MBA at Deakin University

Deakin Business School offers an MBA at Deakin University, which has been accredited by AACSB and EQUIS. The program was listed in CEO Magazine 2025 Top 20 Online MBAs globally. It is intended to benefit professionals who would like to develop their business, leadership, and decision-making abilities without having to turn away from their current career or other requirements.

The duration of the MBA program is 1 to 2 years, depending on the previous qualifications, work experience, and accepted prior learning. The average MBA fees at Deakin University are AUD 50,400 (approximately INR 34.31L) for 1 year of full-time study. Students must also cover their living expenses in Australia, such as accommodation, food, transportation, health insurance, and other expenses. 

This article covers the MBA course at Deakin University in Australia, benefits of studying an MBA at this university, the specialisations offered by this program, the application process, admission criteria, costs, and career prospects. It also provides an understanding of what is required to be eligible for an MBA at Deakin University.

Top Reasons to Study MBA at Deakin University

Deakin's MBA focuses on the practical application of skills professionals rely on in their daily work. Rather than business theory, this course puts leadership, strategy, decision-making, and business scenarios together.

• Award-winning business school: Deakin Business School is recognised both nationally and internationally, having been given accreditation by the AACSB and EQUIS.
• English for practical approach: Case studies, projects, and real-life business problems provide students with the opportunity to apply English outside the classroom.
• Leadership skills: Gives professionals the ability to lead teams, make decisions, and overcome business challenges. 
• Be exposed to industry: Deakin has relationships with industry that can provide opportunities for students to gain insight into the applicability of business concepts in the business world.
• Flexible learning: The program provides students with flexible options when learning.
• International business exposure: Some students have access to business problems beyond the limits of the Australian market, which could be helpful in their future careers with Multinational organisations.
• Global recognition: Top 20 Online MBA program in the world in 2025 by CEO Magazine.

Check out: MBA in Australia

MBA at Deakin University Specializations

The MBA gives students room to shape their studies around their professional interests. Depending on the course structure and available units, elective areas can help students build knowledge in fields such as the following.

Business Analytics

Students interested in using data to support business decisions can build their understanding of areas such as:

• Business data analysis
• Data-driven decision-making
• Business intelligence
• Data interpretation

Finance

Financial management within an MBA can give students a better understanding of how businesses handle money, evaluate performance, and make financial decisions.

Areas of study may include:

• Financial management
• Corporate finance
• Financial analysis
• Investment decisions

Marketing

Those who like to learn about customers, markets & brands have the option of the elective field of marketing that is related to their extensive knowledge of business studies. 

These may include:

• Marketing strategy
• Consumer behaviour
• Digital marketing
• Brand management

Leadership

Study focused on leadership can facilitate the management of people, teams and changes in an organisation.

Students may build skills in:

• Leadership development
• Organisational management
• Strategic decision-making
• Change management

Consulting

Consulting-related study can be useful to those professionals who like finding solutions to business problems, strengthening their analytical and advisory skills, and, if necessary, acquiring new skills.

Relevant areas may include:

• Business consulting
• Problem-solving
• Strategic advisory
• Business analysis

Supply Chain Management

Supply chain-focused study looks at the movement of products, services, and resources and how these areas affect the wider business.

Students may learn about:

• Supply chain strategy
• Procurement
• Logistics
• Operations management

If you want to know about the best specializations according to the recent trends, read Best Streams for MBA.

Eligibility and Admission Requirements for MBA at Deakin University

Upon consideration of their academic profile, work experience, and chosen path for admission, the requirements for MBA at Deakin University vary. Not all applicants will have the same admission requirements for Deakin, as there are various pathways. 

Academic Qualifications

Students may enter the MBA through different academic pathways depending on prior learning and recognised prior learning.

• Bachelor's degree or an equivalent qualification
• Graduate certificate, graduate diploma or higher qualification in a relevant discipline
• Minimum 65% WAM for applicable 1-year, 1.5-year and 2-year pathways

The academic requirement can differ based on the qualification already held and the pathway being considered.

Work Experience

Professional experience is an important part of the admission process, particularly for applicants looking at accelerated study options.

• Relevant professional or business experience
• At least 2 years of relevant work experience for certain accelerated pathways
• Professional or managerial responsibilities may be considered during assessment
• Relevant work experience in planning, operations, staffing, or financial management can be helpful

Applicants are advised to check which pathway they fall under before filling out the application form. 

English-Language Proficiency

International applicants must demonstrate the level of English needed for the course. 

Test	Minimum Requirement
IELTS Academic	Overall 6.5, with no band below 6.0
TOEFL iBT	79 (writing 21)
PTE Academic	60, No less than 50 in each skill

Other forms of approved English-language evidence may also be accepted in certain situations.

Additional Admission Requirements

Along with academic records, applicants may need to provide:

• Academic transcripts
• Current CV
• Contact details of two professional referees
• One-page statement explaining their work experience
• Statement of Purpose (check the correct SOP Format)
• Letter of Recommendation (check the correct LOR Format)

Deakin may seek further information if it is necessary to make an informed decision about the applicant's qualifications or professional experiences. 

Cost of Studying MBA at Deakin University

The total estimated MBA fees at Deakin University are AUD 50,400 (INR 34.31L) per year. The final amount may differ depending on the number of units, the student's study load, the duration of the course, and any prior learning a student may introduce and have recognised. 

Expense	Approximate Annual Cost (AUD / Approximately in INR)
MBA Tuition Fee	AUD 50,400 per year (approximately INR 34.31L)
Overseas Student Health Cover	AUD 600-900 (approximately INR 40,842-61,263)
Books and Study Materials	AUD 500-1,000 (approximately INR 34,035-68,070)

Tuition costs are only a portion of the total cost. As students, they must also include living costs in their budget, such as rent, food, transportation, utilities, and the cost of their own. Academic year fees may also vary for subsequent years. 

Suggested Read: Cost of MBA in Australia

Cost of Living in Australia for Deakin MBA Students

Every student will have to pay living expenses, depending on their habits and choices of residence and daily expenses. When planning a budget for the month, you can use the following information as a guide and stay close to Deakin's Burwood campus: 

Expense	Estimated Monthly Cost (AUD / Approximately in INR)
Accommodation	AUD 1,700-2,700 (approximately INR 1.16L-1.84L)
Food	AUD 400-600 (approximately INR 27,228-40,842)
Utilities and internet	AUD 150-300 (approximately INR 10,211-20,421)
Personal expenses	AUD 150-300 (approximately INR 10,211-20,421)
Transport	AUD 130-200 (approximately INR 8,849-13,614)

These are not set costs, but general planning figures. If a few students are living together in the same house and cooking at home, it can make a huge difference to the monthly budget, not to mention sharing a car ride to and from work. 

Know more about the cost of living in Australia.

Top Scholarships for MBA at Deakin University

A variety of Deakin scholarships are offered to overseas students, including some merit scholarships. There are different applications for each scholarship, so applicants should be alert, read about the terms of every scholarship, and apply if they deem it appropriate. 

1. Deakin Vice-Chancellor's Meritorious 100% Scholarship

This scholarship has been created to fund high-achieving students from India intending to study in Australia at Deakin University. 

• Value: 100% fee waiver for the entire length of a qualifying degree program offered on campus in Australia. Priority housing may be available for the recipient as well. 
• Eligibility: Indian citizens who have lived in India with exceptional academic performance. The overall average that is generally valued for an Award would be 85% overall in Year 12 or 80% in a Bachelor's degree average.

2. The India Bursary (Up to 30% Tuition Reduction)

The India Bursary offers financial assistance to applicants from India and a discount on the overall tuition fee charged for studies at Deakin.

• Value: Up to 30% tuition fee reduction for the duration of the degree. This includes a 20% base bursary combined with a temporary 10% India Support Bursary.
• Eligibility: Indian passport holders living in India who meet the standard entry requirements for their chosen course. A minimum academic average of around 55% may be considered for eligible applicants.

3. Deakin International Meritorious 25% Scholarship 

The scholarship is designed for students from the South Asian nations intending to pursue academic education at any Deakin campus in Australia. 

• Value: 25% tuition fee reduction for the standard duration of the eligible program.
• Eligibility: Indian students with strong academic records, generally requiring an average of 75% or higher in their previous studies.

4. Deakin Vice-Chancellor's International Scholarship

A scholarship for outstanding international students from all over the world wanting to come to study at Deakin University in a competitive program. 

• Value: 50% or 100 % tuition fee reduction for the course duration 
• Eligibility: The general requirement for Indian applicants is an average of 75% marks or equivalent in their last academic qualification, along with a good track record of community participation. 

5. Australia Awards Scholarships

The scholarships are provided by the Australian Government and are available to students from eligible developing countries.

• Value: Fully funded support comprises tuition fees, return airfares, an establishment allowance, Overseas Student Health Cover (OSHC) and contribution towards living expenses.
• Eligibility: Since Australia Awards Scholarships are unique to each country, applicants must align with the Award's eligibility criteria, which may include academic qualifications and other country-specific requirements. 

If you are still worried about the costs, then read Fully Funded Scholarships in Australia.

How to Apply for MBA at Deakin University?

The application process for the MBA at Deakin University Australia is quite easy. Applicants need to have all their academic and professional documents before applying. 

• Step 1: Check Eligibility

Review the qualifications for the type of MBA program you are interested in pursuing.

• Step 2: Prepare Documents

Prepare transcripts, CV, results of English tests, and some details about your referees. 

• Step 3: Submit Application

Submit your application through Deakin's application portal or an authorised Deakin education agent.

• Step 4: Complete Selection Process

Follow up on additional documents/information requests throughout the evaluation process.

• Step 5: Receive Admission Offer

Review your offer, accept your place, and complete the required enrolment steps.

• Step 6: Apply for Student Visa

Once you have the required enrolment documents, you can begin the Australian Student visa process.

Intakes for MBA at Deakin University

There are three intakes of the MBA program throughout the academic year in March, July, and November. In last-minute planning, it is best to check the actual due dates of applications, particularly for international students. 

March Intake

• Start: March
• Application timeline: Apply before the published deadline
• Availability: MBA study period available

July Intake

• Start: July
• Application timeline: Check the relevant deadline for international applicants
• Availability: Subject to course and study-mode availability

November Intake

• Start: November
• Application timeline: Check the latest course deadline
• Availability: MBA study period available

International students must apply at an early stage so that time for admission, visa application, and enrolment is allowed.

Suggested Read: Intakes in Australia

Career Opportunities After MBA at Deakin University

An MBA at Deakin University can lead to a variety of careers in fields like finance, marketing, operations, general management, business analysis and consulting. What a graduate can expect to earn and get in the various roles they might qualify for will be determined by their past experience, industry, employer, and location. 

Job Role	Approximate Annual Salary in Australia (AUD / approximately in INR)
Finance Manager	AUD 120,000-150,000 (approximately INR 81.68L-1.02Cr)
Operations Manager	AUD 85,000-140,000 (approximately INR 57.86L-95.30L)
Marketing Manager	AUD 100,000-135,000 (approximately INR 68.07L-91.89L)
Business Development Manager	AUD 78,000-120,000 (approximately INR 53.09L-81.68L)
Project Manager	AUD 95,000-100,000 (approximately INR 64.67L-68.07L)
Management Consultant	AUD 83,000-100,000 (approximately INR 56.50L-68.07L)
Business Analyst	AUD 80,000-100,000 (approximately INR 54.46L-68.07L)

Source: Glassdoor

These compensation estimates may vary depending on other factors including experience, industry, employer, and location. 

Top Recruiters for Deakin MBA Graduates

Deakin MBA graduates have opportunities in service sectors like banking, cyber technology and consulting services, retail, manufacturing, logistics, healthcare and professional services. 

Some major employers in these areas include:

• Commonwealth Bank
• ANZ
• NAB
• Deloitte
• PwC
• KPMG
• Accenture
• Telstra
• Woolworths Group
• Coles Group