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We all know how expensive it can be to pursue an MBA program, especially in countries like the US, UK and Canada where the tuition fees can go as high as $30,000 per year. But there are countries where it’s cheaper and you don’t need to spend so much money on tuition fees. One of such countries is Australia. In today’s article, I will be providing you with a list of low tuition universities offering MBA programs in Australia where tuition fees starts from $15,000 USD per year. But before I do that, will like to say a little about the cost of living in Australia, so you will know how much to budget for your study and living expenses.
Cost of living in Australia
The cost of living in Australia is estimated at $1000 to $1500 per month, which covers the cost of accommodation, food, books, transportation, recreation, etc. Here’s the breakdown:
Hostels and guesthouses – $65.3 to $108.83 per week
Shared rental – $61 to $155 per week
On Campus – $65 to $203 per week
Home stay – $170 to $235 per week
Rental – $119 to $319 per week
Groceries and eating out – $58 to $203 per week
Gas and Electricity – $25 to $101 per week
Phone and Internet – $14 to $18 per week
Public transport – $10 to $40 per week
Entertainment – $58 to $108 per week
Let’s now take a look at a list of low tuition universities offering MBA programs for international students.
List of low tuition universities offering MBA in Australia
- University of New England – $14,829 per year
- University of Southern Queensland – $15,612 per year
- Edith Cowan University – $15,400 per year
- Southern Cross University – $16,309 per year
- University of the Sunshine Coast – $16,541 per year
- Charles Darwin University -$17,000 per year
- James Cook University – $17,412 per year
- CQ University – $17,760 per year
- Charles Sturt University – $17,992 per year
- Australian Catholic University – $18,137 per year
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Australia’s best online MBAs give you the ideal combination of academic quality, and learning where and when it suits you.
A 100% online program is a good option for busy people. You can study efficiently – doing quick study sessions when you’re alert and free of distractions.
- An online MBA course offers the same benefits as a campus-based program. It will challenge you intellectually, develop you professionally, and improve your career prospects markedly.
- The top online MBA programs have extra advantages. They are flexible and non-disruptive in terms of lifestyle. And they give value for money.
- You can test an online course by doing 4 initial units, which earns you a Graduate Certificate. Continue the MBA online if it’s working for you.
Employers worldwide are looking for management professionals with the ability to identify new opportunities for innovation, improve performance and sustain growth. They see hiring MBA degree holders as a smart investment, and they’ll pay a premium for professionals who hold the credential.
~ NEU School of Business
Australia’s Best Online MBAs
Online Study Australia presents only the best courses and that’s what we’ve done here. The top online MBA programs share some things in common.
- The programs are modern, flexible and, in some cases, purpose-built for online study.
- Extensive use is made of digital learning and communication technologies.
- Assessment is generally continuous (instead of relying on end-of-semester exams).
- Affordability is good compared to MBAs at most Australian universities.
The top ranking MBA programs are ideal if you want to study business administration in an efficient, time-saving manner.
University of Canberra MBA
The University of Canberra has teamed with Ducere Global Business School to offer Australia’s most engaging online MBA. It is ideal for business professionals who don’t want to sit theory-based exams. You collaborate online with fellow MBA candidates on projects, learning from each other and industry partners. The focus is on real-world experience and building specific competencies. You also receive excellent study support from the Business School. Included in the program package is access to exclusive talks from business and world leaders.
SCU Online MBA
Southern Cross University (SCU Online) has a 100% online MBA delivered on a modern learning platform. The highly affordable program is flexible, with 6 start points per year and short modules. You can choose the general program or major in: accounting, health services management, information and knowledge management, or managing and leading people. SCU Online programs are designed specifically for distance learning.
JCU MBA (Global)
Just about everything you could want in an online MBA program is offered by James Cook University. As you’d expect, the affordable program runs year-round – allowing you to finish quicker or, if you want, take a break at any time of year. Students focus on 1 unit at a time, which allows study to be combined with full-time employment. You’re also assigned a Student Success Advisor and can access everything you need via LearnJCU. The program has 3 concentration areas: global perspective and strategy, data management and analytics, and organisational leadership.
Become a Responsible Leader
MBA studies give you the opportunity to develop your ability to be a responsible leader. Responsible leadership is about looking outward – beyond just narrow, short-term goals.
Key themes in responsible leadership are (i) considering all stakeholders, from customers through to regulators and the general public (ii) establishing business practices that are sustainable and (iii) having a global mindset.
Doing an MBA program gives you the mental space, and the conceptual and applied frameworks, to develop as a responsible leader. Students learn how to make decisions with big-picture considerations in mind.
We created our organisations to serve us (not the other way around) and they are the primary vehicle we have for changing the world for the better. If they are to help us meet the challenges we face as a global society, organisations must act responsibly – be a force for good.
~ Grahame Broadbelt
Griffith MBA (Responsible Leadership)
An excellent way to learn responsible leadership is with the 100% online MBA offered by Griffith University. The 12-unit program has core values of responsible leadership, sustainable business practice and global orientation. It will help you develop a modern, progressive leadership style. The flexible MBA can be studied part-time, year-round. A graduate certificate (4 units) is also available within the program. Subjects include economics, finance, marketing, integrated accounting, people, strategy, and doing business across the Asia-Pacific region.
MBA Programs in Australia
- General MBA All MBA International Uncategorized
Quite a few academic institutions offer a great variety of low-cost MBA programs in Australia. Because of the wide range of these MBA programs that are offered, the choice for the right program may not be so easy. This post contains useful information about affordable MBA programs in Australia, as well as a list of the country’s cheapest MBA programs.
Within the Australian Continent, the University of Adelaide was the first to offer an MBA program in 1963. The Universities of Melbourne and New South Wales followed suit in 1964. Nowadays, there are more than 50 MBA programs offered by many academic institutions all over Australia. Many International students are enrolling in one of the Australian MBA programs.
The percentage of the Indian student population in Australian MBA programs is as high as 35 percent, according to the Official Statistics Agency. Unofficial student estimates rather show an international student mix of 35 percent Asian (meaning east-Asians), 30 percent Indian, and only 35 percent Australian.
In Australia, the procedure for obtaining a Permanent Residency (PR) is relatively simple and quick. Herein lies one of the most important reasons why the number of international students has grown so strong over the last decade.
Take also a look at this video about top Australian Business school:
Check also our guide to U.S. MBA Programs that don’t require the GMAT , organized by state.
Only later in their courses, mostly one year into their program, many international students will apply for their Permanent Residency. The reason is that their documents will have been processed by the time that they have graduated. If you are still waiting for the approval of your PR application and you graduate, you are allowed to stay in Australia for the period of time that is required for authorities to reach a decision.
An Australian MBA program will cost you, only for tuition and course fees, from about $15,000 to $40,000 annually, depending on the Business School and the program of your choice and regional differences. You should of course also take into consideration the costs of learning materials, other administrative fees, and the regular cost of living.
I will give you an example. A very popular 2-year MBA program at The University of Technology of Sydney (UTS) would cost you around AUD 31,000 per year. This can be considered as relatively cheap for an MBA or another post-graduate degree in Australia.
Choosing the University
In the US there is an official ranking of Universities. This is not the case in Australia. So it may be a little harder to find out which school is best for you. Important elements of consideration are course content, location, and cost. Another influencing factor for Indian students is the city lifestyle. An IDP representative at India’s Mumbai office states that most students from that city want to go to Universities in Sydney or Melbourne because those cities are offering city lifestyles. Only very few of them go to the Universities of Tasmania and Northern Territory despite the fact that these universities have an outstanding reputation. They are just in quieter locations, and simply not as well known as universities from major cities.
All Australian MBA programs lead to degrees that are recognized by other universities across the globe and also by local and international organizations, institutions, and governments. In Australia MBA programs have shifted from the more traditional US MBA program type into programs that are more influenced by leading Asian and European Business Schools. For example, ANU (Australian National University) in Canberra has developed an MBA that is focused entirely on the Asian – Pacific region
MBA requirements in Australia
Generally, universities in Australia require undergraduate degrees and a period of relevant work experience of at least two years. Requirements and prerequisites may be more rigorous, and vary drastically depending on the institution. Requirements may include a satisfactory performance on the GMAT, excellent grades in your undergraduate degree, outstanding references and proven and demonstrated skills to fit in the MBA program.
There are situations where students could be admitted into an MBA program without having obtained an undergraduate degree. This only applies when applicants will have several years of relevant and outstanding management experience. It is common as well that students are required to take a Graduate Certificate in Business Administration first, followed by the relevant Diploma and subsequently leading to an MBA, depending on grades achieved
Typical MBA programs will contain some, or all, of these fundamental subjects: Economics, Finance, Accounting, Statistics, Operations, Marketing, Organisational Behavior, Quantitative Methods and Business Strategy. To allow students to specialize in a certain field to enhance their professional careers, many MBA programs will also offer a broad range of electives. Included in new specializations are for example Internet Marketing and E-Commerce. Other fields of professional concentrations are International Marketing, Human Resource Management, and Public Sector Management.
Nowadays many MBA programs are including a number of subjects that will develop management skills in so-called “soft areas” such as leadership, team-building and negotiation techniques. This is a reaction to the “old school” perception that a lot of MBA graduates used to be only strong in “hard” disciplines, like quantitative techniques. One of the essential aspects of a good MBA program is that it will equip students with a solid foundation to manage businesses in an effective way. A good MBA program provides tools, techniques, and skills required to become a leader. An MBA program will demonstrate how various disciplines are related, and how they work across all organizations, businesses, and industries.
MBA graduates are highly valued and sought-after by many employers and business leaders all over the world. One of the reasons may be that students, by taking an MBA, are showing and demonstrating their intellectual capacities. For employers also counts that their determination to complete a demanding study schedule demonstrates their well-developed mentalities.
MBA students and part-time jobs
In Australia, international students are permitted to work for a maximum of 20 hours per week. This applies only when students are actually enrolled in a program and are factually studying. There are strict rules that are strictly enforced. Immigration authorities are extremely cautious.
Check out these well-reputed MBA programs presented by top schools:
The University of Ballarat, Federation Business School
Lydiard Street S, Ballarat VIC 3350, Phone: +61 3 5327 8000, Tuition: AUD 49,600 ($24,800/year) source: a website
Southern Cross University, Graduate College of Management
Military Road, East Lismore NSW 2480, Phone: +61 2 6620 3000, Tuition: AUD 44,960 ($22,480/year)
(Sydney: $23 040/year, Melbourne: $23 040/year) source: a website
The University of Technology Sydney City Campus
15 Broadway, Ultimo NSW 2007, Phone: +61 2 9514 2000, Tuition: AUD 62,344 (96 crh/$939) for international students source: a website
Victoria University, Victoria Graduate School of Business
300 Flinders Street, Melbourne VIC 3000, Phone:+61 3 9919 6100, Tuition: AUD 43,520 (10,880/semester) source: a website
The University of New England, Graduate School of Business Administration
Handel Street, Madgwick NSW 2350, Phone: +61 2 6773 3333, Tuition: In-state AUD 27,984 (12 units/$2332), out-of-state AUD 32,400 (12 units/$2700) source: a website
Charles Darwin University, School of Business
Ellengowan Drive, Casuarina NT 0810, Phone: +61 8 8946 6666, Tuition: AUD 46,960 (23,448/year) source: a website
Central Queensland University, Faculty of Business and Law
333 Kent Street, Sydney NSW 2000, Phone: +61 2 9324 5000, Tuition: AUD 37,230 (17 courses/$2,190) source: a website
The University of Newcastle, Faculty of Business and Law
60 Bathurst Street, Sydney NSW 2000, Phone:+61 2 8262 6400, Tuition: AUD 62,560 ($31,280/year) source: a website
Deakin University, Deakin Business School
1 Gheringhap Street, Geelong, Victoria 3220, Phone: +61 3 5227 1100, Tuition: AUD 64,000 ($32,000/year), International students: AUD 74,880 ($37,440/year) source: a website
The University of Canberra, School of Management
University Drive, Bruce ACT 2617, Phone: +61 2 6201 5111, Tuition: AUD $43,350 for international students source: a website
Murdoch University, Murdoch Business School
90 South Street, Murdoch WA 6150, Phone:+61 8 9360 6000, Tuition: AUD 84,600 (30 crh/$2,820) source: a website
Flinders University, School of Commerce
Sturt Road, Bedford Park SA 5042, Phone: +61 8 8201 3911, Tuition: AUD 50,200 ($25,100/year) source: a website
The University of Adelaide, Adelaide Graduate School of Business
233 North Terrace, Adelaide SA 5000, Phone:+61 8 8313 6455 Tuition: AUD 82,000 ($41,000/year) for international students source: a website
The University of the Sunshine Coast, Faculty of Business
90 Sippy Downs Drive, Sippy Downs QLD 4556, Phone: +61 7 5430 1234, Tuition: AUD 50,000 ($25,000/year) source: a website
The University of South Australia, International Graduate School of Business
Frome Road, Adelaide SA 5000, Phone: +61 8 8302 9086, Tuition: AUD 66,000 ($33,000/year) or international students source: a website
Tuition rates are for the 2016/17 academic year.
Highly experienced, but low on the GMAT? Check out these U.S. MBA-NO GMAT programs
All costs are estimates, and though we tried to be as accurate as possible, we can not be held responsible or accountable for any errors in the text above. Please check with the listed institutions for actual offerings and prices as they may change without notice.
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