Graduate Certificate and Graduate Diploma in Pharmacy Management leading to Master of Business Administration (MBA)

• General information
• Admission
  • Minimum English language requirements
• Credit exemptions
• Course structure
  • Professional track units
  • General management units
• Fees*
  • Unit fees
  • Amenities fees
  • Other fees
  • Transfer fee

General information

The Graduate Certificate and Graduate Diploma in Pharmacy Management are offered by flexible learning and are designed to equip course participants with the necessary management skills to meet the challenges facing the pharmaceutical industry and pharmacy profession in areas such as competition, privacy provisions, HR management and GST compliance.

Developed in partnership with the Faculty of Business and Economics, this course provides participants greater flexibility to exit with a graduate certificate, graduate diploma or continue on a pathway to the MBA at Monash University.

Admission

A relevant undergraduate degree, or satisfying the entrance requirements for the Monash MBA, plus two years of relevant post-degree work experience.

Minimum English language requirements

• English is your first language, or
• English was the language of instruction in secondary and/or tertiary studies completed, or
• International English Language Testing Service (IELTS) - minimum test score of 6.5, with a minimum of six for each individual band.

Credit exemptions

Applicants who have passed units at a postgraduate level at a recognised tertiary institution, deemed by the course director to be equivalent of Monash units, may be eligible for up to two units credited towards the graduate certificate/graduate diploma. Applicants who intend to seek exemptions in the MBA program are strongly advised to review the MBA credits policy.

Course structure

Participants may choose to receive an academic award at any of the following exit points. These awards are mutually exclusive, and only one award will be granted to each participant.

• GradCertPharmMgt: four units (minimum three professional track units) - two semesters part-time study
• GradDipPharmMgt: eight units (minimum six professional track units) - four semesters part-time study
• MBA: 10 core MBA units (and approved substitutes) plus six professional track/elective units - eight semesters part-time study, four semesters full-time

An accelerated program with summer and winter school is available.
All professional track units are by off-campus learning mode. They can be taken as single non-award units with transferable credit points for future award studies.
A limited number of units can be taken as electives beyond the core and professional track units. This will be considered on an individual basis.
Core MBA units are currently face-to-face, with regular weekly day or evening lectures at Caulfield.

Professional track units

• Pharmacy practice and planning (VCD1101)
• Introduction to health economics (ECX9700)
• Pharmaceutical economics (ECX9710)
• Pharmacy retail management (MKF9810)
• Marketing communication strategies for pharmacy (MKX9261)
• The Australian healthcare and pharmaceutical environment (VCD1102)
• Pharmacy risk management (VCD1103)

General management units

• Financial management (AFG9070)
• Introductory accounting (AFG9071)*
• Marketing theory and practice (MKX9160)*

* Off-campus learning units available to PMP participants as substitutes to core MBA units (MBA9004 and MBA9006).

On transfer to the MBA program, participants will have access to the following MBA core units:

• Managerial and leadership skills (MBA9001)
• Accounting for business (MBA9004)
• Managing people at work (MBA9008)
• Business analysis and planning (MBA9007)
• Corporate finance (MBA9005)
• Economics for managers (MBA9003)
• Information systems (MBA9009)
• Marketing (MBA9006)
• The legal environment of business (MBA9002)
• Strategic management (MBA5005)

For further information, contact the program coordinator, Centre for Continuing Education, Victorian College of Pharmacy, telephone (03) 9903 9017, fax (03) 9903 9521.

Fees*

Unit fees

Graduate Certificate/Graduate Diploma in Pharmacy Management - $1650 per unit ($2145 for international students).
MBA core units - $2100 per unit ($2475 for international students).

Amenities fees

Graduate Certificate/Graduate Diploma in Pharmacy Management - $63.
MBA - $81.50 per semester.

Other fees

Overseas postage and handling - $275 per annum.

Transfer fee

Participants who transfer from the Graduate Certificate/Diploma in Pharmacy Management to the MBA program with units AFG9071 and MKX9160 may be required to submit an additional assignment/assessment for these units. A transfer fee of around $1000 is payable to the MBA program.

* Monash University reserves the right to review and change all fees.

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