Postgraduate - CourseMaster of Business

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 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.

These course outcomes are aligned with the Australian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate AttributesAustralian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate Attributes (http://monash.edu/pubs/handbooks/alignmentofoutcomes.html).

Upon successful completion of this course it is expected that graduates 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 master's level of the social context of business activities.

Students may be eligible for credit to a maximum of 50 per cent of the course requirements for previous graduate level studies. Credit or exemptions up to a maximum of 24 credit points may be granted for bachelor degree level qualification in business and a further 24 credit points may be granted for honours degree level qualification in business.

48 credit points

The course has three main components:

• a set of six core units which provide a foundation in the key areas of personal development and corporate social responsibility
• a specialisation from those listed under 'Areas of Study' or six units from the Faculty of Business and Economics
• elective units.

Students complete one of the following structures as determined by any credit granted for prior studies. Students who have completed an:

• undergraduate degree with a major in business must complete twelve units (72 points) from sections (b.), (c.) and (d.)
• honours degree not in a relevant discipline must complete twelve units (72 points) from sections (a.), (b.) and (c.)
• honours degree with a major in business must complete eight units (48 points) from sections (b.) and (c.).

Students must complete 16 units (96 points) as follows:

(a.) four units (24 points) from the following:

• ACF5903 Accounting for business*
• BTF5903 Law and business decisions
• ECF5953 Economics
• ETF5900 Business statistics
• MGX5962 Foundations of management
• MKX5955 Marketing and the international consumer

* This unit is a pre-requisite for a unit in the project management specialisation.

(b.) the following units (12 points):

• MGX5991 Personal development - critical thinking and communication, or MGX5992 Personal development - managing self and relationships
• MGF5020 Business ethics in a global environment, or MGF5030 Corporate social responsibility

(c.) one of the following options (36 points):

(i.) six units in a postgraduate specialisation from one of those listed under 'Areas of study'

(ii.) 36 points of graduate-level units, at least 24 points of which must be from the Faculty of Business and Economics

(d.) elective units (24 points) from any of the 'Areas of study', or from the Faculty of Business and Economics subject to pre-requisite requirements.

Graduate-level units and electives can be identified using the browse units toolbrowse units tool (http://www.monash.edu.au/pubs/handbooks/units/search) and index of units offered by the facultyoffered by the faculty (http://www.monash.edu.au/pubs/handbooks/units/index-byfaculty-bus.html) in the current edition of the Handbook. The level of the unit is indicated by the first number in the unit code; postgraduate units are those that commence with the number 5. Students must be able to meet any unit prerequisites.

Refer to the postgraduate-level entries for:

• Information technology
• Law and responsible business
• Managing human capital
• Marketing
• Responsible management
• Risk management
• Supply chain management
• Project management

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.

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:

• 1679 Graduate Certificate in Business after successful completion of 24 points of study
• 3848 Graduate Diploma in Business after successful completion of 48 points of study.

Master of Business