Official guides / Exchange & study abroad
Belgium/Germany
Monash University
Last checked: 25 Oct 2026 UTCWhat this page covers
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ACX3500/5951 and BFX3871/5860
International Study Program in Accounting and Banking/Finance
Belgium and Germany, 11 January - 23 January 2027
About this program
Selected students will enrol in unit ACX3500/5951 or BFX3871/5860 for the Summer Semester B (SSB-01) teaching period.
The unit may count as a major, capstone, or elective within your undergraduate or postgraduate business degree. This dynamic international study tour is a unique opportunity for students to explore key themes in accounting, banking, and finance across major European financial centres. Offered by the Department of Accounting and the Department of Banking and Finance, this immersive academic experience combines classroom learning with real-world industry engagement. Over two weeks in January 2027, students will travel through Belgium and Germany, gaining insight into how European financial institutions operate and how policies shape international accounting and banking frameworks. The program includes high-level academic content, interactive site visits, and cultural experiences.
Students are required to attend a pre-departure briefing prior to departure. These details will be provided to enrolled students.
Important information
- Students who require a Schengen visa are strongly advised to book an embassy appointment at the time of application, due to long processing times.
Students are required to attend a pre-departure briefing from 1pm AEDT Thursday 19 November 2026, Building H, room H9.21 at Caulfield campus.
Applications
9 August 2026
Decision date
26 August 2026
Start date
11 January 2027
End date
23 January 2027
Program cost
Program fee: $2250 AUD
Deposit: $1125 AUD, non-refundable, payable within 72 hours of offer acceptance.
Program fee balance: $1125 AUD, due 19 September 2026.
What’s included in the program fee
- Twin-share accommodation for the duration of the program, including daily breakfast. Single rooms may be available for an additional cost.
- A curated program of company and organisation visits
- Academic sessions, workshops and experiential learning activities
- Cultural activities and regional excursion (including accommodation and guided experiences)
- All in-country transport for scheduled academic activities and site visits
- Welcome and farewell group functions
- Monash University travel insurance (covering the program and up to 15 days before and after).
What’s not included in the program fee
- Monash tuition fees (6 credit points)
- International airfares (est. AUD $400–$1,400)
- Visa costs (est. AUD $0–$100)
- Accommodation outside program dates (est. AUD $100–$250 per night)
- Meals not included in the itinerary (est. AUD $10–$30 per meal)
- Personal expenses (e.g. shopping, additional transport, entertainment)
- Spending money (recommended AUD $500–$1,000).
Note: Students are encouraged to use the above estimates as a guide only and research any additional costs at the time of application.
Refund policy
Program fees are generally non-refundable, except in exceptional circumstances as determined by Monash Business School.
Circumstances that will not be considered exceptional include (but are not limited to):
- Failure to secure an appropriate visa
- Withdrawal after committing to another study experience
- Change of mind.
Students should carefully consider their availability and commitment before accepting an offer.
Eligibility
Undergraduate:
- Minimum WAM of 60%
- Completed at least 72 credit points at the time of application.
Graduate:
- Minimum WAM of 60%
- Completed at least 24 credit points at the time of application.
Submission guidelines:
All applicants must submit supporting documentation (e.g. CV ) and a video (two minutes) addressing:
- Your motivation for participating
- How the program supports your degree and/or career goals.
The supporting documentation must be submitted via a Google Drive link (ensuring access permissions are granted to Monash University). The link should be included in the Personal Statement section of your application.
Selection criteria:
As places are limited and demand is high, selection is competitive and based on:
- Weighted Average Mark (WAM)
- Video submission.
Itinerary
| 11 January 2027 | Arrive in Leuven, Belgium and enjoy a walking orientation of the city, and connect with your cohort at a welcome reception. |
| 12 January 2027 | Engage in academic lectures at Irish College Leuven, introducing key program themes. |
| 13 January 2027 | Visit the European Parliament and European Commission to explore global policymaking and governance. |
| 14 January 2027 | Take a day trip to the Netherlands, gaining insights into international business in a new cultural context. |
| 15 January 2027 | Visit Europe's Voice in Corporate Reporting Participate in a hands-on chocolate workshop and discover Belgium’s renowned industry. |
| 16 January 2027 | Free day to explore |
| 17 January 2027 | Travel to Luxembourg and begin exploring the city. |
| 18 January 2027 | Continue visits in Luxembourg before travelling to Frankfurt. |
| 19 January 2027 | Visit the European Central Bank and Bundesbank to understand monetary policy and financial systems. |
| 20 January 2027 | Travel to Berlin with a guided walking tour or company visit (timing dependent). |
| 21 January 2027 | Gain insights into Berlin’s finance ecosystem, with a number of visits to key financial institutions and companies. |
| 22 January 2027 | Continue to explore Berlin’s financial hub and wrap up with a farewell celebration. |
| 23 January 2027 | Check out of hotel. Program concludes. |
*This is a sample itinerary based on previous trips for this unit. Elements of this program may be subject to change. A more detailed itinerary will be provided to students who have confirmed their enrolment for this study tour.
Assessment and results
- This program is equivalent to 6 credit points of Monash study
- Assessment details will be provided by the unit coordinator
- Results release date: 1 March 2027.
For enquiries, please contact Monash Connect.
Applications closed
If you have any questions, please direct them to the faculty via Monash Connect.