Master of Science [M.S] (Financial Mathematics)
Field of Study:
$37,505 /Yr
Monash Australia M.S Financial Mathematics is a 2 years Full Time Master program. This program is offered On Campus, requiring a successful completion of 96 credits. The first year fees for M.S Financial Mathematics at Monash Australia is ₹ 32.97 Lakhs (AUD 57700). Earlier in 2024, the M.S Financial Mathematics Fee was ₹ 31.14 Lakhs (AUD 54500). This shows that the academic fees has increased by ₹ 182848 (AUD 3200).
For admission to M.S Financial Mathematics at Monash Australia, international students need 65%, TOEFL(79), IELTS(6.5). For more details, check Monash Australia Admissions 2025
Monash Australia M.S Financial Mathematics Total Fees 2025
The tuition fee for M.S Financial Mathematics at Monash Australia is AUD 57700 per year (₹ 32.97 Lakhs). Meanwhile, the total cost is AUD 73540/Year (₹ 42.02 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for M.S Financial Mathematics at Monash University is as follows:
| Expense Type | Average Cost (INR) | Equivalent (AUD) |
|---|---|---|
| Tuition Fee | ₹ 32.97 Lakhs | AUD 57700 |
| Application Fee | ₹ 5,714 | AUD 100 |
The other expenses for M.S Financial Mathematics at Monash University is as follows:
| Expense Type | Average Cost (INR) | Equivalent (AUD) |
|---|---|---|
| Housing | ₹ 9.05 Lakhs | AUD 15840 |
| Total Cost | ₹ 9.05 Lakhs | AUD 15840 |
M.S Financial Mathematics Tuition Fee Trends at Monash Australia
Monash Australia M.S Financial Mathematics Fees for Indian students is ₹ 32.97 Lakhs (AUD 57700). This academic fee has remained the same from 2024. Candidates can check the year on year trends in Monash Australia Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (AUD) |
|---|---|---|
| 2026 | ₹ 32.97 Lakhs | AUD 57700 |
| 2024 | ₹ 31.14 Lakhs | AUD 54500 |
| 2023 | ₹ 26.68 Lakhs | AUD 46700 |
| 2021 | ₹ 17.21 Lakhs | AUD 30121 |
M.S Financial Mathematics at Monash Australia Admission 2025
To be eligible for admission to M.S Financial Mathematics at Monash Australia, applicants must meet specific academic and language requirements.
Academic Requirement | Entry Level 1(2 years): A bachelor’s degree in Mathematics or equivalent with a 65% or above score with courses like multivariable calculus, linear algebra, probability, statistics and differential equations. Entry Level 2(1.5 years): A bachelor’s degree in Mathematics or equivalent with a 65% or above score with courses like multivariable calculus, linear algebra, probability, statistics and differential equations. Entry Level 3(1 year): A bachelor's honours degree in Mathematics, or equivalent with a 65% or above score. |
English Language Requirements |
|
Application link | Application link |
Total Credits | 48, 72 or 96 |
Course Duration | 1, 1.5 or 2 Years |
Application Fee | Non-refundable $100 |
Documents Required |
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Monash Australia M.S Financial Mathematics Application Link
Monash Australia M.S Financial Mathematics Application Link; Apply Here
M.S Financial Mathematics at Monash Australia Admission Requirements
For admission to M.S Financial Mathematics, Monash Australia accepts TOEFL, IELTS, PTE exam. The average scores among admitted students are typically around: 79 in TOEFL, 6.5 in IELTS, 58 in PTE.
M.S in Financial Mathematics Fee Comparison
The fee comparison for similar programs like Monash Australia M.S Financial Mathematics are:
| University | Program | First Year Fees in AUD | First Year Fees in INR |
|---|---|---|---|
| University of New South Wales | M.S Financial Mathematics | AUD 56,500 /Yr | INR 32.3 L/Yr |
| Monash University | M.A Advanced Finance | AUD 59,900 /Yr | INR 34.2 L/Yr |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $37505 (AUD 57700) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $10296 (AUD 15840) |
| Total Cost | $10296 (AUD 15840) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $35425 (AUD 54500) |
| 2023 | $30355 (AUD 46700) |
| 2021 | $19579 (AUD 30121) |
Important Dates
Course Starts in Feb and July. Students should apply as early as possible.
Scores Required
TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Dean Study Grant | $10,000 | All Admitted Students |
Key Resources for Your Study Abroad Journey
Course Guides
MS in Australia: Top Universities, Application Process, Cost, Scholarships and Job Prospects
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| FINCAD Women in Finance Scholarship | Scholarship per student$ 13,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 1,300/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Dr. APJ Abdul Kalam International Postgraduate Scholarships 2020 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student$ 650/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 2,275/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for Term 3 Grouped round 2 2026 Intake (25th Dec 2025) Application Deadline for Term 3 Grouped round 3 2026 Intake (12th Feb 2026) | USD 36,725 /Yr AUD 56,500 /Yr |
| ||
Semester 1 intake (15th Jan 2026) | USD 38,935 /Yr AUD 59,900 /Yr |
|
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