Master of Business

CRICOS Course Code: 105839B

Course Overview

The Master of Business is a three-semester course focused on providing a solid set of advanced business and management skills combined with specialist skills and knowledge in either accounting or project management. With a practical, contemporary focus, students will develop a critical eye, persuasive communication, leadership and management skills, and skills in evaluating strategic choices and decisions in organisations. Graduates will be equipped in business skills and knowledge, and advanced, expert knowledge of accounting, project management biotechnology management or aged care and disability services management, ready to take on careers and roles in a range of settings both locally and globally.


On successful completion of all three semesters, students are awarded the Master of Business. The course meets the Australian Qualifications Framework for a Level 9 masters degree.

Advanced Standing

Students may be able to shorten the length of this course through qualifications obtained from other formal studies. AQF qualifications and Statements of Attainment may be recognised by CIC Higher Education. Students who wish to apply for Advanced Standing should contact the College for information on eligibility.

Professional & Community Engagement

Students will have regular contact with industry representatives throughout the course. Guest speakers are a feature of many units, and many assessments and learning activities will mirror real-world challenges.

Industry relevant material

The applied components of the course incorporate material that is specifically relevant for the business management industry. In the computer laboratories, students gain experience with business planning, analysis and statistical packages; they also gain experience with other computer programs such as MS Excel.

The course will emphasise a creative and innovative approach to Business education as the key to competitiveness in a dynamic and global economy. It is intended that the course would consist of a combination of both domestic and international students. Students should gain benefits from a broad range of cultural diversity and life experiences of their fellow students.

Lifelong learning

Students gain an advanced and integrated body of knowledge as well as the skills to analyse, interpret and apply concepts and ideas in business administration. They also gain key skills in researching information, using both online and library materials. All of these factors will help graduates to be lifelong learners.

Mode of Delivery

The course is offered on a full-time basis. Delivery of the course is on-campus and face-to-face. Units are delivered in a range of classroom settings, including lectures, workshops, tutorials, immersive simulations, lectorials and seminars.

Course Structure

The Master of Business consists of a six core units, two core-choice units and four specialisation units spread across three semesters. Successful completion of all 12 units merits students with a Master of Business.

The specialisations in Accounting, Project Management, Biotechnology Management and Aged Care and Disability Services Management are available to Master of Business and MBA students. Students taking these courses can also opt to follow a general path by choosing a combination of units from either specialisation.


  • Semester 1
    • Accounting for Management Decisions
    • Practical Management Principles
    • Global Managerial Economics
    • And choose one of the following core choice units:
      • Financial Decision Making; or
      • Marketing Management; or
      • Engaging With Communities
  • Semester 2
    • Interpersonal & Business Negotiation
    • Data Analysis and Databases
    • Corporation and Commercial Law
    • And choose one of the following core choice units:
      • Leadership for the 21st Century; or
      • Financial Accounting and Reporting; or
      • Bio-Interactions
  • Semester 3
    • Accounting Specialisation
      • Taxation
      • Management Accounting
      • Advanced Financial Accounting
      • Auditing and Ethics
    • Project Management Specialisation
      • Fundamentals of Project Management
      • Project Leadership
      • Stakeholder Management
      • Strategic Management
    • Biotechnology Management Specialisation
      • Regulatory Biosciences
      • Bio-Business Management
      • Bioinformatics in Management
      • Science Communication
    • Aged Care and Disability Services Management Specialisation
      • The Aged Care Regulatory Environment
      • Aged Care Overview
      • Disability Sector Overview
      • The Disability Sector Regulatory Environment
    • Healthcare Informatics Specialisation
      • Data Visualisation and Data Modelling
      • Database Management Systems and Design
      • Data Science for Healthcare Informatics
      • Artificial Intelligence and Machine Learning


The types of assessment permitted at CIC may include the following:

  • Exams or tests, either open or closed-book
  • Oral presentations, including presentations in hypothetical corporate environments, debates and product pitches
  • Written essays and case studies based on real-world current scenarios
  • Authentic written assignments including business plans, proposals and strategic reports
  • Reflective journals.

Other types of assessment may be allowed at CIC following approval by the Dean.

Please refer to our Assessment Policy for further information.

Career Opportunities

Employment benefits of the Master of Business course include:

  • Skills and knowledge for a range of middle and senior management role in multiple sectors including, but not limited to:
  • Finance (Financial manager, business performance coordinator, heads of divisions, account managers, payroll manager, bank manager)
  • IT (IT director, principle consultant, IT service manager)
  • Global Management (Global business manager, operations manager, strategy manager, management consultant, service industry manager)
  • HealthCare (hospital administration, medical and health services manager)
  • Human Resources (benefits manager, training and development manager, human resources manager, recruitment coordinator)
  • Marketing (Marketing manager, service industry manager, public relations manager, sales manager, regional sales director, advertising/promotions manager, applications sales representative, customer experience specialist)
  • Manufacturing (Project Manager, product manager, general manager).

Core Learning Outcomes

  • Apply an advanced and integrated knowledge of business theories and skills in a specialised area to solving complex real-world business problems
  • Critically examine and analyse complex data and information to recommend solutions to complex problems to support expert judgement
  • Interpret and persuasively communicate complex business and management concepts to a range of audiences and stakeholders
  • Apply principles of ethical and strategic leadership and management in local and global contexts
  • Evaluate strategic choices and decisions in organisations by researching and reflecting critically on specialised theories and concepts.

Course Fees

Please refer to Fees, charges and refunds


Key Facts


Master of Business



CRICOS Course Duration

78 weeks

Entry Requirements

Click here for Admission Requirements

Academic – Completion of an Australian bachelor’s degree

English – IELTS (Academic) 6.0 or equivalent

Course Admission Information Set

2024 Orientation Dates

12th March

15th July

11th November

2024 Term/Class Start Dates

18th March

22nd July

18th November

Course Delivery Weeks

3 x 12 teaching weeks


Please refer to Fees, Charges and Refunds

Accreditation Status

This course is accredited with the Tertiary Education Quality and Standards Agency (TEQSA) and is recorded on the TEQSA National Register.


Melbourne campus

Find out more

1300 242 433

Related Courses

Graduate Certificate of Business

Graduate Diploma of Business

Master of Business Administration