Top 12 MBA Universities in Australia [Rankings, Courses, Scholarships & More]

Australia has become a prime destination for students looking to pursue an MBA, with many universities offering specialized programs. Australian universities follow a ‘Harvard style’ management education, incorporating around 16 diverse business subjects. These comprehensive programs are designed to offer a well-rounded business education, combining both theoretical knowledge and practical skills. In this blog, we will explore the top MBA universities in Australia, highlighting their rankings, eligibility criteria, and job opportunities for graduates.

List of Best MBA Colleges in Australia with Rankings

Here’s a table of the top MBA universities in Australia including their QS MBA Rank and location:

QS Global MBA Rank (Australia)	University Name	Location
1	Melbourne Business School	Melbourne, Australia
2	UNSW (AGSM) Australian Graduate School of Management	Sydney, Australia
3	University of Sydney Business School	Sydney, Australia
4	UQ Business School	Brisbane, Australia
5	Macquarie Business School	Sydney, Australia
6	University of Western Australia Business School	Perth, Australia
=7	RMIT University School of Business and Law	Melbourne, Australia
=7	UniSA Business School	Adelaide, Australia
=7	University of Technology Sydney Business School	Sydney, Australia
=7	University of Wollongong	Sydney, Australia
=12	Deakin Business School	Melbourne, Australia
=12	La Trobe Business School	Melbourne, Australia

Note: “=” indicates that two or more institutions share the same ranking.

Top MBA Universities in Australia 

Australia’s best universities offer MBA programs tailored to different industries and career aspirations. From universities in bustling cities like Sydney and Melbourne to those offering more affordable options in regional areas, this list covers a wide range of institutions. Here we will provide an overview of the top 12 business schools in Australia, emphasizing their unique strengths and global recognition.

1. Melbourne Business School

Melbourne Business School (MBS) is the best MBA college in Australia for aspirants who want a dynamic and transformative experience. It is jointly owned by the University of Melbourne and the business community, which makes the program highly industry-focused. MBS’s MBA program is ranked 32 in the QS Global MBA Rankings for 2025. The program is internationally renowned for its strength in thought leadership, where it ranks 13 globally. 

With over 20% of its faculty members featured in Stanford University’s Top 2% of Scientists in the Business and Management category, students benefit from the latest in business research and trends. To apply, you need a GMAT score of 650+, two years of professional work experience, and an English proficiency test score (for non-native speakers). The Career Development Centre also provides strong support in securing internships and job placements.

Here’s a table highlighting key details of the MBA program at the Melbourne Business School:

Parameter	Details
Course Fees	₹28.67 LPA / AUD 49,815
Duration	2 years
Scholarships	1. Sidney Myer Centennial Scholarship 2. Melbourne Chancellor’s Scholarship 3. Research Training Program Scholarship
Average Salary	₹67.85 LPA/AUD 120,000
QS 2025 MBA Ranking (Global)	#32
Top Specializations	– Leadership – Data Analysis – Managerial Economics – Innovation Bootcamp – Managerial Ethics and the Business Environment – Financial Accounting

Note: Looking for your dream college abroad for MBA & Masters? Choose from 4000+ colleges and get personalized counseling for free through a study abroad program.

2. UNSW (AGSM) – Australian Graduate School of Management

AGSM, located in Sydney’s Eastern Suburbs and part of the UNSW Business School, is a leader in providing innovative, world-class MBA education. The school emphasizes experiential learning and equips students with the tools to succeed in a global business landscape. With strong industry ties and a dedicated Career Development Centre, students have access to a wide array of internships, case competitions, and recruitment opportunities.

The admissions process is competitive, requiring a GMAT score of 550+ and a GRE score of 307+. The international exchange programs offered by AGSM give students a global perspective, making it a top choice for those looking to broaden their career horizons across industries.

Here’s a table highlighting key details of the MBA program at the Australian Graduate School of Management:

Parameter	Details
Course Fees	₹46.21 LPA/AUD 81,720
Duration	The Full-Time MBA Program – 12 months The MBA (Extension) Program – 24 months
Scholarships	1. AGSM Global Reach Scholarship 2. AGSM National Reach Scholarships 3. AGSM Returning Australian Scholarships 4. AGSM Military Scholarship 5. AGSM Wandering Warriors Scholarship 6. AGSM Excellence Scholarship 7. AGSM Leadership Excellence Scholarship 8. AGSM Women In Leadership Scholarship
Average Salary	₹68.50 LPA/AUD 125,000
QS 2025 MBA Ranking (Global)	#33
Top Specializations	– Financial Planning – International Business – Finance – Financial Analysis – Professional Accounting – Project Management – Health Leadership and Management

3. University of Sydney Business School

The University of Sydney Business School consistently ranks among the top 50 business schools globally. As one of the top MBA universities in Australia, it offers MBA programs known for its academic excellence and global approach. The program has triple accreditation (EQUIS, AACSB, AMBA) and is a member of the prestigious CEMS network, providing students with international exposure.

The MBA program is an 18-month full-time course, with an intensive format that includes two units over 7–8 weeks. Students have the option to take internships and focus on subjects such as finance, marketing, strategy, big data, creativity, leadership, and complex systems. 

Admission requires a GMAT score of 600+, a GPA of 4.0+, and relevant work experience. The university’s well-structured MBA program is designed to equip future leaders with critical thinking and problem-solving skills in today’s global business environment.

Here’s a table highlighting key details of the MBA program at the University of Sydney Business School:

Parameter	Details
Course Fees	₹26.5 LPA / AUD 46,062
Duration	1.5 years
Scholarships	1. Postgraduate Academic Excellence Scholarship 2. Postgraduate Academic Excellence Scholarship – MBA 3. Postgraduate Academic Excellence Scholarship – MS in Applied Finance 4. Postgraduate Academic Excellence Scholarship – MBA Advance
Average Salary	₹66.11 LPA / AUD 120,500
QS 2025 MBA Ranking (Global)	#45
Top Specializations	– Leadership and Enterprise – Project Management – International Business – Accounting and Finance – Logistics and Supply Chain Management – Public Policy

4. UQ Business School – University of Queensland

The University of Queensland (UQ) is a globally recognized institution with a strong commitment to academic and research excellence. UQ Business School is located in Brisbane and has been ranked among the top business schools in Australia spread across four campuses.

The school’s MBA program focuses on leadership, strategy, and innovation, preparing students to become future leaders in their fields. Admission requirements include a GMAT score of 550+ and a GPA of 4.0+. Non-native English speakers need to provide IELTS or TOEFL scores (IELTS 6.5+ or TOEFL 87+). 

Here’s a table highlighting key details of the MBA program at the University of Queensland:

Parameter	Details
Course Fees	₹36.82 LPA / AUD 63,984
Duration	1 year
Scholarships	1. UQ International Student Scholarships (Need-based) 2. International Onshore Merit Scholarship (Merit-based) 3. UQ International High Achievers Award – India (Merit-based) 4. School of Chemistry and Molecular Biosciences Indian Scholarship (Merit-based) 5. UQ International Excellence Scholarship (Merit-based) 6. Barbara Hebden Music Bursary
Average Salary	₹62.70 LPA / AUD 114,000
QS 2025 MBA Ranking (Global)	#81
Top Specializations	– Health and Medicine – Sports – Economics – Governance and Public Policy – Environmental Management

5. Macquarie Business School – Macquarie University

Macquarie Business School focuses on developing leaders with a global mindset and a commitment to responsible citizenship. With over 40 years of experience in postgraduate management education, Macquarie offers a robust MBA program that is both industry-connected and research-driven. The program is designed to cultivate sustainable value and has a strong emphasis on leadership, business analytics, and innovation.

Applicants are expected to have a GMAT score of 680+ and a GPA of 4.0+, reflecting the program’s academic rigor. Here’s a table highlighting key details of the MBA program at the Macquarie Business School:

Parameter	Details
Course Fees	₹24.86 LPA / AUD 43,200
Duration	1 – 2 years
Scholarships	1. India $10,000 Early Acceptance Scholarship (PG) 2. Vice-Chancellor’s International Scholarship (Master’s) 3. Macquarie University $5000 Regional Scholarship (Master of Management) 4. Macquarie University India Scholarship (Master of International Business) 5. Macquarie University Regional Scholarship (Master of Applied Finance) 6. Macquarie University India Scholarship (Master of International Trade and Commerce Law)
Average Salary	₹60.80 LPA / AUD 110,500
QS 2025 MBA Ranking (Global)	#101-110
Top Specializations	– Marketing – Finance  – Data Science – Accounting – Public Health

6. University of Western Australia Business School

The University of Western Australia Business School is one of the top MBA universities in Australia. UWA is located in Perth and is known for inspiring and developing future business leaders through a strong combination of research and practical learning. It is also one of the few institutions in Australia to be accredited by both EQUIS and AACSB. It offers undergraduate and postgraduate courses in various business fields, and its strong industry ties provide students with significant real-world experience. The admissions process includes submitting a competitive GMAT score and having relevant work experience, ensuring a highly qualified cohort.

Here’s a table highlighting key details of the MBA program at the UWA Business School:

Parameter	Details
Course Fees	₹33.15 LPA / AUD 57,600
Duration	16 months
Scholarships	1. UWA- International Student Award (₹11.1 L) 2. UWA Global Excellence Scholarships (India) PG (₹6.7 L) 3. UWA Global Excellence Scholarships (India) Master of Business Information and Logistics Management (₹6.7 L, ₹5 L, ₹3.9 L, ₹2.8 L)
Average Salary	₹61.77 LPA / AUD 112,000
QS 2025 MBA Ranking (Global)	#121-130
Top Specializations	– Applied Finance – Business Information and Logistics Management – Business Administration and Laws – Marketing – Professional Accounting – Professional Accounting (Chartered Accounting) – Human Resources and Employment Relations – Strategic Communication – Public Policy

7. RMIT University School of Business and Law

If you’re looking to immerse yourself in a practical and globally oriented MBA program, RMIT University in Melbourne might be the perfect fit for you. As one of Australia’s largest universities, RMIT offers a dynamic learning environment that emphasizes hands-on experience and industry connections. You’ll benefit from work-integrated learning opportunities, internships, and placements that prepare you for real-world business challenges.

To join RMIT’s MBA program, you’ll need a bachelor’s degree with a minimum GPA of 2.0 and a GMAT score of 550 or above. If English isn’t your first language, an IELTS score of 6.5+ or a TOEFL score of 79+ is required. 

Here’s a table highlighting key details of the MBA program at RMIT University:

Parameter	Details
Course Fees	₹28.18 LPA / AUD 48,960
Duration	2 years
Scholarships	1. Future Leaders Scholarship 2. RTP Stipend Scholarship (RSS) 3. RMIT Research Stipend Scholarship (RRSS) 4. RMIT Research International Tuition Fee Scholarship (RRITFS) 5. RTP International Fee Offset Scholarship (RIFOS)
Average Salary	₹53.82 LPA / AUD 98,500
QS 2025 MBA Ranking (Global)	#151-200
Top Specializations	– Professional Accounting – Finance – Marketing – Project Management – Blockchain Enabled Business – International Business – Supply Chain & Logistics – Property – Human Resource Management – Disaster, Design, and Development – Supply Chain and Logistics Management – Public Policy

8. UniSA Business School – University of South Australia

At UniSA Business School, you can pursue an MBA that’s deeply rooted in entrepreneurship and leadership. The school is part of the University of South Australia and is known for its strong industry partnerships and research-oriented approach. 

Admission to the MBA program requires a bachelor’s degree with a GPA of 4.0 or higher and a GMAT score of at least 600. The program is accredited by the AACSB, assuring you of a high-quality education that’s recognized worldwide. By studying at UniSA, you’re positioning yourself at one of Australia’s leading business schools, where innovation and practical learning go hand in hand.

Here’s a table highlighting key details of the MBA program at the UniSA Business School:

Parameter	Details
Course Fees	₹25.21 LPA / AUD 43,800
Duration	18 months
Scholarships	Gavin Wanganeen Aboriginal MBA ScholarshipOmni Executive Defence ScholarshipPeter McInnes Memorial Travel GrantThe Ruth Rentschler Arts and Cultural Management GrantSir Ross and Sir Keith Smith FundUniSA Global Executive MBA in Defence and Space ScholarshipUniSA Defence & Space MBA ScholarshipWomen in MBA (WiMBA) ScholarshipAboriginal and Torres Strait Islander MBA Scholarship
Average Salary	₹52.15 LPA / AUD 95,000
QS 2025 MBA Ranking (Global)	#151-200
Top Specializations	Tourism and Event ManagementHuman Resource ManagementAdvertising and Brand ManagementFinanceHealth Services ManagementGlobal Investment and TradeFinancial PlanningArts and Cultural ManagementSupply Chain ManagementBusiness AnalyticsProfessional AccountingApplied Project Management

9. University of Technology Sydney Business School

The UTS Business School is one of the top MBA universities in Australia, that offers both innovative and technology-focused programs. Located in the vibrant city of Sydney, you’ll study at Australia’s leading university of technology. The program is designed to equip you with the latest knowledge and skills in areas like supply chain management, marketing, and finance.

To apply, you should have a strong academic background and relevant professional experience. While specific GMAT requirements may vary, a competitive score will strengthen your application. 

Here’s a table highlighting key details of the MBA program at the UTS Business School:

Parameter	Details
Course Fees	₹27.68 LPA / AUD 48,096
Duration	2 years
Scholarships	1. UTS Postgraduate International Scholarship 2. UTS Vice-Chancellors International Postgraduate Coursework Scholarship 3. Postgraduate Academic Excellence International Scholarship – Master of Business Administration 4. UTS- MBA Scholarship for Outstanding Students
Average Salary	₹58.87 LPA / AUD 107,500
QS 2025 MBA Ranking (Global)	#151-200
Top Specializations	– Marketing – Property Development and Project Management – Finance – Not-for-profit and Social Enterprise Management – Human Resource Management – Supply Chain Management

10. University of Wollongong

If you’re aiming to elevate your career with a globally recognized MBA, the Sydney Business School, University of Wollongong could be your ideal destination. Located in the heart of Sydney at Circular Quay, the school offers a stimulating environment that blends theoretical knowledge with practical application. The program focuses on Australian, Asian, and global business issues, preparing you for leadership roles across various industries. 

You’ll need a bachelor’s degree with a GPA of at least 2.0 and a GMAT score of 600+ to apply. Accredited by AACSB and EPAS, the MBA program ensures you receive a quality education that’s respected worldwide. 

Here’s a table highlighting key details of the MBA program at the University of Wollongong:

Parameter	Details
Course Fees	₹19.39 LPA / AUD 33,696
Duration	18 months
Scholarships	1. UOW- Postgraduate Academic Excellence Scholarship 2. University of Wollongong Diplomat Scholarship 3. UOW- Alumni Scholarship 4. University Excellence Scholarship
Average Salary	₹55.44 LPA / AUD 101,200
QS 2025 MBA Ranking (Global)	#151-200
Top Specializations	– Project Management – Human Resource Management – Business Analytics – Applied Finance  – Supply Chain Management – Marketing – International Business

11. Deakin Business School

Deakin Business School provides a progressive MBA program that integrates cutting-edge research with real-world industry experience. With campuses in Melbourne, Geelong, and Warrnambool, you have the flexibility to choose a location that suits you. The school holds dual accreditations from AACSB and EQUIS, placing it among the top business schools globally.

To enroll, you’ll need a bachelor’s degree with a GPA of 4.0 or higher and a GMAT score of at least 590. Deakin is ranked in the top 1% worldwide for several business disciplines, ensuring you receive an education that’s both comprehensive and highly regarded. The school is also known for excellent student support, helping you make the most of your MBA experience and preparing you for future success.

Here’s a table highlighting key details of the MBA program at the Deakin Business School:

Parameter	Details
Course Fees	₹27.97 LPA / AUD 48,600
Duration	1-2 years
Scholarships	1. Deakin India 20 percent PG Bursary- MBA International (₹5 L) 2. Deakin Vice-Chancellors International Scholarship- MBA International (₹25 L) 3. Master of Business Administration Global Leaders Scholarship (₹5.2 L) 4. Deakin International Scholarship- MBA International (₹6.2 L) 5. Deakin India 25 percent Merit Scholarship (MBA international) (₹6.2 L)
Average Salary	₹56.27 LPA / AUD 102,700
QS 2025 MBA Ranking (Global)	#201-250
Top Specializations	– Business Analytics – Health Management – Finance – Business (Sport Management) – Energy System Management – Health and Human Services Management

12. La Trobe Business School

La Trobe Business School is among the best university for MBA in Australia. It offers an MBA that’s flexible and internationally accredited, perfect if you’re seeking a program that fits your lifestyle. With the main campus in Melbourne and options to study at various locations or online, you can tailor your education to your needs. The program emphasizes leadership development and practical skills to help you thrive in today’s competitive business environment.

Admission requires a bachelor’s degree and a GMAT score of 650+ or a comparable GRE score. Accredited by AACSB and EQUIS, your degree will be recognized globally, enhancing your career prospects. La Trobe is ranked highly in marketing and finance, reflecting its strong academic reputation. 

Here’s a table highlighting key details of the MBA program at the La Trobe Business School:

Parameter	Details
Course Fees	₹21.29 LPA / AUD 37000
Duration	18 months
Scholarships	1. Vice-Chancellor Scholarship – India and Sri Lanka (various programs) 2. La Trobe South Asia Academic Scholarship 3. Destination Australia Scholarships – International Students 4. La Trobe High Achiever Scholarship 5. Vice Chancellors India Scholarship (Master of Management, MBA, Engineering, Biotechnology and Bioinformatics, Data Science) 6. Early Bird Acceptance Grant – International Students 7. Postgraduate Regional Campus Scholarships 8. Albury-Wodonga Student Materials Bursary 9. La Trobe Excellence Scholarships (postgraduate coursework) – Master of Business Administration
Average Salary	₹52.33 LPA / AUD 95,300
QS 2025 MBA Ranking (Global)	#201-250
Top Specializations	– Finance – Human Resource Management – Business Analytics – Project Management – Business Information Management and Systems – Health Information Management – Marketing – International Business

Also Read: PR Courses in Australia

Eligibility Criteria to Study MBA in Australia

Eligibility criteria for studying an MBA in Australia generally include a combination of academic qualifications, work experience, and English proficiency scores. The following is a list of requirements for studying in an MBA college in Australia:

• Bachelor’s Degree: Bachelor’s degree from an accredited university in any field with a minimum score of 60%. Although most universities need a four-year bachelor’s degree, some could accept three years.
• Graduate Management Admissions Test (GMAT): The minimum GMAT score required for an MBA is 550. To increase your chances of gaining admission into top universities, you should have a competitive score of more than 650.
• English Language Proficiency Tests: IELTS (6.5 and a minimum of 6.0 in each section) or TOEFL (90+) scores are required.

Pro Tip: Join our online English-speaking course today and take your spoken English skills to the next level. 

Popular MBA Jobs and Salary in Australia

One of the primary reasons to pursue an MBA is the career opportunities it can unlock. Graduates from MBA colleges in Australia have access to a wide range of high-paying jobs across industries like consulting, finance, and marketing. Below is a table of popular MBA jobs with their respective salaries in Australia:

Job Title	Average Annual Salary (AUD)	Average Annual Salary (INR)
Marketing Manager	83,642	₹45.32 LPA
Finance Manager	103,010	₹55.82 LPA
Business Development Manager	82,201	₹44.54 LPA
Product Manager	91,069	₹49.34 LPA
Supply Chain Manager	102,302	₹55.43 LPA
Management Consultant	95,150	₹51.56 LPA
Human Resources Manager	96,689	₹52.39 LPA
Data Analyst	75,648	₹40.99 LPA
Accounting Manager	95,237	₹51.60 LPA
Digital Marketing Manager	85,977	₹46.59 LPA

Also Read: Cost of Living in Australia

Conclusion

MBA colleges in Australia offer students a unique blend of high-quality education, global exposure, and exciting career opportunities. With universities that rank among the top in the world, students can access a range of specialized programs and industry connections that provide invaluable experience. By understanding the eligibility requirements and career prospects, you can make an informed decision about pursuing your MBA in this dynamic country.

If you found this blog useful, check out our comprehensive guide on the cheapest countries to study abroad for Indian students.

FAQs