Cheap MBA Colleges In Australia That Are Recognized Worldwide

Australia is one of the top three education countries. Every year, thousands of foreign students fly to Australia for a top education. MBA is one of Australia’s most popular courses due to its certified curriculum, world-renowned teachers, advanced teaching methods, and global internship opportunities. It gives you the skills, experience, and exposure to work in management after the course. Quality education doesn’t have to be expensive. This article lists the five best Australian MBA programs at affordable costs to help you save.

Top Reasons To Study At Cheap MBA Colleges In Australia

Australia is home to some of the world’s best universities. This year, almost 20,000 international students are studying for an MBA at Australian universities. We have outlined the main reasons why foreign students prefer to pursue MBA in Australia over other countries below.

• Due to its excellent education system, high quality of living, friendly, laid-back culture, natural beauty, and active metropolitan life, Australia is one of the world’s top three most liveable nations.
• Graduates from the top MBA colleges in Australia are in great demand due to the excellent quality of the education system.
• Under Australian law, international students are protected by the Education Services for Overseas Students (ESOS) Act and national regulatory authorities such as the Tertiary Education Quality and Standards Agency (TEQSA).
• The Australian Qualification Framework (AQF) enables nations all around the globe to recognise your qualification and issue equivalent credentials for local usage.
• There are great affordable MBA colleges in Australia for you to choose from.

Cost Of Studying At Cheap MBA Colleges In Australia

The average cost of studying in Australia is roughly 59,966 AUD. The cheap MBA colleges in Australia charge yearly fees ranging between 45,000 AUD /822,000 AUD.

Cost of living in Australia as an international student is another important factor that you must consider when calculating the cost of studying in Australia. The cost of living is 20,000 AUD per year on average. We’ve detailed it in the Table below.

Factors  and Average Cost Per Month

• Accommodation: 297 AUD – 743 AUD
• Food & Groceries: 208 AUD – 416 AUD
• Transportation: 44 AUD – 89 AUD
• Shopping: 118 AUD – 223 AUD
• Miscellaneous: 22 AUD – 29 AUD

Tuition rates, however, vary based on the university and degree chosen. However, there is no reason to be frightened or confused about the financial aspect. You can fund it by applying for any of the scholarships offered by the Australian government and other organizations.

Top 5 Low Cost MBA In Australia Colleges

As mentioned previously, Australia has some top universities that will provide you with a low-cost MBA in Australia. Here is a list of the top MBA colleges providing the cheapest MBA in Australia for international students:

• Kaplan Business School
• Holmes Institute
• Charles Darwin Institute
• Victoria Institute
• Central Queensland University

1. Kaplan Business School

The first college on the list of affordable MBA colleges in Australia is Kaplan Business School. Kaplan Business School Australia offers undergraduate and postgraduate degrees. KBS qualifications, like those of Australia’s public universities, are fully approved by the Tertiary Education Quality and Standards Agency (TEQSA), suggesting that they have a global reach. It is the most affordable MBA program in Australia.

• Popular MBA Programs: Project Management, Health Services Management, Entrepreneurship, Women in Leadership, Digital Management, etc
• Course Duration: 2 years
• Average Yearly Fee: 15,375 AUD

2. Holmes Institute

Holmes Institute is one of Australia’s most affordable MBA programs. Their MBA program is designed to teach you how to think like a businessperson and how to use advanced strategic thinking. The Holmes MBA will teach you to think critically about problems and opportunities. The 1.5-year Master of Business Administration program is taught full-time across three trimesters. To meet graduation requirements, all students must complete 12 units.

• Popular MBA Programs; Master of Business Administration, Project Management, Accounting etc
• Course Duration: 1.5 years
• Average Annual Fee: 17,600 AUD

3. Charles Darwin Institute

Charles Darwin Institute is one of the finest universities in Australia that offers a cheap MBA. CDU is excellently positioned as a top cross-sector school to assist students in becoming ‘future-ready’ professionals who co-develop digital knowledge, skills, and attitudes to meet their particular needs and interests while preparing them for a world of rapid change.

• Popular MBA Programs: Master of Business Administration sustainable enterprise, etc
• Course Duration: 12 months
• Average Yearly Fee: 20,560 AUD

4. Victoria Institute

In Australia, Victoria Institute also offers a low-cost MBA. VIT is an Australian Higher Education Provider that provides a range of specialized degrees in Business Management, Information Technology and Systems, and Information Security. The Tertiary Quality and Standards Agency (TEQSA) of the Australian Government has licensed it as a Higher-Education Provider, and it offers certified programs under the Australian Qualifications Framework (AQF).

• Popular MBA Programs: Master of Business Administration, etc
• Course Duration: 2 years
• Average Annual Fee: 20,940 AUD

5. Central Queensland University

Central Queensland University is one of the world’s finest universities, having an overall five-star rating from QS Stars, and it offers a low-cost MBA in Australia. We have been known as one of Australia’s most accessible and involved universities, with a footprint spanning five states and more than 20 venues, because we think that higher education should be accessible to all.

• Popular MBA Programs: Master of Business Administration
• Course Duration; 1.5 years
• Average Annual Fee: 21,355 AUD

Choosing the correct Master of Business Administration program and university is critical to laying a solid foundation. Using the information on this site, you can select the university that offers the MBA specialization you desire.

FAQs

Can I work in Australia after pursuing MBA?

• Yes, after you complete your MBA from an Australian university, you can explore employment opportunities in Australia. You can work as a Marketing Manager, Sales Manager, HR Manager, Business Analyst or Investment Banker and draw an average salary of AUD 95,000 per year

Is it worth studying low cost MBA in Australia?

• Several Australian universities that are highly ranked in the QS World University Ranking offer MBA courses at an affordable cost. The MBA degree from any of the Australian universities is recognized worldwide.

What is the cost of studying MBA in Australia for an Indian student?

• The cost of studying MBA in Australia depends on your chosen MBA specialization and the university you want to study at. On average, it is between AUD 15,000-AUD 30,000 per annum.

What is the duration of an MBA course in Australia for international students?

• The MBA course duration is between 15 and 24 months in Australian universities. But if you’d like to complete the course in one year, a few universities in Australia offer MBA for one year.

What are the most-opted MBA specializations in Australia?

• MBA in Finance, MBA in HR, MBA in Marketing, and MBA in Healthcare Management are the most-opted MBA specialisations in Australia.