MBA in Australia with Highest ROI for International Students

MBA in Australia with Highest ROI for International Students

Edited By Porishmita Paul | Updated on Aug 08, 2024 03:57 PM IST

Australia is a global hub for popular MBA programmes. Pursuing an MBA in Australia has emerged as a highly attractive option for international students, particularly for those seeking a best return on investment (ROI). An MBA in Australia offers advanced educational opportunities and diverse job markets for international students. Australia offers exceptional Returns on Investment (ROI) for international students in top MBA programmes. Some popular MBA in Australia with highest ROI include MBA in Finance, MBA in Electrical Engineering, MBA in Data Science, Masters in Mechanical Engineering, and others. Some popular universities in Australia with the highest rate of ROI are Monash Business School, UQ Business School, ANU Business School, UWA Business School, etc.

This Story also Contains
  1. MBA Programmes in Australia with Best ROI
  2. How to Calculate ROI for Top MBA Programmes Australia?
  3. Factors Affecting MBA ROI in Australia
  4. ROI Beyond Finances in Australia
  5. Top 10 MBA universities with best ROI in Australia
MBA in Australia with Highest ROI for International Students
MBA in Australia with Highest ROI for International Students

A few of the major ROI determining factors to calculate MBA in Australia programmes with highest ROI are tuition fees, employment opportunities, personal skills, living expenses in the city, and others. Additionally, some non-conventional factors such as personal skill development, company growth, and economic constraints of the country may affect the overall ROI rates internationally. Read the complete article to understand what is ROI, how it is calculated, top MBA programmes in Australia with highest ROI, and more.

MBA Programmes in Australia with Best ROI

Australia is home to several top-ranked MBA programmes that offer an excellent return on investment (ROI) for international students. Here are some of the MBA programmes in Australia with the highest ROI:

  • Finance

  • Engineering

  • Data Science and AI

  • Healthcare Management

  • Environmental Science

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How to Calculate ROI for Top MBA Programmes Australia?

The basic formula for calculating ROI is:

ROI = (Net Profit / Cost of Investment) * 100

For example:

  1. Total Earnings = USD 540,000 (for a period of 5 years)

  2. Total Costs = USD 220,000

  3. ROI = (USD 540,000 - USD 220,000) / USD 220,000 * 100% = 145.45%

There are several online calculators to find out the ROI of a master's degree. Here are our top picks:

  • Money Under 30's Grad School ROI Calculator

  • Quartz at Work's Grad School Calculator

  • Prodigy Finance's Masters ROI Calculator

Steps to Calculate ROI for top MBA programmes in Australia

  • Step 1: Calculate the total cost of studying MBA in Australia: The total cost is calculated by considering the expenses of university tuition fees, living expenses in the country, and opportunity costs.

  • Step 2: Estimate earnings after graduation: The approximate earnings are the sum of the students' average starting salary and their annual growth.

  • Step 3: Calculate cumulative earnings over time: It is the average earring of the students over a period of time.

  • Step 4: Determine the break-even point: It is the point where the cumulative earnings of the students surpass the overall cost of studying MBA in Australia.

  • Step 5: Calculate ROI using the standard formula.

Also Read: How to apply for MBA in Australia?

Factors Affecting MBA ROI in Australia

As an international student, you might encounter a wide variety of factors that can affect your financial ROI for MBA in Australia. Here are a variety of factors that can influence your overall ROI MBA in Australia:

  • Some popular MBA universities in Australia offer comparatively higher rates of ROI than other universities. Also, top affordable MBA universities in Australia offer education at a low cost. Hence, students can save money on their tuition fees and other course expenses which in turn affect the overall ROI MBA in Australia.

  • MBA courses in Business Analytics, Business, and Finance provide the highest ROI rates as well as global exposure for potential students.

  • Some MBA jobs in Australia pay a very decent starting salary and offer significant annual growth. For example, in recent years, jobs in business, finance, and MIM have been among the highest-paid in the world. As a result, students obtaining a Master's degree in these fields in Australia can find employment in worldwide markets with competitive pay. In such cases, overseas students will benefit significantly more from their investment.

  • Students who graduate from top colleges in Australia have more career options and earn higher pay. Many top MBA programs in Australia provide on-campus job placements and internship opportunities to help you advance your career.

  • The cost of living in Australia for international students differs significantly from one city to another. For instance, Melbourne is comparatively more expensive for international students in comparison to Brisbane.

Also Read: MS Programmes in USA with Highest ROI

ROI Beyond Finances in Australia

International students who are interested in calculating ROI for top MBA programmes in Australia must consider the non-financial factors beyond financial metrics. A few insignificant factors that play a significant role in the overall ROI of MBA in Australia include salary increments, job placements, personal growth, accessibility, social impact, and others. While analysing the cost vs benefit graph, students need to consider the non-conventional way of thinking about MBA and ROI to get the true value of education in the country. Some significant Non-Conventional factors affecting the rate of ROI MBA in Australia are as follows:

  • Academic Reputation and Quality of Education

  • Skill Development

  • Networking Opportunities

  • Personal Growth

  • Societal Impact

  • Career Advancement and Flexibility

Top 10 MBA universities with best ROI in Australia

Many universities in Australia provide a good return on investment for international students. Here, is a list of some of the best ROI MBA colleges in Australia along with their QS World University Ranking 2025.

Best ROI MBA Colleges Australia

Also Read: MBA in Australia for Indian Students

Frequently Asked Questions (FAQs)

1. Which MBA has highest demand in Australia?

Some popular MBA that have the highest demand in Australia are Finance, Engineering, Data Science and AI, Healthcare Management, Environmental Science, etc. Universities in Australia that offer programmes with highest demand are Monash Business School, UQ Business School, ANU Business School, UWA Business School, etc.  

2. What is the most demanded MBA specialisation in Australia?

In India, the most demanded MBA specialisation is Finance. MBA in Finance Australia is in high demand due to its critical role in business strategy and economic management. Other than Finance, specialisations like Engineering, Data Science and AI, Healthcare Management, Environmental Science, etc are among the most demanded courses in Australia.

3. Is MBA in PR list in Australia?

Yes, an MBA can qualify for Australia's Permanent Residency list. An MBA falls into the "Management" category, which might be advantageous in the PR process for international students. Therefore, students pursuing an MBA in Australia can apply for a PR in the country after graduation.

4. Can I settle in Australia after an MBA?

Yes, you can settle in Australia after an MBA. Students who wish to live in Australia permanently can apply for a PR in Australia after completing their MBS degree. However, students need to qualify for the mandatory criteria like age, experience, educational qualification, and others.

5. Is it easy to get job after MBA in Australia?

Yes, with adequate knowledge and skills in the study area, students can easily get a job after MBS in Australia. Some popular job opportunities after an MBA in Australia are Government or Banking sectors, Faculty in Universities, Multinational Companies, Consulting Firms, etc. 

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Questions related to

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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.

Hello,

No, NIOS Chemistry cannot be used to meet DASA eligibility for IIITH if you are studying the NSW HSC in Australia.

As per DASA guidelines, all three required subjects (Maths, Physics, and one among Chemistry/Bio/Biotech/CS) must be part of the same qualifying exam, which should be completed in a school located outside India. NIOS is considered an Indian board, so it does not meet the “outside India” condition.

So, if Chemistry is not part of your NSW HSC, then using NIOS Chemistry will not make you eligible under DASA for IIITH.

Hope it helps !

To practice medicine in India without completing NEET UG, you'll need to leverage your medical degree from Belarus and upcoming postgraduate degree from the UK. Since the UK is one of the countries exempt from the Foreign Medical Graduates Examination (FMGE), you might be eligible to practice in India without taking the exam.


Key Requirements:


- Registration in the UK: You'll need to register with the General Medical Council (GMC) in the UK, which involves verifying your medical degree and completing any necessary exams, such as the PLAB test.

- Specialist Registration: After completing your postgraduate degree in the UK, you'll need to register as a specialist doctor with the GMC. This registration might exempt you from the FMGE requirement in India.¹ ²

- Indian Registration: With your UK specialist registration, you can apply for registration with the National Medical Commission (NMC) in India. This might allow you to practice medicine in India without taking the FMGE exam.³


Steps to Consider:


1. Verify your medical degree: Get your medical degree from Belarus verified by the GMC in the UK.

2. Complete your postgraduate degree: Finish your postgraduate degree in the UK and register as a specialist doctor with the GMC.

3. Apply for Indian registration: Submit your application for registration with the NMC in India, providing your UK specialist registration and other required documents.

4. Check with Indian authorities Confirm with the NMC and other relevant authorities in India that you're eligible to practice medicine without taking the FMGE exam.


It's essential to consult with the GMC, NMC, and other relevant authorities to ensure you meet all the requirements. Additionally, consider seeking guidance from a medical professional or a consultant familiar with the registration process for international medical graduates.

Hi rachna

Pursuing medical studies or MBBS in the USA or Australia can be a bit complex, but I'll break down the steps for you:


USA:

1. *Undergraduate degree*: Complete a bachelor's degree in a science-related field (e.g., biology, chemistry, or physics) from an accredited US institution.

2. *MCAT*: Take the Medical College Admission Test (MCAT) to demonstrate your knowledge and skills in areas like biology, chemistry, physics, and critical thinking.

3. *Medical school*: Apply to medical schools in the US that are accredited by the Liaison Committee on Medical Education (LCME). Some popular medical schools include Harvard, Stanford, and Johns Hopkins.

4. *Clinical rotations*: Complete clinical rotations in various specialties during your final two years of medical school.

5. *Residency*: Apply for a residency program in your chosen specialty after graduating from medical school.

6. *Licensure*: Obtain a medical license by passing the United States Medical Licensing Examination (USMLE) series.


Australia:

1. *Undergraduate degree*: Complete a bachelor's degree in a science-related field (e.g., medicine, health sciences, or biomedical sciences) from an Australian institution.

2. *GAMSAT*: Take the Graduate Australian Medical Schools Admissions Test (GAMSAT) to demonstrate your knowledge and skills in areas like biology, chemistry, physics, and critical thinking.

3. *Medical school*: Apply to medical schools in Australia that are accredited by the Australian Medical Council (AMC). Some popular medical schools include the University of Melbourne, the University of Sydney, and Monash University.

4. *Clinical placements*: Complete clinical placements in various specialties during your final two years of medical school.

5. *Internship*: Complete a one-year internship after graduating from medical school.

6. *Residency*: Apply for a residency program in your chosen specialty after completing your internship.

7. *Registration*: Register with the Australian Health Practitioner Regulation Agency (AHPRA) to practice as a medical practitioner.


Additional Requirements:

1. *English language proficiency*: Demonstrate English language proficiency by taking exams like TOEFL or IELTS.

2. *Visa requirements*: Obtain a student visa for the US or Australia, depending on your country of origin.

3. *Financial support*: Demonstrate sufficient financial support to cover tuition fees, living expenses, and other costs.


Challenges:

1. *Competition*: Admission to medical schools in the US and Australia is highly competitive.

2. *High tuition fees*: Tuition fees for medical schools in the US and Australia can be very high.

3. *Different accreditation systems*: Medical schools in the US and Australia have different accreditation systems, which can affect the recognition of your degree in other countries.


I hope this helps! If you have more specific questions or concerns, feel free to ask.

Thanks

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.

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