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Scholarships for MBA in Australia for International Students 2024
Edited By Sareena Kaur Sethi | Updated on Jul 27, 2024 06:13 PM IST
Australia is among the top choices for international students when it comes to pursuing their higher education abroad. The country is especially known for offering top MBA degree programmes at some of the top universities in the world. However, with the availability of top courses and specialisations, the tuition fees for international students also surge to a higher degree.
This Story also Contains
- MBA Colleges in Australia for Indian Students
- MBA Scholarships for Indian Students in Australia
- Fully funded Scholarships for MBA in Australia
- MBA Scholarships in Australia Requirements
The cost of studying for an MBA in Australia can be a major concern for international students, with average tuition fees ranging from Rs. 11 lakhs to Rs. 54 lakhs, annually. Therefore, Scholarships for MBA in Australia are a must to manage the extremely expensive tuition fees and cost of living.
To ease the financial burden, there is a number of MBA scholarships in Australia available specifically for Indian students. These MBA Australia scholarships are designed to support talented individuals and can significantly reduce the overall cost of study in Australia.
One also needs to be aware of the various requirements for seeking MBA scholarships for Indian students in Australia. It may include academic documents, acceptance letters, proof of funds for Australia student visa, etc. Moreover, there is even some university-specific financial aid provided to students looking for scholarships in Australia for master's programme.
Some of the best MBA colleges in Australia for Indian students include Monash University, The University of Melbourne, UNSW Sydney, RMIT University, and many more. Read the article to learn more about the MBA scholarship for Indian Students in Australia in 2024.
Read more: Study in Australia for Indian Students
MBA Colleges in Australia for Indian Students
To understand the need for MBA Scholarships in Australia among international students one also has to go through the fees structure. As the cost of studying MBA in Australia for Indian students can be quite alarming it is better to seek a scholarship or financial grant. The overview of the same is granted below:
MBA in Australia for Indian Students Fees
University Name | Tuition fees for MBA | QS Global MBA Rankings 2024 |
Melbourne Business School | AUD 107,000 | 30 |
UNSW Sydney | AUD 73,000 | 31 |
University of Sydney Business School | AUD 56,000 | 50 |
UQ Business School | AUD 84,000 | 75 |
Monash Business School | AUD 53,000 | 84 |
Macquarie Business School | AUD 60,000 | 101-110 |
Australian National University | AUD 49,000 | 111-120 |
UWA Business School | AUD 58,000 | 131-140 |
Also Read: Top Ranked Universities in Australia for International Students
MBA Scholarships for Indian Students in Australia
Due to the recent popularity of pursuing an MBA as a postgraduate course in Australia by many international students demand for scholarships has also surged. Therefore, we have mentioned some of the most popular Scholarships for MBA in Australia for Indian students offered by top universities.
Australian National University MBA Scholarships
It is among the most popular MBA scholarships for Indian students in Australia offered by the Australian National University. They specifically offer MBA scholarship awards each year to domestic as well as international students who have applied to pursue the degree at their university. All students are eligible for these MBA Australia scholarships based on their application for the programme and some other basic prerequisites.
The goal of this initiative by the Research School of Management at ANU is to foster inclusivity among a diverse student body and give them an opportunity at a world-class educational institution while funding their dreams.
Scholarships for MBA in Australia: ANU
Eligibility Criteria | Covers |
| The scholarship will be granted based on the following percentages to cover the tuition fees of the MBA:
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Monash Graduate Scholarships
Monash University is among the top-tier institutions in Australia for international students to pursue their higher education. They offer several scholarship opportunities to students on a Merit or Need basis to fund their studies in the long run. Some of the most popular scholarship options for Indian students pursuing an MBA at Monash University include the Monash International Leadership Scholarship, the Monash Award, the Monash University International Merit Scholarships, etc.
The eligibility criteria and cost coverage information for these financial grants are mentioned below to give international students an overview of the possible MBA Scholarships available in Australia.
Scholarships for MBA in Australia: Monash University
Eligibility Criteria | Covers |
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Adelaide MBA Scholarships
The University of Adelaide offers plenty of scholarship opportunities to Indian students looking to pursue their MBA degree at their institution. They offer financial aid on the grounds of academic excellence, international diversification, Community Achievement, Leadership Skills, and Women Empowerment. Therefore, one needs to ensure that they pick the right set of scholarships that can help them pursue their MBA in the most cost-efficient way and also fit into their eligibility profile.
MBA Scholarships in Australia: The University of Adelaide
Eligibility Criteria | Covers |
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Melbourne Business School MBA Scholarships
The University of Melbourne is a highly regarded educational institution for pursuing an MBA in Australia for Indian students. Their Executive MBA programme is specially designed for working professionals who want to enhance their careers by opting to study a specialised course from Melbourne Business School. Therefore, they offer various MBA scholarships that are well-known in Australia for international students.
Some of the popular MBA Scholarships associated with MBS include CEW and HMST Scholarship, the Dean’s International Management Scholarship, the Dean’s Scholarship for Women and Management, the Diversity Excellence Scholarships, and much more.
Scholarships for MBA in Australia: The University of Melbourne
Eligibility Criteria | Covers |
| All the scholarships mentioned cover an amount of up to AUD 50,000. |
Fully funded Scholarships for MBA in Australia
When it comes to seeking quality education so many international students flock to Australia. The country is known to provide not just partly but Fully funded MBA scholarships for international students in the form of financial aid on a need basis.It means that these scholarships ensure that 100% of your tuition fees are covered while pursuing your MBA degree in Australia. Some of the popular fully-funded MBA scholarships in Australia include:
ANU MBA Scholarships
University of Sydney - Future Leaders MBA Scholarships
UNSW Sydney - AGM Global Reach Scholarship
Adelaide MBA Scholarships
Monash International Leadership Scholarship
MBA Scholarships in Australia Requirements
To pursue your dream and educational degree we have created a list of essential documents that are posed as important requirements while applying for MBA scholarships for Indian students in Australia.
Copy of the Application form from the university
Academic transcripts and Degrees
Copy of a valid Passport
Copy of Acceptance Letter from the university
Test Scores for English language proficiency (IELTS/TOEFL/PTE/DET)
Additional documents like proof of funds, essays, medical reports, etc.
Frequently Asked Questions (FAQs)
1. How much it cost to study MBA in Australia?
The cost of studying MBA in Australia ranges anywhere between Rs. 11 lakhs to Rs. 54 lakhs for Indian students. However, this range differs depending on factors such as university, specialisation, etc.
2. How to get a scholarship for an MBA in Australia for Indian students?
One needs to fit into the eligibility criteria made for international students to access MBA scholarship opportunities in Australia. It may include academic documents, acceptance letters, proof of funds for Australia student visa, etc.
3. Is MBA from Australia worth for Indians?
Yes, an MBA in Australia is in high demand among top employers. As many top-tier firms and MNCs are looking to hire fresh MBA graduates in Australia there is a high chance that international students to make high-income salaries in the country after pursuing the course.
4. Is it easy to get job after MBA in Australia?
Yes, it is pretty easy to get a job after pursuing an MBA in Australia. The starting level salary for graduates in MBA in Australia is anywhere between AUD 40,000 to AUD 80,000 per annum. However, this income range will increase over time with experience and job position, if one can move in the right path of their career.
5. Can Indian students get scholarship in Australia?
Yes, there are plenty of opportunities available for Indian students in Australia to access to some of the most popular MBA scholarships available. These scholarships may be granted in partial or fully-funded mode depending on various factors and can be provided on a merit or need basis.
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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.
Aradhana Mallik 18 July,2025
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.
Prahvi Sharma 13 June,2025
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 !
Prachi Kumari 02 July,2025
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.
sadafreen356 21 April,2025
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
Sarishti bhagi 23 March,2025
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