Monash University
Master of Advanced Finance
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 12 months
- Course Type: Master's
Enhance your understanding of global financial markets, funds management, corporate finance, financial modeling and risk to better understand how you can actively influence global money markets in your career.
Course overview
In as little as one year (based on your relevant experience), you’ll have the opportunity to study the latest theories, models and practices that are influencing the sector. You will deepen your understanding of areas such as global financial markets, fund management, corporate finance, financial modelling and risk, to gain a clearer sense of how you can actively shape the international money markets in your own career.
The course will sharpen your understanding of financial markets and instruments, valuation, trading and risk management, as well as ethics, environmental and corporate social responsibility. You’ll also have the chance to explore in-depth investment banking, asset management and financial technology and sustainability – while drawing on a quantitative skillset and leveraging machine learning and big data. Practical opportunities to apply your knowledge are also an essential aspect of the program. You will actively apply theories and models using industry-grade programming languages, such as Python and through trading simulation programs run at Monash STARLab.
By the time you complete your studies, you’ll have fine-tuned your financial acumen, equipped not just with knowledge but with a network that extends beyond the classroom. You will gain a critical edge in your career, building on opportunities to make professional progress and make more informed decisions that positively impact the world’s financial markets. The Master of Advanced Finance is also recognised by the CFA Institute, making it an ideal next step towards your CFA exams.
The Master of Advanced Finance is not just a degree; it's your passport to a finance future where you actively shape the industry.
Key facts
July, 2026
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
Indicative 2026 first-year fee: $38,000 (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.