Monarch Institute Review – Scam or Legit?

Monarch Institute Review - Scam or Legit?

Today we will be reviewing a renowned online educational platform known as Monarch Institute. Is it legit? Find out in this Monarch Institute review.

Welcome to an extensive review of Monarch Institute. Within this analysis, we explore the diverse aspects of the institution, conducting a thorough examination that covers essential components such as its course offerings, pricing structure, strengths, weaknesses. Our goal is to give prospective students and curious minds a full and friendly overview that paints a complete picture of what Monarch Institute is all about.

Let us see if they are worth trying out.

Disclaimer: I am not affiliated with Monarch Institute in anyway possible. This is solely an independent review.

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Monarch Institute Review: Quick Details

  • Name: Monarch Institute
  • CEO: Nick Chapman
  • Website: https://www.monarch.edu.au
  • Socials: Facebook , Instagram, YouTube
  • Type: Online Courses
  • Niche: Marketing and Financial
  • Recommendation: This program is not recommended because it is expensive and course does not guarantee financial freedom.

Who is Nick Chapman?

Monarch Institute Review - Scam or Legit?

Nick Chapman is a seasoned Chief Executive Officer with a wealth of experience spanning over 20 years and shines as a standout leader across varied sectors in his roles as the CEO at Monarch Institute, Executive Director at BROWNS, and Chair at Acorn Strategy.

Steering the ship at Monarch Institute, Nick’s mission is to transform education by placing students at the heart of the experience. He uses a holistic approach where every aspect of the institute’s operations, from technology in courses to delivering education and providing support services, is finely tuned to cater effectively to student needs. Nick’s unwavering commitment to enhancing the educational journey is evident through his strong emphasis on experience-driven learning.

Beyond his role at Monarch Institute, Nick is a passionate advocate for teamwork and forging strategic partnerships. He generously extends his expertise to various boards and committees. Nick remains deeply involved in fostering innovation and progress, drawing inspiration from diverse industries.

Born from Melbourne, Australia, Nick Chapman’s expertise covers a wide spectrum including management, new media, television, broadcast, and new business development, solidifying his esteemed reputation in the field. His unwavering dedication to student-centric education, combined with his collaborative spirit and extensive industry involvement, positions him as a forward-thinking pioneer driving the evolution of modern education.

What is Monarch Institute?

Monarch Institute Review - Scam or Legit?

Monarch Institute prides itself on being a premier educational institution in Australia. They are known for their extensive array of accredited courses covering business, accounting, bookkeeping, financial planning, and mortgage broking. They firmly believe that their standout quality comes from their commitment to offering hands-on, real-world education that perfectly meets what employers are looking for.

Their unique strategy starts by envisioning the end goals desired by actual employers and then tailoring their curriculum in reverse. This distinctive approach ensures that their courses are not just based on dry theory but are instead focused on practical application in professional settings.

The institute boasts an impressive faculty lineup comprising industry-leading professionals actively shaping their fields. Students are privileged to tap into their expertise right from the get-go, gaining invaluable insights from seasoned practitioners.

According to their website, Monarch Institute has garnered overwhelmingly positive feedback from students, boasting an outstanding satisfaction rate of over 91%. This high satisfaction level serves as a testament to the institute’s commitment to quality education and support, reflecting the numerous success stories and positive experiences of their students.

Online Certificate and Diploma

Monarch Institute offers the following online certifications and diplomas

  • Courses in Accounting & Bookkeeping: Price Range from $1250 to $3100

Complete programs available:

    • Certificate IV in Accounting and Bookkeeping
    • Diploma of Accounting
    • Advanced Diploma of Accounting
    • Diploma of Payroll Services

Partial Courses:

    • Accounting Principles Skill Set
    • BAS and Payroll
    • Tax Agent Certification Program
Monarch Institute Review - Scam or Legit?

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My Favorite Program

  • Financial Planning Courses: Price Range from $750 to $2350

Accredited Programs Offered:

    • Advanced Diploma of Paraplanning
    • Graduate Diploma of Financial Planning
    • Bridging Course (Financial Planning)
    • Bachelor of Commerce (Financial Planning)

Brief Programs:

    • RG146 Professional Series
    • XPLAN Training Program
    • RG146 Professional Series – Fundamentals of Financial Planning
    • RG146 Professional Series – Investments
    • RG146 Professional Series – Insurance and Risk Management
    • RG146 Professional Series – Superannuation and Retirement Planning
  • Business & Management Courses: Price Range from $2650 to $2950

Complete Programs Available:

    • Certificate IV in Business (Administration)
    • Certificate IV in Entrepreneurship and New Business
    • Diploma of Entrepreneurship and Innovation
    • Diploma of Business
    • Diploma of Business (Digital Transformation)
    • Diploma of Business (Operations)
    • Diploma of Business (Organisational Development)
    • Diploma of Leadership and Management
    • Advanced Diploma of Leadership and Management
  • Transportation & Logistics: Price Range from $2750

Complete Program Offered:

    • Diploma in Logistics
  • Finance & Mortgage Broking: Price Range from $1500 to $1750

Comprehensive Programs Available:

    • Certificate IV in Finance and Mortgage Broking
    • Diploma of Finance and Mortgage Broking Management
  • Governance: $1,725

Complete Program Offered:

    • Governance Professional Series
  • Project Management: $3,100

Accredited Program Offered:

    • Diploma in Project Management
  • Marketing Offerings: Price Range from $645 to $3,950

Educational Programs:

    • Certificate IV in Marketing and Communication
    • Diploma of Marketing and Communication
    • Diploma of Digital Marketing
    • Diploma of Social Media Marketing
    • Advanced Diploma of Digital Marketing

Partial Qualifications:

    • Marketing and Communication Foundation Skill Set

Certifications

  • Certified Digital Marketing Professional (CDMP) – Australian Resident
  • Certified Digital Marketing Professional (CDMP) – New Zealand Resident

Short Courses:

  • Certified Digital and Social Selling Specialist
  • Content Marketing
  • Customer Experience (CX)
  • Data and Web Analytics
  • Digital Display
  • Digital Strategy
  • eCommerce
  • Email Marketing
  • Foundation Certificate in Digital Marketing Associate
  • Paid Media (PPC)
  • Search Engine Optimisation (SEO)
  • Social Media Marketing
  • UX and Web Design

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My Favorite Program

  • Human Resources: Price Range from $1,500 to $3,300

Complete Program:

    • Certificate IV in Human Resource Management
    • Diploma of Human Resources Management

Partial Programs

    • Human Resources Foundation Skill Set
  • Information Technology: Price Range from $3,750 to $4,250

Complete Programs:

    • Certificate IV in Information Technology
    • Diploma of Information Technology
    • Diploma of Information Technology (Cyber Security and Advanced Networking)
    • Diploma of Information Technology (Front and Back End Web Development)
Monarch Institute Review - Scam or Legit?
  • Conveyancing: $4,250

Comprehensive Program:

    • Advanced Diploma of Conveyancing

Pros and Cons

Pros

  • Monarch Institute offers government funding to eligible students in Victoria and Queensland. Each state has specific criteria for qualification, ensuring alignment with their requirements. This funding is an excellent opportunity for qualified individuals to receive financial support for their studies, subject to meeting Victoria and Queensland’s government funding program criteria.
  • The online learning platform they offer allows students to study at their own pace and convenience. This flexibility enables individuals to engage in coursework whenever it suits their schedules, allowing for a balanced approach to learning alongside other commitments. Students can tailor their study hours to fit their lifestyle, accessing educational materials and completing assignments from any location with internet access.
  • Upon enrollment, you get a dedicated trainer for personalized guidance throughout your learning journey. This instructor is a valuable resource available to assist and support you at every step. You can easily reach out through email for questions or concerns, and schedule one-on-one discussions or video calls via platforms like Zoom for more interactive guidance. This direct communication ensures timely support, enhancing your overall learning experience.
  • Monarch Institute provides payment plans for most courses, allowing students to choose weekly or fortnightly study schedules that suit their lifestyles. For courses priced at $1500 or more, students can opt for these plans, breaking down education costs into manageable installments. This helps students manage finances while pursuing quality education.

Cons

  • The prices of courses at Monarch Institute can be quite high, making it hard for some people, especially those on a tight budget, to join. This might discourage learners who are seeking more affordable options or find it tough to manage the expensive fees. This could limit access to education for those who can’t afford the higher costs at Monarch Institute.
  • Getting a diploma from Monarch Institute does not always mean you’ll get the financial freedom you want or easily find a well-paying job. 
  • In addition, one of the primary drawbacks of online education stems from the absence of in-person interaction. This absence makes it challenging to engage with peers and teachers, impacting the ease of discussions, obtaining immediate assistance, and establishing meaningful connections.

Final Verdict – Monarch Institute Reviews

While Monarch Institute provides diplomas and degrees, it’s crucial to recognize that obtaining qualifications from this institution may not guarantee immediate financial freedom. Possessing a diploma or degree from them does not ensure landing a well-paying job. With how competitive the job market is now, where many applicants hold college degrees, having this diploma alone may not secure a desirable job.

It is important to consider that the significant cost of these courses might alternatively be invested in other business ventures or areas that could potentially yield greater financial returns. Therefore, while Monarch Institute provides educational opportunities, its certifications alone may not ensure financial success or employment prospects, prompting individuals to weigh the course costs against potential alternative investments or business endeavors.

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