Doctor of Philosophy (Business and Economics) (CRICOS course code 021502D) is a Doctoral Degree delivered by Macquarie University (Macquarie) over 3 years. This AQF Level 10 program, registered under field of education 091901 Economics, prepares international students for advanced research careers in economics, econometrics, and business. As a CRICOS-registered provider (00002J), Macquarie University ensures compliance with Australian Government standards, giving you confidence in the quality of your education. HeadStart Academy provides this detailed guide to help you understand the course structure, fees, entry requirements, and visa pathways. All data is sourced from the official CRICOS register as at 1 April 2026, covering over 26,000 courses across more than 1,500 providers. Let's explore what this PhD programme offers.
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This doctoral degree is classified under the broad field of Society and Culture (09), specifically in Economics and Econometrics (0919). The course is designed to develop independent researchers who can contribute original knowledge to the fields of business and economics. While specific syllabi vary by supervisor and research proposal, typical learning outcomes include advanced quantitative and qualitative research methods, critical analysis of economic theories, and the ability to produce a substantial thesis. Graduates often pursue careers in academia, government policy, financial institutions, or international organisations. The research-intensive nature of this PhD means you will work closely with a supervisor to design, execute, and communicate your research findings. Australia has over 1,500 CRICOS-registered providers offering more than 26,000 courses, but doctoral programs are particularly rigorous and require a strong prior academic record.
The Doctor of Philosophy (Business and Economics) is a 3-year (156 weeks) full-time program, as recorded on the CRICOS register. The language of instruction is English. It is a single qualification (not a dual award) and does not include foundation studies or a VET component. Students are expected to engage in full-time research, with regular meetings with supervisors and progress reviews. Part-time options may be available but are not reflected in the CRICOS listing; international students on a Student visa (Subclass 500) are generally required to study full-time. Macquarie University offers a supportive research environment with access to libraries, databases, and research training workshops.
The indicative tuition fee for this course is A$123,000 total, with no additional non-tuition fees listed on the CRICOS register. The estimated total cost is therefore A$123,000. Please note: these fees are indicative, sourced from the CRICOS register as at April 2026, and are subject to change. Macquarie University (Macquarie) sets the actual fees — always verify current fees on their website (www.mq.edu.au). This amount does not include Overseas Student Health Cover (OSHC), living costs, or the visa application charge. For indicative living expenses, Sydney (where Macquarie's campus is located) typically costs around A$600–900 per week for rent, food, and transport. International students should budget for OSHC at approximately A$600–800 per year, and the visa application fee is currently A$1,600. HeadStart Academy provides this information as a guide only.
International applicants should have a strong academic background, typically a Master's degree (AQF Level 9) or a Bachelor's with Honours (AQF Level 8) in a related field such as economics, finance, or business. English language proficiency is demonstrated through tests such as IELTS, with a typical requirement of 6.5–7.0 overall (no band below 6.0–6.5). Other tests like TOEFL or PTE may also be accepted — check with Macquarie University. Foundation or pathway options are not indicated for this doctoral level; however, some applicants may complete a Master's by Research first. Always consult the provider's website for precise entry criteria, as requirements can vary by research area. If you need visa advice, consult a registered migration agent (MARA) or visit the Department of Home Affairs.
No work component. This course does not include a mandatory work component. International students on a Student visa (Subclass 500) may undertake part-time work (48 hours per fortnight during term and unlimited during scheduled breaks) but this is not part of the course requirements. The PhD is a research-intensive programme, so most of your time will be dedicated to your thesis.
This course is delivered entirely at Macquarie University Wallumattagal Campus at North Ryde — Macquarie University, NSW. Located in Sydney's north-west, the campus is well-served by public transport, including the Macquarie University Metro station and numerous bus routes. Sydney is home to over 20 CRICOS-registered providers offering hundreds of courses, making it a vibrant study destination. Living costs in Sydney are relatively high, with an indicative weekly rent of A$400–700 for a one-bedroom apartment plus groceries and transport. The campus offers modern research facilities, libraries, and student support services tailored for international students.
To study this course, you will need a Student visa (Subclass 500). Key requirements include: genuine temporary entrant (GTE) criteria, financial capacity to cover tuition, living costs, and OSHC, and enrolment in a CRICOS-registered course. Your work rights: 48 hours per fortnight during term and unlimited during scheduled breaks. OSHC is mandatory — it covers medical and hospital costs. HeadStart Academy does not provide immigration advice; please consult a registered migration agent or the Department of Home Affairs for your situation. As a CRICOS-registered provider, Macquarie University must comply with the ESOS Act 2000, which protects your rights as an international student, including access to support services and tuition protection.
Sydney is one of Australia's most multicultural cities, with a large international student community. Over 200,000 international students study in NSW. The cost of living is higher than in other Australian cities, but job opportunities and public transport are excellent. Consider your budget, climate preferences, and lifestyle. Macquarie University's Wallumattagal Campus offers a suburban setting with easy city access. If you prefer a quieter environment, other providers in smaller cities might suit you. HeadStart Academy helps you compare over 26,000 courses across all states to find the right fit.
Ready to take the next step? Research CRICOS-registered providers, apply to Macquarie University, and secure your Confirmation of Enrolment. HeadStart Academy is here to guide you through every stage.
Doctor of Philosophy (Business and Economics) is a CRICOS-registered programme at Macquarie University (Macquarie). 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.