Business
Master of Business Administration
Learning Mode
Full Time
Duration
2 Years
Start date
February, July, November
Qualification
Master Degree (AQF Level 9)
Fees
AUD 50,880
Location
Melbourne City Campus
About the Course
The Master of Business Administration (MBA) at RMIT University is a highly practical and globally relevant postgraduate program designed for experienced professionals seeking to advance their leadership and management capabilities. This program is built on RMIT’s distinctive approach to practical learning, integrating contemporary business theory with real-world challenges and industry insights. You will develop a holistic understanding of business functions, strategic thinking, innovation, and effective decision-making in complex organizational environments.
The curriculum covers core areas such as leadership, financial management, marketing, operations, human resources, and global business strategy. A key strength of RMIT’s MBA is its emphasis on applied projects, collaborative learning, and direct engagement with industry, including opportunities for internships or consulting projects. Taught by experienced academics and industry leaders, you will refine your problem-solving skills, enhance your critical thinking, and build a powerful professional network, preparing you to lead and innovate in diverse industries worldwide.
Career prospects
Graduates of RMIT’s MBA are highly sought after for senior leadership, management, and strategic roles across a wide spectrum of industries, including corporate, government, and not-for-profit sectors. This prestigious qualification empowers you to drive organizational growth, manage complex projects, and lead teams effectively. Whether you aim for executive positions, entrepreneurship, or significant career transitions, the RMIT MBA provides the credentials and capabilities to achieve your ambitions.
Why choose MBA at RMIT?
Practice-based and Industry-connected
Tackle real-world business challenges through applied projects, internships, and direct engagement with industry leaders.
Develop Global Leadership Skills
Strengthen strategic thinking and leadership capabilities to thrive in complex, interconnected international business environments.
Flexible and Accessible Learning
Study full-time, part-time, or online—flexibly balance education with career and personal responsibilities.
Course Overview
The Master of Business Administration (MBA) (MC217) at RMIT University is a 192-credit point (2-year full-time equivalent) or 144-credit point (1.5-year full-time equivalent) postgraduate program designed for aspiring and current managers and leaders. It aims to develop advanced business acumen, strategic thinking, and leadership capabilities required to excel in today’s dynamic global marketplace.
The course structure typically includes:
- Core Business Disciplines: Units covering fundamental aspects of management, including finance, marketing, operations, human resource management, and economics.
- Leadership and Strategy: Focus on advanced strategic management, organizational change, ethical leadership, and global business practices.
- Electives/Specializations (optional): Opportunity to tailor your studies by choosing electives in areas such as innovation, entrepreneurship, business analytics, or specific industry applications.
- Applied Capstone Project: A significant project that allows students to apply their integrated knowledge to a real business problem, often in collaboration with an industry partner.
This comprehensive program fosters a holistic understanding of business operations and strategic leadership.
Course Duration
Length of the course
- 2 years full-time (192 credit points) for students with a Bachelor’s degree (non-cognate) or equivalent, and/or limited professional experience.
- 1.5 years full-time (144 credit points) for students with a Bachelor’s degree in a cognate discipline (e.g., Business, Commerce, Economics) or a relevant Graduate Certificate/Diploma, and/or significant professional experience.
Mode of Study for international students:
- Full-time enrolment is generally required for international students studying onshore to comply with visa regulations. Online study is available for those studying from their home country.
Course Curriculum
The Master of Business Administration curriculum at RMIT is designed to provide a comprehensive and practical learning experience, integrating core business functions with strategic leadership and real-world application.
- Foundation and Core Business Principles This segment covers essential business disciplines. Units typically include: Managing People and Organisations, Financial Management, Marketing Management, Operations Management, and Business Economics. This provides a strong base for all management functions.
- Strategic Management and Leadership Building on the foundations, this section focuses on higher-level strategic thinking, innovation, and leadership. Units might cover: Strategic Management, Global Business, Entrepreneurship, Managing Organizational Change, and Ethical Leadership.
- Electives and Capstone Project Students can choose elective units to specialised in areas of interest such as business analytics, project management, or supply chain management. The program culminates in a major capstone project (e.g., a strategic consulting project or a business research project) where students apply their integrated knowledge to a complex business challenge.
Admission Requirements
Entry Criteria
- Academic qualifications Applicants must have successfully completed a Bachelor’s degree (or equivalent qualification) from a recognised university, with a minimum Weighted Average Mark (WAM) of 60% or equivalent.
- Professional Experience: In addition to academic qualifications, a minimum of 3 years (for 1.5-year entry) or 2 years (for 2-year entry) of relevant professional work experience, including some management or leadership responsibility, is generally required.
- Alternative Entry: Strong professional experience in a relevant field may be considered in lieu of specific academic qualifications for mature-age applicants.
- Non-Academic Requirements:
- Resume/CV: Submission of a detailed resume outlining professional experience and responsibilities.
- Personal Statement: A statement addressing motivation for undertaking an MBA, career goals, and how the RMIT MBA aligns with these goals.
- Interview: Shortlisted candidates may be required to attend an interview.
Language Proficiency
- English language requirements (e.g., IELTS, TOEFL) For international applicants, demonstrated proficiency in English is mandatory. This is typically evidenced by:
- IELTS Academic: Overall band score of 6.5, with no band less than 6.0.
- TOEFL iBT: Minimum score of 79, with specific minimum scores for listening (16), reading (13), speaking (18), and writing (21).
- PTE Academic: Overall score of 58, with no communicative skill score less than 50.
Fees and Funding
Tuition Fees:
- AUD 50,880 (Postgraduate – per 1 year full-time for international students).
Scholarships and Bursaries: RMIT University offers a range of scholarships and financial aid opportunities to support eligible students in their Master of Business Administration studies. These include:
- RMIT International Scholarships: Various scholarships for high-achieving international students across different disciplines.
- Business and Management Scholarships: Specific scholarships for students pursuing business and leadership qualifications.
- Industry-Sponsored Scholarships: Opportunities funded by RMIT’s industry partners for specific projects or specializations.
- Various other bursaries and support schemes are available, designed to assist students with their study costs and enhance their educational experience.
Career Opportunities
Potential job roles and industries Graduates of RMIT’s Master of Business Administration are highly sought after for their strategic thinking, leadership capabilities, and practical business acumen. The MBA opens doors to a wide array of senior and executive-level positions across diverse sectors.
Common career paths include: General Manager, Operations Manager, Marketing Manager, Finance Manager, Human Resources Manager, Business Development Manager, Consultant, Project Manager, Director, Chief Operating Officer (COO), or roles in entrepreneurship and startup leadership. These roles span industries such as financial services, technology, manufacturing, consulting, healthcare, government, retail, and international business, offering dynamic and impactful career trajectories both in Australia and globally.
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