MBA in Australia for Indian Students

Australia is a land of opportunity and educational excellence. Its state-of-the-art infrastructure, top-notch degree and short-term courses, and student-friendly environment makes it a preferred study-abroad destination. Apart from the Group Eight universities, the island nation is packed with some of the leading academic institutions offering quality education across domains. While there is a multitude of courses offered by these universities, it is an MBA in Australia for Indian students that is a commonly chosen option. There are many other reasons to pursue an MBA in Australia for Indian students, let’s discover them through this blog!

Category	Details
Name of the Course	MBA in Australia
Course Level	Postgraduate Course
Duration	1-2 Years
Basic Eligibility	Bachelor’s degree along with required entrance exams
GMAT or GRE	Yes, Required
IELTS/TOEFL	Yes, Compulsory
Annual Tuition Fees	INR 11- 20,00,000
Job Profiles	Manager, Analyst, HR, Finance Manager, Marketing Manager, Banks

Types of MBA in Australia

Be it for national students or international students, Australia offers MBA degrees in the below-mentioned formats-

• Full-time MBA
• Executive MBA
• Online MBA
• Distance Learning MBA

Why Study MBA in Australia?

MBA in Australia for Indian students is now a popular concept considering the international recognition of the Australian MBA course structure and the universities. Here are some of the reasons which make it an ideal place to study MBA:

• Many types of MBA courses have been accredited by international bodies like AACSB.
• The affordable price makes it an attractive option for students.
• The flexibility of Australian universities allows students to work as well as study in Australia for better exposure.
• You can choose from a range of specialisation options.
• The cultural diversity among the students in Australian universities makes them a desirable place for MBA for Indian students.

Popular MBA Courses 

There are a variety of MBA options available in Australian Universities for Indian students. Given below is the list of some popular MBA programs:

MBA in Marketing	MBA in Finance	MBA in Digital Marketing
MBA in Insurance & Risk Management	MBA Operations	MBA in Productions
MBA Healthcare Management	MBA in International Business	MBA in Logistics and Supply Chain Management
MBA in Banking	MBA in Interior Designing	MBA in Airport Management
MBA in Information Technology	MBA in Aviation Management	MBA in Agribusiness
MBA in Entrepreneurship	MBA in Power Management	MBA in Material Management
MBA in Media Management	MBA in Data Analytics	MBA in Agriculture
MBA in Energy Management	MBA in Communication	MBA in HR
MBA in Logistics	MBA in Computer Science	MBA in Pharmaceutical Management

Top Universities

While all the colleges for MBA in Australia for Indian Students are at par in terms of facilities and academic structure, let us have a look at some of the top colleges for the same: 

University	QS Global MBA Ranks 2023	MBA Cost
The University of Melbourne	33	AUD 89,000 [Total]
University of New South Wales	45	AUD$86,000 [Total]
Monash University	57	AUD 44,000
The University of Queensland	=50	AUD 80,000
The University of Western Australia	90	AUD 40,000
Macquarie University	=195	AUD 59,000
Australian National University	30	AUD 47,000
Deakin University	266	AUD 29,000
RMIT University	=190	AUD 37,000

Note: The fee is for indicative purposes. It can vary based on the course duration, annual/total cost, and at the discretion of the university. To know more, contact the experts at Leverage Edu.

Intakes in Australia

There are mainly 3 phases of intakes in Australia throughout the year when intakes are done regarding MBA in Australia for Indian students. They are:

• February
• July
• November 

MBA in Australia: Eligibility Requirements

The Australian universities offering MBA programs provide an opportunity of learning to individuals from different backgrounds. You are given a chance to plan and consult different professionals to understand genuine business concerns. This enables a platform where you get a feel of how the corporate world works, which is one disadvantage that you might otherwise face if you lack prior experience. Enlisted are the requirements for pursuing MBA in Australia for Indian students:

• You must hold a bachelor’s degree in any field.
• Your final score in the undergraduate degree and your GMAT score are the most important components of your admission process. However, this can vary. For example, in the case of lower grades in a bachelor’s degree, can be compensated with a good GMAT score and vice versa.
• Your extracurriculars, your SOP, LORs, your IELTS score, and your essays form the rest of the admission requirement.
• At least 2-3 years of work experience. However, some universities consider students with less or no experience too. The accredited MBA program, which is AMBA for short, requires work experience of at least 3 years. 

Documents Required

• Certificate of work experience in relevant industries
• Academic transcripts
• Certificate of English proficiency test that includes GMAT, TOEFL, IELTS
• CV/Resume
• SOP – Statement of purpose
• LOR – Letter of Recommendation
• Funding resources documents

MBA in Australia with Scholarship

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Your journey to MBA in Australia for Indian Students will be easier if you go on to applying for the following MBA scholarships in Australia- 

Scholarship	University Name	Awards
MBA Student Scholarship	University of Queensland	25% reduction in tuition fee
CEG Scholarship	University of Southern Queensland	20% waiver in tuition fee
MBA (Global) Scholarship	Curtin University	20% waiver in tuition fee
USQ Scholarship	University of Southern Queensland	20% waiver in tuition fee
MBA Global International Student Scholarship	University of Newcastle	2,500 AUD
Curtin International Scholarship	Curtin University	25% of the tuition fee for the first year
MBA International Scholarship	Curtin University	15,000 AUD
India Global Leaders Scholarships (Business, Economics & Law)	University of Queensland	5,000 UD – 20,000 AUD

Apart from the above ones, here are some other MBA Scholarships-

• ANU Research School Of Management Master Of Business Administration Scholarship 2021 by Australian National University
• SEMBA Class Of 2003 Scholarship by the University of Melbourne
• Dean’s Scholarship For Women And Management 2021 by the University of Melbourne
• Monash MBA International Excellence In Leadership Scholarships In Australia, by Monash Business School
• Curtin University MBA International Student Scholarship by Curtin University

Cost of MBA in Australia for Indian Students

When you decide on an MBA in Australia for Indian students, one of the most important things to be kept in mind is the cost involved. There are other requirements which must be taken care of apart from the tuition fees. If we consider the overall expenditure of personal expenses, transportation, insurance, hostel and meals, the figure comes to approximately AUD 20, 700 (INR 11,65,420). 

Cost of Living in Australia

Based on residence type, region, and personal lifestyle, the cost of living in Australia ranges from 18,000 to 46,080 AUD (9 to 25 lakhs INR). The table below provides a breakdown of the cost of living in Australia:

Expense Type	Average Annual Expense (AUD)	Cost Equivalent (INR)
On Campus Accommodation	5,280 to 13,440	4.3 to 11 lakhs
Off-Campus Accommodation	8,880 to 21,120	7.3 to 17.3 lakhs
Phone and Internet	720 to 1,440	38,000 to 76,000
Groceries	6,720 to 13,440	3.5 to 11 lakhs
Public Transport	1,440 to 2,880	76,000 to 1.5 lakhs
Miscellaneous	3,840 to 7,200	2 to 3.8 lakhs
Total	18,000 to 46,080	9.56 to 24.47 lakhs (approx.)

Want help with Student Accommodations in Australia? Click here to find your home away from home!

Course Duration 

We all know that an MBA as a course is spread over 2 years. If you are considering pursuing an MBA in Australia, then you must know that in most universities, the course is between 15 months and two years. Recently, one-year MBA programmes have also been started in many universities, tabulated below is the course duration in some of the top universities in Australia. You can have a look here:

Name Of College/ University	Course Duration
Monash University	2 years
University Of Western Australia	16 months
Melbourne Business School	16 months
Australian National University	1.5 years
University Of Technology, Sydney	2 years
Macquarie University	1 year
University Of Canberra	2 years

Job Opportunities after MBA in Australia for Indian Students

With worldwide recognition, the universities offering MBA in Australia for Indian Students, draw up good job profiles and packages for its students. In comparison to the US, in terms of salaries, the universities of Australia fare better. In totality, the job sector in Australia looks good for those looking for opportunities to continue living after graduation in Australia. Listed below are the top job profiles for MBA graduates-

Job Role	Average Annual salary (AUD)
Marketing Manager	103,000
Senior Product Manager	202,000
Account Manager	50,000
Senior Business Analyst	120,000
Business Development Manager	121,000
Sales Consultant	82,000
Area Sales Manager	80,000
Operations Manager	98,000
Category Management	97,000
CEO	143,000

Read More About Part Time Jobs in Australia

Top Recruiters

Tabulated below are the major recruiters of MBA graduates in Australia-

Recruiters	Average Annual Salary (AUD)
Commonwealth Bank of Australia	84,000- 165,000
ANZ Banking Corporation	45,000- 225,000
Woolworths	123,000- 225,000
Telstra Corporation Ltd	126,000- 155,000
Westpac Banking Corp	66,00- 135,000
Allianz Global Investors	132,000
JP Morgan	158,000
Barclays	132,000
Fidelity Investments	133,000
HSBC Global Asset Management	107,000

MBA in Australia without GMAT 

The students who do not have a GMAT score can apply to the below-mentioned universities without any GMAT score- 

• ANU College of Business and Economics, Australian National University
• La Trobe University, Melbourne
• Faculty of Business and Economics, Monash University
• Sydney Business School, University of Wollongong
• Macquarie Graduate School of Management, Macquarie University
• Sydney Graduate School of Management, University of Western Sydney
• The University of Sydney Business School
• Australian Catholic University
• James Cook University, Townsville City
• Curtin University, Perth

Cheapest MBA in Australia for International Students

For all the students who are exploring the cheapest MBA in Australia for international students, there are ample options in the country. Many institutions and business schools in Australia offer MBA programs in the cheaper range. The average tuition cost for such programs is around INR 8,00,000- 12,00,000 for a year. Listed below are some of the universities offering the cheapest MBA in Australia for international students-

• Kaplan Business School
• Holmes Institute
• Charles Darwin University
• Edith Cowan University
• Victoria University
• Central Queensland University
• Federation University
• University of Southern Queensland
• IIBIT

Visa for MBA in Australia

Here are the details related to students as well as work visas for Australia-

Student Visa 

Once the students have received admission from the university in Australia, they can apply for a student visa. Here are the documents that you may need- 

• Academic and work experience documents
• Evidence of English proficiency by submitting IELTS/TOEFL scores
• A valid passport
• Visa application fee
• Your Genuine Temporary Entrant (GTE) statement
• Statement of purpose
• Passport-size photographs
• Evidence of financial ability to pay for tuition fees, living expenses, expenses for dependents, return airfare, etc.
• Health insurance policy or OSHC
• Proof of enrollment or Confirmation of Enrollment (COE)

Work Visa

After completing the MBA course in Australia, students can apply for a work visa. Here are the documents required for the work visa- 

• Health Insurance
• Skills assessment results from an authentic authority
• Evidence of English Language Proficiency (IELTS/TOEFL)
• Educational Employment Documentation
• If intimidated about selection, Indian students must apply within 60 days. 
• Sponsorship or nomination if applying for a sponsored visa
• 65 points must be scored according to the Australian points-based system. The higher the score, the higher the chance of selection

FAQs

We have provided you with all the information for MBA in Australia for Indian students. It is natural to have doubts and queries about the possibilities of education abroad. In case of further questions or doubts, you can consult the study abroad experts at Leverage Edu who can guide you through the entire process, helping you move closer to your dream university!