Online MBA Career Paths
The MBA career path is one of positive growth
As an MBA graduate, you can expect to earn over $100,000 per year1 and step into expanding career opportunities. The Australian government predicts that through November 2026, 28,000 new jobs will become available for managers with advanced degrees.2
Our MBA will open the door to some of the fastest-growing management careers, which are projected to be in2:
- Human resources: 16.3%
- Management and organisation analysis: 32.2%
- Advertising, public relations and sales: 4.4%
- Construction: 10.2%
- Research and development: 23.8%
- Supply, distribution and procurement: 3.5%
- Engineering: 11.7%
- Business administration: 19.4%
With 9 in 10 new jobs in Australia projected to require post-school qualifications,2 it is imperative that aspiring business leaders further their education.
The Graduate Management Admission Council’s 2020 Corporate Recruiters Survey reports that future hiring practices in business look promising. Not only have employment numbers have remained stable during the global pandemic, “the skills and abilities acquired by graduate management talent during their business school experiences make them a valuable asset in supporting organisational recovery and resiliency.” 4
And, learning at La Trobe University means that you’re expertly prepared for advanced management and consulting roles.
Our course structure is:
- accredited by EPAS, from the European Foundation for Management Development
- aligned to the UN’s Principles for Responsible Management Education (PRME).
You can choose an industry-focused specialisation in data analytics that further supports your career growth and advancement. Data is king in this economy, and knowing how to extract, analyse and act upon it is key to innovation and creating winning strategies. You’ll learn how to understand the unique needs of businesses and how to make informed decisions and improve processes.
Our MBA helps you develop management skills and gain professional recognition to advance your career. MBA graduate careers may include:
- General manager
General managers watch over an organisation’s finances, staff and day-to-day functions. These managers work in businesses and companies in every industry. - Chief operating officer
In their executive position, chief operating officers oversee the growth of their organisation and work to make it more efficient. They focus on innovative processes and maintaining relationships with stakeholders. - Chief financial officer
Chief financial officers are also executives. They are involved in all finances, including expenses, profits and reporting. - Board director
A company’s board of directors represents shareholders and other stakeholders. They set policy and monitor how the organisation enacts its mission, vision and goals. - Business and management consultant
Business and management consultants work with business owners and stakeholders to make their practices more efficient and effective.
MARKETING DIRECTORS
$142,289/year
As a marketing manager, you’ll manage and direct marketing tasks on behalf of your organisation. According to the most recent labour projections, leaders in advertising, public relations, and sales can expect a growth rate of 4% through November 2026, adding over 7,000 new opportunities.3 Payscale reports that marketing directors earn an average yearly salary of $142,289. Those with experience in marketing management, marketing communication and strategic marketing can boost their yearly salary to over $145,0005
MANAGING DIRECTOR
$161,703/year
As a management analyst, you’ll evaluate how an organisation operates then create and implement plans and processes for As a managing director, you’ll direct an organisation’s or company’s operations and provide strategic recommendations to its board members; you’ll also manage other employees to ensure that overall goals are met. Managing directors are considered high-level executives. Payscale reports that managing directors make a yearly salary of $161,703.6
Program outcomes
By graduation, you can:
- Solve complex problems by synthesising data, evaluating risks and alternatives and leveraging technology
- Demonstrate effective and ethical leadership
- Communicate an advanced understanding of complex knowledge across business
- Use a range of digital technologies to analyse and disseminate data-driven decisions in a global economy
- Create sustainable, economic, social and environmental value in global business
Career support from La Trobe
As you get ready to advance your career, La Trobe’s career services team and alumni community are here to support you. You’ll graduate ready to put your best foot forward to secure the role you want.
Sources
- “Master of Business Administration (MBA) Degree in Australia.” Payscale, https://www.payscale.com/research/AU/Degree=Master_of_Business_Administration_(MBA)/Salary. Accessed 2 March 2022.
- “Employment Projections – five years to November 2026.” Australian Government Labour Market Insights, https://labourmarketinsights.gov.au/our-research/employment-projections/. Accessed 20 April 2022.
- “Advertising, Public Relations and Sales Manager.” 2021 Occupation projections – five years to November 2026. Australian Government Labour Market Information Portal, https://labourmarketinsights.gov.au/occupation-profile/advertising-public-relations-and-sales-manager?occupationCode=1311. Accessed 11 April 2022.
- “The Impact of COVID-19 on the Hiring of Business School Graduates: Corporate Recruiters Survey 2020.” Graduate Management Admission Council (GMAC). 21 September 2020. https://www.gmac.com/-/media/files/gmac/research/employment-outlook/gmac_corporate_recruiters_survey_sept_2020.pdf.
- “Average Marketing Director Salary in Australia.” Payscale, https://www.payscale.com/research/AU/Job=Marketing_Director/Salary. Accessed 11 April 2022.
- “Average Managing Director Salary in Australia.” Payscale, https://www.payscale.com/research/AU/Job=Managing_Director/Salary. Accessed 11 April 2022.