Pursuing an MBA in Australia is an exciting goal, especially for Indian students like you, thanks to the country’s world-class education system and incredible career opportunities.
Did you know that Australia welcomes over 4,00,000 international students every year, with many choosing its top-ranked business schools? With six universities ranked among the top 100 globally for business and management studies (QS World Rankings 2024), you’ll be stepping into a globally competitive environment.
Excel in IELTS with India’s Top Online Coaching
Leap has helped more than 1 Lakh students achieve 7+ IELTS band.
Before you begin your journey, understanding MBA fees in Australia is a crucial step. This blog explores the details of MBA course fees in Australia, uncover the best universities, and see what it takes to pursue an MBA in this academic hub.
Key Highlights
| Aspect | Details |
|---|---|
| Average Annual MBA Fees in Australia | INR 27L (AUD 48.9K) to INR 45L (AUD 81.7K) |
| Types of MBA in Australia | Full-Time MBA Part-Time MBA Executive MBA |
| Top MBA Colleges in Australia | University of Melbourne University of Sydney University of New South Wales Sydney (UNSW) |
Average MBA Fees in Australia by Program Type
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 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 in Australia |
|---|---|
| Full-Time MBA | INR 27L to INR 45L (AUD 49K to AUD 81K) |
| Part-Time MBA | INR 31L to INR 47L (AUD 57.2K to AUD 85.4K) |
| Executive MBA (EMBA) | INR 28L to INR 44L (AUD 50.8K to AUD 80K) |
| Online MBA | INR 37L to INR 47L (AUD 68Kk to AUD 85.4K) |
Now, take a look at the types of MBA in detail.
1. Full-Time MBA
A full-time MBA is ideal if you want to focus entirely on your studies and career development. These programs are intensive and can be completed in 12 to 18 months. Many universities offering full-time MBAs are known for their affordable MBA fees in Australia.
Excel in IELTS with India’s Top Online Coaching
Leap has helped more than 1 Lakh students achieve 7+ IELTS band.
2. Part-Time MBA
If you’re looking to balance work and study, a part-time MBA could be the right fit. With evening or weekend classes, these programs are flexible and typically take 2–4 years to finish. Many universities also offer opportunities for hands-on experience through internships or projects that complement your learning.
3. Executive MBA (EMBA)
If you’re an experienced professional seeking advanced leadership and strategic skills, an EMBA might be your best choice. With block-style classes, you can manage your studies around a busy schedule. While EMBAs are often higher in cost, Australia still offers competitive MBA fees compared to other countries.
Confused About MBA Specialisations?
Book a free 30-minute consultation with our expert for a personalised course shortlist.
Explore all countries
4. Online MBA
For ultimate flexibility, an online MBA allows you to study from anywhere, making it ideal if you have a packed schedule or live overseas. These programs often include interactive platforms and a global network of peers, enhancing your learning experience.
Australia provides affordable education with some of the lowest MBA fees globally, ensuring you find a program that meets your career goals and budget.
Top 5 MBA Programs in Australia
When considering MBA fees in Australia, it’s important to think about more than just the cost. Over 90% of MBA grads see a meaningful improvement in their professional networks.
Australia’s top MBA programs not only offer a solid education but also the chance to tap into a powerful network of business leaders, entrepreneurs, and alumni.
These MBA programs are designed to sharpen your skills, challenge your thinking, and put you in touch with the people who can help you take your career to the next level.
Here is a quick overview of the top 5 MBA programs in Australia.
| MBA Program Name | University Name |
|---|---|
| Full-time MBA | Melbourne Business School |
| AGSM Master of Business Administration | UNSW Sydney |
| Master of Business Administration (Leadership and Enterprise) | University of Sydney Business School |
| Master of Business Administration | University of Queensland |
| MBA | Macquarie Business School |
1. Full-time MBA – Melbourne Business School
The Full-time MBA at Melbourne Business School, ranked #1 in Australia by QS Global MBA Rankings (2025), is designed to accelerate your career. With options to complete the program in two years or faster, you’ll gain practical skills and real-world experience to apply in any business setting.
Key Details
| Particulars | Details |
|---|---|
| Duration | Up to 2 years |
| Admission Requirements | Undergraduate degree GMAT: 695 IETLS: 7 TOEFL: 102 Experience: 2 years LORs: 2 letters of recommendation |
| Intakes Offered | February/March July |
| Annual Fees | INR 61L (AUD 112K) |
| Graduate Salary | INR 66L (AUD 120K) |
2. AGSM Master of Business Administration – UNSW Sydney
The AGSM Full-time MBA, ranked #1 in Australia by the Financial Times (2023), offers a unique mix of classroom learning, case studies, and real-world insights. In just 12 months, you’ll gain the skills to thrive in senior roles across business, government, or the non-profit sector.
Key Details
| Particulars | Description |
|---|---|
| Duration | 1 year |
| Admission Requirements | Undergraduate degree Experience: 2 years GMAT: 650 IELTS: 7 TOEFL: 94 |
| Intakes Offered | May |
| Annual Fees | INR 45L (AUD 82K) |
| Placement Rate/Graduate Salary | INR 66L (AUD 121K) |
3. Master of Business Administration (Leadership and Enterprise) – University of Sydney Business School
The Full-time MBA is an 18-month program designed to give you a deep, immersive learning experience. With a focused class size, you’ll get the attention and engagement needed to excel. The program is structured in an intensive format, with two units of study every seven to eight weeks.
Key Details
| Particulars | Description |
|---|---|
| Duration | 1.5 years |
| Admission Requirements | Undergraduate degree Experience: 3 years GMAT: 600+ IELTS: 7 TOEFL: 96 |
| Intakes Offered | January July |
| Annual Fees | INR 31L (AUD 57K) |
| Graduate Salary | INR 82L (AUD 150K) |
4. Master of Business Administration – University of Queensland
The UQ MBA, ranked 30th globally for business administration (Global Ranking of Academic Subjects 2024) and #1 in Queensland for business and management (QS World University Rankings 2024), is your pathway to leadership. With flexible study options—full-time, part-time, or online—you’ll gain practical skills through industry projects and global exchange opportunities.
Key Details
| Particulars | Description |
|---|---|
| Duration | 1.5 years |
| Admission Requirements | Undergraduate degree Experience: 4 years GMAT: 550 IELTS: 6.5 TOEFL: 87 Graduate Certificate in Business Administration from the University of Queensland |
| Intakes Offered | February March |
| Annual Fees | INR 35L (AUD 64K) |
| Graduate Salary | INR 82L (AUD 150K) |
5. MBA – Macquarie Business School
Ranked #1 in Australia and in the top 50 globally, the MBA program prepares you for senior leadership roles across industries. It combines theory with real-world experience, including global study tours, exchange programs, and live case studies with top companies.
Key Details
| Particulars | Description |
|---|---|
| Duration | 1.5-2 years |
| Admission Requirements | Undergraduate degree Experience: 3 years GMAT: 650 IELTS: 7 TOEFL: 94 |
| Intakes Offered | February July |
| Annual Fees | INR 26L (AUD 47K) |
| Graduate Salary | INR 79L (AUD 144K) |
Top MBA Colleges in Australia with Fee Structure
Australia’s universities offer world-class MBA programs, and many are known for their rigorous curriculums 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 Rankings 2025 | Program Name & Duration | Average Annual MBA Fees in Australia |
|---|---|---|
| University of Melbourne (13) | Master of Business Administration (2 Years) | INR 29L (AUD 53.3K) |
| University of Sydney (18) | Full-time MBA (1.5 Years) | INR 31L (AUD 57.2K) |
| University of New South Wales Sydney (UNSW) (19) | AGSM Master of Business Administration (1 Year) | INR 45L (AUD 81.7K) |
| Australian National University (30) | Master of Business Administration (1.5 Years) | INR 27L (AUD 49.3K) |
| Monash University (37) | Global Executive MBA (1.5 Years) | INR 42L (AUD 76.9K) |
| University of Queensland (40) | Master of Business Administration (1.5 Years) | INR 35L (AUD 63.9K) |
| University of Adelaide (82) | Master of Business Administration (2 Years) | INR 27L (AUD 49.9K) |
| RMIT University (123) | Master of Business Administration (2 Years) | INR 27L (AUD 48.9K) |
| Macquarie University (133) | MBA (2 Years) | INR 33L (AUD 60K) |
| Deakin University (197) | Master of Business Administration (2 Years) | INR 27L (AUD 48.6K) |
Application Process for MBA in Australia
Applying for an MBA in Australia is a straightforward but detailed process. In fact, some of the top universities such as Monash, Deakin, and La Trobe offer MBA programs without GMAT requirements, making them more accessible for ambitious students.
Step-by-Step Guide
- Choose Your Program: Research MBA specialisations and fees.
- Check Eligibility: Ensure you meet academic and English language requirements.
- Prepare Your Documents: Include transcripts, SOP, CV, and references.
- Submit Applications: Apply via the university portal or agents.
- Attend Interviews: Some programs require interviews for final selection.
By following these steps meticulously, you can ensure a seamless application process and begin your MBA journey in Australia with confidence.
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 AUD 34.5K (INR 19L) for living expenses |
| AGSM Excellence Scholarship | UNSW University | Up to full coverage (depends on the selection criteria) |
| MBA Director’s Scholarship | University of Sydney | AUD 10K to AUD 40K (INR 5.5L to INR 22L) (Total) |
| Monash International Merit Scholarship | Monash University | AUD 10k (INR 5L) per annum |
| RMIT Academic Excellence Scholarship | RMIT University | 20% tuition fee coverage |
With scholarship options in mind, learn about the cost of living in Australia in the following section, so you can plan your finances effectively.
Additional Costs 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
| Aspect | Details |
|---|---|
| English Proficiency Exam | IELTS: INR 17K TOEFL: INR 17K |
| GMAT | INR 21.2K |
| GRE | General Test: INR 22.5K Subject Test: 14.5K |
| Student Visa Fees | INR 88K (AUD 1.6K) |
| Average Airfare (one-way) | INR 20K to INR 85K |
Now that you know the pre-arrival costs, learn about post-arrival expenses in the following table.
Post-Arrival Costs
| Aspect | Australia |
|---|---|
| Rent | INR 82K (AUD 1.5K) |
| Food & Groceries | INR 66K (AUD 1.2K) |
| Transport | INR 12K (AUD 220) |
| Others (Entertainment, Telecom) | INR 18K (AUD 330) |
| Total Monthly Cost | INR 2L (AUD 3.3K) |
Pursuing an MBA in Australia offers quality education, global recognition, and strong career prospects. With competitive MBA fees in Australia, flexible admissions, and high ROI, it’s a top choice for aspiring business leaders. Curious how an MBA in Australia can reshape your future? With the right guidance, the possibilities are endless. Leap Scholar is here to guide you every step of the way, from choosing the right university to navigating the application process! Connect with our Leap Scholar consultants now!
Frequently Asked Questions
-
Q. How much are MBA fees in Australia for Indian students?
Ans. MBA fees in Australia for Indian students range between INR 27L (AUD 48.6K) to INR 45L (AUD 81.7K) annually. Factors such as the university’s ranking, program duration, and location influence these fees. Scholarships can also significantly reduce MBA course fees in Australia, making it a viable option for many students.
-
Q. What are the top MBA colleges in Australia with fee structure details?
Ans. 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.
-
Q. How much does it cost to study MBA in Australia, including living expenses?
Ans. It costs approximately INR 27L to INR 45L annually for MBA fees in Australia, depending on the university. Including living expenses, the total cost ranges from INR 35L to INR 50L. Affordable cities like Adelaide offer lower costs, balancing living expenses and the lowest MBA fees in Australia.
-
Q. What scholarships can reduce MBA course fees in Australia?
Ans. Scholarships like the Australia Awards Scholarship, covering full tuition, and Monash International Merit Scholarship, offering INR 5L annually, can significantly lower MBA course fees in Australia. These scholarships make pursuing an MBA in Australia for Indian students more affordable and accessible.
-
Q. Which universities offer the lowest MBA fees in Australia?
Ans. 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 curriculums enhance employability upon graduation.
-
Q. What is the average ROI of MBA fees in Australia?
Ans. 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.
-
Q. Are there MBA programs without GMAT in Australia?
Ans. 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.
-
Q. What are the basic admission requirements for MBA in Australia?
Ans. 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.
-
Q. Why is Australia a popular destination for MBA students?
Ans. 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.
-
Q. How does Australia compare globally for MBA opportunities?
Ans. 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.
-
Q. What are the career prospects after completing an MBA in Australia?
Ans. 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