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postgraduate

Degree

Master of Management (Finance) (Coursework)

Course code: #MC-MGMTFIN

postgraduate

Degree

Master of Management (Finance) (Coursework)

Quick facts

  • Annual tuition (2022)

    $48,904 AUD

  • Application fee

    $100 AUD

  • Duration

    2 years

  • PSW

    2 years

  • Min GPA

    50 out of 100

  • CRICOS code

    064502D

Options
Internship
Practicum

These items are optional and you can choose them as you wish after applying for the course.

Deadlines

Term start& deadline Deadline
Fall-February 31-October-2022 2022-10-31
Winter-July 30-April-2023 2023-04-30
Fall-February 31-October-2023 2023-10-31
Winter-July 30-April-2024 2024-04-30

Overview

Master of Management (Finance)

The Master of Management (Finance) at The University of Melbourne will equip you with the professional skills and knowledge to prepare you for the finance profession. 

The program provides you with a foundation in the various business disciplines and builds a strong base of knowledge in the discipline of finance. 

As the program progresses, you will focus on advanced studies in finance that enhance your skills in financial analysis.

This degree is ideal for anyone holding an undergraduate degree in an area outside of business/commerce whose goal may be to assume a managerial position in finance.

The program is offered as a 1.5-year full-time option (part-time equivalent available for domestic students) if you have previously completed an undergraduate degree in business, commerce or a related discipline.

Injecting industry into your experience

Consulting Subjects: MBS offers Business Practicum and Global Business Practicum subjects, which see groups of students undertake a real business consulting project over 10 days for an organisation within Australia or overseas.

Internships: The internship subject offers you the opportunity to complete a placement in an area related to your studies whilst earning credit towards your Master’s degree. 

Estimate your cost

Residency
Count of person

$68,604

Total costs

yearly

Details


Cost of living 1 person $10,212
Accommodation 1 bed room $19,700
Tuition 1 person $48,904

Hourly wage

Min wage

23.23 AUD / 1 hour

in Australia every student can work 48 hour per fortnight

Required documents

  • Academic/Official Transcripts
  • Proof of English Language Proficiency (If Applicable)
  • Passport or Visa Documents
  • Official translations of documents in a language other than English
  • Personal Statements, Portfolios or Results from Aptitude Tests may also be required

Language requirements

GRE
not required
GMAT
not required

IELTS

6.5
6
listening
6
writing
6
speaking
6
reading

TOEFL

79
13
listening
21
writing
18
speaking
13
reading

PTE

58
50
listening
50
writing
50
speaking
50
reading

Cambridge

176
169
listening
169
writing
169
speaking
169
reading
Language pathway (conditional offer) is available

Applicants to the Melbourne Business School who meet the following English language entry requirements and all other academic requirements for entry to their chosen program (including GMAT where applicable) may be eligible for the pathway options.

 

CourseDirect EntryIELTS (Academic)TOEFL (internet-based test)Pearson Test of English (Academic)
UMELBP Prep
(10 weeks)
N/A5.5 (no band less than 5.0)46 + writing 14; speaking 14; reading 4; listening 542 with no communicative skill below 36
UMELBP
(10 weeks)
Successful completion of UMELBP Prep6.0 (no band less than 5.5)60 + writing 18; speaking 16; reading 8; listening 750 with no communicative skill below 42

 

Exclusions

Master of Entrepreneurship
Master of Enterprise
Master of Finance / Master of Finance (Enhanced)
Master of Supply Chain Management
Graduate Certificate in Business (online)
Research students are not eligible for UMELBP.
Students applying for the Master of Marketing, Master of Business Analytics or the MBA suite are not eligible for UMELBP.


Academic background and requirement

  1. To be considered for entry, you must have completed the following:
    • An undergraduate degree in ANY discipline or equivalent; and
    • A personal statement outlining why you wish to be considered for the course
  2. In ranking applications, the Selection Panel will consider the following:
    • Prior academic performance (in previous intakes, a University of Melbourne equivalent 70 weighted average mark has been competitive);
    • A personal statement outlining why you wish to be considered for the course;
    • An interview or any other evidence required by the Panel (if required)

Career opportunities

  • Banker
  • Financier
  • Financial Analyst
  • Financial planner
  • Finance Manager
  • Fund Manager
  • Stockbroker

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