The Monarch Institute is one of Australia’s most prestigious educational institutions.
Since not every academic institute is worth your money, you might wonder if Monarch Institute can deliver on their promise.
Could Monarch Institute be a scam?
Based on my research of the school and discussions with students, I can answer your question.
At the end of this article, I’ll also tell you a much better training platform that teaches you how to make a full-time passive income online.
Below is what I’ll cover in the review of Monarch Institute.
Table of Contents
What is Monarch Institute?
Monarch Institute is a top-notch education institute in Australia. They’ve been one of the best for years and it shows – over 90% of students say they’re happy with their training and would recommend the school to their friends.
One of the coolest things about Monarch is that they offer online courses, so you can learn from home and fit studying into your daily life, even if you have a job. And, who doesn’t love the idea of working from home, living that laptop life, or even making money online while traveling the world?
Now, while the courses at Monarch are great for picking up job skills, they won’t necessarily set you free from the 9-5 grind. But hey, learning is always a good thing, right?
Monarch Institute Courses
Monarch Institute offers a range of courses which include:
- Diploma of Financial Planning and Mortgage Broking Management
- Business, Leadership, and Management online programs
- Certificate IV in Accounting and Bookkeeping
- Marketing and Project Management programs
- Diploma of Logistics
Most of the courses have received positive reviews. If you’d like to equip yourself with some job skills, Monarch Institute might be a good choice.
Is Monarch Institute a Scam?
Monarch Institute is not a scam.
However, as I mentioned earlier, it only teaches job skills that cannot give you any financial freedom you have ever dreamed of.
The diploma from Monarch Institute does not guarantee you a decent job since most people have college degrees.
Some companies have even dropped their degree requirements for potential employees, such as Apple, Netflix, IBM, and Google.
Businesses would rather see relevant skills over schools as that will add value to their operations.
SEO (Search Engine Optimization) techniques are one of the most valuable skills employers are seeking, as they will help a website rank higher on Google to generate free traffic.
With SEO skills, you can get job opportunities from marketing firms or even launch your own business and achieve financial freedom.
So, now you might wonder how you can build an online business using SEO techniques.
In the next section, I will introduce you to the business model.
Can I learn how to make money online?
Monarch Institute doesn’t teach you how to make money online. If you want to start an online business, you might consider Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
Of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.