Master of Commerce (Finance) – University of Melbourne
ME University of Melbourne logo
Master's Degree Finance Full Time

Master of Commerce (Finance)

at University of Melbourne · Melbourne, Victoria

CRICOS course code

092762G

CRICOS provider code

00116K

This course is registered on the Commonwealth Register of Institutions and Courses for Overseas Students. Verify it yourself at cricos.education.gov.au before paying any fee.

Duration

2 years

Tuition (whole course)

A$128,084 total

Per year

A$64,042/yr

Intake

Semester 1 (Feb/Mar), Semester 2 (Jul)

About this program

The Master of Commerce (Finance) at the University of Melbourne is a rigorous two-year programme designed to equip graduates with advanced knowledge and analytical skills in financial theory and practice. The curriculum covers core areas such as corporate finance, investment analysis, financial markets, risk management, and quantitative methods, with options to specialise through electives. Students gain expertise in topics relevant to the dynamic Australian financial sector and global finance landscapes.

This master's degree is structured through a series of units of study, each carrying specific credit points that contribute to the qualification. Students can expect to engage in a combination of lectures, seminars, and project-based coursework. The programme often incorporates a capstone experience, which may take the form of a major research project or applied industry-focused project, allowing students to synthesise their learning in real-world contexts.

No prior finance background is required, making this course suitable for graduates from diverse academic fields who wish to pursue a career in finance. Work-integrated learning opportunities may be available, offering students valuable exposure to professional finance environments in Melbourne and beyond. Throughout their studies, students gain advanced skills in financial analysis, economic reasoning, quantitative modelling, critical thinking, and ethical decision-making.

International students benefit from pathways such as the Temporary Graduate visa (subclass 485) post-study work stream, supporting career opportunities in Australia. The University of Melbourne maintains strong industry connections with the Australian banking, investment, and corporate sectors, enhancing graduate employability. Students are also entitled to work up to 48 hours per fortnight while enrolled, enabling practical experience alongside academic study. Prospective students are encouraged to confirm specific details, including structure and entry requirements, on the official university website.

Entry requirements

English: International applicants must evidence English proficiency. IELTS Academic 6.0–6.5 overall is the common undergraduate and coursework-postgraduate standard, rising to 7.0–7.5 for teaching, nursing, medicine, law and social work. TOEFL iBT, PTE Academic, Cambridge C1 Advanced and the university’s own English programmes are accepted as equivalents; the Department of Home Affairs sets a separate English threshold for the Student visa itself.
International students: Registered on CRICOS for international students. A Confirmation of Enrolment (CoE) for this course supports a Student visa (subclass 500) application; Overseas Student Health Cover is required for the full duration.

Career outcomes

  • Financial Analyst roles in banking, consulting, and investment firms
  • Corporate Finance positions in Australian and multinational organisations
  • Funds Management and Superannuation roles
  • Risk Management within banking, insurance, or corporate sectors
  • Financial Planning and Wealth Management advisory positions
  • Policy Analysis roles with government and financial regulatory bodies
  • Opportunities in fintech, asset management, and consulting industries

Frequently asked questions

How long is the Master of Commerce (Finance) at University of Melbourne?

It typically takes 2 years, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$128,084 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Financial Analyst roles in banking, consulting, and investment firmsCorporate Finance positions in Australian and multinational organisationsFunds Management and Superannuation rolesRisk Management within banking, insurance, or corporate sectorsFinancial Planning and Wealth Manag...

Guides for this subject and the application

All guides →

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