Master of Business Administration

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Develop critical strategies to guide your business and employ dynamic leadership skills.

The Master of Business Administration (MBA) course is designed to develop your cognitive, technical and creative skills to make effective decisions in a global context. You will develop strong business acumen which will help you to lead people, teams and businesses and enhance your career prospects. Discover how you can apply your knowledge and skills instantly in your current workplace or a new entrepreneurial venture.


Key study outcomes

  • Apply current theories across business disciplines
  • Encourage team and individual ethical decision making
  • Proficiently use business software to effectively analyse data
  • Apply advanced business principles to complex problems to determine solutions
  • Organise, conceptualise, and analyse complex business issues
  • Systematically evaluate business risk

Choose your degree type

Master of Business Administration

The Master of Business Administration (MBA) course is designed to provide experienced business professionals with flexible study options to enhance their knowledge and skills and also enhance their career prospects. The MBA and MBA Advanced have a practical and interdisciplinary focus with the themes of teamwork, sound and ethical decision making, and strategic planning being key features of the program.

The MBA culminates in a strategic management capstone project where research skills are consolidated and applied to a strategic business problem.

Master of Business Administration (Advanced)

The MBA (Advanced) is available in Sydney, Melbourne, Brisbane and Adelaide.

The MBA (Advanced) is designed specifically for international students and those who wish to complete a 2-year program studied full-time. The MBA (Advanced) is an elongated MBA program that provides you with an advanced body of knowledge to the changing business environments in which you aspire to work and manage.

Choose your specialism

Choose between 2 specialisms as part of an MBA or MBA (Advanced):

  • Technology Management enables students to obtain recognised expertise in the current and future impact of technology on business. The curriculum has been developed and delivered by leaders in the fields of Engineering, Science, IT and technical professions.
  • Project Management enables students to obtain recognised expertise in the management and leadership of projects. The curriculum has been developed and delivered by leaders in the fields and we display an impressive cohort of graduates in management roles in Mining, Architecture, Project Management and Engineering.

Course Essentials

CRICOS Code: 086346G

Duration

  • Full-time: Full-time: 1.5 yrs (1 yrs accelerated)
  • Part-time: Options available

Intakes

  • February, June, September

CRICOS Code: 088149G

Duration

  • Full-time: 2 Years
  • Part-time: Not Available

Intakes

  • February, June, September

English

International students may require an English Language score (IELTS or equivalent) in order to gain entry to the course. Please check the Entry Requirements below.

International Admissions

Torrens offers a free, personalised admission process where each applicant is considered on an individual basis. Please contact our International Admissions Officer to have your previous studies assessed for equivalence.

We’re Here to Help

Torrens University Australia is an inclusive institution that celebrates diversity in its student community. We provide international students with assistance in finding accommodation, academic support, counselling services and language assistance.

Please read our International Student information or contact us with any questions about studying at Torrens or living in Australia.

A bachelor degree (AQF7) or above in any discipline from an Australian institution or a recognised equivalent qualification and 3 years of relevant work experience.
OR
A Graduate Certificate of Business Administration from Torrens University Australia (or from another institution if deemed equivalent).


English Language Proficiency Requirements

To gain entry into a course at Torrens University Australia, domestic and international applicants must satisfy the University’s English Language Requirements.

Approved English language tests include:

  • IELTS 6.5, with no sub score less than 6.0
  • TOEFL 79
  • PTE 60
  • CAE 58

Contact a Course and Career Advisor for more information on the course entry criteria.

Torrens University Australia operates on a trimester system comprising of 3 study periods per year.

It is expected that each subject, whether studied online or on-campus, will involve a combined total of 120 hours of structured and self-directed learning.

Contact a Course and Career Advisor for more information on full-time and part-time workloads.

Credit towards the Master of Business Administration will not be granted for undergraduate subjects, or for prior learning that does not lead to a recognised AQF qualification.

Applicants with relevant AQF8 or higher qualifications from an Australian institution or recognised equivalent qualifications may be eligible for specified credit for MBA subjects with similar content and learning outcomes. Applications for specified credit will be assessed on a case-by-case basis. The maximum amount of specified credit that will be granted towards the MBA is 24 units (6 subjects), or 30 units for the MBA Advanced.

Candidates may request to substitute up to 3 core subjects for elective subjects if they have completed subjects that lead to AQF Level 7 or above qualifications or recognised equivalent qualifications which have a significant overlap of content with the substituted courses.

Contact a Course and Career Advisor for more information on credit transfers from prior study.

Fees*

Contact a Course and Career Advisor for our most up-to-date fees.

You may also be eligible for FEE-HELP.

Scholarships

Torrens offers limited number of scholarships each trimester, ask a Course and Career Advisor if you’re eligible.

Key Dates

Torrens operates on a trimester system and has 3 intakes a year in February, June and September. Click to see a list of specific key dates

Members of Professionals Australia may receive a further 10% fee-reduction scholarship upon application.

* Torrens University Australia reserves the right to increase fees by up to 10% in each calendar year to cover increases in the cost of course delivery. The total course cost will depend on the duration of the course and whether a student studies full time or part time.

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SUBJECTS

Your subject selection will depend on which degree option you choose:

Master of Business Administration

The Master of Business Administration is comprised of 8 core subjects and 4 elective subjects (48 units in total). As part of the course, you can choose 4 elective subjects within one of the specialisation streams of Technology Management (M) or Project Management (P)

OR

Master of Business Administration (Advanced)

The Master of Business Administration (Advanced) includes a specialisation of Technology Management (T) or Project Management (P). Each specialisation is comprised of 4 subjects. As part of the course, you must complete 8 core subjects, 4 subjects within one of the specialisation streams and choose 4 elective subjects (64 units total)

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Core Subjects

 Dynamic Leadership

Being an effective and genuine leader in a dynamic era requires an understanding of leadership concepts, how leaders think and act, and how various management styles impact situations and relationships within an organisation. Being a dynamic leader also demands a strong set of competencies such as motivating self and others, leading creativity in an organisation, cultural intelligence, and navigating ambiguity. This subject provides students with a foundation of leadership theory, styles, and approaches, and an opportunity for students to assess and build on their own leadership styles throughout the course.

 Economic Principles and Decision Making

Business leaders are expected to make considered and rational decisions that take cognisance of the complex competitive and often volatile environment in which they operate. This subject explains the micro and macroeconomic context needed for making these decisions. It also outlines how institutions, particularly the government and regulatory authorities, shape and constrain that environment. By the end of the subject, students will be able to use economic theories to help them make decisions about the optimal allocation of business resources and to understand the potential impact of regulatory and economy-wide changes on their business environments.

 Financial Management

This subject is focused on how to utilise financial information for internal decision-making purposes. It is designed for the leader who will be using, rather than producing financial information. This subject also addresses the various types of financial decisions that leaders must make, and the strategies necessary to anticipate the alternatives, evaluate the advantages and disadvantages of each and recognise the trade-offs inherent in each alternative. The objective of this subject is for students to learn how to apply finance theory and principles to the analysis of important business problems. Specific topics will include capital budgeting, cost of capital, risk, capital structure, payout policy, and enterprise valuation.

 Influencing and Making Decisions

Being a leader in a dynamic era requires educated judgement and decision-making skills. How do leaders collect the most pertinent and important information to make decisions that impact human and financial capital? On what basis are decisions made? This subject engages students in the nuances of data collection, how to filter data and how to use it most effectively in decision-making. Students will apply decision-making theory and behavioural economics to a range of case studies to acquire situational-based leadership, judgement and decision-making skills.

 Management Perspectives

Understanding organisational behaviour, politics, dynamics and environments and how they impact on the role and legitimacy of the management function is the core of this subject. This subject helps individuals understand the constraints they face as managers and emerging leaders and how they can develop strategies to leverage advantages and overcome constraints and barriers in their organisations. The subject also focuses on developing some of the advanced communication skills necessary in management and leadership roles, and the ability of the individual to influence others. The subject introduces students to the concept of naturally occurring data and qualitative analysis.

 Managing People & Teams

This subject focuses on the development of knowledge and skills to enable students to identify, analyse and make effective decisions to resolve people- related issues in organisations, facilitate employee development, and develop and sustain effective teams in complex, diverse, and increasingly global operating environments. Topics include strategic human resource management, organisational design, culture and ethics, organisational behaviour, motivation and performance management, retention and succession planning, and organisation, project and functional teams. Students will focus on group based research methods in this subject including the use of focus groups, surveys and other instruments that provide data about group samples.

 Marketing

21st Century professionals who wish to achieve a position of leadership must have a clear understanding of the importance of marketing and a grasp of effective marketing practices. This subject provides an overview of both marketing theory and the practical application of innovative marketing strategies. Students will also come to understand how product, price, place, and promotion contribute to the marketing mix as they explore research-‐‐based insights into consumer behaviour. This subject focuses on research methods relating to samples and inference, particularly with regards to market research data collection and analysis.

 Strategic Management Capstone

This subject is the culminating experience for the MBA course. Drawing on concepts covered in other subjects, the capstone focuses on developing students' strategic thinking to build and sustain competitive advantage in organisations. Specifically, students are exposed to the frameworks and tools used to develop and evaluate business strategies, including industry analysis and analysis of a firm's competitive advantage, resources and capabilities. This subject also addresses the issues of business scope, diversification, and managing strategic change. A final project enables students to demonstrate their ability to think strategically and apply the concepts and tools learned in this subject to an organisation of their choice.

Prerequisites: All core subjects in the MBA course.

Elective Subjects

 Advanced Project Management (P)

This subject develops the ability of project managers to analyse a project need and pitch for a project management assignment through the creation and presentation of a tender document. It prepares students for the reality of working as an internal or external project management consultant. Prerequisite: Principles of Project Management

 Business Law and International Contexts

This subject introduces students to the law, the role of the law and the impact the law has in its operation on managerial and business practice. Contract, tort, intellectual property, agency and employment law are considered, as well as means and methods of considering dispute resolution. How these are contextualised internationally is explored.

 Corporate Sustainability

This subject is underpinned by notions that are measured by the triple bottom line: economic, social and environmental costs and benefits. The subject explores the competitive advantage to be gained through sustainable practices and requires students to develop a sustainability strategy for an organisation of their choice. This subject explores the issues of social justice and human rights more fundamentally than other subjects as sustainability issues for the future.

 Elective from Master of Global Project Management (P)

Click here to see a list of elective subjects for the Master of Global Project Management.

 Employer Based Project (T) (P)

This subject will enable students to apply their research skills to solving a managerial problem in their work context to utilise a work related project opportunity that has arisen from their progress on the MBA in their workplace. In an applied research project, students will analyse a real-world management problem of which he or she has experience or has been able to observe, such as poor financial performance, resistance to organisational change and loss of market share. The students are expected to analyse the problem in terms of relevant concepts and develop feasible options for solving the problem. The subject will contain a research methods component.

Alternatively, students may use an organisational development opportunity being afforded to them by their organisation through some form of corporate training as the basis for this unit report. In this instance the assessment will be the application of the additional training to their work and an impact analysis of the training on their practice.

Both options require elements of research methodology to be applied in the context of their workplace.

Prerequisite: At least 32 units of MBA subjects.

 Engineering Risk Management (T)

While the context of this subject is engineering, the content is applicable to other contexts and industries. The subject focuses on risk management, risk assessment and risk mitigation plans, including the necessary communication plans and skills to ensure that incidents and risks are managed as safely as possible in a controlled manner. The value of such activities is critically analysed to ensure that the effort expended is appropriate to the size of the risk.

 Innovation, Creativity and Entrepreneurship

This subject seeks to build the knowledge, skills and attitudes required to succeed as an entrepreneur. These knowledge and skills are then applied to identify and evaluate innovative high-growth product and service opportunities in the context of a start-up, a corporation, a not for profit or a government institution. This subject equips students with practical skills, including creativity tools, cash-flow modelling, business model analysis and lean experimentation. Students prepare a business plan for a new venture, enabling them to integrate their theoretical and practical knowledge.

Prerequisite: Financial Management

 International Business Strategy

As business becomes increasingly global with the use of the internet making all goods available everywhere, the better prepared an organisation is for international markets, the more successful it is likely to be. This subject focuses on the risks, strategies, and implementation of international business plans, requiring students to both evaluate current practice and develop an international strategy for their own organisation or organisation of their choice.

 Management Information Systems (T)

The use of, control of, manipulation and presentation of data in organisations is becoming increasingly important in the management of stakeholder expectations. This subject explores the role of managing information systems, the impact of technological change on the management of information, and the risks associated with poor information management. Students work with case studies and scenarios to develop strategies for reviewing management information systems in their own contexts.

 Operations Management

This subject examines the key issues currently facing all organisations when creating products and services for highly competitive and rapidly changing markets. Outperforming competitors will require building a sustainable competitive advantage around operations through the design of operations processes, and the operation of these processes. Students will gain an understanding of the theories, concepts and models that support operations from a strategic perspective, design, measurement and performance management of operations, key implementation decisions, supply chain management, the impact of e-commerce and technology, and analysis, decision-making and communication of outcomes to diverse audiences.

 Organisational Best Practice

Benchmarking and the ability to collect, analyse and present benchmarking data to influence organisational decision making is a core competence for many organisations. This subject develops students’ analytical skills and understanding of benchmarking processes and procedures before supporting them in a benchmarking exercise of their own.

 Principles of Project Management (P)

The process of creation, from conception through distribution, is complicated and requires a diverse set of management skills. Students in this subject are introduced to the knowledge, tools and techniques needed to manage projects successfully throughout a project life cycle, and to the language used by practitioners in conjunction with the terminology recognised by the Project Management Institute (PMI). Students explore the project management knowledge areas and process groups of the Project Management Body of Knowledge (PMBOK) guide. Students also examine the ways these two dimensions of project management interact in initiating (scoping), planning, executing (launching), monitoring and controlling, and closing a project.

 Technology Strategy (T)

Technology impacts on most everything that we do in organisations, how we do deliver and perform, and how efficiently we manage our operations. Technology strategy therefore focuses on making the right decisions about the deployment of technology in line with business strategy and the risks associated with making the wrong technology decisions. The subject employs a range of research methods to draw up scenarios for decision making, and requires the students to present the case for a technology innovation strategy to a board of stakeholders.

Prerequisite: Management Information Systems

Technology Management Specialisation

To specialise in Technology Management, MBA (Advanced) students must include the following elective subjects:

  • Management Information Systems (T)
  • Engineering Risk Management (T)
  • Technology Strategy (T)
  • Employer Based Project (T) (P)

Project Management Specialisation

To specialise in Project Management, MBA (Advanced) students must include the following elective subjects:

  • Principles of Project Management (P)
  • Advanced Project Management (P)
  • Employer Based Project (T) (P)
  • Elective from Master of Global Project Management (P)