Master of Banking and Finance and Master of Commerce

Macquarie University

Australia, Sydney

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133

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Home/Australia/Sydney /Macquarie University/Master of Banking and Finance and Master of Commerce

Macquarie University

Australia , Sydney

Key Facts

Program Level

Master by Course Work

Study Type

Full Time

Delivery

On Campus

Course Code

099514M

Campuses

North Ryde

Program Language

English

Start & Deadlines

Next Intake Deadlines23-Feb-2026

Apply to this program

Go to the official application for the university

Duration 2 year(s)

Tuition Fee

AUD 46,900 / year

Next Intake 23-Feb-2026

Master of Banking and Finance and Master of Commerce

About

The highly practical Master of Banking and Finance is designed to meet employer needs and will develop your theoretical knowledge alongside your practical capabilities. You’ll develop your knowledge and skills in the core areas of financial principles, analysis and modelling, econometrics and statistics. And you’ll have the opportunity to undertake electives in areas such as fintech, environmental finance, capital markets and business valuation.

The practical and flexible Master of Commerce builds on the knowledge and skills you’ve acquired through professional experience or undergraduate studies in commerce and business. It will provide you with a comprehensive understanding of all business functions alongside a set of well-regarded practical and transferable skills, including sustainable and ethical thinking, communication, problem solving, strategic thinking and teamwork. You’ll have the opportunity to develop new areas of expertise or advance your knowledge by completing one or two specialisations in key areas of demand.

Requirements

Entry Requirements

Entry requirements

I'm an

looking to start my course in

2026
2025

Simple steps to entry at Macquarie

Meet the academic requirements

Meet the minimum English language requirements

Table Description

Entry requirements

Complete this degree in:

Course 1 requirements

Course 2 requirements

Full time: 2 years

Master of Banking and Finance

AQF level 7 bachelor's qualification in a related field or recognised equivalent

AQF level 7 bachelor's qualification or recognised equivalent and minimum of two years (full-time equivalent) of relevant approved work experience, professional certification or other recognised prior learning

Master of Commerce

AQF level 7 bachelor qualification in a related field or recognised equivalent, or
AQF level 7 bachelor qualification or recognised equivalent, and two years relevant approved work experience, professional certification or other recognised prior learning

Note: successful admission into the double degree means that you must satisfy the requirements for both of the single degrees. Admissions requirements are true at the time of publishing.

Do you meet some, but not all of the requirements?

Depending on your prior qualifications, work experience or other recognised prior learning, you may qualify for entry to this degree at the admission point below.

Each admission point requires the completion of some or all of the degree’s zones, which will affect the overall duration of the degree.

Master of Banking and Finance

Related fields of study

Accounting, Actuarial Studies, Banking, Economics, Finance, Insurance, Valuation

Relevant experience

Professional work experience includes roles requiring technical or specialist expertise or managerial / decision making functions with broad knowledge or skills in key concepts or principles in finance, banking, actuarial studies, accounting or economics.

Master of Commerce

Related fields of study

Accounting, Actuarial Studies, Banking, Business, Commerce, Economics, Finance, Insurance, International Business, Management, Marketing, Public and Health Care Administration, Supply Chain, Valuation

Relevant experience

Two years relevant work experience working in a business including experience in the financial and/or administrative aspects of a business or businesses.

*'Bachelor’s qualification' relates to an AQF level 7 bachelor's qualification or recognised equivalent.

Guide to University terminology

Use our handy guide to better understand common study terms.

View our guide

Recognition of prior learning

With recognition of prior learning (RPL), you could get credit for your prior study and experience, reducing the duration of your studies. Credit is awarded for formal and informal or non-formal learning. You’ll need to apply for RPL once you receive your offer to study at Macquarie.

Find out more

Your prior learning may consist of:

Formal learning
Informal and non-formal learning

English language requirements

All Macquarie University applicants are required to provide evidence of English language proficiency. The standard of English required for entry is based on the IELTS Academic test. Other accepted evidence of English proficiency, including minimum scores on other English tests and qualifications, can be checked using the conversion tool.

The required standard of English for this degree is:

The required standard of English

IELTS band

Minimum score required

Overall

6.5

Reading

Writing

Listening

Speaking

You may also satisfy the English language requirements by:

passing an approved English language test at the required level
holding a qualification from an approved country with English as the language of instruction
completing an approved high school qualification or foundation program with study in English
completing an approved English for Academic Purposes (EAP) program.

What if I don't meet the requirements?

If you don’t meet the English requirements for your course, you may be issued an offer of study that includes an English preparation program at the Macquarie University English Language Centre (ELC). If you receive a packaged offer, you can apply for a single student visa covering both your English preparation program and your course.

The length of your English program will depend on your current English level and the minimum English requirements for your course. Our admissions team will be able to recommend the number of weeks required when you submit your application.

What English language tests are approved?

We accept the IELTS Academic, TOEFL iBT (internet-based), Pearson Test of English (PTE) Academic, Cambridge English Qualifications (C1 Advanced or C2 Proficiency), and the Occupational English Test (OET).

Additional information and requirements

Master of Banking and Finance

Assumed knowledge

None.

Recommended studies

None.

Master of Commerce

Assumed knowledge

None.

Recommended studies

None.

Inherent requirements

To be eligible to graduate from your course, you must satisfy the inherent requirements – essential activities, capacities and academic requisites – of that course.

View inherent requirements

Career

Career outcomes

I'm an

looking to start my course in

2026
2025

Take the next step in your career

Double degrees multiply your employment prospects and career flexibility. Undertaking two degrees enables you to explore two fields – or multiple interests in the same field – and tailor your career to your interests.

Professions

Auditor
Brand manager
Business consultant
Corporate finance manager
Credit risk analyst
Economist
Employee relations manager
Finance manager
Financial adviser or analyst
Fund manager

Investment adviser
Management consultant
Mortgage broker
Operations manager
Product manager
Recruitment manager
Risk management specialist
Stockbroker
Superannuation adviser or analyst

Employers

Banks and financial institutions
Business analysis firms
Human resource consultancies
Management consulting firms
Market research firms
Marketing and public relations firms
Multinational corporations
Private and public-sector organisations
Stockbroking and investment companies
Superannuation and insurance firms

Wealth management and financial advising firms

Career information

Job Outlook – an Australian Government initiative – makes it easy to find career information, including the outlook, pay, main tasks, and physical and other demands of careers that interest you.

Explore careers on Job Outlook