Master of Blockchain Enabled Business

Master of Blockchain Enabled Business

POSTGRADUATE

Lead blockchain transformation in the new digital economy. 

Student type:
Mode of study:
On campus
Online
Entry score:

Not applicable

Duration:
Full-time 1.5 years
Part-time 3 years
Fees:

AU$32,640 (2022 total)

Next intake:
February
Location:
Melbourne City
Mode of study:
On campus
Online
Entry score:

Not applicable

Duration:
Full-time 1.5 years
Fees:

AU$42,240 (2022 annual)

Next intake:
February
Location:
Melbourne City

Overview

Lead blockchain transformation in the new digital economy. It is reshaping the industrial, employment and social landscape globally. The adoption of digital interaction and ways of doing business has massively increased in recent years.

Labour market reports show that there has been more than 200% year-on-year job growth in this field since 2015, approximately half of which is for people with the skills to understand and communicate its valuproposition, and lead change in the economic, financial, accounting, legal, ethical, business IT and strategic management dimensions of blockchain in all types of industries. 

The rollout of the digital economy is now a worldwide economic imperative, and The Master of Blockchain Enabled Business has been designed to equip you with the knowledge and skills to lead at the frontier of the emerging new digital economy.

RMIT is a global frontrunner in this space, with its world-leading Blockchain Innovation Hub helping to set the national and global agenda for enterprise transformation. The Master of Blockchain Enabled Business is a world first, truly multi-disciplinary applied degree that will prepare you to lead in a globalised, international context in a range of in-demand roles and sectors

What you should know about Blockchain Enabled Business

The blockchain industry is growing, and with it, the demand for qualified graduates with relevant skills. But what exactly is blockchain, and how does it work?

Details

The Master of Blockchain Enabled Business will equip you with the skills you need to manage blockchain in public and private enterprises, through a multi-disciplinary curriculum that brings together in-depth theoretical and practical learning.

You will learn about blockchain and the economy, cryptofinance and fintech, building and using smart contracts, blockchain for trade, and the legal, ethical, accounting and regulatory aspects of new technologies. You will also undertake a project-based capstone subject that brings all these together to solve an industry problem.

Over the duration of this degree, you will experience a variety of approaches to learning and teaching. 

The multi-disciplinary curriculum will expose you to the dimensions of blockchain in business to build a broad base of knowledge and capabilities that will prepare you for the international workforce. You'll learn from experienced professionals and academics who will share their knowledge, research and experience, and assist you in developing skills as an independent and lifelong learner.

The major styles of teaching and learning you can expect to experience in this course will include:

Classroom teaching
Classroom teaching utilises a range of techniques, including lectures, presentations, simulations and group discussion, all designed to maximise your understanding of the curriculum. It is designed to provide an environment where you can ask questions, seek feedback and contribute to class discussion.

Problem-based learning
Working independently or as a group, you will apply knowledge to solve problems and examine case studies that relate to the business problems and challenges you will encounter working in industry.

Assignments and projects
These may be either research- or problem-based. They will provide you with experience with research, and effective writing and presentation for a range of audiences. Assignments are designed to provide a way to receive feedback on your skills development to further enhance your capabilities.

Flexible delivery
Your classes may incorporate extensive use of online teaching resources to support your learning, and for accessing relevant research sites. The University’s learning management system will be used for learning resources such as lecture notes and presentation slides, a range of assessment and feedback tools, discussion boards, quizzes and self-tests.

RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice. As part of your studies, you will have the opportunity to meet and learn from guest lecturers and mentors from industry. 

Many of the subjects you will undertake will include industry-led case studies, and in the capstone subject Innovation Project in Cryptobusiness, you will develop a solution to a real industry problem. 

You will have the opportunity to take part in special electives, including global intensives and business internships.

There are also opportunities to take part in a variety of business competitions, hackathons, and industry-connected student groups and forums at RMIT, including the RMIT Blockchain Association. 

As part of your studies, you may choose to undertake an internship with an organisation in Australia or overseas. 

You will also have the opportunity to join overseas exchange programs and study tours to expand your horizons and learn about other cultures and places. 

Global work, exchange and study experiences

RMIT offers a range of opportunities for our students to study abroad through global work, exchange and study experiences with over 165 partner universities worldwide.

Full-time students can expect 12 contact hours per week (either face to face or online), plus a recommended minimum 24 hours of independent study commitment per week.

The knowledge and skills you will acquire throughout this degree and how they can be applied in your career are described in the learning outcomes.

This degree is structured to allow you to supplement specialised studies in blockchain enabled business with subjects to suit your career or personal development goals. It consists of 12 subjects and includes 10 core subjects and 2 elective subjects.

The two flexible subjects can be selected from eligible open electives (any discipline in RMIT) for which you are eligible, or eligible electives in business, including:

  • Accounting 
  • Finance 
  • Economics 
  • Behavioural business 
  • Marketing
  • International business 
  • Business analytics 
  • Entrepreneurship 
  • Human resource management  
  • Information systems, IS security and risk management 
  • Law 
  • Logistics and supply chain management 
  • Management.

You might also choose from a range of business internship or global study intensive or exchange opportunities.

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

Master of Blockchain Enabled Business
Program code: MC279

Title
Location
Duration
Plan code
CRICOS
Master of Blockchain Enabled Business
City Campus
1.5 years full-time or part-time equivalent
MC279
103206G
Location
City Campus
Duration
1.5 years full-time or part-time equivalent
Plan code
MC279
CRICOS
103206G

Note: International student visa holders can only study full-time.

Career

The Master of Blockchain Enabled Business will equip you for a career as a leader at the forefront of the new global digital economy.

It will prepare you to work in a globalised, international environment as a business analyst, consultant, policy advisor or manager in the many and varied business sectors that adopt blockchain technology, including finance, banking, health, trade, and supply chain and logistics, as well as a range of government and social service agencies requiring expertise in the field.

Admissions

You need to satisfy all of the following entry requirements to be considered for entry into this degree.

An Australian bachelor’s degree or equivalent or higher level qualification, in a business discipline (or related) from a recognised tertiary institution

OR

An Australian bachelor’s degree or equivalent in any discipline from a recognised tertiary institution and a minimum of three years full-time or equivalent, work experience in a relevant industry setting.*

OR

The RMIT Graduate Certificate in Blockchain Enabled Business

 

*Applicants will be required to submit a curriculum vitae (CV) to support their work experience. This might include (but is not limited to) evidence of research, project or operational work; policy and strategy planning work; product design and development, or directing and controlling organisational resources.

There are no prerequisite subjects required for entry into this qualification.

A selection task is not required for entry into this qualification.

You must meet the University's minimum English language requirements to be eligible for a place in this program.

You need to satisfy all of the following requirements to be considered for entry into this degree.

You must have successfully completed:

An Australian Bachelor degree (or equivalent overseas qualification) or higher level of qualification in a business related discipline.

Or

An Australian Bachelor Degree (or equivalent overseas qualification) in any discipline and a minimum of three years full-time or equivalent, work experience in a relevant industry setting.*

Or

The RMIT Graduate Certificate in Blockchain Enabled Business.

* Applicants will be required to submit a curriculum vitae (CV) to support their work experience. This might include (but is not limited to) evidence of research, project or operational work; policy and strategy planning work; product design and development, or directing and controlling organisational resources.

There are no prerequisite subjects required for entry into this qualification.

A selection task is not required for entry into this qualification.

To study this course 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

You can gain entry to this masters degree from a range of RMIT undergraduate programs, if you meet the entry requirements.

Students who successfully complete the RMIT Graduate Certificate in Blockchain Enabled Business will be exempted from completing the four courses completed in the Graduate Certificate in Blockchain Enabled Business (Stage A of the Master of Blockchain Enabled Business), and will be required to complete the eight (8) courses (96 credit points) in Stages B and C in order to qualify for the degree.

You may also be eligible for further credit.

Learn more about eligibility for credit transfer and recognition of prior learning.

Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience.

Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.

Upon successful completion of this masters degree, you may be eligible to undertake further studies in related programs at RMIT University, including postgraduate research programs, subject to the program's entrance requirements.

You can gain entry into this degree from a range of RMIT undergraduate programs.

Credit

Credit may reduce the duration of your study by acknowledging your earlier, relevant study experience.

When you are submitting an application, please indicate that you want to be considered for credit and provide detailed course syllabus (also known as course outline), outlining volume of learning, course content and weekly topics, learning objectives/outcomes, assessment types and their weightings, and reference to the learning resources such as prescribed textbooks and recommended readings.

Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.

Upon successful completion of this degree, you may be eligible for entry into an RMIT Masters by Research or Doctoral (PhD) program.

Fees

2022 indicative fees

  • Full-fee places: AU$32,640.

Additional expenses

  • Student services and amenities fee (SSAF): AU$315 maximum fee for 2022.
  • 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.

Paying your fees and applying for refunds

For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.

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 2022 is $315.

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.

FEE-HELP loans

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.

SA-HELP Loans

You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.

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.

This program is approved for income support.

You may be eligible for student income support payments from the Commonwealth Government if you are undertaking a graduate certificate, graduate diploma or an approved professionally oriented masters by coursework program. For more information see Income support for Masters students.

If you are enrolled in an eligible program you will also need to satisfy all other student payment eligibility requirements. You can contact Centrelink or Services Australia for further information about student income support entitlements, your eligibility and how to apply.

You may be eligible to apply for income tax deductions for education expenses linked to your employment.

See the Australian Taxation Office (ATO) for more information.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

The annual tuition fee for 2022 is AU$42,240.

The total indicative tuition fee for 2022 commencement is AU$63,840.

In addition to tuition fees you also need to pay for:

You also need to account for your living expenses. Estimate the cost of living in Melbourne.

Find out more details about how fees are calculated and the expected annual increase.

Applying for refunds

Find information on how to apply for a refund as a continuing international student.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

Frequently Asked Questions (FAQs)

Looking for answers or more general information?

Use our Frequently Asked Questions to learn about the application process and its equity access schemes, find out how to accept or defer your offer or request a leave of absence, discover information about your fees, refunds and scholarships, and explore the various student support and advocacy services, as well as how to find out more about your preferred program, and more.

aboriginal flag
torres strait flag

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 'Luwaytini' by Mark Cleaver, Palawa.

aboriginal flag
torres strait flag

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.