Master of Accounting
Macquarie University, located in Sydney, Australia, is renowned for its excellence in e...
Bachelor of Commerce with a Major in Economics
North Ryde (Sydney)
INTAKE: Jul & Feb
Program Overview
Macquarie University’s Bachelor of Commerce with a Major in Economics offers students a comprehensive understanding of economic principles, theories, and practices. This program equips students with analytical and quantitative skills essential for understanding and addressing complex economic issues. Students learn to apply economic theory to real-world situations, preparing them for careers in various sectors including finance, government, consulting, and international organizations.
Curriculum: The curriculum of the Bachelor of Commerce with a Major in Economics at Macquarie University covers a wide range of topics, providing a solid foundation in both commerce and economics. Core subjects typically include microeconomics, macroeconomics, econometrics, and economic policy. Students also study quantitative methods, financial analysis, and business statistics. The curriculum is designed to develop critical thinking, problem-solving, and data analysis skills. Elective courses allow students to specialize in areas such as international economics, environmental economics, development economics, and behavioral economics.
Research Focus: Macquarie University emphasizes research within its Bachelor of Commerce with a Major in Economics program. Students are encouraged to engage in research projects that explore contemporary economic issues and contribute to the field. Research areas may include economic policy analysis, labor economics, financial markets, and international trade. Students have opportunities to work with faculty on research projects, participate in research seminars, and present their findings at conferences. The program fosters a research-oriented mindset, preparing students for advanced studies or research-based careers.
Industry Engagement: Macquarie University’s Bachelor of Commerce with a Major in Economics program maintains strong connections with the industry, offering students practical experience and networking opportunities. The program includes internships, industry projects, and guest lectures from industry professionals. These engagements provide insights into the application of economic theories in business and policy-making environments. Students gain practical experience through work placements with financial institutions, government agencies, consulting firms, and non-profit organizations, enhancing their employability and industry readiness.
Global Perspective: The Bachelor of Commerce with a Major in Economics program at Macquarie University incorporates a global perspective, preparing students to understand and analyze economic issues in an international context. Courses cover global economic trends, international trade, and global financial markets. The university encourages students to participate in exchange programs, study abroad opportunities, and international internships. This global exposure helps students develop a broader understanding of economic systems worldwide and equips them with the skills needed to work in a globalized economy.
Location
North Ryde (Sydney)
Score
IELTS 6.5
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 Macquarie University's Bachelor of Commerce with a Major in Economics are equipped with a strong analytical foundation and a comprehensive understanding of economic principles. This prepares them for a variety of career paths in different sectors.
Economist: Economists analyze data, conduct research, and develop theories to understand economic trends and inform policy decisions. They work in government agencies, research institutes, think tanks, international organizations, and private corporations. Economists often specialize in areas such as labor economics, environmental economics, health economics, or financial economics.
Financial Analyst: Financial analysts evaluate financial data, market trends, and economic conditions to provide investment recommendations. They work in banks, investment firms, insurance companies, and corporate finance departments. Financial analysts use their economic expertise to analyze financial statements, assess investment opportunities, and advise clients or management on financial decisions.
Policy Analyst: Policy analysts research and evaluate the impact of public policies and regulations on economic and social outcomes. They work in government agencies, non-profit organizations, and research institutions. Policy analysts use economic models and data analysis to provide insights and recommendations on issues such as healthcare, education, taxation, and environmental policy.
Economic Consultant: Economic consultants provide expert analysis and advice to businesses, government agencies, and legal firms. They help clients understand economic issues, assess market conditions, and develop strategies. Economic consultants may work on projects related to antitrust cases, regulatory compliance, market research, and economic impact studies.
Data Analyst: Data analysts use statistical techniques and software to interpret complex data sets and provide actionable insights. They work in various industries, including finance, healthcare, retail, and technology. Data analysts use their economic knowledge to identify trends, forecast economic scenarios, and support decision-making processes.
Market Research Analyst: Market research analysts study market conditions to determine potential sales of products or services. They analyze consumer behavior, industry trends, and economic indicators to help companies understand their market and make informed business decisions. Market research analysts work in marketing firms, corporations, and government agencies.
Actuary: Actuaries analyze financial risks using mathematics, statistics, and economic theory. They work primarily in the insurance industry, helping companies design insurance policies, pension plans, and investment strategies. Actuaries assess the likelihood of events such as natural disasters, accidents, and illness to minimize financial risks.
Banking Professional: Graduates can pursue various roles in the banking sector, including commercial banking, investment banking, and risk management. They may work as loan officers, credit analysts, investment bankers, or risk analysts, using their economic expertise to assess financial stability and make strategic decisions.
International Trade Specialist: International trade specialists analyze global trade policies, market access, and international economic trends. They work for government agencies, international organizations, and multinational corporations. Their role involves promoting international trade, developing trade policies, and advising on trade agreements.
Business Development Manager: Business development managers identify and pursue new business opportunities, partnerships, and markets. They work in various industries, including technology, finance, healthcare, and manufacturing. Business development managers use their economic knowledge to assess market potential, develop growth strategies, and drive business expansion.
