Masters in Management in Australia: Admission, Top Universities, Fees, Scholarships & Careers

A Master in Management in Australia is a full-time, 1 to 2-year course, and it provides an alternative MBA degree to students. As well as a Masters degree has many specializations like Business Analytics, Operations Management, Information Systems, and Supply Chain Management.  In Australia, many top universities, like University of Melbourne, the Australian National University, Australian National University provide the Masters in Management. 

If you are planning to study abroad, you must meet the eligibility criteria, and after admission, you have to submit the fee, and the fee of the course is AUD 30,000 to 70,000; the cost will be ₹16 to ₹37 lakh. To get into the top universities, you must pass the entrance exam, and GMAT score should be 680. While students must have 55% to 65% masks in undergraduate. After completing the degree, many international students get a job in top companies like KPMG, Accenture, Randstad, and Gartner with AUD 50,000 to 150,000, and for Indian students, the amount will be counted as ₹27 to ₹81 Lakhs. 

Masters in Management in Australia: Quick Highlights

Check the MIM in Australia quick highlights table, which has many details about the course. 

Masters in Management in Australia: Important Dates 

Here is the table of important dates related to the universities application start and end dates for Master in Management in Australia 

Visa Application Timeline

If you are ready to study in Aboard, you can go for the visa process, and here are the full details about the visa process for Indian students. 

Why Study a Masters in Management in Australia?

Many people have this question in their mind: why should we choose the Masters in Australia? Here are some important points.

• High placement: After completing the degree, many students get high package placement. The average salary is AUD 85,000, and the cost will be ₹47.6 lakhs to ₹48.5 lakhs for Indian students. 
• Top universities: Many top universities provide the course, and it will be good for students' careers. They have flexible study options for students. 
• Top recruiters: In Australia, many top companies hire students after completing their degree program and offer high packages, and you will get global exposure. 

Also Read :Masters in Management in Canada

Masters in Management in Australia: Admission Process

Here are the full details about the admission process of MIM in Australia. 

• To take admission in Masters, you must submit an online application with your academic transcripts and, degree certificate.
• An SOP, 2 to 3 LORs, and a resume are required to get into a college abroad. 
• International students must submit the language test score card.
• Some of the programs require an interview, and it can be held either in person or online.

Masters in Management in Australia: Eligibility Criteria

These are the eligibility criteria of the course, and the students must have passed the entrance exam. 

SOP, LOR, and Resume

Check the details about students' SOP, LOR, and resume.

Read more: Master of Engineering in Australia

Masters in Management in Australia: Fee

Check the table about the Master in Management in Australia fees.

Masters in Management in Australia: Top Entrance Exams

If you want to study at a college abroad, you must clear the entrance exam as per the university’s guidelines. Some universities also conduct interviews, which may be held online or offline.

Masters in Management in Australia: Cutoff 

If you are going to take the entrance exam, here are the cutoff scores you can check.

GMAT Cutoffs Masters in Management in Australia

Here is the GMAT cutoff as per the universities.

IELTS or TOEFL Score Cutoffs

Here are the IELTS and TOEFL score cutoffs for students. 

Masters in Management in Australia: Syllabus 

The syllabus can be different as per the university, but here are the basic syllabus details.

Core Courses

• Business Strategy
• Organizational Behaviour
• Financial Accounting
• Corporate Finance
• Marketing Management
• Operations Management
• Business Analytics
  Leadership and Ethics

Electives and Specialisations

Students can choose based on their interests.

• Finance
• Human Resource Management
• Marketing
• International Business
• Business Analytics
• Supply Chain Management
• Sports Management

Top Universities for Masters in Management in Australia

If you are planning to join a top university in Australia for study, you must know about them. Here are the details of the top universities along with their fee structure. 

MIM in Australia: Scholarship 

Top universities not only offer quality education but also provide scholarships to support students based on merit and financial background. Some universities offer scholarships specifically for international students, and many students benefit from these opportunities.

Masters in Management in Australia: Scholarship Deadline for 2025

Here is the list of scholarship deadlines for students.

Masters in Management in Australia: Placement 

Many students get placed after completing their degree program in Australia. Here are the details about placements.

• Marketing Manager
• Project Manager
• Operations Manager
• Management Consultant
• Procurement Manager
• Human Resources Manager
• Event Manager
• Human Resources Coordinator
• Marketing Specialist
• Marketing Coordinator

Top recruiters of MIM in Australia

Here are the top recruiters for Master in Management in Australia.

• Deloitte
• PwC (PricewaterhouseCoopers)
• KPMG
• Accenture
• IBM
• Commonwealth Bank of Australia
• Westpac Group
• Telstra
• ANZ Bank
• Google Australia
• Amazon
• Boston Consulting Group 

MIM in Australia: Salary Package 

Check the table below for details about the salary packages for graduates of the Master in Management program.

Masters in Management in Australia vs India 

Here is a comparison table between Australia and India to help you decide whether you want to study in Australia or India.

Masters in Management in Australia: Cost of Living 

If you have made up your mind to study in Australia, you must be aware of the cost of living abroad. The cost can vary depending on a student's expenses, so here are the basic details about the cost of living.

Career Scope After Masters in Management in Australia

Many international students secure high-paying jobs in Australia after completing their degree. If you're planning to choose this course and are still worried about your career scope, here are the details about career opportunities along with the salary range. 

FAQs for Masters in Management in Australia

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

Ans. After completing the degree, students can get high-paying jobs in Australia. The average salary ranges from AUD 65,000 to AUD 110,000 per year, which is approximately ₹35 to ₹60 lakhs in Indian currency. However, the salary may vary depending on the job role and responsibilities.

Ques. Is GMAT required for MIM in Australia?

Ans. GMAT is not mandatory for all universities, but some institutions may require it. Admission is generally offered based on GMAT and IELTS or TOEFL scores, depending on the university’s specific criteria.

Ques. Who are the top universities in Australia for a Master in Management degree?

Ans. Several top universities in Australia provide a Master in Management degree. Some of the leading institutions include.

• University of Melbourne
• University of Sydney
• Australian National University 
• UNSW Sydney 
• University of Wollongong

Ques. What is the cost to study for MIM in Australia?

Ans. The fee can be different as per the university, but the tuition fee ranges from AUD 30,000 to AUD 70,000 per year, which is approximately ₹16 to ₹37 lakhs for Indian students.

Ques. What is the career scope after completing the degree of Master?

Ans. After graduation, many students get various job roles. 

• Project Manager
• Marketing Manager
• Management Consultant
• HR Manager
• Business Analyst