Master's Degree Finance Full Time

Master of Finance

at University of Melbourne · Melbourne, Victoria

CRICOS course code

0100876

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

1.5 years

Tuition (whole course)

A$102,276 total

Per year

A$68,184/yr

Intake

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

About this program

The Master of Finance at the University of Melbourne is designed for students seeking advanced knowledge and skills in financial theory, quantitative analysis, and practical application in finance. The programme covers areas such as investment management, corporate finance, derivatives, risk management, and financial markets, preparing graduates for specialist and leadership roles in the field. Students engage with cutting-edge concepts and real-world challenges, benefitting from the university's strong connections to the Australian finance sector, including access to guest speakers and industry networks.

This master's degree is structured over 1.5 years of full-time study, comprising a set sequence of units of study, each contributing to the overall credit points required for graduation. Opportunities for research-led electives allow students to deepen expertise in areas of personal or professional interest. In addition, a capstone component allows students to apply theoretical knowledge to practical scenarios—whether through a research project, case study analysis, or engagement with financial industry partners.

Students develop analytical, decision-making, and communication skills highly valued by employers. Throughout the course, emphasis is placed on ethical practice, effective financial modelling, and data-driven analysis, ensuring graduates are equipped to respond to the challenges of a dynamic global financial environment. The course is suited to aspiring finance professionals, recent graduates from quantitative fields, and early- to mid-career professionals seeking career progression or specialisation in finance.

Located in Melbourne, an Australian hub for finance and commerce, students benefit from proximity to key industry players and may take advantage of practical learning opportunities. International students are supported by work rights of 48 hours per fortnight while studying. Graduates may be eligible for the Temporary Graduate visa (subclass 485) post-study work stream. Applicants must demonstrate English proficiency via IELTS, TOEFL iBT, PTE Academic, Cambridge C1 Advanced, or an approved university programme—see the official website for details and confirmation.

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 in banking, superannuation, and investment organisations
  • Corporate Finance Manager in listed companies or government
  • Investment Banker supporting mergers, acquisitions, and capital markets
  • Risk and Compliance Officer within financial institutions
  • Portfolio Manager overseeing funds management and asset allocation
  • Financial Consultant for private and public sector clients

Frequently asked questions

How long is the Master of Finance at University of Melbourne?

It typically takes 1.5 years, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$102,276 total. Fees change yearly — confirm with an advisor.

What are the career outcomes?

Financial Analyst in banking, superannuation, and investment organisationsCorporate Finance Manager in listed companies or governmentInvestment Banker supporting mergers, acquisitions, and capital marketsRisk and Compliance Officer within financial institutionsPortfolio Manager o...

Guides for this subject and the application

All guides →

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