Master of Business (MBus)

Regulations for the Degree of Master of Business (MBus)

1. Admission to the Programme

   1. Every applicant must have been awarded a bachelor's degree with an average grade of at least B, have obtained a Postgraduate Certificate or Diploma in Business with an average grade of at least B, or have alternative qualifications or experience acceptable to the Pro-Vice-Chancellor (Commerce).
   2. In addition to clause 1(a) applicants seeking admission to the subject of:
      1. Accounting and Finance must hold a bachelor's degree with a sciences or quantitative focus
      2. Economics must hold a bachelor's degree including at least one paper in intermediate microeconomics*
      3. Economics and Econometrics must hold a bachelor’s degree including both econometrics and mathematical economics
      4. Finance must hold a bachelor’s degree with a sciences or quantitative focus
      5. Philosophy, Politics and Economics must hold either a bachelor’s degree with a major in the interdisciplinary subject of Philosophy, Politics and Economics (PPE); or, alternatively, a bachelor’s degree in any subject and have completed the equivalent of 200-level study (at least one paper) in each of three fields: Philosophy, Politics and Economics.
   3. Admission to the programme shall be subject to the approval of the Pro-Vice-Chancellor (Commerce).
      
      * Intermediate microeconomics is a second-year undergraduate microeconomics course, which uses economic models to explain how consumers and businesses make choices, how markets work and how prices are determined when resources are scarce.

2. Subjects of Study

   The degree may be awarded in any of the subjects for the degree of Master of Business listed in the MBus Schedule. With the approval of the Pro-Vice-Chancellor (Commerce), the degree may be awarded without a named subject.

3. Structure of the Programme

   1. The programme of study shall consist of one of the following options:
      1. Coursework Option: approved papers at 400-level or higher worth at least 180 points, selected from the papers specified in the Master of Business schedule for the subject concerned; or
      2. Project Option: approved papers at 400-level or higher worth at least 180 points, selected from the papers specified in the Master of Business schedule for the subject concerned, including a project to the value of 40 points; or
      3. Dissertation Option: approved papers at 400-level or higher worth at least 180 points, selected from the papers specified in the Master of Business schedule for the subject concerned, including a dissertation to the value of 60 points.
      4. may, with the approval of the Head of Department or Programme Coordinator concerned, include papers worth up to 40 points from 400- and 500-level papers other than those specified in the Master of Business schedule for the subject concerned.
   2. A candidate who has completed the requirements for the Postgraduate Certificate or the Postgraduate Diploma in Business shall be credited with those papers in the programme for the degree which have previously been passed for the certificate or diploma.
   3. With prior approval from the Pro-Vice-Chancellor (Commerce), papers worth up to a maximum of 60 points in a relevant subject offered by another tertiary institution may be granted transfer credit for equivalent paper(s) within the programme. Such credits will be considered on a case-by-case basis.
   4. Students completing the Business Analytics subject who have not completed an undergraduate degree in computing must take the papers AIML 401, AIML 402 and INFO 420 as part of their programme.

4. Prerequisites, Corequisites and Restrictions

   Every programme of study shall satisfy the requirements for prerequisites, corequisites, and restrictions set out on the Prescriptions (published in the Guide to Enrolment).

5. Duration of the Programme

   1. A candidate for the degree shall normally follow a programme of study for not less than one year (12 months) of full-time study or the equivalent in part-time study.
   2. The distance programme for the subject of Human Resource Management shall normally be completed on a part-time basis, requiring a minimum of 24 months.

6. Examination of the Project

   1. The applied project shall normally be assessed by the supervisor and one other internal examiner, to be determined by the Programme Co-ordinator.
   2. Each examiner shall supply a written report and recommend a mark and grade on the basis of the final manuscript report as submitted.
   3. Where there is a disagreement over a final result, an independent moderator determined by the Programme Co-ordinator shall arrive at a decision.

7. Examination of the Dissertation

   1. The dissertation shall normally be assessed by the supervisor and one other internal examiner, to be determined by the Programme Co-ordinator.
   2. Each examiner shall supply a written report and recommend a mark and grade on the basis of the final dissertation as submitted.
   3. Where there is a disagreement over a final result, an independent moderator determined by the Programme Co-ordinator shall arrive at a decision.

8. Level of Award of the Degree

   The degree may be awarded with distinction or with credit.

9. Variations

   The Pro-Vice-Chancellor (Commerce) may in exceptional circumstances approve a course of study which does not comply with these regulations.