CAT | MBA in Australia
To get admission into an Australian management school, applicants are required to follow certain procedure. The procedures start with applications. The applicant needs to apply for application forms and for that he or she must need to send enquiries twelve months before the admission commences. Applicant can get the required forms through email, or downloading the form from website of the college. Once downloaded student can fill up the form and submit it. Once form is filled up and submitted, applicant needs to provide his or her complete academic records. These records include, mark sheets of higher secondary, senior secondary and bachelor examinations. These records must be accompanied by official transcript of college attended. All the documents should be attested with thorough details of course subjects and credits obtained. The next step involves taking standardized Tests. Prime objective of these tests is to check applicant’s English proficiency. Applicant needs to take IELTS (International English Language Test) as per requirements of various universities. Apart from IELTS, many universities also accept TOEFL and GMAT scores. Sometimes in lieu of IELTS or TOEFL tests, applicants are asked to get a letter from institution authenticating their proficiency in English After this comes, one of the most crucial parts in MBA admission procedure. Applicant is required to submit a ‘letter of recommendation or reference’. Generally this letter of recommendation is signed by someone, applicant has worked with, professionally or taught by in a particular subject. The letter should manage to bring out applicant’s positive aspects. The person signing the letter are also asked to rate the students and they must provide details about their positions. The last step is writing a personal essay or statement of purpose. Personal essay reveals students’ stated reason for selecting particular course, education, personal goals and visions and experience details. Sometimes, personal essay plays a big part in clinching the admission seat in the desired MBA University.
MBA from overseas is not a cheap option. It requires good amount of money. Most of the Australian universities have fixed fee structures.
Australian universities offering Masters in Business Management have different fee structure depending upon type and duration of the course. Full time course running for twenty months to twenty-four months have higher fees whereas one year MBA course have slightly low fee structure.
All MBA programs have different pattern and structure and fee factor also varies upon the overhead costs. Distance learning or online programs cost less. Apart from course fees students also need to shell out accommodation fees. Good number of Australian MBA universities offer residential facilities as well and that requires extra cost.
Presented below is MBA course fee structure for various Australian universities.
- University of the Sunshine Coast, Faculty of Business
Fee: – AU $15,000 - Australian Catholic University, Faculty of Arts and Sciences
Fee: – AU $13,800 - University of Melbourne, Melbourne Business School
Fee: – AU $52,000 - Curtin University of Technology, Curtin Business School
Fee: – AU $29,000 - Southern Cross University, Graduate College of Management
Fee: – AU $19,200 - University of New England, Graduate School of Business Administration
Fee: – AU $18,000 - Australian Graduate School of Management
Fee: – AU $56,280 - Charles Darwin University, School of Business
Fee: – AU $20,600 - Queensland University of Technology, Brisbane Graduate School of Business
Fee: – AU $30,000 - University of Newcastle, Faculty of Business and Law
Fee: – AU $22,800 - University of Ballarat, School of Business
Fee: – AU $18,000 - University of Wollongong, Graduate School of Business and Professional Development
Fee: – AU $25,200 - University of Canberra, School of Business
Fee: – AU $24,400 - Murdoch University, Murdoch Business School
Fee: – AU $25,000 - Victoria University, Victoria Graduate School of Business
Fee: – AU $19,500 - Deakin University, Deakin Business School
Fee: – AU $24,000 - University of Queensland, School of Business
Fee: – AU $38,400 - University of South Australia, International Graduate School of Management
Fee: – AU $27,200 - Central Queensland University, Faculty of Business and Law
Fee: – AU $21,840 - University of Adelaide, Adelaide Graduate School of Business
Fee: – AU $27,000 - University of Notre Dame, College of Business
Fee: – AU $22,560 - Griffith University, Graduate School of Management
Fee: – AU $27,600 - Flinders University, School of Commerce
MBA (International Business) Fee: – AU $26,000 - Swinburne University of Technology, Australian Graduate School of Entrepreneurship
Fee: – AU $35,000 - Monash University, Faculty of Business and Economics
Fee: – AU $44,000 - University of Western Sydney, Sydney Graduate School of Management
Fee: – AU $26,400 - Bond University, School of Business
Fee: – AU $30,600 - RMIT University, School of Management
Fee: – AU $28,800 - University of Western Australia, Graduate School of Management
Fee: – AU $31,800
Several Australian business schools offer distance learning courses in MBA. Distance mode MBA course from Australian universities provide a convenient way to many management aspirants who are willing to enhance their skills and repertoire to excel in the business world.
These courses are also very advantageous for busy corporate professionals who do not have required time for a full time management study. Not only distance learning MBA course from Australia helps professionals in upgrading their qualification but it also offers various specialisations o choose from.
Most of these distance learning MBA programs provide students with study material. Study materials are developed and organized in such a way that students can understand the nuances of business dynamics and can respond properly to the tough demands of competitive business world.
Study materials are accompanied by assignments that have to be submitted within a certain time frame. Most of the Australian universities offering distance learning MBA also focus on organizing regular group discussion and online interaction with faculties.
Few of the Australian universities who offer distance learning MBA programs are;
Murdoch Business School (Murdoch University)
Faculty of Business and Law, (Central Queensland University)
Faculty of Business and Law, (University of Newcastle)
Deakin Business School, (Deakin University)
Graduate College of Management, (Southern Cross University)
Curtin Business School, (Curtin University of Technology)
International Graduate School of Management, (University of South Australia)
Graduate School of Business Administration, (University of New England), NSW
Faculty of Business, (University of the Sunshine Coast)
Most of these programs offer various specializations options in subjects like international business, aviation management, human resources management, accounting & finance, economics, marketing, leadership, industrial relations, organizational behaviour, information systems, strategy & planning etc. Generally these distance learning MBA programs have time duration of two to three years or six to twelve trimesters. The marks are assessed on the basis of assignments and case studies.
Australia holds a commendable position in world MBA map. Since the dawn of new millennium, Australian universities have kept on striving hard to improve their education structure and the efforts have paid rich dividends.
Most of the Australian universities constantly register themselves in the top colleges’ rankings. Their rankings are even more remarkable, considering the fact that these rankings are based upon Asia-Pacific region and on a world wide scale.
Australian business schools are getting very popular amongst the Indian sub continental students. Australian MBA universities have managed to deliver the goods over a period of time. They also hold an edge over other education destinations in terms of quality of education, less educational costs and chances of getting employment opportunities after the course completion.
MBA rankings institutions use many parameters while ranking colleges. These parameters include, average salary placement, value for money, salary percentage increase over previous years, career progress rank, placement success, Alumni recommendation etc. Rankings surveys also take into consideration other important factors like diversity ratio, Women students, Women faculty, International students, International board, Women board, Idea generation and languages amongst others
Below presented are two lists of top ten Business Schools in Australia
Asiaweek ranking:-
1) Melbourne Business School
2) Macquarie University
3) Monash Mount Eliza Business School
4) Queensland University of Technology 1
5) University of Queensland
6) University of Adelaide
7) Curtin University of Technology
University of Technology, Sydney
9) University of South Australia
10) RMIT
Financial Times Ranking:-
1. Australian Graduate School of Management
2. Melbourne Business School
3. Macquarie Graduate School of Management
4. Monash Mount Eliza Business School
5. Brisbane Graduate School of Business
6. University of Queensland
7. University of Adelaide
8. Curtin University of Technology
9. University of Technology Sydney
10. University of South Australia (International GSM)
11 RMIT University
Most of these lists have common names barring few exceptions. Though, sometimes, these rankings tend to vary. These MBA schools possess global reputation. But one thing is sure; all of the colleges mentioned above provide quality education and are best options available to management aspirants.
- Curtin Business School, (Curtin University of Technology), Perth
- Graduate College of Management, (Southern Cross University), Lismore NSW
- Faculty of Business and Law, (University of Newcastle), Newcastle NSW
- Faculty of Business, (University of the Sunshine Coast), Maroochydore DC Queensland
- Faculty of Business and Law, (Deakin University), Geelong Victoria
- Graduate School of Business Administration, (University of New England), Armidale NSW
- Murdoch Business School, Murdoch University, Murdoch WA
- Faculty of Business and Law, (Central Queensland University)
- International Graduate School of Management, (University of South Australia), Adelaide South Australia
Most of these online MBA programs are of two years or four semesters. Students have to choose from core and elective units. Assessment method is normally based on assignments and case studies. Applicants have multiple choices for selecting specializations.
They can choose from a plethora of subjects like, International Management, Corporate Administration, Leadership, eCommerce, Marketing, Engineering Management, Strategy, Finance, Human Resource Management, Health Management, Information Systems, Management Accounting, Logistics, Mineral Economics, Public Sector Management, Public Relations, Research and Small Business and Entrepreneurship to name a few.
Australia provides a wonderful opportunity to the students who are willing to do their Masters in Management. Apart from USA and Europe, Australia has been quite a popular destination for MBA aspirants in recent times.
Australian universities have an international recognition and are very much popular all across the globe and particularly in Asia-Pacific region.
MBA courses from Australian universities are an interesting and attractive mix of various aspects of business and management. The speciality of Australian MBA courses lies in practical application of study material. Australian universities offer management courses in multiple disciplines.
Australian universities offering MBA courses have included exemplary teaching methodology. Not only, focus is on improving basic skills required to work efficiently in business environment but they also strive to inculcate theoretical aspects in students in such a way that, students can effortlessly integrate into the rough waters of business world. These courses are designed in such a way that, students get to explore various theories related to subjects like statistics, economics, psychology, human behaviour, competitive analysis, leadership etc. Australian MBA colleges also work in sync with business houses and that proves very crucial in forming industry specific course curriculum.
Another criterion for getting admission into management courses in Australia is to have minimum two to three years of work experience. One must have significant work experience to get into MBA courses. But, to the convenience of many students who do not possess any work experience, five to six Australian management colleges accept students even without any sort of work experience.
Aspiring MBA candidates need to clear GMAT, TOEFL or IELTS for getting through Australian MBA universities. Though, few universities adopt more flexible stance regarding GMAT yet its better to have a GMAT score because top colleges like Melbourne Business School and others require these scores.
All Australia universities require TOEFL or IELTS score. In fact, barring one or two exceptions all management colleges in Australia have made it mandatory for the students to take TOEFL or IELTS. Notable point is students from Indian sub-continental countries like India, Bangladesh, Pakistan, Sri Lanka and other countries, compulsorily need to take IELTS if they want to have Australian student visa.
Several Australian business schools find frequent mention in the top class management colleges ranking published all over the world. Australian B-schools have made a reputation for themselves over the years. Their management courses are quite popular in Asia-Pacific region.
When it comes to naming good B-schools, there are various options available to MBA aspirants. All of these quality management schools have unique, contemporary course modules designed in collaboration with industry experts. Students can opt for specializing in their chosen subjects as many traditional and new subjects are available to them.
The fees for Australian universities range from 15000$ to 55000$, depending upon the course duration and program offered. Generally, Australian universities offer very few scholarships funds to overseas students. Though, students have the option of applying for funds through Australian and home country government. However, mostly students should be prepared to arrange their own money because of lack of scholarships options.
These are few of the good B-schools in Australia. Students have the choice of going for full time, part time, distance learning, online or executive MBA programs from these colleges.
- Melbourne Business School, University of Melbourne
- Macquarie Graduate School of Management
- Australian Graduate School of Management
- University of Tech Sydney – Business Faculty
- Faculty of Business – Bond University
- Graduate School of Business – RMIT University
- Faculty of Business – Queensland University of Technology
- Deakin Business School
- Curtin Business School
- Sydney Graduate School of Management, University of Western Sydney
- Griffith University MBA
- University of Queensland
- Mt Eliza Center for Executive Education, Melbourne Business School
- National Graduate School of Management – Australian National University
- Graduate School of Management, University of Western Australia
- Faculty of Business and Law, Victoria University
- James Cook University
- Swimburne University of Technology
- La Trobe University
- University of Newcastle
- University of Tasmania
- University of Canberra
- Charles Sturt University
- Southern Cross University
Australia is renowned for its prominent universities who have made a habit of imparting quality education to students coming from all over the world.
Australian universities excel at providing meticulous educational curriculum relevant to the often changing requirements of corporate world.
Australian management colleges offer quality learning milieu which helps in raising the bar with every passing year.
Australian MBA programs work in many ways. First of all, it develops the capabilities of students. Not only students turn out to be academically improved and valuable team member, but they are also found more apt at handling inter personal relationships with increased self-esteem and effective communication skills. These specifically designed courses also prove very crucial in developing leadership skills amongst the students.
This gives us a hint about why Australian management programs have become so popular. Almost 55 Australian universities conduct MBA programs and most of these programs adhere to high educational values. It has become a common sight to see and read about Australian universities coming up with new researches and teaching methodologies every now and then.
Australian business schools normally have 16 to 20 month MBA program and this factor not only helps students in saving costs but makes them more efficient as well.
Course curriculum developed by Business Schools is greatly instrumental in shaping up career of overseas students. Australia is ranked third in popularity after USA and Europe.
Students from all over the world, including America, Africa, Europe and India join Australian business programs in large numbers and that truly makes it a global educational hub. This also helps students in understanding different cultures and that in turn makes them more flexible and open to new changes.
Australia is an established economic powerhouse and its geographical proximity to other blooming economies like, Hong Kong, Singapore and Taipei gives it an extra edge. Many of the Australian courses focus on Asia-Pacific region and facilitate students exchange programs with other prominent universities, within and outside Australia.
The course fees charged by Australian universities are also quite low compared to USA and Europe. Other advantages include, low cost of living and bright chances of finding employment opportunities after completing MBA program.
