Master of Finance
4.0 /5
- Public University
Melbourne Business School
Talk to ExpertMaster of Finance at University of Melbourne Overview
Master of Finance
at University of Melbourne
The University of Melbourne offers Master of Finance at PG level. Available for Indian students, this course can be completed in 18 months. To be eligible, Indian students should have required scores in exams such as IELTS, TOEFL, GRE, GMAT and PTE. Also, they have to submit all the mandatory documents as part of the admission process. For an Indian student the budget to study at The University of Melbourne should include tuition and cost of living. The first-year The University of Melbourne tuition fee for Master of Finance is AUD 37,984 (INR 2,598,865). The cost of living is approx AUD 30,507 (INR 2,087,289). The cost of living covers accommodation, food, travel, books, supplies and other expenses.
Duration | 18 months Get Curriculum |
Tuition & Fees | ₹25.32 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Finance
Table of contents
Master of Finance at University of Melbourne Fees
Master of Finance
at University of Melbourne
Students can pursue The University of Melbourne Master of Finance at an affordable cost. The university tuition fees for the program is AUD 37,984 (INR 2,598,865). Apart from tuition fees, students also manage additional costs such as Hostel & Meals, Transportation, Books and Supplies, Personal Expenses, etc. The total expense may vary at the university, depending on the additional charges levied by the The University of Melbourne.
International students have to make a budget to manage the cost of living, which is AUD 30,507 (INR 2,087,289).
Students can check the table below for The University of Melbourne Master of Finance fee breakup:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 25,31,770 |
| Application Fee | INR 8,665 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 20,33,401 |
| Insurance | INR 43,458 |
Calculated at the exchange rate of 1 AUD = INR 66.653595 | Tuition & expenses were last updated on 29ᵗʰ July 2026Master of Finance at University of Melbourne Curriculum
Master of Finance
at University of Melbourne
International students can check the green button below for the The University of Melbourne Master of Finance . The course PDF comprises information such as subjects taught, electives available, other course content, and semester-wise course structure breakup.
Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
GMAT
GRE
Master of Finance at University of Melbourne Entry Requirements
Master of Finance
at University of Melbourne
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read less
- To be considered for entry into this course, Students must have completed
- An UG degree with a major in finance or with a major sequence in finance that includes the following subjects
- O Financial Accounting (ACCT10002) or equal
- O Corporate Finance (FNCE20005) or equal
- O Investments (FNCE30001) or equal
- O Derivatives Securities (FNCE30007) or equal
- If Students have satisfied all the requirements for a Master of Finance offer, except for the Derivative Securities subject, you may be made an offer conditional upon completing an online intensive version of this subject prior to commencement of the course
- If Students do not have a prior degree majoring in finance they are excluded from entry to this degree
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GPA
Percentage
CGPA
Out of 10
TOEFL
- Marks - 79/120
- Read less
-
with writing 21; speaking 18; reading 13; listening 13
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Convert your CGPA to GPA
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 10
GMAT
- No specific cutoff mentioned
- NA
PTE
- Marks - 64/90
-
with no communicative skill below 60
-
IELTS
- Marks - 6.5/9
- Read less
-
with no band less than 6.0
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
-
GRE
- No specific cutoff mentioned
- NA
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Master of Finance at University of Melbourne Application Process
Master of Finance
at University of Melbourne
Step one
Additional documents required
- Transcripts and detailed information related to all previous studies
- Evidence of meeting the University's English language requirements
- GMAT or GRE score
- Copy of passport
- If applicant studied outside of Australia or New Zealand, they need to provide their Official syllabus or subject descriptions (in English) for subjects that they believe cover the following pre-requisite subjects below. Syllabus details should include topics/themes covered, modes of assessment, content hours and reading lists (if any).
Step two
Start your online application
Step three
Application fees for this course
AUD 120 = INR 8.0 Thousand
Mode of payment: Credit card, Debit card
- University allows students to pay their tuition fee in two equal installments during an academic year
- Applicants need to select an appropriate payment plan at the time of enrollment as per their requirement, Standard Instalment (One-time payment), and Dual Instalment. If they do not select either of the plans then Standard installment plan will be the default plan for them
Master of Finance at University of Melbourne Rankings
Master of Finance
at University of Melbourne
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #21 | |
| #32 |
The University of MelbourneStudents Ratings & Reviews
4/5
32 Verified ReviewsStudent Views (Based on Reviews)
- 29% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Stressful
Friendly
Internships3.7
Part time work3.8
Post study jobs3.6
Quality of faculty4.3
Student Life4.2
Value for money3.4
Public transportation4.3
Safety4.3
Indian Food4.4
Permanent Immigration3.5
A
Anonymous
Master of Data Science - Batch of 2024
4.9
University of Melbourne Review
Tips: Be prepared for cultural shock. Making friends can be hard sometimes. Once you have a circle and good classmates, it gets easy with time. Make the most of your student life, apart from studies lot of opportunities to participate in student unions and events.
Likes (Indian Food): A lot of food options in the city, from India and vegetarian options. The city is filled with cuisines to try and explore. I prefer cooking most so I can spend less and save more. But depends on how good you are at cooking. Also, even if you don’t cook, you can always find spots that are cheap to eat out.
Dislikes (Internships): There are plenty of internships on the university’s career website, and easy to find unpaid opportunities in the city as well via LinkedIn. Sometimes networking helps a lot in getting internships. Connect with your seniors and professors to check in if they have any leads.
Total Monthly ExpenseAUD 2975
Prepping time for classes26 hours/Week
Expected Annual SalaryAUD 73650
A
Anonymous
Graduate Diploma in Built Environments (Advanced) - Batch of 2026
4.2
Research oriented university with vibrant campus life
Tips: The education system is very different from our country's. Everything is on the computer. My course only had one exam, and the rest were assignments. Yes, I availed myself of a scholarship. I didn't avail myself of it separately. It was automatically provided with my application. There are other scholarships that had to be availed related to the course and electives we are taking.
Likes (Permanent Immigration): One of the biggest draws of studying at the University of Melbourne is how well-structured the post-study pathways are out here. Australia uses a straightforward, points-based immigration system which makes the transition from a UniMelb degree to a post-study work visa feel incredibly clear-cut. The government actively hunts for skilled professionals to fill gaps in major industries, so graduation from a top institution right in the heart of Victoria gives you a massive competitive edge in the local job market. Honesty, the main reason I'd consider making the permanent move is the sheer quality of life and the work-life balance they have out here. Securing permanent residence doesn't just mean a stable career—it unlocks full access to their healthcare system and social services and sets up a direct path to citizenship. Living in a city like Melbourne while building a career under PR is a huge step up.
Dislikes (Internships): In my course, we have one unit dedicated to internships, but it is optional, and we only have to find it. There are industry nights that are conducted by student societies (Urban Collective in my case), but they happen once a year only. There are internships available, but they are very hard to get.
0Reviewed on 12 Jun 2026Read more
A
Anonymous
Master of Social Work - Batch of 2025
3.5
A breakthrough institution.
Tips: Definitely a lot of cultural change. I do feel there is an underlying racism in Australia although I didn't quite see that commonly translated in my University thankfully. I applied for several scholarships, which covered a significant portion of my tuition fees. Some scholarships are also available once students start the course as they are determined by academic merit.
Likes (Post study jobs): For social work, there are several companies willing to offer jobs that enable students to comfortably apply for a temporary graduate visa which can also be applied for without having a job.
In social work, jobs are clinical and non-clinical in nature. Salary packaging starts from 70000.
Dislikes (Value for money): I thought the tuition fees were a bit exorbitant compared to the QS/World ranking of my department/University. I do feel the academic rigour could also be slightly more, as the subjects were more descriptive than practical. There was a lot of spoonfeeding in terms of how to do assignments which followed rigid criteria instead of allowing some room for creativity.
Total Monthly ExpenseAUD 3500
Prepping time for classes30 hours/Week
Expected Annual SalaryAUD 72325
A
Anonymous
Master of Data Science - Batch of 2025
3.9
The university doesn't offer dedicated placement offers.
Tips: I personally haven't received any scholarship throughout my degree. People who are planning to join the university, especially for the Data Science course should make sure their math and statistics foundation is pretty good because students have to take at least 2 statistics subjects each semester.
Likes (Safety): Me and my friends haven't come across any trouble during our time at the university. The university has well-equipped facilities to ensure the students are safe in and out of the campus, they have dedicated lines for harassment, racism, and other safety issues. I personally haven't experienced any bad situations during my time in Melbourne for about 2 years.
Dislikes (Post study jobs): The university doesn't offer dedicated placement offers, it is best recommended for students to start looking out for jobs at the start of their final year. There are quite a few companies that offer a sponsor visa and it is hard for international students. People can get into roles like Data & AI consultant, Data Scientist, ML engineer, GenAI engineer, and Data analyst. Freshers can expect 70,000-80,000 as a starting salary.
Total Monthly ExpenseAUD 1700
Prepping time for classes20 hours/Week
Expected Annual SalaryAUD 74425
A
Anonymous
Master of Environmental Science - Batch of 2025
4.6
Multicultural and respectful community.
Tips: I think all the classes happen in a more practical way than theory and that's the most amazing part about it! There is not much exam pressure! There are easy subjects and sometimes putting in the best effort helps and it's very multicultural. Too good.
Likes (Post study jobs): I think all the universities here have a good amount of career fairs that help students get jobs. They have good connections and world class facilities that help in overall development. I think it also means you have to put in your effort in searching for opportunities by doing volunteering or unpaid internships as they count as very important experience.
Dislikes (Student Life): The socialising is amazing, but sometimes after the class there are not many class events. If they could have more involved sessions, it would be great! I think finding your community could take time but it gets easier when you join clubs and chapters and part time jobs.
Total Monthly ExpenseAUD 900
Prepping time for classes27 hours/Week
Expected Annual SalaryAUD 68250
View All 42 Reviews
Master of Finance at University of Melbourne Highlights
Master of Finance
at University of Melbourne
- The Master of Finance is a specialist finance degree that provides you with comprehensive training and knowledge that goes beyond a finance major in an undergraduate degree.
- This program covers at least 70% of all 3 levels of the CFA Program Candidate Body of Knowledge topics, the CFA Institute ethical and professional standards and other CFA Program Partner requirements.
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at University of Melbourne
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Master of Finance at University of Melbourne Contact Information
Master of Finance
at University of Melbourne
Address
The University of Melbourne
Grattan Street, Parkville
Victoria 3010
Australia
Melbourne ( Victoria)
Phone
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