Bachelor of Economics, Bachelor of Science (Advanced Mathematics)(Honours)

Kensington

 

INTAKE: Feb, May & Sep

Program Overview

The Bachelor of Economics, Bachelor of Science (Advanced Mathematics)(Honours) program at the University of New South Wales (UNSW) is designed for students with a strong interest in economics and advanced mathematics. It combines rigorous training in economic theory and quantitative methods with a deep understanding of mathematical principles. This dual-degree program prepares students for a range of careers in economics, finance, data analysis, and research, offering a comprehensive foundation in both disciplines.

Curriculum: The curriculum is structured to provide students with a robust foundation in economics and advanced mathematics. Core courses in economics cover microeconomics, macroeconomics, econometrics, and economic policy analysis. Mathematics components include advanced calculus, linear algebra, probability theory, and statistical methods. Honours-level subjects deepen students' knowledge and research skills, culminating in a substantial research project or thesis. The program emphasizes practical application through case studies, projects, and internships, ensuring graduates are well-equipped for the workforce or further academic pursuits.

Research Focus: UNSW is renowned for its strong emphasis on research excellence. Students in this program benefit from exposure to cutting-edge research initiatives in economics and mathematics. Faculty members are actively engaged in interdisciplinary research projects, exploring areas such as economic modeling, financial economics, game theory, and mathematical optimization. The university's research facilities and partnerships provide ample opportunities for students to participate in research activities, collaborate with industry experts, and contribute to advancements in their fields of study.

Industry Engagement: The university maintains close ties with industry leaders, government agencies, and international organizations, enhancing students' exposure to real-world applications of economic and mathematical principles. Industry engagement initiatives include guest lectures, industry placements, and collaborative research projects. These opportunities enable students to gain practical insights, build professional networks, and enhance their employability upon graduation.

Global Perspective: As a global university, UNSW promotes a multicultural learning environment that prepares students for success in an interconnected world. The Bachelor of Economics, Bachelor of Science (Advanced Mathematics)(Honours) program attracts a diverse cohort of students from around the globe, fostering cross-cultural understanding and collaboration. International exchange programs and study abroad opportunities further enrich students' educational experiences, allowing them to broaden their perspectives and develop global competencies that are highly valued in today's international job market.

Pollster Education

Location

Kensington

Pollster Education

Score

IELTS 7

Pollster Education

Tuition Fee

AUD 53500

Undergraduate Entry Requirements

Application Fee: AUD $150

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 75% or above in their previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall band score of 6.5 or 7.0 with a minimum of 6.0 in each component.
  • TOEFL: Overall score of 94 with a minimum of 23 in each section.
  • PTE (Pearson Test of English): Overall score of 64 with a minimum of 54 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.

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.

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.

Graduates of the Bachelor of Economics, Bachelor of Science (Advanced Mathematics)(Honours) program from UNSW are well-prepared for diverse career paths across various industries, leveraging their strong foundation in economics and advanced mathematics.

Financial Analyst: Graduates can pursue roles as financial analysts, where they apply quantitative methods and economic theories to analyze financial data, assess investment opportunities, and make informed recommendations for financial planning and decision-making.

Economist: With a deep understanding of economic principles and policies, graduates can work as economists in government agencies, research institutes, or private sector organizations. They conduct economic research, analyze trends, and provide insights into economic issues affecting businesses and communities.

Data Scientist/Analyst: The program equips students with strong analytical and statistical skills, making them suitable for roles as data scientists or analysts. They use mathematical models and statistical techniques to extract insights from large datasets, aiding in business strategies and decision-making processes.

Risk Analyst/Actuary: Graduates can pursue careers as risk analysts or actuaries in insurance companies, banks, or financial institutions. They assess financial risks, develop risk management strategies, and use mathematical models to predict outcomes and mitigate potential losses.

Quantitative Analyst (Quant): In the finance industry, graduates can specialize as quantitative analysts (quants), utilizing advanced mathematical models to price securities, develop trading strategies, and manage financial risks in investment banks, hedge funds, or asset management firms.

Policy Analyst/Consultant: With a background in economics and policy analysis, graduates can work as policy analysts or consultants, advising governments, NGOs, or international organizations on economic policies, regulatory frameworks, and socio-economic impacts.

Researcher/Academic: The program prepares students for research-oriented careers in academia, think tanks, or research institutes. Graduates can pursue further studies or careers as research assistants, contributing to academic publications and advancing knowledge in economics and mathematics.

Business Analyst/Consultant: Graduates can apply their analytical skills and economic knowledge in business settings as analysts or consultants. They help organizations improve efficiency, optimize processes, and develop strategic initiatives based on economic analysis and market trends.

International Development Specialist: With a global perspective and understanding of economic principles, graduates can work in international development organizations, focusing on economic development projects, poverty reduction strategies, and sustainable growth initiatives worldwide.

Entrepreneur/Startup Advisor: Some graduates may choose to leverage their skills to launch their own ventures or advise startups. Their strong analytical abilities and economic insights can help in business planning, market analysis, and financial forecasting for new ventures.


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