Resident and international students in Australia can apply for three types of academic programs in Australia.
Full-time MBA: It is designed for graduates who want to devote their entire time to pursuing the course. These programs conduct classes throughout the day on weekdays. The courses usually length from 15 – 24 months.
Executive MBA: This program is designed for professionals with at least 3 years of working experience. Usually, this program ends within 1.5 years.
Global MBA: This program is built to give an international perspective on the concepts and theories taught in the MBA curriculum. They are usually completed in 24 months.
Top MBA specialisation In Australia
More than 50 universities in Australia offer nearly 75 MBA programs. The most popular ones include the following:
1. Finance
An MBA program in Australia equips a student with skills that can help them excel as finance specialists in the core finance and investment sector. After completing an MBA in finance from the best Australian universities, one can:
- Have a deeper understanding of the financial principles
- Using these principles practically in the global finance market, corporate financial strategy, derivative market and their related markets
Best places to pursue MBA in Finance in Australia:
- University of South Australia
- Western Sydney University
- University of Newcastle
2. Marketing
Besides finance, most students opt for specialisation in Marketing from the finest MBA colleges in Australia. After completing the MBA in Marketing, students can:
- Deal with job roles that include trade and commerce in a business organisation.
- Manipulate and predict the marketing environment for an organisation
- Recognise the products, processes and approaches for market research, pricing, decision making and communicating for required profits in the market
Best places to pursue MBA in Marketing in Australia:
- University of Melbourne
- Deakin University
- University of Tasmania
3. Healthcare Management
Studies suggest that most international students look for programs in Healthcare Management in Australia. On completing MBA in Healthcare Management, a student can get insights into business and knowledge in healthcare to serve in the critical health service.
Best places to study MBA in Healthcare Management in Australia:
- Deakin University
- Federation University Australia
- Edith Cowan University
Pre-Requisites To Study MBA Eligibility In Australia
Every business school in Australia has requirements that students must meet to pursue the MBA curriculum. However, the minimum pre-requisites are
ð A Bachelor’s degree
One must have a bachelor’s degree with at least a 4.0 GPA or 65% score to apply for MBA in Australia. Students in the last leg of graduation who are unaware of how to calculate their GPA can use a GPA calculator to avoid miscalculations.
ð English Language Test Score
Which English language test one must choose to get admission to an MBA program depends on the specialisation and the university chosen. However, most universities give value to the following English tests:
| Name of the test | Minimum Score |
| IELTS | 7 |
| PTE | 65 |
| TOEFL | 102 |
ð GRE score
Though a handful of universities approve applications without GRE or GMAT scores, having a scorecard with numerals between 600-650 points is an essential requirement for admission to most Australian Business Schools.
ð A valid passport and student visa
A valid passport and student visa is the primary requirement for pursuing MBA in Australia. One must ensure that the Visa and Passport are valid 3 months post the completion of the academic program.
How Can International Students Apply For MBA Programs?
Take the following steps to apply for an MBA in Australia:
- Choose the course to pursue
- Ensure that the eligibility criteria can be met
- Upload all the necessary documents.
- Fill out the application form and make the payment.
- Showcase soft skills during the interview with admission officers
- Book a seat at the business school after receiving the conditional offer letter.
- Pay a non-refundable deposit by approving the terms and conditions of the university.
4 Reasons To Pursue MBA Degree in Australia
Recognising the usefulness and significance of any curriculum before investing the valued time, capital and energy into the best MBA programs in Australia is essential. Here are some of the most notable reasons studying an MBA in Australia is useful.
- Courses under government vigilance
The Australian government is quite strict with the quality of MBA programs offered. For example, they look closely at whether the academic institution assists with learning sources to get details about the educational modules, all assignment help on practical and theoretical papers, placement, co-curricular activities, etc. The Graduate Management Association Of Australia looks over and rates the academic programs. Therefore, even the most ordinary program will stand out when compared to programs offered by universities in other nations.
- High global-ranked universities
13 Australian Business Schools has their place in the World QS ranking for universities in 2022 for providing excellent MBA degrees in multiple business fields. Leading the list is Melbourne Business School.
- Universities accredited by global associations
Many MBA universities in Australia are ranked high by global associations and hold credits in these associations. For example, The MBA program at Macquarie Business School is recognised by the Global Association of Advanced Collegiate Schools of Business (AACSB).
- Higher exposure to jobs
The exposure to jobs while pursuing an MBA degree is much higher in Australia compared to other nations. One can work up to 40 hours part-time and earn monetary benefits. As per the latest regulations, an international student can work in the country before the academic program begins.
To Sum Up,
Australia houses some of the best MBA universities in the globe. Therefore, applying for a management program in the country is worthwhile. However, one must meet its minimum requirements before preparing for the admission tests. Best of luck!
Author Bio: Jason Hardy is an admission officer at one of Australia’s leading universities. He is also associated with an academic assistance service that offers all assignment help for MBA papers. If you need his guidance, you may connect with him at MyAssignmenthelp.com.