Sign In
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
New Delhi: Pursuing a Master of Business Administration (MBA) in Australia is among the more sought-after options for students worldwide. Renowned for its globally recognised universities, strong industry connections, and diverse career opportunities, Australia provides high-quality education that prepares students for leadership roles across various sectors. An MBA from Australia offers a competitive advantage in the global job market, with opportunities for innovation, research work, and practical learning.With world-class universities, multicultural campuses and scholarship options Australia is one of the prime destinations for management programme admission. Aspirants need to meticulously plan their applications, finances and visa processes for the MBA journey in Australia.
To apply for an MBA programme in Australia, students must fulfil specific eligibility requirements:Bachelor’s Degree – An undergraduate degree in any discipline from a recognised institution.Work Experience – While not mandatory at all universities, many leading business schools require applicants to have 2 to 5 years of professional experience.English Proficiency – International students must submit IELTS (minimum 6.5–7.0) or TOEFL (minimum 90–100) scores.GMAT, GRE Scores – Some universities require GMAT or GRE scores. Some of the universities offer waivers based on academic or professional experience.Statement of Purpose (SOP), Letters of Recommendation (LORs) – A compelling SOP and two to three LORs from employers or professors.
The cost of an MBA in Australia varies depending on the university and course structure. On average, tuition fees range from AUD 40,000 to AUD 90,000 per year. Some renowned universities such as the University of Melbourne and the University of Sydney, may charge higher fees. In addition to tuition fees, students will also have expenses for accommodation, transportation and living expenses, which typically range from AUD 20,000 to AUD 30,000 annually. Scholarships and financial aid are available for deserving international students.
The admission process for an MBA in Australia follows a structured approach. First, students need to shortlist universities based on rankings, fees, curriculum and location. Next, prepare for required exams such as IELTS or TOEFL for English proficiency and GMAT or GRE if mandated by the university. The application process involves submitting an online form along with essential documents like transcripts, a statement of purpose (SOP), letters of recommendation (LORs), and work experience certificates. Some universities also conduct personal interviews or video assessment rounds. Upon selection, students receive the offer letter. After this secure finances through scholarships, education loans, or self-funding, followed by applying for an Australian student visa.
The top MBA colleges in Australia according to the QS Global MBA Rankings 2025:
| Rank in Australia | Business School | Global Rank | Location |
|---|---|---|---|
| 1 | Melbourne Business School (University of Melbourne) | 32 | Melbourne |
| 2 | AGSM (Australian Graduate School of Management), UNSW | 39 | Sydney |
| 3 | University of Sydney Business School | 47 | Sydney |
| 4 | Monash Business School (Monash University) | 58 | Melbourne |
| 5 | UQ Business School (University of Queensland) | 65 | Brisbane |
| 6 | QUT Business School (Queensland University of Technology) | 78 | Brisbane |
| 7 | RMIT University – Graduate School of Business | 85 | Melbourne |
| 8 | Macquarie Business School (Macquarie University) | 90 | Sydney |
