Postgraduate handbook 2005 - Pharmacy

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

Course codes: 3451; 3452 ¸ Course abbreviation: PharmMgtCert/PharmMgtDip ¸ Off-campus (Parkville)

Course description

The Graduate Certificate and Graduate Diploma in Pharmacy Management are designed to equip course participants with the management skills necessary to meet the challenges facing the pharmaceutical industry and profession in areas such as competition, privacy provisions, HR management and GST compliance.
Developed in partnership with the Faculty of Business and Economics, these courses provide participants with greater flexibility to exit with a graduate certificate, graduate diploma or continue on a pathway to an MBA.

Entry requirements

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

Minimum English language requirements

• English is the 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 6 for each individual band, or
• American Test of English as a Foreign Language (TOEFL) - minimum score of 5, or a computer-based TOEFL score of 237 with an essay rating (ER) score of 5.

Advanced standing

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 granted advanced standing for up to two units towards the graduate certificate/graduate diploma. Applicants intending to seek advanced standing 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.

• Graduate Certificate in Pharmacy Management: four units (minimum three professional track units) - two semesters part-time study
• Graduate Diploma in Pharmacy Management: eight units (minimum six professional track units) - four semesters part-time study
• Master of Business Administration: 10 core MBA units (and approved substitutes) plus six professional track/elective units - eight semesters part-time study, four semesters full-time

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 campus.

Professional track units

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

General management units

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

* Off-campus 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:

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

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