Master of Management in Australia
Australia! The land down under is the 3rd most popular destination for students wanting to pursue their higher education abroad. It is home to top B-schools such as University of Sydney, Australian National University, Melbourne Business School, and Macquarie Graduate School of Management making it an attractive destination for Masters program. With worldwide recognition given to its universities, its diversity, multicultural environment, well planned out cities, high standard of living, flexible visa rules, it truly deserves to be on top of the list when it comes to students wanting to study and work abroad. The possibility of good jobs after graduation and also a number of scholarships given to students to finance their studies, just become the cherry on the cake.
Quality and Cost of Living
Australia has some beautiful and well-planned cities such as Sydney, Melbourne, Brisbane, with high standards of living. Australia has migrants from myriad nations, hence giving rise to a multicultural society. With special importance given to outdoor activities, Australians have access to well-maintained parks and cycling tracks. They also have a good network of public libraries.
Australia is consistently ranked as one of the best countries to live in, thanks to its politically stable environment, good year-round climate, world-renowned universities providing quality education, sophisticated health care system etc.
The average cost of living would be around $300 to $400 per week, inclusive of rent, groceries, transportation, bill etc.
Job Scenarios after Master of Management in Australia
Though Australia is famous for its hospitality sector, management jobs continue to be lucrative, giving students an opportunity to work in multinational companies such as IBM, Loreal, Johnson & Johnson, Cisco, Morgan Stanley, Deloitte etc.
With so many companies recruiting students, it is important to know that Australians give high importance to the level of English that you can communicate with others. Hence, brush up your language skills before attending interviews.
Visa and Immigration Rules
A student visa must be applied for one to study in Australia.
- You must be accepted to a full-time educational institution in Australia.
- Must show proof for enough financial aid to study an stay in Australia.
One must also undergo a health check-up as part of the visa requirements. Also, a health insurance is required.
The duration of the visa lasts up to the duration of the course.
The Temporary Graduate Visa allows students to look for jobs in Australia after they finish their studies. This is given for a period of 18 months, where students can find employment in those sectors that are most popular in Australia.
The Post Study Work visa offers a visa for students for up to 4 years, depending on their educational qualification.
Top Schools For MiM in Australia
Here are the top universities for Masters in Management in Australia. These schools are recognised all over the world and have been known to provide quality education since ages. Their MiM programs are worth to be taken note of.
- Australian National University
ANU offers a wide variety of specialisations like Business Information Systems, Entrepreneurship and Innovation, Leadership, Business Core etc.
Program Length: 2 years
Placements: ANU students have been ranked as Australia’s most employable graduates.
Tuition fee: $41,040 for international students and $30,768 for domestic students.
Accreditation: Institute of Chartered Accountants, CPA Australia, the Australian Computer Society, the Actuaries Institute Australia, the Institute of Public Accountants, the Association of International Accountants, Chartered Financial Analyst Institute
Link to Review Page:
It is the oldest business school in Australia. It offers 4 foundation subjects, 4 core subjects
relative to the discipline you choose, 4 management electives and 3 general elective
Program Length: 2 years
Placements: The average starting salary was around $88,000 with top companies like IBM, Target etc recruiting students.
Tuition fee: $69,929
Link to Review Page:
- University of Sydney
The University of Sydney is well known for its beautiful campus. It is an intensive course of study where students need to complete a capstone project. They also have an intensive immersion program in China, where students get hands-on experience in working in a multicultural environment.
Program Length: 1.15 years
School Rank: 25 in FT Ranking’17
Placements: Companies like Deloitte, Cisco, Rocket, PwC, Loreal etc recruit students.
Accreditation: Member of CEMS, AACSB, EQUIS.
Link to Review Page:
There are a number of scholarships that students can apply to, to fund the tuition fees and their living expenditures while pursuing Master of Management in Australia. Here are two of the most popular scholarships.
Endeavour Postgraduate Scholarship Awards
Full financial support is given to international students, pursuing Masters or PhD. This scholarship not only covers tuition fees but also travel expenses, monthly allowance, health and travel insurances.
Australia Awards Scholarships
This is given by the Department of Foreign Affairs and Trade to those who come from the Indo-Pacific region, to pursue either undergraduate or postgraduate degrees, in certain recognised universities.
Numerous scholarships are given by the universities themselves for students enrolled in their program. Make sure to check for scholarships before you apply for Master of Management in Australia. Here are a few of the scholarships given by recognised universities across Australia:
- Macquarie University International Scholarships: Given to outstanding students in undergraduate or postgraduate degrees. Funds up to AUD$10,000 are given out.
Here is a List of Top Schools for Master of Management in Australia
Apart from the above universities, there are many other schools that offer the Masters of Management in Australia. Here is a list of 10 such MiM Schools:
|Sl.No.||School Name||Program Name||Program Length|
|1.||Monash Business School||Master of Business||1.5 years|
|2.||Macquarie Graduate School of Management||Master of Management||2 years|
|3.||Swinburne University of Technology||Master of Business Management||1.5 years|
|4.||Sydney Business School, University of Wollongong||Master of Business||1.5 years|
|5.||La Trobe University – La Trobe Business School||Master of Business||2 years|
|6.||University of the Sunshine Coast||Master of Management||2 years|
|7.||Charles Sturt University||Master of Management||1 year|
|8.||Victoria University||Master of Business||1.5 years|
|9.||University of Canberra||Master of International Business||3 Semesters Full time|
|10.||University of Queensland||Master of Global Management||2 years|
If you are looking forward to pursuing Master of Management in Australia & are eager to know where you stand amongst your peers, and which schools can be a good fit for you, check our FREE Profile Evaluation (will be linked).