Located in Melbourne, Deakin Business School utilises technology to offer innovative, borderless, socially responsible and personalised education. The school is placed among the top 1% of business schools Worldwide with dual accreditation from EQUIS and AACSB and therefore immensely popular among students planning to study in Australia.
The MBA program at Deakin Business School is also internationally recognised and apart from being EPAS accredited, the program also holds a five-star rating from GMAA(Graduate Management Association of Australia). QS has also rated the program as an ‘attractive and recognised program with a very high graduate employability rate’. These ratings suggest an assurance of quality that aids international students to land better MBA jobs in Australia.
Deakin Business school offers a broad range of business disciplines through its six main departments – accounting, economics, finance, information system and business analytics, management and marketing. The school affiliated with Deakin University follows a rolling admission policy. Prospective candidates can therefore apply any time of the year either directly through Deakin’s online application portal or via authorised agents. Students need to pay an application fee of 55 AUD and submit copies of academic qualifications and ELP such as IELTS score of 6.5.
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Deakin Business School Ranking
Deakin Business School has been ranked as follows:
- #26 under the QS top 50 under 50(under 50 years old) ranking
- #7 in Australia for its MBA program.
- #21-26 in Asia-Pacific Ranking for their MBA program.
- #151-200 as per QS global ranking 2021.
- Deakin Business Schools’ online mode was the best in Australia as per the QS ranking in 2021.
- #17 among the world’s best universities for their online mode as per QS rankings
- #8 with an overall score of 35.8 for their full-time MBA program as per QS Global MBA Rankings: Oceania 2021.
Highlights
University Type | Public |
Campus Setting | Urban |
Full time and permanent faculty members | 63 |
Online Degrees | Available |
Scholarships | Through grants and awards |
Overseas part-time exchange programs available for part-time students | Yes |
On-campus housing for international students | Available |
Number of Business disciplines | 29 |
Part-time Study | Available |
Proficiency in English | Required through TOEFL or IELTS |
Business Internships | Available |
Part-Time Work and study at university | Available |
Admission Helpdesk | 95517-60001 |
College website | vpointvisa.com |
Deakin Business School Campus
Deakin University has four physical campuses located at Melbourne Burwood, Geelong Waurn Ponds, Geelong Waterfront, Warrnambool and a cloud campus. All campuses at Deakin University offer facilities such as a library, accommodation, student services, security, health and well-being, sports and fitness, child care, parking, shopping and food. Students enrolling into Deakins Business School will also have access to all these facilities.
- The Melbourne Burwood Campus is the largest in terms of student population. It is also located 30 minutes away from Melbourne’s city centre.
- The health and wellbeing facilities at the campuses include services such as medical centres, multi-faith rooms, counselling services, and disability support services to ensure the mental, physical and spiritual well being of their students and faculty members.
- There are more than 120 extracurricular activities where their students can immerse themselves in clubs, sports, or societies.
- Deakin Trading Room, IBM Center of Excellence and SAS Visual Analytics Collaboratory situated in the Melbourne Burswood Campus are also some facilities in DBS.
Deakin Business School Residence
Deakin Business school offers students on-campus housing which includes options such as a single studio apartment, two sharing, four sharing, six sharing, and ten-person shared unit. Single and mixed-gender housing options are also offered.
- Each student will have their own furnished private bedrooms with free internet access.
- The common shared spaces are equipped with kitchens, seating areas, pool tables, table tennis tables, a movie room, outdoor barbeque, rooftop terrace, landscaped gardens, study rooms, and multi recreational rooms.
The cost of rooms offered by Deakins Business School are as follows –
Room Type | Number of Bathrooms | Weekly Fee in AUD (includes rent, utilities, and programs) |
---|---|---|
Single studio apartment | 1 | 326 |
Two-bedroom studio apartment | 1 | 264 |
Four or six-bedroom shared apartment(A/C and non- A/C) | 2 | 269 |
Five or six-bedroom shared apartment(A/C) | 2 | 279 |
10 persons shared living unit(Burwood student village) | 4 | 259 |
For those who choose to live off-campus, the Deakin’s HouseMe website provides a database of local housing facilities available for rent, near each Deakin Campus. There are plenty of off-campus student accommodation options in Australia like homestays, rentals and more.
Deakin Business School Programs
The Business School offers 27 undergraduate courses, 50 postgraduate courses, and 1 research program. The programs at Deakin Business School are offered through six academic departments in the fields of accounting, economics, finance, management, marketing and information systems, and business analytics.
Deakin business school functions like an Interbank FX Trading Room that provides practical learning and insights into the working of the foreign exchange market.
The School also provides a trading curriculum in a high-tech teaching space to undergraduate, postgraduate students with the help of advanced tools such as tickers, ASX and Bloomberg real feeds on the trading wall.
Deakin Business School Admission Process
International students planning to study at Deakins Business school can apply for admission directly or through an overseas representative. Before applying, prospective candidates should also check the application deadlines and entry requirements for each course mentioned on the respective program page.
Application Portal – Online
Application Fee- No fee in case of Online Application but physical application costs 55 AUD.
Documents Required
- Certified academic transcripts
- Award Certificates
- Copy of passport
- Scores of English Proficiency Tests to Study in Australia
- Letter of Recommendation
- Financial statements
- Work Experience if applicable
- SOP for MBA in Australia(For those applying to MBA programs)
Note: However, students planning to apply to Deakins Business school for a higher degree by research cannot apply through the online application portal/
Students should also explore: Sample SOP of MBA in Australia
Deakin Business School Cost of Attendance
While calculating the cost of attendance, candidates should take into account their course fees and the average cost of living in Australia. The table below gives an approximate cost of course fees and general expenses:
Expenses | Estimated Cost 2020-21 (UG) | Estimated Cost 2020-21 (PG) |
---|---|---|
Tuition Fee | 30,200 AUD- 38,400 AUD | 30,200 – 73,000 AUD |
Accommodation | 90-440 AUD (per week) | 90-440 AUD (per week) |
Groceries and eating out | 80-280 AUD (per week) | 80-280 AUD (per week) |
Gas and Electricity | 35-140 AUD (per week) | 35-140 AUD (per week) |
Phone and Internet | 20-55 AUD (per week) | 20-55 AUD (per week) |
Public transport | 15-55 AUD (per week) | 15-55 AUD (per week) |
Car related expense | 150-260 AUD (per week) | 150-260 AUD (per week) |
Gym Membership | 30-100 AUD (per month) | 30-100 AUD (per month) |
Personal Expenses | 25-130 AUD (per month) | 25-130 AUD (per month) |
Deakin Business School Financial Aid
Deakin University provides financial aid to international students in need through scholarships in Australia. Students who wish to be considered for a scholarship must apply for them during the time of admissions. The table below gives details of scholarship options, eligibility criteria and the amount awarded to international students:
Scholarship Name | Eligibility Criteria | Amount Awarded |
---|---|---|
Deakin Vice Chancellor’s International Scholarship | Meet the eligibility for admission to Deakin University, Achieved an average of 85% in previous studies. | 50% of tuition fee |
Deakin International Scholarship | Meet the eligibility for admission to Deakin University, Achieved an average of 65% in previous studies. | 25% of tuition fee |
Master of Business Administration Global Leader’s Scholarship | Meet the eligibility criteria for the program, Meet English language proficiency. requirements. Not be selected for any other scholarship or bursary and Achieved a minimum average of 65 or above in recent education. | 20% of total course cost |
International Vice Chancellor’s Scholarship | The applicant must be from a citizen/ resident South Asian country; Applicants must apply through Deakin authorized agents in their country. Applicants must have 85% in Class 12 CBSE/ ICSE/ State Board examination, Overall 10 or A-Level in GCSE. Passed an undergraduate degree with 80%. | 100% of tuition fee |
Deakin Indian Merit Scholarship | Must be an Indian citizen and Must be a resident of India during application. The applicant must apply through the Deakin Authorized agent in India. An overall score of 75% in the undergraduate program, Passed class 12 with 80%. | 25% of tuition fee |
Deakin Business School Alumni
Deakins Business School has an extensive Alumni Network. They also become part of the overall Deakins University Alumni and enjoy benefits such as discounts and offers for bookshops, discounts for accommodation at Deakin Waurn Ponds Estate, Employment opportunities with partnered industries, Postgraduate Bursary scholarship offers 15% off the fee, Deakin Library Membership and the like. Some of the notable Alumni who graduated from Deakin Business school are
- Parul Bhatia- Author of the book “My Foreign Master’s Degree”
- Tom Allwright is the CEO and Founded of Adventure Abroad
- Richard Colman is an athlete, Motivational speaker and coach.
Deakin Business School Placements
Deakins have several programs and resources to help students explore employment opportunities and equip them with skills and tools to achieve their dream career.
- Deakin Explore features more than 1000 courses and careers that enable students to find the right course that will help them build a dream career.
- At DeakinTalent, pupils will receive career counselling and attend workshop programs that will allow them to explore various career options, build skills and experience through career coaching and so on. This service is available even after graduation.
- Students can search for casual/part-time jobs and internships while they are studying through DeakinTALENT and GradConnection GlobalJOBS boards.
- Deakins business school also has a separate program for international students called DeakinTALENT International Student Careers (DISC) which helps in building marketability and networking skills and improve employment opportunities for overseas students.
The average salaries earned by some of the graduates of Deakins Business School are as under:
Job Areas | Average Salary in AUD |
---|---|
Program and Project management | 125,000 |
Finance Control and Strategy | 108,000 |
Executive Management & change | 98,000 |
Financial Services | 97,000 |
Architecture, Design jobs | 88,000 |
Compliance, AML, KYC and Monitoring | 87,000 |
The university also equips the students in job search strategies by navigating various social media platforms including LinkedIn to ease the process of searching for a job/career. The counselling and advising are provided for effective documentation and interviews. All students have to go through career training to reach the market by keeping their best foot forward.
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