Full-time MBA

One year to a world class MBA with Melbourne Business School's intense one year full-time MBA program.

The Melbourne MBA is an intense, integrative experience.

You'll gain deep knowledge in business functions like accounting, finance and marketing. And you'll acquire essential capabilities in managing people and making effective decisions in a rapidly moving, uncertain world.

Working with talented peers from a diverse range of industry, academic and cultural backgrounds - your cohort for life - you'll apply that knowledge to current business challenges, and learn how to lead people and organisations to success.

You'll learn from world-class faculty who consult to leading global organisations and publish their insights in the world's top journals.

And in this Asian Century, you'll gain direct exposure to the world's dynamic economies through a core module in China. 

MBS's flagship program has been ranked No.1 in the Asia Pacific region by The Economist, ‘Which MBA?’ Report 2010 and 2011, No.1 in Australia by AFR Boss Magazine 2008-2011 and among the best in the world by the Financial Times.
 

 

 
Course Length:
1 year
Program Ranking:
No.1 - AFR Boss Magazine (2011-2012)
No.38 - The Economist (2012)
No.62 - Financial Times (2013)
Cost:
$75,000
Class Size:
Approx. 40-60
Typical Class Profile:
22-28 years
Prerequisites:
- Preferably 2+ years work experience
- Undergraduate degree in any discipline
- GMAT
- Evidence of English proficiency may be required
Contact Hours:
38–40 hrs/week
Course Delivery:
​Full-time
Quick Links

​Program Structure and Subjects

Associated Faculty

Scholarships Support

Internships

International Exchange Schools

​Visa for International Students

Class Size

Selection Criteria

Application Process and Deadlines

Fees

​Living Costs

Information Sessions

Living in Melbourne

Why Choose MBS?

PROGRAM STRUCTURE AND SUBJECTS

Action Learning
Action Learning brings every aspect of the MBA to life, making lessons highly memorable and providing our students with invaluable experiences. It takes what you have learnt in the lecture theatre and applies it in real world situations via syndicate groups, internships, student clubs, case studies and course assignments.

Coaching and mentoring also play an important role to ensure you have direction on the immediate application of your learning.

Action Learning is at its peak with real business projects. These projects start with a briefing in Melbourne, progress through dealings with various organisations and culminate on the streets of China in the Business in Asia Study Project. All of this provides invaluable knowledge and experience that will prepare you to return to the work more equip.

Customise your course and your future
Melbourne Business School’s full-time MBA gives you the freedom to customise your program based on your aspirations. This includes optional paid internships, optional international exchange studies at more than 20 partnered business schools around the world, and electives in a range of areas such as marketing, finance, strategy, social impact and management to name a few.

Integrated Learning
Integrated learning will give you a more holistic view of business and a greater understanding of real problem solving in management.

Once a week, you, your classmates, faculty and members of the business community will come together for Integration Days. Here, business issues are viewed from different angles and addressed with real world applications. You will not only gain from the influences and opinions of your fellow students, but also from field visits, spirited student debates and passionate CEO presentations.

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ASSOCIATED FACULTY

The quality of teaching by faculty at Melbourne Business School is outstanding, with many academics ranked at the top of their field and recognised globally.

Melbourne Business School academics come from more than 14 countries. They are chosen for their reputation as scholars and researchers, their international expertise in education and business and for their skills as teachers. They are all driven by a passion to share their insights and create dynamic learning environments.
 
Melbourne Business School academics are sought after opinion leaders.

They conduct research, consult with high-profile businesses, non-profit organisations and government agencies, sit on boards and advisory committees and comment in the media. This ensures you are being taught by academics with up to the minute business knowledge and a focus on best practice.

SCHOLARSHIPS SUPPORT AT MELBOURNE BUSINESS SCHOOL

A generous range of scholarships are available to support full-time study of an MBA at Melbourne Business School. All successful MBA candidates are automatically considered for scholarship support and candidates will be notified of any scholarship support at the time of their application outcome.

There are four scholarship decision making rounds before each class and prospective students are advised that they will only be considered in two consecutive scholarship decision making rounds for an MBS Scholarship.

If additional application requirements are needed for a certain scholarship, details will be sent to qualifying candidates upon their acceptance into the program.

Click here to read more.

INTERNSHIPS
 
Melbourne Business School in conjunction with our Careers Partners is able to provide a selection of internships for our full-time MBA students.
 
Internships are one of the most valuable experiences for your learning and career aspirations as you work in organisations which allow you to apply your MBA studies and test your skills in a real-world business environment.
 
Careers Partners agree to provide internships that have strategic importance for their organisations and involve work at an appropriate MBA level to provide practical business experience. At these organisations you will be immersed within the organisation providing you valuable insight into their methods, processes and culture.
 
Many organisations providing internships will be looking at you as a prospective employee, so this is your time to shine. You will be provided a unique view of a potential employer, the chance to meet company executives and the opportunity to develop and extend your personal networks.
 
Internships are generally 8-12 weeks in duration, and can be taken anytime during the Internship and Electives Block Module. You will mostly be paid for your internship, but the amount paid depends on the organisation and sector involved.
 
Not-for-profit organisations provide internships to our students, which may not lead to full-time employment, but often provide strategically important projects highly valued by recruiting companies.
 
Internships are awarded to students though a competitive process, whereby you will apply and be interviewed for prospective roles. The internship process is facilitated through on and off-campus recruiting and is fully supported by the Melbourne Business School Careers team.
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INTERNATIONAL EXCHANGE SCHOOLS
 
All full-time MBA students are eligible to apply to participate in this program. Students continue to pay tuition fees to Melbourne Business School but are exempted from tuition fees at the host institution, unless notified of a different arrangement at the time of application. However, the extra costs associated with overseas study (travel, accommodation, health insurance) are borne by the student.

The program also attracts exchange students to Melbourne every year. Incoming exchange students work closely with their Melbourne colleagues in syndicate groups and join in class activities.

Click here to view a comprehensive list of international exchange schools.
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Visa for International Students

To study at Melbourne Business School, international students are required to obtain a student visa from an Australian embassy or consulate. The specific requirements associated with getting a student visa are determined by the ‘country/sector assessment level’ of the country of your citizenship, however, all applications will require, among other things, a letter of offer from Melbourne Business School and documents showing your financial support while at Melbourne Business School.
 
To receive a letter of offer from Melbourne Business School, candidates must complete and submit a successful application. It is recommended that you allow yourself ample time to obtain the appropriate visa from an Australian embassy or consulate. The process of issuing visas can be as long as 6 months in some instances. We therefore recommend international students apply to the program as early as possible.

For all visa and migration related questions please contact your local embassy or visit http://www.immi.gov.au/.
 
Successful applicants will be provided with further information regarding the student visa at the time of offer.
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Class SIZE
 
Up to 80 students per class with syndicates usually containing 5 - 6 students.
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SELECTION CRITERiA
 
The School seeks to admit candidates to the full-time MBA who can demonstrate the following:
  • An ability to meet the academic requirements of the program. Specifically, the Committee will take into account your undergraduate degree
  • An ability to contribute to class learning in the program and to add value to the student experience. The Committee will take into account your work experience and your responses to the personal statements
  • An ability to benefit from the learning experience and evidence that the MBA will add value to an already successful career. The Committee will consider your referees’ reports and your responses to the various personal statements
  • Throughout the application process, the Selection Committee will be looking for evidence of your managerial and leadership potential, your interpersonal and communication skills and your maturity and motivation
  • GMAT: Our selection panel prefers scores of 600 or more (650 is the current average)
  • An undergraduate degree (any discipline); no undergraduate major is preferred
  • Preferably 2 years’ work experience, however exceptional candidates with less experience may be admitted.
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APPLICATION PROCESS AND DEADLINES
 
The full-time MBA has four admissions rounds per class. These rounds allow for scholarship consideration at the time of the application outcome date, as per the table below:
 
​AUGUST 2013 ​ ​
Round​ Application closing date​ ​Application and scholarship outcome date
Round 1​ ​28 February ​31 March
Round 2​ ​31 March ​30 April
Round 3​ ​30 April (International closing date) ​31 May
​Dean's International Scholarship ​30 April ​31 May
Fee payment deadline for international students - 31 May​
Round 4​ ​31 May (Domestic closing date) ​30 June
Rupert Murdoch Scholarship ​ ​31 May 30 June
 
Early applications will be considered for admission; however scholarship consideration will only occur at the time advised above.
 
Candidates who are unsuccessful in any round are not eligible to apply again for the same class. Candidates are advised that they will be considered in two consecutive scholarship rounds only. If they have not received a favourable outcome by the end of the second consecutive round, they have not been awarded one.
 
Essential supporting materials
Applications can be submitted online at www.mbs.edu/apply; when you submit your application you must provide the following:
  • A curriculum vitae including prior employment, education and all relevant personal experience
  • A copy of all undergraduate academic transcripts (and any postgraduate academic transcripts if completed) *
  • A copy of your GMAT score if required
  • Evidence of citizenship or residency*
  • Evidence of English proficiency (copy of IELTS or TOEFL score) where required**
  • Written responses to four personal statements
  • The names and contact details of two professional referees

Applications will be processed as soon as all materials are received.
 
*Original or certified copies of these documents will need to be provided if you are successful in gaining admission to the program.
 
**Students from a non-English speaking country or where undergraduate study was not in English will require evidence of English proficiency:

  • IELTS minimum score of 7.0 (with no band less than 6.0)
    • TOEFL minimum scores:
      Paper based test 610 (+ TWE 5.0)
      Computer based test 253 (+ 5.0 essay writing)
      Internet based test 102 (+ written score of 24 and no band less than 21)
Optional supporting materials
You are welcome to supply any additional information that you believe will strengthen your application. Similarly, the School reserves the right to request any additional information that the Selection Committee believes will assist its admission decision.
 
Applications will be processed as soon as all materials are received.
 
Successful applicants
MBS understands that awaiting the decision of the Selection Committee can be stressful. We therefore respond to applications as quickly as possible – often within four weeks of receipt. A formal Letter of Offer is sent to successful applicants detailing the Terms and Conditions of the offer and setting a deadline by which it must be accepted. The deadline is normally about two weeks from the date of the Letter of Offer.
 
Unsuccessful applications
Unsuccessful applicants are notified in writing. The School appreciates that considerable time and effort are required to apply for a place in the program and that it is disappointing to submit an unsuccessful application. However, the School regrets that it is not able to comment on specific factors that may have led to the final decision of the Selection Committee.
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FEES
 
Total cost - AUD$75,000*
 
*Includes tuition for all subjects plus Business in Asia Study Project airfares and accommodation.
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Living Costs

Depending on your lifestyle and choice of accommodation, the cost of living in Melbourne varies. However, we estimate you will need approximately AUD$16-26,000 per year (tuition fees excluded) to cover living expenses such as accommodation, food, transportation, textbooks and entertainment.​

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Information Sessions​

Information sessions are held regularly around Australia and across the world. Please see the table below for upcoming Melbourne Business School Information Sessions:

There is no information session available for this course at this stage.
Living in Melbourne

Melbourne was ranked the number one most liveable city in the world by the Economist Intelligence Unit in 2011. It has also been ranked in the top ten Global University Cities and in the top 20 Global Innovation Cities.
 
It is the second largest city in Australia with a population of 4 million and is nestled on Australia’s largest bay - Port Phillip Bay. The city enjoys a climate that allows you to spend summers on the beach and winters in the near by ski fields.
 
Melbourne is often referred to as “Australia’s Cultural Capital.” It is the birthplace of the world's first feature film, Australian Television, the Australian Impressionist art movement and its’ live music scene has created many great acts including AC/DC and Kylie Minogue.
 
Melbourne is also Australia’s sporting capital. It hosted the 1956 summer Olympics and each year still plays host to some of the largest sporting events in the world, including the Australian Open Tennis Championship, the Formula 1 Australian Grand Prix, the Boxing Day Test Match, and the Melbourne Cup.

A distinctive feature of Australia’s most European city is Melbourne’s trams. Melbourne has the largest tram network in the world and it’s the main mode of transport around the central business district.

Click here to read more.
Why choose MBS?

Professor Zeger Degraeve
Dean, Melbourne Business School
 
All around the region and around the world we see business becoming faster, more uncertain and more global.
 
To keep graduates and employers ahead of the pack, we’ve made the most significant change to the MBA model in more than 50 years.
 
We’ve re-imagined the MBA to help you maximise significant long-term benefits and place you at the forefront of current trends.
 
Our MBA programs are delivered by international thought leaders, whose insights are published in the world’s top management and business journals. Our faculty consults to and works with leading Australian and global organisations: the same organisations that come to us to hire our graduates and develop their own executive talent.
 
During your time at Melbourne Business School you’ll acquire tools and frameworks to make better decisions, to navigate through ambiguity, and to manage yourself and other people.
 
You’ll match wits with a class of experienced professionals from around the world, people who’ll become your lifelong, global business network.
 
At the end of your program, you’ll gain a degree awarded by The University of Melbourne – one of Australia’s most prestigious universities.
 
You’ll have a suite of tools indispensable for anyone who aspires to lead people and make an impact on organisations.
 
Contact one of our friendly Admissions Consultants and you will take your first step towards transforming your future.
MBAFullTime
January or August
2 years
No
Yes
GMAT: 600 or more (650 average).
An undergraduate degree; no major is preferred.
Minimum 2 years full-time work experience gained after undergraduate completed.
English ability: IELTS 7.0 or TOEFL 102/610.
Yes
Yes
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