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Master of Banking and Finance Law

Masters.
The University of Melbourne

37

in world overall ranking*

1

in local overall ranking*
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About the course

The Master of Banking and Finance Law is designed to develop a sophisticated understanding of the legal and regulatory framework governing the Australian and international financial sector. The course suits both law and non-law graduates and offers a flexible structure suitable for working professionals. Students can select from subjects spanning banking, funds management, finance transactions, superannuation, financial services and capital markets as part of the Melbourne Law Masters program.

What you might learn

Students will build advanced knowledge of banking and finance law and how regulation shapes financial markets and institutions in Australia and internationally. The course develops capability to interpret and apply legal frameworks to complex financial products, transactions and services across capital markets and financial services. It also supports professionals to deepen specialist expertise through elective subject choice aligned to their practice interests.

Career outcome

Graduates may pursue or advance careers in financial services and regulatory practice, including roles advising on banking regulation, financial services compliance, and capital markets transactions. The qualification can support careers in law firms, banks, funds management and superannuation organisations, consultancies, and government or regulatory agencies. It is also relevant for in-house legal and risk professionals working on financial products, governance and regulatory change.

Entry requirements

IELTS 7.0: with no band less than 6.5


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$60,992 per year

tick icon Local:

A$49,984 per year

Contact us for more details

Information

tick icon Duration

1 years

tick icon Upcoming Intakes

March, June, July, August, December

campus icon Campuses

Parkville

tick icon Course Code

526AA

hotline icon Hotline

+61 3 9663 5333

email icon Email

australia@augstudy.com

Scholarships

tick iconMELBOURNE INTERNATIONAL UNDERGRADUATE SCHOLARSHIP

Up to A$56,000

tick iconMELBOURNE GRADUATE SCHOLARSHIP

Up to 100% of tuition fees

tick iconINTERNATIONAL GRADUATE MERIT SCHOLARSHIPS

Up to 50% of tuition fees

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