Thrive in a leadership and management position, and further enhance your business career prospects, with a Master of Business Administration Course (MBA). Through the study of both general and specialised units, students of MBA Courses will gain a thorough knowledge of business administration practices, advanced problem-solving skills, trending leadership styles, and management of finances. Overall students of an MBA Course will come away with a deeper understanding of the day-to-day business functions, as well as the skills to implement a range of specialised business functions, systems and practices.
As Master of Business Administration course graduates work in a broad range of sectors, no two roles share the same responsibilities. However, you’ll likely work in a senior management role after graduating, such as working as a chief executive officer or executive director, and your responsibilities may include tasks like:
Graduates of Master of Business Administration courses usually pursue employment in leadership and management roles, which are available across a broad range of industries. You may choose to work as a:
You’ll thrive studying an MBA course if you:
A range of job opportunities exists for graduates of Master of Business Administration courses. According to the Australian Government’s Job Outlook, approximately 100,000 people are employed in Australia as either managers, managing directors or CEOs, and growth is expected in all management roles over the next five years.
Job Outlook reports that approximately 58,000 people are employed as CEOs in Australia, and projects that approximately 9,000 more will be hired by 2020. Similarly, Job Outlook reports that approximately 51,000 people are currently employed in other general management roles, and that this number will rise to 59,000 by 2020. It considers this growth to be extremely high in percentage terms for both roles.
According to PayScale, a CEO can expect to earn between $98,000 and $303,000 per year, with an average salary of approximately $182,000. PayScale notes this salary is highly dependent on experience, with CEOs with 20 years’ experience or more earning up to $75,000 more than CEOs with less than five years’ experience, and that CEOs often receive a proportion of their income through profit-sharing.
In other management roles, PayScale reports a general manager can expect to earn between $65,000 and $132,000 per year, and an operations manager can expect to earn between $65,000 and $103,000. Salaries for these roles are similarly dependent on experience.
Job Outlook notes that a very high proportion of managers are employed in full-time work – approximately 93 per cent of all general managers and 89 per cent of all CEOs are working full-time.