GraduateEconomics

Graduate Diploma of Economic Analytics

Monash University, Melbourne, VIC, Australia

About this program

Monash's Graduate Diploma of Economic Analytics can be completed in as little as six months for students with relevant prior qualifications, or one year for those newer to the field, covering economic policy, data-driven decision making, forecasting and econometrics across eight units. Part A introduces economics and econometrics at an advanced level for students without a strong existing background, covering macroeconomic policy, managerial economics and introductory econometrics, while Part B goes deeper into applied economic analytics, including data visualisation, cost-benefit analysis and business forecasting with hands-on coding labs. Because the course uses master's-level units throughout, credit can count toward a full master's degree later if a graduate wants to keep studying. It suits professionals in government, finance or corporate roles who need to upskill quickly in economic analytics without committing to a full two-year master's degree, as well as those testing the field before deciding whether to pursue further postgraduate economics study.

Fees & duration

Duration1 yr
Tuition (international)A$59,900
Application feeA$125

English test scores

IELTS6.5 overall (W6)
PTE58 overall

Verified monash.edu ↗

Course structure

  • This course comprises 48 credit points structured in three parts: Part A. Advanced preparatory studies (24 credit points) and Part B. Core studies (6 credit points) and Part C. Discipline studies (24 credit points). Part A. Advanced preparatory studies (24 credit points) You must complete the following four units (24 credit points) : ECF5923 Macroeconomics policy ECF5927 Managerial economics ETF5910 Introductory applied econometrics ETF5970 Mathematics for business Part B. Core studies (6 credit points) You must complete one of the following units (6 credit points): ETF5922 Data visualisation and communication ETC5510 Introduction to data analysis Part C. Discipline studies (18 credit points) You must complete two units from the following (12 credit points): ECF5040 Industry economics ECF5410 Applied microeconomics or ECX5400 Design and evaluation of economic
  • public and social progra..

Career & PR pathway

Occupations this degree typically leads to, and their skilled-migration list status

EconomistANZSCO 224311

Primary outcomeMLTSSL

On MLTSSL, supporting the 189, 190, and 491, via VETASSESS assessment.

Assessed by VETASSESS

List membership changes over time and does not guarantee an invitation. See the skilled occupation lists guide and the points calculator before relying on this for a visa decision.

Admissions

Entry level 1: 48 points to complete Duration: 1 year full time, 2 years part time An Australian bachelor degree (or equivalent), with at least a credit (60%) average or equivalent GPA and have passed a first year undergraduate statistics or mathematical unit (or equivalent). Entry level 2: 24 points to complete Duration: 0.5 year full time, 1 year part time An Australian bachelor degree (or equivalent qualification) in a cognate discipline* with at least a high credit (65%) average, or equivalent qualification and experience approved by the faculty. OR An Australian bachelor degree (or equivalent qualification) and an Australian graduate certificate (or equivalent qualification) in a cognate discipline* with at least a high credit (65%) average in both qualifications, or equivalent qualification and experience approved by the faculty. OR A four-year Australian bachelor honours degree...

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