Source: Manu Yokoyama
Australia does not only have some of the best places to live and travel in but also incorporates the best academic and career prospects in the domain of education. If you are looking for a Master’s degree that sets forth the ground for your professional career in the business world, then MBA is the course for you. The MBA courses in Australia for India students are a complete package of innovative curriculum and study programs. The MBA demand in Australia has seen a significant rise as it specializes in delivering internationally-praised postgraduates who are ready to rule the business world. If you wish to be one of them, here is Complete Guide to MBA in Australia.
The top business schools in Australia offers part-time MBA, full-time MBA as well as Executive MBA programs. Read here to find out about the courses in each B-school and here, for the various MBA degree across Australia.
As per the World University Rankings – Full-Time MBA: Asia, Australia & NZ 2018, leading MBA universities in Australia are ranked as follows;
The Melbourne School of Business and Economics is one of the most sought-after MBA schools in Australia and even internationally. The reason for this is that it is the oldest and strongest business school in Australia, with immense popularity and fame in international business. The MSB holds AACSB and EFMD (EQUIS) accreditation, and has produced over 16,000 business leaders as alumni in the past years. It offers part-time, full-time and even executive MBA courses.
If you are looking for an overall MBA course package that offers academics, professionalism, extracurricular, communication skills, innovation, critical thinking, etc, then AGSM at the UNSW Business School in Australia is the right place for you. It is a 16-months long program that turns MBA aspirants into business professionals, with immense knowledge and great placements.
Apart from academics, an MBA course should provide innumerable and invaluable practical knowledge combined with networking opportunities, that help you in the business world, post the MBA degree. It might be a big boon for those eyeing on an innovative startup. For this, a postgraduate course in management and business from Macquire University’s Business School should be in your checklist for sure.
University of Queensland’s Business School has played a key role in mentoring big names in the business world, such as Raynuha Sinnathamby, the Managing Director, Springfield City Group. She said that, “The MBA became useful as the training gave me a very effective way of approaching problems. It took the blinkers off and helped me look at all the issues that the organisation came across, whether it was a cultural issue, a HR issue or a finance issue these were all confronting our company even though it was small at the time.”
UWA’s Full-time Intensive MBA course is a 12-months long MBA course, that makes graduates ready to take on the business, finance and the entrepreneurial world. With the varied specialization offers at the UWA Western Australia, a degree of their MBA course is an immensely valuable credibility that adds much more than just academics, to a student’s profile.
Bond University’s MBA program ranks in the top 10 Australian MBA programs for a long time now. The course offers smart learning and excellent mentoring for students who wish to make it big in the business world. For this, a one-year full-time and two-years part time MBA course is available for students to choose from.
If you are looking for a flexible MBA course that also offers global relevance as well as business connections and networks, then you need to check out the Deakin University’s MBA course. From Managerial positions to as big as CEOs, Deakin MBA graduates have been there, done that.
An MBA course is destined to offer critical learning, innovation, academics as well as business learning to its students and La Trobe University in Australia’s MBA course is all about that. MBA graduates from La Trobe Business School have reached roaring heights in the fields of finance, marketing, management, sport management, human resource management, etc to name a few.
An MBA Degree from abroad is a major burn in the pocket. Of course, there are several scholarship options for Indian students in Australia. But, on an average, an MBA program in Australia lasts for two years or three years at max. For this, the government of Australia released an estimated amount of $51,163 as the MBA in Australia fee. This amount varies with an addition of a partner/spouse or child. For example, Macquarie Graduate School of Management, Australia’s number one MBA, costs around a total of $70,000. This also includes the food and accommodation expenditure, falling in the range of $45,000 to $80,000. The most expensive B-school in Australia is University of Melbourne’s Senior Executive MBA for $121,800, whereas the least expensive and naturally more affordable is the European University (EU) Business School for $33,000. You can find a list with all MBA B-Schools and their course fee here.
The requirements for an Australian B-School, that must accompany your MBA Australia application are:-
While selecting or opting for an MBA Program, do keep the following things in check.
The post-MBA job prospects in Australia are bright and promising. The domains of Consulting, Finance, IT, Telecom, Career Services, Public Services, etc readily absorb MBA graduates. MBA graduates get a salary package between the range of $123520 to $195,442, ranging from job roles, location and position. The most common job roles fulfilled by MBA graduates in Australia are –
All in all, the Australian lifestyle, cosmopolitan vibe, financial and growth opportunities seems irresistible to students. All of the above-mentioned reasons, feature in the personal as well as career goals of most of the students who wish to study abroad especially the MBA aspirants. Thus, an MBA course in Australia, that too from a top university seems like a dream come true and you should definitely catch hold of such an opportunity as and when you have it.