The number of overseas students in Australia has risen sharply of late — and little wonder why. Australia has an envious lifestyle and progressive visa policies, which have, as we have written, made it a rising force in global business education.
With fantastic beaches, hot weather year-round and abundant natural resources, Australia is a sound choice for a good job and quality life. The major cities such as Sydney and Melbourne are frequently ranked as among the most livable in the world, and many Australian cities are considered to be the best for students, based on affordability, diversity, quality of life and job prospects.
Tuition is relatively cheap, and the government is throwing generous financial aid at overseas students, recognizing international education as an important contribution to Australia’s economic success. Job prospects look rosy amid a stable economy, and the post-study work visa lets those who have studied at least 16 months in Australia to work there for up to two years.
New Zealand, nearby, also offers much in the way of quality of live, education and job prospects. Many students see the country and Australia as gateways to the fast-growing economies of southeast Asia, such as China.
For all these reasons and more, it makes sense to do a Master’s in Management degree in Australia or New Zealand. Here are the top programs you should consider.
The University of Melbourne was ranked first in Australia and 20th globally for business and management in the QS World University Rankings by subject. Times Higher Education also ranked it first in Australia. The business school is regarded as one of the country’s most prestigious and established. It has a 60,000-strong alumni network in more than 100 countries, so students join a valuable group. In runs a generalist MiM program in addition to specialist degrees that cover accounting, finance, human resources and marketing.View School Profile
The Economist, Financial Times and QS have all ranked the Master of Management at Sydney Business School as the best in Australia. What’s more, QS ranked the school fifth in the world for graduate employability. So high quality education, and excellent job prospects seem assured. In addition, Sydney is the only Australian business school to achieve membership of CEMS - the Global Alliance in Management Education that enables student mobility between network schools around the world.View School Profile
BGSB runs a Master of Business in Management that can be fast-tracked: completed in 1.5 years instead of two for those who have a bachelor’s degree in business or a related field. This keeps the opportunity cost of not working low. The course is good value for money, with relatively low fees. BGSB also has the triple crown of AACSB, EQUIS and AMBA accreditation.View School Profile
IGSB is ranked as southern Australia’s top school for business and economics, and the best business school in the region for graduate careers. It’s also one of just nine schools in Australia accredited by EQUIS. One unique aspect of the school’s Master of Management degree is the “Executive Partners Program” that pairs students with experienced executives who mentor them. Students can also specialize in areas such as supply chain management, or tourism and event management.View School Profile
Otago runs a Master of Business (MBus) in Management degree that has an applied research focus, which sets it apart from other MiMs in New Zealand. Students have to write academic papers in addition to completing a research project that can take up to nine months to complete. Such in-depth knowledge of a particular subject may help students wanting to pursue a career in a specific industry or function.View School Profile
Learning on the Master of Management at the MGSM is hands-on. There’s a compulsory “professional practice” course where students work with a local or global organization, experiencing a dynamic work environment and contributing to a real business project. This provides good networking and learning opportunities. The course is taught from MGSM’s Sydney campus, in the heart of a city known for its business hub and laid-back lifestyle.View School Profile
The Master of Management course at Monash University is aimed at those with some work experience who want to progress in their career. The education at Monash is affordable, and there’s generous financial aid on offer too. The school offers over 360 types of scholarships, valued at up to AUD $280,000. The school itself is one of Australia’s oldest and most respected, ranked among the world’s top 100.View School Profile
Located in the heart of New Zealand’s capital city, the School of Management at the University of Wellington is one of the country’s highest-ranking institutions. It offers a range of business master’s programs in just plain management, tourism management, as well as human resource management and employee relations.View School Profile
The AUT business school is internationally ranked, with graduates enjoying rewarding careers all around the world. The school, based in Auckland, focuses on the fast-changing world of business and work, with a wide range of postgraduate masters courses in business related subjects, such as applied finance, business administration, marketing, supply chain management and professional accounting.View School Profile
The business school of the University of Auckland focuses on the rapidly changing world of work, and it has redesigned its programs around this core theme. It offers a wide range of business masters degrees that attract students from a broad array of academic backgrounds. Current study options include marketing, management, international business, and business analytics.View School Profile