Key facts
Duration
2 years full-time or part-time equivalent
Locations
Course overview
Elevate your career by studying at a top 3 business school in Victoria* and graduate with the skills to solve complex business problems with confidence.
Whether you’re starting a new career, planning to run your own business or upskilling in your current role, the Master of Business is your pathway to business expertise in as little as two years, regardless of your previous field of study. This highly flexible degree has been purposefully designed to give you the greatest scope to shape your studies in a way that suits your personal needs. Deepen your knowledge of business with the option to study further specialist areas that match your unique career goals, all while graduating with a business qualification highly valued by employers.
Gain the skills to tackle the business challenges of tomorrow
Complement your background with a degree that will take your career to the next level.
Gain a comprehensive understanding of how businesses of all sizes work and the issues they face. Learn the principles underpinning emerging technology, financial transactions, local and global markets, social responsibility and entrepreneurial strategies, and the many ways they influence business success.
Apply process, systems and investigative techniques to foster business acumen while gaining hands-on experience through a capstone business consultancy project. Further opportunities for work integrated learning include an international consultancy, an entrepreneurship experience and a business for social impact project.
Study online or on-campus at Burwood, and graduate ahead of the curve with a business degree that prepares you for the future.
*AFR BOSS Best Business Schools 2024
Current Deakin students
To access your official course details for the year you started your degree, please visit the handbook
- Award granted
- Master of Business
- Year
2026 course information
- Deakin code
- M756
- CRICOS code?Commonwealth Register of Institutions and Courses for Overseas Students
- 117003C Burwood (Melbourne)
- Level
- Higher Degree Coursework (Masters and Doctorates)
- Australian Qualifications Framework (AQF) recognition
The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9
Flexible course delivery
Deakin’s blend of online and on-campus learning means you can balance work, study and personal development. Achieve work-life balance – study with Deakin's dedicated support and flexible learning options.
Course structure
To complete the Master of Business, you must pass 8, 12 or 16 credit points. The number of credit points required may vary, depending on your entry point or how much credit you receive as recognition of prior learning (RPL) based on your professional experience and previous qualifications.
A 16-credit point Master of Business includes:
- DAI001 Academic Integrity and Respect at Deakin (0-credit-point compulsory unit) in their first study period
- 8 credit points of core units
- 4 credit points of course elective units
- 4 credit points of open elective units.
Most units are equal to one credit point. As a full-time student you will study four credit points per trimester and usually undertake two trimesters per year.
All students are required to meet the University's academic progress and conduct requirements.
To be completed in the first trimester of study:-
Complete four (4) credit points of course elective units, which must include at least one (1) unit from each of the following groups:
Business and Society units
Select one (1) from:
Business and Technology units
Select one (1) from:
Capital Market units
Select one (1) from:
SME and Entrepreneurship units
Select one (1) from:
Open electives can be chosen from a wide range of level 7 study areas across the University, subject to availability and meeting any pre-requisites. Choose open electives to suit your interests, career aspirations or to broaden your academic experience beyond your discipline study area.
Mix and match Deakin stackable short courses (0.5cp microcredentials) to earn credit towards your degree, subject to eligibility. Any stacking must add up to a whole number to be used for credit. See more information on Stackable short course options.
Intakes by location
The availability of a course varies across locations and intakes. This means that a course offered in Trimester 1 may not be offered in the same location for Trimester 2 or 3. Check each intake for up-to-date information on when and where you can commence your studies.
- Start date: March
- Available at:
- Burwood (Melbourne)
- Online
- Start date: July
- Available at:
- Burwood (Melbourne)
- Online
Course duration
You may be able to study available units in the optional third trimester to fast-track your degree, however your course duration may be extended if there are delays in meeting course requirements, such as completing a placement.
Mandatory student checks
Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.
Workload
You can expect to participate in a range of teaching activities each week. This could include lectures, seminars, online interactions, or professional experiences for Work Integrated Learning (WIL) units. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.
Participation requirements
Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.
Placement can occur at any time, including during standard holiday breaks. Learn about key dates at Deakin.Reasonable adjustments to participation and other course requirements will be made for students with a disability. More information available at Disability support services.
Work experience
This course provides students the opportunity to complete one or more work integrated learning units.
Explore Business and Law WIL opportunities.
International Students:
This course includes Work Integrated Learning (WIL) formally registered as part of the course on the CRICOS register. The total work integrated learning hours will differ depending on the WIL unit you choose. For more information about WIL hours, please check the unit information in the handbook or the unit guide.
For information about how WIL units may impact student visa holder work rights, please visit Home Affairs. See 8105 Work limitation.
Entry requirements
Selection is based on a holistic consideration of your academic merit, work experience, likelihood of success, availability of places, participation requirements, regulatory requirements, and individual circumstances. You will need to meet the minimum academic and English language proficiency requirements or higher to be considered for selection, but this does not guarantee admission.
A combination of qualifications and experience may be deemed equivalent to minimum academic requirements.
To be considered for admission to this degree you will need to meet the following criteria:
- completion of a bachelor degree or higher in any discipline
To meet the English language proficiency requirements of this course, you will need to demonstrate at least one of the following:
- bachelor degree from a recognised English-speaking country
- IELTS overall score of 6.5 (with no band score less than 6.0) or equivalent
- other evidence of English language proficiency (learn more about other ways to satisfy the requirements)
Learn more about Deakin courses and how we compare to other universities when it comes to the quality of our teaching and learning.
Not sure if you can get into Deakin postgraduate study? Postgraduate study doesn't have to be a balancing act; we provide flexible course entry and exit options based on your desired career outcomes and the time you're able to commit to your study.
Online studies
Deakin offers many courses which can be studied by distance education overseas.
However, international students living in Australia on a student visa, in each compulsory trimester (that is, Trimesters 1 and 2), must enrol in at least one unit that is offered as a Campus located unit and can, in addition enrol in units offered online. International students may undertake a maximum of up to one third (or equivalent) of their study as online study. Please note enrolment in one face to face unit in compulsory study periods is only allowed if the student is completing their final unit of study and will not exceed maximum one third (or equivalent) online requirement.
Recognition of prior learning
The University aims to provide students with as much credit as possible for approved prior study or informal learning.
You can refer to the recognition of prior learning (RPL) system which outlines the credit that may be granted towards a Deakin University degree and how to apply for credit.
Fees and scholarships
Fee information
Estimated tuition fee - full-fee paying place
$48,000 for 1 yr full-time AUD
Learn more about fees and your options for paying.
The 'Estimated tuition fee' is provided as a guide only and represents the typical first-year tuition fees for students enrolled in this course. The cost will vary depending on the units you choose, your study load, the length of your course and any approved Recognition of prior learning you have.
One year full-time study load is typically represented by eight credit points of study. Each unit you enrol in has a credit point value. The 'Estimated tuition fee' is calculated by adding together eight credit points of a typical combination of units for your course.
You can find the credit point value of each unit under the Unit Description by searching for the unit in the handbook. Learn more about fees and available payment options.
Scholarship options
Deakin scholarships recognise your hard work and achievements. Our support can ease the financial pressure of studying in Australia so you stay focused on your success. Numbers are limited, so apply early for the best chance.
Postgraduate bursary
We love welcoming Deakin alumni back to continue their journey with us. If you're starting a postgraduate award course, you may be eligible for a 10% discount on your enrolment fees, applied per unit. It's our way of supporting your next step.
Apply now
Apply directly to Deakin
Applications can be made directly to the University through StudyLink Connect - Deakin University's International Student Application Service.
We recommend engaging with a Deakin Authorised Agent who can assist you with the process and submit the application.
Need more information on how to apply?
For information on the application process, including required documents and important dates, see the How to apply webpage.
If you need assistance, please contact us.
Pathways
Alternate exits
- Graduate Certificate of Business (M556)
- Graduate Diploma of Business (M656)
Career outcomes
As a graduate of the Master of Business you will develop the skills and knowledge to take control of your business career trajectory, enabling you to progress to managerial-level positions in the industry of your choice. You may also choose to work with or establish your own small to medium business enterprise.
Career opportunities include:
- business consultant
- project manager
- general manager
- strategic adviser
- operations manager
- entrepreneur or founder
- business development manager
- change manager
- management analyst
- client engagement lead.
Professional recognition
Deakin Business School holds both AACSB and EQUIS accreditations. These prestigious accreditations are awarded to business schools that meet strict standards of quality, academic and professional excellence, and demonstrate a commitment to ongoing improvement and innovation in their courses, ensuring our graduates are employable worldwide.
Deakin's graduate learning outcomes describe the knowledge and capabilities graduates can demonstrate at the completion of their course. These outcomes mean that regardless of the Deakin course you undertake, you can rest assured your degree will teach you the skills and professional attributes that employers value. They'll set you up to learn and work effectively in the future.
| Deakin Graduate Learning Outcomes | Course Learning Outcomes |
|---|---|
| Discipline-specific knowledge and capabilities | Synthesise a broad range of contexts and frameworks within which enterprises operate and address contemporary and emerging challenges they face through applied learning and independent research. |
| Communication | Articulate business challenges and proposals, orally and in writing, using professional, business communication techniques. |
| Digital literacy | Select and use digital technologies that support the research, analysis and presentation of complex business issues. |
| Critical thinking | Critically analyse a range of complex business-related information to make and evaluate business decisions in regard to technical, sustainable, economic, and business management issues. |
| Problem solving | Conceptualise and construct informed recommendations and solutions to real-world and ill-defined problems faced by decision makers in a business environment. |
| Self-management | Develop an enhanced insight into learning and working independently and take responsibility for personal and professional actions. |
| Teamwork | Network with peers and leverage these relationships to achieve collaborative and mutually beneficial outcomes. |
| Global citizenship | Develop an understanding of the impact that innovative approaches to business issues have on social, sustainability, ethical, and cultural challenges in the business environment. |
*Deakin references data from a range of government, higher education and reputable media sources. For more information, visit our University rankings page.
