As we know that Australia is one of the best study destinations offering various courses like nursing, statistics, law, economics, biotechnology, and many more. Among all these, a Master of Business Administration is one of the most popular courses in Australia offered by various top business schools. Every year more than 30,000 international students are getting enrolled in Australian universities to earn vocational studies, higher education, non-award degrees, and school education. After the successful completion of an MBA degree, they might have a chance to establish their career as Business Consultant, Finance Manager, Account Executive, General Manager, or, Marketing Manager, etc.
In Australia, there are several prestigious and reputed colleges providing MBA courses, for example, UQ Business School, Deakin University, Southern Cross University, ANU College of Business, University of Western Australia, etc. However, the top MBA colleges in Australia also excel in terms of ranking, fee, costs, etc.
Top Colleges in Australia for MBA Courses
According to the QS World University Ranking, the top business schools to pursue MBA courses in Australia include the University of Melbourne, Monash University, University of Western Australia, UQ Business Schools and more. Let’s have a look in detail:
Salary After Pursuing MBA From The Top Colleges in Australia
As per an HSBC report, it can be said that living in Australia is 1.5x more expensive than the US. But in Australia, a student visa allows students to work part-time and survive in the country. Students studying MBA at universities like Melbourne Business School, AGSM at UNSW Business School, etc have the highest salary packages.
Top Business Schools in Australia – Tuition Fee
Along with providing a list of top Australian MBA schools, we have also mentioned the amount of the tuition fees that a student has to incur after taking the admission. Take a look:
The University of Melbourne Business School
If you are willing to pursue an MBA in Australia, then the University of Melbourne can be the best university that attracts several students from different corners of the world. Including all other core subjects, the University of Melbourne Business School offers MBA programs for students who want a fast-pace and challenging experience.
You can opt for this university to study MBA programs that provide exchange and internship options. The full-time MBA duration is 1 year and the tuition fee for the overseas students is around $61,200 (USD).
Monash Business School
Studying an MBA from Monash University is a two-year course that involves consulting projects, experience-based modules, international learning, and industry-based opportunities. MBA programs at Monash Business School offer a combination of evening, daytime, and intensive modes allowing scholars to work while studying.
The total duration of an MBA program is 2 years and the total cost (tuition fee) is $60,200 (USD) to pursue this course. Studying at Monash University provides few features such as international experiences, global orientation, personal & leadership development, management practice, and focus on imparting better thinking.
RMIT is an Australian university providing Art, Communication, Business, Education, Design, Fashion, Game Design, Information Technology, and more. According to the Times Higher Education University, RMIT University is ranked at 77th position globally. It is offering world-class MBA programs that take you to the next step in a career with unique design-thinking and industry-connected course modules. The duration of pursuing a Master in Business Management is 1.5 to 2 years which requires you to pay $44,000 – $60,000 as a tuition fee.
The Australian National University
ANU or Australian National University is one of Australia’s best universities known for its outstanding education criteria. Students planning to study MBA at ANU should have a minimum of 5 years of work experience including a bachelor’s degree, the minimum GPA should be 5.0 out of 7.0, or a minimum score of 600 or higher in the GMAT (Graduate Management Admission Test). The total tuition fee is $33,000 to be incurred to complete this course.
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