Monash University

Postgraduate - Course

Students who commenced study in 2012 should refer to this course entry for direction on the requirements; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course.

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NOTE: This course has been updated - please refer to the 2012 handbook change register for details.

This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics

Managing facultyBusiness and Economics
Abbreviated titleMBus
CRICOS code065381M
Total credit points required72
Standard duration of study (years)1.5 years FT, 3 years PT
Study mode and locationOn-campus (Caulfield)
Admission, fee and application details
Contact details

Graduate Student Office

Telephone: +61 3 9903 1400

Fax: +61 3 9903 1357


Course coordinator

Professor Gary Magee


  • Unit codes that are not linked to their entry in the handbook are not available for study in the current year.


This course provides an innovative and industry-focused graduate program, with a strong emphasis upon personal development, corporate governance and social responsibility. It will suit a wide range of prospective students including candidates without prior studies in business seeking foundation business skills, as well as mid-career professionals seeking to update their knowledge in traditional business disciplines or to extend their skills. The program also offers the option of completing a specialisation in vital areas of business practice such as advanced marketing, information technology, marketing, risk management and supply chain. Students can expect to graduate from this program with a distinctive set of personal and technical skills which will enable them to assist businesses confront the increasing social and environmental constraints ahead. It can also provide a research pathway for students interested in higher degrees by research.


The Master of Business aims to produce graduates who will:

(a.) be critical and creative scholars who:

  • produce innovative solutions to problems
  • apply research skills to business challenges
  • communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

  • engage in an internationalised world
  • exhibit cross-cultural competence
  • demonstrate ethical values

(c.) have a comprehensive understanding of contemporary business issues and be able to provide balanced solutions relevant to the business, professional and public policy communities we serve

(d.) have advanced knowledge to masters level of the social context of business activities.

Credit for prior studies

Students may be eligible for credit for a maximum of six units if previous study is considered to be equivalent to particular units in this course.

All credit is restricted to study undertaken in the last five years and must be approved by the course director.

Maximum credit allowed

36 credit points

Research component

An optional research pathway is available.


The course structure has three main components:

  • a set of core units which provide a foundation in the key areas of personal development and corporate social responsibility
  • a set of core business units
  • six open electives which may be used to complete a specified specialisation, other business studies, or a research component.


The degree requires completion of 12 units (72 points) as follows:

(a.) Four units (24 points) from the following list:

  • BTX9020 Business law
  • ECF9530 Economics
  • ETX9000 Business and economic statistics
  • GSB9004 Accounting for business
  • MGX9600 Managing people and organisations
  • MKX9550 Marketing and the international consumer*
  • MKX5641 Advanced marketing communication.**

* This unit should not be taken by students intending to complete the Advanced Marketing specialisation and cannot be counted towards the completion of this specialisation.

**This unit is only available to students who have completed the specified unit prerequisite or can demonstrate to the satisfaction of the course director, the completion of an undergraduate major in marketing.

(i.) One unit (6 points) from the following list:

  • GSB9001 Personal development - critical thinking and communication
  • GSB9002 Personal development - managing self and relationships.

(ii.) One unit (6 points) from the following list:

  • MGX5020 Business ethics in a global environment
  • MGX5030 Corporate social responsibility.

(b.) Six units (36 points) selected according to specialisation, or six units (36 points), at least four (24 points) of which must be from the Faculty of Business and Economics, subject to Course Coordinator approval.

Additional degree requirements:

  • Students must study a minimum of four 5000-level units.

Areas of Study

Progression to further studies

This degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application.

Alternative exit(s)

Students wishing to exit the Master of Business early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:

  • Graduate Certificate in Business after successful completion of 24 points of study
  • Graduate Diploma in Business after successful completion of 48 points of study.


Master of Business

Where more than one award is listed, or in the case of double degrees, where more than one award is listed for one or both components of the double degree, the actual award(s) conferred may depend on units/majors/streams/specialisations studied, the level of academic merit achieved (eg in the case of 'with honours' programs), or other factors relevant to the individual student's program of study.