1 year MBA programs in Australia- Your Quick Guide

Table of Contents

  1. Reasons to Pursue a One-Year MBA in Australia
  2. Popular MBA 1 year courses in Australia
  3. Documents for a One-Year MBA in Australia
  4. Job roles for a one-year MBA in Australia
  5. Costs of Studying 1-Year MBA in Australia:
  6. Top programs to consider for a one-year MBA in Australia
  7. Frequently Asked Questions

Opting for a one-year MBA program in Australia presents remarkable educational and career prospects. Tailored for ambitious individuals, this intensive program swiftly enhances business acumen. It combines high-quality education with cultural diversity, fostering substantial professional development on the international business stage.

Reasons to Pursue a One-Year MBA in Australia

  • Global Market Insights: A one-year MBA in Australia provides students with current knowledge of global business trends.
  • Accredited Education: Australian MBA colleges hold EQUIS and AACSB accreditation, ensuring high-quality education.
  • Practical Experience: Programs offer internships, providing valuable professional exposure.
  • Academic and Practical Blend: The curriculum combines academic learning with practical training, enhancing leadership and communication skills.
  • Affordability: With an average tuition fee of around 50,000 AUD per year, it offers a cost-effective option.
  • English-Medium Instruction: Courses are conducted in English and accessible to students with basic English proficiency.

Here are some popular MBA 1 year courses in Australia

  • Accounting 
  • Data-Driven Decision Making 
  •  Economic Management and Strategy 
  • Managerial Finance 
  • Marketing Principles Operations 
  • Strategic Supply Chain Management 
  • Organizational Behaviour 
  • Strategic Analysis and Consulting Project

Required Standard documents for a One-Year MBA in Australia:

To secure admission to top universities offering one-year MBA programs in Australia, applicants must provide the following documents:

  • Transcripts of all academic qualifications
  • Curriculum Vitae (CV) or Resume
  • Letter of Recommendation (LOR)
  • Statement of Purpose (SOP)
  • IELTS/TOEFL scorecards
  • GMAT/GRE scorecards
  • Certificate of Work Experience
  • Personal Statement that outlines your motivation for pursuing a one-year MBA in Australia, inclusive of your specific areas of interest and any relevant achievements.

Job roles for a one-year MBA in Australia

  • Chief Executive Officers in the public or private sector
  • SES (Senior Executive Services) in the Australian Public Service
  • Company Directors
  • Executives
  • Senior Managers
  • Business Consultants
  • Entrepreneurs
  • Leaders in many other influential roles

Costs of Studying 1-Year MBA in Australia:

In the span of one year, from 2023 to 2024, the cost of pursuing an MBA in Australia has witnessed a notable increase. 

On average, the total expenditure for an MBA program has risen to $60,643, marking a significant uptick from the previous year’s average of $56,261. This surge in costs underscores the evolving landscape of higher education expenses in Australia, potentially impacting prospective students’ financial planning and decisions regarding their academic pursuits.

Top programs to consider for a one-year MBA in Australia:

University Name Program NameDurationProgram details 
Monash UniversityGlobal Executive MBA18-month A minimum of 5 years of work experience in a professional setting
IELTS (Academic): 6.5 Overall score
Pearson Test of English (Academic): 58 Overall score
TOEFL Internet-based test: 79 Overall score, with minimum scores
Tuition fee: AUD 73,300
The University of QueenslandMBA12 months4 years of full-time equivalent, relevant work experience
GPA of 4.5 
GMAT with a minimum score of 550
IELTS: Overall 6.5
TOEFL iBT: Overall 87
PTE Academic: Overall Score of 64
Tuition fee: AUD 91,421
University Of Western AustraliaMBA intensive12-18 monthsAt least 3 years of professional experience in a relevant occupation. 
IELTS (Academic): Minimum overall score of 6.5
GMAT score of at least 650
Tuition fee: AUD 41,600
Griffith Business SchoolMBA12-18 months2 years of relevant work experience
Average (GPA) of 4.5 
GMAT is an overall score of 550.
IELTS (Academic): Overall band score of 6.5 
TOEFL: 79  
Pearson Test of English (Academic): No score less than 50
Tuition fee: AUD 46,500
Australian National UniversityMBA18 monthsMinimum requirement for professional work experience is 5 years
GPA of 5.0/7.0
GMAT: Score of 600 or higher
Tuition fee: AUD 48,035
Sydney Business SchoolFull-time MBA18 monthsA minimum of three years of relevant work experience
GMAT: Score of 600+
IELTS: 7.0 overall
TOEFL – IBT: 96 overall 
PTE: 68 Overall 
Tuition fee: AUD 55,000

Are you ready to advance your career with a one-year MBA in Australia?

Our expert consultants are dedicated to assisting you in selecting the perfect university and navigating the application process. Contact our admission experts today for tailored guidance and embark on your path to academic excellence and career success in Australia!

Frequently Asked Questions

Is it possible to do a 1 year MBA in Australia without a GMAT?

Yes, it’s feasible to pursue a one-year MBA in Australia without requiring a GMAT test score for admission. Many universities offer MBA programs that don’t mandate GMAT scores as part of their admission criteria.

However, other factors, such as educational qualifications, work experience, and English language proficiency, may still be considered during the application process. It is beneficial to check the specific necessities of the selected university for an MBA application.

Do Australian universities offer scholarships for 1-year MBA programs?

Some universities offer scholarships or financial aid options for MBA students, including international students. It’s advisable to check with individual universities for specific scholarship opportunities.

Is pursuing a one-year MBA in Australia worthwhile? 

The decision hinges on your professional goals, targets, economic situations, and academic history. While it involves a commitment of time and resources, it can offer valuable networks, insights, and career development opportunities, especially when aligned with your career ambitions and education at a reputable university.

Are scholarships offered to international students?

Yes, scholarships are available for students with exceptional academic records.

Can I do a one-year MBA in Australia without work experience?

While a few programs may require job experience, there are options for students without prior experience. However, having applicable work experience can enhance your MBA experience and job prospects. For more guided assistance get a no-cost session with one of Nomad Credit’s admission counselors. 

How can I apply for a 1-year MBA program in Australia?

To apply, you typically need to submit an online application directly to the university of your choice. Requirements may include academic transcripts, letters of recommendation, statements of purpose, and application fees.

What is the option for a work permit after post-graduation in Australia?

In Australia, students who have finished their studies can apply for a Post Study Work Permit or a Temporary Graduate visa (subclass 485). This visa replaced the previous Skilled Graduate Visa (subclass 485) and was implemented in March 2013.

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