Have you ever wondered why Australia is becoming a hotspot for pursuing a Master of Business Analytics in Australia? This program has garnered immense popularity among students globally, thanks to the high standard of education and the prestigious accreditation of Australian universities. These institutions are not just renowned locally but have also carved students for themselves on the global stage. This blog aims to shed light on the myriad facts of this sought-after program, concisely presenting key facts and statistics to guide prospective students and their families.
|
Course |
MS in Business Analytics |
|
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 |
TOEFL / IELTS |
|
Tuition Fees (AUD) |
AUD 35,000 - AUD 73,000 |
|
Scholarships |
Between 25% - 100% |
|
Average Salary |
AUD 99,900 / month |
|
Post Study Work Permit |
Subclass 485 Visa (available) |
|
Job Sectors |
Market analysis, consultancy, logistics, and supply chain management. |
|
University Name |
Program Offered |
Application Deadline |
Tuition Fees (AUD) |
|
University of Melbourne |
Master of Business Analytics |
31 Oct 2024 |
$45,000 |
|
Monash University |
MSc in Business Analytics |
15 Nov 2024 |
$40,000 |
|
University of Sydney |
Master of Business Analytics |
30 Sep 2024 |
$46,000 |
|
Australian National University |
MSc in Business Analytics |
15 Dec 2024 |
$43,000 |
|
University of Queensland |
Master of Business Analytics |
31 Jan 2025 |
$44,000 |
Eligibility Criteria:
|
University |
GPA Requirement |
English Proficiency |
|
University of Melbourne |
3.0/4.0 |
IELTS 7.0 |
|
Monash University |
2.8/4.0 |
TOEFL 90 |
|
University of Sydney |
3.2/4.0 |
IELTS 6.5 |
|
ANU |
3.0/4.0 |
IELTS 7.0 |
|
University of Queensland |
3.0/4.0 |
TOEFL 100 |
|
University |
Tuition Fees (AUD) |
Estimated Living Expenses (AUD/year) |
|
University of Melbourne |
$45,000 |
$20,000 |
|
Monash University |
$40,000 |
$18,000 |
|
University of Sydney |
$46,000 |
$22,000 |
|
ANU |
$43,000 |
$19,000 |
|
University of Queensland |
$44,000 |
$21,000 |
|
Scholarship Name |
University |
Eligibility |
Award Value |
|
Business Analytics Scholarship |
University of Melbourne |
Merit-based |
50% Tuition Fee |
|
Monash International Merit Scholarship |
Monash University |
High academic achievement |
$10,000/year |
|
Sydney Scholars Award |
University of Sydney |
Academic excellence |
$5,000 - $10,000 |
|
ANU International Scholarship |
ANU |
International students |
25% Tuition Fee |
|
UQ Excellence Scholarship |
University of Queensland |
Outstanding academic performers |
50% Tuition Fee |
|
Job Title |
Annual Salary in AUD |
|
Business Analyst |
$85,000 - $120,000 |
|
Data Analyst |
$70,000 - $95,000 |
|
Business Intelligence Analyst |
$75,000 - $110,000 |
|
Market Research Analyst |
$65,000 - $90,000 |
|
Operations Analyst |
$80,000 - $105,000 |
|
Financial Analyst |
$78,000 - $112,000 |
|
Risk Analyst |
$82,000 - $115,000 |
|
Supply Chain Analyst |
$77,000 - $102,000 |
|
Management Consultant |
$90,000 - $130,000 |
|
Data Scientist (with Business Analytics focus) |
$95,000 - $140,000 |
In conclusion, pursuing a Master of Business Analytics in Australia stands as a wise decision for those aiming to excel in the evolving world of data-driven decision-making. Australian universities, renowned for their cutting-edge curriculum and global recognition, offer an educational experience that is both enriching and career-enhancing. Graduates not only gain advanced analytical skills but also enjoy access to a vibrant job market with promising salary prospects. This degree serves as a gateway to numerous opportunities in various sectors, ensuring a robust career path. For students seeking to transform their passion for data into a rewarding profession, Australia offers the perfect blend of quality education and professional growth.
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.
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