The University of Melbourne

Doctoral Program in Decision, Risk and Financial Sciences | Melbourne Business School

Business, administration and law

The Doctoral program in Decision, Risk and Financial Sciences at the University of Melbourne in the Department of Finance provides training in the conceptual principles and research techniques across the social, biological and mathematical sciences fields that analyze human decision-making and problem-solving in the context of risk and complexity at individual and market levels. Students will draw on experimental methods and conceptual principles to deliver solutions to key research questions re

Official
Duration
2 years
Qualification
Masters Degree (Coursework)
AQF 9
Campus
Parkville
VIC · +1 more campus
Course code
CRICOS 092761G
Data JSON

Campus images supplied directly by the institution.

Course overview

The Doctoral program in Decision, Risk and Financial Sciences at the University of Melbourne in the Department of Finance provides training in the conceptual principles and research techniques across the social, biological and mathematical sciences fields that analyze human decision-making and problem-solving in the context of risk and complexity at individual and market levels. Students will draw on experimental methods and conceptual principles to deliver solutions to key research questions relating to decision-making, risk and financial sciences.

Entry requirements

Requirements are recorded per intake year and per audience. Meeting them does not guarantee an offer.

1. Doctor of Philosophy - Business and Economics (DR-PHILBE) _The following are minimum entry requirements and do not guarantee entry:_ In order to be considered for entry, you must have completed: - 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. and A research proposal (except for applicants in the disciplines of Accounting, Economics, Finance, the Melbourne Institute); A personal statement outlining why they wish to be considered for the course; Referee reports (applicants who have graduated from the University of Melbourne within the last 5 years are required to provide the names and contact details of two academic referees only). _Meeting these requirements does not guarantee selection._ Selection 1. In selecting applicants, the selection committee will consider applicants: - prior academic performance, and if relevant, professional qualifications; - understanding of the research question to be explored; - the results of a Graduate Record Examinations (GRE) test or Graduate Management Admission Test (GMAT) completed within the last 5 years. The following applicants are exempt from submitting a GMAT or GRE test: 1. Those who have completed a tertiary degree in Australia or New Zealand within the 18 months prior to the date of application; or 2. Those who face significant humanitarian issues. - performance at an interview; - motivation and capacity to complete the course in a timely manner; and - relevant prior research and/or professional experience. 2. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board rules on the use of selection instruments. 3. You are required to satisfy the University's English language requirements for graduate courses. The minimum English language requirements for this course are: Band 7 Core participation requirements All PhD candidates are required to complete the equivalent of at least 12 months full-time (24 months part-time) advanced study and research in the University unless studying at an outside institution approved by the Higher Degrees Research Committee (HDRC). The HDRC will not approve entirely distance supervision or entirely on-line supervision for research higher degree students. Throughout your candidature you are expected to attend the University in order to benefit from planning, conducting and writing up your research within a University community and environment. The residency requirement is deemed especially important during the period of probationary candidature. During probationary candidature you are expected to interact on a regular basis with your supervisor, the department (including staff and other research students) and the University, so as: - to build the skills and knowledge necessary to carry out the proposed research program - to acquire an understanding of the standards and requirements for a PhD awarded by the University - to make use of support programs and facilities provided by the University throughout candidature. 2. 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 Planning reference: missing 2027 requirements use the latest published requirements from 2026; newer explicit 2027 requirements take precedence.

Academic qualifications

Values are shown exactly as the institution publishes them.

Prior tertiary weighted average mark

75%

75%

English language

Band minimums apply in addition to the overall score.

  • IELTS AcademicOverall 7

Additional requirements

  • Academic entry requirement

    1. Doctor of Philosophy - Business and Economics (DR-PHILBE) _The following are minimum entry requirements and do not guarantee entry:_ In order to be considered for entry, you must have completed: - 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. and A research proposal (except for applicants in the disciplines of Accounting, Economics, Finance, the Melbourne Institute); A personal statement outlining why they wish to be considered for the course; Referee reports (applicants who have graduated from the University of Melbourne within the last 5 years are required to provide the names and contact details of two academic referees only). _Meeting these requirements does not guarantee selection._ Selection 1. In selecting applicants, the selection committee will consider applicants: - prior academic performance, and if relevant, professional qualifications; - understanding of the research question to be explored; - the results of a Graduate Record Examinations (GRE) test or Graduate Management Admission Test (GMAT) completed within the last 5 years. The following applicants are exempt from submitting a GMAT or GRE test: 1. Those who have completed a tertiary degree in Australia or New Zealand within the 18 months prior to the date of application; or 2. Those who face significant humanitarian issues. - performance at an interview; - motivation and capacity to complete the course in a timely manner; and - relevant prior research and/or professional experience. 2. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board rules on the use of selection instruments. 3. You are required to satisfy the University's English language requirements for graduate courses. The minimum English language requirements for this course are: Band 7 Core participation requirements All PhD candidates are required to complete the equivalent of at least 12 months full-time (24 months part-time) advanced study and research in the University unless studying at an outside institution approved by the Higher Degrees Research Committee (HDRC). The HDRC will not approve entirely distance supervision or entirely on-line supervision for research higher degree students. Throughout your candidature you are expected to attend the University in order to benefit from planning, conducting and writing up your research within a University community and environment. The residency requirement is deemed especially important during the period of probationary candidature. During probationary candidature you are expected to interact on a regular basis with your supervisor, the department (including staff and other research students) and the University, so as: - to build the skills and knowledge necessary to carry out the proposed research program - to acquire an understanding of the standards and requirements for a PhD awarded by the University - to make use of support programs and facilities provided by the University throughout candidature. 2. 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

Intakes and tuition

Tuition is recorded per intake with the institution's own basis. Superseded rows are kept so fee changes stay visible.

IntakeCampusStartsApplications closeTuitionFor
2027 · Semester 2Parkville——$43,808per yearInternational students

Where it is taught

  • The University of Melbourne

    Primary

    Swanston St, PARKVILLE, VIC

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  • Parkville

    Grattan Street, Parkville, VIC, 3010, Parkville, VIC

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References

Official course page, institution website and the sources behind this profile.

  1. Doctoral Program in Decision, Risk and Financial Sciences | Melbourne Business Schoolstudy.unimelb.edu.au
  2. The University of Melbourneunimelb.edu.au
  3. CRICOS provider recordOfficial source
  4. Information for international students from ChinaOfficial source
  5. English language requirementsOfficial source
  6. Graduate coursework entry requirements for international applicantsOfficial source
  7. Graduate research entry requirements for international applicantsOfficial source
  8. Undergraduate entry requirements for international applicantsOfficial source
  9. Australian Year 12 international entry score guideOfficial source
  10. GCE A Levels entry score guideOfficial source
  11. International Baccalaureate entry score guideOfficial source
  12. Trinity College Foundation Studies entry score guideOfficial source
  13. Official course catalogue and course-specific entry requirementsOfficial source
  14. QS World University Rankings 2027Official source

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Doctoral Program in Decision, Risk and Financial Sciences | Melbourne Business School at The University of Melbourne: Fees & Entry Requirements