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Part-Time MBA Profile Publish Date 05/27/12

Monash University

Faculty of Business & Economics

  • PROGRAM BASICS

      • Percentage of part-time students who graduate within six years of entering program: 90 %
      • Average months to complete program: 48
      • Maximum months permitted to complete program: 72
      • Does the school have a separate full-time MBA program? Yes
      • If so, can part-time students switch to the full-time program? Yes

    • Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

      • Resident: $15,816.00
      • Non-Resident: $16,648.00

    • Tuition per credit:

      • Resident $3,954.00
      • Non-resident $4,162.00
      • 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

  • ADMISSIONS, SELECTIVITY AND YIELD

      • Total applications, most recent entering class: 93
      • Applications accepted, most recent entering class: 31 %
      • Admitted students enrolled: 31 %
      • Applicant interviews are: By invitation only

  • ENTRY REQUIREMENTS

      • Rolling admissions? No
      • GMAT required? No
      • Are applicants allowed to submit the GRE? No
      • If not, how are applicants' quantitative abilities checked? We have a merit based entry which requires a weighted average mark of 65 per cent or equivalent GPA, Grade Point Average, on previous degree. We look at quantitative strengths of applicants based on 1.subjects undertaken and, or, any, 2.experience with analytical based work.
      • Is proficiency in English required? 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

    • Other additional English language proficiency tests accepted

      • Successful completion of the Monash University English Language Bridging Program, or equivalent programs, of the appropriate level.
      • Minimum paper-based TOEFL: 600

    • Relative Importance of Application Elements:

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

  • CLASS PROFILE

      • Female students: 41 %
      • International students: 3 %

    • Postgraduate work experience (months):

      • Mean: 120
      • Median: 132
      • From: 84
      • To: 276
      • One year or less: 0 %

    • Entering students work in the following functional areas:

      • Consulting: 3 %
      • Finance/Accounting: 3 %
      • General Management: 21 %
      • Human Resources: 10 %
      • Marketing/Sales: 7 %
      • Management Information Systems: 3 %
      • Operations/Production: 14 %
      • Other: 39 %

    • Entering students work in the following industries:

      • Consulting: 10 %
      • Consumer Products: 30 %
      • Financial Services: 20 %
      • Manufacturing: 20 %
      • Pharmaceutical/Biotechnology/Health Care: 10 %
      • Technology: 10 %
      • Mean age, newest entering class: 36
      • Median age, newest entering clas: 36

  • FINANCIAL AID

      • Part-time MBAs apply for financial aid through: Central financial aid office at the university
      • Students receiving some form of financial aid in 2011-12: 100 %

    • Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

      • Loans (private and government): 100 %
      • Mean financial aid package: $15,816.00
      • Median financial aid package: $15,816.00
      • On what basis are scholarships awarded? A combination of need and merit
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Does school offer a guaranteed loan to all part-time MBAs? Yes
      • Maximum guaranteed loan: $19,928.00
      • Mean outstanding debt at graduation: $59,785.00

  • 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

  • STUDENT LIFE

      • Do part-time MBA students have their own area/center on campus? Yes
      • Do part-time MBA students have break-out rooms? Yes

  • TEACHING/ACADEMICS

    • Teaching Methods:

      • Case Study: 6 %
      • Experiential Learning: 21 %
      • Lectures: 48 %
      • Simulations: 2 %
      • Team Projects: 11 %
      • Other: 2 %
      • Estimated number of hours per week students spend on classwork, excluding time spent in class: 12
      • Teachers in the part-time program: 24
      • Tenured teachers in the part-time program: 24
      • Faculty also teaching in full-time program: 100 %
      • Average core class size: 45
      • Average elective class size: 45
      • Last curriculum revision: 2011
      • Recent curriculum changes: The new program has a strong cohorted approach where students are taught exclusively MBA units - have access to dedicated teaching and social learning resources and where MBA teaching staff and teaching learning spaces are located in the same area. The new MBA program offers a more problem based and work based student experience with up to 25% of the program involving the strategic project program. The program is integrated with four core units apart from 8 fundamental business discipline units.
      • Does the B-school offer an accelerated part-time MBA program? No

    • Leading areas of study:

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

    • Graduation requirements:

        • Students must have attended a minimum number of classes
        • Other: Describe in next screen
        • Students must complete a company-specific project and present results to relevant parties
      • Other graduation requirements: Pass all subjects in the course
      • Credits required to graduate: 72

  • 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 offer career services for alumni? Yes
      • 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
      • Do current MBA students have access to an alumni database? No

  • CAREER SERVICES

      • Do part-time MBAs have access to career development office?
        • Yes
      • If yes, at what point in the degree process are part-time MBA students able to use the service?
        • At any time
      • Are part-time MBAs permitted to interview for full-time jobs? Yes
      • Are part-time students included in resume drops? Yes

Getting In

B-School Life

Finding a Job

Paying the Bills