MBA in Australia Guide for Indian Students

An MBA from Australia equips Indian students with globally recognized qualifications, advanced business knowledge, and practical skills essential for success in today's competitive business landscape.

One of the primary reasons Indian students choose to pursue an MBA in Australia is the excellent reputation of its business schools. Several Australian universities consistently rank among the top institutions globally for business education, emphasizing practical learning through case studies, group projects, and industry internships, providing students with real-world experience and networking opportunities.

Among Australia's leading business schools for Indian students, the Australian Graduate School of Management (AGSM) at the University of New South Wales stands out, as does the Melbourne Business School (MBS) at the University of Melbourne. The Australian Graduate School of Management (AGSM) at the University of Sydney is highly regarded for its MBA program.

For Indian students considering an MBA in Australia, these leading business schools highlighted and those below offer a wealth of opportunities for personal and professional growth.

Types of MBA in Australia

- Full-Time MBA

A full-time MBA is a general management degree that gives students a detailed understanding of how a business operates and how business leaders rise to meet challenges. The program lasts around two years and comprises core and elective options to gain specialization in a particular area of interest. 

- Part-Time MBA

A part-time MBA, or PGDM, usually lasts two to three years. It consists of 12 units of study: an integrated core of seven units, an industry capstone unit, and up to four elective units. The program is mainly designed for working professionals. 

- Executive MBA

An Executive MBA (EMBA) program enables executives to earn a degree while continuing their existing jobs. It is tailored for experienced managers and executives to provide deeper knowledge about business and strategy. The course duration of EMBA in Australia can be around 12 to 24 months. Australian universities offer EMBA full-time, part-time, electives, additional courses, and internship opportunities.

Study an MBA in Australia

If you want to study for an MBA in Australia, why not arrange a free consultation with SI-Australia today? Our consultants will discuss your study options and help you apply.

Popular MBA Specialisations in Australia

There are a range of MBA specialisations available in Australia for Indian students.

MBA Colleges in Australia for Indian Students

Admission Intakes

There are mainly three phases of MBA admission intakes in Australia throughout the year:

• February
• July
• November

MBA Eligibility in Australia for Indian Students

Meeting the eligibility criteria is essential to the Australian admission process. There are several requirements a student must meet to be eligible for MBA programs in Australia. For Indian students, a good score on the GRE/GMAT with work experience is highly recommended. Here are some basic eligibility criteria for Indian students for MBA in Australia. 

• You must have completed a bachelor’s degree from a recognised university. 
• Qualifying the English proficiency test is essential for studying abroad. Thus, to get an Australian visa, you must get a good IELTS or TOEFL score.
• A minimum work experience of two to three years is highly beneficial for MBA courses. 
• Most Australian universities consider GMAT scores for MBA programs. The average GMAT score for entry to an Australian university is 590.

However, some universities do not consider GMAT scores or require work experience. The eligibility criteria might vary depending on the university you are applying to.

Australian universities are classified into three major groups based on their admission requirements. 

• Class I—These universities look for students with high GMAT and IELTS scores and a high degree of work experience. 
• Class II - These universities accept a strong GMAT score or job experience and an IELTS score.
• Class III - In this category, universities offer admission based on academic and IELTS scores. 

MBA Fees in Australia for Indian Students

Australia's average MBA course fee is $21,041, around INR 1141739.37 annually.

MBA Scholarships in Australia for Indian Students

Here is the list of different MBA scholarships for Indian students in Australia:

Cost of MBA in Australia for Indian Students

Australia is known for its diverse and multicultural community. You need to spend a decent amount of money to stay in the top-tier cities of Australia. However, you can also opt for an affordable cost of living, roughly around $1500 to $2600 (INR 81364.63 to 141032.02) annually. Here is a rough breakdown of expenses that you can spend in Australia -

Jobs After MBA in Australia

MBA graduates in Australia are in demand in different domains, such as finance, healthcare, technology, marketing, and manufacturing. The average salary of an MBA in Australia is around $108,544 annually. Entry-level positions start at $90,053 yearly; the most experienced employers earn around $163,606 annually. Here is the list of job roles with their average payscale in Australia. 

Study an Australian MBA

Why not arrange a free consultation with SI-Australia today if you want to study in Australia? Our consultants will take you through your study options and help you apply.