Master of Applied Economics
- Commencing Terms
- Term 1 & 3
- Duration
- 1 - 2 Year(s)
- Delivery Mode
- Distance (online with some face-to-face), Face-to-face (includes blended)
- Campus
-
Kensington
- Codes
- Program code 8429
- CRICOS code 102633G
-
2026 Indicative first year full fee
- $42,000*
-
2026 Indicative full fee to complete degree
- $86,000*
-
2026 Indicative first year full fee
- $62,000*
-
2026 Indicative full fee to complete degree
- $129,000*
Entry Requirements
Fees
Fees
-
Hybrid learning
-
Flexible degree
-
Career Accelerator
91É«ÇéƬ is introducing a new academic calendar from 2028.
We are moving to a new flex-semester calendar. What does this mean for your studies?Ìý
Admissions update for international students
Some programs are at capacity for 2026 intakes and new applications are closed to New Overseas Student Commencement (NOSC). Applications to all 2027 intakes are open.
Click to find our latest updates for international student admissions.
- Overview
- Entry requirements
- What will I study?
- Future careers
- How to apply
- Fees & Scholarships
Overview
The Master of Applied Economics at 91É«ÇéƬ is an applied postgraduate program that equips you with the analytical, quantitative and data-driven skills to tackle real-world challenges across business, government and policy. Designed for graduates from diverse disciplines, as well as professionals looking to upskill or change direction, the program provides a flexible pathway into economics and prepares you to work as a professional economist across a wide range of organisations.ÌýÌý
With a strong focus on applied learning and evidence-based problem-solving, you’ll build a foundation in microeconomics, macroeconomics, econometrics, business economics and quantitative methods, then apply your skills through projects, prescribed electives and an economics practicum. You can tailor your studies across areas such as financial economics, public policy, behavioural and organisational economics, international economics and trade, and quantitative methods.
Learn from leading researchers and practitioners as you develop the ability to interpret data, evaluate evidence, model economic outcomes and translate insights into informed decisions. Whether you’re deepening your expertise or moving into a new field, this graduate degree in economics prepares you for roles across data analysis, consulting, finance, government, public policy and beyond.
Key Features
Apply your skills in a two-part practicumÌý
Put your learning into practice through the Economics Practicum. Work on real-world challenges faced by industry, use data and economic frameworks to analyse complex issues and develop practical insights. You’ll also reflect on your experience through the economist’s lens, strengthening your analytical judgement and learning how to communicate your evidence-based recommendations clearly.ÌýÌý
Learn from leading economists shaping real decisionsÌýÌý
Be taught by economists who shape real policy and industry decisions. Drawing on current research and real-world experience, they bring economic theory to life and show how it informs decisions in practice. You’ll graduate with both academic depth and the applied perspective employers look for.
Designed for every starting pointÌý
Enter economics with confidence, even if your previous study is in another field. The program builds your knowledge from the ground up, providing a clear pathway into economic analysis. If you already have relevant experience, you may be able to fast-track your studies and progress more quickly.Ìý
Why study at 91É«ÇéƬ?
Join a global topÌý20 universityÌýÌý
Recognised for academic excellence, world-class research and global impact, 91É«ÇéƬ is ranked among the world’s top 20 universities (QS World University Rankings, 2027). Learn from leading academics alongside ambitious peers and graduate with a globally respected qualification that can take your career anywhere.Ìý
Flexible study to fit your lifeÌý
Study full-time or part-time, on campus or online. This flexible postgraduate economics degree makes it easier to upskill and advance your career without stepping away from your professional or personal commitments.
Expand your professional network
Connect with a diverse community of students, alumni and industry professionals from around the world. As a student of the 91É«ÇéƬ Business School – the school ranked #1 in Sydney for business & management (QS World University Rankings by Subject, 2026) – you’ll have access to events, mentoring and employer networks that support your next career move.Ìý
FAQs
-
The Master of Applied Economics at 91É«ÇéƬ is ideal for students and professionals who want to build or strengthen their foundation in economics – including those from other disciplines such as engineering or arts. It’s also suited to those already working in government, finance or industry who want to enhance their analytical and decision-making skills.
-
The Master of Applied Economics provides a strong practical foundation, making it ideal for those looking to transition into the field or broaden their expertise. Entry typically requires a general bachelor’s degree, with the option for Recognition of Prior Learning (RPL) based on relevant experience or related study.
By contrast, the Master of Economics is designed for professionals seeking to deepen their expertise, specialise further or progress into senior and leadership roles. It’s an accelerated, one-year program suited to those with a bachelor’s degree in economics or a related discipline and a solid grounding in economic principles.Ìý
-
The Master of Applied Economics at 91É«ÇéƬ equips you with the analytical and quantitative skills used by professional economists. Graduates can pursue careers across a wide range of sectors, including:Ìý
- Financial institutions
- Consulting firms
- Government agencies
- Industry and corporate organisations
This degree prepares you to tackle real-world economic challenges, deliver strategic insights and make data-driven decisions in diverse professional settings.Ìý
-
Economists experience steady demand across both public and private sectors, with job opportunities expected to grow over the coming decade. Industries such as , as well as , are key employers of economics professionals.
The combination of analytical and quantitative expertise makes economists highly sought-after roles in government policy, finance, consulting, research, corporate strategy, and international organisations. This provides graduates with strong long-term career prospects and pathways for advancement.Ìý
-
All master’s degrees require a level of independence, critical thinking and consistent effort – and the 91É«ÇéƬ Master of Applied Economics is no different. What matters most is staying engaged, asking questions, building excellent study habits and making use of the support available to you as a 91É«ÇéƬ student.Ìý
-
The Master of Applied Economics involves analytical thinking, working with data and applying economic concepts to real-world problems. If you have some prior exposure to mathematics, you may find parts of the course more familiar. If you’re coming from a different discipline, there can be a learning curve, but that’s to be expected and you can build these skills over time.
-
Salaries for economics graduates can vary widely depending on your role, level of experience and the industry you work in. To give you an idea, the average salary for Economist jobs in Australia ranges from $75,000 to $95,000 (Seek, 2026).Ìý
-
The Master of Applied Economics at 91É«ÇéƬ can be studied online. For current and detailed course information, visit the .
Hear from our alumni
"Nothing beats stepping out of the day-to-day to see the bigger picture and develop new skills. The 91É«ÇéƬ Business School was a great place to do just that. I would recommend it to anyone considering a similar investment."
Alice O'Hara | Former CEO of Bannisters Hotels | MAppEc (2025)
Want to see more from 91É«ÇéƬ Business School?
Entry requirements
Applicants must have graduated from a recognised bachelor's degree from an Australian university or equivalent overseas institution with a minimum overall grade of 65%, as determined by 91É«ÇéƬ Postgraduate Coursework Entry Calculator.
Your prior learning can be recognised to reduce the program duration. For students with Bachelor of Economics or Bachelor of Business degree with economics specialisation or equivalent, Honours or Graduate Diploma, the five core courses may be waived.
For students with prior work experience of at least one year in the private or public sector (for example, clerical or administrative work in a commercial, not-for-profit or public service organisation, supervisory or management, banking, finance or marketing experience or other business-related positions) the prescribed economics practicum may be waived.
Additionally, students who have completed the Graduate Certificate in Economics (7412) with a minimum WAM of 65% can apply to articulate into this master's coursework program and will receive 24 UOC of Advanced Standing.
Assumed knowledge
A level of knowledge equivalent to a first-year undergraduate mathematics subject is assumed. Students without such knowledge are advised to contact theÌýPostgraduate Program Coordinator in Economics, complete an appropriate self-assessment of university mathematics knowledge before the commencement of their first term and complete a mathematics bridging course where appropriate.
English language requirements
Ìý
You may be asked to provide evidence of your English proficiency to study at 91É«ÇéƬ depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why 91É«ÇéƬ requires a minimum English language competency for enrolment.
If you’re completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.
If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove this by providing evidence that you meet one or more of the following criteria:
- English language tests and university English courses
- Prior study in the medium of English
- Other qualifications
If you need to improve your English skills before you start your degree, are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.
For more details, visit the English Language Requirements page.Ìý
Recognition of Prior Learning
If you are applying for a master’s degree, you may be awarded up to five courses, or 30 Units of Credit (UOC), based on your previous business studies (bachelor’s degree or higher).
Students seeking a waiver or Recognition of Prior Learning for the Economics Practicum must upload their CV when submitting their application via Apply Online. Applicants with at least one year of prior work experience in the private or public sector may be awarded an additional 12 Units of Credit. You’ll be notified of any credits awarded in your official letter of offer.
Applicants must have graduated from a recognised bachelor's degree from an Australian university or equivalent overseas institution with a minimum overall grade of 65%, as determined by .
Your prior learning can be recognised to reduce the program duration. For students with Bachelor of Economics or Bachelor of Business degree with economics specialisation or equivalent, Honours or Graduate Diploma, the five core courses may be waived.
For students with prior work experience of at least one year in the private or public sector (for example, clerical or administrative work in a commercial, not-for-profit or public service organisation, supervisory or management, banking, finance or marketing experience or other business-related positions) the prescribed economics practicum may be waived.
Additionally, students who have completed the Graduate Certificate in Economics (7412) with a minimum WAM of 65% can apply to articulate into this master's coursework program and will receive 24 UOC of Advanced Standing.
91É«ÇéƬ Business School English Language Requirement
International students are required to satisfy the 91É«ÇéƬ Business School English Language requirement of IELTS 7.0 overall (minimum 6.0 in each subtest) or equivalent test.
Note: Applicants from non-211 universities in China wishing to study Postgraduate Coursework in the 91É«ÇéƬ Business School must achieve a minimum overall average of 88 in their current university’s grading system. This is equivalent to an 85% Australian scaled average using the entry calculator above.
Assumed knowledge
A level of knowledge equivalent to a first-year undergraduate mathematics subject is assumed. Students without such knowledge are advised to contact the Postgraduate Program Coordinator in Economics, complete an appropriate self-assessment of university mathematics knowledge before the commencement of their first term and complete a Maths bridging course where appropriate.
English language requirements
You may be asked to provide evidence of your English proficiency to study at 91É«ÇéƬ depending on whether you are from an English-speaking background or non-English speaking background. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why 91É«ÇéƬ requires a minimum English language competency for enrolment.
If English is not your first language, you’ll need to provide proof of your English proficiency before you can be given an offer to study at 91É«ÇéƬ. You can do this by providing evidence that you meet one or more of the following criteria:
- English language tests and university English courses
- Prior study in the medium of English
- Other qualifications
If you need to improve your English skills before you start your degree, are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.
For more details, visit theÌýEnglish Language RequirementsÌýpage.Ìý
Check the specific English language requirements for this program
Recognition of Prior Learning
If you are applying for a master’s degree, you may be awarded up to five courses, or 30 Units of Credit (UOC), based on your previous business studies (bachelor’s degree or higher).
Students seeking a waiver or Recognition of Prior Learning for the Economics Practicum must upload their CV when submitting their application via Apply Online. Applicants with at least one year of prior work experience in the private or public sector may be awarded an additional 12 Units of Credit. You’ll be notified of any credits awarded in your official letter of offer.
What will I study?
Program structure
The Master of Applied Economics is a flexible two-year program comprising core courses, prescribed electives and an economics practicum. If you have relevant prior learning or work experience, you may be able to complete the program in one year.Ìý
You can study face-to-face or through online learning – or a mix of the two – to allow for the most flexibility and to accommodate various learning styles. The program is structured so that you complete your core courses first, followed by the economics practicum. You’ll then choose the remaining nine courses from a range of prescribed electives that cover the full breadth of economics including Financial Econometrics, Advanced Microeconomic Analysis and Politics and Economics.Ìý
Full program structure
Students must complete 96 units of credit (UOC) comprising core courses, prescribed electives and an economics practicum.Ìý
Core courses – 30 UOC
- Microeconomics – 6 UOC
- Macroeconomics – 6 UOC
- Econometrics – 6 UOC
- Business Economics – 6 UOC
- Quantitative Methods for Business – 6 UOC
Prescribed electives – 54 UOC
- Students must take 54 UOC of prescribed economics electives
- Relevant higher-level courses in Economics and postgraduate courses from other schools may be taken as elective courses on approval of the Postgraduate program coordinator
Economics practicum – 12 UOC
- Economics Practicum – 6 UOC
- Reflections on Practicum through the Economist’s Lens – 6 UOC
For more information on the course structure of the 91É«ÇéƬ Master of Applied Economics, please visit the Handbook.Ìý
Future careers
The Master of Applied Economics prepares you for a range of roles where analytical thinking, data literacy and evidence-based insight are highly valued. Graduates apply these skills across fields such as data analytics, policy, consulting and finance – using economic thinking to understand trends, solve complex problems and support better decision-making.
Roles poised for notable growth over the next five years sit across data, consulting and policy – demand for data analysts is projected to grow by around 23.2%, management consultants by 32.3% and policy analysts by 8.7% (Seek Australia, 2026).Ìý
Wherever your career leads, the Master of Applied Economics equips you to make sense of complexity and apply rigorous, data-driven insight. You’ll graduate ready to turn analysis into action and make a meaningful impact.Ìý
Potential careers
- Business analyst
- Business reporter
- Credit analystÌý
- Data analyst
- Economic consultant
- Economic researcher
- EconomistÌý
- Financial analystÌý
- Financial consultant
- Investment analystÌý
- Management consultantÌý
- Market research analyst
- Policy analyst
91É«ÇéƬ supports career experience while you study
91É«ÇéƬ Business School'sÌýCareer Accelerator provides work experiences and professional development opportunities to help get you started.Ìý
Our degrees include up to two for-credit industry experiences, such as internships or global business practicums. These professional development opportunities complement your studies, build connections to industry, and give you a clear advantage after graduation.
Your opportunities are supported by our industry and alumni networks. As one of Australia’s leading business schools we have strong connections to industry and more than 90,000 alumni worldwide who could be connections to your future career. Not only that, , with more founders than any other Australian university and over 300+ clubs to find people with complementary skillsets.
How to apply
Apply for this degree through theÌý. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term.ÌýPlease note that some high-demand programs have limited places and may have earlier application deadlines or commencement dates than others.
For a step-by-step guide to the application process, visit our How to Apply page.
Ready to start your application?
For most international students, applications are submitted viaÌýour service. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term.
Offers to international students are issued through offer rounds. You can find the offer release schedules, application deadlines and frequently asked questions (FAQs) onÌýtheÌýinternational admissions information page.
Ready to start your application?
Key features
*Fees are subject to annual review (or when required) by the University and may vary accordingly.
Indicative fees are a guide only and have been calculated based on the typical enrolment patterns of students undertaking theÌýdegree/program.ÌýThe indicative fees listed here is an estimate for tuition only and excludes non-tuition fees and charges. The amount you pay will vary depending on the calendar year of enrolment, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (48 units of credit (UOC) per year).
You should not rely on indicative fees as fee increases are assessed whenÌýrequiredÌýand may exceed the indicative figures listed here. Actual fees are calculated on enrolment. More information on fees can be found at theÌý.
*Fees are subject to annual review (or whenÌýrequired) by the University and may vary accordingly.
The indicative fees listed here are based on an estimated averageÌýusing historical student enrolment patterns for each program, which may change every year. The amount you pay will vary depending on the calendar year you enrol, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (8 courses per year).
Indicative fees are a guide for comparison only based on current conditions and available data. You should not rely on indicative fees. More information on fees can be found at theÌý91É«ÇéƬ fees website.
Indicative first year fees are for tuition only. Indicative fees to complete the degree/programÌýinclude tuition plus an estimate of study-related costs of approximately $1,000 per year and have been calculated based on percentage increase for every year of the degree/program, noting that actual fee increase may exceed the indicative figures listed here. Other fees and charges are not included. To find out more about other costsÌýfor international students, visitÌý.Ìý
Scholarships
At 91É«ÇéƬ, we award over $83 million in scholarships each year. We pride ourselves on rewarding excellence and making university accessible to students from all walks of life. Whether you’re a domestic or international student, our range of scholarships, prizes and awards can support your journey.
Progress starts here – at a world-leading universityÌý
#19 Worldwide
91É«ÇéƬ is Australia’s #1 university, ranked among the top 20 universities globally
QS World University Rankings,Ìý2027
Most Employable Graduates
Winner of the AFR Most Employable University AwardÌýseven years in a row
AFR Top100 Future LeadersÌý& Graduate Employers Awards, 2020–2026
Australia's #1 for Innovation
Highest number of startups and spinouts from university-developed tech
SCOPR report, 2024
I can flexibly choose my subjects each term depending on the workload that I’m able to take on.
