Over 8 lakh international students call Australia their study destination each year.
Yep, and a good number of them are Indian students chasing their dream MBA in Australia. Why?
Australia delivers the perfect mix of world-class education, career opportunities, and that sunny “life’s good” vibe.
But let’s cut to the chase. While the MBA fee in Australia can be substantial, the career opportunities it unlocks make it worth the investment. With post-MBA salaries ranging from ₹56 - ₹84 lakh annually, the return on investment is undeniably impressive.
Key Highlights:
- Australian MBA fees range from AUD 48,000 to 85,000 (₹26 - ₹47 lakh) per year.
- The average cost of MBA in Australia is between AUD 50,000 and 81,000 (₹36.5–₹59.5 lakh) per year, depending on the university.
- Top MBA colleges in Australia include Melbourne Business School, Australian Graduate School of Management (AGSM), and Monash Business School.
- The average salary of an MBA graduate in Australia is around AUD 100,000 to 150,000 (₹56–₹84 lakh) annually.
- Australia offers a Post-Study Work Visa allowing MBA graduates to work in the country for up to 4 years after completing their studies.
What makes it even better? Scholarships to ease your wallet, a 4-year post-study work visa, and global job market exposure. So, keep reading—we’ve got all the details covered!
- 1. How Much Does it Cost to Study MBA in Australia?
- 2. MBA Fees in Australia: Program-Wise Tuition Cost
- 3. MBA Fees in Australia at Top Business Schools
- 4. Cost of Studying MBA in Australia for Indian Students
- 5. Scholarships & Financial Aid to Reduce the MBA Fees in Australia
- 6. How to Apply for MBA in Australia?
Check your eligibility at over 2000+ universities by connecting with our experts!
How Much Does it Cost to Study MBA in Australia?
Average MBA fees in Australia range from AUD 48,000 to 85,000 (₹26–₹47 lakh) per year. But that’s just the tuition! When you include living expenses, health insurance, and pre-departure costs, the total cost of studying rises to AUD 50,000 to 81,000 (₹36.5–₹59.5 lakh) per year.
For Indian students, these numbers can feel overwhelming at first glance, but with scholarships, part-time work options, and stellar post-MBA salaries, the investment can quickly pay off.
Let’s break down the cost of MBA in Australia further to make things easier:
- The MBA fees in Australia typically range from AUD 48,000 to 85,000 per year, which is approximately ₹26–₹47 lakh per year.
- In addition to tuition, living expenses come to around AUD 20,000 per year, or ₹11 lakh per year.
- Health insurance (OSHC) costs between AUD 600 and 3,500 per year, which equals roughly ₹35,000 to ₹2 lakh per year.
- The student visa fee is about AUD 630, translating to approximately ₹35,000.
- Students should also budget for pre-arrival costs, including tests and flight tickets, which range from AUD 2,000 to 3,000, or around ₹1.2 lakh to ₹1.8 lakh.
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MBA Fees in Australia: Program-Wise Tuition Cost
When planning for an MBA in Australia, the type of program you choose plays a big role in determining your MBA fees. Whether you’re targeting a general MBA, an Executive MBA, or a specialised MBA, each program comes with varying tuition costs.
To make it simpler, here’s a breakdown of MBA fees in Australia based on program types:
Program Type |
Australian MBA Fee in AUD |
Australian MBA Fee in INR |
---|---|---|
General MBA |
48,000 - 75,000 |
₹26 - ₹44 lakh |
Executive MBA (EMBA) |
60,000 - 90,000 |
₹35 - ₹53 lakh |
Specialised MBA |
50,000 - 85,000 |
₹29 - ₹50 lakh |
Online MBA |
30,000 - 50,000 |
₹17 - ₹29 lakh |
Part-Time MBA |
40,000 - 65,000 |
₹23 - ₹38 lakh |
Global MBA |
55,000 - 85,000 |
₹32 - ₹50 lakh |
Dual-Degree MBA |
70,000 - 100,000 |
₹41 - ₹59 lakh |
Accelerated MBA |
45,000 - 70,000 |
₹26 - ₹41 lakh |
Flexible MBA |
50,000 - 80,000 |
₹29 - ₹47 lakh |
MBA Fees in Australia at Top Business Schools
The average tuition fee for an MBA in Australia ranges between AUD 48,000 to 85,000 (approximately ₹26 - ₹47 lakh) per year.
While MBA fees in Australia might seem like a significant expense, it’s important to remember that these fees reflect the high-quality education, cutting-edge resources, and global recognition that Australian business schools offer.
With top-ranked universities providing world-class faculty and vast career support, the cost is a worthwhile investment in your future.
Let's take a look at MBA fees at the top universities in Australia.
College/University Name |
QS World Ranking 2025 |
MBA Fees in Australia/year (AUD) |
MBA Fees in Australia/year (INR) |
---|---|---|---|
The University of Melbourne |
13 |
75,000 |
₹41 lakh |
The University of Sydney |
18 |
60,000 – 70,000 |
₹33 – ₹38.5 lakh |
The University of New South Wales |
19 |
80,000 |
₹44 lakh |
Australian National University (ANU) |
30 |
52,000 |
₹28.5 lakh |
Monash University |
37 |
65,000 |
₹35.7 lakh |
The University of Queensland |
40 |
50,000 |
₹27.5 lakh |
The University of Western Australia |
77 |
48,000 |
₹26.4 lakh |
The University of Adelaide |
82 |
42,000 |
₹23 lakh |
University of Technology Sydney |
88 |
45,000 |
₹24.7 lakh |
RMIT University |
123 |
55,000 – 65,000 |
₹30.2 – ₹35.7 lakh |
University of Melbourne
One of Australia’s top-ranking universities, the University of Melbourne, offers a premium MBA experience. The MBA fee at the University of Melbourne is AUD 75,000 (₹45,00,000). While the cost might be higher than the average MBA fees in Australia, students benefit from state-of-the-art facilities, top-tier faculty, and an extensive alumni network. Graduates also enjoy competitive salaries, making this a worthwhile investment for ambitious professionals.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
1 year |
Intakes |
January |
MBA Fees in Australia |
AUD 75,000 (₹45,00,000) |
Salary Post MBA |
AUD 120,000 per year |
Admission requirements |
|
University of Sydney
With MBA tuition costs ranging between AUD 60,000 and 70,000 (₹36,00,000–₹42,00,000), the University of Sydney’s MBA program stands out for its focus on innovation and leadership. It offers an excellent return on investment, equipping graduates with skills for global business success.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
18 months |
Intakes |
February |
MBA Fees in Australia |
AUD 60,000 – 70,000 (₹36,00,000 – ₹42,00,000) |
Salary Post MBA |
AUD 110,000 per year |
Admission Requirements |
|
University of New South Wales (UNSW)
The MBA fees at one of Australia's top MBA programs at the University of New South Wales is AUD 80,000 (₹48,00,000), are designed for ambitious professionals aiming for leadership roles. The program includes global exposure, industry projects, and robust career services, making it a favourite among international students.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
16 months |
Intakes |
January |
MBA Fees in Australia |
AUD 80,000 (₹48,00,000) |
Salary Post MBA |
AUD 115,000 per year |
Admission Requirements |
|
Australian National University (ANU)
Looking at MBA fees in Australia, ANU offers a competitive MBA program with tuition cost of AUD 52,000 (₹31.2 lakh). Known for its research-driven approach and small class sizes, ANU provides a personalised and immersive MBA experience.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
1.5 years |
Intakes |
February |
MBA Fees in Australia |
AUD 52,000 (₹31,20,000) |
Salary Post MBA |
AUD 100,000 per year |
Admission Requirements |
|
Monash University
MBA fees at Monash University’s MBA program is around AUD 65,000 (₹39 lakh). When considering the MBA cost in Australia, Monash stands out for offering strong value through its focus on global business challenges and leadership. The program equips graduates with the skills needed to excel in top-tier organisations worldwide.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
2 years |
Intakes |
January |
MBA Fees in Australia |
AUD 65,000 (₹39,00,000) |
Salary Post MBA |
AUD 105,000 per year |
Admission Requirements |
|
University of Queensland
The University of Queensland offers an affordable MBA program with tuition fees of AUD 50,000 (₹30,00,000). The program is widely recognised for its emphasis on sustainability, innovation, and practical problem-solving.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
1 year |
Intakes |
January |
MBA Fees in Australia |
AUD 50,000 (₹30,00,000) |
Salary Post MBA |
AUD 100,000 per year |
Admission Requirements |
|
University of Western Australia
When considering MBA fees in Australia, the University of Western Australia stands out with tuition fees of AUD 48,000 (₹28.8 lakh). The MBA program is tailored for aspiring leaders and offers strong industry connections in Perth, providing valuable networking and internship opportunities.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
1 year |
Intakes |
February |
MBA Fees in Australia |
AUD 48,000 (₹28,80,000) |
Salary Post MBA |
AUD 95,000 per year |
Admission Requirements |
|
The University of Adelaide
The University of Adelaide offers one of the most affordable MBA programs in Australia, with tuition fees of AUD 42,000 (₹25,20,000). The program is known for its focus on entrepreneurship and small business management, making it ideal for students with big ideas.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
1 year |
Intakes |
January, July |
MBA Fees in Australia |
AUD 42,000 (₹25,20,000) |
Salary Post MBA |
AUD 85,000 per year |
Admission Requirements |
|
University of Technology Sydney
The University of Technology Sydney offers an MBA program with tuition fees of AUD 45,000 (₹27,00,000). Its strong industry connections and focus on real-world problem-solving make it a favourite among international students.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
1.5 years |
Intakes |
March, July |
MBA Fees in Australia |
AUD 45,000 (₹27,00,000) |
Salary Post MBA |
AUD 90,000 per year |
Admission Requirements |
|
RMIT University
RMIT University’s MBA program has fees ranging from AUD 55,000 to 65,000 (₹33–₹39 lakh). The program emphasises innovation, design thinking, and global business practices, making it highly relevant to modern industries.
Detail |
Information |
---|---|
Program Type |
Full-Time MBA |
Course Duration |
1.5 years |
Intakes |
February, July |
MBA Fees in Australia |
AUD 55,000 – 65,000 (₹33,00,000 – ₹39,00,000) |
Salary Post MBA |
AUD 100,000 per year |
Admission Requirements |
|
Cost of Studying MBA in Australia for Indian Students
MBA fees in Australia generally cover only tuition and direct educational costs, excluding living expenses and other incidental costs. It's important to account for additional expenses such as accommodation, utilities, and daily living costs, as well as any extra fees related to student services or activities.
Cost of MBA In Australia: Pre-Arrival Expenses
1. Standardized Tests
To apply to any MBA program abroad, you must first ace an entrance exam that the university accepts. An entrance exam aims to help universities understand students' skills and knowledge in multiple subject categories. The entrance exams in Australia (such as the GMAT) for an MBA can vary from one university to another. Here are the popular entrance exams undertaken along with their respective fees:
Standardized Tests |
Fees |
---|---|
AUD 286 - 319 (INR 15,000 - 16,500) |
|
TOEFL fees |
AUD 212 - 332 (INR 11,000 - 17,200) |
AUD 272 (INR 14,100) |
|
AUD 332 (INR 17,200) |
2. Air Tickets
Several factors influence airfare to Australia, including where you depart from and arrive, the airline you choose, flight timing, booking platform, number of stops, and travel season. The overview below gives you a clear idea of the expected costs.
Route |
Average Price (in INR) |
---|---|
Bangalore to Australia (one-way) |
INR 34,000 - 65,000 |
Mumbai to Australia (one-way) |
INR 36,000 - 84,000 |
Delhi to Australia (one-way) |
INR 20,000 - 50,000 |
Cost of MBA In Australia: Post-Arrival Expenses
Living expenses significantly impact the post-arrival cost of studying an MBA in Australia. These costs vary depending on your lifestyle and spending habits.
As an international student, you can expect to spend up to AUD 20,000 per year (INR 11,20,000) on living expenses.
The table below breaks down your estimated monthly costs:
Factors |
Average MBA Cost in Australia (in AUD/month) |
Average MBA Cost in Australia (in INR/month) |
---|---|---|
Accommodation |
AUD 297 - 743 |
INR 16,500 - 41,000 |
Food & Groceries |
AUD 208 - 416 |
INR 11,500 - 23,000 |
Transportation |
AUD 44 -89 |
INR 2,500 - 5,000 |
Household Bills |
AUD 14 - 29 |
INR 750 - 1,600 |
Shopping |
AUD 118 - 223 |
INR 6,500 - 12,300 |
Miscellaneous |
AUD 22 - 29 |
INR 1,200 - 1,600 |
Other Essential Costs
With the above in mind, along with MBA fees in Australia, there are also other essential costs you need to consider.
Below are some of the key expenses you will incur while pursuing an MBA in Australia.
1. Visa Fees
Before you arrive in Australia to study MBA at your dream university, you require a student visa. The Australian student visa fee is AUD 630 (INR 34,828), also referred to as subclass 500. Students with this visa can stay in Australia for more than 90 days.
2. Application Fees
Universities charge application fees to cover the cost of processing admissions. While most MBA universities in Australia have now eliminated this fee, a few still require it. The application fee at MBA colleges in Australia is typically around AUD 133 (INR 6,900).
3. Overseas Student Health Cover
International students should have overseas student health coverage to access healthcare in Australia. The cost of health insurance in Australia ranges from AUD 609 - 3,438 (INR 33,000 - 190,000).
4. Proof Of Funds
To pursue an MBA in Australia, you should also provide proof of funds. The fund amount should be a minimum of AUD 20,290 (INR 11,21,000) annually.
Scholarships & Financial Aid to Reduce the MBA Fees in Australia
Securing a fully-funded MBA scholarship in Australia can be challenging, but it's not impossible. Several prestigious universities and external organizations offer merit-based and need-based scholarships that can significantly reduce your financial burden of paying MBA fees in Australia.
Let us look at some scholarships to help you tackle the Australian MBA fees
University |
Scholarship |
Eligibility |
Award Value |
---|---|---|---|
Melbourne Business School |
Kraft Heinz Scholarship |
Full-time and part-time MBA applicants |
5 awards, 12,000 AUD each |
Melbourne Business School |
MBS Scholarships |
Students pursuing Full-time MBA, Executive MBA, Senior Executive MBA |
Variable |
Melbourne Business School |
Diversity Excellence Scholarships |
Full-time MBA students |
50,000 AUD |
Adelaide Business School |
Adelaide MBA Scholarships |
Formal application for entry into the full-time Adelaide MBA program |
Tuition fees |
University of Sydney |
UOW Postgraduate Academic Excellence Scholarship |
International students with at least 75% overall score |
30% tuition fee |
University of Sydney |
UN Women NC MBA Scholarships in Australia |
Students eligible for admission to the part-time MBA |
60,000+ AUD |
How to Apply for MBA in Australia?
Applying for an MBA in Australia is straightforward if you know the steps. Here's a simple step-by-step process to apply for an MBA in Australia:
- Choose Your Program and University: Research MBA programs and pick the one that suits your goals. Compare MBA fees in Australia, specialisations, and career outcomes before deciding.
- Check Eligibility Requirements: Each university has its own criteria. Most require a bachelor’s degree, work experience (2–3 years), and a GMAT score. Also, ensure you meet the English language requirements (e.g., IELTS or TOEFL scores).
- Prepare Essential Documents: Gather the essentials like Academic transcripts, updated CV, Statement of Purpose (SOP), Letters of Recommendation (LORs), Test scores (GMAT, IELTS, etc.)
- Submit Your Application Online: Visit the university’s website and complete your application form. Double-check for accuracy before hitting submit!
- Pay the Application Fee: Most universities charge an application fee, usually between AUD 100 and 200 (₹5,600–₹11,200).
- Attend Interviews (if required): Some universities may call you for an interview to assess your fit for the program. Be prepared to highlight your skills and goals.
- Receive Your Offer Letter: If selected, you’ll receive an offer letter. Accept it by following the instructions and paying the required deposit.
- Apply for a Student Visa: Once your admission is confirmed, apply for the Subclass 500 visa. Ensure you have proof of funds and health insurance.
- Plan Your Travel and Accommodation: Book your flights and arrange accommodation. You’re all set for an exciting MBA journey in Australia!
From the Desk of Yocket
An MBA is one of the popular business programs that students around the globe pursue. Students are always on the lookout to pursue this program at the top university. Thus, Australia has become a prominent choice due to its quality MBA education. Now that you have the cost of studying for an MBA in Australia, it’s time to make a confident academic decision.
Find the MBA university that best fits your academic and professional goals. Join Yocket Premium and speak with our study abroad experts today. With over 15 years of experience, they’ll help you achieve your dream of pursuing an MBA in Australia.