Table of Contents
- Can you pursue MBA in Australia without work experience?
- Why should you study MBA in Australia?
- Top Universities Offering MBA without work experience in Australia
- Admission process of Top MBA universities in Australia for freshers
- Top-notch companies hiring MBA graduates in Australia
- Frequently Asked Questions
Can you pursue an MBA in Australia without work experience?
Yes, indeed!!! Freshers can get an admit to the top business schools in Australia. The students are expected to have a high GPA or percentage in their bachelor’s from a recognized university. The general eligibility criteria for some of the top universities in Australia are for MBA without work experience are listed below:
- Bachelor’s degree in the relevant field of study with a minimum of 55-65%.
- At least a 700 GMAT score is considered really good. However, universities accept students with a GMAT score of 550-590, on average.
- At least 6.5 scores in IELTS.
- If you have taken TOFEL, you need a score of 80 or above.
- A Statement of Purpose(SOP) justifying the student’s motivation behind pursuing the degree at a particular college.
Why should you study MBA in Australia?
MBA is one of the most sought-after degrees globally. MBA in Australia can offer a gateway for one’s career acceleration. MBA graduates from Australian universities can land a decent job with an average annual salary ranging Between AUD 85,000 and AUD 305,000. Some other reasons that might compel you to study MBA in Australia are listed below:
- Vast job opportunities: Australia offers more than 45,000 jobs to MBA graduates from Australian universities every year.
- Part-time jobs: Students can work alongside their degree. They can work for around 40 hours a week.
- Finance jobs hub: MBA graduates can get vast job opportunities in the field of finance. So, it's a golden spot for many MBA graduates, with more than 6,000 vacancies realized every year, exclusively in the finance sector.
- Worldwide ranking: As per the FT Business School ranking(2021), around 3 Australian universities are ranked in top business schools globally.
- Relatively low cost of living: When compared with other popular higher education destinations like the USA and the UK, Australia has a reasonable cost of living.
Top Universities Offering MBA without work experience in Australia
Although at least 2-3 years of work experience is a plus point for MBA aspirants. Some colleges in Australia offer MBAs without work experience. The list of top universities in Australia is tabulated below:
| University | Admission Intake |
| James Cook University | February, May, September |
| University of Tasmania | January, June |
| RMIT University | February, July |
| Southern Cross University | February, June, October |
| University of Newcastle | January, August |
| Mendoza College of Business (University of Notre Dam) | August |
| Charles Darwin University | February, August |
| Victoria University | March, July, November |
| Charles Sturt University | March, July, November |
Admission process of Top MBA universities in Australia for freshers
The first obvious step to get admission in any university is to pay the application fees. However, some universities in Australia do not even charge application fees from their students:
- University of Notre Dame Australia
- Victoria University
- Charles Darwin University
- RMIT University
- Central Queensland University
- Bond University
- University of South Australia
- University of Wollongong
Next, students require to fill in the application form and submit relevant documents justifying their eligibility for the MBA program. So, here is a list of eligibility criteria of universities offering MBA without work experience.
James Cook University: It offers full-time MBA programs with a 2-years duration. The tuition fee of the MBA program is 32,720 AUD per annum.
The annual median salary of MBA graduates from this university is 98,000 AUD.
Eligibility Criteria for admission in MBA program:
- IELTS score between 6.0-6.5. But not less than the 6.0 band scale.
- A minimum 86 TOEFL score if you wish not to take IELTS.
- The candidate must have a 3-4 years bachelor's degree in a related discipline from a recognized university with AQF level 7.
- The candidate must have a 1-year bachelor's honors degree in any discipline with AQF level 8.
Southern Cross University: It offers full-time MBA programs with a 2-years duration. The tuition fee of the MBA program is 32,400 AUD per annum, and this might vary depending on the campus you are aiming for.
The university has four campuses Gold Coast, Melbourne, Perth and Sydney.
Eligibility Criteria for admission in MBA program:
- At least 6.5 IELTS score.
- The candidate must have a completed a 3-year bachelor's degree from a recognized Australian university or equivalent.
RMIT University: It offers two options, students can opt for either a full-time 2-year MBA program or an accelerated MBA program of 1.5 years. The tuition fee of the MBA program is 47,040 AUD per annum. This university welcomes students with no work experience with open arms. However, experienced candidates can apply to the Executive MBA program at the university.
Eligibility Criteria for admission in MBA program:
- Minimum 1.0 GPA on a scale of 4.0 in the bachelor's degree from any recognized university in Australia, or 65% in bachelors degree from any recognized university worldwide.
- A minimum GMAT score of 550 is required for admission of international students.
- An updated resume.
- A minimum of 6.5 IELTS score or
- PTE score of at least 58 or
- A minimum of 79 TOFEL score or
- A minimum of 176 CAE score
The University of Newcastle: It offers a full-time global MBA program with a 2-years duration. The tuition fee of the MBA program is 32,980 AUD per annum. It is accounted as one of the top 5% of business schools around the globe.
Eligibility Criteria for admission in MBA program:
- A minimum IELTS score of 6.5
- The candidate must have completed their bachelor’s degree in the relevant field of study.
Victoria University: It offers a full-time global MBA program with a 2-years duration. MBA graduates can expect to work at managerial positions in various sectors like finance, marketing, engineering, construction, tourism, etc.
Eligibility Criteria for admission in MBA program:
- A minimum IELTS score of 6.5
- The candidate must have completed their Australian bachelor’s degree in the relevant field of study.
- International students must have completed their bachelor's with a minimum of 50% from a recognized university.
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 | Marketing 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 | Area Sales Manager | 55,000-1,12,000 |
| Rheinmetall Defense | Process Improvement Management | 99,000 |
Frequently Asked Questions
Ques.1: Can you pursue MBA in Australia without any work experience?
Ans.1: Yes, of course!!! Many prestigious universities are willing to accept students with no work experience. These universities include
- James Cook University
- University of Tasmania
- RMIT University
- Southern Cross University
- University of Newcastle
- Mendoza College of Business (University of Notre Dam)
- Charles Darwin University
- Victoria University
- Charles Sturt University
Although, it is advisable to have at least 2-3 years of work experience before pursuing MBA to attract better career opportunities.
Ques.2: What is the average salary package offered to MBA graduates in Australia?
Ans.2: An MBA graduate can earn anywhere between AUD 85,000 and AUD 305,000.
Ques.3: Which specialization field of MBA is popular in Australia?
Ans.3: The top 10 MBA specializations in Australia are:
- Finance
- Marketing
- Human Resource Management
- Operations Management
- International Business Management
- Information Technology
- Business Analytics
- Hospitality and Tourism
Ques.4: Can you apply for PR in Australia after your MBA?
Ans.4: Yes, international students can extend their student visas post-MBA, allowing them to live in the country for a more extended period of time. After MBA, students can apply for a post-study work visa and find job opportunities in their intended fields.
Ques.5: Which is the highest-paid MBA specialization?
Ans.5: MBA specialization in Business Analytics can earn you around $ 1,26,000 per annum. The following famous specialization is Information Technology offering $110,000 per annum. Third, MBA specialization in Real estate offering $102,000 per annum is in line.
Ques.6: What is the minimum requirement of IELTS score to get admission in MBA without work experience in Australia?
Ans.6: Students with no work experience must score between 6.0-6.5 in IELTS to get admission in IELTS. However, the IELTS score should not go below 6.0.
Ques.7: What minimum GMAT score is required to get admission in MBA without work experience in Australia?
Ans.7: At least a 700 GMAT score is considered really good. However, universities accept students with a GMAT score of 550-590, on average.
