MBA in Australia for Indian Students: Admission, Fees & Scholarships

In today’s globally competitive world, an MBA from a reputed international university can significantly elevate your career trajectory. Among the top destinations for business education, Australia stands out for Indian students seeking quality education, world-class infrastructure, multicultural exposure, and excellent post-study work opportunities.

In this guide curated byPlanet Education — one of the best abroad education consultants in India — we’ll walk you through everything you need to know about pursuing an MBA in Australia for Indian students, including top universities, admission requirements, tuition fees, scholarships, and job prospects.

Why Study MBA in Australia?

Australia offers several compelling advantages that make it an ideal destination for Indian students pursuing an MBA:

🌐 Global Recognition
Australian MBA programs are globally accredited (AACSB, EQUIS, AMBA), offering degrees recognized by employers and institutions worldwide.

🎓 High-Quality Education

Top Australian universities such as The University of Melbourne, University of Sydney, and Monash University are consistently ranked among the best in the world.

🤝 Industry Integration

MBA curriculums are industry-focused with internships, live projects, and collaboration with global brands like Google, Deloitte, PwC, and EY.

💼 Post-Study Work Visa (PSWV)

Australia offers up to 2–4 years of post-study work visas, providing a great chance to gain global experience.
🌍 Multicultural Environment

Australia is home to a diverse student community, making it a safe and welcoming space for Indian students.

📈 Pathway to PR

An MBA can serve as a stepping stone toward Permanent Residency (PR) in Australia, a major attraction for international students.

Top MBA Colleges in Australia for Indian Students

Here are some of the best MBA colleges in Australia for Indian students, based on global rankings, ROI, and industry links:

 
                Top MBA Programs in Australia (QS 2025)
            
                            University
                            QS Global MBA Ranking (2025)
                            Duration
                            Estimated Tuition Fees (AUD)
                        
                            University of Melbourne (Melbourne Business School)
                            Top 30
                            1 year
                            94,000
                        
                            University of New South Wales (AGSM)
                            Top 40
                            1–1.5 years
                            91,500
                        
                            Monash University
                            Top 100
                            2 years
                            88,000
                        
                            University of Sydney
                            Top 50
                            18 months
                            90,000
                        
                            University of Queensland (UQ Business School)
                            Top 100
                            1 year
                            84,648
                        
                            Macquarie University (MGSM)
                            Top 100
                            1–2 years
                            80,000
                        
                            RMIT University
                            Top 200
                            2 years
                            70,000
                        
                            Deakin University
                            Top 250
                            2 years
                            65,000
                        
                            La Trobe University
                            Top 300
                            1.5 years
                            58,000

University	QS Global MBA Ranking (2025)	Duration	Estimated Tuition Fees (AUD)
University of Melbourne (Melbourne Business School)	Top 30	1 year	94,000
University of New South Wales (AGSM)	Top 40	1–1.5 years	91,500
Monash University	Top 100	2 years	88,000
University of Sydney	Top 50	18 months	90,000
University of Queensland (UQ Business School)	Top 100	1 year	84,648
Macquarie University (MGSM)	Top 100	1–2 years	80,000
RMIT University	Top 200	2 years	70,000
Deakin University	Top 250	2 years	65,000
La Trobe University	Top 300	1.5 years	58,000

For the most accurate updates and admissions guidance, consult with Planet Education – the best abroad education consultants in India.

Eligibility Criteria for MBA in Australia

Here’s what Indian students typically need to apply for an MBA in Australia:

🎓 Academic Qualifications

A bachelor’s degree in any discipline from a recognized university.
Minimum aggregate: Usually 60% and above.

📝 Work Experience

Most Australian MBA programs prefer 2–3 years of professional work experience. Some executive MBA programs may require more.

📊 GMAT or GRE Scores

While not always mandatory, a competitive GMAT score (650+) strengthens your application.
Some universities may waive the GMAT for students with strong academic or professional backgrounds.

💬 English Language Proficiency

IELTS: Minimum 6.5 overall, with no band less than 6.0.
TOEFL iBT: 79–100.

PTE: 58–64 (many Australian universities accept PTE).

MBA Admission Process for Indian Students

Here’s a step-by-step guide to applying for an MBA in Australia:

Step 1: Research and Shortlist

Choose universities based on your specialization, budget, and location preferences. Planet Education can help you with personalized shortlisting.

Step 2: Prepare for Exams

Take the required exams like IELTS/PTE and GMAT/GRE, depending on university requirements.

Step 3: Apply to Universities

Prepare a strong application with:

Academic transcripts
Resume/CV
Statement of Purpose (SOP)
Letters of Recommendation (LORs)
Valid passport

Step 4: Attend Interviews (if required)

Some top B-schools like AGSM may conduct interviews.

Step 5: Receive Offer Letter

Once selected, you’ll receive either a conditional or unconditional offer letter.

Step 6: Apply for Student Visa (Subclass 500)

Required documents: COE (Confirmation of Enrolment), proof of funds, health insurance, SOP, and passport.

Cost of Studying MBA in Australia

The cost of an MBA in Australia for Indian students includes tuition fees, living expenses, and other miscellaneous charges.

📘 Tuition Fees

Range: AUD 58,000 to 94,000 (Approx. INR 32–52 lakhs)

🏠 Living Expenses

Around AUD 21,000 per year as per Australian immigration requirements.

Cities like Melbourne, Sydney, and Brisbane have slightly higher costs.

Scholarships for Indian Students Pursuing MBA in Australia

Several scholarships are available to ease the financial burden:

    
                 Popular MBA Scholarships in Australia
            
                            Scholarship
                            Offered By
                            Value
                        
                            Melbourne Business School MBA Scholarships
                            University of Melbourne
                            Partial to full tuition
                        
                            AGSM Global Reach Scholarship
                            UNSW Business School
                            Up to AUD 50,000
                        
                            Monash International Leadership Scholarship
                            Monash University
                            100% tuition fee
                        
                            UQ International Scholarships
                            University of Queensland
                            AUD 5,000–10,000
                        
                            La Trobe Excellence Scholarship
                            La Trobe University
                            Up to 25% tuition fee waiver

Scholarship	Offered By	Value
Melbourne Business School MBA Scholarships	University of Melbourne	Partial to full tuition
AGSM Global Reach Scholarship	UNSW Business School	Up to AUD 50,000
Monash International Leadership Scholarship	Monash University	100% tuition fee
UQ International Scholarships	University of Queensland	AUD 5,000–10,000
La Trobe Excellence Scholarship	La Trobe University	Up to 25% tuition fee waiver

MBA Specializations in Australia

Australian universities offer a wide variety of MBA specializations catering to industry needs:

Finance
Marketing
Human Resource Management
International Business
Entrepreneurship
Operations & Supply Chain
Information Technology
Sustainability & CSR
Healthcare Management

Jobs and Career Opportunities after MBA in Australia

💼 Popular Roles:

Business Analyst
Project Manager
Marketing Manager
Financial Analyst
Product Manager
Operations Manager
HR Business Partner
Strategy Consultant

🏢 Top Recruiters:

Deloitte
PwC
KPMG
EY
Accenture
IBM
Amazon
Westpac
NAB
Telstra

💰 Average Salary After MBA:

Starting salaries range from AUD 75,000 to 120,000 annually

Salaries may increase significantly with experience and specialization.

Post-Study Work Visa and PR Opportunities

🛂 Post-Study Work Rights:

2–4 years PSW visa under Temporary Graduate Visa (Subclass 485) based on course level and location.

🏡 PR Pathway:

An MBA can contribute points toward Australia's PR system under the Skilled Migration Program, especially when coupled with work experience and regional study.

Best Cities in Australia for MBA Students

📍 Melbourne

Home to University of Melbourne, Monash University, and rich cultural life.

📍 Sydney

Hub of finance and tech industries. Features University of Sydney, UNSW, and MGSM.

📍 Brisbane

Affordable and vibrant. Offers universities like UQ and QUT.

📍 Adelaide & Perth

Great for regional study benefits, scholarships, and PR points.

Why Choose Planet Education for MBA in Australia?

At Planet Education, we are more than just consultants. We are your career partners.

✅ What Makes Us the Best Abroad Education Consultants in India?

24+ years of experience
35+ global offices including Ahmedabad, Chennai, Mumbai, and Hyderabad
100,000+ students successfully placed worldwide
Official representatives of top Australian universities
Free counseling, profile evaluation & application assistance
Expert visa guidance with high approval rates

Whether you're in Ahmedabad, Chennai, or Delhi, our expert counselors can help you choose the right course, apply to the best MBA colleges in Australia, and unlock global career opportunities.

Final Thoughts

Pursuing an MBA in Australia for Indian students is more than just getting a degree—it's a gateway to global opportunities, cultural exposure, and a brighter future. With world-class universities, strong industry ties, excellent work rights, and PR potential, Australia is undoubtedly one of the best countries for international students to study and work.

If you’re planning your MBA abroad, start early and partner with trusted experts like Planet Education to make the process smooth and successful.

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MBA in Australia for Indian Students: Admission, Fees & Scholarships

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Explore MBA in Australia for Indian students—top universities, admission process, fees, scholarships & career scope. Start your global journey with Planet Education.

Planet EducationJune 20, 2025