The University of Melbourne is the No.1 Business and Economics school in Australia. International students who’ve completed their bachelor’s in a relevant subject can apply for a finance degree at the universities in Melbourne. This 18 – 24 months long program is designed to provide you with advanced technical expertise that surpasses the scope of an undergraduate degree, equipping you for a career in the dynamic finance industry. This degree is also recognized by the CFA Institute. Keep reading to learn more about studying Master of Finance in Melbourne.
Universities
The top universities in Melbourne for studying Master’s in Finance are the University of Melbourne, Monash University, and RMIT University. These universities offer degrees in banking and financial courses and cover all the essential elements of finance, trading, research and the analysis of financial markets.
University of Melbourne (Business and Economics School)
Master of Finance at the University of Melbourne is a 18 months long full time program and 3 years part-time program. It’s Business and Economics School is the No.1 financial institution in Australia and is ranked #24 best in the world. Admissions to this course are offered in two annual intakes: March and July.
This degree in Finance aims to provide:
- In-depth knowledge of the operations and functions of financial markets
- A solid understanding of financial management principles and their application to financial policies
- A thorough comprehension of Australian and international financial markets
- Extensive knowledge of various asset classes and how their markets operate
- Practical expertise in specialized areas of the finance industry
The Business and Economics School also offers a flagship 2-year Master of Finance (Enchanced). This course provides elective and exchange options with the degree.
Monash University
Monash University offers two popular graduate programs in finance: Master of Banking and Finance and Master of Advanced Finance. These comprehensive degrees develop students’ expertise in areas like financial management, portfolio management, money markets, and risk management.
The Master of Banking and Finance provides an opportunity to advance your career in the finance sector and engage with the industry future. It offers valuable insights into the global banking sector, a significant role in shaping the future economy, and the promising career opportunities it presents.
Under the guidance of renowned academics and industry experts, the program covers key areas such as banking systems, money markets, financial management, financial modeling, lending and risk management, and portfolio management. Additionally, it emphasizes the development of critical thinking, communication, and market research skills to equip you with the tools to lead and innovate within the finance industry.
Check the table below to understand the minimum entry requirements.
| Particulars | Details |
| Entry level 1: 96 points to complete | Australian bachelor’s degree (or equivalent) and scored at least a credit (60%) average or an equivalent grade point average (GPA). |
| Entry level 2: 72 points to complete | Australian bachelor’s degree (or equivalent) in a cognate discipline with at least a credit (60%) average, or equivalent and experience approved by the faculty. |
| Entry level 3: 48 points to complete | Australian bachelor’s degree (or equivalent) in a cognate discipline with at least a credit (60%) average, or equivalent and experience approved by the faculty, which has not been used as a basis for entry to another course at Monash Business School. |
RMIT University
Master of Finance at RMIT University is a 2-year full-time degree and a 4-year part-time degree. RMIT truly understands the demand for innovative and analytical thinkers in the digital age. Therefore, it is keen to provide valuable financial and banking skills through its Master of Finance.
This program is designed to stay aligned with the latest trends in the finance industry, from sustainable finance to fintech, offering a comprehensive and up-to-date curriculum that prepares students for a successful and fulfilling career.
As a graduate of Master of Finance, your career opportunities can be:
- Accountant
- Banker
- Credit manager
- Financial Analyst
- financial controller
- Fund Manager
- Treasurer
- Stockbroker
Tuition Fees
Master of Finance tuition fees in Melbourne vary for each university. These institutions usually charge tuition fees based on credit per points. Business Schools in Melbourne charge different tuition fees for domestic and international students. Check the table below to understand the tuition fees for master’s in finance at Melbourne’s top universities.
| University | Per Credit Points | Annual Tuition Fees (AUD) |
| University of Melbourne | $57,338 | |
| Monash University | 48 | $56,800 |
| RMIT University | – | $37,440 |
*Note – Students enrolled in a Commonwealth Support Place (CSP) for their graduate course will get their tuition fee subsidised by the Australian Government.
Student Accommodation in Melbourne
Students in Melbourne are offered unique housing options. These properties are well-equipped with modern amenities to make the best of a student’s academic life. Student accommodation in Melbourne is some of the most comfortable student properties in Australia. Here’s a list of some of the top-rated student accommodation in Melbourne for international students.
- Student Living D2
- Unilodge Melbourne Central
- Student Living on Flinders
- Scape Aurora
- Student Living 339 Swanston
- Scape Franklin
- UKO Melbourne Central
- Scape Victoria Street
- Student Living On A’Beckett
Conclusion
With this, we conclude our list of top Master of Finance courses and universities in Melbourne. Melbourne is home to Australia’s top B-Schools and the faculty at these schools is determined to provide industry-related skills in the digital era. Students can benefit from Melbourne’s vibrant environment and thrive both professionally and personally.
