What kind of typical investment will be needed for studying abroad in my case in UK/Australia for a MBA?
You can expect a significant investment for an MBA abroad. Here’s a typical cost breakdown for the UAE, UK, and Australia:
- UAE: Tuition ranges from ₹9.8 lakh to ₹44 lakh/year. Living expenses are about ₹85,000 to ₹1.6 lakh/month. Total annual budget: ₹20 - 58 lakh.
- UK: Tuition is usually ₹30 lakh to ₹1.3 crore/year, with most one-year MBAs at ₹55 - 85 lakh. Living costs are ₹15 - 23 lakh/year. Total annual budget: ₹37 lakh - 1.4 crore.
- Australia: Tuition is ₹30 - 47 lakh/year. Living costs are ₹10 - 12.5 lakh/year. Total annual budget: ₹40 - 62 lakh.
Visa fees, health insurance, and IELTS test costs are additional and subject to change.
Given your extensive work experience and education, you may be eligible for scholarships or financial aid.
Looking for a specific course in Australia?
We will find the universities that offer it, and whether you will get in.
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