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Graduate Course Guide 2013 a

Graduate Course Guide

2013

Never stop learning

b Graduate Course Guide 2013

Omar Akbik, Master of Management (Finance), Joseph Lim, Master of Management (Finance), Monica Co, Master of Management (Marketing)

It is a great honour to work with our world class academics, the brightest of students, alumni and other key stakeholders to further the ambitions of our Faculty.

Professor Paul Kofman Dean, Faculty of Business and Economics

The team of staff in the GSBE Student Centre are here to welcome you and support you during your studies. We pride ourselves on providing our students with a high standard of service and support including a targeted program of orientation and transition, ongoing course advice and a comprehensive suite of academic enrichment, careers services and professional development opportunities.

Ms Clare Harper Student Centre Manager, GSBE

Never stop LearNiNGBusiness and Economics have always been important disciplines and never more so than today. To stay ahead, professionals need the best possible preparation.

At the GSBE this preparation is provided though a well-established, quality education, taught by internationally recognised staff and informed by our research. The notion of Never Stop Learning reflects the benefit and value we see in a university curriculum combining strong educational foundations with cutting edge theory and ongoing enquiry. A university education embedded in research enables us to remain competitive as a nation.

We believe that quality teaching goes hand-in-hand with knowledge creation and knowledge dissemination. Our academics bring their research to the classroom to ensure our students acquire high level skills and competencies informed by the latest developments. This means that as a GSBE student, you obtain practical and relevant skills that enable you to be competitive.

The uncertainties of the last decade have highlighted the need for our graduates to be problem- solvers, able to accept and respond to ambiguity, adapt to change, and view life as a continuing learning experience. Research-led teaching equips our graduates with those skills and attributes.

Professor Nasser Spear Deputy Dean and Director of the GSBE

The Faculty of Business and Economics

CoNteNts

IntroductionWhy choose the Graduate School of Business and Economics? 2

Our Courses at a Glance 6

Master of Management Master of Management 9

Master of Management (Accounting) 10

Master of Management (Finance) 11

Master of Management (Human Resources) 12

Master of Management (Marketing) 13

Graduate Diploma in Management 14

Graduate Certificate in Management 15

Master of Management elective subjects 16

Accounting Master of Accounting (12 and 16 subject) 19

Postgraduate Diploma in Accounting 20

Graduate Certificate in Business Forensics 21

Graduate Diploma in Professional Accounting 23

Actuarial Science Master of Actuarial Science 25

Postgraduate Diploma in Actuarial Science 25

Economics Master of Economics 27

Postgraduate Diploma in Economics 27

Finance Master of Commerce (Finance) 29

Master of Finance 30

Postgraduate Diploma in Finance 31

Professional Recognition 31

Management and MarketingMaster of Commerce (Management) 33

Master of Commerce (Marketing) 34

Master of International Business 35

Graduate Certificate in Communication and Customer Strategy 36

Graduate Certificate in Marketing Management 37

Further Information Graduate Research Degrees at the GSBE 38

Executive Education at the GSBE 39

Careers at the GSBE 40

Student Life at the GSBE 44

The City of Melbourne 46

The Application Process 48

Frequently Asked Questions 49

Financing Your Degree 51

Graduate Course Guide 2013 1

Why Choose the Graduate sChooL of BusiNess aNd eCoNomiCs?When choosing a university in which to earn your degree, you want to know that at the end of your study, you can work anywhere in the world.

Melbourne’s membership of the Association of Pacific Rim Universities and Universitas 21, as well as involve-ment in other international business and cultural institutions like the Business Councils for China, India and Malaysia means its reputation precedes it.

The University of Melbourne is the first and only Australian university to rank in the Top 100 of the Business and Economics subject ranking in the Shanghai Jiao Tong University Rankings, 2011.

The Faculty of Business and Economics ranked third in Accounting and Finance and fifth for Economics and Econometrics in the Asia-Pacific region, in the 2012 QS World University Rankings by subject. The University of Melbourne also ranked 4th globally in the Employer Reputation index, which measures employer perceptions of graduate quality. The Faculty is home to 220 academic staff who are active researchers in all our main disciplines.

Staff publish their research widely in leading international and Australian journals and present frequently at international conferences. They are editors and board members of prominent journals and also organise international research conferences at the University.

From this perspective alone, the University of Melbourne is a great choice. It is consistently ranked among the leading universities in the world, with its international peers placing it in the top 20 worldwide and employers placing it in the top 10. In the recent Times Higher Education rankings of the world’s top 200 universities, Melbourne ranked top in Australia and 37 in the world.

2 Graduate Course Guide 2013 Viktoria-Sophie Bartsch, Master of Finance

GLoBaL aLumNi Since its establishment in 1924, the Faculty has produced over 37,000 graduates. When you join the GSBE, you become part of this global network, connected to alumni in senior positions of business, government, academia and the not-for-profit sector.

Malaysia, China and

Singapore are the most popular

destinations, each home

to over 1,000 alumni.

Percentage of alumni living internationally: 24.97%

Alumni speak over 45 different languages.

37,792 alumni

We have alumni in 89 countries across the globe


The Faculty of Business and Economics is home to the GSBE and to five teaching and research departments:

> Accounting

> Economics

> Finance

> Management and Marketing

> The Melbourne Institute

At the most recent Australian Research Council Excellence in Research assessment, our Faculty received the highest number of 5 star ratings in Australia for Economics & Commerce and Management disciplines.

our faCuLty

4 Graduate Course Guide 2013

The Master of Management (Accounting) is accredited by CPA Australia and the Institute of Chartered Accountants in Australia.

The Graduate Diploma in Professional Accounting is accredited with the Institute of Chartered Accountants and may also enable admission to the CPA Program. For both professional bodies, admission will depend upon the undergraduate and graduate subjects a student completes.

To satisfy accreditation requirements for either professional body, students will need to have completed at the undergraduate or graduate level the equivalent 12 subjects that comprise the 150 point Master of Management (Accounting) on page 10.

The Master of Finance covers 70% of all three levels of the CFA Program Candidate Body of Knowledge topics, the CFA Institute ethical and professional standards and other CFA Program Partner requirements.

On successful completion of the Master of Actuarial Science, students who have performed at a high level will be eligible for exemption from all of the subjects comprising Part I of the professional requirements of the Actuaries Institute.

Detailed information about the accredited pathways can be provided by contacting the GSBE: [email protected] or visit www.gsbe.unimelb.edu.au

Professional Accreditation and Recognition

The Faculty of Business and Economics is AACSB (The Association to Advance Collegiate Schools of Business) accredited in both business and accounting, becoming the first business school in Victoria to achieve this feat. This confirms its stance as a world-leading business school, joining institutions such as the London Business School and the Wharton School of the University of Pennsylvania.



our Courses at a GLaNCe

*GMAT/GRE is not required for Graduate Certificate in Marketing Management or Graduate Certificate in Communication and Customer Strategy

The following courses are suitable for students with a non-business related bachelor degree.

The minimum entry requirements are:

> An undergraduate degree in any discipline, or equivalent;

> The applicant’s submitted statement of intent in seeking entry; and

> Performance on the GMAT or GRE* unless the applicant has met one of the approved conditions for GMAT or GRE exemption.

STudy AREA dEGREE

Management Master of Management Master of Management (Human Resources) Graduate Certificate in Management Graduate Diploma in Management Master of International Business

Accounting Master of Management (Accounting)

Finance Master of Management (Finance)

Marketing Graduate Certificate in Marketing Management Graduate Certificate in Communication and Customer Strategy Master of Management (Marketing)


The following courses are suitable for students with a business-related bachelor degree, who wish to develop their knowledge in a specific discipline.

Each course has varying minimum entry requirements.

STudy AREA dEGREE EnTRy REquIREMEnTS

ACtuAriAl StuDieS Page 24

Master of Actuarial Science

> An undergraduate or postgraduate degree with the equivalent of a major in mathematically based subjects (eg. mathematics, physics, or engineering);


> Performance on the GRE unless the applicant has met one of the approved conditions for GRE exemption.

Postgraduate diploma in Actuarial Science

ACCouNtiNG Page 18

Master of Accounting (12 subject)

12 subject course:

> An undergraduate degree in accounting, or equivalent

> At least one year of documented, relevant (full-time) work experience


> Results of the GMAT or the GRE.

Master of Accounting (16 subject)

16 subject course:



> Performance on the GMAT or the GRE unless the applicant has met one of the approved conditions for GMAT or GRE exemption.

Postgraduate diploma in Accounting

Graduate Certificate in Business Forensics

> An undergraduate degree or equivalent in accounting, finance, law or other relevant discipline

> At least one year of documented relevant (full-time) work experience

> The applicant’s submitted statement of intent in seeking entry.

Graduate diploma in Professional Accounting

> An undergraduate degree in business/commerce or equivalent, or evidence showing sufficient business/commerce studies taken as part of any other undergraduate degree.


> Performance on the GMAT or the GRE unless the applicant has met one of the approved conditions for GMAT or GRE exemption.

eCoNoMiCS Page 26

Master of Economics

> An undergraduate or postgraduate degree with a strong analytical or mathematical component and with at least H2B (75%) average;



Postgraduate diploma in Economics

FiNANCe Page 28

Master of Commerce (Finance)

> A four year undergraduate degree with a specialisation in Finance or a Postgraduate Diploma in Finance, or equivalent, with at least H2A (75%) average in the honours specialisation or the Postgraduate Diploma;


> Performance on the GMAT or GRE (as per the minimum requirements specified on page 29).

Master of Finance > An undergraduate degree or equivalent in a relevant discipline, with studies in Business Finance, Investments and Corporate Finance, or their equivalents.

> The applicant’s submitted statement of intent in seeking entry

> Performance on the GMAT/GRE unless the applicant has met one of the approved conditions for GMAT or GRE exemption.

Postgraduate diploma in Finance

MANAGeMeNt & MArKetiNG Page 32

Master of Commerce (Marketing)

> An undergraduate or postgraduate degree with a major in management, marketing or a related discipline with at least H2B (70%) average, or equivalent;

> An average of at least an H2B (70%) in the best three subjects in the disciplines of Management and Marketing in the final year of study;


> Performance on the GMAT or GRE unless the applicant has met one of the approved conditions for GMAT or GRE exemption.

Master of Commerce (Management)


master of maNaGemeNtThe Master of Management suite of courses consists of the:

> Master of Management

> Master of Management (Accounting)

> Master of Management (Finance)

> Master of Management (Human Resources)

> Master of Management (Marketing)


master of maNaGemeNt 18 MonTh CouRSE: CRICoS 075104E

2 yEAR CouRSE: CRICoS 064496G

Program structure

Master of Management Course Outline:

The Master of Management provides foundation training in business and economics, as well as specialist training in organisational management. The course covers a broad spectrum of management activities including all

the key areas needed to become a successful manager and leader, such as managing innovation and change, motivating and leading people, developing strategies for national and global markets, and developing customer-oriented organisations.

Who is it for?

This course is ideal for students holding an undergraduate degree in an area outside of commerce whose goal may be to assume a managerial position in their particular field of expertise.

career outcomes

Graduates of this course may find employment as a:

> Business Analyst

> Business Manager

> Management Consultant

> Manager

> Operations Manager

course details

Entry in either Semester 1 or 2

Parkville campus

Entry requirements are the same for all specialisations:*> An undergraduate degree in any

discipline, or equivalent> Results of the Graduate Management

Admissions Test (GMAT) or Graduate Record Examination (GRE) unless the applicant has met one of the approved conditions for a GMAT or GRE exemption

> The applicant’s submitted statement of intent on seeking entry

> English language proficiency

18 month course (150 points) 6 months = total 2 years (200 points)

4 foundation subjects 2 compulsory and 1 capstone subject

5 management elective subjects (for indicative list of electives please visit page 16)

4 management elective subjects (for indicative list of electives please visit page 16)

> Quantitative Methods for Business or Business Analysis & Decision Making

> Accounting for Decision Making or Financial Management

> 2 from Managerial Economics Managing for Value Creation Management Competencies

> People and Change

> Marketing Management

> Strategy Capstone

Students can select the Business Case Challenge in place of 1 of these electives.

Students can also apply for an exchange/study abroad semester.

+

fees

Course length is 150 or 200 credit points

Local students (CSP): $1,178 per 12.5 credit point subject

Local students (Full Fee): $3,424 per 12.5 credit point subject

International students: $4,088 per 12.5 credit point subject

Graduate Diploma in Management

Course length is 100 credit points



Graduate Certificate in Management


Local students (Full Fee):$3,424 per 12.5 credit point subject


See page 51 for information about financing your degree

*minimum entry requirements do not guarantee entry. See page 48 for more information

The Master of Management suite is designed for recent graduates from all disciplines, those with minimal or no work experience and early career changers. The degrees are designed to develop a sound business/management foundation and perspective, and provide the ability to develop specialised knowledge in an area of choice.

The Master of Management comprises four foundation subjects to be taken in the first semester of study, followed by a sequence of compulsory and elective subjects depending on the area of chosen specialisation. The number of electives you may choose varies with each degree. For details, please visit: http://handbook.unimelb.edu.au

course length: You can choose to study the Master of Management degree for either an 18 month or two year duration. Entry requirements are the same for both options.


master of maNaGemeNt (aCCouNtiNG) 18 MonTh CouRSE: CRICoS: 075104E


Program structure

Master of Management (Accounting) Course Outline:

The Master of Management (Accounting) provides a foundation in accounting, economics, management, and quantitative methods. Students complete a specialist core to develop their knowledge and skills in financial accounting, managerial accounting, auditing, taxation, corporate finance and accounting information systems.

Students who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Diploma in Professional Accounting (see page 23 for more information.)

Who is it for?

The Master of Management is suited to students who have an undergraduate degree in areas outside of commerce who wish to practise accountancy.

Professional accreditation

This degree is certified by CPA Australia and the Institute of Chartered Accountants in Australia. Successful completion of the Master of Management (Accounting) prepares students to apply for entry to the Institute of Chartered Accountants of Australia (ICAA) or Certified Practising Accountant (CPA) professional studies program.

career outcomes

> Accountant

> Auditor

> Business Manager

> Management Accountant

> Systems Accountant

course details


Parkville campus

Entry requirements are the same for all specialisations:*

> An undergraduate degree in any discipline, or equivalent

> Results of the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless the applicant has met one of the approved conditions for a GMAT or GRE exemption



fees







18 month course (150 points) 6 months = total 2 years (200 points)

4 foundation subjects 8 Accounting subjects 4 elective subjects, 2 of which are chosen from the Master of Accounting subjects (for indicative list of electives please visit page 16)

> Managerial Economics

> Quantitative Methods for Business

> Financial Management

> Accounting for Decision Making

> Strategic Cost Management

> Strategic Performance Management

> Corporate Reporting

> Financial Accounting

> Auditing and Assurance Services

> Legal Issues for Accountants

> Taxation for Business Decision Making

> Information Processes and Control



+

?What is a caPstone subject?A capstone subject gives you the opportunity to engage in a ‘capstone’ experience, designed to draw together the various strands of your graduate education, and to prepare you for professional life. They may involve work experience, a research project, input from an industry practitioner, or a coursework subject outlining business best-practice.


master of maNaGemeNt (fiNaNCe) 18 MonTh CouRSE: CRICoS: 075104E


Program structure

Master of Management (Finance) Course Outline:

The Master of Management (Finance) provides graduates with advanced competencies, professional skills and knowledge in the finance discipline which will prepare them for entry into the finance profession.

Who is it for?

This degree is ideal for students holding an undergraduate degree in an area outside of commerce whose goal may be to assume a managerial position in this particular field of expertise. The degree is also suited to commerce students who wish to add finance to their portfolio.

career outcomes


> Banker

> Investment Banker/Merchant Banker

> Finance Manager

> Financial Planner

> Investment Analyst

> Stockbroker

course details


Parkville campus






fees







18 month course (150 points)

6 months = total 2 years (200 points)


4 elective subjects (3 finance and 1 general elective. For indicative list of electives please visit page 16)

4 elective subjects (2 finance and 2 general elective (for indicative list of electives please visit page 16)

> Quantitative Methods for Business


> Financial Management

> Management for Value Creation or

Managerial Economics or

Management Competencies

> Corporate Financial Policy

> Investment Management

> Derivative Securities

> Capstone Studies in Finance



+

?Why Would i choose to undertake the longer master of management course? The 200 point option (2 years full-time) in the Master of Management suite offers you a number of benefits. Primarily, you will gain in-depth knowledge of your chosen discipline and improve your employment prospects with a demonstrated commitment to your discipline. You will also have the opportunity to study the Business Case Challenge subject, have a wider choice of electives, undertake cross–disciplinary studies and have an increased opportunity to undertake an international experience such as an exchange/study abroad semester.


course details


Parkville campus






fees









4 foundation subjects 1 compulsory hR subject, and 1 capstone subject

6 hR subjects (for list of hR subjects please visit page 16)

4 hR elective subjects (for indicative list of electives please visit page 16)

> Quantitative Methods for Business or

Business Analysis & Decision Making

> Accounting for Decision Making or

Financial Management

> 2 from Managerial Economics Managing for Value

Creation Management

Competencies

> Managing People

> Strategic Human Resources



+

master of maNaGemeNt (humaN resourCes) 18 MonTh CouRSE: CRICoS: 075104E


Program structure

Master of Management (Human Resources) Course Outline:

The Master of Management (Human Resources) covers a broad spectrum of management activities including all the key areas needed to become a successful manager and leader, such as: managing people; developing and implementing a strategic approach to managing an organisation’s human resources; motivating and rewarding employees; dealing with stakeholders,

analysing data and developing HR policy and practice responses.

Who is it for?

This course is ideal for students holding an undergraduate degree outside of commerce whose goal may be to assume a managerial position in human resources.

career outcomes


> Human Resources Manager

> Industrial Relations Officer

> Recruitment Consultant

> Business Manager



master of maNaGemeNt (marketiNG) 18 MonTh CouRSE: CRICoS: 075104E


Program structure

Master of Management (Marketing) Course Outline:

This course provides foundation training in a variety of business and management disciplines and specialist training in marketing. It enables graduates to develop, implement and control integrated marketing programs, work closely with managers in other functional areas, and pursue a career in marketing management. The course focuses on the means by which organisations attract and retain customers, and covers many aspects of marketing, including marketing

strategy, customer behaviour, relationship marketing, branding and international marketing.

Who is it for?

This course is ideal for students holding undergraduate degrees in areas outside of commerce whose goal may be to assume a managerial position in the marketing and communications field. The course is also suited to commerce students who wish to add marketing to their portfolio.

career outcomes


> Brand Manager

> Advertising Manager

> Market Research Analyst

> Marketing Manager

> Public Relations Officer

course details


Parkville campus






fees










3 marketing subjects and 2 general elective subjects (for indicative list of subjects please visit page 16)

3 marketing subjects and 1 general elective subject (for indicative list of subjects please visit page 16)

> Quantitative Methods for Business or


> Accounting for Decision Making or


> 2 from Managerial Economics Managing for Value

Creation Management

Competencies

> Consumer Behaviour

> Marketing Management

> Marketing Strategy Capstone



+


Graduate dipLoma iN maNaGemeNt CRICoS CodE: 064484A

The Graduate Diploma in Management provides foundation training in business and economics, as well as allowing for limited specialisation in organisational management.

The course covers the areas of accounting, finance, economics, quantitative methods, marketing and

management and allows students to study one or more areas in greater depth. The course is ideal for those seeking generalist management careers.

The Graduate Diploma in Management is eight subjects in duration, and will normally be completed in 1 year of full-time study or 2 years part-time.

Entry requirements are the same as those for the Master of Management. For course fees please refer to page 9.

Prathana sirinarang (thailand)

“The Master of Management course at GSBE is an excellent pathway for individuals

like me who are seeking to gain business management skills and acquire additional

knowledge about the workings of the corporate world. It is particularly useful for

those who have studied a different field (e.g. Science, Engineering, Arts) and for those who

have minimal work experience. I found this course fit my requirements perfectly in terms

of modules taught, course length and a highly ranked institution.”

Prathana is a Master of Management student. She is a recipient of the

A.G Whitlam Graduate Scholarship, and is currently working as

an Executive Recruitment Consultant with P.R Business

Management Co Ltd.


Graduate CertifiCate iN maNaGemeNt CRICoS CodE: 064486K

The Graduate Certificate in Management provides foundation training in business and economics. The course covers the areas of accounting, finance, economics, quantitative methods, marketing and management.

The Graduate Certificate in Management is four subjects in duration, and will normally be completed in six months of full-time study or 1 year part-time.

Entry requirements are the same as those for the Master of Management. For course fees please refer to page 9.

charles edWards (australia)

“I have always had an interest in businesses, in particular finance and throughout my

engineering degree I took finance electives where ever I could. I chose to study a Masters in

Management (Finance) because I believe it will be an invaluable tool in my future career as an

engineer, giving me a greater knowledge about financing and how businesses

are structured and managed.”

Charles is a Master of Management (Finance) student. He has previously completed a

Bachelor of Engineering (Civil).


accounting

Accounting for Decision Making

Auditing & Assurance Services

Corporate Reporting

Financial Accounting

Financial Statement Analysis

Information Processes and Control

Legal Issues for Accountants

Strategic Cost Management

Strategic Performance Management

Sustainability Accounting

Taxation For Business Decision Making

economics

Advanced Policy Analysis

Environmental Economics and Strategy

Cooperation and Conflict in World Trade

Macroeconomics for Managers

Macroeconomics 2

Macroeconomics 3

Managerial Economics

Microeconomics 2

Microeconomics 3

Quantitative Decision Making 2

Quantitative Methods for Business

Quantitative Decision Making 3

human resources

Managing Stakeholders

Managing Diversity

Leadership and Team Dynamics

Policies and Issues in HRM and ER

Performance Management & Reward Systems

HR Consulting

Psychology of HR Practice

People and Change

International Human Resource Management

Conflict and Negotiation

international business

Cross Cultural Management & Teamwork

Global Corporate Strategy

Managing the Multinational

marketing

Advertising

Brand Management

Consumer Behaviour

International Marketing Management

Internet Marketing

Marketing Channels

Marketing Management

Marketing Strategy

Marketing Research

Neuromarketing

Product Management

Public Relations Management

Retail Management

Service Marketing

master of maNaGemeNt eLeCtive suBjeCtsFor subject descriptions please refer to the online handbook http://handbook.unimelb.edu.au. This list is indicative only. Elective subjects change periodically so for the most up-to-date list of electives on offer at the time of your enrolment please refer to the GSBE website.


management


Business Case Challenge

Conflict & Negotiation

Global Business Practicum

Global Corporate Governance

HR Consulting

International Human Resources

Leadership and Team Dynamics

Management and Business Communication


Managing Diversity

Managing e-Business Supply Chains

Managing in Information Societies

Managing Innovation and Entrepreneurship

Managing Organisational Change

Managing People

Managing Stakeholders

Managing for Value Creation

Operations Management

Organisational Behaviour

People and Change

Performance Management and Reward Systems

Policies and Issues in HRM and ER

Project Management

Psychology of HR Practice

Strategic Human Resources

Strategy Capstone

Supply Chain Management

Technology Management

multidisciPlinary

Business Risk Management

information systems

Process Analysis Modelling and Design

business administration

Melbourne Business Practicum

business information systems

Business and Information Technology

Business Intelligence

Managing Information Technology

finance

Capstone Studies in Finance

Corporate Financial Policy

Derivative Securities

Ethics in Finance


Financial Spreadsheeting

Fundamentals of Portfolio Management

International Financial Management

Investment Management

Project Finance

Property Investment, Development Finance

Public Sector Financial Management

Treasury Management

aCCouNtiNGThe University of Melbourne has taught accounting since 1925 and has built a strong reputation as a premier educator in the field. Today, the Department of Accounting proudly maintains and enhances that reputation. As one of the largest and oldest accounting departments in Australia, it attracts high calibre academic staff and students.


head of dePartment

John lyon is the Fitzgerald Professor of Accounting at the University of Melbourne. John holds a Bachelor of Commerce (Hons) and PhD from The Ohio State University. He was formerly Professor of Management in Accounting at Melbourne Business School and The Australian Graduate School of Management. He has previously held positions at The Graduate School of Management, The

University of California (Davis), The Ohio State University and the Queensland Institute of Technology.

John’s research interests are: empirical methods in accounting and finance, earnings announcements and the pricing of audits. He is widely published including the Journal of Accounting Research, Journal of Finance, Journal of Financial Economics, Journal of the Royal Statistical Society and the Journal of Accounting, Auditing and Finance.


The Master of Accounting is an advanced, specialised degree for accountants. It provides a broad understanding of the key contemporary issues in accounting and develops a set of specific competencies representing advanced professional skills.

This program is also a pathway to the PhD program: Students may choose to undertake an optional research semester as their final semester. Entry to the research semester will be dependent upon students attaining a GPA of 80 in their prior Master of Accounting subjects and/or subject to the Program Director’s approval.

The Master of Accounting is offered in two streams depending on your level of work experience. (see Course Details.)

Who is it for?

The Master of Accounting is ideally suited to recent accounting graduates and junior executives with an accounting degree who wish to extend their skills and knowledge in the core areas of the discipline.

Please note: The Master of Accounting is not accredited with CPA Australia or the Institute of Chartered Accountants in Australia.

For further information about the CPA program visit www.cpaaustralia.com.au

career outcomes

> Accountant

> Auditor

> Business Analyst



Students enrolled in the Master of Accounting who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Postgraduate Diploma in Accounting.

?What is the difference betWeen the master of management (accounting) and the master of accounting?The Master of Accounting is for students who have already studied an undergraduate degree in accounting and who wish to further develop their skills in a specialised area of accountancy. The Master of Management (Accounting) is for students who do not have an accounting background. It is the fastest pathway to professional accreditation as an accountant.

Program structure

The Master of Accounting is either 12 or 16 subjects in length. Students who have successfully completed the Institute of Chartered Accountants in Australia PY/CA Program, or the CPA Australia CPA Program, may receive credit for up to four elective Master of Accounting subjects.

12 subject degree course outline:

Advanced Auditing and Assurance Services

Issues in Corporate Reporting



Accounting Information and Security Valuation


Strategic Management Accounting

Microeconomics 2

Elective 1 Elective 2 Elective 3 Elective 4

Or optional research semester

Advanced Auditing and Assurance Services

Issues in Corporate Reporting





Strategic Management Accounting

Microeconomics 2

Elective 1 Elective 2 Elective 3 Elective 4 Elective 5 Elective 6 Elective 7 Elective 8

Or optional research semester

16 subject degree course outline:

master of aCCouNtiNG (12 aNd 16 suBjeCt) 12 SuBjECT: CRICoS 037945A

16 SuBjECT: CRICoS 054183G

Accounting in today’s business world is extremely sophisticated. An accountant is a strategic adviser and business partner who must have a good understanding of business issues and processes, as well as the skills necessary for sound decision-making. Accounting studies will equip you to understand the financial structure of an organisation, and produce and analyse financial information.


postGraduate dipLoma iN aCCouNtiNG CRICoS CodE: 054183G

The Postgraduate Diploma in Accounting is designed to develop students’ ability to identify and discuss contemporary issues in accounting, auditing and related disciplines as reflected in national and international regulatory pronouncements and the general and business press.

Students who successfully complete the Postgraduate Diploma in Accounting may be eligible to progress to the 16 subject Master of Accounting with 100 points credit. Students who wish to progress to the 12 subject Master of Accounting will also need to demonstrate at least one year of documented relevant work and/or professional experience.

The entry requirements for the Postgraduate Diploma are the same as those for the 16 subject Master of Accounting.

12 subject Master of Accounting

Open to applicants with an undergraduate degree in accounting or equivalent, and at least one year of documented relevant (full-time) work experience.

18 months full-time or 3 years part-time


Parkville campus

Entry requirements:*


> At least one year of documented, relevant (full-time) work experience

> Results of the Graduate Management Admissions Test (GMAT) or the Graduate Record Examination (GRE).



16 subject Master of Accounting and Postgraduate Diploma in Accounting

Open to applicants with an undergraduate degree in accounting or equivalent. No work experience is required.

Master of Accounting:

2 years full-time or 4 years part-time

Postgraduate Diploma in Accounting: 1 year full-time or 2 years part-time


Parkville campus



> Results of the Graduate Management Admissions Test (GMAT) or the Graduate Record Examination (GRE), unless the applicant has met one of the approved conditions for a GMAT or GRE exemption.



Course length is 150, 200 or 100 credit points





course details fees


Graduate CertifiCate iN BusiNess foreNsiCs

The course provides the opportunity to gain specialist skills and knowledge in business forensics in the areas of business valuation, assessment of information systems security, expert witness processes and the laws of evidence.

Students with an undergraduate degree in accounting who successfully complete the Graduate Certificate in Business Forensics can credit the four subjects taken in the Graduate Certificate towards the Master of Accounting.

Program structure

The Graduate Certificate in Business Forensics is offered on a part-time basis only. It comprises 2 core subjects and 2 electives, and will normally be completed in one year of part-time study.+

Graduate Certificate in Business Forensics Course outline

Forensic Business Processes

Elective


Elective

NB: this is a sample course plan and is indicative only. Some subjects have pre-requisites and may not be offered each semester. For the full list of electives please visit the handbook entry for this course http://handbook.unimelb.edu.au.

Who is it for?

The Graduate Certificate in Business Forensics is designed as a specialist qualification for practitioners wishing to acquire skills and knowledge in business forensics.

The course is well-suited to:

> Practitioners with an accounting qualification interested in developing skills for this expanding area of business

> Suburban/rural/regional accounting firms seeking to provide specialised business forensic services to clients

> Those undertaking accounting courses such as the Master of Accounting

> Those currently working in business forensics

> Those currently working for regulatory bodies.

career outcomes:

> Forensic Accountant

course details

1 year part-time (This course is offered on a part-time basis only)+


Parkville campus


> An undergraduate degree or equivalent in accounting, finance, law or other relevant discipline

> At least one year of documented relevant (full-time) work experience.



fees



See page 51 for information about financing your degree+ Note: international students must undertake graduate study on a full-time basis if in Australia on a student visa. This course is therefore not available to international students in 2013.

* minimum entry requirements do not guarantee entry. See page 48 for more detail

Yun Liu (Taiwan)

“Compared to undergraduate study, my graduate course in accounting focuses more on case

studies. The assignments require deeper analysis of real business issues. I have learnt

more about forecasting stock market and analyzing a company’s financial report through

the subjects Financial Statement Analysis and Accounting Information and Security Valuation.

I have also participated in the Global Business Practicum to Mumbai in January this year. The

experience was amazing! I saw and experienced a completely different culture. The consulting

project that I got to work on was insightful since it is a very ‘live’ project concerning

the whole nation’s identity program.”

Yun (pictured in the middle) is a Master of Accounting (16 subject) student.

In semester two 2012, she will be embarking on an exchange to the

HEC School of Management in Paris.



Graduate dipLoma iN professioNaL aCCouNtiNG CRICoS CodE: 064485M

The Graduate Diploma in Professional Accounting provides a pathway to a career in professional accounting for students who have completed sufficient business or commerce subjects during their undergraduate degree.

The course develops technical skills and professional competencies in accounting issues and practices that impact and drive internal and external decision making.

Program structure

The Graduate Diploma in Professional Accounting is 8 subjects in duration and will normally be completed in one year of full-time or 2 years of part-time study.

Who is it for?

This course is designed for those who have already studied business/commerce at an undergraduate level. Students can apply to transfer to the Master of Management (Accounting) if they wish to gain the additional benefits offered by a longer course or have not completed sufficient accounting subjects at undergraduate level to satisfy accreditation requirements.


The Graduate Diploma in Professional Accounting is accredited with the Institute of Chartered Accountants and may also enable admission to the CPA Program.

To satisfy accreditation requirements for either professional body, students will need to have completed at the undergraduate or postgraduate level the equivalent 12 subjects that comprise the 150 point Master of Management (Accounting) on page 10.

career outcomes

> Business Analyst

> Accountant



Detailed information about the accredited pathway can be provided by contacting the GSBE: [email protected]

1 year full-time or 2 years part-time


Parkville campus


> An undergraduate degree with sufficient business/commerce subjects to meet subject pre-requisites, or equivalent




fees






course details

Accounting for Decision Making


Corporate Reporting

Strategic Cost Management

Financial Accounting

Auditing and Assurance Services

Taxation for Business Decision Making

Strategic Performance Management

Graduate Diploma in Professional Accounting Course outline


aCtuariaL sCieNCeThe Centre for Actuarial Studies is located within the Department of Economics. The Centre is one of the five teaching units that are fully accredited by the Actuaries Institute. Members of the Centre undertake research in insurance, superannuation, financial mathematics and related areas. Our actuarial courses are firmly established and conducted by academics respected in their fields.


Program structure

The Master of Actuarial Science consists of 16 subjects – 8 compulsory core subjects and 8 elective subjects.

Master of Actuarial Science Course Plan

Mathematics of Finance 1

Life Insurance Models 1

Elective 1 Elective 2 Mathematics of Finance 2

Life Insurance Models 2

Elective 3 Elective 4

Mathematics of Finance 3

Insurance Risk Models

Elective 5 Elective 6 Life Contingencies

Statistical Techniques in Insurance

Elective 7 Elective 8


The Master of Actuarial Science provides non-actuarial graduates who have mathematical or statistical specialisations (e.g. mathematics, physics or engineering) with the skills required for immediate transition into the actuarial workplace as a trainee actuary.


Graduates of the Master of Actuarial Science who have performed at a sufficiently high level will be eligible for exemption from all of the subjects comprising Part 1 of the professional requirements of the Actuaries Institute.

Who is it for?

The Master of Actuarial Science is designed to provide non-actuarial graduates with their initial education in actuarial studies and thus the skills necessary for their immediate transition into the actuarial workplace as a trainee actuary.

career outcomes> Actuary

master of aCtuariaL sCieNCe CRICoS CodE: 070382A

course details

Master of Actuarial Science: 2 years full-time or 4 years part-time

Postgraduate Diploma in Actuarial Science: 1 year full-time or 2 years part-time

Entry in Semester 1 only (no mid-year intake)

Parkville campus


> An undergraduate degree in any discipline with the equivalent of a major in mathematically based subjects (eg. mathematics, physics, or engineering)

> Results of the Graduate Record Examination (GRE) unless the applicant has met one of the approved conditions for a GRE exemption.



fees

Master of Actuarial Science:


Local student (CSP): $1,178 per 12.5 credit point subject



Postgraduate Diploma in Actuarial Science:






postGraduate dipLoma iN aCtuariaL sCieNCe CRICoS CodE: 070383M

The Postgraduate Diploma in Actuarial Science provides graduates who have a bachelor’s degree including a strong mathematical component with a one-year degree that provides a pathway to a professional actuarial career. The course is also open to graduates who have completed some Part I professional exams. Postgraduate Diploma graduates will be well placed to enter the actuarial profession. Students of the Postgraduate Diploma can apply to transfer to the Master of Actuarial Science if they wish to gain the additional benefits offered by the 2-year degree.

The Postgraduate Diploma in Actuarial Science is 8 subjects in duration, and will normally be completed in one year of full-time study or two years part-time.

The entry requirements for the Postgraduate Diploma are the same as those for the Master of Actuarial Science.

Actuarial Studies is a discipline well-known for its quantitative aspects and mathematical rigour, and a graduate qualification in this area can offer real competitive advantages in today’s financial services industry. An actuary’s work is based upon a multi-disciplinary background of mathematics, statistics, demography, finance and economics.


eCoNomiCsEconomics students at the GSBE reap the benefits of studying with a leading economics department in Australia. Subjects are taught by some of the world’s best economists, scholars whose research places them at the forefront of their discipline and who regularly advise government and international agencies. The Department of Economics has several dedicated research units attracting local and overseas academics, and continually pushes the boundaries of knowledge in the fields of economics and econometrics. The Faculty is also home to the Melbourne Institute – Australia’s leading and longest standing research institute in the field of economics.

head of dePartment

David Dickson is Professor and Head of the Department of Economics at the University of Melbourne. David joined the Department of Economics’ Centre for Actuarial Studies in 1993, was promoted to Associate Professor in 1997 and appointed to the Chair of Actuarial Studies in March 2000. He has a PhD from Heriot-Watt University, Edinburgh. David has been a Fellow of the Faculty of Actuaries (Scotland) since 1987 and a Fellow of the Institute of Actuaries of Australia since 1996. He is also Adjunct Professor in the Department of Statistics and Actuarial Science, University of Waterloo, an Associate Editor of Insurance: Mathematics & Economics of Annals of Actuarial Science, a member of the Editorial Board of North American Actuarial Journal, and an Editor of ASTIN Bulletin.


Program structure

The Master of Economics consists of 4 core economics subjects, 2 quantitative subjects, 8 elective subjects and the (double subject) Research Report.

Master of economics Course outline

Advanced Microeconomics

Advanced Macroeconomics

Econometric Techniques

Elective 1 Elective 2 Elective 3 Elective 4 Elective 5

Microeconomics Macroeconomics Advanced Econometric Techniques

Research Report

Elective 6 Elective 7 Elective 8 Research Report


The Master of Economics is a two year degree in advanced studies in economics and econometrics. It provides training in critically reading the literature and experience in undertaking independent research. The course is ideal for those who wish to acquire the skills needed to practice as a professional economist in the public or private sectors. The course also provides a foundation to undertake further study at the PhD level.

Who is it for?

The Master of Economics is designed for students with prior training in economics or a cognate discipline with a strong analytical/mathematical component, who wish to acquire the advanced skills needed to practice as a professional economist in the public or private sectors. The course is also an appropriate foundation for further PhD study.

career outcomes> Econometrician

> Economist

> Market Analyst

> Political Adviser

> Research Analyst

> Researcher

master of eCoNomiCs CRICoS CodE: 065396d

course details

Master of Economics: 2 years full-time or 4 years part-time

Postgraduate Diploma in Economics: 1 year full-time or 2 years part-time

Entry in Semester 1 only (no mid-year intake)

Parkville campus


> An undergraduate or postgraduate degree with a strong analytical or mathematical component and with at least H2A (75%) average

> Statement of intent in seeking entry



fees

Master of economics:





Postgraduate Diploma in economics:






postGraduate dipLoma iN eCoNomiCs CRICoS CodE: 002130G

Offers flexibility to students seeking a shorter graduate qualification in economics. Graduates should acquire and be able to apply the skills of a professional economist at an honours level.

The Postgraduate Diploma is 8 subjects in duration, and will normally be completed in 1 year full-time or 2 years part-time.

The entry requirements for the Postgraduate Diploma are the same as those for the Master of Economics.

Economics provides skills in problem solving for business and government. It examines ways to understand what happens in markets, the performance of national economies and approaches for analysing and interpreting data. Ultimately, economics facilitates better decision making about the myriad of problems you will confront in the commercial world or in government.


fiNaNCeFinance courses at the GSBE are developed and taught by academics from the Department of Finance, one of few Australian university departments exclusively committed to this discipline. The Department is internationally recognised for its world-class research, research training, and undergraduate and postgraduate education in the discipline. The global relevance of its curriculum is evidenced by its program partnership with the CFA Institute (www.cfainstitute.org). In addition to a solid grounding in finance theory, students can gain practical knowledge from industry professionals engaged by the department to teach in selected subjects.

head of dePartment

Dr. John Handley is an Associate Professor of Finance at the University of Melbourne and teaches in various corporate finance, investment and derivatives subjects at both undergraduate and postgraduate levels. John’s research interest is in corporate finance, derivative security pricing and corporate finance applications of derivative security pricing including: the design of financial securities, cost of capital, valuation and real options. He has published in leading domestic and international journals including Accounting and Finance, Australian Journal of Management, Economic Record, Journal of Financial Economics, Journal of Financial Engineering, Journal of Futures Markets, Review of Derivatives Research and the Harvard Business School Case Collection. He has presented papers at various domestic and international finance conferences and provided expert advice to a range of corporates, government and professional bodies. Prior to joining the University of Melbourne, John spent five years in the corporate finance team of an international investment bank. John has also been a Visiting Associate Professor of Finance at NYU Stern during summer 2008, fall 2009 and summer/fall 2011.


Program structure

The Master of Commerce (Finance) consists of two core finance subjects, one quantitative subject, three elective subjects and the (double subject) Research Report.

Master of Commerce (Finance) Course outline

Foundations of Finance

Finance Thesis Workshop

Quantitative subject

Finance Research Report

Finance Research Report

Elective 1 Elective 2 Elective 3


The Master of Commerce (Finance) offers high-level academic training in finance and aims to advance undergraduate finance skills; provide a solid understanding of first principles in finance theory; and to facilitate the application of financial theory to enable students to read and think critically and creatively about financial issues. This course also provides an appropriate foundation program for students intending to proceed to the PhD program in Finance

Who is it for?

This course is designed for those with demonstrated finance skills who wish to deepen their knowledge and understanding of the many advanced aspects of finance. This course is also appropriate for students intending to undertake a PhD in finance.

career outcomes> Banker

> Business Manager

> Company Secretary

> Finance Manager



master of CommerCe (fiNaNCe) CRICoS CodE: 009683F

course details

1 year full-time or 2 years part-time


Parkville campus


> A four year undergraduate degree with a specialisation in Finance or a Postgraduate Diploma in Finance, or equivalent, with at least H2A (75%) average in the honours specialisation or the Postgraduate Diploma;


> Performance on the GMAT or GRE. An applicant who has written the GMAT exam must achieve a minimum score of 42 on the Quantitative section, 31 on the Verbal section and 5 on the Analytical Writing section. An applicant who has written the GRE exam must achieve a minimum

score of 153 on the Quantitative section, 152 on the Verbal section and 4 on the Analytical Writing section, or equivalent scores under the scale used on the GRE exam prior to August 2011


fees






Financial markets, products and practices are fast-evolving, posing challenges for practitioners who must keep pace with increasingly complex products. Finance programs at the GSBE have been designed to prepare students for these professional demands by blending the best of academic knowledge and professional practice.


course details

2 years full-time or 4 years part-time+


Parkville campus


> An undergraduate degree or equivalent in a relevant discipline, with some studies in finance

> Performance on the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) unless the applicant has met one of the approved conditions for GMAT or GRE exemption.



fees

Course is 200 credit points in length



Postgraduate Diploma in Finance





*minimum entry requirements do not guarantee entry. See page 48 for more information+ part-time students should note that most subjects are offered only during normal business hours.

master of fiNaNCe CRICoS CodE: 065397C

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, knowledge of derivative assets and the operation of the markets in these assets, as well as various specialised aspects of the finance industry and the appropriate skills for analysing and interpreting developments in financial practice.

Who is it for?

This course is open to those interested in working in the finance industry who have studied some finance in their undergraduate degree.

career outcomes

Graduates of this course should have the capacity to work in professional practice by applying the specialist financial knowledge that the course aims to provide.

Job titles may include:

> Banker

> Finance Broker

> Financial Planner

> Investment Adviser



Program structure

The Master of Finance consists of 10 core subjects and 75 points worth of elective subjects.

Master of Finance Course outline

Quantitative Analysis of Finance 1

Derivative Securities

Financial Markets and Instruments

Elective Accounting for Decision Making

Economics of Finance

Elective Elective

Quantitative Analysis of Finance 2

Mergers and Value Enhancing Strategies

Case Studies in Finance

Elective International Business Finance

Strategy Capstone

Elective Elective

Examples of finance studies include at a minimum the equivalent of these University of Melbourne undergraduate finance subjects:

> Business Finance

> Investments

> Corporate Finance

For descriptions of the content covered by these subjects visit: http://handbook.unimelb.edu.au


professioNaL reCoGNitioNpostGraduate dipLoma iN fiNaNCe CRICoS CodE: 002129M

The Postgraduate Diploma in Finance comprises the first year of the Master of Finance. It offers flexibility to students seeking a shorter graduate qualification in finance. Students of the Postgraduate Diploma can apply to transfer to the Master of Finance if they wish to gain the additional benefits offered by the two-year degree.

The Postgraduate 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.

andreW leWinsky (australia)

“My course has given me a greater understanding of the various pathways for Masters

graduates in business, as well as improved my confidence and self awareness. I really enjoy

the collaborative nature of the learning here as well as the

large range of electives”

Andrew is studying the Postgraduate Diploma in

Finance. After completing his Bachelor of Commerce at the University of Melbourne

and working in Business Advisory Services at Deloitte

Private, he chose to study at the GSBE part-time to further develop his skills

in finance.

cfa Program PartnershiP

In 2009, the University of Melbourne became 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 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.

Recognition as a CFA Program Partner signals to students, employers and the marketplace that the university curriculum is closely tied to professional practice and is well suited to preparing students to sit for the CFA exams.

As part of the partnership, students in the partner programs are eligible for scholarships, access to CFA Institute curriculums, journals, webcasts, and other educational resources. Each student will also have access to a specially prepared online Level I sample exam.

cPa Program recognition

CPA program graduates who enrol in the Master of Finance can receive credit for one of the following subjects:


> Financial Statement Analysis

maNaGemeNt aNd marketiNGManagement and Marketing courses at the GSBE are designed and taught by the Department of Management and Marketing. Academic staff in the Department are known for their top-tier research and high-quality teaching performance. Many of the staff within the Department consult to businesses, government and other organisations.

head of dePartment

Professor Graham Sewell is Head of the Department of Management and Marketing. He holds a PhD from the University of Wales and is an expert on individual and organisational performance measurement, strategy development, and research methods. Graham has held appointments at Imperial College, London and the Manchester School of Management, as well as visiting appointments at the University of California Berkeley, the University of California Santa Cruz, and the University of South Florida.

He has worked with QANTAS, BHP-Billiton, and British Telecom and is currently working on a large scale project investigating organisational agility with PriceWaterhouseCoopers. As well as his extensive work for academic journals, Graham has published in the Financial Times, the Times of London, The Australian Financial Review, and provided expert commentary for the BBC, the ABC, and numerous commercial broadcasters.



This course provides business/commerce graduates with advanced level studies in management. Students have the option to take one of three, pathways: Consulting; Academic (research) or Coursework. Students who undertake the Academic pathway will be required to undertake the academic thesis over two semesters.

Who is it for?

The course is designed for students with a degree in business/commerce who may be interested in progressing into the PhD program or pursuing a career in consulting, market research or strategy.

career outcomes


> Consultant

> Management Consultant

> Strategic Manager



Program structure


master of CommerCe (maNaGemeNt) CRICoS CodE: CRICoS: 075103F

course details

18 months full-time or 3 years part-time.


Parkville campus







fees







Business/ Commerce undergraduate Degree

MCom (Management) Semester 1

– Intensive Coursework



– Research Report


– Coursework– Industry

Project– Research

Report*

Students who have completed the Research Report will be eligible for entry into the Phd program

exit with Postgraduate Diploma

exit with MCom (Management)

*Students must enrol in the Research Report in two consecutive semesters.

Management and Marketing encompasses specialised areas including communication and customer strategy, human resource management, international business, marketing management, operations management and managing businesses and organisations. At the GSBE, these disciplines are taught by some of the finest Australian and international academics acclaimed for their innovative teaching and engaging subject matter.


The Master of Commerce (Marketing) provides business/commerce graduates with advanced level studies in management and marketing. The course provides students with the option to take one of three, semester long pathways: Consulting; Academic (research) or Coursework. Students who undertake the Academic pathway will be required to take the academic thesis over two semesters.

Who is it for?

The Master of Commerce (Marketing) is designed for students with a degree in business/commerce who may be interested in progressing into the PhD program or pursuing a career in consulting, market research or strategy.

career outcomes


> Marketing, Advertising or Brand Manager

> Consultant

> Market Analyst


> Public Relations Officer

Program structure


master of CommerCe (marketiNG) CRICoS CodE: CRICoS: 075103F

course details



Parkville campus







fees







Business/ Commerce undergraduate Degree

MCom (Marketing) Semester 1




– Research Report


– Coursework– Industry

Project– Research

Report*

Students who have completed the Research Report will be eligible for entry into the Phd program

exit with Postgraduate Diploma

exit with MCom (Marketing)

*Students must enrol in the Research Report in two consecutive semesters.


course details



Parkville campus


> An undergraduate degree in any discipline, or equivalent;




fees






master of iNterNatioNaL BusiNess CRICoS CodE: 054184G

The Master of International Business provides students with wide-ranging skills that will enhance their effectiveness as managers working in international business. It provides a solid grounding in the foundations of management and strategic thinking, relative to international and global market operations, and an understanding of how operating across borders impacts on functional areas (such as marketing, accounting, finance and HRM).

This course also develops awareness of policies governing the world trade and investment system, and emphasises the Asia-Pacific region.

Who is it for?

This course is for graduates from any discipline who wish to establish a management career in international business, and who aim to develop an awareness of the policies governing the world trade and investment system.

career outcomes

Graduates of this course may find employment as Managers of:

> Community Development

> International Relations

> Operations

> Sales and Marketing

> Supply Relationships

Program structure

The Master of International Business comprises 4 foundation subjects, 5 core subjects and 3 elective subjects over three semesters full-time or six semesters part-time.

Master of international Business Course outline

Year 1

Business Analysis and Decision Making

Cross Cultural Management and Teamwork

Cooperation and Conflict in World Trade


Asian Business and Management

Managing the Multinational

International Human Resource Management

Global Corporate Governance

Year 2

Elective 1 Elective 2 Elective 3 Global Corporate Strategy

aPhrodite Vlahos (australia)

“I felt the Master of International Business would lend me a broad understanding of the fundamental aspects of business, while giving me the skills required to be successful in a multitude of corporate environments. The MIB is flexible to individual needs and interests. I like that I am able to tailor my studies to aspects of business which I find interesting and challenging.”

Aphrodite is studying the Master of International Business. She previously studied a Bachelor of Arts at the University of Melbourne and is involved with on-campus club Student Entrepreneurs.



lauren Zoric (australia)

“Grappling with business and marketing issues in class that are taken from real life examples instills confidence – you are able to use your own work experience to consolidate the knowledge gained from weekly readings and class discussions. Being able to identify and have confidence talking about theories and methodologies, as then apply them practically to real world issues and problems is so useful. I have a greater overview of marketing ideas, which complements the pragmatic experience I have had in my working life.”

Lauren is studying the Graduate Certificate in Communication and Customer Strategy. She combines her part-time study with her work as a self-employed publicist and marketing consultant working for arts and music festivals as well as film and music industry clients, such as Melbourne International Arts Festival, Melbourne International Film Festival, The Falls Festival and Fox Searchlight Pictures.

Graduate CertifiCate iN CommuNiCatioN aNd Customer strateGy

This course builds skills in communicating key business, brand and product messages to both internal and external audiences. Buyer behaviour, customer loyalty and customer satisfaction are explored, as well as the development of strategies to best reach target markets and segments.

Program structure

The Graduate Certificate in Communication and Customer Strategy is offered on a part-time basis only. It comprises 1 core subject and 3 electives and will normally be completed in one year of part-time study.+

Graduate Certificate in Communication and Customer Strategy Course outline

Core subject: Consumer Behaviour

Elective: Product Management

Elective: Advertising

Elective: Public Relations Management


Who is it for?

This course is for those looking to develop abilities in communication and consumer strategies or who are working in the marketing field but have not completed any formal study in the area.

career outcomes:


> Communications Manager

> Advertising Account Executive

> Marketing Officer

> Brand Manager

course details

1 or 2 years part-time (available on a part-time basis only)+


Parkville campus


> An undergraduate degree in any discipline or equivalent

> The applicant’s submitted state-ment of intent in seeking entry

fees





+Note: international students must undertake graduate study on a full-time basis if in Australia on a student visa. This course is therefore not available to international students.


Graduate CertifiCate iN marketiNG maNaGemeNt

The Graduate Certificate in Marketing Management provides a unique and practical approach to managing the marketing function in organisations. Key issues related to marketing management are addressed including development of marketing plans and strategies and competitive positioning of offerings.

Program structure

The Graduate Certificate in Marketing Management is offered on a part-time basis only. It comprises 1 core subject and 3 electives and will normally be completed in one year of part-time study.+

Graduate Certificate in Marketing Management Course outline

Core subject: Marketing Management

Elective: Marketing Channels

Elective: Marketing Strategy

Elective: Brand Management


Who is it for?

This course is for those who wish to develop knowledge/capacity/exposure to marketing management or who are working in the marketing field but have not completed any formal study in the area.

career outcomes:


> Marketing Manager

> Brand Manager

> Advertising Account Executive

> Communications Officer

course details

1 or 2 years part-time (available on a part-time basis only)+

Entry in either Semester 1 and 2

Parkville campus


> An undergraduate degree in any discipline or equivalent

> The applicant’s submitted state-ment of intent in seeking entry

fees





+Note: international students must undertake graduate study on a full-time basis if in Australia on a student visa. This course is therefore not available to international students.


The GSBE offers study opportunities to students seeking research training at either the PhD or a Masters level. Our research students are highly integrated into the home department of their field of study and work under the expert and attentive supervision of our academic staff. Graduates from our research programs receive world class instruction and have gone on to highly successful academic and professional careers around the globe.

The PhD is available across all our major disciplines:

> Actuarial Studies

> Accounting

> Applied Economic and Social research

> Economics

> Finance

> Management

> Marketing

The four-year doctoral program offered in the field of Economics is acknowledged as international best practice and the first of its kind in Australia.

Further information on our research strengths and offering is available at gsbe.unimelb.edu.au

transitioning to research from a coursework program

The following GSBE coursework programs comprise an optional research component, enabling students to develop advanced skills in independent and sustained research:

> Master of Commerce (Finance) – page 29

> Master of Economics – page 27

> Master of Commerce (Management) – page 33

> Master of Commerce (Marketing) – page 34

> Master of Accounting – page 19

The research component of these degrees may be in the form of an extensive research report or thesis which subject to approval can serve as an appropriate pathway into a PhD or Masters by Research program.

Graduate researCh deGrees at the GsBe

marie adrienne gillardeau (france)

“My course offers an interdisciplinary perspective and great flexibility. You navigate between economic theory and applied problem sets all along the course, and learn how to connect the academic literature to practical issues in your industry. I chose this course in order to be best prepared for a PhD in Environmental Economics.”

Marie Adrienne is studying the Master of Economics as a pathway towards a PhD, and is a recipient of the A.G Whitlam International Graduate Scholarship.

With a vibrant community of around 100 research candidates we have one of the most active PhD programs in Australia.


The Graduate School of Business and Economics (GSBE) offers executive education programs designed for experienced professionals. These include 2-day Open Programs, Specialist Certificates and Masters-level degrees.

The interactive format and high-level participation of these intensive courses encourages an active exchange of ideas and sharing of best practice across industries.

The GSBE’s executive education facilitators are at the very forefront of contemporary business thinking. Executive education courses apply business theory to the participant’s own organisation, allowing them to create immediate, relevant business strategies.

All executive education degrees and certificates are studied in a part-time, intensive mode.

exeCutive eduCatioN deGreesThe GSBE’s executive education degrees are designed for individuals with 10 or more years of professional experience, currently working in middle to senior management positions.

The limited intake of up to 25 participants per year allows participants to develop valuable relationships with their fellow students from a wide variety of industries and sectors.

Each subject makes extensive use of “real life” case studies and participants conduct applied field studies in each subject, creating immediate value to themselves and their organisation.

master of supply chain managementThis innovative program draws on industry expertise, emphasising a strategic approach to Supply Chain Management. The program focuses on global best practice and links supply chain with general management.

The course is designed for current and future managers and leaders working in supply chain management or related functions from a variety of sectors. It has been accredited to

MCIPS standard with The Chartered Institute of Purchasing & Supply. Following completion of the course and three years relevant work experience, graduates will be eligible to apply for MCIPS.

master of enterprise (executive)The ultimate objective of the Master of Enterprise (Executive) is to create skilled leaders, executives and general managers who can drive their organisations forward. This innovative degree provides advanced knowledge in the eight core subject areas required by leaders in the modern organisation.

specialist certificates

Combine several 2-day intensive Open Programs into an accredited qualification:

> Specialist Certificate in Executive Leadership

> Specialist Certificate in Strategic Marketing

exeCutive eduCatioN at the GsBe

mark haWkins, master of enterPrise (eXecutiVe)

“I recently found myself faced with a very difficult and complex strategic decision to make, which would have significant ramifications for the company. Before I did the Master of Enterprise, I would never have coped so well with the challenges I faced. However, I used the methods I had learnt to create models and ‘see’ the outcomes of my decision options. It was wonderful to have so much clarity in my thinking. In the end, the decision almost made itself.

The process was as valuable as the outcome. Going through the process forced me to ask many questions that I might never have asked; it forced me to think about things in ways in which I may never have thought. Upon reflection, it is actually amazing to me, how much I called on the skills and information I had gained from the Master of Enterprise course. Thank you to all of the professors who were such terrific teachers in what was an incredible and invaluable program.”

Mark Hawkins is the CEO of Australian Media Group. He completed the Master of Enterprise (Executive) in 2011.

applications and further information

For further information or to apply for these programs please visit: www.gsbe.unimelb.edu.au/execed


Careers at the GsBe

chris lePtos am

Partner, KPMG, BCom (1980), MBA (1990), Member of the FBE Board and Co-Chair of the Alumni Council

“KPMG is always recruiting and is always looking for people with the ‘X factor’. Good academic results are expected. But the person who stands out from the crowd has usually demonstrated some connection with the broader community, such as volunteering, or leadership roles in student organisations, or active participation in sporting clubs or even part-time work.”

According to Graduate Careers Australia, the 2011 median salary for Masters coursework graduates in the field of business studies was $90,000. This compares with a median salary for all fields of education of $72,0001. The most frequently reported occupations were:

> Specialist Managers

> Business, Human Resource and Marketing Professionals

> Chief Executives, General Managers and Legislators

1 Figures are in $AUD Graduate Careers Australia website 2011.

One of the most important decisions in considering postgraduate study is the likely impact of study on your chosen career. GSBE graduates are highly employable, with strong technical capabilities and the capacity to apply their knowledge to real-world challenges.

We provide a range of opportunities to help you develop skills and attributes highly valued by employers:

Skills, attributes and experiences listed above are among those most desired by employers as per the Graduate Careers Australia website 2012.

Our dedicated Business & Economics Careers Centre offers many programs to enable you to further develop your skills, network and make contact with employers. Services include advice in CV and interview techniques, career consultations, career mentoring program and internships.

Interpersonal and communication skills

Graduate Careers Program

Peer mentoring and collaborative teaching

Student exchange

Industry knowledge and networks

Professional membership opportunities

Career Mentoring Program

Guest speakers

Critical reasoning, analytical and technical skills

Rigourous, research-led curriculum

Discipline specific libraries

Case competitions

High calibre academic results

Nobel prize winning scholars and researchers

High performing peers

A world leading university

Work experience Global Business Practicums

Melbourne/ Regional Business Practicum

Internships

Leadership skills Peer Assisted Study

GSBE Leadership Award

Graduate Ambassador Team

Volunteer opportunities

Student Host Program

GSBE Student Association

Clubs and societies

empL

oym

eNt


Graduate outComesGSBE graduates work in a number of roles across the corporate, public and not-for-profit sectors. Within the Australian companies that are listed in the top 500 global companies we have graduates working in or serving on the boards of BHP Billiton, Woolworths, Wesfarmers, Commonwealth Bank of Australia, National Australia Bank, Westpac Banking, ANZ Bank and Telstra. This means representation in all eight of the listed Australian Global 500 Companies.

We have representatives in 14 of the top 20 global countries including Royal Dutch Shell, Exxon Mobil, BP, Toyota Motor, AXA, Chevron, ING Group, General Electric, Total, Bank of America, Volkswagen, ConocoPhillips, BNP Parabis and Allianz.

Graduates are in high demand both in Australia and overseas. in 2011, 81%* of the graduates were in full-time employment within 4 months of completing their degrees.

POSTGRADUATE DESTINATIONS 2011

*Australian citizens and permanent residents.

DiSCiPliNe eMPloyer PoSitioN

Accounting Master of Accounting

Accru Danby Bland Provan Graduate Accountant – Audit

Alpine Australia Graduate Accountant

Austin Health Accountant (General)

Capital Equity Legal Group (CHN) Accountant (General)

Deloitte (CHN) External Auditor

GA Partners Accountant

KPMG Manager

Motorola Mobility Inc (CHN) Management Accountant

PricewaterhouseCoopers Graduate Program

Solutions 2 Superannuation Administration

Graduate Certificate in Business Forensics

Hayes Knight Accountants & Business Advisory Graduate Tax Accountant

Australian Securities and Investments Commission Organisation and Methods Analyst

Department of Transport and Regional Services (CTH) Economist

Master of Management (Accounting)

Amdocs Australia Pty Ltd General Clerk

Chinese Bureau (CHN) Office Manager

Davinci Food General Clerk

Deloitte Graduate – Corporate Reorganisation Group

Deloitte Singapore External Auditor

Ernst & Young Internal Auditor

KPMG (Australia) Accountant (General)

KS Accountancy Taxation Accountant

Obena Falls Internal Auditor

Origin Graduate

ANZ Graduate Program

Deloitte Graduate Program

Filippo Accountant

Selectus Salary Packaging FBT Project Assistant

Actuarial Science

Postgraduate diploma in Actuarial Studies

Bain Graduate Consultant

Territory Insurance Office Actuary

Finity Graduate Consultant

Towers Watson Australia Actuary

economics Graduate diploma in Economics

KPMG Singapore Tax Associate

Department of Treasury and Finance (VIC) Economist

Downer Edi Limited Engineering Professionals

Graham Bull and Associates ICT Managers

Municipal Association of Victoria Policy and Planning Manager

Master of Economics

Department of Agriculture, Fisheries and Forestry (CTH) Information and Organisation Professionals

Productivity Commission Economist

Reserve Bank of Australia Economist


DiSCiPliNe eMPloyer PoSitioN

Finance Master of Finance

Akojaya SDN BHD (MYS) Accounts Clerk

Bank for Investment and Development of Vietnam (VNM)

Commodities Trader

Cambodian National Petroleum Authority (KHM) Organisation and Methods Analyst

Carrick Institute Information and Organisation Professionals

KPMG (Australia) External Auditor, Internal Auditor

New Century 2001 Bank Worker

PING AN Group (CHN) Information and Organisation Professionals

University of Melbourne Financial Dealers

Jardines Matheson China Management Trainee

RBS Morgans Analyst – Oil & Gas sector

Victorian Mortgage Group Reconciliation

Master of Management (Finance)

Cheung Kong (Holdings) Limited (HKG) Accounts Clerk

National Australia Bank Actuary

PT Pandulima Jaya Teknik (IDN) Internal Auditor

Filippo Accountant

NAB Graduate Program

Queensland State Government Graduate Finance Officer

Master of Commerce (Finance)

ANZ Grad Position , Debt Capital Market Team

Deutsche Bank, Hong Kong Graduate

KPMG Thailand Advisory Consultant

NAB Analyst – Investment Structure & Valuation

Post Graduate diploma in Finance

IBIS World Economic analyst

Tan Lee Management Accounts Clerk

Human resources

Master of Management (human Resources)

Enerflex (WA) Total HR Coordinator

The University of Melbourne – BCAD HR Officer

Management Graduate Certificate in Management

University of Melbourne (Arch Bldg plan) Professionals

University of Melbourne Capstone Studies Coordinator

Graduate diploma in Management

Creative Business Group Human Resource Manager

Greenside Partners Landscape Architect

Master of Management

Ernst & Young Management Consultant

Marketing Master of Management (Marketing)

Akojaya SDN BHD (MYS) Resident Medical Officer

Mercer Human Resource Consulting Pty Ltd Organisation and Methods Analyst

EAB Group Online Marketing Specialist

P&G, Singapore Grad Program

international Business

Master of International Business

Affero (Brazil) Marketing Manager

Ariba (BHP Procurement) Associate

Biokaiser Petronius Area manager, S.Asia, Middle East business developer

Biokaiser Petronius/Latin America Area manager, business developer

Charter Mason Private Equity Analyst

Citizen O Founding Partner

Fedex (Singapore) Financial Analyst

GE Money Portfolio Analyst

IG Markets Financial Dealer

Australian Securities and Investment Comm. Treasury Investigator

BP Indonesia Resourcing Advisor

BSI (Business Strategies International) Consultant


Practicums We offer our students a unique suite of programs which sets us apart from other Australian business schools: the Global Business Practicum (GBP), the Melbourne Business Practicum (MBP) and the Volunteer Business Practicum (VBP). In teams, students are assigned to a host company to undertake a real business project, experiencing culture, society and real-life business practices first hand whilst applying their academic skills. GBP destinations include Singapore, Shanghai, Mumbai and Kuala Lumpur and organisations who have participated in the practicums include Cadbury, KPMG, Kraft, Committee for Melbourne, NAB and various not-for-profit organisations in rural and regional Australia.

internshipsInternships are offered at a variety of organisations and industry sectors. Each internship is formulated to provide students with valuable experience, introducing challenges and opportunities faced in the working world. Depending on the needs and resources of the employing organisation, internships can last varying lengths of time, are paid at least a minimum wage, and may lead to continuing work.

Volunteering Students can apply during any time of their graduate studies for casual volunteer opportunities, which involve un-paid volunteer activity with a not-for-profit organisation. Students engage in a supportive role, undertaking professionally relevant, complimentary or enhancing tasks to assist in the running of the organisation. Non-Government Organisations (NGOs) such as World Vision, Brotherhood of St Laurence and the Salvation Army host volunteer programs. Employers favourably view applicants who can demonstrate contribution of their skills to socially supportive organisations. For international students, it is an excellent way to improve communication skills, interact and build networks in the Australian community.

jacqueline Wong (hong kong)

“Knowing that Australian employers are looking for all-rounders, I strived to balance my academic studies with

extra-curricular activities, such as piano and student clubs. The University also has strong relationships

with employers. Together with the Careers Centre, this makes it easier for us graduates to seek employment”

Jacqueline studied the Master of Finance and is currently an Institutional Banking Graduate at ANZ, where she is responsible for analysing the financials of institutional

clients and studying client industry prospects.

fei Zhu (china)

“The Business Practicum is a very unique part of the GSBE. It is an eye-opening opportunity. I got the chance to meet industry professionals, learn about local business cultures, apply knowledge to solving a real business case, and gain some working experience. The Career Mentoring Program was also really helpful. My mentor works in the banking industry, and he gave me many tips in job seeking and career planning.”

Fei is studying the Master of Management (Finance). She has participated in the MBP, a for-credit subject which involved working on a real-life project at Ernst & Young. She has also been heavily involved in extra-curricular activities, including the GSBE SA, and has been a student host and member of the Graduate Ambassador Team.

iNdustry eNGaGemeNt

the university of Melbourne was ranked 4th globally in the QS employer reputation index 2010-2011, which surveys employers on quality of graduates.

The GSBE offers a range of opportunities for our students to gain ‘out of the classroom’ participation and practical experience. Activities can be undertaken locally, nationally or internationally and the knowledge and skills complement students’ course of study. Opportunities include:


studeNt Life at the GsBe

At the GSBE we offer a comprehensive program to support your learning, develop your skills and enrich your degree. We encourage you to be involved both on and off campus and to make the most of your time outside the classroom.

samantha fossey – master of management (marketing) australia

Paul siwawej – master of management (finance) thailand

Semester One

Pre-Semester Program

Initial Career Interview

Career Mentoring Program

Graduate Enrichment Program

Semester Two

Internship at Slater & Gordon (organised through the Careers Centre)

Melbourne Business Practicum

Semester Three

Graduate Ambassador Team

Graduate Peer Mentoring Program


Employment

Marketing & Communications Assistant

Semester One

AIM Academic Skills, Information Literacy, and Mathematics and Statistics

Pre-Semester Program

Initial Career Interview

PASSI Participant (Peer Assisted Study Skills Program)

Graduate Enrichment Program

Semester Two

GSBE Student Association Strategy Presentation Challenge

‘FBE for Japan’ Fundraiser


Semester Three

Global Business Practicum

Companies from the Inside

GSBE Student Association Supporting Committee Member

Leadership Award Mentee

Student Host

Semester Four

Completion of Leadership Award

CV Review

Employment

Queensland Government Graduate Program


outside the classroom > Student Exchange

> Student Host Program

> Student Association

> Mentoring Programs

> Teaching and Learning support

> Professional memberships

> Seminars by industry speakers

> Networking events

> Pre-semester program

gsbe leadership awardThe GSBE provides a wide range of co-curricular activities designed to assist students to enhance and demonstrate the skills and attributes that employers are looking for. The GSBE Leadership Award provides students with a structured pathway for obtaining these skills. By participating in the Leadership Award students will have access to exclusive skill development workshops and be required to initiate, lead and implement a Leadership Award Project. The achievement of the GSBE Leadership Award is formally acknowledged on the student’s academic transcript, enabling employers to easily recognise students who have committed to enhancing their employability skills whilst studying at the GSBE.

student clubs Find out more about getting involved, volunteering, gaining new skills and making new friends during your time at the GSBE. Student groups you can be involved with include:

> Graduate School of Business and Economics (GSBE) Student Association www.gsbesa.org

> AIESEC www.aiesec.org/australia

> Student Entrepreneurs, Agents of Change www.agentsofchange.org.au

> Financial Management Association of Australia (FMAA) www.fmaa.com.au

> Graduate Student Association (GSA) www.gsa.unimelb.edu.au

> Graduate Consulting Group www.gcg.org.au

> University of Melbourne Marketing Association (UMMA)

> Students in Free Enterprise (SIFE) www.unimelbsife.org.au

our studentsTotal students 1482

Coursework students 1397

Masters by Research and PhD 85

Average Age 25

Female 58%

Male 42%

Local 510

International 972

Figures are based on Semester 1, 2012 enrolment data.

exchange and Partner institutionsDestinations for outbound exchange students in 2012 included:

> Manchester Business School, UK

> Rutgers, The State University of New Jersey, USA

> HEC School of Management, Paris, France

> Boston College, USA

> Bocconi University, Milan, Italy

> Erasmus University Rotterdam, Netherlands

“An exchange abroad has been an undeniably rewarding experience. Without trying to sound clichéd I have ‘broadened my horizons’ academically, professionally and socially. Upon return I believe the experience enhanced my employability and was highlighted in my introduction as I started recently with a local organisation. Most importantly the exchange allowed me to create an international network of friends for which I will be ever grateful to the city of Milan for acting as the perfect backdrop to let these friendships blossom.”

Alannah O’Kane was a Master of Management student who went on exchange to Luigi Bocconi University, Milan

Want to knoW What life is really like as a gsbe student?

Connect with us via social media:

http://www.facebook.com/BusEcoMelb

http://studentlifegsbe. wordpress.com/

http://twitter.com/ GradSchBusEco

http://www.youtube.com/MelbourneFBE

You Tube

W

The City of Melbourne is one of the world’s most harmonious and culturally diverse communities. Melbourne’s official language is English, however more than 100 languages are spoken by the city’s residents.

the City of meLBourNe

festiVals

Melbourne has a festival for everything! We love to celebrate our food, wine, music, books, cycling, the arts, comedy, jazz and films. You can laugh your way through the month of April at the Melbourne International Comedy Festival, spend the cooler days of July and August at the Melbourne International Film Festival and the Melbourne Writers Festival or celebrate spring at the Fringe Festival in September.

easy to get around

Melbourne has a fantastic public transport system that is reliable and easy to navigate. Trams, buses and trains operate throughout the city and its suburbs and can take you from the mountains of the Dandenong Ranges to the beaches of St Kilda.

our cafe culture

Melburnians love food and wine. You can enjoy fine dining or delicious meals on a budget, and sample cuisine from all over the world. We also have a Food and Wine festival to celebrate our love of all things to eat and drink.


josePh lim

“I moved to Melbourne because it felt like home to me. People are always so nice to one another and it is a city where you can always feel safe in whatever you do. There is a lot of fun things to do apart studying and I like to explore many places around here in my spare time. Living here you experience an urban and metropolitan city but at the same time it is a very relaxed atmosphere.”

Joseph is studying the Master of Management (Finance), and is currently the President of the GSBE Student Association. He is originally from Malaysia, and after finishing his undergraduate degree in Biomedical Engineering decided to stay on in Melbourne for graduate studies.

sPorting caPital

Amongst all our artistic and cultural credentials, Melbourne is also undoubtedly Australia’s sporting capital. Across the year the city plays host to major events such as the Australian Open (Asia Pacific’s only Grand Slam tournament), the Formula 1 Grand Prix, and the glamorous Melbourne Cup Carnival. Melbourne is also the birthplace of Australian Rules Football (AFL).


Websites to giVe you a taste of melbourne life

www.broadsheet.com.au/melbourne/

www.au.timeout.com/melbourne/

thethousands.com.au/melbourne/

QuiCk faCts> 31% of Melbourne’s population was

born overseas

> Melbourne was voted the second most liveable city in the world in 2011 by the Economist Intelligence unit

> Melbourne has been recognised as a unESCo City of Literature – we have more bookshops per head of population than anywhere else in Australia and more people borrow books from libraries in Melbourne than in any other Australian city

meLBourNe at a GLaNCePOPulATIOn 4 MIllIOn

ClIMATE TEMPERATE

RAInFAll lOW

MORE InFO AT: WWW.vISITMElbOuRnE.COM

GsBeThe GSBE is located in Carlton, right on the edge of the Melbourne CBd and with ready access to public transport.

our landmark building offers a range of services and facilities, state of the art technology, and the highest standards in learning environments. The building was one of the first Green Star rated education facilities in Australia.

step 1Ensure you meet all the entry requirements for your course. Minimum entry requirements for each course can be found on the respective course page.

Meeting minimum entry requirements does not guarantee entry.

step 2Apply online at: www.gsbe.unimelb.edu.au/apply

International applicants may also apply through one of our international representatives.

To apply online, you will need:

> Completed online application form

> Undergraduate grades and grades for any further study (you may apply even if you are awaiting final results as conditional offers can be given.)

> Your submitted statement of intent in seeking entry

> GMAT /GRE score – unless you qualify for an exemption*

> TOEFL, IELTS or Pearson Test of English score if you completed a degree that was not taught and assessed entirely in English.

> Evidence of work experience (if you are applying for a degree with this requirement.)

step 3Supply original or certified copies of all qualifications – this must include academic transcripts showing all subjects attempted and proof of completion of the degree. If documents are not in English, a certified translation is required.

You can attach your supporting documents to your online application. You will need to have access to scanned copies of your documents to upload them to your application. Please note that scanned versions of certified documents do not meet our verification requirements, but we can commence assessing your application. We require that hard copies of certified documents are received by us before an unconditional offer can be made.

If you are an international student applying through one of our authorised agents, scanned and faxed copies of certified results forwarded by the agent do meet our verification requirements.

If you do not have access to a scanner, you will be able to submit your documents through the post or by fax. If you are mailing your documents, please send certified copies, as originals are not kept and will not be returned.

the appLiCatioN proCess



am i a ‘local’ applicant?Local applicants are Australian citizens and permanent residents, New Zealand citizens and holders of a permanent humanitarian visa.

When should i apply?

freQueNtLy asked QuestioNs – appLiCatioNs aNd admissioNs

* Do all courses require the GMAT/GRE?

The following courses DO NOT require the GMAT/GRE:

> Graduate Certificate in Marketing Management

> Graduate Certificate in Communication and Customer Strategy

> Graduate Certificate in Business Forensics

The GMAT or GRE is mandatory for applicants to the Master of Commerce (Finance) and the Master of Accounting 1.5 year (12 subject) course.

For all other courses, the GMAT/GRE is recommended but not mandatory (ie NOT REQUIRED) if you:

> have completed an undergraduate degree in Australia within 18 months of applying;

OR

> You fit into the ‘humanitarian aid case’ category – ie. you are an applicant who:

– is in receipt of a sponsored scholarship from a humanitarian aid organisation (eg AusAid)

– holds a permanent Humanitarian Visa for Australia

– can demonstrate that humanitarian crisis impacts on your ability to sit the GMAT/GRE (eg, residence in country where there has been a recent critical threat to their health, safety, security or wellbeing 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.

Should I choose the GMAT or the GRE?

If you are required to undertake a test for entry to the Master of Actuarial Science or the Master of Economics then you are required to sit the GRE.

For all other GSBE courses you may choose between sitting the GMAT or the GRE.

Why do we require the GMAT/GRE?

Leading business schools use the GMAT/GRE. The GMAT and GRE help us to make an assessment of your academic potential specific to our courses. They also highlight areas where you may need to strengthen your skills and show us where we can provide you with assistance.

How can I find out more about the GMAT?

Visit www.mba.com for detailed information on the GMAT.

How can I find out more about the GRE?

www.ets.org/gre

What are the english language requirements? The University of Melbourne has a set of English language requirements which all applicants must meet. Applicants can satisfy the English language requirements in a number of ways, such as by undertaking a TOEFL, IELTS or Pearson test, or by having completed a previous degree which was taught and assessed entirely in English.

Minimum scores:

For English language tests, we require documentary evidence of having obtained the minimum scores within the previous 24 months.

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 www.futurestudents.unimelb.edu.au/english-requirements

Semester 1 Application Deadline (Semester 1 2013 commences Feb 26)

international Students

31 October 2012 for entry in semester 1

local Students

30 November 2012 for entry in semester 1

Semester 2 Application Deadline (Semester 2 2013 commences July 23)

international Students

30 April 2013 for entry in semester 2

local students

31 May 2013 for entry in semester 2

We encourage you to apply as early as possible so you can be considered for scholarships and Commonwealth Supported Places (where available) and visas if these are required.


What is a conditional offer?A conditional offer means we are reserving a place for you in a course, pending evidence of a particular result or achievement. (eg an academic result, final transcript, GMAT or language score.)

What should i include in my statement of intent in seeking entry?Your statement should describe your motivation to study. It should emphasise any aspect of your history that may enhance your application, including extra-curricular activity, community involvement, work experience, relevant personal characteristics and any outstanding achievements. Your statement should be no more than 800 words.

my course requires work experience, how should i document this?If you are applying for a course 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.

Who can certify a copy of my academic transcript and other required documentation?When obtaining a certified photocopy, please ensure the following:

> The signature of the person certifying is original

> The person certifying the document must state their title

> There is a statement to say that it is a true copy of the original document

> The certification is dated

> If it is a multi-page document, either each page must be certified or the certification must state the number of pages and each page must be signed by the authority

Common titles of signatories that we accept are:

> University of Melbourne approved Overseas Representative

> Justice of the peace

> Member of the Police Force

> Legally qualified medical practitioner

> Pharmacist

> Manager of a Bank, Building Society or Credit Union

> Marriage Celebrant (civil or religious)

> Barrister, solicitor or a clerk to a barrister or solicitor

can i study part-time?Yes, local students can study part-time. All of our courses are offered on a part-time basis and a large number of our classes are offered in the evenings. Due to visa requirements, international students must study full-time.

What is the delivery mode? Classes at the GSBE are taught on-campus, with a mix of lectures, seminars and tutorials. Selected subjects are also offered in an intensive mode during weekends and over the summer and winter semesters.


Course fees can be found on the relevant course page. Fees are subject to an annual increase and those quoted are indicative only. Course 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.

Indicative total course fees:

fiNaNCiNG your deGree

scholarshipsThe GSBE offers a generous number of scholarships to outstanding commencing local and international students, based on academic merit. Scholarships are available in all courses and are valued at between 25% and 100% tuition fee remission. There is no separate application needed for a scholarship. All course applications received by the relevant application deadline will be automatically considered for a scholarship.

A.G Whitlam Graduate Scholarships

The A.G Whitlam Graduate Scholarships are available to all students, local and international, who apply to a coursework degree. Applicants are automatically considered for the A.G Whitlam Graduate Scholarships and they are awarded based on the same criteria as selection for the course. There are a range of scholarships available which cover 50% to 100% of the course tuition fees for the duration of the course.

Graduate Merit Scholarships

Graduate Merit Scholarships are available to all students, local and international, who apply to a coursework degree. Applicants are automatically considered for the Graduate Merit Scholarships and they are awarded based on the same criteria as selection for the course. The Graduate Merit Scholarships cover 50% of the course tuition fees for the duration of the course.

International Postgraduate Coursework Awards

Available each year to commencing coursework Masters applicants, the International Postgraduate Coursework Awards cover 25% fee remission for the duration of the course. Selection is based on academic merit.

Local Student (CSP)

Local Student (Full Fee)

International Student

150 point (1.5 year) program $14,136 $41,774 $49,874

200 point (2 year) program $18,848 $56,150 $67,044

Read more about the University‘s fee policy at www.futurestudents.unimelb.edu.au/fees

*Please note that International students must undertake study on a full-time basis if in Australia on a student visa.


fee-helPFEE-HELP is a loan program that helps eligible fee paying students (both full and part-time) pay their tuition fees. FEE-HELP is available to Australian citizens and holders of a permanent humanitarian visas.

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 ($93,204 lifetime, indexed).

For more information please visit: http://studyassist.gov.au/sites/StudyAssist/

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, you may be able to use a government loan called HECS-HELP to help pay your remaining student contribution.

Who can apply for a CSP?

CSPs are available to Australian and New Zealand citizens and holders of Australian permanent residency visas.

How much will a CSP alter my course fee?

For a student entitled to a CSP in 2012, the estimated full-time student yearly contribution was $9,425 ($1,178 per 12.5 credit point subject).

What courses offer CSPs?

The following courses have CSPs:

> Master of Management

> Master of Management (Accounting)

> Master of Management (Finance)

> Master of Management (Human Resources)

> Master of Management (Marketing)

> Master of Actuarial Science

> Master of Commerce (Finance)

> Master of Commerce (Management)

> Master of Commerce (Marketing)

> Master of Economics

What are the application deadlines for CSPs?

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.

What if I am not awarded a CSP?

Applicants who are not successful in being awarded a CSP, but are accepted into the course will receive an Australian Fee place.

am i eligible for 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 the GSBE are the Master of Management (Accounting), Master of Management (Marketing) and the Master of Management (Human Resources).

More information is available at: www.deewr.gov.au/HigherEducation/Programs/StudentSupport/Pages/StudentIncomeSupport.aspx

graduate access melbourneGraduate 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 education. Graduate Access ensures that more students continue to enjoy admission to graduate courses, 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.

Further information, including the graduate courses under this scheme, is available online at www.futurestudents.unimelb.edu.au/grad/gradaccess


Graduate Course Guide 2013

Authorised by: Dean, Faculty of Business and Economics

Published by: Graduate School of Business and Economics

Copyright: The University of Melbourne July 2012

CRICOS Provider code: 00116K

Intellectual Property: For further information refer to Statutes and Regulations.

Copyright: Copyright The University of Melbourne 2012. Copyright in this publication is owned by the University and no part of it may be reproduced without the permission of the University.

Disclaimer: The information in this publication was correct at the time of printing. The University of Melbourne reserves the right to

make changes as appropriate. 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 information.

Statement on Privacy Policy: When dealing with personal or health information about individuals, the University of Melbourne is obliged to comply with the Information Privacy Act 2000 and the Health Records Act 2001. For further information refer to the privacy policy.

CoNtaCt usGraduate School of Business and EconomicsFaculty of Business and EconomicsThe University of Melbourne198 Berkeley Street, Carlton Victoria 3010Tel: +61 3 8344 1670 or 1800 227 117Fax: +61 3 9349 5021Email: [email protected] www.gsbe.unimelb.edu.au

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