MBA Scholarships in Australia 2026 — Funding for Indian Students
MBA scholarships in Australia 2026 — school scholarships, Australia Awards, merit funding, and how Indian students can access MBA scholarships.
Updated: 2026-04-01
Quick Answer
Australian MBA scholarships come from school-specific merit awards, the Australian government's Australia Awards program, and external foundations. Combined, they can reduce MBA costs by 10–50%, making top Australian programs significantly more affordable.
Key Highlights
- Australia Awards Scholarships: Full tuition + living allowance for students from developing countries; covers MBA programs at eligible Australian universities; apply via DFAT
- Endeavour Leadership Awards: Formerly offered for postgraduate study; check current status at studyaustralia.gov.au
- Research Training Program (RTP): For research-based degrees; not applicable to professional MBA programs
- Defence Global Mobility Scheme: For qualifying defence professionals (rare for Indian civilians)
- State Government Scholarships: NSW, Victoria, and Queensland governments occasionally fund international MBA students through specific industry partnerships
Australian Government MBA Scholarships for Indians
Government-funded scholarships for Indian MBA students in Australia:
- Australia Awards Scholarships: Full tuition + living allowance for students from developing countries; covers MBA programs at eligible Australian universities; apply via DFAT
- Endeavour Leadership Awards: Formerly offered for postgraduate study; check current status at studyaustralia.gov.au
- Research Training Program (RTP): For research-based degrees; not applicable to professional MBA programs
- Defence Global Mobility Scheme: For qualifying defence professionals (rare for Indian civilians)
- State Government Scholarships: NSW, Victoria, and Queensland governments occasionally fund international MBA students through specific industry partnerships
School-Specific MBA Scholarships — Australia
Direct scholarship funding from leading Australian business schools:
- Melbourne Business School: MBS Global Diversity Scholarship (AUD 10,000–30,000); Women in Business Award
- AGSM UNSW: AGSM Merit Scholarship (AUD 8,000–25,000); UNSW Global Ambassador Scholarship
- Macquarie Business School: Vice-Chancellor's International Scholarship (AUD 10,000 reduction)
- Queensland Business School: UQ International Excellence Award (AUD 5,000–10,000)
- Monash Business School: Monash International Merit Scholarship (AUD 8,000–25,000 across 1.5 years)
- Bond University: Most generous scholarship pool relative to class size — up to 25% tuition off
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Written & reviewed by
Rahul SharmaHead of Admissions — USA & Canada Specialist
Frequently Asked Questions
Yes — Australia Awards are available for students from India. MBA programs at eligible universities are included. Apply 12–18 months in advance through the DFAT portal. Competition is high — focus on development impact narrative in your application.
Most school scholarships are automatically assessed from your MBA application. Australia Awards require a separate application. Submit your MBA application early in the intake cycle to maximise scholarship probability.
Full Guide
MBA in Australia — Complete Guide
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