Australia is one of the top countries in the world when it comes to the highest standards of education, and this has made it essential, and one of the choicest study-abroad destinations. There are many universities in Australia with some of them ranked very highly in the world.
When it comes to MBAs, some of the top schools are Melbourne Business School, University of Queensland, University of Australia, etc. However, these schools are usually too expensive for international students looking to advance their studies in developed nations, and build a better foundation for their career.
Another thing to consider is the cost of living in Australia. Places like Sydney, Melbourne, etc have a high cost of living, which might be beyond the budget of the average international student. Generally though, the cost of living in Australia compared to other English speaking countries is low, and thus a safe option.
Australia is also safe for students, and conducive for learning. Intending international.students have to pass standard exams like SAT, GRE or GMAT, and English proficiency tests like IELTS, TOEFL or PTE. Some universities also offer scholarships which can help cover cost of tuition. There’s also opportunity to work and study, with an average pay of about 20 AUD per hour.
The schools listed below cover the cheapest MBAs available in Australia based on cost of tuition:
Kaplan Business School: this is a private college located in Adelaide, South Australia, Australia. The Master in Business Administration program lasts for 2 years, and is designed to provide students with practical skills that enable them to develop themselves to Qlevels that allow them thrive in the global and ever-changing business world. There are some specializations available in this program for students to choose from, eg Project management, health services management, digital management, etc. The tuition for international students is about 22,800 AUD per year.
Holmes Institute: this is a private college located in Brisbane, Queensland, Australia. The Master in Business Administration lasts for three trimesters, and is designed to equip students with the ability to think strategically, and implement that in planning and management. Students will be taught skills required to be problem solvers, and ones that help them to critically evaluate opportunities. If you’re aspiring to be a manager, or are already in business and management, this course is for you. The tuition fee is set at 9,600 AUD per trimester, thus equalling 28,800 AUD for the entire program.
Charles Darwin University: this is a public university located in Casuarina, Northern Territory, Australia. The Master of business administration (professional practice) program lasts for two years, and can either be taken on campus or online, and students are allowed to design their coursework based on their areas of interest. This program is designed to develop the students’ skills in a number of areas including, but not limited to organizational strategy, business research, negotiation and conflict management, decision making etc. The cost of tuition for this program is about 32,760 AUD annually.
Edith Cowan University: this is a public university located in Joondalup, Western Australia, Australia. The Master of Finance and Banking program lasts for 2 years, and is designed specially for students whose first discipline isn’t Finance. A lot of focus is aplaced on decision making, thus students will be equipped with skills necessary to analyze, evaluate and implement strategies that aid effective financial management. This MBA has 13 specializations from which can select from. Tuition fee costs $31,400 annually.
Victoria University: this is a public university located in Melbourne, Victoria, Australia. The Master of Business (Enterprise Resource Planning Systems) lasts for 2 years and is designed to provide in-depth knowledge of how Systems Applications and Products software work. Victoria University is recognized globally for their high education standards when it comes to SAPs and ERPs. Students will be equipped with computing and business skills needed to ensure that they’re able to apply trends in solving real-life problems. The tuition cost is about 38,560 AUD yearly.
Central Queensland University: this is a public university located in Rockhampton, Queensland, Australia. The Master of International Business program lasts for 1.5 years, and is designed to help students gain skills needed to work in an organization. The courses taught in the program draw from specialized business and management areas. It can be taken online or on campus. The cost for tuition is about 40,320 AUD annually.
IIBIT: this is a private college located in Sydney, New South Wales, Australia. The Master of Business Administration program lasts for 2 years, and is designed to equip students with skills needed for analysis, problem-solving and creative thinking. If you’re a professional from any discipline and interested in taking up a general management role. The curriculum follows laid down guidelines of the United Nations PRME (Principles for Responsible Management Education) initiative. The tuition fee is 28,800 AUD per year.
Federation University: this is a public university located in Ballarat, Victoria, Australia. The way the Master of Business Administration program is run, you either take a 16-course program over 2 years, or a 12-course program over 1.5 years if you have previous experience or study in the field of business. Skills such as business, human resource management, finance, and marketing will be learnt. The tuition fee is about 28,800 AUD annually.
University of Southern Queensland: this is a public university located in Toowoomba, Queensland, Australia. The Master of Business Administration (General) lasts for 1.5 years, and is designed to help students gain advanced analytical skills which help them understand change, make critical decisions about it, and develop strategies to address them. Students are also allowed to choose three courses from the specialization courses, allowing them do something outside of their work. The cost of tuition is 47,040 AUD annually.
Southern Cross University: this is a public college located in Sydney, New South Wales, Australia. The Master of Business Administration program lasts for 2 years and is designed in such a way that students can choose four foundation units, eight core units, two elective unitrs and a specialization. Students will learn across several business disciplines, then pick one to specialize in. The tuition cost is 32,400 AUD annually.
There’s always need to research more on your school of interest, so as to learn of other fees, scholarships and funding opportunities, the cost of living in that city, etc. Good luck as you advance your career!