Australia is the residence of some of the best business schools and universities in the world, making it a famous nation for international MBA candidates. Apart from the standard two-year program, you also have the option to speed up your graduation with a one-year MBA. 

1 Year MBA in Australia: Course Highlights

Why 1 Year MBA in Australia?

• Most Australian MBA colleges and universities are certified by EQUIS and AACSB, which offer the best quality education to students.
• Most of these degrees allow you to do an internship, which will give you enough work experience in the best way possible.
• You will learn practical and theory lessons in leadership, communication skills, etc.
• The course is more affordable than a standard two-year MBA.
• You can complete everything taught in the two-year MBA in just one year.

1 Year MBA Programs in Australia

• General.
• Arts Management.
• Consulting and Strategic Management.
• Education and Government.
• Investment/Insurance.
• Finance/Accounting/Economics.
• Property Management.
• Tourism/Hospitality Management.
• Law.
• Leadership.
• Healthcare Management.
• Transportation Management.
• Technology Management.
• Nonprofit Management and Sustainability.
• Marketing Management.
• Supply Chain and Operations Management.
• Industrial Management and Engineering.
• Supply Chain and Operations Management.
• Internal Business Management.
• Resources and Environmental Management.
• Entrepreneurship.
• Innovation.
• Asian Business.
• International Management/Business.

Top Universities for 1 Year MBA in Australia

Cost of Studying 1 Year MBA in Australia

Your cost of studying for one year MBA in Australia includes your living expenses and other charges. An estimate would be between 2300000 and 5200000 INR for the top universities.

Tuition Fees

Cost Of Living in Australia

According to the Department of Home Affairs (DHA), Australia, the collective yearly expense of living for an overseas student in the Australian subcontinent is around 14432 AUD. The amounts include various brackets such as accommodation, meals, books, supplies, transportation, personal expenses, etc. Below we have given the different types of accommodations and amounts associated with them.

Eligibility Criteria for 1 Year MBA in Australia

• To be eligible for a one-year MBA in Australia, you need to hold an undergraduate degree in any area with at least 65 percent (some universities prefer business-related sectors).
• You also need to have an updated resume or CV.
• You need a minimum of 2 reference letters from your professors or previous employer.
• You must have the required GMAT or GRE score.
• Universities will call applicants for an interview – face to face, video call, or phone.
• Having at least two years of work experience in management or business is mandatory.
• To prove your English language skills, you must write IELTS or equivalent exam and submit its scorecard because all national courses are entirely taught in English.

Exams Required to Study 1 Year MBA in Australia

Scholarships to Study 1 Year MBA in Australia

1 Year MBA in Australia: Post Study Work Permit

The Post Study Work Permit allows you as an overseas student to stay, work or look for a job in Australia after graduating. Depending on your qualification and area of study, you can be allowed a duration between 18 months and six years. There are three categories of this visa.

• Subclass 485 – Temporary Graduate Visa – Post-Study Work Stream.
• Subclass 485 – Temporary Graduate Visa – Graduate Work Stream.
• Subclass 476 – Skilled Recognized Graduate Visa. 

Jobs Opportunities after 1 Year MBA in Australia

Since a one-year MBA is recognized worldwide, you can get a job opportunity anywhere on earth after graduating with Australia's one-year Master in Business Administration degree. Students are usually provided designations in managerial jobs after a one-year MBA, with finance being the highest paid industry in the world with an approximate average annual salary of 97100 AUD, followed by the tech and consulting sectors.

Top Recruiters

• Commonwealth Bank of Australia.
• ANZ Banking Corporation.
• Woolworths.
• Telstra Corporation Ltd.
• Westpac Banking Corp.
• Allianz Global Investors.

How to Get Admission for 1 Year MBA in Australia? 

You must follow these essential steps to pursue the best one-year MBA program in the Australian subcontinent.

Step 1: You need to narrow down on which specific course and program you wish to pursue in which university.

Step 2: Check if your qualifications match the university's criteria for your chosen program. You can only proceed if you qualify; otherwise, you need to change the university, unfortunately.

Step 3: You must gather all the documents and evidence necessary to fill out the application form. Here's a general checklist for your reference.

• Your bachelor's degree.
• Your GMAT or GRE score sheet.
• Your IELTS or equivalent score sheet.
• Your updated resume or CV
• Proof of at least two years (24 months) of work experience in management or business-related area.
• At least two reference letters from previous employers or professors.
• Your Statement of Purpose (SOP).
• At least 2-3 Letters of Recommendation (LORs).
• An essay detailing your reasons for one year MBA. You also need to include previous achievements, areas of interest, etc.

Step 4: Note that it is essential for you to prove your English language proficiency in reading, writing, listening, and speaking because English is Australia's mother tongue and the universities and colleges teach all courses in the English language only.

Step 5: Fill out the application form with your required academic and personal credentials.

Step 6: We recommend you double-check your information before submitting it. It takes time for application processing, and an incorrectly filled application will reject your application or penalize you at worst. So ensure you type incorrect data about your personal, employment, educational, financial status, etc.

Step 7: The last step is to pay your application fee and submit your application after ensuring that all information is correct.

Step 8: Done. 

Suppose you wish to get into one of Australia's top universities for a one-year MBA. In that case, AECC is with you from your graduation application. Our experts will help you reach your study abroad dreams today. Contact us now.

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