What are the advantages of pursuing an MBA in Australia?

An MBA in Australia offers global exposure, diverse networking opportunities, high-quality education, and access to a thriving business environment.

What are the top business schools offering MBA programs in Australia?

Some renowned institutions in Australia offering MBA programs include the University of Melbourne, Australian National University, University of Sydney, and more.

What are the typical admission requirements for MBA programs in Australian universities?

Admission requirements often include a bachelor's degree, work experience, GMAT/GRE scores, English proficiency tests (like IELTS/TOEFL), and letters of recommendation.

2022-02-17 |

Countries

MBA in Australia: Key Details & Insights

How much does MBA in Australia cost?

By Grad-Dreams

Australia

MBA

MBA IN AUSTRALIA

Australia is a diversified country that continues to be a popular destination for international students seeking higher education overseas. Among the master's degree courses, a Masters in Business Administration (MBA) is the preferred option. It is worth noting that Indians have discovered Australia to be an attractive and sought-after study destination, with over 70,000 students enrolled in various universities each year.

#WHY STUDY MBA IN AUSTRALIA?

If you study management in Australia, you will graduate with a high-quality, internationally recognized diploma that will help you advance your career at home or abroad. In Australia, there are over 75 globally recognized MBA programs, many of which are certified by the AACSB and EQUIS.
Many Australian management and MBA programs allow international students to gain experience by engaging in an internship with a local firm or an international exchange or study tour.
Students in Australian management and MBA programs receive a combination of practical and academic instruction, with an emphasis on improving communication, social, and leadership skills. Courses in Australia emphasize creativity and independent thinking.
Because of Australia's multiculturalism, you will have the opportunity to study alongside students from all over the world.

#TOP UNIVERSITIES

Universities	Full-time MBA Fees- Average (INR)
Australian National University	37 lakhs
The University of Queensland	41.2 lakhs
The University of Sydney	49.3 lakhs
The University of Melbourne	45.5 lakhs
The University of Newcastle	25 lakhs
The University of Western Australia	30.5 lakhs
The University of Adelaide	41 lakhs
Monash University	45 lakhs
University of Technology Sydney	48 lakhs
University of New South Wales	44.2 lakhs

If you wish to study abroad, contact Grad-Dreams for the best international career plans.

#COST OF LIVING

Cost Type	Average Expense per Week (in AUD$)	Average Expense per Week (in INR)
Utilities	10– 20	536 – 1072
Transportation	30– 60	1600 – 3215
Food/Groceries	140 – 280	7500– 5000
Recreation	80– 150	4287 – 8038
Course-related expenditure	15– 20	803 – 1072
Accommodation	100 – 300	5350 -16080

#SCHOLARSHIPS

Scholarships	Amount in AUD
Monash MBA International Women in Leadership Scholarship by Monash Business School	AUD 22196 (INR 1213984)
MBA Student Scholarship by UQ Business School	25% tuition fee waiver
ANU College of Business and Economics India Excellence Scholarship by Australian National University	20 students are selected and are given an amount of AUD 9247 (INR 505754)
UOW Postgraduate Academic Excellence Scholarship by Sydney Business School	10% to 30% tuition fee
Kraft Heinz Scholarship by Melbourne Business School	AUD 41549 (INR 2272474)
AGSM Global Reach Scholarship and AGSM Excellence Scholarship by the Australian Graduate School of Management	Amount varies
MBS Scholarship by Melbourne Business School	Amount varies
International Excellence Scholarship for India and South Asia Business and Law Scholarships by UON Faculty of Business and Law	AUD 11800- 55495 (INR 645387- INR 3035235)
Adelaide MBA Scholarship by Adelaide Business School	25% of tuition fee
MBA Scholarship for Outstanding Students BY UTS Business School	AUD 1849- 4624 (INR 101128- INR 252904)

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#CAREER

Because an MBA from Australia is internationally recognized, you can apply for employment all over the world as well as in Australia once you've completed your MBA. Students who graduate with an MBA from Australia are often hired in mid-level management jobs. Finance is the most lucrative industry in Australia, followed by technology and consulting.

Friendly visa policies for overseas students studying in Australia are very important in luring international students.