So with all the benefits outweighing some of the drawbacks, we thought it would be best to show you a list of the best MBA schools in Australia.
We compared the top 30 MBA schools in Australia based on MBA cost and post-MBA salary.
The average cost of an MBA at an Australian university ranges from $40,000 to $63,000.
One reason could be that, although the cost of an MBA in Australia is slightly lower than the best MBAs in the US, the cost of living is quite high at $500 per week (read Studying in Australia – Costs, Pros and Cons).
With the growing demand for management-level professionals, MBA graduates from Australia enjoy an average salary package of approximately US$98,400 (72.2 lakh INR).
AGSM is ranked #1 in Australia by the Financial Times Global MBA Rankings and students enjoy an impressive 66% salary increase upon graduation from the MBA program.
UNSW, the University of Sydney and Monash University attract the largest number of graduate students in management and business.
The most difficult universities for aspiring business students are UNSW, the University of Sydney and the University of Melbourne.
The school also offers a number of specialized master’s programs in niches such as human resource management and supply chain management; all this makes the University of Sydney Business School one of the best business schools in Australia.
Although the University of Sydney Business School does not rank among the top MBA rankings, it is the only business school in Australia to hold both triple accreditation (from EQUIS, AACSB and AMBA) and membership in CEMS, a global business alliance of schools.
Queensland University of Technology (QUT) – Brisbane Graduate School of Business (BGSB) Brisbane, Australia 16 followers 13 discussions EQUIS. Located in the heart of the city, Melbourne Business School (MBS) is ranked as the best MBA program in Australia by the Economist and QS and is ranked second in Australia by the Financial Times MBA rankings.
AGSM’s 16-month full-time MBA program is ranked 2nd best MBA college in Australia and 42nd in the world.
Many universities have started offering one-year MBA programs such as the University of Queensland, the University of Western Australia and the Melbourne Business School.
Australian universities have internationally accredited MBA programs and offer courses in their preferred language, which is English.
MBA students can apply for a variety of international scholarships in Australia. MBA candidates can also apply for scholarships awarded by individual universities.
International students can also take an online MBA program at popular Australian business schools:
RMIT, Victoria University, James Cook University and Southern Cross University. Monash, Macquarie, Deakin and LaTrobe University are some of the reputable business schools that accept students for non-GMAT MBA courses in Australia.
The Monash MBA program also includes an intensive study module based on the best business schools in Asia:
China Europe International Business School (CEIBS) and Sungkyunkwan University (SKKU).
Monash Business School’s two-year full-time MBA program is ranked third among the best MBA colleges in Australia, the first in the ranking of the best MBA colleges. 89 around the world.
It is made up of seven disciplinary departments as well as four research centers and an executive leadership and training group responsible for delivering the Monash MBA, Global Executive MBA, or any number of executive programs.
The School of Business and Economics is one of the top ten faculties at Monash University.
This EQUIS-accredited school offers an MBA program that covers a range of specializations in finance, human resources and marketing.
Also rated highly by The Australian Financial Review, this full-time MBA school is a flexible program where students can choose to study on campus, online or a combination of both, allowing them to keep up with their work and family commitments.
University of Adelaide – Adelaide Business School (AGSB) South Australia, Australia 5 Followers 8 Discussions Another school rated highly by The Australian Financial Review is Adelaide Business School, in 2017 ranked fifth in the year.
It is a founding member of the Australian Technology Network and is ranked among the top 20 universities in Australia for research, education and innovation.
The University of South Australia is a public research university in the Australian state of South Australia.
The University of Technology Sydney (UTS) is a public university located in Sydney, Australia.
The largest postgraduate schools in Australia are in Sydney and Melbourne. UQ students are older (38 years on average) and more experienced (13 years of work experience on average) than students in other full-time Australian MBA programs.
UQ MBA graduates have an average salary of A$170,000 and 77% of students change careers upon graduation.
University of Queensland (Brisbane) – University of Queensland (UQ), 12-24 month MBA, ranked 47th in the world by The Economist in 2021. Admission deadlines for MBA programs at top Australian universities are discussed below.
Since ranking, location, ROI and starting salary are the main criteria for our MBA audience, we have identified seven MBA programs that we think you should consider in Australia.
University of Sydney Sydney, Australia 9 Subscribers 9 Discussions The Australian Financial Review, a business and finance newspaper, currently ranks the University of Sydney’s MBA program as the best MBA program in Australia.
The MGSM MBA program has been ranked as one of the best MBA programs in Australia and is among the top 50 MBA programs in the latest Economist rankings, as well as in the Financial Times rankings, where it was named the best MBA program in Australia.
AGSM offers general management, executive direction and leadership development programs for those in Australia and abroad.
All business courses in Australia are internationally recognized and the Australian Business Qualifications place a strong emphasis on international thinking in an environment that combines Eastern and Western perspectives on business and management.
Australian institutions offer a wide range of industry experience to ensure business school graduates are ready for the job.
Students can choose from a wide range of business studies at numerous universities and colleges, many of which are among the best in the world. MBA Australia programs prepare graduates for work in business and have a competitive edge through the high quality education they receive from outstanding faculty.
Since the MBA degree in Australia is recognized everywhere, you can apply for a job anywhere in the world after completing your degree.
An MBA at an Australian university can be a rich intercultural experience as well as an opportunity to study in a world-class competitive environment.
UWA and La Trobe Business School have the lowest rates, while Melbourne Business School has the highest MBA rate in Australia among higher education institutions.