Deakin University Online MBA Program Review
Table of Contents
- Introduction
- Program Overview
- Curriculum Structure
- Entry Requirements
- Duration and Flexibility
- Fees and Financial Aid
- Reputation and Rankings
- Pros and Cons
- Student Experiences
- Conclusion
Introduction
Deakin University’s Online Master of Business Administration (MBA) is a globally recognized program designed for professionals seeking to enhance their leadership skills and advance their careers. Offered by Deakin Business School, the program combines academic rigor with practical industry insights, providing a comprehensive business education accessible to students worldwide.
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- Institution: Deakin University, Australia
- Program: Master of Business Administration (MBA)
- Mode of Delivery: Online
- Accreditation: AACSB and EQUIS accredited
- Specializations: Available in various areas such as International Business, Digital Transformation, and Leadership
Curriculum Structure
The Deakin Online MBA is structured to provide a balanced mix of core business disciplines and specialized knowledge. The curriculum includes:
- Core Units: Covering essential topics like strategic management, marketing, finance, and organizational behavior.
- Elective Units: Allowing students to specialize in areas aligned with their career goals.
- Capstone Project: Enabling students to apply theoretical knowledge to real-world business challenges.
Entry Requirements
To be eligible for the Deakin Online MBA, applicants must meet the following criteria:
- Educational Background: Completion of a bachelor’s degree or higher in any discipline.
- Work Experience: At least three years of relevant work experience, with a minimum of two years in a managerial or professional role involving decision-making responsibilities.
- English Proficiency: Demonstrated proficiency in English through standardized tests such as IELTS or TOEFL.
Note: Applicants with a graduate certificate or diploma in a related discipline may be eligible for Recognition of Prior Learning (RPL), potentially reducing the duration and cost of the program.
Duration and Flexibility
- Standard Duration: 1.5 years full-time or part-time equivalent.
- Flexible Learning: The online delivery mode allows students to balance their studies with professional and personal commitments.
- Fast-Track Option: Students with relevant prior qualifications or work experience may be eligible to complete the program in a shorter timeframe.
Fees and Financial Aid
- International Students: Approximately AUD $60,600 for the entire program.
- Domestic Students: Approximately AUD $50,700.
- Financial Aid: Deakin University offers various scholarships and financial aid options to eligible students. Additionally, students may explore external funding sources and loan options.
Reputation and Rankings
- QS World University Rankings 2025: Deakin University is ranked #207 globally.
- CEO Magazine Global Online MBA Rankings 2025: Deakin Business School is ranked #18 globally.
- TopMBA Full-Time MBA Rankings 2025: Deakin Business School is ranked #201-250 globally.
Note: Rankings may vary annually; prospective students should consult the latest rankings for the most current information.
Pros and Cons
Pros:
- Global Recognition: Accredited by AACSB and EQUIS, ensuring a high-quality education.
- Flexible Learning: Online delivery mode accommodates students’ schedules.
- Diverse Specializations: Wide range of electives to tailor the MBA to individual career goals.
- Industry Connections: Strong links with industry partners provide practical insights and networking opportunities.
Cons:
- Cost: The program may be expensive for some students, especially international applicants.
- Time Commitment: Balancing work, study, and personal life can be challenging.
- Limited Campus Experience: Online students may miss out on in-person networking and campus facilities.
Student Experiences
Students have reported a rigorous academic environment in the Deakin Online MBA program. One student mentioned that the program was more challenging compared to other MBA programs, with in-depth lessons and a demanding exam format. Balancing work, family, and academics required significant time commitment, with up to 15 hours per week expected. Some students even applied for leave to complete assignments before due dates. (Program Strategy HQ)
Conclusion
The Deakin University Online MBA offers a comprehensive and flexible business education, making it a strong choice for professionals seeking to advance their careers. With its global recognition, diverse specializations, and rigorous curriculum, the program equips students with the skills and knowledge necessary for leadership roles in the business world. However, prospective students should consider the program’s cost and time commitment to ensure it aligns with their personal and professional goals.
Frequently Asked Questions (FAQ) – Deakin University Online MBA
Q1: Is the Deakin Online MBA recognized internationally?
- Yes. The program is AACSB and EQUIS accredited, which ensures global recognition and high standards of quality for employers and universities worldwide.
Q2: Can I study the Deakin MBA while working full-time?
- Absolutely. The program is fully online and flexible, allowing professionals to balance work, study, and personal commitments. Students typically spend 10–15 hours per week on coursework.
Q3: What is the duration of the Deakin Online MBA?
- Standard duration is 1.5 years for full-time students. Part-time or flexible study options are available, extending the program up to 3 years depending on pace.
Q4: Are there any specializations available?
- Yes. Students can choose from a range of electives and specializations, including International Business, Digital Transformation, Leadership, and more, tailoring the MBA to their career goals.
Q5: What are the entry requirements?
- A recognized bachelor’s degree in any discipline.
- Minimum 3 years of relevant work experience, with at least 2 years in managerial/professional roles.
- Proof of English proficiency (IELTS, TOEFL, or equivalent) for international students.
Q6: How much does the Deakin Online MBA cost?
- Domestic students: Approximately AUD $50,700.
- International students: Approximately AUD $60,600.
- Scholarships and financial aid options are available for eligible applicants.
Q7: Does the program include a capstone project?
- Yes. The MBA concludes with a capstone project where students apply theoretical knowledge to solve real-world business challenges.
Q8: Is prior business experience necessary?
- While not strictly required, having managerial or professional experience is recommended, as the curriculum is designed for mid-career professionals.
Q9: Can international students enroll in the online program?
- Yes. The program is fully online, so international students can study from anywhere in the world without relocating.
Q10: What career opportunities are available after completing the Deakin Online MBA?
- Graduates typically pursue senior roles in:
- Strategic Management
- Finance and Banking
- Marketing and Brand Management
- Operations and Supply Chain
- Entrepreneurship
- Leadership and Consultancy