12 March 2025
5 minutes read
10 Top MBA Colleges In Australia Accepting GMAT Score
2 September 2024
5 minutes read
Key Takeaway
- Achieving a GMAT score of 600 or above is crucial for admission to top MBA programs in Australia, such as those at Melbourne Business School and AGSM.
- Australian business schools evaluate applicants based on GMAT scores, work experience, and academic records.
- MBA programs in Australia range from 12 to 24 months, offering both full-time and part-time options to accommodate different professional schedules.
Australia has excellent business schools, providing world class MBA that is considered by students as one of the best ones around the world. Given that these are highly competitive programs, the enrollment is subject to threshold requirements and a high GMAT score is another viable requirement.
Depending on what kind of collage or business school you want to attend whether it is one of the top Australian universities or it’s one of several specialized business schools minimum GMAT scores that can help you achieve your dream.
What is GMAT?
The GMAT (Graduate Management Admission Test) is a standardized exam that assesses analytical, verbal, and math skills in written English. Many top B-schools use it to evaluate candidates’ readiness to pursue MBA.
The GMAT score required to get into an MBA varies, but a higher score boosts admission chances. If you plan to pursue an MBA, you must prepare for the GMAT to meet competitive entry requirements and secure a spot in top programs.
What is the Importance of GMAT for Australian Colleges?
MBA admissions also depend considerably on the GMAT exam since most of the business schools use the results of GMAT as one of the criteria for choosing candidates. This can be a good GMAT score and, turning you into a more attractive candidate; such score proves that you are capable of handling the academic load that is a part of an MBA program.
Many schools specify a certain score to be scored minimum, and getting an approximate GMAT score that students who get into those particular schools is useful in predicting what you should aim at.
Admission Criteria
Many Australian business schools accept GMAT scores as a crucial part of their evaluation process. A good GMAT score can make your application stand out, showcasing your preparedness for the rigorous coursework of an MBA program in Australia. Meeting the score requirement set by these schools is often essential for consideration.
Academic Readiness
The GMAT exam provides measures of cognitive abilities that are most relevant to the business management field, and include the following: Analytical writing skills; Mathematical reasoning skills; Verbal skills. The results are excellent in proving that the student has acquired satisfactory academic background to enroll and excel in a competitive MBA program in the Australian Universities. Top-ranked MBA programs also include average GMAT scores obtained by the admitted students while pre-selecting its aspirants.
Competitive Edge
Securing a good score in the GMAT can be a good plus to other factors in an application process to business schools in Australia. It brings out the best in you and can even act as an advantage in cases where you might have scored a bit low in other sections of your application. This advantage is so huge when it comes to seeking admission in some of the most revered MBA programs in Australia.
10 Top Universities In Australia That Accepts GMAT
The country is home to some of the top business schools to pursue an MBA, offering world-class education, networking opportunities, and impressive post-graduation salaries. But before you pack your bags, there’s one hurdle to clear—the GMAT.
For MBA aspirants, the GMAT score is often a key factor in admissions. While some universities have flexible requirements, most top colleges expect a competitive score. The minimum score to get into an MBA in Australia varies, but a safe benchmark in MBA is 550. That said, a higher score always improves your chances. So, if you’re still in the GMAT prep phase, it’s worth aiming higher.
Below, we’ve listed the top universities for MBA in Australia that accept GMAT scores:
| University | Average Tuition Fees (AUD) | Average Salary (Post-MBA) (AUD) | Average GMAT Score Requirement |
|---|---|---|---|
| Melbourne Business School | $99,630 | $125,000 | 690 |
| AGSM (UNSW Sydney) | $100,750 | $135,000 | 680 |
| Monash Business School | $92,500 | $120,000 | 650 |
| UQ Business School (University of Queensland) | $80,808 | $110,000 | 600 |
| Macquarie Business School | $80,000 | $105,000 | 600 |
| UWA Business School (University of Western Australia) | $71,800 | $100,000 | 580 |
| Adelaide Business School | $65,000 | $98,000 | 570 |
| RMIT University | $72,960 | $95,000 | 550 |
| Deakin Business School | $79,800 | $90,000 | 550 |
| University of Technology Sydney (UTS) | $81,000 | $92,000 | 550 |
What is the GMAT score required for MBA in Australia?
To study MBA in Australia, understanding GMAT score requirements is crucial. Top business universities in Australia, like Melbourne Business School and the Australian Graduate School of Management, typically accept GMAT scores, with minimum requirements starting at 550. Competitive programs may demand scores around 600 or higher.
In addition to GMAT scores, substantial work experience is essential for admission. Thorough GMAT preparation is necessary to meet or exceed the average scores required by top universities. Achieving a competitive GMAT score and having relevant work experience are key for MBA admissions at top Australian business schools. Universities accept GMAT scores as GMAT score is required for a comprehensive evaluation of the candidate.
| University/Business School | Minimum GMAT Score Required |
|---|---|
| Melbourne Business School | 600 or higher |
| Australian Graduate School of Management | 600 or higher |
| Monash Business School | 550 |
| University of Queensland | 550 |
| University of South Australia | Varies |
What Are The Top Management Jobs and Salary in Australia?
MBA graduates from Australian universities can secure top management jobs with competitive salaries. To gain admission to these recognized MBA programs, a GMAT score of at least 600 is often required, with some colleges in Australia having a GMAT cut-off range. The cost of an MBA varies, but universities in Australia accept and consider GMAT scores as a key requirement for admission.
Top MBA universities in Australia, such as Melbourne Business School, offer excellent ROI through high-paying jobs. Applicants must appear for the GMAT exam, as a good GMAT score is one of the essential requirements for the MBA. Universities in Australia offer 77 different MBA specializations, ensuring diverse career opportunities.
| Job Title | Average Salary (AUD) |
|---|---|
| Chief Executive Officer (CEO) | $200,000 – $350,000 |
| Chief Financial Officer (CFO) | $220,000 – $300,000 |
| Chief Operating Officer (COO) | $210,000 – $290,000 |
| General Manager | $160,000 – $250,000 |
| Director of Operations | $180,000 – $260,000 |
| Marketing Director | $150,000 – $220,000 |
| Human Resources Director | $140,000 – $200,000 |
Conclusion
To those who want to study MBA in Australia, international students will be provided quality education with numerous career prospects. The role of GMAT scores in admission plays a significant part as top MBA programs in Australia such as Melbourne Business School, Australian Graduate School of Management, and Monash Business School set a high bar for candidates. This makes it crucial to enroll in comprehensive GMAT prep courses which helps students gain a 360-degree understanding of the exam. With regard to GMAT score, having a high degree of work experience is a big plus because you stand out in the crowd.
The suggestions above and other initial guidelines, together with taking the GMAT and meeting the course and university admission requirements of your target institutions, can be helpful on your way toward achieving your dream of getting an MBA in Australia.
Conquer the GMAT with Ambitio’s tailored preparation program. Our targeted resources, including comprehensive content reviews and realistic practice exams, are designed to meet your unique needs, helping you to become a top scorer and standout applicant.
FAQs
What is the average duration of an MBA program in Australia?
MBA programs in Australia typically last between 12 to 24 months, depending on whether the student opts for a full-time or part-time schedule. Some programs may offer accelerated options that can be completed in a shorter timeframe.
Do Australian business schools offer any waivers for the GMAT requirement?
Yes, some Australian business schools may offer GMAT waivers for applicants with significant professional experience, advanced degrees, or exceptional academic records. It’s important to check with each school for their specific waiver policies.
What types of specializations are available in Australian MBA programs?
Australian MBA programs offer a wide range of specializations, including Finance, Marketing, Entrepreneurship, International Business, and Technology Management, among others. This allows students to tailor their education to their career goals.
How important is work experience for admission to MBA programs in Australia?
Work experience is highly valued by Australian business schools. Most top MBA programs require applicants to have at least 2 to 5 years of professional experience. This experience is crucial for contributing to class discussions and for practical learning applications.
Are there any English language requirements for international students applying to MBA programs in Australia?
Yes, international students whose first language is not English are typically required to submit English proficiency test scores, such as IELTS or TOEFL, as part of their application. Each school has specific score requirements that applicants must meet.
What career services are available to MBA students at Australian business schools?
Australian business schools offer extensive career services, including job placement assistance, career counseling, networking events, internships, and access to alumni networks. These services help students secure employment and advance their careers post-graduation.
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