Master of Management (Accounting and Finance)
Postgraduate · 2 years · Parkville Campus, Melbourne
A$46,000
Annual Fee (AUD)
₹25.1L/yr
Fee in INR
6.5+
IELTS Min
2 years
Duration
Course Overview
Qualification
Masters
Duration
2 years full-time
Campus
Parkville Campus, Melbourne
Intakes
February & July
Annual Fee (AUD)
A$46,000
Annual Fee (USD)
$29,900
Living Cost (AUD/yr)
A$22,000
Total Course Fee
A$92,000
Why Choose Melbourne for Master of Management (Accounting and Finance)?
The University of Melbourne is Australia's #1 university and ranks #13 globally. For Master of Management (Accounting and Finance), Melbourne offers world-class research infrastructure, strong industry connections across Australia's most vibrant city, and a graduate model that allows you to build breadth across disciplines before specialising. Melbourne graduates are among the most employable in Australia — the city is home to 80% of Australia's top ASX companies, a growing tech hub, and the nation's leading healthcare cluster. After graduation, the Australian Graduate Visa allows 2–4 years of open work rights depending on your qualification level, with a clear pathway to Permanent Residency through Skills Assessment or Employer Sponsorship.
#13 QS — Australia's #1
Graduate Visa 2–4 years
80% of ASX top companies in Melbourne
Excellence in Research
30,000+ international students
Clear PR pathway via skills list
Career Outcomes after Master of Management (Accounting and Finance)
A$90K/yr
≈ ₹11L/yr in India
A$105K/yr
≈ ₹14L/yr in India
A$110K/yr
≈ ₹15L/yr in India
* Salary estimates for Australian market. Indian equivalents are approximate comparisons.
English Language Requirements
6.5+
IELTS Academic
No band below 6.0
79+
TOEFL iBT
Writing 21+
58+
PTE Academic
No band below 50
Total Cost of Study (Indian Students)
Visa & Work Rights — Australia
Student Visa
Subclass 500 Student Visa
Work Rights (Term)
48 hrs per fortnight
Work Rights (Vacation)
Unlimited during study breaks
Post-Study Visa
Graduate Visa (Subclass 485) 2–4 years
PR Pathway
Skilled Migration via Skills List
Spouse Work Rights
Open work rights for partner
Post-Study Work Rights & PR Pathway
485 Graduate Visa (Temporary Graduate)
After completing your degree, apply for the Subclass 485 Post-Study Work Stream. Work full-time anywhere in Australia — 2 years for Bachelor's, 3 years for Honours/Masters, 4 years for PhD.
Skilled Independent Visa (Subclass 189) Pathway
Australian work experience from your 485 Visa contributes to your points for the Skilled Independent Visa (SC 189). Skilled occupations from engineering, IT, healthcare, and accounting fields are in high demand.
Currency note: INR figures are indicative (1 USD ≈ ₹83.5). Actual amount may vary with exchange rates. Use the converter below for a live estimate.
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About Master of Management (Accounting and Finance)
University of Melbourne's Master of Management (Accounting and Finance) is a 2 years Masters programme based at Melbourne, Australia. The programme accepts students into its February and July intakes and provides a structured pathway from foundational principles through to professional-level competency and research capability.
Core modules span financial markets and institutions, quantitative finance, investment analysis, corporate valuation, behavioural finance, and financial econometrics. Students acquire both the technical skills for financial modelling and the judgment required for sound investment and risk decisions. Many programmes include Bloomberg certification or CFA preparatory content, giving graduates a tangible credential advantage when entering competitive financial services recruitment processes. The programme fee is approximately ₹25.1 lakh per year for international students. Jaivik Overseas Consultants provides end-to-end support for Indian students applying to University of Melbourne, including documentation, SOP preparation, and visa guidance.
Career Outcomes After Master of Management (Accounting and Finance)
The Master of Management (Accounting and Finance) from University of Melbourne opens pathways into a wide range of professional roles in Australia, including Financial Analyst, Investment Banker, Portfolio Manager, Risk Manager. In Australia, professionals in this field earn an average of USD 110,000 annually — approximately ₹91.8 lakh — with rapid salary growth for those who develop specialist expertise. Graduate employment in this sector is strong, particularly in financial centres, with growing opportunities in sustainable finance and financial technology. University of Melbourne's career services and alumni network provide students with connections to employers across Australia and beyond, supporting internship placements and graduate recruitment.
$135K–$194K
Typical Graduate Salary (USD/yr)
Australia
Primary Job Market
Why Study Master of Management (Accounting and Finance) in Australia?
For Indian students, Australia combines strong university rankings with accessible post-study pathways and a diverse, multicultural society. The Temporary Graduate Visa allows international graduates to remain in Australia and work for up to four years after completing their degree, and this experience counts directly toward skilled migration applications. Australia's growing healthcare, technology, construction, and resources sectors are particularly strong, and the country's general skills shortage creates excellent employment prospects for qualified graduates.
📰 2026 Update: Subclass 485 post-study work rights extended for regional graduates in 2026 — student visa conditions also updated for course load requirements — ask our counsellors how this affects your application.
Entry Requirements Summary
Minimum eligibility for Indian students applying to Master of Management (Accounting and Finance) at University of Melbourne. Requirements vary by department — contact Jaivik Overseas for personalised eligibility assessment.
- 1IELTS Academic: Minimum 6.5 overall (no individual band below 5.5 for most programmes)
- 2TOEFL iBT: Minimum 79 (with section minimums varying by department)
- 3PTE Academic: Minimum 58 (no communicative skill below 42)
- 4Bachelor's degree (minimum 55–60% or equivalent GPA) in a relevant subject area
- 5Intake: February and July — early application recommended to secure scholarship consideration
- 6Application deadline: Typically 3–6 months before the February and July intake; early applications are strongly advised
- 7Academic transcripts: Attested/notarised copies of all marksheets and degree certificates
- 8Statement of Purpose (SOP): 500–1,000 words outlining your academic background, career goals, and motivation for this programme
- 9Letters of Recommendation (LORs): Typically 2–3 academic or professional referees
- 10Valid passport with at least 18 months of validity
- 11English language test scores: IELTS/TOEFL/PTE Academic (not more than 2 years old at time of application)
Not sure if you qualify?
Jaivik Overseas Consultants offers a free eligibility check — we review your academic profile and English scores against current entry requirements and advise on your application strategy at no cost.
Live Intake Status — 2026/27
February 2027 — Next cycle upcoming
Estimated application deadline: November 2026. Apply early — strong profiles fill fast.
July 2026 — Applications OPEN
Apply now — intake in 1 month. Estimated deadline: April 2026
Master of Management (Accounting and Finance) for Indian Students: Fees, Eligibility & Application
The tuition fee for Indian students pursuing Master of Management (Accounting and Finance) at University of Melbourne is approximately ₹25.1L per year (USD $29,900). Total programme costs vary depending on duration — Indian students should also budget for living expenses, health insurance, and one-time application fees when planning finances.
The IELTS requirement for Indian students applying to Master of Management (Accounting and Finance) at University of Melbourne is a minimum overall band of 6.5. Most universities require no individual sub-band below 6.0. TOEFL iBT 79+ is typically accepted as an alternative, and PTE Academic scores may also be considered.
For the intake for Indian students, University of Melbourne accepts applications for the February and July intakes. Starting your application 4–6 months before the deadline is strongly recommended to allow adequate time for document preparation, statement of purpose drafting, reference letters, and student visa processing.
There are several scholarship for Indian students at University of Melbourne worth exploring — including merit-based university awards, government-sponsored scholarships (such as Commonwealth Scholarships and GREAT Scholarships for UK universities), and country-specific funding for students from India. Jaivik Overseas can help you identify and apply for scholarships you qualify for at no extra cost.
Free Scholarship & Application Guidance
Our counsellors have 13 years of experience and 99% visa success helping Indian students secure admissions and scholarships at University of Melbourne. Book a free session today.
Book Free Counselling →Does Your IELTS Score Qualify?
IELTS 6.5+ — You qualify directly
Your score meets the minimum requirement for Master of Management (Accounting and Finance) at University of Melbourne. Proceed with your application — contact us for SOP and document guidance.
IELTS 6.0 — Pathway or pre-sessional programs may apply
You may be eligible for a pre-sessional English course or conditional offer leading to direct entry. Ask us about University of Melbourne's pathway options.
Below IELTS 5.5 — Consider lower-threshold alternatives
Your score may not yet meet the requirement. Consider improving your IELTS or exploring similar Finance programs with lower requirements:
PTE Academic 58+ and TOEFL iBT 79+ are also accepted as IELTS equivalents at most institutions.
How Does University of Melbourne Compare for Finance?
University of Melbourne charges USD $29,900 per year for Master of Management (Accounting and Finance), with an IELTS minimum of 6.5 and February and July intakes. For Indian students evaluating options in Australia, this places University of Melbourne among the universities offering competitive Finance programmes with strong graduate outcomes and post-study work rights.
$29,900
Annual Tuition (USD)
6.5+
IELTS Required
₹25.1L
Approx. in INR/yr
Compare Similar Finance Programs
How University of Melbourne's Master of Management (Accounting and Finance) compares to similar programs at other top universities:
| University | Fee/yr (INR) | IELTS | Duration | Intake |
|---|---|---|---|---|
| University of Melbourne ★ | ₹25.1L | 6.5+ | 2 years | February |
| Aalborg University | ₹11.2L | 6+ | 1 year | September |
| Aarhus University | ₹13.7L | 6.5+ | 2 years | September |
★ Currently viewing. Fees are indicative. Ask Jaivik Overseas for exact current fees and personalised shortlists.
Application Details
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For Students from Delhi NCR & Ghaziabad — Local Visa Guidance
Australian student visa (Subclass 500) applications are lodged online via ImmiAccount, with biometrics at the BLS International service centre in Connaught Place, New Delhi.
Students from Noida and Gurgaon can also use the BLS Sector 60 Noida facility; Ghaziabad and Meerut students prefer the Delhi Connaught Place centre.
UP/NCR applicants must provide a Genuine Temporary Entrant (GTE) statement, financial capacity evidence, and an Overseas Student Health Cover (OSHC) policy before lodgement.
Jaivik Overseas at 333 Orbit Plaza, Crossing Republik, Ghaziabad specialises in Australia GTE statements and Subclass 500 compliance for UP/Haryana applicants.
Jaivik Overseas Consultants — Ghaziabad
333 Orbit Plaza, Crossing Republik, Ghaziabad · 13 years experience · 99% visa success rate
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