The Master's in Finance focuses primarily on the subjective knowledge and the essential understanding of the financial decisions of systems, corporations, businesses, and individuals. This is a major help in structuring the financial operations of institutions and markets. Students who study for a master's in finance in Australia will find an ocean of career opportunities in the financial services industry that includes all the banks, broking institutions, investment banks, and management. Studying finance is also useful in offering practical applications with essential theory and financial reasoning skills that help to expose you to high-level, market-specific knowledge. So, if you're looking to pursue a master's in finance, then Australia is the best choice. Read on to find out what more it has to offer you.
Ready to make a move toward the finance world? Then Australia would be the perfect choice to make to hit the big career start with the best universities. Because banking and finance in Australia is a well-reputed and job-oriented study that covers all rounds, including fund management, market strategies, financial planning and control, taxation, investment advisory, and so on. Most colleges and universities in Australia offer UG and PG level finance degrees with expertise in this sphere. In your decision of how to invest in yourself in finance, a degree helps to knock on the doors of a career in finance, which provides just the investment into a rewarding future in Australia. Luckily, all you want to do is to find the perfect finance degree for you!
Australian universities are mainly focused on a practical education system and world-class infrastructure with great degree programs. It is attractive to international students to study at such high education standards with easy entry requirements. Entry into most higher education courses in Australia is comparatively easy, and entry into a finance course is even a cakewalk. In addition to the academic requirements, candidates also need to meet high-level English language requirements. If you aspire to seek admission to an MS in Finance in Australia, you may have to abide by some of the below-mentioned requirements:
|
Qualification |
Requirements |
|
Foundation |
IELTS Academic: 5.0 - 6.5 TOEFL PB: 500 – 550; IBT: 45 - 80 PTE Academic: 42 – 54 CAE: 46 |
|
Diploma |
IELTS Academic: 5.5 - 6.0 TOEFL PBT: 526 – 550; IB: 47 - 68 PTE Academic: 54 CAE: 52 |
|
Bachelor’s degree |
IELTS Academic: 6.0 - 6.5 TOEFL PBT:550; IB: 60 - 75 PTE Academic: 50 CAE: 46 STPM: CGPA 3.0 and above |
By studying master's in Australia, you will take advantage of the great student environment in the classrooms of some of the world's best business and finance schools. In Australia, you will likely find various types of masters in finance, which may prepare students early on for the job market. To have a great career in finance in the future, you must make sure that the available course concerning the current business environment. There are many postgraduate courses in finance that are considered by an international student looking to have a successful career with a wide range of finance degree options. In the following, we would look into the types of Master's Program in Finance Australia before applying for it.
|
Program |
School/University |
|
M.Com (Applied Finance Major) |
Curtin Business School / School of Economics and Finance |
|
Master in Advanced Finance |
Monash University - Monash Business School |
|
Master of Finance |
The University of Melbourne - Melbourne Business School |
|
Master of Business - Financial Management |
University of Wollongong Australia |
|
Master of Commerce in Finance |
The University of Sydney - The University of Sydney Business School |
|
Master of Financial Analysis |
University of New South Wales - UNSW Business School |
|
Master of Commerce Applied Finance |
University of Queensland - Faculty of Business, Economics, and Law |
|
Master of Commerce in Applied Finance |
University of Adelaide - Adelaide Business School |
|
Master of Financial Management |
The Australian National University - ANU College of Business and Economics |
|
Master of Business (Applied Finance) |
Queensland University of Technology - QUT Business School |
Australia is a great country to study for finance degrees abroad. More than a lakh of Indian students come here to pursue their higher education every year. Australia has tailored its master's degree to the finance sector to align with the ongoing open economy. Also, the Australian universities offer a wide range of Master's in Finance programs and offer many job options to international students attaining education there. There is a specific kind of master's program in finance that is special to each university in Australia. Such finance courses will get you a rewarding career after the successful completion of the degree. Here is the best master's program in finance you can choose from:
|
University |
Program |
Course duration |
Tuition fees |
|
The University of New South Wales |
Master of Finance - Funds Management |
2 years |
AUD 40,500 |
|
The University of Melbourne |
Master of Finance |
1 year |
AUD 31,200 |
|
Monash University |
Master of Advanced Finance |
2 years |
AUD 36,050 |
|
The University of Queensland |
Master of Commerce |
2 years |
AUD 29,800 |
|
The University of New South Wales |
Master of Finance |
2 years |
AUD 41,000 |
|
Swinburne University of Technology |
Professional Accounting - Financial Planning |
1 year |
AUD 27,000 |
|
The Australian National University |
Master of Finance |
2 years |
AUD 35,500 |
|
La Trobe University |
Graduate Certificate in Finance |
1 year |
AUD 38,000 |
|
The University of Melbourne |
Master of Management in Finance |
2 years |
AUD 31,900 |
|
The University of Sydney |
Master in Financial Analysis |
2 years |
AUD 41,360 |
A Master's in Finance in Australia is the best choice any commerce student makes after graduating. The universities in Australia offer a variety of courses such as Master of Business degrees, Master of Commerce (M. Com), and Master of Finance (M. Fin). The duration of a full-time postgraduate finance degree at Australian universities ranges between 1 and 2 years. Many universities offer great finance program choices while they are all ranked based on their positions in the overall QS news rankings in 2022. Each university listed here is completely based on past performance and academic results too. Here's the list of the top universities in Australia offering a master's in finance degree:
|
University |
QS News Ranking 2022 |
Program Offered |
Total Program Fees |
|
The University of New South Wales |
11 |
Master of Commerce: Finance |
AUD 36,000 |
|
The University of Melbourne |
14 |
Master of Commerce: Applied Finance |
AUD 38,000 |
|
The University of Sydney |
20 |
Master of Finance |
AUD 36,350 |
|
The Australian National University |
23 |
Master of Commerce: Applied Finance |
AUD 40,000 |
|
Monash University |
26 |
Master of Finance |
AUD 37,560 |
|
The University of Queensland |
39 |
Master of Business: Applied Finance |
AUD 36,000 |
|
Macquarie University |
54 |
Master of Finance Master of Applied Finance |
AUD 41,520 |
|
The University of Adelaide |
62 |
Master of Business: Applied Finance |
AUD 34,600 |
|
The University of Western Australia |
78 |
Master of Finance |
AUD 41,500 |
|
University of Technology Sydney |
91 |
Master of Finance |
AUD 41,000 |
Australia is one of the least expensive study destinations in the world for masters. Every year, Australia welcomes approximately 200,500 international students, a figure that is 21% higher than the previous year. However, it is fortunate that universities in Australia offer cheaper master's degrees, particularly for finance and related courses. Meanwhile, tuition fees at Australian schools, institutions, and universities vary from course to course and according to the level you will be studying at. According to a recent report, the average tuition fee for international students who look to study MS in Finance was AUD 36,800 per year in 2021. Let's break down the universities and average tuition fees for pursuing a Master's in Finance.
|
University |
Average tuition fees/year |
|
Curtin University |
AUD 38,400 |
|
Queensland University of Technology |
AUD 40,450 |
|
University of Wollongong |
AUD 41,500 |
|
University of Technology Sydney |
AUD 45,200 |
|
University of Adelaide |
AUD 34,800 |
|
Australian National University |
AUD 27,850 |
|
University of Queensland |
AUD 36,400 |
|
University of New South Wales (UNSW) |
AUD 41,200 |
|
University of Sydney |
AUD 36,450 |
|
University of Melbourne |
AUD 29,500 |
Great universities in Australia offer an excellent quality of education, but tuition fees might be the one thing that makes students rethink studying abroad. But in Australia, thousands of universities, institutions, third-party agencies, and government departments provide scholarships for prospective international students. And this is why many international students choose to study Master's in Finance in Australia. But anyhow, do you want to pursue an MS in Finance in Australia? Now it's your chance with this wide range of Australian scholarships for aspiring students. Here we've listed a few of the scholarships available for students who enrol in a Master's in Finance in Australia.
|
Scholarship |
University |
Amount in per annum |
|
Econometrics Honours Memorial Scholarship |
Monash University |
AUD 6000-10,000 |
|
RA Simpson International Scholarship |
Flinders University |
AUD 3,000-7000 |
|
Joseph Barling Fellowship; AMP Capital Infrastructure Scholarship |
University of New South Wales |
AUD 7,500 |
|
Betty Amsden AO Mentor Leaders Scholarship |
Monash University |
AUD 10,000-15,000 |
|
Postgraduate Academic Excellence Scholarship |
University of Wollongong |
AUD 12,500 |
Well, Australia has always been voted as one of the world's best countries to study finance degrees, and particularly, a master's degree in finance, is the most viable course one can choose. A huge number of job prospects and a high median salary are two important reasons that make Australia's business schools and universities stay among the top global institutions. Unlike other master's programs, now, MS in Finance in Australia has started attracting students from around the world to find jobs in finance all over the world. For 2021, a fresh master's in finance from a top business school or university in Australia makes AUD 67,000 on average, which is a little more than other countries. To know more, you can check out the following table, which contains different finance job roles and their average annual salaries:
|
Job role |
Average salary/year |
Job Growth (2022-2032) |
|
Business Manager |
AUD 88,992 |
13% |
|
Financial Analysts |
AUD 81,760 |
12% |
|
Financial Planner |
AUD 73,871 |
21% |
|
Personal Financial Advisors |
AUD 90,530 |
11% |
|
Senior Accountant |
AUD 65,278 |
7% |
|
Financial Managers |
AUD 121,750 |
13% |
|
Financial Controller |
AUD 107,186 |
9% |
|
Budget Analysts |
AUD 73,840 |
22% |
|
Financial Advisor |
AUD 71,651 |
30% |
|
Compensation and Benefits Managers |
AUD 116,240 |
6% |
To meet the demand in the job market, many Australian universities offer a handful of master's degrees in finance. All this is to steer the deserving students towards a huge number of job opportunities in the field of finance to further their careers. So, in a time when the fast growth and a huge amount of demand is prevalent, it's better to pick a master's in finance degree that helps to achieve more senior positions and higher wages. Let's take a look at the top career scope of a master's degree in finance here below:
Still unclear about anything? Well, not to worry. Contact AECC and get your queries answered today!
AECC is one of the world's leading educational consultancies with versatile expert professionals who are ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey to achieving your dream.
The Australian education system is based on the British model and thus is one of the best in the world.
Yes, Australia is home to several renowned institutions to study Finance, Banking and other related subjects.
Finance is one of the major sectors in Australia and thus enjoys a good career scope.
Applied Finance, Financial Analysis, Financial Management etc. are some of the best Finance degrees in Australia.
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