Graduate Diploma Business & Management Full Time

Graduate Diploma in Applied Econometrics

at University of Melbourne · Melbourne, Victoria

CRICOS course code

107110E

CRICOS provider code

00116K

This course is registered on the Commonwealth Register of Institutions and Courses for Overseas Students. Verify it yourself at cricos.education.gov.au before paying any fee.

Duration

1 year

Tuition (whole course)

A$46,752 total

Per year

A$46,752/yr

Intake

Semester 1 (Feb/Mar), Semester 2 (Jul)

About this program

The Graduate Diploma in Applied Econometrics at the University of Melbourne is designed for individuals seeking advanced training in the application of statistical methods to economic data and problems. Delivered in Melbourne by a leading Australian public higher education provider, this one-year programme equips students with the technical skills and practical knowledge necessary to analyse, interpret, and model economic data for informed decision-making within the business, banking, government, and research sectors.

The programme structure typically spans two semesters, comprising a set of core and elective units of study. Students undertake coursework centred around key econometric methods, data analysis, and real-world problem-solving, with the total credit load detailed on the university’s official course page. Where relevant, assessment includes projects and applied assignments reflecting the challenges encountered in professional economic analysis. The curriculum is designed to suit graduates from economics, mathematics, commerce, or related fields who wish to develop specialist quantitative skills for the job market or as preparation for further master’s study.

Throughout the course, students learn to apply econometric software, manage large datasets, and develop analytical tools to support evidence-based policy and strategic business solutions. The practical nature of applied econometrics ensures graduates gain in-demand expertise across data analysis, forecasting, and the communication of complex economic ideas to diverse audiences. Additionally, students benefit from Melbourne's connections with industry and research organisations, providing contextually relevant learning opportunities.

International students must demonstrate English proficiency, with accepted evidence including IELTS, TOEFL iBT, PTE Academic, Cambridge C1 Advanced, and the university's own English programmes. While enrolled, international students have work rights of up to 48 hours per fortnight, and graduates may be eligible to apply for the Temporary Graduate visa (subclass 485) post-study work stream, supporting a transition to the Australian workforce. For comprehensive details regarding units, credit points, and admission requirements, consult the official University of Melbourne course page.

Entry requirements

English: International applicants must evidence English proficiency. IELTS Academic 6.0–6.5 overall is the common undergraduate and coursework-postgraduate standard, rising to 7.0–7.5 for teaching, nursing, medicine, law and social work. TOEFL iBT, PTE Academic, Cambridge C1 Advanced and the university’s own English programmes are accepted as equivalents; the Department of Home Affairs sets a separate English threshold for the Student visa itself.

International students: Registered on CRICOS for international students. A Confirmation of Enrolment (CoE) for this course supports a Student visa (subclass 500) application; Overseas Student Health Cover is required for the full duration.

Career outcomes

Econometrician in finance, banking, or consulting
Economic analyst for government departments or agencies
Data analyst or quantitative researcher in business, industry, or policy organisations
Applied economist in market research, transport, or agriculture
Research officer for academic institutions or think tanks
Pathway to further studies in economics or applied econometrics at the master’s level

Frequently asked questions

How long is the Graduate Diploma in Applied Econometrics at University of Melbourne?

It typically takes 1 year, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$46,752 total. Fees change yearly — confirm with an advisor.

What are the career outcomes?

Econometrician in finance, banking, or consultingEconomic analyst for government departments or agenciesData analyst or quantitative researcher in business, industry, or policy organisationsApplied economist in market research, transport, or agricultureResearch officer for academ...

Apply View university