B6004 Master of Banking and Finance

The course is structured in three parts. Part A. Advanced preparatory, Part B. Mastery knowledge and Part C. Application studies. 

Part A. Advanced preparatory

These studies will introduce you to core commerce disciplines and the impact they have within organisations. The units cover various disciplines and further your understanding of complex business environments.

Part B. Mastery knowledge

These units will provide you with a comprehensive study of banking and finance disciplines and the impact they have on decision-making in banks and institutions.

Part C. Application studies

The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development. You will be able to demonstrate your banking and finance knowledge and be able to apply these skills in banks and business enterprises.

Master's entry points

Depending on prior qualifications you may receive entry level credit (a form of block credit) which determines your point of entry to the course:

• If you are admitted at entry level 1 you complete 96 credit points, comprising Part A, Part B and Part C.
• If you are admitted at entry level 2 you complete 72 credit points, comprising Part B and Part C.
• If you are admitted at entry level 3 you complete 48 credit points, comprising Part B.

Note: Students eligible for credit for prior studies may elect not to receive the credit and complete one of the higher credit-point options.

Course progression map

The course progression map provides guidance on unit enrolment for each semester of study.

The course comprises 96 credit points structured into three parts: Part A. Advanced preparatory (24 credit points), Part B. Mastery knowledge (48 credit points) and Part C. Application studies (24 credit points).

Part A: Advanced preparatory (24 credit points)

You must complete:

a. Four units (24 credit points):

• ACX5903 Accounting for business
• BFF5925 Financial management theory
• ECX5953 Economics
• ETX5900 Business statistics

Part B: Mastery knowledge (48 credit points)

You must complete eight units (48 credit points) from the following:

• BFF5130 Case studies in banking and finance
• BFF5280 Institutional asset and liability management
• BFF5914 Bank lending
• BFF5915 Options, futures and risk management 
• BFF5916 International banking
• BFF5926 Financial institutions and markets
• BFF5935 Portfolio management and theory
• BFF5936 Financial modelling / BFX5260 Treasury and financial markets*

Note: Only one of these units can be included in your 48 credit points.

Part C: Application studies (24 credit points)

You complete four units (24 credit points) at either level 4 or 5. Elective units may be chosen from the Faculty of Business and Economics or across the University as long as you have the prerequisite and there are no restrictions on enrolment in the units.

You can enrich your degree by honing your academic and professional skills through the Monash Innovation Guarantee (MIG). The MIG is your unique opportunity to collaborate with renowned industry leaders and design innovative solutions that result in real social change. MIG will give you the leadership skills you will need to adapt and thrive in a rapidly changing world and is your chance to make connections before you graduate. The MIG unit may be credited in place of a free elective as a 6 credit point unit option. For information on eligibility please see FREE.

You are recommended to complete electives from the following list as long as the prerequisites are met and there are no other restrictions on enrolment:

• ACF5130 Financial statement analysis and business valuation
• ACF5950 Introduction to financial accounting
• ACF5955 Management accounting
• BEX5200 Climate change and carbon management strategies
• BFF5270 Funds management
• BFF5580 Mergers and acquisitions
• BFF5902 Introduction to risk management
• BFX5260 Treasury and financial markets
• BFX5860 International study program in banking and finance
• BTX5914 Scandal: Risk, ethics and consequences in finance law
• BTF5111 Technology: Risk and regulation in the digital age
• BTF5112 Banking and finance regulation
• BTF5910 Corporate sustainability regulation 
• ETF5500 High dimensional data analysis
• ETF5922 Data visualisation and analytics
• ETF5930 Financial Econometrics
• ETF5952 Quantitative methods for risk analysis
• FIT9136 Introduction to Python programming
• MGF5020 Business ethics in a global environment