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September 2, 2021

Master of Business Administration: a long-term investment on yourself

It’s not uncommon for overseas visitors to consider the idea of enrolling in a course of study in Australia. However, sometimes it comes to choose a title that is going to be useful for future career opportunities and for eventual migratory pathways. What is of primary importance is that a study pathway will most probably have a huge impact on our future careers. Especially when the considered sector in higher education (in other words, University courses), the period of study will reveal to be specific and extensive. After a Bachelor’s or a Master’s degree, indeed, an individual is fully equipped to approach the job market with a definite position. Once a direction is taken, it is quite hard to change, especially if the intention to change is identified at a late stage in time.

The good news is that Australia boasts one of the most prestigious educational systems in existence at the academic level. In fact, there are six Australian universities that appear in the world’s Top 100. Regardless of the presence of universities in international rankings, a 2019 study by the specialized Global Network Universitas 21 has published a ranking of the 50 best university systems in the world, with Australia scoring 10th.

The number of courses that can be chosen in Australia can be countless. Today, we’ll speak about one in particular: the Master of Business Administration. This course is also known as MBA, and it is considered one of the most desirable titles for aspiring entrepreneurs or future belongingness to the upper management class of paid employees. This sort of program can take different structures: some are neutral (entirely focused on general business management) while others include one or two specializations like ‘Health Care Industry, Luxury, Data-Analysis, International Tourism, Multinational Corporations, Project Management, Digital Marketing.

When we look at migratory pathways following the conclusion of an MBA program, we also need to keep in mind that any working and permanent visas are often tied to a specific occupation. When a University course reaches 92 weeks of length (about 2 years), it also gives the new graduated the right to apply for a special class of visa called Subclass 485. This Visa is specifically thought to provide an applicant who has recently graduated the time to accumulate post qualification working experience. This visa lasts for 2 years and has unlimited and unconditioned working rights. Below are listed most of the career pathways that can be attempted after the obtainment of a Master of Business Administration:

  • Business Analyst or StrategistBusiness
  • Development Analyst, Associate, or ManagerMarket
  • Research Analyst
  • Managing Director
  • Investment Banker
  • Marketing / Advertising Specialist
  • Financial Analyst, Associate, or Manager
  • Management Consultant
  • Marketing / Advertising Manager
  • Financial Investment Manager
  • Records Manager
  • Customer Service Manager

How much does an MBA costs? There are plenty of MBAs out there. Prices for such kinds, of course, can touch up to A$ 250,000. However, the name of the institution is not all, especially for those that have a budget to abide by. What is important for busy professionals is the quality of teaching, the mode of delivery, and the capacity of the educational provider to place students to work. The good news is similar solutions start from $18,200 per year if we take into account available scholarships. Cities, where it is possible to study an MBA at these prices, are Melbourne, Sydney, Brisbane, but also Perth and Adelaide, two cities where the Post Graduate Visas are released for three years instead of those two.

Why enrolling in an MBA program? The answer is straightforward: nowadays corporations regard their employees as assets able to solve the most complex business issues and problems. An MBA program works in particular on the personal development of the student. It’s not just about adding technical skills but also turning an individual into a charismatic leader, a public speaker, and a person equipped with a critical sense. An MBA, indeed, favors ‘ a strategic and integrated vision of the company, develops and reinforces management skills, provides the ability to identify, understand and cope with critical and complex situations.

What do you need to be admitted? You need to have completed a Bachelor’s Degree. Despite not being critical, your graduation score might be influent on the grant of scholarships. In addition to the Graduation Certificate, the University will want to see the transcript with all the subjects completed during the Bachelor and the relative grades. If official documents are not issued in English, NAATI translations will need to be provided as well. Also, English language requirements will need to be satisfied through the provision of an IELTS test, TOELF or PTE (consider that some Universities provide free and internal English Placement Tests).

Attending an MBA while working. Is that possible? Most MBA programs are thought for busy professionals. It is possible, each term, to decide if to follow online or attending face-to-face. Lectures are always available on-demand to be replayed in case of need or when final assessments are due. The timetable structure is very flexible: you will be able to allocate preferred days and times for each subject.

Visa News Australia

Atlas Migration is a free info-point based in Sydney but operating all across Australia. If you wish to receive an answer in relation to a question concerning your Visa, migration matter, educational pathways, and general information, feel free to contact our dedicated Facebook chat (click here) and one of our consultants will be at your disposal for free. We also deal with migration matters (Migration Agent consultation, Australian visas application, Citizenship request, skills assessment) and educational pathways for international students (English courses, vocational courses, University and higher education pathways).

We’d like to remind you that at this moment to people in certain parts of Australia it is requested to respect social distancing, which means keeping a 1,5 meters distance from other individuals. On the official website of your Australian state, you will be able to find additional information. To retrieve information valid on a national scale, you can visit the Department of Health official website. If you recognize in yourself symptoms similar to fever or flu, our advice is to stay home and get tested immediately. You can do so by contacting your General Practitioner or by calling the free toll number 1800 020 080.

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