Master of Applied Economics and Master of Banking and Finance
Overview
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Study options
- Part Time
- Full Time
- In person, on campus
Duration Duration can vary due to your prior learning and work experience. Learn about admission points under Entry Requirements.
- Full time: 2 years (or equivalent part time)
Fees The estimated annual fee displayed is based on completing a standard full-time study load. Fees are reviewed annually and are subject to change.
- Domestic Fee-paying
- Estimated annual fee AUD $37,500
Location and start dates
North Ryde:
- Session 1 (22 February 2027)
- Session 2 (26 July 2027)
Summary
Key features
- Study in our state-of-the-art facilities
Access real-time and simulation data in our Finance Decision Lab, and gain hands-on experience in financial decision making.
- Demonstrate ethical reasoning
Develop your understanding of the role ethics plays in economics, and stand out from your peers.
- Study at a globally recognised institution
Macquarie Business School is a member of the Association to Advance Collegiate Schools of Business (AACSB).
- Study when it suits you
Study during the day at our Macquarie Park and city campuses, or in the evening at Macquarie Park.
Career outcomes
With a rapidly evolving job market, it’s vital that you have the right skills to evolve with it. We’ll help you upskill or reskill so you can take the next career step in your current industry, or move to one that matches your changing interests. View professions and potential employers.
See career outcomesHow do double degrees work
Studying at Macquarie
Our vibrant and leafy campus forms part of one of the largest business and technology precincts in Australia. To ensure you have the right skills when you graduate — whether you're starting your first job or taking your career to the next level — we offer flexible study options, personalised degrees and practical experiences.
Benefits of studying at Macquarie
Course structure
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Double degrees
Study both degrees concurrently, completing the core zones/units of each degree and graduate with two separate degrees.
Find out more about how double degrees work
Focused and flexible study
Where you can study
In person, on campus
Select a major for Master of Banking and Finance —
Guide to University terminology
Use our handy guide to better understand common study terms.
Career outcomes
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Take the next step in your career
Professions
- Corporate finance manager
- Credit risk analyst
- Economist
- Finance manager
- Financial adviser or analyst
- Fund manager
- International policy adviser
- Investment adviser
- Market analyst
- Market or social researcher
- Mortgage broker
- Policy adviser
- Public servant
- Risk management specialist
- Statistician
- Stockbroker
- Superannuation adviser or analyst
Employers
- Australian Bureau of Statistics
- Banks and financial institutions
- Deloitte
- Government agencies and departments
- PwC
- Reserve Bank of Australia
- Stockbroking and investment companies
- Superannuation and insurance firms
- United Nations
- Wealth management and financial advising firms
- World Bank
Career information
Job and Skills Australia – an Australian Government initiative – provides accessible labour-market data, research and tools to help you understand Australia’s current and projected workforce-skills needs.
Multiply your employability
In-demand graduates
Study at Australia’s #1 uni for graduate employment rate: QS Graduate Employability Rankings, 2020.
Co-designed degrees
Study a degree co-designed with industry, and graduate with the knowledge and skills employers want.
Employability boost
Significantly increase your career flexibility and employability prospects with a double degree.
Entry requirements
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Simple steps to entry at Macquarie
See if you meet the academic requirements
Check if you qualify for recognition of prior learning
Do you meet some, but not all of the requirements?
Depending on your prior qualifications, work experience or other recognised prior learning, you may qualify for entry to this degree at the admission point below.
Each admission point requires the completion of some or all of the degree’s zones, which will affect the overall duration of the degree.
Entry requirements | ||
|---|---|---|
| Complete this degree in: | Course 1 requirements | Course 2 requirements |
Full time: 2 years | Master of Applied Economics
or
| Master of Banking and Finance
or
|
Note: successful admission into the double degree means that you must satisfy the requirements for both of the single degrees. Admissions requirements are true at the time of publishing.
Master of Applied Economics
Related fields of study
Accounting, Business, Commerce, Economics, Econometrics, Actuarial Studies, Banking, Finance, Insurance, Management, Supply Chain, Valuation, Political Economy, Philosophy and Economics, Science, STEM-focused degrees, Public and Healthcare Management
Relevant experience
Master of Banking and Finance
Related fields of study
Accounting, Actuarial Studies, Banking, Economics, Finance, Insurance, Valuation
Relevant experience
*'Bachelor’s qualification' relates to an AQF level 7 bachelor's qualification or recognised equivalent.
Guide to University terminology
Use our handy guide to better understand common study terms.
Recognition of prior learning
With recognition of prior learning (RPL), you could get credit for your prior study and experience, reducing the duration of your studies. Credit is awarded for formal and informal or non-formal learning. You’ll need to apply for RPL once you receive your offer to study at Macquarie.
Find out moreYour prior learning may consist of:
- Formal learning
- Informal and non-formal learning
English language requirements
When applying to study at Macquarie University, you’re required to provide evidence of proficiency in English.
You may satisfy the English language requirements by:
- passing an approved English language test at the required level
- holding a qualification from an approved country with English as the language of instruction
Learn more about English language requirements for applications direct to Macquarie University
The required standard of English for this degree is:
| IELTS band | Minimum score required |
|---|---|
| Overall | 6.5 |
| Reading | 6 |
| Writing | 6 |
| Listening | 6 |
| Speaking | 6 |
Additional information and requirements
Master of Applied Economics
Assumed knowledge
Recommended studies
Master of Banking and Finance
Assumed knowledge
Recommended studies
Inherent requirements
To be eligible to graduate from your course, you must satisfy the inherent requirements – essential activities, capacities and academic requisites – of that course.
View inherent requirementsFees and scholarships
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Fees
The estimated annual fee displayed is based on a standard full-time study load. Fees may increase each year. For courses longer than one year in duration, you'll pay the fee that is current for the year that you enrol.
Find out moreEstimated cost
The cost of your studies may vary based on:- units chosen
- government support received
- approved credit for prior learning or work experience.
Domestic fee paying
AUD $37,500
Estimated annual fee
AUD $468.75
Fee per credit point
Government assistance
FEE-HELP is a loan scheme that assists eligible students enrolled in Domestic fee-paying courses. It's used to defer full or part of your tuition fee and can't be used for additional study costs, such as accommodation or textbooks.
Student amenities fee
You’re required to pay the Student Services and Amenities Fee (SSAF) to Macquarie University in compliance with the Higher Education Legislation Amendment (Student Services and Amenities) Act 2011 (Cth). The fee contributes to services, support and facilities of a non-academic nature.
Learn about SSAFScholarships
Macquarie University offers a variety of scholarships that recognise a range of factors, including academic or athletic achievement, leadership experience and volunteer work, or financial need and hardship. Additional scholarships may be available for selected areas of study.
How to apply
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looking to start my course in
Course details
Course title:
Master of Applied Economics and Master of Banking and Finance
Starting year:
2027
Application instructions
Apply online
New domestic applicants are required to apply directly through our Applicant Portal.
The Applicant Portal allows you to save your application and come back to it later. You can also track the status of your application and must submit prior to the application close date.
Please note: If you are a current or previous Macquarie University student, you should submit your application through the 'my application and offers' tab in eStudent. If you have forgotten your Student ID or password, please contact the IT Service Desk for assistance.
What you need to apply
Your application will require copies of the following documents:
- Proof of Australian or New Zealand citizenship or Australian permanent residency (including proof of name change, if applicable)
- Evidence of previous academic qualifications and transcripts (including translations if your qualifications are not in English)
- Evidence of English proficiency (where applicable)
- Current resume and workplace reference letter (if seeking entry through previous work experience)
Steps to apply
Decide on your course
Explore your entry options and check the requirements
Gather your documentation
Submit your application
Help with your application
For help with your application, or if you have any questions, contact our team.
Future Students
T: +61 (2) 9850 6767
E: futurestudents@mq.edu.au
Important dates
| Session/Year | Location | Applications open | Applications close | Session commences |
|---|---|---|---|---|
| Session 1 | North Ryde | 2 September 2026 | 8 February 2027 | 22 February 2027 |
| Session 2 | North Ryde | 2 September 2026 | 12 July 2027 | 26 July 2027 |
Ask a question
If you’d like to know more about studying at Macquarie University, we’d love to hear from you.