2025 MBA Fees in Australia

The average cost of an MBA in Australian in 2025 $64,211. This is up 5.8% on the average fee in 2024 ($60,493).  These fees only cover tuition costs and not additional expenses, including text books, study tours and technology requirements (laptops, etc). Students studying full-time need to consider the opportunity cost of doing an MBA including the loss of salary andtime away from your career.

The average fee for international students studying an MBA in Australia rose slightly in 2025 to $71,345. (2024: $69,186). In 2023 the average MBA for international students was $67,810. International students need to consider the costs of visas, living expenses, transport, food and healthcare. 

Employer Sponsorships

• Many companies partially or fully sponsor MBAs for employees who commit to staying post-graduation.
• Some firms offer tuition reimbursement as part of leadership development programs.
• Requires negotiation—demonstrate how your MBA will benefit the company.

Tip: Ensure you understand any contractual obligations, such as work commitments after graduation.

Government Loans & Assistance

• FEE-HELP (For Domestic Students)
  
  • An Australian government loan that covers tuition fees (up to a capped amount).
  • Must be repaid once your income exceeds a certain threshold.
• Commonwealth Supported Places (CSPs)
  
  • Available in some MBA programs, reducing tuition fees.

Tip: Check if your MBA program qualifies for FEE-HELP or CSP assistance.

Private Student Loans & Bank Loans

• Many banks in Australia offer education loans specifically for MBA students.
• Private loans can have higher interest rates than government loans.
• Some universities have partnerships with financial institutions to provide lower-rate loans.

Tip: Compare interest rates, repayment terms, and hidden fees before taking a loan.

Self-Funding & Savings

• Many professionals save for an MBA before applying to minimise debt.
• Some choose part-time or online MBAs to work while studying, reducing financial strain.
• Using a personal loan or home equity loan may be an option for some.

Tip: Consider the opportunity cost of quitting work vs. working while studying.

Many Australian universities offer scholarships based on merit, financial need, or industry background.

• University Scholarships – Provided by institutions like Melbourne Business School, AGSM (UNSW), and Monash Business School.
• Government Scholarships – Programs like the Australia Awards Scholarships for international students.
• Industry-Specific Scholarships – Some industries (e.g., finance, consulting) offer scholarships for professionals.
• Diversity & Inclusion Scholarships – Support for women in business, Indigenous students, or underrepresented groups.

Tip: Check university websites early and apply before deadlines!

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There is significant research and evidence to show that an MBA in Australia will help you achieve your career goals faster, increase your salary and deliver an exceptional return on investment (ROI). Here’s a breakdown of the key benefits of an MBA:

Career Acceleration & Higher Salary

• Many MBA graduates experience salary increases post-MBA with most MBA graduates making $140,000 to $200,000.
• The FT Global MBA Ranking 2025 found AGSM graduates were making $US139,766 ($AUD219,440) three years after graduating.
• According to the Australian Institute of Business 2023 Alumni Insights Report, the average salary of AIB MBA respondents in Australia is $161,000, while the average global salary for AIB graduates is $142,000.
• An MBA can help accelerate your career by opening up the opportunity to transition to leadership roles, or moving into senior management.

Global Recognition & Networking

• Australia has world-class MBA programs (e.g., Melbourne Business School, AGSM, Monash) that are well respected by international employers
• Australian MBA cohorts are diverse and international, expanding global career opportunities.
• Alumni networks provide strong industry connections in Australia and beyond.

Career Change & Industry Switch

• Many professionals use an MBA to pivot careers (e.g., from engineering to consulting or finance).
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• Some programs offer internships, industry projects, and career coaching to help with job transitions.

Visa & Permanent Residency (For International Students)

• An MBA in Australia can lead to post-study work visas (subclass 485).

• Some MBAs can help meet eligibility for PR (permanent residency) points under Australia’s skilled migration system.