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Apr 25, 2023 08:53 AM
Master’s in Business Analytics in Australia is amongst the most sought-after courses in the country due to its high demand in industries worldwide. Business Analytics involves application of statistical analysis to improve business efficiency. Business Analytics is the solution for the ever-increasing demand for complex data analysis to solve business-related problems. Programs in Business Analytics focus on providing the required technical skills and education in areas of statistics, business strategy, operations, organizational behavior, business communications, amongst other focus areas.
For Master programs in Business Analytics, students are trained in Business Intelligence and made familiar with Data Analysis tools. Recent statistics say that the average salary of a Business Analytics professional is AUD125,000 to 200,000 annually, depending on their experience level. There is a high demand for Business Analytics professionals in Australia, owing to increasing dependency on data analysis for effective functioning of organizations. Studying in Australia is a dream for international students. This article provides complete details for your higher studies in Australia.
1. Monash University
Monash University
By doing a Master of Business Analytics from Monash University, you will develop an in-depth understanding on how to use data to predict the future. This skill helps open doors for new exciting job prospects and opportunities. You will learn cutting-edge techniques and gain a solid foundation in statistics, probability and computational methods. This degree prepares you for a role of a data scientist, and your skillset will become more relevant across all industries, giving you the freedom to join your dream job.The rapidly increasing demand for data scientists in corporate, government and non-profit sectors across the globe has made Business Analytics one of the most sought-after degrees in the world. The teaching staff at Monash University has strong connections with the industry and has worked with numerous organizations. Some organizations with alumni from Monash University include Facebook, Tennis Australia, Amazon, Booking.com.
Program List :
🠪 Master of Business Analytics
Course Details :
🠪 Tuition Fee – A$ 36000🠪 Course Duration – 2 years
2. University of Melbourne
University of Melbourne
The Master of Business Analytics in Australia at the Melbourne Business School gives you the opportunity and knowledge to become an outstanding data scientist with expertise in mathematics and information systems. The Master of Business Analytics program also enables you to approach analytics from a strategic perspective of a business leader. This advanced one-year, full-time degree focuses on quantitative methods and the role of data in decision-making. You learn how data can drive decision through statistical and quantitative analysis, explanatory and predictive modelling and fact-based management.
Program List :
🠪 Master of Business Analytics
Course Details :
🠪 Tuition Fee – A$ 49500🠪 Course Duration – 1 year
3. University of Sydney
University of Sydney
The Master of Business Analytics program offered by the University of Sydney is a course that enables you to master quantitative analysis and apply them in a business setting. In today's business environment, there are often vast amounts of data available, but there are few people with the skills to realize its profit potential - that is where you have a role to play as a data expert. This specialization provides opportunities to apply sophisticated analytical approaches in multiple functional areas such as in accounting, marketing, finance and operations.
Program List :
🠪 Master of Business Analytics
Course Details :
🠪 Tuition Fee – A$ 36500🠪 Course Duration – 1 year
4. RMIT University
RMIT University
The Master of Analytics program by RMIT offers you a chance to gain in-depth knowledge of business data. The program modules are completely flexible. This course at RMIT University prepares you for statistical analysis in the business world with a wide range of electives, as there is a focus on work-integrated learning.
Program List :
🠪 Master of Analytics
Course Details :
🠪 Tuition Fee – A$ 25920🠪 Course Duration – 2 years
5. Queensland University of Technology
Queensland University of Technology
At the Queensland University of Technology, the Master of Data Analytics course covers data analysis techniques that are efficient for extracting useful data from business enterprise databases. The course starts with an introduction to the concept of business process management, and it gradually expands to the idea of monitoring and controlling data. The course then follows up with details on processing data, data analysis and data mining. Course modules include process discovery, conformance checking and performance analysis.
Program List :
🠪 Master of Data Analytics
Course Details :
🠪 Tuition Fee – A$ 26400🠪 Course Duration – 2 years
6. University of Technology Sydney
University of Technology Sydney
Businesses that are able to make decisions based on data are sure to prosper. In these highly competitive markets filled with information, knowing how to effectively handle data is the secret skill that leads to success. Professionals who want to succeed in this data-driven world should be able to understand the numbers and also be able to communicate insights about what is new in the world. At the University of Technology Sydney, the Master of Business Analytics program is designed to meet the needs of businesses. They hone professionals with either a business or an IT background that are looking for an interdisciplinary degree.
Program List :
🠪 Master of Business Analytics
Course Details :
🠪 Tuition Fee – A$ 32540🠪 Course Duration – 2 years
7. University of South Australia
University of South Australia
Founded in 1856, the University of South Australia is a publicly-funded research-intensive university located in South Australia. Established under the University’s Act, the University of South Australia has been consistently ranked among the 50 top best universities in the world by both World University Ranking and Times Higher Education. The Master of Management program offered by the University of South Australia with a specialization in Business Analytics is a unique course that focuses on data-driven decision making. Program modules teach students about strategizing, policy making, data visualization and effectively communicating data to all levels of management.
Program List :
🠪 Master of Management (Business Analytics)
Course Details :
🠪 Tuition Fee – A$ 37,700 Per Annum🠪 Course Duration – 1.5 years full-time
8. Deakin University
Deakin University
With campuses in Warrnambool, Melbourne's Burwood suburb, Geelong Waterfront and Geelong Waurn Ponds, Deakin University is one of the fastest growing universities in the country. Located in Australia, Deakin University was established in 1974 and is a publicly funded university. Ranked high by independent bodies for the employability of graduates, Deakin University falls in the top 2% of the best universities in the world according to QS World University Rankings. The Master of Business Analytics program offered by Deakin University introduces young professionals to advanced data research tools and techniques.
Program List :
🠪 Master of Business Analytics
Course Details :
🠪 Tuition Fee – A$27,800 Per Year🠪 Course Duration – 1.5 years
9. La Trobe University
La Trobe University
Located in Melbourne, Australia, La Trobe University is a publicly-funded research university that was founded in 1964. La Trobe University’s Master of Business Analytics program delivers hands-on practical skills that are needed to create business solutions such as predictive modelling, risk assessment and digital innovation. In the final year, you can graduate with an additional certificate from the SAS.
Program List :
🠪 Master of Business Analytics
Course Details :
🠪 Tuition Fee – A$ 34400🠪 Course Duration – 2 years
10. Victoria University
Victoria University
Based out of Melbourne, Australia, Victoria University is a publicly-funded research-intensive university that was founded in 1916. Victoria University's business master’s program in Business Analytics matches world-class standards. They have strong industry connections, offering real-life experiences and networking opportunities. During your study at the university, you will develop practical and latest knowledge of SAP software. They also provide you with experience and online access to a comprehensive suite of SAP Business Intelligence/Business Analytics (BI/BA) software applications and technology.
Program List :
🠪 Master of Business Analytics
Course Details :
🠪 Tuition Fee – AUD$22,400 Annual Fee🠪 Course Duration – 1.5 years
Conclusion
The Business Analytics industry is growing exponentially in Australia and students who pursue Masters in Business Analytics in Australia are in high-demand due to their specialized skill-set. However, it is essential that you choose the right Australian university to have a successful career. Multiple factors need to be looked into like rankings, visa regulations, industry ties, and costs amongst many more things. This article on Top 10 Universities for Master's in Business Analytics in Australia aims at giving an overview of top universities, program structure, duration, cost involved, etc., which will help you make an informed decision.
