The Melbourne School MBA Program has been ranked as number 26 in the world as per QS in 2019. The Melbourne School offers a full-time MBA program to help people gain the people skills, work experience, and networks for a bright career ahead. The class of 2019 of the Melbourne School MBA program had students from diverse backgrounds with an average work experience of 6 years. Their average age was 29 years and the average GMAT score of 695. Their professional backgrounds were diverse and ranged from hospitality and tourism to advertising and retail. If you want to pursue the Melbourne School MBA program, you need to research information about admissions, requirements, admission process, etc. All of this vital information has been covered here in this article.
Course Curriculum
The full-time Melbourne School MBA program consists of 8 terms. The first term has business foundation courses like Leadership, Data Analysis, Managing People, etc. Term 2 is innovation boot camp. It includes areas like Financial Accounting, Finance, Marketing, etc.
The next three terms, Term 3, 4, and 5 cover the remaining core subjects in addition to the elective courses that can be chosen by students. After this, there are exchange programs and internships.
Eligibility Criteria & Entry Requirements
If you want to apply to the Melbourne School MBA program, you are required to know about different entry requirements and eligibility criteria.
1) A minimum full-time work experience of 2 years
2) All the academic transcripts (undergraduate and postgraduate)
3) Personal statement related to the goals of the applicant and how she/he can contribute to it
4) Names and contact details of two professional referees.
5) Good score in GMAT – The average GMAT score of their students is 695 or higher
6) A good IELTS/TOEFL score – a minimum score of 7.0 overall with a minimum of 6.5 in individual band is required in IELTS. A minimum score of 102 with a written score of more than 24 and no individual score lower than 21 is required in internet-based TOEFL. A minimum score of 65 with a minimum score of 65 in all communicative skills is required in PTE.
7) Resume
Course Fee
The program fee of the Melbourne School MBA Program is AUD 89,500. All the program costs are covered under this and this can be paid in instalments. Other than this, there are other expenses for living in Australia like medical insurance for the duration of the stay of AUD 1,330 per year. This is paid with the first instalment of the fee.
Scholarships
There are different scholarships of varying amounts to fund the tuition fee of deserving students. Some of the scholarships awarded for the Melbourne School MBA program students are –
1) Rupert Murdoch Fellowship – A full tuition + $9,500 is awarded to Australian citizens or permanent residents.
2) Clemenger BBDO Scholarship – Its value is $50,000 and is available for all students irrespective of their citizenship.
3) Kraft Heinz Scholarship – Its value is 5 X $12,000
4) Dean’s International Management Scholarship – Its value is the full tuition fee.
5) Diversity Excellence Scholarships – Its value is $50,000.
Placement Statistics
The employment statistics for the class of 2019 have been quite good. 96% of the students accepted job offers within 3 months of graduation. Some of the best companies that recruited from the Melbourne School MBA program are EY, Microsoft, KPMG, PwC, etc.
How to Apply
The admissions to the Melbourne School MBA program happens in rounds and there are different deadlines for the applications. They have been discussed below –
1) Round 1 – The application deadline for this round is August 31.
2) Round 2 – The application deadline for this round is November 30.
3) Round 3 – The application deadline for this round is April 30.
4) Round 4 – The application deadline for this round is May 31.
The first step is to fill the online application form for the Melbourne School MBA program. All the required documents that have been discussed earlier need to be attached.
The essays asked for the Melbourne School MBA program are –
What are your long term career goals? (250-300 words)
What is unique about your background and experience that you would bring to your classmates at MBS? (250-300 words)
What gaps in your knowledge or skills do you hope that this program will help you to work on? (250-300 words)
Describe a workplace situation where you had a responsibility for managing people. Reflect on what you learned. (250-300 words)
Check here for essay tips – Application essays, Structured Thinking, Visualization, Story Telling
Once the candidates for each round are selected on the basis of their applications, they would be required to interview either in-person or telephonically. The duration of this interview is about 20-30 minutes.
It is highly recommended to pay equal attention to different admission requirements like GMAT score, essays, personal statement, etc. as the selection committee wants all-rounder candidates. Prepare well, perform well.
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