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What is the typical budget required for studying in Australia including tuition and living expenses for a MBA?

27 Aug 2026 · Answered by Chaithrakala P L · 1 min read
Chaithrakala P L
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The typical annual budget for studying in Australia, including tuition and living expenses, is AUD 45,000 - 85,000 per year.

- Tuition fees: AUD 20,000 - 50,000/year for most programs; specialized courses (e.g., medicine, engineering, MBA) may exceed AUD 60,000/year.
- Living expenses: AUD 29,000 - 30,000/year (as per visa requirements).
- Additional costs: Overseas Student Health Cover (AUD 600 - 1,200/year) and visa application fee (about AUD 710).

Your total cost will depend on your course, city (Sydney and Melbourne are more expensive), and lifestyle.

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