MBA in Australia for International Students

• An MBA in Australia is a great opportunity for Nepalese students to learn the nuances of business from the top universities in Australia. Here are a few points on why an MBA in Australia is a worthy experience: 
  
  
  • 5 Australian Business Schools are ranked in the top universities for MBA in QS Global MBA ranking 2021. 
  • As per QS News, MBA jobs in Australia offer a high salary package of around AUS $98,000 approx, ranking 5th worldwide.
  • An MBA from an Australian university is accredited by top agencies like EQUIS, AACSB, and AMBA, making it a globally recognised degree. 
  • Australia holds an unparalleled reputation for MBA programmes, as GMAA (Graduate Management Association of Australia) has a 5-star system to improve overall business programme quality. 
  • Australian universities have more than 42 MBA programmes to choose from. 
  • The Australian job market opens 45,000+ job vacancies for MBA graduates in Australia annually.

• Requirements to study MBA in Australia include a minimum of 60% on the applicant's undergraduate degree.(some schools prefer a degree of certificate in business-related fields)
• minimum 2 years of work experience. 
• Students having IELTS scores of approx 6.5 to 7.0 can easily get admission into the popular schools offering an MBA in Australia.
• A good GMAT or GRE score. However, the average GMAT score for getting admission to an Australian university is 700+. 
  
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• As part of the admission process in MBA programmes, it is important to ensure your application meets the deadline. Here are the deadlines for major universities for MBA in Australia:

• Applicants need to meet certain eligibility criteria to get admission in Australia for an MBA. These eligibility criteria are as follows:
  • A bachelor's degree in any field with a minimum score of 65% 
  • An up-to-date resume
  • 2 reference letters from your employer or professor
  • A good GMAT or GRE score
  • A minimum of 2-years of work experience in the managerial or business domain 
  • IELTS requirements for MBA in Australia are a minimum 6.5 IELTS score

• Work experience is a mandatory requirement for an MBA in Australia. However, the minimum requirement of years of experience may vary for every university. These are the minimum years of work experience required for the most popular Australian universities.

Australia is a popular and expensive study destination for international students. However, the Government of Australia offers multiple scholarship programmes that work in favour of students with good academic performance. 

Here are a few scholarships run by the Australian government:

The Australia Awards aim to promote knowledge, improve education links, and enhance the enduring ties between Australia and its neighbouring countries through Australia's extensive scholarship programs. This program brings together scholarships offered by the Department of Foreign Affairs (DFAT), the Department of Education, and the Australian Centre for International Agricultural Research (ACIAR). 

This programme funds eligible tertiary education providers to offer scholarships to domestic and international students to study in regional Australia. Destination Australia scholarships are valued at up to AUD 15,000 per student, per year, and are available to students undertaking studies ranging from a Certificate IV through to a Ph.D. for up to four years in regional campus locations across Australia.

An MBA degree in Australia is recognized worldwide, hence, it becomes easy to find a well-paying job anywhere in the world. But, Australia offers surplus job vacancies in business development roles as well. 

Take a look at the table below to get an overview of the job titles and their estimated pay bracket in Australia after an MBA: 

Students can earn good money after finishing their MBA in Australia. The salary packages start from AUD $90,000 and can stretch up a lot higher depending on the university. 

Here is the list of top universities and their salary takeaways after graduation: