Master of Management in Australia is a 1-2 year management course encompassing specialisations like People management, Functional business management, Change management, engineering management, marketing management and accounting management.
This course costs AUD 25,000 to AUD 50,000 Per year and prepares international students for diverse roles in management settings, such as management consultant, business manager, project manager, etc.
Also called MIM, a Master of Management can lead to a lucrative career. Graduates can make more than AUD 60,000 in entry-level job positions related to a Master in Management in Australia. If you want to know in detail about the Master of Management in Australia, its career outcomes, universities offering it, tuition fees and so on, give this article a quick go.
Why study Master of Management in Australia?
- With 2-3 years of experience, graduates can earn over AUD 120,000 with a master's degree in Management in Australia.
- The entry requirements for the Master of Management in Australia are not very strict.
- 4 out of the top 100 universities for MIM -University of Melbourne, Australian National University, University of Sydney and Monash University- offer this course
Top Universities for Master of Management in Australia
In the table below, the best universities for a Master of Management in Australia are mentioned according to THE Rankings 2023.
THE Rankings 2023 |
Universities |
Duration |
33 |
University of Melbourne |
1.5 |
54 |
Australian National University |
2 |
58 |
University of Sydney |
60 Weeks |
57 |
Monash University |
1-2 |
143 |
University of Technology Sydney |
1.5 |
192 |
Macquarie University |
1-2 |
201-250 |
University of Wollongong |
1.5 |
201-250 |
La Trobe University, Melbourne |
2 |
401-500 |
Victoria University |
2 |
|
Tuition fees for Master of Management in Australia
The tuition fees for MIM in Australia range from AUD 25,000 to AUD 50,000 for international students.
University |
Annual tuition fees in AUD |
University of Sydney |
46,000 |
University of South Australia |
35,900 |
University of Melbourne |
46,752 |
University of Victoria |
27,500 |
Monash University |
30,200 |
University of Technology Sydney |
44,496 |
Western Sydney University |
31,760 |
University of Tasmania |
40,416 |
University of Adelaide |
47,500 |
Flinders University |
39,500 |
Australian University Requirement for Master of Management in Australia
The admission requirement to study Master in Management in Australia are as follows:
- Official 2-3 Reference letters if asked
- Work experience in case of gap
- Official transcript, character certificate and provisional certificate of the bachelor level
- Official transcript, character certificate and provisional certificate of the Intermediate level
- GMAT Official scores, in some cases
- English Proficiency test
- Statement of Purpose
- Research Paper, if any
- Proof of financial aid like scholarships and financial aids
- Passport
University of Sydney
- Course name: Master of Management
- Course duration: 1.15 years
- English Language Requirement: The minimum scores required for admission are-
- IELTS- A cut-off score of 7.0 with no band less than 6.0.
- TOEFL: A minimum overall score of 96 with at least 17 in speaking, listening and speaking and 19 in writing.
- PTE: A minimum of 68 and 54 in each communication skill.
- Academic Requirement: Applicants must hold a bachelor's degree from an Australian or other recognized institution with a minimum of 65%. For the lower percentage, a satisfactory result in GMAT is asked. However, not a minimum GMAT Score, the average class score in GMAT is 630.
University of Melbourne
- Course name: Master of Management (specializations in accounting, accounting and finance, finance, human resources and marketing)
- Course duration: 2 years full time
- English Language Requirement: The minimum scores required for admission are-
- IELTS- A cut-off score of 6.5 with no band less than 6.0.
- TOEFL: A minimum overall score of 79, with 18,13,18 and 21 in speaking, listening and speaking and writing, respectively.
- PTE: A minimum of 58 and 50 in each communication skill.
- Academic Requirement: Applicants must hold a bachelor's degree in any discipline from an Australian or other recognized institution. Average marks of above 65% are given priority.
University of South Australia
- Course name: Master of Management
- Course duration: 1.5 years full time
- English Language Requirement: The minimum scores required for admission are-
- IELTS- A cut-off score of 6.5 with no band less than 6.0.
- TOEFL: A minimum overall score of 79 with at least 18 in speaking, listening, speaking and writing.
- PTE: A minimum of 58 and 50 in each communication skill.
- Academic Requirement: Applicants need to hold a bachelor's degree, which includes a major in business, commerce, marketing or management from an Australian institution or other recognized institution.
- Intakes: February and August
Victoria University
- Course name: Master of Management
- Course duration: 2 years full time
- English Language Requirement:
- The minimum scores required for admission are-
- IELTS- A cut-off score of 6.5 with no band less than 6.0.
- TOEFL: A minimum overall score of 79
- PTE: A minimum of 58 and 50 in each communication skill.
- Academic Requirement: Applicants must hold a bachelor's degree from an Australian or other recognized institution in any discipline. Students with graduate diplomas and approved work experience can also apply.
Monash University
- Course name: Master's Degree in Management
- Course duration: 1. 1.5 or 2 years, depending upon candidates' prior experience.
- English Language Requirement: The minimum scores required for admission are-
- IELTS- A cut-off score of 6.5 with no band less than 6.0.
- TOEFL: A minimum overall score of 79 with at least 18,12,18, and 21 in speaking, listening, speaking and writing, respectively.
- PTE: A minimum of 58 and 50 in each communication skill.
- Academic Requirement: Applicants must hold a bachelor's degree from an Australian or other recognized institution with a minimum of 70%. If they don’t meet the grade requirement, students must have a bachelor's degree and at least two years of post-bachelor experience.
- Intakes: February, July
University of Technology Sydney
- Course name: Master of Management
- Course duration: 1.5 years full time
- English Language Requirement:
- The minimum scores required for admission are-
- IELTS- A cut-off score of 6.5 with no band less than 6.0.
- TOEFL: A minimum overall score of 79 with at least 21 in writing.
- PTE: A minimum of 58 and 50 in each communication skill.
- Academic Requirement: Applicants must hold a bachelor's degree from an Australian or other recognized institution with a minimum of 65%.
University of Tasmania
- Course name: Master of Marketing Management
- Course duration: 1.5 years full time
- English Language Requirement: The minimum scores required for admission are-
- IELTS- A cut-off score of 6.0 with no band less than 6.0.
- TOEFL: A minimum overall score of 72 with at least 22 in writing, 16 in reading, 18 in speaking and 16 in listening.
- PTE: A minimum of 50 with a minimum of 50 in each communication skill.
- Academic Requirement: Applicants must hold a bachelor's degree from an Australian or other recognized institution.
University of Adelaide
- Course name: Master of International Management
- Course duration: 2 Years full time
- English Language Requirement: The minimum scores required for admission are-
- IELTS- A cut-off score of 6.5 with no band less than 6.0.
- TOEFL: A minimum overall score of 79 with at least 18 in speaking, 13 in listening and reading and 21 in writing.
- PTE: A minimum of 58 and 50 in each communication skill.
- Academic Requirement: Applicants must hold a bachelor's degree from an Australian or other recognized institution.
- Intakes: January and September
University of New Castle
- Course Name: Master of Business Administration (MBA)
- Course duration: 1.5 years
- English Language Requirement: The minimum score required for admission is a cut-off score of 6.5 in IELTS with no band less than 6.0.
- Academic Requirement: Applicants must hold a bachelor's degree from an Australian or other recognized institution.
Flinders University
- Course name: Master of Engineering Management
- Course duration: 2 years
- English Language Requirement: The minimum scores required for admission are-
- IELTS- A cut-off score of 6.5 with no band less than 6.0.
- TOEFL: A minimum overall score of 79 with at least 18 in speaking, 12 in listening, 13 in reading and 21 in writing.
- PTE: A minimum of 58 and 50 in each communication skill.
- Academic Requirement: Applicants need to hold a bachelor's degree from an Australian or other recognized institution or a graduate Diploma in engineering management.
- Intakes: March, July
|
Master of Management in Australia scholarships for international students
Australian Universities offer some scholarships for Master of Management students.
University |
Scholarship |
Scholarship value |
University of Melbourne |
Graduate Research Scholarship |
Full tuition fee waiver |
Melbourne Access Scholarship |
Up to AUD 15,000 |
|
Bill & Melinda Gates Foundation: Gates Cambridge Scholarships |
Full tuition fee waiver |
|
Melbourne Accommodation Bursary |
At least 15,000 |
|
Flinders University |
Vice-Chancellor International Scholarships |
50% reduction in tuition fees for the duration of the program. |
Excellence Scholarship |
25% reduction in tuition fees for the duration of the program. |
|
Global Scholarships |
20% reduction in tuition fees for the duration of the program |
- Australia Awards Scholarships (Australian Government Scholarships)
- LATAM International Postgraduate Coursework Scholarship
- Postgraduate Academic Excellence International Scholarship
- UTS Onshore Postgraduate International Scholarship
- UTS Study Abroad Excellence Scholarship
- UTS Vice-Chancellor’s International Postgraduate Coursework Scholarship
Scope of Master of Management in Australia
After the completion of a Master of Management-MIM- in Australia, you can find scope and career opportunities in areas such as :
- People management
- Functional business management
- General Management
- Business Strategy and Policy
- Corporate governance
- Quality assurance
- Finance
- Planning
- Business analyst
- Operations and logistics
- Human resource management
- Sales
- Marketing and consulting
- Change management
- Organisation development
- Leadership roles in innovation and business sustainability
After gaining the skills you need, you can successfully launch a career in management that suits your passions and interests as a business manager (functions), general manager, operations manager, program, and project manager.
Master of Information Management jobs |
Average Annual Salary (in AUD) |
Product Manager |
136,248 |
Business development manager |
129,000 |
General manager |
167,000 |
Business Manager |
105,430 |
Executive manager |
171,000 |
Management consultant |
115,000 |
Operations Manager |
102,000 |
Project manager |
104,000 |
Risk and capital manager |
158,000 |