Finance

The Master of Finance at The University of Melbourne is a comprehensive and rigorous program designed to equip students with advanced knowledge and practical skills in the field of finance. This degree offers a deep understanding of financial markets, investment strategies, corporate finance, risk management, and financial analysis, preparing graduates for a wide range of careers in finance, banking, investment management, and consulting. The program combines theoretical frameworks with real-world applications, enabling students to analyze complex financial problems and develop innovative solutions in dynamic economic environments. Through a blend of lectures, case studies, and project work, students will gain proficiency in financial modelling, quantitative analysis, and decision-making processes essential for success in the finance industry. The curriculum is regularly updated to reflect the latest trends and developments in the global financial landscape, ensuring that graduates are well-versed in current practices and regulatory environments. Located in Melbourne’s thriving financial hub, the university offers students valuable networking opportunities with industry professionals and access to leading financial institutions. The Master of Finance is suitable for recent graduates seeking to specialize in finance, as well as experienced professionals looking to advance their careers or transition into the financial sector. The program emphasizes analytical skills, strategic thinking, and ethical considerations, fostering responsible financial practices. With small class sizes and personalized support, students receive individual attention and mentorship throughout their studies. Graduates of the program are well-prepared to pursue leadership roles, contribute to innovation in financial services, and analyze complex financial data with confidence. The Master of Finance at The University of Melbourne is an ideal choice for those aiming to develop a solid foundation in finance, sharpen their quantitative skills, and enhance their career prospects in a global marketplace.

ENTRY REQUIREMENTS

1. In order to be considered for entry, applicants must have completed:

• an undergraduate degree in any discipline, or equivalent; and
• a statement of intent outlining why they wish to be considered for the course.
• TOEFL Paper based test - a score of 577 or more, Internet based test - a score of 79
• IELTS an overall band score of 6.5 or more in the Academic International English Language Testing System (IELTS), with no bands less than 6.0.

2. In ranking applications, the Selection Committee will consider:

• prior academic performance; and
• the statement of intent.

Notes:

1. All applicants need to apply for the 200 point program and if they have successfully completed an undergraduate degree in a business/commerce or related discipline may be awarded up to 50 points of credit into a 150 point version of the program
2. Students who discontinue from the Master of Management (including any of its named streams) but have successfully completed the requirements of the Graduate Certificate in Management or the Graduate Diploma in Management will be eligible to receive the Graduate Certificate in Management or the Graduate Diploma in Management, respectively, as an exit award.

The University of Melbourne offers comprehensive financing options for students enrolled in its Finance programs, aimed at making higher education accessible and affordable. Domestic students can access government subsidized loans such as HECS-HELP, which helps cover tuition fees, reducing upfront financial burdens. Additionally, students may be eligible for Austudy or Scholarship programs based on merit, financial need, or specific criteria set by the university or governmental bodies. International students are typically required to pay full tuition fees upfront; however, they can explore external scholarship opportunities, employer sponsorship, or student loan plans available in their home countries to support their studies.

The university provides detailed guidance and support through its Financial Aid Office, helping students identify suitable financial assistance programs, including scholarships, bursaries, and grants. Financial planning services are also available to help students budget their expenses effectively throughout their course duration. For students seeking part-time work, Melbourne’s vibrant city environment offers numerous employment opportunities, and the university’s Career Centre provides resources for job placement and internships in finance-related fields.

Tuition fees vary depending on the specific Finance program and whether students are domestic or international. For domestic students, the cost is often subsidized by government schemes, which significantly lowers the financial burden. Students may also choose to take advantage of payment plans, allowing them to spread out tuition fee payments over the duration of their course. Payment options are flexible and designed to accommodate students' financial situations.

Overall, the University of Melbourne prioritizes student financial wellbeing and offers a range of support mechanisms to facilitate access to its Finance programs. Students are encouraged to explore all available options early in their academic planning to ensure they can manage their finances effectively throughout their studies.

The University of Melbourne offers a comprehensive Bachelor of Commerce with a specialisation in Finance, designed to provide students with a solid foundation in financial principles, markets, and analysis. This program equips students with essential skills to understand and interpret financial data, make informed investment decisions, and manage financial risks effectively. The curriculum covers core areas such as financial accounting, managerial finance, corporate finance, financial markets and institutions, as well as advanced topics like investment analysis, derivatives, and financial modeling. Students have opportunities to develop practical skills through case studies, simulations, and industry projects, preparing them for diverse careers in banking, investment management, financial consulting, and corporate finance. The program combines theoretical knowledge with real-world applications, fostering critical thinking and analytical abilities. Students also benefit from the university’s strong links with the finance industry, facilitated through guest lectures, internships, and networking events, which enhance their employability upon graduation. The degree is designed to be flexible, allowing students to tailor their electives according to their interests and career goals. The University of Melbourne’s emphasis on research-led teaching ensures students are learning the latest developments in financial theory and practice. Graduates of the program are well-prepared to work in a global financial environment and pursue further study, such as a master's degree in finance or an MBA. The program maintains high academic standards and is accredited by relevant professional bodies, ensuring graduates meet industry requirements. Overall, the Bachelor of Commerce in Finance at the University of Melbourne offers a rigorous academic experience combined with practical industry exposure, aiming to produce highly competent finance professionals ready to contribute to the financial sector domestically and internationally.