Global Select Education and Migration Services
Posted on
Monday, August 26, 2024

Business Studies in Australia: Your Gateway to a Dynamic Career

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Introduction

Business studies in Australia provide an exceptional foundation for those seeking to enter a vibrant and evolving career market. With an emphasis on practical skills and global perspectives, Australian business programs equip students with the knowledge needed to excel in various industries. This guide will explore the types of business courses available, career prospects, benefits of studying business, top universities, and pathways to permanent residency in Australia.

Australia offers a variety of business programs tailored to different career goals:

Diploma of Business

Duration: Typically, 1 year

Overview: This course covers essential business skills including project management, financial administration, and business communication. It is ideal for individuals looking to start their career or progress to higher education.

Bachelor of Business

Duration: Generally, 3 years

Overview: This degree provides comprehensive training in key business areas such as management, marketing, accounting, and economics. It prepares graduates for a wide range of roles in the business world.

Master of Business Administration (MBA)

Duration: 1 to 2 years

Overview: The MBA program focuses on advanced management and leadership skills, making it ideal for those aiming for senior management roles or entrepreneurship.

Career Opportunities

Business graduates have access to a broad spectrum of career options, including:

  • Business Analyst: Specializes in improving business processes and strategies.
  • Marketing Manager: Creates and executes marketing plans to boost business growth.
  • Financial Consultant: Offers advice on financial planning, investments, and risk management.
  • Entrepreneur: Starts and manages new business ventures.

Benefits of Studying Business

  • High Employability: Business degrees are highly valued, providing numerous job opportunities across various sectors.
  • Versatile Career Paths: The skills acquired are applicable in diverse fields such as finance, marketing, management, and entrepreneurship.
  • Practical Experience: Many programs include internships and real-world projects, enhancing practical skills and industry connections.
  • Global Exposure: Programs often include international business elements, preparing graduates for global business environments.

Top Universities Offering Business Studies

University of Melbourne

Program: Master of Business Administration (MBA)

Entry Requirements: A bachelor’s degree, typically 2-3 years of work experience, and English proficiency (IELTS 7.0 not less than 6.5 or equivalent).

More Info >

University of Sydney

Program: Bachelor of Commerce

Entry Requirements: Completion of high school with an ATAR or equivalent, and English proficiency (IELTS 7.0 not less than 6.0 or equivalent).

More Info >

Queensland University of Technology (QUT)

Program: Bachelor of Business

Entry Requirements: High school completion with an ATAR or equivalent, and English proficiency (IELTS 6.5 not less than 6.0 or equivalent).

More Info >

Deakin University

Program: Master of Business Administration (MBA)

Entry Requirements: A bachelor’s degree, usually 2-3 years of work experience, and English proficiency (IELTS 6.5 not less than 6.0 or equivalent).

More Info >

University of New South Wales (UNSW)

Program: Bachelor of Commerce

Entry Requirements: High school completion with an ATAR or equivalent, and English proficiency (IELTS 7.0 not less than 6.0 or equivalent).

More Info >

Pathways to Permanent Residency

Studying business in Australia can facilitate a pathway to permanent residency.

Here’s how:

  • Skilled Migration Visas: Business-related professions such as Business Analysts, Marketing Managers, and Financial Consultants are often on the Skilled Occupation List (SOL). This makes these roles eligible for skilled migration visas.
  • Points-Based System: Australia uses a points-based system for skilled migration visas. Points are awarded for factors such as age, education, work experience, and English language proficiency. Completing a higher-level business degree, like an MBA, can boost your points.
  • State Nomination: Certain Australian states have nomination programs for skilled workers. Completing a business degree and gaining work experience can improve your chances of state nomination, which is advantageous for obtaining a skilled visa.
  • Employer Sponsorship: If you secure a relevant job, an employer may sponsor you for a temporary or permanent skilled visa. Employer sponsorship is a practical route to gaining permanent residency.

FAQs

What are the costs of studying business courses in Australia?
Tuition fees vary depending on the institution and course level. International students typically pay between AUD 20,000 and AUD 40,000 per year.

What are the typical entry requirements for business courses in Australia?
Requirements generally include a high school diploma or equivalent, proof of English proficiency (e.g., IELTS or TOEFL scores), and occasionally relevant work experience.

Which business occupations are currently in high demand in Australia?
High-demand roles include Business Analysts, Marketing Managers, and Financial Consultants.

How long does it take to obtain PR in Australia with a business degree?
The time frame for permanent residency can vary. After completing your studies and gaining relevant work experience, you may apply for PR through the General Skilled Migration program. Processing times can range from several months to a few years.

What are the benefits of working in the business field?
A career in business provides high earning potential, a wide range of job opportunities, and the possibility of working in various industries. It also offers significant opportunities for professional growth and advancement.

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CourseBachelor’s DegreeMaster’s DegreeRequirements or ConsiderationsEnglish Language Proficiency (IELTS/TOEFL)Tuition Fees (per year for international students)Top Universities
Nursing
3 years1-2 yearsClinical placements required; may need specific health immunizations.Minimum IELTS 6.5; TOEFL 79-93.AUD $30,000 - $45,000University of Sydney, University of Melbourne, Monash University
Information Technology
3-4 years1-2 yearsMay require programming skills or prior coursework in IT.Minimum IELTS 6.5; TOEFL 79-93.AUD $30,000 - $50,000Australian National University, University of New South Wales, University of Melbourne
Accounting
3 years1-2 yearsNeed to meet accreditation standards by professional bodies.Minimum IELTS 6.5; TOEFL 79-93.AUD $30,000 - $40,000University of Melbourne, University of Sydney, University of Queensland
Engineering (various fields)
4 years1-2 yearsStrong background in mathematics and physics required.Minimum IELTS 6.5; TOEFL 79-93.AUD $35,000 - $45,000University of New South Wales, University of Sydney, Monash University
Social Work
4 years1-2 yearsPractical experience or placements required.Minimum IELTS 7.0; TOEFL 94-101.AUD $28,000 - $40,000University of Melbourne, University of Sydney, University of Queensland
Education (various fields)
4 years1-2 yearsA police clearance and working with children check required.Minimum IELTS 7.0; TOEFL 94-101.AUD $28,000 - $35,000University of Melbourne, University of Sydney, Monash University
Psychology
3 years1-2 yearsRequires strong research and psychological theory understanding.Minimum IELTS 7.0; TOEFL 94-101.AUD $30,000 - $45,000University of Sydney, University of New South Wales, University of Queensland
Occupational Therapy
3-4 years1-2 yearsMay require pre-registration or relevant clinical experience.Minimum IELTS 7.0; TOEFL 94-101.AUD $30,000 - $45,000University of Queensland, University of Sydney, Curtin University
Architecture
3-4 years2 yearsIncludes technical and creative coursework, portfolio may be required.Minimum IELTS 6.5; TOEFL 79-93.AUD $35,000 - $50,000University of Sydney, University of Melbourne, Monash University
Medicine and  Health Sciences
5-6 years2-4 yearsHighly competitive entry, includes clinical placements and internships.Minimum IELTS 7.0; TOEFL 94-101.AUD $45,000 - $70,000University of Melbourne, University of Sydney, Australian National University
State/TerritorySubclass 190 (Skilled Nominated Visa)Subclass 491 (Skilled Work Regional (Provisional) Visa)
New South Wales (NSW)Required for some occupationsRequired for some occupations and regions
Victoria (VIC)RequiredRequired
Queensland (QLD)Not typically required, conditions applyRequired for some occupations and regions
South Australia (SA)Not typically required, conditions applyRequired for some occupations and regions
Western Australia (WA)Not typically requiredNot typically required
Tasmania (TAS)Not typically required, conditions applyNot typically required, conditions apply
Northern Territory (NT)Not typically requiredNot typically required
Australian Capital Territory (ACT)Required, uses Matrix systemRequired, uses Matrix system