Masters in Finance Colleges in Australia: Rankings, Fees, Courses, Eligibility and more

Masters in Finance Colleges in Australia deals with different facets of finance like professional financial services, accounting, financial mathematics, mathematical finance and public accounting financial analytics, insurance management, financial risk and strategic management and management in financial strategies. According to QS Ranking 2023, around 15 Australian Universities are ranked in the top 150 Finance Colleges in the world. The tuition fee for pursuing Masters in Finance in Australia ranges around 34,000-70,000 AUD (19.35 L INR to 39.85 L INR). The duration of the courses range from one to two years depending upon the chosen university.
Also see: Finance Colleges in Australia

• After graduation, an accounting and finance student can earn an average salary of 67,500 AUD (38.37 lakhs INR) per year.
• Masters in Finance in Australia is one of the popular streams among students due to the immense job opportunities and continuously increasing salaries of accounting and finance graduates.
• The top companies hiring now for finance jobs are Queensland Health, Deloitte, Plenti, Department of Transport, Pernod Ricard, Australian Taxation Office, Petrofac, Hudson Australia, Deakin University, University of Tasmania.
• More than 20 scholarships are available covering full-tuition fees and cost of living.

Best Masters in Finance Colleges in Australia

Other Masters in Finance Colleges in Australia

Masters in Finance Colleges in Australia: Admission Requirements

University of New South Wales, Sydney

• A recognised bachelor degree (or equivalent qualification) with a credit average (65% or higher).
• A major (at least seven courses) in finance within the bachelor degree.
• English Proficiency Test Scores: IELTS 6.5
• Updated Resume
• Statement of Purpose

Monash University

• Prerequisite subjects are English, Maths and Sciences.
• Work experience in a related field (recommended)
• English Proficiency Test Scores: IELTS 6.5 | TOEFL: 79 or above
• Updated Resume
• Letter of Recommendation

University of Melbourne

• An undergraduate degree in a relevant discipline with a weighted average mark of at least H2A (75%), or equivalent with studies (12.5 points each) in Accounting (level 1), Corporate Finance (level 2), Investments (level 3) and Derivatives (level 3) or their equivalents.
• English Proficiency Test Scores: IELTS 6.5 | TOEFL: 79 or above
• Statement of Purpose
• Updated Resume

University of Sydney

• Have specialization in subjects like Corporate advisory, Financial planning, Fund management, Investment banking, Commercial bankers, Financial Analysts, Financial Accountancy, Financial Economy, Stock trade, Financial Regulations, with a minimum GPA of 4.5/7.0
• Statement of Purpose
• Updated Resume
• Letter of Recommendation

University of Adelaide

• Bachelor's degree in Accounting, Business Technology Management, Finance, Entrepreneurship, Marketing, Operations and Logistics or Organizational Behaviour and Human Resources.
• Work experience in a related field (recommended)
• English Proficiency Test Scores: IELTS 6.5 | TOEFL: 79 or above
• Updated Resume
• Letter of Recommendation

How to choose universities?

Studying engineering in Australia is an ideal choice since the educational system in Australia is known for its quality, research, welcoming environment and affordability. Australia is one of the top destinations selected for technical education, since some of the best universities in the world for finance are located in the country. Once you have decided which university you want to study in, start searching for the best universities offering that course. After the shortlisted universities, try to analyze how much is the return of investment, including, rankings, job opportunities, fees, course structure, research opportunities, etc. After that, use tools like University Comparer, to have comparison between universities shortlisted. Before finalizing, look at your budget, and the location of the university, and the student profiles of students who graduated to give an idea on how the career of the students who graduated from the university of your choice were.

After that, fill the application form, pay the application fees, wait for the university's decision, and if you have received an offer, you can proceed with the application for a student visa.

FAQs

Ques. Is Australia good for studying Masters in Finance?

Ans.Masters in Finance in Australia is one of the popular streams among students due to the immense job opportunities and continuously increasing salaries of accounting and finance graduates. According to QS Ranking 2023, around 15 Australian Universities are ranked in the top 150 Finance Colleges in the world. The top companies hiring now for finance jobs are Queensland Health, Deloitte, Plenti, Department of Transport, Pernod Ricard, Australian Taxation Office, Petrofac, Hudson Australia, Deakin University, University of Tasmania.

Ques.How much does it cost to study Masters in Finance in Australia?

Ans.The tuition fee of the popular Australian universities offering Master's in Finance ranges around 34,000-70,000 AUD (19.35 L INR to 39.85 L INR).

Ques.Is Finance career in demand in Australia?

Ans.After completion of masters in Finance in Australia, students can look for jobs in sectors like Banks and Insurance Companies, Corporate Management, Brokerage Firms, Investment Services and International Financial Management. There are currently 47 500 people employed in Banking and Finance in Australia. According to the Department of Employment over the next 5 years, there will be more than 5 000 additional job openings within this profession.

Ques.What is the average salary for Finance graduates in Australia?

Ans.After graduation, an accounting and finance student can earn an average salary of 67,500 AUD (38.37 lakhs INR) per year.

Ques.Are Scholarships available for international students?

Ans. Yes, each university offers financial assistance for the need- based students. You must check the portal of the university to verify your eligibility.