Master of Commerce Specialisation in Applied Economics

North Ryde - Sydney

 

INTAKE: Jul & Feb

Program Overview

The Master of Commerce Specialisation in Applied Economics program at Macquarie University embodies the institution's commitment to providing graduates with the knowledge and skills needed for successful careers in economics and related fields.

Curriculum: The program's curriculum is meticulously crafted to offer students a comprehensive education in applied economics. It covers a wide range of subjects, including microeconomics, macroeconomics, econometrics, and economic policy analysis. Students gain a deep understanding of economic theory and its practical applications.

Research Focus: Macquarie University places a strong emphasis on research, and this program reflects that commitment by offering students opportunities to engage in research projects. Collaborating with esteemed faculty members, students have the chance to contribute to innovative research initiatives in applied economics.

Industry Engagement: One of the program's standout features is its close connections with industry partners. Macquarie University collaborates closely with leading organizations, government agencies, and corporations, providing students with access to internships, industry projects, and networking opportunities. This direct industry engagement ensures that graduates are not only well-versed in economic theory but also equipped with practical skills highly valued by employers in the field.

Global Perspective: Macquarie University values diversity and fosters a global outlook among its students. The Master of Commerce Specialisation in Applied Economics program attracts a diverse cohort of students from various cultural backgrounds, creating a rich multicultural learning environment. Additionally, the university's global partnerships and exchange programs offer students the chance to gain international experience, enriching their understanding of global economic dynamics.

Pollster Education

Location

North Ryde - Sydney

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

AUD 43200

Postgraduate Entry Requirements:

Academic Qualifications: Applicants are generally required to hold a bachelor's degree or its equivalent from a recognized institution. The minimum academic achievement for postgraduate admission is typically 65% or above, as evaluated by the university.

English Language Proficiency:

  • IELTS: An overall score of 6.5 or 7, with no individual band score lower than 6.0.
  • TOEFL: An overall score of 100, with at least 12 in listening, 13 in reading, 21 in writing, and 18 in speaking.
  • PTE: An overall score of 65, with a minimum of 46 in all communicative skills.

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.

Macquarie University is providing opportunities to support students with their educational journey through various scholarship programs. These scholarships are designed to help students achieve their academic goals and alleviate financial stress.

  1. Vice-Chancellor's International Scholarship: This scholarship is offered to international students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers full tuition fees for the course duration and is awarded based on academic merit.
  2. Macquarie University International Scholarship: This scholarship is available to international students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers a portion of the tuition fees, ranging from AUD 5,000 to AUD 10,000 per year, depending on the course and level of study.
  3. Destination Australia Scholarship: This scholarship is offered to domestic and international students who are studying in regional Australia. The scholarship covers a portion of the tuition fees and provides a living allowance of AUD 15,000 per year.
  4. Indigenous Scholarship Program: This scholarship program is designed to support Indigenous Australian students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers full tuition fees and provides additional support such as accommodation and living allowances.
  5. Merit Scholarship: This scholarship is offered to students who have demonstrated outstanding academic performance in their previous studies. The scholarship covers a portion of the tuition fees and is available to both domestic and international students.
  6. Women in Leadership Scholarship: This scholarship is designed to support female students who are pursuing a postgraduate degree in a leadership-related field. The scholarship covers full tuition fees and provides additional support such as mentoring and networking opportunities.

Graduates of the Master of Commerce Specialisation in Applied Economics program at Macquarie University are well-prepared for dynamic and rewarding careers in economics, policy analysis, research, and related fields. This program equips students with the knowledge, skills, and practical experience necessary to excel in a variety of professional roles. 

  1. Economist: Economists analyze economic data, market trends, and policies to provide insights and forecasts. They work in various sectors, including finance, government, research organizations, and academia.

  2. Policy Analyst: Policy analysts evaluate the impact of policies and regulations on economic and social outcomes. They provide recommendations to government agencies, think tanks, non-profit organizations, and consulting firms.

  3. Research Analyst: Research analysts collect and analyze economic data to support research projects, market analysis, and financial forecasting for organizations, research institutions, and government agencies.

  4. Financial Analyst: Financial analysts assess economic factors and trends to provide investment recommendations, financial planning guidance, and risk assessments for financial institutions and corporations.

  5. Economic Consultant: Economic consultants offer expert advice to businesses, government agencies, and organizations on economic issues, market trends, and strategy development, often working for consulting firms.

  6. Data Analyst: Data analysts use economic data to derive insights and trends, assisting organizations in making data-driven decisions. They work in various sectors, including finance, marketing, and research.

  7. Government Economist: Government economists work for government agencies to analyze economic data, assess policy options, and provide economic forecasts to support decision-making at the federal, state, or local level.

  8. Market Research Analyst: Market research analysts assess consumer behavior, market trends, and economic conditions to provide insights for businesses in making marketing and strategic decisions.

  9. International Trade Specialist: International trade specialists analyze global economic trends, trade policies, and regulations to facilitate international trade and help organizations expand their global presence.

  10. Financial Planner/Advisor: Financial planners help individuals and families create financial plans, manage investments, and achieve their financial goals by considering economic factors and trends.


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