10 Best Business Schools in Australia 2023

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Business degrees and MBAs are among the most common programs offered by institution and universities, and with growth in the job market of many business sectors, many would argue that studying the right school would be an investment in your future. There are many things to consider in choosing a good business school, but here are the main reason why Australian Business programs are highly sought after

Why employers around the globe prefer Australian Graduates?

Australia is the most popular study destination in the Asia Pacific, ahead of Singapore, Hong Kong and Malaysia. Indeed, the business schools in Australia are on the radar of the world most prominent University ranking system such as QS and Times Higher Education were in 2023, more than 7 universities were ranked in the top 100 of QS ranking system. Attracted employers all over the world recognise degrees and MBAs from Australian schools. Graduates from Australian schools are highly sought after due to the impressive reputation of the Australian education system. This system is carefully regulated by the Australian government in order to maintain the high standards of education associated with the country.

Bachelor of Business / Master of Business Administration in Australia

Bachelor of Business/Bachelor of Commerce is a 3 years degree with an aim to develop a fundamental understanding of business, as well as offer great flexibility with opportunities to select from a variety of majors to give you the skills and knowledge to embark in the business world or gain employment in your chosen career. While postgraduate degree or Master Business Administration (MBA) program usually consist of 1 year up to 2 years depending on the academic cohort of the university.

Best Business Schools in Australia 2023

#1 University of Western Sydney

Western Sydney University is a university with campuses across Sydney, housing 45,000 students from over 170 different nations. Being based in or around the city of Sydney means that students are able to explore one of the most popular cities in the world, and with over 150 student societies to get involved with on campus, there are lots to do for students outside of classroom at Western Sydney University.

Program Name

2023 Indicative annual fee 

Bachelor of Commerce (Accounting, Marketing etc) 

AUD$91,224

Master of Business Administration (2 years) 

AUD$66,704

#2 IMC (Top Education Institute)

Top Education Institute was founded in 2001 at Australian Technology Park, Sydney. It offers the Diploma and Bachelor in Business and deals with subjects like accounting, information systems, management and marketing. They also offer Bachelor of International Business with majors in General or Accounting, Master of Professional Accounting and the Master of Professional Accounting, Master of International Business and pathway to University of New England. In addition, they are approved providers of the Skilled Migration Internship Program, particularly in Accounting.

Program Name

2023 Indicative total fee 

Bachelor of International Business (General or Accounting) 

AUD$63,000

Master of Business Administration (2 years) 

AUD$35,880

#3 Kaplan Business School

School started in Brooklyn back in 1983. Today, Kaplan has made its way to become an international brand in education, offering recognised business programs all around the globe. In Australia, Kaplan has grown to a four-campus network in Adelaide, Brisbane, Melbourne and Sydney. The school offers three intakes a year mainly Mar, July and November. Kaplan is favoured by our student due to the affordable fees and practical study module that enhance the employability of the student.

Program Name

2023 Indicative total fee 

Bachelor of Business (Accounting, Marketing etc)

AUD$58,800

Master of Business Administration 

AUD$50,400

#4 International College of Management, Sydney (ICMS)

The International College of Management, Sydney (ICMS) is an award-winning higher education institution offering Degree, Postgraduate and Diploma programs. Courses at ICMS are built on the strong belief that learning should combine practical work and a strong theoretical foundation and all undergraduate courses include up to 9 months of industry training. The college is proud to take pride in their quality education where almost 90% of graduates are employed in their field before graduation.

Program Name

2023 Indicative total fee 

Bachelor of Business Management

AUD$97,500

Master of International Business (2 years) 

AUD$43,200

#5 University of New South Wales 

The Australian Graduate School of Management (AGSM) is a postgraduate management and business school that is part of the UNSW Business School in Australia. The School offers general management, executive and leadership development programs. For many years the school’s MBA program has been ranked by the Financial Times as the best in Australia. Despite being the second best business school in Australia behind Melbourne Business School. The school remains a member of Asia-Pacific’s top 10 in this year’s regional MBA rankings.

Program Name

2023 Indicative annual fee 

Bachelor of Commerce (Accounting, Marketing etc) Enquire Now

AUD$142,175

Master of Business Administration (16 months) Enquire Now

AUD$82,160

 

#6 Monash University 

Melbourne’s Monash Business School at Monash University is the only institution on this list to hold the much-coveted ‘triple crown’ in accreditation, by dint of the fact that only two business schools in Australia currently hold AMBA accreditation – where criteria for a school’s MBA students to hold at least three years of prior work experience even rules out many of the big hitters in the US.

The Monash MBA program is most often completed over two years – a structure that has been designed to allow students the option to combine working with studying.

Program Name

2023 Indicative total fee 

Bachelor of Commerce (Accounting, Marketing etc) 

AUD$145,236

Master of Business Administration

AUD$77,000

 

#7 RMIT University 

RMIT University’s Graduate School of Business and Law is part of the RMIT (Royal Melbourne Institute of Technology). The MBA program is usually completed in 1.5 to 2 years, although there is a possibility to progress more quickly should you wish to be granted ‘advanced standing’. There’s also an option to study in Ho Chi Minh City at RMIT Vietnam.

Program Name

2023 Indicative total fee 

Bachelor of Business (Accounting, Marketing etc) 

AU$161,280

Master of Business Administration

AU$74,880

 

#8 University of Technology, Sydney 

The University of Technology Sydney (UTS) is a public research university located in Sydney, Australia. The university was founded in its current form in 1988. As of 2018, UTS enrolls 45,930 students, including 33,070 undergraduate and 12,860 postgraduate students through its 9 faculties and schools. The university is regarded as one of the world’s leading young universities (under 50 years old), ranked 1st in Australia and 10th in the world by the 2019 QS World University Rankings.

Program Name

2023 Indicative total fee 

Bachelor of Business (Accounting, Marketing etc) 

AUD$128,448

Master of Business Administration (2 years) 

AUD$91,584

 

#9 Curtin University 

Curtin University is an Australian public research university based in Bentley and Perth, Western Australia. It is named after the 14th Prime Minister of Australia, John Curtin, and is the largest university in Western Australia. The university has been expanding its presence and has campuses in Singapore, Malaysia, Dubai and Mauritius. It has ties with 90 exchange universities in 20 countries. The University comprises five main faculties with over 95 specialists centres.

Program Name

2023 Indicative total fee 

Bachelor of Commerce (Accounting, Marketing etc)

AUD$90,600

Master of Business Administration

AUD$66,400

 

#10 Melbourne Business School by Melbourne University 

Melbourne Business School (MBS) is a graduate business school of the University of Melbourne in Australia. The School offers an MBA, specialist Masters, doctoral, and executive education programs. MBS began teaching in 1955 when the University of Melbourne offered Australia’s first residential executive education program in the summer of that year. Its first Master of Business Administration (MBA) degree was awarded in 1965, which was also the first MBA degree awarded in Australia. MBS was ranked number 3 globally for marketing program in 2017.

Program Name

2023 Indicative total fee 

Bachelor of Commerce (Accounting, Marketing etc) 

AUD$143,112

Master of Business Administration

AUD$94,824

Scholarship and Financial Aid

A) Financial Aid (Superannuation Early withdrawal Scheme) – Malaysian only

Do you know that you or your parent could request early superannuation withdrawal for your education need? According to KWSP website, anyone can withdraw up to 100% from their secondary superannuation account to pay for university fee providing they received an unconditional offer from one of the qualified universities, If you would like to know more about the detail, kindly submit your request to us.

B) International Scholarship for International student in Australia

Most of the Universities offer scholarships to cover parts of the course fees. Some scholarships can be easily available to international students as long as they have met a certain CGPA in their past academic. To help students to achieve the dream of studying abroad, other financial options are available as well, such as KWSP early withdrawal scheme for education, PTPTN loan and mortgage refinance. Click here to discover the latest scholarship offer to study in Australia or show us your result during the education session.

Contact us to find out more

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About Post Author
Michelle Phan
Michelle is a freelance content writer graduated from Curtin University with a degree in Communication (Commercial writing). Michelle loves to travel and enjoys walking on the beach. Michelle also feeds on psychology quote and will give away just about anything to cuddle with furry felines.
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