Pursuing an MBA in Finance in Australia can be a good step towards a successful and rewarding career in the field of 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, cost of studying, and the overall benefits of pursuing an MBA in Finance in Australia.
To get admission into well-known universities offering MBA programs in Finance in Australia, certain requirements are there. The following universities have their unique criteria:
To be eligible for an MBA in Finance program in Australia, candidates must fulfill the following requirements:
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 |
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 |
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.
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.
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.
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