Business - B5001


Graduate diploma

If you already have a general understanding of business, a Graduate Diploma of Business will help you develop an area of expertise.

This program will allow you to explore the ideas, practices and theories that have already caught your attention, as you continue to develop your expertise in business disciplines as well as build on general business skills, including leadership and collaboration.

As part of this program, you’ll select eight units from the wide range of units offered by Monash Business School. Many units are offered outside business hours, off-campus or in block mode - so you can balance your work and study. But if you choose to do the program full time, you can graduate with a Graduate Diploma of Business in just 12 months.

At a glance

Course Details

  • On-campus at Caulfield: Full time
  • 1 year (full time)
Start date
First Semester (February), Second semester (July)
Graduate Diploma of Business
Course Handbook

The Graduate Diploma of Business will give you a taste of graduate study and an opportunity to develop an area of expertise. As the units you’ll be studying are master’s level units, you’ll also be a step closer to completing a master’s if you decide to take your studies further.

You even have the opportunity to focus your business studies towards health, with a range of units offered by the Centre for Health Economics.

Entry Requirements

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

Minimum Entry Requirements (International students)


An Australian bachelor degree or equivalent qualification, or approved pathway, with a Weighted Average Mark (WAM) of 55 or an equivalent GPA as determined by the Faculty. Applicants will be ranked and selected based on their entire academic record.

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 6.0 Pearson 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 21 Equivalent approved English test

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

The course consists of eight units chosen from the wide range of units offered in the coursework master's degrees offered by the Faculty of Business and Economics.

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B5001


Semester two (July)

Apply directly to Monash using course code B5001


Closing date

Applications for semester two close 24 July 2020.

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 are subject to change annually.

International fee

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



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: 069579J