Doctor of Philosophy (IITB - Monash Dual Award)(Faculty of Business and Economics) (CRICOS course code 085528J) is a Doctoral Degree delivered by Monash University (Monash) over 4 years. This dual-award PhD gives you the opportunity to conduct research jointly with IITB and Monash, earning a single qualification recognised by both institutions. As a CRICOS-registered course (provider 00008C), it meets Australian Government standards for international students, ensuring ESOS Act protections, including tuition assurance and refund safeguards. Located across Monash’s Caulfield and Clayton campuses in Melbourne, Victoria, this program immerses you in a vibrant research environment. Melbourne is home to over 230,000 international students and offers a diverse cultural landscape. With this course, you’ll contribute to Management and Commerce scholarship while building a global academic network.
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Doctor of Philosophy (IITB - Monash Dual Award)(Faculty of Business and Economics) (CRICOS code 085528J) is a Doctoral Degree (AQF Level 10) offered by Monash University (Monash), a government university (CRICOS 00008C). The course is classified under Field of Education 08 - Management and Commerce, specifically 089999 - Management and Commerce, n.e.c. It is designed for high-achieving graduates seeking to undertake a supervised research project leading to a thesis that makes a significant original contribution to knowledge. Monash University is one of Australia’s leading research universities, with over 30,000 international students across its campuses. The dual-award nature with IITB provides cross-institutional supervision and access to resources at both universities. As a CRICOS-registered program, it meets all Australian quality standards and is listed on the Commonwealth Register of Institutions and Courses for Overseas Students.
This doctoral program focuses on advanced research in Management and Commerce, encompassing areas such as organisational behaviour, strategic management, marketing, finance, and economics. Students are expected to complete a substantial research thesis under the guidance of supervisors from both Monash University and IITB. The program emphasises independent critical thinking, research methodology, and scholarly writing. Graduates typically pursue careers in academia, research institutions, or senior analytical roles in industry and government. While the exact syllabus is determined by the candidate’s research proposal, common milestones include confirmation of candidature, progress reviews, and a final thesis examination. The program is delivered entirely in English, with no mandatory coursework component, though candidates may enrol in relevant research training units.
The course has a CRICOS duration of 4 years (208 weeks). It is a full-time, on-campus program delivered at Monash University’s Caulfield and Clayton campuses in Victoria. The language of instruction is English. This is a single qualification (not a dual qualification despite the dual award name — the CRICOS register lists it as a single course of study). Students are expected to be physically present for supervision and research activities, though some fieldwork or external data collection may be permitted. Part-time enrolment is generally not available for international students on a Student visa due to visa condition 8202 requiring full-time study.
The indicative tuition fee for the entire program is A$179,359, with no additional non-tuition fees listed on the CRICOS register (A$0). The estimated total cost is therefore A$179,359. However, these figures are sourced from the CRICOS register as at April 2026 and are subject to change by Monash University. International students should also budget for Overseas Student Health Cover (OSHC), which for a single person is approximately A$600–A$1,000 per year, and living costs. According to the Department of Home Affairs, the cost of living in Melbourne is around A$24,000 per year for a single student, covering rent (A$350–$550 per week for shared accommodation), groceries (A$80–$150 per week), and public transport (A$60–$100 per week). Visa application fees are additional. Always confirm current fees directly with Monash University before applying.
While exact entry requirements are set by Monash University, typical expectations for this doctoral program include a four-year bachelor’s degree with honours (or equivalent) in a relevant field, or a master’s degree with a significant research component. A high level of academic achievement (e.g., equivalent to an Australian H2A or above) is usually required. English language proficiency: IELTS overall score of 6.5–7.0 (with no band less than 6.0–6.5 depending on the faculty) or equivalent. Some pathways, such as a Graduate Certificate or Graduate Diploma in Business Research, may be available for applicants who do not meet direct entry. Check Monash University’s website for detailed requirements.
No work component — this course does not include a mandatory work or internship component. However, Student visa holders (Subclass 500) are permitted to work up to 48 hours per fortnight during study periods and unlimited hours during scheduled breaks, subject to visa conditions. This can help offset living costs, but should not compromise your research commitment.
This course is delivered at two Monash University campuses in Victoria: Monash Caulfield (Caulfield East) and Monash Clayton (Clayton). Monash Caulfield is located about 10 km from Melbourne’s city centre, with easy access via train (Caulfield station) and tram. Monash Clayton is approximately 20 km southeast of the city, served by the Clayton train station and several bus routes. Clayton is a major research hub with a large student population and housing options ranging from shared houses to apartments. Melbourne offers a diverse and multicultural environment, with numerous cafes, libraries, and recreational facilities. The city’s student population exceeds 230,000, including many international students, and the cost of living is notably lower than Sydney.
International students must obtain a Student visa (Subclass 500) to study this course. Key requirements include: Confirmation of Enrolment (CoE) from Monash University, Genuine Temporary Entrant (GTE) criteria, sufficient financial capacity (tuition, living costs, OSHC, travel), and English language proficiency. OSHC must be maintained for the entire visa duration. You may work up to 48 hours per fortnight during term and unlimited hours during holidays. Your visa may be cancelled if you fail to maintain enrolment or attendance. For detailed advice, consult a registered migration agent (MARA) or visit the Department of Home Affairs website.
Follow these three steps to secure your place in Doctor of Philosophy (IITB - Monash Dual Award)(Faculty of Business and Economics) at Monash University (Monash): 1. **Research CRICOS-registered providers**: Use HeadStart Academy to filter by course level (Doctoral Degree), field (Management and Commerce), and location (Victoria). Confirm the course is CRICOS-registered (code 085528J). 2. **Apply directly to your chosen institution**: Visit Monash University’s website (www.monash.edu.au) for application deadlines, entry requirements, and English test results. Prepare your research proposal, academic transcripts, and referee reports. 3. **Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500)**: Once accepted, Monash will issue a CoE. Use this to apply for your visa, paying the visa application fee (currently A$1,600) and arranging OSHC. Submit all documents and await a decision. Always check your visa conditions upon grant.
Ready to begin your research journey? Use HeadStart Academy to explore more CRICOS-registered doctoral courses and start your application today.
Doctor of Philosophy (IITB - Monash Dual Award)(Faculty of Business and Economics) is a CRICOS-registered programme at Monash University (Monash). Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.