Master of Management in Australia

Master of Management in Australia

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Bijay PoudelMon Sep 27 2021

Master of Management in Australia is a 1-2 year management course that encompasses specialisations like People management, Functional business management, Change management, engineering management, marketing management and accounting management.

This course costs from 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 more than AUD 120,000 with a master degree in Management in Australia. 
  • The entry requirements to get into Master of Management in Australia is 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 Master of Management in Australia are mentioned according to THE Rankings 2022. 

THE Rankings 2022

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 ranges 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

Master of Management fees in Australia for international students
Master of Management fees in Australia for international students

Australian University Requirement for Master of Management in Australia

The admission requirement to study Master in Management in Australia are: 

  • 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 with a minimum of 54 in each communication skill. 
  • Academic Requirement: Applicants need to hold a bachelor degree from an Australian institution or other recognized institution with a minimum of 65%. For the lower percentage, a satisfactory result in GMAT is asked. Though 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 with a minimum of 50 in each communication skill. 
  • Academic Requirement: Applicants need to hold a bachelor degree in any discipline from an Australian institution 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 with a minimum of 50 in each communication skill. 
  • Academic Requirement: Applicants need to hold a bachelor 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 with a minimum of 50 in each communication skill. 
  • Academic Requirement: Applicants need to hold a bachelor degree from an Australian institution or other recognized institution in any discipline. Students with graduate diplomas and approved work experience can also apply. 

Monash University

  • Course name: Master degree in Management
  • Course duration: 1. 1.5 or 2 years depending upon the prior experience of candidates.
  • 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 with a minimum of 50 in each communication skill. 
  • Academic Requirement: Applicants need to hold a bachelor degree from an Australian institution or other recognized institution with a minimum of 70%. If they don’t meet the grade requirement, students need to have a bachelor degree and have at least two years of experience post-bachelor. 
  • 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 with a minimum of 50 in each communication skill. 
  • Academic Requirement: Applicants need to hold a bachelor degree from an Australian institution 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 need to hold a bachelor degree from an Australian institution 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 with a minimum of 50 in each communication skill. 
  • Academic Requirement: Applicants need to hold a bachelor degree from an Australian institution 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 need to hold a bachelor degree from an Australian institution 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 with a minimum of 50 in each communication skill. 
  • Academic Requirement: Applicants need to hold a bachelor degree from an Australian institution or other recognized institution or hold a graduate Diploma in engineering management.
  • Intakes: March, July

Master of Management in Australia scholarships for international students

Some scholarships are offered by Australian Universities 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 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

Management salary in Australia
Management salary in Australia

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