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.
Table of Contents
- Master of International Business in Australia : Highlights
- Why Study Master of International Business in Australia
- Who Should take Master of International Business in Australia?
- List of Master of International Business in Australia
- TOP Universities Offering Master of International Business in Australia
- Cost of Studying Master of International Business in Australia
- Tuition Fees
- Cost of Living in Australia
- Master of International Business in Australia: Eligibility Criteria
- Exams Required to Study Master of International Business in Australia
- Scholarships to Study Master of International Business in Australia
- How to get Admission for Master of International Business in Australia?
- Master of International Business Job & Salary in Australia
- TOP Recruiters
- FAQ
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 |
Quick Read: Universities in Australia for Masters
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 |
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 |
[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 ] |
|
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.
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. |
|
Macquarie University South Asia Scholarship |
Awarded to students from South Asian countries that commenced their programs either in 2021 or 2022. |
The student must:
|
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:
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 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 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 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
Is International Business Management a good course in Australia?
Definitely Yes. Completing International Business Management can lead you to earn upto AUD 80,000 per year.
What are 5 forms of International Business?
The 5 forms of International Business:
- Importing and Exporting
- Licensing
- Franchising
- Strategic Partnerships and Joint Venture
- Foreign Direct Investment (FDI)
Is there Math in International Business?
Yes. There is math in International Business. Topics like Finacial Accounting, Quantitative Techniques, Application Statistics, etc.
AECC 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.