Global Business and Applied Econometrics - B6045
Master's degree/Master's degree
There are all kinds of forces and factors that influence the global business landscape. To better know how to prepare for and navigate through some of these phenomena, business has drawn on the power of empirical data modelling to second-guess the future. This takes the expertise of professionals with an advanced understanding of econometrics – and the ways quantitative data can lead to innovative solutions.
Throughout this two-year double masters’ degree, you’ll gain an advanced understanding of the analytical and technical skills needed to apply econometric thinking to a number of global business challenges. As you build this skillset, you’ll also develop a deeper understanding of the contemporary challenges global businesses face today opening all kinds of opportunities for a more impactful career.
To understand the course structure, please refer to the table below. For comprehensive unit information, click on the Course Handbook button.
The program will build on your current study and work experience, so you become more familiar with the latest econometric, statistical and data analytics tools. You’ll enhance your skillset to offer data-driven solutions that address industry challenges in areas including economics, finance, risk analysis and forecasting – and more broadly in areas such as health, poverty, energy and climate change.
Complementing your expertise in quantitative modelling, forecasting and data will be the global insight that’s so essential for a rewarding international career. So by the time you complete both degrees, you’ll have deepened your understanding of the economic, social and political factors affecting businesses around the globe – and be more capable of using your quantitative, analytical skills to uncover opportunities for change and progress.
Ready to tap into the power of data to drive real change in the world – and in your career?
At a glance
Course Details
Location |
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Duration |
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Start date |
First semester (February) and Second semester (July) |
Qualification |
Master of Applied Econometrics, Master of Global Business |
Entry Requirements
You need to satisfy the following entrance requirements to be considered for entry to this course.
Minimum Entry Requirements (International students)
Qualifications
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.
English entry requirements
Level A
| IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0 | or | Pearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50 | or | TOEFL iBT: 0 - 120 scale: 1 - 6 scale: | or |
Courses that require English Level A only: Other approved English tests (minimum entry scores apply) Courses with English Level B, C, D, E and F: Other approved English tests (higher entry scores apply than specified) |
University entrance requirements
Minimum entrance requirements for admission to Monash University Australia.
The course structure and progression map can be viewed in the Handbook.
Making the application
Future students
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.
International fee
Fees are per 48 credit points which represents a standard full-time course load for a year. The fees for 2026 are:
A$59,900
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.
Enrolment Obligations
International students enrolling in a CRICOS-registered course can study no more than one third (33%) of their course by distance and/or online learning. Students must enrol in at least one unit that is not by distance and/or online in each compulsory study period unless the student is completing the last unit of their course. See standard 8.19 and 8.20 of National Code of Practice for Providers of Education and Training to Overseas Students 2018.
CRICOS code: 112894C
International course guides
If you are an international student and wish to find out more about our courses, entry requirements, studying at Monash and more, please download our international course guides below.
International Study Grants
