Many people come to the country of Australia in pursuit of an MBA degree. If you are one of the many students who are planning to study in Australia, you might have realised that there are a bunch of colleges that offer this program. With so many options available, anyone can get confused, and if you are one of them, don't worry because we compiled a list of the 10 best MBA colleges in Australia. This blog will contain everything from fees for MBA in Australia to the criteria.
We first begin with the eligibility criteria to get into any of the best MBA colleges in Australia. Each college will have specific requirements, but here are a few general requirements.
- Undergraduate Degree: You must have a minimum 5.0 to 7.0 CGPA from a recognised university.
- GMAT/GRE: You must give a GMAT or GRE test before applying. You must also score anywhere above 600.
- Work Experience: A professional job experience of 3 to 5 years is required.
- English Proficiency Test: You need to score above 6.5 in IELTS and above 100 in TOEFL to apply to any MBA colleges in Australia.
University of Wollongong
Fees: The MBA programme will cost you around AU$61,416 per year.
Now we start coming to the best MBA colleges in Australia, and the first one on our list is the University of Wollongong. Established in 1951 in the beautiful city of Wollongong, this university in New South Wales has reached the QS ranking of 185 and a nationally ranked at 13. They also boast an astounding graduate employment rate of 89.1%. This university's MBA programme is designed for experienced professionals with ambition and drive who want to improve their responsible and sustainable leadership skills making the university of Wollongong one of the best MBA colleges in Australia
University of Technology Sydney
Fees: The first-year fees for MBA at UTS will cost you AU$42.717.
The University of Technology Sydney or commonly known as UTS, was established in 1988 in the city of Sydney. The university has a QS ranking of 137 and a national ranking of 9. They also have a maddening graduate employment rate of 81.2%. The MBA programme is intended to broaden early-career workers' strategic thinking, knowledge, and capacities in preparation for a career shift or advancement into managing responsibilities. UTS values practice-based learning, social justice, inclusion, and research with real-world impact making UTS one of the top MBA colleges in Australia.
University of South Australia
Fees: Studying MBA at the University of South Australia will cost you AU$37,800 per year.
You can't talk about the best MBA colleges in Australia without mentioning the University of South Australia. Founded in 1991 in the stunning city of Adelaide. They currently have a QS ranking of 363 and a national ranking of 25. They also boast an appreciative 73.5%. The MBA course at the University of South Australia will help you get great insight through exposure to academic and industry professionals, a curriculum inspired by top world-class research in Business and Management, and professional practice to assist you in advancing your career.
If you decide to move to Australia for an MBA, you will need an Australian student visa. If you don't know how to get one, then our guide on an Australian student visa will help you.
Australian National University
Fees: Domestic students will have to pay AU$30,768 per year, while MBA for international students will cost around AU$40,992 per year.
The Australian National University is among the best universities in Australia itself. Founded in 1946, this university lies in the heart of the country's capital, Canberra. The university has a QS ranking of 30 and a national ranking of 6. The university also has a graduate employment rate of 82%. The MBA programme at Australian National University is the world's first evidence-based MBA programme. The course is designed to help you further your career by exposing you to the latest thinking from world-renowned academics as well as insights from industry and government leaders, making it one of the best MBA colleges in Australia.
University of Western Australia
Fees: The first-year tuition fees for an MBA at the University of Western Australia will cost you AU$51,385.
Not mentioning the University of Western Australia in the list of best MBA colleges in Australia can be considered a sin. The University of Western Australia, commonly known as UWA, was founded in 1911 in the gorgeous city of Perth. They have a QS ranking of 90 and a national ranking of 8. They also boast a competitive graduate employment rate of 83.2%. An MBA from UWA will help you build the knowledge, skills, and networks needed to advance to senior leadership positions in today's global business sector. Their MBA programme has been running for 40 years and has hundreds of successful alumni.
University of Queensland
Fees: Studying MBA at the University of Queensland will cost you AU$84,648 per year.
Located in the heart of Brisbane lies the University of Queensland. Founded in 1909, the university has a QS ranking of 50 and a national ranking of 3. They also boast an impressive graduate employability rate of 93.3%. The MBA programme at the University of Queensland has a reputation for excellence. It has been ranked first in the world for student quality by The Economist MBA global ranking for the sixth year. While studying here, you will be surrounded by a diverse group of great minds who will push your thinking, extend your views, and much more, making it one of the best MBA colleges in Australia.
Fees: The MBA programme and Macquarie University will cost you anywhere between AU$16,000 and AU$23,500 per year.
Macquarie University can definitely be counted as one of the best MBA programmes in Australia. Founded in 1964 in the city of Sydney, the university has a QS ranking of1 95 and a national ranking of 14. They also boast a bold 98% graduate employment rate. Their outstanding MBA will broaden your knowledge, abilities, and experience through a practical curriculum that bridges the gap between theory and real-world application, challenging and transforming you, making it one of the best MBA colleges in Australia.
With tuition fees already being so high, who wouldn't like to get discounts on other items? Our blog on the top 15 student discounts in Australia will show you how to do it!
Fees: Domestic students will have to pay AU$77,000, while international students will have to pay an eye-watering amount of AU$100,000.
Monash University was founded in 1958 in the amazing city of Melbourne. The university has a QS ranking of 57 and a national ranking of 4. They also have an impressive graduate employment rate of 87.7%. The MBA emphasises a strategic and practice-based approach to management development, with modules on innovation, transformation, and globalisation. It is intended for aspiring young professionals. It also includes experience-based modules, consultancy assignments, and foreign learning and industry interaction possibilities, making it one of the best MBA colleges in Australia.
University of New South Wales
Fees: MBA at UNSW Sydney will cost around AU$5,190 per year.
Second to last lies the University of New South Wales in Sydney. It is commonly known as UNSW Sydney and was founded in 1949. They have a QS ranking of 45 and a national ranking of 4. They also show off a mind-blowing graduate employment rate of 94%. UNSW Sydney is the only Australian business school to be a member of the Global Networking of Advanced Management (GNAM) network, which includes 30 of the world's most prestigious business schools. A dedicated AGSM Careers staff assists MBA candidates with career counselling, graduate options, and industry connections. Peer-to-peer learning is an important component of the program's success, making UNSW Sydney one of the best MBA colleges in Australia.
University of Melbourne
Fees: The fees for studying MBA will cost you AU$99,630 per year.
Saving the best for last. Not mentioning the University of Melbourne in the top 3 would be stupid. They are among the best universities in Australia by a mile. Founded in 1853 in the gorgeous city of Melbourne. They currently have a QS ranking of 33 and a national ranking of 1. They also have an astounding graduate employment rate of 97%. Studying MBA at the University of Melbourne entails participating in an integrated, skill-focused curriculum designed. For optimal career impact and practical business experience. It is immersive and demanding and offers more than the typical MBA toolbox, making it one of the best MBA colleges in Australia.
The above colleges were the best for MBA in Australia. If you are deciding to move to Australia and need a place to stay. Don't worry because amber has got your back; we provide the best student accommodation you will find at an affordable price in the most prime locations in the country.