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Top MBA Colleges in Australia for Indian Students

Top MBA Colleges in Australia for Indian Students

Edited By Prabhjyot Kaur | Updated on Aug 08, 2024 12:06 PM IST

Master of Business Administration in Australia is one of the most selected courses by international students to pursue in study abroad. MBA helps students professionally to be advanced in business aspects such as finance, IT, marketing, HR, entrepreneurship, and many more. Australia is a top choice due to influences such as its hubs' top MBA colleges in Australia which are among the top universities in the world, moderately affordable tuition fees, great learning experience, renowned business courses, and others.

These benefits of studying in Australia attract international students to pursue education in one of the best MBA colleges in Australia. University of Western Australia Business School, Melbourne Business School, UQ Business School, Macquarie Business School, Australian National University, and Unisa Business School, are some of the best MBA colleges in Australia for Indian students. Some popular specialisations offered at one of these top MBA colleges in Australia include Marketing, Finance, Human Resources, Information Technology, and Entrepreneurship.

One of the major requirements to be a part of the best MBA colleges in Australia include an undergraduate degree with at least 50% aggregate marks, work experience of 2 to 3 years, GRE or GMAT scores and IELTS/TOEFL/DET/CAE scores. Moreover, if we consider these best MBA top colleges in Australia with fee structures of an average of Rs 20,00,000 to 50,00,000, one can pursue higher studies in Australia. One must also consider the cost of studying and living costs in Australia as well.

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Read the article below to learn more about the top MBA colleges in Australia, their QS Rankings, cost of studying in Australia, eligibility criteria, and many more.

Top 10 MBA Colleges in Australia

We have listed some of the top MBA colleges in Australia along with their QS Subject Rankings 2024 in “MBA”.

Best MBA Colleges in Australia for Indian Students 2024

Melbourne Business School

MBS or Melbourne Business School is a graduate business school of the University of Melbourne. It was founded in 1963 and is located in Victoria, Australia. Melbourne Business School is a leading provider of management education in Asia specifically MBA. It is considered as the top MBA colleges in Australia as it is ranked at 1st position by QS in MBA Subject Rankings 2024.

Melbourne Business School Highlights

Particulars

Details

MBA tuition fees at MBS 2024

AUD 106,650

MBA admission requirement at MBS

  • UG Degree

  • Good GMAT/GMAT Focus/GRE score

  • 2 years of work experience

  • Two confidential professional referees

  • IELTS/DET/CAE/TOEFL scores

MBA Duration

2 years

UNSW (AGSM)

The Australian Graduate School of Management or AGSM is a business school of the University of New South Wales (UNSW). It was established in 1949 and offers innovative and experiential MBA programmes renowned in the world. It is among the top 5 universities which are the best MBA colleges in Australia.

Australian Graduate School of Management Highlights

Particulars

Details

MBA tuition fees for 2024 at UNSW (1st yr)

AUD 80,000

Australian Graduate School of Management admission requirement for MBA

  • A strong Bachelor’s degree

  • GMAT/GMAT scores

  • Minimum 5 years of work experience

  • IELTS/DET/CAE/TOEFL scores

MBA Duration

1 year + an option to do one extended year

Some MBA Scholarships at AGSM

  • AGSM Global Reach Scholarship

  • AGSM National Reach Scholarship

University of Sydney Business School

University of Sydney Business School is a global university which was established in 1920. It is proudly considered among the top 1% of business schools worldwide. The business courses of the University of Sydney Business School are accredited by AMBA, AACSB, and EQUIS making it one of the top MBA colleges in Australia.

University of Sydney Business School Highlights

Particulars

Details

The tuition fees for MBA in the University of Sydney Business School for 2024

AUD 42,000 to AUD 71,000

Sydney Business School MBA admission requirement

  • Strong UG Degree

  • Good GMAT/GRE score

  • Minimum 5 years of work experience

  • IELTS/DET/CAE/TOEFL scores

  • Supporting documents

MBA Duration offered at the University

18 months

UQ Business School

The University of Queensland (UQ) Business School is a research-based university which was established in 2002 via the merger of the schools of commerce and management. It is located at the UQ St Lucia campus in Queensland, Australia. It is considered 4th position for the top MBA colleges in Australia by QS 2024 subject rankings.

UQ Business School Highlights

Particulars

Details

UQ Business School tuition for MBA course 2024

Around AUD 91,420

MBA Eligibility at UQ

  • UG Degree with 4.5 minimum score on a 7-point scale.

  • GMAT score above 550

  • Minimum 4 years of work experience

  • IELTS/DET/CAE/TOEFL scores

  • Additional documents

UQ Business School MBA duration

2 years

Scholarships at UQ Business School for MBA

  • Women’s MBA Student Scholarship

  • International MBA Student Scholarship

  • Indigenous Postgraduate Coursework Master’s Scholarship

Monash Business School

Monash Business School is a globally recognised university that offers courses with triple accreditation which are AACSB, EQUIS, and AMBA. It was established in July 2023 at the Monash University Melbourne. Being impressively at the 5th place by QS Subject-based WUR, it is termed among the best MBA colleges in Australia.

Melbourne Business School Highlights

Particulars

Details

MBA tuition fees at Monash Business School

AUD 90,000

Monash Business School MBA Eligibility

  • Australian bachelor’s degree or an equivalent qualification

  • GMAT or GRE is not required

  • 3 years of work experience

  • IELTS/DET/CAE/TOEFL scores

Monash Business School MBA Duration

18 to 24 months depending on the type of MBA selected

Top MBA Colleges in Australia without GMAT

Impressively, certain top MBA colleges in Australia offers the business courses with mandatory GMAT requirements. Hence, students can apply easily without an hassle. A few of the top MBA colleges in Australia without GMAT are mentioned below in the table:

Top MBA colleges in Australia with GMAT Score, Not Compulsion

Sr Number

University Name

1

Monash University

2

RMIT University

3

La Trobe University

4

Melbourne University

5

Macquarie University

Top MBA Colleges in Australia with Low Fees

There are certain universities which are considered to be the cheapest MBA colleges in Australia. They are also some of the top MBA colleges in Australia with low fees. Hence, we have compiled a list of top MBA colleges in Australia with fee structure below:

Cheapest MBA Colleges in Australia 2024

Frequently Asked Question (FAQs)

1. Which MBA is best in Australia?

Australia is a hub of top universities offering some of the best MBA programmes in the world. Students can select any one of them such as HR, IT, Accounting, Marketing, and many more.

2. Is it worth studying MBA in Australia?

Yes, it is totally worth it to do MBA in Australia. There are different compelling benefits of studying there which include top universities, the best courses, great learning experiences, top research facilities, and many more.

3. Do I need GMAT for MBA in Australia?

Yes, GMAT is generally required to pursue an MBA in Australia. Alternatively, one can also attempt GRE as well.  

4. How much fees for an MBA in Australia?

The MBA tuition fees in Australia differs from one university to another. However, the fees of Rs 20,00,000 to 50,00,000 is required to do an MBA degree in Australia.

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Questions related to

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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!!

If you have completed a master's degree in the UK, you might still need to take the IELTS test to qualify for a Permanent Residency (PR) or Work Visa in Australia. While your degree from an English-speaking country like the UK may demonstrate your proficiency in English, Australian immigration authorities typically require a standardized English language test score, such as IELTS, to assess your language skills formally.

For better guidance, Invicta Institute can provide you with detailed information and assistance regarding the specific English language requirements for Australian PR or Work Visa applications. Invicta's experienced counselors can help you navigate the process and determine if your UK degree suffices or if you need to take the IELTS test.

Hello Aspirant

For admission to an Australian University, you need to have a bachelor's degree of 4 years, this is mandatory for foreign universities' admission into Master's courses. But many colleges also offer a bridge course for students who have done a bachelor's in a 3-year course plan.

The switching of streams will not be a problem, you can get admission to an MBA easily if you crack an aptitude exam (GMAT, GRE) and a language proficiency test (IELTS, TOEFL, etc.)

Hope this helps

Dear aspirant !!

Hope you are doing good !!

Indian students must have an MBBS and clear USMLE tests to gain admission to post graduation after MBBS abroad in USA . It is important to understand that an MD/Doctor of Medicine (USA equivalent of MBBS in India) degree alone is not enough to practise medicine. A Medical PG in any specialisation is necessary..

Hope it helps you !!

Thanking you !!

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