Master of Business Administration
Student type:
Quick facts
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Entry score
Not applicable
-
Duration
Full-time 1.5 years or Part-time equivalent -
Location
Online, Melbourne city -
Fees
AU$35,520 (2019 annual)
Next intake
February, July, RMIT Online Entry score
IELTS 6.5
Duration
Full-time 2 years or 1.5 years accelerated Location
Melbourne city, Online Fees
AU$41,280 (2019 annual)
Next intake
February, July
Overview
Your path to leadership
The world’s best organisations are seeking creative thinkers, collaborators and problem solvers - leaders with empathy and imagination. Our cutting-edge MBA is designed to develop these qualities. We’ll set you on the path to business leadership and prepare you to thrive in a rapidly changing world.
Your RMIT MBA experience
Be guided by authentic, accessible lecturers who care about your journey. Master the fundamentals of business management and the creative skills of design thinking. Build friendships and business networks among a supportive student cohort.
RMIT’s Master of Business Administration is tailored towards producing managers equipped with the skills to lead so it was my first choice. Classes are designed to foster a range of learning styles and include plenty of both theory and application opportunities.
– Nicholas Bartholomeusz, RMIT Master of Business Administration graduate
Learn here, succeed anywhere
At RMIT, we understand the importance of providing students with real-world experiences and the skills to succeed in a rapidly evolving job market.
RMIT’s focus on industry-based, practical learning has seen our MBA program ranked in the top 5 MBAs in Australia, and our online MBA 14th in the world in CEO Magazine's 2017 global rankings. RMIT is also recognised as being among the top 100 institutions in the world for the teaching of business and management programs.
Details
A program designed to guide your development as a business leader.
The RMIT MBA is a challenging 1.5-year (full time) program designed to build real world business skills and creative problem-solving techniques.
Your journey begins with the business fundamentals - Leadership and Management, Marketing, and Financial Analytics. You’ll be guided through these essential areas by committed lecturers who care about your progress.
You’ll also discover your creative side in RMIT’s renowned Design Thinking for Business course. (Australia’s most established design thinking course). This inspirational course will transform the way you think about problem solving, and give you the confidence to attack complex business problems in new ways.
After completing courses in areas such as Strategy and Management of Technology and Innovation, you’ll finish the program by building consulting and management skills that you can take directly to the market.
Courses such as Business Research Design and Business Consulting are complemented by challenging electives that will sharpen your capabilities.
You’ll graduate with a sound understanding of business fundamentals, an entirely new perspective on creative problem solving, and a set of real-world business skills that you can immediately apply in professional situations. (RMIT MBA graduates are widely acknowledged as job-ready by the business community).
Our MBA program consists of 10 core and two elective courses delivered across three study periods - semesters one and two, and a spring/summer period.
Full-time students complete four courses per study period, with classes typically held during the day. Part-time students complete two or more courses per study period with classes usually held in the evening. Collaboration is increasingly recognised by employers as a critical leadership skill. So our MBA students progress as a group and often work in teams.
You will experience a variety of teaching and learning approaches during the program, including lectures, tutorials, working independently and in teams. Lectures deliver a comprehensive review of the latest thinking and world's best practice, while tutorials provide opportunities for facilitated discussion. Factually based case studies are important components of RMIT's MBA courses and bring authenticity to your learning experience.
Your Melbourne-based classes will usually be held in the beautiful heritage-listed Emily McPherson College Building, on the corner of Russell and Victoria streets in the Melbourne CBD. (Melbourne is one of the world’s most liveable cities, and a great place to study an MBA). Facilities include a student lounge, conference suite, teaching theatres and classrooms with the latest multimedia technology, and a rooftop patio with views of Melbourne's CBD. Classes may also be held at the award-winning Swanston Academic Building, or at other locations within RMIT's City Campus.
In additional to our vibrant RMIT campus, you can study part or all of your MBA online through Open University. Our online learning platform is purpose built to let you study anywhere, anytime, with course and lectures that are easy to follow, discussion boards, online forums, electronic assignment submission and access to our library and business journals.
Assessment is ongoing throughout the semester and includes examinations, essays, reports, presentations, group projects, research projects and practical assignments. While group assignments are an important component of every course, the focus of the assessment is weighted towards individual performance.
The MBA program is also offered at RMIT’s Vietnam campus in Saigon, offering up to three intakes a year
Business mentoring
To assist your career progression and increase your employment opportunities, the MBA provides guidance through a Business Mentoring Program. You will engage in a range of activities including seminars with guest speakers, group work and case studies, individual mentoring and coaching, and career preparation.
The mentoring program covers:
- leadership in the workplace
- power and influence
- judgement in decision-making
- career and self-management
- working in Australian organisations
- working in Asia
- working in a family business.
All business mentors hold at least 15 years of experience, are active leaders in their respective fields, and will provide guidance and support for your working life.
myRMIT
Through RMIT University's online learning portal, myRMIT, you can view online resources and learning activities created by lecturers, access course materials via Blackboard, collaborate with lecturers and fellow students, and access your student email account. Educational software, the Learning Hub, other online and digital resources and printers are accessible on-campus via the RMIT wireless network using your own laptop, tablet or smart phone or via computer facilities on-campus. You will be able to access the same software from home using myDesktop.
Find out more about student computing at RMIT.
The student experience
The MBA program is delivered by a range of educators entrenched in industry, in RMIT's world class facilities.
Work-connected and industry-relevant opportunities available in our MBA include:
Fastrack Innovation Program
In this elective course you will work with mentors to develop and present a solution to a real problem. This form of fast-prototyping is designed so that external organisations can tap into fresh thinking from RMIT students.
Business Internship Elective
Take up a position for one or two days each week for one semester. This position is normally unpaid and is designed to develop your soft skills and increase your overall employability upon graduation. The placement must be self-sourced.
MBA Research Project
Designed to provide real business projects for students to work on during the semester. These include international projects such as Digital Connectivity for APEC
Business Consulting Course
Complete an external company project and network with senior members of the business school’s partner organisations.
MBA Advisory Board
Our MBA program is supported by a strong advisory board that helps steer curriculum development to ensure that RMIT MBA graduates are work-ready and prepared to take up challenging positions within the rapidly changing landscape of business management.
The Program Advisory Board is made up of members from KPMG, BMW, Ethical Investment Services, Greencap, and from boutique consultancy firms such as Advantage Point Business Advisors.
Study tours are a unique feature of the on-campus program. You can combine an overseas travel and cultural experiences with coursework that is completed in intensive modes, and have this credited towards your degree. They depart during the Australian summer or winter vacations.
Each year, the Graduate School of Business and Law conducts intensive study tours to Vietnam, Spain and France, equivalent to one 12-credit point elective.
Some of the other opportunities include Robert H. Smith School of Business (USA); Ted Rogers School of Management (Canada), Aarhus University (Denmark) and Thammasat University (Thailand).
If you are planning to include a study tour as part of your program, you are advised to check that you have the required number of student electives or credit points available.
Other global mobility options available for this program include:
- Student exchange - we have over 200 exchange partners to choose from
- Short term mobility program to ESADE Business School in Barcelona - one of the top business schools in Europe
- Global Entrepreneurship and Internship Program (GEIP)
- ACICIS Business Professional Practicum
• 1.5 years full-time or part-time equivalent (with advanced standing)
• 2 years full-time or part-time equivalent (without advanced standing)
Students undertaking courses in all scheduled teaching periods may be able to complete the program in 12-16 months.
For further information about advanced standing see Credits and Masters exemptions.
Depending on your previous studies and experience you could also be eligible for credit towards your program. Credit granted may reduce the amount of study you need to complete.
For more information please see RMIT’s credit transfer and recognition of prior learning policy.
- 1.5 years full-time (with advanced standing)
- 2 years full-time (without advanced standing)
For further information about advanced standing see Credits and Masters exemptions.
International student visa holders can only study full-time.
The Master degree comprises core and elective courses.
- Undertake coursework that introduces core aspects of business practice.
- Showcase your emerging business expertise and problem-solving ability through compulsory courses in the final stage of the program
- Explore a complex problem, and test and evaluate potential solutions with industry and community stakeholders in the course Business Research Design.
It is recommended that you follow the sequence of courses presented in the enrolment structure.
You will start your MBA journey by undertaking functional courses that introduce business concepts, followed by courses that draw upon the learning activities experienced and knowledge acquired to focus on strategy development. These courses in the latter part of the program allow you to showcase your emerging business expertise.
If you are interested in starting up your own business, you may want to find out more about BUSM4598 Business Skills for Start Ups, an elective course that covers the key stages of enterprise formation from concept through to launch.
Program plans
Plans are variations offered for a program such as specialisations, modes of delivery or location. Browse a plan to see the courses our students are currently studying.
MC199EXE15
Melbourne City Campus, Full-time 1.5 years or Part-time equivalent
Program plans
Plans are variations offered for a program such as specialisations, modes of delivery or location. Browse a plan to see the courses our students are currently studying.
MC199EXE15
Melbourne City Campus, Full-time 1.5 years or Part-time equivalent CRICOS 077514D
MC192P15
Melbourne City Campus, Full-time 2 years CRICOS 077514D
Choose a program structure
| Title | Location | Duration | Plan code | CRICOS | ||
|---|---|---|---|---|---|---|
| Master of Business Administration | City Campus |
2 years full-time or part-time equivalent (or 1.5 years FT or PT equivalent with advanced standing)
|
2 years full-time
|
MC199EXE15 | 077514D | |
| Master of Business Administration | City Campus |
2 years full-time or part-time equivalent
|
2 years full-time
|
MC199P15 | 077514D |
Choose a program structure
Program code: MC199
Career
As an RMIT MBA graduate, you’re on the path to business leadership.
You’ll find our MBA Graduates working and leading in professional, commercial, industrial, not-for-profit, NGO public administration and start-up organisations. They perform a wide range of roles, including organisational strategy and innovation, management consultancy, international development coordination, and advice and operations management.
Our MBA program is designed to ensure our graduates enter the business world with the full range of real-world skills necessary to be an effective problem solver from day one. To help our students build these skills, we run a number of industry-relevant programs and electives.
Our comprehensive Business Mentoring Program will assist your career progression and increase your employment opportunities. During the program, you will engage in a range of activities including seminars with guest speakers, group work and case studies, individual mentoring and coaching and career preparation.
The mentoring program covers essential areas such as: leadership in the workplace, power and influence, judgement in decision-making, career and self-management, working in Australian organisations, working in Asia and working in a family business. All our business mentors have at least 15 years experience, are active leaders in their respective fields, and will provide valuable guidance and support.
Students and graduates may be eligible for membership of The Australian Institute of Management (AIM). Membership can offer a variety of resources to assist with your future career development.
For further information about membership and opportunities for students and graduates, please visit our accreditation and membership page.
Admissions
- An Australian bachelor degree or equivalent, or higher level qualification, in a business (or related) discipline from a recognised tertiary institution with a minimum grade point average (GPA) of 1.0 (out of 4.0); or
- An Australian bachelor degree or equivalent, or higher level qualification, in a business (or related) discipline from a recognised tertiary institution and a GMAT overall minimum score of 550; or
- An Australian bachelor degree or equivalent in any discipline with a minimum grade point average (GPA) of 1.0 (out of 4.0) and a minimum of three years full-time equivalent management experience with supervisory responsibilities*; or
- The RMIT Graduate Certificate in Business Administration.
* Applicants will be required to submit a curriculum vitae (CV).
2 year duration
You must have successfully completed:
An Australian Bachelor degree (or equivalent overseas qualification) or higher level qualification in any discipline with a minimum GPA of 1.0 (out of 4.0
OR
An Australian Bachelor degree (or equivalent overseas qualification) or higher level qualification in any discipline and a GMAT overall minimum score of 550.
1.5 year duration
You must have successfully completed:
An Australian Bachelor degree, Graduate Certificate, Graduate Diploma or Masters degree (or equivalent overseas qualification) in Business (or a related discipline) with a minimum GPA of 1.0 (out of 4.0
OR
An Australian Bachelor degree (or equivalent overseas qualification) or higher level qualification in Business (or a related discipline) and a GMAT overall minimum score of 550.
OR
An Australian bachelor degree (or equivalent overseas qualification) in any discipline and a minimum of three years full-time equivalent management experience*.
OR
The RMIT Graduate Certificate in Business Administration.
* Applicants will be required to submit a curriculum vitae (CV).
Entry requirements
To study this program you will need to complete one of the following English proficiency tests:
- IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
- TOEFL (Paper Based Test): minimum score of 580 (TWE 4.5)
- TOEFL (Internet Based Test - IBT): minimum overall score of 92 (with minimum of 20 in all sections)
- Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
- Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component
For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.
Don't meet the English language test scores? Complete an Advanced Plus Certificate at RMIT English Worldwide.
Pathways
Advanced standing
If you have completed an Australian bachelor degree or equivalent, or higher level qualification, in a business (or related) discipline from a recognised tertiary institution, you will receive exemptions from the four business enabling courses.
Masters exemptions
If you have successfully completed one of the following qualifications you will be eligible for exemptions as detailed in the table below.
The masters exemptions listed indicate the maximum exemptions offered, including advanced standing and courses where content matches previous study.
| Qualification level | Masters exemptions offered | Remaining program duration* |
|---|---|---|
| Bachelor degree (AQF level 7) - any discipline and a minimum of three years full-time equivalent management experience | 48 credit points (equivalent to one semester [6 months] of full-time study) | 144 credit points (equivalent to three semesters [1.5 years] of full-time study) |
| Bachelor degree (AQF level 7) - business-related discipline | 48 credit points (equivalent to one semester [6 months] of full-time study) | 144 credit points (equivalent to three semesters [1.5 years] of full-time study) |
| Bachelor degree (Honours) (AQF level 8) - business-related discipline | 48 credit points (equivalent to one semester [6 months] of full-time study) | 144 credit points (equivalent to three semesters [1.5 years] of full-time study) |
| Graduate Certificate (AQF level 8) - in the same discipline | Up to 96 credit points (equivalent to two semesters [1 year] of full-time study) | 96 credit points (equivalent to two semesters [1 year] of full-time study) |
| Graduate Diploma (AQF level 8) - in the same discipline | Up to 120 credit points (equivalent to two-and-a-half semesters [1.5 years] of full-time study) | Up to 96 credit points (equivalent to two semesters [1 year] of full-time study) |
| Master degree (AQF level 9) - business-related discipline | Up to 120 credit points (equivalent to two-and-a-half semesters [1.5 years] of full-time study) | Up to 96 credit points (equivalent to two semesters [1 year] of full time study) |
* Duration indicated is the normal study duration; for some programs spring and summer semesters may be offered, reducing the study time.
If you have a major in a non-business discipline and do meet meet the management experience requirement, you will begin your studies at graduate certificate level. The graduate certificate provides an entry pathway that considers non-managerial work experience and tertiary studies other than in a business-related discipline.
Upon successful completion of the Graduate Certificate in Business Administration you will be admitted to the Master program, which requires the successful completion of further courses.
Credit
You may also be eligible for further credit. Learn more about eligibility for credit transfer and recognition of prior learning.
Exemptions from this program will be assessed consistent with the principles of the RMIT Credit Policy.
Fees
The indicative annual tuition fee for full-fee places in 2019 is AU$35,520* per annum.
This program is offered on a full-fee paying basis only. If you are offered a place, you will need to pay the full tuition costs of your program. However, eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) may apply to defer payment of some or all of their tuition fees via the Commonwealth Government’s FEE-HELP loan scheme.
*Fees shown above apply to 2018 only and are based on an annual full-time study load of 96 credit points unless otherwise noted. A proportionate fee applies for more or less than the full-time study load. Tuition fees are adjusted on an annual basis and these fees should only be used as a guide.
For more information and to learn how to calculate your exact tuition fees see postgraduate study fees.
You may be eligible to apply for the FEE-HELP loan scheme.
FEE-HELP loans are available for eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) enrolling in an eligible full-fee program and can be used to defer payment of up to the full amount of your tuition fee.
How does a HELP loan work?
If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.
You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.
For more information about loan repayment options see Commonwealth assistance (HELP loans) or Study Assist.
In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student. The SSAF is calculated based on your enrolment load and the maximum fee for 2019 is $303.
You may be eligible to apply to defer payment of the SSAF through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.
For more information about calculating your actual SSAF see Paying SSAF.
You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.
The total indicative tuition fee for 2019 commencement is AU$84,480 (full 2 year program plan MC199P15).
For students who meet the entry requirements for the 1.5 years program (program plan MC199EXE15), the total indicative tuition fee for 2019 commencement is AU$62,880.
If you do not meet the entry requirements, you will be offered a place in the full two year program.
In addition to tuition fees you also need to pay for:
- Student services and amenities fee (SSAF) in each calendar year.
- Overseas Student Health Cover (OSHC) - Student visa holders must have cover for the total duration of their visa.
- Some programs incur additional expenses.
You also need to account for your living expenses. Estimate the cost of living in Melbourne.