- How long it takes
- 18 to 24 months
- full time
- Level
- Masters degree (coursework)
- University
- Leads on to
- Financial Analyst
- $109,200 (estimate) median pay
- Taught by
- 8 providers
- 5 states and territories
Is this course right for you?
What the Master of Applied Finance asks of you, and what you might want to check first.
Before you start
Each provider sets its own entry requirements, so check the ones you are considering.
Where this course can take you
Jobs this qualification is a recognised route into, and the study that can follow it.
Jobs you can do with it
Financial Analyst
Financial analysts build the forecasts and models a business uses to decide where its money goes.
What else you need
Complete the core finance and modelling subjects. Employers assess analytical skills, and professional designations have further requirements this route does not confer.
Median pay$109,200 (estimate)
Investment Analyst
Investment analysts research shares, bonds and funds to work out what they are worth, then build the case that guides where a fund or a client's money goes.
What else you need
Complete the investment and valuation subjects. Employers often value further professional designations and experience; this route does not confer them.
Median pay$111,800 (estimate)
Fund Manager
Fund managers invest pooled money from clients into shares, bonds and other assets, deciding what a fund buys and sells to meet its stated return and risk targets.
A step towards this job. What else you need
Median pay$148,200 (estimate)
Pay is the median for everyone in the job, and “In demand” means the job is on the national shortage list. Pay marked as an estimate is our own analysis, not a published figure.
Where you can study this course
There are 8 places you can study this course. When you compare them, check they teach it the way you want to study, how far you'd be from a campus, what it will cost you and what past students say about the teaching and support. They're listed by how often people search for them, and none of them pays to be here or to move up.
- Website for Monash University (opens in a new tab)
Monash University
Monash Caulfield, VIC
4.3from 1,955 Google reviews
What students like
- Staff are supportive and resolve issues quickly
What to weigh up
- Admin replies can be slow
- Feedback from teaching staff can be limited
- Website for Western Sydney University (opens in a new tab)
Western Sydney University
Western Sydney University - Parramatta, Western Sydney University - Parramatta City, NSW
4.2from 1,872 Google reviews
What students like
- Staff are friendly and supportive
- Good academic experience and learning
What to weigh up
- Admin can be slow to respond
- Website for Macquarie University (opens in a new tab)
Macquarie University
Macquarie University Sydney City Campus (Angel Place), Macquarie University Wallumattagal Campus at North Ryde, NSW
4.4from 1,202 Google reviews
What students like
- Lecturers care and help students understand
What to weigh up
- Enrolment and admin can be slow
- Student support can be hard to reach
- Website for University of Wollongong (opens in a new tab)
University of Wollongong
50 Scott Street Liverpool, UOW Sydney CBD, UOW Wollongong, NSW
4.3from 747 Google reviews
What to weigh up
- Enrolment and admin can be slow
- Course and assessment changes can disrupt study
Adelaide University
Adelaide University, Adelaide City, SA
4.5from 1,262 Google reviews
What students like
- Lecturers and staff are helpful and professional
What to weigh up
- Enrolment and admin can be slow
- Website for The University of Newcastle (opens in a new tab)
The University of Newcastle
The University of Newcastle (Newcastle City), NSW
4.2from 494 Google reviews
What students like
- Friendly and supportive staff and students
- Welcoming and diverse community
What to weigh up
- Replies can be slow
- Admin processes can be slow
- Support services can be hard to access
- Website for The University of Western Australia (opens in a new tab)
The University of Western Australia
The University of Western Australia, WA
4.5from 1,048 Google reviews
What students like
- Staff are friendly and understand student concerns
Australian National University
Australian National University, ACT
What you’ll learn
The main topics covered in the Master of Applied Finance.
- Investment and portfolio management
- Corporate finance and valuation
- Financial markets and derivatives
- Financial risk management
- Financial modelling
Questions to ask before you enrol
Providers run this course differently, so the answers change from one to the next.
- When is the next intake, and how many are there each year?
- What is the total cost, including materials, checks and any placement costs?
- Can I study part time or online, and how does that change the length?
- Do the units count towards a higher qualification if I go on to study further?