Top 10 Universities in Australia for MBA

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Aarushi Jain
Updated on May 20, 2023 11:17 AM IST

If you study MBA in Australia, you will graduate with high-quality, globally recognised credentials. The MBA programmes in Australia are globally recognised, and many of these programmes have worldwide accreditation from EQUIS and AACSB. Let us unveil some of the top universities in Australia for MBA aspirants in 2023.

Top 10 Universities in Australia for MBA

Top Universities in Australia for MBA: There is no doubt that Australia is one of the most sought-after higher education locations in the world for international students, particularly for degrees such as the MBA. Every year, a large number of students from all over the world are drawn to its world-class education which houses some of the top universities in Australia for MBA, post-study career possibilities, and excellent quality of life.

The top universities in Australia for MBA provide globally certified degrees and courses in the most popular language, English. They will educate you on both practical and theoretical skills to help you succeed. According to the government website, universities in Australia have redesigned their approaches to teaching and learning to promote thought-leading innovation in students across all disciplines.

Nonetheless, you have undoubtedly made the best decision for your future development and growth if you have been considering pursuing an MBA in Australia. This article will indeed help you in finding a list of the top universities in Australia for MBA degree in 2023!

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Now that we are crystal clear about the different perks of studying an MBA in Australia as an international student, here are our top picks for different top universities in Australia for MBA aspirants as per the latest QS Global MBA Rankings 2023. 

Name of the Universities

QS Global MBA Rankings 2023

Minimum GMAT Score

Melbourne Business School

27

705

Australian Graduate School of Management (AGSM), University of New South Wales 

31

650+

Macquarie Business School, Macquarie University

=82

680+

Monash Business School, Monash University

84

550

UQ Business School, The University of Queensland

=87

550

University of Western Australia Business School

111-120

650

Australian National University

121-130

600

RMIT University School of Business and Law

151-200

550+

Unisa Business School, University of South Australia

151-200

550+

Uts Business School, University of Technology Sydney

151-200

550+

Eligibility Requirements for Top Universities in Australia for MBA

To pursue an MBA degree from one of the top universities in Australia for MBA aspirants, you must meet specific eligibility requirements, which vary depending on the programme and university you choose. However, here are some of the general eligibility requirements you should be aware of before enrolling in an MBA degree at an Australian university:

  • Academic achievement is an important factor that is required. A minimum of 15 years of formal study at an accredited school are required for an MBA. Candidates for an MBA should have a minimum GPA of 65%.

  • Students must also present genuine and competitive GMAT/GRE scores to Australian colleges.

  • English language proficiency tests, such as IELTS/TOEFL, are also required for MBA study in Australia.

  • Most top universities in Australia for MBA require candidates to have relevant job experience in a related subject of study. Work experience is not required, however, it is suggested and favoured by top business schools when shortlisting the finest applicants. 

Note: Please keep in mind that the aforementioned admission requirements vary depending on the MBA programme and university. As a result, students should review the course details and prerequisites on the university's official website.

Document Checklist for MBA in Australia

Choosing to study at one of the top universities in Australia for MBA is an exciting step toward a bright future. Hence, you must first complete certain important paperwork and documentation before proceeding with this phase, such as: 

Cost of Studying MBA in Australia 

The cost of studying MBA in Australia may differ from one university to another. MBA programmes are provided by 50-60 prestigious schools in Australia. For international students, the typical MBA fee in Australia will be between AUD 40,000 and AUD 63,000, and occasionally much more. However, if you can demonstrate your eligibility for a scholarship to study in Australia, your charges may be lowered. Below is a list of the top universities in Australia for MBA programmes, as well as the average full-time tuition fee for students. 

Name of the Universities

Average Full-Time MBA Fees (in AUD)

Melbourne Business School

126,000

Australian Graduate School of Management (AGSM), University of New South Wales 

86,925

Macquarie Business School, Macquarie University

80,000

Monash Business School

88,000

University of Western Australia Business School

125,000

Uts Business School, University Of Technology Sydney

85,536

Curtin Business School

89,700

Bond University

68,380

University of Adelaide

72,750

QUT Business School

57,600

University of Sydney Business School 

87,820

As you can see, pursuing an MBA degree in Australia will be extremely lucrative in terms of unrivalled academic experience, in-depth knowledge of the whole Asia-Pacific area, attractive future pay, and a diverse lineup of globally famous management universities and institutions. Furthermore, students must spend significant time exploring the best or top universities in Australia for MBA where they wish to complete their MBA programmes in Australia. 

For further queries, get in touch with our highly experienced and trained experts at abroad@collegedekho.com and get started with your MBA in Australia application process soon! 

Find the Right MBA Specialisation That Suits You!

FAQs

Can I get a scholarship to study at the top universities in Australia for MBA degree?

Yes, international students can choose from a plethora of scholarships to study at the top universities in Australia for MBA degree. Australia provides several scholarships for deserving students, including the Kraft Heinz Scholarship, the AGSM Global Reach Scholarship and the AGSM Excellence Scholarship, the Monash MBA International Women in Leadership Scholarship, the MBS Scholarships and more. Any student with a solid academic record who wants to study in Australia can apply for a scholarship. The Australian government provides many merit-based scholarships to overseas students. Furthermore, the majority of Australian institutions provide financial assistance to students in the form of grants, prizes, and scholarships.

What are the top MBA programmes to study at top universities in Australia for MBA aspirants?

While the General MBA is the most popular degree in Australia, there are several specialised MBA courses provided by various universities from which to pick. The following are some of the best specialised MBA programmes in Australia:

  • MBA in Accounting and Finance
  • MBA in Information Technology
  • MBA in Project Management
  • MBA in International Business
  • MBA in Entrepreneurship
  • MBA in Sports Management
  • MBA in Event Management
  • MBA in Human Resource Management
  • MBA in Hospitality Management

What is the average course duration of an MBA programme from top universities in Australia?

Most Australian universities and business institutions, including the Australian National University, The University of Melbourne, Monash University, and the University of New South Wales, offer MBA programmes lasting between 15 months and two years. Aside from that, several universities, including Bond University, Macquarie University, and The University of Queensland, have begun to offer one-year MBA degrees.

Can I pursue MBA in Australia without any work experience?

MBA without work experience in Australia permits students to obtain an MBA degree without prior employment or industry experience. Australia is unique and well-liked by students from all over the world, thanks to its excellent educational framework and a quality system that ensures only the finest. The following top universities in Australia for MBA accept students with little or no job experience into their MBA programmes:

  • Monash University
  • Bond University
  • Macquarie University
  • University of Tasmania
  • University of Canberra
  • Australian National University
  • The University of Melbourne

Can I pursue MBA in Australia without GMAT?

Many Australian universities and business schools acknowledge that the GMAT may not be the greatest indicator of an applicant's MBA potential. This is a commonly held belief in Australia, where candidates without GMAT scores are accepted by a number of well-known, highly-ranked universities. Some of Australia's best universities for MBA without GMAT are listed below.

  • Monash University
  • La Trobe University
  • Deakin University
  • Curtin University
  • University of Adelaide
  • University of Technology Sydney (UTS)
  • Macquarie University
     

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