Why Filipinos should study MBA in Australia

Australia is one of the top study destinations for international students. As per the QS ranking, it is among the top 5 study destinations for international students who want to pursue an MBA abroad. Here are some top reasons why students choose to study an MBA in Australia:

• Australia is considered as one of the top 3 most live able countries in the world due to its excellent education system, high standard of living, friendly, laid-back lifestyle, and its undeniable natural beauty and vibrant city life. 
• The Australian Qualification Framework (AQF) allows countries around the world to recognise your qualification and issue the comparable qualifications for local use. 
• MBA jobs in Australia are aplenty with international students allowed to can work up to 40 hours a fortnight while studying. 

With more than 130 universities in Australia that offers MBA, the students definitely have a variety of university choices depending on their budget. On average, the cost of MBA in Australia is AUD 54,000 annually. Meanwhile, the average cost of living is approximately AUD 20,700 annually depending on the area, housing or accomodation, and the lifestyle of the student.

What if you do not have work experience?

Some top Australian colleges/universities do acknowledge students who have lesser work experience or no prior working experience in their MBA programs. Some colleges/universities even offer two variants of the program – the ‘executive MBA’ for students who have critical work experience and a NON-EXECUTIVE MBA for students with no work experience.

MBA in Australia Without Work Experience 

If you do not have any work experience and you wish to get an MBA in Australia, don’t worry because you still can still apply for the program if you have meet these criteria: 

• Bachelor's Degree: candidates are more likely than not to finish a Bachelor degree in any field from a perceived college. 
• IELTS: Students need to demonstrate a decent IELTS score of a minimum 6.5 overall in IELTS with no band less than 6.0. 
• GMAT: Most Australian colleges and universities accept GMAT scores when granting admission to MBA program. A good GMAT (Graduate Management Admission Test) score is required to get into the best college to pursue an MBA. However, the average GMAT score for admission to an Australian university is 590. It is a good idea to stay up to date on changes in the exam pattern and other such things. 

Apart from these, there are still a lot of documentary preparation that needs to be done and the interview process is known to be extensive.

Here are some of the universities that offer an MBA in Australia without work experience: 

1. Melbourne Business School (16 months) 
2. Macquire University (12 months) 
3. University of Tasmania (1.7 years) 
4. University of Canberra (2 years) 
5. Australian National University (1.5 years)

MBA in Australia Without GMAT 

Are there any possibilities that the students can study in MBA without GMAT score? 
The answer is yes! The Australian Education System focuses on practical expertise which means the institutions, gives credence to work experience apart from the academic score. Hence, even without GMAT, Australian universities would require applicants to have consistent high scores across their high school and graduation. Here are some of the criteria that you need to pass when applying an MBA in Australia without GMAT: 

• Bachelor's Degree: Candidates are more likely than not to finish a Bachelor degree in any field from a perceived college. 
• IELTS: Students need to demonstrate a decent IELTS score of a minimum 6.5 overall in IELTS with no band less than 6.0. 
• Work Experience: Having work experience of around 2-3 years will certainly be valuable to your application. A large portion of Australian colleges and universities gives great considerations to applicants with 2-3 years of work experience. 

In addition, here are some universities that also offer an MBA program in Australia without GMAT: 

1. ANU College of Business and Economics, Australia National University 
2. La Trobe University, Melbourne 
3. Faculty of Business and Economics, Monash University 
4. Sydney Business School, University of Wollongong 
5. Macquire Graduate School of Management, Macquire University

What are some career opportunities available after completing an MBA in Australia?

Finally, after completion of your MBA in Australia, you are eligible to apply for a work visa. This enables the visa holder to stay and work in Australia. As an MBA student applicant, you can get a temporary graduate visa (SUBCLASS 485) once as an essential candidate. This Temporary Graduate Visa has two streams: The Graduate Workstream and The Post-Study Workstream. Upon your graduation in your MBA program, you’ll be able to explore and pursue some of the top careers in Australia. 

• Financial Services 
• IT/ Computer Services 
• Consulting/ Professional Services 
• Education 
• Manufacturing/Engineering 

Interested in pursuing an MBA in Australia? Now is the right time to kickstart your career! IDP Philippines has helped numerous students to pursue their MBA dream in Australia. Explore your career opportunities in Australia with IDP! Contact us now!