Pursuing an MBA in Australia is a great opportunity for Indian students who are interested in studying abroad. The location of Australia is one of the top preferences of Indian students who are aware of the quality universities that offer strong MBA programs to students. One of the top universities in Australia to offer an MBA program is Melbourne Business School, and there are many universities where students get a high standard of education.
But what about the MBA fees in Australia? How much does it cost to pursue an MBA in Australia? And what about the opportunities that can come from enrollment in the MBA program at any good Australian university: do they have a good return on investment for all your time and money? Let’s look at the significant details of studying an MBA.
Top Universities in Australia to Pursue an MBA as an Indian Student
There are many top-ranked universities in Australia for Indian students to study for a Master’s in Business Administration (MBA) and have great opportunities after graduation. Here are some of the top universities that are in demand to pursue an MBA in Australia:
University of Melbourne
A part of the University of Melbourne, Melbourne Business School is among the top 30 MBA schools in the world. It offers a strong MBA program that has a total duration of 1 year for a full-time course in MBA course.
University of New South Wales
Based in Sydney, the University of New South Wales offers a 12-16 month MBA from AGSM, which is among the top 50 globally. It has several specializations, such as finance, innovation, supply chain, and leadership.
Monash University
Monash University offers an MBA in Australia for Indian Students that has accreditations from AACSB and EQUIS, two accreditations that set high standards for universities specializing in providing business education. The MBA program is full-time and lasts up to 2 years with a focus on strategic management and innovation.
Macquarie University
A part of Macquarie University, MGSM is located in Sydney and is ranked among the top 100 business schools on a global level. This MBA program is popular for its flexibility and leadership development.
How Much Does It Cost to Do an MBA in Australia?
The exact cost of pursuing an MBA in Australia is dependent on the university and the particular program chosen. The tuition fee in Australia for an MBA program can go as low as $15,000 per year, and as high as $100,000 per year. There are different types of MBA programs that students can pursue, ranging from 12 months to 18 months, sometimes even 24 months. Based on these programs, the table below represents the range of educational costs to pursue an MBA from Australian universities for the different types of programs.
| Program Type | Fee Range (AUD) |
| General MBA | 48,000-75,000 |
| Executive MBA | 60,000-90,000 |
| Specialized MBA | 50,000-85,000 |
| Online MBA | 30,000-50,000 |
| Part-Time MBA | 40,000-65,000 |
| Global MBA | 55,000-85,000 |
| Dual-Degree MBA | 70,000-100,000 |
Return on Investment After Pursuing an MBA in Australia
After completing the MBA program, Indian students can expect to find job opportunities in different industries like consulting, banking, IT, healthcare, and education that pay in the range of AU$90,000-120,000 per year. The graduates can also expect to get top roles as business consultants, business analysts, management consultants, project managers, or operations heads.
Conclusion
An MBA in Australia is a great opportunity and investment for all Indian students. It can open the pathways to permanent residency, too. Students pursuing the MBA in Australia can apply for a post-study work visa of 2-4 years after graduation, depending on their level of education and place of residence. By contributing to Australia’s skilled migration program, the Indian students graduating with an MBA can expect to get a PR.
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