Are you considering pursuing an MBA in Australia? Australia is one of the most preferred destinations for Indian students seeking higher education. According to India’s Ministry of External Affairs, Australia is the fourth most popular study destination for Indian students with approximately 1.22 lakh Indian students studying there out of which more than 20,000 students are pursuing an MBA as of 2024.
If you are looking for affordable, high-quality MBA programs with a short duration, a long post-study work visa, and a clear, easier pathway to permanent residency, Australia is the ideal destination. In this guide, we provide a comprehensive overview of studying MBA in Australia, covering the top MBA colleges in Australia, eligibility criteria for Indian students, fees, and scholarships.
Why Study MBA in Australia?
- According to Study Australia, a part of the Australian government, pursuing an MBA in Australia offers several benefits, including high salaries, excellent networking options, and gaining hands-on experience through real-world business projects.
- According to Seek, business managers are in high demand, with job growth expected to grow 9.2% over the next five years. This means that companies across industries in Australia are actively seeking business managers, providing Indian students with an MBA degree a greater chance of securing these job opportunities.
Read more to find out Which MBA Specialization is best for International Students.
Top MBA Colleges in Australia with Fees Structure
Below are some of the best MBA colleges in Australia:
-
PictureUniversity NameCoursesUniversity Details
-
The University of MelbourneFull-time MBA
Full-time Master of Business AnalyticsFull-time
On Campus
Duration: 2 years & 1 year
Intakes: Sep & Jan
Tuition fees: ₹61,46,280 & ₹40,64,739
QS Ranking: 13
Application fee: Around Rs 8000 -
The University of SydneyFull-time MBAFull- time
On Campus
Duration: Over 18 months
Intakes: Aug
Tuition fees: ₹31,25,041 per year
QS Ranking: 18
Application Fee: Around Rs 8000 -
The University of New South Wales (Sydney)AGSM Master of Business Administration
Master of Business Administration (Law)Full-time(MBA)/ Part-time(MBA Law)
On-Campus
Duration: 1 year & 2.7- 5 years
Intakes: May (MBA) Feb/Jun/Sep (MBA Law)
Tuition fees: ₹47,53,123 pa (MBA) & ₹24,58,512 full-year fee (MBA Law)
QS Ranking: 19
Application Fee: Around ₹8000 -
Australian National UniversityMaster of Business AdministrationFull-time
In Person
Duration: 1.5 years
Intakes: Feb
Tuition fees: ₹29,33,824
QS Ranking: 30
Application Fee: Around ₹6,000 -
Monash UniversityGlobal Executive MBA
Global Executive MBA and Master of Business (Double Degree)Full-time/ Part- time
On Campus
Duration: 18 months and 2 years
Intakes: Feb
Tuition fees: ₹42,01,323 for both programs
QS Ranking: 37
Application Fee: Around ₹ 6,800 -
The University of QueenslandMaster of Business AdministrationFull-time/ Part- time
On Campus/ Online
Duration: 1.5 years
Intakes: Feb
Tuition fees: ₹34,95,676
QS Ranking: 40
Application Fee: ₹8,195 -
The University of Western AustraliaMaster of Business AdministrationFull-time/ Part- Time
On Campus
Duration: 12- 18 months
Intakes: January
Tuition fees: ₹ 33,21,722
QS Ranking: 77
Application Fee: ₹ 8,195 -
The University of AdelaideMBA
MBA (International)Full-time/Part-time
On Campus
Duration: 12 months & 2 years
Intakes: Jan, May, Sep
Tuition fees: ₹ 27,26,216 for both programs
QS Ranking: 82
Application Fee: ₹ 8,195 -
University of Technology SydneyMaster of Business AdministrationFull-time/ Part- time
On Campus
Duration: 2 years (full-time) & 4 years (part-time)
Intakes: Around Feb and July
Tuition fees:₹13,65,566
QS Ranking: 88
Application Fee: ₹ 5,463 -
RMIT UniversityMaster of Business AdministrationFull-time
On Campus
Duration: 1.5- 2 years
Intakes: Feb and July
Tuition fees: ₹ 26,74,861
QS Ranking: 123
Application Fee: ₹ 5,463
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Eligibility Criteria For MBA in Australia
Below are the minimum eligibility criteria for studying MBA in Australia for Indian students:
- A four-year Bachelor’s degree from a recognized university with a minimum GPA of 2.5 on a 4.0 scale, which is around 50% to 60% according to the Indian grading system. Please check individual universities for specific requirements.
- A minimum of one year of experience or more is required for some MBA colleges. However, certain colleges may ask for experience of up to 10 years or more, while others may ask for no experience at all.
- GMAT– 700 or higher.
- GRE– 310 or higher.
- TOEFL– 80 or higher.
- IELTS– 6.5 or higher.
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Documents Required for Admission Process
- Official Bachelor’s degree certificate and transcripts.
- Standardized Test Scores
- Statement of Purpose
- Letters of Recommendation
- Work experience letter (if any)
- Proof of funds to cover tuition fees and living expenses
- A copy of a valid passport
How to Apply for MBA In Australia?
To apply for an MBA university in Australia, you need to:
- Research and choose universities based on your career goals, eligibility, and budget.
- Go to the university’s website and visit the online application portal.
- Create an account.
- Fill out the information, including personal details, education history, and work history (if any), and choose the MBA course.
- Upload the necessary documents.
- Pay the application fee and submit it.
- Attend interviews (if required). Some universities may conduct an online interview to assess if the candidate is fit for the course and the university.
- If confirmed, you will receive the offer letter via mail.
Scholarships
Do you want to pursue an MBA in Australia with a scholarship? If so, below are some universities offering scholarships for MBA:
Clemenger BBDO Scholarship
- Offered by: The University of Melbourne
- Description: The Clemenger BBDO Scholarship generally is awarded to a Master of Marketing candidate. However, full-time or part-time MBA students are also eligible.
- Benefit: The scholarship covers partial tuition fees
- Application Deadline: March 2025
AGSM Global Reach Scholarship
- Offered by: The University of New South Wales, Sydney
- Description: The AGSM Global Reach Scholarship is awarded to international students from diverse backgrounds to pursue a full-time MBA at the university. It is given to those who have received an offer of admission to study at the university and who have excellent academic achievements.
- Benefit: The scholarship covers anywhere from a two-quarter tuition fee to a full tuition fee waiver, depending on the candidate’s achievements.
- Application Deadline: No deadline has been provided
Dean’s Study Grant
- Offered by: Monash University
- Description: The Dean’s Study Grant is awarded to international students enrolling or accepted into the GEMBA or GEMBA and Master of Business programs.
- Benefit: $10,000 is provided as a one-time fee reduction
- Application Deadline: No deadline has been provided
Find out more Scholarships in Australia.
Job Roles and Expected Salaries
Job Role | Expected Salary |
CEO | AUD 441,338 per year |
Finance Manager | AUD 125,000 to 150,000 per year |
Marketing Manager | Around AUD 110,000 per year |
Management Consultant | AUD 95,000 to 100,000 per year |
Operations Manager | Around AUD 123,500 per year |
Conclusion
Pursuing an MBA in Australia for Indian students would be a rewarding experience, thanks to world-class universities, high-quality education, abundant job opportunities, competitive salaries, and a long post-study work visa. So, why wait? Go through this guide thoroughly and take the first step toward your dream of pursuing an MBA in Australia.
FAQs
The living expenses in Australia can range from AUD 1,000 to AUD 2,500 per month.
Yes, some Australian universities accept students into their MBA programs without prior work experience.
Yes, you can work up to 48 hours per fortnight during study periods.