Top 15 Affordable MBA Courses in Australia for Master in Business Administration. MBA is a three-year postgraduate degree course program that deals with the study of basics of Management Studies including strategic management, marketing management, business management, and many more others.
What are the benefits of an MBA course?
Australia invests heavily in the educational sector and is a prosperous country. Nowadays universities/ Institutions in Australia are in Equality to the traditionally top institutions or universities in the UK or US. Below, are some of the reasons why an MBA course from Australia is one of the best choices.
Read More: Top Best Online University Canada 2022 Distance Cheapest Programs
- There are some great business schools in Australia, these are also accredited by organizations like AACSB, AMBA, EQUIS, and many more.
These organizations are recognizable all over the world.
- According to the QS Global MBA Ranking 2021, There are 5 business schools in Australia that are in the position of top 100 schools in the world.
- According to the 2020 QS news, there was included in the list of top countries, (Japan, Uk, US. Canada, etc) for MBA salaries and was placed in the 5th place leaving behind countries.
How to Get a List of MBA Courses for International Students in Australia
We will mention a list of some best MBA programs in Australia
- Accounting and finance
- Information Technology
- Accounting
- International Business
- Banking
- Sports Management
- Finance
- Innovation and Entrepreneurship
- Human Resources Management
- Hospitality Management
Top 15 Cheapest MBA Programs in Australia
There are many Universities in Australia that are government-funded, and you can easily find low tuition fees. Below are some of the universities with the Cheapest MBA Programs in Australia on the basis of tuition fees for international students.
| Name of University/ Institutes | First-Year Tuition Fee in AUS | First-Year Tuition Fee in INR |
| Charles Darwin University | 20,560 | 9,90,654.00 |
| Southern Cross University | 21,904 | 10,53,363.36 |
| Kaplan Business School | 15,375 7 | 39,383.75 |
| Holmes Institute | 17,600 | 8,46,384.00 |
| Federation University | 21,400 | 10,29,126.00 |
| University Sunshine Coast | 22,000 | 10,57,980.00 |
| Victoria University | 20,940 | 10,07,004.60 |
| IIBIT | 21,400 | 10,29,126.00 |
| James Cook University | 22,500 | 10,82,025.00 |
| University of Southern Queensland | 21,520 | 10,34,896.80 |
| Central Queensland University | 21,355 | 10,26,961.95 |
| ANU College of Business & Economics | 49,911 USD | 71434.12 |
| UWA Business School | 41,488 USD | 59378.87 |
| University of Melbourne | 62,198 USD | 89019.64 |
| Macquarie University | 54,993 USD | 78707.63 |
| University of Western Australia | 41,488 USD | 59378.87 |
What are the cheapest MBA programs in Australia for international students
Below, we will mention a chart of Australia’s top 10 MBA courses based on their employability, which are the best and cheapest MBA courses in Australia.
| Institution/University | Location |
| Melbourne Business School | Melbourne |
| UTS Business School, University of Technology, Sydney | Sydney |
| Monash Business School | Melbourne |
| ASGM, University of New South Wales | Sydney |
| UQ Business School, University of Queensland | Brisbane |
| Australian National University (ANU) | Canberra |
| Curtin University | Perth |
| Sydney Business School, University of Wollongong | Sydney |
| RMIT University | Melbourne |
| Macquarie Graduate School of Management | Sydney |
(N:B: Source — QS Global 250* Business Schools Report 2017)
How to get MBA in Australia with a scholarship
We will mention a detailed description and a list of MBA Scholarships in Australia:
Kraft Heinz Scholarship
The HJ Heinz foundation provides the Kraft Heinz Scholarship, founded in 1987.
This Kraft Heinz scholarship is applicable
For postgraduate as well as undergraduate courses.
Scholarship Value: $12,000
Application Deadline: 30th November
Founded: 1987.
Monash MBA International Women in Leadership Scholarship
Monash MBA International scholarship is Purposed at supporting women’s careers. This scholarship is provided to support and Exhort women across the world in pursuit of their Monash MBA. This scholarship is awarded to four (up to) students per section. To be eligible for this Fellowship the Aspirants should be a female international applicants and an applicant of the Monash MBA Program in Australia. The scholarship’s value is $10,000 US dollars.
Scholarship Value: $10,000
Application Deadline: 30th November
Founded: under review.
MBS Scholarships
This scholarship is suitable for All full-time applicants and provides partial support for the cost of studying abroad. The value of this scholarship varies depending on the program, financial condition, and faculty of the applicants.
Adelaide MBA Scholarship
This scholarship is Funded by the Adelaide Business School, is a highly competitive & comprehensive scholarship. This fellowships course ensures that the course is Get-at-able to aspirants of caliber. Adelaide MBA Scholarship is open to both international students as well as domestic students. Usually, this fellowship offers an attractive opportunity of 10% – 100% of the tuition fees.
UOW Postgraduate Academic Excellence Scholarship
UOW Excellence scholarship is provided to all master’s programs including the MBA program, a fee waiver of up to 30%.
You will not Individual applications for this scholarship when students enrolling in this program are automatically Deliberated for this scholarship. Surprisingly this scholarship has no limit on the number of candidates chosen for a scholarship.
How much does MBA cost in Australia and what fees?
The Australian Education System is highly comprehensive including student-friendly. Most comprehensive Universities provide scholarships. For these reasons, You can study abroad at those Universities or Institutes with a low-cost tuition fee. Nowadays the cost of studying an MBA course in Australia is usually 60,000 AUD per year. Due to the 3% increase in tuition fee rates at Australian universities, international students may have to pay between 45,000 AUD and 85,000 AUD.
How to apply for MBA courses in Australia and Requirements
You have to mention some important documents to apply for an MBA course in Australia. We mentioned a process: how to apply for an MBA course in Australia.
- Full legal name (according to certificate)
- Date of birth.
- National ID Card ( scan copy)
- Passport scan copy
- Email address.
- Present and permanent address (Canadian home address).
- Gross annual income
- Current employment status
- Social Insurance Number.
- Your residency status.
Requirements for MBA in Australia
To study abroad in Australia for an MBA course, you need to Some basic requirements for getting admission to a top institution/ university are:
Bachelor’s degree: Applicants must have completed a bachelor’s degree from a recognized university.
Work Experience: Although work experience is not mandatory.
Most universities offer preference to students having two-three years of real work experience in their zone.
IELTS: To study for an MBA in Australia You need to take an English language course. You have to complete it to secure a good TOEFL or IELTS or PTE score for getting an Australian visa.
GMAT: GMAT is The Graduate Management Admission Test. Most Australian universities and colleges accept GMAT scores to pursue the MBA program for admission. However, the average score of the GMAT is 590, which is the Ideal score for getting admission to an Australian University.
FAQ
Who has the cheapest MBA program?
Below, some of the cheapest and best MBA courses can be pursued in the following 1. 1. Universities/ Colleges in Australia:
2. MBS — Melbourne Business school
3. University of Sydney
4. Macquarie Graduate school of management — MGSM
5. UNSW — University of New South Wales
6. Unica — University of South Australia
How can I study MBA in Australia for free?
There is no way to study abroad in Australia for fully free. Most public and private universities provide fully-funded scholarships. For this reason, you can study for an MBA in Australia at the cheapest tuition fee and a living cost compared to the USA or UK and this type of country.
Which MBA course is best in Australia?
Nowadays usually Finance and Operations, Marketing and Sales in MBA programs are the best in Australia.