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Melbourne Business School - Fees, Ranking, Acceptance Rate, Placements
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Last updated on 26 Dec '24, by Loveleen Sharma (Study Abroad Expert)University of Melbourne Business & Management StudiesWhat’s new?
Deadlines at Melbourne Business School are mentioned below as they vary by rounds:
- Application deadline for MBA Round 2: Feb 3, 2025
- Application deadline for MBA Round 3: Mar 31, 2025
- Application deadline for MBA Round 4: May 26, 2025
- Application deadline for MBA Round 5: Jul 14, 2025
- About Melbourne Business School
- Melbourne Business School Courses and Fees 2025
- University of Melbourne Business & Management Studies Popular Programs
- University of Melbourne Business & Management Studies Popular Courses
- Melbourne Business School Rankings 2025
- Melbourne Business School Admission Dates 2025
- Melbourne Business School Admission Requirements 2025
- Melbourne Business School Placements 2025
- Melbourne Business School or University of Sydney Business School. Which is Better?
- Melbourne Business School Campus Life
- Melbourne Business School Notable Alumni
- University of Melbourne Business & Management Studies Students reviews
About Melbourne Business School
Established in 1955, Melbourne Business School (MBS) is the Business School of the University of Melbourne, Australia. The B-School is quite popular for its Business and Management programs which include a Full-time MBA program, doctoral programs, Executive MBA program, and many others.
The head office and the main campus of Melbourne Business School are situated in Melbourne’s Central Business District, in a complex that Daryl Jackson designed. Melbourne Business School has an additional office in Pitt Street, Sydney, and a program inquiries office in Kuala Lumpur. The B-School also has 3 research centres the Centre for Business Analytics, the Centre for Sustainability, and the Dilin Duwa Centre for Indigenous Business Leadership.
MBS holds double accreditations from the Association to Advance Collegiate Schools of Business (AACSB) and the European Quality Improvement System (EQUIS) given to prestigious B-schools with strong Business and Management programs. The MBA class size at this B-School is 100 for the year 2023.
According to Shiskha's official website, 95% of the Melbourne Business School graduates got placed within companies such as Vodafone Australia, ANZ Banking Corporation, Deloitte Australia, Accenture, etc.
Things to Know about Melbourne Business School
With an alumni network of over 10,000, it has its alumni in more than 80 countries. The Imperial College acceptance rate stands at 10% for its MBA programs.
Here are some more highlights for Melbourne Business School:
|
Melbourne Business School (MBA) |
Validation |
|---|---|
|
Acceptance Rate (MBA Class 2026) |
5.8% |
|
QS MBA ranking (2025) |
32 |
|
Known for |
Incorporating Science with the Management programs |
|
MBA Class Size (2024-25) |
100 |
|
Placement Rate (2023) |
95% |
|
Average Age (2024-25) |
28 years |
(AUD 1 = INR 53.38)
Focused on inclusion, Melbourne Business School is aimed at making the world a better place where everyone gets equal opportunities to learn and grow with their Business and Management programs. According to an unofficial site, 40% of all MBS class 2026 were international.
This is what Melbourne Business School Class 2026 looks like:
|
Melbourne Business School Class Profile (2024-25) |
Data |
|---|---|
|
Women |
45% |
|
International Students (Unofficial Site, 2025) |
40% |
|
Average Age |
28 years |
|
Class Size |
100 students |
Commonly asked questions On About Business & Management Studies
Q: Is it difficult to get admission to Melbourne Business School?
Yes, it can be considered difficult to get into the Melbourne Business School because it's acceptance rate is around 30 to 40% which means that out of 100 students only 30 to 40 students are accepted which makes it a moderately difficult university to get into.
Although the students can bag them admit letter if they follow the below mentioned requirements:
Melbourne Business School MBA Requirements as an International student:
· A four years Bachelor's degree from an accredited institution
· A minimum of 2 years of work experience
· English language proficiency test (IELTS/TOEFL)
· Standardised entrance test (GMAT/GRE)
· Personal references
· An Evidence of citizenship
Q: Is Melbourne Business School same as University of Melbourne?
Melbourne Business School is the Business school of the University of Melbourne which provides courses in Business and Management domain. The most popular course at Melbourne Business School is Full-time MBA
Some other Melbourne B-school programs are mentioned below:
· Master of Finance
· Master of Management (Finance)
· Master of International Business
· Master of Management (Human Resources)
· Full-time MBA
· Executive MBA
· Master of Management (Accounting and Finance)
· Master of Entrepreneurship
· Master of Economics
Q: Is Melbourne Business School a public school?
The ownership of Melbourne Business School is divided in 11:9 ratios with 55% of the school owned by the business community and 45% owned by the University of Melbourne.
Established in the year 1955, Melbourne Business School (MBS) is the Business School of the University of Melbourne, Australia. The B-School is quite popular for its Business and Management programs which includes a Full-time MBA program, doctoral programs, Executive MBA programme and many others.
Q: Is Melbourne Business School worth it?
Melbourne Business School is the B-School of the University of Melbourne which is ranked at #19 among the best universities in the world. The MBA programs offered though their Melbourne Business School are ranked at #30 by the QS Top MBA ranking 2025.
According to an unofficial website, Melbourne Business School graduates receive an annual package between AUD 140,000 to AUD 280,000 (INR 80.4 L to INR 1.50 Cr) with Vice President, Sales having the the highest average package of AUD 280,000 (INR 1.50 Cr). The Average Base Salary that these Melbourne Business School graduates get is AUD 155,000 (INR 80.4 L).
The most popular company these graduates get placements at is Sage Publications Ltd. According to Pay scale.
Melbourne Business School Courses and Fees 2025
There is a variety of Business and Management courses available at Melbourne Business School. With the most popular program being its Full-time MBA program. These Management courses are provided in MBA, Masters, and Undergraduate.
Some of the programs are mentioned below:
- Master of Finance
- Master of Management (Finance)
- Master of International Business
- Master of Management (Human Resources)
- Full-time MBA
- Executive MBA
- Master of Management (Accounting and Finance)
- Master of Entrepreneurship
- Master of Economics
Melbourne Business School Fees 2025
The MBA program fee for the MBA at Melbourne Business School is AUD 112,500 (INR 60.3), the mentioned fee is the total cost of the full-time program.
There is no application fee to apply for a Full-time MBA at Melbourne Business School.
The tables below show the first-year course fee for the Business and Management program specializations at Melbourne Business School (2024-25):
|
MBA Specializations |
MBA First-Year Fees |
|---|---|
|
INR 28.67 L |
|
|
INR 27.46 L |
|
|
INR 42.82 L |
|
|
INR 26.37 L |
|
|
INR 23.50 L |
(AUD 1 = INR 53.63)
| Courses | 1st Year Tuition Fees | Duration & Eligibility |
|---|---|---|
MBA/PGDM(19 courses) | INR 20 L - 41 L | Duration: 1 year-4 years Exam Accepted: IELTS: 6.5 - 7, TOEFL, PTE |
MIM(18 courses) | INR 20 L - 41 L | Duration: 1 year-4 years Exam Accepted: IELTS: 6.5 - 7, TOEFL, PTE |
BBA(2 courses) | INR 21 L - 22 L | Duration: 3 years Exam Accepted: IELTS: 6.5 & Above, TOEFL, PTE |
Commonly asked questions On Fees and Eligibility
Q: What are the various courses offered at Melbourne Business School?
There is a variety of Business and Management courses available at Melbourne Business School. With most popular programme being its Full-time MBA program. These Management courses are provided in MBA, Masters, and Undergraduate.
Some of the programs are mentioned below:
· Master of Finance
· Master of Management (Finance)
· Master of International Business
· Master of Management (Human Resources)
· Full-time MBA
· Executive MBA
· Master of Management (Accounting and Finance)
· Master of Entrepreneurship
· Master of Economics
Q: How much does an MBA at Melbourne Business School cost?
The MBA programme fee for the MBA at Melbourne Business School is AUD 112,500 (INR 60.3), the mentioned fee is the total cost of the full-time program.
There is no application fee to apply for Full-time MBA at Melbourne Business School.
The tables below show the first-year course fee for the Business and Management programme specialisations at Melbourne Business School (2024-25):
MBA Specializations | MBA First-Year Fees |
|---|---|
INR 28.67 L | |
INR 27.46 L | |
INR 42.82 L | |
INR 26.37 L | |
INR 23.50 L |
(AUD 1 = INR 53.63)
Q: What is the duration of a full-time MBA at Melbourne Business School?
There is a variety of courses available at Melbourne Business School. The Business and Management courses at MBS are considered to be top-notch and the most popular programme at this B-School is Full-time MBA of theirs.
The duration of Full-time MBA from MBS is 2 years.
University of Melbourne Business & Management StudiesPopular Programs
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University of Melbourne Business & Management StudiesPopular Courses
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Melbourne Business School Rankings 2025
Ranked among the best Business and Management programs, Melbourne Business School is the B-School of the University of Melbourne.
Here are some of the 2025 rankings for the Melbourne Business School:
- QS Global MBA Rankings: Melbourne B-School is ranked #1 in Australia and #32 in the world for its Full-time MBA program.
- QS Business Master’s Rankings: MBS is ranked #1 in Australia for its Master of Business Analytics program.
- Financial Times: Ranked at #1 in Australia for its Executive MBA program.
The MBA programs at Melbourne Business School have received a grade of A++ on Shiksha grading.
Commonly asked questions On Rankings
Q: What is the global ranking of Melbourne Business School?
Ranked among the best Business and Management programs, Melbourne Business School is the B-School of the University of Melbourne.
Here are some of the 2025 rankings for the Melbourne Business School:
· QS Global MBA Rankings: Melbourne B-School is ranked at #1 in Australia and #32 in the world for its Full-time MBA program.
· QS Business Master's Rankings: MBS is ranked at #1 in Australia for its Master of Business Analytics program.
· Financial Times: Ranked at #1 in Australia for its Executive MBA program.
The MBA programs at Melbourne Business School have received a grade of A+ on Shiksha grading.
Melbourne Business School Admission Dates 2025
The Business and Management courses at Melbourne Business School have a round system for admissions. The deadlines for most of its programs stay the same generally. Here are Melbourne Business School deadlines for 2025:
|
Melbourne MBA Rounds |
Application Deadline |
|---|---|
|
Round 2 |
Feb 3, 2025 |
|
Round 3 |
Mar 31, 2025 |
|
Round 4 |
May 26, 2025 |
|
Round 5 |
Jul 14, 2025 |
Melbourne Business School Admission Requirements 2025
The students are not required to pay any application fee while applying for the Melbourne Business School admission process.
However, a student can get admission to this B-School by fulfilling the below-mentioned requirements:
Melbourne Business School MBA Requirements as an International Student:
- A four-year Bachelor’s degree from an accredited institution
- A minimum of 2 years of work experience
- English language proficiency test (IELTS/TOEFL)
- Standardized entrance test (GMAT/GRE)
- Personal references
- An Evidence of Citizenship
Please note that for English language proficiency, a student can any of these exams IELTS/TOEFL/Pearson.
Below mentioned are the minimum scores a student must achieve to successfully submit their application:
|
MBS Tests Requirements |
Minimum Scores needed |
|---|---|
|
GMAT |
695 or higher |
|
IELTS |
7.0 Bands |
|
TOEFL |
102 |
|
Pearson |
72+ |
Melbourne Business School Admission Process 2025:
Step 1-Choose a program: International students have to choose a program among various Undergraduate, graduate, and certificate programs and the eligibility criteria.
Step 2- Fill out the application form on the official website of the College
Step 3- Wait for a response: Melbourne Business School will review the application and within a few weeks they will provide an offer letter to join the program, they might ask for an Interview as well.
Step 4- Pay tuition fees of AUD 17,000 (INR 9.02 L) to secure the seat.
(AUD 1 = INR 53.38)
Commonly asked questions On Admission Requirements
Q: Does Melbourne Business School accept GRE?
As part of Melbourne Business School application process, the students are required to submit the standardized entrance test scores. The students can take GMAT or GRE. The minimum score requirement for GMAT is 695.
Other than GMAT or GRE, some MBS requirements are mentioned below:
· A four years Bachelor's degree from an accredited institution
· A minimum of 2 years of work experience
· English language proficiency test (IELTS/TOEFL)
· Standardised entrance test (GMAT/GRE)
· Personal references
· An Evidence of citizenship
Q: What is the IELTS requirement for MBA at Melbourne Business School?
The international students are required to submit English language proficiency scores for getting admission at Melbourne Business School.
The students are expected to score 7 bands overall with no bands less than 6.5, which makes the minimum IELTS scores requirement of 6.5 bands.
The students can also submit the TOEFL or PTE as part of Melbourne English proficiency requirements. Below mentioned are the score expected for both:
Melbourne Business School English proficiency requirements | Minimum Scores Required |
|---|---|
IELTS | 7.0 bands |
TOEFL iBT | 102 |
PTE | 65 |
Q: Is it tough to get admission to Melbourne Business School?
The school can be considered a little selective as its acceptance rate is around 30 to 40%, which means that out of every 100 applications on 30 to 40 students were rolled out an offer letter.
As part of Melbourne Business School application process, the international students are reuired to submit the below mentioned documents and test scores:
· A four years Bachelor's degree from an accredited institution
· A minimum of 2 years of work experience
· English language proficiency test (IELTS/TOEFL)
· Standardised entrance test (GMAT/GRE)
· Personal references
Melbourne Business School Placements 2025
The official placement data for Melbourne Business School was not released. However, it is mentioned on several non-official websites that the Melbourne Business School placement rate was 95%.
According to an unofficial website, Melbourne Business School graduates receive an annual package between AUD 140,000 to AUD 280,000 (INR 80.4 L to INR 1.50 Cr) with Vice President, Sales having the highest average package of AUD 280,000 (INR 1.50 Cr). The Average Base Salary that these Melbourne Business School graduates get is AUD 155,000 (INR 80.4 L).
The most popular company these graduates get placements at is Sage Publications Ltd. According to Payscale.
Below mentioned are the average salaries of various roles, Melbourne Business School graduates take up:
|
Job Roles |
Melbourne Business School Placement (Class 2023) |
|---|---|
|
Chief Executive Officer (CEO) |
AUD 198,339 (INR 1.05 Cr) |
|
Commercial Manager |
AUD 132,932 (INR 70.8 L) |
|
Product Marketing Manager |
AUD 155,000 (INR 82.5 L) |
|
General / Operations Manager |
AUD 185,000 (INR 98.5 L) |
|
Chief Information Officer (CIO) |
AUD 203,473 (INR 1.08 Cr) |
|
Vice President (VP), Sales |
AUD 280,000 (INR 1.49 Cr) |
|
Finance Manager |
AUD 140,000 (INR 74.5 L) |
(AUD 1 = INR 53.63)
The table below sheds more light on the years of experience that MBS MBA graduates had, according to Pay scale:
|
Experience |
Data |
|---|---|
|
Entry Level |
3.5% |
|
Early Career |
10.5% |
|
Mid-Career |
16.3% |
|
Late Career |
33.7% |
|
Experienced |
36% |
Commonly asked questions On Placements
Q: What kind of jobs a Melbourne Business School graduate can expect after MBA?
The MBS MBA graduates are highly valuable assets to all the companies out there. Below mentioned are the job roles a graduate can expect after completing their MBA:
Job Roles after Melbourne Business School MBA |
|---|
Chief Executive Officer (CEO) |
Commercial Manager |
Product Marketing Manager |
General / Operations Manager |
Chief Information Officer (CIO) |
Vice President (VP), Sales |
Finance Manager |
Q: What is the salary after MBA from Melbourne Business School?
The most popular company these graduates get placements at is Sage Publications Ltd. According to Pay scale. According to the same platform
Below mentioned are the average salaries of various roles, Melbourne Business School graduates take up:
Job Roles | Melbourne Business School Placement (Class 2023) |
|---|---|
Chief Executive Officer (CEO) | AUD 198,339 (INR 1.05 Cr) |
Commercial Manager | AUD 132,932 (INR 70.8 L) |
Product Marketing Manager | AUD 155,000 (INR 82.5 L) |
General / Operations Manager | AUD 185,000 (INR 98.5 L) |
Chief Information Officer (CIO) | AUD 203,473 (INR 1.08 Cr) |
Vice President (VP), Sales | AUD 280,000 (INR 1.49 Cr) |
Finance Manager | AUD 140,000 (INR 74.5 L) |
Melbourne Business School or University of Sydney Business School. Which is Better?
According to the QS Global MBA Rankings 2024, the Global rank of MBA programs offered by the University of Melbourne are ranked at #30, while the University of Sydney Business School ranks at #50 which is a substantially lesser number than Melbourne.
The table compares these two best Business schools in depth:
|
Criteria |
Melbourne Business School |
University of Sydney Business School |
|---|---|---|
|
Location |
Carlton, Australia |
Sydney, Australia |
|
Average Starting Salary |
AUD 155,000 |
AUD 147,000 |
|
Placement rate (Class 2023) |
95% |
85% |
|
Acceptance Rate (Based on General Trends) |
30% |
|
|
Ranking (QS Top MBA rankings 2025) |
#30 |
#50 |
|
Average age |
28 years |
30 years |
|
Ranking (QS Top MBA rankings 2025) |
#30 |
#50 |
|
First-year tuition fee |
AUD 56,000 (INR 30 L) |
AUD 77,000 (INR 41.2 L) |
|
Average GMAT |
600 |
695 |
|
International Students (Class profile 2023) |
40% |
90% |
(AUD 1 = INR 53.63)
Melbourne Business School Campus Life
Located in Carlton, Australia, well-renowned as Australia’s most liveable city, Melbourne Business School is all about building connections. This B-School is the Business school of the University of Melbourne. The Carlton campus encompasses multiple clubs and organizations which are quite helpful to the students in the development of their holistic personality.
The students are encouraged to take part in clubs such as the consulting club, women in Management club, Marketing Association Club, Sustainability Club, Net Impact Club, and Finance Club. The Networking events also help regularly so that the students can build professional networks which can prove beneficial in the job hunt.
The Melbourne Business School campus is situated in Parkville, it is a 15-minute walk from the Melbourne CBD and a 10-minute walk to the Queen Victoria Markets. Melbourne City is known for its café culture, sporting events, and festivals.
Being social is an extremely easy task at the Melbourne Business School as there is an abundant and fully serviced Hub Café for meeting with classmates, for drinks, study lunch, and dinners.
Commonly asked questions On Campus Life
Q: How is Melbourne Business School campus life?
The students are encouraged to take part in clubs such as the consulting club, women in Management club, Marketing Association Club, Sustainability Club, Net Impact Club, and Finance Club. The Networking events are also help regularly so that the students can build professional networks which can prove beneficial in job hunt.
The Melbourne Business School campus is situated in Parkville, it is a 15-minute walk from the Melbourne CBD, and a 10-minute walk to the Queen Victoria Markets. The Melbourne city if known for its café culture, sporting events, and festivals.
Being social is an extremely easy task at the Melbourne Business School as there abundant and fully serviced Hub Café for meeting with classmates, for drinks, study lunch, and dinners.
Q: What is special about Melbourne Business School campus?
Located in Carlton, Australia, well-renowned as Australia's most liveable city, Melbourne Business School is all about building connections. This B-School is the Business school of the University of Melbourne. The Carlton campus encompasses of multiple clubs and organisations which are quite helpful to the students in development of their holistic personality.
The students are encouraged to take part in clubs such as the consulting club, women in Management club, Marketing Association Club, Sustainability Club, Net Impact Club, and Finance Club. The Networking events are also help regularly so that the students can build professional networks which can prove beneficial in job hunt.
Melbourne Business School Notable Alumni
With an alumni network in over 80 countries, Melbourne Business School alumni network over 10,000 students all around the world. Some of the most popular alumni include Ahmed Fahour, Rosemary Balmford, and Andrew Bassat, who are considered the best alumni of the University of Melbourne.
Some of the most popular alumni are mentioned below:
|
Melbourne Business School Notable Alumni |
Professions of the Alumni |
Photos |
|---|---|---|
|
Adam Garone |
Founder, Movember, Master of Marketing 1999 |
|
|
Ahmed Fahour |
Former CEO, Australia Post, MBA 1993 |
|
|
Andrew Bassat |
Co-Founder, Seek, MBA 1994 |
|
|
Bill Shorten |
Australian Federal Minister for Government Services and Minister for the National Disability Insurance Scheme |
|
|
Rosemary Balmford |
First female judge of the Supreme Court of Victoria, MBA 1971 |
|
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Anything you would want to ask experts?Answered a week ago
International Students at University of Melbourne are required to submit the proof of english language proficiency to be considered for admission at the university. Melbourne University accepts a range of exams other than IELTS such as TOEFL and PTE and the scores required are given as follows:
| Exam | Score Required |
|---|---|
| IELTS | Minimum 6.5 |
| TOEFL IBT | 79 |
| PTE | overall 64 |
Contributor-Level 10
Answered a week ago
To gain admission to the University of Melbourne's MBA program, applicants are generally required to have work experience after completing their bachelor's degree. According to the admissions requirements listed on the university's website, candidates must have a minimum of two years of professional
S
Contributor-Level 9
Answered a week ago
As per unofficial sources, the University of Melbourne acceptance rate is around 70%. Hence, to get admission to this university, the applicants must aim to have a good academic record. General academic requirements are having completed Class 12 education for admission to bachelor's courses. On the
S
Contributor-Level 9
Answered a month ago
To get into Uni of Melbourne, the applicants are required to meet the below-given entry requirements:
UG
- The applicants must have completed the Victorian Certificate of Education or an equivalent qualification. Indian applicants are required to have a CBSE All India Senior School Certificate (AISSC) o
Contributor-Level 10
Answered 2 months ago
The English Language Requirements for Undergraduate and Graduate international students at University of Melbourne are given as follows:
| Exam | Score Required for UG | Score Required for PG |
|---|---|---|
| TOEFL IBT | Overall 79 | 79-104 |
| IELTS | Overall 6.5 | Overall 6.5-7.0 |
| PTE Academic | Overall score of 64 | Minimum 68-75 |
Contributor-Level 10
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| Population of City | 49,00,000 |
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