MBA at RMIT: Fees 2026 Dates & Requirements

RMIT University Master of Business Administration (MBA) is a postgraduate, full-time, on-campus degree taught at Melbourne City over two years for October 2026 entry. Applicants need a bachelor degree plus GPA (Grade Point Average) 1.0 on a 4.0 scale or GMAT (Graduate Management Admission Test) 550. For Indian planning, GPA 1.0 on a 4.0 scale is approximately 50% to 55% or CGPA 5.0 to 5.5. Calculated two-year tuition at the 2026 annual rate is A$101,760 (INR 69.28 Lakhs).

The curriculum develops general management capability through design thinking, business analytics, strategy, leadership and a live-client consulting capstone. Students work with industry briefs and can shape the degree through technology and innovation or leadership minors, which suits applicants seeking a broad career transition. The best fit is a graduate ready for applied group work and client presentations, while the tradeoff is broad business coverage rather than a narrow technical specialisation.

• A 1.5-year advanced-standing route can reduce study time when RMIT approves prior study or relevant management experience.
• Internship and industry-linked learning create structured opportunities to test business decisions against workplace problems.
• The course offers multiple intakes, so applicants can align preparation with English testing, funding and visa timing.

Also Check: RMIT MBA admission requirements

RMIT MBA Fees and Living Costs 2026

For October 2026 entry, RMIT publishes annual MBA tuition of A$50,880 (INR 34.64 Lakhs) for international students.

The university adjusts fees annually, so the two-year figure below is a planning calculation rather than a fixed programme total.

Target-cycle fee context: The 2026 Student Services and Amenities Fee, or SSAF, is up to A$373 (INR 25,394) annually.

RMIT also lists single-student Overseas Student Health Cover, or OSHC, at A$590 to A$750 (INR 40,167 to INR 51,059).

All INR conversions in the article use a conversion rate of AUD 1 = INR 68.0792 as of 21 August 2026. Rates fluctuate daily, verify before applying.

At the current annual tuition, the calculated two-year tuition is A$101,760 (INR 69.28 Lakhs). RMIT may revise later-year fees, so use the offer and enrolment invoices for the final amount.

• The two-year plan is the relevant October route because RMIT states that October intake is unavailable for advanced-entry students.
• The 1.5-year route may lower total tuition only after RMIT grants advanced standing, so include supporting transcripts, syllabi or management evidence.
• The table excludes flights, materials, setup costs and any fee changes, so visa funds should not be treated as the full study budget.

Cost of Living in Melbourne for MBA Students

RMIT estimates Melbourne living costs at A$30,000 to A$45,000 (INR 20.42 Lakhs to INR 30.64 Lakhs) per year for 2026.

The following monthly figures are calculated from RMIT weekly ranges and help compare recurring costs; they are not a guaranteed monthly budget.

Source: RMIT University 2026 fee and cost pages.

A calculated first-year planning range combines A$50,880 tuition, A$373 maximum SSAF and A$30,000 to A$45,000 living costs. It totals A$81,253 to A$96,253 (INR 55.30 Lakhs to INR 65.53 Lakhs).

At the same annual tuition and living assumptions, two years calculate to A$162,506 to A$192,506. That equals INR 1.11 Crore to INR 1.31 Crore, excluding fee increases, OSHC, flights, materials and setup.

Also Check: Australia student cost planning

Key insight: The October MBA budget is driven by tuition and Melbourne living costs, not SSAF alone. Build funds around the calculated range and recheck RMIT invoices before payment.

RMIT MBA Admission 2026

For the two-year October 2026 plan, RMIT accepts a recognised bachelor degree in any discipline with GPA 1.0 on a 4.0 scale or GMAT 550.

For Indian planning, RMIT does not publish a postgraduate country conversion; GPA 1.0 is approximately 50% to 55% or CGPA 5.0 to 5.5, subject to equivalency review.

The 1.5-year advanced-standing route uses business-related prior study or approved management experience, and October entry is unavailable for advanced entry.

Academic Eligibility for RMIT MBA

RMIT assesses eligibility by study length and advanced-standing evidence, so the October route should be read separately from the accelerated route.

The table uses RMIT’s published minimum and gives an approximate Indian planning equivalent because no country-specific postgraduate conversion is published.

The key timing constraint is structural: RMIT does not offer October intake to advanced-entry students, so applicants seeking 48 or 96 credit points should target another intake.

Applicants without approved advanced standing should budget the full two-year plan, while the university assesses credit during application.

• Submit a detailed CV and syllabus evidence when requesting recognition of prior learning because RMIT assesses credit during application.
• A bachelor degree in any discipline keeps the two-year route open, but business-related study is needed for the standard advanced-standing path.
• Relevant management or leadership experience can support recognition of prior learning up to 48 credit points when RMIT approves it.

English Language Requirements for RMIT MBA

RMIT accepts IELTS (International English Language Testing System) Academic with 6.5 overall and no band below 6.0.

It also lists TOEFL (Test of English as a Foreign Language), PTE (Pearson Test of English) and Cambridge equivalents.

RMIT does not accept at-home or online tests, and an English Language Pathway remains available when the direct score is not met.

IELTS is the clearest planning benchmark because its band minimum exposes component weaknesses that an overall score can hide.

TOEFL remains published on the 0 to 120 scale on RMIT’s current course page, so verify the reported scale before sending a newer score report.

• Book an accepted test early because RMIT rejects at-home and online formats.
• Check each IELTS or PTE component rather than relying on the overall score.
• Use RMIT English Language Pathway only after confirming the intake, duration and additional cost in the offer process.

Tip for Indian students: The two-year route accepts any bachelor discipline, but the October intake excludes advanced entry. Confirm your route before paying deposits or booking travel.

RMIT MBA Application 2026

The October 2026 MBA application is open, and the international deadline is 14 October 2026.

RMIT lists applications as open all year, but each intake remains subject to available places and required documents.

October 2026 Application Timeline

RMIT publishes one current international deadline for the selected intake, followed by a short acceptance window.

The page gives dates without a clock time, so the portal date controls and Indian applicants should submit before the Melbourne calendar date.

Because orientation is scheduled for 15 October and classes begin on 19 October, a late file leaves little room for missing document requests or visa processing.

RMIT recommends visa applicants apply and accept 8 to 12 weeks before classes, so the official deadline is a final cutoff rather than a sensible planning date.

How to Apply to RMIT MBA

Apply directly through RMIT’s international application process using program code MC199 and plan code MC199P15.

Upload certified academic records, English evidence and passport details, then add a CV, personal statement, references or course outlines when RMIT requests them.

• Submit transcripts, mark sheets and graduation evidence for every qualification, with certified English translations when documents are not in English.
• Include a CV for gaps longer than 12 months and a personal statement when the application asks for one.
• Attach course outlines and a detailed CV if requesting advanced standing or recognition of prior learning.
• After an offer, accept it, arrange OSHC and pay the stated deposit before requesting the Confirmation of Enrolment.

Check the live RMIT MBA application dates before submitting because dates and places can change.

Application tip: The October deadline and classes begin within five days. Finalise English, certified documents and funding evidence before opening the application.

RMIT MBA Scholarships 2026

For Indian applicants, the verified 2026 award directly relevant to the MBA is the Future Leaders Scholarship, which reduces eligible tuition by 20%.

It is current published for offers commencing from 2026 intakes, but no fixed closing date is stated, so include scholarship eligibility in the initial course application.

RMIT states that no separate scholarship application is required: eligible students are identified through the course application and the award appears in the offer.

Target-cycle funding context: The award applies to eligible Masters by Coursework programmes and remains subject to its nationality, visa and enrolment conditions.

Because the award is a percentage tuition reduction, do not convert it into a fixed INR amount until RMIT confirms the annual fee in the offer.

Other visible RMIT awards checked were limited by domestic status, vocational or undergraduate study, or non-MBA programme rules.

• Apply for the MBA first because the scholarship route uses the RMIT course application rather than a separate form.
• Keep a valid student visa or plan to apply for one, as this condition is part of the stated eligibility.
• Do not assume the award stacks with another RMIT scholarship because the published terms exclude combination.

Read the Future Leaders Scholarship conditions alongside the offer before treating the reduction as confirmed funding.

Also Check: Australia scholarships for international students

Scholarship reality: The verified award is a 20% tuition reduction, not a cash stipend. Treat the percentage as conditional funding and confirm eligibility in the offer before finalising the two-year budget.

RMIT MBA Salary 2026

RMIT does not publish an MBA-specific salary for MC199, so the most useful official evidence is a school-level Graduate Outcomes Survey (GOS) result plus an external occupational benchmark.

The figures below describe different populations and cannot establish a typical RMIT MBA salary or payback period.

Source: RMIT Graduate Outcomes evidence and Jobs and Skills Australia occupational data.

The 92.4% figure is a university-cited Graduate Outcomes Survey result for postgraduate Business and Management, not a published MC199 cohort rate.

The occupation benchmark covers Management and Organisation Analysts and excludes managers, so use it for market context rather than a graduate salary expectation.

RMIT’s applied design-thinking, analytics and consulting work may support role exploration, but employment still depends on skills, experience, work rights and location.

The A$2,444 (INR 1.66 Lakhs) median is before tax, so take-home pay changes with residency, deductions and salary structure; use an official tax calculator before planning repayments.

RMIT MBA Return on Investment (ROI) for Indian Applicants

A calculated two-year tuition and living plan reaches INR 1.11 Crore to INR 1.31 Crore before fee increases. ROI therefore depends on work location, funding and the post-study route.

• At A$50,880 annual tuition (INR 34.64 Lakhs), current-rate two-year tuition is A$101,760 (INR 69.28 Lakhs); recheck each later-year invoice before borrowing.
• RMIT’s A$30,000 to A$45,000 annual living estimate (INR 20.42 Lakhs to INR 30.64 Lakhs) lifts two-year planning cost; reserve funds beyond tuition.
• The 92.4% school-level employment result has no MBA salary scope, so exclude it from a personal payback calculation.
• Indian graduates may receive three years under the Temporary Graduate visa, but sponsorship and occupation rules still determine host-country employment; model India-return income separately.

ROI reality: RMIT provides applied MBA training and a three-year post-study option for eligible Indian graduates, but no course-specific salary validates a guaranteed payback. Fund the degree against the full calculated cost.

Australia Visa for RMIT MBA Students 2026

The Student visa subclass 500 supports this two-year MBA, and RMIT lists an application charge of A$2,500 (INR 1.70 Lakhs) for 2026.

A separate financial-capacity figure of A$29,710 (INR 20.23 Lakhs) for 12 months is a visa requirement, not a Melbourne spending forecast.

Eligible Indian graduates may receive three years in the Post-Higher Education Work stream of the Temporary Graduate visa, while the standard Masters coursework period is two years.

Read the current Student visa subclass 500 rules before relying on work or family conditions.

• During teaching sessions, Student visa holders can work up to 48 hours per fortnight; research degree exceptions do not apply to this coursework MBA.
• The Temporary Graduate visa rules set the post-study stream; eligible Indian Masters coursework graduates may receive three years under AI-ECTA (Australia-India Economic Cooperation and Trade Agreement).
• A Temporary Graduate visa application charge is A$5,750 (INR 3.91 Lakhs), so reserve it separately from tuition and living funds.
• Employer-sponsored options use occupation, English, experience and salary rules; the 2026 to 2027 Core Skills Income Threshold is A$79,423 (INR 54.07 Lakhs).
• Dependants can have different work rights for Masters coursework families, so each family member should verify the visa grant conditions before travel.
• Permanent residence is not automatic because employer nomination and skilled visas use separate occupation, skills, English, experience and salary conditions.

Also Check: Australia Student visa requirements

Visa reality: The three-year Indian post-study window improves time for job search, but it does not remove occupation, employer or salary conditions. Confirm the correct visa grant before relying on it.

RMIT MBA Ranking 2026

RMIT MBA is ranked 151 to 200 globally in the QS Global MBA Rankings 2026, and RMIT reports a 7th position in Australia for the same MBA scope.

This is a programme-specific MBA ranking, so it is more relevant to course selection than an overall university rank.

The ranking supports programme visibility but does not establish salary, admission likelihood or visa eligibility.

Use it alongside the verified 2026 cost, curriculum and employment evidence, because official sources do not publish a course-specific salary.

Honest take: The MBA ranking confirms programme-level recognition, but the applied curriculum and full cost should drive the decision. Treat rank as context, not a return guarantee.