Master of Advanced Finance
Monash University
Type of institution: University/Higher Education Institution
Level: Postgraduate
CRICOS: 00008C
The Master of Advanced Finance is for recent graduates or professionals already working in the finance industry. The course provides an opportunity to study the latest theories, practices and models that will shape the future of the sector.As part of this degree, you will gain advanced insight into global financial markets, funds management, financial planning, money market dealing and business forecasting. Your studies will also have an ethics, environmental and corporate social responsibility focus.The degree offers practical ways to apply your knowledge through the trading simulation programs run at Monash STARLab. You can also choose to undertake a research pathway, which can act as a pathway to a PhD.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 percent of all three topic levels of the CFA Program Candidate Body of Knowledge, thus assisting students in preparing for the CFA exams.
Designed for
Early career professionals who have a background in finance and want to advance their skills and knowledge in financial services
Structure
The course comprises 96 points structured into two parts: Part A Mastery knowledge (48 points), Part B Application studies (48 points). Students admitted at entry level 1 complete 96 points, comprising Parts A and B. Students admitted at entry level 2 complete 48 points, comprising Part A. Note: Students eligible for credit for prior studies may elect not to receive the credit and complete the higher credit-point option.
Subjects
- Advanced finance, finance
Standard entry requirements
- Entry level 1: 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 WAM of 80 and be accepted for entry by the Course Coordinator and the Higher Degrees Research Director.Entry level 2: An Australian undergraduate honours degree (or equivalent) in a cognate discipline with a WAM of 65, or equivalent qualification and experience approved by the faculty which has not been used as a basis for entry.English entry requirementsLevel AIELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0Pearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21
Study information
| Campus | Fees | Entry | Mid year intake | Attendance |
|---|---|---|---|---|
| Caulfield | Domestic: $33,000 International: $50,000 | Yes |
|
Further information
This course also offers a research pathway if students are interested in pursing a PhD. Students wishing to undertake the research pathway must maintain at least a 80 WAM and be accepted for entry by the Course Coordinator and the Higher Degrees Research Director.
