10 Cheapest colleges for MBA in Australia

Australia is very famous all over the world for its higher education system. It is marked as the fourth country in the entire world, where students prefer to go for studying away from their country. Australian five institutions fall under the world top 50 universities according to the QS World Ranking 2024. For international students, it is a popular place to study MBA in Australia.

Human resources and marketing are the main subjects at Australian Business Schools. This option can provide candidates a step towards building a fruitful career in the business sector. Australia has also known it as an open door to professional opportunities. It is home to a number of top-ranked B-schools. And yet, it’s still not that much costly as compared to other forms of education.

Read the blog to know about the best cheapest colleges for MBA in Australia.

Reasons for pursuing an MBA in Australia:

Some of the finest universities in the world are in Australia. This year, approximately 20,000 international students on the MBA in Australia will be welcomed by universities. Some of the main considerations that influence the decision of international students to study MBA in Australia are given below:

  1. Australia considered one of the three most liveable countries in the world. Because of good education system maintaining a high standard of living. 

2. Due to its high educational program reputation, graduates from Australia tend to be in high demand.

3. The Australian government through the ESOS Act and national regulatory bodies such as TEQSA provides protection for overseas students in Australia.

4. The AQF sets the framework for recognition of qualifications in countries all over the world with similar credentials being provided for use locally.

Cheapest colleges for MBA in Australia:

Below are the best MBA Colleges offering affordable tuition for MBA in Australia for Indian students:

Universities /Colleges
Kaplan Business School
Holmes Institute
Charles Darwin University
Victoria University
Edith Cowan University
Central Queensland University
James Cook University
University of Southern Queensland
Federation University
University of Sunshine Coast

Top MBA Courses & Tuition Fees

Here is the list of best courses:

CoursesDuration (Year)Estimated Fees (Yearly)*University
Project Management, Digital Management2 ₹8,43,320Kaplan Business School
Accounting, Business Administration1.5₹8,43,320Holmes Institute
MBA in Sustainable Enterprise12 months₹11,27,720Charles Darwin University
General MBA2₹11,48,560Victoria University
MBA1.5₹11,71,320Central Queensland University
Master of Business Administration2₹17,95,370Edith Cowan University
MBA1.5₹25,47,640University of Southern Queensland
Master of Business Administration2₹18,93,400James Cook University
MBA1.5₹15,05,620University of the Sunshine Coast
Master of Business Administration2₹16,60,510Federation University

Cost of Studying MBA in Australia

In Australia, the average cost of attending school is approximately AUD 59,966 (INR 32,89,150). The annual tuition for Australia’s affordable MBA schools ranges from AUD 45,000 (INR 24,68,260) to AUD 822,000 (INR 4,50,86,930).

When figuring out how much it will cost to study in Australia, also need to consider the cost of living there for international students. The average annual cost of living is AUD 20,000 (INR 10,97,000).

Note: Tuition fees depend on the university and courses applicant wish to pursue

Scholarships for MBA Students in Australia

Here are some notable scholarships available in 2025:

ScholarshipEligibilityBenefits
Dean’s International Management ScholarshipFull-time MBA students at Melbourne Business SchoolFull tuition waiver
Clemenger BBDO ScholarshipMBA Marketing students (merit-basedUp to AUD 50,000 (INR 27,07,950)
Women in MBA ScholarshipFemale MBA candidates50% tuition fee covered
Diversity Excellence ScholarshipFull-time MBA at Melbourne Business School50% program fees

Job Prospects after MBA in Australia

Graduates with an MBA from an Australian university have access to post-study work visas and can pursue high-paying careers.

Job TitleEstimated Annual Salary (AUD/INR)*
Business Development ManagerAUD 100,000 / ₹54,15,890
Operations ManagerAUD 82,000–120,240 / ₹44,41,030–₹65,08,780
Business AnalystAUD 95,000–100,000 / ₹51,45,100–₹54,15,890
Account ManagerAUD 95,600–126,710 / ₹51,77,590–₹68,62,480
Marketing CoordinatorAUD 65,000 / ₹35,20,330

Visa Update (2025): Students graduating with eligible master’s degrees in regional areas may get up to 6 years of post-study stay, enhancing job and PR prospects.

Studying an MBA in Australia remains a smart choice in 2025. Whether you’re looking for affordability, academic prestige, or post-study career opportunities, Australia provides a well-rounded experience for international students.

Planning to study in Australia, visit DK Visa Consultant and talk with our experts team for proper guidance.

FAQ

Q1. Is it worth doing a low-cost MBA in Australia?
Ans: Yes. Many affordable MBA programs in Australia are offered by reputable universities featured in global rankings and recognized worldwide.

Q2. How much does an MBA in Australia cost for Indian students?
Ans: On average, MBA programs cost between AUD 20,000 and 45,000 annually, depending on the university and course.

Q3. How long does it take to complete an MBA in Australia?
Ans: MBA durations vary between 1 to 2 years, with some intensive programs completed in 12–15 months.

Q4. What are the popular MBA specializations in Australia?
Ans: Top specializations include:

  • Marketing
  • Finance
  • Healthcare Management
  • Human Resource Management
  • Entrepreneurship

Q5. Can I stay in Australia after completing my MBA?
Ans: Yes. International students are eligible for Post-Study Work Visas of 2 to 6 years, depending on course and location.