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Master of Applied Econometrics and Master of Advanced Finance

Masters.
Monash University

58

in world overall ranking*

6

in local overall ranking*
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About the course

Are you a business professional that enjoys working with big data, while keen on gaining an advanced understanding of global money markets? This double master's degree provides those seeking a career in data analysis and forecasting with advanced knowledge and skills to better understand financial principals that underpin strategic business decisions. The programme strengthens financial analysis, governance, audit, and investment decision-making for professional finance careers.

Career outcome

Graduates can pursue roles that combine quantitative analysis with financial decision-making, including econometrician, financial analyst, risk or portfolio analyst, forecasting/market research specialist, or data analyst in finance. Careers span investment banking, asset management, fintech, consulting, central banks and government agencies, where advanced modelling supports strategy, valuation and policy evaluation. This is a Masters coursework qualification in economics and finance. Preparing graduates for accounting, audit, financial analysis, and corporate finance leadership roles.


Living Costs in Melbourne**


living costs restaurant icon
Restaurant
(Meal, Inexpensive Restaurant)
A$ 15 - 20
living costs house icon
Rent per Month
(1 bedroom in City Centre)
A$ 1,583 - 2,094
living costs house icon
Rent per Month
(1 bedroom Outside of Centre)
A$ 1,207 - 1,596
living costs transportation icon
Transportation
(Daily)
A$ 7 - 9
living costs utilities icon
Utilities per Month
(Electricity, Mobile & Internet)
A$ 240 - 318

Average Salary***


Salary Chart
*Source: QS World University Subjects Rankings (2026)
**Source: numbeo.com
***Source: PayScale.com (2026)

Costs

tick icon International:

A$59,900 per year

Contact us for more details

Information

tick icon Duration

2 years

tick icon Upcoming Intakes

February, July

campus icon Campuses

Caulfield

tick icon Course Code

B6043

hotline icon Hotline

+61 3 9663 5333

email icon Email

australia@augstudy.com

Scholarships

tick iconINFORMATION TECHNOLOGY INDUSTRY-BASED LEARNING PLACEMENT SCHOLARSHIPS

A$18,000

tick iconPHARMACY INTERNATIONAL UNDERGRADUATE MERIT SCHOLARSHIP

Up to A$100,000

tick iconMONASH INTERNATIONAL SCHOLARSHIP FOR EXCELLENCE

Up to A$40,000

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