About Master Of Business Administration (professional) in Victoria University
Overview
Gain the specialist knowledge and skills that will prepare you for senior management positions in a variety of fields with our two year MBA - Master of Business Administration (Professional).
You'll develop an understanding of the overall management of an organisational unit, including its marketing, finance and people.
You'll gain hands-on experience, with assessments designed to solve real business problems through simulation or working with an industry or community partner.
This course presents a strong foundation in conceptual knowledge incorporating recent developments in sustainability and global trends in business. Stay up-to-date with current industry practices while developing expertise in:
- critical thinking
- problem solving
- creativity and
- leadership.
Careers
Successful completion of course could lead to general management and middle management positions in a variety of industries.
Organisations employing MBA graduates
Our students come from a range of professional backgrounds and gain employment in dynamic management and consulting roles in Australia and overseas within the finance, information technology, marketing, engineering, construction, tourism and sporting industries.
Past graduates have gone on to work for organisations such as the United Nations, started their own business or gained a solid business education to complement their existing experience.
Salaries
Australian MBA graduates have the highest MBA compensation (salary plus bonus) in the world at an average of A$142,700
Academic qualification equivalents:
- Entry into a masters degree requires you to have completed an undergraduate qualification that is comparable to
an Australian bachelor degree, honours degree or graduate diploma..
English language requirements (one of the below):
- IELTS : Overall score of 6.5 (no band less than 6.0)
- TOEFL : Test score of 79. Section score no less than:Listening: 19,Speaking: 19,Reading: 18,Writing: 22
- PTE : Overall score of 58-64 (with no section score less than 50)
Victoria University Highlights
Type |
Public |
Campus accommodation capacity |
500 beds |
Application portal |
Online or agent |
Academic calendar |
Semester based |
Mode of programs |
Full-time; part-time; online |
Total no. of alumni |
240,000 |
Total No. of students |
40,000 |
Financial aid |
scholarships |
Victoria University Average Tuition Fees And Other Expenses
The average tuition fees and other expenses at Victoria University vary depending on the course and level of study. Here is a general overview of the estimated costs for international students:
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Tuition fees: The tuition fees for international students at Victoria University range from approximately AUD$24,000 to AUD$40,000 per year, depending on the course and level of study.
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Overseas Student Health Cover (OSHC): International students are required to have health insurance while studying in Australia. The cost of OSHC varies depending on the duration of your course and your chosen provider, but it generally ranges from approximately AUD$500 to AUD$2,000 per year.
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Accommodation: The cost of accommodation will depend on whether you choose to live on or off campus, as well as the type of accommodation you choose. On-campus accommodation ranges from approximately AUD$200 to AUD$400 per week, while off-campus accommodation can range from AUD$150 to AUD$350 per week.
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Living expenses: The cost of living in Melbourne will depend on your lifestyle and spending habits. As a general guide, you should budget for approximately AUD$20,000 to AUD$25,000 per year to cover expenses such as food, transportation, and entertainment.
It's important to note that these are only estimates, and the actual costs may vary depending on your individual circumstances. Additionally, domestic students may have different fee structures and funding options available to them. It's recommended to check the university's website for more detailed information on tuition fees and other expenses.
Type |
Estimated expense |
Tuition fee |
Depends on the course |
Study resources, textbooks and materials |
650 AUD per year |
Graduation ceremony cost |
112.5 AUD |
Health insurance |
435 AUD annually |
Accommodation cost |
Depends on the apartment and choice |
Food and drinks |
100 AUD per week |