Business in Australia
Studying business in Australia is a popular choice due to the wide range of accredited courses offered in reputable world-class universities together in international business hubs such as Sydney and Melbourne. Undergraduate programs help students prepare for careers in various industries such as finance, technology, government, engineering and logistics. Students can specialise with a variety of majors including accounting, business administration, economics, international business and entrepreneurship.
With an international business and commercial environment throughout Australia, the programs offered by Australian universities allow students to think strategically and creatively without borders. With a thriving international student population, the learning experience opens students up to interacting with different cultures and exposure to different perspectives. Taking a business degree in Australia is a solid step towards excellent career prospects internationally as well as employment opportunities in Australia where graduates can stay and work in.
Why study business in Australia?
● Business universities in Australia have a rigorous curriculum to ensure graduates are employment-ready. This includes an emphasis on team-work and projects for real-world Australian businesses.
● Choose from a wide variety of business disciplines that interest you such as finance, economics, supply chain management, strategic planning and operations management.
● Students studying business have the opportunity to gain industry insight during their program through internships.
● Excellent employment opportunities await students who study business in Australia, back home and within Australia itself.
● A wealth of post-graduate courses to choose from to continue your studies including internationally recognised MBA programs.
Key facts about studying business in Australia
● Australia is home to 7 of the top 100 universities in the world (QS Top Universities 2020) such as The University of Melbourne and Monash University, all of which offer business programs.
● You can stay and work in Australia between 2 and 4 years after you graduate with a business degree from an Australian university with the Post-Study Work Stream Temporary Graduate visa.
● Australia is a peaceful country, ranking 13th out of 163 countries in the 2019 Global Peace Index
Choosing your business university
Here are some key things to look out for in choosing your business university in Australia:
● Academic Excellence – Research on reviews and teaching professors can give a good insight into the course curriculum in addition to course descriptions. A good experience can move beyond traditional education boundaries and provides excellent teaching support for the track you wish to pursue.
● Linked MBA Programs - Understand if there are any post-graduate programs such as an MBA that allows you easier entry when you apply in the future while accelerating your learning through exemptions.
● Location – Whether it’s the urban cosmopolitanism of Sydney or the more laid-back vibe of Brisbane you prefer, look for a university situated in a region that offers you the best mix of lifestyle and standard of living.
● Cost – While tuition fees shouldn’t vary too much for the same course, the kind of financial assistance and scholarships available to you may differ more substantially. Look for a university that offers scholarships and determine if you are eligible, some scholarships are only awarded to students in certain countries and regions.
● International Student Support – Find a university that offers well-planned support for international students, as they can advise on essentials such as accommodation, student welfare, and post-graduate employment opportunities.
Admission requirements for Australian universities
Entry into an Australian university typically requires a Bachelor's degree from a recognised university or an equivalent diploma or certificate depending on the course applied for. Non-native speakers will also require an overall IELTS (Academic) band score of 6.5, with no individual sub-score less than 6.0 as evidence of English language proficiency.
Those looking for postgraduate programs may need to meet additional entry requirements, such as prior knowledge in certain subjects, work experience, and the successful completion of an audition, portfolio, interview or test.
If you are applying for an MBA program in Australia, many universities will require you to have one to three years of work experience, a detailed curriculum vitae, statement of purpose and the contact details of your professional referees.