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MIM Courses at Monash University

Melbourne, Victoria, Australia

3.7 /5

(6 Reviews)

157 Student Q&A

Shiksha popularity ranking

#7 in MIM in Australia

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573 Scholarships for studying in Australia

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1 Campus
Estd. 1958

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Last updated on 10 Feb '26

Monash University Overview

Table of contents

Monash University MIM Highlights 2026
Monash University MIM Popular courses
Monash University MIM Tuition Fees 2026
Monash University MIM Rankings
Monash University MIM Students reviews

Monash University MIM Highlights 2026

Monash University offers MIM program of duration 18 months to 2 years to international students, including Indians. Applicants who want to excel with strong academics, leadership qualities, extracurricular merit and a variety of other academic and professional opportunities must choose this course. There are 20 MIM courses available for international students. Among the available, some of the most popular specializations include Business Economics, Sales & Marketing, International Business, HealthCare & Hospital, Finance and Sales & Marketing. International students need to pay the first-year tuition fee for Monash University MIM program which is AUD 49,000 - 59,900. International students are also required to have a budget to cover other expenses like rent, meals, transportation and more.

Monash University MIM Admission Requirements and Eligibility

International students are required to meet the basic eligibility requirements and submit the mandatory documents required for the Monash University admission process. As part of the eligibility, students need to submit scores of exams such as

IELTS
TOEFL
PTE
Duolingo

Monash University MIM
Popular courses

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Showing 20 Courses

Master of Business Analytics

4.018 months

1st year Tution Fees

₹34 L

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Exams Accepted

Shiksha Ranking

– / –

No. of Scholarship

– / –

Master of Business

3.61 year

1st year Tution Fees

₹36 L

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Exams Accepted

Shiksha Ranking

No. of Scholarship

Master of Management

3.618 months

1st year Tution Fees

₹34 L

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Exams Accepted

Shiksha Ranking

Work Experience

24 Months

Master of Strategic Communications Management

3.71 year

1st year Tution Fees

₹21 L

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Exams Accepted

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– / –

Master of Professional Accounting

2 years

1st year Tution Fees

₹30 L

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Exams Accepted

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No. of Scholarship

– / –

Master of Advance Finance

12 months

1st year Tution Fees

₹36 L

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Exams Accepted

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– / –

No. of Scholarship

Master of Regulation and Compliance

2 years

1st year Tution Fees

₹27 L

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No. of Scholarship

– / –

Master of Accounting

2 years

1st year Tution Fees

₹28 L

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Exams Accepted

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No. of Scholarship

Master of Public Policy

1 year

1st year Tution Fees

₹21 L

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– / –

No. of Scholarship

– / –

Master of Applied Economics and Econometrics

1 year

1st year Tution Fees

₹27 L

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Shiksha Ranking

– / –

No. of Scholarship

– / –

Master of Financial Mathematics

1 year

1st year Tution Fees

₹27 L

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Shiksha Ranking

– / –

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– / –

Master of Business Law and Master of Professional Accounting

30 months

1st year Tution Fees

₹28 L

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Exams Accepted

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– / –

Master of Health Management

24 months

1st year Tution Fees

₹34 L

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– / –

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– / –

Master of Global Business

12 months

1st year Tution Fees

₹36 L

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– / –

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– / –

Master of Applied Marketing

12 months

1st year Tution Fees

₹36 L

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Master of International Sustainable Tourism Management

1 year

1st year Tution Fees

₹30 L

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– / –

No. of Scholarship

– / –

Master in Global Business and Master in Applied Marketing

2 years

1st year Tution Fees

₹34 L

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– / –

No. of Scholarship

– / –

Master of Banking and Finance

1 year

1st year Tution Fees

₹37 L

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– / –

No. of Scholarship

Master of Cultural and Creative Industries

1 year

1st year Tution Fees

₹21 L

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– / –

Master of Strategic Communications Management (Double Masters with Shanghai Jiao Tong University)

2 years

1st year Tution Fees

₹21 L

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– / –

Monash University MIM
Monash University MIM Tuition Fees 2026

A Monash University first-year tuition fee has to be paid by international students to apply for MIM courses. The tuition fee is AUD 49,000 - 59,900. The popular specializations include specializations like Business Economics, Sales & Marketing, International Business, HealthCare & Hospital, Finance and Sales & Marketing. The total Monash University total cost can vary as per the factors like transportation, insurance, housing, personal expenses and more. Given in the table below is tuition fee for the popular MIM programs, take a look:

Monash University Course Name	MIM Tuition Cost
Business Analytics	AUD 56,800
Business Economics	AUD 45,500
Finance	AUD 44,500 - 59,900
HealthCare & Hospital	AUD 55,900
International Business	AUD 59,900
Public Policy	AUD 34,700
Sales & Marketing	AUD 56,800 - 59,900

Fee components	Amount (for 12 - 30 months)
Tuition	INR 20.47 L - 35.34 L
Hostel	INR 7.81 L - 10.36 L
Insurance	INR 35.93 K - 45.31 K
Transportation	INR 70.8 K - 1.07 L
Others	INR 18.17 K - 4.68 L
Total fee	INR 29.53 L - 51.9 L

These are estimated fees information. Actual values may differ.

Monash University MIM

Compare MIM at Monash University with other similar colleges

College	1st Year Tuition Fees	Ranking
Monash University	INR 20.93 L - 36.53 L	#36 QS, 2026
University of New South Wales Compare	INR 22.01 L - 42.35 L	#20 QS, 2026
The University of Queensland Compare	INR 19.15 L - 35.03 L	#42 QS, 2026
Macquarie University Compare	INR 19.06 L - 28.72 L	#138 QS, 2026
The University of Sydney Compare	INR 26.55 L - 35.47 L	#25 QS, 2026
The University of Melbourne Compare	INR 28.96 L - 44.89 L	#19 QS, 2026

The values are of the latest years available with Shiksha. For more details, check detailed comparison

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Monash University MIM Rankings

The MIM course at the university is ranked among various ranking bodies. As per the Shiksha World Ranking, MIM ranked #171 in 2025. International students can check the Monash University rankings below:

Shiksha Popularity Ranking	2023	2024	2025
World Ranking	#103	#112	#171
Country Ranking	#4	#4	#5

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Monash University MIM
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Monash University MIM
Students Ratings & Reviews

3.7/5

6 Verified Reviews Info Icon

Student Views (Based on Reviews)

67% students never faced discrimination in this university

Vibe of Campus

Friendly

Liberal

Stressful

Academically oriented

Internships3.2

Part time work3

Post study jobs3.3

Quality of faculty4.3

Student Life4.3

Value for money3.7

Public transportation4

Safety4.2

Indian Food4.2

Permanent Immigration3

Aneesh Agarwal Verified Icon

Master of Business Analytics - Batch of 2025

3.9

Highly competitive and limited opportunities.

Tips: Undeniably, there is a bit of a cultural shock felt at first in terms of how people interact and socialise over here understanding different accents and settling in at your first job/university. Talking to a lot of different people from diverse cultures and backgrounds greatly helps. This place will force you to come out of your comfort zone as you'll have to make an effort to get anything done. I was not offered any scholarship as there is None available for students in our course however Monash does offer a grant to international students in some cases which is limited.

Likes (Safety): Apart from the campus security, the area is highly under surveillance by the Victorian State police through security personnel and cameras. There are also a few applications available on mobile where international students can report any problems they might have faced. I haven't personally had any bad experiences yet but it is generally advised to avoid any contact with junkies in public areas as they can be really unpredictable and can cause harm.

Dislikes (Part time work): Part-time jobs available on campus are limited and highly competitive requiring some prior work experience in the role. Most students will be better off finding jobs outside of the university related to their fields of study which takes a few months and lots of patience. Given that you provide your availability to your employers in advance, they can be really flexible in terms of assigning you shifts which makes working part-time with the university really manageable along with all the associated expenses. When starting out most-part times can't expect to make anything over the minimum legal wage as there is a huge influx of job seekers who are mostly international students.

Total Monthly ExpenseAUD 1800

Prepping time for classes10 hours/Week

Expected Annual SalaryAUD

Reviewed on 24 Dec 2025Read more

Anonymous

Master of Business Analytics - Batch of 2026

Pretty chill and lovely environment.

Tips: The transition took some time. The people in Australia are pretty casual. Some might come off as rude by being slightly mean to you/making fun of you but it's with good intentions. That's how everyone is. They talk good behind your back, though. I didn't get a scholarship as it wasn't available for anyone in my course at Monash. I'm pretty satisfied here with the university, my course and Australia.

Likes (Part time work): There are lots of jobs got students to do. I work at Woolworths and the pay is really well. There are jobs on campus but it's hard to get. Part time and studies are a little hard to manage, depending on the job you do. But perseverance is key to managing both. Average pay is around 26 an hour.

Dislikes (Public transportation): It's not the best as the frequency and schedule are sometimes bad. There is good connectivity, though. Wish there were more buses and trains that connect to more locations. The rates are sometimes expensive as well as the minimum rate is around 3 for buses and 5.5 for trains.

Total Monthly ExpenseAUD 2000

Prepping time for classes20 hours/Week

Expected Annual SalaryAUD 70550

Reviewed on 1 Dec 2025Read more

Anonymous

Master of Strategic Communications Management - Batch of 2027

3.7

There is a lot of competition, and the only way people get jobs is through reference or pure luck.

Tips: The first few months are an adjusting period, so don't be too stressed if you are not able to figure things out. Things will fall into place with time. Try to join college clubs to build your network and make friends. I would also advise you to take advantage of all the resources provided by the university, like the university providing free groceries for students on certain days.

Likes (Quality of faculty): The teachers do an excellent job of covering the syllabus by interestingly introducing concepts. They are also very patient with their student and the assignments are quite interesting. They are mostly assignment-based, so you don't have to worry about exams.

Dislikes (Part time work): I have been trying to apply for a part-time job for the past four months but haven't had much luck. There is a lot of competition and the only way people get jobs is through reference or pure luck. Avoid working at Indian restaurants as they often underpay and overwork their staff. I would suggest continuing to network and meeting people. Also it helps to go physically and hand out your resume to places.

Total Monthly ExpenseAUD 2925

Prepping time for classes4 hours/Week

Expected Annual SalaryAUD 97025

Reviewed on 17 Jun 2025Read more

Rachit Jain Verified Icon

Master of Business - Batch of 2025

3.7

Chill, academically oriented, student friendly, and can be a bit stressful sometimes.

Tips: There were some cultural shocks regarding the way people live here and about the drinkability of water straight from the taps. From my experience in Australia, the typical Aussie accent is really hard to understand, but since it's an English-speaking country, it won't be that big of an issue. I feel that Australia is pretty Asian dominated, with seeing majority of Chinese and Indian students being in my cohort, and Indonesians with Malaysians and Singaporeans capturing the remaining portion. Getting along with people of different cultures and studying with them is definitely a unique experience.

Likes (Public transportation): Melbourne has the largest tram network, which makes it pretty convenient to travel from one place to another, but on the other hand, it could get a little overwhelming or confusing to begin with, as it's pretty huge and complex as well. Other than trams, the local metros that run here are pretty convenient to travel in, offering a route to almost all the stations with various lines of operation. Buses are also a reliable and quick source of travel, with the only drawback being their lack of frequency.

Dislikes (Internships): First of all, if you plan to do an internship with the university, you'd have to pay around 7000 dollars, and the internship that you'd be getting would be unpaid. Secondly, there is no guaranteed internship as well; all you can do is apply through the process and give in an online interview, which is pretty much a prerequisite of the process, but after that, there is no guarantee of any internships. Personally speaking, the internship experiences that I have heard from my colleagues and friends made it sound like not worth it, and there were no learnings to take away from it. Lastly, you'd most likely get sacked from the internship at the end of its tenure, and there's no job guarantee even through the internship.

Total Monthly ExpenseAUD 2125

Prepping time for classes25 hours/Week

Expected Annual SalaryAUD 60525

Reviewed on 13 Jun 2025Read more

Rahat Mirani Verified Icon

Master of Management - Batch of 2026

3.6

The tuition is unnecessarily high due of its brand value.

Tips: Though it has a brand value, it doesn't mean that you will get a full-time job. You will get the same preference as any tier-2 college student. It doesn't provide a lot of scholarships, so be ready to pay a huge amount of money. I am personally happy with the brand I am studying in, but somewhere it could have done better.

Likes (Safety): The campus has a very good security. Monash vans help us to reach our destination. The guards will always make sure the student is genuine and will always check id cars. The guards are there 24/7 so there is no need to worry. You can easily sit on-campus anytime and study.

Dislikes (Value for money): I think the university is charging a lot of fees even if it's not required. I guess they are just charging because they have a brand value. The teaching faculty can do much better. Half of the assignments and stuff are understood and done by us. So there is no point in charging so much.

Total Monthly ExpenseAUD 2500

Prepping time for classes39 hours/Week

Expected Annual SalaryAUD 70125

Reviewed on 25 Jun 2025Read more

Jivesh Bhutani Verified Icon

Master of Business - Batch of 2024

3.4

A good university with good facilities.

Tips: The transition to university life was smooth; however, post-graduation options are limited. Australian universities are not like Indian universities, so make sure you have the mindset when enrolling. Make sure to attend orientation. This helped me a lot.

Likes (Indian Food): The food options here are great to be honest. There are many Indian hotels and restaurants too where you can have food but you can't get that Indian taste. The prices are not very affordable. Despite being a non-vegetarian country, there are many places for vegetarian people too. Well I mostly prefer to cook myself because it's cheap and also it's not healthy to eat outside daily.

Dislikes (Permanent Immigration): There are a few courses that give better chances of getting a PR in Australia. The remaining courses don't have that great a chance. The course I did doesn't have a great chance of getting a PR. Nevertheless if I get a proper career pathway to get PR, I'll be choosing that.

Total Monthly ExpenseAUD 1800

Prepping time for classes20 hours/Week

Expected Annual SalaryAUD 65000

Reviewed on 12 Feb 2026Read more

View All 6 Reviews

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Monash University

Student Forum

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Is Monash ranked in 2026?

Answered Yesterday

Yes, Monash University is ranked by the QS World and News in the year 2026.

As per the Monash University Quacquarelli Symonds rankings, there is a slight up in the world university ranking of Monash. In the year 2026, the QS ranking is #36 which is an improvement from what it was in the last year.

Lalit Shukla

Contributor-Level 9

Are the US World and News rankings accurate for Monash University?

Answered Yesterday

Yes, US World and News is one of top ranking bodies of the world and these rankings are generally considered to be quite accurate.

This is because it uses ranking parameters like -

Student-faculty ratio
Peer assessments
Standardized test scores
Graduation rates
First-year retention rates

Monash Universit

Kanika Pandey

Contributor-Level 9

Does early application increase chances of receiving funding at Monash University?

Answered a week ago

The admissions at Monash are first come and first serve basis and so are the Monash University scholarships for international students.

Applying early raises one's chances of getting funding significantly. They are also beneficial for meeting the strict admission deadlines for merit and need based s

Piyush Rastogi

Contributor-Level 9

Are foundation or Diploma pathways available for students not meeting direct requirements at Monash University?

Answered a week ago

Yes, the Foundation pathways are available to students who are not meeting the direct admission requirements for Monash University. Look at the features given below -

These courses are designed for students who do not meet the academic or English language requirements for UG courses.
It is known as t

Mamona Dixit

Contributor-Level 9

What qualities does Monash University assess during the MBA interview?

Answered a week ago

If an international student is selected for an MBA interview at Monash University, they would have to sit in an interview before a panel where they would assess the skills as given below -

Leadership skills
Professional maturity
Collaboration skills
A clear answer to 'why Monash MBA'
Cultural fit
Aptit

Rachit Arora

Contributor-Level 9

About the author

Tasneem Hoda

Study Abroad Expert

Tasneem Hoda is a Content Creator and Writer working for Shiksha.com. Her role includes developing and maintaining web pages for international universities at the Shiksha Study Abroad Portal, ensuring accuracy, completeness, and alignment with instit...Read Full Bio