- Many countries offer a temporary or PR visa in exchange for an investment
- Investment amounts can range from $50,000 to $500,000 or more
About Y-Axis: Y-Axis is your companion, guide, and facilitator, giving you purpose to immigrate and live opportunities. We help you prepare for the big leap abroad with our online language training courses and counseling sessions.
About Y-Axis: Y-Axis is your companion, guide, and facilitator, giving you purpose to immigrate and live opportunities. We help you prepare for the big leap abroad with our online language training courses and counseling sessions.
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Explore top universities offering MBA in Finance in Australia. Learn about admission requirements, course duration, fees, and program details for 2024 intakes.
MBA in Finance in Australia
Pursuing an MBA in Finance in Australia can be a good step towards a successful and rewarding career in finance. With Australia’s strong economy, low unemployment rate, and excellent universities offering top-notch programs, this country presents a promising destination for aspiring finance professionals.
We will explore the admission requirements, eligibility criteria, study costs, and the benefits of pursuing an MBA in Finance in Australia.
Top Universities Offering MBA in Finance in Australia
Here is a list of some of the top universities in Australia offering MBA in Finance programs, along with their program duration and estimated fees:
| University | Program Duration | Estimated Fee (per year) |
|---|---|---|
| University of Melbourne (Melbourne Business School) | 1.5-2 years | AUD 89,000 - 95,000 |
| University of New South Wales (AGSM) | 1.5-2 years | AUD 89,000 - 95,000 |
| University of Sydney Business School | 1.5-2 years | AUD 83,000 - 90,000 |
| Monash University | 1.5-2 years | AUD 80,000 - 85,000 |
| Australian National University (ANU) | 2 years | AUD 80,000 - 85,000 |
| University of Queensland (UQ) | 1.5-2 years | AUD 75,000 - 82,000 |
| University of Western Australia (UWA) | 1.5-2 years | AUD 80,000 - 85,000 |
Explore MBA in Finance Details: Intakes & Course Structure
Admission Requirements for MBA in Finance
Admission into well-known universities offering MBA programs in Finance in Australia requires meeting specific criteria. Below are the unique admission requirements for some of the top institutions:
University of South Australia
- Bachelor’s degree from a recognized university
- 3+ years of professional management experience
Western Sydney University
- Bachelor’s degree from a recognized university
The University of Newcastle
- Bachelor’s degree (honors) from a recognized university
- Updated Resume/CV
The University of Tasmania
- Bachelor’s degree from a recognized university
Bond University
- Bachelor’s degree from a recognized university
- 3+ years of professional management experience
Flinders University
- Bachelor’s degree from a recognized university
Eligibility Criteria for MBA in Finance in Australia
To be eligible for an MBA in Finance program in Australia, candidates must fulfill the following requirements:
- Must have Bachelor’s degree/Bachelor’s (honors) degree
- Minimum overall aggregate of 65-70% in academics
- 1-3 years of professional management work experience
- English Proficiency Test Scores: IELTS – 6.5, TOEFL – 88
- Must have Updated Resume/CV
- Official Transcripts
- Must Have a Valid Passport
- Must have a Student Visa
English Language Proficiency Test Scores
To meet the language requirements, applicants must achieve the following scores in English proficiency tests:
| Top Universities | IELTS | TOEFL |
| The University of South Australia | 6.5 | 79 |
| Western Sydney University | 6.5 | 82 |
| The University of Newcastle | 6.5 | 82 |
| The University of Tasmania | 6.5 | 88 |
| Bond University | 6.5 | 79 |
| Flinders University | 6.5 | 82 |
MBA Finance in Australia Tuition Fees
The total amount of fees of some top universities for MBA in Finance in Canada:
| Top Universities | Tuition Fee (AUD) | Tuition Fee (INR) |
| The University of South Australia | 37,900 | 21.4 lakhs |
| Western Sydney University | 33,400 | 18.9 lakhs |
| The University of Newcastle | 41,000 | 23.2 lakhs |
| The University of Tasmania | 67,700 | 38.3 lakhs |
| Bond University | 70,200 | 39.7 lakhs |
| Flinders University | 37,600 | 21.3 lakhs |
Accommodation
The estimated monthly cost of living in Australia:
| Expense Type | Average Cost (AUD) | Cost Equivalent (INR) |
| Accommodation | 1,495 | 82,010 |
| Food | 312 | 17,115 |
| Travel | 150 | 8,228 |
| Internet | 76 | 4,169 |
| Utilities | 207 | 11,354 |
| Miscellaneous | 86 | 4,717 |
It’s important to note that these figures are estimates and can vary based on towns, cities, personal preferences, and lifestyle.
Benefits of Pursuing an MBA in Finance in Australia
- Strong Job Market: Australia’s low unemployment rate indicates a growing job market with enough opportunities for MBA graduates in finance.
- Prestigious Universities: Australia is home to excellent universities that offer world-class MBA programs in finance, providing students with access to top-notch faculty and industry connections.
- Networking Opportunities: Studying in Australia allows students to connect with professionals and industry experts, enhancing their network and opening doors to future career opportunities.
- International Exposure: Pursuing an MBA in Finance in Australia provides students with a global perspective, as they interact with different people and gain experience in international business practices.
- Industry-Relevant Curriculum: The MBA programs in finance offered by Australian universities are designed to equip students with the knowledge and skills necessary to grow in the dynamic finance industry.
- Internship and Job Placement Assistance: Many universities in Australia provide internship and job placement assistance, helping students secure valuable hands-on experience and potential employment opportunities.
- Cultural Experience: Studying in Australia offers a unique cultural experience, allowing students to explore the country’s natural beauty, multicultural cities, and vibrant lifestyle.
Take away for you!
Pursuing an MBA in Finance in Australia opens doors to new career prospects in the finance industry. The high-quality curriculum, excellent universities, strong job market, and international exposure make Australia an ideal destination for students to study MBA in Finance.
By meeting the admission requirements, fulfilling the eligibility criteria, and considering the cost of studying, students can get on a transformative educational journey that sets them up for success in the world of finance.