Master's Degree Business & Management Full Time

Master of Applied Econometrics (Enhanced)

at University of Melbourne · Melbourne, Victoria

CRICOS course code

107112C

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

2 years

Tuition (whole course)

A$128,084 total

Per year

A$64,042/yr

Intake

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

About this program

The Master of Applied Econometrics (Enhanced) at the University of Melbourne is a rigorous two-year master's degree designed for students aiming to gain advanced quantitative and analytical skills applicable to business, finance, and economic policy. Centred in Melbourne's dynamic academic and industry environment, the programme equips learners with expertise in econometric theories and methodologies, as well as hands-on proficiency using real-world data and statistical software tools commonly adopted throughout the Australian and international labour markets.

This master's course is structured to include thoughtfully paced semesters, featuring units of study that count towards the total credit points required for graduation. Students cover core topics—including advanced econometrics, microeconometrics, macroeconometrics, and applied statistical analysis—while being encouraged to explore electives that align with their areas of interest. The 'Enhanced' pathway ensures an extended and enriched academic experience, offering a deeper dive into specialised subjects and methodological applications. The curriculum emphasises developing practical research skills, often featuring a capstone project or minor dissertation that tackles contemporary economic questions, as well as opportunities for work-integrated learning or professional placements where relevant.

Graduates from this programme acquire in-demand skills in quantitative analysis, critical data interpretation, statistical modelling, and empirical research. These skills are particularly valued by employers across finance, consultancy, government departments, and policy research institutions in Australia. The course suits international and domestic students interested in advancing their analytical careers or those preparing for further doctoral study in economics or related fields. It meets the academic requirements for the Australian Qualifications Framework (AQF) Level 9 (Master's Degree), and international students must meet English proficiency standards. Students may be eligible to work in Australia for up to 48 hours per fortnight during studies, and graduates may access the Temporary Graduate visa (subclass 485) post-study work stream. Prospective applicants are advised to confirm details, including credit point requirements and course components, on the university's official 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

  • Quantitative Analyst in financial institutions and investment banks
  • Econometrician for government departments (e.g. Treasury, Reserve Bank of Australia)
  • Economic Consultant in firms focused on policy evaluation or business analytics
  • Data Scientist or Research Analyst in commercial and public organisations
  • Policy Advisor in economic or regulatory agencies
  • Academic research roles or pathway to doctoral studies in applied economics and econometrics

Frequently asked questions

How long is the Master of Applied Econometrics (Enhanced) at University of Melbourne?

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

How much is the tuition?

Tuition is around A$128,084 total. Fees change yearly — confirm with an advisor.

What are the career outcomes?

Quantitative Analyst in financial institutions and investment banksEconometrician for government departments (e.g. Treasury, Reserve Bank of Australia)Economic Consultant in firms focused on policy evaluation or business analyticsData Scientist or Research Analyst in commercial a...

Guides for this subject and the application

All guides →

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