About Banking in Murdoch University

Course Description

Get the skills and knowledge you need to enjoy a career anywhere in the world. Banking is an industry famous for offering a wide range of opportunities, great working conditions and a commitment to ongoing training and learning.

You’ll explore how the banker-customer relationship works and learn the skills you need to build a customer’s trust, create and manage loans, make strategic investment decisions and help businesses, governments and people with their finances to help them achieve their goals.

Banks and financial institutions work based on having debt built into their structure – and you’ll learn to understand the interest, credit and liquidity risk management issues that this can create. You’ll examine how the Australian banking system works and how it affects the local business environment, as well as international trade.

7 reasons to study Banking at Murdoch

• Work with real international organisations on real projects as part of our work integrated learning program.
• Build your network of contacts by becoming a member of professional bodies and associations through our industry connections.
• Learn from experts in banking and finance as they share their experience and insights from a range of perspectives.
• Gain the practical skills needed to identify business opportunities, analyse problems and implement solutions.
• Study two majors in three years and graduate with two specialisations, further enhancing your career prospects.
• Earn over $1,000 per week when you graduate*.
  *Source: joboutlook.wa.gov 2018
• Financial and Insurance Services employment is projected to rise by 5.6% over the next five years. The top five occupations in this industry include bank workers, financial investment advisers and managers, financial brokers, credit and loan officers and insurance, money market and statistical clerks*.
  *Source: Australian Government’s Department of Jobs of Small Business, Australian Jobs 2018

What you’ll learn

Build the knowledge and skills you need to meet your career or study goals. Here are some of the things you’ll learn:

• international financial markets and institutions
• finance law
• commercial banking
• credit and lending decisions
• treasury management.

Customise your course

Customise your course with a second major or combined degree. Adding a second major or combined degree enhances your career prospects and allows you to specialise in two areas of study. Here are some combinations we recommend:

• Accounting
• Finance
• Management
• Business Law.

Your future career

Studying a Bachelor of Business in Banking means you will graduate with a degree that is globally recognised. This degree opens up doors internationally.

Careers could include:

• Bank workers
• Financial Investment Advisers and Managers
• Financial Brokers
• Credit and Loan Officers
• insurance, money market and statistical clerks.

You could work in banks, brokerage firms, consultancy or professional services firms, insurance companies, investment banks, superannuation firms, universities or institutions, state and federal government agencies, non-governmental organisations (known as NGOs), not-for-profit organisations, major international brands or in other areas.

Academic qualification equivalents:

• Generally requires you to have completed a secondary school qualification equivalent to an Australian Year 12 certificate.

English language requirements (one of the below):

• IELTS        :      overall 6.0 with no band below 6.0 
• TOEFL      :      73 with no band less than 18
• PTE           :     50 with no band below 50

Murdoch University Highlights

Murdoch University Average Tuition Fees And Other Expenses

The tuition fee varies with course and degree. The cost of the complete program for some courses is tabulated below:

Cost of Living depends upon the lifestyle and preferences of the person. Approximately living expenses in Perth can be estimated to 500 AUD per week. Let us have a look at various expenses estimated per week: