Melbourne Business School coursework programs guide 2016

GLOBAL. BUSINESS. LEADERS.

mbs.unimelb.edu.au

Master of Management Suite Master of International Business Specialist Masters and Diplomas

Global. Business. Leaders.

Melbourne Business School

We are a leading provider of management education in the Asia Pacific region offering graduate programs that meet the needs of business professionals at key stages of their careers. Our portfolio ranges from programs for new graduates

and early career professionals, to budding entrepreneurs and those taking the next step to lead organisations.

At Melbourne Business School we will help you develop yourself, your team, your function and

your organisation. Your education is about so much more than your current job or aspirations. A broad range of core and elective subjects means you can not only explore subject areas in depth but test and develop new talents and areas.

Melbourne Business School is where academic rigour and the relevance of the business world come together to equip emerging leaders with the knowledge, research insights and skill to lead and have an impact.

Professor Zeger Degraeve

Dean, Faculty of Business and EconomicsDean, Melbourne Business School

Professor Paul Kofman

Dean, Faculty of Business and EconomicsSidney Myer Chair of Commerce

Study with us 04

Invest in your future at Melbourne Business School 06

Our disciplines 08

Master of Management programs 10

Master of Management 12

Master of Management (Accounting) 14

Master of Management (Accounting and Finance) 16

Master of Management (Finance) 18

Master of Management (Human Resources) 20

Master of Management (Marketing) 22

Master of Management elective subjects 24

Master of International Business 26

Master of International Business 28

Specialist masters and diplomas 30

Master of Actuarial Science 32

Graduate Diploma in Actuarial Science 33

Master of Commerce (Actuarial Science) 34

Master of Economics 36

Graduate Diploma in Economics 37

Master of Finance 38

Graduate Diploma in Finance 39

Master of Commerce (Management) 40

Master of Commerce (Marketing) 42

Master of Supply Chain Management 44

Master of Enterprise 46

Master of Enterprise (Science) 48

Master of Business Analytics 52

Master of Marketing 53

Master of Marketing Communications 54

Graduate research programs 56

Pathways to research 57

Student life at MBS 58

The city of Melbourne 59

Scholarships 60

The application process 61

Program fees 62

How to apply 64

Program portfolio 66

Contents

Contents

03


Study with us

Programs Duration / format Entry requirements GMAT or GRE

Work experience Page

Master of Management programs

Master of Management (2 year programs)

Master of Management

(Accounting and Finance)

2 years full-time

4 years part-time

» An undergraduate degree in a cognate discipline,

or equivalent, including studies in subjects related

to Accounting and Finance; or

» An undergraduate degree with a minor sequence

of study in a cognate discipline; and a

» Statement of intent in seeking entry

» English language proficiency

Not

requiredNot required 16


2 years full-time

4 years part-time

» An undergraduate degree in any discipline,

or equivalent, and a



Not

requiredNot required

12





Master of Management (1.5 year programs)


1.5 years full-time

3 years part-time

» An undergraduate degree in a business/commerce

discipline, or equivalent, or

» A degree with business breadth or minor,

as determined by the program director



Not

requiredNot required

12





Master of International Business


(2 year program)

2 years full-time

4 years part-time

» An undergraduate degree in any discipline,

or equivalent


» English Language proficiency

Not



(1.5 year program)

1.5 years full-time

3 years part-time

» An undergraduate degree in business/commerce,

or equivalent



Not


Specialist masters

Master of Actuarial Science2 years full-time

4 years part-time

» Undergraduate or postgraduate degree with the

equivalent of a major in mathematically based subjects

(e.g. mathematics, physics, or engineering)



GRE*Not

required32

Master of Commerce (Actuarial Science) 1 year full-time

2 years part-time

» Undergraduate or postgraduate degree in actuarial

science or similar with at least H2A (75%) average



GRE*Not

required34

Master of Business Analytics 1 year full-time

» Undergraduate degree with a credit average or above

» Evidence of academic success in quantitative subjects

and a natural talent and passion for working with data


» Interviews will be required for shortlisted applicants

Not

required

Not

required52

05Study with us

Programs Duration / format Entry requirements GMAT or GRE

Work experience Page

Specialist masters (continued)

Master of Economics2 years full-time

4 years part-time

» An undergraduate or postgraduate degree with

a strong analytical or mathematical component

and with at least H2A (75%) average



GRE*Not

required36

Master of Finance2 years full-time

4 years part-time

» An undergraduate degree or equivalent in a relevant

discipline, with studies in Business Finance, Investments

and Corporate Finance, or their equivalents



GMAT or

GRE*

Not

required38

Master of Commerce (Management)1.5 years full-time

3 years part-time

» Undergraduate or postgraduate degree with a major

in management, marketing or a related discipline

with at least H2B (70%) average, or equivalent



GMAT or

GRE*

Not

required40

Master of Commerce (Marketing)1.5 years full-time

3 years part-time

» An average of at least H2B (70%) in the best three

subjects in the disciplines of Management and

Marketing in the final year of study



GMAT or

GRE*

Not

required42

Master of Marketing 1.5-2 years part-time

» Entry to the Master of Marketing is via the part-time

Graduate Diploma in Marketing (first nine core subjects

of the Master degree). Students undertaking the

Graduate Diploma in Marketing achieving a 70%

grade average can request a transfer to the Master of

Marketing after completing a minimum of seven subjects

» Undergraduate degree in any discipline

Not

requiredMinimum 2 years 53

Master of Marketing Communications1.5-2 years full-time

3-4 years part-time

» An undergraduate degree with an average equivalent

to H2B (70%)

Not

required

Not

required54

Master of Supply Chain Management

12 x 1 or 2 week intensive

modules over 1.5 years

» Please see the relevant course page for entry

requirements

Not

required

Minimum

3 years

44

Master of Enterprise 46

Master of Enterprise (Science) 48

Graduate research programs

PhD and Doctoral programs 3-4 years full-time

» The equivalent of an Australian four year honours degree

in an area that is relevant to the research degree being

applied for, with a research component that accounts for

at least 25% of the work at fourth year or master’s level,

with a minimum grade average of H2A 75-79%

» A statement of intent


GMAT or

GRE

Not

required56

Master of Commerce1 year full-time

2 years part-time

» A four-year honours degree in Actuarial Studies,

commerce or a related discipline with a minimum

of H2B, 70-74% standard from an Australian university; or

» A preliminary course, normally the relevant

postgraduate diploma, at an overall standard

of at least H2B 70-74%; and

» A statement of intent


GRENot

required56

* The GMAT or GRE is not mandatory for applicants who have previously completed their undergraduate degree at an Australian or New Zealand University, or who meet one of the approved conditions for an exemption (see page 61 for further information).

For more information about the MBA suite of programs, Master of Business Analytics or Master of Marketing please visit mbs.edu/programs

Invest in your future at Melbourne Business School

When choosing a university in which to earn your degree, you want to know that at the end of your study, you can work anywhere in the world.


Melbourne Business School is accredited internationally by the Association to Advance Collegiate Schools of Business (AACSB) International. AACSB is a global, non-profit membership organisation of educational institutions, businesses and other entities devoted to the advancement of management education.

Our MBA programs are accredited by the EFMD Quality Improvement System (EQUIS). EQUIS is a leading international system of quality assessment, improvement and accreditation of higher education institutions in management and business administration.

AACSB Accreditation EQUIS Accreditation

“I came out of the Master’s with greater perspective and a more well-rounded education which ultimately gave me the edge.”

Andrew Lewinsky completed the Postgraduate Diploma in Finance and the Master of Management (Marketing) at MBS, and is now employed in the GE Financial Management graduate program.

International ranking

Market leader

The University of Melbourne

leads other Australian Universitiesin the Academic Ranking of World Universities, Shanghai Jiao Tong University.

Economics & Econometrics

Flexible and part-time study options

The University of Melbourne is ranked Most of our

programs are offered on a part-time basis*

and a large number of our classes are offered in the evenings.

Classes at MBS are taught on campus, with a mix of lectures, seminars and tutorials. Selected subjects are also offered in an intensive mode during weekends and over the summer and winter semesters.

* Due to visa requirements, international students must study full-time.

1st in Australia for Economics & Econometrics in the 2015 QS World University Rankings by Subject.

Business and Management

The University of Melbourne is ranked

1st in Australiafor Business and Management in the 2015 QS World University Rankings by Subject.

The University of Melbourne is one of the world’s leading universities. It consistently ranks highly across the major international ranking systems:

Global reputation

13th GloballyIn the QS Employer reputation index 2014-2015, a survey of employers’ opinion on quality graduates.

The University of Melbourne is ranked

07Invest in your future

“Studying at MBS has opened up numerous career opportunities for me. My analytical and quantitative skills, along with my overall business knowledge have vastly improved.”

Melanie Alforque studied the Bachelor of Arts, then completed her Master of Management in 2013 and is now employed as a Marketing Graduate (Foods) at Mondelez International.


AccountingThe University of Melbourne has taught accounting since 1925 and has built a strong reputation as a premier educator in the field. Today, the Department of Accounting proudly maintains and enhances that reputation. As Australia’s leading accounting department, it attracts high calibre academic staff and students.

Accounting in today’s business world is extremely sophisticated. An accountant is a strategic adviser and business partner who must have an in-depth understanding of business issues and processes, as well as the skills necessary for sound decision-making. Accounting studies will equip you with the skills to produce and interpret financial information that reflects how organisations operate and perform. You will learn how to produce this information for a wide range of users, including external firm stakeholders like shareholders and creditors, and also for managers within an organisation.

Actuarial StudiesActuarial Studies is a discipline well-known for its quantitative aspects and mathematical rigour. A graduate qualification in this area provides a natural pathway to working in the insurance sector and can offer real competitive advantages in today’s financial services industry. An Actuary’s work is based upon a multi-disciplinary background of mathematics, statistics, demography, finance and economics. The Centre for Actuarial Studies is located within the Department of Economics. The Centre is one of the six teaching units in Australia that are fully accredited by the Actuaries Institute. Members of the Centre undertake research in insurance, superannuation, financial mathematics and related areas. Our actuarial programs are firmly established and conducted by academics respected in their fields.

EconomicsEconomics provides skills in problem solving for business and government. It examines ways to understand what happens in markets, the performance of national economies and approaches for analysing and interpreting data. Ultimately, economics facilitates better decision making about the myriad of problems you will confront in the commercial world or in government.

Economics students at MBS reap the benefits of studying with the leading economics department in Australia. Subjects are taught by some of the world’s best economists – scholars whose research places them at the forefront of their discipline and who regularly advise government and international agencies. The Department of Economics has several dedicated research units attracting local and overseas academics, and continually pushes the boundaries of knowledge in the fields of economics and econometrics. The Faculty of Business and Economics is also home to the Melbourne Institute, Australia’s leading and longest standing research institute in the field of economics.

FinanceFinancial markets, products and practices are fast-evolving, posing challenges for practitioners who must keep pace with increasingly complex products. Finance programs at MBS have been designed to prepare students for these professional demands by blending the best of academic knowledge and professional practice.

Finance programs at MBS are developed and taught by academics from the Department of Finance, one of the few Australian university departments exclusively committed to this discipline. The Department is internationally recognised for its world standard research, research training, and undergraduate and postgraduate education in the

discipline. The global relevance of its curriculum is evidenced by its program partnership with the CFA Institute.

In addition to a solid grounding in finance theory, students can gain practical knowledge from industry professionals engaged by the department to teach in selected subjects.

ManagementManagement is about getting the most out of resources, adding the most value or getting the best return. It can be about self-management; prioritising one’s own time, energy and effort. It is also about managing other people. An effective manager is a catalyst, broker, facilitator, coach and people developer.

At MBS the Management discipline encompasses specialised areas including consulting, human resource management, international business, operations management and managing contemporary businesses and organisations.

Our Management programs are taught by some of the finest Australian and international academics acclaimed for their innovative teaching and engaging subject matter.

MarketingMarketing is about identifying and understanding customers and giving them what they want. Effective marketing is everything that needs to be done in order to deliver the products and services to the customer, including research, planning, pricing, packaging, promotion, selling and distribution.

Marketing programs at MBS are designed and taught by academic staff known for their top-tier research, high-quality teaching performance and engagement with industry. Many consult to businesses, government and within the not-for-profit sector.

09Our disciplines

Our disciplines

The Master of Management suite of programs consists of the:

»Master of Management

»Master of Management (Accounting and Finance) – 2 year program

»Master of Management (Accounting)

»Master of Management (Finance)

»Master of Management (Human Resources)

»Master of Management (Marketing)

Foundation subjects are taken in the first semester of study, followed by a sequence of compulsory discipline core and elective subjects depending on the area of chosen specialisation. The number of electives you may choose varies with each degree.

For details, please visit: handbook.unimelb.edu.au

Program lengthGraduates with a degree in business/commerce or related discipline are eligible for entry to the Master of Management (Accounting and Finance), or entry to any of the 1.5 year programs. Graduates with a degree in any discipline are eligible for entry to the 2 year program.

Master of Management Programs

Our Master of Management suite is designed for recent graduates from all disciplines, those with minimal or no work experience and early career

changers. The degrees are designed to give you a sound business foundation and perspective, and specialised knowledge in your area of choice.


“I realised that if I wanted to grow fast in my career, technical skills were not enough and I needed to develop management skills to gain a holistic view of business. I chose the Master of Management which has made me realise I have a passion toward leadership roles.”

Darshin Desai studied Information Technology and worked in investment banking before enrolling in the Master of Management.

11Master of Management Programs


The Master of Management provides foundational business training, as well as specialist training in organisational management. The program covers a broad spectrum of management activities including all the key areas needed to become a successful manager and leader, such

as managing innovation and change, motivating and leading people, developing strategies for national and global markets, and developing customer-oriented organisations.

Who is it for?This program is ideal for students holding an undergraduate degree in an area outside of business/commerce whose goal may be to assume a managerial position in their particular field of expertise. The program is also suited to business/commerce students who wish to add a specialisation in management to their portfolio.

Program details »Entry in either Semester 1 (February) or Semester 2 (July)

»Parkville campus

Credit for prior studiesThe Master of Management (Marketing) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.

Entry requirements*:

An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the course. In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent.

The Selection Committee may seek further information to clarify any aspect of an application.

The minimum English language requirements for this program are Band 6.5.

1.5 year program (150 points)

Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be admitted into the 1.5 year (150 point) program.

»2 year program:

CRICOS 064496G

Fees (indicative)Local student (Aust. full fee)

Cost per year$30,560 ($3,820 per 12.5 credit point subject)

Indicative cost of degree $62,648 (2 year program)$46,604 (1.5 year program)

Local student (CSP)

Cost per year $10,440 full-time ($1,305 per 12.5 credit point subject)

Indicative cost of degree Please refer to mbs.unimelb.edu.au/faqs

See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP.

International student

Cost per year $38,656 AUD full-time ($4,832 per 12.5 credit point subject)

Indicative cost of degree $79,245 (2 year program) $58,950 (1.5 year program)

These fees are indicative only and subject to change.

See page 63 for information about fees including

options to finance your degree.

* minimum entry requirements do not guarantee

entry. See page 61 for more information.

Career outcomes

Graduates of this program are employed in roles such as:

Associate Project Manager, IBM Australia

Business Analyst, Oakton

CMB Management Trainee, HSBC China

HR Graduate, ANZ

Management Consultant, Ernst & Young


Master of Management program outline:

The Master of Management degree usually comprises a 200-point program, however you may be eligible to earn your degree with 150 points depending on previous studies.


2 foundation subjects: » Business Analysis and Decision Making

» Managing for Value Creation

4 discipline core and 1 capstone subject » Management Competencies

» Marketing Management

» People and Change

» Project Management

» Strategic Management (Capstone)

5 elective subjectsThree subjects selected from the list below

and a maximum of 2 additional electives

from the list below or from the list of

Master of Management general electives

(pages 24-25).

» Consulting Fundamentals

» Foundations of Entrepreneurial Practice

» Leadership and Team Dynamics

» Leading for Strategic Advantage

» Management and Business

Communication

» Managerial Psychology

» Managing Innovation and

Entrepreneurship

» Managing Organisational Change

» Managing Stakeholders

» Operations and Process Management

» Social Entrepreneurship

» Supply Chain Management

» Sustainable Business Practices

2 year program (200 points)

4 foundation subjectsOne of:

» Accounting for Decision Making

» Financial Management

» Managerial Economics

One of:


» Managing People

Both of:

» Business Analysis and Decision Making


4 discipline core and 1 capstone subject » Management Competencies



» Project Management

» Strategic Management (Capstone)

7 elective subjectsFour management electives selected from

the list below and a maximum of 3 additional

electives from the list below or from the list

of Master of Management general electives

(pages 24-25).


» Foundations of Entrepreneurial Practice


» Leading for Strategic advantage

» Management and Business

Communication


» Managing Innovation and

Entrepreneurship

» Managing Organisational Change


» Operations and Process Management

» Social Entrepreneurship

» Supply Chain Management


“I enjoy most how applicable the course content is to real life situations. It’s the right balance of academia and hands-on practicality through case analyses of actual businesses and world events that impact people and companies.”

Stephanie Smith studied the Bachelor of Arts and previously worked in management consulting before enrolling in the Master of Management.

13Master of Management

Master of Management (Accounting)

The Master of Management (Accounting) provides specialist training in accounting and enables students to develop their knowledge and skills in financial accounting, managerial

accounting, auditing, taxation, corporate finance and accounting information systems.

Who is it for?The Master of Management (Accounting) is suited to students who have an undergraduate degree in areas outside of business/commerce who wish to practice accountancy. The program is also suited to business/commerce students who wish to add accounting to their portfolio.

Professional accreditationThis degree is certified by CPA Australia and Chartered Accountants Australia and New Zealand. Successful completion of the Master of Management (Accounting) prepares students to apply for entry to the Chartered Accountants Australia and New Zealand (CA ANZ) or Certified Practising Accountant (CPA Australia) professional studies program.


»Parkville campus

Credit for prior studiesThe Master of Management (Accounting) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.



An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the program.

In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application.




»2 year program:

CRICOS 064496G




Local student (CSP)












Career outcomes


China Management Trainee, Jardine Matheson

External Auditor, Deloitte & Touche Singapore

Financial Analyst, Schweppes Australia

Manager, Forensic Services, PwC

Taxation Accountant, KPMG Australia


Master of Management (Accounting) program outline:

The Master of Management (Accounting) degree usually comprises a 200-point program, however you may be eligible to earn your degree with 150 points depending on previous studies.


1 foundation subject* » Management Competencies

OR » Managing for Value Creation

8 accounting core subjects » Auditing and Assurance Services

» Corporate Reporting

» Financial Accounting

» Information Processes and Control

» Legal Issues for Accountants

» Strategic Cost Management

» Strategic Performance Management

» Taxation for Business Decision Making

1 capstone subjectIntegrated Accounting Studies

2 elective subjectsStudents must select two additional

subjects from the list of recommended


(pages 24-25).

* If either Accounting for Decision Making or Financial

Management (or equivalent) has not previously

been taken, students must enrol in either/both

of these subjects in their first semester of study.

These subjects will take the place of general electives.


5 foundation subjects » Accounting for Decision Making



» Quantitative Methods for Business

And one of:

» Management Competencies



8 accounting core subjects » Auditing and Assurance Services








1 capstone subject Integrated Accounting Studies

2 elective subjectsStudents must select two additional

subjects from the list of recommended


(see pages 24-25).

“The Master of Management (Accounting) has complimented my undergraduate engineering degree by giving me greater business acumen, that can often be lacking for technical professionals, and puts me in a better position to rise to a management-focussed position in the engineering field.

Richard Cole is currently studying the Master of Management

15Master of Management (Accounting)

Master of Management (Accounting and Finance)

The Master of Management (Accounting and Finance) provides foundation and advanced studies in the disciplines of accounting and finance. Advanced levels of knowledge and

skill in the two disciplines of accounting and finance are developed through a combination of core and elective subjects.

Through the appropriate selection of subjects students are able to meet the professional requirements of CPA Australia and Chartered Accountants Australia and New Zealand. The program also provides advanced competencies, professional skills and knowledge in the finance discipline that will prepare graduates for entry into the finance profession.

Who is it for?The Master of Management (Accounting and Finance) is suited to business/commerce students who wish to add accounting and finance to their portfolio.

Professional accreditationStudents wishing to apply for entry to the Chartered Accountants Australia and New Zealand (CA ANZ) or Certified Practising Accountant (CPA Australia) professional studies program must complete the following subjects as part of the Master of Management (Accounting and Finance):

»Auditing and Assurance Services

»Corporate Reporting

»Financial Accounting


»Legal Issues for Accountants

»Strategic Cost Management

»Strategic Performance Management

»Taxation for Business Decision Making


»Parkville campus


An undergraduate degree in business/commerce or equivalent, including introductory studies in subjects related to Accounting and Finance; or an undergraduate degree with business breadth or minor as determined by the program director; and a statement of intent.

Meeting these requirements does not guarantee selection.

In assessing applications, the Selection Committee will consider: prior academic performance; and the applicant’s statement of intent.



»CRICOS 085103A



Indicative cost of degree $62,648 (2 year program)

Local student (CSP)






Indicative cost of degree $79,245 (2 year program)






Career outcomes

Graduates of this program are likely to be employed in roles such as:

Company Financial Accountant

External Auditor

Financial Analyst

Investment Banker

Management Consultant


Master of Management (Accounting and Finance) program outline:

Discipline core subjects Students must complete all three

of the following finance subjects:

» Corporate Financial Policy

» Derivative Securities

» Investment Management

Students must complete all three

of the following accounting subjects

(upon meeting prerequisite requirements):

» Auditing and Assurance Services



Capstone subject Students must complete one of the

following subjects in their final semester

of study:

» Capstone Studies in Finance ++

» Integrated Accounting Studies +

Elective subjects: Students must select at least three

Finance subjects from the following list:

» Ethics in Finance

» Financial Spreadsheeting

» Fundamentals of Portfolio Management

» International Financial Management

» Project Finance

» Property, Investment & Development

(new line) Finance

» Public Sector Financial Management

» Treasury Management

Students must select at least three

Accounting electives from the subjects

required for professional accreditation

or the following list:

» Accounting Information

and Security Valuation

» Advanced Auditing and

Assurance Services

» Business Risk Management


» Financial Statement Analysis

» Forensic Business Processes


» Issues in Corporate Reporting


» Managing Information Technology


» Strategic Management Accounting

» Sustainability Accounting


Students can select up to three subjects

chosen from the list of recommended

Master of Management general electives.

Please note:

+ Students undertaking the Accounting capstone

Integrated Accounting Studies must complete the

pre-requisite subjects Strategic Cost Management

and Corporate Reporting or equivalent.

++ Students undertaking the Finance capstone

Capstone Studies in Finance must complete the

pre-requisite subject Derivative Securities.

Bachelor of Engineering (Civil)

Master of Management (Finance)

Graduate Civil Engineer, Leighton Contractors

Charles Edwards

17Master of Management (Accounting and Finance)


The Master of Management (Finance) provides graduates with advanced competencies, professional skills and knowledge in the finance discipline

which will prepare them for entry into the finance profession.

Who is it for?This degree is ideal for students holding an undergraduate degree in an area outside of business/commerce whose goal may be to assume a managerial position in the field of finance. The degree is also suited to business/commerce students who wish to add finance to their portfolio.


»Parkville campus

Credit for prior studiesThe Master of Management (Finance) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.


2 year program

An undergraduate degree in any discipline, or equivalent; and a statement of intent outlining why they wish to be considered for the course. In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application.




»2 year program: CRICOS 064496G




Local student (CSP)



Based on 2015 Student Contribution Amounts. See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP.









Career outcomes


Analyst, UBS Hong Kong Investment Banking Division

Banking Associate, Standard Chartered Bank

Financial Dealer, Shanghai Stock Exchange

Financial Investment Manager, Abacus Seychelles Ltd

Graduate Finance Officer, Queensland State Government

Investment Banker, Deutsche Bank Hong Kong


Master of Management (Finance) program outline:


1 foundation subject*Management Competencies

OR Managing for Value Creation

3 finance core subjects » Corporate Financial Policy



1 capstone subject Capstone Studies in Finance

7 elective subjectsStudents must select a minimum of

4 finance electives from the list below




(see pages 24-25 for details).





» Project Finance


(new line) Finance



* If either Accounting for Decision Making or Financial

Management (or equivalent) has not previously been

taken, students must enrol in either/both of these

subjects in their first semester of study. These subjects

will take the place of general electives.


5 foundation subjects » Accounting for Decision Making


» Quantitative Methods for Business

Plus two of:




» Managing People

3 finance core subjects » Corporate Financial Policy



1 capstone subjectCapstone Studies in Finance


3 finance electives from the list below


selected from the list below or from the

list of Master of Management general

electives (see pages 24-25 for details).





» Project Finance


(new line) Finance



“This program has provided a strong framework drawing my previous experience into a coherent narrative and for pursuing a focused career path. I have been lucky enough to gain a fantastic offer in banking after graduation as a direct result of undertaking this degree.”

Jophiel Bushnell completed the Bachelor of Environments before undertaking the Master of Management (Finance)

19Master of Management (Finance)

Master of Management (Human Resources)

The Master of Management (Human Resources) covers the broad spectrum of management activities needed to become a successful manager and leader, including:

managing people; developing and implementing a strategic approach to managing an organisation’s human resources; motivating and rewarding employees; dealing

with stakeholders; analysing data and developing HR policy and practice responses.

Who is it for?This program is ideal for students holding an undergraduate degree outside of business/commerce whose goal may be to assume a managerial position in human resources. The program is also suited to business/commerce students who wish to add human resource management to their portfolio.

Professional recognitionThe Master of Management (Human Resources) is currently an Australian Human Resource Institute (AHRI) Accredited Program. Master of Management (Human Resources) students will be eligible for AHRI Member status provided that they successfully complete the full program and five compulsory subjects outlined on page 21.


»Parkville campus

Credit for prior studiesThe Master of Management (Human Resources) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.




In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent.









Local student (CSP)












Career outcomes


Consultant-Human Resource & Consumer Research, Flagship Advertising Pvt. Ltd.

HR Coordinator, Australian Institute of International Affairs

HR Coordinator, Think Education Group

Human Resources Administrator, ExxonMobil Limited


Master of Management (Human Resources) program outline:

The Master of Management (Human Resources) degree usually comprises a 200-point program, however you may be eligible to earn your degree with 150 points depending on previous studies.

Participated in the Global Business Practicum

Master of Management (Human Resources)

Member of Member of Young Entrepreneurs Society

Product Analyst, PageUp People (Melbourne)

Stephanie Sudano


2 foundation subjects » Business Analysis and Decision Making*

» Managing for Value Creation*

2 HR core subjects » Management Competencies*

» Managing People*

1 capstone subject Strategic Human Resources*


5 HR electives from the list below and

a maximum of 2 additional electives




» Conflict and Negotiation

» HR Consulting

» International Human Resources



» Managing Diversity


» People and Capability


» Performance Management

& Reward Systems

» Policies and Issues in HRM & ER


3 foundation subjects One of:




Both of:

» Business Analysis and Decision Making*

» Managing for Value Creation*

2 HR core subjects » Management Competencies*

» Managing People*

1 capstone subject Strategic Human Resources*

10 elective subjects Students must select a minimum of

5 HR electives from the list below and

a maximum of 5 additional electives from

the list below or from the list of Master

of Management general electives


» Conflict and Negotiation

» HR Consulting




» Managing Diversity


» People and Capability


» Performance Management

& Reward Systems

» Policies and Issues in HRM & ER

* subjects which must be taken to meet AHRI

accreditation requirements

21Master of Management (Human Resources)

Master of Management (Marketing)

The Master of Management (Marketing) provides graduates with the skills and knowledge needed to facilitate the exchange of value between organisations and their clients. Graduates will be skilled

in market research, brand management, service provision, promotion, placement and pricing.

The program focuses on the means by which organisations attract and retain customers, and covers many aspects of marketing, including marketing strategy, customer behaviour, relationship marketing, branding and international marketing.

Who is it for?This program is ideal for students holding undergraduate degrees in areas outside of business/commerce whose goal may be to assume a managerial position in the marketing and communications field. The program is also suited to business/commerce students who wish to add marketing to their portfolio.


»Parkville campus

Credit for prior studiesThe Master of Management (Marketing) is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.




In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application.








Local student (CSP)












Career outcomes


Marketing Analyst, Coles Group

Marketing Manager, Stockland

Policy and Planning Manager, Committee for Melbourne

Product Manager, Palgrave Macmillan

Project Manager, Colmar Brunton Social Research


Master of Management (Marketing) program outline:


2 foundation subjects » Business Analysis and Decision Making


4 marketing core subjects » Consumer Behaviour



» Marketing Research

1 capstone subjectMarketing Strategy


4 marketing electives from the list below

and a maximum of 1 additional elective




» Advertising

» Brand Management

» Customer Service Excellence

» International Marketing Management

» Internet Marketing

» Marketing Channels

» Marketing Metrics

» Neuromarketing

» Product Management

» Public Relations Management

» Retail Management



4 foundation subjects One of: » Accounting for Decision Making » Financial Management


One of: » Managerial Psychology

» Managing People

Both of: » Business Analysis and Decision Making


4 discipline core subjects » Consumer Behaviour » Management Competencies » Marketing Management

» Marketing Research

1 capstone subjectMarketing Strategy

7 elective subjectsStudents must select a minimum of 4

marketing electives from the list below





» Advertising » Brand Management » Customer Service Excellence » International Marketing Management » Internet Marketing » Marketing Channels » Marketing Metrics » Neuromarketing » Product Management » Public Relations Management » Retail Management


“I chose this degree because it’s flexible prerequisites allowed people like me, who have not studied business previously, to obtain a business degree.”

Michelle Ho studied the Bachelor of Environments before enrolling in the Master of Management (Marketing).

23Master of Management (Marketing)

Master of Management elective subjects

Choose from over 85 electives* to tailor your Master of Management towards your career goals.

Accounting »Accounting for Decision Making

»Auditing and Assurance Services

»Corporate Reporting

»Financial Accounting

»Financial Statement Analysis


» Integrated Accounting Studies

»Legal Issues for Accountants

»Strategic Cost Management

»Strategic Performance Management

»Sustainability Accounting

»Taxation for Business Decision Making

Business Information Systems »Managing Information Technology

Economics »Advanced Policy Analysis

»Cooperation and Conflict in World Trade

»Environmental Economics and Strategy

»Macroeconomics 2

»Macroeconomics for Managers

»Managerial Economics

»Microeconomics 2

»Quantitative Methods for Business

Finance »Capstone Studies in Finance

»Corporate Financial Policy

»Derivative Securities

»Ethics in Finance

»Financial Management

»Financial Spreadsheeting

»Fundamentals of Portfolio Management



»Project Finance

»Property, Investment & Development Finance

»Public Sector Financial Management

»Treasury Management

Human Resources

»HR Consulting


»Leadership and Team Dynamics

»Managerial Psychology

»Managing Diversity

»People and Capability

»Performance Management and Reward Systems

»Policies and Issues in HRM and ER


International Business »Asian Business and Management

»Cross Cultural Management and Teamwork

»Global Business Practicum

»Managing the Multinational

Management »Business Analysis and Decision Making

»Conflict and Negotiation

»Consulting Fundamentals

»Global Corporate Governance

»Leading for Strategic Advantage

»Management and Business Communication

»Management Competencies

»Managing Innovation and Entrepreneurship

»Managing Organisational Change

»Managing People

»Managing Stakeholders

»Managing for Value Creation

»Melbourne Business Practicum

»Operations and Process Management

»People and Change

»Project Management

»Social Entrepreneurship

»Strategic Human Resources

»Strategic Management

»Supply Chain Management

»Sustainable Business Practices

Marketing »Advertising

»Brand Management

»Consumer Behaviour

»Customer Service Excellence


» Internet Marketing

»Marketing for Entrepreneurs

»Marketing Management

»Marketing Strategy

»Marketing Research

»Product Management

»Public Relations Management

»Retail Management

For subject descriptions please refer to the Online Handbook: handbook.unimelb.edu.au

* This list is indicative only. Elective subjects change periodically so for the most up-to-date list of electives on offer at the time of your enrolment please refer to the MBS website.

25Master of Management Elective Subjects

Undergraduate background

MBS graduate program

Graduate role

Bachelor of Arts


(2 year program)

Portfolio Analyst at GE Money



Future possibilities

or

or

Graduate role

Partner at a New York investment bank

General Manager of a multinational corporation

Marketing Manager for a global NGO

The Master of International Business helps you develop wide-ranging skills that will enhance your effectiveness as a manager working in international business.

The program provides a solid grounding in the foundations of management and strategic thinking, relative to international and global market operations. It also provides an understanding of how operating across borders

impacts different functional areas. This program develops awareness of policies governing the world trade and investment system, and emphasises the Asia-Pacific region.

A qualification that can take you anywhere in the world

MauritiusTanzania

New York New Zealand

Macau

27Master of International Business


Who is it for?This program is for graduates who wish to establish a management career in international business, and who aim to develop an awareness of the policies governing the world trade and investment system.


»Parkville campus

Credit for prior studiesThe Master of International Business is a 200 point or 2 year program. The first 50 points is made up of foundation study tailored to students from non-business backgrounds. Many students who enter the program will have some prior study in business/commerce or a related discipline, which will allow them to receive credit for up to 50 points of the program, reducing the program to 150 points or 1.5 years.




In ranking applications, the Selection Committee will consider: prior academic performance; and the statement of intent.





»2 year program: CRICOS 080608E




See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP.







Career outcomes


Analyst, Mauritius Ministry of Foreign Affairs

Business Development Coordinator, Veolia Transdev

Export Officer, Bostik

Finance Manager, Export Processing Zones Authority, Tanzania

Graduate Program, Deloitte Macau

Sales and Marketing Manager, CSE-Semaphore Australia Pty Ltd

Senior Business Development Manager, Melbourne Convention and Visitors Bureau (MCVB)


Master of International Business program outline:

The Master of International Business degree usually comprises a 200-point program, however you may be eligible to earn your degree with 150 points depending on previous studies.

1.5 year program structure

The Master of International Business

comprises 1 foundation subject,

6 core subjects, 2 capstone subjects

and 3 elective subjects taken over

three semesters full-time or six

semesters part-time.

1 foundation subject:One of:


» Business Analysis and Decision Making

6 core subjects:

» Cooperation and Conflict in World Trade

» Cross Cultural Management and Teamwork

» Managing the Multinational

Three of:

» Asian Business and Management

» Global Corporate Governance



2 capstone subjects: » Global Corporate Strategy

» Strategic Management

3 elective subjects:3 elective subjects from the graduate

offerings within the Faculty of Business

and Economics or from a select range of

Master of International Relations subjects.

2 year program structure

The Master of International Business

comprises 3 foundation subjects, 8 core

subjects, 2 capstone subjects and 3

elective subjects over four semesters

full-time or eight semesters part-time.

3 foundation subjects:Business Analysis and Decision Making

One of:




One of:



» Managing People

8 core subjects: » Asian Business and Management

» Cooperation and Conflict in World Trade

» Cross Cultural Management and Teamwork

» Global Corporate Governance




» Managing the Multinational

2 capstone subjects: » Global Corporate Strategy

» Strategic Management

3 elective subjects:3 elective subjects from the graduate

offerings within the Faculty of Business

and Economics or from a select range of

Master of International Relations subjects.

For the full list of electives

please visit the handbook

entry for this program

handbook.unimelb.edu.au/view/current/mc-ib

“Studying the Master of International Business has proven to be a fantastic amalgamation of academic theory, practical experiences and networking opportunities. I feel this course has given me a truly holistic foundation on which to build my career.”

Lennard Iosif completed his Bachelor of Science at Melbourne, works as the CEO of the Asia Pacific Youth Organisation and currently studies the Master of International Business.

29Master of International Business

Specialist masters and diplomas

Bachelor degree

Specialist discipline areas:

Actuarial Studies

Business Analytics

Economics

Finance

Management

Marketing

Supply Chain Management


Sectors:

Business

Public

Not-for-profit

Potential graduate roles:

Business Analyst

Commodities Trader

Economist

Financial Dealer

HR Manager

Investment Analyst

Management Consultant

Marketing Manager

Methods Analyst

Policy Manager

Private Equity Analyst

Resourcing Advisor

Strategic Consultant

Our specialist programs offer students with a business related bachelor degree the opportunity to develop specialised knowledge in their chosen discipline. These programs will equip you with the analytical and conceptual skills for an engaged and rewarding career – positioning you for success in the ever-changing global economy.

31Specialist Masters and Diplomas

Master of Actuarial Science

The Master of Actuarial Science provides non-actuarial graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering)

with the skills required for immediate transition into the workplace as a trainee actuary.

Professional accreditationGraduates of the Master of Actuarial Science who have performed at a sufficiently high level will be eligible for exemption from all of the subjects comprising Part I of the professional requirements of the Actuaries Institute.

Program details2 years full-time or 4 years part-time

»Entry in Semester 1 (February) only

»Parkville campus






Career outcomes


Actuary, Territory Insurance Office

Actuary, Towers Watson Australia

Analyst – Strategic Change, National Australia Bank

Graduate Consultant, Bain & Company

Program structure The Master of Actuarial Science consists of 16 subjects comprised of 6 compulsory core subjects, 2 capstone subjects and 8 elective subjects.

Master of Actuarial Science sample program outline:

Year 1Mathematics

of Finance I

Life Insurance

Models IElective 1 Elective 2

Mathematics

of Finance II

Life Insurance

Models IIElective 3 Elective 4

Year 2Mathematics

of Finance III

Insurance Risk

ModelsElective 5 Elective 6

Life

Contingencies

Statistical

Techniques in

Insurance

Elective 7 Elective 8


An undergraduate or postgraduate degree with the equivalent of a major in mathematically based subjects; the Graduate Records Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and a statement of intent outlining why they wish to be considered for the program.


In ranking applications, the Selection Committee will consider: prior academic performance; and the GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and the statement of intent.



»CRICOS: 070383M



Indicative cost of degree$62,648 (2 year program)


Cost per year$38,656 AUD full-time ($4,832 per 12.5 credit point subject)



Bachelor of Engineering, The University of Auckland

Consulting Analyst, Deloitte New Zealand

Master of Actuarial Science

Leroy D’Souza

Graduate Diploma in Actuarial Science

The Graduate Diploma in Actuarial Science provides graduates who have a bachelor’s degree including a strong mathematical component with a one-year degree that provides a pathway to a professional actuarial career.

The entry requirements and application details for the Graduate Diploma in Actuarial Science are the same as those for the Master of Actuarial Science.

CRICOS: 081745K

33Master of Actuarial Science

Master of Commerce (Actuarial Science)

The Master of Commerce (Actuarial Science) provides advanced training in actuarial theory and practice. With a broad grounding in quantitative techniques in insurance and

financial risk modelling, graduates of this program will be well positioned to pursue a professional career in the actuarial domain and related fields. Students who complete an optional research

component will be eligible to progress to the PhD program in actuarial studies.






Program structureThe Master of Commerce (Actuarial Science) is comprised of 75 points of core actuarial subjects and 25 points of elective subjects, designed to be taken over 1 years full-time or 2 years part-time.

Who it is for?The Master of Commerce (Actuarial Science) is designed to provide business/commerce graduates who already have an actuarial major with further advanced studies in actuarial science.

Professional accreditationGraduates of the degree who have performed at a sufficiently high level will have gained the knowledge to complete the associateship of the Actuaries Institute and may gain exemptions from almost all of its requirements.

Program details Master of Commerce (Actuarial Science)

» 1 year full-time or 2 years part-time


»Parkville campus


» an undergraduate or postgraduate degree in actuarial science or similar with at least an H2A (75%) average

» the Graduate Records Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption; and

» a statement of intent outlining why they wish to be considered for the program


In ranking applications, the Selection Committee will consider:

»prior academic performance; and the GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption; and

» the statement of intent



»CRICOS: 080607F



Local student (CSP)





Program structure

Students interested in progressing to the PhD program will need to complete the Actuarial Science Research Report over two consecutive semesters.

Master of Commerce (Actuarial Science) sample program outline:

Year 1Mathematics of Finance III

Insurance Risk Models

Actuarial Practice and Control I

Actuarial Practice and Control II

Mathematics of Finance IV

Insurance Risk Models II



Bachelor of Commerce (Honours), Actuarial Science

Tutor, Actuarial Science at the University of Melbourne

Currently studying PhD, Actuarial Science

Can Jin

35Master of Commerce (Actuarial Science)

Master of Economics

The Master of Economics is a two year degree in advanced studies in economics and econometrics. Graduates are trained to critically evaluate the literature and gain experience in undertaking independent research. The program is ideal for those who

wish to acquire the skills needed to practice as a professional economist in the public or private sectors. The program also provides a foundation to undertake further study at the PhD level.






** evidence of successful completion of a

subject(s) in Economic Theory and/or

Econometrics at a 3rd-year level may also

be required. Local students who have a strong

mathematical background without economics

may be eligible for an enabling program.

Program structure The Master of Economics consists of 4 core economics subjects, 2 quantitative subjects, 8 elective subjects and the (double subject) Economics Research Report.

Master of Economics sample program outline**:

Year 1Advanced Microeconomics

Advanced Macroeconomics

Econometric Techniques

Elective 1 Elective 2 Elective 3 Elective 4 Elective 5

Year 2 Microeconomics MacroeconomicsAdvanced Econometric Techniques

Economics Research Report

Elective 6 Elective 7 Elective 8Economics Research Report

» the Graduate Record Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption. Meeting these requirements does not guarantee selection.

Applicants with an honours degree in economics, or a relevant postgraduate degree, with a weighted average mark of at least H2A (75%), who have completed subjects which satisfy the prerequisites for both the core and quantitative second year subjects in the Master of Economics may be awarded up to 100 points of credit.

In ranking applications, the Selection Committee will consider: prior academic performance; the GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GRE exemption; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application. The minimum English language requirements for this program are Band 6.5.

»CRICOS: 065396D



Indicative cost of degreePlease refer to mbs.unimelb.edu.au/faqs




Who it is for? The Master of Economics is designed for students with prior training in economics or with a strong analytical/ mathematical background, who wish to acquire the advanced skills needed to practice as a professional economist in the public or private sectors. The program is also an appropriate foundation for further PhD study.

Program details »Master of Economics: 2 years full-time or 4 years part-time

»Graduate Diploma in Economics: 1 year full-time or 2 years part-time


»Parkville campus


» an undergraduate or postgraduate degree with a strong analytical or mathematical component and with at least an H2A (75%) weighted average**;

» a statement of intent outlining why they wish to be considered or the program; and


Graduate Diploma in Economics

Career outcomes


Economist, Productivity Commission

Economist, Reserve Bank of Australia

Economist, Victorian Department of Treasury and Finance

Network Strategy Consultant, Ericsson

Research Fellow, Australian National University

Senior Commercial Analyst, Telstra

Bachelor of Commerce

Postgraduate Diploma, Economics


Economist, BAEconomics

Marie Adrienne Gillardeau

Offers flexibility to students seeking a shorter graduate qualification in economics.

Graduates should acquire and be able to apply the skills of a professional Economist at an Honours level.

The Graduate Diploma is eight subjects in duration, and will normally be completed in one year full-time or two years part-time. The entry requirements or the Graduate Diploma are the same as those for the Master of Economics.

CRICOS: 083552C

37Master of Economics

Master of Finance

The Master of Finance provides an understanding of financial management principles and their application to corporate financial policy. Graduates of the degree will have an

understanding of Australian and international financial markets; knowledge of derivative assets and the operation of the markets in these assets; as well as specialised aspects of the finance

industry and the appropriate skills for analysing and interpreting developments in financial practice.






** please note that if Investment Management

and Corporate Finance Policy or equivalent

subjects have not previously been taken,

these must be taken as electives, preferably

in the first semester of study.

Program structure The Master of Finance consists of 10 core subjects and 75 points worth of elective subjects.

Master of Finance sample program outline**:

Year 1Quantitative Analysis of Finance 1

Derivative Securities

Financial Markets and Instruments

International Financial Management

Accounting for Decision Making

Economics of Finance


Year 2Quantitative Analysis of Finance 2

Mergers and Value Enhancing Strategies

Case Studies in Finance (capstone subject)

Elective 3

Strategic Management (capstone subject)

Elective 4 Elective 5 Elective 6

the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption. Meeting these requirements does not guarantee selection.

In ranking applications, the Selection Committee will consider: prior academic performance; and the GMAT or GRE score unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and the statement of intent. The Selection Committee may seek further information to clarify any aspect of an application.


»CRICOS: 065397C



Indicative cost of degreePlease refer to mbs.unimelb.edu.au/faqs




Who it is for? This program is open to those interested in working in the finance industry who have studied some finance in their undergraduate degree.

Program details »2 years full-time or 4 years part-time »Entry in either Semester 1 (February) or Semester 2 (July) »Parkville campus


» an undergraduate degree in a relevant discipline, or equivalent, with studies in Business Finance, Investments and Corporate Finance (37.5 points), or their equivalents;

» a statement of intent outlining why they wish to be considered for the program; and

» the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless


Career outcomes


Analyst – Oil & Gas Sector, RBS Morgans

Commodities Trader, Bank for Investment and Development of Vietnam

Executive Analyst, Colliers International

Graduate, JP Morgan Chase

Graduate, Standard Chartered Bank (China)

Structured Notes Analyst, ANZ

Bachelor of Commerce

Institutional Banking Management Trainee, ANZ

Master of Finance

Assistant Manager, Transaction Banking at ANZ

Jacqueline Wong

Graduate Diploma in Finance

CFA Program Partnership

The University of Melbourne is a program partner of the CFA institute, the global association for investment professionals that awards the prestigious CFA designation. The partnership means that the Master of Finance covers 70% of all three levels of the CFA program candidate body of knowledge (CBOK) topics, the CFA institute ethical and professional standards, and other CFA program partner requirements.

The Graduate Diploma in Finance comprises the first year of the Master of Finance. It offers flexibility to students seeking a shorter graduate qualification in finance. The Graduate Diploma in Finance is eight subjects in duration, and will normally be completed in one year of full-time study or two years part-time. Entry requirements are the same as those for the Master of Finance.

CRICOS: 083553B

39Master of Finance

Master of Commerce (Management)

The Master of Commerce (Management) is an advanced management degree that equips business/commerce graduates with the ability to apply an evidence based approach for sound and defensible decision making. Graduates with the ambition to test their limits will find this an attractive and challenging program that develops research, analysis and critical thinking skills.

Who it is for?The consulting pathway is designed for students with a degree in business/commerce attracted to solving practical management problems and interested in a career such as consulting, market research or strategy. The research pathway is designed for students with a passion for solving managerial or organisational problems and who are interested in progressing into the PhD program.

Program details » 1.5 years full-time or 3 years part-time


»Parkville campus


» an undergraduate or postgraduate degree with a major in management, marketing or a related discipline with at least an H2B (70%) weighted average, or equivalent;

» a statement of intent outlining why they wish to be considered for the course; and

» the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption.


»prior academic performance; and

» the GMAT or GRE score unless the applicant has completed an undergraduate degree in Australia






Career outcomes


Associate Consultant, Capgemini Consulting

Graduate program, Accenture

Head of Finance, Step Back Think Inc

or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and

» the statement of intent.



»CRICOS: 075103F



Indicative cost of degree$46,604 (18 month course)

Local student (CSP)






Indicative cost of degree$58,950 (18 month course)

“Studying the Master of Commerce has been a rewarding experience. I get to learn and work with the best, participate in activities beyond the academic curriculum and apply my learnings in practice through consulting practicums that are of strategic importance to the sponsoring firms.”

Amy Cao completed the Bachelor of Commerce (major in Management) before enrolling in the Master of Commerce (Management)


Consulting pathway Research pathway

Year 1 Semester 2


» Advanced Masters level Management subject

» Elective 1

» Elective 2

» Advanced Research Methods Subject

» Research Report

» Advanced Masters-level Management subject

» Elective 1

Year 2 Semester 1

» Consulting Practice

» Consulting Project

» Elective 3

» Elective 4

» Research Report

» Elective 2

» Elective 3

» Elective 4

Program structure Students can select to follow one of two pathways – either research or consulting – which share a common first semester.

Master of Commerce (Management) sample program outline:

Year 1 Semester 1

Organisation Research Decisions & Design

Foundations in Qualitative Methods

Foundations in Quantitative Methods

Advanced Masters level Management subject

OR

Students must complete the research report or equivalent to be eligible to apply for entry into the PhD program.

Students who have previously completed a research project/component that accounts for at least 25% of the Honours component of a four-year degree or equivalent will be exempt from undertaking the Research Report.

41Master of Commerce (Management)

Master of Commerce (Marketing)

The Master of Commerce (Marketing) is an advanced management degree that equips business/commerce graduates with the ability to apply an evidence based approach for

sound and defensible decision making regarding markets, customers or product offerings. Graduates with the ambition to test their limits will find this an attractive and challenging

program that develops research, analysis and critical thinking skills.

Who it is for?The consulting pathway is designed for students with a degree in business/commerce attractedto solving practical managementproblems and interested in a careersuch as consulting, market researchor strategy. The research pathway isdesigned for students with a passionfor solving academic and theoreticalproblems and who are interested inprogressing into the PhD program.



»Parkville campus


» an undergraduate or postgraduate degree with a major in management, marketing or a related discipline with at least an H2B (70%) weighted average, or equivalent;

» a statement of intent outlining why they wish to be considered for the program; and

» the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless the applicant has completed an undergraduate degree in Australia or New Zealand or met one of the approved conditions for GMAT or GRE exemption.


»prior academic performance; and

» the GMAT or GRE score unless the applicant has completed an undergraduate degree in Australia






or New Zealand or met one of the approved conditions for GMAT or GRE exemption; and

» the statement of intent.



»CRICOS: 075103F



Indicative cost of degree$46,604 (1.5 year program)

Local student (CSP)



Based on 2015 Student Contribution Amounts. See page 63 to find out how eligible local students can pay no upfront fees using FEE-HELP or HECS-HELP.


Cost per year$38,656 full-time ($4,832 per 12.5 credit point subject)

Indicative cost of degree$58,950

“Studying the Global Business Practicum was one of the highlights of my degree. I had the opportunity to work extensively with senior management at a multinational firm, and the degree of work engagement was rewarding. I believe this experience will definitely make the transition from being a student to being a full-time professional easier.”

Johnny Wen completed his Bachelor of Commerce (Marketing & Finance) in New Zealand before moving to Melbourne to study the Master of Commerce (Marketing)


Master of Commerce (Marketing) sample program outline:

Year 1 Semester 1

Organisation Research Decisions & Design

Foundations in Qualitative Methods

Foundations in Quantitative Methods

Advanced Masters-level Marketing subject

Program structure Students can select to follow one of two pathways – either research or consulting – which share a common first semester.

Consulting pathway Research pathway

Year 1 Semester 2


» Advanced Masters level Marketing subject

» Elective 1

» Elective 2

» Advanced Research Methods Subject

» Research Report

» Advanced Masters-level Marketing subject

» Elective 1

Year 2 Semester 1

» Consulting Practice

» Consulting Project

» Elective 3

» Elective 4

» Research Report

» Elective 2

» Elective 3

» Elective 4

OR

Students must complete the research report or equivalent to be eligible to apply for entry into the PhD program.

Students who have previously completed a research project/component that accounts for at least 25% of the Honours component of a four-year degree or equivalent will be exempt from undertaking the Research Report.

43Master of Commerce (Marketing)


This innovative, intensively delivered program draws on industry expertise, emphasising a strategic approach to supply chain management. Focusing on global best practice,

the program applies theory to “real life” case studies. Participants conduct applied field studies in each subject, creating immediate value to themselves and their organisation.

Who it is for?The program is designed for current and future managers and leaders working in supply chain management or related functions from sectors including:

»Automotive/Manufacturing

»Mining/Resources

»Retail/Wholesale

»Transport/Logistics

»Government

Small class sizes facilitate the development of valuable relationships with fellow students from a wide variety of industries.

Professional accreditation This program is a Chartered Institute of Procurement and Supply (CIPS) accredited degree. Graduates of the program with three years of relevant work experience are eligible to upgrade to full MCIPS membership.


»Parkville campus

All core subjects are taught intensively, with two subjects offered in each week-long block. Participants can enrol in either one or two subjects in each block.






Career outcomes


National Logistics and Inventory Manager, Random House Australia

Business Manager, Toll Logistics

Planning and Operations Manager, Adidas Group

Procurement Executive, Commonwealth Bank of Australia

Three electives can be chosen from Faculty of Business and Economics graduate subject offerings or from the following Master of Enterprise subjects:

»Behaviour and Leadership in Organisations

»Managerial Economics

»Marketing for Managers

»Financial and Performance Management


» an undergraduate degree in a relevant discipline

» a minimum of three years of documented full-time, relevant, professional work experience; and

» the applicant’s submitted statement of intent in seeking entry

»CRICOS: 080339K





Cost per year$38,656 full-time ($4,832 per 12.5 credit point subject)


Bachelor of Commerce, Management and Marketing


Commercial and Procurement Graduate, BAE Systems Australia

Market Sector Lead, BP, Retail Capital Expenditure

Marissa Brown


Program structure The Master of Supply Chain Management consists of 12 subjects comprising 7 core supply chain management subjects, 3 elective subjects and 2 capstone subjects.

Master of Supply Chain Management sample program outline:

Year 1Supply Chain Analysis

Procurement and Logistics

Emerging Topics in Supply Chain Management

Supply Chain Strategy (capstone)

Operations and General Management

Foundations of Supply Management

E-Business and Supply Chain Information

Decision Analysis and Project Management

Year 2 Elective 1 Elective 2 Elective 3

Supply Chain Management Project (capstone)

45Master of Supply Chain Management

Master of Enterprise

The objective of the Master of Enterprise is to create skilled leaders, executives and general managers who can drive their organisations forward. This innovative,

intensively delivered degree provides professionals with advanced knowledge in the core subject areas of enterprise and innovation. Participants conduct applied field

studies in each subject, creating immediate value to themselves and their organisation.

Who it is for? The program is designed for individuals with three or more years of professional experience, currently working in middle to senior management positions across a variety of sectors and






Career outcomes


Executive, Swisse Wellness

Head of School, Enterprise, Leadership & Safety, Airservices Australia

Manager Development and Strategic Planning, Melbourne Racing Club

Manager, Events, Sponsorship & Membership, BHP Billiton

Program structure The Master of Enterprise consists of 12 subjects, comprising 7 core enterprise subjects, 2 core innovation subjects, 2 capstone subjects and 1 elective subject.

Master of Enterprise sample program outline:

Year 1Marketing for Managers

Strategy, Ethics and Governance (capstone)

Production and Operations Management

Quantitative Analysis for Managerial Decisions

Leadership and Management

Managerial Economics

Financial and Performance Management

Behaviour and Leadership in Organisations

Year 2New Value Creation

Innovation and Entrepreneurship Strategy

ElectiveInnovation and Entrepreneurship Project (capstone)

industries. The diverse professional experience of the student group creates unique networking opportunities to foster the establishment of valuable relationships across industries.

Program details »All core subjects are taught intensively, with two subjects offered in each week-long block. Participants can enrol in either one or two subjects in each block.

»Parkville campus


» an undergraduate degree in a relevant discipline a minimum of three years of documented full-time, relevant, professional work experience

» the applicant’s submitted statement of intent in seeking entry

CRICOS Code: 080338M








Editor, Australian Business Solutions Magazine

Master of Enterprise (Executive)

Director and Principal Consultant, Competitive Advantage Consulting LLC

CEO, Australian Media Group

Mark Hawkins

Students who have successfully completed the Chartered Accountants Australia and New Zealand (CA ANZ) Graduate Diploma in Chartered Accounting (GradDipCA) and who meet the entry requirements for the Master of Enterprise may receive credit for the following subjects:

»Financial and Performance Management »Strategy, Ethics and Governance »Leadership and Management »And 1 unspecified elective subject

47Master of Enterprise

Master of Enterprise (Science)

The objective of the Master of Enterprise (Science) is to create skilled leaders and managers who can create value in their organisations and society through

effective management, particularly of science and technology. This innovative degree provides advanced knowledge in the core subject areas required by leaders in the

modern organisation as well as the opportunity to develop specific skills in innovation and entrepreneurship in technology intensive organisations. Subjects in this degree

will address the knowledge required to bring science and technology projects to commercial fruition, and to bring such innovations effectively into organisational settings.

Who it is for? The program is designed for individuals with an undergraduate degree in a science or technology-based discipline, and three or more years of professional experience, who are currently working in middle to senior management positions across a variety of sectors and industries. Small class sizes facilitate the development of valuable relationships with fellow students from a wide variety of industries.

Program details »Parkville campus

» 1.5 years full-time or 3 years part-time

All core subjects are taught intensively. Core enterprise subjects are taught intensively over one week, with two subjects offered in each week-long block. Core science subjects are taught intensively over two weeks.






Program structure The Master of Enterprise (Science) consists of 12 subjects, comprising 4 core enterprise subjects selected from the list below, 4 core science subjects, 2 capstone subjects and 2 elective subjects from the University’s graduate-level science or business subjects.

Master of Enterprise (Science) sample program outline:

Year 1

Communicating Science Effectively (Enterprise)

Commercialisation of Science (Enterprise)

Production and Operations Management

Project Management in Science (Enterprise)

Leadership and Management

Managerial Economics

Financial and Performance Management

Elective

Year 2Data and Decision Making (Enterprise)

Strategy, Ethics and Governance (capstone)

ElectiveInnovation and Entrepreneurship Project


» an undergraduate degree in a science or technology-based discipline, and at least three years of documented relevant, professional work experience; or

» an honours degree in a science or technology-based discipline, and at least two years of documented relevant, professional work experience; or

» a master degree in a science or technology-based discipline, and at least one year of documented relevant, professional work experience; or

» a doctoral degree in a science or technology-based discipline.

»CRICOS: 080338M




International student**




49Master of Enterprise (Science)

Career outcomes


Master of Business Analytics

In today’s world with its ever increasing amount of data, businesses that can make sense of the flow of information hold a competitive edge in the market. Graduates with the computational and analytical skills able to meet this need

are those who will be sought after by employers, both in Australia and globally.

Melbourne Business School has designed an intensive one-year program which will equip you with advanced skills in business analytics and accelerate your career. This isn’t an ordinary analytics degree – the program will provide students with the skills and knowledge to become data scientists, being an expert in not just maths and information systems, but to also approach analytics with the strategic perspective of the business in mind. Learn to define business problems by identifying data based solutions, helping answer:

»What is happening?

»Why is this happening?

»What if these trends continue?

»What will happen next?

»What should we do?


Cost per yearAU$49,500


Cost per yearAU$49,500

Program details 1 year full-time, commencing in January

Entry requirements:

»An undergraduate degree with a credit average or above

»Evidence of academic success in quantitative subjects and a natural talent and passion for working with data

»Evidence of English proficiency

» Interviews will be required for shortlisted applicants

»CRICOS: 084058J

How to apply To apply for the Master of Business Analytics please visit: apply.mbs.edu/

Further information mbs.edu/mbusa

* minimum entry requirements

do not guarantee entry.

Banking and finance: analysing credit risk, fraud detection, customer analytics, financial risk and portfolio management

Consumer goods (retail, marketing research): product mix (which products to stock), marketing analytics, preventing customer churn

Telecommunications, technology and internet: predicting demand to enable capacity planning,

Government: security, police: detecting white collar crime, uncovering customs fraud, preventing violent crime

Government: social services: public policy initiatives to reduce welfare dependence, improve outcomes for healthcare, reduce prison populations

Logistics/procurement: tracking products through a supply chain, optimising supply chains, revenue management

Mining and resources: discovery and exploration, real-time monitoring of machinery to prevent failures, predicting prices

Consulting: both specialist analytics supporting consulting teams and consulting using advanced analytics techniques

Not-for-profit: fund raising, optimal project mix, evidence-based social interventions


51Master of Business Analytics

Master of Marketing

Combine world-renowned academics with an incredible program and you’ll have a Master of Marketing that will transform your life. The program

will broaden your general management skills, enhance your strategic marketing skills and advance your career.

The Master of Marketing program builds these skills by providing students with an understanding of:

»Principal business functions including accounting, economics and management

»The changing nature of marketing management theory and practice

»The structure and operation of markets in dynamic, global, information intensive environments

»The cutting edge concepts, processes and managerial

frameworks of marketing

Program details » 1.5 years part-time*

» 13 subjects

The Master of Marketing program is delivered on a part-time study basis only, unless undertaken as part of the dual degree MBA/Master of Marketing.

Entry requirements:

»Entrance via the Graduate Diploma in Marketing

»Students who successfully complete the Graduate Diploma in Marketing may be eligible to progress to the Master of Marketing with 112.5 points credit (a weighted average mark at least H2B (70%) is normally required

»The competence to apply tools and techniques for marketing analysis, planning, implementation and evaluation

By utilising the full range of teaching and learning approaches, including lectures, seminars, published and ‘live’ case studies, site visits and applied projects, Master of Marketing students are provided with the critical knowledge and capabilities for leading and managing teams, and for communicating across multiple business functions.

»CRICOS: 055075D

Career outcomes

Graduates of this program may find employment in sectors such as:

Financial Services

Management

Marketing


Cost per subject $4,095

Indicative cost of degree $53,235

International student*

Cost per subject $4,095

Indicative cost of degree$53,235


* minimum entry requirements

do not guarantee entry.

How to applyTo apply for the Master of Marketing please visit: apply.mbs.edu/

* The Master of Marketing program is delivered on a part-time study basis only, unless undertaken as part of the dual degree MBA/Master of Marketing. International students studying in Australia on a student visa are required to study on a full-time basis.


53Master of Marketing

Master of Marketing Communications

The Master of Marketing Communications is designed to cultivate the future executives and professionals who will work within the increasingly merged sectors of marketing and communication. Armed with disciplinary specific knowledge and interdisciplinary expertise our graduates will have the adaptive capabilities to thrive in this ever-changing profession. Developed with industry experts, this program is

co-taught by the Graduate School of Humanities and Social Sciences and Melbourne Business School. The degree prepares students for professional careers in an

integrated marketing and communications environment.

Career outcomes

The Master of Marketing Communications prepares students for careers involving persuasive public communications such as:

Campaign strategy director

Community engagement advisor

Community manager

Content marketing coordinator

External relations coordinator

Media relations advisor

Public relations

Social media manager

Strategic communications advisor


»Parkville campus

Entry Requirements:

1.5 year program

An undergraduate degree in an area related to marketing or communications with an average equivalent to H2B (70%) or equivalent; an undergraduate degree in any field with an average equivalent to H2B (70%) and at least two years documented relevant work experience in media communications.

2 year program

An undergraduate degree (with at least H2B (70%) average or equivalent.)

The Selection Committee may conduct interviews and tests and may call for referee reports to elucidate any of the matters referred to above.

»CRICOS: 085102B

Degree structure The Master of Marketing Communications is normally comprised as a 2 year or 200 point program. However, you may be eligible to earn your degree within 1.5 years (or 150 points) depending on previous studies and experience. You can undertake the program full–time or part–time and a number of our subjects are offered in flexible modes such as evening classes or in intensive modules to work with your other commitments.

Internship opportunities

Undertaking the Master of Marketing Communications, you are required to choose from a range of relevant practical experiences. One of these subjects is an internship in which you will complete a project agreed to by the School and your internship organisation. Upon completion, you’ll prepare a report (up to 10,000 words) based on your project for assessment.

FeesFor further information on fees and how to apply please refer to the program website:

graduate.arts.unimelb.edu.au/ master-of-marketing-communications


55Master of Marketing Communications

Our program places a major emphasis on independent research, on the development of expertise in research methodology and on the skilful communication of research results and outcomes. Students are introduced at the outset of the program not only to rigorous coursework, but also to the research activities of the faculty and of their peers in a dynamic environment that rewards intellectual curiosity and fosters collaboration and interdisciplinary partnerships.

Melbourne Business School provides generous stipends and fee remissions for all incoming graduate research students and overseas health cover to all international students. We offer one of the most innovative and well-resourced graduate research programs in the world.

Doctoral programs

Program Duration

Accounting Doctoral program

» 4 years full-time

» Two years coursework followed by two years research

» Entry via Master of Commerce (Accounting)

Economics Doctoral program



» Entry via Master of Economics

Finance Doctoral program



» Entry via Master of Commerce (Finance)

Management Doctoral program


» 1.5 years coursework followed by 2.5 years research

» Entry via Master of Commerce (Management)

Marketing Doctoral program


» 1.5 years coursework followed by 2.5 years research

» Entry via Master of Commerce (Marketing)

PhD programs

PhD in Actuarial Studies


» Research thesis only (no coursework)

Masters by research

Master of Commerce

(Actuarial Studies)

» 1 year full-time or part-time equivalent

» Research thesis only (no coursework)

Graduate research programs

Melbourne Business School offers the next generation of business scholars and leaders a stimulating, world-class academic community, where cutting-edge

training produces researchers uniquely positioned to respond in innovative ways to complex global, social, economic and environmental challenges.


The equivalent of an Australian four-year degree in an area that is relevant to the research degree being applied for, ideally with a research component that accounts for at least 25% of the work at fourth year or master’s level with a minimum grade of:

»Master of Commerce (Actuarial Studies): 70–74%*

»Doctoral Program (Accounting, Finance, Management, Marketing): 75%*

»PhD: 75%*

* The equivalent of these grades at the

University of Melbourne are required

Candidates must also provide evidence of:

»Current knowledge of the discipline in which the research degree will be undertaken, demonstrated by completion of tertiary studies and/or relevant professional experience in the 10 years prior to intended entry to the PhD

»GMAT/GRE results – depending on the discipline

»Having met the University’s English language requirements.

Applicants will also be required to attend an interview if shortlisted.

In the first year of a doctoral program, candidates will be admitted into the relevant coursework master’s degree. Successful completion with an average of 75% leads directly into the three-year PhD program, which consists of up to a further year of coursework followed by at least two years of research.

For more information: Pick up a copy of the ‘Graduate Research Degrees in Business and Economics’ brochure.

Visit fbe.unimelb.edu.au/research/degrees

Pathways to research

Candidates must first meet the minimum entry requirements for entry (this does not guarantee entry):

“The doctoral program at the Faculty of Business and Economics is unique in its nature and scope. The coursework component of the program really helped me deepen my understanding of the concepts of economics, and provided me with great practical training to undertake quality research. Moreover, I really enjoyed learning from the excellent academics who are experts in their fields, and who are motivated to impart their learning to students.”

Neha Swami is a third candidate in the Doctoral Program in Economics.

57Research programs & pathways

Student life at MBS

At MBS we offer a comprehensive program to support your learning, develop your skills and enrich your degree. We encourage you to be involved both on

and off campus and to make the most of your time outside the classroom.

Outside the classroom »Access to professional memberships

»Buddy program

»Career mentoring programs

»Careers planning and support

»Networking events

»Personal effectiveness program workshops

»Seminars by industry speakers

»Student clubs and societies

»Student exchange

Student clubs and societies Find out more about getting involved, volunteering, gaining new skills and making new friends during your time at MBS. Student groups you can be involved with include:

»Accounting Students’ Association (ASA) www.asamelb.com.au

»Actuarial Students’ Society www.melbourneactuary.com

»AIESEC aiesec.org/australia

»Banking on Women (BoW) www.bankingonwomen.org.au

»CAINZ www.cainz.org

»Economics Student Society of Australia (ESSA) www.economicstudents.com

»Ellevate www.unimelbellevate.com

»ENACTUS www.enactusunimelb.org.au

»Financial Management Association of Australia (FMAA) www.fmaa.com.au

»Global Consulting Group www.gcg.org.au

»Graduate Student Association (GSA) www.gsa.unimelb.edu.au

»Melbourne Business School Sports Club www.facebook.com/gsbesports

»Melbourne Business School Student Association www.mbssa.org

»Melbourne Microfinance Initiative (MMI) www.unimelbsamm.com

»Students’ Association of Management and Marketing (SAMM) www.unimelbsamm.com

Exchange and partner institutions Destinations for outbound exchange students (depending on program) in 2015 included:

»Bocconi University, Milan, Italy

»Boston College, USA

»Copenhagen Business School, Denmark

»Durham University, UK

»Erasmus University Rotterdam, Netherlands

»HEC School of Management, Paris, France

»London Business School, UK (Master of Finance students only)

»Lund University, Sweden

»Manchester Business School, UK

»Norwegian School of Economics & Business Administration, Norway

»Rutgers, The State University of New Jersey, USA

»University of Auckland, New Zealand

»University of Birmingham, UK

»University of Copenhagen, Denmark

»University of Oslo, Norway

Industry engagement MBS offers a range of program-specific opportunities for you to gain ‘out of the classroom’ participation and practical experience. Activities can be undertaken locally, nationally or internationally and the knowledge and skills complement your program of study. Opportunities include:

Practicums

We offer our students a unique duo of programs which sets us apart from other Australian business schools: the Global Business Practicum (GBP) and the Melbourne Business Practicum (MBP). In teams, students are assigned to a host company to undertake a real business project, experiencing culture, society and real-life business practices first hand whilst applying their academic skills.

GBP destinations include Singapore, Shanghai, Mumbai and Kuala Lumpur. Organisations who have participated in the practicums include Cadbury, KPMG, Kraft, Committee for Melbourne, NAB and various not-for-profit organisations in regional Australia.

Internships

Local and international internships are offered in a variety of organisations and industry sectors. Each internship is formulated to provide students with valuable experience, introducing challenges and opportunities faced in the working world. Depending on the needs and resources of the employing organisation, internships vary in length, are paid at least a minimum wage, and may lead to continuing work.


The city of Melbourne

FestivalsMelbourne has many festivals – celebrating our food, wine, music, books, cycling, the arts, comedy, jazz and films. Major events include the Melbourne International Comedy Festival, Melbourne International Film Festival, the Melbourne Writers Festival, and the Fringe Festival.

Easy to get around Melbourne has a fantastic public transport system that is reliable and easy to navigate. Trams, buses and trains operate throughout the city and its suburbs and can take you from the mountains of the Dandenong Ranges to the beaches of St Kilda.

Sporting capital Amongst all of its artistic and cultural credentials, Melbourne is also undoubtedly Australia’s sporting capital. Across the year the city plays host to major events such as the Australian Open Tennis, the Formula 1 Grand Prix, and the glamorous Melbourne Cup horse racing carnival. Melbourne is also the birthplace of Australian Rules Football (AFL).

Café culture Melburnians love food and wine. You can enjoy fine dining or delicious meals on a budget, and sample cuisine from all over the world. Melbourne cafés are famous for their coffee, all-day breakfasts and relaxed and friendly service.

Melbourne at a GlancePopulation: 4.4 million

Climate: Temperate

Rainfall: Low

More info at www.visitmelbourne.com

Melbourne Victoria

Melbourne is one of the world’s most liveable and culturally diverse communities. Melbourne’s official language is English, however more than 100 languages are spoken by the city’s residents.

59The City of Melbourne

Scholarships

Melbourne Business School offers a generous number of scholarships to outstanding commencing local and international students, based on academic merit. Scholarships are available in all programs and are valued at between 25% and 100% tuition fee remission.

There is no separate application needed for a scholarship. All program applications received by the relevant application deadline will be automatically considered for a scholarship. Some of these scholarships include:

A.G. Whitlam Graduate Scholarships Scholarships are available to all students, local and international, who apply to a coursework degree. Applicants are automatically considered for the A.G Whitlam Graduate Scholarships and they are awarded based on academic merit and are highly competitive. There are a range of scholarships available which cover 25% to 100% of the program tuition fees for the duration of the program.

Graduate Merit Scholarships Graduate Merit Scholarships are available to all students, local and international, who apply to a coursework degree. Applicants are automatically considered for the Graduate Merit Scholarships and they are awarded based on academic merit and are highly

competitive. Graduate Merit Scholarships cover 25% to 50% of the program tuition fees for the duration of the program.

International Postgraduate Coursework Awards Available each year to commencing coursework masters applicants, the International Postgraduate Coursework Awards cover 25% fee remission for the duration of the program. Selection is based on academic merit.

Read more about MBS scholarship opportunities at: mbs.unimelb.edu.au/scholarships

Applicants to the Master of Business Analytics, Master of Marketing or Master of Marketing Communications may be eligible for a range of scholarships from alternative providers.

“Being awarded the Graduate Merit Scholarship has proven to me that putting extra effort into all that you do can give you access to opportunities you never imagined possible, and reward you in the most unexpected of ways. It has made my parents proud, and I have also set a great example to my four younger siblings.”

Nicolas Segura, International Graduate Merit Scholarship recipient, Master of Finance


The application process

GMAT and GRE The GMAT and GRE are standardised tests that are used by leading business schools around the world to assess the qualifications of applicants for advanced study in business and management. Each test contains three sections: Quantitative, Verbal and Analytical Writing.

The GMAT and GRE help us to make an assessment of your academic potential specific to our programs. They also highlight areas where you may need to strengthen your skills and show us where we can provide you with assistance.

Programs requiring the GMAT or GRE The following programs do not require the GMAT or GRE, however the Selection Committee may require applicants to undertake these tests in certain cases:

»Master of Business Analytics »Master of Enterprise »Master of Enterprise (Science) »Master of International Business »Master of Management suite of programs »Master of Marketing »Master of Marketing Communications »Master of Supply Chain Management

Either the GMAT or GRE are mandatory for all applicants who have not previously completed an undergraduate degree at an Australian or New Zealand university (and who do not qualify for an exemption) for the following programs:

»Master of Commerce (Management) »Master of Commerce (Marketing) »Master of Finance

The GRE is mandatory for all applicants who have not previously completed an undergraduate degree at an Australian or New Zealand university (and who do not qualify for an exemption) for the following programs:

»Master of Actuarial Science »Master of Commerce (Actuarial Science) »Master of Economics

The GMAT or GRE is required for entry into all Doctoral Programs.

Do I qualify for a GMAT/GRE exemption? Exemptions from the GMAT/GRE are applicable to applicants who fit into the ‘humanitarian aid case’ category – i.e. applicants who:

» are in receipt of a sponsored scholarship from a humanitarian aid organisation (e.g. an Australia Award)

»hold a permanent Humanitarian Visa for Australia

» can demonstrate that humanitarian crisis impacts on their ability to sit the GMAT/GRE (e.g. residence in country where there has been a recent critical threat to their health, safety, security or well-being through armed conflict, epidemic, famine, or natural disaster).

* Please note: If you are applying for

a graduate research program, GMAT

or GRE results are mandatory.

Find out more at: mbs.unimelb.edu.au/faqs

English language requirements

The University of Melbourne has a set of English language requirements which all applicants must meet. If you have completed a previous degree which was taught and assessed entirely in English you may not have to undertake a test. Please refer to English language requirements for graduate applicants.

For further details please refer to: futurestudents.unimelb.edu.au/ admissions/entry-requirements/ language-requirements

Minimum scores and tests accepted: For English language tests, we require documentary evidence of having obtained the minimum scores within the previous 24 months. The following scores meet the requirements for Band 6.5

» IELTS 6.5 (with no band less than 6.0)

»TOEFL (Paper Test) 577 with TWE 4.5

»TOEFL (Internet) 79 with Writing 21, Speaking 18, Reading 13, Listening 13

»Pearson Test of English (Academic) 58-64 inclusive and no communicative skill below 50

For further details please refer to futurestudents.unimelb.edu.au english-requirements

Documentation

Applications should be accompanied by scanned original or certified copies of all qualifications:

» this must include academic transcripts showing all subjects attempted and proof of completion of the degree

» if documents are not in English, a certified translation is required

»you can attach your supporting documents to your online application

»you will need to have access to scanned copies of your documents to upload them to your application

»please note that scanned versions of certified documents do not meet our verification requirements and will be verified with the issuing institution

»you may be required to present original documents to the University at any time during the application process or while you are enrolled at the University

» if the documents on which an offer was based are found at any time to be incomplete or fraudulent, you will face serious penalties, including your enrolment in the course being withdrawn

If you are an international student applying through one of our authorised agents:

» scanned and faxed copies of certified results forwarded by the agent to meet our verification requirements

» if you do not have access to a scanner, you will be able to submit your documents through the post or by fax

» if you are mailing your documents, please send certified copies, as originals are not kept and will not be returned.

If you are applying for a program requiring work experience, you should include a letter from your employer outlining:

»Nature of duties

»Employment start and end dates

»Whether full or part-time

Letters must be written on company letterhead, and should be dated and signed by a superior in the company.

61Scholarships & The application process

“Gaining a CSP has really made completing my graduate study less of a financial burden for me and my family.”

Tanya Nunes received a CSP in the Master of Management (Marketing), and is now employed in a graduate consultant role with Ernst & Young.


Program fees

Program fees can be found on the relevant program page. Fees are subject to an annual increase and those quoted are indicative only. Program fees are determined by the number of subjects you must complete and whether you are a local or international

student. All fees quoted are in Australian dollars ($AUD) and unless otherwise indicated, are for full-time study. Typically, full-time students complete four subjects per semester

and part-time students complete an average of two subjects per semester.

Commonwealth Supported Places (CSP’s)A CSP is a higher education place for which the Australian Government provides funding towards the cost of your education. If you are eligible for a CSP you may be able to use HECS-HELP to help pay your remaining student contribution.

CSP’s are available to Australian and New Zealand citizens and holders of Australian permanent residency visas.

For a student entitled to a CSP in 2016, the full-time student yearly contribution is $10,440 per standard year ($1,305 per standard 12.5 credit point subject).

Programs with CSP’s

The following programs have CSP’s:

»Master of Actuarial Science

»Master of Commerce (Actuarial Science)

»Master of Commerce (Management)

»Master of Commerce (Marketing)

»Master of Economics

»Master of Management

»Master of Management (Accounting and Finance)

»Master of Management (Accounting)

»Master of Management (Finance)

»Master of Management (Human Resources)

»Master of Management (Marketing)

Application deadlines for CSP’s

To be considered for a CSP, you must submit your application by 30 November for Semester 1 entry, or 31 May for Semester 2 entry.

The number of CSP’s is limited and selection is based on academic merit.

Applicants who are not successful in being awarded a CSP, but are accepted into the program will receive an Australian Fee place and may access FEE-HELP to assist in paying fees.

HECS-HELP

HECS-HELP is an Australian government loan program to help eligible students on a Commonwealth Supported Place pay their student contributions. No upfront tuition fees are required for students accessing HECS-HELP.

FEE-HELP

FEE-HELP is a loan program that helps eligible fee paying students (both full and part-time) pay their tuition fees. It is available to Australian citizens and holders of a permanent humanitarian visa. FEE-HELP is similar to HECS-HELP, in that you can defer your tuition fees and repay these later through the taxation system, once your income reaches a specific threshold. You apply for FEE-HELP through a form made available during the online enrolment process.

Students may not exceed the FEE- HELP limit ($97,728 lifetime, indexed).

For more information please visit: studyassist.gov.au

Youth Allowance

Students undertaking a masters by coursework at a higher education institution who meet all other eligibility requirements

will be eligible for student income support (i.e. Youth Allowance). Eligible coursework programs at MBS are the Master of Management (Accounting), Master of Management (Marketing) and the Master of Management (Human Resources).

More information is available at: studyassist.gov.au/sites/StudyAssist/StudentIncomeSupport

Graduate Access Melbourne

Graduate Access aims to provide entry to graduate study to applicants whose personal circumstances have had a sustained adverse effect on their academic achievement at the undergraduate level, or who are members of a specified group known to be underrepresented in higher education. Graduate Access ensures that more students continue to enjoy admission to graduate programs, regardless of their cultural or socio-economic backgrounds.

Students who are successful in their Graduate Access application may receive a CSP and may also be considered for a Graduate Access Melbourne Bursary. This is a one-off grant of $5,000 designed to support students in meeting the costs associated with graduate study. All applicants eligible for Graduate Access Melbourne will be considered for a Graduate Access Melbourne Bursary.

Further information, including the graduate programs under this scheme, is available online at: futurestudents.unimelb.edu.au/ grad/gradaccess

63Program fees

How to apply

Local applicants Local applicants are Australian citizens and permanent residents, New Zealand citizens and holders of a permanent humanitarian visa. For most programs*, local applications must be submitted online by:

»30 November for Semester 1 (February) entry

»31 May for Semester 2 (July) entry

While late applications may be accepted, students are advised to apply as early as possible.

* For information about the application process for the Master of Business Analytics (page 50), Master of Marketing (page 52) and Master of Marketing and Communications (page 54) please refer to the relevant program listing.

Step 01 – Entry requirements

Check the minimum entry requirements for the program to which you want to apply.

Step 02 – Apply online

To apply online you will need:

» to complete the online application form

» a record of your undergraduate grades and grades for any further study (you may apply if you are awaiting final results as conditional offers can be given)

» a statement of intent

»your GMAT/GRE score – if required or unless you qualify for an exemption

Statement of intent:

All applicants are required to supply a statement of intent of no more than 500 words. The statement should describe your personal motivation to undertake further study and can include details of your personal circumstances as well as your life and work experiences. It should emphasise any aspect of your personal history that may enhance your application, including extracurricular activity, community involvement, relevant personal characteristics and any outstanding achievements.

Apply online at: mbs.unimelb.edu.au/ study/how-to-apply

You will be notified of the outcome 10 business days after receipt of your application.


International applicants International applicants are citizens of all other countries.

For most programs* International applications must be submitted by:

»31 October for Semester 1 (February) entry

»30 April for Semester 2 (July) entry

While late applications may be accepted, students are advised to apply as early as possible to avoid visa delays.

* For information about the application process for the Master of Business Analytics (page 50), Master of Marketing (page 52) and Master of Marketing and Communications (page 54) please refer to the relevant program listing.

Step 01 – Entry requirements

Check the minimum entry requirements for the program to which you want to apply.

Step 02 – Apply online

International applicants may apply in one of two ways:

Through one of our overseas representatives, or to apply online you will need:

» a record of your undergraduate grades and grades for any further study (you may apply even if you are awaiting final results as conditional offers can be given)

» a statement of intent

»your GMAT/GRE score (if required) – unless you qualify for an exemption

»TOEFL or IELTS score if you are applying from a country where English is not the official language, or the language of instruction and assessment.

Statement of intent:

All applicants are required to supply a statement of intent of no more than 500 words. The statement should describe your personal motivation to undertake further study and can include details of your personal circumstances as well as your life and work experiences. It should emphasise any aspect of your personal history that may enhance your application, including extracurricular activity, community involvement, relevant personal characteristics and any outstanding achievements.

Apply online at: mbs.unimelb.edu.au/ study/how-to-apply

You will be notified of the outcome approximately six weeks after receipt of your application.

65How to apply

Program portfolio

Programs Duration / format Recent graduate Early career Mid-career Senior manager

MBA suite of programs*

Full-time MBA 1 year full-time

Part-time MBA 2 years part-time

Executive MBA

18 weekend residential

modules over 18

months/ 1 week-long

overseas module

Senior Executive MBA

4 x 4-week residential

modules over 14

months/ 3 residential

modules; 1 overseas

module

Master of Management suite of programs

Master of Management (2 year programs)



2 years full-time

4 years part-time


Master of Management (Accounting)




Master of Management (HR)


Master of Management (1.5 year programs)


1.5 years full-time

3 years part-time


Master of Management (HR)




(2 Year program)

2 years full-time

4 years part-time


(1.5 Year program)

1.5 years full-time

3 years part-time

Specialist masters

Master of Actuarial Science2 years full-time

4 years part-time

Master of Commerce (Actuarial Science)1 year full-time

2 years part-time

Master of Business Analytics* 1 year full-time

Master of Economics2 years full-time

4 years part-timeMaster of Finance

Master of Commerce (Management)1.5 years full-time

3 years part-timeMaster of Commerce (Marketing)

Master of Marketing* 1.5 years part-time

Master of Supply Chain Management12 x 1 to 2-week

intensive modules over

1.5 years

Master of Enterprise

Master of Enterprise (Science)

Graduate research degrees

PhD and Doctoral programs3-4 years full-time

6-8 years part-time

Master of Commerce (by research)1 year full-time

2 years part-time


* For more information about the MBA suite of programs, the Master of Marketing or the Master of Business Analytics:

Melbourne Business School200 Leicester Street, Carlton Victoria, 3053, Australia

T: +61 3 9349 8400

F: +61 3 9349 8404

mbs.edu

For more information about all other programs contained in this brochure:

Melbourne Business SchoolLevel 4, 198 Berkeley Street, The University of Melbourne Victoria 3010, Australia

T: 1800 227 117 (Free call within Australia)

T: +61 3 8344 1670

E: [email protected]

mbs.unimelb.edu.au

For more information about Graduate Research Degrees:

Melbourne Business School Level 4, 198 Berkeley Street, The University of Melbourne Victoria 3010, Australia

T: +61 3 8344 2161


fbe.unimelb.edu

67Program portfolio

Melbourne Business School Faculty of Business and Economics

The University of Melbourne Level 4, 198 Berkeley Street, Victoria 3010

Contact Us

T: +61 3 8344 1670 or 1800 227 117

F: +61 3 9349 5021


www.mbs.unimelb.edu.au

Authorised by: Dean, Melbourne Business School

Published by: Faculty of Business and Economics

Copyright: The University of Melbourne

Graduate Program Guide

August 2015

CRICOS Provider code: 00116K

Intellectual Property: For further information refer to Statutes and Regulations: unimelb.edu.au/Statutes

Copyright: Copyright The University of Melbourne 2015. Copyright in this publication is owned by the University and no part of it may be reproduced without the permission of the University.

Disclaimer: The information in this publication was correct at the time of printing. The University of Melbourne reserves the right to make changes as appropriate. As details may change, you are encouraged to visit the University’s website or contact the University of Melbourne Information Centre to obtain the latest information. Statement on Privacy Policy: When dealing with personal or health information about individuals, the University of Melbourne is obliged to comply with the Information Privacy Act 2000 and the Health Records Act 2001. For further information refer to the privacy policy: unimelb.edu.au/privacy

Melbourne Business School coursework programs guide 2016

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