Melbourne Business School, the University of Melbourne Business School, is one of the best business schools in Australia. This school is providing the best quality education to its students of business and economic degree programs. Founded in 1963, Melbourne Business School is a leading provider of management education in the Asia Pacific region. Melbourne Business School admissions are offered to Australia's best MBA and business analytics degrees, as well as short courses for professionals and custom solutions for organizations. This business school is ranked #1 for Global MBA in Australia, in QS World University Rankings, 2024. Melbourne Business School is also ranked #1 for Executive MBA as per QS World University Rankings.
Melbourne Business School acceptance rate is around 37%. Melbourne Business School is providing the best business edition and insight in the field of management, economics, finance, and entrepreneurship. They are providing various Undergraduate and Postgraduate programs to the international students. Apart from providing full time courses, Melbourne Business School offers 25 short courses for the professionals. Melbourne Business School MBA fees is AUD 106,650 (INR 58,45,034) that covers all program costs for the two years and can be paid in installments. Apart from ELP scores, you need to have Melbourne Business School GMAT score of 695 or higher for admission to full time MBA programs. Other Melbourne Business School entry requirements are IELTS 7.0, TOEFL 102 and PTE 65.
Melbourne Business School is Melbourne Business School has a remarkable alumni network of over 22,000 individuals spread across more than 90 countries worldwide. It also offers a range of scholarships that encourage diversity, provide opportunity and reward talent. If you are eligible enough, you can get scholarships up to AUD 50,000 (INR 27,42,823) to cover your cost of studying in Australia. Melbourne Business School international students' percentage is 40%.
Melbourne Business School Rankings
Melbourne Business School is popular for MBA, Business analytics and finance programs. They got good ranks in global ranking. The ranks are mentioned below.
Melbourne Business School Courses and Fees
Melbourne Business School offers various courses to the students. Some of the popular courses are mentioned below.
- Full time MBA
- Professional certificate in business administration
- Graduate certificate in business administration
- Graduate diploma in business administration
- Executive MBA
Now, check out Melbourne Business School courses and fees for international students from the table below
| Program name | Total Melbourne Business School fees |
| Full time MBA | AUD 106,650 (INR 58,45,034) |
| Executive MBA | AUD 119,700 (INR 65,60,249) |
| Graduate diploma in Business Administration | AUD 4,880 (INR 2,67,452)per subject (12.5 credit points equivalent) |
| Master of Management | AUD 107,649 (INR 58,99,785) |
| Master of International Business | AUD 107,649 (INR 58,99,785) |
| Master of Business Analytics | AUD 70,400 (INR 38,58,326) per module |
| Master of Economics | AUD 107,649 (INR 58,99,785) |
| Master of Supply Chain Management | AUD 45,140 (INR 24,73,932) |
| Master of Finance | AUD 84,619 (INR 46,37,609) |
| Master of Human Resource Management | AUD 107,649 (INR 58,99,785) |
Note: AUD 1= INR 54.81 as on January 23, 2024
Melbourne Business School Application Process
Melbourne Business School application process is completely online. You need to submit an online application available at the official website of the university. There is no Melbourne School of Business application fees. The process of how to apply to Australian Universities is as follows
- Find the most suitable course for yourself.
- Check the entry requirements before applying.
- Submit your personal statement
- Upload required documents.
- Submit the application
- Wait for the admission decision
- If accepted, apply for an Australian student visa
Melbourne Business School Documents Required
The important documents which are required for the application are mentioned below. Students need to ensure all the documents attached with the application before submitting it.
- Mark sheets of class 10-12 or diploma course
- Financial support statement
- Passport
- English proficiency test scores
- Melbourne Business School Admission requirements
- Bachelor's degree
- IELTS score
- GMAT score (mandatory for Full time MBA admissions only)
- Work experience
- Updated resume
- SOP
- Letter of recommendation for Australia
Melbourne Business School Application Deadline
Being the business school of University of Melbourne, Melbourne Business School have same application deadlines as per the parent university. This university accepts international students in January and September intakes in Australia. Melbourne Business School deadlines for September 2024 intake is as follows
Late applications may be accepted under special circumstances; however, you are advised to apply as early as possible to avoid visa delays.
Melbourne Business School Admission Requirements
Apart from educational requirements, you also need to have qualifying scores in exams to study in Australia to get into this university. We have mentioned the entry requirements to get into Melbourne Business School courses in the table below.
| Exam | Required Score |
| IELTS for Australia | 7.0 |
| TOEFL | 102 |
| PTE score | 65 |
| GMAT | 695 |
Melbourne Business School Cost of Living
Apart from tuition fees there are some extra expenses, students must arrange that amount to live and study in Melbourne Business School. It is important to know about the cost of living in Australia so that you can plan your budget beforehand.
| Expenses | Cost |
| Student Services and Amenities Fee | AUD 519 (INR 28,444) per semester |
| Overseas Student Health Cover | AUD 1,591 (INR 87,196) per year |
| Living Expenses | AUD 30,000 (INR 16,44,173) per year |
| Food | AUD 200-300 (INR 10,961 to 16,442) per week |
| Transportation | AUD 100-200 (INR 5,481 to 10,961) per week |
Note: AUD 1= INR 54.81 as on January 23, 2024
Melbourne Business School Scholarships
Melbourne Business School offers scholarships in Australia for international students for their betterment in studies. Here are some Scholarship names, the amount of the scholarship, which courses are applicable are mentioned below in the table. Check your eligibility to apply for a scholarship before the deadline.
| Scholarship Name | Courses | Amount (INR) | Deadline |
| Clemenger BBDO Scholarship | Full-time MBA; Part-time MBA; Part-time Master of Marketing | 41,62,442.50 | 25 March, 2024 |
| Dean's International Management Scholarship | Full-time MBA | Full Tuition | 22 January, 2024 |
| Dean's Scholarship for Women and Management | Senior Executive MBA | 41,62,442.50 | 2 January, 2024 |
| Diversity Excellence Scholarships | Full-time MBA | 41,62,442.50 | 20 May, 2024 |
| Helen Macpherson Smith Fellowship | Full-time MBA; Part-time MBA | 24,97,465.50 | 22 January, 2024 |
Melbourne Business School Job Outcomes
90% of students get jobs in Australia after graduating from Melbourne Business School. Here are the jobs and the average salary mentioned below.
| Designation | Salary Range (INR) |
| Management Consultant | 99,89,862.00 - 1,49,84,793.00 |
| Product Manager | 91,57,373.50 - 1,33,19,816.00 |
| Marketing Manager | 83,24,885.00 - 1,24,87,327.50 |
| Business Development Manager | 74,92,396.50 - 1,16,54,839.00 |
| Finance Manager | 74,92,396.50 - 1,08,22,350.50 |
| Strategy Manager | 83,24,885.00 - 1,24,87,327.50 |
| Operations Manager | 74,92,396.50 - 1,08,22,350.50 |
Melbourne Business School Notable Alumni
Melbourne Business School boasts a remarkable alumni network of over 22,000 individuals spread across more than 90 countries worldwide.
- James Gorman: CEO of Morgan Stanley
- Catherine Livingstone: Chair of BHP
- Mike Cannon-Brookes: Co-founder of Atlassian
- Sue Cato, CEO of PwC Australia
- David Thodey, former CEO of Telstra
Melbourne Business School Vs S P Jain School of Global Management Vs Australian Graduate School of Management Vs Monash Business School
A quick comparison of Melbourne Business School with S P Jain School of Global Management and others are given below. While looking for Melbourne Business School, many international students also search for these universities. Hence, a comparison between them can help you to choose the best university for yourself.
| Particulars | Melbourne Business School | S P Jain School of Global Management | Australian Graduate School of Management | Monash Business School |
| Ranking | #37 in QS WUR Ranking by subject Business and Management Studies | #40 in QS International Trade Ranking 2023 | #42 in QS WUR Ranking by subject Business and Management Studies | #54 in QS WUR Ranking by subject Business and Management Studies |
| Acceptance Rate | 37% | 13% | 42% | 40% |
| Tuition fee | AUD 1,06,650 (INR 59,11,552.98) | AUD 36,100(INR 19,68,711.33) | AUD 81,720 (INR 45,31,070.00) | AUD 73,300 (INR 40,62,980.15) |
| ELP Score | PTE: 65 TOEFL: 102 IELTS: 7 | PTE: 64 IELTS for Australia: 7 | PTE: 64 IELTS for Australia: 7 | PTE: 58+ IELTS score: 6.5+ TOEFL: 79+ |
| Average Annual Salary | AUD 1,74,000 (INR 96,44,727.78) | AUD 40,163(INR 21,90,286.80) | AUD 1,45,000 (INR 80,39,710.60) | AUD 1,50,000 (INR 83,14,420.50) |
Note: AUD 1= INR 54.81 as on January 23, 2024
In conclusion, Melbourne Business School epitomizes educational distinction, providing a transformative experience for aspiring business professionals. With a focus on innovation, global engagement, and industry relevance, MBS cultivates a dynamic learning atmosphere. You can reach out to Melbourne Business School Instagram page for more information. Melbourne Business School fees for international students is competitive than other top universities in Australia.
FAQs
Ques. What is the acceptance rate of Melbourne Business School?
Ans: The acceptance rate of Melbourne Business School is very low, which is 37%
Ques. What is the average tuition fees in Melbourne Business School?
Ans: The average tuition fees of Melbourne Business School is 41,62,442.50 Indian Rupee
Ques: Are there any scholarship facilities in Melbourne Business School?
Ans: Yes, there are various scholarship programs available for the students.
Ques: What is the deadline for Master of Business Administration [M.B.A]?
Ans: The deadline for Master of Business Administration [M.B.A] is 20 May 2024.
Ques. What is the employability rate of Melbourne Business School?
Ans: The employability rate of Melbourne Business School is 90%
Ques: What programs does Melbourne Business School offer?
Ans: MBS offers a range of programs, including MBA, Master of Management, and specialized business courses tailored for diverse career paths.
Ques: How does MBS support international students in terms of accommodation?
Ans: MBS assists international students with accommodation options, providing resources and guidance for a smooth transition to Melbourne.
Ques: Are there scholarships available for MBS programs?
Ans: Yes, MBS offers various scholarships based on merit, diversity, and financial need to support students in their academic journey.
Ques: Can you elaborate on MBS's Global Business Practicum?
Ans: The Global Business Practicum is an immersive project allowing MBS students to work on real-world business challenges globally, gaining practical experience.
Ques: What is the alumni network like at Melbourne Business School?
Ans: MBS boasts a robust global alumni network, offering networking opportunities, mentorship, and connections for career advancement.
Ques: How does MBS incorporate industry insights into its curriculum?
Ans: MBS collaborates with industry leaders, integrates real-world case studies, and engages industry professionals to ensure a practical and relevant curriculum.
Ques: What are the admission requirements for MBS MBA programs?
Ans: Admission to MBS MBA programs requires a competitive GMAT/GRE score, academic transcripts, work experience, and a compelling application.
Ques: Can MBS students engage in study abroad programs?
Ans: Yes, MBS encourages students to participate in global study opportunities, fostering a diverse and international perspective in their education.
Ques: How does MBS support entrepreneurship among its students?
Ans: MBS promotes entrepreneurship through dedicated courses, startup incubators, and initiatives that empower students to pursue innovative business ideas.
Ques: What resources do MBS provide for career development?
Ans: MBS offers career services, workshops, and networking events, connecting students with employers and preparing them for successful careers.
Ques: How is technology integrated into MBS's learning environment?
Ans: MBS embraces technology with state-of-the-art facilities, online resources, and interactive learning methods, ensuring students are equipped for the digital age.
Ques: Are there opportunities for MBS students to engage in research projects?
Ans: Yes, MBS facilitates research opportunities, allowing students to collaborate with faculty on projects that contribute to advancements in business knowledge.
Ques: What are the key strengths of MBS's Master of Management program?
Ans: MBS's Master of Management emphasizes leadership, strategic thinking, and practical skills, preparing graduates for diverse management roles.
Ques: How does Melbourne Business School foster a diverse and inclusive campus environment?
Ans: MBS actively promotes diversity through inclusive policies, events, and initiatives that create a welcoming and supportive campus community.
Ques: Can you provide examples of MBS alumni success stories?
Ans: MBS alumni have excelled in various industries globally, showcasing the school's impact on shaping successful business leaders and entrepreneurs.
