Master of Business Administration (MBA) outlook in Australia
An MBA can expand your professional network, advance your career, enhance your earning potential and provide you with the abilities you need to lead and succeed. Australian Universities offering MBA courses are particularly well resourced in terms of quality of faculty, quality of students and also in terms of industry connections and other facilities.
MBA master degree is very popular among international students in Australia as it allows students to get further stay permit (post-study work visa) after complete a minimum of two-year. Currently, there are a total of 50 Australian universities offer different specialisation of MBA programs.
The prevailing model at the better institutions is the ‘Harvard style’ management degree, offers around 16 various business-related subjects, delivered over a period of 1 year to 2.5 years full-time. The 1-year course is delivered by institutions who have adopted the trimester system as a means to focus into specialisation of an MBA degree to its students.
The better MBA courses are truly international in terms of curriculum and industrial training. This international focus is enhanced by a large number of international students that study in Australia. At Graduate Schools of Management, for example, students from about 30 countries within North America, Europe and Asia participate in the MBA course, and graduates now occupy executive positions in organizations throughout the world.
Top Three (3) MBAs in Australia
The QS Global Business Schools rankings have The Melbourne Business School taking out the number one position in Australia (or Number 3 in the world) with its AUD$89,500 masters degree. The UNSW’s Australian Graduate School of Management’s AUD$84,000 masters degree fell to second. Follow by Macquarie Graduate School of Management holding the third place with its AUD$80,000 masters degree.
Universities offering top 10 MBAs :
|Universities / Institutions||Campuses||Annual Fees 2019|
|Melbourne Business School||Melbourne||AUD$89,500|
|UNSW’s Australian Graduate School of Management||Sydney||AUD$84,000|
|Macquarie Graduate School of Management||North Sydney||AUD$80,000|
|University of Queensland Business School||Brisbane||AUD$76,584|
|University of Western Australia||Perth||AUD$73,500|
|RMIT University School of Business||Melbourne||AUD$41,280|
|University of Technology, Sydney||Sydney||AUD$39,920|
|University of Western Sydney||Sydney||AUD $28,760|
|Kaplan Business School||Adelaide, Brisbane, Sydney & Melbourne||AUD$20,700|
Advantages of pursuing MBA in Australia
There are four primary reasons for studying MBA in Australia:
- Australia offers internationally recognised MBA programs at prestigious universities.
- International student completed at least 2 years of study in a bachelor degree or higher level of education is eligible to apply for 18-months post work visa.
- For married international student, their dependent spouse can stay and work full time in Australia.
- There are ranges of international scholarship available.
Pursue your MBA program with Kaplan Business School
Kaplan Business School, also known as KBS, is one of the world’s leading education providers. Kaplan Business School provides full-time university courses in business and accounting and holds articulation and credit transfer agreements with many Australian universities. There are over hundreds of thousands of professionals have used Kaplan qualification as the launching pad for their careers. Through new technologies and a personalised approach to learning, Kaplan is opening doors to educational opportunities and inspiring people to strive for their personal best.
Intakes: March, July or November.
Cost: AUD$20,700 per year or AUD$41,400 total program
Popular MBA specialisations offered by Kaplan Business School
- Master of Business Administration (Digital Management)
- Master of Business Administration (Project management )
- Master of Business Administration (Health Services Management)
- Master of Business Administration (Entrepreneurship)
- Master of Business Administration (International leadership)
- Master of Accounting
- Master of Professional Accounting (1.5 years)
The cost of living in Australia
The living expenses for international students are approximately AUD1200 per month includes accommodation, meals, transportation, utilities, other miscellaneous.
An applicant must have ONE of the following :
- An Australian recognised bachelor degree in related disciplines (or equivalent) OR
- Relevant industry experience in a related field AND
- IELTS score of 6.0 ( academic ) and above (or equivalent)
Popular cities in Australia
Sydney is the capital city of New South Wales and the most populous city in Australia. As of 2017, Sydney has an estimated population was 5,131,326. Sydney has an advanced market in education, finance, manufacturing and tourism. There is a significant concentration of local and foreign banks and multinational corporations in Sydney and the city is promoted as one of the leading financial hubs in Asia Pacific.
Melbourne is the state capital of Victoria and the second-most populous city in Australia. As of 2016, Melbourne has an estimated population of 4,725,316. Melbourne has an advanced market in education, entertainment, healthcare, research and development, tourism and sport, the EIU (Economist Intelligence Unit) consistently ranks it as the world’s most liveable city.
Brisbane is the capital of and most populous city in the Australian state of Queensland, and the third most populous city in Australia. As of 2016, Brisbane has an estimated population of 2,408,223. The city is a popular tourist destination, serving as a gateway to the state of Queensland, particularly to Gold Coast and Sunshine Coast.
Further Stay Permit (Post-Work Visa)
An eighteen (18) months further stay permit (post-work visa) is also available to international student who can meet the minimum study requirement in Australia. If they could get a job that matches with the Australian Medium and Long-term Strategic Skills List (MLTSSL), they might eligible to earn extra points for migration.
Benefit for Married Students: Work Right for the Spouse and Discounted education fee for the kids
If you are studying a postgraduate program, you can bring along your spouse under a dependent visa, where your spouse can enjoy the same privileges as per your student visa, and discounted education fee for the kids to study at primary and secondary education.
How to apply
Students can complete their application in four steps:
They must choose their study programme and check if they meet the required academic entry requirements and English entry requirements.
Students must prepare supporting documentation:
- Certified copy of academic result (translated into English if applicable).
- Certified copy of English test results (Academic IELTS, TOEFL or equivalent) if applicable.
- Certified copy of passport identification page.
Students must apply through a representative (or us).
Students must accept their offer to progress their application. Once their application is approved, students will receive an offer letter which includes instructions on how to:
- Accept the offer
- Pay the deposit
- Provide outstanding documents if required
About Post Author
A freelance writer graduated from Curtin University with a specialisation in commercial writing. Michelle loves to travel and enjoys walking on the beach. Michelle also feeds on psychology quote and will give away just about anything to cuddle with furry felines.