Masters in Business Analytics in Australia is a 1-2 year long program which equips a student with a combination of analytical skills for impactful business planning. The minimum admission requirement for Masters in Business Analytics in Australia is to carry a Bachelor’s degree in a related field of study and an IELTS score of at least 6.5 or above or an equivalent TOEFL score of 86+.

The total tuition fees for top universities in Australia for Masters in Business Analytics ranges between 35,000 AUD- 65,000 AUD (19-35 Lakh INR). After the completion of the Masters degree in Business Analytics one can work with companies like SAS, Microsoft, IBM Cognos, Accenture and earn an average annual salary of 85,000 AUD (46 lakh INR).

Masters in Business Analytics in Australia: Course Highlights

Masters in Business Analytics in Australia: Top Universities

Here is the list of the universities offering Business Analytics Masters in Australia. The table also details the program application deadline and fees for these popular universities.

Why Study Masters in Business Analytics in Australia?

1. Two of the most popular universities in Australia rank globally for their Master of Business Analytics programs, namely, the University of Melbourne and University of Adelaide.
2. Some of the Australian universities offering the program lie in the top tier for graduate employability as per QS employability rankings.
3. The average pay scale offered to skilled business analytics workers in Australia is three times more than the average pay scale offered in the country.
4. Business Analytics is a PR pathway course listed on the Medium and Long-term Strategic Skills List. The need for skilled workers in the field can help international students to make their way to the country’s PR post-completion of the Master of Business Analytics from higher education institutions in the country.

Explore: Australian Student Visa

Masters in Business Analytics in Australia: Admission

International students planning to study in Australia must ensure that apart from the university-specific eligibility criteria they are also required to fulfill the minimum eligibility for pursuing a master's degree in Australia.

Masters in Business Analytics in Australia: Eligibility Criteria

Even though there are set criteria for applying to MS in Business Analytics in Australia, there are some common criteria that every candidate has to meet in order to get admission in the course. Following is the common eligibility criteria for all the universities:

• Academic Degree- Bachelor’s degree in a related field of study
• English Proficiency Test Score- IELTS: 6.5 or above | TOEFL: 86+
• Statement of Purpose (SOP)- A 1-2 page letter showing your interest in the program and your future plans.
• Letters of Recommendation (LOR)- A minimum of 2 academic letters of recommendation (LOR) is required.

Explore: Tests to study in Australia

Masters in Business Analytics in Australia: Admission Requirements

The following table shows the specific admission requirements set by the top universities in Australia for Masters in Business Analytics for all the international students:

Masters in Business Analytics in Australia: Cost of study

An international student planning to study abroad must be familiar with the expenses he/she will suffer. The cost of study includes the tuition fee and the cost of living in Australia. The following sections discuss in brief the details of various types of expenses you will incur when planning your master of business analytics in Australia.

Masters in Business Analytics in Australia: Tuition Fees

The table below displays the total tuition fees charged by the top universities in Australia offering Masters in Business Analytics which ranges between 35,000 AUD, 65,000 AUD (19-35 Lakh INR):

Explore: SOP for Business Analytics

Cost of living in Australia

Apart from the tuition fees, a student applying for higher education in Australia should also consider the cost of living in Australia. The below given cost is the average monthly expenditure for a student living in Australia including accommodation, food, living and traveling in Australia.

Explore: Student Accomodation in Australia

Masters in Business Analytics in Australia: Scholarships

Students seeking to study in Australia can avail different scholarships offered by the Australian Government to international students. A certain number of university-specific scholarships are available at select higher study institutes in Australia. While planning a master of business analytics in Australia you can apply for the following scholarships to ease down the financial burden off you.

Masters in Business Analytics in Australia: Jobs and Placement Opportunities

International students studying Business Analytics at top colleges in Australia get an array of job opportunities in Australia after finishing any level of degree. The following table displays various job profiles with an approximate salary that a student can get post-study.

Explore: Jobs in Australia

Masters in Business Analytics in Australia: Degree Comparison

The following section differentiates between Masters in Business Analytics in Australia vs Masters in Business Analytics in Canada on the basis of average tuition fee, cost of living, visa requirements among other parameters.

Australia as a study destination for Masters in Business Analytics is one of the best choices because the rise in demand for skilled labour has also resulted in various industry tie-ups with universities. Some of the popular ones include NVIDIA & Monash University, SAS Australia Collaborating with the University of Melbourne, IBM Center of Excellence in Business Analytics located in Deakin University, and many more. This goes without saying that these collaborations will not only help in reducing the gap in demand and supply but will also be profitable for international students pursuing Masters in Business Analytics in Australia.
Explore: Part-time Jobs in Australia

FAQs