About Master Of Business Administration in Victoria University

Overview

Take your career in business to the next level with a Master of Business Administration (MBA) from Victoria University.

Delivered by the Victoria University Business School (VUBS), the Master of Business Administration covers a broad range of business and management disciplines. Tailor your MBA by completing elective units in a particular business area of study.

CEO Magazine's 2019 Global Rankings awarded our MBA a Tier One rating(external link) by for its excellent lecturers, small class sizes, student diversity, value-for-money and international study options.

You can study at our convenient city campus, or complete your MBA 100% online(external link).

Our MBA does not assume any previous studies in business or management and covers a broad range of disciplines focused on business management, including:

• ethics and sustainability
• leadership and strategy
• team management
• enterprise resource planning systems
• accounting and finance
• human resource management and industrial relations
• information systems
• marketing
• logistics and supply chain management
• sport business
• innovation, knowledge and change management.

With our relevant and contemporary course content, taught in the context of workplace scenarios, we develop excellent leaders who understand strategy, innovation and entrepreneurship.

Exemptions are available for completed units in the CPA Professional Program and the Charted Accountants – Australia and New Zealand (CA ANZ) Program.

Connection with industry

In addition to highly qualified VU teaching staff (most hold a PhD) who are renowned in research and working in industry, you will hear from industry guest lecturers, who have included:

• Mike Smith, former ANZ CEO (2007-2015)
• Alan Kohler, business commentator/financial journalist (ABC, Eureka Report)
• VU MBA Alumni.

Our industry and workplace partners have included Crown Hotels, the NAB, Melbourne Convention and Exhibition Centre, IBM and Tennis Australia.

To further support you in the transition to employment, Victoria University has links with:

• Certified Practising Accountants (CPA)
• Governance Institute of Australia
• Chartered Institute of Procurement & Supply (CIPS)
• Graduate Management Association of Australia (GMAA)
• Institute of Managers and Leaders (IML).

Study while you work

The Victoria University Business School (VUBS) is located in the heart of Melbourne’s CBD, with study hours tailored to the working professional.

Our after-hours adjustments put your schedule first and foremost, letting you manage the busy juggle of work and postgraduate research.

You will complete many of your study hours online, and address real issues in the workplace. Our face-to-face classes give you the opportunity to network and collaborate with an engaged and ambitious group of peers.

We also give you the option of studying our MBA entirely online, through our flexible and collaborative digital delivery.

Small classes; personalised delivery

Get the personal attention needed to achieve your potential as a business leader or manager.

We offer small classes where you'll have one-on-one interactions with your lecturers.

We also have an open-door policy. Our academics, who have worked in multiple industries, are happy assist you with your study and work-based enquiries.

Careers in business administration

Master of Business Administration graduates find employment in dynamic middle to senior management roles across finance, IT, marketing, engineering, construction, tourism and sporting industries, both in Australia and overseas. Past VU MBA graduates have undertaken career paths as diverse as joining the United Nations and running successful small businesses.

Job titles

Career progression toward senior management roles that may include:

• chief executive officer
• chief information officer
• marketing/communications director
• human resources director
• financial manager.

Salaries

Australian Master of Business Administration graduates receive some of the most generous MBA compensation (salary plus bonus) in the world 

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

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:

1. 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.

2. 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.

3. 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.

4. 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.