MBA in Finance in Australia: Top Universities, Admission Process, Fees, Scholarships & Job Opportunities
MBA in Finance in AustraliaMBA in Finance in Australia is a popular postgraduate course for students who want to advance their careers in financial management, banking, and investment. This program focuses on core finance skills like budgeting, investment analysis, financial planning, and strategic decision-making.
The duration of MBA in Finance course in Australia is usually 1.5 to 2 years. The tuition fees range from $40,000 to $65,000 per year. MBA in Finance in Australia scholarship options are also available based on your academic performance and leadership potential.
To get admission into MBA in Finance program, you need a bachelor's degree, proof of English language proficiency, and in some cases, work experience or GMAT scores.
If you have any questions about the program or admission process, do not worry. In this guide, we have provided all the essential details about MBA Finance in Australia for Indian students, including top universities, eligibility, admission process, fees, scholarships, and career opportunities after graduation.
So, let's read it out.
MBA in Finance in Australia: Key Highlights
If you are serious about the MBA in Finance admission in Australia, study the key highlights of the MBA in Finance program in Australia provided in the table below.
Feature | Details |
Course Name | Master of Business Administration in Finance |
Duration | 1.5–2 years |
Basic Eligibility |
|
Entrance Exam | GMAT (optional) |
Admission Intakes |
|
Average MBA in Finance Fees | $40000–$65000 per year |
Scholarship Availability | Yes (merit-based, need-based, or diversity-focused) |
Job Prospects | Financial Analyst, Investment Banker, Portfolio Manager, Financial Manager, and more. |
Average Starting Salary | $65000–$80000 per year |
Top B-Schools in Australia |
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What is an MBA in Finance?
An MBA in Finance is also known as Master of Business Administration in Finance. It is a postgraduate degree that focuses on financial planning, investment, budgeting, and business management. It helps you gain skills to work in banks, financial institutions, or corporate finance roles.
If you are thinking of pursuing a finance program, MBA programs in Australia stand out.
MBA in Finance Program in Australia: Specializations
An MBA in Finance in Australia comes with a wide variety of specializations. Some popular finance-related specializations in Australian MBA programs include:
Top 10 MBA in Finance Specializations in Australia | |
Corporate Finance | International Finance |
Financial Technology | Risk Management |
Investment Management | Financial Accounting |
Investment Analysis | Wealth Management |
Applied Finance | Financial Planning |
MBA in Finance in Australia: Course Duration
The MBA in Finance course duration in Australia typically ranges from 1.5 to 2 years, depending on the university and the study mode you choose (full-time or part-time).
Some B-schools in Australia also offer accelerated MBA programs that can be completed in just 12–16 months, but they come with a more intense schedule.
If you are a working professional, you also have flexible study options, like weekend or online classes.
Why Choose MBA in Finance in Australia?
In this section, you will explore why studying MBA in Finance program from Australian universities is an ideal choice for Indian students.
- Australian universities offer globally recognized MBA programs with a strong focus on finance.
- The curriculum combines theoretical knowledge with real-world financial case studies and projects.
- Students gain access to top-notch faculty and modern learning facilities.
- Australia has a strong economy with growing opportunities in the finance and banking sector.
- International students can work part-time during studies and full-time during breaks.
- An Australian MBA in Finance degree can open doors to global career opportunities.
Also Check: MBA in Finance in UK
MBA in Finance in Australia Admission
Admission to MBA programs in Australian universities comes with many challenges. But don’t worry, this section is here to help.
We have gathered all the essential information related to MBA in Finance in Australia admissions for Indian students.
Here, you will find a complete step-by-step admission process, eligibility criteria, important application deadlines, and other key details to help you secure admission into a top MBA Finance program in Australia.
Important Intakes for Admission to MBA Programs in Australia
The first thing that should be considered while starting the admission process is to know the exact intakes and deadlines for the selected universities. Most universities in Australia have two major intakes for MBA programs:
- February Intake
- July Intake
Some universities also offer a September intake as a secondary option for admission to the MBA in Finance course in Australia.
Application deadlines are usually set 3 to 6 months before the intake month, so it is recommended to start preparing your application as early as possible.
Note: Always check individual university websites for exact dates to avoid missing any deadlines.
MBA in Finance Admission in Australia: Eligibility Requirements
To pursue an MBA in Finance in Australia, there are some admission requirements that students have to fulfill. These requirements may vary depending on the institution. Below are the basic criteria you must meet.
- A bachelor’s degree from a recognized university (any stream is accepted, but a background in commerce or finance is preferred)
- Minimum 60–70% marks in graduation
- English language proficiency
- Some universities also accept GMAT scores.
- Most top B-schools in Australia require 1–3 years of professional experience.
- Some universities may also consider your academic performance, Statement of Purpose (SOP), and interview performance.
Entrance Exams for MBA in Finance in Australia for Indian Students
There is no mandatory entrance exam for studying an MBA in Finance in Australia for Indian students. Many Australian universities either waive the GMAT requirement or make it optional, especially if you have strong work experience or academic records. However, top-tier business schools like Melbourne Business School may require a competitive GMAT score.
Moving on to other admission requirements for Indian students, you must provide proof of English language proficiency through one of the following tests:
- IELTS (6.5 or higher)
- TOEFL (80-100)
- PTE (58-65)
MBA Finance in Australia: Documents Required
Here is a quick checklist of documents you will need during your application process. These documents are crucial to verify your eligibility to pursue an MBA program in Finance in Australian universities.
- 10th, 12th, and graduation marksheets
- Valid passport
- Resume/CV
- IELTS/TOEFL/PTE scorecard
- GMAT score (if required)
- Statement of Purpose (SOP)
- Letters of Recommendation (LORs)
- Proof of work experience (if applicable)
- Financial documents (for visa and funding proof)
Note: Make sure your documents are scanned, updated, and formatted correctly as per the university’s application portal.
MBA in Finance Admission in Australia Step-by-Step Process
Here is the step-by-step process you must follow for MBA in Finance in Australia admissions.
Step | Description |
Research and Shortlist | Explore top Australian universities and business schools offering MBA (Finance) programs that align with your career goals, tuition budget, and preferred location. |
Check Eligibility | Carefully review the admission criteria for each university. This includes minimum academic scores, required work experience, and GMAT or English proficiency requirements. |
Prepare Documents | Collect all documents, including academic marksheets, updated resume/CV, Statement of Purpose (SOP), and letters of recommendation from academic or professional referees. |
Take English Test | Prove your English language proficiency by taking one of the approved tests: IELTS, TOEFL, or PTE Academic, as required by your chosen institutions. |
Apply Online | Submit your application through the official university portal. Most universities charge an application fee, so keep your payment method ready. |
Attend Interview (if required) | Some top universities may invite shortlisted candidates for a personal interview or a virtual video call assessment to evaluate your skills. |
Accept Offer | Once you receive an offer letter, accept it formally and start your Australian student visa application process. |
Top Universities for MBA in Finance in Australia
There are several MBA Finance colleges in Australia for Indian students with high-quality education and exceptional career opportunities. To get enrolled in the program, you must know about those colleges and their USPs in advance for an informed decision.
The following table specifies the top-ranked universities in Australia for MBA in Finance, along with the QS World Ranking report 2025.
Top B-Schools in Australia | National Ranking 2025 | Global Ranking 2025 |
Melbourne Business School | 1 | 32 |
UNSW (AGSM) | 2 | 33 |
University of Sydney Business School | 3 | 45 |
UQ Business School | 4 | 81 |
Macquarie Business School | 5 | 101-110 |
University of Western Australia Business School | 6 | 121-130 |
MBA in Finance in Australia Fees: University-Wise
The MBA in Finance fees in Australia for Indian students are one of the most important factors to consider while planning your studies. Tuition costs can vary significantly depending on the university and program structure.
On average, the tuition fees for an MBA in Finance program in Australia range between $38500 and $60000 per year for Indian students.
Below, we have provided a university-wise breakdown of MBA in Finance fees in Australia to help you estimate your budget more accurately. These fees are approximate and cover tuition costs only.
University/Business School in Australia | Annual Tuition Fees (approx.) |
Melbourne Business School | $50,000 – $75,000 |
AGSM (University of New South Wales - UNSW) | $54,000 – $70,000 |
University of Sydney Business School | $40,000 – $60,000 |
UQ Business School | $40,000 – $61,000 |
Monash Business School | $44,000 – $67,000 |
Macquarie Business School | $30,000 – $54,000 |
University of Western Australia Business School | $32,000 – $64,000 |
ANU College of Business & Economics | $32,000 – $57,000 |
RMIT University (RMIT Business School) | $32,000 – $44,000 |
University of South Australia (UniSA) | $29,000 – $41,000 |
Note: Fees are indicative and may vary. Always check university websites for the latest details.
Cost of Living in Australia
For exact information about the total cost of studying MBA in Finance in Australia, you must consider the cost of living along with the tuition fees. Here we have compiled the average monthly cost of various expenses you may incur while pursuing your MBA in Finance program in Australia.
Expense Type | Monthly Cost (approx.) |
Accommodation | $700 – $1500 |
Food and groceries | $300 – $500 |
Transport | $100 – $150 |
Health Insurance | $40 – $60 |
Miscellaneous | $100 – $200 |
Notes:
- The figure mentioned above is the estimated monthly cost of living in Australia. It may vary as per your lifestyle, accommodation type, location, and other factors.
- Health insurance (OSHC) is mandatory for international students in Australia.
MBA in Australia Scholarships for Indian Students
Australia offers multiple scholarships to Indian students pursuing MBA programs in finance in Australia. These scholarships are awarded to the students based on their academic merit, leadership potential, work experience, and sometimes financial need.
For the application process, you need to do some research to find the right scholarship. To help you make an informed decision, we have listed the most popular scholarships available for Indian students pursuing an MBA in Finance in Australia.
Scholarships | Offered By | Benefits |
Australia Awards Scholarship | Australian Government | Full tuition, living expenses, and more |
Endeavour Postgraduate Scholarship | Australian Government | Up to AUD 272,500 for two years |
Melbourne Business School Scholarships | University of Melbourne | Up to AUD 50000 |
AGSM Global Reach Scholarship | UNSW (AGSM) | Up to AUD 45000 |
Monash International Leadership Scholarship | Monash University | 100% tuition fee waiver |
UQ MBA Scholarship for High Achievers | University of Queensland | Up to 25% of tuition fees |
Macquarie University India Scholarship | Macquarie Business School | AUD 10000 - 15000 |
Sydney Scholars India Scholarship | University of Sydney | Up to AUD 40000 |
Tips to Apply for Scholarships
How to apply for Australian scholarships is as important to know as knowing which are the best scholarships for Indian students. Do not worry; we have listed some tips to apply for scholarships for studying MBA in Finance in Australia.
- You have to apply early, as some scholarships have deadlines up to 8–12 months before the course starts.
- You must maintain a strong academic record and GMAT score (where required).
- You need to prepare a solid statement of purpose (SOP) and letters of recommendation.
- Last but not least, highlight your leadership experience, professional achievements, and goals related to finance.
Career Opportunities after MBA in Finance in Australia
One of the best parts of pursuing an MBA in Finance from Australian university is the career opportunities that come after the course. With strong knowledge of finance and management, you can step into exciting roles across different sectors. Graduates can explore jobs in investment banking, corporate finance, asset management, private equity, consulting, and the growing FinTech industry.
Popular Job Roles After MBA Finance from Australia
After completing an MBA in Finance course from Australian university, you can explore a wide range of career opportunities. Here we have provided the most popular job roles for you after MBA in Finance from Australia.
- Financial Analyst
- Investment Banker
- Corporate Finance Manager
- Portfolio Manager
- Risk Manager
- Chief Financial Officer (CFO)
- Financial Consultant
MBA in Finance in Australia: Salary Insights
Here we have specified the profile-wise average starting salary you can expect after successfully completing your MBA in Finance program in Australia.
Job Profile | Average Stating Salary |
Financial Analyst | $53,000 – $63,000 |
Investment Banker | $65,000 – $100,000 |
Risk Manager | $60,000 – $85,000 |
Finance Manager | $65,000 – $90,000 |
Portfolio Manager | $70,000 – $1,10,000 |
Financial Consultant | $57,000 – $80,000 |
CFO (mid-size company) | $1,00,000 – $1,70,000 |
Top Recruiters Hiring MBA Finance Graduates From Australia
Finance graduates from top B-schools in Australia are highly valued in the global financial market. This means that after studying an MBA in Finance in Australia, you will become a strong candidate for roles in leading consulting firms, investment banks, and global corporations.
In the table below, we have listed industry-wise recruiters hiring MBA Finance graduates.
Industry | Companies |
Big Four | Deloitte, EY, PwC, KPMG |
Australian Banks | ANZ, Westpac, Commonwealth Bank, NAB |
Global Firms | J.P. Morgan, Goldman Sachs, HSBC, Macquarie Group |
Consulting Firms | BCG, McKinsey, Bain & Co. |
Conclusion
In final words, if you are planning to boost your career with an MBA in Finance, Australia is truly one of the smartest choices out there. With globally ranked universities, an industry-specific curriculum, and strong placement support, this program covers all the essential aspects you need.
To apply for MBA in Finance admission in Australia, you are advised to check the official updates of the selected university and follow the admission process effectively. We are hoping this guide has helped you with all your queries related to pursuing a master's degree in finance in Australia.
Thanks for reading!
Frequently Asked Questions
Ques. What is the duration of an MBA in Finance in Australia?
Ans. The duration of an MBA Finance course in Australia is generally between 1.5 and 2 years, depending on the university and program structure.
Ques. Is work experience mandatory for MBA in Finance admission in Australia?
Ans. Yes, most universities in Australia require 1 to 3 years of professional work experience for admission to an MBA in Finance program.
Ques. What is the average tuition fee for an MBA in Finance in Australia?
Ans. The average MBA in Finance in Australia fees range from $40,000 to $65,000, depending on the university.
Ques. Are scholarships available for Indian students in Australia?
Ans. Yes, there are several university-specific and external scholarships available for Indian students. These are offered based on academic performance, leadership potential, and financial need.
Ques. What are the career prospects after an MBA in Finance from Australia?
Ans. MBA graduates from Australia can explore roles in investment banking, financial analysis, corporate finance, asset management, consulting, and FinTech.
Ques. Do I need to take the GMAT for MBA in Finance admission in Australia?
Ans. The GMAT is not always mandatory. Many universities waive it, especially if you have strong work experience or academic credentials. However, top universities like Melbourne Business School require a GMAT score.