Applied Finance

Expert master degree

Are you seeking to acquire advance expertise in quantitative and qualitative finance? The Master of Applied Finance is designed for finance professionals who are seeking additional specialist knowledge for career progression.

The course allows you to align your learning to your career aspirations with advanced studies in global financial markets, funds management, financial planning, money market dealing and business forecasting.

The course covers specialist areas of finance instruction, and is a CFA Program Partner of the CFA Institute, which awards the international CFA Financial Analyst Designation qualification.

For students looking to begin study in 2016

At a glance

Course Details

Location(s): On-campus at Caulfield: Full time & part time
Duration: 1.5 years or less (full time), dependent on qualifications
Start date: Semester One (February), Semester Two (July)
Qualification: Master of Applied Finance

Information about fees

Entry Requirements

You need to satisfy the following entrance requirements to be considered for entry to this course.

Minimum entry requirements

Qualifications

Entry level 1: 72 points to complete 
Duration: 1.5 years full-time, 3 years part-time

Applicants must have completed an Australian bachelor degree with a major in finance; or an Australian bachelor degree with significant work experience in the finance industry; or an equivalent qualification. Applicants will be ranked accordingly based on their entire academic record, and a Weighted Average Mark (WAM) of 65% is preferred.Students wishing to undertake the research pathway must maintain at least a 70% WAM and be accepted for entry by the Course Coordinator and the Higher Degrees Research Director.

Entry level 2: 48 points to complete
Duration: 1 year full-time, 2 years part-time

An Australian undergraduate honours degree (or equivalent) in a cognate discipline with a WAM of 65%, or qualification/experience or a satisfactory substitute that the faculty considers to be equivalent, which has not been used as a basis for entry.

English requirements

Applicants must also meet the English language requirements.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

Making the application

Future students

Semester one (February)
Apply directly to Monash using the relevant course code.

Semester two (July)
Apply directly to Monash using the relevant course code.

For applications Direct to Monash

Apply directly to Monash with this course code: B6003

Current Monash students

You may apply to transfer from another Monash course. Transfers are a competitive process. You may apply mid-year for available courses however consideration will be given as to whether you will be able to follow your course progression.

Please note that if you apply for a course transfer, you should still enrol in your current course as if you were continuing so as not to jeopardise your enrolment in the Faculty if your transfer application is unsuccessful. More about Course Transfer...

Self assess for credit eligibility

Check for study credit using the "Credit search" link on the Credit for prior study page

Fees

Fees are subject to change annually.

Full fee

Domestic fees are per 48 credit points which represents a standard full-time course load for a year.

A$27,200

Fee assistance

As a full fee-paying student, you may be eligible to apply for the optional FEE-HELP to assist you to pay all or part of your tuition fees.

Scholarships

We offer over 200 types of scholarships, valued at up to $70,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.

Other fees

The Student Services and Amenities Fee applies to some students each calendar year.

Course Structure

The course is structured in two parts.  Part A. Mastery knowledge and Part B. Application studies.  All students complete Part A.  Depending upon prior qualifications, you may receive credit for part A or part B or a combination of the two.

PART A. Mastery knowledge

These units will develop your understanding of the finance discipline and will enable you to provide discipline-based solutions within a business, professional or public context.

PART B. Application studies

The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development. You will develop a sound knowledge base and acquire a thorough understanding across specific areas of finance.

View course maps

The following progression map(s) shows you a guide of the typical sequencing of units undertaken in this course.

Please select one to view:

For more information visit the faculty website