Best Online MBA in Australia (Top 5) 2022

The top 5 online MBA programs in Australia in 2022 are from SCU Online, Torrens University Australia, James Cook University, the University of New England and the University of Adelaide. Each program is flexible and has great features for online learners.

They are all ranked among the top echelon of MBA online degrees by Lerna Australia, where you can obtain brochures with details about each program.

Trends in Online MBA Studies in Australia

MBA study mode trend for Australia
Image credit: Andrew Lancaster

The leading postgraduate program in Australia is the online MBA. While a Master of Business Administration (MBA) degree has always been the go-to option for aspiring managers, now most students are also choosing the online study mode. During 2019, a total of 24,525 students were listed as studying online for a postgraduate business and commerce qualification from Australian business schools (Source: uCube).

Perhaps two factors best explain the shift towards earning your MBA online. One is the fact that we do so much online these days. Why go to the trouble of attending classes in person when, like everything else, you can do this using a computer, laptop or even your phone?

Another big factor is improvement in the way MBA online courses are delivered. At one time, most online programs were just an on-campus course for which materials were made available digitally. Now, the best MBA courses are purpose-built for online study, with features such as advanced digital learning platforms and 6-8 week teaching blocks for each subject.

1. SCU Online

SCU Online MBA

Cheap but good is how you could describe the online MBA from Southern Cross University. The program ranks as very close to Australia’s cheapest according to Good Universities online MBA rankings, with total tuition fees of $33,480 for students who start in 2022.

The program appears cheap simply by virtue of being delivered efficiently. Students don’t appear to miss out an anything. Each of the 12 units is delivered within a 7-week teaching period. The program is accelerated, meaning you are able to study throughout the year. You also benefit from a modern digital learning platform and student support.

Students are able to do a general MBA course of specialise in one of four fields: Managing and Leading People, Accounting, Information and Knowledge Management, and Health Services Management.

2. Torrens University Australia

Torrens and Ducere Global Business School online MBA

An excellent learning experience is what you can expect from the Innovation and Leadership MBA. The degree is offered by Torrens in partnership with Ducere Global Business School and is priced at $43,920 for scholarship students in 2022.

There is a long list of unique advantages that come with this 100% online MBA, including an essentially exam-free experience, the ability to finish within 12 months, a focus on projects and practical skills rather than academic learning, and being able to build valuable industry connections.

The innovative and unique MBA is well worth considering if you are interested in working on collaborative projects as a way of learning and gaining a valuable qualification. Conversely, you may want to try the online MBA course if you don’t like the thought of a return to academic-style learning.

3. James Cook University

JCU Online MBA

The Master of Business Administration Global from James Cook University is structured similarly to the MBA from SCU Online and is a little more expensive, with a tuition fee for the full program of $42,240. As with most of the MBA programs listed here, you have the option of starting the 12-unit program with a 4-unit graduate certificate course. You can also stop at 8 units and leave with a Graduate Diploma of Business Administration Global.

The program has three concentrations that all students do. They are Global Perspectives and Strategy, Data-Driven Decision Making, and Organisational Leadership and Management. The idea is to prepare graduates to make impactful, strategic decisions that are informed by global trends and data analytics. The program finishes with a capstone project in which students prepare a research proposal for business leaders.

4. University of New England

UNE online MBA

UNE officially has Australia’s 2nd cheapest professional MBA program. The Data and Cyber Management MBA is priced at $33,709 for students starting in 2022.

While it may be cheap, the program is a good one for preparing you for leadership roles. The program is well rounded despite its title. There is an emphasis on leading and managing in a technological environment, which is the environment that essentially every manager operates in today.

Topics covered in the program include Leadership and Decision Making, Business Strategy, Big Data and the Cyber Mindset, and Digital Operations and Project Management. Students also complete an applied industry project.

5. University of Adelaide

University of Adelaide online MBA

The University of Adelaide is one of Australia’s more prestigious universities, which helps explain why its MBA comes with a price tag of $56,952 for the full degree. That’s still quite cheap compared some of the other top ranked universities. MBAs from the University of Melbourne and the UNSW Business School cost $126,000 and $104,400 respectively.

What’s good about the University of Adelaide MBA is that you gain an excellent qualification while still enjoying the benefits of a flexible, fully online MBA. The program allows you to collaborate with other experienced professionals, participate in online seminars and access digital resources easily. Graduate certificate and diploma qualifications are embedded in the program.

Online MBA Australia Fees in 2022

Tuition fees for the best online MBA programs in Australia in terms of value are $33,480 in 2022. That’s assuming you do 12 subjects for a Master of Business Administration from Southern Cross University.

Business SchoolSubject FeeFee x 12 Subjects
SCU Online$2,790$33,480
Torrens University$3,660$43,920
JCU Online$3,520$42,240
University of New England$2,809$33,709
University of Adelaide$4,746$56,952
Sourced from business school websites. Updated: 15 July 2022.

The most expensive option among business schools in the top 5 list is the University of Adelaide, with courses costs of $56,952.

Australia’s Most Popular MBA Style: Accelerated Online

Something just about all the top-rated online MBA programs have in common is that they’re accelerated. More than that, these fast-track MBA degrees have a similar course structure that working professionals seem to prefer.

The learning experience works like this. Every couple of months, you start a new subject with a small virtual class. Your classmates can be contacted online to share experiences, guide each other and to potentially work on an occasional group projects.

The whole subject is completed over a 6-7 week study period (also called a teaching period). You’ll be evaluated as you go using assessment tools such as assignments, projects and short quizzes. You’ll have regular contact opportunities with instructors. You’ll even have a Student Success Advisor to help with any non-academic questions and issues. As a bonus, there won’t be a final exam.

If you do a subject every study period, you can complete six subjects annually and a full MBA in two years. This really is a low-stress, efficient way to earn an MBA degree. That’s why you might consider it the best type of MBA for busy people who don’t want to attend a campus.

Entry Requirements: A Bachelor Degree and/or Work Experience

Australian online business schools make accessing their programs quite straightforward. An undergraduate degree in any discipline plus a couple of years of professional experience are the standard admission requirements.

Depending on the business school, you can also gain entry with minimal professional experience or without a degree. You can do this by enrolling in a Graduate Certificate in Business Administration, for which entry requirements may be more relaxed. A graduate certificate consists of four subjects from the MBA program.

Graduate certificate courses are often open to people without a bachelor degree provided you have extensive professional experience, including in supervisory and management roles. The courses may also accept recent business graduates without a significant track record in terms or work experience.

After successful completion of the graduate certificate, you can continue studying for a Graduate Diploma in Business Administration or MBA. Completed subjects count towards these higher education qualifications.