Master of International Business

What you will study

200 point program

The 200 Point Master of International Business consists of 16 subjects comprising:

• Four foundation subjects.
• Two core subjects.
• Five discipline core.
• Three elective subjects.
• Two capstone subjects.

150 point program

Students entering the Master of International Business with 50 points of advanced standing will need to successfully complete 12 x 12.5 point subjects comprising:

• Two core subjects.
• Five discipline core.
• Three elective subjects.
• Two capstone subjects.

Dual Degree Program

A limited number of places are available annually to high-achieving Master of International Business students. Eligible students who successfully complete a dual degree program will graduate with the Master of International Business from the University of Melbourne and either the MSc Marketing Management from Bocconi or the MSc Global Supply Chain Management from HEC Montreal.

It will take a student enrolled in the 150 point Master of International Business program, two years of full-time study to graduate with both qualifications (one year at Melbourne, one year at the partner institution).

It will take a student enrolled in the 200 point Master of International Business program, two and a half years of full-time study to graduate with both qualifications (one and a half years at Melbourne, one year at the partner institution).

Entry requirements

Academic requirements

To be considered for entry into this course, you must have completed an undergraduate degree (or equivalent) in any discipline.

English language requirements

All applicants to the University of Melbourne must satisfy the English language requirements. This may be achieved in a number of ways, including recognised previous study taught and assessed entirely in English or an approved English language test.

If you are from a non-English speaking background, the required standard of English for this degree is one of the following English proficiency test scores:

• IELTS (Academic) – 7.0 overall, with no band less than 6.5.
• TOEFL IBT – minimum score of 94, with writing 24; speaking 20; reading 19; listening 20.
• PTE – minimum score of 72, with written communicative skill of 65 and no other communicative skill below 64.
• Cambridge – minimum score of 185, with no skill less than 176.

Recognition of Prior Learning

Prior studies may be credited towards your degree and potentially reduce the duration of your course. This is known as Advanced Standing (also known as credit or recognition of prior learning).

If you have an undergraduate degree in business/commerce or a related discipline, you may be awarded up to 50 points of Advanced Standing.

There is a pre-approved Advanced Standing arrangement for students who complete the Graduate Certificate of Business prior to commencing this master's program. To receive maximum Advanced Standing (credit) to enter the 150 point program, you must undertake the following subjects within the Graduate Certificate of Business:

• MGMT90239 Business Analytics for Decision-Making
• MKTG90038 MKTG Value Creation Strategies

You must choose the remainder of your subjects from this list:

• ACCT90040 Accounting Analysis and Decisions
• ECON90077 Econ of Markets and Organisation
• ECON90076 Empirical Method for Business
• FNCE90075 Managerial Finance

Contact the university for more information.

Outcomes

Career outcomes

Graduates have gone on to some successful and varied careers. These are just some examples:

• Consultant
• Senior analyst
• Senior audit associate
• Manager

Learning outcomes

You will leave the degree with a number of core skills in the following areas:

• Business analysis and decision making
• Financial management
• Cooperation and conflict in world trade
• International marketing management
• Issues in managing the multinational
• Global corporate governance

Fees and CSP

Indicative total course fee in 2025: $77,684 (domestic full-fee paying place)

Indicative firs year fee in 2025: $36,992 (domestic full-fee paying place)

Indicative firs year fee in 2025:$16,992 (Commonwealth Supported Place)

Unless otherwise noted, the indicative total course fee shown above assumes a study load of 1 EFTSL (equivalent full time study load) commencing semester one of the listed year, except for courses with a duration of less than 1 EFTSL.

Commonwealth Supported Places (CSP) are available for this course.

A student’s annual fee may vary in accordance with:

• The number of units studied per term.
• The choice of major or specialisation.
• Choice of units.
• Credit from previous study or work experience.
• Eligibility for government-funded loans.

Student fees shown are subject to change. Contact the university directly to confirm.

Commonwealth Supported Places

The Australian Government allocates a certain number of CSPs to the universities each year, which are then distributed to students based on merit.

If you're a Commonwealth Supported Student (CSS), you'll only need to pay a portion of your tuition fees. This is known as the student contribution amount – the balance once the government subsidy is applied. This means your costs are much lower.

Limited CSP spaces are offered to students enrolled in selected postgraduate courses.

Your student contribution amount is:

• Calculated per unit you're enrolled in.
• Dependent on the study areas they relate to.
• Reviewed and adjusted each year.

HECS-HELP loans are available to CSP students to pay the student contribution amount.

FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.