Higher Education

Master of Business Administration (Professional)
102783D (QLD), 102782E (NSW), 102781F (VIC)

Objectives of this Course

This course is designed for both aspiring managers and people currently employed in business or management.

The Holmes MBA (Professional) has the clear objective of providing business education and skills to students to enable them to manage and lead in organisations in the digital age. The Holmes MBA (Professional) will enable you to critically examine problems and opportunities through a range of analytical frameworks.

The Holmes Advantage

The Holmes MBA (Professional) will provide you with the understanding, knowledge and skills necessary to explain and discuss essential principles and practices of business through the study of the fundamental core subjects in business and management. The course enables you to build upon core business knowledge by undertaking a number of specialisations.

The ability to research business topics and analyse current business opportunities will quickly give a competitive edge in your work-place.

The Holmes MBA (Professional) will allow you to develop comprehensive understandings of your organisation's operating environment. From this knowledge you will be able to help your organisation move forward and become a more valuable asset in the organisation. The overall importance of leadership is an integral principle in the Holmes MBA (Professional). The degree will provide the knowledge and skills to lead an organisation using advanced technology, innovative practices and enterprise management systems which work.

Course Structure and Content

The Holmes MBA (Professional) comprises 16 units, taken over four study periods.
Students may elect to exit the MBA (Professional) after two study periods having qualified for the Graduate Diploma in Business award, which consists of 8 units or after three study periods completing 12 units, students can exit with a Master of Business Administration.
There are eight core units in the MBA (Professional). All students must complete these core units and then may choose to either complete their MBA (Professional) with general electives in Business and Management, or complete single or dual specialisations. The specialisations available in the Holmes MBA (Professional) are concentrated in the following fields:

  • Business Analytics
  • IS Project Management
  • Accounting
  • Entrepreneurship and Innovation

16 units = 8 core + 2 specialisations (8 units) or
16 units = 8 core + 1 specialisation (4 units) + 4 general electives (4 units)

 

MBA (Professional) Core Units
HI 5001Accounting for Business Decisions
HI 5002Finance for Business
HI 5003Economics for Business
HI 5004Marketing Management
HI 6005Management and Organisations in a Global Environment
HI 6006Competitive Strategy
HI 6007Statistics for Business Decision Making
HI 6008Business Research

 

Business Analytics Specialisation
HI 6037Business Analytics Fundamentals
HI 6038Data Visualisation
HI 6039Predictive Analytics
HI 6040Artificial Intelligence and Machine Learning

 

IS Project Management Specialisation
HI 5029IS Project Management
HI 6045Managing IS Project Risk
HI 6046Managing People and Resources on Projects
HI 6047IS Portfolio and Project Management

 

Accounting Specialisation
HI 5017Managerial Accounting
HI 5020Corporate Accounting
HI 6027Business and Corporate Law
HI 5019Strategic Information Systems for Business and Enterprise

 

Entrepreneurship and Innovation Specialisation
HI 6099Design Thinking For Business
HI 5010Innovation and Entrepreneurship
HI 6098Change Management and Development
HI 5013Managing Across Borders

 

Core Units

HI5001 Accounting for Business Decisions
Principles and practices of accounting as they relate to business decision making is the focus of this unit. The theory is applied to large organisations, both private and public, as well as to small and medium sized enterprises. The fundamentals of integrating accounting into the market valuation of business enterprises and the preparation and interpretation of the financial statements are canvassed. Relevant contemporary issues and challenges from the field are introduced.

HI5002 Finance for Business
From a foundation in business finance, this unit provides an understanding of the operations of the financial system and capital market institutions locally and internationally. Both the banking and non-banking sectors are examined. Topics covered include: equities, short- and long-term debt instruments, derivatives, interest rates determination, forecasting and international finance. The management of risk is an essential component of this unit.

HI5003 Economics for Business
Macro and microeconomic issues relevant to business are canvassed - the broad business and economic environment and range of settings in which managers work. The focus is on the development and use of economic principles and tools that equip business managers to operate in these settings. Questions addressed include: what makes firms competitive as well as what makes economies successful in a global environment. Policy issues addressed include: the issue of trade versus aid, imports and exports, investment and taxation policy.

HI5004 Marketing Management
Principles and practices of marketing management, both local and international, are addressed. The role of marketing in business as well as non-business settings is covered. Topics include the role of market research and metrics in the formulation of marketing strategy in response to specific market conditions. The tools of marketing such as positioning, segmentation, targeting, price, distribution and promotion are all elaborated.

HI6005 Management and Organisations in a Global Environment
Management, described by some as an art and by others as a science, has no precise formulation. Students of management are expected to develop and in-depth knowledge of management concepts but also a critical appreciation of the controversies that besiege them. As management plays out in a globalised business environment, the multi-faceted nature of the management challenge is even more demanding. The world is becoming a Global Village, managers (even those in small business) must increasingly look to the world for markets, competitive threats and opportunities. As such managers must increasingly be able to transcend the norms and biases of their own culture and comfort zones and be competent in communicating with managers and others from other cultures and norms.

HI6006 Competitive Strategy
The process of strategy formulation, applicable in a variety of organisational contexts, is introduced from the principles and practices in the field. Examples are chosen from large organisations in both the private and public sectors, as well as from small to medium enterprises. The basic knowledge about strategies that deliver competitive advantage is detailed. The drivers of strategy are explored in the context of a globally competitive business environment.

HI6007 Statistics for Business Decisions
This unit seeks to engage students in the exploration of statistical analysis applicable to a variety of business settings for the purpose of business decisions making. Emphasis will be placed on explaining and justifying the use of statistical analysis in the context of critical reasoning in business problem solving. In addition, appropriate research methodologies and techniques (qualitative and quantitative) are elaborated as the strategy for an approach to business problem-solving. Statistical packages such as Excel and SPSS are used. Different data presentation techniques are also discussed.

HI6008 Business Research
This unit seeks to engage students in the business research process: how to plan, organise and carry out a business research project. The business research process is investigated from the identification and definition of a suitable business research question, the conduct of a thorough literature review, the selection of an appropriate research methodology for data collection and analysis, and the writing of a research paper. The ethics of business research is also addressed.

Business Analytics Specialisation

HI6037 Fundamentals of Business Analytics
Provides the knowledge and skills to understand the organisational decision-making processes. This involves the understanding of business problems, the associated decisions, and the sources of data; and how this data will be extracted, transformed and analysed utilising a range of business analytical tools.

HI6038 Data Visualisation
Covers the design, development, and application of visualisation and interpretation of data and information. Students will gain an understanding of how data visualisations can facilitate advanced and easy interpretation of data and information across contexts.

HI6039 Predictive Analytics
Designed to inform and educate students about predictive analytics and data mining techniques through an understanding of the algorithms and statistical principles underlying these techniques.

HI6040 Artificial Intelligence and Machine Learning
Designed to inform and educate students about artificial intelligence and machine learning techniques and the underlying assumptions and limitations.

IS Project Management Specialisation

HI5029 IS Project Management
Focuses on a holistic approach to project management. Students will gain an understanding of the factors and processes required to successfully manage projects.

HI6045 Managing IS Project Risk
Focuses on the specialised management of risk in a project. Students will develop an understanding of the importance of managing risk from an organisational and situational perspective when implementing a project.

HI6046 Managing People and Resources on Projects
Enables students to gain the knowledge and skills to adequately plan and manage the human resources involved in a project. This includes an understanding of requisite roles, responsibilities, skills of project participants as well as the various stakeholders impacted by the project.

HI6047 IS Portfolio and Project Management
Aims to equip students with both theoretical and practical skills in the management of projects, project portfolios and large-scale programmes.

Accounting Specialisation

HI5017 Managerial Accounting
Processes relating to accounting information are studied: from generation to communication, interpretation, and ultimately usage in operational and strategic decision making. As the approach is case-oriented, there is strong emphasis on the ability to diagnose and evaluate a situation and identify underlying assumptions so as to make effective business decisions.

HI6027 Business Law and Corporate Law
The focus of this unit is to provide students with an understanding and awareness of the basic principles of Australian business law. It provides an introduction to the Australian legal system, the law of tort, contract law, consumer protection law, agency law, laws governing forms of business ownership, laws governing financial transactions, and employment law.

HI5019 Strategic Information Systems for Business and Enterprise
This unit examines accounting-based information systems and business processes. Concepts relating to the management and organisational use of computer-based information systems are explored, in particular, the design of accounting-based information systems able to provide support for business strategy formulation.

HI5020 Corporate Accounting
The theoretical framework and practical techniques of accounting for corporate groups forms the focus for this unit. Areas considered include company formation, profit distribution, capital reconstruction, liquidation and preparation of consolidated accounts for groups of entities required under Accounting Standards and Stock Exchange regulations.

Entrepreneurship and Innovation Specialisation

HI6099 Design Thinking for Business
This unit examines the role of design thinking in business and organizations. It seeks to impart design thinking skills so as to enable students to apply them to core business functions and to strategic projects, and innovative organizational change.

HI5010 Innovation and Entrepreneurship
The processes of purposeful innovation and entrepreneurial management are explored in a variety of contexts: in start-up ventures, in innovations of existing large businesses and in service institutions - even the public service. The role of innovation and entrepreneurship as crucial drivers of economic activity, albeit involving managed risk, is explored.

HI6098 Change Management and Development
This unit is concerned with organizational change and transformation, and focuses on the major challenges facing organizations in a rapidly changing, technologically challenging and increasingly complex and competitive global business environment.

HI5013 Managing Across Borders
The main issues in international management is a variety of social, political, economic, technological and cultural forces - are the focus of this subject. From the theoretical frameworks and other empirical work, the cross-cultural management of international enterprises is expounded.

 

Course Location
Melbourne
Sydney
Brisbane
Gold Coast