Melbourne Business School: Fees, Ranking, Acceptance Rate, Application Deadlines, and Requirements

Melbourne Business School: Fees, Ranking, Acceptance Rate, Application Deadlines, and Requirements

Melbourne, VictoriaLocation
SchoolSchool type
Estd1954established year
690enrollment
Public
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Bhaskar Das

Content Writer - Study Abroad

Highlights:

  • Ranking: LinkedIn has ranked Melbourne Business School at the #68 position in their latest Top MBA ranking 2024. 
  • Departments: Melbourne Business School is one of the 15 departments of the University of Melbourne dealing with business and management courses
  • Intakes: You can apply to Melbourne Business School in two intakes January and September. The September 2024 intake is still open. 
  • Tuition Fees: Since the total tuition fees range somewhere around AUD 75,000 - AUD 150,000, you have the option to pay in various installments
  • Top Courses: The top subjects studied by Indian students include full-time MBA, Executive MBA, and Master of Marketing
  • Cost of Living: You can expect to send around 600-700 AUD weekly as a cost of living

Melbourne Business School is one of the top universities in Carlton, Australia. It is ranked #15 in the World University Rankings for Masters In Business Analytics 2024. LinkedIn has also ranked this school at the #68 position in their latest Global Top MBA ranking, 2024. Melbourne Business School is a part of the University of Melbourne’s 15 graduate schools including Melbourne Law School and Medical School. The university has been able to maintain its rank among the top 20 for the last decade.

MBS_Ranking

MBS is not only known for its MBA in Australia programs but also offers a business analytics degree along with 25 short courses for students. As an Indian student, choosing Melbourne Business School can be beneficial due to its lower fees as compared to US MBA courses. The program fee for the 2024 Full-time MBA is AUD 106,650. This covers all program costs for the two years and can be paid in installments. The fees will change as per the course selected. You also will have ease of communication as it is an English-speaking country. A few other reasons for selecting Melbourne Business School are:

  • #1 MBA in Australia
  • #1 Executive MBA in Australia
  • #1 Master of Business Analytics in Australia

The Melbourne Business School MBA acceptance rate for international students is 37%. This might differ every year as per the number of students getting admitted to top business schools in Australia. There are 1300+ Indian students at the university which comprises a large majority of the total international population. You can apply to Melbourne Business School in two intakes January and September. The September 2024 intake is still open. Melbourne Business School has launched a partnership with the Indian School of Business. As a part of the collaboration between the two schools, Executive MBA and Senior Executive MBA cohorts from Melbourne Business School will undertake immersion modules at ISB’s Hyderabad campus.

Melbourne Business School Admissions

The Melbourne Business School admissions involves selecting your course first. If you are using this Application Portal for the first time, you will need to register. It is better to use a personal email address which ensures you can access your application at a later date. If you are experiencing any issues with your registration or login, you can contact study@mbs.edu or call +61 3 9349 8200. If any of your documents are not in English, you will need to provide certified translated copies. MBS prefers translations made by NAATI-qualified translators. The most important documents required include:

  • Personal Statements - Four personal statements of approximately 250-300 words
  • Referee Reports - Professional referees are required for most programs. Ideal referees may include a manager, supervisor, or stakeholder.
  • GMAT/GRE - Required for Full-time MBA applicants only.
  • Valid passport (showing passport ID number, place of birth, DOB, Expiry date), AND
  • Visa Entitlement Verification Online system (VEVO) document confirming study rights
  • A copy of your current valid visa letter
  • Official academic transcript
  • Your Employment History
  • ELP language scores like IELTS and TOEFL

You need to have a 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 IBT 102, and PTE 65.

Melbourne Business School Application Deadline

Being the business school of the University of Melbourne, Melbourne Business School have the 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 are as follows

Program Application Deadlines
MBA Early Round: 25 September 2023Round 1: 20 November 2023Round 2: 29 January 2024Round 3: 25 March 2024Round 4: 20 May 2024 (final off-shore international closing date)Round 5: 1 July 2024
All Other Courses April 30, 2024 (Closed)

Melbourne Business School Campus

Melbourne Business School is home to Australia's best MBA and business analytics degrees. The university also provides short courses for professionals and custom solutions for organizations. Melbourne Business School main campus situated in the Melbourne suburb of Carlton, houses the main office and administrative building.

  • There are over 200 student clubs and associations open to Melbourne Business School students at the University of Melbourne.
  • The Giblin Eunson Library is specific to MBS students at the University of Melbourne.
  • Melbourne Business School provides around 11 residential colleges, six university accommodations, and one residence hall outside the residential colleges for international students.
  • Amenities include lounges, Wi-Fi, gym facilities, game rooms, TVs, study rooms, 24-hour computer rooms, music practice rooms, cafes, laundry, common rooms, communal kitchens, bike storage, vending machines, courtyards, and rooftop gardens.
  • Room furniture includes a bed, wardrobe, desk, and desk chair, fan, lockable cupboard, vacuum cleaner, and a full-length mirror.
  • There are accessible rooms for disabled students in some accommodations at the University of Melbourne for MBS students.
MBS_Campus

Melbourne Business School Courses

MBS is famous for its great faculty and excellent way of teaching. You will be surprised to see that in a male-dominated subject, the male-female ratio in class is 50-50. The professors are available for help on weekends, via email, and even via call. Vivek Choudhury - an Indian is the academic director for the EMBA and SEMBA programs and also takes classes that are very interesting. The top Melbourne Business School courses include full-time MBA, Executive MBA, and Master of Marketing. The details of the course and fees are:

 

Melbourne Business School Cost of Living

Your student accommodations in Australia costs will depend on where you live and who you live with. There are a number of trusted and affordable student accommodation options provided by the University of Melbourne. If you stay at the university campus, you will get lots of facilities which you have to take separately for off-campus living. Just opposite the business and economics faculty are student accommodation buildings. So you can save the travel costs. You can use your Uni card for entry to all sections and other places like the printing zone. You can also choose to stay outside with your friends or classmates. It will be a cheaper option than on-campus living and most Indian students stay off campus. The cost of accommodation outside the university is:

Location Property Type Median Rent
Metropolitan Melbourne 1 Bed Flat $425
2 Bed Flat $525
3 Bed Flat $580
2 Bed House $500
3 Bed House $480
4 Bed House $525
Regional Victoria 1 Bed Flat $260
2 Bed Flat $340
3 Bed Flat $425
2 Bed House $350
3 Bed House $420
4 Bed House $500

Now, besides the accommodation, your expenses will include food, groceries, utilities, travel expenses, and personal expenses. The weekly cost of living in Australia are:

MBS-Living_Cost

Melbourne Business School Scholarships

There are very few scholarships offered by the Melbourne Business School. You can also apply for scholarships and loans to study in Australia by the Australian government to Indian students. The scholarships provided by the university are tough since the competition is huge. The list of scholarships provided by the MBS are:

  • Dean's International Management Scholarship - Full Tuition Fees for MBA course
  • Dean's Scholarship for Women and Management - AUD 50,000 for Senior Executive MBA
  • Diversity Excellence Scholarships - AUD $50,000 for a Full-time MBA course

Post-Study Work Visa

As an Indian student, to be eligible for a post-study work visa, you must have at least 2 years of academic experience of study in Australia. The duration will also depend on the type of degree completed:

  • Students who graduate with a bachelor's degree are eligible for a 2-year work visa.
  • Students who graduate with a Master's by coursework degree are eligible for a 2-year work visa. (This is the regular Masters which is the course that most Indian students undertake.)
  • Students who graduate with a Masters by Research degree are eligible for a 3-year work visa.
  • Students who graduate with a Doctoral degree (or PhD) are eligible for a 4-year work visa.

MBS Job Outcomes

Melbourne Business School gives access to career coaches and extensive tailored career support to its students. They offer one-to-one training sessions to make students confident and groomed enough so they feel worthy enough to demand jobs in their area of interest. MBS gives its students access to networks of its ex-graduates who offer support and job opportunities in Australia to fresh graduates. These networks prove to be really useful while applying for highly competitive roles in corporations especially for Indian students. Popular recruiters for MBS graduates are:

  • Microsoft
  • Australia Post
  • Innovior
  • Accenture
  • BCG
  • Loreal
  • Deloitte
  • Adventus
MBS_Jobs

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 the Melbourne Business School's Instagram page for more information.

FAQs

Ques. What are the undergraduate fields of study at the bond university?

Ans. The university provides several undergraduate programs in the fields of Accounting, Actuarial Science, International Business, Criminology, Public Relations, Climate Law, Pre-health Professionals, Management, Global Studies, Communication, and many more.

Ques. What is unique about Bond University?

Ans. It helps students complete their bachelor’s degree in just two years as they run three full semesters a year, with intakes in January, May, and September.

Ques. How many international students study at Bond University?

Ans. With 46% of its student body being international, it attracts a lot of students to study in Australia. The university has a total of 4,000 students enrolled.

Ques. Which programs are offered by Bond University?

Ans. The university offers more than 60 undergraduate courses along with approximately 70 master’s degree programs and 30 postgraduate certificate programs as well.

Ques. Where can the students apply for admission to the university?

Ans. The international applicants can apply through the online portal present on the university’s website.

Melbourne Business School Program Fees & Deadlines

ProgramImportant DatesFeesExams Score
M.B.A
2 years
Round 1 Application Deadline For 2025 Intake (25th Nov 2024)
Round 2 Application Deadline For 2025 Intake (3rd Feb 2025)
Round 3 Application Deadline For 2025 Intake (31st Mar 2025)
Round 4 Application Deadline For 2025 Intake (26th May 2025)
Round 5 Application Deadline For 2025 Intake (14th Jul 2025)
INR 60.6 L/Yr
AUD 106,650 /Yr
  • TOEFL: 94
  • IELTS: 7
  • GMAT: 560
  • GRE: 310
  • PTE: 65
Application Deadline For Feb 2025 Intake (31st Oct 2024)
INR 32.4 L/Yr
AUD 56,992 /Yr
  • TOEFL: 102
  • IELTS: 7
  • PTE: 65
Start-year 2025 intake (31st Oct 2024)
Mid-year 2025 intake (30th Apr 2025)
INR 22.7 L/Yr
AUD 40,000 /Yr
  • TOEFL: 79
  • IELTS: 7
  • PTE: 64
Application Deadline For Semester 2 Intake (30th Apr 2025)
Application Deadline For Semester 1 Intake (30th Nov 2025)
INR 29.6 L/Yr
AUD 52,032 /Yr
  • IELTS: 6
  • TOEFL: 100
  • GRE: 314
Application Deadline For Feb 2025 Intake (31st Oct 2024)
Application Deadline For July 2025 Intake (31st Mar 2025)
INR 32.9 L/Yr
AUD 57,984 /Yr
  • TOEFL: 100
  • IELTS: 6
  • GRE: 314
Application Deadline For Semester 2 Intake (30th Apr 2025)
Application Deadline For Semester 1 Intake (30th Nov 2025)
INR 32.7 L/Yr
AUD 57,584 /Yr
  • IELTS: 6
  • TOEFL: 100
  • GRE: 314

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2 years
On Campus
English
Full Time
Ranked #32 out of 340 by QS Global Ranking 2025
Exam Scores: TOEFL94|IELTS7|GMAT560|GRE310|PTE65
Degrees Available: E.M.B.A
Important Date: 25 Nov, 2024
INR 60.6 L/YrAUD 106,650 /Yr

Master Business Analytics

1 year
On Campus
English
Full Time
Ranked #32 out of 340 by QS Global Ranking 2025
Exam Scores: TOEFL94|IELTS7|PTE64
Important Date: 21 Oct, 2024
INR 42.3 L/YrAUD 74,400 /Yr

Master of Management [M.Mgmt]

2 years
On Campus
English
Full Time
Exam Scores: TOEFL79|IELTS6.5|PTE64
Important Date: 31 Jan, 2025
INR 32.4 L/YrAUD 56,992 /Yr
1 year
On Campus
English
Full Time
Ranked #32 out of 340 by QS Global Ranking 2025
Exam Scores: TOEFL79|IELTS6.5|PTE64
Important Date: 31 Jan, 2025
INR 32.4 L/YrAUD 56,992 /Yr

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Melbourne Business School comparison

University NameMelbourne Business SchoolSydney Business School, University of WollongongAustralian Graduate School of ManagementLondon Business School
Overall Ranking
  • #87 Financial Times 2021
  • #80 Financial Times 2020
  • #61 Financial Times 2019
-
  • #79 Financial Times 2021
  • #88 Financial Times 2020
  • #70 Financial Times 2019
  • #600 US News 2023
  • #600 US News 2022
  • #909 Center for World University Rankings 2022
Programs
  • PG Programs - 6
  • UG Programs- 2
  • PG Programs - 13
  • UG Programs- 27
  • PG Programs - 12
  • Doctorate Programs -7
  • PG Programs - 7
  • Doctorate Programs -7
Cost to Study
  • Average Tuition Fees:INR 4943340 [For PG Program]
  • Hostel + Meal:INR 1357429.8 Per Year
  • Hostel + Meal:INR 873039.3 Per Year
  • Average Tuition Fees:INR 1646643.6 [For UG Program]
  • Average Tuition Fees:INR 1488627.18 [For PG Program]
  • Hostel + Meal:INR 1942221.24 Per Year
  • Average Tuition Fees:INR 7166081.58 [For PG Program]
  • Hostel + Meal:INR 3684606.54 Per Year
Collegedunia Score- Out of 10- Out of 10- Out of 104.2 Out of 10
CollegeDunia Reviews---6.9/10 Read 2 reviews
-Read Full ComparisonRead Full ComparisonRead Full Comparison

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Melbourne Business School Ranking

2025202420232022202120202019201820172016

QS World University logo
Business 32 out of 340 in Global Ranking
( #1 out of 14 in Australia 2025)

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Melbourne Business School Scholarships


NameScholarship Per StudentLevel of StudyType
Bharat Petroleum ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Bhajan Lal ScholarshipScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based
Paul Foundation scholarshipsScholarship per student₹ 17 L/Yr$20,174Level Of StudyDiplomaTypeMerit-Based
FINCAD Women in Finance ScholarshipScholarship per student₹ 16.8 L/Yr$20,000Level Of StudyMasterTypeMerit-Based
Australia Awards ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Destination Australia ScholarshipScholarship per student₹ 12.6 L/Yr$15,000Level Of StudyBachelorTypeEasy-to-Apply

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Melbourne Business School Admissions

  • Round 1 Deadlines

    Important Date: August31 (Application deadline)
  • Round 2 Deadlines

    Important Date: November30 (Application deadline)
  • Round 3 Deadlines

    Important Date: April30 (Application deadline)

Melbourne Business School Exam Scores

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Graduate
GRE-310--
GMAT695---
Language Proficiency
TOEFL-102--
IELTS-7--

Attendance Cost

₹3,181,920

attendance cost

The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees

Tuition fees
Undergraduate Programs
₹3,271,923 / Year
Post Graduate Program
₹3,181,920 / Year
On Campus
Cost of Living
₹1,357,430 / Year

Melbourne Business School Campus Location


+61-3-9349-8400
Telephone
200 Leicester St, Carlton VIC 3053
Address

Nearby This Campus

  • Bus Station
  • Airport
  • Hospital
  • Book Store
  • Pharmacy
  • Shopping Mall

Bus Station

Melbourne University0.10 km
Melbourne University - Grattan St0.17 km
Melbourne University - Grattan St0.22 km
Lincoln Square0.27 km
Show More

Hospital

The Royal Melbourne Hospital0.51 km
Frances Perry House - Maternity Hospital0.58 km
Swanston Street Medical Centre1.44 km
St Vincent's Private Hospital1.49 km
Show More

Pharmacy

Demarte's Amcal Chemist0.72 km
Priceline Franklin St (Melbourne)0.74 km
Nova Pharmacy1.10 km
David Nolte Pharmacy1.71 km
Show More

Airport

Helipad Royal Melbourne Hospital0.50 km
Vedaleon Technologies1.08 km
Jet Airways1.42 km
Aviation Projects1.76 km
Show More

Book Store

Readings Carlton0.64 km
Chemistry in Australia0.68 km
Elgin Lotto & Tobacconist0.76 km
Readings State Library1.03 km
Show More

Shopping Mall

Melbourne Central1.01 km
Emporium Melbourne1.24 km
Target Centre Melbourne1.37 km
Melbourne's GPO1.38 km
Show More

● All distance are measured radially. Actual distance may vary

Comments


2 Comments
M
muralidharan
when will the response be from your end
K
Karan Gupta

Our counselor will connect with you very soon.

N
naga amrutha menta
I need to study in online mode is this possible ?
K
Karan Gupta

Yes, MBS provides an online MBA program for their distant students. You can check here for information.


- No More Comments -

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