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Masters in International Business in Australia 2025: Top Colleges, Eligibility , Fees & Salaries

Jyoti • 11 Mins read • 28 Jul 25

Masters in International Business in Canada

A Master of International Business in Australia is a 1.5 to 2-year full-time course. In Australia, many universities provide the International Business course, and you can choose specializations like international marketing, global finance, international trade, global supply chain management, business development, and change management. Many top universities of Australia, like Monash University, RMIT University, University of Adelaide, provide an International Business Course with specialization.

The tuition fee of the program is AUD 37,000 to 58,560 per year, which is about ₹20 to ₹32 lakhs in Indian currency. As per the university fee, it can be different like University of Melbourne fee is AUD 56,992 per year, which is ₹32 lakhs for Indian students. If you have decided to move to a different city to pursue your degree, you must know that the cost of living can vary based on city and lifestyle, but the average cost is AUD 21,000 to 68,900 per year; the amount will be ₹11 to ₹37 lakhs for Indian students.

To take admission in Australia's top universities, you must have a bachelor's degree with at least 60 to 70% marks. The English proficiency test needs to be taken for admission. After graduation, many students get jobs in top companies as international marketing manager, business analysts, global supply chain manager, and business development manager. The average salary is ₹35 to ₹70 lakhs; it can be low or high as per the company and job role. Deloitte, PwC, Amazon, and Unilever are the top recruiters. Let's move forward and know more about the course fee, scholarship, entrance exam, and much more.

Masters of International Business in Australia: Highlights

Check the Quick Highlights table that contains important factors about International Business in Australia.

Criteria	Details
Degree Name	Master of International Business
Duration	1.5 to 2 years
Top Universities	University of Melbourne Monash University UNSW University of Sydney
Average Annual Tuition Fees	AUD 38,000 to AUD 52,000 (₹21 to ₹29 lakhs)
Specializations	Global Marketing International Finance Trade and Logistics Strategy
Intakes	February July
Eligibility Criteria	UG degree (60%+) IELTS 6.5 TOEFL 85+
Work Experience	Not mandatory, but mandatory at some universities
Top Recruiters	Deloitte PwC KPMG ANZ HSBC Nestlé
Average Salary After Graduation	AUD 65,000 to AUD 90,000 (₹37 to ₹51 lakhs)

Masters of International Business in Australia: Important Dates

The table has details about important dates and events at the top universities.

University	Tentative Dates
University of Melbourne	February to July 2025
University of Sydney	February to August 2025
UNSW Sydney	February to September 2025
Australian National University	February to July 2025
Monash University	February to July 2025
University of Queensland	February to July 2025
University of Western Australia	February July 2025
University of Adelaide	February to July 2025
University of Technology Sydney	February to July 2025
Macquarie University	February to July 2025

Visa Application Timeline

Here are all the details about student visas and how much time it takes to complete the process.

Step	Timeline
Start preparing documents	6 to 8 months before intake
English language test (IELTS or TOEFL)	6 months before intake
Receive admission letter	4 to 5 months before intake
Apply for a student visa (subclass 500)	3 to 4 months before intake
Visa processing time	4 weeks

Why Study a Masters of International Business in Australia?

If you are going to take admission to Australia's top universities, you must know about the course and why this course is good for you and how it will be beneficial for your career.

Top Universities: Australia has 30 top universities as per QS World University Rankings 2025. The top universities and global recognition, and 9 universities are among the 30 ranked 100.
Business Environment: Many international companies provide a business-friendly setting. Top Universities like the University of Melbourne, University of Sydney, and Monash University have tie-ups with many top companies, and they provide placements to students.
Salary Package: After completing the degree, many students get high-paying jobs based on their job role.

Masters of International Business in Australia: Admission Process

The admission application process usually takes 6 to 8 months before the intake session starts. You must prepare all your academic documents and take English language tests like IELTS or TOEFL. Interested students who want to get enrolled in Australia's top universities, here is the admission process.

Step	Details
Step 1	Choose the universities and check the course details
Step 2	Bachelor’s degree with 60% to 70% IELTS or TOEFL score
Step 3	SOP, LORs, resume, and test scores
Step 4	Fill out the application form on the university website
Step 5	Pay the application fee
Step 6	Wait for the admission letter (processing takes 4 to 8 weeks)
Step 7	Confirm admission and pay the tuition fee

Masters of International Business in Australia: Eligibility Criteria

Wanna join a university in Australia? You must know about the eligibility criteria as per college guidance. If you are international students, you must pass the English proficiency test and based on the English test, students can take admission in their dream college.

Criteria	Requirements
Academic Qualification	A bachelor’s degree in business, management, or a related field. Non-business graduates may need relevant experience or to complete prerequisite courses.
Minimum GPA	Minimum GPA of 5.0 on a 7-point scale or equivalent.
English Language Proficiency	IELTS: 6.5 to 7.0 (no band below 6.0) TOEFL iBT: 79 to 100 PTE Academic: 58% to 65%
Work Experience	1 to 2 years of relevant experience preferred (not mandatory).
Visa Requirements	Student Visa (Subclass 500), proof of funds, and health insurance.
Application Fee	AUD 100 to 150 (₹5,400 to ₹8,100)

SOP, LOR, and Resume

If you want to apply for a Master of International Business in Australia, you must submit all the important educational documents along with SOP, LOR, and a resume.

Document	Description
SOP	A short essay about your career goals and why you chose the course and university.
LORs	Two letters from teachers or employers praising your skills and achievements.
Resume	A summary of your education, work experience, and important skills.

Masters of International Business in Australia: Fee

Many of you are wondering about the fee. Here is the top university fee list for Indian students who want to pursue the International Business degree.

University Name	Tuition Fees (AUD)	Tuition Fees (INR)
Macquarie University	AUD 39,000	₹2,119,070
University of Technology Sydney	AUD 47,760	₹2,592,485
University of Adelaide	AUD 46,000	₹2,497,180
University of Western Australia	AUD 37,100	₹2,014,443
University of Queensland	AUD 48,160	₹2,615,473
Monash University	AUD 45,033	₹2,446,643
Australian National University	AUD 53,700	₹2,917,521
University of New South Wales	AUD 58,560	₹3,181,565
University of Sydney	AUD 55,100	₹2,993,583
University of Melbourne	AUD 54,048	₹2,936,428

Masters of International Business in Australia: Top Entrance Exams

To get admission for International Business in Australia, you must pass the English entrance exams.

Entrance Exam	Purpose	Score
IELTS	English language proficiency	6.5 to 7.0 bands
TOEFL	English language proficiency	85 to 100

IELTS and TOEFL Exam Preparation Tips

If you are going to take an English Language Proficiency test, here are some important tips for you that can help you clear the entrance exam and improve your English as well.

Exam	Preparation Tips
IELTS	Practice all four sections: Listening, Reading, Writing, Speaking Watch English news and listen to podcasts for listening skills Time your practice tests to simulate exam conditions Focus on grammar and vocabulary in writing tasks Speak English daily to improve fluency
TOEFL	Take full-length practice tests regularly Read academic articles to strengthen the reading section Practice typing essays to improve writing speed Use TOEFL prep apps and official resources Record yourself speaking to identify and correct errors

Masters of International Business in Australia: Cutoff

International students who want to take admission in a Master of International Business must meet the minimum English language test score requirements. Here are the details.

IELTS or TOEFL Score Cutoffs

Here is the detailed table about the cutoff list for Master of International Business in Australia for students.

University Name	IELTS	TOEFL (iBT)
University of Melbourne	7	94
University of Sydney	7	96
University of New South Wales	6.5	90
Australian National University	6.5	80
Monash University	6.5	79
University of Queensland	6.5	87
University of Western Australia	6.5	82
University of Adelaide	6.5	79
University of Technology Sydney	6.5	79 to 83
Macquarie University	6.5	83

Masters of International Business in Australia: Syllabus

The syllabus for a Master of International Business in Australia covers various factors related to business studies.

Core Courses

Here is the detailed table about the core courses.

Course Name	Description
International Trade	Studies trade theories Policies and global trade systems
Global Strategy	Focuses on strategic planning in multinational firms
International Financial Management	Covers currency exchange global financing Risk management
Global Marketing	Teaches international marketing tactics and market entry strategies
Cross‑cultural Management	Explores managing and leading across different cultures
Research Methodology	Provides tools and methods for academic and business research

Electives and Specializations

Here is the detailed table about the electives and specializations.

Elective and Specialization	Focus Area
International Entrepreneurship	Starting and managing businesses across global markets
International Finance	Advanced topics in global financial systems and investment
Supply Chain Management	Managing global logistics and operations
Internship and Project Work	Practical exposure through real world business environments

Top Universities for Masters of International Business in Australia

The university fee can vary as per their guidelines and rules, but in Australia, many top universities offer the Masters course to international students based on their eligibility criteria.

University Name	QS Rank 2025	Course Duration	Tuition Fees (AUD)	Tuition Fees (₹ INR)
Macquarie University	133	1 to 2 years	AUD 39,000	₹2,119,070
University of Technology Sydney	88	2 years	AUD 47,760	₹2,592,485
University of Adelaide	82	2 years	AUD 46,000	₹2,497,180
University of Western Australia	77	2 years	AUD 37,100	₹2,014,443
University of Queensland	40	2 years	AUD 48,160	₹2,615,473
Monash University	37	1.5 years	AUD 45,033	₹2,446,643
Australian National University	30	2 years	AUD 53,700	₹2,917,521
University of New South Wales	19	2 years	AUD 58,560	₹3,181,565
University of Sydney	18	1.5 years	AUD 55,100	₹2,993,583
University of Melbourne	13	2 years	AUD 54,048	₹2,936,428

Public Universities

Here is the list of public universities in Australia for Masters degrees.

University Name	QS Rank 2025
University of Melbourne	13
University of Sydney	18
University of New South Wales	19
Australian National University	30
Monash University	37
University of Queensland	40
University of Western Australia	77
University of Adelaide	82
University of Technology Sydney	88
Macquarie University	133

Masters of International Business in Australia: Scholarship

Many top universities provide scholarships to national and international students based on their merit and economic background, as per their guidelines.

Scholarship Name	Awarded By	Eligibility	Benefit
Swinburne International Excellence Scholarship	Swinburne University	GPA of at least 60%	30% tuition fee off
International Merit Scholarship	Queensland University of Technology	Strong academics, English entry Admission offer	25% off tuition fees (first 2 semesters)
South Asia Excellence Scholarship	University of Newcastle	South Asian passport Merit-based	AUD 10,000 (₹5.43 Lakhs)
UOW Postgraduate Academic Excellence Scholarship	University of Wollongong	Merit-based	30% tuition fee waiver
Future Leaders Scholarship	RMIT University	South Asian citizen, RMIT admission offer	20% tuition fee reduction
University of Adelaide College International Scholarship	University of Adelaide	Offer letter from the university	10% tuition fee reduction
India $10,000 Early Acceptance Scholarship	Macquarie University	Indian citizen, acceptance letter Must complete the program	AUD 10,000 per year (₹5.43 Lakhs)
Australia Awards Scholarships	Australian Government	Merit-based, students from eligible countries	Full tuition, airfare, living and setup costs
Destination Australia Program	Australian Government	Full-time study in regional campus, admission requirements met	AUD 15,000 per year (₹8.14 Lakhs)

Scholarship Deadline for 2025

Here are the details about scholarship deadline dates in 2025.

Scholarship Name	Deadline (2025)
Swinburne International Excellence Postgraduate Scholarship	20 August 2025
India $10,000 Early Acceptance Scholarship	20 August 2025
International Merit Scholarship	8 June 2025

Masters of International Business in Australia: Placement

After completing their Masters degree, many students get placement in top companies. Here are the details about the placements.

International Business Manager
Global Marketing Specialist
Supply Chain and Logistics Manager
International Trade Consultant
Business Development Manager
International Financial Analyst
Policy Analyst
Export and Import Manager
Management Consultant

Top recruiters of Masters of International Business in Australia

After graduating with the Master of International Business in Australia, many Indian students get hired by top companies with high salary packages.

Deloitte
KPMG
Accenture
IBM
Google Australia
Amazon
McKinsey and Company
ANZ Bank and Commonwealth Bank of Australia

Masters of International Business in Australia: Salary Package

Many Indian students get high-paying job roles in Australia after completing their degree. Here is the salary package as per job role.

Job Role	Salary Range (AUD)	Salary Range (INR)
International Business Manager	A$ 90,000 to A$ 120,000	₹4,889,700 to ₹6,519,600
Global Marketing Specialist	A$ 70,000 to A$ 95,000	₹3,803,100 to ₹5,161,350
Supply Chain & Logistics Manager	A$ 80,000 to A$ 110,000	₹4,346,400 to ₹5,976,300
International Trade Consultant	A$ 85,000 to A$ 105,000	₹4,618,050 to ₹5,704,650
Business Development Manager	A$ 75,000 to A$ 100,000	₹4,074,750 to ₹5,433,000
International Financial Analyst	A$ 85,000 to A$ 115,000	₹4,618,050 to ₹6,244,950
Policy Analyst (International Business)	A$ 70,000 to A$ 90,000	₹3,803,100 to ₹4,889,700
Export and Import Manager	A$ 65,000 to A$ 85,000	₹3,531,450 to ₹4,618,050
Management Consultant	A$ 95,000 to A$ 130,000	₹5,161,350 to ₹7,062,900

Masters of International Business in Australia vs India

You can check the comparison table between Australia and India.

Criteria	Australia	India
Top Universities	University of Melbourne UNSW Sydney Monash University ANU University of Sydney	IIFT Delhi and Kolkata ISB NMIMS SIIB Christ University
Course Duration	1.5 to 2 years	2 years
Tuition Fees	AUD 37,000 to 58,000 (₹20 to ₹32 per year)	₹10 to ₹25 lakhs
Top Recruiters	Deloitte PwC EY KPMG Amazon Google Coca-Cola Accenture FedEx Goldman Sachs	Infosys TCS Wipro HDFC Bank ICICI Bank Deloitte India Reliance Adani
Average Salary	AUD 70,000 to 130,000 (₹38 to ₹70 lakhs)	₹10 to ₹30 yearly
Scholarships	Australia Awards Destination: Australia Merit and need-based options Covers 25% to 100% of tuition	Limited scholarships Merit-based

Masters of International Business in Australia: Cost of Living

Check the table about the cost of living in Australia.

Expense Category	Monthly Cost (AUD)	Monthly Cost (INR ₹)
Homestay	A$ 940 to A$ 1,300	₹51,032 to ₹70,577
Student Halls	A$ 440 to A$ 1,120	₹23,887 to ₹60,804
Apartment Rental	A$ 740 to A$ 1,760	₹40,174 to ₹95,550
Food	A$ 500 to A$ 1,000	₹27,145 to ₹54,290
Transportation	A$ 100 to A$ 150	₹5,429 to ₹8,143
Internet & Utilities	A$ 140 to A$ 200	₹7,601 to ₹10,858
Health Insurance	A$ 50 to A$ 100	₹2,715 to ₹5,429
Entertainment	A$ 200 to A$ 300	₹10,858 to ₹16,287

Career Scope After Masters of International Business in Australia

Check the table below for career scope.

Job Role	Salary (AUD)	Salary (INR ₹)
International Financial Analyst	A$ 85,000 to A$ 115,000	₹4,618,050 to ₹6,244,950
Business Development Manager	A$ 75,000 to A$ 100,000	₹4,074,750 to ₹5,433,000
International Trade Consultant	A$ 85,000 to A$ 105,000	₹4,618,050 to ₹5,704,650

Frequently Asked Questions

Ques. What is the fee for a Masters in Australia?

Ans. The fee can vary, but the average fee is between AUD 35,000 to AUD 55,000 per year. It will be ₹19,25,000 to ₹30,25,000 for Indian students.

Ques. What are the top universities in Australia?

Ans. In Australia, many universities provide the Masters course and University of Melbourne, Monash University are the top universities.

Ques. What is the salary package after MIB in Australia?

Ans. Many graduate students get a salary package between AUD 70,000 to AUD 100,000, it will depend on their role and experience. The salary will be ₹38,50,000 to ₹55,00,000 in Indian Rupees.

Ques. Is work experience needed for Masters in Australia?

Ans. Most universities do not ask for work experience, but some courses needed work experience.

Ques. What are the job roles after Masters in Australia?

Ans. Some of the roles, including international business manager, global marketing specialist, and supply chain analyst, are the ones you can get in Australia.