Macquarie Business School is one of the top business schools in Sydney, founded in 1969. It offers degree programs and short term courses. MBA and Master of Applied Finance are some flagship courses of this business school to study in Australia. Macquarie University is good for MBA since its MBA program is ranked #100-110 in QS Global MBA ranking, 2024. It is ranked #28 for Masters in Marketing in QS World University ranking 2024. It is also ranked #39 for QS Masters in Finance ranking, 2024. Macquarie University Global MBA costs AUD 60,000 (INR 33,03,209.68).
Macquarie Business School admissions are offered for MBA applications in 4 terms a year. Term 1 is from 9 January to 26 March, term 2 is from 3 April to 18 June, term 3 is from 26 June to 10 September and term 4 is from 18 September to 25 November. There is no early acceptance available for admission.For ELP, candidates need to submit PTE, IELTS, TOEFL scores. Macquarie Business School offers various scholarships for international students. Eligible students can get scholarships up to AUD 10,000 (INR 5,54,820.07) while studying at this university.
The average annual Macquarie graduate salary is AUD 186,000 (INR 1,03,19,280). Commonwealth Bank of Australia, Adshel, Foxtel, National Australia Bank are some top recruiters of this business school. Macquarie Business School has a widespread network of 95,000 alumni. Preeti Bajaj, Steve Worrall, Melanie Silva are some notable alumni of Macquarie Graduate School of business.
- Why to Choose MBS
- MBS Ranking
- MBS Acceptance Rate
- MBS Courses and Fees
- MBS Application Deadline
- MBS Application Process
6.1 Documents Required for MBS - MBS Entry Requirements
- MBS Cost of Living
8.1 MBS Extracurricular Activities - MBS Scholarships
9.1 MBS Internships
9.2 MBS Notable Alumni - MBS Job Outcomes
- FAQs
Why to Choose Macquarie Business School
Is Macquarie good for business? International students choose Macquarie Business School for its multiple special reasons. One thing special about Macquarie University is, it has the most high-tech library in Australia and the first and only not-for-profit hospital on a university campus. Macquarie University is best known for its postgraduate business programs that produce the most sought after professionals in the world. It is ranked #8 in Australia by QS World University ranking 2024 for Employment outcomes. MGSM (Macquarie Business School) is also Australia’s leading institution for providing flagship courses in 11 disciplines. The core values of Macquarie University are scholarship, integrity, and empowerment. This university also believes that learning, inquiry and discovery improves lives. There are many other reasons why students select this university to pursue higher education in Australia. Some reasons are
- Students get the chance to study with a diverse student body coming from all over the world
- Macquarie Business School offers the best combination of professional recognition, quality of teaching and option to engage with fellow students
- Macquarie MBA has a lot of project works based on real life situations
- Students get to use data analytics and digital tools to inform decision-making
- Candidates can develop hard and soft skills through a strong academic foundation
Macquarie Business School Ranking
Macquarie University is one of the top universities in Australia. This university’s business school is internationally recognized and ranked by top agencies like QS, THE, Financial Times and others. It is 1 of only 2 Australian business schools in the global top 100 as per CEO Magazine 2023. Macquarie MBA is ranked among the world’s top 100 MBA programs. Macquarie Business School QS ranking and subject-wise rankings are given below:
Macquarie Business School Acceptance Rate
Macquarie University has a moderately selective admission process. It is easy to get admission in Macquarie University since the acceptance rate is 54%. Some other details of enrolled students are listed below
- Total students: More than 44,000 (total)
- International students: 27% from 100 countries
- Minimum Macquarie University MBA GMAT score of 650
Macquarie Business School Courses and Fees
Macquarie University is a level 1 university in Australia. Macquarie Business School is famous for courses like MBA, Masters of Applied Finance, Master of Management and others. Macquarie MBA cost is AUD 44,500 (INR 24,68,949.32) for the first year. The tuition fees in Macquarie University range from AUD 27,200 to 47,600 (INR 15,09,110.60–26,40,943.55). Tuition fees of some other popular of Macquarie Business School courses and fees are given below
| Programs | Annual Tuition Fees |
| Macquarie Business School MBA | AUD 44,500 (INR 24,68,949.32) |
| Master of Applied Finance | AUD 47,600 (INR 26,40,943.55) |
| Macquarie Master of Management | AUD 43,200 (INR 23,96,822.71) |
| Global Master of Business Administration (online only) | AUD 27,200 (INR 15,09,110.60) |
| Master of Banking and Finance | AUD 43,200 (INR 23,96,822.71) |
| Master of Business Analytics | AUD 43,200 (INR 23,96,822.71) |
| Master of International Business | AUD 43,200 (INR 23,96,822.71) |
| Master of Marketing | AUD 43,200 (INR 23,96,822.71) |
| Master of Accounting | AUD 43,200 (INR 23,96,822.71) |
| Master of Professional Accounting | AUD 43,200 (INR 23,96,822.71) |
NOTE: AUD 1= INR 55.48 as on December 2, 2023
Macquarie Business School Application Deadline
The intakes for Macquarie University are session 1 and session 2 intakes in Australia. Postgraduate programs have semester wise intakes and MBA programs have term-wise intakes. The late fee for Macquarie University is AUD 150 (INR 8,322.30). The application deadlines for MBA programs are as follows.
Macquarie Business School Application Process
Macquarie University application takes up to 5-7 working days, provided that students have submitted all the required documents with their application. Some MQ offers are unconditional, meaning applicants are allowed for direct entry to the intended session. Besides this, Macquarie Business School also offers conditional and package admission offers. Macquarie University has a GTE (Genuine temporary entrant) interview. The process of how to apply to Australian universities are as follows
- Find a course
- Check entry requirements
- Check scholarship eligibility
- Fill out the application form and upload relevant documents.
- Accept offer letter
- Apply for Australia student visa
Documents Required for Macquarie Business School
The academic requirements for Macquarie University are Grade C or Second-Class Honors equivalent to 50% in an Indian undergraduate degree and WAM 60 (Weighted average marks) as per Australia Grading system. International students need to submit some documents while applying for admission to Australian universities. The list of Macquarie University MBA requirements are as follows
Macquarie Business School Entry Requirements
International students need to have qualifying scores in English language proficiency to be eligible for admissions. PTE, IELTS, TOEFL are some exams to study in Australia. The minimum score requirements for Macquarie Business School are mentioned in the table below.
| ELP Exam | Score Required |
| PTE score | 58 |
| TOEFL iBT | 83 |
| IELTS for Australia | 6.5 |
| GRE | Not required |
| GMAT | 650 |
Macquarie Business School Cost of Living
The cost to live on campus at Macquarie University ranges from AUD 24,980 to 49,160 per year (INR 13,85,890.40 to 27,27,396.80). Macquarie University students live in Central Courtyard accommodation offered by the university. International students can consider the below-mentioned estimations for the cost of living in Australia.
| Particulars | Annual Cost |
| Accommodation | AUD 10,400–26,000 (INR 5,77,012.88–14,42,532.19) |
| Gas, electricity | AUD 1300–2080 (INR 72,126.61–1,15,402.58) |
| Mobile phone plan | AUD 6000 (INR 3,32,892.04) |
| Food and groceries | AUD 5,200–13,000 (INR 2,88,506.44–7,21,266.09) |
| Take away food | AUD 1040 (INR 57,701.29) |
| Lunch on campus or in café | AUD 1040 (INR 57,701.29) |
NOTE: AUD 1= INR 55.48 as on December 2, 2023
Macquarie Business School Extracurricular Activities
Macquarie Business School engages its students in many societies and groups. Macquarie University has more than 90 students and sports groups. Some groups for Macquarie University students are given below:
- Macquarie University Indian Society
- Tamil Sangam
- A Cappella Society
- AnimeMQ
- Automotive Society
- Chess Society
- Community Garden Club
- Dance Academy
- Debating Society
- DRAMAC
- Grapeshot
- K-POP Society
- Harry Potter Society
Macquarie Business School Scholarships
Macquarie University offers scholarships to international students. Macquarie University does not offer full scholarships, however students can avail scholarships up to AUD 10,000 (INR 5,54,820.07) and 10% tuition fee discount. Macquarie Business School Leadership and Achievers is a scholarship amounting at AUD 10,000 (INR 5,54,820.07) per year for up to 5 years. This is a stipend based scholarship. Some other scholarships in Australia for international students are tabulated below
| Scholarship | Eligibility | Award |
| Macquarie University Alumni Scholarship | Macquarie University alumni international students for postgraduate studies | 10% off on total tuition fee |
| Macquarie University-ANU Alumni Postgraduate Support Scheme | High achieving international students | 10% tuition fee discount |
| Medibank Postgraduate Coursework Scholarship | High-performing international students at the Macquarie University | AUD 2500 (INR 13,87,050.18) |
| India $10,000 Early Acceptance Scholarship | Indian students who commence their studies in 2024 and 2025. | AUD 10,000 (INR 5,54,820.07) per year for standard course duration |
| Vice-Chancellor's International Scholarship | Academic excellence and high performing students to study at Macquarie University | AUD 10,000 (INR 5,54,820.07) one time |
NOTE: AUD 1= INR 55.48 as on December 2, 2023
Macquarie Business School Internships
Internships are a great way to develop transferable skills and to apply what a student has studied in a workplace environment. Through internships, students can also do a part-time job in Australia. To get an internship at Macquarie University, students can search for paid internship opportunities through
- Employability Connect (Macquarie's online job board)
- Job websites
- Grad Connection
- Grad Australia
- ACS Foundation Scholarship
- Student Internships
- Directly contacting employers in field of interest
- Using an own network and employer on campus presentations
Macquarie Business School Notable Alumni
Macquarie Business School is located in one of the best Australian cities, Sydney, as it has the best infrastructure and more accommodation options. Macquarie University has a global community of more than 95,000 alumni. Given below are some of the notable alumni of the university
| Alumni | Famous for |
| Andrew Scipione | NSW Police Commissioner |
| Melanie Silva | Managing director and VP, Google Australia & New Zealand |
| Rob Scott | Chief Executive Officer at Wesfarmers |
| Preeti Bajaj | CEO & managing director at Luminous Power Technologies (P) Ltd |
| Steve Worrall | managing director at Microsoft Australia and New Zealand |
| Sue Horlin | Managing Partner, Sydney at PwC Australia |
| Adam Driussi | Co-Founder and CEO, Quantium |
Macquarie Business School Job Outcomes
After graduating from Macquarie Business School, students can get MBA jobs in Australia as Accountant, Marketing Coordinator, Marketing Manager and others. The highest average salary that Marketing Managers earn is AUD 127,000 (INR 70,46,214.93) per year. Average annual salary of these job roles are tabulated below
| Job Title | Average Annual Salary |
| Accountant | AUD 59,808 (INR 3318267.89) |
| Marketing Coordinator | AUD 57,351 (INR 31,81,948.60) |
| Assistant Accountant | AUD 51,392 (INR 28,51,331.32) |
| Financial Accountant | AUD 78,987 (INR 43,82,357.31) |
| Tax Accountant | AUD 59,782 (INR 33,16,825.36) |
| Marketing Assistant | AUD 49,355 (INR 27,38,314.47) |
| Marketing Manager | AUD 85,474 (INR 47,42,269.09) |
The above-mentioned details can be considered for Macquarie Business School. Admission requirements, application deadlines, cost of living all are discussed above. Macquarie Business school average package is AUD 186,000 (INR 1,03,19,280). Macquarie Business School MBA fees is AUD 60,000 (INR 33,03,209.68). Macquarie Business School acceptance rate is 54%.
FAQs
Ques: Is Macquarie University good for MBA?
Ans: Yes, Macquarie University is good for MBA as it is an internationally recognized degree with an average annual salary of AUD 70,000 (INR 38,83,740.51).
Ques: What is the ranking of Macquarie Business School?
Ans: The ranking of Macquarie Business School is #1 in Financial Times Global MBA Ranking. It is 1 of only 2 Australian business schools in the global top 100 as per CEO Magazine 2023
Ques: What is the acceptance rate for Macquarie MBA?
Ans: The acceptance rate for Macquarie MBA is around 40%. International students need to have a GMAT score of minimum 650 for admission to MBA programs.
Ques: How much does Macquarie University Global MBA cost?
Ans: Macquarie University Global MBA costs AUD 60,000 (INR 33,03,209.68) for the standard duration of the program. The first year tuition fee is AUD 27,200 (INR 15,09,110.60)
Ques: Is Macquarie University a Tier 1 University?
Ans: Yes, Macquarie University is a tier 1 university in Sydney, Australia. Macquarie Business School is also one of the top business schools in Australia.
Ques: Is Macquarie University worth it?
Ans: Yes, Macquarie University is totally worth it with its world-class teaching techniques, high-tech library, lower tuition fees and good graduate job outcomes.
Ques: Is it easy to get into Macquarie?
Ans: Yes, it is somewhat easy to get into Macquarie since it has a moderately selective admissions process with an acceptance rate of 54%.
Ques: How can I go to Macquarie University from India?
Ans: To go to Macquarie University from India, students need to submit an online application with the required documents attached to it. Applicants can also apply through an authorized admission agent.
Ques: Does Macquarie University require GMAT for MBA?
Ans: Yes, Macquarie University requires GMAT for admission to MBA programs. The minimum score required is 650.
Ques: How much is the tuition fee in Macquarie University?
Ans: The tuition fee for Macquarie University's graduate school of management ranges from AUD 27,200 to 47,600 (INR 15,09,110.60–26,40,943.55).
Ques: What programs does Macquarie Business School offer?
Ques: How can I apply for admission to Macquarie Business School?
Ques: Are there scholarship opportunities available for students at Macquarie Business School?
Ques: Can international students work part-time while studying at Macquarie Business School?
Ques: What support services does Macquarie Business School provide to its students?
Ques: Is there an internship or work experience component in Macquarie Business School programs?
Ques: Can I transfer credits from another institution to Macquarie Business School?
Ques: What distinguishes Macquarie Business School from other business schools?
Ques: Are there opportunities for global exposure or exchange programs at Macquarie Business School?
Ques: How is the alumni network at Macquarie Business School beneficial for graduates?
