
Melbourne Business School MIM Review
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Melbourne Business School MIM Introduction
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Accreditation |
AASCB, & EQUIS
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International Students |
81%
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Women |
–
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Alumni Network |
60,000+
Salary
$75,000
Course Duration
2 Years
Course Fee
AUD 71,372
Intake
1
Melbourne Business School attracts the world’s brightest minds to master the skills and attitudes they’ll need to be tomorrow’s leaders. The business community and the university equally own the graduate school of business and economics at the University of Melbourne. Melbourne Business School’s executives are accountable to an independent board of directors composed of prominent CEOs and academics worldwide.
The Financial Times and The Economist put Melbourne Business School’s degree programmes and short courses among the best globally, thanks to AACSB and EFMD (EQUIS) accreditation.
If you want international exposure, professional experience and a curriculum recognised as one of the best in the world. In that case, Melbourne Business School Master in Management is a one-stop for you. We have an enrichment of our studying, teaching and research with our communities, both home and globally.
Specialized courses under MBS MIM:
- Master of Management (Accounting and Finance)
- Master of Management (Accounting)
- Master of Management (Finance)
- Master of Management (Human Resources)
- Master of Management (Marketing)
Melbourne MBA Class Profile
Average Age
28
GMAT
695
Nationalities
–
Average Work Ex
5
Average GPA
3.5
Class Size
–
MBS MIM Acceptance Rate
The Melbourne Business School is one of the most prestigious educational institutions in Australia and has an acceptance rate of just 37%.
Program and Curriculum of MBS MIM
Developed in a merger with Mt Eliza Business School, this is Australia’s most prominent management education business school. The program and curriculum designed at Melbourne are such that it gives students hands-on practice in the corporate world. There are continuous Industry related workshops and conferences going on.
Additionally, there are many student clubs and many financial clubs where students explore on their own and enhance their skill set for the corporate world. Also, the Melbourne Business School offers a choice to choose between a 200 and a 150 point plan. The 200 point plan allows you to complete the course in a total of 2 years. However, the 150 point plan shortens the duration of the program to 1.5 years.
Melbourne Business School’s Master of Management programme provides foundational business training and specialist training in organisational management to students with an undergraduate degree in a field other than business/commerce.
After completing the course, you will have a solid understanding of:
- Managing change and innovation
- Motivating and guiding others
- Creating customer-centric organisations
Core Course
- People and Change
- Marketing Management
- Project Management
- Human Resource Fundamentals
- sustainable business Practices
- Entrepreneurial Practice
Electives
The electives are offered in the following academic areas:
- Consulting Fundamentals
- Managing Stakeholders
- Leadership and Team Dynamics
- Supply Chain Management
- Managing Innovation
- Operations and Process Management
- Social Entrepreneurship
- Leading for Strategic Advantage
- Conflicts and Negotiations
- Managing In Asia
- Global Corporate Governance
- Marketing Management
- People and Change
- Project Management
- Human Resource Fundamentals
- Sustainable Business Practices
- Entrepreneurial Practice
- Global Value Chains
- Building Entrepreneurial ventures
Extra Activities
Clubs
- Actuarial Students’ Society
- AIESEC
- Accounting Students’ Association
- Banking on Women
- BusinessOne Consulting
- CAINZ
- Commerce Students’ Society
- Economics Student Society of Australia
- Emerging Markets Network
- ENACTUS
- Equity Research Association
- Finance Students’ Association
- Financial Management Association of Australia
- Global Consulting Group
- Financial Management Association of Australia
- Global Consulting Group
- International Commerce Students Society
- Melbourne Business School Student Association
- Melbourne Microfinance Initiative
- Melbourne University Consulting Club
- Society of Marketing and Communications
- Student Association of Management and Marketing
- University Network for Investing and Trading
- Women in Commerce & Politics
- 180 Degrees Consulting
- Women in Economics Students Society
Eligibility and Requirements (How to get into MBS MIM)
Eligibility
1. An undergraduate degree in any discipline
2. Students can only apply to 200 point plansplan. However, previous academic standing and coursework will be seen to award 50 points in advance and allow students to join the 150 point plan.
3. An undergraduate degree or equivalent in ANY field.
4. Prior academic achievement (the weighted average grade will be assessed by the University of Melbourne equivalent 65+.
5. Personal statement explaining why you want to take the course into account.
6. An interview or any other proof the panel needs (if required).
7. In order to explain every aspect of an application according to the admission and selection policy, the selection committee may ask for furtherask further information.
8. A minimum score of 6.5 in IELTS: 6.5. This business school does not accept applications with an IELTS score less than 6.0
9. Internet-based TOEFL exam results with at least 79 scores. In addition to this, students must have at leastatleast:
- 21 in the Writing section,
- 18 in the Speaking section,
- 13 in the Reading section,
- 13 in the Listening section.
10. Students must have a score of at least 58-64 in the Pearson Test of English (Academic). Apart from this, students having a score below 50 in communicative skills will not be entertained.
Document Related to the Application
- Degree certificate(s) or current certificate of enrolment.
- A one-page resume (CV).
- All official up-to-date academic transcripts and official GPA.
- GMAT or GRE or TAGE MAGE official test score report.
- English language proficiency exam score report (TOEFL or TOEIC or IELTS or Cambridge).
- Copy of Passport or ID card.
- Two completed online reference forms.
- Passport-style photo in .jpg or .jpeg format only.
Melbourne Business School MIM Deadlines
The Melbourne Business School has a deadline for its Master of Management program on 31st May 2022 for its July intake. However, the previous deadline for february 2022 intake has expired and the next intake will be in 2023 for which details have not been updated on the official website.
Deadline | Dates |
1st Deadline | 31 MAY, 2022 |
Melbourne Business School MIM Employment/Placement
Melbourne Business School Master of Management students are offered reasonable assistance to kick start their careers in the right direction. With the Melbourne Business School’s strong network of alumni and a highly intense career management centre, the Masters in Management batches have always had an employment rate of more than 90% after graduation.
AUD 124,000
AVERAGE STARTING SALARY
90%
PLACEMENT
Top Sectors Hiring Melbourne Business School MIM Graduates
With strong earnings and job security, a MiM (master’s in management) broadens the full career potential of candidates. Graduates of the MiM programme can earn up to AUD 124,000 per year. Product manager, general manager, business development manager, operations manager, executive manager, project manager, capital and risk manager, management consultant, etc., are some of the job titles. Salaries typically vary from AUD 61,900 to AUD 203,000 per year.
Rio Tinto, Tesla, Clayton UTZ, PwC, Westpac, Accenture, Wesfarmers, BPH Billiton, GE Capital, and others are among the top employers of management graduates in Australia.
Companies recruiting from MBS MIM
Consulting Sector
- McKinsey & Company
- Strategy&
- Bain and Co.
Finance
- Commonwealth Bank
- Deloitte
- PWC
- NAB
Technology
- Kraft Heinz
- Johnson and Johnson
- Natures organic
- Social Ventures
MBS MIM Alumni Info
The Melbourne Business School alumni network consists of successful stories of top executives and entrepreneurs. They have achieved positions in Mckinsey, Amazon, and Philips. More than 60,000+ alumni are working across different sectors. In addition, the network organises many events to facilitate exchange between students and members.
Some Famous Alumni
- Ross Oakley, Former CEO of the AFL
- Adam Garone, Founder, Movember
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Application Essay for MBS MIM
Admissions officers are impressed by college application essays. The essays must be between 500 and 2000 words long, and the length of the essays will determine if you are accepted. It is challenging to write excellently, but it is possible if you plan beforehand. Anyone who works in journalism will tell you that getting off to a solid start is crucial to attracting a reader’s attention. Hence, it would be great to start with a compelling paragraph to keep their attention.
You may begin with an anecdote or a humorous story that demonstrates some of the positive aspects of your personality and character, giving the admissions committee some insight into who you are. Then, personalise your application essay by going deep into your passion for and desire to learn more about your subject and producing a response that can only be attributed to you. Individuality stands out, and it is this that catches the eye of the judge and distinguishes a winner.
Essay 1: What gaps in your knowledge or skills do you hope that this program will help you to work on?
Essay 2: Describe a workplace situation where you had a responsibility for managing people. Reflect on what you learned.
Letter of Recommendation for MBS MBA
Applicants must submit at least 2 letters of recommendation to apply to the Masters of Management program at the Melbourne Business School. One recommendation should come from a professional referee(supervisor/manager/previous employer). Whereas the other letter of recommendation must be duly verified and signed by an academic referee(professor/associate professor/head of department).
Interview Questions for Melbourne Business School MIM
Set 1:
Q1: Please introduce yourself
Q2: Why do you want to pursue the MIM?
Q3: Why a master’s degree now, why not do a MIM?
Q4: What are your future plans? Or what are your short term and long term goals?
Q5: Why this particular company? What do you know about this role?
Q6: What’s your plan B if your career plans don’t work out?
Q7: Why not study in your home country?
Q8: Have you ever lived in any other country or interacted with people from different countries?
Q9: What are your major strengths and weaknesses?
Q10: Which other schools have you targeted and why?
Q11: What makes you unique from the other candidates?
Q12: What are you passionate about? Give me some examples of how you have shown it.
Q13: Tell me about a recent news affair that has caught your attention.
Q14: What was your role at your previous job/ Internship?
Q15: What is your proudest achievement?
Q16: Give an example of when you failed. What did you learn from the experience?
Q17: Give us an example of when you showcased leadership skills.
Set 2:
Q1: Would you be able to work under pressure with people of different nationalities? Could you give us an example of how you would succeed in this?
Q2: How will you add value to the school and your batch mates?
Q3: How will a degree from Melbourne Business School, help you in the future? Or what will be your key learnings from this degree?
Q4: How do you plan to use the resources of the school?
Q5: Can you tell me how you got the “Z” result in an internship you had undertaken? What were the steps you took?
Q6: What are the skills required to enter your dream company? Which skills do you have already, and which skills do you need to develop?
Q7: How do you plan to deal with placement opportunities? Getting a work visa can be tricky
Q8: How would you translate your teamwork from your past experiences to the environment at Melbourne Business School?
Q9: The work you did on project X seems interesting, can you elaborate on the same?
Q10: What has been your biggest obstacle so far, and how have you conquered it?
Q11: Tell us about a time when things didn’t go the way you wanted— like a promotion you wanted and didn’t get or a project that didn’t turn out how you had hoped?
Q12: What according to you is the best way to inspire people?
Q13: What does Leadership mean to you?
Q14: Give us an overview of your experiences so far.
What makes MBS MIM Unique
Here are a few facts about Melbourne that makes it unique-
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World University Rankings: Melbourne Business School has been ranked the number one university in Australia by the Times Higher Education, 2022. Not only its Master of Management program is exceptional, but MBA and Executive MBA programs have also been ranked number 1 by the Financial times(2021-2022), QS(2022), and the Economist(2020- 2021). In addition to this, Melbourne Business School’s Master of Business Analytics has been ranked number 1 in Australia and Asia by QS(2022).
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Sustainability at their front: Melbourne Business School empowers leaders and ideas for a better future. This mission guides the school’s teaching of emerging leaders, who judge their performance regarding the impact on those around them and the larger community. For the benefit of everybody, Melbourne Business School expects that these leaders will foster and defend economic progress, social equality, shared prosperity, and environmental resources.
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A global network and a dynamic student experience: Benefit from student exchange, mentoring, student clubs and organisations, and join our 60,000+ business alumni in over 100 countries by completing an internship or a consulting course in Melbourne or overseas.
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Construct a solid skillset across business disciplines: You may build a strong career foundation with elective options in entrepreneurship, international business, operations, sustainability, and supply chain management, as well as the possibility to add in crucial subjects from the arts and communication.
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FAQ’s
Can I apply without IELTS or GMAT for the Master of Management program at Melbourne Business School?
Yes. Melbourne Business School provides conditional offers. Thus you can submit your initial application without copies of your supporting documentation (for example, GMAT/GRE/IELTS/TOEFL results).
However, the offer of admission will be contingent on your ability to provide either an original or certified copy of your supporting documentation before enrolling in the programme.
Is it essential for all applicants to submit academic transcripts?
Yes, your academic transcripts must list all of the classes you took during your degree and the grades you obtained in each. Just a graduate certificate is insufficient.
If your academic transcripts are not written in English, you must also provide a complete certified translation and the originals.
After a Master of Management from Melbourne Business School, what are the career options?
With strong earnings and job security, a MiM (master’s in management) broadens the full career potential of candidates. Graduates of the MiM programme can earn up to AUD 124,000 per year.
Product manager, general manager, business development manager, operations manager, executive manager, project manager, capital and risk manager, management consultant, etc., are job titles. Salaries typically vary from AUD 61,900 to AUD 203,000 per year.
Rio Tinto, Tesla, Clayton UTZ, PwC, Westpac, Accenture, Wesfarmers, BPH Billiton, GE Capital, and others are among the top employers of management graduates in Australia.
Is Australia a suitable place to study management?
Australia is an excellent place to study management. It has some of the world’s best schools, low tuition expenses, and excellent opportunities to work as a manager for big multinational corporations. In addition, starting salaries for management graduates in Australia are pretty competitive, and specialities range from finance and business administration to business analytics.
Which top universities can I target to study master's in management in Australia?
Australia is a hub of excellent educational institutions. So, students can choose from these best universities to study master’s in management in Australia:
1. Melbourne Business School
2. Monash University
3. Queensland University of Technology
4. The University of Sydney
5. The University of South Australia
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