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MBA in Australia Without GMAT: Australia has emerged as an academic hub for MBA aspirants across the globe seeking to capitalise on the lucrative opportunities Australia has to offer. Australia is not only renowned for its world-class business schools but also for its attractive work opportunities, scholarships, facilities, and other benefits for international students. That being said, MBA graduates from Australian Universities get the second-highest salaries in the world. In the Asia Pacific region, they are, in fact, the highest-paid MBA graduates. Another significant aspect of these Australian Universities is that several of them accept applicants without GMAT scores. These universities, along with many others worldwide acknowledge that GMAT may not necessarily be the best indication of an applicant’s aptitude for an MBA. This view is very popular in Australia and applicants without GMAT scores are accepted by several well-known, well-ranked universities including Monash University and Macquarie University. Read the entire article to know more about MBA in Australia without GMAT.
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How to Pursue an MBA in Australia Without GMAT
Today, many Australian universities have begun to accept MBA applications without GMAT scores. This shift in paradigm has been possible simply because most Australian business schools have realised that the GMAT doesn’t fully encapsulate an applicant’s potential and should not be the only metric to gauge an individual’s aptitude and academic prowess in the fields of business and management. In fact, the capacity for business leadership can be demonstrated in various other ways. Some of the best ways you can apply for a MBA course in Australian without having GMAT scores are great academic track record, professional accomplishments, leadership experience and and so on. These elements can offer a comprehensive view of an applicant’s suitability for an MBA programme. That being said, the basic requirements to get admission to MBA colleges in Australia that are ready to give admission without GMAT scores are:
- A minimum score of 65% in your bachelor’s degree
- Work experience of 2 -3 years
- 2 to 3 Letters of Recommendation
- 1 to 2 page SOP focusing on your motivation to study in Australia
- An updated resume
- TOEFL or IELTS scores as proof of English proficiency
Top 5+ Business Schools offering MBA in Australia Without GMAT
Following are some of the popular universities offering MBA in Australia without requiring GMAT scores:
| Business School | Parent University | Fee per annum |
| Monash Business School | Monash University | AUD 35,000 |
| Macquarie Graduate School of Business | Macquarie University | AUD 27,200 |
| Deakin Business School | Deakin University | AUD 32,800 |
| La Trobe Business School | La Trobe University | AUD 39,400 |
| Adelaide Business School | University of Adelaide | AUD 50,000 |
| University of Sydney Business School | University of Sydney | AUD 54,000 |
Best MBA Courses in Australia Without GMAT
Other than selecting the best suitable college for your abroad study, it is also important to choose beforehand the modules you are going to pursue. Here is a list of some of the most popular MBA courses in Australia:
- Accounting
- Accounting and Finance
- Information Technology
- International Business
- Innovation and Entrepreneurship
- Banking
- Finance
- Sports Management
- Hospitality Management
- Human Resources Management
Also Read: MBA in Australia for Indian Students
MBA Intakes Timeline
The intakes for MBA Programmes in Australia take place between October-December every year. It is of utmost importance that the students stay ready with all the necessary documents before the due date of admission. Other than accessing facilities like scholarship applications, aspirants are also allowed to shortlist more than one university. To submit their English language test scores, the aspirants are advised to take their IELTS/TOEFL exams beforehand during April or May.
Eligibility Criteria for MBA in Australia Without GMAT
To qualify the conditions put forward by the Australian Universities, the applicant must be eligible as follows:
- Australian MBA programs accept 3-year Bachelor’s degrees which are similar to B.Sc or B.Com.
- The aspirants need to have a minimum of 2-3 years of work experience to apply for MBA in Australia.
- Applicants are required to submit their English language proficiency test scores for admission.
Documents Required
International Students require a comparatively different set of documents when applying for Australian Universities. Here is a list of all the documents which are advised to be submitted before the fourth deadline of the application process.
- Academic Transcripts
- Referee Reports
- Proof of Identify
- GMAT Official Score Report
- Video Interview
- English language certificate
Also Read: List of Important Documents Required to Study Abroad
Cost of Study
According to the QS Rankings 2023, here is a list of the top universities in Australia which offer an MBA without GMAT along with their respective tuition fees.
| University | QS Rank | Tuition Fee per year |
| Monash University | 37 | AUD 35,000 |
| RMIT University | 190 | AUD 45,000 |
| University of Technology Sydney (UTS) | 137 | AUD 23,220 |
| Macquarie University | 195 | AUD 27,200 |
| Deakin University | 350 | AUD 32,800 |
| Curtin University | 193 | AUD 45,640 |
| University of Adelaide | 109 | AUD 48,500 |
| Griffith University | 300 | AUD 43,000 |
| University of South Australia | 363 | AUD 39,600 |
| University of Wollongong | 162 | AUD 61,416 |
| La Trobe University | 316 | AUD 37,000 |
Also Read: Cost of Studying in Australia
Cost of Living in Australia
On average, a student in Australia is bound to incur the following as their monthly expenses.
| Expense | Amount |
| Accommodation | AUD 850 – 1,000 |
| Amenities | AUD 500 – 550 |
| Transport | AUD 200 – 250 |
| Others | AUD 250 – 350 |
| Total | AUD 1,800 – 2,150 |
You can also calculate your estimated monthly expenses abroad easily with the Leverage Edu Cost of Living Calculator.
Job Opportunities after MBA in Australia
Being one of the most sought after countries in the world for MBA aspirants, there are lucrative opportunities for international students with positive factors such as course, fees, accommodation, travel expenses, and research for the project work. A few of the most popular job designations in Australia for an MBA graduate are:
| Job Profile | Average Annual Salary in Australia |
| Account Executive | AUD 75,000- 95,000 |
| Business Consultant | AUD 1,10,000-1,30,000 |
| Business Development Manager | AUD 95,000-1,15,000 |
| Finance Manager | AUD 1,20,000-1,40,000 |
| General Manager | AUD 1,40,000- 1,60,000 |
| Sales Manager | AUD 95,000-1,16,000 |
| Program Manager | AUD 1,68,500 |
| Product Manager | AUD 1,36,000 |
| Operations Manager | AUD 1,25,000 |
| Marketing Manager | AUD 1,00,000-1,20,000 |
| Industry Specialists Manager | AUS 107,200 (INR 56.88 Lakhs) |
| Entrepreneur | NA |
Also Read: Top 5 Highest Paying Part-Time Jobs in Australia
FAQs
The top 5 MBA schools in Australia offer MBA programs costing up to AUD 90,000.
GMAT scores are not always necessary for admission into Australian business schools. The GMAT test score is valid for up to 5 years and aspirants can register for the GMAT as and when required.
Some of the top MBA courses can be pursued in the following colleges in Australia:
> MGSM Macquarie Graduate School of Management
> Melbourne Business School (MBS)
> University of New South Wales – Australian Graduate School of Management
> University of Sydney
> The University of Adelaide -Adelaide Graduate School of Business
> University of South Australia-Business School
If you are planning to skip your GMAT and apply directly for MBA at an Australian University, we have the right services that can help you achieve your Australian dream. Our experts at Leverage Edu are ever ready to assist you through the entire application process.
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