subject: Zeroing In On The Right B-school In Australia [print this page] If you have plans to study MBA from Australia and you have already started its preparation, you must have taken the first right step towards a bright career.
The advantage Australian universities offer to their students is that they have inextricable links to global corporates, which can of course be an added benefit to the students for more exposure. Australia is a home to many multinationals as well as has a strong trade relationship with other countries, especially with those in East Asia. Studying MBA in Australia is about getting enrolled for low cost but high quality education, education by best faculty, education offered with cutting edge technology, good infrastructure and high quality of life at decent cost.
Eligibility
Majority of the institutes and universities in Australia ask for three years bachelors degree like B.Com, BA, BSc, etc., from Indian students. Students with having few years of work experience are given preferences by the universities authorities while admission procedure. Apart from these, students need to qualify exams like GMAT, TOEFL and IELTS to get through in an Australian university. Make a point that IELTS is mandatory for getting Australian student visa, even if one gets through an Australian university without IELTS. So make sure to score well in it as getting visa is crucial.
Application Procedure in a top B- school in Australia
After you have selected a B-School of your choice, you need to have the following documents ready;
1. Academic Record - Transcripts & Mark sheets
2. Standardized Tests(GMAT/TOEFL) Score Reports
3. Work Experience Details Resume
4. Letter(s) of Recommendation
5. Application Essays / Statement of Purpose
Take a look at the following top 10 Business Schools of Australia;
- Australian Graduate School of Management - AGSM
- Bond University
- Brisbane GSM
- Macquarie GSM
- Melbourne Business School
- Monash University GSB
- Sydney Business School
- University of Technology GSM
- University of Western Australia
Getting Financial Aid
Only a few universities in Australia grant aids to the students for MBA programs in the form of scholarships. The candidates who qualify for scholarships are outstanding students who have excellent academic records, and who secure high scores in GMAT / IELTS and who could demonstrate that they do not have an alternate source of funding. While others can take loan upto Rs 15 lacs from their respective home countries.
In this era of globalization where international competitive pressures are increasing and industrial re-structuring is on a continuation, it is important to keep one updated with international exposure and quality education. The top business schools in Australia are known to offer MBA students more global perspectives, which means more accountable in their marketing efforts and less phased by adversity. MBA graduates in Australia are prepared to place more value on an equitable work life balance.
