Master of International Business in Australia

more popular courses studied by the large contingent of international students coming to Australia every year. Acquiring extra business acumen or skills such as managerial and leadership skills] is essential; whether you want to be a private entrepreneur or an employee in a company, it is for this reason that investing in a master of international business degree is highly recommended. Another reason is that a master's degree increases your knowledge base or expertise and significantly improves your job prospects and income level.

Master of International Business in Australia : Highlights

Here are the highlights of the master of an international business degree at the University of North-South Wales: 

Program

International Business

Course

Master of International Business

Duration of the Course

2 years; full-time

Eligibility

You'll need a recognised undergraduate degree (or equivalent qualification) with a credit average, as determined by the UNSW Business School. 

You will also need to meet the minimum English language requirements.

Entrance Exams

IELTS

TOEFL-iBT

TOEFL-PBT

Pearsons Test of English

C1 Advanced Cambridge

C2 Proficiency Cambridge 

Tuition Fees

AUD50,200/year

Jobs

Business Development Manager

International Marketing Manager

Economist

Human Resource Manager

Financial Analyst

Average Annual Salary

Business Development Manager AUD79,747

International Marketing Manager AUD95,525

Economist  AU$77,051

Human Resource Manager AUD91,821

Financial Analyst  AUD76,940

Why Study Master of International Business in Australia

  • Australia is a multicultural country and already home to a lot of international students
  • Visa-friendly policies that make it easier to work as a student or after studies
  • Globally respected degree certificates and education system
  • It gives you a significant competitive advantage over certificates from less admirable study destinations
  • Has 38 universities in the recently released 2023 QS World Universities Rankings
  • Safe study environment that is not prone to security concerns such as terrorism
  • Nobel Prize winners have emerged from Australian institutions
  • A highly developed economy implies improved living standards, excellent educational facilities, and increased job prospects.

Who Should take Master of International Business in Australia?

This course is open to anyone with at least a bachelor's degree that is not only from a recognised institution but whose grade is acceptable by universities in Australia. In addition to a good bachelor's degree, the candidate must meet all other requirements for a master of international business course in Australia, including visa requirements and English language proficiency test scores, if they are not from a native English-speaking country.

List of Master of International Business in Australia

  • Master of International Business
  • Master of Business Management
  • Master of Business
  • Master of International Management
  • Master of Business Administration 

TOP Universities Offering Master of International Business in Australia

University Name

QS World Rankings

City

Monash University

57

Melbourne

University of Sydney

41

Sydney

University of New South Wales

45

 Sydney

University of Melbourne

33

Melbourne 

University of Queensland Australia

=50

Brisbane

Australian National University

30

Canberra

University of technology Sydney

137

Haymarket

Deakin University

266

Melbourne

University of Western Australia

90

Perth

Macquarie University

=195

Sydney

Queensland University of Technology

=222

Brisbane

RMIT University

=190

Melbourne

University of South Australia 

=363

Adelaide

Griffith University

=300

Nathan

University of Newcastle

192

Callaghan

Curtin University

193

Perth

University of Adelaide

109

Adelaide

Cost of Studying Master of International Business in Australia

Because the standard of living and academic costs vary according to the city and university [usually, the bigger the city, the higher the expenses for the student], it is not easy to precisely estimate the cost of a master of international business in Australia. For instance, the tuition fees listed on this post indicate that tuition varies between roughly AUD27,000 to AUD90,000. This can quickly change if a different set of Australian universities were to be sampled. Moreover, international students incur several other costs when pursuing a graduate program apart from education. So the best advice is to be as financially prepared as possible before embarking on your master of international business study.

Tuition Fees

University Name

Course

Duration

Tuition Fees in INR

Australian National University 

Master of International Management

2 years; full-time

INR2467298.69/year [AUD45,360]

University of Melbourne

Master of Business Management

2 years; full-time

INR2543014.73/year [AUD46,752]

University of Sydney

Master of International Business

 1.15 years; full-time 

INR2855669.78/year [AUD52,500]

University of New South Wales

Master of International Business

2 years; full-time

INR2730564.24/year [AUD50,200]

University of Queensland Australia

Master of Business 

1.5 years

INR2349808.27/year [AUD43,200]

Monash University

Master of Business 

1, 1.5, or 2 years; full-time, depending on prior qualifications

INR2616337.45/year

[AUD48,100]


University of Technology Sydney




Master of Business Administration [Major in International Business]

2 years; full-time or
4 years; part-time

Cost per credit point for 2022 is INR50403.76 [AUD927]. [Total credit points = 96].

University of Adelaide

Master of International Management 

2 years; full-time

INR2582717.02/year

[AUD47,500]


RMIT University 

Master of International Business 

2 years; full-time or 1.5 years accelerated

INR2296715.10/year

[AUD42,240]


Macquarie University

Master of International Business

2 years, 1.5 years, 1 year;  full-time

INR2169482.30/year[AUD39,900]

University of Newcastle

Master  of International Business 

1.5 years;  full time 


INR2254032.30/year

[AUD 41,455]


Curtin University

Master of International Business 

1.6 years; full time 

INR1631189.70/year

[AUD30,000]


Queensland University of Technology 

Master of Business [International Business ]

  • 1 - 2 years; full-time
  • 3 - 4 years; part-time

INR1609440.50/year

[AUD29,600]  full-time


Deakin University

Master of Business Administration (International)

2 years; full-time or part-time equivalent

INR2240167.19/year

[AUD41,200]

Griffith University 

Master of International Business 

1 to 1.5 years;  full time; 3 years; part  time 

INR1821495.17

[AUD33,500] [80 credit points]

University of  South Australia 

International Master of Business Administration 

2 years; full time 

INR2049861.72/year

[AUD37,700] 

Cost of Living in Australia

The cost of living mainly depends on variables such as a residential town, student's lifestyle, and financial status. Here is the student cost of living estimates of Monash University, Melbourne.

Kind of Expenses

Amount in AUD

Accommodation

 

Hostels and guesthouses

$90 to $150 per week

Shared rentals

$85 to $215 per week

On-campus

$240 to $303 per week

Homestay

$378 per week

Boarding schools

$11,000 to $22,000 per year

Rental 

$165 to $440 per week

Other living expenses

 

Groceries and eating out

$80 to $280 per week

Gas and electricity

$35 to $140 per week

Phone and internet

$20 to $55 per week

Public transport

$15 to $55 per week

Car (after purchase)

$150 to $260 per week

Entertainment 

$80 to $150 per week

Master of International Business in Australia: Eligibility Criteria

The eligibility criteria often vary from institution to institution and even among the faculties and departments of the same institution. Below is the University of Sydney Master of international business eligibility criteria.

To be considered for admission, an applicant is required to have:

  • An Australian bachelor's degree or higher in a related discipline with a credit average of 65 per cent or an equivalent qualification, or
  • An Australian bachelor's degree or higher in an unrelated field with a credit average of 65 per cent or an equivalent qualification and appropriate professional work experience (usually three years), or
  • An Australian bachelor's degree or higher in a related discipline with a lower than 65 per cent credit average (but a minimum of 50 per cent) or an equivalent qualification and satisfactory performance in the GMAT (at least a class average score is 630) or an equivalent and approved Business School admissions test.
  • A minimum IELTS score of 7.0 overall and a minimum score of 6.0 in each band
  • A minimum TOEFL- iBT score of 96 overall, including a minimum score of 17 in Reading, Listening, and Speaking and 19 in Writing
  • A minimum PTE score of 68 overall and a minimum score of 54 in each band

Exams Required to Study Master of International Business in Australia

Examination types and grade requirements often vary among universities. The following are some exams required by the University of Newcastle for entrance into the master of international business course.

Exam Name

Minimum Score

IELTS overall 

6.5

IELTS section 

6.0

Scholarships to Study Master of International Business in Australia

Scholarship Name

Description

Eligibility

Amount in AUD

Future  Leaders Scholarship [RMIT University]

Awarded to international students about to commence their bachelor's degree course or master’s by coursework at RMIT University.

To be considered eligible, you must:

be a citizen of India, Sri Lanka, Bangladesh, Bhutan, Nepal or Pakistan,

and have an offer letter to commence a bachelor's degree or master's by coursework at RMIT from 2022 intakes onwards; etc.


A 20% reduction in tuition fee for the program duration is cited in your offer letter.

Macquarie University South Asia Scholarship

Awarded to students from South Asian countries that commenced their programs either in 2021 or 2022.

The student must:

  • be a citizen of India, Pakistan, Bangladesh, Sri Lanka or Nepal,

  • be offered admission into a Macquarie University bachelor or postgraduate coursework degree commencing in 2021 or 2022; etc.

Up to AUD10,000 yearly

South Asia Excellence Scholarship [University of Newcastle]

Merit-based scholarship program created to help attract high-performing students to the University of Newcastle.  Awarded to applicants with a strong academic background as motivation for them to keep working hard to be the best that they can be.

The student must:

be a native of one of the following South Asia countries:

  • Afghanistan
  • Bangladesh
  • Bhutan
  •  India
  • the Maldives
  • Nepal
  • Pakistan
  • Sri Lanka

The scholarships will automatically go to students that have gained entrance to study in an eligible, non-quota program at the University of Newcastle.

Note

This scholarship excludes about 12 courses, including bachelor's and doctor of medicine.  

AUD10,000 for each year of study under full-time study load

Starter Support Scholarship [Curtin University]

A way through which Curtin University provides financial assistance to international students that may have been impacted by the Coronavirus. It meant for students travelling to Western Australia to commence on-campus studies.

You must be: 

A new international student travelling from outside of Western Australia to Perth, Western Australia, to commence an on-campus program at Curtin University from the second half of 2022, 

OR

a new international student commencing an undergraduate program or postgraduate coursework at any other Curtin University campus located in Western Australia.

Note

For Postgraduate degrees, all students in the Faculty of Health Sciences are not eligible for this scholarship.


All students must be studying a program with a minimum of 50 credits to be eligible.

100 credit points = AUD5,000 tuition reduction.


75 credit points =AUD3,750 tuition reduction


50 credit points=AUD2,000 tuition reduction

How to get Admission for Master of International Business in Australia?

  • Register With AECC Global And Speak With An Education Expert
  • Apply To Your Universities/Colleges of choice With Our Assistance (We Have A Fantastic Working Relationship With Several Australian Universities)
  • Sit For IELTS Or Any Required Exams
  • Receive an Offer Letter from one of the Institutions You Chose
  • Pay Tuition Fee
  • Prepare & Present Your Visa Documents
  • Obtain Your Visa Grant Letter
  • Visit AECC Global to Book Your Pre-Departure Services

Master of International Business Job & Salary in Australia

The global business community is a vibrant and continuously evolving sector and a significant employer of labour. Hence, completing your master of international business degree in Australia is a massive step towards a broader employment scope, financial stability in the following job areas, and more.

Job Profile

Annual Salary in AUD

Business Development Manager

AUD79,747

International Marketing Manager 

AUD95,525

Economist 

AUD77,051

Human Resource Manager

 AUD91,821.

Financial Analyst

AUD76,940

Sales Manager 

 AUD76,453.

Financial Controller

AUD115,754.

Stockbroker 

AUD75,000

Investment Banker

AUD97,131

Auditor

AUD55,807


Supply Chain Manager 


AUD101,465.

Product Manager

AUD134,323

Global Product Manager

AUD147,458

TOP Recruiters

  • Accenture
  • Tata Consultancy Services
  • IBM
  • Deloitte
  • Oracle
  • Genpact
  • JP Morgan
  • EY
  • Flipkart
  • Dell
  • State Bank of India
  • Tata Motors
  • Bharti Airtel

Significant knowledge of the global business environment is essential, whether you intend to be self-employed or otherwise. Such knowledge can easily be obtained by enrolling in a master of international business in a country with a highly reputable education system such as Australia. It is often said that two heads are better than one. This is why AECC Global came into existence to partner with prospective international students in making sure that all the steps in their application process are prosecuted according to formal instructions to avoid errors and other improper procedures that may lead to disqualification and waste of scarce resources. In a nutshell, with AECC, you are guaranteed a stress-free, cost-effective, and successful university admission into your master of international business course.

 FAQ

AECC Global is one of the world's leading educational consultancies with versatile expert professionals who are ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey of fulfilling your dream.


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