05/01/2024
Australia, home to some of the best management schools, is a favorite destination for an MBA. With a lesser population and a growing demand for professionals, especially in managerial roles, international students are increasingly flocking to Australia for MBA studies. MBA programs in Australia typically last between 1 to 2 years, and more than 50 institutions offer MBA programs. Additionally, Australian universities provide a good range of scholarships that make education more affordable. Let's explore some of these scholarships and other related details for international students.
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Why Pursue an MBA in Australia?
MBA Scholarships in Australia
Eligibility Criteria for Scholarships to Study in Australia
Top Universities in Australia for MBA
Career and Job Scope After MBA in Australia
Frequently Asked Questions (FAQs)
Australia is a developed and modern nation that heavily relies on various businesses and encourages entrepreneurship. The country boasts many of the world’s best institutions, especially for management studies. Here are some reasons why you should choose Australia for your MBA studies:
Australia has some of the top-ranked business schools globally, with certificates recognized by institutions like AMBA and EQUIS.
Business schools in Australia rank in the top 100 worldwide under the QS World University Rankings.
The faculty and job opportunities in Australia are among the best globally, with handsome starting salaries.
The eligibility criteria for scholarships to study in Australia can vary depending on the type of scholarship, the institution offering it, and the level of study (undergraduate, postgraduate, etc.). However, there are some common criteria that many scholarships share:
Bachelor’s degree in any field from a recognized university, with some colleges preferring a degree in business.
2 reference letters from a previous employer or professor, with an updated resume.
Minimum 65% score in Bachelor’s course.
English language proficiency score like in IELTS with 6.5 to 7 band score.
Candidates with work experience will hold a broader edge.
Awards:
ANU College of Business and Economics: AUD 10,000
Adelaide MBA Scholarship: 25 to 30% of Tuition fees
MBS Scholarship: Will vary
Monash MBA International Women in Leadership: AUD 24,000
MBA (Intensive) International Prestige Scholarships: 90 to 100% of tuition fees
Kraft Heinz Scholarship: Up to AUD 44,000
AGSM Global Reach Scholarship: Will vary
International Excellence Scholarship (India): Up to AUD 25,000
Note: Please also check online and other university websites for other scholarships, as the above list comprises some of the most famous scholarships, but there are many others available.
Amount may vary or change from time to time. Please check the university website for the latest information.
An MBA from Australia can open up a wide range of career opportunities, thanks to the country's robust economy, strong business sector, and global business connections. Here's an overview of the career and job scope after completing an MBA in Australia:
Assistant Business Development Manager: AUD 82,000
Business Development Manager: AUD 82,000
General Manager: AUD 121,000
Accounting Manager: AUD 95,000
Financial Manager: AUD 103,000
Employee Relations Manager: AUD 187,000
Project Manager: AUD 104,000
If you want to know more about scholarships to study in Australia, get in touch with our international education experts at Aum Global. They will help you with the process of seeking a scholarship.
