Masters in Data Science in Australia

Did you know that Australia is expected to have hundreds of vacancies for data scientists? In fact, it is expected that the salaries for this role will be similar to that of senior IT leadership positions. These reports are corroborated by the Institute of Analytics Professionals of Australia (IAPA) survey which indicates that data scientists, who combine business and math knowledge, are earning annual salaries of $200,000.

Given these facts, is it is hardly surprising that there is a huge demand for Masters in Data Science courses in Australia and it is offered by a lot of leading universities. Today, we will cover the following:

Top universities that offer the Masters in Data Science in Australia

The table below contains a list of leading Australian universities that offer the program along with annual tuition fees, duration and location of the university.

University Program Rank* Cost/ Fees per year Years Location
Monash University Master of Data Science 45 A$ 36,000 1.5-2 Melbourne
University of New South Wales (UNSW) Master of Information Technology (Data Science) 56 A$ 41,280 2 Sydney
University of Melbourne Master of Data Science 64 A$ 36,474 2 Melbourne
University of Queensland Master of Data Science 68 A$ 40,160 2 Brisbane
University of Sydney Master of Data Science 83 A$ 40,000 1 Sydney
RMIT University Master of Analytics 92 A$ 26,880 2 Melbourne
RMIT University Master of Data Science 92 A$ 30,720 2 Melbourne
Queensland University of Technology (QUT) Master of Information Technology (Data Science) 113 A$ 27,600 2 Brisbane
University of Technology Sydney (UTS) Master of Data Science 120 A$ 34,160 2 Sydney
University of Western Australia Master of Data Science 124 A$ 37,000 1.5-2 Perth
University of South Australia Master of Data Science 202 A$ 31,500 2 Adelaide
Deakin University Master of Data Analytics 236 A$ 30,520 2 Melbourne

* The 'Ranking' refers to the 2016-2017 Times Higher Education Subject ranking for 'Engineering & Technology'. Wherever the Times Higher Education Subject ranking is not available the QS Faculty ranking for 'Engineering & Technology' is used.

As you are interested in this area of study, you probably know that Business Analytics is a related field and if you are interested in both then you should also take a look at our article on Australian universities that offer the Master of Business Analytics program.

Scholarships

Do Australian universities offer scholarships for this program? We get asked this question over and over again and the answer is simple: Yes, several leading Australian universities currently offer scholarships for this program.

However, the scholarship amount or the value of the scholarship varies greatly from university to university. It can be anything from a few thousand dollars to 20-25% of the tuition fees.

And what are the eligibility criteria for these scholarships? Again, this varies from university to university. Typically, universities will decide if you are eligible for a scholarship on the basis of your previous academic history, that is, the marks that you have gained in your undergraduate or Bachelors studies.

Some universities will have a simple cut-off mark and if you've scored more than the cut-off mark then you will be eligible for a scholarship while others will use a more competitive process. Universities may also use additional deciding factors, such as, essays, prior extra-curricular activities, interviews etc.

Universities and their collaborations with industries and the Government

Given the growing interest in this field, it is hardly surprising that universities are working with corporate companies and even Government organisations to increase research and practical applications. In fact, several Australian universities have partnered with companies and Government organisations to establish data analytics centres, laboratories, research centres etc.

These tie-ups can be very beneficial to you as a student as they will give you access to cutting edge research, the latest technology and even greater work placements in some cases. A few partnerships are mentioned below:

Monash University is collaborating with NVIDIA to accelerate the rate of innovation in academics and in the industry in Australia. As part of this collaboration, NVIDIA and the university will fund research students and give them access to advanced computing technologies and industry-relevant knowledge and training.

The RMIT Data Analytics lab was originally started as a joint initiative between NICTA (National ICT Australia) and RMIT University. It is a hub for advanced projects in data analytics and supports researchers and Australian businesses and aims to build on RMIT's existing collaborations with companies such as, Google, Seek, ANZ, Public Transport Victoria and more.

Advanced Analytics Institute brings together researchers from different faculties at UTS and has extensive commercial research experience. Current partners include Australian Taxation Office, NSW Department of Finance Service, Credit Suisse, IBM, Microsoft, SAS and more.

Most affordable Masters in Data Science in Australia

And now, we move on to costs and fees for the program. In the table below, you will find a list of programs sorted by annual tuition fees along with other relevant details.

University Program Rank* Cost/ Fees per year Years Location
RMIT University Master of Analytics 92 A$ 26,880 2 Melbourne
Queensland University of Technology (QUT) Master of Information Technology (Data Science) 113 A$ 27,600 2 Brisbane
Deakin University Master of Data Analytics 236 A$ 30,520 2 Melbourne
RMIT University Master of Data Science 92 A$ 30,720 2 Melbourne
University of South Australia Master of Data Science 202 A$ 31,500 2 Adelaide
University of Technology Sydney (UTS) Master of Data Science 120 A$ 34,160 2 Sydney
Monash University Master of Data Science 45 A$ 36,000 1.5-2 Melbourne
University of Melbourne Master of Data Science 64 A$ 36,474 2 Melbourne
University of Western Australia Master of Data Science 124 A$ 37,000 1.5-2 Perth
University of Sydney Master of Data Science 83 A$ 40,000 1 Sydney
University of Queensland Master of Data Science 68 A$ 40,160 2 Brisbane
University of New South Wales (UNSW) Master of Information Technology (Data Science) 56 A$ 41,280 2 Sydney

* The 'Ranking' refers to the 2016-2017 Times Higher Education Subject ranking for 'Engineering & Technology'. Wherever the Times Higher Education Subject ranking is not available the QS Faculty ranking for 'Engineering & Technology' is used.

Conclusion

As you probably know already, Data Science and related fields are growing rapidly and are finding applications in every possible industry - right from pharmaceuticals and health care to banking and finance. It is an exciting area of study with a number of career options and several leading universities in Australia are now offering these courses. In this article, we have tried to provide you with a comprehensive overview of the popular universities that offer this program so that you can get closer to identifying the universities that are the right fit for you.

We hope that this article has been helpful and if you need any more information or have a specific question that was not covered in this article then please fill out this enquiry form and we will get back to you as soon as possible.

Good luck!

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