Australia

Why Study MBA in Australia?

An MBA degree from Australia is valued across the globe. With around 75
internationally recognized MBA programs, Australia promises a glorious career after pursuing an MBA degree. Some of the key factors attracting international students to study MBA in Australia are as follows:

• Accreditation: Currently, several universities in Australia are accredited by
AACSB and EQUIS. This includes some globally ranked universities according to QS, THE and other esteemed ranking agencies.
• Internship Opportunities: Internships in Australia are available throughout the year and across the country. A majority of the MBA universities in Australia encourage students to earn professional experience through internships in local or international companies. Additionally, international students can choose from various part time jobs in Australia both on and off campus.
• Affordability: The MBA courses in Australia are comparatively reasonable than the degrees from UK or US universities, attracting international students.
• MBA Market: The Australian MBA market is worth over 500 million AUD. This ensures a surplus of job opportunities across top international employers.
• Multicultural Environment: India is the second highest contributor of
international students (9.78%) in Australia after China. The vibrant culture in the Australian universities is an additional advantage for international students.

Business Management (MBA)

Thousands of international students choose to study a management course in Australia. It can have two options :- 1) Studying a general management course or the master of business administration. There are a number of
management courses and good management schools in Australia.

Some Benefits of Completing an MBA (Management Course) in Australia:

• MBA or management in Australia is recognized globally. It is of very high
quality and it can improve a student’s career path anywhere in the world. In Australia, there are more than 75 globally accredited internationally recognized MBA programs.
• Management courses in Australia are best examples of theoretical and practical knowledge and they focus on development of student’s
personal skills, communication skills, and leadership skills. The Australian courses encourage students to think creatively and
independently.
• International students can get the opportunity of an internship or to complete an international exchange or study tour by which they can
gain a very good experience.
• In Australia, students can meet other students who are from many different cultures and thus it can give them a broad cultural perspective
on management.
• Australia’s business or management schools have excellent teachers and teaching aids and thus they give a high quality education to
students.

Eligibility Criteria

The eligibility criteria to study Business Management in Australia for Indian students is as follows:

• A student must be an Indian.
• A student must be at least 18 years of age on 31st December of that particular year with good health.
• A student must have completed 10+2 years of education for an entry
into a graduate(Bachelor) course.
• A student must be proficient in English language. If not then to prove language proficiency, he /she will need to qualify IELTS or TOEFL exam with good scores.
• For studying a Master’s degree in Business management or MBA,
applicant must have completed a degree equivalent to an Australian degree or graduate diploma or graduate certificate with a minimum 65 percent average credit score from a tertiary institution.
• All the 3 years bachelor’s degrees from India are equivalent to Australian Bachelor’s degrees and hence they are accepted in almost
all the Australian universities. Some universities may demand for 16 years of formal education which means courses which have 4 years
duration like B.E., B.Tech. etc. are needed.

Total Fees Structure for Business Management Course The course duration for bachelors in business management courses can be of 4 years. The different colleges which offer bachelor’s or master’s degrees in business management are University of western Australia, university of
Melbourne, Monash university, Australian national university, University of New South Wales, The university of Sydney etc.

The fees for business management courses are different at different universities. They can range from Rs.15 – 20 Lac Per Annum. Also the living cost for a student is around Rs.13 – 15 Lac Per Year. Thus, the total expense to study a business management course at an Australian university goes up to 95 lac for 4 years.

MBA in Australia Course Duration

In most universities, the duration of the MBA programme is 2 years. The time period for an MBA in most universities in Australia is between 15 months to 2 years. Apart from this, a lot of universities have started offering one-year MBA programmes Melbourne Business School has started a one – year MBA program which is highly popular among aspirants. The following is a list of MBA programs offered by some of the top business schools: