There are a wide variety of MBA jobs in Australia for international students from finance and marketing to consulting, technology, and more. The National Skills Commission in Australia projected that, by 2025, the growth rate for managers overall would be 6.1% and for specialised managers it would be 10.1%. The popular managerial job roles within the top MBA specialisation in Australia are:
- Financial Analyst
- Marketing Manager
- Human Resources Manager
- IT Manager
- Supply Chain Manager
Australia is home to several world-renowned universities offering prestigious MBA programs. An MBA graduate's starting average annual salary is AUD 105,000 (56.89 lakhs INR). After graduating with an MBA, international students in Australia can stay and find employment using the Post-Study Work Visa.
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Top Paying Universities for MBA Jobs in Australia
The QS Global MBA Rankings 2024 feature the top 5 universities in Australia among the top 100 globally, whose graduates are the most employable. The following table shows the average annual salary for MBA graduates after graduation in Australia.
| QS Global MBA Rankings 2024 | University | Average Annual Salary (AUD) | INR Equivalent |
|---|---|---|---|
| #30 | Melbourne Business School | 185,000 | 1 Cr. |
| #31 | University of New South Wales: Australian Graduate School of Management (AGSM) | 151,000 | 81.82 lakhs |
| #50 | The University of Sydney Business School | 150,000 | 81.28 lakhs |
| #75 | University of Queensland Business School | 225,000 | 1.2 Cr. |
| #84 | Monash University: Monash Business School | 150,000 | 81.28 lakhs |
| #101-110 | MGSM Macquarie Graduate School of Management | 186,000 | 1 Cr. |
| #111-120 | Australian National University (ANU) | 128,000 | 69.36 lakhs |
| #131-140 | University of Western Australia Business School | 180,000 | 97.54 lakhs |
| #201-250 | Deakin University – Deakin Business School | 180,000 | 97.54 lakhs |
| #201-250 | University of Wollongong | 108,800 | 58.95 lakhs |
Top MBA Specialisation in Australia
According to GMAC (Graduate Management Admission Council), the top three popular MBA industries among international students are finance, consulting, and technology.
Here is the highlight of some of the top MBA specialisations available to study in Australia.
- Finance
- Consulting
- Healthcare
- Entrepreneurship
- Human Resource Management
- Marketing
- Supply Chain Management
- Technology Management
Here is an overview of the expected job growth in Australia among popular MBA industries.
| Career Prospect | Job Growth Projection | Average Salary (AUD) |
|---|---|---|
| Business Analytics | 23.2% over next 5 years | 115,000 |
| Digital Marketing | 11.4% over the next decade | 115,000 |
| Technology Management | 17.7% over next 5 years | 140,000 |
Below is the table showcasing an overview of some of the top MBA specialisations in Australia, along with the corresponding job titles associated with each field.
| Top MBA Specialisation | Job Title |
|---|---|
| Finance | Financial Manager, Accounting Manager, Financial Analyst, Chief Financial Officer |
| Consulting | Management Consultant, Senior Associate, Project Manager, Principal Consultant |
| Healthcare | Director of Nursing, Director of Clinical Services, Medical and Health Services Manager, Health Practice Manager |
| Entrepreneurship | Entrepreneur, Business Owner, Startup Founder, Small Business Consultant |
| Human Resource Management | HR Manager, Vice President of HR, Employee Relations Manager, Director of Culture |
| Marketing | Chief Marketing Officer, Vice President of Marketing, Communications and Marketing Manager, Engagement Manager |
| Supply Chain Management | Supply chain manager, Logistics manager, Operations manager, Procurement manager, Warehouse manager, Demand planner |
| Technology Management | IT Manager, Chief Technology Officer, Data Analyst |
Top 10 MBA jobs in Australia for international students
According to Payscale, MBA graduates in Australia earn an average annual salary of AUD 105,000 (56.89 lakhs INR). The table below provides insights into the salary for the top 10 jobs in Australia after an MBA.
| Job Title | Average Annual Salary (AUD) | INR Equivalent |
|---|---|---|
| Marketing Manager | 83,642 | 45.32 lakhs |
| Finance Manager | 103,010 | 55.82 lakhs |
| Business Development Manager | 82,201 | 44.54 lakhs |
| Product Manager | 91,069 | 49.34 lakhs |
| Supply Chain Manager | 102,302 | 55.43 lakhs |
| Management Consultant | 95,150 | 51.56 lakhs |
| Human Resources Manager | 96,689 | 52.39 lakhs |
| Data Analyst | 75,648 | 40.99 lakhs |
| Accounting Manager | 95,237 | 51.60 lakhs |
| Digital Marketing Manager | 85,977 | 46.59 lakhs |
Source: Payscale 2024
Top Recruiters for Jobs After MBA in Australia
Below is the list of the top recruiters for the MBA graduates in Australia along with their average annual salary.
| Recruiters | Salaries (AUD/Year) | Salaries (INR/Year) |
|---|---|---|
| JP Morgan | 101,983 | 55.26 lakhs |
| Macquarie Group | 109,353 | 59.25 lakhs |
| Goldman Sachs | 70,944 | 38.44 lakhs |
| Morgan Stanley | 99,322 | 53.82 lakhs |
| EY | 56,435 | 30.58 lakhs |
| Deloitte | 63,875 | 34.61 lakhs |
| PwC | 80,000 | 43.35 lakhs |
| KPMG | 99,000 | 53.64 lakhs |
| Rio Tinto | 109,448 | 59.30 lakhs |
| Bain & Company | 75,000 | 40.64 lakhs |
Source: Payscale
Work Permit for MBA Jobs in Australia
The Temporary Graduate visa (subclass 485) is the other name for Post-Study Work Visa. This visa is for international students who have recently graduated from an Australian institution. This visa enables you to live, work and study in Australia on a temporary basis. Moreover, you can invite your immediate family members to stay with you.
The period of stay is usually between 2 to 4 years, depending on the level of qualification you have achieved.
How to Find MBA Jobs in Australia
Here are five steps to assist you in finding MBA Jobs in Australia for international students.
Step 1: Research industries in Australia related to the MBA Program.
Step 2: Uncover the qualities and qualifications valued by Australian employers, enabling you to tailor your application effectively.
Step 3: Use the job boards to search for job roles related to MBA, and get insights into salary expectations, job prospects, and the qualifications required for MBA jobs.
Step 4: You can start your job search with these online job portals:
- Indeed
- Seek
- CareerOne
Step 5: Craft a CV in the format accepted by employers in Australia.
Studying MBA in Australia will allow you to enter a highly dynamic world of great job opportunities. Top universities in Australia offer placements to international students with competitive annual salary packages. Ensure your resume and cover letter stand out from other applicants.
FAQs
Ques. Can I get a job in Australia after MBA?
Ans. Yes, you can get a job by listing MBA industries in Australia such as finance, marketing, consulting, health care, information technology, etc. Post Study Work Visa in Australia allows MBA graduates to stay and build their careers in Australia for 2 to 4 years after finishing the MBA program. In addition, networking and work experience during or after study can all help in finding a job in the Australian market.
Ques. How much is MBA salary in Australia?
Ans. The salary of MBA graduates in Australia differs greatly depending on the industry, position, experience, and location. According to Payscale, MBA graduates in Australia earn an average annual salary of AUD 105,000 (56.89 lakhs INR).
Ques. Is Australia good for an MBA?
Ans. Yes, Australia is good for MBA. The QS Global MBA Rankings 2024 feature the top 5 universities in Australia among the top 100 globally, whose graduates are the most employable. After graduating with an MBA, international students in Australia can stay using a post study work visa. Also, Australia offers scholarships to international students to ease their financial burden.
Ques. Is it easy to get a job in Australia as an international student?
Ans. Securing a job in Australia as an international student can be competitive. But you can increase your chances of finding employment opportunities in Australia with the following:
- Networking
- Gaining relevant work experience
- Understanding the local job market
- Using career services
- Obtaining necessary work visas
- Engaging with potential employers
- Participating in internships
Ques. Which career is in demand in Australia?
Ans. In-demand careers in Australia are as follows:
- Marketing Manager
- Finance Manager
- Business Development Manager
- Product Manager
- Supply Chain Manager
- Management Consultant
- Human Resources Manager
Ques. Is MBA in demand in Australia?
Ans. The National Skills Commission in Australia projected that, by 2025, the growth rate for managers overall would be 6.1% and for specialised managers it would be 10.1%. The popular job roles within the top MBA specialisation in Australia are:
- Financial Analyst
- Marketing Manager
- Human Resources Manager
- IT Manager
- Supply Chain Manager
Here is an overview of the expected job growth in Australia among popular MBA industries.
| Career Prospect | Job Growth Projection | Average Salary (AUD) |
|---|---|---|
| Business Analytics | 23.2% over next 5 years | 115,000 |
| Digital Marketing | 11.4% over the next decade | 115,000 |
| Technology Management | 17.7% over next 5 years | 140,000 |
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