Graduate Diploma in Economics (CRICOS course code 006319F) is a Graduate Diploma delivered by University of New England over 1 year 2 months (~60 weeks). This AQF Level 8 course is designed for international students seeking advanced knowledge in economic theory, quantitative analysis, and policy evaluation. Located in Armidale, New South Wales, the program combines rigorous academic training with the benefits of studying at a respected government university. As a CRICOS-registered provider (00003G), University of New England meets Australian Government standards for international education. The course is ideal for graduates aiming to enhance their career prospects in economics, finance, or government, or as a pathway to a master's degree. All listed providers on HeadStart Academy are CRICOS-registered, and data is sourced from the official CRICOS register as at April 2026. Fees shown are indicative and subject to change; always confirm with the provider. HeadStart Academy is a free resource with no referral fees, helping you navigate over 26,000 courses across Australia.
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The Graduate Diploma in Economics falls under the field of Economics and Econometrics (091901). At this level, students develop a deep understanding of microeconomic and macroeconomic principles, econometric methods, and applied economic analysis. The curriculum typically covers advanced topics such as cost-benefit analysis, labour economics, international trade, and monetary policy. Graduates gain skills in data interpretation, critical thinking, and policy evaluation, preparing them for roles in the public and private sectors. While individual subjects vary by institution, the focus is on building analytical capabilities relevant to real-world economic challenges. This qualification is particularly valuable for those seeking employment as economic analysts, policy advisors, or financial consultants. It also serves as a foundation for further research or higher-level study. University of New England's program emphasises independent study and research-based learning, aligned with the expectations of a graduate diploma. Students benefit from access to academic resources and a supportive learning environment in a regional setting.
The Graduate Diploma in Economics is scheduled for 1 year 2 months (~60 weeks) as recorded on the CRICOS register. The language of instruction is English, and the course is a single qualification with no dual options. There is no mandatory work component, but international students on a Subclass 500 visa may work up to 48 hours per fortnight during term and unlimited hours during scheduled breaks. Study is full-time and on-campus at University of New England in Armidale, NSW. The duration is designed to provide an intensive yet manageable progression, allowing students to complete the program efficiently and transition to employment or further study. It is important to note that the CRICOS duration reflects the minimum time for completion; individual progress may vary based on academic performance and enrolment patterns.
The indicative tuition fee for the Graduate Diploma in Economics is A$34,176, with non-tuition fees estimated at A$3,000, bringing the total to approximately A$37,176. These figures are sourced from the CRICOS register as at April 2026 and are set by University of New England. Please note that fees are subject to change and may vary each intake. The total does not include Overseas Student Health Cover (OSHC), living expenses, or the visa application charge. OSHC is mandatory for international students and costs roughly A$500–A$700 per year for single cover. Living costs in Armidale are generally lower than in major cities; indicative weekly expenses are around A$300–A$400 for rent, A$80–A$120 for groceries, and A$20–A$40 for public transport. We recommend confirming the latest fee schedule directly with University of New England before applying.
Applicants for the Graduate Diploma in Economics typically need a bachelor's degree or equivalent qualification from a recognised institution. The English language requirement is an overall IELTS score of 5.5 to 6.0 (or equivalent), though specific bands may vary. Some students may need to meet additional prerequisites, such as prior studies in economics or mathematics. If you do not meet direct entry requirements, foundation or pathway programs may be available through University of New England or partner colleges. Always check the provider's official website for the most accurate and up-to-date entry criteria. HeadStart Academy recommends preparing all academic transcripts and English test results well in advance of the application deadline.
This course does not include a mandatory work component. However, international students holding a Subclass 500 student visa are permitted to work part-time: up to 48 hours per fortnight during study periods and unlimited hours during scheduled breaks. This provides an opportunity to gain Australian work experience and supplement living costs. It is important to balance work and study to maintain satisfactory academic progress. Visa conditions must be strictly followed; any breach could affect your visa status. For detailed work rights information, refer to the Department of Home Affairs or consult a registered migration agent.
The Graduate Diploma in Economics is delivered exclusively at University of New England's campus in Armidale, New South Wales. Armidale is a regional city in the New England region, known for its educational institutions and high student population. The city offers a relaxed lifestyle with lower living costs compared to Sydney or Melbourne. Public transport includes local buses, and the campus is accessible by foot or bike. Armidale has a range of accommodation options, from on-campus residences to private rentals. The region experiences four distinct seasons, so students should prepare for cool winters. With several registered providers in the area, Armidale is a strong choice for international students seeking a focused study environment.
International students must hold a Student visa (Subclass 500) to study this course on a full-time basis. The visa application requires a Confirmation of Enrolment (CoE) from the provider, evidence of genuine temporary entrant (GTE) status, sufficient financial capacity to cover tuition, living costs, and OSHC, and compliance with health and character requirements. Student work rights are as described above. Additionally, all CRICOS-registered courses come with protections under the Education Services for Overseas Students (ESOS) Act, ensuring tuition assurance and refund policies. OSHC is mandatory; you can arrange it through your provider or independently. For personalised advice, consult a registered MARA agent or the Department of Home Affairs. HeadStart Academy provides general guidance only and does not offer migration advice.
Applying for this course involves three key steps. First, research CRICOS-registered providers to ensure the course and institution meet your needs. You are already on the right track with this Graduate Diploma in Economics at University of New England. Second, apply directly to University of New England through their admissions portal. Prepare your academic transcripts, English language test results (e.g., IELTS), and any other required documents. Check application deadlines and entry requirements carefully. Third, upon receiving a letter of offer and accepting it, the university will issue a Confirmation of Enrolment (CoE). With the CoE, you can then apply for your Student visa (Subclass 500) via the Department of Home Affairs. Ensure you also arrange OSHC and provide evidence of financial capacity. Start the process early to allow time for visa processing.
Ready to take the next step? Visit University of New England's website to check current fees and entry requirements, and begin your application for the Graduate Diploma in Economics.
Graduate Diploma in Economics is a CRICOS-registered programme at University of New England. Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.