Victoria Graduate School of Business [VGSB]: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

Melbourne, VictoriaLocation
SchoolSchool type
Estd1990established year
Public

Victoria University Graduate School of Business is a part of Victoria University located in the center of Melbourne’s busy central business district. According to THE World University Rankings, Victoria College is in the top 2% globally and is the most preferred institute for MBA in Australia. UG, PG, UG certificate, PG diplomas & certificates, TAFE diplomas & courses, short courses, PG research, and higher education diplomas in Finance and Accounting, Marketing, Management, Hospitality, and Event Management are the programs offered by Victoria University Graduate School of Business .

The b-school has three intake seasons -February, July and November and are accepted via university online applications or through a country agent. Students need to have a minimum IELTS score of 6.0 for UG courses and 6.5 for PG courses. Candidates from India require ISCE and CBSE with 65% or HS from State Board with 70% to get admission for any UG course. For PG admissions a UG degree with 50% is essential. Candidates having relevant work experience get a high chance of selection by the school.

Also Check: Application Process in Australian Universities

Victoria Graduate School of Business Rankings

Victoria Graduate School of Business THE rankings:

  • Top 2% , 2021
  • #12 in the world for Quality Education Impact Rankings 2020
  • #151-175 in the world for Engineering and Technology, 2020
  • #201-250 in the world for Computer Science, 2020

Apart from THE other rankings of Victoria Graduate School:

  • Tier 1 in MBA by CEO Magazine 2020
  • #2 rank for English language center by i-graduate English Language Barometer 2018
  • #2 in Australia as per international students by i-graduate English Language Barometer 2018
  • #5 in the world by i-graduate English Language Barometer 2018
  • #12 in the world for Sport Science by Shanghai Ranking Consultancy 2018-19
  • #32 in the world for Automation and Control by Shanghai Ranking Consultancy 2018-19

Highlights

College Type Public
Campus Setting Suburban
Application Portal Direct Course Application or Find an Education Agent
Application Fee 75 AUD (non-refundable)
Cost of Living 21,041 AUD
Test Scores Accepted IELTS, TOEFL, or equivalent
Work-Study Program Yes
Mode of Program Full-Time, Part-Time, Online
Financial Aid Scholarships

Victoria Graduate School of Business Campus 

Victoria Graduate School of Business is located in City Flinders, opposite to Yarra River, Melbourne’s grand Flinders Street Station, and the Southbank Precinct.

  • There are student lounges and informal studying spaces on the campus with facilities like kitchenettes , WiFi access, lounges, tables and chairs, and power outlets.
  • The campus is surrounded by many restaurants and cafes. Students can retreat to 8 Ounce Café at Victoria University Flinders Arcade which is two minutes from Flinders Street Station. They offer both ‘grab and go’ as well as à la carte options.
  • The Victoria School of Business campus library provides ample services to its students which includes computers, laptops on loan, AutoCAD & MATLAB software on computers, WiFi access, service desk, printing/copying/scanning facilities, student group study rooms, self-service loans and quiet study PC lab.

Victoria Graduate School of Business Programs 

Victoria Business School offers UG, PG,UG certificate, PG research, TAFE certificates & diplomas, higher education diplomas, and short courses in Accounting & Finance, Business Administration, Marketing, Project Management, Sports Management, Tourism, and Supply Chain and Logistics.

Some of the most popular courses offered by Victoria Business School are as follows:

Course Intakes Fees (per semester in AUD)
MBA (Global) February, July, November 16,700
Master of Marketing February, July, November 15,300
Bachelor of Business February, July 14,950
Master of Management February, July, and November 15,300
Master of Sport Business February, July 19,200
Master of Business Analytics February, July, November 15,300
Master of Tourism Hospitality and Events Management February, July, November 15,300

Victoria Graduate School of Business Accommodations 

Victoria Graduate School of Business offers on campus modern, safe, friendly, and fully furnished accommodation. Students are advised to book their accommodations at least a month before arriving in Australia.

  • It offers guaranteed accommodations to international students in partnership with UniLodge which is next to Footscray Nicholson Campus.
  • The 537-bed accommodation complex features high-tech rooms, dining rooms, gourmet kitchens, TV lounges, barista café, convenience store, rooftop garden, basketball half-court, BBQ, pool table, and table tennis table.
  • There is also a cinema theatre with Foxtel services, media services, and media consoles.
  • UniLodge has twin-share studio apartments as well as two- and six-bedroom apartments. The costs include utility charges, unlimited WiFi, and membership to Residential Life Program.

Below are the mentioned rates applicable for 2021. The rates include all furniture, WiFi, lounge TV, microwave, ceiling fans, hydronic heating, electric cooktop, and fridge.

Room Type Costs per week (in AUD)
Studio Twin-Share 172
6-Bedroom Multi-Share 229
2 Bedrooms Regular 302
Studio Regular 332
Studio Deluxe 362

If students prefer to rent privately, other accommodations in Australia like homestays, shared houses, private rentals, and short-stay options are available.

VU Student Housing Service assists students with the following when they arrive in Australia:

  • Access to the VU student housing database which provides a free list of properties vacancies
  • Student housing guide with tips, checklists, and lists
  • Rental information in multiple languages
  • Support with housing issues

Victoria Graduate School of Business Admissions 

Victoria Business School accepts international students if they meet the entry-level requirements and English language requirements. The English test scores submitted should not be more than 2 years old. Below mentioned is the details process of admissions:

Application Portal: Direct Course Application or Find an Education Agent

Application Fees: 75 AUD (non-refundable)

Application Requirements

  • Secondary school qualification equivalent to Australian Year 12-For UG
  • UG qualification equivalent to Australian degree- For PG
  • Australian Student Visa
  • Health Insurance
  • English Language Proficiency
  • Statement of purpose– up to 500 words
  • Evidence of work experience
  • Research proposal

English Language Proficiency Tests Score

Tests UG PG
IELTS 6.0 6.5
TOEFL 67 79
PTE 50-57 58-64
CAE 169 176
VU English / EAP Level 5 Level 6

Country-level qualifications accepted by Victoria Business School

Country UG PG
India ISCE and CBSE with 65%; HS Certificate/Intermediate Certificate from State Board with 70% UG with 50%
Bangladesh HSC with GPA - 4/ 5 UG with 50%
Bhutan BHSEC with 65% UG with 55%
Pakistan Intermediate Certificate/ HSSC (pre-engineering or pre-medical) with 715/1100 UG with 50% or; PG (by coursework) with 2.5 / 4
Nepal HSC with 65% or; Proficiency/Intermediate Certificate with 65% UG with a GPA of 2.5/ 4

Also Check: Top Australian Universities Admission Deadlines in 2021

Victoria Graduate School of Business Costs of Attendance 

Students must plan their expenses in advance and have enough money to cover the costs of their stay, travel, and living expenses in Australia. To help a student prepare their budget in Melbourne, here is an approximate cost that may incur. The costs may vary and depend on students’ lifestyles.

Living Expenses

Particulars Costs per week (in AUD)
Accomodations 90- 440
Groceries and Eating Out 140-280
Gas, electricity 10-20
Phone and internet 15-30
Car 150-260
Entertainment 80-150

Victoria Graduate School of Business Scholarships 

Students looking for financial assistance to study in Australia can avail university-funded scholarships as well as those sponsored by the Australian government and government of their own country. Students are automatically assessed for scholarship through their application forms based on their academic performance and the course for which they apply, depending on which they get it.

Below are few of the scholarships students can avail for financial aid.

  • VU International VCE Scholarship
    • Eligibility-Required to complete Victorian Certificate of Education and maintain 60 weighted average mark
  • Worth-3,000 AUD for first two semesters and up to 12,000 AUD of the total tuition fee
  • VU International Excellence Scholarship
    • Eligibility- Required to maintain a 60 weighted average markWorth-3,000 AUD for first two semesters and up to 6,000 AUD of the total tuition fee
  • Australian Awards Fellowship
    • Eligibility-Students undertaking short-term study and professional development courses in AustraliaWorth-Variable
  • VU College Diploma Merit Scholarship
    • Students studying in the second semester after achieving distinction in the first semester at VU.Worth-2,000 AUD
  • VU Future Leaders Scholarship (International)
    • Eligibility- merit based
    • Worth- 20% off in the first two semesters and10% off on upcoming semesters
  • VU Alumni Discount
    • Eligibility- Alumni enrolling in a course, and have completed the AQF level
    • Worth- 10% fee discount
  • Diplomatic Scholarship
    • Eligibility- Members of diplomat community and consular corps and their immediate families with no further visa (except New Zealand citizens)
    • Worth- 10% off on tuition fees.

Students can also work while they study in Australia up to 40 hours every two weeks . During semester breaks, students can work unlimited hours.

There are two options available for international students to work in Australia after their graduation under a Temporary Graduate visa- Post Study Work Stream and Graduate Work Stream. Post Study Work Stream is for recent graduates in any discipline from an Australian institution, the Graduate Work Stream is for those recent graduates with skills and qualifications relevant to specific high-demand occupations in Australia.

Victoria Graduate School of Business Alumni 

The Alumni community of the b-school is spread globally with 260,000 alumni in over 130 countries. They can enjoy various opportunities and benefits of VU to help further engagement with industry and career prospects.

VU alumni get access to the following benefits:

  • Receive a 10% discount on tuition fees for eligible courses.
  • Free mandarin course by Victoria Business Confucius Institute for 4 weeks which includes a 45-minute workshop per week and 20 tutorials for daily practice.
  • Career Development & Employment wide range of face-to-face and online career services like job application reviews, conducting mock interviews, and access to online jobs boards for graduates who have completed their studies in less than 24 months.
  • Invitations via alumni e-newsletters to social functions including celebrations, reunion, and networking events.
  • Library membership at 555 AUD per annum.
  • VU encourages the participation of the alumni community in getting involved in myriad activities, programs, and events to ensure students are given a chance to thrive.
  • Become an alumni mentor to provide work-related insights to students.
  • Be a panel speaker to give content-specific advice in events like graduation ceremonies, alumni knowledge networks series, student leadership conferences & forums, industry insights, and employability workshops.
  • Post jobs in Australia at VU Learning Hub free of charge to offer internships and employment to students.
  • Support the community via donations or volunteering.
  • Alumni can stay connected by updating details on VU Alumni, meet up with international alumni in their respective countries, social media platforms, sharing their story, VU Alumni newsletters, and Alumni Action Group (AAG).

Victoria Graduate School of Business Placements 

Victoria Graduate school of Business offers opportunities to help students to get placements in the best industry. It professionally trains students in industry projects,develops their skills , and gives high-tech learning in labs and creative studios.

  • About 70% of the graduates get placed in companies.
  • Nearly 300+ companies participated in campus recruitment.
  • The average compensation for a master's program in business administration is about AUD 1,50,000.
  • VU Employ assists students on their career journey by helping to craft their resumes for casual employment to explore graduate career options.
  • Table Connect Mentoring program matches the student with a guide to help transit through employment work. These online mentoring sessions tend to advise on employability skills, networking, application, and career direction.
  • Lead Program is a free engaging program to enhance leadership skills among students to help them become effective leaders, build workplace skills, and enhance employability.

FAQs

Ques. What are the entry requirements for the MBA program?

Ans. Students applying for the MBA program must have an Australian Bachelor Degree (or equivalent) or Australian Graduate Diploma, and an IELTS overall score of 6.5 (with at least 6.0 in every band).

Ques. What are the total tuition fees for the Master of Business Administration (Global) course?

Ans. The total tuition fees for MBA global courses are 66,800 AUD. The applications for this course are open now.

Ques. How can I apply for international admissions at Victoria Business School?

Ans. Students can apply for international admissions at Victoria Business School through a Direct online application or an education agent with a non-refundable application fee of 75 AUD.

Ques. What are the English language requirements for postgraduate courses?

Ans. International students must submit the test scores of either of the below mentioned to satisfy the English language requirements:

  • IELTS (Academic module): 6.5 (no band less than 6.0)
  • TOEFL Internet: 79 (with Listening: 19, Speaking: 19, Reading: 18, and Writing: 22)
  • Pearson Test of English (PTE): 58-64 (no section scores less than 50)
  • University of Cambridge - Advanced (CAE): 176 (no individual band less than 169)
  • VU English – Achieved English for Academic Purposes (EAP) (Level 6)

Ques. How can I apply for scholarships?

Ans. International students are automatically considered for scholarships after they submit their application forms. No external application is required.

Ques. What are the English Language requirements for admissions to undergraduate courses?

Ans. International students applying for an undergraduate degree must submit either of the following test scores:

  • IELTS (Academic module): 6.0 (no band less than 6.0)
  • TOEFL Internet: 67 (with Listening: 12, Speaking: 18, Reading: 15, and Writing: 21)
  • Pearson Test of English (PTE): 50-57 (no section scores less than 50)
  • University of Cambridge - Advanced (CAE): 169 (no individual band less than 169)
  • VU English – Achieved English for Academic Purposes (EAP) (Level 5)

Ques. Are GMAT scores required while applying for an MBA course?

Ans. Victoria Business School does not require GMAT scores as an entry requirement for admissions to MBA courses.

Ques. What are the deadlines for postgraduate courses?

Ans. There are no specific deadlines but intakes are scheduled for postgraduate courses in February, July, November. Applications are open now.

Ques. What is the cost of accommodation on-campus?

Ans. The cost of accommodation on-campus is based on UniLodge rates which are 172-362 AUD per week (52 weeks total).

Master of Business Administration [M.B.A]

2 years
On Campus
English
Full Time
Exam Scores: GMAT550|IELTS6.5|TOEFL79|PTE58

Master Business Analytics

2 years
On Campus
English
Full Time
2 years
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL79|PTE58
Options Available:

Master of Arts [M.A] Professional Accounting

2 years
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL79|PTE58
2 years
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL79|PTE58
Degrees Available: M.Bus

Victoria Graduate School of Business, Victoria University Scholarships


NameScholarship Per StudentLevel of StudyType
Australian Government Research Training ProgramScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based
Paul Foundation scholarshipsScholarship per student₹ 16.7 L/Yr$20,174Level Of StudyDiplomaTypeMerit-Based
DAAD ScholarshipsScholarship per student₹ 73,606/Yr$888Level Of StudyDoctorateTypeMerit-Based
FINCAD Women in Finance ScholarshipScholarship per student₹ 16.6 L/Yr$20,000Level Of StudyMasterTypeMerit-Based
Charles Wallace India Trust ScholarshipsScholarship per studentVariable AmountLevel Of StudyN/ATypeAwards
Destination Australia ScholarshipScholarship per student₹ 9.2 L/Yr$11,070Level Of StudyBachelorTypeEasy-to-Apply

Victoria Graduate School of Business, Victoria University Admissions

Victoria Graduate School of Business, Victoria University Exam Scores

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Language Proficiency
TOEFL-55--
IELTS-5.5--

Attendance Cost

₹1,046,758

attendance cost

The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees

Tuition fees
Post Graduate Program
₹1,046,758 / Year

Victoria Graduate School of Business, Victoria University Campus Location


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