MBA degrees are among the most expensive course of study in Australia. According to the 2017 MBA Ranking Report, the average MBA tuition fees for Australian universities ranged from A$34,000 to A$92,000. The cheapest MBA program can be found at Monash University where the tuition fee is only A$14,000 per year.
Despite being one of the more expensive degrees to obtain in Australia, there are a number of advantages to studying for an MBA.
MBA degrees are expensive and can be very challenging to afford. However, there are a few MBA programs in Australia that are much cheaper than the rest. One of these is the Monash University Graduate Business School's (MGBS) MBA program which is currently the cheapest in Australia. MGBS' MBA program costs just over AU$50,000 per year and includes generous scholarship opportunities as well as reduced tuition rates for international students. This makes it one of the best-value MBAs in Australia.
