Masters in Business Analytics in Australia: Ranking, Eligibility
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On average, around 2,000 - 3,000, students have enrolled annually in Masters in Business Analytics to study in Australia. This course attracts students who have a keen interest in Business Analytics and problem-solving. The course is offered in online mode by 03 universities in Australia. The course design comes with a variety of specializations, with around 12 to choose from. The duration of this course also differs depending upon the choice of Australian University and previous experience.
Masters in Business Analytics in Australia Highlights
| Total Universities offering Masters in Business Analytics in Australia |
06 |
| Duration & Type |
1-2 years: Full-time | 2-4 years: Part-time |
| Basic Admission Requirements |
Bachelor’s degree ELP scores |
| Tuition Fees (AUD) |
AUD 35,000 - AUD 72,000 |
| ELP Scores Accepted |
TOEFL / IELTS |
| Work Experience |
2 years on average |
| Scholarships |
Between 25% - 100% |
| Placement Opportunities |
Offered |
| Job Sectors |
Consulting, Supply Chain & Logistics, and Market Research. |
| Average Salary |
AUD 99,900 / month |
| Post Study Work Permit |
Subclass 485 Visa (available) |
In terms of rankings, most of the Australian Universities globally rank in the top 500 universities, including those which offer Masters in Business Analytics. The following graph shows the ranking of these universities of Australia as per QS 2021 ranking for offering Masters in Business Analytics:
Around 03 universities in Australia offer Masters in Business Analytics online mode like - the University of Technology Sydney (UTS), RMIT University, and the University of South Australia (UniSA), etc. These courses are offered in a blended structure which includes coursework and online classes.
Masters in Business Analytics in Australia Admissions
Admissions to Masters in Business Analytics in Australia depend upon the applicant’s bachelor’s scores, English language scores, LORs and fulfilment of minimum requirements for admission. Each university has a different set of rules and criteria to offer admission to international students in its Masters in Business Analytics course.
Predict your IELTS, TOEFL, and PTE in just 4 steps!
MS in Business Analytics in Australia Eligibility & Selection Criteria
A brief overview of basic eligibility criteria has been tabulated below for reference, university-wise:
| Australian Universities |
Bachelor’s Score |
ELP Score |
Selection Criteria |
|---|---|---|---|
| WAM*: 70% or equivalent |
IELTS: 7.0, TOEFL iBT: 102 |
GMAT might be required |
|
| WAM: 65% |
IELTS: 6.5 |
Work experience may also be considered |
|
| 50% |
IELTS: 6.5, TOEFL iBT: 230 |
2 years of work experience UG score |
|
| 60-75% |
65% in English (HSC) IELTS & TOEFL: Band A-D |
Bachelor’s work experience level |
|
| - |
IELTS: 6.5 |
Academic qualifications/work experience level without UG degree |
|
| 50% |
IELTS: 6.5 |
Academic score ELP scores |
*WAM: Weighted Average Marks - Calculated out of 100 subject-wise for any degree or certificate program offered at the university level. The table below describes the description of grades based on the marks range:
| Grade Description |
Score Range |
|---|---|
| High Distinction (HD) |
80-100 |
| Distinction (D) |
70-79 |
| Credit (C) |
60-69 |
| Pass (P) |
50-59 |
| Fail (F) |
40-49 |
Note: It's important that students also check the official website and keep a tab on the latest updates as and when released by the concerned university.
Check details for exams:
Masters in Business Analytics in Australia Application Deadlines
The intake is typically divided into 3 trimesters across one academic year for admission in Australian Universities. While some universities accept applications thrice a year, others might accept four times in a year. For now, the upcoming dates for intake due in different Australian Universities for Masters in Business Analytics is as follows:
-
University of Melbourne: Round 3 - Nov 30, 2022, & Round 4 - Jan 31, 2023
-
Monash University: Round 2 applications closed on Sep 30, 2023.
-
University of Western Australia: Trimester 1 - Jan 2023 Applications open
-
Deakin University: Trimester 3 - Nov 2023 intake & Trimester 1 - Jan 2024 intake applications are open.
-
La Trobe University: Semester 1 & Term 2 - Jan 28, 2023 (last date)
-
Victoria University: Applications are open for Trimester 3 and Trimester 1 currently.
Check: Eligibility Requirement & Application Procedure in Australia
Masters in Business Analytics in Australia Fees & Scholarships
International students are entitled to get a scholarship depending on their academic performance, extra-curricular activities and work experience as well. The following table shows the total tuition fee alongside the scholarship amount or percentage available for international students willing to pursue Masters's in Business Analytics in Australia:
| Australian Universities |
Tuition Fee |
Scholarship Available |
|---|---|---|
| University of Melbourne |
AUD 55,000 |
50% of the tuition fee waived |
| Monash University |
AUD 47,800 |
10% - 100% scholarship |
| University of Western Australia |
AUD 64,200 |
AUD 2,500 - AUD 10,000 waiver |
| University of Technology Sydney |
AUD 67,000 |
10% tuition fee waived for alumni |
| Deakin University |
AUD 57,200 |
10% deduction in enrolment fee |
| La Trobe University |
AUD 71,600 |
25% course fee waived |
| Victoria University |
AUD 61,500 |
20% discount in tuition fees |
For scholarship, info check: Scholarships to Study in Australia for International Students
Cost of Living in Australia for MS in Business Analytics Students
While pursuing Masters in Business Analytics from Australia, students have to take care of the living costs which may slightly vary from one region to another. Majorly the Cost of Living in Australia includes extra expenditure on accommodation, travel, education, food, and miscellaneous amenities. A detailed explanation of all important expenses has been described below:
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Masters in Business Analytics in Australia Jobs
With an average starting salary of AUD 73,000 students with a degree in Masters in Business Analytics can either get placement opportunities through their respective universities or can look for job opportunities via job portals. The following companies recruit Business Analysts holding a master's in the same for various job roles with this compensation ideally:
| Infosys Consulting |
Citi Bank |
TCS |
| Deloitte |
Infosys |
Wipro |
| Canva |
Commonwealth Bank |
Accenture |
| Capgemini |
Westpac |
PwC Australia |
| Australian Broadcasting Corp. (ABC) |
HCL |
Armour Consulting |
Related reads:
Masters in Business Analytics in Australia Salary
Business Analysts are widely recruited across both national and international holdings in Australia as already mentioned above. Popular job roles are diversified in areas of IT, Consulting, Finance, Marketing, Operations, etc. in Australia. Students holding the subclass 500 visa are eligible to apply for jobs in Australia after their post graduation and work for at least 2-3 years.
Get details at: Post Study Work Visa in Australia for Indian Students
The graph below shows the various job roles available for students holding a Masters's in Business Analytics from Australia and the highest expected remuneration for the same:
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The job roles for Masters in Business Analytics degree holders do not end here, there are other major roles available in Artificial Intelligence, Commercial Data Analysts, Investment Business Analysts, Sales Operations Analysts, Business Intelligence Analysts, etc. Thus, job roles vary across industries for Business Analysts.
Masters in Business Analytics in Australia v/s USA
The USA ranks at #1 for offering Masters's in Business Analytics, attracting over 5,000 students annually for admission. In comparison to Australia which offers this course across a small number of universities and overall ranks at #4. A brief comparison has been drawn below between Masters in Business Analytics in the USA and in Australia:
| Factors of Differentiation |
Australia MS in Business Analytics |
USA MS in Business Analytics |
|---|---|---|
| Total Universities |
09 |
40 |
| Average Fees |
AUD 45,000 |
USD 65,000 |
| Admissions |
Bachelor + ELP score and/or 2 yrs Work Exp |
Bachelors + Standardised test scores + ELP scores + Work Exp |
| ELP Scores |
TOEFL / IELTS |
TOEFL / IELTS |
| Standardized Tests |
GMAT |
GRE / GMAT |
| Documents Required |
Transcripts, LORs, Professional Certificates, SOP, etc. |
Resume, 2 Video Questions, Transcripts, Essay, Relevant Coursework, etc. |
| Scholarship |
10% - 100% fee waiver |
25% - 50% waiver |
| Average Starting Salary |
AUD 73,000 |
USD 94,900 |
More details can be found at - Country Comparison: US v/s Australia
The USA is among the top-ranking countries in the world to offer Masters in Business Analytics because one USA is a #1 study destination and second, top-ranking universities of the USA offer this degree program. To name a few:
Pros of Pursuing Masters in Business Analytics in Australia
Since more and more Tech companies are hiring MBA, Data Analysts and Business Analysts, students are opting for Masters in Business Analytics in not just Australia but across other universities globally annually. The following reasons why one should pursue Masters's in Business Analytics in Australia is as follows:
-
High in Demand: Since Business Analysts are recruited widely across industries, both private and public sector undertakings in Australia, it is one good option to opt for rather than going for a typical MBA.
-
Placement Opportunities: Universities like UWA offer students internship and placement opportunities on campus, which is not available in other countries and their universities.
-
Flexible Duration: In Australia, MS in Business Analytics is offered for 1 year also and for 2 years also, then there are online options as well. Thus, it is up to the student to make a choice.
-
Better Pay: In terms of remuneration, Australia has offered Business Analysts better pay with at least a 20-30% pay hike on a quarterly basis. This comes along with other benefits like 17% superannuation and OTE payments are included which are a plus point.
-
Growth Options: The course is dynamic in nature and offers a wide variety of specializations to choose from and growth options are directly proportional to upskilling and then applying to a better company for higher pay.
-
Variety in Job Roles: There are over 30 job roles that come as options for Master's in Business Analytics degree holders in Australia. These job roles vary from a common Business Analyst to a specialised one in Investment, Commercial Data, Artificial Intelligence, Data Science, etc.
Read on: Reasons to choose Australia as your study destination
Also, apply for free counselling if willing to go to Australia for higher education. Applicants can sign up here for free - https://studyabroad.shiksha.com/apply.
Masters in Business Analytics in Australia FAQs
Q. What is the total cost of studying Masters in Business Analytics in Australia?
A. For international students the total cost of studying Masters in Business Analytics in Australia starts from AUD 79,800 and can go up to AUD 97,800 including accommodation, travel, food, entertainment, cost of books, etc. for one academic year.
Q. What are the latest revisions to accept ELP scores for admission to Masters in Business Analytics in Australia?
A. Yes, a few universities in Australia, for instance UniMelb has decided to accept ELP scores amidst COVID-19 restrictions across the globe. They are:
- Duolingo and Versant test scores have been discontinued to be accepted.
- TOEFL, Pearson PTE Academic Tests validity have stretched from 2 to 3 years now.
- TOEFL iBT Special Home Edition Test is being accepted in equivalence to TOEFL Tests, temporarily.
Q. Does eligibility criteria for Masters in Business Analytics in Australia change annually?
A. Admission criteria may or may not change annually depending upon the university’s discretion. But there may be slight changes in selection and hence, the criteria is liable to change at some point in every few years.
Q. How can Indian students calculate Australian WAM for admission in Masters in Business Analytics?
A. Australia calculates its students GPA in WAM (Weighted Average Marks) format. There are three steps for calculating WAM, they are:
- All achieved units are multiplied by the default WAM score range,
- Total all the multiplications,
- Divide this total by the sum of achieved credits for WAM total.
Q. Are any supporting documents required for admission to MS in Business Analytics in Australia?
A. Yes, in order to complete an application for admission to Masters in Business Analytics in Australian Universities. International students have to submit supporting documents like transcripts, ELP score card, letters of recommendation (2-3), statement of purpose (SOP) and in a few cases where work experience is required an updated CV too.
Q. Which subjects are offered in Masters in Business Analytics in Australia?
A. Masters in Business Analytics in Australia offers various subjects across domains of MBA like Finance, Marketing, Operations, Supply Chain, etc. widely the following subjects are opted:
- Predictive Analytics
- Big Data Analytics
- Data Analysis for Business
- Business Analytics & Visualisation
- Artificial Intelligence and Machine Learning for Business
Q. Are both MS in Business Analytics and Data Science same in Australia?
A. No, MS in Business Analytics deals with dealing with clients and taking care of business requirements. Business analysts work with structured data and analyse their business strategies accordingly. On the other hand Data Science deals with data analysis through both structured and unstructured data sets.
Q. What areas are covered for Masters in Business Analytics course at Victoria University?
A. Around 06 areas of study are covered in the curriculum of Masters in Business Analytics degree program offered in Victoria University. These areas of study are as follows:
- Data wrangling
- Predictive analytics and big data
- Security and governance of data
- IT project Management
- Mining and warehousing of business data
Q. Are there specific key roles that derive after pursuing Masters in Business Analytics?
A. Yes, Masters in Business Analytics degree holders are expected to resolve issues related to their business and come up with long term and sound solutions. These solutions maybe resolved through technology. They are also expected to manage their projects well and suggest changes for betterment in terms of progress of any ongoing project.
Q: Is Torrens University good for international students?
Torrens University Australia is one of the fastest growing universities in Australia. It offers a culturally vibrant and comfortable environment for international students. Each year thousands of international students from all over the world come to study at various courses of the university. currently, there are 3932 total students at Torrens University out of which 986 are international students.
Q: Is it hard to get into Newcastle University Australia?
The University of Newcastle is amog the universities that does not publish official data on the acceptance rate. However, as per some unofficial sources, the University of Newcastle Australia acceptance rate is 80%. This makes Newcastle University Australia moderately selective in admissions. Please note that the data on acceptance rate given above is taken from an unofficial source, therefore, it is subject to vary.
Q: Is it worth studying at Melbourne Institute of Technology, Australia?
Melbourne Institute of Technology Australia (MITA) is largely regarded as one of Australia's top institutions. It has a solid reputation in engineering, business, and science.
To begin with, Melbourne Institute of Technology Australia provides a world-class education with an emphasis on hands-on learning. You will be able to gain practical knowledge and abilities in a range of disciplines. Furthermore, the institution provides a wide range of courses and programmes that will provide you with the skills and knowledge required for a successful profession.
Second, the university is well-known on a global scale. It has the highest graduate employability rate in Australia. This is due to the great level of education and possibilities provided by the university to its students.
Third, the university boasts a broad and vibrant culture. While learning, you will be able to pursue your hobbies and meet like-minded people. This will aid in the development of your professional chances and the formation of strong relationships that will continue long after you graduate.
Fourth, the institution provides a wide range of facilities and services to make your studies more pleasurable and productive. You will be able to locate
Q: What are the admissions requirements for Torrens University Australia for international students?
The Torrens University Australia offers hundreds of courses at undergraduate and postgraduate levels. International students need to satisfy and meet both general and course-specific admission requirements to get into the university. The general admission requirements are:
- A completed higher education equivalent to an Australian university
- Bachelor’s degree equivalent to an Australian university degree
- English language proficiency
- Interviews (may be required)
- Portfolio (may be required)
- Letter of references (may be required)
Q: What are the application deadlines for University of Notre Dame?
The University of Notre Dame Australia opens its applications on May 1 2024 and closes their applications by Sep 30 for the 2024 academic year. These dates allow students apply comfortably as the applications can be given till september. Applicants must remember to submit their application forms within this timeframe to be considered for admission at the University of Notre Dame Australia.
Level of Study | Application deadlines |
|---|---|
Undergraduate | May 1, 2024 to Sep 30, 2024 (tentative) |
Postgradute | Opened throughout the year |
Q: Why to choose Bond University for MS in Australia rather than University of Queensland?
Bond University and the University of Queensland are both prestigious institutions in Australia, each with its own unique strengths. Bond University is ranked 20th in the Times Higher Education rankings of the Best Small Universities in the World and has been Australia's top university for the educational experience for 17 consecutive years.
On the other hand, the University of Queensland, located in Brisbane, is one of the leading research and teaching institutions in Australia. The university is ranked in the world's top 100 universities according to several major ranking systems, including QS (50), ARWU (47), and Times Higher Education (53).
Q: What are the benefits of studying at the University of South Australia in Adelaide?
University of South Australia is one of the leading public universities in Adelaide, Australia. It is not just one of the top universities in Australia, but also a part of the top 500 universities in the world. Listed below are some of the best reasons to study in UniSA:
- Vast variety of courses and excellence in teaching;
- Diversity and rich culture;
- Beautiful campus;
- Affordable tuition fees;
- Small class sizes; and
- Student-centred approach.
Q: Does Notre Dame offer admissions interviews?
No, the University of Notre Dame doesn’t have any admission interviews. The university strictly only checks the application forms filled by its applicants. However, it is suggested that applicants have a strong SOP, LOR, and grades before applying to the university.
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