Master of Applied Economics

Adelaide

 

INTAKE: Jul & Feb

Program Overview

The Master of Applied Economics program at the University of Adelaide is a leading offering designed to equip students with a profound understanding of economic principles and their practical application. This program is tailored to prepare graduates for careers in economics, policymaking, and research.

Curriculum: The curriculum of the Master of Applied Economics program is thoughtfully designed to provide a comprehensive education in economics. It covers a wide range of topics, including microeconomics, macroeconomics, econometrics, public policy, and economic research methods. This comprehensive curriculum ensures that students develop a solid foundation in economic theory and practical analytical skills.

Research Focus: The University of Adelaide is renowned for its strong emphasis on research. The Master of Applied Economics program is no exception, as it encourages students to engage in research projects. This research focus allows students to work closely with faculty members on projects that are relevant to real-world economic issues. The university's research ensures that students are well-versed in the latest economic trends and developments.

Industry Engagement: The program prioritizes industry engagement, providing students with opportunities to interact with professionals and policymakers through internships, seminars, and networking events. This direct interaction with the industry equips students with practical insights and experience, helping bridge the gap between theoretical knowledge and its application in the real world.

Global Perspective: The Master of Applied Economics program at the University of Adelaide fosters a global perspective. With a diverse student body and faculty from various countries, the program prepares students for a career in a globalized world. This international exposure enhances students' cultural awareness and adaptability, essential qualities for success in the field of economics.

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Location

Adelaide

Pollster Education

Score

IELTS 6.5

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Tuition Fee

AUD 47500

POSTGRADUATE ENTRY REQUIREMENTS:

Academic Qualifications: Applicants are generally expected to have a bachelor's degree or its equivalent with a minimum score of 65% or higher. Program-specific requirements may vary, so it's advisable to consult the program's official webpage for any additional prerequisites.

English Language Proficiency: 

  • IELTS: An overall score of 6.5 or 7.0 higher is commonly required, with a minimum score of 6 in each section.
  • TOEFL: A minimum overall score of 79 is often expected, along with specific minimum scores for each section, including listening (13), reading (13), writing (21), and speaking (18).
  • PTE (Pearson Test of English): A minimum overall score of 58, with a minimum of 50 in each communicative skill, is generally the requirement.

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 Adelaide takes great pride in its promoting diversity and attracting the best and brightest minds from around the globe. To facilitate this, the university offers a wide array of scholarships designed to assist international students in their academic endeavors. 

1. Adelaide Scholarships International (ASI): The Adelaide Scholarships International program is a prestigious scheme that provides full tuition fees, an annual living allowance, and health insurance to high-achieving international postgraduate students. These scholarships are merit-based and are highly competitive, supporting the most outstanding scholars.

2. Vice-Chancellor's International Excellence Scholarships: This scholarship program is designed to recognize exceptional academic achievements and leadership potential. It provides a tuition fee waiver of up to 30% for undergraduate and postgraduate coursework students. Recipients of these scholarships become ambassadors for the university's commitment to academic excellence.

3. Adelaide Global Excellence Scholarships: The Adelaide Global Excellence Scholarships target high-performing undergraduate and postgraduate coursework students. They offer a 15% reduction in tuition fees for the duration of the program, making quality education more accessible to international students pursuing excellence.

4. Higher Degree by Research Scholarships: International students seeking to embark on a research journey at the University of Adelaide can apply for Higher Degree by Research (HDR) Scholarships. These scholarships provide financial support, including tuition fee waivers and living allowances, allowing research students to focus on their academic pursuits.

5. Sponsored Scholarships and External Funding: The university actively collaborates with governments, organizations, and industry partners to provide sponsored scholarships and external funding opportunities for international students. These partnerships offer additional avenues for students to secure financial support for their studies.

Graduates of the Master of Applied Economics program at the University of Adelaide are well-positioned to embark on successful careers in various sectors.

  1. Economist: Graduates can work as economists in government agencies, think tanks, or private consulting firms, where they analyze economic trends, develop policies, and provide strategic advice.

  2. Financial Analyst: The program equips students with strong analytical skills, making them ideal candidates for roles as financial analysts who assess investment opportunities, analyze financial data, and provide recommendations.

  3. Data Analyst: With a solid foundation in econometrics, graduates can excel as data analysts, contributing to data-driven decision-making in organizations across sectors.

  4. Policy Advisor: Graduates can work as policy advisors, shaping public policy by using their economic expertise to address societal issues and provide recommendations to government bodies.

  5. International Organizations: Opportunities abound for graduates to work with international organizations such as the United Nations, World Bank, or IMF, contributing to global economic development initiatives.

  6. Business Strategist: Businesses value economists for their ability to forecast market trends, analyze competition, and guide strategic decision-making.

  7. Academic Research: The program prepares students for further academic pursuits, enabling them to become researchers and educators in economics.


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