FAQs

Please check our frequently asked questions below covering topics including: Fee-HelpCSP and HECS-HelpGMAT and GREGraduate Research and Coursework Admissions. If you still can't find what you're looking for, contact one of our friendly advisors.

FEE-HELP

  • What is FEE-HELP?

    FEE-HELP is a loan scheme from the Australian Government that assists eligible fee-paying students (both full-time and part-time) to pay their tuition fees. FEE-HELP can cover all or part of a student's tuition fees. The Australian Government pays the amount of the loan directly to the University. Students then repay their loans through the Australian taxation system when their income is above the minimum repayment threshold.

  • Who is eligible for FEE-HELP?

    Australian citizens and holders of a permanent humanitarian visa are eligible for FEE-HELP assistance.

  • How much money can i borrow through FEE-HELP?

    You can borrow only the amount of the tuition fee being charged by the University for the unit of study you are enrolled in. However, eligible people can borrow up to the FEE-HELP limit to pay tuition fees over their lifetime. The FEE-HELP limit is currently $89,706. Once you have borrowed an amount equal to the FEE-HELP limit, you will not be able to receive FEE-HELP to pay tuition fees. This applies even if you have partially or fully repaid your FEE-HELP loan

  • How do I apply for FEE-HELP?

    If you are eligible to receive FEE-HELP and wish to obtain a loan to cover your tuition fees, you must complete a Request for FEE-HELP assistance form. The Request for FEE-HELP assistance form is only available from the University when you have completed your enrolment. The closing date to apply for FEE-HELP is the University census date.

  • What does FEE-HELP cover?

    FEE-HELP provides a loan for tuition fees only. FEE-HELP does not cover accommodation, general living expenses or associated study costs (e.g. text books).

  • Is interest charged on my FEE-HELP debt?

    No. You are not charged interest on your debt. However, it is indexed each year with the CPI to maintain its real value by adjusting it in line with changes in the cost of living (as measured by the CPI).

  • When do I start repaying my FEE-HELP debt?

    You start repaying your debt when your taxable income is above the minimum repayment threshold. For the 2011-2012 income year, the minimum repayment threshold is $47,195.

  • How much will my repayments be?

    The amount of your compulsory repayment increases as your income increases. The more you earn, the higher your repayment, and the repayment rate is set as a percentage of your income. This can vary from 4.0% to 8.0% depending on your total income.

  • Can I make voluntary repayments on my FEE-HELP debt?

    Yes. You can make repayments to the Tax Office at any time and for any amount.

  • How do I get more information about FEE-HELP?

    Detailed information on FEE-HELP can be found at Australian Government Study Assist website.

COMMONWEALTH SUPPORTED PLACES (CSP)

  • What is a Commonwealth Supported Place?

    A Commonwealth Supported Place (CSP) is a higher education place for which the Australian Government pays the majority of the costs. Students in a CSP pay a lower course fee, known as the student contribution amount.

  • Who is eligible for a CSP?
    • An Australian citizen
    • New Zealand citizen; or the holder of a permanent visa; and you must be a resident in Australia for the duration of your unit (subject).
  • How are CSPs awarded?

    The number of CSPs is limited and selection is based on academic merit. CSPs are available for both full and part time study.

  • Do all courses offer CSPs?

    No. You will need to check on the course page to see which of our courses have CSPs available.

  • What are the application deadlines for CSPs?

    To be considered for a Commonwealth Supported Place (CSP), you must submit your application by 30 November for Semester One entry. The number of CSPs is limited and selection is based on academic merit.

  • What is the student contribution amount?

    For a student entitled to a CSP in 2013, the estimated full-time yearly contribution for a Melbourne Business School masters course is $9,792 ($1,224 per standard subject). The yearly contribution figure is based on one year of full time study (1 EFTSL) in 2013. Actual annual fees may vary depending on your study load, and on yearly indexed price rises.

HECS-HELP

  • What is HECS-HELP?

    A loan scheme called HECS-HELP is available for eligible students (both full-time and part-time) that can cover all or part of the student contribution amount. The Australian Government pays the amount of the loan directly to the university. Students then repay their loans through the Australian taxation system when their income exceeds the minimum repayment threshold.

  • Who is eligible for HECS-HELP?

    Australian citizens and holders of a permanent humanitarian visa are eligible for HECS-HELP assistance.

  • What does HECS-HELP cover?

    HECS-HELP provides a loan for student contribution fees only. HECS-HELP does not cover accommodation, general living expenses or associated study costs (e.g. text books).

  • How do I apply for HECS-HELP?

    If you are eligible to receive HECS-HELP and wish to obtain a loan to cover your student contribution fees, you must indicate that you wish to be considered for a CSP on your course application form.

  • When do I start repaying my HECS-HELP debt?

    You start repaying your debt when your taxable income is above the minimum repayment threshold. For the 2011-2012 financial year the minimum repayment threshold is $47,195.

  • Is interest charged on my HECS-HELP debt?

    No. You are not charged interest on your debt. However, it is indexed each year with the CPI to maintain its real value by adjusting it in line with changes in the cost of living (as measured by the CPI).

  • How much will my repayments be?

    The amount of your compulsory repayment increases as your income increases. The more you earn, the higher your repayment, and the repayment rate is set as a percentage of your income. This can vary from 4% to 8% depending on your total income.

  • Can I make voluntary repayments on my HECS-HELP debt?

    Yes. You can make repayments to the Tax Office at any time and for any amount.

  • How do I get more information about HECS-HELP?

    More information on HECS-HELP can be found at Australian Government Study Assist website.

GMAT - GRE

  • What do "GMAT" and "GRE" mean?

    GMAT = Graduate Management Admission Test

    GRE = Graduate Record Examination

  • What is the difference between the GMAT/GRE, and the IELTS?

    The GMAT and GRE assess the qualifications of applicants for advanced study in the specific areas of business and management. The IELTS test primarily measures the English language proficiency of the applicant.

  • Do I need to complete the GMAT/GRE?

    The following courses DO NOT require the GMAT or GRE from any applicant:

    • Master of Management
    • Master of Management (Accounting and Finance)
    • Master of Management (Accounting)
    • Master of Management (Finance)
    • Master of Management (Human Resources)
    • Master of Management (Marketing)
    • Master of International Business
    • Master of Enterprise
    • Master of Enterprise (Science)
    • Master of Supply Chain Management

    The GMAT or GRE is mandatory for all applicants who have not previously completed an undergraduate degree at an Australian university for the following programs:

    • Master of Actuarial Science
    • Master of Finance
    • Master of Economics
    • Master of Commerce (Actuarial Science)
    • Master of Commerce (Management)
    • Master of Commerce (Marketing)

    The GMAT is mandatory for all applicants to the Master of Business Administration (MBA). The GMAT or GRE are required for entry into all Doctoral Programs.

  • Why do I have to undertake the GMAT/GRE?

    The GMAT/GRE is required for entry into our specialist masters programs to ensure quality of student cohort. It enables Melbourne Business School to assess whether prospective students from diverse backgrounds have the capacity, skills and competencies to succeed at the advanced level of study required by this elite suite of programs.

    Undertaking the GMAT/GRE informs not only MBS of your ability and aptitude to undertake our course requirements, but also assists you to understand your strengths and weaknesses, and helps identify areas in which you may benefit from our wide range of student support services. Studying for the test also refreshes your knowledge and skills in mathematics, logic and language and ensures you are well prepared for the daily rigor of MBS academic life. Research indicates that your performance on the test is strongly correlated with your performance in graduate studies.

  • Should I choose the GMAT or the GRE?

    If you are required to undertake a test for entry to the Master of Actuarial Science or the Master of Economics then you are required to sit the GRE. For all other programs you may choose between the sitting the GMAT or the GRE.

  • Do I qualify for a GMAT/GRE exemption?

    The GMAT or GRE is not mandatory for applicants who have previously completed an undergraduate degree at an Australian or New Zealand University.

    Exemptions from the GMAT/GRE are applicable if you fit into the ‘humanitarian aid case’ category - i.e. you are an applicant who:

    • is in receipt of a sponsored scholarship from a humanitarian aid organisation (eg AusAid)
    • holds a permanent Humanitarian Visa for Australia
    • can demonstrate that humanitarian crisis impacts on your ability to sit the GMAT/GRE (eg, residence in country where there has been a recent critical threat to their health, safety, security or well-being through armed conflict, epidemic, famine, or natural disaster).

    Please note: If you are applying for a graduate research degree, GMAT or GRE results are mandatory.

  • Can I take the test more than once?

    You can sit the GMAT and GRE exams once every 31 calendar days and no more than 5 times in a 12-month period.

  • What is your institution code?

    Our institution codes are as follows:

    GMAT
    Master of Management = Code: 1ZK-LW-95
    Master of Commerce = Code: 1ZK-LW-77
    Master of Finance = Code: 1ZK-LW-44
    Master of International Business = Code: 1ZK-LW-84

    GRE
    Code: 5992

    Please use the above codes when choosing where to have your results sent. This ensures your official results are sent directly to us.

  • I am an international student who has completed an undergraduate degree in Australia. Do I need to do the GMAT/GRE?

    If you have completed an undergraduate degree in Australia – at any time – you will not be required to undertake the GMAT/GRE for any program, with the exception of the MBA, Master of Business Analytics and Graduate Research Degrees.

  • What is the language of delivery?

    The language of delivery is English.

  • For how long is my score valid?

    Your test scores on both the GMAT and GRE are valid for 5 years.

  • How to find and book a testing centre?

    The GMAT exam is delivered year-round and on demand in test centres around the world. Visit www.mba.com to find a testing centre near you, determine if that site has available seats and register to take a test. Please ensure you select the Melbourne Business School (code: 1ZK-80-47) to ensure your GMAT results are posted directly to us. 

    The GRE is available at about 700 test centres in more than 160 countries. It is offered as a computer-based test year round at most locations and as a paper-based test up to three times a year in areas where computer-based testing is not available. Visit the GRE website to find out which test format is offered in your location and to book a test. Please ensure you select the Melbourne Business School (code: 5992) to ensure your GRE results are posted directly to us.

  • How much do the tests cost?

    The cost to take the GMAT exam is US $250 globally.

    The cost to take the GRE is US $190 USD in Australia.


    The University of Melbourne will reimburse the cost of these tests to candidates who were required to undertake the GMAT or GRE as part of the selection process and who successfully enrol in a MBS course.

  • How long do the tests take?

    You have four hours in which to take the GMAT and GRE.

  • Test structure

    Each test contains three sections:

    Quantitative
    This section is multiple choice  designed to measure a student’s ability to reason quantitatively, solve quantitative problems, and interpret graphic data. There are two types of questions asked, data sufficiency and problem solving.

    Verbal
    This multiple choice section measures your ability to read and comprehend written material, reason and evaluate arguments and correct written material to conform to standard written English. There are three types of questions asked: critical reasoning, reading comprehension and sentence correction.

    Analytical Writing
    This short essay writing section is designed as a direct measure of your ability to think critically and to communicate ideas.  This assessment consists of two separate writing tasks, Analysis of an Issue and Analysis of an Argument.

  • How to prepare?

    Understand how the test works
    The academic level of these standardised tests is the equivalent to the 1st year of university study. The key to achieving a high score is to understand each section and the types of questions that are going to be asked.

    Timing
    Each section has a set amount of time in which all questions must be answered. A common mistake is that students run out of time. Ensure that you know exactly how much time you have to answer each question. Both the GMAT/GRE take approximately 4 hours to complete.

    Adaptive
    Normally these test are completed on a computer and they are adaptive which means when a correct answer is given the next question will be harder and when a response is incorrect the next question will be easier.

    Practice
    Both the GMAT and GRE provide excellent online practice tests and tutorials to assist with preparation. We strongly advise that students download these resources and complete a number of practice tests in order to familiarise themselves with the test and to help target their study.

  • What do these tests measure?

    The GMAT and GRE are standardised tests that are used by leading business schools around the world to assess the qualifications of applicants for advanced study in business and management. The GMAT and GRE help us to make an assessment of your academic potential specific to our programs. They also highlight areas where you may need to strengthen your skills and show us where we can provide you with assistance.

  • What score do I need?

    For graduate coursework programs our selection panel generally prefers GMAT scores of 630 or more (650 is the current average) or a GRE where the verbal and quantitative scores add to 315 or more (post August 2011 grading system).

    Applicants to the Master of Commerce (Finance) are required to supply results on either the GMAT or the GRE. An applicant who has written the GMAT exam must achieve a minimum score of 45 on the Quantitative section, 28 on the Verbal section and 4.5 on the Analytical Writing section. An applicant who has written the GRE exam must achieve a minimum score of 156 on the Quantitative section, 151 on the Verbal section and 4 on the Analytical Writing section, or equivalent scores under the scale used on the GRE exam prior to August 2011.

    Applicants to the Master of Economics are required to supply results on the GRE achieving minimum scores in the following bands: 158 in Quantitative, 154 in Verbal and 4.0 in Analytical Writing.

    Applicants to the Master of Actuarial Science are required to supply results on the GRE achieving minimum scores in the following bands: 156 in Quantitative, 152 in Verbal and 4.0 in Analytical Writing.

  • Will it help my application to complete the GMAT/GRE even if it is not required for the course to which I am applying?

    Yes, it may help your application, if you are able to provide a GMAT/GRE score above the average for our commencing students.

GRADUATE RESEARCH

  • By what date must my application be submitted?

    While we accept applications for graduate research at any time, applications must be submitted by 31st August to be considered for an International Postgraduate Research Scholarship and 31st October to be considered for all other scholarships.

  • Can I study part-time?

    Part time study is only available for Australian citizens, Australian permanent residents or New Zealand citizens. Applicants for admission as part time students must demonstrate to the Head of Department and supervisor that adequate time is available to devote to their PhD work and to maintain regular contact with their supervisor and the Department.

  • Do I need to choose a supervisor in advance?

    YES. For the following courses, students must have already confirmed a supervisor and participated in a verbal interview with that supervisor.

    • Actuarial Studies
    • Management and Marketing

    NO. For the following courses, students must be assessed as suitable for graduate research studies in a verbal interview before selecting a supervisor, however students will be contacted for this AFTER application is submitted.

    • Accounting
    • Economics
    • The Melbourne Institute
    • Finance

    NOTE: Although you are not required to pre-select a supervisor for most disciplines, admission is still subject to supervisory resources.

  • Is a research proposal necessary?

    Accounting - A 100 word proposal is required 
    Actuarial Studies - A 100 word proposal, a CV and a covering letter are required 
    Finance - A 100 word proposal is required 
    Economics - A 100 word proposal, a CV and a covering letter are required 
    Management - A 3000 word proposal, a CV and a covering letter are required 
    Marketing - A 3000 word proposal, a CV and a covering letter are required

  • What are the starting dates?

    All our graduate research students must commence in Semester 1 of the academic year, with the exception of those studying in the fields of Accounting and Finance.

  • What scholarships are available?

    A large number of scholarships are available to graduate research students.

    The most commonly held scholarship is a Melbourne Research Scholarship or Melbourne International Research Scholarship, which provides a living stipend. These scholarships are all generously topped up by the Faculty so that the living stipend totals $26,000 per annum. Additional top-ups are available for those studying Accounting and Finance.

COURSEWORK ADMISSIONS

  • When should I apply?

    Semester 1 - Application Deadline (Commences early March)

    • International Students: 31 October for entry in Semester 1
    • Local Students: 30 November for entry in Semester 1

    Semester 2 - Application Deadline (Commences end July)

    • International Students: 30 April for entry in Semester 2
    • Local Students: 31 May for entry in Semester 2

    We encourage you to apply as early as possible so you can be considered for scholarships and Commonwealth Supported Places (where available) and visas if these are required.

  • What is a conditional offer?

    A conditional offer means we are reserving a place for you in a program, pending evidence of a particular result or achievement (e.g an academic result, final transcript, GMAT or language score).

  • What is the delivery mode?

    Classes at MBS are taught on-campus, with a mix of lectures, seminars and tutorials. Selected subjects are also offered in an intensive mode during weekends and over the summer and winter semesters.

  • Who can certify my supporting documents?

    When obtaining a certified photocopy, please ensure the following:

    • The signature of the person certifying is original
    • The person certifying the document must state their title
    • There is a statement to say that it is a true copy of the original document
    • The certification is dated
    • If it is a multi-page document, either each page must be certified or the certification must state the number of pages and each page must be signed by the authority

    Common titles of signatories that we accept are:

    • University of Melbourne approved Overseas Representative
    • Justice of the Peace
    • Member of the Police Force
    • Legally qualified medical practitioner
    • Pharmacist
    • Manager of a Bank, Building Society or Credit Union
    • Marriage Celebrant (civil or religious)
    • Barrister, solicitor or a clerk to a barrister or solicitor
  • Am I eligible for your programs?

    We do not provide ‘pre-assessments’, and are unable to give you any indication as to the likelihood of your acceptance into your desired program until you submit an official application and have your application officially assessed by the selection committee. We do not currently have quotas or limited places in our programs, so applicants of good academic standing who meet all minimum entry requirements for their preferred program should expect to receive an offer of entry.

  • What are the English language requirements?

    The University of Melbourne has a set of English language requirements which all applicants must meet. If you have completed a previous degree which was taught and assessed entirely in English you do not have to undertake a test.

    Minimum scores and tests accepted

    For English language tests, we require documentary evidence of having obtained the minimum scores within the previous 24 months.

    IELTS: 6.5 (with no band less than 6.0)

    TOEFL (paper test): 577 with TWE 4.5

    TOEFL (internet): 79 with Writing 21, Speaking 18, Reading 13, Listening 13

    Pearson Test of English (Academic): 58-64 inclusive and no communicative skill below 50

    What are the selection guidelines?

    For programs that do not require specific pre-requisite subjects - we look at a minimum overall GPA only. For programs that do require specific pre-requisite subjects - we look at a minimum overall GPA as well as achieving the minimum GPA in the pre-requisite subjects.

    If you are applying to a program that has a work experience requirement, you must provide a current curriculum vitae (CV) that details your work experience. Your CV must be accompanied by reference letters from your employer(s) on company letterhead.

  • What is a statement of intent?

    Your application must include a statement of intent of no more than 500 words. It should describe your personal motivation to undertake further study, and can include details of your personal circumstances as well as your life and work experiences. It should emphasise any aspect of your personal history that may enhance your application, including extra-curricular activity, community involvement, work experience, relevant personal characteristics and any outstanding achievements.

  • Can I apply without IELTS or GMAT?

    Yes. You may submit your initial application without copies of your supporting documentation (for example: GMAT/GRE/IELTS/TOEFL results) as we do issue conditional offers. If you are made an offer of entry it will be conditional upon you being able to provide either an original or certified copy of your supporting documentation prior to enrolling into the program, as stipulated in your letter of offer.

  • My program requires work experience, how should I document this?

    If you are applying for a program requiring work experience, you should include a letter from your employer outlining:

    • Nature of duties
    • Employment start and end dates
    • Whether full or part-time

    Letters must be written on company letterhead, and should be dated and signed by a superior in the company.

Have a question? Contact MBS