About Business

Choose your specialisation and advance your career potential with a Master of Business.

Are you a recent graduate wanting to become a business leader? The Master of Business is a forward-thinking, industry-focused degree that will develop your leadership and interpersonal skills, and transform the way that you operate in professional contexts.

Designed for recent graduates and young professionals, you will build practical skills and industry-based knowledge that is crucial in today’s complex and dynamic business environment.

Innovative and industry-focused course, the Master of Business has a strong emphasis on personal development, ethics, corporate governance and social responsibility. A key feature of the course is the professional development program, which will enhance your leadership and interpersonal skills and transform the way you operate in professional contexts.

The course addresses all facets of business development, and provides a solid foundation for those without business experience. It connects research and practice to make you a stronger communicator and problem-solver, and will broaden your understanding of management and business ethics.

The strong reputation of Monash Business School means our graduates are highly sought after, both in Australia and overseas. Graduates of the course pursue careers across the spectrum of business, including roles in human resources, management, marketing, science and commercialisation, project management, risk management or logistics.

You have the option to do a mix of units you’re passionate about and keep your studies broad (note: some units may have prior learning requirements), or you can choose units to tailor your study to a specific area of business.

Please select a specialisation for more details:

  • Business economics
  • Contemporary management
  • Entrepreneurship
  • Financial and risk management
  • International business
  • Marketing
  • Project management
  • Responsible business governance
  • Strategic communications management
  • Supply chain management

Entry Requirements

Qualifications

Entry level 1:
96 points to complete
Duration: 2 years full-time, 4 years part-time

An Australian bachelor degree or an equivalent qualification, or an approved pathway and achieved a Weighted Average Mark (WAM) of 60 or an equivalent GPA. Applicants will be ranked and selected based on their entire academic record.

Entry level 2:
72 points to complete
Duration: 1.5 years full-time, 3 years part-time

An Australian bachelor  degree (or equivalent) in a cognate discipline with a WAM of at least 60, or equivalent qualification and experience approved by the faculty.

OR

A four-year Australian bachelor honours degree (or equivalent) with a WAM of at least 60, or equivalent qualification and /experience approved by the faculty.

OR

Successful completion of a Monash University Graduate Certificate of Business

Entry level 3:
48 points to complete
Duration: 1 year full-time, 2 years part-time

An Australian bachelor degree (or equivalent) and an Australian graduate certificate (or equivalent) in a cognate discipline with a WAM of at least 60 in both qualifications, or equivalent qualification and experience approved by the faculty.

OR

An Australian bachelor honours degree (or equivalent) in a cognate discipline with a WAM of at least 60, or equivalent qualification and experience approved by the faculty .

English entry requirements

Level A

IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0Pearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21Equivalent approved English test

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

English Program Requirements

You can meet English entry requirements if you have completed an English subject in your prior secondary studies that is equivalent to an Australian Year 12 level (score requirements also apply). Acceptable English subjects for international qualifications are detailed in the prerequisite subject requirements section below. Other English subjects may be accepted and are assessed on a case by case basis.

English Requirements

  • Min IELTS: 7
  • Min TOEFL: 94
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Course Summary

Study level

Postgraduate

Discipline

Business and Management

Cricos

079669B

Duration

2 years

Study mode

On Campus

Fee*

A$50,000 per year
University Summary

AU Ranking: 6

QS Ranking: 55

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