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Monash University MBA Fees, Eligibility, Admission & Deadlines

Melbourne, VictoriaLocation

UniversitySchool type

Estd1958established year

49728enrollment

Public

Partner [24 Courses]

7.5/10

41 reviews

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Master of Business Administration [M.B.A]

2 years

Full Time

On Campus

Field of Study:

Management,

Business and Management

7.5 1 Review | Ranked #44 out of 1502 by THE Global Ranking 2023

$36,040 /Yr

A$53,000 /Yr

1 Students Applied

1 Students Admitted

The Monash University MBA program is meticulously crafted to address the leadership and career development needs of ambitious young professionals who possess a minimum of three years of business experience
This program adopts a strategic and practice-based approach to management development
The MBA program prides itself on bringing together a diverse cohort of international and local students from various professional and cultural backgrounds
The curriculum is designed to empower experienced professionals to enhance their leadership and strategic management skills while specializing in a key business area of your choice
The program focuses on advancing participants' leadership journey and expanding their professional skills to take control of their career trajectory
The Monash University MBA ensures that participants are well-prepared for their future, whether it lies in traditional sectors like government, finance, education, or health, or high-growth fields like artificial intelligence, renewable energy, big data analytics, or cybersecurity
Also, this program provides the strategic skills, industry connections, and digital edge necessary for career advancement and future readiness

Event	Application Date
Semester 2 (July)	Jul 1, 2024
Semester 1 (March)	Mar 1, 2025

Tuition Fees

Year	1st Year Fees
Tuition Fees	$36040 (AUD 53000)

Other Expenses

Head	Avg Cost Per Year
Housing	$5849 (AUD 8601)
Food	$9923 (AUD 14592)
Transportation	$1149 (AUD 1689)
Total Cost	$16921 (AUD 24882)

Eligibility & Entry Requirement

Acceptance Rate	40%
Academic Requirement	Applicants must have completed an Australian bachelor's degree or equivalent qualification from a recognized institution with 65% in the final years of the program. Applicants must have an average GPA of 3.0 on a 4.0 scale.
Work Experience	Minimum of three years of work experience (total) with at least one year of professional/managerial experience.
Average GMAT/GRE Score	GMAT : 650
English Language Proficiency Score	TOEFL iBT - 79 \| IELTS - 6.5 \| PTE - 58
Documents Required	Academic Transcripts with full details of subjects from every post-secondary institution attended. Two recommendation letters (recommendation should be from a professional person who has supervised the applicant's work and assessed his/her performance) Statement of Purpose (explanation of why you are interested in the course preferred) Current Resume/CV (includes academic experience, work experience, memberships in professional associations, and volunteer and community activities) Proof of English Language Proficiency Scores Evidence of citizenship or residency
Application Fee	AUD 100 (INR 5402)
Applications Deadline	March 31st, 2024
Decision Time	Within 20-30 days
Interview	Shortlisted applicants will be invited for an interview, which may be conducted in person, over the phone, or online.

Scores Required

79 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

58 / 90

Avg. Score in

PTE

650 / 800

Avg. Score in

GMAT

Ranking

2024202320222021

Management 51 out of 550 in Global Ranking

( #4 out of 22 in Australia 2024)

Similar Programs

Program	Important Date	Total Fees	Median Exams Score	Action
Master of Environment and Sustainability Corporate Environmental and Sustainability Management, Monash University 2 years	--	USD 35,020 /Yr AUD 51,500 /Yr	TOEFL: 79 IELTS: 6.5 PTE: 58 GRE: 304

Course Guides

Permanent Residency Courses in Australia: Eligibility, Top Courses, Scope & Fees 2024

Career and Placement after Course

Job Offers Received	94%
Some Recruitment Industries	Technology \| Consulting \| Financial Services \| Healthcare \| Marketing \| Operations
Top Employers	McKinsey & Company \| Bain & Company \| Macquarie Group \| Amazon Web Services
Career Outcomes	Finishing a mba program from the monash university will put you on track for career success in a variety of roles: Healthcare Administrator \| Information Systems Manager \| Operations Research Analyst \| Business Operations Manager
Avg. Duration to Get Placed	Within 3-month after graduation
Average Base Salary	AUD 105000 (INR 5507533)
Notable Alumni	Annie Lim- Global HR leader \| Jonathan Byrt – Founder of memobottle \| Sarah McCann-Bartlett- The Australian HR Institute’s chief executive officer and managing director

Scholarship Grants & Financial Aids

Name	Scholarship Per Student	Level of Study	Type
Monash International Merit Scholarship	Scholarship per student$ 34,000/Yr$50,000	Level Of StudyBachelor	TypeCollege-Specific	View Details
Monash International Leadership Scholarship	Scholarship per studentVariable Amount	Level Of StudyBachelor	TypeCollege-Specific	View Details
Bharat Petroleum Scholarship	Scholarship per studentVariable Amount	Level Of StudyMaster	TypeMerit-Based	View Details
Australia Awards Scholarship	Scholarship per studentVariable Amount	Level Of StudyBachelor	TypeMerit-Based	View Details
Australian Government Research Training Program	Scholarship per student$ 16,536/Yr$24,318	Level Of StudyDoctorate	TypeMerit-Based	View Details
BrokerFish International Student Scholarship	Scholarship per student$ 680/Yr$1,000	Level Of StudyBachelor	TypeMerit-Based	View Details

College Student Profiles

Programs Comparison

	Monash University (M.B.A )	The University of Queensland (M.B.A )	La Trobe University (M.B.A )	University of Nottingham (M.B.A Finance)
ranking	# 51 for Management by QS World University 2024 # 44 for Management by Times Higher Education 2023	# 57 for Management by QS World University 2024 # 53 for Management by Times Higher Education 2023	# 351 for Management by QS World University 2024 # 251 for Management by Times Higher Education 2023	# 101 for Finance by QS World University 2024 # 130 for Finance by Times Higher Education 2023
application	# 40 % Acceptance Rate	-	-	-
why to opt?	The Monash MBA is a two-year program. It involves experience-based modules, live consulting projects, industry engagement and study with leading international business schools. The Monash MBA is led by experienced professors and industry practitioners who bring their knowledge and insight into the classrooms and applied projects.	The MBA will prepare you for the next step in your career – whether that's a promotion, transitioning industries or starting your own business.	With global communities facing challenges of increasing complexity and urgency, we need confident and experienced professionals who can leverage the latest innovations and provide ethical governance. We need leaders in every industry who make decisions not just for today’s generation – but for tomorrow’s. If you're ready to become a global leader, La Trobe's prestigious Master of Business Administration (MBA) will give you the world-class skills to advance your career, move into a new field or launch your own start-up. Tap into La Trobe's exclusive network of powerful business leaders and develop the essential experience to become an influential modern leader.	This intensive, one-year MBA will help you develop key theoretical concepts, learn how to adapt and use your skills in a practical business environment, and stand out in the competitive job market. This course is 4^th best in the UK market.
exam scores	GMAT - 650/800 IELTS - 6.5/9 PTE - 58/90 TOEFL - 79/120	IELTS - 6.5/9 PTE - 64/90 TOEFL - 87/120	IELTS - 6.5/9 PTE - 56/90 TOEFL - 79/120	GMAT - 640/800 GRE - 320/340 IELTS - 7.0/9 PTE - 65/90 TOEFL - 100/120
cost to study	Total Cost (Tuition + Living) -USD 20644.8	Total Cost (Tuition + Living) -USD 57560.64	Total Cost (Tuition + Living) -USD 28288	Total Cost (Tuition + Living) -USD 19516
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
application dates	-	Nov 30, 2024 (Application Deadline for 2025 Intake Semester 1) May 31, 2025 (Application Deadline for 2025 Intake Semester 2)	Jun 21, 2024 (Application Deadline For 2024 semester 2) Jan 22, 2025 (Application Deadline For 2025 semester 1)	Aug 5, 2024 (Application Deadline For 2024 Intake) Aug 19, 2024 (Application Deadline For 2024 Intake)
Admission Criteria/Better to Have	-	Four years full-time work experience post-graduation, including at least two of the four years in a dedicated management role Bachelor degree or equivalent with a GPA of at least 4.50 on a 7-point scale OR Graduate Diploma in Business Administration from UQ or equivalent with a GPA of at least 4.50 on a 7-point scale International applicants must complete the Graduate Management Admissions Test (GMAT) with a minimum score of 550	-	Admission to the full-time MBA requires at least three to five years of post-graduation full-time work experience that includes some management experience.
	-	Read Full Comparison	Read Full Comparison	Read Full Comparison

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41 Reviews Found

Nikhil

Monash University( Enrolled 2020 )M.B.ANovember 20, 2021

7.5 /10

EXCELLENT

I have prepared ILETs first from the ptk coaching institute there my teachers prepared me for the coaching and then I finally pass the IELTS exam and then I got the chance to get admission in this institution.

academic: 7/10

faculty: 7/10

infrastructure: 7/10

accomodation: 8/10

placement: 8/10

extracurricular: 8/10

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