MBA Guide Australia: Which MBA Is The Best For You

If you’re looking to pursue an MBA, then you’re making a great decision! An MBA can open up many doors for your career. But with so many different MBA programs out there, how do you know which one is the right fit for you?

In this blog post, we will provide an MBA Guide on how to select the right MBA program for you. We’ll also discuss the different types of MBA programs available in Australia as well as MBA global rankings for guidance.

So if you’re ready to take your career to the next level, keep reading!

mba in australia
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MBA in Australia

What is an MBA?

An MBA is a Master of Business Administration degree. It is a graduate-level degree that typically takes two years of full-time study to complete.

The MBA curriculum covers topics such as accounting, finance, marketing, and human resources. Many MBA programs also offer specializations in areas such as information technology or supply chain management.

An MBA can be a great way to advance your career. It can help you gain the skills and knowledge you need to become a successful business leader.

What are the types of MBA in Australia?

There are three main types of MBA programs in Australia:

– Full-time MBA programs

– Part-time MBA programs

– Executive MBA (EMBA) programs

Full-time MBA programs are the most common type of MBA program. They usually require students to attend classes full-time, typically over a two-year period.

Part-time MBA programs allow students to attend classes on a part-time basis, usually over a three or four-year period. This type of program is ideal for working professionals who want to pursue an MBA without having to quit their jobs.

Executive MBA (EMBA) programs are designed for busy executives who want to earn an MBA while continuing to work full-time. These programs typically have weekend and evening classes and can be completed in as little as one year.

How long does it take to get an MBA?

An MBA typically takes two years of full-time study to complete. However, there are also part-time and online MBA programs available.

Is it worth doing an MBA in Australia?

An MBA is a valuable degree that can help you advance your career. And, thanks to the growing economy in Australia, now is a great time to pursue an MBA in this country.

There are many different types of MBA programs available in Australia. So if you’re interested in pursuing an MBA here, be sure to do your research and find the program that’s the best fit for you.

Is MBA in demand in Australia?

Yes, the demand for MBA graduates is high in Australia. In fact, according to the Graduate Careers Australia report, the median salary for MBA graduates is $130,000.

Can we do MBA in Australia without work experience?

While most MBA programs do require work experience, there are a few that don’t. So if you’re interested in pursuing an MBA but don’t have any work experience, be sure to check out these programs.

MBA Guide: Which MBA Course is the Best in Australia?

What to Consider in Choosing an MBA Program?

Cost

One important factor to consider when choosing an MBA program is cost. Make sure to research the tuition and fees of the programs you’re interested in. Also, be sure to consider the cost of living in the city where the school is located.

Quality

Another important factor to consider is the quality of the MBA program. Make sure to research the school’s accreditation and ranking. Also, be sure to read reviews of the program from current and former students.

Time commitment

Another factor to consider is the time commitment. An MBA is a two-year program, so you need to make sure you’re able to commit to this length of time.

Location

Another important factor to consider is location. Do you want to study in a big city or a smaller town? Do you want to study in Australia or another country? Consider your lifestyle and career goals when making your decision.

MBA Guide Australia: Which MBA Is The Best For You
The University of Melbourne. Credit: Canva

Australian MBA Rankings 2022

When choosing an MBA program, it is important to consider the program’s ranking. MBA rankings can provide you with valuable information about a school’s reputation, student satisfaction, and faculty research.

Top 100 – QS Global MBA Rankings 2022

  1. Melbourne Business School (at the University of Melbourne) – Melbourne, VIC – #26 (global)
  2. AGSM (at UNSW Sydney) – Sydney, NSW – #35 (global)
  3. Monash Business School (Monash University) – Melbourne, VIC – #73 (global)
  4. Macquire Business School (at Macquarie University) – Sydney, NSW – #84 (global)
  5. UQ Business School (at the University of Queensland) – Brisbane, QLD – #94 (global)
  6. The University of Western Australia – Perth, WA – #111-120 (global)
  7. Australian National University – Canberra, ACT – #131-140 (global)
  8. Unisa Business School (at the University of South Australia) – Adelaide, SA – #151-200 (global)
  9. UTS Business School (at the University of Technology Sydney) – Sydney, NSW – #151-200 (global)
  10. RMIT University School of Business (RMIT) – Melbourne, VIC – #151-200 (global)

Top 100 – FT Global MBA Rankings 2021

  1. AGSM (at UNSW Sydney) – Sydney, NSW – #79 (global)
  2. Melbourne Business School (at the University of Melbourne) – Melbourne, VIC – #87 (global)

Top 100 – The Economist – Full-time MBA Rankings 2021

  1. Melbourne Business School (at the University of Melbourne) – Melbourne, VIC – #34 (global)
  2. Macquire Business School (at Macquarie University) – Sydney, NSW – #41 (global)
  3. UQ Business School (at the University of Queensland) – Brisbane, QLD – #47 (global)

FAQs

How much will it cost to study MBA in Australia?

The average cost of an MBA in Australia is $61,000. However, there are a few programs that don’t require any work experience.

Can I study MBA part-time in Australia?

Yes, there are many part-time and online MBA programs available in Australia.

Can I study for free in Australia?

No, you will need to pay tuition and fees to study in Australia.

What is the salary after MBA in Australia?

The median salary for MBA graduates in Australia is $130,000.