Over 8 lakh international students call Australia their study destination each year.
Yep, and a good number of them are Indian students chasing their dream MBA in Australia. Why?
Because Australia delivers the perfect mix of world-class education, career opportunities, and that sunny “life’s good” vibe.
But let’s cut to the chase—while MBA programs in Australia may come with a significant price tag, the career opportunities they bring along make it worth the investment. With post-MBA salaries ranging from 鈧�56–鈧�84 lakh annually, the return on investment is undeniably impressive.
Key Highlights:
- MBA fees in Australia range from AUD 48,000 to 85,000 (鈧�26–鈧�47 lakh) per year.
- The average cost of studying for an MBA in Australia is between AUD 50,000 and 81,000 (鈧�36.5–鈧�59.5 lakh) per year, depending on the university.
- Top MBA colleges in Australia include Melbourne Business School, Australian Graduate School of Management (AGSM), and Monash Business School.
- The average salary of an MBA graduate in Australia is around AUD 100,000 to 150,000 (鈧�56–鈧�84 lakh) annually.
- Australia offers a Post-51成人导航 Work Visa allowing MBA graduates to work in the country for up to 4 years after completing their studies.
What makes it even better? Scholarships to ease your wallet, a 4-year post-study work visa, and global job market exposure. So, keep reading—we’ve got all the details covered!
|
Table of Contents |
|---|
What is the Average Cost of MBA in Australia?
The average cost of pursuing an MBA in Australia falls between 鈧�35 lakh to 鈧�46 lakh annually, depending on the university and program. But hold up, that’s just the tuition fees! There are additional costs like living expenses, health insurance, and pre-departure charges to consider.
For Indian students, these numbers can feel overwhelming at first glance, but with scholarships, part-time work options, and stellar post-MBA salaries, the investment can quickly pay off.
Let’s break it down further to make things easier:
|
Expense Type |
Cost (AUD) |
Cost (INR) |
|---|---|---|
|
Tuition Fees |
50,000 - 80,000/year |
鈧�30 lakh - 鈧�50 lakh/year |
|
Living Expenses |
20,000/year |
鈧�11 lakh/year |
|
Health Insurance (OSHC) |
600 - 3,500/year |
鈧�35,000 - 鈧�2 lakh/year |
|
Visa Fees |
630 |
鈧�35,000 |
|
Pre-arrival Costs (Tests, Tickets) |
2,000 - 3,000 |
鈧�1.2 lakh - 鈧�1.8 lakh |
Thinking about studying for an MBA abroad? Schedule a free 1-on-1 consultation call with our experts to get personalized advice!
Program-Wise MBA Fees in Australia
When planning for an MBA in Australia, the type of program you choose plays a big role in determining your expenses. Whether you’re targeting a general MBA, an Executive MBA, or a specialised MBA, each program comes with its own unique costs.
To make it simpler, here’s a breakdown of fees based on program types:
|
Program Type |
Fee in AUD |
Fee in INR |
|---|---|---|
|
General MBA |
48,000 - 75,000 |
鈧�26 - 鈧�44 lakh |
|
Executive MBA (EMBA) |
60,000 - 90,000 |
鈧�35 - 鈧�53 lakh |
|
Specialised MBA |
50,000 - 85,000 |
鈧�29 - 鈧�50 lakh |
|
Online MBA |
30,000 - 50,000 |
鈧�17 - 鈧�29 lakh |
|
Part-Time MBA |
40,000 - 65,000 |
鈧�23 - 鈧�38 lakh |
|
Global MBA |
55,000 - 85,000 |
鈧�32 - 鈧�50 lakh |
|
Dual-Degree MBA |
70,000 - 100,000 |
鈧�41 - 鈧�59 lakh |
|
Accelerated MBA |
45,000 - 70,000 |
鈧�26 - 鈧�41 lakh |
|
Flexible MBA |
50,000 - 80,000 |
鈧�29 - 鈧�47 lakh |
MBA Tuition Fees at Top B-schools in Australia
The average tuition fee for an MBA in Australia ranges between AUD 50,000 and 80,000 per year (approximately 鈧�30–鈧�47 lakh). While this might seem like a significant expense, it’s important to remember that these fees reflect the high-quality education, cutting-edge resources, and global recognition that Australian business schools offer.
With top-ranked universities providing world-class faculty and vast career support, the cost is a worthwhile investment in your future.
Here’s a list of the top 10 MBA colleges in Australia and their tuition fees:
|
College/University Name |
QS World Ranking 2025 |
MBA Tuition Fees in Australia/year in |
MBA Tuition Fees in Australia/year in INR |
|---|---|---|---|
|
The University of Melbourne |
13 |
75,000 |
54,91,437 |
|
The University of Sydney |
18 |
60,000 - 70,000 |
44,10,625 - 51,34,225 |
|
The University of New South Wales |
19 |
80,000 |
59,60,026 |
|
Australian National University (ANU) |
30 |
52,000 |
38,24,935 |
|
Monash University |
37 |
65,000 |
47,93,148 |
|
The University of Queensland |
40 |
50,000 |
36,60,950 |
|
The University of Western Australia |
77 |
48,000 |
35,28,760 |
|
The University of Adelaide |
82 |
42,000 |
30,96,000 |
|
University of Technology Sydney |
88 |
45,000 |
33,15,475 |
|
RMIT University |
123 |
55,000 - 65,000 |
40,24,773 - 47,93,148 |
University of Melbourne
One of Australia’s top-ranking universities, the University of Melbourne, offers a premium MBA experience. The tuition fee for its MBA program is AUD 75,000 (鈧�45,00,000). While the cost might be higher than average, students benefit from state-of-the-art facilities, top-tier faculty, and an extensive alumni network. Graduates also enjoy competitive salaries, making this a worthwhile investment for ambitious professionals.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
1 year |
|
Intakes |
January |
|
Fees |
AUD 75,000 (鈧�45,00,000) |
|
Salary Post MBA |
AUD 120,000 per year |
|
Admission requirements |
|
University of Sydney
With tuition fees ranging between AUD 60,000 and 70,000 (鈧�36,00,000–鈧�42,00,000), the University of Sydney’s MBA program stands out for its focus on innovation and leadership. It offers an excellent return on investment, equipping graduates with skills for global business success.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
18 months |
|
Intakes |
February |
|
Fees |
AUD 60,000 – 70,000 (鈧�36,00,000 – 鈧�42,00,000) |
|
Salary Post MBA |
AUD 110,000 per year |
|
Admission Requirements |
|
University of New South Wales (UNSW)
UNSW’s MBA program, priced at AUD 80,000 (鈧�48,00,000), is designed for ambitious professionals aiming for leadership roles. The program includes global exposure, industry projects, and robust career services, making it a favourite among international students.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
16 months |
|
Intakes |
January |
|
Fees |
AUD 80,000 (鈧�48,00,000) |
|
Salary Post MBA |
AUD 115,000 per year |
|
Admission Requirements |
|
Australian National University (ANU)
ANU offers an MBA program with tuition fees of AUD 52,000 (鈧�31,20,000). Known for its research-driven approach and small class sizes, ANU provides a personalised and immersive MBA experience.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
1.5 years |
|
Intakes |
February |
|
Fees |
AUD 52,000 (鈧�31,20,000) |
|
Salary Post MBA |
AUD 100,000 per year |
|
Admission Requirements |
|
Monash University
Monash University’s MBA program is priced at AUD 65,000 (鈧�39,00,000). Renowned for its focus on global business challenges and leadership, the program ensures graduates are equipped with the skills needed to excel in top-tier organisations worldwide.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
2 years |
|
Intakes |
January |
|
Fees |
AUD 65,000 (鈧�39,00,000) |
|
Salary Post MBA |
AUD 105,000 per year |
|
Admission Requirements |
|
University of Queensland
The University of Queensland offers an affordable MBA program with tuition fees of AUD 50,000 (鈧�30,00,000). The program is widely recognised for its emphasis on sustainability, innovation, and practical problem-solving.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
1 year |
|
Intakes |
January |
|
Fees |
AUD 50,000 (鈧�30,00,000) |
|
Salary Post MBA |
AUD 100,000 per year |
|
Admission Requirements |
|
University of Western Australia
With tuition fees of AUD 48,000 (鈧�28,80,000), The University of Western Australia provides an MBA program tailored for aspiring leaders. Its close ties to industries in Perth give students unique networking and internship opportunities.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
1 year |
|
Intakes |
February |
|
Fees |
AUD 48,000 (鈧�28,80,000) |
|
Salary Post MBA |
AUD 95,000 per year |
|
Admission Requirements |
|
The University of Adelaide
The University of Adelaide’s MBA program is one of the most cost-effective, with tuition fees of AUD 42,000 (鈧�25,20,000). The program is known for its focus on entrepreneurship and small business management, making it ideal for students with big ideas.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
1 year |
|
Intakes |
January, July |
|
Fees |
AUD 42,000 (鈧�25,20,000) |
|
Salary Post MBA |
AUD 85,000 per year |
|
Admission Requirements |
|
University of Technology Sydney
The University of Technology Sydney offers an MBA program with tuition fees of AUD 45,000 (鈧�27,00,000). Its strong industry connections and focus on real-world problem-solving make it a favourite among international students.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
1.5 years |
|
Intakes |
March, July |
|
Fees |
AUD 45,000 (鈧�27,00,000) |
|
Salary Post MBA |
AUD 90,000 per year |
|
Admission Requirements |
|
RMIT University
RMIT University’s MBA program is competitively priced at AUD 55,000 to 65,000 (鈧�33,00,000–鈧�39,00,000). The program emphasises innovation, design thinking, and global business practices, making it highly relevant to modern industries.
|
Detail |
Information |
|---|---|
|
Program Type |
Full-Time MBA |
|
Course Duration |
1.5 years |
|
Intakes |
February, July |
|
Fees |
AUD 55,000 – 65,000 (鈧�33,00,000 – 鈧�39,00,000) |
|
Salary Post MBA |
AUD 100,000 per year |
|
Admission Requirements |
|
Cost of 51成人导航ing MBA in Australia for Indian students
MBA fees in Australia generally cover only tuition and direct educational costs, excluding living expenses and other incidental costs. It's important to account for additional expenses such as accommodation, utilities, and daily living costs, as well as any extra fees related to student services or activities.
Pre-Arrival Cost of an MBA In Australia
1. Standardized Tests
To apply to any MBA program abroad, you must first ace an entrance exam that the university accepts. An entrance exam aims to help universities understand students' skills and knowledge in multiple subject categories. The entrance exams in Australia (such as the GMAT) for an MBA can vary from one university to another. Here are the popular entrance exams undertaken along with their respective fees:
|
Standardized Tests |
Fees |
|---|---|
|
AUD 286 - 319 (INR 15,000 - 16,500) |
|
|
TOEFL fees |
AUD 212 - 332 (INR 11,000 - 17,200) |
|
AUD 272 (INR 14,100) |
|
|
AUD 332 (INR 17,200) |
2. Air Tickets
Air ticket prices vary based on multiple factors such as arrival location, destination location, which brand of airfare you’ve chosen, timing of flights, which website you used to book the flight, number of stops, etc. Here is an overview to help you understand. Remember that the amounts can change based on where you’re traveling from and your arrival destination.
|
Route |
Average Price (in INR) |
|---|---|
|
Bangalore to Australia (one-way) |
INR 34,000 - 65,000 |
|
Mumbai to Australia (one-way) |
INR 36,000 - 84,000 |
|
Delhi to Australia (one-way) |
INR 20,000 - 50,000 |
Note: Major costs include Tuition and Cost of Living as discussed earlier in detail. MBA Tuition fees can be pre or post-arrival depending on the University, specialization, and scholarships availed, if any.
Post-Arrival Cost of an MBA In Australia
Living expenses are one of the biggest contributing factors to the post arrival cost of studying MBA in Australia. These costs can vary based on a student’s individual lifestyle choices.
International students will pay up to AUD 20,000/year (INR 11,20,000) to stay in Australia. Thus the table below shows your monthly expenses:
|
Factors |
Average MBA Cost in Australia (in AUD/month) |
Average MBA Cost in Australia (in INR/month) |
|---|---|---|
|
Accommodation |
AUD 297 - 743 |
INR 16,500 - 41,000 |
|
Food & Groceries |
AUD 208 - 416 |
INR 11,500 - 23,000 |
|
Transportation |
AUD 44 -89 |
INR 2,500 - 5,000 |
|
Household Bills |
AUD 14 - 29 |
INR 750 - 1,600 |
|
Shopping |
AUD 118 - 223 |
INR 6,500 - 12,300 |
|
Miscellaneous |
AUD 22 - 29 |
INR 1,200 - 1,600 |
Other Costs Incurred
With the above in mind, there are also other essential costs that you need to cater to. The top ones are:
1. Visa Fees
Before you arrive in Australia to study MBA at your dream university, you require a student visa. The Australian student visa fee is AUD 630 (INR 34,828), also referred to as subclass 500. Students with this visa can stay in Australia for more than 90 days.
2. Application Fees
Universities charge application fees to cover the admission process. While most universities now have eliminated this process, a few still enquire about the same. The cost of application fees is AUD 133 (INR 6,900).
3. Overseas Student Health Cover
International students should have overseas student health coverage to access healthcare in Australia. The costs range from AUD 609 - 3,438 (INR 33,000 - 190,000).
4. Proof Of Funds
To pursue an MBA in Australia, you should also provide proof of funds. The fund amount should be a minimum of AUD 20,290 (INR 11,21,000) annually.
Scholarships to Lower the MBA Tuition fees in Australia
Securing a can be challenging, but it's not impossible. Several prestigious universities and external organizations offer merit-based and need-based scholarships that can significantly reduce your financial burden of paying MBA fees in Australia. Let's explore some options to help you navigate the scholarship landscape for your Australian MBA journey.
Let us look at some scholarships available for studying an MBA in Australia.
|
University |
Scholarship |
Eligibility |
Award Value |
|---|---|---|---|
|
Melbourne Business School |
Kraft Heinz Scholarship |
Full-time and part-time MBA applicants |
5 awards, 12,000 AUD each |
|
Melbourne Business School |
MBS Scholarships |
Students pursuing Full-time MBA, Executive MBA, Senior Executive MBA |
Variable |
|
Melbourne Business School |
Diversity Excellence Scholarships |
Full-time MBA students |
50,000 AUD |
|
Adelaide Business School |
Adelaide MBA Scholarships |
Formal application for entry into the full-time Adelaide MBA program |
Tuition fees |
|
University of Sydney |
UOW Postgraduate Academic Excellence Scholarship |
International student with at least 75% overall score |
30% tuition fee |
|
University of Sydney |
UN Women NC MBA Scholarships in Australia |
Students eligible for admission to the part-time MBA |
60,000+ AUD |
Application Process for MBA in Australia
Applying for an MBA in Australia is straightforward if you know the steps. Here's a simple breakdown to help you stay on track:
- Choose Your Program and University: Research MBA programs and pick the one that suits your goals. Compare tuition fees, specialisations, and career outcomes before deciding.
- Check Eligibility Requirements: Each university has its own criteria. Most require a bachelor’s degree, work experience (2–3 years), and a GMAT score. Also, ensure you meet the English language requirements (e.g., IELTS or TOEFL scores).
- Prepare Essential Documents: Gather the essentials like Academic transcripts, Updated CV, Statement of Purpose (SOP), Letters of Recommendation (LORs), Test scores (GMAT, IELTS, etc.)
- Submit Your Application Online: Visit the university’s website and complete your application form. Double-check for accuracy before hitting submit!
- Pay the Application Fee: Most universities charge an application fee, usually between AUD 100 and 200 (鈧�5,600–鈧�11,200).
- Attend Interviews (if required): Some universities may call you for an interview to assess your fit for the program. Be prepared to highlight your skills and goals.
- Receive Your Offer Letter: If selected, you’ll receive an offer letter. Accept it by following the instructions and paying the required deposit.
- Apply for a Student Visa: Once your admission is confirmed, apply for the Subclass 500 visa. Ensure you have proof of funds and health insurance.
- Plan Your Travel and Accommodation: Book your flights and arrange accommodation. You’re all set for an exciting MBA journey in Australia!
From the Desk of 51成人导航
An MBA is one of the popular business programs that students around the globe pursue. Students are always on the lookout to pursue this program at the top university. Thus, Australia has become a prominent choice due to its quality MBA education. Now that you have the cost of studying for an MBA in Australia, it’s time to make a confident academic decision.
Find the MBA university that best fits your academic and professional goals. Join 51成人导航 Premium and Speak with our study abroad experts today. With over 15 years of experience, they’ll help you achieve your dream of pursuing an MBA in Australia.
