Monash University, Clayton

Master in Financial Mathematics

Australia Taught in English Open to international students

Introduction

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.

About the Program

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.

Tuition in Context

This program's tuition is about the same as the typical master's in Australia.

Median tuition for that cohort is 30,005 USD, across 1,150 programs in our catalog.

Compare Australia master's programs

English Test Requirement

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

TOEFL iBT
46–59
PTE Academic
42–49
Duolingo
85–95
CEFR level
B1/B2
Convert your own score

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

Similar 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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