QS Rank:

43

University of New South Wales, Sydney

New South Wales
,Australia

Program Name
Master's in Economics
Overview

The Master's in Economics program at the University of New South Wales, Sydney is a premier choice for students seeking to deepen their understanding of economic theories, quantitative methods, and the global economic landscape. This master's program is designed to equip students with a robust theoretical foundation while also emphasizing practical application through case studies and real-world economic analysis. The curriculum is structured to address contemporary economic issues, fostering critical thinking and analytical skills essential for effective decision-making in various economic sectors.
The program spans over a duration of 12 months, providing students with an intensive yet comprehensive educational experience. Throughout the program, students will engage with a diverse array of subjects including microeconomics, macroeconomics, econometrics, and public policy. Specialized courses are available, allowing students to tailor their educational journey according to their career aspirations. Additionally, the program emphasizes the importance of research, providing students with numerous opportunities to engage in groundbreaking projects that contribute to the field of economics.
Faculty members at the School of Business are renowned experts in their respective fields, bringing a wealth of knowledge and real-world experience to the classroom. They employ innovative teaching methodologies that encourage active participation and collaboration among students. This approach not only enhances learning outcomes but also prepares students for the dynamic challenges of the global economy. Students are encouraged to think critically and to question established norms, thereby cultivating a spirit of inquiry and exploration.
Research opportunities are abundant within the program, with access to state-of-the-art resources and facilities that facilitate a comprehensive investigative experience. Students can collaborate on research projects alongside faculty members, gaining invaluable insights and contributing to significant economic research. This hands-on experience is instrumental in preparing students for both academic and industry roles upon graduation.
Additionally, the University maintains strong connections with various industries and organizations, providing students with exceptional internship opportunities. These connections are not only beneficial for gaining practical experience but also for establishing a professional network that will be advantageous in their future careers. Graduates of the program are highly sought after, with many finding positions in esteemed organizations both locally and internationally, ranging from governmental agencies to multinational corporations.
Why Study Economics at University of New South Wales, Sydney
- A popular choice for international students, fostering a rich, diverse community that enhances cross-cultural understanding and collaboration.
- Learn from world-class faculty members who are leaders in economic research, and have the opportunity to serve as their research assistants, gaining hands-on experience and mentoring.
- Access to high-end labs and research facilities that support innovation and practical learning, ensuring students are equipped with the necessary tools to excel in their studies.
- Comprehensive placement programs designed to connect students with leading employers, facilitating smooth transitions into the workforce after course completion.
- Engaging curriculum that integrates theoretical knowledge with practical application, focusing on solving real-world economic problems.
- Opportunities to participate in international conferences and workshops, broadening students' horizons and enhancing their academic and professional networks.
The program's rigorous curriculum encompasses essential courses like Advanced Microeconomics, Advanced Macroeconomics, and Econometric Analysis, providing students with a deep understanding of economic principles and their application in real-life scenarios. Students will also explore specialized electives that cover topics such as Behavioral Economics, Development Economics, and International Trade, allowing them to focus their studies on areas of personal interest or professional relevance.
Admission into the Master's in Economics program is competitive, requiring a strong academic background, particularly in mathematics and statistics. Candidates must submit official transcripts along with an academic letter of recommendation and a current resume outlining relevant experiences. The university prides itself on attracting a diverse group of students, contributing to a rich learning environment where different perspectives can be shared and explored.
Alumni of the program have gone on to achieve remarkable success in various sectors, including finance, education, and public policy. Many graduates have secured positions as policy analysts, economists, financial analysts, and data scientists in reputable organizations worldwide. Their experiences illustrate the value of the education received at the University of New South Wales and the strong professional networks cultivated during their studies.
In conclusion, the Master's in Economics at the University of New South Wales, Sydney is more than just an academic program; it is a transformative journey that prepares students for impactful careers in economics. With an emphasis on practical learning, research opportunities, and industry connections, students are set up for success in a rapidly evolving global landscape. Opting for this program means investing in a future filled with potential and opportunity.

Duration
12 Months

Median Salary
$75,000
Ranking
#51
US World and News Report
#43
QS World University Rankings
Class Profile

Class Size
200

Average Age
25

Average Work Experience
2 Years
Diversity
Others:
2%Western Australia:
10%South Australia:
5%Tasmania:
2%Victoria:
30%Queensland:
20%New South Wales:
31%Career Outcomes

Median Earnings After Graduation
$75,000 / year
Prospective Job Roles
Statistician
Economist
Teacher
Financial Analyst
Quantitative Analyst
Data Scientist
Policy Analyst
Researcher
Actuary
Consultant
Top recruiters








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.
Transcript
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$49,240 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
Dean's International Scholarship
FAQs
- A student can complete Economics at University of New South Wales, Sydney with in 12.
- The annual tuition fee to pursue Economics at University of New South Wales, Sydney is AUD 49240.
- The submission of these scores mainly depends on the type of degree/ course selected at the University of New South Wales, Sydney. 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 University of New South Wales, Sydney 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
- If a student fulfils all the eligibility criteria and admission requirements of University of New South Wales, Sydney, 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 University of New South Wales, Sydney can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of New South Wales, Sydney website to check the course/ degree duration.
- One can apply for scholarships to pursue their international education at University of New South Wales, Sydney 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.
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