Monash University Master of Business Fees, Eligibility, Admission & Deadlines

Melbourne, VictoriaLocation
UniversitySchool type
Estd1958established year
49728enrollment
Public
Partner [25 Courses]
7.6/10

Master of Business [M.Bus]

2 years
Full Time
On Campus
Ranked #44 out of 1502 by THE Global Ranking 2023

₹26.1 L/Yr

A$48,100 /Yr

Offered By:   

  • Monash Business School offers a Master of Business with a maximum duration of 2 years.
  • This program provides flexibility to the students to complete this program in 1, 1.5 or 2 years full-time depending on prior qualifications.
  • This is a full-time program.
  • It is a course-based and delivered on-campus.
  • This course is available as part of the new online November intake. Students can start their degree in November 2020 and complete four units before the academic year commences in March 2021.
  • Students can also start this course on-campus at Monash University Malaysia in semester one 2021, then continue in Australia once restrictions are eased.
  • Specializations are:
    • Contemporary Management.
    • Entrepreneurship
    • Financial and Risk Management
    • International Business
    • Marketing
    • Responsible Business Governance
    • Strategic Communication Management
    • Supply Chain Management
  • The course addresses all facets of business development, and provides a solid foundation for those without business experience.
  • It connects research and practice to make students a stronger communicator and problem-solver, and will broaden their understanding of management and business ethics.
  • The Female to male ratio in this program is 57: 43 which shows equality of education among genders.
  • The student-teacher ratio in this program is 33:1 which also makes professors deal with students' doubts.
  • According to Times Higher Education World University Rankings 2020 Monash Business School Ranks #75 in the world.
  • Graduates of the course pursue careers across the spectrum of business, including roles in human resources, management, marketing, science and commercialisation, project management, risk management or logistics.
  • The average salary after this program goes upto 88,783 USD.

Important Dates

International Students can apply for a place anytime throughout the year.

Tuition Fees

Year1st Year Fees
Tuition Fees₹2606058

Other Expenses

HeadAvg Cost Per Year
Housing₹466002
Food₹790595
Transportation₹91510
Total Cost₹1348107

Eligibility & Entry Requirement

Academic Eligibility:

  • Applicants must have completed an Australian bachelor degree or an equivalent qualification.
  • Applicants will be required to attend an interview (by telephone) with a member of the selection panel.

Work Experience:

  • Minimum of three years of work experience (total) with at least one year of professional/managerial experience.

Language Requirments:

  • The students whose official language is not English are required to submit the English Language Proficiency scores.

Indian Student Eligibility:

  • The student has graduated from senior secondary school or equivalent (those applying for a postgraduate program must have graduated from a university or college).
  • Students completed a Diploma from an accredited institution with 65% in the final years of the program.


Scores Required

94 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

500 / 800

Avg. Score in

GMAT


Required Document List

The Documents required are:

  • Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
  • Statement of marks - The marks statement provided by the education board.
  • Financial Documentation - The Proof that shows the financial background of the student.
  • Letter of Recommendation - This shows who recommended the student to pursue the degree.
  • Statement of Purpose - This is an essay or any written statement written by the student while applying.
  • Resume/CV - This provides a summary of the experience and skills.

Ranking

2023202220212020201920182017

Times Higher Education logo
Business 44 out of 1502 in Global Ranking

QS World University logo
Business 84 out of 252 in Global Ranking

Career and Placement after Course

Career opportunities are:

  • Healthcare Administrator.
  • Information Systems Manager.
  • Operations Research Analyst.
  • Management Analyst. 
  • Market Research Analyst. 
  • Accountant. 
  • Financial Analyst.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Monash International Leadership ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Monash International Merit ScholarshipScholarship per student₹ 3.6 L/Yr$6,561Level Of StudyBachelorTypeCollege-Specific
BrokerFish International student scholarshipScholarship per student₹ 54,180/Yr$1,000Level Of StudyBachelorTypeMerit-Based
QS scholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Paul Foundation scholarshipsScholarship per student₹ 10.9 L/Yr$20,174Level Of StudyDiplomaTypeMerit-Based
FINCAD Women in Finance ScholarshipScholarship per student₹ 10.8 L/Yr$20,000Level Of StudyMasterTypeMerit-Based


Options Available

ProgramDelivery TypeDurationProgram TypeTution Fees
M.Bus Supply Chain Managementfull time2 yearson-campus₹1712196.36

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