Hi - thought I'd pop in as I am studying at UniSA and can offer some "insider knowledge" here . While the subject lists for the two courses are similar for first year, the courses are very different - you are a student midwife from the first day, and you have placement in first semester which student nurses don't. It's hard to explain why, but nursing and midwifery are such different professions that there is little in common between them from a philosophical or literal approach and that's how it is taught.
There is a lot of extra work that BMID requires in follow-throughs and juggling placements while also studying, and it's a lot tougher than a straight BNURS.
There is no problem with getting a job as a midwife - there is a huge shortage of them around the country. A lot of places such as Tasmania and anywhere outside of metropolitan locations will require you to be a RN/RM though, which means that you can do an extra year after the BMID to also be an RN - it is mostly clinical placements and it quite easy to do.
Doing the grad year is entirely up to you and is also VERY competitive to get in to. It's not required by most employers, but it is of great use to the students themselves!
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