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MBA and business schools
Business and management students in Australia learn in an environment uniquely placed between eastern
and western cultures and economies. They develop a cultural understanding that is quickly becoming an
important element of business success in the era of globalisation.
Courses and qualifications
The Master of Business Administration
(MBA) is an internationally recognised
degree that provides students with practical
and theoretical knowledge of how people
and processes work within the business
world and in the wider community.
Australia’s universities and private education
providers offer 77 internationally recognised
MBA programs and similar alternatives.
Most courses are delivered over a period
of one to two years of full-time study.
The MBA offers worldwide networking
opportunities, expanded personal skills and
career enhancement. An Australian MBA
course will improve your skills by promoting
your abilities to work as an effective
team member, lead others and develop
strong interpersonal relationships through
increased communication, presentation and
Basic subject areas of an MBA
The MBA introduces students to the various
business disciplines and prepares them for
general management roles. Business schools
in Australia generally provide units in:
• business policy and strategy
• data analysis and statistics
• global business
• human resources management
• organisational behaviour.
Research projects and units focusing on
sustainable and ethical business practice
may also be offered.
Specialisations within the MBA
There are many specialisations offered
within the MBA, ranging from international
management and Chinese language to
engineering management and health
services management. Specialist programs
allow students to focus on their professional
area while learning the fundamentals of
business and management. Check with
your preferred institution to see which
specialisations are offered. You may also be
able to study an MBA in combination with
another masters program.
MBA programs typically have an extremely
heavy workload due to the amount of
subject matter covered and to simulate the
demanding workload of a senior executive.
The heavy workload is designed to give
students the opportunity to develop good
time management skills, which will be
essential during their careers.
Alternatives to the MBA
The traditional MBA has inspired a range
of other programs. The executive MBA
(EMBA), for example, is a shorter, more
intensive advancement course designed
for senior managers. There are also a
number of other masters-level programs
for managers, such as the Master of
Management (MMgt), the Master of
Engineering Management (MEM) and
the Master of Technology (MTech). These
courses are aimed at people who are
currently employed in (or who are seeking
careers in) specific industries. Other courses
such as the Master of Entrepreneurship and
Innovation (MEI) are designed for people
intending to start innovative new businesses
or play a leading role in an innovative unit
of an established organisation.
Beyond the MBA
Another development for professionals
who have completed an MBA or equivalent
is the Doctor of Business Administration
(DBA). The DBA gives students the
opportunity to further their knowledge
and understanding in an area of interest
through applied research and some
Average tuition costs
MBA program fees range from
AUD$19,000 to more than $100,000 in
total for international students. These
figures were sourced from MBA providers
in 2013. Fees vary widely due to differing
course lengths, subject options and
extra activities such as study tours, so it’s
important to check fees with individual
Entry requirements vary considerably.
Institutions generally require a bachelor
degree from a recognised tertiary institution
and/or several years of management
experience, as well as good communication
skills in written and spoken English
(demonstrated through English language
testing if English is not your first language).
Business schools may also require personal
references, evidence of career progression
and a personal statement. The Graduate
Management Admission Test (GMAT) is
an aptitude test for applicants to gain
entry to business schools. Some Australian
institutions require candidates to complete
the GMAT for entry, while others use it
as an optional extra or as an alternative
entry scheme for those who do not meet
other entry requirements. For more details,
visit the Graduate Management Admission
Council’s website at www.gmac.com or
the official GMAT website at
Application dates vary between institutions.
Some institutions offer two intakes a year,
with programs generally commencing
in February and July; others offer three
trimesters per year, with intakes generally
in February, July and November. A few
institutions offer four intakes per year.
The MBA introduces students to
the various business disciplines
and prepares them for general
The MBA offers worldwide
expanded personal skills
and career enhancement.
An Australian MBA course
will improve your skills by
promoting your ability to work
as an effective team member.
for in-depth information about courses,
institutions and scholarships.
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