The Monash MBA The MBA for emerging professionals

Can you manage to make business better?

AUSTRALIA

CHINA

INDIA

ITALY

MALAYSIA

SOUTH AFRICA

monash.edu/mba

Top ranking MBA offered by top ranking university

Monash University is ranked in the top one per cent of universities worldwide, according to the Times Higher Education World University Rankings. The Monash MBA programs are consistently ranked among the top MBA programs in Australia and are highly regarded by organisations and businesses worldwide. The programs international standing is reflected in its accreditation by the Association of MBAs (AMBA). It is just the third such program in Australia, the first in Victoria, and the only Group of Eight university to be recognised by AMBA.

The Monash MBA is one of the worlds top MBA programs, specifically designed for emerging professionals with the drive and ambition to move into leadership roles. We offer a new approach to the development of corporate and community leaders by developing your individual leadership and personal capabilities and by teaching you how to manage, lead and transform organisations in a unique way.
A flexible approach
The Monash MBA offers flexibility in course delivery. Units are delivered at the Caulfield campus in one year of condensed study in intensive day and weekend mode. Alternatively, the program can be completed over two years, allowing you to continue to work while studying.

Experiential Learning Project

During the final quarter of your MBA studies at Monash, you will participate in an experiential learning component. During the project, the qualitative and analytical skills covered in the preceding units of the program will be honed into practical, real-life activities.

Delivering real outcomes

Build a professional network

Triple crown for a world leader in business education and research

During the Monash MBA you will acquire the capabilities required to become a global, transformational and socially responsible leader. You will build on your existing skills and knowledge and gain experience in applying these in a variety of settings. You will learn to approach business in a holistic way, guided by a professional and ethical framework. Innovative thinking and entrepreneurship will be encouraged and grown, and management theories will be grounded in practical situations. And you will do all this while considering how to make business better.

With the Monash MBA you will have the opportunity to learn from the best: from worldclass academics and captains of industry. You will share your learning experience with the best: dedicated professionals from a range of sectors and backgrounds, challenging you to share knowledge, insights and ideas. You will attend all your classes with the same group of like-minded and highly capable students, providing you with the opportunity to form an invaluable professional network. All MBA units are exclusive to MBA students and are taught in dedicated state-of-the-art teaching and social learning spaces at our Caulfield campus.

Monash University is the first Group of Eight university to have achieved the esteemed triple crown business school accreditation by the Association to Advance Collegiate Schools of Business (AACSB), the European Quality Improvement System (EQUIS) and the Association of MBAs (AMBA). These globally-recognised accreditations place the university in the elite ranks of one per cent of business schools worldwide with triple crown accreditation.

Leadership and Personal Development Program

Leadership and personal development activities complement the academic units and are an integral part of the MBA program. These activities are integrated within each unit of study, and are systematically delivered throughout the course.

MONASH MBA

monash.edu/mba

The Monash MBA inspiring course content

The Monash MBA aims to develop individual leadership and personal capabilities and provide a holistic approach to business challenges and issues alongside conventional discipline-based academic subjects. The Monash MBA integrates the academic content of the program with our Leadership and Personal Development Program. In the final quarter of the program, you will undertake a four-unit Experiential Learning Project. Four integrating core units (context setting) Critical thinking The business environment Negotiation Business strategy Eight fundamental units in key business disciplines Managerial economics Data analysis Business finance Managing innovation Corporate sustainability Accounting Managing people Strategic marketing management During the program you will complete:

The Monash MBAs Leadership and Personal Development Program is based on the belief that empowering MBA students in the behaviourbased areas of leadership and personal development is of equal importance to the business and commercial skills gained in the academic curriculum. Key aspects of the program include:
Your Personal Leadership Style and Advanced Leadership Workshop Series Study Skills Seminar Program
This program specifically caters to postgraduate students. It includes workshops designed and delivered by specialist librarians and learning skills advisers, and focusses on honing the research and academic skills that underpin success in the Monash MBA course.

Our unique Experiential Learning Project

During the final quarter of your MBA studies at Monash, you will participate in an experiential learning component. During the project, the qualitative and analytical skills covered in the preceding units of the program will be honed into practical, real-life activities. The experiential learning project comprises two elements:

An MBA study tour you will participate in a combination of site visits to organisations, companies and institutions to assist you in better understanding the impact of the local environment on business and its implications for management. At the end of the MBA study tour you are expected to have gained an insight into the business environment of the location visited, and also to be able to draw on ideas from that environment to develop capabilities that may be applied in other environments and organisational contexts. The destination/s of the study tour may vary from year to year. The Experiential Learning Project a group project that students complete in the corporate, public or community sector. You will spend one week in-company to solve a real-life business problem and to present your findings to the Board.

This workshop series reviews current perspectives on leadership and explores strategies that you can employ to improve your capabilities as a leader. A strong emphasis is placed on improving practical leadership skills and developing a wide repertoire of leadership styles that you can apply, depending on the context in which you are operating.

Career Management

People Leadership Connect Series

This series, presented by one of the most respected and innovative minds in people networks, is a unique approach to networking. It focusses on understanding the united values, habits and strategies required to connect and collaborate with people and to optimise performance and brand, by remaining relevant and top of mind.

Directioneering a specialist career and leadership development consultancy will provide a framework for evaluating your career to date and to devise strategies for the future. There will be a particular focus on proactive career management and how to take advantage of your MBA qualification.

Experiential Learning Project (equivalent to four units) Study tour Experiential learning project

Traditional management skills are no longer enough. To truly make a difference, corporate and community leaders must also have a deep understanding of their social responsibility and the impact this has on their business. The Monash MBA addresses both of these elements.
Associate Professor Amanda Pyman BComm (Hons) PhD PGCHE MBA Director

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MONASH MBA

monash.edu/mba

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Moving out of employment and into running my own business, I wanted to be armed with a crossfunctional management arsenal and to expand my professional network. I chose the Monash MBA because it allowed me to do both. I have since developed a business with divisions operating across Melbourne, Sydney, Brisbane, Gold Coast, and Perth.
Tom Quinlan Director, Quinlan Consulting

monash.edu/mba

Monash MBA Program Sequence 2014 One-year accelerated program

MBA Program Induction
[18-19/1]

2014

Monash MBA Program Sequence 2014 - 2015 Two-year program

MBA Program Induction
[18-19/1]

MBA5707 Data analysis

MBA Program Induction Module 2 Mastering Business Fundamentals MBA5704
[TBA]

2014

2015

Module 1 Foundations of Business in a Global Context MBA5709

The business environment

MBA5730

Module 1 Foundations of Business in a Global Context MBA5709

[20/1; 22/1; 24/1; 28/1; 30/1 Exam: 13/2]

The business environment

MBA5730

[20/1; 22/1; 24/1; 28/1; 30/1 Exam: 13/2]

Accounting
MBA5720

Critical thinking

[18/2; 25/2; 4/3; 11/3; 18/3; 25/3; 1/4; 8/4; 15/4 Exam: 4/5]

The objective of this unit is to understand and apply data analysis techniques to address business problems. For each student the attainment of these skills is facilitated by taking a very practical approach. Topics covered include data description and summation, data mining, confidence interval estimation, hypothesis testing, regression analysis, and decision making under uncertainty. Software used will be Microsoft Excel.

MBA5703 Managerial economics

The unit exposes students to the economics lens for reasoning in business. Topics to be considered include demand, supply and market analysis, cost concepts, price determination and pricing practices. The course aims to develop an understanding of the competitive environment facing firms through analysis of varying market structures (oligopoly, monopolistic competition etc).

The aim of this unit is to equip students with the knowledge and skills to develop and utilise effective strategies for negotiations. Drawing on cross-disciplinary perspectives and recent advances in the field of negotiation, this unit will equip students to recognise and overcome flaws in their negotiation and decision making processes and develop frameworks for analysing situations and making sound decisions.

MBA5701 Negotiation

[21/1; 23/1; 24/1; 29/1; 31/1 Exam: 14/2]

Module 2 Mastering Business Fundamentals MBA5707

Critical thinking

[21/1; 23/1; 24/1; 29/1; 31/1 Exam: 14/2]

Corporate sustainability

MBA5704 Accounting

Data analysis
MBA5704

[18/2; 25/2; 4/3; 11/3; 18/3; 25/3; 1/4; 8/4; 15/4 Exam: 28/4]

Module 2 Mastering Business Fundamentals MBA5707

Data analysis
MBA5708

Module 3 Mastering Business Fundamentals MBA5705

[23/3; 28/3; 30/3; 4/4/; 6/4; 11/4; 13/4; 17/4 Exam: 7/5]

[19/2; 26/2; 5/3; 12/3; 19/3; 26/3; 2/4; 9/4; 16/4 Exam: 5/5]

Accounting
MBA5708 MBA5720

[18/2; 25/2; 4/3; 11/3; 18/3; 25/3; 1/4; 8/4; 15/4 Exam: 28/4]

Business finance
MBA5740

[20/5; 27/5; 3/6; 10/6; 17/6; 24/6; 1/7; 8/7; 15/7 Exam: 3/8]

Managing people

Managing people

[7-8/3; 14-15/3; 21-22/3 Exam: 1/5]

Managing innovation
Module 4 Leadership and Ethics MBA5701

This unit examines accounting as an information system. The unit content includes both financial and management accounting. Financial accounting considers the information requirements of external users such as owners, shareholders, investors, potential investors. Management accounting is concerned with the information needs of internal organisation users such as managers.

MBA5720 Corporate sustainability

MBA5706 Business strategy

[7-8/3; 14-15/3; 21-22/3 Exam: 1/5]

Corporate sustainability

[24/3; 29/3; 31/3; 5/4/; 7/4; 12/4; 14/4; 18/4 Exam: 8/5]

Module 3 Mastering Business Fundamentals MBA5703

[22/6; 27/6; 29/6; 4/7; 6/7; 11/7; 13/7; 18/7 Exam: 6/8]

MBA5708 Managing people

Environmental, social and ethical issues are increasingly influencing business decisions. The ability to create value from, and mitigate risks associated with, environmental, social and ethical issues increasingly impacts markets, access to capital, company reputation and shareholder value. Through the use of case studies, lectures and guest speakers, this unit will critically examine corporate sustainability across a range of industry settings.

This unit integrates material from earlier units in the MBA degree and provides the context for business and corporate strategic decision making. On completion of the unit students should be able to understand the key influences on the development of an organisations strategy, analyse those influences, propose appropriate strategic behaviour for an organisation and demonstrate an understanding of how strategic change can occur within an organisation.

Managerial economics
MBA5715

Module 3 Mastering Business Fundamentals MBA5703

[20/5; 27/5; 3/6; 10/6; 17/6; 24/6; 1/7; 8/7; 15/7 Exam: 28/7]

Negotiation
MBA5706

[17-21/8 Exam: 14/9]

Managerial economics
MBA5705

Strategic marketing management

Module 5 Strategy in Practice MBA5722

[20/5; 27/5; 3/6; 10/6; 17/6; 24/6; 1/7; 8/7; 15/7 Exam: 28/7]

[6-7/6; 13-14/6; 20-21/6 Exam: 31/7]

Business strategy

Business finance
MBA5715 MBA5740

[21/5; 28/5; 4/6; 11/6; 18/6; 25/6; 2/7; 9/7; 16/7 Exam: 4/8]

MBA study tour

[29/9-5/12]

Module 5 Strategy in Practice MBA5721

[29/9-5/12]

[31/8; 1-4/9 Exam: 17/9]

Effective management of people can benefit organisational performance. This unit examines how organisations can effectively lead and manage people for competitive advantage in diverse organisational settings. The unit considers the human resource function, managing individual motivation, behaviour and engagement and high performance human resource systems. The unit covers a wide range of real-world cases and practical challenges.

MBA5705 Business finance

Experiential learning project

MBA5715 Strategic marketing management

Strategic marketing management Managing innovation

[6-7/6; 13-14/6; 20-21/6 Exam: 31/7]

MBA5709 The business environment

MBA5730 Critical thinking

[23/6; 28/6; 30/6; 5/7; 7/7; 12/7; 14/7; 19/7 Exam: 7/8]

Module 4 Leadership and Ethics MBA5701

Negotiation
MBA5706

[18-22/8 Exam: 15/9]

MONASH MBA
Business strategy
[1-5/9 Exam: 18/9]

Module 5 Strategy in Practice MBA5721

[29/9-5/12]

Experiential learning project

MBA5722
[29/9-5/12]

This case-based unit is designed to provide an overview of the business environment at global, market, and organisational levels and the role of individuals in such an environment. The focus of this unit will be to investigate important socio-political/ legal dimensions and the contemporary context of managerial decision making. To this end, students will examine the myriad issues challenging the pursuit of sustainable business practice as a precursor to the more detailed consideration of functional methods that help inform these decisions that will follow in the subsequent module.

This foundational unit focusses on the practice and development of key critical thinking skills required by a business leader to achieve superior performance. Through interactive group work, role play, case studies and a variety of situational exercises, this unit will introduce students to methods of analytical reasoning to: (a) successfully manage business problems; and (b) interpret and produce clear and sound arguments in relation to business issues of general interest. In addition, students will develop questioning strategies to support a critical inquiry approach to their learning and research activities throughout the program.

This is an introductory managerial course in marketing. It will provide participants with a basic understanding of the key strategic concepts in marketing and their application in an organisation. The key question it will seek to answer is: how should managers strategically manage their market offerings to enable value for their firms, their customers, and business partners? The course will address diverse situations of marketing to consumers and business customers, product and service-oriented businesses, domestic and global firms, and business and social organisations. The predominant pedagogy is case-based, and thus classroom discussion will emphasise strategic decision-making situations. The decision orientation will be supplemented with contemporary scholarly thought on effective marketing strategies.

This unit introduces finance theories and practices that can assist financial decisions in for-profit firms. Herein investigation concerns exploration of the interrelated aspects of making decisions from an investing, financing and operating perspective. Using the body of knowledge that comes from finance theories and practices, students will learn the analytical skills required to solve these problems. Further, the unit will examine key aspects of financial decisions (capital budgeting, financing, dividend policy and hedging) that managers in non-financial firms are required to make.

MBA5722 MBA study tour

MBA5740 Managing innovation

Innovation drives sustainable competitive advantage in organisations. The aim of this unit is to equip students with the knowledge to understand and manage innovation. The unit requires integration of multiple organisational functions but particularly those that impact product and process development. The objective of this unit is to examine the foundations of innovation in product and process for the organisation and its supply chain. It explores innovation at the design, process and system level that is both user-led and technology-led.

The MBA study tour integrates in a practical manner the material covered in the MBA program. Depending upon the destination(s) chosen (which may vary from year to year), MBA students will partake in a combination of site visits to local organisations, companies and institutions in order to better understand the impact of that locations environment on business and its implications for management. At the end of the MBA Study Tour students are expected to have not only gained an insight into the business environment of the location visited but also be able to draw upon ideas from that environment to develop capabilities that may be able to be applied in other environments and organisational contexts.

MBA study tour

monash.edu/mba

Key dates

Closing date for domestic applications Friday 6 December 2013*

Documentary evidence in the form of a letter or transcript is required from the institution at which the study was undertaken. You have undertaken an English language proficiency test within two years prior to your study commencement date and have achieved the following results:

How to apply

Domestic student applications monash.edu/study/apply/ International student applications monash.edu/study/apply/ MBA applications must include: 1. A copy of your rsum 2. Certified copies of academic transcripts (including English language test results if required) 3. Statement of purpose A key characteristic of the Monash MBA program is the experience that students bring to the classroom. As part of your application, you are therefore required to include a onepage statement of purpose outlining your reasons for applying to the Monash MBA, and what you think you can contribute to the program. In addition, your statement of purpose should include whether you will be sponsored by your employer and if you are intending to enrol into the one-year accelerated MBA program. 4. Employment references The Monash MBA managerial or professional work requirement ensures that you will be sharing your experience with other proven performers and people already positioned to advance their careers. In your application, you must demonstrate that you have completed a minimum of three years full-time management or professional work experience.

Please send your rsum and your two original employment references, which should be presented on your companys letterhead and contain all of the following: Precise duties performed Duration (including dates) of employment Date of letter issue Full name, title and signature of the writer

Closing date for international applications Friday 8 November 2013 Start date Monash MBA Saturday 18 January 2014
* late applications may be considered

IELTS minimum test score of 6.5 with no individual band score less than 6.

Entry requirements

Minimum entry requirements

An Australian bachelors degree or an equivalent qualification

TOEFL minimum test score of 550 with a Test of Written English score of at least 4.5. Internet based TOEFL overall 79, Writing 21, Listening 12, Reading 13, and Speaking 18. Cambridge English Certificate in Advanced English (CAE) Minimum test score required: A grade of A Cambridge Certificate of Proficiency in English Minimum test score required: A grade of C

Fees

Domestic students (total course) $60,000 AUD* International students (total course) $64,000 AUD*

A minimum of three years work experience with at least one year of professional/ managerial experience. Applicants will be ranked according to consideration of the following: a) employment experience b) the entire academic record (weighted average mark, WAM, of 60% or equivalent GPA preferred) Minimum English language requirements You should meet one of the following criteria: You have achieved a satisfactory level of performance in an English subject at Year 12 or equivalent level. This means a study score of at least 25 in units 3 and 4 in any VCE English subject. All other students should visit www.monash.edu.au/international/ for entry requirements details. You have studied in an institution where English is the language of instruction and assessment for the entire institution and have satisfactorily completed the equivalent of one and a halfyears full-time (three standard full-time semesters) of either: a university undergraduate award program, or a program that has been assessed as being taught at an equivalent level to Monash University undergraduate study

Study support

You have successfully completed the Monash University English Language Bridging Program, or equivalent programs, at the appropriate level. For further information about English language requirements at Monash University visit: www.adm.monmash.edu/admissions/ postgrad/pg-english-requirements.html

The Monash MBA Program provides study support in the form of a fee reduction to both domestic and international students. The number of students granted study support will vary from year to year. The minimum amount awarded is $10,000. To be eligible, you must commence studies in the MBA offerings in 2014. There is no need to apply; study support will be determined at the point of application by the MBA Program Management Team. All applicants for MBA programs will be considered.

Scholarships

Credit and preclusion

If you intend to apply for credit into the MBA program for previous postgraduate study, please email enquiries.caulfield@monash.edu or call +613 9903 1400.

There are a number of scholarships opportunities on offer for current and prospective students. For more information, visit monash.edu/mba
* Fees are quoted at 2014 rates. For future years of your course Monash University reserves the right to adjust annual tuition fees in line with cost increases. The university guarantees that fees will not increase by more than 10 per cent from year to year.

International student visas

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MONASH MBA
Alumni Ambassadors If you would like to receive more information, please visit monash.edu/mba or email: study@monash.edu Monash MBA alumni and current students are available to speak with you about the MBA courses. For further details and contact information, please visit monash.edu/mba

Alternatively, you have studied in an institution where English is the language of instruction and assessment for the entire institution and have satisfactorily completed the equivalent of one full-time year (two standard full-time semesters) of postgraduate study.

International students should check the appropriate Postgraduate Course Guide for International Students or visit www.monash. edu.au/international. This guide contains important information regarding Australian Government requirements and conditions for study in Australia, living costs, course fees, health insurance, working while you study, work rights for your husband or wife and schooling for your children. Information about visa applications can be obtained from www.liveinaustralia.com/student-visa/ and www.immi.gov.au/students/

Find out more

We would be pleased to provide additional information regarding any aspect of the Monash MBA. To find out more, you can contact us via phone or email, visit one of our information sessions, talk to one of our ambassadors, or complete the online contact form. Meet the Director We have organised a number of Meet the Director information sessions. During these sessions you will hear from Associate Professor Amanda Pyman, our MBA Programs Director, and you will be able to speak to corporate project facilitators, alumni and current students.

monash.edu/mba

Postgraduate Student Services Ofce Faculty of Business and Economics Monash University Building N, Level 4 27 Sir John Monash Drive Cauleld East, Victoria 3145, Australia Telephone: (+613) 9903 1400 or (+613) 1300 784 990 Email: enquiries.cauleld@monash.edu Contacts for international students International Recruitment Services Monash University 871 Dandenong Road Cauleld East 3145, Australia Telephone: +61 3 9627 4852 Email: study@monash.edu www.monash.edu/study/international

Monash University reserves the right to alter information, procedures, fees and regulations contained in this document. Please check the Monash University website for updates (monash.edu). All information reects prescriptions, police and practice in force at time of publication. Published September 2013.

monash.edu/mba

CRICOS provider code: Monash University 00008C MBA CRICOS code: 001461G