Master of Business Administration [M.B.A]/Master of Applied Finance
$31,450 /Yr
University of Newcastle Master of Business Administration/Master of Applied Finance is a Level 9 masters combined degree. The historical full-time face-to-face format was taught at Newcastle City, ran for two years and required 160 units. For any future intake, tuition is unpublished; 2026 tuition was A$46,295 (INR 31.52 Lakhs), as a prior-cycle reference. The final detailed handbook listed Trimester 1, Trimester 2 and Trimester 3, and applicants were eligible with an honours degree, a related bachelor degree or specified organisational experience.
The MBA (Master of Business Administration) component develops broad skills in accounting, marketing, management, leadership and strategy. The MAF (Master of Applied Finance) component adds financial management, Australian and international markets, derivatives and analytical finance practice. That structure suited applicants who wanted management breadth with a finance specialisation, although the discontinuation removes this option for new Indian applicants.
- The combined curriculum required 130 core units and 30 units selected from a course list.
- International onshore full-time delivery was listed at Newcastle City across three prior-cycle trimesters.
- University academic support and NUPrep preparation courses were recorded as available to prospective students.
Current Admission Status
Applications for the 2026 intake are Closed. International student deadline: Not applicable.
The 2026 programme handbook states that the programme is being discontinued and is no longer available to new students. Indian applicants should not treat prior deadlines, fees or scholarships as a route into a future intake.
Also Check: University of Newcastle postgraduate admission
Newcastle MBA/Applied Finance Fees and Living Costs 2026
The programme has no applicant-accessible future cycle, so the fee evidence below is useful only for historical budgeting and continuing-student context. The 2026 official schedule lists an indicative annual international tuition of A$46,295 (INR 31.52 Lakhs) for program code 40145.
Cycle context: These are 2026 prior-cycle references, not a confirmed fee for a future intake. The university does not publish a current application fee or a future double-degree tuition because the programme is discontinued.
| Fee item | Amount in AUD | INR equivalent | Cycle and scope |
|---|---|---|---|
| International tuition, indicative annual fee | A$46,295 | INR 31.52 Lakhs | 2026 prior-cycle reference, program 40145 |
| Student Services and Amenities Fee (SSAF), annual maximum | A$373 | INR 25,394 | 2026 prior-cycle reference, full-time international study |
All INR conversions in the article use a conversion rate of AUD 1 = INR 68.0792 as of 21 August 2026. Rates fluctuate daily, verify before applying.
Source: University of Newcastle 2026 International Fee Paying Postgraduate Coursework Indicative Annual Fees and SSAF Costs.
The indicative tuition is an annual planning figure rather than a guaranteed invoice. Because the historical full-time duration was two years, a student would need to confirm fee loading, payment timing and any remaining liability directly before relying on this figure.
- The annual tuition is the major funding exposure, so an Indian applicant would have needed a loan plan that covered two years rather than one payment.
- The SSAF is separate from tuition and should not be folded into the living-cost estimate.
- No future fee can be calculated from the 2026 reference because the university has not announced a new intake for this double degree.
Cost of Living in Newcastle for MBA/Applied Finance Students
The university prospectus gives a combined annual estimate that covers accommodation and routine living expenses, rather than a course charge. Newcastle planning therefore depends mainly on housing choice, meal arrangements and transport distance.
Living-cost basis: The table converts the official 2027 prospectus annual ranges into monthly equivalents by dividing each annual range by 12. The figures remain planning estimates and are not visa-maintenance amounts.
| Expense estimate | Monthly (AUD) | Monthly (INR) | Annual (AUD) | Annual (INR) |
|---|---|---|---|---|
| Independent off-campus total | A$1,538.33 to A$2,860.00 | INR 1.05 Lakhs to INR 1.95 Lakhs | A$18,460 to A$34,320 | INR 12.57 Lakhs to INR 23.36 Lakhs |
| On-campus self-catered total | A$1,470.92 to A$2,799.00 | INR 1.00 Lakhs to INR 1.91 Lakhs | A$17,651 to A$33,588 | INR 12.02 Lakhs to INR 22.87 Lakhs |
| On-campus with five to seven meals total | A$1,839.25 to A$3,297.33 | INR 1.25 Lakhs to INR 2.24 Lakhs | A$22,071 to A$39,568 | INR 15.03 Lakhs to INR 26.94 Lakhs |
The prior-cycle planning illustration totals A$129,510 to A$161,230 (INR 88.17 Lakhs to INR 1.10 Crore) for two years. Its basis is 2 × A$46,295 plus 2 × A$18,460 to A$34,320. Insurance, travel, books and visa charges are excluded.
Budget warning
The historical two-year illustration shows why a future applicant should not reuse the old fee, and should instead confirm an open replacement programme before arranging funding.
ROI reality: The 2026 fee and 2027 living ranges support historical planning only. Do not pay a deposit or model a loan around this double degree until an open programme and an offer-specific fee are confirmed.
Newcastle MBA/Applied Finance Admission 2026
The last detailed handbook accepted applicants through an honours degree, a related bachelor degree or specified organisational experience. Because the programme is discontinued, these routes describe prior-cycle academic policy and do not establish eligibility for a future intake.
The programme combined management study with applied finance, so applicants from business, commerce, economics or finance had the clearest academic alignment. Applicants from another discipline could still qualify through the documented experience route, which made the quality of the CV and employer evidence important.
Academic Eligibility for MBA/Applied Finance
The prior handbook allowed several entry routes and required 160 units after admission. The route selected affects both the evidence an Indian applicant should prepare and the likely need for academic or professional explanation.
| Prior-cycle entry route | University requirement | Evidence for an Indian applicant |
|---|---|---|
| Honours route | Bachelor Honours degree or equivalent or higher qualification | Degree certificate, transcripts and grading explanation |
| Related bachelor route | Bachelor degree or equivalent in accounting, business, commerce, economics, finance, human resource management, industrial relations, management or marketing | Subject list showing the related discipline |
| Non-related bachelor route | Bachelor degree or equivalent in a non-related field plus one year of relevant organisational experience | Detailed CV and employer statement covering role, duties and period |
| Senior experience route | At least seven years of relevant organisational experience, including two years in a management position | Employment history and management responsibility evidence |
| Graduate Certificate pathway | Successful completion of 75% or 30 units of a specified University of Newcastle Graduate Certificate | Academic record from an accepted pathway programme |
The handbook does not publish a minimum GPA or grade threshold, so an Indian percentage or 10-point cumulative grade point average conversion is not available. The handbook also does not list a score requirement for the GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examinations), which means applicants should not invent a competitive target.
The academic evidence should be read with the closure notice because the last published routes cannot revive a discontinued course. Indian applicants who are comparing replacement degrees should check whether the new programme accepts the same related fields and experience evidence.
English Language Proficiency for Indian Applicants
English language proficiency (ELP) is a separate admission condition for international applicants. ELP evidence shows that an applicant can meet the communication standard required for postgraduate coursework.
The prior detailed handbook publishes IELTS (International English Language Testing System) as the clear course-specific route. It records IELTS 6.5 overall with no section below 6.0. The checked course record does not publish a target-cycle TOEFL (Test of English as a Foreign Language) or PTE Academic (Pearson Test of English Academic) score.
| English test | Overall score | Component rule | Applicant implication |
|---|---|---|---|
| IELTS | 6.5 | No section below 6.0 | Plan for a retest if any component misses the floor |
The University English policy may contain accepted alternatives, but the double-degree record does not publish a current TOEFL or PTE score for a new applicant. Verify the accepted test and scale on the current English proficiency policy before sending any score report.
- Book IELTS early enough to allow a second attempt if one component falls below 6.0.
- Do not substitute a TOEFL or PTE score until the university confirms acceptance for the replacement course.
- Prepare a detailed CV and employer statement when relying on the non-related degree or experience route.
Tip for Indian students: The historical academic routes were flexible, but the current closure is decisive. Use the documented degree and experience evidence to test a replacement programme rather than relying on this course record.
Newcastle MBA/Applied Finance Application 2026
No application route is open for this double degree because the official 2026 handbook marks it as discontinued. The last detailed handbook recorded international onshore full-time availability at Newcastle City in Trimester 1, Trimester 2 and Trimester 3.
There is no valid 2026 or 2027 international deadline, decision date or scholarship cutoff for this course. A prior deadline would mislead an Indian applicant because the programme is no longer available to new students.
Application Timing and Documents
The historical application sequence required applicants to confirm the programme, review entry conditions, check fees and select a commencement period. The closure status changes the next action from submitting an application to verifying an open replacement degree.
- Do not upload documents or pay a deposit against course ID 139760 unless the university reopens the programme in writing.
- Keep the degree certificate, complete transcripts, passport copy and accepted English score ready for a replacement course.
- Use a detailed CV and employer statement when the chosen replacement course assesses organisational experience.
- Check the offer letter for its fee, payment timing and commencement date before making a funding commitment.
The university portal may continue to support international applications for other postgraduate programmes, but that general facility does not prove availability for this discontinued double degree. A replacement course should be checked by its exact programme code, campus, mode and intake before submission.
Read More: Newcastle international business courses
Application tip: The final handbook listed three trimesters, but none is a current application opportunity. Verify an open replacement programme first, then match its deadline and document list to your Indian academic profile.
Newcastle MBA/Applied Finance Scholarships 2026
No target-cycle scholarship is available for a new applicant because the double degree has been discontinued. The only course-specific award located in the checked official material is a prior-cycle International Excellence Scholarship for eligible full-fee international students.
The award reduced gross annual tuition by a percentage rather than publishing a fixed cash amount. Since no future tuition exists for this course, the percentage must not be converted into an Australian dollar or INR value.
Prior-cycle Scholarship Evidence
The prior scholarship terms name the exact combined degree and describe automatic assessment after an eligible offer. They do not create a current award for course ID 139760.
| Award | Benefit | Application route | Prior-cycle eligibility and timing |
|---|---|---|---|
| International Excellence Scholarship (Management, Accounting and Finance) | 20% of gross annual international tuition | Automatic assessment with an eligible offer | Exact double degree listed in prior terms; no separate deadline stated |
The official scholarship terms require an eligible international student and an eligible programme. Verify the programme list again if the university publishes a replacement degree or reopens this course.
- Use the prior 20% benefit as a funding possibility only for the cycle and programme named in the award terms.
- Do not calculate a net tuition figure from the old 2026 fee because the double degree has no new applicant cycle.
- Ask whether a replacement programme has automatic assessment or a separate scholarship application before accepting an offer.
Read More: Newcastle scholarships for international students
Funding reality
The named award shows that historical funding could reduce tuition, but it cannot offset the central risk for Indian applicants, which is the absence of a future place to fund.
Scholarship reality: A prior automatic 20% tuition reduction is not a current offer. Confirm an open programme and its named award conditions before treating scholarship support as part of an Indian funding plan.
Newcastle MBA/Applied Finance Salary 2026
No course-cohort salary, offer rate or employer list is published for this discontinued double degree. The closest official evidence is a school-level postgraduate Business and Management measure, so it cannot be read as an MBA or MAF outcome.
The historical curriculum could support management and finance roles, but the available evidence does not prove typical placement probability. An Indian applicant should therefore use the figures below as market context and test the financial decision against a confirmed replacement course.
| Evidence scope | Measure | Published figure | How to use it |
|---|---|---|---|
| School-level postgraduate Business and Management, Graduate Outcomes Survey 2023 to 2025 | Employed after graduating | 94.2% | Context only, not the double-degree offer rate |
| School-level postgraduate Business and Management | Median full-time starting salary | A$120,000 (INR 81.70 Lakhs) | Gross market benchmark, not a course-cohort salary |
| External labour-market benchmark, Jobs and Skills Australia 2024 | Projected employment growth to 2030 for Business Administration Managers | 12.4% | Occupation outlook, not a graduate employment result |
Source: University of Newcastle MBA career information and Jobs and Skills Australia benchmark cited by the university.
ROI for Indian Applicants
No target-cycle return on investment (ROI) calculation is valid because the programme has no future admission cycle and no course-specific employment report. The following factors show what an applicant would have needed to test before borrowing for the historical programme.
- The 2026 prior-cycle tuition was A$46,295 (INR 31.52 Lakhs), so model two years of fees and living costs before comparing Australia with India.
- The 94.2% employment figure covers postgraduate Business and Management graduates, so it should not be used as a double-degree offer rate or a repayment assumption.
- The A$120,000 (INR 81.70 Lakhs) median is a gross school-level benchmark, so use an Australian tax calculator to test take-home pay after tax and other deductions.
- The 12.4% occupation-growth figure describes Business Administration Managers, so verify the target occupation, work rights and sponsorship conditions before counting host-country employment in an ROI model.
ROI reality: The evidence supports career context but not a payback forecast for this course. Confirm a live replacement programme, its cohort outcomes and its full fee before making a loan or migration decision.
Australia Visa for Newcastle MBA/Applied Finance Students 2026
No new Student visa application can be based on this discontinued double degree. Graduates of a qualifying Australian masters coursework programme must assess the Student visa (subclass 500) and Temporary Graduate visa (subclass 485) rules for their own course and application date.
The Student visa supports study in Australia and permits work subject to its conditions. The Student visa subclass 500 requirements should be checked for the latest charge, financial evidence and family rules.
- The 2026 Student visa charge is A$2,500 (INR 1.70 Lakhs), while its separate 12-month financial requirement is A$29,710 (INR 20.23 Lakhs).
- Student visa holders can generally work up to 48 hours per fortnight while their course is in session, subject to the visa grant conditions and applicable exceptions.
- Eligible Indian masters graduates may receive up to three years on the Temporary Graduate visa, with a 2026 application charge of A$5,750 (INR 3.91 Lakhs).
- The 2026 to 2027 Core Skills Income Threshold is A$79,423 (INR 54.07 Lakhs), while permanent residency depends on occupation, points and invitation rules.
Family members may be included or apply as subsequent entrants where the visa rules permit, but additional charges and evidence can apply. A partner or child should therefore be assessed separately rather than treated as part of the student living estimate.
Check Out: Australia student visa costs for Indian students
Visa reality: A three-year post-study possibility for eligible Indian masters graduates is conditional and cannot reopen this course. Verify a live CRICOS-registered replacement programme before using visa work time in a funding plan.
Newcastle MBA/Applied Finance Ranking 2026
Business Administration is a ranked subject at the University of Newcastle, but the ranking evidence is university-level and discipline-level rather than a ranking of this discontinued double degree. The positions can inform academic context, but they do not prove course quality, salary or placement probability.
The latest available subject results place the university within broad global bands for Business Administration and Business and Economics. Indian applicants should use the subject scope and edition when comparing alternatives instead of quoting an overall university rank.
| Ranking body and edition | Subject scope | Published position | Decision meaning |
|---|---|---|---|
| ShanghaiRanking Global Ranking of Academic Subjects 2025 | Business Administration | 101 to 150 worldwide | Subject context for business study, not a double-degree outcome |
| Times Higher Education World University Rankings by Subject 2026 | Business and Economics | 151 to 175 worldwide | Broader discipline band, not a course-specific ranking |
The rankings align with the programme focus on management and applied finance, yet the programme closure is more important for an applicant than its subject position. A replacement course should be judged on its own current handbook, fee schedule, intake and employment evidence.
Honest take: The subject rankings provide useful academic context, but they cannot overcome the lack of a future intake. Treat the course status as the primary decision variable for an Indian applicant.
This combined degree suited a business, finance or experienced applicant seeking one curriculum that paired management breadth with applied finance depth. Its 160-unit structure and historical two-year face-to-face format offered a clear academic proposition, while the old fee and living ranges showed a substantial funding requirement. The material tradeoff is decisive: the programme is discontinued and no future intake is available to new students. The next action for an Indian applicant is to use the documented degree, English and experience profile to verify an open replacement programme before arranging funding, scholarship or visa plans.
Newcastle MBA/Applied Finance FAQs
Ques. Is the University of Newcastle MBA/Master of Applied Finance open to Indian students for 2026 or 2027?
Ans. No. The official 2026 handbook marks program 40145 as discontinued and no longer available to new students. There is no valid future application route for course ID 139760.
Ques. What academic background did the double degree accept?
Ans. The prior handbook accepted an honours degree, a related bachelor degree or a non-related degree with one year of experience. A seven-year experience route required two years in management. It also listed a 75% or 30-unit University of Newcastle Graduate Certificate pathway.
Ques. What was the historical tuition and how should I budget living costs?
Ans. The 2026 indicative international fee was A$46,295 (INR 31.52 Lakhs) per year as a prior-cycle reference. The official 2027 prospectus places independent off-campus living at A$18,460 to A$34,320 (INR 12.57 Lakhs to INR 23.36 Lakhs) per year.
Ques. Could a 20% scholarship make the old programme affordable?
Ans. The prior International Excellence Scholarship offered 20% of gross annual international tuition through automatic assessment with an eligible offer. It cannot be treated as current funding because the double degree has no future intake.
Ques. Do the salary and visa figures prove a good return?
Ans. No. The 94.2% employment figure and A$120,000 (INR 81.70 Lakhs) median salary are school-level postgraduate Business and Management evidence, not double-degree outcomes. Eligible Indian graduates may receive a conditional three-year post-study work period, but visa eligibility does not guarantee employment or permanent residency.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $31450 (AUD 43680) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| On Campus Living including Meal | $18907 (AUD 26260) |
| Total Cost | $18907 (AUD 26260) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $31450 (AUD 43680) |
| 2023 | $29038 (AUD 40330) |
| 2022 | NA (0) |
| 2021 | $17928 (AUD 24900) |
Important Dates
| Event | Application Date |
|---|---|
| Trimester 1 Application Deadline For 2026 Intake | |
| Semester 1 Application Deadline For 2026 Intake | |
| Trimester 2 Application Deadline For 2026 Intake | |
| Semester 2 Application Deadline For 2026 Intake | |


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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| International Excellence Scholarship | 20% of Gross Annual International Tuition fees | To be eligible, you must be a full-fee paying international student starting an eligible CRICOS-registered program, not hold another university scholarship (unless approved), and demonstrate financial capacity if requested. |
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Dr. APJ Abdul Kalam International Postgraduate Scholarships 2020 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student$ 720/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 2,520/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 14,400/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 1,440/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
-- | USD 31,154 /Yr AUD 43,270 /Yr |
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