Coursework

Master of Finance (Enhanced)

  • CRICOS code: 0100877

Admission criteria

To be considered for entry into this course, you must:

  • Have completed an undergraduate degree in a relevant discipline with at least 12.5 points in each:
    • Accounting (Level 1)
    • Corporate Finance (Level 2)
    • Investments (Level 3)
    • Derivatives (Level 3), or their equivalents, AND
  • Have completed the Graduate Management Admissions Test (GMAT) or Graduate Records Examination (GRE), unless you have completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption, AND
  • Submit a personal statement outlining why you wish to be considered for this course.

Disciplines relevant to this course include finance.

If you meet the minimum WAM requirements and have completed at least two of the above subjects, you are invited to apply. If offered, you may be encouraged to take intensive online bridging subjects prior to the commencement of the course. Learn more about our online bridging subjects.

Meeting the published entry requirements for this course does not guarantee selection.
Where our admission criteria includes a minimum Weighted Average Mark (WAM) and/or specific subject criteria, these are based on University of Melbourne grades and subjects. If you've studied elsewhere, we'll assess your relevant prior studies and equivalent grades. Your final WAM may be adjusted depending on your previous institution's accreditation, subject grading, and pass marks.

Don't meet the prerequisite subject requirements?

You may have the option to enrol in specific single subjects through the University's Community Access Program, even if you are not enrolled in a course. Completing these prerequisite subjects may qualify you for entry into this course. Learn more about single subject study.

You can use our graduate coursework grade conversion eligibility calculator to get an indication of whether you are eligible for this course based on your previous studies and Weighted Average Mark (WAM).

Calculate your eligibility

English language requirements

All applicants to the University of Melbourne must satisfy the English language requirements. This may be achieved in a number of ways, including recognised previous study taught and assessed entirely in English or an approved English language test. If you are from a non-English speaking background, the required standard of English for this degree is one of the following English proficiency test scores:
  • English language test score requirements Chevron-down
  • If you need to undertake an English language test, you must meet one of the scores* below:

    • IELTS

      6.5


      with writing no less than 6.5 and other bands no less than 6.0

      TOEFL

      79+


      with writing 24; speaking 18; reading 13; listening 13

      PEARSON

      58+


      with written communicative skill of 58 and no other communicative skill below 50

      CAMBRIDGE

      176+


      with no skill less than 169
    *Accepted tests: IELTS (Academic English Only); TOEFL Internet-based test; Pearson Test of English Academic; Cambridge English: Advanced/Certificate of Advanced English (CAE). If a test displays N/A, it means it is not accepted for this course.

About selection

When assessing applications, the Selection Committee will consider your previous studies and academic performance.

The Selection Committee may request additional information to clarify any aspect of an application, according to the University’s Academic Board rules regarding selection instruments.

Meeting the published entry requirements for this course does not guarantee selection.

The Selection Committee will consider your GMAT or GRE score (if relevant) and your personal statement.

Additional information

If you discontinue from the Master of Finance (Enhanced) but have successfully completed 100 points of this course including completion of the four compulsory subjects, you may be eligible to receive the Graduate Diploma in Finance as an exit award.

If you discontinue from the Master of Finance (Enhanced) but have successfully completed the requirements of the 150-point Master of Finance, you may be eligible to receive the Master of Finance as an exit award.

Graduate Access Melbourne (GAM)

We encourage domestic students to explore eligibility for Graduate Access Melbourne (GAM). GAM offers an opportunity for admission to this course even if your tertiary marks are below the standard entry requirements. GAM applicants may also be considered for financial bursaries and Commonwealth Supported Places (CSPs) where available.

GAM categories include coming from a rural area, being an Indigenous Australian, experiencing financial hardship or personal difficulties, having refugee status, or living with a disability or medical condition. In assessing applications, we look to balance opportunity and your capacity to succeed.

Advanced Standing

Prior studies may be credited towards your degree and potentially reduce the duration of your course. This is known as Advanced Standing (also known as credit or recognition of prior learning).
For additional, in-depth details on entry requirements and admissions for this course, refer to the University Handbook.
Need more information on the University’s general entry requirements?