Master of business administration (MBA) In Australia:
Business and management students in Australia have the opportunity to learn in an environment that is uniquely placed between eastern and western cultures and economies. They develop a cultural understanding that, in the era of global development, is quickly becoming an important element of business success.
What an MBA offers you?
The Australian Master of Business Administration (MBA) is an internationally recognized Degree that provides students with practical and theoretical knowledge of how people and processes work within the business world and in the wider community.
Australia’s universities offer around 90 internationally recognized MBA programs. Most courses are delivered over a period of one to two years of full-time study. However, most students taking Australian MBAs study part-time, while they continue to work and this can take several years (up to four years or longer in some cases).
As well as providing education benefits, the Australian MBA also offers worldwide networking opportunities, expanded personal skills and career enhancement.
An Australian MBA course will improve your skills by promoting your ability to work as an effective team member, to lead others, and to develop strong interpersonal relationships through increased self-confidence, and communication, presentation and negotiation skills.
Basic subject areas of an MBA:
The Australian MBA introduces students to the various business disciplines and prepares them for general management roles. In general, MBA and business schools in Australia have the following compulsory units of study:
- accounting
- economics
- finance
- human resources management
- marketing
- operations
- organizational behavior
- data analysis/statistics
- business policy/strategy
Specializations within the MBA:
There are around 20 specializations offered within Australian MBAs, ranging from international management to Chinese language to health services management. Specialist programs allow students to focus on their professional area while learning the fundamentals of business and management. Students also have the option of studying an MBA in combination with another Masters program. There are a number of providers that offer these MBA combined programs.
Study Modes In MBA:
Australian MBAs are available through full-time and part-time study, and can also be taken through distance education, and mixed-mode, which involves a combination of external and on-campus study. Not every MBA provider will offer every study mode so it’s important to check with providers you’re interested in.
MBA Workload:
MBA programs typically have an extremely heavy workload due to the amount of subject matter covered, and to simulate the demanding workload of a senior executive. The heavy workload is also designed to give students the opportunity to develop good time management skills, which will be essential during their careers.
Average Tuition Costs Of MBA In Australia:
- AUD$16 320 - $52 000 for international students
Fees range widely due to differing course lengths and provider requirements so it’s important to check fees with individual providers.
Beyond The MBA:
Another development for professionals who have completed an MBA or equivalent is the Doctor of Business Administration (DBA). The DBA provides an opportunity to further advance knowledge and understanding in an area of interest, and is achieved through applied research and some coursework study.
