Master of Applied Econometrics and Master of Advanced Finance

Postgraduate Entry Requirements:

Academic Qualifications: To be eligible for postgraduate programs, international students should hold a bachelor's degree or equivalent qualification from a recognized institution. Minimum 65% in your previous academic qualifications.

English Language Proficiency:

• IELTS: Overall 6.5 or 7.0, depending on the program, with no band less than 6.0.
• TOEFL: Overall 79, with minimum subsection scores of Listening 12, Reading 13, Writing 21, and Speaking 18.
• PTE: Overall 58, with a minimum of 50 in each section.

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.

Monash University offers a range of scholarships to both domestic and international students to help cover the cost of tuition fees, living expenses, and other study-related costs. These scholarships are awarded based on academic excellence, financial need, leadership potential, and other criteria.

1. Monash International Merit Scholarship: This scholarship is offered to international students who have demonstrated academic excellence in their previous studies. The scholarship provides up to $10,000 per annum for the duration of the student's course.
2. Monash Graduate Scholarship: This scholarship is available to high-achieving domestic and international students who are undertaking a graduate research degree at Monash University. The scholarship provides a living allowance of $29,500 per annum, as well as a range of other benefits.
3. Monash Asylum Seekers Scholarship: This scholarship is designed to provide financial assistance to asylum seekers who are undertaking undergraduate or postgraduate study at Monash University. The scholarship covers the cost of tuition fees, as well as a range of other study-related expenses.
4. Monash Equity Scholarship: This scholarship is offered to students who have experienced financial hardship or other forms of disadvantage that have impacted their ability to succeed academically. The scholarship provides up to $6,000 per annum to assist with living expenses and other costs.
5. Monash Indigenous Scholarship: This scholarship is available to Indigenous students who are undertaking undergraduate or postgraduate study at Monash University. The scholarship provides a range of benefits, including financial assistance, mentoring, and academic support.

Graduates of the Master of Applied Econometrics and Master of Advanced Finance program at Monash University are exceptionally well-prepared for a multitude of high-level career opportunities in the financial industry and beyond. This unique dual program equips students with a solid foundation in econometrics and advanced finance, making them sought-after professionals. 

1. Financial Analyst: Graduates can work as financial analysts, providing insights and recommendations for investment decisions in the corporate world or for individual clients. They analyze financial data and market trends to guide investment strategies.

2. Quantitative Analyst (Quant): Quantitative analysts, or quants, develop complex mathematical models to inform financial and risk management decisions. They are in high demand in the financial industry, especially in hedge funds and investment banks.

3. Econometrician: With a strong foundation in econometrics, graduates can become econometricians, working in research and policy analysis for organizations, government agencies, or research institutions.

4. Risk Analyst: Graduates can specialize in risk analysis, assessing and managing financial risks for financial institutions, investment firms, and corporations. They ensure compliance with regulatory standards.

5. Portfolio Manager: Some graduates may aspire to become portfolio managers, responsible for managing investment portfolios and making strategic decisions to maximize returns for clients or organizations.

6. Data Scientist: The program equips graduates with strong data analysis skills, making them well-suited for data science roles in various industries, including finance, technology, and healthcare.

7. Financial Consultant: Graduates can become financial consultants, offering expertise in financial planning, risk management, and investment strategies to individuals and businesses.

8. Corporate Finance Specialist: Those interested in finance can work as corporate finance specialists, managing financial planning, capital structure, and investment decisions for corporations.

9. Banking and Financial Services: Graduates can explore opportunities in banking, including roles in retail banking, commercial banking, investment banking, and financial services.

10. Regulatory and Compliance Roles: The program prepares graduates for roles in regulatory bodies and compliance management, ensuring financial institutions adhere to industry regulations and standards.

11. Asset Management: Graduates can work in asset management firms, managing investments and assets for clients, such as pension funds and institutional investors.

12. Ph.D. and Academia: For those interested in research and academia, the program provides a strong foundation for pursuing Ph.D. studies and becoming professors or researchers in the field of finance and econometrics.

13. Entrepreneurship: Some graduates may choose to start their businesses, leveraging their financial expertise to launch financial technology (fintech) startups or consultancy firms.

14. Global Opportunities: With a Master of Applied Econometrics and Master of Advanced Finance degree from Monash University, graduates are well-prepared for international opportunities in the global finance industry. They can work on global investment strategies, risk management, and financial analysis in various countries.