Study MBA in Australia

Doing an MBA will change the way you perceive situations and enable you to find solutions and address challenges efficiently. Problem solving is a valuable trait that employers look for in a prospective management candidate – and holding an Australian MBA improves your employability and paves the way to land top positions in any organisation. Also, according to a QS Top MBA report, Australian MBA graduates are amongst the world’s best-paid and much preferred by multinationals worldwide. 

Australian MBA programmes are ranked among the bests in the Oceania region according to the QS Global MBA Rankings. Holding an MBA certificate boosts your chances at employment and having a successful career abroad.

Australia has consistently been among the top 5 destinations for doing an MBA, owing to its rich entrepreneurial mindset and research-focussed education. Doing an MBA in Australia would be an enriching experience both in terms of meeting your academic goals and experiencing a global lifestyle.     

Australian lecturers, along with valuable expertise, bring their broad network of industry contacts to the classroom. Also, through regular networking events such as job fairs, industry functions and open days, you can benefit from direct connections within industry.

An Australian MBA presents a great opportunity to imbibe valuable work and soft skills, such as emotional and social intelligence, ethical leadership styles, effective communication techniques, creative problem solving, cross-cultural understanding, team building, listening and negotiation – all of which come handy in tackling sensitive work situations and people management. 

Problem solving, decision making and leadership skills are also valuable work skills that top employers look for, and an Australian MBA would ensure the highest levels of academic and professional learning in a competitive global environment. 

Average remuneration of an MBA graduate in Australia is AUD 95,000, with experienced managers earning up to AUD 305,000. Average salary varies based on the roles and management positions, but according to the latest Payscale survey, the starting salary for MBA finance graduates goes as much as AUD 137,000.  

Here’s an estimate of the average salaries (in AUD) of MBA graduates in different designations:

• MBA in Digital Marketing
• MBA in Business Analytics
• MBA in Data Analytics
• MBA in Finance
• MBA in International Business
• MBA in Human Resource Management
• MBA in Risk Management
• MBA in Global Project Management
• MBA in Public Health Administration
• MBA in Sports Management
• MBA in Information Systems
• MBA in Sustainability
• MBA in Global Management
• MBA in Entrepreneurship/Social Enterprise

The cost of an MBA degree in Australia can vary depending on the university and the length of the program. On average, an MBA in Australia can cost anywhere between AUD 40,000 to AUD 120,000. Here's a rough estimate of the cost of MBA programs at some of the top universities in Australia:

To be eligible for an MBA program in Australia as an international student, you typically need to meet the following requirements:

1. Educational qualifications: You need to have a bachelor's degree from a recognised university, or an equivalent qualification in a relevant field.
2. Work experience: Most MBA programs in Australia require a minimum of two years of work experience. Some universities may also have specific work experience requirements for certain industries.
3. English language proficiency: You need to demonstrate proficiency in English by taking the IELTS or TOEFL exams and meeting the minimum score requirements set by the university.
4. Financial ability: International students must be able to demonstrate financial ability to cover the cost of tuition fees, living expenses, and other associated costs.
5. Personal statement: You may need to submit a personal statement that details your motivation for pursuing an MBA and your professional goals.

1. Research MBA programs: Start by researching MBA programs in Australia to determine which ones align with your career goals, academic background, and financial position. Prefer programs that have a strong curriculum, and offer opportunities for practical experience.
2. Check entry requirements: Each MBA program will have its own entry requirements, including academic qualifications, work experience, and language proficiency. Make sure you understand the requirements and that you satisfy them before you apply to study in Australia.
3. Prepare application documents: Ensure to have the supporting documents such as transcripts, a personal statement, letters of recommendation, and proof of English proficiency in a format specified by the university. Make sure you understand the specific requirements for each program you are interested in and prepare the materials well in advance.
4. Submit the application: Once you have completed your online application and gathered the necessary supporting documents, submit your application and await the university’s decision. 
5. Acceptance and enrolment: If you are offered a place in the MBA program, accept the offer and complete the enrolment process, which may involve paying a deposit and submitting additional documentation, if required.