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Scholarships for MBA in Australia for International Students 2024

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.

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

  • Academic Merit

  • Relevant Work Experience

  • GMAT Scores

The scholarship will be granted based on the following percentages to cover the tuition fees of the MBA:

  • 25%

  • 50%

  • 75%

  • 100%

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

  • Should be an international student.

  • Based on Academic Merit

  • Should not hold any other scholarship or sponsorship.

  • Posses a study permit in Australia

  • Monash Awards- Up to AUD 30,000

  • Monash International Leadership Scholarship- 100% of tuition fees

  • Monash University International Merit Scholarships- Up to AUD 50,000

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

  • Should be an international student.

  • Excellent academic record.

  • Should not hold any other scholarship or sponsorship.

  • Enrolled in a Business related programme.

  • Relevant work experience

  • GMAT Score

  • International Scholarship- covers 25% of tuition fees for an MBA of a maximum of 12 courses.

  • Academic Excellence- covers between 10 to 25% of tuition fees for an MBA based on GMAT Results.

  • Women in Leadership- covers up to 50% of tuition fees for an MBA of a maximum of 12 courses.

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

  • Should be an international student.

  • Excellent academic record.

  • Enrolled in a Business related programme.

  • Relevant work experience

  • GMAT Score

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

Study in Ireland

Want to study in Ireland? Explore Universities & Courses

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.

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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Questions related to

Get answers from students and experts

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.

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.

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.


For migrating to Australia with a high visa success rate, both commerce and medical fields offer strong opportunities, but they differ significantly:

  1. Medical Field :

    • High Demand : Healthcare professionals (doctors, nurses, allied health) are in high demand.
    • Visa Success : Higher chances due to skill shortages.
    • PR Pathway : Clear pathways for permanent residency.
    • Career Options : Wide range of opportunities with good pay.
  2. Commerce Field :

    • Opportunities : Demand for accountants, finance professionals, and business analysts.
    • Visa Success : Good, but dependent on specific roles and skill shortages.
    • PR Pathway : Viable but might require additional qualifications or experience.
    • Career Options : Diverse opportunities in finance, business, and management.

Choose based on your interests, skills, and long-term career goals.

hope this helps you!!

Hy,

Studying veterinary courses in Australia and securing a scholarship can be an excellent opportunity. Here’s a guide on how to pursue veterinary studies in Sydney and find scholarships:

Choosing a Veterinary Program in Sydney

Several universities in Sydney offer veterinary programs, including:

  • University of Sydney : Offers a Doctor of Veterinary Medicine (DVM) program.
  • University of New South Wales (UNSW) : Offers related programs but does not have a veterinary program. Check for related courses or alternative pathways.
  • Western Sydney University : Offers a Bachelor of Veterinary Science.

Applying to Universities

  • Research Programs : Visit the websites of these universities to understand their veterinary programs, entry requirements, and application deadlines.
  • Meet Entry Requirements : Ensure you meet the academic and English language requirements for the veterinary programs. This usually includes high school qualifications, English proficiency tests like IELTS or TOEFL, and sometimes an interview or entrance test.

Scholarships

University-Specific Scholarships

  • University of Sydney : Offers scholarships for international students, such as the Sydney Scholars Program. Check their scholarships page for specific awards related to veterinary science.
  • Western Sydney University : Offers various scholarships for international students, including those for specific programs or merit-based scholarships.

External Scholarships

  • Australian Government Scholarships : Look for scholarships offered by the Australian government, such as the Australia Awards Scholarships, which cover tuition fees, living costs, and other expenses.
  • Private and Non-Governmental Organizations : Various organizations offer scholarships for international students. Websites like Scholarship Portal, Study in Australia, and the DAAD (German Academic Exchange Service) often list opportunities.

Applying for Scholarships

  • Identify Opportunities : Start by identifying scholarships that you are eligible for. This can include university-specific scholarships, government scholarships, and private scholarships.
  • Prepare Documents : Common requirements include academic transcripts, proof of English proficiency, letters of recommendation, and a personal statement or essay.
  • Submit Applications : Follow the application process outlined by the scholarship provider. Be mindful of deadlines and ensure all required documents are submitted accurately.

Additional Tips

  • Contact University Admissions : Reach out to the admissions office of the universities you are interested in for guidance on scholarships and the application process.
  • Stay Organized : Keep track of scholarship deadlines and requirements to ensure you don't miss any opportunities.
  • Prepare Financially : Even with a scholarship, you may need to cover some expenses. Plan your budget accordingly.

Useful Resources

  • University Websites : For specific scholarship information and application procedures.
  • Study in Australia Website : For comprehensive information about studying in Australia, including scholarships.
  • Scholarship Portals : Websites like Scholarship Portal and Studyportals for finding scholarships and financial aid.

By carefully researching programs, preparing your application materials, and applying for scholarships, you can enhance your chances of securing funding for your veterinary studies in Sydney.

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