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MBA in Australia for Indian Students: Cost, Eligibility & more

According to the Australian High Commission in New Delhi, in 2024, a minimum of 1,22,202 Indian students enrolled to study in Australia, with 20,000 choosing MBA programs. But have you ever imagined why pursuing an MBA in Australia for Indian students is best? Read our blog to identify its answer. So, let's start. 

Know how Indian students can study MBA in Australia in top universities| Gradding.com

Table of Contents

Top MBA Universities in Australia for Indian Students

MBA is one of the highly pursued master's degrees by many students in the world, and it is considered the best degree to head-start your career in the business field. Moreover, studying for an MBA in Australia for Indian students is a once-in-a-lifetime opportunity. Besides, you will find many specializations, like finance, marketing, human resources, business administration, etc. Also, Australia is renowned for its top MBA universities, such as

Thus, you will explore these universities and MBA Fees in Australia for Indian Students in detail in this section. So, let's embark.

Are you dreaming of studying MBA in Australia but don’t know where to start?

The Melbourne University  

Melbourne University stands at the forefront of the list of best universities for MBA in Australia for Indian students. They have developed their MBA courses with a keen focus on providing A-1 practical skills and knowledge. Also, they offer the best placements, where students get a chance to put what they have learned into practice.

Average MBA tuition fees - AUD 103,500 

UNSW Sydney           

UNSW Sydney is a well-known university for MBA in Australia, as its full-time MBA degree is ranked #1 in this nation. Moreover, its MBA courses are developed by internationally recognized faculty, and many corporate and government sectors are integrated, offering the best job placements to students.

Average MBA tuition fees - AUD 104,400

Macquarie University

According to the QS Subject Ranking 2025 (Global MBA), Macquarie University ranked # 5 for the best courses in MBA in Australia. Moreover, the lecturer here provides core subject insights and guidance that assist in accelerating student's professional development. Thus, pursuing an MBA in Australia for Indian Students from here would be the best choice.

Average MBA tuition fees - AUD 80,000

University of Queensland

The University of Queensland offers the best courses of MBA in Australia for Indians. In addition, this course teaches students about the best business capabilities, strategies, and innovative ideas. Moreover, students gain globally recognized skills such as leadership, marketing, and critical-thinking skills that help them to solve real-world problems by working in the corporate sector.

Average MBA tuition fees- AUD 76,560

RMIT University

RMIT University is popular for offering the best MBA courses. They use a facilitated learning approach that frames students' learning through WIL (work-integrated learning) courses, case studies, and business mentoring support. Therefore, you will get an exceptional education by studying for an MBA in Australia at RMIT University.

Average MBA tuition fees- AUD 73,440

These are the top universities to study MBA in Australia for Indian students to pursue this course and gain multiple business-related skills and knowledge. Moreover, the MBA Duration in Australia is 2 years, and it can vary from specialization. However, if you are confused about choosing one university, use our College Predictor tool. It will provide the best option for a university that matches your interests. Now, let's explore the eligibility criteria for studying for an MBA in the next section.

Eligibility Criteria for Indian Students to Study MBA in Australia

To pursue an MBA in Australia, you need to follow certain rules and regulations set by universities. Thus, we have shared the basic eligibility to study MBA in Australia below. Have a look.

  1. Bachelor’s degree from a reputed university
  2. Minimum GPA of 2.5 to 3.0 and CGPA of 60%
  3. English proficiency test scores IELTS- 6.5, TOEFL-79-90, PTE-58-64  
  4. Entrance exam scores of GMAT-550-600 and GRE-varies as per institute
  5. Work experience 2-5 years

This is the eligibility criteria for studying an MBA in Australia for Indian students. However, to get admission, you need to submit a few documents. Thus, identify them in the next segment.

Want to get admission to top Australian universities to pursue an MBA?

Admission Requirement for MBA in Australia for Indian Students

Understanding the admission requirements to study MBA in Australia for Indian students can be complex, as it involves several documents for approval. Therefore, here is the list of documents needed in admission requirements to study MBA in Australia. So have a look.

  • Bachelor’s degree
  • Academic transcript certificate
  • Minimum GPA and CGPA scores
  • Work experience certificate
  • Scores of English proficiency tests like IELTS, TOEFL, PTE, etc.
  • Entrance exam scores of GMAT and GRE
  • Statement of Purpose (SoP)
  • Letters of Recommendation
  • Application form
  • Passport copy
  • Proof of financial funds  

These are the admission requirements to pursue an MBA in Australia for Indian students. However, according to study abroad consultants, these requirements vary among courses and colleges in Australia. Now, in the next section, let's explore the cost of studying this course.

Cost of Studying MBA in Australia for Indian Students

It is well said that studying abroad is just like breaking the bank, but if you estimate the Cost of Studying MBA in Australia for Indian students you can easily manage your daily expenses. Thus, we have created a table of the overall cost of studying, including fees and other expenses.  So, have a glimpse.

Expense CategoryEstimated Monthly Cost (AUD)*
Fees$126,000 (INR 1,09,01,683)
Accommodation$800 - $2,000 (INR 69,217 -  1,73,042)
Transportation$100 - $200 (INR 8,652 - 17,304)
Health Insurance$50 - $150 (INR 4,326 - 12,978)
Utilities (electricity, water, internet)$150 - $250 (INR 12,978 - 21,630)
Groceries$300 - $500 (INR 25,956 - 43,260)
Mobile Phone$50 - $80 (INR 4,326 - 6,921
Entertainment$100 - $300 (INR 8,652 - 25,956)
Dining Out$300 - $500 (INR 25,956 – 43,260)
Miscellaneous Expenses$200 - $300 (INR 17,304 – 25,956)
Total$1,30,280 (INR 1,12,71,994)

This is the estimated cost to Study MBA in Australia for Indian Students in rupees. We understand it can be an uphill battle for Indian students to study abroad, but you can use financial aid, such as a scholarship, to achieve your dream.

Conclusion,

In short, pursuing an MBA in Australia for Indian students is a dream, but the variety of specializations and universities can create confusion. Thus, in this blog, we have shared the best universities to pursue an MBA, and detailed admission requirements to get an allowance to study here. Also, you can use our Course Finder tool to choose the best MBA course. It provides suitable options that match your academic background and your interests. However, if you need any guidance or want to clear doubts regarding an MBA in Australia, you can get connected to our Overseas education consultants in Hyderabad at Gradding. They are 24X7 available to assist with study abroad.Course Finder 

FAQ's

Is GMAT Compulsory for an MBA in Australia?

It depends, as many universities require GMAT scores as an entrance exam to give admission.  Moreover, its score varies from college to course, so it is essential to check this information by consulting the university faculty.

Is Australia Good for an MBA?

Yes! It's good to pursue an MBA in Australia for Indians as they get several opportunities. Also, they get exposure to experience new education systems, courses, and advanced classrooms. In addition, they get the best job options.

Who is Eligible for an MBA in Australia?

Any bachelor's student can study MBA in Australia. Hence, they just need to sync their profile with the eligibility criteria that is to submit a bachelor's degree, have a good CGPA, score on English language skills tests and work experience.

Is there any scholarship for Indian students to study MBA in Australia?

Yes! There are numerous scholarships for Indian students to study MBA in Australia, such as.

  • Melbourne Business School MBA Scholarships
  • AGSM Excellence Scholarship by the University of New South Wales (UNSW)
  • MBA Student Scholarship by the University of Queensland
  • International Student Award by the University of Western Australia

Is an MBA from Australia worth it?

Yes! Studying MBA in Australia is worth every penny. Hence, this nation ranks among the top five countries to study MBA. Also, its degree is globally recognised.

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