Master of Banking and Finance

Postgraduate Entry Requirements:

Academic Qualifications: Applicants are generally required to hold a bachelor's degree or its equivalent from a recognized institution. The minimum academic achievement for postgraduate admission is typically 65% or above, as evaluated by the university.

English Language Proficiency:

• IELTS: An overall score of 6.5 or 7, with no individual band score lower than 6.0.
• TOEFL: An overall score of 100, with at least 12 in listening, 13 in reading, 21 in writing, and 18 in speaking.
• PTE: An overall score of 65, with a minimum of 46 in all communicative skills.

Students must provide:

• academic marksheets & transcripts
• letters of recommendation
• a personal statement - SOP
• passport
• other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.

Macquarie University is providing opportunities to support students with their educational journey through various scholarship programs. These scholarships are designed to help students achieve their academic goals and alleviate financial stress.

1. Vice-Chancellor's International Scholarship: This scholarship is offered to international students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers full tuition fees for the course duration and is awarded based on academic merit.
2. Macquarie University International Scholarship: This scholarship is available to international students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers a portion of the tuition fees, ranging from AUD 5,000 to AUD 10,000 per year, depending on the course and level of study.
3. Destination Australia Scholarship: This scholarship is offered to domestic and international students who are studying in regional Australia. The scholarship covers a portion of the tuition fees and provides a living allowance of AUD 15,000 per year.
4. Indigenous Scholarship Program: This scholarship program is designed to support Indigenous Australian students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers full tuition fees and provides additional support such as accommodation and living allowances.
5. Merit Scholarship: This scholarship is offered to students who have demonstrated outstanding academic performance in their previous studies. The scholarship covers a portion of the tuition fees and is available to both domestic and international students.
6. Women in Leadership Scholarship: This scholarship is designed to support female students who are pursuing a postgraduate degree in a leadership-related field. The scholarship covers full tuition fees and provides additional support such as mentoring and networking opportunities.

Graduates of the Master of Banking and Finance program at Macquarie University are well-equipped for a wide range of career opportunities in the financial sector. 

1. Investment Banking: Graduates can pursue roles in investment banking, where they work on mergers and acquisitions, capital raising, and financial advisory services for corporations and institutions.

2. Asset Management: Asset managers oversee investment portfolios, making investment decisions to achieve optimal returns for clients. This role involves in-depth analysis and portfolio management.

3. Risk Management: Risk managers assess and mitigate financial risks for organizations, ensuring they are well-prepared to handle market fluctuations and economic uncertainties.

4. Financial Analyst: Financial analysts evaluate financial data, market trends, and investment opportunities, providing insights to support investment decisions.

5. Corporate Finance: Graduates can work in corporate finance departments, helping companies make financial decisions, manage budgets, and optimize their financial strategies.

6. Fintech and Innovation: The growing field of fintech offers opportunities for graduates to work in technology-driven financial services companies, contributing to innovations in payment systems, blockchain, and digital banking.

7. Regulatory and Compliance: Regulatory bodies and financial institutions require experts to ensure compliance with banking regulations and standards, creating a demand for compliance officers and risk analysts.

8. Consulting: Finance consultants provide advisory services to businesses and organizations, assisting with financial strategies, valuation, and financial planning.

9. Academia and Research: Some graduates choose to pursue further academic studies or research roles, contributing to the advancement of financial knowledge.