GLOBAL. BUSINESS. LEADERS.
Master of Management Suite Master of International Business Specialist Masters and Diplomas
mbs.unimelb.edu.au
Melbourne Business School
Global. Business. Leaders.
Professor Paul Kofman
Professor Zeger Degraeve
Dean, Faculty of Business and Economics Sidney Myer Chair of Commerce
Dean, Faculty of Business and Economics Dean, Melbourne Business School
Melbourne Business School is where academic rigour and the relevance of the business world come together to equip emerging leaders with the knowledge, research insights and skill to lead and have an impact.
We are a leading provider of management education in the Asia Pacific region offering graduate programs that meet the needs of business professionals at key stages of their careers. Our portfolio ranges from programs for new graduates
and early career professionals, to budding entrepreneurs and those taking the next step to lead organisations. At Melbourne Business School we will help you develop yourself, your team, your function and
your organisation. Your education is about so much more than your current job or aspirations. A broad range of core and elective subjects means you can not only explore subject areas in depth but test and develop new talents and areas.
Contents
03
Contents Study with us
04
Invest in your future at Melbourne Business School
06
Our disciplines
08
Master of Management programs
10
Master of Management
12
Master of Management (Accounting)
14
Master of Management (Accounting and Finance)
16
Master of Management (Finance)
18
Master of Management (Human Resources)
20
Master of Management (Marketing)
22
Master of Management elective subjects
24
Master of International Business
26
Master of International Business
28
Specialist masters and diplomas
30
Master of Actuarial Science
32
Graduate Diploma in Actuarial Science
33
Master of Commerce (Actuarial Science)
34
Master of Economics
36
Graduate Diploma in Economics
37
Master of Finance
38
Graduate Diploma in Finance
39
Master of Commerce (Management)
40
Master of Commerce (Marketing)
42
Master of Supply Chain Management
44
Master of Enterprise
46
Master of Enterprise (Science)
48
Master of Business Analytics
52
Master of Marketing
53
Master of Marketing Communications
54
Graduate research programs
56
Pathways to research
57
Student life at MBS
58
The city of Melbourne
59
Scholarships
60
The application process
61
Program fees
62
How to apply
64
Program portfolio
66
Melbourne Business School
Study with us
Programs
Duration / format
Entry requirements
GMAT or GRE
Work experience
Page
2 years full-time 4 years part-time
»» An undergraduate degree in a cognate discipline, or equivalent, including studies in subjects related to Accounting and Finance; or »» An undergraduate degree with a minor sequence of study in a cognate discipline; and a »» Statement of intent in seeking entry »» English language proficiency
Not required
Not required
16
Master of Management programs Master of Management (2 year programs)
Master of Management (Accounting and Finance)
Master of Management
12
Master of Management (Accounting) Master of Management (Finance)
2 years full-time 4 years part-time
Master of Management (Human Resources)
»» An undergraduate degree in any discipline, or equivalent, and a »» Statement of intent in seeking entry »» English language proficiency
14 Not required
Not required
18 20
Master of Management (Marketing)
22
Master of Management (1.5 year programs)
Master of Management
Master of Management (Accounting)
1.5 years full-time 3 years part-time
Master of Management (Finance) Master of Management (Human Resources)
»» An undergraduate degree in a business/commerce discipline, or equivalent, or »» A degree with business breadth or minor, as determined by the program director »» Statement of intent in seeking entry »» English language proficiency
12
Not required
Not required
14 18 20
Master of Management (Marketing)
22
Master of International Business
Master of International Business (2 year program)
2 years full-time 4 years part-time
»» An undergraduate degree in any discipline, or equivalent »» Statement of intent in seeking entry »» English Language proficiency
Not required
Not required
28
Master of International Business (1.5 year program)
1.5 years full-time 3 years part-time
»» An undergraduate degree in business/commerce, or equivalent »» Statement of intent in seeking entry »» English language proficiency
Not required
Not required
28
Master of Actuarial Science
2 years full-time 4 years part-time
»» Undergraduate or postgraduate degree with the equivalent of a major in mathematically based subjects (e.g. mathematics, physics, or engineering) »» Statement of intent in seeking entry »» English language proficiency
GRE*
Not required
32
Master of Commerce (Actuarial Science)
1 year full-time 2 years part-time
»» Undergraduate or postgraduate degree in actuarial science or similar with at least H2A (75%) average »» Statement of intent in seeking entry »» English language proficiency
GRE*
Not required
34
1 year full-time
»» Undergraduate degree with a credit average or above »» Evidence of academic success in quantitative subjects and a natural talent and passion for working with data »» English language proficiency »» Interviews will be required for shortlisted applicants
Not required
Not required
52
Specialist masters
Master of Business Analytics
05
Study with us
GMAT or GRE
Work experience
Page
GRE*
Not required
36
»» An undergraduate degree or equivalent in a relevant discipline, with studies in Business Finance, Investments and Corporate Finance, or their equivalents »» Statement of intent in seeking entry »» English language proficiency
GMAT or GRE*
Not required
38
Master of Commerce (Management)
1.5 years full-time 3 years part-time
»» Undergraduate or postgraduate degree with a major in management, marketing or a related discipline with at least H2B (70%) average, or equivalent »» Statement of intent in seeking entry »» English language proficiency
GMAT or GRE*
Not required
40
Master of Commerce (Marketing)
1.5 years full-time 3 years part-time
»» An average of at least H2B (70%) in the best three subjects in the disciplines of Management and Marketing in the final year of study »» Statement of intent in seeking entry »» English language proficiency
GMAT or GRE*
Not required
42
Master of Marketing
1.5-2 years part-time
»» Entry to the Master of Marketing is via the part-time Graduate Diploma in Marketing (first nine core subjects of the Master degree). Students undertaking the Graduate Diploma in Marketing achieving a 70% grade average can request a transfer to the Master of Marketing after completing a minimum of seven subjects »» Undergraduate degree in any discipline
Not required
Minimum 2 years
53
Master of Marketing Communications
1.5-2 years full-time 3-4 years part-time
»» An undergraduate degree with an average equivalent to H2B (70%)
Not required
Not required
54
12 x 1 or 2 week intensive modules over 1.5 years
»» Please see the relevant course page for entry requirements
Not required
Minimum 3 years
Programs
Duration / format
Entry requirements
Master of Economics
2 years full-time 4 years part-time
»» An undergraduate or postgraduate degree with a strong analytical or mathematical component and with at least H2A (75%) average »» Statement of intent in seeking entry »» English language proficiency
Master of Finance
2 years full-time 4 years part-time
Specialist masters (continued)
Master of Supply Chain Management Master of Enterprise
44
Master of Enterprise (Science)
46 48
Graduate research programs
PhD and Doctoral programs
Master of Commerce
3-4 years full-time
»» The equivalent of an Australian four year honours degree in an area that is relevant to the research degree being applied for, with a research component that accounts for at least 25% of the work at fourth year or master’s level, with a minimum grade average of H2A 75-79% »» A statement of intent »» English language proficiency
GMAT or GRE
Not required
56
1 year full-time 2 years part-time
»» A four-year honours degree in Actuarial Studies, commerce or a related discipline with a minimum of H2B, 70-74% standard from an Australian university; or »» A preliminary course, normally the relevant postgraduate diploma, at an overall standard of at least H2B 70-74%; and »» A statement of intent »» English language proficiency
GRE
Not required
56
For more information about the MBA suite of programs, Master of Business Analytics or Master of Marketing please visit mbs.edu/programs
* The GMAT or GRE is not mandatory for applicants who have previously completed their undergraduate degree at an Australian or New Zealand University, or who meet one of the approved conditions for an exemption (see page 61 for further information).
Melbourne Business School
Invest in your future at Melbourne Business School When choosing a university in which to earn your degree, you want to know that at the end of your study, you can work anywhere in the world.
“I came out of the Master’s with greater perspective and a more well-rounded education which ultimately gave me the edge.” Andrew Lewinsky completed the Postgraduate Diploma in Finance and the Master of Management (Marketing) at MBS, and is now employed in the GE Financial Management graduate program.
AACSB Accreditation
EQUIS Accreditation
Melbourne Business School is accredited internationally by the Association to Advance Collegiate Schools of Business (AACSB) International. AACSB is a global, non-profit membership organisation of educational institutions, businesses and other entities devoted to the advancement of management education.
Our MBA programs are accredited by the EFMD Quality Improvement System (EQUIS). EQUIS is a leading international system of quality assessment, improvement and accreditation of higher education institutions in management and business administration.
Invest in your future
International ranking
The University of Melbourne is one of the world’s leading universities. It consistently ranks highly across the major international ranking systems:
Business and Management
Economics & Econometrics
The University of Melbourne is ranked
The University of Melbourne is ranked
1 in Australia
1 in Australia
for Business and Management in the 2015 QS World University Rankings by Subject.
for Economics & Econometrics in the 2015 QS World University Rankings by Subject.
st
Global reputation The University of Melbourne is ranked
13th Globally In the QS Employer reputation index 2014-2015, a survey of employers’ opinion on quality graduates.
st
Market leader The University of Melbourne
leads other Australian Universities in the Academic Ranking of World Universities, Shanghai Jiao Tong University.
Flexible and part-time study options
Most of our programs are offered on a part-time basis* and a large number of our classes are offered in the evenings. Classes at MBS are taught on campus, with a mix of lectures, seminars and tutorials. Selected subjects are also offered in an intensive mode during weekends and over the summer and winter semesters. *D ue to visa requirements, international students must study full-time.
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Melbourne Business School
“Studying at MBS has opened up numerous career opportunities for me. My analytical and quantitative skills, along with my overall business knowledge have vastly improved.� Melanie Alforque studied the Bachelor of Arts, then completed her Master of Management in 2013 and is now employed as a Marketing Graduate (Foods) at Mondelez International.
Our disciplines
09
Our disciplines
Accounting
Economics
The University of Melbourne has taught accounting since 1925 and has built a strong reputation as a premier educator in the field. Today, the Department of Accounting proudly maintains and enhances that reputation. As Australia’s leading accounting department, it attracts high calibre academic staff and students.
Economics provides skills in problem solving for business and government. It examines ways to understand what happens in markets, the performance of national economies and approaches for analysing and interpreting data. Ultimately, economics facilitates better decision making about the myriad of problems you will confront in the commercial world or in government.
Accounting in today’s business world is extremely sophisticated. An accountant is a strategic adviser and business partner who must have an in-depth understanding of business issues and processes, as well as the skills necessary for sound decision-making. Accounting studies will equip you with the skills to produce and interpret financial information that reflects how organisations operate and perform. You will learn how to produce this information for a wide range of users, including external firm stakeholders like shareholders and creditors, and also for managers within an organisation.
Actuarial Studies Actuarial Studies is a discipline well-known for its quantitative aspects and mathematical rigour. A graduate qualification in this area provides a natural pathway to working in the insurance sector and can offer real competitive advantages in today’s financial services industry. An Actuary’s work is based upon a multi-disciplinary background of mathematics, statistics, demography, finance and economics. The Centre for Actuarial Studies is located within the Department of Economics. The Centre is one of the six teaching units in Australia that are fully accredited by the Actuaries Institute. Members of the Centre undertake research in insurance, superannuation, financial mathematics and related areas. Our actuarial programs are firmly established and conducted by academics respected in their fields.
Economics students at MBS reap the benefits of studying with the leading economics department in Australia. Subjects are taught by some of the world’s best economists – scholars whose research places them at the forefront of their discipline and who regularly advise government and international agencies. The Department of Economics has several dedicated research units attracting local and overseas academics, and continually pushes the boundaries of knowledge in the fields of economics and econometrics. The Faculty of Business and Economics is also home to the Melbourne Institute, Australia’s leading and longest standing research institute in the field of economics.
Finance Financial markets, products and practices are fast-evolving, posing challenges for practitioners who must keep pace with increasingly complex products. Finance programs at MBS have been designed to prepare students for these professional demands by blending the best of academic knowledge and professional practice. Finance programs at MBS are developed and taught by academics from the Department of Finance, one of the few Australian university departments exclusively committed to this discipline. The Department is internationally recognised for its world standard research, research training, and undergraduate and postgraduate education in the
discipline. The global relevance of its curriculum is evidenced by its program partnership with the CFA Institute. In addition to a solid grounding in finance theory, students can gain practical knowledge from industry professionals engaged by the department to teach in selected subjects.
Management Management is about getting the most out of resources, adding the most value or getting the best return. It can be about self-management; prioritising one’s own time, energy and effort. It is also about managing other people. An effective manager is a catalyst, broker, facilitator, coach and people developer. At MBS the Management discipline encompasses specialised areas including consulting, human resource management, international business, operations management and managing contemporary businesses and organisations. Our Management programs are taught by some of the finest Australian and international academics acclaimed for their innovative teaching and engaging subject matter.
Marketing Marketing is about identifying and understanding customers and giving them what they want. Effective marketing is everything that needs to be done in order to deliver the products and services to the customer, including research, planning, pricing, packaging, promotion, selling and distribution. Marketing programs at MBS are designed and taught by academic staff known for their top-tier research, high-quality teaching performance and engagement with industry. Many consult to businesses, government and within the not-for-profit sector.
Melbourne Business School
Master of Management Programs Our Master of Management suite is designed for recent graduates from all disciplines, those with minimal or no work experience and early career changers. The degrees are designed to give you a sound business foundation and perspective, and specialised knowledge in your area of choice.
The Master of Management suite of programs consists of the: »»Master of Management »»Master of Management (Accounting and Finance) – 2 year program »»Master of Management (Accounting) »»Master of Management (Finance) »»Master of Management (Human Resources) »»Master of Management (Marketing)
Foundation subjects are taken in the first semester of study, followed by a sequence of compulsory discipline core and elective subjects depending on the area of chosen specialisation. The number of electives you may choose varies with each degree. For details, please visit: handbook.unimelb.edu.au
Program length Graduates with a degree in business/commerce or related discipline are eligible for entry to the Master of Management (Accounting and Finance), or entry to any of the 1.5 year programs. Graduates with a degree in any discipline are eligible for entry to the 2 year program.
Master of Management Programs
“I realised that if I wanted to grow fast in my career, technical skills were not enough and I needed to develop management skills to gain a holistic view of business. I chose the Master of Management which has made me realise I have a passion toward leadership roles.� Darshin Desai studied Information Technology and worked in investment banking before enrolling in the Master of Management.
11
Melbourne Business School
Master of Management The Master of Management provides foundational business training, as well as specialist training in organisational management. The program covers a broad spectrum of management activities including all the key areas needed to become a successful manager and leader, such as managing innovation and change, motivating and leading people, developing strategies for national and global markets, and developing customer-oriented organisations.
Who is it for?
Credit for prior studies
Fees (indicative)
This program is ideal for students holding an undergraduate degree in an area outside of business/ commerce whose goal may be to assume a managerial position in their particular field of expertise. The program is also suited to business/commerce students who wish to add a specialisation in management to their portfolio.
The Master of Management (Marketing) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from nonbusiness backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.
Local student (Aust. full fee)
Program details »»Entry in either Semester 1 (February) or Semester 2 (July) »»Parkville campus
Entry requirements*: An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the course. In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent.
Cost per year $30,560 ($3,820 per 12.5 credit point subject) Indicative cost of degree $62,648 (2 year program) $46,604 (1.5 year program) Local student (CSP) Cost per year $10,440 full-time ($1,305 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP. International student
Career outcomes
The Selection Committee may seek further information to clarify any aspect of an application.
Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject)
Graduates of this program are employed in roles such as:
The minimum English language requirements for this program are Band 6.5.
Indicative cost of degree $79,245 (2 year program) $58,950 (1.5 year program)
1.5 year program (150 points) Associate Project Manager, IBM Australia Business Analyst, Oakton CMB Management Trainee, HSBC China HR Graduate, ANZ Management Consultant, Ernst & Young
Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be admitted into the 1.5 year (150 point) program. »»2 year program: CRICOS 064496G
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Management
Master of Management program outline: The Master of Management degree usually comprises a 200-point program, however you may be eligible to earn your degree with 150 points depending on previous studies.
1.5 year program (150 points)
2 year program (200 points)
2 foundation subjects: »»Business Analysis and Decision Making »»Managing for Value Creation
4 foundation subjects One of: »»Accounting for Decision Making »»Financial Management »»Managerial Economics
4 discipline core and 1 capstone subject »»Management Competencies »»Marketing Management »»People and Change »»Project Management »»Strategic Management (Capstone)
5 elective subjects Three subjects selected from the list below and a maximum of 2 additional electives from the list below or from the list of Master of Management general electives (pages 24-25). »»Consulting Fundamentals »»Foundations of Entrepreneurial Practice »»Leadership and Team Dynamics »»Leading for Strategic Advantage »»Management and Business Communication »»Managerial Psychology »»Managing Innovation and Entrepreneurship »»Managing Organisational Change »»Managing Stakeholders »»Operations and Process Management »»Social Entrepreneurship »»Supply Chain Management »»Sustainable Business Practices
One of: »»Managerial Psychology »»Managing People Both of: »»Business Analysis and Decision Making »»Managing for Value Creation
4 discipline core and 1 capstone subject »»Management Competencies »»Marketing Management »»People and Change »»Project Management »»Strategic Management (Capstone)
7 elective subjects Four management electives selected from the list below and a maximum of 3 additional electives from the list below or from the list of Master of Management general electives (pages 24-25). »»Consulting Fundamentals »»Foundations of Entrepreneurial Practice »»Leadership and Team Dynamics »»Leading for Strategic advantage »»Management and Business Communication »»Managerial Psychology »»Managing Innovation and Entrepreneurship »»Managing Organisational Change »»Managing Stakeholders »»Operations and Process Management »»Social Entrepreneurship »»Supply Chain Management »»Sustainable Business Practices
“I enjoy most how applicable the course content is to real life situations. It’s the right balance of academia and hands-on practicality through case analyses of actual businesses and world events that impact people and companies.” Stephanie Smith studied the Bachelor of Arts and previously worked in management consulting before enrolling in the Master of Management.
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Melbourne Business School
Master of Management (Accounting) The Master of Management (Accounting) provides specialist training in accounting and enables students to develop their knowledge and skills in financial accounting, managerial accounting, auditing, taxation, corporate finance and accounting information systems.
Who is it for?
Program details
Fees (indicative)
The Master of Management (Accounting) is suited to students who have an undergraduate degree in areas outside of business/ commerce who wish to practice accountancy. The program is also suited to business/commerce students who wish to add accounting to their portfolio.
»»Entry in either Semester 1 (February) or Semester 2 (July)
Local student (Aust. full fee)
Professional accreditation This degree is certified by CPA Australia and Chartered Accountants Australia and New Zealand. Successful completion of the Master of Management (Accounting) prepares students to apply for entry to the Chartered Accountants Australia and New Zealand (CA ANZ) or Certified Practising Accountant (CPA Australia) professional studies program.
Career outcomes
»»Parkville campus
Credit for prior studies The Master of Management (Accounting) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from nonbusiness backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years. Entry requirements*: 2 year program (200 points) An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the program. In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application.
Graduates of this program are employed in roles such as:
The minimum English language requirements for this program are Band 6.5.
China Management Trainee, Jardine Matheson
1.5 year program (150 points)
External Auditor, Deloitte & Touche Singapore Financial Analyst, Schweppes Australia Manager, Forensic Services, PwC Taxation Accountant, KPMG Australia
Cost per year $30,560 ($3,820 per 12.5 credit point subject) Indicative cost of degree $62,648 (2 year program) $46,604 (1.5 year program) Local student (CSP) Cost per year $10,440 full-time ($1,305 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP. International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program) $58,950 (1.5 year program)
Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be admitted into the 1.5 year (150 point) program. »»2 year program: CRICOS 064496G
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Management (Accounting)
Master of Management (Accounting) program outline: The Master of Management (Accounting) degree usually comprises a 200-point program, however you may be eligible to earn your degree with 150 points depending on previous studies.
1.5 year program (150 points)
2 year program (200 points)
1 foundation subject* »»Management Competencies OR »»Managing for Value Creation
5 foundation subjects »»Accounting for Decision Making »»Financial Management »»Managerial Economics »»Quantitative Methods for Business
8 accounting core subjects »»Auditing and Assurance Services »»Corporate Reporting »»Financial Accounting »»Information Processes and Control »»Legal Issues for Accountants »»Strategic Cost Management »»Strategic Performance Management »»Taxation for Business Decision Making
1 capstone subject Integrated Accounting Studies
“The Master of Management (Accounting) has complimented my undergraduate engineering degree by giving me greater business acumen, that can often be lacking for technical professionals, and puts me in a better position to rise to a management-focussed position in the engineering field. Richard Cole is currently studying the Master of Management
2 elective subjects Students must select two additional subjects from the list of recommended Master of Management general electives (pages 24-25). * I f either Accounting for Decision Making or Financial Management (or equivalent) has not previously been taken, students must enrol in either/both of these subjects in their first semester of study. These subjects will take the place of general electives.
And one of: »»Management Competencies »»Managerial Psychology »»Managing for Value Creation
8 accounting core subjects »»Auditing and Assurance Services »»Corporate Reporting »»Financial Accounting »»Information Processes and Control »»Legal Issues for Accountants »»Strategic Cost Management »»Strategic Performance Management »»Taxation for Business Decision Making
1 capstone subject Integrated Accounting Studies
2 elective subjects Students must select two additional subjects from the list of recommended Master of Management general electives (see pages 24-25).
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Melbourne Business School
Master of Management (Accounting and Finance) The Master of Management (Accounting and Finance) provides foundation and advanced studies in the disciplines of accounting and finance. Advanced levels of knowledge and skill in the two disciplines of accounting and finance are developed through a combination of core and elective subjects.
Through the appropriate selection of subjects students are able to meet the professional requirements of CPA Australia and Chartered Accountants Australia and New Zealand. The program also provides advanced competencies, professional skills and knowledge in the finance discipline that will prepare graduates for entry into the finance profession.
Professional accreditation
Who is it for?
»»Auditing and Assurance Services
The Master of Management (Accounting and Finance) is suited to business/commerce students who wish to add accounting and finance to their portfolio.
Students wishing to apply for entry to the Chartered Accountants Australia and New Zealand (CA ANZ) or Certified Practising Accountant (CPA Australia) professional studies program must complete the following subjects as part of the Master of Management (Accounting and Finance): »»Corporate Reporting
»»Taxation for Business Decision Making
Local student (CSP)
»»Parkville campus
External Auditor
An undergraduate degree in business/ commerce or equivalent, including introductory studies in subjects related to Accounting and Finance; or an undergraduate degree with business breadth or minor as determined by the program director; and a statement of intent.
Financial Analyst
Meeting these requirements does not guarantee selection.
Management Consultant
Local student (Aust. full fee)
Indicative cost of degree $62,648 (2 year program)
Entry requirements*:
Investment Banker
Fees (indicative)
»»Strategic Cost Management
»»Legal Issues for Accountants
»»Entry in either Semester 1 (February) or Semester 2 (July)
Company Financial Accountant
»»CRICOS 085103A
»»Information Processes and Control
Program details
Graduates of this program are likely to be employed in roles such as:
The minimum English language requirements for this program are Band 6.5.
Cost per year $30,560 ($3,820 per 12.5 credit point subject)
»»Financial Accounting
»»Strategic Performance Management
Career outcomes
The Selection Committee may seek further information to clarify any aspect of an application.
In assessing applications, the Selection Committee will consider: prior academic performance; and the applicant’s statement of intent.
Cost per year $10,440 full-time ($1,305 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP. International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program)
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Management (Accounting and Finance)
Master of Management (Accounting and Finance) program outline:
Discipline core subjects Students must complete all three of the following finance subjects: »»Corporate Financial Policy »»Derivative Securities »»Investment Management Students must complete all three of the following accounting subjects (upon meeting prerequisite requirements): »»Auditing and Assurance Services »»Financial Accounting »»Strategic Performance Management
Students must select at least three Accounting electives from the subjects required for professional accreditation or the following list: »»Accounting Information and Security Valuation »»Advanced Auditing and Assurance Services »»Business Risk Management »»Corporate Reporting
»»Financial Statement Analysis »»Forensic Business Processes
»»Information Processes and Control Capstone subject Students must complete one of the following subjects in their final semester of study: »»Capstone Studies in Finance ++ »»Integrated Accounting Studies +
»»Issues in Corporate Reporting
Charles Edwards
»»Managing Information Technology
Graduate Civil Engineer, Leighton Contractors
»»Legal Issues for Accountants »»Strategic Cost Management
»»Strategic Management Accounting »»Sustainability Accounting
»»Taxation for Business Decision Making Elective subjects: Students must select at least three Finance subjects from the following list: »»Ethics in Finance »»Financial Spreadsheeting »»Fundamentals of Portfolio Management »»International Financial Management »»Project Finance »»Property, Investment & Development (new line) Finance »»Public Sector Financial Management »»Treasury Management
Students can select up to three subjects chosen from the list of recommended Master of Management general electives.
Master of Management (Finance)
Please note: + Students undertaking the Accounting capstone Integrated Accounting Studies must complete the pre-requisite subjects Strategic Cost Management and Corporate Reporting or equivalent. ++ Students undertaking the Finance capstone Capstone Studies in Finance must complete the pre-requisite subject Derivative Securities.
Bachelor of Engineering (Civil)
17
Melbourne Business School
Master of Management (Finance) The Master of Management (Finance) provides graduates with advanced competencies, professional skills and knowledge in the finance discipline which will prepare them for entry into the finance profession.
Who is it for?
Credit for prior studies
Fees (indicative)
This degree is ideal for students holding an undergraduate degree in an area outside of business/ commerce whose goal may be to assume a managerial position in the field of finance. The degree is also suited to business/commerce students who wish to add finance to their portfolio.
The Master of Management (Finance) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.
Local student (Aust. full fee)
Program details »»Entry in either Semester 1 (February) or Semester 2 (July) »»Parkville campus
Career outcomes Graduates of this program are employed in roles such as:
Analyst, UBS Hong Kong Investment Banking Division Banking Associate, Standard Chartered Bank Financial Dealer, Shanghai Stock Exchange Financial Investment Manager, Abacus Seychelles Ltd Graduate Finance Officer, Queensland State Government Investment Banker, Deutsche Bank Hong Kong
Entry requirements*: 2 year program An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the course. In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5. 1.5 year program (150 points) Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be admitted into the 1.5 year (150 point) program.
Cost per year $29,376 ($3,672 per 12.5 credit point subject) Indicative cost of degree $62,648 (2 year program) $46,604 (1.5 year program) Local student (CSP) Cost per year $10,226 full-time ($1,283 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs Based on 2015 Student Contribution Amounts. See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP. International student Cost per year $36,448 AUD full-time ($4,556 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program) $58,950 (1.5 year program)
»»2 year program: CRICOS 064496G These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Management (Finance)
Master of Management (Finance) program outline:
1.5 year program (150 points)
2 year program (200 points)
1 foundation subject* Management Competencies OR Managing for Value Creation
5 foundation subjects »»Accounting for Decision Making »»Financial Management »»Quantitative Methods for Business
3 finance core subjects »»Corporate Financial Policy »»Derivative Securities »»Investment Management
1 capstone subject Capstone Studies in Finance
7 elective subjects Students must select a minimum of 4 finance electives from the list below and a maximum of 3 additional electives from the list below or from the list of Master of Management general electives (see pages 24-25 for details). »»Ethics in Finance »»Financial Spreadsheeting »»Fundamentals of Portfolio Management »»International Financial Management »»Project Finance »»Property, Investment & Development (new line) Finance »»Public Sector Financial Management »»Treasury Management * If either Accounting for Decision Making or Financial Management (or equivalent) has not previously been taken, students must enrol in either/both of these subjects in their first semester of study. These subjects will take the place of general electives.
Plus two of: »»Managerial Economics »»Managerial Psychology »»Managing for Value Creation »»Managing People
3 finance core subjects »»Corporate Financial Policy »»Derivative Securities »»Investment Management
1 capstone subject Capstone Studies in Finance
7 elective subjects Students must select a minimum of 3 finance electives from the list below and a maximum of 4 additional electives selected from the list below or from the list of Master of Management general electives (see pages 24-25 for details). »»Ethics in Finance »»Financial Spreadsheeting »»Fundamentals of Portfolio Management »»International Financial Management »»Project Finance »»Property, Investment & Development (new line) Finance »»Public Sector Financial Management »»Treasury Management
“This program has provided a strong framework drawing my previous experience into a coherent narrative and for pursuing a focused career path. I have been lucky enough to gain a fantastic offer in banking after graduation as a direct result of undertaking this degree.” Jophiel Bushnell completed the Bachelor of Environments before undertaking the Master of Management (Finance)
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Melbourne Business School
Master of Management (Human Resources) The Master of Management (Human Resources) covers the broad spectrum of management activities needed to become a successful manager and leader, including: managing people; developing and implementing a strategic approach to managing an organisation’s human resources; motivating and rewarding employees; dealing with stakeholders; analysing data and developing HR policy and practice responses.
Who is it for?
Program details
Fees (indicative)
This program is ideal for students holding an undergraduate degree outside of business/commerce whose goal may be to assume a managerial position in human resources. The program is also suited to business/commerce students who wish to add human resource management to their portfolio.
»»Entry in either Semester 1 (February) or Semester 2 (July)
Local student (Aust. full fee)
Professional recognition The Master of Management (Human Resources) is currently an Australian Human Resource Institute (AHRI) Accredited Program. Master of Management (Human Resources) students will be eligible for AHRI Member status provided that they successfully complete the full program and five compulsory subjects outlined on page 21.
»»Parkville campus
Credit for prior studies The Master of Management (Human Resources) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years. Entry requirements*:
Graduates of this program are employed in roles such as:
Consultant-Human Resource & Consumer Research, Flagship Advertising Pvt. Ltd. HR Coordinator, Australian Institute of International Affairs HR Coordinator, Think Education Group Human Resources Administrator, ExxonMobil Limited
Indicative cost of degree $62,648 (2 year program) $46,604 (1.5 year program) Local student (CSP) Cost per year $10,226 full-time ($1,283 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP.
2 year program (150 points) An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the program. In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent.
Career outcomes
Cost per year $29,376 ($3,672 per 12.5 credit point subject)
International student Cost per year $36,448 AUD full-time ($4,556 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program) $58,950 (1.5 year program)
The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5. 1.5 year program (150 points) Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be admitted into the 1.5 year (150 point) program. »»2 year program: CRICOS 064496G
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Management (Human Resources)
Master of Management (Human Resources) program outline: The Master of Management (Human Resources) degree usually comprises a 200-point program, however you may be eligible to earn your degree with 150 points depending on previous studies.
1.5 year program (150 points)
2 year program (200 points)
2 foundation subjects »»Business Analysis and Decision Making* »»Managing for Value Creation*
3 foundation subjects One of: »»Accounting for Decision Making »»Financial Management »»Managerial Economics
2 HR core subjects »»Management Competencies* »»Managing People*
1 capstone subject Strategic Human Resources*
7 elective subjects Students must select a minimum of 5 HR electives from the list below and a maximum of 2 additional electives from the list below or from the list of Master of Management general electives (see pages 24-25 for details). »»Conflict and Negotiation »»HR Consulting »»International Human Resources »»Leadership and Team Dynamics »»Managerial Psychology »»Managing Diversity »»Managing Stakeholders »»People and Capability »»People and Change »»Performance Management & Reward Systems »»Policies and Issues in HRM & ER
Both of: »»Business Analysis and Decision Making* »»Managing for Value Creation*
2 HR core subjects »»Management Competencies* »»Managing People*
1 capstone subject Strategic Human Resources*
10 elective subjects Students must select a minimum of 5 HR electives from the list below and a maximum of 5 additional electives from the list below or from the list of Master of Management general electives (see pages 24-25 for details). »»Conflict and Negotiation »»HR Consulting »»International Human Resources »»Leadership and Team Dynamics »»Managerial Psychology »»Managing Diversity »»Managing Stakeholders »»People and Capability »»People and Change »»Performance Management & Reward Systems »»Policies and Issues in HRM & ER * subjects which must be taken to meet AHRI accreditation requirements
Stephanie Sudano Product Analyst, PageUp People (Melbourne)
Master of Management (Human Resources)
Member of Member of Young Entrepreneurs Society
Participated in the Global Business Practicum
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Melbourne Business School
Master of Management (Marketing) The Master of Management (Marketing) provides graduates with the skills and knowledge needed to facilitate the exchange of value between organisations and their clients. Graduates will be skilled in market research, brand management, service provision, promotion, placement and pricing.
The program focuses on the means by which organisations attract and retain customers, and covers many aspects of marketing, including marketing strategy, customer behaviour, relationship marketing, branding and international marketing.
Who is it for? This program is ideal for students holding undergraduate degrees in areas outside of business/commerce whose goal may be to assume a managerial position in the marketing and communications field. The program is also suited to business/ commerce students who wish to add marketing to their portfolio.
Program details »»Entry in either Semester 1 (February) or Semester 2 (July) »»Parkville campus
Career outcomes Graduates of this program are employed in roles such as:
Marketing Analyst, Coles Group Marketing Manager, Stockland Policy and Planning Manager, Committee for Melbourne Product Manager, Palgrave Macmillan Project Manager, Colmar Brunton Social Research
Credit for prior studies
Fees (indicative)
The Master of Management (Marketing) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.
Local student (Aust. full fee)
Entry requirements*: 2 year program (200 points) An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the program. In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5.
Cost per year $30,560 ($3,820 per 12.5 credit point subject) Indicative cost of degree $62,648 (2 year program) $46,604 (1.5 year program) Local student (CSP) Cost per year $10,440 full-time ($1,305 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP. International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program) $58,950 (1.5 year program)
1.5 year program (150 points) Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be admitted into the 1.5 year (150 point) program. »»2 year program: CRICOS 064496G These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Management (Marketing)
Master of Management (Marketing) program outline:
1.5 year program (150 points)
2 year program (200 points)
2 foundation subjects »»Business Analysis and Decision Making »»Managing for Value Creation
4 foundation subjects One of: »»Accounting for Decision Making »»Financial Management »»Managerial Economics
4 marketing core subjects »»Consumer Behaviour »»Management Competencies »»Marketing Management »»Marketing Research
One of: »»Managerial Psychology »»Managing People
1 capstone subject Marketing Strategy
5 elective subjects Students must select a minimum of 4 marketing electives from the list below and a maximum of 1 additional elective from the list below or from the list of Master of Management general electives (see pages 24-25 for details). »»Advertising »»Brand Management »»Customer Service Excellence »»International Marketing Management »»Internet Marketing »»Marketing Channels »»Marketing Metrics »»Neuromarketing »»Product Management »»Public Relations Management »»Retail Management »»Sustainable Business Practices
Both of: »»Business Analysis and Decision Making »»Managing for Value Creation 4 discipline core subjects »»Consumer Behaviour »»Management Competencies »»Marketing Management »»Marketing Research 1 capstone subject Marketing Strategy 7 elective subjects Students must select a minimum of 4 marketing electives from the list below and a maximum of 3 additional electives from the list below or from the list of Master of Management general electives (see pages 24-25 for details). »»Advertising »»Brand Management »»Customer Service Excellence »»International Marketing Management »»Internet Marketing »»Marketing Channels »»Marketing Metrics »»Neuromarketing »»Product Management »»Public Relations Management »»Retail Management »»Sustainable Business Practices
“I chose this degree because it’s flexible prerequisites allowed people like me, who have not studied business previously, to obtain a business degree.” Michelle Ho studied the Bachelor of Environments before enrolling in the Master of Management (Marketing).
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Melbourne Business School
Master of Management elective subjects
Choose from over 85 electives* to tailor your Master of Management towards your career goals.
Accounting
Economics
»»Accounting for Decision Making »»Auditing and Assurance Services »»Corporate Reporting »»Financial Accounting »»Financial Statement Analysis »»Information Processes and Control »»Integrated Accounting Studies »»Legal Issues for Accountants »»Strategic Cost Management »»Strategic Performance Management »»Sustainability Accounting »»Taxation for Business Decision Making
»»Advanced Policy Analysis »»Cooperation and Conflict in World Trade »»Environmental Economics and Strategy »»Macroeconomics 2 »»Macroeconomics for Managers »»Managerial Economics »»Microeconomics 2 »»Quantitative Methods for Business
Business Information Systems »»Managing Information Technology
Finance »»Capstone Studies in Finance »»Corporate Financial Policy »»Derivative Securities »»Ethics in Finance »»Financial Management »»Financial Spreadsheeting »»Fundamentals of Portfolio Management
»»International Financial Management »»Investment Management »»Project Finance »»Property, Investment & Development Finance »»Public Sector Financial Management »»Treasury Management
Human Resources »»HR Consulting »»International Human Resources »»Leadership and Team Dynamics »»Managerial Psychology »»Managing Diversity »»People and Capability »»Performance Management and Reward Systems »»Policies and Issues in HRM and ER
Master of Management Elective Subjects
For subject descriptions please refer to the Online Handbook: handbook.unimelb.edu.au *T his list is indicative only. Elective subjects change periodically so for the most up-to-date list of electives on offer at the time of your enrolment please refer to the MBS website.
International Business »»Asian Business and Management »»Cross Cultural Management and Teamwork »»Global Business Practicum »»Managing the Multinational
Management »»Business Analysis and Decision Making »»Conflict and Negotiation »»Consulting Fundamentals »»Global Corporate Governance »»Leading for Strategic Advantage »»Management and Business Communication
»»Management Competencies »»Managing Innovation and Entrepreneurship »»Managing Organisational Change »»Managing People »»Managing Stakeholders »»Managing for Value Creation »»Melbourne Business Practicum »»Operations and Process Management »»People and Change »»Project Management »»Social Entrepreneurship »»Strategic Human Resources »»Strategic Management »»Supply Chain Management »»Sustainable Business Practices
Marketing »»Advertising »»Brand Management »»Consumer Behaviour »»Customer Service Excellence »»International Marketing Management »»Internet Marketing »»Marketing for Entrepreneurs »»Marketing Management »»Marketing Strategy »»Marketing Research »»Product Management »»Public Relations Management »»Retail Management
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Melbourne Business School
Master of International Business
Undergraduate background
MBS graduate program
Graduate role
Bachelor of Arts
Master of International Business
Portfolio Analyst at GE Money
(2 year program)
Master of International Business
A qualification that can take you anywhere in the world
Macau
New Zealand
New York
Mauritius Tanzania
The Master of International Business helps you develop wide-ranging skills that will enhance your effectiveness as a manager working in international business.
The program provides a solid grounding in the foundations of management and strategic thinking, relative to international and global market operations. It also provides an understanding of how operating across borders
impacts different functional areas. This program develops awareness of policies governing the world trade and investment system, and emphasises the Asia-Pacific region.
Partner at a New York investment bank
or Future possibilities
General Manager of a multinational corporation
or Marketing Manager for a global NGO
27
Melbourne Business School
Master of International Business
Who is it for?
Credit for prior studies
Fees (indicative)
This program is for graduates who wish to establish a management career in international business, and who aim to develop an awareness of the policies governing the world trade and investment system.
The Master of International Business is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business/commerce or a related discipline, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.
Local student (Aust. full fee)
Program details »»Entry in either Semester 1 (February) or Semester 2 (July) »»Parkville campus
Entry requirements*: 2 year program (200 points)
Career outcomes Graduates of this program are employed in roles such as:
Analyst, Mauritius Ministry of Foreign Affairs
An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the program.
Export Officer, Bostik
1.5 year program (150 points)
Sales and Marketing Manager, CSE-Semaphore Australia Pty Ltd Senior Business Development Manager, Melbourne Convention and Visitors Bureau (MCVB)
See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP. International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program) $58,950 (1.5 year program)
The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5.
Graduate Program, Deloitte Macau
Indicative cost of degree $62,648 (2 year program) $46,604 (1.5 year program)
In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent.
Business Development Coordinator, Veolia Transdev
Finance Manager, Export Processing Zones Authority, Tanzania
Cost per year $30,560 ($3,820 per 12.5 credit point subject)
Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be admitted into the 1.5 year (150 point) program. »»2 year program: CRICOS 080608E These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree.
Master of International Business
29
Master of International Business program outline: The Master of International Business degree usually comprises a 200-point program, however you may be eligible to earn your degree with 150 points depending on previous studies.
1.5 year program structure
2 year program structure
The Master of International Business comprises 1 foundation subject, 6 core subjects, 2 capstone subjects and 3 elective subjects taken over three semesters full-time or six semesters part-time.
The Master of International Business comprises 3 foundation subjects, 8 core subjects, 2 capstone subjects and 3 elective subjects over four semesters full-time or eight semesters part-time.
1 foundation subject: One of: »»Management Competencies »»Business Analysis and Decision Making
“Studying the Master of International Business has proven to be a fantastic amalgamation of academic theory, practical experiences and networking opportunities. I feel this course has given me a truly holistic foundation on which to build my career.” Lennard Iosif completed his Bachelor of Science at Melbourne, works as the CEO of the Asia Pacific Youth Organisation and currently studies the Master of International Business.
For the full list of electives please visit the handbook entry for this program handbook.unimelb.edu.au/ view/current/mc-ib
6 core subjects: »»Cooperation and Conflict in World Trade »»Cross Cultural Management and Teamwork »»Managing the Multinational Three of: »»Asian Business and Management »»Global Corporate Governance »»International Human Resources »»International Marketing Management 2 capstone subjects: »»Global Corporate Strategy »»Strategic Management 3 elective subjects: 3 elective subjects from the graduate offerings within the Faculty of Business and Economics or from a select range of Master of International Relations subjects.
3 foundation subjects: Business Analysis and Decision Making One of: »»Accounting for Decision Making »»Financial Management »»Managerial Economics One of: »»Managerial Psychology »»Managing for Value Creation »»Managing People
8 core subjects: »»Asian Business and Management »»Cooperation and Conflict in World Trade »»Cross Cultural Management and Teamwork »»Global Corporate Governance »»International Human Resources »»International Marketing Management »»Management Competencies »»Managing the Multinational
2 capstone subjects: »»Global Corporate Strategy »»Strategic Management
3 elective subjects: 3 elective subjects from the graduate offerings within the Faculty of Business and Economics or from a select range of Master of International Relations subjects.
Melbourne Business School
Specialist masters and diplomas Specialist discipline areas: Actuarial Studies Business Analytics
Bachelor degree
Economics Finance Management Marketing Supply Chain Management
Specialist Masters and Diplomas
Our specialist programs offer students with a business related bachelor degree the opportunity to develop specialised knowledge in their chosen discipline. These programs will equip you with the analytical and conceptual skills for an engaged and rewarding career – positioning you for success in the ever-changing global economy.
Potential graduate roles: Sectors:
Business Analyst
Marketing Manager
Business
Commodities Trader
Methods Analyst
Public
Economist
Policy Manager
Not-for-profit
Financial Dealer
Private Equity Analyst
HR Manager
Resourcing Advisor
Investment Analyst
Strategic Consultant
Management Consultant
31
Melbourne Business School
Master of Actuarial Science The Master of Actuarial Science provides non-actuarial graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering) with the skills required for immediate transition into the workplace as a trainee actuary.
Program structure The Master of Actuarial Science consists of 16 subjects comprised of 6 compulsory core subjects, 2 capstone subjects and 8 elective subjects.
Master of Actuarial Science sample program outline: Year 1
Year 2
Mathematics
Life Insurance
of Finance I
Models I
Mathematics
Insurance Risk
of Finance III
Models
Elective 1
Elective 2
Elective 5
Elective 6
Mathematics
Life Insurance
of Finance II
Models II
Life Contingencies
Elective 3
Elective 4
Elective 7
Elective 8
Statistical Techniques in Insurance
Professional accreditation
Entry requirements*:
Fees (indicative)
Graduates of the Master of Actuarial Science who have performed at a sufficiently high level will be eligible for exemption from all of the subjects comprising Part I of the professional requirements of the Actuaries Institute.
An undergraduate or postgraduate degree with the equivalent of a major in mathematically based subjects; the Graduate Records Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and a statement of intent outlining why they wish to be considered for the program.
Local student (Aust. full fee)
Program details 2 years full-time or 4 years part-time »»Entry in Semester 1 (February) only »»Parkville campus
Career outcomes Graduates of this program are employed in roles such as:
Actuary, Territory Insurance Office
Actuary, Towers Watson Australia Analyst – Strategic Change, National Australia Bank Graduate Consultant, Bain & Company
Meeting these requirements does not guarantee selection. In ranking applications, the Selection Committee will consider: prior academic performance; and the GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and the statement of intent.
Cost per year $30,560 ($3,820 per 12.5 credit point subject) Indicative cost of degree $62,648 (2 year program) International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program)
The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5. »»CRICOS: 070383M
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Actuarial Science
Leroy D’Souza Master of Actuarial Science
Graduate Diploma in Actuarial Science Consulting Analyst, Deloitte New Zealand The Graduate Diploma in Actuarial Science provides graduates who have a bachelor’s degree including a strong mathematical component with a one-year degree that provides a pathway to a professional actuarial career. The entry requirements and application details for the Graduate Diploma in Actuarial Science are the same as those for the Master of Actuarial Science. CRICOS: 081745K
Bachelor of Engineering, The University of Auckland
33
Melbourne Business School
Master of Commerce (Actuarial Science) The Master of Commerce (Actuarial Science) provides advanced training in actuarial theory and practice. With a broad grounding in quantitative techniques in insurance and financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. Students who complete an optional research component will be eligible to progress to the PhD program in actuarial studies.
Program structure Master of Commerce (Actuarial Science) sample program outline:
Year 1
Mathematics of Finance III
Insurance Risk Models
Actuarial Practice and Control I
Actuarial Practice and Control II
Mathematics of Finance IV
Insurance Risk Models II
Elective 1
Elective 2
Students interested in progressing to the PhD program will need to complete the Actuarial Science Research Report over two consecutive semesters.
Program structure The Master of Commerce (Actuarial Science) is comprised of 75 points of core actuarial subjects and 25 points of elective subjects, designed to be taken over 1 years full-time or 2 years part-time.
Who it is for? The Master of Commerce (Actuarial Science) is designed to provide business/commerce graduates who already have an actuarial major with further advanced studies in actuarial science.
Professional accreditation Graduates of the degree who have performed at a sufficiently high level will have gained the knowledge to complete the associateship of the Actuaries Institute and may gain exemptions from almost all of its requirements.
Program details Master of Commerce (Actuarial Science) »»1 year full-time or 2 years part-time
»»Entry in Semester 1 (February) only »»Parkville campus
Entry requirements*: »»an undergraduate or postgraduate degree in actuarial science or similar with at least an H2A (75%) average »»the Graduate Records Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption; and »»a statement of intent outlining why they wish to be considered for the program Meeting these requirements does not guarantee selection. In ranking applications, the Selection Committee will consider: »»prior academic performance; and the GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption; and
Fees (indicative) Local student (Aust. full fee) Cost per year $30,560 ($3,820 per 12.5 credit point subject) Local student (CSP) Cost per year $10,440 full-time ($1,305 per 12.5 credit point subject) See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP. International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject)
»»the statement of intent The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5. »»CRICOS: 080607F
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Commerce (Actuarial Science)
Can Jin Currently studying PhD, Actuarial Science
Tutor, Actuarial Science at the University of Melbourne
Bachelor of Commerce (Honours), Actuarial Science
35
Melbourne Business School
Master of Economics The Master of Economics is a two year degree in advanced studies in economics and econometrics. Graduates are trained to critically evaluate the literature and gain experience in undertaking independent research. The program is ideal for those who wish to acquire the skills needed to practice as a professional economist in the public or private sectors. The program also provides a foundation to undertake further study at the PhD level.
Program structure The Master of Economics consists of 4 core economics subjects, 2 quantitative subjects, 8 elective subjects and the (double subject) Economics Research Report.
Master of Economics sample program outline**: Year 1
Advanced Microeconomics
Advanced Macroeconomics
Econometric Techniques
Elective 1
Elective 2
Elective 3
Elective 4
Elective 5
Year 2
Microeconomics
Macroeconomics
Advanced Econometric Techniques
Economics Research Report
Elective 6
Elective 7
Elective 8
Economics Research Report
Who it is for? The Master of Economics is designed for students with prior training in economics or with a strong analytical/ mathematical background, who wish to acquire the advanced skills needed to practice as a professional economist in the public or private sectors. The program is also an appropriate foundation for further PhD study.
Program details »»Master of Economics: 2 years full-time or 4 years part-time »»Graduate Diploma in Economics: 1 year full-time or 2 years part-time »»Entry in Semester 1 (February) only »»Parkville campus
Entry requirements*: »»an undergraduate or postgraduate degree with a strong analytical or mathematical component and with at least an H2A (75%) weighted average**; »»a statement of intent outlining why they wish to be considered or the program; and
»»the Graduate Record Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption. Meeting these requirements does not guarantee selection. Applicants with an honours degree in economics, or a relevant postgraduate degree, with a weighted average mark of at least H2A (75%), who have completed subjects which satisfy the prerequisites for both the core and quantitative second year subjects in the Master of Economics may be awarded up to 100 points of credit. In ranking applications, the Selection Committee will consider: prior academic performance; the GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5. »»CRICOS: 065396D
Fees (indicative) Local student (Aust. full fee) Cost per year $30,560 ($3,820 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program)
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information. ** e vidence of successful completion of a subject(s) in Economic Theory and/or Econometrics at a 3rd-year level may also be required. Local students who have a strong mathematical background without economics may be eligible for an enabling program.
Master of Economics
Marie Adrienne Gillardeau Graduate Diploma in Economics
Economist, BAEconomics
Offers flexibility to students seeking a shorter graduate qualification in economics.
Postgraduate Diploma, Economics
Career outcomes Graduates of this program are employed in roles such as:
Economist, Productivity Commission
Economist, Reserve Bank of Australia Economist, Victorian Department of Treasury and Finance Network Strategy Consultant, Ericsson Research Fellow, Australian National University
Graduates should acquire and be able to apply the skills of a professional Economist at an Honours level. The Graduate Diploma is eight subjects in duration, and will normally be completed in one year full-time or two years part-time. The entry requirements or the Graduate Diploma are the same as those for the Master of Economics.
Bachelor of Commerce CRICOS: 083552C
Senior Commercial Analyst, Telstra
Master of International Business
37
Melbourne Business School
Master of Finance The Master of Finance provides an understanding of financial management principles and their application to corporate financial policy. Graduates of the degree will have an understanding of Australian and international financial markets; knowledge of derivative assets and the operation of the markets in these assets; as well as specialised aspects of the finance industry and the appropriate skills for analysing and interpreting developments in financial practice.
Program structure The Master of Finance consists of 10 core subjects and 75 points worth of elective subjects. Master of Finance sample program outline**:
Year 1
Quantitative Analysis of Finance 1
Derivative Securities
Financial Markets and Instruments
International Financial Management
Accounting for Decision Making
Economics of Finance
Elective 1
Elective 2
Year 2
Quantitative Analysis of Finance 2
Mergers and Value Enhancing Strategies
Case Studies in Finance (capstone subject)
Elective 3
Strategic Management (capstone subject)
Elective 4
Elective 5
Elective 6
Who it is for? This program is open to those interested in working in the finance industry who have studied some finance in their undergraduate degree.
Program details
the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption. Meeting these requirements does not guarantee selection.
»»an undergraduate degree in a relevant discipline, or equivalent, with studies in Business Finance, Investments and Corporate Finance (37.5 points), or their equivalents;
In ranking applications, the Selection Committee will consider: prior academic performance; and the GMAT or GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application.
»»a statement of intent outlining why they wish to be considered for the program; and
The minimum English language requirements for this program are Band 6.5.
»»2 years full-time or 4 years part-time »»Entry in either Semester 1 (February) or Semester 2 (July) »»Parkville campus Entry requirements*:
»»the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless
Fees (indicative) Local student (Aust. full fee) Cost per year $30,560 ($3,820 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $79,245 (2 year program)
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
»»CRICOS: 065397C
** p lease note that if Investment Management and Corporate Finance Policy or equivalent subjects have not previously been taken, these must be taken as electives, preferably in the first semester of study.
Master of Finance
Graduate Diploma in Finance
The Graduate Diploma in Finance comprises the first year of the Master of Finance. It offers flexibility to students seeking a shorter graduate qualification in finance. The Graduate Diploma in Finance is eight subjects in duration, and will normally be completed in one year of full-time study or two years part-time. Entry requirements are the same as those for the Master of Finance.
Jacqueline Wong
CRICOS: 083553B
Assistant Manager, Transaction Banking at ANZ
Career outcomes
CFA Program Partnership
Graduates of this program are employed in roles such as:
Analyst – Oil & Gas Sector, RBS Morgans
The University of Melbourne is a program partner of the CFA institute, the global association for investment professionals that awards the prestigious CFA designation. The partnership means that the Master of Finance covers 70% of all three levels of the CFA program candidate body of knowledge (CBOK) topics, the CFA institute ethical and professional standards, and other CFA program partner requirements.
Institutional Banking Management Trainee, ANZ
Commodities Trader, Bank for Investment and Development of Vietnam Executive Analyst, Colliers International
Master of Finance
Graduate, JP Morgan Chase Graduate, Standard Chartered Bank (China) Structured Notes Analyst, ANZ
Bachelor of Commerce
39
Melbourne Business School
Master of Commerce (Management) The Master of Commerce (Management) is an advanced management degree that equips business/commerce graduates with the ability to apply an evidence based approach for sound and defensible decision making. Graduates with the ambition to test their limits will find this an attractive and challenging program that develops research, analysis and critical thinking skills.
Who it is for? The consulting pathway is designed for students with a degree in business/commerce attracted to solving practical management problems and interested in a career such as consulting, market research or strategy. The research pathway is designed for students with a passion for solving managerial or organisational problems and who are interested in progressing into the PhD program.
Program details »»1.5 years full-time or 3 years part-time »»Entry in Semester 1 (February) only »»Parkville campus
Entry requirements*: »»an undergraduate or postgraduate degree with a major in management, marketing or a related discipline with at least an H2B (70%) weighted average, or equivalent; »»a statement of intent outlining why they wish to be considered for the course; and »»the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption. In ranking applications, the Selection Committee will consider: »»prior academic performance; and
»»the GMAT or GRE score unless the applicant has completed an undergraduate degree in Australia
or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and
Career outcomes
»»the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application.
Graduates of this program are employed in roles such as:
The minimum English language requirements for this program are Band 6.5.
Associate Consultant, Capgemini Consulting Graduate program, Accenture
»»CRICOS: 075103F
Fees (indicative)
Head of Finance, Step Back Think Inc
Local student (Aust. full fee) Cost per year $29,376 ($3,672 per 12.5 credit point subject) Indicative cost of degree $46,604 (18 month course) Local student (CSP) Cost per year $10,226 full-time ($1,283 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP.
“Studying the Master of Commerce has been a rewarding experience. I get to learn and work with the best, participate in activities beyond the academic curriculum and apply my learnings in practice through consulting practicums that are of strategic importance to the sponsoring firms.” Amy Cao completed the Bachelor of Commerce (major in Management) before enrolling in the Master of Commerce (Management)
International student Cost per year $36,448 AUD full-time ($4,556 per 12.5 credit point subject) Indicative cost of degree $58,950 (18 month course)
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Commerce (Management)
Program structure Students can select to follow one of two pathways – either research or consulting – which share a common first semester.
Master of Commerce (Management) sample program outline:
Year 1
Semester 1
Organisation Research Decisions & Design
Foundations in Qualitative Methods
Consulting pathway »» Consulting Fundamentals »» Advanced Masters level Management subject Year 1
Semester 2
»» Elective 1 »» Elective 2
Year 2
Semester 1
Foundations in Quantitative Methods
OR
Advanced Masters level Management subject
Research pathway »» Advanced Research Methods Subject »» Research Report »» Advanced Masters-level Management subject »» Elective 1
»» Consulting Practice
»» Research Report
»» Consulting Project
»» Elective 2
»» Elective 3
»» Elective 3
»» Elective 4
»» Elective 4
Students must complete the research report or equivalent to be eligible to apply for entry into the PhD program. Students who have previously completed a research project/ component that accounts for at least 25% of the Honours component of a four-year degree or equivalent will be exempt from undertaking the Research Report.
41
Melbourne Business School
Master of Commerce (Marketing) The Master of Commerce (Marketing) is an advanced management degree that equips business/commerce graduates with the ability to apply an evidence based approach for sound and defensible decision making regarding markets, customers or product offerings. Graduates with the ambition to test their limits will find this an attractive and challenging program that develops research, analysis and critical thinking skills.
Who it is for? The consulting pathway is designed for students with a degree in business/commerce attracted to solving practical management problems and interested in a career such as consulting, market research or strategy. The research pathway is designed for students with a passion for solving academic and theoretical problems and who are interested in progressing into the PhD program.
Program details »»1.5 years full-time or 3 years part-time »»Entry in Semester 1 (February) only »»Parkville campus
Entry requirements*: »»an undergraduate or postgraduate degree with a major in management, marketing or a related discipline with at least an H2B (70%) weighted average, or equivalent; »»a statement of intent outlining why they wish to be considered for the program; and »»the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption. In ranking applications, the Selection Committee will consider: »»prior academic performance; and
»»the GMAT or GRE score unless the applicant has completed an undergraduate degree in Australia
or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and »»the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5. »»CRICOS: 075103F
Fees (indicative) Local student (Aust. full fee) Cost per year $30,560 ($3,820 per 12.5 credit point subject)
“Studying the Global Business Practicum was one of the highlights of my degree. I had the opportunity to work extensively with senior management at a multinational firm, and the degree of work engagement was rewarding. I believe this experience will definitely make the transition from being a student to being a full-time professional easier.” Johnny Wen completed his Bachelor of Commerce (Marketing & Finance) in New Zealand before moving to Melbourne to study the Master of Commerce (Marketing)
Indicative cost of degree $46,604 (1.5 year program) Local student (CSP) Cost per year $10,440 full-time ($1,305 per 12.5 credit point subject) Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs Based on 2015 Student Contribution Amounts. See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP. International student Cost per year $38,656 full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $58,950
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Commerce (Marketing)
Program structure Students can select to follow one of two pathways – either research or consulting – which share a common first semester.
Master of Commerce (Marketing) sample program outline:
Year 1
Semester 1
Organisation Research Decisions & Design
Foundations in Qualitative Methods
Consulting pathway »» Consulting Fundamentals »» Advanced Masters level Marketing subject Year 1
Semester 2
»» Elective 1 »» Elective 2
Year 2
Semester 1
Foundations in Quantitative Methods
OR
Advanced Masters-level Marketing subject
Research pathway »» Advanced Research Methods Subject »» Research Report »» Advanced Masters-level Marketing subject »» Elective 1
»» Consulting Practice
»» Research Report
»» Consulting Project
»» Elective 2
»» Elective 3
»» Elective 3
»» Elective 4
»» Elective 4
Students must complete the research report or equivalent to be eligible to apply for entry into the PhD program. Students who have previously completed a research project/ component that accounts for at least 25% of the Honours component of a four-year degree or equivalent will be exempt from undertaking the Research Report.
43
Melbourne Business School
Master of Supply Chain Management This innovative, intensively delivered program draws on industry expertise, emphasising a strategic approach to supply chain management. Focusing on global best practice, the program applies theory to “real life” case studies. Participants conduct applied field studies in each subject, creating immediate value to themselves and their organisation.
Who it is for? The program is designed for current and future managers and leaders working in supply chain management or related functions from sectors including: »»Automotive/Manufacturing »»Mining/Resources »»Retail/Wholesale
»»Transport/Logistics »»Government
Small class sizes facilitate the development of valuable relationships with fellow students from a wide variety of industries.
Professional accreditation This program is a Chartered Institute of Procurement and Supply (CIPS) accredited degree. Graduates of the program with three years of relevant work experience are eligible to upgrade to full MCIPS membership.
Three electives can be chosen from Faculty of Business and Economics graduate subject offerings or from the following Master of Enterprise subjects: »»Behaviour and Leadership in Organisations »»Managerial Economics
»»Marketing for Managers
»»Financial and Performance Management Entry requirements*: »»an undergraduate degree in a relevant discipline »»a minimum of three years of documented full-time, relevant, professional work experience; and
Career outcomes Graduates of this program are employed in roles such as:
National Logistics and Inventory Manager, Random House Australia Business Manager, Toll Logistics Planning and Operations Manager, Adidas Group Procurement Executive, Commonwealth Bank of Australia
»»the applicant’s submitted statement of intent in seeking entry »»CRICOS: 080339K
Fees (indicative)
Marissa Brown Market Sector Lead, BP, Retail Capital Expenditure
Local student (Aust. full fee) Cost per year $30,560 ($3,820 per 12.5 credit point subject)
Program details
Indicative cost of degree $46,604 (1.5 year program)
»»1.5 years full-time or 3 years part-time
International student
»»Parkville campus All core subjects are taught intensively, with two subjects offered in each week-long block. Participants can enrol in either one or two subjects in each block.
Cost per year $38,656 full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $58,950 (1.5 year program)
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Supply Chain Management
Commercial and Procurement Graduate, BAE Systems Australia
Bachelor of Commerce, Management and Marketing
Master of Supply Chain Management
Program structure The Master of Supply Chain Management consists of 12 subjects comprising 7 core supply chain management subjects, 3 elective subjects and 2 capstone subjects.
Master of Supply Chain Management sample program outline:
Year 1
Supply Chain Analysis
Procurement and Logistics
Emerging Topics in Supply Chain Management
Supply Chain Strategy (capstone)
Year 2
Elective 1
Elective 2
Elective 3
Supply Chain Management Project (capstone)
Operations and General Management
Foundations of Supply Management
E-Business and Supply Chain Information
Decision Analysis and Project Management
45
Melbourne Business School
Master of Enterprise The objective of the Master of Enterprise is to create skilled leaders, executives and general managers who can drive their organisations forward. This innovative, intensively delivered degree provides professionals with advanced knowledge in the core subject areas of enterprise and innovation. Participants conduct applied field studies in each subject, creating immediate value to themselves and their organisation.
Program structure The Master of Enterprise consists of 12 subjects, comprising 7 core enterprise subjects, 2 core innovation subjects, 2 capstone subjects and 1 elective subject.
Master of Enterprise sample program outline:
Year 1
Marketing for Managers
Strategy, Ethics and Governance (capstone)
Production and Operations Management
Quantitative Analysis for Managerial Decisions
Year 2
New Value Creation
Innovation and Entrepreneurship Strategy
Elective
Innovation and Entrepreneurship Project (capstone)
Who it is for? The program is designed for individuals with three or more years of professional experience, currently working in middle to senior management positions across a variety of sectors and
Career outcomes Graduates of this program are employed in roles such as:
Executive, Swisse Wellness Head of School, Enterprise, Leadership & Safety, Airservices Australia Manager Development and Strategic Planning, Melbourne Racing Club Manager, Events, Sponsorship & Membership, BHP Billiton
Leadership and Management
industries. The diverse professional experience of the student group creates unique networking opportunities to foster the establishment of valuable relationships across industries.
Program details »»All core subjects are taught intensively, with two subjects offered in each week-long block. Participants can enrol in either one or two subjects in each block. »»Parkville campus
Managerial Economics
Financial and Performance Management
Behaviour and Leadership in Organisations
Fees (indicative) Local student (Aust. full fee) Cost per year $30,560 ($3,820 per 12.5 credit point subject) Indicative cost of degree $46,604 (1.5 year program) International student Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $58,950 (1.5 year program)
Entry requirements*: »»an undergraduate degree in a relevant discipline a minimum of three years of documented full-time, relevant, professional work experience »»the applicant’s submitted statement of intent in seeking entry CRICOS Code: 080338M
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Enterprise
Mark Hawkins CEO, Australian Media Group
Master of Enterprise (Executive)
Director and Principal Consultant, Competitive Advantage Consulting LLC
Editor, Australian Business Solutions Magazine
Students who have successfully completed the Chartered Accountants Australia and New Zealand (CA ANZ) Graduate Diploma in Chartered Accounting (GradDipCA) and who meet the entry requirements for the Master of Enterprise may receive credit for the following subjects: »»Financial and Performance Management »»Strategy, Ethics and Governance »»Leadership and Management »»And 1 unspecified elective subject
47
Melbourne Business School
Master of Enterprise (Science) The objective of the Master of Enterprise (Science) is to create skilled leaders and managers who can create value in their organisations and society through effective management, particularly of science and technology. This innovative degree provides advanced knowledge in the core subject areas required by leaders in the modern organisation as well as the opportunity to develop specific skills in innovation and entrepreneurship in technology intensive organisations. Subjects in this degree will address the knowledge required to bring science and technology projects to commercial fruition, and to bring such innovations effectively into organisational settings.
Program structure The Master of Enterprise (Science) consists of 12 subjects, comprising 4 core enterprise subjects selected from the list below, 4 core science subjects, 2 capstone subjects and 2 elective subjects from the University’s graduate-level science or business subjects.
Master of Enterprise (Science) sample program outline:
Year 1
Communicating Science Effectively (Enterprise)
Commercialisation of Science (Enterprise)
Production and Operations Management
Project Management in Science (Enterprise)
Year 2
Data and Decision Making (Enterprise)
Strategy, Ethics and Governance (capstone)
Elective
Innovation and Entrepreneurship Project
Who it is for? The program is designed for individuals with an undergraduate degree in a science or technologybased discipline, and three or more years of professional experience, who are currently working in middle to senior management positions across a variety of sectors and industries. Small class sizes facilitate the development of valuable relationships with fellow students from a wide variety of industries.
Program details »»Parkville campus
»»1.5 years full-time or 3 years part-time All core subjects are taught intensively. Core enterprise subjects are taught intensively over one week, with two subjects offered in each week-long block. Core science subjects are taught intensively over two weeks.
Leadership and Management
Entry requirements*: »»an undergraduate degree in a science or technology-based discipline, and at least three years of documented relevant, professional work experience; or »»an honours degree in a science or technology-based discipline, and at least two years of documented relevant, professional work experience; or »»a master degree in a science or technology-based discipline, and at least one year of documented relevant, professional work experience; or
Managerial Economics
Financial and Performance Management
Elective
Fees (indicative) Local student (Aust. full fee) Cost per year $30,560 ($3,820 per 12.5 credit point subject) Indicative cost of degree $46,604 (1.5 year program) International student** Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject) Indicative cost of degree $58,950 (1.5 year program)
»»a doctoral degree in a science or technology-based discipline. »»CRICOS: 080338M
These fees are indicative only and subject to change. See page 63 for information about fees including options to finance your degree. *m inimum entry requirements do not guarantee entry. See page 61 for more information.
Master of Enterprise (Science)
49
Melbourne Business School
Master of Business Analytics In today’s world with its ever increasing amount of data, businesses that can make sense of the flow of information hold a competitive edge in the market. Graduates with the computational and analytical skills able to meet this need are those who will be sought after by employers, both in Australia and globally.
Melbourne Business School has designed an intensive one-year program which will equip you with advanced skills in business analytics and accelerate your career. This isn’t an ordinary analytics degree – the program will provide students with the skills and knowledge to become data scientists, being an expert in not just maths and information systems, but to also approach analytics with the strategic perspective of the business in mind. Learn to define business problems by identifying data based solutions, helping answer:
Program details
Fees (indicative)
1 year full-time, commencing in January
Local student (Aust. full fee)
Entry requirements: »»An undergraduate degree with a credit average or above »»Evidence of academic success in quantitative subjects and a natural talent and passion for working with data »»Evidence of English proficiency
»»What is happening?
»»Interviews will be required for shortlisted applicants
»»What if these trends continue?
»»CRICOS: 084058J
»»Why is this happening?
»»What will happen next?
Cost per year AU$49,500 International student Cost per year AU$49,500
How to apply To apply for the Master of Business Analytics please visit: apply.mbs.edu/
Further information mbs.edu/mbusa
»»What should we do?
*m inimum entry requirements do not guarantee entry.
Career outcomes Graduates of this program are employed in roles such as:
Banking and finance: analysing credit risk, fraud detection, customer analytics, financial risk and portfolio management
Government: security, police: detecting white collar crime, uncovering customs fraud, preventing violent crime
Mining and resources: discovery and exploration, real-time monitoring of machinery to prevent failures, predicting prices
Consumer goods (retail, marketing research): product mix (which products to stock), marketing analytics, preventing customer churn
Government: social services: public policy initiatives to reduce welfare dependence, improve outcomes for healthcare, reduce prison populations
Consulting: both specialist analytics supporting consulting teams and consulting using advanced analytics techniques
Telecommunications, technology and internet: predicting demand to enable capacity planning,
Logistics/procurement: tracking products through a supply chain, optimising supply chains, revenue management
Not-for-profit: fund raising, optimal project mix, evidence-based social interventions
Master of Business Analytics
51
Melbourne Business School
Master of Marketing Combine world-renowned academics with an incredible program and you’ll have a Master of Marketing that will transform your life. The program will broaden your general management skills, enhance your strategic marketing skills and advance your career.
The Master of Marketing program builds these skills by providing students with an understanding of: »»Principal business functions including accounting, economics and management »»The changing nature of marketing management theory and practice »»The structure and operation of markets in dynamic, global, information intensive environments »»The cutting edge concepts, processes and managerial frameworks of marketing
Career outcomes Graduates of this program may find employment in sectors such as:
Financial Services
Management
Marketing
Program details
Fees (indicative)
»»1.5 years part-time*
Local student (Aust. full fee)
»»13 subjects
The Master of Marketing program is delivered on a part-time study basis only, unless undertaken as part of the dual degree MBA/Master of Marketing. Entry requirements: »»Entrance via the Graduate Diploma in Marketing »»Students who successfully complete the Graduate Diploma in Marketing may be eligible to progress to the Master of Marketing with 112.5 points credit (a weighted average mark at least H2B (70%) is normally required »»The competence to apply tools and techniques for marketing analysis, planning, implementation and evaluation By utilising the full range of teaching and learning approaches, including lectures, seminars, published and ‘live’ case studies, site visits and applied projects, Master of Marketing students are provided with the critical knowledge and capabilities for leading and managing teams, and for communicating across multiple business functions. »»CRICOS: 055075D
Cost per subject $4,095 Indicative cost of degree $53,235 International student* Cost per subject $4,095 Indicative cost of degree $53,235 These fees are indicative only and subject to change. *m inimum entry requirements do not guarantee entry.
How to apply To apply for the Master of Marketing please visit: apply.mbs.edu/ *T he Master of Marketing program is delivered on a part-time study basis only, unless undertaken as part of the dual degree MBA/Master of Marketing. International students studying in Australia on a student visa are required to study on a full-time basis.
Master of Marketing
53
Melbourne Business School
Master of Marketing Communications The Master of Marketing Communications is designed to cultivate the future executives and professionals who will work within the increasingly merged sectors of marketing and communication. Armed with disciplinary specific knowledge and interdisciplinary expertise our graduates will have the adaptive capabilities to thrive in this ever-changing profession. Developed with industry experts, this program is co-taught by the Graduate School of Humanities and Social Sciences and Melbourne Business School. The degree prepares students for professional careers in an integrated marketing and communications environment.
Career outcomes The Master of Marketing Communications prepares students for careers involving persuasive public communications such as:
Campaign strategy director
Community engagement advisor
Community manager
Content marketing coordinator
External relations coordinator
Program details
Degree structure
»»Entry in either Semester 1 (February) or Semester 2 (July)
The Master of Marketing Communications is normally comprised as a 2 year or 200 point program. However, you may be eligible to earn your degree within 1.5 years (or 150 points) depending on previous studies and experience. You can undertake the program full–time or part–time and a number of our subjects are offered in flexible modes such as evening classes or in intensive modules to work with your other commitments.
»»Parkville campus Entry Requirements: 1.5 year program An undergraduate degree in an area related to marketing or communications with an average equivalent to H2B (70%) or equivalent; an undergraduate degree in any field with an average equivalent to H2B (70%) and at least two years documented relevant work experience in media communications. 2 year program An undergraduate degree (with at least H2B (70%) average or equivalent.)
Public relations
The Selection Committee may conduct interviews and tests and may call for referee reports to elucidate any of the matters referred to above.
Social media manager
»»CRICOS: 085102B
Media relations advisor
Strategic communications advisor
Internship opportunities Undertaking the Master of Marketing Communications, you are required to choose from a range of relevant practical experiences. One of these subjects is an internship in which you will complete a project agreed to by the School and your internship organisation. Upon completion, you’ll prepare a report (up to 10,000 words) based on your project for assessment.
Fees For further information on fees and how to apply please refer to the program website: graduate.arts.unimelb.edu.au/ master-of-marketing-communications
Master of Marketing Communications
55
Melbourne Business School
Graduate research programs Melbourne Business School offers the next generation of business scholars and leaders a stimulating, world-class academic community, where cutting-edge training produces researchers uniquely positioned to respond in innovative ways to complex global, social, economic and environmental challenges.
Our program places a major emphasis on independent research, on the development of expertise in research methodology and on the skilful communication of research results and outcomes. Students are introduced at the outset of the program not only to rigorous coursework, but also to the research activities of the faculty and of their peers in a dynamic environment that rewards intellectual curiosity and fosters collaboration and interdisciplinary partnerships. Melbourne Business School provides generous stipends and fee remissions for all incoming graduate research students and overseas health cover to all international students. We offer one of the most innovative and well-resourced graduate research programs in the world.
Doctoral programs Program
Duration
Accounting Doctoral program
»»4 years full-time »»Two years coursework followed by two years research »»Entry via Master of Commerce (Accounting)
Economics Doctoral program
»»4 years full-time »»Two years coursework followed by two years research »»Entry via Master of Economics
Finance Doctoral program
»»4 years full-time »»Two years coursework followed by two years research »»Entry via Master of Commerce (Finance)
Management Doctoral program
»»4 years full-time »»1.5 years coursework followed by 2.5 years research »»Entry via Master of Commerce (Management)
Marketing Doctoral program
»»4 years full-time »»1.5 years coursework followed by 2.5 years research »»Entry via Master of Commerce (Marketing)
PhD programs PhD in Actuarial Studies
»»3 years full-time »»Research thesis only (no coursework)
Masters by research Master of Commerce (Actuarial Studies)
»»1 year full-time or part-time equivalent »»Research thesis only (no coursework)
Research programs & pathways
Pathways to research Candidates must first meet the minimum entry requirements for entry (this does not guarantee entry):
The equivalent of an Australian four-year degree in an area that is relevant to the research degree being applied for, ideally with a research component that accounts for at least 25% of the work at fourth year or master’s level with a minimum grade of:
»»GMAT/GRE results – depending on the discipline
»»Master of Commerce (Actuarial Studies): 70–74%*
In the first year of a doctoral program, candidates will be admitted into the relevant coursework master’s degree. Successful completion with an average of 75% leads directly into the three-year PhD program, which consists of up to a further year of coursework followed by at least two years of research.
»»Doctoral Program (Accounting, Finance, Management, Marketing): 75%* »»PhD: 75%* * The equivalent of these grades at the University of Melbourne are required
Candidates must also provide evidence of: »»Current knowledge of the discipline in which the research degree will be undertaken, demonstrated by completion of tertiary studies and/or relevant professional experience in the 10 years prior to intended entry to the PhD
»»Having met the University’s English language requirements. Applicants will also be required to attend an interview if shortlisted.
For more information: Pick up a copy of the ‘Graduate Research Degrees in Business and Economics’ brochure.
“The doctoral program at the Faculty of Business and Economics is unique in its nature and scope. The coursework component of the program really helped me deepen my understanding of the concepts of economics, and provided me with great practical training to undertake quality research. Moreover, I really enjoyed learning from the excellent academics who are experts in their fields, and who are motivated to impart their learning to students.” Neha Swami is a third candidate in the Doctoral Program in Economics.
Visit fbe.unimelb.edu.au/research/degrees
57
Melbourne Business School
Student life at MBS At MBS we offer a comprehensive program to support your learning, develop your skills and enrich your degree. We encourage you to be involved both on and off campus and to make the most of your time outside the classroom.
Outside the classroom »»Access to professional memberships »»Buddy program
»»Career mentoring programs
»»Careers planning and support
»»Melbourne Business School Sports Club www.facebook.com/gsbesports »»Melbourne Business School Student Association www.mbssa.org
»»Networking events
»»Melbourne Microfinance Initiative (MMI) www.unimelbsamm.com
»»Seminars by industry speakers »»Student clubs and societies
»»Students’ Association of Management and Marketing (SAMM) www.unimelbsamm.com
Student clubs and societies
Exchange and partner institutions
»»Personal effectiveness program workshops
»»Student exchange
Find out more about getting involved, volunteering, gaining new skills and making new friends during your time at MBS. Student groups you can be involved with include: »»Accounting Students’ Association (ASA) www.asamelb.com.au »»Actuarial Students’ Society www.melbourneactuary.com »»AIESEC aiesec.org/australia »»Banking on Women (BoW) www.bankingonwomen.org.au »»CAINZ www.cainz.org »»Economics Student Society of Australia (ESSA) www.economicstudents.com »»Ellevate www.unimelbellevate.com »»ENACTUS www.enactusunimelb.org.au »»Financial Management Association of Australia (FMAA) www.fmaa.com.au »»Global Consulting Group www.gcg.org.au »»Graduate Student Association (GSA) www.gsa.unimelb.edu.au
Destinations for outbound exchange students (depending on program) in 2015 included: »»Bocconi University, Milan, Italy »»Boston College, USA
»»Copenhagen Business School, Denmark »»Durham University, UK
»»Erasmus University Rotterdam, Netherlands »»HEC School of Management, Paris, France »»London Business School, UK (Master of Finance students only) »»Lund University, Sweden
»»Manchester Business School, UK
»»Norwegian School of Economics & Business Administration, Norway »»Rutgers, The State University of New Jersey, USA »»University of Auckland, New Zealand »»University of Birmingham, UK
»»University of Copenhagen, Denmark »»University of Oslo, Norway
Industry engagement MBS offers a range of program-specific opportunities for you to gain ‘out of the classroom’ participation and practical experience. Activities can be undertaken locally, nationally or internationally and the knowledge and skills complement your program of study. Opportunities include: Practicums We offer our students a unique duo of programs which sets us apart from other Australian business schools: the Global Business Practicum (GBP) and the Melbourne Business Practicum (MBP). In teams, students are assigned to a host company to undertake a real business project, experiencing culture, society and real-life business practices first hand whilst applying their academic skills. GBP destinations include Singapore, Shanghai, Mumbai and Kuala Lumpur. Organisations who have participated in the practicums include Cadbury, KPMG, Kraft, Committee for Melbourne, NAB and various not-for-profit organisations in regional Australia. Internships Local and international internships are offered in a variety of organisations and industry sectors. Each internship is formulated to provide students with valuable experience, introducing challenges and opportunities faced in the working world. Depending on the needs and resources of the employing organisation, internships vary in length, are paid at least a minimum wage, and may lead to continuing work.
The City of Melbourne
The city of Melbourne Melbourne is one of the world’s most liveable and culturally diverse communities. Melbourne’s official language is English, however more than 100 languages are spoken by the city’s residents.
Festivals
Sporting capital
Melbourne has many festivals – celebrating our food, wine, music, books, cycling, the arts, comedy, jazz and films. Major events include the Melbourne International Comedy Festival, Melbourne International Film Festival, the Melbourne Writers Festival, and the Fringe Festival.
Amongst all of its artistic and cultural credentials, Melbourne is also undoubtedly Australia’s sporting capital. Across the year the city plays host to major events such as the Australian Open Tennis, the Formula 1 Grand Prix, and the glamorous Melbourne Cup horse racing carnival. Melbourne is also the birthplace of Australian Rules Football (AFL).
Easy to get around Melbourne has a fantastic public transport system that is reliable and easy to navigate. Trams, buses and trains operate throughout the city and its suburbs and can take you from the mountains of the Dandenong Ranges to the beaches of St Kilda.
Café culture Melburnians love food and wine. You can enjoy fine dining or delicious meals on a budget, and sample cuisine from all over the world. Melbourne cafés are famous for their coffee, all-day breakfasts and relaxed and friendly service.
Melbourne Victoria
Melbourne at a Glance Population: 4.4 million Climate: Temperate Rainfall: Low More info at www.visitmelbourne.com
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Melbourne Business School
Scholarships Melbourne Business School offers a generous number of scholarships to outstanding commencing local and international students, based on academic merit. Scholarships are available in all programs and are valued at between 25% and 100% tuition fee remission.
There is no separate application needed for a scholarship. All program applications received by the relevant application deadline will be automatically considered for a scholarship. Some of these scholarships include:
A.G. Whitlam Graduate Scholarships Scholarships are available to all students, local and international, who apply to a coursework degree. Applicants are automatically considered for the A.G Whitlam Graduate Scholarships and they are awarded based on academic merit and are highly competitive. There are a range of scholarships available which cover 25% to 100% of the program tuition fees for the duration of the program.
Graduate Merit Scholarships Graduate Merit Scholarships are available to all students, local and international, who apply to a coursework degree. Applicants are automatically considered for the Graduate Merit Scholarships and they are awarded based on academic merit and are highly
competitive. Graduate Merit Scholarships cover 25% to 50% of the program tuition fees for the duration of the program.
International Postgraduate Coursework Awards Available each year to commencing coursework masters applicants, the International Postgraduate Coursework Awards cover 25% fee remission for the duration of the program. Selection is based on academic merit. Read more about MBS scholarship opportunities at: mbs.unimelb.edu.au/scholarships Applicants to the Master of Business Analytics, Master of Marketing or Master of Marketing Communications may be eligible for a range of scholarships from alternative providers.
“Being awarded the Graduate Merit Scholarship has proven to me that putting extra effort into all that you do can give you access to opportunities you never imagined possible, and reward you in the most unexpected of ways. It has made my parents proud, and I have also set a great example to my four younger siblings.� Nicolas Segura, International Graduate Merit Scholarship recipient, Master of Finance
Scholarships & The application process
The application process GMAT and GRE The GMAT and GRE are standardised tests that are used by leading business schools around the world to assess the qualifications of applicants for advanced study in business and management. Each test contains three sections: Quantitative, Verbal and Analytical Writing. The GMAT and GRE help us to make an assessment of your academic potential specific to our programs. They also highlight areas where you may need to strengthen your skills and show us where we can provide you with assistance.
Programs requiring the GMAT or GRE The following programs do not require the GMAT or GRE, however the Selection Committee may require applicants to undertake these tests in certain cases: »»Master of Business Analytics »»Master of Enterprise »»Master of Enterprise (Science) »»Master of International Business »»Master of Management suite of programs »»Master of Marketing »»Master of Marketing Communications »»Master of Supply Chain Management Either the GMAT or GRE are mandatory for all applicants who have not previously completed an undergraduate degree at an Australian or New Zealand university (and who do not qualify for an exemption) for the following programs:
Do I qualify for a GMAT/GRE exemption? Exemptions from the GMAT/GRE are applicable to applicants who fit into the ‘humanitarian aid case’ category – i.e. applicants who: »»are in receipt of a sponsored scholarship from a humanitarian aid organisation (e.g. an Australia Award) »»hold a permanent Humanitarian Visa for Australia »»can demonstrate that humanitarian crisis impacts on their ability to sit the GMAT/GRE (e.g. residence in country where there has been a recent critical threat to their health, safety, security or well-being through armed conflict, epidemic, famine, or natural disaster). *P lease note: If you are applying for a graduate research program, GMAT or GRE results are mandatory.
Find out more at: mbs.unimelb.edu.au/faqs
English language requirements The University of Melbourne has a set of English language requirements which all applicants must meet. If you have completed a previous degree which was taught and assessed entirely in English you may not have to undertake a test. Please refer to English language requirements for graduate applicants. For further details please refer to: futurestudents.unimelb.edu.au/ admissions/entry-requirements/ language-requirements
»»Master of Commerce (Management) »»Master of Commerce (Marketing) »»Master of Finance
Minimum scores and tests accepted:
The GRE is mandatory for all applicants who have not previously completed an undergraduate degree at an Australian or New Zealand university (and who do not qualify for an exemption) for the following programs:
For English language tests, we require documentary evidence of having obtained the minimum scores within the previous 24 months. The following scores meet the requirements for Band 6.5
»»Master of Actuarial Science »»Master of Commerce (Actuarial Science) »»Master of Economics The GMAT or GRE is required for entry into all Doctoral Programs.
»»IELTS 6.5 (with no band less than 6.0)
»»TOEFL (Paper Test) 577 with TWE 4.5 »»TOEFL (Internet) 79 with Writing 21, Speaking 18, Reading 13, Listening 13
»»Pearson Test of English (Academic) 58-64 inclusive and no communicative skill below 50
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For further details please refer to futurestudents.unimelb.edu.au english-requirements
Documentation Applications should be accompanied by scanned original or certified copies of all qualifications: »»this must include academic transcripts showing all subjects attempted and proof of completion of the degree »»if documents are not in English, a certified translation is required »»you can attach your supporting documents to your online application »»you will need to have access to scanned copies of your documents to upload them to your application »»please note that scanned versions of certified documents do not meet our verification requirements and will be verified with the issuing institution »»you may be required to present original documents to the University at any time during the application process or while you are enrolled at the University »»if the documents on which an offer was based are found at any time to be incomplete or fraudulent, you will face serious penalties, including your enrolment in the course being withdrawn If you are an international student applying through one of our authorised agents: »»scanned and faxed copies of certified results forwarded by the agent to meet our verification requirements »»if you do not have access to a scanner, you will be able to submit your documents through the post or by fax »»if you are mailing your documents, please send certified copies, as originals are not kept and will not be returned. If you are applying for a program requiring work experience, you should include a letter from your employer outlining: »»Nature of duties
»»Employment start and end dates »»Whether full or part-time
Letters must be written on company letterhead, and should be dated and signed by a superior in the company.
Melbourne Business School
“Gaining a CSP has really made completing my graduate study less of a financial burden for me and my family.� Tanya Nunes received a CSP in the Master of Management (Marketing), and is now employed in a graduate consultant role with Ernst & Young.
Program fees
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Program fees Program fees can be found on the relevant program page. Fees are subject to an annual increase and those quoted are indicative only. Program fees are determined by the number of subjects you must complete and whether you are a local or international student. All fees quoted are in Australian dollars ($AUD) and unless otherwise indicated, are for full-time study. Typically, full-time students complete four subjects per semester and part-time students complete an average of two subjects per semester.
Commonwealth Supported Places (CSP’s)
The number of CSP’s is limited and selection is based on academic merit.
A CSP is a higher education place for which the Australian Government provides funding towards the cost of your education. If you are eligible for a CSP you may be able to use HECS-HELP to help pay your remaining student contribution.
Applicants who are not successful in being awarded a CSP, but are accepted into the program will receive an Australian Fee place and may access FEE-HELP to assist in paying fees.
CSP’s are available to Australian and New Zealand citizens and holders of Australian permanent residency visas. For a student entitled to a CSP in 2016, the full-time student yearly contribution is $10,440 per standard year ($1,305 per standard 12.5 credit point subject).
Programs with CSP’s The following programs have CSP’s: »»Master of Actuarial Science »»Master of Commerce (Actuarial Science)
»»Master of Commerce (Management) »»Master of Commerce (Marketing) »»Master of Economics
»»Master of Management
»»Master of Management (Accounting and Finance) »»Master of Management (Accounting)
HECS-HELP HECS-HELP is an Australian government loan program to help eligible students on a Commonwealth Supported Place pay their student contributions. No upfront tuition fees are required for students accessing HECS-HELP.
FEE-HELP FEE-HELP is a loan program that helps eligible fee paying students (both full and part-time) pay their tuition fees. It is available to Australian citizens and holders of a permanent humanitarian visa. FEE-HELP is similar to HECS-HELP, in that you can defer your tuition fees and repay these later through the taxation system, once your income reaches a specific threshold. You apply for FEE-HELP through a form made available during the online enrolment process.
»»Master of Management (Finance)
Students may not exceed the FEE- HELP limit ($97,728 lifetime, indexed).
»»Master of Management (Marketing)
For more information please visit: studyassist.gov.au
Application deadlines for CSP’s
Youth Allowance
To be considered for a CSP, you must submit your application by 30 November for Semester 1 entry, or 31 May for Semester 2 entry.
Students undertaking a masters by coursework at a higher education institution who meet all other eligibility requirements
»»Master of Management (Human Resources)
will be eligible for student income support (i.e. Youth Allowance). Eligible coursework programs at MBS are the Master of Management (Accounting), Master of Management (Marketing) and the Master of Management (Human Resources). More information is available at: studyassist.gov.au/sites/StudyAssist/ StudentIncomeSupport
Graduate Access Melbourne Graduate Access aims to provide entry to graduate study to applicants whose personal circumstances have had a sustained adverse effect on their academic achievement at the undergraduate level, or who are members of a specified group known to be underrepresented in higher education. Graduate Access ensures that more students continue to enjoy admission to graduate programs, regardless of their cultural or socio-economic backgrounds. Students who are successful in their Graduate Access application may receive a CSP and may also be considered for a Graduate Access Melbourne Bursary. This is a one-off grant of $5,000 designed to support students in meeting the costs associated with graduate study. All applicants eligible for Graduate Access Melbourne will be considered for a Graduate Access Melbourne Bursary. Further information, including the graduate programs under this scheme, is available online at: futurestudents.unimelb.edu.au/ grad/gradaccess
Melbourne Business School
How to apply Local applicants Local applicants are Australian citizens and permanent residents, New Zealand citizens and holders of a permanent humanitarian visa. For most programs*, local applications must be submitted online by:
Step 01 – Entry requirements
Statement of intent:
Check the minimum entry requirements for the program to which you want to apply.
»»30 November for Semester 1 (February) entry
»»to complete the online application form
»»31 May for Semester 2 (July) entry
»»a record of your undergraduate grades and grades for any further study (you may apply if you are awaiting final results as conditional offers can be given)
All applicants are required to supply a statement of intent of no more than 500 words. The statement should describe your personal motivation to undertake further study and can include details of your personal circumstances as well as your life and work experiences. It should emphasise any aspect of your personal history that may enhance your application, including extracurricular activity, community involvement, relevant personal characteristics and any outstanding achievements.
While late applications may be accepted, students are advised to apply as early as possible. *F or information about the application process for the Master of Business Analytics (page 50), Master of Marketing (page 52) and Master of Marketing and Communications (page 54) please refer to the relevant program listing.
Step 02 – Apply online To apply online you will need:
»»a statement of intent
»»your GMAT/GRE score – if required or unless you qualify for an exemption Apply online at: mbs.unimelb.edu.au/ study/how-to-apply You will be notified of the outcome 10 business days after receipt of your application.
How to apply
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International applicants International applicants are citizens of all other countries. For most programs* International applications must be submitted by: »»31 October for Semester 1 (February) entry »»30 April for Semester 2 (July) entry While late applications may be accepted, students are advised to apply as early as possible to avoid visa delays. *F or information about the application process for the Master of Business Analytics (page 50), Master of Marketing (page 52) and Master of Marketing and Communications (page 54) please refer to the relevant program listing.
Step 01 – Entry requirements
Statement of intent:
Check the minimum entry requirements for the program to which you want to apply.
All applicants are required to supply a statement of intent of no more than 500 words. The statement should describe your personal motivation to undertake further study and can include details of your personal circumstances as well as your life and work experiences. It should emphasise any aspect of your personal history that may enhance your application, including extracurricular activity, community involvement, relevant personal characteristics and any outstanding achievements.
Step 02 – Apply online International applicants may apply in one of two ways: Through one of our overseas representatives, or to apply online you will need: »»a record of your undergraduate grades and grades for any further study (you may apply even if you are awaiting final results as conditional offers can be given) »»a statement of intent »»your GMAT/GRE score (if required) – unless you qualify for an exemption »»TOEFL or IELTS score if you are applying from a country where English is not the official language, or the language of instruction and assessment.
Apply online at: mbs.unimelb.edu.au/ study/how-to-apply You will be notified of the outcome approximately six weeks after receipt of your application.
Melbourne Business School
Program portfolio Programs
Duration / format
MBA suite of programs* Full-time MBA
1 year full-time
Part-time MBA
2 years part-time
Executive MBA
18 weekend residential modules over 18 months/ 1 week-long overseas module
Senior Executive MBA
4 x 4-week residential modules over 14 months/ 3 residential modules; 1 overseas module
Master of Management suite of programs Master of Management (2 year programs) Master of Management (Accounting and Finance) Master of Management Master of Management (Accounting) Master of Management (Finance)
2 years full-time 4 years part-time
Master of Management (Accounting and Finance) Master of Management (HR) Master of Management (Marketing)
Master of Management (1.5 year programs) Master of Management Master of Management (Finance) Master of Management (HR)
1.5 years full-time 3 years part-time
Master of Management (Marketing)
Master of International Business Master of International Business (2 Year program)
2 years full-time 4 years part-time
Master of International Business (1.5 Year program)
1.5 years full-time 3 years part-time
Specialist masters Master of Actuarial Science
2 years full-time 4 years part-time
Master of Commerce (Actuarial Science)
1 year full-time 2 years part-time
Master of Business Analytics*
1 year full-time
Master of Economics Master of Finance Master of Commerce (Management) Master of Commerce (Marketing) Master of Marketing*
2 years full-time 4 years part-time
1.5 years full-time 3 years part-time 1.5 years part-time
Master of Supply Chain Management Master of Enterprise
12 x 1 to 2-week intensive modules over 1.5 years
Master of Enterprise (Science)
Graduate research degrees PhD and Doctoral programs
3-4 years full-time 6-8 years part-time
Master of Commerce (by research)
1 year full-time 2 years part-time
Recent graduate
Early career
Mid-career
Senior manager
Program portfolio
* For more information about the MBA suite of programs, the Master of Marketing or the Master of Business Analytics: Melbourne Business School 200 Leicester Street, Carlton Victoria, 3053, Australia T: +61 3 9349 8400 F: +61 3 9349 8404
For more information about all other programs contained in this brochure: Melbourne Business School Level 4, 198 Berkeley Street, The University of Melbourne Victoria 3010, Australia T: 1800 227 117 (Free call within Australia) T: +61 3 8344 1670
mbs.edu
E: mbs-enquiries@unimelb.edu.au mbs.unimelb.edu.au
For more information about Graduate Research Degrees: Melbourne Business School Level 4, 198 Berkeley Street, The University of Melbourne Victoria 3010, Australia T: +61 3 8344 2161 E: buseco-gradresearch@unimelb.edu.au fbe.unimelb.edu
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Contact Us
Graduate Program Guide
Melbourne Business School Faculty of Business and Economics
T: +61 3 8344 1670 or 1800 227 117
The University of Melbourne Level 4, 198 Berkeley Street, Victoria 3010
E: mbs-enquiries@unimelb.edu.au
August 2015 CRICOS Provider code: 00116K Intellectual Property: For further information refer to Statutes and Regulations: unimelb.edu.au/Statutes Copyright: Copyright The University of Melbourne 2015. Copyright in this publication is owned by the University and no part of it may be reproduced without the permission of the University.
F: +61 3 9349 5021 www.mbs.unimelb.edu.au
Authorised by: Dean, Melbourne Business School Published by: Faculty of Business and Economics Copyright: The University of Melbourne
Disclaimer: The information in this publication was correct at the time of printing. The University of Melbourne reserves the right to make changes as appropriate. As details may change, you are encouraged to visit the University’s website or contact the University of Melbourne Information Centre to obtain the latest information. Statement on Privacy Policy: When dealing with personal or health information about individuals, the University of Melbourne is obliged to comply with the Information Privacy Act 2000 and the Health Records Act 2001. For further information refer to the privacy policy: unimelb.edu.au/privacy