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Why Studying MBA in Australia is A Great Idea?

May 29, 2023

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A Masters in Business Administration (MBA) is a preferable course as it opens up several avenues and transforms your career. Thousands of international students are enrolled in Australian universities for this course. Australia is not only a beautiful country with natural beauty and top-class infrastructure, but it is also one of the world’s leading academic hubs with a multicultural environment. 

You can select your MBA specializations from a vast range of options such as sports management, banking, hotel management, finance, and more. The curriculum is based on the latest global trends and students gain practical knowledge as well as industry exposure. Let’s find out some of the best MBA colleges in Australia, the scope, eligibility, and more.

Table of Content 

  1. Reasons to Pursue MBA in Australia+
  2. MBA Universities to Shortlist in Australia
  3. International MBA
  4. Cost of Studying MBA in Australia 
  5. Eligibility Criteria for an MBA in Australia 
  6. Documents Required for an MBA in Australia
  7. Application Procedure for MBA in Australia
  8. Placements of MBA graduates in Australia
  9. Conclusion

Reasons to Pursue MBA in Australia

An MBA degree from Australian universities is highly valuable. This dynamic management field needs both theoretical knowledge and in-hand experience. Australia has ample world-class colleges and the country’s education system is praise-worthy. Listed below are some of the advantages of pursuing an MBA degree in Australia:

  • There are 75+ globally recognized MBA programs in Australia, many of which have worldwide accreditation from the AACSB and EQUIS.
  • International students can do an internship with a local firm in Australia, during their course or participate in an international exchange or study tour.
  • MBA programs in Australia focus on improving the communication, interpersonal, and leadership abilities of all students. 
  • The courses also promote creativity and independent thinking skills.
  • Students in Australia get a chance to meet and interact with other students coming from different cultural backgrounds, which provides them with a diverse perspective and encourages an inclusive environment. 
  • Australia’s friendly visa policies attract many international students every year.

MBA Universities to Shortlist in Australia

Most Australian universities and Business schools offer MBA programs that last between 15 months and 2 years. Several universities have started to provide 1 year MBA courses as well. Planning to do an MBA in Australia? Here are some of the best colleges and their QS World University Rankings 2023:

  • Rank #30 - Australian National University
  • Rank #33 - The University of Melbourne
  • Rank #41 - The University of Sydney
  • Rank #50 - The University of Queensland
  • Rank  #57 - Monash University

Students can sign up for General MBA, or there are varied specialised MBA courses offered by various universities that you can choose from. Some of the top MBA programs in Australia, Specializations are as follows: 

  • Academic Research
  • Accounting
  • Artificial Intelligence for Business
  • Arts and Cultural Industries
  • Leadership 
  • Business Analytics
  • Management Consulting 
  • Marketing 
  • Project Management
  • Human Resource Management
  • Information Systems
  • Cyber Law
  • Digital Transformation
  • Finance
  • Financial Planning
  • International Trade and Business
  • Property and Real Estate
  • Supply Chain Management

International MBA

This internationally-focused degree will provide you a real-world experience to successfully manage and lead an organization. This program does not require any previous work experience and gives you opportunities to be a part of group-based projects, and interactions, develop advanced skills, learn about the global business environment, and more. You will also get to explore several international business challenges in other countries, understand sustainable decision-making and stay up to date with current and future business trends. There are a range of flexible learning options available for individual needs. In order to meet the industry demand for skilled professionals, a specialization can truly help deepen your knowledge in a specific business field which will be beneficial for your future.

Cost of Studying MBA in Australia 

The MBA courses in Australia are inexpensive compared to other countries, the cost varies from 27,600 AUD to 100,000 AUD. The reasonable cost and scholarship opportunities make studying in Australia attractive for students worldwide.

International students doing MBA in Australia can fund their expenses with numerous scholarships such as -

  • Monash MBA International Women in Leadership Scholarship
  • Kraft Heinz Scholarship
  • Diversity Excellence Scholarships
  • MBS Scholarships

Eligibility Criteria for an MBA in Australia 

In order to apply for an MBA in Australia, you must meet certain eligibility requirements. These may vary from one university to another and depend on the course you choose. Visit the official website of the universities to know the minimum cut-off marks required for admission. Here are the basic eligibility pre-requisites for an MBA program at an Australian university:

  • A bachelor’s degree in any field, from a recognized institution with marks specified by your chosen university
  • A valid score on English language proficiency test (IELTS/TOEFL) 

Documents Required for an MBA in Australia

Listed below are some of the documents that you may generally require when applying for an MBA in Australia:

  • Copy of official transcripts and previous academic records
  • A SOP (300-500 words) 
  • Letter of recommendations
  • English language proficiency scores 
  • Completed application form 
  • Updated CV/resume
  • Passport 
  • Proof of funds and loan papers (if applicable)
  • A valid student visa

Application Procedure for MBA in Australia

Students will have to visit the official university websites and carefully check the application deadlines mentioned. Apply well before the last due date so that you have ample time to get the student visa. Many Australian business schools will ask you to submit a personal statement, LORs are also needed and you must arrange them from third persons like your previous professor, employer, or supervisor. Some universities may ask for the CVs of the candidates along with their applications. These contain basic details including academic and related qualifications, date of birth, as well as proof of your work experience. Note that a work experience of 2-3 years on a managerial role will be asked for Executive MBA and General MBA for very high ranked universities and is not required for MBA freshers.The general requirements like test score reports and photocopies of your passport must also be submitted. The university will thoroughly go through your application and may call you for a separate interview if your application is shortlisted. Once you complete this procedure successfully, you can expect to receive your confirmation letter.

Placements of MBA graduates in Australia

Some of the common job roles offered for international students completing an MBA in Australia are, Accountant, Marketing Manager, Business Development Manager, Project Manager, Regional Sales Manager, etc. The average salary ranges from 65,000 AUD to 114,000 AUD and some of the top employers in the country are Allianz, JP Morgan, Barclays, HSBC Global Asset Management, etc.


If you have already made up your mind to study in Australia, all you need is a proper guide to seamlessly get admission to your dream university in Australia. It is easy to feel puzzled by so many courses, universities, and specializations. Get in touch with abroad education consultants, like KC Overseas to find out which is the best choice for you. We will keep your interests in mind and take you closer to achieving your long-term goals. Studying MBA in a renowned Australian university will help you in networking and you can land an exciting job in the country.

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