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Master of Business (Online)

Masters.
The University of Melbourne

37

in world overall ranking*

1

in local overall ranking*
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About the course

Melbourne Business School’s Master of Business is an online program designed to build broad foundations in business and economics alongside practical capability in core functional and operational areas. It focuses on developing agile, ethical management practice for dynamic business environments characterised by volatility, uncertainty, complexity and ambiguity. Students learn through a flexible digital learning environment with webinars, videos, articles and discussion forums, with guidance from academic and industry experts.

What you might learn

The course aims to develop adaptive and strategic leadership capabilities and strengthen management skills for leading teams and driving organisational change. Students build knowledge in talent and team management, stakeholder engagement, and complex decision-making in a digitised business context. It also aims to develop customer-centric leadership and sustainable, value-focused management, supported by effective resource and operations management.

Career outcome

Graduates can pursue management and leadership roles across private, public and not-for-profit sectors, particularly in environments requiring change leadership and strategic execution. The program supports careers in areas such as operations and service management, strategy execution, people and team leadership, and stakeholder/customer experience management. It is suited to professionals seeking to upskill for progression into managerial positions or broaden business capability to move into business-focused roles.

Entry requirements

IELTS 6.5: with no band less than 6.0. Access Melbourne is available.


Living Costs in Melbourne**


living costs restaurant icon
Restaurant
(Meal, Inexpensive Restaurant)
A$ 15 - 20
living costs house icon
Rent per Month
(1 bedroom in City Centre)
A$ 1,583 - 2,094
living costs house icon
Rent per Month
(1 bedroom Outside of Centre)
A$ 1,207 - 1,596
living costs transportation icon
Transportation
(Daily)
A$ 7 - 9
living costs utilities icon
Utilities per Month
(Electricity, Mobile & Internet)
A$ 240 - 318

Average Salary***


Salary Chart
*Source: QS World University Subjects Rankings (2026)
**Source: numbeo.com
***Source: PayScale.com (2026)

Costs

tick icon International:

A$32,000 per year

tick icon Local:

A$32,000 per year

Contact us for more details

Information

tick icon Duration

1.5 years

tick icon Upcoming Intakes

July

campus icon Campuses

Online
Parkville

tick icon Course Code

MC-BUS

hotline icon Hotline

+61 3 9663 5333

email icon Email

australia@augstudy.com

Scholarships

tick iconMELBOURNE INTERNATIONAL UNDERGRADUATE SCHOLARSHIP

Up to A$56,000

tick iconMELBOURNE GRADUATE SCHOLARSHIP

Up to 100% of tuition fees

tick iconINTERNATIONAL GRADUATE MERIT SCHOLARSHIPS

Up to 50% of tuition fees

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