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University of Melbourne

Melbourne, Victoria, Australia

Master of Commerce (Finance)

The Master of Commerce (Finance) represents Years 1 & 2 of the 5-year Doctoral Program in Finance and is only available to students pursuing the doctoral program.

 

 

Note - Total Tuition Fee is estimated.
For More Information Please Contact To Our PSA Counselor.

Campus Information

Parkville campus

Our Parkville campus is a city within a city. With cafes, 12 libraries, gyms, specialty stores, a small supermarket, and even a seasonal farmers market, you’ll never have to leave. The Parkville campus is situated within a renowned knowledge precinct, which includes eight hospitals, many leading research institutes and a wide range of knowledge-based industries.

Intakes

  • Feb
  • July

Application Processing Time in Days: 60

Application Process

After Offer Acceptance, student receives ECOE ( Electronic Confirmation of Enrollment) and therafter visa is lodged.
Days

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

The University of Melbourne runs a twice-annual mentoring programme that brings students together with alumni mentors who guide them through the career decision-making process.

Faculty-specific resources assist students in finding the most relevant careers advice for them. Students are also able to take self-assessment tests to help them determine which occupation is most suited to them.

We run workshops, one-on-one sessions, and student mentoring programs to give you the advice you need, when you need it.

Get one-on-one support

The Careers and Employability Studio has gone virtual. Book in for an appointment with a career adviser.

Attend a workshop or session

We run a range of workshops, seminars and events to help support your skill development and employability.

About Careers and Employability

We provide you with the resources, support, and tools you need to achieve your career goals. Learn about our approach to employability and careers.

When you start university you may already know which career path you’d like to pursue. Or, you might be exploring your unique interests, passions, and opportunities.

No matter which category you’re in, career development starts from your first day at university. Career development doesn’t happen overnight. It takes time to develop a greater awareness of who you are and what you want to achieve.

At the University of Melbourne, career development is a journey that involves:

  • Understanding and reflecting on your motivations and preferences, current skills and knowledge gaps
  • Researching potential opportunities that help you develop meaningful, industry-relevant experiences
  • Goal setting and deciding on what career success means to you
  • Seeking and applying for roles that align with this vision.
  • During this process, your ability to understand and apply your knowledge will be critical in making successful career decisions. We have dedicated career advisers who can guide you through this career development journey.

What are employability skills?

Employability skills are more than just your ability to land a job. They cover your attitude, personal qualities, and transferable skills (e.g. teamwork and communication).

These skills are valued regardless of the role or industry you’re interested in—and understanding their importance can help you succeed in your career and beyond.

Our aim is to help you develop these skills so you can progress professionally in the workforce and community.

How we can help you

We provide online and in-person services: from one-on-one guidance, to learning modules, on campus workshops, and more.

We support you to:

  • Understand the possibilities open to you during and after your time at university
  • Design your career by understanding where your degree can take you, and guide you on what experiences will help you gain future employment
  • Identify your skills and how they apply to actual jobs in the industry you’re interested in
  • Find opportunities via our online jobs board and our employability programs
  • Connect with employers and professionals through our mentoring programs and industry networks
  • Navigate the job application process so your cover letter, resume, and interview style sets you up for success.
  • Our services are available to all current undergraduate and graduate University of Melbourne students.

PSW Opportunity

  • Post Study Work Steam Renames to Post Higher Education Work Steam.
  • Bachelor degree holders including honours can get upto 2years of post study stay
  • Master by course work and extended can stay upto 2years
  • Masters by research and PhD holder can stay upto 3years
  • The Maximum eligible age to apply for PSW will be reduced to 35 years of age from 50 years of age for all applicants
  • Due to the Australian Indian Economic Cooperation and Trade Agreement signed by the 2countries, according to which:

  • Indian students completing bachelor degree including honours can stay upto 2years
  • Bachelor degree with First class honours in STEM including ICT can stay upto 3years
  • Masters by coursework in extended researched can stay upto 3years
  • PhD students can stay upto 4years

Admission Requirement / Eligibility Criteria

In order to be considered for entry, applicants must have completed:

  • A four-year undergraduate degree in finance or a quantitative discipline, or equivalent, with a University of Melbourne equivalent weighted average mark of least 75% (H2A) or equivalent; or
  • qualification and professional experience considered to be equivalent;
    And
  • prior study or equivalent experience in mathematics, e.g. university-level mathematics subjects such as calculus, linear algebra, statistics or econometrics, or through samples of prior research 
    and submit:
  • a personal statement outlining why they wish to be considered for the course (maximum of 1,000 words); and
  • a Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) test, unless the applicant has met one of the conditions for a GMAT/GRE exemption listed below; and
  • academic referee reports (except for applicants who have graduated from the University of Melbourne within the last 5 years).

Meeting these requirements does not guarantee selection.

2. In ranking applicants, the selection committee will consider:

  • prior academic performance; and
  • the results of a Graduate Management Admission Test (GMAT) or Graduate Record Examinations (GRE) test completed within the last 5 years. The following applicants for this course are exempt from submitting a GMAT or GRE test:
    • Those who have completed a tertiary degree in Australia or New Zealand within the 18 months prior to the date of application; or
    • Those who face significant humanitarian issues; 
  • performance in an interview during which the applicant’s level of understanding, motivation and time commitment will be assessed; and
  • relevant prior research and/or professional experience; and
  • referee reports; and
  • the personal statement.

3. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board rules on the use of selection instruments.

4. Applicants are required to satisfy the university’s English language requirements for graduate courses. For those applicants seeking to meet these requirements by one of the standard tests approved by the Academic Board, performance band 7 is required.

 

For More Information Please Contact To Our PSA Counselor.