1 P a g e 1 ADVANCED DIPLOMA OF HOSPITALITY TORRENS UNIVERSITY AUSTRALIA Master of Business Administration & Master of Business Administration (Advanced) Course Information
2 P a g e 2 MASTER OF BUSINESS ADMINISTRATION and MASTER OF BUSINESS ADMINISTRATION (ADVANCED) Move up in your professional career and develop critical strategies to guide your business and employ dynamic leadership skills. The Master of Business Administration (MBA) course is designed to develop your cognitive, technical and creative skills to make effective decisions in a global context. You will develop strong business acumen which will help you to lead people, teams and businesses and enhance your career prospects. Discover how you can apply your knowledge and skills instantly in your current workplace or a new entrepreneurial venture. The MBA (Advanced) is an elongated MBA program designed specifically for international students to be a two-year program studied full time. The MBA (Advanced) takes an interdisciplinary approach to provide work-ready graduates with real world skills. With themes of teamwork, ethical decision-making and strategic planning, the MBA (Advanced) is designed to provide an advanced body of knowledge to the changing business environments in which you aspire to work and manage. Take advantage of our trimester based system and flexible learning options through our online, face-toface and hybrid study modes and complete your study in as little as one year with fast-tracked intensive subjects and optional touch point weekend sessions. This course allows you to enter or exit with a Graduate Certificate or Graduate Diploma of Business Administration. Graduate Outcomes: You will graduate with the skills and knowledge to critically analyse core business functions, implement strategic process, manage risk and lead complex teams. MBA graduates are often employed in the following roles: Senior Product Manager Head of Marketing, Strategy & Development Capital Investment Analyst Director of Operations Senior Consultant Senior Product Manager Business Development Manager Director of Sales General Manager CEO Contact us to discuss your career pathway options.
3 P a g e 3 Quick Course Guide: Qualification Title MASTER OF BUSINESS ADMINISTRATION & MASTER OF BUSINESS ADMINISTRATION (ADVANCED) Study Options Domestic Australian students Full-time on campus (Adelaide and Sydney), Online and Hybrid (Adelaide and Sydney) Study options Overseas students FT On Campus (Adelaide and Sydney), Part time options available upon request Start Dates February, May, September Course Length Domestic students: 1 year full-time (fast tracked). Part-time options available International students: Full Time: 2 years Entry Requirements For Domestic students: Completed a Bachelor s Degree (AQF Level 7) or above from an Australian University or an equivalent overseas higher education qualification and 3 years of relevant work experience (in a leadership position) Finance Options - Domestic Australian students FEE HELP Students without formal qualifications are eligible to apply for entry to the Graduate Certificate of Business Administration if they have seven years of professional, administrative or managerial work experience. Applications will be assessed on a case by case basis. International students require an IELTS 6.5 with no sub score less than 6.0.
4 P a g e 4 Course study requirements On campus: Timetabled 10 Hours per week FT. 10 hours per week of selfdirected study for each 4 units of coursework (Full- Time) PT Options available upon request Assessment Subjects have a range of assessment options to suit the students requirements and circumstance. Methods of assessment may include time constrained, written examinations, individual assignments based on live briefs, group assignments, project reports, presentations, research reports, work integrated learning, scenarios and case studies, and reflexive logs. Location Adelaide and Sydney (On- Campus and Hybrid students) Online national. International students oncampus delivery only in Adelaide and Sydney Delivered by Torrens University Australia Accrediting body TEQSA CRICOS Course code (if applicable) G (MBA) G (MBA Advanced) Location and Start Dates This course can either be studied face-to-face or a combination of face-to-face and online (hybrid) at the Torrens University Wakefield Street Campus in Adelaide, South Australia and THINK Education Campus in Sydney Ultimo. International students are required to study on-campus in Adelaide and Sydney. Online students are able to study through the Torrens Learning Portal. Optional Touch Point sessions are hosted at THINK Education campuses in Sydney Ultimo, Melbourne Little Collins Street and Brisbane Fortitude Valley. There are three intakes a year for this course; February, May and September. Contact your Course and Career Adviser now for upcoming start dates and lecture times.
5 P a g e 5 Torrens University Australia Torrens University Australia is part of Laureate International Universities, a leading international network of quality, innovative institutions of higher education comprised of 80 universities across 29 countries. Torrens association with Laureate International Universities gives you the opportunity to leverage the network of over 1,000,000 students around the world including more than 100,000 online students. Chifley Business School at Torrens University Australia For over two decades, Chifley has provided business and management education across Australia and internationally from a comprehensive range of Master of Business Administration and related postgraduate courses, through to diploma and certificate courses, short courses, corporate training and consulting. We deliver flexibly to meet client and career needs with online and flexible disciplines, through to face-to-face learning tailored for specific corporate needs. Chifley Business School is ranked as one of the Top 20 MBA Providers in Australia, and Top 10 Value for Money by the Australian Financial Review s MBA Boss ranking in 2011 and Chifley Business School was created by industry and remains focused on providing education to professionals looking to excel in industry. Dynamic Online Learning Dynamic Online Learning mode means you can achieve success in your own time. We provide ondemand access to your course materials and content so you can study whenever it s convenient to you. At specific campuses, we also offer hybrid courses that combine a online and on-campus study to provide you with yet another option for completing your postgraduate course. Small Class Sizes Get direct and personalised access to our industry-experienced lecturers and learning facilitators, through small class sizes and valuable one-to-one interactions, regardless of whether you study online or on campus. Fast-Track Your Career and Professional Network Advance your career sooner: Torrens operates on a trimester system so many courses can be completed in less time than at other institutions. Imagine walking out of Torrens with a Master degree in as little as 12 months. Build your network: Torrens runs optional Touch-Point weekend sessions that give you the opportunity to hear from industry professionals, converse with lecturers and expand your multidisciplinary network in a face-to-face environment. With a session every trimester at one of our national campuses, you can build your network faster while you study. Affordable Study If you re a domestic student, your investment in your education is protected by Torrens membership of the TAFE Directors Australia Higher Education Assurance Scheme. If you are a domestic student, please refer to our Tuition Assurance Statement. International students are covered by our membership to the Tuition Protection Scheme, an initiative of the Australian Government to assist international students whose education providers are unable to fully deliver their course of study. The TPS ensures that international students are able to either complete their studies in another course or with another education provider or receive a refund of their unspent tuition fees
6 P a g e 6 Course Subjects *Timetable subject to change and availability To qualify for the degree of Master of Business Administration, the candidate must complete satisfactorily a program of study that comprises all core subjects (32 units) and four elective subjects (16 units). A combined total of 48 units is required. To qualify for the To qualify for the degree of Master of Business Administration (Advanced), the candidate must complete satisfactorily a program of study that comprises all core subjects (32 units), all four subjects in the Technology Management or Project Management specialisms (16 units) and four elective subjects (16 units). A combined total of 64 units is required. Core Subjects Subject Code Subject Name Units Value MGMT 6012 Management Perspectives 4 MGMT 6000 Dynamic Leadership 4 ECON 6000 Economic Principles and Decision Making 4 MGMT 6002 Influencing and Making Decisions 4 FINA 6017 Financial Management 4 MGMT 6009 Managing People and Teams 4 MKTG 6002 Marketing 4 MGMT 6011 Strategic Management Capstone 4 Elective Subjects Subject Code Subject Name Units Value MGMT 6003 Operations Management 4 MGMT 6013 Management Information Systems 4 MGMT 6005 Innovation, Creativity and Entrepreneurship 4 PROJ 6000 Principles of Project Management 4 MGMT 6014 Organisational Best Practice 4 MGMT 6015 International Business Strategy 4 MGMT 6016 Corporate Sustainability 4 MGMT 6017 Technology Strategy 4 MGMT 6018 Business Law and International Contexts 4 MGMT 6019 Engineering Risk Management 4 PROJ 6015 Advanced Project Management 4 MGMT 6020 Employer Based Project 4 Technology Management Specialisation To specialise in Technology Management, the candidate must include the following elective subjects: Subject Code Subject Name Units Value MGMT 6013 Management Information Systems 4 MGMT 6019 Engineering Risk Management 4 MGMT 6017 Technology Strategy 4 MGMT 6020 Employer Based Project 4
7 P a g e 7 Project Management Specialisation To specialise in Project Management, the candidate must include the following elective subjects: Subject Code Subject Name Units Value PROJ 6000 Principles of Project Management 4 PROJ 6015 Advanced Project Management 4 MGMT 6020 Employer Based Project 4 Elective from the Master of Global Project Management 4 With prior approval, subjects from other Torrens University Australia postgraduate courses may be included in the elective component of the degree. Candidates may request to substitute up to three core subjects for elective courses if they have completed subjects that lead to AQF Level 7 or above qualifications or recognised equivalent qualifications which have a significant overlap of content with the substituted subjects. Subject Descriptions Management Perspectives Understanding organisational behaviour, politics, dynamics and environments and how they impact on the role and legitimacy of the management function is the core of this subject. This subject helps individuals understand the constraints they face as managers and emerging leaders and how they can develop strategies to leverage advantages and overcome constraints and barriers in their organisations. The subject also focuses on developing some of the advanced communication skills necessary in management and leadership roles, and the ability of the individual to influence others. The subject introduces students to the concept of naturally occurring data and qualitative analysis. Dynamic Leadership Being an effective and genuine leader in a dynamic era requires an understanding of leadership concepts, how leaders think and act, and how various management styles impact situations and relationships within an organisation. Being a dynamic leader also demands a strong set of competencies such as motivating self and others, leading creativity in an organisation, cultural intelligence, and navigating ambiguity. This subject provides students with a foundation of leadership theory, styles, and approaches, and an opportunity for students to assess and build on their own leadership styles throughout the subject, developing their personal sense of social justice in the workplace as they progress through the subject. As such, the subject introduces students to reflexive research methodologies and the concept of the lived experience as a research method. Economic Principles and Decision Making Business leaders are expected to make considered and rational decisions that take cognisance of the complex competitive and often volatile environment they operate in. This course explains the micro and macroeconomic context needed for making these decisions. It also outlines how institutions, particularly the government and regulatory authorities, shape and constrain that environment. By the end of the course, students will be able to use economic theories to help them make decisions about the optimal allocation of business resources and to understand the potential impact of regulatory and economy wide changes on their business environments. Influencing and Making Decisions Being a leader in a dynamic era requires educated judgment and decision- making skills. How do leaders collect the most pertinent and important information to make decisions that impact human and financial capital? On what basis are decisions made? This subject engages students in the nuances of data collection, how to filter data and how to use it most effectively in decision- making. Students will apply decision-making theory and behavioural economics to a range of case studies to acquire situational based leadership, judgment, and decision-making skills. The subject further develops students quantitative research skills.
8 P a g e 8 Financial Management This subject is focused on how to utilise accounting and financial information for decision- making purposes. It is designed for the leader who will be using, rather than producing accounting and financial information. This subject also addresses the various types of financial decisions that leaders must make, and the strategies necessary to anticipate the alternatives, evaluate the advantages and disadvantages of each and recognise the tradeoffs inherent in each alternative. The objective of this subject is for students to learn how to apply accounting and finance theory and principles to the analysis of important business problems, further developing their skills at using quantitative analysis and research to support a line of argument. Managing People and Teams This subject focuses on the development of knowledge and skills to enable students to identify, analyse and make effective decisions to resolve people- related issues in organisations, facilitate employee development, and develop and sustain effective teams in complex, diverse, and increasingly global operating environments. Topics include strategic human resource management, organisational design, culture and ethics, organisational behaviour, motivation and performance management, retention and succession planning, and organisation, project and functional teams. Students will focus on group based research methods in this subject including the use of focus groups, surveys and other instruments that provide data about group samples. Marketing 21st Century professionals who wish to achieve a position of leadership must have a clear understanding of the importance of marketing and a grasp of effective marketing practices. This subject provides an overview of both marketing theory and the practical application of innovative marketing strategies. Students will also come to understand how product, price, place, and promotion contribute to the marketing mix as they explore research- based insights into consumer behaviour. This subject focuses on research methods relating to samples and inference, particularly with regards to market research data collection and analysis. Operations Management This subject examines the key issues currently facing all organisations when creating products and services for highly competitive and rapidly changing markets. Outperforming competitors will require building a sustainable competitive advantage around operations through the design of operations processes, and the operation of these processes. Students will gain an understanding of the theories, concepts and models that support operations from a strategic perspective, design, measurement and performance management of operations, key implementation decisions, supply chain management, the impact of e-commerce and technology, and analysis, decision-making and communication of outcomes to diverse audiences. Strategic Management Capstone This subject is the culminating experience for the MBA. Drawing on concepts covered in other subjects, the capstone focuses on developing students strategic thinking to build and sustain competitive advantage in organisations. Specifically, students are exposed to the frameworks and tools used to develop and evaluate business strategies, including industry analysis and analysis of a firm s competitive advantage, resources and capabilities. The subject also addresses the issues of business scope, diversification, and managing strategic change. A final project enables students to demonstrate their ability to think strategically and apply the concepts and tools learned in the subject to an organisation of their choice. This subject sees students combine a range of research methodologies to a real business problems to demonstrate how the rigour and application of research processes can underpin the justification for change. Prerequisite: All core MBA subjects Employer Based Project This subject will enable students to apply their research skills to solving a managerial problem in their work context to utilise a work related project opportunity that has arisen from their progress on the MBA in their workplace. In an applied research project, students will analyse a real-world management problem of which he or she has experience or has been able to observe, such as poor financial performance, resistance to organisational change and loss of market share. The students are expected to analyse the problem in terms of relevant concepts and develop feasible options for solving the problem. The subject will contain a research
9 P a g e 9 methods component. Alternatively, students may use an organisational development opportunity being afforded to them by their organisation through some form of corporate training as the basis for this unit report. In this instance the assessment will be the application of the additional training to their work and an impact analysis of the training on their practice. Both options require elements of research methodology to be applied in the context of their workplace. Prerequisite: At least 32 units of MBA subjects. Innovation, Creativity, and Entrepreneurship This subject seeks to build the knowledge, skills and attitudes required to succeed as an entrepreneur. These knowledge and skills are then applied to identify and evaluate innovative high-growth product and service opportunities in the context of a start-up, a corporation, a not for profit or a government institution. The subject equips students with practical skills, including creativity tools, cash-flow modelling, business model analysis and lean experimentation. Students prepare a business plan for a new venture, enabling them to integrate their theoretical and practical knowledge. Prerequisite: Financial Management Principles of Project Management The process of creation, from conception through distribution, is complicated and requires a diverse set of management skills. Students in this subject are introduced to the knowledge, tools, and techniques needed to manage projects successfully throughout a project life cycle, and to the language used by practitioners in conjunction with the terminology recognised by the Project Management Institute (PMI). Students explore the project management knowledge areas and process groups of the Project Management Body of Knowledge (PMBOK) guide. Students also examine the ways these two dimensions of project management interact in initiating (scoping), planning, executing (launching), monitoring and controlling, and closing a project. Business Law and International Contexts This subject introduces students to the law, the role of the law and the impact the law has in its operation on managerial and business practice. Contract, tort, intellectual property, agency and employment law are considered, as well as means and methods of considering dispute resolution. How these are contextualised internationally is explored. Management Information Systems The use of, control of, manipulation and presentation of data in organisations is becoming increasingly important in the management of stakeholder expectations. This subject explores the role of managing information systems, the impact of technological change on the management of information, and the risks associated with poor information management. Students work with case studies and scenarios to develop strategies for reviewing management information systems in their own contexts. Organisational Best Practice Benchmarking and the ability to collect, analyse and present benchmarking data to influence organisational decision making is a core competence for many organisations. This subject develops students analytical skills and understanding of benchmarking processes and procedures before supporting them in a benchmarking exercise of their own. International Business Strategy As business becomes increasingly global with the use of the internet making all goods available everywhere, the better prepared an organisation is for international markets, the more successful it is likely to be. This subject focuses on the risks, strategies, and implementation of international business plans, requiring students to both evaluate current practice and develop an international strategy for their own organisation or organisation of their choice. Engineering Risk Management While the context of this subject is engineering, the content is applicable to other contexts and industries. The subject focuses on risk management, risk assessment and risk mitigation plans, including the necessary communication plans and skills to ensure that incidents and risks are managed as safely as possible in a controlled manner. The value of such activities is critically analysed to ensure that the effort expended is appropriate to the size of the risk.
10 P a g e 10 Corporate Sustainability This subject is underpinned by notions that are measured by the triple bottom line: economic, social and environmental costs and benefits. The subject explores the competitive advantage to be gained through sustainable practices and requires students to develop a sustainability strategy for an organisation of their choice. This subject explores the issues of social justice and human rights more fundamentally than other subjects as sustainability issues for the future. Technology Strategy Technology impacts on most everything that we do in organisations, how we do deliver and perform, and how efficiently we manage our operations. Technology strategy therefore focuses on making the right decisions about the deployment of technology in line with business strategy and the risks associated with making the wrong technology decisions. The subject employs a range of research methods to draw up scenarios for decision making, and requires the students to present the case for a technology innovation strategy to a board of stakeholders. Prerequisite: Management Information Systems. Advanced Project Management This subject develops the ability of project managers to analyse a project need and pitch for a project management assignment through the creation and presentation of a tender document. It prepares students for the reality of working as an internal or external project management consultant. Prerequisite: Principles of Project Management Frequently Asked Questions Is the Chifley Business School at Torrens MBA recognised? Chifley Business School at Torrens University Australia is an accredited Australian Higher Education Provider and Registered Training Organisation that specialises in developing and delivering relevant and accessible management education for professionals. The school was originally an education program pioneered by the Association of Professional Engineers, Scientists and Managers, Australia (APESMA) due to a shortage of relevant postgraduate qualifications aimed at engineers. Chifley Business School is ranked as one of the Top 20 MBA Providers in Australia, and Top 10 Value for Money by the Australian Financial Review s MBA Boss ranking in 2011 and Can I get a credit transfer? The Maximum credit units allowed for transfer from the MBA is 24 units and MBA (Advanced) is 32 units. Can Torrens University help me find work while I m studying and after I graduate? Through our Careers and Industry services, we also provide students with technologically advanced employability profiling and upskilling, courtesy of a range specialised of events and seminars in conjunction with leading employers. Torrens assists students in developing current employability skills and helps them to access leaders in their field, for their personal networks and industry placements. Torrens enjoys many mutually beneficial relationships with industry that empower our entire student cohort to be successful graduates. Are any payment options or financial assistance available? Torrens University Australia is a private university. It is not funded by the Australian Government and charges tuition fees for all of its undergraduate, postgraduate coursework and research courses. Eligible students may choose to defer some, or all, of their tuition fees through FEE-HELP.
11 P a g e 11 FEE-HELP is a loan scheme that assists eligible students pay their tuition fees. FEE-HELP applies to undergraduate, postgraduate and research study. Students repay their FEE-HELP debt through the tax system when their income exceeds the minimum threshold for compulsory payments. In the tax year, the income threshold is $53,345. What are the enrolment dates for the courses? There are three intakes per year for each Torrens University course. You may enrol anytime during the year and start in the term of your choice. However, please be sure to book early to reserve your place. If you have any further questions, please contact your Course and Career Adviser for additional information. Phone: (within Australia) Phone: (International) Join the Torrens University Australia Facebook Community