Master of Business (MC-BUS)
Masters (Coursework)Year: 2025 Delivered: Online
About this course
Contact
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
This course is available in My Course Planner
Coordinator
Jesse Olsen
Overview
Award title | Master of Business |
---|---|
Year & campus | 2025 — Parkville |
Fees information | Subject EFTSL, level, discipline and census date |
Study level & type | Graduate Coursework |
AQF level | 9 |
Credit points | 150 credit points |
Duration | 18 months full-time or 36 months part-time |
Business environments are increasingly dynamic, characterised by volatility, uncertainty, complexity, and ambiguity. In order to navigate such conditions, business managers and professionals must demonstrate agility, lead successful change, and empower their teams to maximise performance while recognising and meeting the ethical responsibilities of individuals and business in society and striving towards sustainability.
The Master of Business equips learners from across diverse fields of study and work to become the business managers and professionals required by the organisations of today and tomorrow. The program develops the core competencies of business management and leadership and allows learners to explore a range of contemporary business topics.
The Master of Business is delivered entirely online and is highly interactive, offering ample opportunities to connect with faculty, industry experts, and each other, through online discussions and webinars. Intended for re-experience and early career professionals, including those from a non-cognate background, the program provides students with a broad foundation in business and economic studies, and the core functional and operational areas of business activity. The program offers students the opportunity to extend their knowledge through either practice-based or research project capstone.
Links to further information
This course is available in My Course Planner
My Course Planner is an interactive web application that allows you to explore your study options and decide which subjects and major(s), minors and/or specialisations are right for you.
Entry requirements
1. In order to be considered for entry, applicants must have completed:
- a bachelor degree or equivalent in a cognate area;
- a bachelor honours degree or equivalent in a non-cognate area;
- a three-year undergraduate qualification and at least 50 credit points, or equivalent, of graduate study in a non-cognate area;
- a three-year undergraduate qualification in a non-cognate area and at least two years of documented, relevant work experience; or
- a minimum of six years documented, relevant work experience.
Meeting these requirements does not guarantee selection.
2. In ranking applications, the Selection Committee will consider:
- prior academic performance
3. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board Rules on the use of selection instruments.
4. Applicants are required to satisfy the university’s English language requirements for graduate courses. For those applicants seeking to meet these requirements by one of the standard tests approved by the Academic Board, performance band 6.5 is required.
Guaranteed Pathway
For those applicants with an undergraduate degree in any discipline who are assessed as not meeting the University of Melbourne WAM-equivalent requirement for entry into the Master of Business a place in the Graduate Certificate in Business may be offered. Successful completion of the Graduate Certificate with a minimum average WAM of 65, and no failed subjects, provides a guaranteed pathway into the Master of Business. Advanced Standing for subjects completed in the Graduate Certificate in Business will be provided where subjects undertaken align with equivalent foundation subjects to be completed as part of this degree.
Inherent requirements (core participation requirements)
Inherent requirements are the abilities, knowledge and skills needed to complete this course that must be met by all students. For information on the inherent requirements specific to this course contact the course/program coordinator. In some circumstances reasonable adjustments may be available to enable students to meet these requirements while still preserving the academic integrity of the university's learning, assessment and accreditation processes. For more information on how to seek these adjustments refer to the Student Equity and Disability Support website: https://services.unimelb.edu.au/student-equity/home
Intended learning outcomes
On completion of this course, graduates should be able to:
Graduates of this degree will be adept influencers and decision-makers in changing and complex organizational environments. They will engage in critical and analytical thinking to make evidence-based managerial decisions, develop solutions to organizational problems, and influence in multi-stakeholder environments.
Learning objectives to achieve this goal
On successful completion of this degree students will be able to:
- Recognise ethical implications and apply ethical principles in decision-making and problem solving.
- Employ evidenced-based techniques to support agile decision-making.
- Engage in analytic and critical thinking to obtain, synthesize, analyse, and evaluate relevant evidence and considerations when making decisions.
- Demonstrate adaptivity and creativity in developing solutions to complex organizational problems.
- Manage and influence the complex interdependencies within and between organisations at individual and collective levels.
- Engage in multi-stakeholder collaboration to create value for all stakeholders.
- Identify and navigate conflict within the organization to achieve optimal outcomes for all key stakeholders.
Graduates of this degree will integrate the human-centric and operations-centric elements of the organization to optimize individual and organizational performance.
Learning objectives to achieve this goal
On successful completion of this degree students will be able to:
- Effectively manage multi-disciplinary and diverse teams.
- Manage, lead and develop high-performance teams, linking the performance of their team/s to the achievement of organizational strategy.
- Identify, recruit and retain high-potential employees.
- Understand the needs and motivations of internal and external customers to develop a service culture within teams and the organisation.
- Manage customer relationships to deliver service excellence and optimize service recovery.
- Procure and deploy operational resources to optimize efficiency and productivity.
- Manage lean operations to do more with less.
Graduates of this degree will be strategically minded, authentic managers and leaders.
Learning objectives to achieve this goal
On successful completion of this degree students will be able to:
- Manage and lead with integrity, personal accountability and authenticity.
- Engage others through effective communication and authentic interaction.
- Engage in responsible management and leadership with an advanced awareness of social, cultural, and environmental responsibilities, and the sustainability implications of actions at individual, team and organisational levels.
- Manage and lead change that aligns with organisational strategy and delivers strategic objectives.
Generic skills
- Problem-solving: to engage with unfamiliar problems and identify relevant solution strategies.
- Critical thinking: to identify, evaluate and resolve complex problems.
- Analytical thinking: to construct and express logical arguments and to work in abstract or general terms to increase the clarity and efficiency of analysis.
- Collaboration: to engage effectively in cohorts and networks.
- Communication: to convey ideas effectively in both written and oral formats.
- Responsible leadership: recognising and understanding the ethical responsibilities of individuals and organisations in society.
Graduate attributes
Our graduates will be expected to be:
Academically excellent
- Knowledgeable of core aspects of management and leadership activities related to value creation in organisations; and
- Analytical in all aspects of managing and leading operations and people.
Knowledgeable across disciplines
- Intellectually curious, creative and independent in thought.
Leaders in communities
- Professional in their approach to managing and leading teams, operations and organisations;
- Effective team members and collaborators;
- Effective communicators of key ideas and theories within the discipline areas; and
- Ethical in their behaviour in management and leadership.
Course structure
The Master of Business requires the successful completion of 150 credit points.
- 50 credit points of foundation subjects
- 75 credit points of discipline core subjects
- 25 credit points of capstone subjects
Subject Options
Foundation subjects
Students complete 50 credit points from:
Code | Name | Study period | Credit Points |
---|---|---|---|
ACCT90040 | Accounting Analysis and Decisions |
Term 2 (Online)
Term 4 (Online)
|
12.5 |
ECON90076 | Empirical Methods for Business |
Term 1 (Online)
Term 3 (Online)
|
12.5 |
ECON90077 | Economics of Markets and Organisations |
Term 1 (Online)
Term 3 (Online)
|
12.5 |
MGMT90239 | Business Analytics for Decision Making |
Term 1 (Online)
Term 3 (Online)
|
12.5 |
FNCE90075 | Managerial Finance |
Term 2 (Online)
Term 4 (Online)
|
12.5 |
MKTG90038 | Value Creation Strategies |
Term 2 (Online)
Term 4 (Online)
|
12.5 |
Discipline Core subjects
Students complete 75 credit points from:
Code | Name | Study period | Credit Points |
---|---|---|---|
MGMT90264 | Adaptive Leadership | Term 1 (Online) |
12.5 |
MGMT90265 | Managing Teams | Term 2 (Online) |
12.5 |
MGMT90266 | Effective Stakeholder Engagement | Term 4 (Online) |
12.5 |
MGMT90267 | Artificial Intelligence in Organisations | Term 2 (Online) |
12.5 |
MGMT90268 | Talent Management | Term 4 (Online) |
12.5 |
MKTG90050 | Customer Experience Leadership | Not available in 2025 | 12.5 |
BUSA90530 | Managing Sustainability for Strat. Adv. |
January (On Campus - Parkville)
July (Online)
|
12.5 |
Capstone subjects
Students complete 25 credit points from:
Code | Name | Study period | Credit Points |
---|---|---|---|
MGMT90270 | Strategy at the Front Line | Term 2 (Online) |
12.5 |
MGMT90271 | Managing Resources for High Performance | Term 3 (Online) |
12.5 |
MGMT90293 | Management & Marketing Applied Research | Not available in 2025 | 25 |
Last updated: 27 February 2025