Can anybody suggest a good MBA with accreditation in Australia. Preferably one that's less than 50,000 AUD.

Thank you!

There are 16 accredited MBAs in Australia: http://find-mba.com/schools/australia-nz/australia?keyword=&rank=false&accredition=true&cities=&specs=&sort=popularity&numberperpage=8&page=1#list-school click through to see their fees. QUT BGSB, Adelaide AGSB, Griffith, UniSA and Newcastle are all under 50k. QUT BGSB certainly stands out from that list for me.

Thank you! What do you think of the University of South Australia?

No special thoughts

AGSM vs. Melbourne?

I am shortlisting MBA programs and want to study in Australia and then work in the country after I graduate. Cost is not an issue. I plan on applying to AGSM and Melbourne, but I was hoping somebody could tell me which one is better so that I have a sense of what to focus on.

Are you an international student? I believe that since the Melbourne MBA was shortened to 12 months, it may not be possible for students to apply for a post-study work visa, since this requires at least 16 months of study:

https://find-mba.com/board/general-forum/advice-about-australian-unis-melbourne-sydney-unsw-35817

... but maybe ask the school? The AGSM MBA is 16 months, so I'm assuming this one would be ok for a visa afterwards.

I am an international student, so I guess that the MBS program will not work for me. Thank you for the advice!

Hey Ducko29, in for you to get the Temporary Graduate visa (subclass 485) your course needs to be 92 weeks according to CRICOS. the AGSM full time MBA is 78 weeks. However, if you take the MBA extension it's 130 weeks (it basically means 6 months extra and 10K AUD more to your budget, not considering the cost of living).
If you goal is to stay in the country make sure to thoroughly assess what visa could help you and much extra you need to put to obtain it, so get adviced. As a foreign, my experience has shown me that getting a PR or a sponsorship is not precisely a piece of cake and it's pretty much as hard as in the U.S.
Just be cautious and best of luck

Thanks for your input. I am planning on applying for the January 2019 AGSM MBA intake. And yes, I would do the extension, and the added budget is not an issue for me.

Can you elaborate on how it's not precisely a piece of cake? In the US, getting an H1B means going through a lottery system, so I can't imagine it would be more risky than that.

Hey Ducko29!
Well "easiness" will depend on your capability to get a permanent residency. If you can get 70 or more points to apply for the skill independent visa, either 189 or 190, then I would say getting a good job will be a matter of time.
You can notice that a lot companies require a PR when they post jobs (check for example: indeed, LinkedIn or seek.com.au). Most companies that do not require PR are those with an equal opportunity policy, however for those positions you'll be competing with practically anyone in the world who wants to come to Australia.
Without the PR is a different dance, even with the temporary graduate visa (485) is hard to get a good job. I have seen lot responses saying: "your cv looks great, but actually we are looking for someone with a PR". In addition, don't expect that a MBA form AGSM will make an important difference, as in Australia they don't value an MBA las they do in the US. Local experience seems more important.
If I were you I would get advice from an immigration lawyer, in order to assess your chances to get the PR. If you can't get the PR, think long and hard if you want to spend 100k AUD plus living expenses for a small chance of success. Also, don't forget that Sydney is one the most expensive cities in the world.
Finally, if you are interested in AGSM contact either alumni or the 2018 cohort that soon will be graduating. Check if the experience matches your expectations and ask them about job prospects.
Hope this helps, good luck!

Thank you for your detailed (and frank) advice! I will take it into consideration as I am applying to schools.