MBA Finance in Australia: Universities, Eligibility, Scholarships and Job Opportunities

MBA in Finance in Australia is a 1.5 to 2-year long program offered at multiple institutes across the states of Australia. The program takes the students through business, management and financial topics of time, value of money, risk, return, capital budgeting, capital structure and financial decision making. 

Finance as a field can have different approaches, hence postgraduate programs like Master of Applied Finance, Master of Commerce in Finance, Master of Financial Technology in Finance, Master of Business in Finance can alternatively offer similar skills and understanding of the field than an MBA in Finance. 

Universities for MBA Finance in Australia

• Western Sydney University 
• University of South Australia
• University of Tasmania 

Universities Offering Alternative Finance Programs

Eligibility Criteria for MBA in Finance in Australia

The common admission requirements for MBA Finance programs in Australia are discussed within this section. Universities may have specific and different requirements for students. So, updated guidelines and international education experts can be consulted before making an application.  

1. Minimum Level of Education - Bachelor’s Degree or equivalent 

2. Minimum CGPA -  50%.

3. One of Minimum English Language Proficiency Scores:

4. IELTS – 6.5 

5. PTE  – 50-60

6. TOEFL – 79

Documents Required for MBA in Finance in Australia 

Application for MBA programs in Australian universities can be made with the following documents.

1. Academic transcripts

2. Undergraduate certificates

3. English language test reports

4. CV or Resume

5. Statement of purpose

6. Letter of recommendation 

NOTE: Every university has different document requirements; therefore the exact requirement must be confirmed before making an application.  

Scholarships for MBA in Finance in Australia

Multiple university scholarships can be availed by international students to study MBA Finance in Australia and external scholarships or sponsorships. Some of the university scholarships are given below. 

University of South Australia International Merit Scholarship 

International students with a GPA of 5.0 or equivalent in the previous studies receive a 15% reduction in their tuition fee for the complete duration of the course upon meeting the criteria.  

Vice Chancellor’s Academic Excellence Postgraduate Scholarship

International students fulfilling the criteria receive a 50% reduction on tuition fee for the complete duration of the program at Western Sydney University.  

Western Sydney University, Sydney City Campus International Student Scholarship 

International post graduate students with academic achievements are awarded $6,000 and $3,000 for up to two years upon satisfying all admission requirements.

Tasmanian International Scholarship

The University of Tasmania automatically offers eligible international applicants for postgraduate programs, a reduction of 25% of the tuition fee for the complete duration of the course.  

Job opportunities After MBA Finance in Australia

MBA Finance graduates from Australia get employed in various roles in the national and international enterprises across the world. Some job roles and their descriptions listed below.   

1. Financial Advisor – offers assistance in business model’s feasibility, plan outlining and timelines for profitability routes. 

2. Investment Banker – help raises capital by issuing stock, floating bonds, accusations and mergers.  

3. Investment Analyst – evaluates financial and investment information for buying, selling and holding recommendations for bonds, stocks and options.

4. Analytics Manager – develops strategies for effective data analysis and reporting and work closely with leaders across product, sales, and marketing teams to support and implement high-quality, data-driven decisions.

5. Finance Manager – advise senior managers on profit making ideas, ensure business processes, administration, and financial management and leads planning and forecasting business activities with partners. 

6. Management Consultant – plans and advises businesses to solve organizational issues, create value, maximize growth and improve business performance. 

7. Strategy Manager – reviews aspects of the organization to determine strengths, weaknesses, operational effectiveness, and improvement opportunities.

8. Product Manager – defines strategy, connects design knowledge, and customer needs to develop feasible and valuable products.   

9. Commercial Manager – takes responsibility for budget, sourcing services and resources and managing costs involved in different projects.  

MBA Finance graduates are employed in companies across finance, software, hospitality, banking, retail, media and many other industries and government departments. 

Conclusion 

International students with graduation in different fields can opt for an MBA program in Finance in Australia. The program focuses on finance from the management perspective. However, some other finance programs touch upon similar topics and develop similar skills where the approach to finance is different. Students should choose the right program for themselves to study abroad with the help of expert advisors at Canam. Visit the nearest office or connect virtually .

Also read: How to Plan Your Australian Education