Master in Management Australia 2025: Top Universities, Fees, Requirements
The Master in Management in Australia is one of the popular programs that offers a solid foundation for business education and offers a global perspective for the students. New graduates or early career professionals who are thinking of stepping into the business field can pursue the master's in management course. The MIM in Australia is a 1 to 2 years full-time course offered on-campus and online for international students. Indian students with any bachelor's or UG degree equivalent can apply for this MIM course in Australia. Additionally, you may be required to take the GMAT exam to meet the course requirements of Australian universities. On average, it costs around AUD 22,000 to AUD 60,000 (₹11,98,649– ₹32,68,942) per year to study a master in management in Australia. International students can work after studying in Australia for up to 2 to 4 years in the country with the help of a post-study work visa. Read the article to know complete details of the MIM course in Australia regarding its eligibility, best universities, tuition fees, job prospects, etc. and more.
This Story also Contains
- Master in Management Australia - Highlights
- Master in Management Australia Course Overview
- Eligibility for Master in Management Australia
- Admission Requirements for Master in Management Australia
- Top Universities for Master in Management Australia
- Cost of Masters in Master in Management Australia
- Job Prospects for Master in Management Australia
- Scholarships For Master in Management Australia
Master in Management Australia - Highlights
Particulars | Details |
Course name | Master in Management |
Shortly referred to as | MIM |
Program type | Full-time / Part-time / Online |
Duration | 1 to 2 years (full-time) |
Course fees | Rs 14 to 28 lakhs per year |
Exams required | IELTS/TOEFL, GMAT |
Average Annual Salary | Rs 33 to 50 lakhs |
Scholarships | Available |
Master in Management Australia Course Overview
The MIM program in Australia is mostly suitable for recent graduates and does not require any work experience. Students from any bachelor's field of study can apply for the MIM in Australia. The course consists of concepts like business ethics, leadership and performance, business data analytics, management competencies, finance fundamentals, project management, etc.
The Australian universities offering the MIM provide the opportunity to avail experience-based learning through study trips, and business mentorships and the study plan includes internships, workshops, semester, etc. Multiple specialisation options are there in the management course, you can select any based on your career interests.
Finance
Marketing
Business
Accounting
Eligibility for Master in Management Australia
International students who are interested in pursuing the MIM course in Australia need to meet the eligibility requirements set by the universities. Here are the general masters in management in Australia eligibility requirements listed below.
Undergraduate course: Completed and UG degree or its equivalent in any discipline from a recognised university. Candidate must secure a minimum aggregate of 50%. Some Australian universities require students who complete a bachelor's in business or at least have a bachelor with majors in business, commerce, marketing or management.
English language proficiency: Candidates must have appeared for any English language tests like IELTS or TOEFL. To enrol into the top universities in Australia, you require a minimum IELTS score of 6.5 to 7.0 bands or TOEFL score of 94+, PTE score of 68+, etc.
Admission Requirements for Master in Management Australia
While applying for the master in management in Australia, there are a set of documents that you need to arrange for admission purposes. Here is the checklist for the master's in management in Australia requirements.
Resume/CV
Previous academic transcripts
Letter of Recommendation (LOR)
Statement of Motivation/Statement of Purpose (SOP)
GMAT exam scores of a minimum of 600 or above ( if required)
Proof of English Language Proficiency: Submit the score reports of IELTS or TOEFL, PTE tests.
Proof of work experience like offer letters and experience letters. (if any)
Top Universities for Master in Management Australia
Here are the top universities in Australia that offer the best MIM programs with global rankings.
List of Top Universities for MIM in Australia 2025
University | QS Business Master's Rankings in Management 2025 |
27 | |
=65 | |
=78 | |
101-110 | |
La Trobe University Business School | 131-140 |
- | |
- | |
- | |
- |
Cost of Masters in Master in Management Australia
On average the MIM in Australia fees range from AUD 25,000 to 56,000 per year. As the course duration ranges from 1 to 2 years you may require a total of 20,000 to 100,000 for your overall MIM study in Australia. This fee will be varied depending on the university you select. If you consider the cheapest colleges in Australia you can complete your MIM course for AUD 25,000 to 50,000. Here are the tuition fees of the top MIM universities in Australia given in the table below.
Fees of Top MIM Colleges in Australia 2025
University | MIM Tuition Fee per year |
University of Sydney Business School | AUD 51,500 |
Macquarie Business School, Macquarie University | AUD 43,200 |
University of Technology Sydney Business School | AUD 49,990 |
La Trobe University Business School | AUD 40,400 |
University of Melbourne | AUD 56,992 |
Australian National University | AUD 48,035 |
University of South Australia | AUD 39,600 |
University of Newcastle | AUD 28,900 |
Job Prospects for Master in Management Australia
Upon the course completion, the graduates of MIM salary in Australia ranges from AUD 60,000 to 90,000 per year. Based on the job role you pursue the salary will be different. MIM graduates can work in the sectors like finance, banking, consulting, technology, etc. Here are the possible career prospects you can choose to pursue after the MIM course in Australia.
- Business Manager
- Business Development Manager
- Risk Manager
- Management Consulting
- Project Manager
Scholarships For Master in Management Australia
Here are some of the available scholarships to support your budget for the MIM program in Australia for Indian students. You can choose a suitable scholarship based on your eligibility and preferences.
- Australia Awards scholarships
- Sydney International Student Award
- Sydney Scholars India Equity Scholarship
- Sydney Scholars India Scholarship Program
- Business School International Scholarship
- Vice-Chancellor’s Excellence Scholarships (VCES) - Postgraduate by Newcastle University
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Frequently Asked Questions (FAQs)
Q: What is the IELTS requirement to study MIM in Australia?
A:
Most of the top-ranking universities that offer the best MIM courses require a minimum IELTS requirement of 6.5 bands overall and 6.0 bands for each section. In general, a minimum IELTS score of 6.0 is required to study MIM in Australia.
Q: What do you need for MIM in Australia?
A:
Indian students with bachelor's degrees with a minimum of 50 to 80% aggregate can apply for the MIM program in Australia. Few universities require a candidate from a business education background, so having business degrees or majors in business, commerce, economics, and finance is preferred.
Q: Is GMAT required for MIM in Australia?
A:
Very few universities in Australia only require the GMAT scores for the MIM program. Youcan also choose the universities without GMAT in Australia to study the MIM program.
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Hello Aspirant,
SP Jain’s BBA has a reputation for global exposure because students rotate between campuses located in Dubai, Singapore, and Sydney. The campuses are high-quality, and the peer group is diverse -- bringing together students from numerous countries which helps develop a vibrant and competitive crowd. The study abroad experience is generally smooth - Dubai has a cosmopolitan and safe feel, Singapore is similarly safe and very organized, with strict rule and expectations but good for students, while Australia has a more relaxed but multicultural feel. Overall, the program provides a good balance of educational, international exposure, and cultural learning.
Hello ,
As per current trend , The processing time is of 30-56 days that is 1 to 8 weeks , it is faster if your university is under 80% international cap , priority 1 , slower if over 80%
TIPS TO HELP FOR QUICKER PROCESSING
1. Submit a complete and accurate application
2.Apply online via ImmiAccount
3.Lodge your application well in advance
4.Monitor your ImmiAccount regularly
hope this helps
Lodge your application well in advance
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.
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