Pursuing an MBA (Masters in Business Administration) in Australia is a significant decision that opens the door to immense opportunities and global perspectives. Australia is home to some of the reputed B-schools across the globe, and 40% of Australian universities are featured in the Top 200 latest QS World Ranking.
MBA in Australia Highlights
- The Australian MBA market is worth about $500 million per year
- More than 30 universities in Australia offer MBAs in different specialisations
- 40% of Australian Universities feature in the Top 200 latest QS Worldwide Rankings
- Up to 80% of international students are pursuing an MBA in Australia
- 75 MBA programs are internationally acclaimed and globally renowned, most affiliated and accredited by AACSB and EQUIS
- The cost of MBA education in Australia is highly competitive, with a price range between $AUD 15,000 to $AUD 90,000
Business schools in Australia provide a solid foundation for career development, high-quality education, and a thriving ecosystem for future professionals. Learn more about the best MBA programs in Australia below and begin your journey towards studying in Australia by arranging a free consultation today.
MBA in Australia Facts
Total Number of MBA Universities in Australia | 50+ |
Duration | 1 to 2.5 years |
MBA Specialisations Available | Marketing, finance, accounting, human resource management, economics, healthcare management, international business, supply chain management, etc. |
Admission Requirements | GPA- 50 to 70% | GMAT 550+| IELTS/PTE/TOEFL | Work experience – 2 to 3 years in the relevant industry |
Average Tuition Fees | $AUD 15,000 to $AUD 90,000 |
Internship and Placement Opportunities | Offered by Australian Universities |
Types of MBA in Australia | General MBA, Executive MBA, and MBA with specialisation |
Average Salary Pay Scale | $AUD 85,000 – 305,000 |
Top Recruiters | Barclays, Woolworths, HSBC Global Asset Management, and JP Morgan. |
Top 10 MBA in Australia
Here is the list of the best MBA programs in Australia according to the QS Global MBA Rankings 2025: Oceania.
1. The University of Melbourne
The University of Melbourne is Australia’s second-oldest university and one of the most prestigious in the world. Its Melbourne Business School offers a globally respected MBA programme ranked #1 in Australia (QS World University Rankings 2024). With flexible full-time, part-time, and online options, the MBA is designed to transform career trajectories through leadership development, practical experience, and strong industry exposure.
The programme features the Personal Effectiveness Program, connecting students with senior business leaders through immersive, real-world projects. Graduates emerge with enhanced adaptability, strategic thinking, and leadership capabilities.
- Popular course: Full-time MBA
- Entry requirements: Bachelor’s degree from a recognised university with at least two years of work experience; GMAT-560 | GRE – 310
2. University of New South Wales
The Australian Graduate School of Management (AGSM) at UNSW Sydney is one of the top 10% of global business schools. The AGSM MBA is ranked 31st globally (QS Global MBA Rankings 2023) and offers a rigorous, career-focused education for aspiring global leaders.
With a strong emphasis on peer-to-peer learning, leadership development, and global impact, the full-time MBA is designed to sharpen communication, cultural awareness, and critical thinking—making graduates highly competitive in international markets.
- Popular course: Full-time MBA
- Entry requirements:– Bachelor’s degree with a good GMAT score
3. The University of Sydney
The University of Sydney Business School offers one of Australia’s most highly regarded MBA programmes, holding Triple Accreditation (AACSB, EQUIS, AMBA). Ranked 19th globally (QS 2024) and 4th in Australia (ARWU 2023), the university delivers academic excellence with a focus on global leadership.
The MBA programme is designed for future-focused professionals. With a practical curriculum covering finance, marketing, strategy, and leadership, students also have the opportunity to undertake internships and gain international exposure. The employability rate stands at 80%, and the programme ranks #1 in Australia for MBA and Master of Management.
- Popular course: Full-time MBA
- Entry requirements: Bachelor’s degree with at least three years of experience and English language proficiency test.
4. The University of Queensland
The University of Queensland is one of Australia’s top research universities, ranked 50th globally (QS 2024) and part of the prestigious Group of Eight. Its MBA programme, offered through UQ Business School, is ranked #1 in Australia by The Economist MBA Ranking 2022.
The curriculum focuses on leadership, innovation, and entrepreneurship. Students benefit from tailored support, executive coaching, and career mentoring. The programme is available in both full-time and flexible formats, including an online MBA for working professionals.
- Popular course: Online MBA Australia
- Entry requirements: Bachelor’s degree in any discipline with a GMAT score of 550.
5. Macquarie University
The Macquarie Business School delivers a future-focused MBA designed to prepare graduates for leadership in a rapidly evolving global economy. The curriculum integrates core business management disciplines with specialisations in areas such as accounting, business analytics, cyber law, and human resource management.
The programme includes collaborative projects and experiential learning opportunities. It aims to develop strategic thinking, adaptability, and leadership skills that are highly valued in international business environments.
- Popular course: MBA
- Entry requirements: Bachelor’s degree with GRE/GMAT scores and English Language Proficiency Test. Minimum three years of full-time equivalent work experience at a managerial/professional level
6. University of Western Australia
The University of Western Australia is a member of the prestigious Matariki Network and consistently ranked in the global top 100. Its MBA programme is designed to build practical business knowledge and strong leadership skills through team-based projects and experiential learning.
Students can choose from full-time and part-time study modes, with a curriculum built around strategic decision-making, financial acumen, and real-world business challenges. The programme is structured to provide personalised support and career readiness for both early- and mid-career professionals.
- Popular course: Master’s in Business Administration
- Entry requirements: Bachelor’s degree with at least three years of experience and an English language proficiency test.
7. RMIT University
RMIT University is one of Australia’s leading institutions for business and innovation. Located in the heart of Melbourne, RMIT’s MBA programme is designed to develop strategic leadership, critical thinking, and applied business skills. The course is ideal for professionals looking to fast-track their career or pivot into leadership roles across industries.
RMIT’s MBA is delivered by experienced academics and industry leaders and integrates real-world business projects, networking opportunities, and flexible learning options including part-time and online study.
Popular course: MBA
Entry requirements: Bachelor’s degree, minimum three years of professional work experience, and English language proficiency.
8. University of South Australia
The University of South Australia (UniSA) offers an MBA programme that combines rigorous academic learning with practical, industry-relevant experiences. Ranked 10th in Oceania, the course is designed to develop advanced leadership capabilities, creative problem-solving, and strategic decision-making. Students gain insights through case studies, simulations, and access to a strong network of industry mentors.
The programme is offered over 1.5 or 2 years and is suited for professionals seeking to enhance their business acumen in a dynamic and supportive learning environment.
- Popular course: MBA
- Entry requirements: Bachelor’s degree with GRE/GMAT scores and English Language Proficiency Test. Must have three years of relevant work experience.
9. University of Technology Sydney
The University of Technology Sydney (UTS), established in 1988 and accredited by TEQSA, is one of Australia’s most innovative universities. Academically affiliated with ATN, UA, and WUN, UTS ranks 9th in Australia and 90th globally according to the QS World University Rankings 2023. It also holds a strong position in the THE World Rankings and has an employability rate of 85.7%.
The UTS MBA is tailored for professionals seeking career progression, offering flexible full-time (2 years) and part-time (4 years) options. The curriculum includes career development programmes co-created with industry leaders and focuses on building real-world skills and leadership capacity.
- Popular course: Online MBA Australia
- Entry requirements: Bachelor’s degree with GRE/GMAT scores and English Language Proficiency Test. Must have three years of relevant work experience.
10. University of Wollongong
The University of Wollongong (UOW) offers a globally recognised MBA programme designed to equip students with advanced business knowledge and leadership skills. With campuses in major Australian cities and a strong global alumni network, UOW combines academic rigour with real-world relevance.
The MBA programme focuses on innovation, sustainable business practices, and strategic thinking. Students have the option to tailor their degree through specialisations such as finance, marketing, international business, or supply chain management.
- Popular course: MBA
- Entry requirements: Bachelor’s degree, minimum three years of relevant work experience, and English language proficiency.
Advantages of Studying an MBA
An MBA or Master’s in Business Administration is a highly career-oriented programme that outlines the process of working as a business professional. It has an extensive curriculum that comprises a strong foundation in business fundamentals, finance, management, accounting, marketing, business ethics, managerial skills, human resource management, and more. Business professionals can examine case studies to analyse their proficiency in handling various business segments.
- It opens the door to high-level management positions and leadership roles in various industries.
- MBA graduates tend to command higher salaries than those with a bachelor’s degree.
- The MBA programs provide a comprehensive education in various aspects of business, thus equipping students with a broad skill set.
- The courses often attract diverse professionals, building a solid network that can be invaluable for future career opportunities and collaborations.
- Graduating from the best MBA university can enhance your professional reputation and credibility in the business world.
Why Study an MBA in Australia?
- An MBA in Australia is a blend of practical and theoretical knowledge that polishes the basic skills and tools necessary for business problem-solving.
- Australia offers quality education by promoting the all-round development of a student, focusing on developing communication, personal, and leadership skills to encourage creativity amongst students.
- The MBA cost in Australia is inexpensive, and many scholarships and financial aid are provided to support students’ economic status.
- Courses prepare students for senior management positions and provide an intensive understanding of global business and practices.
- Lastly, Australia has an incredible lifestyle and friendly atmosphere that attracts a diverse range of local and international students.
Study MBA in Australia
Are you interested in studying for an MBA at an Australian business school? Arrange a free consultation today, and we can discuss your available study options, how to apply, and what entry requirements must be met.
FAQs
Is it worth getting an MBA in Australia?
Australia has a strong economy, which provides abundant opportunities for MBA graduates. As of 2022, the overall employability rate for PG international students is 57.9%. An MBA in Australia can lead to high-paying jobs in companies like Microsoft, EY, and West Corp.
Which MBA is in high demand in Australia?
MBA in Finance and Human Resource Management are in high demand in Australia. Some popular work profiles are HR Manager, Data Scientist, and Talent Acquisition Manager. Also, an MBA in accounting, leadership, and international business has a great career scope.
Is it easy to get PR after an MBA in Australia?
Yes, students who have completed their master’s can get PR quickly. However, they must meet specific requirements, such as English language proficiency and educational qualifications.
Can I get a job in Australia after my MBA?
Job opportunities in Australia are increasing exponentially. There’s a high demand for MBA graduates in finance, accounting, human resource management, sales, and marketing. The average pay for an MBA graduate is $AUD 136913, which can go up to $AUD 305 000.
How long can I stay in Australia after completing my MBA?
Following their MBA graduation, students can apply for a Temporary Graduate Subclass 485 Visa, which allows them to stay for up to 18 months. However, they must study in Australia for at least 16 months to get a work permit.
How much does living in Australia while studying for an MBA cost?
International students’ average annual living expenses can range between AUD 30,000 and 34,000, and their average monthly expenses can reach $2,000.
Can I do an MBA in Australia without a GMAT?
Yes, many MBA colleges in Australia offer MBA admission without a GMAT. However, they consider work experience, academic qualifications, and professional achievements.
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