Australia has emerged as one of the most popular MBA destinations in the Asia Pacific Region. It harbours 6 B-Schools which have made their way to the top 50 B-Schools of the world. If you are looking for an enticing post-MBA career, it is no surprise that you consider Australia to be one of the most popular destinations, because of a plethora of career opportunities and immigration-friendly policy. However, have you really thought how to go about shortlisting the B-schools in Australia and which one will really suit your profile criteria most convincingly?
It definitely is not just choosing the business school that tops the list; more importantly, you should go for the one that fits into your requirements perfectly. While you do that, you have an array of factors, which are required to be considered, starting from the budget to accommodation facilities to the intensive course structure and so on.
Before gaining further insight into the course and infrastructure, first, check if the MBA program of the school is internationally recognized. If you have career objectives that include overseas exposure, then this is the primary criterion to reflect on. There is altogether three main international accreditation to be considered; they include:
AACSB: Association to Advance Collegiate Schools of Business
AMBA: Association of MBAs
EQUIS: European Quality Improvement System
If the latest statistics are to be followed, eight cities of Australia are listed under the ‘50 Best Student Cities’ owing to their close proximity to business centers as well as excellent infrastructural and educational facilities. A conveniently located campus facilitates easy access to resources available on campus, saving time while going for external projects or meeting seasoned professionals and simultaneously attending classes. While the location is an important aspect, also look for advanced study space, updated libraries, provision for online portals, and availability of career counselling Some of the popular yet affordable cities of Australia include Adelaide, Melbourne, Brisbane, Perth, Sydney and Gold Coast.
Getting admitted to a reputable institute is important but also significant is the fact that the same as a prominent network, tie-ups and well-connected alumni association. While the former testifies to excellent study and exchange programs, the latter encourages networking to a great extent thus opening the door for constant career opportunities. Besides, strong ties entail linking with partner organizations directly thus garnering handsome salary packages for the graduates.
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The course curriculum is an extremely essential factor as well. Some of the aspects to be taken into consideration are the amount of time you need to commit to the course, the overall duration of the course and the subjects and specializations covered. Generally, the B-schools in Australia require an on-campus involvement of 38 to 40 hours per week and the total duration ranges somewhere around 1 to 2.2 years. Nonetheless, specializations are not offered by all business schools; some just have generalized programs and the students combine them with their preferred electives.
The most fundamental eligibility criteria of MBA aspirants in Australia require minimum work experience of two to five years and some additional qualifications in Business. Nevertheless, there is flexibility in terms of lesser experience and an equivalent degree in business or the other way round. The standard aptitude test is GMAT (Graduate Management Admissions Test) but not all schools have the GMAT requirement, which makes it easier for those who have reservations in taking Tests to apply for admission.
If the Australian B Schools you are aiming for, fulfill the aforementioned criteria, then go ahead and apply to your dream school and give wings to your aspirations to fly!
By Joydeep Das, Senior Editor