Duration
1 year full time / 2 years part time
Mode (Location)
On campus (Parkville)
Intake
March
Key dates
Key dates
Fees
AUD $37,984 (2026 indicative first year fee). Commonwealth Supported Places (CSPs) are not available
Learn more
Learn more
Entry requirements
Admission criteria
To be considered for entry into this course, you must:
- Have completed a bachelor degree (AQF7) in a cognate (relevant) discipline with a weighted average mark (WAM) of 65%, or equivalent.
Cognate (relevant) disciplines include: A strong analytical or mathematical component.
To meet the analytical or mathematical prerequisite requirements:- Applicants with an economics background will be required to have a major in economics, including calculus-based economics subjects and an econometrics subject.
- Applicants with a non-economics background require an undergraduate major of a mathematical/analytical nature, including calculus, linear algebra and statistics subjects and have completed microeconomics and macroeconomics subjects at least at the second year level.
The University of Melbourne is committed to maintaining a transparent admissions policy by clearly communicating all entry scores to prospective students. Entry requirements to the University of Melbourne are regularly reviewed to ensure they align with the University's Selection and Admissions Policy. The entry requirements published for this course will apply from the mid-year 2026 intake onwards.
Where degree levels are referenced, levels align with the Australian Qualifications Framework (AQF). Applications are assessed against these standards.
Where our admission criteria includes a minimum Weighted Average Mark (WAM) and/or specific subject criteria, these are based on University of Melbourne grades and subjects. If you've studied elsewhere, we'll assess your relevant prior studies and equivalent grades. Your final WAM may be adjusted depending on your previous institution's accreditation, subject grading, and pass marks.
You can use our graduate coursework grade conversion eligibility calculator to get an indication of whether you are eligible for this course based on your previous studies and Weighted Average Mark (WAM).
English language requirements
All applicants to the University of Melbourne must satisfy the English language requirements. This may be achieved in a number of ways, including recognised previous study taught and assessed entirely in English or an approved English language test. If you are from a non-English speaking background, the required standard of English for this degree is one of the following English proficiency test scores:
- English language test score requirements
If you need to undertake an English language test, you must meet one of the scores* below:
*Accepted tests: IELTS (Academic English only); TOEFL Internet-based test; Pearson Test of English Academic; Cambridge English: Advanced/Certificate of Advanced English (CAE); LanguageCert Academic; Michigan English Test. If a test displays N/A, it is not accepted for this course.IELTS
6.5
with writing 6.0; speaking 6.0; reading 6.0; listening 6.0TOEFL
81
with writing 19; speaking 19; reading 16; listening 16PEARSON
64
with writing 60; speaking 60; reading 60; listening 60CAMBRIDGE
169
with writing 170; speaking 179; reading 163; listening 163LANGUAGECERT ACADEMIC
67
with writing 64; speaking 70; reading 60; listening 57MET
58
with writing 57; speaking 48; reading 55; listening 56
About selection
As part of your application, you must also:
- Provide a 500-word personal statement outlining motivation for applying to the course. The statement should include relevant supporting information such as skills, experience, achievements and potential contributions to the program
- Have taken the Graduate Record Examinations (GRE) unless the applicant has completed a bachelor degree or equivalent in Australia or New Zealand or met one of the approved conditions for GRE exemption
Missing information or documents may result in your application being deemed ineligible.
When assessing (and where relevant, ranking) applications, the Selection Committee will consider:
- Prior academic performance
- Relevance of previous study
- Performance in test or examination, if relevant
- Motivation to complete the course
The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Selection and Admission Policy.
Meeting the minimum entry requirements for this course does not guarantee selection.
Additional information
Advanced Standing
Prior studies may be credited towards your degree and potentially reduce the duration of your course. This is known as Advanced Standing (also known as credit or recognition of prior learning).
For additional, in-depth details on entry requirements and admissions for this course, refer to the University Handbook.