MBA in Australia for Indian Students

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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 a student-friendly environment makes it a preferred study 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!

Highlights

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 degree in the below-mentioned formats-

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:

  • There are many types of MBA courses that 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 amongst the students in Australian universities makes it a desirable place for MBA for Indian students.
Why Study in Australia

There are a variety of MBA options available in the 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 2021 MBA Cost
The University of Melbourne 26 AUD $89,500 [Total]
University of New South Wales 41 AUD$86,400 [Total]
Monash University 73 AUD $44,000
The University of Queensland 99 AUD $80,808
The University of Western Australia 101-110 AUD $40,000
Macquarie University 121-130 AUD $59,700
Australian National University 121-130 AUD $47,880
Deakin University 151-200 AUD $29,000
RMIT University 151-200 AUD $37,440

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: 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 is the most important components for your admission process. However, this can vary. For example, in the case of lower grades in a bachelor’s degree, it can be compensated with a good GMAT score and vice versa.
  • Your extracurriculars, your SOP, LORs, 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. 

MBA in Australia with Scholarship

Your journey of 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 University of Melbourne
  • Dean’s Scholarship For Women And Management 2021 by 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 approximately around AUD 20, 700 (INR 11,65,420). 

Course Duration 

We all know that an MBA as a course is spread over a time span of 2 years. If you are considering to pursue an MBA in Australia, then you must know that in most of the universities, the course is between 15 months to 2 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 
Courtesy: Harnoor Singh

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. The Melbourne Business School had a reported 88% placement record for the academic year 2013-14. In comparison to the US, in terms of salaries, the universities of Australia fare better. The tourism and real estate industries are growing and have tons of job opportunities for candidates. The business houses of Australia are on the rise and prefer specialized candidates for specialized job roles. Hence, pursuing a specialized branch during your MBA is beneficial. 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-

  • Business Analyst
  • Recruitment Manager
  • Marketing Manager
  • Senior Product Manager
  • Regional Sales Manager
  • Risk Manager
  • Employee Relations Manager
  • Management Consultant
  • Sales Consultant
  • Business Development Manager
  • Project Management
  • General Manager
  • Operations Manager

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
  • University of Southern Queensland

Visa for MBA in Australia

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

Student Visa 

Once the students have received admit 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 is the chance for selection

FAQs

How much does an MBA cost in Australia?

The average fee for pursuing MBA in Australia is around 15,00,000-20,00,000. To seek some relaxations on the fee, you can apply for a scholarship.

What is the cheapest MBA in Australia?

There are many universities in Australia that offer comparatively cheap MBA programs. The average tuition fee of such programs is around INR 8,00,000- 12,00,000 per year.

What is the cheapest university in Australia for international students?

Here is a list of institutions offering offering cheap MBA in Australia-
Kaplan Business School
Holmes Institute
Charles Darwin University
Edith Cowan University
Victoria University
Central Queensland University
Federation University
University of Southern Queensland

Which country is cheapest for MBA?

Australia, Canada, New Zealand, Germany, South Africa, Finland are counted amongst cheapest countries for MBA.

Is MBA from Australia worth it?

Australia is one of the topmost destinations for pursuing an MBA. Considering the academic excellence the country possess along with life-changing career opportunities in a bunch of fields makes it totally worth it pursuing an MBA in Australia.

How much an Indian can earn in Australia?

Once you complete an MBA degree in Australia, you may tend to earn the following salary AUD 85,000- 120,000 (INR 48,00,000-67,00,000)

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 experts at Leverage Edu who can guide you through the entire process, helping you move closer to your dream university!

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2 comments
  1. Hello , my self Kamal petkar, I am looking for MBA program with low ielts band is it possible to get . Kindly help me to get admission in MBA program.

    1. Hey Kamal!

      Please get in touch with our experts through this number-1800572000 and find out all the necessary requirements and preparation tips for an MBA degree! All the best!

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