If there is one challenge that most MBA students share, it's finding the right balance between work, study, and family time, given each subject requires about 15 hours of study. Fortunately, when you study online with leading Australian universities through us, you have the flexibility to achieve study-life balance.
A. Yes, it is definitely worth studying in Australia because, Australia is one of the top 5 international countries which offers MBA degree that is recognised globally. Moreover, MBA admissions in Australia are tough but its worth getting admission because of good internship and placement opportunities.
The job prospects for MBA graduates in Australia are good. There are several top-ranked business schools in the country, and their graduates are highly sought-after by employers. The skills that MBA students learn, such as critical thinking, problem-solving, and teamwork, are in high demand by Australian businesses.
There are countless MBA jobs in Australia. The job opportunities in Australia after an MBA are increasing exponentially. Recruiters are often strongly biased towards MBA graduates in finance, accountancy, human resources, supply chain, operations, sales and marketing, program management, and business development.
Basic Eligibility Criteria for an MBA in Australia.
Bachelor's Degree – A relevant Bachelor's degree with a minimum GPA of 3.3 – 3.5 / 4.
Can we get PR in Australia after MBA? For MBA students, the only option available is the post-study workstream. This stream is there for students who began their studies after November 2011.
Why choose Australia over Canada for international students? Since Australia has more QS world ranking universities, its education system is better than Canada's. Some of the popular fields in Australia are Information Technology, Hotel Management, Education, MBA, Healthcare, and Business Administration.
Although it can vary from institution to institution, a full-time MBA degree will generally span over six trimesters, or (on average) two years. Within this same time framework, you can choose to complete a general MBA, an MBA specialisation or an MBA dual specialisation.
Generally, to study in Australia, you need to score a minimum 6.5 overall in IELTS, with no band less than 6.0 for your postgraduate degree.
Post-MBA work visa in Australia
Once graduated, you can apply for the Temporary Graduate Subclass 485 visa which will allow you to work for 18 months in Australia. For international MBA students to be eligible for the '485 visa', they must have studied for at least 16 months in Australia.
The UK is known for its University of Cambridge, while Australia, is home to many top-ranking universities like the University of Melbourne, ANU, etc. are recognised both nationally and internationally and rank among the top 100 as per QS World University Rankings and THE World University Rankings.
But the truth is, the demand for MBA graduates is only predicted to increase. According to the 2021 GMAC Corporate Recruiters Survey results, 91 per cent of the responding recruiters reported plans to hire recent MBA graduates. Clearly, employers value the business leadership skills you learn during an MBA.
The average MBA salary in Australia is AUD 136,913. The minimum MBA in Australia salary is AUD 85,000. The highest MBA salary in Australia is AUD 305,000.
There are many benefits to having an MBA, but one of the most important is its effect on your salary. In Australia, MBAs can lead to significant increases in earnings, making it a great investment for those looking to further their careers.
The average cost of studying MBA in Australia is 47 lakhs INR. The cost of MBA in Australia ranges from 10-27 lakhs INR per year across various universities. Students can waive off these expenses with merit based scholarships covering up to full tuition fees.
Australia v/s Canada PR visa processing time
In comparison, the processing time for an Australian PR visa is only 61 days. The main difference between the two countries is that Canada requires a more comprehensive application process. This includes submitting documents such as police reports and income tax returns.
As a result, you could save approximately 20 to 40 lakhs a year and repay the loan (if you had taken one). Therefore, it is totally worth pursuing MBA from Australia if you are doing it from one of the best universities. We have helped many students get admissions into their dream university.
Canada offers academic expertise in several disciplines, such as Business Management, Nursing, Engineering, Media, Hospitality and Computer Science. In contrast, Australia offers educational expertise in fields like Information Technology, Accounting, Education, Healthcare, MBA, and Hotel Management.
University of Melbourne, Melbourne Business School
Melbourne Business School is your place if you are looking for real-life business exposure in an exciting city. The MBA here is ranked best in Australia by The Economist. The curriculum offers a breadth of knowledge and opportunities applicable to real-world settings.
Many universities have started to offer one-year MBA programs like the University of Queensland, the University of Western Australia, and Melbourne Business school. To study an MBA in Australia, you require a bachelor's degree, some work experience, and a good GMAT score.
The Master of Business degree is of four semester's duration full-time and includes nested programs at Graduate Certificate (one-semester full time) and Graduate Diploma (two semesters full time) levels.