QS Rank:

37

University of Melbourne

Victoria
,Australia

Program Rank

1

Program Name
Master's in Finance

Deadline
September 30th, 2024
Overview

The Master's in Finance program at the University of Melbourne is meticulously designed to equip students with the specialized technical knowledge necessary for navigating and excelling in the dynamic and constantly evolving finance sector. Recognized globally and accredited by the CFA Institute, this program is tailored for ambitious individuals seeking to deepen their understanding of finance and its diverse applications. The curriculum is structured to blend theoretical frameworks with practical insights, ensuring that graduates are well-prepared to tackle real-world challenges in various finance domains.
Throughout the 18-month program, students will delve into a comprehensive curriculum that includes core subjects such as Financial Markets, Corporate Finance, Investment Management, and Quantitative Finance. Each course is thoughtfully curated to provide not only theoretical knowledge but also applied skills that are critical in today’s financial landscape. Students will engage in case studies, simulations, and collaborative projects that foster a hands-on learning environment, enhancing their analytical and problem-solving capabilities while preparing them for high-stakes decision-making.
In addition to the core courses, students have the opportunity to specialize in areas of interest, further enhancing their expertise. Electives such as Financial Technology (FinTech), Risk Management, and Behavioral Finance allow students to tailor their education according to their career aspirations. This flexibility is a key feature of the program, enabling graduates to emerge as well-rounded finance professionals who can adapt to various roles within the industry.
The faculty at the University of Melbourne comprises highly esteemed academics and industry practitioners, bringing a wealth of experience and knowledge to the program. They employ innovative teaching methodologies that promote engagement and critical thinking, encouraging students to actively participate in discussions and collaborate with peers. This approach not only enriches the learning experience but also cultivates a strong professional network that can be beneficial for future career opportunities.
One of the standout features of the Master's in Finance program is its strong emphasis on research and practical application. Students have access to state-of-the-art resources and research facilities, providing the perfect backdrop for undertaking significant projects that can contribute to the finance field. Whether it's through partnerships with leading financial institutions or involvement in research initiatives, students are constantly encouraged to apply their learning in practical contexts, ensuring they graduate with both theoretical knowledge and real-world experience.
The career outcomes for graduates of the Master's in Finance program are highly promising. With a remarkable job placement rate of 98%, students can be confident in their ability to secure roles in various sectors such as investment banking, corporate finance, and risk management. Graduates have successfully transitioned into positions such as Senior Financial Analyst, IT Risk Manager, and Financial Accountant, demonstrating the program's effectiveness in preparing students for challenging and rewarding careers.
Success stories from alumni further highlight the program's impact. Graduates have not only made significant contributions to their respective fields but have also taken on leadership roles in prestigious organizations around the world. The diverse backgrounds of students contribute to a rich learning environment, fostering an international perspective that is invaluable in today’s globalized economy.
Why Study Master's in Finance at University of Melbourne?
The University of Melbourne stands out for several compelling reasons:
- Accreditation: The program's recognition by the CFA Institute ensures that it meets global standards for finance education.
- Diverse Curriculum: The comprehensive curriculum covers essential finance topics and specialized electives, allowing students to tailor their education to their interests.
- Expert Faculty: Learn from experienced professionals and renowned academics, benefiting from their insights and real-world knowledge.
- Research Opportunities: Engage in impactful research projects with access to state-of-the-art facilities.
- Global Network: Join a diverse alumni network that spans across important finance sectors worldwide, fostering valuable connections.
- Strong Employment Outcomes: With a 98% job placement rate, graduates are well-positioned for immediate employment.
To apply for the Master's in Finance, prospective students should be aware of the admission criteria and requirements. Applicants are expected to have a relevant undergraduate degree and must submit their academic transcripts along with a personal statement, portfolio, and standardized test scores such as the GRE or GMAT. Additionally, international students must demonstrate English proficiency through tests like IELTS (minimum score of 7.0), TOEFL (minimum score of 94), or PTE (minimum score of 72).
The application fee is $130, and the deadline for submission for the Summer intake is September 30th, 2024. Candidates are encouraged to prepare their applications well in advance to ensure all required documents are submitted in a timely manner.
In conclusion, the Master's in Finance program at the University of Melbourne is more than just an academic degree; it is a gateway to a successful career in finance. With its rigorous curriculum, experienced faculty, and strong industry connections, students are well-equipped to navigate the complexities of the finance world and emerge as leaders in their chosen fields.

Total Tuition Fees
$1,28,084

Duration
18 Months
Ranking
#25
US World and News Report
#33
The World University Rankings
#37
QS World University Rankings

Intake
Summer ( July - Sept )
Class Profile

Average Age
25

Average Work Experience
2 Years
Diversity
Asia:
25%Africa:
5%Oceania:
5%Europe:
20%North America:
15%South America:
10%Others:
20%Career Outcomes
Graduates of the new Master of Finance will forge international careers in the finance industry applying their technical skills to the areas of:
- Investments
- Banking
- Corporate advisory
- Financial analysis
As a graduate of the Master of Finance you’ll be:
- Knowledgeable across a variety of finance specialisations including financial markets, corporate finance, investment management, quantitative finance and financial technology
- Skilled in analysing and solving complex financial problems
- A critical thinker, aware of the contribution of financial theory to sound financial decision making in practice
- An effective communicator of financial concepts and ideas to both specialist and non-specialist audiences
- An effective team member through participation in collaborative exercises.
- Adept at retrieval and manipulation of financial information and data from a variety of sources
- Aware of the importance of applying high ethical standards in professional practice.

Job Placement
98%
Prospective Job Roles
IT Risk Manager
Corporate Finance
Event Risk Manager
Senior Financial Analyst
Financial Analyst
Accountant
Cost Engineer
Financial Accountant
Investment Banking
Senior Accountant
Top recruiters









Eligibility Criteria
English Proficiency Tests
IELTS
7
TOEFL
94
PTE
72
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

Application Fee: 130
Transcript
IELTS
TOEFL
PTE
Portfolio
Personal Statement
GRE
GMAT
Application Deadlines
Standard Deadline | |
---|---|
Summer | Sep 30, 2024 |
Fees and Funding

Tuition Fees
$60,992 / year

Overall Cost
$1,58,084 / year
Funding Options
Department Funding
Scholarships
The University of Melbourne offers more than 1200 scholarships and prizes including bursaries and grants, for current and commencing students.
Melbourne has one of the most generous scholarship programs in Australia. Additionally, the Faculty of Business and Economics offers a range of scholarships for new and current business students, many for which you will be automatically considered.
Click here to learn more.
FAQs
- Admissions Requirements
To apply for the Master's in Finance program at the University of Melbourne, prospective students must meet the following criteria:
- Hold a relevant undergraduate degree.
- Submit academic transcripts.
- Provide a personal statement.
- Include a portfolio.
- Present standardized test scores such as GRE or GMAT.
- For international students, demonstrate English proficiency through tests like IELTS (minimum score of 7.0), TOEFL (minimum score of 94), or PTE (minimum score of 72).
- Program Structure
The Master's in Finance program is structured over an 18-month duration, featuring a comprehensive curriculum that includes:
- Core Subjects: Financial Markets, Corporate Finance, Investment Management, and Quantitative Finance.
- Electives: Opportunities for specialization in areas such as Financial Technology (FinTech), Risk Management, and Behavioral Finance.
This structure allows students to gain essential theoretical knowledge while also developing applied skills through case studies, simulations, and collaborative projects.
- Teaching Methods
The faculty at the University of Melbourne employs innovative teaching methodologies that enhance engagement and critical thinking. These methods include:
- Interactive discussions that encourage student participation.
- Collaborative projects that foster teamwork and peer learning.
- Hands-on learning experiences, such as case studies and simulations.
This approach not only enriches the learning experience but also aids in building a strong professional network.
- Career Prospects
Graduates of the Master's in Finance program enjoy promising career outcomes, with a remarkable job placement rate of 98%. They are well-prepared for roles in various sectors, including:
- Investment Banking
- Corporate Finance
- Risk Management
Common positions held by graduates include Senior Financial Analyst, IT Risk Manager, and Financial Accountant, demonstrating the program's effectiveness in preparing students for rewarding careers.
- Unique Aspects
The Master's in Finance program at the University of Melbourne stands out for several compelling reasons:
- Accreditation: Recognition by the CFA Institute, ensuring global standards for finance education.
- Diverse Curriculum: A blend of essential finance topics and specialized electives for a tailored educational experience.
- Research Opportunities: Access to state-of-the-art resources for impactful research projects.
- Global Network: An extensive alumni network across important finance sectors worldwide.
- Strong Employment Outcomes: A high job placement rate, equipping graduates for immediate employment.
- Practical Application and Research Opportunities
The Master's in Finance program emphasizes research and practical application through:
- Access to state-of-the-art resources and research facilities.
- Partnerships with leading financial institutions.
- Involvement in significant research initiatives that encourage students to apply their learning in practical contexts.
This focus ensures that graduates possess both theoretical knowledge and real-world experience, making them well-prepared for the finance industry.
- Application Fee and Deadline
The application fee for the Master's in Finance program is $130. For those interested in the Summer intake, the deadline for submission is September 30th, 2024. Candidates are encouraged to prepare their applications in advance to ensure timely submission of all required documents.
- Graduate Roles
Graduates of the Master's in Finance program have successfully transitioned into a variety of roles, including:
- Senior Financial Analyst
- IT Risk Manager
- Financial Accountant
This demonstrates the program's effectiveness in preparing students for challenging and rewarding careers within the finance sector.
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