Master of Philosophy (Business & Economics) - ANU
AN Australian National University logo
Master's Degree Economics Full Time

Master of Philosophy (Business and Economics)

at Australian National University · Canberra, Australian Capital Territory

CRICOS course code

048350D

CRICOS provider code

00120C

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$107,650 total

Per year

A$53,825/yr

Intake

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

About this program

The Master of Philosophy (Business and Economics) at the Australian National University is a research-intensive postgraduate degree designed for graduates who wish to deepen their expertise and research capabilities in the fields of business and economics. Set in Australia's capital city, Canberra, this two-year programme equips students with advanced analytical, critical thinking, and research skills, positioning them to contribute original knowledge to their chosen field. The course requires students to complete a substantial research thesis under expert supervision, offering the opportunity to immerse themselves in both theoretical and empirical issues prevalent in the modern business and economics landscape.

Australian master's degrees such as this comprise dedicated research training alongside their major thesis component. Students commonly undertake foundational units of study to build sophisticated econometric and business analysis skills, as well as gain experience in designing and conducting independent research. Each unit aligns with a certain number of credit points, all contributing to the overall qualification requirements. The capstone of this programme is the research thesis, which demonstrates a student's ability to perform in-depth research, analyse complex data, and present compelling arguments relevant to current economic and business challenges.

This qualification is designed for graduates with a strong academic background seeking to pursue roles in research, policy development, or academia, or to lay a solid foundation for doctoral study. The Master of Philosophy builds practical and theoretical skills that are highly regarded by employers in Australia and internationally. With Canberra home to key government departments, agencies, and research organisations, students benefit from significant industry and policy links. Prospective students should confirm specific entry requirements, including evidence of research preparation and English proficiency, on the official university page.

International students are encouraged to explore Australia's Temporary Graduate visa (subclass 485) post-study work stream, which may allow graduates to gain work experience after completing their studies. While enrolled, students are permitted to work up to 48 hours per fortnight, enabling practical engagement with relevant industries and organisations.

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

  • Economic researcher in government agencies or think tanks
  • Policy analyst in federal or state government departments
  • Business consultant in management or financial advisory firms
  • Academic positions in universities and research institutions
  • Data analyst in Australian and global financial services
  • Research and development roles in public and private sectors

Frequently asked questions

How long is the Master of Philosophy (Business and Economics) at Australian National University?

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

How much is the tuition?

Tuition is around A$107,650 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Economic researcher in government agencies or think tanksPolicy analyst in federal or state government departmentsBusiness consultant in management or financial advisory firmsAcademic positions in universities and research institutionsData analyst in Australian and global financi...

Guides for this subject and the application

All guides →

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