MBA in Australia

MBA in Australia

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Study Info CentreTue Sep 28 2021

MBA in Australia is offered by most of the universities of Australia. Most of the top universities of 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 of Australia offer MBA programs.
  • Since MBA is offered by most of the universities in Australia, there is huge flexibility in the selection of university and location.
  • Availability of different specialization tracks
  • Internship program offered by the universities
  • Huge scope after the completion of the program

Top Universities For MBA in Australia

The MBA program is offered by a lot of universities in Australia. 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 represented below is an indicative annual fee for 1 year and includes tuition fee only.

QS Rank 2022

University

Location

Duration

Fee Per Year

27

The Australian National University

Canberra

1.5 years

A$ 45,270

37

The University of Melbourne

Parkville

2 years

A$ 44,750

38

The University of Sydney

Sydney

1.5 years

A$ 51,000

43

The University of New South Wales

Sydney

1 year

A$ 78,480

47

The University of Queensland

Brisbane City

1 year

A$ 82,584

58

Monash University

Melbourne

2 years

A$ 44,000

93

The University of Western Australia

Perth

1-1.5 years

A$ 62,100

108

The University of Adelaide

Adelaide

1.5 years

A$ 48,500

133

University of Technology Sydney

Haymarket

2 years

A$ 44,496

193

University of Wollongong

Wollongong

1.5 years

A$ 60,192

194

Curtin University

Perth

1.5 years

A$ 44,900

197

The University of Newcastle, Australia

Caallaghan

1.5 years

A$ 39,925

200

Macquarie University

Sydney

2 years

A$ 40,000

206

RMIT University

Melbourne

1.5-2 years

A$ 47,040

213

Queensland University of Technology (QUT)

Brisbane

1.5 years

A$ 43,200

283

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 3 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-tests.

The University of New South Wales

  • Undergraduate degree
  • Work experience of at least 2 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-tests.

The University of Queensland

  • A bachelor degree in any discipline
  • GMAT score of a minimum of 550
  • At least 4 years of work experience including 2 years of 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
  • 3 years of work experience with at least 1 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 GMAT score of above 650 else three years of work experience and 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 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 or 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
  • 3 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-tests 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 3 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 overall 58 with no section less than 50.

MBS 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 salary of the graduates is also dictated by the soft skills of an individual. 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

 

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