How much does a masters cost in Australia?

Worldwide students choose Australia as their preferred location to receive excellent education. The pursuit of a Masters in Australia brings international students valuable education from respected institutions plus exciting social activities and valuable career options.

Indian students prefer Australia because of its diverse culture along with strong programs that support students throughout their studies.

This blog brings together important information about getting a Master's degree in Australia through a detailed analysis of education expenses, intakes in Australia, Australian universities for ms and basic program elements.

Why Study a Master’s in Australia?

1. World-Class Education: Many Australian universities stand as high performers on global education ranking boards. Australian universities demonstrate excellence in education through their well-known ranks: the University of Melbourne, Australian National University, and University of Sydney.
2. Diverse Courses: Australian universities deliver extensive Master's programs in Business, Engineering, IT and other fields to fulfill the worldwide job market demands.
3. Post-Study Work Opportunities: The post-grad work visa program in Australian universities for ms gives students a chance to earn work experience throughout the world.
4. Cultural Diversity: Australian education benefits from international students who come from 190 different nations to create a rich learning culture.
5. Strong Indian Community: The Indian students adjust well to life in Australia due to the active Indian population and many community activities.

Cost of Pursuing a Master’s in Australia

1. Masters in Australia cost

Universities charge different prices based on your chosen course. Here’s an approximate range to do Masters in Australia:

• Business/Management: AUD 30,000 - AUD 50,000 per year
• Engineering/IT: AUD 28,000 - AUD 48,000 per year
• Healthcare/Nursing: AUD 32,000 - AUD 55,000 per year
• Arts and Humanities: AUD 25,000 - AUD 40,000 per year

2. Living Costs

According to the Australian Government international students should plan to spend AUD 21,041 each year on their necessities. This includes living cost to do Masters in Australia:

• Accommodation: AUD 9,000 - AUD 15,000 per year
• Food and groceries: AUD 5,000 - AUD 7,000 per year
• Transportation: AUD 1,500 - AUD 3,000 per year
• Miscellaneous: AUD 3,000 - AUD 5,000 per year

3. Additional Costs

• Health Insurance (OSHC): AUD 450 - AUD 600 per year
• Visa Application Fee: Approximately AUD 630

Intakes in Australia

Australia Intakes in 2025 universities typically have two main intakes to do Masters in Australia:

February Intake (Semester 1):

• Application Deadline: October-November of the previous year

July Intake (Semester 2):

• Application Deadline: April-May

Selected Australian universities for Masters enable students to join in November for specific courses. Check each university's exact timeline for different courses you are interested in pursuing.

Top Universities for Master’s in Australia

Here are some of the Top Universities in Australia offering master's degrees:

• University of Melbourne
• Global Ranking: #34 (QS World Rankings 2024)
• Popular Courses: Data Science, Business Analytics, and Law
• Australian National University (ANU)
• Global Ranking: #30
• Popular Courses: Public Policy, Economics, and Environmental Science
• University of Sydney
• Global Ranking: #41
• Popular Courses: Healthcare, IT, and Arts
• University of Queensland (UQ)
• Global Ranking: #43
• Popular Courses: Biotechnology, Business, and Engineering
• Monash University
• Global Ranking: #42
• Popular Courses: Pharmacy, Education, and Business

Scholarships for Indian Students

Australian universities offer various scholarships to ease the financial burden to do Masters in Australia:

1. Australia Awards Scholarship
2. Destination Australia Scholarship
3. University-Specific Scholarships (e.g., Melbourne International Research Scholarship, UNSW International Scholarships)
4. Government Scholarships like the Endeavour Postgraduate Scholarship

Conclusion

Getting your Masters in Australia will help you build a better life ahead. The education quality of Australian institutions blends with its multicultural setting and job market abundance to help Indian students reach global success.

Success in securing an Australian university place requires careful financial preparation plus selecting an appropriate institution while meeting all application schedule requirements.

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