University of Melbourne MBA: Fees 2026, Deadlines & Eligibility

University of Melbourne MBA: Fees 2026, Deadlines & Eligibility

Melbourne, VictoriaLocation
UniversitySchool type
Estd1853established year
53000enrollment
Public
7.2/10

Master of Business Administration [MBA]

2 years
Full Time
On Campus

Field of Study

6.4 3 Reviews | Ranked #50 out of 650 by QS Global Ranking 2025

$84,269 /Yr

A$120,384 /Yr
1 Students Applied
Jasmine Grover's profile photo

Jasmine Grover

Study Abroad Expert | Updated on - Feb 12, 2026

The University of Melbourne MBA is a 2-year full-time program ranked #1 in Australia by QS Global MBA Rankings 2026 and #31 globally. Offered on the Parkville campus in Melbourne, this course attracts international students seeking practical business education with strong career outcomes. The program combines core business subjects with electives, internships, and exchange opportunities across 23 partner institutions worldwide.

University of Melbourne MBA Application Timeline & Deadlines

Applications for the September 2026 intake follow a rolling schedule with multiple rounds. Here are the exact deadlines:

Application Round Deadline Decision Timeline
Early Round 6 October 2025 Within 4 weeks of complete application
Round 1 1 December 2025 Within 4 weeks of complete application
Round 2 2 February 2026 Within 4 weeks of complete application
Round 3 30 March 2026 Within 4 weeks of complete application
Round 4 25 May 2026 Within 4 weeks of complete application
Round 5 27 July 2026 Within 4 weeks of complete application

All deadlines are 11:59 pm AEST. Shortlisted applicants attend a 20-30 minute interview (online or in-person). For Indian students, allow 4-6 weeks for student visa processing after receiving your offer.

Required Tests & Score Ranges

The MBA requires either GMAT or GRE scores, with recent students averaging GMAT 695 or higher. Applicants holding an Australian or New Zealand undergraduate degree and not applying for scholarships are exempt from this requirement.

Test Minimum Score Competitive Score
GMAT No official minimum 695+
GRE No official minimum Equivalent to GMAT 695+

Accepted English proficiency tests: IELTS (7.0 overall, 6.5 minimum per band), TOEFL iBT (91 overall), PTE Academic (72 overall), Cambridge C1 Advanced (178 overall).

Eligibility Criteria

To qualify for the University of Melbourne MBA, you must meet all of the following requirements:

  • Bachelor's degree from any discipline (3-year or 4-year degree accepted)
  • Minimum 2 years of documented professional work experience
  • GMAT/GRE score (unless you hold an Australian/NZ degree and aren't applying for scholarships)
  • English language proficiency as specified above

Application Requirements

Submit the following documents with your application:

  • Current CV highlighting professional experience
  • Four personal statements addressing your goals and contribution to the program
  • Official academic transcripts with grading schema for all completed and incomplete qualifications
  • Valid passport or citizenship/residency verification document
  • Names and contact details of two professional referees

Fees in INR

Currency Exchange Note: 1 AUD = ~64.1 INR (as of February 2026)

Annual Tuition Fee:

  • International students: AUD $120,384 (~₹77,18,630 INR annually)
  • Paid per module in advance

Additional mandatory costs for international students:

  • Student visa fee: AUD $2,300 (~₹1,47,430 INR)
  • Overseas Student Health Cover (OSHC): AUD 1,706−11,458 (~₹1,09,400 - ₹73,50,000 INR) depending on coverage type

Cost of Living for Indian Students

Melbourne's cost of living for international students averages AUD 1,700−2,700 monthly (~₹1,09,000 - ₹1,73,000 INR). Budget for:

  • Accommodation: AUD 600−1,700/month (~₹38,500 - ₹1,09,000 INR) for shared apartments or on-campus housing
  • Food & groceries: AUD 300−500/month (~₹19,200 - ₹32,000 INR) for self-catering
  • Transport: AUD 150−200/month (~₹9,600 - ₹12,800 INR) for public transport passes
  • Visa processing & documentation: AUD 500−1,000 (~₹32,000 - ₹64,000 INR) one-time

Placements

The average salary for MBA graduates (classes of 2023-2024) is AUD $119,000 (~₹76,28,000 INR) excluding superannuation. Graduates work across consulting, finance, technology, and healthcare sectors. Top recruiters include Bain & Co, BHP, Deloitte, and World Vision. The school's 17,000+ alumni network provides ongoing career support through the Personal Effectiveness Program and industry networking events.

Post-Study Work Visa

International MBA graduates are eligible for the Temporary Graduate Visa (subclass 485) allowing 3 years of work rights in Australia. Indian nationals specifically receive 3 years for master's coursework degrees under the Australia-India Economic Cooperation and Trade Agreement. The visa permits unlimited work hours during official course breaks and allows multiple entries/exits from Australia. You cannot extend this visa, but may apply for a Second Post-Higher Education Work stream visa if you work in a regional area. Pathways to permanent residency exist through skilled migration visas after gaining Australian work experience.

Scholarships for Indian Students

Melbourne Business School offers multiple scholarships for international students:

  • Ian Harper AO Scholarship for Excellence: Full tuition coverage for international students (closing 11 May 2026)
  • Helen Macpherson Smith Fellowship: AUD $30,000 (~₹19,23,000 INR) for all students (closing 18 May 2026)
  • MBS Scholarships: Varying amounts for merit-based applicants (open ongoing)
  • Clemenger BBDO Scholarship: AUD $50,000 (~₹32,05,000 INR) for marketing-focused students (closing 29 June 2026)

Automatic consideration occurs upon application; some scholarships require separate applications by specified dates.

The University of Melbourne MBA offers strong ROI for Indian students with competitive salaries, global career networks, and 3-year post-study work rights. Plan applications 3-4 months ahead to allow time for visa processing before the September intake.

FAQs

Ques: Can I work while studying the University of Melbourne MBA?

Ans: Yes. International students can work 48 hours per fortnight (every 14 days) during term time and unlimited hours during official course breaks. Work must be found independently; on-campus and off-campus employment are both permitted.

Ques: What is the total cost of the University of Melbourne MBA for Indian students?

Ans: Total 2-year cost is approximately AUD 240,768intuition( ₹15,43,61,260INR) plus living expenses of AUD40,800 - $64,800 (~₹26,18,400 - ₹41,57,440 INR), visa fees, and OSHC. Scholarships can significantly reduce tuition burden.

Ques: Do I need work experience to apply for the University of Melbourne MBA?

Ans: Yes. You must have minimum 2 years of documented professional work experience. The selection committee evaluates your career progression, industry background, and how your experience aligns with MBA learning outcomes.


Important Alert

  • Clemenger BBDO Scholarship Deadline - Mar 25, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees$84269 (AUD 120384)

Other Expenses

HeadAvg Cost Per Year
Living Expenses$14000 (AUD 20000)
Total Cost$14000 (AUD 20000)

Previous Year Tuition Fees

Year1st Year Fees
2025$39375 (AUD 56250)
2024$37328 (AUD 53325)
2021$34871 (AUD 49815)

Important Dates

EventApplication Date
Round 2 Application Deadline For 2026 Intake Feb 2, 2026
Clemenger BBDO Scholarship Deadline Mar 25, 2026
Round 3 Application Deadline For 2026 Intake Mar 30, 2026
Round 4 Application Deadline For 2026 Intake(off-shore) May 25, 2026
Round 5 Application Deadline For 2026 Intake(on-shore) Jul 27, 2026

Reviews


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58 Reviews Found

DT
7.3 /10

The admission process is simple:
1. Application: There is no fee to apply, unless you are shortlisted. After shortlist, you pay AUD100. I personally liked this since most B-schools charge $100 for applying.
2. GMAT/GRE: You need to get a competitive GMAT score. For Indians, anything above 700 should be fine. The higher you go, the better scholarship you will receive. There is no specific GMAT cutoff. The admission also depends on factors like application round, academics, previous experience, etc. 3. IELTS/PTE: Need a 6.5 or above in IELTS. This is basically a hygiene check. Pro Tip: If you have a high GMAT verbal, you can ask for IELTS waiver from the university. Although, after an admit, you will need to give IELTS for the visa process.
4. Interview: A single round of interview with the career services. It was a pretty casual conversation with basic behaviourial questions. The call was focused on setting realistic expectations from the MBA.

academic: 8/10
faculty: 10/10
accomodation: 8/10
placement: 8/10
extracurricular: 10/10

Scores Required

91 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

560 / 800

Avg. Score in

GMAT

72 / 90

Avg. Score in

PTE


Ranking

202520242023202220212020201920182017

QS World University logo
Business 50 out of 650 in Global Ranking
( #4 out of 31 in Australia 2025)
( #1 out of 31 in Australia 2025)

Times Higher Education logo
Business 40 out of 990 in Global Ranking
( #1 out of 35 in Australia 2025)

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TOP Scholarships

Scholarship nameAward amountEligibility
Clemenger BBDO Scholarship$50,000All Admitted Students
Ian Harper Scholarship for Excellence100% TuitionInternational Student Visa Students

Programs Comparison

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# 50 for Business by QS World University 2025
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# 77 for Business by QS World University 2025
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# 99 for Business by QS World University 2026
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# 151 for Business by QS World University 2026
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--# 33 for Business by QS World University 2025
# 98 for Business by Times Higher Education 2025
# 1 for Business by QS World University 2025
# 6 for Business by US News 2025
# 7 for Business by Times Higher Education 2025
exam scoresGMAT - 560/800IELTS - 7/9PTE - 72/90TOEFL - 91/120GMAT - 600/800IELTS - 7/9PTE - 68/90TOEFL - 96/120IELTS - 6.5/9PTE - 58/90TOEFL - 79/120IELTS - 7/9TOEFL - 93/120GMAT - 550/800IELTS - 6.5/9PTE - 64/90TOEFL - 87/120GMAT - 550/800IELTS - 6.5/9PTE - 58/90TOEFL - 79/120IELTS - 6.5/9GMAT - 560/800IELTS - 7/9PTE - 72/90TOEFL - 91/120Duolingo - 120/160GMAT - 600/800IELTS - 6.5/9TOEFL - 92/120-IELTS - 7/9PTE - 64/90TOEFL - 94/120Duolingo - 145/160GMAT - 730/800GRE - 326/340IELTS - 7.5/9PTE - 75/90TOEFL - 109/120
documents required#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose
application datesDec 1, 2025 (Round 1 Application Deadline For 2026 Intake)
Feb 2, 2026 (Round 2 Application Deadline For 2026 Intake)
Mar 25, 2026 (Clemenger BBDO Scholarship Deadline)
Mar 30, 2026 (Round 3 Application Deadline For 2026 Intake)
May 25, 2026 (Round 4 Application Deadline For 2026 Intake(off-shore))
Jul 27, 2026 (Round 5 Application Deadline For 2026 Intake(on-shore))
Nov 2, 2025 (Round 5 Application Deadline For 2026 Intake)
Dec 7, 2025 (Round 6 Application Deadline For 2026 Intake)
Jan 26, 2026 (Round 7 Application Deadline For 2026 Intake)
-May 15, 2026 (First Application Deadline For Fall 2026 Intake)
Feb 11, 2026 (First Application Deadline For Fall 2026 Intake)
Nov 30, 2025 (Semester 1 Application Deadline for 2026 Intake)
May 31, 2026 (Semester 2 Application Deadline for 2026 Intake)
Mar 2, 2026 (Semester 1 classes begin Date)
Mar 4, 2026 (Semester 1 Application Deadline For 2026 Intake)
Mar 6, 2026 (Semester 1 Acceptance Deadline for 2026 Intake)
-Dec 1, 2025 (Round 1 Application Deadline For 2026 Intake)
Feb 2, 2026 (Round 2 Application Deadline For 2026 Intake)
Mar 25, 2026 (Clemenger BBDO Scholarship Deadline)
Mar 30, 2026 (Round 3 Application Deadline For 2026 Intake)
May 25, 2026 (Round 4 Application Deadline For 2026 Intake(off-shore))
Jul 27, 2026 (Round 5 Application Deadline For 2026 Intake(on-shore))
Mar 30, 2026 (Registration deadline For April 2026 intake)
Jun 22, 2026 (Registration deadline For July 2026 intake)
Sep 28, 2026 (Registration deadline For October 2026 intake)
Dec 14, 2026 (Registration deadline For January 2027 intake)
Mar 16, 2026 (Application Deadline For April 2026 intake)
Jun 8, 2026 (Application Deadline For July 2026 intake)
Sep 7, 2026 (Application Deadline For October 2026 intake)
Dec 2, 2026 (Application Deadline For January 2027 intake)
-Nov 6, 2025 (Application Deadline for Term 3 Grouped round 1 2026 Intake)
Dec 25, 2025 (Application Deadline for Term 3 Grouped round 2 2026 Intake)
Feb 12, 2026 (Application Deadline for Term 3 Grouped round 3 2026 Intake)
Sep 3, 2025 (Round 1 Application Deadline for Fall 2028 Intake)
Dec 10, 2025 (Round 1 Application Decision for Fall 2028 Intake)
Jan 5, 2026 (Round 2 Application Deadline for Fall 2028 Intake)
Mar 25, 2026 (Round 2 Application Decision for Fall 2028 Intake)
cost to study-Total Cost (Tuition + Living) -USD 59223.5Total Cost (Tuition + Living) -USD 80528--Total Cost (Tuition + Living) -USD 56448Total Cost (Tuition + Living) -USD 35280-Total Cost (Tuition + Living) -USD 9135--Total Cost (Tuition + Living) -USD 62375.6
application----------# 46 Admissions
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College Student Profiles

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ProgramDelivery TypeDurationProgram TypeTuition Fees
Master of Business Administration [M.B.A]/Master of Marketingfull time2 yearson-campus, dual_degree$37452.8

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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
MSD International Scholarships 2020Scholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
Melbourne Graduate Research ScholarshipsScholarship per student$ 94,500/Yr$135,000Level Of StudyDoctorateTypeCollege-Specific
Bharat Petroleum ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
FINCAD Women in Finance ScholarshipScholarship per student$ 14,000/Yr$20,000Level Of StudyMasterTypeMerit-Based
Axol Science ScholarshipScholarship per student$ 1,400/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored
Business Administration ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based

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