Master of Management

at University of Wollongong - Southern Sydney Campus Australia

The business sector is one of the world's largest employers offering varying roles and careers. Business plays an important role in assisting the evolution of a complex global economy by providing solutions to problems in a sustainable and ethical way.

This degree
The Bachelor of Business Administration is a flexible degree offering a broad education across all key aspects of the business environment. In addition to studying the essential core disciplines of accounting, economics, finance, management and marketing, you can tailor your studies according to your interests or career aspirations by choosing electives from particular Business disciplines, or you can combine Business electives with subjects from other disciplines.
You will also undertake a final-year capstone subject that lets you apply everything you have learned in collaboration with students from other disciplines. Plus, you have the option of applying for an internship to gain valuable experience whilst receiving credit towards your degree.

What you will study
The Bachelor of Business Administration is a flexible degree offering a broad education across all key aspects of the business environment. In addition to studying the essential core disciplines of accounting, economics, finance, management and marketing, you can tailor your studies according to your interests by choosing electives from a particular Business discipline, or you can combine Business electives with subjects from other disciplines.

The Master of Management provides an opportunity for you to enhance your career opportunities by further developing theoretical and practical skills and knowledge in key management areas.

Graduates of the Master of Management will have examined organisational structures, led and implemented organisational change, managed projects and leveraged organisational competitive advantages in the changing global marketplace.

The Master of Supply Chain Management gives professionals working in logistics, supply chain management, and operations management the skills to manage the flow of materials and information within and between organizations and other relevant stakeholders.

You will learn how to diagnose existing processes and supply chains and how to implement a supply chain strategy within an organization. Skills and capabilities are developed on topics such as forecasting, sales, and operational planning and procurement to name a few.

Accountancy is about providing reliable, timely and accurate information for decision makers, especially for economic decisions. Whether working for a multinational company, a government agency or in public practice, accountants play a pivotal role in advising senior management on the financial performance and direction of the organisation.

This degree
You will undertake a foundation year that covers all core disciplines of business, giving you a solid understanding of issues facing organisations today. From your second year, you will study advanced accountancy topics. The Bachelor of Business majoring in Accountancy provides you with the knowledge and experience to move into many types of business careers such as an accountant, auditor, business analyst, treasurer, corporate accountant, financial controller and advisor. You will also undertake a final-year capstone subject that lets you apply everything you have learned in collaboration with students from other disciplines. Plus, you have the option of applying for an internship to gain valuable experience whilst receiving credit towards your degree.

What you will study
Topics of study include financial reporting, auditing, management accounting, and information systems in accounting. You will learn about financial accounting in its organisational, social and political contexts as well as study relevant law subjects (including taxation law and law of business organisations) to be eligible for associate membership of professional accounting bodies.

The Master of Applied Finance (Financial Services) is for students interested in acquiring an advanced understanding of financial institutions, bank management, and lending. If you are currently working in the Finance industry or a recent graduate, you will benefit from the specialized knowledge learned in this course.

You will study the theory and practice of financial management and gain an understanding of the global financial system. Additionally, competing approaches to corporate governance and business ethics will be developed, and you will learn how to provide protection against portfolio, financial and corporate risks.

You will examine the legal framework establishing, controlling and regulating financial institutions and examine bank management theory, a bank's lending process and the securities associated with it.

The Master of Professional Accounting (MPA) Advanced is a two-year course designed for non-accounting graduates who want a career in the accounting profession and want to enhance their learning experience by including another discipline specialisation within their course. The learning experience and knowledge areas in the MPA Advanced are focused on the practice of accounting.

Within the MPA Advanced, you can choose to complete one of three possible specialisations, depending on your career aspirations. The Financial Management specialisation enables you to focus on areas of financial management such as banking and securities. The International Business specialisation allows you to broaden your knowledge of intercultural aspects of the business environment. The Business Analytics specialisation equips you with the skills to utilise and interpret data to inform business strategies and add value to businesses.

The Master of Business allows you to be the Master of your degree, choosing the subjects that are of most interest to you and of most relevance to your career. You will be equipped with fundamental business knowledge and skills through a set of core subjects, as well as a research capstone.

Graduates of the Master of Business will have knowledge across a broad range of business areas that will allow you to move into a variety of business careers.

The Master of Business Administration (MBA) is designed for experienced professionals with ambition and drive who wish to develop their responsible and sustainable leadership skills. You will gain a holistic strategic business point-of-view required to operate effectively in an increasingly competitive and changing global business world.

The course has been designed to cover three stages:

• Diagnostics, where you learn to diagnose issues in real organisations with a focus on marketing, employee engagement, talent management and accounting.
• Exploration, where you explore the latest thinking and practices in organisations and research worldwide, while developing skills in innovation and business transformation.
• Integration and Application, where you develop your strategic decision-making skills, undertake a real-world business project and hone your personal effectiveness as a responsible leader.

The Master of Innovation and Entrepreneurship will provide you with the knowledge and skills necessary to develop ideas into sustainable business opportunities and to foster innovation in your workplace. You will learn how to cultivate an entrepreneurial mindset, experiment with design thinking, and learn to use tools and techniques to convert your ideas into reality.

Throughout your degree, our academics will equip you with knowledge in innovative leadership, financial skills for entrepreneurs, how to navigate the complexities of innovation and entrepreneurship, business innovation planning, and creating and marketing new products. You will understand how to raise capital and gain detailed knowledge of the complexities of initiating, developing, managing and exploiting innovation.

The Master of Innovation and Entrepreneurship will allow you to explore the potential exploitation of your own business idea. You will learn to evaluate opportunities from a range of perspectives, including financial, technical and legal, as well as gain a thorough understanding of the processes associated with the development and marketing of a new product in today’s complex environment.

You will then complete your degree with an industry-based research project that will enable you to apply the skills developed into a practical project.

The Master of Applied Finance (Investing) is for students interested in acquiring an advanced understanding of investment and portfolio management.

You will study the theory and practice of financial management and gain an understanding of the global financial system. Additionally, competing approaches to corporate governance and business ethics will be developed, and you will learn how to provide protection against portfolio, financial and corporate risks.

Students are provided with realistic stock market simulations and are introduced to modern portfolio theory and practice with a focus on optimal investment decision-making. You will experience the pressure of live markets and learn how to manage portfolios through a portfolio simulation that allows you to trade shares, options, bonds, managed funds, international stocks with realistic stock market simulations.