Master of Philosophy (Faculty of Business & Economics)

The Master of Philosophy at Monash University is a rigorous programme designed for those seeking to advance their knowledge in the field of Economics. This two-year course encompasses both coursework and a substantial research component, enhancing students' understanding of critical economic theories, quantitative methods, and their applications in real-world scenarios. It is well-structured into semesters, allowing students to immerse themselves in a variety of units of study while also pursuing their individual research interests.

Students engaging in the Master of Philosophy will undertake a capstone research thesis that demonstrates their understanding and application of economic concepts. The programme emphasizes the development of analytical, critical thinking, and research skills crucial for a career in economics. Additionally, the integration of work-integrated learning opportunities throughout the course equips students with practical experience, preparing them for the challenges of the industry.

The course is well-suited for individuals looking to deepen their expertise in economics and those aspiring to engage in research-based careers or further academic pursuits. With a strong foundation in economics, graduates will find themselves well-equipped to navigate and contribute to the evolving economic landscape, particularly within the Australian context where economic theory informs policy and business practices.

• Economic Analyst
• Research Economist
• Policy Advisor
• Market Researcher
• Financial Consultant

Industries such as government, finance, academia, and consulting firms actively seek graduates from this programme to fill these roles. Furthermore, Australia's emphasis on research and development in economics creates numerous opportunities for collaboration with industry partners and academic institutions.