University of Wollongong
Master of Business
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 18 months
- Course Type: Master's
The structure of this program is flexible and can be tailored to an individual's professional development needs.

Course overview
The Master of Business allows you to choose subjects that are of most interest to you and your career. You will be equipped with fundamental business knowledge and skills through a set of core subjects, as well as completing a research capstone.
If you wish to specialise in a specific area of business, you can combine your Master of Business with a specialist master’s degree to create a two-year program tailored for you.
As a graduate of the Master of Business, you will have knowledge across a broad range of business areas that will allow you to move into a variety of business careers.
CSP Subsidised Fees Available
This program has a limited quota of Commonwealth Supported Places (CSP). The indicative CSP price is calculated based on first year fees for EFT. The actual fee may vary if there are choices in electives or majors.
Key facts
What you will study
The Master of Business requires the successful completion of 72 credit points (CP) including:
- 24 CP of foundation subjects.
- 24 CP of core subjects.
- A six CP capstone subject.
- 18 CP of electives.
Each subject is valued at six CP.
Foundation
Complete the following:
- Accounting and Financial Management
- Principles of Marketing Management
- Organisational Behaviour and Management
- Operations Management
Core
Choose four from the following:
- Management of Change
- Leading in Contemporary Organisations
- Strategic Integration in a Global Context
- Organisational Analysis
- Cross Cultural Management
- Managing Complex Projects
Capstone
Complete the following:
- Business Research Capstone
Electives
- Students must complete 18 CP of 900 level elective subjects from subjects offered from the Sydney Business School within the Faculty of Business and Law (excludes MBA and some specialised 900 level subjects).
Entry requirements
Academic requirements
To be considered for this course, students must have one of the following:
- A recognised bachelor's degree in a specialisation related to business, engineering, maths or IT with an equivalent average mark of 50 per cent.
- A Graduate Certificate in Business.
Other tertiary qualifications combined with extensive professional work experience will be considered.
English language requirements
For international students, the following level of English is required to gain admission to this program:
- IELTS Academic: Overall score of 6.5, with reading 6.0, writing 6.0, listening 6.0 and speaking 6.0.
- TOEFL (Internet-based): Overall score of 86, with reading 18, writing 18, listening 17 and speaking 17.
- UOW College's English for Tertiary Studies: Credit (weighted average mark of 65 overall and minimum 50 in Academic Reading and Writing)
Other qualifications may also be considered. Contact the university for more information.
Recognition of Prior Learning
If you hold a bachelor's degree in a business or commerce-related area you may be granted credit for up to 24 CP (four core subjects).
Graduates of the Master of Business can progress to another select master’s program and receive up to 36 CP into their new master’s degree - so you can complete two master’s programs in two years.
Graduates looking to progress to the Master of Business Administration will receive up to 24 CP into the MBA program, if they meet the appropriate work experience entry requirements.
Outcomes
Learning outcomes
- Demonstrate specialised knowledge of advanced concepts and frameworks relating to business.
- Synthesise relevant principles and concepts in a business context.
- Propose integrated solutions to a range of problems using theoretical knowledge, technical skills, and critical and/or creative thinking.
- Plan and execute a substantial business research project.
- Apply principles of social responsibility when critically evaluating situations and making business decisions.
- Communicate complex disciplinary information for the intended audience and purpose; (a) orally and (b) in writing.
- Reflect on professional interpersonal skills whilst working with others to produce agreed outputs.
Fees and CSP
Total indicative course tuition fee (2025): $49,032 (domestic full-fee paying place)
Total indicative course tuition fee (2025): $25,488 (Commonwealth Supported Place)
A student’s annual fee may vary in accordance with:
- The number of units studied per term.
- The choice of major or specialisation.
- Choice of units.
- Credit from previous study or work experience.
- Eligibility for government-funded loans.
Student fees shown are subject to change. Contact the university directly to confirm.
Commonwealth Supported Places
The Australian Government allocates a certain number of CSPs to the universities each year, which are then distributed to students based on merit.
If you're a Commonwealth Supported Student (CSS), you'll only need to pay a portion of your tuition fees. This is known as the student contribution amount – the balance once the government subsidy is applied. This means your costs are much lower.
Limited CSP spaces are offered to students enrolled in selected postgraduate courses.
Your student contribution amount is:
- Calculated per unit you're enrolled in.
- Dependent on the study areas they relate to.
- Reviewed and adjusted each year.
HECS-HELP loans are available to CSP students to pay the student contribution amount.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.