Master's in Business Analytics

Class Profile

Class Size

120

Average Age

25

Average Work Experience

2 Years

Diversity

Asia:

25%

Africa:

5%

Oceania:

5%

Europe:

20%

North America:

15%

South America:

10%

Others:

20%

Career Outcomes

Median Earnings After Graduation

$1,98,612 / year

Graduation Rate

73%

Job Placement

70%

Top recruiters

Accenture

Deloitte

KPMG

EY

PwC

IBM

Google

Amazon

JPMorgan Chase

Goldman Sachs

Fees and Funding

Tuition Fees

$79,500 / year

Overall Cost

$1,04,500 / year

Average Total Aid Awarded

$2,80,000 / year

Funding Options

Scholarships

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FAQs

• What are the admissions requirements for the Master's in Business Analytics program?
  
  Admissions Requirements
  

  To apply for the Master's in Business Analytics at Monash University, prospective students must meet specific eligibility criteria. Here are the essential requirements:

  • Provide official transcripts from previous academic institutions.
  • Demonstrate English language proficiency through standardized tests such as IELTS, TOEFL, or PTE, meeting the minimum scores outlined in the requirements.
  • Submit a completed application form along with a 100 AUD application fee.
  • Include essential documents such as a valid passport and degree certificate.

  It is important to note that the application deadlines for the summer intake are July 30th for Early Action and September 30th for the Secondary Deadline in 2024.

• What is the structure of the Master's in Business Analytics program?
  
  Program Structure
  

  The Master's in Business Analytics program spans 18 months and encompasses a comprehensive curriculum that covers key areas essential for a career in data analytics. Key components of the program include:

  1. Computational statistical tools
  2. Probabilistic modeling
  3. Data visualization

  The program emphasizes practical application, allowing students to develop web applications and interactive graphics to analyze complex data sets. Additionally, students have the flexibility to tailor their studies, choosing between in-depth computational studies or more theoretical frameworks based on personal professional interests.

• What teaching methods are used in the program?
  
  Teaching Methods
  

  The Master's in Business Analytics program employs a teaching methodology that combines rigorous academic theory with practical insights. Faculty members are leading experts in the field of business analytics, bringing a wealth of experience from their professional backgrounds into the classroom. This approach not only enhances the learning experience but also prepares students to tackle real-world challenges in the data-driven marketplace.

• What are the career prospects for graduates of this program?
  
  Career Prospects
  

  Graduates of the Master's in Business Analytics program at Monash University enjoy promising career opportunities, evidenced by a reported 70% job placement rate and a median base salary of $198,612. Potential career pathways include:

  • Big Data Analyst
  • Product Manager
  • Business Intelligence Analyst

  Alumni from the program have achieved notable successes across various sectors, which further validates the effectiveness of the curriculum and its alignment with industry needs.

• What unique aspects does the program offer?
  
  Unique Aspects of the Program
  

  The Master's in Business Analytics program features several distinctive elements that enhance the educational experience:

  • Alignment with industry needs, providing access to a network of industry practitioners and partners.
  • Extensive research opportunities and resources available through the Faculty of Business and Economics.
  • Collaborative projects with industry leaders for real-world problem-solving.
  • Flexible study options that allow students to focus on either computational or theoretical aspects of business analytics.
• How does the program prepare students for the data-driven marketplace?
  
  Preparation for the Data-Driven Marketplace
  

  The program prepares students to meet the challenges of the data-driven marketplace through:

  • A curriculum that merges theoretical knowledge with practical applications in business contexts.
  • Hands-on experience in creating web applications and interactive graphics for data interpretation.
  • Access to industry connections and real-world projects that foster professional development.
  • Insights and mentorship from world-renowned faculty and industry professionals.

  This comprehensive approach ensures that graduates possess the necessary skills and insights to drive data-informed decision-making in any organization.

• What are the program highlights?
  
  Program Highlights
  

  The Master's in Business Analytics at Monash University offers several noteworthy highlights:

  • World-renowned faculty and industry professionals guiding the learning experience.
  • A curriculum that effectively merges theoretical knowledge with practical application.
  • Access to a robust network of industry connections and internship opportunities.
  • High job placement rates and competitive starting salaries for graduates.
  • Flexible study options to cater to diverse interests.
  • Research opportunities that engage students with real-world business challenges.
• What resources are available to students during the program?
  
  Resources Available to Students
  

  Students in the Master's in Business Analytics program benefit from extensive resources provided by the Faculty of Business and Economics, including:

  • Access to research facilities and data analytics tools.
  • Support for collaborative projects with industry leaders.
  • Networking opportunities through industry partnerships.
  • Workshops and seminars conducted by experts in the field.

  These resources are designed to enhance the educational experience and prepare students for their careers in business analytics.