Melbourne Business School Degree Programs Full-time MBA (currently online)

Full-time MBA (currently online)

Australia's top-ranked MBA in an immersive format that will develop your full potential to succeed.

CRICOS Code: 0101669

Due to COVID-19 restrictions, this program is currently being delivered online. Virtual classes are held live as per our published timetable. Face-to-face teaching will resume when it is safe to do so, in line with relevant social distancing requirements.

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 fast-paced experience in the heart of Australia's most vibrant city.

With all the core subjects of a traditional MBA plus a range of advanced extras and overseas travel to Asia, it will empower you to become a truly global leader.

You can choose to study over one or two years, allowing more time for internships and exchange opportunities or the option to return to work as quickly as possible.

Student Experience

People come from all over the world to Melbourne Business School because they want to study with the best.

People come from all over the world to Melbourne Business School because they want to study with the best.

We attract some of the brightest academics in the field from institutions like Yale, Stanford and INSEAD, who teach in class sizes much smaller than their colleagues overseas.

Our campus is just four tram stops from the centre of Melbourne and has vibrant communal areas and accommodation for students who stay on-site during their classes.

We have a number of student clubs dedicated to areas including marketing, consulting and finance, and host regular industry networking events.

Subjects and Structure

Full-time MBA - Course structure

Core Subjects


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.

Financial Reporting & Analysis

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, Strategy and Mergers and Acquisitions.

People Management

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.

Economics for Managers

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.

Social Responsibility and Ethics

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.


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 Management

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.

Process and Operations Management

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.

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.

Corporate Financial Management

Discover how to address risk management, capital investment in foreign markets and corporate payout policy.

You will gain advanced financial management knowledge for funding a firm’s investments and using its resources efficiently.

Global Business Economics

Examine and come to understand the broader macroeconomic environment in which firms operate in and the variables that help firms perform effectively in the global economy.

You will gain frameworks to understand economic growth, inflation, unemployment, interest rates and exchange rates in a globalised world, and ways to consider how monetary and fiscal policies influence economic performance.

Management Accounting

Learn the fundamentals to making informed, value‐creating, managerial decisions.

You will be introduced to the finance know-how behind managerial internal-planning reports, decision‐making and performance evaluation.


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.

Business in Asia

In this field-study project, you will learn about current business practices in Asia and assess their implications for Australian companies.

The subject culminates with a 10-day trip to Asia, where you will conduct market research, visit companies to gain first-hand exposure to their practices and deliver a research report.

Entrepreneurial Mindset

Work with the leaders of an entrepreneurially driven company to understand and practice the ability to sense, act, and mobilise under conditions of extreme uncertainty.

You will form a team with classmates to explore an issue of high strategic-relevance and develop practical recommendations for the CEO, allowing you to practice your skills in presentation and negotiation.

Business in Complex Environments (Capstone)

Work in a syndicate group to complete a business simulation in which you manage a company.

The simulation requires you to apply and integrate the knowledge, skills and attributes that you have learned and developed on the MBA program.

Social Impact Consulting Project (Capstone)

Putting your acquired MBA knowledge and skills to the test, you will work in a syndicate group as a consultant to a social enterprise.

With your syndicate, you will help the enterprise clarify the root causes of their social problems and develop an appropriate strategy to address them. Once you receive the client brief, you will negotiate the scope of work, undertake research, analyse your data and produce a client report.

Flexible Length

The program can be completed in one or two years, giving you more time for internships and exchange opportunities or the option to return to work as quickly as possible. 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.

Want to take a deeper dive?

Download the brochure to find out more about studying a Full-time MBA at Melbourne Business School.

Download Brochure

Meet With Us

Let us answer your questions face-to-face.

Let us answer your questions face-to-face.

The best way to find out more about studying at Melbourne Business School is to speak with us. We can meet with you one-on-one at our Carlton Campus, or set up a video conference for an online face-to-face conversation. 

We can assist you with information on subjects and study materials, campus life, funding your course or any other areas you might be interested in. 

If you're interested in studying at Melbourne Business School, please contact us using the button below to arrange a time that suits you.

book a time

Career Management Centre

Students participating in the personal effectiveness program

Our Personal Effectiveness Program will help you build the soft skills, knowledge and attributes you need to compete and succeed in every job market.

Recruitment Partners

By partnering with leading organisations, our Careers Management Centre can connect you to top-tier firms in Australia and around the world.

Individual coaching session at the hub

Our career coaches will help you develop your job-hunting skills, maximise your future opportunities and increase your chances of success.


Program Fee 

The program fee for our Full-time MBA is $89,500. This covers all program costs, including flights and accommodation for the Business in Asia field trip, and can be paid in instalments.

If you receive an offer of admission, a non-refundable deposit of $8,900 is required to hold your place. This deposit is offset against your first fee instalment after you accept your offer.


FEE-HELP is available for eligible Australian citizens and permanent residents.

Other Costs

International students:

  • Please budget approximately $650 for visas.
  • You must also obtain medical insurance for the duration of your stay in Australia. The cost is approximately $1,330 per year (based on 2020 prices; more for a couple or family) and is paid with your first fee instalment.


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.

You will automatically be considered for some scholarships when you apply, but for others you need to apply by a certain date.

For more information, visit our Scholarships page.

How to Apply

Application Process


  1. Commence an application to become familiar with the application process.
  2. Meet with us to find out more about the School and program.
  3. Sit the compulsory GMAT/GRE as early as possible. Your results are valid for five years.
  4. Complete and submit your application by the application closing dates.



Shortlisted candidates for each round will be invited to attend a compulsory interview, which can be conducted in person, over the phone or by teleconference. The interview will last approximately 20 to 30 minutes.



A selection committee will make the final decision on each applicant to achieve a cohort that reflects gender balance and a diverse representation of industries, academic backgrounds and nationalities. Restrictions are also placed on the number of students from any one region.

Successful applicants will be notified via email. The offer may include the award of a scholarship.

Please note that entry to this program is highly competitive and meeting the minimum entry criteria does not guarantee an offer to the program. Unsuccessful applications will not be reassessed in following rounds.

We appreciate that considerable time and effort are required to complete an application, however we will not comment on specific factors that may have led to the selection committee's final decision.

Application Deadlines

Closing dates for our August 2021 intake are as follows:


Application deadline

Round 1

31 August 2020

Round 2

31 December 2020

Round 3
(international closing date)

31 March 2021

Round 4
(domestic closing date)

30 April 2021

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.

Interviews are conducted approximately three (3) weeks after the round closing date and offers are issued approximately three (3) weeks after the interviews.

Application Requirements

For a successful application, you will need:

  • A good GMAT or GRE score – as a guide, recent students have achieved an average GMAT of 695 or higher.
  • An up-to-date CV showing a minimum of two (2) years’ work experience.
  • A copy of your undergraduate academic transcript and any postgraduate transcripts, if relevant.
  • A passport or verified document* showing current citizenship / residency status.
  • An excellent command of English, with a copy of your IELTS or TOEFL score* if you are a non-native speaker.
  • Personal statements relating to your goals and how you can contribute to the program.
  • The names and contact details of two professional referees.

You are also welcome to supply additional information that you believe will strengthen your application. The School may also request additional information to assist the admission decision.


*Original or certified copies of these documents will need to be provided if you are successful in gaining admission to the program.

**IELTS: Academic English test with a minimum score of 7.0 overall and with no individual band less than 6.5
TOEFL iBT, with a minimum score of 102 (written score of 24+ and no individual score lower than 21)
PTE: English Academic PTE with a minimum score of 65 and no communicative skill below 65

Entry Requirements

  • A good GMAT/GRE score
  • A university degree
  • Two years' work experience
  • Two professional referees
  • English proficiency

For more information, visit our application FAQ's page.

Apply Now


August 2021
Round 1 applications close 31 August 2020

Program Enquiry

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