Australia is one of the finest study-abroad destinations, its institutions are affordable yet they offer several scholarship opportunities to domestic and international students, especially international students. In this guide, we will be discussing MBA in Australia for international students -scholarship general requirements, the cost of postgraduate programs, important dates, and more.
Quality education, high research opportunities, and excellent career prospects make Australia a hot favorite study destination for MBA aspirants. Apart from this, favorable visa policies also get a lot of students to pursue their studies in Australia. Australian universities are internationally recognized and offer courses in the most preferred language, i.e. English. Management courses in Australian institutions focus on imparting leadership qualities and giving real-world experience by offering internships in top companies. Excluding this, Australia is a multicultural country; students get to experience a diversified cultural environment on issues concerning business and management.
Australia Intake For MBA for International Students
Two main intakes for applying to Australian universities:
- February
- July
- November (applicable for a few universities)
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Living Cost for Students Studying MBA in Australia
Except for the tuition fee for the chosen course, there are other requirements one needs to fulfill. The overall expenditure including hostel and meals, transportation, other study-related and personal expenses, and insurance will cost close to AUD 20,700. (Figures can be different based on the lifestyle of an individual and place of living)
How long does it take to study MBA in Australia?
In most Australian universities, the duration to study MBA program is two years. The MBA period at most Australian universities is between 15 months and two years. In addition, many universities offer one-year MBA programs because Melbourne Business School has started a one-year MBA program that is very popular with domestic and international students around the world.
Below is a list of universities in Australia offering MBA programs and how long it takes to complete.
| B-Schools | Duration of the course |
| Melbourne Business School | 16 months |
| Macquarie University | 1 Year |
| University of Tasmania | 1.7 years |
| University of Canberra | 2 years |
| Australian National University | 1.5 years |
| Monash University | 2 years |
| Bond University | 1 year |
| University of Western Australia | 16 months |
| University of Technology, Sydney | 2 years |
| Central Queensland University | 1-2 years |
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MBA in Australia Requirements
Some of the requirements for admission to study MBA in an Australian university or are:
Undergraduate degree:
Applicants must have received an undergraduate degree in any area from a recognized university.
IELTS:
Students must have secured a good IELTS score to obtain an Australian visa. Students from non-English speaking countries have to prove English language skills in order to be admitted to the university.
Professional experience:
Although not mandatory, professional experience of at least two or three years is an advantage for candidates. Most universities prefer applicants with 2-3 years of professional experience in their field.
GMAT:
Most universities and colleges in Australia accept the GMAT score for admission to the study MBA program. A good graduate management admission test (GMAT) is required to go to a higher university to receive an MBA. However, the average GMAT score for admission to an Australian university is 590.
The aforementioned requirements must be met be an international student is accepted to study MBA in Australia.
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MBA in Australia Cost
One of the most important factors in choosing a university to study MBA in Australia is the curriculum and the cost of the program. Always compare the cost of studying at different universities and choose the one you can afford. According to mbanews.com, the cost of an MBA in Australia rose by 5.6% from 2017 to 2018. Therefore, always consider several factors that add to the cost, such as the cost of the course. , accommodation, travel, and research costs for project work.
List of MBA Universities in Australia and Cost
| University/School/Provider | Estimated Total Course Fee |
| University of Sydney Business School – Global Executive MBA | $97,500 |
| University of New South Wales (AGSM) – MBA Full Time | $87,820 |
| University of Melbourne (MBS) – MBA | $85,470 |
| University of New South Wales (AGSM) – MBA (Executive) | $84,135 |
| Macquarie University (MGSM) – MBA | $80,000 |
| University of Sydney Business School – MBA (Full-time) | $75,000 |
| University of Western Australia – MBA Full Time Intensive | $73,500 |
| Curtin University – MBA (Advanced) | $71,200 |
| Monash University – MBA (B6016) | $65,600 |
| University of Technology Sydney – MBA | $62,784 |
| University of Adelaide – MBA | $60,000 |
| QUT Business School – MBA | $57,600 |
| University of New South Wales (AGSM) – MBAX | $56,520 |
| Bond University – MBA | $56,373 |
Exams needed to study MBA in Australia
Interested applicants who want to study MBA in Australia but do not meet the English language requirements of IELTS/TOEFL/PTE can pursue English Language Intensive Courses for Overseas Students (ELICOS) courses; which is an equivalent of English language courses in Australia. This is important, as a language test is one of the requirements to study MBA in Australia.
Students who are required to prove English language proficiency to study at any university or vocational college or want to work can take any course under ELICOS. There are diverse types of ELICOS courses, students can take any course based on their requirements.
How can International Students get Scholarships for MBA in Australia?
If you are looking for an MBA scholarship in Australia as an international student, you should consider the performance-oriented MBA scholarship (Global). The maximum number of scholarships offered is two. To apply for the MBA (Global) scholarship, the candidate must: have an offer for admission to the MBA (Global) study. There are a lot of other ways one can get scholarships to study in Australia. The institution you choose to study should have financial aid. Always find out if opportunities like that are available.
Annual Scholarships for MBA in Australia for International Students
Here are some of the annual scholarships that you stand a chance to benefit from when you study MBA in Australia as an international student.
Curtin University MBA International Students Scholarships in Australia
This Scholarship is offered for international students taking an MBA in Australia in the field of Business Administration. This scholarship is always open. It is made available by Curtin University and the value of this scholarship is partial funding, $1,250 towards the tuition fees of each unit for 12 units or 8 units.
Host Platform
Curtin University
Eligible Study Level/Field
MBA Students
Eligible Group
The candidates applying for this scholarship should be international students.
General Eligibility Requirements
The candidates applying for this scholarship should be international students.
The applicants are expected to start as soon as possible. The candidates applying for this MBA in Australia scholarship should have been offered the MBA program for full-time Onshore International Students. The applicants should be admitted for at least 75 credits each trimester.
Scholarship Benefits
The successful applicants of the scholarship will get $15,000, paid like $1,250 for the tuition fees for each unit for the 12-unit MBA program, or $10,000, paid like $1,250 for the tuition fees for every unit for the 8-unit MBA program.
Application Guidelines
- The candidates applying for the scholarship are not required to submit a different application for the scholarship.
- The applicants for the MBA will be automatically assessed for this scholarship.
- The candidates will be assessed based on their academic merit, documentary evidence attached to the MBA application form, and responses to the questions that would be asked in the application form for the MBA.
Application Closing Date
Applications for this MBA in Australia scholarship are accepted any time of the year.
Monash University MBA International Women in Leadership Scholarships for international students
The MBA International Women in Leadership Scholarships in Australia by Monash University is offered for an MBA master’s degree in the field of Business Administration. You can apply for this scholarship with the link that will be made available at the end.
Host Platform
Monash Business School
Eligible Study Level/Field
Masters, MBA
Eligible Group
Only international applicants are eligible
General Eligibility Requirements
- Applicants of this Scholarship must be applicants of the MBA program in Monash Australia.
- Applicants should be female
- Only international applicants are eligible, i.e. Australian citizens or permanent residents are not eligible.
- Candidates will be chosen based on career planning and trajectory and individual contribution towards the advancement of the community and organization.
- Candidates applying for this MBA in Australia Scholarships will be selected based on career planning and trajectory and their contribution towards the advancement of the home community and organization.
Scholarship Benefits
Partial Funding, up to $24,000
Application Guidelines
While applying online, applicants are required to submit some documents, a personal statement, and a scholarship application statement in about 500 words.
Monash MBA International Excellence in Leadership Scholarships
Monash MBA International Excellence Scholarships are offered for Masters and MBA degrees in the field of Business Administration. It is open to domestic and international students in Australia
Host Platform
Monash Business School
Eligible Study Level/Field
MBA and other Master’s students
Eligible Group
Candidates from Australia and other international Communities
General Eligibility Requirements
- Candidates for Monash MBA must be applicants for an MBA program.
- The scholarship is open to international students.
- Candidates applying for this MBA in Australia scholarship must not hold an Australian citizenship, permanent residency, or a permanent humanitarian visa the person must be an international student.
- Candidates are going to be selected on the basis of career planning and trajectory and their individual contribution towards the advancement of their home community and organization.
- While submitting your application online, candidates are required to submit a few other documents, a personal statement including a scholarship application statement of about 500 words.
Scholarship Benefits
Partial Funding, up to $16,000
Melbourne Business School Diversity Excellence Scholarships
Melbourne Business School is offering an MBA in Australia scholarship for an MBA degree in the field of Business administration.
You can apply for this scholarship at the end of the content through the provided link.
This scholarship is powered by Melbourne Business School and the value of this award is Partial Funding for tuition fees.
Host Platform
Melbourne Business School
Eligible Study Level/Field
MBA Students
Eligible Group
This scholarship is open to domestic and international students
General Eligibility Requirements
- The students eligible for MBA programs are eligible for MBA scholarships.
- The scholarship is very competitive and the applicant should be able to fund himself.
- The scholarship is meant for students who are outstanding in academics.
- The MBA in Australia scholarships aim to promote diversity and seek excellent candidates from different countries and backgrounds.
- This scholarship is open to international candidates with full-time MBAs. The admitted MBA students will automatically be considered for this scholarship and will be notified about the scholarship support at the admission notice.
Scholarship Benefits
The successful applicants for this MBA in Australia scholarship will receive $50,000 towards tuition fees.
The applicants are to submit their applications before the stated deadline. The applicants will be informed of additional documents if they are admitted into the MBA program.
Application Closing Date
This scholarship is an annual scholarship and closes on 31st May.
Frequently Asked Questions on MBA in Australia for International Students
How much does an MBA cost for international students in Australia?
If you are an international student who wants to pursue an MBA degree in an Australian university, expect to pay a fee of AUD 699,186.
Who is eligible for an MBA in Australia?
Eligibility requirements for an MBA in Australia may include taking the GMAT exam because most institutions request a good score. A bachelor’s degree with an average score of 60% is also required at most Australian institutions.
What are the eligibility criteria for an MBA in Australia?
Basic requirements for an MBA include a bachelor’s degree, work experience of 2-5 years (although it varies by university), English language proficiency (TOEFL or IELTS), and GMAT/GRE scores.
What are the top universities offering MBA programs in Australia?
Australian universities offering MBA programs include the Australian National University, the University of Melbourne, the University of Sydney, the University of New South Wales (UNSW Business School), Monash University, and the University of Queensland (UQ Business School).
What is the cost of pursuing an MBA in Australia?
Expect to pay about AUD 40,000 to AUD 120,000 depending on the institution and program. Living expenses, health insurance, and accommodation may cost about AD 20,000 to AUD 30,000.
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