Doctor of Philosophy in Economics | Monash University
MO Monash University logo
PhD / Doctorate Economics Full Time

Doctor of Philosophy (Faculty of Business & Economics)

at Monash University · Melbourne, Victoria

CRICOS course code

037832K

CRICOS provider code

00008C

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$179,359 total

Per year

A$44,840/yr

Intake

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

About this program

The Doctor of Philosophy (PhD) in Economics at Monash University offers an in-depth exploration of economic theories, methodologies, and applications. This four-year programme is designed for those who wish to conduct original research and advance their understanding of economic principles that affect individuals, businesses, and governments. Students engage in comprehensive study units that advance their analytical and research capabilities, culminating in a significant research thesis that contributes to the field of economics.

Australian doctoral programmes are structured around a rigorous research framework. Students typically undertake coursework in the initial stages to hone relevant skills, followed by an intensive focus on their research project. The PhD journey at Monash includes access to renowned faculty, research centres, and industry collaborations that enrich the learning experience. Students are encouraged to participate in professional placements and work-integrated learning, further bridging the gap between academic learning and real-world application.

This programme is tailored for individuals who possess a strong passion for economics and wish to specialise in advanced research. It is suitable for those aspiring to careers in academia, research institutions, or high-level positions in government and private sector organisations. The skills developed through this course include critical thinking, quantitative analysis, and effective communication, equipping graduates to tackle complex economic challenges.

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 in Economics
  • Policy Analyst for Government Agencies
  • Economic Consultant for Private Firms
  • Research Officer in Non-Governmental Organisations
  • Data Analyst within Financial Institutions

Frequently asked questions

How long is the Doctor of Philosophy (Faculty of Business & Economics) at Monash University?

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

How much is the tuition?

Tuition is around A$179,359 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Academic Researcher in EconomicsPolicy Analyst for Government AgenciesEconomic Consultant for Private FirmsResearch Officer in Non-Governmental OrganisationsData Analyst within Financial Institutions

Guides for this subject and the application

All guides →

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