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Monash University

Monash University Handbook 2010 Postgraduate - Course

This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics

Managing facultyBusiness and Economics
Abbreviated titleMBus(Bkg&Fin)
CRICOS code064805M
Total credit points required72
Standard duration of study (years)1.5 years FT, 3 years PT
Study mode and locationOn-campus (Caulfield)
Contact details

Monash Graduate School of Business

Telephone: +61 3 9903 1400

Fax: +61 3 9903 1357


Course coordinator

Associate Professor Michael Dempsey


This course is designed for graduates seeking knowledge and skills in banking and finance. It aims to provide graduates with the skill set required to successfully operate as a professional in the banking and financial services sector.


The Master of Business (Banking and Finance) aims to produce graduates who will:

(a.) be critical and creative scholars who:

  • produce innovative solutions to problems
  • apply research skills to business challenges
  • communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

  • engage in an internationalised world
  • exhibit cross cultural competence
  • demonstrate ethical values

(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve

(d.) have knowledge to masters level in banking and finance.

Credit for prior studies

Students may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications.

Maximum credit allowed

36 credits points

Professional recognition

Upon successful completion of the course, graduates will satisfy the educational requirements for senior associate membership of the Financial Services Institute of Australasia and membership of The Finance and Treasury Association Limited at the Certified Finance and Treasury Professional (CFTP) level.


This course comprises six compulsory units and six electives.


(a.) Students must complete six compulsory units (36 points):

  • AFF9130 Financial planning
  • AFF9150 Options, futures and risk management
  • AFF9250 Financial management theory
  • AFF9260 Australian capital markets
  • AFF9350 Portfolio management and theory
  • GSB9001 Personal development - critical thinking and communication

(b.) students must complete a further six graduate-level units (36 points) offered by any department within the Faculty of Business and Economics.

Additional degree requirements:

  • students must study a minimum of four 5000-level units.

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

Progression to further studies

Students who successfully complete the Master of Business (Banking and Finance), with at least a credit average, may be eligible for admission to the Master of Applied Finance.

Alternative exit(s)

Students wishing to exit the Master of Business (Banking and Finance) early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:

  • Graduate Certificate in Business after successful completion of 24 points of study
  • Graduate Diploma in Business after successful completion of 48 points of study.


Master of Business (Banking and Finance)