Is a Master of Management worth it? Here’s everything you need to know

Are you looking for a way to get ahead and achieve your career goals? If you’re considering pursuing a master’s degree, how do you know which one is right for you?

One option that’s growing in popularity is the Master of Management. It’s a lofty goal but one that’s attainable with the right tools and support under your belt. So, is it worth it?

Let’s look at what the online Master of Management at UNSW offers, why you should study it and if the program would be worth it for you.

What is a Master of Management?

The Master of Management is a graduate-level program that provides students with the skills and knowledge necessary to succeed in the business world.

The program is designed to give students a strong foundation in business and teach them about the latest trends and developments in the business world. It teaches students the fundamentals of business, as well as contemporary subjects, including Strategies for Disruption, Managing with Digital Technology and Business Analytics. Theory is blended with practical application through highly experiential teaching, business projects and entrepreneurial practices to ensure you graduate with confidence.

The online Master of Management at UNSW has been designed with the working professional in mind and offers you a learning environment where you can study each course in eight-week blocks. This means you can graduate in as little as two years so you can leverage employer demand sooner.

Is the online Master of Management at UNSW the right program for me?

The Master of Management is perfect for professionals seeking to develop their business skills and knowledge to become a contemporary leader.

“About 50 per cent of our students are recent graduates,” says Professor Nick Wailes, Director, AGSM and Deputy Dean, UNSW Business School. “And the remaining 50 per cent are people with quite a lot of experience transitioning into managerial roles.”

Whether you’re looking to move into a management role or want to gain a deeper understanding of business principles, the online Master of Management will give you the skills and confidence you need to lead for success.

If you see yourself in one of the below categories, a Master of Management program might just be for you:

  • You’re a career changer who wants to make a successful transition into management. The program delivers the necessary skills and knowledge to succeed in a management role. You’ll master the essentials of modern business principles and learn how to apply them in a real-world setting.
  • You’re a professional who wants to develop managerial skills and knowledge. Whatever your industry, if you want to lead real world success, you need real world experience. With the online Master of Management at UNSW, you’ll consult with leading organisations, join professional placements, collaborate with teams, and experience the essential hands-on industry training required to build and navigate your future career. This is where you turn theory into practice, learning into leadership, and transition from a good manager to a great manager.
  • You’re someone who wants to study contemporary management in a flexible and convenient online format. Studying online with UNSW means you’ll have an optimum experience with the flexibility to study when it best suits you, while still learning at the same high standard of teaching quality as those studying on-campus. The online learning platform has been designed with you – the busy professional – in mind, creating a unique environment where you can develop highly skilled knowledge efficiently in eight-week blocks.
  • You’re a business owner who wants to take your business to the next level. Get future-focussed to lead for success with the 100% online Master of Management at UNSW. Build confidence, enhance credibility and unlock your potential in a new generation of contemporary management. Navigate emerging technologies, data analytics, digital disruption, and transformation – they’re not just technical skills anymore, they’re the core competencies of modern management. Be prepared for a data-driven world, where analytics power decision making, and disruption never sleeps.

The online Master of Management at UNSW is an excellent choice for anyone who wants to positively impact their career and build a solid foundation for future success.

Entry requirements for the online Master of Management at UNSW

The online Master of Management at UNSW is designed for students with a recognised bachelor’s degree in any discipline or specialisation.

Alternatively for those who do not qualify for direct entry into the master’s program, you may be eligible for entry into the Graduate Certificate in Business.

If you have completed similar courses in postgraduate business studies or an undergraduate degree in a business related area, Master of Management students can claim up to 4 courses (24 units of credit) of RPL advanced standing for the four courses outlined below, meaning you can acquire a master’s degree by studying only a further eight courses.

  • ZZBU6002 Financial Management

  • ZZBU6003 Business Economics

  • ZZBU6004 Foundations of Marketing

  • ZZBU6005 Law Regulation and Ethics

Use the Graduate Certificate in Business as a pathway into the Master of Management

Don’t have a bachelor's degree? The Graduate Certificate in Business is ideal for students who need an alternate pathway to meet the online Master of Management’s entry requirements. Upon successful completion of the Graduate Certificate, you may be eligible to articulate into the Master of Management.

To be eligible for the Graduate Certificate in Business you can have:

  1. A recognised bachelor’s degree or equivalent in any discipline or specialisation
  2. OR a  minimum of three years’ relevant work experience. Relevant work experience includes clerical or administrative work in a commercial or public service organisation, supervisory or management, banking, finance or marketing experience or other business-related positions.

Why should you study for a Master of Management?

A Master of Management program is a versatile program you can use across many industries.

The program’s online delivery is also convenient for busy professionals.

What are the benefits of pursuing a Master of Management?

“Programs like the Master of Management are about giving you the technical skills and understanding you need,” says Professor Nick Wailes. “It also helps you gain the knowledge and confidence within yourself to allow you to take that step. It allows you to go from being a technical expert to the person who’s got a broader role with more responsibility.”

In addition to learning vital managerial skills, you’ll participate in real-world team or individual projects for valuable hands-on experience.

Finally, you’ll have the satisfaction of knowing you’ve completed a challenging and rewarding postgraduate program delivered through the Australian Graduate School of Management (AGSM) at UNSW’s Business School.

What will you study during UNSW Online’s Master of Management?

UNSW Online’s Master of Management is an interdisciplinary program that covers finance, marketing, analytics, legislation, people management and business strategy.

The 8 core courses all online Master of Management students undertake at UNSW are:

  • Managing yourself and others
  • Financial Management
  • Business Economics
  • Foundations of Marketing
  • Law, Regulations and Ethics
  • Strategies for Disruption
  • Career Navigator^
  • Industry Experience*

You will also have the opportunity to choose four elective courses# that are relevant to your interests or career goals:

  • Managing with Digital Technology
  • Entrepreneurship and Innovation
  • Managing People, Analytics and Change
  • Corporate Finance
  • Investments
  • International Finance
  • FinTech Ecosystems and Industry Insights
  • Analytics and Business

^Prerequisite: Completion of 36 units of credit (UOC), which is the equivalent of 6 courses. *Prerequisite: Career Navigator. #Elective course availability is dependent on initial intake timing and following student participation in study periods. For more information, speak with a Student Advisor.

Is a Master of Management actually worth it?

The short answer is yes.

The Master of Management is a versatile and relevant program that will give you what you need to become a contemporary leader in modern management. It will provide you with the knowledge critical to unlocking your potential and gaining a competitive edge in employment across a myriad of disciplines.

Are you looking for a challenging and rewarding postgraduate program that will allow you to advance your career or lead a team to success? If you are, the online Master of Management at UNSW is definitely worth your time.

What you should consider before enrolling

According to Professor Nick Wailes, blocking out study periods is one of the key ways to succeed in the program.

“We say to people that if you want to do really well, you should be looking at 15-20 hours of study each week,” he recommends. “It’s a full university course, but it’s brought into an eight-week structure. That means you have to think about how you identify and spend time throughout your week.”

Overall, the online Master of Management at UNSW is an excellent choice for those interested in pursuing a career in modern business leadership.

The bottom line on the Master of Management

So, is a Master of Management worth it? To put it another way, if you were an employer looking at hundreds of applicants, would you be more inclined to hire a candidate with an advanced degree?

If you’re looking to start your own business, would you feel more confident with a solid foundation in business management?

And if you’re simply looking to improve your career prospects, what better way to do it than acquire new skills and knowledge?

Start your Master of Management journey with UNSW Online

Lead for success with the 100% online Master of Management at UNSW.

Build confidence, enhance credibility and unlock your potential in a new generation of contemporary management.

Globally recognised. Designed for online. Built for the future

If you’re looking for a program to help launch your leadership business career, speak with one of our Enrolment Advisors to learn more.