What is the Macquarie Graduate School of Management(MGSM) MiM Review?
The MGSM MiM Review is relevant for people who want to gain a quick understanding of the Masters in Management program at Macquarie University Graduate School of Management( MGSM), and understand if it would be a great choice for them. Apart from a brief review of the school, data about the Masters in Management application process, the class profile and placement statistics upon graduation are presented.
Macquarie University is a renowned institution of higher learning. Its MiM program is very well known, and has produced prominent alumni. The Masters in Management program at MGSM is a 24-months rigorous program on full-time study.
The MGSM MiM program offers a great fast paced curriculum. The MGSM Master in Management has been designed particularly for recent graduates and early career professionals.
MGSM offers a variety of Masters programs:
- MGSM Masters in Management - A 24-month program to kick start your career in the business milieu, and is aimed at graduates with few years & below of work experience. It is a unique masters degree offered by MGSM.
- MGSM Masters of Business Administration
The MBA is designed to transmit the requisite knowledge and capabilities demanded by a challenging global economy. Ranked number one in Australia and 49 in the world (Financial Times 2017 ranking), this program’s flexible study options and choice of electives empower the scholar for maximum output.
The program entails all aspects of management education and includes an intermix of theory and real-world experience, from experiential learning in the class room to internships and exchange programs with our academic and corporate partners, both in Australia and globally
- MGSM Masters of Social Entrepreneurship - Alongside other elite learning institutions around the globe, Macquarie University and MGSM offers its first cross-faculty degree, enabling students to gain knowledge and tools in areas that can help them make a difference to society.
The Macquarie Graduate School of Management MiM value proposition
The MGSM Masters in Management program is one of the most popular in the world & attracts some of the highest performers.
It allows you the opportunity to broaden your business skills, balance in-depth theory with practical experience & immerse yourself in the corporate, economic and financial worlds. There is no doubt that one can benefit appreciably from what the school has to offer,such as:
- Networking opportunities with some of the brightest minds in the business milieu. The scholars get a chance to learn from expert professors.
- An amazing reputation for being one of the best business schools in the Australia, and has a widespread global recognition.
- Access to a number of global organizations. Partly due to the schools excellent career services & also due to the strategic location of the school.
Skills which the Macquarie Graduate School of Management MiM values
Macquarie University has one of the most competitive MiM programs in the world, and is on the lookout for high potential candidates who exhibit the following skills:
Be sure to mention in your application essays how you exhibit these skills, and back them up with relevant examples.
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MGSM MiM Eligibility Criteria
Australian level 7 bachelor's degree or equivalent from a recognized tertiary institution
Proof of residence (certified copy of visa, passport or birth certificate)
- Graduate in any discipline.
The Master of Management is undertaken over 2 years of full-time study at the pace of 2 units per term. Students who possess an undergraduate degree in business related areas may be eligible for Recognition of Prior Learning for up to 4 units enabling completion of the program over 18 months of full-time study.
The scope, teaching and intensity of this programme make it a masterclass in the business milieu.
Gain a rigorous and analytical understanding in the techniques and frameworks of general management. Study core courses in Operation Management, Economics, Financial Management, Marketing, Strategy, Entrepreneurship, and Data Analytics.
You can select from a wide range of courses to enhance your learning objectives. Electives includes :corporate finance, human resources, psychology, information systems etc.
Business Immersion Initiative
The scholar is opportune to visit top global businesses in Sydney, including investment banks, companies, retail tycoons, consultancies etc. This exposure helps the students to gain valuable global business contacts, and apply the practical skills from previous theoretical empowerment.
Useful Information on the MGSM MiM degree
Duration: 24 months.
Location: Sydney, Australia.
Tuition Fees for 2017 intake: $58,066.
A number of different scholarships are offered, check out the full list here.
Most of the applicants are curious to know about the MGSM MiM acceptance rate
MGSM has not disclosed any stats on its acceptance rate, but it is safe to be estimated around 30% to 40%.
MGSM MIM DEADLINE
Application Deadline for 2018 intake:
|Rounds Deadline Dates|
|Round 1 18 August 2017|
|Round 2 10 November 2017|
|Round 3 16 February 2018|
|Round 4 11 May 2018|
Constituents of the application package
- Online application form
- GMAT/GRE Score
- 2 Letter of recommendations: One academic & one professional
- A copy of college transcript
- IELTS or TOEFL, score (for some international students)
MGSM MiM Student Profile
- Class size : 102
- Average Age : 23
- 29 nationalities on the programme
- 4o% female intake
- 35% international students
- Over 20 countries represented by MGSM faculty
- 32,000+ alumni across 155 countries
- GMAT score range: 600 - 780 (Avg: 686)
MGSM MiM Placement Statistics
Base Salary of £368oo
Employment rate is strong for MiM graduates with many acquiring lucrative jobs after graduation
Highest Salary awarded £80,731
Overall MiM MGSM Placements are pretty good, and hence Macquarie University Masters in Management is an attractive proposition for most people.
Sectors students were placed in:
|Private Equity & Venture Capital||8%|
|Diversified Financial Services||3%|
|Technology & Telecoms||10%|
|Media & Entertainment||3%|
Some notable companies recruiting from the MGSM Masters in Management
|Mobile Rehab||Schneider Electric||Arthur D Little||Bain & Company|
|BP Australia||Credit Suisse||Deloitte||RSM|
|McKinsey & Company||Leidos||Milward Brown||Morgan Stanley|
|Nomura||Oliver Wyman||PwC||Roland Berger|
|The Boston Consulting|
|Sydney Water||J.P. Morgan|
APPLICATION ESSAY INSIGHTS
The student is required to attach a concise one-page statement of academic and professional aspirations.This should include details of past experiences, achievements and international exposure. This statement constitutes a critical part of the selection process, and should be taken seriously. Students while writing their SOP should consider these guides:
- Your accomplishments and strengths: briefly highlight, with examples, what you consider to be your key strengths and how they will help you achieve your goals.
- What is your career vision and why that matters to you?: the more details you give about your vision, the better. Details show that its a credible, well-thought-out plan. If you can relate your goal to a personal passion- even better.
As you can see the MGSM Masters in Management application is pretty extensive, & this is a good thing as they want to ensure only top quality students make it through the application process. So make sure you have really great SOPs and stellar LOR's as they WILL make or break your case.
Once you are done with your application, the MGSM board reviews it and if shortlisted you would be called for an Interview round for the MGSM MiM.
We hope the MGSM MiM Review was useful to you, all the information has been sourced by the MGSM MiM Site, and for more data you should visit there.
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