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MBA in Australia Fees 2026 — Full Cost Guide for Indian Students

MBA in Australia fees 2026 — tuition at Melbourne Business School, AGSM, Macquarie, RMIT, living costs, and total cost in INR for Indian students.

Updated: 2026-04-01

Quick Answer

Australian MBA programs cost AUD 40,000–100,000 in tuition. A 1–2 year program, combined with the Subclass 485 post-study visa (4–5 years), makes Australia one of the best value-for-money MBA destinations for Indian students seeking work rights.

Key Highlights

  • Melbourne Business School: AUD 97,000 (full-time 1 year) — Australia's highest-ranked MBA
  • AGSM (UNSW Sydney): AUD 95,000 (1.5 years) — strong finance focus, Sydney CBD location
  • Macquarie Business School: AUD 72,000 (1.5 years) — strong corporate access, AACSB accredited
  • Queensland Business School (UQ): AUD 68,000 (1.5 years) — strong in health/mining sectors
  • Monash Business School: AUD 62,000 (1.5 years) — good value, AACSB accredited
  • RMIT Graduate School of Business: AUD 48,000 (1.5 years) — strong tech/design sector
  • Adelaide Business School: AUD 42,000 (1.5 years) — most affordable Group of Eight MBA

MBA Tuition Fees at Top Australian Universities (2025–26)

Program fees at leading Australian MBA programs:

  • Melbourne Business School: AUD 97,000 (full-time 1 year) — Australia's highest-ranked MBA
  • AGSM (UNSW Sydney): AUD 95,000 (1.5 years) — strong finance focus, Sydney CBD location
  • Macquarie Business School: AUD 72,000 (1.5 years) — strong corporate access, AACSB accredited
  • Queensland Business School (UQ): AUD 68,000 (1.5 years) — strong in health/mining sectors
  • Monash Business School: AUD 62,000 (1.5 years) — good value, AACSB accredited
  • RMIT Graduate School of Business: AUD 48,000 (1.5 years) — strong tech/design sector
  • Adelaide Business School: AUD 42,000 (1.5 years) — most affordable Group of Eight MBA

Total MBA Cost in INR — Australia (2026)

Including tuition + living costs at AUD rates (~₹55/AUD):

  • Melbourne Business School: ₹90–1.1 crore total (tuition + Melbourne living 1 year)
  • AGSM Sydney: ₹1.0–1.2 crore total (Sydney is Australia's most expensive city)
  • Macquarie: ₹75–90 lakh total
  • Queensland/UQ: ₹70–85 lakh total (Brisbane lower cost)
  • Monash: ₹65–80 lakh total
  • RMIT: ₹52–65 lakh total — best value for quality
  • Adelaide: ₹50–62 lakh total — Group of Eight at lowest cost

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Written & reviewed by

Rahul SharmaHead of Admissions — USA & Canada Specialist
1,200+ students

Frequently Asked Questions

Comparable for top programs. Melbourne Business School (AUD 97,000) is similar to LBS (£95,000). However, mid-tier Australian MBA programs at AUD 42,000–62,000 are significantly cheaper than equivalent UK programs. The 485 visa duration post-graduation adds significant value.
Yes — Prodigy Finance, HDFC Credila, and Avanse all offer loans for top-ranked Australian MBA programs. Loan amounts: ₹20–60 lakh depending on the school's global ranking.

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