The Master of Management (MIM) is a graduate-level degree designed to equip students with the essential skills and knowledge needed to excel in leadership and managerial roles across various industries. Unlike the traditional MBA, which often requires work experience, the MIM is tailored for recent graduates or early-career professionals who aspire to build a strong foundation in management principles, strategic thinking, and organizational behavior. The program combines theoretical knowledge with practical applications, offering students a comprehensive understanding of global business practices.
Australia is a top destination for pursuing a Master’s in Management due to its globally recognized universities, diverse cultural environment, and robust job market. The country’s educational institutions offer high-quality programs with a strong emphasis on practical learning and industry exposure. Studying in Australia also provides international students with opportunities to work while studying, access post-study work visas, and gain exposure to one of the most dynamic and innovative economies in the world. Additionally, Australia’s multicultural society ensures a welcoming and inclusive environment for students from all backgrounds.
| Expense | Cost (in AUD) |
| Tuition Fees |
35,000 – 50,000 per year |
| Living Expenses |
20,000 – 25,000 per year |
|
Health Insurance (OSHC) |
500 – 700 per year |
| Application Fees |
100 – 150 per application |
| Visa Fees | 630 (approx.) |
|
Miscellaneous Costs |
2,000 – 4,000 per year |
|
Top Universities / Colleges |
Tuition Fees (in AUD) per year |
|
University of Melbourne |
45,000 – 50,000 |
|
University of Sydney |
40,000 – 48,000 |
|
Australian National University |
42,000 – 47,000 |
|
University of Queensland |
38,000 – 45,000 |
|
Monash University |
35,000 – 43,000 |
|
University of New South Wales |
40,000 – 46,000 |
| Job Title |
Average Salary (in AUD) per year |
|
Business Analyst |
85,000 |
|
Marketing Manager |
100,000 |
| Project Manager | 120,000 |
|
Management Consultant |
110,000 |
|
Operations Manager |
95,000 |
|
Human Resources Manager |
90,000 |
GPA stands for Grade Point Average. It is a numerical representation of a student’s academic performance, calculated on a scale (e.g., 0 to 4.0) based on the grades received in courses.
Most Australian universities calculate GPA using a weighted average of grades earned in completed courses, taking credit hours into account.
A minimum GPA of 2.5 to 3.0 (on a 4.0 scale) is typically required, though it varies by university.
Yes, a higher GPA can significantly improve your chances of receiving scholarships and financial aid.
Yes, a weighted GPA considers the difficulty of courses (e.g., honors or advanced placement), while an unweighted GPA treats all courses equally.
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