MBA In Australia
Doing your MBA course in Australia could be the most significant step in the development of your career, as well as contributing to you personal growth. Use this guide to make sure that doing your MBA course in Australia is the best choice for you.
MBA Course in Australia - History of the MBA
There are 42 business schools that offer the MBA course in Australia. Each one has defined itself by getting international accreditation and working toward getting the highest national and international rankings possible. The entry requirements to each school is different, as there is no standardised entry procedure for an MBA course in Australia, but most require at least a few years of management level work experience and an undergraduate degree. Click here to see the Australian MBA Star Ratings which rank the MBA courses in Australia that are on offer and can aid you in deciding which school is right for you.
MBA Course in Australia - Typical MBA Course in Australia
The MBA course in Australia is designed for people who want to study across many different business and management disciplines. The MBA courses in Australia on offer are full time and part time, and there is also the option to study online. A typical MBA program can last between 18 months and five years depending on how quickly you progress with your study. If you decide to study full time you can devote yourself completely to your degree, however the options to study part time or online allow you to still carry on with your employment and manage your family obligations whilst getting your MBA.
Australia is focused on giving its MBA students the most well rounded education it can, this means that you will have to take core classes that will make up the foundation of your MBA course in Australia. These classes will give you a well-rounded knowledge of business and will be in subjects such as finance, marketing, leadership, accounting and management. You will then have the opportunity to specialise in your specific field of study, for example if you are interested in marketing you will take classes such as marketing management, marketing research and consumer behaviour. The MBA course in Australia is well rounded and focused at the same time.
Australia is one of the most desirable places in the world to live and this is why so many international students flock there to study. In 2009 there were an estimated 460,000 international students studying in Australia, which means if you choose to go there you will not feel out of place. Australia combines the best of European, Middle Eastern and Asian culture and is able to offer students a truly international experience, an experience that is certainly beneficial when studying the a global subject such as business.
MBA Course in Australia - Cost of studying
The cost of doing your MBA course in Australia varies greatly depending on which school you decide to go to. For example the University of Ballarat is $15,600 Australian dollars (£9,800) and the University of Melbourne is $52,000 AUD (£33,000). These universities are at both ends of the spectrum as there are many other MBA courses that cost an average of $30,000 AUD.
For an international student the average cost of living per week in Australia is $360 AUD, which is £220. This covers your accommodation, rent, entertainment, transport and telephone, and of course this number will vary depending on which city you are studying in.
MBA Course in Australia - Career prospects after studying for your MBA in Australia
Once you have completed your MBA course in Australia you can expect your earning potential to increase as you now have a higher level of education. With this in mind it takes the average MBA graduate between five and ten years to earn back the cost of their MBA. The MBA course in Australia doesn’t just give you more earning potential in your current job; it allows you to explore new career options and work for larger organizations and in positions of higher authority, earning more money than you did before. You will also have more flexibility within your work increasing your options when it comes to deciding where you want to work and live. Your MBA course in Australia can help to change your lifestyle.
Australia has a very strong and growing infrastructure that makes it a popular place for large businesses to set up their headquarters. This makes Australia a country where there is a lot of potential for its MBA graduates to find work with large corporations in traditional areas such as business, finance, law and medicine, to emerging industries, such as environmental sustainability, digital media, biotechnology, nanotechnology and e-commerce. Your MBA course in Australia will give you an excellent platform from which to further your career.
MBA Course in Australia - Can I get a visa to stay and work in Australia after graduation?
Compared with other countries Australia is perhaps one of the harder places to get a visa to work in. In order to get a visa you have to go through something called the Skilled Occupations List (SOL). This list is a list of the skilled occupations that are needed in Australia and is currently made up of these four major groups: managers and administrators; professionals; associate professionals; and tradespersons and related workers. This list changes frequently depending on what skills are needed in Australia, so you should never undertake an MBA course in Australia just because you think it will include you on the SOL list as by the time you graduate things might have changed.
Just because you have studied your MBA course in Australia does not mean that you will automatically get a working visa. If you meet the requirements of the SOL list and you have an employer who will sponsor you for your visa then you are more likely to be awarded a working visa to Australia. For more information visit the Australian Government website, and the Department of Immigration and Citizenship.
Studying your MBA course in Australia promotes innovative, creative and independent thinking. You will learn to work as part of a team, to communicate effectively with others and to develop the practical skills and intellectual abilities you need for global success in the business world.
- MBA in Australia, One of the most Desirable Places in the World to Live
- Australia is one of the most desirable places in the world to live and this is why so many international students flock there to study.
- Why do an MBA, Diverse Opportunities, Demand for Training
- Why do an MBA? - Diverse Opportunities. Recent years have witnessed a rapid growth in the UK and international MBA market. The increasing demand for training in what is now routinely accepted as the graduate management degree is in part due to the MBA's growing reputation with senior executives in the business world.
- Distance Learning MBA, Full Time Programmes at all Levels
- Distance Learning MBA. There are various approaches to learning. Full time programmes at all levels require a career break of some sort. This may be acceptable especially for short courses or where you get leave of absence but you also have to consider access, location, timing, the quality of the group and of the deliverer. Local courses may be of restricted quality and you may not be able to afford overseas courses.
- Online MBA programs, The Continuing Development of Internet Technology
- Online MBA Programs. The online MBA is a relatively new development and as such there are very few business schools that are offering an MBA program entirely online. Many online programs still require students to attend mandatory residential courses as part of their syllabus. The length and frequency of these "contact" sessions vary depending on the school and program.
- MBA Rankings, Are a Great Way for Perspective Students to Select
- MBA Rankings. MBA rankings are a great way for perspective students to select between the best business programs offered at reputable universities. With future students in mind four main sources, The Financial Times, Business Week and The Economist publish a list of universities that offer the best program to earn a Master's in Business Administration. Taking the MBA rankings into account, perspective students will have a general idea of the status and value of their future degree in the business world. When selecting a school students should be aware of these rankings, even though they are debatable since they are seen by so many hiring companies.
- Full-time MBA
- A global MBA with an Asia Pacific focus. Students can choose an Asia specific track such as China, Japan or Vietnam. Hawaiiâs only AACSB accredited MBA program. The cohort format fosters teamwork and peer learning
- Full-time MBA
- The Full-time MBA is an intensive one year programme, which offers a rigorous and challenging process of personal and management development.
- Part-time MBA
- The Part-time MBA is a 3 year part-time programme, designed for those working in a wide variety of managerial, technical and professional roles.