Master of Accounting
The Master of Accounting program at Monash University offers a compreh...
Bachelor of Economics
Melbourne
INTAKE: Feb, Jul & Nov
Program Overview
Monash University, located in Melbourne, Australia, is renowned for its academic excellence and research-driven approach. The Bachelor of Economics program at Monash is designed to equip students with a solid foundation in economic theory, analytical skills, and practical knowledge applicable across various sectors globally.
Curriculum: The curriculum of the Bachelor of Economics at Monash University is structured to provide students with a comprehensive understanding of economics. Core courses cover microeconomics, macroeconomics, econometrics, and quantitative methods, supplemented by elective courses in areas such as international economics, financial economics, and economic policy. The program emphasizes both theoretical insights and practical applications through case studies, projects, and simulations.
Research Focus: Monash University is committed to research excellence in economics, fostering a vibrant research community where students can engage in cutting-edge research projects. The faculty includes renowned economists who actively contribute to shaping economic policy and addressing global economic challenges. Students have opportunities to participate in research initiatives and collaborate with faculty on various projects, gaining valuable insights and experience.
Industry Engagement: The Bachelor of Economics program at Monash emphasizes industry relevance and engagement. Through partnerships with leading corporations, government agencies, and international organizations, students gain practical exposure and networking opportunities. Internship programs, guest lectures, and industry projects provide students with real-world insights and enhance their employability upon graduation.
Global Perspective: Monash University has a strong international focus, attracting students from diverse cultural backgrounds and offering exchange programs with partner universities worldwide. The Bachelor of Economics program incorporates global perspectives into its curriculum, addressing international economic issues, global trade dynamics, and cross-cultural challenges. Students are encouraged to participate in study abroad programs to broaden their perspectives and develop a global mindset.
Location
Melbourne
Score
IELTS 6.5
Tuition Fee
AUD 49200
Undergraduate Entry Requirements
Application Fee: AUD $100
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 80 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.
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.
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.
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.
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.
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 Monash University's Bachelor of Economics program are well-equipped for a diverse range of careers across various sectors.
Economic Analyst: Graduates can work as economic analysts in government agencies, research institutes, or private companies, analyzing economic data and trends to provide insights for policy-making or strategic decision-making.
Financial Analyst: Many graduates pursue careers as financial analysts, working in banks, investment firms, or corporate finance departments. They analyze financial data, assess investment opportunities, and provide recommendations to clients or management.
Policy Analyst: With a strong foundation in economic theory and policy analysis, graduates can work as policy analysts for government departments, NGOs, or international organizations, evaluating the impact of policies and proposing improvements.
Business Consultant: Graduates may work as business consultants, advising companies on economic factors influencing their operations, market trends, and strategic planning.
Market Research Analyst: Some graduates choose careers as market research analysts, conducting studies on consumer behavior, market trends, and competitive analysis to support marketing strategies and business decisions.
Data Analyst: Given their quantitative and analytical skills, graduates can work as data analysts, interpreting large datasets to derive insights for businesses or organizations.
International Trade Specialist: With knowledge of international economics and trade policies, graduates can work for government trade departments, multinational corporations, or trade associations, facilitating global trade relationships and strategies.
Financial Planner: Graduates interested in personal finance can become financial planners, helping individuals and families manage investments, savings, and retirement planning based on economic principles.
Research Economist: Those inclined towards research can pursue roles as research economists in academic institutions, think tanks, or economic research organizations, contributing to the advancement of economic theory and policy.
Entrepreneurship and Start-ups: Some graduates leverage their economic knowledge to start their own businesses or join start-ups, applying economic principles to innovate and create value in emerging markets.
