Executive MBA in Australia for Indian Students

You are speeding at a decent 30 km/hr and expect to reach a destination in 3 hours. Now, if you push the accelerator harder and increase the speed to 60 km/hr, you reach the destination in less than two hours! This is exactly what an Executive MBA in Australia for Indian students would do. It is an accelerator that will help you push your current managerial job to top-level management. MBA in Australia is a popular program but an Executive MBA in Australia is different from an MBA. Let’s delve into exploring everything you need to know about this course.

Program	Executive MBA
Program Type	Full-time, Part-time
Program Duration	1-2 years
Eligibility Criteria	Undergraduate degree with a minimum overall aggregate of 65-70% | At least five years of work experience in the field of management
English Proficiency Requirements	IELTS: 7.0 | TOEFL: 102
Tuition Fee Range	25,000 to 111,600 AUD (14.41 lakhs to 64.35 lakhs INR)
Average Salary	143,000 AUD (83 lakhs INR)
Top Employers	JP Morgan, Barclays, Woolworths, ANZ Banking Corporation, Allianz Global Investors, HSBC Global Asset Management

Must Read: Study in Australia: Comprehensive 2023 Guide

Why Study Executive MBA in Australia?

It is a 1-year course that you can pursue part-time (on weekends). Here’s why you should consider pursuing an Executive MBA in Australia:

• Employment opportunities: Australia has seen a growth of 3.8% in businesses in the year 2020-2021. More businesses mean more employment opportunities for you after completion of the course. 
• The correct set of skills– While pursuing this course, you get the chance to sit back and learn about the trending managerial techniques and skills which shoot up your knowledge. 
• Networking: A class full of like-minded executives from various industries learning how to grow. It is a golden networking opportunity! 

Check out the Top Universities for Executive MBAs in the UK!

Course Structure

If you are considering studying the EMBA programme in Australia, you should first look at the course structure of Executive MBA programmes in Australia.

• Course Duration: The Executive MBA programme in Australia lasts 12 to 24 months, exactly like any other master’s degree programme. Full-time, part-time, elective, and numerous supplementary courses and internship options are available at Australian universities for Executive MBA students.
• Content: The Executive MBA programme is a professional degree designed for high-performing professionals who wish to achieve their goals while minimising job disruptions. Financial management, financial accounting, leadership, marketing, data analysis, global business economics, and other topics are covered in the course.
• Alternative: Alternatives to an Executive MBA in Australia include Operations Management, Human Resource Management, Global MBA, International MBA, MBA in Marketing Management, and many more.

Executive MBA in Australia: Specializations

In Australia, the Executive MBA is a postgraduate degree that can be completed in one to two years, depending on whether you choose the full-time or part-time option. Furthermore, the institutions provide a variety of programme options that allow you to specialise in finance, management, and business.

The following are some of the primary courses that are included in practically every Executive MBA programme in Australia:

• Financial Management and Accounting
• Marketing
• Data Analysis
• Business Strategy
• Managerial Economics
• Global Business Economics
• Strategic Consulting for Social Impact

Must Read: MBA in Australia Gaining Popularity Over the Years

Top Universities for Executive MBA in Australia

Business Schools in Australia have a reputation for creating leaders that have made a significant change in the world like Margeret Jackson, former chairman of Qantas Airways. Apart from their rankings, the duration of work experience required to do an Executive MBA in Australia is also important.

Universities in Australia	Duration of EMBA	Minimum Work Experience
University of Melbourne	18 months	5 years
University of New South Wales	2-6 years (part-time)	5 years
University of Sydney	18 months	10 years
Monash University	15 months	10 years
Bond University	20 months	8 years
The University of Technology Sydney	1 year	6 years
Western Sydney University	2 years	5 years

The minimum work experience has to be in a managerial position if you want to pursue an Executive MBA in Australia from these 7 universities.

Must Read: Best MBA Colleges in Australia: The Ultimate Guide!

Eligibility Requirements

The eligibility criteria for pursuing an Executive MBA in Australia for Indian students are as follows:

Eligibility Criteria	Minimum Requirement
Academic	Bachelor’s degree or master’s degree with a good graduation grade
Proof of English Proficiency	IELTS– 7.0, TOEFL– 96, PTE– 68
GMAT	Required only for certain universities
Statement of Purpose	A one-page essay stating why you are a great candidate for EMBA in a particular university
Letters of Recommendation	2
Work Experience	5-10 years in a managerial capacity

Documents Required

There are some additional prerequisites for Indian students seeking an executive MBA in Australia that must be met at the time of admission. Some of them are as follows:

• Academic Transcripts
• Proof of English language Proficiency Test
• At least 2 to 3 Letters of Recommendation
• Statement of Purpose
• Updated CV or Resume
• Personal Essay
• Work Experience
• Interview
• Proof of Financial Resources
• Australia Student Visa

Must Read: Eligibility for MBA

Application Process

The application process to study in Australia can be easily understood by the guide given below:

• Choose your university in Australia– Top MBA universities in Australia offer the Executive MBA program. You have a lot of universities to choose from- the University of Melbourne, Monash University, Bond University, etc. 
• Prepare for your entrance exams– Check the eligibility requirements for the Executive MBA in Australia for Indian students on the webpage or program brochure of your preferred universities. Prepare for your entrance exams like GMAT and English tests like IELTS/TOEFL before you apply to the universities
• Keep a check on deadlines– Multiple intakes in Australia allow international students to take admitted. Note down the deadlines and make sure that you submit your application within the deadline. 
• Attach all documents– Documents of identification, financial support, academic qualification and citizenship have to be attached as a requirement to study in Australia. 
• Post-application responsibilities– Once you apply for an Executive MBA in Australia, you can expect the university to take 4 to 6 weeks of processing time. In the processing period, you will be asked for an interview with the admission committee. If chosen, you can start looking for accommodations, scholarships and Australian Student Visa applications.

Cost of Study

EMBA is more academically valuable than an MBA, therefore the tuition fees are much higher. The tuition fees for the top universities that offer an Executive MBA in Australia for Indian students are given below:

Universities in Australia for EMBA	Tuition Fee (INR)
University of Melbourne	55.36 lakhs
University of New South Wales	46.49 lakhs
University of Sydney	37.97 lakhs
Monash University	60.24 lakhs
Bond University	51.59 lakhs
The University of Technology Sydney	35.67 lakhs
Western Sydney University	20.6 lakhs

Note: The cost of living also depends upon which city you study in Sydney, Melbourne, Brisbane etc. The cost of living in Melbourne is much high than the cost of living in Perth.

Cost of Living in Australia 

Apart from the tuition fees, the cost of living in Australia should also be considered before you decide to pursue this course. Here’s how expensive Australia can be for an Indian student:-

Type of Cost	Average Expenses (INR)
Accommodation	51,510 per month
Food	16074 per month
Transport	5563 per month
Internet	4283-10629 per month
Gas and Electricity	8023 per month

Searching for Student Accommodations in Australia? Click here to find a place to call home!

Scholarships for Executive MBA in Australia

In addition to tuition fees, students must cover the complete cost of travel and accommodation in Australia, which can be costly. The finest institutions in Australia provide numerous scholarships to assist students with their financial obligations. The following scholarships are available to international students in Australia:

Scholarship	Awarded by	Eligibility	Award Value
Monash University International Merit Scholarship	Monash University	Received an offer letter from Monash University	Up to $50,000
Sydney Scholars India Equity Scholarship	The University of Sydney	Applied for a postgraduate degree at the University of Sydney	Up to $60,000
Swinburne International Excellence Postgraduate Scholarship	Swinburne University of Technology	At least 60% GPA of Australian level	Up to 30% waiver of tuition fees

Must Read: MBA Scholarships in Australia

Job Opportunities and Salary 

It will equip you with modern management skills that guarantee you a promotion and a salary hike in the company that you currently work for. The main consequence of your Executive MBA degree in Australia is to skyrocket you to the c-suite which is also known as executive management. It is instrumental even if you wish to start afresh on your own. Global networking and strong industry connections will be your new venture and the initial boost it needs. Here’s the average salary per year of EMBA graduates:

Profession	Average Annual Salary (in AUD)	Salary for Indian Student (in INR)
Data Analyst	90,000	51.81 lakhs per annum
Chief Executive Officer	160,000	92.11 lakhs
Finance Analyst	108,000	62.17 lakhs
Business Process Analyst	130,000	78.84 lakhs
Operations Manager	85,000	48.93 lakhs
Inventory Control Manager	125,000	71.96 lakhs
HR Business Partner	113,000	65.05 lakhs

Top Recruiters

• Woolworths.
• Telstra Corporation Ltd.
• Barclays.
• Westpac Banking Corp.
• JP Morgan.
• HSBC Global Asset Management.
• Allianz Global Investors.
• Fidelity Investments.
• Commonwealth Bank of Australia.
• ANZ Banking Corp. 

Must Read: MBA in Australia for Indian Students

Executive MBA in Australia Without GMAT

To be considered for admission to an executive MBA programme in Australia without a GMAT score, you must submit a specified set of documents. The fundamental entry requirements are a bachelor’s degree and a GPA of 3.0 or above. Aside from that, documentation such as job experience, a statement of purpose, and a letter of recommendation will be given more weight in the admissions process than the GMAT score.

Here are some universities where you can apply without a GMAT score.

• Monash University
• Macquarie University
• Deakin University
• The University of Adelaide
• University of Sydney

Must Read: MBA in Australia Without GMAT

MBA vs Executive MBA in Australia

We often hear MBA and Executive MBA in Australia being confused about each other. Although EMBA is a variation of the MBA, the course, syllabus and eligibility are oceans apart. 

Category	Executive MBA	MBA
Nature	Part-time	Full-time
Duration	1-3 years	2-3 years
Average Work Experience	5+ years	3 years
The average age of Student	34-38	24-30
Average Tuition Fee	20-55 lakhs per year	31-80 lakhs per year
Return of Investment	38.5%	64%

FAQs

Wish to be a CEO like Sundar Pichai or Satya Nadella? An Executive MBA in Australia is just the course for you! Call Leverage Edu at 1800-572-000 and book your FREE 30-minute counselling session.