Diploma of Business - Teach out mode only

Melbourne Institute of Technology’s (MIT) Board of Directors have decided not to recruit / enrol any new students in the Diploma of Business course, effective 25th September 2017. This decision does not affect currently enrolled students, since units within their course will continue to be available for them to study and graduate, and the Diploma will be in a “teach out” study mode over the next two years. The reasons for this decision were the following:

  • Continuing low progression rates, low completion rates and high attrition rates;
  • Recent indications from the Federal Government in relation to the funding of undergraduate diplomas and
  • Relatively low number of students entering both courses and the projection that numbers will continue to decline.

In addition, the Tertiary Education Quality and Standards Agency (TEQSA), the Government’s regulatory body, has approved MIT’s application to cease accreditation effective 25.9.2017.

MIT would also like to emphasize that this process affects future students who may have had plans to enrol at MIT in the Diploma courses, but not the currently enrolled students in any significant way.

Please note that all current Diploma students have been advised via an email this morning on the above, and were advised to contact Mr Ashlee Compton (acompton@mit.edu.au), Student Services and Engagement Officer (Level 2M) should they have any concerns.

All of MITs academic and student support services including mentoring, study skills, advocacy and counselling, will continue to be available to the Diploma students, and every effort will be made to facilitate their completing their diploma within the two-year timeframe, as per MITs ‘Student Continuity Contingency Plan’.

The Diploma of Business provides a comprehensive foundation in the business disciplines including marketing, information technology, economics, business law, management, accounting and business statistics while also emphasising skills such as communication, cultural awareness and ethics. The course can provide a pathway to 2nd year entry into a Bachelor’s degree as well as producing knowledgeable employees for entry level business positions.

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Teach out mode only

  • VTAC Code
  • 9470194702 (DFP)
  • 9470194703 (IFP)
  • UAC Code
  • 570100
  • CRICOS Course Code
  • 051114A (VIC)
  • 072665G (NSW)

Duration: 1 years [2 Trimesters]
Intake: March, July, November

The Diploma of Business aims to provide graduates who will:

  • Have broad theoretical and technical knowledge of the business discipline
  • Possess competency and skills to select and apply knowledge and information to complete a range of activities
  • Transmit information and skills to others
  • Apply skills and knowledge to demonstrate judgement of business and process issues
  • Exhibit the MIT Graduate Attributes
  • Be capable of working as a member of a team
  • May continue their learning in the Bachelor of Business degree
  • Exercise thinking and problem solving skills
  • Be able to adapt knowledge to different contexts
  • be ethically aware
  • Be culturally aware and able to adapt to diverse organisations settings and national cultures.

The year of foundation knowledge in business has small tutorial class size that makes individual attention possible and ensures that what is learnt in lectures is put to practice and application. There is an emphasis on understanding practical applications as well as theories and models. Tutorial and assignment work involves real-world applications and questions.

The Diploma of Business course comprises:

The common core units are:

Alternative pathway to second-year University

The Diploma of Business is of two semesters (8 months) duration, and consists of units equivalent to the first-year of relevant Bachelor degrees at MIT and other Australian Universities. On successful completion of your Diploma of Business, you could enter second-year of a relevant Bachelor degree at MIT, Deakin University, Swinburne University of Technology, Griffith University or Federation University Australia. For detailed information, please contact MIT Admissions and Enrolments Department.

Year 1Year 2Year 3
Diploma of Business
MIT - Bachelor of Business (Accounting, Management, OR Marketing)
Deakin University
- Bachelor of Commerce *
- Bachelor of Management *
Swinburne University of Technology
- Bachelor of Commerce (Finance)
- Bachelor of Commerce (Human Resource Management)
- Bachelor of Commerce (Management)
- Bachelor of Commerce (International Business)
- Bachelor of Commerce (Marketing)
- Bachelor of Commerce (Entrepreneurship and Innovation)
Federation University Australia
- Bachelor of Commerce (Accounting)
- Bachelor of Management (Management OR Marketing)
Griffith University
- Bachelor of Business

* Additional subjects may be required if students wish to undertake more than one major sequence.

Program structures and units are subject to change through the process of regular course revision.  There is no guarantee that every unit will be offered in any particular trimester.

All sectors of the global economies offer varied entry level opportunities for holders of the Diploma of Business including public service, government business, education, health, manufacturing, mining, service industries, e-commerce and the retail sector.

The Diploma of Business is accredited by the Tertiary Education Quality and Standards Agency (TEQSA) - www.teqsa.gov.au.

Effective midnight 25 9 2017 the accreditation of the MIT Diploma of Business (or IT) ceased. The program is in teach out mode.

The entry requirements for undergraduate programs are outlined below:

Entry requirements: Successful completion of Year 12 or equivalent
Pre-requisites: None

Mature age entry

Mature-age applicants without formal qualifications may be admitted if they are able to demonstrate a range of attributes such as personal motivation, maturity and work experience or previous study. This is assessed on a case by case basis. Applicants are required to provide a personal statement outlining their interest, motivation and reasons for selecting the course including details of educational and any employment background.

As a minimum, applicants should have successfully completed an Australian year 12 or equivalent. For further country specific requirements, contact MIT Admissions Department. 

English language requirements - International students

English language Proficiency testsResults Required
IELTS (Academic)

Overall score 6.0 (no band less than 5.5)

TOEFL (Test of English as a Foreign Language)

Overall score 60‐78 with minimum scores: Reading 12, Listening 11, Speaking 17, Writing 20

PTE Academic

Overall score 50 with (no score less than 46)

Cambridge CAE

CAE Score of 169 (no band less than 162)

For more information, please visit our course Tuition fees page.


Various scholarships are available at MIT. For further information, please check Scholarship information.



Even though MIT endeavours to provide correct information, this information may change throughout the year. You are strongly advised to verify the accuracy of this information with the relevant schools before making a decision.

This course is in teach out mode and is not accepting new applications.