Master of Banking and Finance

What you will study

To earn the Master of Banking and Finance, you must successfully complete units totalling 160 credit points, as detailed below. Unless otherwise noted, each course is worth 10 credit points.

The course structure below is based on the two-year, 160-credit-point entry pathway.

Foundation units

You must complete the following foundation units:

• Principles of Accounting
• Principles of Finance
• Econometrics and Business Statistics
• Economics for Professionals

Core units

You must complete the following core units:

• Banking and Financial Intermediation
• Corporate Finance
• Investments
• Current Issues in Banking and Finance

Specialisation

You must complete one 40-credit-point specialisation:

• Financial Management
• FinTech
• Sustainable Finance

Elective units

Complete an additional 40 credit points from postgraduate units for which you meet the prerequisites.

You may use these credit points to complete an eligible second specialisation in Applied Economics, Finance, Financial Management, FinTech, International Business or Sustainable Finance. Availability and entry requirements may apply.

Alternative entry pathways

Depending on your previous qualifications, academic performance and professional experience, you may be admitted to a shorter course pathway:

• 1.5-year, 120-credit-point pathway: Complete 40 credit points of core units, one 40-credit-point specialisation and 40 credit points of elective units.
• Alternative 1.5-year, 120-credit-point pathway: Complete 40 credit points of foundation units, 40 credit points of core units and one 40-credit-point specialisation.
• One-year, 80-credit-point pathway: Complete 40 credit points of core units and one 40-credit-point specialisation.

Your admission pathway determines the units and total credit points you must complete.

Entry requirements

Academic requirements

The admission requirements depend on the course pathway.

One year full-time (or equivalent part-time)

To be eligible for this pathway, applicants must:

• Hold a bachelor’s degree or equivalent.

1.5 years full-time (or equivalent part-time) Core and Flexible pathway

To be eligible for this pathway, applicants must meet at least one of the following requirements:

• Hold a bachelor’s degree in a related field or equivalent.
• Hold a bachelor’s degree or equivalent and have at least two years of relevant full-time professional experience, professional certification or other recognised prior learning.

1.5 years full-time (or equivalent part-time) Foundation and Core pathway

To be eligible for this pathway, applicants must meet at least one of the following requirements:

• Hold a bachelor’s degree or equivalent with a Weighted Average Mark of at least 65.
• Hold a bachelor’s degree or equivalent with a Weighted Average Mark of at least 60 and a Graduate Management Admission Test score of at least 600.

One year full-time (or equivalent part-time)

To be eligible for this pathway, applicants must meet at least one of the following requirements:

• Hold a bachelor honours degree or graduate diploma in a related field, or an equivalent qualification.
• Meet at least two of the following three criteria:
  • Hold a bachelor’s degree in a related field or equivalent.
  • Have at least two years of relevant full-time professional experience, professional certification or other recognised prior learning.
  • Hold a bachelor’s degree or equivalent with a Weighted Average Mark of at least 65, or a Weighted Average Mark of at least 60 together with a Graduate Management Admission Test score of at least 600.

Related fields include accounting, actuarial studies, banking, economics, finance, insurance and valuation.

Relevant professional experience may include technical, specialist, managerial or decision-making roles requiring knowledge of finance, banking, actuarial studies, accounting or economics.

Supporting documents

Applicants seeking admission based on professional experience must provide:

• A current résumé.
• A workplace reference letter confirming their relevant experience.

English language requirements

Applicants must provide evidence of at least one of the following:

• A bachelor’s degree completed in a recognised English-speaking country.
• An IELTS overall score of 6.5, with no individual band score below 6.0, or an accepted equivalent.
• Other accepted evidence of English language proficiency.

Contact the university for further information.

Recognition of Prior Learning

You may be eligible for recognition of prior learning if you have previously studied or have relevant work experience. This will help reduce the number of units you need to study to finish your course. Contact the university for more information.

Outcomes

Career outcomes

Graduates may pursue careers in roles such as:

• Banking and Finance Manager
• Commercial Lending Officer
• Compliance Officer
• Corporate Finance Manager
• Corporate Governance Risk Officer
• Credit Risk Analyst
• Finance Manager
• Financial Adviser or Analyst
• Financial Crime Analyst
• Fund Manager
• Investment Adviser
• Mergers and Acquisitions Analyst
• Mortgage Broker
• Risk Management Specialist
• Stockbroker
• Superannuation Adviser or Analyst
• Wealth Manager

Fees and FEE-HELP

Indicative annual fee in 2027: $37,000 (Full-fee paying place)

Indicative annual fees are based on your first year of study.

A student’s annual fee may vary by:

• The number of units studied.
• Choice of units.
• Credit from previous study or work experience.
• Eligibility for government-funded loans.

Student fees shown are subject to change. Contact the university directly to confirm.

FEE-HELP loans are available to assist eligible full-fee-paying domestic students with the cost of a university course.