Depending on the student's past training and experience, obtaining a Masters in Data Science in Australia might take anywhere between two and four years. A data science degree at an Australian institution may cost between $35,000 and $90,000. (total tuition fees of the complete program). Anyone from the related professions might choose to pursue a master's degree in data sciences, which is mostly focused on the principles of mathematics and computing. Through this course, data will be gathered, and students will learn insightful things from it.
IELTS scores (6.5 or comparable exam equivalents), a four-year bachelor's degree with a GPA of at least 6.5, and professional LORs are requirements for admission to Australia's Masters in Data Science program. To give themselves more time to obtain a student visa, applicants must make sure that they submit their applications by the deadlines for Australian universities. You can come to Australia after earning a degree in data science since there is a great need for workers in this field and because graduates from Australian institutions sometimes receive bonus points when applying for permanent residency.
Why Study Masters in Data Science in Australia?
Numerous overseas students travel to Australia every year, particularly to seek higher education there.
- By September 2019, there were 720,150 students enrolled across all disciplines in Australia, an increase of 11% from the previous year.
- Data scientists will be in high demand in the upcoming years, with salaries that will be three times more than the typical income for Australians.
- According to one of the polls done by the Institute of Analytics Professionals of Australia (IAPA), entry-level data scientists may make up to 30,000 AUD a year.
- According to economic surveys Deloitte performed in 2017, the number of people employed in data science in Australia is expected to increase significantly, from 301,000 in 2016–17 to 339,000 in 2021–22.
a rise of about 38,000 workers at a 2.4% annual growth rate on average.
Consider studying abroad
The following information must be understood by international students who plan to pursue an MS in data science at an Australian university.
Where to apply
The majority of Australian universities have a very uniform admissions procedure. You will be forwarded to the relevant university's online application page since you are an international student.
Masters of Data Science in Australia Eligibility
A foreign student must have completed four years of undergraduate study in a suitable discipline to be eligible for an MS in Data Science in Australia. Below are some details for Australian applicants seeking an MS in data science.
- Computer science, data science, statistics, engineering, physics, economics, and finance are examples of fields where UG can be pursued.
- A GPA of 5.0 on a scale of 1–7, or a minimum average score of 65%.
Documents Required for Masters in Data Science in Australia
In contrast to other nations, Australia does not require applicants seeking master's degrees in data science to submit GRE or GMAT results. The following are the papers that are fundamentally needed by everyone:
- Certificate for a Bachelor's Degree: A Bachelor's degree must have been earned to qualify. A bachelor's degree with a score of at least 70% can help you qualify for the MS in Data Science program.
- Statement of Purpose: The most crucial component of your application is your statement of purpose since it serves as a reflection of your academic accomplishments and enables you to convey information that cannot be obtained from your academic credentials. You should place greater emphasis on your prior successes, future professional aspirations, and motivation for obtaining a master's degree in data science when writing this SOP.
- Recommendation letter: Three letters of recommendation are required, preferably from your professors or academic advisors.
- A resume or curriculum vitae: If you have experience in data science or statistics on the job, you may include it in your CV or resume to strengthen your application. Two years of related work experience is a respectable amount.
- Overseas Students Health Insurance: Before enrolling in any program in Australia, it is required that you obtain coverage under the Overseas Students Health Insurance. This is applicable for the whole period of your course.
- Once you've been accepted into a full-time program, see if you qualify for an Australian Student visa (subclass 500) and submit an application. Your promptness will enable you to obtain the visa well in advance of the program's start date.
Admissions Decision
You must wait around 6 to 8 weeks after completing your application for the admission offer. Typically, the news of admission is delivered through email or postal mail. You must pay the registration fee to accept the order. The university will then send you an email with an "Electronic Confirmation of Enrolment" (eCoE). Information on the course price, the start date, and the length of the course will be included in the email. When you apply for a student visa to study in Australia, you must provide an eCoE.
Masters in Data Science in Australia
Before making plans to pursue a master's degree in data science in Australia, it is crucial to list all of the costs associated with the program as a whole. Before making a choice, let's examine the facts.
Pre-arrival Cost
The pre-arrival cost covers any expenditures you will incur when choosing to pursue a master's degree in data science in Australia. This mostly covers the price of the required standardized examinations, the cost of a visa, and the cost of health insurance.
Cost of standardized tests
If you are from a non-English speaking nation, you will just need to take the English language exam to study in Australia. The price of a handful of these well-liked English language exams is listed below.
- IELTS fee costs Rs. 13,250
- TOEFL fees costs Rs. 1,468-17,919
- PTE Academic costs Rs. 13,300
- The Occupational English Test costs Rs. 27,553
- Cambridge C1 Advanced Test costs Rs. 6,000
Visa
If you want to pursue studies in Australia, you will need a student visa (subclass 500). Make sure you satisfy the requirements for an Australian student visa before applying for one. 620 AUD is the average cost of an Australian visa
Overseas Student Health Insurance (OSHC) Cost
29,187 INR Before traveling to Australia, you must have OSHC and insurance. You'll pay around 438 AUD a year for this; 20657 INR
Deposit Payment
To confirm your acceptance, all Australian institutions will request a deposit payment from you. Each institution has a different enrolling cost.
Masters in Data Science in Australia with Scholarships
Do Australian institutions provide financial aid for this course of study? Yes, several prestigious Australian colleges presently provide scholarships for this program, as we are frequently asked this question.
However, there are significant differences across universities in the size or value of the scholarship. A few thousand dollars to 20–25% of the college costs are possible ranges.
What are the requirements to qualify for these scholarships? Again, there are variations amongst universities. Universities typically base their decision on your scholarship eligibility on your prior academic record, namely the grades you received throughout your undergraduate or bachelor's studies.
Some institutions utilize a straightforward cut-off mark; if you score higher than the cut-off mark, you are eligible for a scholarship. Other universities use a more rigorous application procedure. Essays, past extracurricular activities, interviews, and other considerations may also be used by universities in their decision-making processes.
Some scholarships offered by universities in Australia are:
- If you are a student at the University of Melbourne and have demonstrated strong academic achievement, you may be eligible for the Melbourne School of Engineering Scholarship, which offers scholarships ranging from Rs. 2.80 lakhs to Rs. 11.21 lakhs. If you are a student at Australian National University, the College of Engineering and Computer Science International Postgraduate offers a merit scholarship that offers a 25% tuition price discount. The scholarship is immediately taken into consideration because it is merit-based.
- If you are a student at The University of Sydney, the School of Computer Science's Master of Data Science Entry Scholarship offers you a scholarship of Rs. 3.36 lakhs. Academic achievement and proficiency in quantitative disciplines are taken into consideration while awarding the scholarship.
- If you are a student at the University of New South Wales, the Future of Change Scholarship UGCE1283 offers a scholarship worth Rs. 2.80 lakhs a year (UNSW). Indian students who exhibit great academic proficiency are eligible for the scholarship; there is no interview necessary.
- If you are a student at Monash University, the Monash International Merit Scholarship offers a scholarship of Rs. 28.03 lakhs every year. If you are a deserving international student, the scholarship will be awarded.
If you are a future student at the University of Queensland and are a high achiever, you can get a tuition fee refund of 5000 AUD for semesters one and two, respectively, if you apply. If you are an Indian student with a GPA of 6.0 on a scale of 7 points, you are eligible for the award. - If you are enrolled at The University of Technology Sydney, the International Postgraduate Coursework Full Tuition Scholarship offers a 100% tuition price refund. The award is given to deserving overseas students.
- If you are a student at RMIT University, you can get a 20% tuition fee rebate through the Future Leaders Scholarship. Students from India, Sri Lanka, Bangladesh, Bhutan, Nepal, or Pakistan who want to enroll in UG or PG programs at RMIT are eligible for the grant.
- If you're a student at The University of Adelaide, you can get a 50% tuition fee rebate through the Global Academic Excellence Scholarship (International). International students with an ATAR of 98 or 6.8 GPA are eligible for the grant.
- If you are a student at the Queensland University of Technology, the International Merit Scholarship offers a 25% tuition fee reimbursement (QUT). Indian students having a CBSE or ICSE certificate and at least 80% in their top five subjects are eligible for the award.
Masters in Data Science in Australia: Scope and Jobs
In Australia, the average starting salary for a data scientist is 94,970 AUD. The pay is dependent on experience and the city where one works. Following is a list of some of the most sought-after positions for postdocs in data science in Australia, together with the compensation packages on offer:
- The average annual income for a data analyst is 47.68 lakh rupees.
- The average annual compensation for a software engineer is 44.79 lakh rupees.
- The average annual income for a software developer is Rs. 83.71 lakhs.
- The average annual compensation for a senior data analyst is 63.58 lakh rupees.
- The average annual compensation for a business analyst (IT) is 53.29 lakh rupees.
- Senior Data Scientists make an average of 78.54 lakhs rupees a year in compensation.
- The average annual income for a senior software engineer, developer, or engineer is Rs. 93.83 lakhs.
- The average yearly compensation for a senior software engineer is Rs. 93.83 lakhs.
- The average yearly compensation for a data engineer is 64.51 lakh rupees.
- The average annual income for a software engineer, developer, and programmer is 41.78 lakh rupees.
Data Science has established a place for itself in a multitude of disciplines, whether in the healthcare sector, retail marketing, or Life sciences, as a result of technological innovation and the abundance of data expanding every day in every subject. This degree is anticipated by students all around the world since it provides excellent work opportunities. According to Deloitte's analysis, Australia will need 1800 qualified data scientists annually for the next five years, making it an excellent alternative for international students.
In light of the aforementioned information, pursuing a Masters in Data Science in Australia may provide excellent opportunities for a promising future in the field. Therefore, if you are driven enough to collect data and derive actionable insights, this course may be a good fit for you.
Data Science and related topics are expanding quickly and are finding applications in every conceivable business, from banking and finance to pharmaceuticals and health care, as you are surely already aware. Numerous prestigious Australian institutions are now providing these degrees in this fascinating field of study, which also offers a variety of job prospects. To help you narrow down the list of colleges that are the best match for you, we have attempted to provide you with a thorough review of the well-known institutions that offer this program in this article.
