Monash University
Master of Advanced Finance
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 12 months
- Course Type: Master's
Gain the skills required for an exciting and impactful career in finance and investment.
Course overview
If you’ve already started taking steps towards an exciting, impactful career in finance and investment, this program is the ideal opportunity to take your know-how to even greater heights.
In as little as one year (based on your relevant experience), you’ll have the opportunity to study the latest theories, models and practices influencing the sector. You will deepen your understanding of global financial markets, funds management, corporate finance, financial modelling and risk to give you a clearer sense of how you can actively shape the global money markets in your career.
Monash's Master of Advanced Finance will give you insights into the industry – and allow you to explore areas as diverse as fintech, environmental finance and big data. This degree will also allow you to gain specialist knowledge in the following areas:
- Investment banking
- Fintech and sustainability
- Asset management
- CFA Affiliation
Monash University is part of the CFA Institute University Affiliation Program and the Master of Advanced Finance is recognised by the CFA Institute, the global association for investment professionals that awards the Chartered Financial Analyst® (CFA) designation. This means the program covers a minimum of 70 per cent of all three topic levels of the CFA Program Candidate Body of Knowledge, thus assisting students in preparing for the CFA exams.
Additionally, this Master of Advanced Finance is an academic partner to the Global Association of Risk Professionals (GARP) which administers the prestigious Financial Risk Manager (FRM) certification.
Key facts
What you will study
To complete the Master of Advanced Finance, you must complete 12 units (72 credit points). It consists of Part A. Mastery Knowledge 8 units (48 credit points) and Part B. Electives 4 units (24 credit points).
Core units
You must complete the following
- Financial Statement Analysis and Business Valuation (six credit points)
- Funds Management (six credit points)
- Case Studies in Finance (six credit points)
- Advanced Foundations of Finance (six credit points)
- Quantitative and Data Analysis in Python (six credit points)
Specialist studies
You must complete three units (18 credit points) from one of the following specialist studies.
Investment banking
You must complete the Mergers and acquisitions (6 credit points) and two further units (12 credit points) from this specialist study.
- Applied Corporate finance (six credit points)
- Infrastructure and Project Finance (six credit points)
- Applied Derivatives (six credit points)
- Mergers and Acquisitions (six credit points)
- Macroeconomics (six credit points)
Asset management
You must complete Applied derivatives (6 credit points) and two further units (12 credit points) from this specialist study.
- Applied Derivatives (six credit points)
- Treasury and Financial Markets (six credit points)
- Financial Machine Learning (six credit points)
- Fixed Income Investments (six credit points)
- Macroeconomics (six credit points)
Financial technology and sustainability
You must complete Fintech (six credit points), Sustainable Finance (six credit points) and one further unit (six credit points) from this specialist study.
- Fintech (six credit points)
- Climate Change and Carbon Management Strategies (six credit points)
- Sustainable Finance (six credit points)
- Financial Machine Learning (six credit points)
Entry requirements
Entry level 1: 72 points to complete
Duration: 1.5 years full-time, three years part-time
- An Australian bachelor's degree (or equivalent) with a major or minor* in finance with at least a high credit (65%) average or equivalent Grade Point Average (GPA).
Entry level 2: 48 points to complete
Duration: One year full-time, two years part-time
- An Australian bachelor's degree (or equivalent) with a major in finance with at least a high credit (65%) average, or equivalent Grade Point Average (GPA), from a Certified Financial Analysts (CFA) Institute affiliated university.
- An Australian bachelor's degree (or equivalent) with a major in finance with at least a high credit (65%) average or equivalent Grade Point Average (GPA) and an Australian graduate certificate/honours degree (or equivalent).
- An Australian bachelor's degree (or equivalent) with a major in finance with at least a high credit (65%) average or equivalent Grade Point Average (GPA) and two years of relevant professional experience.**
- An Australian bachelor's degree (or equivalent) and having passed the level I CFA examination or equivalent membership of a recognised professional finance program.
*A minor is at least four units (equivalent to 24 Monash credit points).
** Applicants applying based on work experience are required to provide a detailed curriculum vitae outlining their employment history and professional experience.
English language requirements
For entry to Monash University, you must meet the minimum English language requirements. You can do this by completing one of the qualifications listed on their website.
If you've completed several measures of English proficiency over a period of time, the highest valid measure will be accepted as long as it's been taken within the required time limitations.
University entrance requirements
Minimum entrance requirements apply for admission to Monash University Australia.
Recognition of Prior Learning
You may be able to get credit for your course based on prior formal, non-formal or informal learning. To apply, you will need to provide supporting documentation outlined by the university. Contact the university for more information.
Outcomes
Learning outcomes
- Be critical and creative scholars who:
- Produce innovative solutions to problems.
- Apply research skills to business challenges.
- Communicate effectively and perceptively.
- Be responsible and effective global citizens who:
- Engage in an internationalised world.
- Exhibit cross-cultural competence.
- Demonstrate ethical values.
- Show a comprehensive understanding of their discipline and be able to provide discipline-based solutions relevant to the business, professional and public policy communities we serve.
- Demonstrate judgement, creativity and application of advanced quantitative finance theories and methods in an ethical manner in financial markets, related intermediaries and finance divisions of large corporations.
Fees and FEE-HELP
Average 2025 first-year fee: $37,100 (domestic full-fee paying place)
All costs are calculated using current rates and are based on a study load of 24 credit points (normally four units) per semester or 48 credit points (normally eight units) per year.
A student’s annual fee may vary in accordance with:
- The number of units studied per term.
- The choice of major or specialisation.
- 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.