MBA in Australia

Based on the QS Global MBA Ranking 2023, the top five business schools in Australia rank under the global top 100. Also, Australian cities like Melbourne and Sydney rank at five and nine, respectively, in QS Best students cities 2023. This makes Australia a favored and world’s leading academic destination for higher education aspirants from around the world.

Pursuing MBA in Australia brings a transformative experience, opening doors to exciting career opportunities and providing a solid foundation for professional growth. With its renowned universities, vibrant business environment, and international appeal, Australia offers MBA courses with a comparatively reasonable study cost. The country has beautiful cities, a gorgeous coastline, natural attractions, top-class infrastructure, and a multicultural environment. 

Course Highlights

Duration 1 to 2 years
Average Tuition Fee AUD 60,000 to AUD 100,000
Course Type Full-time, Part-time, Accelerated
Exams Required GMAT/GRE and IELTS/TOEFL
Eligibility Criteria Undergraduate degree, GMAT/GRE scorecard, 
Average Salary Range Annually AUD 77,845 to AUD 120,907

Why Study MBA in Australia

Australian cities ranked the best student cities globally have drawn significant interest and become an education hub for overseas students. Following reasons support the student's choice to study MBA in Australia.

  • Quality Education: Australian business schools and universities have a strong reputation internationally and are globally recognized for their high-quality education. The MBA programs in Australia are designed to provide a strong foundation in business principles, critical thinking, and practical skills required for success in the corporate world.
  • Employability Scope: Obtaining an Australian MBA degree enhances your credentials and increases your chance of employment worldwide. It opens up career prospects for you in the field of Marketing, Sales, Management, Operations, Finance, Accounting, and many others. It lands you an annual average salary ranging from AUD 77,845 to AUD 120,907.
  • Cultural Diversity: Australia’s welcoming environment makes it a multicultural country with a diverse student population. Studying in such an environment offers global exposure to you, building varied perspectives toward cultures. 

Post-Study Work Opportunity: Upon completing your MBA, you become eligible for a post-study work visa in Australia. It allows you to apply your acquired knowledge, gain practical work experience in the country, build professional networks, and secure long-term employment opportunities in Australia.

Best MBA Universities in Australia

When it comes to an MBA in Australia for Indian students, there are many leading institutions worth considering. Here are the top MBA colleges in Australia, their QS Ranking, and other details. 

Name of Institution City 2023 QS Global MBA Rankings Course Duration
Melbourne Business School Melbourne 27 2 years
University of New South Wales (UNSW) Sydney 31 1 year/2 years
Macquarie Business School, Macquarie University Sydney 82 1.5 to 2 years
Monash Business School Melbourne 84 2 years
The University of Queensland Brisbane 87 1 year
The University of Western Australia Business School Perth 111-120 12 to 18 months
Australian National University Canberra 121 - 130  1.5 years
RMIT University School of Business and Law Melbourne 151 - 200

1.5 years (accelerated)

2 years (full-time)

Unisa Business School, University of South Australia Adelaide 151 - 200 1.5 years
Uts Business School, University of Technology Sydney Sydney 151 - 200

2 years (full-time)

4 years (part-time)

MBA Specializations in Top Universities in Australia

Most of the best MBA colleges in Australia offer specialization in General Management. There are several other Australian universities that offer the below-mentioned specializations:

Institution Specialization
Western Sydney University
  • Applied Finance
  • Operations Management
Australian National University
  • Management Core
  • Management Essential
University of Newcastle International Business
Deakin University
  • Finance
  • Accounting
  • Human Resource Management
  • Marketing
  • Project Management
  • Supply Chain Management

Tuition Fee in Top Universities for MBA in Australia 

 

Here is a guide to the average tuition fee for MBA in Australia:

Institution Tuition Fee
Melbourne Business School AUD 99,630
University of New South Wales (UNSW) AUD 81,720
Macquarie Business School, Macquarie University AUD 60,000+
Monash Business School AUD 100,000
The University of Queensland AUD 84,648
The University of Western Australia Business School AUD 67,350
Australian National University AUD 46,680 annually 
RMIT University School of Business and Law

AUD 72,000 (for 1.5 years accelerated MBA)

 

AUD 96,000 (for 2 years full-time MBA)

Unisa Business School, University of South Australia AUD 37,800 annually
Uts Business School, University of Technology Sydney AUD 22,895 annually 

Intakes for MBA in Australia

The following table represents the intakes and admission deadlines in top Australian universities to pursue MBA.

Institution Intake (Commencement Date) Application Deadline
Melbourne Business School September, 2023 May 31, 2023
University of New South Wales (UNSW) May, 2023 March 1, 2023
Macquarie Business School, Macquarie University
  • January, 2023
  • April, 2023
  • June, 2023
  • September, 2023
  • December 5, 2022
  • March 13, 2023
  • May 29, 2023
  • August 21, 2023
Monash Business School February, 2023 -
The University of Queensland
  • January, 2023
  • July, 2023
-
The University of Western Australia Business School January, 2024 -
Australian National University Undergoing renewal exercise Undergoing renewal exercise
RMIT University School of Business and Law
  • September, 2023
  • October, 2023
  • July 24, 2023
  • October 18, 2023
Unisa Business School, University of South Australia
  • January
  • March
  • June
  • September
No application deadline
Uts Business School, University of Technology Sydney February/March December

Course Curriculum of MBA in Australia

MBA in Australia has designed its modules with core and elective subject categories. The categories include subjects and concentrations to help you build a solid foundation and understanding of general management concepts and organizational functions. The MBA subjects and concentrations vary depending on your chosen MBA specialization and Australian universities. However, below is a demonstration of a typical MBA course curriculum with core and elective subjects:

Core

  1. Leadership
  2. Managing People
  3. Managerial Economics
  4. Managerial Ethics and Business Environment 
  5. Data Analysis
  6. Finance
  7. Financial Accounting
  8. Marketing
  9. Innovation Bootcamp
  10. Business Strategy
  11. Business in Complex Environments
  12. Operations
  13. Entrepreneurship

Elective

  1. Brand Management
  2. Business Law
  3. Business Analytics
  4. Consumer Behaviour
  5. Corporate Finance
  6. Corporate Strategy
  7. Mergers and Acquisitions
  8. Innovation
  9. Marketing Research
  10. Marketing Strategy
  11. Supply Chain Management

Eligibility Criteria for MBA in Australia

The eligibility criteria for MBA in Australia depend on the type (full-time, part-time, online) of the MBA program you have chosen. You should always check the specific eligibility criteria for MBA programs at the institutions where you are applying. Here are  the eligibility criteria that you must meet for studying MBA in top Australian universities.

Institution Minimum Education Qualification Minimum GMAT Score English Proficiency  Minimum Work Experience
Melbourne Business School An undergraduate degree 695 in GMAT Either 7.0 in IELTS, or 102 in TOEFL iBT, or 65 in PTE 2 years
University of New South Wales (UNSW) An undergraduate or equivalent degree 650 in GMAT Either 7.0 in IELTS, or 94 IN TOEFL, or 65 in PTE, or 185 in CAE/CPE  2 years
Macquarie Business School, Macquarie University A Bachelor’s or equivalent degree with 7 AQF level 680 in GMAT 7 in IELTS

3 years (for 2 years MBA) and 5 years (for 1.5 years MBA)

 

Monash Business School A Bachelor’s or equivalent degree  Not required 6.5 in IELT, or 550 in TOEFL PB, or 79 in TOEFL iBT, or 58 in PTE, or 176 in CAE/CPE 3 years
The University of Queensland A Bachelor’s or equivalent degree with 4.5 GPA 550 in GMAT 6.5 in IELT, or 87 in TOEFL iBT, or 570 in TOEFL PB or 64 in PTE 4 years
The University of Western Australia Business School A Bachelor’s or equivalent degree with 60% - 7 in IELTS 3 years
Australian National University A Bachelor’s or equivalent degree with 5.0 GPA 600 in GMAT 6.5 in IELTS, or 80 in TOEFL, or  176 in CAE, or 64 in PTE,  5 years
RMIT University School of Business and Law A Bachelor’s or equivalent degree with 1.0 GPA 550 in GMAT 6.5 in IELTS, or 79 in TOEFL, or 58 in PTE, or 176 in CAE Not required
Unisa Business School, University of South Australia A Bachelor’s or equivalent degree  600 in GMAT 6.5 in IELTS 3 years
Uts Business School, University of Technology Sydney A Bachelor’s or equivalent degree  - 7.0 in IELTS, or 94 in TOEFL, or 65 in PTE, or 185 in CAE/CPE Not required

Document Requirements for MBA in Australia

Here are some of the documents that you require for Australian MBA programs:

  • Academic transcripts and records
  • Passport-size photographs
  • Letters of Recommendation (LORs)
  • Statement of Purpose (SOP)
  • Updated Resume/CV
  • IELTS/TOEFL Scorecard
  • GMAT Score Records
  • MBA Essays
  • Application Form
  • Student Visa
  • Loan Documents, if required

Many Australian business schools need one or more personal statements. The SOP (Statement of Purpose) or personal statement should talk about the candidate’s life goals while highlighting his/her reasons for applying to the institution. LORs or letters of recommendation are also needed by universities and are endorsements of candidates by third persons. You should arrange for at least three LORs, including the manager at your previous organization, the professor, and any other supervisor. Some universities may ask for the CVs of candidates with their applications. Resumes should have basic details, including academic and related qualifications, date of birth, personal details, and accomplishments. Your CV should also highlight your work experience with valid proof.

Admission Process for MBA in Australia

Australian universities admit international students based on their undergraduate degrees, results, work experience, GMAT scores, IELTS/TOEFL scores, and interviews. You can visit the websites of your chosen universities and apply. You can also apply via global educational platforms that will guide you throughout the process. You should carefully check the application deadlines at each university. Apply well before the last date so that you have time to get the student visa.

You will have to arrange for score reports (IELTS, GMAT, TOEFL, and GRE, whichever is applicable) and your academic transcripts for all qualifications listed in your application. Get work experience certificates and photocopies of your passport and identity cards. You can also submit certificates highlighting your extra-curricular achievements. You may be called for a separate interview if your application is shortlisted. Once this is done successfully, you can expect to receive your confirmation letter soon.

Cost of Living in Australia

When planning to study abroad at an Australian university, your budget and quality of life become significant factors. The cost of living in Australia varies on your choice of location in Australia. Cities like Sydney and Canberra tend to have higher costs of living when compared to Melbourne, Perth, Adelaide, and Brisbane. 

Category Cost per month (Approx.)*
Accommodation AUD 972 (for a shared house)
Transport (Public vehicle) AUD 96
Food AUD 280
Personal (gym, haircut, mobile plans) AUD 64
Entertainment (outings, sports) AUD 224
Total AUD 1,636

Scholarships for MBA in Australia

While pursuing your MBA program in Australia, you can avail of various scholarships for international students in top Australian universities. 

Scholarship University Eligibility Amount
Business and Economics Graduate Scholarship Melbourne Business School International or domestic student with a strong academic record 25% of the tuition fee
Vice-Chancellor's International Scholarship Macquarie Business School International student with 65 WAM in a postgraduate program Upto AUD 10,000
MBA Student Scholarship – International The University of Queensland International student with an excellent academic record 25% of the tuition fee
UWA MBA (Intensive) International Prestige Scholarship The University of Western Australia Business School International student meeting the GMAT score requirement 100% of the tuition fee
MBA Scholarship for Outstanding Students UTS Business School, University of Technology Sydney International or domestic student with more than 75% academic scores in MBA AUD 5,000 toward the tuition fee

Job Scopes After Studying MBA in Australia

The following job roles are the career prospects that you can expect to get after completing an MBA program in Australia.

Job Profile Average Annual Salary*
Marketing Manager AUD 82,103
Senior Business Analyst AUD 120,907
Business Development Manager AUD 80,681
Sales Manager AUD 77,845
Finance Manager AUD 100,655
Operations Manager AUD 86,464
General Manager AUD 120,063

*Source: Payscale

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124 results found

Master of Business Administration (Leadership)

James Cook University Brisbane, Australia

  • DURATION
    1 Year 6 Months
  • FEES
    INR 17.46L/yr
  • EXAMS
    -
  • INTAKE SESSION
    SEP 2024

Master of Business Administration Future Business

Flinders University, Australia

  • DURATION
    1 Year
  • FEES
    INR 31.33L/yr
  • EXAMS
    IELTS-6.0
  • INTAKE SESSION
    OCT 2024

Master of Accounting/Master of Business Administration

Bond University, Australia

  • DURATION
    -
  • FEES
    INR 56.16L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    SEP 2024

Master of Business Administration/Master of Applied Finance

Western Sydney University, Australia

  • DURATION
    2 Years 6 Months
  • FEES
    INR 21.35L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    JAN 2025

Master of Business Administration

University of Canberra, Australia

  • DURATION
    1 Year 6 Months
  • FEES
    INR 22.52L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    FEB 2025

Master of Business Administration

Murdoch University, Australia

  • DURATION
    1 Year
  • FEES
    INR 30.47L/yr
  • EXAMS
    IELTS-6.0
  • INTAKE SESSION
    JAN 2025

Master of Business Administration

Edith Cowan University, Australia

  • DURATION
    2 Years
  • FEES
    INR 35.75L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    FEB 2025

Master of Business Administration

CQUniversity Australia, Australia

  • DURATION
    1 Year 6 Months
  • FEES
    INR 27.87L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    MAR 2025

Master of Business Administration Sustainable Enterprise

Charles Darwin University (CDU), Australia

  • DURATION
    1 Year 6 Months
  • FEES
    INR 27.37L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    AUG 2024

Master of Business Administration (Professional)

Victoria University, Australia

  • DURATION
    -
  • FEES
    INR 37.20L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    NOV 2024

Master of Engineering Management, Master of Business Administration (Gold Coast)

Southern Cross University, Australia

  • DURATION
    2 Years
  • FEES
    INR 33.86L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    OCT 2024

Master of Business Administration

Australian Catholic University ACU , Australia

  • DURATION
    2 Years
  • FEES
    INR 17.37L/yr
  • EXAMS
    -
  • INTAKE SESSION
    FEB 2025

Master of Business Administration (International)

University of New England, Australia

  • DURATION
    1 Year
  • FEES
    INR 17.05L/yr
  • EXAMS
    -
  • INTAKE SESSION
    OCT 2024

Master of Business Administration

University of the Sunshine Coast, Australia

  • DURATION
    1 Year 6 Months
  • FEES
    INR 23.22L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    AUG 2024

Master of Business Administration (Health Services Management)

Federation University Australia, Australia

  • DURATION
    2 Years
  • FEES
    INR 32.08L/yr
  • EXAMS
    IELTS-6.0
  • INTAKE SESSION
    NOV 2024

Master of Business Administration Sports Management (Advanced)

Torrens University Australia, Australia

  • DURATION
    2 Years
  • FEES
    INR 41.27L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    SEP 2024

Master of Business Administration (Health Services Management)

Kaplan Business School Australia, Australia

  • DURATION
    2 Years
  • FEES
    INR 26.66L/yr
  • EXAMS
    IELTS-6.0
  • INTAKE SESSION
    SEP 2024

Master of Business Administration (Health Service Management)

ATMC - Federation University, Australia

  • DURATION
    2 Years
  • FEES
    INR 32.08L/yr
  • EXAMS
    IELTS-6.0
  • INTAKE SESSION
    NOV 2024

Master of Business Administration

Excelsia College, Australia

  • DURATION
    2 Years
  • FEES
    INR 16.71L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    FEB 2025

Master of Business Administration (Business Analytics)

Australian National Institute of Management and Commerce (IMC), Australia

  • DURATION
    2 Years
  • FEES
    INR 25.62L/yr
  • EXAMS
    IELTS-6.5
  • INTAKE SESSION
    AUG 2024

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