MC242 - Master of Analytics

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Plan: MC242 - Master of Analytics
Campus: City Campus

Overview

Program details
Purpose 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: Master of Analytics
Award abbreviation: MAnalytics
Total credit points: 192
Career: PGRD
Duration: 2 years full time or 4 years part time
Location: AUSCY
Owning school: Science (171H)
Owning school URL: www.rmit.edu.au/about/our-education/academic-schools/science/
ASCED code: 010103
CRICOS code: 081540A

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Purpose of the Program

Analytics is an established quantitative field within both industry and higher education. With exponential growth in available data, the analytics discipline has emerged as a key field requiring the skilled analyst. This program provides you with complementary skills in analytics, tapping into studies in statistics, operations research, computer science, information technologies, business, economics, finance and marketing. Combining the expertise of the College of Science, Engineering and Health and the College of Business, the Master of Analytics prepares you for statistical analysis in the business world. The flexibility of the program, allowing you to choose from a diverse range of electives, combined with a core of statistics and operations research, will enable you to specialise in the areas that will assist you in the future.

A strong focus of the program is consulting and work-integrated learning. This assists you through exposure to industry projects and problems that provide you with hands on examples for the development of your analytic capabilities. With data-driven decisions now a fundamental part of business operations, this program provides you with the platform to be a business-ready problem solver.

MATH2191 Applied Research Project will serve as a capstone experience - a culmination of  prior knowledge, skills and their application acquired during the program of study. 

This program is delivered on campus; some courses may be available online.

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Articulation and pathways

If you have successfully completed one of the following qualifications majoring in analytics, statistics, operations research, or a relevant discipline you will be eligible for exemptions as follows:

Qualification levelExemptionsRemaining program duration
Bachelor degree
Graduate Certificate
(AQF Level 7 or equivalent)
Up to 48 credit points (equivalent to one semester full time study)144 credit points (equivalent to three semesters full time study)
Bachelor degree (Honours)
Graduate Diploma
Master
PhD
(AQF Level 8 or higher)
Up to 96 credit points (equivalent to two semesters full time study)96 credit points (equivalent to two semesters full time study)

If you have successfully completed one of the following qualifications majoring in economics, finance, logistics, marketing, supply chain management, engineering (management), information technologies, information security, computer science, geospatial science or a relevant discipline you may be eligible for exemptions as follows

Qualification levelExemptionsRemaining program duration
Bachelor degree
Bachelor degree (Honours)
Graduate Certificate
Graduate Diploma
Masters
PhD
(AQF Level 7 or higher)
Up to 48 credit points (equivalent to one semester full time study)144 credit points (equivalent to three semesters full time study)

If you choose to exit this degree after completing 96 credit points (equivalent to two semesters full time study) you are eligible to obtain a Graduate Diploma in Analytics (GD111). Note that the exemptions mentioned above cannot be used to exit with a Graduate Diploma.

Upon completion of your program, if you wish to continue your studies with a PhD degree, you may need to have completed MATH1332 Minor Thesis. 

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Entrance requirements

A bachelor degree

OR

At least 10 years of relevant work experience

International qualifications are assessed according to the Australian Qualifications Framework (AQF).

English language requirements
IELTS - 6.5+ (no band less than 6.0)
For equivalents to English entry requirements, see the English equivalents web page (unresolved)

Exemptions

Some applicants might be eligible for credit that might change the duration of their program. Please refer to Articulation and Pathways section for more detail.

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    External accreditation and industry links

    Graduates of the Master of Analytics program may be eligible to become a member of the Institute of Analytics Professional Australia, the Statistical Society of Australia, the American Statistical Association, the Australian Society For Operations Research and the Institute for Operations Research and the Management Sciences.

    The Institute of Analytics Professionals of Australia (IAPA) is the professional organisation for the analytics industry in Australia, incorporating business analytics and data mining across multiple disciplines and sectors. The objective of the Statistical Society of Australia (SSAI) is to further the study, application and good practice of statistical theory and methods in all branches of learning and enterprise. The primary objective of accreditation is to indicate to the non-statistical community that the holder has achieved an acceptable level of professional competence in the understanding and application of statistical methods and is bound by the Code of Conduct of the SSAI . The American Statistical Association is the world’s largest community of statisticians and supports excellence in the development, application and dissemination of statistical science through meetings, publications, membership services, education, accreditation and advocacy.

    The Australian Society For Operations Research serves the professional needs of Operation Research (OR) analysts, managers, students and educators by publishing a National Bulletin and National and Chapter Newsletters. The society also serves as a focal point for operations researchers to communicate with each other and to reach out to other professional societies. The Institute for Operations Research and the Management Sciences is the leading association for professionals in the fields of operations research, management science, and analytics.

    We are formally linked to industry through our Program Advisory Committee (PAC) and through various consulting and research projects undertaken by staff. Members of the PAC provide valuable input and are a major driver for change in the program, particularly with regard to industry trends and future graduate capabilities, the use of state-of-the-art software, the introduction of specialisations and, most importantly, support for the introduction of work integrated learning (WIL). Work Integrated Learning will be visible in each year of the program through the use of guest lecturers, visits to industry, industry projects and, where possible, student placements in industry.

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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

    Library resources and services
    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 (www.rmit.edu.au/myrmit) or Library e-resources. If you have a laptop you can access the RMIT University 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 University 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: www.rmit.edu.au/library

    Online learning tools and content 
    You can access online learning tools and content for your program and associated courses at myRMIT (www.rmit.edu.au/myrmit).

    Services available to you as a student at RMIT University
    RMIT University 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 and 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: www.rmit.edu.au/students

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