MBA at AGSM vs Melbourne Business School

The Australian Graduate School of Management of the University of New South Wales (UNSW) and the Melbourne Business School offer a variety of courses in the field of business, though they are most popular for their MBA programs.

Overview Comparison
Australian Graduate School of ManagementMelbourne Business School
ranking (overall)# 79 Financial Times 2021
# 88 Financial Times 2020
# 70 Financial Times 2019
# 87 Financial Times 2021
# 80 Financial Times 2020
# 61 Financial Times 2019
ProgramsUG Programs -31
PG Programs -13
Doctorate Programs -7
PG Programs -6
Cost to StudyAverage Tuition Fees   28980
[For UG Program]
Average Tuition Fees  26199
[For PG Program]
Hostel + Meal - 34182 Per Year
Average Tuition Fees  87000
[For PG Program]
Hostel + Meal - 23890 Per Year

Top Courses Comparison

Top Courses Comparison

ranking# 71 for Business by Times Higher Education 2023
# 101 for Business by Academy Ranking of World Universities 2021
# 34 for Business by Times Higher Education 2023
# 51 for Business by Academy Ranking of World Universities 2021
application# 46 Admissions
#137 Applicants
# 50 Admissions
# 37 % Acceptance Rate
exam scoresGMAT - 680/800IELTS - 7/9PTE - 65/90TOEFL - 94/120GMAT - 690/800GRE updated - 310/340IELTS - 7/9PTE - 64/90TOEFL - 102/120
Admission Criteria/Better to Have

GPA of 3.1 to 3.8 average and preferably 686 GMAT Score. Average Work Experience required around 8 years.



cost to studyTotal Cost (Tuition + Living) -57960Total Cost (Tuition + Living) -34010
Return on Investment/Average Package#Average Salary98400#Average Salary123000
documents required#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose
application dates-Sep 30, 2023 (Early Application Deadline For 2024 Intake)
Oct 31, 2023 (Round 1 Application Deadline For 2024 Intake)
Jan 30, 2024 (Round 2 Application Deadline For 2024 Intake)
Mar 31, 2024 (Round 3 Application Deadline For 2024 Intake)
May 31, 2024 (Round 4 Final Application Deadline For 2024 Intake)
Jun 30, 2024 (Round 5 Application Deadline For 2024 Intake)
Comparison Notes

According to Financial Times, Melbourne Business School is #1 business school in Australia for MBA.

  • MBA at AGSM is typically a 16-month program whereas MBA at Melbourne Business School is typically a 2-year program but can be fast-tracked to finish in around 12 months.
  • Students at AGSM have the option of doing an MBA (Extension) where they can further develop their skills by undertaking a research project or a Work Integrated Learning project.
  • Students at Melbourne Business School have the option of doing a Master of Marketing Course along with their MBA, and completing both in a time span of 24 months.
  • Melbourne Business School offers more electives than AGSM and hence more specializations.
  • Even though the employment rate for both schools is similar, Melbourne Business School graduates had a higher salary increase of 74%, compared to 62% for AGSM graduates.
  • Both schools provide a good number of scholarships.
  • Both business schools conduct exchange programs with other partner B-schools around the world.
  • The average age of students at AGSM was 31 while that of students at Melbourne Business School was 29, as admission to AGSM requires more work experience than MBS.

Both schools provide for an immersive business experience, due to their being located in popular cities, and are being part of two of the topmost universities in Australia. It is difficult to state that one is better than the other because they both have pros and cons, and ultimately the choice will depend on what kind of experience you are looking for.