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Study Finance and Economics in Australia

Home » Study Abroad » Study in Australia » Study Areas in Australia » Study Finance and Economics in Australia

Explore Finance and Economics Courses in Australia

Australia is a globally recognised hub for studying finance, economics, and quantitative analysis. With a strong economy, stable financial system, and links to the Asia-Pacific market, students benefit from excellent academic training and real-world exposure in financial services, banking, and policymaking.

Study Finance and Economics in Australia

Why Study Finance and Economics in Australia

Studying finance and economics in Australia offers the perfect blend of academic excellence, industry exposure, and global opportunity. Universities combine strong theoretical foundations with hands-on training in analytics, investment, policymaking, and consulting-preparing students for dynamic careers worldwide.

Australian universities offer industry-relevant, research-led programs accredited by major bodies like CPA Australia, CFA Institute, and AACSB. Students gain strong analytical, quantitative, and policy development skills supported by internships, trading labs, and data-driven coursework.

Top Universities in Australia for Finance and Economics

Australia is home to several world-ranked universities that specialise in business, finance, and economics. These institutions provide access to advanced research centres, professional certification pathways, and excellent graduate outcomes.

  • University of Melbourne
  • University of Sydney
  • Monash University
  • University of New South Wales (UNSW Sydney)
  • Australian National University
  • University of Queensland
  • University of Technology Sydney
  • Macquarie University
  • University of Adelaide
  • Deakin University

Top Courses in Australia for Finance and Economics

Students can choose from a wide range of undergraduate and postgraduate programs tailored to different career paths-whether in corporate finance, economic policy, investment banking, or financial planning.

  • Bachelor of Commerce (Finance/Economics)
  • Bachelor of Business (Financial Planning/Banking)
  • Bachelor of Economics
  • Master of Finance
  • Master of Applied Finance
  • Master of Financial Analysis
  • Master of Economics
  • Master of Business Economics
  • Master of Financial Planning
  • Master of Professional Accounting and Finance

How to Apply to Finance and Economics Courses in Australia

Applying to an Australian university is a structured yet straightforward process. International students must meet both academic and language requirements and follow steps depending on their chosen level of study.

Undergraduate (UG) Steps:

  1. Choose your course and shortlist universities
  2. Apply through the university website or authorised education partner
  3. Submit transcripts, passport copy, and English proficiency score
  4. Accept offer and receive CoE for visa

Postgraduate (PG) Steps:

  1. Apply online with academic records, resume, SOP, and references
  2. Submit IELTS/PTE/TOEFL scores
  3. Receive offer and proceed to Subclass 500 visa

Admission Requirements

Each course level has specific eligibility criteria regarding academic background and English proficiency. A strong foundation in commerce or quantitative subjects is preferred.

Undergraduate (UG):

  • Class 12 with 70-85% (preferably commerce/maths background)
  • IELTS: 6.5 overall (no band below 6.0)
  • PTE: 58-65

Postgraduate (PG):

  • Bachelor’s degree in business, commerce, or quantitative discipline with 55-65%
  • IELTS: 6.5-7.0 overall
  • PTE: 58-65
  • Some finance courses may require prior quantitative or statistics training

Course Duration and Intakes

The course duration depends on your study level and whether you are pursuing single or combined degrees. Australia also offers flexible intakes throughout the year for most programs.

  • UG Degrees: 3 years (double degrees: 4 years)
  • PG Degrees: 1.5-2 years
  • Intakes: February and July (some universities offer October/November intake)

Tuition Fees and Cost of Study

Tuition and living costs vary depending on your course, location, and lifestyle. However, the investment is worthwhile given the career prospects and return on education.

  • UG Tuition Fees: AUD 33,000 - 45,000 per year
  • PG Tuition Fees: AUD 35,000 - 50,000 per year
  • Living Costs: AUD 24,505/year (visa requirement as of 2025)

Scholarships and Financial Aid

Numerous scholarship opportunities are available for academically strong and deserving students. These can cover part or full tuition and sometimes living costs.

Available options include:

  • Australia Awards Scholarships
  • Destination Australia Scholarships
  • Monash International Merit Scholarship
  • Melbourne Graduate Scholarship for Economics
  • University-specific bursaries for economics and finance
  • CPA/CFA pathway scholarships (select programs)

Australian Student Visa Process

The Australian student visa (Subclass 500) allows you to study full-time and work part-time. It requires submission of your offer letter, financial proof, health cover, and more.

  • Apply for the Subclass 500 Student Visa after obtaining your CoE
  • Visa Fee: AUD 710 (as of 2025)
  • Financial requirement: approx. AUD 29,710
  • Submit English proficiency, GTE statement, and OSHC confirmation

Career Prospects and Post‑Study Work Rights

Australia offers excellent post-study work options and graduate employability in both the private and public sectors. Many roles also fall under the Skilled Occupation List (SOL), creating a path to PR.

Finance and economics graduates can pursue roles in:

  • Banking and investment firms
  • Consulting and audit firms
  • Financial planning and insurance
  • Government economic policy and treasury
  • Data analytics, fintech, and corporate strategy

Post-study work rights under Subclass 485 visa:

  • 2 years for bachelor’s graduates
  • 3 years for master’s graduates
  • Up to 4 years for regional university graduates. Eligible occupations may also lead to PR via Skilled Migration (189/190/491 visa).

FAQs

This section addresses common concerns international students may have about studying finance and economics in Australia, from job opportunities to visa requirements.

Is finance a good career in Australia?

Yes. Financial services is one of Australia’s largest sectors, with high demand for skilled analysts, planners, and economists.

Do I need to take GMAT for PG finance courses?

Generally no, but some competitive or MBA-linked programs may request GMAT.

Can I work while studying?

Yes. You can work up to 48 hours per fortnight during the semester and full-time during breaks.

Is economics in the skilled occupation list?

Yes. Economists and financial analysts are eligible under Australia's skilled migration pathways.

How Manipal Overseas Careers Can Help

At Manipal Overseas Careers, we help Indian students choose the best courses to study in Australia based on career goals, visa eligibility, and industry demand. Our expert consultants provide:

  • Personalized course recommendations
  • University selection & application assistance
  • Scholarship & financial aid guidance
  • Visa processing & documentation support

Choosing the right course is the first step toward a successful future. Let Manipal Overseas Careers help you find the best study program and secure admission to top Australian universities.

Get Free Consultation

Resources for Australia

  • Study in Australia
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  • Top Universities in Australia
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Useful Links

  • Study in Victoria
  • Study in New South Wales
  • Study in Queensland
  • Study in Australian Capital Territory
  • Study in Western Australia
  • Study in South Australia
  • Study in Tasmania
  • Study in Northern Territory

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