Pursuing an MBA in Finance in Australia can be a good step towards a successful and rewarding career in finance. With Australia’s strong economy, low unemployment rate, and excellent universities offering top-notch programs, this country presents a promising destination for aspiring finance professionals.
We will explore the admission requirements, eligibility criteria, study costs, and the benefits of pursuing an MBA in Finance in Australia.
Here is a list of some of the top universities in Australia offering MBA in Finance programs, along with their program duration and estimated fees:
University | Program Duration | Estimated Fee (per year) |
---|---|---|
University of Melbourne (Melbourne Business School) | 1.5-2 years | AUD 89,000 - 95,000 |
University of New South Wales (AGSM) | 1.5-2 years | AUD 89,000 - 95,000 |
University of Sydney Business School | 1.5-2 years | AUD 83,000 - 90,000 |
Monash University | 1.5-2 years | AUD 80,000 - 85,000 |
Australian National University (ANU) | 2 years | AUD 80,000 - 85,000 |
University of Queensland (UQ) | 1.5-2 years | AUD 75,000 - 82,000 |
University of Western Australia (UWA) | 1.5-2 years | AUD 80,000 - 85,000 |
Admission into well-known universities offering MBA programs in Finance in Australia requires meeting specific criteria. Below are the unique admission requirements for some of the top institutions:
To be eligible for an MBA in Finance program in Australia, candidates must fulfill the following requirements:
To meet the language requirements, applicants must achieve the following scores in English proficiency tests:
Top Universities | IELTS | TOEFL |
The University of South Australia | 6.5 | 79 |
Western Sydney University | 6.5 | 82 |
The University of Newcastle | 6.5 | 82 |
The University of Tasmania | 6.5 | 88 |
Bond University | 6.5 | 79 |
Flinders University | 6.5 | 82 |
The total amount of fees of some top universities for MBA in Finance in Canada:
Top Universities | Tuition Fee (AUD) | Tuition Fee (INR) |
The University of South Australia | 37,900 | 21.4 lakhs |
Western Sydney University | 33,400 | 18.9 lakhs |
The University of Newcastle | 41,000 | 23.2 lakhs |
The University of Tasmania | 67,700 | 38.3 lakhs |
Bond University | 70,200 | 39.7 lakhs |
Flinders University | 37,600 | 21.3 lakhs |
The estimated monthly cost of living in Australia:
Expense Type | Average Cost (AUD) | Cost Equivalent (INR) |
Accommodation | 1,495 | 82,010 |
Food | 312 | 17,115 |
Travel | 150 | 8,228 |
Internet | 76 | 4,169 |
Utilities | 207 | 11,354 |
Miscellaneous | 86 | 4,717 |
It’s important to note that these figures are estimates and can vary based on towns, cities, personal preferences, and lifestyle.
Pursuing an MBA in Finance in Australia opens doors to new career prospects in the finance industry. The high-quality curriculum, excellent universities, strong job market, and international exposure make Australia an ideal destination for students to study MBA in Finance.
By meeting the admission requirements, fulfilling the eligibility criteria, and considering the cost of studying, students can get on a transformative educational journey that sets them up for success in the world of finance.
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