Is Australia good for MIM?

MIM is one of the most sought-after Management courses in Australia and is in high demand among international students. Some of the top-ranked MIM Australian Universities are The University of Melbourne, The University of Sydney, Monash University, University of New South Wales, University of Technology, Sydney, Australian National University, etc. The ranking of these top-ranking universities in Quacquarelli Symonds World University Rankings 2026 are: University Quacquarelli Symonds World University Rankings 2026 The University of Melbourne #19 The University of Sydney #25 Monash University #36 University of New South Wales #20 Australian National University #32 Also Check: Top-Ranked MIM Universities in Australia

Is GMAT required for MIM in Australia?

A few of the MIM Australian Universities accept GMAT scores at the time of admissions. These universities are The University of Melbourne, Australian National University, SP Jain School of Global Management – Sydney campus, Carnegie Mellon University – Australian. Besides GMAT, the GRE score is also accepted.

How much does it cost to do a MIM programme in Australia?

The tuition fee for MIM in Australia will be in the range of INR 20 Lacs – INR 40+ lakhs. A majority of MIM Australian Universities will have first-year tuition fee range between INR 20 Lacs – INR 40 lakh. The first-year tuition fees of the top-ranked MIM Universities in Australia are given below: University 1st-Year Tuition Fees The University of Melbourne INR 19.57 L - INR 35.16 L The University of Sydney INR 23.52 L - INR 28.87 L Sydney Business School, the University of Wollongong INR 18.88 L - INR 19.28 L Monash University INR 17.16 L - INR 26.73 L University of New South Wales INR 19.5 L - INR 37.53 L

What is the salary of a MIM graduate in Australia?

According to Payscale, the average base salary of a MIM graduate in Australia is AUD 85,000 per year. This is equivalent to INR 45 lakh. MIM jobs by salary can be checked from the table given below: Jobs Average Salary Project Manager AUD 95,073 Marketing Coordinator AUD 57,476 HR Manager AUD 93,508 Project Engineer AUD 82,441 Accountant AUD 69,767

MIM in Australia - Colleges, Fees, Requirements

MIM in Australia for Indian Students - Universities, Colleges, Fees 2026, 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. Let us check the important details to study MIM in Australia such as academic requirements, top colleges, tuition fees, etc.

Table of Contents

Highlights for MIM in Australia
Top 10 MIM (Masters in Management) Colleges in Australia
Popular MIM (Masters in Management)

Table of Contents

Highlights for MIM in Australia
Top 10 MIM (Masters in Management) Colleges in Australia
Popular MIM (Masters in Management) Specializations for Australia
MIM (Masters in Management) Cost in Australia
Student Visa Cost
MIM (Masters in Management) Requirements for Australia
Work Permit post MIM (Masters in Management) in Australia
MIM (Masters in Management) Scholarships for Australia
MIM (Masters in Management) Jobs and Salaries for Australia (ROI)

Highlights for MIM in Australia

Factors	Particulars/Statistics
Total no. of MIM (Masters in Management) Colleges in Australia	Approximately 80 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 – PG Business and Economics as per Times Higher Education rankings 2025 are as follows:

Universities	THE Rankings 2025 (PG Business and Economics)
The University of Melbourne	#40
The University of New South Wales	#98
The University of Sydney	#71
Monash University	#67
The University of Queensland	#65
The Australian National University	#81
University of Technology Sydney	#126
The University of Western Australia	#201
Deakin University	#201
Griffith University	#126

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 to study MIM in Australia are as follows:

Finance
Marketing
Human Resource
Accounting
Business

MIM (Masters in Management) Cost 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 requirements to study MIM from Australian Universities are given 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.