Having been known as the fastest emerging hub of higher education, Australia accounts for over 1,000 educational institutions and 40 universities, which is comparatively higher than many other developed countries. The availability of vast specialisations and fields make the country an in-demand destination for students aspiring to pursue higher education from across the world.
Did you know? 7 out of 100 best universities are in Australia, and the country's education system is ranked 14th by the Organisation for Economic Co-operation and Development (OECD).
Even though coursework and study options play a pivotal role, there are a few other factors which students examine before they decide to choose a master's course to study in Australia. In the current set up, international students don’t just go abroad to only explore academic opportunities but also to attain practical knowledge, get exposed to research centres, and experience work while studying options in another country. Hence, Australia will pave the way for you to explore the other facets of international education comfortably.
So, if you are looking to choose a master's course to study in Australia? Here is a good read for you!
1. Masters in Accounting:
The course span of accounting courses in Australia is between 1.5 to 2 years and are offered as either Masters of Professional Accounting or Masters in Business Accounting in Australian education institutions. International students with a Bachelor's degree in commerce, accounting and other related fields are eligible to apply for a master's course in Australia. It is estimated that the need for accountants will be rising to 200,000 by 2023, which in turn will scale up the median remuneration of accountants to 58,000 AUD.
A Master's degree in Accounting will equip international students to become a member of the prestigious accounting bodies such as the ACCA (Association of Chartered Certified Accountants) and CPA (Certified Practising Accountant). Besides, 6 universities in Australia which offer masters in accounting are ranked in the 100 top universities in the THE Global Ranking 2020.
So, if you are interested in juggling numbers and helping to build business strategies with numeric-crunching skills, then a Masters in Accounting is the best fit for you!
2. Masters in Business Administration
Business Administration is a highly sought-after master's course by international students to study in Australia. This course is also considered as a pathway to enter the fortune 500 organisations soon after completing the course. Apparently, Business Administration is an umbrella course with various sub-domains such as Entrepreneurship, Marketing, Finance, and Data Management. According to the Financial Times report, people get a minimum 140% increment in their salary post pursuing the Master's of Business Administration in Australia.
Australia boasts of its top-notch business institutions such as the ANU College of Business and Economics, University of Sydney and Monash Business School. These schools offer international students a diverse yet dynamic course that is approximately ranging from sixteen months to 3 years.
Some institutions also offer part-time programmes depending on international students' requirements. According to the QS report of top MBA Jobs and Salary Trends, the mean salary is over 160,000 AUD for international employees in Australia.
3. Masters in Business Analytics
The demand for Business Analytics graduates has been on the rise over the last decade. A Master's course in Business Analytics eventually helps international students equip with the data & analytical skills required to derive information from a complex data set. Businesses that need to actualise value from the rapidly increasing volume of data make use of Business Analytics Graduates with the analytical, computational, and business skills in Australia and worldwide.
Master of Business Analytics students in Australia will graduate with the skills, including:
- In depth understanding of the data processing of unstructured data.
- Technical skills to apply, understand and interpret the data analysis approaches.
- Ability to understand the ethical issues which are related to protecting the individual's rights and the integrity of data analysed and collected.
- The ability to implement data analytics techniques and tools in a wide range of business verticals.
In the current Salary and Skills Survey conducted by the IAPA (Institute of Analytics Professionals of Australia) found that the mean salary of data analytics professionals in Australia is over $180,000/ year. This data indicates there is a broad scope of career opportunities in Australia to Master's graduates.
Institutions such as Deakin, La Trobe and RMIT offer a Masters in Data Analytics course to international students.
4. Masters in Nursing:
Unlike other courses, a Master's degree in Nursing is a professional course that provides students with the most revered and lucrative career. Almost all nursing courses (Master's) in Australia last for 1 or 2 years depending upon the nature of the course. Mental Health Nurses, Nursing Reachers and Registered Midwives Nurses are some of the lucrative nursing careers in Australia which require a master's degree in Nursing.
Universities offering nursing courses in Australia such as Deakin, RMIT and Monash have been consistently ranked amongst the top 75 institutions in the world for the nursing program. Most institutions are successfully offering nursing courses online for decades, including the University of South Australia.
International students completing a postgraduate nursing course in Australia earn between 60,000 to 100,000 AUD based on the specialisations they choose from.
Some of the popular postgraduate nursing programs in Australia are:
- MN - Master of Nursing (MN)
- MSC - Master of Science in Nursing (MSc Nursing)
- MNP - Master of Nursing Practice
- Master of Advanced Nursing
- Master of Clinical Nursing
5. Master of Engineering
MEng, Master of Engineering, is a specialised technical degree offered in various disciplines such as Electrical, Mechanical, Civil, Mechatronics and Oil and Gas. Most universities in Australia offer this program full time with a 2-year course duration. Owing to the country's career opportunities and teaching excellence in Engineering, the number of students getting enrolled has been increasing exponentially year after year.
MEng in Australia comprises 72 credit points which have to be finished in the two years. Unlike the MS program, the credits in the MEng program are divided into as follows:
- Over 40 credit points are allocated to a major. International students can choose a major such as Robotics, Biomedical, Civil, Cybersecurity, Geotechnical, and Manufacturing.
- Over 10 credits are allocated to choosing the elective according to students' interests. The elective can be of technical subjects or non-engineering subjects.
International students applying for MEng Program in Australia are expected to know the basics of physics and maths with an undergraduate degree in engineering or science. Some of the institutions offer MEng course in Australia are Australian National University, University of Western Australia, University of Queensland, and Monash University. Graduates of MEng earn over 80,000 AUD on average, per annum.
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