Master of Economics

St Lucia

 

INTAKE: Jul & Feb

Program Overview

The Master of Economics (MEcon) program at The University of Queensland is a distinguished academic pathway that provides students with advanced knowledge and skills in economics. This program is highly regarded for its rigorous curriculum, esteemed faculty, and focus on equipping students with the analytical and research capabilities needed for careers in economics and related fields.

Curriculum: Students delve into advanced economic theory, covering topics such as microeconomics, macroeconomics, and econometrics, laying the foundation for in-depth analysis. The program offers a variety of specializations, including but not limited to Development Economics, Environmental Economics, and Health Economics. These specializations allow students to tailor their studies to their specific interests and career goals. Students gain proficiency in quantitative analysis, econometric methods, and data analysis, which are essential for conducting research and making informed policy recommendations. MEcon students participate in research seminars and workshops, fostering critical thinking and encouraging them to engage in academic discourse. The program typically includes a thesis component, where students undertake independent research on a specific economic issue, applying their knowledge and research skills.

Research Focus: UQ's MEcon program places a strong emphasis on research, encouraging students to explore economic questions, analyze data, and contribute to the academic discourse in economics. This research focus nurtures critical thinking, problem-solving abilities, and the capacity to conduct empirical analysis, positioning graduates as valuable contributors to the field of economics.

Industry Engagement: The University of Queensland maintains robust connections with industry partners, government agencies, and international organizations. This engagement facilitates opportunities for MEcon students to gain practical experience through internships, research projects, and collaborations with external stakeholders. Such industry connections bridge the gap between academic learning and real-world application, enhancing students' practical skills and employability.

Global Perspective: With a diverse and international student body, UQ offers a global perspective in its MEcon program. Students benefit from exposure to different economic systems, policies, and challenges from around the world. This global perspective equips graduates with the ability to analyze economic issues in a broader international context, making them valuable assets in an increasingly interconnected world.

Pollster Education

Location

St Lucia

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

AUD 48160

Postgraduate Entry Requirements:

Academic Requirements: To be eligible for postgraduate programs at UQ, international students generally need to have completed a relevant undergraduate degree with a minimum academic achievement of 65% or above. Some programs may have specific prerequisites or higher academic requirements, so applicants should verify the entry criteria for their intended course.

English Language Proficiency:

  • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
  • TOEFL: An overall score of 87 is generally accepted, with minimum section scores of 19 for listening, 19 for reading, 21 for writing, and 19 for speaking.
  • PTE: A minimum overall score of 64 is typically expected, with a minimum score of 60 in each section.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.

The University of Queensland (UQ) is fostering a diverse and inclusive academic community by offering a range of scholarships to support international students pursuing their higher education goals. These scholarships are designed to recognize and reward academic excellence, promote cultural diversity, and alleviate the financial burden of studying abroad.

UQ International Scholarships: UQ offers a variety of scholarships specifically tailored for international students. These scholarships are typically awarded based on academic merit, and eligibility criteria may vary depending on the specific scholarship program. These scholarships can provide financial support to cover tuition fees, living expenses, and other study-related costs.

Destination Australia Scholarship: UQ participates in the Australian Government's Destination Australia Scholarship program, which aims to attract and support international and domestic students to study in regional Australia. This scholarship provides financial assistance to international students studying at UQ's regional campuses, such as UQ Gatton.

Australia Awards Scholarships: UQ also hosts students who receive Australia Awards Scholarships, which are funded by the Australian government and aim to promote development and strengthen ties between Australia and participating countries. These scholarships cover tuition fees, living allowances, and other support.

External Scholarships and Sponsorships: UQ encourages international students to explore external scholarship opportunities and sponsorships that may be available through government agencies, private organizations, or foundations in their home countries.The university provides support and information to assist students in applying for external funding sources.

Research Scholarships: For international students pursuing research-based postgraduate programs (e.g., Ph.D. or research master's degrees), UQ offers a range of research scholarships that cover tuition fees and provide a living allowance. These scholarships are often awarded based on academic merit and research potential.

A Master of Economics degree from The University of Queensland opens up a wide range of career opportunities for graduates.

  1. Economist: Graduates can work as economists in government agencies, financial institutions, research organizations, and international bodies, where they analyze economic data, provide economic forecasts, and inform policy decisions.

  2. Policy Analyst: Many MEcon graduates pursue careers as policy analysts, contributing their expertise to government departments, think tanks, and advocacy groups, influencing economic and social policies.

  3. Data Analyst: Graduates with strong quantitative skills find roles as data analysts in various sectors, helping organizations make data-driven decisions.

  4. Financial Analyst: With their deep understanding of economics, some graduates excel in financial roles, such as financial analysts or investment analysts.

  5. Consultant: Economic consultants offer their expertise to businesses and organizations, helping them solve complex economic challenges and make informed decisions.

  6. Academic and Research Roles: Graduates interested in academia or research can pursue doctoral studies or work in research positions in universities, research institutions, or international organizations.

  7. Environmental Economist: Specializing in areas like Environmental Economics can lead to roles in sustainability, conservation, and environmental policy analysis.


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