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Masters in Business Analytics in Australia

Highlights of Studying Masters in Business Analytics in Australia

  • Business analytics is a rapidly growing field in Australia.

  • About 2,000-3,000 students enroll in Master's in Business Analytics annually.

  • Over 8 Australian universities offering Masters Business Analytics are AACSB accredited.

  • 2 Universities come under QS World University Ranking 2023 for Business Analytics.

  • Job growth for Business Analytics grads is projected to soar by 24% by 2026.

  • Business Analytics is a PR pathway course on the Strategic Skills List.

  • In Australia, business analysts earn triple compared to other professions.

  • By 2023, Business Analytics graduates' job opportunities are set to reach 26,100.

Recognitions

Masters in Business Analytics in Australia

Australia has gained recognition as a prominent destination for international students seeking to Study business analytics in australia. The country offers a plethora of high-quality Business Analytics programs at top-notch universities, and Australian graduates are highly regarded worldwide.

Australia's universities are dedicated to providing high-caliber education. This commitment to excellence extends to the Master of Business Analytics programs offered in Australia. These programs are meticulously crafted to adhere to international standards, guaranteeing students access to a thorough and comprehensive education.

A distinguishing characteristic of business analytics masters in australia is their robust emphasis on industry relevance. These masters programs are forged through close partnerships and collaborations with key industry players and stakeholders. This collaborative effort ensures that the program's curriculum remains closely attuned to the evolving requirements and expectations of the job market.

There are many Key Advantages of Pursuing a masters in business analytics in australia.

Furthermore, the Australian Business Analytics programs are meticulously crafted in consultation with industry partners. This ensures that graduates possess the skills and knowledge sought after by employers, making them job-ready. Australia boasts a thriving job market for business analysts, with competitive salaries.

International students find it easy to integrate into this diverse community, fostering global perspectives and cultural exchange. International students pursuing a Master of Business Analytics in Australia may qualify for various scholarships and grants, alleviating the financial burden of tuition fees. The Australian government's Endeavour Scholarships program is one such initiative supporting postgraduate studies. Connect with one of our GoAustralia experts to know more about the scholarship aligning with your profile!

Upon graduation, international students completing a Master of Business Analytics program in Australia may be eligible for a post-study work visa. This pathway can eventually lead to permanent residency, providing a valuable opportunity to build a long-term career in the country.

Australia's higher education system is renowned for its quality and diversity, making it an ideal destination for those aspiring to excel in the field of business analytics. With world-class education, a thriving job market, and a welcoming environment, Australia offers a comprehensive package for international students seeking a Master of Business Analytics degree.

Choosing Australia as your study destination offers the advantage of receiving a top-notch education and gaining access to outstanding research facilities. You should choose it right away! GoAustralia is a leading overseas education consultancy specializing in helping students study their goals and accomplish their education dream in Australia -the “Land Down Under.” We have decades of expertise that can help you choose the right path and help you face a steady and smooth application process. Call us now!

Masters in Business Analytics in Australia
Masters in Business Analytics in Australia

Scope of Masters in Business Analytics in Australia

In recent years, the scope of masters in business analytics in australia has surged, mirroring the exponential growth in the field. Organizations increasingly rely on the expertise of business analysts to drive decision-making and strategic planning, given the unprecedented volume, variety, and quality of available data. Consequently, the career prospects of masters in business analytics in australia have expanded significantly.

Business analytics has evolved into a pivotal skill for enterprises operating in fiercely competitive markets. Over the next five years, job opportunities for graduates with expertise in business analytics are projected to grow by more than 20%. A graduate degree in business analytics opens doors to various roles; find the Job opportunities after MS in Business Analytics in Australia below:

  • Operations and General Management Manager
  • Business Analyst
  • Finance Manager
  • Financial Analyst
  • Management Analyst
  • Market Research Analyst
  • Marketing Specialist

According to the Australian Computer Society (ACS), the field of business analytics is set to grow by 15% from 2021 to 2026, presenting a wealth of career avenues. Virtually every Australian university offers diverse learning experiences, such as internships, placements, study tours, and immersion programs, enabling students to apply their classroom knowledge to real-world scenarios. Students may also have the opportunity to collaborate with renowned global corporations and secure assignments both in Australia and abroad.

The fact that 95% of Australian businesses employ data analytics to inform their decisions underscores the increasing importance of MSc in business analytics scope in Australia. Organizations of all sizes harness data to steer their decision-making processes, with business analysts serving as crucial facilitators in collecting, analyzing, and interpreting data for informed decision-making.

The anticipated 15% growth in demand for business analysts between 2021 and 2026 is further evidence of their strong foothold in Australia. This growth is propelled by several factors, including:

  • The pervasive adoption of data analytics across businesses.
  • The escalating intricacy of business operations.
  • The imperative to enhance business efficiency and productivity.
  • The necessity for making sound decisions in a rapidly evolving landscape.

Business analysts play an indispensable role in helping organizations achieve their objectives by providing the insights required for informed decisions. They collaborate with diverse stakeholders, including business leaders, IT professionals, and data scientists, to devise and execute data-driven solutions to business challenges.

For those interested in studying for a Master's in Business Analytics, Australia stands as an excellent destination. Demand for business analysts is robust, and compensation packages are competitive. Armed with a Master of Business Analytics degree from an Australian institution, you'll be well-prepared to seize these opportunities and embark on a rewarding career in this dynamic field. You can choose the right university and program according to your profile and skill with our expert assistance. GoAustralia can help you shortlist the best fit for your educational journey. Get in touch with us soon by giving a callback request!

Masters Courses in Business Analytics in Australia

Australia is a great place to study for MS Programs in Business Analytics in Australia. Australian universities offer world-class education and industry-focused programs. Most Master of Business Analytics programs in Australia have two intakes per year, but some programs may offer additional intakes throughout the year. The two major intakes per year come in February and July.

Studying a business analytics postgraduate courses in australia offers several advantages. Many Australian colleges integrate industrial projects into their Business Analytics courses, enhancing cognitive skills by applying data analytics in real-world corporate scenarios. These projects also provide networking opportunities with influential industry professionals, facilitating valuable connections for future career prospects. Additionally, these programs are typically designed in consultation with industry partners, ensuring that graduates possess the skills and knowledge demanded by employers.

Some of the Top business analytics masters courses in australia include the following:

  • Master of Business Analytics at the University of Western Australia
  • Master of Business Analytics at RMIT University
  • Master of Business Analytics at Deakin University
  • Master of Business Analytics at Monash University
  • Master of Business Analytics at the University of Adelaide
  • Master of Business Analytics at the University of Sydney
  • Master of Business Analytics at the University of Melbourne
  • Master of Business Analytics at UNSW Sydney
  • Master of Business Analytics at the University of Queensland
  • Master of Business Analytics at Victoria University

Application deadlines for Master of Business Analytics programs in Australia are subject to variation based on the specific university and program. But you don’t have to worry about missing the application deadlines when you’re applying through GoAustralia. Our counselors are well-informed of the current requirements and dates to help you deal with a hassle-free application process to your dream Business Analytics Masters program.

Below is the list of top courses for Masters in Business Analytics in Australia:

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Top Universities for Masters in Business Analytics in Australia

Australia is a highly sought-after destination for international students pursuing a Master of Business Analytics degree. The country boasts a plethora of prestigious programs at leading universities, with graduates from Australian institutions being in high demand globally.

Some of the best universities for masters in business analytics in australia include:

  • The University of Melbourne
  • Monash University
  • The University of Sydney
  • UNSW Sydney
  • The University of Queensland

These esteemed universities provide top-tier education and offer programs tailored to industry needs. Curricula typically encompass a wide array of subjects, such as data analysis, machine learning, statistical modeling, and business intelligence. Additionally, students have the opportunity to engage in internships or placements with prominent businesses and organizations.

Upon completion of a Master of Business Analytics program at one of these renowned universities, graduates are exceptionally well-prepared for successful careers across various sectors, including consulting, financial services, information technology, and retail.

According to the QS World University Rankings by Subject 2023, the top universities for masters in business analytics in Australia are as follows:

  • The University of Melbourne (ranked 11th globally)
  • Monash University (ranked 15th globally)
  • The University of Queensland (ranked 24th globally)
  • UNSW Sydney (ranked 23rd globally)
  • The University of Sydney (ranked 22nd globally)

The top colleges in Australia for Masters in Business Analytics offer advanced programs that allow students to build a professionally distinguished career after Masters in Business Analytics. But you have to choose the top university in Australia to not miss out on progressing after education, GoAustralia can aid you with it. We can help you shortlist the perfect University for you. We process your application and prepare the perfect profile that would make you the most acceptable student out of all the applicants.

Find the list of top Business Analytics Universities below:

Business Analytics Curriculum in Australia

The Master of Business Analytics in Australia Syllabus commonly offers variations in credit points, typically encompassing 8, 12, or 16 credits. The precise credit point allocation hinges on the extent of credit granted for prior learning, which may include professional experience and previous qualifications. This recognition of prior learning can result in both time and cost savings for students.

Within the program's core units, students are introduced to a suite of research tools and techniques. These core units serve as a platform for acquiring analytical skills and gaining practical experience in utilizing these skills within professional contexts.

An integral component of the program entails the completion of a capstone unit. This capstone unit necessitates students to amalgamate the proficiencies cultivated throughout their course of study. It culminates in the creation of an applied research project replete with references to pertinent scholarly literature.

The Curriculum of Masters in Business Analytics in Australia typically includes courses in:

  • Data analysis
  • Data mining
  • Machine learning
  • Statistical modeling
  • Business intelligence
  • Data visualization
  • Communication
  • Leadership

Below, you can find some specializations in the Master of Business Analytics in Australia Subjects which will be learned during the course

  • Foundation Skills in Data Analysis
  • Business Intelligence and Database
  • Value of Information
  • Descriptive Analytics and Visualisation
  • Predictive Analytics
  • Decision Modelling for Business Analytics
  • Machine Learning in Business
  • Real World Analytics
  • Advanced Artificial Intelligence for Business
  • Cyber Security Strategies
  • Decision Analytics in Practice

For more information on the curriculum, subjects, syllabus, and core structure of a Master in Business Analytics course, get in touch with our GoAustralia Education experts. We can help you by providing you with all the details that you could need. Give us a callback request soon!

Entry Requirement for Masters in Business Analytics in Australia

Like every other university and country, there are certain Study Masters in Business Analytics in Australia requirements that a student must meet in order to be a good candidate for business analyst courses in Australia. These criteria are typically designed to ensure that students have the necessary skills and knowledge to succeed in the program and in the field of business analytics.

Selection is based on academic merit, work experience, likelihood of success, availability of places, participation requirements, regulatory requirements, and individual circumstances.

International students will need to meet the minimum course Entry Requirements for Master of Business Analytics in Australia to be considered for selection, but this does not guarantee admission.

Admission credit may be applied depending on your professional experience and previous qualifications. The Academic requirements for the courses include the following-

  • 1 year full-time (or part-time equivalent) - 8 credit points
  • 1.5 years full-time (or part-time equivalent) - 12 credit points
  • 2 years full-time (or part-time equivalent) - 16 credit points
  • English language proficiency requirements

The Eligibility Criteria for Business Analytics in Australia Universities include:

  • Bachelor degree
  • IELTS overall score of 6.5 (with no band score less than 6.0) or equivalent
  • Other evidence of English language proficiency

The university will consider your academic merit, work experience, and other factors when selecting you for the Master of Business Analytics program.

  • You must meet the minimum requirements to be considered,
  • Students can get admission credit depending on experience and qualifications.

If you’re applying through GoAustralia, you definitely won’t miss the cut for admission. Our consultants put tremendous efforts into making our students a well-rounded up profile; SOP, LOR, and many more are included in our services. Get in touch with us to learn more.

The entry requirement for MS in Business Analytics in Australia for each university is given below:

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English Requirements for Masters in Business Analytics in Australia

An International student should take an English language test to fulfill the Minimum English Language Requirements for Masters in Business Analytics in Australia, it's advisable to commence your preparation well in advance. Numerous resources are at your disposal to aid in your test preparation, including online courses, reference books, and practice examinations.

Here are some valuable tips to assist you in getting the Minimal English Scores for Master in Business Analytics in Australia:

  • Start by evaluating your strengths and weaknesses in English language skills. Identifying areas that require improvement allows you to target your preparation effectively.
  • Regular practice is key to building confidence and familiarity with the test's format and content. The more you practice, the more at ease you'll become.
  • Engage in practice tests to gain a firsthand understanding of the actual test experience. These mock examinations enable you to pinpoint areas in need of further refinement.
  • Consider seeking feedback from a qualified English instructor or tutor. Their expertise can help you identify errors and receive valuable tips for enhancement.

For admission to a program, you can choose from several Accepted English tests for Masters in Business Analytics in Australia. The following are the commonly recognized options:

  • IELTS (Academic Module): Attain an overall score of 6.5, with no individual band score falling below 6.0.
  • TOEFL iBT: Secure an overall score of 86, ensuring that no section score falls below 22.
  • Pearson Test of English (Academic): Achieve an overall score of 61, with no section score dipping below 55.
  • Cambridge English: Advanced (CAE): Obtain an overall score of 176, with no individual band score lower than 169.

Furthermore, some universities may accept a student for admission without English tests. To know more about the alternative ways of English language tests, call our GoAustralia experts.

The English language requirement for MS in Business Analytics in Australia is given below:

IELTS Requirements for Masters in Business Analytics in Australia

The International English Language Testing System (IELTS) stands as the world's most widely recognized English language proficiency examination for individuals whose native language is not English. The IELTS test comprises four components: Listening, Reading, Writing, and Speaking. The Listening, Reading, and Writing assessments are typically conducted on the same day and collectively consume a total of 2 hours and 45 minutes. On the other hand, the Speaking test usually takes place on a separate day and lasts approximately 15 minutes.

The specific Minimum IELTS score requirement for Master of Business Analytics in Australia varies depending on the university. Nonetheless, most universities stipulate an overall score of 6.5, with no individual band score falling below 6.0.

The IELTS Score range for MSc Business Analytics in Australia typically falls between 6.5 and 7.5. It's worth noting that certain prestigious universities may necessitate a higher score, such as 7.0 or 7.5.

Below you can find the IELTS score of Top Universities for Business Analytics in Australia:

  • University of Sydney: An overall score of 6.5 (with no band score less than 6.0).
  • Monash University: A minimum overall score of 6.5 (with no band score below 6.0).
  • UNSW Sydney: An overall score of 6.5 (with no band score less than 6.0).
  • University of Queensland: An overall score of 6.5 (with no band score less than 6.0).
  • University of Melbourne: An overall score of 6.5 (with no band score less than 6.0).

There are a few universities in Australia where you can study Masters in Business Analytics in Australia without IELTS. To know about this, reach out to GoAustralia

Below, you can check the IELTS scores for Top Universities in Australia for their Business Analytics programs:

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PTE Requirements for Masters in Business Analytics in Australia

The Pearson Test of English (PTE) stands as a globally recognized computer-based assessment of English proficiency. Its primary purpose is to evaluate the listening, reading, writing, and speaking abilities of individuals for whom English is not their native language.

The PTE examination is divided into four distinct segments:

  • Listening: This component evaluates your capacity to comprehend spoken English.
  • Reading: This segment gauges your aptitude for reading and comprehending English texts.
  • Writing: In this section, your ability to compose in English is assessed.
  • Speaking: This part evaluates your proficiency in spoken English.

PTE scores are determined on a scale ranging from 10 to 90, with 90 representing the highest attainable score. The overall score is derived by averaging the scores achieved in each of the four test sections.

The specific Minimum PTE Score Requirement for Master of Business Analytics in Australia can vary from one university to another. Nonetheless, most universities generally stipulate overall PTE scores for Master of Business Analytics in Australia of 61, with no individual section score falling below 55.

Here are the PTE Scores of Top Universities for Business Analytics in Australia:

  • University of Melbourne: A minimum overall score of 61 (with no section score less than 55).
  • Monash University: An overall score of 61 (with no section score less than 55).
  • UNSW Sydney: An overall score of 61 (with no section score less than 55).
  • University of Sydney: A required overall score of 61 (with no section score less than 55).
  • University of Queensland: An overall score of 61 (with no section score less than 55).

The PTE test serves as a valuable alternative for individuals seeking to fulfill English language requirements for admission to Business Analytics programs in Australia. To know more about PTE scores, get in touch with us right away!

Check the PTE Score range for each University for MS in Business Analytics in Australia in the list below:

Tuition fee for Masters in Business Analytics in Australia

The expenses associated with pursuing a Business Analytics course fees in Australia are subject to variation contingent on the specific university and program selected. However, as a general guideline, most MS Business Analytics programs in Australia are affordable for International students. The MSc Business Analytics fees in Australia typically incur costs ranging from A$35,000 to A$65,000 per annum.

It's important to note that the cost of living in Australia is relatively high, and international students should allocate approximately A$20,000 annually to cover living expenses.

For international students seeking the most budget-friendly options, the Master of Business Analytics (Professional) program at Victoria University stands as the Cheapest Master of Business Analytics in Australia for international students. The tuition fee for this program amounts to A$35,000 per year. Additionally, there are other reasonably priced Master of Business Analytics programs in Australia available to international students, including:

  • Master of Business Analytics (Professional) at RMIT University
  • Master of Business Analytics at Deakin University

For those considering a Master of Business Analytics journey in Australia, it is advisable to conduct thorough research on the available programs, comparing their costs and unique features. There exist several avenues through which the applicants can finance the Masters in Business Analytics for Indian students, They include-

  • Scholarships: Numerous scholarships are accessible to international students pursuing studies in Australia. You can explore scholarship opportunities by getting 100% scholarship guidance from GoAustralia.
  • Student loans: We have a special team dedicated to helping our students find loans with the lowest interest rates in the market according to their profile. Give us a call to know more!

The tuition fee for an MS in Business Analytics in Australia at each University can be found below:

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Salary for Masters in Business Analytics in Australia

The salary for individuals holding a Master's degree in Business Analytics in Australia can exhibit substantial fluctuations contingent on several factors. These variables encompass the particular job position, geographical location, years of experience, and the industry in which one is employed. This can be attributed to the burgeoning demand for professionals proficient in data-driven decision-making, which is pivotal in the contemporary business arena.

The typical annual Average salary after Masters of Business Analytics in Australia is around $106,000. Nonetheless, this salary range is subject to variation and hinges on several influencing factors:

  • Experience: Business analysts with greater work experience generally command higher salaries.
  • Skills: Business analysts possessing specialized skills, such as expertise in data mining or machine learning, often secure more substantial salaries.
  • Industry: Salaries can significantly differ based on the industry in which a business analyst is employed. For instance, those working in well-paying sectors like financial services and consulting typically enjoy higher earning potential.
  • Location: Business analysts stationed in major cities such as Sydney and Melbourne often receive more generous compensation packages.

Here's a breakdown of the salary range for business analysts in Australia who hold a Master of Business Analytics degree, categorized by their level of experience:

  • Entry-level: The Starting Salary for Master of Business Analytics in Australia typically falls in the range of A$80,000 to A$100,000 annually.
  • Mid-level: Mid-career business analysts typically earn salaries ranging from A$100,000 to A$120,000 annually.
  • Senior-level: Experienced Business Analytics graduate salary in Australia at the senior level typically get salaries between A$120,000 and A$150,000 or more each year.

To know more about the salary after studying Masters in Business Analytics at a top Australian University, connect with our GoAustralian experts!

Top Business Analytics Companies in Australia are

Numerous Australian firms present an array of employment prospects within the realm of business analytics. These organizations are renowned for providing appealing salary packages and comprehensive benefits. In addition to these prominent corporations, there exists a vibrant landscape of smaller startups and emerging enterprises actively seeking the expertise of business analysts. Such ventures frequently extend a unique arena ripe for fostering innovation and personal career advancement. Below, find the top Business Analytics organizations in Australia:

  • Commonwealth Bank of Australia
  • National Australia Bank
  • Westpac Banking Corporation
  • ANZ Bank
  • Telstra
  • Optus
  • Accenture
  • Deloitte
  • EY (Ernst & Young)
  • KPMG
  • PwC (PricewaterhouseCoopers)
  • Bain & Company
  • Boston Consulting Group
  • McKinsey & Company
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Job Role of MS in Business Analytics in Australia

The employment landscape for business analysts in Australia is robust and anticipated to expand in the foreseeable future. This growth is driven by the escalating demand for data-centric decision-making practices across all sectors. Graduates of Master of Business Analytics programs in Australia have a wealth of diverse career prospects at their disposal. Find the Job opportunities after Masters in Business Analytics in Australia:

  • Business Analyst: Business analysts collaborate with organizations to pinpoint and resolve issues by gathering, scrutinizing, and interpreting data. Their expertise is harnessed to devise and implement solutions aimed at enhancing business efficiency and profitability.
  • Data Analyst: Data analysts are responsible for the collection, cleansing, and examination of data to detect trends and patterns. Their insights aid businesses in making informed decisions concerning products, services, and operations.
  • Machine Learning Engineer: Machine learning engineers specialize in developing and deploying machine learning models to tackle real-world challenges. They create algorithms capable of learning from data and making predictions without explicit programming.
  • Business Intelligence Analyst: Business intelligence analysts leverage data visualization tools and methodologies to craft reports and dashboards that facilitate businesses in comprehending their performance and enhancing decision-making.
  • Data Scientist: Data scientists employ their proficiency in statistics, computer science, and mathematics to unravel intricate problems through data analysis. They operate across a spectrum of industries, encompassing finance, healthcare, and technology.

Beyond these specific roles, graduates of Master of Business Analytics programs in Australia have a multitude of other avenues to explore. For instance, many opt for consultancy or freelance work, extending their services to a diverse clientele. To know more about the Job roles and the current job market for a Master in Business Analytics graduate in Australia, give us a call now!

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FAQ:


Is pursuing a Master's in Business Analytics in Australia a wise choice?

Australia boasts top-ranked universities worldwide, all offering Master's programs in Business Analytics. Notably, more than 08 Australian universities providing Master's in Business Analytics hold accreditation from AACSB. To know the other reasons why you should choose Australia, connect with our GoAustralia education experts.


What is the typical salary range for individuals holding a Master's in Business Analytics in Australia?

Professionals in Business Analyst roles in Australia typically enjoy an annual average salary that spans from $105,000 to $125,000. To know more about the fresher's salary and the starting salary for a business analytics graduate in Australia, get in touch with GoAustralia.


Is a Master's in Business Analytics program in Australia conducive to obtaining a Permanent Residency (PR)?

In Australia, Business Analytics is classified among the MTSSL (Medium and Long-term Strategic Skills List) occupations, making it a pathway that can contribute to achieving Permanent Residency status. To know more about this, call us now!


Are GMAT scores mandatory for admission into Master's in Business Analytics programs in Australia?

Indeed, many universities in Australia require applicants to furnish GMAT and GRE scores when applying for Master's in Business Analytics programs. However, it's important to note that additional factors are also considered during the application process for Master's programs in Australia. Get to know more by contacting our Australia study experts.


How can I apply to study Master in Business Analytics in Australia?

You can apply through us, GoAustralia. We have the right resources to help you navigate through a seamless admission process. Our 10+ services are free, and our expert personalised guidance can be the best educational decision that you take. We even offer application fee waivers to students applying through us.


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