In what could be an Australia first, the Victorian Institute of Technology has introduced a Start Your MBA For Free initiative for indigenous people and for women of any background.
VIT recognises that there have been many potential obstacles to starting an MBA and is committed to helping the next generation of leaders to overcome them.
VIT believes that there should be more effort to support the development of our indigenous leaders and tackle the underrepresentation by women on Australian boards.
VIT has the Equity Scholarship for those in need but decided to take things a step further and make it easier to start the study journey. Scholarships are different…they are formal, you commit to undertake assessments, you can fail subjects, you can have a scholarship withdrawn due to poor performance. The Start Your MBA For Free initiative reflects that there are many people who are uncertain and unsure whether they can fit study into their life. Or perhaps they think they might be unsuited for a course, when instead after a few classes they’ll realise their leadership potential and that yes they are suited and capable of completing the course.
Students will have the opportunity to sit in on one unit, the Sustainable Marketing class, for free with no obligations beyond that. This way there are no financial obligations or assessments, and someone can just soak up knowledge. Of course, the student can always decide midway to undertake assessments, for a minor assessments fee, if they would like to give themself the option of getting credit for the unit.
The Start Your MBA For Free initiative is designed not only to increase access for Australia’s indigenous people and women, but bring about better decision making in the country.
VIT will set aside five places in each MBA intake for the Start Your MBA For Free initiative. The next intake is October 2021. Work experience may substitute for undergraduate study.
Email MBAadmissions@vit.edu.au for more info.