All you need to know about MS in Australia Costs

MS in Australia cost

Home to over 40 leading universities, Australia  is fast becoming one of the most preferred global study abroad destinations. With more than 22,000 courses to pick from, there are around 700,000 international student pursuing higher education in Australia. Among many other programs why international students prefer Australia, MS in Australia is a popular one. 

MS in Australia is  one or two-year degree and after completion of which students are eligible for one-year post-study work visa. Completion of MS degree may require 1-2 years and MS in Australia costs ranges between AUD 20,000-50,000. During the year 2018, 95,156 students were enrolled for Master’s programs as per the Department of Education, Australia, indicating the popularity of these courses. More than 75% of students chose Management, Engineering and Information Technology as their preferred courses. 

Read More: Jobs Opportunities in Australia after MS in computer science

MS in Australia Cost- Why You Should Study Here 

Australia offers a conducive environment for high-quality education, training and research, being the third most popular destination for studying abroad. The MS in Australia costs are comparatively affordable along with the lower MS fees in Australia, students can expect a superlative educational framework in the country based upon the British Educational System for Higher Education. MS is offered as a professional Master’s program or research program in the country. 

International students doing MS in Australia are also allowed to work for up to 20 hours every week during a particular semester. Universities in Australia offer excellent opportunities for gaining more experience while completing the course. There is a great support system for students provided by ESOS Act (Education Services for Overseas Students) in Australia. This helps in safeguarding rights of international students in the country. The Government of Australia also deploys close to 300 million AUD for providing 3,000 scholarships to students across 55 countries. 

Read More Resources About Australia:

MS Fees at Top Institutions in Australia 

The average cost of Masters in Australia ranges between 20,000-50,000 AUD as per estimates. Here’s taking a closer look at the approximate Masters in Australia cost at leading institutions and universities in Australia.

University

2020 Ranking QS Ranking (2020) International Student Percentage (2019 Batch) Popular Course Program Fees (AUD)
University of Melbourne 32 38 46% MS in Computer Science 91,700
Australian National University 50 29 44% Masters of Computing 91,200
University of Sydney 60 42 39% MS in Mechanical Engineering 69,000
University of Queensland 66 47 34% MS in Computer Science 69,000
UNSW Sydney 71 43 41% MS in Mechanical Engineering 98,000
Monash University 75 58 39% MS in Information Technology 67,000
University of Adelaide 120 106 29% MS in Civil & Structural Engineering 59,000
Queensland University of Technology 179 224 16% MS Information Technology 69,400

Here’s looking at a course-wise structure in Australia:

Program

Average Duration Popular Universities Average Program Fees (AUD)
MBA in Australia 1-2 years Melbourne B-School 45,000-93,000
AGSM B-School
Monash B-School
LaTrobe B-School
RMIT B-School
MS in Computer Science & IT 1.5-2 years Monash University 38,000-91,000
University of New South Wales
University of Melbourne
University of Queensland
Masters in Engineering 1.5-2 years University of New South Wales 18,000-50,000
Monash University
ANU
University of Queensland
MS Environmental Sciences 1-2 years University of Queensland 30,000-70,000
ANU
University of Western Australia
University of New South Wales
MS Finance 1-2 years University of Sydney 70,000-106,000
University of Melbourne
UNSW
UTS
MS Nursing 1.5-2 years UTS 60,000-80,000
University of Sydney
Monash University
Deakin University

Important Resources to Read About Australia:

Cheapest Masters degree in Australia

Australia offers the highest quality education with courses available at very reasonable costs, thus making education affordable for everyone. There are various master’s degrees in Australia making up for affordable options. If you plan to migrate to Australia to pursue an MS degree, here is the data provided in the tabular form for master’s in Australia cost to follow:

University/College

First year fees
Charles Darwin University

INR 8,88,700

Griffith University

INR 10,69,521
James Cook University

INR 10,82,085

Victoria University

INR 8,17,530
University of Canberra

INR 11,38,771

Charles Sturt University

INR 11,00,299

Disclaimer! All course fees are approximate amounts subject to change depending on various conditions.

Health insurance cost in Australia

Having one’s health insured during one’s stay in Australia is mandatory as an international student. Australia’s medical expenses are slightly high, making health insurance compulsory for international students. To manage all emergencies, you must sign up for Overseas Student Health Cover (OSHC) and keep it updated.

What is Overseas Student Health Cover?

OSHC helps international students subscribe to hospital and medical bills during their stay in Australia. The cover includes access to a few pharmaceuticals and help during medical emergencies. However, it does not cover general health treatment, for example- dental, physiotherapy, and more. You can subscribe to other public health care plans or contact your OSHC provider for extra coverage. 

Five providers are offering Overseas Student Health Cover and they are as follows:

OSHC

Cost
Bupa Insurance

$516 (INR 38681) 

nib

$479 (INR 35907 )
Allianz Global Assistance

$529 (INR 39655 )

ahm Health Cover

$478 (INR 35832 )
Medibank

$516 (INR 38681)

Obtaining an Australian student visa becomes mandatory to have an OSHC. As an international student, you are  free to purchase insurance plans based on your requirements.

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Australian Student Visa Cost

To obtain an Australian student visa, applicants must submit the visa application and a fee charged against it. The Australian student visa fee in Indian rupees is INR 34,313. On  successful submission  of the application, the applicants will have to appear for the interview. Please note that the applicants must have a university acceptance letter while submitting a student visa application. The program that an applicant is applying for should be listed on the Commonwealth Register of Institutions of Courses to be eligible to migrate to Australia to pursue a master’s.

In Australia, there are various visa subclasses, and as an applicant, you are required to apply for the specific visa that meets your requirements. For applicants migrating to Australia to pursue higher studies, Australian Student Visa Subclass 500 is mandatory. No matter which course the applicant has opted for, Subclass 500 is required.

Proof of funds

Proof of funds is one of the basic requirements to show while applying for a student visa. All the applicants must show evidence that they can support themselves during their stay in the country. Universities may ask you to provide proof of funds after sending the admission letter. You will have to maintain a balance of INR 10,57,595 per year.

Exams cost to be eligible to study in Australia

All the international students will have to register for a few necessary exams to be eligible for Australian universities. These exams include language proficiency tests GMAT/GRE if one applies for MBA or MTECH, respectively. You can register for these exams online and submit the registration fees online via credit/debit card. Listed below are the exams along with the registration fees-

Exam

Fees
IELTS

INR 14,700

TOEFL

INR 11,468- INR 17,919
PTE

INR 13,300

ACT

INR 11,571-12,429
GMAT

INR 18,300

CAE

INR 6,000
MCAT

INR 23,400

LSAT

INR 3,799
ISAT

INR 7,990

UMAT

INR 17,833

Scholarships for International Students in Australia

The country offers numerous scholarships to attract international students across the globe. Maximum students are flocking towards Australian Universities as the living standards in Australia are pretty high. To keep up with the living standards, sufficient funds become a necessity. Some students resort to different scholarships to keep pace with the high living standards and afford the educational fee. There are two kinds of scholarships available in the country-

  •   Australian Government Awarded Scholarships
  •   Scholarships awarded by Australian Universities

Mentioned below is a list of scholarships awarded to students-

Scholarships

Expenses covered ( INR) 
Australian Award Scholarship

Full tuition fees

Return flight tickets

Establishment allowance paid only once to meet the requirements of books, study materials and cost of accomodation

Living expenses covered 

Overseas Student Health Cover

Endeavour Postgraduate Scholarship Award

Full tuition fees

Travel allowance of INR 1,60,087

Establishment allowance of INR 2,13,407

Fixed monthly stipend of INR 1,60,087

Travel and health insurance

Sydney Achievers International Scholarships by University of Sydney

INR 5,33,552 per annum for entire course duration
Melbourne International Research Scholarships by University of Melbourne

Living allowance

Thesis allowance

paid maternity, sick and parenting leaves

Overseas Student Health Cover

La Trobe Academic Excellence Scholarships for International Students by La Trobe University

INR 5,33,552- INR 10,67,862 payable towards the university tuition fees for 2 semesters

Disclaimer! All course fees are approximate amounts subject to change depending on various conditions.

Maximum scholarships offered in Australia cover living expenses as well as flight tickets which will help you save a lot of expenditure during your stay. There are various scholarships apart from these; apply for one that provides maximum benefits.

Return on Investment after doing MS from Australia

As mentioned, MS in Australia is one of the most sought after courses globally, attracting thousands of international students every year from India and other countries. Australian Immigration policies are structured to offer maximum flexibility for international students.

Here is the list of top Australian universities for jobs after doing an MS in Australia. You can compare the university fees and the job package and understand the quality of education offered in the country and the ROI you’ll get. 

MS Specialization

Popular universities offering the degree Program fees Annual salary package offered

MBA

Melbourne Business School, Monash Business School, The University of Queensland, Macquarie Business School, LaTrobe Business School INR 24,02,713- INR 50,00,000

INR 50,00,000- INR 1,01,00,000

Engineering

Monash University, University of Queensland, Monash University, University of New South Wales INR 9,60,729- INR 26,68,325 

INR 36,00,000- INR 69,03,138 

Information Technology and Computer Sciences

University of New South Wales, Monash University, University of Queensland INR 20,26,727- INR 48,54,208

INR 75,18,917- INR 48,45416

Nursing

University of Sydney, Deakin University, Monash University, UTS INR 32,00,757- INR 42,67,676

INR 31,47,813- INR 60,00,000

Disclaimer! All course fees are approximate amounts subject to change depending on various conditions.

Cost of living in Australia

Australia is a developed nation offering the highest quality of life to its residents. The country also ranks amongst the top 10 countries in the quality of life index and human development index. The kangaroo land is a heaven for professionals as the salary packages offered are pretty high compared to other countries. However, Australia is quite affordable for students if one knows how to manage the expenses.

Here’s a list of living expenses in Australia for international students-

On-campus accommodation fees

INR 45,000 per month
Independent apartment

INR 39,000- INR 90,000 per month

Transportation charges

INR 11,800 per month
Basic amenities charges

INR 30,000 per month

Food

INR 25,000- INR 50,000 per month
Flight tickets

INR 40,000- INR 75,000 (one way)

Post-study work visa in Australia 

There are two types of post-study work visas offered in Australia. 

Post-study work stream

This visa is for students with bachelor’s, master’s, or doctoral degrees from any recognized Australian university. Students who applied for the student visa after November 2011 are eligible for this visa. Your post-study work visa tenure will depend on the degree you have gained.

 Graduate work stream

This visa will be given to students who meet all the Australian study requirements and hold eligible qualifications and skills to occupations listed on the SOL (Skilled Occupation List). The Graduate work stream visa is generally for students applying for the vocational education or training qualification. The duration of this visa is 18 months.

Please note that students graduating with a master by research degree will get a post-study work visa with three years of validity. 

Part-time work opportunities for international students

Some of the universities in Australia offer off-campus and on-campus work opportunities for students. Here are some of the fields international students can look forward to for part-time jobs- 

  1.   Waiter, bartending, etc
  2.   Agricultural work
  3.   Tutoring
  4.   Telemarketing
  5.   Administration
  6.   Libraries

The legal hourly salary for part-time jobs in Australia with no specific skill-set will be around INR 959. However, if you have a particular set of skills for the required field, you can easily earn around INR 2,666 to INR 4,464 per hour.

Having a part-time job will save you a lot of budgets and help you get extra credits. Maximum international students opt for a part-time job to manage additional expenses and afford the Australian quality of life. 

Rules for international students applying for part-time jobs

International students can work up to 20 hours during semesters and full-time during the official holidays. The students will also have to register in a degree program approved by the government of Australia. Also, having an Overseas Student Health Cover is mandatory to be eligible to work.

Taxes for international students in Australia

Any student with a permit to stay in the country for more than six months will be considered an Australian resident. This is because of tax reasons. If an international student is doing a part-time job in Australia and earning INR 13,40,050 or more, they will have to pay fiscal tax for the year ending as per country rules.

You can also take a unique route towards studying MS in Australia with a comparatively lower cost and more flexibility courtesy of platforms like upGrad Abroad. You can save on tuition fees greatly while benefiting from end-to-end support and assistance with all aspects including visa applications, admissions and others. 

 

Also Read:
How Much Gap Is Acceptable for Study in Australia?
Eligibility Criteria for Masters (MS) in Australia
How to settle in Australia from India?
Australian Visa Subclass 190
Australian Visa Subclass 189

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