New two-year business master by coursework programs

Enhanced study options

National policy changes as part of the Australian Qualifications Framework (AQF) mean that from 2015 all Masters level programs will need to be of two years duration where a student does not have an undergraduate degree in a cognate discipline. Students with an undergraduate degree in a cognate discipline will be eligible to complete a 1.5 year masters degree.

For RMIT, a duration of two years is equivalent to 16 courses of 12 credit points each. At present most College of Business masters by coursework programs are 12 courses (1.5 years of full time study)

To align with this forthcoming requirement and ensure that no student is disadvantaged by these changes, the College of Business has reviewed its master by coursework programs and will offer programs that meet the future AQF requirement from semester 1, 2013.

Please note: During the transition period in 2013 or 2014, you are eligible to receive advanced standing for the first four common business courses upon admission to the program. Your program plan will comprise of 12 courses (equivalent to 1.5 years of full time study) and 4 courses advanced standing (equivalent to 0.5 years of full time study).

The new programs

Details of nine new masters programs are listed below - follow the links to see the full program guide. The entry requirements and learning outcomes for these new programs remain the same as the programs they replace.

RMIT program code

CRICOS program code

Program title

Location

MC199

077514D

Master of Business Administration (MBA)

City Campus

MC200

077515C

Master of Business Information Technology

City Campus

MC205

077517A

Master of Commerce

City Campus

MC201

077516B

Master of Finance

City Campus

MC196

077511G

Master of Information Management

City Campus

MC197

077512F

Master of Marketing

City Campus

MC194

077509A

Master of Professional Accounting

City Campus

MC195

077510G

Master of Strategic Procurement

City Campus

MC198

077513E

Master of Supply Chain and Logistics Management

City Campus

If you are selected into the above programs for commencement in 2013 and 2014, you are eligible to receive advanced standing for the first four common business courses.

Frequently Asked Questions (FAQ)

About the new programs

RMIT programs have been designed to allow you to tailor and sequence your studies to better meet the needs of professions and industries. The introduction of four common business courses at the start of the program will allow students without a degree in a cognate discipline to develop confidence in studying their discipline at a postgraduate level and maximise their opportunities for success in the later stages of their master degree.

What is the structure of the new programs?

The new 16 course business masters programs are structured as follows:

Common business courses

Designed so you are confident with the fundamentals of business theory and practices before undertaking specialised studies in your chosen discipline.It is these courses for which students can receive advanced standing.

Discipline-specific studies

In most cases, this stage will consist of prescribed courses in your chosen discipline, with some elective choice.

Specialised or elective studies

In most cases, this stage will allow you to choose electives that consolidate the knowledge you have gained from the previous stages of study.

The common business courses and advanced standing

It is anticipated that most domestic students commencing in 2013 and 2014 will want to take up advanced standing for the four common business courses.

Course code

Course title

Course guide

ACCT2127

Accounting for Management Decisions

View course guide

BUSM1162

Management 1 - Managing People

View course guide

BUSM3886

Business and Government in the Global Context

View course guide

ISYS1028

Global Business and Social Technology: A Case Study Approach

View course guide

Undertaking any of the initial four courses might be attractive to:

  • students who completed their business studies several years ago and want to get up to speed with the latest theory and practices
  • students who want to explore fundamental business courses to provide a context for more specialised studies

Do I need to apply for advanced standing for the four common business courses?

Domestic students

No. Domestic students commencing in 2013 or 2014 will be admitted to the program with advanced standing. If you wish to undertake any or all of the exempted courses please email bus.admissions@rmit.edu.au upon receipt of your offer.

International students

No, at the time of application, international students will choose whether they wish to be admitted to the program with or without advanced standing.

Can I still be admitted to the new programs without a degree?

A number of College of Business master by coursework programs have alternative entry requirements for applicants who do not have a formal qualification at undergraduate level (see Program Guides in the table at the top of this page). During the transition period in 2013 or 2014, students assessed as eligible for admittance based on these criteria will receive advanced standing for the four common business courses. From 2015 all students admitted to business master by coursework programs without an undergraduate degree in a cognate discipline will be required to complete the full 16 course program plan.

Can I still apply for other credit in addition to the advanced standing?

If you have completed or partially completed postgraduate business or management studies at another institution you may apply for credit transfer by submitting a Credit Transfer Application form. Credit and exemptions will be assessed consistent with the principles of the RMIT University Recognition of Prior Learning and Credit Transfer Policy.

What are the tuition fees for the new programs?

Normal tuition fees apply.

For more information about calculating fees, please visit the following webpage:

Calculating tuition fees for domestic fee-paying students

International students can view the annual tuition fee for each program at:

Programs, intakes and tuition fees.

Do I have to study the common business courses at the start of the masters program?

If applicable to your program plan, you must complete these before you progress to discipline-specific and specialised/elective studies.

Can I exit the masters program early?

Please review the information under Pathways for your program to determine availability of early exit qualifications (see links to Program Guides in table at the top of this page)

Additional FAQ's for current RMIT students in these Master by Coursework business programs

Must I transfer to the new version of my program?

Students currently enrolled in these Masters programs will continue in their current program, unless they notify the College of Business that they wish to transfer their enrolment to the new program.

Will this change mean that it will take longer to finish my degree?

If you choose to transfer to the new program the duration of the program may change if you choose to undertake additional courses.

If I transfer to the new program do I need to retake any courses?

No, you are not required to retake any courses which you have completed successfully.

If I choose to remain in my current program, how long do I have to complete that program?

Students who elect to remain enrolled in their current program will be taught out to the conclusion. You will still be governed by the university’s regulations relating to maximum time to complete your studies. Please visit the following webpage for details.

Maximum time limits for common RMIT awards guidelines

If I transfer to the new program will this change affect my GPA?

Your GPA will be unaffected. It will transfer across to the new program structure.

If I transfer to the new program what will appear on my testamur and transcript?

As there is no change to the program title, the program you are currently enrolled in will appear on your testamur upon graduation. Your academic transcript will reflect all courses in which you were enrolled or for which you were exempted.

I am graduating at the end of 2012 – does this affect me?

Assuming you complete your program and meet all requirements by the end of 2012, you are not affected by this change. The new program structure does not apply to current students unless they choose to transfer.

I am a current student holding a scholarship. Will this be affected if I transfer to the new program?

If you choose to transfer, you will enrol in a new program, and therefore your scholarship may no longer be valid. You are strongly advised to contact the University Scholarships Office to check whether your scholarship can be transferred to the new program before varying your enrolment. For further details, refer to page 6 of Scholarships and Grants Terms and Conditions.

I am an international student; will this change affect my visa?

If you accept a change of program by completing the offer acceptance process, you will receive a new eCOE (electronic confirmation of enrolment) which includes the expected end date of your new program. All of the information on your eCOE is also provided to DIAC (Department of Immigration). It is your responsibility to ensure that your student visa is valid until the end of the program. You are advised to contact DIAC if you need to renew or extend your student visa.

Students who complete a program earlier than expected are reported to DIAC as having completed their program and this will impact on the validity of the student visa. If you complete your program earlier than expected, please contact DIAC for advice on how long you can remain in Australia.

Contact details

If you have any questions please contact the relevant admissions team:

Domestic students
Email: bus.admissions@rmit.edu.au

International Students
Email: isu@rmit.edu.au