How much does it cost to study MBA in Australia for indian Students?

After the US and the UK, Australia is currently the third most popular country in the English-speaking world for overseas students. Because of the diverse range of cultures, the welcoming locals, and the excellent standard of education, many international students decide to study there. 

For Indian students, studying for an MBA in Australia might be a life-changing opportunity. After completing their 12th grade, many overseas students consider studying in Australia due to its many advantages, including its widely recognized degrees and employment chances as well as its broad course offerings.

• The Australian MBA is recognized around the world since the AQF offers office-use comparable qualifications.

• GMAT results may or may not be accepted by Australian universities for MBA applications.

• International MBA students in Australia are permitted to work 40 hours in addition to their studies. Check options for part-time employment in Australia for international students

• Every year, Australia posts more than 45,500 job openings for people with MBAs.

• Every year, Australia offers more than 6,000+ positions to recent graduates of Finance MBA programs.

• An Australian institution's normal MBA program lasts between 15 months and two years. Still, many universities also provide a one-year MBA program.

The cost of an MBA in Australia for students from outside has increased for 2021–2022. As a result, keep in mind all the different aspects that affect the price, such as project research, travel expenses, lodging, and course fees. An MBA program in Australia can cost anything from AUD 126,000 to AUD 16,000 per year.

Exams to Study MBA in Australia

GMAT scores are accepted by most Australian universities and colleges for MBA admission. International students are typically expected to have GMAT scores higher than 650 by Australian universities.  ELICOS (English Language Intensive Courses for Overseas Students) courses are the Australian equivalent of TOEFL / IELTS / PTE for students who do not meet the English language requirements.

Apart from these exams, there are some eligibility criteria as well to study MBA in Australia. One crucial element that is deemed essential is academic excellence. A candidate for an MBA must have completed 15 years of coursework at an accredited university. A minimum academic score of 65% is required of candidates for an MBA in Australia. 

The TOEFL or IELTS is a crucial prerequisite to pass. Applicants from non-native English-speaking nations need to score highly on the IELTS exam.

• IELTS: total band score of 6.5 or above

• TOEFL score of 80 or above

One of the best countries for MBA study abroad is Australia. This is because Australia's best business schools provide a wide choice of study options at reasonable tuition costs. The Top 10 MBA Universities in Australia are listed below:

• Melbourne University's Melbourne Business School

• New South Wales University's Business School

• The Monash Business School at Monash University

• Macquarie Business School, Macquarie University

• Queensland University's UQ Business School

• Western Australia University, UWA Business School

• The ANU College of Business and Economics at the Australian National University

• South Australia University, UniSA Business School

• Technology University of Sydney, UT Business School

• Wollongong University's Sydney Business School

Thus it is clear that an MBA in Australia for indian Students is a good option. The MBA degree from Australia is accepted worldwide and there are good universities to study MBA in Australia. A great number of Indian students go to Australia every year seeking a bright future. Every year, Australia posts more than 45,500 job openings for people with MBAs.