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MBA in Australia: Fee
Cost of Studying MBA in Australia
The cost of studying MBA in Australia is quite low. Typically, you have two kinds of expenses to deal with when getting admitted for an MBA in Australia.
- Pre-arrival cost: The pre-arrival cost involves the fee for most of your documentation.
- Post-arrival cost: The post-arrival cost refers to your tuition fees, supplies, transport, stay, and food.
Pre-arrival Cost
To study in Australia, you have to incur expenses related to your documents. Some of them include the registration fee for your required test scores, the student visa fee, your application fee, and so on.
Given below is an estimate of the costs:
| Type of Expense | Cost (USD) |
| Australian Student Visa Fee | 426 |
| Application Fee | 100 (approx) |
| TOEFL (iBT) Registration Fee | 160- 250 |
| IELTS Registration Fee | 215- 240 |
| GRE Fee | 205 |
| GMAT Fee | 250 |
Post-arrival Cost
The projected fees in a business school in Australia are between $40,000 to $63,000. Among the top-ranked universities in Australia, the UWA and La Trobe Business School charge the lowest fee, while Melbourne Business School charges the highest fees.
Tuition Fees for MBA in Australia for Indian Students in Rupees
Below are the tuition fees for doing MBA in Australia in Rupees:
| B-School | Full-time MBA Fees (INR) |
| La Trobe Business School | 30.38 Lakhs |
| UWA Business School | 30.41 Lakhs |
| Deakin Business School | 31.89 Lakhs |
| ANU College of Business & Economics | 36.58 Lakhs |
| Macquarie Graduate School of Management | 40.31 Lakhs |
| UQ Business School | 41.16 Lakhs |
| RMIT University School of Business | 43.53 Lakhs |
| AGSM Business School | 44.01 Lakhs |
| Monash Business School | 44.83 Lakhs |
| Melbourne Business School | 45.59 Lakhs |
MBA Fee at Top Colleges in Australia
Listed below are some of the best Australian MBA universities, along with their fees:
| Sr.no | MBA Universities in Australia | MBA Fees (International) | MBA Fees (Domestic) |
| 1 | University of Melbourne: Melbourne Business School | $89,500 | $89,500 |
| 2 | University of New South Wales: Australian Graduate School of Management (AGSM) | $88,350 | $86,850 |
| 3 | Monash University: Monash Business School | $88,000 | $70,400 |
| 4 | University of Queensland Business School | $87,080 | $73,680 |
| 5 | MGSM Macquarie Graduate School of Management | $80,000 | $80,000 |
| 6 | University of Western Australia Business School | $89,550 | $89,550 |
| 7 | Australian National University (ANU) | $71,820 | $54,432 |
| 8 | Deakin University – Deakin Business School | $84,400 | $68,700 |
| 9 | University of Wollongong Sydney Campus | $60,192 | $56,664 |
| 10 | RMIT University School of Business and Law | $64,800 | $56,160 |
| 11. | La Trobe University – La Trobe Business School | $60,300 | $57,000 |
| 12 | The University of Sydney Business School | $76,500 | $76,500 |
| 13 | Queensland University of Technology (QUT) – Brisbane Graduate School of Business | $74,100 | $62,400 |
| 14 | University of South Australia – EBS Business School | $82,700 | $69,200 |
| 15 | University of Technology (UTS) Graduate School of Business | $73,500 | $63,750 |
| 16 | University of Adelaide – Adelaide Graduate School of Business (AGSB) | $69,000 | $61,500 |
| 17 | Bond University – MBA | $65,019 | $60,981 |
| 18 | Victoria University Graduate School of Business | $64,800 | $54,400 |
| 19 | Griffith University – Griffith Business School | $59,500 | $54,000 |
| 20 | Torrens University Australia – Chifley Business School | $38,400 | $33,600 |
| 21 | Charles Sturt University | $63,872 | $58,112 |
| 22 | Curtin University of Technology – Curtin Graduate School of Business | $61,200 | $49,170 |
| 23 | University of Canberra – MBA | $72,000 | $51,800 |
| 24 | Edith Cowan University (ECU) – Perth Graduate School of Business | $59,800 | $49,100 |
| 25 | James Cook University – MBA | 49,080 | $40,980 |
| 26 | The University of Western Sydney – Sydney Graduate School of Management (SGSM) | $31,720 | $28,520 |
| 27 | University of Southern Queensland (USQ) | $44,760 | $37,080 |
| 28 | Australian Catholic University – MBA | $62,000 | $53,808 |
| 29 | Swinburne University of Technology (AGSE) | $73,920 | $44,400 |
| 30 | Murdoch University – MBA | $48,240 | $36,360 |
MEGA LIST: MBA Fee At 40 Top Australian B-Schools
Cost of Living in Australia
As we said initially, the low cost of living in Australia is probably one reason why international students prefer studying here. The Department of Home Affairs of Australia has pointed out that international students’ annual expenses are $14,432.
It includes everything from your accommodation, food, college supplies, travel, and personal requirements. We have provided you the charges for different types of accommodation below:
| Accommodation Type | Maximum Annual Cost | Minimum Annual Cost |
| On-Campus | 14,560 USD | 5,720 USD |
| Hostels and Guesthouse | 7,800 USD | 4,680 USD |
| Shared Rentals | 11,180 USD | 4,940 USD |
| Homestay | 16,900 USD | 12,220 USD |
| Rental | 22,880 USD | 9,620 USD |
ALSO READ
| ROI of MBA in Australia | Scholarships For MBA in Australia | Admissions For MBA in Australia |
| Eligibility for MBA in Australia | Affordable MBA Programs in Australia | Best B-Schools in Australia |