Master of Professional Engineering (Electrical)
The Master of Professional Engineering (Electrical) program at QUT is designed to provi...
Bachelor of Business (Behavioural Economics)
Gardens Point
INTAKE: Jul & Feb
Program Overview
The Bachelor of Business (Behavioural Economics) program at Queensland University of Technology (QUT) is designed to equip students with a deep understanding of human behavior and decision-making processes within economic contexts. This interdisciplinary program combines principles from economics, psychology, and behavioral science to analyze how individuals and groups make economic choices. Students explore topics such as consumer behavior, behavioral finance, experimental economics, and policy analysis through a behavioral lens. The program prepares graduates to apply behavioral insights to business strategy, public policy, marketing, and organizational behavior.
Curriculum: The curriculum of the Bachelor of Business (Behavioural Economics) program at QUT integrates core courses in economics, psychology, and business management with specialized subjects in behavioral economics. Key courses include principles of microeconomics and macroeconomics, behavioral decision theory, econometrics, research methods in behavioral economics, and applied behavioral economics. Students also have opportunities to choose elective courses that align with their career interests, such as behavioral finance, experimental methods in economics, or advanced consumer behavior analysis.
Research Focus: QUT emphasizes research within its Bachelor of Business (Behavioural Economics) program, encouraging students to explore behavioral theories and empirical research methods. Faculty members conduct research in areas such as decision-making under uncertainty, behavioral game theory, neuroeconomics, and the psychology of economic behavior. Students have opportunities to engage in research projects, participate in experiments, and contribute to advancements in behavioral economics through their coursework and Honours research projects.
Industry Engagement: The Bachelor of Business (Behavioural Economics) program at QUT fosters strong industry connections through partnerships with businesses, government agencies, and nonprofit organizations. Students benefit from guest lectures by industry professionals, internships, and industry-sponsored projects that provide practical experience and insights into applying behavioral economics principles in real-world settings. These industry engagements ensure that graduates are well-prepared to address behavioral challenges in business strategy, marketing campaigns, policy development, and organizational behavior.
Global Perspective: QUT's Bachelor of Business (Behavioural Economics) program offers students a global perspective through international study opportunities, exchange programs, and collaborative research initiatives with universities worldwide. Students have the opportunity to study abroad, participate in international conferences, and collaborate on cross-cultural research projects that examine behavioral economics phenomena in different socio-economic contexts. This global exposure enhances students' understanding of global economic trends, cultural influences on decision-making, and the application of behavioral insights in diverse organizational and policy settings.
Location
Gardens Point
Score
IELTS 6.5
Tuition Fee
AUD 33700
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 6.0 in each component.
- TOEFL: Overall score of 79 with a minimum of 21 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.
Queensland University of Technology (QUT) is fostering a diverse and inclusive learning environment, and one of the ways it achieves this is by offering a range of scholarships to international students. These scholarships are designed to recognize academic excellence, support financial needs, and encourage students to pursue their educational goals at QUT.
QUT Excellence Scholarship: This prestigious scholarship is awarded to high-achieving international students who demonstrate outstanding academic performance. It provides financial support for tuition fees and offers a unique opportunity to be part of the QUT College of Excellence.
QUT International Merit Scholarship: This scholarship is available to international students who excel academically. It offers a partial tuition fee waiver to help reduce the cost of studying at QUT, making it a more affordable option for deserving students.
Government Scholarships: QUT collaborates with various governments and organizations to provide additional scholarship opportunities to international students. These scholarships may cover a wide range of disciplines and levels of study, making them accessible to a diverse group of students.
External Scholarships: QUT encourages international students to explore external scholarship opportunities that may be available through government agencies, private organizations, and foundations. The university provides guidance and support in identifying and applying for these scholarships.
Graduates of the Bachelor of Business (Behavioural Economics) program from Queensland University of Technology (QUT) are equipped with a unique blend of skills in economics, psychology, and behavioral science, making them well-suited for various career paths that integrate these disciplines.
Behavioral Economist: Behavioral economists analyze how psychological factors influence economic decisions and behaviors. They apply behavioral theories to understand consumer behavior, financial markets, and organizational decision-making. Behavioral economists work in research institutions, government agencies, consulting firms, and financial institutions.
Market Research Analyst: Market research analysts study market conditions, consumer preferences, and competitor strategies to provide insights to businesses and organizations. They use behavioral economics principles to design surveys, analyze data, and make recommendations for product development, pricing strategies, and marketing campaigns.
Policy Analyst / Researcher: Policy analysts and researchers apply behavioral economics principles to evaluate public policies, regulations, and interventions. They assess the impact of policies on behavior change, social welfare, and economic outcomes. Policy analysts work in government agencies, non-governmental organizations (NGOs), and research institutes.
Consumer Insights Specialist: Consumer insights specialists use behavioral economics theories to understand consumer behavior, preferences, and decision-making processes. They conduct market research, analyze consumer data, and develop strategies to improve customer engagement, loyalty, and satisfaction for businesses and brands.
Behavioral Consultant: Behavioral consultants advise organizations on applying behavioral insights to improve employee productivity, organizational culture, and decision-making processes. They design behavioral interventions, conduct workshops, and provide training to help organizations achieve their goals and objectives.
Financial Advisor / Planner: Financial advisors and planners use behavioral economics principles to help clients make informed financial decisions, manage investments, and achieve financial goals. They assess risk tolerance, analyze behavioral biases, and develop personalized financial strategies to optimize clients' financial well-being.
Human Resources Specialist: Human resources specialists apply behavioral economics principles to enhance employee motivation, engagement, and performance. They design incentive programs, conduct behavioral assessments, and implement strategies to create a positive work environment and improve organizational outcomes.
Data Analyst / Quantitative Analyst: Data analysts and quantitative analysts use statistical methods and data analysis techniques to derive insights from large datasets. In behavioral economics, they analyze behavioral data, conduct experiments, and develop predictive models to understand and predict human behavior in economic contexts.
