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Home » Masters in Australia: Know All About Eligibility, Scholarships, Cost of Studying & Much More

Masters in Australia: Know All About Eligibility, Scholarships, Cost of Studying & Much More

masters in australia

Being a famous, unique, and multicultural study-abroad destination, Australia is one of the most preferred destinations for international students. When pursuing a masters in Australia, every student wants an enriching, inspiring, and unparalleled experience there. They would like to know the best Australian universities that offer master’s degrees and jobs after completing a postgraduate program. If you’re one of those students, we are here to help you with such matters!

The Australian Government has laid the best possible foundation for international students to make an effective transition to education, making it easier for them to adapt. In addition to this, many high-ranking universities are the primary identity of Australia, which has attracted the attention of the world. These elements have combined to make Australia a favorite destination for students who love to study in higher education institutions. A masters in Australia for Indian students is the ticket to a great career. 

But before you explore this post further– Pause. Reflect. Understand.

Why Masters in Australia?

The question can have a lot to do with your career path! Australia is a top choice for international students seeking a Master’s degree. The country’s institutions offer diverse courses and degrees, ensuring students find their ideal specialization. Here are key reasons to study for an MS in Australia:

  • Australian degrees are respected worldwide, making graduates attractive to employers and academic institutions.
  • Seven Australian universities rank among the top 100 globally, according to the QS World University Rankings 2024.
  • A wide range of specializations and majors are available, including highly sought-after STEM courses.
  • Some Master’s programs can be completed in just one year, allowing for quicker entry into the workforce.
  • Graduates can earn between AUD 60,000 and AUD 115,000 annually, equivalent to INR 32 Lakhs to INR 62 Lakhs.
  • With a low unemployment rate of 3.7% in 2023, Australia offers abundant job opportunities for graduates.
  • Students benefit from cutting-edge technology and research resources, both on-campus and off-campus.
  • Australia is one of the safest countries for international students, known for its low crime rates and secure environment.
  • Exceptional research opportunities in fields like environmental sciences, with access to unique natural resources such as the Great Barrier Reef.

Note: If you want to know why education in Australia is the best choice, refer to our Study in Australia blog. Also, you should read Intakes in Australia

Eligibility for Masters in Australia For Indian Students

Pursuing a Masters Course in Australia offers Indian students a chance to gain a world-class education and experience a vibrant culture. To ensure a smooth application process, students must meet the following entry requirements: 

Academic Requirements

  • Bachelor’s Degree: A relevant undergraduate degree from a recognized institution is mandatory.
  • Work Experience: For professional master’s degrees, relevant work experience and professional qualifications may be required.
  • Admission Tests: Top universities often require GRE or GMAT scores. Some universities may not mandate these scores.
  • Recommendations: A minimum of two Letter of Recommendation are essential.
  • Personal Statements: Documents like a Statement of Purpose, Research Statement (for research-based programs), or Personal Statement are required.

English Language Requirements

Indian students must demonstrate English proficiency through standardized tests. The required scores typically include:

  • IELTS: Minimum score of 6.5
  • PTE: Minimum score of 58
  • TOEFL iBT: Minimum score of 80

Health Coverage for International Students

International students need to secure health insurance through the Overseas Student Health Cover (OSHC). The costs are approximately:

  • Singles: AUD 430/year
  • Couples: AUD 2,680/year
  • Family: AUD 4,000/year

Visa Requirements

To obtain an Australian student visa, students must meet several criteria:

  • Electronic Certificate of Enrollment (eCOE): Proof of enrollment from an Australian institution.
  • Temporary Applicant Requirements: Compliance with visa validity and conditions.
  • Proof of Funds: Financial evidence showing at least AUD 21,000 per year for living expenses.
  • English Proficiency: Compliance with ELP test score requirements.
  • Health and Character: Meeting health and character standards set by the Australian government.
  • OSHC: Proof of adequate health insurance coverage.

By fulfilling these eligibility criteria, Indian students can embark on a rewarding academic journey in Australia, gaining invaluable knowledge and global exposure.

Best Universities in Australia For Masters

In this section, we will provide you with a list of top colleges along with popular specializations and average fees:

UniversityCourseTuition Fees per Year (AUD)
Australian National UniversityMS in Earth Sciences | Nuclear Sciences | Mathematical Sciences | Astronomy and Astrophysics50,760
Curtin UniversityMS in Project Management | Mathematical Sciences | Food Science and Technology32,659
Monash UniversityMS in Astrophysics | Atmospheric Sciences | Earth Science | MS in Physics53,000
RMIT UniversityMS in Computer Sciences | Applied Physics | Psychology36,480
The University of QueenslandMS in Applied Mathematics | Physics | Statistics | MS in Clinical Pharmacy51,200
The University of SydneyMS in Coaching Psychology | MS in Data Science54,000
The University of Technology SydneyMaster of Science (MS)34,848
University of AdelaideMS in Petroleum Geoscience48,000
University of MelbourneMS in Bioinformatics | Chemistry | Physics | Mathematics and Statistics51,040
University of NewcastleMaster of Materials Science and Engineering | Master of Data Science45,000
University of Western AustraliaMaster of Physics45,400
University of WollongongMaster of Computer Science37,200

For more information, visit – Top Universities in Australia For Masters

Cost of Studying in Australia for Indian Students

Generally, Master’s tuition fees are set by both universities and the Australian Government. In addition to program fees, there are other factors to consider which include the cost of living in Australia, pre-arrival costs, exams, etc.

Pre-departure Cost

Below are the pre-departure costs for studying masters in Australia: 

  • GMAT – 272 AUD
  • GRE – 332 AUD 
  • IELTS – 282-319 AUD
  • TOEFL – 212-332 AUD 
  • Visa – 530 AUD

Living Cost Of Studying in Australia

International students can make their living from 1400 AUD to 2500 AUD per month. In a multicultural society, students can get anything that feels like home in all essential aspects. With a proper plan of financial resources, one can be happy to focus on studies without any drawbacks. However, dissecting the various elements of life in Australia won’t help you.

  • Boarding schools – 11,000 AUD to 22,000 AUD a year
  • Homestay – 235 AUD to 325 AUD per week
  • Hostels and individual houses – 90 AUD to 150 AUD per week
  • On campus – 110 AUD to 280 AUD per week
  • Rental – 185 AUD to 440 AUD per week
  • Shared Rental – 95 AUD to 215 AUD per week

For more information, visit – Cost of Studying in Australia For International Students

Job Opportunities After Masters in Australia

Australia’s open and friendly immigration policy attracts many international students looking to advance their careers. The availability of a post-graduate work visa is a significant advantage. The scope of job opportunities after completing a master’s degree in Australia varies based on the chosen specialization.

High-Paying Jobs

After earning a Master in Australia, international students have access to several high-paying jobs:

  • Accountant
  • Aerospace Engineer
  • Architect
  • Business Analyst
  • CEO
  • Civil Engineer
  • Engineer
  • Financial Analyst
  • Information Technology Manager
  • Pharmacist
  • Sales Manager

Salary Insights

  • The average salary in Australia is around AUD 91,600 per year.
  • A master’s degree can boost the average annual salary by 29% compared to holding only a bachelor’s degree.
  • The minimum hourly wage in Australia is about AUD 44 per hour.

Pursuing a master’s degree in Australia opens doors to a variety of high-paying jobs. The country’s supportive immigration policies and robust job market make it an attractive destination for international students aiming to further their careers.

Final Thoughts!

The scope of Masters in Australia is huge and you can easily find job options related to your field of activity. There you go! You have the info you wanted. You should choose your career or course or country keeping your personal goals in mind! 

Do you want to make a career decision now? Not settled yet. In case, you feel indecisive or confused, do dial us up. 

iDreamCareer is on a mission to reach every state and every child to ensure that talent is appropriately delivered to the industry.

Talk to our study abroad experts who have 20+ years of experience to know yourself in and out! We have helped several brilliant but confused minds intending to select their most-suited career choices. Hear the success story of Aayush who got an offer from the top 3 universities and is now studying at the University in Ottawa Canada after getting career guidance from our industry experts!

Also, read: 

FAQs

Is it worth studying a masters course in Australia?

Masters in Australia receives one of the highest international applications. If you plan to settle in the country, your degree can increase your PR points. The country has not been affected by economic recession and is doing better than countries like USA and Canada. An MS in Australia is much cheaper than an MS in the US or Canada.

What is the duration of a master degree in Australia?

The duration of a Masters in Australia typically ranges from 1 to 2 years. This varies depending on the course structure, field of study, and whether the program includes research components or professional placements.

Is it possible to study MS in Australia for 1 year? 

Yes, it is possible to study for an MS in Australia in 1 year. Some universities offer accelerated master’s programs that can be completed in 12 months, depending on the course structure and intensity. These programs are typically designed for students with relevant academic or professional experience.

How to get Australian PR after the MS course?

You can become a permanent resident of Australia by applying for and receiving a permanent visa, which allows you to stay in Australia indefinitely. The most common permanent visas include some skilled worker and family visas. Explore visa options to find the visa that best suits your needs.

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