Bachelor of Business (Economics)

Hobart(Tasmania)

 

INTAKE: Jul & Feb

Program Overview

The University of Tasmania (UTAS) offers a dynamic and comprehensive Bachelor of Business (Economics) program aimed at equipping students with the skills and knowledge required to excel in the field of economics. This program is designed to provide students with a solid foundation in economic theory, quantitative analysis, and practical applications, preparing them for diverse career opportunities in both the public and private sectors.

Curriculum: The Bachelor of Business (Economics) program at UTAS comprises a well-rounded curriculum that combines core economic principles with specialized coursework tailored to the evolving needs of the global economy. Students delve into topics such as microeconomics, macroeconomics, econometrics, financial economics, and international trade, gaining a comprehensive understanding of economic theory and its real-world applications. The curriculum also emphasizes critical thinking, problem-solving, and analytical skills, enabling students to effectively analyze economic trends, interpret data, and make informed decisions.

Research Focus: UTAS is committed to fostering a culture of research excellence, and students in the Bachelor of Business (Economics) program have the opportunity to engage in cutting-edge research alongside leading scholars in the field. Whether exploring the dynamics of market behavior, investigating policy implications, or conducting empirical analysis, students are encouraged to pursue their research interests and contribute to the advancement of economic knowledge. Through research projects, internships, and experiential learning opportunities, students develop valuable research skills and insights that enhance their academic and professional growth.

Industry Engagement: The University of Tasmania maintains strong ties with industry partners, providing students with valuable opportunities to engage with professionals and gain real-world experience. Through industry placements, guest lectures, and networking events, students in the Bachelor of Business (Economics) program have the chance to interact with leaders and practitioners in various sectors, gaining insights into industry trends, challenges, and best practices. This industry engagement enhances students' understanding of economic concepts and their applicability in different organizational contexts, preparing them for successful careers upon graduation.

Global Perspective: In an increasingly interconnected world, UTAS recognizes the importance of fostering a global perspective among its students. The Bachelor of Business (Economics) program offers a range of opportunities for students to broaden their horizons and gain international experience. From study abroad programs and international exchange opportunities to multicultural classroom environments and global research collaborations, students have access to diverse perspectives and cultural insights that enrich their educational experience. This global perspective not only enhances students' understanding of economic issues on a global scale but also equips them with the intercultural competencies and adaptability required to thrive in today's globalized economy.

Pollster Education

Location

Hobart(Tasmania)

Pollster Education

Score

IELTS 6

Pollster Education

Tuition Fee

AUD 30950

Undergraduate Entry Requirements

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 65% 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 88 with a minimum of 16 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.

The University of Tasmania is dedicated to making quality education accessible to international students from around the world. They offer a range of scholarships that can significantly ease the financial burden of pursuing a degree in Australia.

Tasmania International Scholarships (TIS): These scholarships are designed to attract high-achieving international students. They cover a portion of tuition fees for undergraduate and postgraduate courses, making the university's programs even more affordable.

UTAS Accommodation Bursary: To ensure that international students have access to quality accommodation, the university offers the UTAS Accommodation Bursary, which provides financial support for students living on campus.

Australia Awards Scholarships: These prestigious scholarships are funded by the Australian government and are available to outstanding international students. Recipients gain access to world-class education and research opportunities at the University of Tasmania.

Endeavour Scholarships and Fellowships: International students can apply for the Australian government's Endeavour Scholarships and Fellowships program, which offers financial support for study, research, or professional development at the University of Tasmania.

Specific Country Scholarships: The University of Tasmania provides scholarships targeted at students from specific countries, promoting diversity and cultural exchange among the student body.

Research Scholarships: For those pursuing research-based programs, the university offers a range of scholarships to support graduate research students in their academic and research endeavors.

Sports Scholarships: Talented athletes looking to combine their passion for sports with higher education can apply for sports scholarships, which provide support for both their academic and athletic pursuits.

Foundation Studies Scholarships: International students who need to complete a foundation studies program before commencing their degree can apply for scholarships to assist with this preparatory phase.

The University of Tasmania (UTAS) offers a Bachelor of Business (Economics) program that opens up a wide array of rewarding career opportunities for graduates. 

Economist: Graduates with a Bachelor of Business (Economics) from UTAS are well-equipped to pursue roles as economists in various sectors. Economists analyze economic data, trends, and policies to provide insights into issues such as inflation, unemployment, and economic growth. They work for government agencies, financial institutions, consulting firms, and multinational corporations, helping to inform decision-making and develop strategies to address economic challenges.

Financial Analyst: Financial analysts play a crucial role in analyzing financial data, evaluating investment opportunities, and providing recommendations to individuals and organizations. With a strong foundation in economics and finance, graduates of UTAS's Bachelor of Business (Economics) program are well-positioned to excel in roles such as financial analyst, investment analyst, or risk analyst. They may work for banks, investment firms, insurance companies, or corporate finance departments.

Policy Analyst: Policy analysts assess the potential impacts of government policies on various economic factors, such as employment, income distribution, and market efficiency. Graduates of UTAS's economics program can pursue careers as policy analysts in government agencies, research institutes, non-profit organizations, and advocacy groups. They contribute to the development, implementation, and evaluation of economic policies aimed at promoting social welfare and economic prosperity.

Data Analyst/Statistician: In today's data-driven world, there is a growing demand for professionals who can analyze large datasets, extract meaningful insights, and make data-driven decisions. Graduates of UTAS's Bachelor of Business (Economics) program possess strong quantitative skills and analytical abilities, making them well-suited for roles as data analysts, statisticians, or research analysts. They may work in various industries, including finance, healthcare, marketing, and government, using data to inform strategic decision-making and solve complex problems.

Management Consultant: Management consultants help organizations improve their performance, efficiency, and profitability by identifying opportunities for growth, streamlining operations, and implementing strategic initiatives. With their interdisciplinary background in economics, business, and analytical skills, graduates of UTAS's economics program can pursue careers as management consultants in consulting firms, advisory firms, or corporate strategy departments. They provide expert advice and solutions to help businesses navigate economic challenges and achieve their goals.

Entrepreneur/Startup Founder: Some graduates may choose to leverage their economics degree to pursue entrepreneurial ventures or start their own businesses. The analytical skills, critical thinking abilities, and understanding of market dynamics gained through UTAS's Bachelor of Business (Economics) program can be invaluable assets for aspiring entrepreneurs. Whether launching a tech startup, social enterprise, or consulting firm, graduates have the opportunity to apply their knowledge and skills to create innovative solutions and drive economic growth.


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