What scholarships are available for international students applying to the Melbourne MFin program?

Question

Supriya J · Accepted Answer

A lot of people think only top scorers get scholarships&mdash;but that&rsquo;s not entirely true for Melbourne MFin.
&bull; The Melbourne Graduate Scholarship is common for international students and can offer up to 50% tuition reduction, especially for strong professional profiles. &bull; If you&rsquo;ve got a finance-related background or something like CFA Level 1, your chances go up. The selection is holistic, not just GPA-based. &bull; There&rsquo;s also the International Postgraduate Coursework Award (IPCA), which covers part of the tuition and is open across faculties&mdash;including MFin. &bull; Some students also get department-level merit awards based on interview and essay strength, even without sky-high grades. &bull; No need to submit a separate scholarship application for most of these&mdash;you're automatically considered once you apply early.
Final tip: reach out to current students or alumni who&rsquo;ve received scholarships. Some informal support or referrals can go a long way in niche cases.
For more details you can read this blog on "Melbourne MFin"

Hema A · Answer

Yes, there are several scholarships for international students applying to the Melbourne MFin program, and some are based purely on merit. The most well-known is the Melbourne Graduate Scholarship, which offers partial tuition fee waivers&mdash;usually between 25% to 50%, depending on your academic and professional profile.
Another one to look at is the Commerce Achievement Scholarship (if applying right after undergrad with a top GPA). There&rsquo;s also the Dean&rsquo;s International Management Scholarship, although it's very competitive and limited.
What helps is a strong overall application&mdash;CFA Level 1, solid academics, and a clear essay showing career direction. These scholarships don&rsquo;t require separate applications in most cases, but applying early helps. Also keep an eye out for external options like Australia Awards or third-party funds based on nationality. Just don&rsquo;t rely on scholarships entirely&mdash;they&rsquo;re limited, and most admitted students still self-fund a good portion of tuition.