Melbourne Business Practicum - July 2018

The Melbourne Business Practicum (BUSA90473) is an in-company intensively-taught subject where students experience the business practices and culture of a Melbourne company first-hand. The aim of the Melbourne Business Practicum is to connect teams of no more than four students to a Melbourne-based company where they are given a challenging business project to work on.

New location!

We're taking the July 2018 Melbourne Business Practicum interstate and trialing Sydney for the first time! This will be a great opportunity for students to gain Australian work experience in either Melbourne or Sydney. Please read on to find out more

View this subject in the Handbook

  • About the Melbourne Business Practicum

    The Melbourne Business Practicum aims to expose students to:

    • different work practices and cultures;
    • increased networking opportunities;
    • the experience of working closely in a team;
    • challenging and intensive real-life working environments; and
    • the application of theory to practice.

    The Melbourne Business Practicum is worth 12.5 credit points and is offered in February and July each year. The information provided below applies to the July intake of the program.

    Companies previously involved in the Melbourne Business Practicum include banks, insurance firms, not-for-profits and accounting firms. Each company provides a business project or problem and teams might be asked to:

    • examine a new business opportunity for their company;
    • undertake a business analysis exercise;
    • undertake financial analysis or model of current operations, products or services;
    • develop a marketing plan for the company;
    • undertake a business planning exercise; or
    • recommend operational efficiencies.

    Read more about previous Business Practicum student experiences here!

  • Key dates

    To take part in the Melbourne Business Practicum, there are compulsory dates you need to be aware of:

    July 2018 Intake:

      
    Applications OpenMonday 26 February 2018
    Applications CloseThursday 29 March
    Group InterviewsTuesday 17 ‐ Thursday 19 April
    $200 deposit due date (Sydney students only)Tuesday 8 May
    Balance due date (Sydney students only)Tuesday 22 May
    Induction weekMonday 25 June - Friday 29 June
    In company datesMonday 2 July ‐ Friday 13 July
    Final presentation to host companyScheduled between Friday 13 July ‐ Wednesday 18 July
    End of Practicum Celebration Thursday 26 July
  • Who should submit an application?

    The below criteria should help you determine whether you would be a strong candidate for the Melbourne Business Practicum:

    • Your Weighted Average Mark (WAM) is 65% or higher. Due to limited spaces, entry into the Melbourne Business Practicum is competitive. The minimum average grade requirement for MBP is 65% and the Selection Committee considers the following when allocating places:
      • Academic Performance
      • Quality of CV
      • Interview performance
      • An overall match of skills, experience and interests to the available projects
    • You have completed a minimum of:
      • 200-point degree students: completion of a minimum of 50 points at time of application; or
      • 150 point degree students: completion of a minimum of 50 points at time of practicum commencement if you have a business background (e.g. studied business subjects in an undergraduate degree or relevant work experience).

        Note: All students enrolled in a 200-point degree must first have completed 50 points before applying, regardless of educational background.
    • You are only applying for one Business Practicum subject (Global or Melbourne) for the intake. Please only submit an application for one of the Business Practicum subjects per intake. Students who apply for both the Melbourne Business Practicum and Global Business Practicum during the same intake (e.g. July) will not be considered for either subject.
    • You have checked that there is capacity within your study plan for an elective subject worth 12.5 points

    Please note: Students undertaking Master of Commerce (Finance) and the Master of Management (Accounting) 150pt program are generally ineligible to apply, due to limited elective options available in the course.

  • How much will it cost?

    In addition to the standard University subject fee, there is an additional fee of $677 (subsidised by the faculty).

    Fee includes a 4 person share apartment, 2 x twin rooms, 2 x bathrooms and a fully equipped kitchen. This fee does not include your airfare, lunch, dinner or spending money.

  • Melbourne Business Practicum Prize

    The following prizes will be awarded to the most impressive July 2018 Melbourne Business Practicum applicants:

    2 x $500 prizes for the best local MBS student
    2 x $500 prizes for the best international MBS student 

    Selection is based on academic average and interview performance.

    There is no separate application to be considered for a prize and selected students will be notified of their award at the same time as the offer for a place in the subject.

  • Information Sessions

    As we offer two equally exciting Business Practicum subjects, it can be difficult to determine which one is right for you.To help you decide, come to our Choosing a Business Practicum Information Session which will compare each of the programs, helping you to make the best choice.

    Choosing a Business Practicum Information Sessions:

    March 5, 2018
    12.15pm - 1.15pm 
    Venue to be confirmed
    Register here

    March 5, 2018 (repeat session)
    5.15pm - 6.15pm 
    Venue to be confirmed
    Register here


    Please note that we are still finalising a venue for each of these sessions. To ensure we can keep you updated, please register to your preferred session (not both) and we will email you the final venue closer to the session date.

  • Apply Now

    Applications for BUSA90473 Melbourne Business Practicum are open from Monday 26 February – Thursday 29 March (midnight). Access the online form via the button below.

    APPLY NOW!

    Please note: with the recent addition of a new destination to the MBP program, the application form will now include an option to be considered for Sydney and/or Melbourne. As this will be a trial, places allocated to Sydney will be smaller, with more places available in Melbourne.

  • Contact us

    If you have any questions about Melbourne Business Practicum please send an email to: mbs-practicums@unimelb.edu.au

Have a question? Contact MBS