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Study in Australia

MBA in Australia

Administration / 15 Nov, 2024

Why Study in Australia?

Let’s Look at the Numbers!


  • Australia offers 77 globally renowned and recognized MBA programs
  • Most of the MBA programs are accredited by The Association to Advance Collegiate Schools of Business (AACSB) and The EFMD Quality Improvement System (EQUIBS)
  • Australia has 2 B-schools in the top 40 list of the QS Global MBA Rankings 2018
  • Australia was ranked 21st in the World Economic Forum’s Global Competitiveness Report for 2017-2018, ahead of France, Ireland & Spain.


Top B-Schools

Best B-schools

  • Following is the list of top business schools in Australia:

    • Melbourne Business School
    • Australian Graduate School of Management
    • Macquarie Graduate School of Management
    • University of Queensland Business School
    • Monash Business School
    • College of Business & Economics – Australian National University
    • Sydney Business School

    Powerful Reasons to Study in Australia


    International RecognitionAffordabilityFlexibilityQuality of LifeHigh Earning Potential

     

    Globally accredited programs

     

    Cheaper than US & UK programs

     

    Duration varies from 1-2 years

     

    Strong Economy

     

    Highest  Average Salary in Asia-Pacific

    Theoretical + practical training

     

    Affordable cost of living

     

    Stay back Options from 1-4 years

    		Cultural Diversity

     

    Extensive job/networking opportunities

    MBA in Australia is an equitable study abroad destination these days as it is the third most popular country among students to pursue higher education. What sets Australia apart from other nations is the fact that one­ fourth of Australia’s population is non-native and constitutes of people belonging to other countries.

    Top Industries (Post MBA) in Australia


    Industries


    • Consulting
    • Finance
    • IT & Telecom

     

    Program Duration & Cost of Education


    DurationCost of Education (Tuition & Living per annum)
    1-2 yearsAUD 19000-100,000 (Tuition, living and miscellaneous expenses)

     

    Eligibility Criteria for MBA Programs


    Strong Academic CredentialsStandardized Test ScoresStrong Extra Curriculars

    A Bachelor’s degree from a well-recognized accredited university

    Competitive GMAT score (Preferably above 600)
    Many Australian B-schools use the GMAT score as an additional requirement for candidates not fulfilling other entry conditions
    IELTS/TOEFL iBT
    Cambridge English-Advanced (CAE), Occupational English Test (OET) or the Pearson Test of English (PTE) are also accepted

    Minimum work experience of two years
    Strong Extra Curriculars & Community Service experience


Average GMAT & Work Experience at Top B-schools

Following is the list of average GMAT & Work Experience required in top MBA universities in Australia:

B-SchoolAverage GMAT of ClassAverage Years of Work Exp. of Class
Melbourne Business School7055.6
Australian Graduate School of Management6506.7
Macquarie Graduate School of Management6808
Monash Business School6107

 

Intake & Application Deadlines


  • Some MBA universities in Australia accept applications twice a year, while some accept three times a year.
  • Deadlines are generally in February, July and November; few MBA colleges in Australia also offer four intake sessions per year

Student Visa Terms and Provisions

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) which is mandatorily required in order to apply for 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 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.

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