Master's Degree Economics Full Time

Master of Economics

at University of New South Wales · Sydney, New South Wales

CRICOS course code

055189E

CRICOS provider code

00098G

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

1 year

Tuition (whole course)

A$59,000 total

Per year

A$59,000/yr

Intake

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

About this program

The Master of Economics at the University of New South Wales in Sydney offers advanced training in economic theory, econometrics, and applied economics. This programme is designed for graduates seeking a deep understanding of economic frameworks and advanced research methodologies relevant to both the private and public sectors. Students explore core concepts such as microeconomics, macroeconomics, quantitative methods, and develop the analytical skills necessary for complex economic problem-solving in real-world contexts.

Structured as a one-year full-time master's degree, the course is typically comprised of several postgraduate-level units of study, each contributing credit points towards the qualification. Students may choose elective units to specialise in areas such as international economics, financial economics, or policy analysis. The degree often features a capstone experience or applied research project, enabling students to synthesise their learning in a practical or research-oriented environment.

With teaching and content closely aligned with contemporary challenges and opportunities in the Australian and global economies, the degree equips students with skills in data analysis, economic modelling, policy evaluation, and critical thinking. UNSW's location in Sydney offers valuable links to industry, research institutions, and government bodies, providing opportunities for networking and applied research relevant to Australia's economic landscape.

This programme is ideally suited for graduates in economics or related fields who wish to expand their expertise or pivot into advanced economic roles. International students are welcome, provided they meet the English language requirements (with accepted tests including IELTS, TOEFL iBT, PTE Academic, and others). While studying, students may work up to 48 hours per fortnight, and upon completion, may be eligible to apply for the Temporary Graduate visa (subclass 485) post-study work stream. Applicants should confirm specific entry requirements, unit structures, and work placement opportunities on the official course page.

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

Economist in consulting firms, government agencies, or research organisations
Policy analyst within Australian governmental or non-governmental bodies
Data analyst or economic modeller for banks, insurance, and financial institutions
Strategic adviser within corporate or public sector settings
Research associate in academic or applied economic research centres

Frequently asked questions

How long is the Master of Economics at University of New South Wales?

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

How much is the tuition?

Tuition is around A$59,000 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Economist in consulting firms, government agencies, or research organisationsPolicy analyst within Australian governmental or non-governmental bodiesData analyst or economic modeller for banks, insurance, and financial institutionsStrategic adviser within corporate or public sect...

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