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Master of Business

Postgraduate coursework

Elevate your business career in the industry of your choice with a Master of Business. Open to students of any background, this highly flexible degree will deepen your business knowledge and allow you to tailor your studies to your unique career goals.

Key facts

Duration

2 years full-time or part-time equivalent

Key dates

Direct applications to Deakin for Trimester 1 2025 close 16 February 2025

Current Deakin Students

To access your official course details for the year you started your degree, please visit the handbook

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 

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Course information

Award granted
Master of Business
Year

2025 course information

Deakin code
M756
CRICOS code?
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

Course structure

To complete the Master of Business, students must attain a total of 16 credit points, consisting of 8 credit points of core units, 4 credit points of course elective units, and 4 credit points of open elective units,  plus completion of the compulsory 0-credit point unit, DAI001 Academic Integrity and Respect at Deakin.

Most units (think of units as 'subjects') are equal to 1 credit point.

8

Core units

4

Course elective units

4

Open elective units

16

Total units

Core units

  • Environmental Sustainability for Business
  • Information Technology, Markets and Business Strategy
  • Financial Interpretation
  • Small Business Management
  • Project Management
  • Artificial Intelligence Strategies and Enterprise Applications
  • Research Design and Analysis
  • Applied Consultancy Project (Capstone)
  • Compulsory 0-credit point unit

    To be completed in the first trimester of study:-

  • Academic Integrity and Respect at Deakin
  • Course elective units

    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:

  • Marketing Management
  • Ethical Decision Making in Organisations
  • Emerging Issues in International Operations
  • Global Trade and Supply Chains
  • Consumer Behaviour
  • Human Resource Management
  • Enterprise Value Creation: Sustainability and Integrated Reporting
  • Business and Technology units

    Select one (1) from:

  • Managing Digital Transformation
  • Machine Learning in Business
  • Digital Transformation of Supply Chains
  • Fundamentals of MarTech
  • Digital and Social Media Marketing
  • Fintech Foundations and Cryptocurrencies
  • Responsible Artificial Intelligence
  • Cyber Security Strategies
  • Capital Market units

    Select one (1) from:

  • Financial Markets and Digital Innovations
  • Principles of Finance
  • Financial Institutions and Investment Banking
  • International Banking and Finance
  • Securities Trading in Practice
  • Investments and Portfolio Management
  • SME and Entrepreneurship units

    Select one (1) from:

  • Managing Innovation
  • Design Thinking for Innovation
  • Digital Business Analysis
  • Business Strategy and Analysis
  • Managed Change
  • Creative Industries
  • Entrepreneurship (Intensive)
  • Entrepreneurship Experience
  • Open elective units

    The remaining four (4) credit points of open elective units may be selected from:

    • any unit listed in the Postgraduate Faculty-wide specialisations
    • Work Integrated Learning (WIL) units
    • postgraduate units offered by the University (subject to eligibility)
    • Up to two (2) Deakin stackable short courses (0.5cp microcredentials) equal to 1 credit point

    Stackable short courses

    Mix and match Deakin stackable short courses (0.5 cp microcredentials) to earn up to 4 credit point(s) of open electives, subject to eligibility. Any stacking must add up to a whole number to be used for credit. See more information on Deakin stackable short course options.

    Specialisations

    Refer to the details of each specialisation for availability.

     

    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.

    Trimester 1 - March

    • Start date: March
    • Available at:
      • Burwood (Melbourne)
      • Online

    Trimester 2 - July

    • Start date: July
    • Available at:
      • Burwood (Melbourne)
      • Online

    Course duration

    Course duration may be affected by delays in completing course requirements, such as failing of units or accessing or completing placements.

    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.

    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

    English language proficiency requirements

    To meet the English language proficiency requirements of this course, you will need to demonstrate at least one of the following:

    Admissions information

    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.

    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
    $32,600 for 1 yr full-time - Full-fee paying place
    Learn more about fees and your options for paying.

    The available fee places for this course are detailed above. Not all courses at Deakin have Commonwealth supported places available. 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

    A Deakin scholarship might change your life. If you've got something special to offer Deakin – or you just need the financial help to get you here – we may have a scholarship opportunity for you.

    Search or browse through our scholarships

    Postgraduate bursary

    If you’re a Deakin alumnus commencing a postgraduate award course, you may be eligible to receive a 10% reduction per unit on your enrolment fees.

    Learn more about the 10% Deakin alumni discount

    Pathways

    Alternative exits

    Contact information

    Our friendly advisers are available to speak to you one-on-one about your study options, support services and how we can help you further your career.

    Careers

    Career outcomes

    As a graduate of the Master of Business you will have developed 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.  

    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.

    Course learning outcomes

    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.