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Master of Business Analytics in Australia: Top Reasons, Eligibility & More

Sep 05, 2024

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Some of the top companies in the world are based in Australia! The list incorporates Deloitte, PwC, Commonwealth Bank, Telstra and more, all actively seeking graduates with a Master of Business Analytics.

This program equips you with the skills needed to excel in a data-driven world, making you an asset to top employers. By studying in Australia, you'll gain a high-quality education and position yourself strategically in a market with a growing demand for analytics professionals. 

In this article, we'll explore the top reasons for pursuing a Master of Business Analytics in Australia, followed by other important information. Whether you aim to enhance your career prospects or plan to take up a new field, this guide will give you essential insights to make an informed decision. 

Let's dive in!

Table of Content

  1. Why Study Master of Business Analytics in Australia?
  2. Top Universities in Australia for Masters in Business Analytics
  3. Eligibility Criteria for International Students
  4. Cost to Study Masters in Business Analytics
  5. Job Roles for Business Analytics Graduates
  6. FAQs

Why Study Master of Business Analytics in Australia?

Australia is a top-tier destination for business education. With a perfect combination of academic rigor and real-world application, it's an ideal place to pursue a Master of Business Analytics.

Let's explore why Australia is the best choice for aspiring business analysts:

  • World-Class Education: Australia is home to several top 100 global universities, offering innovative and cutting-edge programs in Business Analytics.
     
  • Expert Faculty: Learn from renowned experts in business leadership, data science, and ethics, gaining a comprehensive understanding of business analytics and its real-world applications.
     
  • Advanced Curriculum: Many top universities offer programs accredited by prestigious organizations like the AACSB and the Australian Computer Society (ACS), ensuring you receive a high-quality, industry-recognized education.
     
  • Industry Integration: Australian universities often blend academics with practical experience, incorporating industry placements and real-world projects into their curriculum. This provides invaluable networking opportunities with leading companies and hands-on experience in the field.

Now that we've explored the benefits of studying for a Master of Business Analytics in Australia, let's highlight some top universities offering exceptional programs in this field.
 

Top Universities in Australia for Masters in Business Analytics

In this section, we will highlight some of the best Australian Universities for pursuing this course:

  • University of New South Wales, Sydney
  • Monash University 
  • University of Western Australia 
  • The University of Adelaide 
  • University of Technology Sydney
  • Macquarie University 
  • University of Wollongong
  • Deakin University 
  • La Trobe University, Melbourne
  • Griffith University 
  • Flinders University 
  • University of South Australia 

Having highlighted the top universities in Australia, let's focus on the qualifications and documentation you must possess to secure admission to any of these prestigious options.
 

Eligibility Criteria for International Students

Here is a basic overview of the general requirements that you generally need to meet to gain admission to Australian universities:

  • Australian Bachelor's Degree (or equivalent) with a high credit (at least 60%) average or GPA.
  • English Language Proficiency Scores-
     
    • IELTS: Total score of 6.5, with no bands below 6
    • PTE: Overall score of 58, with no section less than 50

These were the general entrance requirements for overseas students. For specific details about your chosen university, please visit their official website.  

After this, the next important step is to consider the financial implications of studying Master of Business Analytics in Australia.

 

Cost to Study Masters in Business Analytics

Pursuing a two-year Master of Business Analytics typically comes with an annual cost ranging from AUD 37,500 to AUD 56,000. This covers tuition, student services, and other associated fees.

Additionally, international students should factor in living expenses of up to AUD 29,710 per year while studying in Australia.

Please note that these figures are estimates and can vary depending on the specific university, location, and individual lifestyle.

Understanding the investment required to obtain this degree in Australia is essential, but it's equally important to consider the lucrative job opportunities that await graduates.
 

Job Roles for Business Analytics Graduates

Master of Business Analytics graduates are in high demand across various industries. Employers in sectors such as banking and financial institutions, business analysis firms, consulting firms, and government agencies often seek individuals with these advanced analytical skills.

In this section, we will delve into some of the most popular career prospects for business analytics graduates in Australia, along with their respective average salaries.

Job TitleAverage Annual Salary
Management ConsultantAUD 97,480
Business AnalystAUD 84,164
Business Development ManagerAUD 83,459
Human Resources GeneralistAUD 79,616
Financial Adviser Or AnalystAUD 79,187
Data AnalystAUD 76,717
Market AnalystAUD 68,489

As demonstrated by the table above, graduates in this field enjoy diverse career opportunities with competitive salaries in Australia. The strong demand for these professionals reflects the growing importance of data-driven decision-making across various industries.

With world-class universities, expert faculty, and a strong industry focus, Australia has become a preferred destination for aspiring Data & Business Analysts. Let KC Overseas Education guide you every step of the way for your masters in Australia. Our Australia Experts will ensure a seamless application & visa process in your study abroad journey. 

Ready to turn your data analytics dreams into reality? Connect with us today! 
 

FAQs

1. What is the average duration of a Master of Business Analytics program in Australia?

The duration typically ranges from 1 to 2 years, depending on the university and whether you choose a full-time or part-time schedule.


2. What scholarships are available for international students pursuing a Master of Business Analytics in Australia?

Many universities offer scholarships based on academic merit, financial need, or specific criteria related to the program. There are also private and public scholarships available.


3. Is prior work experience required for admission into a Master of Business Analytics program in Australia?

While some universities may prefer applicants with relevant work experience, it is not always a mandatory requirement. However, work experience can strengthen your application. 


4. What is the application process for international students applying for a Master of Business Analytics in Australia?

The process generally involves submitting an online application with your academic transcripts, English proficiency scores, a resume, and a personal statement. Some universities may also require an interview.


5. Can international students work while studying in Australia?

Yes, international students can work up to 48 hours per fortnight during the semester and full-time during semester breaks, which can help offset living expenses.


6. Is studying for a Master of Business Analytics in Australia better, when compared to the USA or UK?

Yes, Australia offers a unique blend of high-quality education, a strong focus on practical experience, and a multicultural environment. Therefore, making it a competitive option compared to the USA and UK.

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