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Graduate Coursework

Master of Finance

  • Course code: MC-FINANCE
Clock
Duration
18 months full time / 3 years part time
Location
Mode (Location)
On Campus (Parkville)
Calendar-month
Intake
February, July
Key dates
Dollar
Fees
Commonwealth supported places (CSPs) available
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Entry pathways
Special entry options and Access Melbourne are available
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Master of Finance How to apply Enquire
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Entry requirements

Admission criteria

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

  • an undergraduate degree with a major in finance or with a major sequence in finance that includes the following subjects:
    o Financial Accounting (ACCT10002) or equivalent;
    o Corporate Finance (FNCE20005) or equivalent;
    o Investments (FNCE30001) or equivalent;
    o Derivatives Securities (FNCE30007) or equivalent.
  • 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.

If you 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. Learn more about bridging subjects.

If you do not have a prior degree majoring in finance you are excluded from entry to this degree. Instead, you are encouraged to consider the Master of Management (Finance).

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

      7.0

      with no band less than 6.5

      TOEFL

      94+

      with writing 24; speaking 20; reading 19; listening 20

      PEARSON

      65+

      with writing 75; speaking 54; reading 61; listening 57

      CAMBRIDGE

      185+

      with no skill less than 176
    *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.

Additional information

If you discontinue from the Master of Finance 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.

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?
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