PhD in Decision, Risk and Financial Sciences in Parkville Australia | The University of Melbourne

The University of Melbourne | Parkville Australia
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Qualification
Doctor of Philosophy
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
AUD 52,512
(c. USD37,556.58)
Attendance
Full-time
Full-time Duration
60 months

The University of Melbourne's Department of Finance offers a Doctoral program in Decision, Risk and Financial Sciences that equips students with interdisciplinary training spanning social, biological, and mathematical sciences. This program focuses on understanding human decision-making and problem-solving processes regarding risk and complexity, both at individual and market scales. Through experimental approaches and theoretical frameworks, participants will address critical research challenges in decision science, risk analysis, and financial systems. The curriculum consists of a two-year Master of Commerce component followed by three years of PhD research.
With strong industry and government connections, the Faculty of Business and Economics actively promotes collaborative research opportunities between students and public/private sector organizations.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 7.0

Qualification Requirements

a four-year bachelor degree in a relevant discipline which includes a substantial research component equivalent to at least 25% of one year of full-time study and have achieved a minimum weighted average of 75% in the final year subjects or (University of Melbourne) equivalent, or
a masters degree in a relevant discipline which includes a substantial research component equivalent to at least 25% of one year of full-time study and achieved a minimum weighted average of 75% or (University of Melbourne) equivalent, or
a qualification and professional experience considered to be equivalent.

IELTS - 7.0 overall, with written 7.0 and no band less than 6.0
TOEFL IBT - 94 ,Writing 27, Speaking 18, Reading 13, Listening 13
TOEFL PBT - 600 , TWE 5.0

Tuition AUD 52,512

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