MIM in Australia - Colleges, Fees, Requirements

Masters in Management in Australia provides foundation training in a variety of business and management disciplines and specialist training in marketing. This course enables students to develop, implement and control marketing programs, and work closely with managers in other functional areas.

After the USA and the UK Australia is the most popular destination for higher education. Australia offers a great job market for fresh graduates and a better salary. You get to stay up to 2-4 years post-study in Australia to seek work. The average salary for the MIM graduate in Australia is AUD$85,000 per year. Let us check the important details to study MIM in Australia such as academic requirements, top colleges, tuition fees, etc. 

Highlights for MIM in Australia

Factors	Particulars/Statistics
Total no. of MIM (Masters in Information Management) Colleges in Australia	Approximately 55 Colleges
MIM (Master in Management) Cost in Australia	Tuition Fee: AUD$33,000 – AUD$50,000 per year Living Cost: AUD$11,000 – AUD$22,000 per year
Top Specializations	Accounting, Finance, Marketing, Human Resource
Exams Required	IELTS/TOEFL, GMAT

Top 10 MIM (Masters in Management) Colleges in Australia

The overall world university ranking for subject – business and management as per QS World University Ranking 2023 are as follows:

Universities	QS Ranking (Business) 2023
The University of Melbourne	#37
The University of New South Wales	#42
The University of Sydney	#61
Monash University	#54
The University of Queensland	#85
The Australian National University	#97
University of Technology Sydney	#142
The University of Western Australia	151-200
Deakin University	151-200
Griffith University	201-250

Popular MIM (Masters in Management) Specializations for Australia

Australian universities offer a diverse range of specializations in the field of management. Australian universities are renowned and acknowledged worldwide for their management courses. Some of the popular specializations to study MIM in Australia are as follows:

• Finance
• Marketing
• Human Resource
• Accounting
• Business

MIM (Masters in Management) Cost/Fee in Australia

The tuition fee for MIM in Australia depends upon the university you choose and the specialization you take. Meanwhile, the living cost depends upon your lifestyle and the type of accommodation you choose. Yet we provide an expected figure for tuition fees and living costs in Australia.

• Tuition Fee: On average, the tuition fee for MIM in Australia can be expected to be in the range of AUD$33,000 – AUD$50,000 per academic year.
• Living Cost: The living cost on average can be expected to be in the range of AUD$11,000 – AUD$22,000 per year.

Student Visa Cost

Students are required to have a student visa (subclass 500) and the base application charge for this visa is AUD$630. This visa allows students to work part-time in Australia. For more information on a student visa for Australia visit our website.

MIM (Masters in Management) Requirements for Australia

The academic requirements to study MIM from Australian Universities are given as follows: 

• IELTS/TOEFL
• Bachelor’s Degree
• GMAT
• Statement of Purpose (SOP)
• Interview
• Letter of Recommendations (LOR)

Work Permit post MIM (Masters in Management) in Australia

If you wish to work in Australia post your course, you require a “Temporary Graduate visa (subclass 485)”. This visa allows international students to live, and work in Australia.

The cost of a visa for this type of visa is AUD$1680. This visa allows you to stay in Australia for 2-4 years. For more information about the work permit in Australia please visit our website.

MIM (Masters in Management) Scholarships for Australia

The Australian government has invested more than AUD$300 million in scholarships for international students. Scholarships are available at the university level as well. For more information about scholarships for Australia, please visit our website.

MIM (Masters in Management) Jobs and Salaries for Australia (ROI)

The average salary in Australia for fresh graduates in the management field is AUD$85,000 per year. Australian universities put great emphasis on making a student industry-ready.

Jobs	Average Salary
Project Manager	AUD 95,073
Marketing Coordinator	AUD 57,476
HR Manager	AUD 93,508
Project Engineer	AUD 82,441
Accountant	AUD 69,767

Aishwarya Bhatnagar11-03-2023 00:23