Is an MFin from Melbourne worth it?

Question

Divakshi Arora · Accepted Answer

If the plan is to settle in Australia or work in Asia-Pacific, this degree can open real doors&mdash;but it won&rsquo;t hand everything to you.
&bull; The Melbourne MFin is known for strong academic content, but jobs don&rsquo;t come through campus placements like in India. Most grads build networks through part-time jobs or internships. &bull; Roles typically fall into corporate finance, commercial banking, financial analysis, credit risk, treasury, and consulting. Investment banking is possible but very competitive. &bull; Many grads secure full-time roles after interning during the program&mdash;especially with the extra post-study work visa time. &bull; Having some prior experience or a CFA level helps break into top firms, but even fresh grads do fine if they hustle early. &bull; One edge: the program&rsquo;s location means better access to firms in Sydney and Melbourne, plus alumni in Big 4 and banks.
So yes, it&rsquo;s worth it&mdash;but only if you're ready to push outside the classroom.
For more details you can read this blog on "Melbourne MFin"

Hema A · Answer

Yes, an MFin from the University of Melbourne is worth it for students aiming to work in Australia or the broader APAC region. The program ranks among the top in Australia, and its location in Melbourne offers strong access to finance firms, especially in investment banking, risk, and consulting.
The average starting salary for MFin grads hovers around AUD 80,000&ndash;90,000, depending on prior experience. Students with CFA Level 1 or internship experience tend to land better roles&mdash;often in corporate finance, Big 4 advisory, or treasury roles in banks.
What makes it more valuable is its STEM classification, which can extend post-study work rights for international students. That&rsquo;s a big plus if staying in Australia long-term is part of the plan. Just be aware&mdash;networking and local internships matter a lot here. The program gives the foundation, but students have to be proactive to land competitive roles.