MBA shortened for Master of Business Administration is a prominent preference amongst graduated students. What we often fail to recognize are the specifications under the degree itself, one can do MBA in fields that many are unaware of. The same dilemma is faced with the admission procedure, choosing an appropriate University to study MBA in Australia, the additional expenses especially in the case of International students and so on.
MBA isn’t just constrained to one particular field. One can do MBA in International Business, Hotel Management, Market and Finance, Hospital Management, HR, Agriculture, Accounting, Communication and lot more. The right course is one which you are interested in and not what is generally followed. Market does matter, but as long as you are analyzing and focusing on development on a whole, any field would prove equally beneficial.
Australia has become the prominent study abroad destination among Indian students. On an average you will find that every 5th student in India is planning for overseas education in Australia. The high standard of teachings, the advanced facilities, peerless student exposure, and state-of-the-art lifestyle in Australia makes it as an obvious choice for Master’s students from across the world to study in Australia. Attractive landscapes, blend of cultures, peaceful atmosphere, great weather, and multi-coloured cities, further enhances the base of studying in Australia.
Benefits of studying Masters in Australia:
The general criteria for application in Australian universities are mentioned below:
Masters of Business Administration (MBA)
Duration: 1 year to 2 years
Average tuition fee: 40,000 USD per year
Top Universities you can look for:
On successful completion of Masters of Business Administration (MBA), graduates can get job in the following fields:
Master of Engineering
Duration: 1.5 years to 2 years
Average tuition fee: AUD 26,000-38,000 per year
Top Universities you can look for:
After completion of Master of engineering, graduates can get job in the following fields:
Australia is a hot spot for students who wish to study abroad (australia university). Australia sees the highest number of International students every year from China and India (admission in australia for international students). Australia provides various options for education, MBA being one such option. Australia is known for its high standard living, diverse nature, and of course all the wine and Kangaroos.
There are scholarships in Australia and fee waivers available based on merit and parameters set differently by different Institutions. Student loans are available on an easy ground now in order to pursue such courses.
MBA courses are generally two-years long program, however, there are accelerated MBA programs (which lasts up to 12-18 months), as well as part-time MBAs (up to 3 years) which is a common option for working individuals.as well as short-time MBAs (one year mba programs in australia) which is a common option for working individuals.
There are many specialisations offered within the MBA, ranging from international management and Chinese language to engineering management and health services management. Specialist programs allow students to focus on their professional area while learning the fundamentals of business and management. Check with your preferred institution to see which specialisations are offered. You may also be able to study an MBA in combination with another masters program (masters in australia).
Generally, universities in Australia require undergraduate degrees and a period of relevant work experience of at least two years. Requirements and prerequisites may be more rigorous, and vary drastically depending on the institution. Requirements may include a satisfactory performance on the GMAT, excellent grades in your undergraduate degree, outstanding references and proven and demonstrated skills to fit in the MBA program.
There are situations where students could be admitted into an MBA program without having obtained an undergraduate degree. This only applies when applicants will have several years of relevant and outstanding management experience. It is common as well that students are required to take a Graduate Certificate in Business Administration first, followed by the relevant Diploma and subsequently leading to an MBA, depending on grades achieved.
Typical MBA programs will contain some, or all, of these fundamental subjects: Economics, Finance, Accounting, Statistics, Operations, Marketing, Organisational Behavior, Quantitative Methods and Business Strategy. To allow students to specialize in a certain field to enhance their professional careers, many MBA programs will also offer a broad range of electives. Included in new specializations are for example Internet Marketing and E-Commerce. Other fields of professional concentrations are International Marketing, Human Resource Management, and Public Sector Management.
Nowadays many MBA programs are including a number of subjects that will develop management skills in so-called “soft areas” such as leadership, team-building and negotiation techniques. This is a reaction to the “old school” perception that a lot of MBA graduates used to be only strong in “hard” disciplines, like quantitative techniques. One of the essential aspects of a good MBA program is that it will equip students with a solid foundation to manage businesses in an effective way. A good MBA program provides tools, techniques, and skills required to become a leader. An MBA program will demonstrate how various disciplines are related, and how they work across all organizations, businesses, and industries.
MBA graduates are highly valued and sought-after by many employers and business leaders all over the world. One of the reasons may be that students, by taking an MBA, are showing and demonstrating their intellectual capacities. For employers also counts that their determination to complete a demanding study schedule demonstrates their well-developed mentalities.