Australia is globally recognized for its higher education. Australia is the fourth most popular country in the world for students to study abroad. Five Australian institutions were included in the world’s top 50 universities in the QS World Ranking 2024. It is a popular choice for international students who want to pursue MBA in Australia.

Human resources and marketing are major subjects at Australian Business schools. It is a great option if candidate seeking for a rewarding career in the business sector. Australia offers a friendly environment and professional opportunities and is home to numerous top ranked B-schools. However, a top-notch education need not be extremely expensive.

Read the blog to know about the best cheapest colleges for MBA in Australia.

 

Reasons to study MBA in Australia:

Several of the best universities in the world are in Australia. This year, universities are hosting almost 20,000 international students for MBA in Australia. The main factors that influence international students’ decision to pursue MBA in Australia are listed below.

 

 1.Australia is among the top three most livable countries in the world because of its great educational system, high standard of living.

2. Due to the high caliber of the educational program, graduates from Australia’s are in high demand.

3. The Education Services for Overseas Students (ESOS) Act and national regulating bodies like the Tertiary Education Quality and Standards Agency (TEQSA) provide protections for overseas students under Australian law.

4. Countries all over the world can acknowledge qualifications and provide similar credentials for local usage thanks to the Australian Qualification Framework (AQF).

 

Cheapest colleges for MBA in Australia:

The best MBA schools offering the most affordable MBA in Australia to Indian students are listed below:

1. Kaplan Business School
2. Holmes Institute
3. Charles Darwin University
4. Victoria University
5. Edith Cowan University
6. Central Queensland University
7. James Cook University
8. University of Southern Queensland
9. Federation University
10. University of Sunshine Coast

 

 

Also Read: Why Australia is better than other Countries?

 

Best Courses for MBA in Australia:

Here is the list of best courses:

Courses	Duration	Estimated Yearly Fees	Colleges
Project Management, Entrepreneurship & Digital Management	2 years	8,43,320 INR	Kaplan Business School
Accounting, Master of Business Administration & Project Management	1.5 years	INR 8,43,320	Holmes Institute
MBA in Sustainable Enterprise	12 months	11,27,720 INR	Charles Darwin University
Master of Business Administration	2 years	INR 11,48,560	Victoria University
MBA	1.5 years	11,71,320 INR	Central Queensland University
Master of Business Administration	24 months	INR 17,95,370	Edith cowan University
MBA	1.5 years	25,47,640 INR	University of Southern Queensland
Master of Business Administration	2 years	INR 18,93,400	James Cook University
MBA	1.5 years	15,05,620 INR	University of Sunshine Coast
Master of Business Administration	2 years	INR 16,60,510	Federation University

 

Cost of Studying MBA in Australia:

 

In Australia, the average cost of attending school is approximately AUD 59,966 (INR 32,89,150). The annual tuition for Australia’s affordable MBA schools ranges from AUD 45,000 (INR 24,68,260) to AUD 822,000 (INR 4,50,86,930).

When figuring out how much it will cost to study in Australia, you also need to consider the cost of living there for international students. The average annual cost of living is AUD 20,000 (INR 10,97,000).

Note: Tuition fees depend on the university and courses applicant wish to pursue.

 

Scholarships for MBA in Australia:

 

Now let’s look at few of the most important scholarships offered by institutes for MBA in Australia:

 

 

Scholarship	Description	Amount
Dean’s International Management Scholarship	Students enroll for full time MBA at Melbourne Business School	Covers full tuition fees.
Clemenger BBDO Scholarship	For merit students enroll for MBA, Marketing.	Covers upto INR 27,07,950 (AUD 50,000)
Women in MBA scholarship	Women pursing MBA courses	50% of tuition fees is covered
Diversity Excellence Scholarship	At Melbourne Business School, pursuing full-time MBA degrees.	Cover 50% program fees.

 

Jobs after MBA:

Here are some well-liked positions together with their salary:

Students who want to work after receiving an MBA must apply for a post-study work visa. The stay-back option could last anywhere from 18 months to 6 years, depending on the type of study they are doing.

 

 

 

Job Title	Estimated yearly wages
Business Development Manager	INR 54,15,890 (100,000AUD)
Operation Manager	AUD 82,000-120,240 (INR 44,41,030-35,12,070)
Business Analyst	INR 51,45,100- 54,15,890 (AUD 95,000-100,000)
Account Manager	AUD 95,600-126,710 (INR 51,77,590-68,62,480)
Marketing Coordinator	INR 35,20,330 (AUD 65,000)

 

 

One of the most popular courses taken by overseas students in Australia is the MBA.  Masters degrees from Australian universities provide excellent employment prospects and chances for professional networking, making them a significant investment. 

 

Finally, choosing a country for your further studies depends on the applicant’s decision and career goals. Study in Australia offers students a diverse culture and better opportunities for the future. Planning to study abroad, visit DY immigration and talk with our experts team for proper guidance.

 

FAQ

 

Q1. Does studying an inexpensive MBA in Australia make sense?

Ans: Several well-regarded Australian universities may be found offering reasonably priced MBA programs in the QS World University Ranking. Any Australian university can provide an MBA degree that is recognized around the globe.

 

Q2. What is the price for an Indian student to take an MBA in Australia?

Ans: The price of an MBA program in Australia varies depending on the university you choose to attend and the MBA specialization you have selected. It ranges from AUD 15,000 to AUD 30,000 annually on average.

 

Q3. How long does an MBA program in Australia take for students from other countries?

Ans: The duration of an MBA program at Australian universities ranges from 15 to 24 months. However, a few Australian colleges offer an MBA program that may be finished in a single year.

 

Q4. Which MBA specializations are most popular in Australia?

Ans: Within Australia, the most popular MBA specializations are:

1. Healthcare Management
2. Marketing
3. HR
4. Finance, and
5. Marketing

 

Q5. Is it worthwhile to pursue a cheaper MBA in Australia?

Ans: Several well-regarded Australian universities may be found offering reasonably priced MBA programs in the QS World University Ranking. Any MBA awarded by an Australian university is respected across the globe.