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QS Rank:

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293

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University of Tasmania

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Tasmania

Australia

The Bachelor's in Economics at the University of Tasmania is a prestigious program that consistently draws interest from a diverse group of students globally. This program is carefully designed to provide students with a robust foundation in economic principles while also delving into advanced concepts that govern economic behavior and decision-making. With the world increasingly becoming interconnected, the need for adept economists who can analyze data, understand market dynamics, and contribute to policy-making has never been more crucial. The program offers a comprehensive curriculum, integrating both theoretical frameworks and practical applications to prepare students for a dynamic career landscape.

The curriculum encompasses a broad range of topics, including but not limited to microeconomics, macroeconomics, econometrics, and international economics, equipping students with the analytical tools necessary to assess economic issues. Core courses such as "Principles of Economics," "Intermediate Microeconomic Theory," and "Applied Econometrics" form the backbone of the program, ensuring that students acquire relevant skills that are sought after by employers. In addition to core courses, students are encouraged to explore elective options, which allow for a tailored educational experience that aligns with individual career goals and interests.

One of the distinguishing factors of the Bachelor's in Economics at the University of Tasmania is its commitment to a practical learning approach. The program emphasizes experiential learning through case studies, group projects, and real-world economic problem-solving. Additionally, students have access to state-of-the-art facilities and resources, including advanced simulation software and economic modeling tools. The faculty comprises experienced professionals and scholars who bring a wealth of knowledge and industry expertise to the classroom. Their teaching methodology combines traditional lectures with innovative pedagogical techniques, encouraging critical thinking and allowing students to engage deeply with the material.

The University of Tasmania prides itself on fostering a rich research environment. Students enrolled in the Bachelor's in Economics have opportunities to participate in various research projects alongside faculty members. The university's research centers focus on topics such as environmental economics, labor markets, and regional development, providing a platform for students to engage in meaningful research while gaining valuable insights. Furthermore, the university collaborates with industry partners, which opens up pathways for internships and networking opportunities that can significantly enhance students' employability upon graduation.

As students progress through the program, they will also benefit from the university's extensive industry connections. The University of Tasmania has established partnerships with leading firms and organizations, facilitating internship placements where students can apply their knowledge in real-world settings. Graduates of this program find themselves well-prepared for a multitude of career pathways, such as economists, financial analysts, market researchers, and policy advisors, among others. The median base salary for graduates stands at a competitive AUD 50,000, reflecting the strong demand for economics professionals in various sectors.

Why Study Economics at University of Tasmania

  • Top-notch Faculty: Learn from experienced educators and industry practitioners who are dedicated to student success.
  • Comprehensive Curriculum: Engage with a curriculum that balances theoretical knowledge with practical application, preparing you for real-world challenges.
  • Research Opportunities: Participate in cutting-edge research that aligns with your interests and career aspirations, guided by experts in the field.
  • Industry Connections: Leverage the university's strong ties with businesses and organizations for internships and career opportunities.
  • Diverse Career Pathways: Graduate with the skills needed for a range of roles in various sectors, including finance, policy analysis, and consulting.
  • Global Recognition: Earn a degree that is respected worldwide, opening doors to international job opportunities.
  • Merit-based Scholarships: Explore various scholarship opportunities based on academic merit and financial need to support your education.

The Bachelor’s in Economics program at the University of Tasmania not only provides a solid academic foundation but also emphasizes skill development, ensuring that graduates emerge as well-rounded professionals ready to take on the challenges of the economic landscape. The program's strong emphasis on employability extends beyond classroom learning, integrating internships and industry partnerships that foster essential networking opportunities.

Admission to this program requires prospective students to complete Year 12 or its equivalent and achieve a minimum of 50% in English and Mathematics. Furthermore, completion of at least two units in Economics or a related subject is necessary. Students with a lower ATAR may be considered based on relevant vocational education and training qualifications or other experiences that demonstrate their potential.

Language proficiency is equally important for international students, and the university requires a minimum score in standardized tests such as IELTS, TOEFL, or PTE. For example, a minimum IELTS score of 6.0 is necessary, with no band less than 6.0. This requirement ensures that all students can engage with the curriculum effectively, fostering an inclusive learning environment.

The University of Tasmania stands out for its commitment to providing a well-rounded educational experience that prepares students for the future. With a focus on innovation, research, and employability, the Bachelor's in Economics is more than just a degree; it is a pathway to a successful and fulfilling career. Whether you aspire to work in government, the private sector, or academia, the skills and knowledge gained through this program will empower you to make a significant impact in the field of economics.

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Duration

36 Months

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Median Salary

$50,000

Ranking

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#303

US World and News Report

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#293

QS World University Rankings

Class Profile

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Class Size

150

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Average Age

20

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Average Work Experience

0 Years

Diversity

Australia:

60%

New Zealand:

10%

China:

5%

India:

4%

United States:

3%

Others:

20%

Career Outcomes

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Median Earnings After Graduation

$50,000 / year

Prospective Job Roles

Statistician

Economist

Operations Analyst

Market Researcher

Financial Analyst

Accountant

Investment Banker

Quantitative Analyst

Risk Analyst

Data Scientist

Business Analyst

Policy Analyst

Researcher

Underwriter

Tax Accountant

Analyst

Trader

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • TOEFL

    72

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  • IELTS

    6

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  • PTE

    50

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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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    Academic LOR

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Application Deadlines

Fees and Funding

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Tuition Fees

$32,046 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The University of Tasmania offers a variety of scholarships for undergraduate students studying economics. These scholarships are based on academic merit, financial need, or a combination of both. The university also offers scholarships from external organizations, such as the Australian government and private companies.

FAQs

  • A student can complete Economics at University of Tasmania with in 36.
  • The annual tuition fee to pursue Economics at University of Tasmania is AUD 32046.
  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Tasmania. 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 Tasmania 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 Tasmania, 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 Tasmania 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 Tasmania website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at University of Tasmania 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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