MBA at the University of Melbourne

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MBA at the University of Melbourne (1)

The Master in Business Administration program is among the most popular course in India and abroad. Australia is home to some of the top-ranked universities offering an MBA. MBA is provided by the Melbourne Business School of the University of Melbourne, a 19th-century public research university founded by Hugh Culling Eardley Childers in 1853. It is located in Melbourne i.e., the cultural capital city of Australia. Melbourne Business School is best known for its MBA programs (Executive and Non-Executive), Marketing and Business Analytics, and short-term courses for professionals. Melbourne Business School courses are ranked among the best globally by the Financial Times 2022 and The Economist 2021.

Course Full NameMaster in Business Administration
Course Fee StructureINR 45-50 lacs 
Course Duration2-years
Course CategoryFull Time, Part-time, Online
Scholarships AvailableYes
Placement OpportunityYes
Acceptance Rate70-80%
International Students Ratio40-50%

Must Read: Study in Australia: Comprehensive 2023 Guide

About MBA at the University of Melbourne

MBA at the University of Melbourne
Source: University of Melbourne

Melbourne Business School which is jointly owned by the business community and the University of Melbourne is known for the best MBA degree as well as short courses for a professional and custom solution for organizations. Melbourne Business School provides a variety of programs:

Degree ProgramsShort CoursesFor Organization
Full-time MBAManagement ProgramsCustom Solution
Part-time MBALeadership ProgramsTraining and Coaching
Master of Business AnalyticsChange Program
Executive MBAStrategy Program
Senior Executive MBA

Also read: Types of MBA

Full-time MBA

This course can be tailored to match the need of the student. Generally, its duration is 24 months but students can study for more than 24 months to receive the full MBA experience by taking advantage of exchange and internship opportunities. Students will complete twelve core and six elective subjects as a part of this program.

Part-time MBA

It is designed for those aspiring business leaders who want to make a difference without putting their life and work on hold. Its duration is 24 months. Students will complete twelve core and six elective subjects as a part of this program.

Master of Business Analytics

This degree course is designed for aspiring data professionals with a focus on personal skills as well as technical expertise. The duration of this program is 12 months. This program contains five subject modules.

Executive MBA

MBS executive MBA is designed for ambitious and motivated professionals with years of professional experience in management. It is designed in a format that suits their needs.  The executive MBA program covers a total of 18 modules conducted into four-day modules spread over 18 months. Professionals live and study at Melbourne Business School from Thursday to Sunday (away from the activity of work and home).

Senior Executive MBA

Melbourne Business School designed its Senior Executive MBA program for CEOs and other top leaders. This program consists of 10 nine-day modules, including seven, based at MBS and rests three overseas. During the module at the MBS campus, Senior Executives will stay on campus from Saturday to the following Sunday.

Why Study an MBA at the University of Melbourne?

  • The city of Melbourne itself is regarded as one of the most student-friendly cities in the world.
  • Melbourne Business School offers its flagship program in the form of a Full-time MBA in addition to a Master’s in Marketing and MBA joint degree
  • Melbourne Business School has received programmatic and specialized accreditation from AACSB International and EQUIS.
  • The school is also home to two world-leading research centres in Management including the Center for Sustainability and Business and the Center for Business Analytics.
  • Melbourne Business School is a highly selective business school with an acceptance rate of just 37%. 
  • The school also awards generous scholarships to assist students with tuition fees which are funded by private donors, the university, and the Australian government.
  • Melbourne Business School ranks 1st in Australia for its MBA programs as per QS, Times Higher Education, and Financial Times Business Ranking 2022.
  • MBS is home to over 200 student clubs and associations. 
  • The average salary for an Executive MBA from Melbourne Business School is 1,26,000 AUD (INR 68L).
  • The average salary for MBA from Melbourne Business School is 1,18,000 AUD (INR 64L).
  • Melbourne Business School partners with enterprise and government organizations to co-design customized learning solutions that address their particular challenges through specialist centres, events, roundtables, and expert recruiters
  • Melbourne Business School provides learning solutions including short courses, adapted to clients’ needs, fully customized programs to enhance organizational performance and culture, and coaching for individuals or teams. 

The University of Melbourne MBA Rankings

The ranking of the institution plays an important role during course selection. The following table shares the MBA  ranking received by Melbourne University / Melbourne Business School:

Times Higher Education Rankings 2023341
QS World University Ranking 2023332
QS Global MBA Rankings 2022261
QS Global EMBA Rankings 2021291
FT Business School Rankings 2022971
The Economist Full-time MBA Ranking 2021341

The University of Melbourne MBA Fees

MBA fee varies from course to course at the University of Melbourne.

CoursesFee (2022)
Master of Business AdministrationAU$ 99,630 (INR 60.71 lakhs)
Executive MBAAU$ 111,600 (INR 62.21 lakhs)
Senior Executive MBAAU$ 135,900 (INR 75.79 lakhs)

Must Read: Cost of Studying in Australia

The University of Melbourne MBA Syllabus

The curriculum allows you to finish in two years and earn in-depth knowledge and skills, or you can finish sooner and change your job. The MBA programme is meant to provide students with practical skills that can be applied in any corporate setting. Check the Core Subjects and Electives in the table below:

Core CoursesElectives
LeadershipBrand Management
Data AnalysisBusiness Analytics
Managing PeopleGame Theory for Business Strategy
Managerial EconomicsBusiness Law
Innovation BootcampInnovation
Managerial Ethics and the Business Implementation of strategy
Financial AccountingLeadership and Change
FinanceManagerial Judgement
MarketingManagerial project
OperationsCorporate Strategy
Business StrategyFinancial Analysis and valuation
Business in Complex Environments (Capstone)Financial Institution
Fintech: Blockchain in the new economy
Consumer Behaviour
Managing Diversity in the Workplace
Marketing communication
Marketing research
Marketing strategy
Product management
Supply chain management
Mergers and Acquisitions
Corporate Finance

Eligibility Criteria

Check out the University of Melbourne MBA eligibility Criteria in the following points.

  • An undergraduate degree of 3 or 4 years minimum from a recognized tertiary institution;
  • Candidates are also required to submit at least two years of documented working experience; 
  • An SOP (Statement of Purpose) letter outlining why the student wishes to be considered for that course in the university;
  • GMAT minimum score requirement- 560
  • GRE minimum score requirement- 310 with a minimum score of 157 in the Quantitative Section and 152 in the verbal section.
  • IELTS score minimum requirement of 7.0 overall with no individual score less than 6.5
  • TOEFL iBT scores a minimum of 102, and written score minimum of 24 and no band less than 21
  • PTE overall score minimum of 65 with writing skill of a minimum of 65  and no other communicative skill below 50.

Documents Required

Must Read: What are the Requirements to Study in Australia?

Application Process

The application process takes place over a period of time and begins months before the commencement of classes. The universities have two main intakes known as the fall intake and winter intake for international students to kickstart their journey. You can call our Leverage Edu experts on 1800 572 000 to find out how the application process can be fast-tracked and streamlined to Australia!

Here’s an easy 5-step process to complete your application process for an MBA at the University of Melbourne:

  1. Call our experts on 1800 572 000 to shortlist your favourite universities and courses. Start your application to multiple universities through our one-dashboard platform
  2. Compile all your documents like SOPs, essays, certificates and LORs and exam scores like IELTS, TOEFL, GRE, GMAT, etc
  3. Meet all the application deadlines and start the application process for accommodation, Australia students visa, and scholarships/student loans.
  4. Accept the offer letter and meet your teachers, college mates and roommates virtually
  5. Get your visa approved and fly to your dream university!

Application Deadlines for MBA

Application DatesJan 30, 2023 (Application Deadline For 2024 Intake Round-2)
Mar 31, 2023 (Application Deadline For 2024 Intake Round-3)
May 31, 2023 (Final Application Deadline For 2024 Intake Round-4)

Must Read: Best MBA Colleges in Australia: The Ultimate Guide!

Cost of Living in Melbourne

Before enrolling at the university, international students must prepare their finances in advance. The total annual living costs include the following items.

ParticularsEstimated Amount Annually 
Accommodation19,000-38,000 AUS $ (INR 10 lacs – 20.5 lacs)
Health Insurance1,330 AUS $ (INR 71,066)
Food and Groceries4,160 – 7800 AUS $ (INR 2.2 lacs – 4-16 lacs )
Bills50 – 100 AUS $ (INR 2,670 – 5,340 )
Miscellaneous1000 AUS $ (INR 53,408 )

Click here to Check Student Accommodations in Australia!


Melbourne Business School provides a range of scholarships worth $2.7mn to the students that encourage diversity, provide opportunity and reward talent. 

Scholarship NameAmountProgramCategory
BP Australia Scholarship in Business Analytics50000$ (INR 27L)Master of Business AnalyticsAll
Clemenger BBDO Scholarship50000$ (INR 27L)Full-time MBA
Part-time MBA
Dean’s International Management ScholarshipFull Tuition FeeFull-time MBAInternational Students
Dean’s Scholarship for Women and Management50000$ (INR 27L)Senior Executive MBAAll
Diversity Excellence Scholarship50000$ (INR 27L)Full-time MBAAll
Helen Macpherson Smith Fellowship30000$ (INR 16L)Full-time MBA
Part-time MBA
Kraft Heinz Scholarship60000$ (INR 32L)Full-time MBA
Part-time MBA
MBS Foundation Indigenous Leadership ScholarshipFull Tuition FeeFull-time MBA
Part-time MBA
Executive MBA
Senior Executive MBA
Australian Indigenous applicants
MBS ScholarshipNot FixedFull-time MBA
Part-time MBA
Executive MBA
Senior Executive MBA
SEMBA Class of 2003 Scholarship50000$ (INR 27L)Full-time MBA
Part-time MBA
Executive MBA
Senior Executive MBA
Master of Business Analytics
Wandering Warriors ScholarshipsFull Tuition FeeFull-time MBA
Part-time MBA

Worried about expenses? Let Leverage Finance help you!

Placement Opportunity

Melbourne Business School community organizes regular recruitment events, CEO classroom visits, industry internships and class subjects that involve working with real clients. Melbourne Business School has a 90-95% placement success rate. The average salary for MBA from Melbourne Business School is 1,18,000 AUD (INR 64L). The average salary for an Executive MBA from Melbourne Business School is 1,26,000 AUD (INR 68L). 

Top Recruiters

The Top Recruiters who hire graduates of MBA from the University of Melbourne are:

Must Read: Best MBA Colleges in Australia: The Ultimate Guide!

What Makes the University of Melbourne’s MBA Unique?

Its unparalleled location in one of the world’s most liveable and business-friendly cities immerses students in a vibrant international community and a sophisticated economy with easy access to booming Asian markets.

Additionally, the MBA programme at the University of Melbourne is a challenging curriculum that is meant to help students attain their full potential and make a meaningful contribution to their careers. You’ll learn about business while cultivating an adaptive mindset, building resilience, and constructing a close network of inspiring and encouraging international peers.

Must Read: Benefits of Studying in Australia


The MBA programme at the University of Melbourne is an internationally acclaimed business education programme that offers students an immersive learning experience. This comprehensive degree is intended to provide students with the necessary abilities, knowledge, and practical experience to excel in today’s ever-changing business world. The MBA programme lasts two years and is divided into five modules: research, corporate strategy, financial management, business processes, and leadership. Students can complete their degrees either on-campus or online. For those looking to advance their business career, the Melbourne MBA is a good option.


Q1. What is the USP of the Melbourne Business School Senior Executive Program?

Ans. In its 10 days program module, MBS provides both on-campus i.e. seven days as well as global exposure i.e., three days to the program attendees. In three days overseas visit module these senior leaders got the opportunity to visit the world’s top companies from Asia, Europe, and North America and have first-hand experience with the issues changing the face of business and their solutions.

Q2. Is Melbourne Business School the best institution in Australia to pursue MBA?

Ans. Yes, it is based on the year 2022 ranking report published by QS and Times Higher Education.

Q3. How much work experience is required to get admission to MBA at Melbourne Business School?

Ans. Students need to have documentary proof of a minimum of 2 years of work experience in the management field.

Are you planning to study MBA at the University of Melbourne but are not sure where to start? Call our Leverage Edu experts on 1800 57 2000 for end-to-end guidance from application to Visa process. Kickstart your study abroad journey with us today!

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