Global Management Consulting

Costs, grants, scholarships and funding

• Travel Costs

  Besides the standard tuition cost of the Global Management Consulting subject, there will be additional costs associated with the travel component of the May 2023 intake for:

  • Airfare to and from the destination country
  • Accommodation during the trip (~AU$1925 per student to either city)
  • Meals and transportation expenses while abroad
  • Visa application fees (if required for the destination country)

  These additional costs will vary depending on the destination city and specific itinerary of the trip. Students should budget accordingly and consult with the experiential learning coordinators for more information on estimated expenses.

• Global Management Consulting Travel Grant

  The Faculty of Business and Economics will provide a $1,000 grant to participants* in the May 2023 intake to assist with travel costs.
  
  *Students who have already received an FBE Travel Grant do not qualify for this grant.

• The John D. and Dagnija Balmford Travel Grant

  Available through the generosity of John D. and Dagnija Balmford, we have up to 6 grants to the value of $3,000 each available to second or third-year Bachelor of Commerce students who would benefit from additional financial support to undertake Global Management Consulting.

  Eligibility:

  To be considered for the Balmford Travel Grant, you must meet each of the following criteria:

  1. be a domestic student;
  2. have successfully completed at least 175 points of the Bachelor of Commerce; and
  3. be enrolled in your second or third-year of study;
  4. intend on taking MGMT30017 Global Management Consulting in May 2023 and have submitted an application; and
  5. meet the financial criteria as defined by Access Melbourne requirements. This includes being in receipt of Austudy, ABSTUDY, Youth Allowance, if your parents receive Family Tax Benefit A or you can demonstrate a financial need.

  How to apply and what’s the process:

  1. Apply for MGMT30017 Global Management Consulting via the online form in the “How to apply” section below.
  2. Apply for the Balmford Travel Grant by Sunday, 19 March 2023. This includes uploading evidence proving your financial situation (e.g. a Centrelink statement) and a 500 word written Scholarship Impact Statement on how the potential travel grant could impact your ability to participate in a global experience program.
  3. Students who are offered a place in MGMT30017 Global Management Consulting May 2023 who also applied for the Balmford Travel Grant will have their eligibility reviewed by the Selection Panel. The Selection Panel will be made up of the Manager Student Experience and Experiential Learning and the Scholarships officer.
  4. Recipients of the Balmford Travel Grant will be notified via their student email.
• Student Financial Aid

  A range of funding available usually in the form of interest-free loans. Please see the Financial aid website for more information.

• OS-HELP Loan

  Available to students enrolled in a Commonwealth Supported Place (CSP) in a degree course who want to undertake part of their study overseas. Find out more here.

How to apply

Applications for the Global Management Consulting May Intake (delivered from end of May to mid July) are now closed. Applications for the next intake, Global Management Consulting October, will open on 24 July.

• Step 1

  Login to Sonia Live using your University of Melbourne student credentials: https://unimelb.sonialive.com/.

  Click on Faculty of Business and Economics.

• Step 2

  Click on the Placements tab on the menu bar at the top of the page and search for Global Management Consulting.

  Please note that Global Management Consulting will only appear in the Placements screen if applications are currently open for an upcoming intake. If the subject does not appear in the list, it is likely that applications have not yet opened or have already closed. Check the key dates section above to find out when applications are open for this intake.

• Step 3

  Click the green + Join option. This will give you access to the subject application form which can be found on the Forms tab. You may need to refresh your browser for this to appear.

• Step 4

  Complete all fields of the application form and click submit. Please ensure you take note of the application due date as we do not accept late submissions.

• Step 5

  After the closing date, applications will be shortlisted and applicants will be emailed an outcome within 5 working days.

  If you remove yourself from the GMC Placement group we will take this as an application withdrawal.

Frequently asked questions

• Which is better, the Global Management Consulting or an internship?

  It depends on what your goals are. Global Management Consulting will offer you the chance to gain consulting experience while addressing a typically more complex and advanced realistic business problem posed by an international company.

• How many applicants usually apply for Global Management Consulting?

  There are usually at least double the number of applicants to available places. There are 20 places per intake of the remote offering.

• Questions we ask in your application form

  The following three questions will be asked in your application form:

  1. In your view, what positive impact should professional management consultants aspire to have on business and society. (max 200 words)
  2. What capabilities and experiences will you personally contribute to your GMC team that will create value for your consulting client. (max 300 words)
  3. What personal development and growth outcomes do you aim to achieve by completing the Global Management Consulting subject. (max 300 words)

  You should express your personal views here. There is no right or wrong answer to these questions. We also encourage you to focus on the quality of your responses rather than on reaching the maximum number of words set.

• Can I choose my team mates?  Can I choose the company or project?

  No, you will be allocated to your team and company with a specific project.  We consider a range of factors when allocating teams, such as a balance of disciplines/majors and gender within a team; alignment of specific skills to projects and areas of interest.

• When will I be told what team and project I am allocated to?

  Because the projects are picked for their realism and currency, projects are selected close to the project delivery date. We cannot tell you which team and project you are allocated to until just prior to subject commencement.

• How much does it cost?

  The cost of Global Management Consulting is a standard University subject. However, there will be additional costs associated with the travel component of the May 2023 GMC for accommodation, flights, meals, and other incidental travel expenses. More detail about specific costs will be provided to students in the coming weeks.

  The Faculty of Business and Economics will provide a $1,000 grant to all eligible students participating in the May 2023 GMC to assist with travel costs.

• I want to take a subject over the summer/winter while also completing the GMC (e.g. Commerce Internship). Is this okay?

  No, students participating in the GMC will not be permitted to enrol in any other subjects that run during the same dates. GMC is intensive and requires 100% commitment from students.