Monash MBA Review

The university has four campuses in Victoria (Clayton, Caulfield, Peninsula, and Parkville), as well as one in Malaysia. Monash University offers courses in a variety of places, including South Africa.

One of the most popular programs offered by Monash University is MBA. The program is one a kind as it is divided into 4 modules that are carried out over the span of two years. In this article we will discuss all the aspects of Monash University MBA including class profile, deadlines, acceptance rate, eligibility criteria, etc. Monash University is one of the top B-Schools in Australia. So, if you are interested in pursuing a Monash University MBA, you should go through this page.

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Monash University MBA Class Profile

The class profile of Monash University MBA is extremely rich in its culture as the students from across the globe attend this university. This cultural diversity will help you enhance your perspective and give you multiple viewpoints. The average work experience of Monash University MBA is 3 years, which indicates the expertise of the students that will accompany you. MBA in Finance is one of the popular programs. These alumni represent more than 17 industries, so your network will spread across all these areas or sectors.

Monash University MBA Acceptance Rate

The acceptance rate for Monash University MBA is 40%. It seems quite easy to crack, but it also means that 60 out of 100 applications are not accepted. It does not mean that those candidates were not deserving; in fact,  it is possible that they could not shine in their application. It is possible! Even though you have extensive job experience and have made major contributions in your professional and social endeavours, you may still be rejected because you failed to highlight your greatest skills in your CV and other documentation. One of the MBA specializations is MBA in Business Analytics. So, you must ensure that all of your application materials, such as resumes, letters of recommendation, statements of purpose, essays, and so on, are flawless. They must showcase your finest qualities, backed up by specific yet succinct instances.

Acceptance Rate – 40%

Program and Curriculum of Monash University MBA

It is a 2-year program that consists of consulting projects, experience-based modules, industry engagement opportunities, overseas learning, etc. Designed for professionals, this program will not require you to quit your full-time job as the classes are held in the evenings or weekends. The MBA programme brings together international and local students from various professional and cultural backgrounds, and all of the program’s activities are geared toward a global viewpoint.

Global Partners

Monash Business School partners with various universities and schools across the globe, which has widened the network of the university. Professors and industry professionals share their skills and market knowledge with the Monash University MBA class through an intense study module provided by renowned business institutions in Asia.

CEIBS- The China Europe International Business School (CEIBS) includes campuses in Shanghai, Beijing, Zurich, and Accra. CEIBS, which was co-founded by the Chinese government and the European Union, offers a variety of MBA, Executive MBA, and executive education programmes; the Financial Times ranks its MBA as the best in Asia.

Sungkyunkwan University (SKKU) -Sungkyunkwan University (SKKU) is a world-class higher education institution that has been around for almost six centuries. SKKU has displayed significant academic leadership from its inception as a royal Confucian institution in 1398 to the commencement of the Joseon Dynasty (1392-1910). In the World University Rankings 2020, SKKU is placed #88 in the discipline of business and economics. SKKU provides EMBA, IMBA, and Full-time MBA programmes, the latter of which is ranked #1 in Korea and in the top 1% of all MBA schools worldwide since 2012.

Global Partners

• CEIBS
• SUNGKYUNKWAN University

Modules

• Module -1 -Foundation- People and Performance
• Business Models & Strategy
• Markets & Customers
• Financial and Managerial Accounting

Module -2 Innovation- Influence and Negotiations

• Design Thinking
• Comm’n of Technology
• Business Finance

Module 3- Transformation -Business Transformation

• Economics & Society
• Global Business Strategy
• Business Analytics

Module 4 -Globalisation- Sustainability in Global World

• MBA Seminars

Projects

• Module 1- Corporate Strategy
• Module 2- Innovation & Entrepreneurship
• Module 3- Applied Industry Analysis
• Module 4- International Business

Extra activities in Monash University MBA

At the Monash Business School, there are several clubs and groups. Students administer the majority of these organisations; hence the students get several opportunities to organise various activities in these groups through these clubs. As a consequence, they improve their managerial abilities and thrive at event planning. Students can also network and obtain diverse viewpoints through these organisations and unions. As a result, pupils’ knowledge and comprehension spans are broadened.

• Clubs at Monash Business School
• Business and Commerce Students’ Society
• Beta Alpha Psi
• Economics Student Society of Australia
• Financial Management Association of Australia
• Computing and Commerce Association
• Monash Accounting Students’ Association
• Monash Actuarial Student Society
• Monash Electronic Gaming Association
• Monash Marketing Student Society
• Business Student Society, Peninsula
• University Network for Investing and Trading

Eligibility and Requirements for getting into Monash University MBA

The Monash University MBA allows you to hear from industry leaders and learn how to apply what you’ve learned in the classroom in the real world. This can greatly increase your self-assurance while also preparing you for the business culture. You must have a bachelor’s degree from a reputable university to apply for the Monash University MBA. In addition, you will need to have a minimum three years of job experience in the relevant field. The Monash University MBA students have an average of 3 years of job experience.

Eligibility

Bachelors’ Degree– You are required to have either an Australian bachelor’s degree or a degree equivalent to it.

Work experience– You must have a minimum of three years of experience to study Monash MBA. Out of these 3 three years, you must have worked in a managerial position for at least a year.

English proficiency– If you belong to a non-native English-speaking country, you need to prove your proficiency in English by submitting a test score. Monash Business School accepts IELTS, TOEFL, PTE, and CAE.

Documents required for the application process

• Application form
• Curriculum Vitae (CV) or Resume- It should be crisp, yet detailed.
• Certified copies of academic transcripts
• Evidence of citizenship or residency
• Proof of English language ability if applicable
• Two professional Letters of Recommendation
• Statement of Purpose (SOP) – You need to submit a Statement of Purpose, preferably short in length, – like one page. In this Statement of purpose you need to align your career goals with this program. You also need to include how you will add value to the cohort.

Monash University MBA Deadlines

If you want to apply for a Monash MBA, you must consider the deadline(s). It will assist you in planning your application and preparing the required paperwork. Missing a deadline in any phase will make your application will sabotage your chances of pursuing a Monash University MBA. It is recommended that you complete your application by the deadline. Furthermore, it is advisable that you do not submit your application at the last minute. The earlier you apply for the Monash University MBA, the better. You must submit your application at least 2 days before the deadline.

Monash University MBA Employment

Monash has a strong employment record, with 94% of graduates finding work within three months after graduation. Because MBA students have access to such a diverse employment market, the school assists students in guiding and preparing for their career objectives through the Career Management Community. In addition, MBA students receive personalised career counselling and unlimited access to the alumni network.

94%

Top Sectors hiring Monash University MBA Graduates

You’ll directly consult with business organisations throughout the programme, working closely with prominent lecturers, company leaders, and project managers. The programme includes live projects on strategy, innovation and entrepreneurship, and Big Data, as well as an international business project and strategy capstone.

Here are the top sectors hiring Monash University MBA graduates-

• Banking/ Finance Tech/ Insurance
• Public Sector/ NFP
• Retail/ Wholesale/ Distribution
• Technology/ IT
• Medicine/ Allied Health
• Professional Services
• Construction/ Infrastructure
• Manufacturing/ Automotive
• Agriculture

Top Companies Hiring

• Commonwealth Bank of Australia
• ANZ Banking Corporation
• Woolworths
• Telstra Corporation Ltd
• Westpac Banking Corp
• Allianz Global Investors
• JP Morgan
• Barclays
• Fidelity Investments
• HSBC Global Asset Management
• Wipro Ltd
• Adidas
• APCD Pty Ltd
• Simonds Homes
• GFG Alliance

Monash University MBA Alumni info

After completing Monash University MBA, you will get to become a part of the vibrant alumni network of this school. This networking will take you closer to your goals by assisting you to get a job after graduation. Hence, your career will be amplified by becoming a part of this network.

Some Famous Alumni

• Sarah McCann-Bartlett- The Australian HR Institute’s chief executive officer and managing director
• Phil Hayes-Brown- A rewarding career pushing the boundaries
• Janette Kendall
• Ian Macfarlane
• Annie Lim- Global HR leader 
• Jonathan Byrt – Founder of memobottle
• Div Pillay

We have a 97% Success Rate In Helping Applicants Get Into Top Schools Like

Application Essay for Monash University MBA

For Monash University MBA there are no particular set of essays that you need to fabricate. Instead of that you are required to submit a Statement of Purpose (SOP). In the statement you need to explain why you chose this program, and how it will help you reach your career aspirations. The school recommends keeping the statement short, so you can keep it within a page. Also, you are supposed to cover the answers to the below questions in a free format-

• How The Monash MBA will impact on your professional career plans
• How you will draw on your business experience to contribute to the cohort’s peer learning

Letter of Recommendation for Monash University MBA

To pursue Monash University MBA, you need to ask your 2 professional referees to write you a letter of recommendation. These letters must showcase your managerial strengths backed up by specific instances. Professional referee could be anyone who has worked with you, enough to talk about your strengths. The position of the referee does not matter, what matters is, how well the person knows you.

Interview Questions for Monash University MBA

After successfully submitting your application, you will be called for an interview when you are shortlisted for MBA Monash. This interview will be conducted online. Although the university has not specified any questions that it will ask you, there are some common questions that you can prepare. Here are the questions that you can prepare to crack this interview like a pro.

Q: Please introduce yourself 

Q: Why do you want to pursue an MBA?

Q: What are your short term and long term goals?

Q: What’s your plan B in case your career plans don’t work out?

Q: Why not study in your home country?

Q: How do you plan to deal with placement opportunities? Getting a work visa can be tricky

Q: What has been your biggest obstacle so far, and how have you conquered it?

Q: What, according to you, is the best way to inspire people?

Q: Tell me about a recent news affair that has caught your attention.

Q: What are you passionate about? Give me some examples of how you have shown it.

What makes Monash University MBA Unique

• Monash MBA does not require GMAT/GRE scores 
• Module 4 of the Monash MBA includes collaboration with prominent international business institutions in China and Korea.
• Professor Paul Collier will introduce you to the Monash MBA program
• Ranks #7 among the top Australian universities, which are known for MBA
• Monash MBA is truly multinational. You’ll benefit from a truly international education with students from over 170 countries and locations in Australia, Italy, Malaysia, India, South Africa, and China

FAQ’s