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MBA Jobs in Australia in 2024: Opportunities, Salary, Top Recruiters

Updated on 26 March, 2024

Gauri Agrawal

Gauri Agrawal

Sr. Content Writer

Australia is one of the world’s significant study destinations that welcome MBA aspirants for various specializations. Even the jobs after an MBA in Australia offer global exposure, lucrative career prospects, and employment security in a fast-growing economy. There are countless MBA jobs in Australia. The job opportunities in Australia after an MBA are increasing exponentially. Recruiters are often strongly biased towards MBA graduates in finance, accountancy, human resources, supply chain, operations, sales and marketing, program management, and business development.

Australian MBA graduates are top-ranked professionals often favored with high-paying employment opportunities. The average salary of an MBA in Australia is more than 95,000 AUD annually.The country offers international students some of the best-paid jobs in the world. Want to know more about the job prospects in Australia after MBA or MBA salary in Australia? Keep reading this blog to know more about it.

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How to Find a Job in Australia? 

If you are looking for jobs after completion of your MBA degree in Australia, breaking into the job market can be a little difficult at first. Here are a few ways that can make your entry easy into the employment circle in Australia: 

1. The best way to get a job in Australia is to do your MBA from one of the best B-schools there. These management colleges are renowned for their internship and placement programs. 

2. Another thing would be to first secure an MBA degree from an institute of international repute from any part of the world and then apply for a job in Australia via international online websites and job portals. These job portals will have advertisements for jobs after an MBA in Australia, wherein you will need to apply along with your updated resume and cover letter.

3. Third can be to start working with an MNC in your country and then with their international projects you can move to Australia.

4. Lastly, global recruiters and staffing services use search engines where employers post their job requirements daily. These placement companies help you find a job that best suits your specialization and experience. 

 

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Top Recruiters in Australia for MBA graduates

Australia’s global job market attracts some leading tech giants, popular multinational companies, and international conglomerates. MBA graduates get the opportunity to work with fortune 500 listed organizations that recruit frequently. 

As we jump directly to look at the prospects of MBA scope in the country, let us look at the top recruiters for MBA graduates in Australia.

Recommended Read: Job Opportunities in Australia

Top recruiters for MBA graduates in Australia:

Top RecruitersAverage Annual Salary (in AUD)
Commonwealth Bank of Australia84,000 
ANZ Banking Corporation45,000 
Woolworths123,000 
Telstra corporation Ltd126,000 
Westpac Banking Corp135,000 
JP Morgan158,000
Fidelity Investments133,000
Allianz Global investors132,000  
Barclays135,000
HSBC Global Asset Management 1,09,289

Source: (pay scale)

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Pathway Programs With Some Important Resources:

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Types of Jobs after MBA in Australia: MBA graduates can look up various job roles if they complete their course degree in Australia. MBA graduates earn one of the highest salary packages globally. The job opportunities in Australia after an MBA are rising due to high-ranked institutes that vouch for an excellent career graph for international students. Some of the work profiles with specializations and average annual salary is mentioned below:

Types of Jobs after MBA in Australia: 

Specializations Work ProfileAverage Annual Salary (AUD)

      


 

 MBA in Marketing 

Marketing Manager  81001
Sales Manager103544
Business Development Manager   79747
Senior Business Analyst 119389.

   


 

MBA in Finance

Finance Advisor100,000
Investment Banker97131.
Analytics Manager120000- 160000.
Data Scientist:99,510
MBA in Human ResourceManagement consultant:114,000
HR Manager125,893
Talent Acquisition Manager102003
MBA in OperationsOperations Manager 105645
General/ Operations Manager127886
IT Manager125,660

Source: (pay scale)

Read More: Eligibility Criteria for Masters (MS) in Australia

How to Find a Job in Australia?

After successfully completing your MBA degree, students would be granted a two-year post-study visa. So, if a graduate has good communication skills and has prior work experience in your field, you may be able to get work. Students must note obtaining a work visa in Australia if they pursue an MBA without any prior work experience.

  • Check Out Job Sites: Seek, Workfast, SpotJobs, Paddl, Gumtree, Indeed, CareerJet, CareerOne, Adzuna, and others are some of Australia’s most reliable jobs sites. All you can do is select location, job type, and expected salary package and look for the most suited one for yourself. 
  • In-Campus Networking: In-campus networking is an informal way of exploring a job opportunity in Australia but works for various candidates. So, the purpose of networking is to meet the people who can help you reach where you want to. College events, fests, participation in college societies, volunteering programs, and others are ways in which students can form networks. Note that keeping in touch with those acquaintances throughout your college life is essential. The best is to add them to your social media.
  • Apply Over Company’s Website Directly: Most companies advertise their vacancies over their website’s career section. They are more than happy to welcome aboard a highly skilled professional. So, if your resume has been found relevant, you will surely get an interview call. 
  • Benefit from Career Services of Universities: All good universities have industry partners who look for talented students to work with them. The universities’ career services help candidates connect with companies. Additionally, lots of educational institutions provide direct placement to the students after they complete their education from the center.
  • Register With a Recruitment Agency:  Innumerable recruitment companies provide multiple opportunities to candidates searching for jobs in Australia. The aspirant must consult a reliable company that helps recruit international students, provide all relevant details along with their CV, and then wait for them to come back with a suitable opening. 

More Resources to Read About Australia:

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Summary

It is possible to earn as much as 82,000 AUD a year for an MBA graduate working in Australia. MBA graduates earn one of the highest salary packages globally. The job opportunities in Australia after an MBA are on the rise due to high-ranked institutes that vouch for an excellent career graph for international students. 

In conclusion, MBA jobs in Australia in 2024 continue to offer a promising and rewarding landscape for graduates. The blend of competitive salaries, diverse career opportunities, and the presence of top recruiters reflects the enduring value of an MBA in the Australian job market. For MBA graduates, this translates to not only ample employment opportunities across various dynamic sectors but also a platform for significant professional growth and development. The Australian economy's recognition of the strategic, leadership, and analytical skills of MBA graduates ensures that they are well-positioned to take on influential roles and contribute meaningfully to the business landscape. Entering this vibrant market, MBA professionals in Australia can look forward to a career path filled with potential, innovation, and success.

Visit upGrad Abroad to get support regarding MBA prospects in Australia!

Study Abroad with upGrad Abroad

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Frequently Asked Questions

Are any scholarships available for students planning to pursue an MBA in Australia?

Yes, more than 520 scholarships are available for international students pursuing an MBA from Australia.

How much does an MBA graduate earn in Australia?

The average salary of an MBA graduate in Australia is USD 98,400 per annum. However, the salary may vary for different positions and work profiles. 

What is the average MBA fee for studying in Australia?

The average first-year tuition fee for pursuing MBA in Australia is AUD 40,518.69, and the average living expenses can cost up to AUD 12892.31. 

Is it hard to get a work visa to Australia?

Australians are pretty open to accepting talents and skills from across the globe in their country. In fact, with new developments, students enrolled in PG courses (Coursework or Research) are eligible for up to five years of stay-back option.

Gauri Agrawal

Sr. Content Writer

Gauri Agrawal is a passionate, professional and proactive content marketer who wants to grow in the field of content creation. She carries a rich experience of working in the Digital News sector with renowned names like Times Now Digital, and News X as a Copy Editor.

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