Master of Management [M.Mgmt] (Finance)
STEM Course
2 years
Full Time
On Campus
Field of Study:
Ranked #34 out of 1501 by THE Global Ranking 2023
₹17.9 L/Yr
A$32,993 /Yr
- Master of Management in Finance at the University of Melbourne is offered as a 2-years program.
- This university is ranked #1 in Accounting and Finance in Australia.
- It is an on-campus program offered on a full-time basis only.
- The Master of Management (Finance) provides advanced competencies, professional skills, and knowledge in the finance discipline that will prepare graduates for entry into the finance profession.
- The program provides students with a foundation in the various business disciplines and builds a strong base of knowledge in the discipline of finance.
- As the program progresses, students focus on advanced studies in finance that enhance their skills in financial analysis.
- The degree is recognized by the CFA Institute.
- Students will gain deep knowledge in finance including areas like investment management, financial management, and corporate financial policy while gaining a strong foundation in disciplines like accounting, economics, and management.
- The Master of Management in Finance program consists of 200 credits.
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Important Dates
The application deadline for Semester 1 is 31 December.
| Event | Application Date |
|---|---|
| Application Deadline For 2024 Intake | |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹1787561 (AUD 32993) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing and Board | ₹1294360 (AUD 23890) |
| Total Cost | ₹1294360 (AUD 23890) |
Eligibility & Entry Requirement
Academic Eligibility:
- Students must have a 4-year undergraduate degree in business/commerce or its equivalent from a recognized institution.
- A weighted average mark of at least H3 (65% – 2.3/4.0 or C+ average) from accredited institutions is required for unconditional admission.
Indian Student Eligibility:
- Students must complete a 4-year undergraduate degree with first class in a relevant field from a recognized institution
- Or, students completed a master's degree with first-class in a relevant field from a recognized institution.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.
Scores Required
79 / 120
Avg. Score in
TOEFL
6.5 / 9
Avg. Score in
IELTS
64 / 90
Avg. Score in
PTE
2.3 / 4
Minimum gpa
GPA
Required Document List
The following required documents are:
- Resume/CV: It is the outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
- Two Letter of Recommendation: Letter of recommendation (combination of professional and academic recommenders) which includes information about the student, their connection with the person they are recommending, their qualification, and the specific skills they have.
- Statement of Purpose: This statement must describe your qualifications and the objectives of your intended educational program.
- Personal Statement: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Official Transcripts: Applicants who have attended and/or received degrees from institutions outside the US must provide certified copies and certified English translations of transcripts or records of all previous post-secondary education and of all degrees conferred.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
 M.Fin, The University of Melbourne18 months | INR 26.8 L/Yr AUD 49,440 /Yr |
| ||
| INR 25.3 L/Yr AUD 46,680 /Yr |
| |||
| INR 22 L/Yr AUD 40,640 /Yr |
| |||
-- | INR 16.1 L/Yr AUD 29,808 /Yr |
|
Career and Placement after Course
Possible career opportunities are:
- Financial Analyst
- Financial Services Sales Agent
- Financial Manager
- Personal Financial Advisor
- Investment Banker
- Insurance Finance Manager
- Financial Consultant
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| MSD International Scholarships 2020 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCollege-Specific | |
| Melbourne Graduate Research Scholarships | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeCollege-Specific | |
| Melbourne Research Scholarship | Scholarship per student₹ 36.7 L/Yr$67,744 | Level Of StudyDoctorate | TypeCollege-Specific | |
| Bharat Petroleum Scholarship 2020 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Goa Education Trust Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| BrokerFish International student scholarship | Scholarship per student₹ 54,180/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
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