Business - B5001

Business

Graduate diploma

There are very few areas of contemporary work and life that aren’t influenced by the world of business. It’s in the ways we lead people and projects. How we negotiate new opportunities. How we brand and market products, services, or even ourselves. How economies rise and fall and societies operate.

If you’re a professional or graduate and have already gained a general understanding of business, the Graduate Diploma provides a platform for you to start building a deeper level of expertise. So you can take your career in new directions, without having to stop working.

MAKE YOUR NEXT MOVE

You’ll build a program of study made up of units offered by Monash Business School – guided at every step by some of the world’s leading business educatora. You might choose to explore a curated selection of units aligned to contemporary business themes – like contemporary leadership, project management, sustainability or marketing. Or you can choose to pick the subject areas which most inspire your interests or future career plans.

Studying full-time means you’ll graduate with a Graduate Diploma of Business in just 12 months. Many students choose to balance their ongoing work with study – with several units offered outside business hours, or delivered in block mode.

EXPAND YOUR EXPERTISE

The units you’ll complete in the Graduate Diploma of Business are all studied at a master’s level – making this program a seamless step into a master’s degree, if you want to elevate our expertise even further. If you’re passionate about the health sector – or curious about taking your career in this direction – you can take up the range of units offered by the Centre for Health Economics.

Whether you choose to tailor this program to suit your interests, your current career path or new possibilities entirely, you’ll be diving deeper into aspects of business that drive real impact in the world.

Ready to make a real impact for your own career as well?

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At a glance

Course Details

Location
  • On-campus at Caulfield: Full time & part time
Duration
  • 1 year (full time)
  • 2 years (part time)
Start date
First Semester (February), Second Semester (July)
Qualification
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 will be studying are master’s level units, you will 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 (Domestic students)

Qualifications

An Australian bachelor degree or equivalent qualification, or approved pathway, with at least a 55% average or an equivalent GPA. Applicants will be ranked and selected based on their entire academic record.

English requirements

Applicants must also meet the English language requirements.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

The course structure and progression map can be viewed in the Handbook.

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B5001

Apply

Semester two (July)

Apply directly to Monash using course code B5001

Apply

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.

Full fee

Fees are per 48 credit points which represents a standard full-time course load for a year. The fees for 2026 are:

A$38,000

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.

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.