Jul 01, 2025
Finance has become a top choice for students aiming to build impactful careers in today's global economy. If you're considering a masters in Australia, you're on the right track. Australia offers a blend of world-class education and practical experience, especially in finance. With its strong ties to the Asia-Pacific markets and a thriving financial sector, studying finance here provides both academic excellence and real-world exposure.
Moreover, Australia's welcoming multicultural environment and post-study work opportunities make it an attractive destination for international students. Whether you're interested in investment banking, corporate finance, or fintech, pursuing a master's in Australia can set you on the path to success. This blog will walk you through each step required to study finance as a master's in Australia. So, let's get started!
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Study in Australia for international students is a rewarding opportunity due to several factors that make the experience high-quality, practical, and worth the investment. If you're considering a Masters in Finance, here’s why Australia could be your ideal destination:
When it comes to building a strong foundation in global finance, the top universities in Australia are known for their academic excellence, strong industry links, and practical approach to learning. Let’s take a look at some of the top choices.
| University | Program | Indicative Annual Tuition Fees | QS world University Ranking 2025 |
| University of New South Wales, Sydney | Master of Finance | AU$ 59000 | 19 |
The University of Queensland | Master of International Economics and Finance | AU$ 50560 | 40 |
| Master Of Finance and Investment Management | AU$ 53760 | ||
| The University of Western Australia | Master of Applied Finance | AU$ 46200 | 77 |
The University of Adelaide | Master of Applied Finance | AU$ 49900 | 82 |
| Master of Finance | AU$ 49900 | ||
| University of Technology Sydney | Master of Quantitative Finance | AU$ 45790 | 88 |
| Master of Finance | AU$ 46690 | ||
| RMIT University | Master of Finance | AU$ 46080 | 123 |
Macquarie University | Master of Banking and Finance | AU$ 43200 | 133 |
| Master of Applied Finance | AU$ 47600 | ||
| Master of Applied Finance (Financial Services) | AU$ 32064 |
|
| Master of Applied Finance (Investing and Financial Services) | AU$ 32064 | ||
| Master of Applied Finance (Investing) | AU$ 32064 | ||
| The University of Newcastle | Master of Applied Finance | AU$ 41210 | 179 |
| Deakin University | Master of Finance | AU$ 43600 | 197 |
| Griffith University | Master of Finance | AU$ 37000 | 255 |
| Swinburne University of Technology | Master of Finance | AU$ 40200 | 291 |
Note: The tuition fees mentioned are indicative and subject to change. For the latest and most accurate information, please refer to the official university websites. The universities and courses highlighted here are some of the standout choices, but there are many more options available to suit your academic and career aspirations.
One of the most important factors to consider before pursuing a Masters in Finance in Australia is the cost of education. While dreaming big is important, budgeting right is equally essential.
Let’s break it down for you. We’ve already touched on the tuition fees for some of the top universities above, but the total cost goes beyond just academic expenses. It includes several pre-arrival and post-arrival costs that international students need to keep in mind.
Understanding the cost of education in Australia can help you make better financial decisions, apply for scholarships on time, and plan for your study abroad journey with more confidence. Here’s a simplified overview:
| Cost Category | Details | Estimated Cost (AUD) |
| Pre-Arrival Cost | ||
| University Application Fees | Varies by University | AUD 50 – 150 |
| Student Visa Application Fees | Subclass 500 Visa | AUD 1600 |
| IELTS/TOEFL Registration | English proficiency tests |
|
| GRE/GMAT (if required) | Mostly for competitive universities |
|
| Post-Arrival Cost | ||
| Tuition Fees | Average Annual cost for Finance programs | AUD 40,000 - AUD 50,000 |
| Accommodation | On Campus/Off Campus etc. | AUD 800 – 1,800 per month |
| Food and Groceries | Basic Monthly expenses | AUD 300 – 600 per month |
| Transportation | Public transit & passes | AUD 100 – 200 per month |
| Miscellaneous | Books, supplies, internet, etc. | AUD 150 – 300 per month |
Note: The costs mentioned are indicative and may fluctuate depending on currency exchange rates, lifestyle, personal preferences, and other individual factors.
It might feel a bit overwhelming to look at all the minute costs involved and start questioning your goals. However, the good news is that there are scholarships in Australia offered by universities, Government, and private organisations that can lift the weight of the costs involved. Additionally, there are many funding options that can reduce the overall cost of education substantially and make your dream of pursuing finance in Australia achievable.
Here are some of the best scholarships that international students consider:
| Scholarship Name | Offered By | Coverage |
| International Student Award | University of New South Wales, Sydney | 15% tuition fee reduction for the entire program |
| UQ International Excellence Scholarship | The University of Queensland | Up to 25% of tuition fees |
| Global Excellence Scholarship | The University of Western Australia | AUD 12,000 per year |
| UTS Academic Excellence Scholarship | University of Technology Sydney | 30% of the total tuition fees |
| Global Citizen International Scholarship | The University of Adelaide | 15% to 30% of tuition fees |
Before applying to your dream university, it’s important to make sure you meet the basic eligibility requirements. Here’s what most Australian universities generally expect:
Once you've shortlisted your course and university, the next step is putting together the right documents. Having everything ready in advance can speed up your application process and avoid last-minute stress.
Here’s what you’ll typically need:
The worth of a program intensifies when it paves the way to opportunities that shape your desired future. When you pursue a Masters in Finance in Australia, you build a solid foundation to land lucrative jobs. Here are a few best job options post your Masters in Finance in Australia -
| Job Role | Indicative Annual Average Salary |
| Financial Analyst | AUD 70,000 – 85,000 |
| Investment Analyst | AUD 75,000 – 90,000 |
| Risk Analyst | AUD 70,000 – 80,000 |
| Corporate Finance Associate | AUD 75,000 – 90,000 |
| Treasury Analyst | AUD 70,000 – 85,000 |
| Credit Analyst | AUD 65,000 – 78,000 |
Note: Salaries may vary depending on the location, company, and your background.
Your finance journey in Australia isn't just about textbooks and lectures, it's about building connections that last a lifetime!
That wraps up everything you need to know before applying for a Masters in Finance in Australia. If you're feeling ready but unsure where to begin, our Study in Australia consultants at KC Overseas are here to help, guiding you through applications, visas, and everything in between. Let’s make your study abroad journey smooth and hassle-free.
Ans:- The course usually takes 1.5 to 2 years to complete, depending on the university and your chosen program structure.
Ans:- Here are 7 simple steps to apply for a Masters in Finance in Australia:
Ans:- Yes, you can! If you’ve studied math or business-related subjects earlier, you’re usually eligible to apply for finance programs.
Ans:- Many finance programs offer internships or practical components, especially in the second year. It’s a great way to gain real industry experience while studying.
Ans:- Not always, while a few top universities might ask for a GMAT score, most don’t. They usually focus more on your academic record and English language proficiency scores.