University of Melbourne Scholarships 2025: Amount and Eligibility

• No, I didn't receive any scholarship during my course.
• It was really, really hard to get any scholarship from Unimelb, and a select few scholars could get 10-15K AUD scholarships with almost perfect grades.
• On average, 1 student per 1000 students must have gotten a scholarship, and it was really unheard of that people were getting scholarships. I met only one person who had a Chancellor's scholarship, which was approx. 20K AUD but he had perfect grades since high school so the chances are bleak.

• In the lectures, the main teacher/lecturer would teach a class of 400 but in tutorials, the faculty-to-student ratio was 1:15. It provided both kinds of education modes and provided comfort to a student with both modes.
• The course content and teaching approach are sufficient to prepare one for securing a job in one's field but the fact is, it depends on the person and their dedication, which really determines if they secure a job.
• If you have developed a personal bond with any faculty member, then they might use personal networks to help you find a job, but officially, they do not help with this.
• Some lecturers were very practical and gave us practical industry insights which made them stand out.

• Facebook marketplace. Do not go for campus housing, it is more than triple apartment cost.

• Yes, scholarships for masters of management are auto-granted; there are no separate applications. The Business and Economics Graduate Scholarship is offered to students enrolled in a graduate coursework degree with the Faculty of Business and Economics in recognition of their academic achievements. There are two types: 25% and 50%.
• I received a 25% merit-based scholarship and so have 5 of my friends, and I know of 2 people who have a 50% scholarship as well.
• This % is cut from the fees each semester before the semester's invoice is sent, so it is a discount, not money given back later.
• No disclosure is given for how many students, on average, receive scholarships each year, but the typical award amount is 25%.

• I live on campus—I used the university website to find the options, and based on online information like reddit and the accommodation website, I made my choice.
• Rent is AUD 2500 per month. It's expensive, as I live in a studio, but electricity, water and Wi-Fi are included.
• I did not face any challenges to secure accommodations. You just fill out a form and pay an application fee, and then they send an email if you are accepted or rejected. The key is applying early as soon as you get your COE, as spots book fast.
• My accommodation is directly across campus; it takes about 2 minutes to get there. Most Indian students stay at any of the Unilodge buildings in Carlton.

• Finding the first place to say it is again a hard thing, and I would say it's probably one of the hardest tasks.
• Since you would be new to the place without any rental history, plus it's a tedious process of first applying, then inspecting, followed by quoting a rent, and finally getting a place.
• The best recommendation I would offer anyone is to look out for student housing and student accommodation just until you're settled, after which you can find a place by yourself or make a couple of friends and move in together.

• UniMelb offers a few on-campus accommodation options and they are excellent options especially if you want to get the vibe of a campus accommodation; however, they are a bit on the expensive side.
• Typically the easiest way to find off-campus accommodation is through websites such as flatmates.com.au or realestate.com.au.

• I had a relatively easy process of obtaining an accommodation as my friends had arrived a bit earlier than me and with the help of his aunt, we were able to secure a rentable property.
• It is usually recommended to search for the accommodation as soon as you get an offer letter (as the student accommodation availability is limited and getting a rentable property is really hard).
• There are some pros and cons for each accommodation facility, as commuting is easier with student accommodations, whereas the rent is relatively cheaper in a house in the suburbs but transportation is quite hard.
• There are a lot of platforms online (real estate, etc ...) and agents can also be contacted to find suitable accommodation based on the student's needs.

• I was fortunate to receive two prestigious scholarships from the University of Melbourne. The first was the Business and Economics Scholarship, a one-off grant of $10,000, awarded to recognize academic excellence and potential in the field. The second was the Graduate Scholarship, which provided a 25% reduction in my regular tuition fees, reflecting my strong academic performance and commitment to furthering my education.
• These scholarships are highly competitive, and approximately 20% of students in my cohort received either one or both of these awards. It was an honor to be among the recipients, as it validated my dedication to academics and professional growth while also easing the financial burden of pursuing a world-class education.

• We’ve got a few websites/mobile apps here that may facilitate the search process (such as Flatmates and Facebook Marketplace). You usually get in touch with the agent and book an inspection, and have your local friends here inspect the property to confirm if it's as good as they show in the photos.
• The monthly rent in the CBD ranges between $1200 and $1800, but suburbs like Brunswick and St. Kilda are quite cheaper. The accommodation I live in does not have air conditioning (like most of the other student accommodations here). It is quite challenging to find a place to live here. The place I live is only 50 meters from the Parkville campus.

In received the MBS scholarship. For this particular scholarship, I did not have to apply. Every student is considered for this scholarship if they are admitted into the program. There were other scholarships as well which required applications. However, as far as I recall, you can't combine scholarships. IMPORTANT: THE DEADLINE FOR THESE SCHOLARSHIPS IS USUALLY THE END OF ROUND 1 (November). GMAT is the biggest criteria for getting the MBS Scholarship. Higher scores ensure better scholarship. If your profile is good and if you have other offers, you can easily negotiate for a bigger scholarship.

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.

If you are looking for research then Unimel is one of the best, but from my experience, the syllabus is good which would make you an extrovert but it feels a bit of repetition.

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.