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ACHIEVE YOUR

DREAMS WITH US
2

ABOUT MBA
An MBA is valued as a prestigious qualification that
creates employment opportunities for those who
want to rise in the corporate world. It can also provide
learning opportunities for those already in business
or industry and those who wish to expand their
horizons as business leaders. Every year thousands
of young aspirants and industry practitioners
undertake a management qualification.
There are a large number of education providers
delivering an MBA qualification and it is often
difficult to identify the best one to suit your needs.
Are you looking for an institution which is different,
has distinctive program features, and stands out
clearly from the others?

Source: Find MBA

IN THIS...
› YOUR LIFE CHANGING EXPERIENCE BEGINS HERE
› CHOOSE YOUR WAY OF LEARNING,
FACE TO FACE AND BLENDED DELIVERY
Source: Online MBA
› BALANCE WORK-LIFE WITH FLEXIBLE LEARNING
› CHECK YOUR COURSE ELIGIBILITY
› IT’S MADE AFFORDABLE, COMPETITIVE FEES
› UNIQUE FEATURES
› INNOVATIVE STRUCTURE OF MBA
› UNIT DESCRIPTIONS
› STUDY NOW AND PAY LATER, WITH FEE-HELP
3

YOUR
LIFE CHANGING
EXPERIENCE
BEGINS HERE
Welcome to VIT, with two decades of imparting education and a mission to
provide quality education aimed at changing people’s lives.

Our MBA program has features which will suit (TEQSA) and delivers accredited programs within
a student such as yourself. The focus is on helping the Australian Qualifications Framework (AQF).
you to achieve an MBA qualification and achieve The eMBA delivered at VIT is recognised as being
international business knowledge which can be on a par with all Australian universities as well as
applied in your workplace. Your investment will institutions worldwide.
be rewarded by achieving a degree that can be
life changing. At VIT, we’re here to help! Our goal is to make your
study progress as smoothly as possible and to give
VIT is an Australian registered Higher-Education you the tools you need to achieve success.
Provider with a range of specialised programs in
Business Management and Information Technology Once again, I welcome you and look forward to
and Systems. It is registered as a Higher-Education seeing VIT help change your life with one of our
Provider by the Australian Government regulator, prestigious MBA programs.
the Tertiary Quality and Standards Agency

PROFESSOR RICHARD CARTER


Chairman of the Board of Studies
4

CHOOSE YOUR WAY BALANCE WORK-LIFE


OF LEARNING, FACE TO FACE, WITH FLEXIBLE LEARNING
BLENDED AND ONLINE DELIVERY VIT provides you with the flexibility to study
You can choose to access the learning sessions any time at any location. You can graduate with an
through face to face lectures or through MBA degree while maintaining a work-life balance
our online learning system. When you log in and managing your other commitments smoothly.
to our dynamic virtual classroom, you will be Choose a study course that suits your schedule and
connected with academics and other students to study at your own pace.
progress with your study program. You can decide The advantages of our MBA:
the speed of course and work through the units at a
pace that suits you. › Start your course with an orientation session
online.
Our academics are experts in their respective field
of education. You will also learn from practitioners › Choose and enrol in a new MBA unit starting
and industry professionals who will share practical each alternative month.
industry experiences and professional insights into › Gain access to study content from anywhere,
your course.
anytime, in any location.
› Attend digital teaching sessions.
› Have direct access to your lecturer.
› Get on-demand assignment help when you
need it most.
› Join the conversation in study group forums.
› Choose a workload that suits you.
5

CHECK YOUR
ELIGIBILITY FOR
COURSE ENTRY
REQUIREMENTS

ADMISSION TO THE MBA


IS OPEN TO THOSE WHO HOLD:
›A recognised Bachelor degree in Business
or other discipline AND/OR
›5+ years of supervisory and managerial
work experience

Recognition of Prior Learning (RPL)


and credit for units may be granted.

ENROLMENT MADE EASY ACCEPT YOUR LETTER OF OFFER:


If your application is successful, you will receive a
CHOOSE YOUR COURSE: Letter of Offer, which will include all the relevant
Visit www.vit.edu.au to view all information about information you need to know about your course of
the eMBA Course offered at VIT. study. Once you accept the Letter of Offer, a deposit
will be required.
PREPARE YOUR DOCUMENTATION:
Once you have selected your course, check the entry
requirements to find out which documents you
need to supply. COMPETITIVE FEES MAKES IT
AFFORDABLE,
SUBMIT YOUR APPLICATION:
Go to the VIT official website, select apply online or The fee structure of the MBA program is
submit the completed HE Application form as per focused on competitiveness and affordability.
instructions. Please contact our friendly Course Advisor for
more details.
6

UNIQUE FEATURES
OF THE MBA
BI-MONTHLY START DATES STIMULATING ENVIRONMENT
The program has bi-monthly start dates Develop fresh mindsets and
depending on cohorts enrolled. breakthrough solutions through
artful application of knowledge.

WORK-BASED APPROACH CONTINUOUS SUPPORT LEVELS


The program is designed to link the Industry expertise and leading academic
latest academic theory with current and administrative support is extended
industry practice. throughout the program.

AFFORDABLE PRICING ONLINE ACADEMIC RESOURCES


Access to ProQuest, which is one of the
The fees are affordable and competitive.
largest online libraries in the world, and
VIT Online Learning System.

FLEXIBLE ANY TIME EXIT QUALIFICATIONS


The program is delivered within a The 16 units in the MBA has two exit points
stipulated time period or can be spread qualifications such as Graduate Certificate
over a longer period to accommodate in Business Administration and Graduate
both personal and professional needs. Diploma in Business Administration.
7

ARTICULATION – PROGRESSION
The MBA is articulated providing a
pathway to higher studies for continued
learning.

AQF ACCREDITATION AND RECOGNITION


The course and its content are accredited
by the Australian Government at the level
of Australian Qualification Framework
(AQF) level 9, ensuring recognition within
Australia and globally.
8

ASSESS
YOUR
PROGRESS
There are a variety of MBA unit assessments
designed to achieve high-quality learning
outcomes and evaluate your progress.
Assessments include online quizzes, essay writing.

GRADUATE
WITH PRIDE
Celebrate your hard work and success
with your classmates in the VIT Alumni
Community when you graduate.
All VIT graduates will receive an invitation
to a grand convocation ceremony held in
Melbourne, Australia. Wear your graduation
robes with pride and take the next step
towards your future.
9

INNOVATIVE
STRUCTURE OF MBA
› Units 1 to 8 are CORE.
SPECIALISATION UNITS
› Units 9 to 16 are electives selected out of a pool MBA – INFORMATION SYSTEMS
of SPECIALISATIONS.
19 MBA 6101: Business Information Systems
• For MBA with specialisation – 4 units
from a SPECIALISATION and 4 units from 2 MBA 6102: IT Project Management
10
any other electives.
3 MBA 6103: Agile Methodology
11
• For MBA non-specialisation – any 8 units
from the electives. MBA 6104: Business Processes Modelling
4
12
and Management

CORE UNITS
11
MBA 5001: SPECIALISATION UNITS
Sustainable Marketing MBA – MANAGEMENT
MBA 5002: 19 MBA 6201: Quality Management
22
Managing Administration and Control
2 MBA 6202: Managing Corporate Sustainability
10
MBA 5003:
33
Managing Logistics and Technology
3 MBA 6203: Project Management
11
MBA 5004:
44 MBA 6204: Managing the Quantitative
Managing Decision Making Processes 4
12
Support of Decision Making
MBA 5005:
55
Managing Human Capital
MBA 5006:
66
Managing Organisational Behaviour
SPECIALISATION UNITS
MBA – TOURISM AND HOSPITALITY
MBA 5007:
77 19 MBA 6301: Event Management
Managing Strategy and Innovation
MBA 5008: MBA 6302: Integrated Marketing
88 2
10
Business Research Methods Communications

3 MBA 6303: Tourism Management Operations


11

SPECIALISATION UNITS 4 MBA 6304: Hospitality Management


12
MBA – FINANCE AND ACCOUNTING
19 MBA 6001: Investment Management

2 MBA 6002: Corporate Finance


10
SPECIALISATION UNIT
BUSINESS PROJECT
3 MBA 6003: Financial Analytics
11
MBA 6400:
MBA 6004: Management and Financial Part A & B Capstone Project
4
12
Accounting
10

MBA PROGRESSION
WITH EXIT QUALIFICATIONS
STUDENT
ENROLMENT

GRADUATE CERTIFICATE GRADUATE DIPLOMA


IN BUSINESS IN BUSINESS
ADMINISTRATION ADMINISTRATION
(GCBA)* (GDBA)*
Successfully complete first Four CORE Units Successfully complete all Eight CORE Units

EXECUTIVE MASTER OF BUSINESS


ADMINISTRATION (MBA)

MASTERS OF BUSINESS MASTERS OF BUSINESS


STUDENTS ELIGIBLE
ADMINISTRATION FOR
(eMBA) STUDENTS NOT ELIGIBLE
ADMINISTRATION (eMBA)
4 WITH
UNITSRPL
RPL FOR 4 UNITS RPL*
WITHOUT RPL
Successfully complete Twelve Units Successfully complete Sixteen Units
(Eight CORE and Four Other) (Eight CORE and Eight Other)

MBA WITH SPECIALISATION MBA WITH SPECIALISATION


Successfully complete Twelve Units Successfully complete Sixteen Units
(Eight CORE and Four from a SPECIALISATION) (Eight CORE, Four from a SPECIALISATION
and Four from any SPECIALISATION)

MBA WITHOUT SPECIALISATION MBA WITHOUT SPECIALISATION


Successfully complete Twelve Units Successfully complete Sixteen Units
(Eight CORE and Four from any SPECIALISATION) (Eight CORE and Eight from any SPECIALISATION)

*No RPL or credit applies.


11

DURATION STRUCTURE
UNITS QUALIFICATIONS CREDITS UNITS QUALIFICATIONS CREDITS

UNIT 1 6 UNIT 9 6

UNIT 2 6 UNIT 10
MBA 6
GRADUATE
UNIT 3
CERTIFICATE 6 UNIT 11
(WITH RPL) 6
› Units 1 to 8 are CORE.
UNIT 4 6 UNIT 12 6
› Units 9 to 12 and 9 to 16
are Electives selected
UNIT 5 6 UNIT 13 6 out of a pool of
SPECIALISATION UNITS.
UNIT 6 6 UNIT 14
MBA 6
GRADUATE › 16/12 Units – one unit
UNIT 7
DIPLOMA 6 UNIT 15
(WITHOUT RPL) 6 bi-monthly process –
three stage completion
and three qualifications
UNIT 8 6 UNIT 16 6 (if completed).

PROGRESSION

LEARNING AND PROFESSIONAL DEVELOPMENT PORTFOLIO

CAREER MANAGEMENT AND DEVELOPMENT PROGRAMME


12

UNIT DESCRIPTIONS AT A
GLANCE WITH LEARNING
OUTCOMES
MBA CORE UNITS MBA 5005: MANAGING HUMAN CAPITAL
Managing human capital is concerned with coaching and
MBA 5001: SUSTAINABLE MARKETING developing others, resolving conflicts and negotiating with
This unit provides students with a comprehensive coverage to others, developing and building teams. This unit focuses on
understanding the economics and marketing environment of the development of knowledge and skills to enable students to
their setting in order to manage their tasks. They will learn about identify, critically analyse and make effective decisions to resolve
how to manage suppliers, distributors, customers, stock markets people-related issues in organisations, facilitate employee
and competitors, all of which directly affect the organisation in development, and develop and sustain effective teams in
the attainment of its business goals. complex operating environments.

MBA 5002: MANAGING ADMINISTRATION AND CONTROL MBA 5006: MANAGING ORGANISATIONAL BEHAVIOUR
This unit delivers the core business disciplines of accounting and Understanding human behaviour at individual, group and
law and enables students to understand fundamental accounting organisational levels is essential for private and public
concepts and conventions as a basis for making decisions in organisational success. This unit enables students to gain an
business. Students will also be provided a brief understanding appreciation of organisational behaviour which they can use
of law across the wide spectrum of activities that influence and throughout their careers. This unit builds students’ understanding
impact organisational operations. beginning with a focus on the behaviour of the individual.

MBA 5003: MANAGING LOGISTICS AND TECHNOLOGY MBA 5007: MANAGING STRATEGY AND INNOVATION
This unit is designed to introduce operations management, Managing and leading strategy and innovation is concerned
logistics and management information systems in the context with thinking creatively, being able to develop objectives and
of building a sustainable competitive advantage through the strategies, and providing advice to others. This unit explicitly
design of process management, quality assurance, likely demand, delivers this through a solid foundation in the core business
location, layout, inventory, supply chain management, job design disciplines of strategic management, and innovation and
and maintenance management. entrepreneurship. This unit facilitates students to apply the
principles of strategic management.
MBA 5004: MANAGING DECISION MAKING PROCESSES
Managing decision making processes is concerned with being MBA 5008: BUSINESS RESEARCH METHODS
able to obtain and interpret information to facilitate judgement Research is the process of finding solutions to a problem after a
of things, services, and people. This unit explicitly delivers this thorough study and analysis of the situational factors. Managers
through a sound foundation in the most relevant areas of business in organisations constantly engage themselves in studying and
statistics and quantitative methods, including appropriate analysing issues and hence are involved in some form of research
treatment of current trends such as the business value of big data. activity as they make decisions at the workplace.
13

MBA WITH FINANCE AND ACCOUNTING SPECIALISATION MBA WITH INFORMATION SYSTEMS SPECIALISATION
MBA 6001: INVESTMENT MANAGEMENT MBA 6101/MITS 4001:
This unit enables students to understand the theory and then BUSINESS INFORMATION SYSTEMS
apply the principles of investment management. Topics covered This unit provides the necessary foundation in Business-IT
include asset allocation and selection, computing rates of return alignment, an understanding of which is essential for successful
on various instruments, short selling and buying on margin, a implementation of business transformation. Students will be
comparison of stop and bond performance, constructing price- prepared to evaluate the strategic and operational roles of
weighted indexes, market efficiency, ratio analysis, mutual funds information systems in organisations.
and hedge funds, diversification and portfolio considerations,
derivative securities and valuing equities using discounted cash MBA 6102/MITS 5001: IT PROJECT MANAGEMENT
flows and price multipliers. This unit covers essential IT project management (PM)
techniques for managing medium to large scale IT projects such
MBA 6002: CORPORATE FINANCE as an enterprise software solutions project, IT infrastructure
Corporate finance provides students with a comprehensive implementation project, IT outsourcing projects etc. The unit
introduction to corporate financial management. The unit links covers process groups such as initiation, planning, execution,
the mathematics of finance and discounted cash flows to finance monitoring, control and closure.
theory, valuation and investment analysis, commencing with an
understanding and analysis of accounting statements from a MBA 6103/MITS 5508: AGILE METHODOLOGY
finance perspective. This unit introduces the concepts required for the construction
of software solutions using agile methodologies. It discusses the
MBA 6003: FINANCIAL ANALYTICS nature, categories and the different software life cycle models
This unit is designed to introduce students to the practical used in agile software engineering. The unit elaborates various
application of financial analytic modelling using appropriate agile aspects in phases such as requirements engineering,
modelling tools including spreadsheets. The subject covers management, design, modelling development, testing and
both modelling, and financial theory, and includes computer continuous delivery.
modelling methodology, activity based costing, shareholder
value analysis, risk measurement, spreadsheet modelling, capital MBA 6104/MITS 5507:
budgeting, project management, optimal capital budgets, short- BUSINESS PROCESS MODELLING AND MANAGEMENT
term planning and financing, accounts receivable and inventory, The unit provides comprehensive coverage related to analysing
and statement analysis. and modelling of business processes. The unit introduces
frameworks for understanding the design, control and
MBA 6004: MANAGEMENT AND FINANCIAL ACCOUNTING improvement of business processes. Implementation details are
Financial accounting is an essential function that ensures the discussed using modelling tools and analytical frameworks. Case
provision of relevant and reliable information to stakeholders. studies are used to reinforce the general principles for managing
Unit aims to develop the skills, terminology and knowledge of business processes, illustrate topics such as identification of
students in the context of more sophisticated accounting issues. information-bearing events and to understand how to assess
Management accounting is a powerful tool that helps and improve process efficiency.
inform decisions.
14

MBA WITH MANAGEMENT SPECIALISATION MBA 6302: INTEGRATED MARKETING COMMUNICATIONS


The Marketing Communications Mix is the specific mix of
MBA 6201: QUALITY MANAGEMENT advertising, personal selling, sales promotion, and public
Managing, controlling and improving quality is a vital activity relations a company uses to pursue its advertising and marketing
in contemporary business organisations. This unit aims to objectives. The marketing communications environment is
expose students to the range of techniques required for changing rapidly as a consequence of rapid technology advances.
the control and improvement of quality. We place particular Mass markets have fragmented, causing marketers to shift away
emphasis on appropriate management structures and statistical/ from mass marketing, resulting in increased media fragmentation.
analytical tools.
MBA 6303: TOURISM MANAGEMENT OPERATIONS
MBA 6202: MANAGING CORPORATIONS SUSTAINABLY Tourism is one of the world’s largest industries and is growing
This unit is underpinned by the concept of the triple bottom line: rapidly. In this unit, students will learn the concepts underpinning
economic, social and environmental costs and benefits. This unit sustainable development and sustainable tourism and the ability
provides an academically grounded analysis of sustainability, as to apply the concept of sustainable tourism in modern economies
well as providing the core knowledge required to decide upon, in conjunction with relevant professional staff.
implement and measure a sustainability initiative. Completion of
this unit will enhance understanding that managing sustainability MBA 6304: HOSPITALITY MANAGEMENT
is managing for the long-term. Hospitality refers to organisations that offer shelter, food and
potentially other services to people away from their homes
MBA 6203: PROJECT MANAGEMENT such as clubs, casinos and attractions. Whilst diverse, these
This unit aims to introduce students to the concepts of organisations share a number of management problems.
project management. At the end of this unit students will have
developed knowledge to apply a range of project management
tools and techniques. This unit is structured around the Project
BUSINESS PROJECT ELECTIVE (MBA STUDENTS ONLY)
Management Institute’s (PMI) ‘The Project Management Body of
Knowledge’, which is the sum of knowledge within the profession MBA 6400: BUSINESS PROJECT
of project management.
This is a practical based elective business project double-credit
unit. The business project may originate from large corporations,
MBA 6204: MANAGING THE QUANTITATIVE SUPPORT non-profit and government agencies, small businesses or
OF DECISION MAKING entrepreneurs in an area related to studies completed to date. The
Quantitative Support of Decision Making, or Management Science, students will select the area of a project based on a disciplinary
involves the use of mathematics and statistics to support decision- area that they are familiar with. Students will work closely with an
making in business. This unit provides students with an understanding academic staff member and a company staff member.
of the key methods and techniques in this discipline area.

MBA WITH TOURISM AND HOSPITALITY SPECIALISATION


MBA 6301: EVENT MANAGEMENT
This unit is concerned with managing a special kind of project
– the event. This involves initiation, planning, implementation,
employment of control and monitoring systems, evaluation and
legacy management. In discussing these steps those factors
that act to condition how they are undertaken are addressed,
including considerations linked to ethical and socially responsible
business practice.
VICTORIAN
INSTITUTE OF TECHNOLOGY
BUSINESS • INFORMATION TECHNOLOGY • HOSPITALITY • ENGLISH LANGUAGE

CALL TOLL FREE


+ 61 1300 17 17 55
email: MBAadmissions@vit.edu.au • web: www.vit.edu.au
“STUDENTS FIRST”

Corporate Office Melbourne Campus Sydney Campus


Level 14, 123 Queen Street, 123 Queen Street, 333 Kent Street,
Melbourne VIC 3000 Australia Melbourne VIC 3000 Australia Sydney NSW 2000 Australia
T 1300 17 17 55
www.vit.edu.au 235 Queen Street, Melbourne VIC
3000 Australia

118 Queen Street, Melbourne VIC


3000 Australia

The information contained in this prospectus is correct as at 18 June 2020. VIT (Victorian Institute of Technology) reserves the right to make changes
to this information at any time without notice. It is the responsibility of the reader to obtain the latest updates to this publication by contacting VIT
(Victorian Insititute of Technology).

© Copyright VIT (Victorian Institute of Technology) Australia 2019. All rights reserved. Publication version 19.0
Victorian Institute of Technology Pty Ltd trading as VIT (Victorian Institute of Technology)

CRICOS Provider Code: 02044E • RTO No: 20829 • TEQSA Provider ID: PRV14007 • ABN: 41 085 128 525

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