Monash University
Master of Business
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 24 months
- Course Type: Master's
Get equipped with the innovative thinking and industry expertise to advance your career—while making a more positive impact on the business world.
Course overview
The contemporary business landscape is constantly evolving, regularly challenging and always exciting. Navigating this dynamic environment requires more than just the ability to operate within an organisation. It takes progressive thinkers with a keen perspective on what’s possible—those 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. At the same time, you are making a bigger impact on your own career, too.
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.
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.
Key facts
July, 2026
What you will study
To complete the Master of Business, you must fulfil 16 units (96 credit points). It consists of Part A. Advance Preparatory, 4 units (24 credit points), Part B. Mastery Knowledge, 8 units (48 credit points) and Part C. Application Studies, 4 units (24 credit points).
Complete four units (24 credit points) from the following:
Only one economics unit may be completed in Economics and Managerial Economics.
Complete Business statistics if you are completing the Financial and Risk Management specialisation
- Accounting for Business (six credit points)
- Business and Company Law (six& credit points)
- Managerial Economics (six credit points)
- Economics (six credit points)
- Business Statistics (six credit points)
- Contemporary Management Principles and Practices (six credit points)
- Marketing Management: Theory and Practice (six credit points)
Entry requirements
Entry level 1: 96 points to complete
Duration: Two years full-time, four 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, three years part-time
Applicants must have one of the following:
- An Australian bachelor's degree (or equivalent) in a cognate discipline with at least a credit (60%) average or equivalent qualification and experience approved by the faculty.
- 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.
- Successful completion of a Monash University Graduate Certificate of Business.
Entry level 3: 48 points to complete
Duration: One year full-time, two years part-time
Applicants must have one of the following:
- An Australian bachelor's 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.
- An Australian bachelor's 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 language requirements
For entry to Monash University, you must meet the minimum English language requirements. You can do this by completing one of the qualifications listed on their website.
If you've completed several measures of English proficiency over a period of time, the highest valid measure will be accepted as long as it's been taken within the required time limitations.
University entrance requirements
Minimum entrance requirements apply for admission to Monash University Australia.
Recognition of Prior Learning
You may be able to get credit for your course based on prior formal, non-formal or informal learning. To apply, you will need to provide supporting documentation outlined by the university. Contact the university for more information.
Outcomes
Learning outcomes
Be critical and creative scholars who:
- Produce innovative solutions to problems.
- Apply research skills to business challenges.
- Communicate effectively and perceptively.
Be responsible and effective global citizens who:
- Engage in an internationalised world.
- Exhibit cross-cultural competence.
- Demonstrate ethical values.
- Demonstrate work-ready skills, broad knowledge and technical skills that underpin discipline-based solutions appropriate to the business, professional and public policy communities.
- Produce innovative and multi-disciplinary solutions to address complex challenges faced by organisations operating in increasingly dynamic and globally diverse contexts.
Fees and FEE-HELP
Indicative 2026 first-year fee: $38,000 (domestic full-fee paying place).
All costs are calculated using current rates and are based on a study load of 24 credit points (normally four units) per semester or 48 credit points (normally eight units) per year.
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.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.