Full-time MBA
Australia's top-ranked MBA in an immersive format that will develop your full potential to succeed.
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 Financial Times 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 or accelerate your pace to move through your subjects quicker allowing more time for internships, exchange opportunities and career development.
#1 MBA in Australia
Melbourne Business School
QS Global MBA Rankings, 2024
#1 University in Australia
Times Higher Education, 2023
Student Experience
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.
Success Stories
"Studying an MBA gave me a lot of knowledge, but more than that, it built me into a more competent person. It gave me confidence and changed my presence."SUSAN YANG
"My cohort of students came from 21 different countries. It's probably the most diverse class you could get for an MBA program."AMARACHI NNAH-OGBONDA
"I wanted to move abroad to get a more international experience because it opens your perspective, and I attribute a lot of my success to it."AMIR SANDLER
Subjects and Structure
Core Subjects
Leadership
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.
Data Analysis
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.
Managing People
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.
Managerial Economics
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.
Innovation Bootcamp
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.
Financial Accounting
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.
Finance
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.
Marketing
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.
Immersive Business Experience
Students gain practical experience by working in teams in leading partner organisations to solve real business problems. Each project integrates academic learning with the practical challenges of applying your studies in a real organisation.
Operations
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.
Business Strategy
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.
MBA Capstone (6.25 = 0.5 subject)
In this final subject, you will revisit and consolidate the learnings from throughout your MBA journey as you prepare for what lies ahead in your career.
As you reflect on your MBA experience, we’ll look ahead to your future career aspirations, commitments, and transitions. This will serve as an opportunity to engage in extensive personal reflection and will provide you with tools to help navigate your career as it unfolds over the coming years.
(This subject marks the completion of your MBA.)
Flexible Length
The program pace can be tailored to match your needs. Study over two years embracing the full MBA experience or accelerate your pace to move through your subjects quicker allowing more time for internships, exchange opportunities and career development. To find out more, download the Full-time MBA brochure.
Elective Subjects
Students will complete six elective subjects as part of the program. View all MBA Elective Subjects.
Exchange Program
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.
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 schedule a video conference at a time that suits you.
We can assist you with information on subjects and study materials, campus life, funding your course as well as guide you through your application.
If you're interested in studying at Melbourne Business School, please join us for an information session or contact us to arrange a time that suits you.
Career Services
Our Personal Effectiveness Program will help you build the soft skills, knowledge and attributes you need to compete and succeed in every job market.
By partnering with leading organisations, our Career Services can connect you to top-tier firms in Australia and around the world.
Our career coaches will help you develop your job-hunting skills, maximise your future opportunities and increase your chances of success.
Investment
Program Fee
The program fee for our 2024 Full-time MBA is AUD $106,650. This covers all program costs for the two years and can be paid in instalments.
If you receive an offer of admission, a deposit is required to hold your place. This deposit is offset against your first fee instalment after you accept your offer.
FEE-HELP
FEE-HELP is available for eligible Australian citizens and some permanent residents.
Other Costs
International students:
- Please budget for Study visa fees and charges.
You must also obtain Overseas Student Health Cover (OSHC) for the duration of your stay in Australia. Melbourne Business School has selected a preferred OSHC provider. Payment is required as part of the acceptance process.
The costs are:
- AUD $1,591* (Singles cover)
- AUD $5,812* (Couples/Single Parent cover)
- AUD $9,779* (Family cover)
*premiums quoted as at 30 June 2023.
Scholarships
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.
When you apply for specific programs, you will automatically be considered for the scholarships available for that program. There are however certain scholarships where you need to make a separate application by a certain date.
For more information, visit our Scholarships page.
Fellowships
The Melbourne Business School Centre for Sustainability and Business is delighted to announce that it will be seeking expressions of interest for our student fellowships.
For more information, visit the Centre for Sustainability and Business.
How to Apply
Application Process
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.
Interview
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.
Outcome
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.
Application Deadlines
Closing dates for our September 2024 intake are as follows:
Early Round: 25 September 2023
Round 1: 20 November 2023
Round 2: 29 January 2024
Round 3: 25 March 2024
Round 4: 20 May 2024 (final off-shore international closing date)
Round 5: 1 July 2024
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.
Application Requirements
Entry to this program is highly competitive and meeting the minimum entry criteria does not guarantee an offer to the program.
- A good GMAT/GMAT Focus 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.
It is a university requirement that applicants provide evidence that they meet the published entry requirements. Uncertified documentation does not provide this evidence; however we accept uncertified documents for the purpose of selection, and reserve the right to request your original certified documentation at any time.
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.
The Australian Department of Home Affairs is responsible for issuing visas for entry to Australia. Please refer to the department's immigration and citizenship webpages for information about visas.
*Applicants who hold an undergraduate degree from an Australian/NZ university 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: Overall score minimum of 65, with writing skills of minimum 65 and no other communicative skill below 50
Entry Requirements
- A good GMAT/GMAT Focus/GRE score*
- An undergraduate degree
- Two years' work experience
- Two confidential professional referees
- English proficiency
For more information, visit our application FAQ's page.
*Applicants who hold an undergraduate degree from an Australian/NZ university and do not wish to apply for scholarships, are not required to have a GMAT/GRE.
Apply Now
Program Enquiry
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or call us on +61 3 9349 8200 or email mba@mbs.edu. Read our Privacy Policy.
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