Master's Degree Finance Full Time

Master of Applied Econometrics and Master of Advanced Finance

at Monash University · Melbourne, Victoria

CRICOS course code

112897M

CRICOS provider code

00008C

This course is registered on the Commonwealth Register of Institutions and Courses for Overseas Students. Verify it yourself at cricos.education.gov.au before paying any fee.

Duration

2 years

Tuition (whole course)

A$123,394 total

Per year

A$61,697/yr

Intake

Semester 1 (Feb/Mar), Semester 2 (Jul)

About this program

The Master of Applied Econometrics and Master of Advanced Finance programmes at Monash University provide students with a comprehensive understanding of financial principles and quantitative analysis skills essential for tackling complex economic issues. Throughout this two-year full-time course, learners will engage in advanced statistical methods, econometric modelling, and data analysis techniques tailored for finance. The curriculum covers various critical areas such as risk management, financial markets, forecasting, and investment analysis, equipping students with the theoretical knowledge and practical skills necessary for success in the finance sector.

Australian master's degrees are typically structured over two years and include a combination of coursework and research components. Students are required to complete a series of units that accumulate credit points leading to the final qualification. The programme may also incorporate a capstone project or research thesis that enables students to apply their learned concepts to real-world scenarios, further enhancing their learning experience. Additionally, the course fosters opportunities for work-integrated learning, enabling students to gain practical experience through professional placements within the finance industry.

This master's programme is suited for individuals who have a background in economics, statistics, finance, or related disciplines and wish to advance their expertise in applied econometrics and finance. Graduates will leave with robust analytical skills, critical thinking, and the capability to interpret financial data effectively. They will also have the ability to explore diverse career pathways in finance, research, and analytics sectors.

Entry requirements

English: International applicants must evidence English proficiency. IELTS Academic 6.0–6.5 overall is the common undergraduate and coursework-postgraduate standard, rising to 7.0–7.5 for teaching, nursing, medicine, law and social work. TOEFL iBT, PTE Academic, Cambridge C1 Advanced and the university’s own English programmes are accepted as equivalents; the Department of Home Affairs sets a separate English threshold for the Student visa itself.

International students: Registered on CRICOS for international students. A Confirmation of Enrolment (CoE) for this course supports a Student visa (subclass 500) application; Overseas Student Health Cover is required for the full duration.

Career outcomes

Financial Analyst
Quantitative Analyst
Econometrician
Risk Manager
Investment Advisor
Data Scientist in Finance

Industries that commonly hire graduates include banking, investment management, consulting, public policy, and research institutions across Australia.

Frequently asked questions

How long is the Master of Applied Econometrics and Master of Advanced Finance at Monash University?

It typically takes 2 years, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$123,394 total. Fees change yearly — confirm with an advisor.

What are the career outcomes?

Financial AnalystQuantitative AnalystEconometricianRisk ManagerInvestment AdvisorData Scientist in Finance Industries that commonly hire graduates include banking, investment management, consulting, public policy, and research institutions across Australia.

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