PhD in Business and Economics – University of Melbourne
ME University of Melbourne logo
PhD / Doctorate Economics Full Time

Doctor of Philosophy - Business and Economics

at University of Melbourne · Melbourne, Victoria

CRICOS course code

056955G

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

4 years

Tuition (whole course)

A$283,064 total

Per year

A$70,766/yr

Intake

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

About this program

The Doctor of Philosophy (PhD) – Business and Economics at the University of Melbourne provides advanced research training in economics and related business disciplines. Over four years of full-time study, doctoral candidates undertake an in-depth research project under the guidance of leading academics, contributing new knowledge to the field. The programme typically commences with coursework in core research methods and advanced topics before progressing to an original thesis, which is the main focus of study.

Study is structured into units of study earning credit points, with the initial phase dedicated to foundational research skills and discipline-specific seminars. Candidates then focus on their independent research, resulting in a substantial dissertation. Throughout the programme, students benefit from the university's strong connections with Australian industry partners, public policy institutes, and research centres, enabling engagement with real-world economic and business challenges. Opportunities for work-integrated learning and networking are enhanced by the university’s reputation in the Melbourne business community and the broader national context.

PhD students gain expertise in research design, economic analysis, problem-solving, academic writing, and communication. The course is suited to aspiring academics, policy analysts, expert consultants, and those seeking specialist roles in governmental, corporate, or international organisations. The University of Melbourne emphasises engagement with industry, policy, and global economic issues, ensuring graduates are well prepared for leadership positions.

International students must demonstrate English proficiency prior to admission. While enrolled, students are eligible to work up to 48 hours per fortnight and may qualify to apply for the Temporary Graduate visa (subclass 485) after successful completion. Course details and requirements should always be confirmed through the official University of Melbourne and CRICOS websites.

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

  • Academic researcher or university lecturer in economics and business
  • Economic or policy analyst in government departments and agencies
  • Consultant in management, business strategy, or economic advisory firms
  • Data scientist or quantitative analyst in banking, finance, and consulting industries
  • Research and development specialist in national or international organisations
  • Executive or manager in public and private sector enterprises

Frequently asked questions

How long is the Doctor of Philosophy - Business and Economics at University of Melbourne?

It typically takes 4 years, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$283,064 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Academic researcher or university lecturer in economics and businessEconomic or policy analyst in government departments and agenciesConsultant in management, business strategy, or economic advisory firmsData scientist or quantitative analyst in banking, finance, and consulting i...

Guides for this subject and the application

All guides →

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