Australia is a land of opportunity and excellent education. Modern infrastructure, top-notch degrees and short-term courses, and a student-friendly environment make it a preferred study abroad destination . In addition to G8 universities , the island nation has a number of leading academic institutions offering quality education in all fields. Although these universities offer a variety of courses, the most commonly chosen option is MBA in Australia for Indian students. There are many other reasons to pursue an MBA in Australia for Indian students, let’s find out about them in this blog!
| Category | Details |
| Course name | MBA in Australia |
| Course level | Postgraduate course |
| Duration | 1-2 years |
| Basic law | Bachelor’s degree along with mandatory entrance exams |
| GMAT or GRE | Yes, required |
| IELTS/TOEFL | Yes, definitely |
| Annual tuition fee | INR 11-20,000,000 |
| Job Profiles | Manager, Analyst, HR, Financial Manager, Marketing Manager, Banks |
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Types of MBA in Australia
Whether national students or international students, Australia offers MBA degrees in the following formats:
- Full-time MBA
- Executive MBA
- Online MBA
- Distance learning MBA
Why study an MBA in Australia?
MBA in Australia for Indian students is now a popular concept given the international recognition of the structure of Australian MBA courses and universities. Here are some reasons that make it an ideal place to study MBA:
- Many types of MBA courses have been accredited by international organizations such as AACSB.
- The affordable price makes it an attractive option for students.
- The flexibility of Australian universities allows students to not only work, but also study in Australia to gain more knowledge.
- You can choose from a variety of specialization options.
- The cultural diversity among students at Australian universities makes them a desirable destination for an MBA for Indian students.
Popular MBA Courses
There are various MBA options available to Indian students at Australian universities. Below is a list of some popular MBA programs:
| MBA in Marketing | MBA in Finance | MBA in Digital Marketing |
| MBA in Insurance and Risk Management | MBA Operations | MBA in Manufacturing |
| MBA Healthcare Management | MBA in International Business | MBA in Logistics and Supply Chain Management |
| MBA in Banking | MBA in Interior Design | MBA in Airport Management |
| MBA in Information Technology | MBA in Aviation Management | MBA in Agribusiness |
| MBA in Entrepreneurship | MBA in Food Management | MBA in Materials Management |
| MBA in Media Management | MBA in Data Analytics | MBA in Agriculture |
| MBA in Energy Management | MBA in Communications | MBA in HR |
| MBA in Logistics | MBA in Computer Science | MBA in Pharmaceutical Management |
Top Universities
While all the MBA colleges in Australia for Indian students are at the same level in terms of facilities and academic structure, let’s look at some of the best colleges based on the same criteria:
| University | QS Global MBA Ranking 2023 | MBA Cost |
| University of Melbourne | 33 | AUD 89,000 [total] |
| University of New South Wales | 45 | AUD 86,000 [total] |
| Monash University | 57 | AUD 44,000 |
| University of Queensland | =50 | AU$80,000 |
| University of Western Australia | 90 | AUD 40,000 |
| Macquarie University | =195 | AUD 59,000 |
| Australian National University | 30 | AUD 47,000 |
| Deakin University | 266 | AUD 29,000 |
| RMIT University | =190 | AUD 37,000 |
Note. The amount indicated is for indicative purposes only. It may vary depending on course length, annual/total cost and at the discretion of the university. To know more, contact the experts at Leverage Edu .
Master of Engineering Management in Australia
Best Universities for MBA in Australia
Reception in Australia
During the year, Australia mainly conducts admissions in three phases when it conducts MBA admissions in Australia for Indian students. They are:
- February
- July
- november
MBA in Australia: Eligibility Requirements
Australian universities offering MBA programs provide educational opportunities to people from a variety of backgrounds. You are given the opportunity to plan and consult with different professionals to understand the real business problems. This creates a platform where you gain insight into how the corporate world works, which is one of the disadvantages that you might have otherwise faced if you had no prior experience. Listed are the requirements for an MBA in Australia for Indian students:
- You must have a bachelor’s degree in any field.
- Your undergraduate final grade and GMAT score are the most important components of the admissions process. However, this may vary. For example, in the case of lower grades in undergraduate school, this may be compensated by a good GMAT score and vice versa.
- Your extracurricular activities, your SOP , LOR , your IELTS score and your essays make up the rest of the entry requirements.
- Work experience of at least 2-3 years. However, some universities consider students with less or no experience. An accredited MBA program, or AMBA for short, requires at least 3 years of work experience.
Required documents
- Certificate of experience in relevant industries
- Academic transcripts
- English language test certificate including GMAT, TOEFL , IELTS.
- Resume/Resume
- SOP – Statement of Purpose
- ENT – Letter of recommendation
- Documents on financial resources
Sample SOP for Australian Student Visa
MBA in Australia with scholarship
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Your path to getting an MBA in Australia for Indian students will be easier if you apply for the following MBA scholarships in Australia:
| Scholarship | University name | Awards |
| MBA Student Scholarship | University of Queensland | 25% discount on tuition fees |
| KEG Scholarship | University of Southern Queensland | 20% discount on tuition fees |
| MBA Scholarship (Global) | Curtin University | 20% discount on tuition fees |
| USQ Scholarship | University of Southern Queensland | 20% discount on tuition fees |
| Global International Student MBA Scholarship | Newcastle University | 2500 Australian dollars |
| Curtin International Scholarship | Curtin University | 25% of tuition fees for the first year |
| International MBA Scholarship | Curtin University | AUD 15,000 |
| Indian World Leaders Scholarships (Business, Economics and Law) | University of Queensland | 5,000 UD – 20,000 UD |
Apart from the above, here are some other MBA scholarships:
- ANU Research School of Management MBA Scholarship 2021 from Australian National University
- 2003 SEMBA Scholarship from the University of Melbourne
- Dean’s Scholarship for Women and Management 2021 from the University of Melbourne
- Monash MBA Scholarship for Excellence in Leadership in Australia, presented by Monash Business School
- Curtin University International Student MBA Scholarship from Curtin University
MBA Scholarships in Australia
Cost of MBA in Australia for Indian Students
When you decide to pursue an MBA in Australia for Indian students, one of the most important things to consider is the cost of tuition. Apart from tuition fees, there are other requirements to consider. If you take into account the total expenses for personal expenses, transport, insurance, hostel and food, the figure comes to approximately AUD 20,700 (INR 11,65,420).
Cost of living in Australia
Depending on the type of residence, region and personal lifestyle, the cost of living in Australia ranges from 18,000 to 46,080 Australian dollars (9 to 25 lakh Indian rupees). The table below provides a breakdown of the cost of living in Australia:
| Type of expenses | Average annual expenses (AUD) | Equivalent value (INR) |
| Accommodation on campus | from 5280 to 13440 | 4.3 to 11 lakhs |
| Off-campus accommodation | from 8880 to 21120 | 7.3 to 17.3 lakhs |
| Telephone and Internet | from 720 to 1440 | from 38,000 to 76,000 |
| Food | from 6720 to 13440 | 3.5 to 11 lakhs |
| Public transport | from 1440 to 2880 | 76,000 to 1.5 lakhs |
| Various | from 3840 to 7200 | 2 to 3.8 lakhs |
| General | from 18,000 to 46,080 | 9.56 to 24.47 lakhs (approx.) |
Want help with student accommodation in Australia ? Click here to find your home away from home!
Course duration
We all know that an MBA course lasts for 2 years. If you are planning to pursue an MBA in Australia, then you should know that in most universities the course lasts between 15 months and two years. Recently, many universities have launched one-year MBA programs. The table below shows the duration of courses at some of Australia’s leading universities. You can look here:
| College/University Name | Course duration |
| Monash University | 2 years |
| University of Western Australia | 16 months |
| Melbourne Business School | 16 months |
| Australian National University | 1.5 years |
| University of Technology, Sydney | 2 years |
| Macquarie University | 1 year |
| University of Canberra | 2 years |
Courtesy: Harnoor Singh
Post MBA Job Opportunities in Australia for Indian Students
With global recognition, universities offering MBA in Australia for Indian students create good job profiles and packages for their students. Compared to the US, in terms of salaries, universities in Australia are doing better. Overall, the employment sector in Australia looks good for those looking for opportunities to continue their life after completing their studies in Australia. Listed below are the best job profiles for MBA graduates.
| Position Role | Average annual salary (AUD) |
| Marketing Manager | 103,000 |
| Senior Product Manager | 202,000 |
| Account Manager | 50,000 |
| Senior Business Analyst | 120,000 |
| Business Development Manager | 121,000 |
| Sales Consultant | 82,000 |
| Regional Sales Manager | 80,000 |
| Operations Manager | 98,000 |
| Category management | 97,000 |
| General manager | 143,000 |
Find out more about part-time jobs in Australia
Top recruiters
Below are the top MBA recruiters in Australia:
| Recruiters | Average annual salary (AUD) |
| Commonwealth Bank of Australia | 84,000– 165,000 |
| ANZ Banking Corporation | 45,000– 225,000 |
| Woolworths | 123,000– 225,000 |
| Telstra Corporation Ltd. | 126,000– 155,000 |
| Westpac Banking Corporation | 66 00– 135 000 |
| Alliance Global Investors | 132,000 |
| JP Morgan | 158,000 |
| Barclays | 132,000 |
| Fidelity Investments | 133,000 |
| HSBC Global Asset Management | 107,000 |
MBA in Australia without GMAT
Students without a GMAT score may be admitted to the universities below without a GMAT score.
- ANU College of Business and Economics, Australian National University
- La Trobe University , Melbourne
- Faculty of Business and Economics, Monash University
- Sydney Business School, University of Wollongong
- Macquarie Graduate School of Management, Macquarie University
- Sydney Graduate School of Management, Western Sydney University
- University of Sydney Business School
- Australian Catholic University
- James Cook University , Townsville City
- Curtin University, Perth
Cheapest MBA in Australia for International Students
For all the students studying Australia’s cheapest MBA program for international students, there are plenty of options in the country. Many institutes and business schools in Australia offer MBA programs at a lower cost. The average tuition fee for such programs is around INR 8,00,000-12,00,000 per year. Listed below are some universities offering the cheapest MBA in Australia for international students.
- Kaplan Business School
- Holmes Institute
- Charles Darwin University
- Edith Cowan University
- University of Victoria
- Central Queensland University
- Federation University
- University of Southern Queensland
- IIBIT
MBA visa to Australia
Here are the details regarding student as well as work visas for Australia.
Student visa
Once students enroll at a university in Australia, they will be able to apply for a student visa. Here are the documents you may need:
- Documents on education and work experience
- Proof of English language proficiency by providing IELTS/TOEFL results.
- Valid passport
- Visa application fee
- Application for your Genuine Temporary Entry (GTE)
- Declaration of intent
- Passport size photographs
- Evidence of financial ability to pay for tuition, living expenses, dependent expenses, return air ticket, etc.
- Health insurance policy or OSHC
- Proof of Registration or Confirmation of Enrollment (COE)
Student visa to Australia
Work visa
After completing an MBA course in Australia, students can apply for a work visa . Here are the documents required for a work visa:
- Medical insurance
- Skills assessment is carried out by a reputable authority
- Proof of English language proficiency (IELTS/TOEFL)
- Education and employment documentation
- If Indian students are afraid of selection, they must apply within 60 days.
- Sponsorship or nomination when applying for a sponsorship visa
- 65 points must be achieved using the Australian points system. The higher the score, the higher the chance of selection
Frequently Asked Questions
Question 1: How much does an MBA cost in Australia?
Answer. The average fee for an MBA in Australia is around 15,00,000–20,00,000. To relax a little, you can apply for a scholarship.
B2. What is the cheapest MBA program in Australia?
Answer. There are many universities in Australia that offer relatively cheap MBA programs. The average tuition fee for such programs is around INR 8,00,000-12,00,000 per year.
Question 3: Which country is the cheapest to get an MBA?
Answer. Australia, Canada, New Zealand, Germany, South Africa and Finland are considered to be some of the cheapest countries to study for an MBA.
We have provided you with all the information about the MBA program in Australia for Indian students. It is natural to have doubts and questions about education opportunities abroad. If you have any further questions or doubts, you can consult the study abroad experts at Leverage Edu who will guide you through the entire process and help you get closer to your dream university!
