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The Fast-Track MBA
Designed for busy working professionals, this fully online MBA course is highly flexible and delivered with interactive, bite-sized content and personalised student support.
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HOW MUCH DOES AN MBA COST?
Pursuing a Master of Business Administration is a major investment in your career and professional future. Graduates of MBA degrees tend to see strong returns on their investment as their careers and earning potential are accelerated with the knowledge, skills and qualification they gain.
But like many other types of major investments, an MBA course can involve some significant costs before the return on investment is realised.
The AIB Fast-Track MBA has been structured as an online program to reduce the overall MBA cost without sacrificing quality. The internationally-recognised AIB MBA can also be completed in as little as 12 months, so graduates can start realising their return on investment sooner too.
What does the average MBA cost in Australia?
The cost of undertaking an MBA in Australia can vary widely. An MBA delivered on-campus at a high-ranking Australian University can cost more than $100,000, while the average Australian MBA in 2024 will cost about $60,643, according to MBA News.
How much does the AIB MBA cost?
Here at the Australian Institute of Business we aim to deliver a program that is value for money, ensuring quality is not compromised. Your fees will be dependent on your country of permanent residency. To view the fees relevant to you, head to the Finance and Payment Options section of our Student Handbook.
What does the cost of the AIB MBA include?
AIB has a focus on affordability that delivers what you need, not what you don’t. For this reason, the MBA costs are invested directly into:
- Quality education and academic teams
- Ensuring our online learning materials and resources are current, supportive and high quality
- Student support services
- Innovative technological advancements.
Your total costs are made up of tuition fees and non-tuition fees. Most costs are included in the subject enrolment fees, which are applied per subject in which you enrol.
Additional administrative fees for items such as replacement parchments or additional transcript copies may apply. For a summary, please refer to the master price list relevant to your location.
How much do textbooks cost?
Textbook costs are the responsibility of students, and will depend on the specific subjects enrolled in, whether the textbooks are bought new or secondhand, and from where textbooks are bought.
What finance and payment options are available for the AIB MBA?
The Fast-Track MBA offers a number of payment and financing options.
Depending on where you are based, the payment options for the AIB MBA are:
- FEE-HELP: available for Australian citizens or appropriate visa holders who meet the criteria.
- Self-funded: all students, regardless of location can opt to pay for their studies themselves.
- Monthly payment plan: students based in New Zealand or Canada have the option to pay using a payment plan.
MBA cost vs return on investment
While the cost of an MBA is an important factor in deciding whether to enrol, the other crucial factor is the value of the MBA.
With AIB MBA alumni reporting an average increase of AU$37,000 since starting the MBA, the potential return on investment for an MBA can often ultimately significantly outweigh the costs.
In addition, our 2023 MBA Alumni Insights Report also found that:
- 81% of graduates have received a salary increase since starting the MBA
- 81 % of graduates said the MBA has helped them with career progression
- 53% of business owners started a business during or after their MBA
See also: How much does an MBA increase your salary?
What ROI can I expect for my MBA?
You can calculate the return on investment for your MBA and estimate the increases in your income based on AIB MBA graduate data.
Try the MBA ROI Calculator.
An MBA is an investment
One of the greatest investments you can ever make is in yourself. The AIB Master of Business Administration is a competitively priced Global Tier 1 MBA program, with a track record of student success. Graduates of our program report achieving their career progression goals and secure salary increases that result in strong returns on their investment.
If you want to learn more about the Fast-Track MBA or you want to chat about enrolment, contact us today.
