Why an MBA in Australia?

Australia has witnessed an overall increase in international enrolment of 11% between 2018-19. This has ranked Australia the third most popular destination for international students after the UK and the USA, by UNESCO. The increase in enrolment includes an 8% rise in application from China and 27% from India.

Also, a survey organized by the government of Australia is 2018 indicates that 89% of overall satisfaction amongst the foreign students in Australia. Moreover, the report mentions that 98% of the international students were content with the quality of teaching, out of which 94% decided to pursue education in Australia due to the reputation of the education provider.

Australia provides several grants and scholarships to aid international students financially, apart from the brilliant education system and supreme teaching. Australia Awards, Destination Award, Australian Government research training are a few among the major scholarship programs available in Australia.

Highlights

• Among the top 100 business schools in the world, 5 of Australia’s top business schools have secured position, according to business schools in Australia have been ranked, as per QS Global MBA Ranking 2021.
• Globally prestigious agencies, namely EQUIS, AACSB, and AMBA have accredited the top business schools for MBA in Australia.
• QS News has included Australia in the list of top countries for MBA salaries in2020. With average salaries of 98,400 USD more than countries like the UK 92,400), Japan (80,000), and Germany (77,200).

Three business schools in Australia made it to the top 100 as per the FT Business School Rankings (2020). The percentage and the weighted salaries hike in the salaries of the alumni for these 3 is tabulated below:

Gradually, Australia is transforming into one of the top destinations for MBA students. Approx. 115,290 Indian students visited Australia in Nov 2019, amongst which 90,792 students enrolled for higher education. So many Indian students opting to study MBA in Australia, but why?

It is because of a strong economy and favorable visa conditions, besides the adaptable warm and sunny climate. Australia was placed second for resource, environment, connectivity, and output, making it a perfect destination for career opportunities by U21 Ranking of Higher education Systems 2020.

Why Does Australia Make a Great MBA Destination?

Reasons to Pursue an MBA in Australia

Multicultural Society

With almost half of all Australians born either overseas or having one parent born overseas, Australia is a land of a multicultural society. Besides English, a total of 259 languages are spoken in Australian homes, out of which the most common are Italian, Arabic, Mandarin, Greek, and Cantonese. This makes Australia rich with nationalities and cultures from across the globe.

Also, Australia has favorable visa policies which lure a lot of foreign students. As per the Australian Department of Home Affairs, the student visa granted (2018-2019) in the higher education sector increased by 8.8% compared to last year. On June 30 2019, the total student visa holders in Australia were 5534,139, among which 49.6% belonged to China, India, or Nepal.

 Australian Universities offer Internationally Accredited MBA Programs

The Australian Universities have MBA programs that are internationally accredited, along with offering courses in the most preferred language, English. You will be taught practical skills and theoretical knowledge to assist you to succeed. According to the government website, Universities in Australia have re-engineered their approach to teaching and learning to influence thought-leading creativity in students from every discipline.

The AMBA’s (Association of MBAs) accredited – Australian universities & B-School

• Monash University
• Brisbane Graduate School of Business (QUT)

The AACSB accredited – Australian universities & B-School

• The University of Sydney (New South Wales) – The University of Sydney Business School
• The University of Adelaide(South Australia)
• The University of Queensland(Queensland) – UQ Business School
• University of Melbourne (Victoria) – Faculty of Business and Economics
• University of Western Australia (Western Australia) – UWA Business School
• University of Technology, Sydney (New South Wales) – UTS Business School
• Australian Graduate School of Management(New South Wales) – Australian School of Business
• Griffith University(Queensland) – Griffith Business School
• Queensland University of Technology (Queensland) – Business School
• Curtin University(Western Australia)
• Macquarie Graduate School of Management (New South Wales)
• Bond Business School, Bond University
• Melbourne Business School (Victoria) – The University of Melbourne

The EQUIS accredited – Australian universities & B-School

• The University of Western Australia
• University of South Australia
• University of New South Wales
• University of Sydney Business School
• University of Queensland
• Bond Business School, Bond University
• Queensland University of Technology
• Curtin University
• Melbourne Business School
• Monash University

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