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Considering Pursuing a Master’s Degree in Australia: Seeking Guidance
Hello everyone! I’m new to this forum and seeking some guidance.
I completed my bachelor’s degree in 2022 and have nearly four years of experience as an equity research analyst.
I hail from a South Asian country and am considering pursuing my Master’s in Finance in Australia.
Is this a good investment?
What factors should I weigh before making this important decision?
Will I be able to secure a good job after completing my master’s?
I would appreciate any advice or insights you could share. Thank you!
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3 Replies
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Hi Jay, welcome to the forum!
Pursuing a Master’s in Finance in Australia can be a good investment, but it depends on several factors:
1. University Choice & Reputation – Opt for universities with strong finance programs and industry connections. Universities like the University of Melbourne, UNSW, and Monash have well-regarded finance programs.
2. Return on Investment – Tuition fees for international students can be high (AUD 40,000–60,000 per year). Consider scholarships and part-time work opportunities to offset costs.
3. Job Opportunities – Australia’s finance sector is competitive, with stronger job markets in Sydney and Melbourne. Employers value local experience, so internships during your studies are crucial.
4. Visa Pathways – Completing a master’s degree may make you eligible for the Temporary Graduate Visa (subclass 485), which allows you to stay and work in Australia for 2–3 years post-study. This can help in securing PR (permanent residency) later.
5. PR Prospects – Finance-related occupations are not always on the skilled occupation lists, making PR pathways limited. However, employer sponsorship and state nomination could be options.
If your goal is long-term settlement, consider checking if your occupation (such as Financial Investment Adviser or Analyst under ANZSCO 222311/222312) appears on relevant occupation lists for PR eligibility.
I hope this helps! Let me know if you have more questions.
All the best
Mark
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Mark – thank you very much; these are great insights – I really appreciate the detail, which has given me a lot to consider! 🤔
Thanks again!
Jay
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You’re very welcome, Jay! I’m glad you found the insights helpful.
As you explore your options, remember that building a strong professional network and gaining local experience through internships can make a big difference in securing opportunities in Australia’s finance sector.
If you have any more questions along the way, feel free to ask. Wishing you all the best with your plans!
Regards,
Mark
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