MASTERS

PROGRAMS
RECENT GRADUATE EARLY CAREER PROFESSIONALS

2017
MBS.UNIMELB.EDU.AU
 MELBOURNE
BUSINESS SCHOOL

Melbourne Business School is where academic rigour and the relevance of the
business world come together to equip emerging leaders with the knowledge,
research insights, and skill to lead and have an impact.

We are a leading provider of management education in the Asia Pacific CONTENTS

region, offering graduate programs that meet the needs of business Our Programs 04
professionals at key stages of their careers.
Welcome to the World Class 06

Whether you’re a new graduate,
early career professional or taking
the next step to lead organisations,
MBS will equip you with the
knowledge and skills to make
an impact. Our suite of programs
in this publication, aimed at
new graduates and early career
professionals, which do not
require work experience, offer
you the flexibility to upskill
or change your career in a
new direction.
Professor Paul Kofman
Dean, Faculty of Business
and Economics
Sidney Myer Chair
of Commerce
As a Melbourne Business School While diverse in their The City of Melbourne 08
student, you’ll have opportunities backgrounds, our students Student life at MBS 10
to enhance your employability are united by their motivation
by participating in a range of to succeed, the ability to provide Scholarships 12
extra and co-curricular activities meaningful contributions in Our disciplines 15
including; industry exposure the classroom, and the desire
Master of Management (Accounting) 16
through real life case studies, to transform their lives to
business consulting projects, become leaders in their field. Master of Management (Accounting and Finance) 18
practicums, mentoring programs Master of Finance 19
Welcome to the world class.
and opportunities to give back
to society with the projects run Master of Management (Finance) 20
by our student clubs.
Master of Commerce (Management) 22
Master of International Business 24
Master of Management 26
Master of Management (Human Resources) 28
Master of Commerce (Marketing) 29
Professor Zeger Degraeve
Master of Management (Marketing) 30
Dean, Faculty of Business
and Economics Master of Marketing Communications 32
Dean, Melbourne
Business School
Master of Actuarial Science 33
Master of Commerce (Actuarial Science) 34
Master of Economics 35
Master of Applied Econometrics 36
Master of Business Analytics 37
Fees 38
The application process 40

Program portfolio 42
MELBOURNE BUSINESS SCHOOL Our Programs 05

OUR PROGRAMS

Potential Potential
Previous Previous
credit credit
Discipline GMAT Discipline GMAT
Degree Programs Duration Entry for prior Entry Requirements Page Degree Programs Duration Entry for prior Entry Requirements Page
Study or GRE Study or GRE
business business
Required Required
studies studies
Accounting Marketing

»» Undergraduate or postgraduate degree with major

200 point program: in management, marketing or related discipline
2 years full-time / »» An undergraduate degree in any discipline, Master of Commerce 1.5 years full-time / GMAT
Semester 1 Yes No with a minimum 70% average or equivalent 29
(Marketing) 3 years part-time or GRE
4 years part-time or equivalent »» Performance on the GMAT or GRE
Master of Management (200 point program) Semester 1 / Yes – up to »» Personal statement »» Personal statement
No No 16
(Accounting) 1.5 years full-time / Semester 2 50 points 150 point program:
3 years part-time »» An undergraduate degree in business/commerce 200 point program:
(150 point program) or related discipline or equivalent 2 years full-time / »» An undergraduate degree in any discipline,
»» Personal statement 4 years part-time or equivalent
Master of Management (200 point program) Semester 1 / Yes – up to »» Personal statement
No No 30
(Marketing) 1.5 years full-time / Semester 2 50 points 150 point program:
3 years part-time »» An undergraduate degree in business/commerce
»» An undergraduate degree in a business/commerce
(150 point program) or related discipline or equivalent
discipline, or equivalent, including studies in subjects
»» Personal statement
Master of Management 2 years full-time / Semester 1 / relating to Accounting and Finance; or
Yes No No 18
(Accounting and Finance) 4 years part-time Semester 2 »» An undergraduate degree with a minor sequence
200 point program:
of study in a business/commerce discipline; and
»» Undergraduate degree with at least 70% average
»» Personal statement
or equivalent
Master of Marketing 2 years full-time
Communications 150 point program:
(200 point program)
Finance Semester 1 /
No
Yes – up to
No »» Undergraduate degree in a cognate discipline 32
Collaborative program hosted Semester 2 50 points
1.5 years full-time with at least 70% average or equivalent, or
by the Graduate School of
(150 point program) »» Undergraduate degree in any discipline with at least
»» Undergraduate degree or equivalent in relevant Humanities and Social Sciences
70% average or equivalent, and at least two years of
discipline, with studies in Business Finance,
Master of Finance documented, relevant media and communications
2 years full-time / Semester 1 / GMAT Investments and Corporate Finance (37.5 points),
Graduate Diploma in Yes No 19 work experience or equivalent
4 years part-time Semester 2 or GRE or their equivalents
Finance also available
»» Performance on the GMAT or GRE
Actuarial Studies
»» Personal statement
»» Undergraduate or graduate degree in any discipline
Master of Actuarial Science with the equivalent of a major in mathematically
2 years full-time /
200 point program: Graduate Diploma in Actuarial Semester 1 No No GRE based subjects 33
4 years part-time
»» An undergraduate degree in any discipline, Science also available »» Performance on the GRE
or equivalent »» Personal statement
Master of Management 2 years full-time / Semester 1 / Yes – up to »» Personal statement
No No 20
(Finance) 4 years part-time Semester 2 50 points »» Undergraduate or postgraduate degree in actuarial
150 point program: science or similar with a weighted average mark
»» An undergraduate degree in business/commerce Master of Commerce 1.5 years full-time / Semester 1 /
Yes No GRE of at least H2A (75%) 34
or related discipline or equivalent (Actuarial Science) 3 years part-time Semester 2
»» GRE score may be required
»» A personal statement
Management Economics / Econometrics

»» Undergraduate or graduate degree (or equivalent)

Undergraduate degree or postgraduate degree with a
with a strong analytical and/or mathematical
major in management, marketing or related discipline
Master of Commerce 1.5 years full-time / GMAT component and a minimum 75% average
Semester 1 Yes No with a minimum 70% average or equivalent 22
(Management) 3 years part-time or GRE Master of Economics »» Performance on the GRE
»» Performance on the GMAT or GRE
Graduate Diploma in 2 years full-time / »» Personal statement
»» Personal statement Semester 1 No No GRE 35
Economics also available 4 years part-time »» Masters applicants who meet the following
requirements may be awarded up to 100 points
of credit: four-year honours degree in economics
200 point program:
2 years full-time / or relevant postgraduate degree with a minimum
»» An undergraduate degree in any discipline,
4 years part-time 75% average
or equivalent
Master of International (200 point program) Semester 1 / Yes – up to
No No »» Personal statement 24
Business Semester 2 50 points »» Undergraduate or postgraduate degree with a
1.5 years full-time /
150 point program: strong analytical and mathematical component
3 years part-time
»» A degree in business/commerce or related discipline with a major in social science, commerce or STEM
(150 point program) Master of Applied 2 years full-time /
»» Personal statement Semester 1 No No GRE with a weighted average mark of at least H3 (65%) 36
Econometrics 4 years part-time
»» A first year statistics subject must have
been completed
200 point program: »» Personal statement
2 years full-time / »» An undergraduate degree in any discipline,
4 years part-time or equivalent Analytics
(200 point program) Semester 1 / Yes – up to »» Personal statement
Master of Management No No 26
1.5 years full-time / Semester 2 50 points 150 point program: »» Undergraduate degree and academic transcript
3 years Part-time »» An undergraduate degree in business/commerce (with demonstrated success in quantitative subjects)
(150 point program) or related discipline or equivalent Master of Business »» Resume
1 year full-time January No No No 37
»» Personal statement Analytics »» Proof of citizenship or residency
»» Interview
»» IELTS of 7.0 and no band less than 6.5 or equivalent
200 point program:
2 years full-time / »» An undergraduate degree in any discipline,
4 years part-time or equivalent
Master of Management
(Human Resources)
(200 point program) Semester 1 /
No
Yes – up to
No
»» Personal statement
28
Meeting these requirements does not »» prior Academic Performance; and The Selection Committee may seek further
1.5 years full-time / Semester 2 50 points 150 point program: guarantee selection. information to clarify any aspect of an
3 years part-time »» An undergraduate degree in business/ »» the GMAT or GRE score unless the application.
In ranking applications, the Selection applicant has completed an undergraduate
(150 point program) »» commerce or related discipline or equivalent
»» Personal statement Committee will consider: degree in Australia or New Zealand or met *A
 ll programs require an IELTS of 6.5 with
one of the approved conditions for GMAT no band less than 6.0 or equivalent unless
or GRE exemption, see p. 40 otherwise specified
* International Student Visa holders are
»» the personal statement. not eligible to enter part-time programs
MELBOURNE BUSINESS SCHOOL Global reputation 07

WELCOME
TO THE
WORLD CLASS

When choosing a university you want

to know that at the end of your study,
you can work anywhere in the world.

“Studying business at Melbourne Business

School is a challenging but also rewarding
Accounting Business and
experience. You have to work hard but your and Finance Management
achievements are recognised and you will get
support along the way. The opportunities to
get involved and connect with fellow students
are excellent and really give you that feeling
of a community within MBS and beyond.”

Isabel Schoen GERMANY

MASTER OF MANAGEMENT
(ACCOUNTING)
#
1 in
Australia
#
12 in the
world
#
1 in
Australia
#
15 in the
world

QS World Rankings by subject 2016. QS rankings are based on academic reputation, employer reputation and research impact.

Flexible Top-tier
study options teaching staff

AACSB Accreditation
Melbourne Business School is
accredited internationally by the
Association to Advance Collegiate
Schools of Business (AACSB)
International. AACSB is a global,
non-profit membership organisation
of educational institutions, businesses
and other entities devoted to the
advancement of management
education.
EQUIS Accreditation
We are accredited internationally
by EQUIS (the EFMD Quality
Improvement System). EQUIS
is a leading international
system of quality assessment,
improvement and accreditation
of higher education institutions
in management and business
administration.
The majority of our programs are offered on
a part-time basis (for Domestic students) and
a large number of our classes are offered in
the evenings.
Classes at Melbourne Business School (MBS)
are taught on-campus, with a mix of lectures,
seminars and tutorials. Selected subjects
are also offered in an intensive mode over
the summer and winter semesters.
We understand you want to learn from relevant
industry professionals. Our academic experts
are inspiring and talented. They are experts in
their fields and many consult in industry. They
want to share their knowledge with you, and
help accelerate your professional journey.
Find out more about our academics at
mbs.unimelb.edu.au/degrees
MELBOURNE BUSINESS SCHOOL The City of Melbourne 09

THE CITY OF
MELBOURNE #
1
Most liveable
city in the world
(The Economist, 2010 –
2015 Liveability rankings)

2
# In the world for
best student city
(QS Rankings 2015)

4
# In the world for
quality of life
(Monocle’s 2015 Quality
of Life Survey)

Melbourne Business School is located in the heart of Melbourne,

one of the world’s most liveable cities boasting culturally
diverse communities. MBS sits on the edge of the Melbourne
CBD, with ready access to public transport.

Festivals Cafe culture

Home to major events such as:
Melbourne International Comedy
Festival, Melbourne International
Film Festival, Melbourne Writers
Festival, White Night and the
Fringe Festival.
Sporting capital
Sporting highlights include:
Australian Open Tennis, Formula 1
Grand Prix, the glamorous Melbourne
Cup Carnival, and of course,
Australian Rules Football (AFL).
Melburnians love food and Melbourne
wine, from budget to high-end, Victoria
and Melbourne is famous for
its European-style cafe and
restaurant culture.
Melbourne at a glance
Easy to get around
Population: 4.4 million
Reliable and easy to navigate
public transport system of Climate: Temperate
trams, buses and trains.
Rainfall: Low
More info at
visitmelbourne.com
MELBOURNE BUSINESS SCHOOL Student life at MBS 11

STUDENT LIFE Exchange and Destinations for outbound study

abroad and exchange (depending

AT MBS Partner Institutions on program) include:

Global Business
Netherlands Sweden Practicum partners 2015
Erasmus University Rotterdam Lund University
At MBS, we offer a comprehensive program to support your learning, develop
Denmark Shanghai
your skills, and enrich your degree. We encourage you to be involved both on
UK Copenhagen University of
and off campus and to make the most of your time outside the classroom. Durham Manchester Business School Copenhagen
ANZ, KPMG, PWC, Rio
University Business School
Milan, Italy China Tinto, Spaceframe
Kings College Bocconi University Shanghai Jiaotong
London University
Hong Kong

PWC, Melco Crown,

Nomura, Ocean Park
& Telstra Global
Student Societies
Singapore
Being part of a student society is a key component of student life at MBS. Canada
Joining a student society is not just about getting involved, volunteering, Discover all of our HEC Montreal
NAB, GSK, KPMG,
gaining new skills, and making new friends during your time at MBS – Student Clubs at PWC, QBE
many of our clubs also give back to the community. mbs.unimelb.edu.au/enrich
USA
Boston College
Kuala Lumpur

Harvard University Norway

University of Oslo Ambank, Bayer, Maxis,

7 NOT-FOR-PROFIT Accounting Students’ Association (ASA) Urban rejuvenation Mondelez, QBE

Rutgers, The New Zealand
PROGRAMS IN 2015 State University Paris, France University
Actuarial Students’ Society of New Jersey HEC School of Management of Auckland
Melbourne Business
Practicum partners 2015
AIESEC
Students worked with government
and the community on the urban
Lighthouse Banking on Women (BoW) rejuvenation of Anstey Train Station Including: ANZ,
in Brunswick into a safer, family- YGAP, LinkedIn,
Foundation
friendly space. NAB, Kaiela Institute
A successful franchise plan and CAINZ
manual to ensure the sustainable
and rapid roll-out of “Therapeutic Nexus Abroad
Family Model of Care” (TFMC™) to
support homeless young people.
Economics Student Society Practicums
of Australia (ESSA)

Students set up sales and

South Oakleigh
Wildlife Shelter
Students produced a value
chain model and procedure
recommendations allowing
them to cope with demand
into the future.
Other projects at:
»» United Nations ESCAP
»» Lort Smith Animal Hospital
ENACTUS
Financial Management Association
of Australia (FMAA)
Global Consulting Group
Graduate Student Association (GSA)
Melbourne Business School
Student Association (MBSSA)
Melbourne Microfinance Initiative (MMI)
distribution channels in Australia
for a charity teaching Nepalese
women new skills and handicrafts.
Buffalo-rearing
Students founded a
buffalo-rearing business
in Nepal, creating jobs
for the local community.
Melbourne
Microfinance Initiative
We offer our students a unique duo
of programs which sets us apart from
other Australian business schools:
the Global Business Practicum
(GBP) and the Melbourne Business
Practicum (MBP). In teams, students
are assigned to a host company to
undertake a real business consulting
project. The Practicum experience
Practicum 2015 Facts
96 80
plays an important role in bridging “Over the past few
the gap between academic learning
and the commercial world for MBS years, we have hosted
students and offers excellent career a number of student
preparation.
teams. They bring
Entry to our practicum subjects
is highly competitive, students will
fresh perspectives and
be considered based on a separate thorough analysis,
application and their GPA to-date.
and deliver ideas that
provoke conversations
at the bank.”
Steven Aney,
24 20 Head of Risk Methodology, ANZ

»» The East West Overseas » Students consulted with microfinance Students Students Partner Partner
Aid Foundation Students’ Association of Management charities overseas to improve the participated participated companies companies
»» DVA Theatre positive impact on their clients.
and Marketing (SAMM) in the MBP in the GBP for the MBP for the GBP
MELBOURNE BUSINESS SCHOOL
Creating Future
Leaders Series
The Creating Future Leaders
Series aims to put our students
and young alumni into conversations
with business leaders from Australia
and overseas, and is presented by
innovative, inspiring speakers from the
corporate and not-for-profit sectors.
Recent speakers have included:
»» Erica Davis and Fiona Triaca,
Naked Ambition
»» Marcus Godinho,
FareShare
»» Daniel Flynn,
Thankyou.
Read an interview with Daniel
Flynn at fbe.unimelb.edu.au/
home/newsroom/
SCHOLARSHIPS
Melbourne Business School offers a generous number
of scholarships to outstanding commencing local and
international students, based on academic merit.
A.G. Whitlam Graduate
Scholarships
For: local and international students
Award: 25% to 100% fee remission
for the duration of the program
Graduate Merit Scholarships
For: local and international students
Award: 25% to 50% fee remission
for the duration of the program
Read more about MBS scholarship opportunities at:
mbs.unimelb.edu.au/scholarships
Personal effectiveness Internships
program
In addition to the technical skills
you’ll gain from your degree, MBS
also offers students the opportunity
to develop their employability skills –
those non-technical skills, knowledge
and understanding that you need
to participate effectively in the
workplace. Delivered by experts, these
workshops will develop your skills
and knowledge on topics including:
»» Workplace communications
»» Building business rapport
»» LinkedIn
»» Networking
International Postgraduate
Coursework Awards
For: international students
Award: 25% fee remission for
the duration of the program
Eric J Ingram Prizes
For: current students
Award: 24 subject prizes. Each
recipient was awarded $500 in 2015
Scholarships 13
“About a year ago, I came
Local and international internships are
offered in a variety of organisations to Melbourne as a complete
and industry sectors. Each internship stranger. Whether it was studying
is formulated to provide students at MBS or meeting the people
with valuable experience, introducing
I’ve met at UniMelb or just the
challenges and opportunities faced
in the working world. Depending city, I already feel like this is the
on the needs and resources of the city that I’d like to call home for
employing organisation, internships a long time. Never before has
can vary in length, are paid at least a place made me feel this way.”
a minimum wage, and may lead to
continuing work.
100+ graduate
scholarships
awarded in 2015
40+ Domestic
Graduate Merit
Scholarships
awarded in 2015
40+ International
Graduate Merit
Scholarships
awarded in 2015
There is no separate application
needed for our scholarships.
All program applications received
by the relevant application MASTER OF MANAGEMENT INTERNATIONAL GRADUATE
Harini Warrier INDIA
(FINANCE) MERIT SCHOLARSHIP RECIPIENT
deadline will be automatically
considered for a scholarship.
MELBOURNE BUSINESS SCHOOL
“Choosing the right degree
is complicated. Companies
are increasingly looking to see
if the degree is relevant to the
industry. For me, MBS programs
are highly relevant to the
working world and they are
taught by academics who are
committed and specialised
educators trained for their field.”
Accounting
Accounting in today’s business
world is extremely sophisticated.
Accounting helps us to understand
the financial structure of an
organisation, and produce and
analyse financial information.
The University of Melbourne has
taught accounting since 1925 and
has built a strong reputation as a
premier educator in the field which
it continues today with a high calibre
of academic staff and students.
Actuarial Science
Actuarial Science is a discipline
well-known for its quantitative
aspects and mathematical rigour.
An actuary’s work is based upon
a multi-disciplinary background of
mathematics, statistics, demography,
finance and economics.
The Centre for Actuarial Studies
is located within the Department
of Economics. The Centre is one
of only seven teaching units in
Australia that are fully accredited
by the Actuaries Institute.
Economics
Economics examines ways to
understand what happens in
markets, the performance of
national economies, and develops
approaches for analysing and
interpreting data.
The Faculty of Business and
BACHELOR OF BUSINESS MASTER
Aaron Chia SINGAPORE
MANAGEMENT, RMIT OF FINANCE
Economics is also home to the
Melbourne Institute of Applied
Economic and Social Research
(MIAESR), Australia’s leading
and longest-standing research
institute in the field of economics.
Our disciplines 15
OUR DISCIPLINES
Econometrics Management
Econometrics applies statistical Management focuses on how
methods for estimating economic organisations operate – what they
relationships, testing economic do, their employment practices,
theories, and evaluating and management methods, and their
implementing policy. Econometric business strategies. It is the process
methods are used to inform on of achieving organisational goals,
diverse issues including understanding and demands an understanding
fiscal responses to macroeconomic of the economic, social and
conditions, and the impact of environmental contexts.
government policies, such as
Our Management programs are
the impact of trade liberalisation
taught by some of the finest
on wage inequality.
Australian and international
The Department of Economics has academics acclaimed for their
over 20 academic staff specializing innovative teaching and engaging
in theoretical or applied econometrics. subject matter.
The Econometrics Research Unit
is a joint endeavour between the
Department of Economics and
the MIAESR. Marketing
Marketing is about understanding
customer needs, resources and
networks to create value for the
Finance
customer and for the organisation.
Financial markets, products and
Marketing programs at MBS are
practices are fast-evolving, posing
designed and taught by academics
challenges for practitioners who
known for their top-tier research and
must keep pace with increasingly
high-quality teaching performance.
complex products.
Many are consultants to businesses,
The Department of Finance is government and the corporate sector.
one of the few Australian university
departments exclusively committed
to this discipline and is internationally
recognised for its world-class
research, research training, and
undergraduate and postgraduate
education in finance. The global
relevance of its curriculum
is evidenced by its program
partnership with the CFA Institute.
MELBOURNE BUSINESS SCHOOL Master of Management (Accounting) 17

MASTER OF MANAGEMENT “After a year of full-time work

at Deloitte, I found that I needed
(ACCOUNTING) the systematic knowledge and
training in both management
and accounting disciplines to
add to my Bachelor knowledge
in economics and finance, in
order to prepare myself for
a financial advisory career.”

The Master of Management Who is it for? Choose from over 85

(Accounting) provides specialist
This degree is suitable if you have an electives to tailor your
training in accounting and enables
you to develop knowledge and undergraduate degree in areas outside graduate program towards
skills in: of business/commerce and wish to your career goals.
practice accountancy. The program
»» financial accounting is also suitable if you are a business/
commerce student who wants to
»» managerial accounting
add accounting to your portfolio.
»» auditing
»» taxation Professional accreditation Find out more
»» corporate finance This program is certified by CPA mbs.unimelb.edu.au/mma
Australia and Chartered Accountants
»» accounting information systems Australia and New Zealand. Successful
completion will prepare you for
entry to the Chartered Accountants
Australia and New Zealand
(CAANZ) or Certified Practising
Accountant (CPA Australia)
professional studies program.

Master of Management (Accounting) program structure

Career outcomes
Sample 200-point study plan:
Graduates of this program are
employed in roles such as:
Quantitative
Accounting for Managerial Financial
Sem 1 Methods for
Decision Making Economics Management
Business
Year 1
Within 1 year of graduating:
Foundation Strategic Cost Legal Issues for Corporate
Sem 2 Accountant, KPMG, Australia
option 1 Management Accountants Reporting

Information Strategic Taxation for

Financial Within 6 years of graduating:
Sem 1 Processes and Performance Business
Accounting
Control Management Decision Making Financial Analyst at Mattel
Year 2 Asia Pacific, Hong Kong
Auditing and Integrated
Sem 2 Assurance Accounting General elective General elective
Services Studies
Within 7 years of graduating:
PREVIOUSLY: MASTER OF MANAGEMENT
Analyst, Deloitte, Australia Claire Li CHINA
NB: This is a sample program plan and is indicative only.
ANALYST AT DELOITTE (ACCOUNTING)

Foundation/constrained-choice Core/constrained-choice core Elective

foundation subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of Finance 19

MASTER OF MANAGEMENT MASTER

(ACCOUNTING AND FINANCE) OF FINANCE

The Master of Management Professional accreditation
(Accounting and Finance) is
a new program which provides The University of Melbourne is a
foundation and advanced studies program partner of the CFA Institute,
in the disciplines of accounting the global association for investment
professionals that awards the
and finance including:
prestigious CFA designation. The
»» investment management Master of Management (Accounting
and Finance) covers at least 70% of
»» corporate financial policy
all three levels of the CFA program,
»» financial accounting Candidate Body of Knowledge (CBOK)
»» auditing and assurance services
topics, the CFA Institute ethical and
professional standards, and other
CFA program partner requirements.
Who is it for?
Through the appropriate selection
The Master of Management of subjects, you will also able to
(Accounting and Finance) is suited meet the professional requirements
to business/commerce students of CPA Australia and CAANZ.
who wish to add accounting and
finance to their portfolio.
If you wish to apply for entry into the
CAANZ or CPA Australia professional
studies programs, the following
subjects must be completed:
»» Auditing and Assurance Services
»» Corporate Reporting
»» Financial Accounting
»» Information Processes and Control
»» Legal Issues for Accountants
»» Strategic Cost Management
»» Strategic Performance Management
»» Taxation for Business Decision Making
Find out more
mbs.unimelb.edu.au/mmaf
The Master of Finance provides
an understanding of financial
management principles and their
application to corporate financial
policy. Graduates of the degree
will have an understanding of:
»» Australian and international
financial markets
»» derivative assets and the operation
of the markets in these assets
»» aspects of the finance industry
»» appropriate skills for analysing
and interpreting developments
in financial practice
Who is it for?
This program is ideal if you are
interested in working in the finance
industry and have studied some
finance in your undergraduate degree.
Professional accreditation
The University of Melbourne is a
program partner of the CFA institute,
the global association for investment
professionals that awards the
prestigious CFA designation. The
partnership means that the Master
of Finance covers at least 70% of
all three levels of the CFA program
candidate body of knowledge (CBOK)
topics, the CFA institute ethical and
professional standards, and other
CFA program partner requirements.
CPA Program
CPA program graduates can receive
credit for one of the following
subjects:
»» Accounting for Decision Making
»» Financial Statement Analysis
Find out more
mbs.unimelb.edu.au/mf
Graduate Diploma
in Finance
The Graduate Diploma in Finance
makes up the first year of the Master
of Finance. It offers flexibility to
students seeking a shorter graduate
qualification in finance. The Graduate
Diploma in Finance is eight subjects
in duration, and will normally be
completed in one year of full-time
study or two years part time. Entry
requirements are the same as those
for the Master of Finance.

Master of Management (Accounting & Finance) Master of Finance program structure

program structure
Career outcomes Career outcomes
Sample 200-point study plan:
Sample 200-point study plan: Graduates of this program are likely Graduates of this program are
to be employed in organisations like employed in roles such as:
Quantitative
banking and consulting firms in roles Economics Accounting
Sem 1 Analysis of Finance elective
Strategic such as: of Finance subject
Corporate Investment Financial Finance 1
Sem 1 Performance
Financial Policy Management Accounting
Management Year 1
Within 1 year of graduating:
Year 1 Financial International Advisory, Corporate Finance,
Derivative
Sem 2 Markets and Financial Finance elective
Auditing and Securities Grant Thornton Australia
Derivative Within 1 year of graduating: Instruments Management
Sem 2 Assurance Finance elective Elective
Securities Financial Analyst
Services

Quantitative Mergers and

Sem 1 Analysis of Value Enhancing Finance elective Finance elective Within 3 years of graduating:
Accounting Accounting Finance 2 Strategies Associate Analyst at Macquarie
Sem 1 Finance elective Elective Within 3 years of graduating:
elective elective
Year 2
Group, Australia
External Auditor
Year 2
Case Studies Strategic
Sem 2 Finance elective Finance elective
in Finance Management
Accounting Capstone
Sem 2 Finance elective Elective Within 6 years of graduating:
elective subject Within 5 years of graduating:
Investment Banker Relationship Associate, Citi, Australia
NB: This is a sample program plan and is indicative only.

NB: This is a sample program plan and is indicative only.

Core/constrained-choice core Elective Core/constrained-choice core Elective

subject or capstone subject subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of Management (Finance) 21

MASTER OF MANAGEMENT “I wanted to transition into

the Finance field, but I didn’t
(FINANCE) want to restart my studies
altogether. Melbourne Business
School provided me with
the opportunity to develop
these skills in a postgraduate
environment, at a high quality
institution with an experienced
Faculty team.”
The Master of Management (Finance) Who is it for? Gain experience consulting
will provide you with advanced
This degree is ideal if you hold an for a large organisation in
competencies, professional skills
and knowledge in the finance undergraduate degree in an area Melbourne or overseas with
discipline and will prepare you for outside of business/commerce, and our Practicum subjects.
entry into the finance profession. your goal is to assume a managerial
Areas the program covers include: position in the field of finance. The
degree is also suitable if you are a
»» financial management business/commerce student who
wishes to add finance to your portfolio.
»» corporate finance
Find out more
»» investment management
mbs.unimelb.edu.au/mmf
»» general management skills

Master of Management (Finance) program structure

Career outcomes
Sample 200-point study plan:
Graduates of this program are
employed in roles such as:
Quantitative
Financial Accounting for Foundation
Sem 1 Methods for
Management Decision Making option 1
Business
Year 1
Within 1 year of graduating:
Foundation Corporate Investment
Sem 2 Elective Analyst, Westpac, Australia
option 2 Financial Policy Management

Derivative Within 3 years of graduating:

Sem 1
Securities
Finance elective Finance elective Elective
Senior Consultant, Booz Allen
Peter Christley
Year 2 Hamilton, US
Capstone
Sem 2 Studies in Finance elective Elective Elective
Finance
Within 4 years of graduating: PETER STUDIES FULL-TIME
Associate FX Dealer at Bank BACHELOR OF MASTER OF
WHILE WORKING AS A PART-TIME
Negara, Malaysia AUSTRALIA ARTS, UNIVERSITY MANAGEMENT
NB: This is a sample program plan and is indicative only. BUSINESS ANALYST AT GUILDFORDS
OF LEEDS (FINANCE)
BUSINESS CONSULTANTS

Foundation/constrained-choice Core/constrained-choice core Elective

foundation subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of Commerce (Management) 23

MASTER OF COMMERCE “One of my goals is to become

a corporate sustainability
(MANAGEMENT) consultant, helping companies
to transition to a low carbon
economy state. I plan to return
to university to complete my
PhD, and ultimately would love
to end up working in political
advising or for a multinational
organisation such as the UN or
the World Bank.”
The Master of Commerce Who is it for? The Master of Commerce
(Management) provides advanced level
If you have a business/commerce Research Report allows you
studies in management. The program
offers broader, more comprehensive background and a passion for solving to explore a topic of interest
training in a specialised field and the academic and theoretical problems, in-depth and start developing
or are interested in progressing
opportunity to gain research experience
into the PhD program, this degree
expertise in your chosen field.
through a research project.
will offer you the advanced training
You can explore: you need.
»» social entrepreneurship
»» HR consulting
Find out more
»» management strategy
mbs.unimelb.edu.au/mcm

Master of Commerce (Management)

program structure – research pathway*
Career outcomes
Graduates of this program are
Sample 150-point study plan: employed in roles such as:

Organisation
Foundations in Foundations in Advanced
Research
Sem 1 Qualitative Quantitative Management
Decisions and
Year 1 Methods Methods
Design
core option 1 Within 1 year of graduating:
Consultant, Capgemini, Australia
(Research
Pathway)
Advanced
Advanced
Sem 2 Management Elective Elective
Methods subject
core option 2
Within 1 years of graduating:
Business Analyst, A.T. Kearney, Australia

Year 2 Sem 1 Elective Elective Research Report Research Report

BACHELOR OF COMMERCE,
Within 2 years of graduating: Su-Kim Macdonald AUSTRALIA
THE UNIVERSITY OF MELBOURNE
Consultant, Ernst & Young, Australia
NB: This is a sample program plan and is indicative only.

*To be eligible to apply for entry into the PhD program, students must complete the research report or
equivalent: if you have previously completed a research project/component that accounts for at least 25% of
Within 4 years of graduating:
Management Consulting Analyst, MELBOURNE BUSINESS SCHOOL MASTER OF 2017 ERNST & YOUNG GRADUATE
the Honours component of a 4-year degree or equivalent, you will be exempt from undertaking MGMT90133
Research Report. Accenture, Australia STUDENT ASSOCIATION PRESIDENT COMMERCE PROGRAM, CLIMATE CHANGE
FOR SEMESTER 1, 2016 (MANAGEMENT) AND SUSTAINABILITY

Foundation/constrained-choice Core/constrained-choice core Elective

foundation subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of International Business 25

MASTER OF “The most enjoyable aspects

of the Master of International
INTERNATIONAL BUSINESS Business for me are that
it is highly practical and that
‘international’ business is really
represented in the large number
of students from different
cultures – after completing the
degree I know I’ll have lots of
friends all around the world!”
The Master of International Business Dual-Degree option Masters of International
helps you develop wide-ranging skills
Exclusive to the Master of Business students are able
that will enhance your effectiveness
as a manager working in international International Business is the to choose electives from
business. opportunity to earn a dual degree the University’s Master
with one of our partner institutions:
The program provides a solid of International Relations
grounding in: »» The MSc Marketing Management program as well as other
– Università Bocconi (Bocconi
»» management and strategic thinking
business and economics
University), Milan, Italy
»» international and global market
disciplines at MBS.
»» The MSc Global Supply Chain
operations Management – HEC Montréal,
»» policies governing the world trade Montréal, Canada
and investment system, with an Dual degrees offer high-achieving
emphasises on the Asia-Pacific region Master of International Business Find out more
students the opportunity to fast-track
Who is it for? mbs.unimelb.edu.au/mib
your career by:
An ideal program if you are interested »» Earning two Masters degrees
in establishing a management career
»» Signalling to prospective employers
and want to develop an awareness of
your commitment to a career in
the policies governing the world trade
international business
and investment system.

Master of International Business program structure

Career outcomes
Sample 200-point study plan:
Graduates of this program are
employed in roles such as:
Business
Foundation Foundation Management
Sem 1 Analysis and
option 1 option 2 Competencies
Decision Making
Year 1
Within 1 year of graduating:
Cross Cultural Cooperation International Global
Sem 2 Management and Conflict in Human Corporate
Strategy & Innovation Lead,
and Teamwork World Trade Resources Governance EDP Group, Brazil

Issues in International
Sem 1 Managing the Marketing
Strategic
Elective Within 2 years of graduating:
Management Senior Analyst (Cooperation), Ministry
Multinational Management
of Foreign Affairs, Regional Integration
Year 2
and International Trade, Mauritius
Global Asian Business
Sem 2 Corporate and Elective Elective
Strategy Management
Within 4 years of graduating: MASTER OF
BACHELOR OF ARTS,
Senior Audit Associate at Deloitte, Adrian Yeung AUSTRALIA
THE UNIVERSITY
INTERNATIONAL
NB: This is a sample program plan and is indicative only. Macau BUSINESS
OF MELBOURNE

Foundation/constrained-choice Core/constrained-choice core Elective

foundation subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of Management 27

MASTER OF “Throughout the program, it

MANAGEMENT
The Master of Management provides Who is it for?
foundational business training, as well
This program is suitable if you
as specialist training in organisational
management, covering a broad hold an undergraduate degree in an
spectrum including: area outside of business/commerce
and have aspirations to assume a
»» managing innovation and change managerial position in a particular
field of expertise. Or if you are a
»» motivating and leading people
business/commerce graduate who
»» strategies for national and wishes to add a specialisation in
global markets management to your portfolio,
the program is also ideal.
»» developing customer-oriented
organisations
has been amazing working with
so many people from different
backgrounds, experience and
ways of viewing the world.
Being around these people
enables interdisciplinary
thinking and promotes you
to question your assumptions
in a positive environment.”
Choose from over 85
electives to tailor your
graduate program towards
your career goals.
Find out more
mbs.unimelb.edu.au/mm

Master of Management program structure

Career outcomes
Sample 200-point study plan:
Graduates of this program are
employed in roles such as:
Business
Managing for Foundation Foundation
Sem 1 Analysis and
Value Creation option 1 option 2
Decision Making
Year 1
Within 1 year of graduating:
Sem 2
People and Marketing Project Management Management Consulting Analyst,
Change Management Management Competencies Accenture, Australia

Management Management Within 2 years of graduating:

Sem 1 Elective Elective
elective elective
Assistant Brand Manager, Mondelez
Year 2 International, Australia

Management Management Strategic

Sem 2 Elective
elective elective Management
Within 5 years of graduating: BACHELOR OF ENVIRONMENTS
Manager - Business Systems, Sapura MASTER OF
Alice Hogan AUSTRALIA (SPATIAL SYSTEMS), THE
Kencana Petroleum Berhad, Malaysia MANAGEMENT
NB: This is a sample program plan and is indicative only. UNIVERSITY OF MELBOURNE

Foundation/constrained-choice Core/constrained-choice core Elective

foundation subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of Commerce (Marketing) 29

MASTER OF MANAGEMENT MASTER OF COMMERCE

(HUMAN RESOURCES) (MARKETING)

This program specialises in Who is it for?
management activities within
If you hold an undergraduate degree
the Human Resources industry.
You will participate in in-depth outside of business/commerce this
learning in areas such as: program offers an academic base to
move toward a managerial position
»» labour relations in human resources. The program
is also suitable if you are a business/
»» managing people
commerce student who wishes to
»» strategic approaches in human add human resource management
resources management to your portfolio.
»» motivating and rewarding
employees Professional accreditation
»» dealing with stakeholders The program is currently an
Australian Human Resource Institute
»» data analysis (AHRI) Accredited Program. You
»» developing HR policies will be eligible for AHRI Member
and practices status upon successful completion
of the full program and the five
compulsory subjects listed below
(see sample study plan).
Gain experience consulting
for a large organisation in
Melbourne or overseas with
our Practicum subjects.
Find out more
mbs.unimelb.edu.au/mmhr
The Master of Commerce (Marketing) Who is it for? The Master of Commerce
provides advanced-level studies
If you have a business/commerce Research Report allows you
in marketing. The program offers
broader, more comprehensive background and a passion for solving to explore a topic of interest
training in a specialised field and academic and theoretical problems, or in-depth and start developing
are interested in progressing into the
the opportunity to gain research
PhD program, this degree will offer
expertise in your chosen field.
experience through a research project.
you the advanced training you need.
You can explore:
»» marketing metrics
»» marketing management
Find out more
»» strategic management
mbs.unimelb.edu.au/mcmg

Master of Management (Human Resources) program structure Master of Commerce (Marketing) program
structure – research pathway*
Career outcomes Career outcomes
Sample 200-point study plan:
Graduates of this program are Sample 150-point study plan Graduates of this program are
employed in roles such as: employed in roles such as:
Business
Managing for Foundation Management
Sem 1 Analysis and Organisation
Value Creation* option 1 Competencies* Foundations Foundations Advanced
Decision Making* Research
Sem 1 in Qualitative in Qualitative Marketing
Decisions
Year 1 Year 1 Methods Methods Management
and Design
Within 1 year of graduating:
Within 1 year of graduating:
Managing (Research Junior Research Analyst at McKinsey
Sem 2
People*
HR elective HR elective Elective Human Resources, Shell, Australia Pathway)
Advanced & Company, Indonesia
Advanced
Sem 2 Consumer Elective Elective
Methods subject
Behaviour

Sem 1 HR elective HR elective Elective Elective Within 2 years of graduating: Within 2 years of graduating:
Learning and Development Senior Executive Advisor – Finance &
Year 2 Sem 1 Elective Elective Research Report Research Report
Year 2
Consultant, KPMG, Australia Strategy Practice, CEB, Australia

Strategic Human
Sem 2 HR elective Elective Elective
Resources* NB: This is a sample program plan and is indicative only.
Within 7 years of graduating: Within 3 years of graduating:
Director, Careers Consulting, Digital Marketing Manager,
*To be eligible to apply for entry into the PhD program, students must complete the research report or
Be Smart Consulting, Australia equivalent: if you have previously completed a research project/component that accounts for at least 25% of John Wiley and Sons, Australia
NB: This is a sample program plan and is indicative only.
the Honours component of a 4-year degree or equivalent, you will be exempt from undertaking MGMT90133
* subjects which must be taken to meet AHRI accreditation requirements. Research Report.

Foundation/constrained-choice Core/constrained-choice core Elective Foundation/constrained-choice Core/constrained-choice core Elective

foundation subject subject or capstone subject subject foundation subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of Management (Marketing) 31

MASTER OF MANAGEMENT “I have partaken in a number of

enrichment and extra-curricular
(MARKETING) programs that have developed
my leadership skills remarkably,
and the coursework has
developed my interpersonal,
presentation and communication
skills profoundly. Studying at
Melbourne Business School is
something I would recommend
to any student hoping to better
This program provides foundational Who is it for? Choose from over 85
business training and specialist prepare themselves for the
This program is ideal if you hold electives to tailor your
training in marketing. It will enable business world.”
you to develop, implement and an undergraduate degree in areas graduate program towards
control integrated marketing outside of business/commerce and your career goals.
strategies. The program focuses have a goal to assume a managerial
on the means by which organisations position in the marketing and
attract and retain customers, and communications field. It is also
covers many aspects of marketing, suitable if you’re a business/
including: commerce student who wishes
to add marketing to your portfolio. Find out more
»»marketing strategy
mbs.unimelb.edu.au/mmm
»»customer behaviour Professional accreditation
»»branding This program is currently a Australian
Marketing Institute (AMI) accredited
»»online marketing
degree. You will be eligible for AMI
Graduate Membership upon
completion of the Masters.

Master of Management (Marketing) program structure

Career outcomes
Sample 200-point study plan:
Graduates of this program are
employed in roles such as:
Business
Managing for Foundation Foundation
Sem 1 Analysis and
Value Creation option 1 option 2
Decision Making
Year 1
Within 1 year of graduating:
Management Marketing Consumer Marketing Digital User Experience (UX)
Sem 2
Competencies Management Behaviour Research and Customer Experience (CX)
Manager, GE Capital, Australia

Marketing Marketing
Sem 1 Elective Elective
elective elective Within 2 years of graduating:
National Account Executive,
Year 2
Mondelez International, Australia
Marketing Marketing Marketing
Sem 2 Elective
Strategy elective elective

Within 3 years of graduating: BACHELOR OF ARTS, MASTER OF MANAGEMENT

Digital Manager, Initiative, Australia Harrison Watt AUSTRALIA
MONASH UNIVERSITY (MARKETING)
NB: This is a sample program plan and is indicative only.

Foundation/constrained-choice Core/constrained-choice core Elective

foundation subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of Actuarial Science 33

MASTER OF MARKETING MASTER OF

COMMUNICATIONS ACTUARIAL SCIENCE

Co-taught with the University’s
Graduate School of Humanities
and Social Sciences, the Master of
Marketing Communications is a new
program designed to cultivate future
executives and professionals who
will work within the merging sectors
of marketing and communication.
You will develop skills in areas
including:
»» quantitative and qualitative
data analysis
»» project management
and negotiation
»» interpretation and application of
data to inform and communicate
strategic marketing plans
»» practical experience gained
through internships and group
based learning
Who is it for?
This program is ideal if you hold
an undergraduate degree from
any background and wish to establish
and solidify your credentials in
an integrated marketing and
communications environment.
The project based Internship
allows you to apply your skills
in a vocational context, build
your professional networks
and gain deeper insights into
your chosen career path.
Find out more
mbs.unimelb.edu.au/mmc
Graduates of this degree will be critical
thinkers in relation to actuarial studies
and related disciplines. You will gain
expertise in:
»» fundamental theories of actuarial
science as they apply in life
insurance, general insurance
and superannuation
»» assessing the suitability of actuarial,
financial and economic models
in solving actuarial problems
As a graduate of the degree you will
be well-placed to enter the actuarial
profession.
Who is it for?
If you are a non-actuarial graduate
with mathematical or statistical
specialisations (e.g. mathematics,
physics or engineering), the Master
of Actuarial Science provides you
with the skills required for immediate
transition into the workplace as
a trainee actuary.
Professional accreditation
Graduates of the Master of Actuarial
Science who have performed at a
sufficiently high level will be eligible
for exemption from all subjects
comprising Part I of the professional
requirements of the Actuaries Institute.
The Faculty of Business and
Economics has also been designated
a Centre of Actuarial Excellence
by the US Society of Actuaries.
It is possible to gain waivers from
some of their exams by first gaining
Part I qualifications via the Master
of Actuarial Science.
Find out more
mbs.unimelb.edu.au/mas
Graduate Diploma
in Actuarial Science
The Graduate Diploma in Actuarial
Science provides graduates who
have a bachelor’s degree, including
a strong mathematical component,
with a one-year diploma that provides
a pathway to a professional actuarial
career.
The entry requirements and application
details for the Graduate Diploma in
Actuarial Science are the same as those
for the Master of Actuarial Science.

Master of Marketing Communications program structure Master of Actuarial Science program structure

Career outcomes Career outcomes

Sample 200-point study plan: Sample 200-point study plan:
You can expect to work Graduates of this program are
in positions such as: employed in roles such as:
Public
Foundations of Marketing Marketing Mathematics Life Insurance
Sem 1 Relations & Sem 1 Elective Elective
& Communication Management of Finance 1 Models 1
Communications
Year 1 Year 1
Within 1 year of graduating:
Integrated Writing for Within 1 year of graduating:
Marketing Mathematics Life Insurance Statistical Programmer,
Sem 2 Marketing Marketing
Metrics
Elective Content Marketing Co-ordinator Sem 2
of Finance 2 Models 2
Elective Elective
Communications Communication Cobern, Australia

Marketing Leading for

Managing for Mathematics Insurance Risk
Sem 1 & Media in a Strategic Elective Within 5 years of graduating: Sem 1 Elective Elective Within 2 years of graduating:
Value Creation of Finance 3 Models
Global Context Advantage
Media Relations Advisor Actuarial Analyst, Mercer, Australia
Year 2 Year 2
Statistical
Life
Sem 2 Elective Elective Internship Placement Sem 2 Techniques Elective Elective
Contingencies
in Insurance
Within 10 years of graduating: Within 3 years of graduating:
Campaign Strategy Director Analyst, Taylor Fry, Australia
NB: This is a sample program plan and is indicative only. NB: This is a sample program plan and is indicative only.

Foundation/constrained-choice Core/constrained-choice core Elective Core/constrained-choice core Elective

foundation subject subject or capstone subject subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL Master of Economics 35

MASTER OF COMMERCE MASTER OF

(ACTUARIAL SCIENCE) ECONOMICS

The Master of Commerce (Actuarial
Science) provides advanced training
in actuarial theory and practice.
It provides students with a broad
grounding in quantitative techniques in
insurance and financial risk modelling.
Graduates will be able to describe,
evaluate and utilize the fundamental
theories underlying actuarial practice
across the main areas of insurance
and financial mathematics including:
»» superannuation
»» general insurance
»» valuation of embedded
derivatives contracts
Who is it for?
The Master of Commerce (Actuarial
Science) is suited to you if you hold
a degree in actuarial science and
want to complete advanced studies in
the field. The program has a Practice
Pathway, which focuses on advanced
professional training, and a Research
Pathway, which prepares you for the
PhD in Actuarial Studies.
Professional accreditation
Graduates of the degree who
have performed at a sufficiently
high level will have gained the
knowledge required to complete
the associateship of the Actuaries
Institute and may gain exemptions
from almost all of its requirements.
The Faculty of Business and
Economics has also been designated
a Centre of Actuarial Excellence
by the US Society of Actuaries. It is
possible to gain waivers from some
of their exams by first gaining
Part I qualifications via the Master
of Commerce (Actuarial Science).
Find out more
mbs.unimelb.edu.au/mcas
The Master of Economics is a two-year
program in advanced studies in
economics and econometrics. It is ideal
if you wish to acquire the skills needed
to practice as a professional economist
in the public or private sectors.
You will graduate as a critical thinker
in relation to microeconomics,
macroeconomics and econometrics
and will develop expertise in:
»» fundamental principles
influencing markets and
managing organisations
»» evaluating the impact of a variety
of cultural and environmental
factors on economic policy and
business decisions
»» interpreting and critically
evaluating articles in economics
research literature
Who is it for?
The Master of Economics is
ideal if you have prior training
in economics, or possess a strong
analytical/mathematical background,
and wish to acquire the advanced
skills needed to practice as a
professional economist in the public
or private sectors. The program is
also an appropriate foundation for
further PhD study.
Find out more
mbs.unimelb.edu.au/me
Graduate Diploma
in Economics
Offers flexibility if you are seeking
a shorter graduate qualification in
economics.
Graduates can acquire and be able
to apply the skills of a professional
Economist at an Honours level.
The Graduate Diploma is eight subjects
in duration, and will normally be
completed in one year full-time or two
years part-time. The entry requirements
for the Graduate Diploma are the same
as those for the Master of Economics.

Master of Commerce (Actuarial Science) program structure – Master of Economics program structure
practice pathway
Career outcomes Career outcomes
Sample 200-point study plan:
Sample 150-point study plan: Students from the first graduate cohort Graduates of this program are
have been employed in roles such as: employed in roles such as:
Advanced Advanced Econometrics Economics
Sem 1
Actuarial Microeconomics Macroeconomics subject elective
Insurance Risk Mathematics
Sem 1 Practice and Elective 1
Models of Finance 3
Control 1 Year 1
Within 1 year of graduating:
Year 1 PhD Candidate, Cass Business
Economics Economics Economics Economics Economist, Environment Protection
School, United Kingdom Sem 2
elective elective elective elective
Actuarial Authority Victoria, Australia
Constrained Constrained
Sem 2 Practice and Elective 2
core 1 core 2
Control 2

Econometrics Economics Within 3 years of graduating:

Research Assistant, Melbourne Sem 1 Microeconomics Macroeconomics
Actuarial subject Research Report
Senior Impact Analyst, Monitor,
Year 2 Sem 1 Practice and Elective 3 Elective 4 Elective 5 Business School, Australia
Control 3 Year 2
United Kingdom

Economics Economics Economics Economics

Sem 2
NB: This is a sample program plan and is indicative only. elective elective elective Research Report
Within 7 years of graduating:
Note: Students interested in progressing to the PhD program will need to complete an Actuarial Science Actuarial Analyst, China Continent
Senior Lecturer, City University
Research Report over two consecutive semesters. Property & Casualty Insurance, China
of Macau, Macau
NB: This is a sample program plan and is indicative only.

Foundation/constrained-choice Core/constrained-choice core Elective Core/constrained-choice core Elective

foundation subject subject or capstone subject subject subject or capstone subject subject
 MELBOURNE BUSINESS SCHOOL Master of Business Analytics 37

MASTER OF APPLIED MASTER OF

ECONOMETRICS BUSINESS ANALYTICS

Associate Professor Christopher Skeels

Director, Econometrics Research Unit

The Master of Applied Econometrics »» explaining, applying and critically Gain the skills and knowledge »» Learn to use SAS, R, Python, »» Actuarial Science
is a new two-year degree that evaluating the use of econometric to become a stand-out analytics Tableau and other tools »» Physics
focuses on the practical application models for forecasting, assessing professional — an expert in not just
Find out more »» Receive a Certificate in Business »» Finance or Economics
of econometric modelling techniques. different economic policy and maths and technology, but the ability
Analytics from SAS upon »» Science
It combines coursework and research decision making options mbs.unimelb.edu.au/mae to approach analytics with the strategic
completion of the program
components to equip you with the perspective of the business mind.
»» applying methods learned to Ideally, you would have completed
skillset required to guide and inform a sequence of two or three
address policy and business As a student in this degree you will: Who is it for?
economic decision-making in a undergraduate or graduate statistics
decision questions
data-driven manner. »» Learn how data can drive decision- This program is ideal if you have a courses that include probability
making through statistical and natural talent and passion for working theory and regression analysis.
Graduates of this degree will Who is it for? quantitative analysis, explanatory with data, and hold an undergraduate
be critical thinkers in relation to
The Master of Applied Econometrics and predictive modelling and degree that demonstrates third-year
microeconomics, macroeconomics
is suitable if you have a strong fact-based management university level study in quantitative
and econometrics and will develop
expertise in: analytical/ mathematical background, »» Be taught by experts from computer subjects such as:
with a major in social science, science, statistics, mathematics and
»» practical application of econometric »» Mathematics or Statistics Find out more
commerce or STEM and wish to business management to provide
modelling techniques acquire the advanced skills needed »» Computer Science
an integrated learning experience mbs.edu/mbusa
»» analytical skills in the application to practice as a data analyst. »» Information Systems
of econometric theory, knowledge, »» Engineering
principles, techniques and data

Master of Applied Econometrics program structure Master of Business Analytics program structure

Career outcomes Career outcomes

Sample 200-point study plan: Sample study plan:
Graduates of this program are likely Students from the first graduate cohort
to be employed in organisations like Module 1 Introduction to Business Problems of the Master of Business Analytics
Forecasting in
Basic Mathematical Microeconomics banks, government, consulting firms have been employed in roles such as:
Sem 1 Economics and
Econometrics Economics subject Business Analytics Foundations
Business and think tanks in roles such as:
Year 1 Computing
Module 2 and Decision Personal
Time Series Applied Programming
Data Statistical
Making and Effectiveness Analytics Analyst, A.T. Kearney,
Macroeconomics Warehousing Learning
Sem 2 Econometrics Analysis and Microeconometric for Business Optimisation Program Australia
subject
Forecasting Modelling Within 1 year of graduating: Problems
Analyst
Advanced Business Analytics
Econometric Research
Sem 1 Elective 1 Elective 2 Business Analytics Consultant,
Techniques Methods Module 3 Personal
Machine Data Predictive Text and Web SAS, Australia
Within 4 years of graduating: Effectiveness
Learning Visualisation Analytics Analysis
Year 2 Data Scientist Program

Research
Sem 2 Elective 3 Elective 4 Elective 5 Module 4 Industry Practicum
Project
Business Analytics Applications Senior Analyst - Campaign Analytics,
Within 6 years of graduating:
National Australia Bank, Australia
Modelling and Insights Leader Module 5 Business Case Personal
NB: This is a sample program plan and is indicative only. Finance Marketing Supply Chain
Study and Effectiveness
Analytics Analytics Analytics
Applications Program

Foundation/constrained-choice Core/constrained-choice core Elective Please note all subjects are core.
foundation subject subject or capstone subject subject
MELBOURNE BUSINESS SCHOOL
FEES
Fees are subject to an annual increase
and those quoted are indicative only.
2017 Fees*:
International $40,416 per year
Domestic Fee Place $31,936 per year
Domestic CSP $10,440 per year
Program fees are determined by the number
of subjects you must complete and whether
you are a local or international student. All
fees quoted are in Australian dollars ($AUD)
and unless otherwise indicated, are for full-time
study. Typically, full-time students complete
four subjects per semester and part-time
students complete an average of two subjects
per semester.
*Note: The Master of Business Analytics and Master of
Marketing Communications operate on a different fee
scale. Check the program website for more information.
Scholarships
MBS has a generous number of
domestic and international student
scholarships. See page 12.
Commonwealth Supported
Places (CSP)
A CSP is a higher education place
for which the Australian Government
provides funding towards the cost
of your education. If you are eligible
for a CSP you may be able to
use HECS-HELP to help pay your
remaining student contribution.
CSPs are available to Australian and
New Zealand citizens and holders of
Australian permanent residency visas.
For a student entitled to a CSP in
2016, the full-time student yearly
contribution is up to $10,440 per
standard year.
Programs with CSPs
The following programs have CSPs:
»» Master of Actuarial Science
»» Master of Applied Econometrics
»» Master of Commerce
(Actuarial Science)
»» Master of Commerce (Management)
»» Master of Commerce (Marketing)
»» Master of Economics
»» Master of Management
»» Master of Management
(Accounting and Finance)
»» Master of Management
(Accounting)
»» Master of Management (Finance)
»» Master of Management
(Human Resources)
»» Master of Management (Marketing)
»» Master of Marketing Communications
Application deadlines for CSP
To be considered for a CSP, you
must submit your application by 30
November for Semester One entry,
or 31 May for Semester Two entry.
The number of CSPs is limited and
selection is based on academic merit.
Applicants who are not successful
in being awarded a CSP, but are
accepted into the program will
receive an Australian Fee place and
may access FEE-HELP to assist in
paying fees. Applicants who are not
successful in receiving a CSP will
still be considered for a Graduate
Merit Scholarship (see page 12).
HECS-HELP
HECS-HELP is an Australian
government loan program to help
eligible students on a Commonwealth
Supported Place pay their student
contributions. No upfront tuition fees
are required for students accessing
HECS-HELP.
FEE-HELP
FEE-HELP is a loan program that
helps eligible fee paying students
(both full and part-time) pay their
tuition fees. It is available to Australian
citizens and holders of a permanent
humanitarian visa. FEE-HELP is similar
to HECS-HELP, in that you can defer
your tuition fees and repay these
later through the taxation system,
once your income reaches a specific
threshold. You apply for FEE-HELP
through a form made available during
the online enrolment process.
Students may not exceed the FEE-
HELP limit ($96,000 lifetime, indexed).
For more information please visit:
studyassist.gov.au
Youth Allowance
Students undertaking a Masters by
coursework at a higher education
institution who meet all other
eligibility requirements will be eligible
for student income support (i.e.
Youth Allowance). Eligible coursework
programs at MBS are the Master of
Management (Accounting), Master
of Management (Marketing) and
the Master of Management (Human
Resources).
More information is available at:
studyassist.gov.au/sites/StudyAssist/
StudentIncomeSupport
Graduate Access Melbourne
Graduate Access aims to provide
entry to graduate study to applicants
whose personal circumstances have
had a sustained adverse effect on
their academic achievement at the
undergraduate level, or who are
members of a specified group known
to be underrepresented in higher
Fees 39
education. Graduate Access ensures
that more students continue to gain
admission to graduate programs,
regardless of their cultural or
socio-economic backgrounds.
Students who are successful in
their Graduate Access application
may receive a CSP and may also
be considered for a Graduate
Access Melbourne Bursary. This is
a one-off grant of $5,000 designed
to support students in meeting the
costs associated with graduate study.
All applicants eligible for Graduate
Access Melbourne will be considered
for a Graduate Access Melbourne
Bursary.
You can apply for Graduate Access
Melbourne when you complete
your online application.
Further information, including
the graduate programs under
this scheme, is available at:
futurestudents.unimelb.edu.au/
grad/gradaccess
MELBOURNE BUSINESS SCHOOL
THE
APPLICATION
PROCESS
GMAT and GRE
The GMAT and GRE are standardised
tests that are used by leading
business schools around the world to
assess the qualifications of applicants
for advanced study in business and
management. Each test contains
three sections: Quantitative, Verbal
and Analytical Writing.
The GMAT and GRE help us to make
an assessment of your academic
potential specific to our programs.
They also highlight areas where you
may need to strengthen your skills
and show us where we can provide
you with assistance.
Programs Requiring
the GMAT or GRE
For our Recent Graduate and Early
Career programs the GMAT or GRE
is not always required. Please check
our program entry requirements on
pp. 4-5.
Do I qualify for a GMAT/GRE
exemption?
Exemptions from the GMAT/GRE are
applicable to applicants who fit into
the ‘humanitarian aid case’ category
– i.e. applicants who:
»» are in receipt of a sponsored
scholarship from a government
or humanitarian aid organisation
(e.g. Australia Awards)
»» hold a permanent Humanitarian
Visa for Australia
»» can demonstrate that humanitarian
crisis impacts on their ability to sit
the GMAT/GRE (e.g., residence in
country where there has been a
recent critical threat to their health,
safety, security or well-being
through armed conflict, epidemic,
famine, or natural disaster).
*Please note: If you are applying for
a graduate research degree, GMAT
or GRE results are mandatory.
Find out more at:
mbs.unimelb.edu.au/faqs
English language requirements
The University of Melbourne has a
set of English language requirements
which all applicants must meet. If you
have completed a previous degree
which was taught and assessed
entirely in English you may not have
to undertake a test. Please refer
to English language requirements
for graduate applicants.
For further details please refer to:
futurestudents.unimelb.edu.au/
admissions/entry-requirements/
language-requirements
Minimum scores and tests accepted:
For English language tests, we require
documentary evidence of having
obtained the minimum scores within
the previous 24 months. The following
scores meet the requirements for
Band 6.5
IELTS 6.5 (with no band less than 6.0)
TOEFL (Paper Test) 577 with TWE 4.5
TOEFL (Internet) 79 with Writing 21,
Speaking 18, Reading 13, Listening 13
Pearson Test of English (Academic)
58-64 inclusive and no communicative
skill below 50
For further details please refer to
futurestudents.unimelb.edu.au/
admissions/entry-requirements/
language-requirements
Note: The Master of Business Analytics has different
English language requirements please see page 5 for
more information.
Documentation
Scanned and certified copies
of original documents of all
qualifications must:
»» include academic transcripts
showing all subjects attempted and
proof of completion of the degree
»» be a certified translation, if not
in English
»» be attached to the online application
You may be required to present
original documents to the University
at any time during the application
process or while you are enrolled
at the University.
If the documents on which an
offer was based are found at any
time to be incomplete or fraudulent,
you will face serious penalties,
including your enrolment in the
course being withdrawn.
If you are an international student
applying through one of our
authorised university representatives,
scanned or faxed copies of certified
results will meet our verification
requirements.
If you are applying for a program
requiring work experience, you should
include a letter from your employer
outlining:
»» nature of duties
»» employment start and end dates
»» whether full or part-time
Letters must be written on company
letterhead, and should be dated and
signed by a superior in the company.
How to apply
For information about the
application process for the
Master of Business Analytics
(page 37) and Master of Marketing
and Communications (page 32)
please refer to the relevant program
website listing.
The application process 41
Local applicants International applicants
Local applicants are Australian International applicants are citizens
citizens and permanent residents, of all other countries. International
New Zealand citizens, and holders of applications must be submitted by:
a permanent humanitarian visa and
»» 31 October for Semester One
can apply online. Local applications
(February) entry
must be submitted by:
»» 30 April for Semester Two
»» 30 November for Semester One
(July) entry
(February) entry
Step 01 Entry requirements
»» 31 May for Semester Two (July) entry
Check the minimum entry
While late applications may be requirements for the program
accepted, students are advised
you wish to apply for.
to apply as early as possible.
Step 02 Apply online
Step 01 Entry requirements
International applicants may
Check the minimum entry apply in one of two ways:
requirements for the program
1. T
 hrough one of our
you wish to apply for.
overseas representatives
Step 02 Apply online
2. Apply online
To apply online you will need to:
You will need:
»» complete the online application form
»» a record of your undergraduate
»» provide a record of your
grades and grades for any further
undergraduate grades and grades
study (you may apply even if
for any further study (you may
you are awaiting final results as
apply if you are awaiting final results
conditional offers can be given)
as conditional offers can be given)
»» a statement of intent
»» a statement of intent
»» your GMAT/GRE score (if required)
»» your GMAT/GRE score –
– unless you qualify for an exemption
if required or unless you
qualify for an exemption »» TOEFL or IELTS score if you are
applying from a country where
Apply online at:
English is not the official language
mbs.unimelb.edu.au/apply
or the language of instruction
You will be notified of the outcome and assessment
10 business days after receipt of
Apply online at:
your application.
mbs.unimelb.edu.au/apply
MELBOURNE BUSINESS Melbourne Business School administered degrees 43

MELBOURNE BUSINESS “Pursuing a Master of Finance

at Melbourne Business School
SCHOOL ADMINISTERED has helped immensely with
DEGREES my career development.
I was selected to participate
in the GBP (Global Business
Practicum, consulting subject)
at Rio Tinto Shanghai and
I participated in the Career
Mentoring Program. These
academic enrichment activities
Programs Duration / Format Recent Graduate Early Career Mid-Career Senior Manager have been extremely useful in
developing the soft skills that
MBA Suite of Programs
employers are looking for.”
Full-time MBA 1 year full-time

Part-time MBA 2 years part-time

18 weekend
residential modules
Executive MBA over 18 months /
1 week-long
overseas module

10 x 9 day
residential modules
Senior Executive MBA over 18 months /
7 domestic modules /
3 overseas modules

Master of Management Suite of Programs

Master of Management

Master of Management (Accounting)

Master of Management (Accounting and Finance) 2 years full-time

4 years part-time
Master of Management (Finance)

Master of Management (HR)

Master of Management (Marketing)

Specialist Masters

Master of Actuarial Science

2 years full-time
Master of Applied Econometrics
4 years part-time
Master of Commerce (Actuarial Science)

Master of International Business

Master of Economics

Master of Finance

Master of Business Analytics 1 year full-time

Master of Commerce (Management)

1.5 years full-time
3 years part-time
Master of Commerce (Marketing)

Master of Marketing 1.5 – 2 years part-time

9 x 1-week intensive
Master of Supply Chain Management modules + 3 electives
over 1.5 years full-time

11 x 1-week intensive
Master of Enterprise modules + 1 elective
over 1.5 years full-time BACHELOR OF COMMERCE, 2017 PWC
MASTER OF
Graduate Research Degrees
Lok Yi Sin AUSTRALIA THE UNIVERSITY
FINANCE
GRADUATE
OF MELBOURNE PROGRAM
4 – 5 years full-time
PhD and Doctoral Programs
8 – 10 years part-time

1 year full-time
Master of Commerce (by research)
2 years part-time
Recent Graduate and Early Copyright: The University of Melbourne 2016. Copyright in this publication
is owned by the University and no part of it may be reproduced without the
Career Program Guide
permission of the University.
Authorised by: Deputy Dean, Disclaimer: The information in this publication was correct at the time of printing.
Melbourne Business School The University of Melbourne reserves the right to make changes as appropriate.
Published by: Faculty of Business and Economics As details may change, you are encouraged to visit the University’s website or
contact the University of Melbourne Information Centre to obtain the latest
Copyright: The University of Melbourne July 2016 information. Statement on Privacy Policy: when dealing with personal or health
CRICOS Provider code: 00116K information about individuals, the University of Melbourne is obliged to comply
with the Information Privacy Act 2000 and the Health Records Act 2001. For
Intellectual Property: For further information further information refer to the privacy policy.
refer to Statutes and Regulations.
Photography: Chris Hopkins
Cover: Ailie Miller, Master of Management (Marketing)

Melbourne Business School

Non-Teaching Week O: Orientation for all
Level 4, 198 Berkeley Street, period new Semester 2 students
The University of Melbourne
Victoria 3010, Australia
E: mbs-enquiries@unimelb.edu.au
14 TO 23 19 TO 21
APR APR JUL JUL

2017 KEY DATES

Summer Term Examinations Semester 2

3 TO 26 6 TO 23 24 TO 22
JAN FEB JUN JUN JUL OCT

Week O: Orientation for all Non-teaching Non-Teaching

new Semester 1 students period period

21 TO 24 3 TO 9 25 TO 1
FEB FEB JUL JUL SEP OCT

Semester 1 Winter Term Examinations

27 TO 28 10 TO 21 30 TO 17
FEB MAY JUL JUL OCT NOV

*Summer and Winter Term subjects are optional for most students
*The Master of Business Analytics operates on a different academic calendar

MBS.UNIMELB.EDU.AU