Australian institutions are well-known around the world for having some of the most effective MBA programs.
The MBA can be described as a graduate-level degree in business administration that defines the steps to becoming senior executives and business professionals. As one of the most sought-after courses around the globe, An extensive MBA program provides a solid base in the fundamentals of business, including finance, accounting, marketing and management, strategic thinking, business ethics, and human resources. MBA students examine case studies to assess their business knowledge and be adept in managing different business sectors.
MBA in the context of an Australian institution
The breathtaking views of Australia, its modern living, lively cities, extensive coastline, modernized infrastructure, and warm culture are just some of the factors that make it a desirable area to live and study. Every year, a lot of students decide to enrol in a management course in Australia because of:
A broad range of specializations you could choose your concentration of an MBA from a variety of specializations that Australian institutions provide, such as the management of education, sports and sports to general subjects like finance and banking.
Astonishing education program: Presently, 50 Australian universities offer special MBA programs. They offer 'Harvard-style management degrees that offer approximately 16 business-related subjects that are taught fully-time, over 16 months and two years. The 16-month MBA program is offered by institutions that use a trimester-based system to reduce the costs of the MBA degree for their students.
High-quality education: The MBA programs in Australia are recognized globally for their orientation and current curriculum in accordance with the latest standards in the industry.
All-round development for students: The Australian education system is based on both theoretical and practical education to concentrate on the development of students, enhance their interpersonal, communication, and leadership skills, and encourage independence and confidence in them.
Choosing what to go for a study
The most crucial factors for deciding to pursue an MBA at an Australian institution are the quality of facilities, a good infrastructure, and/or low tuition costs. Other aspects of being aware of before settling on an institution include the ranking of the institution, its curriculum and faculty, accreditations from international institutions and the availability of scholarships.
Eligibility requirements
The requirements for entry depend on the kind of certification you're looking to choose. In general, there are two choices: the General Management course (i.e. learning about general management subjects or with a particular focus on any particular industry) and a Master of Business Administration (MBA).
We suggest you look up the requirements for admission to the institution you choose or contact an IDP expert in international education who will guide you through the correct information. The most commonly used requirements are:
You may be required to take the GMAT test since most institutions require a score that is high.
The majority of institutions require an undergraduate degree of 3 or 4 years. Degree, and the minimum score of 60%.
It is possible that you will require at least three years of managerial prior to applying. Some universities will accept students who have no prior knowledge.
You must also provide your English proficiency scores, like IELTS Band scores.
Cost to study MBA in Australia
The cost of tuition for the MBA in Australia differs from one institution to the next and could range from AUS $50,000* to AUS 81,400$. In 2019, particular programs such as an Executive MBA at the University of Melbourne offered fees of around AUS $126,000*, whereas an Executive Master of Business Administration (EMBA) cost around AUS $13,500*.
Certain programs, such as the Master of Business Administration and Master of International Commercial Law at the University of Western Australia, cost around AUS 122,500*.
Indicates the cost
Course duration
An average MBA course at an Australian institution runs for 15 months to two years. Some universities also offer an all-year MBA course.
The best career choices
When you've completed the requirements for your MBA qualification, you will be able to explore a myriad of possibilities and select any of the roles you'd like to play, including Account Director Account Manager, Account Director Business Relationship Manager, Sales Manager Senior Account Director Business Development Director, Manager of Business Development Co-Founder of the Company Director of the Company the Finance Director and Finance Manager General Manager of Finance And Administration, General Manager Operations, Construction Manager Health Services Administrator IT Project Manager Marketing Manager, Digital Market Director, Manager of Operations brand manager, Warehouse Manager Senior Product Manager Principal Program Manager Director of Sales and Marketing, and Regional Sales Manager.
Visa for work post-study
A work permit is required to work and stay in Australia following the completion of the course. It is the most popular work visa available to international students who are looking for work visas in Australia. It is possible to reach out to your IDP counsellor for more information about the details of this.
Visa Duration
Typically, between 2 and 4 years, contingent upon the person's qualifications
Student visa for temporary students (subclass 485)
It could take anywhere from 6-12 months to process your visa. This temporary visa is valid for a minimum of 18 months to 4 years. It is available to any student who has completed a minimum of two years of studies in Australia.
With the variety of options for internships and the possibility of placement, Australia stands out in the market for preparing qualified MBA professionals. This is why the majority of students choose to invest their money in the pursuit of the MBA course in Australia