What you will study
The program will help you to understand the origins, principles and values, strengths and weaknesses of the co-operative business model. You will explore how this business model fits in relation to the sharing economy, and how it offers innovative solutions to solving economic, social and environmental challenges. You will:
Each course is designed to provide you with the tools and resources you need to gain a theoretical and practical understanding of how alternative business models operate and how they differ from investor owned business.
Career opportunities
The co-operative, mutual and member-owned enterprises (CME) sector is much larger than you might think and it continues to grow both in Australia and worldwide. There are almost 3 million co-ops worldwide with more than 1.2 billion members, employing near 10% of the world’s population. The largest memberships are currently in India (242 million), China (160 million) and the USA (120 million), however co-operatives and mutuals have a long history throughout Europe. Australia, has more than 2,135 CMEs, with 85% of Australian adults being a CME member.
Academic qualification equivalents
Students are required to have a completed bachelor degree in a relevant discipline.
English language requirements (one of the below):
IELTS : 6.5 With minimum of 6.0 in each band
TOEFL : 79 Overall score between 79-93 with the following scores in each band-
PTE : 58 Overall score of 58-64
University type | Public |
Rank | 207 in World |
Intake type | Semester based |
Programs | Over 180 |
No. of Campuses | 5 |
Applications accepted in | January, February, May, June, July, August |
Program name | Program cost |
---|---|
Bachelor in Business (Honors) | 30,090 AUD |
Bachelor in Science (Honors) | 38,515 AUD |
Bachelor in Law (Honors) | 30,290 AUD |
Program name | Program cost |
---|---|
Master of Business Administration (Global) | 29,770 AUD |
Master of Business Administration (Global) / Master of Science (Data Analytics) | 32,635 AUD |
Master of Law | 31,785 AUD |
The institute provides its applicants with an option of choosing a mode of accommodation that suits their needs and requirements best. The cost of different types of accommodation available to aspirants seeking admission to UON is as follows:
Type of Accommodation | Cost in AUD (per week) |
---|---|
On-campus (catered) | 320 to 510 |
On-campus (non-catered) | 175 to 385 |
Hostels and Guesthouses | 90 to 150 |
Homestay | 235 to 325 |
Off-campus | 100 to 440 |
Type of Expenses | Cost in AUD (per week) |
---|---|
Groceries and Food | 80 to 280 |
Public Transport | 15 to 55 |
Entertainment | 80 to 150 |
Gas and Electricity | 35 to 140 |
Others | 200 to 400 |
Estimated overall expenditure of a year (excluding tuition fee): 20,290 AUD.
English Language Proficiency Test scores are a measure of the English Language fluency of the applicants. The University of Newcastle expects all students to fulfill these test score requirements, including students whose first language is English or have studied in an educational institution whose language of instruction is English for at least 4 years. These tests are conducted to provide a structural base so that there is no hindrance to cope with the syllabi.
Test | Minimum Scores |
---|---|
IELTS | 6.0 to 6.5 - Academic |
TOEFL | 64 to 93 – IBT 500 - PB |
CAE (Cambridge English: Advanced) | 52 |
CPE (Cambridge English: Proficiency) | N/A |
IB (International Baccalaureate) -Standard Level | 4 |
IB (International Baccalaureate) -Higher Level | 3 |
Note: These scores are course dependent and may vary from course to course and hence, students are advised to be well aware of the minimum score requirements.
Tuition Fees in Australia (1st Year Average) | BE/Btech: AUD 29109 | MBA: AUD 35139 | MS: AUD 36803 | BBA: AUD 28693 | MEng: AUD 39298 | BSc: AUD 34307 | MIM: AUD 39298 | MFin: AUD 35347 | MArch: AUD 37218 | BHM: AUD 28693 | MIS: AUD 35347 | MEM: AUD 43040 |
Average Accomodation & Food Costs in Australia | AUD 1680 Per Month Approx |
Entrance Exams in Australia | TOEFL: 77 | IELTS: 6.5 | PTE: 57 | GRE: 300 | GMAT: 600 |
Work and Study in Australia | Permitted for 20 hours/week with a valid study permit. |
Post Study Work Permit in Australia | 2 Year after graduation depending on the course. |
Cost of Student Visa in Australia | AUD 620 |
Student Visa in Australia | The subclasses for the visa were reduced to two from the eight for convenience. The two visa subclasses are Subclass 500 (for students) and Subclass 590 (For Student Guardian). |
Intakes in Australia | There are Two Main Intakes in Australia: February and July. |
Top Job Sectors in Australia | Health Care and Social Assiastance, Construction, Education, Manufacturing, Public Administration and Safety, Transport & Logistics, etc. |
Economy in Australia | 1.7% (2019e) 2.3% (2020e), 10th Largest in the World by Nominal |
Tuition & fees :
$ 17,000
Total
$ 17,000