Master of Banking and Finance

The Master of Banking and Finance will help you break into the banking or finance industry, even if you are new to it. You will gain a thorough understanding of the banking and finance sector, expand your knowledge of financial institutions and take advantage of practical opportunities to apply your knowledge. In this degree, you will cover portfolio management and lending and risk management, as well as money markets and financial management.
Your degree will also come together to form a practical skill set – including critical thinking and communication skills – which you can put to use straight away as you build your career in the dynamic banking and finance sector.

Entry level 1: An Australian bachelor degree (or equivalent) and achieved a weighted average mark (WAM) of 60 or an equivalent grade point average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record.

Entry level 2: An Australian undergraduate degree (or equivalent) in a cognate discipline with a WAM of 60, or qualifications/experience or satisfactory substitute that the faculty consider to be equivalent

OR

An Australian graduate certificate (or equivalent) in a cognate discipline with a WAM of 60, or qualifications/experience or satisfactory substitute that the faculty consider to be equivalent

OR

A four-year Australian undergraduate honours degree (or equivalent) with a WAM of 60 or qualification/experience or satisfactory substitute that the faculty considers to be equivalent.

Entry level 3: An Australian undergraduate honours degree (or equivalent) in a cognate discipline with a WAM of 60, or qualification/experience or a satisfactory substitute that the faculty considers to be equivalent, which has not been used as a basis for entry to another course within the Monash Business School.

Level A

IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0

Pearson Test of English (Academic): 58 Overall score, No PTE communicative skills score below 50

TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21

Paper-based TOEFL 550 Test of written English: 4.5

Cambridge English: Advanced (CAE) 176 No skill score below 169
Cambridge English: Proficiency (CPE) 176 No skill score below 169