Is a Master of Finance worth it in Australia?

Masters in Finance in Australia is no doubt a great career option, and many students globally are pursuing this nowadays. Pursuing an MS in Finance in Australia is a widely sought-after professional degree course around the world. The course offers an advanced-level learning program in the domain of Finance to undergraduate students who already have a solid understanding of the subject. This blog will elaborate on the various top universities that offer Masters in Finance in Australia, their eligibility criteria for students, course fees, and other important aspects. 

Masters in Finance in Australia: Quick Highlights


Courses Available

Master of Commerce: Finance | Master of Finance

Course Type

Full-time | Part-time

Program Duration

1-3 years

Degree Requirement

Bachelor's degree in commerce, finance, or any related discipline

GPA Required

4.5 GPA on a 7.0 scale (65%)

English Proficiency Requirements

IELTS scores: 6.5 to 7.0

Masters in Finance in Australia Fees (Annual Tuition Fees)

34,000-73,000 AUD (18-39 lakhs INR)

Annual Salary Range

81,000 AUD (44 lakhs INR)



Top Universities: Masters in Finance in Australia

In this list below we are mentioning the top universities as per the QS News World University Ranking of 2024, the following universities are the top 10:

QS Ranking 2024

Name of the University

Application Deadline

Tuition Fees (AUD)

14

University of Melbourne

October 31, 2024

52,448

19

University of Sydney

June 25, 2024

54,000

19

University of New South Wales

Rolling Basis

35,760

34

Australian National University

Rolling Basis

46,680

43

University of Queensland

June 30, 2024

48,160

89

University of Adelaide

Rolling Basis

49,900

90

University of Technology, Sydney

April 30, 2024

73,512

162

University of Wollongong

June 30, 2024

67,392

183

Curtin University

Applications closed

34,671

#189

Queensland University of Technology

Rolling Basis

36,800


Above mentioned are the Top universities for masters in finance in Australia


Finance Courses in Australia


Australia is no doubt one of the highly searched destinations abroad for pursuing an MS in Finance. The country is a hub for several leading professionals in the world of finance and also offers a good number of opportunities for research and learning at its universities. Given below are some of the finance courses offered in Australia.


  • Master of Finance and Marketing

  • Master of Applied Finance

  • Master of Finance

  • Master of Business

  • Master of Finance Planning

  • Master of Actuarial Science

  • Master of Banking and Finance

  • Master of Finance and International Banking

  • Master of Commerce


Eligibility Criteria: Masters in Finance in Australia


Universities in Australia provide a specific set of eligibility criteria which is different for each university for students or aspirants who wish admission into the MS in Finance course. However, there are some standard and commonly acceptable admission requirements for the course which are listed below for reference: 


  • Bachelor’s or Undergraduate degree is required in Corporate Finance, Accounting, Investments, or a related field of study

  • A minimum score of 280-340 on the GRE and 625-700 on the GMAT is required

  • A minimum score range of 6-7 in IELTS is a requirement

  • A valid passport and student visa to Australia are a must

  • Prior work experience in the field (preferred but not mandatory)


In addition to the above criteria, you are required to keep the following documents handy for submission with application for admission:


  • Statement of Purpose (SOP)


  • Academic High School Transcripts

  • Proof of funds

  • Updated CV

  • Letter of Recommendation from a previous institution or employer (as the case may be)

  • A personal essay is required highlighting your intent to study MS in Finance in Australia


Conclusion:

Masters in Finance in Australia is no doubt a great opportunity. If you need further information, contact Education Vibes freely. 

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