Master of Banking and Finance
3.8 /5
- Public University
Monash Business School
Talk to ExpertMaster of Banking and Finance at Monash University Overview
Master of Banking and Finance
at Monash University
The Monash University is among the popular universities to study Master of Banking and Finance from abroad. The duration of the program is 1 to 2 years. The first-year Monash University tuition fees for Master of Banking and Finance is around AUD 45,800. Students must plan to manage their cost of living (accommodation, groceries, insurance, utilities, etc.) apart from tuition fees to study at the university. The average estimated cost of living is around AUD 14,532.
Applicants must meet the Monash University admission requirements to study the course. They must submit an online application by the course deadline to get into the university.
Duration | 1 - 2 years Get Curriculum |
Tuition & Fees | ₹33.31 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Banking and Finance
Table of content
- Overview
- Fees
- Curriculum
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
Master of Banking and Finance at Monash University Fees
Master of Banking and Finance
at Monash University
Monash University Master of Banking and Finance fee structure includes first-year tuition fee that all the students have to pay. Apart from the tuition fee, the students also have to spend money on stay, food and other utilities, which comprises cost of living, which is AUD 14,532. The total expense may vary, depending on the additional charges provided by the Monash University. The total first-year tuition fees of Master of Banking and Finance is AUD 45,800.
To know more about Monash University Master of Banking and Finance fee breakup, check out the table below:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 33,31,320 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 10,29,659 |
| Insurance | INR 35,718 |
Calculated at the exchange rate of 1 AUD = INR 58.65 | Tuition & expenses were last updated on 29ᵗʰ September 2025Master of Banking and Finance at Monash University Curriculum
Master of Banking and Finance
at Monash University
Latest curriculum for Master of Banking and Finance at Monash University can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MIM at Monash University
Download exam sample paper
IELTS
IELTS
TOEFL
PTE
Master of Banking and Finance at Monash University Entry Requirements
Master of Banking and Finance
at Monash University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 60%
- Read less
- Applicants who satisfy the below condition will complete the degree in 1 year:
- An Australian undergraduate honors degree (or equivalent) in a cognate discipline with a WAM of 60, or qualification/experience or a satisfactory substitute that the faculty considers to be equivalent
- Applicants who satisfy the below condition will complete the degree in 1.5 years:
- An Australian undergraduate degree (or equivalent) in a cognate discipline with a WAM of 60, or qualifications/experience or satisfactory substitute that the faculty considers to be equivalent OR
- An Australian graduate certificate (or equivalent) in a cognate discipline with a WAM of 60, or qualifications/experience or satisfactory substitute that the faculty considers to be equivalent OR
- A four-year Australian undergraduate honors degree (or equivalent) with a WAM of 60 or qualification/experience or satisfactory substitute that the faculty considers being equivalent.
- Applicants who satisfy the below condition will complete the degree in 2 years:
- An Australian bachelor degree (or equivalent) and achieved a weighted average mark (WAM) of 60 or an equivalent grade point average (GPA)
- Applicants who satisfy the below condition will complete the degree in 1 year:
Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
TOEFL
- Marks - 79/120
- with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21
Sign-up to view details
Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
PTE
- Marks - 58/90
- With minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50
IELTS
- Marks - 6.5/9
- with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0
Sign-up to view details
Master of Banking and Finance at Monash University Application Process
Master of Banking and Finance
at Monash University
Step one
Prepare documents for application
SOP
- Statement of Purpose (Written by Student)
CV
- Up-to-date CV (if last qualification was more than 6 months old)
Step two
Additional documents required
- Individual semester wise mark-sheets Year 10 onwards till highest qualification
- Provisional /Final Degree Certificate
- Work Experience Documents (if applicable)
- English Language Scores
- Copy of passport
Step three
Start your online application
Step four
Application fees for this course
AUD 100 = INR 5.87 Thousand
Mode of payment: Credit card, Debit card
Master of Banking and Finance at Monash University Rankings
Master of Banking and Finance
at Monash University
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #41 | |
| #67 |
Master of Banking and Finance at Monash University Placements
Master of Banking and Finance
at Monash University
| Particulars | Statistics (2023) |
|---|---|
| Internship Available | Yes |
Monash UniversityStudents Ratings & Reviews
3.8/5
24 Verified ReviewsVibe of Campus
- Academically oriented
- Friendly
- Multi-dimensional
- Liberal
Student Views
- 63% students never faced discrimination in this university
Internships3.3
Part time work3.3
Post study jobs3.5
Quality of faculty4.2
Student Life4.1
Value for money3.4
Public transportation4.1
Safety4.4
Indian Food4.3
Permanent Immigration3.5
A
Anonymous
Bachelor of Engineering (Honours) and Bachelor of Computer Science - Batch of 2026
Offered by Monash University
4.2
Learning, growing and loving the uni life.
Tips: Before joining, students should be prepared for being comfortable stepping out of their comfort zones. The people are actually very nice over here and love to have short talks. The cultural shift was noticeable - especially the independence and direct communication - but I adjusted over time. I received a 10,000 AUD partner scholarship, which was directly deducted from my one-year fee. Overall, I'm happy with my course, the university, and the experience here in Australia.
Dislikes (Public transportation): The V-Line services often experience disruptions, delays and planned works, which can be quite inconvenient. On weekends and public holidays, the frequency of trains tends to drop significantly, leading to long gaps between services. While the campus is connected to the city via train and bus.
Reviewed on 27 Jul 2025Read more
A
ANUJ RANJAN
Bachelor of Software Engineering (Honours) - Batch of 2027
Offered by Monash University
3.5
It is a great college and international exposure is great.
Tips: Monash offers great academics and a diverse campus, but tuition and living costs are high. Adjusting was tough at first due to a new academic style and independent culture, but the diverse, friendly campus made it easier to settle. I did not get any scholarships.
Likes (Indian Food): There are plenty of food options from my country of origin available around the Clayton area. Grocery stores and supermarkets also stock Indian items and ingredients. I often prefer cooking at home, but it's great to have affordable and authentic options when I want to have something great.
Dislikes (Value for money): It is very expensive to study at Monash University, and while the faculty members and teaching are good, I don't think that the extremely high tuition or around AU$ 200,000 is justified. The value does not match the investment as it places a very big burden on student and parents.
Reviewed on 3 Jul 2025Read more
A
Anonymous
Bachelor of Engineering (Honours) and Bachelor of Commerce - Batch of 2026
Offered by Monash University
2.9
The university is a business rather than an educational institution.
Tips: The university prefers first-year students, and they get the most perks. They get to pick classes in the best buildings, whereas senior students get worse buildings with worse class times. The faculty are average, and they just teach us for the sake. International students are getting ripped off in terms of money and value, so try to attend every class so you can make your money's worth. The course should be improved and meet the industry's expectation. However, we do have many on-campus campaigns, activities and events that help us in building connections with other people.
Reviewed on 17 Feb 2025Read more
R
Raiwat Kumar
Bachelor of Science and Bachelor of Computer Science - Batch of 2026
Offered by Monash University
3.6
A balanced journey, growth, challenges, and opportunities as an international student.
Tips: Student should know that while this college offers a wide range of opportunities, both academic and extra curricular requires self initiative, professors and staff are supportive, but you need to be protective about attending events seeking, help and building your network time management is key, especially if you're juggling studies with part-time work. Also, don't expect things to be handed to you. You will get the most out of the experience if you actively participate in what's happening on campus. The transition was challenging at first, especially as an international student, and there was definitely a cultural shift. People are more individualistic and open in how they communicate. The education system is also different, focusing more on independent learning, critical thinking, and research-based assignments. At the same time, their cultural diversity on campus helps me quickly. I made friends from different countries and which really helped open my mind and help me feel more included. I received the international student merit-based scholarship. The process involves submitting my academic transcript and personal statement during my application. It wasn't a full scholarship, but it offered a partial tuition fee, which was helpful in reducing final pressure. Overall, I am quite satisfied. My course industry offers flexibility in choosing electives. My university has resources like labs, care services, and academic support. Australia is a safe country and offers a good quality of life. While there are ups and downs, the experience has been worth it, especially in terms of personal growth and future opportunities.
Reviewed on 2 Jul 2025Read more
A
Anonymous
Master of Business Information Systems - Batch of 2025
Offered by Monash University
3.1
Ambiguous, stressful, but worth it.
Tips: I recommend researching the course structure rather than focusing on university rankings. University rankings don't matter much for job prospects. Apply for international student grants when you apply. Try to stay in contact with professors. There's still a lot to learn online.
Likes (Safety): Highly secure, with numerous services available. There is 24/7 police patrolling, and a police station is located on campus. Emergency contacts are readily available, and cameras are installed throughout. A bus service is provided for students returning late at night, and security checks are conducted in all rooms and buildings.
Dislikes (Internships): For IT department masters, there is no internship support from the university. It's not part of our course requirement, no guidance is provided, and there is no preference for international students. Therefore, it is very difficult for people to secure one.
Reviewed on 27 Aug 2025Read more
View All 27 Reviews
Master of Banking and Finance at Monash University Highlights
Master of Banking and Finance
at Monash University
- The Master of Banking and Finance is a comprehensive master's degree that will give a thorough understanding of the banking and finance industry.
- By connecting research and practice, the Master of Banking and Finance enables to develop a deep understanding of the core role of the global banking industry and provides practical opportunities to apply your knowledge.
Master of Banking and Finance at Monash University Scholarships
Master of Banking and Finance
at Monash University
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Akanksha Malhotra is a Content Writer / Editor at Shiksha.com's Study Abroad vertical, creating content for University pages. She is a seasoned education writer with 5+ years of experience, including writing articles for all-India and state levels, r...Read Full Bio
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Master of Banking and Finance at Monash University Contact Information
Master of Banking and Finance
at Monash University
Address
Scenic Blvd, Clayton, Victoria 3800, Australia
Melbourne ( Victoria)
Phone
Go to College Website ->