Business - B6005

Business

Expert master degree

Whether you're looking for a broad-ranging business degree or the ability to become a specialist in key business discipline, the Master of Business will develop your professional expertise and advance your business career.

An innovative and industry-focused course, the Master of Business has a strong emphasis personal development, ethics, corporate governance and social responsibility. A key feature of the course is the personal 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.

As part of the course you can build your knowledge and extend your expertise in one of the following specialisations:

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

The flexible structure of the Master of Business enables you select units that give you a broadly applicable business qualification. Alternatively, you may prefer to choose one of the listed specialisations, effectively tailoring your studies to your particular interest or career aspirations.

The strong reputation of the Master of Business 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.

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At a glance

Course Details

Location
  • On-campus at Caulfield: Full time
Duration 1, 1.5 or 2 years full-time depending on prior qualifications. See entry requirements.
Start date Semester one (February), Semester two (July)
Qualification Master of Business
Course Handbook

Entry Requirements

You need to satisfy the following entrance requirements to be considered for entry to this course.

Minimum Entry Requirements (International students)

Qualifications

Depending on prior qualifications:

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

An Australian bachelor's degree or an equivalent qualification, or an approved pathway and achieved a Weighted Average Mark (WAM) of 60 or an equivalent GPA as determined by the faculty. 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 undergraduate degree (or equivalent) in a cognate discipline with a WAM of at least 60, or qualification/experience or satisfactory substitute that the faculty considers to be equivalent.

OR

A four-year Australian undergraduate honours degree (or equivalent) with a WAM of at least 60, or qualification/experience or satisfactory substitute that the faculty considers to be equivalent.

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

An Australian undergraduate 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 qualification/experience or satisfactory substitute that the faculty considers to be equivalent.

OR

An Australian undergraduate honours degree (or equivalent) in a cognate discipline with a WAM of at least 60, or qualification/experience or satisfactory substitute that the faculty considers to be equivalent.

English entry requirements

Level A
IELTS: 6.5 overall (no band lower than 6.0) TOEFL Paper-based test: 550 with a TWE of 4.5 TOEFL Internet-based test: score of 79 overall with minimum scores: Writing: 21, Listening: 12, Reading: 13 and Speaking: 18 Equivalent approved English test

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B6005

Semester two (July)

Apply directly to Monash using course code B6005

Current Monash students

You may apply to transfer from another Monash course. Transfers are a competitive process. You may apply mid-year for available courses however consideration will be given as to whether you will be able to follow your course progression.

Please note that if you apply for a course transfer, you should still enrol in your current course as if you were continuing so as not to jeopardise your enrolment in the Faculty if your transfer application is unsuccessful. More about Course Transfer...

Self assess for credit eligibility

Check for study credit using the "Credit search" link on the Credit for prior study page

Fees

Fees are subject to change annually.

International fee

Fees are per 48 credit points which represents a standard full-time course load for a year.

A$45,800

Scholarships

We offer over 360 types of scholarships, valued at up to $280,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.

Other costs and fees

For information on other study costs and fees, see other study costs.

Enrolment Obligations

International students enrolling in a CRICOS-registered course can study no more than one third (33%) of their course by distance and/or online learning. Students must enrol in at least one unit that is not by distance and/or online in each compulsory study period unless the student is completing the last unit of their course. See standard 8.19 and 8.20 of National Code of Practice for Providers of Education and Training to Overseas Students 2018.

CRICOS code: 079669B

The course is structured in three parts: Part A. Advanced preparatory studies, Part B. Mastery knowledge and Part C. Application studies. All students complete Part B. Depending upon prior qualifications, you may receive credit for Part A or Part C or a combination of the two.