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#172 Melbourne MBA Program & Admissions Interview with Anastasia Georgiou

“We manage student needs through a high touch service… We try not to operate like a standard business school but more like a school for business.”

Anastasia Georgiou, Director of Admissions at Melbourne Business School, discusses what makes the Melbourne MBA unique, the school’s admissions process, career opportunities and more.

Program Highlights (4:38) | Admissions (19:00) | Scholarships (31:20) | Careers (34:00)

About Our Guest

Anastasia Georgiou is Director of Admissions at Melbourne Business School. Anastasia has worked in higher education and admissions for over 20 years.

What is unique about the Melbourne MBA? What are its key advantages?

  • Highest ranked Australian MBA by Financial Times, Economist and QS
  • Offered Australia’s first MBA program starting in 1963. Melbourne Business School is 55% owned by Australia’s leading companies and 45% by the University of Melbourne
  • Melbourne was ranked the world’s most livable city for 18 years straight and is the multicultural capital of Australia
  • MBA can be completed in 1 or 2 years
  • Well-known for marketing and finance, and has recently set up Centres for Business Analytics and Sustainability & Business
  • Prides itself in offering a high-touch MBA experience for 40 students/year

Touch MBA’s Melbourne MBA Fast Facts

last updated October 2020

Program Highlights (4:38)

  • 1 intake/year in Fall
  • Length: 1-2 years
  • ~40 participants/intake
  • ~20 nationalities/intake
  • Program structure: 11 core courses, 6 electives, optional internships and exchanges, 1 business in complex environments capstone
  • Melbourne Business School is a member of PIM, comprised of more than 50 business schools across 23 countries for exchange
  • Rankings: #80 Financial Times 2020, #28 Economist 2019
  • Dual MBA / Masters in Marketing degree available
  • Accredited by AACSB and EQUIS

Admissions (19:00)

  • 4 rounds of deadlines from August to May
  • Avg GMAT: 695, GMAT or GRE accepted, no minimum GMAT score, GMAT is not required for Australian/New Zealand Australian graduates, but could affect possible scholarship funding
  • Avg age: 29, Avg work experience: 6, 2 years of work experience required
  • 2 recommendations required
  • English proficiency requirements: TOEFL (102 IBT with a written score minimum of 24 and no individual score lower than 21), IELTS (7 with no band below 6.5), PTE (English Academic PTE with a minimum score of 65 and no communicative skill below 65)
  • Interviews conducted by Career Management Center

Financing & Scholarships (31:20)

  • Full-time MBA Tuition: 89,500 AUD
  • Merit-based scholarships available, ranging from 12,000 AUD to full tuition, awarded for domestic and international students, indigenous Australians, emerging and senior women business leaders, as well as students focused on a particular sector

Careers (34:00)

  • Full-time placement report? No
  • 96% of graduates employed within 3 months
  • Salary: Average is $115,679 USD, 3 years after graduation (Financial Times)
  • Top Industries: not available
  • Top Functions for Class of 2018-20: 54% Consulting, 9% Marketing, 9% Finance, 8% Analytics, 5% Business Development
  • Top Geographies: 86% Australia, recent graduates also working in New Zealand, China, Myanmar, Singapore and the United States
  • International MBA graduates can apply for a work visa (2 years) or employer sponsorship; applicants are encouraged to seek advice from a licensed visa agent
  • 8,500 Melbourne Business School alumni in 95 countries

Show Notes

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