Master of Business (Economics, Finance & Marketing) (CRICOS course code 079679M) is a Masters Degree (Research) delivered by Royal Melbourne Institute of Technology over 2 years. This research-focused master's degree allows students to delve into advanced topics in economics, finance, and marketing. RMIT is a leading Australian university located in Melbourne's central business district, known for its strong industry connections and research output. As a Masters Degree (Research) (AQF Level 9), this program is designed for those seeking to pursue a career in academia or high-level research positions in the private or public sector. The course is registered on CRICOS under code 079679M, ensuring it meets Australian standards for international students. Melbourne offers a vibrant multicultural environment, with over 100,000 international students from 170 countries. Prospective students should consider the cost of living, which is estimated at around A$22,000–A$30,000 per year for accommodation, food, and transport. This page provides detailed information on fees, entry requirements, and the application process for this course at RMIT.
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Master of Business (Economics, Finance & Marketing) (CRICOS course code 079679M) is a Masters Degree (Research) (AQF Level 9) delivered by Royal Melbourne Institute of Technology over 2 years. This course is classified under the field of education 08 - Management and Commerce, specifically 0811 - Banking, Finance and Related Fields (081101 - Banking and Finance). As a research degree, it emphasises independent study and original research, culminating in a thesis. RMIT is a government-owned university with a strong reputation in business and finance research. The course is designed to prepare graduates for doctoral study or senior research roles in economics, finance, and marketing. Students in this program benefit from RMIT's partnerships with industry, access to state-of-the-art research facilities, and a vibrant academic community. The course is delivered at RMIT's main campus in Melbourne's CBD, providing easy access to the city's financial district and business networks. With a duration of 104 weeks, this full-time program requires a commitment to rigorous academic study and research.
The Master of Business (Economics, Finance & Marketing) focuses on advanced theoretical and quantitative skills in economics, finance, and marketing. Graduates at this level typically develop expertise in economic analysis, financial modelling, and marketing strategy. Research components involve designing and conducting original research, critically analysing literature, and presenting findings. This field of education prepares students for careers in banking, investment, consulting, and academia. Students will engage with contemporary issues such as behavioural economics, risk management, and digital marketing. The program encourages interdisciplinary approaches and the application of theory to real-world problems. While specific subjects may vary, the research focus ensures a deep understanding of methodological frameworks and ethical considerations in business research.
This course runs for 2 years (104 weeks) as per the CRICOS register. It is delivered in English and is a single qualification (no dual awards). The program is offered on a full-time basis, requiring students to devote significant time to research and coursework. RMIT may offer flexible study options, but international students must maintain a full-time enrolment to comply with visa conditions. The 104-week duration includes both structured coursework and a research thesis. Students are expected to complete their studies within this timeframe, though extensions may be possible under exceptional circumstances. It is important to note that this course does not include any foundation studies or vocational components. The language of instruction is English, and proficiency is essential for success. RMIT provides support services for international students, including academic language and learning skills. The single qualification structure means students graduate with a single master's degree without additional awards.
Tuition fees for the Master of Business (Economics, Finance & Marketing) are set at A$78,720 (indicative, sourced from the CRICOS register). Non-tuition fees are estimated at A$746, bringing the total to A$79,466. These fees are subject to change and do not include Overseas Student Health Cover (OSHC), living expenses, or the visa application charge. Always check the RMIT website for current fees. International students should budget for additional costs such as textbooks, stationery, and personal expenses. Indicative living costs in Melbourne are around A$22,000-A$30,000 per year. Student visa (Subclass 500) holders are required to have OSHC, which costs approximately A$500-A$700 per year for single cover. The Department of Home Affairs also requires evidence of sufficient funds to cover tuition, travel, and living costs for the first year.
English language requirements vary by provider, but for this level, a typical IELTS score of 6.5-7.0 overall is expected, with no band less than 6.0. Prior qualifications should include a bachelor's degree in a related field (e.g., economics, finance, business) with a strong academic record. RMIT may also consider relevant work experience. For specific requirements, refer to RMIT's website. If you do not meet direct entry, RMIT offers pathway programs such as postgraduate diplomas or certificates. Applicants with an Australian bachelor's degree (or equivalent) with at least a credit average are typically considered. Some research experience or a demonstrated interest in research may strengthen your application. Foundation studies are not applicable for this level, but bridging courses exist for those with non-business backgrounds.
This course does not include any mandatory work component. Students are not required to undertake work placement or internships as part of the program. However, RMIT may offer optional industry projects or networking opportunities. Note that student visa holders are allowed to work up to 48 hours per fortnight during term and unlimited hours during scheduled breaks, subject to visa conditions. While not required, engaging in extracurricular work or research collaborations can enhance your experience. Always ensure any work complies with your visa conditions and does not interfere with your studies. The Master of Business (Economics, Finance & Marketing) is a research-focused degree, so students are expected to dedicate most of their time to thesis work. If you wish to gain industry experience, consider internships offered outside the course or during breaks.
This course is delivered at RMIT University's main campus at 124 Latrobe Street, Melbourne, VIC 3000. Melbourne is Victoria's capital city, home to over 70 CRICOS-registered providers and a large international student community. The campus is centrally located, with excellent access to public transport (trains, trams, buses). Melbourne is known for its affordable living compared to Sydney, with weekly rent for a shared apartment ranging from A$200 to A$400. The city offers a vibrant cultural scene, diverse cuisine, and numerous recreational activities. The state of Victoria has a strong economy with opportunities in finance, technology, and education. RMIT's campus is within walking distance to the CBD's financial district, making it convenient for networking and industry connections.
Melbourne offers a dynamic environment for business research. With over 70 registered providers and a strong job market, it's a popular destination. Consider the cost of living, networking opportunities, and the city's cultural diversity. Research degrees require self-motivation and time management. Ensure the program aligns with your career goals, whether in academia or industry. Also check faculty expertise and research facilities at RMIT. The Master of Business (Economics, Finance & Marketing) is a significant commitment, so it's wise to review the research areas of potential supervisors. Remember that all listed providers are CRICOS-registered, and HeadStart Academy provides data from the official CRICOS register (April 2026) to help you make an informed decision.
International students require a Student visa (Subclass 500) to study this course. The visa allows you to study full-time in a CRICOS-registered program. You must maintain satisfactory attendance and academic progress. Work rights allow up to 48 hours per fortnight during term and unlimited hours during scheduled breaks. You must also maintain Overseas Student Health Cover (OSHC) for the duration of your stay. Visa applicants must satisfy the Genuine Temporary Entrant (GTE) requirement, demonstrating a genuine intention to stay temporarily for study. Financial capacity requirements include evidence of funds for tuition, living costs (at least A$21,041 per year), and travel. The student visa also requires you to have a valid Confirmation of Enrolment (CoE) from RMIT. After completing your course, you may be eligible for a Temporary Graduate visa (Subclass 485) to work in Australia.
Applying for the Master of Business (Economics, Finance & Marketing) at RMIT involves three steps:
Step 1: Research CRICOS-registered providers. Use HeadStart Academy (headstartacademy.com.au) to filter by course level (Masters Degree Research), field (Management and Commerce), and location (Melbourne). Confirm this course (079679M) meets your goals.
Step 2: Apply directly to RMIT. Check entry requirements including English test scores (e.g., IELTS, TOEFL) and academic transcripts. Submit your application through RMIT's online portal before the deadline. Prepare a research proposal if required.
Step 3: Receive your Confirmation of Enrolment (CoE) from RMIT and apply for your Student visa (Subclass 500). Ensure you have OSHC and funds for living costs. Apply for the visa through the Department of Home Affairs.
Explore more Masters Degree (Research) courses in Victoria on HeadStart Academy.
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Master of Business (Economics, Finance & Marketing) 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.