Australia is renowned for its high-quality education system, boasting globally recognised universities that consistently rank among the world’s best. The country’s dedication to innovation and technology is evident in its academic programs, making it a sought-after destination for students aspiring to pursue business analytics. The MBA in Business Analytics in Australia emphasises a curriculum designed to equip students with strategic decision-making skills and a unique skill set for a competitive edge.
Australia features esteemed universities offering unparalleled education. Of the popular universities, The University of Melbourne and the University of Queensland for Master of Business Analytics, are admired among the aspirants aiming to pursue this course.
Master’s In Business Analytics In Australia: Highlights Of The Course
- MBA in Business Analytics in Australia is a 1-2 year program focusing on analytical skills required for business strategy development.
- The minimum admission requirement for the Master of Business Analytics in Australia is to hold a Bachelor’s degree in a related field of study, along with an IELTS score of at least 6.5 or above or an equivalent TOEFL score of 86+.
- The total tuition fees for top universities offering MBA in Business Analytics in Australia range between 35,000 AUD and 65,000 AUD (19-35 Lakh INR).
- Top employers for Business Analytics postgraduates in Australia include companies such as SAS, Microsoft, IBM Cognos, and Accenture.
Top Universities For MBA In Business Analytics Australia
Here is a list of the best universities in Australia for MBA in Business Analytics:
| University | Course | Fees |
| Monash University | Master of Business Analytics (18-24 months, depending on qualifications) | AUD 47,800 |
| University of Western Australia | Master of Business Analytics (18-24 months) | AUD 65,200 |
| Deakin University | Master of Business Analytics (One to two years) | AUD 28,600 per year |
| La Trobe University | Master of Business Analytics (Two years) | AUD 35,800 per year |
| Bond University | Master of Business Data Analytics (16 months) | AUD 16,780 per semester |
| Western Sydney University | Master of Business Analytics (Two years full-time; four years part-time) | AUD 31,760 |
| The University of Melbourne | Master of Business Analytics (One year) | AUD 55,000 per year |
| Victoria University | Master of Business Analytics (Two years) | AUD 15,500 (INR 8.36 lakh) per semester |
| University of Technology Sydney | Master of Business Analytics (18 months full-time or three years part-time) | AUD 927(INR 50,038) per credit point |
MBA In Business Analytics In Australia: Admission Process And Eligibility
While specific requirements for an MBA in Business Analytics in Australia may vary across universities, there are common criteria that every applicant must meet. The fundamental requirements and processes include:
- Academic Degree: Bachelor’s degree in a related field.
- English Proficiency Test Score: Attainment of a minimum IELTS score of 6.5 or a TOEFL score of 86 and above to apply for an MBA in Business Analytics in Australia.
- Statement of Purpose (SOP) for Business Analytics: Submission of a 1-2 page letter expressing your enthusiasm for the program and highlighting your future aspirations.
- Letters of Recommendation (LOR): Providing at least 2 academic letters of recommendation (LOR).
MBA In Business Analytics In Australia: Study And Living Costs
The tuition fees for pursuing an MBA in Business Analytics at leading institutes in Australia are outlined below:
| University Name | Tuition Fees (AUD) | Tuition Fees (INR) |
| The University of Melbourne | 70,400 | 36 Lakh |
| University of Adelaide | 49,000 | 26.82 Lakh |
| Macquarie University | 40,800 | 22.33 Lakh |
| La Trobe University | 36,400 | 19.92 Lakh |
| Western Sydney University | 33,352 | 18.25 Lakh |
| University of Wollongong | 48,096 | 26.33 Lakh |
Apart from the tuition fees, you will also need to consider the living expenses that you will have to incur while going for your post-graduation studies. Here is a detailed break-up of the cost of living as a student in Australia:
| Expenses | AUD |
| Off-Campus Accommodation | 800 |
| On-Campus Accommodation | 1754 |
| Transportation | 150 |
| Food Cost | 780 |
| Utility Cost | 205 |
| Entertainment | 80 |
| Groceries | 68 |
| Clothes | 153 |
| Total Cost of Living with Off-Campus Accommodation | 2236 |
| Total Cost of Living with On-Campus Accommodation | 3190 |
| Annual Cost of Living | 26832 |
Scholarships
International students have the opportunity to receive scholarships based on their academic performance, involvement in extracurricular activities, and relevant work experience. The table below outlines the total tuition fees alongside the available scholarship amounts or percentages for those aspiring to go for a Master’s in Business Analytics in Australia:
| University | Fees | 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 |
Jobs And Career Scope
After obtaining an MBA in Business Analytics in Australia, graduates gain extensive experience in applying theoretical knowledge to the practical world. The program emphasises equipping students with innovative business concepts for profit, analytical thinking for crafting business strategies, and thorough planning to excel in a competitive business environment. Post-course completion, obtaining a post-study work visa in Australia is necessary.
Below is a compilation of popular job profiles and the typical remuneration candidates receive after completing a Master’s degree in Business Analytics from renowned Australian universities:
| Profession | Average Salary (AUD) | Average Salary (INR) |
| Business Planning Executive | 68,769 | 37 Lakh |
| Business Analyst | 83,080 | 45 Lakh |
| Data Insights Analyst | 73,557 | 40 Lakh |
| Data Scientist | 93,065 | 50 Lakh |
| Management Consultant | 92,416 | 50 Lakh |
| Financial Analyst | 77,076 | 42 Lakh |
There is a wide array of part-time jobs available in Australia for international students. Many reputable companies also look for postgraduates with an MBA in Business Analytics for part-time roles.
FAQs
Is MBA in Business Analytics good in Australia?
Yes, pursuing an MBA in Business Analytics in Australia can be a beneficial and rewarding choice. The programme equips students with the skills to analyse data and make informed business decisions.
Which university is best for Business Analytics in Australia?
The leading universities to pursue Master’s in Business Analytics in Australia include Monash University, University of Western Australia, Deakin University, La Trobe University, Bond University, Western Sydney University, amongst others.
What is the cost of pursuing a Master’s in Business Analytics in Australia?
You will normally have to spend AUD 40,000-77,000 (approximately INR 22-39 lakh) per year on tuition fees to complete your Master’s in Business Analytics in Australia.
What is the eligibility criteria for a post-graduate Business Analytics course in Australia?
The minimum admission requirement for Master’s 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+.
Does going for an MBA in Business Analytics reward a thriving career in Australia?
Yes, Australia has a broad scope for business analysts as reputed companies are seeking post-graduates in this field. This opens doors of brilliant opportunities for the aspirants.
1 thought on “Top PGDM Courses In Canada: Universities, Specialisations & Eligibility”
I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further