MBA in Australia for Indian Students
MBA in USA for Indian Students

MBA in Australia for Indian Students

Business programs in Australia are renowned for their quality standards and globally acceptance. Besides, who doesn’t love the awesome scenery and welcoming atmosphere of Australia. Among the top destinations, Australia is one of the most preferred to pursue post-graduate programs. If you have planned to study MBA in Australia, you’ve made the right decision. This article will provide comprehensive insights to the aspirants who wish to pursue MBA in Australia.

Why MBA in Australia?

In general, there is a predefined set of factors that need to be taken into consideration before choosing to pursue MBA. This must be broken down into destination, universities, specialization, tuition fees, living cost, financial aid, etc., When you prepare a checklist for these elements, Australia will be the first choice for international students. The reason behind the popularity and global recognition is mainly based on many factors. Understanding these factors will help you make the right decision.

  • As per the QS News Global MBA Ranking, 13 universities are recognized and ranked in the Top 250 business schools of the world. 
  • According to QS Global MBA ranking 2021, 5 business schools are ranked among the top 100’s in the world. 
  • In the category of MBA salaries, Australia is one among the top countries and is placed 5th. 
  • FT Business school ranking (2021) ranks 3 business schools in Australia in the world’s 100 universities. 
  • Companies from leading sectors like technology, finance, consulting, and marketing are welcoming MBA graduates with a high salary package.

Best MBA Colleges in Australia


The best thing about the Australian universities is their inevitable presence in the toppers table of the global rankings. Leading Universities in Australia are recognized by QS Global MBA rankings and FT business school rankings. Not only that, these ranks are rising in the table every year. Apart from this, these business schools’ curricula are structured at par with world-class standards that help Management graduates to gain complete potential. We have sorted out the best business schools/institutions as per the rankings. This helps you to make vivid decisions to select a suitable institution. 


University 
Global rank 2021
National rank 2021
Asia Pacific Ranking 2021
Macquarie University
19
3
14
UQ Business School
-
4
15
UWA Business School
-
5
16
Bond University
-
6
-
Deakin University
29
7
-
RMIT University
-
8
-
Wollongong – Sydney Business School
-
9
-
La Trobe University
31
10
-
Monash University
73
-
-

Study Masters (MS) in Australia for Indian Students

Top MBA Courses in Australia


1. MBA in Finance -
If you want to get insights on financial concepts in a global context, undertaking MBA in Finance is the right choice. The course curriculum covers investment management, stockbroking, financial economics, business finance, and international finance. By completing this course, you’ll have a chance to get placed in different industries that include financial services, banking, insurance, stockbroking, credit risk management, financial agencies, and consultancies, 

2. MBA in International Business -
This is one of the most renowned courses in management and international students are showing interest to pursue it in Australia. This course mainly focuses on marketing, finance, human resource, business management on an international level. The aspirant who holds an International business degree can get hired as a Global business manager, chief executive officer, International business consultant, and administrative service manager. 

3. MBA in e-commerce
- There is a great surge in the demands for MBA in e-commerce in the recent years. Further to this, through the globally recognized degree from leading universities of Australia, you’ll have an amazing chance to carve your career in the e-commerce industry.  MBA e-commerce graduates can work as an e-commerce consultant, promotion managers, senior web developers, etc. 

4. MBA in Strategy & Leadership
- People who love to have the traits of strategic management and leadership goals can pursue MBA in Strategy & Leadership. It helps to bring out the best from the aspirants and to make them formulate and execute business strategies, manage the business, and so on. 

5. MBA in Human Resource Management
- Aspirants who have a great tendency to socialize and interact with people have a good choice to pick an MBA in Human resource management. Curriculum of this program  covers staffing, recruiting, training the employees, developing staff welfare policies and enhancing employee productivity & engagement.

MBA Fees in Australia


As per the 2021 survey, the average annual program fee for MBA is around 59,966 AUD. In addition to that, fees have increased by 3.34% in comparison with last year. The average annual cost of international students to pursue an MBA will range from 45000 AUD to 822,000 AUD. The tuition fees tend to vary with the university and course which you choose. But, there is no need to panic or be confused about the fees component. You can afford it by availing any of the suitable scholarships offered by the Australian government, and agencies.

Pre-Departure costs


Before initiating your studies there are few expenses that have to be taken into account. It starts with the registration, where you need to apply to your favorite university. Generally, registration fees may vary from one university to another based on the popularity and renowned status. In addition to this, you may have to pay for proficiency tests, and Visa. If you are looking for pre-departure costs to study MBA in Australia.

Here is the complete checklist for you.


Categories 
Cost (AUD)
Application
110 (Varies)
Australian Student Visa
426
IELTS
220 - 250
TOEFL
165 - 255
GMAT
250
GRE
200

MBA Tuition Fees in Australia for International Students


The fees of a program is directly related to the duration, specialization, and business school that you choose. It is advisable to get the insights early and pre plan them. To get rid of any hassle, understanding the fee structure is certainly important. The below table is designed to help you with the average program fees for various universities.


University 
Average Annual Fee (AUD)
Victoria University
46,800
Swinburne University of Technology
36,204
University of South Australia
60,450
University of Sunshine Coast
39,905
University of Tasmania
68,347
University of Southern Queensland
42,600
University of Newcastle 
36,545
University of Newsouthwales 
59,760
University of New England (UNE)
28,000
Torrens University 
36,900

Cost of Living in Australia


Australia, well known for its multicultural society and welcoming environment, welcomes aspirants to enjoy their studies in a beautiful environment. However, you need to spend a decent amount of money to stay in the top cities of Australia. In order to make it affordable, a single person can make their living from 1500 AUD to 2600 AUD. Want to know about the various costs associated with comfortable living? Here is the list for you!

MBA in Australia Requirements

Eligibility Criteria for MBA in Australia


Indian students who want to pursue MBA in Australia should meet the demands to apply for it effectively. This will mainly be based on previous academic performance, proficiency tests, and work experience. 

  • Academic excellence is an important factor that is considered imperative. An MBA aspirant must have 15 years of educational experience from a recognized institution. MBA aspirants are expected to have a minimum of 65% academic score. 
  • IELTS or TOEFL is a significant requirement to get through. Aspirants from non-native English-speaking countries must have good scores in IELTS Exams
  • IELTS: 6.5 or above (overall band score)
  • TOEFL: 80 or above
  • The Graduate Management Admission Test (GMAT) is an important entry factor to study MBA in Australia. Most Australian universities expect international students to have GMAT scores above 650. 
  • Work experience is not a mandatory requirement to study MBA in Australia. However, you can stand out from other applicant profiles by having two to three years of experience in the relevant industry.

Documents Required to Study MBA in Australia


Australian universities expect international students to submit some documents that represent their identity, performance, and eligibility to study MBA in Australia. Are you looking to prepare the checklist for documentation? We have made it easy for you! Yes,

Here is the checklist for you. 

Scholarship for MBA in Australia for Indian Students

One of the amazing things about studying MBA in Australia is its extensive funding assistance. More than 1150 scholarships are available for international students to make their studies as affordable as possible. Generally, the value of these scholarships may vary based on the courses that are selected and the performance of the applicants. Knowing about the popular scholarship schemes helps you avail yourself of it easily. 

Popular Scholarship

Benefits

Kraft Heinz Scholarship

43,265 AUD

Monash MBA International Women in Leadership Scholarship

23,113 AUD

ANU College of Business and Economics India Excellence Scholarship

9630 AUD

International Excellence Scholarship (India); South Asia Business and Law Scholarships

12,287 – 57,787 AUD

AGSM Global Reach Scholarship and AGSM Excellence Scholarship

Varies

MBS Scholarships

Varies

MBA (Intensive) International Prestige Scholarships

100% tuition fee waiver

Adelaide MBA Scholarship

25% of tuition fee waiver

UOW Postgraduate Academic Excellence Scholarship

10% to 30% tuition fee waiver

MBA Student Scholarship

25% tuition fee waiver


Requirements to avail International scholarships 

  • UG degree certificates 
  • Passport
  • Academic transcripts
  • Curriculum vitae
  • Personal statement that states the eligibility to get a scholarship
  • Photo
  • English proficiency test certificate

Jobs After MBA in Australia


Lucrative job prospects are one among all the specialties why Australia is famous for. Do you know the average annual salary of different job roles? MBA graduates are able to earn more than 95,000 AUD per year. Top recruiters and global leaders are ready to welcome MBA graduates with amazing pay. The main reason for this demand is mainly due to emerging startups, SME’s and renowned businesses in Australia. MBA graduates are in demand at different domains that include marketing, business management, banking, finance, consulting, manufacturing, technology, etc., 

Job Role 

Leading recruiters

Average Annual salary (AUD)

Marketing Manager

Westpac Banking Corporation

103,000

Senior Product Manager

Telstra Corporation Ltd

202,000

Account Manager

Zomato

50,000

Senior Business Analyst

ANZ

120,000

Business Development Manager

APCD Pty Ltd

121,000

Sales Consultant

Simonds Homes

82,000

Area Sales Manager

GFG Alliance

80,000

Operations Manager

CHEP

98,000

Category Management

Woolworths Supermarkets

97,000

CEO

The Alternative Board of Australia

143,000

MBA Salary in Australia

The current Australian market is recognized for its abundant job opportunities and is ranked in the top 10 for the highest MBA salaries in the world. Leading companies of Australia offer sky-rocketing salaries to MBA graduates across different sectors. 


Top recruiters 

Annual Salary per year (AUD)

Woolworths

236,000

Commonwealth Bank of Australia

162,000

ANZ Banking Corporation

225,000

Westpac Banking Corp

132,000

Telstra Corporation Ltd

145,000

JP Morgan

158,000

Fidelity Investments

131,000

HSBC Global Asset Management

107,000

Work Permit After MBA in Australia


Policies for staying back after graduation are friendly in Australia. With the proper eligibility, you’ll be able to remain in Australia to continue your job. After completing your MBA graduation, you can apply for a Temporary Graduate Subclass 485 visa that helps you to stay for 18 months in Australia. The main eligibility criteria to avail post-graduate work permit is students must have studied in Australia for at least 16 months period.

If you are interested in pursuing an MBA in Australia, this is the right time to kick start.  AECC Global has partnered with many leading universities of Australia which offer MBA programs and have helped numerous students to pursue their dream education in Australia.
Image

Our Services

Study Destinations

Popular Courses

Australia  | Bangladesh  | Greece  |  IndiaIndonesiaMalaysiaNepalPhilippinesSingapore | Sri LankaThailand | Vietnam