Part-Time MBA in Australia for Indian Students

Australia is one of the most popular places for international students, and its people are renowned for their diversity and friendliness. When you study in Australia, you will have the opportunity to receive an excellent education from world-class universities. Because of Australia’s unparalleled history of invention, your chances of success are virtually limitless. Employers throughout the globe seek Australian graduates, particularly those who graduated in STEM courses and degrees like MBA or part-time MBA. For those aspiring to pursue a part-time MBA in Australia, here’s a blog that will enlighten you with all the right information. 

Course Name	MBA
Course Type	Part-Time Masters Program
Country	Australia
Course Duration	1.5 years to 2.5 years
Average Cost of Study	INR 28 lakhs – INR 48 lakhs
GMAT/GRE	Required
IELTS/TOEFL	Required
Work Experience	Minimum of 2-4 years
Visa Duration	Usually between 2 – 4 years

Why Study MBA in Australia 

The Australian education system provides unrivalled technology, cutting-edge research facilities, and greater employment opportunities that are both commendable and a student’s dream. There are several benefits to completing a part-time MBA in Australia, including:

• When you study management in Australia, you will receive a high-quality, globally recognised degree that will help you progress your career at home or abroad. There are several internationally recognised MBA and part-time MBA programmes in Australia, many of which are accredited by the AACSB and EQUIS.
• The MBA programmes in Australia allow international students to gain experience by engaging in an internship with a local business or an international exchange or study tour.
• MBA programmes in Australia include practical and academic learning, with a focus on enhancing communication, interpersonal, and leadership skills. In Australia, courses encourage innovation and independent thinking.
• Because of Australia’s multiculturalism, you’ll have the opportunity to study among students from many nationalities, giving you a broad cultural perspective on management. 
• You’ll also get the chance to learn in an environment that blends Eastern and Western business and management perspectives.
• Friendly visa regulations for overseas students studying in Australia are very important in luring international students.

Benefits of Part-Time MBA 

If you are still confused about whether or not to pursue a part-time MBA in Australia, then here are some of the most renowned and proven benefits of pursuing a part-time MBA degree for aspirants: 

• A Part-time MBA enables aspirants to change or diversify their career paths.
• It enables them to grow in their existing career paths.
• It easily increases the earning capacity of aspirants allowing them to fetch better opportunities and job prospects.
• Even if the language of teaching differs, the curriculum and course structure are same, making a part-time MBA similar to a full-time MBA.
• In comparison to a full-time MBA, the duration and timings of a part-time MBA are far more flexible. Many part-time MBA programmes allow you to use online resources, allowing you to choose your own schedule and attend classes when it is convenient for you.
• A part-time MBA allows you to work while pursuing your education. In many circumstances, your employer may urge you to take such a course so that you may develop in your profession, improve your skills, and qualify for the next level.
• Admissions to a full-time MBA programme are subject to a number of severe requirements, including an entrance exam. When you have work experience, getting into a part-time MBA programme is substantially easier than getting into a full-time MBA programme as it has flexible eligibility and admission requirements.

Top MBA Programs to Study in Australia 

Some of the highly renowned and specialized full-time and part-time MBA in Australia are as follows:

• MBA in Accounting and Finance
• MBA in Sports Management
• MBA in Event Management
• MBA in HR
• MBA in Hospitality Management
• MBA in Information Technology
• MBA in International Business
• MBA in Entrepreneurship

Universities Offering Part-Time MBA in Australia

Here are some world-class and highly renowned universities that are offering part-time MBA in Australia to aspirants along with their program duration and intakes offered by the universities: 

Universities	Duration of the Program	Intakes
The University of Melbourne	24 months	January, March, June, September
Macquarie University	48 months	January, March, June, September
Deakin University	24-36 months	March, July, November
The University of Sydney	30 months	February, August
Queensland University of Technology (QUT)	36 months	March, September
University of Technology Sydney	48 months	February, July
University of Tasmania	36 months	February, July
La Trobe University	36 months	March
The University of Queensland	24 months	January, July
Bond University	24 months	January, May, September

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Eligibility Criteria 

Although, the eligibility criteria for pursuing a part-time MBA in Australia varies from one university to another, given below is a general eligibility criterion that we have curated for aspirants to have a brief idea: 

• You must have completed a bachelor’s degree in any field from a recognized institution with the minimum marks specified by your chosen university.
• Valid and competitive GMAT scores (if asked by the university)
• English language proficiency score such as IELTS/TOEFL is also required to pursue part-time MBA in Australia.
• Work experience is advisable for applying for a part-time MBA in Australia and is rather preferred by top business schools for shortlisting the best candidates. Thus, having work experience of 2-3 years will surely prove beneficial in highlighting your profile from the rest of the candidates.

Document Checklist 

Enlisted below are some of the important documents that can be asked from you by the Australian universities when applying for a part-time MBA in Australia:

• Copy of past official transcripts and academic records 
• MBA essays 
• SOP
• LORs
• English Language Proficiency scores 
• Application form (duly filled and signed)
• Updated CV/Resume 
• Passport-sized photographs 
• Australian student visa 
• Loan papers (if applicable)

Here’s a List of Important Documents Required to Study Abroad

Cost of Studying Part-Time MBA 

The table given below highlights the average estimated tuition fees of pursuing a part-time MBA in Australia at some of the top universities and business schools:

Universities	Average Estimated Tuition Fees in AUD	Average Estimated Tuition Fees in INR
The University of Melbourne	77,400	41.09 lakhs
Macquarie University	80,000	42.4 lakhs
Deakin University	51,600	27.3 lakhs
The University of Sydney	85,000	45.1 lakhs
Queensland University of Technology (QUT)	62,400	33.1 lakhs
University of Technology Sydney	76,128	40.4 lakhs
University of Tasmania	62,000	32.9 lakhs
La Trobe University	54,300	28.8 lakhs
The University of Queensland	80,808	42.9 lakhs
Bond University	56,373	29.9 lakhs

Cost of Living in Australia 

Take a look at the breakdown of average living expenses on a weekly basis for international students while pursuing part-time MBA in Australia: 

Cost Type	Average Expense per Week (in AUD$)	Average Expense per Week (in INR)
Accommodation	100 – 300	5k -16k
Recreation	80– 150	4k – 8k
Course-related expenditure	15– 20	800 – 1k
Food/Groceries	140 – 280	7k– 5k
Utilities	10– 20	500 – 1k
Transportation	30– 60	2k – 3k

Note: The aforementioned expenses and costs are only indicative and average estimates. These costs can vary as per the city, university as well as course and other related factors. You can check your cost of living in Australia as an international student with help of our amazing Cost of Living Calculator!

Post Study Work Visa in Australia

An Australian work visa is available to international students who have just graduated from an Australian university. Students are allowed to live, work, and study in Australia for a limited time after completing their part-time MBA courses. Students can only apply for a Temporary Graduate visa (SUBCLASS 485) once as a principal applicant. This Temporary Graduate visa is divided into two categories:

• The Graduate Work stream
• The Post-Study Work stream

The principal applicant must be present in Australia both when applying for a visa and when it is granted. Furthermore, the applicant’s qualifications must relate to one of the occupations on the occupation skilled list in order to be eligible for the Graduate Work stream visa. The visa holder in this category is allowed to stay in the country for 18 months. A higher education degree must be the applicant’s qualification for getting the Post-Study Work stream visa. The visa holder in this category is permitted to stay for 2 to 4 years.

Career Opportunities and Salary Trends 

After completing your part-time MBA in Australia, you may apply for positions anywhere in the world as well as in Australia, because any type of MBA from Australia is worldwide recognised. Students who graduate with an MBA from Australia are often hired in mid-level management jobs. The following table displays the average annual salary given to MBA graduates in Australia by industry:

Job Prospects	Estimated Average Salary in AUD  (annual)	Estimated Average Salary in INR (annual)
Accounting Manager	170,000	90.2 lakhs
Financial Manager	182,000	96.6 lakhs
General Manager	143,000	75.9 lakhs
Business Development Manager	145,000	76.9 lakhs
Assistant BD Manager	125,000	66.3 lakhs
Project Manager	118,000	62.6 lakhs
HR Manager	106,000	56.2 lakhs
Development Manager	123,000	65.3 lakhs

FAQs

Here are the Top 5 Highest Paying Part-Time Jobs in Australia

Confused about where to start your part-time MBA in Australia? Don’t waste any more time and get in touch with an expert at Leverage Edu on 1800572000. Their excellent mentorship and counselling will help you to kickstart your MBA journey in Australia in no time!