Business - B5001
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?
At a glance
Course Details
Location |
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Duration |
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Start date |
First Semester (February), Second Semester (July) |
Qualification |
Graduate Diploma of Business |
Entry Requirements
You need to satisfy the following entrance requirements to be considered for entry to this course.
Minimum Entry Requirements (International 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 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 | or | Pearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50 | or | TOEFL iBT: 0 - 120 scale: 1 - 6 scale: | or |
Courses that require English Level A only: Other approved English tests (minimum entry scores apply) Courses with English Level B, C, D, E and F: Other approved English tests (higher entry scores apply than specified) |
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
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. The fees for 2026 are:
A$59,900
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: 069579J