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Affordable MBA Colleges in Australia for international students 2024
Edited By Porishmita Paul | Updated on Jun 05, 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, low fees MBA colleges in Australia offer top-notch education for international students with affordable tuition fees. Therefore, students are recommended to search for the cheapest MBA colleges in Australia to enhance their career opportunities.
Latest: Australia Country Guide
Recommended: Top Universities in Australia
This Story also Contains
- Affordable MBA Colleges in Australia 2024
- Why Pursue MBA in Australia?
- MBA in Australia: Eligibility Criteria for Indian Students
- Job Opportunities for MBA Students in Australia
How much does it cost to study MBA in Australia? The average MBA cost in the cheap MBA university in Australia is AUD 20,000 - AUD 53,000 per year for international students. Additionally, the average cost of living in Australia ranges around AUD 2500 per month. Meanwhile, Indian students can apply for various scholarships and grants to sustain their course requirements in Australia.
As per the latest statistics, many affordable MBA colleges in Australia are listed among the top international institutions by the QS Global MBA Rankings 2024. 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 availability of the low fees MBA colleges in Australia, as well as low living expenditures, were key considerations in international students' decision to apply to Australia. Read the complete article to learn more about affordable MBA colleges in Australia 2024.
Affordable MBA Colleges in Australia 2024
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 of the study abroad countries like the USA and UK for Indian students.
Cheap MBA Colleges in Australia 2024
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. For the current academic year, the application deadline for experience-based entry is July 1, 2024, and for direct applications, it is July 8, 2024.
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 1072 in Best Global Universities by US News and World Report in 2024. 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 2024.
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 2024.
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.
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 2024 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
Bachelor's degree certificate or equivalent qualification.
GMAT/GRE scores
English language proficiency test scores
Resume/Curriculum Vitae (CV)
Visa documentation: A valid passport, financial statements, and health insurance coverage.
A complete application form
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 wide a 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:
Finance and Banking
Technology
Healthcare
Mining and Resources
Retail and Consumer Goods
Real Estate and Property
Hospitality and Tourism
Entrepreneurship
Frequently Asked Questions (FAQs)
1. What is the cheapest MBA fee in Australia?
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.
2. Which MBA college is best with low fees?
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.
3. How much money is required to study MBA in Australia?
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.
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Feb 01, 2025
Feb 01, 2025
Questions related to
Get answers from students and experts
To get Permanent Residency (PR) in Australia, it's not required to pursue a master's degree on a student visa. You can apply for PR through different visa pathways like the Skilled Independent visa or Skilled Nominated visa, which are based on points. These visas assess factors like your age, education, work experience, and English proficiency.
However, studying in Australia can still help your PR chances. After completing a master's degree, you may be eligible for the Temporary Graduate visa, allowing you to work in Australia temporarily. This work experience can boost your points for a PR application.
It's important to know that recent changes in Australian immigration policies have led to an increase in student visa fees and stricter rules. From July 2024, the student visa fee was raised to A$1,600, and stricter measures are in place to prevent students from switching visas frequently.
In short, while studying in Australia can improve your PR prospects, it’s not the only way to apply for PR. You can still apply for PR through the points-based visa system without studying there. However, recent policy changes have increased fees and added regulations, so it’s a good idea to stay updated and consult with a migration expert to choose the best option for you.
Poral Siddartha (siddu) 19 January,2025
Hello,
Here’s a brief overview of your questions regarding higher studies in physiotherapy in Australia:
-
Difference between Doctorate (DPT) and Masters :
- Doctorate in Physiotherapy (DPT) : Typically a clinical doctorate, focused on advanced clinical practice, research, and patient care. It’s a professional degree for those seeking higher clinical expertise and leadership roles.
- Masters in Physiotherapy : More research-oriented and can be specialized in areas like sports, musculoskeletal therapy, or neurophysiotherapy. It’s ideal for expanding knowledge in specific fields.
-
DPT without a Master's : Yes, you can pursue a DPT directly after a BPT (Bachelor of Physiotherapy). Some universities offer direct entry into the DPT program without requiring a Master's degree.
-
Residency in Australia : Physiotherapists in Australia can apply for residency through the Skilled Migration Program if they meet the qualifications and requirements, including obtaining registration with the Australian Health Practitioner Regulation Agency (AHPRA) .
-
Requirements for University Admission :
- Academic qualifications : A BPT degree with good academic standing.
- English proficiency : IELTS or TOEFL scores.
- Work experience : Some programs may require clinical experience.
- AHPRA Registration : For practice in Australia, you must register with AHPRA to work as a physiotherapist.
These are general points; individual university requirements may vary.
To get list of top colleges in Australia, visit : https://studyabroad.careers360.com/australia/universities-in-australia-unvlst
Hope it helps !
Prachi Kumari 18 November,2024
Australia is home to several prestigious universities offering Aerospace Engineering programs. These programs are designed to equip students with advanced knowledge and skills in designing, developing, and maintaining aircraft, spacecraft, and related systems. Some of the top universities for Aerospace Engineering in Australia include:
1. **University of Sydney**: Known for its comprehensive aerospace program, the University of Sydney offers a Bachelor's and Master's in Aerospace Engineering. It provides hands-on learning through state-of-the-art facilities and industry partnerships.
2. **Monash University**: Monash is renowned for its research in engineering and offers a well-rounded Aerospace Engineering program that includes both theoretical and practical components.
3. **University of New South Wales (UNSW)**: UNSW is one of the leading engineering schools in Australia and offers a top-tier Aerospace Engineering program, emphasizing innovation and cutting-edge technology.
4. **RMIT University**: RMIT in Melbourne offers a Bachelor of Engineering (Aerospace Engineering) (Honours), focusing on the practical aspects of aeronautical and space systems.
These programs usually require students to have strong backgrounds in physics and mathematics. Admission typically involves meeting specific academic criteria and, in some cases, interviews or entrance exams. Graduates have excellent job prospects in both the aviation and space sectors, within Australia and globally.
monag2673 15 October,2024
Hi there,
Hope you are doing fine.
Yes it is possible to pursue a Masters in Education (M.Ed) in Australia with a bachelor’s degree in engineering (B.E). Australian universities have flexible entry requirements and value diverse academic backgrounds. However you will need to meet specific admission criteria set by the universities you are interested in.
To enhance your application you can highlight any relevant experience you have in teaching, training or educational projects. Some universities might also require you to submit a statement of purpose explaining your interest in transitioning to education and how your background in engineering could contribute to your study and future career in education.
You should review the specific requirements for each university and program by reaching out to the admissions offices of the universities you are interested in to confirm their acceptance criteria and discuss your unique background.
Hope this resolves your query.
Abhishek 27 August,2024
A B.Ed. from IGNOU may be recognized but requires additional assessments in the UK, Australia, and New Zealand.
- UK : Assessment by UK ENIC and possibly additional qualifications like a PGCE.
- Australia : Evaluation by AITSL and meeting state-specific criteria.
- New Zealand : Assessment by the Teaching Council of Aotearoa New Zealand, including possible English proficiency and practical teaching requirements.
Further qualifications or training might be necessary in each country.
monag2673 18 July,2024
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