MBA in Australia is offered by most of the universities of Australia. Most of the top universities in Australia offer this course. The course duration ranges from 1 to 2 years, and the total tuition fee for obtaining the degree ranges from A$ 30,000 to A$ 90,000. Students can choose several specialization tracks for their MBA, such as human resource management, project management, international business management, etc.
The average salary of the graduates is A$ 103,000 per year. After completing the MBA in Australia, one can find a job in almost any field in an administrative role.
Why select Australia for MBA?
- Almost all top universities in Australia offer MBA programs.
- Since most universities in Australia offer MBA, there is enormous flexibility in selecting universities and locations.
- Availability of different specialization tracks
- Internship programs offered by the universities
- Enormous scope after the completion of the program
Top Universities For MBA in Australia
A lot of universities in Australia offer the MBA program. Different universities have specifically designed courses to meet a specific goal. For applicants without work experience, students can choose an alternative path for admission.
The fee is an indicative, annual fee for one year and includes tuition fees only.
QS Rank 2023 |
University |
Location |
Duration |
Fee Per Year |
=97 |
The Australian National University |
Canberra |
1.5 years |
A$ 45,270 |
37 |
Parkville |
2 years |
A$ 44,750 |
|
=61 |
The University of Sydney |
Sydney |
1.5 years |
A$ 51,000 |
42 |
The University of New South Wales |
Sydney |
1 year |
A$ 78,480 |
=85 |
Brisbane City |
1 year |
A$ 82,584 |
|
54 |
Melbourne |
2 years |
A$ 44,000 |
|
93 |
The University of Western Australia |
Perth |
1-1.5 years |
A$ 62,100 |
201-250 |
Adelaide |
1.5 years |
A$ 48,500 |
|
=142 |
University of Technology Sydney |
Haymarket |
2 years |
A$ 44,496 |
193 |
Wollongong |
1.5 years |
A$ 60,192 |
|
151-200 |
Curtin University |
Perth |
1.5 years |
A$ 44,900 |
197 |
The University of Newcastle, Australia |
Callaghan |
1.5 years |
A$ 39,925 |
151-200 |
Sydney |
2 years |
A$ 40,000 |
|
151-200 |
RMIT University |
Melbourne |
1.5-2 years |
A$ 47,040 |
151-200 |
Queensland University of Technology (QUT) |
Brisbane |
1.5 years |
A$ 43,200 |
151-200 |
Deakin University |
Geelong |
1.5 years |
A$ 43,600 |
303 |
University of Tasmania |
Hobart |
2 years |
A$ 34,950 |
326 |
University of South Australia |
Magill |
1.5 years |
A$ 36,000 |
|
Entry Requirements for MBA in Australia
The Australian National University
- Undergraduate degree equivalent to Australian Bachelor’s degree with a score of 5.0 out of 7.0 or a minimum GMAT score of 600
- For English language requirements, any of the following test scores can be submitted:
- IELTS score of a minimum of 6.5 with at least 6.0 in each section
- TOEFL score of a minimum of 80 overall with at least 18 in speaking and listening and 20 in reading and writing
- PTE score of 64 overall with at least 55 in each of the section
The University of Melbourne
- A bachelor’s degree from a recognized institution
- A proven record of 2 years of work experience
- GMAT score of at least 560 or a GRE score of a minimum of 310 with at least 157 in the quantitative section and 152 in the verbal section
- Proof of English language proficiency:
- IELTS score of 7.0 overall and at least 6.5 in each section or,
- TOEFL score of 102 overall with at least 24 in writing and 21 in all other sections
- PTE score of a minimum of 65 overall and in writing and at least 50 in all other sections.
The University of Sydney
- An undergraduate degree with at least 65% marks
- Relevant work experience of at least three years
- GMAT score (optional)
- Minimum IELTS score of 7.0 overall with at least 6.0 in each band or minimum TOEFL score of 96 overall with at least 19 in writing and 17 in other sub-tests or a minimum PTE score of 68 overall and at least 54 in each sub-test.
The University of New South Wales
- Undergraduate degree
- Work experience of at least two years
- GMAT score of more than 650 or GRE score of at least 307 overall with no less than 148 in verbal and 156 in quantitative
- IELTS score of at least 7.0 overall with no band less than 6.0 or TOEFL score of 94 overall with no less than 25 in writing and 23 in other sub-tests or PTE score of 65 overall and no less than 54 in each sub-test.
The University of Queensland
- A bachelor's degree in any discipline
- GMAT score of a minimum of 550
- At least 4 years of work experience, including two years of a supervisory role
- IELTS score of at least 6.5 overall with a minimum of 6.0 or TOEFL score of 87 overall with a minimum score of 21 in writing and 19 in other sections or PTE score of 64 overall and no band less than 60 in any section
Monash University
- An undergraduate degree
- Three years of work experience with at least one year of managerial experience
- IELTS score of at least 6.5 overall with a minimum of 6.0 or TOEFL score of 79 overall with a minimum score of 21 in writing, 13 in reading, 12 in listening, and 18 in speaking or PTE score of 58 overall and no band less than 50 in any section
The University of Western Australia
- An undergraduate degree with a weighted average mark of 50%
- Two years of work experience in professional settings for a GMAT score of above 650 else three years of work experience and a GMAT score
- Minimum IELTS score of 7.0 with no less than 6.5 in any band or minimum PTE score of 64 overall with no less than 59 in speaking and 54 in all other sub-tests or a minimum TOEFL score of 100 overall and at least 20 in each section
University of Technology Sydney
- A bachelor's degree with a GPA of 5.25 out of 7
- Applicants not meeting the academic requirement can also apply with a GMAT score of at least 550 minimum or 4 years of work experience in the relevant field.
- IELTS score of 6.5 overall with at least 6.0 in each band, a minimum overall TOEFL score of 79-93 with at least 21 in writing, or a PTE score of 58-64.
University of Wollongong
- Undergraduate degree with at least 50% marks
- Three years of experience in relevant field with managerial or professional roles
- IELTS score of 6.5 overall with no less than 6.0 in each sub-test or TOEFL score of 86 overall with at least 18 in reading and writing and 17 in speaking and listening
Curtin University
- A bachelor's degree with 5 years of work experience, including three years of managerial roles
- IELTS score of 6.5 overall with at least 6.0 in each band or TOEFL score of 79 overall with 13 in reading and listening, 18 in speaking, and 21 in writing or PTE score of 58 overall with no section less than 50.
MBA Scholarships in Australia
Universities in Australia have dedicated scholarships for management students. A lot of these scholarships are for international students only. Almost all universities have scholarships for students of MBA, and the scholarship amount varies from a couple of thousand dollars to full tuition coverage.
University |
Scholarship |
Amount |
The Australian National University |
ANU Chancellor’s International Scholarship |
Tuition waiver between 25% to 50% during the complete course of study |
The University of Melbourne
|
Dean's International Management Scholarship |
100% Tuition waiver |
Diversity Excellence Scholarships |
A$ 50,000 |
|
Kraft Heinz Scholarship |
A$ 12,000 |
|
The University of Sydney
|
MBA Director's Scholarship |
A$ 10,000 to A$ 20,000 |
The University of New South Wales |
AGSM Global Reach Scholarship |
Two-third to full tuition fee waiver |
The University of Queensland |
International Onshore Merit Scholarship |
Tuition fee reduction of A$ 5000 for two semesters |
Monash University |
Monash University International Merit Scholarship |
A$ 10,000 per year until the minimum credit for the degree is completed |
|
Scope of MBA in Australia
Graduates of an MBA find a job in different administrative roles. The soft skills of an individual also dictate the salary of the graduates. The average annual earnings of the graduates of MBA in Australia is A$ 103,000.
Role |
Range of Salary |
Average Annual Salary |
Operations Manager |
A$ 69,000 – A$ 175,000 |
A$ 105,760 |
Business Development Manager |
A$ 64,000 – A$ 135,000 |
A$ 90,335 |
CEO |
A$ 117,000 – A$ 301,000 |
A$ 188,382 |
Senior Business Analyst |
A$ 86,000 – A$ 147,000 |
A$ 112,453 |
Finance Manager |
A$ 70,000 – A$ 142,000 |
A$ 101,304 |
Marketing Manager |
A$ 62,000 – A$ 151,000 |
A$ 93,130 |
COO |
A$ 98,000 – A$ 245,000 |
A$ 156,767 |
Business Analyst, IT |
A$ 70,000 – A$ 125,000 |
A$ 94,073 |
Finance Controller |
A$ 88,000 – A$ 165,000 |
A$ 124,493 |
Chief Finance Officer |
A$ 97,000 – A$ 225,000 |
A$ 155,356 |
Management Accountant |
A$ 64,000 – A$ 106,000 |
A$ 83,026 |
Management Consultant |
A$ 66,000 – A$ 189,000 |
A$ 106,840 |
Commercial Manager |
A$ 99,000 – A$ 213,000 |
A$ 147,423 |
Procurement Manager |
A$ 70,000 – A$ 160,000 |
A$ 115,335 |
Finance Analyst |
A$ 61,000 – A$ 108,000 |
A$ 80,426 |
Marketing Director |
A$ 98,000 – A$ 238,000 |
A$ 154,968 |
Supply Chain Manager |
A$ 80,000 – A$ 171,000 |
A$ 117,040 |