Australian degrees have worldwide acceptance and respect
Despite all the negative publicity in the last few years, Australia still remains one of the best education destinations for Indian students. Not only does the country provide a range of undergraduate, postgraduate, vocational and technical programmes at a reasonable cost, but it also comes cheaper than either the US or UK. Not only are its institutions strong on research but the quality of life is also good and the cost of living and education is relatively low. All academic courses that are offered to international students have a CRICOS number assigned to them, indicating the Australian Government Accreditation and Quality control.
What’s more, you can also further reduce expenses with financial aid. But initially you will have to have the necessary funds in order to be eligible for a student visa, you should also be able to show that you can cover the entire cost of living as well as tuition fees and return airfares. The cost of studying in Australia depends on the institute and the course you choose to study. Tuition fees range from A$ 12,000 per annum to A$ 60,000 per annum. Annual living costs are usually in range of A$ 12,000 to 15000. Living in the centre of the city is of course more expensive than staying in the suburbs.
At the undergraduate level, some universities offer bursaries in the form of fee waivers (25 to 50 per cent of the tuition fee) to students with good academic backgrounds. Some institutions also provide full fee scholarships based on your Class XII marks in four subjects and your IELTS score. It’s important to note that whenever you apply for a loan, it gets assessed by default for loan eligibility and it goes without saying that you must meet the university criteria. Scholarships are even awarded for Masters Degrees.
With proper mechanism in place, Indian students can look forward to Australian MBA programmes, which are popular with foreign students as many B-schools Down Under have won international ranking. Most of these accept the three-year graduation system for entry into the MBA programme. So, the Indian three-year Bachelor’s degree is acceptable, as it is considered equivalent to an Australian Bachelor’s degree. The GMAT is not mandatory and most B-Schools are flexible about this parameter, although it is accepted and recommended by most universities.
A student with a GMAT score will definitely have an advantage. The IELTS score, of course, is mandatory. Some of the best institutions are Australian Graduate School of Management, Melbourne Business School, Macquarie Graduate School of Management, Brisbane Graduate School of Business, University of Queensland and University of Adelaide.
Indian students can choose Australia because the institutions are research-oriented. Moreover, professional courses like engineering and Information Technology are accredited by pertinent professional bodies like Engineers Australia and the Australian Computer Society. The GRE is not mandatory, but the IELTS score is for the purpose of visa application. Streams that are popular with students are mechanical engineering, electrical engineering, telecommunications engineering, chemical engineering, mining, and oil and gas engineering.
Among the others, Hospitality is another sector where Universities provide a plethora of courses where international students can obtain both practical and theoretical skills. Although certain diploma and certificate programmes emphasise practical training, higher education implies completing a real-life research project — something that can give a student some experience in the management decision-making process.