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.

Why Pursue Master of Business Analytics in Australia

• The LaTrobe University and the University of Melbourne are two of Australia's most famous universities for their master of business analytics programmes.
• According to QS employability rankings, several Australian institutions that offer the programme are in the top tier for graduate employability.
• The average pay scale for competent business analytics workers in Australia is three times higher than the country's average pay scale.
• According to Gartner, the Australian Business Analytics market has risen by 13.4% from 2017, reaching roughly $1,468.20 million AUD.
• The Medium and Long-Term Strategic Skills List lists Business Analytics as a PR route course. The need for qualified professionals in the industry may make it easier for overseas students to enter the country's PR after completing a master's in business analytics.

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Master of Business Analytics in Australia: Course Highlights

Top Universities to Study Master of Business Analytics in Australia

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Eligibility Criteria to Study Master of Business Analytics in Australia program

Master of Business Analytics in Australia: Admission Process

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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Master of Business Analytics in Australia: Documents Required

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.

• Transcripts of the applicant's most recent degree
• Course descriptions for undergraduate students
• Scores on examinations necessary for study in Australia, such as IELTS and TOEFL, a curriculum vitae and a cover letter
• Some colleges and institutions may demand letters of recommendation.
• Applicants must upload all needed documentation to the official websites of the individual colleges.

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.

Cost of Studying Master of Business Analytics in Australia

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.

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Fees for a Master of Business Analytics in Australia

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.

Australia's Living Expenses

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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Master of Business Analytics in Australia: Scholarships

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Jobs & Salary After Master of Business Analytics in Australia

One of the highest-paid occupations in the country is business analytics. The expected growth rate from 2020 to 2024 is 20 per cent.

• In Australia, the average annual salary for a Business Analyst is 100,000 AUD.
• Business analysts receive a 13 per cent wage increase every 15 months in Australia.
• A bonus is provided to nearly 80% of Business Analysts, ranging from 6% to 8% of their yearly compensation.

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.

FAQs About Master of Business Analytics in Australia