GD111 - Graduate Diploma in Statistics (Business)

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Plan: GD111 - Graduate Diploma in Statistics (Business)
Campus: City Campus


Program details
Objectives of the program
Articulation and pathways
Entrance requirements
External accreditation and industry links
Student expenses and charges in addition to fees
Library, IT and specialist resources

Program details

Award title: Graduate Diploma in Statistics (Business)
Award abbreviation: GradDipStat(Bus)
Total credit points: 96
Career: PGRD
Duration: 1 year full time or 2 years part time
Location: City Campus
Owning school: Mathematical & Geospatial Sciences (145H)
Owning school URL:
ASCED code: 010103
CRICOS code: 038973M

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Objectives of the program

This program will provide you with knowledge of statistical concepts as they apply to the business world. You will attend lectures and tutorials by specialists from all six schools from the RMIT College of Business and specialist statisticians from the School of Mathematical and Geospatial Sciences.

The program will provide you with skills that have considerable utility, given the increase in finance jobs needing skills in data analysis, computers, financial modelling, forecasting etc. There is a gap in employees’ experience and currently this is bridged by on-the –job training within organisations or by calling in consultants to complete specialist work. This gap exists not just in the Finance industry but across the spectrum of the Business disciplines.

The main objective of the program is to provide you with a good working knowledge of statistics and associated software tools, which will provide you with skills that can be readily applied in a rapidly changing business environment.  You will be made aware of how the discipline can be used to model economic and industrial phenomena. You will also become familiar with methods for the acquisition and analysis of data using contemporary statistical software and computer related technologies.

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Articulation and pathways

By completing this program (GD111), you may apply for entry into the masters program (MC122: Master of Statistics (Business)). In addition, by first completing this Graduate Diploma (GD111), you will be exempted from Stage A and Stage B of the masters program.

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Entrance requirements

In order to gain entry into the program, you are required to have previously completed a bachelor degree with a component in a numerate discipline. For example, if you have graduated from a business program, or from a program in diverse areas such as psychology and applied biology, and have studied statistics in contextualised courses, you may be eligible to meet the entrance requirements. If you do not meet the necessary formal background but have substantial knowledge of business or industrial practices through your work experiences, you may also be eligible for admission.

If you are an international student, you must achieve one of the following English language requirements prior to entry into program:

  • IELTS (Academic) – 6.5+ (no band less than 6.0)
  • TOEFL Paper based – 580+ (TWE 4.5+)
  • TOEFL Computer based – 237+ (TWE 4.5+)
  • TOEFL Internet based (BT) – Overall score 92, minimum 20
  • REW – English for Academic Purposes Advanced 2


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External accreditation and industry links

There is no external accreditation for this program. On completion, you will be eligible to become members of the following organisations: Australian Statistical Society, Australian Society for Operations Research and the American Statistical Association.

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Student expenses and charges in addition to fees

Once you are enrolled as a student in this program you will need to allow for expenses other than university tuition fees.  Additional expenses may relate to the purchase of lecture notes, textbooks, stationery, consumables such as printer paper, fees levied by commercial internet service providers for internet access outside of the university campus, and other relevant costs.

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Library, IT and specialist resources

Resources available from the Library
As a student enrolled in a program at RMIT University you can access the extensive services, facilities and study space provided by the Library. You can access books, journals and other course related materials, such as DVDs, past exams, newspapers and e-books. Through our document delivery service you can also request items from any library in the world.

Computers for study are available at every Library site, where you can access the Internet, myRMIT or Library e-resources. If you have a laptop you can access the RMIT wireless network in the Library.

Library staff can show you how to find information for your assignments or you can work through web-based tutorials or use our online Ask a Librarian service.

The Library is continually expanding our electronic collections to make it easier for you to get the information you need when you need it. All RMIT students have unlimited access to quality electronic resources such as, e-books, e-journals and newspapers.

You can find more information on Library resources and services at:

Online learning tools and content
As a student in this program you may access online learning tools and content for your program and associated courses from the student portal, myRMIT.

Learning services available to you as a student at RMIT
RMIT provides a wide range of resources and opportunities to assist your learning and wellbeing so you can achieve your study and career goals.

Services are available face to face and online assisting with:

  • transition to tertiary study and learning
  • study skills, academic skills including literacy, mathematics and basic sciences if relevant
  • enabling assistance if you have a disability, long term medical condition or other form of disadvantage which may impact on your learning
  • career development and employment
  • living and wellbeing (including advice on health, housing and financial matters)
  • opportunities for scholarships, leadership and study abroad
  • opportunities for participating in arts, sport, recreation, fitness activities as well as student activism and university governance

We also offer a friendly and supportive environment for Aboriginal and Torres Strait Islander students.
You can find more information at;ID=b3mism7rz4jd

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