I'm in the second year of the Ballarat course, and I think I'm the only one from Sydney in this year so there's no way I can do what the folks in Melbourne get up to with their get-togethers for study & sampling.
The course takes a bit of effort, but I guess like most things if you stick at the readings and do a little bit of work each few days, then you can keep up with it.
The surprisingly good thing is the online lectures. I was sceptical at the start but they seem to work quite well.
We have a one week residential this year - Ballarat in June so bring the woolies.
As for entry requirements, if you are already in the industry then it's straigtforward. If like me you're not employed within the wider brewing industry then you need to do a write-up stating your reasons etc for wanting to start the course. From what I understand you don't need to have a prior degree, heck mine's in Elect Eng majoring in Antenna & Microwave stuff.
Trev