Monash University
Master of Management and Master of Advanced Finance
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 24 months
- Course Type: Master's
Develop your management capabilities as well as gain advanced insight in investment management and big data.
Course overview
In this double master's degree, you'll develop your management capabilities as well as gain advanced insight in investment management, corporate financial decision making, sustainable finance, machine learning and big data.
By studying these complementary fields, your specialist management skills will enable you to to develop solutions to complex management problems in a digital world. Together with advanced financial and investment skills, you'll also be prepared for a wide range of leadership and HR roles in banking, asset management, financial regulators and other players in the financial sector.
Key facts
What you will study
To qualify for the award of Master of Management and Master of Advanced Finance, students must complete a total of 96 credit points across 2 components.
- Master of Management component (48 credit points)
- Master of Advanced Finance (48 credit points)
Core subjects
- Organisations: people, purpose and structure (6 credit points)
- Leadership(6 credit points)
- Managing organisational change(6 credit points)
- Strategic management(6 credit points)
Additional Units
You must complete 24 credit points from the following units.
- Talent management and professions of the future (6 credit points)
- People management and work in a global context (6 credit points)
- Work and employment relations (6 credit points)
- Foundations of sustainable human resource management (6 credit points)
- Supply chain management (6 credit points)
- Advanced supply chain management (6 credit points)
- Services and operations management (6 credit points)
- Global sustainable operations and supply chain management (6 credit points)
- Intercultural communication and negotiation (6 credit points)
- Sustainable business and innovation (6 credit points)
Entry Requirements
- An Australian bachelor's degree (or equivalent) with a significant or minor* in finance with at least a high credit (65%) average or equivalent Grade Point Average (GPA).
- 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).
English requirements
To enter Monash University, you must meet the minimum English language requirements. You can do this by completing one of the qualifications listed.
You need satisfactory completion of one of the following:
- The equivalent of an Australian VET Certificate IV course (AQF Level 4), or higher, that the faculty have approved as requiring sufficient English skills
- study in an English-medium educational institution equivalent to at least 24 Monash credit points (one semester of full-time study) at Australian VET diploma level (AQF Level 5) or higher
- At least two units of higher education study (to a minimum of 12 points), of which at least one is an English-rich unit, taken as part of an award or non-award course
- An Australian master's by research or doctoral degree, or equivalent, from an English-medium institution.
The University does not accept competency-based qualifications as meeting English language requirements.
English test
If you don’t meet the Monash English requirement for a course at an Australian campus (but you meet all other admission requirements), contact your faculty to discuss your options. You may be asked to complete an internal assessment or one of the following English tests with the approval of the faculty dean (or a nominee):
- IELTS (Academic)
- IELTS One Skill Retake (Academic)
- IELTS Online
- Internet-based TOEFL
- TOEFL iBT Paper Edition
- Pearson Test of English (Academic)
- C1 Advanced
- C2 Proficiency
- STAT English
Recognition of prior learning
Depending upon prior qualifications, students may receive credit for part of the course. Contact the university for more details.
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
Have 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
Have advanced knowledge to master's level in management and advanced finance.
Fees and FEE-HELP
Average 2025 first-year fee: $37,100 (domestic fee-paying)
The estimated per-unit fee is calculated using the annual average first-year fee. It is typically represented on a full-time study load of 48 credit points.
Some units may have additional fees for required materials or services. Student fees shown are subject to change. Contact the university directly to confirm.
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; and
- eligibility for government-funded loans
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.