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Flexible, Accessible, and Career-Advancing

Take the next step towards leadership with the Victorian Institute of Technology (VIT) Australian MBA program. Whether you're a mid-level professional looking to accelerate your career or a seasoned leader aiming to refine your skills, our flexible, accessible, and comprehensive MBA program is designed to help you achieve your career goals.

I want to enrol in a Masters of Business Administration (MBA)

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Why Choose the VIT Australian MBA?

The Victorian Institute of Technology (VIT) is an Australian-accredited institution that offers a Master of Business Administration (MBA) program tailored to meet the needs of professionals worldwide. Our program is designed to provide practical skills, real-world insights, and networking opportunities with global professionals, making it easier for you to step up into leadership roles.

Since 1998, VIT’s vision of providing quality and accessible education has helped financially disadvantaged students who often cannot afford to carry a large student debt. Let make it easier for you to decide if the MBA is for you – by offering a first-hand experience of the full MBA program.

Comprehensive Curriculum Tailored for Leaders

Our MBA curriculum is carefully crafted to cover all essential business areas, including strategy, leadership, decision-making, and communication. It equips you with the skills you need to thrive in today’s fast-paced business world.

Let's unlock your potential

MBA degrees can lead to a lot of flexible career paths such as banking and finance, management consultancy, consumer brands (e.g. P&G, Unilever) and IT (e.g. Amazon, Afterpay).

Those who specialise might have their sights set on industries they are already in. For example, a hotel employee doing an MBA specialisation in tourism and hospitality might have their eye on one day becoming general manager of their hotel.

Our teaching staff support you throughout your degree to help you understand the job market, where the current opportunities are and what strategies will help you. The VIT coordinator for internship and industry engagement contacts with various partners will not only help students with internships during their degree but also when seeking work upon graduation.

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STUDENT REVIEWS

Read the reviews of some of our students on their VIT experience

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TATENDA MABHIZA
MBA - ONLINE

Completing my MBA with VIT was an incredible journey, supported by dedicated advisors and diverse industry-leading lecturers. The accessible LMS portal and comprehensive materials greatly aided my learning experience, enriching both my professional and personal life.

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DAVID HUDSON
MBA - ONLINE

VIT's online MBA exceeded my expectations with its comprehensive, engaging courses and affordability. The program's flexibility allowed me to effectively balance work and studies, making it a highly recommended option for anyone seeking quality education.

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JACKIE NAKABIRA
MBA - ONLINE

VIT has a supportive learning team that keeps in contact with students at each and every step plus the academic staff are very supportive too. I am happy to have enrolled at VIT.

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RAOJHI BSTT
MBA - ONLINE

Currently I am pursuing my MBA with the Victorian Institute of Technology as an offshore student. I am highly impressed and delighted with the lecturers, and the accessibility to the library and resources helps me to do my research and study effectively. I am very happy that I study with VIT.

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SANKET R KADAM
MBA - ONLINE

VIT's online MBA program provided me with a comprehensive curriculum, flexible scheduling, and personalized attention from faculty, enhancing my learning journey. The collaborative framework with peers enriched the experience, making it a top recommendation for those seeking to enhance their business acumen.

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Requirements

Entry requirements

You can satisfy the English language requirements in a number of ways (Academic IELTS, Academic PTE, TOEFL iBT, CEFR (CAE or CPE and others) to meet the VIT's Course-specific English language requirements. You must satisfy the requirements in one sitting or combinations of English preparation or you may be considered subject to meeting our internal assessment on a case by case basis, preceding the proposed date of commencement of course enrolment. Please contact VIT for further admission enquiries.

18 years or older at commencement of course.

An English Language proficiency level of one of the below:

  • Meet the entry requirements through one of the following English Language Tests:
    • Academic IELTS band overall 6.5 and no individual band less than 6.0
    • Academic PTE: 58 or above with no communicative skill below 50
    • TOEFL (iBT): 79 or above; Writing 21; Speaking 18; Reading 13; Listening 13
    • TOEFL (Paper): 577 + TWE 4.5
    • CAE: 176 or above with no skill below 169
    • A Levels with a C or better in English/English literature in the General Certificate of Education (GCE)
    • Other tests as approved by Academic Board
  • Successful completion of 12 years of schooling in Australia
  • Successful completion of a degree or diploma in Australia
  • Satisfactory completion of at least one semester of higher education study in an Australian Institution (satisfactory for this purpose would mean that the applicant has completed 50% or more of the semester load)
  • Completion of an undergraduate degree from the following countries where English is the official language: Australia, Canada, New Zealand, Singapore, South Africa, Republic of Ireland, United Kingdom and United States of America
  • Completion of an undergraduate or postgraduate degree where English was the medium of instruction and assessment. (Evidence is mandatory)
  • In exceptional cases, the Executive Dean or delegate, can consider an English entry requirement waiver, other than the above criteria, on a case-by-case basis as deemed fit.

  • Any recognised degree is required to enter VIT’s MBA course. A recognised degree is any Australian or equivalent overseas degree at AQF level 7 or above.

Non-Graduate Entry: Graduate Certificate

  • If a candidate does not hold any previous bachelor’s degree (AQF 7) or a recognised equivalent qualification from any other country, the candidate can be admitted to the Graduate Certificate of Business Administration (GCBA), with at least five years of relevant experience, and if they successfully pass the 4 units of GCBA they may exit with a GCBA and/or may continue with an MBA course.

Course Content

Learn to manage businesses across international borders. With a global lens, you will refine essential business skills, study how to manage international projects, and make decisions based upon data analyses. Whether you decide to pursue a general MBA or MBA with a specialisation, we will ensure that the qualification you are completing is always industry focused and relevant internationally. To drive your future, we offer four MBA distinctive specialisations.While considering important issues of sustainability, you will study how cultural complexities like political geography and multicultural management impact business practices. Learn how approaches to leadership, change management and ethics affect today’s global environment.

Core Unit Structure

Engage with the 'language of marketing'—a toolkit for decision-making and strategic thinking, essential for steering organizations towards their goals. Learn to create and communicate value, manage customer relationships effectively, and ensure the sustainability of business practices. Explore contemporary marketing dynamics and issues and develop a robust foundation to act like a seasoned marketer committed to long-term organizational success.

Master financial decision-making to optimize stakeholder wealth. Delve into investment strategies, financing, and dividend decisions, with a focus on shareholder value. Explore time value of money, security valuation, capital budgeting, and more. Apply financial tools to solve complex corporate challenges, gaining insight into market efficiency and behavioural finance. This problem-oriented unit empowers you with practical skills for impactful financial management.

Enhance organizational strategy and customer experience with effective logistics and supply chain management. Learn to capture market opportunities and reduce operational costs through a deeper understanding. Boost profitability and customer satisfaction by developing robust logistics and supply chains. Understand sustainable logistics, supply chain, and operations management aspects. Gain a solid foundation in logistics and supply chain principles, enhancing strategic and operational efficiency in organizations.

Examine how organisations gather and generate multiple forms of information, and how this information is analysed and converted into useful knowledge via judgement. Drawing on the insights of psychology, sociology and management science, learn about the many facets of good judgment associated with decision-making. Explore conceptual foundations, practical tools, and case studies to discuss the costs, benefits and risks of the various analytical methods that will be introduced.

Develop knowledge and skills to identify, critically analyse and make effective decisions to resolve people-related issues in organisations, facilitate employee development, and develop and sustain effective teams in complex operating environments. Learn about strategic human resource management, Organisational design, culture and ethics, motivation and performance management, retention and succession planning. Get exposed to practical contexts in order to apply the theoretical aspects of their studies through case studies and professional input.

Gain appreciation, knowledge, and skills to deal with the complexities of organisations. Build understanding with a focus on the behaviour of the individual. Critically analyse behaviour at the group level including the dynamics of group and team behaviour, communication, politics, and leadership. Consider organisations including structure and design, culture, and change.

Practice the key principles of strategic management. Understand and apply different strategy formulation processes in use by a variety of organisations, including a range of strategic management tools and techniques to critically analyse and gather the information required to develop an organisation’s strategy. Understand how strategic management incorporates knowledge of innovation, contemporary dynamics and entrepreneurship. Consider the role of innovation in public and not-for-profit organisations.

Explore the differences and similarities of leadership and management functions based on theoretical and research literature. Examine the theoretical and practical aspects of leadership. Interact with case studies and different theories and frameworks for a rich understanding and a wide variety of perspectives to assess and develop leadership in organisations. Investigate aspects of leading and managing through change, adapting styles to suit different situations and organisational settings while reflecting on your own practices and organisations

Identify where exactly the problem lies. Correctly recognize the relevant contemporary factors in the situation needing investigation. Know what types of information are to be gathered and how. Make use of the information collected, and draw appropriate conclusions to make the right decisions. Know how to implement the results of this process to solve the problem.

This is a practical-based business or research double-credit project unit. Undertake project tasks in a corporation, non-profit organisation, government agency or small business. Learn to apply skills and knowledge in critical thinking, analytical thinking, problem-solving, decision-making and communication. Select or be allocated a project based on your interest and/or chosen specialisation. Be guided through the processes of proposal preparation, project planning, data collection and analysis, project implementation and project reporting. Reflect on the project, providing evidence of implementation and reporting on the project.

This is a practical-based business or research double-credit project unit. Undertake a business project originating in-house in a simulated environment related to studies completed to date. Learn to apply skills and knowledge in critical thinking, analytical thinking, problem-solving, decision-making and communication. Select or be allocated a project based on your interest and/or chosen specialisation. Be guided through the processes of proposal preparation, project planning, data collection and analysis, project implementation and project reporting. Reflect on the project, providing evidence of implementation and reporting on the project.

Course Structure

All units are equivalent to six credit points, except BUS6400 Capstone Project(12 credit points).
MBA (non-specialisation)
  • Four semesters full-time;
  • 96 credit points;
  • A core of 66 credit points;
  • 5 free electives of 30 credits, chosen across the specialisations;
  • Advanced Standing/RPL for eligible students will reduce the duration of the course;
MBA (specialisation)
  • Four semesters full-time;
  • 96 credit points;
  • A core of 66 credit points (10 units);
  • A specialisation of 24 credit points (four units);
  • 1 Free elective of 6 credit points, chosen across the specialisations;
  • RPL of up to 24 credit points (four units) for eligible students (see entry requirements) reducing duration to three semesters full-time;

Course Structure with Specialisation

Finance specialisation

Understand the theory and then apply the principles of investment management. Examine the principles, theoretical concepts and practice of investment analysis, and investment and portfolio decision-making. Learn about the various tools for making financial investments. Gain an overview of conceptual frameworks and paradigms within which individuals and organisations can analyse the risks and returns of investments and make informed decisions.

Learn to create shareholder value, with due consideration given to the role of corporate finance within the broader context of corporate governance. Gain a comprehensive introduction to corporate financial management. Explore links between the mathematics of finance and discounted cash flows to finance theory, valuation, and investment analysis, commencing with an understanding and analysis of accounting statements from a finance perspective. Consider short- term finance, essential to many small and medium enterprises (SMEs).

Investigate the practical application of financial analytic modelling using appropriate modelling tools including spreadsheets. Explore both modelling and financial theory, including computer modelling methodology, activity-based costing, shareholder value analysis, risk measurement, spreadsheet modelling, capital budgeting, project management, optimal capital budgets, short-term planning and financing, accounts receivable and inventory, and statement analysis.

Develop the skills, terminology and knowledge in the context of more sophisticated accounting issues. Focus on the financing of the organisation, and on the interpretation of statements that form the output of financial accounting. Learn the key processes and techniques of financing elements of management accounting. Discuss financial statement interpreting and analysis, the finance decision, capital structure, capital management, restructuring and investment decisions.

Information Systems specialisation

Evaluate the strategic and operational roles of information systems in organisations. Critically analyse the purpose, components, and challenges related to common business information systems. Build knowledge and understanding of the foundations of IT and business, and how they align and complement each other which is essential in studying the more advanced units that follow.

Examine the fundamentals of managing knowledge and intellectual capital, understanding some of the measurement issues, processes and cycles involved in their management, and the specific issues in managing knowledge-based workers and the organisations in which they work. Learn about contemporary issues in managing knowledge, intellectual capital and other intangible assets.

Learn and practise how to apply agile principles and practice requirements, analysis and scrum concepts while providing software solutions. Analyse customer requirements using agile-based software engineering practices and a body of knowledge. Develop analytical and critical thinking skills by applying various agile practices, agile tools and technologies, scrum concepts and scaling agile to situations using various case studies.

Examine the fundamental principles, strategies and approaches used by project managers. Explore the stages of project management from initial project selection through to final closure. Discuss planning, estimating, quality management, risk management, managing stakeholders, developing the project team and the use of appropriate project planning software.

Leadership and Management Specialisation

Become familiar with various strategic leadership theoretical frameworks, models, key concepts and tools to analyse organisational strategies and make suggested improvements and strategic initiatives. Learn to discern the appropriate strategic model and concepts that need to be applied in certain circumstances to achieve a competitive advantage for the organisation. Balance different priorities and multiple perspectives, set vision and tactics in place to achieve that vision, whilst creating value for the organisation.

Identify the importance of sustainability to a variety of organisations and develop the skills and tools to create realistic sustainable plans based on the risks and opportunities that exist. Explore competitive advantage gained through sustainable practice. Enhance your understanding that managing sustainability is managing for the long-term.

Examine the fundamental principles, strategies and approaches used by project managers. Explore the stages of project management from initial project selection through to final closure. Discuss planning, estimating, quality management, risk management, managing stakeholders, developing the project team and the use of appropriate project planning software.

Challenge perspectives of organisational change in view of the models and theories in the course. Critically evaluate the current literature, theories and models of organisational change and leadership. Diagnose and reflect on reactions to change and transition on both a personal and organisational level and the impact this has on how leading and managing change.

Tourism and Hospitality Management specialisation

Develop the skills and knowledge necessary to both plan and deliver events of various types and scales. Learn to manage a special kind of project – the event – including the initiation, planning, implementation, evaluation, and legacy management. Explore those factors that act to condition how events are undertaken, including considerations linked to ethical and socially responsible business practice.

Understand how companies carefully integrate and coordinate their many communications channels to deliver a clear, consistent, and compelling message. Explore this specific mix of advertising, personal selling, sales promotion, and public relations a company uses to pursue its advertising and marketing objectives. Discuss the fragmentation of mass markets, causing marketers to shift away from mass marketing, resulting in increased media fragmentation, and techniques to excel in this environment.

Examine a holistic approach towards tourism and its management, with a strong emphasis on sustainability. Identify and analyse the general management principles and systems that apply to all the various types of sustainable tourism and hospitality operations. Explore in more detail the operational issues associated with a particular type of tourism operation.

Work towards advancement in making guests feel welcome, making things work for guests, and balancing service quality and continuity with profitability. Gain specialist skills and knowledge while understanding the unique aspects of the tourism and hospitality sector. Explore the wide and varied roles of managers in this industry through case studies and investigation of real organisations.
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FAQ's

Frequently Asked Questions

Got questions about VIT? Look no further! Whether it's about admission requirements, program details, or fee details we've got you covered.

You qualify for a MBA if you have an Undergraduate degree or if you have at least 5 years professional, managerial or supervisory experience. You are first enrolled in our graduate certificate in business administration (GCBA, the first four units of our MBA) and on successful completion, you may progress to finish the rest of the MBA curriculum.

A full course load of 16 units is expected to take 2 years of full time study. However, you may be eligible for recognised prior learning (RPL) based on your education and work experience.

Course cost is $16,000 (16 Units MBA without RPL) or $12,000 (12 Units MBA with RPL). Or, if you are eligible for FEE-HELP from the Australian Government, you can start this course for $200 and only pay the course fee once you are employed!

If you have a recognised bachelor’s degree in business (AQF7 equivalent) or related discipline, or a recognised bachelor’s degree or above in any discipline and at least 2 years professional, managerial or supervisory experience, you may be eligible to receive credit for recognised prior learning. However, your academic qualifications must be 10 years old or less to be recognised.

Ready to Elevate Your Career?

Don't wait! Join our global MBA program today and gain the skills needed to lead in any business environment.
With flexible online learning, affordable tuition, and internationally recognised accreditation, VIT is the best choice for your future.

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