The school says the program attracts students from across the world. Apart from offering all the core subjects of a traditional MBA, it has a range of advanced extras and overseas travel to Asia. The program helps participants to broaden their horizons, create an international network and develop the capabilities to meet any challenge.

International Candidates, Apply by March 31 for One-Year MBA at Melbourne Business School

Application Deadlines

With the program set to get underway in August, Round 3 applicants will get their interview invitation by April 16 and final notification by May 5. This round will be the last one for International applicants.

Round 4 is only for domestic applicants. The deadline is April 30 with an interview decision by May 15 and a final decision by June 5.

How to Apply

Along with the application, you should submit GMAT scores of the test taken within 5 years. The average score of the students at MBS is 705 or higher. The school accepts only GMAT scores and not the GRE.

An up-to-date resume showing a minimum of two years’ work experience is needed. You should submit a copy of your undergraduate academic transcript and any postgraduate transcripts, if relevant.

A passport or verified document showing current citizenship/residency status is needed. Non-native speakers of English should file a copy of your IELTS or TOEFL score. For IELTS, you will need a minimum score of 7.0 overall, with no individual score less than 6.5. For TOEFL iBT, you will need a minimum score of 102, with a written score minimum of 24 and no individual score lower than 21.

You should submit personal statements relating to your goals and how you can contribute to the program. You should provide the names and contact details of two professional referees.

Selection Process

The shortlisted candidates will be invited to attend a compulsory interview, which can be conducted in person, over the phone or by teleconference. The interview duration is approximately 20 to 30 minutes.

A selection committee will make the final decision on each applicant to achieve a cohort that reflects gender balance and a diverse representation of industries, academic backgrounds and nationalities. Restrictions are also placed on the number of students from any one country or region.

Successful applicants will be notified via email. The offer may include the award of a scholarship.

Fees & Other Expenses

The 2020 program fee for the Full-time MBA is $89,500. It covers all program costs, including flights and accommodation for the Business in Asia field trip. It can be paid in installments.

On receiving the admission order, a non-refundable deposit of $8,900 is needed to hold your place. This deposit is offset against your first fee installment on acceptance of the offer. FEE-HELP is available for eligible Australian citizens and permanent residents.

International students should budget approximately $560 for visas. You must have medical insurance for the duration of your stay in Australia. The cost is approximately $729 per year (based on 2018 prices; more for a couple or family) and is paid with your first installment of the fee.

A wide range of scholarships is available for eligible candidates. All applicants are automatically considered for scholarships but to be eligible for some, you should apply by a certain date.

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With the Early Round and Round 1 application deadlines already over, Round 2 deadline is on January 14, 2019, interview invitation by January 15 and final decision notification on May 3. Round 3 application (international closing) deadline is March 31, interview invitation on April 15 and final decision on May 3. Round 4 (Domestic closing date) deadline is on April 23, interview invitation on May 6 and the final decision on May 20.

The school describes its MBA as an intensive experience, designed for maximum career impact. Along with developing the business knowledge of the participants, stress is placed on their gaining an adaptive mindset and the ability to absorb and apply learnings. They also learn to build resilience and develop networking skills.

It also has a Personal Effectiveness Program for leadership and career development. The students also get exposure to real-world business issues through regular interactions with CEOs and business leaders as part of the integrated Entrepreneurial Mindset curriculum.

Eligibility Criteria

You should have a good GMAT score. Recent students had achieved an average of 705 or higher. GRE scores are not accepted. A minimum of 2 years work experience is mandatory.

The shortlisted candidates will be required to participate in an interview. An important part of the selection process, the interview could be completed over the phone, via Skype or in person.

Along with the application form, you should submit an Academic transcript (and any postgraduate academic transcripts if completed) and proof of citizenship or residency. You should have an excellent command of English and submit a copy of IELTS or TOEFL score if required. You also need to submit personal statements relating to your goals and how you can contribute to the program along with the names and contact details of two professional referees.

Candidates are assessed individually against this criteria but the final selection for the cohort is based on gender balance, diversity of industry, academic background and nationality with restrictions on the number of students from any one country/region.

The shortlisted candidates will be required to participate in an interview. An important part of the selection process, the interview could be completed over the phone, via Skype or in person. The duration of the interview will be approximately 20–30 minutes.

Once the Admissions Office receives feedback from the interviewers, your application will be re-evaluated and then presented to the Selection Committee. The Selection Committee will make the final decision on each applicant. Successful applicants will be notified of the outcome via email. Applicants with a successful interview outcome will receive an offer of admission. This offer will also include any scholarship award.

Fees & Other Expenses

The program fee is A$89,500. It covers all program costs, including flights and accommodation for the Business in Asia field trip. You must, however, set apart approximately $560 for visas.

A non-refundable acceptance deposit of A$8,900 is needed to hold your place. It will be offset against your first fee instalment once you have completed the online enrolment process.

International students must also take out medical insurance for the duration of their stay. The cost is approximately A$729 per year, based on 2018 prices, (more for a couple or family) and paid with your first fee instalment.

The competition has MBA students from Australia’s top two business schools, Australian Graduate School of Management (AGSM) and MBS participate in a variety of competitions ranging from a debating contest to netball, touch rugby and soccer matches.

The teams comprised 40 members from each school. While the debating contest contributes 40% of the points, the sporting events count for 20% each.

“There was a lot of passion and aggression by both sides on the field, as shown by the very close result, but when we heard them chanting and congratulating us on our win after the game, that was special,”

At the debate on August 27, the MBS team put forth their arguments to convince the judges that Australia should end its alliance with the US. The next day, they registered a 2–0 win in soccer, snatched a 6–4 touch rugby victory and crushed the opponent 34–12 in netball.

“A clean sweep is certainly worth bragging about for a couple of years, and three years in a row is a pretty big deal,” says Melbourne Business School student president Jude Newton. This was the first time since 2012 that MBS has enjoyed a clean sweep.

“The highlight for me was the sportsmanship. In the past, some of these encounters have been pretty intense and not always friendly on both sides. But the AGSM student co-presidents and I met beforehand and agreed it had to be fun this year and conducted in the right spirit, and it was,” she added.

She was also impressed by the AGSM supporters cheering the MBS side after their team lost the touch rugby match.

“There was a lot of passion and aggression by both sides on the field, as shown by the very close result, but when we heard them chanting and congratulating us on our win after the game, that was special,” she added.

Her pick for the most valuable player would be Chris Enright of MBS, for his contribution in the debating, touch rugby and soccer, where he saved a crucial goal.

“The cup is something that’s talked about when you start at Melbourne Business School, and a lot of AGSM students said it was a highlight of their MBA experience to come down here, meet some like-minded people, make new friends and see how things are done across the border. But I’m pretty sure they’ll want the cup back more than ever next year,” she added.

Stephen had completed his MBA at the School in 2000 and Master of Marketing in 2007.  His infant son Massimo developed a rare genetic condition as a one-year old that arrested his developmental milestones.

The boy went into regression, losing the ability to stand or speak. In 2009, there was no test to find the genetic cause or course of treatment for the condition so rare that it did not even have a name.

Stephen, who has a background in construction economics and risk management, then taught himself genomics. He then contacted  neurologists across the globe, including Queensland scientist Ryan Taft,  to analyse the genomes or DNA blueprints of not only of  Massimo but himself and his wife.

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Massimo was found to be having a previously unclassified condition now known as HBSL caused by a mutation in the DARS gene. During the research, they also developed a tool with the potential to diagnose and treat diseases as widespread as diabetes and cardiovascular conditions.

“Wherever your journey in life takes you from today, you will remain connected to the School – and wherever you go in your professional life, you will find fellow Melbourne Business School alumni.

Stephen spoke about how he drew upon the knowledge gained through MBA to spearhead this international collaboration of clinicians and scientists.

Stephen, along with his wife Sally and family doctor Leah Kaminsky, went on to write a book titled “Cracking the Code” about their experiences.

Stephen spoke about how he drew upon the knowledge gained through MBA to spearhead this international collaboration of clinicians and scientists.

The graduating class, their families and friends, along with MBS academics, filled the University of Melbourne’s Wilson Hall on 8 October for the occasion before returning to the Carlton campus for a celebration.

Speaking at the ceremony, Dean of Melbourne Business School Prof Zeger Degraeve congratulated the 325 members of the graduating class at the event on their achievements, while also reflecting on their MBS journey.

“It is one of my great joys to witness the growth of our graduates – to meet them again, a few years later, and hear the stories of how they have remained connected with their classmates, and how this connection and the knowledge, gained studying with us, has supported their journey through life.”

In one final lesson for the graduating class, Prof Degraeve noted that they now belonged to a cohort that was now far larger than their group of classmates.

“You are now a member of Australia’s oldest and strongest business school network, with more than 16,000 alumni in 95 countries,” Prof Degraeve said.

“Wherever your journey in life takes you from today, you will remain connected to the School – and wherever you go in your professional life, you will find fellow Melbourne Business School alumni.

“Your alumni network is a truly global group of leaders who can open doors, give you sage advice and provide you with the support you need to overcome challenges and make a difference,” he added.(Image Source:Google.com)