Applied Econometrics - B6036

Applied Econometrics

Master's degree

There are plenty of forces and factors that influence the contemporary business landscape. To better know how to prepare for or navigate through some of these phenomena, businesses draw on the power of empirical data modelling. This takes the expertise of professionals with an advanced understanding of econometrics – and the ways quantitative data can lead to innovative solutions.

MAKE YOUR NEXT MOVE

This postgraduate degree gives you an advanced understanding of the analytical and technical skills needed to apply econometric thinking to a number of business challenges. Learning from and working with global leaders in the field, you’ll build on your current study and work experience to open up all sorts of opportunities for a more impactful career.

ELEVATE YOUR EXPERTISE

By the time you complete the Master of Applied Econometrics, you’ll have advanced your expertise in quantitative modelling, forecasting and data in ways that make you more capable than ever of working with numbers – and using them to make a more positive impact too.

Ready to tap into the power of data to drive real change in the world?

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At a glance

Course Details

Location
  • On-campus at Caulfield: Full time & part time
Duration
1 or 1.5 years full-time (or part-time equivalent), depending on prior qualifications and/or professional experience. See entry requirements.
Start date
First semester (February) and Second semester (July)
Qualification
Master of Applied Econometrics
Course Handbook

Over the course of the program – which can be completed in as little as one year by students with the relevant experience – you’ll become more familiar with the latest econometric, statistical and data analytics tools. More specifically, how you can use these tools to offer data-driven solutions in areas including empirical economics and finance, risk analysis, forecasting, health economics, energy, and climate change.

The course will further your expertise in one of the following themes:

  • Macro and financial econometrics
  • Micro and health econometrics
  • Data analytics for energy and climate

The Master of Applied Econometrics provides you with both coursework and research components, equipping you with the required skills in econometric techniques and research experience to undertake major applied econometric projects. High-performing students can also use the program to prepare for a subsequent PhD program.

Entry Requirements

You need to satisfy the following entrance requirements to be considered for entry to this course.

Minimum Entry Requirements (Domestic students)

Qualifications

**Due to unit availability and progression requirements, Entry Level 2 (full-time) is restricted to Semester 1 commencement only, and is not available for mid-year (Semester 2) intake.

Entry level 1: 72 points to complete
Duration: 1.5 years full-time, 3 years part-time
An Australian bachelor degree (or equivalent) with at least a high credit (65%) average or equivalent Grade Point Average in a STEM or business area that includes a 1st year statistics or mathematics unit or equivalent.
Entry level 2: 48 points to complete
Duration: 1 year full-time, 2 years part-time

An Australian bachelor degree (or equivalent) with at least a high credit (65%) average or equivalent Grade Point Average (GPA) in a STEM or business area that includes an advanced unit on econometrics or statistics or equivalent and Australian graduate certificate / honours degree (or equivalent).

OR

An Australian bachelor degree (or equivalent) in a STEM or business area that includes an advanced unit on econometrics or statistics or equivalent and two years relevant professional experience*.

*Applicants applying on the basis of work experience are required to provide a detailed curriculum vitae, outlining their employment history and professional experience.

Applicants who have completed relevant discipline units in an Australian bachelor degree (or equivalent qualification) may be exempted from undertaking advanced preparatory units and will be able to choose an alternative unit, in consultation with the Course Director.

English requirements

Applicants must also meet the English language requirements.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

The course structure and progression map can be viewed in the Handbook.

Partner with another course

Double degree courses allow you to study towards two different degrees at the same time, and graduate with two separate qualifications. And because a required subject in one course can count as an elective in the other, our double degrees take up to two years less than if you studied for the two degrees separately.

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B6036.

Apply

Semester two (July)

Apply directly to Monash using course code B6036.

Apply

Current Monash students

You may apply to transfer from another Monash course. Transfers are a competitive process. You may apply mid-year for available courses however consideration will be given as to whether you will be able to follow your course progression.

Please note that if you apply for a course transfer, you should still enrol in your current course as if you were continuing so as not to jeopardise your enrolment in the Faculty if your transfer application is unsuccessful. More about Course Transfer.

Self assess for credit eligibility

Check for study credit using the "Credit search" link on the Credit for prior study page.

Fees

Fees are subject to change annually.

Full fee

Fees are per 48 credit points which represents a standard full-time course load for a year. The fees for 2026 are:

A$38,000

Fee assistance

As a full fee-paying student, you may be eligible to apply for the optional FEE-HELP to assist you to pay all or part of your tuition fees.

Scholarships

We offer over 360 types of scholarships, valued at up to $280,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.

Other costs and fees

For information on other study costs and fees, see other study costs.