Business Administration courses

Victoria University

Master Of Business Administration (professional) in Victoria University

  • Duration : 2 Years
  • Intake : March, july, november
  • Level : Postgraduate
  • Tuition & fees : $ 16,200 Per Year
  • IELTS : 6.5
  • TOEFL : 79
  • PTE : 64


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:

  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.

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

 

Know more about Studying in Australia

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
Fees components - (1st year Fees and expense)

Tuition & fees :

$ 16,200

Total

$ 16,200