M.I.B at University Of Melbourne [UNIMELB], Melbourne Fees, Entry Requirement & Application Deadline

Master of International Business [M.I.B] From University of Melbourne

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

Master of International Business [M.I.B]

2 years
Full Time
On Campus

Field of Study

9.2 1 Review | Ranked #40 out of 990 by THE Global Ranking 2025

$37,045 /Yr

A$56,992 /Yr
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Collegedunia Team

Content Curator | Updated on - Oct 18, 2025

UniMelb M.I.B is a 2 years Full Time Master program. This program is offered On Campus. The first year fees for M.I.B at UniMelb is ₹ 33.05 Lakhs (AUD 56992). Earlier in 2024, the M.I.B Fee was ₹ 33.05 Lakhs (AUD 56992). This shows that the academic fees has remained the same.

According to Times Higher Education, UniMelb ranked 40 out of 990 in Global Ranking. Based on the student reviews at Collegedunia, the M.I.B program at UniMelb has received an average rating of 9.2 out of 10 from 1 review(s).

UniMelb M.I.B Total Fees 2025

The tuition fee for M.I.B at UniMelb is AUD 56992 per year (₹ 33.05 Lakhs). Meanwhile, the total cost is AUD 84812/Year (₹ 49.18 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for M.I.B at University of Melbourne is as follows:

Expense TypeAverage Cost (INR)Equivalent (AUD)
Tuition Fee₹ 33.05 LakhsAUD 56992

The other expenses for M.I.B at University of Melbourne is as follows:

Expense TypeAverage Cost (INR)Equivalent (AUD)
Accommodation ₹ 7.84 Lakhs AUD 13520
Food Cost ₹ 4.22 Lakhs AUD 7280
Transportation ₹ 90,464 AUD 1560
Other Living Expenses ₹ 3.17 Lakhs AUD 5460
Total Cost ₹ 16.13 Lakhs AUD 27820

M.I.B Tuition Fee Trends at UniMelb

UniMelb M.I.B Fees for Indian students is ₹ 33.05 Lakhs (AUD 56992). This academic fee has remained the same from 2024. Candidates can check the year on year trends in UniMelb Fees in the table below.

Academic YearTuition Fees (INR)Tuition Fees (AUD)
2025₹ 33.05 LakhsAUD 56992
2024₹ 33.05 LakhsAUD 56992
2021₹ 27.67 LakhsAUD 47712

UniMelb M.I.B Application Deadlines & Important Dates

The key dates for the application process for M.I.B at UniMelb include:

  • March 2026 intake Application Deadline is 30 September 2025
  • July 2026 intake Application Deadline is 28 February 2026

M.I.B at UniMelb Admission 2025

To be eligible for admission to M.I.B at UniMelb, applicants must meet specific academic and language requirements.

Academic Eligibility: 

  • Students must have a 4-year undergraduate degree in any discipline or its equivalent from a recognized institution.
  • A weighted average mark of at least H3 (65% – 2.3/4.0 or B+ average) from accredited institutions is required for unconditional admission.

Indian Student Eligibility:

  • Students must complete a 4-year undergraduate degree with first class in a relevant field from a recognized institution
  • Or, students completed a master's degree with first-class in a relevant field from a recognized institution.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.

UniMelb M.I.B Application Link

UniMelb M.I.B Application Link; Apply Here

M.I.B Fee Comparison

The fee comparison for similar programs like UniMelb M.I.B are:

UniversityProgramFirst Year Fees in AUDFirst Year Fees in INR
University of MelbourneM.S International RelationsAUD 44,992 /YrINR 26.1 L/Yr
Also Check:

Important Alert

  • July 2026 intake Application Deadline - Feb 28, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees$37045 (AUD 56992)

Other Expenses

HeadAvg Cost Per Year
Accommodation$8788 (AUD 13520)
Food Cost$4732 (AUD 7280)

Previous Year Tuition Fees

Year1st Year Fees
2024$37045 (AUD 56992)
2021$31013 (AUD 47712)

Important Dates

The application deadline for Semester 1 is 31 December.

EventApplication Date
March 2026 intake Application Deadline Sep 30, 2025
July 2026 intake Application Deadline Feb 28, 2026

Reviews


StreamDegree TypeStudent StatusNationalityBatchCourse (1)
Sort By :
Newest First

Commerce (8)
Sciences (7)
Engineering (5)
Accounting (4)
Arts (3)
Business (3)
Finance (3)
International Business (3)
Biotechnology (2)
Journalism (1)
Biology (1)
Communication Studies (1)
Information Technology (1)
Marketing (1)
Fine Arts (1)
Software Engineering (1)
Performing Arts (1)
Engineering Management (1)
Computer Science (1)
Biomedical Engineering (1)

58 Reviews Found

L
9.2 /10

I chose this university because of multiple factors: - Ranking - Teaching - Course structure I would say the overall experience is pretty good. I chose to do a Master of International Business because I feel it brings to the table a lot more with regards to the International aspect and adds a global perspective to all the subjects.

academic: 9/10
faculty: 9/10
infrastructure: 10/10
accomodation: 9/10
placement: 8/10
extracurricular: 10/10

Scores Required

79 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

64 / 90

Avg. Score in

PTE


Ranking

2023202120192018

Times Higher Education logo
International Business 34 out of 1502 in Global Ranking
( #1 out of 35 in Australia 2023)

Do you think the Rankings are wrong ?  Report Here

TOP Scholarships

Scholarship nameAward amountEligibility
Student Bursaries$1,000 - $10,000Have an academic status of Good Standing
Rao Family Bursary$1,000 - $3,000Be enrolled at the University of Melbourne



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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
MSD International Scholarships 2020Scholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
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FINCAD Women in Finance ScholarshipScholarship per student$ 13,000/Yr$20,000Level Of StudyMasterTypeMerit-Based
Axol Science ScholarshipScholarship per student$ 1,300/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored
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Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
March 2026 intake Application Deadline (30th Sep 2025)
July 2026 intake Application Deadline (28th Feb 2026)
USD 29,245 /Yr
AUD 44,992 /Yr
  • TOEFL: 79
  • IELTS: 6.5
  • PTE: 64

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