Great question! Studying for a Master’s in International Business in Australia—especially in popular cities like Sydney and Melbourne—is a fantastic choice, as these cities are home to many top-ranked universities and offer vibrant student lifestyles.

1. Tuition Fees

For a Master’s in International Business, tuition fees typically range between AUD 32,000 to AUD 50,000 per year. Here’s a quick overview of popular universities in Sydney and Melbourne:

Sydney

- University of Sydney: AUD 50,000 – 53,000 per year (approx.)
- University of New South Wales (UNSW): AUD 48,000 – 50,000 per year (approx.)
- Macquarie University: AUD 40,000 – 45,000 per year (approx.)

Melbourne

- University of Melbourne: AUD 48,000 – 52,000 per year (approx.)
- Monash University: AUD 44,000 – 47,000 per year (approx.)
- RMIT University: AUD 38,000 – 42,000 per year (approx.)

Note: Fees vary by university and program duration (usually 1.5–2 years).

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2. Living Expenses

As per Australian government recommendations, international students should budget for approximately:

- Sydney & Melbourne:
AUD 1,800 – 2,200 per month (covers accommodation, food, transport, utilities, personal expenses)
- Per year: AUD 21,600 – 26,400

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3. Other Costs

- Overseas Student Health Cover (OSHC): AUD 500 – 700 per year
- Student Visa Application Fee:
- From 1st July 2025: AUD 2,000 (main applicant), AUD 1,225 (spouse/dependent partner), AUD 400 (per dependent child)
- Textbooks & Study Materials: AUD 500 – 1,000 per year
- Flight Tickets: AUD 600 – 1,200 (one way, depending on season and booking time)

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4. Total Estimated Cost (1 Year)

- Tuition (average): AUD 45,000
- Living Expenses: AUD 24,000
- Other Fees (visa, insurance, etc.): ~AUD 2,500
- Total: AUD 71,500 (approx. for one year)

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5. Scholarships

Many universities offer scholarships for international students, which can range from partial tuition waivers to full scholarships. Pollster Education can guide you on suitable scholarship options and application processes.

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6. Work Opportunities

- As a student visa holder, you can currently work up to 48 hours per fortnight during study periods (and unlimited hours during breaks).
- Both Sydney and Melbourne offer numerous part-time job opportunities.

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Next Steps

If you’d like tailored recommendations on universities, scholarship options, admission requirements, or guidance on the application process, please let us know!
You can also visit us at our Mumbai office or contact us at +919324480791 / info@pollstereducation.com for personalized counseling.

Would you like details on specific universities or help with your application?