This territory has one main university, but other tertiary colleges are coming up. Charles Darwin University is located here as well as the famous Bachelor Institute of Indigenous Tertiary Education.

Australia has a subsidized higher education for students pursuing the undergraduate degrees. They also give loan and grants for the post graduate students. Higher learning starts at undergraduate degree level to a doctoral degree offered in any field of study.

A master of business administration (MBA) is a professional degree given to those who study business management at a business school. Various forms of analysis and strategy are covered including operations, marketing, finance, and accounting.