Master of Commerce (Decision, Risk and Financial Sciences) (CRICOS course code 092761G) is a Masters Degree (Coursework) delivered by The University of Melbourne (UniMelb) over 2 years. This CRICOS-registered programme is designed for those seeking advanced knowledge in investment and securities, with a focus on decision sciences and risk management. As a student at one of Australia's leading universities, you'll gain skills highly valued in the global finance sector. This page provides an overview of fees, entry requirements, delivery locations, and visa guidance to help you plan your study in Australia. All information is sourced from the official CRICOS register as at April 2026.
Master of Commerce (Decision, Risk and Financial Sciences) (CRICOS course code 092761G) is a Masters Degree (Coursework) delivered by The University of Melbourne (UniMelb) over 2 years. This programme falls under the field of education 08 - Management and Commerce, specifically 0811 - Banking, Finance and Related Fields, and 081105 - Investment and Securities. It is designed to equip graduates with advanced analytical and decision-making skills for careers in finance, risk management, and investment. As a CRICOS-registered course (provider CRICOS 00116K), it meets the standards required for international student enrolment. The University of Melbourne is a Group of Eight institution and consistently ranks among the top universities globally.
This program focuses on the fields of investment and securities, combining theoretical frameworks with practical applications. Students typically study advanced topics in financial decision-making, risk assessment, quantitative methods, and portfolio management. The curriculum is designed to develop expertise in modelling financial risks, analysing investment opportunities, and making data-driven decisions. While specific subjects may vary, graduates at this AQF Level 9 (Masters Degree) are expected to demonstrate advanced knowledge and skills in their chosen specialisation, preparing them for leadership roles in the financial sector.
According to the CRICOS register, the course duration is 2 years (104 weeks). The language of instruction is English. This is a single qualification (not a dual degree) and does not involve foundation studies or a VET component. Students should expect a full-time study commitment with classes held on campus. As with all CRICOS-registered courses, the institution must deliver the program as approved, ensuring consistency and quality.
Tuition fees for this course are indicative and sourced from the CRICOS register: A$128,084. Non-tuition fees are listed at A$150, giving an estimated total of A$128,234. Please note: Overseas Student Health Cover (OSHC), living costs, and the visa application charge are not included. Fees are set by The University of Melbourne (UniMelb) and are subject to change. Always confirm current fees directly with the university at http://www.unimelb.edu.au/ before applying.
Typical entry requirements for this Masters level course include an IELTS overall score of 6.5–7.0 (or equivalent), and a recognised bachelor's degree in a related field. Applicants should check specific academic prerequisites with the provider. Foundation or pathway options, if available, are determined by the university. HeadStart Academy recommends consulting the institution's website for the most accurate and detailed entry criteria.
This course does not include a mandatory work component. However, international students on a Student visa (Subclass 500) may undertake voluntary or paid work subject to visa conditions. Work rights are detailed in the student visa section below.
This course is delivered at The University of Melbourne — PARKVILLE, VIC 3010. Parkville is located in metropolitan Melbourne, Victoria's capital city. Melbourne is home to over 300 CRICOS-registered providers and a large international student community. The city offers excellent public transport, including trams and trains, connecting the campus to accommodation and lifestyle hubs. Indicative living costs in Melbourne are around A$1,500–$2,200 per month for rent, groceries, and transport, though this varies by individual.
To study this CRICOS-registered course, international students require a Student visa (Subclass 500). Conditions include: maintaining enrolment in a CRICOS-registered course, meeting Genuine Temporary Entrant (GTE) requirements, holding Overseas Student Health Cover (OSHC), and demonstrating financial capacity to cover tuition, living costs, and travel. Work rights allow up to 48 hours per fortnight during term and unlimited hours during scheduled breaks. For visa advice, consult a registered migration agent (MARA) or the Department of Home Affairs.
Follow these three steps to apply for Master of Commerce (Decision, Risk and Financial Sciences) at The University of Melbourne (UniMelb):
1. **Research CRICOS-registered providers**: Use the CRICOS register to verify that The University of Melbourne (provider CRICOS 00116K) and this course (092761G) are registered. Filter by course level (Masters Degree), field (Investment and Securities), and location (Melbourne) to find your best options.
2. **Apply directly to your chosen institution**: Review entry requirements (including English language test scores) and application deadlines on the university's website. Submit your application along with supporting documents such as transcripts, test results, and references.
3. **Receive your Confirmation of Enrolment (CoE) and apply for your Student visa**: Once accepted, the university issues a CoE. Use this to apply for a Student visa (Subclass 500) online through the Department of Home Affairs. Ensure you meet GTE, OSHC, and financial capacity requirements.
Melbourne is Australia's second-largest city and a global education hub with over 300 CRICOS-registered providers catering to thousands of international students. The city offers a vibrant cultural scene, diverse food options, and reliable public transport including trains, trams, and buses. Living costs are typical for a major Australian city: rent for a one-bedroom apartment in the city centre averages A$1,800–$2,500 per month, with groceries and transport adding $600–$1,000. The University of Melbourne's Parkville campus is easily accessible via tram from many suburbs. Consider your budget, climate preferences, and lifestyle when choosing Melbourne.
Ready to apply? Visit The University of Melbourne's website to check current fees, entry requirements, and application deadlines.
View the full The University of Melbourne (UniMelb) profile →
Master of Commerce (Decision, Risk and Financial Sciences) 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.