MBA in Finance in Australia: Top Universities, Eligibility, & Intake

Pursuing an MBA in Finance in Australia can be a good step towards a successful and rewarding career in finance. With Australia’s strong economy, low unemployment rate, and excellent universities offering top-notch programs, this country presents a promising destination for aspiring finance professionals.

We will explore the admission requirements, eligibility criteria, study costs, and the benefits of pursuing an MBA in Finance in Australia.

Top Universities Offering MBA in Finance in Australia

Here is a list of some of the top universities in Australia offering MBA in Finance programs, along with their program duration and estimated fees:

University	Program Duration	Estimated Fee (per year)
University of Melbourne (Melbourne Business School)	1.5-2 years	AUD 89,000 - 95,000
University of New South Wales (AGSM)	1.5-2 years	AUD 89,000 - 95,000
University of Sydney Business School	1.5-2 years	AUD 83,000 - 90,000
Monash University	1.5-2 years	AUD 80,000 - 85,000
Australian National University (ANU)	2 years	AUD 80,000 - 85,000
University of Queensland (UQ)	1.5-2 years	AUD 75,000 - 82,000
University of Western Australia (UWA)	1.5-2 years	AUD 80,000 - 85,000

 

Explore MBA in Finance Details: Intakes & Course Structure

• Intakes for MBA in Australia
• MBA in Finance Course Details

Admission Requirements for MBA in Finance

Admission into well-known universities offering MBA programs in Finance in Australia requires meeting specific criteria. Below are the unique admission requirements for some of the top institutions:

University of South Australia

• Bachelor’s degree from a recognized university
• 3+ years of professional management experience

Western Sydney University

• Bachelor’s degree from a recognized university

The University of Newcastle

• Bachelor’s degree (honors) from a recognized university
• Updated Resume/CV

The University of Tasmania

• Bachelor’s degree from a recognized university

Bond University

• Bachelor’s degree from a recognized university
• 3+ years of professional management experience

Flinders University

• Bachelor’s degree from a recognized university

Eligibility Criteria for MBA in Finance in Australia

To be eligible for an MBA in Finance program in Australia, candidates must fulfill the following requirements:

• Must have Bachelor’s degree/Bachelor’s (honors) degree
• Minimum overall aggregate of 65-70% in academics
• 1-3 years of professional management work experience
• English Proficiency Test Scores: IELTS – 6.5, TOEFL – 88
• Must have Updated Resume/CV
• Official Transcripts
• Must Have a Valid Passport
• Must have a Student Visa

English Language Proficiency Test Scores

To meet the language requirements, applicants must achieve the following scores in English proficiency tests:

Top Universities	IELTS	TOEFL
The University of South Australia	6.5	79
Western Sydney University	6.5	82
The University of Newcastle	6.5	82
The University of Tasmania	6.5	88
Bond University	6.5	79
Flinders University	6.5	82

MBA Finance in Australia Tuition Fees

The total amount of fees of some top universities for MBA in Finance in Canada:

Top Universities	Tuition Fee (AUD)	Tuition Fee (INR)
The University of South Australia	37,900	21.4 lakhs
Western Sydney University	33,400	18.9 lakhs
The University of Newcastle	41,000	23.2 lakhs
The University of Tasmania	67,700	38.3 lakhs
Bond University	70,200	39.7 lakhs
Flinders University	37,600	21.3 lakhs

Accommodation

The estimated monthly cost of living in Australia:

Expense Type	Average Cost (AUD)	Cost Equivalent (INR)
Accommodation	1,495	82,010
Food	312	17,115
Travel	150	8,228
Internet	76	4,169
Utilities	207	11,354
Miscellaneous	86	4,717

It’s important to note that these figures are estimates and can vary based on towns, cities, personal preferences, and lifestyle.

Benefits of Pursuing an MBA in Finance in Australia

• Strong Job Market: Australia’s low unemployment rate indicates a growing job market with enough opportunities for MBA graduates in finance.
• Prestigious Universities: Australia is home to excellent universities that offer world-class MBA programs in finance, providing students with access to top-notch faculty and industry connections.
• Networking Opportunities: Studying in Australia allows students to connect with professionals and industry experts, enhancing their network and opening doors to future career opportunities.
• International Exposure: Pursuing an MBA in Finance in Australia provides students with a global perspective, as they interact with different people and gain experience in international business practices.
• Industry-Relevant Curriculum: The MBA programs in finance offered by Australian universities are designed to equip students with the knowledge and skills necessary to grow in the dynamic finance industry.
• Internship and Job Placement Assistance: Many universities in Australia provide internship and job placement assistance, helping students secure valuable hands-on experience and potential employment opportunities.
• Cultural Experience: Studying in Australia offers a unique cultural experience, allowing students to explore the country’s natural beauty, multicultural cities, and vibrant lifestyle.

Take away for you!

Pursuing an MBA in Finance in Australia opens doors to new career prospects in the finance industry. The high-quality curriculum, excellent universities, strong job market, and international exposure make Australia an ideal destination for students to study MBA in Finance.

By meeting the admission requirements, fulfilling the eligibility criteria, and considering the cost of studying, students can get on a transformative educational journey that sets them up for success in the world of finance.

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