Bachelor of Economics

North Ryde (Sydney)

 

INTAKE: Jul & Feb

Program Overview

The Bachelor of Economics program at Macquarie University offers students a comprehensive understanding of economic theory, policy analysis, and quantitative methods. It prepares graduates for careers in economics, finance, public policy, and research. The program emphasizes critical thinking, data analysis, and problem-solving skills, equipping students to analyze economic trends, make informed decisions, and contribute to economic development and policy formulation.

Curriculum: Macquarie University's Bachelor of Economics curriculum includes core courses in Microeconomics, Macroeconomics, Econometrics, Economic Policy Analysis, and Applied Economics. Students also choose from a range of elective courses such as International Economics, Development Economics, Behavioral Economics, and Environmental Economics. The program integrates theoretical foundations with practical applications through case studies, research projects, and internships, preparing graduates for diverse career pathways in economics and related fields.

Research Focus: Macquarie University is recognized for its research excellence in economics, with faculty conducting research in areas such as economic modeling, labor economics, financial economics, and behavioral economics. Students in the Bachelor of Economics program have opportunities to engage in research projects, gaining hands-on experience and contributing to advancements in economic theory and policy. The university's research-driven approach ensures that graduates are equipped with analytical skills and insights valued by employers in academia, government, and private sectors.

Industry Engagement: The university maintains strong connections with industry leaders, government agencies, and international organizations, enhancing students' learning experience and career prospects. Through guest lectures, industry seminars, and internship placements, students gain practical insights into real-world economic issues and policy challenges. Macquarie University's partnerships with economic research institutes and financial institutions provide opportunities for students to network with professionals and apply classroom knowledge to practical scenarios.

Global Perspective: Located in Sydney, a global financial and economic hub, Macquarie University offers students in the Bachelor of Economics program a global perspective on economic issues and policies. The curriculum includes discussions on global economic trends, international trade, economic development, and economic integration. The diverse student body and faculty bring international perspectives to classroom discussions, preparing graduates to work in multinational corporations, government agencies, international organizations, and research institutions worldwide.

Pollster Education

Location

North Ryde (Sydney)

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

AUD 43200

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 6.5 or 7.0 with a minimum of 6.0 in each component.
  • TOEFL: Overall score of 100 with a minimum of 23 in each section.
  • PTE (Pearson Test of English): Overall score of 64 with a minimum of 57 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.

Macquarie University is providing opportunities to support students with their educational journey through various scholarship programs. These scholarships are designed to help students achieve their academic goals and alleviate financial stress.

Vice-Chancellor's International Scholarship: This scholarship is offered to international students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers full tuition fees for the course duration and is awarded based on academic merit.

Macquarie University International Scholarship: This scholarship is available to international students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers a portion of the tuition fees, ranging from AUD 5,000 to AUD 10,000 per year, depending on the course and level of study.

Destination Australia Scholarship: This scholarship is offered to domestic and international students who are studying in regional Australia. The scholarship covers a portion of the tuition fees and provides a living allowance of AUD 15,000 per year.

Indigenous Scholarship Program: This scholarship program is designed to support Indigenous Australian students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers full tuition fees and provides additional support such as accommodation and living allowances.

Merit Scholarship: This scholarship is offered to students who have demonstrated outstanding academic performance in their previous studies. The scholarship covers a portion of the tuition fees and is available to both domestic and international students.

Women in Leadership Scholarship: This scholarship is designed to support female students who are pursuing a postgraduate degree in a leadership-related field. The scholarship covers full tuition fees and provides additional support such as mentoring and networking opportunities.

Graduates of the Bachelor of Economics program from Macquarie University possess versatile skills and knowledge that prepare them for a wide range of rewarding careers in economics, finance, public policy, and research. The program equips students with analytical thinking, quantitative analysis, and problem-solving abilities essential for navigating complex economic environments.

Economist: Many graduates pursue careers as economists, working in government agencies, central banks, research institutes, and international organizations. Economists analyze economic data, conduct research on economic trends, and provide forecasts and policy recommendations to inform decision-making. Graduates from Macquarie University's program are equipped with economic modeling skills, econometric techniques, and policy analysis expertise, making them valuable assets in shaping economic policies and strategies.

Financial Analyst: Graduates may choose careers as financial analysts in investment banks, asset management firms, or financial advisory services. They analyze financial data, assess investment opportunities, and provide insights to support investment decisions and portfolio management. The program's curriculum in financial economics, quantitative methods, and financial modeling prepares graduates to excel in roles that require understanding economic factors influencing financial markets and investment outcomes.

Policy Analyst: Some graduates specialize as policy analysts, working in government departments, think tanks, or non-profit organizations. They evaluate public policies, assess their impact on economic outcomes, and propose policy recommendations to address socio-economic issues. Macquarie University's emphasis on economic policy analysis, public finance, and regulatory economics equips graduates to contribute to policy formulation and implementation at local, national, and international levels.

Data Analyst/Researcher: With strong quantitative and analytical skills, graduates can pursue careers as data analysts or researchers in economic research institutes, consulting firms, or corporate sectors. They collect and analyze economic data, conduct statistical analysis, and prepare reports to support business strategies or academic research. The program's focus on econometrics, data interpretation, and research methodology prepares graduates to leverage data-driven insights to solve economic problems and inform strategic decision-making.

Financial Consultant: Graduates may work as financial consultants, advising businesses or individuals on financial planning, risk management, and investment strategies. They provide personalized financial advice, conduct financial assessments, and help clients achieve their financial goals. Macquarie University's program in economics, combined with courses in finance and financial planning, prepares graduates to obtain certifications such as Certified Financial Planner (CFP) and pursue careers in financial advisory firms or private banking institutions.

Market Analyst: Some graduates specialize as market analysts, studying consumer behavior, market trends, and competitive dynamics in specific industries. They provide insights into market opportunities, conduct market research, and develop strategies to optimize market positioning and competitiveness. The program's emphasis on microeconomic theory, market analysis, and strategic management equips graduates to excel in roles that require understanding market dynamics and formulating effective business strategies.

Research Economist: Graduates interested in academic or applied research can pursue careers as research economists in universities, research institutes, or policy think tanks. They conduct independent research, publish findings in academic journals, and contribute to advancing economic theory and knowledge. Macquarie University's research-focused curriculum and opportunities for research projects prepare graduates to pursue advanced studies or embark on research careers that contribute to economic scholarship and policy development.


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