MIM in Australia for Indian Students - Universities, Colleges, Fees 2024, Deadlines

Masters in Management in Australia provides foundation training in a variety of business and management disciplines and specialist training in marketing. This course enables students to develop, implement and control marketing programs, and work closely with managers in other functional areas.

After the USA and the UK Australia is the most popular destination for higher education. Australia offers a great job market for fresh graduates and a better salary. You get to stay up to 2-4 years post-study in Australia to seek work. The average salary for the MIM graduate in Australia is AUD$85,000 per year.

Highlights for MIM in Australia

Factors	Particulars/Statistics
Total no. of MIM (Masters in Information Management) Colleges in Australia	Approximately 55+ Colleges
MIM (Master in Management) Cost in Australia	Tuition Fee: AUD$33,000 – AUD$50,000 per year Living Cost: AUD$11,000 – AUD$22,000 per year
Top Specializations	Accounting, Finance, Marketing, Human Resource
Exams Required	IELTS/TOEFL, GMAT

Top 10 MIM (Masters in Management) Colleges in Australia

The overall world university ranking for subject – business and management as per QS World University Ranking 2023 are as follows:

Universities	QS Ranking (Business) 2023
The University of Melbourne	#37
The University of New South Wales	#42
The University of Sydney	#61
Monash University	#54
The University of Queensland	#85
The Australian National University	#97
University of Technology Sydney	#142
The University of Western Australia	151-200
Deakin University	151-200
Griffith University	201-250

Popular MIM (Masters in Management) Specializations for Australia

Australian universities offer a diverse range of specializations in the field of management. Australian universities are renowned and acknowledged worldwide for their management courses. Some of the popular specializations are as follows:

• Finance
• Marketing
• Human Resource
• Accounting
• Business

MIM (Masters in Management) Cost/Fee in Australia

The tuition fee for MIM in Australia depends upon the university you choose and the specialization you take. Meanwhile, the living cost depends upon your lifestyle and the type of accommodation you choose. Yet we provide an expected figure for tuition fees and living costs in Australia.

• Tuition Fee: On average, the tuition fee for MIM in Australia can be expected to be in the range of AUD$33,000 – AUD$50,000 per academic year.
• Living Cost: The living cost on average can be expected to be in the range of AUD$11,000 – AUD$22,000 per year.

Student Visa Cost

Students are required to have a student visa (subclass 500) and the base application charge for this visa is AUD$630. This visa allows students to work part-time in Australia. For more information on a student visa for Australia visit our website.

MIM (Masters in Management) Requirements for Australia

The Academic requirement for the course of MIM (Masters in Management) in Australia is as follows:

• IELTS/TOEFL
• Bachelor’s Degree
• GMAT
• Statement of Purpose (SOP)
• Interview
• Letter of Recommendations (LOR)

Work Permit post MIM (Masters in Management) in Australia

If you wish to work in Australia post your course, you require a “Temporary Graduate visa (subclass 485)”. This visa allows international students to live, and work in Australia.

The cost of a visa for this type of visa is AUD$1680. This visa allows you to stay in Australia for 2-4 years. For more information about the work permit in Australia please visit our website.

MIM (Masters in Management) Scholarships for Australia

The Australian government has invested more than AUD$300 million in scholarships for international students. Scholarships are available at the university level as well. For more information about scholarships for Australia, please visit our website.

MIM (Masters in Management) Jobs and Salaries for Australia (ROI)

The average salary in Australia for fresh graduates in the management field is AUD$85,000 per year. Australian universities put great emphasis on making a student industry-ready.

MIM (Masters in Management) Courses	First Year Tuition Fee
Master of Management Unimelb, Melbourne	INR 26,14,372
Master of Finance RMIT University, Melbourne	INR 21,47,328
Master of Accounting Curtin University - Australia, Perth	INR 17,78,256
Master of Business Analytics Deakin University, Burwood	INR 20,35,488
Master of Management Monash University, Melbourne	INR 25,44,360
Master of Accounting and Finance The University of Adelaide	INR 25,72,320

Q.  What is the average tuition fee for MIM in Australia?

A. The tuition fee for MIM in Australia can be expected in between AUD$33,000 – AUD$50,000.

Q. What is the living cost in Australia for international students?

A. The living cost in Australia for international students is approximately AUD$11,000 – AUD$22,000 per year.

Q. Is GMAT required for Master’s in Management in Australia?

A. GMAT is not mandatory but some universities in Australia do ask for a GMAT score.

Q. What is the average salary of MIM graduates in Australia?

A. The average salary for MIM graduates in Australia is AUD$85,000 per year.

Q. What is the cost of a student visa for Australia?

A. The cost of a student visa for Australia is AUD$630.

Q. Can we work in Australia post-study?

A. Yes you can work post-study in Australia. For this, you need to apply for a subclass 485 visa.

Aishwarya Bhatnagar09-01-2023 14:11