Master of Philosophy (Business and Economics) (CRICOS course code 056664G) is a Masters Degree (Research) delivered by Macquarie University (Macquarie) over 2 years. This research-intensive program falls under the field of Economics and Econometrics (091901), allowing students to delve deep into economic theory, quantitative methods, and business applications within a supportive academic environment. Macquarie University, a CRICOS-registered government institution (00002J), is renowned for its strong research culture and industry connections, particularly at its Wallumattagal Campus in North Ryde, Sydney. Australia offers over 26,000 CRICOS-registered courses across 1,556 providers, and this course is an excellent choice for those seeking a globally recognised qualification in business and economics. As a CRICOS-registered course, it meets the standards for international student enrolment, with all rights and protections under the ESOS Act. HeadStart Academy provides this information as a free resource, with data sourced directly from the official CRICOS register (April 2026). Whether you are aiming for a career in academia, policy, or corporate strategy, this course equips you with advanced analytical and research skills valued by employers worldwide.
Master of Philosophy (Business and Economics) (CRICOS course code 056664G) is a Masters Degree (Research) delivered by Macquarie University (Macquarie) over 2 years (104 weeks). It is classified under field of education 091901 – Economics, at AQF Level 9. As a research degree, candidates undertake a significant independent research project culminating in a thesis, under the supervision of experienced academic staff. This program is ideal for students who want to deepen their understanding of economic and business challenges and develop skills in critical analysis, data interpretation, and scholarly writing. Macquarie University is a public institution located in Sydney, New South Wales, and is listed on CRICOS as provider 00002J. All CRICOS-registered courses guarantee that international students receive the same quality of education as domestic students, backed by the ESOS Act protections.
While specific curriculum details are determined by Macquarie University, students in this field typically engage in advanced economic theory, econometrics, microeconomics, macroeconomics, and specialised topics such as behavioural economics, financial economics, or international trade. The research component allows you to focus on a chosen area, such as economic policy, business strategy, or labour economics. Graduates emerge with strong analytical and problem-solving skills, capable of conducting independent research and contributing to evidence-based decision-making in both public and private sectors. The course is delivered in English, with a strong emphasis on academic writing and quantitative methods.
The CRICOS register shows a duration of 2 years (104 weeks). Instruction is in English, and this is a single qualification – no dual awards or foundation studies are included. Students are expected to engage in full-time research, with access to university facilities including libraries, research centres, and supervision meetings. The course is campus-based at Macquarie University's Wallumattagal Campus, though some research activities may be conducted off-site with approval.
Tuition fees for this course are indicatively A$80,400 total, with no non-tuition fees listed on the CRICOS register. This amount does not include Overseas Student Health Cover (OSHC), living expenses, or the visa application charge. According to the Department of Home Affairs, international students should budget approximately A$29,000 per year for living costs in Sydney, though actual costs vary. Always confirm current fees directly with Macquarie University (www.mq.edu.au) as they are subject to change. HeadStart Academy sources fee data from the official CRICOS register (April 2026) and does not guarantee amounts.
Entry requirements are set by each institution. For a research master's in this field, you typically need a bachelor's degree (AQF Level 7) in a relevant discipline, such as economics, business, or a related field, with a strong academic record. English language proficiency is required; for research degrees, universities often ask for IELTS 6.5–7.0 overall (or equivalent). Some applicants may need to submit a research proposal and undergo an interview. Foundation or pathway options are not available for this course – refer to Macquarie University for specific prerequisites. International students must meet GTE requirements and demonstrate financial capacity.
No work component is included in this course. The CRICOS register indicates no mandatory work component, meaning the program is purely academic research. However, as a student visa holder, you may work up to 48 hours per fortnight during term and unlimited hours during scheduled breaks, subject to visa conditions. Part-time work can help offset living costs and provide valuable experience.
This course is delivered at Macquarie University Wallumattagal Campus at North Ryde – Macquarie University, NSW. The campus is located in Sydney's north-west, about 15 km from the city centre, and is well connected by public transport including the Macquarie University Metro Station (Sydney Metro North West line) and bus routes. Sydney is home to over 200,000 international students and offers a diverse cultural experience. Living costs in Sydney are higher than the national average; indicative weekly rent for a student can range from A$250 to $500 for shared accommodation or on-campus housing. Groceries and transport add approximately A$200–300 per week. The ESOS Act ensures your protection as an international student.
International students must hold a Student visa (Subclass 500) to study this course in Australia. To be eligible, you need a Confirmation of Enrolment (CoE) from Macquarie University, meet the Genuine Temporary Entrant (GTE) requirement, arrange Overseas Student Health Cover (OSHC), and demonstrate sufficient funds for tuition, living costs, and travel. Student visa holders can work 48 hours per fortnight during term and unlimited hours during scheduled breaks. Always check current visa conditions on the Department of Home Affairs website (homeaffairs.gov.au). HeadStart Academy recommends consulting a registered migration agent (MARA) for personalised immigration advice.
Applying for Master of Philosophy (Business and Economics) at Macquarie University (Macquarie) involves a straightforward three-step process: 1. Research CRICOS-registered providers – Use HeadStart Academy's course search to filter by course level (Masters Degree (Research)), field (Economics and Econometrics), and location (NSW). Compare providers like Macquarie University (CRICOS 00002J) to find the best fit. 2. Apply directly to your chosen institution – Prepare your academic transcripts, English language test results, a research proposal, and any required supporting documents. Check Macquarie University's application deadlines and submit through their online portal. Make sure you meet the entry requirements before applying. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500) – Once accepted, Macquarie will issue a CoE. With that, apply for your visa via the Department of Home Affairs, arrange OSHC, and demonstrate financial capacity. Don't forget to plan for arrival and orientation.
Ready to pursue your Master of Philosophy (Business and Economics) at Macquarie University? Start your research on HeadStart Academy today and take the first step towards your Australian study adventure.
Master 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.