MBA Colleges in Australia: 10 Best MBA Colleges in Australia for International Students Image
MBA: The Why, The Whats & The Hows

MBA Colleges in Australia: 10 Best MBA Colleges in Australia for International Students

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Yocket Editorial Team
6 mins read
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An MBA from Australia is an internationally respected degree that will enhance your earning potential and career opportunities around the globe. The highly acclaimed MBA colleges in Australia are a clear display of expertise in business and management, that offer a keen understanding of international business practices and policies. Apart from offering high quality education, the MBA universities in Australia are also cost-effective for international students.

In this blog, we have discussed the best MBA colleges in Australia, rankings, the courses they offer, cost and also the requirements for MBA in Australia. 

Table of Contents:

  1. How to Select the Best MBA College in Australia?
  2. Top MBA Colleges in Australia
  3. Admission Requirements for MBA Colleges in Australia
  4. Documents Required for MBA Colleges in Australia
  5. Frequently Asked Question About MBA Colleges in Australia

How to Select the Best MBA College in Australia?

Choosing the college or university that offers the best MBA in Australia can be a confusing task. So, let us first simplify the process of selecting the best business school for MBA in Australia or any other country by looking at some tips below:

  • QS Ranking: The QS World University Rankings speak volumes about universities, their programs, culture, achievements, etc. These rankings offer a fair idea of the overall quality of education and future prospects that you may expect from a specific university or college. 
  • Tuition Fees: After checking the rankings and the course-related details, do also check the studying costs that the particular university charge. After all, cost is a big factor for all study abroad aspirants, and keeping a track of it beforehand will help you manage your finances better. 
  • Location: Who doesn’t want to live in the place of their choice while studying at a foreign university? The location of your university plays a vital role in determining the overall experience of studying abroad. Hence, don’t forget to research the place and surrounding areas of your university to avoid any confusion later. 

Suggested: A Complete Guide to Studying in Australia for International Students

Top MBA Colleges in Australia

Australia is one of the top destinations for MBA abroad. The credit here goes to the top business schools in Australia offering a wide range of programs at affordable costs. Mentioned below is a list of top 10 universities for MBA in Australia:

  1. University of Melbourne, Melbourne Business School 
  2. University of New South Wales Business School
  3. Monash University, Monash Business School
  4. Macquarie University, Macquarie Business School 
  5. University of Queensland, UQ Business School
  6. University of Western Australia, UWA Business School 
  7. Australian National University, ANU College of Business and Economics
  8. University of South Australia, UniSA Business School
  9. University of Technology Sydney, UTs Business School
  10. University of Wollongong, Sydney Business School

Let us now go into details about each business school in Australia one by one:

University of Melbourne, Melbourne Business School 

Melboure Business School is considered to be amongst the top B schools in Australia. If you are looking for some real life business exposure in an exciting city, Melbourne Business School is your place. The MBA here is ranked best in Australia by The Economist. The curriculum offers a breadth of knowledge and opportunities applicable to real-world settings. 

QS Global MBA Ranking 2022

26

Location 

Victoria, Australia

University Type

Public

MBA Programs Offered

Full-Time MBA

Part-Time MBA

Executive MBA

Senior Executive MBA

Average Fees Per Year

$46,000 - $51,000

University of New South Wales, Australian Graduate School of Management

Australian Graduate School of Management aims to prepare students for general management and executive leadership roles in business and government. It is also one of the top business schools in Australia. The MBA courses here combine traditional learning with case studies and teamwork to sharpen your decision-making ability.

QS Global MBA Ranking 2022

35

Location 

Sydney 

University Type

Public

MBA Programs Offered

MBA Full-Time

MBA (Executive)

MBAX

LLM MBA (Law)

Average Fees Per Year

$37,000 - $39,000

Monash University, Monash Business School

Amongst the MBA universities in Australia, Monash Universities hold a reputed place. The MBA programs here includes experience-based modules, consulting projects, and overseas industry engagement opportunities. Just like other best B schools in Australia, you must have a minimum experience of three years before apply for MBA at Monash University.

QS Global MBA Ranking 2022

73

Location 

Melbourne 

University Type

Public 

MBA Programs Offered

The Monash MBA

Global Executive MBA

MBA Digital

Average Fees Per Year

$46,000 - $59,000

Macquarie University, Macquarie Business School 

The MBA and Global MBA programs at Macquarie Business School offers the necessary skillsets for students to to navigate and influence diverse possibilities in an evolving global economy. Macquarie Business School is one of the most sought-after MBA colleges in Australia for Indian students. 

QS Global MBA Ranking 2022

84

Location 

Sydney

University Type

Public 

MBA Programs Offered

MBA

Global MBA 

Average Fees Per Year

$39,600

University of Queensland, UQ Business School

Located at the heart of Brisbane, UQ Business School is amongst the notable business schools in Australia for international students. It has been ranked number one in the world for the fifth year in a row by The Economist MBA global ranking. At UQ Business school you can acquire all the qualifications and qualities to solve complex business issues. 

QS Global MBA Ranking 2022

94

Location 

Brisbane 

University Type

Public 

MBA Programs Offered

MBA 

Average Fees Per Year

$43,200 

University of Western Australia, UWA Business School 

The intensive and flexible MBA programs at UWA Business School helps in developing the knowledge, skills and networks crucial for transitioning into senior leadership roles in global business landscape. The UWA Business School has been bestowed the EQUIS, AACSB and UNPRME Accreditations. 

QS Global MBA Ranking 2022

111 - 120

Location 

Perth

University Type

Public 

MBA Programs Offered

MBA Intensive

MBA Flexible

Average Fees Per Year

$32,100 - $38,700

Australian National University, ANU College of Business and Economics

A discussion about best MBA colleges in Australia is incomplete without the mention of ANU College of Business and Economics. The MBA program here is an opportunity to polish your business and management knowledge and climb towards higher management roles. There prevails an interactive teaching-learning process in the MBA classes at ANU.

QS Global MBA Ranking 2022

131 - 140

Location 

Australian Capital Territory

University Type

Public 

MBA Programs Offered

MBA

Average Fees Per Year

$22,680

University of South Australia, UniSA Business School

Pursuing an MBA from UniSA Business school is the way to a successful career in management. One of the best universities in Australia, University of South Australia, offers its MBA programs through UniSA Business School with a strong practical focus on senior management decision-making to maximise your career development.

QS Global MBA Ranking 2022

151 - 200

Location 

Adelaide

University Type

Public 

MBA Programs Offered

Master of Business Administration

International Master of Business Administration 

Average Fees Per Year

$36,000

University of Technology Sydney, UTs Business School

Another top Business Schools in Australia, UTs Business School aims in fostering the skills of strategic planning and critical thinking for students to take up manegerial roles. The MBA programs are flexibile for students to build a broad foundation of general business before expanding their skill sets with their preferred specialisation(s).

QS Global MBA Ranking 2022

151 - 200

Location 

New South Wales

University Type

Public 

MBA Programs Offered

Master of Business Administration

Executive Master of Business Administration

Average Fees Per Year

$33,700 - $44,400

University of Wollongong, Sydney Business School

Sydney Business School is a part of University of Wollongong under the Faculty of Business. Being ranked as top 200 business schools in the world, it is undoubtedly one of the best MBA colleges in Australia for Indian students. Sydney Business School excels in preparing students for professional excellence in their respective fields. 

QS Global MBA Ranking 2022

151 - 200

Location 

New South Wales

University Type

Public 

MBA Programs Offered

MBA

Executive MBA

MBA Advanced 

Average Fees Per Year

$36,000 - $20,000

Suggested: Masters in Australia for International Students

Admission Requirements for MBA Colleges in Australia

MBA admission in Australia depends upon the university and the program you choose. Some basic requirements for the top universities in Australia for MBA are:

  • Undergraduate Degree 
  • GMAT or GRE Score
  • Work Experience
  • Language Requirements
  • Passport & Visa

Now let’s look at the eligibility for best MBA colleges in Australia one by one:

Undergraduate Degree

To apply for MBA universities in Australia all applicants must have an undergraduate degree of a minimum 5.0 to 7.0 CGPA from a recognized university. You must produce the original transcripts too.

GMAT or GRE Score

The second most important requirement for top MBA colleges in Australia is the GMAT or GRE score. The scores vary depending on the type of MBA program and university you choose. The GMAT general score ranges from 600 to 650.

Work Experience

A minimum 3 to 5 years of professional work experience in the relevant field is a must to apply at top universities in Australia for MBA. However, not all universities have a mandatory requirement, but it is always preferred.

Language Requirements

An English proficiency test is mandatory for MBA colleges in Australia for Indian students. Minimum scores as per the tests are:

Passport and Visa

A valid passport and student visa are a must for all international students to study any course at any university in Australia. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travel.

Suggested: Requirements and Application Process for Australian Student Visa

Documents Required For MBA Colleges in Australia

Admission to best universities in Australia for MBA requires a set of documents. Some of the common document requirements are mentioned below:

  • Transcripts of all educational qualification
  • CV or Resume
  • LOR or Letter of Recommendation
  • SOP or Statement of Purpose
  • Scorecards of IELTS/TOEFL
  • Scorecards of GMAT/GRE
  • Work experience certificate
  • A write-up describing your intention behind opting to study MBA in Australia. Do also include your specific area of interest and any prior achievements you have.

An MBA from the top MBA colleges in Australia is a stimulating and life-changing experience that paved the way to pursue your goals. For more insights about studying MBA at the best universities in Australia, do get in touch with our counselors at Yocket.

Frequently Asked Questions About MBA Colleges in Australia

Ques. What is the course duration at MBA universities in Australia?

Ans. The general MBA duration in Australia is 2 years. However, there are also universities that offer 1.5 year MBA courses in Australia. 

Ques. Which are the exams required to study at business schools in Australia?

Ans. To study at the best MBA colleges in Australia for Indian students, you need to prove your proficiency in several English-based tests such as IELTS, TOEFL, and GMAT. Students must also have a minimum GPA of 5.0-7.0 score for admission to an MBA program in Australia. 

Ques. Is work experience mandatory for MBA colleges in Australia?

Ans. Yes. The top MBA colleges in Australia require a minimum of 3 to 5 years of work experience for admission. 

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