Master of Business

Master of Business

CRICOS Code 106806C
National Course Id CRS1401072
Full Time 2 years
Part Time 4 years
Units 16
Core units 10
Elective units 6
Campus Level 16, 233 Castlereagh Street, Sydney NSW 2000
IELTS Academic 6.5 (no band less than 6.0) or equivalent
Delivery mode Blended
Outcome Master of Business

Course Description

The Master of Business is a generalist degree, opening job opportunities in a wide range of organisations (for-profit and not-for-profit), government and professional service firms globally.

Graduates with a Master of Business are ready for many different positions in business and the business professions. The degree gives you the business skills to engage with and influence clients and organisations.

Graduates will be prepared for success in contemporary organisations and prepared to take on industry and professional trends, responsibilities, needs and opportunities.

The course offers various specialisation streams such as:

  • Accounting Stream
  • Marketing Stream
  • International Business Stream
  • Cyber Security Management
  • Data analysis
  • General Stream – allows students to pick 6 units if their choice as long as the prerequisites for each unit are met.

Career Outcomes

  • Project/Operations Manager
  • General Manager
  • Chief Executive Officer
  • Management consulting
  • Entrepreneur
  • Accountant
  • Marketing specialists
  • International business advisors

 Accreditation

The Master of Business is accredited by the Tertiary Education Quality and Standards Agency.

Course Learning Outcomes

M1 Understand and navigate the increasingly complex legal, economic and global business environment and remain conversant with developments in these fields
M2 Demonstrate problem solving in real organisations including managing resources and recent developments in these fields”
M3 Plan and manage innovation and organisational change using cognitive, technical and creative skills
M4 Engage in professional development and experience in management of work and organisations demonstrating skills with creativity and initiative in challenging and new situations
M5 Make ethical, socially responsible, inclusivity, diversity and sustainable business decisions in a complex business environment demonstrating high level of personal autonomy and accountability
M6 Synthesise organisational and market research principles and methods. Prepare research reports and present to diverse audiences.
M7 Construct and communicate logical, relevant, and professional quantitative assessment of business information in an effective manner including the role of data analytics in guiding business decisions while maintaining ethical use and legal security of the data.

Graduate Attributes

GA1 Communicate effectively in a diverse range of professional or community context
GA 2 Complete work tasks and assignments independently or as an effective member of multidisciplinary teams
GA 3 Engage in and value life-long learning leading to the enhancement of professional knowledge and skills
GA 4 Are information and technology literate
GA 5 Respond appropriately to a changing workforces, cultures and values reflecting a global work environment
GA 6 Demonstrate critical thinking, problem solving and decision-making abilities essential to contributing soundly to the resolution of issues confronting organisations
GA 7 Facilitate intellectual curiosity
GA 8 Act in an ethical manner in all aspects of professional life.

Course Structure

 UNIT CODE UNIT NAME CORE / ELECTIVE PRE-REQUISITES
YEAR 1
ACC500 Business Decision Making Core NIL
BUS500 Business and Management in Context Core NIL
ECO500 Economics for Managers Core NIL
LAW500 Business Law Core NIL
BUS501 Entrepreneurship Core BUS500
FIN500 Financial Management Core ACC500
STT500 Statistics for Decision Making Core NIL
Year 2- Accounting Stream
ACC501 Accounting Systems and Decision Making Core ACC500
ACC600 Corporate Accounting Elective ACC501 and FIN500
ACC601 Management Accounting Elective ACC501, STT500 and FIN500
ACC602 Accounting Decision Systems Elective ACC501 and FIN500
ACC603 Auditing and Assurance Elective ACC600, STT500 and FIN500
BUS600 Research Methods Core ACC500 BUS500 ECO500 LAW500 and STT500
BUS610 Applied Business Project Core BUS600 plus all core units in relevant stream-Discipline Head approval required prior to enrolment
LAW600 Company and Business Association Law Elective ACC501, BUS500 and LAW500
TAX600 Taxation Elective LAW600, ACC600 and ACC602
Year 2- Marketing Stream
MKT500 Marketing for Managers Core NIL
BUS600 Research Methods Core ACC500 BUS500 ECO500 LAW500 and STT500
BUS610 Applied Business Project Core BUS600 plus all core units in relevant stream-Discipline Head approval required prior to enrolment
BUS605 Service Management Elective BUS500 and MKT500
BUS607 Globalisation and Value Chain Management Elective BUS500, ECO500 and MKT500
BUS608 Strategy and Innovation Elective BUS500 and MKT500
MKT600 Consumer Behaviour Elective ACC500, BUS500, LAW500 and MKT500
MKT601 International Marketing Elective ACC500, BUS500, LAW500 and MKT500
MKT602 B2B Marketing Elective ACC500, BUS500, LAW500 and MKT500
MKT603 Digital Marketing Elective ACC500, BUS500, LAW500 and MKT500
Year 2- General Stream
MKT500 Marketing for Managers Core NIL
BUS600 Research Methods Core ACC500 BUS500 ECO500 LAW500 and STT500
BUS610 Applied Business Project Core BUS600 plus all core units in relevant stream-Discipline Head approval required prior to enrolment
BUS601 Leadership in organisations Elective ACC500 and BUS500
BUS602 Organisation Behaviour Elective BUS500
BUS603 International Business Elective BUS500, MKT500 and LAW500
BUS604 Operations Management Elective BUS500, MKT500 and LAW500
BUS605 Service Management Elective BUS500 and MKT500
BUS606 Managing Cultural Diversity Elective BUS500 and MKT500
BUS607 Globalisation and Value Chain Management Elective BUS500, ECO500 and MKT500
BUS608 Strategy and Innovation Elective BUS500 and MKT500
FIN600 International Finance Elective ECO500 and FIN500
LAW600 Law of Business Associations Elective LAW500, ACC501 and BUS500
MKT600 Consumer Behaviour Elective ACC500, BUS500 LAW500 and MKT500
MKT601 International Marketing Elective ACC500, BUS500, LAW500 and MKT500
MKT602 B2B Marketing Elective ACC500, BUS500, LAW500 and MKT500
MKT603 Digital Marketing Elective ACC500, BUS500, LAW500 and MKT500
Year 2- International Business Stream
MKT500 Marketing for Managers Core NIL
BUS600 Research Methods Core ACC500 BUS500 ECO500 LAW500 and STT500
BUS610 Applied Business Project Core BUS600 plus all core units in relevant stream-Discipline Head approval required prior to enrolment
BUS601 Leadership in organisations Elective ACC500 and BUS500
BUS603 International Business Elective BUS500, MKT500 and LAW500
BUS606 Managing Cultural Diversity Elective BUS500 and MKT500
BUS607 Globalisation and Value Chain Management Elective BUS500, ECO500 and MKT500
BUS608 Strategy and Innovation Elective BUS500 and MKT500
ECO601 International Trade Elective BUS500, ECO500, FIN500 and MKT500
FIN600 International Financial Management Elective ECO500 and FIN500
MKT601 International Marketing Elective ACC500, BUS500, LAW500 and MKT500
MKT602 B2B Marketing Elective ACC500, BUS500, LAW500 and MKT500
Year 2- Cyber Security Management Stream
MKT500 Marketing for Managers Core NIL
BUS600 Research Methods Core ACC500 BUS500 ECO500 LAW500 and STT500
CBY600 Enterprise Security Management Core
CBY601 Cyber Forensics Core
DAT610 Applied Project (double weighted unit) Core BUS600
LAW601 Information security: Law, regulation, and policies Core
NET600 Computer Networks and Security Core
NET601 Enterprise cloud security and governance Core
Year 2- Data Analysis Stream
MKT500 Marketing for Managers Core NIL
BUS600 Research Methods Core ACC500 BUS500 ECO500 LAW500 and STT500
DAT600 Programming Fundamentals Core
DAT601 Mathematics in data analysis and AI Core
DAT602 Database design and development Core
DAT603 Data Analysis Core
DAT604 Data Mining Core
DAT610 Applied Project (double weighted unit) Core BUS600

Please Note

  • The course is available each intake but note that some units of study are subject to quotas and minimum enrolment requirements.
  • Not all units of study are available every semester, and changes in course structure may occur from time to time.

Exit Outcomes

To obtain a Master of Business, candidates are required to successfully complete or be granted credit for all 16 units. Not all units are offered each semester. You must complete at least 50% of the required units at PIA to be eligible to obtain a Master of Business.

International Student Duration

The CRICOS-registered duration is 104 weeks or 2 year of full-time study (4 semesters). Please note the part time mode is not available to students in Australia on a student visa.

Domestic Student Duration

For domestic students, the course is 2 years part-time full-time or 4 years part-time.

Delivery Methods

Type Explanation
Blended Delivered on campus and with technology-based activities outside of class hours

Entry Requirements

Polytechnic Institute Australia’s courses have flexible entry requirements that apply to Master of Business.

Students enrolling in in the Masters of Business Degree program must meet the following entry requirements.

General Entry

A recognised Australian or equivalent Bachelor degree or higher

Special or alternative admission arrangements

A minimum of five years’ relevant work experience, which includes at least three years’ management experience, or significant technical experience; OR

An Advanced Diploma or Associate Degree (AQF Level 6) or learning equivalent to an AQF Level 6 qualification and at least three years’ relevant work experience; OR

Completion of the Graduate Certificate stage at the Institute (or equivalent at a recognised HEP or University)

International Students

Must satisfy the English Language Requirements.

AND

have a recognised Australian or equivalent Bachelor degree or higher OR

An Advanced Diploma or Associate Degree (AQF Level 6) or learning equivalent to an AQF Level 6 qualification and at least three years’ relevant work experience OR

Completion of the Graduate Certificate stage at the Institute (or equivalent at a recognised HEP or University)

Special and/or alternative entry: non-school leavers (mature-age applicants and/or those who do not hold their HSC or equivalent) – a minimum of five years’ relevant work experience, which includes at least three years’ management experience, or significant technical experience OR

An Advanced Diploma or Associate Degree (AQF Level 6) or learning equivalent to an AQF Level 6 qualification and at least three years’ relevant work experience OR

Completion of the Graduate Certificate stage at the Institute (or equivalent at a recognised Australian Institute of Higher Education, Australian University College, or Australian University). Foreign qualifications will be considered on a case-by-case basis.

Language Requirements

Language proficiency

  • IELTS Academic: 6.5 with no band less than 6.0; or
  • TOEFL: 575 or better; or
  • TOEFL IBT (International Benchmark Test): 91 or better; or
  • TOEFL CBT (Computer Based Test): 235 or better; or
  • Academic PTE (Pearson Test of English): 58 or better; or
  • Cambridge English: CAE and CPE (from 2015): 176 or better; or
  • General Certificate of Education (GCE): A Levels with a C or better in English; or
  • KITE: all bands B2 with a result greater than 450 in each band; or
  • Duolingo: overall 115 with no band less than 110.

English Language Test results are valid for two years from the date of the results up to the date of commencement at the Institute. The most recent test supersedes ALL previous tests.

Attendance Requirements

The Institute has enforceable requirements in relation to attendance. Further details are provided at Item 20 of the Terms and Conditions.

Fees

The course fees (per semester) are indicated below and are based on a standard full-time study load and duration. Your course fees and duration may vary if you have applied for and been granted Advanced Standing. Tuition fees may increase during your studies. Students are advised in advance of any increase in tuition fees being implemented.