Bachelor of Business

Bachelor of Business

UNDERGRADUATE

Develop the tools to succeed in your chosen career path.

Student type:
Learning mode:
Duration:
Full-time 3 years
Part-time 6 years
Next intake:
February, July
Location:
Melbourne City
Learning mode:
On campus
Entry score:

See admissions

Duration:
Full-time 3 years
Fees:

AU$41,280 (2024 annual)

Next intake:
February, July
Location:
Melbourne City

Overview

Bachelor of business students sitting around a table while looking at business analytics graphs

The future of business is here

We’ve adopted a new agile, non-traditional course structure to equip you with greater hands-on learning opportunities and industry engagement.

In today’s fast-changing world, where new challenges and opportunities present themselves almost daily, business leaders need the confidence and skills to navigate uncharted waters.

The Bachelor of Business gives you both these things, and so much more. Whether you’re an aspiring disruptor or entrepreneur, or you’re more focused on social impact or sustainability, this course prepares you to tackle whatever sparks your interest. You choose your path, and we’ll provide you with rich and relevant learning experiences. 

Delivered in the heart of Melbourne, this degree will have you diving into projects that have strong ties to the real world. Previously, students in our one-of-a-kind social impact subject worked on a combined challenge with Medibank and the Australian Red Cross to examine social connections and the cost of living. You also have the opportunity to undertake an internship in a business aligned with your career goals.

Upon graduation, you’ll possess an invaluable suite of skills — ranging from critical thinking and problem solving to social awareness and interpersonal relations — that will set you up for a successful and rewarding career. 

Why study the Bachelor of Business at RMIT?

Flexible options

Dive into an area of business that really excites you. With 14 majors to choose from, you can shape your career narrative.

Industry connections

Work alongside respected organisations to solve real-world problems, building an impressive portfolio of work as you go.

Active learning

With hands-on and immersive learning, bring your opinions and ideas to every class and take an active role in your learning.

Industry partners and supporters

This degree is closely integrated with industry and real-world problem solving as an integral part of the learning experience. We have partnered with key organisations in industry to help build what you will learn in your classes.

Medibank

Australian Red Cross

Adobe

Amazon Web Services

EY

Options for majors and minors

To support your future in business, we have created an extensive range of career-focused areas of study (majors and minors), allowing you to customise your degree and gain an edge.

What are majors and minors? A major is a primary focus for your study and a minor is a secondary focus of study.

Explore our 14 business majors

Blockchain Enabled Business

Be equipped with the the knowledge and skills you will need to apply and manage blockchain in public and private enterprises, through multi-disciplinary study.

Business Information Systems

Major studies in information systems include business IT development, information systems strategy and governance, business databases, e-business systems, and business analysis and design.

Business and Technology

Technology is completely changing the world of business. Learn how by studying topics such as cybersecurity, fintech, digital finance, legal issues in fintech/cyber, managing in the digital context, and forensic accounting.

Economics

Understand how businesses, people and governments interact. Learn to tackle challenges such as climate change, equality, and poverty, and develop the analytical expertise important to a range of careers.

Entrepreneurship

Discover the ideas and strategies of some of Australia’s new and established entrepreneurs. Gain the confidence and entrepreneurial skills to launch and manage exciting new business ventures.

Finance

Enhance your analytical and problem-solving abilities, and develop your understanding of the principles of finance.

Financial Planning*

Explore personal planning, taxation, estate planning, superannuation, insurance and investment planning to qualify to work as a financial planner.

Global Business

Gain the skills to analyse and interpret the complex operations of global organisations, international trade and business relationships.

Strategy and Innovation

Prepare to innovate and create the future of business. Study subjects that develop both your professional capabilities and business acumen via learning that intersects industry and technology.

Logistics and Supply Chain

Explore procurement and global sourcing, warehousing, freight and distribution, business operations, digital supply chain and sustainability, circular economy issues, analytics, and the management of human and physical resources.

Management and Change

Build skills in strategic thinking, people and organisational management and problem solving to be a force for change. Navigate complex issues, lead teams and make business decisions applicable across varied organisational structures.

Marketing

Become prepared to take on roles in fields like digital marketing, brand management, campaign strategy, and customer analytics.

People and Organisations

Develop strategies to manage people and construct workplace arrangements that anticipate and respond to organisational and human needs.

Social Impact

Learn about how businesses can become more socially aware and take concrete action to address social issues and challenges.

Explore the minors on offer

Minors allow you to study a few subjects rather than commit to a full major, so you will get a good grounding in a subject area and variety in your degree.

Minors include subjects which are also often included in individual majors, or other minors, but you can only credit an individual subject towards one major and/or minor.

Minors include:

  • Accounting in Business*
  • Behavioural Business
  • Behavioural Science for Future Leaders
  • Blockchain Enabled Business
  • Business Analytics
  • Business Information Systems
  • Business and Technology
  • Cyber Security
  • Data Insights
  • Digital Business Development
  • Digital Supply Chain
  • Economics
  • Entrepreneurship
  • Finance
  • Financial Planning and Tax*
  • Financial Planning*
  • Global Business
  • Global Procurement and Sourcing
  • Industrial Relations

  • Interdisciplinary and Responsible Approaches to Digital Business
  • International Development
  • International Logistics
  • Law and Economics
  • Law and Emerging Technology
  • Logistics and Supply Chain
  • Management and Change
  • Managing Global Teams
  • Marketing
  • New Business Creation
  • Open Innovation
  • People and Organisation
  • Social Impact
  • Strategy and Innovation
  • Study and Work
  • Supply Chain Analytics
  • Social and Behavioural Issues in Accounting

Check the subject lists for each major and minor before you make your final selections.

* Please note: If completing the Financial Planning major, Financial Planning and Tax minor or Accounting in Business minor, you are required to undertake assessments that have invigilation requirements. 

Animated student holding qualification

Guaranteed Pathway options available

Didn't get the ATAR you needed? Guaranteed Pathways lets you preference pathway packages so you can secure your place in your goal degree and graduate with two internationally-recognised RMIT qualifications.

person working on a mac laptop with business analytics graphs on screen and an iPhone next to their hands

Study 100% online

The slimmed down, fully online Bachelor of Business gives you the opportunity to choose from three (3) majors and five (5) minors which can be completed 100% online.

Design your degree, choose your own career path

At RMIT we know that you don't want to be limited by a rigid Business degree or locked in to a path before you really know who you want to be. You want to be able to explore your options and set your own future. 

Use our tool to help you understand your study options and plan for your future in the RMIT Bachelor of Business:

Tell us a bit about yourself:


Details

This flexible cross-disciplinary business degree allows you to develop the most important element in all of your future careers: you.

With a focus on developing the personal and professional capabilities that industry craves and the world needs, such as a global mindset, a commitment to social impact, digital agility, critical thinking and the ability to cut through the noise and focus on what matters, the Bachelor of Business allows you to do more than respond to the future, it allows you to create your own.

Learning and teaching

This degree provides unprecedented flexibility. It starts with four foundation subjects that introduce you to the key issues currently facing industry, supplemented by your choice of disciplinary and cross-disciplinary study.

Then, you choose any one or two of our 14 majors, complemented by a choice of minors. Alternatively, carve your own path by choosing not to do a major at all, and develop expertise across all of our business and cross-College offerings. It’s all about giving you the flexibility to take charge of your future in ever-changing business contexts.  

Plenty of personal and professional development opportunities help prepare you for work, as do the many subjects that apply your learning in real-world contexts and set you up with industry-based problems to solve.

We proudly promote an active learning style, embracing the online environment and encouraging you to do more preliminary work before class. This way, when you come to class, you can participate in engaging discussion and debate about the subject. 

Assessment methods

The assessment methods in the Bachelor of Business can depend on the subjects you select. There are no exams — instead, assessments may include presentations, assignments and other forms of assessment. All these formats give you rich opportunities to demonstrate your understanding of the topics and challenges at hand. 

Learning at RMIT

The types of classes you have will depend on the course you’re studying. Classes are offered in various formats designed to provide meaningful engagement with staff, industry and peers and provide for access and use of spaces where learning can be applied and active, including an array of specialised equipment.

Most RMIT courses do not include passive large-scale classes such as lectures, instead the content traditionally provided in lectures is made available online. This may be in the form of readings, videos or other on-demand learning materials. This content will also support the basis of interactive learning that takes place in on-campus classes.

In the Bachelor of Business you will engage in learning activities that integrate theoretical learning with practical application in professional contexts.

Subjects will involve you in interacting with organisations (industry, government and community) through discipline relevant projects and work placements.

Many subjects in this degree are closely integrated with industry and real-world problem solving as an integral part of the learning experience.

The knowledge and skills you will acquire throughout this degree and how they can be applied in your career are described in the learning outcomes.

View the learning outcomes for each stream:

The knowledge and skills you will acquire throughout this degree and how they can be applied in your career are described in the learning outcomes.

The RMIT Bachelor of Business gives you the option to decide how you want to study, and what, to maximise your choices with total flexibility.

In your first year, you will complete four business foundation subjects to give you the foundation that you need to succeed in your chosen Business career path.

After that, the direction you take is in your hands as you choose which major or majors (up to two) you want to undertake, or no majors at all. You can choose one or more minors, or just focus on the individual subjects and electives that interest you most.

In your final year, all students will undertake the compulsory Capstone Experience subject.

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

Bachelor of Business
Program code: BP343

Title
Location
Duration
Plan code
CRICOS
Bachelor of Business
City Campus
Domestic students: 3 years full time; 6 years part time; International students 3 years full time
BP343
106623K
Location
City Campus
Duration
Domestic students: 3 years full time; 6 years part time; International students 3 years full time
Plan code
BP343
CRICOS
106623K
Bachelor of Business
City Campus
Domestic students: 3 years full time
BP343
106623K
Location
City Campus
Duration
Domestic students: 3 years full time
Plan code
BP343
CRICOS
106623K
Bachelor of Business
City Campus
3 years full time; 6 years part time
BP343O
Location
City Campus
Duration
3 years full time; 6 years part time
Plan code
BP343O
CRICOS

Please note: the RMIT Online offering (BP343O) is not available for current year 12 applicants.

Please note: Plan BP343O is not available for international students.

Note: International student visa holders can only study full-time.

Career

RMIT has a long-standing reputation of producing young graduates who can hit the ground running in their chosen profession — from traditional business positions to jobs that are only just emerging skills and knowledge to lead change, no matter what path you choose.

New occupations are emerging, often as the result of disruptions and megatrends. Due to high demand for specialised and hybrid skills and knowledge, you’ll have no problem forging your own path.

With a strong global presence — including campuses in Vietnam, Singapore and Barcelona — this degree applies a local, national and global lens to prepare you for work across borders.

Depending on the majors, minors and subjects you choose, you could work in any number of roles, including:

  • Accountant, Actuary, Auditor, Economist, Financial Analyst, Financial Planner, Human Resource Professionals, Investment Adviser, Legal Professional, Marketing Professional
  • Digital Marketing Analyst, Logistics Analyst, Business Behaviourist, Digital Marketing Manager, Social Media Assistant, Transformation Manager, Community Manager (Public Relations), Ethical Sourcing/Procurement Manager
  • Data Analyst, Pricing Analyst, HR Analytics Manager, Business Analytics Manager, Data Scientist, Growth Hacker
  • Agile Coach, Logistics Analyst, Diversity and Inclusion Officer, Customer Success Specialist, Social Entrepreneur
  • Digital Marketing Analyst, Social Media Specialist, User Experience (UX) Analyst, Digital Content Curator, Marketing Personalisation Specialist, Employee Experience (EX) Manager, Digital Capability Coordinator
  • Corporate Strategist, Concept Designer, Corporate Development Analyst, Social Innovation Projects Manager, Enterprise Architect.

As a Bachelor of Business graduate, you will be prepared for jobs that are growing or yet to be defined. Roles are emerging in areas such as nanotechnology, big data, data and business analytics, digitalisation, AI and automation, and the green and circular economies.

Admissions

You must have successfully completed the Victorian Certificate of Education (VCE) (or equivalent qualification).

Prerequisites

Victorian Certificate of Education (VCE) units 3 and 4:

  • a study score of at least 25 in English other than EAL; or
  • a study score of at least 30 in English (EAL)

or equivalent studies.

Guaranteed ATAR

This course has a Guaranteed ATAR (excluding adjustment factors).

This means that if you receive an ATAR equal to or above this and meet the course pre-requisites, we will guarantee you an offer in this course.

If you receive an ATAR below this guarantee, you may still receive an offer, depending on the availability of places in this course and whether you are eligible to receive any adjustment factors.

Please note: For VTAC applicants to receive an offer, this course must be your highest eligible preference.

Rankings and adjustment factors

Entry to this program is competitive. Eligible applicants are ranked and selected in order of merit based on their academic achievement plus any adjustment factors.

You may be eligible to receive adjustment factors which include equity access schemes and/or subject adjustments to a maximum of 28 aggregate adjustment points. For more information about what adjustment factors RMIT considers visit Admission to RMIT.

We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.

Selection criteria by applicant type

Please select the highest level of education you have or will be completing in order to find out the selection criteria that applies to you, in addition to meeting the above entry requirements.

Entry to this program is competitive. Eligible applicants are ranked and selected in order of merit based on their academic achievement. You will be ranked on your ATAR plus any adjustment factors.

Early offer program

This degree provides current Year 12 applicants with the opportunity to apply for an early conditional offer through RMIT’s Early Offer program.  Applications must be submitted by 17 September.  To find out more and apply, visit Early Offer program.

Adjustment factors available only to applicants currently studying Year 12

School Network Access Program (SNAP)

  • The SNAP access scheme is designed to increase tertiary participation by giving priority access to RMIT diploma and degree programs to eligible applicants currently studying Year 12 at a SNAP partner school.

Adjustment factors available only to applicants currently studying Year 12 or whose highest qualification is a completed Year 12.

Subject adjustments

  • A study score of 25 in any Business, any Information Technology, any Mathematics or Psychology equals 1 aggregate point per study.
  • A study score of 35 in any English equals 2 aggregate points per study. 
  • Overall maximum of 8 points.

Regional adjustments

  • RMIT automatically allocates adjustment factors to applicants from a low socio-economic status area for all programs that select primarily on ATAR. 
  • Low socio-economic status areas are determined by applying the Australian Bureau of Statistics (ABS) Socio-Economic Index for Areas (SEIFA) Index of Education and Occupation.

Equity access schemes

  • Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance. 
  • Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
  • If you are applying through VTAC you should apply for the Special Entry Access Scheme.
  • If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

  • The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

  • The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.

Successful completion of any Australian Diploma or Advanced Diploma (or equivalent) will meet the minimum entry requirements for this course.

Special Tertiary Admissions Test (STAT)

You may satisfy the academic requirements by completing the STAT multiple choice. Your overall score will be converted to an equivalent ATAR and competitively ranked for selection.

Your STAT results are valid for two years prior to the commencement of your study.

If you are applying to RMIT as an applicant with vocational education and training study, you may sit the STAT multiple choice if you:

  • are 19 years of age or over as of 1 January in the year in which you will start your studies and
  • have not been enrolled in secondary studies for at least two years and
  • have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program.

You are still required to meet all other program prerequisites or equivalents.

Learn more about the STAT and STAT results.

You may be eligible for the following adjustment factors:

Equity access schemes

  • Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance. 
  • Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
  • If you are applying through VTAC you should apply for the Special Entry Access Scheme.
  • If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

  • The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

  • The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., GPA (including any adjustment factors).

We will consider your entire academic record to determine your eligibility for entry. Previous fail grades in similar courses may affect your eligibility. You will be assigned a selection rank (comparable to an ATAR) based on your GPA.

  • successful completion of at least four courses (subjects) at an Australian higher education diploma level (or equivalent) and no double-fail in any required course of the receiving degree; or
  • successful completion of at least four courses (subjects) at an Australian associate degree level (or equivalent) and no double-fail in any required course of the receiving degree; or
  • successful completion of at least two courses (subjects) at an Australian undergraduate level (or equivalent) and no double-fail in any required course of the receiving degree.

Special Tertiary Admissions Test (STAT)

You may satisfy the academic requirements by completing the STAT multiple choice. Your overall score will be converted to an equivalent ATAR and competitively ranked for selection.

Your STAT results are valid for two years prior to the commencement of your study.

If you are applying to RMIT as an applicant with higher education study, you may sit the STAT multiple choice if you:

  • are 19 years of age or over as of 1 January in the year in which you will start your studies and
  • have not been enrolled in secondary studies for at least two years and
  • have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program.

You are still required to meet all other program prerequisites or equivalents.

Learn more about the STAT and STAT results.

Personal statement

If you have been excluded from a program due to academic progress you are encouraged to submit a personal statement outlining the strategies you will adopt to ensure academic success.

If you are applying to RMIT through VTAC you can complete and submit the VTAC personal statement via your online VTAC account.

If you are applying direct to RMIT you can upload your completed personal statement via your online direct application.

You may be eligible for the following adjustment factors:

Equity access schemes

  • Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance. 
  • Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
  • If you are applying through VTAC you should apply for the Special Entry Access Scheme.
  • If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

  • The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

  • The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., Special Tertiary Admission Test (STAT) score (including any adjustment factors).

You must have successfully completed the Victorian Certificate of Education (VCE) (or equivalent qualification) and meet the stated prerequisites. 

Work and life experience does not provide any additional consideration for entry to this program. You may satisfy the academic requirements by completing the STAT multiple choice.

Special Tertiary Admissions Test (STAT)

You may satisfy the academic requirements by completing the STAT multiple choice. Your overall score will be converted to an equivalent ATAR and competitively ranked for selection.

Your STAT results are valid for two years prior to the commencement of your study.

If you are applying to RMIT as an applicant with work and life experience, you may sit the STAT multiple choice if you:

  • are 19 years of age or over as of 1 January in the year in which you will start your studies and
  • have not been enrolled in secondary studies for at least two years and
  • have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program.

You are still required to meet all other program prerequisites or equivalents.

Learn more about the STAT and STAT results.

You may be eligible for the following adjustment factors:

Subject adjustments

  • A study score of 25 in any Business, any Information Technology, any Mathematics or Psychology equals 1 aggregate point per study.
  • A study score of 35 in any English equals 2 aggregate points per study. 
  • Overall maximum of 8 points.

Equity access schemes

  • Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance. 
  • Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
  • If you are applying through VTAC you should apply for the Special Entry Access Scheme.
  • If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.

Elite Athlete Program

  • The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.

Aboriginal and Torres Strait Islander peoples

  • The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.

Additional information

*ATAR refers to the lowest selection rank to which an offer was made (including consideration of any adjustments) for current and recent Year 12 applicants.

RMIT is committed to providing transparency to the admissions process. In line with this commitment, we provide you with information that will help in making informed choices about your undergraduate study options. Find out more about admission to RMIT.

View the ATAR profile and selection rank from students offered a place into this program wholly or partly on the basis of ATAR in the most relevant recent intake period.

The student profile provides insight into the likely peer group for this program.

You need to satisfy all of the following requirements to be considered for entry into this degree.

You must have successfully completed a qualification recognised by RMIT as equivalent to the Victorian Certificate of Education (VCE) with a minimum average of 65% (see calculator below).

Equivalent qualifications may also include completion of the RMIT Foundation Studies program or a recognised post secondary diploma in the relevant discipline with the required grades.

Meeting the minimum academic requirements does not guarantee entry. Your application will still need to be assessed and accepted.

Entry score calculator
Minimum Score Required

Don’t meet the requirements?

There are no prerequisite subjects required for entry into this qualification.

A selection task is not required for entry into this qualification.

To study this course you will need to complete one of the following English proficiency tests:

  • IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
  • TOEFL (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
  • Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
  • Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.

For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.

Don't meet the English language test scores? Complete an English for Academic Purposes (EAP) Advanced Plus Certificate at RMIT English Worldwide.

Pathways

Animated character in front of RMIT pixel, with a flying degree above their head

Understanding pathways

Undertaking a certificate, diploma, advanced diploma or associate degree can help you meet the entry requirements for your preferred course. These qualifications often provide credit, reducing the duration of your bachelor degree.

This course offers pathway options. If you don’t meet the entry requirements, a formal pathway might be your way in.

Guaranteed Pathways available

Didn't get the ATAR you needed for entry into this degree?

At RMIT we've got your back, with a range study options to help you achieve your goals, no matter your ATAR.

Guaranteed Pathways gives you the option to preference pathway packages when you apply to RMIT.

If you apply and are successful in gaining a place in a Guaranteed Pathway package, you will progress straight into the Bachelor Degree upon successful completion of the relevant vocational degree (otherwise known as TAFE) first.

With a Guaranteed Pathway package, you can graduate with two internationally-recognised RMIT qualifications.

Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience.

Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.

When you successfully complete this degree, you may be eligible for entry into an RMIT Honours or Postgraduate degree.

You are guaranteed entry to the Bachelor of Business when you successfully complete one of the following RMIT programs and the major you choose to study may determine the amount of credit you will be eligible to receive:

  • Associate Degree in Business
    • you will receive 4 semesters of credit (equivalent to 192 credit points) into one of these majors: Entrepreneurship; Finance; Global Business; Logistics and Supply Chain; Management and Change; Marketing; People and Organisation; or no major
    • you will receive 3 semesters of credit (equivalent to 180 credit points) into one of these majors: Blockchain Enabled Business; Business and Technology; Economics; Innovation and Enterprise; Social Impact
    • you will receive 3 semesters of credit (equivalent to 168 credit points) into the Financial Planning major
    • you will receive 3 semesters of credit (equivalent to 144 credit points) into the Business Information Systems major

* RMIT students completing the Associate Degree in Business (AD010) program, may be subject to different credit (to the above) and are advised to contact Business Connect for advice on credit and majors.

  • Diploma of Commerce - you will receive 2 semesters of credit (equivalent to 96 credit points)
  • Diploma of Business
    • you will receive 2 semesters of credit (equivalent to 96 credit points) into any major (excluding Business Information Systems) or no major
    • you will receive 1 semester of credit (equivalent to 84 credit points) into the Business Information Systems major
  • Diploma of Accounting 
    • you will receive 2 semesters of credit (equivalent to 96 credit points) into any major (excluding Business Information Systems) or no major
    • you will receive 1 semester of credit (equivalent to 84 credit points) into the Business Information Systems major
  • Advanced Diploma of Accounting
    • you will receive 3 semesters of credit (equivalent to 144 credit points) into one of these majors: Blockchain Enabled Business; Business and Technology; Economics; Entrepreneurship; Finance; Global Business; Innovation and Enterprise; Logistics and Supply Chain; Management and Change; Marketing; People and Organisation; Social Impact; or no major
    • you will receive 2 semesters of credit (equivalent to 120 credit points) into the Financial Planning major
    • you will receive 2 semesters of credit (equivalent to 108 credit points) into the Business Information Systems major.

Alternatively, you can gain entry from RMIT Foundation Studies or a range of vocational study programs.

Coming from a partner institution?

RMIT has pathway arrangements with many partner institutions around the world.

If your institution has a pathway arrangement with RMIT you may be able to receive credit and reduce the time it will take to complete your preferred RMIT program.

Find out if your institution has a pathway arrangement with RMIT

If you have qualifications from an institution that is not an RMIT partner, credit into your RMIT program will be assessed on a case-by-case basis.

Please note: any advanced standing or credit received may reduce the choice of majors and minors available in the program.

Credit may reduce the duration of your study by acknowledging your earlier, relevant study experience.

When you are submitting an application, please indicate that you want to be considered for credit and provide detailed course syllabus (also known as course outline), outlining volume of learning, course content and weekly topics, learning objectives/outcomes, assessment types and their weightings, and reference to the learning resources such as prescribed textbooks and recommended readings.

Please note: any advanced standing or credit received may reduce the choice of majors and minors available in the program.

You may be eligible for entry into the following programs after you have successfully completed the Bachelor of Business:

When you successfully complete this program, you may be eligible for entry into an RMIT Honours or Postgraduate degree.

Fees

2024 indicative fees

In 2024, the annual student contribution amount (tuition fee) you will pay for a standard year of full-time study is between AU$4,445 to AU$16,323*.

Additional expenses

  • Student services and amenities fee (SSAF): AU$351 maximum fee for 2024.
  • Other items related to your program, including field trips, textbooks and equipment.

Annual fee adjustment

Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.

Fees are adjusted on an annual basis and these fees should only be used as a guide.

Defer your payment

You may be eligible to apply for a HECS-HELP loan, which can be used to defer payment of up to the full amount of your student contribution fees. You may also be eligible to apply to defer payment of your SSAF through the SA-HELP loan scheme.

Learn more about fees for undergraduate study.

Paying your fees and applying for refunds

For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.

If you are offered a Commonwealth supported place, your tuition fees are subsidised by the Australian Government.

Your share of the fee (student contribution) is set on an annual basis by the government and is determined by the discipline areas (bands) of your individual enrolled courses, not the overall program.

How much can I expect to pay for my Commonwealth supported place?

The Australian Government has introduced changes to university funding and student contribution fees under its Job-ready Graduates Package

The fees in the table below apply to students who commence their program in 2024. Fees for continuing students are available at fees for Commonwealth supported students.

Each course (subject) falls into a band. The band determines the student contribution amount for the course.

Amounts listed in the table below are based on a standard, full-time study load (96 credit points per year) with all courses in the same band. A proportionate fee applies for more or less than the full-time study load or for enrolment in courses (subjects) from a combination of bands.

You can learn how to calculate your exact tuition fees for units from different bands at Fees for Commonwealth supported students.

Maximum student contribution amount for Commonwealth supported places in 2024 for commencing students

Student contribution band by course (subject)

Maximum annual student contribution amount (per EFTSL) in 2024

Education, Postgraduate Clinical Psychology, English, Mathematics, Statistics, Nursing, Indigenous and Foreign Languages, Agriculture $4,445 per standard year
$555 per standard (12 credit point) course
Allied Health, Other Health, Built Environment, Computing, Visual and Performing Arts, Professional Pathway Psychology, Professional Pathway Social Work, Engineering, Surveying, Environmental Studies, Science, Pathology $8,948 per standard year
$1,118 per standard (12 credit point) course
Dentistry, Medicine, Veterinary Science $12,720 per standard year
$1,590 per standard (12 credit point) course
Law, Accounting, Administration, Economics, Commerce, Communications, Society and Culture $16,323 per standard year
$2,040 per standard (12 credit point) course

Student Learning Entitlement

On 1 January 2022, the Government implemented the Student Learning Entitlement (SLE).

  • The SLE allows students 7 years of full-time subsidised study in Commonwealth Supported Places (CSP).
  • Your total SLE amount will be reduced in accordance with your overall study load in a CSP. 
  • Once you have utilised all your SLE, you can not longer study in a CSP.

For more information about SLE, visit Study Assist.

HECS-HELP Loans

The Australian Government provides financial assistance via the HECS-HELP loan scheme, which allows eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) to defer payment of up to the full amount of their student contribution.

SA-HELP Loans

You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.

How does a HELP loan work?

If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.

You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.

For more information about loan repayment options see Commonwealth assistance (HELP loans) or Study Assist.

In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.

The SSAF is calculated based on your enrolment load and the maximum fee for 2024 is $351.  

For more information about calculating your actual SSAF see Paying SSAF.

You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

2024 commencement

The annual tuition fee for 2024 is AU$41,280.

The total indicative tuition fee for 2024 commencement is AU$126,720.

In addition to tuition fees you also need to pay for:

You also need to account for your living expenses. Estimate the cost of living in Melbourne.

Find out more details about how fees are calculated and the expected annual increase.

Applying for refunds

Find information on how to apply for a refund as a continuing international student.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

Frequently Asked Questions (FAQs)

Looking for answers or more general information?

Use our Frequently Asked Questions to learn about the application process and its equity access schemes, find out how to accept or defer your offer or request a leave of absence, discover information about your fees, refunds and scholarships, and explore the various student support and advocacy services, as well as how to find out more about your preferred program, and more.

aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.