Master of Finance (Enhanced)
4.1 /5
- Public University
Melbourne Business School
Talk to ExpertMaster of Finance (Enhanced) at University of Melbourne Overview
Master of Finance (Enhanced)
at University of Melbourne
The University of Melbourne is a prominent institution among PG students looking to pursue a Master of Finance (Enhanced) from abroad. The typical duration of the program is 2 years. It is among Australia’s top-ranked courses and is rated very highly by several prominent ranking platforms including Shiksha. Interested candidates must submit their admission applications as early as possible due to limited availability of seats.
The first year The University of Melbourne tuition fees for its Master of Finance (Enhanced) is around AUD 50,432. Students are also advised to plan for some other costs they may incur over the duration of studies, including accommodation, groceries, insurance, utilities among others. The average estimated cost of living is around AUD 19,188.
Duration | 2 years Get Curriculum |
Tuition & Fees | ₹35.75 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 (Enhanced)
Table of content
- Overview
- Fees
- Curriculum
- Entry Requirements
- Application Process
- Rankings
- Highlights
- Scholarships
Master of Finance (Enhanced) at University of Melbourne Fees
Master of Finance (Enhanced)
at University of Melbourne
The fee structure of the Master of Finance (Enhanced) at The University of Melbourne forms an important part of any decision-making process. The tuition fees in the first year will be AUD 50,432 and are compulsory for all students. However, this is only a part of the wider picture.
Apart from tuition cost students also need to consider living expenses, including accommodation, food, utilities. The University of Melbourne cost of living is AUD 19,188. One must take into consideration the fact that individual spending habits and any fees charged at The University of Melbourne might also affect the overall cost.
The table below comprises a concise summary of the structural divisions pertaining to the fee allocation for Master of Finance (Enhanced) course in The University of Melbourne.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 35,75,304 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 11,25,376 |
| Insurance | INR 38,298 |
Calculated at the exchange rate of 1 AUD = INR 58.65 | Tuition & expenses were last updated on 17ᵗʰ April 2025Master of Finance (Enhanced) at University of Melbourne Curriculum
Master of Finance (Enhanced)
at University of Melbourne
Latest curriculum for Master of Finance (Enhanced) at University of Melbourne can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MIM at University of Melbourne
Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
GMAT
GRE
Master of Finance (Enhanced) at University of Melbourne Entry Requirements
Master of Finance (Enhanced)
at University of Melbourne
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 75%
- Read less
- An undergraduate degree in a relevant discipline with a weighted average mark of at least H2A (75%), or equivalent with studies (12.5 points each) in Accounting (level 1), Corporate Finance (level 2), Investments (level 3) and Derivatives (level 3) or their equivalents
- Students who meet the minimum WAM requirements and have completed at least two of the above subjects are invited to apply
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GPA
Percentage
CGPA
Out of 4
TOEFL
- No specific cutoff mentioned
- With Writing 21, Speaking 18, Reading 13, Listening 13
-
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Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
GMAT
- No specific cutoff mentioned
- NA
PTE
- No specific cutoff mentioned
- Pearson Test of English (Academic) score should be between 58-64 inclusive and no communicative skill below 50
IELTS
- No specific cutoff mentioned
- 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
Sign-up to view details
Master of Finance (Enhanced) at University of Melbourne Application Process
Master of Finance (Enhanced)
at University of Melbourne
Step one
Additional documents required
- Submit academic transcripts
- Submit English Language Proficiency score
- Submit a personal statement outlining why applicants wish to be considered for the course
- Proof of GMAT/ GRE scores
Step two
Start your online application
Step three
Application fees for this course
AUD 120 = INR 7.04 Thousand
Mode of payment: Credit 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
Step four
Application deadline
Winter (June): 31st Mar
*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!
Master of Finance (Enhanced) at University of Melbourne Rankings
Master of Finance (Enhanced)
at University of Melbourne
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #18 | |
| #40 |
The University of MelbourneStudents Ratings & Reviews
4.1/5
19 Verified ReviewsVibe of Campus
- Academically oriented
- Multi-dimensional
- Stressful
- Friendly
Student Views
- 23% students never faced discrimination in this university
Internships3.7
Part time work3.9
Post study jobs3.7
Quality of faculty4.3
Student Life4.3
Value for money3.6
Public transportation4.5
Safety4.6
Indian Food4.7
Permanent Immigration3.7
S
Sparsh Sethi
Master of Social Policy - Batch of 2026
Offered by The University of Melbourne
5
Supportive college environment.
Tips: Do not come here expecting to land a part-time working gig as soon as you arrive. Things like that don't happen easily and take a lot of time. You eventually handle yourself after finding some initial difficulty adjusting to the cultural and ethnic changes in the city. Overall, Melbourne is one of the most accommodating places I've ever been to.
Likes (Quality of faculty): Students can have the time of their lives here. There's literally everything here that a student can ask for. With over two hundred clubs and societies, UniMelb forms one of the biggest student communities in the country, students are given the freedom to explore themselves.
Dislikes (Student Life): The faculty has complete knowledge about their subject, and even beyond that, they're the perfect mix of teacher and mentor. They also know how to maintain their boundaries from students and aren't very over-friendly or in your face with regards to your personal life.
Reviewed on 19 Sep 2025Read more
S
Sparsh Sethi
Master of Social Policy - Batch of 2026
Offered by The University of Melbourne
4.7
The university is quite expensive.
Tips: Do not expect to land a part-time role as soon as you arrive. It can take a lot of time. The education culture of Australia is experience-based, so it'll involve a lot of group discussions and class participation. Hence, it is essential to do the required readings before class in order to make the most of your learning experience.
Likes (Indian Food): There is a variety of options for Indian as well as any other country's food, so you won't get that feeling of homesickness. Since I've come here, I've had the best of experiences trying out different cuisines like Chinese, Japanese, Italian, Argentinean, and whatnot.
Dislikes (Value for money): I feel like the course is expensively priced, and it costs more than double what it does to a domestic student. Although I'm sure the courses provide value for money, I still feel they're at a price that might not be comfortable for everyone to bear.
Reviewed on 19 Sep 2025Read more
A
Anonymous
Master of Management (Finance) - Batch of 2025
Offered by The University of Melbourne
2.9
Diverse and different university experience.
Tips: Moving to Melbourne was a big change but a great cultural experience. The city is diverse and welcoming, though at the university, most of my classmates were from Asian countries, with very few Australian classmates. which was a cultural shift for me. I received the FBE graduate scholarship of approx. $25,000 AUD fee remission by applying directly at the university.
Likes (Indian Food): You can usually find lots of restaurants with different cuisines. One time meal costs anywhere from $23 to $35, depending upon the restaurant, cuisine, etc.
I usually prefer a blend of both, cooking at home 5-6 days and eating outside 1-2 days a week.
Dislikes (Value for money): Studying at the University of Melbourne felt like an interesting cultural experience, but academically and financially, it did not meet my expectations. The tuition fees are extremely high, and I didn't feel the value provided was justified at all. Many subjects were just plain theory rather than practical, leaving me less prepared for employment than I had hoped.
Reviewed on 24 Sep 2025Read more
M
Manya Kalra
Bachelor of Arts in Economics - Batch of 2026
Offered by The University of Melbourne
3.7
Finding part-time work can be challenging if you live in the city.
Tips: My transition was rather very personal and socially based. Things get very overwhelming when you leave the shadow of your parents and manage everything alone. Making friends was really difficult for me, and my studies consequently got affected. But over time, you realise that you won't get loyal friendships here. One of the funniest culture shocks was the Unisex Washrooms. Rest, people aren't conservative here, but I suggest you be safe from junkies, since they attack a lot. I couldn't get any scholarship from Unimelb despite getting 92.5% in 12th grade - CBSE. But from other students I know as of July 2023, you can get a grant of 10,000 AUD. Personally, UniMelb is too strict and stressful with studies. There aren't a lot of options if you're seeking courses like fashion studies. I'd suggest Monash for business-oriented subjects. The classes aren't interactive or individual-focused focused especially if you have an Asian tutor.
Likes (Public transportation): If you reside in the city, trams are super convenient, and student accommodation is well-located near the university. Myki cards with a concession cost $5 and are affordable, but many students don't use them often. There are also free tram zones that don't require a Myki card at all! If you need to travel from the suburbs, trains and buses are also super convenient, costing AUD 10 per trip.
Dislikes (Part time work): It is fairly difficult to secure on-campus jobs. Finding part-time work can be challenging if you live in the city. I've been searching for a job myself for the past year, although I did have a part-time job for three months during my first semester. Managing part-time work alongside academics is not difficult at all.
Reviewed on 23 Jul 2025Read more
Y
Yashita Malhotra
Bachelor of Commerce - Batch of 2025
Offered by The University of Melbourne
3.5
Life at UniMelb as an international student.
Tips: I received a scholarship. Initially, I felt a bit overwhelmed, and it took time to adjust to the new culture. However, things improved once I became more familiar with the place. The university is truly welcoming of multiculturalism.
Likes (Public transportation): The public transportation in Melbourne is said to be one of the most well-structured in the world. There are three options: trams, trains, or buses. It's easy to travel to any suburb, and intercity trains are affordable and easy to use.
Dislikes (Permanent Immigration): The chances of permanent immigration are very low in this country. The skills in demand are limited, and fields like PR and commerce, as well as related areas, don't contribute to them. Additionally, it's difficult to find an employer who can sponsor you to stay.
Reviewed on 30 Jul 2025Read more
View All 26 Reviews
Master of Finance (Enhanced) at University of Melbourne Highlights
Master of Finance (Enhanced)
at University of Melbourne
- Melbourne Business School's new Master of Finance (Enhanced) has been designed to equip the student with specialist technical knowledge preparing for a career in the ever-evolving finance sector, whilst also offering the opportunity to take full advantage of student experience options for electives and exchange
- The new Master of Finance (Enhanced) degree aims to provide graduates with a practical career-oriented program and detailed knowledge of the operations and activities of financial markets
Master of Finance (Enhanced) at University of Melbourne Scholarships
Master of Finance (Enhanced)
at University of Melbourne
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About the author
Akanksha Malhotra is a Content Writer / Editor at Shiksha.com's Study Abroad vertical, creating content for University pages. She is a seasoned education writer with 5+ years of experience, including writing articles for all-India and state levels, r...Read Full Bio
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Master of Finance (Enhanced) at University of Melbourne Contact Information
Master of Finance (Enhanced)
at University of Melbourne
Address
The University of Melbourne
Grattan Street, Parkville
Victoria 3010
Australia
Melbourne ( Victoria)
Phone
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