A two-year Master of Business Analytics degree costs between 40,000 and 77,000 AUD in Australia, equating to 21.38 LPA for Indian candidates. A business analytics degree provides students with analytical abilities that may be used in corporate strategy. To pursue a master's in business analytics at an Australian university, A bachelor's degree with a grade point average of 65% or higher is required, and specific colleges may additionally require GMAT scores when applying, such as LORs, SOPs, and resumes need supporting materials for the application. Universities in Australia receive applications twice a year, between February and July. International students can apply to institutions more quickly now that many have agents in other countries.
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|
Total Universities offering master’s in business Analytics throughout Australia |
6 |
|
Basic Admission Requirements |
Bachelor’s degree + ELP scores |
|
Duration & Type |
Full-time: 1 to 2 years / Part-time: 2 to 4 years |
|
ELP Scores Accepted |
|
|
Tuition Fees (AUD) |
AUD 35,000 - AUD 73,000 |
|
Work Experience |
2 years on average |
|
Between 25% - 100% |
|
|
Placement Opportunities |
Offered |
|
Average Salary |
AUD 99,900 / month |
|
Post Study Work Permit |
|
|
Job Sectors |
Market analysis, consultancy, logistics, and supply chain management. |
|
Name of the Universities |
Program |
National Rankings |
Total Program Fees per year (AUD) |
|
Monash University |
Master of Business Analytics (1.5-2 years) |
55 |
70,000 |
|
University of Melbourne |
Master of Business Analytics (1 year) |
2 |
55,000 |
|
University of Technology Sydney |
Master of Business Analytics (1.5 years) |
9 |
61,344 |
|
University of Western Australia |
Master of Business Analytics (1.5-2 years |
7 |
77,200 |
|
Macquarie University |
Master of Business Analytics (1 year -2 year) |
13 |
38,000 (for 1 year program) |
|
Deakin University |
Master of Business Analytics (1.5- 2 years) |
18 |
70,000 |
|
Bond University |
Master of Business Data Analytics (1.5 years) |
23 |
63,760 |
|
La Trobe University |
Master of Business Analytics (1.5-2 years) |
22 |
68,800 |
|
Western Sydney University |
Master of Business Analytics (2 years) |
25 |
63,640 |
|
Victoria University |
Master of Business Analytics (varies) |
28 |
14850/Semester |
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|
University |
TOEFL |
IELTS |
UG degree requirements |
|
La Trobe University |
79 |
6.5 |
Degree in relevant subject |
|
University of Western Australia |
82 |
6.5 |
60% |
|
Monash University |
79 |
6.5 |
65% |
|
Macquirie University |
94 |
7 |
B Grade or 55% |
|
UTS |
79-93 |
6.5 |
Degree in relevant subject |
|
University of Melbourne |
102 |
7 |
65% |
|
Deakin University |
79 |
6.5 |
Degree in relevant subject |
1. The Application
2. Written transcripts
3. CV or resume
4. Background Information Quantitative
5. Recommendations
6. Purpose Statement
7. Scores on the GMAT or GRE
8. Score on the TOEFL, IELTS, or PTE (for international applicants only)
9. Processing Fee
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Before beginning the programme, students must provide the following documents to ensure a smooth application process. The following is a list of documents that are necessary for the course.
After the names have been narrowed down, the applicant will receive mail acknowledging the institution's confirmation letter. After getting the confirmation, the candidate must respond.
An international student considering studying abroad should be aware of the costs involved. Even though the cost of education is modest compared to other major student destinations, it might be prohibitively expensive for international students. To plan for studies abroad, it is necessary to prepare for and be aware of the costs. The following sections go into detail about the various types of fees you'll face while studying for your master of business analytics in Australia.
QUICK READ: Sample SOP for MS
The cost of a master's degree in business analytics in Australia ranges from 40,000 to 77,000 Australian dollars. This is the overall cost of the programme. Macquarie University and Victoria University are two of the most affordable premier institutions. The total cost of the curriculum for an Indian student will be approximately 19 lakhs to 38 lakhs INR.
The cost of a degree of master's of business analytics in Australia is mainly determined by the educational institution and the study location. According to Australian government regulations, students must pay an additional $20,290 AUD each year to cover living expenses. It also advises that lodging might cost anything from 5 to 440 AUD each week, depending on the kind and city.
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|
Name of the Scholarship |
University |
Amount (AUD) |
|
Donald Cochrane Scholarship |
Monash University |
10000 |
|
BP Australia Scholarship in Business Analytics |
University of Melbourne |
25000 |
|
Master of Artificial Intelligence Scholarship |
RMIT |
50% off in tuition fees |
|
Business School's International Scholarship |
University of Sydney |
20,000 |
|
Deakin alumni postgraduate bursary |
Deakin University |
15% off in tuition fees |
|
La Trobe College Excellence Scholarships |
La Trobe University |
25% off in tuition fees |
|
VU International Excellence Scholarship |
Victoria University |
3500 for two study periods, 6500 for tuition fees |
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One of the highest-paid occupations in the country is business analytics. The expected growth rate from 2020 to 2024 is 20 per cent.
|
Designations |
Minimum Yearly Salaries (AUD) |
|
Business Analyst |
56,100 |
|
Corporate Strategy Analyst |
67,000 |
|
Senior Business Analyst |
87,000 |
|
Research Analyst |
48,000 |
|
Operations Analyst |
53,000 |
|
Business Improvement Analyst |
55,000 |
|
Operations Manager |
56,000 |
Kickstart your academic journey now! Studying abroad could be a long and tedious process however, at AECC, with expert counsellors, your dreams can be achieved at ease. The Counsellors will guide you through every step and help you attain your dreams at ease. They will assist with visas, courses, universities, and more.
Masters in Business Analytics and associated degrees are growing more popular in Australia, with recent news reports showing that data analysts with business knowledge are in such high demand in Australia, and their numbers are so limited, that their compensation is nearly three times the national average.
Data analysts and other data specialists are in high demand. According to the Australian Government, data analytics is involved in five of the top 25 developing vocations in the country.
If you want to learn how to utilise and analyse data to solve difficult business challenges, you want to boost your decision-making power at your firm, and you select the proper program—one that offers you with the capacity to accomplish more than just the technical.
