In what ought to be good news for those planning to join MBA courses in Australia, there has been only marginal increase in average fees for 2016.
Having recorded a hike of more than 8% (from $40,671 in 2014 to $44,200 in 2015), the average MBA for full fee paying domestic students increased only marginally to $44,866 in 2016.
Melbourne Business School, which increased its fees to $81,400 from $79,000 in 2015, retaines the top position offering the country’s most expensive MBA. On the second spot is The University of New South Wales (Australian Graduate School of Management) at $77,760 and Macquarie University’s Macquarie Graduate School of Management on the third at $76,000, says MBA News.
Having recorded a hike of more than 8% (from $40,671 in 2014 to $44,200 in 2015), the average MBA for full fee paying domestic students increased only marginally to $44,866 in 2016.
New entrant Ducere (University of Canberra) has a course fee of $30,000 while Torrens University (Chiefley Business School) in its debut MBA course is charging $ 27,000 (12 courses at $2,250 per course).
Incidentally, Torrens is the third cheapest by way of fees being charged for MBA courses. The Australian Institute of Business continues to be the cheapest at $21,780. On the second spot is Edith Cowan University at $26,550.
| 2016 MBA Fee At 40 Top Australian B-Schools | |
|---|---|
| University of Melbourne (Melbourne Business School) | $81,400 |
| University of New South Wales (AGSM) | $77,760 |
| Macquarie University (MGSM) | $76,000 |
| University of Western Australia | $68,500 |
| University of Technology Sydney | $61,344 |
| Monash University | $61,200 |
| University of Sydney Business School | $60,000 |
| Australian National University | $58,560 |
| University of Queensland | $54,480 |
| University of Adelaide | $54,000 |
| QUT Business School | $53,400 |
| La Trobe University | $48,900 |
| Griffith University | $48,000 |
| Deakin University | $48,000 |
| Charles Sturt University | $48,000 |
| RMIT University | $47,520 |
| Ducere (University of Canberra) | $45,000 |
| University of Wollongong (Sydney Business School) | $44,928 |
| University of Western Sydney | $44,000 |
| University of South Australia | $43,200 |
| Australian Institute of Management | $40,000 |
| CQUniversity | $38,000 |
| Southern Cross University | $37,440 |
| Federation University (FedUni) | $37,200 |
| Swinburne University of Technology | $36,600 |
| Curtin University | $35,600 |
| Murdoch University | $34,920 |
| Australian Catholic University | $34,740 |
| Victoria University | $33,151 |
| University of the Sunshine Coast | $33,120 |
| Flinders University | $31,140 |
| University of Newcastle | $30,879 |
| University of Southern Queensland | $29,160 |
| University of Canberra | $28,680 |
| Chifley Business School MBA | $28,344 |
| University of New England | $27,984 |
| Torrens University (at Chifley Business School) | $27,000 |
| Edith Cowan University | $26,550 |
Source – B-School websites and brochures
Disclaimer: The fees list is only a general guide for domestic Australian students, sourced from publicly available information or individual universities and business schools. Fees for international students may be different.
While we have tried to ensure accuracy, please refer to B-School’s websites and brochures for current, updated and accurate information which may be different due to fee revisions, changes in course credit requirements etc.
Where schools have not provided full degree fees OneYearMBA has made a judgement on the full degree costs extrapolated from fee for individual courses needed to complete a course or time required to complete a course. In the former case, the current year indicative fee has been extrapolated over the course period.
The fees listed may or may not include incidentals and other expenses such as textbooks and learning materials.