Master of Business Administration
Student type:
Quick facts
-
Entry score
Not applicable
-
Duration
Full-time 1.5 years or Part-time equivalent -
Location
Melbourne City -
Fees
AU$37,440 (2020 annual)
Next intake
February, July Entry score
IELTS 6.5
Duration
Full-time 2 years or 1.5 years accelerated Location
Melbourne City
Overview
Push your boundaries
This degree is one of the most practical MBAs in Australia and beyond. Through this course, you will develop the capabilities, knowledge and tools to be successful in any industry or entrepreneurial venture around the world.
Choose your MBA
This degree is suited to young and aspiring professionals with limited experience. It has been carefully designed to provide you with industry connections, job-ready skills, knowledge, and real-world experience.
If you’re an experienced professional and you are looking to expand your career, the Executive MBA is tailored to facilitate your next step into senior management.
Prepare to lead
Take the next step in your career with our unique, industry-connected and design-thinking centred MBA, run by Australia’s largest business college. The RMIT MBA is ranked #11 in Oceania, and our graduates are widely acknowledged as job-ready by the business community. Other benefits of this unique and challenging degree include:
Study entirely online
The Master of Business Administration is also available via online delivery.
Details
Our MBA is designed to challenge you, to build real-world business skills, and to teach you creative problem-solving techniques. It’s suited to those beginning their careers, or with limited professional experience. Established professionals should explore the Executive MBA.
Guided by committed and experienced academics and industry practitioners, you’ll study with like-minded peers from a wide range of educational and cultural backgrounds. You will work closely with industry on real-world projects, form professional connections, and become a part of our worldwide network of alumni that you will keep throughout your career.
You’ll graduate with a sound understanding of business fundamentals, a new perspective on problem solving, and a set of business skills that you can immediately apply in professional situations.
You will experience a variety of teaching and learning approaches, including lectures, tutorials, working collaboratively and independently. Lectures deliver comprehensive reviews of the world's best practice, while tutorials offer facilitated discussion. Fact-based case studies are important elements of study, and bring authenticity to your learning experience.
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.
In face-to-face learning, you’ll be taught in small groups and surrounded by peers from various educational backgrounds, including architecture, engineering, science, business and arts. Your fellow students will come from a range of cultural backgrounds as well, with many students from Asia-Pacific, Europe, the Middle East, North America, and Africa.
This degree is also offered at RMIT's Vietnam campus.
Work-connected and industry-relevant opportunities available include:
Postgraduate Business Internship Elective
Take up a position in a partner organisation for one or two days a week over a semester. This position is normally unpaid, and is designed to develop your soft skills and increase your overall employability.
Business Consulting
Working in teams, you will choose from a list of exciting business briefs, and undertake a piece of professional business consultancy for a live client. This capstone subject is your chance to apply everything you’ve learned from your MBA journey and prove you have the skills, knowledge and mindset to perform in a demanding and challenging business problem.
Industry partners
The RMIT MBA has industry partnerships with several global organisations, ensuring our students graduate with industry-informed knowledge and important professional connections.
MBA Advisory Board
This degree is supported by an advisory board that helps steer curriculum development to ensure that 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 Capgemini Australia, Mandarin Oriental Hotel Group, KPMG, Australian Super, The Lens Group, National Australian Bank (NAB), Medibank Private, Banksia Foundation, Bank of America, Vollie, and Oxfam Australia.
We encourage our students to undertake international study tours that are offered by other schools in the College of Business in a variety of locations, including Spain, the US and China, where students can combine travel and cultural experiences with intensive coursework, and for which you can earn course credit.
Every year, we offer a study tour elective in Vietnam focusing on the Asian management issues. This seeks to help you develop a range of perspectives and skills to improve your understanding of the complexities of managing a business in a developing economy in Asia.
Students also have the opportunity to participate in virtual international experiences delivered online through central university international activities.
Other global mobility options available include:
- 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 subjects in all scheduled teaching periods may be able to complete the degree in 12-16 months.
Depending on your previous studies and experience, you could also be eligible for credit towards your degree, reducing 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.
Our MBA degree consists of 12 subjects delivered across two study periods.
Full-time students complete four subjects per study period, with classes typically held during the day.
Part-time students complete two or more subjects per study period with classes usually held in the evening.
You may also be interested in studying some or all of your subjects online.
This degree comprises of 12 subjects.
Your journey begins with core subjects in design thinking, leadership and management, marketing for managers, and financial analytics. You will then be immersed into management of technology and innovation, strategy, and business data analytics.
After completing your core subjects, you can tailor your MBA through a range of specialised electives in three concentration areas: design thinking, technology and innovation, and leadership. These specialisation subjects aim to sharpen your capabilities and expose you to new perspectives and the challenges that modern businesses face.
The final stage of your journey is the Business Consulting subject, in which you will learn how to effectively design, research, and manage a business-consulting project that meets a real client’s needs.
You may also undertake and receive course credit for a business internship or a study tour.
Choose a program structure
Choose a program structure
Program code: MC199
Career
Our RMIT MBA will help you change industry, immerse you into the global business world, and even open up opportunities for you in new countries and around the world. We aim to help you become an ethical business leader.
Our graduates work and lead professional, commercial, industrial, not-for-profit, NGO public administration and start-up organisations all over the world. They perform a wide range of roles, including organisational strategy, management consultancy, operations management, marketing managers, international business development and coordination, and as innovation champions.
Meet Tina Dochana
"It really gave me the tools I needed, and now I can go out and help anyone with their startup. I see the world differently. It's enabled me to become a leader."
Course accreditation or membership offered by professional bodies signals to employers the quality and relevance of RMIT's courses and opens up career pathways and networks.
Professional bodies accredit or recognise courses as meeting professional and academic standards deemed to be essential for a new graduate entering into that profession. An accredited course will either enable the graduate to enter directly into a professional qualifications program or provide the graduate with exemptions or credit towards a post university professional qualification.
Statutory accreditation
This type of accreditation is where a statutory body must approve a course of study in order for a graduate to practise in that profession.
Membership
Professional bodies or associations are representative organisations of professions that provide membership and other career development support to its members. Many professional bodies offer membership opportunities for students and new graduates with benefits such as career advice, networking within the profession and access to resources not available through the university. The aim of these benefits is to assist with your transition from university into the profession.
Master of Business Administration
Current course accreditations and information about membership and development opportunities for students and graduates.
Institute of Managers and Leaders (IML)
Membership and opportunities
- Students may be eligible for membership category: Affiliate, Member or Associate Fellow (depending on experience)
- Graduates may be eligible for membership category: Affiliate, Member or Associate Fellow (depending on experience)
Visit the Institute of Managers and Leaders website
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 (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
- 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 English for Academic Purposes (EAP) 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
2020 indicative annual fees
- Full-fee places: AU$37,440*.
Additional expenses
- Student services and amenities fee (SSAF): AU$308* maximum fee for 2020.
- Other items related to your program, including field trips, textbooks and equipment.
Annual fee adjustment
*Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.
Fees are adjusted on an annual basis and these fees should only be used as a guide.
Defer your payment
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.
Learn more about fees for postgraduate study.
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 2020 is $308.
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 annual tuition fee for 2020 is AU$43,200.
The total indicative tuition fee for 2020 commencement is AU$88,320 (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 2020 commencement is AU$65,760.
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.