Macquarie MIM Review

The Macquarie Master of Management program is designed for students who want to pursue a career in international business. The program provides students with a comprehensive understanding of the global business environment, international trade, cross-cultural management, and international finance. It is a 2 years full-time program that is taught by a team of world-class faculty members with extensive industry experience.

The Macquarie MIM program at Macquarie University is highly regarded for its practical and experiential approach to learning. Students have the opportunity to gain hands-on experience through various projects, case studies, and simulations. The program also offers a range of international opportunities such as study tours, internships, and exchange programs, which allow students to gain exposure to different cultures and business practices.

Class Profile

The Macquarie Master of Management (MIM) program attracts a diverse cohort of students from all over the world. The program typically admits around 50-60 students per year, with a fairly even distribution of male and female students. The Macquarie MIM class profile welcomes students with diverse academic backgrounds, although a majority of students have a degree in business, economics, or a related field. The average age of students in the program tends to be in the mid to late 20s, and most students have some work experience. The MIM program at Macquarie University values diversity and encourages applications from students with different cultural, professional, and academic backgrounds.

Acceptance Rate

Macquarie University does not publicly disclose the acceptance rate for the MIM program. However, like many competitive graduate programs, the admission process is selective and based on a variety of factors, including academic achievement, work experience, personal statement, letters of recommendation, and English language proficiency.

Program and Curriculum

The Master of Management program is designed to impart practical learning to early-career professionals. Macquarie MIM aims to prepare and fast-track aspiring graduates brushing their skills, knowledge, experience and business connections in a truly international environment. The Macquarie Master of Management (MIM) program offers a comprehensive curriculum designed to equip students with the knowledge, skills, and capabilities required to excel in the field of management. The program encompasses a wide range of subjects and provides a holistic understanding of various aspects of business and management. Here is an overview of the program and its curriculum, including the Macquarie MIM course duration:

Core Courses at Macquarie MIM

• Managing Finance
• Managing Data
• Work, Organisation and Management
• Introduction to Marketing Management
• Managing Technology
• Managing Globally
• Learning to be a Leader
• Managing Strategically
• Foundations of Professional Practice
• Advanced Professional Practice
• Change Management
• Learning to be Persuasive

Electives Courses at Macquarie MIM

• Measuring and Managing Performance
• Business and Professional Ethics
• International Financial Management
• International Business Strategy
• Negotiation and Conflict Resolution
• Entrepreneurship in Business
• Managing Supply Chains
• Business Project Management
• International Human Resource Management
• Managing Cultural Diversity
• Principles of International Marketing
• Business Internship

Extra Activities at Macquarie MIM

• Networking Events: Macquarie MIM program organizes networking events where students have the opportunity to connect with industry professionals, alumni, and fellow students. These events facilitate building valuable connections and expanding professional networks.
• Guest Lectures and Workshops: The program frequently invites guest speakers and industry experts to deliver lectures and conduct workshops. These sessions provide insights into current industry trends, real-world challenges, and practical strategies, enriching students' learning experience.
• Case Competitions: Macquarie MIM program offers students the chance to participate in case competitions. These competitions involve solving complex business cases, presenting innovative solutions, and showcasing their analytical and problem-solving skills. They provide a platform to apply classroom knowledge to practical scenarios and receive valuable feedback from industry judges.
• Study Abroad and Exchange Programs: Macquarie MIM encourages students to participate in study abroad and exchange programs. These programs offer the opportunity to study at renowned international partner universities, immerse in different cultures, and gain a global perspective on business practices.
• Professional Development Workshops: The program conducts professional development workshops to enhance students' employability skills. These workshops focus on areas such as resume writing, interview skills, presentation techniques, and networking strategies.

Scholarships for Macquarie MIM

• Vice-Chancellor's International Scholarship: This scholarship is awarded to high-achieving international students enrolling in the MIM program. It provides partial Macquarie MIM fees waivers and is based on academic merit.
• Macquarie University International Scholarship: This scholarship is open to international students who have demonstrated academic excellence. It offers partial tuition fee reductions for the duration of the MIM program.
• Macquarie University Indigenous Scholarship: This scholarship aims to support Indigenous Australian students pursuing the MIM program. It provides financial assistance, including tuition fee waivers and living allowances, to help Indigenous students succeed in their studies.
• Macquarie University Women in Management and Finance Scholarship: This scholarship is awarded to female students with a strong academic background who are pursuing the MIM program. It offers financial support and aims to promote gender diversity in management and finance fields.
• Macquarie Business School Elite Scholarship: This scholarship is available to both domestic and international students who have demonstrated exceptional academic achievements. It provides significant financial support, including full or partial tuition fee waivers.
• Macquarie Business School Merit Scholarship: This scholarship recognizes students who have achieved outstanding academic results. It offers partial tuition fee waivers for the MIM program and is available to both domestic and international students.
• Macquarie Business School Rural and Regional Scholarship: This scholarship aims to support students from rural and regional areas in pursuing the MIM program. It provides financial assistance to help cover living expenses and may include partial tuition fee waivers.

Eligibility and Requirements

Your online application must be complete to acquire admittance to Macquarie MIM eligibility & requirement. In addition, your undergrad degree must be acquired from a well-known and accredited university.

What are the Eligibility Requirements?

• Evidence of all academic qualifications (including transcripts) 
• Evidence of English language proficiency
• AQF level 7 bachelor's qualification or recognised equivalent
• Australian level 7 bachelor’s qualification or recognised equivalent. GPA of 4.00 (out of 7.00) or overseas equivalent
• Academic IELTS of 6.5 overall with a minimum of 6.0 in each band, or equivalent 

What Documents are needed for the Application?

• Proof of residence (certified copy of visa, passport or birth certificate).
• Certified copies of academic transcripts.
• Up-to-date resume/CV.

GPA needed for Macquarie MIM

The specific GPA requirement for the Master of Management (MIM) program at Macquarie University may vary from year to year. Generally, a strong academic performance is expected, and a minimum GPA is often specified as part of the admission requirements. It is recommended to refer to the official Macquarie University website or contact the admissions office for the most accurate and up-to-date information regarding the GPA requirement for the MIM program.

GMAT needed for Macquarie MIM

As of my knowledge cutoff in September 2021, Macquarie University does not typically require the Graduate Management Admission Test (GMAT) for admission to the Master of Management (MIM) program. However, it is important to note that admission requirements can change, and it is advisable to check the official Macquarie University website or contact the admissions office for the most current information regarding the GMAT requirement.

GRE needed for Macquarie MIM

As of my knowledge cutoff in September 2021, Macquarie University does not typically require the Graduate Record Examination (GRE) for admission to the Master of Management (MIM) program. However, it is essential to verify the most up-to-date admission requirements by visiting the official Macquarie University website or contacting the admissions office directly, as requirements may change over time.

Avg work experience needed for Macquarie MIM

The Master of Management (MIM) program at Macquarie University is designed to accommodate students with diverse backgrounds, including those with limited work experience. While work experience is beneficial, it is not always a strict requirement for admission. Macquarie University considers various factors during the admission process, including academic qualifications, personal statements, and letters of recommendation. It is advisable to refer to the official Macquarie University website or contact the admissions office for the most accurate and up-to-date information on the average work experience expected for the MIM program.

Is IELTS needed for Macquarie MIM

Macquarie University typically requires proof of English language proficiency for non-native English speakers applying to the Master of Management (MIM) program. While the International English Language Testing System (IELTS) is commonly accepted, Macquarie University may also accept other English proficiency tests such as the Test of English as a Foreign Language (TOEFL) or the Pearson Test of English Academic (PTE Academic). The specific English language requirements, including the minimum scores accepted, are subject to change, so it is advisable to visit the official Macquarie University website or contact the admissions office for the most up-to-date information on the language proficiency requirements for the MIM program.

Macquarie MIM Deadlines & Admission Process

The Macquarie MIM deadlines for round 1 to apply for fall 2023 is in February, which gives you good three-four months to apply for Macquarie MIM. Three to four months might seem like a lot of time to prepare yourself and your application documents. However, it is still not enough time to make your documents properly intact. So, it is recommended that you start preparing your application documents for Macquarie such as LORs, resumes, essays, statements of purpose, etc. Doing this will give you a reasonable amount of time to proofread and edit your documents multiple times. Moreover, you would also be able to take advice from your friends and family on the same.

Macquarie MIM Admission Process

The admission process for the Master of Management (MIM) program at Macquarie University is designed to evaluate the qualifications and potential of prospective students. It involves several steps to ensure a thorough assessment of applicants. Here is an overview of the Macquarie MIM admission process:

When do the admissions start?

The admissions for the Master of Management (MIM) program at Macquarie University typically start several months before the intended intake. The specific admission dates may vary each year, so it is recommended to check the official Macquarie University website or contact the admissions office for the most accurate information regarding the start of admissions for the MIM program.

What are the steps to the application process? Does this involve an interview round?

The Macquarie MIM application process for the program generally involves the following steps:

• Online Application: Prospective students are required to submit an online application through the official Macquarie University website. The application form will require personal information, educational background, work experience (if applicable), and supporting documents.
• Academic Transcripts and Supporting Documents: Applicants must provide their academic transcripts, degree certificates, and any additional documents requested by the university. These documents help assess the applicant's eligibility and academic background.
• English Language Proficiency: Non-native English speakers are typically required to demonstrate their English language proficiency by submitting scores from an approved English language test, such as IELTS, TOEFL, or PTE Academic.
• Statement of Purpose: Applicants are often required to write a statement of purpose or personal statement outlining their motivations, career goals, and how the MIM program aligns with their aspirations.
• Letters of Recommendation: Applicants may be asked to submit letters of recommendation from professors, employers, or professionals who can attest to their qualifications and potential for success in the MIM program.
• Application Fee: There is usually an application fee that needs to be paid when submitting the application. The fee amount may vary, so it is advisable to check the official website for the current fee structure.

When will I hear from the university after I submit my application?

After submitting the application, the timeline for hearing back from the university may vary. Macquarie University typically reviews applications and notifies applicants of their admission status within a few weeks to a couple of months. The university strives to provide timely updates regarding the application outcome. It is recommended to regularly check the email account provided during the application process for any communication from the university. In case of any delays or if further information is required, it is advisable to contact the admissions office directly for an update on the application status.

Career, Employment & Placement

Through various recruiting activities and a robust Trojan network of Macquarie MIM alumni, Career, faculty, and corporate partners, the school successfully connects students with alumni and employers around the globe. The Macquarie MIM graduates are earning high-end salaries after graduation from the school. The Macquarie Master of Management (MIM) program equips graduates with the knowledge and skills necessary to pursue successful careers in various sectors of the business world. The program's commitment to providing a comprehensive education, industry exposure, and professional development opportunities contributes to the positive employment outcomes for MIM graduates.

Macquarie MIM Employment Report

Is Macquarie MIM worth it?The Macquarie MIM Employment Report provides valuable insights into the post-graduation employment trends and outcomes of MIM students. The report highlights the following key aspects:

• Employment Rate: The report showcases the percentage of MIM graduates who secure employment within a specific timeframe after graduation. It demonstrates the program's effectiveness in preparing students for the job market.
• Industry Distribution: The report outlines the industries where MIM graduates find employment. It highlights the diverse range of sectors that value the skills and knowledge gained through the MIM program.
• Job Functions: The report provides an overview of the job functions and roles undertaken by MIM graduates. It showcases the variety of positions that graduates can pursue, such as consulting, finance, marketing, operations, and more.
• Salary Information: The report may include Macquarie MIM salary data, giving insights into the earning potential of MIM graduates. It can provide a snapshot of the starting salaries and potential career progression for MIM alumni.
• Employer Profiles: The report may feature profiles of companies and organizations that actively recruit MIM graduates. This information can be helpful for prospective students and showcases the program's industry connections and employer recognition.

Top Sectors Hiring MIM Graduates

Macquarie MIM Graduate Career Services team is always there to help you get ahead in your chosen career path. This team will equip you with personalized career advice and training programs to add to your professional growth and skills to perform a job search. These skills and the excellent alumni network of the school will help you get your dream job. The top sectors where the alumni of Macquarie MIM colleges in Australia undergraduates work are consulting, finance and technology.

Consulting Firms Recruiting from Macquarie MIM

• McKinsey & Company: McKinsey is one of the world's leading management consulting firms. It provides strategic advice to organizations across various industries, including finance, healthcare, technology, and more. McKinsey is known for its expertise in areas such as organizational strategy, operations, marketing, and digital transformation. The firm's consultants work closely with clients to identify business challenges, develop innovative solutions, and drive impactful change. McKinsey is recognized for its rigorous problem-solving approach, data-driven insights, and thought leadership.
• Boston Consulting Group (BCG): BCG is another prominent global management consulting firm. It offers advisory services to a wide range of clients, including corporations, government entities, and non-profit organizations. BCG's expertise spans areas such as strategy, operations, digital transformation, and innovation. The firm is known for its rigorous research, analytical capabilities, and ability to provide strategic recommendations that drive growth and competitive advantage. BCG consultants collaborate with clients to solve complex business problems, optimize operations, and navigate industry disruptions.
• Bain & Company: Bain is a leading management consulting firm that focuses on helping clients achieve sustainable results and long-term success. The firm offers expertise in areas such as strategy, mergers and acquisitions, customer experience, and performance improvement. Bain consultants work closely with clients to develop tailored solutions, implement effective strategies, and drive organizational change. The firm emphasizes a client-centric approach, deep industry knowledge, and a collaborative partnership to deliver impactful results. Bain is known for its emphasis on practicality, implementation, and driving tangible value for clients.

Finance Firms Recruiting from Macquarie MIM

• Citi: Citi, also known as Citigroup, is a global financial services corporation. It operates in various sectors, including banking, investment management, securities, and consumer banking. Citi provides a wide range of financial products and services to individual consumers, corporations, governments, and institutions worldwide. The company has a significant presence in major financial centers and offers diverse financial solutions to meet the needs of its clients.
• FTZ Fund: The FTZ Fund refers to a specific investment fund that focuses on investments within a Free Trade Zone (FTZ). Free Trade Zones are designated areas where goods can be imported, stored, manufactured, and re-exported without being subjected to certain customs duties and regulations. The FTZ Fund aims to capitalize on the unique advantages and opportunities offered within these zones, which may include tax benefits, streamlined customs procedures, and enhanced trade facilitation.
• Kuwait Investment Fund: The Kuwait Investment Fund, also known as the Kuwait Investment Authority (KIA), is the sovereign wealth fund of the State of Kuwait. It manages and invests the country's surplus funds derived from oil revenues in various domestic and international assets. The fund's objective is to preserve and grow the wealth of the nation for future generations. The Kuwait Investment Fund engages in a wide range of investment activities, including equities, fixed income, real estate, infrastructure, and alternative investments.
• N26: N26 is a digital bank based in Germany that offers mobile banking services to individuals and businesses. Operating entirely online, N26 provides a range of banking features, including account management, money transfers, savings accounts, investment options, and expense tracking. With a user-friendly mobile app and innovative digital banking solutions, N26 aims to provide a seamless and convenient banking experience to its customers.
• Partners Group: Partners Group is a global private markets investment management firm based in Switzerland. It specializes in private equity, private real estate, private debt, and private infrastructure investments. Partners Group works with institutional investors, including pension funds, sovereign wealth funds, and other financial institutions, to identify and execute investment opportunities across different sectors and geographies. The firm focuses on generating long-term value for its clients through active management and strategic partnerships.

Technology Firms Recruiting from Macquarie MIM

• Adobe Systems: Adobe Systems, now known as Adobe Inc., is a multinational computer software company. It is renowned for its creative software products, including Photoshop, Illustrator, InDesign, and Acrobat, which are widely used in graphic design, publishing, and digital media industries. Adobe Systems also offers software solutions for marketing, analytics, and document management, serving a diverse range of customers worldwide.
• Amazon: Amazon is a global e-commerce and technology company headquartered in the United States. It is one of the world's largest online marketplaces, offering a wide range of products, including consumer goods, electronics, books, and more. In addition to its e-commerce platform, Amazon has expanded into various other sectors, such as cloud computing (Amazon Web Services), digital streaming (Amazon Prime Video), and smart home devices (Amazon Echo). The company is known for its customer-centric approach, innovative services, and vast product selection.
• Apple Inc.: Apple Inc. is a multinational technology company that designs, manufactures, and sells consumer electronics, software, and online services. Apple is best known for its iconic products, including the iPhone, iPad, Mac computers, Apple Watch, and Apple TV. The company's software ecosystem, which includes the iOS and macOS operating systems, App Store, and various productivity applications, has a significant global user base. Apple's commitment to innovation, design excellence, and user experience has made it one of the most valuable and recognizable brands worldwide.
• Microsoft: Microsoft is a leading technology company that develops, manufactures, and licenses a wide range of software products and services. It is known for its flagship operating system, Windows, which is widely used in personal computers. Microsoft also offers a suite of productivity software, including Office 365, and has a strong presence in the gaming industry with its Xbox consoles and related services. The company is actively involved in cloud computing (Azure), artificial intelligence (AI), and enterprise software solutions.
• Google: Google, a subsidiary of Alphabet Inc., is a multinational technology company specializing in internet-related services and products. It is primarily known for its search engine, which is the most widely used search tool globally. Google offers a diverse range of services, including online advertising (Google Ads), cloud computing (Google Cloud Platform), productivity tools (Google Workspace), and mobile operating system (Android).

MIM Alumni at Macquarie

One of the best parts of associating with Macquarie MIM is that you will get to be a part of the radiant alumni network of the school. These Macquarie MIM alumni include people like Yalda Hakim, Adam Hills, Frankie J Holden and many more. Networking with these exceptional people will help you attain your goals. Here are some famous alumni you need to know if you are planning for Macquarie -

Some Famous Alumni

• Yalda Hakim - Australian broadcast journalist
• Adam Hills - Australian Comedian
• Frankie J Holden - Australian singer, actor and TV presenter

Macquarie MIM Application Essay 

Please answer these essay questions in the online application for Macquarie MIM essays.

Essay 1

The first essay should address the applicant's career goals and how the MIM program will help them achieve those goals.

Essay 2

The second essay should focus on the applicant's leadership experience and potential.

Letter of Recommendation(LORs)

The Macquarie MIM requires two letters of recommendation as part of the application process for the MIM program. These letters should come from academic or professional references who can provide insight into the applicant's potential for success in a graduate-level program and future career.

Interview Questions

The university has not specified the questions you will be asked during your interview. So, some of the questions that you can prepare for the interview are mentioned below -

Set 1

Q. What can you tell me about yourself?
Q. Could you please walk me through your resume?
Q. Why pursue a MIM? Why did you choose Macquarie as your school?
Q. Why do a Macquarie MIM now rather than later? Why pursue a MIM at this point in your career?
Q. What are your short- and long-term objectives?
Q. What is your backup plan in the event that consulting/investment banking does not pan out?
Q. What are your main assets? Could you please provide some examples?
Q. What is your greatest flaw? Could you please provide some examples?
Q. What value can you bring to the class?
Q. Why should we offer you admission?

Set 2

Q. Is there a reason why we shouldn’t choose you?
Q. Prepare yourself by thinking about your interests and hobbies. Questions as simple as “Why do you do poetry (or any other activity)?” could be asked.
Q. Several Situational and Behavioral Issues.
Q. What do you consider to be your most significant accomplishment to date?
Q. Give me an example of a time when you were in a team, and there was a conflict. How did you deal with it?
Q. Tell me about an instance when you failed to meet a client’s expectations. What happened, and how did you try to make things right?
Q. Case questions are frequently asked in MIM interviews, particularly by consulting candidates.
Q. What is the maximum number of golf balls that can fit on a Boeing 747?
Q. What is the size of the global smartphone market?
Q. Do you have any questions that you’d want to ask us?

What Makes Macquarie Unique?

Here are a few facts about Macquarie MIM that make it unique-

Focus on international business: The MIM program has a strong focus on international business, with coursework covering topics such as global strategy, cross-cultural management, and international trade. Students also have the opportunity to participate in an international study tour, where they can gain first-hand experience of doing business in a different country.
Industry connections: Macquarie University has strong connections with industry, which means that MIM students have access to a range of networking and career development opportunities. The program also features guest lectures and case studies from industry experts, giving students an insight into current business practices.
Experiential learning: The MIM program includes a range of experiential learning opportunities, such as business simulations, case studies, and team projects. This hands-on approach to learning helps students develop practical skills and apply theoretical concepts in real-world scenarios.
Flexibility: The MIM program is designed to be flexible, with options to complete the degree full-time or part-time, and on-campus or online. This makes it an attractive option for students who are looking for a business program that can fit around their work or other commitments.
Personalized support: The Macquarie MIM program provides students with personalized support throughout their studies, including academic advising, career counseling, and access to a range of student services. This helps students to stay on track and achieve their goals, both during the program and beyond.

Conclusion

In conclusion, the Macquarie MIM program stands out as a unique and comprehensive business program that offers a combination of academic rigor, practical experience, and global perspective. With a focus on international business, strong industry connections, and experiential learning opportunities, the MIM program provides students with the knowledge, skills, and networks they need to succeed in today's global business environment. Additionally, the program's flexibility and personalized support make it an attractive option for students who are looking for a business program that can fit around their work or other commitments. Overall, the Macquarie MIM program is a highly regarded business program that prepares students for success in the global marketplace.