What is the GMAT score required for Melbourne MFin?

Question

Supriya J · Accepted Answer

Scoring a 650+ on GMAT won&rsquo;t guarantee admission&mdash;but scoring below 630 might quietly work against you.
&bull; Melbourne&rsquo;s Master of Finance requires GMAT/GRE for anyone without an Aussie undergrad degree&mdash;no exceptions. &bull; Their own selection panel notes 650 as the average GMAT, and they prefer scores above 630. This isn&rsquo;t just a guess&mdash;it&rsquo;s on their official grad coursework policy. &bull; A solid GMAT helps if you&rsquo;re missing subjects like Derivatives or Corporate Finance&mdash;they sometimes offer conditional admission with bridging courses. &bull; No GMAT waiver, unless you qualify under very specific exemptions (mostly domestic degrees). &bull; If going with GRE, aim for 315+ total (Verbal + Quant), which aligns with their preferred bands.
Bottom line: a GMAT around 660&ndash;680 keeps you safely in range&mdash;especially if you&rsquo;re from an engineering or non-commerce background. It&rsquo;s not just about scoring high, but showing you&rsquo;re ready for a fast-paced, quant-heavy program.
For more details you can read this blog on "Melbourne MFin"

T Mehta · Answer

Yes, for the University of Melbourne&rsquo;s Master of Finance, a GMAT score is mandatory if you haven&rsquo;t completed your undergrad in Australia or New Zealand. The admissions team generally prefers a GMAT score of 630 or higher, and 650 is the current average for most successful applicants (as stated on their official graduate coursework page).
If applying from India or other countries, a 650+ score helps show you're prepared for the program&rsquo;s heavy quant workload. The GMAT also balances out a non-finance undergrad or a GPA below 70%. They also accept GRE scores where Quant + Verbal adds up to 315+.
That said, GMAT isn&rsquo;t just a checkbox&mdash;it&rsquo;s part of a bigger picture. Strong grades in subjects like accounting, corporate finance, or derivatives also matter. But if there&rsquo;s one thing that clearly boosts chances across the board&mdash;it&rsquo;s a GMAT in the 650&ndash;700 range.