Know the Top Business Schools in Australia

4 minute read
Know the Top Business Schools in Australia

Business has always been a popular choice of course among students. Many students wish to pursue business programs, whether it is undergraduate or postgraduate programs. Business programs and courses are highly recognised across the globe. Now the question comes of “where” to study business courses. Australia is highly preferred by international students to pursue a business course. Many top business schools in Australia add value to the selection process for students.  

Why Study in Australia?

There are plenty of reasons why an individual prefers to study a business program in Australia. Given below is the list of those reasons:

  • Australian universities provide top-quality education to international students and they are valued and recognized around the world
  • Studying abroad in Australia will provide you with an incredible experience and will allow you to build global networks
  • Studying in Australia can help you gain work experience from the leading companies in the world
  • It offers multiple job opportunities in various sectors including multinational companies, non-governmental organizations (NGOs) as well as startups
  • The Australian education system is globally recognized and will enhance your chances of employment

Top Rankings Business Schools in Australia

The following are the top-ranking business schools in Australia:

Business SchoolsQS World Ranking 2023
Melbourne Business School33
New South Wales Business School45
Monash Business School57
Macquarie Business School195
UQ Business School50
UWA Business School90
ANU College of Business and Economics30
UniSA Business School363
UTs Business School137
Sydney Business School185

Must Read: Top Business Schools in Canada

Eligibility Criteria 

The following are the eligibility criteria for admission into an Australian University:

  • To pursue a bachelor’s degree in Australia, an applicant must have an aggregate of 65% in their 10+2 education
  • To pursue a master’s degree the candidate must have completed their bachelor’s degree with a 3-year long graduation system. Some universities may require an honours degree equivalent to an Australian Bachelor (Honours) Degree or 16 years of education. 
  • To apply for a master’s program you may be asked to qualify for an entrance exam like GMAT or GRE.

Documents Required

The following are the documents you will require to pursue your education in Australia:

Application Process

The application process takes place over a period of time and begins months before the commencement of classes. The universities have two main intakes known as the fall intake and winter intake for international students to kickstart their journey. You can call our Leverage Edu experts on 1800 572 000 to find out how the application process can be fast-tracked and streamlined!

Here’s an easy 5-step process to complete your application process to pursue business courses in Australia

  1. Call our experts on 1800 572 000 to shortlist your favourite universities and courses. Start your application to multiple universities through our one-dashboard platform
  2. Compile all your documents like SOPs, essays, certificates, and LORs and exam scores like IELTS, TOEFL, GRE, GMAT, etc
  3. Meet all the application deadlines and start the application process for accommodation, students visa, and scholarships/student loans
  4. Accept the offer letter and meet your teachers, college mates and roommates virtually
  5. Get your visa approved and fly to your dream university.

Also Read: Study in Australia

Visa Requirements 

As an international student you will be needing the following documents to apply for your Australian Visa:

  • Letter of Acceptance or Enrollment from your institution
  • A valid passport
  • Passport Size photographs
  • Proof of submission of your visa application fees
  • Official academic documents
  • Proof of your English Language Proficiency
  • Evidence of your financial ability to support your education and expenses abroad
  • Details of your health insurance policy

Cost of Living in Australia

The average cost of living in Australia is AUD 1,400 – 2,500 or INR 72,349 – 1.29 Lacs per month. However, this cost will vary depending on the city of your stay. The following are the cost of basic amenities in Australia:

Category Cost per MonthIn INR
RentAUD 750-1,70038,758 – 87,852
Basic UtilitiesAUD 20010,335
Food and BeveragesAUD 500-10025,839 – 51,678
Transportation AUD 30-701,550 – 3,617
ClothingAUD 35018,431

Want to study abroad but are worried about expenses? Let Leverage Finance help you!


What is the average cost of living in Australia?

The average cost of living in Australia is AUD 1,400 – 2,500 or INR 72,349 – 1.29 Lacs per month. However, this cost will vary depending on the city of your stay.

What are the top business schools in Australia?

Melbourne Business School, Monash Business School, and Macquarie Business School are some of the top business schools in Australia.

Do I have to give an entrance exam for admission into a business school?

Depending on the type of program and university you may be asked to take an entrance test like GMAT or GRE for admission into a business school

So, we hope that this blog has provided you with relevant information on top business schools in Australia. And if you pursue this course or any other course abroad, contact Leverage Edu for full assistance. You can also call us at 1800572000 and book a free session today!

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