Why Study MBA in Australia?
Why Study MBA in Australia?
There are several fundamental reasons why you should get an MBA. There are 2 main reasons why it is better to get an MBA in Australia. First, the MBA in Australia is becoming more and more prestigious. Secondly, only Australia offers students a lot of advantages.
Let’s start with what a “prestigious” MBA is. Of course, you can get a degree by studying through the Internet. Naturally, you can enter a school unfamiliar to the broad masses. However, does this prospect suit you? Such a degree is worth no more than the paper on which it flaunts. Therefore, there is no obvious reason for the employer to offer you an impressive salary. There is only one way out: to enter well-known accredited schools. There is a “small” but: it is quite difficult to enter the leading schools. The first obstacle will most likely be tests: for example, the average GMAT score at Stanford is 710. Also, prepare mentally for a “pleasant” surprise: the cost of education.
Multiply this cost by 2 and you get the amount that you will have to pay for education in a prestigious US school. You can apply to Europe, you object. Of course, you can: the duration of the program is really shorter, but accommodation can be more expensive. Not impressive? Then turn your attention to Australia. The duration of the program is 16 months, the living conditions are excellent, the requirements for the GMAT score are minimal, the position of the schools in the rankings is leading.
Why such a paradox? Let’s turn to history. Australia has inherited British traditions in many ways, and business education is no exception. That is why the prestige of the old Australian universities is equal to the English ones, when it comes to teaching methods and standards.
To date, 55 Australian universities offer the MBA. In the best of them, the teaching method is based on Harvard: many cases and few lectures. Programs can be either 16-month or 2-year. Students can also choose the form of study: there are both full-time and part-time.
The best Australian programs are truly international. For example, within the walls of the Graduate Schools of Management, you can meet students from more than 30 countries around the world.
Other benefits of studying in Australia are: The first is location. Australia favorably combines the traditions of Britain with the traditions of the East, which concerns not only education, but also business. After graduating from business school, you will be accepted both in London and in Hong Kong.
The second is the Australian economy. Surprisingly, this country combines rapid development with low inflation. This is a consequence of the ongoing reforms (since the 1970s) of the Australian government. Where else, if not in this country, you can learn this?
The third is nature. Australia has something to brag about: at least luxurious beaches that attract tourists from all over the world. Therefore, if you do not have enough useful acquaintances in the audience of a business school, you can easily fill this gap on the beach.