Master of Business Administration (MBA)
31 May 2021
13 Sep 2021
14 Feb 2022
This course is delivered by Torrens University Australia Ltd, ABN 99 154 937 005, RTO 41343, CRICOS 03389E.
What is an MBA?
Study at a top-ranked university
Our MBA is ranked Tier 1 and our online MBA is ranked in the top 20 globally by CEO Magazine.
Get more out of passionate academics
With the guidance of our industry-leading experts, you can find a placement in the field you love.
Customise your course so you can study online, on campus or a combination of both.
Course overview
This course is a candidate for accreditation with the ACBSP.
Career opportunities
Career paths
- Senior roles in management
- CEO
- Entrepreneur
- General Manager
- Board Member
- Head of Operations
- Head of Customer Service
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Career paths
- Senior roles in management
- CEO
- Entrepreneur
- General Manager
- Board Member
- Head of Operations
- Head of Customer Service
Subjects and units
8 core subjects (80 credit points):
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Financial Management | FIN600This subject is focused on how to use accounting and financial information for decision-making purposes. It is designed for the leader/manager who will be using, rather than producing accounting and 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 tradeoffs inherent in each alternative. The objective of this subject is for students to learn how to apply accounting and finance theory and principles to the analysis of important business problems, further developing their skills at using numerical analysis and research to support a line of argument.
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Management, People and Teams | MGT600Understanding 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 focusses 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. This subject also 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.
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Dynamic Leadership | MGT601
Leadership in modern organisations is a way of thinking and behaving. It is not necessarily a position in a hierarchy. Leadership is a process of energising, influencing and motivating others: up, down, sideways and diagonally. Becoming an effective leader requires self-awareness, self-management and a strong set of interpersonal communication skills, a set of capabilities that are often described as Emotional Intelligence (EQ). In addition, effective leaders think and act strategically, they build a climate for creativity and innovation, and are culturally sensitive and comfortable with ambiguity.
This subject focuses on developing your leadership capability and not leadership as a theoretical concept that applies to other people. It helps you explore your own leadership development and self-image, using the techniques of reflective research and supported by a mentoring partner. It guides you through the preparation of plan for your continued leadership and professional development that is consistent with your personal values, anchored by the academic literature and enables you to be authentic, confident and resilient in leading productive work places for the future.
Dynamic Leadership provides learning at the cognitive or intellectual level and at the affective or emotional level. It develops explicit knowledge of leadership (know-what) and the often-neglected tacit knowledge (know-how). -
Business Decision Analytics | MGT602Today's decisions have to be made quickly, individually and in groups, with what often appears to be ambiguous or too much data. How does one select, observe and distil the most pertinent data sets to make decisions that will positively impact tomorrow's firms and communities? This subject engages students in the nuances of data collection, how to filter data and how to use it most effectively in decision-making. The subject develops the student's qualitative and quantitative research skills, and digital literacy.
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Systems Thinking | MGT603This subject builds on systems theory and introduces students to a holistic view of the organisation and the broader ecosystem it operates in. It also introduces students to the basic principles of operations management in the context of Systems Thinking. Students will be exposed to Systems Thinking tools to diagnose and propose innovative solutions to contemporary business issues.
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Strategic Management | MGT604This subject explores sustainable approaches to managing the symbiotic relationship between organisations and their environments. Organisations are increasingly facing disruption and the basis for delivering products and services is rapidly changing. Sustaining performance requires careful management of business processes, fostering corporate competencies, and aligning the firm to its internal and external environment. The student will learn and then practice strategising through a number of theories and practical settings.
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Marketing | MKT60021st Century professionals who aspire to hold a leadership position must have a clear understanding and appreciation of the importance of marketing. This subject is designed to develop a comprehensive understanding of marketing theories and the practical application of marketing concepts and marketing strategies in various contexts including profit and not-for- profit organisations, including government. This subject equips students with marketing strategy formulation and the use of strategic marketing mix elements in developing and maintaining a market orientation and assessing organisational performance in relation to ethical and socially acceptable business practices.
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Business Capstone | MGT605
This subject enables students to demonstrate their ability to think strategically and apply the concepts and tools learned in the course to a setting of their choice. Students will apply investigative and specialised knowledge to that setting. The subject requires application of concepts, theories and knowledge to the development of management practice in a given context.
Students will prepare a project that has real-world consequences, one that will make an impact on the profession in their chosen community or sphere of influence. The project is to be practical- or research based and to make a contribution to theory or practice.
4 elective subjects (40 credit points) Recommended electives:
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Business Environment | MGT501
This subject introduces the student to the foundations of business. The focus of this subject is on providing fundamental concepts and context for students to enrich their mastery in subsequent studies while developing as a reflective practitioner. Students will examine the functional operations of business and the environments in which it operates. This may include analysing the economic, social, political, legal, technological and ethical influences on contemporary businesses. Students will also examine the viewpoints of internal and external stakeholders.
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Business Communications | MGT502This subject introduces students to the concepts of business communications and transferrable academic skills. This subject presents an analysis of the types of communication processes, which occur in the internal and external business environment, including an examination of the theoretical underpinnings of communication in business. Emphasis is placed on writing skills, reports and presentations and on using technology to communicate. The subject introduces students to research skills, information literacy, critical analysis, writing and language techniques. The aims of this subject are to provide knowledge and skills needed for success in Higher Education, to help students manage their own success and to assist them in reaching their academic potential.
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Employer Based Project | MGT606The Employer Based Project subject is a 4-unit postgraduate subject designed to facilitate work-integrated learning in the student’s current employment to be included in the volume of learning for the student’s currently enrolled program. Like any other subject, there is an expectation that the student will engage in 120 hours of active learning above and beyond their normal employment duties. This subject requires the student to undertake and document an original and new project that will be sponsored by and benefit the employer as well as demonstrably bridge the theoretical–praxis gap in the student’s knowledge. If approved, the student will be allocated an academic supervisor who will support the student in bridging knowledge and practice for the duration of the unit.
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Innovation Creativity and Entrepreneurship | MGT607This subject seeks to build the knowledge, skills and attitudes required to succeed as an ethical entrepreneur or 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. The subject allows students to practice skills, including creativity, cash-flow modelling, business model analysis and lean experimentation. Students prepare a business plan for a new venture, or an improvement to an existing enterprise, enabling them to integrate their theoretical and practical knowledge.
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Business Law and International Contexts | MGT608This 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.
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Organisational Best Practice | MGT610Benchmarking 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.
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International Business Strategy | MGT611As 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.
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Risk Management | MGT612The 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.
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Corporate Sustainability | MGT613This 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.
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Technology Strategy | MGT614Technology 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
Industry partners
We have a course partnership with the Australian Institute of Company Directions (AICD), which offers a pathway for students who have completed the AICD Diploma to have a subject credited towards their MBA at Torrens University Australia. We are proud of our expanding network of partnerships and welcome opportunities to build new ones.
Learning outcomes
- Master industry-standard business software to effectively analyse data
- Apply advanced business principles to solve complex problems
- Encourage teams and individuals in ethical decision-making
- Systematically evaluate business risk and communicate findings to a broader audience
Why study with us?
Choose your student type for entry requirements, fees and scholarships
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Domestic
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International
Admissions criteria and pathways: Domestic students
OR Successful completion of Graduate Certificate of Business Administration
Guaranteed pathway and Recognition of Prior Learning
If you have already completed a qualification you may be able to credit this against your degree with us, even if it’s from another institution. This is called Recognition of Prior Learning. We also offer pathway opportunities to further your learning.Fees: Domestic students
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Domestic fees
Check the Domestic Course Fee Schedule for the cost of your course.
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FEE-HELPEligible Australian students may choose to defer some, or all, of their tuition fees through FEE-HELP, a loan scheme repaid through the tax system based on income.
Scholarships: Domestic students
We’re serious about supporting your studies from start to success, which is why we offer the opportunity to earn a reduction in your course fees, so you can focus on getting into a career you’ll love.
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Scholarship types
How to apply: Domestic students
Get started
Read through the admissions criteria and ensure you meet the entry requirements.
Apply
It’s easy! Apply online below or contact us and we can help on 1300 575 803.
Offer
We’ll contact you shortly after to confirm your details and help you through the rest of the process.
Admissions criteria and pathways: International students
Before you get started with your course application, check you meet all the requirements listed below.
OR alternative entry requirement may be available. Contact the International Admissions team for more information.
Guaranteed pathway and Recognition of Prior Learning
If you have already completed a qualification you may be able to credit this against your degree with us, even if it’s from another institution. This is called Recognition of Prior Learning. We also offer pathway opportunities to further your learning.Fees: International students
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International fees
Check the International Course Fee Schedule for the cost of your course. Onshore international students requiring a student visa should choose campus-based / blended options.
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Fee payment
Course fees can be paid in 3 instalments, each instalment to be paid before the beginning of the academic stage census date.
Scholarships: International students
We want you to have the best possible chance to succeed, which is why we offer a range of financial scholarships to support our international students during their study journey.
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Scholarship types
How to Apply: International students
Get started
Read through the admissions criteria and ensure you meet the entry requirements.
Apply
It’s easy! You can apply online below or contact our International team on 1300 575 803.
Offer
We’ll contact you shortly after to confirm your details and help you through the rest of the process.
Frequently asked questions
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What does admissions criteria mean?
Admissions criteria is a set of criteria that must be met to be eligible to apply for a chosen course.
To gain entry to an accredited undergraduate course at Torrens University Australia, applicants must both satisfy general admissions criteria and meet any additional course requirements where specified.
All admissions criteria and course-specific requirements apply consistently across campus locations and study modes. To find out more, visit admissions criteria.
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What if I don’t meet the entry criteria for a degree?
Torrens University Australia has recognised pathways to help you gain entry into our bachelor degrees based on different criteria.
To find out more, visit Study pathways or contact one of our knowledgeable Course and Careers Advisors.
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Can I get course credit for previous experience?
Yes, course credit is available upon application and academic approval.
If you have already completed a qualification or have relevant work experience, you may be able to receive credits towards your degree. This credit can take the form of credit transfer, block credit or Recognition of Prior Learning (RPL).
Our Program Directors will carefully review the learning gained from your previous qualification and/or experience to ensure we provide you with credit towards our degrees whenever appropriate. Review our course credits page or chat to one of Course and Careers Advisors.
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What are course credits?
Course credits are credits that can be applied to your course based on your prior experience or qualifications. To find out more, visit course credits
.
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What are Torrens University Australia’s courses’ ATAR requirements?Torrens University Australia no longer considers ATAR (Australian Tertiary Admission Rank) as our primary entry requirement. We have removed ATAR as the key admissions criteria for applicants aiming to study at Torrens University Australia. We strongly believed an alternative to the ATAR system should be found, which more broadly assesses students, especially when soft skills are emerging as important employability attributes. So, students with a recent secondary school education are now considered for admission if they have a Year 12 (Australian secondary school) certificate.
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Am I a domestic or an international student?
Domestic students are Australian and Permanent Residents. International students are those who hold citizenship or Permanent Resident status of all other countries.
International students from countries whose first official language is one other than English need to provide evidence of English Language Proficiency.
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How do Torrens University Australia fees charge?
Torrens University Australia is a full-fee paying institution. To find out more, visit Tuition Fees.
Domestic students may be eligible for FEE-HELP. For more information on FEE-HELP, please visit: https://www.studyassist.gov.au/.
Please note we do not currently offer any full fee waivers for international students. We do not offer stipends or living allowances.
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How much are Torrens University Australia courses?
For a full list of tuition fees, visit Tuition Fees.
Remember, if you're an Australian citizen or permanent resident, your fees can be covered by FEE-HELP. You can find out more information on FEE-HELP on the StudyAssist website at https://www.studyassist.gov.au/fee-help or contact us and we can guide you through the process.
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Am I eligible for FEE-HELP?
To get a FEE-HELP loan, you must:
- be an Australian citizen and study at least part of your course in Australia, or
- be a New Zealand Special Category visa (SCV) holder or permanent humanitarian visa holder and meet the residency requirements.
- be enrolled in a fee-paying place at a provider that offers FEE-HELP loans
- be enrolled in an eligible course at your provider by the census date (your provider can tell you if your course is eligible)
- submit the Request for FEE-HELP form to your provider by the census date
- not have already borrowed up to your HELP loan limit.
Permanent residents can only get FEE-HELP for approved bridging studies.
If you are studying at a non-university, you will also need to meet the ‘pass rate’ requirements.
You can find out more information on the StudyAssist website at https://www.studyassist.gov.au/fee-help or speak to a Course and Careers Advisor and we can guide you through the process.
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Can I apply for FEE-HELP?
To be eligible for FEE-HELP you need to be an Australian citizen , and have a tax file number. You must also be studying at an approved higher education provider, such as Torrens University Australia.
You can find out more information on the StudyAssist website at https://www.studyassist.gov.au/fee-help or contact us and we can guide you through the process.
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How do I apply for FEE-HELP?
If you receive an offer from Torrens University Australia, and you meet the eligibility requirements, you may be eligible for FEE-HELP. You will need to complete a Commonwealth Assistance Form if you want to defer payment of some, or all, of your tuition fees. You will need to quote your tax file number or provide a Certificate of Application for a Tax File Number. The form must be completed before the due date.
You can find out more information on the StudyAssist website at https://www.studyassist.gov.au/fee-help or speak to our Course and Careers Advisors and we can guide you through the process.
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Is there a FEE-HELP limit?
For 2020, the HELP loan limit is $106,319 for most students. The Australian Government publishes the HELP Loan limit on their website.
FEE-HELP is a loan scheme that assists eligible fee-paying students to pay their tuition costs. Eligible students can borrow up to the FEE-HELP limit to pay their tuition fees. Note: Any loan fees that were applied to study prior to January 1, 2019 will not count towards your FEE-HELP limit.
Students repay the loan to the Australian Government through the tax system once a student reaches the minimum income threshold level for repayment, which for 2019-20 is $45,881.
You can find out more information on the StudyAssist website at https://www.studyassist.gov.au/fee-help or Contact Us and we can guide you through the process.
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What courses are available for FEE-HELP?To find out more, visit How to Apply.
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What is FEE-HELP?
FEE-HELP is a loan scheme that assists eligible full-fee-paying students pay their tuition costs.
You must be studying at an approved FEE-HELP provider in order to access a FEE-HELP loan, such as Torrens University Australia.
A FEE-HELP loan does not cover costs like accommodation, laptops or textbooks, and must be repaid once you start earning above a certain income threshold.
To find out more, visit the Study Assist website: https://www.studyassist.gov.au/help-loans/fee-help.
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Is there anything I can do to prepare for Torrens University Australia?
There are lots of resources to help you prepare for university life. Attend one of our workshops or events and get some tips firsthand from our industry-focused lecturers and current students.
The events programs range in topic and delivery mode, so there should always be one to suit your needs. At any time you can contact one of our Course and Careers Advisors to talk through your career goals. They can guide you on what to expect and how you can get prepared earlier. If you know exactly which course you want to enrol in, you could take advantage of the early entry program.
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What is the Early Entry Program?
The Torrens University Australia Early Entry Program has been created to allow you to apply and secure your place for your chosen course before you finish your Year 12 exams.
To find out more, visit Early Entry Program or email enquiries@tua.edu.au or phone 1300 575 803.
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How do I apply?
Applying is easy and can be done online by filling out the apply form. If you have any difficulty, please contact a Course and Careers Advisor, who can talk you through the process.
ALL SA/SACE and Victorian high school students must apply through SATAC and/or VTAC. Search for Torrens University Australia, Billy Blue College of Design or Blue Mountains International Hotel Management School. International applicants may also need to demonstrate compliance with relevant legislative requirements, for example, requirements for student visas (this does not apply for online study outside of Australia).
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How will I know if my application has been processed?Our Course and Careers Advisors will help you through every step of the application process and provide you with updates. If your application is successful, you will receive an offer letter via email.
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I am having trouble with my application. Who can help?Our friendly Course and Careers Advisors are available to answer all your questions and guide you through the application process. Fill out the contact us form and one of them will reach out to you.
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What are pathways?
All Torrens University Australia courses have specific entry requirements, but we also offer multiple pathways into courses when you don’t meet those entry requirements.
There are different pathways for different courses. For example, we offer a range of diploma courses which pathway into bachelor degrees in Business, Design and Creative Technology, Health and Hospitality. We also have graduate certificate and graduate diploma courses which pathway into masters courses in Business, Global Project Management, Sports Management, Health, Education, Design and Hospitality.
For more information on different types of pathways available, visit study pathways.
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How can I pay for my course?
Payment information will be outlined in your offer letter but there are a couple of different options:
- Upfront payment via credit card, BPAY, cheque or overseas bank account transfer
- Full or partial payment via FEE-HELP Government Assistance (domestic students only)
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What are the key dates for 2021?To find out more, visit Key Dates.
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What are the semester and term dates?
Torrens University Australia has three main intakes each year, usually during February, June and September. There are also a range of accelerated intake dates available, meaning if you just miss the start date, you don’t have to wait until the next intake.
You can apply any time throughout the year for the next intake start date – or a future start date if you are planning ahead. Different semester dates apply for Blue Mountains International Hotel Management School as well as some of our other courses.
To find out more, visit key dates.
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