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Master of Banking and Finance
3.9 /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
Monash University is one of the finest universities in Australia. Monash University provides Master of Banking and Finance at PG level. The duration of this course is 1 to 2 years. This course attracts students from all over the world. To enrol in this course, international students must fulfil all the admission requirements. The admission requirement at the Monash University include standardized tests like IELTS, TOEFL and PTE. The first year tuition fees Monash University for Master of Banking and Finance is AUD 38,000 (INR 2,599,960). Moreover, the students must be ready for other expenses such as rent, hostel fees, food, books, supplies, utilities, etc. The average cost of living at Monash University is AUD 17,556 (INR 1,201,182).
Duration | 1 - 2 years Get Curriculum |
Tuition & Fees | ₹42.00 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 contents
Master of Banking and Finance at Monash University Fees
Master of Banking and Finance
at Monash University
The first-year tuition fee for the Master of Banking and Finance at the Monash University is AUD 38,000 (INR 2,599,960). Moreover, the fee structure for the Master of Banking and Finance comprises the first-year tuition fees, supplement charges, facility requirements, and other additional charges offered by the Monash University.
Apart from the tuition cost and university charges, students should also keep in mind the extra expenses to stay at the university or any nearby accommodation. They are required to manage the finances for various factors like rent, food, transportation, utility, and other personal expenses, which can vary as per the individual, however, the average cost of living is AUD 17,556 (INR 1,201,182).
Check the detailed information on the Monash University Master of Banking and Finance on the fee breakup, from the table below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 41,99,921 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 11,86,576 |
| Insurance | INR 41,161 |
Calculated at the exchange rate of 1 AUD = INR 67.588036 | Tuition & expenses were last updated on 14ᵗʰ September 2026Master 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 lessAn Australian bachelor degree (or equivalent) and achieved at least a credit (60%) average or an equivalent grade point average (GPA). Alternatively, an Australian bachelor honours degree (or equivalent) in a cognate discipline with at least a credit (60%) average, or equivalent qualification and relevant professional experience.
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 6.69 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 |
|---|---|
| #38 | |
| #58 |
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
3.9/5
37 Verified ReviewsStudent Views (Based on Reviews)
- 51% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Friendly
Multi-dimensional
Stressful
Internships3.4
Part time work3.6
Post study jobs3.4
Quality of faculty4.3
Student Life4.3
Value for money3.5
Public transportation4.2
Safety4.3
Indian Food4.3
Permanent Immigration3.5
A
Anonymous
Bachelor of Commerce - Batch of 2027
3.9
Monash uni has a place for everyone
Tips: There is a club/society for everyone. Get involved, talk to everyone, iniate plans outside uni and the transition to uni becomes much easier.
I do not currently have any scholarships, but recieve loans from the goverment as I am a domestic student.
Overall im very satisfied with my uni experience.
Likes (Part time work): on campus many of my friends work in student services and make a similar amount to me. off campus its very common for students to have part time jobs. I currently work at a technology store and am able to balance it well with full time university. Average payout is 800 aud fortnightly
Dislikes (Indian Food): there are not many bangladeshi restuarants nearby and i prefer cooking my own meals
loacally there is lots of east asian food and a wide variety of other food such as mexican, sushi, pizza, middle eastern. the pricing ranges 13-20 for most meals and drinks are usually 5-10aud
Total Monthly ExpenseAUD 175
Prepping time for classes6 hours/Week
Expected Annual SalaryAUD 87725
A
Anonymous
Master of Biotechnology - Batch of 2026
3.7
Life in Uni and the expectations.
Tips: Students should have a brief idea about the courses, like what they are pursuing, how it will benefit them in the future, and what the outcome of it will be. I have become more independent, which is great. Nope, no scholarships; I am alright with my university. It's good!
Likes (Internships): I am currently interning, which is great. I am learning new things every day. In the beginning it was tiresome; now I have got the hang of it, and I enjoy working, to be honest. It's more fun to be involved in the industry and gain hands-on experience rather than theory.
Dislikes (Value for money): I feel it's too much for me personally; I guess the conversion rate also plays an important role. But I feel the course could have been more elaborated rather than the way it is at the moment. Other than that, they should have a clear division for industry and research, I feel.
Total Monthly ExpenseAUD 1400
Prepping time for classes25 hours/Week
Expected Annual SalaryAUD
A
Anonymous
Master of Business Analytics - Batch of 2023
3.8
International student friendly but not worth the money
Tips: Pick your course accordingly on the basis of your liking and take thorough knowledge of what your expectations are and what their course map says because different universities offer the same course in different ways. If you plan on staying in Australia, choose your course according to that.
Likes (Student Life): You learn how to be independent and enjoy the amenities your university provides; there are a lot of events happening all over the university with different kinds of interest bases where everybody can enjoy themselves. Different cultures are also celebrated with full immersion.
Dislikes (Post study jobs): There is not an abundance of jobs for data analytics in Australia. A university doesn't help you with it, and there are no placement portals. It is difficult to find companies sponsoring, and also the graduate course application takes so long for the next stage to happen.
Total Monthly ExpenseAUD 1300
Prepping time for classes17 hours/Week
Expected Annual SalaryAUD 70000
S
saptashya
Master of Biotechnology - Batch of 2025
4.4
Limited opportunities for freshers.
Tips: After getting your admission, start looking for houses online, join online communities related to your university, and ask all sorts of questions there. Be mentally prepared for the workload, which is quite high, and if not done on time, you can fall behind, resulting in unnecessary stress.
Likes (Student Life): Monash has honestly ticked pretty much every box for me when it comes to campus life. Like, whether you're looking at the sports setups, clubs, networking, or trying to find internships, they have it covered. The actual facilities here are incredible which honestly forces you to stay active since there’s always something going on.
You've got the varsity setups under Team Monash, casual social leagues, plus all the regular student clubs—there are just a ton of options. Honestly, Clayton campus is basically its own mini-city, so you're always bumping into new people and building a network just by hanging out at the lounges or the Monash Sport complex. It gives you a really solid balance between grinding on your degree and actually having a life outside of classes.
Dislikes (Post study jobs): Not many companies sponsor your visa, unless you are exceptional. Just like any other foreign country, it's always hard to get jobs, as it's super competitive. Usually, you will always be offered entry-level packages and titles unless you have prior experience.
Total Monthly ExpenseAUD 3375
Prepping time for classes24 hours/Week
Expected Annual SalaryAUD
Y
Yash Bhatt
Master of Banking and Finance - Batch of 2025
4.0
Modern and professional university.
Tips: The cost of living in Melbourne is something students need to know before coming to Australia. It should also reference the importance of their course and how it could benefit them. Have a proper planning of what you will do. If you look only at the Australian job market, make sure it does not have limited opportunities.
Likes (Student Life): Student life is amazing. Many events for students in the university. Melbourne as a city is beautiful and lively. Students can be part of various clubs and student associations. For example, the Monash Student Association and Monash Graduate Association.
Dislikes (Internships): Internship opportunities in Australia are not a lot. Very limited options. Monash University does help in providing an internship but it's not guaranteed. Not all students get internships. Moreover, it's not easy to find an external internship.
Total Monthly ExpenseAUD 2125
Prepping time for classes8 hours/Week
Expected Annual SalaryAUD 60000
View All 45 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 Important Dates
Master of Banking and Finance
at Monash University
Feb , 2027
Course Commencement Date (Summer)
Jul , 2027
Course Commencement Date (Winter)
Master of Banking and Finance at Monash University Scholarships
Master of Banking and Finance
at Monash University
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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
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