200 point program
2 years full-time / part-time unavailable
2 Year Program (200 Points)
1. In order to be considered for entry, applicants must have completed:
- an undergraduate degree in a relevant discipline, or equivalent, with studies in Business Finance, Investments and Corporate Finance (37.5 points), or their equivalents. UoM B-COM structure equates to the following subjects: Principles of Finance (FNCE10002), Corporate Financial Decision Making (FNCE20005) and Investments (FNCE30001);
- a personal statement outlining why they wish to be considered for the course; and
- the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption.
Meeting these requirements does not guarantee selection.
2. In ranking applications, the Selection Committee will consider:
- prior academic performance; and
- the GMAT or GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and
- the statement of intent.
3. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Admission and Selection into Course Policy.
4. The minimum English language requirements for this course are Band 6.5.
- Students who successfully complete the Graduate Diploma in Finance may be eligible to progress to the Master of Finance with 100 points credit.
- Students who discontinue from the Master of Finance but have successfully completed the requirements of the Graduate Diploma in Finance will be eligible to receive the Graduate Diploma in Finance as an exit award.
View handbook entry
Do I qualify for a GMAT/GRE exemption?
The GMAT or GRE is not mandatory for applicants who have previously completed an undergraduate degree at an Australian or New Zealand University.
Exemptions from the GMAT/GRE are applicable if you fit into the ‘humanitarian aid case’ category - i.e. you are an applicant who:
- is in receipt of a sponsored scholarship from a humanitarian aid organisation (eg AusAid)
- holds a permanent Humanitarian Visa for Australia
- can demonstrate that humanitarian crisis impacts on your ability to sit the GMAT/GRE (eg, residence in country where there has been a recent critical threat to their health, safety, security or well-being through armed conflict, epidemic, famine, or natural disaster).
Please note: If you are applying for a graduate research degree, GMAT or GRE results are mandatory.
What is a Statement of Intent?
Your application must include a statement of intent of no more than 500 words. It should describe your personal motivation to undertake further study, and can include details of your personal circumstances as well as your life and work experiences. It should emphasise any aspect of your personal history that may enhance your application, including extra-curricular activity, community involvement, work experience, relevant personal characteristics and any outstanding achievements.
What are the English language requirements?
The University of Melbourne has a set of English language requirements which all applicants must meet. If you have completed a previous degree which was taught and assessed entirely in English you do not have to undertake a test.
Minimum scores and tests accepted
For English language tests, we require documentary evidence of having obtained the minimum scores within the previous 24 months.
IELTS: 6.5 (with no band less than 6.0)
TOEFL (paper test): 577 with TWE 4.5
TOEFL (internet): 79 with Writing 21, Speaking 18, Reading 13, Listening 13
Pearson Test of English (Academic): 58-64 inclusive and no communicative skill below 50