MBA in Australia for Indian Students – Top Colleges, Specializations, Fees, Eligibility, Visa

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?

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. 

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