Bachelor of Business in Australia typically takes 3 years to complete and is divided into two parts: the core business component and the elective component. The minimum admission requirements for Bachelor in Business in Australia is to complete secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC) and IELTS score of 6.5 or above or a TOEFL score of 90+.
The total average tuition fees for studying Bachelor of Business in Australia at the top Australian universities one should be prepared to pay an amount of 135,000 AUD to 150,000 AUD (75-83 Lakh INR) and 20,000 AUD to 30,000 AUD (11-16 Lakh INR) per year for living expenses. Graduates can expect to earn an average salary of 60,000 AUD to 80,000 AUD (33-44 Lakh INR) per year and have a range of career options in fields such as accounting, marketing, finance, human resources, and international business.
Bachelor of Business in Australia: Course Highlights
| Program | Bachelor of Business |
| Program Type | Full-time |
| Program Duration | 3-4 Years |
| Eligibility Criteria | Completion of secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC) |
| English Proficiency Requirements | IELTS: 6.5 or above | TOEFL: 90+ |
| Tuition Fee Range | 135,000 AUD- 150,000 AUD (75-83 Lakh INR) |
| Average Salary | 60,000 AUD to 80,000 AUD (33-44 Lakh INR) |
| Top Employers | KPMG, Qantas, Reserve Bank of Australia, PwC, Ernst & Young |
Bachelor of Business in Australia: Top Universities
The Bachelor of Business in Australia is one of the most popular undergraduate programs in Australia. The Bachelor of Business degree is offered by many universities across Australia, with some of the most popular universities including:.
| University | Program | Deadlines | Total Tuition Fees (AUD) |
|---|---|---|---|
| Australian National University | Bachelor of Business Administration | 1 May 2023 | 140,040 |
| University of Melbourne | Bachelor of Commerce (Business) | 31 May 2023 | 150,416 |
| The University of New South Wales | Bachelor of Commerce | 5 May 2023 | 138,955 |
| University of Sydney | Bachelor of Commerce (Business) | 25 June 2023 | 148,500 |
| University of Queensland | Bachelor of Business Management | 31 May 2023 | 138,864 |
Why study Bachelor of Business in Australia?
- In trend terms, in December 2022: unemployment rate remained at 3.5% in Australia and the participation rate remained at 66.7%.
- Australian universities are renowned for their excellent study and educational offerings. Eight Australian institutions are listed among the top 100 universities worldwide for business and management studies in the QS World University Rankings 2023.
- Students who earn a bachelor's degree in business are given access to a broad range of knowledge and skills that are highly sought after by companies in Australia and around the world. The employment in business and finance positions is predicted to increase by 9.3% between 2019 and 2024, with an estimated 61,600 new jobs expected to be created in this field, according to the Australian Government's Job Outlook website.
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Graduates of Bachelor of Business in Australia can expect to earn an average salary of 60,000 AUD to 80,000 AUD (33-44 Lakh INR) per year and work with top recruiters such as KPMG, Qantas, Reserve Bank of Australia, PwC, Ernst & Young.
Explore: Best Student Cities in Australia
Bachelor of Business in Australia: Admission
The minimum academic entry requirements for Bachelor of Business in Australia is the minimum English language proficiency requirements, and the secondary education (or similar) completion requirements which may differ by institution in Australia for admission to the Bachelor of Business degree program, such as a minimum ATAR score or equivalent). As part of the application process, some colleges may also ask applicants to submit a personal statement or appear for an interview. The following section discusses the admission requirements for top universities offering Bachelor of Business in Australia.
Bachelor of Business in Australia: Eligibility Criteria
The following are some of the common admission requirements set by top universities offering Bachelor of Business in Australia which includes academic requirements and english proficiency requirements.
- Academic Degree- Completion of secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC).
- English Proficiency Test Score- IELTS: 6.5 or above, TOEFL: 90+.
Explore: Tests to study in Australia
Bachelor of Business in Australia: Admission Requirements
Apart from the common admission requirements there are some very specific requirements set by top universities to get admission into programs of Bachelor of Business in Australia.
| University | Academic Requirement | IELTS Score | Additional Documents |
|---|---|---|---|
| Australian National University | Completion of secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC). ATAR- 80 | 6.5 or above | Transcript(s) |
| University of Melbourne | Completion of secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC). ATAR- 80 | 6.5 or above | Transcript(s) |
| The University of New South Wales | Completion of secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC) | 7.0 or above | Transcript(s), CV |
| University of Sydney | Completion of secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC). ATAR- 95 | 7.0 or above | Transcript(s), CV |
| University of Queensland | Completion of secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC) with 60% marks | 6.5 or above | Transcript(s) |
Bachelor of Business in Australia: Cost of study in Australia
Australia can be an expensive country to live in for International students. The cost of study in Australia can be different for every student depending on the choice of university and the city they are living in. The cost of study includes the tuition fee and the cost of living in Australia. The average annual cost of study in Australia ranges from 60,000 AUD to 90,000 AUD (34-51 lakh INR).
Explore: Australian Student Visa
Bachelor of Business in Australia: Tuition Fees
Bachelor of Business in Australia lasts for 3 years with the average annual tuition fee of 135,000 AUD- 150,000 AUD (75-83 Lakh INR). The following table shows the total annual tuition fee for the top universities offering Bachelor of Business in Australia:
| University | Total Tuition Fees (AUD) | Fee for Indian Students (INR) |
|---|---|---|
| Australian National University | 140,040 | 78.34 Lakh |
| University of Melbourne | 150,416 | 83.92 Lakh |
| The University of New South Wales | 138,955 | 77.53 Lakh |
| University of Sydney | 148,500 | 82.86 Lakh |
| University of Queensland | 138,864 | 77.48 Lakh |
Cost of living in Australia
Apart from the tuition fees, a student applying for higher education in Australia should also consider the cost of living in Australia. The below given cost is the average monthly expenditure for a student living in Australia including accommodation, food, living and traveling in Australia.
| Type of Expenses | Cost Per Week in AUD | Equivalent Cost in INR |
|---|---|---|
| Hostels & Guesthouse | 90-150 | 5,000-8,430 |
| Share Rentals | 95-215 | 5,340-12,000 |
| On-campus | 110-280 | 6,200-15,740 |
| Homestay | 235-325 | 13,200-18,200 |
| Groceries & Eating Out | 140-280 | 7865-15,740 |
| Public Transport | 30-60 | 1,690-3,370 |
| Entertainment | 80-150 | 4,500-8,430 |
Scholarships available in Australia for Masters
Students seeking to study in Australia can avail different scholarships offered by the Australian Government to international students. As pursuing masters in Digital Marketing in Australia can get very expensive plus the cost of living, it is highly recommended to the student to go through the list of popular awards and studentships available to them and plan their expenses accordingly.
| Scholarship | Awarded by (private/government/university) | Eligibility | Award Value |
|---|---|---|---|
| Monash International Merit Scholarship | Monash University | Based on academic achievement Students will also be assessed on their scholarship application statement (500 words), and their potential to be an ambassador for Monash University | 10000$ every year for 3/4/5 Years degree. |
| MGSM Scholarship | Macquarie University | Academically outstanding international applicants enrolled in a masters program at Macquarie | Up to 25% on tuition fee |
| Australian Government Research Training Program | Australia Government | Students pursuing Masters or Research Program in Australia | Tuition fee, living expenses, and other allowances |
| RMIT Research Stipend Scholarship | RMIT University | Available for international students pursuing master’s or doctoral programs at RMIT | 31,000 AUD as tuition fee waiver |
| Endeavor PG Scholarship Awards | Government of Australia | International candidates enrolled in masters or Ph.D. courses in Australia | Tuition fee, travel, and other allowances, health insurance |
Bachelor of Business in Australia: Job Opportunities
Graduates of Bachelor of Business in Australia have a variety of job choices in industries like accounting, marketing, finance, human resources, and international business, with average annual salaries ranging from 60,000 AUD to 80,000 AUD (33-44 Lakh INR). The following are some of the best job opportunities available after completing Bachelor of Business in Australia:
| Profession | Average Salary (AUD) | Salary for Indian Student (INR) |
|---|---|---|
| Accountant | 60,310 | 33.65 Lakh |
| Business Analyst | 78,530 | 43.81 Lakh |
| Financial Analyst | 77,188 | 43.06 Lakh |
| Human Resource (HR) Manager | 94,600 | 52,78 Lakh |
| Management Consultant | 92,125 | 51.40 Lakh |
| Operations Manager | 86,215 | 48.10 Lakh |
Explore: Jobs in Australia
Bachelor of Business in Australia: Degree Comparison
Bachelor of Business in Australia vs in Canada
| Parameter | Degree in Australia | Degree in Canada |
|---|---|---|
| Duration | 3 Years | 4 Years |
| Average tuition fees | 135,000 AUD- 150,000 AUD (75-83 Lakh INR) | 100,000 CAD- 160,000 CAD (60-97 Lakh INR) |
| Cost of living | 20,000 AUD- 30,000 AUD (11-16 Lakh INR) | 12,000 CAD- 18,000 CAD (7-10 Lakh INR) |
| Visa | Student Visa | Study Permit |
| Average salary | 60,000 AUD- 80,000 AUD (33-44 Lakh INR) | 50,000 CAD- 70,000 CAD (30-42 Lakh INR) |
| English language proficiency tests | IELTS: 6.5 or above TOEFL: 90+ | IELTS: 6.5 or above TOEFL: 89+ |
Overall, the Bachelor of Business in Australia is a great option for students who are interested in pursuing a career in business. The program offers a wide range of specializations and provides graduates with the skills and knowledge needed to succeed in a variety of business-related fields. Students can expect to pay an average of 135,000 AUD to 150,000 AUD (75-83 Lakh INR) in total for tuition fees and 20,000 AUD to 30,000 AUD (11-16 Lakh INR) per year for living expenses. Scholarships and bursaries are available to help students cover these costs. Graduates can expect to earn an average salary of 60,000 AUD to 80,000 AUD (33-44 Lakh INR) per year and have a range of career options in fields such as accounting, marketing, finance, human resources, and international business.
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FAQs
Ques. What are the top specializations for the Bachelor of Business degree in Australia?
Ans.The top specializations for the Bachelor of Business degree in Australia include accounting, marketing, finance, human resources, and international business.
Ques.How much does a Bachelor of Business cost in Australia?
Ans.Students pursuing Bachelor of Business in Australia can expect to pay an average of 135,000 AUD to 150,000 AUD (75-83 Lakh INR) in total for tuition fees and 20,000 AUD to 30,000 AUD (11-16 Lakh INR) per year for living expenses.
Ques.What are the career prospects after completing a Bachelor of Business degree in Australia?
Ans.Graduates of the Bachelor of Business in Australia can expect to earn an average salary of AUD 60,000 to AUD 80,000 per year (33-44 lakh INR) and have a range of career options in fields such as accounting, marketing, finance, human resources, and international business and work with companies like KPMG, PwC, Reserve Bank of Australia among others.
Ques.What are the admission requirements for a Bachelor of Business in Australia for Indian Students?
Ans.The minimum admission requirements for Bachelor of Business in Australia is to complete secondary education from All India Senior School Certificate (CBSE) or Indian School Certificate (ISC) and IELTS score of 6.5 or above or a TOEFL score of 90+.
Ques.Where can I study for a Bachelor of Business in Australia?
Ans. Some of the top universities offering Bachelor of Business programs in Australia are Australian National University, University of Melbourne, The University of New South Wales, University of Sydney, University of Queensland among others.
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