Master of Commerce (Decision, Risk and Financial Sciences)

The Master of Commerce (Decision, Risk and Financial Sciences) represents years 1 and 2 of the 5-year doctoral program in Decision, Risk and Financial Sciences and is only available to students pursuing the doctoral program.
The course is a two-year interdisciplinary program in advanced studies in decision, risk and financial sciences. It provides training in the conceptual principles and research techniques in fields across the social, biological and mathematical sciences that analyse human decision-making and problem solving in the context of risk and complexity at the level of individuals and markets.

A four-year undergraduate degree in finance, economics, mathematics, psychology, biology, computer science, physics, or engineering, or equivalent, a University of Melbourne equivalent weighted average mark of least 75% (H2A) or equivalent, or
a qualification and/or professional experience considered to be equivalent,

a personal statement outlining why they wish to be considered for the course (maximum of 1,000 words), and
a Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) test, unless the applicant has met one of the Faculty's doctoral-level conditions for GMAT/GRE exemption, and
academic referee reports (except for applicants who have graduated from the University of Melbourne within the last 5 years).

IELTS: total score of at least 6.5 in the Academic International English Language Testing System (IELTS), with no bands less than 6.0.
TOEFL Internet-based test: total score of at least 79 and scores of 21 for writing, 18 for speaking, 13 for reading and 13 for listening.