10 Top Business Schools in Melbourne-Tuition & Programs

Are you considering attending any of the business schools in Melbourne? We think that is a great choice. 

When it comes to studying business, you have a variety of areas to pick from. All you have to do is look for the one you are most interested in.

These areas can range from accounting to finance or business management to business administration. You have a plethora of options just for you. 

Also, there is a high demand for people who study business, which means there are amazing job opportunities after you graduate. On this note, this article will be looking at the best business schools in Melbourne.

Now, the question would be, why should you study business in Melbourne? Melbourne is one of the most liveable cities in the world because of the high standards of stability, healthcare, culture and environment, education, and infrastructure.

Melbourne is the second-largest city in Australia and also happens to be one of the most popular student destinations in the world.

There are major benefits of living in Melbourne, some of them include a friendly city for foreigners, high-quality education with some of the best-ranked universities worldwide, reliable public transport, numerous job opportunities, and excellent student support.

Melbourne is surprisingly an affordable place to live if you choose to live within your means, of course. Rent over there begins at under $1,000 per month and food prices are reasonable.

Just like any other city, Melbourne has its cons also such as, the language and accent might be an issue for foreign students, and difficulty in locating accommodation. All in all, there is more to the city than meets the eye.

A recent study by UCL revealed that Australia is overtaking the United Kingdom as the second-most popular study destination for international students. Melbourne is one of the hot spots in Australia’s academic sector.

A business school in Melbourne is ranked by the Financial Times and The Economist as the best in the country.

Some schools also claimed the number one position for Australian business schools in the latest QS rankings.

Also, the business schools in Australia consistently feature in the Financial Times’ top 100 business schools. This is partly due to the esteemed academic staff employed by these business schools.

We know just how important it is for you to choose the right course and the right institution to take the course. This is the reason we are bringing to you ten of the best business schools in Melbourne, to help you narrow your options down. 

The List of Best Business Schools in Melbourne

Business schools like Melbourne Business School & AGSM are definitely worth the money and your time. In business schools like that, you will be surrounded by smart and interesting individuals from around the world. Getting an admit from these schools in itself is an achievement. Look at the business schools in Melbourne below:

Melbourne Business School (MBS)

Melbourne Business School is the first school on our list. It is not a surprise that this school should be the first on a list of the 10 best business schools in Melbourne. Remember the school that was ranked by the Financial Times and The Economist as the best in the country? Yes, this is the same school.

MBS is a graduate business school at the University of Melbourne. The school was established in 1955 and it offers an MBA program, specialist Master’s programs, a doctoral program, and executive education programs. 

A bit of history for you; the first MBA degree was awarded in 1965 and it was also the first MBA degree awarded in Australia.

The MBA program at MBS offers several specializations including Leadership, Data Analysis, Managerial Economics, Managerial Ethics, and the Business Environment, Financial Accounting, Finance, Marketing, Operations & Business Strategy.

MBS holds AACSB and EFMD (EQUIS) accreditation and is ranked among the best in the world by the Financial Times, The Economist, Bloomberg BusinessWeek, and QS. 

You can check out the program fee for MBS over here.

Graduate School of Business and Law, RMIT

Graduate School of Business and Law is an Australian graduate school inside the College of Business at the Royal Melbourne Institute of Technology (RMIT University), located in Melbourne, Victoria. 

The students here have the chance to be involved in real industry-based projects. The members of staff of RMIT’s Graduate School of Business and Law are committed to making sure they provide high-quality teaching and research that prepares the students for when they get into the real world.

The school strives to help the students achieve their goals and mentor them on the next step in their careers. Students are welcomed into the learning community where their growth is fostered to meet the challenges of the emerging digital economy.

You can view the information on the tuition fee for RMIT University here.

Deakin Business School, Deakin University

Deakin Business School provides postgraduate business programs that cover Master of Business Administration, Master of Commerce, Master of International Business, Master of Marketing, and Doctor of Business Administration courses.

Each year since 2008, Deakin’s MBA course has been awarded the maximum score of five stars by the Graduate Management Association of Australia (GMAA). This places the school in the top rank of MBA courses in Australia.

The school offers a range of business disciplines through the school’s six academic departments:

  • Department of Accounting.
  • Department of Economics.
  • Department of Finance.
  • Department of Information Systems and Business Analytics.
  • Department of Management.
  • Department of Marketing.

The Deakin Business School is known for a number of things, some of which are:

  • The school is committed to driving the digital frontier to offer its students a globally connected education for jobs of the future.

  • The school offers internationally recognized research and teaching that is of impeccable quality.

  • The curriculum of the school is focused on integrating knowledge with practical skills that give its students a competitive edge.
  • The teaching is progressive and innovative. 
  • This school also offers an online learning option.

Take a look at the fees and costs of the school here.

Kaplan Business School Melbourne (KBS)

Kaplan Business School Melbourne started in 1983, back in Brooklyn. The school is an Australian independent higher education institution that has made its way to becoming an international brand. It offers recognized business programs, has a practical study module, and is affordable.

In 2020, the Tertiary Education Quality and Standards Agency (TEQSA) re-registered Kaplan Business School as a Higher Education Provider for seven years with zero conditions. TEQSA commands the school in the areas of student support and feedback, academic progression of students, academic policy and practice, and also its approach to academic integrity.

The school offers accredited postgraduate programs in business, accounting, and business analytics, and accredited undergraduate courses in several business-related academic disciplines such as accounting, management, marketing, and hospitality and tourism management.

The courses offered can be studied wholly online or blended with face-to-face lectures. In 2019, the increasing enrolments made Kaplan Business School the third most popular MBA in Australia. Also, it is the second largest non-university business school in Australia. 

You can get info about the tuition fees here.

La Trobe Business School – La Trobe University

La Trobe Business School has a mission of becoming a community of students, academics, and professionals who are committed to improving business learning through education and research that are innovative, engaging, responsible, and sustainable.

The school promotes a quality and engaging learning environment that nurtures a real-world focus on knowledge and skill development in its students.

The courses offered at the school are applied and innovative and they meet the needs of both the students and the industry.

The courses at La Trobe are grounded in developing student knowledge of key concepts and theories.

They also deepen the business skills and knowledge of their students through authentic, problem-based learning that addresses real-world challenges that are faced by organizations.

The school is accredited by the AACSB, and EFMD program for its MBA and has a strong national and international profile.

Overall, this business school is out to make significant contributions to its students. You can get details on its costs, fees, and scholarships here.

Victoria University Graduate School of Business

Victoria University Graduate School of Business has an academic curriculum that follows a standard path. Students are required to complete core units such as financial analysis and work and organization systems. With this variety, the graduates from this school can gain employment in a number of management roles, across a multitude of industries.

This business school is found at Victoria University. It is a public research university with a campus in Melbourne. The institution is a globally recognized one, it ranks in the top 2% of universities worldwide.

The University first opened its doors to students in 1916. It was established to raise students out of the ranks of unskilled laborers. The business school of this institution is among the best found in Melbourne.

Over here, you can find the details about the fees and scholarships of the school.

Dolph Business School

Dolph Business School is a nationally recognized education provider that is committed to empowering its students through motivation, education, and support.

These help each student achieve greatness in both their education and self-development.

It is approved by the Australian Skills Quality Authority (ASQA) and is accredited to offer both online courses and on-campus courses for students.

The private college offers a quality education that enhances individual performance and also elevates the professional standards of students.

This is done through innovative training programs in numerous disciplines, research, and extension activities.

You can take a look at the fees of domestic students here and international students here.

Choice Business College – Melbourne Campus

Choice Business College – Melbourne Campus made it in our list of 10 best business schools in Melbourne. The college was established in 2015 and is a modern educational institution.

The college offers education mainly in Arts, Science, Engineering, and Law, among others, and tried to provide an education that develops the internal capabilities and strength of its students.

It also seeks to imbibe in the students an unrelenting passion for excellence and success.

Students here can be rest assured that they will receive the best education and skills that will make them job-ready and actively ready to make the most of their potential, for long-term professional success.

The courses they offer are nationally qualified and they are tailored to meet the needs of all students: domestic and foreign.

Victorian Institute of Technology (VIT)

Victorian Institute of Technology (VIT) is a Registered Training Organization that has established a good reputation for delivering education that is of quality. The institution was established in 1998 and it offers students excellent facilities and resources.

It specializes in offering a wide range of accredited vocational education and training programs in several fields. The courses focus on industry needs and provide graduates of the school with the qualifications and skills they would need to meet the modern-day workplace.

VIT is recognized as a quality Higher Education provider by a number of professional industry bodies such as the Tertiary Education Quality and Standards Agency (TEQSA), the Australian Skills Quality Authority (ASQA), and the Department of Education.

Check out the details of the fees and scholarships here.

Stott’s College – Melbourne

Stott’s College – Melbourne is a private college that was established in 1883. The school has three major departments: Higher Education (Bachelor Degree), Vocational (Diploma), and VCE (Victorian Certificaf Education). Higher Education is split into two separate major streams which are business and community services.

Despite the year, it was founded, the school has stood the test of time and has evolved over the past 134 years to become a quality private education provider.

In 2006, the college was registered and accredited as a Higher Education provider to provide Undergraduate Programs in Business, Bachelor of Business Accounting, and Bachelor of Business Community Services Management. 

The academic staff of the school ensures the provision of excellent teaching, student services, and counseling, both academic and first language counseling.

The operations of the college are regulated by the Tertiary Education Quality and Standards Agency, the Australian Skills and Quality Agency, and the Victorian Registration and Qualifications Authority.

Fees for local students here and international students here.

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