Go To Businessweek.com
Full-Time MBA Profile Publish Date 05/27/12

Monash University

Faculty of Business & Economics

  • Program Basics

      • The Monash MBA
      • Monash University, Department of Management
      • 27 Sir John Monash Drive
      • VIC
      • Caulfield East, 3145
      • Australia
      • Program Web site: http://www.mba.monash.edu.au/
      • Status: Public
      • Program e-mail address: mba@monash.edu.au
      • Graduate business school is accredited by:
        • Association of MBAs (AMBA)
        • EQUIS

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 38
      • Full-Time MBA: 8
      • Part-Time MBA: 30

  • PROGRAM COSTS

    • Total direct costs (tuition and required fees) of the entire MBA program:

      • Resident: $59,785.00
      • Nonresident: $62,938.00
      • Recommended annual budget (Resident): $57,915.00
      • Recommended annual budget (Nonresident): $59,471.00

  • PROGRAM LENGTH

      • Full-time program (months): 24

  • ADMISSIONS

    • Application Deadlines

      • Semester: Winter 2011
      • Deadline: Dec 2, 2011
      • Does the program have rolling admissions? No
      • Is proficiency in English required for admission? Yes
      • Is a minimum score on an English language proficiency test required? Yes

    • Which English language proficiency tests are accepted?

        • IELTS
        • TOEFL Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL score required for MBAs: 600

    • Relative Importance of Application Elements:

      • GMAT Score: Not Considered
      • Resume/Work Experience: Very Important
      • Application Essays: Important
      • Interviews: Considered
      • Recommendations: Considered
      • Undergraduate Transcripts: Very Important

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 218
      • Applicants who were accepted to the most recent class: 14 %
      • Admitted applicants who enrolled in the newest class: 19 %
      • Applicant interviews are: By invitation only
      • Applicants (admitted and denied) who were interviewed: 5 %
      • Admitted applicants who were interviewed: 1 %

  • APPLICANT POOL

      • International applications received: 81 %
      • Applications from women received: 31 %

  • CLASS PROFILE

    • Full-time students in newest entering class (2010-2011) that are:

      • Female: 17 %
      • International: 67 %
      • Mean months of work experience of newest entering class: 136
      • Median months of work experience of newest entering class: 108

    • Middle 80% range of work experience of newest entering class in months:

      • From: 60
      • To: 120
      • Median age of entering class: 36
      • Mean age of entering class: 36

  • FINANCIAL AID

      • Full-time MBAs apply for financial aid through: Central financial aid office at the university
      • Full-time MBAs who applied for financial aid for the current academic year: 33 %
      • Full-time MBAs receiving financial aid in the current academic year: 50 %
      • Mean MBA financial aid package for the current academic year: $29,813.00
      • Median MBA financial aid package for the current academic year: $75,519.00
      • On what basis are scholarships awarded?
        • a combination of need and merit
        • academic merit
        • financial need
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? Only to domestic students
      • Mean outstanding debt among the most recent graduates from the full-time MBA program: $59,785.00

  • GMAT

      • Are applicants required to take the GMAT? No
      • Are applicants allowed to submit the GRE? No
      • If not, how are applicants' quantitative abilities checked before enrollment? Entire academic record (weighted average mark, WAM, of 65% or equivalent GPA preferred)

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 45

    • Concentrations and specializations offered to full-time MBA students:

        • Consulting
        • Finance
        • Management Information Systems
        • General Management
        • Marketing
        • Supply Chain Management
        • Accounting
        • Human Resource Management
        • Strategy
        • Economics
        • Organizational Behavior
        • Corporate Social Responsibility
        • International Business
        • Portfolio Management
        • Industrial Management
        • Statistics and Operations Research
      • Negotiation, Ethics, Reflective Learning, Networking
      • Does the school offer an accelerated full-time MBA program? Yes

    • The school believes that its leading areas of study for full-time MBA students are:

        • Corporate Social Responsibility
        • Finance
        • Leadership
        • Strategy
        • Accounting

  • FACULTY

    • Full-time faculty:

      • Tenured: 22

    • Adjunct/Visiting Faculty:

      • Tenured: 2

    • Women on Faculty:

      • Tenured: 6

    • Minority Faculty:

      • Tenured: na
      • Non-Tenured: na

    • International Faculty:

      • Tenured: na
      • Non-Tenured: na

    • Faculty with PhDs:

      • Tenured: 18

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 6 %
      • Experiential Learning: 21 %
      • Lectures: 48 %
      • Simulations: 2 %
      • Team Projects: 11 %
      • Other: 2 %

    • Requirements for graduation:

        • Students must complete a company-specific project and present results to relevant parties
        • Students must have attended a minimum number of classes
        • Other
      • Pass all subjects

  • TECHNOLOGY

      • Technology improvements in the last three academic years: A purpose-built MBA suite comprising of lecture theaters, student lounges, reading rooms, syndicate rooms and breakout facilities, all equipped with WI-FI computing and state of the art audio-visual technologies.

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 3,500
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Does the main university offer career placement services for alumni? Yes
      • Does the main university have an alumni networking Web site? Yes
      • University alumni networking site: http://www.monash.edu.au/alumni/
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://www.mba.monash.edu.au/alumni/alumni.html
      • Does the B-SCHOOL offer career services for alumni? Yes
      • Do current MBA students have access to an alumni database? No

  • CAREER SERVICES

      • Graduates seeking full-time professional MBA employment: 33 %
      • Graduates not seeking employment: 67 %

    • Primary source of job offer:

      • No information provided by graduate: 100 %

  • SCHOOL COMMENTS

      • School Comments: The Monash MBA aims to develop graduates to be hybrid, global, socially responsible and transformational leaders. The new program post 2011 builds on the strengths of the old program, and enhances integration; promotes a strong cohorted approach; emphasises innovative thinking capabilities and a strong focus on life-long learning and personal development; and a problem and work based student experience through an independent corporate project comprising 25% of the total programme.

Getting In

B-School Life

Finding a Job

Paying the Bills