General requirements:
  • A three-year or four-year bachelor’s level qualification or higher with an excellent academic record in any subject involving the study of intensive quantitative disciplines

 English language requirements:

  • IELTS Academic: A minimum overall band score of 6.5 with no less than 6 in each segment
  • TOEFL PBT: A minimum overall score of 560 with a TWE score of at least 4.5
  • TOEFL iBT: An overall score of 92 with no less than 20 in each component
  • PTE Academic: A score of at least 58 with no communication score below 50
  • Cambridge English (Advanced): At least 176 overall with no less than 169 in each section

Application process: Online (through the official website of RMIT University)

Documents required for application:

  • Academic transcripts of all previous qualifications (both in original language and English)
  • Certificates of all prior qualifications (both in original language and English)
  • English language proficiency test scorecards
  • Resume or CV
  • Statement of purpose
  • Copy of passport or similar travel document

Career prospects

Studying the Master of Finance program at RMIT University is a fulfilling experience indeed, as many graduates from the department would wholeheartedly agree. Many students take up the Business Internship elective for putting in one or two days of work for a semester at a partner company as interns for valuable experience and applied learning through real-life situations. Moving on to lucrative job sectors in the booming economic sectors in Australia and the world over, the graduates of Master of Finance at RMIT University have found placements in the following career fields over the years.

  • Finance analyst
  • Business analyst
  • Accountant
  • Corporate analyst
  • Private equity analyst
  • Valuer
  • Reporting analyst
  • Management accounting and budgeting
  • Institutional and organisational banking
  • Financial planner
  • Business advisor and planner

As per government policies, the higher education institutions in Australia require charging a Student Services and Amenities Fee (SSAF) in addition to the tuition fees. The government of Australia determines the SSAF every year, and it covers the expenses of all the student services, amenities, and additional support services available at the higher education institutions of the country. International students must also purchase an Overseas Student Health Cover (OSHC) from an approved insurer for studying in Australia.

Annual tuition fees for Master of Finance at RMIT University: AU$ 34,560 (INR 17.54 lacs approximately)

Student Services and Amenities Fee (SSAF): AU$ 298 (INR 15,130 approximately)

Overseas Student Health Cover (OSHC): AU$ 437 (INR 22,188 approximately)

Tuition & expenses were last updated on 27th July 2017

Placement Information
Popular sectors
Job roles can include:
• Banker
• Financial controller
• Finance director
• Fund manager
• Credit manager
• Financier
• Financial analyst
• Treasurer
• Stockbroker
• Working capital specialist

Internships
• It is generally unpaid
• Applicants can choose Business Internship elective to gain practical experience and take a position for one or two days per week for one semester.

The Department of Foreign Affairs and Trade under the government of Australia offers DFAT scholarships to bright international students who meet the entry requirements and specific scholarship requirements of the country of their origin. The scholarship usually covers the tuition fee, a monthly stipend, the OSHC and other academic expenses for the international student at RMIT University.

Master of Business Administration

  • Duration - 2 Years
  • Eligibility - IELTS,TOEFL,PTE
  • Fee - INR 20.00 Lakhs/Year

Master of Engineering

  • Duration - 2 Years
  • Eligibility - IELTS
  • Fee - INR 16.39 Lakhs/Year

Student Guides