Full-time MBA
Australia's top-ranked MBA in an immersive format that will develop your full potential to succeed.
Full-time MBA Program Overview
Change the way you think about business with an MBA designed for maximum career impact.
Our Full-time MBA attracts students from across the world, who want a challenging and practical experience in the heart of Australia's most vibrant city.Designed with a focus on practical skills for any business application, our full-time MBA is ranked best in Australia by the QS Global MBA Rankings and offers a breadth of knowledge, tools and opportunities to apply what you learn in a real-world setting.
You can choose to study over two years, embracing the full MBA experience or accelerate your pace to move through your subjects quicker allowing more time for internships, exchange opportunities and career development.
Why a Full-time MBA at Melbourne Business School?
#1 MBA in Australia
Melbourne Business School
QS Global MBA Rankings, 2026
#31 MBA Degree in the World
Melbourne Business School
QS Global MBA Rankings, 2026
World-leading Faculty
Student Experience
People come to Melbourne Business School because they want to study with the best.
We attract some of the brightest academics from around the world, who teach in class sizes much smaller than their colleagues overseas and are accessible to you throughout your studies.
Our campus is just four tram stops from the centre of Melbourne and has vibrant communal areas with accommodation available nearby.
We offer opportunities for self-development via a wide range of electives, co-curricular activities, and host regular industry networking events.
Graduation at Melbourne Town Hall
Success Stories
"It was a great networking opportunity for me to really kickstart my career."ALESSA BALANE
"My cohort of students came from 21 different countries. It's probably the most diverse class you could get for an MBA program."AMARACHI NNAH-OGBONDA
"I wanted to move abroad to get a more international experience because it opens your perspective, and I attribute a lot of my success to it."AMIR SANDLER
Subjects and Structure
Core Subjects
Leadership
Build leadership capability by developing your intrapersonal (self-awareness, self-management) and interpersonal (social awareness, social influence) skills.
You will explore theoretical concepts and perspectives alongside practical individual and group exercises to prepare you for the challenges of leading in a complex environment.
Data Analysis
Gain the core skills to extract information from data in order to understand business processes and make better managerial decisions.
You will learn quantitative analysis, analytical thinking and ways to measure and improve performance, which will build a framework for solving complex business problems and the foundation for advanced MBA subjects.
Managing People
Acquire the analytical skills to identify, diagnose and solve people-related challenges in organisations.
You will use tools to examine different theoretical concepts and perspectives that underlie behaviour to improve organisational, group and individual outcomes in a practical manner.
Managerial Economics
Discover the economic principles that underlie nearly all business functions, including finance, marketing, negotiations, accounting and strategy.
You will discover tools and ways of thinking for assessing and evaluating different business options, understanding competition and different market structures, pricing new products, and negotiating winning deals.
Innovation Bootcamp
Take part in an intense, week‐long introduction to the concepts and techniques for innovating in small and large firms.
You will harness your creativity and lateral thinking for a hands-on team project where you will plan, strategise and develop an entrepreneurial business idea to then pitch to a panel of industry judges.
Managerial Ethics and the Business Environment
Find out how the societal context affects organisations and their strategies, as well as why managerial ethical problems frequently arise in the business context.
You will learn to evaluate business decisions by considering various stakeholders – appraising an organisation's obligation to them – and the moral reasoning frameworks that can help you be more aware of ethical pitfalls in a reflective and deliberate fashion.
Financial Accounting
Learn to interpret and analyse financial statements in order to extract useful information for better decision-making and assessing the financial health of an organisation.
Accounting is the “language of business”, and what you learn in this subject is essential for successfully completing other MBA subjects such as Finance, Business Strategy and Mergers and Acquisitions.
Finance
Establish a solid foundation for valuing financial assets and selecting and managing investment projects.
You will discover how to manage a firm to increase the wealth of shareholders, subject to fulfilling contractual and legal obligations to relevant stakeholders.
Marketing
Learn to manage market demand using proven demand‐side strategies.
You will learn to recognise, create, grow and protect market‐based assets that influence demand and how marketing investments help develop and translate market‐based assets into outcomes that ensure an organisation’s long‐term survival and success.
Immersive Business Experience
Students gain practical experience by working in teams in leading partner organisations to solve real business problems. Each project integrates academic learning with the practical challenges of applying your studies in a real organisation.
Operations
Discover the tools and frameworks to understand the role that the operations function plays in a firm’s ability to compete effectively in the marketplace.
You will focus on the design, management and continuous improvement of the business processes that help firms exceed customer expectations along measures such as cost, quality, flexibility and innovation.
Business Strategy
Explore the challenges of various well-known businesses and discover the frameworks that will allow you to understand and explain what strategy is and how strategy is optimised.
You will learn to diagnose and solve strategic business problems, organise the roles of values, clearly articulate the purpose for a strategy and plan against disruption.
MBA Capstone (6.25 = 0.5 subject)
In this final subject, you will revisit and consolidate the learnings from throughout your MBA journey as you prepare for what lies ahead in your career.
As you reflect on your MBA experience, we’ll look ahead to your future career aspirations, commitments, and transitions. This will serve as an opportunity to engage in extensive personal reflection and will provide you with tools to help navigate your career as it unfolds over the coming years.
(This subject marks the completion of your MBA.)
Flexible Length
The program pace can be tailored to match your needs. Study over two years embracing the full MBA experience or accelerate your pace to move through your subjects quicker allowing more time for internships, exchange opportunities and career development. To find out more, download the Full-time MBA brochure.
Elective Subjects
Students will complete six elective subjects as part of the program. View all MBA Elective Subjects.
Exchange Program
Broaden your global network beyond the diversity you'll find in the Melbourne Business School classroom by studying part of your MBA in another country.
We have the world covered with a network of business school partners, offering unique MBA programs in 23 countries.
View the full list on our MBA Exchange Program page.
Meet With Us
The best way to learn more about studying at Melbourne Business School is to attend an upcoming information session or book a one-on-one conversation with our recruitment team.
We hold sessions monthly, providing a comprehensive overview of everything you need to know about the program, along with an opportunity to participate in a group Q&A session. After this, if you need more specific information on subjects and study materials, campus life or assistance with your application, please book a one-on-one session. We are available to meet in person at our Carlton Campus or online.
Career Services
Our Personal Effectiveness Program will help you build the soft skills, knowledge and attributes you need to compete and succeed in every job market.
By partnering with leading organisations, our Career Services can connect you to top-tier firms in Australia and around the world.
Our career coaches help develop your job-hunting skills, maximise your future opportunities and increase your chances of success.
Investment
Program Fee
The program fees for the Full-time Master of Business Administration 2026 academic year are:
- Domestic: AUD $112,536
- International: AUD $120,384
Fees are paid per module in advance.
FEE-HELP
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 $1,706* (Singles cover)
- AUD $6,899* (Couples/Single Parent cover)
- AUD $11,458* (Family cover)
^MBS receives a benefit for Bupa OSHC policies purchased through the school.
*Premiums quoted as at 30 June 2025.
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
We have a wide range of scholarships available to support your study at Melbourne Business School.
Our 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.
Entry Requirements
Admission Criteria
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.
English Language Requirements
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 only): Overall score of 7.0 (with no individual band less than 6.5).
- TOEFL Internet-based test: Overall score of 91 (with writing 23; speaking 22; reading 19; listening 19).
- Pearson Test of English Academic (PTE): Overall score of 72 (with writing 65; speaking 66; reading 64; listening 64).
- Cambridge C1 Advanced: Overall score of 178 (with writing 180; speaking 187; reading 168; listening 168).
- LanguageCert Academic: Overall score of 73 (with writing 71; speaking 76; reading 65; listening 62).
- Michigan English Test (MET): Overall score of 62 (with writing 64; speaking 53; reading 59; listening 59).
About Selection
When assessing applications, the Selection Committee will consider your previous studies, academic performance, professional history, references and your personal statements. The Selection Committee may request additional information to clarify any aspect of an application, according to the University’s Academic Board rules regarding selection instruments. You are also welcome to supply additional information that you believe will strengthen your application.
Additional considerations:
- The Selection Committee aims to select a cohort that reflects gender balance and a diverse representation of industries, academic backgrounds and nationalities. Restrictions may be placed on the number of students from any one region.
Meeting the published entry requirements for this course does not guarantee selection.
If your application is shortlisted, you will be invited to attend an interview, which will also be used to assess your application.
Additional Information
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.
- The Australian Department of Home Affairs is responsible for issuing visas for entry to Australia. Please refer to the department's immigration and citizenship webpages for information about visas.
Frequently Asked Questions
For more information about entry requirements, applications, scholarships, international study and program options, ask our MBS chatbot or visit our Full-time MBA Program FAQ's page.
For personalised advice, you can also contact our Recruitment Team:
p: +61 3 9349 8200
e: [email protected]
How to Apply
Application Process
Apply
- Meet with us to find out more about the School and program.
- Review entry requirements and eligibility.
- Gather your supporting documentation.
- Apply and submit your application by the application closing date.
After you apply
All communications related to your application, including requests for additional information and application outcomes, will be sent to the email address you registered for your application. We may also contact you by phone if needed. To avoid delays, please upload requested information as soon as possible.
Interview
Shortlisted applicants will be invited to attend a compulsory interview conducted online or in person on campus (at request). The interview will last approximately 20 to 30 minutes.
Outcome
The Selection Committee reviews all applications and makes the final decision. Outcomes are typically communicated via email within four (4) weeks of receiving a complete application.
Application Deadlines
Closing dates for our September 2026 intake are as follows:
Early Round: 6 October 2025
Round 1: 1 December 2025
Round 2: 2 February 2026
Round 3: 30 March 2026
Round 4: 25 May 2026 (final off-shore international closing date) - Extended 5 June 2026
Round 5: 27 July 2026 (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.
Apply Now
Program Enquiry
Fill out the form below with details of your enquiry and our team will respond to your request within three business days,
or call us on +61 3 9349 8200 or email [email protected]. Read our Privacy Policy.
Related Programs and Courses
Part-time MBA
Management
Part-time MBA
A flexible, top-ranked MBA with study options that make it easier than ever to get started.
Executive MBA
Management
Executive MBA
A focused and residential MBA program that prepares high-performing professionals for significant leadership roles.
Online MBA
Management
Online MBA
Australia's top-ranked MBA in an immersive format that will develop your full potential to succeed.
Developing Strategic Thinking and Action
Strategy & Transformation
Developing Strategic Thinking and Action
Developing Strategic Thinking and Action provides practical tools for shaping and implementing a strategy that will drive competitive advantage for your organisation.
