Master of Finance (Enhanced) (CRICOS course code 0100877) is a Masters Degree (Coursework) delivered by The University of Melbourne (UniMelb) over 2 years. This program is designed for students who want to deepen their knowledge in banking and finance, preparing for senior roles in the financial sector. The University of Melbourne, located in Parkville, Victoria, is one of Australia's leading universities and a CRICOS-registered provider (00116K). With over 1,500 CRICOS-registered providers and 26,000 courses available in Australia, the Master of Finance (Enhanced) stands out for its rigorous curriculum and strong industry connections. As a Masters by Coursework, students engage in advanced coursework rather than a research thesis, covering topics such as corporate finance, investments, risk management, and financial markets. This course falls under the field of Banking and Finance (081101) and is classified at AQF Level 9. Students will gain analytical skills and practical knowledge applicable to global financial environments. Melbourne, a vibrant multicultural city, offers a rich student life with numerous networking opportunities. The indicative total fee for this program is A$138,717, including tuition and non-tuition fees. International students must also consider health cover, living expenses, and visa costs. All data is sourced from the official CRICOS register as at April 2026. Read on for detailed information on entry requirements, delivery locations, and the application process.
The Master of Finance (Enhanced) (CRICOS 0100877) is a Masters Degree (Coursework) at AQF Level 9, delivered by The University of Melbourne (CRICOS 00116K). The course is classified under the field of Banking and Finance (081101) and is designed to provide advanced knowledge in financial theory, quantitative methods, and financial markets. The University of Melbourne is a Group of Eight university and consistently ranks among the top universities globally. This program is ideal for graduates seeking to accelerate their career in finance, investment banking, or corporate finance. All CRICOS-registered courses are protected under the ESOS Act, ensuring quality education and student rights. As a CRICOS-registered provider, The University of Melbourne meets strict Australian Government standards for international student education.
While specific subjects are subject to change, students in the Master of Finance (Enhanced) typically explore advanced topics in corporate finance, investments, derivative securities, risk management, and financial econometrics. The program emphasizes analytical and decision-making skills through case studies, simulations, and real-world projects. Graduates are prepared for roles such as financial analyst, portfolio manager, or risk consultant. The course is structured as a coursework degree, meaning students complete a set of taught subjects rather than a research thesis, making it a practical pathway into the finance industry.
According to the CRICOS register, the Master of Finance (Enhanced) has a duration of 104 weeks (2 years). The language of instruction is English. This is a single qualification (not a dual degree) and does not include a foundation studies component. The course is delivered on a full-time basis, and international students must maintain full-time enrolment to comply with student visa conditions.
The indicative tuition fee for this course is A$138,567, with non-tuition fees of A$150, giving an estimated total of A$138,717. Please note that these fees are indicative only, sourced from the CRICOS register as at April 2026, and are subject to change by The University of Melbourne. Additional costs not included in the estimate are Overseas Student Health Cover (OSHC), living expenses (e.g., accommodation, food, transport), and the student visa application charge. For current fees, always verify with the provider's official website: http://www.unimelb.edu.au/.
General entry requirements for this Masters degree typically include a recognised bachelor's degree in finance or a related field with a strong academic record. English language proficiency is required, with an indicative IELTS score of 6.5 to 7.0 overall (or equivalent). Some applicants may need to complete a Graduate Diploma in Finance as a pathway. For precise entry requirements, including prerequisite subjects and minimum scores, consult the University of Melbourne's admissions page. HeadStart Academy recommends confirming all requirements directly with the provider.
This course does not include a mandatory work component. However, international students on a Student visa (Subclass 500) may undertake voluntary work or paid work subject to visa conditions.
The Master of Finance (Enhanced) is delivered at The University of Melbourne's main campus in Parkville, Victoria. Parkville is a suburb located approximately 2 km north of Melbourne's central business district, easily accessible by public transport including trams and trains. Melbourne is home to over 200,000 international students and has a vibrant, multicultural atmosphere. The city offers a range of student accommodation, from on-campus options to private rentals, with indicative weekly costs for rent between $200 and $500 depending on location and type.
International students enrolling in this course will need to apply for a Student visa (Subclass 500). Key requirements include being enrolled in a CRICOS-registered course, meeting genuine temporary entrant (GTE) criteria, maintaining Overseas Student Health Cover (OSHC), and demonstrating sufficient financial capacity to cover tuition, living costs, and travel. Student visa holders can work up to 48 hours per fortnight during term and unlimited hours during scheduled breaks. Always check current visa conditions on the Department of Home Affairs website.
Follow these three steps to apply as an international student:
1. Research CRICOS-registered providers: Use the official CRICOS register to verify that The University of Melbourne (00116K) is registered and the course (0100877) is current. Filter by course level, field, and location to confirm it meets your goals.
2. Apply directly to your chosen institution: Prepare your academic transcripts, English language test results, and any other required documents. Check application deadlines on The University of Melbourne's website. Submit your application online through the university's admissions portal. Some courses may require a personal statement or references.
3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa: Once accepted, the university will issue a CoE. Use this to apply for a Student visa (Subclass 500) via the Department of Home Affairs. Ensure you have OSHC and meet GTE requirements.
Melbourne is a leading global financial hub, home to the headquarters of major banks, investment firms, and the Australian Securities Exchange (ASX) operations. Studying finance here offers access to internships, networking events, and career opportunities. The city has over 10 CRICOS-registered universities and numerous private colleges offering finance courses. The cost of living for a single student is estimated at A$1,500 to A$2,000 per month, including rent, groceries, and transport. Melbourne's public transport system (trams, trains, buses) is extensive, and students can access discounts with a myki card. The city is consistently ranked among the world's most liveable cities, with a diverse cultural scene and strong support services for international students.
Ready to apply? Start your research on CRICOS-registered providers today, and contact The University of Melbourne for the latest admission requirements.
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Master of Finance (Enhanced) 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.