Australia is no longer second in parameters of development to the countries of the Occident. There are plenty of employment opportunities in every sphere and hence Business Schools are flourishing in Australia. Courses on Finance, Marketing, Human Resource Development, Production Management, International Business, Financial Markets and Institutions, Mergers and Acquisitions, Organizational Behavior, Business Ethics, Sustainable Corporate Management, Advertising Management, Business Economics, Business Laws, Industrial Relations, Information Technology in Business, Management Information Systems and many more are taught in the different business schools of Australia. Emphasis is laid on case studies and simulations in order to cultivate decision making abilities among the students. The various B-schools offer Bachelors of Business Management, Masters in Business Administration and Doctor of Business Administration programs according to the needs and levels of experience of the students. It is advisable for students to take the GMAT as a minimum GMAT score is a criterion for gaining admission into many of Australia’s B-schools. Exchange programs and projects expose students to skills that will help them to lead multinationals in future.