MBA in Australia for Indian Students for 2025 Intake
Australia has prestigious and high-quality MBA colleges. MBA is a business administration course that helps you develop skills in business analytics, management skills, data analytics, networking, entrepreneurship, and finance. In fact, Indian students are the second-largest group of international students in Australia, with 100,009 Indian students enrolled in various universities in 2022, a number that jumped to 122,000 by September 2023 (source).
Study MBA in Australia will give you world-class business skills. After studying in Australia, you can compete for the best business jobs and positions in the international market. This blog is a comprehensive guide on exploring colleges, fees, documentation, jobs and salaries for a better overview.
Highlights
| Eligibility for MBA Colleges | Bachelors, work experience, language proficiency tests like IELTS or TOEFL, GMAT, GRE, Pearson Test |
| MBA course duration | 1 to 2.5 years |
| Average Tuition Fee | $60,000 per year |
| Career Prospects | Project Manager, HR manager, Finance Advisor, Business Analytics |
| Specialisations | Finance, Business Analytics, Strategy, Executive, General MBA |
| Average Salary | $90,000 |
| Scholarships / Internships | Offered by University |
| Living Cost | $5000 |
Why Study MBA in Australia?
- MBA in Australia is one of the most popular study destinations for international students. Students prefer Australia for its welcoming multicultural environment and multiple work opportunities. Students can work up to 20 hours a week while studying.
- Australia has advanced teaching methods, a world-class curriculum, technology and a variety of courses.
- MBA in Australia is one of the top business programs in the world and a reputed, sought after degree.
- Australian business schools have a prospect of global networking and hands-on experience.
- Australia has prestigious business schools recognised by Accrediting bodies and other organizations.
Types of MBA programs in Australia
There is a diverse range of program types for student needs.
- Full-Time MBA: This is a two-year course for students looking to study full-time.
- Part-Time MBA: Students work full-time and study MBA in college. Thus the program takes upto 3 years.
- Executive MBA: Students can work full-time and study as a professional. It takes one to two years.
- Online MBA: It is a flexible course that can be done online from any location. It can take 1 to 3 years, which is variable.
Top MBA Universities in Australia 2024
You should choose Australian universities if you are considering pursuing MBA because they offer hands-on learning, better employment opportunities and multicultural skills.
As per QS Global MBA Rankings 2024, Australian universities are among top 100 for international MBA globally.
| QS MBA Rank in Australia | University | Overall Score | QS Global Ranking |
| 1 | Melbourne Business School | 77.3 | 30 |
| 2 | UNSW (AGSM) | 76.8 | 31 |
| 3 | University of Sydney Business School | 67.5 | 50 |
| 4 | UQ Business School | 60.4 | 75 |
| 5 | Monash Business School | 58.1 | 84 |
| 6 | Macquarie Business School | 53.8 | 101-110 |
| 7 | Australian National University | 50.9 | 111-120 |
| 8 | University of Western Australia Business School |
48.6 | 131-140 |
| 9 | RMIT University School of Business and Law |
40.9 | 151-200 |
| 10 | UnisSA Business School | 41.8 | 151-200 |
Melbourne Business School
It is the business graduate school of University of Melbourne, Victoria. The students are impressed with the diversity and reputation of the professional courses. The Melbourne Business School was awarded the National Management School by the Government.
| Address | 200 Leicester Street, Carlton, Victoria 3053, Australia |
| Year Founded | 1955 |
| Tuition Fees (annual) | AUD $112,500 |
| Duration of MBA course | 2 years |
| Programs offered | Executive, Senior Executive, Business Analytics, Marketing |
| Phone number and Email | +61 393498400
receptionist@mbs.edu |
| Official Site | https://mbs.edu |
| Exams required | GMAT, GRE, IELTS |
The UNSW Business School
The UNSW Business School in Sydney was established in 2006. The parent institution is The University of New South Wales, with more than 350 education staff.
| Address | High St Kensington NSW 2025, Australia |
| Year Founded | 2006 |
| Tuition Fees (annual) | AUD $80,000 |
| Duration of MBA course | 1.7 years |
| Programs offered | Executive, Social Impact, Policy Leadership,Technology, Finance, Cyber Security Leadership |
| Phone number | +61 293851000 |
| Official Site | https://www.unsw.edu.au/business |
| Exams required | GMAT, GRE, IELTS |
University of Sydney Business School:
The University of Sydney Business School was founded in 2011 in Sydney, New South Wales, Australia. It is the only business institution in Australia to have membership with CEMS and accreditation from European bodies.
| Address | Abercrombie building-
H70, Corner Abercrombie Street, Codrington Street, Darlington NSW 2006, Australia |
| Year Founded | 2011 |
| Tuition Fees (annual) | AUD $57, 200 |
| Duration of MBA course | 2.5 years |
| Programs offered | Executive, Leadership |
| Phone number | +61286271444 |
| Official Site | https://www.sydney.edu.au/ |
| Exams required | GMAT, GRE, IELTS |
UQ Business School:
The UQ Business School was founded in 2002 in Brisbane by the University of Queensland. A GPA of more than 4, GMAT of more than 550 and IELTS score of minimum of 6.5 makes you eligible.
| Address | Colin Clark, 39 Blair Dr, St Lucia QLD 4067, Australia |
| Year Founded | 2002 |
| Tuition Fees (annual) | AUD $84, 600 |
| Duration of MBA course | 1 year |
| Programs offered | Human Resources, Leadership |
| Phone number and Email | +61 733468100
info@business.uq.edu.au |
| Official Site | https://business.uq.edu.au/ |
| Exams required | GMAT, PTE, GRE, IELTS |
Monash Australia:
Monash Business School in Caulfield East, Australia is empowering future leaders. It offers employability programs and student clubs.
| Address | 900 Dandenong Rd, Caulfield East Victoria 3145, Australia |
| Year Founded | 2002 |
| Tuition Fees (annual) | AUD $53,000 |
| Duration of MBA course | 2 years |
| Programs offered | Global Executive |
| Phone number and Email | +61 3 9903 4788 |
| Official Site | https://www.monash.edu/study/courses/find-a-course/global-business-b6040 |
| Exams required | GMAT, PTE, GRE, IELTS |
Eligibility Criteria for MBA in Australia for Indian Students
- Bachelor’s degree of three to four years, scoring at least 60 percent
- Official Academic Transcript
- The Graduate Management Admission Test (GMAT exam) or GRE score above 650
- Language proficiency tests like IELTS and TOEFL. Your IELTS score must be 6.5 and TOEFL must be 80 and above.
- 2 years of work experience
- CV/ Resume with work experience
- Names and contact of two referees
- SOP- Statement of Purpose
- LOR- Letter of Recommendation
- Evidence of citizenship and identity
MBA in Australia: Fees and Cost
The fees for MBA in Australia goes from 50,000 AUD to 81,000 AUD which is 36,60,950 to 59,60,026 Indian rupees.
Living Expenses
The cost of living in Australia can vary significantly depending on the city, lifestyle, and personal choices. However, a single person’s estimated monthly costs are 1,651.4 AUD/93,450 INR without rent (source).
| Expenses | Cost |
| Accommodation | AUD 300 to 1200 |
| Transportation | AUD 50 to 100 |
| Bills | AUD 20 to 30 |
| Shopping | AUD 200 to 300 |
| Food | AUD 250 to 500 |
| Miscellaneous | AUD 20 to 30 |
Cheapest Australian MBA Schools for International Students
| College | Fees | Course Details |
| Kaplan Business School | Annual Fees is $25,000 or 13,47,192 rupees | The MBA programs are Project management, Entrepreneurship, digital management, health services management |
| Holmes Institute | The yearly fee is AUD 17,375 or 8,43,320 Indian rupees | Holmes Institute: Holmes Institute offers Master of Business Administration, Project Management and Accounting degrees. |
| Victoria University | The annual course fee is AUD 20,940 or 11,48,560 rupees | Victoria University offers specializations in information technology and business management. |
| University of Southern Queensland | The annual fee is AUD 47,040 or 25,47,640 Indian rupees for MBA in Australia | University of Southern Queensland is a diverse and reputed university for graduate and post graduate programs. |
Study MBA in Australia is definitely a fulfilling career option and you will need a lot of prior planning and information for acceptance in top universities in Australia for MBA.
Explore more: Cost Of Studying In Australia
MBA Scholarships in Australia
The excellent scholarship programs by best MBA colleges in Australia for an affordable MBA in Australia and supporting your MBA fees in Australia are:
| Scholarship | Value in AUD | Eligibility |
| The Kraft Heinz Scholarship | 12000 | GPA 3.0, Leadership |
| Monash MBA International Women in Leadership Scholarship | 10000
Full Tuition Fee OSHC Living Cost |
95 GPA, volunteer in native or foreign country, participation in tournament or event for an institution |
| Melbourne Business School Scholarships | variable | GMAT/GRE |
| The MBS Foundation Indigenous Leadership Scholarship | 2x Full Tuition Fee | Contribution to Indigenous community |
| AGSM Global Reach Scholarship | variable | Merit, Academic scores, GMAT, Leadership, Career performance, global citizenship |
Popular MBA Specializations in Australia
These are popular and in demand courses for MBA in Australia.
| Business Analytics | Finance |
| Marketing | Healthcare Management |
| Human Resources | Entrepreneurship |
MBA Jobs and Earnings in Australia
Australia offers a diverse range of career opportunities for MBA applicants. The average annual salary for MBA students in Australia is AUD 105,000. A temporary Graduate Subclass 485 Visa lets you stay in Australia for 18 months.
Here are some popular career paths with their average salary in Australia:
| Position | Salary | Job Description |
| Marketing Manager | $120,000 | A Marketing Manager sells products and services in a company. You will be marketing for the company to boost sales. |
| Project Manager | $105,000 | A Project Manager looks after the people involved in projects and studies the project work progress. |
| Investment Bankers: | $175,000 | Investment Bankers are professionals who manage and create company funds. For MBA professionals, this is the highest paid career. |
| Business Analyst | $115,000 | A Business Analyst is the one who studies data for the company throughout years. This data is crucial in decision making of the company. |
| Finance Advisor | $135,000 | A career in Finance means advising and helping people reach their financial goals. You need an MBA in Finance to become a Finance advisor with some experience. |
| HR Manager | $ 90,000 | Handling the Human Resources department is a respected position for international MBA students. HR managers look at individuals’ employment operations in the company. |
| Sales Manager | $125,000 | For business graduates, sales is a very important career. You are in charge of the sales goals and salespeople of the company. |
(Source: https://gradright.com/jobs-after-mba-in-australia-salary-top-recruiters-work-permit-and-more/)
| Top MBA Employers | Average Annual Earnings (in AUD) |
|---|---|
| Commonwealth Bank of Australia | 84,000 |
| ANZ Banking Corporation | 45,000 |
| Telstra Corporation Ltd | 126,000 |
| Cognizant | 67000-110000 |
| JP Morgan | 101,983 |
How To Apply For Australian Student Visa?
You must comply with Australian Student Visa guidelines in your student visa. You can apply through your account on the Department of Home Affairs online application system.
Steps to Apply for Australian Student Visa
- To start an online application, log into Immiaccount.
- Fill out the form and details.
- Upload necessary documents.
- Pay the application fee.
- Submit the form.
- Track your application by logging into Immiaccount. Use your Transaction Reference Number to track your status.
Documents required for Student Visa for MBA in Australia are:
- 1 acceptable photo if you apply online, or 2 photos if you use a paper application form.
- Passport or certificate of identity.
- Medical certificates
- Police certificates, and
- Official acceptance letter from your institution.
- Medical Insurance Policy (OSHC)
- Bank statements of finances for fees, living costs, airfare etc.
- You need GTE documents or Genuine Temporary Entrant for students
- Passport size photographs
- Minimum IELTS score of 6.5 or 7.0
Explore more: Is 6.5 a good score in IELTS Exam?
FAQs
How long is the duration for an MBA in Australia?
MBA Australia is 18 months to 2 years. Some universities offer 1 year courses as well. You can opt for full-time, part-time or work with MBA studies. You can also work for a certain amount after post graduation in Australia with a work permit.
Is Australia a good option for MBA?
Yes, it certainly is because of the top education system for MBA, globally ranked colleges, advanced technology in education, diverse student culture for international students, high salary and great career opportunities. It helps you in excellent networking and business market skills.
Is an MBA on the PR list for Australia?
Yes, there’s a chance for permanent residency upon fulfillment of criteria. You can work in Australia if you have the occupation in SOL criteria, English proficiency and age. Recruiter sponsorship is not entirely compulsory.
Is GMAT compulsory for MBA in Australia?
This is a variable factor as many colleges consider GMAT scores, but it is not compulsory in all colleges. You must check the requirements of the exam and their alternatives like GRE from the college website before moving further. You can consult our overseas education counsellor for free.
Is Australian MBA recognized in India?
Many Indians are working in Australia and in India Australian MBA is a prestigious degree. The colleges are internationally known and provide a high quality education system. MBA from Australia is in high demand all over the world. The top MBA teaching methods and skills are provided in Australia in a practical way. The world’s best MBA graduates are from Australia and certainly have opportunities for excellent careers in India.
Are MBA admissions in Australia tough?
Yes, it’s tough and competitive, especially for top colleges and scholarships. The standards are high and you need considerable work experience in a very professional setting. Australia has the world’s best MBA students and you have to compete with them. MBA colleges consider your previous institutions, merits, leadership, work experience, exams and even interviews.