Master of Banking and Finance (Dual Degree with East China Normal University) (CRICOS course code 090880F) is a Masters Degree (Coursework) delivered by Macquarie University (Macquarie) over 1 year. This unique program, offered in partnership with East China Normal University, combines Australian and Chinese perspectives on banking and finance, preparing graduates for global careers in financial services, investment, and corporate finance. As a CRICOS-registered course (provider CRICOS 00002J), it meets Australian Government standards for international education, ensuring you receive a high-quality qualification. Macquarie University, a government-funded institution, is located in Sydney's North Ryde technology corridor, providing access to leading financial institutions. With over 1,500 CRICOS-registered providers offering more than 26,000 courses across Australia, HeadStart Academy helps you navigate your options using official data from the CRICOS register (April 2026). Whether you are seeking a dual degree to enhance your employability or aiming to specialise in banking and finance, this course offers a solid foundation. Read on for details on fees, entry requirements, and how to apply.
Master of Banking and Finance (Dual Degree with East China Normal University) (CRICOS course code 090880F) is a Masters Degree (Coursework) at AQF Level 9, delivered by Macquarie University (Macquarie) over 1 year (52 weeks). This course falls under the field of education 081101 - Banking and Finance, within the broader Management and Commerce grouping. The dual degree structure means you will study at both Macquarie University and East China Normal University, receiving two qualifications upon completion. This international exposure is ideal for students aiming to work in cross-border financial markets. Macquarie University is a leading Australian university known for its strong industry connections and research in finance. As a CRICOS-registered provider (00002J), Macquarie adheres to the ESOS Act, protecting your rights as an international student. All course data is sourced from the official CRICOS register as at April 2026, ensuring accuracy. This page provides indicative information only; always verify with the institution.
As a Masters student in Banking and Finance, you will develop advanced knowledge in financial markets, banking operations, investment analysis, risk management, and corporate finance. The curriculum typically covers topics such as financial modelling, international banking, and financial regulations. Given the dual degree nature, you will also gain exposure to Chinese financial systems and international business practices. Graduates are prepared for roles in banking, investment firms, multinational corporations, and government financial agencies. The course is taught in English, and you will learn through lectures, seminars, case studies, and possibly a research project. Macquarie University's location in Sydney's financial hub offers opportunities for networking and real-world exposure. While specific syllabus details are set by the university, this general guidance reflects common learning outcomes for this field of education at AQF Level 9. For exact subjects, consult Macquarie University's official course page.
The course duration is 1 year (52 weeks) as recorded on the CRICOS register. Full-time study is typical, with English as the language of instruction. As a dual qualification program, you will undertake part of your studies at Macquarie University and part at East China Normal University, potentially including study abroad in Shanghai. This structure allows you to earn both a Master of Banking and Finance from Macquarie and a corresponding degree from the Chinese partner. The dual degree enhances your global employability and cultural understanding. Macquarie University offers campus-based learning at its Wallumattagal Campus in North Ryde. International students should note that the duration meets visa requirements for the Student visa (Subclass 500). Always check with the university for any variations in study mode or part-time options.
The indicative tuition fee for this course is A$26,100 per year, with non-tuition fees of A$351, bringing the estimated total to A$26,451. Please note: these fees are sourced from the CRICOS register as of April 2026 and are subject to change. Additional costs include Overseas Student Health Cover (OSHC), living expenses, and the visa application charge. For 2026, the Australian Government recommends a living cost of A$21,041 per year for a single student. OSHC costs around A$500–700 per year. Always confirm current fees directly with Macquarie University via their website (www.mq.edu.au). HeadStart Academy provides indicative data only; fees are set by institutions and may be revised.
Entry into this Masters program typically requires a recognised bachelor's degree in a related field (e.g., finance, economics, or business) with a strong academic record. English language proficiency is essential; the indicative requirement is IELTS 6.5 overall (with no band below 6.0) or equivalent. Some pathways may be available through foundation or graduate certificate programs – check with Macquarie University for specifics. Work experience may also be considered. As this is a dual degree, there may be additional requirements from East China Normal University. Always refer to the provider's official entry criteria. Meeting minimum requirements does not guarantee admission.
This course does not include a mandatory work component. However, as an international student on a Student visa (Subclass 500), you are permitted to work up to 48 hours per fortnight during term time and unlimited hours during scheduled breaks. This can provide valuable industry experience and supplement your finances. Macquarie University's Careers Service can help you find internships and part-time work. Note that work rights are subject to visa conditions, and you must not compromise your study commitments.
This course is delivered at Macquarie University's Wallumattagal Campus at North Ryde, in Sydney, New South Wales. The campus is well-connected by public transport, including buses and the North Ryde Metro station. Sydney is Australia's largest city, home to over 5 million people and a vibrant international student community. The city offers a diverse cultural scene, excellent dining, and proximity to iconic beaches and national parks. Living costs in Sydney are higher than other Australian cities; indicative weekly rent for a one-bedroom apartment is A$400–550, groceries A$80–150, and public transport A$30–50. With over 10 CRICOS-registered universities and numerous colleges, Sydney provides ample educational options. Macquarie is located in the Macquarie Park business district, a hub for finance and technology firms, enhancing networking opportunities.
International students require a Student visa (Subclass 500) to study this course. To apply, you must have a Confirmation of Enrolment (CoE) from Macquarie University. Visa conditions include maintaining enrolment, satisfactory course progress, and valid Overseas Student Health Cover (OSHC). You must also meet the Genuine Temporary Entrant (GTE) requirement, demonstrating genuine intent to study and return home. Work rights allow 48 hours per fortnight during terms and unlimited hours during breaks. Financial capacity must be shown for tuition, living costs, and travel. The Department of Home Affairs sets visa conditions; we recommend consulting a registered migration agent for personalised advice.
Follow these three steps to apply for Master of Banking and Finance (Dual Degree with East China Normal University) at Macquarie University: 1. Research CRICOS-registered providers: Use HeadStart Academy to filter by course level, field, and city. Compare courses and check CRICOS registration. 2. Apply directly to your chosen institution: Prepare your application including academic transcripts, English test results, and any other required documents. Check Macquarie University's application deadlines and entry requirements. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500): Once accepted, you'll receive a CoE. Use this to apply for your visa online via the Department of Home Affairs. Remember to arrange OSHC and show financial capacity.
Sydney offers world-class education, a multicultural environment, and strong job opportunities in finance and banking. However, it is also one of the most expensive cities in Australia. Consider your budget, lifestyle preferences, and career goals. Macquarie University's campus is in a suburban area with excellent facilities and research centres. Sydney's climate is temperate, with mild winters and warm summers. Public transport is extensive but can be costly. If you prefer a smaller city or lower cost of living, explore other states like Victoria or Queensland. HeadStart Academy provides information on various locations to help you decide.
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Master of Banking and Finance (Dual Degree with East China Normal University) 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.