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#34 Melbourne Business School MBA Admissions Q&A with Edward Cook

Melbourne MBA Program Director Edward Cook

“For Western students, if you’re interested in getting some exposure in Asia but don’t want to jump in the deep end… you can dip your toe in the water and see what it’s like. For Asian students, the University of Melbourne has a strong brand in Asia… also, they are interested in getting that Western perspective. So it fills both roles: the Western way of doing business but located on the periphery of Asia.”

Mr. Edward Cook, Director, MBA Programs, Melbourne Business School joins the show this week to talk about one of Australia’s top ranked MBA programs and how to get in.  We also discuss how employers view MBAs in Australia and the benefits of being part of a small (50-60 student) but very international cohort.

The Melbourne MBA in a Tweet: “Global business leaders learning within an intimate and multicultural environment.”

Listen on for much, much more…

Melbourne Business School MBA

Touch MBA’s Melbourne MBA Essentials

Program Highlights (3:56)

  • The Melbourne MBA program began in 1963 and was Australia’s first MBA program. Melbourne Business School is 55% owned by Australia’s leading companies and 45% by the University of Melbourne
  • 1 intake / year in August
  • Length: 1 year
  • Campus in Melbourne, ranked No. 1 most liveable city in the world by the Economist Intelligence Unit in 2011
  • ~50 participants/intake (up to 80)
  • ~30 nationalities/intake, class is ~70% international
  • Program Structure: Orientation (Leadership Unit, Social Responsibility Unit), 12 core courses, 6 electives, Capstone Project – Business in Complex Environments
  • Partnership with 37 exchange schools in Asia, Europe and the Americas
  • Rankings: #62 Financial Times 2013, #27 Bloomberg Businessweek 2012, #27 Economist 2013
  • Ranked #1 in Asia Pacific by the Economist
  • Accredited by AACSB, EQUIS
  • Dual Degrees / Joint Programs: MBA / Masters in Marketing

Admissions (15:12)

  • Deadlines for Aug 2014 intake (decision date)
  • Round 1: 28 Feb (31 Mar)
  • Round 2: 31 Mar (30 Apr)
  • Round 3: 30 Apr (31 May) International closing date, Dean’s Int’l Scholarship Deadline
  • Round 4: 31 May (30 June)
  • Candidates should apply early for scholarship and visa reasons
  • 4 applicants per full-time seat
  • Avg GMAT: 670, Min score 570, 600+ GMAT scores preferred
  • Avg age: 28 (24 – 32), Avg work experience: 5, 2 years min work experience recommended
  • Min TOEFL: 253 (computer), 610 (paper), 102 (internet), IELTS: 7.0
  • Looking for candidates who are academically strong, impact their communities, and have an international perspective

Financing (21:15)

  • Tuition
  • Full-time MBA Tuition: AUD $75,000, roughly $72,000
  • Recommended living expenses: AUD $16,000 – $26,000, roughly $15,500 – 25,000 USD
  • Scholarships
  • Scholarship amounts range from 10% to Full Tuition
  • Scholarships are merit and regionally based and awarded with offer

Career (24:42)

  • 88% of graduates had job offers within 3 months of graduation
  • Average Salary for 2012 graduates: A$120,310, a 107% increase on pre-MBA average salary
  • Over 50,000 business graduates and 7,000 MBA alumni worldwide in more than 90 countries, 6 international alumni chapters
  • Student visa allows students to stay in Australia for 1 month after graduation; students interested in staying in Australia can apply for a permanent resident visa

Get in Touch

  • Send your CV to MBS’ admissions team at study@mbs.edu for a profile evaluation
  • Contact MBS students and alumni through LinkedIn

Show Notes

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