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MBA in Australia

Study Abroad

MBA in Australia

Growing in terms of its popularity for the MBA programs

 

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:

Powerful Reasons to Study in Australia

International Recognition Affordability Flexibility Quality of Life High 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

Duration Cost of Education (Tuition & Living per annum)
1-2 years AUD 19000-100,000 (Tuition, living and miscellaneous expenses)

 

Eligibility Criteria for MBA Programs

Strong Academic Credentials Standardized Test Scores Strong 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-School Average GMAT of Class Average Years of Work Exp. of Class
Melbourne Business School 705 5.6
Australian Graduate School of Management 650 6.7
Macquarie Graduate School of Management 680 8
Monash Business School 610 7

 

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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If your are aspiring to study in Australia and are searching for the best fit university to match your profile, then you're at the right place!

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FAQ's

Is It Worth Doing MBA In Australia?

An MBA can be a valuable qualification for individuals who want to shift their career path. This is because it gives students a strong foundation in general business, leadership, and management abilities that can be applied to a variety of industries and professional roles.

Can I Do MBA In Australia Without GMAT?

Although most universities demand a GMAT score of at least 550, several universities, such as Monash University, University of Sydney, Deakin University, University of Adelaide, and others, accept applicants without a GMAT score.

Can I Apply For PR In Australia After MBA?

After completing their studies, a huge proportion of overseas students in Australia hope to get permanent residency. To do so, you’ll need to apply for a visa through the Department of Immigration and Border Protection’s SkillSelect program. 

How Much IELTS Score Is Required To Pursue MBA In Australia?

Students received an overall IELTS score of 5.5. A total score of 6.0 was achieved, with no individual band score falling below 5.5. This is true for all courses, including the prestigious MBA program at the institution. A minimum score of 6.0 is required.

What Are The Requirements For MBA In Australia?

An overseas applicant must have obtained a 3 or 4 year bachelor’s degree with a minimum score of 60% in order to pursue MBA in Australia. He or she must also have a few years of management experience. Aside from these prerequisites, the majority of management programs require GMAT scores.

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