10 Best Universities for MBA in Australia

If you are considering pursuing an MBA in Australia, it is essential to choose the right university that can provide you with the best education and opportunities for growth. Here is a list of the top 10 universities for MBA in Australia:

10 Best Universities for MBA in Australia
University of Melbourne Rank โ€“ 1
University of Sydney Rank โ€“ 2
University of New South Wales (UNSW) Rank โ€“ 3
Monash University Rank โ€“ 4
Australian National University (ANU) Rank โ€“ 5
University of Queensland (UQ) Rank โ€“ 6
University of Western Australia Rank โ€“ 7
University of Adelaide Rank โ€“ 8
University of Technology Sydney (UTS) Rank โ€“ 9
University of Wollongong (UOW) Rank โ€“ 10

Rank-1 University of Melbourne โ€“ Melbourne Business School

The University of Melbourne is known for its prestigious MBA program, offering a comprehensive curriculum that focuses on critical thinking and innovation. With world-class faculty and state-of-the-art facilities, students can expect to receive top-notch education and hands-on experience.

University of Melbourne
Location Melbourne, Victoria
QS World Ranking (2025) 13
Annual Tuition Fees: ย 1 year (Full-Time)
Intakes: ย January
Program Highlights:
  • Globally recognized for leadership in business education.
  • Offers a comprehensive curriculum with a focus on strategic management, leadership, and entrepreneurship.
  • Strong industry connections providing ample networking opportunities.
  • Post-MBA salary: AUD 120,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a minimum 65% average.
  • GMAT score of 600+.
  • Minimum 2 years of work experience.
  • IELTS score of 7.0 overall.

Rank-2 University of Sydney โ€“ Business School

The University of Sydney’s MBA program is designed to equip students with the skills and knowledge needed to succeed in the ever-changing business world. With a strong focus on leadership and entrepreneurship, graduates from the University of Sydney are highly sought after by employers.

University of Sydney
Location Sydney, New South Wales
QS World Ranking (2025) 18
Annual Tuition Fees: AUD 60,000 โ€“ 70,000 (โ‚น44,10,625 โ€“ โ‚น51,34,225)
Program Duration: 18 months (Full-Time)
Intakes: February
Program Highlights:
  • Emphasis on innovation, leadership, and global business strategies.
  • Offers a wide range of electives to tailor the MBA experience.
  • Strong alumni network and industry partnerships.
  • Post-MBA salary: AUD 110,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a credit average.
  • GMAT score of 600+.
  • Minimum 3 years of work experience.
  • IELTS score of 7.0 overall.

Rank-3 University of New South Wales (UNSW) โ€“ AGSM

UNSW’s MBA program is recognized for its industry connections and practical approach to learning. Students have the opportunity to engage with real-world business challenges and develop solutions that are applicable in today’s competitive market.

University of New South Wales (UNSW)
Location Sydney, New South Wales
QS World Ranking (2025): 19
Annual Tuition Fees: AUD 80,000 (โ‚น59,60,026)
Program Duration: 16 months (Full-Time)
Intakes: January.
Program Highlights:
  • Known for its rigorous academic curriculum and strong industry connections.
  • Specializations in Finance, Marketing, Innovation & Entrepreneurship.
  • Offers global exposure through exchange programs and internships.
  • Post-MBA salary: AUD 115,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a credit average.
  • GMAT score of 550+.
  • Minimum 2 years of work experience.
  • IELTS score of 6.5 overall.

Rank-4 Monash University โ€“ Monash Business School

Monash University offers a diverse and inclusive MBA program that encourages students to think critically and creatively. With a strong emphasis on global perspectives and sustainability, graduates from Monash are well-equipped to tackle complex business issues.

Monash University
Location Melbourne, Victoria
QS World Ranking (2025): 37
Annual Tuition Fees: AUD 65,000 (โ‚น47,93,148)
Program Duration: 2 years (Full-Time)
Intakes: January
Program Highlights:
  • Offers a global perspective with a focus on leadership and innovation.
  • Provides opportunities for internships and industry projects.
  • Strong emphasis on sustainability and ethical business practices.
  • Post-MBA salary: AUD 105,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a minimum 65% average.
  • GMAT score of 550+.
  • Minimum 3 years of work experience.
  • IELTS score of 6.5 overall

Rank-5 Australian National University (ANU) โ€“ ANU College of Business & Economics

ANU’s MBA program is known for its rigorous curriculum and research-based approach to learning. Students benefit from a supportive academic environment and access to cutting-edge resources that help them excel in their careers.

Australian National University (ANU)
Location Canberra, Australian Capital Territory
QS World Ranking (2025): 30
Annual Tuition Fees: AUD 52,000 (โ‚น38,24,935)
Program Duration: 1.5 years (Full-Time)
Intakes: February
Program Highlights:
  • Research-driven approach with a focus on analytical and strategic thinking.
  • Small class sizes ensuring personalized attention.
  • Opportunities for internships and industry collaborations.
  • Post-MBA salary: AUD 100,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a minimum 60% average.
  • GMAT score of 600+.
  • Minimum 3 years of work experience.
  • IELTS score of 7.0 overall

Rank-6 University of Queensland (UQ) โ€“ UQ Business School

The University of Queensland’s MBA program focuses on fostering strong leadership skills and ethical decision-making. With a diverse student body and faculty, students at UQ have the opportunity to gain valuable insights from different perspectives.

University of Queensland (UQ)
Location Brisbane, Queensland
QS World Ranking (2025): 40
Annual Tuition Fees: AUD 50,000 (โ‚น36,60,950)
Program Duration: 1.5 years (Full-Time)
Intakes February, July
Program Highlights
  • Ranked among the top MBA programs globally.
  • Offers a comprehensive curriculum with a focus on leadership, strategy, and innovation.
  • Strong industry connections providing ample networking opportunities.
  • Post-MBA salary: AUD 110,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a minimum 65% average.
  • GMAT score of 600+.
  • Minimum 3 years of work experience.
  • IELTS score of 6.5 overall

Rank-7 University of Queensland (UQ) โ€“ UQ Business School

UWA’s MBA program is designed to prepare students for leadership roles in a rapidly changing business environment. With a strong focus on innovation and entrepreneurship, graduates from UWA are well-prepared to succeed in today’s dynamic market.

University of Queensland (UQ)
Location Perth, Western Australia
QS World Ranking (2025): 91
Annual Tuition Fees:
  • Domestic Students: AUD 42,200 (โ‚น30,96,000)
  • International Students: AUD 50,200 (โ‚น36,60,950)
Program Duration: 1.5 years (Full-Time)
Intakes: February, July
Program Highlights:
  • Offers a global MBA program with a focus on leadership and strategic thinking.
  • Provides opportunities for internships and industry collaborations.
  • Post-MBA salary: AUD 100,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a minimum 65% average.
  • GMAT score of 600+.
  • Minimum 3 years of work experience.
  • IELTS score of 6.5 overall

Rank-8 University of Western Australia (UWA) โ€“ UWA Business School

The University of Adelaide’s MBA program emphasizes practical learning and industry engagement. Students have the opportunity to work on real-world projects and collaborate with industry professionals, giving them a competitive edge in the job market.

University of Western Australia (UWA)
Location Adelaide, South Australia
QS World Ranking (2025): 106
Annual Tuition Fees:
  • Domestic Students: AUD 41,000 (โ‚น30,06,000)
  • International Students: AUD 41,000 (โ‚น30,06,000)
Program Duration: 1.5 years (Full-Time)
Intakes: January, May, September.
Program Highlights:
  • Offers a comprehensive MBA program with a focus on leadership and strategic management.
  • Provides opportunities for internships and industry collaborations.
  • Post-MBA salary: AUD 95,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a minimum 60% average.
  • GMAT score of 550+.
  • Minimum 3 years of work experience.
  • IELTS score of 6.5 overall

Rank-9 University of Adelaide โ€“ Adelaide Business School

UTS’s MBA program is known for its hands-on approach to learning and strong industry connections. Students benefit from a flexible curriculum that allows them to tailor their studies to meet their career goals and interests.

University of Adelaide
Location Sydney, New South Wales
QS World Ranking (2025):
160
Annual Tuition Fees:
  • Domestic Students: AUD 42,000 (โ‚น30,75,000)
  • International Students: AUD 42,000 (โ‚น30,75,000)
Program Duration: 1.5 years (Full-Time)
Intakes: February, July
Program Highlights:
  • Offers a flexible MBA program with a focus on innovation and leadership.
  • Provides opportunities for internships and industry collaborations.
  • Post-MBA salary: AUD 90,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a minimum 60% average.
  • GMAT score of 550+.
  • Minimum 3 years of work experience.
  • IELTS score of 6.5 overall

Rank-10 University of Technology Sydney (UTS) โ€“ UTS Business School

UOW’s MBA program is designed to provide students with the skills and knowledge needed to thrive in today’s global economy. With a focus on sustainability and social responsibility, graduates from UOW are prepared to make a positive impact in the business world.

University of Technology Sydney (UTS)ย 
Location Wollongong, New South Wales
QS World Ranking (2025): 400
Annual Tuition Fees:
  • Domestic Students: AUD 41,000 (โ‚น30,06,000)
  • International Students: AUD 41,000 (โ‚น30,06,000)
Program Duration: 1.5 years (Full-Time).
Intakes: February, May, August
Program Highlights:
  • Offers a comprehensive MBA program with a focus on leadership and strategic management.
  • Provides opportunities for internships and industry collaborations.
  • Post-MBA salary: AUD 85,000 per year.
Admission Requirements:
  • Bachelorโ€™s degree with a minimum 60% average.
  • GMAT score of 550+.
  • Minimum 3 years of work experience.
  • IELTS score of 6.5 overall

FAQs โ€“ Best Universities for MBA in Australia

1. What are the top 10 universities for MBA in Australia (2025)?

Here are the best MBA programs in Australia:

  1. University of Melbourne โ€“ Melbourne Business School
  2. University of Sydney โ€“ Business School
  3. UNSW (AGSM) โ€“ Australian Graduate School of Management
  4. Monash University โ€“ Monash Business School
  5. Australian National University (ANU)
  6. University of Queensland (UQ)
  7. University of Western Australia (UWA)
  8. University of Adelaide
  9. University of Technology Sydney (UTS)
  10. University of Wollongong (UOW)

2. What are the general eligibility requirements for an MBA in Australia?

Most top universities require:

  • A bachelorโ€™s degree (in any discipline)
  • GMAT or GRE scores (minimum GMAT 550โ€“600)
  • Work experience (2โ€“3 years minimum)
  • IELTS/TOEFL/PTE English proficiency (IELTS 6.5โ€“7.0 band)

3. How much does an MBA cost in Australia?

Tuition fees typically range between:

  • AUD 40,000 to AUD 90,000 per year (โ‚น30 to โ‚น65 lakhs INR)
  • Additional costs include living expenses, visa fees, and health insurance

4. Is GMAT mandatory for MBA in Australia?

Not always. Some universities accept work experience, interviews, or even academic merit in place of GMAT, but top schools like Melbourne Business School and AGSM usually require a GMAT score.

5. What are the job prospects after an MBA in Australia?

  • High employability in consulting, banking, IT, and public sectors
  • Top employers include Deloitte, PwC, Accenture, BCG, and Commonwealth Bank
  • Average starting salary post-MBA: AUD 85,000 โ€“ 120,000

6. Can international students work during and after their MBA in Australia?

Yes. International students can:

  • Work up to 48 hours per fortnight during semesters
  • Apply for a Post-Study Work Visa (subclass 485) after graduation (valid up to 4 years)

7. What is the duration of MBA programs in Australia?

  • Full-Time MBA: 12 to 24 months
  • Executive MBA (part-time): 2 to 3 years
  • Accelerated options available (e.g., Melbourne Business School offers a 1-year MBA)

8. Which university offers the highest ROI for MBA in Australia?

  • Melbourne Business School and AGSM (UNSW) consistently show strong ROI due to:
  • Short program durations
  • High graduate salaries
  • Prestigious reputations

9. Are scholarships available for international MBA students in Australia?

Yes, most top business schools offer:

  • Merit-based scholarships
  • Deanโ€™s excellence awards
  • Need-based grants
  • Government-funded schemes (e.g., Australia Awards)

10. Whatโ€™s the visa process for MBA students in Australia?

To study in Australia, you need:

  • Confirmation of Enrollment (CoE)
  • Genuine Temporary Entrant (GTE) statement
  • Student Visa (Subclass 500)
  • Overseas Student Health Cover (OSHC)

Visa is typically valid for the program duration plus a few additional months.

In conclusion, choosing the right university for your MBA studies is crucial for your future success. Consider the strengths and unique offerings of each of these top 10 universities for MBA in Australia to make an informed decision that aligns with your career goals and aspirations.