Monash University

Victoria, Australia

Public | Estd. 1958

Monash University

Melbourne, Australia

Public -1958

February, July, October

Intakes

40%

Acceptance Rate

22:1

Student: Teacher Ratio

43:5 : 56.5

Male: Female Ratio

February, July, October

Intakes

40%

Acceptance Rate

22:1

Student: Teacher Ratio

43:5 : 56.5

Male: Female Ratio

History, Affiliations and Rankings

Monash University was established by an Act of Parliament in 1958, and their first students began studying on their foundation campus in Clayton in 1961, becoming the first university established in the state of Victoria, Australia in over 100 years. It is also the second oldest university in the region. The growth from technology and science specialists to general university was rapid. It was accelerated by a merger with Chisholm Institute in 1990, which saw the Caulfield and Peninsula campuses become a part of the University. A year later the Victorian College of Pharmacy entered into a partnership with Monash that allowed the university to bring Parkville into its portfolio of campuses. Monash became the first Australian university to be approved to operate in China. After a partnership with Sichuan University faded in 2008, Monash continued to search for opportunities for growth in China. After months of negotiations, in 2012 Monash finally formed a landmark partnership with Southeast University (SEU) to open a joint graduate school. Monash University is affiliated with Group of Eight Universities, ASAIHL, World Health Summit, John Monash Science School, and Monash College. The university also ranks in the top 100 world universities in global league tables. QS World University Rankings 2022 and THE World University Rankings 2022 rank the university at #58 and #57 respectively. Additionally, Monash has been ranked #40 in the list of US News Best Global Universities Rankings 2022. 

Infrastructure, Campuses and Courses

Monash University is one of Australia’s largest universities with a presence on three continents along with international partnerships and study abroad programs across the globe. With campuses at Clayton, Caulfield, Peninsula, Parkville, 271 Collins Street and Law Chambers located in Melbourne’s legal district. Monash University also has learning centres in India, Italy, China, Malaysia and Indonesia. It is a truly international university with a first-of-its-kind alliance with the University of Warwick in the United Kingdom. Monash University courses are also delivered at other locations, including at Monash South Africa. The University offers around 200 programs in a variety of subjects, including Architecture, Engineering, Fine Arts, Music, Nursing, Business, Arts and Culture and more. Students can enhance their degree programs by selecting from a range of specializations, extended majors and minors across 10 study areas.  

Accomplishments and Alumni 

Monash University was ranked #1 in Australia in Reuters' Most Innovative Universities in Asia-Pacific 2019. In the late 1970s and 1980s, some of Monash's most publicized research came through its pioneering of in-vitro fertilization (IVF). Led by Carl Wood and Alan Trounson, the Monash IVF Program achieved the world's first clinical IVF pregnancy in 1973. In 1980, they delivered the first IVF baby in Australia. Monash’s Education has received national and international praise for its education, and 80% of its students find employment within four months of graduation according to the QILT Survey. With an alumni network of 130,000+ graduates around the globe, Monash alumni are creating an impact in multiple fields worldwide. The University’s famous alumni include the likes of Boity Thulo (South African TV Personality, Businesswoman, Model, Actress and Rapper) Alyssa Soebandono (Indonesian Actress and Singer) Joshua Tan (Australian Actor), Muhamad Faisal Manap (Singaporean Politician) and Nikolai Nikolaeff (Australian Actor). 

Student Diversity and Visiting Companies

Monash University’s diversity is fleshed out in the fact that the University has opportunities and resources for Indigenous Australians, LGBTQ+ Students and provides Disability Support Services. Most of their accommodation facilities follow a mixed-gender setup. With a student body of 85000+ out of which, 45% are international students, Monash University offers a truly international academic experience. Monash University graduates are at the forefront of social and technological progress in top multinationals. They are noted to be recruited largely by NAB, ANZ, University of Melbourne, Microsoft, Google, PwC Australia and RMIT University

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International Students %

34.3%

International Students %

34.3%

AI University Course Finder FREE

See personalized recommendations basis your profile and preferences from Monash University & similar universities.

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See personalized recommendations basis your profile and preferences from Monash University & similar universities.

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Browse Courses

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Masters in Business Information Systems

AUD 44,900

Fee

12 Months

Duration

IELTS: 7

Qualification

Masters

Course level

On Campus

Mode of Degree

Feb

Intakes

Mechanical Engineering is the education of manufacturing and design of thermal devices and processes and mechanical systems In this program, students study noise control, machine designing, mechatronics, environmental clean-up, power production and manufacturing and materials regulation and then take those lessons to industry with a co-op experience.
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Masters in ManagementManagement

AUD 47,800

Fee

12 Months

Duration

IELTS: 7

Qualification

Masters

Course level

On Campus

Mode of Degree

Feb

Intakes

This program has one of the most innovative ideas of Problem Based Learning which not only enables students to have a better understanding but also solving the hands-on problem by bringing several ideas from there work to the class. They focus on small scale teaching and utilize the diversity of students to acquire more skills from the experiences gained.
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Masters in Data ScienceComputers and Data Science

AUD 44,900

Fee

12 Months

Duration

IELTS: 6.5

Qualification

Masters

Course level

On Campus

Mode of Degree

Feb

Intakes

This program is a perfect mix of Mathematics, Analytics, Economics, and Statistics tailor-made for students who would like to have a deep knowledge of quantitative finance. You will get to learn a lot about the above-mentioned fields and with the specialization provided, you can diversify and excel in your chosen field.
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Bachelors in Accounting

AUD 47,300

Fee

36 Months

Duration

IELTS: 6.5

Qualification

Bachelors

Course level

On Campus

Mode of Degree

Feb

Intakes

This course by Monash University will take you through all the core insights of the field. Along with theoretical concepts, you will gain hands-on-learning experience throughout the span of the program.
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QS

Quacquarelli Symonds (Q.S.) is a corporation based in the United Kingdom that specialises in the analysis of higher education institutions worldwide. Nunzio Quacquarelli launched the company in 1990. It publishes the Q.S. World University Rankings every year. The Q.S. rating, which is considered one of the three most widely read university rankings globally, is approved by the International Ranking Expert Group (IREG). The institution uses six metrics, namely Academic Reputation, Employer Reputation, Faculty/Student Ratio, Citations per faculty, International Faculty Ratio and International Student Ratio, that effectively capture university performance. It also publishes rankings in Young universities, Graduate Employability, and Subject Rankings. Q.S. provides an auditing service to universities, which offers information on the institution's strengths and shortcomings. The Q.S. Stars audit procedure rates universities based on over 50 different indicators.

THE

The Times Higher Education, originally The Times Higher Education Supplement (THES), is a British magazine that focuses on higher education news and topics. It annually publishes The Times Higher Education World University Rankings. It has received worldwide acclaim for its new and improved rating algorithm. Since 2004, it has provided students and their families, academics, university executives, governments, and businesses with reliable university performance data. The performance indicators are grouped into five areas: Teaching (the learning environment); Research (volume, income and reputation); Citations (research influence); International outlook (staff, students and research); and Industry income (knowledge transfer). It also produces subject rankings and rankings for Young Universities, Impact, Reputation, And Emerging Economies.

Guardian

The Guardian is a British daily newspaper that first appeared in 1821 as The Manchester Guardian and was renamed The Guardian in 1959. The Guardian University Guide is published once a year. The goal of the University Guide is to show how each university's department is likely to provide an overall beneficial experience to future students, and to do so; they look at how previous students in the department fared. A league table was created using nine performance criteria for 54 disciplines spanning all stages of the student life cycle. Entry standards, Student-staff ratios, Expenditure per student, Continuation, Student satisfaction, Value Added, Standardisation, Subject Classification, and Career Prospects are the indicators utilised by the organisation.

USN

U.S. News & World Report is American news, consumer advice, rankings, and analysis publication. It began in 1948 as a merger of the weekly newspaper U.S. News and the worldwide weekly magazine World Report. The company's rankings of Best Global universities are well-known among the wider population and significantly impact admission trends. The inaugural "America's Best Colleges" report was released by the U.S. News & World Report in 1983. Since 1985, the rankings have been produced and published annually. The magazine U.S. News & World Report rankings are based on data collected from educational institutions through an annual survey, government and third-party data sources, and school websites. It also takes into account outside opinion polls of university faculty and administrators.

Rankings

40

Global Ranking

USN-2022

58

Global Ranking

QS-2022

57

Global Ranking

Times-2022

80

Global Ranking

Shanghai-2021

55

Global Ranking

QS-2021

40

Global Ranking

USN-2022

58

Global Ranking

QS-2022

57

Global Ranking

Times-2022

80

Global Ranking

Shanghai-2021

55

Global Ranking

QS-2021

View All Rankings

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Fees Estimate

CourseDurationFee/Year
Masters in Business Information Systems12 Months ₹2,909,577
Masters in Management12 Months ₹2,952,705
Masters in Data Science12 Months ₹2,825,279
Bachelors in Accounting36 Months-
Bachelors in Actuarial Science36 Months-
Bachelors in Applied Data Science48 Months-
Bachelors in Architectural Design36 Months-
Bachelors in Arts12 Months-
Bachelors in Arts36 Months-
Diploma in Arts12 Months-
View All Courses
CourseDurationFee/Year
Masters in Business Information Systems12 Months₹2,909,577
Masters in Management12 Months₹2,952,705
Masters in Data Science12 Months₹2,825,279
Bachelors in Accounting36 Months-
Bachelors in Actuarial Science36 Months-
Bachelors in Applied Data Science48 Months-
Bachelors in Architectural Design36 Months-
Bachelors in Arts12 Months-
Bachelors in Arts36 Months-
Diploma in Arts12 Months-
View All Courses

Scholarships

This scholarship includes a reward amount given to 31 International Students who are enrolled in a full-time course.

Eligibility

Excellent academic background and full-time students enrolled in a full-time program.

Applicability

An online application must be submitted.

These scholarships rewards international students that are pursuing full-time courses.

Eligibility

Excellent academic background.

Applicability

No application is needed, applicants are automatically considered.

This scholarship is awarded to international students enrolled in a full-time program.

Eligibility

Excellent academic background.

Applicability

No application is needed, applicants are automatically considered.

This scholarship is awarded to 4 students who are accepted to full-time UG or PG courses at Monash.

Eligibility

Excellent academic background.

Applicability

No application is needed, applicants are automatically considered.

A grant is offered to 50 bright female students who enroll in a single or double degree offered by the Faculty of Information Technology

Eligibility

Excellent academic background.

Applicability

No application is needed, applicants are automatically considered.

Application Process

  • Visit the official website of the institution. 
  • Click on 'Apply Now' or 'Register Here'
  • Complete filling your education history with all the qualifications.
  • Fill in the details of your employment history.
  • Fill in your personal statement.
  • Submit the application form by paying the mentioned fees.

Documents Required

Admission Requirements

FAQs

Absolutely. Monash University is a high performing university, being ranked among the top universities worldwide and in Australia. The University is also known for its research output and employability rate.
Absolutely. Monash University is a high performing university, being ranked among the top universities worldwide and in Australia. The University is also known for its research output and employability rate.
No. Most of the residence halls follow a mixed gender setup. However, students can contact Monash Residential Service to look for an option in single gender areas, floors or clusters within a hall.
No. Most of the residence halls follow a mixed gender setup. However, students can contact Monash Residential Service to look for an option in single gender areas, floors or clusters within a hall.
Monash's graduates are noted to be recruited largely by NAB, ANZ, University of Melbourne, Microsoft, Google, PwC Australia and RMIT University.
Monash's graduates are noted to be recruited largely by NAB, ANZ, University of Melbourne, Microsoft, Google, PwC Australia and RMIT University.
Generally Monash allows deferment of study up to a maximum of twelve months, or longer in exceptional circumstances. Deferment approval is subject to the course availability in the next / future intake and your reason(s) to defer.
Generally Monash allows deferment of study up to a maximum of twelve months, or longer in exceptional circumstances. Deferment approval is subject to the course availability in the next / future intake and your reason(s) to defer.
Monash is one of the most competitive Australian universities to get into. For most of the courses, it is among the top 10 most difficult universities to get into.
Monash is one of the most competitive Australian universities to get into. For most of the courses, it is among the top 10 most difficult universities to get into.
Monash University and its graduates are known for their knowledge, intellectual engagement, skill, innovation and flexibility.
Monash University and its graduates are known for their knowledge, intellectual engagement, skill, innovation and flexibility.
The Singapore Association for Counseling (SAC), the Australian Counselling Association (ACA), and the Psychotherapy and Counselling Federation of Australia all accredit Monash University's Master of Counselling programme, which is available via Kaplan Singapore (PACFA).
The Singapore Association for Counseling (SAC), the Australian Counselling Association (ACA), and the Psychotherapy and Counselling Federation of Australia all accredit Monash University's Master of Counselling programme, which is available via Kaplan Singapore (PACFA).
Monash's greatest distinguishing feature is our drive to make a difference. You'll walk away with a renewed sense of purpose, a global perspective, and the knowledge and confidence to make a good difference in your own life and the lives of others around you.
Monash's greatest distinguishing feature is our drive to make a difference. You'll walk away with a renewed sense of purpose, a global perspective, and the knowledge and confidence to make a good difference in your own life and the lives of others around you.
Monash University is an Australian public research university situated in Melbourne. It was formed in 1958 and is the state's second-oldest university, named after famed World War I general Sir John Monash.
Monash University is an Australian public research university situated in Melbourne. It was formed in 1958 and is the state's second-oldest university, named after famed World War I general Sir John Monash.
Monash University is known for its international feel, with students from over 100 countries, offering you the opportunity to meet people from all over the world. This world-class institution is known across the world for its high-quality teaching and research.
Monash University is known for its international feel, with students from over 100 countries, offering you the opportunity to meet people from all over the world. This world-class institution is known across the world for its high-quality teaching and research.

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Studying in Australia

For international students, the average first-year tuition cost to study in Australia is as follows: 

Undergraduate: AUD 20,000 - 50,000 (INR 11,25,764.99 - 28,14,150.26)

Postgraduate: AUD 20,000 - 40,000 (INR 11,25,764.99 - 22,51,661.99)

MBA: AUD 80,000 - 1,00,000 (INR 42,63,668 - INR 56,74,961.00)

For international students, the average first-year tuition cost to study in Australia is as follows: 

Undergraduate: AUD 20,000 - 50,000 (INR 11,25,764.99 - 28,14,150.26)

Postgraduate: AUD 20,000 - 40,000 (INR 11,25,764.99 - 22,51,661.99)

MBA: AUD 80,000 - 1,00,000 (INR 42,63,668 - INR 56,74,961.00)

Average On-Campus Accommodation Fees in Australia: AUD 1,400 - AUD 2,500 (INR 74,614 - INR 1,33,239)

Average Off-Campus Accommodation Fees in Australia: AUD 480 and AUD 1760 (INR 25,582 - INR 93,800)

Food Expenses: AUD 254 - AUD 356 (INR 13,537 - INR 18,973)

Average On-Campus Accommodation Fees in Australia: AUD 1,400 - AUD 2,500 (INR 74,614 - INR 1,33,239)

Average Off-Campus Accommodation Fees in Australia: AUD 480 and AUD 1760 (INR 25,582 - INR 93,800)

Food Expenses: AUD 254 - AUD 356 (INR 13,537 - INR 18,973)

English Proficiency Exams to Study in Australia

IELTS: 6.5 - 7.0

TOEFL iBT: 85 - 100

PTE64 - 77

Duolingo English Test: 95 - 120 and higher

CAE: 60 - 79+

Admission Tests to Study in Australia

GMAT: 600 - 695

SAT: 1200 - 1500+

ACT: 28+

ISAT: A minimum score of 60 is required 

GAMSAT: 59 - 76 is required

UCAT: 2810+

NEET: minimum 50 percentile 

English Proficiency Exams to Study in Australia

IELTS: 6.5 - 7.0

TOEFL iBT: 85 - 100

PTE64 - 77

Duolingo English Test: 95 - 120 and higher

CAE: 60 - 79+

Admission Tests to Study in Australia

GMAT: 600 - 695

SAT: 1200 - 1500+

ACT: 28+

ISAT: A minimum score of 60 is required 

GAMSAT: 59 - 76 is required

UCAT: 2810+

NEET: minimum 50 percentile 

Part-Time Job Rules for International Students in Australia

  • The legal minimum hourly salary for simple work requiring no special skills is AUD 18.93 (INR 1014). Students may be able to earn between AUD 50 and AUD 80 (INR 2679 - INR 4286) per hour for jobs that need any additional skills.

  • While the university is in session, international students with a valid student visa can work upto 20 hours per week. There is no restriction on the number of hours an international student can work during recognised school holidays.

  • Students must follow a set of study guidelines that the Australian government has authorised.

  • Overseas Student Health Coverage is mandatory for all students (OSHC).

Types of Part-Time Jobs in Australia

There are two ways international students can get part-time jobs in Australia. They can either look for on-campus jobs or off-campus jobs.

On-Campus Jobs: On-campus jobs are available inside the university campus and are perfect for students as they can apply in different departments within their proximity. 

Off-Campus Jobs: Off-campus jobs are relatively easy but not always in proximity. These jobs include office boy, receptionist, waiter/ waitress, call centre maintenance, data entry, etc.

Students can also hunt for part-time work in a variety of professions, including:

  • Hospitality sector (including housekeeping)

  • Agricultural work 

  • Sales and telemarketing (call centre)

  • Administration

  • Tutor; skill or language exchange

  • Retail/sales jobs in supermarkets, departmental stores

  • Food and Beverage industry

Part-Time Job Rules for International Students in Australia

  • The legal minimum hourly salary for simple work requiring no special skills is AUD 18.93 (INR 1014). Students may be able to earn between AUD 50 and AUD 80 (INR 2679 - INR 4286) per hour for jobs that need any additional skills.

  • While the university is in session, international students with a valid student visa can work upto 20 hours per week. There is no restriction on the number of hours an international student can work during recognised school holidays.

  • Students must follow a set of study guidelines that the Australian government has authorised.

  • Overseas Student Health Coverage is mandatory for all students (OSHC).

Types of Part-Time Jobs in Australia

There are two ways international students can get part-time jobs in Australia. They can either look for on-campus jobs or off-campus jobs.

On-Campus Jobs: On-campus jobs are available inside the university campus and are perfect for students as they can apply in different departments within their proximity. 

Off-Campus Jobs: Off-campus jobs are relatively easy but not always in proximity. These jobs include office boy, receptionist, waiter/ waitress, call centre maintenance, data entry, etc.

Students can also hunt for part-time work in a variety of professions, including:

  • Hospitality sector (including housekeeping)

  • Agricultural work 

  • Sales and telemarketing (call centre)

  • Administration

  • Tutor; skill or language exchange

  • Retail/sales jobs in supermarkets, departmental stores

  • Food and Beverage industry

International students can stay, work, or look for work in Australia after they graduate with a post-study work visa. The length of their stay varies depending on their qualifications and study location. There are 3 types of post-study work visa options that may be available to international students.

  • Temporary Graduate Visa (subclass 485) – Post-Study Work StreamThis visa is for international students who have just graduated with an approved qualification from an Australian educational institution, regardless of their field of study, and permits them to stay in Australia for a period of 2 to 4 years.

  • Temporary Graduate Visa (subclass 485) – Graduate Work StreamThis visa is for international students who have earned skills and credentials in jobs on the skilled occupation list. The skills and credentials are generally closely tied to occupations in demand in the Australian labour market in the medium to long term. The stay may last up to 18 months.

  • Skilled Recognised Graduate Visa (Subclass 476)This visa is for international students who have earned engineering degrees from a certain educational institution in the past two years. The stay duration is up to 18 months.

Here’s our top-searched guide to know more about the Australia Work Permit

International students can stay, work, or look for work in Australia after they graduate with a post-study work visa. The length of their stay varies depending on their qualifications and study location. There are 3 types of post-study work visa options that may be available to international students.

  • Temporary Graduate Visa (subclass 485) – Post-Study Work StreamThis visa is for international students who have just graduated with an approved qualification from an Australian educational institution, regardless of their field of study, and permits them to stay in Australia for a period of 2 to 4 years.

  • Temporary Graduate Visa (subclass 485) – Graduate Work StreamThis visa is for international students who have earned skills and credentials in jobs on the skilled occupation list. The skills and credentials are generally closely tied to occupations in demand in the Australian labour market in the medium to long term. The stay may last up to 18 months.

  • Skilled Recognised Graduate Visa (Subclass 476)This visa is for international students who have earned engineering degrees from a certain educational institution in the past two years. The stay duration is up to 18 months.

Here’s our top-searched guide to know more about the Australia Work Permit

Here are the different application costs for different types of student visas that an international student requires to study in Australia:

  • Student visa (subclass 500): AUD 620 + AUD 470 (INR 33,224 + INR 25,185) if 18 and above or + AUD 155 (INR 8,306) if under 18

  • Independent ELICOS Visa (Subclass 570): AUD 535 (INR 28,669)

  • Vocational Education and Training Sector Visa (subclass 572): AUD 620 (INR 33,224)

  • Higher Education Sector Visa (Subclass 573): AUD 535 (INR 28,669)

  • Postgraduate Research Sector Visa (Subclass 574): AUD 535 (INR 28,669)

  • Student Guardian Visa (Subclass 580): AUD 535 (INR 28,669)

  • Temporary Graduate Visa (subclass 485): AUD 1650 (INR 88,418)

  • Skilled Recognised Graduate Visa (Subclass 476): AUD 405 (INR 21702)

Here are the different application costs for different types of student visas that an international student requires to study in Australia:

  • Student visa (subclass 500): AUD 620 + AUD 470 (INR 33,224 + INR 25,185) if 18 and above or + AUD 155 (INR 8,306) if under 18

  • Independent ELICOS Visa (Subclass 570): AUD 535 (INR 28,669)

  • Vocational Education and Training Sector Visa (subclass 572): AUD 620 (INR 33,224)

  • Higher Education Sector Visa (Subclass 573): AUD 535 (INR 28,669)

  • Postgraduate Research Sector Visa (Subclass 574): AUD 535 (INR 28,669)

  • Student Guardian Visa (Subclass 580): AUD 535 (INR 28,669)

  • Temporary Graduate Visa (subclass 485): AUD 1650 (INR 88,418)

  • Skilled Recognised Graduate Visa (Subclass 476): AUD 405 (INR 21702)

Step 1: Fill out the online visa application form (guided by an AUG counsellor).

Check that the balance on your credit card is in Australian dollars. 

Step 2: You cannot complete the application without paying the required Visa application fee.

Step 3: Create a Medical Referral Letter and schedule a medical examination once you've applied. A physician must perform the check-up on the Australian Immigration panel (hospital/clinic).

Step 4: Make a Biometrics appointment (if necessary). Use your Immi login account to submit any new papers.

Step 5: If your application is approved, Immigration will send you a student visa by email or mail. Australian student visas are electronic, unlike those in most other countries. As a result, your passport will not have any Visa grant labels, stickers, or stamps.

Step 1: Fill out the online visa application form (guided by an AUG counsellor).

Check that the balance on your credit card is in Australian dollars. 

Step 2: You cannot complete the application without paying the required Visa application fee.

Step 3: Create a Medical Referral Letter and schedule a medical examination once you've applied. A physician must perform the check-up on the Australian Immigration panel (hospital/clinic).

Step 4: Make a Biometrics appointment (if necessary). Use your Immi login account to submit any new papers.

Step 5: If your application is approved, Immigration will send you a student visa by email or mail. Australian student visas are electronic, unlike those in most other countries. As a result, your passport will not have any Visa grant labels, stickers, or stamps.

Some of the top high paying job industries in Australia for international students are as follows:

  • Auditors, Company Secretaries and Corporate Treasurers

  • Finance and Banking

  • Engineering, IT 

  • Accounting 

  • Management Consulting

  • Medicine and Life Sciences

  • Construction 

  • Hospitality and Tourism 

  • Education (Teachers/Professors/Trainers)

Some of the top high paying job industries in Australia for international students are as follows:

  • Auditors, Company Secretaries and Corporate Treasurers

  • Finance and Banking

  • Engineering, IT 

  • Accounting 

  • Management Consulting

  • Medicine and Life Sciences

  • Construction 

  • Hospitality and Tourism 

  • Education (Teachers/Professors/Trainers)

Australia is one of the top three study abroad destinations in the world because of its pioneering developments. Aside from the Group Eight Universities, the island country is home to some of the best academic institutions in the world, providing high-quality education in a variety of subjects. In addition, Australia is the birthplace of world-famous innovations such as Wifi and Google Maps.

Australia is a wealthy nation with a market-based economy with a fairly high gross domestic product and per capita income, with a GDP of roughly A$1.40 Trillion, ranking 13th in the world, and a PPP of AUD 52,203. Its economy is based on the service sector and commodity exports. According to Statista, Australia’s Real GDP growth rate is expected to be 2.75% in 2022.

Australia is one of the top three study abroad destinations in the world because of its pioneering developments. Aside from the Group Eight Universities, the island country is home to some of the best academic institutions in the world, providing high-quality education in a variety of subjects. In addition, Australia is the birthplace of world-famous innovations such as Wifi and Google Maps.

Australia is a wealthy nation with a market-based economy with a fairly high gross domestic product and per capita income, with a GDP of roughly A$1.40 Trillion, ranking 13th in the world, and a PPP of AUD 52,203. Its economy is based on the service sector and commodity exports. According to Statista, Australia’s Real GDP growth rate is expected to be 2.75% in 2022.

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