MBA in Australia for Indian Students

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

• Picture
  University Name
  Courses
  University Details
   

• 

  Melbourne Business School
  Full time MBA
  Part- time MBA
  Executive MBA
  Senior Executive MBA
  MBA Online
  Full time/ Part time
  Online/ On campus
  Duration: 18 months- 3 years
  Fees: A$ 112,500- A$125,100
  Intakes: Apr, Sep
  Acceptance rate: 40%
  QS Ranking: 32
  Get Details

• 

  UNSW (AGSM)
  MBA (General)
  MBA (Executive)
  Full time/ Part time
  Online/ Offline
  Duration- 2- 4 years
  Fees: $68,500- $90,500
  Intakes: May
  QS Ranking: 33
  Get Details

• 

  University of Sydney Business School
  MBA (Leaderships and Enterprise)
  Executive MBA
  Full time
  Online/ Offline
  Duration- 1.5- 3 years
  Fees: A$57,200 (Full time MBA)/ A$32,500 (Executive MBA)
  Intakes: Aug
  QS Ranking: 45
  Get Details

• 

  UQ Business School
  Master of Business Administration (MBA)
  Full time/ Part time
  Online/ Offline
  Duration: 1.5 years
  Intakes: Feb, Jul
  Fees: A$63,984
  QS Ranking: 81
  Get Details

• 

  Macquarie Business School, Macquarie University
  Master of Business Administration
  Full time/ Part time
  Online/ Offline
  Duration- 1.5- 2 years (ot part time equivalent)
  Intakes: Jan, Apr, Jun, Sep
  Fees: A$46,500
  QS Ranking: 101- 110
  Get Details

• 

  University of Western Australia Business School
  MBA
  MBA (Flexible)
  Full time/ Part time
  Online/ On campus
  Duration: 12- 18 months
  Intakes: Jan/Mar/Jun/Sep
  Fees: Around A$50,200
  QS Ranking: 121- 130
  Get Details

• 

  RMIT University School of Business and Law
  MBA
  Master of Business (Business & Law)
  Full time/ Accelerated/ Part time
  Online/ On campus
  Duration: 2 yrs F.T./ 1.5 yrs accelerated/ 2.7 yrs P.T.
  Intakes: Feb/ Jul (Offline), Rolling (Online)
  Fees: A$38,400- A$48,960
  QS Ranking: 151- 200
  Get Details

• 

  UniSA Business School
  Master of Business Administration
  International Master of Business Administration
  MBA (Finance)
  Full time
  On campus/ Online
  Duration: 1.5- 2 years
  Intakes: Jan/ Feb/ Mar/Jun/ Jul/ Sep
  Fees: A$42,000- A$43,800
  QS Ranking: 151- 200
  Get Details

• 

  University of Technology Sydney Business School
  MBA
  Executive MBA
  MBA Online
  MBA in Entrepreneurship
  Full time/ Part time
  Online/ On campus
  Duration: 1- 2 yrs (FT)/ 4 yrs(PT)
  Intakes: Feb/ Mar/ Jul
  Fees: A$62,865- A$95,864 full
  QS Ranking: 151- 200
  Get Details

• 

  Wollongong (Sydney)
  Master of Business Administration
  Full time/ Part time
  On campus
  Duration: 1.5 years (or part time equivalent)
  Intakes: Mar/ Jul/ Nov
  Fees: A$67,608
  QS Ranking: 151- 200
  Get Details

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.

Get 40 Free GMAT Resources to kickstart your preparation.

How much does an MBA cost in Australia?

The cost of an MBA in Australia varies depending on the university, location, and program duration. Here’s an estimated breakdown:

• Tuition Fees
  • Top universities (e.g., Melbourne, Sydney, UNSW, Monash): AUD 80,000 – AUD 120,000
  • Mid-range universities (e.g., UQ, RMIT, UTS, Macquarie): AUD 50,000 – AUD 80,000
  • Affordable options (e.g., Torrens, Kaplan, CQU): AUD 35,000 – AUD 50,000
• Living Costs (Based on a 2-year program in a major city)
  • Accommodation: AUD 15,000 – AUD 25,000 per year
  • Food & Groceries: AUD 5,000 – AUD 7,500 per year
  • Transport & Miscellaneous: AUD 3,000 – AUD 6,000 per year
• Estimated Total Cost (for a 2-year MBA)
  • At top universities: AUD 120,000 – AUD 160,000
  • At mid-range universities: AUD 80,000 – AUD 120,000
  • At affordable universities: AUD 60,000 – AUD 90,000

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

ROI of an MBA in Australia – Is It Worth the Investment?

An MBA in Australia can be a worthwhile investment, but its ROI depends on the university, industry, and career trajectory. With tuition costs ranging from AUD 35,000 to 100,000, graduates entering high-paying fields like finance (AUD 140,000–200,000) and consulting (AUD 120,000–160,000) can recover their investment within 2.5 to 4 years. Mid-tier roles in marketing and operations (AUD 90,000–140,000) may take 4 to 6 years for a full return. Additionally, Australia’s post-study work visa (485) offers 3–4 years of work rights, and many MBA jobs align with the skilled migration list, making PR a viable option. For those targeting top universities and high-growth industries, the long-term benefits of career progression and migration opportunities make an MBA in Australia a strong financial and professional investment.

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