Affordable MBA Colleges in Australia for international students 2024
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Affordable MBA Colleges in Australia for international students 2024

Ipshita ghoshUpdated on 05 Jun 2024, 12:53 PM IST

Australia is a popular destination for international aspirants due to its quality of education, global reputation, innovative business exposure, and global networking. The country is generally considered expensive for international students. However, there are affordable MBA colleges in Australia that offer high-quality education for international students. A few popular universities offering affordable MBA programmes in Australia include Kaplan Business School, Holmes Institute, Charles Darwin University, Edith Cowan University, Central Queensland University, and Victoria University. The average MBA cost at the affordable MBA colleges in Australia is AUD 20,000 - AUD 53,000 per year for international students. Additionally, the average cost of living in Australia ranges from AUD 440 - 1,700 per month. Meanwhile, Indian students can apply for various scholarships and grants to sustain their course requirements in Australia. Read the complete article to learn more about affordable MBA colleges in Australia 2025.

This Story also Contains

  1. Affordable MBA Colleges in Australia 2025
  2. Why Pursue MBA in Australia?
  3. MBA in Australia: Eligibility Criteria for Indian Students
  4. Job Opportunities for MBA Students in Australia
Affordable MBA Colleges in Australia for international students 2024
Affordable MBA Colleges in Australia

Affordable MBA Colleges in Australia 2025

Australia is considered an expensive country for international students to study MBA. However, the availability of various low fees MBA colleges in Australia made it possible for international students to study MBA Australia from globally recognised universities. Meanwhile, study in Australia is relatively cheaper than in most study abroad countries like the USA and UK for Indian students.

Cheap MBA Colleges in Australia 2025

Name of College/ University

Course Fee in AUD

Tuition Fee in INR

Kaplan Business School

AUD 53,400

Rs. 2955153.13

Holmes Institute

AUD 30,000

Rs. 1660198.39

Charles Darwin University

AUD 20,560

Rs. 1137789.30

Edith Cowan University

AUD 33,150

Rs. 1834519.22

Central Queensland University

AUD 35040

Rs. 1939111.72

Victoria University

AUD 20,940

Rs. 1158818.48

Federation University

AUD 30,660

Rs. 1696722.75

University of Southern Queensland

AUD 47,040


Rs. 2603191.07

University of Sunshine Coast

AUD 27,800

Rs. 1538450.51

James Cook University

AUD 34,960

Rs. 1934684.52

Kaplan Business School

Kaplan Business School is a higher education institution focused on business and related fields, located in Australia. The university has multiple campuses across the country. It is a well-known MBA university in Australia and has been accredited by TEQSA (Tertiary Education Quality and Standards Agency). The university has been among the top affordable MBA colleges in Australia.

Holmes Institute

The Holmes Institute was established in 1963. The university is a private university that nourishes over 4000 international students from all over the world.

Holmes Institute Overview

Category

Details

Established in

1963

Type of University

Private

Holmes Institute Tuition Fees

AUD 30,000

Course Duration

1.5 years

Charles Darwin University

The Charles Darwin University is a public university in Darwin, Australia. It was established in the year 2003. Charles Darwin University acceptance rate is 59%, making it a welcoming choice for aspiring students. Charles Darwin University has eleven unique campuses and centres located across Australia. Charles Darwin University tuition fees is around AUD 20,560 per year for international students.

Charles Darwin University Overview

Category

Details

Charles Darwin University Acceptance Rate

59%

Location

Darwin, Northern Territory, Australia

Charles Darwin University Tuition Fee

AUD 20,560 per year

Student-Faculty Ratio

13:1

Campus Size

4 campuses

Number of Students

8,353

Edith Cowan University

Edith Cowan University (ECU) is a public university research university in Perth, Australia, which was founded in 1991. The Edith Cowan University acceptance rate is around 60–70%, making it moderately selective. The GPA requirement at Edith Cowan University is 2.7.

Edith Cowan University Overview

Category

Details

Edith Cowan University Acceptance Rate

60–70%

Location

Perth, Western Australia

Edith Cowan University Tuition Fees

AUD 33,150 per year

Student-Faculty Ratio

20:1

Average GPA

2.7

Campus Size

4 campuses

Number of Students

30,000

Central Queensland University

Central Queensland University (CQU) is a public research university in Queensland, Australia, which was founded in 1991. The Central Queensland University acceptance rate is around 67%. The GPA requirement at Central Queensland University is 3.0 to be considered for admission.

Central Queensland University Overview

Category

Details

Central Queensland University Acceptance Rate

67%

Location

Queensland, Australia

Central Queensland University Tuition Fees

AUD 35040 per year

Student-Faculty Ratio

20:1

Average GPA

3.0

Campus Size

Multiple campuses

Number of Students

35,000

Victoria University

Victoria University (VU) is a public research university located in Melbourne, Australia, and it was established in 1887. The GPA requirement is 2.5 on 4.0 scale. Victoria University has over 270,000 alumni and more than 40,000 students are enrolled in its higher education and vocational programmes. Victoria University tuition fees is around AUD 20,940 per year for international students.

Victoria University Overview

Category

Details

Victoria University Acceptance Rate

65%

Victoria University Tuition Fee

AUD 20,940 per year

Student-Faculty Ratio

18:1

Location

Melbourne, Australia

Popular Programs

Business, Education, Sports Science

Campus Size

9 campuses

Number of Students

40,000

Federation University

Federation University was founded in the year 1870. The Federation University acceptance rate is around 48%. Federation University has received many national and international accreditations and recognition from some world-known institutions including the Australian Nursing and Midwifery Accreditation Council, Victorian Institute of Teaching, Australian Psychology Accreditation Council, and others.

Federation University Overview

Category

Details

Federation University Acceptance Rate

48%

Federation University Tuition Fee

AUD 30,660 per year

Student-Faculty Ratio

20:1

Location

Victoria, Australia

Campus Size

5 campuses

Number of Students

19,000

University of Southern Queensland

University of Southern Queensland is a public research institution located in Toowoomba, Australia. The University of Southern Queensland acceptance rate is around 69%. The University of Southern Queensland has had more than 20,000 students with at least 2,000 International candidates from 50 different countries in the past few years.

University of Southern Queensland Overview

Category

Details

University of Southern Queensland Acceptance Rate

69%

University of Southern Queensland Tuition Fees

AUD 24,000 - 30,000 per year

Student-Faculty Ratio

18:1

Location

Queensland, Australia

Campus Size

4 campuses

Number of Students

20,000

University of Sunshine Coast

The University of the Sunshine Coast is a public institution located in Sunshine Coast, Queensland, Australia. The university is ranked 1001-1200 in QS World University Rankings and 1030 in Best Global Universities by US News and World Report in 2025. The University of the Sunshine Coast acceptance rate is approximately 66%.

University of Sunshine Coast Overview

Category

Details

Location

Queensland, Australia

University of Sunshine Coast Acceptance Rate

66%

University of Sunshine Coast Tuition Fees

AUD 27,800 per year

Student-Faculty Ratio

20:1

James Cook University

James Cook University is a public research university established in 1970 in Queensland, Australia. James Cook University acceptance rate is 79% indicating a highly competitive admission rate among international students. The university has a diverse student body, with more than 20,308 students from over 100 countries. The university is ranked in the top 300 universities in the world by the Times Higher Education World University Rankings 2025.

James Cook University Overview

Category

Details

Location

Queensland, Australia

James Cook University Acceptance Rate

79%

James Cook University Tuition Fees

AUD 34,960 per year

Student-Faculty Ratio

15:1

Number of Students

20,000

Why Pursue MBA in Australia?

Australia is a country of natural resources, a vibrant ecosystem, and cultural diversity. Meanwhile, the country is a natural hotspot for business hubs, global networking, and job markets. MBA in Australia is a safe choice for international students who wish to develop a career in the same field. The MBA cost in Australia is cheaper than in many top-world countries like the USA and UK.

Here are some of the major pulling factors in Australia that influence international students to apply for study MBA in Australia.

  • Quality of Education: Australia is well-known for offering high-quality education for international students. Incorporated with world-class faculty, modern facilities, and innovative teaching methods, Australia MBA universities are accredited by prestigious organisations. A total of 5 MBA colleges in Australia are listed among the top 100 MBA institutions in the world as per the QS Global MBA Rankings 2025.

  • Global Recognition: Australia MBA universities are globally recognized for their course curriculum and post-study career opportunities. Indian students who want to enhance their career prospects both internationally and in India can apply for an MBA in Australia.

  • Networking Opportunities: Affordable MBA colleges in Australia are popular for offering excellent networking opportunities for international students. The colleges allow students to connect with industry professionals, alumni, and fellow students which indeed helps students to build a strong professional network in a real-life setting.

  • Internship and Job Opportunities: most of the cheap MBA colleges in Australia offer internship opportunities for international students during their course curriculum. These internships help students to get experience in their respective fields. Additionally, post-study work opportunities in Australia for international students are available within wide ranges.

  • Quality of Life: Australia is well-known for its high quality of life for its students. The vibrant cultural diversity in the country offers a relaxed lifestyle for international students.

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MBA in Australia: Eligibility Criteria for Indian Students

Pursuing an MBA in low fees MBA colleges in Australia is a rewarding option for international students. However, before approaching the application process, students must fulfill a few necessary criteria to demonstrate their candidature. Generally, most cheap MBA university in Australia demand a high GPA, language proficiency, and prior work experience to enroll potential students. However, some universities have a few specific eligibility criteria as per their course requirements.

Here’s a list of the common eligibility criteria for the top cheap MBA colleges in Australia:

  • Bachelor's degree: Students must complete their bachelor’s degree education from a recognised university before applying for the cheapest MBA colleges in Australia.

  • English language proficiency: The language of instruction in Australia MBA universities is English. Therefore, students from a non-native English-speaking country need to appear and score well on an English language proficiency test like the IELTS or TOEFL. A minimum IELTS score of 6.5 is required in most of the affordable MBA programmes in Australia.

  • Work experience: Prior work experience in the relevant field works as a major qualification for top MBA universities in Australia. While this is not mandatory by all universities. However, at least two to three years of work experience in a relevant field can help students to stand out among the other applicants.

  • GMAT and GRE score: Indian students applying for MBA in Australia 2025 must mandatorily qualify for the Graduate Management Admission Test (GMAT) or GRE (Graduate Record Examination). The minimum cutoff score for the exams can vary as per the university requirements.

Know more about: How to apply for MBA in Australia?

MBA in Australia: Documents Required

The documentation required while applying for an MBA in Australia may differ depending on the university and curriculum requirements. Here’s a

Job Opportunities for MBA Students in Australia

Australia is a destination for vibrant ecosystems, robust financial markets, and tourist spots. The multifold nature of the country boasts a wide range of job opportunities for MBA graduates across various industries. The average salary for MBA graduates in Australia typically ranges from AUD 80,000 to AUD 150,000 per year. However, the approximate range can vary depending on factors such as experience, industry, location, and the specific role.

Students who wish to work in Australia after studies can look for the popular job opportunities available after MBA in Australia:

  1. Finance and Banking

  2. Technology

  3. Healthcare

  4. Mining and Resources

  5. Retail and Consumer Goods

  6. Real Estate and Property

  7. Hospitality and Tourism

  8. Entrepreneurship

Frequently Asked Questions (FAQs)

Q: What is the cheapest MBA fee in Australia?
A:

Victoria University has the cheapest MBA fee in Australia for international students. The MBA cost in Victoria is around AUD 22,940 per year for international students. The university charges no additional fees for MBA programmes.

Q: Which MBA college is best with low fees?
A:

It is very challenging to identify the best MBA college with low fees. However, Victoria University in Australia offers the cheapest MBA for international students. The university also offers 100% online MBA programmes for Indian students which is indeed very much cost-effective for international students.

Q: How much money is required to study MBA in Australia?
A:

Approximately AUD 20,940 - AUD 53,000 per year is required to study MBA in Australia for international students. Additionally, students need to manage around AUD 2500 per month to expense their monthly costs.

Questions related to

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Hello,

If you have completed your MD from the Philippines and wish to practice or further study in Australia, you will need to follow the Australian Medical Council (AMC) process. First, verify your degree with ECFMG (Educational Commission for Foreign Medical Graduates) through EPIC verification. Then, choose the AMC pathway — typically the Standard Pathway (for non-specialists) which involves the AMC MCQ Exam and AMC Clinical Exam, or the Competent Authority Pathway if you qualify. If your aim is postgraduate training, you should also explore specialist medical colleges in Australia for recognition of prior training. Additionally, you will need to meet English proficiency requirements through IELTS or OET. Visa requirements will vary depending on whether you apply for work, training, or further studies. It’s a detailed process, so starting early and following official AMC guidelines is key.

Thank you for your question!

Hello!

So if you are interested India currently and wants to work as a doctor in Australia in future then:

1. Complete MBBS in India from a recognized medical college.

2. Pass the Australian Medical Council exams

First exam is MCQ based and second one is Clinical exam which assesses your practical skills.

3. English Proficiency Test for that you have to clear IELTS.

4. Apply for registration with Australian Health Practitioner Regulation Agency.

5. Apply for internship or position according to your qualification.

6. Apply for Visa and move to Australia once selected.


Yes, you can get admission in some Australian universities with 59% in 12th grade.Many university offer diploma or foundation courses first. IELTS or PTE is also needed. Choose the right course and apply early. Each university has different rules and regulations,so check before applying.




Yes, after LLB from India, you may apply for the 491 Subclass Visa if your occupation is on the Skilled Occupation List and you meet other eligibility criteria like skills assessment, points test, and regional nomination.

Hi!

DASA eligibility for IIIT Hyderabad requires completion of Mathematics, Physics, and Chemistry at the senior secondary level outside India. If your NSW HSC curriculum lacks Chemistry, you need to meet that requirement separately.

Now, NIOS is an Indian board. Even though you’re abroad, if you take NIOS Chemistry, it technically counts as an Indian qualification, which might not satisfy the "outside India" clause in DASA rules. In many cases, DASA strictly requires all three subjects to be part of your recognised foreign school-leaving certificate.

Best approach you can confirm directly with DASA/IIITH admissions via email.

Consider taking Chemistry through an Australian-recognised pathway (e.g., Open High School or TAFE NSW) instead of NIOS.

Visit here for more information: https://engineering.careers360.com/articles/iiit-hyderabad-btech-admission

Thank you!