MBA vs GCM: Which degree is best for you? 

Considering further education to advance your career? Investing in your professional development can be a powerful move for long-term career success.  

The Master of Business Administration (MBA) and the Graduate Certificate in Management (GCM) are popular postgraduate qualifications. They both offer valuable skills and knowledge but are tailored to different professional needs and career stages. In this article, we’ll take a closer look at both programs offered at AIB to help you choose the path that best aligns with your personal aspirations and lifestyle. 

Program duration and structure 

How is the MBA program structured and how long does it take? 

The duration of an MBA program varies depending on the type of program and the study mode. In Australia, MBAs typically take 18 months to complete full-time and 2 to 3 years part-time. They have a large number of subjects including core subjects, electives and a final capstone subject. 

AIB’s online MBA allows students to study while working full time to finish in 2 years (standard study load of 6 subjects per year). Students also have the option to accelerate their studies to finish in just 12 months, subject to meeting concurrent study criteria. The program has 12 subjects, each lasting 8 weeks, allowing for focused and intensive study. There are 8 core subjects, 3 elective subjects for General MBA award students or 3 core specialisation subjects for specialisation MBA award students, plus Project, the capstone subject. This structure provides comprehensive business knowledge and allows room for specialisation. 

How is the GCM program structured and how long does it take? 

GCM programs in Australia generally consists of 4 core subjects spanning 6 months to 1 year of study. AIB’s GCM can be undertaken as standalone study, or as the first part of our MBA. The online course is designed to be completed in 8 months while working but can be completed in as little as 4 months, subject to meeting concurrent study criteria. The program consists of 2 core subjects, plus 2 electives of your choice. This streamlined structure is designed to provide a solid foundation in management principles without the additional coursework required in an MBA.  

Curriculum focus and depth of study 

How comprehensive is the MBA program and what are the key areas covered? 

The MBA has an in-depth curriculum that covers key business areas including finance, marketing, human resources, strategic management and organisational behaviour. There are a number of elective subjects which allow students to tailor their education to their specific career goals and interests. Instead of exams, AIB learners engage with a blend of theory and practical application, often addressing real-world business problems related to their own workplaces. This comprehensive curriculum ensures that MBA graduates have a well-rounded understanding of business and are prepared to tackle complex, multifaceted challenges. 

How comprehensive is the GCM program and what are the key areas covered? 

The GCM curriculum primarily concentrates on essential management skills and knowledge. The 2 core subjects: Leadership and Strategic Management, along with the 2 elective subjects of your choice, form a strong foundation for understanding and applying leading management principles. The program’s focused approach delivers fast and impactful learning, perfect for working professionals targeting management positions. 

Program learning outcomes 

What will an MBA teach me? 

MBA programs are designed to develop highly skilled and versatile business leaders. The learning outcomes of an MBA include mastering best practices in various business functions, leading and communicating effectively, critically analysing and solving problems, and making decisions that support an organisation’s growth. Graduates are equipped with the knowledge, skills and connections to make informed decisions, adapt to changing market conditions and drive long-term organisational success. 

What will a GCM teach me? 

The GCM covers key management concepts and skills that are highly relevant to the current work environment. The Leadership subject helps students understand their own gaps in leadership skills and build your strengths to inspire teams, manage change and drive growth, while Strategic Management hones critical thinking and decision-making whilst connecting the dots between functional departments of an organisation. GCM graduates are prepared to handle day-to-day management tasks effectively and to take on increased responsibilities within their organisations. Beyond immediate application, the program provides a solid foundation for further study or career advancement. 

Career impact 

How will an MBA help me reach my goals? 

An MBA can be a powerful catalyst for professional and personal growth. The qualification is highly regarded globally, providing significant credibility and recognition in the business world. An MBA opens up new opportunities with current and prospective employers, such as reaching executive positions, transitioning into new fields or even launching your own business. The program also fosters personal growth, including increased confidence, creativity, adaptability and emotional intelligence. 

How will a GCM help me reach my goals? 

While it may not have the same level of prestige as an MBA, the GCM is still recognised as a valuable credential by employers. GCM graduates often see a boost in their career prospects as the program improves competence in everyday management tasks and prepares graduates for more complex managerial challenges. As a result, they are better equipped to seize new opportunities and stand out in a competitive job market. 

Summary of AIB’s MBA and GCM programs 

*eligibility criteria applies 

Conclusion 

If you’re not sure which program is best for you, think about where you see yourself in the next few years. If you’re aiming for significant career shifts or senior leadership roles, the MBA offers a comprehensive education to fast-track your journey. While if you’re looking enhance your management skills quickly, the GCM is a more streamlined alternative. 

Remember, the GCM is the first stage of our MBA program. You can enrol in the MBA and still achieve an accredited qualification if you need to exit the program early. Or if you opt for the GCM and your career goals change or you find increased capacity to study, continuing onto the MBA is simple. 

Whether you choose the MBA or the GCM, you’ll be taking a meaningful step towards advancing your career and achieving your long-term objectives. Find out more about both programs below: 

Master of Business Administration

Graduate Certificate in Management