Checkout the Masters in International Business in Australia....
Mar 24, 2025 11:13:47
Globally ranked universities (University of Melbourne, UNSW, Monash, University of Sydney).
Strong industry connections and internship opportunities.
Multicultural environment and globally recognized degrees.
Post-study work visa opportunities (485 visa for 2-4 years).
Exposure to Asia-Pacific business markets.
University |
Program Name |
Duration |
QS World Rank (2024) |
|---|---|---|---|
|
University of Melbourne |
Master of International Business |
2 years |
14 |
|
Monash University |
Master of International Business |
1.5 - 2 years |
42 |
|
University of Sydney |
Master of International Business |
1.5 years |
19 |
|
UNSW Sydney |
Master of International Business |
1.7 years |
19 |
|
Queensland University (UQ) |
Master of Global Management |
1.5 years |
43 |
|
RMIT University |
Master of International Business |
2 years |
Top 150 (subject) |
Bachelor’s degree in business or a related field.
English proficiency (IELTS 6.5/ TOEFL iBT 79-90).
Statement of Purpose (SOP).
Letters of Recommendation.
Resume (if required).
Some universities may consider work experience.
AUD 35,000 to AUD 55,000 (varies by university).
Australia Awards Scholarships
Destination Australia Scholarship
University-specific scholarships (Melbourne International Scholarships, Monash International Merit Scholarship, UNSW International Scholarship, etc.)
Average starting salary: AUD 65,000 to AUD 90,000
Popular career roles: International Marketing Manager, Global Operations Manager, Business Development Manager, Trade Consultant, Import/Export Manager, and Global Strategy Consultant.
Program: Master of International Business
Duration: 2 years
Entry Requirements: Bachelor's degree (preferably business-related), IELTS 7.0
Tuition Fees: Approx. AUD 50,000 per year
Intake: February, July
Program: Master of International Business
Duration: 1.5 to 2 years
Entry Requirements: Recognized undergraduate degree, IELTS 6.5
Tuition Fees: Approx. AUD 47,000 per year
Intake: February, July
Program: Master of International Business
Duration: 1.5 years
Entry Requirements: Bachelor's degree with a credit average, IELTS 7.0
Tuition Fees: Approx. AUD 54,000 per year
Intake: February, August
Program: Master of International Business
Duration: 1.7 years (full-time)
Entry Requirements: Bachelor’s degree with minimum 65%, IELTS 7.0
Tuition Fees: Approx. AUD 51,000 per year
Intake: February, September
Program: Master of Global Management (International Business focus)
Duration: 1.5 years
Entry Requirements: Bachelor’s degree in business or related field, IELTS 6.5
Tuition Fees: Approx. AUD 46,000 per year
Intake: February, July
Program: Master of International Business
Duration: 2 years
Entry Requirements: Bachelor’s degree, IELTS 6.5
Tuition Fees: Approx. AUD 41,000 per year
Intake: February, July
Program: Master of International Business
Duration: 1.5 years
Entry Requirements: Bachelor’s degree, IELTS 6.5
Tuition Fees: Approx. AUD 40,000 per year
Intake: March, July, November
Program: Master of International Business
Duration: 2 years
Entry Requirements: Bachelor’s degree, IELTS 6.5
Tuition Fees: Approx. AUD 42,000 per year
Intake: February, July
A bachelor’s degree (usually in business, commerce, management, or related fields).
Some universities may accept degrees from other disciplines with additional prerequisites.
Minimum GPA requirements (varies between universities, generally 60% – 70%).
IELTS: Minimum overall score of 6.5 – 7.0 (with no band less than 6.0 or 6.5 depending on the university).
TOEFL iBT: Score between 79 – 100.
PTE Academic: Score between 58 – 65.
Not mandatory for most universities, but some prefer applicants with 1-2 years of relevant experience or internships.
Executive or specialized programs may require professional experience.
Generally not required for Master of International Business in Australia.
However, strong academic and professional backgrounds are highly considered.
A clear and well-written SOP outlining:
Academic background
Career goals
Reasons for choosing international business and Australia
Why that particular university
1–2 academic or professional references are often required.
A current resume highlighting academic achievements, internships, professional experience, extracurriculars, and leadership skills.
Some universities may conduct interviews.
Portfolio or writing samples are not required for international business courses.
University |
Program Name |
Course Duration |
|---|---|---|
|
University of Melbourne |
Master of International Business |
2 years (full-time) |
|
Monash University |
Master of International Business |
1.5 to 2 years (full-time) |
|
University of Sydney |
Master of International Business |
1.5 years (full-time) |
|
UNSW Sydney |
Master of International Business |
1.7 years (full-time) |
|
Queensland University (UQ) |
Master of Global Management (International Business focus) |
1.5 years (full-time) |
|
RMIT University |
Master of International Business |
2 years (full-time) |
|
Deakin University |
Master of International Business |
1.5 to 2 years (full-time) |
|
Macquarie University |
Master of International Business |
2 years (full-time) |
Students with prior business education might receive advanced standing or credit, reducing the course to 1.5 years.
Students from non-business backgrounds usually complete the full 2 years with additional foundational units.
Program: Master of International Business (Online)
Duration: 2 years (part-time option available)
Delivery Mode: 100% online
Key Features:
Flexible learning
Industry connections and virtual internships
Start Dates: Multiple intakes throughout the year
Program: Master of International Business (Online)
Duration: 16 months (accelerated online option)
Delivery Mode: Fully online
Intake: 6 start dates per year (every 2 months)
Key Features:
Study one unit at a time for better work-life balance
Practical case-study approach
Program: Master of Global Project Management (International Business specialization available)
Duration: 1.5 years (full-time)
Delivery Mode: Fully online or hybrid
Intake: Multiple intakes per year
Key Features:
Career-focused learning
Industry-aligned curriculum
Program: Master of Business (International Specialization) – Online
Duration: 1.5 to 2 years (flexible online study)
Delivery Mode: 100% online
Key Features:
Access to Deakin’s Cloud Campus
Live webinars and recorded lectures
Bachelor's degree (preferably in business or related field)
IELTS score (if English proficiency is required) – minimum 6.5
Professional experience can strengthen your application but is not always mandatory
Flexibility to balance study with work
Opportunity to study from your home country or remotely
Access to Australian university credentials recognized globally
Opportunity to apply for post-study work visas if you later complete part of the program on-campus
Intake |
Months |
Application Deadlines (Typical) |
|---|---|---|
|
Semester 1 |
February – March |
August to December (previous year), early deadline: September-October |
|
Semester 2 |
July – August |
February to May (same year), early deadline: March-April |
University |
Intakes |
Typical Application Deadline |
|---|---|---|
|
University of Melbourne |
February, July |
October (for Feb intake), April (for July intake) |
|
Monash University |
February, July |
October (for Feb), April (for July) |
|
University of Sydney |
February, August |
October (for Feb), May (for August) |
|
UNSW Sydney |
February, September |
November (for Feb), May (for Sept) |
|
Queensland University (UQ) |
February, July |
October (for Feb), May (for July) |
|
RMIT University |
February, July |
November (for Feb), May (for July) |
|
Deakin University |
March, July, November (Trimester system) |
2–3 months before intake (rolling deadlines) |
|
Macquarie University |
February, July |
November (for Feb), May (for July) |
University |
Program Name |
Duration |
Annual Tuition Fees (Approx.) |
Total Program Cost (Approx.) |
|---|---|---|---|---|
|
University of Melbourne |
Master of International Business |
2 years |
AUD 50,000 – 52,000 |
AUD 100,000 – 104,000 |
|
Monash University |
Master of International Business |
1.5 to 2 years |
AUD 47,000 – 49,000 |
AUD 70,000 – 98,000 |
|
University of Sydney |
Master of International Business |
1.5 years |
AUD 54,000 – 55,000 |
AUD 81,000 – 82,500 |
|
UNSW Sydney |
Master of International Business |
1.7 years |
AUD 51,000 – 53,000 |
AUD 86,000 – 90,000 |
|
Queensland University (UQ) |
Master of Global Management (Int. Business focus) |
1.5 years |
AUD 46,000 – 48,000 |
AUD 69,000 – 72,000 |
|
RMIT University |
Master of International Business |
2 years |
AUD 41,000 – 43,000 |
AUD 82,000 – 86,000 |
|
Deakin University |
Master of International Business |
1.5 to 2 years |
AUD 40,000 – 42,000 |
AUD 60,000 – 84,000 |
|
Macquarie University |
Master of International Business |
2 years |
AUD 42,000 – 44,000 |
AUD 84,000 – 88,000 |
|
Griffith University |
Master of International Business |
1.5 to 2 years |
AUD 36,500 – 39,000 |
AUD 55,000 – 78,000 |
Student Services & Amenities Fee (SSAF): AUD 300–350 per year
Overseas Student Health Cover (OSHC): AUD 500–700 per year
Living expenses (as per visa requirement): Approx. AUD 24,500 per year
Australia Awards Scholarships
University-specific international scholarships (merit-based and automatic consideration in some cases)
Destination Australia Scholarships
Research-based grants (for students pursuing dissertation-based programs)
University Tier |
Tuition Fees (Approx.) |
|---|---|
|
Top-tier universities (Melbourne, Sydney, UNSW) |
AUD 80,000 – 105,000 (for the full program) |
|
Mid-tier universities (Monash, UQ, RMIT) |
AUD 70,000 – 90,000 (for the full program) |
|
Affordable universities (Deakin, Griffith, Macquarie) |
AUD 55,000 – 78,000 (for the full program) |
Approx. AUD 24,500 per year (includes rent, food, utilities, transport)
For a 2-year course, estimated living cost = AUD 49,000
Mandatory for international students
Approx. AUD 500 – 700 per year
Total for 2 years: AUD 1,000 – 1,400
Approx. AUD 300 – 350 per year
Total for 2 years: AUD 600 – 700
AUD 710 (as of 2024)
Cost Component |
Estimated Cost |
|---|---|
|
Tuition Fees |
AUD 70,000 – 105,000 |
|
Living Expenses |
AUD 49,000 |
|
OSHC |
AUD 1,000 – 1,400 |
|
SSAF |
AUD 600 – 700 |
|
Visa Fees |
AUD 710 |
|
Total (approx.) |
AUD 121,000 – 156,000 for 2 years |
Flight tickets: AUD 1,500 – 2,500 (one way)
Laptop/books/supplies: AUD 1,000 – 1,500
Personal travel & leisure: Variable
Apply for merit-based scholarships
Consider universities in more affordable cities (Adelaide, Gold Coast, or Perth instead of Sydney/Melbourne)
On-campus jobs and part-time work (up to 48 hours per fortnight allowed on a student visa)
Check course structure, tuition fees, location, and eligibility.
Shortlist 3–5 universities that match your profile and budget.
A recognized Bachelor’s degree (preferably in business or related field).
English proficiency test:
IELTS (6.5–7.0 overall), TOEFL iBT (79–100), or PTE Academic (58–65).
Some universities may require work experience (optional).
Academic transcripts and degree certificates (certified copies).
Valid English proficiency test scores.
Statement of Purpose (SOP) explaining career goals and reasons for choosing the course.
Letters of Recommendation (LORs) from academic/professional referees (usually 1-2).
Resume/CV highlighting your academic achievements and any relevant work experience.
Passport copy.
Portfolio (if asked, rarely required for business programs).
Submit your application through the university’s official application portal or through authorized education agents.
Pay the application fee (usually AUD 100–150, varies by university).
Double-check document uploads and form completeness.
If accepted, you will receive either:
Unconditional Offer Letter (if all conditions are met)
Conditional Offer Letter (if any document or requirement is pending)
Accept the offer by signing the acceptance form and paying the initial deposit (part of your tuition fee).
The university will issue a CoE, which is required to apply for an Australian student visa.
Apply online through the Australian immigration website.
Submit your CoE, financial documents, health insurance (OSHC), and visa application fee.
Health check-up and biometrics may be required.
Book accommodation, flights, and get pre-departure orientation (many universities offer it).
Arrive before the orientation week starts.
Step |
Ideal Timeframe |
|---|---|
|
Research & shortlisting |
9–10 months before intake |
|
Prepare documents & take tests |
8–9 months before intake |
|
Application submission |
6–8 months before intake |
|
Receive offer & accept |
4–6 months before intake |
|
Visa application |
3–4 months before intake |
|
Pre-departure arrangements |
1–2 months before intake |
Offered by: Australian Government
Coverage: Full tuition fees, living expenses, air travel, and health cover
Eligibility: Citizens of eligible countries; based on academic merit and leadership potential
Application Period: February to April each year
Offered by: Australian Government (for regional universities)
Value: AUD 15,000 per year
Eligibility: International students studying at regional campus locations
Universities: Offered by multiple universities like University of Southern Queensland, Deakin (regional campuses), Federation University, etc.
University |
Scholarship Name |
Value |
Criteria |
|---|---|---|---|
|
University of Melbourne |
Melbourne Graduate Scholarship |
25% – 50% tuition fee remission |
Automatic consideration based on merit |
|
Monash University |
Monash International Merit Scholarship |
AUD 10,000 per year |
Academic excellence & SOP required |
|
University of Sydney |
Sydney International Scholarship |
Up to AUD 40,000 (one-time) |
Academic performance + personal statement |
|
UNSW Sydney |
UNSW International Scholarships |
AUD 5,000 – 10,000 per year or full tuition |
Academic merit, diversity contribution |
|
RMIT University |
International Excellence Scholarship |
25% tuition fee discount |
Based on academic merit |
|
Deakin University |
Deakin Vice-Chancellor’s International Scholarship |
50% to 100% tuition waiver |
High academic achievers + references |
|
Macquarie University |
Macquarie Vice-Chancellor's International Scholarship |
AUD 10,000 tuition reduction |
Academic merit & leadership qualities |
|
Griffith University |
Griffith Remarkable Scholarship |
50% of tuition fees |
Strong academic performance |
Applicable if the Master’s program includes a thesis/research component.
Covers tuition + stipend for living expenses.
Highly competitive and research-focused.
The Australia Foundation Scholarships
Rotary International Scholarships (for leadership and global development students)
Education Future International Scholarships (merit-based, for Indian students and other nationalities)
Maintain a strong academic record (GPA > 70% recommended).
Submit a well-crafted SOP showcasing career goals and how the scholarship will make a difference.
Provide strong Letters of Recommendation (LORs) from academic and/or professional referees.
Apply as early as possible (several scholarships close 4–6 months before the intake).
Job Role |
Average Salary (AUD) |
|---|---|
|
International Business Development Manager |
AUD 90,000 – 130,000 per year |
|
Global Marketing Manager |
AUD 85,000 – 120,000 per year |
|
International Trade Consultant |
AUD 70,000 – 110,000 per year |
|
Export/Import Manager |
AUD 75,000 – 100,000 per year |
|
International Strategy Consultant |
AUD 95,000 – 140,000 per year |
|
Operations Manager (Global Projects) |
AUD 80,000 – 120,000 per year |
|
Supply Chain Manager (International Focus) |
AUD 90,000 – 125,000 per year |
|
Country Manager (Australia/Asia Pacific) |
AUD 120,000 – 180,000 per year |
|
Foreign Investment Advisor |
AUD 80,000 – 115,000 per year |
Global Trade & Export-Import Companies
International Marketing Agencies
Consulting Firms (Deloitte, PwC, EY, KPMG)
Logistics & Supply Chain Management Companies
Banking & Financial Services (Global Transactions, Trade Finance)
International NGOs and Development Agencies
Government Departments (Trade & Foreign Affairs)
Multinational Corporations (MNCs) with global operations
Graduates can apply for Post-Study Work Visa (Subclass 485).
Duration: 2–4 years, depending on the degree level and regional study location.
This visa allows international students to work full-time in Australia after graduation and gain valuable international work experience.
Cross-cultural communication
Global supply chain management
Digital marketing and international branding
Data analytics for business decisions
International finance and risk management
Global leadership and project management
Pathways to Permanent Residency (PR) through the General Skilled Migration (GSM) program, particularly in managerial roles and skilled occupations.
Many graduates transition into senior leadership roles across Asia-Pacific markets after 5–7 years of experience.
