Victoria Graduate School of Business is the postgraduate business school of Victoria University Melbourne. The school is headquartered on Flinders Lane inside the Melbourne central business district, and its parent university ranks #696 in the QS World University Rankings 2027.
VGSB delivers MBA, Master of Business Analytics, Master of Project Management and Master of Applied Information Technology degrees in English. Doctoral and graduate-diploma paths cover HR management at the city campus. Indian applicants form a large international cohort, with Victoria University Melbourne offering a dedicated VU Block Model India Scholarship.
- Ranking (parent university): #696 in QS World 2027, moved up from #741-750 in QS 2026
- Acceptance rate: not officially disclosed, 40 to 55% (estimated) for international applicants
- Intakes at Melbourne CBD: Semester 1 (February), Semester 2 (July), plus VU Block Model start dates through the year
- MBA (Global) total tuition: AUD 81,600 or INR 55.4 lakh over 2 years
- Location: Flinders Lane, Melbourne CBD, Victoria
- Average postgraduate starting salary in Australia (Graduate Outcomes Survey market median): AUD 78,000 or INR 52.9 lakh
VGSB fees sit on the lower end of Melbourne business schools, and the VU Block Model International Scholarship trims up to 30% off tuition in the first year. A dedicated India scholarship stacks with departmental awards for eligible applicants. Indian applicants enter on the Australian Subclass 500 student visa, with a two-to-three-year Temporary Graduate visa after completion.
Exchange rate used: 1 AUD = INR 67.86 as of September 2026
Admission Status: Open (Semester 1 2027 intake). Applications for Semester 1 2027 close 30 November 2026 (recommended), with programme start on 15 February 2027. Semester 2 2027 applications are expected to open January 2027 with a rolling close through May 2027, based on the prior cycle.
Table of Contents
- Popular Courses and VGSB Fees 2027
- Victoria Graduate School of Business Admission 2027
- Victoria Graduate School of Business Admission Requirements for Indian Applicants 2027
- VGSB Acceptance Rate 2027
- VGSB Fees and Cost of Living for Indian Students 2027
- Victoria Graduate School of Business Campus, Facilities and Student Life
- Victoria Graduate School of Business Scholarships 2027
- VGSB Rankings 2027
- Victoria Graduate School of Business Placements and Career Outcomes 2027
- VGSB vs Peer Universities
- Victoria Graduate School of Business FAQs
Popular Courses and VGSB Fees 2027
VGSB fees are set at the postgraduate coursework level, charged per semester across the two-year MBA (Global) and other master’s degrees. The city campus runs coursework on the VU Block Model with four intake blocks per year. Fees below are 2026 international rates from Victoria University’s fee schedule; non-MBA ranges reflect the standard VU international masters band pending confirmation on each course page.
Postgraduate Programs at VGSB Melbourne
The MBA (Global) is the flagship two-year programme, with allied Business Analytics, Project Management and Applied Information Technology master’s degrees drawing strong Indian enrolments. All degrees run four semesters at AUD 20,400 per semester for the MBA and comparable per-semester rates for allied masters.
| Program | Total Fee (AUD) | Total Fee (INR lakh) | Entry Requirement |
|---|---|---|---|
| Master of Business Administration (Global) | AUD 81,600 | 55.4 lakh | Bachelor’s with 55% or CGPA 5.5/10 (recommended) |
| Master of Business Analytics | AUD 52,000 to 70,000 (estimated) | 35.3 to 47.5 lakh (estimated) | Bachelor’s with 55% or CGPA 5.5/10 (recommended) |
| Master of Project Management | AUD 52,000 to 70,000 (estimated) | 35.3 to 47.5 lakh (estimated) | Bachelor’s with 55% or CGPA 5.5/10 (recommended) |
| Master of Applied Information Technology | AUD 52,000 to 70,000 (estimated) | 35.3 to 47.5 lakh (estimated) | Bachelor’s in IT or CS with 55% (recommended) |
| Master of Education (MEd) | AUD 52,000 to 70,000 (estimated) | 35.3 to 47.5 lakh (estimated) | Bachelor’s in education or teaching with 55% (recommended) |
[Source: Victoria University international fee schedule 2026; ranges pending course-page confirmation.]
Undergraduate Programs Delivered at the City Campus
Undergraduate degrees run through the parent Victoria University catalogue and share the Melbourne city campus. Standard duration is three years, with per-semester tuition of AUD 13,000 to 17,000.
| Program | Total Fee (AUD) | Total Fee (INR lakh) | Entry Requirement |
|---|---|---|---|
| Bachelor of Information Technology (BIT) | AUD 90,000 to 102,000 (estimated) | 61.1 to 69.2 lakh (estimated) | Class 12 with 65% (Australian Year 12 equivalent) |
| Bachelor of Law (LLB) | AUD 99,000 to 114,000 (estimated) | 67.2 to 77.4 lakh (estimated) | Class 12 with 70% (recommended) |
| Bachelor of Nursing (BN) | AUD 96,000 to 111,000 (estimated) | 65.1 to 75.3 lakh (estimated) | Class 12 with 65% and higher IELTS band |
| Bachelor of Education (BEd) | AUD 78,000 to 90,000 (estimated) | 52.9 to 61.1 lakh (estimated) | Class 12 with 65% |
Insider note: Indian applicants at VGSB overwhelmingly choose the MBA (Global) and Business Analytics tracks. Project Management is the third-largest Indian pick, drawing engineering-graduate applicants who want an Australian pathway without a research thesis.
Read More: VGSB Fees, Programs and Cost of Living Guide
Victoria Graduate School of Business Admission 2027
Victoria Graduate School of Business admission runs on two standard intakes and additional VU Block Model start dates through the year. The primary intake for Indian applicants is Semester 1 (February), followed by Semester 2 (July).
| Milestone | Date | Notes for Indian Applicants |
|---|---|---|
| Semester 1 2027 application (recommended close) | 30 November 2026 | Competitive coursework programmes may close earlier; verify on course page |
| Credential verification (WES or attested) | Start 4 to 6 weeks before submission | Class 12 and bachelor’s transcripts must beapostilled early |
| Semester 1 2027 programme start | 15 February 2027 | On-campus orientation for international students |
| Semester 2 2027 application (expected close) | Expected May 2027 (based on prior cycle) | Verify exact close date on the official course page |
[Source: Victoria University international applications guidance 2026]
Planning note: VU Block Model start dates run every seven weeks across four blocks per year. Indian applicants who miss the February intake can pick a Block 2 or Block 3 start in April or June 2027 for eligible coursework masters, avoiding a six-month wait.
Read More: Victoria Graduate School of Business Admissions Guide for Indian Students
Victoria Graduate School of Business Admission Requirements for Indian Applicants 2027
Victoria Graduate School of Business admission requirements for Indian applicants are set at the postgraduate coursework level, with English proficiency required alongside academic credentials.
Postgraduate Admission Requirements at VGSB
- Academic: Bachelor’s degree equivalent to an Australian bachelor with 55% or CGPA 5.5/10 (recommended); Graduate Diploma also accepted for MBA (Global)
- English: IELTS score 6.5 overall with no band below 6.0, or TOEFL iBT 79 (Listening 19, Speaking 19, Reading 18, Writing 22), or PTE Academic 60 with no section below 52
- Credential verification: WES or attested transcripts; certified English translation where documents are not in English
- Programme-specific: Master of Applied Information Technology needs an IT or computer science background
Undergraduate Admission Requirements at VGSB
- Academic: Class 12 with 65% aggregate (Australian Year 12 equivalent); 70% for law and engineering pathways
- English: IELTS 6.0 overall with no band below 6.0, or TOEFL iBT 67 (Listening 12, Speaking 18, Reading 15, Writing 21)
- Waiver route: Two full-time years of English-medium academic study in the last five years may exempt the IELTS score
Key insight: Indian applicants who fall just short on IELTS can meet VGSB entry through VU English EAP Level 6 for postgraduate coursework or EAP Level 5 for undergraduate. The pre-sessional route lets applicants receive a packaged offer without retaking a proficiency test.
VGSB Acceptance Rate 2027
VGSB acceptance rate is not officially published by Victoria University. Based on international coursework admission patterns at comparable Melbourne business schools, the effective admit rate for Indian applicants sits at 40 to 55% (estimated) for the MBA and allied masters. Rates on individual research degrees run tighter due to supervisor-capacity limits.
The school prioritises academic transcripts, statement of purpose fit, and English proficiency over standardised test scores. A GMAT or GRE score is not required for MBA (Global).
Reality check: A borderline Indian applicant with a 55% bachelor’s and IELTS 6.5 has a realistic path to a VGSB offer, especially when applying at least three months before the recommended close. Late-cycle applications compete against the strongest profiles.
Read More: Top MBA universities in Australia
VGSB Fees and Cost of Living for Indian Students 2027
Total annual cost for a VGSB postgraduate student combines tuition of AUD 26,000 to 40,800 (INR 17.6 to 27.7 lakh) with living costs of AUD 25,800 to 38,400 (INR 17.5 to 26.1 lakh). The combined annual outlay lands between AUD 51,800 and 79,200, or INR 35.1 to 53.8 lakh.
VGSB Tuition Fees for Indian Students 2027
Tuition is charged per semester across coursework masters, with the MBA (Global) at AUD 20,400 per semester as per the Victoria University international fee schedule 2026.
| Level | Annual Fee (AUD) | Annual Fee (INR lakh) |
|---|---|---|
| Undergraduate (per year) | AUD 26,000 to 34,000 (estimated) | 17.6 to 23.1 lakh (estimated) |
| Postgraduate coursework (per year) | AUD 26,000 to 40,800 | 17.6 to 27.7 lakh |
| MBA (Global) per semester | AUD 20,400 | 13.8 lakh |
[Source: Victoria University international fee schedule 2026]
Monthly Cost of Living in Melbourne for Indian Students
Melbourne CBD sits in a higher rent band than Footscray or Sunshine suburbs where many VU students live. The range below covers a shared apartment through to a studio within a 20-minute tram ride of Flinders Lane.
| Category | Monthly Cost (AUD) | Monthly Cost (INR) |
|---|---|---|
| Accommodation (shared to studio) | AUD 1,300 to 1,900 | INR 88,000 to 1,28,900 |
| Food and groceries | AUD 400 to 600 | INR 27,100 to 40,700 |
| Transportation (Myki concession) | AUD 150 to 200 | INR 10,200 to 13,600 |
| Books and course materials | AUD 100 to 150 | INR 6,800 to 10,200 |
| Personal and miscellaneous | AUD 200 to 350 | INR 13,600 to 23,800 |
| Total monthly | AUD 2,150 to 3,200 | INR 1,45,900 to 2,17,200 |
| Total annual | AUD 25,800 to 38,400 | 17.5 to 26.1 lakh |
[Source: Australian Department of Home Affairs annual living cost guidance 2026, band AUD 24,840 to 37,560]
Insider note: Weekly CBD rent runs AUD 300 to 450 for a shared 2BHK. Indian students who move to Footscray, Sunshine or West Melbourne cut rent to AUD 200 to 280 per week and stay inside a 25-minute commute to Flinders Lane.
Read More: Student accommodation in Australia for Indian students
Victoria Graduate School of Business Campus, Facilities and Student Life
The VGSB campus sits on Flinders Lane in Melbourne’s central business district. Study hours are tailored to working professionals, and evening block sessions are common.
- Location and transport: Flinders Lane campus is a five-minute walk from Flinders Street Station and inside the free Melbourne CBD tram zone
- Housing: No guaranteed on-campus beds; most Indian students take private shared rentals at AUD 250 to 400 per week or purpose-built student accommodation blocks near Southbank
- Facilities: Bloomberg-style business incubators, industry-standard computer labs, executive-education classrooms and 24-hour study lounges
- Indian student community: Active Indian Student Council, festival celebrations for Diwali and Holi, and a strong South Asian alumni network across Melbourne finance and consulting firms
What Indian students say: The block model helps working professionals hold part-time jobs while studying one subject at a time. CBD location cuts commute time for internships in the finance district. Rent close to campus is the single biggest budget line.
Victoria Graduate School of Business Scholarships 2027
Victoria University runs four active international scholarships that reach VGSB coursework and research applicants. One award is India-specific, and the remaining three are open to Indian nationals on merit.
| Scholarship | Type | Award Value | Eligibility | Deadline |
|---|---|---|---|---|
| VU Block Model International Scholarship | Merit tuition waiver | Up to 30% off tuition for the first year | New international students to eligible VU Melbourne coursework degrees | Automatic on application; verify at official page |
| VU Block Model India Scholarship | Merit, India-specific | Percentage tuition waiver | Indian nationals to eligible VU coursework degrees | 15 April 2026 for September 2026 intake; next round to be published |
| STEM Accommodation Scholarship | Merit accommodation grant | AUD 15,548 (UG one year free) or AUD 8,502 (PG six months) | International STEM students in science, engineering or IT; offshore priority | Rolling; first-come, first-served |
| VU Global Research Scholarship | Merit tuition waiver | 20% off tuition for the full research degree | International masters by research or PhD candidates | Automatic on application for eligible research degrees |
[Source: Victoria University international scholarships page 2026]
Planning note: The India-specific scholarship uses a fixed submit-by date rather than a rolling window. Indian applicants who miss the April cut-off can still apply for the general VU Block Model International Scholarship, which is assessed automatically at admission.
VGSB Rankings 2027
VGSB is not ranked as a standalone entity in QS, THE, US News or ARWU world tables. The world ranks below apply to its parent, Victoria University Melbourne, whose position moved up by roughly 45 places between the QS 2026 and QS 2027 editions.
| Member Institution | QS World 2027 | THE World 2026 |
|---|---|---|
| Victoria University Melbourne (VGSB parent) | #696 | 501 to 600 band |
[Source: QS World University Rankings 2027, Times Higher Education 2026]
At subject level, Sport Science ranks #6 globally in ShanghaiRanking 2025. Sports-Related Subjects ranks 51-100 in QS World University Rankings by Subject 2026. THE Sustainability Impact Ratings 2026 place the parent in the 101-200 band. US News Best Global Universities and ARWU main tables do not list Victoria University Melbourne in their published bands.
Key insight: The QS #696 position places Victoria University Melbourne inside the QS ranked list required for the Australian Subclass 500 visa. Indian graduates gain eligibility for the two-to-three-year Temporary Graduate visa on the strength of the parent’s ranking.
Victoria Graduate School of Business Placements and Career Outcomes 2027
Placement outcomes at Victoria Graduate School of Business track the national Graduate Outcomes Survey benchmark for Melbourne business schools rather than a school-level guaranteed placement figure. Postgraduate coursework graduates find work in finance, consulting, project management and IT services.
- Median postgraduate starting salary in Australia (Graduate Outcomes Survey market median): AUD 78,000 or INR 52.9 lakh
- Employer sectors: Big Four consulting Australian arms, ANZ Bank, NAB, Deloitte, PwC, Telstra, Melbourne-based project management firms (representative, not disclosed as school placement partners)
- Careers support: VU Careers Hub runs employability workshops, LinkedIn profile reviews, and industry-mentor matching for MBA students
- Post-study work visa: Temporary Graduate visa (Subclass 485) of two to three years for VGSB masters graduates
- Indian alumni: Notable senior professionals across Australian banking, IT services and Melbourne-based Indian diaspora businesses (individual names not officially disclosed by the school)
Insider note: Indian MBA graduates at VGSB frequently land project analyst and business analyst roles in the AUD 70,000 to 85,000 band during the first year. Career shifts into consulting and product management typically add AUD 15,000 to 25,000 within three years, aided by the Melbourne finance-district talent pipeline.
VGSB vs Peer Universities
Melbourne hosts several postgraduate business schools competing for Indian MBA applicants. The peer set below covers the closest four Melbourne-based options plus one cross-city comparator.
| University | QS World 2027 | Avg Annual PG Fee (AUD) | Avg Annual PG Fee (INR lakh) | Differentiator |
|---|---|---|---|---|
| Victoria Graduate School of Business (VU Melbourne) | #696 (parent) | AUD 40,800 (MBA Global) | 27.7 lakh | Lowest MBA fee in Melbourne CBD with block-model flexibility |
| Melbourne Business School (University of Melbourne) | #19 (parent) | AUD 105,000 (estimated) | 71.3 lakh (estimated) | Australia’s top-ranked MBA with FT global recognition |
| Monash Business School | #37 (parent) | AUD 68,000 (estimated) | 46.1 lakh (estimated) | AACSB, EQUIS and AMBA triple-accredited with strong analytics tracks |
| RMIT Graduate School of Business and Law | #123 (parent) | AUD 52,000 (estimated) | 35.3 lakh (estimated) | Practice-oriented MBA embedded in Melbourne design and tech ecosystem |
| Deakin Business School | #197 (parent) | AUD 44,000 (estimated) | 29.9 lakh (estimated) | Cloud-campus flexibility and strong online MBA presence |
[Source: QS World University Rankings 2027; average fees from respective university international fee schedules 2026]
VGSB stands out for the lowest MBA fee among Melbourne CBD business schools with an active India-specific scholarship. The block-model timetable suits Indian applicants who want to work part-time in the Melbourne finance district while studying one unit at a time.
Victoria Graduate School of Business fits an Indian applicant who wants a Melbourne CBD MBA at half the fee of Melbourne Business School, is comfortable with a mid-band parent university, and values the block-model timetable that pairs one-unit-at-a-time study with part-time work. Total two-year investment lands near INR 81 lakh against a market-median postgraduate starting salary of INR 52.9 lakh, giving a competitive payback horizon for the study in Australia route.
VGSB is not the right pick for applicants chasing a top-100 QS-ranked MBA credential or heavy campus prestige for consulting recruiting. Those profiles are better served by Melbourne Business School or Monash Business School, both of which trade a higher fee for stronger global brand pull.
Victoria Graduate School of Business FAQs
Ques. What are the top MBA specialisations offered at Victoria Graduate School of Business?
Ans. The MBA (Global) at Victoria Graduate School of Business runs core streams in strategy, finance, marketing and operations, plus elective clusters in business analytics, project management and enterprise information systems. Indian applicants most commonly pick analytics and project management electives, which pair well with the Master of Business Analytics and Master of Project Management taught on the same city campus.
Ques. Does VGSB accept the Duolingo English Test for international admission?
Ans. The Victoria University international entry policy lists IELTS Academic, TOEFL iBT, PTE Academic and Cambridge CAE as accepted tests, along with the internal VU English EAP pathway. The Duolingo English Test is not named on the official English requirements page. Indian applicants should plan to sit IELTS or PTE, or route through VU English EAP Level 6 for postgraduate coursework.
Ques. How does the VU Block Model at VGSB benefit Indian students?
Ans. The block model at VGSB delivers one unit at a time across four intake blocks per year, each running around four weeks. Indian students report better grades, lower assessment overlap and more flexibility to hold part-time work of up to 48 hours per fortnight. Missing a February intake still leaves a Block 2 or Block 3 start in April or June.
Ques. Can Indian applicants get an IELTS waiver for VGSB admission?
Ans. Indian applicants who completed at least two years of full-time academic study in English medium within the past five years may qualify for an IELTS waiver at VGSB. Recognised English-medium bachelors from Indian universities such as Delhi, Mumbai, Anna, VIT and NIT campuses are commonly accepted, subject to a supporting letter from the institution confirming the language of instruction.
Ques. What are the part-time work rules for Indian students at Victoria Graduate School of Business?
Ans. Indian students on the Australian Subclass 500 student visa can work up to 48 hours per fortnight during teaching periods and unlimited hours during scheduled breaks. VGSB students routinely take retail, hospitality and entry-level analyst roles in the Melbourne CBD, with hourly rates from AUD 24 to 35 as per Fair Work Australia national minimum-wage guidance.
Ques. How much financial proof does an Indian applicant show for a Victoria Graduate School of Business student visa?
Ans. The Australian Department of Home Affairs requires evidence of AUD 29,710 in annual living costs for the primary applicant, plus one year’s tuition and return travel. For a VGSB MBA applicant, the combined financial proof works out to roughly AUD 62,510 or INR 42.4 lakh, sourced through parental funds, fixed deposits or a sanctioned Indian education loan.
Ques. Are education loans from Indian banks accepted at Victoria Graduate School of Business?
Ans. Victoria University Melbourne is recognised by major Indian public banks for education loans, and VGSB coursework masters qualify for sanction under the standard overseas-study loan schemes. State Bank of India, Bank of Baroda and Punjab National Bank routinely process VGSB MBA loans, along with private lenders like HDFC Credila, Avanse and Auxilo. Sanction turnaround runs three to six weeks after the offer letter.
Ques. What are the pathways from a VGSB Graduate Certificate to the MBA?
Ans. The Graduate Certificate in Business Administration at VGSB is a four-unit qualification that articulates directly into the MBA (Global) with full credit for those four units. Indian applicants who do not initially meet MBA entry criteria often use the graduate certificate as a bridging pathway, saving a semester of tuition on completion and moving into the second stage of the MBA.
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| 8MIU1T | 7N6V25 | /mfICu | 3hZkL+ | vvWrCI | oM0Bz2 |
|---|---|---|---|---|---|
MBA Business Administration 2 years | Study Period 2 2027 international application deadline (28th Feb 2027) Study Period 5 2027 international application deadline (22nd Aug 2027) Study Period 6 2027 international application deadline (17th Oct 2027) | INR 16.9 L/Yr AUD 24,930 /Yr | - | Bachelor's Degree | |
BN Nursing 3 years | February intake 2027 rolling application date (1st Feb 2027) April intake 2027 rolling application date (1st Apr 2027) | INR 29.5 L/Yr AUD 43,500 /Yr | - | IELTS: 7, TOEFL: 4.5, PTE: 63, High School Diploma, minimum 65% | |
M.A Business Analytics 2 years | February intake 2027 rolling application date (1st Feb 2027) September intake 2027 rolling application date (1st Sep 2027) | INR 27.4 L/Yr AUD 40,500 /Yr | - | IELTS: 6.5, TOEFL: 4, PTE: 60, Bachelor's Degree, minimum 55% | |
February intake 2027 rolling application date (1st Feb 2027) September intake 2027 rolling application date (1st Sep 2027) | INR 27.4 L/Yr AUD 40,500 /Yr | - | IELTS: 6.5, TOEFL: 4, PTE: 60, Bachelor's Degree, minimum 55% | ||
BIT 3 years | February intake 2027 rolling application date (1st Feb 2027) September intake 2027 rolling application date (1st Sep 2027) | INR 26.4 L/Yr AUD 39,000 /Yr | - | IELTS: 6.0, TOEFL: 3.5, PTE: 52, High School Diploma in Mathematics, minimum 65% | |
MEd Education 2 years | February intake 2027 rolling application date (1st Feb 2027) September intake 2027 rolling application date (1st Sep 2027) | INR 24 L/Yr AUD 35,500 /Yr | - | IELTS: 7.0, Bachelor's Degree, minimum 55% | |
LLB Law 4 years | February intake 2027 rolling application date (1st Feb 2027) | INR 26.4 L/Yr AUD 39,000 /Yr | - | IELTS: 6.5, High School Diploma, minimum 65% | |
BEd 4 years | February intake 2027 rolling application date (1st Feb 2027) | INR 24 L/Yr AUD 35,500 /Yr | 75 | IELTS: 6.0 | |
MA Professional Accounting 2 years | February intake 2027 rolling application date (1st Feb 2027) | INR 27.4 L/Yr AUD 40,500 /Yr | - | IELTS: 6.5, TOEFL: 4, PTE: 60, Bachelor's Degree, minimum 55% | |
BBus Business 3 years | February intake 2027 rolling application date (1st Feb 2027) September intake 2027 rolling application date (1st Sep 2027) | INR 26.4 L/Yr AUD 39,000 /Yr | - | IELTS: 6.0, TOEFL: 3.5, PTE: 52, High School Diploma, minimum 65% |
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