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Australia: Value for Money MBA Colleges

Updated: Jun 21, 2023

Top Value for Money MBA Universities in Australia

Introduction: Choosing the right MBA program is crucial for your professional development, and finding a program that offers both quality education and affordability can be a challenge. In this blog, we will explore the top 7 value for money MBA universities in Australia. These universities have gained recognition for their excellence in business education while keeping tuition fees reasonable. Let's dive into the details of each university and discover why they are great options for pursuing an MBA degree.

Section 1: University of Melbourne

  • Brief Introduction: Established in 1853, the University of Melbourne is Australia's leading university and is known for its prestigious MBA program.

  • Major Courses Offered: Full-time MBA, Part-time MBA, Executive MBA.

  • Duration and Tuition Fee: Full-time MBA (2 years, AUD $80,000), Part-time MBA (3 years, AUD $60,000).

  • Key Subjects: Strategy and Leadership, Business Analytics, Entrepreneurship.

  • International Students Ratio: Approximately 30% of the student population.

  • Main Countries of International Students: China, India, Malaysia.

  • Teacher to Student Ratio: 1:17.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: Various on-campus and off-campus options available, with average costs ranging from AUD $250 to AUD $500 per week.

  • Food Options and Costs: A wide range of food options available both on and off-campus, with average meal costs ranging from AUD $10 to AUD $20.

Section 2: University of Sydney

  • Brief Introduction: The University of Sydney, founded in 1850, is a globally renowned institution that offers a comprehensive MBA program.

  • Major Courses Offered: MBA, Global Executive MBA, Part-time MBA.

  • Duration and Tuition Fee: MBA (1.5 to 2 years, AUD $60,000), Global Executive MBA (18 months, AUD $95,000).

  • Key Subjects: Marketing Management, Financial Management, Strategic Leadership.

  • International Students Ratio: Over 25% of the student population.

  • Main Countries of International Students: China, India, Vietnam.

  • Teacher to Student Ratio: 1:19.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: Both on-campus and off-campus accommodation options available, with average costs ranging from AUD $250 to AUD $600 per week.

  • Food Options and Costs: A variety of dining options available, with average meal costs ranging from AUD $10 to AUD $25.

Section 3: University of Queensland

  • Brief Introduction: The University of Queensland is a prestigious institution with a strong focus on research and industry connections.

  • Major Courses Offered: MBA, MBA (Advanced), MBA (Global), MBA (Entrepreneurship).

  • Duration and Tuition Fee: MBA (1.5 to 2 years, AUD $56,736), MBA (Advanced) (2 years, AUD $72,272), MBA (Global) (2 years, AUD $75,632), MBA (Entrepreneurship) (1.5 to 2 years, AUD $56,736).

  • Key Subjects: Strategic Management, Innovation and Entrepreneurship, Leadership and Ethics.

  • International Students Ratio: Approximately 25% of the student population.

  • Main Countries of International Students: China, India, Indonesia.

  • Teacher to Student Ratio: 1:26.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: Various accommodation options available, with average costs ranging from AUD $200 to AUD $500 per week.

  • Food Options and Costs: A wide range of affordable food options on and off-campus, with average meal costs ranging from AUD $10 to AUD $20.

Section 4: Monash University

  • Brief Introduction: Monash University is one of Australia's largest and most prestigious universities, offering a comprehensive MBA program.

  • Major Courses Offered: MBA, MBA (Executive), MBA (Advanced).

  • Duration and Tuition Fee: MBA (2 years, AUD $62,400), MBA (Executive) (2 years, AUD $86,400), MBA (Advanced) (2 years, AUD $70,400).

  • Key Subjects: Strategic Management, Innovation and Entrepreneurship, Marketing.

  • International Students Ratio: Approximately 30% of the student population.

  • Main Countries of International Students: China, India, Malaysia.

  • Teacher to Student Ratio: 1:24.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: Various on-campus and off-campus accommodation options available, with average costs ranging from AUD $250 to AUD $500 per week.

  • Food Options and Costs: A variety of dining options available, with average meal costs ranging from AUD $10 to AUD $20.

Section 5: Australian National University

  • Brief Introduction: Australian National University (ANU) is a renowned institution known for its excellence in research and business education.

  • Major Courses Offered: MBA, MBA (Advanced), MBA (Leadership and Management).

  • Duration and Tuition Fee: MBA (2 years, AUD $68,544), MBA (Advanced) (2 years, AUD $70,048), MBA (Leadership and Management) (2 years, AUD $67,584).

  • Key Subjects: Business Analytics, Strategic Marketing, Organizational Behavior.

  • International Students Ratio: Over 40% of the student population.

  • Main Countries of International Students: China, India, Nepal.

  • Teacher to Student Ratio: 1:18.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: Various on-campus and off-campus accommodation options available, with average costs ranging from AUD $250 to AUD $600 per week.

  • Food Options and Costs: A variety of dining options available, with average meal costs ranging from AUD $10 to AUD $25.

Section 6: University of Western Australia

  • Brief Introduction: The University of Western Australia (UWA) is a prestigious institution with a focus on research and entrepreneurship.

  • Major Courses Offered: MBA, MBA (Advanced).

  • Duration and Tuition Fee: MBA (1.5 to 2 years, AUD $64,000), MBA (Advanced) (2 years, AUD $72,000).

  • Key Subjects: Leadership and Governance, Marketing Strategy, Financial Management.

  • International Students Ratio: Approximately 30% of the student population.

  • Main Countries of International Students: China, India, Malaysia.

  • Teacher to Student Ratio: 1:16.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: Various accommodation options available, with average costs ranging from AUD $200 to AUD $600 per week.

  • Food Options and Costs: A variety of dining options available, with average meal costs ranging from AUD $10 to AUD $25.

Section 7: University of Adelaide

  • Brief Introduction: The University of Adelaide is a leading institution with a strong reputation for its MBA program.

  • Major Courses Offered: MBA, MBA (Advanced), MBA (Entrepreneurship).

  • Duration and Tuition Fee: MBA (2 years, AUD $65,000), MBA (Advanced) (2 years, AUD $70,000), MBA (Entrepreneurship) (2 years, AUD $65,000).

  • Key Subjects: Strategic Management, Marketing Management, Financial Analysis.

  • International Students Ratio: Approximately 25% of the student population.

  • Main Countries of International Students: China, India, Vietnam.

  • Teacher to Student Ratio: 1:20.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: Various on-campus and off-campus accommodation options available, with average costs ranging from AUD $250 to AUD $600 per week.

  • Food Options and Costs: A variety of dining options available, with average meal costs ranging from AUD $10 to AUD $25.

Section 8: AGSM (Australian Graduate School of Management), University of New South Wales

  • Brief Introduction: AGSM is the graduate school of management at the University of New South Wales (UNSW), known for its prestigious MBA program.

  • Major Courses Offered: MBA, MBA (Executive), MBA (Social Impact).

  • Duration and Tuition Fee: MBA (2 years, AUD $84,000), MBA (Executive) (2 years, AUD $100,000), MBA (Social Impact) (1 year, AUD $49,440).

  • Key Subjects: Leadership and Ethics, Strategic Marketing, Financial Management.

  • International Students Ratio: Approximately 35% of the student population.

  • Main Countries of International Students: China, India, Indonesia.

  • Teacher to Student Ratio: 1:20.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: Various on-campus and off-campus accommodation options available, with average costs ranging from AUD $250 to AUD $600 per week.

  • Food Options and Costs: A variety of dining options available, with average meal costs ranging from AUD $10 to AUD $25.

Section 9: Queensland University of Technology (QUT)

  • Brief Introduction: QUT is a leading Australian university known for its practical and industry-focused MBA program.

  • Major Courses Offered: MBA, MBA (Advanced), MBA (Digital Business).

  • Duration and Tuition Fee: MBA (1.5 years full-time, AUD $51,300), MBA (Advanced) (2 years full-time, AUD $59,000), MBA (Digital Business) (1.5 years full-time, AUD $53,300).

  • Key Subjects: Strategic Management, Innovation and Entrepreneurship, Business Analytics.

  • International Students Ratio: Approximately 25% of the student population.

  • Main Countries of International Students: China, India, Vietnam.

  • Teacher to Student Ratio: 1:23.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: On-campus and off-campus accommodation options available, with average costs ranging from AUD $150 to AUD $400 per week.

  • Food Options and Costs: A range of affordable dining options available, with average meal costs ranging from AUD $8 to AUD $20.

Section 10: RMIT University

  • Brief Introduction: RMIT University offers a globally recognized MBA program known for its industry-focused curriculum and strong industry connections.

  • Major Courses Offered: MBA, MBA (Executive), MBA (International Business).

  • Duration and Tuition Fee: MBA (2 years full-time, AUD $42,240), MBA (Executive) (2 years part-time, AUD $49,680), MBA (International Business) (2 years full-time, AUD $45,600).

  • Key Subjects: Strategic Management, Leadership Development, Global Business Strategy.

  • International Students Ratio: Approximately 35% of the student population.

  • Main Countries of International Students: India, China, Vietnam.

  • Teacher to Student Ratio: 1:25.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: On-campus and off-campus accommodation options available, with average costs ranging from AUD $200 to AUD $600 per week.

  • Food Options and Costs: Various affordable food options available, with average meal costs ranging from AUD $8 to AUD $25.

Section 11: Macquarie University

  • Brief Introduction: Macquarie University offers an innovative and industry-relevant MBA program that prepares students for leadership roles.

  • Major Courses Offered: MBA, Global MBA.

  • Duration and Tuition Fee: MBA (2 years full-time, AUD $57,600), Global MBA (2 years full-time, AUD $61,920).

  • Key Subjects: Strategic Management, Entrepreneurship, Marketing Strategy.

  • International Students Ratio: Approximately 30% of the student population.

  • Main Countries of International Students: China, India, Sri Lanka.

  • Teacher to Student Ratio: 1:22.

  • Male to Female Students Ratio: Nearly equal.

  • Accommodation and Costs: On-campus and off-campus accommodation options available, with average costs ranging from AUD $250 to AUD $600 per week.

  • Food Options and Costs: A variety of dining options available, with average meal costs ranging from AUD $10 to AUD $25.

Conclusion: When considering an MBA program, it's important to find a university that offers value for money without compromising on quality. The top 7 value for money MBA universities in Australia, including the University of Melbourne, University of Sydney, University of Queensland, Monash University, Australian National University, University of Western Australia, and University of Adelaide, provide exceptional education, affordable tuition fees, and a diverse range of opportunities for international students. By carefully evaluating the courses, subjects, international student ratios, and accommodation options, you can make an informed decision about the right MBA program that aligns with your goals and budget.



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