Doctor of Philosophy (Faculty of Business & Economics) (CRICOS course code 037832K) is a Doctoral Degree delivered by Monash University (Monash) over 4 years. This PhD program, classified under field of education 091901 (Economics), is designed for candidates who want to make a significant original contribution to knowledge in business and economics. As a CRICOS-registered course (provider code 00008C), it meets Australian Government standards for international students, ensuring ESOS Act protections. Monash University is a prestigious Group of Eight institution with campuses across Victoria. This page provides indicative fees, entry requirements, and application guidance for prospective international students. HeadStart Academy presents this information from the official CRICOS register (April 2026) to help you make informed decisions.
The Doctor of Philosophy (Faculty of Business & Economics) is a research-intensive doctoral program that equips graduates with advanced analytical and critical thinking skills. Students conduct independent research under expert supervision, culminating in a thesis that makes a substantial contribution to the field. The program falls under the broad field of Society and Culture (09), specifically Economics and Econometrics (0919). Graduates typically pursue academic careers, research positions in government or industry, or senior leadership roles. As an AQF Level 10 qualification, it represents the highest level of academic achievement in Australia. International students benefit from Monash University's strong research culture, world-class facilities, and extensive industry connections. The course is offered at three Victorian campuses: Caulfield, Clayton, and Peninsula.
The CRICOS register lists the duration as 4 years (208 weeks). This is indicative of full-time study; actual completion times may vary depending on research progress and individual circumstances. The language of instruction is English, and there is no dual qualification or foundation studies component. Students are expected to dedicate themselves fully to their research. Monash University offers a supportive environment including research training programs, workshops, and access to libraries and laboratories. The single qualification is the Doctor of Philosophy. There is no mandatory work component, though students may undertake casual work subject to visa conditions.
The indicative tuition fee for this course is A$179,359 for the full 4-year program. This is sourced from the CRICOS register as at April 2026 and is set by Monash University. Non-tuition fees are listed as A$0, meaning no mandatory additional fees are recorded in CRICOS, though students should budget for other costs. The estimated total is A$179,359. Note: this does not include Overseas Student Health Cover (OSHC), living expenses, or the visa application charge. Living costs in Victoria vary: rent in Melbourne averages A$300–500 per week, groceries around A$80–150 per week, and public transport approximately A$30–50 per week. Always confirm current fees with Monash University before applying. Fees are indicative and subject to change.
Entry into a Doctoral Degree typically requires a Master's degree or a Bachelor's degree with Honours (AQF Level 8) demonstrating high academic achievement and research capability. For this PhD, Monash University likely requires a relevant background in business, economics, or a related field. English language proficiency is essential: the CRICOS register indicates an IELTS score of 6.5–7.0 overall (no band below 6.0) or equivalent. However, requirements vary by department and research area. Applicants must also submit a research proposal and secure a supervisor. Foundation or pathway options are not applicable for this level. International students should check Monash's website for detailed entry criteria and equivalencies.
This course does not include a mandatory work component. Students are not required to undertake work as part of their studies. However, international students holding a Student visa (Subclass 500) may work up to 48 hours per fortnight during term and unlimited hours during scheduled course breaks, subject to visa conditions. This provides an opportunity to gain experience and offset living costs.
Monash University delivers this PhD program at three campuses in Victoria: Monash Caulfield (Caulfield East, VIC), Monash Clayton (Clayton, VIC), and Monash Peninsula (Frankston, VIC). These campuses are in the Melbourne metropolitan area, home to over 200 CRICOS-registered providers offering thousands of courses. Caulfield and Clayton are well connected by public transport, including train and bus services. Peninsula (Frankston) is further south but accessible via the Frankston train line. Each campus provides dedicated research facilities, libraries, and student support services. Students can choose their primary campus based on supervisor location and research group.
International students enrolling in this CRICOS-registered course will need a Student visa (Subclass 500). This visa requires you to be enrolled full-time in a CRICOS-registered course, demonstrate genuine temporary entrant (GTE) intention, maintain Overseas Student Health Cover (OSHC), and show sufficient financial capacity to cover tuition, living costs, and travel. As of 2025, student work rights allow up to 48 hours per fortnight during study terms and unlimited hours during scheduled breaks. Visa conditions vary; always consult the Department of Home Affairs or a registered migration agent (MARA) for personalised advice. ESOS Act protections apply, including tuition protection and access to complaints mechanisms.
A PhD is a significant commitment—typically 3–4 years of full-time research. Before applying, consider your research interests, career goals, and funding options. Victoria has a vibrant academic community with many universities offering doctoral programs. Monash University is particularly strong in business and economics, with renowned faculty and research centres. Think about location: Melbourne is a multicultural city with a high cost of living but excellent amenities. The choice between campuses may depend on your supervisor's location. Also, ensure you meet English proficiency and academic requirements. A PhD can lead to careers in academia, consulting, or government. Use the CRICOS register to verify all course details and institution registration.
Follow these three steps to apply for Doctor of Philosophy (Faculty of Business & Economics) at Monash University (Monash):
1. Research CRICOS-registered providers: Use the CRICOS register to confirm that Monash University (CRICOS 00008C) is registered and that course 037832K is available. Check entry requirements, deadlines, and research areas.
2. Apply directly to your chosen institution: Prepare your academic transcripts, English test results (e.g., IELTS, TOEFL), a research proposal, and a curriculum vitae. Contact potential supervisors to discuss your project. Submit your application via Monash University’s online portal before the deadline.
3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500): Once accepted, Monash will issue a CoE. Use this to apply for your student visa at the Department of Home Affairs. Provide evidence of OSHC, financial capacity, and GTE. Seek professional migration advice if needed.
Doctor of Philosophy (Faculty of Business & Economics) is a CRICOS-registered programme at Monash University (Monash). 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.