Master of Business Administration [MBA]
Field of Study:
₹39.4 L/Yr
The University of Melbourne Master of Business Administration is a 2-year full-time program ranked #31 globally and #1 in Australia by QS Global MBA Rankings 2026. Located in Carlton, Melbourne, the program combines practical business skills with leadership development through an immersive curriculum. International students from India pay AUD 120,384 (₹80 lakhs approx) in tuition fees, with total 2-year costs reaching approximately ₹1.60 crore including living expenses.
The MBA delivers strong career outcomes with 96% of graduates employed in MBA-level positions within three months of graduation. Average starting salary for graduates is AUD 130,000 (₹86 lakhs approx), with experienced professionals earning significantly higher. The program offers a 3-year post-study work visa (Subclass 485) allowing graduates to work in Australia after completion.
Current Admission Status:
Round 4 applications for September 2026 intake close on May 25, 2026 (final offshore international deadline). Round 5 closes July 27, 2026 (final onshore and domestic deadline). Indian students should apply immediately to secure a place in this highly competitive program.
- Why Study University of Melbourne MBA
- Tuition Fees for University of Melbourne MBA
- Cost of Living in Melbourne
- Admissions for University of Melbourne MBA
- English Language Requirements
- MBA Curriculum Overview
- University of Melbourne MBA Ranking
- Scholarships for University of Melbourne MBA
- Placements & Career Outcomes
- Return on Investment (ROI)
- Visa & Work Rights
- FAQs
Why Study University of Melbourne MBA
- Global Recognition: Ranked #31 worldwide and #1 in Australia, the degree is recognized by employers across Asia-Pacific, Europe, and North America for leadership roles.
- Strong ROI: Graduates earn average starting salary of AUD 130,000 (₹86 lakhs), with 96% employment rate in MBA-level positions within 3 months.
- Post-Study Work Rights: 3-year Temporary Graduate Visa (Subclass 485) allows unrestricted work in Australia, enabling career exploration and PR pathway.
- Diverse Cohort: Cohort includes 21+ nationalities, providing extensive international networking for Indian students entering global markets.
- Practical Curriculum: Personal Effectiveness Program, Immersive Business Experience, and real-world projects ensure immediate workplace application of learning.
Tuition Fees for University of Melbourne MBA
| Component | Currency | INR (at 1 AUD = 66.41) |
|---|---|---|
| Annual Tuition (International) | AUD 60,192 | ₹40 lakhs |
| 2-Year Total Tuition | AUD 120,384 | ₹80 lakhs |
| Overseas Student Health Cover (OSHC) - Annual | AUD 1,706 | ₹1.13 lakhs |
| Study Visa Fee (one-time) | AUD 650 | ₹43,167 |
Exchange Rate Note: Rates fluctuate daily. Current rate used: 1 AUD = 66.41 INR (April 15, 2026). Confirm with your bank before payment.
Fees are paid per module in advance. International students cannot access FEE-HELP (Australian government loan scheme). Scholarships are available and automatically considered during application; some require separate applications by specific deadlines.
Cost of Living in Melbourne
| Category | Monthly Cost (AUD) | Monthly Cost (INR) |
|---|---|---|
| Accommodation | ||
| On-campus (shared) | 1,000-1,400 | 66,410-93,000 |
| Off-campus (shared) | 1,200-1,800 | 79,700-1.19 lakhs |
| Food & Groceries | 400-600 | 26,564-39,846 |
| Transport (Monthly Pass) | 120-180 | 7,969-11,953 |
| Utilities (Electricity, Gas, Internet) | 150-250 | 9,962-16,603 |
| Entertainment & Miscellaneous | 200-300 | 13,282-19,923 |
| Total Monthly (Moderate Budget) | 2,070-3,130 | 1.37-2.07 lakhs |
Annual Living Cost: AUD 24,840-37,560 (₹16.50-24.95 lakhs)
On-Campus Accommodation: Melbourne Business School has limited on-campus housing; most students rent privately in Carlton, Parkville, or Brunswick. Shared accommodation is most affordable. Part-time work (up to 48 hours per fortnight during semester) can offset living costs; minimum wage is AUD 23.23/hour (₹1,542/hour).
Admissions for University of Melbourne MBA
Intake & Application Deadlines (September 2026)
| Round | Application Deadline | Decision Timeline |
|---|---|---|
| Early Round | October 6, 2025 | Mid-December 2025 |
| Round 1 | December 1, 2025 | January 2026 |
| Round 2 | February 2, 2026 | March 2026 |
| Round 3 | March 30, 2026 | April 2026 |
| Round 4 (Offshore International) | May 25, 2026 | June 2026 |
| Round 5 (Final) | July 27, 2026 | August 2026 |
Eligibility Requirements
- Bachelor's degree from recognized institution (equivalent to Indian B.Tech/B.Com with 60%+ marks)
- Minimum 2 years documented professional work experience (full-time employment required)
- GMAT or GRE score (average GMAT: 695+; GRE equivalent accepted)
- IELTS 7.0 overall (no band less than 6.5) OR TOEFL 91+ OR PTE 72+ OR Cambridge C1 Advanced 178+
Application Process
- Submit CV (up-to-date, 2-3 pages)
- Four personal statements (250-500 words each) addressing goals, contribution to cohort, leadership experience, and career aspirations
- Academic transcripts with grading schema from all undergraduate and postgraduate studies
- Valid passport or citizenship verification document
- Two professional referee contacts (supervisors or managers preferred)
- GMAT/GRE score report
- English language test score (if applicable)
Selection Criteria: Selection Committee evaluates academic performance, professional history, personal statements, and references. Shortlisted candidates attend 20-30 minute interviews (online or in-person). Committee aims for gender balance and diverse representation across industries, backgrounds, and nationalities.
English Language Requirements
All international applicants must meet University of Melbourne's English language requirements. Accepted tests and minimum scores:
- IELTS (Academic): 7.0 overall (writing 6.5, speaking 6.5, reading 6.5, listening 6.5)
- TOEFL iBT: 91 (writing 23, speaking 22, reading 19, listening 19)
- PTE Academic: 72 (writing 65, speaking 66, reading 64, listening 64)
- Cambridge C1 Advanced: 178 (writing 180, speaking 187, reading 168, listening 168)
Exemptions available if undergraduate degree was taught and assessed entirely in English at recognized institution.
MBA Curriculum Overview
The 2-year program comprises 12.5 subjects: 10 core subjects, 6 electives, and 1 capstone. Core subjects include Leadership, Data Analysis, Managing People, Managerial Economics, Innovation Bootcamp, Managerial Ethics, Financial Accounting, Finance, Marketing, Operations, Business Strategy, and Immersive Business Experience. Electives allow specialization in areas like Entrepreneurship, Digital Strategy, Sustainability, and Mergers & Acquisitions. Students can accelerate completion or extend to 2 years for internships and exchange opportunities. Exchange program available in 23 countries through partner business schools.
University of Melbourne MBA Ranking
| Ranking Body | Rank | Year |
|---|---|---|
| QS Global MBA Rankings | #31 | 2026 |
| QS Oceania MBA Rankings | #1 | 2026 |
| Financial Times Global MBA Rankings | #97 | 2022 |
| Shanghai Jiao Tong University (SJTU) | #38 | 2026 |
Melbourne Business School is Australia's top-ranked MBA program and consistently ranks in global top 50. The program is AACSB and EQUIS accredited, ensuring international quality standards.
Scholarships for University of Melbourne MBA
| Scholarship | Value (AUD) | Value (INR) | Eligibility | Deadline |
|---|---|---|---|---|
| Melbourne India Postgraduate Scholarship | 40,000 | ₹26.56 lakhs | Indian nationals, merit-based | Varies |
| MBA Excellence Scholarship | 15,000-30,000 | ₹9.96-19.92 lakhs | Academic excellence, GMAT 700+ | Application deadline |
| Women in Leadership Scholarship | 20,000 | ₹13.28 lakhs | Female applicants, leadership potential | Application deadline |
| Diversity Scholarship | 10,000-25,000 | ₹6.64-16.60 lakhs | Underrepresented backgrounds | Application deadline |
Automatic consideration for most scholarships upon application. Some scholarships require separate applications by specific dates. Check Melbourne Business School website for current deadlines and eligibility criteria. Indian students are eligible for most merit-based and diversity scholarships.
Placements & Career Outcomes
| Metric | Data |
|---|---|
| Employment Rate (3 months post-graduation) | 96% |
| Average Starting Salary | AUD 130,000 (₹86 lakhs) |
| Salary Range | AUD 90,000-180,000 (₹59.77-1.19 crore) |
| Top Recruiting Industries | Finance, Consulting, Technology, FMCG |
| Top Employers | Deloitte, EY, McKinsey, Google, Amazon, Accenture |
Career Services include Personal Effectiveness Program (soft skills development), networking events with 76+ partner organizations, and individual career coaching. Graduates secure roles in management consulting, investment banking, corporate strategy, and entrepreneurship across Australia and internationally.
Return on Investment (ROI)
| Metric | Value |
|---|---|
| Total 2-Year Investment | ₹1.60 crore (tuition + living) |
| Average Starting Salary (AUD) | AUD 130,000 |
| Average Starting Salary (INR) | ₹86 lakhs |
| Salary Increase Post-MBA | 40-60% average |
| Break-Even Period | 2-3 years |
| 5-Year Cumulative Earnings | ₹4.31+ crore (conservative estimate) |
ROI is strong for Indian students seeking global career opportunities. Graduates working in Australia earn 2-3x more than India-based MBA graduates. Post-study work visa enables 3 years of high-earning potential before returning to India or pursuing permanent residency. Many graduates transition to senior management roles within 5 years, significantly increasing lifetime earnings.
Visa & Work Rights
Student Visa (Subclass 500): International students can work up to 48 hours per fortnight during semester and full-time during official breaks. Minimum wage is AUD 23.23/hour (₹1,542/hour).
Post-Study Work Visa (Subclass 485): Upon graduation, eligible graduates receive 3-year Temporary Graduate Visa with unrestricted work rights. This allows full-time employment in any field, enabling career exploration and potential permanent residency sponsorship by employers.
Permanent Residency Pathway: MBA graduates can apply for PR through skilled migration (189/190/491 visas) if they meet points requirements (typically 65+ points). Work experience in Australia counts toward PR eligibility.
FAQs
Ques. Is GMAT mandatory for Indian students applying to University of Melbourne MBA?
Ans. GMAT or GRE is required for most applicants. However, applicants holding an undergraduate degree from an Australian or New Zealand university and not applying for scholarships are exempt. Indian students must submit GMAT/GRE scores unless they meet this specific exemption.
Ques. Can I work while studying the University of Melbourne MBA?
Ans. Yes. Student visa holders can work up to 48 hours per fortnight during semester and full-time during official breaks. Many students work part-time to offset living costs. Minimum wage is AUD 23.23/hour, making part-time work financially viable.
Ques. What is the job market like for Indian MBA graduates in Australia after graduation?
Ans. 96% of graduates secure MBA-level employment within 3 months. Indian graduates face no visa restrictions during the 3-year post-study work period and can work in any field. However, securing permanent residency sponsorship requires employer support and meeting points-based criteria. Many Indian graduates return to India after 2-3 years of work experience, significantly enhancing their career prospects and earning potential in India.
Important Alert
- Round 4 Application Deadline For 2026 Intake(off-shore) - May 25, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹3937159 (AUD 60192) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | ₹1308200 (AUD 20000) |
| Total Cost | ₹1308200 (AUD 20000) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | ₹3679313 (AUD 56250) |
| 2024 | ₹3487988 (AUD 53325) |
| 2021 | ₹3258399 (AUD 49815) |
Important Dates
| Event | Application Date |
|---|---|
| Round 2 Application Deadline For 2026 Intake | |
| Clemenger BBDO Scholarship Deadline | |
| Round 3 Application Deadline For 2026 Intake | |
| Round 4 Application Deadline For 2026 Intake(off-shore) | May 25, 2026 |
| Round 5 Application Deadline For 2026 Intake(on-shore) | Jul 27, 2026 |
Reviews
58 Reviews Found
Likes
- Diversity: We were a class of 40, coming from 13 countries. We all came from diverse industries- consulting, banking, tech, media, healthcare, etc. The average work ex was 5 years, but the range was 2-20 years. Diversity made learning fun & engaging.
- Curriculum: Practical course structure; the course did not focus on rote learning. Each subject had multiple live projects and we worked on them in syndicates. Operations' and Data Analysis' projects were two of the toughest ones!
- Alumni: MBS alums are some of the biggest names in Australia. Since there is no concept of campus placement in Australia, these alums are the primary source of jobs for students. Networking with these alums become extremely easy when you are in MBS.
Dislikes
- Career Support: Not at par with other leading global schools. The career services do help with connecting you to the right resources but do not take the pain of ensuring you get a job. Most top global MBAs work to get you a job. NOT THIS ONE.
- The UniMelb campus is super pretty with victorian architecture, greenery and great infrastructure. However, the MBS building is not as impressive. Its a small building with limited facilities. However, we can always access UniMelb if required
The admission process is simple:
1. Application: There is no fee to apply, unless you are shortlisted. After shortlist, you pay AUD100. I personally liked this since most B-schools charge $100 for applying.
2. GMAT/GRE: You need to get a competitive GMAT score. For Indians, anything above 700 should be fine. The higher you go, the better scholarship you will receive. There is no specific GMAT cutoff. The admission also depends on factors like application round, academics, previous experience, etc. 3. IELTS/PTE: Need a 6.5 or above in IELTS. This is basically a hygiene check. Pro Tip: If you have a high GMAT verbal, you can ask for IELTS waiver from the university. Although, after an admit, you will need to give IELTS for the visa process.
4. Interview: A single round of interview with the career services. It was a pretty casual conversation with basic behaviourial questions. The call was focused on setting realistic expectations from the MBA.
Scores Required
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Clemenger BBDO Scholarship | $50,000 | All Admitted Students |
| Ian Harper Scholarship for Excellence | 100% Tuition | International Student Visa Students |
Key Resources for Your Study Abroad Journey
Course Guides
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MBA in Australia Admissions: Deadlines- Round 1, 2, 3, Interviews, Decisions, Requirements
Programs Comparison
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| exam scores | GMAT - 560/800IELTS - 7/9PTE - 72/90TOEFL - 91/120 | GMAT - 600/800IELTS - 7/9PTE - 68/90TOEFL - 96/120 | IELTS - 6.5/9PTE - 58/90TOEFL - 79/120 | IELTS - 7/9TOEFL - 93/120 | GMAT - 550/800IELTS - 6.5/9PTE - 64/90TOEFL - 87/120 | GMAT - 550/800IELTS - 6.5/9PTE - 58/90TOEFL - 79/120 | IELTS - 6.5/9 | GMAT - 560/800IELTS - 7/9PTE - 72/90TOEFL - 91/120 | Duolingo - 120/160GMAT - 600/800IELTS - 6.5/9TOEFL - 92/120 | - | IELTS - 7/9PTE - 64/90TOEFL - 94/120 | Duolingo - 145/160GMAT - 730/800GRE - 326/340IELTS - 7.5/9PTE - 75/90TOEFL - 109/120 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Dec 1, 2025 (Round 1 Application Deadline For 2026 Intake) Feb 2, 2026 (Round 2 Application Deadline For 2026 Intake) Mar 25, 2026 (Clemenger BBDO Scholarship Deadline) Mar 30, 2026 (Round 3 Application Deadline For 2026 Intake) May 25, 2026 (Round 4 Application Deadline For 2026 Intake(off-shore)) Jul 27, 2026 (Round 5 Application Deadline For 2026 Intake(on-shore)) | Nov 2, 2025 (Round 5 Application Deadline For 2026 Intake) Dec 7, 2025 (Round 6 Application Deadline For 2026 Intake) Jan 26, 2026 (Round 7 Application Deadline For 2026 Intake) | - | May 15, 2026 (First Application Deadline For Fall 2026 Intake) Feb 11, 2026 (First Application Deadline For Fall 2026 Intake) | Nov 30, 2025 (Semester 1 Application Deadline for 2026 Intake) May 31, 2026 (Semester 2 Application Deadline for 2026 Intake) | Jul 22, 2026 (Semester 2 Application Deadline For 2026 Intake) | - | Dec 1, 2025 (Round 1 Application Deadline For 2026 Intake) Feb 2, 2026 (Round 2 Application Deadline For 2026 Intake) Mar 25, 2026 (Clemenger BBDO Scholarship Deadline) Mar 30, 2026 (Round 3 Application Deadline For 2026 Intake) May 25, 2026 (Round 4 Application Deadline For 2026 Intake(off-shore)) Jul 27, 2026 (Round 5 Application Deadline For 2026 Intake(on-shore)) | Mar 30, 2026 (Registration deadline For April 2026 intake) Jun 22, 2026 (Registration deadline For July 2026 intake) Sep 28, 2026 (Registration deadline For October 2026 intake) Dec 14, 2026 (Registration deadline For January 2027 intake) Mar 16, 2026 (Application Deadline For April 2026 intake) Jun 8, 2026 (Application Deadline For July 2026 intake) Sep 7, 2026 (Application Deadline For October 2026 intake) Dec 2, 2026 (Application Deadline For January 2027 intake) | - | Nov 6, 2025 (Application Deadline for Term 3 Grouped round 1 2026 Intake) Dec 25, 2025 (Application Deadline for Term 3 Grouped round 2 2026 Intake) Feb 12, 2026 (Application Deadline for Term 3 Grouped round 3 2026 Intake) | Sep 3, 2025 (Round 1 Application Deadline for Fall 2028 Intake) Dec 10, 2025 (Round 1 Application Decision for Fall 2028 Intake) Jan 5, 2026 (Round 2 Application Deadline for Fall 2028 Intake) Mar 25, 2026 (Round 2 Application Decision for Fall 2028 Intake) |
| cost to study | - | Total Cost (Tuition + Living) -INR 5534013.05 | Total Cost (Tuition + Living) -INR 7524766.4 | - | - | Total Cost (Tuition + Living) -INR 5274662.4 | Total Cost (Tuition + Living) -INR 3296664 | - | Total Cost (Tuition + Living) -INR 853600.5 | - | - | Total Cost (Tuition + Living) -INR 5828554.28 |
| application | - | - | - | - | - | - | - | - | - | - | # 46 Admissions | - |
| - | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison |
College Student Profiles
Options Available
| Program | Delivery Type | Duration | Program Type | Tuition Fees |
| Master of Business Administration [M.B.A]/Master of Marketing | full time | 2 years | on-campus, dual_degree | ₹3499696.64 |
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| MSD International Scholarships 2020 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCollege-Specific | |
| Melbourne Graduate Research Scholarships | Scholarship per student₹ 88.3 L/Yr$135,000 | Level Of StudyDoctorate | TypeCollege-Specific | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| FINCAD Women in Finance Scholarship | Scholarship per student₹ 13.1 L/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student₹ 1.3 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
 E.M.B.A, University of Melbourne18 months | -- | INR 78.3 L/Yr AUD 119,700 /Yr |
|
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