In a duration of two whole years, A master’s degree in Finance is a postgraduate level degree which is offered by numerous universities in Australia. This duration can although vary from one to two years depending upon the university one chooses and prefers. Much like other higher educational degrees, a master’s in Finance is of great help to students delving deeper into the vast world of Finance by providing them with regulations, deep-embedded insight into corporate financial markets as well as the finance ethics theories and analytics of Finance, amongst others. It also incorporates practical training programs as well as master’s thesis in order to encourage the students to discover the domain of research.
For its globally recognized institutions, diversity of education, and lower costs of living, Australia is rapidly emerging as a popular study destination. The country offers a plethora of master’s degree programs in different specializations varying from Management to Engineering. When one studies in Australia, it can equip you with the ideal knowledge and skills required to explore an array of careers in the corporate industry globally. While choosing the right academic institution for a postgraduate degree in Finance can be an exhausting task, we are here to your rescue. So, here is a blog giving out details for the key essentials of pursuing a master’s in Finance in Australia, the eligibility criteria you need to fulfill as well as the top universities you can choose from. We are here to answer all your questions or at least educate you about the resources which can be of help to you.
Top Universities Offering Masters in Finance in Australia
There is a plethora of master’s degrees that are offered in the field of Finance and its specialized branches which range from MA, MBA to MS. When it comes to pursuing a masters of Finance in Australia, mentioned below are some of the major postgraduate programs in Finance and its concentrations as well as the top universities which you can choose from:
| University | Course | Duration |
| University of Sydney | Master of Commerce – Finance | – |
| La Trobe University | Master of Accounting and Financial Management | 2 years |
| RMIT University | Master of Finance | 1 year |
| University of New South Wales | Master of Financial Analysis
Master of Business Administration- Finance |
1 year |
| University of Adelaide | Master of Management (Finance) | 2 years |
| Victoria University | Master of Business – Finance | 2 years |
| University of Queensland | Master of International Economics and Finance | 1 year |
| Swinburne University of Technology | Master of Finance and Banking | 18 Months |
| University of Adelaide | Master of Applied Finance | 1 year |
| Monash University | Master of Financial Mathematics
Master of Advanced Finance |
– |
| Monash University | Master of Banking and Finance | 1 year |
| University of Tasmania | Master of Finance | 1.5 years |
Career Paths After Masters in Finance in Australia
Mentioned below is a list of varied career profiles that one can apply for on the successful conclusion of their masters in Finance in Australia:
- Financial Manager
- Personal Financial Advisor
- Budget Analyst
- Financial Examiners
- Loan Officer
- Financial Analyst
- General and Operations Manager
Moreover, the candidates can work in the below-mentioned paths after the completion of their masters in Finance in Australia:
- Financial Planning Services
- International Financial Management
- Personal Financial Planning for Individuals
- Insurance Companies
- Credit Unions and Private Banks
- Commercial and Investment Banks
- Investment Services
- Personal Financial Planning for Private Organisations
- Brokerage Firms
- Corporate Management
Eligibility Criteria
Although most of the prerequisites remain the same, the eligibility criteria for a master’s in Finance in Australia may vary from one university to another. Mentioned below are some of the basic requirements that one needs to fulfill in order to apply for a master’s program in Finance (Australia) :
- GRE scores
- Candidates must have a bachelor’s degree with the minimum percentage/GPA required to apply for the university.
- Statement of Purpose (SOP)
- IELTS or TOEFL scores if required by the particular university.
- Letters of Recommendation (LORs)
Subjects Covered
The Topics which are generally illustrated in a postgraduate course in Finance more often than not varies from one university to another but some of the core subjects remain as they are. Mentioned below is a list of disciplines that are generally taught in a masters in Finance, to the students studying in Australia:
- Corporate Valuation and Financial Strategy
- Financial Intermediation in Emerging Markets
- Financial Statement Analysis
- International Finance
- Investment Analysis and Portfolio Management
- Investment Banking
- Corporate Governance
- Advanced Financial Management
- Fixed Income Analysis
- Quantitative Methods in Finance I and II
- Derivatives and Risk Management
- Financial Modeling
- Financial Management
Cost of Studying Masters in Finance in Australia
If the query is regarding the calculation of the cost of studying Masters in Finance in Australia, the interested students need to consider tuition fees, living costs as well as various other miscellaneous expenses. The tuition fees for a master’s degree course in Finance at Australian University can vary as per the course and university and on average, it can estimate somewhere between 19,038 USD to 67,661 USD which is 14,22,000 INR and 50,54,000 INR . As far as the living cost is concerned, it can largely differ as per the city that one is staying in as well as whether you are opting for on-campus accommodation or off-campus accommodation along with other important aspects and factors. One can calculate the living costs in Australia with the help of our exclusive Cost of Living Calculator which calculates the total expenses as per your interests and preferences.
We really hope that this blog proved to be an asset to you in order to understand the various aspects of pursuing a master’s in Finance in Australia. If you find this postgraduate course intriguing and you are thinking of opting for it, you can reach out to our Studywoo experts and we will for sure help you to select the best-suited university as per your preferences and career ambitions. It is a decision you would not regret making.
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