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Macquarie University -

Master of Banking and Finance

  • Delivery: Face to Face
  • Study Level: Postgraduate
  • Duration: 24 months

The highly practical Master of Banking and Finance is designed to meet employer needs and will develop your theoretical knowledge alongside your practical capabilities.

Course Overview

It’s an indisputable fact that money makes the world go round. Consequently, some of the most important, exciting and rewarding jobs can be found in the banking and finance sector. A career in this dynamic field has the potential not only to take you around the world, but also to make a considerable impact on people across the globe.

In this program, you’ll develop your knowledge and skills in the core areas of financial principles, analysis and modelling, econometrics and statistics. And you’ll have the opportunity to undertake electives in areas such as fintech, environmental finance, capital markets and business valuation.

Key Facts

Delivery
Face to Face
Course Type
Master's
Duration
More Information
Can be studied part time
24 months (Full time)
Price Per Unit
From 4225
More Information
The estimated per-unit fee is calculated using the annual average first-year fee. It is based on a full-time study load of 40 cp (4 units) per semester or 80 cp (8 units) per year.
Intake
28th July, 2025
Units
16
Fees
More Information
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.
FEE-HELP

What you will study

To graduate with a Master of Banking and Finance, a student must acquire 160 credit points (CP) from the course units below. Each unit is valued at 10 CP.

Foundation zone

Essential units (40 CP)

Complete each unit below:

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

Entry requirements

Academic requirements

Depending on your prior qualifications, work experience or other recognised prior learning, you may be able to complete your degree in less time. Applicants can qualify for entry to this degree by fulfilling the admission points below:

2-year program - Foundation zone, Core zone, Flexible zone (160 CP)

  • An AQF level 7 bachelor's qualification or recognised equivalent.

1.5-year program - Core zone, Flexible zone (120 CP)

You must have one of the following:

  • An AQF level 7 bachelor's qualification in a related field or recognised equivalent.
  • An AQF level 7 bachelor's qualification or recognised equivalent, and minimum two years of relevant approved work experience, professional certification or other recognised prior learning.

1.5-year program - Core zone, Foundation zone (120 CP)

  • An AQF level 7 bachelor's qualification or recognised equivalent with a WAM of 65 or higher, or a minimum WAM of 60 together with a GMAT score of 600 or higher.

1-year program - Core zone (80 CP)

You must have one of the following:

  • An AQF level 8 bachelor honours or graduate diploma qualification in a related field or recognised equivalent.
  • Meet two of the following three criteria:
    • An AQF level 7 bachelor's qualification in a related field or recognised equivalent.
    • Two years (full-time equivalent) of work experience, professional certification or other recognised prior learning.
    • An AQF level 7 bachelor’s qualification or recognised equivalent with a WAM of 65 or higher, or a minimum WAM of 60 together with a GMAT score of 600 or higher.

English language requirements

When applying to study at Macquarie University, you’re required to provide evidence of proficiency in English.

The required standard of English for this degree is outlined here: IELTS - Writing 6.0, Speaking 6.0, Reading 6.0, Listening 6.0 and an overall score of 6.5.

You may satisfy the English language requirements by having one of the following:

  • An approved English language test at the required level.
  • A qualification from an approved country with English as the language of instruction.

Please contact the university for full details.

Recognition of Prior Learning

With recognition of prior learning (RPL), you could get credit for your prior study and experience, reducing the duration of your studies. Credit is awarded for formal and informal or non-formal learning. You’ll need to apply for RPL once you receive your offer to study at Macquarie.

Contact the university for more information.

Outcomes

Career outcomes

Graduates may pursue careers in roles such as:

  • Corporate finance manager
  • Credit risk analyst
  • Finance manager
  • Financial adviser or analyst
  • Fund manager
  • Investment adviser
  • Mortgage broker
  • Risk management specialist
  • Stockbroker
  • Superannuation adviser or analyst

Fees and FEE-HELP

Estimated annual fee in 2025: $33,800 (domestic full-fee paying place)

The estimated fee displayed is based on a standard full-time study load. Fees may increase each year. For courses longer than one year in duration, you'll pay the fee that is current for the year that you enrol.

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.