AIB ONLINE MBA

while you work

Australia’s Largest MBA Programme

WELCOME MESSAGE

We are well-regarded both nationally

YOUR LIFE-CHANGING EXPERIENCE STARTS HERE

and internationally, and our Online MBA is the most popular MBA programme in Australia (Australian Government Department of Education & Training, 2015 data). Due to our extensive alumni network

I take the greatest pleasure in welcoming you to the Australian Institute of Business, a 30-year-old business school whose mission is to provide life-changing experiences for our students. At AIB we believe in delivering quality, affordable and innovative education nationally and internationally. AIB gives students the opportunity to apply their studies directly to their workplace, resulting in a fast return on investment for both students and their employers. AIB has quite a special position in the private higher education sector. With our distinctive culture, we provide a clear student-centred environment in which to explore existing knowledge of business, and gain new learning at the leading

and strong online presence, AIB has been recognised multiple times by LinkedIn for our brand’s influence – in 2015 we were named ‘Australia’s Most Influential Brand’ on LinkedIn, and additionally in 2016 we were announced the third ‘Most Influential Education Brand’ in the world. As an institution that is accredited by the Tertiary Education Quality Standards Agency (TEQSA), you can also be rest assured that your qualification is subject to the same standards as every other higher education provider in Australia. I look forward to seeing AIB change your life, and how your achievement will help to inspire others as you become a student of one of our prestigious business programmes.

edges of business development.

Professor Rod Oxenberry Chairman of the Academic Board

Professor Rod Oxenberry, Chairman of the Academic Board, addresses graduates and guests at AIB’s graduation ceremony.

CONTENTS Five Reasons to Choose AIB

4

A Leading Higher Education Institution 5 Accreditation and Ranking

6

MBA Benefits

7

Our Students

8

Innovative Model - AIB Online MBA

10

How Does AIB’s MBA Compare to the Rest?

11

Structure and Duration

12

Subjects and Focus Areas

13

Subject Overviews

14

How to fit an MBA into Your Life

16

Student Support

18

Academics

19

Alumni

20

Graduation

22

Course Fees

25

Entry Requirements

26

FIVE REASONS TO CHOOSE AIB

1

FULLY ACCREDITED AND INTERNATIONALLY RECOGNISED AIB’s qualifications are internationally recognised and accredited by TEQSA within the Australian Qualifications Framework (AQF). This accreditation assists in ensuring that our qualifications are of an equivalent required standard to the same qualifications issued by other Australian higher education institutions, such as universities and colleges.

2

FOCUSED ON CAREER BENEFITS In a world that can change dramatically in the space of a few years, AIB’s delivery model provide students with an ‘edge’. Completing one subject at a time and integrating your study into your workplace will allow you to gain an immediate return on investment (ROI). For many of our students, this means achieving that promotion or setting up their own business sooner than they thought possible.

3

A GLOBAL EDUCATION NETWORK AIB’s courses are delivered via online learning, which means students can study from anywhere in the world. AIB students join a global alumni network from over 90 countries with access to renowned business speakers and outstanding academic and student support through every step of their journey.

4

BENEFITS FOR YOU AND YOUR EMPLOYER AIB directs and supports students to apply their learnings to their workplace, helping them to consolidate and reinforce their skills and provide immediate benefit to themselves and their employer from the time they start studying.

5

AN AFFORDABLE INVESTMENT AIB’s qualifications are among the most affordable in the market due to its scalable, online delivery mode and business specialisation. The qualifications are also designed to be completed while you work, providing students with the opportunity to continue to earn an income and progress their careers while they study. A survey of AIB’s 2015-16 graduates suggests students increased their salaries by an average of 30%.

A LEADING HIGHER EDUCATION INSTITUTION

AIB IS COMMITTED TO SERVING THE NEEDS OF WORKING ADULTS AROUND THE WORLD BY OFFERING COURSES WHICH ARE ACCELERATED, APPLIED, ACCESSIBLE, AFFORDABLE AND ACCREDITED

Alumni and current students of AIB’s

and research business school, based

by AIB include the: Master of Business

programmes span more than 90

in Australia. As ‘The Practical Business

Administration (MBA), Master of

countries and our online community

School’, AIB is committed to serving

Management (M.Mgt), Doctor of

reaches over 200,000 users around the

the needs of working adults around

Business Administration, Doctor of

world. AIB also has students and alumni

the world by offering courses which

Philosophy (PhD).

from 37 of the ASX top 50 companies.

All AIB courses are offered via Online

In 2015, the Australian Financial Review

Learning and are accredited by the

(AFR) confirmed AIB as Australia’s

AIB was the first private higher

Australian Government within the

Largest MBA Provider (AFR 2015).

education institution in Australia to

Australian Qualification Framework (AQF).

LinkedIn announced in 2015 that

are accelerated, applied, accessible, affordable and accredited.

be approved to confer the full suite

AIB was the Most Influential Brand

of business degrees including the

in Australia, and in 2016 announced

prestigious doctorate qualifications.

that AIB was the third Most Influential

Australian Institute of Business

The suite of business degrees offered

MBA

AIB is a 30 year old leading teaching

Education Brand in the world. 5

AIB’s local, national and international graduates gather to celebrate their success at AIB’s annual graduation ceremony.

ACCREDITATION AND MEMBERSHIPS

Senator The Honourable Simon Birmingham, Minister for Education and Training, congratulates graduates and presents them with their parchments.

ACCREDITATION IS ONE OF THE MOST IMPORTANT THINGS TO CONSIDER WHEN WEIGHING UP YOUR STUDY OPTIONS.

AIB is registered as a higher education provider in Australia by TEQSA (Tertiary Education Quality and Standards Agency), the sole government body in Australia authorised to register institutions of higher education, including universities.

This accreditation ensures all our qualifications are equivalent in standing to qualifications issued by Australian universities. As the AQF is internationally recognised, all compliant qualifications are internationally recognised by default.

AIB delivers undergraduate and postgraduate programmes, that are accredited by TEQSA as being compliant with the Australian Qualifications Framework (AQF). As the AQF is internationally recognised, so are AIB’s compliant qualifications.

Details of AIB’s registration status and accredited programmes can be found at the National Register maintained by TEQSA at www.teqsa.gov.au/ national-register/provider/prv12090.

Here is a snapshot of our range of recognitions, listings and memberships: PROFESSIONAL

ACADEMIC

Australian Marketing Institute (AMI)

Australian Council for Private Education and Training (ACPET)

Accounting and Finance Association of Australia and New Zealand (AFAANZ)

CHEA International Quality Group

Australian and New Zealand Marketing Academy (ANZMAC)

Australian Human Resource Institute (AHRI) Financial Services Institute of Australasia (FINSIA) The Australian Institute of Tourism Offices (AITO)

Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS)

CAUTHE - The Council for Australasian University Tourism and Hospitality Education

International Association of Universities (IAU)

Supply Chain and Logistics Association of Australia

Graduate Management Association of Australia (GMAA)

Small to Medium Enterprises Association of Australia (SME Association of Australia) Action Learning, Acton Research Association (ALARA)

Australian and New Zealand Academy of Management (ANZAM)

Small Enterprise Association of Australia and New Zealand Ltd (SEAANZ) Higher Education Research and Development Society of Australasia (HERDSA)

MBA BENEFITS

MBA

“Studying by distance was the only way I could conceivably do my MBA, but fitting the degree in around my roster was never too difficult, since I could take my course notes and journal readings with me wherever I go and work from my iPad between work days.”

Australian Institute of Business

Stuart Dunn First Officer B737, Qantas AIB MBA Student

7

The AIB Online MBA (Master of Business Administration) degree is internationally recognised and is seen as a passport to a successful management career.

MBA degrees provide students with knowledge of how people and processes operate within organisations and the wider environment affecting those organisations.

It is the world’s most popular postgraduate degree, with around 200,000 MBA graduates produced in the USA, and almost 30,000 Australians* studying for an MBA each year.

MBAs were first developed in the USA in the early 1900s. They were designed for graduates within technical disciplines who had little or no business education.

WHAT HAVE OUR GRADUATES GAINED FROM THE AIB ONLINE MBA? Source: AIB MBA Graduate Survey 2010 - 2015, conducted October 2015

ENHANCED PROFESSIONAL DEVELOPMENT

91%

As the world moves toward a more corporate and service-oriented economy, earning an MBA has become an effective way of not only ensuring your employment, but also ensuring your success and marketability in an everevolving job market. *US Department of Education statistics, 2014; Australian Financial Review 2015

IMPROVED ABILITY TO LEAD A TEAM

87%

PRACTICAL WORKPLACE KNOWLEDGE

89%

OUR STUDENTS

Becoming a part of the AIB alumni

OUR GRADUATED STUDENTS JOIN AN ALUMNI COMMUNITY, THAT TODAY REPRESENTS MORE THAN 90 COUNTRIES.

COUNTRY OF ORIGIN

52% 48%

YEARS OF WORK EXPERIENCE

AUSTRALIA

INTERNATIONAL

Course info and support

> General queries

> Enrolment assistance

> Study support

ORIENTATION

ONLINE LIBRARY

> Study resources

> Journals, readings, papers

> Practical hints, tips and activities for assignments and exam preparation

> Complimentary resources

LEARNING PORTAL

ACADEMICS

> Study materials

> Academic support

> Student forum

> Academic guidance

ACADEMICS

AIB STUDENTS ARE SUPPORTED BY MORE THAN 200 ACADEMICS, MARKERS AND FACILITATORS WHO PROVIDE ADVICE TO MBA STUDENTS BOTH WITHIN AUSTRALIA AND INTERNATIONALLY.

Students are at the centre of everything we do. The AIB academic team strives to develop and adopt academically rigorous, practice-centric curricula, innovative learning resources and realistic assessment techniques that cater for the diverse needs of our students. Our highly qualified academic team hold significant qualifications and experience in their field of expertise. AIB’s academics are regularly published in leading academic journals and particularly in conferences both interstate and internationally. They are driven by passion and purpose to positively change the lives of AIB’s student body. MBA

Professor Angèle Cavaye Academic Director, AIB

Australian Institute of Business

It gives us great pride to see every day how AIB’s courses enrich our students’ lives. The sense of fulfilment we gain as academics by supporting our students through their learning journey is what drew us to academia in the first place.

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ALUMNI

AS SOON AS YOU JOIN AN AIB PROGRAMME, YOU ARE ADMITTED INTO THE AIB COMMUNITY – AUSTRALIA’S LARGEST MBA STUDENT BASE AND FASTEST GROWING MBA ALUMNI NETWORK.

AIB alumni events are held across Australia and in several

To complement these events, AIB has an incredibly active and

international locations and feature industry leading speakers

vibrant social community on LinkedIn which allows for alumni

including entrepreneurs and business executives. These events

to keep in touch, business relationships to be formed, and job

allow current and past students to connect with fellow graduates

opportunities to be presented.

and students, faculty, staff and guests from industry.

If you think you can, or you think you can’t, you’re wasting too much time ‘thinking’. Just do it.

Ruslan Kogan Founder and CEO of Kogan (Speaker at AIB’s 2014 Melbourne Alumni Event)

Passion is something you can’t fake. You either love what you do or you don’t. If you do, you don’t have to work another day in your life. When you are driven by passion, it doesn’t occur as work.

Naomi Simson Founding Director of RedBalloon and ‘Shark’ on Network TEN’s Shark Tank Australia (Speaker at AIB’s 2015 Sydney Alumni Event)

MBA Australian Institute of Business 21

“One of the key lessons I’ve learnt throughout my cricketing career is that there’s no substitute for hard work. The harder you work, the luckier you get. There are no shortcuts or quick routes, so work as hard as you can.” Glenn McGrath Former Australian Cricketer, Co-Founder of the McGrath Foundation (Speaker at AIB’s 2015 Graduation Ceremony)

“The number one reason our business fails or succeeds is because of the people we surround ourselves with. Our business has goals and plans to succeed, and we need people who will work through every single challenge and just do it.” Janine Allis Founder of Boost Juice and Retail Zoo, and ‘Shark’ on Network TEN’s Shark Tank Australia (Speaker at AIB’s 2014 Graduation Ceremony)

“I learned very early on, if you want to achieve exceptional results, in person or business, you have to be prepared to take risks. Give things a go. Unless you try, you will never know. Always be aware of failure but never ever fear it.” John Anderson Founder of Contiki Holidays

(Speaker at AIB’s 2015 Adelaide Alumni Event)

GRADUATION

ALL GRADUATES ARE INVITED TO CELEBRATE THEIR ACHIEVEMENT AT THE PRESTIGIOUS AIB GRADUATION CEREMONY. The Australian Graduation Ceremony tends to be in November each year where Graduates are formally conferred their degree in the presence of their family, and a community of fellow graduates, faculty, industry guests, and Members of Parliament.

The ceremony is attended by faculty, academic and advisory board members, and high profile guests, many of whom have presented inspiring and thoughtful graduation keynote speeches. In recent years, these proficient keynote speakers have included Janine Allis, Founder of Boost Juice, and Glenn McGrath, former Australian International Cricketer, and Co-Founder of the McGrath Foundation.

Their speeches are aimed at motivating and inspiring our graduates with their successful business stories. As graduates of ‘The Practical Business School,’ graduates recognise the value their qualification has to the industry, due to its emphasis on practical application of each skill to the workplace, and know that this memorable achievement will be valued for a lifetime.

The sense of achievement on the day is just remarkable. Having my family watch me receive my parchment is a memory I’ll cherish forever.

Paolo Trevisan Assistant Director of Finance, Marriott International AIB MBA (Ent Mgmt) Graduate 2011

MBA Australian Institute of Business 23

GRADUATION MARKS A MOMENTOUS ACHIEVEMENT IN THE LIVES OF OUR GRADUATES THAT MARKS THE COMPLETION OF A LIFETIME INVESTMENT FOR THEIR CAREER.

COURSE FEES

Senator The Honourable Simon Birmingham, Minister for Education and Training, addresses graduates and attendees at the AIB Graduation Ceremony.

MBA

COURSE FEES AIB’s MBA programme is amongst the most affordable in Australia. Your specific course fees will depend on a number of factors including: your location, whether you are undertaking the course in stages, whether you are entitled to exemptions, and when you are planning on commencing studies. Your Course Advisor will be able to provide you with the current fee schedule and determine your specific course fees payable.

FEE-HELP The Australian Institute of Business (AIB) is an accredited Higher Education Provider and is approved to offer FEE-HELP, an Australian Government loan scheme which assists eligible students to pay part or all of your tuition fees. No loan fee applies to FEE-HELP loans for the MBA, and the Commonwealth Government pays the amount of the loan directly to AIB on the student’s behalf. Your eligibility for FEE-HELP is not affected by your income and assets.

Interest is not applied to FEE-HELP debts, however an index amount is applied each year and this indexation amount is in line with the Consumer Price Index (CPI). For further information regarding FEE-HELP, please visit www.studyassist.gov.au.

UP-FRONT PAYMENT OPTION If you are not FEE-HELP eligible and you are not studying in Australia, you may enjoy considerable savings by paying for your course fees up-front. Paying up-front also protects you from future course fee increases.

FUNDING SOURCES In addition to FEE-HELP, funding sources vary from student to student. The vast majority utilise personal funds for their studies, while others prefer to spread their payments into manageable amounts over a period of time with a low-rate credit card, personal loan, or incorporating this in a home loan.

PAYMENT MODES Payments can be made by (Visa/ MasterCard) credit card online through our payment gateway which attracts a small credit card surcharge. Other accepted modes of payment are: cheque, direct debit, and bank transfer.

TAX BENEFIT If you are accepted into the course, you may be able to obtain a tax deduction of your course fees as a self-education expense. Please visit www.ato.gov.au for more information or consult your accountant. Contact one of our Course Advisors by calling 08 8212 8111 or via email at [email protected] to find out about payment options available to you. Other fees are listed in the application form.

Australian Institute of Business

“AUSTRALIA’S MOST AFFORDABLE MBA” (MBANEWS.COM)

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ENTRY REQUIREMENTS

APPLICANTS WHO WISH TO UNDERTAKE THE MBA COURSE MUST SATISFY THE FOLLOWING MINIMUM ENTRY CRITERIA FOR THE FIRST STAGE OF THE COURSE, NAMELY THE GRADUATE CERTIFICATE IN MANAGEMENT. The applicant must have ONE of the following:

A BACHELOR’S DEGREE

AN ADVANCED

OR DIPLOMA

OR

MINIMUM 3 YEARS EXPERIENCE

A qualification deemed equivalent

A qualification deemed equivalent

A minimum of three years

to an Australian Bachelor’s

to an Australian Advanced

managerial experience deemed

degree, preferably with some

Diploma with at least three years

acceptable by AIB.

professional practice.

relevant work experience.

If you have begun an MBA (or Graduate Certificate in Management or Graduate Diploma in Management) at another institution/ university and would like to transfer to the AIB Online MBA, you may be able to apply for exemptions and a course fee reduction on a subject-for-subject basis. Simply contact your Course Advisor, who will take you through the exemption and application process.

ENGLISH REQUIREMENTS Where the applicant’s medium of instruction (at a tertiary level) was not English, the applicant must have obtained: (i) a score of 575 or better on the TOEFL; or (ii) a score of 6.5 or better on the IELTS; or (iii) a credit or better in English in the GCE “O” or “A” levels or equivalent; or (iv) any other evidence of English proficiency acceptable to AIB.

MBA Australian Institute of Business 11

Join Australia’s largest MBA programme. Get qualified, enrol today!

Senator The Honourable Simon Birmingham, Minister for Education and Training, confers awards at a recent AIB Graduation Cermony.

Australian Institute of Business 08 8212 8111

08 8212 0032

[email protected]

Entry criteria, fees, assessment methods and services are correct at time of printing (October 2016). Australian Institute of Business reserves the right to alter the details without prior notice.

www.aib.edu.au