MBA Scholarships in Australia for Indian Students

Course fees for an MBA degree are an important concern for international students around the world, but Australia will never leave them feeling that way. Many Australian universities, institutions, and governing bodies offer many scholarships for Indian students who are looking for financial assistance to study in Australia. These scholarships are offered based on merit, need, student-specific, and course-specific grants via some major Australian government bodies, corporations, and Australian universities. Indian students can avail themselves of scholarships by demonstrating their eligibility for the scholarship they are applying for. The scholarship amount ranges from $2000 to 100% of the tuition fee for Indian students who have enrolled to study in Australia.

Why Study MBA in Australia?

Looking to study for an MBA abroad? Then you're on the right track as studying an MBA in Australia is a big, life-changing decision that will fill your pocket along with your precious 2-year time. Australia has a great quality education system that offers a great quality MBA degree, which ensures great global-level opportunities for international students. The B-schools and universities in Australia are the most reputed and have the highest placement records. However, when it comes to choosing the right college, budget is often a constraint that cannot be ignored. Also, there are some good, affordable institutions and colleges in Australia offering MBA programs that cost less when compared to other B schools. If you are looking for a fulfilling career in management, then Australia is one of the most sought-after study destinations for international students.

MBA Scholarships in Australia

Both the Australian government and universities offer numerous scholarships for Indian students who look to pursue an MBA in Australia. Several scholarships, grants, and bursaries help students have the financial independence to study in Australia. Here's the list of top Australian scholarships for MBA study for international students:

Detailed Scholarships in Australia

Here is a detailed description of MBA scholarships in Australia for international students:

Kraft Heinz Scholarship

The Kraft Heinz scholarship is a well-known scholarship in Australia that was founded by the H.J. Heinz foundation in 1987. Both undergraduate and postgraduate students can apply and avail of the scholarship, but it is most often awarded to part-time and full-time MBA graduates.

Value of the scholarship: $12,000

Monash MBA International Women in Leadership Scholarship

Monash University has initiated a scholarship in the name of the "Monash MBA International Women in Leadership Scholarship" to support and guide women in advancing their careers in MBA. The only eligibility criteria for applying for the scholarship are that the applicant must be a female international student enrolled at Monash University.

Value of the scholarship: $10,000

MBS Scholarship

MBA scholarship helps deserving students with partial support to study for an MBA at an Australian university. To be eligible for this MBS scholarship, the applicant must be a full-time MBA applicant. The scholarship value varies based on the course choice and the applicant's financial condition.

Value of the scholarship: Depends on the conditions.

Adelaide MBA Scholarship

The Adelaide MBA Scholarship is offered to MBA students by one of the popular B schools in Australia, Adelaide Business School. The scholarship ensures to offer funds to the students with the best academic caliber. Both domestic and international students are eligible to apply for this scholarship.

Value of the scholarship: 10% to 100% of the tuition fees.

UOW Postgraduate Academic Excellence Scholarship

A UOW postgraduate academic excellence scholarship is offered to all types of master's programs, most notably for the MBA program. Surprisingly, there is no separate application for students to avail of this scholarship; students who enrol in this course will be considered for this scholarship by default.

Value of the scholarship: 30% of the course fees.

How to Get a scholarship for MBA in Australia

There are many scholarships for international students from most MBA universities in Australia as discussed before. To avail of any MBA scholarship in Australia, one must go through and complete the following simple steps:

Step 1: Be aware of the Australian universities' rules and regulations and scholarship types to check whether you are eligible for the award.

Step 2: Once your eligibility has been confirmed, go over the course eligibility criteria.

Step 3: Complete and submit an application form for Australian scholarships.

MBA Scholarships in Australia – Eligibility Criteria

Australia is still the favorite destination for international MBA students as the universities and B-schools in the country have numerous MBA scholarships. Let's check out the complete list of MBA scholarships available in Australia for international students:

MBA Scholarships Awards in Australia

Each scholarship for MBA in Australia offers different awards based on the course specialization, academic score, tuition fees, hostel fees, and so on. Here's the list of different MBA scholarships and their awards:

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MBA Scholarships Requirements in Australia

Before applying for the MBA scholarship, it's important to know the basic eligibility to avail of the scholarships available at top universities in Australia. Let us have a quick look at them below:

1. Students must have completed an undergraduate degree with a GPA of over 65% from a government-recognized university with a business major.
2. Candidates who apply for the MBA scholarship must submit two letters of recommendation (LORs) from trusted professors from their previous institutions.
3. Candidates must have a minimum of two years of relevant experience.
4. Having a valid GRE and GMAT score is mandatory and is preferred to apply for the scholarship.
5. International students must take English proficiency tests such as IELTS, and TOEFL and prove their English proficiency with a good score (say 6 to 7).

Job Profiles After MBA in Australia

Australia has a potent job market for skilled MBA professionals with a wide career scope, internship programs, and placement abilities. The latest placement records talk about the Melbourne Business School's having an 88% placement rate. Australian business schools and universities have a placement record of 71%. Considering top-ranked institutions like Melbourne Business School and Monash Business School also have a 91% placement record, it does tip the scales. Also, MBA universities in Australia offer a better salary package than MBA universities in the US. Here are the various job roles and their salaries offered in Australia:

Still unclear about anything? Well, not to worry. Contact AECC and get your queries answered today! AECC is one of the world's leading educational consultancies with versatile expert professionals who are ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey to achieving your dream.

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