Australia is one of the top study destinations for international students from all over the world. It is one of the top 5 study destinations for international students who want to pursue an MBA abroad. An MBA in Australia costs around 40,000 USD to 63,000 USD. International students are required to bear the living expenses of about AUD 20,700 in addition to the MBA fees in Australia.

Australia offers quality education, high-end research opportunities, and excellent career prospects that make it a favorite study destination for MBA aspirants. In addition to this, the favorable visa policies also attract a lot of international students to pursue their higher studies in Australia. The total cost of studying MBA in Australia varies for the different universities and is based on the location of the university.

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Cost of MBA in Top Universities in Australia

One of the most important deciding factors while choosing an MBA university in Australia is the course curriculum and the cost of the program. Additionally, international students should also consider other fees such as living costs, course fees, accommodation costs, travel expenses, and more while calculating the MBA in Australia cost. Given below are some of the popular universities with their respective MBA fees in Australia for international students.

University Name Total Course Fee
University of Sydney Business School $97,500
University of New South Wales $87,820
University of Melbourne $85,470
University of New South Wales $84,135
Macquarie University $80,000
University of Western Australia $73,500
Curtin University $71,200
Monash University $65,600
University of Technology Sydney $62,784
University of Adelaide $60,000
QUT Business School $57,600
University of New South Wales $56,520
Bond University $56,373

Affordable Universities for MBA in Australia

An MBA in Australia costs anywhere between 40,000 USD to 63,000 USD for a duration of 15 months to 2 years. The tuition fees are a big point of a differentiator in deciding the total cost of doing an MBA in Australia apart from the living costs. Listed below are some of the cheapest universities for MBA in Australia for international students:

  • Kaplan Business School
  • Holmes Institute
  • Charles Darwin University
  • Edith Cowan University
  • Victoria University
  • Central Queensland University
  • IIBIT
  • Federation University
  • University of Southern Queensland
  • Southern Cross University

MBA in Australia Cost in Indian Rupees

The MBA fees in Australia for Indian students come up to INR 45 lakhs. UWA and La Trobe Business School have the lowest fee and Melbourne Business School has the highest fee for MBA in Australia among top-ranking institutes for international students. The MBA in Australia cost in Indian rupees is shown below:

University Name Total Fees (in INR)
Melbourne Business School 45.59 Lakhs
La Trobe Business School 30.38 Lakhs
RMIT University School of Business 43.53 Lakhs
Deakin Business School 31.89 Lakhs
ANU College of Business & Economics 36.58 Lakhs
UQ Business School 41.16 Lakhs
UWA Business School 30.41 Lakhs
Macquarie Graduate School of Management 40.31 Lakhs
Monash Business School 44.83 Lakhs
AGSM Business School 44.01 Lakhs

Living Costs in Australia for International Students

International students planning to pursue an MBA in Australia should bear the overall expenditure including hostel and meals, transportation, other course-related and personal expenses for the duration of the MBA course. Pre-arrival costs such as the expenses incurred while submitting an application for an MBA degree should also be paid by international applicants. On average, international students will need approximately $14,432 per year towards living expenses in Australia. The monthly living costs that are a part of the MBA fees in Australia for Indian students are given below:

  • Rentals (On-Campus Accommodation): AUD 750
  • Transportation Pass: AUD 100
  • Basic Amenities: AUD 250
  • Entertainment: AUD 200
  • Groceries and Eating Out: $560- $1,120
  • Phone and Internet: $60- $120
  • Public Transport: $120- $240

Pre-Arrival Costs for an MBA in Australia

International students applying for an MBA in Australia are required to bear certain charges before coming to Australia which includes a registration fee of required test scores, application fee, student visa fee, etc. Some of the pre-arrival costs for international applicants to Australia are shown below:

Pre-Arrival Expenses

Cost (in AUD)

Application Fee

$100

Australian Student Visa Fee

$426

GMAT Fee

$250

GRE Fee

$205

TOEFL (iBT) Registration Fee

$160-$250

IELTS Registration Fee

$215-$240



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