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55 Affordable Master's degrees in Australia

Australia offers a variety of affordable programmes for international students, making it an attractive destination for higher education. When considering tuition fees, it's important to understand the range available. The lower-end tuition fee for affordable programmes in Australia is around €15. This means that a significant portion of students can find programmes within this budget. The typical tuition fee, representing the middle range of affordable programmes, is approximately €92. This fee is what most students can expect to pay for an affordable programme in Australia. On the higher end, the tuition fee reaches up to €2,356, catering to those willing to invest a bit more for their education. Additionally, about 98% of these affordable programmes are available online, providing flexibility for students who prefer or need remote learning options.

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Game Theory Institute of Professional Studies

Online

This tuition-free course introduces strategic interaction in competitive and cooperative settings. It applies models to predict behaviour and evaluate decisions in economic and business contexts.

Master Part-time Online
2 months$17/full

Education James Cook University

4,0(42)Online Top 6% in Worldwide

Ready to take the next step in your career and become a leader in the field of Education? The Education MEd degree from James Cook University is designed for professionals currently working in Education or who hold formal education qualifications and wish to take on leadership, management, academic or coordinating roles.

M.Ed. Full-time +2 Online
1½ year$439/yr

Lifestyle Medicine James Cook University

4,0(42)Online Top 6% in Worldwide

At the Lifestyle Medicine degree from James Cook University you will advance and enhance existing health care with this exciting, innovative Masters degree — the only one in Australia offered under a school of medicine.

Master Full-time +2 Online
1½ year$323/yr

Strategic Management Institute of Professional Studies

Online

This tuition-free course analyses how organisations craft and execute strategies in global markets. It reviews competitive positioning, environmental analysis and decision tools to achieve sustained advantage in complex environments.

Master Part-time Online
2 months$17/full

Marketing Strategy Institute of Professional Studies

Online

This tuition-free course develops strategic marketing capabilities in global markets. It examines positioning, segmentation and value creation to achieve competitive advantage.

Master Part-time Online
2 months$17/full

IPS Certified Executive in Economics Institute of Professional Studies

Online

The IPS Certified Executive in Economics is a tuition-free, 100% online, self-paced program covering key advanced topics in economics. It develops analytical and decision-making skills through areas such as policy, finance, global economics, and behavioural insights, supporting professional and strategic understanding.

Postgraduate Diploma Part-time Online
1 year$102/yr

IPS Certified Executive in Management Institute of Professional Studies

Online

The IPS Certified Executive in Management is a tuition-free, 100% online, self-paced program covering advanced management topics. It develops strategic, leadership, and decision-making skills across areas such as governance, innovation, and organisational change, supporting effective management in complex business environments.

Postgraduate Diploma Part-time Online
1 year$102/yr

Behavioural Economics Institute of Professional Studies

Online

This tuition-free course explores how psychological and social factors influence economic decisions. It highlights limits of rational models and applies behavioural insights to real world situations.

Master Part-time Online
2 months$17/full

Corporate Governance in Finance Institute of Professional Studies

Online

This tuition-free course examines governance systems in financial institutions. It focuses on accountability, ethics and oversight to ensure stability and stakeholder protection.

Master Part-time Online
2 months$17/full

Corporate Governance Institute of Professional Studies

Online

This tuition-free course examines how organisations are directed and controlled. It reviews governance structures, accountability and ethical practices in global business contexts.

Master Part-time Online
2 months$17/full

International Marketing Institute of Professional Studies

Online

This tuition-free course analyses marketing across global markets. It focuses on entry strategies, cultural adaptation and decision making in diverse environments.

Master Part-time Online
2 months$17/full

Teaching (Secondary) Swinburne University of Technology

4,5(17)Melbourne, Australia Top 4% in Worldwide

Study Swinburne’s Master of Teaching (Secondary) at Swinburne University of Technology to become an accredited teacher in just two years. 

M.A. Full-time On-campus
2 yearsFree

Leadership Institute of Professional Studies

Online

This tuition-free course develops leadership skills for dynamic environments. It covers influence, decision making, ethics and culture, preparing learners to lead effectively across diverse teams and settings.

Master Part-time Online
2 months$17/full

Business Administration Australian Institute of Management Education and Training

3,3(3)Online

You go the extra mile, so should your degree. The accredited MBA in Business Administration by Australian Institute of Management Education and Training from one of Australia’s leading institutes unlocks five years of extra benefits with the MBA+ Gold Card. It’s your career, without limits.

M.B.A. Full-time Online
1 year$2,282/module

Change Management Institute of Professional Studies

Online

This tuition-free course investigates how organisations manage transformation. It focuses on strategy, behaviour and systems to implement effective and sustainable change initiatives.

Master Part-time Online
2 months$17/full

Marketing Analytics Institute of Professional Studies

Online

This tuition-free course develops skills in analysing marketing data. It focuses on insights, performance measurement and evidence based decision making.

Master Part-time Online
2 months$17/full

Economics of Innovation Institute of Professional Studies

Online

This tuition-free course analyses how innovation and technology drive growth and competition. It examines how ideas are developed, financed and applied across industries and economies.

Master Part-time Online
2 months$17/full

Mergers and Acquisitions Institute of Professional Studies

Online

This tuition-free course examines mergers and acquisitions from strategy to integration. It covers valuation, due diligence and how firms use M&A to achieve growth and advantage.

Master Part-time Online
2 months$17/full

Theological Studies Alphacrucis University College

4,0(5)Sydney, Australia +2

The Theological Studies programme from Alphacrucis University College is designed for those eager to explore theology at an advanced level and apply it effectively in both ministry and professional contexts. Offering a balance of flexibility and academic rigor, this course integrates into your life, setting the stage for a lifetime of impactful ministry in a multitude of arenas.

Master Full-time +2 On-campus +2
2 years$2,234/module

IPS Certified Executive in Finance Institute of Professional Studies

Online

The IPS Certified Executive in Finance is a tuition-free, 100% online, self-paced program covering advanced financial topics. It develops strategic and analytical skills through areas such as corporate finance, global markets, innovation, and governance, supporting professional decision-making in complex financial environments.

Postgraduate Diploma Part-time Online
1 year$102/yr

Frequently Asked Questions

  • To qualify for a Master's programme in Australia, you typically need a recognised undergraduate degree in a relevant field. Most universities require a minimum GPA, often around 2.5 on a 4.0 scale. Additionally, international students must provide proof of English proficiency through tests like IELTS or TOEFL. Some programmes may require specific prerequisite courses or professional experience. The application process usually involves submitting transcripts, a statement of purpose, and letters of recommendation. For detailed information on specific requirements, visit the top universities in Australia.

  • Australia is home to several world-renowned universities, including the University of Melbourne, The University of Sydney, and Monash University. These institutions consistently rank high in global university rankings due to their exceptional academic programmes, research opportunities, and campus facilities. They offer a wide range of affordable Master's degrees, with many programmes costing under €2,500 per year. For a comprehensive list and detailed rankings, explore the top universities in Australia.

  • Master's degrees in Australia are often more affordable compared to other countries due to significant government funding and subsidies for higher education. This funding helps keep tuition fees low, making it easier for international students to access high-quality education. Additionally, the Australian economy supports a competitive education market, encouraging universities to offer budget-friendly programmes. As a result, students can find economical Master's degrees without compromising on quality.

  • For cheap master's degrees in Australia, international students are generally required to demonstrate English proficiency. This is usually achieved through standardised tests such as the IELTS or TOEFL. Most universities require a minimum score of 6.5 on the IELTS or equivalent on the TOEFL. Some programmes may have higher requirements depending on the course's complexity. Ensuring you meet these language requirements is crucial for successful application and academic performance in your chosen programme.

  • Yes, international students in Australia are allowed to study part-time while pursuing their Master's degree. Under the student visa conditions, you can work up to 40 hours per fortnight during semesters and full-time during scheduled breaks. This flexibility allows students to manage their finances by taking on part-time jobs. However, it's important to balance work and study to ensure academic success. Many universities also offer part-time study options, making it easier to organise your schedule.

  • While tuition fees for affordable Master's degrees in Australia are relatively low, students should be aware of additional costs. These can include application fees, visa processing fees, health insurance, and living expenses. Accommodation, transportation, and daily living costs can vary depending on the city. It's advisable to create a budget that accounts for these expenses to avoid financial surprises. Many universities provide cost calculators and financial advice to help students plan effectively.

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