If you wish to pursue your MBA in Australia, this blog can help you get there. Moreover, you will also get an idea of how to get a high paying job in Australia.
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There are several countries where you can study for an MBA. Australia, however, is one of the best options. In this MBA in Australia guide, we will learn how. Moreover, the Australian government bodies regulate the quality of education universities offer. In addition to this, they also monitor and reform them from time to time. Here are a few more reasons to help you understand how studying MBA in Australia can be one of your best decisions:
The above pointers are explained in detail below:
Firstly, the quality of education is high in Australia. Moreover, the education system focuses on practical learning. In addition to this, there are more than 70 institutes in Australia that offer MBA education. The government monitors their curriculum. This is the major factor that helps Australian education to be one of the best.
Secondly, the faculty in these 70+ institutes has experience of years in teaching their respective specializations. Moreover, their expertise in multiple fields and creative teaching methods are plus points. Besides, they also take smaller batches than your regular colleges. This helps them give proper attention to every brilliant mind in the class.
Furthermore, the infrastructure of Australian colleges is an asset to students. It is an asset to them more than it is an asset to the college itself. The labs and libraries of these Universities in australia are top class. In addition to this, the healthcare infrastructure also works in favor of the people residing there.
Networking with the right people is always beneficial when it comes to a career. Moreover, it is also a perk for those who learn it while studying. Making acquaintances from different cultures is enlightening. In addition to the above points, this is another common benefit of study abroad.
Furthermore, the Australian job market faces a hike in jobs and types of jobs every year. Moreover, there is technological advancement that enables people to stay up to date with the world. In addition to this, there are several great positions to take and new jobs to apply for. After an MBA, for instance, you can choose from a variety of job roles. These are both technical and non technical.
Lastly, learning in countries like Australia is based on research and progress. Moreover, students from all backgrounds and streams are pushed to learn from the best. In addition to this, those who are not into courses that are based on research, get encouraged by their teachers. Besides, your innovation will also improve the reputation of the institute as well as the field in which you innovated.
These are the reasons why Study in Australia can help you get to the top in the field of business administration. Now, let us take a look at the various intakes in Australia.
Study MBA in Top Universities of Australia !
Mentors at Gradding.com are eager to help you help you fulfill your dream.
Australian universities offer a total of 2 intakes to students. These are major and minor intakes. The major intakes in Australia are in February and July intakes. Moreover, the minor intake takes place in November.
Students can apply to any intake they wish to. However, they should remember that not all courses are offered in every intake. Moreover, their favorite colleges might also not offer them during specific intakes. In addition to this, this research is vital before applying for an MBA in Australia. You can get help from certified counselors for the same.
Now, let us talk about the best colleges that offer the MBA course in Australia. The section below will also talk about the average annual MBA fees in Australia for these 15 universities.
Also Read: MBA in UK
As noted before, 70+ institutes in Australia offer an MBA. Moreover, most of them offer more than one specialization to choose from. The table below will help you take a look at 15 of the top colleges for MBA in Australia:
| University Name | Annual Tuition Fees |
| Australian National University | 22 to 23 lakh |
| Monash University | 30.5 lakh |
| University of Melbourne | 62 lakh |
| University of Technology Sydney | 28 lakh |
| University of Adelaide | 13 lakh |
| UQ Business School | 37 lakh |
| Deakin University | 28 lakh |
| Griffith Business School | 27 lakh |
| University of South Australia | 17 to 25 lakh |
| Victoria University | 11 lakh |
| University of Tasmania | 19 lakh |
| University of Queensland | 37 lakh |
| RMIT University | 15 to 20 lakh |
| University of Wollongong | 19 to 23 lakh |
| Macquarie University | 10 to 13.5 lakh |
These are the various institutes and business schools in Australia. The table also mentions their MBA fees in Australia. There is a helpful College predictor Now, let us talk about the various streams in MBA that you can choose from.
Also Read: Which Course is Best After MBA?
Now that you know the top 10 MBA university in Australia and more, let us focus on the various streams that are available in MBA. Most of the universities do offer more than one stream in MBA degree. The most common MBA courses in Australia are:
Finance: If you know money management and numbers on a macro level, you can consider this. Finance specialization can help you achieve roles like Financial Analyst or Investment Manager. Moreover, their average salaries range from INR 1,200,000 to INR 2,500,000.
Marketing: If you have a creative worm in you, opt for Marketing specialization. It can very well be your path to careers in Brand Management or Digital Marketing. Do note that despite being the most common stream in MBA, it has an average salary of around INR 1,000,000 to INR 2,000,000.
Information Technology (IT): IT is an ever developing industry. Thus, there are new roles and jobs almost every day. Specializing in IT can help you get ideal job roles like IT Manager or Data Analyst. Your average salary can be between INR 1,200,000 to INR 2,800,000.
Human Resources (HR): If you're into managerial roles when it comes to micro managing small teams or macro managing a huge organization, go for the HR roles. People management is a crucial skill in this role. An HR specialization can lead to positions like HR Manager or Talent Acquisition Specialist easily. In addition to this, their average salaries range from INR 900,000 to INR 2,000,000.
Also Read: How to Choose the Best MBA Streams?
Entrepreneurship: If you wish to open your own business and have an idea for the same, go for this. Moreover, even if you don't have an idea for the same, you can choose this with respect to motivation. For aspiring business owners, an Entrepreneurship specialization can help them start and run a business. This can get you variant salaries based on your business. Moreover, your business venture is also one that counts.
Supply Chain Management: This specialization is also one of the most common choices. It can prepare you for roles like Supply Chain Manager. You can expect an average salary from INR 1,200,000 to INR 2,500,000.
Healthcare Management: If you want to enter the healthcare industry for a management role, this is the stream for you. The average salaries range from INR 1,200,000 to INR 2,200,000.
International Business: If you're eager to join the business tycoons on the global stage, this specialization can prepare you. Roles like International Marketing Manager, and other related roles. You can get an average salary between INR 1,000,000 to INR 2,200,000.
These are the various streams that you can choose from the vast world of MBA in Australia. Now, let us talk about how to apply for an MBA in an Australian institute. You can use the Course finder online to know which courses are the best for you as per your preferred intake and interest in subjects.
Also Read: Top 10 MBA Streams to Choose From to Study Abroad
The best MBA colleges in Australia have a proper website. To apply for an MBA degree in Australia, you must follow the steps below:
This was the process of applying for an MBA in Australia for Indian students. Now, let us discover the eligibility criteria for the same in the section below:
To enter a business school - MBA, take a look at the requirements Australian colleges have for international students who wish to pursue an MBA:
Moreover, the universities that offer MBA are classified into 3 categories in Australia:
This was all about the eligibility criteria for an MBA in Australia for Indian students. Now, let us see which documents you would need to apply for the same:
This was all about the application process for an MBA in Australia. The next section will talk about scholarships and other financial aid options.
Here's good news for you if you want to fund your MBA in a country like Australia. There are several scholarships to support your dream. Study abroad consultants can help you find them. Moreover, there are university scholarships as well. You can check scholarship in Australia for Indian students from the table below:
|
SCHOALRSHIP NAME |
AWARDS |
ELIGIBILITY |
|
Central Sector Scheme of National Overseas Scholarship |
|
|
|
Dr. Abdul Kalam International UG Scholarship |
|
|
|
Deakin India 10 per cent Bursary |
|
|
|
Macquire University Tuition Fee Grants |
|
|
These are the scholarship in Australia for Indian students to fund their education abroad. However, you can also take student loans which are present in abundance. The next section will discuss the giant employers based in Australia that hire MBA graduates.
Also Read: Scholarships to Study MBA Abroad for Indian Students
Get Scholarships Upto ₹ 8.6Lakhs to Study MBA in Australia !
Firstly, there are several jobs after MBA in Australia. However, there are several employers for the same as well. Take a look at the list of companies in Australia that hire after MBA:
These companies and more like them offer great job opportunities. Moreover, the best part of studying in Australia is that you can apply for an Australian visa. However, do you know which job roles to prepare for while doing your MBA? Take a look at the section below to know the answer.
Here are the job roles and their MBA salary in Australia:
| JOB ROLE | Annual Average Salary |
| Marketing Manager | 83,642 AUD |
| Finance Manager | 103,010 AUD |
| Product Manager | 91,069 AUD |
| Business Development Manager | 82,201 AUD |
| Human Resources Manager | 96,689 AUD |
| Supply Chain Manager | 102,302 AUD |
| Data Analyst | 75,648 AUD |
| Digital Marketing Manager | 85,977 AUD |
| Accounting Manager | 95,237 AUD |
| Management Consultant | 95,150 AUD |
These are the jobs and their MBA salary in Australia which you can consider before deciding to study abroad.
To sum up, there are several reasons to do an MBA in Australia. However, too many options can confuse you while looking for the best. Thus, it is better to take solemn career advice from your mentor regarding your MBA degree. In addition to this, this blog introduces you to the various streams Australia offers. The cost of MBA in Australia for Indian students is in the table for the top 15 colleges in Australia for MBA. Study abroad consultants in Mumbai at Gradding can also suggest where to stay and help you with your visa.
Yes, absolutely! Australia is one of the best destinations to study degrees like business administration.
You can study MBA in Australia in many streams. The most trending of them all are:
You can apply for skilled migration in Australia after completing an MBA. Moreover, if you get a job in Australia after your MBA degree, ask your employer to sponsor your visa in Australia.
The average monthly cost of living in Australia for an individual is 4,312 Australian Dollars. Out of 66 countries, assessed, Australia is the 9th most expensive of them all.
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