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Monash University

Master of Global Business and Applied Econometrics

  • Delivery: Face to Face
  • Study Level: Postgraduate
  • Duration: 24 months
  • Course Type: Master's

Enhance your career options by improving your ability to critically analyse, problem solve and develop innovative solutions to a wide range of contemporary business issues.

Course overview

The Master of Global Business and Applied Econometrics double master's degree provides those seeking a career in data analysis and forecasting with advanced knowledge and skills to better understand the global business environment and issues confronting organisations operating across different markets. Whilst those who seek a career in global business will find they will engage in learning from and working with world leaders by developing empirical model building and forecasting skills that are in high demand from industry, policy organisations and governments.

Throughout this two-year double masters’ degree, you’ll gain an advanced understanding of the analytical and technical skills needed to apply econometric thinking to a number of global business challenges. As you build this skillset, you’ll also develop a deeper understanding of the contemporary challenges global businesses face today opening all kinds of opportunities for a more impactful career.

Key facts

Delivery
Face to Face
Course Type
Master's
Duration
More Information
Can be studied part time
24 months (Full time)
Price Per Unit
From $4,637.5
More Information
The estimated per-unit fee is calculated using the annual average first-year fee. It is based on a full-time study load of 48 cp (8 units).
Campus
Caufield
Intake
New start dates announced soon
Units
16
Fees
More Information
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.
FEE-HELP

What you will study

To complete the Master of Global Business and Applied Econometrics, students must fulfil 16 units (96 credit points), consisting of Master of Global Business units (48 credit points) and Master of Applied Econometrics units (48 credit points).

Master of Global Business

Mastery of Knowledge

Core units (36 credit points)

  • Global business (six credit points)
  • Global trade governance (six credit points)
  • Global sustainable operations and supply chain management (six credit points)
  • International trade policy (six credit points)
  • Geo-politics and business globalization (six credit points)
  • Intercultural communication and negotiation (six credit points)

Electives (12 credit points)

Students must complete two of the following units:

  • Sustainable business and innovation (six credit points)
  • Business ethics in a global environment (six credit points)
  • International institutions and organisations (six credit points)
  • Strategic management (six credit points)
  • Business practice 1 (six credit points)
  • Business practice 2 (12 credit points)
  • Engaging with international business 1 (six credit points)
  • Engaging with international business 2 (six credit points)
  • Engaging with international business 3 (six credit points)
  • Engaging with international business 4 (six credit points)
  • Engaging with international business 5 (six credit points)
  • Engaging with international business 6 (six credit points)
  • Engaging with international business 7 (12 credit points)
  • European business and society 1 (12 credit points)
  • European business and society 2 (six credit points)
  • Industry placement 1 (six credit points)
  • Industry placement 2 (12 credit points)
  • Consulting project 1 (six credit points)
  • Consulting project 2 (12 credit points)
Master of Applied Econometrics

Entry requirements

An Australian bachelor degree (or equivalent) with at least a high credit (65 per cent) average or equivalent Grade Point Average in a STEM or business area that includes a first-year statistics or mathematics unit or equivalent.

English language requirements

For entry to Monash University, you must meet the minimum English language requirements. You can do this by completing one of the qualifications listed on their website.

If you've completed several measures of English proficiency over a period of time, the highest valid measure will be accepted as long as it's been taken within the required time limitations.

Recognition of Prior Learning

You may be able to get credit for your course based on prior formal, non-formal or informal learning. To apply, you will need to provide supporting documentation outlined by the university. Contact the university for more information.

Outcomes

Learning outcomes

Upon successful completion of this course it is expected that you will:

  • Be critical and creative scholars who produce innovative solutions to problems, apply research skills to business challenges and communicate effectively and perceptively.
  • Be responsible and effective global citizens who, engage in an internationalised world, exhibit cross-cultural competence and demonstrate ethical values.
  • Be able to incorporate a diversity of world views, to develop and build solutions that address the issues of sustainable development, social development, social responsiblity and strategic decision making.
  • Have the ability to critically appraise and apply the knowledge gained to broad range of firms and organisations operating globally.
  • Have acquired the necessary reflective and analytical skills to engage in life-long learning.
  • Demonstrate broad knowledge and technical skills in the area of their specialisation and be able to provide discipline based solutions relevant to the business, professional and public policy communities that we serve.
  • Have advanced knowledge to master's level in the specialisation.

Fees and FEE-HELP

Average 2025 first-year fee: $37,100 (domestic full-fee paying place)

All costs are calculated using current rates and are based on a study load of 24 credit points (normally four units) per semester or 48 credit points (normally eight units) per year.

A student’s annual fee may vary in accordance with:

  • The number of units studied per term.
  • The choice of major or specialisation.
  • 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.