According to a recent report by mbanews.com.au, over 20,000 international students pursue MBA in Australia every year. Australia is a country of opportunity and educational excellence. Its state-of-the-art infrastructure, top degree and short philosophy courses, and a student-friendly environment make it a preferred study abroad destination. Apart from the Group 8 universities, the island nation is replete with some of the premier educational institutions that provide quality education across the domain. While there are many courses offered by these universities, it is MBA in Australia for Indian students that is the commonly chosen option. There are many more reasons for Indian students to do MBA from Australia, let us know about it in detail through this blog!
category | Details |
course name | MBA in Australia |
course level | postgraduate course |
Duration | 1-2 years |
Ability | Bachelor’s degree with required entrance examinations |
GMAT or GRE | Is necessary |
IELTS/TOEFL | Is necessary |
Average Annual Tuition Fee | INR 11-20 lakh |
job profiles | -Manager -Analyst – HR Manager -Finance Manager – Marketing Manager -CEO |
What is MBA?
MBA (Master of Business Administration) is a 2 year Masters degree course divided into 4 semesters of 6 months each. In this course, business skills, business management, marketing skills etc. are taught. In the first year of MBA, students are taught management subjects and in the second year, the special subjects chosen by you are taught. Students from any stream like Arts, Science, Commerce can take admission in MBA.
Why study MBA in Australia?
MBA in Australia for Indian students is now a popular concept given the Australian MBA course structure and international recognition of the universities. Here are some of the reasons that make it an ideal place to study MBA-
- There are many types of MBA courses that are accredited by international corporations like AACSB.
- The affordable price makes it an attractive option for students.
- The flexibility of Australian universities allows students to study as well as work in Australia for better exposure.
- You can choose from several specialization options.
- The cultural diversity among students in Australian universities makes it a desirable destination for Indian students to pursue MBA.
Types of MBA from Australia
For national students or international students, Australia offers MBA degree in the following formats-
- full time mba
- Executive MBA
- online mba
- Distance Education MBA
Deadline to do MBA in Australia
The deadlines for doing MBA from Australia are as follows:
Course | application deadline |
MBA Melbourne B-School | -30 November -30 January -31 March -31 May |
MBA AGSM | -1 August -1 September -1 October -1 November -1 December -1 February |
MBA Macquarie | -8 November -7 March -23 May -22 August |
WORLD MBA | 5th December |
MBA UQ Business School | 30 November |
ANU MBA | 22 December |
MBA Deakin | 20 January |
Popular MBA courses
There are many MBA options available for Indian students in Australian universities. Below is a table of some popular MBA programs:
MBA in Marketing | MBA in Finance | MBA in Digital Marketing |
MBA in Insurance & Risk Management | MBA Operations | MBA in Productions |
MBA Healthcare Management | MBA in International Business | MBA in Logistics and Supply Chain Management |
MBA in Banking | MBA in Interior Designing | MBA in Airport Management |
MBA in Information Technology | MBA in Aviation Management | MBA in Agribusiness |
MBA in Entrepreneurship | MBA in Power Management | MBA in Material Management |
MBA in Media Management | MBA in Data Analytics | MBA in Agriculture |
MBA in Energy Management | MBA in Communication | MBA in HR |
MBA in Logistics | MBA in Computer Science | MBA in Pharmaceutical Management |
With the help of AI Course Finder, you can choose the right university and course of your choice as per your profile.
Course Duration
Information about how much time it takes to do MBA from Australia is given below-
Universities | 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 |
intex in australia
Throughout the year there are mainly 3 phases when intake is done regarding MBA in Australia for Indian students. Intakes are given below-
- february
- july
- november
Top Universities
All MBA colleges in Australia for Indian students are similar in terms of facilities and academic structure, let us have a look at some of the top colleges for the same-
Universities | QS Global MBA Ranking 2022 | Average Annual Cost (AUD) |
Melbourne Business School | 1 | 89,500 (INR 49.22 Lakh) |
UNSW (AGSM) | 2 | 86,400 (INR 47.52 Lakh) |
Monash Business School | 3 | 44,000 (INR 24.20 Lakh) |
Macquarie Business School | 4 | 80,808 (INR 44.05 Lakh) |
UQ Business School | 5 | 40,000 (INR 22 lakh) |
University of Western Australia | 6 | 59,700 (INR 33 Lakh) |
Australian National University | 7 | ₹47,880 (INR 26.40 Lakh) |
UniSA Business School | 8 | 29,000 (INR 15.95 Lakh) |
UTS Business School | 10 | Rs 37,440 (INR 20.59 Lakh) |
RMIT University | =11 | 31,000 (INR 17.50 Lakh) |
cost of living in australia
The cost of living in Australia varies depending on the lifestyle of the students and the city, below are the common cost of living-
City | Accommodation Expenses (AUD) | Meal Cost (AUD) | Transportation cost (AUD) | Other expenses (AUD) |
melbourne | 1,378 (INR 75,295) | 1,102 (INR 60,236) | 98 (INR 5,378) | 787 (INR 43,026) |
sydney | 984 (INR 53,782) | 1,377 (INR 75,295) | 147 (INR 8,067) | 196 (INR 10,756) |
brisbane | 784 (INR 43,026) | 984 (INR 53,782) | 19 (INR 1,075) | 984 (INR 53,782) |
canberra | 984 (INR 53,782) | 657 (INR 35,926) | 137 (INR 7,529) | 492 (INR 26,891) |
adelaide | 1,476 (INR 80,673) | 590 (INR 32,269) | 137 (INR 7,529) | 590 (INR 32,269) |
geelong | 984 (INR 53,782) | 393 (INR 21,513) | 98 (INR 5,378) | 786 (INR 43,026) |
Hobart | 984 (INR 53,782) | 405 (INR 22,158) | 98 (INR 5,378) | 491 (INR 26,891) |
Cheapest MBA in Australia for International Students
MBA from Australia can also be done at low tuition fees. The average tuition fees for such programs is around AUD 14,545-21,818 (INR 8-12 lakh) for a year. Some of the universities offering cheapest MBA in Australia for international students are listed below-
- Kaplan Business School
- Holmes Institute
- Charles Darwin University
- Edith Cowan University
- Victoria University
- Central Queensland University
- Federation University
- University of Southern Queensland
- He will go
Ability
Australian universities offering MBA programs provide students from diverse backgrounds with the opportunity to learn. Below are the eligibility criteria for doing MBA from Australia-
- You must have a Bachelors degree in any field.
- Your final score in the Bachelor’s degree and your GMAT score are the most important factors in your admission process. However, this may vary. For example, in case of low grades in a Bachelor’s degree, this can be compensated for with a good GMAT score.
- Scores of English Language Test like IELTS , TOEFL , PTE etc. are mandatory.
- Your extracurriculars, your SOP, LOR, essays form the rest of the admission requirement.
- Minimum 2-3 years work experience. However, some universities also consider students with little or no experience. The accredited MBA program, which is AMBA for short, requires a minimum of 3 years of work experience.
Application Process
The application process to get admission in the universities there to do MBA from Australia is as follows:
- The first step in your application process is to choose the right course, for which you can take the help of AI Course Finder to shortlist your favorite courses.
- After contacting the experts, they will start your application process to multiple universities through a common dashboard platform.
- The next step is to collect and organize all your documents like SOP , Essay, Certificates and LOR and required test scores like IELTS , TOEFL , SAT , ACT etc.
- If you have not yet prepared for your IELTS , TOEFL , PTE , GMAT , GRE etc. exams, which is definitely an important factor in studying abroad, then you can join Leverage Live classes. These classes can prove to be an important factor in you getting a high score in your test.
- After submitting your application and all required documents, experts will start the application process for accommodation, student visa and scholarship/student loan.
- Now it’s time to wait for your offer letter which may take around 4-6 weeks or more. Once you receive your offer letter, accepting it and paying the required semester fee is the final step in your application process.
If you want to know the easy application process then you can get guidance on this from Leverage Edu experts by calling 1800572000.
Required Documents
Some important documents are listed below –
- official academic transcript
- Scanned passport copy
- IELTS or TOEFL , required test scores
- Professional/Academic LORs
- SOP
- Essay (if required)
- Portfolio (if required)
- Updated CV/Resume
- a passport and student visa
- bank details
Leverage Edu experts will help you in every possible way to get student visa also .
scholarships
Your journey to MBA in Australia for Indian students will become easier if you apply for the following MBA scholarships in Australia-
scholarships | Award (AUD) |
MBA Student Scholarship | 25% discount on tuition fees |
CEG Scholarship | 20% discount on tuition fees |
MBA (Global) Scholarship | 20% discount on tuition fees |
USQ Scholarship | 20% discount on tuition fees |
MBA Global International Student Scholarship | 2,500 (INR 1.37 lakh) |
Curtin International Scholarship | 25% discount on first year tuition fees |
MBA International Scholarship | 15,000 (INR 8.25 Lakh) |
India Global Leaders Scholarships (Business, Economics & Law) | 5,000–20,000 (INR 2.75-11 lakh) |
Some other scholarships
- ANU Research School of Management Master of Business Administration Scholarship 2021 by Australian National University
- SEMBA Class of 2003 Scholarship by University of Melbourne
- Dean’s Scholarship 2021 for Women and Management by University of Melbourne
- Monash MBA International Excellence in Leadership Scholarship in Australia by Monash Business School
- Curtin University MBA International Student Scholarship by Curtin University
MBA in Australia without IELTS
IELTS is a language aptitude test designed to measure a student’s level of English language ability. This enables students to interact with locals and fit in with the community. But there are other ways to assess it besides IELTS. Apart from IELTS, many Australian colleges also accept applicants through other means.
- Without IELTS, students must submit online applications to Australian colleges. There should be good education in colleges. To apply, students must submit an academic transcript , an SOP , a LOR must provide , a passport, proof of work experience, etc. Shortlisted applicants must participate in a video interview. Here, the interviewer will analyze how well you speak English.
- Additionally, over 3,000 institutions and colleges in Australia, New Zealand and the UK take the Pearson Test of English, commonly known as the PTE . PTE is used by the Australian Government for a variety of purposes.
MBA from Australia without GMAT
Students who do not have GMAT score can apply to the below mentioned universities without any 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, University of Western Sydney
- Sydney University Business School
- Australian Catholic University
- James Cook University , Townsville City
- Curtin University , Perth
Visa Documents for MBA from Australia
Here are the details related to student as well as work visa for Australia-
- student visa
- Once students have received admission to university in Australia, they can apply for a student visa. Here are the documents you may need-
- Educational and work experience documents
- Proof of English proficiency by submitting IELTS/TOEFL scores
- a valid passport
- visa application fee
- Your Genuine Temporary Entrant ( GTE ) details
- SOP
- passport size photo
- Proof of financial ability to pay for tuition fees, living expenses, expenses for dependents, return airfare, etc.
- Health Insurance Policy or OSHC
- Proof of Enrollment or Confirmation of Enrollment (SOE)
- work visa
- Proof of English Language Proficiency ( IELTS / TOEFL )
Top Recruiters
The names of the top recruiters who hire students after doing MBA from Australia are as follows:
Top Recruiters | Average annual salary (AUD) |
Commonwealth Bank of Australia | ₹84,000-1.65 lakh (INR 46.20-90.75) |
ANZ Banking Corporation | ₹45,000-2.25 lakh (INR 24.75-1.23 crore) |
Woolworths | 1.23-2.25 lakh (INR 67.35 lakh-1.23 crore) |
Telstra Corporation Ltd | 1.26-1.55 lakh (INR 69.53-85.25 lakh) |
Westpac Banking Corp | 66,000-1.35 lakh (INR 36.30-74.25 lakh) |
Allianz Global Investors | 1.20-1.32 lakh (INR 66-72.60 lakh) |
JP Morgan | 1.40-1.58 Lakh (INR 77-86.90 Lakh) |
Barclays | 1.25-1.32 lakh (INR 68.75-72.60 lakh) |
Fidelity Investments | 1.20-1.33 lakh (INR 66-73.15 lakh) |
HSBC Global Asset Management | 1-1.07 lakh (INR 55-58.85 lakh) |
Job Profiles and Salary
The job profiles and salaries available after doing MBA from Australia are given below-
- business analyst
- Recruitment Manager
- marketing manager
- Senior Product Manager
- Regional Sales Manager
- risk manager
- Employee Relations Manager
- Management Consultant
- Sales Consultant
- Business Development Manager
- project management
- General Manager
- operations manager