Melbourne Business School, initiating business education in Australia, is home to the country's first MBA. It offers over 12-degree programs including the best MBA in Australia along with marketing and business analytics degrees and executive education short courses in leadership and management. The institute has an average acceptance rate of 37% and students need to have a GPA of 3.5 or higher with an impressive overall academic profile for securing a place.
Students applying for full-time or part-time MBA must have an average GMAT score of 650+, a CV/resumé demonstrating two years’ work experience along with four personal statements. Recent admitted students achieved an average GMAT score of 695. Tuition fees for the MBA program at MBA is AUD 89,500 along with AUD 650 for visa application and AUD 1,300 for medical insurance. Accredited by the AACSB and EFMD, the school offers generous scholarships to study in Australia for international students. The school is open to all kinds of applicants (domestic, international, transfer) for the fall and spring semesters. Applications for the September intake of 2021 are open.
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Highlights
| Application Portal | Online Application |
| Application Fee | None |
| Acceptance Rate | 37% |
| Average GRE Score | 310 |
| Average GMAT Score | 695 |
| Mode of Payment | MasterCard/Visa/Discover/NetBanking/American Express |
| Academic Calendar | Based on Semester |
| Intake Sessions | Fall & Spring |
| Work Experience | Required for Graduate Applications |
| Financial Aid | Loans, Awards, and Financial Grants |
| Admissions Desk | admissions@mbs.edu; |
Top Programs at Melbourne Business School
MBS offers a range of programs including MBA, Master of Marketing, Master of Business Analytics, and Master of International Business along with short courses in Management, Leadership, Change Programs, Strategy Programs and other areas of study. Top Melbourne Business School courses include:
| Programs | Duration | Tuition Fee (AUD) | Deadlines | Entry Requirements |
|---|---|---|---|---|
| Master of Business Analytics | 1 Year | 55,000 | Round 2: 31 July Round 3: 30 September Round 4: 30 November |
Minimum weighted average mark (WAM) of 70%; Undergraduate degree with Mathematics/ Statistics/Actuarial Science as majors. |
| Master of Marketing | 2+ Years | 60,200 | September Intake Application deadline: 31 July January Intake Application deadline: 15 November |
A university degree; Two years' work experience; Two professional referees. |
| Full-time MBA | Up to 2 years | 89,500 | Round 5: 31 June 2021 | A university degree; Two years' work experience; Two professional referees; Four SOPs; GMAT: 650+. |
| Part-time MBA | 2+ Years | 77,400 | September Intake Application deadline: 31 July January Intake Application deadline: 15 November |
An undergraduate degree; Two years’ full-time work experience; GMAT score of 600 or above. |
| Executive MBA | 18 months | 103,500 | Round 2: 30 July Round 3: 30 September Round 4: 30 November | An undergraduate degree; A minimum of 5 years’ management experience; A record of professional achievement. |
| Senior Executive MBA | 18 months | 126,000 | Round 1: 30 July Round 2: 30 September Round 3: 30 November Round 4: 30 January | Undergraduate degree; 10 years of management experience. |
MBS International Student Admissions
Melbourne Business School welcomes international students from all over the globe. International students have to fulfill following requirements for successful admission at the school.
How to apply?
Application Portal: The international applicants can apply for admissions through the Online portal free of cost.
Basic Admission Requirements: MBS states the following requirements are mandatory for every international student.
- A Complete Application form (Online)
- A copy of undergraduate transcripts from the university/college
- GMAT Score of 650+
- English language proficiency results (scored mentioned in the next segment)
- An updated cumulative vitae
- Minimum 2 years of work experience
- Copy of the passport
- Personal Statement
- Contact details of professional referees
English Proficiency Test Scores
Melbourne Business School has kept it mandatory for every international student to pass an English language proficiency test like IELTS/ TOEFL with at least minimum scores mentioned below.
| Exams | Scores |
|---|---|
| PTE | 65 (communication skill above 65) |
| TOEFL (Internet-based) | 102 (written score 24+ and individual 21+) |
| IELTS | 7.0 (with no band below 6.5) |
Visa Process for International Students
- MBS provides the Certificate of Enrollment (CoE) to the student via delivery services or email after approving the application.
- After receiving enrollment form, students can apply for an Australian student visa via official government-run web handles.
- Students need to create an account on the Australian Immigration website to begin an application for a Visa.
- Documents required by the Australian embassy at the time of Visa appointment:
- Valid Passport
- OSHC Health Insurance
- Original Certificate of Enrollment
- Proof of Temporary Stay
Melbourne Business School Graduate Admissions
MBS offers around 13 Masters programs including Finance, Marketing, Actuarial Science, Enterprise, as well as two graduate diplomas in Economics and Actuarial Science. Applicants for MBS graduate programs must fulfill following requirements:
| Application | A complete online graduate application. |
|---|---|
| Application Fee | There is no application fee for domestic or international applicants |
| Minimum Undergraduate GPA | Minimum undergraduate GPA of 2.7 on a 4.0 scale. |
| Letters of Recommendation | At least 2 letters of referees |
| Application Essay | An essay or personal statement |
| Official Sealed Transcripts | Transcript showing bachelor’s degree conferred along with official transcripts from all regionally accredited institutions of higher education attended. |
| Cumulative Vitae | Updated cumulative vitae required |
| Additional Requirements | Names and contact details of all referees mentioned. |
The Melbourne Business School welcomingly accepts applicants of any religion, color, nationality, or caste seeking to study in Australia if they are eligible, step in the criteria, and possess the academic potential. For being a part of the Melbourne Business School, the application must include all the documents, proofs, requirements, and recommendations for getting enrolled with the school’s programs. The selection of an applicant is primarily based on the work experience and interview process.
FAQs
Ques. Why is it important to provide contact details of referees to Melbourne Business School?
Ans. Melbourne Business School requires referee details for verification of certificates and letters.
Ques. When will I receive my CoE from Melbourne Business School?
Ans. Melbourne Business School provides Certificate of Enrollment (via delivery or mail) after the application for admission gets accepted.
Ques. What is the fee for the application of a student’s visa at Melbourne Business School?
Ans. The fee for students visa application at Melbourne Business School is 620 AUD. Student can apply to a student’s visa at https://online.immi.gov.au/lusc/register
Ques. What are the English language requirements at MBS?
Ans. Melbourne Business School has a set of English language requirements which all applicants must meet. The minimum accepted scores include IELTS – 7.0 overall, with no band less than 6.5; TOEFL IBT – minimum score of 102, with a written score minimum of 24 and no individual score lower than 21 and PTE - English Academic PTE with a minimum score of 65 and no communicative skill below 65.
Ques. Do all students need to complete the GMAT at MBS?
Ans. The GMAT is only mandatory for applicants to the Full-time Master of Business Administration (MBA).
Ques. Who can certify my supporting documents?
Ans. Common titles of signatories accepted at MBS include University of Melbourne approved Overseas Representative, Justice of the Peace, Member of the Police Force, Legally qualified medical practitioner, Pharmacist, Manager of a Bank, Building Society or Credit Union, Marriage Celebrant (civil or religious) and Barrister, solicitor or a clerk to a barrister or solicitor.
Ques. I have a master’s degree. Is the General Management Program (GMP) appropriate for me?
Ans. GMP is like a Mini MBA. If your master’s was in a specific specialisation then yes GMP would certainly expand on your learning.
Ques. Do I need to supply my academic transcripts for admissions at MBS?
Ans. Yes, the academic transcripts must detail all the subjects undertaken throughout the degree and scores received for each subject. If your academic transcripts are in a language other than English, you are also required to submit a complete certified translation with the originals.
