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Master of Economics

About This Masters Degree

Course Description

This globally focused degree is designed for graduates who want to become professional economists or econometricians. Even if you have not studied economics at undergraduate level you can graduate with a world-class specialisation in economics.
- Use the quantitative skills from your Science degree to develop models of the economy and analyse real world economic data
- Use the qualitative skills from your Arts degree to argue the merits of various economic policy prescriptions

See the website http://courses.mq.edu.au/international/postgraduate/master/master-of-economics

[[Key benefits]]
- Offers a wide range of subjects exploring the theoretical and applied aspects of modern economics at an advanced level
- Provides a strong global focus and a comprehensive, international outlook, ensuring you are ready for the next step in your career
- Puts you at the forefront of new knowledge as you are taught by highly qualified academic staff with industry-relevant experience
- Broadens your analytical skills and equips you with the knowledge required to move between roles
- Offers research skills and a research project as well as a capstone unit

[[Suitable for]]
Professionals wanting to expand their career opportunities and further develop their analytical and decision-making skills. This degree allows you to make the jump to the next level in your career.

[[Recognition of prior learning]]
Course Duration
- 2 year program
Bachelor degree in any discipline;

- 1.5 year program
Bachelor degree or Graduate Certificate in a relevant discipline;
Bachelor degree in any discipline and work experience (minimum 3 years full-time) in relevant area;
Bachelor degree in any discipline and the completion of a significant number of economic, commerce or business units or an accredited qualification from a relevant professional institute such as:
----Chartered Financial Analysts (CFA)
----CPA Australia
----Association of Chartered Certified Accountants (ACCA)

- 1 year program
Honours, Graduate Diploma or Masters in relevant discipline;
Bachelor degree in a relevant discipline and work experience (minimum three years full-time) in a relevant area.

- Relevant disciplines
Qualifications within a Economics or Business / Commerce discipline (such as Economics, Econometrics, Political Economy, Finance).

- Relevant areas
Professional work experience includes roles requiring technical or specialist expertise or managerial / decision making functions with broad knowledge or skills in key concepts or principles in Economics.

[[English language requirements]]
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent

All applicants for undergraduate or postgraduate coursework studies at Macquarie University are required to provide evidence of proficiency in English.
For more information see English Language Requirements. http://mq.edu.au/study/international/how_to_apply/english_language_requirements/

You may satisfy the English language requirements if you have completed:
- senior secondary studies equivalent to the NSW HSC
- one year of Australian or comparable tertiary study in a country of qualification

- Career Opportunities
Many opportunities exist in both the private and government sectors of business and industry. Graduates can work as financial analysts, market analysts, investment analysts, business journalists, management consultants, researchers, and planning/policy analysts.
This degree can also be a pathway to a PhD in Economics.

Master of Economics graduates are in high demand with central banks, government departments, international organisations, financial institutions, regulators and large organisations.
- consultancy firms
- commercial banks
- government
- educational institutions
- investment banks
- NGOs
- research organisations

Average starting salary
Graduates can expect competitive salaries that compare well to salaries within other fields. According to Graduate Careers Australia, the average Economist graduate starting salary is $80,000.

See the website http://courses.mq.edu.au/international/postgraduate/master/master-of-economics

Entry Requirements

Minimum admission requirements: Australian level 7 bachelor's qualification or recognised equivalent; GPA of 2.70 (out of 4.00)

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