)MBA courses in Australia are known for their high standards, and completing them successfully can lead to significant career and financial benefits. If you are aspiring to pursue it, then being excellent in academics or having financial need will ease your journey, as several Australian universities offer various scholarships. This article will help you delve deeper about the varied MBA scholarships in Australia that are either merit or financial need-based.
Table of Contents
Why Pursue MBA in Australia
Choose an MBA program in Australia for professional growth. Discover the unique advantages of Australian MBA courses.
- Top Universities: Australia boasts renowned institutions like Melbourne Business School and University of Sydney Business School, offering exceptional MBA programs.
- Global Recognition: Australian MBA degrees hold global recognition, enabling graduates to apply for senior positions in leading companies worldwide.
- Varied Specializations: MBA in Australia offers a broad range of specializations that include management, finance, operations, banking, and many others.
- Soft Skills Development: Australian MBA courses focus on enhancing soft skills, including social intelligence, ethical leadership, collaboration, team-building, cross-cultural understanding, effective communication, and creative problem-solving.
MBA Scholarships in Australia
To help students financially, Australian universities offer several scholarships so that you can focus on your studies rather than worrying about your finances. Here is a brief overview of the MBA scholarships in Australia.
Scholarship |
University |
Benefits |
| Dean's International Management Scholarship | The University of Melbourne | Full tuition fee |
| Dean’s Scholarship for Women and Management | The University of Melbourne | Partial tuition fees (AUD$ 50,000) |
| AGSM Global Reach Scholarship | Australian Graduate School of Management (AGSM) at the University of New South Wales Business School (UNSW) | Four selection criteria for this scholarship are:
Depending on the above criteria, benefits are mentioned below: Full tuition fee waiver for candidates with outstanding achievement in all four selection criteria, 75% tuition fee waiver for excellence in any three selection criteria; 50% tuition fee waiver for excellence in any two selection criteria; 25% tuition fee waivers for excellence in any one of the selection criteria. |
| AGSM Women in Leadership Scholarship | Australian Graduate School of Management (AGSM) at the University of New South Wales Business School (UNSW) | Three selection criteria for this scholarship are:
Depending on the above criteria, benefits are mentioned below: 75% tuition fee waiver for excellence in any three selection criteria; 50% tuition fee waiver for excellence in any two selection criteria; 25% tuition fee waivers for excellence in any one of the selection criteria. |
| MBA Director's Scholarship | The University of Sydney Business School | AUD$ 10,000 to AUD$ 40,000 |
| Dean’s GEMBA Study Grant | Monash University | AUD$ 10,000 |
| Ashton Nixon Scholarship | Monash University | A maximum tuition fee reduction of AUD$ 60,000 over the respective course duration |
| Vice-Chancellor's International Scholarship | Macquarie Business School, Macquarie University | Up to AUD$ 10,000 fee reduction in the respective course |
| Macquarie University AUD$5,000 Regional Scholarship | Macquarie Business School, Macquarie University | AUD$ 5,000 fee reduction every year |
Eligibility Criteria for Scholarships to Study in Australia
Take a look at the table below to understand the eligibility criteria for each of the scholarships mentioned above that you must fulfill being an international candidate.
Scholarship |
Eligibility |
| Dean's International Management Scholarship |
|
| Dean’s Scholarship for Women and Management |
|
| AGSM Global Reach Scholarship |
|
| AGSM Women in Leadership Scholarship |
|
| MBA Director's Scholarship |
|
| Dean’s GEMBA Study Grant |
|
| Ashton Nixon Scholarship |
|
| Vice-Chancellor's International Scholarship |
|
| Macquarie University AUD$5,000 Regional Scholarship |
|
Top Universities in Australia for MBA
Here are the top 10 universities offering MBA courses in Australia.
University |
QS Global MBA Rankings 2024: Oceania |
| The University of Melbourne | 1 |
| UNSW (AGSM) | 2 |
| The University of Sydney Business School | 3 |
| The University of Queensland | 4 |
| Monash University | 5 |
| Macquarie University | 6 |
| The Australian National University | 7 |
| The University of Western Australia | 8 |
| University of Technology, Sydney | 9 |
| University of South Australia | 10 |
Career and Job Scope After MBA in Australia
Below is an overview of the possible job prospects, along with their average annual salary.
Job Scope |
Average Annual Base Salary |
| Project Manager | AUD$ 105,391 |
| Senior Financial Analyst | AUD$ 113,359 |
| Operations Manager | AUD$ 88,955 |
| Chief Financial Officer | AUD$ 163,874 |
| Human Resources Manager | AUD$ 97,055 |
Source: Payscale
Here are some detailed articles on Fully Funded Scholarships for top Study Abroad Destination:
FAQs
Can Indian students study with MBA scholarships in Australia?
Yes, Australian MBA universities offer several scholarships for international students. Check your preferred university and thoroughly understand the eligibility criteria to apply for the programs.
Is it possible to defer my scholarship offer?
Most universities or institutions do not give you the chance to defer your scholarship offer. However, you can reapply for the program in the following round. Check the respective scholarship details for a better understanding.
Can I continue my study with more than one scholarship fund?
Generally, you will be eligible for one scholarship at a time. However, some universities or courses can be an exception. You must contact or refer to the respective institution for a clearer view of the matter.
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