The University of Melbourne

Hi Tanay,
They don't require it as mentioned on their website, you must take IELTS or TOEFL for English language proficiency. Check here:
http://study.mbs.unimelb.edu.au/study/degrees/master-of-international-business/entry-requirements#entry-requirements

Hi Cherish, chances are good but nobody outside the university can tell you if you will get it or not. It depends on the university, other applicants, they will see how competitive you are with the rest, if you meet all criteria you can. You must also have a very good all-rounder profile, a strong personal statement and good LORs. Apply early, don't wait till the last date of the deadline, it will hamper your chances. And check the university website carefully for scholarship and financial aid options and requirements.

Both are good, University of Melbourne is higher ranked and ANU comes second.

Hi Nikhil,
You must be accepted by the University to be eligible for the international undergraduate scholarship. These are merit-based scholarships so you must have had an excellent academic background with no backlogs. Read more here
https://studenteforms.app.unimelb.edu.au/apex/f?p=153:2:0:2:P2_ID:283

Apply to the university, if you get selected the university will give you a conditional offer letter and once you get the result, you will have to submit that before paying your fee.

Hi Rajas, irrespective of the university your job prospects will depend on your skills and knowledge. Completing your course from University of Melbourne will give you higher prospects as they have industrial tie-ups and recognition but admission will be tough with just 56%. The University of Melbourne is Australia's most selective university.