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MS in Finance in Australia: Top Universities, Fees, Ranking

MS in Finance in Australia: Top Universities, Fees, Ranking

Edited By Porishmita Paul | Updated on Jul 15, 2024 04:24 PM IST

Study Masters in Finance in Australia is associated with multiple benefits. International students can get an in-depth understanding of advanced-level learning for different finance specialisations. An MS Finance in Australia is generally a full-time course offered in many top-ranked universities in the country. The course duration of Masters in Finance in Australia is between 1-2 years depending on the university and course curriculum.

A student who is interested in studying MS in Finance Australia can submit their application form directly through the university website or via UCAS. An undergraduate degree in Corporate Finance, Accounting, or Investments, or in a relevant field is mandatory for the best Master in Finance in Australia. Some additional MS in Finance in Australia requirements for international students include a good GRE or GMAT score, ELP certificate, and prior work experience in the relevant field.

The Masters in Finance in Australia fees for Indian students are between AUD 30,000-70,000 per annum. Whereas, the cost of living in Australia for Indian students is around AUD 2500 per month. Students can apply for various scholarships and grants to sustain their study requirements in the country. Also, Australia offers student loans for qualified students to continue their higher education in the country.

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The employability rate of MS in Finance in Australia is very high. Students can get jobs in top world companies as potential employers. The average MS of Finance salary Australia for top graduates is around AUD 67,000. Read the complete article to learn more about Masters in Finance in Australia for international students.

Masters in Finance in Australia 2024: Highlights

Particulars

Details

Programme Name

Masters in Finance in Australia

Masters in Finance in Australia Duration

1-2 years

Masters in Finance in Australia Eligibility Criteria

Bachelor’s degree in Corporate Finance, Accounting, Investments, or any relevant field

Masters in Finance in Australia English Proficiency Requirements

IELTS or TOEFL

Masters in Finance in Australia Fees

AUD 34,000-70,000 per annum

Masters in Finance in Australia Universities

Masters in Finance in Australia for International Students Average Salary

AUD 67,000

Standardised Test

GRE and GMAT

Top Masters in Finance in Australia Specialisation

  • Master of Finance and Marketing

  • Master of Applied Finance

  • Master of Finance

  • Master of Business

  • Master of Finance Planning

  • Master of Actuarial Science

Top Scholarships

  • International High Achievers Scholarship

  • Global Curtin Scholarships - Merit Scholarship

  • UTS Vice-Chancellor's International Postgraduate Coursework Scholarship

  • Australia's Global University Award

  • Sydney International Student Award

Best Master in Finance Australia Courses

Australia offers a diverse range of specialised courses for international students to study MS in Finance. The average MS in Finance in Australia duration for international students is between 1 to 2 years depending on the university and course requirements. Students can get a deep understanding of financial ethics, corporate finance markets, and financial theories that can help students select the right career option after graduation.

Some of the top Masters in Finance in Australia specialisation at most Australian universities are as follows:

  • Master of Finance and Marketing

  • Master of Finance Planning

  • Master of Commerce

  • Master of Business

  • Master of Finance and International Banking

  • Master of Banking and Finance

  • Master of Applied Finance

  • Master of Finance

  • Master of Actuarial Science

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Masters in Finance in Australia Eligibility Criteria

The MS in Finance in Australia requirements for international students is different for every university. However, a few standard eligibility criteria for best Master in Finance Australia for Indian students are as follows:

  • A bachelor’s degree in Corporate Finance, Accounting, Investments, or in a relevant field is compulsory for international students.

  • A minimum 280-340 GRE score for most of the universities for Masters in Finance in Australia.

  • A minimum 625-700 GMAT score is required.

  • A valid passport and student visa to Australia.

  • English language proficiency test certificates. For example, a minimum score range of 6-7 in IELTS is required.

  • Prior work experience in the relevant field.

Requirements for Masters in Finance Australia for International Students

Here’s the list of documents required for MS in Finance in Australia:

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Top Universities for Masters in Finance in Australia

Australian universities UQ Business School and Macquarie Business School have been listed among the top 50 world universities for MS in Finance by the QS Business Master’s Rankings 2024. Also, many top MS in Finance universities in Australia are listed among the top global universities for Finance courses. Below is the list of top Masters in Finance Australia colleges for international students to study in.

Best Universities for Masters in Finance in Australia

Masters in Finance in Australia Fees for Indian Students

How much does a masters in finance cost in Australia? The average cost of MS in Finance in Australia is between AUD 30,000-70,000 per annum. The MS in Finance fee structure for international students is exclusive to different courses and universities. Some universities also charge additional fees for application submission, accommodation, and other miscellaneous services. Remember to calculate the average cost of living in Australia before preparing your estimated budget for the university and country. The estimated living expenses in Australia for Indian students is around AUD 2500 per month which is approximately Rs. 1.37 lakhs in Indian rupees.

Cost of Living in Australia for International Students

Particulars

Monthly Expenses In AUD

Monthly Expenses In INR

Accommodation

1000 - 2000

1.08 - 1.6 lakhs

Food and Groceries

800

44,000

Utilities (Gas and Electricity)

170 - 215

9,200 - 11,700

Public Transportation

120 - 240

6,500 - 13,00

Health insurance

100 - 200

5,500 - 10,900

Mobile & Internet

70

3,800

Miscellaneous

320-600

17,500 - Rs 32,700

Masters in Finance in Australia Scholarships for International Students

The scholarships in Australia for international students help potential students to continue their higher education in top universities in Australia. These scholarships are mainly offered by Australian universities and different external organisations to attract students to study MS in Finance at affordable prices. A few popular MS in Finance Australia scholarships for international students are as follows:

  • International High Achievers Scholarship

  • Global Curtin Scholarships - Merit Scholarship

  • UTS Vice-Chancellor's International Postgraduate Coursework Scholarship

  • Australia's Global University Award

  • Sydney International Student Award

Masters in Finance Australia Career Opportunities

A wide range of career options is the major attraction of study MS in Finance in Australia for international students. Students studying various Masters in Finance in Australia specialisations can choose their career pathways with high salary packages. The average MS of Finance salary Australia for top graduates is around AUD 67,000. The salary may differ depending on the employer, years of experience, and skills of the candidates. Some popular Master of Finance jobs Australia are as follows:

  • Financial Analyst

  • Personal Financial Advisor

  • Financial Manager

  • Budget Analyst

  • Loan Officer

  • Financial Examiner

  • General and Operations Manager

Also Read: Work after study in Australia

Why Study Masters in Finance in Australia?

Here are some of the major reasons to study MS in Finance in Australia for international students:

  • Students can learn the necessary skills to understand the finer details of finance.

  • Students pursuing an MS in Australia can access a variety of scholarship opportunities to sustain themselves in the country.

  • The majority of MS universities in Australia are among the world's top universities.

Frequently Asked Question (FAQs)

1. Is Australia good for masters in finance?

Yes, Australia is good for Masters in Finance. Australian universities offering MS in Finance are among the top universities in the world due to their educational opportunities and research facilities. Also, MS in Finance in Australia is popular among international students due to its employment opportunities in global markets.

2. What is the salary of a masters in finance in Australia?

The average salary of an MS in Finance in Australia is around AUD 67,000. The salary packages may differ depending on the experience and skills of the students. Experienced employees can earn up to AUD 1.20 per annum for top job roles.

3. Is finance in demand in Australia?

Yes, finance is in demand in Australia. Finance jobs like financial analyst, accountant, and investment banker are among the trending job options for international students studying finance in Australia.

4. How much is MS Finance in Australia?

The average cost of Finance in Australia is between AUD 30,000-70,000 per annum. The cost may vary for different courses and universities. Additionally, approximately Rs. 1.37 lakhs is required to manage the living expenses in Australia.

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A B.Ed. from IGNOU may be recognized but requires additional assessments in the UK, Australia, and New Zealand.

  • UK : Assessment by UK ENIC and possibly additional qualifications like a PGCE.
  • Australia : Evaluation by AITSL and meeting state-specific criteria.
  • New Zealand : Assessment by the Teaching Council of Aotearoa New Zealand, including possible English proficiency and practical teaching requirements.

Further qualifications or training might be necessary in each country.


For migrating to Australia with a high visa success rate, both commerce and medical fields offer strong opportunities, but they differ significantly:

  1. Medical Field :

    • High Demand : Healthcare professionals (doctors, nurses, allied health) are in high demand.
    • Visa Success : Higher chances due to skill shortages.
    • PR Pathway : Clear pathways for permanent residency.
    • Career Options : Wide range of opportunities with good pay.
  2. Commerce Field :

    • Opportunities : Demand for accountants, finance professionals, and business analysts.
    • Visa Success : Good, but dependent on specific roles and skill shortages.
    • PR Pathway : Viable but might require additional qualifications or experience.
    • Career Options : Diverse opportunities in finance, business, and management.

Choose based on your interests, skills, and long-term career goals.

hope this helps you!!

If you have completed a master's degree in the UK, you might still need to take the IELTS test to qualify for a Permanent Residency (PR) or Work Visa in Australia. While your degree from an English-speaking country like the UK may demonstrate your proficiency in English, Australian immigration authorities typically require a standardized English language test score, such as IELTS, to assess your language skills formally.

For better guidance, Invicta Institute can provide you with detailed information and assistance regarding the specific English language requirements for Australian PR or Work Visa applications. Invicta's experienced counselors can help you navigate the process and determine if your UK degree suffices or if you need to take the IELTS test.

Hello Aspirant

For admission to an Australian University, you need to have a bachelor's degree of 4 years, this is mandatory for foreign universities' admission into Master's courses. But many colleges also offer a bridge course for students who have done a bachelor's in a 3-year course plan.

The switching of streams will not be a problem, you can get admission to an MBA easily if you crack an aptitude exam (GMAT, GRE) and a language proficiency test (IELTS, TOEFL, etc.)

Hope this helps

Dear aspirant !!

Hope you are doing good !!

Indian students must have an MBBS and clear USMLE tests to gain admission to post graduation after MBBS abroad in USA . It is important to understand that an MD/Doctor of Medicine (USA equivalent of MBBS in India) degree alone is not enough to practise medicine. A Medical PG in any specialisation is necessary..

Hope it helps you !!

Thanking you !!

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