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    Monash University, Clayton

    Master in Financial Mathematics

    Australia2 yearsTaught in EnglishOpen to international students

    Why students choose this program

    • Taught in English
    • Applications currently open

    About Master in Financial Mathematics

    The application deadline for Master in Financial Mathematics is Jan 1, 2027. Tuition fees for Master in Financial Mathematics are 51,500 AUD per year.

    The Master in Financial Mathematics at Monash University is a 2-year degree for graduates with a strong math background who want to work in finance. This program helps students develop skills to solve complex financial problems. It's a great choice for those who want to work in quantitative finance.

    The curriculum covers math and statistics, with a focus on finance and insurance. Students learn about derivatives pricing, risk management, and portfolio allocation. The program also includes hands-on components to help students apply theoretical knowledge to real-world problems.

    Graduates can pursue careers as quantitative analysts, risk managers, portfolio managers, or financial engineers. They can work in banks, investment firms, or insurance companies. With this degree, students can develop a strong foundation for a successful career in finance.

    About Monash University, Clayton

    Monash University Clayton is a modern, research intensive institution founded in 1958 and recognised for its global outlook and comprehensive academic offering. Located within a large Melbourne campus network, Monash provides undergraduate, postgraduate and research programs across ten faculties, supported by extensive facilities and a strong focus on impactful research.

    The campus combines cutting edge laboratories, industry partnerships and interdisciplinary programs that prepare students for complex global challenges, from health and climate to technology and public policy. With a large international student community and connections across the Indo-Pacific, Monash fosters collaboration, provides exchange and internship opportunities, and supports students with career services and research mentorship.

    Students at Monash benefit from a lively campus life, access to specialist centres and practical learning pathways that bridge theory and professional practice. The university's global footprint and diverse community make it a good fit for international students seeking a research driven education with strong industry links, personal support services and opportunities to engage in real world projects during their studies.

    Planning the visa? Australia student visa: cost, requirements and processing time (from $2,250 all-in)

    English Test Requirement

    This program asks forIELTS 5.5-6.0. Here's what that's worth on the other tests universities accept, based on the official concordance tables:

    Duolingo

    English Test · fastest & cheapest

    85–95

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    TOEFL iBT
    46–59
    PTE Academic
    42–49
    CEFR level
    B1/B2
    Convert your own score

    Equivalences are approximate — confirm the exact test and score the program accepts.

    Master in Financial Mathematics: Frequently Asked Questions

    What are the fees for Master in Financial Mathematics?
    Tuition: AUD 51,500 per year. Application fee: USD 105.
    What are the entry requirements for Master in Financial Mathematics?
    Entry requirements include: Education: Bachelor's Degree; Academic performance: Grade B-A (60-70%, GPA 2.5-3); English: IELTS 5.5-6.0; Minimum age: 18.
    How long is the Master in Financial Mathematics program?
    The program duration is 2 year.
    What is the application deadline?
    The application deadline is 2027-01-01.
    Is Master in Financial Mathematics available online?
    This is an on-campus program at Monash University, Clayton.

    Related Programs You Can Apply To

    Direct application via Global Admissions is not available for this program. Browse similar partner programs below or visit the university's site to apply directly.

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