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Master of Business Administration
The Master of Business Administration has been developed by our team of highly qualified and experienced academics and professionals. The extensive investment in the development of this higher level degree, provides our students with the advanced skills and knowledge to work within complex business environments.
Qualification Level
Master of Business Administration
Duration
18 months
Course Delivery
Learn externally with online support. Our programs are designed to fit around your needs
Unit Areas Include:
First Year
Term 1
MB01 - Management and Leadership
The unit is designed for students who have or are likely to acquire managerial responsibility and/or who have leadership aspirations. Students will be required to critically analyse current theories and practices of management and leadership, as well as engage in the development of personal leadership attributes and strengths.
EFTSL: 0.125
Pre-requisite Units: Nil
MB02 - Accounting and Business Analysis
This unit equips the students to fully understand the business information through accounting and know how to interpret it. This unit allows the student to gain knowledge in reading accounting reports, interpreting information and analyse and project future change and growth.
EFTSL: 0.125
Pre-requisite Units: Nil
Term 2
MB03 - Managing People
This unit equips the students to fully understand the development and implementation of organisational strategy by representing the concerns and issues surrounding human resources, including diversity, staffing, employment law and training and development.
EFTSL: 0.125
Pre-requisite Units: Nil
MB04 - Marketing Management
The aim of this unit is for students to develop knowledge and skills regarding key concepts in marketing, understanding the marketing environment, and demonstrate critical marketing planning, implementation and evaluation skills.
EFTSL: 0.125
Pre-requisite Units: Nil
Term 3
MB05 - Contemporary Business Environments
This unit explores the fundamental issues regarding the corporate component of managing an organisation. Students will be provided with the opportunity to develop current corporate governance knowledge, develop the capacity to analyse and report on key corporate governance issues, and demonstrate an understanding of current legal and risk management challenges within public, private and not-for-profit sectors.
EFTSL: 0.125
Pre-requisite Units: MB01
MB06 - Economics for Managers
This unit focuses on both microeconomics and macroeconomics. Issues in the international economy affect individual businesses, therefore the basics of international economics are discussed, including the effects of international trade policies and exchange rates.
EFTSL: 0.125
Pre-requisite Units: MB02
Term 4
MB07 - Decision-Making for Business
This unit focuses on the development of a theoretical and practical understanding of the concepts and processes necessary for effective business decision making and problem solving.
EFTSL: 0.125
Pre-requisite Units: MB02
MB08 - Business Strategy
This unit focuses on what effective business strategy is, both theoretically and in practice, how it will be communicated and understood. It encompasses topics which are considered essential for the understanding, execution and evaluation of business strategy.
EFTSL: 0.125
Pre-requisite Units: MB05
Second Year
Term 5 - Specialisation unit
MB09 - Industry Project 1
This project is designed to provide the opportunity for students to conceptualise and develop an applied framework in preparation for the planning, implementation and evaluation of their industry project.
EFTSL: 0.125
Pre-requisite Units: MB07, MB08
Term 6 - Specialisation unit
MB10 - Industry Project 2
This unit is a capstone component of the MBA specialisation. Students must focus on their chosen area of specialisation and on the key stages of conducting a consulting project within an industry/business setting.
EFTSL: 0.125
Pre-requisite Units: Specialisation 1, MB09
Specialisations
Entrepreneurship
MBE01 - Entrepreneurship and Venture Creation
The objective of this unit is to expose the students to approaches to venture creation placing the entrepreneurial team at the Centre of the venture creation process.
EFTSL: 0.125
Pre-requisite Units: MB04, MB08
MBE02 - Venture Commercialisation
The unit integrates knowledge and skills of entrepreneurship, innovation, commercialization and strategic management with prior knowledge of accounting, finance, statistics, marketing and sales. Students learn how to evaluate a business opportunity and develop it through the various stages of commercialization towards an operational business model for early-stage enterprises.
EFTSL: 0.125
Pre-requisite Units: MBE01
Human Resources
MBH01 - HR Challenges and Future Directions
This unit provides students with an overview of the key principles and processes regarding managing people within a Human Resources Management context. Students will be exposed to a number of organisational scenarios where Human Resources professionals play a crucial role in addressing organisational challenges.
EFTSL: 0.125
Pre-requisite Units: MB03
MBH02 - Strategic Human Resource Management
This unit provides students with the opportunity to understand many of the key challenges faced by current and future Human Resources managers and leaders. Students will gain an understanding of cultural, technological and ethical issues in relation to Human Resources practice and performance.
EFTSL: 0.125
Pre-requisite Units: MBH01
Finance
MBF01 - Corporate Finance
This unit focuses on a core set of skills in financial statement analysis, firm cash flows and risk and return, valuation, investment decisions, working capital management, firm value, strategy and planning necessary in corporate finance positions.
EFTSL: 0.125
Pre-requisite Units: MB02, MB06
MBF02 - Financial Strategy and Markets
This unit provides an overview of the major Australian financial institutions, markets and monetary processes. It is aimed to assist students to develop a thorough understanding of finance within the Australian context.
EFTSL: 0.125
Pre-requisite Units: MBF01
Marketing
MBM01 - Consumer Behaviour and Communication
This unit provides students with the opportunity to understand and acquire current knowledge about both academic and applied elements of consumer behaviour and marketing communication. The focus is on understanding where consumer behaviour fits in terms of marketing strategy and the role of communication channels.
EFTSL: 0.125
Pre-requisite Units: MB04
MBM02 - Strategic Marketing
Strategic marketing focuses on the theoretical and applied importance of marketing strategy in relation to business competition and the various kinds of business and market analyses.
EFTSL: 0.125
Pre-requisite Units: MBM01
Project Management
MBP01 - Project Processes and Systems
This unit provides the necessary knowledge and skills for understanding and applying the project processes and how they are related to other business operations. It also develops an essential ‘systems thinking’ approach to project management which is vital in understanding the complexity and dynamics of a project and its operating environment.
EFTSL: 0.125
Pre-requisite Units: Nil
MBP02 - Project Risk Management
This unit examines the methods of understanding and identifying various risks involved in a project. Students will be introduced to techniques for analysing, estimating and prioritising risks.
EFTSL: 0.125
Pre-requisite Units: MBP01
Change Management
MBC01 - Change Management Theories and Concepts
This unit provides essential knowledge and skills for managing organisational change. It presents fundamental change concepts, theories and models underpinning organisational change which are vital in understanding and assessing the complexity of a changing environment. Students will develop the skills and knowledge to assess the need for an organisational change, understand the scope of change, evaluate the types and drivers of change and identify the resources and approaches for managing the organisational change.
EFTSL: 0.125
Pre-requisite Units: Nil
MBC02 - Implementation of Change
In this unit, students learn the skills to plan, lead, implement and successfully manage the organisational change process. Students will develop the knowledge and skills to prepare for and implement organisational change to stay competitive in a continuously evolving business environment. Students will draw from a range of theoretical approaches to change management providing due consideration to stakeholders and ethics to manage change effectively.
EFTSL: 0.125
Pre-requisite Units: MBC01
2022 Academic Calendar
Download the Master of Business 2022 Academic Calendar in PDF format here.
Term 1, 2022
Commencement: 7th February 2022
Census: 21st February 2022
Completion: 8th April 2022
Term 2, 2022
Commencement: 26th April 2022
Census: 10th May 2022
Completion: 24th June 2022
Term 3, 2022
Commencement: 18th July 2022
Census: 1st August 2022
Completion: 16th September 2022
Term 4, 2022
Commencement: 10th October 2022
Census: 24th October 2022
Completion: 9th December 2022
2022 Tuition Fees
| Course | Duration | Number of Units | Tuition Fee per Unit | Total Course Cost |
|---|---|---|---|---|
| Master of Business Administration | 18 months full time or up to 6 years part-time. | 12 | $2,490.00 | $29,880.00 |
Payment of Fees
Each Term, the unit fee is paid for each unit in which the student is enrolled. Students are able to either pay their own fees for each unit in which they are enrolled or choose to pay the unit fees using FEE-HELP (if eligible). Students can also choose to pay a portion of their unit fees themselves and the remaining portion using FEE-HELP (if eligible). Please note that the above unit fees are current for this calendar year and are reviewed and changed at the Institute's discretion for future terms.
Please click here to view the unit tuition fees.
FEE-HELP is available for eligible students to pay their tuition (unit) fees. You can find out more about Fee Help from the following publication: Fee Help Information – 2022. The Request for FEE-HELP Assistance form to apply for FEE-HELP will be provided to you upon being offered a place in the course or, for current students, with your term enrolment information.
If paying their own fees, students provide credit card details on the Term Enrolment Form or pay their fees by cheque or money order. Unit fees are due within 14 days of the Term commencing and an invoice/receipt is issued to the student.
Additional and Non-Tuition Costs
The following additional and/or non-tuition costs apply:
Textbooks
Textbook requirements vary between units and there are price variations between textbooks. Students receive a Textbook List with their Confirmation of Term Enrolment pack. Students are able to source textbooks from other suppliers if they choose. Students are encouraged to submit their online textbook order through the Co-Op https://www.coop.com.au/textbook/search prior to commencing their studies for the Term.
Library
External students borrowing hard copy library resources will need to pay for postage to return the borrowed item/s to the Institute at Locked Bag 15, Fortitude Valley 4006. Please refer to the Australia Post postage calculator for current indicative pricing: http://auspost.com.au/apps/postage-calculator.html.
For students living overseas, please check postage costs with your chosen postal or courier service. Overdue items are charged at $1- per day until the item is returned.
Entry Requirements
You can apply for entry into the Master of Business Administration if you have achieved the following:
Applicants are required to submit certified copies of their qualifications, a Curriculum Vitae and statements of service/written references from employers/line managers/supervisors, and a personal competency essay (300 words) to confirm experience and capability of the applicant. Further information on how to provide this is provided from College staff during the application process.
Financial Investment
You can choose to finance your unit fees through the FEE-HELP system. Alternatively, you can choose to pay your unit fees directly to us each Term, or use a combination of funding part of your fees through FEE-HELP and paying the remainder yourself.
The College strives to offer high quality tertiary qualifications at a reasonable and comparable price to other institutions.
How To Enrol
We encourage you to complete your enrolment as soon as possible for acceptance into the Master of Business Administration to reserve your place prior to the commencement of the next Term. To apply, simply complete and submit an Online Course Enrolment at www.colab.edu.au/apply. (You can save your application and return to finish it later if you need).
Please click here for more information on our Policies.
Please click here for more information regarding Articulation.
Please click here for Admissions Information.
Student successes
We support our students in their dreams of a new career and we're proud of all their success.
Taking time off from my work, I was travelling around Australia and it was when I came across COLAB and quickly realised that this was exactly what I was looking for – not having to go into the University, flexible with timing and could study at my own pace while continuing my travelling.
Michael Blackburn
Student, Master of Business Administration
Michael Blackburn
Student, Master of Business Administration
Taking time off from my work, I was travelling around Australia and it was when I came across COLAB and quickly realised that this was exactly what I was looking for – not having to go into the University, flexible with timing and could study at my own pace while continuing my travelling.
I started the Graduate Certificate in Business with COLAB. The teaching and learning has so well suited my requirements and fitted with my schedule that I have now progressed to the Master of Business Administration with COLAB. I was working in a refining unit in the mining production sector and have recently moved to the supply chain logistics section. The support and guidance provided at COLAB has been so great that I am able to implement the theoretical concepts learnt to my workplace. I am really hoping that this practical Master of Business Administration degree will take me through to greater heights.
The support from the team of lecturers was appreciated and they went out of their way to ensure that success is achievable. I have struggled with accounting concepts for many years and have attempted to complete this topic previously at other institutions.
Pamela Hetmanska
Student, Master of Business Administration
Pamela Hetmanska
Student, Master of Business Administration
I commenced the post-graduate business qualification in 2021 as our family had just purchased a business. Although I have worked in business and as a manager for several years, I felt it was important for me to undertake this study to further my knowledge.
The main two subjects I focussed on being the topics of marketing and accounting. This was a massive undertaking with the two subjects, however with the support from the entire team of COLAB this was made not only enjoyable but achievable.
The support from the team of lecturers was appreciated and they went out of their way to ensure that success is achievable. I have struggled with accounting concepts for many years and have attempted to complete this topic previously at other institutions. I was able to have teleconference and zoom meetings with lecturers (Victoria & Divya), who were able to take the time to ensure I understood the subject. (I passed which was an amazing feeling).
I am continuing my study and working through my MBA with COLAB as I know firsthand that they make themselves available to help you achieve success. I would and have recommended COLAB to others who are considering undertaking study.
Each day we go about our work and we have a natural ability to become complacent and we tend to accept what is around us. The course has re-established the process to see my daily activities differently and to ask more prevalent questions, as well as remind me of previous studies and business ethics and principals.
Patrick Swanepoel
Student, Master of Business Administration
Patrick Swanepoel
Student, Master of Business Administration
I embarked on the MBA study course to complete a degree I started 20 years ago which I need to complete. It was a plan in my business path, I always had the will to complete it however was always too busy to do the course and had small children at the time. The course creates an opportunity to pursue a far wider range of business ventures and really opens a new business world. The material and content are challenging to the level of exciting, and broadens one’s view and reinforces world business principals.
The Lectures and help received along the way was wonderful and they were always willing to go the extra mile to help and explain. The reason COLAB was so inviting is the tremendous flexibility and structure of the course.
Each day we go about our work and we have a natural ability to become complacent and we tend to accept what is around us. The course has re-established the process to see my daily activities differently and to ask more prevalent questions, as well as remind me of previous studies and business ethics and principals. The experience has really been very pleasant, and I would highly recommend studying with COLAB.