MBA in Australia
Considering Australia as your study destination?
Australia is one of the most popular study destinations in the world where more than a quarter of the student population are foreign nationals, a figure which reaches almost 50% in some universities. And who can blame them? Australia can offer endless golden beaches, amazing natural landscapes, one of the seven wonders of the world (the Great Barrier Reef), a multitude of vibrant cities and, of course, a world-class higher education offering. It certainly isn’t a cheap place to study, but as the old adage goes, you get out what you put in.
Universities in Australia make up a significant proportion of the very best in the world, perhaps bettered only by the U.S. and the U.K. in terms of ranking. Those who come to study an MBA in Australia will be struck not just by the internationalism of the country (it is a country built by migrants after all) but also by its technologically-advanced, world-class campuses. It is one of the undoubted global hotspots for international students which has already transformed the lives of millions of students. Will you be next?
- Australia is around 80% of the size of the United States, yet its population is equivalent to just 8% of America
- It isn’t all glorious sunshine and golden beaches here. The country actually receives more yearly snowfall than popular ski destination Switzerland, amongst many other countries
- There are 3.3 sheep for every person in Australia
- Australia is home to a huge number of animals that are endemic to the region, including kangaroos, koala bears, wombats, dingos and bandicoots
- The country has the second-highest median wealth per adult in the world, bettered only by Switzerland
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5 things you need to know
What do I need to know if I want to study in Australia?
How much will it cost to live and study in Australia?
The country’s pre-eminence in higher education and excellent living standards make it an expensive place to study. Master’s degrees are likely to cost in the region of €20,000 per year on average, though expect significant variations throughout the country. The average cost of a Master in Business Administration in Australia is around €34,000 taking into account both domestic and international students, so international students should expect that figure to be higher for them. In terms of living costs in Australia, the government estimates the monthly rent to range anywhere from €250 per month in shared accommodation to over €1,000 for your own flat.
Do I need to get a VISA to live and study in Australia?
The requirements for an Australia student visa are fairly stringent and applicants will need to provide proof of funding, health insurance and proof that you are a genuine temporary entrant into Australia amongst other things. The Australian government has a useful tool to determine what visa you will need and the documentation you will require, which you can find here.
How reputable are universities from Australia?
In any ranking you look at, Australia’s universities feature prominently. Of the most prestigious lists, the Shanghai Ranking has seven Australian universities in the top 100 whilst The Times Higher Education Ranking and QS both have six Australian institutions in their top 100s.
What is the job market like for graduates here?
The Australian economy is one of the strongest in the world and has seen almost non-stop growth since the 1980s. A government-funded study in 2019 discovered an 87% employment rate amongst Australian graduates, whilst those holding postgraduate degrees were found to have a 40% higher starting salary than undergraduates.
Are there a lot of international students in Australia?
Australia has the highest international student population per head of any country in the world, making up 26% of the total student population here.