University of Melbourne MBA Review 2025: Fees, Ranking, Eligibility & Career Outcomes
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University of Melbourne MBA Review Overview
The University of Melbourne MBA Review is more than just a business degree ,it’s a career-defining experience tailored for future global leaders. Consistently ranked among the top MBAs in the world, this prestigious program has a proven record of producing senior executives who thrive across private, public, and government sectors.
The Melbourne Business School’s Full-time MBA offers an immersive, skills-focused curriculum designed to equip you with practical business acumen, leadership confidence, and the agility to succeed in a fast-changing global economy. With the flexibility to choose between an accelerated one-year track or a comprehensive two-year program with extended time for internships and global exchange , you gain more than just the traditional MBA toolkit.
What sets the Melbourne MBA apart is its unique Personal Effectiveness Program, a core component that develops your leadership mindset, adaptability, and resilience through real-world business challenges and mentoring by top industry leaders. You’ll engage in hands-on projects, work closely with CEOs, and build a powerful network of ambitious, like-minded peers.
All this, while living in Melbourne - one of the world’s most liveable cities - offering a multicultural, globally connected environment with close access to the dynamic Asia-Pacific market.
Whether you're looking to pivot your career, accelerate growth, or gain global exposure, the University of Melbourne MBA will transform the way you lead, think, and impact the world.
Now , Let's deep dive into University of Melbourne MBA Review
Entry requirements
To be considered for entry into this course, you must have:
An undergraduate degree, AND
At least two (2) years of documented professional work experience, AND
A GMAT/GMAT Focus Edition or GRE score*. As a guide, recent students have achieved an average GMAT of 695 or higher.
*Applicants who hold an undergraduate degree awarded from an Australian or New Zealand university, and do not wish to apply for scholarships, are not required to have a GMAT/GMAT Focus Edition/GRE.
You must submit:
An up-to-date curriculum vitae (CV)
Four personal statements relating to your goals and how you can contribute to the program
Evidence of all qualifications completed and incomplete including academic transcripts with grading schema.
A valid passport or verified document showing current citizenship / residency status
The names and contact details of two professional referees.
All applicants to the University of Melbourne must satisfy the English language requirements. This may be achieved in a number of ways, including recognised previous study taught and assessed entirely in English or an approved English language test. If you need to undertake an English language test, you must meet one of the scores* below:
IELTS: Academic English test with a minimum score of 7.0 overall and with no individual band less than 6.5
TOEFL: Minimum score of 102 (written score minimum 24 and no individual score lower than 21)
Pearson: 72 + written communicative skill of 65 and no other communicative skill below 64
Cambridge: N/A
*Accepted tests: IELTS (Academic English Only); TOEFL Internet-based test; Pearson Test of English Academic; Cambridge English: Advanced/Certificate of Advanced English (CAE). If a test displays N/A, it means it is not accepted for this course.
The University of Melbourne assesses MBA applications holistically, considering multiple factors beyond academics.
Key evaluation criteria include:
Previous academic studies and overall performance
Professional experience and career achievements
Personal statements and motivations
Letters of recommendation or references
The selection committee may ask for additional documents or clarification as needed.
You’re welcome to include any extra information that could strengthen your application.
Meeting the minimum entry requirements does not guarantee admission.
Shortlisted applicants will be invited to an interview.
The interview is a critical part of the process, helping assess your leadership potential, communication skills, and program fit.
It is a university requirement that applicants provide evidence that they meet the published entry requirements. Uncertified documentation does not provide this evidence; however, we accept uncertified documents for the purpose of selection, and reserve the right to request your original certified documentation at any time.
This course is run by Melbourne Business School Ltd. Learn more .
Course Structure
Full-time MBA goes beyond the traditional curriculum of case studies and core disciplines. It includes opportunities to apply what you learn in class to real business problems through internships, Capstone projects and subjects that stretch your business acumen and creativity.
Innovation Bootcamp – Tests your entire skillset in a shark-tank scenario. You and your team brainstorm and market-test an idea and turn it into a viable business model. You then pitch to a panel of entrepreneurs to gain the confidence to disrupt markets and organisations anywhere.
Student Experience
At Melbourne Business School, you'll learn from top academics from around the world in small, interactive classes where faculty are accessible and supportive throughout your studies.
The campus is located just a short tram ride from central Melbourne and offers vibrant communal spaces, with nearby accommodation options for convenience.
You’ll also have access to a wide range of electives, co-curricular programs, and regular industry networking events to support both personal and professional growth.
Career Outcomes
When you join Melbourne Business School, you join a community of over 17,000 influential leaders who make up our global alumni community and occupy senior positions in corporates, not-for-profits and governments around Australia and the world.
Whether leading World Vision, optimising investment decisions at BHP, consulting for Bain &Co, running Melbourne Health or launching a medical device start-up like NAVi Medical Technologies, our graduates are making a difference.
The support you gain from your cohort, Faculty, Careers team and our well-connected alumni community will give you an edge throughout your career.
Fees & Scholarships
The total fee for the Full-time MBA (2025 intake) is AUD $112,500.
This covers all tuition and program-related costs across two years.
Fees can be paid in instalments.
If you're offered admission, a deposit is required to secure your spot—this amount is deducted from your first instalment.
Financial Support
FEE-HELP is available for eligible Australian citizens and some permanent residents.
Other Costs
International students:
Please budget for Study visa fees and charges.
You must also obtain Overseas Student Health Cover (OSHC) for the duration of your stay in Australia. Melbourne Business School has selected Bupa as its preferred OSHC provider^.
The Costs are:
AUD $1,625* (Singles cover)
AUD $6,161* (Couples/Single Parent cover)
AUD $10,417* (Family cover)
MBS receives a benefit for Bupa OSHC policies purchased through the school.*Premiums quoted as at 30 June 2024.
Alternatively, you can choose to purchase OSHC from an approved Australian health insurance provider. You will need to contact the provider directly to set up your policy with them.
Scholarships
They have a wide range of scholarships available to support your study at Melbourne Business School.
Scholarships encourage diversity, provide opportunity and reward talent.
When you apply for specific programs, you will automatically be considered for the scholarships available for that program. There are however certain scholarships where you need to make a separate application by a certain date.
For more information, visit our Scholarships page.
How to Apply
Application Process
Start your application to understand the full list of requirements and prepare your documents
You can book a meeting with the admissions team to learn more about the program
Submit your completed application before the official deadline
GMAT/GRE is not required if you’re a graduate of an Australian or New Zealand university and not applying for scholarships
If shortlisted, you’ll be invited to a compulsory interview (20–30 minutes), held in person or via Zoom
A selection committee will review your profile and aims to build a diverse cohort based on:
Gender balance
Industry and academic background
Nationality and region (with limits on applicants from any single region)
Successful applicants will be notified via email—your offer may also include a scholarship
Unsuccessful applications won’t be reconsidered in later rounds.
The committee does not provide individual feedback on unsuccessful applications due to the volume received
Application Deadlines
Closing dates for our September 2025 intake are as follows:
Early Round: 30 September 2024
Round 1: 25 November 2024
Round 2: 3 February 2025
Round 3: 31March 2025
Round 4: 26 May 2025 (final off-shore international closing date)
Round 5: 14 July 2025 (final on-shore international and domestic closing date)
The deadline for all applications is 11.59pm AEST.
Late applications may be considered on a case-by-case basis. Please contact us for further advice.
Outcomes are advised approximately 4-6 weeks after the application round closing date.
Application Requirements
Entry is highly competitive; meeting minimum criteria doesn’t guarantee admission
A good GMAT/GMAT Focus or GRE score is recommended (recent students averaged 695+)
GMAT/GRE is not required for Australian/NZ university graduates who aren’t applying for scholarships
At least 2 years of professional work experience shown in an up-to-date CV
Official academic transcripts, including postgraduate (originals or certified copies may be required later)
Proof of citizenship or residency (e.g., passport, birth certificate, or visa)
Four personal statements about your goals and how you’ll contribute to the program
Contact details of two professional referees (confidential)
Strong English language skills:
IELTS: Overall 7.0 (no band below 6.5)
TOEFL iBT: Minimum 102 (writing 24+, no section below 21)
PTE: Overall 72+ (writing 65+, no skill below 64)
Uncertified documents can be submitted for selection, but certified ones may be requested later
You can include extra information to support your application
The school may request additional documents if needed
For visa info, check the Australian Department of Home Affairs website
FAQ's
What is the GMAT score required for the University of Melbourne MBA?
While there’s no official minimum, recent students had an average GMAT score of 695 or higher. Some applicants (e.g., Australian/NZ university graduates not applying for scholarships) may be exempt from this requirement.
What is the total cost of the Melbourne MBA program?
The full-time MBA program costs AUD $112,500 for the 2025 intake. This can be paid in instalments and does not include living expenses, visa charges, or health cover.
Is work experience required for admission into the Melbourne MBA?
Yes, applicants must have at least 2 years of professional work experience to be considered for the program.
What are the English language requirements for international students?
International applicants must submit valid English proficiency test scores, such as:
IELTS: 7.0 overall (no band below 6.5)
TOEFL iBT: 102 overall (writing 24+, no section below 21)
PTE: 72+ overall (writing 65+, no skill below 64)
