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MACQUARIE UNIVERSITY - [MQ], SYDNEY, NEW SOUTH WALES - PROGRAMS

Sydney, New South WalesLOCATION
UniversitySCHOOL TYPE
Estd 1964Established Year
  28729Enrollment

Master of International Business [M.I.B]

 2 years
 full time
  English
 on campus

Field of Study

$ 24,840 

1st Year
Fees

International Student Tution

Check Detailed Fees

Program Description

  • The Master of International Business at Macquarie University is offered as a 2-year full-time program.
  • Students will develop their research skills via a research project.
  • Students can work towards a double degree by combining this course with the Master of International Communication or the Master of International Relations to expand their knowledge.
  • To successfully complete the Master of International Business, students must complete learning  the following concepts:
    • Principles of Accounting
    • International Financial Management
    • International Trade
    • Principles of Finance
    • Economic Analysis
    • International Business Strategy
  • Students will have the opportunity to undertake a supervised workplace internship under the guidance of a workplace mentor and obtain academic credit for it.
  • Student's learning will be enhanced by the location in Australia’s largest high-tech precinct, which is brimming with a collaborative, internship, and employment opportunities. 
  • The overall employment rate for postgraduate courses is  89.6 per cent.
  • After completing this, students would be able to work as: 
    • Export and import manager
    • Management consultant
    • International licensing/franchising manager
    • Policy consultant
    • Joint venture project manager
    • International marketing manager
  • Macquarie Business School is accredited by the Association to Advance Collegiate Schools of Business (AACBS), so students will be studying with a globally recognized institution. 
  • Macquarie is ranked number one in Sydney for median graduate salary, overall quality of educational experience, teaching experience, and skills development.
  • Macquarie University ranked 9 in Australia for employability (QS Graduate Employability Rankings, 2020)
  • Macquarie University ranked number one in Sydney for overall graduate satisfaction in business and management (QILT, 2017).
  • This degree is suitable for recent graduates or professionals who wish to update their business knowledge and skills with an international perspective, or for those looking to change career direction.

Program Highlights

Degree Type Offered Master
Duration2 years
Fees$ 49,680 for 2 years
Delivery TypeFull Time
Admission Intake Term 1 (Deadline - Feb 07)
Language Proficiency TOEFL,IELTS,PTE
Program Urlhttps://courses.mq.edu.au/2019/international/postgraduate/master-of-international-business

Eligibility & Entry Requirement

Academic Eligibility:

  • Students require a bachelor's degree in related fields like Business, Commerce, Economics from a recognized institution with 60%. 
  • Students with no previous formal education in English need to provide proof of English Language Proficiency through IELTS/TOEFL or any equivalent test.

Indian Students Eligibility:

  • Students must hold a bachelor's degree or equivalent from a recognized institution with a minimum GPA of 5.0 on a 7.0 scale, which is equivalent to 60-64% in India.


Required Document List

Following are the required documents:

  • Academic Transcripts: Students have to provide full certified copies of academic transcripts.
  • CV/Resume: Outline of academic achievements or awards, publications, relevant work or volunteer experience
  • Statement of purpose: Explain the reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Letter of Reference: Students need to submit two letters of reference.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL other recognized English test results.


Application Deadline

Term 1
Feb 07

Term 2
May 01

Term 3
Jul 24


Scores Required

83 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

58 / 90

Avg. Score in

PTE


Fees & Funding

Tution & Application Fees

YearYear 1Year 2
Tuition fee$24840$24840

Ranking

Academy Ranking of World Universities 2020

Ranked #201/ 400

Business [ International ]


Scholarship Grants & Financial Aids

NameAmountInternational Students EligibleApplication Deadline
Macquarie Vice-Chancellor's International Scholarship Program $6,648 Yes N/A
Vice Chancellor’s International Scholarship- St Xavier’s College Variable Yes 09 Jun, 2020
Macquarie Indian Partner Arts Scholarship Variable Yes N/A
Macquarie Research Scholarship Variable Yes 31 Aug, 2020
MGSM Scholarship Variable Yes N/A
Bharat Petroleum Scholarship 2020 Variable Yes N/A
Paul Foundation scholarships $20,174 Yes N/A
FINCAD Women in Finance Scholarship $20,000 Yes N/A
QS Leadership Scholarship $10,000 Yes 30 Apr, 2020
Go Clean Scholarship $3,500 Yes 31 Dec, 2020
Australian Government Research Training Program Variable Yes N/A
Collegedunia $150 Scholarship Program $150 Yes N/A
VueVille Future Technology Scholarship $1,000 Yes 30 Sep, 2020
BrokerFish International student scholarship $1,000 Yes 21 Dec, 2020
JN Tata Endowment Scholarship Variable Yes 09 Mar, 2020
Destination Australia Scholarship $11,070 Yes 07 Jul, 2021
Australia Awards Scholarship Variable Yes N/A
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VISA & Work Study

VISA

An international student must obtain a Student Visa of Australia to study and work in Australia for a period longer than 6 months. There are different types of visa such as:

  • Student Visa: The student visa is a temporary visa that allows students to come to Australia for a specified period to study at an Australian educational institution.
  • Visitor Visa: After completing the course, students may need to apply for a Visitor (Tourist) Visa to attend the graduation ceremony or stay to have a holiday.
  • Relative’s Visitor Visa: If student's relatives wish to attend the graduation ceremony and require a letter to assist with their Visitor Visa application, they can order an official Graduation letter.
  • Temporary Graduate Visa: The Temporary Graduate Visa allows graduates to work in Australia temporarily after they finish their studies. It has two streams: the Graduate Work stream and the Post-Study Workstream.
  • Applying For permanent Residency: International students who wish to remain in Australia permanently need to apply for Permanent Residency (PR). 
  • If students are under 18 years of age, they must have approved accommodation and welfare arrangements in place before a visa can be issued.
  • Students will need the following documentation when applying for a Student visa
    • A copy of the offer letter
    • Valid Passport
    • A copy of electronic Confirmation of Enrolment (CoE)
    • The visa application payment specified on the Department of Home Affairs website.

Work Study

  • Student visa holders are able to work up to 40 hours each fortnight while their course is in session.
  • Students can also work unlimited hours during scheduled course breaks.
  • Postgraduate Research students are able to work up to 40 hours each fortnight during any preliminary courses. They can work unlimited hours once their master's by research or doctoral degree has started.

Career and Placement after Course

After completing this program students have job opportunities in :

  • Financial institutions
  • Government organizations
  • Management consultancy firms
  • Marketing and PR firms
  • Multinational enterprises
  • NGOs (non-government organizations)
  • Small to medium-size businesses



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