Study MBA in Australia: Cost, Requirements & Eligibility for Indian Students
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Interested in studying in Australia to pursue an MBA? Check out this article to understand everything about an MBA in Australia - including top universities, fees, specialisations available and admission requirements.
Nowadays, every graduate wants to pursue an MBA to boost his/her career. Pursuing it from a prominent international destination, be it an MBA from Australia, the USA, the UK, or Canada, definitely keeps one ahead in the league. It also gives MBA professionals a head start in their careers. However, aspirants face the dilemma of applying to foreign universities.
Australia is among the top five study destinations for international students who want to pursue an MBA abroad. According to the Australian High Commission in New Delhi, 122,202 Indian students were studying in Australia in November 2024 out of which 20,0000 were enrolled for an MBA in Australia. Around 80% of the admitted students for an MBA in Australia were international students.
In this article, we have summarized details about the application procedure, estimated cost plus the total duration of an MBA in Australia. There are also details about the eligibility criteria, job opportunities and MBA scholarships available for international students in Australia.
- MBA in Australia Highlights
- Why Study MBA in Australia?
- Best Universities in Australia for MBA
- MBA in Australia Admission Requirements
- MBA Fees in Australia
- Scholarships/Financial Aid for MBA in Australia
- MBA in Australia Salary (Top career options after MBA in Australia)
- Work Visa after MBA in Australia
MBA in Australia Highlights
| Total Universities Offering MBA in Australia | 30+ |
| MBA Course Duration | 2 years |
| MBA in Australia Year Division | Semester wise |
| Admission Requirements | Bachelors's, GMAT, IELTS/TOEFL/PTE, Work Experience |
| Average Tuition Fee | AUD 60,000 annually |
| Internship / Placement Opportunities | Offered by Australian Universities |
| Specializations Offered | 05 |
| MBA in Australia Offered | Full-time / Part-time / Online |
| Types of MBA in Australia | General MBA, MBA Executive and MBA with specialization |
| Average Salary | AUD 100,000 - AUD 150,000 |
Check: Why study in Australia?
Why Study MBA in Australia?
A good MBA degree is considered a gateway to success. It benefits one's career progression, enhances skills required to stay ahead in the industry, and helps in networking. There are numerous reasons to pursue an MBA from Australia and acquire the skills and knowledge required to grow one's career vertically. An MBA course in Australia teaches students how to manage a business successfully and adapt to the latest global trends. Some of the top reasons to study an MBA in Australia are:
- MBA in Australia is recognised globally because the AQF (Australian Qualifications Framework) issues a comparative qualification for office use.
- All MBA courses in Australia are triple-accredited, that is by AACSB, AMBA, and EQUIS. Thus, it is best to study at some of the top universities in Australia for MBA.
- There are popular MBA programs in Australia, some of which make it the world's top-ranked B-schools.
- International students studying MBA in Australia can work for 40 hours while studying plus earn and network while studying. Check: Part-time work options for international students in Australia
- Australia opens more than 45,500+ job vacancies for MBA degree holders annually.
- More than 6,000+ vacancies are open for Finance MBA graduates in Australia each year.
- Australian universities may or may not accept GMAT scores for MBA admissions.
Check: Why Study MBA Abroad?
Best Universities in Australia for MBA
International students opt to study at the best universities in Australia for an MBA because of Australia's status as a sought-after study destination, quality education, high-end research opportunities, and excellent career prospects. They are popular among international students and have been ranked highly in Australia and globally.
Top Universities in Australia for MBA - QS World Ranking 2025
Regarding pursuing an MBA degree in Australia, Australia is a hot favourite study destination for MBA aspirants in the Asia-Pacific. Business and management schools are assessed on factors like imparting academic skills, research excellence, and employability. The following table shows the top Australian universities ranking as per QS for 2025 for Global MBA:
|
Australian Business Schools
|
Parent University
|
QS Subject Ranking 2025 (Global MBA)
|
|---|---|---|
|
Melbourne Business School
|
#1
|
|
|
UNSW
Sydney Business School
|
#3
|
|
|
Macquarie Business School
|
#5
|
|
|
UQ Business School
|
#4
|
|
|
UWA Business School
|
#6
|
|
| RMIT School of Business |
#7
|
|
|
UniSA Business School
|
||
|
Wollongong Sydney
|
||
|
UTS Business School
|
||
|
Curtin Business School
|
#12
|
|
|
La Trobe Business School
|
||
|
Victoria University
|
#14
|
Read more about Australia University Rankings 2025
Apart from this, favourable visa policies also draw a lot of students to pursue their higher studies in Australia. The universities in Australia are internationally recognised and offer courses in the most preferred language, i.e. English. Management courses in these universities focus on imparting leadership qualities and giving real-world experience by offering internships in top companies. There are two main intakes for applying to Australian universities:
- February Intake in Australia
- July Intake in Australia
- November Intaje in Australia (applicable for a few universities)
Top MBA Courses in Australia
Indian applicants aiming for an MBA in Australia have a handful of specialisations to choose from. Some of the most popular MBA specialisations have been tabulated below along with the Australian universities offering them:
| Top MBA Specialisations in Australia | Best Universities in Australia for MBA (Specialisation-wise) |
|---|---|
| MBA in Finance in Australia | 1. The University of Melbourne 2. Monash University 3. The University of Queensland 4. University of New South Wales 5. Australian National University |
| MBA in International Business in Australia | 1. The University of Melbourne 2. The University of Sydney 3. Monash University 4. University of New South Wales 5. Australian National University |
| MBA in Business Analytics in Australia | 1. The University of Melbourne 2. Monash University 3. Curtin University 4. The University of Adelaide 5. The University of Western Australia |
| MBA in Human Resources in Australia | 1. The University of Melbourne 2. The University of Sydney 3. Curtin University 4. The University of Western Australia 5. University of Technology, Sydney |
| MBA in Project Management in Australia | 1. The University of Melbourne 2. The University of Sydney 3. Monash University 4. University of New South Wales 5. Australian National University |
While this is not an exhaustive list of MBA specialisations offered in Australia, applicants can still look for their preferred ones when applying for admission.
MBA in Australia Admission Requirements
Entry requirements for an MBA in Australia for international students include at least 60% at the undergraduate level, a minimum of 2 years of work experience and English language proficiency scores. The following section is divided into more information:
MBA in Australia Course Duration
In most universities, the duration of the MBA programme is 2 years. The period for an MBA in most universities in Australia is between 15 months and 2 years. Apart from this, many universities have started offering one-year MBA programmes. Melbourne Business School has started a one-year MBA program, which is highly popular among aspirants. The following is a list of MBA programs offered by some of the top business schools:
| Australian B-Schools |
Duration of MBA course |
|---|---|
| Melbourne Business School - MBA |
2 years |
| UNSW Business School - AGSM MBA |
1 Year |
| University of Sydney Business School - MBA |
1.6 years |
| Monash Business School - MBA |
2 years |
| UQ Business School - MBA |
1 year |
| ANU Business School - MBA |
1.6 years |
| UTS Business School - MBA |
2 years |
| UWA Business School - MBA Flexible |
1.4 year |
| Deakin Business School - MBA |
1 year |
| Griffith Business School - MBA |
1 year |
| Macquarie Business School - MBA |
2 years |
Read: How to choose between a year and two-year MBA program?
Exams to Study MBA in Australia
Students who do not meet the English language requirements of TOEFL / IELTS / PTE can pursue ELICOS (English Language Intensive Courses for Overseas Students) courses. ELICOS is the Australian equivalent of English language courses. Students who need to prove English language proficiency to study at a university or a vocational college or want to work can pursue any course under ELICOS. There are different types of ELICOS courses; students can pursue any course depending on their requirements.
Also Read: TAFE Institutes in Australia
MBA in Australia: Eligibility Requirements for Admission
Some of the basic requirements for getting admission to top Australian universities for MBA are as follows:
- Bachelor's degree: Candidates must have completed a bachelor’s degree from a recognised university in any field.
- IELTS: Students must secure a good IELTS score to get an Australian visa. Students from non-native English-speaking countries must showcase their English language proficiency to secure admission to a university. Check: IELTS v/s TOEFL v/s PTE?
- Work Experience: Although it is not mandatory, having at least three years of work experience proves advantageous for aspirants. Most universities prefer candidates with two to three years of work experience.
- GMAT Score: Most Australian universities and colleges accept GMAT scores for admission to the MBA program. A good GMAT score is required for a top university. However, the average GMAT score for getting admission to an Australian university is 655+.
Check: Eligibility requirements and application procedure: Australia
MBA Fees in Australia
One of the most important factors when deciding on a university is the course curriculum and the program's cost. Always compare the cost of studying in different universities and pay for the reasonable one. According to mbanews.com, the MBA fee in Australia for international students has increased from 2023 to 2025. Therefore, various factors contributing to the cost, such as course fees, accommodation, travel expenses, and research for the project work, should always be considered. The cost of studying MBA in Australia varies from AUD 126,000 to AUD 16,000. Here’s a list of the MBA fees of the top 10 MBA schools in Australia:
| University/School/Provider |
Australia MBA Fees |
|---|---|
| The University of Melbourne | Senior Executive MBA: AUD 126,000 EMBA: AUD 103,500 |
| UNSW Sydney | AGSM: AUD 104,400 |
| Monash Business School |
EMBA: AUD 112,600 |
| Macquarie Business School |
MBA: AUD 80,000 |
| UQ Business School |
MBA: AUD 76,560 |
| UWA Business School |
MBA (Intensive): AUD 64,200 |
| ANU Business School |
MBA: AUD 68,040 |
| UTS Business School |
EMBA: AUD 66,744 |
| RMIT School of Business | EMBA: AUD 73,440 |
| UniSA Business School |
International MBA: AUD 71,800 |
| La Trobe Business School |
MBA: AUD 63,000 |
| Victoria University |
Global MBA: AUD 66,800 |
Also Read: 12 Most Affordable MBA Colleges in Australia
Scholarships/Financial Aid for MBA in Australia
The biggest challenge aspirants face while planning to study abroad is arranging for funds. Getting a loan is one of them. However, not all students are eligible to get an education loan. Most of the universities in Australia do not offer tuition fee waivers or financial assistance for a professional degree like MBA. Therefore, students often look out for scholarships to fund their education. It is also important that students should always take care of the eligibility criteria and different types of costs covered in the scholarship they are awarded.
Some of the popular scholarships for pursuing an MBA in Australia are:
- Central Sector Scheme of National Overseas Scholarship for SC etc. Candidates: Through this scheme, financial assistance is provided to the selected candidates who wish to pursue master 's-level courses abroad. This scholarship is for all country applicants except for the UK.
- Dr Abdul Kalam International Undergraduate Scholarship- Engineering Honours & Information Technology: This fellowship is offered in memory of Dr APJ Abdul Kalam who was presented with an Honorary Doctorate of Engineering from the University of Sydney. It is awarded to students pursuing bachelor's or master's level courses.
- Deakin India 10 per cent Bursary- MBA: It is a need-based scholarship that is awarded to students who want to pursue a master's level degree. Students are not required to apply separately for this scholarship; they are automatically considered for it while applying for admission to different courses.
- Macquarie University Tuition Fee Grants for Indian Students—MBA: This scholarship is awarded to students who wish to pursue a master 's-level course. The candidate must have three years of work experience to qualify for this scholarship.
MBA in Australia Salary (Top career options after MBA in Australia)
Demand for MBAs is high across the globe and employers are ready to pay handsomely if you have the right skill and talent. MBA graduates are among the best paid in the world. Due to their high demand amongst multinationals and the excellent reputation of B-schools in Australia.
Top industries offering MBA jobs:
- Financial Services
- IT/Computer Services
- Consulting/Professional Services
- Education
- Manufacturing/Engineering
Read: MBA v/s MIM
Skill Shortage List
According to the Skilled Occupation List (SOL) released by the Department of Immigration and Border Protection (DIBP) of Australia, if your occupation features on the shortage list, then you have a better chance of getting the Australian Visa. However, you still need to fulfil the other visa requirements. If you are under 45 and possess 6-7 years of professional experience, you can also get an Australian visa even if you cannot pass the points test.
Work Visa after MBA in Australia
The post-study work visa in Australia is issued to international students who have recently graduated from an Australian institution. This visa allows the holder to stay, work and study in Australia temporarily after completing his education. Students can get a temporary Graduate visa (SUBCLASS 485) as the primary applicant.
This Temporary Graduate visa has two streams:
- The Graduate Work stream
- The Post-Study Work stream
- Post Vocational Educational stream
The main applicant covered by the application needs to be present in Australia when applying for a visa and also when his/her visa is decided.
Further, the applicant's qualifications must relate to an occupation listed on the occupation skilled list for getting the Graduate Workstream visa. In this category, the visa holder is allowed to stay for 18 months.
Apart from this, the applicant must have a higher education degree to acquire the Post-Study Work stream visa. In this category, the visa holder is allowed to stay between two and four years.
Check: Life after MBA from Australia: Placements and Job Prospects
Prospective students can contact our team of study abroad experts for more information about eligibility fulfilment based on entry requirements or the application process. Sign up here for free - Shiksha Abroad Counselling.
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Visa applicationYes, you can go to Australia with a 6-band equivalent in PTE — but it depends on what you're applying for (student visa, work visa, or permanent residency) and what “6 bands” refers to.
If "6 Bands" is referred to as IELTS bandscore equivalent, then an overall IELTS score of 6.0 is roughly equal to a? PTE Academic score of about 50–58.
This allows you to go on a Australian Subclass-500 student visa which require a minimum PTE score 50. However, this score may not be suitable for admissions to many top Australian universities as they require a minimum PTE score of 65.
Melbourne Institute of Technology Australia (MITA) is largely regarded as one of Australia's top institutions. It has a solid reputation in engineering, business, and science.
To begin with, Melbourne Institute of Technology Australia provides a world-class education with an emphasis on hands-on learning. You will be able to gain practical knowledge and abilities in a range of disciplines. Furthermore, the institution provides a wide range of courses and programmes that will provide you with the skills and knowledge required for a successful profession.
Second, the university is well-known on a global scale. It has the highest graduate employability rate in Australia. This is due to the great level of education and possibilities provided by the university to its students.
Third, the university boasts a broad and vibrant culture. While learning, you will be able to pursue your hobbies and meet like-minded people. This will aid in the development of your professional chances and the formation of strong relationships that will continue long after you graduate.
Fourth, the institution provides a wide range of facilities and services to make your studies more pleasurable and productive. You will be able to locate
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Comments
(30)
3 years ago
P
3 years ago
K
4 years ago
P
4 years ago
Hi Kyameliya, usually universities prefer candidates with 3-4 years of work experience, however, you can check the entry requirements of the universities offering MBA in Australia and apply accordingly: https://studyabroad.shiksha.com/australia/mba-colleges-dc
K
5 years ago
P
5 years ago
Hi Kishore, duration of a master's course can vary from a school to school. Please refer to the below link and learn more about the Supply Chain courses offered by the universities in Australia: https://studyabroad.shiksha.com/australia/universities/sydney-business-school/master-of-science-logistic
The minimum PTE scores required to get admitted to the Australian universities range from 50 to 58. Note that these scores do not confirm admission to a university and the decision lies solely on the university admissions team.