The advantages of studying business in Australia
If you’re considering studying business overseas, look no further than Australia. Business administration and management is one of the most popular fields of study among international students in Australia, which is no surprise given the range of benefits Australia offers for overseas business students. Here we list some of the major advantages.
Wide range of courses and specialisations
From bachelor degrees in business and commerce to the prestigious master of business administration (MBA), Australia offers a wide range of business qualifications at a large number of institutions across the country — the hardest part is choosing one! You will find specialisations such as accounting, banking, business information systems, economics, finance, logistics, human resource management, international business, marketing and management, as well as new fields such as sports management and hospitality management. The Vocational Education and Training (VET) sector also offers practical courses in areas such as business, bookkeeping and accounting to prepare students for the workforce or act as a pathway into university.
Thanks to the wide range of specialisations on offer, Australian business qualifications allow you to enter a wide range of careers in a variety of businesses. Their strong focus on developing the knowledge and skills that employers want — leadership skills, ethics, global views and independent thinking — can improve your career progression anywhere in the world. Salaries are also good according to The Good Universities Guide 2013, with recent business and management graduates at the postgraduate level earning one of the highest salaries of any field at an average of AUD$97,295.
Australian institutions offer a range of industry experiences to ensure that business students graduate ready for employment. You might be able to take an international study tour where you get to see how overseas businesses operate, complete an internship in a major Australian company to develop business contacts and apply your knowledge in the workplace, or complete an industry project where you work in a team with your classmates to complete tasks for real Australian businesses.
The business environment is becoming increasingly international, and Australian business qualifications encourage graduates to think globally in an environment that merges Eastern and Western perspectives of business and management. Australia’s multiculturalism means that you will have the opportunity to study alongside students from many different countries, giving you a broad cultural perspective. Courses are also recognised internationally, with many gaining accreditation from prestigious authorities such as the Association to Advance Collegiate Schools of Business (AACSB), which means that you can gain employment anywhere in the world.
International graduates can choose to find employment overseas or remain in Australia. Graduates are able to stay in Australia to gain skilled work experience through a post-study work visa, a Skilled — Graduate (Temporary) Visa, the Employer Nomination Scheme or the Regional Sponsored Migration Scheme. Those with skills that are in demand (such as accountants, actuaries and business systems analysts) can also apply for permanent residency through the SkillSelect skilled migration program. Furthermore, international students who graduate from accounting or business information systems degrees are able to apply for a Professional Year Program, which provides work experience with an Australian company and increased opportunities to qualify for permanent residency.