Cost of Studying MBA in Australia

The cost of studying MBA in Australia is quite low. Typically, you have two kinds of expenses to deal with when getting admitted for an MBA in Australia.

  • Pre-arrival cost: The pre-arrival cost involves the fee for most of your documentation.
  • Post-arrival cost: The post-arrival cost refers to your tuition fees, supplies, transport, stay, and food.

Pre-arrival Cost

To study in Australia, you have to incur expenses related to your documents. Some of them include the registration fee for your required test scores, the student visa fee, your application fee, and so on.

Given below is an estimate of the costs:

Type of ExpenseCost (USD)
Australian Student Visa Fee426
Application Fee100 (approx)
TOEFL (iBT) Registration Fee160- 250
IELTS Registration Fee215- 240
GRE Fee205
GMAT Fee250

Post-arrival Cost

The projected fees in a business school in Australia are between $40,000 to $63,000. Among the top-ranked universities in Australia, the UWA and La Trobe Business School charge the lowest fee, while Melbourne Business School charges the highest fees.

Tuition Fees for MBA in Australia for Indian Students in Rupees

Below are the tuition fees for doing MBA in Australia in Rupees:

B-SchoolFull-time MBA Fees (INR)
La Trobe Business School30.38 Lakhs
UWA Business School30.41 Lakhs
Deakin Business School31.89 Lakhs
ANU College of Business & Economics36.58 Lakhs
Macquarie Graduate School of Management40.31 Lakhs
UQ Business School41.16 Lakhs
RMIT University School of Business43.53 Lakhs
AGSM Business School44.01 Lakhs
Monash Business School44.83 Lakhs
Melbourne Business School45.59 Lakhs

MBA Fee at Top Colleges in Australia

Listed below are some of the best Australian MBA universities, along with their fees:

Sr.noMBA Universities in AustraliaMBA Fees (International)MBA Fees (Domestic)
1University of Melbourne: Melbourne Business School$89,500$89,500
2University of New South Wales: Australian Graduate School of Management (AGSM)$88,350$86,850
3Monash University: Monash Business School$88,000$70,400
4University of Queensland Business School$87,080$73,680
5MGSM Macquarie Graduate School of Management$80,000$80,000
6University of Western Australia Business School$89,550$89,550
7Australian National University (ANU)$71,820$54,432
8Deakin University – Deakin Business School$84,400$68,700
9University of Wollongong Sydney Campus$60,192$56,664
10RMIT University School of Business and Law$64,800$56,160
11.La Trobe University – La Trobe Business School$60,300$57,000
12The University of Sydney Business School$76,500$76,500
13Queensland University of Technology (QUT) – Brisbane Graduate School of Business$74,100$62,400
14University of South Australia – EBS Business School$82,700$69,200
15University of Technology (UTS) Graduate School of Business$73,500$63,750
16University of Adelaide – Adelaide Graduate School of Business (AGSB)$69,000$61,500
17Bond University – MBA$65,019$60,981
18Victoria University Graduate School of Business$64,800$54,400
19Griffith University – Griffith Business School$59,500$54,000
20Torrens University Australia – Chifley Business School$38,400$33,600
21Charles Sturt University$63,872$58,112
22Curtin University of Technology – Curtin Graduate School of Business$61,200$49,170
23University of Canberra – MBA$72,000$51,800
24Edith Cowan University (ECU) – Perth Graduate School of Business$59,800$49,100
25James Cook University – MBA49,080$40,980
26The University of Western Sydney – Sydney Graduate School of Management (SGSM)$31,720$28,520
27University of Southern Queensland (USQ)$44,760$37,080
28Australian Catholic University – MBA$62,000$53,808
29Swinburne University of Technology (AGSE)$73,920$44,400
30Murdoch University – MBA$48,240$36,360

MEGA LIST: MBA Fee At 40 Top Australian B-Schools

Cost of Living in Australia

As we said initially, the low cost of living in Australia is probably one reason why international students prefer studying here. The Department of Home Affairs of Australia has pointed out that international students’ annual expenses are $14,432.

It includes everything from your accommodation, food, college supplies, travel, and personal requirements. We have provided you the charges for different types of accommodation below:

Accommodation TypeMaximum Annual CostMinimum Annual Cost
On-Campus14,560 USD5,720 USD
Hostels and Guesthouse7,800 USD4,680 USD
Shared Rentals11,180 USD4,940 USD
Homestay16,900 USD12,220 USD
Rental22,880 USD9,620 USD

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