Master of Finance (Enhanced)

Melbourne Business School

Australia, Melbourne

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Melbourne Business School

Australia , Melbourne

Key Facts

Program Level

Master by Course Work

Study Type

Full Time

Delivery

On Campus

Course Code

0100877

Campuses

Parkville Campus

Program Language

English

Start & Deadlines

Next Intake DeadlinesMarch-2026

Apply to this program

Go to the official application for the university

Duration 2 year(s)

Tuition Fee

AUD 60,960 / year

Next Intake March-2026

Master of Finance (Enhanced)

About

The Master of Finance (Enhanced) is a specialist finance degree that provides you with comprehensive training and knowledge that goes beyond an undergraduate degree.

Melbourne Business School’s new Master of Finance (Enhanced) has been designed to equip you with specialist technical knowledge preparing you for a career in the ever-evolving finance sector, whilst also offering you the opportunity to take full advantage of our student experience options for electives and exchange.

The course covers advanced material on financial markets and financial decision making which is academically rigorous, practically oriented and globally relevant

Requirements

Entry Requirements

Admission criteria

To be considered for entry into this course, you must have completed:

an undergraduate degree with a major in finance or with a major sequence in finance that includes the following subjects:
o Financial Accounting (ACCT10002) or equivalent;
o Corporate Finance (FNCE20005) or equivalent;
o Investments (FNCE30001) or equivalent;
o Derivatives Securities (FNCE30007) or equivalent.
the Graduate Management Admissions Test (GMAT) or Graduate Records Examination (GRE), unless you have completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption.

Disciplines relevant to this course include finance.

If you have satisfied all the requirements for a Master of Finance offer, except for the Derivative Securities subject, you may be made an offer conditional upon completing an online intensive version of this subject prior to commencement of the course. Learn more about our online bridging subjects.

If you do not have a prior degree majoring in finance you are excluded from entry to this degree. Instead, you are encouraged to consider the Master of Management (Finance).

Meeting the published entry requirements for this course does not guarantee selection.

Where our admission criteria includes a minimum Weighted Average Mark (WAM) and/or specific subject criteria, these are based on University of Melbourne grades and subjects. If you've studied elsewhere, we'll assess your relevant prior studies and equivalent grades. Your final WAM may be adjusted depending on your previous institution's accreditation, subject grading, and pass marks.

Don't meet the prerequisite subject requirements?

You may have the option to enrol in specific single subjects through the University's Community Access Program, even if you are not enrolled in a course. Completing these prerequisite subjects may qualify you for entry into this course. This option is not available to student visa holders or applicants. Learn more about single subject study.

You can use our graduate coursework grade conversion eligibility calculator to get an indication of whether you are eligible for this course based on your previous studies and Weighted Average Mark (WAM).

Calculate your eligibility

English language requirements

All applicants to the University of Melbourne must satisfy the English language requirements. This may be achieved in a number of ways, including recognised previous study taught and assessed entirely in English or an approved English language test. If you are from a non-English speaking background, the required standard of English for this degree is one of the following English proficiency test scores:

English language test score requirements
If you need to undertake an English language test, you must meet one of the scores* below:

IELTS

7.0

with no band less than 6.5
TOEFL

94+

with writing 24; speaking 20; reading 19; listening 20
PEARSON

72+

with written communicative skill of 65 and no other communicative skill below 64
CAMBRIDGE

185+

with no skill less than 176
*Accepted tests: IELTS (Academic English Only); TOEFL Internet-based test; Pearson Test of English Academic; Cambridge English: Advanced/Certificate of Advanced English (CAE). If a test displays N/A, it means it is not accepted for this course.

About selection

When assessing applications, the Selection Committee will consider your previous studies and academic performance.

The Selection Committee may request additional information to clarify any aspect of an application, according to the University’s Academic Board rules regarding selection instruments.

Meeting the published entry requirements for this course does not guarantee selection.

The Selection Committee will also consider your GMAT or GRE score (if relevant).

English Program Requirements

English language test score requirements

If you need to undertake an English language test, you must meet one of the scores* below:

IELTS

7.0

with no band less than 6.5

TOEFL

94+

with writing 24; speaking 20; reading 19; listening 20

PEARSON

72+

with written communicative skill of 65 and no other communicative skill below 64

CAMBRIDGE

185+

with no skill less than 176

*Accepted tests: IELTS (Academic English Only); TOEFL Internet-based test; Pearson Test of English Academic; Cambridge English: Advanced/Certificate of Advanced English (CAE). If a test displays N/A, it means it is not accepted for this course.

Career

Graduates of the new Master of Finance (Enhanced) will forge international careers in the finance industry applying their technical skills to the areas of:

Investments
Banking
Corporate advisory
Financial analysis

As a graduate of the Master of Finance (Enhanced) you’ll be:

Knowledgeable across a variety of finance specialisations including financial markets, corporate finance, investment management, quantitative finance and financial technology
Skilled in analysing and solving complex financial problems
A critical thinker, aware of the contribution of financial theory to sound financial decision making in practice
An effective communicator of financial concepts and ideas to both specialist and non-specialist audiences
An effective team member through participation in collaborative exercises.
Adept at retrieval and manipulation of financial information and data from a variety of sources
Aware of the importance of applying high ethical standards in professional practice

Success Stories

The University of Melbourne and Melbourne Business School have a long tradition of our graduates moving into successful careers in the finance industry. These include:

Tim Holt

Senior Consultant
PwC

Johnson Xu

Network Developer (Blockchain)
AEM Technologies

Coral Lou

Assistant Vice-President
Citi

Graduate Research

The Master of Finance (Enhanced) also offers a pathway to the Doctoral Program in Finance.

If you are interested in pursuing a research pathway, you’ll need to have completed university level subjects in Calculus and Linear Algebra. If you have not previously studied these subjects, you may apply to the Master of Finance Program Director for permission to take Calculus 1 (MAST10005) and or Linear Algebra (MAST10007) as electives. Permission will only be granted where your academic performance in the degree up to that point has been of a very high standard. Application to the Doctoral program will require you to maintain a very high level of academic success for the full duration of the Master of Finance (Enhanced).