FREQUENTLY ASKED QUESTIONS

A Master of Business Administration is a postgraduate level qualification that provides students with knowledge in several key business areas including finance, operations, marketing, leadership and human resource management. For some, an MBA is a step towards executive careers, whereas others use an MBA as the foundation for starting a new business venture. Every student achieves something different from their MBA experience.

Our MBA is designed for busy working people. It is highly flexible and delivered fully online with interactive, bite-sized content and personalised student support. AIB’s learning approach provides practical knowledge and business skills that can be immediately applied in the workplace. The majority of our students are experienced working professionals and managers who fit study in around their work and life commitments.

The Fast-Track MBA is accredited by the Tertiary Education Quality and Standards Agency (TEQSA) within the Australian Qualifications Framework (AQF). It is an AQF level 9 qualification.

You can find more information on our MBA program page.

It’s so important to understand the ROI of any postgrad degree you’re considering. The average course payback time for the Fast-Track MBA graduates is 3 years after graduation, and the average annual income growth post-graduation is 11% pa. In terms of immediate results, 47.7% of our graduates received a raise during their studies or within 12 months of completing their MBA.

We also have an MBA ROI calculator you can test out: MBA Return on Investment calculator

You certainly can. Students have the option to specialize their MBA, should they wish to. The specializations offered include: Marketing Management, Human Resource Management, Logistics and Supply Chain Management, Finance and Entrepreneurial Management.

You can find more information on MBA specializations and course structure on our MBA program page.

Fee information can be found on our Fees and Financing page.

Textbooks or eTextbooks cost between $50-$200. We’ve negotiated a far less expensive rate for our students in Canada and books can be purchased from vitalsource.com

With AIB, students have the flexibility to study at the pace that suits them. Accelerating the degree, the MBA can be completed in 14 months.* Studying one course at a time, it will take 2 years. Our students can also space out their study and complete it over a longer period if they wish – the choice is theirs.

* concurrent study criteria must be met.

The Graduate Certificate in Management (GCM) is a postgraduate qualification we offer at AIB. It consists of 4 business subjects and can be completed in 8 months. It’s the first of three stages that make up our MBA program. The second stage is the Graduate Diploma in Management (GDM) and after the final stage, you’ve earnt the MBA.

The Graduate Certificate and the Graduate Diploma are located at Level 8 of the Australian Qualifications Framework (AQF).

The first 11 of 12 courses of the Fast-Track MBA consist of a mix of practical assessments, including assignments, reflective pieces, quizzes and evaluated forum participation. The assessment mix varies from course to course, but all are what we refer to as authentic assessment methods – they’re practical and reflect what’s happening in the workplace.

In the final unit, AIB students complete a work based project – a longer assignment which allows students to focus their research on a specific area of interest from their studies which is applicable to the workplace.

For more information on the MBA curriculum, please visit our MBA program page.

We recommend students invest about 20 hours per week in their MBA study. This differs from student to student depending on varying experience levels and academic backgrounds. Also, depending on the appropriateness of your workplace, some of the learning reflection and consolidation can be completed while you work, which reduces the after-hours study required. Because our MBA is delivered fully online, there are a lot of ways that learning can be integrated into your day to day schedule, such as listening to your textbook audio while you cook dinner or watching course topic videos on your commute.

We have created a study time calculator to help potential students plan when they would fit study in to their weekly schedules. Try it here: Study Time Calculator

Yes! AIB is accredited within an Australian regulatory framework and is recognized by various professional, academic and industry bodies around the world.

In addition, locally in Canada, our MBA is accredited by industry body the Canadian Institute of Management (CIM). This is an industry accreditation which endorses our MBA course content as relevant to Canadian managers and leaders.

Please visit our Accreditation, Designation and Memberships page for more details.

Our MBA is not accredited by AMBA or EQUIS. We are, however, members of AMBA’s Development Network.

The Australian Institute of Business, like many well-regarded institutions around the world, has chosen not to be accredited by these associations as it is optional. These associations only accredit around 2% of the world’s business schools, which have very specific criteria geared towards on-campus delivery. AIB is a distance learning provider, and like many well-regarded institutions around the world, we have chosen to not apply for the accreditation. To see the full list of our current memberships, please visit our Accreditation, Designation and Memberships page.

If you’ll need to prove equivalency by a local, trusted organization that the Fast-Track MBA is equivalent to a Canadian Masters, our students have shared they’ve done this through WES Canada and IQAS.

We recommend students invest about 20 hours per week in their MBA study. This differs from student to student depending on varying experience levels and academic backgrounds. Also, depending on the appropriateness of your workplace, some of the learning reflection and consolidation can be completed while you work, which reduces the after-hours study required. Because our MBA is delivered fully online, there are a lot of ways that learning can be integrated into your day to day schedule, such as listening to your textbook audio while you cook dinner or watching course topic videos on your commute.

We have created a study time calculator to help potential students plan when they would fit study in to their weekly schedules. Try it here: Study Time Calculator

Our online MBA is the most popular qualification we offer – and it’s the most studied online MBA in Australia. Students studying our MBA can choose to specialise the degree if they wish, with specialisations including Marketing Management, Human Resource Management, Logistics and Supply Chain Management, Finance and Entrepreneurial Management. You can find more information on our MBA.

The Graduate Certificate in Management (GCM) is a 4-subject postgraduate qualification which is the first stage of the MBA (there’s three stages of the MBA). After the completion of the GCM, students can decide whether they want to progress onto the MBA or not.

In addition to our MBA and GCM, we also offer the following research degrees and research pathway courses: Doctor of Business Administration (DBA), Doctor of Philosophy (PhD) are research degrees, and research pathway courses are: Master of Management (MMgt) and Graduate Certificate in Management (Research) (GCM Res).

We have a large student cohort in Canada – over 700 Canadians are currently studying online with AIB.

If you’ll need to prove equivalency by a local, trusted organization that the Fast-Track MBA is equivalent to a Canadian Masters, our students have shared they’ve done this through WES Canada and IQAS.

If you’re keen and ready to start the application process for the MBA, please visit our Application Process page.

A GMAT is just one of the ways new students can qualify to study our MBA (minimum score of 550 and at least three years relevant work experience) but a GMAT is not a requirement. We have a pathway for undergraduate degree holders, Advanced Diploma (for example the Ontario College Advanced Diploma) or Associate Degree (AQF Level 6) holders and one for highly experienced managers and business owners – all of which also require relevant work experience.

Technical experience refers to in-depth industry experience acquired by those who have trained, usually at high levels, in one specific skill or field. Think engineers, health care professionals, pilots, senior fire fighters, IT specialists and so on.

Our experience-based MBA pathway caters for specialist workers in these kind of professions, as well as experienced managers and business owners who don’t have prior degrees. For MBA entry, we’re looking for at least 5 years of full-time work experience, with at least 3 of those years in one of these capacities.

Unfortunately, AIB does not offer any fully funded scholarship programs. Our MBA program is however one of the most affordable MBAs in Canada.