Masters in Finance in Australia

Chechout the Masters in Finance in Australia....

Standyou Team
Standyou Team

Mar 19, 2025 02:17:44

Masters in Finance in Australia  for International Students


1. Top Universities Offering Masters in Finance in Australia:

  • University of Melbourne – Master of Finance

  • University of Sydney – Master of Commerce (Finance Specialization)

  • Monash University – Master of Banking and Finance

  • University of New South Wales (UNSW) – Master of Finance

  • Australian National University (ANU) – Master of Finance

  • University of Queensland (UQ) – Master of Finance and Investment Management

  • Macquarie University – Master of Applied Finance


2. Duration:

  • Typically 1.5 to 2 years (Full-time)

  • Some universities offer accelerated 1-year options based on prior academic background.


3. Eligibility Requirements:

  • A recognized bachelor’s degree (preferably in finance, economics, accounting, business, or related field)

  • Minimum GPA of 60-70% or equivalent

  • IELTS score of 6.5 – 7.0 (or TOEFL iBT equivalent)

  • GMAT/GRE (not always required but recommended for top universities)

  • Work experience is not mandatory but may strengthen the application.


4. Tuition Fees:

  • Range between AUD 40,000 – 60,000 per year, depending on the university.


5. Scholarships for International Students:

  • Australia Awards Scholarships

  • University of Melbourne Graduate Scholarships

  • UNSW International Scholarships

  • Monash International Merit Scholarship

  • Macquarie University Vice-Chancellor’s International Scholarship

  • Government-based financial aid opportunities


6. Career Opportunities:

  • Investment Banking

  • Financial Analyst

  • Portfolio Manager

  • Risk Analyst

  • Corporate Finance

  • Consulting

  • Treasury and Wealth Management


7. Post-study Work Visa:

  • After completing a Master’s degree, international students are eligible for the Post-Study Work Visa (Subclass 485), typically valid for 2-3 years.


8. Intakes:

  • February and July are the main intakes for most universities.


Universities Offering Masters in Finance in Australia


 1. University of Melbourne

  • Program: Master of Finance

  • Duration: 2 years

  • Intake: February

  • Entry Requirements: Bachelor’s degree with a strong quantitative background, IELTS 7.0


 2. University of Sydney

  • Program: Master of Commerce (Finance Specialization)

  • Duration: 1.5 to 2 years

  • Intake: February & August

  • Entry Requirements: Bachelor’s degree, IELTS 7.0


 3. Monash University

  • Program: Master of Banking and Finance

  • Duration: 1.5 to 2 years

  • Intake: February & July

  • Entry Requirements: Bachelor’s degree, IELTS 6.5


 4. University of New South Wales (UNSW Sydney)

  • Program: Master of Finance

  • Duration: 1.5 years

  • Intake: February & September

  • Entry Requirements: Bachelor’s degree, IELTS 7.0


 5. Australian National University (ANU)

  • Program: Master of Finance

  • Duration: 2 years

  • Intake: February & July

  • Entry Requirements: Bachelor’s degree in finance/related field, IELTS 6.5


 6. University of Queensland (UQ)

  • Program: Master of Finance and Investment Management

  • Duration: 2 years

  • Intake: February & July

  • Entry Requirements: Bachelor’s degree, IELTS 6.5


 7. Macquarie University

  • Program: Master of Applied Finance

  • Duration: 1.5 to 2 years

  • Intake: February & July

  • Entry Requirements: Bachelor’s degree with GPA requirements, IELTS 6.5


 8. RMIT University (Melbourne)

  • Program: Master of Finance

  • Duration: 2 years

  • Intake: February & July

  • Entry Requirements: Bachelor’s degree, IELTS 6.5


 9. Deakin University

  • Program: Master of Finance

  • Duration: 2 years

  • Intake: March & July

  • Entry Requirements: Bachelor’s degree, IELTS 6.5


 10. University of Technology Sydney (UTS)

  • Program: Master of Finance

  • Duration: 1.5 to 2 years

  • Intake: February & July

  • Entry Requirements: Bachelor’s degree, IELTS 6.5


Eligibility Criteria for Masters in Finance in Australia


1. Educational Qualification:

  • A bachelor’s degree (minimum 3 years) from a recognized university.

  • Preferred fields: Finance, Economics, Accounting, Business, Commerce, Mathematics, or related disciplines.

  • Some universities accept applicants from other backgrounds if they have strong quantitative or mathematical skills.


2. Academic Scores:

  • Minimum GPA of 60% – 70% (varies by university).

  • For top universities like Melbourne, Sydney, and UNSW, a higher GPA or distinction-level score may be required.


3. English Language Proficiency:

  • IELTS: Overall 6.5 – 7.0 (no band less than 6.0 or 6.5, depending on the university)

  • TOEFL iBT: 79 – 94

  • PTE Academic: Score of 58 – 65


4. GMAT / GRE Scores:

  • Not always mandatory.

  • Some universities may recommend GMAT for candidates from non-finance or non-business backgrounds.

  • A good GMAT score (600+) can enhance chances, especially for competitive programs.


5. Work Experience:

  • Not compulsory for most programs.

  • However, relevant work experience (1–2 years) can strengthen the application, especially if academic performance is average.


6. Prerequisite Knowledge:

  • Strong foundation in mathematics, statistics, and finance-related concepts.

  • Some universities may require proof of prior quantitative coursework.


7. Additional Documents Required:

  • Academic transcripts

  • Statement of Purpose (SOP)

  • Letters of Recommendation (LORs) – usually 2

  • Updated CV/Resume

  • Proof of English proficiency (IELTS/TOEFL/PTE)

  • Passport copy


Course Duration of Masters in Finance in Australia
 

  • 1 to 1.5 years for students with a relevant undergraduate degree (such as finance, accounting, economics, or business).

  • 2 years for students from a non-finance or unrelated background, as these programs usually include foundational courses in the first year.

Some universities also offer:

  • Accelerated programs that can be completed in 1 year (for those with strong relevant academic and professional backgrounds).

  • Part-time options, which may extend the duration to 3–4 years, depending on course load.


Online Masters in Finance in Australia