Melbourne, AU · 23 months
Melbourne Business School MBA: cost, salary and payback
A 23-month Melbourne MBA priced at A$120,384 for international students, whose school publishes no graduate salary we could use.
Paid back after graduation in
salary not published
Total cost $256,505
| Tuition and fees, whole program | $84,005 |
| Living budget | $0 |
| Salary given up, 23 months | $172,500 |
| Total cost | $256,505 |
| Salary after: salary | not published |
US dollars at the ECB rate of the last update. Raises of 5% a year with the MBA and 3% without, discounted at 5%, before tax. The school publishes no living budget: the figure above is yours. How this is calculated.
Fees and budget read on October 13, 2026 · employment: latest report · Built by Radif Partners · Method
- Tuition and fees
- A$120,384
- Total cost, salary given up included
- n/a
- Salary
- not published
- Payback, reference person
- not computable
Melbourne Business School, the business school of the University of Melbourne, charges international students A$120,384 for its full-time MBA in 2026, about $84,005 at the ECB rate, and Australian students A$112,536. That is all the cost data this page can give. The school publishes no living budget on the pages we could read, and its careers page carries no employment statistics: no salary, no share of graduates in work, no split by industry or region. Without a salary and a budget, our model cannot compute a total cost or a payback for the reference person earning $90,000, and the school stays out of our rankings. What we can say is how long the program keeps you out of work: 23 months, which at $90,000 a year means about $172,500 of salary given up before tax, more than the tuition itself, a cost the fee alone hides.
Nearly two years away from a salary
The full-time MBA runs 23 months. Only 4 of the 75 schools in our data run longer, and the length shapes the cost more than the fee does. For the reference person on $90,000, the months without pay add up to about $172,500, more than the whole tuition. Anyone earning more pays proportionally more, and a sponsored candidate whose employer keeps paying a salary pays almost nothing on this line. The mini below converts any salary into what 23 months away cost you.
The salary you give up while you study
Salary given up, net of the internship
$157,500
| Gross salary not earned | $157,500 |
| Per month away | $7,500 |
Pension contributions and raises you would have had are not counted here.
What a careful applicant has to ask the school
A payback needs three numbers the school does not publish on its open pages. The first is a salary for recent graduates, with its nature: median or average, base or total pay, and for which class. The second is a living budget for 23 months in Melbourne, including health cover. The third is the share of the class that found work within three months, since a salary describes only those who did. Ask admissions for the latest employment report and check whether it follows a standard such as CSEA, which fixes how the figures are counted.
Once you have a salary, type it in the calculator at the top together with your own estimate of rent and daily costs: the tool then gives the payback that this page cannot. Test a low and a high case, since the gap between them says more than either figure alone, and treat any salary quoted without a class year as an alumni figure rather than a starting one.
Paying in Australian dollars
The fee is billed in Australian dollars, so its cost in your currency moves with the exchange rate between the offer and each payment. The other Australian school on this site, AGSM UNSW, charges $60,542 for a 12-month program and publishes a living budget, which makes it the easier of the two to price. For a comparison across Asia and the Pacific on the schools that do publish their outcomes, the Asia ranking uses the same model as every page here.
A fee or a salary in US dollars
In US dollars
$111,880
| 1 EUR | $1.119 |
ECB reference rate of October 13, 2026. Prices on the ground do not follow exchange rates one for one.
Where Melbourne Business School stands in our rankings
Not ranked: Melbourne Business School does not publish a living budget for students or a graduate salary, which our ranking needs. Its cost is complete above.
Our fit score, reference person earning $90,000 before the MBA (method). Third-party rankings play no part in it.
What the Melbourne Business School MBA costs
| Item | AUD, and US dollars |
|---|---|
| Tuition, whole program | A$120,384 $84,005 |
| Living budget | not published |
Not published by Melbourne Business School in the documents we read: a living budget for students; a graduate salary; the split of the class by industry; where graduates went to work; the split by job function. We leave these blank rather than fill them with an estimate.