Master of Banking and Finance and Master of Commerce(Human Resource Management)

2 Years On Campus Masters Program

Macquarie University

Program Overview

This double degree combines advanced banking and finance expertise with specialised human resource management, making it well suited to students who want to build versatile careers across financial services, business and people management. Students develop practical and theoretical skills across areas such as Banking, Financial Management, FinTech and Human Resource Management, with the flexibility to build broader commerce expertise.

Curriculum Structure

Year 1: Students build their banking and finance expertise through areas such as Banking, Financial Management and Sustainable Finance, developing an understanding of financial decision-making, financial markets and responsible approaches to finance. They can also begin developing their commerce specialisation through Human Resource Management, gaining knowledge relevant to managing people and organisations.

Year 2: Students deepen their finance capabilities through FinTech while progressing through the Master of Commerce component with Human Resource Management and other available commerce areas. This combination helps students connect financial expertise with people-management and broader business skills, preparing them for complex roles across banking, finance and organisational management.

Focus areas: Banking, financial management, sustainable finance, FinTech, human resource management, financial decision-making, people management, business and commerce

Learning outcomes: Apply financial principles and analysis, understand banking and financial management, evaluate sustainable and emerging financial practices, use FinTech concepts, manage human resources effectively, solve complex business problems, communicate professionally, make informed strategic decisions

Professional alignment (accreditation): Macquarie Business School is accredited by AACSB, a globally recognised business-school accreditation held by the top five per cent of business schools worldwide. The Human Resource Management specialisation is supported by Macquarie's broader HR expertise, while Macquarie Business School maintains professional and industry connections across business disciplines.

Reputation (employability rankings): Macquarie University is ranked #11 in Australia and #126 globally in the QS World University Rankings 2027 and is ranked in the top 10 in Australia for graduate outcomes and employer reputation. In the 2026 QS World University Rankings by Subject, Macquarie Business School is ranked 69th globally for Accounting & Finance and in the top 150 for Business & Management, supporting the university's strong standing among employers and in business education.

Career opportunities: Banking and Finance Manager, Financial Analyst, Finance Manager, Banking Specialist, Risk Management Specialist, Human Resources Consultant, Recruitment Manager, Employee Relations Manager, Business Consultant, Management Consultant.

Experiential Learning (Research, Projects, Internships etc.)

Macquarie University’s Master of Banking and Finance and Master of Commerce provides a strong practical focus, allowing students to connect financial theory and human resource management with real-world business situations. Banking and finance students can use the Finance Decision Lab, a 36-seat collaborative environment that combines real-time financial data, analytics and global business intelligence for hands-on financial decision-making. The program also benefits from Macquarie Business School’s industry engagement opportunities, including its Professional and Community Engagement (PACE) program, which facilitates internships with industry partners for Business students.

Key experiential learning opportunities:

Finance Decision Lab: Students gain hands-on exposure to financial markets using FactSet, LSEG Workspace and S&P Capital IQ Pro, with access to live stock prices, industry reports and financial-market information.
Financial simulations: The Finance Decision Lab supports active learning through financial simulations and real-time data, allowing students to see the impact of financial decisions in a realistic market environment.
Industry experience: Macquarie Business School facilitates an average of 275 internships for Business students each year through its network of 440 industry partners, providing opportunities to gain workplace experience.
Case studies and simulations: HRM learning can involve real or simulated business scenarios, helping students develop critical thinking, judgement and problem-solving skills.
Group and project work: Students can undertake independent or group projects that develop research, communication, planning, organisation and time-management skills.
Business facilities: Students have access to state-of-the-art lecture theatres, syndicate rooms designed for collaboration and specialised learning spaces across Macquarie Business School.
Research facilities: Macquarie Business School provides access to specialist facilities including the Finance Decision Lab and Experimental Economics Lab, supporting research and practical learning in commerce and management.

Progression & Future Opportunities

The Master of Banking and Finance and Master of Commerce (Human Resource Management) gives graduates a distinctive combination of financial expertise and people-management capability, opening pathways across banking, finance, human resources and broader business management. Macquarie identifies finance career opportunities including financial analyst, investment analyst, corporate finance and wealth management, while its HR studies develop skills relevant to recruitment, training, development, performance and retention.

Typical Job Roles: Financial Analyst, Investment Analyst, Human Resources Manager, HR Business Partner

Career Support and Employability:

Careers and Student Employment: Macquarie’s career services help students with career planning, workplace skills and employment opportunities, while Macquarie Student Employment connects students and graduates with local industry partners for casual, part-time and full-time roles.
Industry Internships: Macquarie Business School’s Industry Partnership Program offers paid internships of one to six months across disciplines including Finance and Human Resources Management, helping students gain practical workplace experience.
University–Industry Partnerships: Macquarie Business School works with industry through its Industry Partnership Program, with organisations able to collaborate with students through internships, research and talent development. The university also lists partners including Commonwealth Bank, Deloitte, Macquarie Bank, PwC, Hays, TAL and Zurich.
Finance Industry Exposure: Macquarie’s FinTech and Banking Research Centre collaborates with industry on research, business case studies and executive education in areas including digital banking, FinTech and regulatory innovation.
Employment Outcomes: Macquarie’s Graduate Destination Survey reported that 88% of graduates were active in the labour market in its 2021 results, while earlier results showed 94% of graduates in full-time or part-time employment close to one year after completion.
Salary Figures: Macquarie’s official sources used here do not provide a specific graduate salary figure for this double degree, so no salary estimate is included.

Professional Value: Combining Banking and Finance with Human Resource Management can provide long-term value by giving graduates two complementary areas of business expertise, supporting career mobility across financial services, people management and broader organisational leadership. The Master of Banking and Finance offers specialisations including Banking, Financial Management, FinTech and Sustainable Finance, while the Master of Commerce includes Human Resource Management as a specialisation.

Graduation Outcomes: Graduates can enter professional roles across financial services and human resources or use the combined qualification to move towards broader management and leadership positions. Macquarie’s industry-focused learning, internships and employer connections provide opportunities to build practical experience and professional networks before and after graduation.

Further Academic Progression: Graduates can continue into higher-level postgraduate study, including a Master of Research or a PhD, particularly if they wish to pursue academic research or specialised research careers. Macquarie’s FinTech and Banking Research Centre also supports industry-linked higher degree research projects and scholarships, providing a pathway for students interested in research connecting finance with real-world industry challenges.