About the course

The Monash Master of Financial Mathematics is a mathematics course designed for application in a business context. It is designed for graduates from across the globe with an aptitude and passion for mathematics and statistics, as well as a keen interest in finance and insurance. This is not a course for generalists, this is a highly specialised degree for students seeking a future in the world of professional quantitative finance.

　　You will be taught by mathematicians who are leading researchers in areas such as probability, stochastic processes and statistics, computational mathematics and machine learning, and with connections across the financial and insurance industries. You will have access to the state-of-the-art teaching facilities, including a Bloomberg data terminal lab. Industry projects and placements, being a core component of the degree, will provide you with an opportunity to gain valuable workplace experience and kickstart your career. Scholarships - View all scholarships Internships

　　

Start dates and prices

Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.

　　Duration: 2 Year(s)Fees: Not available

Intake	Location
Semester 1 (February), 2024	Clayton
Semester 2 (July), 2024	Clayton
Semester 1 (February), 2025	Clayton
Semester 2 (July), 2025	Clayton
Semester 1 (February), 2026	Clayton
Semester 2 (July), 2026	Clayton

　　

How to apply

Entry requirements for Monash University

Entry level 1: Duration: 2 years full-time, 4 years part-time (96 points to complete) - An undergraduate degree (equivalent to an Australian undergraduate degree) with a strong mathematical content* with at least a 65% average or qualification/experience that the faculty considers to be equivalent or a satisfactory substitute for the above.

　　Entry level 2: Duration: 1.5 years full-time, 3 years part-time (72 points to complete) - An undergraduate degree (equivalent to an Australian undergraduate degree) in mathematics with at least a 65% average or qualification/experience or satisfactory substitute that the faculty considers to be equivalent. or An Australian graduate certificate/diploma (or equivalent) with a strong mathematical content* with at least a 65% average or qualification/experience that the faculty considers to be equivalent or a satisfactory substitute for the above.

　　Entry level 3 Duration: 1 years full-time, 2 years part-time (48 points to complete) - A four-year Australian honours degree (or equivalent) in mathematics with at least 65% average or qualification/experience or a satisfactory substitute that the faculty considers to be equivalent.

　　IELTS: 6.5 overall (no band lower than 6.0). TOEFL Paper-based test: 550 with a TWE of 4.5. TOEFL Internet-based test: score of 79 overall with minimum scores: Writing: 21, Listening: 12, Reading: 13 and Speaking: 18.

　　

English language requirements

　　6.5

　　Overall IELTS band score

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　　About IELTS

　　Practice and prepare

　　TOEFL Internet based overall score: 79.0

　　

Application deadline:

This date isn’t available – speak to an IDP counsellor to get detailed information.

　　

Further information

Career outcomesIf you aren’t eligible for the above entry requirements, you might want to explore pathway options at Monash University. If you want to find out more, please speak to our counsellors.

　　Pathway options to study at this institution

　　

Reviews and rankings

World ranking

　　54th / 1250

　　THE World ranking

　　

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