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

Master of Finance (Enhanced)

at University of Melbourne · Melbourne, Victoria

CRICOS course code

0100877

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$138,567 total

Per year

A$69,284/yr

Intake

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

About this program

The Master of Finance (Enhanced) at the University of Melbourne is a two-year advanced degree designed for those seeking a deep and comprehensive understanding of finance and its applications in both Australian and global contexts. Across four semesters, students complete a carefully curated set of units of study that build strong technical knowledge in areas such as financial analysis, investment management, corporate finance, quantitative methods, and financial markets. The structure includes core units and electives, allowing students to develop specialised expertise aligning with their career goals.

This qualification, positioned at the postgraduate level within the Australian Qualifications Framework (AQF), requires the completion of a designated number of credit points through a mix of coursework and, typically, a capstone research project or thesis. The capstone experience is designed to combine advanced analytical skills with real-world problem-solving, reflecting industry standards and research-led teaching in Melbourne’s vibrant financial hub. Where appropriate, work-integrated learning opportunities or industry engagement modules may be offered to enhance practical understanding and professional networks.

Graduates will emerge with advanced quantitative and qualitative skills, capable of analysing complex financial data, managing portfolios, and making informed strategic decisions. The course also develops leadership, ethical reasoning, and communication skills, all highly sought after in the competitive finance sector. This programme is ideal for recent graduates from finance or related disciplines, as well as professionals aiming to elevate their expertise for senior roles in banking, investment, corporate finance, or financial consultancy.

International students are required to demonstrate English language proficiency, such as an IELTS Academic score of 6.0–6.5. While enrolled, international students may work up to 48 hours per fortnight, and upon successful completion may become eligible for the Temporary Graduate visa (subclass 485) post-study work stream, valuable for those wishing to establish professional experience in Australia’s dynamic finance industry. Applicants should review all requirements and details on the official University of Melbourne page and the CRICOS register.

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, corporate, or investment sectors
  • Investment Manager at superannuation funds, asset management firms, or hedge funds
  • Risk Manager for financial institutions or large corporations
  • Corporate Finance Specialist in advisory or in-house finance teams
  • Quantitative Analyst for financial technology firms
  • Financial Consultant working independently or with consulting firms
  • Research Analyst in academic, public sector, or think-tank settings

Frequently asked questions

How long is the Master of Finance (Enhanced) 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$138,567 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Financial Analyst in banking, corporate, or investment sectorsInvestment Manager at superannuation funds, asset management firms, or hedge fundsRisk Manager for financial institutions or large corporationsCorporate Finance Specialist in advisory or in-house finance teamsQuantitat...

Guides for this subject and the application

All guides →

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