Master of Finance (CRICOS course code 0100876) is a Masters Degree (Coursework) delivered by The University of Melbourne (UniMelb) over 1 year 6 months (~78 weeks). This page provides comprehensive information about the course, including fees, entry requirements, delivery locations, and student visa guidance. The University of Melbourne (CRICOS 00116K) is a publicly funded, internationally recognised institution located in Parkville, Victoria. As a CRICOS-registered provider, UniMelb meets Australian Government standards for offering courses to international students. HeadStart Academy sources all data directly from the official CRICOS register as at April 2026, ensuring accuracy and trustworthiness. Whether you're a recent graduate or a working professional seeking to advance your career in finance, this page helps you make an informed decision.
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Master of Finance (CRICOS course code 0100876) is a Masters Degree (Coursework) at AQF Level 9, delivered by The University of Melbourne (UniMelb) over 1 year 6 months (~78 weeks). The course falls under the field of education 08 - Management and Commerce, specifically 081101 - Banking and Finance. This program is designed for students who wish to develop advanced knowledge and skills in finance, including investment analysis, risk management, and financial modelling. Graduates are typically well-prepared for senior roles in banking, corporate finance, and investment management. The course is offered in English and is a single qualification (no dual award). It does not include a foundation studies component or a mandatory work component. As a CRICOS-registered course, it meets Australian Government standards for international students.
This Masters Degree (Coursework) in Finance covers advanced topics in banking and finance. Students typically study core financial theories, quantitative methods, financial markets, and corporate finance. The curriculum often includes subjects such as derivatives, portfolio management, and international finance. While specific subjects are set by the university, graduates at this level are expected to demonstrate critical analysis, complex problem-solving, and strategic decision-making skills in financial contexts. The course is structured to provide both theoretical foundations and practical applications, using case studies and real-world data. Note that this description is a general guide; for the exact syllabus, refer to The University of Melbourne's official course documentation.
The Master of Finance has a duration of 1 year 6 months (~78 weeks) as recorded on the CRICOS register. The course is delivered in English and is a single qualification. Study mode is typically full-time on campus at the University of Melbourne. Students should expect a intensive schedule with approximately 12-14 hours of contact time per week plus significant independent study. The university may offer part-time options for domestic students, but international students on student visas must generally maintain full-time enrolment. For the most up-to-date information on study modes and timetables, check the provider's website.
The indicative tuition fee for the Master of Finance is A$102,276, with non-tuition fees of A$150, giving an estimated total of A$102,426. These figures are sourced from the CRICOS register as at April 2026 and are set by The University of Melbourne (UniMelb). Please note that fees are subject to change and may vary depending on your study load and year of commencement. Additionally, the following costs are not included in the above amounts: Overseas Student Health Cover (OSHC), living expenses, and the student visa application charge. For current fee schedules, always confirm directly with the university's fee page. HeadStart Academy recommends budgeting for total costs of at least A$70,000 per year for living expenses in Melbourne, including accommodation, food, and transport.
Entry requirements for the Master of Finance typically include an undergraduate degree in a relevant field (e.g., finance, economics, or accounting) with a strong academic record. The University of Melbourne generally requires an IELTS score of 6.5 to 7.0 overall, with no band less than 6.0 (or equivalent for other English tests). Some applicants may need to demonstrate prior knowledge in quantitative subjects like mathematics or statistics. This is a coursework degree, so research experience is not typically required. Foundation or pathway programs are not part of this course, but the university offers alternative pathways such as a Graduate Diploma if you do not meet direct entry criteria. Always refer to the provider's official entry requirements for the most accurate and current information.
No work component: This course does not include a mandatory work component. However, as an international student on a Student visa (Subclass 500), you are permitted to work up to 48 hours per fortnight during term and unlimited hours during scheduled course breaks. These work rights are granted by the Department of Home Affairs and are subject to visa conditions. The course itself does not require you to undertake internships or placements, but you may choose to seek extracurricular work in finance-related roles to enhance your experience. Always comply with visa work conditions.
The Master of Finance is delivered at The University of Melbourne — Parkville, Victoria. Parkville is a suburb adjacent to Melbourne's central business district (CBD), offering excellent public transport access via trams and trains. Melbourne is Victoria's capital city, home to over 5 million people and a vibrant student community. There are over 1,500 CRICOS-registered providers in Australia, many of which are based in Melbourne. The city is known for its cultural diversity, affordable living compared to Sydney, and strong job market in finance. Typical living costs in Melbourne include weekly rent of A$250–A$400 for shared accommodation, groceries around A$80–A$120, and public transport ~A$50 per week (with student discounts).
International students studying this Master of Finance will typically apply for a Student visa (Subclass 500). To obtain this visa, you must be enrolled in a CRICOS-registered course (like this one) and provide evidence of financial capacity, English proficiency, and genuine temporary entrant (GTE) status. Visa holders can work up to 48 hours per fortnight while their course is in session and unlimited hours during scheduled breaks. You are also required to maintain Overseas Student Health Cover (OSHC) for the duration of your stay. The ESOS Act protects your rights as an international student, including access to refund policies and grievance procedures. For detailed visa information, consult the Department of Home Affairs or a registered MARA migration agent. HeadStart Academy does not provide migration advice.
Melbourne consistently ranks as one of the world's most liveable cities, with a strong economy and a large international student population. The city is a hub for finance and banking, with major employers such as ANZ, NAB, and Macquarie Group having headquarters or major offices here. Studying at The University of Melbourne places you in the heart of this ecosystem, providing networking and internship opportunities. However, consider the cost of living: Melbourne is cheaper than Sydney but more expensive than Adelaide or Brisbane. Public transport is excellent, and the city offers diverse cultural experiences. If you value a dynamic urban environment with a strong finance sector, Melbourne is an excellent choice. For alternative locations, explore other finance courses in Sydney or Queensland.
Follow these three steps to apply for the Master of Finance at The University of Melbourne:
1. **Research CRICOS-registered providers** – Use HeadStart Academy's course finder to compare Master of Finance programs across Australia. Filter by course level, field, and city to find the best fit.
2. **Apply directly to your chosen institution** – Visit The University of Melbourne's official website to check entry requirements, English test scores (e.g., IELTS 6.5-7.0), and application deadlines. Submit your application online with all required documents.
3. **Receive your Confirmation of Enrolment (CoE) and apply for your Student visa** – Once accepted, you'll receive a CoE. With that, apply for a Student visa (Subclass 500) through the Department of Home Affairs. Ensure you have OSHC, sufficient funds, and meet GTE requirements.
Ready to take the next step? Use our course finder to compare similar Master of Finance programs or visit The University of Melbourne's official website for application details.
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Master of Finance is a CRICOS-registered programme at The University of Melbourne (UniMelb). Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.