Master of Finance and Business Economics (CRICOS 056498F)

Course Overview

The Master of Finance and Business Economics is a 2-year full-time program (104 weeks) taught entirely in English. It is a single qualification with no dual award or foundation studies component. The course is designed for students seeking to deepen their understanding of financial markets, economic policy, and quantitative methods. As a Masters Degree (Coursework) at AQF Level 9, it typically requires prior undergraduate study in a related field. The University of Adelaide is a government-owned university with a strong research focus, consistently ranked among the world's top 100 universities. The course code 056498F is registered on CRICOS, meaning it meets Australian Government quality standards for international education. Prospective students can verify the course's current registration status at cricos.teqsa.gov.au.

What You'll Study

This program falls under the broad field of Management and Commerce (Field of Education 08), specifically within Banking, Finance and Related Fields. Students explore advanced topics in financial management, economic analysis, investment strategies, and risk assessment. The curriculum integrates theoretical frameworks with practical applications, preparing graduates for leadership roles in finance and economics. Typical learning outcomes include the ability to analyse complex financial data, evaluate economic policy impacts, and make evidence-based decisions. While specific syllabus details should be confirmed with The University of Adelaide, this level of study emphasises critical thinking, research skills, and professional ethics. Graduates often pursue careers as financial analysts, economists, portfolio managers, or policy advisors. The field of 081199 covers a wide range of specialised finance and economics topics not elsewhere classified, making this degree highly adaptable to various industry needs.

Duration and Study Mode

According to the CRICOS register, the Master of Finance and Business Economics has a duration of 104 weeks (2 years) for full-time study. The language of instruction is English, and the course is delivered as a single qualification with no dual award. There is no mandatory work component, but students may undertake optional internships or work experience. The University of Adelaide offers flexible study options including on-campus attendance at its North Terrace campus. Part-time study may be available for eligible students, but international student visa holders are generally required to maintain full-time enrolment. The 2-year duration is standard for Australian Masters degrees in this field, allowing sufficient time for deep engagement with complex subjects and potential industry placements. The course is structured in semesters, with intakes typically in February and July. Always check the provider's website for the most current study mode options.

Fees (Indicative)

The indicative tuition fee for the Master of Finance and Business Economics is A$99,800 for the full 2-year program. Non-tuition fees are estimated at A$730, bringing the total cost to approximately A$100,530. These figures are sourced from the CRICOS register as at April 2026 and are subject to change by The University of Adelaide. Importantly, this estimate does not include Overseas Student Health Cover (OSHC), living expenses, or the Student visa (Subclass 500) application charge. For the 2025-2026 period, OSHC costs roughly A$600-A$1,000 per year for single cover. Living costs in Adelaide are lower than in Sydney or Melbourne, with average weekly rent for a student around A$200-A$350, plus groceries (A$80-A$150 per week) and public transport (A$40-A$70 per week). Total living expenses are estimated at A$24,000-A$30,000 per year. International students should budget for the full cost of study and living before applying. Always confirm current fees with the provider at adelaide.edu.au.

Entry Requirements (General Guidance)

Entry to the Master of Finance and Business Economics typically requires an Australian Bachelor degree (or equivalent) in a relevant discipline such as finance, economics, or business. Applicants with other backgrounds may be considered with relevant work experience or additional study. English language proficiency is essential: The University of Adelaide generally expects an IELTS overall score of 6.5-7.0, with no band below 6.0 (or equivalent test like TOEFL or PTE). Some programs may have higher requirements. Foundation or pathway options, such as a Graduate Diploma, may be available for students who do not meet direct entry criteria. Always check the specific entry requirements on the provider's website, as they can vary. Admission is competitive, and meeting minimum requirements does not guarantee a place. International students must also satisfy the Genuine Temporary Entrant (GTE) criterion for their visa application. HeadStart Academy recommends contacting The University of Adelaide's admissions team for personalised guidance.

Work Component

This course does not include a mandatory work component. However, international students on a Student visa (Subclass 500) are permitted to work up to 48 hours per fortnight during term time and unlimited hours during scheduled breaks. This allows students to gain practical experience and offset some living costs. Many students in finance and economics programs seek internships or part-time roles in Adelaide's growing financial sector. The University of Adelaide's career services can assist with job placements. It's important to note that work hours are subject to visa conditions, and students must not compromise their study commitments. The absence of a mandatory work component means the course is entirely structured around academic learning, but students are encouraged to engage in extracurricular professional development.

Delivery Locations

The Master of Finance and Business Economics is delivered at The University of Adelaide's North Terrace campus in Adelaide, South Australia. Adelaide is the capital city of South Australia, with a population of around 1.4 million, including a vibrant international student community of over 40,000. The city is known for its affordable cost of living, with average weekly rent for a student apartment around A$250-A$350, and public transport costs of about A$40 per week with a student concession. The North Terrace campus is located in the cultural and educational precinct of the city, within walking distance of libraries, museums, and the Adelaide Botanic Garden. Public transport options include buses, trams, and trains, making it accessible from all suburbs. Adelaide is home to over 50 CRICOS-registered providers offering a wide range of courses. The city's relaxed lifestyle and strong job market in finance and economics make it an attractive study destination.

Student Visa Information

International students enrolling in this course will need a Student visa (Subclass 500). Key requirements include: Confirmation of Enrolment (CoE) from the provider; evidence of financial capacity to cover tuition, living costs, and OSHC; English language proficiency; and a genuine intention to stay temporarily (GTE criterion). OSHC is mandatory for the duration of the visa. Work rights: up to 48 hours per fortnight during term, unlimited during breaks. Dependents may accompany and have similar work rights. The visa application fee is currently A$710 (subject to change). Always check the Department of Home Affairs website for up-to-date requirements. HeadStart Academy is not a registered migration agent; we recommend consulting a MARA-registered agent for individual advice. ESOS Act protections apply to all CRICOS-registered courses, ensuring tuition fee protection and quality standards.

How to Apply

Applying for the Master of Finance and Business Economics at The University of Adelaide is straightforward. Follow these three steps:

1. Research CRICOS-registered providers: Use the CRICOS register to verify that The University of Adelaide (CRICOS 00123M) and this course (056498F) are currently registered. HeadStart Academy's free resource can help you compare courses and providers.

2. Apply directly to your chosen institution: Visit the University of Adelaide's website (adelaide.edu.au) to find the course page, review detailed entry requirements, English test scores, and application deadlines. Submit your application online with supporting documents (transcripts, CV, statement of purpose). Some applicants may need to provide GMAT or GRE scores.

3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa: If accepted, the university will issue a CoE. Use this to apply for a Student visa (Subclass 500) online. Prepare evidence of financial capacity, OSHC, and GTE statement. Visa processing times vary; apply early.

For personalised support, contact the university's international admissions team.

Ready to apply? Start your journey with a CRICOS-registered provider. Visit The University of Adelaide's website for application details.

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