Master in Business Management in Australia

A Master in Business Management in Australia is a great choice for anyone who wants to build strong skills in leadership, strategy, and business operations. MBM programs cover key areas like marketing, finance, and entrepreneurship, giving students the tools they need to succeed in today’s competitive business world. These programs focus on both theory and real-world applications, making graduates well-prepared for a variety of career opportunities. 

Australia has become one of the most popular destinations for international students, especially Indian students, pursuing an MBM. The country is known for its world-class universities, hands-on learning, and diverse, welcoming environment. 

Six Australian universities rank among the top 100 globally, including the University of Melbourne, University of Sydney, and Monash University which makes Australia an attractive option for business students. 

In fact, India remains the second-most popular choice for international students in Australia, with over 122,000 enrolled in the first nine months of 2023. 

With a strong economy, great job opportunities, and post-study work visa options, Australia offers everything Indian students need to launch successful careers. Studying for a Master in Business Management in Australia provides a unique opportunity to receive a high-quality education while preparing for exciting global business roles. 

So, let’s understand all about the master’s in business management in Australia, program overview, admission process, fees in 2025 and much more. 

Masters in Business Management in Australia – Program Overview 

A master’s in business management (MBM) in Australia equips students with the skills needed to thrive in leadership and management roles across industries. The program focuses on building expertise in core business areas like finance, marketing, operations, and strategic management 

The curriculum typically covers a wide range of core business subjects, including: 

• Financial management 
• Marketing 
• Human resource management 
• Operations management 
• Strategic management 
• International business 

In addition to core subjects, MBM programs often offer opportunities for specialization in areas such as: 

• Finance 
• Marketing 
• Entrepreneurship 
• Supply chain management 
• Consulting 

Popular MBA Specializations in Australia 

Given Australia’s strong economy and global business connections, certain specializations are particularly popular among international students: 

• Finance: Focusing on corporate finance, investment banking, and financial markets. 
• Marketing: Exploring consumer behavior, digital marketing, and brand management. 
• Entrepreneurship: For those looking to start their own business or lead innovation within an organization. 
• Human Resource Management: Specializing in talent management, leadership development, and workplace culture. 
• International Business: Preparing students to work in global markets and multinational corporations. 

Program Duration 

The duration of an MBM program in Australia typically ranges from 1 to 2 years, depending on the university and the specific specialization. 

Estimated Fees in INR for 2025 

The cost of an MBM in Australia can vary significantly depending on the university, location, and the chosen specialization. However, a rough estimate for tuition fees in Indian Rupees (INR) for 2025 would be between 15-30 lakhs. This does not include living expenses, which can range from 8-12 lakhs per year. 

Job Prospects 

Graduates with a Master in Business Management in Australia enjoy strong career prospects, both within Australia and globally. Common job roles after graduation include: 

• Business Analyst 
• Project Manager 
• Marketing Manager 
• Financial Consultant 
• Operations Manager 
• HR Manager 

Top Australian Universities to Study Master’s in Business Management in 2025 

Here are the top 12 Australian universities for studying a Master in Business Management (MBM) for international and Indian students in 2025: 

Please note: The fees are indicative and may vary based on specific programs, specializations, and other factors. 

Eligibility Criteria to Study Master’s in Business Management in Australia for Indian Students 

To pursue a Master of Business Management (MBM) in Australia, Indian students typically need to meet the following eligibility criteria: 

• A bachelor’s degree in any field from a recognized Indian university. 
• A minimum GPA or equivalent grade point average, often around 70% or higher, is generally required. 
• English language proficiency tests like TOEFL (minimum score of 80-100), IELTS (minimum band score of 6.5-7.0), or PTE Academic (minimum score of 64-70). 
• GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination) for some universities. 
• A well-written statement of purpose (SOP). 
• 1-3 letters of recommendation from academic or professional referees. 
• Relevant work experience might be required. 

Admission Process to Study Master’s in Business Management in Australia 

The admission process for a Master of Business Management (MBM) in Australia typically involves the following steps: 

Step 1: Research Universities and Programs: 

Identify universities and programs that align with your academic interests and career goals. Consider factors such as program rankings, specializations, location, and cost of living. 

 Step 2: Check Eligibility Criteria 

Ensure that you meet the specific eligibility requirements for each university and program, including academic qualifications, English language proficiency, and any additional requirements. 

Step 3: Gather Required Documents: 

Prepare the necessary documents, such as: 

• Transcripts of your undergraduate degree 
• English language proficiency test scores (TOEFL, IELTS, PTE) 
• GMAT or GRE scores (if required) 
• Letters of recommendation 
• Statement of purpose 
• Resume or CV 
• Passport and visa application forms 

Step 4: Submit Online Application 

Most Australian universities offer online application portals where you can submit your application and supporting documents. Follow the instructions carefully and ensure that all required documents are uploaded correctly. 

Study abroad experts at Shuraa Education will assist you throughout the application process to avoid common mistakes and improve your chances of success. 

Step 5: Application Fee 

Some Australian universities may charge application fees, which typically ranges from AUD 100 to 200. 

Step 6: Pay Application Fees 

Most universities charge an application fee. Make the payment as instructed during the application process. Ensure to keep the receipt as proof of payment. 

Step 7: Receive Admission Offer 

If selected, you will receive an offer letter via email. This may be a conditional or unconditional offer, depending on whether you need to fulfill any outstanding requirements. 

Step 8: Apply for a Student Visa 

Once you have accepted the offer, you can apply for an Australian student visa (subclass 500). Gather required documents, including: 

• Confirmation of Enrolment from the university. 
• Proof of financial capability to cover tuition and living expenses. 
• Health insurance (Overseas Student Health Cover). 

Submit your visa application online and pay the visa fee. 

Step 9: Prepare for Departure 

After obtaining your visa, start preparing for your move to Australia. This includes booking flights, arranging accommodation, and organizing your finances. 

keep in mind, Shuraa Education also assists you with budgeting and accommodation to make your study abroad journey as smooth as possible. 

Tuition Fees and Cost of Living in Australia in 2025 

The estimated tuition fees for a Master of Business Management (MBM) in Australia in 2025 can vary significantly depending on the university, specialization, and whether you choose a public or private institution. However, you can expect to pay between INR 20-35 lakhs for the entire program. 

Cost of Living 

The cost of living in Australia can vary depending on the city, your lifestyle, and your accommodation choices. However, you can expect to spend around INR 10-15 lakhs per year on living expenses. 

Here’s a breakdown of estimated monthly living expenses: 

Therefore, Indian students can expect to spend between 38,40,000 INR to 50,00,000 INR annually to study for a master’s in business management in Australia, including tuition and living expenses. It’s essential to budget accordingly and explore scholarships or financial aid options to support your studies abroad. 

For most up-to-date cost information, get in touch with our education counsellor at Shuraa Education. 

Salary & Career Opportunities After MBM in Australia 

According to recent data, graduates of MBM programs in Australia can expect to earn an average annual salary of AUD 70,000-100,000 (approximately INR 35-55 lakhs) within the first few years of their career. As you gain experience and advance in your role, your salary can increase significantly. 

The job market for MBM graduates in Australia is generally favourable. According to the Australian Government’s Job Outlook, employment in business and management roles is expected to grow steadily over the next few years. 

Graduates of MBM programs can explore a wide range of roles, including: 

• Business Analyst 
• Project Manager 
• Marketing Manager 
• Operations Manager 
• Human Resources Manager 
• Financial Manager 
• Consultant 
• Entrepreneur 

Australia also offers a generous post-study work visa which allows international students to remain in the country for up to 2 years to gain work experience and explore employment opportunities. This is a great opportunity for MBM graduates to build their careers and potentially secure permanent residency. 

Start Your Application Today! 

Studying for a Master in Business Management in Australia can really change your life. It’s a great opportunity to get a top-notch education, meet new people, and boost your career. With so many programs and specializations to choose from, Australia is an excellent choice for Indian students looking to further their business education. 

As you think about this exciting journey, remember that Shuraa Education is here to help make everything easier for you. We have partnerships with over 1000 universities around the world, including some of the best in Australia. Our team can guide you through the application process and help you secure a spot in your dream program. 

We also provide support with essential steps like getting your visa, finding scholarships, budgeting, and sorting out accommodation. Our goal is to make your transition to studying abroad as smooth as possible, so you can focus on learning and enjoying your experience. 

Don’t miss out on the fantastic opportunities waiting for you in Australia. Get in touch today for a free consultation at +91 931 999 8925.