Content Curator | Updated On - May 3, 2024
Executive MBA in Australia is a postgraduate degree program that provides advanced business education for professionals who have already gained significant work experience. In order to get into the top universities in Australia for Executive MBA, you need to have a Bachelor’s Degree mainly in the field of management with a score of at least 65%. Applicants must also have professional work experience of at least five years in the field of management. The average tuition fees for Executive MBA in Australia range from 31,000 to 119,000 AUD. For Indian students, this is around 17 lakhs to 66 lakhs INR.
Some of the top employers in Australia that recruit EMBA graduates include JP Morgan, Deloitte, Barclays, Woolworths, ANZ Banking Corporation, Allianz Global Investors, and many others. Graduates of Executive MBA in Australia can expect to receive a significant salary increase and advancement in their careers. With an Executive MBA in Australia, individuals can expect to take on senior leadership roles in various jobs in Australia and enjoy high salaries that range from 120,000 to 250,000 AUD (67 lakhs-1.4 crore INR).
Executive MBA in Australia: Course Highlights
| Program | Executive MBA |
| Program Type | Full-time, Part-time |
| Program Duration | 1-2 years |
| Eligibility Criteria | Undergraduate degree with a minimum overall aggregate of 65-70% | At least five years of work experience in the field of management |
| English Proficiency Requirements | IELTS: 7.0 | TOEFL: 102 |
| Tuition Fee Range | 31,000 to 119,000 AUD (17 to 66 lakhs INR) |
| Average Salary | 147,000 AUD (82 lakhs INR) |
| Top Employers | JP Morgan, Barclays, Woolworths, ANZ Banking Corporation, Allianz Global Investors, HSBC Global Asset Management |
Top Universities for Executive MBA in Australia
While you would come across multiple universities for an Executive MBA in Australia, it is important to choose the one that fits all your expectations and gives you the best experience. The following are details of the top universities offering the best EMBA in Australia:
| University | Program | Deadlines | Total Tuition Fees (in AUD) |
|---|---|---|---|
| University of Melbourne | Executive MBA | 22 January 2024 | 119,700 |
| University of New South Wales (UNSW) | Executive MBA | 1 February 2024 | 80,040 |
| Monash University | Global Executive MBA | Rolling Basis | 73,300 |
| The University of Sydney | Executive MBA | 15 January 2024 | 77,500 |
| University of Wollongong | Executive MBA | 31 March 2024 | 77,544 |
| Swinburne University of Technology | Executive Masters of Business Administration | Applications for 2023 are closed | 40,800 |
| RMIT University | Executive MBA | 6 March 2024 | 49,920 |
| University of Newcastle | Executive MBA | 11 February 2024 | 31,344 |
Why Study Executive MBA in Australia?
Many countries worldwide, such as USA, Germany, and others, offer the course Executive MBA. However, the following are some of the reasons and facts that make pursuing an Executive MBA programs in Australia stand out from other study abroad destinations:
- All over Australia, there are around 10 universities that offer the Executive MBA program in full-time as well as part-time mode.
- The primary purpose behind the Executive MBA program is to build your management skills and expand your network in such a way that you are able to lead your business journey successfully.
- To help students struggling with finances, Australian universities offer scholarships that provide an exemption from tuition fees.
- The average salary that you would receive after completing your Executive MBA in Australia is estimated to be around Rs. 70 lakhs per annum and can go up to Rs. 1 crore per annum and above as well! The average salary offered by some of the top recruiters is given below:
![Executive MBA in Australia: Jobs and Placement Opportunities]()
- Australia's unemployment rate as of 2023 is 3.8%, indicating numerous job opportunities for graduates.
Executive MBA in Australia Requirements
Since every university has different eligibility criteria to study abroad, you would need to use a different strategy to prepare for the university of your choice. So, to make things easier for you, we have included information about the most common requirements as well as the specific requirements of the top universities that offer the course of Executive MBA in Australia.
Executive MBA in Australia: Eligibility Criteria
The eligibility criteria for taking admission to Executive MBA in Australia for Indian students is almost the same for every university as they require an undergraduate with years of work experience in the field of management. The following are the average degree, scores required, and other requirements if you are thinking to pursue Executive MBA in Australia:
- Academic Degree: Graduation Degree in Executive MBA with around 65% score
- English Proficiency Test Score: IELTS score of at least 6.5 or 7 in most cases
- Statement of Interest or Purpose: Statement of Purpose stating why you chose the respective course and university
- Resume or Curriculum Vitae (CV): Most updated Resume or Curriculum Vitae
- Letter of Recommendation or References: Some universities ask for two to three professional references
- Experience: At least five years of work experience in the field of management.
- Additional Documents: Universities that offer Executive MBA may require you to submit copies of your previous university’s transcripts and go through an interview. International students also need an Australian Student Visa.
Executive MBA in Australia: Admission Requirements
The following is a table that includes the academic requirement, TOEFL score, IELTS score, and additional documents that you would require in order to gain admission into the top universities in Australia that offer the Executive MBA course:
| University | Admission Requirements | TOEFL Score | IELTS Score |
|---|---|---|---|
| University of Melbourne | Undergraduate Degree | CV | Five years of work experience in management | Two professional references | 102 with at least 21 in each section | 7.0 with at least 6.5 in each section |
| University of New South Wales (UNSW) | Undergraduate Degree | 94 with at least 25 in writing and 23 in reading, listening, and speaking | 7.0 with at least 6.0 in each section |
| Monash University | Undergraduate Degree | CV | Statement of Purpose | Ten years of work experience in management | 94 with at least 24 in writing and 20 in reading, listening, and speaking | 7.0 with at least 6.5 in each section |
| The University of Sydney | Undergraduate Degree | CV | Ten years of work experience in management | 96 with at least 19 in writing and 17 in reading, listening, and speaking | 7.0 with at least 6.0 in each section |
| University of Wollongong | Undergraduate Degree with at least 65% | CV | Around 10 years of work experience in management | 106 with at least 25 in speaking and 27 in reading, listening, and writing | 7.5 with at least 7.5 in each section |
| Swinburne University of Technology | Undergraduate Degree in Business Management | CV | Professional References | Three years of work experience in management | 79 with at least 13 in reading, 21 in speaking, 18 in listening, and 21 in writing | 6.5 with at least 6.0 in each section |
Executive MBA in Australia for International Students: Cost
In addition to the tuition fees, there are many additional expenses such as rent, food, and travel included under the cost of living that are essential in order to have a great study experience abroad.
To help you choose an affordable university that offers an Executive MBA in Australia, we have mentioned the average tuition fees of top colleges and the average cost of living in Australia in AUD as well as INR.
Executive MBA Australia Fees
The following table includes a list of the top universities that offer the course of Executive MBA in Australia along with their tuition fees and how much it would cost you in terms of Indian currency (INR).
| University | Total Tuition Fees (in AUD) | Total Tuition Fees (in INR) |
|---|---|---|
| University of Melbourne | 119,700 | 67 lakhs |
| University of New South Wales (UNSW) | 80,040 | 45 lakhs |
| Monash University | 73,300 | 41 lakhs |
| The University of Sydney | 77,500 | 43 lakhs |
| University of Wollongong | 77,544 | 43 lakhs |
| Swinburne University of Technology | 40,800 | 22 lakhs |
| RMIT University | 49,920 | 28 lakhs |
| University of Newcastle | 31,344 | 17 lakhs |
Cost of living in Australia
The following table would provide you with a glimpse of the average cost of living in Australia as it includes various expense types and how much they would cost you annually.
| Expense Type | Average Cost (AUD) | Cost Equivalent (INR) |
|---|---|---|
| Accommodation | 2,100 | 1.18 lakhs |
| Food | 400 | 22,500 |
| Travel | 170 | 9,500 |
| Internet | 120 | 6,700 |
| Utilities | 330 | 18,500 |
| Miscellaneous | 200 | 11,200 |
Executive MBA in Australia: Scholarships
In addition to the tuition fees, students also need to cover the total cost of travel and accommodation in Australia, which can become an expensive deal. Numerous scholarships are offered by the top universities in Australia for helping students with their financial burden. Some of the scholarships for international students in Australia are tabulated below:
| Scholarship | Awarded by | Eligibility | Award Value |
|---|---|---|---|
| Monash University International Merit Scholarship | Monash University | Received an offer letter from Monash University | Up to $50,000 |
| CEW and HMST Scholarship | University of Melbourne | International students enrolled in EMBA | Full Tuition |
| Dean’s GEMBA Study Grant | Monash University | International students enrolled in EMBA | 10,000 AUD |
| Sydney Scholars India Equity Scholarship | The University of Sydney | Applied for a postgraduate degree at the University of Sydney | Up to $60,000 |
| Swinburne International Excellence Postgraduate Scholarship | Swinburne University of Technology | At least 60% GPA of Australian level | Up to 30% waiver of tuition fees |
Executive MBA in Australia: Jobs and Placement Opportunities
The following are some of the career options that you can opt for after completing your Executive MBA from the top universities in Australia.
| Job Title | Average Salary (AUD) | Average Salary (INR) |
|---|---|---|
| Chief Executive Officer (CEO) | 198,337 | 1.11 crore |
| Chief Financial Officer (CFO) | 166,911 | 93 lakhs |
| Financial Controller | 134,106 | 75 lakhs |
| Chief Operating Officer (COO) | 151,572 | 85 lakhs |
| Director of Strategy | 188,464 | 1.06 crore |
| Chief Information Officer (CIO) | 228,280 | 1.28 crore |
| Program Manager, IT | 193,359 | 1.08 crore |
| Operations Director | 196,779 | 1.10 crore |
| Operations Manager | 127,033 | 71 lakhs |
| Regional Managing Director | 208,262 | 1.17 crore |
| Business Manager | 108,757 | 61 lakhs |
Executive MBA in Australia: Return on Investment
In the following table, we have compared the average fees and average salary that you would get after completing the course of Executive MBA in Australia.
| University | Total Tuition Fees (in AUD) | Average Salary (in AUD) |
|---|---|---|
| University of New South Wales | 80,040 | 211,000 |
| The University of Sydney | 77,500 | 300,000 |
| RMIT University | 49,920 | 123,000 |
Executive MBA in Australia has a wide scope, providing students with a comprehensive understanding of business practices, as well as practical skills and knowledge that can be applied in a real-world setting. With a degree from a reputable institution in Australia, individuals can expect to enjoy excellent job prospects and a significant increase in their salaries. Overall, the Executive MBA in Australia is an excellent investment for individuals who are looking to achieve their career goals and reach their full potential
FAQs
Ques: How much does an Executive MBA cost in Australia?
Ans: The average tuition fees for Executive MBA in Australia range from 31,000 to 119,000 AUD. For Indian students, this is around 17 lakhs to 66 lakhs INR. The tuition fee in some of the top universities for Executive MBA in Australia is:
| University | Total Tuition Fees (in AUD) | Total Tuition Fees (in INR) |
|---|---|---|
| University of Melbourne | 119,700 | 67 lakhs |
| University of New South Wales (UNSW) | 80,040 | 45 lakhs |
| Monash University | 73,300 | 41 lakhs |
| The University of Sydney | 77,500 | 43 lakhs |
| University of Wollongong | 77,544 | 43 lakhs |
Ques: What is the salary of EMBA in Australia?
Ans: With an Executive MBA in Australia, individuals can expect to take on senior leadership roles in various industries and enjoy lucrative salaries that range from 120,000 to 250,000 AUD (67 lakhs-1.4 crore INR)
Ques: Which college is best for an Executive MBA in Australia?
Ans: Some of the top universities for Executive MBA in Australia are as follows:
- University of Melbourne
- University of New South Wales (UNSW)
- Monash University
- The University of Sydney
- University of Wollongong
- Swinburne University of Technology
Ques: What is the eligibility criteria for an Executive MBA in Australia?
Ans: The eligibility criteria for EMBA in Australia are:
- Academic Degree: Graduation Degree in Executive MBA with around 65% score
- English Proficiency Test Score: IELTS score of at least 6.5 or 7 in most cases
- Statement of Interest or Purpose: Statement of Interest stating why you chose the respective course and university
- Resume or Curriculum Vitae (CV): Most updated Resume or Curriculum Vitae
- Letter of Recommendation or References: Some universities ask for two to three professional references
- Experience: At least five years of work experience in the field of management.
- Additional Documents: Universities that offer Executive MBA may require you to submit copies of your previous university’s transcripts and go through an interview
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