I'm from India. I want to study MBA in Australia. What will be the total cost of living there?

0 113 Views | Posted 6 years ago

  • 3 Answers

  • Shiksha Ask & Answer

    Answered by

    Satish Prabhu Center Director at IMPEL Overseas Consultants | Contributor-Level 10

    6 years ago
    Dear Mohamed, As mentioned by MS. Somya, the cost of living is about 20,000/- AUD per annum and this is the amount required to be shown while applying for the Visa. The fee will vary depending on the University you choose, on an average it is about 25,000/- AUD per year so roughly the total cost will be 90,000/- AUD or about Rs. 45 lacs. Hope this answers your question. All the best.
  • A

    Answered by

    Akhil Kumar Lakum Career Coach | Contributor-Level 9

    6 years ago
    MBA in Australia cost around $40,000-50,000 AUD. And apart form that $400-600 per week are living expenses.
  • Shiksha Ask & Answer

    Answered by

    Ms Somya Curious soul. Discovering ways to explore myself. | Contributor-Level 10

    6 years ago

    Hi Mohamed,
    The cost of living in Australia for international students can be understood as following. The Australian Government specifies AU$20,290 as the minimum amount required to cover living costs for a 12-month period. This does not include the tuition fees or the cost of travel to and from Australia. Australia has a relatively high cost of living; however, wages are much higher than most countries. At the high end of accommodation costs, you'll spend almost $16,000 for a full years rent, which will take most of the $20,290. This presumes you'll sign a year-long lease and stay throughout the holidays, however it might be possible

    ...more

    Hi Mohamed, The cost of living in Australia for international students can be understood as following. The Australian Government specifies AU$20,290 as the minimum amount required to cover living costs for a 12-month period. This does not include the tuition fees or the cost of travel to and from Australia. Australia has a relatively high cost of living; however, wages are much higher than most countries. At the high end of accommodation costs, you'll spend almost $16,000 for a full years rent, which will take most of the $20,290. This presumes you'll sign a year-long lease and stay throughout the holidays, however it might be possible to rent at the higher price during the semesters, then find somewhere cheaper over the summer holidays. Either way, it's safe to say that your the biggest living expense will be your rent. To look at the breakdown of this $20,290 figure; Accommodation will almost be the largest and least negotiable expense for an international student. A reasonable budget might look something like this each week: Rent $140 Groceries and eating out $130 Power and gas $25 Phone and internet $15 Public transport $40 Entertainment $40 Total for 52 weeks: $20,280 However, this can be understood as roughly the minimum amount. For more elaborated information, please use the following link. https://studyabroad.shiksha.com/cost-of-studying-in-australia-articlepage-556 Hope it helps. All the best!

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