monash university mba: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Monash University MBA Fees, Eligibility, Admission & Deadlines

Melbourne, VictoriaLocation
UniversitySchool type
Estd1958established year
49728enrollment
Public
Partner [11 Courses]
7.3/10

Master of Business Administration [M.B.A]

2 years
Full Time
On Campus

Field of Study

7.5 1 Review | Ranked #44 out of 1502 by THE Global Ranking 2023

$49,985 /Yr

A$76,900 /Yr
1 Students Applied
1 Students Admitted

Tuition Fees

Year1st Year Fees
Tuition Fees$49985 (AUD 76900)

Other Expenses

HeadAvg Cost Per Year
Housing$10296 (AUD 15840)
Health Insurance$480 (AUD 738)

Per Credit Cost: $1602

Previous Year Tuition Fees

Year1st Year Fees
2021$19734 (AUD 30360)

Important Dates

The MBA course commences in February 2026. We recommend applying early for the best chance of admission.

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45 Reviews Found

N
7.5 /10

I have prepared ILETs first from the ptk coaching institute there my teachers prepared me for the coaching and then I finally pass the IELTS exam and then I got the chance to get admission in this institution.

academic: 7/10
faculty: 7/10
infrastructure: 7/10
accomodation: 8/10
placement: 8/10
extracurricular: 8/10

- Students must complete 72 credit points to graduate within 18 months.

- Five years of experience is also required.

- No GRE/GMAT score is required.


Eligibility & Entry Requirement

School

Monash Business School

Academic Requirement

A bachelor’s degree or equivalent qualification and a minimum of five years of work experience in a professional setting

English Language Requirements

  • TOEFL(iBT) 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21
  • IELTS 6.5 Overall score, with minimum scores 6.0 in each section.
  • PTE 58 Overall score, with minimum scores of 50 in each section.

Application link

Application link

Total Credits

72

Course Duration 

18 months

Application Fee

Non-refundable $125

Documents Required

  • Online application
  • Non-refundable application fee
  • Transcripts
  • English requirement scores
  • Resume
  • Copy of passport
  • Personal Statement
  • 2 Professional References
  • Interview

Scores Required

79 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

58 / 90

Avg. Score in

PTE

125

Application Fees

72

ECTS Credits

IELTS (Academic): 6.5 Overall scores, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0, and Speaking 6.0

PTE (Academic): 58 Overall scores, with minimum scores: Listening 50, Reading 50, Speaking 50, and Writing 50

TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21


Ranking

202520242023202220212020201920182017

QS World University logo
Business 77 out of 650 in Global Ranking
( #7 out of 31 in Australia 2025)

Do you think the Rankings are wrong ?  Report Here

TOP Scholarships

Scholarship nameAward amountEligibility
Dean Study Grant$10,000All Admitted Students

Programs Comparison

ranking# 77 for Business by QS World University 2025
# 44 for Business by Times Higher Education 2023
# 81 for Business by QS World University 2025
# 53 for Business by Times Higher Education 2023
# 301 for Business by QS World University 2025
# 251 for Business by Times Higher Education 2023
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application# 40 % Acceptance Rate
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exam scoresIELTS - 6.5/9PTE - 58/90TOEFL - 79/120IELTS - 6.5/9PTE - 64/90TOEFL - 87/120IELTS - 6.5/9PTE - 56/90TOEFL - 79/120-
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
application dates-May 31, 2025 (Semester 2 Application Deadline for 2026 Intake)
Nov 30, 2025 (Semester 1 Application Deadline for 2026 Intake)
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why to opt?-

The MBA will prepare you for the next step in your career – whether that's a promotion, transitioning industries or starting your own business.


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Admission Criteria/Better to Have-
  • Four years full-time work experience post-graduation, including at least two of the four years in a dedicated management role
  • Bachelor degree or equivalent with a GPA of at least 4.50 on a 7-point scale
  • OR Graduate Diploma in Business Administration from UQ or equivalent with a GPA of at least 4.50 on a 7-point scale 
  • International applicants must complete the Graduate Management Admissions Test (GMAT) with a minimum score of 550

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cost to study-Total Cost (Tuition + Living) -USD 55021.2--
-Read Full ComparisonRead Full ComparisonRead Full Comparison


College Student Profiles

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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Monash International Leadership ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Monash International Merit ScholarshipScholarship per student$ 32,500/Yr$50,000Level Of StudyBachelorTypeCollege-Specific
FINCAD Women in Finance ScholarshipScholarship per student$ 13,000/Yr$20,000Level Of StudyMasterTypeMerit-Based
VueVille Future Technology ScholarshipScholarship per student$ 650/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Destination Australia ScholarshipScholarship per student$ 9,750/Yr$15,000Level Of StudyBachelorTypeEasy-to-Apply
QS Leadership ScholarshipScholarship per student$ 6,500/Yr$10,000Level Of StudyMasterTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Semester 1 (March) (1st Mar 2025)
USD 33,475 /Yr
AUD 51,500 /Yr
  • TOEFL: 79
  • IELTS: 6.5
  • PTE: 58
  • GRE: 304

Do you think the Dates are wrong ?  Report Here

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Important Dates