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Top MIM Colleges in Australia

Dhruvin Jain

Dhruvin Jain

Apr 12, 2025

9 mins read

MIM Colleges in Australia

MIM Colleges in Australia: A Snapshot

Australia is quickly emerging as a strong contender for management education, especially for fresh graduates seeking international exposure. With several top MiM schools in Australia, globally recognized faculty, and student-friendly policies, it’s no surprise that the country is drawing attention from around the world.

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What is a MiM and Who Should Pursue It?

Master in Management (MiM) is designed for recent graduates or those with little to no work experience. It offers foundational business and leadership skills, unlike an MBA, which is geared toward experienced professionals.

If you’ve just finished your undergraduate degree—especially in a non-business field—and are looking to pivot into business or management roles, a MiM is the ideal path.

Australia as an Emerging MiM Destination

While traditionally known for MBAs and STEM courses, Australia now hosts several top business schools for MiM that are gaining global recognition. The country offers:

  • English-taught programs with global rankings
  • Multicultural campuses that welcome international students
  • A high quality of life and strong job market

Schools like ANU, University of Sydney, and Melbourne Business School are now among the top MiM business schools in Australia.

Program Duration: Typically 1–2 Years

Most MiM programs in Australia last:

  • 1 year (full-time intensive format)
  • 1.5–2 years (if you choose internships or dual specialization options)

Shorter durations mean quicker returns and reduced overall cost.

Tuition Fees & Cost of Living

Here’s what you can expect as an international student:

Item

Cost Range (AUD)

Tuition FeesAUD 40,000 – AUD 65,000 total
Living ExpensesAUD 21,000 – AUD 25,000 per year

Many of the top 10 MiM schools in Australia offer value for money compared to the UK or US.

Post-Study Work Visa (Subclass 485) & PR Options

Australia supports international graduates with clear post-study pathways:

  • 485 Graduate Visa: Allows you to work in Australia for 2–3 years after your degree
  • Pathway to Permanent Residency (PR) through employer sponsorship or skilled migration routes

This makes Australia a smart long-term option for career-focused students.

Scholarships for International Students

Most top business schools in Australia for MiM offer generous scholarships:

  • University of Melbourne Graduate Scholarships
  • Macquarie Vice-Chancellor’s International Scholarship
  • ANU College of Business Merit Awards

These reduce your financial burden and increase your ROI.

Career Prospects & Return on Investment (ROI)

Graduates from top MiM schools in Australia are hired by companies like Deloitte, PwC, NAB, Accenture, Telstra, and EY. Job roles include:

  • Business Analyst
  • Marketing Executive
  • Project Manager
  • Consultant

Average starting salary: AUD 60,000 – 80,000, depending on your background and specialization.

3 Reasons Why Australia is Right for Your Studies

Still wondering if Australia is the right place for your MiM degree? Let’s break it down. Whether it’s academics, lifestyle, or job opportunities—you get the complete package.

1. Globally Recognized Education

Australia is home to several top MiM business schools, including the University of Melbourne, ANU, and University of Sydney—all of which are ranked in global university lists like QS and THE.

  • Business schools are accredited by global bodies like AACSB, EQUIS, and AMBA
  • Programs offer global immersion, internships, and industry-focused curriculum
  • Many of these are counted among the top 10 MiM schools in Australia and Asia-Pacific

This ensures your degree holds value not just in Australia, but around the world.

2. Work Opportunities in Booming Sectors

Australia’s economy supports international graduates with:

  • 2–3 years of post-study work rights under Subclass 485 visa
  • Fast-growing job markets in consulting, tech, finance, and marketing
  • Recruitment drives and career fairs across top campuses

Major employers include EY, Deloitte, Accenture, Atlassian, NAB, and BCG, many of whom actively hire from top MiM schools in Australia.

3. Diverse, Student-Friendly Environment

Australia is known for its welcoming atmosphere and cultural diversity:

  • Ranked among the safest countries for international students
  • Cities like Melbourne, Sydney, and Brisbane are consistently rated as top student cities
  • Universities offer support services, mentorship programs, and mental health resources

You’ll feel at home while studying in a globally connected and inclusive environment.

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Best MIM Colleges in Australia: Top 7 MiM Programs in 2025

Australia offers a mix of public research universities and globally recognized business schools, many of which now rank among the top MiM business schools in Australia. Here's a detailed look at the top 10 MiM schools in Australia—starting with the best 7 to consider in 2025.

1. Australian National University – ANU College of Business & Economics

Program: Master of Management
 Duration: 1.5 years (full-time)
 Tuition Fees: AUD 48,000 total (approx.)
 Eligibility: Bachelor’s degree, IELTS 6.5+, no GMAT required

  • Research-led teaching at one of Australia's top-ranked universities
  • Emphasis on leadership, ethics, and strategic thinking
  • Located in Canberra, with access to government and policy networks

Ranked among the top MiM schools in Australia for its academic depth and graduate employability.

2. University of Sydney – Business School

Program: Master of Management
 Duration: 1 year (intensive)
 Tuition Fees: AUD 53,000 total (approx.)
 Eligibility: Recent graduates only, IELTS 7.0+, no GMAT required

  • Strong ties with PwC, Deloitte, and the Big 4
  • Global Immersion Week with overseas experience
  • Consistently ranks in the top 50 universities globally

Ideal for fresh graduates looking for industry immersion from a top business school in Australia for MiM.

3. University of Melbourne – Melbourne Business School

Program: Master of Management
 Duration: 1–2 years (depending on prior experience)
 Tuition Fees: AUD 57,000–AUD 70,000
 Eligibility: Bachelor’s degree, IELTS 6.5+, no GMAT required

  • Ranked #1 in Australia for Business and Management (QS 2024)
  • Multiple specializations: Finance, HR, Marketing, Accounting
  • Excellent alumni network and internship pathways

One of the top MiM business schools in Australia, with global prestige.

4. Monash University – Monash Business School

Program: Master of Global Business / Master of Management
 Duration: 1.5–2 years
 Tuition Fees: AUD 45,000–AUD 50,000
 Eligibility: Bachelor’s degree, IELTS 6.5+, no GMAT required

  • Strong global outlook and triple accreditation (AACSB, EQUIS, AMBA)
  • Industry-based projects and global study options
  • Ranked in the top 100 worldwide for business studies

A go-to option for those wanting a practical, international MiM experience.

5. Macquarie University – Macquarie Business School

Program: Master of Management
 Duration: 1.5–2 years
 Tuition Fees: AUD 42,000–AUD 47,000
 Eligibility: Bachelor’s degree, IELTS 6.5+, no GMAT required

  • Career-ready curriculum with focus on digital transformation
  • Includes professional development units and workshops
  • Located in Sydney with access to Australia’s biggest job market

One of the most affordable top MiM schools in Australia with solid career support.

6. La Trobe University – La Trobe Business School

Program: Master of Management
 Duration: 2 years
 Tuition Fees: AUD 39,000–AUD 43,000
 Eligibility: Bachelor’s degree, IELTS 6.5+, no GMAT required

  • Offers flexible learning options, including online and evening classes
  • Internship and industry-linked project opportunities
  • Located in Melbourne, a major student hub

Great for students seeking a budget-friendly MiM in Australia without compromising on quality.

7. University of South Australia – UniSA Business School

Program: Master of Management
 Duration: 1.5–2 years
 Tuition Fees: AUD 39,700–AUD 45,000
 Eligibility: Bachelor’s degree, IELTS 6.5+, no GMAT required

  • AACSB-accredited and industry-aligned curriculum
  • Access to UniSA’s Enterprise Hub and Innovation Studio
  • Strong support for employability and career mentoring

A fast-rising name among the top MiM business schools in Australia, known for innovation and job-readiness.

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Conclusion

If you’re a recent graduate looking to build a global career in business, pursuing a MiM in Australia could be one of your smartest moves. With a growing list of top MiM schools in Australia, globally accredited programs, and strong job outcomes, the country offers excellent value for international students.

Here’s why Australia is a compelling MiM destination:

  • Shorter program durations (1–2 years) mean faster career entry
  • Competitive tuition and scholarship opportunities lower your financial burden
  • Post-study work visas and PR pathways make it easy to stay and work
  • Top universities like MelbourneSydney, and ANU consistently rank in the global top 100

From classroom learning to real-world experience, the top business schools in Australia for MiM combine academic strength with hands-on opportunities in industries like consulting, finance, tech, and marketing.

FAQs
What is the cost of MiM in Australia for international students?
Tuition fees for a MiM program in Australia typically range from AUD 40,000 to AUD 65,000, depending on the university. Add about AUD 21,000–25,000/year for living expenses. However, scholarships from top MiM business schools in Australia can help reduce the overall cost.
Is GMAT required for MiM programs in Australia?
In most cases, GMAT is not required. Universities like University of Sydney, University of Melbourne, and ANU don’t mandate GMAT for MiM admissions. Your undergraduate GPA and English proficiency scores are usually more important.
Can I work in Australia after completing a MiM?
Yes. After graduation, you can apply for the Temporary Graduate Visa (Subclass 485), which allows you to stay and work in Australia for 2 to 3 years, depending on your program and location. Many MiM graduates also use this period to apply for Permanent Residency (PR).
How long is a MiM program in Australia?
MiM programs in Australia typically last between 1 to 2 years. One-year intensive formats are available at places like the University of Sydney, while others offer extended 1.5–2 year options that include internships or specializations.
Are there scholarships available for MiM students in Australia?
Yes. Most top MiM schools in Australia offer scholarships for international students, such as: University of Melbourne Graduate Scholarships ANU College of Business Merit Scholarships Macquarie Vice-Chancellor’s International Scholarship These can significantly lower your tuition burden.
What is the average salary after MiM in Australia?
Graduates from top business schools in Australia for MiM earn between AUD 60,000 to AUD 80,000 as starting salaries, depending on the industry, role, and prior experience. Consulting, finance, and tech sectors usually offer higher packages.
Which MiM program is best for international students?
Top choices for international students include: University of Melbourne – for academic reputation and specializations University of Sydney – for global immersion and job outcomes ANU – for research-led curriculum and leadership focus These are consistently ranked among the top 10 MiM schools in Australia and offer strong international support.
Is Australia better than Europe for a MiM degree?
It depends on your goals. Australia offers shorter programs, post-study work rights, and easier PR pathways, making it ideal for students seeking long-term international careers. Europe, especially countries like France or Germany, may offer lower tuition but stricter visa rules. Compare your options carefully based on ROI, location, and lifestyle.
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Dhruvin Jain
Dhruvin Jain

Articles: 20

Dhruvin Jain is the co-founder of MastersBuddy, a tech-first platform that has helped over 2500 students find and apply to top master’s programs globally. He is a master’s graduate from IE Business School, and is passionate about education, technology, and entrepreneurship.

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