- Benefits of studying Business program
- What to program should you study
- Entry requirements for international students
- Choose your major
- Top universities in Australia for business studies
- Career outcomes after graduation
- Passing the skills assessments
- PR pathway for a business/management degree holders
Business Management, which covers most fields in the business industry, has now become a popular study option for international students in Australia. According to research, nearly 70-80% of international students in Australian institutes are studying business-related programs. As Australian qualification are recognized widely, business graduates are also having the widest career options to work in different industries all over the world.
What are benefits of studying business in Australia?
1. High Rankings
Based on the most recent QS ranking released this year, Australia has 5 universities ranked in the top 50, and 7 universities in the top 100. Australian universities, especially The Go8 (Australia’s top eight universities), are well-known for their teaching quality, facilities and worldwide recognition. Compared to the harsh competition when applying to the UK and the US, students will normally receive a better outcome if they are interested in studying in Australia. Australian universities, including The Go8, have more relaxed entry requirements, but the career outcome is promising.
2. No background requirements
Students who wish to do the Business Management major in Australia don’t have to worry if they have no previous qualification or work experience in a related discipline. Australian colleges and universities offer direct entry to people who have no related background. Students will commence their study and training from the fundamental units to advanced units until they fully understand all the necessary skills for their future career.
3. Multiple start dates
Australian universities will normally have 2 or 3 intakes each year which makes it more flexible for international students to commence their program based on their individual situation.
4. Stay in Australia longer
By studying 2 years or more in a higher education business degree, students will be eligible for a 2-8-year Post Study Working Visa. Graduates can utilise these visa opportunities to get more work experience. For some Business Management graduates, they will also have migration opportunities if they can accumulate required work experience after they achieve their qualifications in Australia.
What business courses might you study in Australia?
- Diploma of Business
A Diploma of Business is usually considered to be at a level below a bachelor’s degree and can be completed in a shorter period of time. It is often sought by individuals who want to gain practical and fundamental business knowledge and skills to enter the workforce or enhance their career prospects.
- Bachelor of Commerce/Business management
A Bachelor of Commerce (B.Com) or a Bachelor of Business Management (BBA or BBM) is a higher education degree program typically offered by universities and colleges. These programs are designed to provide a comprehensive understanding of various business disciplines and management principles. These degrees can open up a wide range of career opportunities in various industries and sectors, including finance, marketing, consulting, entrepreneurship, and more.
- Graduate Certificate in Commerce/Business management
A Graduate Certificate in Commerce or Business Management is a postgraduate qualification that provides individuals with a focused and specialized understanding of specific business disciplines. It’s usually shorter in duration compared to a full master’s degree and is designed for individuals who want to enhance their existing skills or pivot their career in a specific business area.
- Graduate Diploma in Commerce/Business management
A Graduate Diploma in Commerce or Business Management is a higher-level postgraduate qualification that builds on the foundational knowledge gained from a bachelor’s degree or equivalent experience. It offers a more comprehensive and advanced understanding of various business disciplines and is typically shorter in duration compared to a full master’s degree.
- Master of Commerce/Business management
A Master of Commerce or Master of Business Management is a prestigious postgraduate degree that offers advanced and in-depth education in various business disciplines. These programs are designed for individuals seeking to deepen their knowledge, enhance their skills, and potentially advance their careers in the field of commerce or business management.
- Doctor of Philosophy
A Doctor of Philosophy (Ph.D.) in Business is the highest academic degree you can achieve in the field of business. It’s a prestigious and research-focused qualification that involves original and significant contributions to the body of knowledge in business, management, and related disciplines. Pursuing a Ph.D. in Business typically entails several years of intense study, research, and the completion of a doctoral dissertation.
Want to know which course/s best suit your expectation and situation? Contact SOL Edu at [email protected] or fill out the enquiry form! Our team will offer you free consultation and free application process.
What are entry requirements for international students to study business courses in Australia?
- For a Diploma course, normally applicants are required to have completed Year 12 or equivalent and attained IELTS 5.5.
- For a Bachelor’s course, normally applicants are required to have completed Year 12 or a Diploma and attained IELTS 6.5.
- For a Master’s course, normally applicants are required to have completed a Bachelor’s degree and attained IELTS 6.5.
If you don’t meet English requirement for your preferred course? Contact SOL Edu, one of the best education agencies in Brisbane, today! Our team will offer you free consultation and free application process.
What majors might you study for your business degree in Australia?
In Australia, business degree programs offer a wide range of majors or specializations that allow students to focus their studies on specific areas within the field of business. The availability of majors can vary from one university to another, but here are some common majors you might find when pursuing a business degree in Australia:
- Organisational Behaviour
- Marketing foundation
- Business Law
- Business information system
What are top universities in Australia for business studies?
TAFE Queensland – Diploma of Business/Diploma of Leadership and Management
QUT College – Diploma of Business
Griffith College – Diploma of Commerce
NIET – Diploma of Business/Diploma of Leadership and Management
Queensland University of Technology – Bachelor of Business
University of Queensland – Bachelor of Commerce/Bachelor of Business Management
Griffith University – Bachelor of Business
UNSW – Bachelor of Commerce
Torrens University – Bachelor of Commerce
Monash University – Bachelor of Business
Queensland University of Technology – Master of Business
University of Queensland – Master of Commerce/Master of Business
UNSW – Master of Commerce
Torrens University – Master of Business Administration
Monash University – Master of Business
If you want to know which university or college is best suit you, contact SOL Edu today! We will offer you free counselling and free application process!
What are career outcomes after graduation from business courses?
As the Business Management degree covers many related majors in this field, graduates can get diverse career outcomes.
- Human Resource Consultant/Manager
- Marketing Specialist/Manager
- Business Analyst
- Business Development Manager
- Corporate Communications Officer
- Information System Designer/Analyst
- Workplace Innovation Consultant
How to pass skills assessments for business management degree holders in Australia?
For immigration purposes, business management degree holders need to pass a skill assessment assessed by one of approved authorities in Australia. To know which organisation/authority that you should submit your skills assessment for, you need to clarify what is your occupation. Below are two examples of skills assessment criteria.
Category 1: Skills assessment assessed by VETASSESS
If your occupation is Human Resource Advisor (ANZSCO Code 223111) or Recruitment Consultant (ANZSCO Code 223112), the authority to assess your skills assessment is VETASSESS. To have a positive skills assessment outcome, you need to meet the following criteria:
(1) For those who have completed a Bachelor or higher degree with a field highly relevant to the nominated occupation:
- You must have at least one year of post-qualification employment at an appropriate skill level,
- your experience must be undertaken in the last five years,
- you must work 20 hours or more per week, and
- your job must be highly relevant to the nominated occupation.
(2) For those who have completed a Bachelor or higher degree with a field highly that is not relevant to the nominated occupation:
- You must have at least three years of post-qualification employment at an appropriate skill level. However, if you have an additional qualification of at least Diploma level in a highly relevant field, you are required to have two years of experience only.
- your experience must be undertaken in the last five years,
- you must work 20 hours or more per week, and
- your job must be highly relevant to the nominated occupation.
Please note that in case your employment has occurred before you get your qualification, then five years of highly relevant experience are needed, in addition to at least one year of highly relevant employment within the last five years.
Category 2: Skills assessment assessed by Institute of Managers and Leaders (IML)
If your occupation is Human Resource Manager (ANZSCO Code 132311) and Sales/Marketing Managers (ANZSCO Code 131112), the authority to assess your skills assessment is IML. To have a positive skills assessment outcome, you need to meet the following criteria:
- Qualification: Hold a Bachelor’s or Master’s degree comparable to an equivalent AQF qualification.
- Experience: you must be in an occupation related role (e.g., Sales/Marketing Managers, Human Resource Manager) for at least three years; and in the role as Sales & Marketing Manager or Human Resource Manager for at least two out of these three years.
- Other: The applicants also need to demonstrate their currency of industry, management and leadership skills as well as provide detailed information on their tasks, responsibilities, position and the size of their company.
Category 3: Skills assessment assessed by CPA (Certified Practising Accountant), CA or IPA.
If your occupation is Accountant (ANZSCO Code 221111), Management Accountant (ANZSCO Code 221112), Taxation Accountant (ANZSCO Code 221113), External auditor (ANZSCO Code 221213) and Finance manager (ANZSCO Code 132211), the authority to assess your skills assessment is CPA, CA or IPA. To have a positive skills assessment outcome, you need to meet the following criteria:
- Degree: You must have studied enough mandatory competencies for your occupation, hold at least an Australian Bachelor’s Degree accredited by CPA
- Educational knowledge: Your course majors must be one of the followings: Accounting systems and Processes, Business Law, Economics, Financial Accounting and Reporting, Finance and Financial Management, Management Accounting, Quantitative Methods.
- English proficiency: You must obtain at least overall 7.0 IELTS with no band score under 7.0, or you have completed a professional year in accounting.
Want to know if your qualification and work experience are eligible for a migration skill assessment? Contact SOL Edu today at [email protected] or fill out the inquiry form. Our team will reach out to you within 24 hours at the latest!
What is the PR pathway for a business/management degree holders?
Step 1: Apply for a 485 visa
After completing at least 2 years Computer Science Course, you are eligible to apply for visa 485 (Post Graduate Work Stream). You are required to have at least IELTS 6.0 (no band less than 5) to apply for this visa.
Under visa 485, you can stay in Australia for 2-8 years depending on your degree. Thus, you will have more time to prepare yourself for permanent residence (PR) or a temporary visa that can lead to a PR.
Step 2: Apply for a PR or a visa that can lead to a PR
After successfully completing an accredited business management course in Australia, you’ll find numerous pathways to facilitate your migration to the country. Depending on both your chosen course and your occupation, you might be eligible for one or more of the following visa options:
- 189 – Skilled Independent (subclass 189) – is a points-tested visa, allowing you to live and work permanently in any state or territory in Australia. The minimum score that you are required to be considered for a visa invitation is 65, but you may need a higher score to increase your chance of getting an invite.
- 190 – Skilled Nominated (subclass 190) – is a permanent residence visa but you need a nomination from one of Australian states or territories to apply for this visa. Each state may have its own occupation list and additional requirements, so you must investigate if you meet all the state’s eligibility criteria before asking for a nomination.
- 491 – Skilled Work Regional (provisional) visa (subclass 491) is not permanent, but it can lead to a PR (visa 191). You must commit to stay and work in your nominating regional Australia for a minimal period of time and achieve at least 65 points to be apply for this visa.
- 186 – Employer Nomination Scheme visa (subclass 186) – allows you to work and stay indefinitely in Australia. To be eligible for this visa, you must be nominated by an approved employer and have at least 3 years of work experience and pass the skill assessment.
- 482 – Temporary Skilled Shortage (subclass 482) Medium Term Stream – allows you to stay and work in Australia for up to 4 years. To apply for this visa, you must have an employer who is willing to sponsor you. You will have a high chance of getting a PR after a 482 visa.
- 494 – Skilled Employer Sponsored Regional (provisional) (subclass 494) is applicable for you if you have a regional employer who is willing to sponsor you. You must accumulate at least 3 years working as a civil engineer and obtain a relevant skills assessment.
Contact SOL Edu today at [email protected] to know which visa you are eligible for!
What is the cost of studying business management in Australia?
The cost of studying business management in Australia can vary depending on the level of education and the specific university or institution. If you apply for a G8 Australian university, the tuition fee may be around 45,000 – 50,000 per year. However, the tuition fees of lower ranking universities should be more affordable, around 30,00 – 40,000 per year.
Can I switch my major during my business management course?
Depending on the university’s policies, you might have the flexibility to change your major or specialisation during your course, although it could affect your program duration.
Are there opportunities for international students to work part-time while studying business management in Australia?
Yes, international students on student visas are usually allowed to work part-time during their studies to gain practical experience and supplement their income. From July 2023, international students in Australia are allowed to work up to 48 hours per fortnight.
What is the difference between a Bachelor of Commerce and a Bachelor of Business Management?
The difference between a Bachelor of Commerce and a Bachelor of Business Management lies in their focus, curriculum, and the specific areas they emphasise within the broader field of business.
Bachelor of Commerce:
- Focus: A Bachelor of Commerce program generally emphasizes subjects related to commerce, finance, economics, and accounting.
- Core Subjects: Common core subjects in a Bachelor of Commerce program include finance, accounting, economics, business law, and quantitative methods.
- Career Pathways: Graduates with a Bachelor of Commerce often pursue careers in finance, accounting, banking, investment, economics, and related fields.
Bachelor of Business Management:
- Focus: A Bachelor of Business Management program emphasizes management principles, leadership, organizational behaviour, and strategic planning.
- Core Subjects: Core subjects in a Bachelor of Business Management program often include management theory, organizational behaviour, marketing, human resource management, and strategic management.
- Career Pathways: Graduates with a Bachelor of Business Management can pursue careers in a wide range of industries as managers, project leaders, business consultants, and entrepreneurs.
What should I do if I don’t meet the entry requirement for a Bachelor of Business Management?
If you do not meet the entry requirement to directly enroll in a bachelor’s degree of business, you can choose the Diploma pathway option. It means that you can study the Diploma of Business for one year (the entry requirement for this course is only 5.5 IELTS) and then transition to 2 years Bachelor of Business. The total study duration is still 3 years which is the same as the Bachelor of Business – direct entry program.