A business Analytics course (BA) is a defined set of disciplines and technologies for solving business problems. Business Analysts combine the methods of data analysis, statistical models, and other quantitative methods to solve business issues. Skilled business analysts produce modes to solve business problems with the knowledge and understanding of business analytics technologies thereby gaining insights into data-driven business-solving techniques. This article lists the best business analytics courses in Melbourne.
The Different Types of Business Analytics
There are 3 Different types of business analytics as follows
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
Descriptive analytics tracks key performance indicators for understanding the current state of a business;
Predictive Analytics predicts the likelihood of future outcomes by analyzing the data in hand;
Prescriptive Analytics uses past business performance and generates recommendations for handling a similar situation in future
Business Analytics Courses in Melbourne
1. Bachelor of Business Analytics(Online) at RMIT
Course Overview
- Learn the basics of business and how to understand and display data to make business decisions.
- Learn how to use data modeling to create data visualizations, drive analysis, and forecast business choices.
- Develop your knowledge of research, analysis, problem-solving, concept generation, and testing.
Entry Requirements
Successful completion of year 12 or an equivalent exam, OR a diploma or advanced diploma, OR competition of at least four subjects at the associate degree level, with no double failures in any required courses for the receiving degree, OR at least the completion of two subjects at the undergraduate level, with no double failures in any required courses for the receiving degree, passing the Special Tertiary Admissions Test (STAT)
Where is this course offered?
Online – Due to the fact that this course is offered online, you can study whenever and wherever you want to fit it into your week. Access all study resources, tests, and assistance for students. Attain the same certification as students who are taking classes in a classroom. Learn more about taking courses online and the advantages of doing so. This online course is one of the best online business analytics courses in Melbourne.
What you will learn
Through this course you will learn about:
- Introduction to business analytics
- Advanced business analytics
- Supply chain analytics
- Business data management
Course Price
- Several variables, such as the following, may affect the cost of the course:
- Whether the institution provides financial aid, discounts, or government loans, as well as your qualification for them.
- Your academic record and professional background
- Your chosen units
2. Bachelor of Business Analytics at the Deakin University
Course duration
3 years full-time or part-time equivalent
Location
- Burwood (Melbourne)
- Online
Course Overview
With Deakin’s Bachelor business analytics courses in Melbourne, you may start a career in the rapidly expanding field of business analytics. You will develop the skills necessary to translate business statistics into creative business solutions by working on actual projects in the real world.
You will develop real commercial skills to evaluate data and information in Victoria’s longest-running specialized business analytics program, allowing you to address complex organizational problems and open doors for enterprises. Work on actual projects, practice using professional analysis tools, and gain business experience converting insights into impact.
Even better, the course content benefits from the strategic involvement of industry partners, such as IBM, Deloitte, and PwC. By doing this, you may be confident that your degree will prepare you for both today’s and tomorrow’s business needs.
Course Structure
Students must earn a total of 24 credit points for the Bachelor of Business Analytics program, in addition to finishing the required MAI010 Academic Integrity Module, which carries no credit.
The majority of units—which you might conceive of as “subjects”—equal one credit point. The majority of students choose to take 4 units in each trimester, usually for 2 trimesters each year.
You must complete the following requirements in order to pass the course: (including one Work Integrated Learning unit or an approved international learning experience) completing the Academic Integrity Module (MAI010) (0-credit-point compulsory module) 8 credit points of elective units, including the main sequence that may be 6 or 8 credit points* Level 1: 10 maximum credit points; Minimum of 6 credit points for level 3.
Entry requirements
Presently enrolled in Year 12 or finished Year 12 in the preceding two years and have not since sought further education or VET/Polytechnic study.
VCE prerequisite disciplines
Branches 3 and 4: a study score of at least 20 in English other than EAL or at least 25 in English EAL (English as an extra language).
Fees and Scholarships
Estimated tuition fee – $7,838 for a year of full-time study
Your tuition prices will vary depending on the units you decide to study because each unit has different expenses. Based on a typical enrollment of students enrolled in the first year of this course, the “Estimated tuition fee” is only offered as a general estimate. The price will vary based on the units you select, how much you study, how long it takes you to finish the course, and any recognized prior learning that you may have.
Your enrollment in each unit has a credit point value. By combining up to 8 credit points from a typical combination of units for that course, the “Estimated tuition fee” is determined. As an example of a normal full-time enrollment load for a year, eight credit points are used.
Professional Recognition
Due to its both AACSB and EQUIS accreditation, Deakin Business School ranks in the top 1% of all business schools worldwide. These coveted accreditations are given to business schools that uphold high levels of excellence in terms of academic and professional performance as well as a dedication to continuous course improvement and innovation, ensuring that our graduates are employable on a global scale.
The Bachelor of Business Analytics courses in Melbourne must be completed, together with any related double degrees, to qualify for membership as a professional member of the Australian Computer Society (ACS).
3. Swinburne University of Technology – Online Course
Course Overview
- With the help of this online course, you can learn how to take raw data and turn it into practical business insights, gaining the skills you need to upskill or pursue a career in data science.
- You will acquire the newest industry skills and have the chance to network with future employers, thanks to this intensive course that is taught in conjunction with Tableau.
- Put theory into practice by collaborating on a real-world project with an industry partner.
- The Swinburne University of Technology is a good place to study business analytics courses in Melbourne on the online platform.
Entry Requirements
Completion of a bachelor’s degree program; OR three to five years of full-time employment; OR two years of experience in a comparable field; OR having earned an advanced diploma, an associate’s degree, or a higher degree AND having less than two years of relevant job experience
Where is this course offered?
- You can take this course online
- You can learn from any location at any time to fit it into your week.
- Access all study resources, tests, and assistance for students.
- attain the same certification as students who are taking classes in a classroom
What you’ll learn
In this course, you will learn to
- Reason critically
- Make use of data visualization and modeling
- Utilize data to inform your strategic business decisions.
- Create and assess sustainable business strategies
- Control diversity
- Apply management and leadership principles.
Course Price
Several variables, such as the following, may affect the cost of the course:
- Whether the institution provides financial aid, discounts, or government loans, as well as your qualification for them.
- Your academic record and professional background
- Your chosen units
Recommended Reads:
- Business Analytics Courses in Germany
- Business Analytics Courses in Amsterdam
- Business Analytics Courses in Doha
4. The University of Melbourne
Full-Time Master of Business Analytics courses in Melbourne at the Melbourne Business School equips you with the know-how to excel as a data scientist, one who is not just knowledgeable in mathematics and information systems but also adept at approaching analytics from a business perspective.
This advanced, full-time degree program lasts one year and emphasizes quantitative techniques and the use of data in decision-making. Learn how statistical and quantitative analysis, explanatory and predictive modeling, and fact-based management may use data to drive decision-making.
You will study from professionals in the fields of computer science, statistics, mathematics, and business management and develop your skills as a user of programs such as SAS, R, Python, Tableau, and others.
Course Overview
- The five courses of the full-time, one-year Master of Business Analytics program help you improve your ability to use data-analytic methods to solve business problems.
- You start by examining the analytics issues that businesses deal with, then you hone your skills in fundamental and advanced analytics techniques, get to apply them to a real business in the Analytics Lab, and end with a thorough examination of the application of analytics in various contexts, such as the finance, marketing, and supply chain environments.
- Additionally, the Personal Effectiveness Program continues throughout the course of the program to help you improve your capacity to explain to senior leaders the results of your analytics.
Entry Requirements
An undergraduate degree with a minimum weighted average mark (WAM) of 65% or equivalent, earned over a minimum of three years from the University of Melbourne, another Australian institution, or a university in another nation. This does not guarantee a spot in the class; availability will depend on demand from the students.
At least one of the minimum relevant third-year university courses is listed below:
For candidates who are shortlisted, interviews in mathematics, physics, computer science, commerce or information systems engineering, and/or science will be necessary.
Fees and Scholarship
$65760 is the full fee at The University of Melbourne, one of the best masters in Business analytics courses in Melbourne.
5. Melbourne Institute of Technology
Business analytics has the ability to foresee events before they occur. How a product introduction will be received can be predicted. Before declaring a sale, ascertain the required amount of goods or the number of persons who will react to a marketing effort. It is data science, not science fiction. Business outcomes are enhanced when data is carefully analyzed and used to guide strategy. This course is just for that.
Course duration
2 years with 4 Trimesters, a Full-Time or Equivalent Part-Time course
Intakes in
March, July, and November
AQF LEVEL
Level 9
Location
Sydney, Melbourne
Increase the value of your undergraduate degree by developing specialized business analytics skills. Join a dynamic developing field that is revolutionizing business. Businesses require employees with high-level capabilities in IT, analytics, finance, marketing, and business as more of them create cross-functional teams.
Every organization, from start-ups in the technology industry to global corporations, is impacted by business intelligence and analytics. You will learn the ability to analyze data and use that data for insights and creative solutions in a Master of Business Analytics (MBAanalytics) program at MIT.
Modern business tactics are centered on data-driven decisions. Big data exposes growth opportunities. It supports forecasting and predictive analysis, as well as rival strategy analysis.
Course Overview
Your understanding of business will be enriched by the Master of Business Analytics, which combines analytical and business skills. Your ability to drive process changes at work will be aided by this knowledge. Industry experts were consulted during the development of this course.
It intends to address the rising demand in the market for knowledgeable and highly skilled business information analysts. You will learn how to gather, decode, and arrange data in this course so that it can form a strategy. Learn how to convey facts in a way that is understandable to non-technical audiences.
You will become an expert in the strategies and technologies used in business analytics. Learn about the applications of data analytics in business and other areas. You will learn the importance of data analytics for marketing, accounting, and human resources. Melbourne Institute of Technology ranks as one of the best business analytics courses in Melbourne.
6. Victoria University, Melbourne
With a Master of Business Analytics from Victoria University, you can develop marketable, useful skills for a meaningful job using data to solve business problems. Use data to explore new employment options, improve your abilities, or alter how you manage your firm. Be the boss of your business and the boss of your data!
Their Master of Business Analytics program teaches skills you can use every day to solve business challenges, generate new possibilities, and control the market in an era where information and data are essential to business. The fundamentals of data science, data visualization, machine learning, and artificial intelligence will be revealed to you (AI).
You will learn useful, applicable skills by utilizing open-source software such as R and Python, cloud computing resources like AWS and Github, and our international connection with SAP. More importantly, you’ll discover how to use these ideas and abilities to make money for your company.
The course gives you practical experience and a true sense of using data to address real-world challenges by building excellent relationships with regional companies and international partners. Based on ongoing analysis of the most recent employment market demands, you will create a portfolio of projects to include in job applications.
The following topics are covered in the Master of Business Analytics course:
- Organizing and displaying data
- predictive modeling with large-scale data
- Artificial intelligence and machine learning for the security and management of business data
- IT project management for cloud computing, data mining, and warehousing in business.
Entry Requirements
- Completion of a Bachelor’s degree In Business Analytics or in any discipline
- Completion of an Australian Graduate Diploma in a similar discipline
- Additionally an IELTS (or equivalent): Overall score IELTS should be of 6.5 (with no band less than 6.0)
Recommended Reads:
- Data Analytics Courses in the UK
- Data Analytics Courses in Australia
- Data Analytics Courses in London
Is Business Analytics a Promising Career?
In Australia, a business analyst can make close to $100,000 annually, which is 5-7% more than the average salary for other occupations worldwide. Additionally, the lowest average pay is considerably greater at A$18,000 per year. The company’s financial success will also be reflected in promotions and pay raises for employees. Graduates of the Master of Business Analytics program are in high demand since Australia’s analytics industry is growing rapidly.
Future of Business Analytics Courses in Melbourne, Australia
- A business bachelor’s degree typically costs between 30,000 and 42,000 Australian dollars per year. Scholarships offered by the government and by individual universities are open to international students. The aim of these grants is to halve the price of lodging and tuition!
- Graduates of the Master of Business Analytics program are in high demand since Australia’s analytics industry is growing rapidly. On the other hand, picking the right Australian university can be challenging. Rankings, visa rules, connections to the industry, costs, and other factors must all be taken into account.
- Business analytics courses in Melbourne are the best because of the numerous industry partnerships with institutions that have arisen as a result of the rising demand for trained workers in Australia.
Eligibility to Study Business Analytics Course in Australia
- A candidate for a bachelor’s degree program in Australia must have passed the following tests:
- Maths and English are essential subjects for the boards.
- A 75% or above is needed to pass the board finals.
- 6.5 IELTS, 79 TOEFL IBT, 570 TOEFL PBT, 58 Pearson’s, BE, and CES qualifying or above (176).
- ace the university-specific admission exam with a passing grade.
- Diploma and certificate holders will have an advantage. In addition, eligibility standards vary according to the school that students select.
Employment Opportunities After Studying Business Analytics Courses in Melbourne
Business analytics has grown in recent years into a potent and valuable expertise for businesses functioning in cutthroat industries. Graduates in business analytics should have greater career opportunities in the coming five years by more than 20%. With a bachelor’s degree in business analytics, one can work in Melbourne as a –
- Operations and general management supervisor
- Analyst (business)
- Finance Analyst Manager,
- Financial Analyst in Management
- Analyst for Market Research
- Marketing Specialist
FAQs About Business Analytics Courses in Melbourne
What is the average salary of a business analyst in Australia?
The average salary for Business Analyst is A$1,00,000 per year. The average additional cash compensation for a Business Analyst in the Sydney, Australia is A$10,000, with a range from A$3,000 – A$24,610.
What is the starting salary of a business analyst in Australia?
The average business analyst’s salary in Australia is $111,383 per year or $57.12 per hour. Entry-level positions start at $99,345 per year, while most experienced workers make up to $140,918 per year.
For whom is business analytics appropriate?
Business analytics is open to all graduates. However, those with a background in science or commerce will be greatly helped because they would have studied maths and statistics at a higher level. According to AICTE guidelines, most management institutes set a minimum aggregate of 50%.
Is Australian PR benefited from business analytics?
The MTSSL lists a PR route course for business analytics, which is noted as one of the jobs that are in demand. Many foreign students have already advanced in this field, paving the route for their PR careers in the nation.
Are there strong job prospects for business analysts in Australia?
In Australia, there is a growing demand for business analysts. One of the markets with the largest demand for BAs is Australia.
Is there a market for business analytics courses in Melbourne?
Graduates of the Master of Business Analytics program are in high demand since Australia’s analytics industry is growing rapidly.
Conclusion
As companies of all sizes and analytical skill levels in Melbourne, Australia enter the big data game, the scope of business analytics in Australia is continuously expanding and improving. The best management with the greatest technology and the best people, also a clean culture are all necessary for exploring business analytics. There is a great future in regard to job prospects and business expansion for those pursuing Business analytics courses in Melbourne, Australia.
