In what ought to be good news for those planning to join MBA courses in Australia, there has been only marginal increase in average fees for 2016.
Having recorded a hike of more than 8% (from $40,671 in 2014 to $44,200 in 2015), the average MBA for full fee paying domestic students increased only marginally to $44,866 in 2016.
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Melbourne Business School, which increased its fees to $81,400 from $79,000 in 2015, retaines the top position offering the country’s most expensive MBA. On the second spot is The University of New South Wales (Australian Graduate School of Management) at $77,760 and Macquarie University’s Macquarie Graduate School of Management on the third at $76,000, says MBA News.
Having recorded a hike of more than 8% (from $40,671 in 2014 to $44,200 in 2015), the average MBA for full fee paying domestic students increased only marginally to $44,866 in 2016.
New entrant Ducere (University of Canberra) has a course fee of $30,000 while Torrens University (Chiefley Business School) in its debut MBA course is charging $ 27,000 (12 courses at $2,250 per course).
Incidentally, Torrens is the third cheapest by way of fees being charged for MBA courses. The Australian Institute of Business continues to be the cheapest at $21,780. On the second spot is Edith Cowan University at $26,550.
2016 MBA Fee At 40 Top Australian B-Schools
University of Melbourne (Melbourne Business School)
$81,400
University of New South Wales (AGSM)
$77,760
Macquarie University (MGSM)
$76,000
University of Western Australia
$68,500
University of Technology Sydney
$61,344
Monash University
$61,200
University of Sydney Business School
$60,000
Australian National University
$58,560
University of Queensland
$54,480
University of Adelaide
$54,000
QUT Business School
$53,400
La Trobe University
$48,900
Griffith University
$48,000
Deakin University
$48,000
Charles Sturt University
$48,000
RMIT University
$47,520
Ducere (University of Canberra)
$45,000
University of Wollongong (Sydney Business School)
$44,928
University of Western Sydney
$44,000
University of South Australia
$43,200
Australian Institute of Management
$40,000
CQUniversity
$38,000
Southern Cross University
$37,440
Federation University (FedUni)
$37,200
Swinburne University of Technology
$36,600
Curtin University
$35,600
Murdoch University
$34,920
Australian Catholic University
$34,740
Victoria University
$33,151
University of the Sunshine Coast
$33,120
Flinders University
$31,140
University of Newcastle
$30,879
University of Southern Queensland
$29,160
University of Canberra
$28,680
Chifley Business School MBA
$28,344
University of New England
$27,984
Torrens University (at Chifley Business School)
$27,000
Edith Cowan University
$26,550
Source – B-School websites and brochures
Disclaimer: The fees list is only a general guide for domestic Australian students, sourced from publicly available information or individual universities and business schools. Fees for international students may be different.
While we have tried to ensure accuracy, please refer to B-School’s websites and brochures for current, updated and accurate information which may be different due to fee revisions, changes in course credit requirements etc.
Where schools have not provided full degree fees OneYearMBA has made a judgement on the full degree costs extrapolated from fee for individual courses needed to complete a course or time required to complete a course. In the former case, the current year indicative fee has been extrapolated over the course period.
The fees listed may or may not include incidentals and other expenses such as textbooks and learning materials.
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