Obtaining an online degree in business management will give you a head start to run the business of your choice.
Business and management is a diverse area of study that focuses on activities associated with the day to day running of a company. These include important tasks like controlling costs, leading employees, monitoring production and planning for the future of the business. If you are excited at the prospect of being front and centre in a business environment, online courses in business and management can put you there.
Why should I study business and management?
Business and management course along with related topics – like accounting, finance and economics – are one of the most popular fields of study globally. With a worldwide need for individuals with specialised knowledge and understanding of the workings of a business, you could potentially find work close to work or on the other side of the globe. Careers that begin with a degree in business are diverse with a relatively high rate of pay, mostly due for the high demand for them.
It is generally understood that the term 'business and management degree' is going to encompass a broad range of courses, some of which provide you with basic knowledge while others are highly specialised. There are also courses that are very academic in nature while others base their curriculum on developing business majors to be professionals. With such a range of options in various aspects of business and management study, you could almost guaranteed to find a successful position to fit into.
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What courses are available for business and management?
A career in business and management starts with choosing a program that you are excited about. There are many areas of business to choose from, all of which will provide you with a degree that makes you a viable job candidate across many industries:
- Business and Commerce
- Business Administration (MBAs)
- International Business
- Project Management
Of those, business administration is the most comprehensive, looking at the entire running of businesses in any industry and training you in how you can take charge of them.
- Certificate III in Business Administration (Medical)
- Certificate IV in Frontline Management
- Certificate IV in Project Management Practice
- Diploma of Logistics
- Diploma of Management (Specialising in Risk Management)
- Diploma of Management
- Diploma of Project Management
- Diploma of Business Administration
- Bachelor of Business (Business Administration)
- Bachelor of Business (Logistics Supply Chain Management)
- Bachelor of Business (Accounting)
- Bachelor of Business (Marketing)
- Bachelor of Business (Management)
A Master’s in Business Administration (MBA) can also be earned online in Australia. These programs are an all-inclusive study of business management, and the certification that many companies and corporations will look for when screening job applicants. An MBA course prepares you for a leadership role in a business environment, as well as business development, strategy and management.Back to top
What are the tuition fees and other expenses to study business and management?
When calculating the tuition fees for your online course in business and management, you will first be asked for your residency status. International students are typically charged more when studying at an Australian school, even those online. You will then choose the course you wish to take, and if applicable pick the individual units you want to study along with any electives. The number and type of units offered vary by cost, making what you choose relevant to the overall cost of studying business and management online.
The cost of obtaining an MBA in Australia varies greatly between institutions, starting as low as $22,000 AUD at the Australian Catholic University and going as high as $95,000 AUD at the University of Melbourne. For schools that offer the MBA program online, the cost will fall roughly around $25,000 AUD.Back to top
What are the best institutions in Australia to study business and management?
Southern Cross University Online has an MBA program that is completely flexible to meet your needs. In addition, they allow you to choose a specific major such as Accounting, Asian Pacific Business, Financial Management, Entrepreneurship, Leadership, Health Services Management, or Financial Management. These all help in honing your studies towards one particular field of interest.
The online MBA program from the University of Canberra has a partnership with the Ducere Foundation that allows their students to learn from and work with industry leaders. Real projects are completed through the online course, giving students an understanding of the complexities involved in running a large business.
Also offering distinct areas of specialising an MBA is the University of Southern Queensland (USQ). Their three semester course given online allows you to add studies in Finance, Global Business Management, Digital Transformation, Strategic Human Resource Management, Project Management, Strategic Marketing and Sustainable Business.Back to top
What are the career opportunities for business and management?
The study of business and management can lead to an endless number of careers in any type of industry. You could work towards becoming a team leader in the business world, executive assistant, business development manager or legal secretary. You can work in a small business environment, a large corporation, or use your knowledge and skills in business management to start one of your own.
The average pay for a business manager is $79,671 per annum.
A 2014 report indicates that Australians holding an MBA are paid higher in the workforce than those in other nations around the world, including the United States. Additionally, while other regions failed to see growth in the field, the hiring of individuals with an MBA rose 20% in the Asia-Pacific region. As this trend continues, you are going to find more job opportunities available for business and management positions.
With a notable rate of growth of business in Australia and the surrounding region, a degree in business and management could be an invaluable resource towards the pursuit of a job. With online courses that provide the same credential and qualifications, it has never been easier to obtain your business degree in Australia and begin an exciting new career.Back to top