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What will I learn?

Melbourne Business School's Master of Applied Econometrics (the application of statistical methods to economic data) is a two-year program that that focuses on the practical application of econometric modelling techniques. It combines coursework and research to equip you with the skills to make economic decisions in a data-driven manner.

Advances in information and communications technologies have revolutionised the way data is gathered, fuelling a surge in the demand for graduates with high-level training in data-analysis using econometric techniques.

Who is it for?

If you are interested in understanding the fiscal responses to macroeconomic conditions, the degree of collusion amongst petrol retailers in Australia, or the impact of trade liberalisation on wage inequality, then The Master of Applied Econometrics is the program for you.

It will give you the econometric expertise to answer real-world economic questions, while also providing the flexibility to specialise in areas relating to your career goals.

The Master of Applied Econometrics will provide a comprehensive curriculum covering core microeconomics and macroeconomics, and a suite of econometrics offerings including time series analysis, financial econometrics, microeconometrics, macroeconometrics and structural econometric modelling.

The Master of Applied Econometrics program consists of 16 semester-length subjects comprising:

  • 9 core subjects
  • 5 electives
  • 2 capstone subjects

Employment Outcomes

Graduates are likely to be employed in organisations such as banks, government, consulting firms and think tanks as an analyst, data scientist or modelling and insights leader.

Which department am I in?

Faculty of Business and Economics



Study options

Full Time (2 years)

Tuition fees
A$46,752.00 (25,43,634) per year
Indicative total course fee: AUD $95,841
Start date

February 2023


The University of Melbourne

Parkville Campus,

Grattan Street,



3010, MELBOURNE, Australia

Entry requirements

For students from United States

Applicants need to successfully complete an undergraduate degree. English language requirements: IELTS (academic English Only) - 6.5 overall, with written 6.5 and no band less than 6.0; TOEFL (paper-based test) - 577 + TWE 4.5; TOEFL (internet-based test) - 79 + (Writing 21; Speaking 18; Reading 13; Listening 13); Pearson Test of English – you need an overall score from a minimum between 58-64 inclusive and achieve no PTE communicative skills score below 50; Cambridge English, Advanced/Certificate in Advanced English (CAE) – you need a Cambridge English Score from a minimum 176 with no skill below 169.

For international students

In order to be considered for entry, applicants must have completed:

an undergraduate or postgraduate degree, with a strong analytical and mathematical component with a major in social science, commerce or STEM.

Minimum scores and tests accepted

For English language tests, we require documentary evidence of having obtained the minimum scores within the previous 24 months.

IELTS: 6.5 (with no band less than 6.0)
TOEFL (paper test): 577 with TWE 4.5
TOEFL (internet): 79 with Writing 21, Speaking 18, Reading 13, Listening 13
Pearson Test of English (Academic): 58-64 inclusive and no communicative skill below 50

*There may be different IELTS requirements depending on your chosen course.