RMIT MBA: Top-Ranked Business Program in Australia

Key Takeaways:

-The RMIT MBA program delivers a comprehensive business education combining strategic management, leadership development, and specialized knowledge areas tailored to today's global business landscape.
-87% of RMIT MBA graduates report significant career advancement within 12 months of program completion.
-Students experience an average 45% salary increase post-graduation, with the program boasting a 92% employment rate within 3 months.
-The program's international student body represents over 35 countries, creating a diverse learning environment with global perspectives.

Introduction

RMIT MBA is one of the top MBA programs in Australia. Established in Melbourne, the program is known for its strong industry connections, practical teaching style, and international faculty. It is designed to help working professionals and young leaders build strong business skills and step into global leadership roles.

The RMIT MBA combines classroom learning with real-world experience through case studies, group projects, and networking events. Its flexible format is ideal for students who want to balance work and study. With a diverse student community and a focus on global business, the RMIT MBA prepares you for success in today’s competitive job market.

Class Profile of RMIT MBA

The RMIT MBA brings together students from many different backgrounds—like engineering, business, and the arts making the classroom lively and full of new ideas. It’s a great choice for people who want to grow in their careers and learn new skills.

The program focuses on building leadership skills and giving you real-world experience through group work and practical projects. With such a mix of students, life at RMIT is active and full of learning from each other.

The acceptance rate for the RMIT MBA is about 25%, so it’s selective—especially for international students. To boost your chances, make sure your application clearly shows your work experience and why you really want to do the MBA.

To get more insights , you can check out this officla page: Student life at RMIT

Welcome International Students | RMIT University

RMIT MBA Rankings

Looking at the rankings, the RMIT MBA stands strong among top universities worldwide. In the QS World University Rankings, it holds the 140th position, while in the QS Business and Management Studies category, it's at 148th place.

Additionally, in the U.S. News Best Global Universities, it's ranked 209th. These rankings of RMIT's commitment to providing a high-quality MBA program, recognized globally for its excellence in business education.

Eligibility & Requirements for RMIT MBA

To apply for RMIT's MBA program, here's what you'll need Complete an online application form and provide your test scores, such as a minimum RMIT GMAT score of 550. You'll also need to demonstrate your English language proficiency through tests like IELTS or TOEFL. Let's review the essentials to get your application started!

Application Components:

When applying to the MBA program at the Royal Melbourne Institute of Technology, there are several essential requirements students must meet. These include academic records, test scores, and necessary documents. Let's explore the key criteria needed for your application.

• Completed online application form
• GMAT score (overall minimum score of 550)
• Bachelor's degree from a recognized university (with at least a 1.0 GPA.)
• Proof of English Language Ability (IELTS, TOEFL, Cambridge CAE, or PTE Academic)

You can refer to official page to learn more on: RMIT MBA: Apply

Program and Curriculum RMIT MBA

To complete your MBA from RMIT, you need to earn 192 credit points. This usually means studying 16 subjects in total. The RMIT MBA course includes core subjects, a research subject, and a final capstone project.

You can also choose from different majors, minors, and electives to match your interests. Some subjects might not be available every semester. You also have the option to pick up to 24 credit points from other university electives or swap them with MBA electives, giving you more flexibility.

Program Structure:

• Four (4) Core courses (48 credit points); and 
• One (1) MBA Research Core course (12 credit points); and 
• One (1) Capstone course (12 credit points); and 
• 120 credit points from one of the following possible Combinations

Year One of Program: Design Thinking for Business, Leadership and Management, Marketing for Managers, Financial Analytics for Managerial Decisions, Strategy.

Year Two of Program: Business Consulting

Electives

RMIT's MBA program has lots of optional courses to boost your business skills and get you ready for leadership. Whether you're into marketing, finance, starting your own business, or managing people and legal stuff, we've got you covered. These courses give you practical skills and a deeper understanding of the business world.

• Marketing
• Finance
• Entrepreneurship
• Human resources and law

Research centers

Royal Melbourne Institute of Technology offers many research centers and institutes: Centre for Advanced Materials and Industrial Chemistry, Information Security and Network Science Research Group, Theoretical and Quantum Physics Research Group, Satellite Positioning for Atmosphere, Climate and Environment (SPACE) Research Centre, RMIT Data Analytics Lab, Australia-India Research Centre for Automation Software Engineering (AICAUSE).

Studying an MBA at RMIT University

Fees & Financing

When it comes to fees, financing, and scholarships for the RMIT MBA program, there's a lot to consider. From tuition costs to financial aid options, understanding how to fund your education is crucial. Let's explore the various avenues available to support your journey through the RMIT MBA program.

Note: For students who meet the entry requirements for the 1.5 years program (program plan MC199EXE15), the total indicative tuition fee for 2024 commencement is AU$72,480. 

Employment Upon Graduation

The RMIT MBA program is well-known for helping students get great jobs after graduation. With strong career support and a large global network, many students get placed in top companies across different industries. It’s a good choice if you want to grow your career and work with leading companies around the world.

Know more at: Carrers | RMIT MBA

RMIT MBA Application: Personal Statement & Interview

SOP

Your Statement of Purpose for an MBA is a crucial document that reflects how you wish to be perceived by the admissions committee of the university or college you're applying to. It's an opportunity to showcase your personality traits and impress the committee.

This document encompasses your academic background, professional experiences, aspirations, and other significant details that paint a holistic picture of who you are as a candidate.

Application questions for the RMIT MBA program

• Why have you chosen to apply for an MBA at RMIT?
• What are your expectations from the RMIT MBA program, and what challenges do you anticipate facing during your studies?
• What leadership qualities do you possess, and how have you demonstrated these in past experiences?
• Describe a time when you had to innovate or think creatively to solve a problem.
• How do you handle stress and pressure, especially in challenging academic or professional settings?
• What are your career objectives and how will an MBA from RMIT help you achieve them?

Interview Questions 

The application process begins with an online form. After the form is submitted, a panel of experts will then review the application and select a candidate. Employers often ask questions about how you have behaved in past situations and use your answers to predict how you might perform in a new role.

Why RMIT is Unique?

The RMIT MBA program offers a unique mix of theory and practical experience to prepare students for global business challenges. It goes beyond teaching basic skills, and providing hands-on learning methods for real-world application. Here's a glimpse of what makes the RMIT MBA special, ensuring graduates are well-prepared to succeed in various careers.

• A world class Australian education: Our graduates earn their degree from RMIT University in Melbourne, which is Australia’s largest tertiary institution.
• Qualified academics: Our team of qualified, experienced academic staff work closely with the academic staff from RMIT Melbourne to deliver high quality education in Vietnam.
• Industry connections: Our partnerships give the opportunity for students to connect with industry ahead of time, making RMIT students more employable and work-ready. 
• Our reputation: We have a world-class reputation for excellence higher education, providing quality, industry-responsive programs relevant to the national and global marketplace.

Useful Links

Conclusion

The RMIT University MBA helps you move into new industries and learn about global business. It also teaches you to be a good and responsible leader. After graduation, students work in many areas like business, non-profits, startups, and professional services. RMIT is one of the top MBA colleges in Australia and is known for helping students become leaders who make a real difference in their careers.