Master of Business

Melbourne

 

INTAKE: Jul, Feb & Nov

Program Overview

The Master of Business program at Monash University, Melbourne is designed to equip students with a comprehensive understanding of business principles, strategies, and practices. This program is ideal for individuals seeking to enhance their business knowledge and skills, broaden their career prospects, or pursue entrepreneurial endeavors. With a duration of 24 months, the program provides students with a solid foundation in core business disciplines while offering opportunities for specialization in various areas.

Broad Business Foundation: The Master of Business program offers a broad-based curriculum that covers essential business disciplines, including finance, marketing, human resources, operations, and strategy. Students gain a solid understanding of core business concepts and principles, enabling them to analyze business problems, make informed decisions, and develop effective business strategies.

Specialization Options: The program provides students with the flexibility to specialize in a specific area of interest within the field of business. Specialization options may include finance, marketing, entrepreneurship, international business, human resource management, or supply chain management. By choosing a specialization, students can develop expertise in their chosen area and tailor their studies to align with their career goals.

Practical Learning: The Master of Business program emphasizes practical learning experiences to bridge the gap between theory and real-world business challenges. Students engage in case studies, group projects, simulations, and industry collaborations to apply their knowledge and skills to practical business scenarios. This hands-on approach enables students to develop critical thinking, problem-solving, and teamwork skills essential for success in the business world.

Industry Engagement: Monash University, Melbourne maintains strong connections with industry partners, providing students with opportunities to engage with leading businesses and professionals. Guest lectures, industry projects, and networking events allow students to gain insights into industry trends, expand their professional networks, and enhance their understanding of real-world business practices.

Global Perspective: The program fosters a global perspective by exploring international business environments, cross-cultural management, and global market trends. Students develop an understanding of the complexities and challenges of operating in a globalized economy, preparing them for careers in multinational companies, international trade, or global consulting.

Innovation and Entrepreneurship: The Master of Business program nurtures an entrepreneurial mindset and encourages students to explore innovative business ideas. Through coursework and experiential learning opportunities, students learn about the process of starting and managing a business, identifying market opportunities, developing business plans, and understanding the dynamics of entrepreneurship.

Pollster Education

Location

Melbourne

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

AUD 50000

Postgraduate Entry Requirements:

Academic Qualifications: To be eligible for postgraduate programs, international students should hold a bachelor's degree or equivalent qualification from a recognized institution. Minimum 65% in your previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall 6.5 or 7.0, depending on the program, with no band less than 6.0.
  • TOEFL: Overall 79, with minimum subsection scores of Listening 12, Reading 13, Writing 21, and Speaking 18.
  • PTE: Overall 58, with a minimum of 50 in each section.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.

Monash University offers a range of scholarships to both domestic and international students to help cover the cost of tuition fees, living expenses, and other study-related costs. These scholarships are awarded based on academic excellence, financial need, leadership potential, and other criteria.

  1. Monash International Merit Scholarship: This scholarship is offered to international students who have demonstrated academic excellence in their previous studies. The scholarship provides up to $10,000 per annum for the duration of the student's course.

  2. Monash Graduate Scholarship: This scholarship is available to high-achieving domestic and international students who are undertaking a graduate research degree at Monash University. The scholarship provides a living allowance of $29,500 per annum, as well as a range of other benefits.

  3. Monash Asylum Seekers Scholarship: This scholarship is designed to provide financial assistance to asylum seekers who are undertaking undergraduate or postgraduate study at Monash University. The scholarship covers the cost of tuition fees, as well as a range of other study-related expenses.

  4. Monash Equity Scholarship: This scholarship is offered to students who have experienced financial hardship or other forms of disadvantage that have impacted their ability to succeed academically. The scholarship provides up to $6,000 per annum to assist with living expenses and other costs.

  5. Monash Indigenous Scholarship: This scholarship is available to Indigenous students who are undertaking undergraduate or postgraduate study at Monash University. The scholarship provides a range of benefits, including financial assistance, mentoring, and academic support.

The Master of Business program at Monash University, Melbourne prepares graduates for a wide range of exciting career opportunities in the field of business. With its comprehensive curriculum and emphasis on practical skills, graduates are equipped with the knowledge and expertise to thrive in various industries.

  1. Business Management: Graduates of the Master of Business program can pursue management roles in organizations across different sectors. They can work as business managers, operations managers, project managers, or general managers, overseeing various aspects of the business such as strategy, operations, finance, and human resources. These roles involve making strategic decisions, managing teams, and driving organizational growth.

  2. Marketing and Market Research: For those interested in marketing and market research, career opportunities abound. Graduates can work as marketing managers, brand managers, market research analysts, or digital marketing specialists. They are responsible for developing marketing strategies, conducting market research, analyzing consumer behavior, and executing marketing campaigns to drive business growth and maximize market share.

  3. Consulting: A Master of Business degree opens doors to consulting careers in top consulting firms or as independent consultants. Graduates can work as management consultants, providing strategic advice to organizations, helping them solve complex business problems, and improving their overall performance. Consulting roles often involve working with clients from diverse industries and collaborating on various projects.

  4. Entrepreneurship and Innovation: The program equips graduates with the knowledge and skills to start their own businesses or work in entrepreneurial ventures. With a solid understanding of business principles and a focus on innovation, graduates can explore opportunities as entrepreneurs, business owners, or innovators. They can identify market gaps, develop business models, secure funding, and bring their innovative ideas to fruition.

  5. Financial Management: Graduates with a specialization in finance can pursue careers in financial management, investment banking, or corporate finance. They can work as financial analysts, financial controllers, investment managers, or risk managers, handling financial planning, budgeting, investment analysis, and risk assessment. These roles require strong analytical skills and an understanding of financial markets.

  6. International Business: In today's globalized economy, there is a growing demand for professionals with international business expertise. Graduates can work in multinational corporations, international trade organizations, or government agencies involved in international trade and diplomacy. They can hold roles such as international business development managers, global supply chain managers, or international trade consultants.

  7. Strategic Planning and Business Analysis: Graduates with a strategic mindset and strong analytical skills can pursue careers in strategic planning, business analysis, or corporate development. They can work as strategic planners, business analysts, or corporate strategists, helping organizations identify growth opportunities, assess market trends, and develop long-term business strategies.


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