Master of Economics

Clayton

 

INTAKE: Jul & Feb

Program Overview

The Master of Economics program at Monash University is a highly regarded academic pursuit designed to provide students with advanced knowledge and skills in the field of economics. This program is celebrated for its comprehensive and innovative approach, focusing on economic theory, policy analysis, and quantitative methods, ensuring graduates are well-prepared to excel in the dynamic world of economics.

Curriculum: The curriculum of the Master of Economics program is meticulously structured to provide students with a strong foundation in economic theory and practical applications. It encompasses advanced courses in microeconomics, macroeconomics, econometrics, and quantitative methods. The curriculum emphasizes critical thinking and problem-solving, delivering a holistic and relevant educational experience.

Research Focus: Monash University is renowned for its contributions to economics research, and this program places a strong emphasis on research. Students are encouraged to engage in research projects, fostering critical thinking, data analysis, and policy evaluation skills. The research focus not only prepares graduates for careers in research but also empowers them to contribute to advancements in economic theory and policy.

Industry Engagement: The program prioritizes industry engagement, underlining Monash University's strong connections with government agencies, financial institutions, and economic research organizations. Students have opportunities for internships, co-op placements, and networking with industry professionals. These interactions provide not only real-world experience but also enhance graduates' employability and industry insights.

Global Perspective: Monash University, with its global outlook, instills an international perspective into the Master of Economics program. Students from diverse backgrounds converge, enriching the learning experience with cross-cultural insights. This global exposure equips graduates to operate effectively in the worldwide economic landscape.

Pollster Education

Location

Clayton

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

AUD 50000

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. Minimum 65% in your previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall 6.5 or 7.0, depending on the program, with no band less than 6.0.
  • TOEFL: Overall 79, with minimum subsection scores of Listening 12, Reading 13, Writing 21, and Speaking 18.
  • PTE: Overall 58, with a minimum of 50 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.

Monash University offers a range of scholarships to both domestic and international students to help cover the cost of tuition fees, living expenses, and other study-related costs. These scholarships are awarded based on academic excellence, financial need, leadership potential, and other criteria.

  1. Monash International Merit Scholarship: This scholarship is offered to international students who have demonstrated academic excellence in their previous studies. The scholarship provides up to $10,000 per annum for the duration of the student's course.
  2. Monash Graduate Scholarship: This scholarship is available to high-achieving domestic and international students who are undertaking a graduate research degree at Monash University. The scholarship provides a living allowance of $29,500 per annum, as well as a range of other benefits.
  3. Monash Asylum Seekers Scholarship: This scholarship is designed to provide financial assistance to asylum seekers who are undertaking undergraduate or postgraduate study at Monash University. The scholarship covers the cost of tuition fees, as well as a range of other study-related expenses.
  4. Monash Equity Scholarship: This scholarship is offered to students who have experienced financial hardship or other forms of disadvantage that have impacted their ability to succeed academically. The scholarship provides up to $6,000 per annum to assist with living expenses and other costs.
  5. Monash Indigenous Scholarship: This scholarship is available to Indigenous students who are undertaking undergraduate or postgraduate study at Monash University. The scholarship provides a range of benefits, including financial assistance, mentoring, and academic support.

Graduates of the Master of Economics program from Monash University find themselves well-prepared for a multitude of career opportunities in the field of economics and related areas. The program's strong academic foundation, research exposure, and industry associations open doors to diverse career paths.

  1. Economist: Graduates can work as economists in government agencies, research institutions, or financial institutions, analyzing economic data and trends.

  2. Policy Analyst: With a strong understanding of economic principles, students can become policy analysts, contributing to the development and evaluation of economic policies.

  3. Data Analyst: Graduates may choose careers as data analysts, utilizing their quantitative and data analysis skills in various sectors.

  4. Financial Analyst: The program equips students to work as financial analysts, assessing investment opportunities and financial market trends.

  5. Economic Researcher: Graduates can become economic researchers, exploring economic theories and contributing to academic and policy research.

  6. Ph.D. Candidate: Many students pursue Ph.D. programs to further their research careers and academic ambitions.


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