Master of Business Analytics

What you will study

To complete the Master of Business Analytics, you must complete 96 credit points.

The course is structured in three parts:

Advanced Preparatory

You must complete four units (24 credit point) from Advanced Preparatory list. These units will provide you with the knowledge base required for advanced studies in business analytics.

Mastery Knowledge

You must complete five units (36 credit points) under the Mastery Knowledge list and two additional units (12 credit points). These units will develop your understanding of sourcing and analysing data and will enable you to provide discipline based solutions.

Application studies

You must complete four units (24 credit points) at Level 5 from the Faculty of Business and Economics or across the university, providing you have met the prerequisites and there are no restrictions on enrolling in the units. The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development. This will be achieved by selecting complementary units offered across the university.

You have a maximum of six years to complete this course, including any periods of intermission and suspension, and must be continuously enrolled throughout.

Entry requirements

Entry level 1:

Duration: Two years full time, four years part time (96 points)

• An Australian bachelor degree (or equivalent) with at least a high credit (65%) average, or an equivalent GPA.

Entry level 2:

Duration: 1.5 years full time, three years part time (72 points)

• An Australian bachelor degree (or equivalent) in a cognate discipline with at least a high credit (65%) average, or an equivalent GPA.

Applicants must have successfully completed a first year undergraduate statistics units, or provide evidence of qualifications/training or experience that the faculty considers to be a satisfactory substitute.

Applicants must prepare a Candidate Statement in which they are required to demonstrate that they possess the motivation and academic skills required to successfully complete the program.

English language requirements

For entry to Monash University, you must meet the minimum English language requirements. You can do this by completing one of the qualifications listed on their website.

If you've completed several measures of English proficiency over a period of time, the highest valid measure will be accepted as long as it's been taken within the required time limitations.

University entrance requirements

Minimum entrance requirements apply for admission to Monash University Australia.

Recognition of prior learning (RPL)

You may be able to get credit for your course based on prior formal, non-formal or informal learning. To apply, you will need to provide supporting documentation outlined by the university. Contact the university for more information.

Outcomes

These course outcomes are aligned with the Australian Qualifications Framework level 9 and Monash Graduate Attributes.

Upon successful completion of this course, it is expected that you will be:

• Critical and creative scholars who produce innovative solutions to data analysis problems, apply research skills to business challenges and communicate effectively and perceptively.
• Responsible and effective global citizens who engage in an internationalised world, exhibit cross-cultural competence and demonstrate ethical values.
• Effective data analysts are able to identify and collect appropriate and relevant data, write computer scripts and programs to wrangle and plot data, fit models, make predictions and produce reproducible reports, presentations and web apps, interpret statistical models in the context of real data problems and translate technical results into practical solutions.

Fees and FEE-HELP

Estimated 2025 first-year fee: $37,100 (domestic full-fee paying place)

All costs are calculated using current rates and are based on a study load of 24 credit points (normally four units) per semester or 48 credit points (normally eight units) per year.
A student’s annual fee may vary in accordance with:

• The number of units studied per term. 
• The choice of major or specialisation.
• Choice of units. 
• Credit from previous study or work experience.
• Eligibility for government-funded loans.

Student fees shown are subject to change. Contact the university directly to confirm.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.