Korn said:
Are there PhDs for business, in Australia or are they called something else, like Professional Doctorate
PhD's are PhD's... it's not a classification between research and coursework, just the trends for which the qualifications such as business and research they are used in.
Masters by Coursework's only real benefit is that it provides the ability for a student to avoid doing a research thesis for their degree and replacing that thesis with extra smaller smaller assessments. Nothing else really changes besides the fact that sometimes many high postgrad degrees such as PhDs etc require a thesis for entry into the course.
The popular line of thinking is that 'why write a 20,000 word thesis when I don't have to'... and that's where the Masters by Coursework fits in.