Master of Applied Economics and Econometrics (CRICOS course code 087954G) is a Masters Degree (Coursework) delivered by Monash University (Monash) over 2 years. This AQF Level 9 course prepares graduates for advanced roles in economic analysis, policy, and research. As a CRICOS-registered program (provider CRICOS 00008C), it meets Australian Government standards for international students. Australia offers over 26,000 CRICOS-registered courses across 1,556 providers, and this course stands out for its applied focus in econometrics. Whether you aim to work in government, finance, or academia, this degree provides rigorous training in economic theory and quantitative methods. All listed providers on HeadStart Academy are CRICOS-registered, ensuring quality education and ESOS Act protections. Data is sourced from the official CRICOS register (April 2026), giving you reliable information to plan your studies.
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The Master of Applied Economics and Econometrics (CRICOS 087954G) is a 2-year full-time coursework master's degree offered by Monash University, a government university in Victoria. The program sits within the field of Economics and Econometrics (091900) and is designed to equip students with advanced skills in economic analysis, statistical modelling, and data-driven decision-making. Graduates typically pursue careers as economists, data analysts, policy advisors, or researchers in both public and private sectors. Monash University is one of Australia's leading research universities, with a strong reputation in economics. As a CRICOS-registered provider (00008C), Monash ensures international students receive quality education protected by the ESOS Act. The course is delivered at two Melbourne campuses: Monash Caulfield in Caulfield East and a city location at 750 Collins St Docklands. Melbourne is Australia's second-largest city, home to over 200,000 international students and hundreds of CRICOS-registered providers. Living costs in Melbourne are estimated at approximately $500-$700 per week for rent, groceries, and transport, though individual expenses vary.
This Masters degree (Coursework) focuses on applied economics and econometrics, blending core economic theory with quantitative methods. Students develop expertise in microeconomics, macroeconomics, econometrics, and data analysis. The curriculum typically covers advanced topics such as time series analysis, forecasting, financial econometrics, and policy evaluation. While specific units are set by the university, the overall aim is to produce graduates who can apply economic reasoning and statistical tools to real-world problems. The field of Economics and Econometrics (091900) is part of the broader Society and Culture discipline (09). At this level, students are expected to engage with complex economic models and interpret empirical evidence to inform decision-making. This program does not include a mandatory work component, but students may seek internships or part-time work during their studies, subject to visa conditions.
According to the CRICOS register, the Master of Applied Economics and Econometrics has a duration of 2 years (104 weeks) full-time. The language of instruction is English. It is a single qualification – no dual degree or combined program is offered. International students must maintain full-time enrolment to comply with Student visa (Subclass 500) conditions. Coursework master's degrees typically involve a combination of lectures, tutorials, seminars, and independent study. Some universities may offer part-time options, but full-time study is standard for international students. Monash University may also provide flexible learning modes, but this information should be confirmed with the provider. As an AQF Level 9 qualification, it sits above bachelor's degrees and below doctoral degrees, providing advanced knowledge and skills.
Tuition fees for this course are indicative and sourced from the CRICOS register as at April 2026. The total tuition fee is A$123,394 for the full 2-year program. Non-tuition fees are listed as A$0, but students should budget for additional costs such as textbooks, materials, and technology. The estimated total is A$123,394, which does not include Overseas Student Health Cover (OSHC), living expenses, or the visa application charge. OSHC is mandatory for international students and typically costs between $500-$700 per year for single cover. Living costs in Victoria are estimated at around $21,041 per year according to the Department of Home Affairs (2026 figures). Visa application fees for Subclass 500 are approximately $710. Always confirm current fees directly with Monash University, as fees are subject to change. HeadStart Academy provides this data as a free resource, but we recommend visiting www.monash.edu.au for the most up-to-date information.
Entry into the Master of Applied Economics and Econometrics typically requires a bachelor's degree in economics or a related field with a strong quantitative component. International students must demonstrate English language proficiency, usually through IELTS scores of 6.5 overall with no band below 6.0, or equivalent (e.g., TOEFL, PTE). Some programs may require a higher IELTS score of 7.0 overall. Applicants should also meet academic entry standards set by Monash University, which may include a minimum GPA or relevant work experience. Foundation or pathway programs may be available for students who do not meet direct entry requirements – contact Monash for options. It is important to note that these are general guidelines; specific requirements can vary. International students should also satisfy the Genuine Temporary Entrant (GTE) criterion as part of their visa application. HeadStart Academy does not provide immigration advice; consult a registered migration agent or the Department of Home Affairs.
This course has no mandatory work component. It is purely coursework-based, meaning students are not required to complete an internship, placement, or work experience as part of the degree. However, many students choose to engage in part-time work during their studies to gain experience and supplement their income. Student visa holders are permitted to work up to 48 hours per fortnight during study periods and unlimited hours during scheduled breaks, subject to visa conditions. Work must not interfere with course requirements. Students should also note that any work undertaken must comply with Australian workplace laws and taxation requirements. While the course itself does not include work-integrated learning, Monash University offers career services and job search support to assist students in finding employment opportunities.
The Master of Applied Economics and Econometrics is delivered at two campuses in Melbourne, Victoria: Monash Caulfield (Caulfield East) and 750 Collins St Docklands (Docklands). Monash Caulfield is located in the eastern suburbs of Melbourne, approximately 12 km from the city centre, and is well-served by public transport including trains, trams, and buses. The Docklands campus is in the Melbourne CBD, close to Southern Cross Station, offering easy access to the city's amenities. Melbourne is a vibrant multicultural city with a large student population. It is home to over 200,000 international students and more than 400 CRICOS-registered providers. Living costs in Melbourne are higher than the national average, with weekly rent for a single room averaging $300-$500, groceries around $150, and public transport about $50. The city offers excellent cultural, recreational, and employment opportunities for students.
International students enrolling in this course will need a Student visa (Subclass 500). Key requirements include: genuine temporary entrant (GTE) assessment, sufficient financial capacity to cover tuition, living costs, and OSHC, and meeting English language proficiency. Student visa holders can work up to 48 hours per fortnight during term and unlimited hours during scheduled holidays. OSHC is mandatory for the duration of the visa – policies can be arranged with approved Australian health insurers. The visa application fee is approximately $710 (as of 2026). Processing times vary; it is advisable to apply well before course commencement. All CRICOS-registered courses, including this one, are covered by the ESOS Act, which provides tuition protection and consumer rights. For detailed visa advice, consult the Department of Home Affairs or a registered migration agent. HeadStart Academy does not provide migration advice but offers general guidance.
Victoria is a top destination for international students, offering world-class education, diverse culture, and strong job markets. Melbourne, the state capital, consistently ranks among the world's most liveable cities. With over 400 CRICOS-registered providers and thousands of courses, students have immense choice. The state excels in fields like economics, finance, and business. Living costs are moderate compared to Sydney, with weekly expenses around $500-$700. Public transport is extensive, with trains, trams, and buses covering the city and suburbs. Victoria's economy is strong, particularly in finance, professional services, and technology, providing good part-time work and graduate opportunities. However, the cost of living can be a challenge for some students. It's important to budget carefully and consider housing options, such as shared accommodation or student housing. HeadStart Academy can help you compare providers and courses in Victoria to find the best fit.
Before committing to the Master of Applied Economics and Econometrics, consider your career goals and whether this applied focus aligns with them. This program is intensive in quantitative skills – you should be comfortable with mathematics and statistics. Also think about location: both campuses are in Melbourne, but one is in the city centre and the other in the suburbs. Consider which environment suits your study preferences. Check the entry requirements carefully, especially English language scores, as they can be a barrier. Budget is another factor: the total indicative fee of $123,394 is significant, and living expenses add to the cost. Explore scholarship opportunities Monash may offer. Finally, ensure you understand visa conditions, including work rights and OSHC requirements. HeadStart Academy provides free resources to help you research, but always verify details with the provider and official sources.
Applying for the Master of Applied Economics and Econometrics at Monash University involves three key steps: 1) Research CRICOS-registered providers – use HeadStart Academy to filter by course level, field (Economics and Econometrics), and city (Melbourne). 2) Apply directly to your chosen institution – visit Monash University's website (www.monash.edu.au) to check entry requirements, submit your academic transcripts, English test results, and other documents. Be mindful of application deadlines, which may vary by intake (usually February and July). 3) Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500). Once Monash issues a CoE, you can apply online through the Department of Home Affairs. Prepare your GTE statement, financial evidence, and OSHC policy. Visa processing can take weeks, so apply early. HeadStart Academy is here to support your research journey, but we do not process applications.
Ready to start your journey? Research similar courses on HeadStart Academy or contact Monash University directly for the latest information.
Master of Applied Economics and Econometrics 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.