Master of Economics

Kensington - Sydney

INTAKE: Feb & Sept

Program Overview

The Master of Economics program at UNSW is designed to equip students with a deep understanding of economic theory and its practical applications. This program is suitable for both aspiring economists and professionals looking to enhance their analytical and decision-making skills.

Curriculum: UNSW's Master of Economics program offers a comprehensive curriculum that covers key economic concepts and advanced topics. Students can expect to study subjects such as microeconomics, macroeconomics, econometrics, and economic policy analysis. The program is structured to provide a strong foundation in economic theory while allowing for specialization in areas of interest.

Research Focus: One of UNSW's distinguishing features is its strong emphasis on research. The Master of Economics program encourages students to engage in independent research projects and work closely with faculty members who are leading experts in various fields of economics. This research-focused approach helps students develop critical thinking and problem-solving skills, which are highly valued in both academia and the job market.

Industry Engagement: UNSW maintains strong connections with industry and government organizations, creating numerous opportunities for students to engage in real-world economic research and gain practical experience. The university's location in Sydney, Australia's economic hub, further enhances these opportunities. Students can undertake internships, participate in industry seminars, and collaborate on research projects with industry partners, all of which contribute to a well-rounded education and better career prospects.

Global Perspective: In an increasingly interconnected world, a global perspective is crucial. UNSW recognizes this and promotes internationalization through various means. The university has partnerships with institutions worldwide, allowing students to participate in exchange programs and gain exposure to diverse cultural and economic environments. This global perspective not only enriches the educational experience but also enhances graduates' competitiveness in the global job market.

Location

Kensington - Sydney

Score

IELTS 7

Tuition Fee

AUD 48240

Postgraduate Entry Requirements:

Academic Qualifications: A minimum of 65% or above in the applicant's previous academic qualifications, such as a bachelor's degree or equivalent.

English Language Proficiency:

IELTS (International English Language Testing System): Overall score of 6.5, with a minimum of 6.0 in each subtest, or equivalent.
TOEFL (Test of English as a Foreign Language): Overall score of 94, with a minimum of 23 in listening, 23 in reading, 25 in writing, and 23 in speaking.
PTE (Pearson Test of English): Overall score of 65, with a minimum of 54 in each subtest.

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.

UNSW offers a variety of scholarships to attract and assist international students.

Merit-Based Scholarships: UNSW offers merit-based scholarships to international students with exceptional academic achievements. These scholarships recognize academic excellence and provide financial support to cover tuition fees or living expenses.

Country-Specific Scholarships: Some scholarships are tailored for students from specific countries or regions. These scholarships aim to promote diversity and cultural exchange among international students.

Research Scholarships: UNSW provides research scholarships for international students pursuing postgraduate research degrees (e.g., Ph.D.). These scholarships often include a stipend to support research expenses and living costs.

Faculty/Program Scholarships: Certain faculties or academic programs at UNSW offer scholarships to attract outstanding international students interested in specific fields of study. These scholarships may cover tuition fees or provide research opportunities.

Sports and Arts Scholarships: UNSW acknowledges the talents and achievements of international students in sports and the arts. Scholarships in these categories may be available to support students with exceptional abilities.

The Master of Economics program at the University of New South Wales (UNSW) in Sydney provides graduates with excellent career prospects in a variety of fields. With its strong emphasis on economic theory, quantitative analysis, and policy evaluation, the program equips students with the necessary skills and knowledge to excel in the job market.

Economic Analyst: Graduates can pursue careers as economic analysts in government agencies, think tanks, research institutions, and consulting firms. They use their expertise in economic modeling, data analysis, and policy evaluation to provide insights into economic trends, forecast future developments, and inform decision-making processes.
Policy Advisor: Many graduates find rewarding careers as policy advisors, working with government departments, non-profit organizations, and international institutions. They contribute to the development, implementation, and evaluation of economic policies that address key social and economic challenges. Their expertise in economic analysis and research enables them to provide evidence-based recommendations to policymakers.
Financial Analyst: Graduates with a Master of Economics degree can pursue roles as financial analysts in banking, investment firms, and financial institutions. They analyze economic indicators, market trends, and financial data to make informed investment decisions, assess risk, and develop financial strategies.
Research Economist: The program prepares students for careers as research economists in academic institutions and research organizations. Graduates can engage in economic research, conduct studies, publish papers, and contribute to the advancement of economic knowledge. They may specialize in specific areas such as labor economics, environmental economics, or development economics.
Economic Consultant: Graduates can work as economic consultants, providing specialized economic advice to businesses, government agencies, and international organizations. They assist clients in understanding economic trends, market conditions, and regulatory environments. Economic consultants often engage in projects related to market analysis, cost-benefit analysis, and economic impact assessment.
Data Analyst: With their strong quantitative and analytical skills, graduates can pursue careers as data analysts in various industries. They collect, analyze, and interpret large datasets to derive insights and inform strategic decision-making. Data analysts play a crucial role in identifying trends, patterns, and correlations that help organizations optimize their operations and improve performance.
International Economist: Graduates interested in global economics can pursue careers in international organizations, such as the World Bank, International Monetary Fund (IMF), or United Nations agencies. They contribute to economic research, policy formulation, and capacity building initiatives aimed at promoting economic growth, poverty reduction, and sustainable development worldwide.
Academia: Some graduates choose to pursue further studies and enter academia as research scholars or teaching faculty. They can pursue doctoral programs in economics or related fields, conduct independent research, and contribute to the academic community through teaching and publication of research papers.

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DUR: 24 Months

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