Degree Programs Master of Applied Business Analytics

Master of Applied Business Analytics

Shape the future of your career by mastering the skills to unlock opportunities through business data.

Next Intake: March 2025
Online or Blended (Carlton, Online)
3 years

Join a cohort of fellow experienced professionals eager to explore cutting-edge business analytics techniques.

Whether you're launching a new career or enhancing your existing skill set, this flexible program will open doors to new opportunities at top companies.

The Master of Applied Business Analytics will equip you with an integrated skill set, leveraging the power of machine learning and AI, to effectively analyse and interpret data to drive strategic decision-making and solve real-world business problems.

The program is designed to fit around the demands of busy working professionals. You have the flexibility to start with a shorter commitment by undertaking a Graduate Certificate first, before applying for the Graduate Diploma or Masters degree. You can also choose to study online or through a blended model.

Why Applied Business Analytics at Melbourne Business School?

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#1 Master of Business Analytics in Australia

Melbourne Business School
QS Business Master's Rankings, 2025

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#1 University in Australia

The University of Melbourne
Times Higher Education, 2025
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Practical Skills for Tomorrow’s Roles

Gain supply chain, predictive analytics, machine learning and AI skills for new opportunities at top companies.
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Enriched Learning

Study alongside experienced professional entirely online or through a blended model.

The Program is For Those Who Are

New to Data

  • This flexible program welcomes individuals from a wide range of academic and professional backgrounds.
  • If you haven’t previously studied fields like commerce, mathematics, or science, we encourage you to apply - you’ll be considered for entry via the Graduate Certificate. Successfully completing this path allows you to advance directly to the Masters program.

Experienced Data Professionals

  • This program is ideal for experienced data professionals with an undergraduate background in quantitative disciplines who are looking to advance their careers in data analytics by deepening their expertise in a specialised area.

Seeking Flexible Options

  • We offer a range of study options to suit your time commitment, including the Masters program (3 years), Diploma (2 years), and Graduate Certificate (1 year), each with flexible entry and exit points.

How You'll Study

Interactive Learning

  • Learn through a mixture of lectures, case studies, direct instruction, exercises, and syndicate projects.
  • Academic experts and business leaders are invited to speak about a range of subjects.

Online or Blended

  • Choose to study online or through a blended model with some classes available in person.

Part-time Study

  • All classes are in the evening and only once a week.
  • There are four ten-week terms per year, with one subject undertaken per term.

Student Experience

People come to Melbourne Business School because they want to study with the best.

You have the option to study online or choose a blended model. A schedule featuring on-campus and live-streamed classes will be available.

We offer opportunities for self-development via a wide range of electives, co-curricular activities, student clubs, prizes and networking events with Melbourne Business School students, alumni, faculty and industry partners.

Success Stories

Katie Zhang
"It empowered me to pivot from business consulting to an analytical career, perfectly aligned with my passion for optimising business decisions using data."
KATIE ZHANG
Full-time Master of Business Analytics
Commercial and Data Insights Manager,
Bupa
Cameron Lyon
"The program seamlessly blends advanced technical skills with the language of business."
CAMERON LYON
Full-time Master of Business Analytics
Insights Analyst,
Carlton Football Club
Viplav Vadlamani | Melbourne Business School
"It hones my ability to fuse technical prowess with business insight to craft compelling narratives."
VIPLAV VADLAMANI
Full-time Master of Business Analytics
Senior Insights & Reporting Analyst,
REA Group

What You'll Study

Over three years of transformative study, you master all the essential skills needed to become an effective business analytics expert.

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Solve Business Problems

Master the analytical skills and technical methods to identify and solve business problems.
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Make Data-Driven Decisions

Apply evidence-based approaches in making decisions within a business context.
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Lead Ethically

Understand the necessary frameworks to be an ethically and socially responsible analyst, manager or leader.
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Master Essential AI Tools

Gain a deep understanding of the technology driving the AI revolution - including machine learning, and more.
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Communicate Effectively

Communicate the results of technical analysis to both technical and non-technical audiences effectively.

Subjects and Structure

Classes are held once a week in the evenings, with all sessions accessible online and a number available on campus.

Foundational Core Subjects

Statistical Learning Foundations

Statistical Learning Foundations is designed to either refresh or introduce students to foundational probability and statistics. The subject covers both theoretical concepts and practical exercises to help students solidify their statistical knowledge and be prepared for further subjects within applied business analytics. As part of the subject, students will be introduced to R, a statistical computing environment.

Math Foundations & Algorithmic Thinking

Mathematical Foundations & Algorithmic Thinking is designed to provide students with a solid understanding of the key mathematical and algorithmic concepts essential for analytical modelling of business problems. Students will be introduced to a range of fundamental topics, including calculus, functions, matrices, and eigenvalues, as well as linear programming, graph theory, conditionals, sequences, Booleans, and algorithmic processes.

Programming for Analytics

Addressing business challenges often involves using computer programming to manage, analyse, and present data. Designed for working professionals who may have no prior programming experience, this subject introduces students to programming using a high-level procedural language. Additional topics include cybersecurity, ethics, and data privacy in the context of data collection.

Data Platforms for Analytics

Decision-making within organisations is often elevated through purpose-built data warehouses. In this subject, students learn, via hands-on examples, to design dynamic, multi-dimensional data systems that fuel insights. The subject delves into decision-centric data warehouse design and implementation, the requirements of large-scale cloud computing, data curation, OLAP (online analytical processing) techniques, CRM-orientated warehousing and dashboards.

Compulsory Core Subjects

Decision Making for Analytics

In this subject, students learn to transform business problems into mathematical models and employ computational tools to solve them effectively. Topics may include uncertainty-based decision making, resource allocation optimisation, decision trees, linear and integer programming and Monte Carlo simulations with a focus on real-world applications.

Statistical Learning for Analytics

Statistical modelling and prediction are applied in a wide range of sectors, including marketing, finance, and human resource management. This subject equips students with the preliminary skills to extract insights from complex datasets, facilitating informed business decisions. Students learn methods ranging from traditional regression and time-series analysis to multivariate models and emerging approaches using historical data. With a focus on case-based studies and industry applications, topics include data exploration, resampling, regression, classification, and model selection.

Data Visualisation for Analytics

Data visualisation serves as a powerful tool to analyse, comprehend and communicate business insights from complex datasets. In this subject, participants will delve into the art and science of data visualisation, using industry standard tools and techniques to transform complex datasets into compelling visual narratives. Topics include: design principles and best practices, visualisation tools and techniques, visual analytics and exploration, dashboards and their pitfalls, case studies and practical applications.

Advanced Business Analytics: Machine Learning

With massive increases in the amount of data becoming available in almost all areas of business (and on the web), there is an ever greater need for methods to detect important patterns in data and classify novel data points based on curated data sets. Learning techniques provide the means to perform this analysis automatically, and in doing so to enhance understanding of general processes or to predict future events.

Elective Subjects

Select one of the following three streams, consisting of two electives subjects.

  • Marketing
  • Supply Chain
  • Finance

Marketing

Learn to manage market demand using proven demand‐side strategies. You will learn to recognise, create, grow and protect market‐based assets that influence demand and how marketing investments help develop and translate market‐based assets into outcomes that ensure an organisation’s long‐term survival and success.

Applied Marketing Analytics

In a competitive business landscape, understanding the impact of marketing efforts on revenue and profit growth is paramount. This requires proficiency in utilising marketing analytics, a crucial toolkit for modern business which leverages technology and models to analyse customer and market data and empowers businesses to make informed decisions. Through a hands-on approach utilising real-world case studies, this subject equips students with practical skills in marketing analytics. Participants will gain an understanding of various analytics tools and learn how to apply them effectively to solve complex marketing challenges. By delving into case studies and practical exercises, students will develop the ability to strategically influence key marketing outcomes such as customer satisfaction, brand loyalty, and word-of-mouth referrals.

Operations

Discover the tools and frameworks to understand the role that the operations function plays in a firm’s ability to compete effectively in the marketplace. You will focus on the design, management and continuous improvement of the business processes that help firms exceed customer expectations along measures such as cost, quality, flexibility and innovation.

Applied Supply Chain Analytics

This subject offers students a practical understanding of mathematical modelling and analytical tools essential for optimising logistics and supply chain operations. Through hands-on application, participants will gain proficiency in analysing strategic, tactical, and operational decisions related to inventory management, facility location, and logistics. Real-world case studies will immerse students in the complexities of logistics and supply chain management, providing valuable insights into industry practices and challenges. By bridging theory with practical experience, this subject equips students with the skills and knowledge needed to make impactful contributions in logistics and supply chain roles.

Finance

Establish a solid foundation for valuing financial assets and selecting and managing investment projects. You will discover how to manage a firm to increase the wealth of shareholders, subject to fulfilling contractual and legal obligations to relevant stakeholders.

Applied Investment Analytics

Effective risk management is essential for institutional success and resilience. This subject delves into the practical application of data analytics in risk management, equipping students with the skills to better safeguard an organisation. Through a blend of theoretical concepts and hands-on application, students will gain proficiency in using contemporary data to analyse and mitigate various risks. Real-world case studies will provide insight into applying these techniques in critical scenarios, bridging theory with practical experience. Topics covered include market risk modelling, portfolio management techniques, credit risk assessment, and operational risk evaluation.

Capstone Optimisation Subjects

Capstone projects are sequences of subjects that students take in order to create depth of knowledge in a particular area.

Students can also complete an Individual Research Project. Please speak with the Future Leaners team for further information on this option of study.

  • Marketing Analytics Project
  • Supply Chain Analytics Project
  • Investment Analytics Project
To qualify for this project, students must complete Marketing and Applied Marketing Analytics.

The subject integrates academic learning and practical challenges in modelling, solving and implementing an optimisation solution to a concrete business problem via a project undertaken over 20 weeks. The assessment in the subject will include the completion of the report for the subject and a project presentation. This is a team project.

The program focuses on the following areas:

  • Problem-solving and method-translation skills: These include understanding and identifying possible analytics solutions to address a typical marketing-related problem of an organisation.
  • Communication skills: These skills include effective presentations, verbal communication, written communication, public speaking, and communicating technical material to non-technical audiences.
  • Implementation skills: These skills include finding the right software and/or computer language to implement the most promising analytics solution to address the marketing-related problem.
To qualify for this project, students must complete Operations and Applied Supply Chain Analytics.

The subject integrates academic learning and practical challenges in modelling, and implementing optimisation solutions via a project undertaken over 20 weeks. The assessment in the subject will include the completion of the report for the subject and a project presentation. This is a team project.

The program focuses on the following areas:

  • Modelling skills: These include understanding the business problem, dealing with ambiguity, and finding a path to transform the business problem into a mathematical optimisation problem.
  • Communication skills: These skills include effective presentations, verbal communication, written communication, public speaking, and communicating technical material to non-technical audiences.
  • Implementation skills: These skills include (1) selecting the right software and/or computer language to code the optimisation algorithms proposed and (2) handling and cleaning the data provided to use as input to the optimisation algorithm developed.
To qualify for this project, students must complete Finance and Applied Investment Analytics.

In this capstone subject, students will work in groups to build an investment portfolio using one or more of the investment business analytics algorithms below used in the finance industry:

  • Fundamental analysis algorithms to analyse financial (e.g. earning forecast) and economic data to evaluate the underlying value of a security.
  • Technical analysis algorithms to analyse market data, such as price and volume, to identify trends and patterns that may indicate future price movements.
  • Quantitative analysis algorithms including statistical models and machine learning techniques to identify patterns and predict market movements.
  • Arbitrage algorithms using price discrepancies between different markets or securities to generate profits.
  • Trend following algorithms using historical price data to identify trends and generate trading signals based on the direction of the trend.
  • Mean reversion algorithms to look for securities that are trading outside their historical price range and generate trading signals based on the assumption that the security will revert to its historical mean.
  • High-frequency trading algorithms to execute trades at high speeds to take advantage of small price discrepancies in the market.
  • Sentiment analysis algorithms using natural language processing and machine learning techniques to analyse news and social media data to gauge investor sentiment and predict market movements.
  • Portfolio optimisation algorithms use mathematical models to optimise the allocation of assets in a portfolio based on risk and return objectives.

Download Brochure

Explore further details about the curriculum, career support and more.

Study Options

Commence your studies in masters program, with the flexibility to exit the program with a graduate certificate or diploma award if your goals change.

Masters

Shape the future of your career by mastering the skills to unlock opportunities through business data.

What will I study?

  • Four Foundational Core subjects
  • Four Compulsory Core subject
  • Three Elective streams

Discover how to apply business analytics to elevate your career impact.

What will I study?

  • Four Foundational Core subjects
  • Four Compulsory Core subject

Equip yourself with essential, foundational business analytics skills.

What will I study?

  • Four Foundational Core subjects

World Leading Faculty

Our business pedigree distinguishes our business analytics degree programs from other data science degrees and makes it so highly valued in the marketplace.

DR. SIMON HOLCOMBE
Academic Director, Master of Applied Business Analytics
Faculty Profile

Yalcin Ackay | Melbourne Business School
Director of the Centre for Business and Professor Operations Management PhD (Penn State University) MBA, BSc, Middle East Technical University
Tomohiro Ando | Melbourne Business School
Professor of Management PhD, B.S (Kyushu University)
Gerardo Berbeglia
Associate Professor (Operations Management) PhD (HEC Montreal) MSc and BSc (Buenos Aires)
Professor of Statistics PhD (Melb)
nico neumann
Assistant Professor (Marketing) PhD (UNSW), Dipl. (Wirtschaftsing. Uni Kaiserslautern)
Michael Smith
Chair and Professor of Econometrics PhD (UNSW), BA Hons (UWA)
Ping Xiao
Associate Professor (Marketing) PhD (Washington University), BSBM (University of Science and Technology of China)

Meet With Us

The best way to learn more about studying at Melbourne Business School is to attend an upcoming information session.

We hold sessions monthly, providing a comprehensive overview of everything you need to know about the program, along with an opportunity to participate in a group Q&A session. After this, if you need more specific information on subjects and study materials, campus life or assistance with your application, please book a one-on-one session. We are available to meet in person at our Carlton Campus or online.

Investment

Program Fee

The program fee for our Master of Applied Business Analytics program is $61,800.

FEE-HELP

FEE-HELP is available for those who meet the eligibility criteria.

How to Apply

Application Process

Apply

  1. Commence an application to become familiar with the application process.
  2. Meet with us to find out more about the School and program.
  3. Complete and submit your application by the application closing dates.


Offer

Applications will be processed as soon as all materials are received. We strive to respond to applications as quickly as possible, usually within four weeks of receipt. Successful applicants will receive a formal Letter of Offer. Unsuccessful applicants are notified in writing.

Application Deadlines

Closing dates for 2025 are as follows: 

Term 2 Intake (26 March 2025) 
Final Application deadline: 3 March 2025

The deadline for all applications is 11.59pm AEST. 

Late applications may be considered on a case-by-case basis. Please contact us for further advice.

Application Requirements

Required Documents

You will need the following supporting documents: 

  1. An up-to-date CV showing a minimum of two (2) years of full-time professional work experience. 
  2. Evidence of all qualifications completed or incomplete including academic transcripts with grading schema. 
  3. A passport or verified document showing current citizenship/residency status. 
  4. For non-Australian citizens residing in Australia: A valid visa with unlimited study entitlements. 


Minimum Admission Requirements

In order to be considered for entry, applicants must have:

  • Completed an undergraduate degree of 3 or 4 years minimum in any discipline and achieved a minimum weighted average mark (WAM) of 65% in the Graduate Certificate in Applied Business Analytics; 
  • An excellent command of English, with a copy of your IELTS or TOEFL score if you are a non-native speaker*. 

OR 

  • Completed an undergraduate degree of 3 or 4 years minimum in one of the following relevant areas; commerce, mathematics and/or physics, computer science or information system, engineering and/or science, taken at a third-year university level from a recognised institution, with a minimum weighted average mark (WAM) of 65% or equivalent. 
  • Those from non-quantitative backgrounds are encouraged to apply and will be considered for appropriate program entry options. 
  • Two years of documented full time professional work experience. 
  • An excellent command of English, with a copy of your IELTS or TOEFL score if you are a non-native speaker*. 


*IELTS: Academic English test with a minimum score of 7.0 overall and with no individual band less than 7.0. 
TOEFL iBT, with a minimum score of 94 (written score minimum 27 and no individual score lower than 24) 
PTE: Overall score minimum of 72+, with writing skills of minimum 75 and no other communicative skill below 72  

Meeting these requirements does not guarantee selection.

It is a university requirement that applicants provide evidence that they meet the published entry requirements. Uncertified documentation does not provide this evidence; however we accept uncertified documents for the purpose of selection, and reserve the right to request your original certified documentation at any time.


Entry Requirements

  • An undergraduate degree with a relevant major or
  • Completion of the Graduate Certificate in Applied Business Analytics
  • A WAM of 65% or higher and
  • Two years of documented full time professional work experience


For more information, visit our application FAQ's page.

Apply Now

Term 2 (March 2025)
Applications close 3 March 2025
APPLY 2025

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