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About the course
This specialist program focuses on the practical application of advanced econometric modelling techniques for analysing economic data and real-world policy and business problems. It emphasises workplace-relevant tools and software used by professional econometricians, with opportunities to build practical experience through internship and practicum options. The curriculum includes core areas such as forecasting and data wrangling/visualisation, with electives spanning fields like finance, trade and logistics.
What you might learn
Students develop advanced applied econometrics capability, learning how to model, forecast and interpret economic relationships using modern statistical and computational methods. The course builds proficiency in handling and visualising complex datasets and applying econometric reasoning to answer real-world economic questions. It also supports specialisation through electives and a potential specialist research report aligned to career goals.
Career outcome
Graduates can pursue roles requiring quantitative economic and data analysis skills across government, consulting, central banking, finance and broader industry. The training supports careers such as econometrician, economist, policy analyst, data/analytics specialist and forecasting analyst. Skills in modelling, big-data-oriented analysis and applied forecasting are relevant to organisations working on macroeconomic analysis, market/industry studies and evidence-based decision-making.
Entry requirements
Aimed at students with a background in economics, analytics or mathematics (including some statistics). English language requirements: IELTS 6.5 with no band less than 6.0.
Living Costs in Melbourne**
Restaurant (Meal, Inexpensive Restaurant) A$ 15 - 20 |
Rent per Month (1 bedroom in City Centre) A$ 1,583 - 2,094 |
Rent per Month (1 bedroom Outside of Centre) A$ 1,207 - 1,596 |
Transportation (Daily) A$ 7 - 9 |
Utilities per Month (Electricity, Mobile & Internet) A$ 240 - 318 |
Average Salary***
