First, some facts.
- 14 universities under the top 200 Business Management institutes’ list as per the global rankings;
- Amongst the top 5 study abroad destinations for international students;
- AACSB, AMBA, and EQUIS-accredited B-schools.
These are some of the reasons why an MBA in Australia for Indian students is among the most preferred choices. In fact, as per the recent govt. data, the country has over 95,000 Indian students making up 23% of the total international student population in Australia.
If you plan on becoming one of those students, this page has everything you need to know to kickstart your admission planning.
Here’s a sneak peek at what all awaits you –
- MBA in Australia for Indian Students – An Overview
- Why Study MBA in Australia?
- Top Ranking MBA Colleges in Australia for Indian Students
- Top MBA Specialisations in Australia for Indian Students
- Cost of Studying MBA in Australia for Indian Students
- Cheapest Universities to Study MBA in Australia for Indian Students
- MBA in Australia With Scholarships
- Eligibility Requirements to Study MBA in Australia
- FAQs for MBA in Australia for Indian Students
MBA in Australia for Indian Students – An Overview
Before we delve further, let’s get a sneak peek at what studying MBA in Australia for Indian students looks like.
| No. of Australian universities offering MBA | Over 130 |
| No. of universities under the top 200 list (globally) | 14 |
| MBA course duration | 2 years |
| Top MBA specialisations offered | Finance, E-Commerce, International Business, Strategy & Leadership, and Human Resource Management |
| Type of MBA offered | Full-time MBA Online MBA Executive MBA Distance Learning MBA |
| Year division | Semester-wise |
| Avg. cost of MBA in Australia | AU$ 59,966 (approx ₹ 32.7 lakhs) |
| English language proficiency tests required | IELTS, TOEFL, etc |
| Subject tests required | GMAT and GRE |
| Scholarships | Yes |
| Top 5 universities offering MBA in Australia for Indian students | The University of Melbourne, The University of New South Wales, The University of Sydney, Monash University, and The University of Queensland |
| Intakes | February July November |
Why Study MBA in Australia?
You are currently on this page, reading about getting an MBA in Australia. So, you definitely have some idea about why it would be a good option for you.
Let us now give you a bigger picture and give you points that would tell you why you should do MBA in Australia.
Other than the reasons stated above, here are some more arguments that tell you why getting an MBA in Australia for Indian students is a good option.
- Choices in the type of MBA programmes: Depending on your preference and convenience, you can choose an MBA in Australia out of all the different types offered – a Full-time MBA, Online MBA, Executive MBA, and Distance Learning MBA
- Internationally accredited courses: The MBA programmes in Australia are accredited by international bodies like AACSB (Association to Advance Collegiate Schools of Business), AMBA (Advanced Microcontroller Bus Architecture), and EQUIS (European Quality Improvement System).
- Affordable education: Studying abroad always sounds like an expensive affair. And, that is the truth in many cases. But, as an Indian student doing MBA in Australia, you would find many affordable universities providing quality education. The average tuition fee for such universities may cost as much as ₹ 20 lakhs or less.
- Availability of specialisations: Healthcare Management, Banking, Agriculture, Interior Designing – what’s your pick? Thanks to the ample specialisations offered at MBA universities in Australia, running out of choices will never be an issue for you.
- Cultural diversity amongst students: Despite it being a small country and facing some dip in the influx of international admissions due to Covid, Australia receives over 400,000 international student admissions from more than 100 countries. If that doesn’t tell you how much cultural diversity you will be exposed to then what would, right?
- Employment opportunities: With a work permit, you can work for as long as 20 hours per week while completing your MBA. And after that, you will be able to explore over 45,000 job vacancies that the country opens for MBA degree holders every year.
- Quick visa processing: Unlike the student visas of other countries like France, Ireland, the USA, Canada, etc, the processing time for an Australian student visa is 1 to 1.5 months.
Top Ranking MBA Colleges in Australia for Indian Students
Here are the top 15 colleges to study MBA in Australia for Indian students as per the QS World University Rankings by Subject 2022: Business & Management Studies.
| Top MBA Universities | QS World Rankings 2022 | Overall Scores |
| The University of Melbourne, parkville, Australia | 34 | 79.2 |
| The University of New South Wales, Sydney, Australia | 44 | 77.5 |
| The University of Sydney, Sydney, Australia | 47 | 76.5 |
| Monash University, Melbourne, Australia | 52 | 76.2 |
| The University of Queensland, Brisbane City, Australia | 76 | 73.1 |
| The Australian National University, Canberra, Australia | 83 | 72.7 |
| University of Technology, Sydney, Haymarket, Australia | 127 | 68.9 |
| Curtin University, Perth, Australia | 151-200 | — |
| Deakin University, Burwood, Australia | 151-200 | — |
| Macquarie University, Sydney, Australia | 151-200 | — |
| Queensland University of Technology, Brisbane, Australia | 151-200 | — |
| RMIT University, Melbourne, Australia | 151-200 | — |
| The University of Western Australia, Perth, Australia | 151-200 | — |
| University of South Australia, Magill, Australia | 151-200 | — |
| Griffith University, Nathan, Australia | 201-250 | — |
Top MBA Specialisations in Australia for Indian Students
As mentioned above, running out of specialisation options would never be an issue you would have to face while planning to study MBA in Australia.
Here are some of the top MBA courses you can opt for or explore before starting your application process or hunting for your dream B-School.
| MBA in Operations | MBA in Marketing | MBA in Digital Marketing | MBA in Finance |
| MBA in Insurance and Risk Management | MBA in Productions | MBA in International Business ` | MBA in Healthcare Management |
| MBA in Logistics | MBA in Interior Designing | MBA in Banking | MBA in Airport Management |
| MBA in Agribusiness | MBA in Aviation Management | MBA in Information Technology | MBA in Material Management |
| MBA in Entrepreneurship | MBA in Power Management | MBA in Agriculture | MBA in Human Resource Management |
| MBA in Pharmaceutical Management | MBA in Data Analytics | MBA in Communication | MBA in Computer Science |
| MBA in Media Management | MBA in Energy Management | MBA in Logistics and Supply Chain Management | |
Cost of Studying MBA in Australia for Indian Students
It goes without saying that your tuitions will vary depending on the university you have applied to. And it can vary drastically. While the University of Melbourne costs about AU$ 89,000 (₹ 48.76 Lakhs), some universities can cost you anywhere from ₹ 8 Lakhs to ₹ 12 Lakhs.
Here’s a list of some of the top B-schools in Australia along with their education cost.
| University Name | Cost of Studying MBA |
| The University of Melbourne | AU$ 89,500 (₹ 49.04 Lakhs) |
| University of New South Wales | AU$ 86,400 (₹ 47.34 Lakhs) |
| The University of Queensland | AU$ 80,808 (₹ 44.27 Lakhs) |
| Macquarie University | AU$ 59,700 (₹ 32.71 Lakhs) |
| Australian National University | AU$ 47,880 (₹ 26.23 Lakhs) |
| Monash University | AU$ 44,000 (₹ 24.10 Lakhs) |
| The University of Western Australia | AU$ 40,000 (₹ 21.91 Lakhs) |
| RMIT University | AU$ 37,440 (₹ 20.51 Lakhs) |
| Deakin University | AU$ 29,000 (₹ 15.89 Lakhs) |
Cheapest Universities to Study MBA in Australia for Indian Students
If the list of universities above is something you wouldn’t want to go for because of the high education cost, here are some other options you can explore. The average tuition cost for these institutes ranges from ₹ 8 lakhs to ₹ 12 lakhs.
| University of Southern Queensland | IIBIT (International Institute of Business and Information Technology) |
| Federation University | Central Queensland University |
| Victoria University | Edith Cowan University |
| Charles Darwin University | Holmes Institute |
| Kaplan Business School | |
Still not sure about how to choose the perfect MBA college for yourself? Fret no because SelectRight is here. Now find your best-fit university based on actionable advice, personalized recommendation, and exclusive events.
MBA in Australia With Scholarships
Top universities in Australia offer scholarships for the MBA programme. Here are some of the scholarships that you can opt for –
| Scholarships | Offering Universities | Scholarship Benefits |
| India Global Leaders Scholarships (Business, Economics, and Law) | University of Queensland | AU$ 5,000 (₹ 2.74 lakhs) to AU$ 20,000 (₹ 10.96 lakhs) |
| MBA International Scholarship | Curtin University | AU$ 15,000 (₹ 8.22 lakhs) |
| Curtin International Scholarship | Curtin University | A tuition fee waiver of 25% for the first year of the degree programme |
| MBA Global International Student Scholarship | University of Newcastle | AU$ 2,500 (₹ 1.37 lakhs) |
| USQ Scholarship | University of Southern Queensland | A tuition fee waiver of 20% |
| MBA (Global) Scholarship | Curin University | A tuition fee waiver of 20% |
| CEG Scholarship | University of Southern Queensland | A tuition fee waiver of 20% |
| MBA Student Scholarship | University of Queensland | A tuition fee waiver of 25% |
| Curtin University MBA International Student Scholarship | Curtin University | – |
| Monash MBA International excellence in Leadership Scholarships in Australia | Monash Business School | – |
| Dean’s Scholarship for Women and Management | University of Melbourne | – |
| ANU Research School of Management Master of Business Administration Scholarship | Australian National University | – |
Still worried about not being able to afford your tuition cost of studying MBA in Australia? Try the funding options that are right for you – hassle-free student loans that help you save up to 30 lakh rupees in your entire loan journey.
Eligibility Requirements to Study MBA in Australia
Here are some pre-requisites for studying MBA in Australia as an Indian student. However, you must know that each university may have different requirements. So, before you begin your application process, you must check out the international students’ portal of the intended university and ensure your eligibility for the course.
Educational Qualification:
- You must have completed your 10+2+3 years of education in the same order.
- Your latest degree must have been issued by a recognized university.
- You must have scored a minimum of 60 percent marks in your bachelor’s degree.
English Language Test Requirement:
- You must have scored at least 6.0 or above in IELTS.
- Your test score must be valid.
Subject Test Requirement:
- Many universities require you to provide your GMAT scores with your application.
- For this, your score card must show a score of 600-800.
Work Experience:
Like many graduate-level programmes, you are required to hold some professional experience for MBA in Australia as well. On average, you could be required to possess 2 to 5 years of work experience.
Explore some of the top universities with their minimum work requirements for an MBA.
| Universities | Minimum Work Requirement |
| Monash University | 3 years |
| The University of Queensland | 2-4 years |
| Australian National University | 5 years |
| University of Sydney | 3 years |
| University of Melbourne | 2 years |
Frequently Asked Questions on MBA in Australia for Indian Students
Question 1: Can I do MBA in Australia without GMAT?
Answer: Yes, there are many universities that offer an MBA in Australia without GMAT scores. Some of them are – The University of Sydney Business school, Curtin University, James Cook University, Australian Catholic University, Sydney Graduate School of Management, Macquarie Graduate School of Management, Sydney Business School (University of Wollongong), Faculty of Business and Economics (Monash University), La Trove University, and ANU College of Busines and Economics (Australian National University).
Question 2: When can I apply for MBA in Australia?
Answer: You can apply for an MBA in Australia in February, July, and November.
Question 3: How much would an MBA in Australia cost?
Answer: Depending on the college of your choice, it can cost you anywhere from ₹ 15 lakhs to ₹ 50 lakhs or above.
