Business - B6005


Expert master degree

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.

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

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

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At a glance

Course Details

  • On-campus at Caulfield: Full time & part time
1, 1.5 or 2 years full-time depending on prior qualifications. See entry requirements.
Start date
First Semester (February), Second Semester (July), November Intake
Master of Business
Course Handbook

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:

Entry Requirements

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

Minimum Entry Requirements (Domestic students)


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.


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.


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.


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 requirements

Applicants must also meet the English language requirements.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

The course is structured in three parts: Part A. Advanced preparatory studies, Part B. Mastery knowledge and Part C. Application studies.

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


November intake

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 are subject to change annually.

Full fee

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


Fee assistance

As a full fee-paying student, you may be eligible to apply for the optional FEE-HELP to assist you to pay all or part of your tuition fees.


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.