Master of Business (MBIS) - MBus

CRICOS code (International applicants): 061303B

Notes

There are limited courses available in semester 3.

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In this section:

• Program focus
• Accounting and sustainable business
• Applied finance
• Business forensics
• Information systems
• Personal financial planning
• Property

Program focus

The Master of Business is an advanced academic program for graduates of any discipline or for students with extensive relevant business experience. This program aims to develop generic business skills and to extend those in a specialised area.

Accounting and sustainable business

This specialisation provides advanced study in corporate environmental management, environmental politics and policy, and accounting and finance issues related to sustainability. Graduates in Business (or related disciplines) may be eligible for up to four exemptions for foundation courses, to be granted on the basis of prior successful completion of relevant undergraduate study.

Applied finance

This specialisation provides advanced study in finance, including global financial markets, investment management strategies and international financial management. Graduates in Business (or related disciplines) may be eligible for up to four exemptions for foundation courses, to be granted on the basis of prior successful completion of relevant undergraduate study.

Graduates of this specialisation meet the educational entrance requirements to become a Senior Associate member of the Financial Services Institute of Australasia (Finsia), and meet the education requirements for professional membership of the Finance and Treasury Association (FTA).

Business forensics

This specialisation focuses on the prevention and detection of fraud and manipulation of financial reports. It provides advanced study in forensic accounting, financial statement analysis, business intelligence and information security, which are key skills for accountants who wish to specialise in this field. Graduates in Business (or related disciplines) may be eligible for up to four exemptions for foundation courses, to be granted on the basis of prior successful completion of relevant undergraduate study.

Information systems

This specialisation provides advanced study in information systems planning and implementation, decision support, data communications, project management, information security and strategy. Graduates in Business (or related disciplines) may be eligible for up to four exemptions for foundation courses, to be granted on the basis of prior successful completion of relevant undergraduate study.

Personal financial planning

This specialisation provides advanced study in financial planning, for candidates wishing to practise as a financial planning professional.

Completion of the Master of Business with this specialisation enables graduates to satisfy the requirements to become licensed as financial services providers or authorised representatives and provides graduates with advanced standing into the CFP® Certification Program with the Financial Planning Association of Australia. (Any exemptions granted may affect this standing so the student is advised to confer with the association).

Property

This specialisation provides a concise, focused program that considers all aspects of property, including the development of new property projects, ownership and management of property assets, and consideration of the legal environment in which projects are managed.

Graduates in business and property-related disciplines may be eligible for up to four exemptions for elective courses, to be granted on the basis of prior successful completion of relevant undergraduate study.

Program aims

The Master of Business is an advanced academic program for graduates of any discipline or for students with extensive relevant business experience. This program aims to develop generic business skills and to extend those in a specialised area.

Program objectives

Upon completion of the Master of Business students will be able to:

• demonstrate underlying knowledge of the theoretical structure underpinning their chosen area of specialisation

• apply those theoretical principles in business

• apply a range of management skills relevant to their specialisation.

Admission requirements

Subject to approval by the Director of Postgraduate Studies, admission to the Master of Business degree will be available to graduates with an approved bachelor degree.

Applicants for the Accounting and Sustainable Business and Business Forensics specialisations must hold one of the following from a recognised University:

• an approved undergraduate degree in Commerce (Accounting) or a related discipline, or

• a Master of Professional Accounting, or

• a Diploma of Business subject to the approval of the of Director of Postgraduate Studies.

Candidates who do not have a degree may be permitted to enrol in the Postgraduate Certificate in Business, provided that they have a minimum of five years full-time equivalent work experience, which includes relevant experience, as determined by the Director of Postgraduate Studies. Upon completion and achievement of a minimum GPA of 4.0, they will be eligible to articulate into the Master of Business.

International applicants must have met the University's English language requirements or have completed the University's ELICOS/EAP program.

How to apply

Domestic students

Application for postgraduate programs may be made directly to USQ. You should ensure you submit your application by the closing dates.

International students

This program is offered to international students. An international student is a person who is not an Australian or New Zealand citizen and not an Australian permanent resident. Please refer to USQ International for information about entry requirements, visa arrangements and how to apply.

Program fees

Domestic full fee paying place

Domestic full fee paying places are funded entirely through the full fees paid by the student. Full fees vary depending on the courses that are taken. You are able to calculate the fees for a particular course via the Course Fee Finder.
Domestic full fee paying students may be eligible to defer their fees through a Government loan called FEE-HELP.

International full fee paying place

International students pay full fees. Full fees vary depending on the courses that are taken and whether they are studied on-campus, via distance education/online. You are able to calculate the fees for a particular course via the Course Fee Finder.

Program structure

The program is comprised of 12 units. A student must complete one specialisation (which will appear on their testamur).

Note: It is assumed that students, when selecting 8000 level courses, have a basic knowledge in these areas (either from their undergraduate degree or from relevant work experience)

Specialisations

Note: Not all specialisations are offered in on-campus mode. Where a specialisation is offered on-campus, it may not be offered in that mode at all campuses.

Accounting and Sustainable Business

Students must study four foundation, four core and four elective courses. The elective courses must include at least two 8000 courses.

Applied finance

Students must study four foundation courses, four core courses and four elective courses. The elective courses must include at least two 8000 courses.

Business forensics

Students must study four foundation, four core and four elective courses. The elective courses must include at least two 8000 courses.

Information systems

Students must study four foundation, seven core and one elective course.

Personal financial planning

Students must study four foundation, six core and two elective courses.

Note: The foundation and core of this specialisation will satisfy requirements for registration as an authorised representative under the Financial Services Reform Act 2001 and is included in the ASIC register of accredited training programs and the FPA advanced standing pathways to CFP certification.

Property

Students must study four core and eight elective courses. The elective courses must include at least two 8000 courses.

Other Courses

Students wishing to complete a project as part of the program must first obtain permission from the Director of Postgraduate Studies before enrolling in BUS8101 Business Project A or BUS8102 Business Project B . Enrolment in the project courses is contingent upon the availability of a suitable supervisor.

Required time limits

Students have a maximum of 6 years to complete this program.

IT requirements

For information technology requirements please refer to the computer requirements section.

Other program requirements

Students must maintain good standing in this program. Please refer to Section 2 of theAcademic Standing, Progression and Exclusion Policy.

Articulation

It is possible for students who do not meet standard admission requirements to articulate into the Master of Business from the Postgraduate Certificate in Business. Upon completion and achievement of a minimum GPA of 4.0, they will be eligible to articulate into the Master of Business.

Students who wish to articulate to the higher award must lodge an application for entry to the relevant program.

Exit points

A student who chooses not to complete or who does not maintain good standing in this program will be permitted to exit with a lesser qualification as set out below, provided that they have met the requirements of that program.

• A student who successfully completes eight Master of Business units may, upon application, exit with a Postgraduate Diploma of Business. A student who has successfully completed all the requirements of at least one specialisation may have one specialisation shown on their testamur.

• A student who successfully completes all requirements for the Postgraduate Certificate in Business may, upon application, exit with that qualification. A student who has successfully completed all the requirements of a four unit specialisation may have that specialisation shown on their testamur.

Exemptions

Candidates for admission to the Master of Business may be eligible for a maximum of six units of exemptions. With the approval of the Director of Postgraduate Studies these exemptions may include up to four unspecified exemptions, to be granted on the basis of prior successful completion of relevant undergraduate study, where a student is studying a specialisation in the same or similar discipline as their undergraduate study.

Exemptions granted for equivalent postgraduate study from a recognised university or institution must meet the following specific requirements:

• the course passed was taken at least at Masters or equivalent level

• the course was passed within five years prior to the application (courses up to 10 years old may be considered if evidence is provided that the applicant has been employed in that field) and

• the course passed is equivalent in objectives, content and weightings to a course prescribed in the Master of Business course, or alternatively, the course is suitable as an elective.

Applicants for enrolment in the Master of Business (Property) who are graduates of the PCA Diploma in Property Development can gain an additional exemption if they have completed the relevant assessment requirements. Full details can be obtained from the Faculty of Business.

Claims for exemption should be submitted prior to or at the time of enrolment in a course. Each claim will be assessed on individual merit in line with the Faculty’s exemption policies. Exemptions approved in this program will not automatically apply to other programs offered by USQ. Please contact the Faculty of Business for further information.

Note: Where exemptions are granted, maximum and minimum duration will be adjusted in the same proportion as exemptions, for example, where six exemptions are granted, maximum time will be three years and minimum duration will be two terms.

In this section:

• Accounting and Sustainable Business recommended enrolment pattern
• Applied Finance recommended enrolment pattern
• Business Forensics recommended enrolment pattern
• Information Systems recommended enrolment pattern
• Personal Financial Planning recommended enrolment pattern
• Property recommended enrolment pattern - Toowoomba external
• Property recommended enrolment pattern - Springfield on-campus

Accounting and Sustainable Business recommended enrolment pattern

Students must study four foundation, four core and four elective courses. The elective courses must include at least two 8000 courses

Applied Finance recommended enrolment pattern

Students must study four foundation, four core and four elective courses. The elective courses must include at least two 8000 courses.

Business Forensics recommended enrolment pattern

Students must study four foundation, four core and four elective courses. The elective courses must include at least two 8000 courses.

Information Systems recommended enrolment pattern

Students must study four foundation, seven core and one elective course.

Personal Financial Planning recommended enrolment pattern

Students must study four foundation, six core and two elective courses.

Property recommended enrolment pattern - Toowoomba external

Students must study four core and eight elective courses. The elective courses must include at least two 8000 courses.

Property recommended enrolment pattern - Springfield on-campus

Students must study four core and eight elective courses. The elective courses must include at least two 8000 courses.