Cheapest MBA Colleges in Australia: 5 Top MBA Colleges in Australia with Low Fees Image
MBA: The Why, The Whats & The Hows

Cheapest MBA Colleges in Australia: 5 Top MBA Colleges in Australia with Low Fees

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Yocket Editorial Team
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Australia is the third most popular English-speaking destination for international students, after the United States and the United Kingdom. Because of the cultural variety, friendly locals, and excellent level of education, many foreign students prefer to study there. 

An MBA from Australian universities has a remarkable international reputation, and graduates are in great demand. The government rigorously regulates the Australian education system in order to maintain the country's excellent academic standards.

In this blog, we have discussed the list of universities that provide the cheapest MBA in Australia  for international students along with their costs and programs.

 Table of Contents

  1. Why Study MBA in Australia?
  2. Cost of Studying MBA in Australia
  3. 5 Most Affordable Universities in Australia for MBA
  4. Frequently Asked Questions About Cheapest MBA in Australia

Why Study MBA in Australia?

The following are some of the main reasons why an MBA in Australia is a preferred choice for thousands of international students:

  1. Due to its great education system, high quality of living, friendly, laid-back culture, natural beauty, and active metropolitan life, Australia is regarded as one of the top three most liveable nations in the world.
  2. Graduates from the top MBA colleges in Australia are in great demand due to the excellent quality of the education system.
  3. Under Australian law, international students are protected by the Education Services for Overseas Students (ESOS) Act and national regulatory authorities such as the Tertiary Education Quality and Standards Agency (TEQSA).
  4. The Australian Qualification Framework (AQF) enables nations all around the globe to recognize your qualification and issue equivalent credentials for local usage.
  5. There are ample affordable MBA colleges in Australia for you to choose from.

Suggested: GMAT score for MBA in Australia

Cost of Studying MBA in Australia

The average cost of studying in Australia is roughly 59,966 AUD. The average yearly cost of an MBA for international students ranges from 45000 AUD to 822,000 AUD.

Though, tuition rates vary depending on the university and degree you pick. However, there is no need to be concerned or perplexed about the cost component. You can finance it by applying for any of the appropriate scholarships provided by the Australian government and organisations.

Suggested: One Year MBA in Australia 

5 Most Affordable Universities in Australia for MBA

As mentioned previously, Australia has some of the top universities that will provide you with a low-cost MBA in Australia. Here is a list of the top MBA colleges providing the cheapest MBA in Australia for international students:

  • Kaplan Business School
  • Holmes Institute
  • Charles Darwin Institute
  • Victoria Institute
  • Central Queensland University

Let’s dive deeper into these affordable MBA colleges in Australia:

Kaplan Business School

The first college on the list of affordable MBA colleges in Australia is Kaplan Business School. Undergraduate and postgraduate degrees are available at Kaplan Business School Australia. KBS qualifications, like Australia's public institutions, are fully approved by the Tertiary Education Quality and Standards Agency (TEQSA), implying that a KBS qualification has a global reach. It is the cheapest university in Australia for MBA. 

Popular MBA Programs 

  • Project management
  • Health Services Management
  • Entrepreneurship
  • Digital Management
  • Women in Leadership

Average Fees Per Year 

AUS $15,375

Suggested: MBA in Australia Without Work Experience

Holmes Institute

The second on the list of universities providing an affordable MBA in Australia is the Holmes Institute. Their MBA program's goal is to educate you on how to think like a businessperson and plan utilizing advanced strategic thinking. The Holmes MBA will teach you to think critically about issues and possibilities. The Master of Business Administration program lasts 1.5 years and is taught full-time across three trimesters. All students must successfully complete 12 units to achieve graduation requirements.

Popular MBA Programs 

  • Masters of Business Administration
  • Accounting
  • Project Management

Average Fees Per Year

AUS $17,600 

Suggested: MBA in Australia Without GMAT 

Charles Darwin Institute

Charles Darwin Institute is one of the top colleges that provides an affordable MBA in Australia. CDU, as a premier cross-sector institution, is ideally positioned to assist students in becoming 'future-ready' professionals who co-develop digital knowledge, skills, and attitudes to fulfill their unique needs and interests while also preparing them for a world of rapid change.

Popular MBA Programs 

Master of Business Administration sustainable enterprise

Average Fees Per Year

AUS $20,560

Suggested: MBA Scholarships in Australia 

Victoria Institute

Victoria Institute also provides a low-cost  MBA in Australia. VIT is an Australian Higher Education Provider that offers a variety of specialized degrees in Business Management and Information Technology and Systems. The Australian Government regulator, the Tertiary Quality and Standards Agency (TEQSA), has registered it as a Higher-Education Provider, and it offers certified programs under the Australian Qualifications Framework (AQF).

Popular MBA Programs 

Master of Business Administration

Average Fees Per Year

AUS $20,940

Central Queensland University 

University of Ulm provides a low-cost MBA in Australia.   CQUniversity is ranked among the top universities in the world, with a five-star overall rating from QS Stars. Because we believe that higher education should be available to all, we have become renowned as one of Australia's most accessible and engaged institutions, with a footprint spanning five states and more than 20 sites.

Popular MBA Programs 

Master of Business Administration 

Average Fees Per Year

AUS $21,355

Suggested: Jobs and Salaries after MBA in Australia

This was the list of top colleges providing the cheapest MBA course in Australia. Apart from the list of universities mentioned above, there are a lot of other top colleges that provide the cheapest MBA course in Australia. If you’re looking for MBA colleges in Australia with low fees, remember to do your research thoroughly before applying. For more guidance do get in touch with our counselors at Yocket.

Frequently Asked Questions About Cheapest MBA in Australia

Ques. Which is the cheapest university for MBA in Australia?

Ans.  As mentioned above, Kaplan Business School is the cheapest university for MBA in Australia. 

Ques. What is the lowest MBA fees in Australia?

Ans. The lowest fees for MBA in Australia are between AUS $15,000 to AUS $21,000

Ques. Is MBA cheapest in Australia?

Ans. Except for Australia, there are many other cheap countries too for MBA. Such as Germany, Norway, Malaysia, Sweden, etc.

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