MBA in Australia: Top MBA Colleges, Fees, Rankings & Admission

Are you considering pursuing an MBA in Australia? Known for its high academic standards, global reputation, and multicultural campuses, Australia has become a prime destination for international students. Whether you're looking for the top MBA colleges in Australia, want to know about the MBA in Australia for Indian students, or are curious about MBA fees and duration, this comprehensive guide covers it all.

With over 122,000 Indian students currently enrolled and around 80% international student participation in MBA programs, Australia remains one of the most sought-after destinations for management studies. MBA fees in Australia typically range from AUD 60,000 to AUD 126,000 per year, with average graduate salaries reaching AUD 105,000. 
 

Why Study an MBA in Australia?

Choosing an MBA in Australia for Indian students offers unique advantages that extend beyond acquiring theoretical knowledge. 

• Australia is home to world-renowned universities with top business schools, including 9 ranked in the top 100 QS Global MBA Rankings 2024.

• Over 75 globally accredited MBA programs ensure high-quality education recognized by AACSB, EQUIS, and AMBA worldwide.

• Australia attracts a diverse student population, fostering global networking opportunities and a multicultural learning environment.

• Graduates benefit from generous post-study work rights under the Temporary Graduate Visa (subclass 485), with work permits lasting 18 months to 4 years, plus pathways to Permanent Residency.

• Australian MBA programs emphasize a strong focus on research, innovation, and practical learning, preparing students for real-world business challenges.

• Studying an MBA in Australia provides strategic access to rapidly growing Asian markets and a powerful international alumni network.

• Typical admission requirements include a bachelor’s degree, English proficiency (IELTS/TOEFL/PTE), and sometimes GMAT; MBA fees in Australia range from AUD 60,000 to AUD 126,000 annually.

• MBA graduates enjoy attractive salaries averaging between AUD 80,000 and AUD 196,433, ensuring excellent career growth and return on investment.
   

Top MBA Colleges in Australia (2025 Rankings)

Choosing the right MBA colleges in Australia is crucial for your career growth. Australia is home to world-renowned universities with top business schools in Australia that offer globally accredited, industry-relevant MBA programs in Australia. These programs blend academic excellence with practical learning, preparing you to thrive in competitive business environments.

Below is a detailed overview of the top MBA universities in Australia, featuring rankings, fees, course duration, and popular specializations to help you make an informed decision:
 

University Name	QS Global MBA Ranking 2025	Approximate MBA Fees (AUD)	Program Duration	Popular MBA Specializations
Melbourne Business School	32	90,000 – 110,000	1–2 years	Finance, Marketing, International Business, Entrepreneurship
UNSW Business School (AGSM)	31	80,000 – 105,000	1–2 years	Finance, Marketing, Technology Management, Strategy
University of Sydney Business School	50	70,000 – 90,000	1–2 years	Finance, Marketing, Human Resources, Entrepreneurship
UQ Business School	75	60,000 – 85,000	1–2 years	Finance, Marketing, International Business, Sustainability
Monash Business School	84	75,000 – 95,000	1–2 years	Finance, Marketing, Data Analytics, Leadership
Macquarie Business School	101–110	60,000 – 80,000	1–2 years	Finance, Marketing, Project Management, Analytics
Australian National University	111–120	85,000 – 100,000	1–2 years	Finance, Public Policy, International Business, Entrepreneurship
University of Western Australia	131–140	70,000 – 95,000	1–2 years	Finance, Marketing, Business Analytics, Leadership
University of Technology Sydney	151–200	60,000 – 85,000	1–2 years	Finance, Marketing, Digital Business, Entrepreneurship
University of South Australia	151–200	60,000 – 85,000	1–2 years	Finance, Marketing, Innovation, Supply Chain Management

1. Melbourne Business School (University of Melbourne)

Ranked as Australia's #1 MBA program according to QS Global MBA Rankings 2025, Melbourne Business School offers diverse program formats to suit your career stage. Their Full-time MBA stands as the country's top-ranked program, attracting students globally seeking a challenging experience in Australia's most vibrant city. For senior executives, they provide the Senior Executive MBA focusing on cutting-edge innovations shaping international business. 

The school also offers flexible Part-time and Online MBA options with multiple annual intakes.

The table below lists the MBA programs offered, duration of the program, and program cost at Melbourne Business School, University of Melbourne:

Programs Offered	Duration	Estimated Cost (In AUD)
Full-time MBA	2 years	AUD $112,500
Executive MBA	1.5 years	AUD $125,100
Part-time MBA	2+ years	AUD $5,150/Subject
Online MBA	3 years	AUD $90,000

 

2. AGSM - UNSW Business School (University of New South Wales)

UNSW's Australian Graduate School of Management (AGSM) ranks 33rd globally in the QS 2024 Global MBA Rankings, placing it in the top 10% of the world's best management schools for three consecutive years. AGSM excels particularly in Thought Leadership (scoring 89.2 – 38.3 points above global average) and Diversity (91.7 – 31.7 above average). 

Their Return on Investment score of 71.7 exceeds the global average by 10.2 points, making it an excellent choice for MBA in Australia for Indian students concerned about cost of MBA in Australia.

The table below lists the MBA programs offered, program duration and program cost at AGSM:
 

Programs Offered	Duration	Estimated Cost (In AUD)
Full-time MBA	1 year	AUD $86,760
MBA Extension	2 years	AUD $113,160

 

3. University of Sydney Business School

University of Sydney Business School MBA program (Leadership and Enterprise) ranks first in Australia according to Financial Times MBA Rankings 2024. This 18-month full-time program with small class sizes features intensive formatting where students complete two units over nine-week periods. 

Beyond traditional MBA fundamentals, you'll learn leading teams in digital environments, harnessing big data, and exploring complex systems. With exceptional industry internships exposing you to global brands, the program requires minimum three years of relevant work experience.

The table below lists the MBA program offered, program duration and program cost and more:

Program Offered	Duration	Estimated Cost (In AUD)
Full-time MBA	1.5 years	AUD $67,000

 

4. University of Queensland Business School, Brisbane

The table below lists the MBA programs offered, program duration and program cost at University of Queensland Business School:

 

Programs Offered	Duration	Estimated Cost (In AUD)
Full-time MBA	1.5 years	AUD $63,984
Part-time MBA	2 years	AUD $63,984

 

5. Macquarie Business School, Macquarie University, Sydney

The table below lists the MBA program offered, program duration and program cost at Macquarie Business School, Macquarie University:

 

Program Offered	Duration	Estimated Cost (In AUD)
Full-time MBA	1.5 - 2 years	AUD $46,500+

 

6. University of Western Australia Business School, Perth

The table below lists the MBA programs offered, program duration and program cost at University of Western Australia Business School:

Programs Offered	Duration	Estimated Cost (In AUD)
MBA Intensive	1 year	AUD $86,400
MBA Flexible	Up to 5 years	AUD $60,800
MBA and Master of Laws	2 years	AUD $126,400

 

Note: The University of Western Australia (UWA), in collaboration with the Indian Institute of Management (IIM)-Kozhikode, offers an online Executive MBA. The two-year-long MBA program offers dual credentials, earning an MBA from UWA and a Payroll Compliance Professional (PCP) certification from IIM-Kozhikode. The program cost is ₹560,000 (GST excluded).

 

7. RMIT University School of Business and Law, Melbourne

The table below lists the MBA programs offered, program duration and program cost at RMIT University School of Business and Law:

 

Programs Offered	Duration	Estimated Cost (In AUD)
Full-time MBA	2 years	AUD $82,560
Executive MBA	2 years	AUD $112,500

 

UniSA Business School, Adelaide

The table below lists the MBA programs offered, program duration and program cost at UniSA Business School:

Programs Offered	Duration	Estimated Cost (In AUD)
MBA	1.5 years	AUD $60,000
International MBA	2 years	AUD $80,000 - $120,000

 

9. University of Technology Sydney Business School

The table below lists the MBA programs offered, program duration and program cost at University of Technology Sydney Business School:

 

Programs Offered	Duration	Estimated Cost (In AUD)
Full-time MBA	2 years	AUD $96,140
Part-time MBA	Up to 4 years	AUD $96,140
Executive MBA	1.5 years	AUD $66,700
Part-time Executive MBA	2 years	AUD $66,700
Online MBA	2 years	AUD $48,000

 

10. Sydney Business School, University of Wollongong

The table below lists the MBA programs offered, program duration and program cost at Sydney Business School, University of Wollongong:

 

Programs Offered	Duration	Estimated Cost (In AUD)
MBA	1.5 years	AUD $67,600
MBA Advanced	Up to 4 years	AUD $90,144
Online MBA	1.5 years	AUD $67,600
Master of Business	2 years	AUD $55,650

 

Note: The advanced MBA program at University of Wollongong offers specializations in Accounting, Business Analytics, Finance, Human Resource Management, Marketing and Project Management.

 

 

MBA Tuition Fees in Australia for Indian Students (2025)

Australia offers world-class MBA programs with competitive fees compared to other popular study destinations. Here’s a detailed guide on MBA fees in Australia for Indian students at top universities along with program duration and rankings.

University Name	QS Global MBA Ranking 2025	Approximate MBA Fees (AUD)	Program Duration	Popular MBA Specializations
Melbourne Business School	32	90,000 – 110,000	1–2 years	Finance, Marketing, International Business, Entrepreneurship
UNSW Business School (AGSM)	31	80,000 – 105,000	1–2 years	Finance, Marketing, Technology Management, Strategy
University of Sydney Business School	50	70,000 – 90,000	1–2 years	Finance, Marketing, Human Resources, Entrepreneurship
UQ Business School	75	60,000 – 85,000	1–2 years	Finance, Marketing, International Business, Sustainability
Monash Business School	84	75,000 – 95,000	1–2 years	Finance, Marketing, Data Analytics, Leadership
Macquarie Business School	101–110	60,000 – 80,000	1–2 years	Finance, Marketing, Project Management, Analytics
Australian National University	111–120	85,000 – 100,000	1–2 years	Finance, Public Policy, International Business, Entrepreneurship
University of Western Australia	131–140	70,000 – 95,000	1–2 years	Finance, Marketing, Business Analytics, Leadership
University of Technology Sydney	151–200	60,000 – 85,000	1–2 years	Finance, Marketing, Digital Business, Entrepreneurship
University of South Australia	151–200	60,000 – 85,000	1–2 years	Finance, Marketing, Innovation, Supply Chain Management

MBA Courses in Australia: Program Types & Specializations

Choosing the right MBA course in Australia depends on your career goals, current commitments, and preferred study format. Australian universities offer flexible options such as full-time, part-time, online, and executive MBAs, designed to suit diverse student needs. Additionally, specializations allow you to tailor your MBA to your industry and career path.

Popular MBA Program Types in Australia:

Program Type	Duration	Ideal For	Key Features
Full-time MBA	1–2 years	Recent graduates & career changers	Immersive learning, leadership development, intensive coursework
Part-time MBA	2.5–3.5 years	Working professionals	Flexible schedule, evening/weekend classes
Online MBA	2–6 years	International students, busy pros	Study anywhere, flexible pace, minimal weekly hours
Executive MBA	~18 months	Senior managers & executives	Condensed format, leadership focus, global modules

MBA Specializations in Australia

Australian universities provide a wide range of MBA specializations to help you gain expertise in specific fields, enhancing your career prospects:
 

Specialization	Description
Finance	Corporate finance, investment analysis, financial management
Marketing	Market research, brand management, digital marketing
International Business	Global markets, cross-cultural management, trade
Healthcare Management	Leadership in healthcare organizations and systems
Technology Management	IT strategy, digital transformation, innovation
Entrepreneurship	New venture creation, business planning, innovation
Sustainability	Sustainable business practices, environmental management

Key Points to Consider

• MBA courses in Australia offer practical learning with strong industry links, preparing graduates for global business challenges.

• Tuition fees range from AUD 60,000 to AUD 126,000 per year for international students, depending on the program and specialization.

• Selecting the right program type and specialization is essential to maximize career growth and return on investment.

 

Admission Requirements for MBA in Australia

To gain admission to the top MBA colleges in Australia, applicants must meet certain academic and professional criteria. While requirements may vary slightly by university and program type (full-time, executive, or online), the core prerequisites typically include:
 

• Bachelor’s Degree: A recognized undergraduate degree in any discipline from a reputable institution is essential.

• Work Experience: Most Australian MBA programs require a minimum of 2 to 3 years of professional work experience, demonstrating your readiness for advanced business studies and leadership roles.

• GMAT/GRE Scores: Many top business schools ask for a valid GMAT or GRE score, though some universities may waive this requirement based on work experience or academic background.

• English Language Proficiency: International students must provide IELTS or TOEFL scores, with a minimum IELTS band of 6.5 to 7.0, ensuring they can effectively participate in an English-speaking academic environment.

• Statement of Purpose (SOP): A well-crafted SOP explaining your career goals, motivation for pursuing an MBA in Australia, and how the program aligns with your aspirations.

• Letters of Recommendation (LORs): Typically 2-3 recommendation letters from academic or professional referees highlighting your skills, achievements, and potential.

• Flexible Entry Options: Some universities like Macquarie University and Deakin University offer online MBA programs with more relaxed admission criteria, ideal for working professionals seeking flexibility without compromising quality.

Meeting these admission requirements helps ensure your application stands out and increases your chances of acceptance into Australia’s best MBA programs.
 

MBA Fees & Cost of Living in Australia

Planning for your MBA in Australia means budgeting carefully for tuition, living costs, and essential expenses.

Here's a detailed guide based on 2025 estimates, tailored for MBA courses in Australia:

Tuition Fees at Top Australian MBA Colleges

University (Program Type)	Estimated MBA Tuition (AUD)	Program Duration
Melbourne Business School (Full-time MBA)	96,000 – 110,000	1–2 years
AGSM – UNSW (12‑month MBA)	~86,760	12 months
Monash Business School	88,000 – 95,000	1.5–2 years
University of Sydney	~87,000	18 months
Macquarie Business School	~80,000	1–2 years

Average tuition fees for MBA in Australia range roughly between AUD 70,000 and 126,000 per year depending on university and specialization.

Annual Living Expenses for MBA Students

International MBA students usually spend between AUD 21,000 and 28,000 per year on living essentials like housing, food, and transport.

Expense Category	Typical Annual Cost (AUD/year)	Notes
Accommodation & Utilities	10,000–18,000	On-campus or shared rentals
Food & Groceries	3,500–6,000	Weekly groceries A$100–200
Transportation	1,500–2,500	Including student concession
Internet & Mobile	360–720	A$30–60/month
Entertainment & Miscellanea	2,000–3,000	Includes dining out, personal needs
Total Living Costs	21,000–28,000

Health Insurance & Visa

Expense	Typical Cost (AUD/year)
OSHC (Health Insurance)	500–700
Student Visa (Subclass 500)	~1,600

Total Estimated Costs for MBA in Australia (Per Year)

Category	Estimated Range (AUD/year)
Tuition	70,000 – 126,000
Living + OSHC + Visa	23,100 – 30,300
Total	93,100 – 156,300

 

MBA in Australia for Indian Students

Australia is one of the most sought-after destinations for Indian students aiming to pursue an MBA in Australia. Offering world-class education, a diverse cultural environment, and excellent post-study opportunities, Australia provides an ideal platform for Indian professionals looking to advance their careers globally.
 

Why Pursue an MBA in Australia for Indian Students?

1. Globally Recognized and Accredited MBA Programs

Australia boasts 9 universities ranked in the QS Global MBA Rankings 2024 top 100, with highly reputed business schools such as the University of Melbourne, University of Sydney, and UNSW Business School. These institutions offer MBA programs in Australia accredited by top bodies like AACSB, EQUIS, and AMBA, ensuring a globally respected qualification.

2. Large and Supportive Indian Student Community

Indian students form one of the largest international cohorts in Australia, representing over 30% of the Asia-Pacific MBA student population. Numerous Indian student associations and cultural societies across campuses provide valuable networking, cultural integration, and support, easing the transition for new students.

3. Work and Post-Study Visa Benefits

Under the Temporary Graduate Visa (subclass 485), international students who complete an MBA in Australia can work full-time for 2 to 4 years, gaining crucial industry experience. Moreover, students can work up to 40 hours per fortnight during study, allowing them to earn while learning. These work rights improve employability and provide a pathway to Permanent Residency (PR) in Australia — a major attraction for Indian professionals.

4. Scholarships and Financial Assistance

Many Australian universities provide competitive scholarships for Indian students pursuing an MBA in Australia. Examples include:

• Macquarie University: AUD 10,000 Early Acceptance Scholarship

• University of Melbourne: Kraft Heinz Scholarship (up to AUD 31,000)

• University of Queensland: International High Achievers Scholarship (20% tuition waiver)

These scholarships reduce tuition fees significantly, making Australia an affordable option compared to other study destinations.

5. Strong Return on Investment and Career Prospects

The average starting salary for MBA graduates in Australia ranges between AUD 80,000 and AUD 196,000 annually, depending on the specialization and industry. High-demand sectors like finance, consulting, and technology management offer lucrative career paths for Indian MBA graduates.

6. Safe, Multicultural, and Student-Friendly Environment

Australia ranks as one of the safest countries globally and offers a multicultural society where Indian students feel welcomed and supported. The country’s quality of life, excellent healthcare, and vibrant Indian communities contribute to a comfortable and enriching student experience.
 

Key Facts & Figures: MBA in Australia for Indian Students
 

Aspect	Details / Statistics
Indian Students in Australia	Over 120,000 (2023), one of the largest international groups
QS Top Ranked Australian MBA Universities	9 in top 100 globally (QS Global MBA Rankings 2024)
Post-Study Work Visa Duration	2 to 4 years (Temporary Graduate Visa, subclass 485)
Average MBA Tuition Fees	AUD 70,000 – AUD 96,000 per year
Average Starting Salary	AUD 80,000 – AUD 196,000 per year
Work Hours Allowed During Study	40 hours per fortnight
Popular MBA Specializations	Finance, Marketing, International Business, Technology Management, Healthcare Management

For Indian students, an MBA in Australia offers an unparalleled opportunity to gain a globally recognized qualification, benefit from strong post-study work rights, and access career opportunities that lead to permanent residency. With financial aid options and a welcoming multicultural environment, Australia is a top destination for Indian professionals seeking to expand their horizons.
 

Australia Study Visa for MBA Students

To study MBA in Australia, international students must obtain the Australia Student Visa (Subclass 500). This visa allows you to stay in Australia legally for the duration of your MBA program and access benefits that support your study and work goals.

Key Features of the Australia Student Visa:

• Valid for the full duration of your MBA courses in Australia plus extra time after completion.

• Allows you to work up to 40 hours per fortnight during semesters and full-time during breaks, helping you gain work experience and support living costs.

• You must have Overseas Student Health Cover (OSHC) to meet health requirements.

• Eligible to apply for the Temporary Graduate Visa (Subclass 485) post-MBA, which enables you to work in Australia for 2 to 4 years.

Basic Requirements:

• Confirmation of Enrollment (CoE) in an accredited MBA program in Australia.

• Proof of financial ability to cover tuition, living expenses (around AUD 21,000–28,000 per year), and travel.

• English language proficiency (IELTS, TOEFL).

• Meeting health and character requirements.

Applying for the Australia Study Visa is a crucial step for Indian students and other international candidates aiming to pursue their MBA in Australia, unlocking opportunities for work, study, and potential pathways to Permanent Residency.

Duration & Course Structure

The length of an MBA program in Australia depends on the university and the format chosen:

• Full-time MBA: Typically lasts between 12 and 24 months

• Part-time MBA: Generally takes 2 to 4 years to complete

• Executive MBA: Designed for professionals with 5+ years of experience, usually completed in 1 to 2 years

• Online MBA: Offers flexible scheduling to accommodate working students

Most MBA programs consist of:

• Core courses covering areas such as strategy, finance, and marketing

• Elective subjects tailored to specific specializations

• Capstone projects or internships to provide practical experience

Scholarships for MBA in Australia (& Financial Aid)

Financing your MBA in Australia just became easier with numerous scholarship opportunities and financial aid options available specifically for international students. Despite the high cost of MBA in Australia, many universities offer substantial merit-based scholarships covering between 25% to 100% of tuition fees.

• Melbourne Business School MBA Scholarships: partial to full tuition coverage based on overall profile for all MBA programs
• Adelaide MBA Scholarship: Covers full tuition fee on merit basis
• UNSW Business School Scholarships: Covers partial tuition fee on merit basis
• UQ Business School MBA Scholarships: Covers partial tuition fee based on overall profile
• Macquarie University MBA Scholarship: Covers partial tuition fee on merit basis
   

University-specific scholarships

Each of the best universities for MBA in Australia provides dedicated scholarship programs for exceptional candidates. Melbourne Business School offers Management Education scholarships for applicants demonstrating impact in their field. Meanwhile, UNSW's AGSM provides the Global Reach Scholarship worth up to INR 43.6L. Notably, Monash University features the MBA International Women in Leadership Scholarship covering 100% of course fees, making master of business administration Australia programs more accessible for female professionals.

Government scholarships for Indian students

The Australian Government extends valuable financial support through specialized programs. The Australia Awards Scholarships cover tuition fees, living expenses, and travel costs for students from developing countries, including India. Equally important, the Endeavor Awards present internationally competitive, merit-based scholarships for Asia-Pacific students pursuing study, research, and professional development in Australia.

External funding opportunities

Beyond university and government options, numerous external organizations offer financial assistance. Industry-specific scholarships like the Kraft Heinz Scholarship (worth up to INR 6.7L) at the University of Melbourne support students interested in the food and beverage sector. Furthermore, diversity-focused scholarships aim to increase representation from underrepresented groups in MBA courses in Australia.

Education loans from Indian banks

For many Indian students, education loans provide vital financing for MBA in Australia fees. Nationalized banks like State Bank of India offer education loans up to INR 40 lakhs for Australian education. These loans typically cover tuition fees, accommodation, travel expenses, laptop purchases, and other reasonable academic expenses. Importantly, repayment periods extend up to 10 years for loans between INR 5-10.5 lakhs and up to 20 years for larger amounts, making the requirements for MBA in Australia financially manageable for Indian students.
 

Post-Study Work Opportunities for MBA Graduates in Australia

One of the biggest advantages of studying MBA in Australia is the generous post-study work rights in Australia offered through the Temporary Graduate Visa (subclass 485 - Post-Study Work Stream). This visa allows graduates from MBA programs in Australia to stay and work for 2 to 3 years after completing their degree, with some eligible passport holders allowed up to 5 years. The application fee is AUD 2,235 and must be submitted online within six months of finishing the course.

Graduates from top MBA universities in Australia located in regional areas can extend their stay by 1 to 2 years through the Second Post-Higher Education Work visa. To be eligible, students must meet the MBA eligibility criteria in Australia, including completing recognized MBA courses in Australia at Australian business schools and demonstrating English proficiency.

The diverse MBA specialisations in Australia—such as MBA in Finance Australia, MBA in Marketing Australia, MBA in Entrepreneurship Australia, and MBA in International Business Australia—enhance career prospects in a variety of fields. These opportunities, combined with competitive MBA fees in Australia and available MBA scholarships in Australia, make the investment worthwhile.

Beyond academics, MBA internship opportunities in Australia and practical experience gained through post-study work rights strengthen your resume and open doors to permanent residency. The strong MBA job prospects in Australia and attractive MBA salary in Australia further establish Australia as a prime destination for Indian students seeking international business education.

Overall, Australian universities for MBA offer world-class education recognized globally and in India, transforming an MBA course in Australia into a comprehensive career launchpad.
 

Get Free Counseling for MBA in Australia:

Starting your MBA in Australia journey is easier with expert guidance. Leading education consultancies like IDP offer free counseling to help Indian students with university shortlisting, application preparation, scholarship advice, and visa processes.

Professional counselors assess your profile to recommend the best universities for MBA in Australia that fit your career goals, budget, and preferences. They assist with crafting strong application documents, including CV and Statement of Purpose, and provide updates on MBA fees in Australia and admission requirements.

Free services often include support with scholarship applications to reduce costs, detailed guidance on the Australian student visa, and pre-departure briefings. Counselors also help with education loan options from Indian banks covering tuition, accommodation, and living expenses.

While you can apply for a student visa yourself, expert counseling significantly boosts your chances of admission to top MBA programs in Australia, saving time and ensuring a smoother process.