MBA colleges in Australia consistently rank among the world's best. They offer prestigious qualifications recognized by employers globally. This, combined with Australia's multicultural environment and excellent quality of life, makes it an unbeatable destination for an MBA. From Melbourne Business School to AGSM, top MBA colleges in Australia provide a rigorous curriculum and strong industry connections.
Highlights of the Blog:
- The best MBA colleges in Australia are Melbourne Business School, AGSM Business School (UNSW Sydney), and Monash Business School.
- Average annual fees at MBA Colleges in Australia range from AUD 50,000 (₹36,60,950) to AUD 80,000 (₹59,60,026).
- The cost of living in Australia for MBA students is roughly AUD 20,000 to $30,000 (₹14,64,380 to ₹21,96,570) annually for a comfortable lifestyle.
Cracking the code for MBA colleges in Australia requires a lot of navigation. Yocket Premium is your expert guide where we personalize your journey, and match you with the top 10 MBA universities in Australia that align with your goals and budget. Don't just dream of an Australian MBA, own it with Yocket Premium.
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Top 10 MBA Colleges in Australia: QS Ranking 2025 & Tuition Fees
Here is a list of the top 10 MBA colleges in Australia, with their QS MBA rankings for 2025 and annual tuition fees. This will help you identify the best institutions that align with your career goals and financial planning:
|
MBA University in Australia |
QS World Ranking 2025 |
Annual Tuition Fees (AUD and INR) |
|---|---|---|
|
The University of Melbourne |
13 |
AUD 75,000 (₹54,91,437) |
|
The University of Sydney |
18 |
AUD 60,000 - 70,000 (₹44,10,625 - ₹51,34,225) |
|
The University of New South Wales (UNSW Sydney) |
19 |
AUD 80,000 (₹59,60,026) |
|
Australian National University (ANU) |
30 |
AUD 52,000 (₹38,24,935) |
|
Monash University |
37 |
AUD 65,000 (₹47,93,148) |
|
The University of Queensland |
40 |
AUD 50,000 (₹36,60,950) |
|
The University of Western Australia |
77 |
AUD 48,000 (₹35,28,760) |
|
The University of Adelaide |
82 |
AUD 42,000 (₹30,96,000) |
|
University of Technology Sydney |
88 |
AUD 45,000 (₹33,15,475) |
|
RMIT University |
123 |
AUD 55,000 - 65,000 (₹40,24,773 - ₹47,93,148) |
The best MBA colleges in Australia are discussed in length below. These are also the top MBA Australian MBA colleges for Indian students:
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University of Melbourne (Melbourne Business School)
A prestigious institution with a global reputation, Melbourne Business School offers a rigorous MBA program combining academic excellence and practical application. Their curriculum emphasizes leadership development, innovation, and a global perspective, preparing graduates for success in the ever-evolving business landscape.
|
Ranking (QS World Ranking 2025) |
13 |
|
Course Duration (Full-Time) |
16 months |
|
Annual Tuition Fee (AUD & INR) |
AUD $75,000 (₹54,91,437) |
|
Location |
Melbourne, Victoria |
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University of Sydney (Sydney Business School)
The University of Sydney Business School is one of the best MBA college in Australia, boasting a strong reputation for academic excellence and a global perspective. Their MBA program emphasizes developing future leaders focusing on innovation, critical thinking, and ethical decision-making.
|
Ranking (QS World Ranking 2025) |
18 |
|
Course Duration (Full-Time) |
18 months |
|
Annual Tuition Fee (AUD & INR) |
AUD 60,000 - 70,000 (₹44,10,625 - ₹51,34,225) |
|
Location |
Sydney, New South Wales |
-
University of New South Wales (UNSW Sydney) (AGSM Business School)
UNSW Sydney AGSM Business School is another leading Australian MBA college renowned for its innovative and industry-focused MBA programs. Their curriculum offers a blend of core business disciplines with specialized electives, allowing students to tailor their learning to their career aspirations.
|
Ranking (QS World Ranking 2025) |
19 |
|
Course Duration (Full-Time) |
12-24 months |
|
Annual Tuition Fee (AUD & INR) |
AUD 80,000 (₹59,60,026) |
|
Location |
Sydney, New South Wales |
-
Australian National University (ANU College of Business and Economics)
The ANU College of Business and Economics offers a globally recognized MBA program with a focus on leadership, innovation, and public policy. Their curriculum equips graduates with the skills to excel in a variety of sectors.
|
Ranking (QS World Ranking 2025) |
30 |
|
Course Duration (Full-Time) |
18 months |
|
Annual Tuition Fee (AUD & INR) |
AUD 52,000 (₹38,24,935) |
|
Location |
Canberra, Australian Capital Territory |
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Monash University (Monash Business School)
Monash Business School is known for its commitment to research and its strong links to the corporate world. Their MBA program provides a comprehensive and flexible learning experience, with a variety of course options to suit individual needs.
|
Ranking (QS World Ranking 2025) |
37 |
|
Course Duration (Full-Time) |
12-24 months |
|
Annual Tuition Fee (AUD & INR) |
AUD 65,000 (₹47,93,148) |
|
Location |
Melbourne, Victoria |
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The University of Queensland (UQ Business School)
UQ Business School boasts a strong global reputation and a curriculum that emphasizes leadership, sustainability, and Asian business practices. Their MBA program prepares graduates for success in the international marketplace.
|
Ranking (QS World Ranking 2025) |
40 |
|
Course Duration (Full-Time) |
12 months |
|
Annual Tuition Fee (AUD & INR) |
AUD 50,000 (₹36,60,950) |
|
Location |
Brisbane, Queensland |
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The University of Western Australia
The University of Western Australia (UWA Business School) is one of the best MBA colleges in Western Australia. Their MBA program provides a strong foundation in business fundamentals, with a focus on developing critical thinking and problem-solving skills.
|
Ranking (QS World Ranking 2025) |
77 |
|
Course Duration (Full-Time) |
16 months |
|
Annual Tuition Fee (AUD & INR) |
AUD 48,000 (₹35,28,760) |
|
Location |
Perth, Western Australia |
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The University of Adelaide (Adelaide Business School)
The University of Adelaide Business School offers a globally focused MBA program with a strong emphasis on Asian business practices. Their curriculum equips graduates with the skills and knowledge to navigate the complexities of the international marketplace.
|
Ranking (QS World Ranking 2025) |
82 |
|
Course Duration (Full-Time) |
18 months |
|
Annual Tuition Fee (AUD & INR) |
AUD 42,000 (₹30,96,000) |
|
Location |
Adelaide, South Australia |
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University of Technology Sydney (UTS Business School)
UTS Business School is known for its innovative and practical approach to business education, with a strong focus on technology integration. Their MBA program equips graduates with the skills and knowledge to thrive in the digital age.
|
Ranking (QS World Ranking 2025) |
88 |
|
Course Duration (Full-Time) |
16 months |
|
Annual Tuition Fee (AUD & INR) |
AUD 45,000 (₹33,15,475) |
|
Location |
Sydney, New South Wale |
-
RMIT University (RMIT Business School)
RMIT University offers a well-regarded MBA program through its RMIT Business School. They provide a curriculum with both academic rigor and industry-oriented learning, preparing graduates for successful careers in a diverse business landscape.
|
Ranking (QS World Ranking 2025) |
123 |
|
Course Duration (Full-Time) |
12-24 months (varies by program) |
|
Annual Tuition Fee (AUD & INR) |
AUD 55,000 - 65,000(₹40,24,773 - ₹47,93,148) |
|
Location |
Melbourne, Victoria (primary campus); online options available |
Admission Requirements of Top MBA Colleges in Australia
On average, admission to top MBA Colleges in Australia requires a bachelor's degree or international equivalent. A minimum GPA of 2.5 to 3.0 on a 4.0 scale, equivalent to 80-86%, is usually required. You need to have a very high proficiency level in English, with an IELTS score of 6.5, a TOEFL score of 79-93, or a PTE score of 65-75. Work experience of normally 2 to 5 years is also required for the best MBA colleges in Australia Some other admission requirements are as follows:
|
MBA College in Australia |
GMAT |
IELTS |
Work Experience |
|---|---|---|---|
|
Melbourne Business School |
560 |
6.5 |
2 Years |
|
Australian Graduate School of Management |
650 |
7.5 |
2 Years |
|
University of Sydney Business School |
600 |
7 |
3 Years |
|
UQ Business School |
550 |
6.5 |
2 Years |
|
Monash Business School |
650 |
6.5 |
4 Years |
|
Macquarie University |
550 |
6.5 |
3 Years |
|
Australian National University |
600 |
6.5 |
5 Years |
|
University of Western Australia Business School |
550 |
6.5 |
3 Years |
|
University Of South Australia |
550 |
6.5 |
3 Years |
|
RMIT University |
550 |
6.5 |
No work experience requirement |
Popular MBA Courses at Australian MBA Colleges
An MBA in Australia equips you with in-depth business knowledge and a globally recognized qualification. But with diverse specializations to choose from, selecting the right specialization/ course is crucial. Here's a glimpse into some of the most popular MBA courses in Australia, that can help you launch high-paying roles
- MBA in Finance: MBA in Finance teaches you financial analysis, investment management, and risk assessment. According to the Michael Page Banking & Financial Services Salary Guide 2023, experienced Financial Analysts in Australia can earn an average base salary of AUD 120,000 (₹88,32,100).
- MBA in Marketing: You gain skills to develop and execute data-driven marketing campaigns. The Marketing Institute of Australia reports that Marketing Managers with over 10 years of experience can earn an average base salary exceeding AUD 150,000 (₹110,40,150).
- MBA in Business Analytics: Here, you learn to transform raw data into actionable insights, master data analysis techniques, machine learning, and data visualization. The Robert Half Salary Guide 2023 indicates that Business Intelligence Analysts in Australia can expect an average base salary of AUD 115,000 (₹84,48,175).
- MBA in Human Resource Management: You learn organizational behavior, training, hiring people, and maintaining an organization. The average salary after an MBA in HR in Australia is AUD 90,000 (₹50,00,000)
These popular MBA courses in Australia offer promising career prospects and are tailored to meet the evolving needs of the global market. By choosing the right course, you can significantly enhance your career trajectory and achieve your professional goals.
How to Choose the Right MBA College in Australia?
Navigating the Australian MBA landscape can feel overwhelming. Here's a roadmap to guide you toward the perfect program fit:
- Align your goals with program specializations: Australian universities offer diverse MBA specializations. Identify your career aspirations and research programs that match your desired skill set. Explore course curriculums, faculty expertise, and industry connections to ensure the program equips you for success.
- Consider program format and duration: Australian MBAs come in full-time, part-time, and executive formats. Evaluate your work commitments and learning style when choosing a format. Program duration can vary, impacting your time investment. Pick a program that fits your schedule and career timeline.
- Factor in rankings and accreditation: Rankings offer a general benchmark for program prestige. Research national and international MBA rankings from QS World University Rankings or Financial Times. Ensure the program holds accreditation from EQUIS or AACSB.
- Evaluate scholarship opportunities: Australian universities offer merit-based and international student scholarships. Research financial aid options to lessen the financial burden. Contact the university's admissions office or explore scholarship websites for detailed information and application procedures.
- Connect with alumni and current students: Gain insights by connecting with past and present students. Their experiences can shed light on program strengths, faculty approachability, and career support services.
From the Desk of Yocket
Australia is one of the best places to obtain an MBA, with globally recognized and industry-relevant programs. The numerous specializations, elite industry links, and vibrant student life make Australian colleges an excellent choice. Institutions like Melbourne Business School, AGSM, and Monash Business School top the chart with excellent facilities, rigorous academic training, extended networking opportunities, and promising career prospects.
Our expert counselors would guide you through picking the right MBA college that aligns best with your career aspirations. With a Yocket Consultancy Call, you can directly connect with experienced advisors to answer your questions, provide insider tips about the process, and filling applications.
