Last Updated on August 28, 2023
Deakin’s online MBA is ranked number 15 in the world – and the best in Victoria for the third consecutive year – in the international university rankings published by the prestigious QS Quacquarelli Symonds”.Duration: 1.5 yearsFormats: In-person, Online
Deakin’s distinctive business administration course is one of Australia’s premier business education programs.
For over 30 years, the Deakin MBA has been offering relevant skills, contemporary knowledge, and real experience, while developing the business leaders of tomorrow.
The Deakin MBA is rated 5 stars by QS and is internationally recognized and EPAS accredited by the European Foundation for Management Development. Deakin’s online MBA is ranked number 15 in the world – and the best in Victoria for the third consecutive year – in the international university rankings published by the prestigious QS Quacquarelli Symonds”
Deakin online MBA ranked in world’s top 20
News Article 23 Apr 2020
Latest QS rankings confirm Deakin’s online MBA is a world-class program that provides a world-leading learning experience.
Deakin’s MBA has moved up four places to be ranked 20th in the World in the QS Online MBA rankings 2020. Significantly, Deakin’s program ranked equal first for Classroom Experience, scoring a perfect 100 in this component of the ranking. It is ranked second in Australia and number 1 in Victoria.
Program director Dr Andrea North-Samardzic said of the news, “We’re very pleased with these results because they reflect the sustained effort made by our entire MBA team to develop and deliver a program that provides the best possible learning experience.
“We draw on a lot of experience and put in a lot of work to create high levels of interaction within the class group, using active live case studies with our industry partners and our unit leaders are highly engaged and available. We see our students networking and making new connections just as if it were a face to face program.
“With course content that deals with contemporary business issues and teaching that taps into the best of practitioner and academic domains, we make sure the program is highly relevant for current and future business leaders.
“We’re always looking to improve and innovate and just in the past two years, Deakin has invested a substantial amount of resources into making the online learning experience one of the best in the world. We are leading the world in terms of the classroom experience, and have been acknowledged as one of the best overall in Australia and the rest of the world. The future looks very bright.”
Deakin Business school offers a broad range of business disciplines through its six main departments – accounting, economics, finance, information system and business analytics, management and marketing. The school affiliated with Deakin University follows a rolling admission policy. Prospective candidates can therefore apply any time of the year either directly through Deakin’s online application portal or via authorised agents. Students need to pay an application fee of 55 AUD and submit copies of academic qualifications and ELP such as IELTS score of 6.5.
Deakin Business School has been ranked as follows:
- #26 under the QS top 50 under 50(under 50 years old) ranking
- #7 in Australia for its MBA program.
- #21-26 in Asia-Pacific Ranking for their MBA program.
- #151-200 as per QS global ranking 2021.
- Deakin Business Schools’ online mode was the best in Australia as per the QS ranking in 2021.
- #17 among the world’s best universities for their online mode as per QS rankings
- #8 with an overall score of 35.8 for their full-time MBA program as per QS Global MBA Rankings: Oceania 2021.
University Type Public
Campus Setting Urban
Full time and permanent faculty members 63
Online Degrees Available
Scholarships Through grants and awards
Overseas part-time exchange programs available for part-time students Yes
On-campus housing for international students Available
Number of Business disciplines 29
Part-time Study Available
Proficiency in English Required through TOEFL or IELTS
Business Internships Available
Part-Time Work and study at university Available
Admission Helpdesk [email protected] or +61 3 9627 4877
College website deakin.edu.au/law
Deakin Business School Campus
Deakin University has four physical campuses located at Melbourne Burwood, Geelong Waurn Ponds, Geelong Waterfront, Warrnambool and a cloud campus. All campuses at Deakin University offer facilities such as a library, accommodation, student services, security, health and well-being, sports and fitness, child care, parking, shopping and food. Students enrolling into Deakins Business School will also have access to all these facilities.
The Melbourne Burwood Campus is the largest in terms of student population. It is also located 30 minutes away from Melbourne’s city centre.
The health and wellbeing facilities at the campuses include services such as medical centres,multi-faith rooms, counselling services, and disability support services to ensure the mental, physical and spiritual well being of their students and faculty members.
There are more than 120 extracurricular activities where their students can immerse themselves in clubs, sports, or societies.
Deakin Trading Room, IBM Center of Excellence and SAS Visual Analytics Collaboratory situated in the Melbourne Burswood Campus are also some facilities in DBS.
Deakin Business School Residence
Deakin Business school offers students on-campus housing which includes options such as a single studio apartment, two sharing, four sharing, six sharing, and ten-person shared unit. Single and mixed-gender housing options are also offered.
Each student will have their own furnished private bedrooms with free internet access.
The common shared spaces are equipped with kitchens, seating areas, pool tables, table tennis tables, a movie room, outdoor barbeque, rooftop terrace, landscaped gardens, study rooms, and multi recreational rooms.
The cost of rooms offered by Deakins Business School are as follows –
Room Type Number of Bathrooms Weekly Fee in AUD (includes rent, utilities, and programs)
Single studio apartment 1 326
Two-bedroom studio apartment 1 264
Four or six-bedroom shared apartment(A/C and non- A/C) 2 269
Five or six-bedroom shared apartment(A/C) 2 279
10 persons shared living unit(Burwood student village) 4 259
For those who choose to live off-campus, the Deakin’s HouseMe website provides a database of local housing facilities available for rent, near each Deakin Campus. There are plenty of off-campus student accommodation options in Australia like homestays, rentals and more.
Deakin Business School Programs
The Business School offers 27 undergraduate courses, 50 postgraduate courses, and 1 research program. The programs at Deakin Business School are offered through six academic departments in the fields of accounting, economics, finance, management, marketing and information systems, and business analytics.
Deakin business school functions like an Interbank FX Trading Room that provides practical learning and insights into the working of the foreign exchange market.
The School also provides a trading curriculum in a high-tech teaching space to undergraduate, postgraduate students with the help of advanced tools such as tickers, ASX and Bloomberg real feeds on the trading wall.
Deakin Business School Admission Process
International students planning to study at Deakins Business school can apply for admission directly or through an overseas representative. Before applying, prospective candidates should also check the application deadlines and entry requirements for each course mentioned on the respective program page.
Application Portal – Online
Application Fee- No fee in case of Online Application but physical application costs 55 AUD.
Certified academic transcripts
Copy of passport
Scores of English Proficiency Tests to Study in Australia
Letter of Recommendation
Work Experience if applicable
SOP for MBA in Australia(For those applying to MBA programs)
Note: However, students planning to apply to Deakins Business school for a higher degree by research cannot apply through the online application portal/
Students should also explore: Sample SOP of MBA in Australia
Deakin Business School Cost of Attendance
While calculating the cost of attendance, candidates should take into account their course fees and the average cost of living in Australia. The table below gives an approximate cost of course fees and general expenses:
Expenses Estimated Cost 2020-21 (UG) Estimated Cost 2020-21 (PG)
Tuition Fee 30,200 AUD- 38,400 AUD 30,200 – 73,000 AUD
Accommodation 90-440 AUD (per week) 90-440 AUD (per week)
Groceries and eating out 80-280 AUD (per week) 80-280 AUD (per week)
Gas and Electricity 35-140 AUD (per week) 35-140 AUD (per week)
Phone and Internet 20-55 AUD (per week) 20-55 AUD (per week)
Public transport 15-55 AUD (per week) 15-55 AUD (per week)
Car related expense 150-260 AUD (per week) 150-260 AUD (per week)
Gym Membership 30-100 AUD (per month) 30-100 AUD (per month)
Personal Expenses 25-130 AUD (per month) 25-130 AUD (per month)
Deakin Business School Financial Aid
Deakin University provides financial aid to international students in need through scholarships in Australia. Students who wish to be considered for a scholarship must apply for them during the time of admissions. The table below gives details of scholarship options, eligibility criteria and the amount awarded to international students:
Scholarship Name Eligibility Criteria Amount Awarded
Deakin Vice Chancellor’s International Scholarship Meet the eligibility for admission to Deakin University, Achieved an average of 85% in previous studies. 50% of tuition fee
Deakin International Scholarship Meet the eligibility for admission to Deakin University, Achieved an average of 65% in previous studies. 25% of tuition fee
Master of Business Administration Global Leader’s Scholarship Meet the eligibility criteria for the program, Meet English language proficiency. requirements. Not be selected for any other scholarship or bursary and Achieved a minimum average of 65 or above in recent education. 20% of total course cost
International Vice Chancellor’s Scholarship The applicant must be from a citizen/ resident South Asian country; Applicants must apply through Deakin authorized agents in their country. Applicants must have 85% in Class 12 CBSE/ ICSE/ State Board examination, Overall 10 or A-Level in GCSE. Passed an undergraduate degree with 80%. 100% of tuition fee
Deakin Indian Merit Scholarship Must be an Indian citizen and Must be a resident of India during application. The applicant must apply through the Deakin Authorized agent in India. An overall score of 75% in the undergraduate program, Passed class 12 with 80%. 25% of tuition fee
Deakin Business School Alumni
Deakins Business School has an extensive Alumni Network. They also become part of the overall Deakins University Alumni and enjoy benefits such as discounts and offers for bookshops, discounts for accommodation at Deakin Waurn Ponds Estate, Employment opportunities with partnered industries, Postgraduate Bursary scholarship offers 15% off the fee, Deakin Library Membership and the like. Some of the notable Alumni who graduated from Deakin Business school are
Parul Bhatia- Author of the book “My Foreign Master’s Degree”
Tom Allwright is the CEO and Founded of Adventure Abroad
Richard Colman is an athlete, Motivational speaker and coach.
Deakin Business School Placements
Deakins have several programs and resources to help students explore employment opportunities and equip them with skills and tools to achieve their dream career.
Deakin Explore features more than 1000 courses and careers that enable students to find the right course that will help them build a dream career.
At DeakinTalent, pupils will receive career counselling and attend workshop programs that will allow them to explore various career options, build skills and experience through career coaching and so on. This service is available even after graduation.
Students can search for casual/part-time jobs and internships while they are studying through DeakinTALENT and GradConnection GlobalJOBS boards.
Deakins business school also has a separate program for international students called DeakinTALENT International Student Careers (DISC) which helps in building marketability and networking skills and improve employment opportunities for overseas students.
The average salaries earned by some of the graduates of Deakins Business School are as under:
Job Areas Average Salary in AUD
Program and Project management 125,000
Finance Control and Strategy 108,000
Executive Management & change 98,000
Financial Services 97,000
Architecture, Design jobs 88,000
Compliance, AML, KYC and Monitoring 87,000
The university also equips the students in job search strategies by navigating various social media platforms including LinkedIn to ease the process of searching for a job/career. The counselling and advising are provided for effective documentation and interviews. All students have to go through career training to reach the market by keeping their best foot forward.