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Handbooks Courses Units
Monash University

Master of Business (Banking and Finance)

Course code: 0504 ~ Course abbreviation: MBus(Bkg&Fin) ~ Total credit points required: 96 ~ 2 years full-time, 4 years part-time ~ Managing faculty: Business and Economics

Study mode and course location

On-campus (Caulfield)

    Course description

The course enables students to gain knowledge and skills which are essential attributes of graduates employed in the financial services industry. The flexible structure enables students to construct a program that best suits their future career.

Course objectives

The learning goals associated with this course are to: develop the ability to identify problems, to synthesise, analyse, summarise and classify data and qualitative information, to evaluate and weigh evidence, arguments and ethics, to apply specialist skills and knowledge to global business issues; and to work out solutions to real world business cases and problems; develop the ability to locate, evaluate and reference needed data and qualitative information stored electronically and physically and to use state-of-the-art technology to produce high quality, persuasive and appropriate spoken and written presentations; develop the ability to work independently and to lead and participate in teams from diverse cultural and social backgrounds; develop knowledge of, and opportunities for membership progression in, the financial services and/or accounting professions and the need to pursue life-long learning to be an effective leader and provide service to local, national and international communities.

    Course structure

Course requirements

(a) Students must complete four core units (24 points):

  • AFF9150 Options, futures and risk management
  • AFF9250 Financial management theory
  • AFF9260 Australian capital markets
  • AFF9350 Portfolio management and theory

(b) students must complete four units (24 points) from the following list*:

  • AFF9020 Introduction to risk principles
  • AFF9130 Financial planning environment
  • AFF9140 Bank lending
  • AFF9160 International banking and finance
  • AFF9180 Financial institutions planning and strategy
  • AFF9770 Risk financing and treasury management
  • BTX9380 Banking law and practice
  • ETX9520 Quantitative methods for risk analysis
  • MKF9790 Banking and financial services marketing

    *Subject to approval from the course coordinator, students may select other units taught by the Department of Accounting and Finance.

(c) students must complete four 5000-level finance units (24 points) from the Department of Accounting and Finance

(d) students must complete four graduate-level units (24 points) offered by any department within the Faculty of Business and Economics.

It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program.

    Exit points

Students can exit early from this degree under the following conditions:

  • completion of four 9000-level units - Graduate Certificate in Business
  • completion of eight 9000-level units including at least two of AFF9150, AFF9250, AFF9260 or AFF9350 - Graduate Diploma in Banking and Finance.

    Professional recognition

Details of educational requirements for professional recognition can be found under the Professional Recognition entry in the Faculty of Business and Economics section of the Postgraduate Handbook.

    Contact details

Department of Accounting and Finance: telephone +61 3 9903 2359; email:

Course coordinator

To be advised