Top 3 MBA Programs in Australia

posted in: Business, Ducere, Griffith, SCU Online, UC | 0

The top 3 online MBA programs in Australia allow you to study for a great degree at your convenience. They give you the combination of academic excellence and learning where and when it suits you.

Why Get an MBA Online?

  • Reasons for taking an MBA course are many, including personal development, challenging yourself, and career (salary) advancement.
  • Online MBA programs are non-disruptive, flexible and affordable.
  • You can usually test the program by doing 4 initial units (which earns you a Graduate Certificate).

A 100% online program is a good option for busy people. You can study when it suits and at whatever pace is manageable.

Why Get an MBA Degree?

Studying for a Master of Business Administration can force you out of a comfort zone and set you on a new learning path.

  • It challenges your professional concepts and practices.
  • Students deal with the latest issues and apply the newest management techniques.

It is generally easier to take on or be considered for leadership positions if you have an MBA education behind you.

  • Graduates are familiar with leadership, business, and management philosophies. These can be applied to almost any leadership role.
  • Completing an MBA program signals interest and ambition in business development, strategy and management.

Further reading: 10 reasons (for doing an MBA)

Online Study Modes

Online MBAs traditionally operate in parallel with an on-campus program. That means online students have the same curriculum as those physically attending classes.

But there are also an increasing number of purpose-built (modular) online courses. They offer special features.

  • Modular programs are designed for maximum flexibility.
  • You can start at different times of year.
  • Full use is made of digital learning and communication technologies.
  • Assessment is continuous (instead of relying on end-of-semester exams).

Employers worldwide are looking for management professionals with the proven ability to identify new opportunities for innovation, improve performance and sustain growth. They see hiring MBA degree holders as a smart investment, and they’ll pay a premium for professionals who hold the credential.

Eligibility

If you have a business degree, you should be able to get into most online MBA programs. Ideally, you should have professional experience as well.

If you have a non-business degree, you may need to complete a Graduate Certificate.

If you don't have a degree, consider:

  1. applying for an MBA pathway course (GradCert) based on experience or
  2. doing a business administration diploma.

Advantages of Online Programs

The advantages of studying for an MBA degree by distance learning start with convenience.

  • You don't have to live near the business school. In fact, you can study with any online business school that will accept you, however far away. You also don't have to travel to classes – an important time saver for students who want to combine study with work/family responsibilities.
  • Online MBA courses also offer flexible scheduling. The use of asynchronous technology, such as message boards and email, means you can work at your own pace. Any real-time (synchronous) aspects of the program, such as video conferencing, can be completed from home without having to make special arrangements.
  • Online degrees can be fast tracked by studying continuously over the year – doing 3 semesters rather than the normal 2. Distance education universities in Australia operate on a tri-semester calendar, allowing students to routinely study over the summer months. Modular online programs are also available. These allow you to start at different times and study year round.
  • Online MBAs are also cheaper than on-campus ones. While most universities have the same tuition fees for online and on-campus courses, universities that specialise in distance education set lower tuition fees generally.
Woman studying online outside at a cafe.

Online degree programs are an excellent option for busy individuals who want to earn a degree, but find it difficult to fit fixed class schedules into their lives. The flexibility of being able to work school into your life instead of trying to arrange life around school makes earning a degree possible for many.

Australia's Best Online MBAs

Online Study Australia presents only the best courses and that's what we've done here. The top online MBA programs shares some things in common.

  • They all are delivered by good MBA business schools with flexible programs.
  • For established courses, ratings by management graduates in each of the schools are high.
  • And each program takes 3 semesters worth of study for the typical student.
  • As an added bonus, because they are online, these degrees are more affordable (have lower tuition fees) than MBAs at most Australian universities.
Business managers in an administration meeting.

University of Canberra MBA

The University of Canberra has teamed with Ducere Global Business School to offer Australia's most engaging online MBA. It is ideal for business professionals who don't want to sit theory-based exams. You collaborate online with fellow MBA candidates on projects, learning from each other and industry partners. The focus is on real-world experience and building specific competencies. You also receive excellent study support from the Business School. Included in the program package is access to exclusive talks from business and world leaders.

SCU Online MBA

SCU Online has a 100% online MBA delivered on a modern learning platform. The affordable program is flexible, with 6 start points per year and short modules. You can choose to do a general business program or major in: accounting, health services management, information and knowledge management, or managing and leading people. SCU Online programs are purpose-built for distance learning.

Griffith MBA

Griffith University offers a value-based MBA that’s popular with students. The 12-unit online program emphasises the principles of responsible leadership, sustainable business practices and global orientation. Students work through units sequentially, collaborating in forums and on occasional group projects. With 6 study periods each year, you are able to earn your MBA in 2 years of part-time study.

6 Top CEOs who have an MBA

Each of these CEOs leads one of Australia's top 20 (S&P/ASX 20) listed companies. Something they all have in common is an MBA education.

  • The top CEOs did a variety of undergraduate degrees, including commerce, economics, engineering, law and science.
  • At some point, each decided to get an MBA to improve their business knowledge and credentials.
Andrew Thorburn.

Andrew Thorburn, NAB

MBA (Durham),
BCom (Economics)

NAB CEO since Aug 2014.
Previous: CEO, Bank of New Zealand

Tom Gorman.

Tom Gorman, Brambles

MBA (Harvard),
BA (Economics & International Relations)

Brambles CEO since Nov 2009.
Previous: President, Ford Australia

Scott Charlton.

Scott Charlton, Transurban

MBA (Texas),
BSc, BEng (Elec)

Transurban CEO since Jul 2012.
Previous: COO, Lend Lease

Andy Penn.

Andy Penn, Telstra

MBA (Kingston),
Advanced Management Program (Harvard)

Telstra CEO since Mar 2015.
Previous: CFO, Telstra

Brad Banducci.

Brad Banducci, Woolworths

MBA (UNSW),
LLB, BCom

Woolworths CEO since Feb 2016.
Previous: MD, Food Group

Peter J Coleman.

Peter J Coleman, Woodside

MBA (Deakin),
BEng (Monash)

Woodside CEO since May 2011.
Previous: VP, Development Group, ExxonMobil

There are 2 types of students: Those who want a degree and those who want an education. And there are 2 types of graduates: Those who believe doors open just because they have an MBA, and those who realize there is hard work ahead. An MBA will help those who want an education and are willing to keep working.

Just a week after Bloomberg released data that showed MBA graduates who switched careers getting a $55,000 increase over their pre-MBA pay, The Financial Times weighed in with its own data set on salary. The compensation numbers–for alumni three years out of an MBA program–was even more impressive.