Business programmes in Australia are known for their high quality and global acceptance. After all, who doesn't adore Australia's breathtaking beauty and kind people? Reputable B-schools in Australia such as Monash, Macquarie, Deakin and LaTrobe University accept candidates into MBA programmes without GMAT.
The average salary of an MBA in Australia is more than 95,000 AUD annually. The country offers international students with some of the best paid jobs in the world post their MBA. Want to know more? Keep reading as this blog will tell you all about the job prospects in Australia after MBA, MBA salary in Australia, and a lot more!
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Job Roles Offered after MBA in Australia
One of the reasons for Australia gaining a lot of popularity is an easy 1.5-year work permit to stay in the country. B-schools in Australia are known not just for the high level of education, but also for jobs after MBA in Australia for international students. Let us check out some of the most famous post MBA jobs in Australia below:
- Marketing Manager: You can work as a marketing manager in a company that sells products or services if you have an MBA in marketing. Your primary responsibility would be to supervise the marketing department and market the company’s products and services in order to boost sales.
- Sales Manager: Since sales is the most significant component of a company, the position of sales manager is crucial. They are in charge of the sales departments and must guarantee that all salespeople accomplish sales goals in order to increase direct sales.
- HR Manager: Human resource departments are essential for the effective operation of mid-sized and large businesses. They are the ones who guarantee that the correct individuals are hired and that the company’s current employees are satisfied.
- Finance Advisor: You’ll need an MBA in finance and a few years of experience working in the finance business to pursue this career. In exchange for a fee, you will provide financial and capital management advice to businesses and people as a finance advisor.
- Business Analyst: A business analyst uses data analytics to provide insight into a company’s past, present and future. Important business choices are based on this analytics. One of the most significant jobs in the future will be that of a business analyst.
- Investment Banker: Investment bankers assist companies in raising substantial sums of money. They are financial professionals who assist firms in raising funds and expanding their operations through a variety of methods. In the MBA world, investment bankers are among the highest-paid professionals.
- Business development Manager: A business development manager uses a variety of ways to build and grow a company. They’re meant to aid in marketing, sales and even the formation of profitable partnerships. Business development managers are essential for taking a company to the next level.
- Project manager: The person in charge of a project is known as project manager. They must supervise all of the project’s participants. They must plan, implement and monitor the project to assure its success.
- Business Consultant: Business Consultants are professionals that companies hire to help them with their operations. They offer business advisory services on a wide range of topics. After earning an MBA and gaining sufficient business experience, one might apply for this position.
- Chief Technology Officer: Regardless of the form of the business, technology is now a vital element of it. A CTO is the person in charge of the company’s technical components, and implementation of new technology.
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Top Recruiters for MBA in Australia
Jobs after MBA in Australia can be easy to get hold of, provided you possess the required qualifications, expertise along with a solid personality. Given below is the table for popular job prospects after MBA in Australia, along with their average salaries:
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Top Recruiters |
Average Annual Salary (in AUD) |
|
Commonwealth Bank of Australia |
84,000 |
|
ANZ Banking Corporation |
45,000 |
|
Woolworths |
123,000 |
|
Telstra corporation Ltd |
126,000 |
|
Westpac Banking Corp |
135,000 |
|
Allianz Global investors |
132,000 |
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How can International Students Seek Jobs In Australia After MBA?
After completing your MBA, you will be granted a two year post study visa. So, if you speak English well and have experience in your field, you may be able to get work. It will be difficult to obtain a work visa in any country if you are pursuing an MBA without any prior work experience.
- To easily get hold of job opportunities in Australia after MBA, you can enquire about placement assistance at the university where you plan to study. Majority of university websites give information about possible careers after completing courses. You can also inquire directly about the university’s experience and rules.
- Getting post MBA jobs in Australia becomes even easier, if your program includes the provision for internships. Universities also have specific career centres to assist students in making connections with future companies.
- Popular job portals in Australia, such as Seek, CareerOne, Adzuna, and others, will also allow you to get jobs after MBA in Australia. Here, you will also find details about the average salary of MBA graduate in Australia.
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Work Permit after MBA in Australia
In Australia, the policies to stay back after graduation are favourable. You'll be permitted to stay in Australia and continue working if you meet the necessary requirements. Following your MBA graduation, you can apply for a Temporary Graduate Subclass 485 visa, which allows you to stay in Australia for up to 18 months. Students must have studied in Australia for at least 16 months in order to be eligible for a post-graduate work permit.
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ROI after MBA in Australia
From jobs to better lifestyle, Australia offers ample jobs after MBA in Australia for international students. The cost of living in Australia including your tuition fees, and other expenses will get recovered after a few years of working. ROI after pursuing an MBA in Australia, is therefore quite high!
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Australia is certainly a great country to study MBA and work. MBA salary in Australia ranges from 40,000 AUD to 90,000 AUD, depending on your MBA specialisation, and the job profile you choose. With good job prospects after MBA in Australia, aspirants can definitely go for an MBA in Australia. Moreover, the average salary of MBA in Australia has been observed to be around 98,400 AUD per annum.