Are you considering to study an MBA and management education in Australia? You’re not alone.
Australia’s warm climate, overall diversity and strong economy attract international students every year. Pursuing an MBA in Australia will help you advance in your career.
Studying an MBA encourages critical and innovative thinking to solve real-world issues.
If you are looking for a course that will give you an intellectually challenging environment and an interesting perspective, then consider choosing an MBA in Australia.
1. What is an MBA?
The MBA (Master of Business Administration) offers students an understanding of how different processes and people work in the business world as well as prepare students to climb the corporate ladder.
For those who already work in managerial positions, MBA programs help them to develop core management skills that they would have otherwise not achieved in the workplace.
It has been estimated that MBA programs have over 21,000 students and 77 internationally recognised courses in Australia.
2. MBA Institutes in Australia
Studying an MBA at an Australian University not only gives you a rich intercultural experience but also provides you with an opportunity to train in an exceptionally competitive environment. According to the QS World Ranking, some of the business schools in Australia are amongst the top 100. This makes it a popular MBA study destination in the world.
Here are some of the top universities for MBA in Australia:
For more information about universities, you can research online or reach out to past graduates and alumnis.
Most MBA programs in Australia last for a period of one to two years (full-time study). There are two types of MBA programs:
General Management Program
A general MBA program lays emphasis on the fundamentals of management. It covers core management fields such as entrepreneurship, HRM, finance, marketing, and more.
There are other MBA programs that focus on a specific discipline/domain, these programs are known as specialisation programs. A typical specialisation program consists of both specialisation-specific subjects and general management subjects.
4. Top MBA Specialisations in Australia
MBA and management education institutions in Australia offer specialisations in various fields including the following:
Accounting and Finance
Human Resource Management
Innovation and Entrepreneurship
5. Different Modes of Learning
You’ll find different learning modes in Australia specially designed keeping everyone’s preferences in mind. Students may choose a learning mode according to their current situation (student, international student or employed).
Here are a few modes of learning:
Regular Classroom Programs
Executive MBA Programs
Fast-track Programs (intensive/accelerated mode)
Online Learning Programs
6. Eligibility Criteria
To enrol into an MBA and management education program in Australia, you need to fulfil some basic requirements. Let’s see what are the basic entry requirements for pursuing an MBA in Australia:
Minimum educational qualification - Bachelor’s degree or equivalent
Work Experience - 3 to 4 years (it may vary)
GMAT or relevant admission test
International students and non-native English speakers must have a valid score in English language tests like IELTS (International English Language Testing System), PTE (Pearson Test of English Academic) or TOEFL (Test of English as a foreign language).
Entry requirements may vary from institute to institute. For instance, some of the institutes ask for 2 to 3 years of work experience, while others may have relaxed norms when it comes to considering work-experience.
7. Benefits of pursuing an MBA from Australia
Australia is a multicultural country where students get to study in an environment that merges both the western and the eastern world. This gives students a wide cultural perspective of business and management.
MBA universities in Australia mainly focus on developing leadership qualities and communication skills of the students
MBA is an internationally recognised program that enhances the potential of the students and provides various career opportunities.
8. How to Choose a University in Australia?
Choosing a university in Australia can be a difficult task. Here are a few factors that international students must consider while selecting a university to pursue an MBA degree in Australia.
Academic Excellence - The first thing that you need to consider is that the university you choose to study has excellent teaching standards and a high-quality education.
Location - Get to know the location of the university and its surrounding area as you’ll be residing there for a considerable period of time.
Cost - Consider the MBA programs cost as it varies from one university to the other.
International student support – It’s crucial to know that the university you are applying for has a well-planned structure for international students including accommodation help, orientation to the university and other advisory services.
9. MBA Fees in Australia
The tuition fees for an MBA degree in Australia vary from one institute to another. The fees usually depend on the following factors:
Location of the Institute
Type of institute (Private/Government)
Rating and status of the Institute
Scholarship status of a student, if applicable
Nationality of a student (International or Australian)
The average fees of an MBA program starts from AUD $50,000. Always remember to compare the study in Australia cost and go for the one that is easy on your pocket.
Useful Topics to Explore:
|⇒ Types of Education in Australia|
|⇒ Applying to Study in Australia: Student Timeline|
|⇒ The Ultimate Guide to Australian Visas|
|⇒ Enligsh Language Courses Overview (ELICOS)|
|⇒ Vocational Education & Training Courses (VET)|
|⇒ Technical and Further Education (TAFE)|
|⇒ Higher Education - Undergraduate Level|
|⇒ Higher Education - Postgraduate Level|
|⇒ Study Abroad & Student Exchange|
|⇒ Online & Distance Education|
|⇒ Foundation Courses|
|⇒ Secondary Education|