Australia is one of the mainstream study abroad hubs that is gaining immense popularity among students. Did you know around 74% of all Indian students in Australia are pursuing postgraduate degrees? So, let’s find out more about this popular academic hotspot so you can plan your academic journey.

Key Highlights

• Why should you study in Australia
• Best universities in Australia for masters
• MBA in Australia for Indian students
• PhD in Australia
• Popular courses in Australia
• Cost of education in Australia

Why should you study in Australia

• Quality education

You will be amazed to know that 31 out of 40 Australian varsities rank in the top 500. Reputed universities follow a quality assurance framework to offer the best student experience.

• Safety in check

The Australian population is culturally inclusive, and you will feel warm and welcomed in this country. In fact, according to The Economist Intelligence Unit, Australian cities rank in the top 30 in the world in terms of safety, infrastructure, healthcare facilities, and education.

• Student-friendly visa policies

The Australian student visa process can be completed within 6-8 weeks if your documentation is complete and if you meet their set criteria. Besides, you can avail of a Post-study Work Visa that will allow you to stay in Australia for 3-5 years after completing your study programs. During this period, you can explore full-time work opportunities or get employed in Australia. Isn’t this fantastic?

Sr. No.	Name of the university	Quacquarelli Symonds (QS) World University Rankings 2023 (Country-specific)	Times Higher Education (THE) World University Ranking 2023 (Country-specific)
1	The University of Melbourne	2	1
2	Australian National University (ANU)	1	5
3	The University of Sydney	3	4
4	Monash University	6	2
5	The University of New South Wales (UNSW Sydney)	4	6
6	The University of Queensland	5	3
7	The University of Western Australia	7	8
8	The University of Adelaide	8	7
9	University of Technology Sydney	9	9
10	University of Wollongong	10	15

MBA in Australia for Indian students
Most business schools in Australia offer MBA courses for 1-3 years. Students with 50% marks and above can apply for MBA in Australian universities. However, every university will have its cut-off marks, which you must check before applying. Approximately 50 B-schools offer business management courses in specialisations such as Marketing, STEM MBA, Finance, Human Resources, Economics, Accounting, Entrepreneurship, Technology Management, etc. Here are some of the top MBA colleges to study in Australia for Indian students

• The Australian National University
• Deakin University
• The University of Sydney 
• The University of Melbourne       
• Monash University           

PhD in Australia
The duration of the PhD courses in Australia will range between 3 and 6 years, depending on your area of specialisation. The rigorous coursework will comprise various projects, research activities, dissertations and research papers, depending on your university. A GPA of 5 and above in your master’s degree will ensure a smooth admission process.

• Premier universities in Australia for PhD
• Australian National University
• University of Sydney
• University of Queensland      
• University of New South Wales         
• University of Melbourne                    

MBA	Engineering	Automotive Architecture
Computer and IT	Environmental Science	Cybersecurity
Marketing	Banking and Finance	STEM MBA
Actuarial Science	Computer Engineering	Data Science

Cost of education in Australia
Annual tuition fees to study in Australia will be between ~AUD 20,000 to ~AUD 66,000, approximately ~INR 11,10,000 to ~INR 36,62,000. Other monthly costs, including accommodation, food, travelling expenses, etc., will be around INR 90,000 to INR 2,00,000.
Eligibility criteria

• Educational Qualification: For a master’s degree, you must have completed your bachelor’s degree. For PhD, you can apply after you have your master’s degree exam results.
• Entrance exams: You must clear the Graduate Management Admission Test (GMAT) for business management courses. For all graduate-level programs, including MBA, you can appear for Graduate Record Examinations (GRE).
• You can clear either of the following English proficiency tests:
• The International English Language Testing System (IELTS) 
• Test of English as a Foreign Language (TOEFL)
• Pearson Test of English (PTE)
• Work Experience: Some universities will require 1-2 years of job experience for MBA and PhD courses. However, checking with your chosen university is best to understand if prior experience is mandatory.

So, with this latest information, you can begin your academic journey planning. If the only thing keeping you from studying in Australia is a lack of funds, you can opt for a study loan for abroad programs. A loan for education is a fantastic way to finance your higher studies independently. If you have any queries about overseas education or student loans, feel free to contact us. We will be glad to assist you.