Master of Economics

Crawley campus - Perth

 

INTAKE: Jul & Feb

Program Overview

The Master of Economics program at UWA is a prestigious postgraduate degree designed to cultivate expertise in economics and empower students with advanced knowledge and analytical skills.

Curriculum: UWA's Master of Economics program offers a robust curriculum that blends theoretical foundations with practical applications. Core courses cover microeconomics, macroeconomics, econometrics, and quantitative analysis. Moreover, students have the opportunity to specialize in areas like environmental economics, international trade, or development economics through elective courses, tailoring their education to match their interests and career aspirations.

Research Focus: UWA's reputation as a research-intensive university extends to the Master of Economics program. Students are encouraged to engage in research projects, benefiting from UWA's cutting-edge resources and faculty expertise. This emphasis on research not only deepens their understanding of economic principles but also equips graduates with invaluable research and analytical skills.

Industry Engagement: One of the program's standout features is its strong engagement with industry and government bodies. UWA maintains extensive connections with local and international organizations, facilitating opportunities for internships, industry projects, and networking. This real-world exposure bridges the gap between academic knowledge and practical application, making graduates highly employable.

Global Perspective: In today's interconnected world, a global perspective is essential for success in economics. UWA recognizes this and fosters a diverse and inclusive environment. The program attracts students from diverse cultural backgrounds, creating an atmosphere of global awareness and cross-cultural competence. Additionally, UWA's global partnerships and exchange programs enable students to gain international exposure, an asset in a globalized job market.

Pollster Education

Location

Crawley campus - Perth

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

AUD 43600

Postgraduate Entry Requirements:

Academic Qualifications: To be eligible for postgraduate programs, international students should hold a bachelor's degree or equivalent qualification from a recognized institution. Transcripts or certificates demonstrating previous academic achievements are typically required.

English Language Proficiency:

  • IELTS: Overall 6.5 to 7.0, with a minimum of 6.0 in each band.
  • TOEFL: Overall 82, with a minimum of 18 in each section.
  • PTE: Overall 64, with a minimum of 54 in each communicative skill.

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 Western Australia (UWA) offers a range of scholarships to assist students with the cost of their education. These scholarships are available for both domestic and international students and cover a variety of disciplines.

  1. UWA International Achievement Scholarship: This scholarship is awarded to high-achieving international students who are enrolled in an undergraduate or postgraduate course at UWA. The scholarship covers 50% of the tuition fee for up to one year.
  2. UWA Global Excellence Scholarship: This scholarship is awarded to high-achieving international students who are enrolled in an undergraduate or postgraduate course at UWA. The scholarship covers up to AUD 45,000 over three years.
  3. UWA Fogarty Foundation Scholarship: This scholarship is awarded to Western Australian students who have demonstrated academic excellence and leadership potential. The scholarship covers the full cost of tuition fees, accommodation, and an allowance for living expenses.
  4. UWA Research Training Program Scholarship: This scholarship is awarded to domestic and international students who are enrolled in a research degree at UWA. The scholarship covers tuition fees and provides a stipend to assist with living expenses.
  5. UWA Indigenous Scholarship: This scholarship is awarded to Indigenous Australian students who are enrolled in an undergraduate or postgraduate course at UWA. The scholarship covers the full cost of tuition fees and provides an allowance for living expenses.
  6. UWA Sports Scholarship: This scholarship is awarded to students who demonstrate outstanding sporting ability and potential. The scholarship covers the full cost of tuition fees and provides an allowance for living expenses.
  7. UWA Music Scholarships: These scholarships are awarded to students who demonstrate outstanding musical ability and potential. The scholarships cover the full cost of tuition fees and provide an allowance for living expenses.

The Master of Economics program at UWA paves the way for a plethora of promising career prospects. Graduates of this program possess a strong foundation in economics, research capabilities, and a global perspective, rendering them valuable assets in a variety of sectors. 

  1. Economist: Graduates can pursue roles as economists, working for government agencies, research institutions, or corporations. They analyze economic data, forecast trends, and provide insights to inform policy decisions and business strategies.

  2. Financial Analyst: With their quantitative and analytical skills, graduates can excel in roles as financial analysts, assessing investment opportunities, managing portfolios, and providing financial advice to organizations and individuals.

  3. Policy Analyst: Many graduates find fulfilling careers as policy analysts, evaluating the economic impact of policies and advocating for evidence-based decision-making in government and non-profit organizations.

  4. Data Analyst: Given their proficiency in data analysis, graduates are well-suited for roles as data analysts, where they can extract insights from data sets to drive informed decision-making.

  5. Consultant: Graduates can work as economic or financial consultants, helping organizations solve complex problems, optimize processes, and make informed strategic decisions.

  6. Academia and Research: For those inclined toward academia, pursuing doctoral studies and securing faculty positions or research roles at academic institutions is a viable and intellectually rewarding path.

  7. International Organizations: The program's global perspective prepares graduates for careers in international organizations such as the United Nations, World Bank, or International Monetary Fund, where their expertise in global economics is highly valued.


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