Read on to get your latest updates on Universities, Courses Offered, Student Visa Updates, and lots more!
Read on to get your latest updates on Universities, Courses Offered, Student Visa Updates, and lots more!
Pursuing MBA from a recognised, well-known global nation keeps you ahead of other students. As per the QS World Ranking 2022, some Australian business schools are among the top 100. A finance specialisation in the degree gives you extensive training in accounts to help you progress financial data. Organisations seek MBA in Finance graduates to assist them with their financial decisions and business expenditures.
Program |
Postgraduate |
Course |
MBA in Finance |
Duration of the Course |
Between 1 and 2.5 years (based on top 6 universities) |
Eligibility |
Undergraduate (at least 65 percent), IELTS (6.0-6.5) / TOEFL (60-90), GMAT – 590 (if asked), and 2-3 years of work experience |
Entrance Exams |
IELTS (6.0-6.5) / TOEFL (60-90), and GMAT – 590 (if asked) |
Tuition Fee |
Between 1500949 and 1965236 INR (based on top 6 universities) |
Jobs |
Case Manager, Business Analyst, Risk Manager, etc. |
Average Salary |
101233 AUD (based on 4 jobs) |
S.NO |
University Name |
QS World Ranking |
City |
1 |
The University of South Australia |
326 |
Magill |
2 |
Western Sydney University |
494 |
Milperra |
3 |
The University of Newcastle |
197 |
Callaghan |
4 |
Victoria University |
Between 701 and 750 |
Melbourne |
5 |
Curtin University |
193 |
Perth |
6 |
The University of Tasmania |
303 |
Hobart |
The cost of studying MBA in Finance in the Australian subcontinent includes your tuition fees and the cost of living. The estimated cost of living per month in Australia is 19500 AUD, while the tuition fee falls between 45000 and 822000 AUD.
S.NO |
University Name |
Course |
Duration |
Tuition Fees in INR |
1 |
The University of South Australia |
MBA (Finance) |
1.5 years |
1965236 |
2 |
Western Sydney University |
MBA / Master of Applied Finance |
2.5 years |
1733775 |
3 |
The University of Newcastle |
Master of Business Administration – Applied Finance |
1500949 |
|
4 |
Victoria University |
Master of Finance |
2 years |
191064 (per unit) |
5 |
Curtin University |
Master of Finance |
1 year |
1637696 |
6 |
The University of Tasmania |
Master of Finance |
2 years |
1962506 |
The average estimated living expenses for an overseas student in Australia is 19500 AUD. These brackets include but are not limited to meals, books, supplies, transportation, accommodation, personal costs, etc.
Categories |
Amount in AUD |
Accommodation |
Between 90 and 440 per week |
Food |
Between 140 and 280 per week |
Transportation |
Between 30 and 60 per week |
Phone & internet |
Between 15 and 30 per week |
Entertainment |
Between 80 and 150 per week |
Name of the University |
Exam Name |
Minimum Band Requirement |
The University of South Australia |
IELTS |
6.5 |
Western Sydney University |
IELTS |
Between 6.0 and 7.0 (depends on the course) |
The University of Newcastle |
IELTS |
6.5 (no band less than 5.5) |
Victoria University |
IELTS |
6.5 (no band less than 6.0) |
Curtin University |
IELTS |
6.5 (no band less than 6.0) |
The University of Tasmania |
IELTS |
6.5 (no band less than 6.0) |
S.NO |
Scholarship Name |
Description |
Eligibility |
Amount in AUD |
1 |
Monash MBA International Women in Leadership Scholarship |
This Scholarship is awarded by the Monash University |
Female student at the university, and Australian / Australian Permanent Residency Visa holder or Permanent Humanitarian Visa |
23113 |
2 |
MBA (Intensive) International Prestige Scholarship |
This Scholarship is awarded by the University of Western Australia |
NA |
100 percent tuition fees waived off |
3 |
Adelaide MBA Scholarship |
This Scholarship is awarded by the University of Adelaide |
NA |
25 percent tuition fees waived off |
4 |
MBA Student Scholarship |
NA |
Depends from university to university |
25 percent tuition fees waived off |
5 |
AGSM Global Reach Scholarship and AGSM Excellence Scholarship |
This Scholarship is awarded by the University of New South Wales |
A member passport from a listed country, submit an application form, and enrolled in MBA at the university |
Variable |
As per the stats of the Australian national government's database, the job vacancy postings for Finance MBA degree holders are more than 6000 yearly. Furthermore, the employment rate of MBA in Finance majors is estimated to increase from 6.9 per cent to 7.2 per cent in the coming five years. Below are the top 4 jobs for Australian MBA in Finance graduates and the salaries associated with these brackets.
Job Profile |
Salary in AUD |
Case Manager |
80412 |
Business Analyst |
94000 |
Risk Manager |
139896 |
Management Consultant |
90624 |
Please follow these steps to apply for MBA in Finance in Australia. Please note that this is only indicative and may vary slightly per your university selection.
Step 1: The first step is to research some best universities which offer MBA in Finance degrees in Australia.
Step 2: After you have decided on the course, you need to select the university or college that offers it. You also need to choose a potential company that best matches your needs.
Step 3: Overseas students generally apply to Australian universities and colleges online or by post. You can obtain application forms from the university's official website or request the application in your mailbox. When filling these forms with your personal and academic information, you will need these documents.
Step 4: After proceeding with the application form in your desired university, you must prepare well for the interview rounds with the institution.
Step 5: If your application is approved, you will receive an offer letter and an acceptance form. However, before accepting the offer, we strictly advise you to read the letter and check the applicable conditions carefully.
Step 6: After accepting an offer letter (if you agree with the conditions) from the applied university, you need to wrap it up and prepare for departure to Australia and apply for a student visa.
Step 7: Done.
Yes, not only an MBA in Finance is in demand in the Australian subcontinent but also worldwide.
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