What’s new in postgraduate business at RMIT?

Become an impactful leader and be a step ahead in your industry with RMIT’s updated and accredited Master of Business Administration and Master of Commerce, designed to challenge and inspire.

Refreshed and revitalised for 2024, the accredited Master of Business Administration (MBA) and Master of Commerce will allow you to take hold of your future with more control over your study options, greater opportunities to engage with industry and an enhanced practical learning experience.

Discover the increased specialisation options of the MBA, the extensive program changes to the Master of Commerce and a renewed focus on industry engagement across both courses.

With the power of choice, you can shape what’s next for your career.

Future-focused and student-centred learning

Developing the leaders and the industry specialists of tomorrow, RMIT’s business courses are designed to match your ambition.

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The revitalised MBA has sustainability, social impact and ethical practice at its core. Ranked top 10 in Oceania¹, the MBA will equip you with a strong understanding of business fundamentals, a new perspective on problem-solving and a set of business skills that you can immediately apply in professional situations.

The flexible, student-centred approach to the Master of Commerce provides students greater choice over their study options, allowing you to choose a specialisation sequence from a range of business disciplines that aligns with your career aspirations.

New majors and minors

With more specialisation options for the MBA and a wide range of majors and minors available within the Master of Commerce, you’ll enjoy the flexibility to pick and choose how your master’s degree meets your career goals.

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In 2024, the MBA will target specialist knowledge and capabilities to stay ahead of the curve of technological advancements, trends and evolving business needs in areas such as nanotechnology, big data, data science, data analysis, digitalisation, AI and automation, sustainability, smart cities and circular economies.

The MBA features three new majors including:

Digital Transformation
Leadership
Human Resource Management

Meanwhile, minors will expand from two to five, covering:

Digital Transformation
Leadership
People Analytics
Sustainable Enterprise
Digital Finance

You can view the full list of majors and minors on the program page for the Master of Business Administration.

The overhaul to the Master of Commerce program structure will see students complete four compulsory core foundation and four major courses in Year 1, while in Year 2, students undertake four major courses, three electives and one capstone subject.

With majors including business analytics, international business, blockchain in business and the choice of nine minors, you’ll gain the skills required to excel in high-level managerial and consulting roles anywhere in the world.

You can view the full list of majors and minors on the program page for the Master of Commerce.

Increased industry engagement

Both the MBA and the Master of Commerce are designed with industry and real-world experience in mind. You'll get the chance to work on projects with clients, complete paid and unpaid work placements, and access international study opportunities.

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The refreshed MBA includes the opportunity to take internships and research courses. You could join the ranks of MBA students who have worked on projects with industry partners such as:

AGL Energy: MBA students managed issues like customer bill shock and the transition to green energy
National Gallery of Victoria: MBA students collaborated with the National Gallery of Victoria to reinvigorate Federation Square and positively impact the visitor experience.

Opportunities such as these allow you to work directly with leading Australian brands on projects that make a real difference in people’s lives.

The factors that made me choose RMIT were industry engagement, location, and the flexibility of the course. I got a lot of global experience and opportunities to go overseas and study. When you’re doing an MBA, you've got the time to do as much as you can and it's a great time to try new things.

– Chris Hope, Master of Business Administration

Built to enhance all professional and educational backgrounds, the highly student-centred Master of Commerce program incorporates industry engagement with an all-new capstone subject, Global Digital Business Project. Leveraging RMIT’s industry partners, including DiDi and ANZ, the course is centred around an authentic industry-based project, which students work in groups to solve.

Additionally, when you undertake a Master of Commerce at RMIT, you can participate in exchange programs and global intensives designed to combine overseas travel and cultural experience with coursework, exposing you to a world of opportunity.

Which business master’s degree is right for me?

RMIT’s business programs are designed to empower you to achieve your career goals, broadening your industry opportunities and building transferable skills so you can take that next step.

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You’ve reached a point in your career where you’re ready to push your limits and expand your business sense
You’re passionate about developing your leadership capabilities
You have an entrepreneurial mindset or ambition
You’re driven to challenge yourself and lead the development, growth and success of a team or an organisation.

You’d like to diversify your skillset and deepen your knowledge in your preferred specialisation
You’d like to reach the next level in your career by developing business acumen and the confidence to communicate advanced concepts to key stakeholders
You’re considering a change of career and would like to open the door to any industry
You’re ready to step up and exhibit leadership, self-awareness and collaboration skills to drive organisational change.

RMIT's undergraduate and postgraduate business programs are accredited by AACSB International (2025).

Story: Jacqueline Guldon

¹QS MBA Rankings 2023

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Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Sentient' by Hollie Johnson, Gunaikurnai and Monero Ngarigo.

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What’s new in postgraduate business at RMIT?