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MBA in Finance in Australia: Top Universities, Course Fees, Eligibility & Scholarship in 2025-26

Author Name - Educationvibes, Jan, 04 2025

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Australia is one of the top destinations for studying MBA in finance among international students. The enrollment cap in 2024 was mind-blowing. Australia has around 717,500 international students in the last year (i.e. 2024). The Australian government has set a cap of 270,000 on the number of management aspirants that can be enrolled by international education providers. This is one of a series of reforms to make the international management aspirants, especially MBA in finance in Australia, that we discuss here more sustainable and fairer.

MBA Finance in Australia: A Bird’s Eye View

Australia is a country with 42 top-class universities, with 37 public Australian institutes, 3 private and 2 private international universities. Here is a glance at the Master of Business Administration (Finance) in Australia.

Program Name: Master of Business Administration (Finance)
Type of University: Public and Private
Duration of the Program: 1 to 2 Years
Average Course Fee: AUD 50,000 to AUD 81,400
Top 3 Globally Ranked Universities: Melbourne Business School
UNSW (AGSM)
University of Sydney Business School
Intake: February and July

What Makes MBA in Finance Different From General Management Programs?

An MBA in Finance program is a specialized PG course that concentrates on the regulations as well as conventions of finance within the business context. A comprehensive understanding of finance, investment, risk assessment, and strategic decision-making is taught through the 1 to 2 years MBA (Finance) program. This management degree is quite different from the general management program. It mainly focuses on financial and monetary aspects and management. If you plan to study an MBA in accounting and finance in Australia, this MBA finance program can be your choice.

Why Study an MBA in Finance in Australia?

For many years, Universities in Australia have ranked among the top in the world for quality education, student satisfaction, and overall international reputation. It is an ideal destination for finance education due to its growing financial sector and globally renowned colleges.

Top Colleges offer MBA in finance programs that mix theoretical knowledge with real-world applications across various domains through case studies, and industry internships. In addition, a diverse classroom environment, contacts with business leaders, and internship opportunities are advantageous to international students.

If you want a high-quality education system, globally ranked business schools, diverse and welcoming culture, Australia is the best place for you!

Top Universities in Australia for MBA in Finance

Your Australian MBA in finance qualification can open up global career opportunities in financial management. MBA Graduates of Australia are in demand worldwide. Employers in Australia and the world know that Australian MBA qualifications are contemporary, industry-relevant, and world-class. Let’s explore the top MBA finance colleges in Australia.

Business Schools	National Rank	Global Rank	Avg. Tuition Fees	Duration
Melbourne Business School	1	30	AUD 89,500	1 Year
UNSW (AGSM)	2	31	AUD 87,820	16 Month
University of Sydney	3	50	AUD 75,000	18 Month
UQ Business School	4	75	AUD 80,808	1 Year
Monash Business School	5	84	AUD 64,300	2 Year
Macquarie Business School	6	101	AUD 80,000	1 Year
Australian National University	7	111	AUD 66,800	18 Month
University of Western Australia	8	131	AUD 73,500	16 Month
RMIT University	9	151	AUD 63,360	18 Month
University of South Australia	10	153	AUD 61,300	2 Year

MBA in Finance in Australia: Course Fees in 2025

The cost of a Master of Business Administration in Finance in Australia varies by business school but can range between AUD 50,000 and AUD 100,000.

MBA in Finance in Australia: Eligibility & Admission Requirements

To be eligible for a Master of Business in Finance in Australia, you must fulfill the following requirements:

You must have a UG or Bachelor’s degree (honors), preferably in business, economics, management, statistics, accounting, or its relevant field
You must have a minimum overall aggregate of 65-70% throughout your academics
1-3 years of professional management work experience is desirable, but not compulsory
English language proficiency Test Scores: IELTS – 6.5, TOEFL – 88 (varies across universities/business schools)
You must have an Updated Resume/Curriculum Vitae
Official Transcripts
Letter of recommendations
Statement of Purpose
You must have a Valid Passport (not less than 6 months)
You must have a Student Visa before you fly to Australia

Career Scope & Average Salary After MBA in Finance in Australia

The average salary for a Master of Business Administration (MBA) in Finance in Australia varies depending on the sectors and roles. The career scope differs from experience to fresh graduate.

Designation/Position	Average Salary in AUD Per Year
Finance Manager	AUD 130,000
Investment Banker:	AUD 100,000
Financial Analyst	AUD 70,000
Risk Manager	AUD 90,000
Finance and Banking	AUD 120,000
Consulting	AUD 100,000
Technology and Innovation	AUD 140,000
Healthcare Management	AUD 140,000

Masters in Finance (MBA-Financial Management/Finance) is one of the most lucrative domains for management graduates in Australia. Some top employers for MBA in finance graduates include: Westpac Banking Corp, Cognizant, and Deloitte Consulting LLP.

Top Scholarships For MBA Finance in Australia

MBA in Australia Here is a table summarizing the top 5 scholarships for international students to pursue an MBA in Finance in Australia:

Sl. No.	Scholarship	Offered By	Eligibility	Coverage	Deadline
1	Australia Awards Scholarships	Australian Government	Students from eligible countries in Asia, Pacific, Africa, etc.	Full tuition, living expenses, travel costs	usually around April)
2	Global Leaders Scholarship	University of Queensland	High academic achievers in Business or Finance	15-25% tuition fee reduction	Rolling basis
3	AGSM MBA Scholarships	UNSW Business School	Exceptional academic and professional achievements	Partial to full tuition coverage	Varies
4	Melbourne Business School Scholarships	Melbourne Business School	Merit-based for MBA candidates	Partial to full tuition coverage	Varies
5	Monash MBA International Excellence Award	Monash University	Outstanding international students	Up to $16,000	Varies

Work Opportunity After MBA in Finance in Australia

Given Australia's highly competitive business landscape, there are strong job prospects for MBA finance graduates. As a management graduate in finance, you can find multiple high-paying job opportunities across industries, such as finance, consulting, healthcare, and technology, to name a few.

Work Visa Requirements in 2025

If you plan to study and work in Australia after completing your MBA finance, you will need a work visa. The most common work visa for you as an international student is the Temporary Graduate Visa (subclass 485). To be eligible for this work visa, you must have the following:

You must have completed at least 2 years of study in Australia
You must be prepared to wait 6 to 12 months for your work visa to be processed
Expect your work visa to work in Australia to be valid for a minimum of 18 months to 4 years

Return On Investment

Australia has a strong economy and a low global unemployment rate. Thus, an MBA in Finance in Australia can offer you a substantial ROI. The average salary for a fresh graduate is between AUD 60,000 and AUD 80,000. Also, the average salary for 2-3 years of MBA graduates can earn up to AUD 106,000 annually.

The best thing is an MBA finance graduate from Australia can lead to enhanced career growth in the global job market. The potential salary increases of 50 to 100%.

The Key Takeaway For You!

Pursuing an MBA in Finance in Australia opens up a plethora of career prospects in the finance industry. The top-notch global curriculum, excellent business schools, strong job market, and global exposure set Australia as an ideal country for international students to study Master of Business Administration in Finance.

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

Looking for one-to-one counseling with our expert counselors to study MBA finance in Australia? Explore what Indian management aspirants have to say about Education Vibes in shaping their future!!

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