Transform yourself and join the global business world.
Not applicable
AU$38,400 (2023 annual)
AU$48,000 (2023 annual)
The Master of Business Administration (MBA) is designed to challenge you, build real-world business skills and teach you creative problem-solving techniques.
It’s suited to those beginning their careers, or with limited professional experience. Established professionals should explore the Executive MBA.
Guided by committed and experienced academics and industry practitioners, you’ll study with like-minded peers from a wide range of educational and cultural backgrounds. You will work closely with industry on real-world projects, form professional connections, and become part of a worldwide network of alumni that you will keep throughout your career.
You’ll graduate with a sound understanding of business fundamentals, a new perspective on problem solving, and a set of business skills that you can immediately apply in professional situations.
Suited to aspiring professionals with limited experience, the MBA has been designed to provide you with industry connections, job-ready skills, knowledge, and real-world experience.
If you’re an experienced professional and you are looking to expand your career, the Executive MBA is tailored to facilitate your next step into senior management.
RMIT's Master of Business Administration is ranked #10 in Oceania. [QS MBA rankings 2023]
Complete projects both independently and in teams, resembling real business practice.
Immerse yourself in industry and start building your professional network by solving real-world problems in client organisations.
Specialise in one of two discipline minors, and choose any four elective subjects offered by the College of Business and Law.
I saw the MBA as a chance to gain a greater understanding of business capabilities, and also to pivot my career to enable new opportunities and drive change as I continued to develop.
– Charlie Robinson, RMIT Master of Business Administration graduate
When you study with us, you have opportunities to engage with some of the largest organisations in the world.
The following are just some of the organisations that engage with RMIT's Master of Business Administration:
The Master of Business Administration is also available via online delivery through RMIT Online.
You will experience a variety of teaching and learning approaches, including lectures, tutorials, working collaboratively and independently.
Lectures deliver comprehensive reviews of the world's best practice, while tutorials offer facilitated discussion. Fact-based case studies are important elements of study, and bring authenticity to your learning experience.
Assessment is ongoing throughout the semester and includes examinations, essays, reports, presentations, group projects, research projects and practical assignments. While group assignments are an important component of every course, the focus of the assessment is weighted towards individual performance.
In face-to-face learning, you’ll be taught in small groups and surrounded by peers from various educational backgrounds, including architecture, engineering, science, business and arts. Your fellow Master of Business Administration students will come from a range of cultural backgrounds as well, with many students from Asia-Pacific, Europe, the Middle East, North America, and Africa.
This degree is also offered at RMIT's Vietnam campus.
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.
Take up a position in a partner organisation for one or two days a week over a semester. This position is normally unpaid, and is designed to develop your soft skills and increase your overall employability.
Working in teams, you will choose from a list of exciting business briefs, and undertake a piece of professional business consultancy for a live client. This capstone subject is your chance to apply everything you’ve learned from your MBA journey and prove you have the skills, knowledge and mindset to perform in a demanding and challenging business problem.
The RMIT MBA has industry partnerships with several global organisations, ensuring our students graduate with industry-informed knowledge and important professional connections.
This degree is supported by an advisory board that helps steer curriculum development to ensure that graduates are work-ready and prepared to take up challenging positions within the rapidly changing landscape of business management.
The Program Advisory Board is made up of members from Capgemini Australia, Mandarin Oriental Hotel Group, KPMG, Australian Super, The Lens Group, National Australian Bank (NAB), Medibank Private, Banksia Foundation, Bank of America, Vollie, and Oxfam Australia.
We encourage Master of Business Administration students to undertake international study tours that are offered by other schools in the College of Business in a variety of locations, including Spain, the US and China, where students can combine travel and cultural experiences with intensive coursework, and for which you can earn course credit.
Every year, we offer a study tour elective in Vietnam focusing on the Asian management issues. This seeks to help you develop a range of perspectives and skills to improve your understanding of the complexities of managing a business in a developing economy in Asia.
Students also have the opportunity to participate in virtual international experiences delivered online through central university international activities.
Other global mobility options available include:
Students undertaking subjects in all scheduled teaching periods may be able to complete the degree in 12-16 months.
Depending on your previous studies and experience, you could also be eligible for credit towards your degree, reducing the amount of study you need to complete.
For more information please see RMIT’s credit transfer and recognition of prior learning policy.
For further information about advanced standing see credits and masters exemptions.
The MBA degree consists of 12 subjects delivered across two study periods.
You may also be interested in studying some or all of your subjects online.
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:
This degree comprises of 12 subjects.
Your journey begins with core subjects in design thinking, leadership and management, marketing for managers, and financial analytics. You will then be immersed into management of technology and innovation, strategy, and business data analytics.
After completing your core subjects, you can tailor your MBA by selecting one of the two discipline minors (Technology and Innovation or Leadership). These aim to sharpen your capabilities, expose you to new perspectives, and help you navigate the challenges that modern businesses face. Alternatively, you can choose any four postgraduate business elective subjects offered by the College of Business and Law to tailor your learning around your future career aspirations, in areas including marketing, finance, entrepreneurship, human resources and law.
The final stage of your journey is the Business Consulting subject, in which you will learn how to effectively design, research, and manage a business-consulting project that meets a real client’s needs.
You may also undertake and receive course credit for a business internship or a study tour.
Choose a plan below to find out more about the subjects you will study and the course structure.
Note: International student visa holders can only study full-time.
This degree will help you change industry, immerse you into the global business world, and even open up opportunities for you in new countries and around the world. We aim to help you become an ethical business leader.
While the MBA is delivered in Melbourne, our graduates work and lead professional, commercial, industrial, not-for-profit, NGO public administration and start-up organisations all over the world. They perform a wide range of roles, including organisational strategy, management consultancy, operations management, marketing managers, international business development and coordination, and as innovation champions.
Course accreditation or membership offered by professional bodies signals to employers the quality and relevance of RMIT's courses and opens up career pathways and networks.
Professional bodies accredit or recognise courses as meeting professional and academic standards deemed to be essential for a new graduate entering into that profession. An accredited course will either enable the graduate to enter directly into a professional qualifications program or provide the graduate with exemptions or credit towards a post university professional qualification.
This type of accreditation is where a statutory body must approve a course of study in order for a graduate to practise in that profession.
Professional bodies or associations are representative organisations of professions that provide membership and other career development support to its members. Many professional bodies offer membership opportunities for students and new graduates with benefits such as career advice, networking within the profession and access to resources not available through the university. The aim of these benefits is to assist with your transition from university into the profession.
Current course accreditations and information about membership and development opportunities for students and graduates.
You need to satisfy all of the following entry requirements to be considered for entry into this degree.
^Upon successful completion of the Graduate Certificate you will have the opportunity to progress to the Master degree.
*If your qualification was completed more than 10 years ago you will need to provide evidence of ongoing professional work and/or professional development in the same discipline as the program for which you are seeking entry to be granted advanced standing.
RMIT aims to grant as much credit as possible at the time of offer so it’s important to provide as much evidence of prior study or work experience as possible with your application.
There are no prerequisite subjects required for entry into this qualification.
A selection task is not required for entry into this qualification.
You must meet the University's minimum English language requirements to be eligible for a place in this program.
You need to satisfy all of the following requirements to be considered for entry into this degree.
You must have successfully completed:
An Australian Bachelor degree (or equivalent overseas qualification) or higher level qualification in any discipline from a recognised tertiary institution with a minimum GPA of 1.0 (out of 4.0)
OR
An Australian Bachelor degree (or equivalent overseas qualification) or higher level qualification in any discipline from a recognised tertiary institution and a GMAT overall minimum score of 550.
You must have successfully completed:
An Australian Bachelor degree, (or equivalent overseas qualification) or higher level qualification in a business (or related) discipline from a recognised tertiary institution with a minimum GPA of 1.0 (out of 4.0)*
OR
An Australian Bachelor degree (or equivalent overseas qualification) or higher level qualification in a business (or related) discipline from a recognised tertiary institution and a GMAT overall minimum score of 550*.
OR
The RMIT Graduate Certificate in Business Administration^.
*^Upon successful completion of the Graduate Certificate you will have the opportunity to progress to the Master degree.
*If your qualification was completed more than 10 years ago you will need to provide evidence of ongoing professional work and/or professional development in the same discipline as the program for which you are seeking entry to be granted advanced standing.
Please note: October intake is not available to students with advanced entry.
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:
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.
The Graduate Certificate in Business Administration is a pathway to the Master of Business Administration.
Upon successful completion of the Graduate Certificate in Business Administration you can continue your studies in the Master of Business Administration and receive 48 credit points worth of credit (equivalent to one semester of full-time study) for courses completed in the Graduate Certificate in Business Administration.
If you have successfully completed one of the following qualifications* with a major in a business or related discipline, or an unrelated discipline with two years relevant work experience, you may be eligible for advanced standing as follows:
Qualification level |
Masters exemptions offered |
Remaining program duration* |
|---|---|---|
| Bachelor degree (AQF level 7) | 48 credit points (equivalent to one semester of full-time study) | 144 credit points (equivalent to three semesters of full-time study) |
| Bachelor degree (Honours) (AQF level 8) | Up to 96 credit points (equivalent to two semesters of full-time study) | 96 credit points (equivalent to two semesters of full-time study) |
| Graduate Certificate (AQF level 8) | 48 credit points (equivalent to one semester of full-time study) | 144 credit points (equivalent to three semesters of full-time study) |
| Graduate Diploma (AQF level 8) | Up to 96 credit points (equivalent to two semesters of full-time study) | 96 credit points (equivalent to two semesters of full-time study) |
| Master degree (AQF level 9) | Up to 96 credit points (equivalent to two semesters of full-time study) | 96 credit points (equivalent to two semesters of full time study) |
The Australian Qualifications Framework (AQF) is the national policy for Australian qualifications in vocational and higher education.
*If your qualification was completed more than 10 years ago you will need to provide evidence of ongoing professional work and/or professional development in the same discipline as the program for which you are seeking entry to be granted advanced standing.
Applicants with relevant work experience in management and leadership may also be eligible for a further reduced duration in the form of RPL of up to 48 credit points at the time of offer (equivalent to one semester full time study).
This may enable you to complete your program in one year or less.
Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.
Upon successful completion of this program, you may be eligible to undertake further studies in related programs at RMIT University, including postgraduate research programs, subject to program entry requirements.
When you successfully complete the Graduate Certificate in Business Administration you are guaranteed entry into the Master of Business Administration with 1 semester of advanced standing (equivalent to 48 credit points).
Alternatively, you can gain entry from a range of RMIT undergraduate programs.
If you have successfully completed one of the following qualifications within the last 10 years with a major in a business or related discipline, you may be eligible for advanced standing as follows:
| Qualification level | Advanced standing | Remaining program duration |
|---|---|---|
| Bachelor degree (AQF level 7) | 48 credit points (equivalent to one semester full time study) | 144 credit points (equivalent to three semesters full time study) |
| Bachelor honours degree (AQF level 8) | 96 credit points (equivalent to two semesters full time study) | 96 credit points (equivalent to two semesters full time study) |
| Graduate certificate (AQF level 8) | 48 credit points (equivalent to one semester full time study) | 144 credit points (equivalent to three semesters full time study) |
| Graduate diploma (AQF level 8) | 96 credit points (equivalent to two semesters full time study) | 96 credit points (equivalent to two semesters full time study) |
The Australian Qualifications Framework (AQF) is the national policy for Australian qualifications in vocational and higher education.
When you are submitting an application, please indicate that you want to be considered for credit.
Applicants with a bachelor honours degree, graduate certificate, graduate diploma or masters degree qualification majoring in a different discipline may also be eligible for credit transfer of up to 48 credit points (equivalent to one semester full time study).
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 weightings, and reference to the learning resources.
Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.
Upon successful completion of this degree, you may be eligible for entry into an RMIT Masters by Research or Doctoral (PhD) program.
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.
This program is offered on a full-fee paying basis only. If you are offered a place, you will need to pay the full tuition costs of your program. However, eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) may apply to defer payment of some or all of their tuition fees via the Commonwealth Government’s FEE-HELP loan scheme.
For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.
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 2023 is $326.
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.
Eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) may apply to defer payment of some or all of their tuition fees via the Commonwealth Government’s FEE-HELP loan scheme.
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.
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.
You may be eligible to apply for income tax deductions for education expenses linked to your employment.
See the Australian Taxation Office (ATO) for more information.
For Indigenous students commencing the EMBA or MBA; worth 100% of tuition fees paid
RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.
The annual tuition fee for 2023 is AU$48,000.
The total indicative tuition fee for 2023 commencement is AU$96,000 (full 2 year program plan MC199P15).
For students who meet the entry requirements for the 1.5 years program (program plan MC199EXE15), the total indicative tuition fee for 2023 commencement is AU$72,000.
If you do not meet the entry requirements, you will be offered a place in the full two year program.
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.
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.
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.
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.
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.
