Australia’s MBA fees range from AUD 48,000 to AUD 112,500 (₹28.07L-₹65.76L) depending on the university and program type. Add in scholarships, ROI from graduate salaries, and affordable student cities, and you’ll see why thousands of Indian students choose to study in Australia every year. Did you know that Australia welcomes over 4,00,000 international students every year, with many choosing its top-ranked business schools? With six Australian universities ranked among the top 100 globally for Business and Management Studies in the QS World University Rankings by Subject 2025, Australia continues to be a leading destination for business education.
Australia may offer world-class universities and strong career outcomes, yet for most families, the first question is, “How much will it really cost me?” Between tuition fees, living expenses, and visa charges, the numbers can feel overwhelming and confusing.
Key Highlights
| Aspect | Details |
| Average Annual MBA Fees | AUD 64,211 (approx. ₹36.5 lakh) |
| Types of MBA Programs | Full-Time, Part-Time, Executive, Online |
| Course Duration | Typically 2 years |
| Admission Requirements | Bachelor’s degree, GMAT/GRE, IELTS/TOEFL/PTE, work experience (varies by university) |
| Specializations Offered | Finance, Marketing, Management, International Business, Entrepreneurship, among others |
| Average Post-MBA Salary | AUD 100,000-AUD 150,000 annually |
| Top MBA Colleges in Australia | Melbourne Business School, UNSW (AGSM), and University of Sydney Business School |
Average MBA Fees in Australia by Program
Choose your dream country
UK
USA
Germany
Australia
Ireland
Canada
UAE
France
Sweden
Italy
Other
When do you want to study abroad?
What's your highest level of education?
Select you current city
How Leap will help you
Personalised University Shortlist
Express Applications with Quicker Admits
End-to-End Application Support
An MBA opens up extensive career opportunities, with 79% of graduates landing roles at top companies. Australia provides a variety of programs that cater to different career goals and schedules. Known for offering quality education at competitive prices, the country is an excellent choice for business studies. In 2024-25, Australia hosted more than 608,000 international students, a record high, reflecting its continuing appeal as a top study destination (ipa.org.au). But the real question for most students is cost. An MBA in Australia ranges from AUD 48,000 to 112,500 (₹28.07L to ₹65.76L).
In fact, some universities offer the lowest MBA fees in Australia, making it an attractive destination for international students. Here is a quick overview of different types of MBA and their average fees.
| Type of MBA | Average MBA Fees (AUD) | Average MBA Fees (INR) | Source |
| Full-Time MBA | 48,000 – 112,500 | ₹28.07L – ₹65.76L | University of Melbourne |
| Part-Time MBA | 55,000 – 113,500 | ₹32.1L – ₹66.3L | UNSW AGSM |
| Executive MBA (EMBA) | 50,000 – 108,500 | ₹29.2L – ₹63.4L | University of Sydney |
| Online MBA | 68,000 – 85,000 | ₹39.7L – ₹49.7L | University of Queensland |
Key Takeaways:
- Full-Time MBA: Graduates from top Australian programs like the University of Sydney report post-MBA salaries averaging AUD 170,855, marking a 108% increase from pre-MBA earnings.
- Part-Time MBA: While specific salary data for part-time MBA graduates is limited, the flexibility of these programs allows professionals to continue working, potentially leading to career advancement and salary increases over time.
- Executive MBA (EMBA): EMBA graduates from institutions like Melbourne Business School report post-MBA salaries of AUD 244,900 three years after graduation, reflecting significant career progression.
- Online MBA: The Australian Institute of Business reports that 73% of its MBA graduates have received a salary increase since graduating, with an average pay rise of AUD 42,000, indicating the value of online MBA programs.
Top MBA Colleges in Australia with Fee Structure
Australia’s universities offer world-class MBA programs, and many are known for their rigorous curricula and global rankings. With 80% of MBA graduates landing a job within three months, building the right mix of skills, experience, and connections can pave the way for success and help you reach your career aspirations.
Let’s look at the top MBA colleges in Australia, along with their annual fees.
| University | QS World University Ranking 2025 | Duration | Annual Tuition Fees (AUD ₹INR) |
| RMIT University | 123 | 2 Years | $38,400 (₹22.4 L) |
| University of Adelaide | 82 | 2 Years | $49,900 (₹29.2 L) |
| University of Melbourne | 13 | 2 Years | $53,300 (₹31.2 L) |
| University of Sydney | 18 | 1.5 Years | $57,200 (₹33.4 L) |
| University of Queensland | 40 | 1.5 Years | $69,112 (₹40.3 L) |
| Monash University | 37 | 1.5 Years | $74,000 (₹43.2 L) |
| Macquarie University | 133 | 2 Years | $80,000 (₹46.8 L) |
| University of New South Wales (UNSW) | 19 | 1 Year | $81,700 (₹48.0 L) |
| Australian National University (ANU) | 30 | 1.5 Years | $83,584 (₹49.0 L) |
Living Expenses While Studying MBA in Australia
When considering how much it costs to study MBA in Australia, it's also essential to factor in the cost of living expenses. Did you know that Adelaide, a popular student city, is ranked as one of the top 5 most affordable cities in Australia? This makes it a great option for balancing quality education with manageable living costs.
Pre-Arrival Costs
| Expense | Details |
| English Proficiency Exam | IELTS: ₹17,000; TOEFL: ₹17,000 |
| GMAT | ₹21,200 |
| GRE | General Test: ₹22,500; Subject Test: ₹14,500 |
| Student Visa Fees | ₹88,000 (AUD 1,600) |
| Average Airfare (one-way) | ₹20,000 to ₹85,000 (varies by airline and booking time) |
This is all one-time cost. Now that you know the pre-arrival costs, learn about post-arrival expenses.
Post-Arrival Living Expenses
Studying in Australia comes with varying living expenses depending on the city you choose. While cities like Adelaide are more budget-friendly, Sydney is among the most expensive. Understanding the cost of living in Australia can help you plan your budget effectively.
Tips to Manage Living Costs
- Accommodation: Opting for shared housing or university-managed accommodations can significantly reduce rent expenses.
- Groceries: Shopping at local markets and cooking meals at home can help cut down on food costs.
- Transportation: Utilizing student transport passes and cycling are cost-effective ways to get around.
- Entertainment: Engaging in free or low-cost university events and exploring the city on foot can minimize entertainment expenses.
Scholarships to Reduce the MBA Fees in Australia
Australia is dedicated to supporting international students through a variety of scholarships, many of which are specifically aimed at engineering students. There are over 600 scholarships available for international students such as yourself.
Major Scholarships Overview
| Scholarship Name | Offered By | Coverage |
| Australia Awards Scholarship | Australian Government | Full tuition fees, return airfare, establishment allowance, living stipend (~AUD 34,500/year), OSHC, and academic support. |
| AGSM Excellence Scholarship | UNSW Sydney (AGSM) | Up to full tuition fee coverage; awarded based on academic and professional excellence. |
| MBA Director’s Scholarship | University of Sydney | AUD 10,000 to AUD 40,000 (INR 5.5L to 22L) towards tuition fees; awarded based on merit, leadership, and career achievements. |
| Monash International Merit Scholarship | Monash University | AUD 10,000 per annum for the duration of the degree; awarded based on academic excellence. |
| RMIT Academic Excellence Scholarship | RMIT University | 20% tuition fee coverage; awarded to top-performing international students. |
With scholarship options in mind, learn about the cost of living in Australia in the following section, so you can plan your finances effectively.
MBA ROI in Australia: Cost vs. Salary Prospects
Pursuing an MBA in Australia is a significant investment, but the returns can be highly rewarding. Understanding the relationship between tuition fees and potential post-MBA salaries can help students make informed decisions about their careers and finances.
| MBA Type | Average Fees (AUD / INR) | Average Post-MBA Salary (AUD / INR) | ROI Insight |
| Full-Time MBA | 48,000 – 112,500 / ₹28L – ₹65.8L | 170,000+ / ₹99.5L+ | Rapid recovery of tuition within ~2 years; ideal for early-career students |
| Part-Time MBA | 55,000 – 113,500 / ₹32.1L – ₹66.3L | 100,000 – 140,000 / ₹58.5L – ₹81.8L | Balanced growth while working; investment returns start during study |
| Executive MBA (EMBA) | 50,000 – 108,500 / ₹29.2L – ₹63.4L | 245,000 / ₹1.43Cr | Significant ROI through senior-level roles; ideal for experienced professionals |
| Online MBA | 68,000 – 85,000 / ₹39.7L – ₹49.7L | 95,000 – 140,000 / ₹55.5L – ₹81.8L | Flexible learning with strong career gains; lower fees make ROI attractive |
An MBA in Australia offers a compelling balance between investment and career growth. By comparing program fees with expected post-MBA salaries, students can choose the MBA type that aligns with their professional goals, lifestyle, and desired ROI. For most students, the combination of global exposure, networking, and high earning potential ensures that the degree pays off in the medium to long term.
Conclusion
Pursuing an MBA in Australia in 2025 is about strategically investing in your career. To make the most of this opportunity, shortlist universities based on fees, program type, specializations, and post-MBA salaries, ensure you meet eligibility requirements, and prepare a strong application highlighting your achievements and leadership potential. Explore scholarships and financial planning options to reduce costs, and consider cities and programs that align with your career goals. With careful planning, an Australian MBA can accelerate your career, expand your global network, and deliver a strong return on investment, turning your education into tangible professional growth.
For tailored guidance, from selecting the right program to navigating the admissions process, Leap Scholar consultants are here to help you every step of the way. Your MBA in Australia can be a transformational step. Plan smart, apply strategically, and take your career to the next level.
Frequently Asked Questions
-
Which MBA is the cheapest?
The most affordable MBA programs in Australia are offered by universities such as RMIT University, Deakin University, and the Australian National University, with annual fees starting around AUD 48,000 (INR 28L). These programs provide quality education while keeping costs manageable, making them ideal for budget-conscious international students.
-
Is there a 1-year MBA in Australia?
Yes, several top universities offer 1-year full-time MBA programs, including AGSM at UNSW Sydney and certain executive MBA tracks. These programs are intensive, allowing you to gain a globally recognized MBA qualification in a shorter timeframe without compromising on curriculum quality.
-
Is an MBA in demand in Australia?
Absolutely. MBA graduates in Australia are highly sought after, especially in finance, consulting, management, and technology sectors. With strong post-study work visa options and a growing economy, MBA holders have excellent career prospects and salary potential, often ranging from AUD 100,000 to 150,000 (INR 58L–88L) per year.
-
How much is a 2-year MBA?
A typical 2-year full-time MBA in Australia costs between AUD 48,000–81,000 (INR 28L–47L) annually, depending on the university and program. Including living expenses, the total cost for two years can range from INR 60L to 90L, making it essential to plan finances and explore scholarships for better affordability.
-
What are the top MBA colleges in Australia with fee structure details?
The top MBA colleges in Australia with fee structure details include Melbourne Business School (INR 29L annually), UNSW Sydney (INR 45L annually), and UQ (INR 35L annually). Each institution offers unique benefits like global exposure and industry connections, ensuring students get maximum value for their MBA course fees in Australia.
-
Which universities offer the lowest MBA fees in Australia?
Universities like RMIT and Deakin offer the lowest MBA fees in Australia, starting from INR 27L (AUD 48.6K) annually. These universities combine affordable tuition with quality education, making them ideal choices for budget-conscious students exploring an MBA in Australia for Indian students. Additionally, their industry-focused curricula enhance employability upon graduation.
-
What is the average ROI of MBA fees in Australia?
Graduates often achieve excellent ROI for their MBA fees in Australia, with an average salary of INR 59L (AUD 105K) annually. Top programs at UNSW and UQ are renowned for producing high-earning alumni, maximising the benefits of how much it costs to study MBA in Australia. Furthermore, many graduates report career progression within their first year post-MBA.
-
Are there MBA programs without GMAT in Australia?
Yes, universities like Monash and La Trobe offer MBA programs without GMAT requirements. These programs maintain high academic standards while reducing entry barriers, making MBA course fees in Australia more appealing and accessible for international students. This flexibility allows you to focus on other admission requirements and build a strong application.
-
What are the basic admission requirements for MBA in Australia?
Admission requirements include a bachelor’s degree with a minimum GPA, 2-5 years of work experience, and English proficiency (IELTS: 6.5+ or TOEFL: 79+). Meeting these requirements ensures you can pursue an MBA in Australia. Some universities may also consider exceptional work experience in lieu of academic qualifications.
-
Why is Australia a popular destination for MBA students?
With globally ranked universities, high employability rates, and generous scholarships, Australia attracts MBA students. The country’s vibrant economy and multicultural environment add immense value, ensuring MBA fees in Australia offer long-term career benefits. The supportive post-study visa policies further enhance its appeal.
-
How does Australia compare globally for MBA opportunities?
Australia is home to six universities ranked in the top 100 globally for business studies. Its innovative programs, strong industry links, and competitive MBA fees in Australia position it among the best destinations for pursuing an MBA. Graduates benefit from a well-recognised degree, respected by employers worldwide.
-
What are the career prospects after completing an MBA in Australia?
Graduates secure roles like Business Consultant and Marketing Manager, earning INR 59L (AUD 105K) on average. With high salaries and growing demand, investing in MBA fees in Australia ensures strong career prospects and excellent financial returns. Many companies also provide visa sponsorships for qualified international candidates.
Have Questions? Get Guidance to reach your Dream University
Connect with India's finest counsellors and biggest study abroad community.
Get Guidance