Master of Business Administration [M.B.A]
Field of Study:
$21,384 /Yr
- 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
Important Dates
Event | Application Date |
---|---|
Semester 2 (July) | Jul 1, 2024 |
Semester 1 (March) | Mar 1, 2025 |
Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | $21384 (AUD 32400) |
Other Expenses
Head | Avg Cost Per Year |
---|---|
Housing | $5677 (AUD 8601) |
Food | $9631 (AUD 14592) |
Transportation | $1115 (AUD 1689) |
Total Cost | $16423 (AUD 24882) |
Eligibility & Entry Requirement
Acceptance Rate | 40% |
Academic Requirement |
|
Work Experience | Minimum of three years of work experience (total) with at least one year of professional/managerial experience. |
Average GMAT/GRE Score | GMAT : 650 |
English Language Proficiency Score | TOEFL iBT - 79 | IELTS - 6.5 | PTE - 58 |
Documents Required |
|
Application Fee | AUD 100 (INR 5402) |
Applications Deadline | March 31st, 2024 |
Decision Time | Within 20-30 days |
Interview | Shortlisted applicants will be invited for an interview, which may be conducted in person, over the phone, or online. |
Scores Required
Similar Programs
Program | Important Date | Total Fees | Median Exams Score | Action |
---|---|---|---|---|
USD 33,990 /Yr AUD 51,500 /Yr |
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Course Guides
Career and Placement after Course
Job Offers Received | 94% |
Some Recruitment Industries | Technology | Consulting | Financial Services | Healthcare | Marketing | Operations |
Top Employers | McKinsey & Company | Bain & Company | Macquarie Group | Amazon Web Services |
Career Outcomes | Finishing a mba program from the monash university will put you on track for career success in a variety of roles: Healthcare Administrator | Information Systems Manager | Operations Research Analyst | Business Operations Manager |
Avg. Duration to Get Placed | Within 3-month after graduation |
Average Base Salary | AUD 105000 (INR 5507533) |
Notable Alumni | Annie Lim- Global HR leader | Jonathan Byrt – Founder of memobottle | Sarah McCann-Bartlett- The Australian HR Institute’s chief executive officer and managing director |
Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
Monash International Leadership Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
Monash International Merit Scholarship | Scholarship per student$ 33,000/Yr$50,000 | Level Of StudyBachelor | TypeCollege-Specific | |
Go Clean Scholarship | Scholarship per student$ 2,310/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
Axol Science Scholarship | Scholarship per student$ 1,320/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
ASID Foundation Legacy Scholarships | Scholarship per student$ 2,640/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
Collegedunia $150 Scholarship Program | Scholarship per student$ 99/Yr$150 | Level Of StudyBachelor | TypeMerit-Based |
College Student Profiles
Programs Comparison
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 4th best in the UK market. |
exam scores | GMAT - 650/800IELTS - 6.5/9PTE - 58/90TOEFL - 79/120 | IELTS - 6.5/9PTE - 64/90TOEFL - 87/120 | IELTS - 6.5/9PTE - 56/90TOEFL - 79/120 | IELTS - 6.0/9PTE - 65/90TOEFL - 80/120 |
cost to study | Total Cost (Tuition + Living) -USD 20037.6 | Total Cost (Tuition + Living) -USD 55867.68 | Total Cost (Tuition + Living) -USD 27456 | Total Cost (Tuition + Living) -USD 18942 |
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 4, 2025 (Application Deadline For 2025 Intake) |
Admission Criteria/Better to Have | - |
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