STUDY MBA IN AUSTRALIA
Australia is a highly attractive destination for MBA students, known for its high-quality education system and globally recognized business schools. The country offers a total of 77 MBA programs that are respected worldwide, many of which are accredited by prestigious organizations such as The Association to Advance Collegiate Schools of Business (AACSB) and The EFMD Quality Improvement System (EQUIS).
Australia’s business schools are well-represented in global rankings, with two institutions—Melbourne Business School and the Australian Graduate School of Management—frequently appearing in the top 40 of the QS Global MBA Rankings 2018. These schools are renowned for their strong focus on leadership, innovation, and practical experience, providing students with the skills and knowledge necessary to excel in a rapidly changing business environment.
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Why choose to study MBA in Australia?
Worldwide Recognition
B-schools in the UK are famous for their academic rigour, innovative teaching methods and world-class research facilities. The high quality of business education is sure to give an edge to your career.
Top B-Schools in Australia:
01
Melbourne Business School (University of Melbourne)
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Ranking: Top 1 in Australia, frequently in the global top 30.
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Cost of MBA Programs: Approximately AUD 89,500.
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Duration of MBA Program: 12-18 months (full-time).
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Average GMAT Score Required: 650-700.
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Program Highlights: Offers a rigorous curriculum with a strong emphasis on leadership, global business, and practical experience, supported by a diverse international student body.
02
Australian Graduate School of Management (AGSM, University of New South Wales)
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Ranking: Top 2 in Australia, often in the global top 50.
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Cost of MBA Programs: Approximately AUD 85,000.
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Duration of MBA Program: 12-16 months (full-time).
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Average GMAT Score Required: 650-700.
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Program Highlights: Known for its focus on leadership and strategy, with strong connections to industry and opportunities for global exposure.
03
Macquarie Graduate School of Management (MGSM, Macquarie University)
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Ranking: Top 3 in Australia, frequently in the global top 100.
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Cost of MBA Programs: Approximately AUD 80,000.
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Duration of MBA Program: 12-24 months (flexible).
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Average GMAT Score Required: 600-650.
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Program Highlights: Offers a flexible, customizable curriculum with a strong focus on leadership and practical management skills, catering to both full-time and part-time students.
04
University of Queensland Business School
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Ranking: Top 4 in Australia, often in the global top 100.
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Cost of MBA Programs: Approximately AUD 76,584.
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Duration of MBA Program: 12 months (accelerated), 24 months (part-time).
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Average GMAT Score Required: 600-650.
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Program Highlights: Emphasizes innovation, sustainability, and global business practices, offering a strong network and connections within the Asia-Pacific region.
05
Monash Business School (Monash University)
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Ranking: Top 5 in Australia, frequently in the global top 100.
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Cost of MBA Programs: Approximately AUD 85,000.
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Duration of MBA Program: 24 months (part-time).
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Average GMAT Score Required: 600-650.
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Program Highlights: Focuses on leadership development and global business, offering a part-time structure that caters to working professionals with a strong emphasis on practical experience.
06
College of Business & Economics (Australian National University)
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Ranking: Top 6 in Australia, often in the global top 100.
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Cost of MBA Programs: Approximately AUD 45,600.
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Duration of MBA Program: 18 months (full-time).
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Average GMAT Score Required: 600-650.
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Program Highlights: Known for its strong research orientation and focus on public policy, the program integrates global perspectives with a commitment to sustainability and ethical business practices.
07
Sydney Business School (University of Wollongong)
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Ranking: Top 7 in Australia, frequently in the global top 200.
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Cost of MBA Programs: Approximately AUD 63,000.
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Duration of MBA Program: 12-18 months (full-time).
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Average GMAT Score Required: 600-650.
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Program Highlights: Offers a comprehensive curriculum with a strong focus on leadership, innovation, and strategic management, with opportunities for practical experience and global exposure.
MBA in Australia Requirements
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Academic qualifications: Most universities require a relevant bachelor's degree with a minimum score of 50–60%.
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GMAT score: Many universities require a GMAT score, and some may consider a GMAT Focus Edition. A good GMAT score is important for admission to top business schools, and recent students have averaged 695 or higher.
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English language proficiency: Applicants may need to submit scores from an English language proficiency test, such as IELTS, TOEFL, or PTE
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Work experience: While work experience is not always required, some universities may prefer candidates with 2–3 years of relevant experience. This can help universities gauge a candidate's interest and commitment to the program.
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Other requirements may include:
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Transcripts of all educational qualifications
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CV or resume
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Letter of recommendation
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Statement of purpose
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Work experience certificate, if applicable
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Student Visa Terms and Provisions
A student visa to Australia is offered after enrolling for a full-time course of study registered with the Commonwealth Registry of International Courses for Overseas Students (CRICOS). A Confirmation of Enrolment (CoE) is mandatorily required to apply for a student visa. A student visa holder in Australia can normally work for a maximum of 40 hours per fortnight during the course and unlimited hours during the semester breaks and the end of the course.
Post Study Stay Back Options
The Temporary Graduate Visa (subclass 485) allows graduates to work in Australia temporarily after they finish their studies under two streams: The Graduate Work Stream & the Post-Study Work Stream. Under the Graduate Work Stream, the stay-back option is for 18 months, and under the Post-Study Work Stream, the stay-back option is of two, three, or four years’ duration.
