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Faculty of Business and Economics Postgraduate Courses in Economics and Econometrics 2014

Economics and Econometrics


Graduate Diploma in Applied Econometrics Master of Applied Econometrics Graduate Diploma in Economic Studies Master of Economics Master of Business Economics Graduate Certificate in Pharmacoeconomics Graduate Diploma in Health Economics and Policy

AUSTRALIA

CHINA

INDIA

ITALY

MALAYSIA

SOUTH AFRICA

www.monash.edu/business-economics

Monash is ranked in the top 1% of world universities


The Times Higher Education, World University Rankings, 2012 2013.

Faculty of Business and Economics > Economics and Econometrics

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A world-class reputation

Monash University has an enviable reputation for teaching and research excellence across business disciplines. This reputation is built on our innovative and progressive approach to course delivery, and the strong links we have forged with commerce and industry both in Australia and overseas making Monash degrees truly international. Monash creates leaders who adapt and thrive in a rapidly changing business world. We are consistently ranked among the leading universities in the world, and our degrees are globally recognised, giving our graduates an extra edge to help them succeed in the international job market.

An internationally-recognised business education

The Faculty of Business and Economics has been awarded international business school accreditation by the Association to Advance Collegiate Schools of Business (AACSB), the Brussels based European Quality Improvement System (EQUIS), and the Association of MBAs. Monash University is the first Group of Eight university to have achieved the esteemed triple crown business school accreditations by AACSB, EQUIS and AMBA. These globally-recognised accreditations place the university in the elite ranks of less than one per cent of business schools worldwide with triple crown accreditation. These accreditations establish the faculty as one of the worlds leading higher education institutions in business education. Further details on our accreditations can be found at: www.monash.edu/business-economics

A degree that will take you places

The Faculty of Business and Economics offers an extensive choice of graduate business programs for students of varying backgrounds and aspirations. Whether you want to get ahead in your career, develop your expertise, or move into research and gain a PhD, Monashs business programs can give you a distinct advantage. Whats more, the range of full-time and part-time options means that its easy to structure your study around your lifestyle.

The rapid pace of change in todays business environment requires constant professional growth. Our business programs are designed to ensure that you are at the leading edge of your chosen field of endeavour.
Professor Colm Kearney Dean, Faculty of Business and Economics

The vision of the Faculty of Business and Economics is to be recognised as one of the worlds leading academies of scholarship in business, economics, and related disciplines, with the standing of our flagship activities verified by the most esteemed international arbiters of quality.

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Postgraduate degrees in Economics and Econometrics

Faculty of Business and Economics > Economics and Econometrics

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Graduate Diploma in Applied Econometrics


The Graduate Diploma in Applied Econometrics is designed for students who want to enhance their quantitative skills to harness a competitive advantage in business, or to pursue further postgraduate studies in business. In this degree you will develop skills and expertise in regression analysis, forecasting, and financial market analysis. You will also learn how to design and implement applied econometric projects, and how to communicate the results to wider audiences. Students who achieve a high standard within the diploma may be eligible to apply for admission to the Master of Applied Econometrics.

Course code CRICOS code Duration Intake Campus Exit points 2014 fee (A$) Credit points Number of units Entry requirements

3816 050635F 1 year full time, 2 years part time* Semester 1 and Semester 2 On campus (Caulfield) Graduate Certificate in Business (24 points) Domestic: $24,700 International: $34,100 48 8 (2 core units, 4 units from a prescribed list, 2 elective units) An Australian bachelor degree or an equivalent qualification, and achieved a preferred Weighted Average Mark (WAM) of 60% or an equivalent GPA as determined by the Faculty. Applicants would normally require a credit or equivalent in an introductory statistics unit at tertiary level. Applicants will be ranked and selected based on their entire academic record.
*Due to unit prerequisites, students with no prior economics or statistics knowledge may need to take more than two semesters to complete this course.

Study in one of the largest econometrics departments in the world

Learn from renowned educators in the field of econometrics

Build your analytical capabilities into a competitive advantage in the market place

Units
> Introductory econometrics Plus one of the following units: > Mathematics for economics and business > Mathematics for business Plus four units from the following list, including at least one of those marked with an asterisk(*): > Actuarial statistics > Applied forecasting for business and economics > Probability and statistical inference for economics and business > Principles of econometrics > Applied econometrics > Bayesian modelling and risk analysis > Time series analysis for business and economics > Financial econometrics > Business modelling > Data analysis in business > Survey data analysis > Business forecasting > Quantitative methods for financial markets* > Quantitative models for business research*

Electives
You must undertake two graduate-level electives to complete this degree. Electives can be chosen from a broad list of subjects offered by the Faculty of Business and Economics or from another faculty within the university. For further information on electives go to: www.monash.edu/study

Pathway to further postgraduate studies in business and finance

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Master of Applied Econometrics


This course is offered as a coursework plus research project degree aiming to provide students with the skills and research experience required for applied econometric projects in economics, business and finance. The program offers a comprehensive curriculum including units in applied econometrics, time series analysis, financial econometrics, microeconometrics and econometric theory. This program will equip you with the knowledge to design and implement applied econometric projects for government and business sectors. You will also develop skills that can be used across the broad range of disciplines including economics, finance, market research and credit risk management. Graduates of this program will also have the necessary quantitative skills to undertake higher degrees by research.

Learn from world leaders in the field of econometrics

Course code CRICOS code Duration Intake Campus Exit points 2014 fee (A$) Credit points Number of units Entry requirements

3822 053188M 1.5 years full time*, 3 years part time Semester 1 and Semester 2 On campus (Caulfield) Graduate Certificate in Business (24 points) Graduate Diploma in Applied Econometrics (48 points) Domestic: $24,700 International: $34,100 72 11 (4 core units, 4 units from a prescribed list, 3 elective units) An Australian bachelor degree or an equivalent, and achieved a preferred and a Weighted Average Mark (WAM) of 65% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants must have achieved a credit or equivalent in an introductory multiple regression unit at a tertiary level Applicants will be ranked and selected based on their entire academic record.
*Due to unit prerequisites, students with no prior economics or statistics knowledge may need to take more than three semesters to complete this course.

Provides a pathway to a PhD

Develop your quantitative skills and analytical capabilities into a competitive advantage in the market place

Core units

Course benefits
> Research topics in econometrics > Special topics in econometrics > Special reading unit 1 > Applied time series econometrics* > Applied financial econometrics > or units from above categories not previously taken. > The degree provides a pathway for students interested in pursuing a PhD. > The course gives you access to some of Australias renowned educators in the field of econometrics. Monash Universitys Department of Econometrics and Business Statistics is recognised for its outstanding strengths in research. > Our academics publish in a wide range of top ranking journals in econometrics, statistics and economics, and have been chief investigators in a high proportion of the Australian Research Council Discovery Grants. > This degree gives you the opportunity to study at a university that has been ranked 1st in the oceanic region for experimental economics.

Study a comprehensive curriculum including units in applied econometrics, time series analysis and forecasting, financial econometrics, microeconometrics and econometric theory

> Applied econometrics > Research project Plus one of the following units: > Mathematics for business > Mathematics for economics and business Plus one of the following units: > Quantitative methods for financial markets > Quantitative methods for business research > Principles of econometrics > Financial econometrics > Time series analysis for business and economics Plus four units from the following list, including the unit marked with an asterisk(*): > Econometric theory > Applied econometrics 2 > Microeconometrics > Financial econometrics 2 > Optimisation for management

Electives
You must undertake three graduate-level electives to complete this degree (subject to course coordinator approval). Units can be selected from a broad list of subjects offered by the Faculty of Business and Economics. Two electives may be taken from other faculties in the university. For more information on electives go to: www.monash.edu/study

Faculty of Business and Economics > Economics and Econometrics

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A Masters in Applied Econometrics is very well regarded in the market. I was offered several jobs in banking even during the biggest downturn in memory. Econometrics is an instant indicator of quantitative skills that are highly valued, and quite rare, giving you more freedom and more options. I chose to study at Monash because of the reputation of the university as a whole, and the Department of Econometrics in particular. The Master of Applied Econometrics opened up many many doors. I certainly wouldnt be living in Singapore and working in my current job without it.

Luke Clinton Russell

Risk Management Associate OCBC Bank, Singapore

Career outcomes
Graduates of this program are well prepared for professional careers in which econometrics is applied to quantitative analysis of many kinds of problems in economics, market research, finance, risk management, international business and many other areas. Econometric skills are in high demand in both private and public sectors. For example, the Australian Bureau of Statistics and the Treasury, in the public sector and financial institutions (bank and insurance companies) and in business consultancy firms in the private sector. Since 2007, there have been at least 16 graduates who continued their studies under PhD programs.

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Graduate Diploma in Economic Studies


The Graduate Diploma in Economic Studies is designed for students who want to pursue postgraduate studies in economics, but who dont have an undergraduate qualification in economics, or have only studied the equivalent of first year economics. The diploma will give you substantial knowledge of economic principles and quantitative methods and an understanding of the issues underlying major economic policy decisions, as well as the implications of those decisions. Students who achieve a high standard within the diploma may be eligible to apply for admission to the Master of Business Economics.

Learn from renowned educators in the field of economics.

Course code CRICOS code Duration Intake Campus Exit points 2014 fee (A$) Credit points Number of units Entry requirements

0172 013388A 1 year full time, 2 years part time# Semester 1 and Semester 2 On campus (Clayton) Graduate Certificate in Business (24 points) Domestic: $24,700 International: $34,100 48 8 (Economics stream: 3 core units, 5 units from a prescribed list Econometrics stream: 2 core units, 6 units from a prescribed list) An Australian bachelor degree or an equivalent qualification and achieved a Weighted Average Mark (WAM) of 55% or an equivalent GPA as determined by the Faculty. It is preferred that applicants have successfully completed year 12 mathematics or equivalent. Applicants will be ranked and selected based on their entire academic record.

Study at a university that is ranked no. 1 in experimental economics

Pathway to further postgraduate studies in economics

Economics stream Core units


> Microeconomics** > Macroeconomics > Business and economic statistics Plus three additional units offered by the Department of Economics, and a further two units subject to the following conditions: > both units must be selected from units taught by the Department of Economics, or the Department of Econometrics and Business Statistics > a maximum of one unit at second-year level.

Econometrics stream Core units


> Microeconomics** > Macroeconomics Plus four units from the following, with at least one being selected from those marked with an asterisk(*): > Introductory econometrics* > Actuarial statistics > Mathematics for economics and business > Applied forecasting for business and economics > Decision models for managers > Market research analysis > Probability and statistical inference for economics and business > Principles of econometrics* > Applied econometrics > Time series analysis for business and economics > Financial econometrics > Risk and business modelling > Survey data analysis > Modelling in finance and insurance Plus a further two units from, either those listed above or from the second and third-year units available in the Bachelor of Economics degree. For more information on units go to: www.monash.edu/study
# Due to unit prerequisites, students with no prior economics or statistics knowledge may need to take more than two semesters to complete this course. ** Due to the sequential nature of Microeconomics and Macroeconomics, student will not be able to take all the core units in the first semester of their course.

Faculty of Business and Economics > Economics and Econometrics

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Build your knowledge in your own way

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Master of Economics
The Master of Economics provides training in advanced economic tools, and will give you experience in undertaking independent research. The degree is designed for early career economists and recent economics graduates, who wish to acquire the skills needed to practice as professional economists conducting original and independent research. This degree also provides a pathway to a PhD.

Learn from renowned educators in the field of economics

Code CRICOS code Duration Intake

4427 077369G 2 years full time Semester 1 On campus (Clayton) Domestic: $24,700 International: $34,100 96 14 (9 core units, 5 units from a prescribed list) An Australian bachelor degree or an equivalent qualification in mathematical or quantitative studies, or with a major in Economics, or the Economics stream in the Graduate Diploma in Economic Studies and a Weighted Average Mark (WAM) of 70% or an equivalent GPA as determined by the Faculty. Applicants will be ranked and selected based on their entire academic record.

Study at a university that is ranked no. 1 in experimental economics

Campus 2014 fee (A$) Credit points Number of units Entry requirements

Develop your analytical skills

Core units
> Microeconomics Plus two of the following units: > Public economics > Information, incentives and games > Any fourth year unit offered by the Department of Economics and not previously completed For more information on units go to: www.monash.edu/study > Macroeconomics > Research paper (12 points) > Microeconomic theory > Macroeconomic theory > Mathematical economic theory > Economics research paper (12 points) > Two econometrics units recommended or approved by the course coordinator Plus three of the following units: > Development economics > International trade policy > Competition, regulation and policy > Post-Keynesian economics > Law and economics > Project evaluation > Public economics > Welfare economics > Economics of industry, institution and organisation > Health economics > Economic evaluation of health services > Quantitative economic policy

Course benefits
> The Master of Economics is a research-led coursework masters program, where you will be expected and encouraged to present research ideas and concepts in a public setting. > The course content is directly informed by and reflects the current and ongoing research of our lecturing staff. > The course gives you access to some of Australias renowned educators in the field of economics. > Our economics department provides top level specialist advice to government and private sector bodies in Australia and internationally. It has developed advisory contacts in the Asia-Pacific region, as well as close connections with prestigious academic and policy formulating institutions in China, Europe and the United States.

Pathway to a PhD in economics

Faculty of Business and Economics > Economics and Econometrics

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The Master of Economics is an effective path to pursue a PhD in Economics. Students are exposed to the latest analytic and quantitative research methodologies in economics. The advanced coursework and research component pairs students with our internationally-leading scholars to undertake original research projects so you will effectively grasp the skills in pursuing a scholarship career, or be qualified for an industry post with research responsibilities.

Associate Professor He-Ling Shi


Course Coordinator Master of Economics

Career outcomes
Graduates from the Master of Economics will have the opportunity to work as professional economists, conducting rigorous and independent economic analysis for the public sector, mainly in government departments and allied agencies, as well as NGOs. Our graduates also work in consulting firms, research departments in banks and finance houses, and market research firms.

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Master of Business Economics


The Master of Business Economics provides a rigorous and theoretical grounding in the discipline of economics and its application to government and business decision-making. In this degree you will develop an extended knowledge in economic analysis in the global economy, with particular attention to business strategy, project evaluation, pricing and risk, economic policy, regulation and competition policy. The degree is designed for early career economists and recent economics graduates, and provides skills in advanced applied economic tools, and will give you experience in undertaking independent research.

Learn from renowned educators in the field of economics

Course code CRICOS code Duration Intake Campus Exit points 2014 fee (A$) Credit points Number of units

3842 060357G 1.5 years full time, 3 years part time Semester 1 and Semester 2 On campus (Caulfield) Graduate Certificate in Business (24 points) Graduate Diploma in Business (48 points) Domestic: $24,700 International: $34,100 72 12 (6 core units, 6 elective units) An Australian bachelor degree or an equivalent qualification with a major in economics, and a Weighted Average Mark (WAM) of 60% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record.

Study at a university that is ranked no. 1 in experimental economics

Develop your business strategy and analysis skills

Entry requirements

Core Units
> Applied economics issues research paper > Game theory and business strategy > Special research topics in applied economics > Applied microeconomics > Applied macroeconomics > one quantitative unit approved by the course coordinator

Electives
You must undertake six graduatelevel electives to complete this degree. Electives can be chosen from a broad list of subjects offered by the Faculty of Business and Economics. A maximum of four electives may be taken from other faculties in the university. For more information on electives go to: www.monash.edu/study

Course benefits
> The Master of Business Economics allows you to explore topics including industry analysis and business strategy, private and public project evaluation, regulation and competition policy, industrial organisation, and the impact of monetary and fiscal policy. > The course gives you access to some of Australias renowned educators in the field of economics. > Our economics department provides top level specialist advice to government and private sector bodies in Australia and internationally. It has developed advisory contacts in the Asia-Pacific region, as well as close connections with prestigious academic and policy formulating institutions in China, Europe and the United States.

Faculty of Business and Economics > Economics and Econometrics

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The Master of Business Economics will equip students with the inspiration and capabilities of using economics insights to understand this ever changing world. Our graduates work in the public sector with organisations such as the Department of Treasury in Australia and the Department of Finance in Indonesia, to analyse nation-wide macroeconomic issues. They have also been recruited by leading accounting and consulting firms, including PWC and KPMG, to advise on business strategies and international best practice. Our graduates have also attracted the attention of multinational enterprises including the Bank of China.

Associate Professor He-Ling Shi


Course Coordinator Master of Business Economics

Career outcomes
The Master of Business Economics provides graduates with career opportunities in the public sector, across government departments, allied agencies and NGOs. Graduates can also work in the private sector in consulting firms, research departments in banks and financial institutions, as well as market research firms.

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Graduate Certificate in Pharmacoeconomics


The Graduate Certificate in Pharmacoeconomics has been designed for those involved in the pharmaceutical industry and provides an understanding of the economics of pharmaceuticals in healthcare systems. Students are exposed to the skills necessary to apply economic analysis to the evaluation of products and the broad policy issues affecting the industry. Areas of study include cost-effectiveness analysis of a drug, economic modelling to support the inclusion or exclusion of a drug on a national or hospital formulary, design of a clinical trial to evaluate the efficacy and cost-effectiveness of drugs, and methods of evaluation of health and non-health outcomes of drug use. Students who successfully complete the Graduate Certificate in Pharmacoeconomics may be eligible to apply for admission to the Graduate Diploma in Health Economics and Policy.

Designed for those working in the pharmaceutical industry

Course code Duration Intake Campus 2014 fee (A$) Credit points Number of units Entry requirements

2681 1 year part time Semester 1 and Semester 2 Off campus (Clayton) Domestic: $22,000 International: $34,100 24 4 core units An Australian bachelor degree or an equivalent qualification. Applicants will be ranked based on relevant work experience and their entire academic record, with a 55% average preferred.

Taught off-campus through the Centre of Health Economics

Core Units

Pathway to further postgraduate studies in health economics

> Introduction to microeconomic theory and policy > Introduction to health economics > Pharmaceutical economics > Introduction to epidemiology and biostatistics For further information on this course go to: www.monash.edu/study

*This course is only available to domestic students.

Faculty of Business and Economics > Economics and Econometrics

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Graduate Diploma in Health Economics and Policy


The Graduate Diploma in Health Economics is designed for health professionals, clinicians, and policy makers who want to pursue postgraduate studies in health economics, or who work in the production, use, delivery and regulation of health care programs and interventions. The diploma will give you a sound knowledge of health economics, economic evaluation and international health economics and policy, without requiring a previous background in economics. Students who achieve a high standard within the diploma may be eligible to apply for admission to the Master of Business Economics.

Course code Duration Intake Campus Exit points 2014 fee (A$) Credit points Number of units Entry requirements

3807 2 years part time Semester 1 and Semester 2 Off campus (Clayton) Graduate Certificate in Pharmacoeconomics (24 points) Domestic: $22,000 International: $34,100 48 8 (4 core units, 4 elective units) An Australian bachelor degree or an equivalent qualification. Applicants will be ranked based on their entire academic record, and a 55% average is preferred with due consideration given to relevant employment experience.

Learn from renowned educators in the field of economics

Taught off-campus through the Centre of Health Economics

Core units
> Introductory microeconomic theory and policy > Introduction to health economics > Applied health economics and health policy Plus one of the following units: > Pharmaceutical economics > Economic evaluation in health care

Electives
You must undertake four electives to complete this diploma. These electives must be chosen from a prescribed list. For more information on electives go to: www.monash.edu/study

Pathway to further postgraduate studies in economics

*This course is only available to domestic students.

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Postgraduate study options


The Faculty of Business and Economics has one of the most extensive postgraduate offerings in the country, giving you more degree choices, and the opportunity to tailor your studies to your specific career goals. Certificate and diploma
Graduate Certificate in Business is a four-unit course that may be undertaken as a stand-alone award or as a pathway to a graduate diploma or masters degree. It is designed to give you an introduction to a variety of business disciplines, however you can tailor the unit selection to your specific area of interest. Students who successfully complete the certificate may be eligible for admission into a masters degree. Graduate Diploma in Business is an eight-unit course, designed for students who wish to extend their knowledge in general business principles. This is a flexible program that allows you to take a number of broad business units, or a sequence of units relating to a specific discipline.

Coursework programs
Most of our coursework degrees comprise 12 units. Full-time students normally undertake four units per semester and part-time students normally undertake two units per semester. In some courses, you are able to exit your masters degree early with a graduate certificate (four units) or a graduate diploma (eights units). In some disciplines, you are eligible to enrol in a graduate or postgraduate diploma and, after completion of eight units, articulate into a relevant masters degree. Many of our coursework programs also offer a research stream, which serves as a prerequisite for undertaking a PhD. For more information on our postgraduate programs go to www.monash.edu/study

Research degrees (Masters Research and PhD)


The Faculty of Business and Economics has developed a strong reputation for excellence in research across a diverse range of business interests. Our research has the scale, capability and business links to influence national agendas and shape business and professional practice. We strive to provide an excellent environment for the personal and intellectual development of our postgraduate research students, who make a significant contribution to the research effort of the faculty. Our research degrees include a Master of Philosophy and Doctor of Philosophy. We also offer: > A Postgraduate Diploma in Economics and Commerce, which provides a fourth year of study, equivalent to an honours year, for students wishing to undertake a higher degree by research but do not have the research background required to meet the admission criteria. > A Master of Business (Honours), which provides a pathway for high achieving accounting, banking and finance coursework masters students to articulate into the universitys higher degrees by research program. If you are considering undertaking a research degree, please contact our Faculty Research Office on (613) 9905 2483 or email buseco-research.degrees@monash.edu You can also find more information on research in the faculty and how to apply to undertake a research degree at: www.monash.edu/business-economics/research The Faculty of Business and Economics offers a variety of pathway programs to assist students who dont meet course entry requirements. For more information on course eligibility and entry requirements, please contact our student services team on (613) 9903 1400 or (613) 1300 784 990, or email enquiries.caulfield@monash.edu

Faculty of Business and Economics > Economics and Econometrics

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Courses offered by the Faculty


Accounting
Graduate Diploma in Accounting Master of Professional Accounting Master of Professional Accounting (Advanced) Master of Business (Accounting)

Business

Graduate Certificate in Business Graduate Diploma in Business Master of Business Master of Business Law Master of Business (Science and Technology)

Banking and Finance

Master of Applied Finance Master of Banking and Finance

Economics and Econometrics

Graduate Diploma in Applied Econometrics Master of Applied Econometrics Graduate Diploma in Economic Studies Master of Economics Master of Business Economics Graduate Certificate in Pharmacoeconomics Graduate Diploma in Health Economics and Policy

Marketing

Master of Advanced Marketing Master of Marketing

Management

Graduate Diploma in Human Resource Management Master of Human Resource Management Master of Management

Policy and Trade

Master of Public Policy and Management Master of Diplomacy and Trade

International Business
Master of International Business

Business Administration
Monash MBA Monash Executive MBA

Double masters degrees

Master of Applied Finance/ Master of Applied Econometrics Master of Applied Finance/ Master of Business (Accounting) Master of Business/ Master of Professional Accounting Master of International Business/Master of European and International Studies Master of Journalism/ Master of Business Master of Professional Accounting/ Master of Business Law Master of Business (Accounting)/Master of Business Law

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Information for prospective students


Student development
The Faculty of Business and Economics offers a range of student development activities to enhance your academic studies, develop your skills and transform your career path. These include: > Orientation for postgraduate students > Academic Development and Enhancement Program for Tertiary Studies (ADEPT) workshops > Personal and professional development programs > Postgraduate PAL (Peers, Ambassadors and Leaders) program > Mentoring programs > Career readiness programs For more information on our extracurricular programs and to get involved, visit: www.monash.edu/business-economics

Higher Education Loan Program (HELP)


Loans have been introduced under the Higher Education Loan Program (HELP), which incorporate previous loan schemes including the Higher Education Contribution Scheme (HECS), the Postgraduate Education Loan Scheme (PELS) and the Bridging for Overseas Trained Professionals Loan Scheme (BOTPLS). The HELP scheme provides an interest-free, income contingent loan facility for eligible students enrolled in: accredited undergraduate and postgraduate award programs including higher degrees by research; bridging courses for overseas trained professionals to enable them to meet the entry requirements for their profession in Australia; and courses to enable students to meet the requirements for entry into an awards program. For further information visit: www.goingtouni.gov.au

For more information on credit and exemptions for previous postgraduate study, please email enquiries.Caulfield@monash.edu or phone (613) 9903 1400.

English language proficiency


Monash University has minimum English entry requirements for all students, to ensure that all applicants for degrees have the English skills to perform well in their studies. Applicants can meet the English language proficiency requirements if > You have achieved a satisfactory level of performance in an English subject at Year 12 or equivalent level. This means a study score of at least 25 in units 3 and 4 in any VCE English subject. All other students should visit: www.monash.edu.au/international for entry requirements details. > You have studied in an institution where English is the language of instruction and assessment for the entire institution and have satisfactorily completed the equivalent of one and a half years full-time (three standard full-time semesters) of either a university undergraduate award program, or a program that has been assessed as being taught at an equivalent level to Monash University undergraduate study Alternatively, you have studied in an institution where English is the language of instruction and assessment for the entire institution and have satisfactorily completed the equivalent of one full-time year (two standard full-time semesters) of postgraduate study. Documentary evidence in the form of a letter or transcript is required from the institution at which the study was undertaken. > You have undertaken an English language proficiency test within two years prior to your study commencement date and have achieved the following results: IELTS minimum test score of 6.5 with no individual band score less than 6.0. TOEFL minimum test score of 550 with a Test of Written English score of at least 4.5. Internet based TOEFL overall 79, Writing: 21, Listening: 12, Reading: 13, Speaking 18. Cambridge English Certificate in Advanced English (CAE) Minimum test score required: A grade of A Cambridge Certificate of Proficiency in EnglishMinimum test score required: A grade of C You have successfully completed the Monash University English Language Bridging Program, or equivalent programs, at the appropriate level. For further information about English language requirements at Monash University visit: www.adm.monash.edu.au/admissions/ postgrad/pg-english-requirements.html

Off campus programs


Off campus learning is a flexible mode of study based on independent learning materials and learning support systems that allow students to study with little or minimum attendance at a university campus. Some of our postgraduate courses are offered in off-campus mode to help you balance your study goals with other commitments. To find out more about our off-campus courses and application procedures please email: enquiries.Caulfield@monash.edu

Fees
To study at Monash University you must pay tuition fees to the university. Tuition fees vary for different courses. Indication tuition fees are detailed in the course tables of this guide. However, please check Monash course finder www.monash.edu/study/coursefinder and www.monash.edu/fees Postgraduate coursework programs are full-fee places. The tuition fees quoted are for 48 credit points unless otherwise stated in the course tables and only applicable to a course commencing in the year stated in the table. Tuition fees for course commencement in coming years will be different. Monash University reserves the right to adjust annual tuition fees for future years of your course. However, Monash University undertakes that any adjustment factor for those continuing students will not exceed six per cent per annum. Any adjustment will be applied on the first day of January each year for teaching periods within the census date thereafter.

Postgraduate scholarships and awards


Monash University offers a wide range of postgraduate scholarships to help you pursue postgraduate study. Scholarships are available for coursework and research degrees. For more information visit: www.monash.edu/study/scholarships

International Student Visas


International students should visit: www.monash.edu.au/international which contains important information regarding how to apply as an international student, Australian Government requirements and conditions for study in Australia, living costs, course fees, health insurance, working while you study, work rights for your husband or wife and schooling for your children. Further information about visa applications can be obtained from: www.liveinaustralia.com/student-visa and www.immi.gov.au/students

Credit (advanced standing) for previous study


Credits/exemptions may be considered for previous tertiary-level study or postsecondary study (including TAFE and Open Universities Australia) in Australia or overseas. Applications for credits/ exemptions must clearly indicate units for which advanced standing is requested and must be accompanied by a legally certified copy of your academic transcript and unit syllabus, usually from the course handbook. Each application is assessed on a case-by-case basis. It is essential that units submitted for credit/ exemption fit the philosophy and principles of this course of study. Units studied more than 10 years ago will not be considered for credit/exemption.

Faculty of Business and Economics > Economics and Econometrics

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Apply Now
Application closing dates
Entry in Semester 1 31 January 2014 Entry in Semester 2 30 June 2014 Semester Dates 2014 Semester 1 3 March - 30 May Semester 2 28 July - 24 October

To apply go to: www.monash.edu/study

Further information
Postgraduate Student Services Office Faculty of Business and Economics
Monash University Building N, Level 4 27 Sir John Monash Drive Caulfield East, Victoria 3145, Australia Telephone: 61 3 9903 1400 or 61 3 1300 784 990 Email: enquiries.caulfield@monash.edu www.monash.edu/business-economics

Contacts for international students International Recruitment Services


Monash University 871 Dandenong Road Caulfield East 3145, Australia Telephone: 61 3 9627 4852 Email: study@monash.edu www.monash.edu/study/international Special note about the Gippsland campus Monash University and the University of Ballarat are exploring a proposition to create an expanded, regionally-focused university. Should the proposition be approved, the campus is expected to offer a range of courses that bring together the strengths of both Monash University and the University of Ballarat from 1 January 2014. If the proposition is approved, new students will be admitted into a full range of expanded courses of the proposed new university and Monash University will not be admitting new students (except from agreed pathways) into courses at the Gippsland campus. As course offerings may change, please visit www.monash.edu to ensure you have the latest information on what courses will be available. Australian Qualifications Framework (AQF) From 2015, Monash University postgraduate courses will align with the AQF, an initiative that ensures Australian qualifications are nationally consistent and internationally comparable. This may result in some changes to course structure.

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CRICOS provider: Monash University 00008C Monash University reserves the right to alter information, procedures, fees and regulations contained in this document. Please check the Monash University website for updates (www.monash.edu.au). All information reflects prescriptions, policy and practice in force at time of publication. Published July 2013.

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