MBA in Australia


donho199
Hi all, I am not sure if anyone is familiar with scenery of the MBA industry in Australia.

Except from two world-class programs AGSM of University of New South Wales and Melbourne MBA from Melbourne university, the rest seems to be unsettled if not volatile.

University of Sydney MBA launched an MBA 4 or 5 years ago and then they relaunch a new program next year

University of Monash similarly launched an MBA 4 or 5 years ago and relaunch a new program last year.

The senior management at these schools seems to move around a bit as well.

Australia National University also has a new MBA which is based on the concept of evidence-based management which was invented by a dubious Dutch thinktank.

I am quite puzzled by the fact that MBA is a cashcow and suprised that the Aussie has not tapped on to this earlier given their shrewd business instinct.

Furthermore, does it worth to go to University of Sydney or Australia National University given that the program is a brand-new program starting next year?

I talked to a guy from Monash and he seems quite upbeat, the program has triple crown which is not bad and they expect to be in FT ranking after the third cohort as well as in Economist ranking

The Sydney and Monash MBA both has strong focus on tech/disruption/big data and projects.
Hi all, I am not sure if anyone is familiar with scenery of the MBA industry in Australia.

Except from two world-class programs AGSM of University of New South Wales and Melbourne MBA from Melbourne university, the rest seems to be unsettled if not volatile.

University of Sydney MBA launched an MBA 4 or 5 years ago and then they relaunch a new program next year

University of Monash similarly launched an MBA 4 or 5 years ago and relaunch a new program last year.

The senior management at these schools seems to move around a bit as well.

Australia National University also has a new MBA which is based on the concept of evidence-based management which was invented by a dubious Dutch thinktank.

I am quite puzzled by the fact that MBA is a cashcow and suprised that the Aussie has not tapped on to this earlier given their shrewd business instinct.

Furthermore, does it worth to go to University of Sydney or Australia National University given that the program is a brand-new program starting next year?

I talked to a guy from Monash and he seems quite upbeat, the program has triple crown which is not bad and they expect to be in FT ranking after the third cohort as well as in Economist ranking

The Sydney and Monash MBA both has strong focus on tech/disruption/big data and projects.
quote
Duncan
Australia is one of the countries where the MBA has really succeeded as a part-time degree, and the demand for full-time MBAs is rather limited. At ANU, for example, full-time students study in the evening alongside the part-time students (https://www.cbe.anu.edu.au/study/programs/master-of-business-administration/)

The relaunch of programmes isn't a bad thing in itself. MBAs are very similar, partly because of accreditation, so a bit of marketing spin seems harmless and nothing to worry about. It won't really be a *brand new* programme at ANU. Just compare the 'new' programme to the old one: https://web.archive.org/web/20150326100914/http://programsandcourses.anu.edu.au/program/7810XMBA

That said, the full-time MBA is not a cash cow. I'm pretty sure that every top business school loses money on its full-time MBA. Executive programmes are where the money is.
Australia is one of the countries where the MBA has really succeeded as a part-time degree, and the demand for full-time MBAs is rather limited. At ANU, for example, full-time students study in the evening alongside the part-time students (https://www.cbe.anu.edu.au/study/programs/master-of-business-administration/)

The relaunch of programmes isn't a bad thing in itself. MBAs are very similar, partly because of accreditation, so a bit of marketing spin seems harmless and nothing to worry about. It won't really be a *brand new* programme at ANU. Just compare the 'new' programme to the old one: https://web.archive.org/web/20150326100914/http://programsandcourses.anu.edu.au/program/7810XMBA

That said, the full-time MBA is not a cash cow. I'm pretty sure that every top business school loses money on its full-time MBA. Executive programmes are where the money is.
quote
mba hipste...
It seems like a lot of these Australian business schools are trying to position their full time MBAs to appeal to both foreign and domestic students. They want to see if they can position their offerings as a magnet for those looking for an international program that can study at in an English-speaking country.
It seems like a lot of these Australian business schools are trying to position their full time MBAs to appeal to both foreign and domestic students. They want to see if they can position their offerings as a magnet for those looking for an international program that can study at in an English-speaking country.
quote
donho199
So let say you can go to a tier 4 MBA in the States think about those at 580 - 630 range such as

Texas A & M University: Mays
SMU: Cox
University of Georgia: Terry
College of William and Mary: Mason

Would it be better to go to top Universities in Australia but at weaker MBA programs or Tier 4 at these regional universities?
So let say you can go to a tier 4 MBA in the States think about those at 580 - 630 range such as

Texas A & M University: Mays
SMU: Cox
University of Georgia: Terry
College of William and Mary: Mason

Would it be better to go to top Universities in Australia but at weaker MBA programs or Tier 4 at these regional universities?

quote
donho199
So let say you can go to a tier 4 MBA in the States think about those at 580 - 630 range such as

Texas A & M University: Mays
SMU: Cox
University of Georgia: Terry
College of William and Mary: Mason

Would it be better to go to top Universities in Australia but at weaker MBA programs or Tier 4 at these regional universities?
So let say you can go to a tier 4 MBA in the States think about those at 580 - 630 range such as

Texas A & M University: Mays
SMU: Cox
University of Georgia: Terry
College of William and Mary: Mason

Would it be better to go to top Universities in Australia but at weaker MBA programs or Tier 4 at these regional universities?

quote
Duncan
The cohort at Mays is rather strong. Its average GMAT is closer to 650. Educationally, I think the US schools have big advantages over the Australian schools, which are often quite compressed. In terms of finding work, Australia wins every time.
The cohort at Mays is rather strong. Its average GMAT is closer to 650. Educationally, I think the US schools have big advantages over the Australian schools, which are often quite compressed. In terms of finding work, Australia wins every time.
quote
Ayon
I won't recommend SMU, Terry or W&M to people have more than 3 years of experience. Career outcomes doesn't outweigh opportunity cost and the 5 year gain isn't substantial.

If your pre-MBA salary was in a weaker currency, then although Theoretically Post MBA salary > Opportunity Cost but the challenges of finding employment in the current political scenario are too much to surmount.

For someone who has US work authorization and less than 3 years of work experience (or makes less than $60,000/year) MBA from such Tier 4 schools can provide a good 50% raise in immediate post MBA employment and a higher trajectory for 5 year gain.
I won't recommend SMU, Terry or W&M to people have more than 3 years of experience. Career outcomes doesn't outweigh opportunity cost and the 5 year gain isn't substantial.

If your pre-MBA salary was in a weaker currency, then although Theoretically Post MBA salary > Opportunity Cost but the challenges of finding employment in the current political scenario are too much to surmount.

For someone who has US work authorization and less than 3 years of work experience (or makes less than $60,000/year) MBA from such Tier 4 schools can provide a good 50% raise in immediate post MBA employment and a higher trajectory for 5 year gain.
quote
Hi all, I am not sure if anyone is familiar with scenery of the MBA industry in Australia.

Except from two world-class programs AGSM of University of New South Wales and Melbourne MBA from Melbourne university, the rest seems to be unsettled if not volatile.

University of Sydney MBA launched an MBA 4 or 5 years ago and then they relaunch a new program next year

University of Monash similarly launched an MBA 4 or 5 years ago and relaunch a new program last year.

The senior management at these schools seems to move around a bit as well.

Australia National University also has a new MBA which is based on the concept of evidence-based management which was invented by a dubious Dutch thinktank.

I am quite puzzled by the fact that MBA is a cashcow and suprised that the Aussie has not tapped on to this earlier given their shrewd business instinct.

Furthermore, does it worth to go to University of Sydney or Australia National University given that the program is a brand-new program starting next year?

I talked to a guy from Monash and he seems quite upbeat, the program has triple crown which is not bad and they expect to be in FT ranking after the third cohort as well as in Economist ranking

The Sydney and Monash MBA both has strong focus on tech/disruption/big data and projects.

This is interesting to me because I am aiming to apply for Australian MBA programs soon. I did a year abroad in Aus using a visa scheme through my country and other than breaking my back account I had a great time. I want to go back now and am intending to find a job in the country after the MBA.

It's good to know that AGSM and Melbourne Business School have world class programmes. I've had the AGSM MBA in my head for a while now, and that's really my goal. Besides those are there any others that you would suggest if one wants to work in Australia after graduating?

I've also read about the Monash programme, it would be a bit better on the budget than the AGSM programme, that's for sure. It sounds like they are doing some interesting projects as well.
[quote]Hi all, I am not sure if anyone is familiar with scenery of the MBA industry in Australia.

Except from two world-class programs AGSM of University of New South Wales and Melbourne MBA from Melbourne university, the rest seems to be unsettled if not volatile.

University of Sydney MBA launched an MBA 4 or 5 years ago and then they relaunch a new program next year

University of Monash similarly launched an MBA 4 or 5 years ago and relaunch a new program last year.

The senior management at these schools seems to move around a bit as well.

Australia National University also has a new MBA which is based on the concept of evidence-based management which was invented by a dubious Dutch thinktank.

I am quite puzzled by the fact that MBA is a cashcow and suprised that the Aussie has not tapped on to this earlier given their shrewd business instinct.

Furthermore, does it worth to go to University of Sydney or Australia National University given that the program is a brand-new program starting next year?

I talked to a guy from Monash and he seems quite upbeat, the program has triple crown which is not bad and they expect to be in FT ranking after the third cohort as well as in Economist ranking

The Sydney and Monash MBA both has strong focus on tech/disruption/big data and projects.[/quote]
This is interesting to me because I am aiming to apply for Australian MBA programs soon. I did a year abroad in Aus using a visa scheme through my country and other than breaking my back account I had a great time. I want to go back now and am intending to find a job in the country after the MBA.

It's good to know that AGSM and Melbourne Business School have world class programmes. I've had the AGSM MBA in my head for a while now, and that's really my goal. Besides those are there any others that you would suggest if one wants to work in Australia after graduating?

I've also read about the Monash programme, it would be a bit better on the budget than the AGSM programme, that's for sure. It sounds like they are doing some interesting projects as well.
quote
donho199
Yes but project works are unpaid and the program is designed so international students can work 20 hours per week.

If you haven't got GMAT then Monash or Sydney MBA is good otherwise AGSM wins every single time. People at Melbourne are a bit more mature and silo.
Yes but project works are unpaid and the program is designed so international students can work 20 hours per week.

If you haven't got GMAT then Monash or Sydney MBA is good otherwise AGSM wins every single time. People at Melbourne are a bit more mature and silo.
quote
Larry
Note that international students without residency in Australia cannot get the post-MBA work visa after the MBA at MBS, unless they've completed other studies in the country (like a double degree program). You need to study for at least 16 months in Aus to get the class 485 visa.

(However, if you can line up a job during the program and get sponsored by an employer, that's another story)
Note that international students without residency in Australia cannot get the post-MBA work visa after the MBA at MBS, unless they've completed other studies in the country (like a double degree program). You need to study for at least 16 months in Aus to get the class 485 visa.

(However, if you can line up a job during the program and get sponsored by an employer, that's another story)
quote
Sorry guys didn't see this until today thanks for responding! I did take the GMAT, scored 670. AGSM is my goal school at the moment.
Sorry guys didn't see this until today thanks for responding! I did take the GMAT, scored 670. AGSM is my goal school at the moment.
quote
Timbux2
Quick question: do you guys think there would be better results from an MBA in Australia vs Canada? I am asking because I intend to work in the country where I do my MBA, and I have been focused on Canada in particular but now I am also considering Australia. Did anybody have the same dilemma?
Quick question: do you guys think there would be better results from an MBA in Australia vs Canada? I am asking because I intend to work in the country where I do my MBA, and I have been focused on Canada in particular but now I am also considering Australia. Did anybody have the same dilemma?
quote
Duncan
Salaries for MBAs in Australia are much higher.
Salaries for MBAs in Australia are much higher.
quote
Timbux2
But aren't living costs higher too??
But aren't living costs higher too??
quote
Duncan
Indeed, but overall people have lower purchasing power in Canada. You can do your own research comparing schools and salaries. https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Australia&country2=Canada
Indeed, but overall people have lower purchasing power in Canada. You can do your own research comparing schools and salaries. https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Australia&country2=Canada
quote

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