Table of content:
- Can you pursue MBA in Australia without GMAT?
- Top Colleges offering MBA without GMAT in Australia
- The detailed Admission process of Top universities offering MBA without GMAT in Australia
- Job opportunities after MBA in Australia
- Top-notch companies hiring MBA graduates in Australia
- Frequently Asked Questions(FAQs)
Can you pursue MBA in Australia without GMAT?
Yes, indeed!!! Students can get admitted to the top business schools in Australia without GMAT. However, the general admission criteria require students to have at least a 550 GMAT score and a minimum of 2-3 years of work experience in the management field. However, many ace colleges do offer MBA to students without GMAT. The reason behind this is simple, Australian universities prefer students with practical knowledge, analytical skills, and mathematical aptitude. So, Australian universities offering MBA without GMAT emphasise managerial work experience, letters of recommendation, and a statement of purpose/motivation, during the admission process. The general eligibility criteria for some of the top universities in Australia are for MBA without GMAT are listed below:
- Bachelor’s degree in the relevant field of study with a minimum of 65%.
- At least 2-3 years of work experience.
- At least 6.5 scores in IELTS.
- If you have taken TOFEL, you need a score of 79 or above.
- A Statement of Purpose(SOP) justifying the student’s motivation behind pursuing the degree at a particular college. The SOP must be 1-2 pages.
- Updated resume.
Top Colleges offering MBA without GMAT in Australia
Now that we are aware that Australian universities offer MBA without GMAT.
We must have a look at the top universities offering MBA without GMAT below:
Top Colleges | Annual Tuition Fees(AUD) |
Monash Business School | 88,000 |
La Trobe Business School | 56,697 |
The University of Sydney Business School | 55,000 |
The University of Sydney Business School | 41,000 |
Macquarie Graduate School of Business | 40,000 |
Macquarie Graduate School of Business | 33,000 |
Detailed Admission process of Top universities offering MBA without GMAT in Australia
Monash Business School:
This business school offers MBA program to experienced professionals having rich job exposure in various sectors.
Application Deadlines for several admission rounds for MBA at Monash Business School have been listed below:
- Round 1: 31 May
- Round 2: 31 July
- Round 3: 30 September
The essential eligibility criteria for admission in MBA at Monash Business School are as follows:
- The candidate must have at least three years of work experience of which at least one year of managerial work experience is mandatory.
- The candidate must score at least 6.5 in IELTS.
- If you opt for an IELTS waiver, you must score at least 79 in TOEFL(iBT).
- Detailed resume.
- Statement of purpose
- At least two letters of recommendation along with the contact details of professional referees
Macquarie Graduate School of Management:
This Australian business school is one of the best in terms of placement across the globe. This program mainly prepares students to perform in a global economy.
Application Deadlines for several admission rounds for MBA at Macquarie Graduate School of Management have been listed below:
- Term 1: 8 November
- Term 2: 7 March
- Term 3: 23 May
- Term 4: 22 August
The basic eligibility criteria for admission in MBA at Macquarie Graduate School of Management are as follows:
- There is no minimum work experience required for admission to MBA.
- The candidate must score at least 7.0 (6.0 in each section) in IELTS.
- In case, you opt for an IELTS waiver, then you must score at least 94 in TOEFL(iBT).
- Updated resume.
- The candidate must submit a personal video of 1 minute.
- The candidate must have completed a bachelor's in any relevant field of study.
- At least 2 letters of recommendation along with the contact details of professional referees
Deakin Business School:
Deakin Business School offers a full-time MBA program of 1.5 years. Students at Deakin Business School are entitled to get the benefits of holistic learning, including workshops, seminars, one-on-one mentoring, etc.
Application Deadline for admission to MBA at Deakin Business School is February 21
- The basic eligibility criteria for admission to MBA at Deakin Business School are as follows:
- The candidate must have completed a bachelor's in any relevant field of study and must have at least 3 years of work experience or
- The candidate must have a graduate certificate in a relevant field of study and at least 5 years of work experience in managerial field.
- Candidates must be trained to make informed decisions in several aspects of budgeting, staffing, project management, and financial management.
- The candidate must score at least 6.5 in IELTS.
- In case, you opt for an IELTS waiver, then you must score at least 79 in TOEFL(iBT).
- Remarkable resume.
- One page outlining why you think that your work experience would be valued by your peers in the MBA program.
- At least 2 letters of recommendation along with the contact details of professional referees
- Statement of purpose
La Trobe Business School:
This Business School provides a practical and industry-oriented MBA program with a duration of 1.5 - 2 years.
La Trobe Business School accepts student applications for its MBA program in the months of March and July.
The basic eligibility criteria for admission to MBA at La Trobe Business School are as follows:
- The candidate must have at least 3 years of work experience in a managerial field.
- The candidate must score at least 6.5(6.0 in each section) in IELTS.
- In case, you opt for an IELTS waiver, then you must score at least 79 in TOEFL(iBT).
- Current resume.
- The candidate must have at least 60% in their bachelor’s degree in a relevant field of study.
- Candidates having extensive professional experience of more than eight years but without any undergraduate degree may be considered for a professional entry program in MBA.
Adelaide Business School:
This business school is considered the number 1 in South Australia and 2nd in Australia for MBA. Adelaide Business School has received a 5-star rating from the Graduate Management Association of Australia (GMAA) ratings.
Application Deadlines for several admission rounds for MBA at Adelaide Business School have been listed below:
- Trimester 1: 7 December
- Trimester 2: 6 April
- Trimester 3: 13 July
The essential eligibility criteria for admission in MBA at Adelaide Business School are as follows:
The candidate must have at least two years of work experience post their bachelor, or
The candidate must have at least seven years of work experience in the relevant field of study and GMAT scores for candidates without any bachelor's degree.
- Updated resume with contact details of 2 referees.
- The candidate must submit two essays of 300 to 500 words each on one of the following topics:
- Work experience background and how MBA will enhance personal and professional development
- An example of a previous or current work environment where you handled a complex situation
- An example of critical thinking and analysis capabilities demonstrated in your workplace.
University of Sydney Business School:
This business school offers a full-time MBA of 18 months. It focuses on finance, marketing and strategy and teaches students how to lead a team in the digital world. Students can also undertake an internship in the final year.
Application Deadlines for several admission rounds for MBA at University of Sydney Business School have been listed below:
- Round 1: August 1
- Round 2: October 1
- Round 3: November 1
- Round 4: February 1
- Round 5: April 1
- Round 6: June 15
The essential eligibility criteria for admission to MBA at University of Sydney Business School are as follows:
- The candidate must have at least 3 years of work experience in a managerial field.
- The candidate must score at least 7.0 in IELTS.
- In case, you opt for an IELTS waiver; then you must score at least 96 in TOEFL(iBT).
- Current resume.
- The candidate must have at least 65% in their bachelor’s degree in a relevant field of study.
- Statement of purpose/ motivation of at least 2 pages.
Job opportunities after MBA in Australia
MBA is the most sought-after course, offers endless job opportunities in almost every sector/industry. The finance industry is the highest-paid sector for MBA graduates. Let’s have a look at the most popular job roles apt for MBA graduates, along with their average annual salaries in Australia.
Job Roles | Average Annual Salary(USD) |
Business Development Manager | 111,000 |
General Manager | 108,000 |
Assistant BD Manager | 95,400 |
Manager | 122,000 |
Manager | 122,000 |
Financial Manager | 135,000 |
Project Manager | 89,000 |
Employee Relations Manager | 89,000 |
Organizational Development Manager | 89,000 |
As per the QS MBA Jobs & Salary Trends Report 2020, leadership, strategy, and innovation are the most valued skills by employers in an MBA graduate. Hence, students are advised to choose courses focusing on the development of these skills while pursuing a management degree.
Top-notch companies hiring MBA graduates in Australia
MBA graduates from Australian universities can find jobs across multiple industries like marketing, finance, consultancy, manufacturing, among many others. The top 10 Australian companies offering competitive salaries to MBA graduates are listed below:
Top Companies | Job Role | Average Annual Salary(AUD) |
Commonwealth Bank of Australia | Risk Manager | 87,000- 1,64,000 |
Westpac Banking Corp | Business Analyst | 62,000- 1,10,000 |
World Courier | Benefits & Compensation Manager | 92,000 |
West Recruitment | Performance Manager | 92,000 |
Hays | Employee Relations Manager | 90,000 |
Westpac Banking Corporation | Employee Relations Manager | 1,03,000 |
ASC_PTY Ltd | Maintenance Manager | 79,000-1,76,000 |
APCD Pty Ltd | Business Development Manager | 54,000-1,22,000 |
GFG Alliance | Business Development Manager | 55,000-1,12,000 |
Rheinmetall Defense | Process Improvement Management | 99,000 |
Frequently Asked Questions(FAQs)
Ques.1: Is MBA in Australia valued across the globe?
Ans.1: Yes! Three Australian business schools have been placed in the list of top 100 business schools worldwide. The average tuition fees can go up to 60,000 USD. The average annual salary offered is 97,100 USD. Hence, MBA from Australia is not only valued globally but also carries worth for an individual’s career.
Ques.2: Is GMAT compulsory for admission to an MBA program in Australia?
Ans.2: Yes! Students can get an admit to the top business schools in Australia without GMAT. Although the general admission criteria require students to have at least a 550 GMAT score and a minimum of 2-3 years of work experience in the management field. However, many ace colleges, like Monash, University of Sydney, Deakin University, University of Adelaide, and others do offer MBA to students without GMAT. These Australian universities prefer students with practical knowledge, analytical skills, and mathematical aptitude.
Ques.3: What is the basic eligibility criteria to study MBA without GMAT in Australia?
Ans.3: The general eligibility criteria for some of the top universities in Australia are for MBA without GMAT are listed below:
- Bachelor’s degree in the relevant field of study with a minimum of 65%.
- At least 2-3 years of work experience.
- At least 6.5 scores in IELTS.
- If you have taken TOFEL, you need a score of 79 or above.
- A Statement of Purpose(SOP) justifying the student’s motivation behind pursuing the degree at a particular college. The SOP must be 1-2 pages.
- Updated resume.
Ques.4: What is the approximate cost of pursuing an MBA in Australia?
Ans.4: It costs around 54,000 AUD to 86,000 AUD to study MBA in Australia.
Ques.5: Which top companies hire MBA graduates?
Ans.5: Top recruiters hiring MBA graduates are listed as follows:
- Commonwealth Bank of Australia
- Westpac Banking Corp
- World Courier
- West Recruitment
- Hays
- Westpac Banking Corporation
- ASC_PTY Ltd
- APCD Pty Ltd
- GFG Alliance
- Rheinmetall Defense
Ques.6: How much can I earn after MBA in Australia?
Ans.6: An MBA graduate can earn somewhere between AU$85,000 and AU$305,000 on an average per annum.
Ques.7: Which are the best colleges in Australia to study MBA without GMAT?
Ans.7: The list of top-notch colleges in Australia are given below:
- Monash Business School
- La Trobe Business School
- The University of Sydney Business School
- Adelaide Business School
- Macquarie Graduate School of Business
- Deakin Business School