What is the fee of registering for the TOEFL iBT Paper Edition?

Applicants who choose to take the TOEFL iBT Paper Edition must pay an amount of INR 16,900 for registering, which is the same for TOEFL iBT.

How many times is the TOEFL iBT Home Edition conducted in a month?

The TOEFL iBT Paper Edition is offered once or twice every month.

As the TOEFL iBT exam is conducted in two sessions, do I have to book two dates or one?

You need to schedule two appointments when you register: one at your neighbourhood testing facility and the other at your house.

In some places, why is the duration of the first session of TOEFL iBT Paper Edition written as three and half hours? What is the actual duration?

The test duration at a centre is three hours. An additional thirty minutes is allocated for test administration tasks, such as admitting examinees, allowing them to input identifying information, and managing test materials.

Are there any special requirements for the Speaking section of the TOEFL iBT Paper Edition?

As the Speaking section is conducted from home, please ensure that you have the required setup for both the equipment and environment before registering. You will get the details from the official website.

Home Blog TOEFL iBT

TOEFL Score for Top 10 Universities for Masters in Finance in Australia

TOEFL iBT® Score for Top 10 Universities for Masters in Finance in Australia

Kasturika Samanta

3 min read

Updated On January 18, 2025

"The overall TOEFL score for top 10 universities for Masters in Finance in Australia is 90. However, it can vary. Read more to know the details."

Key Highlights

TOEFL Score for Top 10 Universities for Masters in Finance in Australia
Admission Requirement for TOEFL Accepting Australian Universities for MS in Finance
Employment Opportunities after Master's in Finance in Australia

The overall TOEFL score for admission to Masters in Finance in Australia is 90. However, it depends on the programme and varies from one institution to the other. Top universities in Australia are known for their competitive finance programmes and connections to global financial markets, making them popular among international students. Fulfilling English language requirements is an important criterion for them to ease their academic performance. As a result, it is crucial for foreign students to know the TOEFL score for top 10 universities for Masters in Finance in Australia for a hassle-free admissions process.

This blog will cover the top 10 TOEFL accepting universities in Australia for MS in Finance and discuss specific score requirements, along with other important details.

TOEFL Score for Top 10 Universities for Masters in Finance in Australia

The table below provides the list of the top 10 universities in Australia for Masters in Finance, along with their QS Ranking 2025 and TOEFL score details.

QS World University Rankings 2025	University	Programme Name	Overall TOEFL Score	Sectional TOEFL Score
13	The University of Melbourne	Master of Finance	94	21 for Writing, 18 for Speaking, 13 for Reading, and 13 for Listening
18	The University of Sydney	Master of Commerce (Finance)	96	17 in Reading, Listening and Speaking and 19 in Writing
32	Monash University	Master of Advanced Finance	79	Listening: 12 Reading: 13 Speaking: 18 Writing: 21
=40	The University of Queensland (UQ Business School)	Master of Financial Mathematics	87	Listening: 19 Reading: 19 Writing: 21 Speaking: 19
88	University of Technology Sydney	Master of Finance	79-93	Writing score of 21
=123	RMIT University (RMIT University School of Business and Law)	Master of Finance	79	13 in Reading, 12 in Listening, 18 in Speaking, and 21 in Writing
=133	Macquarie University (Macquarie Business School)	Master of Applied Finance	94	Not Specified
=167	University of Wollongong	Master of Applied Finance	86	Reading 18, Writing 18, Listening 17, Speaking 17
217	La Trobe University (La Trobe Business School)	Master of Financial Analysis	79	13 in Reading, 12 in Listening, 18 in Speaking, and 21 in Writing
255	Griffith University (Griffith Business School)	Master of Finance	79	No sub-score less than 19

Admission Requirement for TOEFL Accepting Australian Universities for MS in Finance

In the table below there is a summary of the additional admission requirements and average tuition fees for the top universities in Australia offering Master's programmes in Finance.

University	Admission Requirements	Average Annual Tuition Fees (in AUD)
The University of Melbourne	- Bachelor's degree in a relevant discipline - GMAT/GRE scores may be required - Relevant work experience preferred	44,512
The University of Sydney	- Bachelor's degree with a minimum credit average - GMAT may be required for some applicants - Statement of motivation	56,500
Monash University	- Bachelor's degree in a related field - Minimum WAM (Weighted Average Mark) of 65% - Curriculum vitae (CV)	45,000
The University of Queensland (UQ Business School)	- Bachelor's degree in finance or related field - Minimum GPA of 4.5 on a 7-point scale - Two referee reports	41,040
University of Technology Sydney	- Bachelor's degree - Minimum GPA requirement - Relevant work experience may be considered	39,840
RMIT University (RMIT University School of Business and Law)	- Australian bachelor's degree or equivalent - Statement of purpose - CV outlining work experience	36,480
Macquarie University (Macquarie Business School)	- Bachelor's degree with a minimum GPA - GMAT/GRE scores for certain applicants - Two years of relevant work experience preferred	43,200
University of Wollongong	- Recognized bachelor's degree - Minimum weighted average mark of 50% - English language proficiency	32,448
La Trobe University (La Trobe Business School)	- Bachelor's degree - Minimum WAM of 60% - Statement of intent	35,600
Griffith University (Griffith Business School)	- Bachelor's degree in finance or related field - Minimum GPA requirement of 4.0 using a 7.0 scale - Relevant professional experience	38,500

It is important to note that tuition fees given above may vary. So, it's advisable to consult the official university websites for the most accurate and up-to-date information.

Employment Opportunities after Master's in Finance in Australia

A Master's in Finance from an Australian university provides graduates with the skills and experience for top finance jobs in banking, investment, insurance, and consulting. Given below are some top job profiles with their average salary.

Job Profile	Average Annual Salary (in AUD)
Senior Financial Analyst	121,417
Investment Banker	120,000
Financial Planner	115,000
Portfolio Manager	110,000
Financial Controller	107,186
Financial Analyst	105,000
Risk Analyst	90,000
Business Analyst	77,397

To conclude, a Master's in Finance from an Australian university equips graduates with the skills and knowledge required to excel in the finance industry. The combination of high employment rates and competitive salaries underscores the value of this qualification in the Australian job market. So, make use of this opportunity and fulfill your dream of studying for a Master's in Finance in one of the top Australian universities.

Also Check: