Business - B6005

Business

Master's degree

The contemporary business landscape is constantly evolving, regularly challenging and always exciting. Navigating this dynamic environment takes more than the ability to operate as part of an organisation. It takes progressive thinkers with a keen perspective on what’s possible. Who have the ideas and the drive to lead organisations towards a more positive impact.

The Master of Business is your opportunity to take those steps forward. While making a bigger impact in your own career too.

MAKE YOUR NEXT MOVE

By the time you complete this program, you’ll be more equipped than ever with the professional expertise to influence business – and the leadership skills to make change as well. The course is designed for recent graduates or professionals looking to further specialise their business skills and industry-specific expertise, with the professional development program forming a key part of its DNA.

Flexibility is an equally important part of the Master of Business – whether you’re looking to fine-tune your capabilities in economics, management, marketing, entrepreneurship and more, or advance your qualifications across a broader range of business subject matter.

ELEVATE YOUR EXPERTISE

No matter which path you take, you'll be challenged to push your thinking and consider what the future of good business might look like. Ethics, corporate governance and social responsibility underpin much of what you learn – so that the impact and influence you make always considers broader society and the environment as well.

Monash Business School has a global reputation for inspiring and educating the next generation of innovative business leaders. This degree is the ideal next step for you in your own career as well.

Ready to set the course of your business career towards a more impactful future?

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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
First Semester (February), Second Semester (July), November
Qualification
Master of Business
Course Handbook

Monash Business School has a global reputation for inspiring and educating the next generation of innovative business leaders. This degree is the ideal next step for you in your own career as well.

The course provides a solid foundation for those with or without business experience. It brings together research and practice – to help you grow your expertise in one of the following specialisations listed below.

Graduates from the Master of Business are highly sought-after both here in Australia and overseas – and pursue careers across the entire business landscape, including human resources, management, marketing, science and commercialisation, project management, risk management and logistics.

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 (International students)

Qualifications

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 at least a credit (60%) average, or an equivalent GPA.

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 at least a credit (60%) average, or equivalent qualification and experience approved by the faculty.

OR

A four-year Australian bachelor honours degree (or equivalent) with at least a credit (60%) average, or equivalent qualification and experience approved by the faculty.

OR

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 at least a credit (60%) average in both qualifications, or equivalent qualification and experience approved by the faculty.

OR

An Australian bachelor honours degree (or equivalent) in a cognate discipline with at least a credit (60%) average, or equivalent qualification and experience approved by the faculty.

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:
79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21

1 - 6 scale:
4 Overall score, with minimum scores: Reading 3.5, Listening 3, Speaking 3.5 and Writing 4.5

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

Semester one (February)

Apply directly to Monash using course code B6005

Apply

Semester two (July)

Apply directly to Monash using course code B6005

Apply

November intake

Apply directly to Monash using course code B6005

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.

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: 079669B

International course guides

If you are an international student and wish to find out more about our courses, entry requirements, studying at Monash and more, please download our international course guides below.

International Study Grants

International study grants

International Study Grants valued at up to $10,000