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QS Rank:

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37

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Monash University Clayton Campus

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Victoria

Australia

The Bachelor of Economics at Monash University is a comprehensive program that explores the principles economies are built on and analyzes decisions in a commercial context. Offered by the Faculty of Business and Economics, this program focuses on developing analytical thinking, logical problem-solving, and informed commercial decision-making skills. Students learn about the tools, policies, and theories that form the foundation of modern economics and apply their analytical skills to various specializations. The curriculum allows students to explore economic issues such as inequality, resource allocation, and government economic policy using theoretical and empirical tools, including econometric methods to estimate and test models.
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Total Tuition Fees

$1,47,600

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Duration

36 Months

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Median Salary

$60,000

Ranking

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#64

The World University Rankings

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#37

QS World University Rankings

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Intake

Fall ( Sept - Nov )

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Spring ( Apr - June )

Class Profile

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Class Size

250

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Average Age

20

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Average Work Experience

0 Years

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International Students

28

Career Outcomes

Graduates of the Bachelor of Economics program are well-prepared for diverse careers in sectors that demand strong analytical and problem-solving skills. They can apply their understanding of economic principles and quantitative methods to analyze market trends, inform policy decisions, and drive strategic growth in various organizations.
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Median Earnings After Graduation

$60,000 / year

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Job Placement

80%

Prospective Job Roles

Policy Advisor

Financial Analyst

Data Analyst

Market Research Analyst

Econometrician

Economic Consultant

Top recruiters

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Eligibility Criteria

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At least 3.0 / None undergraduate GPA is expected.

English Proficiency Tests

  • IELTS

    6.5

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  • PTE

    58

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  • TOEFL

    79

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  • Duolingo

    120

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 125

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    Transcript

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    Resume

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    English Proficiency Test

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    Resume

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    Passport

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    Academic LOR

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    General LOR

Application Deadlines

Application DeadlineOffer Acceptance Deadline
SpringSep 30, 2026N/A
FallN/AMay 31, 2027

Fees and Funding

Tuition covers teaching and access to university facilities. Additional student services and amenities fees (SSAF) of AUD 373 per year are applicable. Overseas student health cover is AUD 1,021 per year.
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Tuition Fees

$49,200 / year

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Overall Cost

$70,594 / year

Funding Options

Merit Scholarship

Need-Based Aid

Scholarship

Scholarships

Merit-Based Scholarships - Awarded based on academic performance and achievements.; Equity Scholarships (Need-Based Grants) - Designed to support students facing financial difficulties or from disadvantaged backgrounds.; International Student Scholarships - Aimed at reducing the financial burden for international students.; Program-Specific Scholarships - Available for students enrolled in specific courses or fields of study.; Monash Undergraduate Scholarship (example) (AUD 15,000) - Provides AUD 15,000 per 48 credit points (approximately per year) towards tuition fees, for up to four years. All students are automatically assessed; no application is required.; Monash Undergraduate Scholarship (example - total) (AUD 50,000) - Some scholarships can provide up to AUD 50,000 for the duration of the course.
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    International Student Scholarships

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    Merit-Based Scholarships

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    Equity Scholarships (Need-Based Grants)

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    Program-Specific Scholarships

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    Monash Undergraduate Scholarship (example)

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    Monash Undergraduate Scholarship (example - total)

FAQs

  • A student can complete Economics at Monash University, Melbourne with in 36.
  • The application fee to pursue Economics at Monash University, Melbourne is AUD 100 for international students.
  • If a student fulfils all the eligibility criteria and admission requirements of Monash University, Melbourne, they can easily pursue Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at Monash University, Melbourne can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Monash University, Melbourne website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at Monash University, Melbourne by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
  • The annual tuition fee to pursue Economics at Monash University, Melbourne is AUD 49200.
  • The submission of these scores mainly depends on the type of degree/ course selected at the Monash University, Melbourne. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Monash University, Melbourne requirements before submitting a score.
  • Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

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