Last Updated on August 28, 2023
Change the way you think about business with an MBA designed for maximum career impact.
Our Full-time MBA attracts students from across the world, who want a challenging and practical experience in the heart of Australia’s most vibrant city.
Designed with a focus on practical skills for any business application, our Full-time MBA is ranked best in Australia by The Economist and offers a breadth of knowledge, tools and opportunities to apply what you learn in a real-world setting.
You can choose to study over two years, embracing the full MBA experience and allowing more time for internships and exchange opportunities, or fast-track to get back to your career sooner.
#1 MBA in Australia
Melbourne Business School
The Economist, 2021
#1 University in Australia
The University of Melbourne
People come to Melbourne Business School because they want to study with the best.
We attract some of the brightest academics from around the world, who teach in class sizes much smaller than their colleagues overseas and are accessible to you throughout your studies.
Our campus is just four tram stops from the centre of Melbourne and has vibrant communal areas with accommodation available nearby.
We offer opportunities for self-development via a wide range of electives, co-curricular activities, and host regular industry networking events.
Subjects and Structure
Build leadership capability by developing your intrapersonal (self-awareness, self-management) and interpersonal (social awareness, social influence) skills.
You will explore theoretical concepts and perspectives alongside practical individual and group exercises to prepare you for the challenges of leading in a complex environment.
Gain the core skills to extract information from data in order to understand business processes and make better managerial decisions.
You will learn quantitative analysis, analytical thinking and ways to measure and improve performance, which will build a framework for solving complex business problems and the foundation for advanced MBA subjects.
Acquire the analytical skills to identify, diagnose and solve people-related challenges in organisations.
You will use tools to examine different theoretical concepts and perspectives that underlie behaviour to improve organisational, group and individual outcomes in a practical manner.
Discover the economic principles that underlie nearly all business functions, including finance, marketing, negotiations, accounting and strategy.
You will discover tools and ways of thinking for assessing and evaluating different business options, understanding competition and different market structures, pricing new products, and negotiating winning deals.
Take part in an intense, week‐long introduction to the concepts and techniques for innovating in small and large firms.
You will harness your creativity and lateral thinking for a hands-on team project where you will plan, strategise and develop an entrepreneurial business idea to then pitch to a panel of industry judges.
Managerial Ethics and the Business Environment
Find out how the societal context affects organisations and their strategies, as well as why managerial ethical problems frequently arise in the business context.
You will learn to evaluate business decisions by considering various stakeholders – appraising an organisation’s obligation to them – and the moral reasoning frameworks that can help you be more aware of ethical pitfalls in a reflective and deliberate fashion.
Learn to interpret and analyse financial statements in order to extract useful information for better decision-making and assessing the financial health of an organisation.
Accounting is the “language of business”, and what you learn in this subject is essential for successfully completing other MBA subjects such as Finance, Business Strategy and Mergers and Acquisitions.
Establish a solid foundation for valuing financial assets and selecting and managing investment projects.
You will discover how to manage a firm to increase the wealth of shareholders, subject to fulfilling contractual and legal obligations to relevant stakeholders.
Learn to manage market demand using proven demand‐side strategies.
You will learn to recognise, create, grow and protect market‐based assets that influence demand and how marketing investments help develop and translate market‐based assets into outcomes that ensure an organisation’s long‐term survival and success.
Discover the tools and frameworks to understand the role that the operations function plays in a firm’s ability to compete effectively in the marketplace.
You will focus on the design, management and continuous improvement of the business processes that help firms exceed customer expectations along measures such as cost, quality, flexibility and innovation.
Explore the challenges of various well-known businesses and discover the frameworks that will allow you to understand and explain what strategy is and how strategy is optimised.
You will learn to diagnose and solve strategic business problems, organise the roles of values, clearly articulate the purpose for a strategy and plan against disruption.
Business in Complex Environments (Capstone)
Work in a syndicate group to complete a business simulation in which you manage a company.
The simulation requires you to apply and integrate the knowledge, skills and attributes that you have learned and developed on the MBA program.
The program pace can be tailored to match your needs. Study over two years to enjoy the full MBA experience, taking advantage of exchange and internship opportunities, or fast-track your studies and get back to your career sooner. To find out more, download the Full-time MBA brochure.
Students will complete six elective subjects as part of the program. View all MBA Elective Subjects.
Broaden your global network beyond the diversity you’ll find in the Melbourne Business School classroom by studying part of your MBA in another country.
We have the world covered with a network of business school partners, offering unique MBA programs in 23 countries.
View the full list on our MBA Exchange Program page.
Want to take a deeper dive?
Download the brochure to find out more about studying a Full-time MBA at Melbourne Business School.DOWNLOAD BROCHURE
Meet With Us
Let us answer your questions face-to-face.
The best way to find out more about studying at Melbourne Business School is to speak with us. We can meet with you one-on-one at our Carlton Campus, or set up a video conference for an online face-to-face conversation.
We can assist you with information on subjects and study materials, campus life, funding your course or any other areas you might be interested in.
If you’re interested in studying at Melbourne Business School, please join us for an online information session or contact us to arrange a time that suits you.
Full-time MBA – Information Session
Thursday, 2 December, 8.00am – 9.00amThe best way to find out about our Full-time MBA is to meet with us. You will have the opportunity to hear from our alumni, as well as be able to ask questions about the program. Our Admissions staff will also be available to answer any other questions that you may have. If you are interested in any of our other degrees, please contact us. We look forward to welcoming you to the session.REGISTER
Career Management Centre
Our Personal Effectiveness Program will help you build the soft skills, knowledge and attributes you need to compete and succeed in every job market.Read more
By partnering with leading organisations, our Careers Management Centre can connect you to top-tier firms in Australia and around the world.Read more
Our career coaches will help you develop your job-hunting skills, maximise your future opportunities and increase your chances of success.Read more
The program fee for our Full-time MBA is $92,250. This covers all program costs and can be paid in instalments.
If you receive an offer of admission, a non-refundable deposit is required to hold your place. This deposit is offset against your first fee instalment after you accept your offer.
FEE-HELP is available for eligible Australian citizens and some permanent residents.
- Please budget approximately $650 for visas.
- You must also obtain medical insurance for the duration of your stay in Australia. The cost is approximately $1,428 (based on 2021 prices; more for a couple or family) and is paid with your first fee instalment.
We have a wide range of scholarships available to support your study at Melbourne Business School. Our scholarships encourage diversity, provide opportunity and reward talent.
You will automatically be considered for some scholarships when you apply, but for others you need to apply by a certain date.
For more information, visit our Scholarships page.
How to Apply
- Commence an application to become familiar with the application requirements
- Meet with us to find out more about the School and program.
- Review and submit your complete application by the application closing dates.
*Graduates of Australian/NZ universities who do not wish to apply for scholarships are not required to have a GMAT/GRE.
Shortlisted candidates for each round will be invited to attend a compulsory interview, which can be conducted in person or via ZOOM. The interview will last approximately 20 to 30 minutes.
A selection committee will make the final decision on each applicant to achieve a cohort that reflects gender balance and a diverse representation of industries, academic backgrounds and nationalities. Restrictions are also placed on the number of students from any one region.
Successful applicants will be notified via email. The offer may include the award of a scholarship.
Unsuccessful applications will not be reassessed in following rounds. We appreciate that considerable time and effort are required to complete an application, however we will not comment on specific factors that may have led to the selection committee’s final decision.
Closing dates for our September 2022 intake are as follows:
Early Round: 30 September 2021
Round 1: 30 November 2021
Round 2: 30 January 2022
Round 3: 31 March 2022
Round 4: 31 May 2022 (final off-shore international closing date)
Round 5: 30 June 2022
The deadline for all applications is 11.59pm AEST.
Late applications may be considered on a case-by-case basis. Please contact us for further advice.
Outcomes are advised approximately four weeks after the application closing date.
Entry to this program is highly competitive and meeting the minimum entry criteria does not guarantee an offer to the program.
- A good GMAT or GRE score – as a guide, recent students have achieved an average GMAT of 695 or higher.*
- An up-to-date CV showing at least two (2) years of professional experience.
- Official academic transcript (including any postgraduate academic transcripts)**
- Evidence of citizenship and residency(e.g. Passport, Birth certificate, Visa)**
- An excellent command of English, with a copy of your IELTS or TOEFL score*** if you are a non-native speaker.
- Four personal statements relating to your goals and how you can contribute to the program.
- The names and contact details of two (confidential) professional referees.
You are also welcome to supply additional information that you believe will strengthen your application. The School may also request additional information to assist the admission decision.
*Graduates of Australian/NZ universities who hold a bachelor’s degree, and do not wish to apply for scholarships, are not required to have a GMAT/GRE.
*Original or certified copies of these documents will be required if you are successful in gaining admission to the program.
**IELTS Academic test with a minimum score of 7.0 overall and with no individual band less than 6.5.
TOEFL iBT, with a minimum score of 102 (written score of 24+ and no individual score lower than 21)
PTE: English Academic PTE with a minimum score of 65 and no communicative skill below 65
- A good GMAT/GRE score*
- A university degree
- Two years’ work experience
- Two confidential professional referees
- English proficiency
For more information, visit our application FAQ’s page.
*Graduates of Australian/NZ universities who do not wish to apply for scholarships are not required to have a GMAT/GRE.
September 2022Round 1 applications close 30 November 2021