The Master of Research (Business and Economics) (CRICOS course code 087960K) is a 2-year research-focused degree offered by Macquarie University (Macquarie) at their Wallumattagal Campus in North Ryde, Sydney. This Masters Degree (Research) (AQF Level 9) is designed for students who want to develop advanced research skills in economics and econometrics, preparing them for PhD studies or research careers in academia, government, or industry. As a CRICOS-registered course (provider code 00002J), international students can enrol with confidence, knowing the program meets Australian quality standards. Macquarie University is a government-funded institution with a strong reputation for research excellence. This page provides detailed information on fees, entry requirements, delivery locations, and student visa considerations. All data is sourced from the official CRICOS register as at April 2026. HeadStart Academy is a free resource – we do not charge fees or receive commissions from any provider.
Master of Research (Business and Economics) (CRICOS course code 087960K) is a Masters Degree (Research) delivered by Macquarie University (Macquarie) over 2 years. This course falls under the field of education 091901 - Economics, within the broader society and culture area. It is a single qualification with no dual or foundation components. The program is taught in English and does not include a mandatory work component. As a research degree, students will undertake supervised research and produce a thesis, contributing new knowledge to the field of business and economics. Macquarie University is a leading Australian university with over 40,000 students, including a significant international cohort. The campus is located in Sydney's technology hub, providing access to industry partnerships and research facilities. CRICOS registration (provider 00002J) ensures that this course meets the standards required for international student enrolment under the ESOS Act.
The Master of Research (Business and Economics) focuses on advanced economic theory, econometrics, and research methodologies. Students typically develop skills in quantitative analysis, data interpretation, and economic modelling. Graduates gain the ability to design and execute independent research projects, critically evaluate existing literature, and communicate findings effectively. The program prepares students for doctoral studies or high-level roles in economic analysis, policy development, and business strategy. While specific syllabus details are set by Macquarie University, the field of education (091901 Economics) covers microeconomics, macroeconomics, mathematical economics, and applied econometrics. This degree is ideal for those aiming to work as economists, researchers, or consultants in Australia or globally. All content here is based on the CRICOS register and should be verified with the provider for current curriculum.
According to the CRICOS register, the Master of Research (Business and Economics) has a duration of 2 years, equivalent to 104 weeks. The language of instruction is English. This is a single qualification, meaning it does not lead to a dual degree or include foundation studies. The course is delivered on-campus at Macquarie University's Wallumattagal Campus in North Ryde, Sydney. Students must complete the program within the CRICOS-registered duration to maintain their student visa compliance. Part-time study may be possible but could affect visa conditions – international students should check with the Department of Home Affairs. Macquarie University typically offers this degree as a full-time research program, with supervision meetings and access to research resources throughout the year.
The indicative tuition fee for the Master of Research (Business and Economics) is A$73,200 for the full 2-year program, as recorded on the CRICOS register. Non-tuition fees are estimated at A$373, bringing the total indicative cost to A$73,573. These fees are set by Macquarie University and are subject to change. Importantly, this does not include Overseas Student Health Cover (OSHC), living expenses, or the visa application charge. Sydney's cost of living is higher than the Australian average – students should budget approximately A$500–700 per week for rent, A$80–100 for groceries, and A$40–60 for public transport. Always confirm current fees with Macquarie University's website (www.mq.edu.au) before applying. HeadStart Academy does not set fees and recommends checking directly for the most up-to-date information.
English language requirements vary by provider – typically IELTS 5.5–7.0 overall depending on course level. For this Master of Research, Macquarie University likely requires a higher level of English proficiency (e.g., IELTS 6.5 or 7.0) to ensure students can engage with advanced research. Prior qualifications: applicants usually need a bachelor's degree in a related field (e.g., economics, business) with a strong academic record. Some may need to complete a preliminary year if their background is not directly aligned. Foundation or pathway options may be available through Macquarie University College – check with the provider. Meeting minimum entry requirements does not guarantee admission, as places are competitive. For specific entry criteria, refer to Macquarie University's admissions page. HeadStart Academy does not provide migration or academic advice; consult a registered MARA agent for visa-specific queries.
No work component – this course does not include a mandatory work component. It is a research degree with no placement or internship requirement. However, international students on a Student visa (Subclass 500) have work rights: up to 48 hours per fortnight during term, and unlimited hours during scheduled breaks. Work must not compromise course attendance or progress. Students can seek part-time jobs in Sydney's diverse economy – common roles include retail, hospitality, tutoring, or research assistance. Always adhere to visa conditions; working more than permitted can lead to visa cancellation. HeadStart Academy recommends checking the Department of Home Affairs for the latest work rights updates.
This course is delivered at Macquarie University's Wallumattagal Campus at North Ryde, in Sydney, New South Wales. Sydney is Australia's largest city, home to over 5 million people and more than 300 CRICOS-registered providers offering thousands of courses. The North Ryde campus is well-connected by public transport – buses and the Macquarie University railway station provide access to the city centre (about 30 minutes by train). The area has a large student population, with nearby accommodation options including on-campus residences, private rentals, and homestays. Sydney's cost of living is among the highest in Australia – indicative weekly rent for a one-bedroom apartment in North Ryde is around A$450–600. Students can access libraries, research centres, and sports facilities on campus. All delivery locations are CRICOS-registered, ensuring compliance with ESOS Act protections.
To study this course in Australia, international students require a Student visa (Subclass 500). You must provide evidence of enrolment (CoE) from Macquarie University, meet genuine temporary entrant (GTE) requirements, demonstrate sufficient financial capacity, and maintain Overseas Student Health Cover (OSHC) for the duration of your stay. OSHC costs approximately A$500–700 per year for single cover. The visa allows work rights: 48 hours per fortnight during term, unlimited during scheduled breaks. Visa processing times vary – apply at least 4–6 weeks before course commencement. Dependants may accompany you on a Student Guardian visa (Subclass 590) or as a dependent on your visa. HeadStart Academy is not a migration agent – always consult the Department of Home Affairs or a registered MARA agent for personalised advice. Remember, ESOS Act protections apply to all CRICOS-registered courses, safeguarding your tuition fees and educational rights.
Follow these three steps to apply for the Master of Research (Business and Economics) at Macquarie University: 1. Research CRICOS-registered providers – Use HeadStart Academy to filter by course level (Masters Degree Research), field (Economics), and location (Sydney) to confirm this course's details. 2. Apply directly to your chosen institution – Visit Macquarie University's website (www.mq.edu.au) to review exact entry requirements, English language test scores (e.g., IELTS, TOEFL), application deadlines, and submit your application online. You may need to provide transcripts, research proposal, and references. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500) – Once accepted, Macquarie will issue a CoE. Use this to apply for your visa through the Department of Home Affairs. Ensure you have OSHC and sufficient funds. HeadStart Academy provides free guidance – we do not charge fees or receive referrals.
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Master of Research (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.