Master of Finance (CRICOS course code 077516B) is a Masters Degree (Coursework) delivered by Royal Melbourne Institute of Technology over 2 years. This course offers advanced training in banking, finance, and related fields, preparing graduates for senior roles in financial institutions, corporate finance, and investment management. RMIT is a government university with CRICOS registration 00122A, ensuring compliance with Australian standards for international students. The course is delivered at RMIT's Melbourne campus, located on Latrobe Street in the heart of the city. Melbourne is Australia's second-largest city and a major education hub, with over 200,000 international students and more than 200 CRICOS-registered providers. Studying in Melbourne offers access to a dynamic financial district, diverse cultural experiences, and excellent public transport. HeadStart Academy sources all data from the official CRICOS register as at April 2026, covering 1,556 providers and 26,433 courses. ESOS Act protections apply to every CRICOS-registered course, safeguarding your tuition and welfare.
The Master of Finance falls under the field of education 081100 - Banking, Finance and Related Fields, n.f.d., at AQF Level 9 (Masters Degree Coursework). This level typically involves advanced theoretical and practical knowledge in finance, including financial analysis, risk management, investment strategies, and corporate finance. Graduates gain skills in quantitative analysis, financial modeling, and decision-making. While the specific curriculum is set by RMIT, students can expect to engage with contemporary issues in global finance, ethics, and regulatory frameworks. The course is designed for those seeking to deepen their expertise or transition into finance from other fields. As a CRICOS-registered course (077516B), it meets Australian education standards for international students.
The Master of Finance is a 2-year program, equivalent to 104 weeks on the CRICOS register. Instruction is in English, and it is a single qualification (no dual degree). The course does not include a mandatory work component, meaning there is no internship or placement built into the curriculum. However, student visa holders can undertake work during their studies (see Student Visa section below). The duration is typical for AQF Level 9 courses, and RMIT may offer flexible study modes; check the provider's website for current delivery options such as full-time, part-time, or online.
Tuition fees for the Master of Finance are indicative at A$100,800 for the full program, with additional non-tuition fees of A$746, making an estimated total of A$101,546. These fees are sourced from the CRICOS register as of April 2026 and are set by Royal Melbourne Institute of Technology. Please note that fees are subject to change and do not include Overseas Student Health Cover (OSHC), living expenses, or the student visa application charge. For current fees, visit RMIT's website directly. Melbourne's cost of living for a single student is approximately A$30,000–A$40,000 per year, including rent (A$250–A$400 per week), groceries, and transport. Always budget for OSHC (around A$600–A$800 per year) and the visa application fee (A$710 as of 2026).
For international students, entry to the Master of Finance typically requires a recognized bachelor's degree in a relevant field (e.g., finance, accounting, economics) or equivalent professional experience. English language proficiency is a key requirement: an overall IELTS score of 6.5–7.0, with no band below 6.0 (or equivalent in TOEFL, PTE, etc.). Some applicants may need to complete pathway programs or foundation studies; RMIT offers options like the Graduate Certificate or Diploma in Finance as a pathway. It is essential to check RMIT's specific entry requirements on their website, as they may change. Note that meeting minimum requirements does not guarantee admission.
This course is delivered at RMIT University's Melbourne campus: 124 Latrobe Street, Melbourne, VIC 3000. This central location is within walking distance of Parliament Station, Melbourne Central Station, and numerous tram routes. Melbourne is known for its vibrant arts scene, diverse food culture, and strong financial services sector, making it an ideal place for finance studies. The city has over 200 CRICOS-registered providers and a large student community. Public transport costs about A$9 per day with a Myki pass. For more on studying in Victoria, see our Victoria study guide.
International students need a Student visa (Subclass 500) to study this course. As a CRICOS-registered course of more than 2 years, you may be eligible for a post-study work visa upon completion. Standard visa conditions include: maintaining enrollment, satisfactory attendance, and adequate health insurance (OSHC). Student visa holders can work up to 48 hours per fortnight during term and unlimited hours during scheduled breaks, subject to visa conditions. You must also satisfy the Genuine Temporary Entrant (GTE) requirement and demonstrate financial capacity. HeadStart Academy is not a MARA agent; consult the Department of Home Affairs or a registered migration agent for personalized advice.
Follow these three steps to apply: 1. Research CRICOS-registered providers: Use the CRICOS register to confirm RMIT's registration (00122A) and that the Master of Finance (077516B) is listed. 2. Apply directly to RMIT: Submit an application through RMIT's International Admissions portal. Have your academic transcripts, English test scores, and other documents ready. Check application deadlines (typically for February and July intakes). 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500): Once RMIT issues a CoE, lodge your visa application with evidence of GTE, OSHC, and financial capacity. Remember, all CRICOS-registered courses are protected under the ESOS Act.
Melbourne is Australia's financial capital after Sydney, hosting major banks, investment firms, and fintech startups. The city consistently ranks as one of the world's most liveable and student-friendly cities. With over 200,000 international students from 170 countries, you'll find a supportive community. Public transport is extensive, with trams, trains, and buses. The cost of living is moderate: expect A$250–A$400 per week for a shared apartment, A$100 for groceries, and A$9 daily transport. Melbourne's climate is temperate, with four seasons. The city offers diverse cultural events, food scenes, and outdoor activities. For finance students, networking opportunities through industry events and RMIT's strong corporate connections are invaluable. Consider your personal preferences for city size, weather, and lifestyle when choosing Melbourne.
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Master of Finance is a CRICOS-registered programme at Royal Melbourne Institute of Technology. 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.