Master of Economics

The University of Melbourne

The Master of Economics is a two year program in advanced studies in economics and econometrics. It provides training in critically reading the literature and experience in undertaking independent research. The program is ideal for those who wish to acquire the skills needed to practice as a professional economist in the public or private sectors. The program also provides a foundation to undertake further study at the Ph.D. level. Graduates of the Master of Economics will have detailed knowledge of the most recent research in the disciplines of economics and econometrics and will have developed the skills needed to make their own contributions to that research.

Course Fee:

Australian: $69,930
International: $90,266

Entry Requirements:

An undergraduate or postgraduate degree with a strong analytical or mathematical component and with a weighted average mark of at least 75%; results of the Graduate Record Examination (GRE) (unless exempt); personal statement.

Structure:

The Master of Economics consists of four core economics subjects, two quantitative subjects, eight elective subjects and the (double subject) Economics Research Report.

Subjects you can Study:

Economics; Econometrics

Study Pathways:

Applicants with an honours degree in economics with a weighted average mark of at least 75%, or a relevant postgraduate degree with a weighted average mark of at least 75% who have completed subjects which satisfy the prerequisites for both the core and quantitative second year subjects in the Master of Economics may be awarded up to 100 points of credit into the Master of Economics. Students enrolled in the Master of Economics who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Diploma in Economics. Students must have successfully completed the eight subjects which comprise Year 1 of the Master of Economics to be awarded the Graduate Diploma in Economics.

Further information:

GRE exemptions apply if students have completed their entire undergraduate degree in Australia or New Zealand, or if they fit into the 'humanitarian aid case' category.

Who for:

Students with prior training in economics wishing to acquire advanced skills to practice as professional economists in the public or private sectors

Accepts International Students:

Yes

Provider CRICOS: 00116K

Related Careers:

Economist,
Campus ATAR/OP Mid Year Intake Study Mode Duration
Parkville No info No Part time 4 years
Parkville No info No Full time 2 years
Numbers aren’t always important. But when you graduate from a university that's ranked one of the world’s best, you’ll share that reputation. Not just after graduation but long after you leave.

 

Why study with us 

With a 160-year history of leadership in learning, teaching and research, the University of Melbourne has grown to be an internationally respected institution, consistently ranked as one of the world’s leading universities – number one in Australia and number 32 in the world*. 

The value of a Melbourne education is backed up by the fact we’re ranked sixth in the world for graduate employability by the well-regarded QS Graduate Employability Rankings 2020.

 

Facilities and services 

The Parkville campus, with new, state-of-the-art facilities springing up beside our heritage buildings, connects Australia’s leading health and biomedical precinct with our faculties and schools, while the Southbank campus – home to studies in fine arts, performance and music – is on the doorstep of the best museums, galleries, theatres and concert halls in Australia. 

Our regional campuses provide immersive experiences in specialty areas like veterinary medicine, agriculture, and forestry.

Alongside our industry-focused academics, there are internships and volunteering opportunities to give you real-world work experience and develop leadership qualities, while giving you the chance to contribute to the community.

 

Admission and Selection

The University of Melbourne’s Study website is a ready resource for everything you need to know about studying at Australia’s leading university. From eligibility requirements for domestic and international students and submitting an application through VTAC to applying for special entry schemes and scholarships, you’re set up for success from the get-go.

 

Study options 

Our approach means you can create your own study path based on your interests and abilities, but with flexibility to explore new options along the way. In a world where careers are changing fast and employers want analytical and adaptable thinking, this flexibility has never been more important. 

Our bachelor degrees are offered in: Agriculture, Arts, Biomedicine, Commerce, Design, Fine Arts, Music, Oral Health, and Science and cover more than 100 areas of study. Our professional graduate programs include architecture, criminology, education, engineering, finance, law, medicine, nursing, optometry, psychology, urban planning, veterinary medicine and many, many more. 

We’ve also introduced a new suite of courses that bundle your undergraduate degree with your graduate study. These Graduate Degree Packages mean you’ll have the assurance of a guaranteed graduate place at the time you receive your offer. 

*Times Higher Education World University Rankings 2019

 

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