Growth is strong in the business sector. But what should you look for in a business degree that gets you to the next level?
The Federal Government’s recent Job Outlook report shows positive domestic trends around Business Management career prospects, with the positions of Chief Executives, Managing Directors and Corporate General Managers experiencing strong job growth.
From projected high salaries to job security, there are many reasons to consider a postgraduate business degree. But RMIT also equips graduates with the professional connections, critical skills and world-recognised qualifications needed for success.
Here are four good reasons to study postgraduate business at RMIT.
Opportunities to connect with industry are built into RMIT’s programs to ensure students graduate with real-world experience. In work-integrated-learning capstone courses, students work with industry on projects to solve or improve an element of the business. Curriculum is influenced by the latest industry trends and courses are co-designed with industry leaders; this means you get practical skills and learn from experts in your field.
“Shortly after graduating, I secured a role with a major B2B company to re-launch their brand. I got to put the knowledge and skills from my course into practice, including conducting extensive market research, the insights from which were used to propose short- and long-term strategies to improve their growth,” said Alex Diamond, Master of Marketing graduate.
The RMIT Career Mentoring program is built to connect students with industry. The aim is simple: Connect RMIT students with industry professionals to provide leadership and help shape the future workforce. It’s one of the largest and most successful mentoring programs in the University sector, and offers exclusive opportunities to RMIT students.
Fastrack Innovation Program is another program designed to connect students with industry. Fastrack ignites disruptive potential in students by asking them to create unconventional solutions to real-world challenges over 12 high-intensity weeks.
Launched in 2007 in partnership with Deloitte’s National Innovation Program, the world-class student innovation program has worked with different program partners over the past 13 years from multiple sectors including NAB, ANZ, Deloitte, Kmart, Crime Stoppers and Victoria Legal Aid. These partners sponsor the innovation challenges that students work on and allocate senior subject-matter experts to Fastrack teams, who serve as valuable industry mentors throughout the program.
Sometimes known as soft or professional skills, human skills include leadership, teamwork, communication, analytical thinking, creativity and flexibility.
“The Executive MBA taught us how to really innovate and create, and to have the confidence to back yourself on the products and services you’re developing,” said Michelle Redfern, Executive MBA graduate.
A survey done by the World Economic Forum shows that even as demand for technology competencies increase, human skills will retain or increase their value.
Have you heard of RMIT Activator? It exists to cultivate an entrepreneurial mindset among the RMIT community of staff, students and alumni and support venture creation and growth.
Through working with industry experts and top organisations around the world, they’ve identified the key skills to help you thrive in the workplace. The six pillars of the entrepreneurial mindset that will help you stand out from the crowd are curiosity, creative problem solving, tech literacy, teamwork, emotional intelligence and resourcefulness. Activator runs workshops, online learning, start-up programs, internships and networking events to promote these skills.
“I learnt how to think more strategically when encountering complex tasks and to actively consider the ‘big picture’. Through participation with peers from different cultures and ages I developed a high level of confidence and communication that allow me to effectively adjust how I speak to different people,” said Master of Commerce graduate Robert Pelle.
Learning and building on your human skills will give you a competitive advantage in the workforce and future-proof your career.
As Martin Bean, Vice-Chancellor and President of RMIT, recently said in a panel discussion with other thought leaders from the education and technology sectors, “The ability to learn will be a graduate's most valuable asset in the future world of work.”
When you consider returning to study, you might find yourself with a creeping worry about how you’ll possibly find the time to juggle work, personal life and everything else in your daily life with study. But there’s a range of flexible options available to students to ensure that the positive outcomes of postgraduate study are sure to outweigh the rearrangement required in your life. RMIT offers flexibility around the number of units you can select and seminar times, classes on weekends or evenings, and options for leave of study for 6-12 month breaks.
“RMIT offers a great balance for those working full time. I could study part-time, walk to lectures if need be and the subjects were being offered in the evening. It was very conducive for people who have to work traditional business hours,” said Leonee Derr, recent graduate of Master of Information Management.
At RMIT’s city campus you’ll get to experience all of accessible, exciting and diverse inner-city Melbourne. Food hotspots like Lygon Street Carlton, Chinatown, Queen Victoria Market are within a ten minute walk of the city campus. Don’t forget the cafe culture Melbourne is renowned for, and the variety of late night and 24-7 food offerings you’ll find in easy reach. It’s easy to get around on trams, bicycles and trains, with something to do at every hour and in every season.
Beautiful historical buildings like the State Library of Victoria and the Royal Exhibition Building are nearby, and the campus itself is situated across a variety of heritage-listed buildings. The Graduate School of Business is housed in a Néo-Grec and Beaux-arts style building that originally housed the Emily McPherson College of Domestic Economy, opened in 1927 by HRH The Duchess of York.
Melbourne is known for its arts and culture, and RMIT is proud to be the Design Partner of the renowned National Gallery of Victoria (NGV), Australia's oldest, largest and most visited art museum, and the Major Research Partner of the Australian Centre for the Moving Image (ACMI). The NGV and ACMI’s extensive and cutting-edge exhibition programs are just a fraction of a city-wide calendar of events, with night markets, comedy shows, music venues, sport tournaments and fashion festivals on year-round.
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 created by Louisa Bloomer