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Master of Business Analytics in Australia 2024: Fees, Ranking, Universities

Master of Business Analytics in Australia 2024: Fees, Ranking, Universities

Edited By Sareena Kaur Sethi | Updated on Jul 23, 2024 06:19 PM IST

Business analytics has been among the top Master's programme across the globe in recent years. Many employers from top companies are looking for graduates who have completed their master's in business analytics, therefore, leading to an upsurge in the job market. However, one of the best countries to pursue this course among international students is Australia.

Pursuing a Master of Business Analytics in Australia can be life-changing for many study abroad aspirants as the country is home to some of the top universities in the world. It offers a diverse culture, popular specialisations, world-class education, wide-scale job opportunities, and much more. The best master of business analytics Australian universities based on the above-mentioned factors include the University of Melbourne, University of Sydney, Monash University, University of Western Australia, etc.

Moreover, Master of Business Analytics in Australia fees for Indian students is around AUD 30,000 to AUD 60,000 per annum. This tuition fee range for pursuing masters in business analytics stands apart from the cost of living in Australia as an international student. However, there are plenty of scholarships and financial aid available to support the educational expenses of pursuing a master of business analysis in Australia.

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International students should also be aware of the common requirements that are important to fulfill while applying for a Master of Business Analytics in Australia like a higher GPA, English proficiency exams (IELTS/TOEFL), GRE or GMAT scores, valid student visas for Australia from India, and much more. Read the article to know all the details about the Master of Business Analytics in Australia for international students in 2024.

Master of Business Analytics Australia: Highlights

International students can go through the below-mentioned brief overview for pursuing a Master of Business Analytics in Australia in 2024.

Master of Business Analytics in Australia - Overview

Particulars

Details

Top Master of Business Analytics in Australia Universities

  • University of Melbourne

  • Macquarie University

  • La Trobe University

  • University of Adelaide

Master of Business Analytics in Australia Fees

AUD 30,000 to AUD 70,000

Master of Business Analytics in Australia Requirements

Bachelor’s Degree, GRE, IELTS/TOEFL, Academic Transcripts, LOR, and other supporting documents.

Jobs after Master of Business Analytics in Australia

Data Analyst, Data Scientist, Business Consultant, Financial Analyst, etc.

Read more: Study in Australia for Indian Students

Master of Business Analytics in Australia Fees

The first step an international student needs to take for their study-abroad journey is to choose the university based on their rankings, availability of courses, and tuition fees. Therefore, we have created a list of masters of business analytics in Australia for international students as per QS World University Rankings 2025.

Best Universities for Master of Business Analytics in Australia

Australian Universities

QS Rankings 2025

Tuition Fees/per annum (Approx.)

University of Melbourne

13

AUD 71,000

The University of Sydney

18

AUD 50,000

The University of New South Wales

19

AUD 49,000

Australian National University

30

AUD 54,000

Monash University

37

AUD 53,000

The University of Queensland

=40

AUD 45,000

The University of Western Australia

77

AUD 47,000

The University of Adelaide

=82

AUD 50,000

Macquarie University

=133

AUD 41,000

University of Wollongong

=167

AUD 49,000

Also read: Cheapest Universities in Australia for International Students

Admission Requirements for Master of Business Analytics in Australia

There are certain prerequisites for taking admission into Master of Business Analytics in Australia ranking universities. Therefore, to make it easier we have mentioned some of the basic and necessary requirements for international students that are as follows:

  • One must have completed their Bachelor’s degree in a stream related to Management, Commerce, or Business-related courses to apply for a Master of Business Analytics in Australia in 2024.

  • An international student planning to apply for a Master of Business Analytics in Australia should have a good academic transcript and a high GPA.

  • As an entrance requirement, many universities for Master of Business Analytics in Australia demand acceptable GRE or GMAT scores.

  • There is also a mandatory requirement of proof of English proficiency in the form of examinations like IELTS, or TOEFL by various colleges for Master of Business Analytics in Australia.

  • The most important requirement is to secure a student visa for Australia 2024 from India for any Indian student planning to pursue a Master of Business Analytics in Australia 2024.

  • A candidate might also need to submit relevant LORs and SOPs at the time of admission, stating their significance and background that makes them eligible to complete a Master of Business Analytics in Australia.

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Documents Required for Master of Business Analytics in Australia

To make it easier for Indian students planning to pursue a Master of Business Analytics in Australia's top universities, we have created a checklist for the documents required for admission and visa purposes below.

  • Academic Transcripts

  • SOP (Statement of Purpose)

  • Resume

  • Valid Passport

  • Photographs

  • Proof of Funds

  • IELTS, TOEFL, etc Score Sheet

  • GRE/GMAT Score Sheet

  • Internship Certificates

  • Salary Slips (if required)

  • Portfolio (if required)

  • LOR (Letter of Recommendation)

  • Other Certificates

Read more: Important documents to take for Studying Abroad

Admission Process for Master of Business Analytics in Australia

International students planning to apply for the Master of Business Analytics in Australia must be thorough with the application process. Therefore, we have created a brief step-by-step procedure for the entire application process for the Master of Business Analytics in Australia.

  • Visit the official website of the preferred University of Australia.

  • Select the course for Masters of Business Analytics as a specialisation.

  • Adhere to entry requirements and ensure that you fit into the framework.

  • Check eligibility criteria such as academic transcripts, minimum GPA scores, English proficiency tests like IELTS or TOEFL, and many more.

  • Provide personal information in the form of name, country of residence, age, gender, sponsorship details, etc.

  • Upload test scores and official transcripts for entrances like the GRE or GMAT.

  • Apply after filling in all necessary documents and submit the application form via the admission portal of the university.

  • Pay the relevant application fees if applicable along with the application form and wait for confirmation.

  • There may be a requirement to give an interview to be selected for Master of Business Analytics in Australia for admissions at one of the universities.

Also Check: Benefits of Studying in Australia for International Students

Master of Business Analysis Australia: Cost of Living

Various other expenses are associated with the tuition fees for the Master of Business Analytics in Australia for international students. These expenses may include the cost of living, food, transportation, and much more. Hence, international students can find an overview of the average expenses as a part of the MS in Business Analytics in Australia for Indian students.

Expenses of Master of Business Analytics in Australia

Particulars

Cost (AUD)

Accommodation

1000 - 2000

Food

600 - 800

Transportation

120 - 240

Healthcare

100 - 200

Personal expenses

300 - 600

Read more: Cost of Studying MS in Australia for Indian Students

Scholarships for Master of Business Analytics Australia

To handle the burden of financial costs that an international student might face while pursuing a degree in a foreign country, one must consider various scholarships available in that country. Therefore, we have mentioned some of the famous scholarships for masters in Business Analytics in Australia in 2024.

  • Destination Australia Programme

  • Endeavour Postgraduate Scholarship

  • Global Academic Excellence Scholarship

  • Griffith Remarkable Scholarship

  • University of Melbourne Graduate Research Scholarship

  • Adelaide Global Excellence Scholarship

Also Read: Scholarships in Australia for Indian and International Students

Career Prospects after Master of Business Analytics Australia

One of the most prominent reasons for applying to top-ranking universities in Australia for a Masters of Business Analytics is the abundance of job opportunities for international students. Some of the popular work fields after completing MS in Business Analytics in Australia are as follows:

Master of Business Analytics Australia Job Opportunities

Job Profile

Average Salary/per annum (AUD)

Business Analyst

60,000 - 85,000

Data Scientist

84,000 - 94,000

Management Consultant

90,000 - 110,000

Financial Analyst

70,000 - 81,000

Business Consultant

60,000 - 80,000

Frequently Asked Question (FAQs)

1. How do you qualify for a Master of Business Analytics in Australia?

In order to qualify for a master of Business Analytics in Australia international students must have cleared the GMAT score requirements along with English proficiency examinations like IELTS or TOEFL.  

2. Is business analytics in demand in Australia?

Yes, MS Business Analytics in Australia is in high demand among top employers. As some many top-tier firms and MNCs are looking to hire fresh Business Analytics graduates in Australia there is a high chance that international students to make high-income salaries in the country after pursuing the course.

3. Is there PR for business analytics in Australia?

One can expect to earn a PR in Australia after pursuing graduation in any stream for a duration of 2 years and later working in the country for almost 3 more years on a post-study work permit. There are high possibility that an international student can obtain a PR after completing Master of business analytics in Australia and working in a relevant field afterward.

4. How much does a Master in Business Analytics make in Australia?

The starting level salary for graduates in masters of business analytics in Australia is anywhere between AUD 40,000 to AUD 50,000 per annum. However, this income range will increase over time with experience and job position, if one can move in the right path of their career.

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Questions related to

Get answers from students and experts

Hi there,

Hope you are doing fine.

Yes it is possible to pursue a Masters in Education (M.Ed) in Australia with a bachelor’s degree in engineering (B.E). Australian universities have flexible entry requirements and value diverse academic backgrounds. However you will need to meet specific admission criteria set by the universities you are interested in.

To enhance your application you can highlight any relevant experience you have in teaching, training or educational projects. Some universities might also require you to submit a statement of purpose explaining your interest in transitioning to education and how your background in engineering could contribute to your study and future career in education.

You should review the specific requirements for each university and program by reaching out to the admissions offices of the universities you are interested in to confirm their acceptance criteria and discuss your unique background.

Hope this resolves your query.

A B.Ed. from IGNOU may be recognized but requires additional assessments in the UK, Australia, and New Zealand.

  • UK : Assessment by UK ENIC and possibly additional qualifications like a PGCE.
  • Australia : Evaluation by AITSL and meeting state-specific criteria.
  • New Zealand : Assessment by the Teaching Council of Aotearoa New Zealand, including possible English proficiency and practical teaching requirements.

Further qualifications or training might be necessary in each country.


For migrating to Australia with a high visa success rate, both commerce and medical fields offer strong opportunities, but they differ significantly:

  1. Medical Field :

    • High Demand : Healthcare professionals (doctors, nurses, allied health) are in high demand.
    • Visa Success : Higher chances due to skill shortages.
    • PR Pathway : Clear pathways for permanent residency.
    • Career Options : Wide range of opportunities with good pay.
  2. Commerce Field :

    • Opportunities : Demand for accountants, finance professionals, and business analysts.
    • Visa Success : Good, but dependent on specific roles and skill shortages.
    • PR Pathway : Viable but might require additional qualifications or experience.
    • Career Options : Diverse opportunities in finance, business, and management.

Choose based on your interests, skills, and long-term career goals.

hope this helps you!!

Hy,

Studying veterinary courses in Australia and securing a scholarship can be an excellent opportunity. Here’s a guide on how to pursue veterinary studies in Sydney and find scholarships:

Choosing a Veterinary Program in Sydney

Several universities in Sydney offer veterinary programs, including:

  • University of Sydney : Offers a Doctor of Veterinary Medicine (DVM) program.
  • University of New South Wales (UNSW) : Offers related programs but does not have a veterinary program. Check for related courses or alternative pathways.
  • Western Sydney University : Offers a Bachelor of Veterinary Science.

Applying to Universities

  • Research Programs : Visit the websites of these universities to understand their veterinary programs, entry requirements, and application deadlines.
  • Meet Entry Requirements : Ensure you meet the academic and English language requirements for the veterinary programs. This usually includes high school qualifications, English proficiency tests like IELTS or TOEFL, and sometimes an interview or entrance test.

Scholarships

University-Specific Scholarships

  • University of Sydney : Offers scholarships for international students, such as the Sydney Scholars Program. Check their scholarships page for specific awards related to veterinary science.
  • Western Sydney University : Offers various scholarships for international students, including those for specific programs or merit-based scholarships.

External Scholarships

  • Australian Government Scholarships : Look for scholarships offered by the Australian government, such as the Australia Awards Scholarships, which cover tuition fees, living costs, and other expenses.
  • Private and Non-Governmental Organizations : Various organizations offer scholarships for international students. Websites like Scholarship Portal, Study in Australia, and the DAAD (German Academic Exchange Service) often list opportunities.

Applying for Scholarships

  • Identify Opportunities : Start by identifying scholarships that you are eligible for. This can include university-specific scholarships, government scholarships, and private scholarships.
  • Prepare Documents : Common requirements include academic transcripts, proof of English proficiency, letters of recommendation, and a personal statement or essay.
  • Submit Applications : Follow the application process outlined by the scholarship provider. Be mindful of deadlines and ensure all required documents are submitted accurately.

Additional Tips

  • Contact University Admissions : Reach out to the admissions office of the universities you are interested in for guidance on scholarships and the application process.
  • Stay Organized : Keep track of scholarship deadlines and requirements to ensure you don't miss any opportunities.
  • Prepare Financially : Even with a scholarship, you may need to cover some expenses. Plan your budget accordingly.

Useful Resources

  • University Websites : For specific scholarship information and application procedures.
  • Study in Australia Website : For comprehensive information about studying in Australia, including scholarships.
  • Scholarship Portals : Websites like Scholarship Portal and Studyportals for finding scholarships and financial aid.

By carefully researching programs, preparing your application materials, and applying for scholarships, you can enhance your chances of securing funding for your veterinary studies in Sydney.

If you have completed a master's degree in the UK, you might still need to take the IELTS test to qualify for a Permanent Residency (PR) or Work Visa in Australia. While your degree from an English-speaking country like the UK may demonstrate your proficiency in English, Australian immigration authorities typically require a standardized English language test score, such as IELTS, to assess your language skills formally.

For better guidance, Invicta Institute can provide you with detailed information and assistance regarding the specific English language requirements for Australian PR or Work Visa applications. Invicta's experienced counselors can help you navigate the process and determine if your UK degree suffices or if you need to take the IELTS test.

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