Bachelor of Business (Economics)

Melbourne, Bendigo, Sydney

 

INTAKE: Mar & Jul

Program Overview

La Trobe University’s Bachelor of Business (Economics) program provides students with a comprehensive understanding of economic theory, principles, and applications within the context of business management and decision-making. This program equips students with analytical skills, critical thinking abilities, and quantitative methods necessary to analyze economic phenomena, evaluate policy implications, and contribute to strategic decision-making in various industries. Students explore topics such as microeconomics, macroeconomics, econometrics, economic policy, and international trade, gaining insights into the functioning of markets, government interventions, and global economic trends.

Curriculum: The curriculum of the Bachelor of Business (Economics) program at La Trobe University is designed to cover a broad range of economic concepts and methodologies while also incorporating practical applications relevant to business contexts. Core subjects include principles of microeconomics and macroeconomics, economic statistics, econometrics, economic policy analysis, and international economics. Students have the opportunity to delve deeper into specialized areas such as labor economics, environmental economics, development economics, and monetary economics. The curriculum emphasizes both theoretical understanding and practical skills development through case studies, research projects, and real-world applications.

Research Focus: La Trobe University encourages research and inquiry within the Bachelor of Business (Economics) program, enabling students to explore economic theories, conduct empirical analyses, and contribute to the advancement of knowledge in the field. Students have the opportunity to engage in research projects under the guidance of faculty mentors, investigating topics such as economic forecasting, market dynamics, policy evaluation, and economic development. The university’s research centers and institutes provide resources and opportunities for students to participate in cutting-edge research initiatives and collaborate with industry partners.

Industry Engagement: Industry engagement is a key component of the Bachelor of Business (Economics) program at La Trobe University. The university maintains strong relationships with industry partners, including government agencies, financial institutions, consulting firms, and multinational corporations. These partnerships provide students with opportunities for internships, industry placements, and guest lectures, allowing them to gain practical experience, apply theoretical knowledge, and build professional networks. Industry engagement initiatives ensure that graduates are well-prepared for careers in sectors such as banking, finance, policy analysis, consulting, and international trade.

Global Perspective: The Bachelor of Business (Economics) program at La Trobe University incorporates a global perspective, recognizing the interconnectedness of economies and the importance of understanding global economic trends and issues. Students explore topics such as international trade, globalization, economic development, and cross-border investment, gaining insights into the dynamics of the global economy. The curriculum includes case studies, discussions, and research projects that examine economic phenomena from a global perspective, preparing students for careers in multinational corporations, international organizations, and global markets. Opportunities for international study exchanges and collaborations further enhance students' global awareness and intercultural competence.

Pollster Education

Location

Melbourne, Bendigo, Sydney

Pollster Education

Score

IELTS 6

Pollster Education

Tuition Fee

AUD 36800

Undergraduate Entry Requirements

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% or above in their previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall band score of 6.0 or 6.5 with a minimum of 5.5 in each component.
  • TOEFL: Overall score of 79 with a minimum of 19 in each section.
  • PTE (Pearson Test of English): Overall score of 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.

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.

La Trobe University is dedicated to fostering global talent and ensuring that international students have access to financial support through a range of scholarships.

Excellence Scholarships: La Trobe University offers Excellence Scholarships to high-achieving international students. These scholarships are awarded based on academic merit and can significantly offset tuition costs, making world-class education more accessible.

Regional Scholarships: Recognizing the importance of diversity, the university provides Regional Scholarships to international students from specific regions. These scholarships aim to promote cultural exchange and global perspectives.

Destination Australia Scholarships: La Trobe University participates in the Destination Australia Program, which provides financial assistance to international students choosing to study in regional Australia. This initiative not only eases the financial burden but also promotes education in vibrant regional communities.

Sports Scholarships: For talented athletes, the Sports Scholarships at La Trobe University offer an opportunity to pursue both academic and athletic excellence. These scholarships support athletes in achieving their sporting goals while earning a degree.

Research Scholarships: International students pursuing research degrees at La Trobe University can apply for Research Scholarships. These scholarships provide financial support for postgraduate research students, enabling them to contribute to cutting-edge research in various fields.

Indigenous Scholarships: La Trobe University is fostering Indigenous talent from around the world. Indigenous Scholarships are available to support Indigenous international students in their pursuit of higher education.

Alumni Scholarships: International students with a family member who is an alumnus of La Trobe University may be eligible for Alumni Scholarships, providing a special opportunity to follow in their family's educational footsteps.

Study Abroad Scholarships: International students looking to participate in a study abroad program at La Trobe University can explore Study Abroad Scholarships. These awards make global education experiences more accessible.

Exchange Scholarships: La Trobe University encourages international exchange students to explore Exchange Scholarships. These scholarships facilitate academic and cultural exchanges, enhancing the global perspectives of students.

Graduates of La Trobe University’s Bachelor of Business (Economics) program possess a strong foundation in economic theory, analytical skills, and practical knowledge, positioning them for a wide range of rewarding career opportunities across various sectors.

Economist: Graduates can pursue careers as economists, working for government agencies, research institutions, or private sector organizations. Economists analyze economic data, conduct research, and provide forecasts and policy recommendations on a wide range of economic issues, such as inflation, unemployment, fiscal policy, and international trade.

Policy Analyst: Policy analysts assess the economic impact of government policies and regulations on businesses, industries, and society. They work for government agencies, think tanks, advocacy groups, or consulting firms, providing insights and recommendations to policymakers on issues such as taxation, healthcare, education, and environmental sustainability.

Financial Analyst: Graduates can work as financial analysts, analyzing economic trends, market conditions, and investment opportunities for financial institutions, investment firms, or corporations. Financial analysts evaluate the performance of stocks, bonds, and other financial instruments, and provide recommendations for investment strategies and portfolio management.

Data Analyst/Quantitative Analyst: With their strong analytical and quantitative skills, graduates can pursue careers as data analysts or quantitative analysts in various industries, including finance, marketing, and consulting. They analyze large datasets, develop predictive models, and provide data-driven insights to support business decision-making and strategy development.

Business Consultant: Business consultants help organizations improve their performance, efficiency, and profitability by providing expert advice on economic and business matters. They work for consulting firms or as independent consultants, advising clients on issues such as market analysis, competitive strategy, cost optimization, and risk management.

Market Research Analyst: Market research analysts collect and analyze data on consumer behavior, market trends, and competitive landscapes to help businesses make informed decisions about product development, marketing strategies, and market expansion. Graduates can work for market research firms, advertising agencies, or in-house marketing teams.

Financial Planner/Advisor: Graduates can pursue careers as financial planners or advisors, helping individuals and businesses manage their finances, investments, and retirement planning. They assess clients’ financial goals, risk tolerance, and investment preferences, and develop customized financial plans and strategies to help them achieve their objectives.

International Trade Specialist: With their understanding of international economics and trade policies, graduates can work as international trade specialists, facilitating cross-border trade and investment for businesses, government agencies, or international organizations. They analyze trade patterns, negotiate trade agreements, and provide insights on market access and export opportunities.

Risk Analyst/Manager: Risk analysts assess and manage financial and operational risks for businesses, banks, insurance companies, or investment firms. They identify potential risks, evaluate their impact, and develop strategies to mitigate or hedge against them. Graduates with expertise in economic analysis can specialize in areas such as credit risk, market risk, or operational risk.

Entrepreneur/Startup Founder: Graduates with an entrepreneurial mindset can start their own businesses or ventures, leveraging their economic knowledge to identify market opportunities, assess risks, and develop innovative solutions. They can launch startups in various industries, such as fintech, healthcare, education, or sustainability, and drive economic growth and innovation.


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