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Macquarie Versus Monash

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Macquarie Versus Monash

by shreenag » Sat Apr 08, 2017 12:40 am
Hi there,

I am posting here after a long time. I first took my GMAT In 2013 . I scored 480.Now I am 30 years old.
This time around I am not even going to write the exam. Since most target schools in US are out of my reach because of age barrier I am considering the schools in UK and Australia only. UK has Visa problems so my no.1 choice is australia.

I would be appreciate if you could let me know about the MBA programs at Macquarie and Monash.Both do not require GMAT and Macquarie has a good ranking in FT 2017 MBA rankings.

what do you think of Macquarie and monash in terms of RoI , Job opportunities etc...?
Warm regards,
Shreenath.

Never,never give up.
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by EduSimplified » Mon Apr 10, 2017 11:10 pm
shreenag wrote:Hi there,

I am posting here after a long time. I first took my GMAT In 2013 . I scored 480.Now I am 30 years old.
This time around I am not even going to write the exam. Since most target schools in US are out of my reach because of age barrier I am considering the schools in UK and Australia only. UK has Visa problems so my no.1 choice is australia.

I would be appreciate if you could let me know about the MBA programs at Macquarie and Monash.Both do not require GMAT and Macquarie has a good ranking in FT 2017 MBA rankings.

what do you think of Macquarie and monash in terms of RoI , Job opportunities etc...?
Hi Shreenath,
I understand your frustration and empathise with you. I was once in your shoes and I know cracking the GMAT can be really challenging. It is ironical that your signature in BeattheGmat reads "Never, never give up" !!
There is no age barrier for pursuing an MBA anywhere in the world specially USA. To answer your question, short answer is Monash is a better school than Macquarie. For long answer I need to understand why are you pursuing an MBA? Which specialisation do you wish to pursue within an MBA? Amongst other things. Do get in touch if you need the long answer. Good Luck!
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by courteous » Tue Jun 06, 2017 7:35 am
I agree with you that. It takes place here;) Never say never, never give up, do your thing and collect applause, you know what every one of us has 5 minutes, hold them firmly and combine!I greet you
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by amit_nain » Tue Jun 06, 2017 1:18 pm
Hi Sreenath,

Both Monash Business School & Macquarie Graduate School of Management have good reputation among the recruiters in Australia.
Both schools have small class sizes with average work experience of 6-7 years so that is in line with your profile.
In terms of MBA cost, the tuition at Monash is AUD 69400 while at Macquarie, it is AUD 80000. Both are two year MBA programs so the opportunity cost plus the living expenses would be similar. So your total investment would be lower in Monash.
Regarding the career statistics, both schools do not share the numbers on their website however, there is salary information available on some reputed sources.
For Monash, the Average CTC was AUD 90950 as reported on BI while at Macquarie it was AUD 167979 in 2015. PLease keep in mond these are not base salary & could also include a lot of non-cash component plus the salaries offered in Australia may vary a lot depending upon how the overall economy is doing w.r.t to the natural resources industry, which was a major export item for Australia a few years back. So going by the numbers only Macquarie seems like a better choice.
Also, would like to mention two more points:
1. Just based on your age do not write off US schools, a lot of top MBA programs in US do take students of age more than 30 years.
2. Also, do consider some of the European schools in your target list, the fees are quite low as compared to US, average work experience is around 6-7 years & the salaries are good. Some also wave off GMAT requirement in case you have significant experience.

You may check the numbers that I mentioned above at following links:
https://www.collegedice.com/school/Mona ... ss+School/
https://www.collegedice.com/school/Macq ... anagement/
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