Whether you’re looking to lead a multinational corporation, launch your own startup or make a lasting impact in your industry, an MBA will help you develop what it takes to thrive in dynamic business landscapes.
That’s why at MBA Discovery, we understand the importance of finding you the right MBA program that aligns with your goals and aspirations, offering a directory of online programs from esteemed universities.
Ready to unlock a world of possibilities? Our expert guide will help. With our personalised approach, we’ll explore potential study options, navigate the diverse range of MBA degrees available and find the online MBA in Australia for you.
An MBA program is a way to amplify your skills and interests. It allows you to enhance your understanding of various business disciplines, such as strategic management, finance, marketing and entrepreneurship. The knowledge gained will equip you to make informed decisions, solve complex problems and lead with confidence in today’s competitive business landscape.
Not only does an MBA strengthen your skill set, but it also significantly increases your market value. In Australia, the job market highly values professionals with advanced business qualifications. According to PayScale, the median salary for an MBA degree holder is $103,000 as of March 2024.
For those looking to study an MBA online, the flexibility is unparalleled. Unlike MBAs conducted within physical classrooms, online programs eliminate all expenses related to commuting and campus accommodation, allowing you to study with peace of mind from the comfort of your own environment.
One of Australia’s top value MBAs
In the top two per cent of universities worldwide
Times Higher Education’s top 30 in Australia
RMIT Online’s MBA is the new MBA for the future
An MBA program includes foundational topics to provide you with a comprehensive understanding of a wide range of business principles. Through coursework and interactive learning experiences, you will develop an essential skill and knowledge base to apply in real-life business settings.
Some common foundational topics include:
If you’re looking for an MBA that will give you specific professional skills to excel in your chosen field, MBA Discovery Student Enrolment Advisors can help you choose the course that’s right for you.
Not all MBAs are the same. Different universities offer different units. By choosing the right program for you, you can focus on a particular discipline that can help you land your dream job. Below are four areas of focus and the jobs open to MBA graduates.
Finance:
Leadership:
Marketing:
Strategy:
As a prospective MBA student, you may have many questions. Here are the answers to some of the most frequently asked questions our Student Enrolment Advisors at MBA Discovery come across every day. For more details, head to our blog, where you will find our latest articles, guides and career advice.
Determining the ‘best’ program will depend entirely on your aspirations. Some MBA programs might offer a particular focus on international business or contain materials suited to those working in senior management positions within corporate environments. At MBA Discovery, our featured online MBAs are all available online, providing a flexible study program that meets your needs.
MBA entry requirements vary across institutions. Generally, you need a bachelor’s degree, postgraduate certificate and/or relevant work experience. Some courses, such as James Cook University’s MBA, offer entry without a bachelor’s degree but be sure to check out the individual course pages for full details.
With an online MBA, you have the freedom and flexibility to accommodate the program according to your schedule. Typically, online MBA programs have a duration of two to three years when pursued on a part-time basis, but this can depend on the university’s specific requirements.
An MBA can increase your salary by 28%, according to a 2019 study by the Australian Financial Review. And according to a 2021 survey conducted by MBA News, most students considering an MBA (59%) expected a salary increase of 20% to 50% within five years of graduating. Discover more about how an MBA graduate salaries here.
The key difference between an MBA and other types of master’s degrees lies in who they cater to and at what stage of their careers the student is placed.
So, should you study an MBA or a different type of business-related master’s degree? The answer will depend on your goals.
If you’re aiming to bolster your leadership capabilities, deepen your understanding of business strategies and excel in senior-level positions while tackling complex organisational challenges, you may want to consider an MBA. It will allow you to refine your expertise and gain the necessary skills to significantly impact the business world.
An online MBA program is designed similarly to an on-campus MBA program. In today’s digital era, the majority of activities take place online. However, we understand some students still have concerns about studying through an online platform. It is crucial to recognise that the online program is developed by the university with the same standards, regulations and content as on-campus programs. This means that your degree holds the same worth and credibility in the eyes of potential employers.
The time commitment required for an online MBA program with an MBA Discovery university partner is approximately 15–25 hours per week. The online format follows an intensive model, with students focusing on one unit or subject at a time. This approach offers certain advantages as it allows students to concentrate their efforts on a single focus area. In contrast, an on-campus program often involves juggling multiple subjects simultaneously.
Online MBA students have various avenues to network and connect with their peers. While networking is not mandatory, it’s encouraged and can benefit personal and professional growth. Online learning platforms, discussion forums and collaborative online activities allow students to stay connected with each other and their tutors throughout the program.
Students from various backgrounds and with different experiences may choose to pursue an online MBA program. The appeal of an online MBA lies in its ability to cater to a diverse range of students, from younger students to those with more extensive experience.
Applying for an MBA can be exhilarating and nerve-racking. As you take the next step towards furthering your education and career, it’s essential to get your affairs in order and understand the key aspects of the enrolment process.
In this section, we will guide you through the important considerations, including course eligibility, credit for prior learning, fee breakdowns and the support available from MBA Discovery during this crucial phase.
While the exact criteria may vary between universities and programs, there are some common prerequisites to be eligible for an online MBA in Australia. Applicants typically need to have completed an Australian bachelor’s degree (or equivalent) in a similar discipline, with many institutions also preferring candidates to have had two to five years of work experience. Check out the individual course details for more information.
Recognition of prior learning (RPL) is a process that enables you to receive credit for previous studies you have completed. By demonstrating your existing knowledge and skills, you can potentially reduce the duration of your online MBA program. The amount of credit you receive will depend on your previous education level and relevant work experience. Check individual course details for more information.
MBA fees will vary between institutions and the total price of courses is based on the cost of each unit. Below is a breakdown of the 2023/24 fees from MBA Discovery’s university partners:
Whether you’re ready to enrol or still have questions, our team of Student Enrolment Advisors are here to help.
Whether you’re ready to enrol, or just have a quick question, simply fill out the enquiry form below to speak directly to the university’s enrolment team. They will be able to guide you through:
