Master of Business Administration

Royal Melbourne Institute of Technology

About

A Practical MBA informed by Technology and Design:

Empowering aspiring managers to lead change with innovation.The Master of Business Administration provides recent graduates or emerging managers with the opportunity to acquire contemporary business knowledge and skills necessary to take up leadership roles in an increasingly complex and uncertain world.

This program imbues knowledge and skills which will enable graduates to manage organisations and make decisions in an unpredictable business environment.The core curriculum includes design thinking, marketing, leadership, financial analytics, data analytics, managing technology and innovation, strategy, and business consulting.

In addition to the core courses in the program, you can select minor courses to form your own optional electives.

Three minors are available in the program:

design thinking, technology and innovation, and leadership.

You will be provided with various opportunities to employ business design thinking and analytical tools to provide innovative solutions to contemporary business problems.This program provides a range of learning experiences which will allow you to apply management theories and concepts across a range of contemporary organisational contexts.

You will be involved in a variety of learning activities, which include lectures, role plays and other experiential activities, including seminars, discussions, individual and team presentations, team activities, preparing business reports and preparing and presenting business consulting projects.This program emphasises practicalities and the development of skills to address real world issues in contemporary business settings.

The program offers a pathway to success in business for recent graduates with limited working experience, and emerging managers.

MBA graduates can expect careers within a wide cross section of industries and organisations, across private enterprise, management consulting, the public sector and the not for profit sector.The capstone course BUSM4163 Business Consulting will give you the opportunity to critically reflect on this program’s curriculum.

The course will promote the integration and synthesis of a range of knowledge and skills gained in the program and the application of these in discipline related real-world scenarios leading to work readiness.The core research course of this program is ECON1555 Business Data Analytics.

This course is designed to develop your knowledge of research principles and methods and how to apply them within the contemporary business environment.

You will have the opportunity to conduct a research project/proposal and further develop your skills in research methodology.This program is delivered on campus.Applicants who have successfully completed any undergraduate degree (or equivalent) in business or a related discipline and are admitted into the program will receive advanced standing equivalent to four courses.

See Articulation and Pathways for further information.

Structure

Stage A

Business Enabling Courses:

Course Title Credit Points Course Code Campus
Management 1 - Managing People 12 BUSM1162 City Campus
Business and Government in the Global Context 12 BUSM3886 City Campus
Global Business and Social Technology: A Case Study Approach 12 ISYS1028 City Campus
Accounting for Management Decisions 12 ACCT2127 City Campus
AND

Stage B:

Complete the following Four (4) Courses:

Course Title Credit Points Course Code Campus
Design Thinking for Business 12 BUSM4534 City Campus
Leadership and Management 12 BUSM1530 City Campus
Marketing for Managers 12 BUSM1534 City Campus
Financial Analytics for Managerial Decisions 12 BUSM4154 City Campus
AND

Stage C:

Complete the following Three (3) Courses:

Course Title Credit Points Course Code Campus
Management of Technology and Innovation 12 BUSM4537 City Campus
Strategy 12 BUSM3255 City Campus
Business Data Analytics 12 ECON1555 City Campus

Select and complete One (1) Course from the Minors below OR any One (1) Postgraduate Business and Law Option.

AND

Stage D:

Complete the following One (1) capstone course:

Course Title Credit Points Course Code Campus
Business Consulting 12 BUSM4163 City Campus

Select and Complete Three (3) Courses from the Minors below OR any Three (3) Postgraduate Business and Law Options.

AND

Minors:

Technology and Innovation:

Course Title Credit Points Course Code Campus
Digital Innovation 12 INTE1014 City Campus
Technology Futures 12 INTE2558 City Campus
Digital Entrepreneurship 12 BUSM2478 City Campus
Digital Risk Management and Information Security 12 INTE1002 City Campus

Leadership:

Course Title Credit Points Course Code Campus
People and Organisations 12 BUSM3249 City Campus
Personal Branding and Authentic Leadership 12 BUSM2481 City Campus
Leading in the Age of Digital Disruption 12 BUSM2518 City Campus
Digital Entrepreneurship 12 BUSM2478 City Campus

Entry requirements

Academic Entrance requirements

Australian Bachelor degree or equivalent in Business (or a related discipline) with a GPA of 1.0 (out of 4.0); or

Australian Bachelor degree or equivalent in Business (or a related discipline) and a GMAT overall minimum score of 550

or

Successful completion of the RMIT Graduate Certificate in Business Administration or

Australian Graduate Certificate, Graduate Diploma or Masters degree or equivalent in Business (or a related discipline) with a GPA of 1.0 (out of 4.0); or

Australian Graduate Certificate, Graduate Diploma or Masters degree or equivalent in Business (or a related discipline) and GMAT overall minimum score of 550

English Language Requirements:

For information on English Language Requirements and acceptable English Language tests please see: www.rmit.edu.au/international/english-equivalent.

Learning outcomes

The range of program learning outcomes addressed in the program improves graduate employability by responding to the expectations of employers.

In this program you will develop approaches to leadership and design-based strategies, and apply specialized knowledge from minors to create and address a range of organisational issues as a global manager.

On the successful completion of this program you will be able to:

1. Critically evaluate and reflect on contemporary issues, theories and practice within complex and uncertain business environments

2. Apply design thinking and analytics tools to develop innovative solutions to business problems

3. Develop leadership capacity and technology proficiency with an awareness of legal, ethical social, economic and environmental implications in an age of digital disruption

4. Demonstrate high level interpersonal skills, including collaboration, consulting, critical thinking and persuasive communication (oral and written), in a range of contexts

5. Integrate theory and authentic practice, and maintain and extend currency in professional practice

6. Apply research principles and methods to business problems, and make reasoned judgments about contemporary business practice

Institution