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.
MBA in Australia
Posted Dec 05, 2017 05:33
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.
Posted Dec 05, 2017 20:26
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.
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.
Posted Dec 07, 2017 15:09
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.
Posted Dec 07, 2017 15:47
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?
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?
Posted Dec 07, 2017 15:47
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?
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?
Posted Dec 07, 2017 18:53
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.
Posted Dec 08, 2017 12:54
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.
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.
Posted Jul 19, 2018 19:08
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.
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.
Posted Jul 19, 2018 21:44
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.
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.
Posted Jul 24, 2018 18:43
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)
(However, if you can line up a job during the program and get sponsored by an employer, that's another story)
Posted Aug 07, 2018 18:35
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.
Posted Sep 19, 2018 22:14
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?
Posted Sep 20, 2018 01:31
Salaries for MBAs in Australia are much higher.
Posted Oct 02, 2018 20:05
But aren't living costs higher too??
Posted Oct 02, 2018 20:18
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
Posted Oct 22, 2018 21:07
Interesting, thanks for the reply!
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