Master of Banking and Finance (CRICOS course code 087880K) is a Masters Degree (Coursework) delivered by Macquarie University (Macquarie) over 2 years. This program is designed for students seeking advanced knowledge in banking, finance, and related fields, preparing them for leadership roles in the financial sector. As a CRICOS-registered course (provider 00002J), it meets Australian Government standards for international students. Located at Macquarie University's Wallumattagal Campus in North Ryde, Sydney, students benefit from a vibrant learning environment in one of Australia's largest financial hubs. With over 1,556 CRICOS-registered providers offering more than 26,000 courses, HeadStart Academy helps you navigate your study options. This course is ideal for those aiming to work in banking, investment, or financial analysis in Australia or globally.
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This course falls under the field of Banking, Finance and Related Fields (0811). At AQF Level 9 (Masters Degree (Coursework)), students typically develop advanced theoretical and practical knowledge in financial markets, banking operations, risk management, and investment strategies. Graduates are equipped to analyse complex financial problems, make informed decisions, and lead teams in dynamic financial environments. The curriculum is designed to meet industry demands, with a focus on both Australian and international financial systems. While specific subjects are set by Macquarie University, students can expect to engage with contemporary issues in banking and finance, preparing them for careers in corporate banking, financial consulting, or regulatory bodies.
The Master of Banking and Finance is a 2-year full-time program, recorded as 104 weeks on the CRICOS register. The language of instruction is English. This is a single qualification with no dual or foundation study options. Students are expected to attend classes on campus at Macquarie University's Wallumattagal Campus. There is no work component included in this course, but students may have the opportunity to undertake internships or part-time work subject to visa conditions. The program is designed for international students who wish to gain a comprehensive understanding of the banking and finance sector in Australia.
The indicative tuition fee for the Master of Banking and Finance is A$95,700 for the total program. Non-tuition fees are estimated at A$746, bringing the estimated total to A$96,446. Please note that these fees are sourced from the CRICOS register as at April 2026 and are subject to change. Additional costs not included are Overseas Student Health Cover (OSHC), living expenses, and the student visa application charge. For the most current fee information, always visit Macquarie University's official website at www.mq.edu.au. HeadStart Academy is a free resource and does not charge any referral fees.
International students typically require an IELTS overall score of 6.5 to 7.0 (or equivalent English language test) for admission to this masters program. Applicants are expected to hold a prior qualification at bachelor degree level or equivalent, preferably in a related field such as business, finance, or economics. Specific prerequisites and academic requirements are set by Macquarie University and may vary. Some students may be eligible for pathway or foundation programs if they do not meet direct entry requirements. Always refer to the provider's official website for detailed admission criteria and application deadlines.
This course does not include a mandatory work component. However, international students on a Student Visa (Subclass 500) are permitted to work up to 48 hours per fortnight during term time and unlimited hours during scheduled breaks, subject to visa conditions. This allows students to gain valuable work experience in Sydney's financial sector while studying. It is important to adhere to visa work limitations and ensure that employment does not interfere with academic progress.
The Master of Banking and Finance is delivered at Macquarie University's Wallumattagal Campus at North Ryde, New South Wales. This campus is located in Sydney's vibrant North Shore, approximately 15 km from the city centre. Sydney is home to over 50 CRICOS-registered providers and a large international student population. The campus is easily accessible by public transport, with trains and buses connecting to the Sydney CBD and surrounding suburbs. Living costs in Sydney are higher than the national average; indicative weekly rent for a one-bedroom apartment is around A$500, with groceries and transport adding approximately A$200 per week. These costs are a guide only and should be considered when planning your study budget.
International students enrolled in this course will need a Student Visa (Subclass 500) to study in Australia. This visa requires you to maintain Overseas Student Health Cover (OSHC) for the duration of your stay, demonstrate genuine temporary entrant (GTE) intent, and show sufficient financial capacity to cover tuition, living costs, and travel. As a CRICOS-registered course, Macquarie University is authorised to enrol international students and issue Confirmation of Enrolment (CoE). Visa holders can work up to 48 hours per fortnight during study periods. For personalised visa advice, consult a registered migration agent (MARA) or visit the Department of Home Affairs website.
Applying for the Master of Banking and Finance at Macquarie University is a straightforward process. Follow these three steps: 1. Research CRICOS-registered providers: Use HeadStart Academy to filter courses by level (Masters by Coursework), field (Banking and Finance), and location (Sydney). Compare providers and read course details. 2. Apply directly to your chosen institution: Visit Macquarie University's website, review entry requirements (including English language tests), and submit your application before the deadline. You may need to provide transcripts, a statement of purpose, and references. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500): Once accepted, Macquarie University will issue a CoE. With this document, you can lodge a student visa application online, pay the visa fee, and arrange OSHC and travel. Remember that visa outcomes are at the discretion of the Department of Home Affairs.
Sydney is Australia's financial capital, home to the Australian Securities Exchange (ASX) and major banks. Studying banking and finance here offers unparalleled networking opportunities and access to industry internships. With over 50 CRICOS-registered providers in Sydney, you have a wide range of choices. The city's international student community is vibrant, with dedicated support services and multicultural experiences. However, living costs are high – budget for rent, food, and transport. Sydney's public transport system (trains, buses, ferries) connects all campuses. Consider your lifestyle preferences: do you prefer a bustling city or a quieter suburban campus? Macquarie University's North Ryde campus offers a green, modern environment with easy access to the city. Weigh these factors to decide if Sydney aligns with your study goals.
Ready to start your journey? Follow our 3-step guide above to apply for the Master of Banking and Finance at Macquarie University.
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Master of Banking and Finance is a CRICOS-registered programme at Macquarie University (Macquarie). Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.