Master of Applied Economics

What you will study

To earn the Master of Applied Economics, you must successfully complete units totalling 160 credit points, as detailed below. Unless otherwise noted, each course is worth 10 credit points.

The course structure below is based on the two-year, 160-credit-point entry pathway. 

Foundation units

• Principles of Finance
• Econometrics and Business Statistics
• Economics for Professionals
• Work, Organisation and Management

Core units

• Applied Topics in Microeconomics
• Applied Topics in Macroeconomics
• Policy Analysis and Design Project
• Applied Econometrics

Elective units

Select 40 credit points from the following:

• Health Economics and Policy
• Climate Change, Energy and Environmental Economics
• International Trade
• Economic Development
• Economics of Public Issues
• Techniques in Business Analytics
• International Financial Management

Flexible units and Specialisation

Complete 40 credit points from eligible 8000-level postgraduate units for which you meet the prerequisites. Alternatively, you may use the flexible component to complete an eligible specialisation in one of the following areas:

• Business Management
• Finance
• Human Resource Management
• International Business
• Sustainable Finance

Entry requirements

Academic requirements

Admission duration depends on your previous qualifications, academic performance, relevant professional experience and other recognised prior learning.

Two years full-time (or equivalent part-time)

To be eligible for this pathway, applicants must:

• Hold an AQF level 7 bachelor’s qualification or recognised equivalent.

1.5 years full-time (or equivalent part-time): Foundation and Core Units

To be eligible for this pathway, applicants must meet at least one of the following requirements:

• Hold an AQF level 7 bachelor’s qualification or recognised equivalent with a weighted average mark of 65 or higher.
• Hold an AQF level 7 bachelor’s qualification or recognised equivalent with a weighted average mark of at least 60 and a GMAT score of 600 or higher.

1.5 years full-time (or equivalent part-time): Core and Flexible Units 

To be eligible for this pathway, applicants must meet at least one of the following requirements:

• Hold an AQF level 7 bachelor’s qualification in a related field or recognised equivalent.
• Hold an AQF level 7 bachelor’s qualification or recognised equivalent and have at least two years of relevant approved professional experience, professional certification or other recognised prior learning.

One year full-time (or equivalent part-time)

To be eligible for this pathway, applicants must meet at least one of the following requirements:

• Hold an AQF level 8 bachelor honours degree or graduate diploma in a related field, or recognised equivalent.
• Meet at least two of the following three criteria:
  • Hold an AQF level 7 bachelor’s qualification in a related field or recognised equivalent.
  • Have at least two years of relevant approved professional experience, professional certification or other recognised prior learning.
  • Hold an AQF level 7 bachelor’s qualification or recognised equivalent with a weighted average mark of 65 or higher, or a weighted average mark of at least 60 together with a GMAT score of 600 or higher.

Related fields include accounting, actuarial studies, banking, business, commerce, economics, econometrics, finance, insurance, management, supply chain, valuation, political economy, philosophy and economics, science, STEM-focused disciplines, and public or healthcare management.

Applicants relying on professional experience should contact the university to confirm whether their experience is considered relevant.

Meeting the minimum admission requirements does not guarantee an offer of admission.

Supporting documents

Applicants seeking admission based on relevant professional experience must provide:

• A current résumé.
• A workplace reference letter confirming their relevant experience.

English language requirements

Applicants must provide evidence of at least one of the following:

• An approved qualification completed in a recognised country with English as the language of instruction.
• An IELTS overall score of 6.5, with no individual band score below 6.0, or an accepted equivalent.
• Other accepted evidence of English language proficiency.

Contact the university for further information.

Recognition of Prior Learning

You may be eligible for recognition of prior learning if you have previously studied or have relevant work experience. This will help reduce the number of units you need to study to finish your course. Contact the university for more information.

Outcomes

Career outcomes

Potential career outcomes include:

• Business Strategist
• Data Analyst
• Econometrician
• Economic Development Officer
• Economic Policy Adviser
• Economist
• Financial Adviser or Analyst
• Insurance Analyst
• Investment Analyst
• Market Analyst
• Market or Social Researcher
• Policy Adviser
• Population Analyst
• Public Servant
• Regulator
• Risk Analyst
• Statistician
   

Fees and FEE-HELP

Indicative annual fee in 2027: $38,200 (Full-fee paying place)

Indicative annual fees are based on your first year of study.

A student’s annual fee may vary by:

• The number of units studied.
• Choice of units.
• Credit from previous study or work experience.
• Eligibility for government-funded loans.

Student fees shown are subject to change. Contact the university directly to confirm.

FEE-HELP loans are available to assist eligible full-fee-paying domestic students with the cost of a university course.