The Master of Management in Tourism and Hospitality is for postgraduate students looking to strengthen their career prospects in senior management and leadership roles in business. It is a modern business degree designed to develop your strategic thinking and conceptual, analytical and practical skills. You will combine core business and management studies with specialist tourism and hospitality electives. A comprehensive 600 hour Industry Research Project will hone your professional skills and demonstrate to future employers that you have the experience and tenacity to succeed in senior management.

We are management specialists closely connected with industry. Our Masters degrees have been developed in consultation with industry ensuring that they are highly relevant with an emphasis on applied learning. As an ICMS student, our industry connections are your industry connections. Throughout your degree you will have practical opportunities to strengthen your industry-specific skills. 

Course CRICOS Code: 078929F

What will I study?

The Master of Management is structured to provide you with the perfect balance of theoretical coursework and practical experience. The Master of Management with a specialisation in Tourism and Hospitality consists of the following:

  • 3 semesters (12 subjects) of in-depth coursework studies plus an Industry Research Project where you will work with an organisation in your industry for 600 hours and apply your knowledge to real business issues.
  • Delivery through a combination of small lectures, tutorials, workshops and industry research to cater for a range of learning styles.
  • The two-year course duration means international students are eligible for a two-year post-study work visa.

The ICMS Difference

Typical Study Pattern


  • Managing People and Organisations (PG)
  • Economics and Finance for Business (PG)
  • Accounting Fundamentals (PG)
  • Principles of Marketing (PG)
  • International Tourism (PG)
  • Tourism and Hospitality Marketing (PG)
  • Hospitality Property and Facilities Management (PG)
  • Strategic Management in Tourism and Hospitality (PG)


  • Foundations of Management Thought (PG)
  • Leadership Skills (PG)
  • Managing Service Relationships (PG)
  • Service Operations Management (PG)
  • Work Integrated Learning Postgraduate

Sample Subjects

Economics and Finance for Business (PG)

Subject Code: 
Subject Rationale: 

All businesses operate within an economic and financial framework and understanding the nature and parameters of the business environment is vital to making evidence-based decisions. Developing a deep understanding of economics and finance will assist you to relate theory to real-world economic and commercial events and equip you with the professional skills necessary to work successfully in a highly competitive global environment. A better understanding of economics and finance will provide functional knowledge of the intricacies of the financial system and the basis of government economic policies that influence business.

Subject Aim: 

The aim of this subject is to examine contemporary economic and financial systems and develop advanced insights about core theoretical concepts and frameworks of economics that underpin the purposes and operations of financial systems. The subject also aims to contextualise the role of business operations in that framework, and the resulting implications for effective decision-making.

Standard Subject
Teaching and Learning strategy: 

The subject outcomes will be achieved through weekly sessions of lectures and workshops/tutorials that consist of group and individual activities, class discussions, case studies and analysis of current economic and financial news. Lectures are essential to communicate the theories, concepts and approaches to developing an advanced understanding of economic and financial issues in the business environment. Tutorials are based around activities that provide students with a platform to demonstrate their understanding of relevant concepts and theories and how they inform business strategies and operations.

Student Assessment: 

Exams will take place in weeks 15 & 16. Please refer to the official Exam Timetable for further information.

For detailed instructions see the Moodle site.

No Type Weighting Learning Outcomes
1 Mid-Term Exam 25.00% 1,3
2 Individual Assignment 35.00% 1,2,3
3 Final Exam 40.00% 1,2,3,4,5


Learning Outcomes: 
  1. Analyse and apply an advanced knowledge of key economic theories and concepts to interpret the purpose and operations of contemporary markets.
  2. Critically evaluate and integrate theories and concepts in economics and finance to develop evidence-based arguments to inform management decisions.
  3. Analyse and critique contemporary business strategies and operations including interactions with governments and society.
  4. Appraise and interpret the financial system, international trade and finance, and financial crises.
  5. Assess and apply advanced macroeconomic analysis skills relevant to business and investment decisions.