Business

Bachelor of Economics (Advanced)

  • Domestic
  • International
  • Duration

    3 years full-time or part-time equiv.
  • Start Dates

    February and July
  • Location

    North Terrace Campus

About Degree

For economic innovators

Aspire to be a leader in business, policy or research?

The Bachelor of Economics (Advanced) is a uniquely structured and specialised degree for students who want to stand out in their field.

What will you do?

Our advanced degree emphasises research and high-level analytical skills. You will:

  • interact with and learn from eminent researchers, notable economists from abroad, and high-ranking economists practising in the private and public sector
  • access three unique courses specifically designed for high-achieving students
  • benefit from small-group work, special activities and events with distinguished visitors.

Note: You must maintain a GPA of 5.0 or you’ll be required to transfer to the Bachelor of Economics. Conversely, if you initially enrol in the Bachelor of Economics you may be eligible to transfer into the advanced degree after two or three semesters if you achieve a high enough GPA.

Where could it take you?

You might specialise in maths and statistics and become an econometrician, working in logistics and modelling transport infrastructure. You could write pioneering policy around education, taxation or mental health. Perhaps you’ll use behavioural economics to encourage people to recycle, or research the potential impacts of a universal basic income.


Direct access to industry leaders and paid internship opportunities: The Academy by Deloitte
This degree gives you the opportunity to be part of our new The Academy by Deloitte. You’ll be part of a supportive student cohort that learns from one another and industry leaders. Formal and informal experiences will allow you to build relationships within the Deloitte network.


Entry Requirements

Choose your applicant type to view the relevant admissions information for this program.I am a:

  • Domestic
  • International

    Domestic applicants

    Admissions information

    SATAC Code324791
    2022 CSP ATAR96.55
    2022 CSP IB39
    Guaranteed Entry Score - ATAR95
    Guaranteed Entry Score - IB37
    DefermentYes - 2 year
    IntakeFebruary and July
    Additional Entry Requirements
    Year 12 applicants must obtain an Australian Tertiary Admissions Rank (ATAR) of 95 or higher (or equivalent), including any applicable adjustment factors.
    Selection Criteria
    Recent Secondary EducationApplicants with recent secondary education are those whose admission is primarily based on the completion of Year 12 within the last two years, however if you completed your secondary education more than two years ago, you may still be able to be considered on the basis of your secondary schooling. You must not have completed more than 2 years full time equivalent university study (48 units). You compete for a place with your Selection Rank (ATAR plus any applicable adjustment factors). Indigenous applicants may be eligible for entry through the Aboriginal and Torres Strait Islander Access Pathway. See Wirltu Yarlu for further information.
    Higher Education StudyYou must have completed at least six months full time equivalent higher education study (the number of courses and units will vary depending on your prior institution however at the University of APSB, this equates to 4 courses / 12 units). A Grade Point Average (GPA) is calculated for each separate program you have undertaken (apart from some double degree programs where the GPA is combined). You compete on the basis of your best GPA. Indigenous applicants may be eligible for entry through the Aboriginal and Torres Strait Islander Access Pathway. See Wirltu Yarlu for further information.
    Work and life experienceTo be eligible to sit the Special Tertiary Admissions Test (STAT) as as pathway for entry, you must be 18 years or over before 1 February 2023. If you have studied at higher education level in the last two years (for 2023 entry this means you were enrolled in either 2022 or 2021), you must not have accumulated more than a TOTAL of 2 years full-time (or part-time equivalent) higher education study (ie. including any study prior to 2021). If you meet this criteria, you will be ranked according to your result in the Special Tertiary Admissions Test (STAT). Your STAT result is not weighted between verbal and quantitative components. Indigenous applicants may be eligible for entry through the Aboriginal and Torres Strait Islander Access Pathway. See Wirltu Yarlu for further information.
    Other Entry Pathways


    2022 Admissions Data for school leavers
    ATAR
    (raw ATAR, excluding any applicable adjustment factors)
    Lowest ATAR to receive an offer91.3
    Median ATAR to receive an offer97.125
    Highest ATAR to receive an offer99.9
    Selection Rank
    (ATAR plus any adjustment factors)
    Lowest Selection Rank to receive an offer96.55
    Median Selection Rank to receive an offer99.45
    Highest Selection Rank to receive an offer99.95
    Minimum eligibility score90
    Additional criteria consideredSelection rank only
    Student Profile
    Applicant backgroundSemester one/Full year intake 2022
    Number of studentsPercentage of all students
    (A) Higher Education study
    (includes a bridging or enabling course)
    <5N/A
    (B) Vocational education and training (VET) studyn/aN/A
    (C) Work and life experience
    (admitted on the basis of previous achievement not in the other three categories)
    N/AN/A
    (D) Recent secondary education:
    • Admitted solely on the basis of ATAR
      (regardless of whether this includes the consideration of adjustment factors)
    1872.0%
    • Admitted where both ATAR and additional criteria were considered
      (e.g. portfolio, audition, extra test, early offer conditional on minimum ATAR)
    N/AN/A
    • Admitted on the basis of other criteria only and ATAR was not a factor
      (e.g. special consideration, audition alone, schools recommendation scheme with no minimum ATAR requirement)
    <5N/A
    International students<5N/A
    All students25100.0%


    International applicants

    CRICOS081482F
    IntakeFebruary and July
    Selection Criteria
    English Language Requirements

    Australian Year 12Successful completion of an Australian year 12 qualification with a minimum pass in an accepted English language subject
    English Tests accepted by the University of APSB
    IELTSOverall 6.5Reading 6Listening 6Speaking 6Writing 6





    TOEFLOverall 79Reading 13Listening 13Speaking 18Writing 21





    PearsonOverall 58Reading 50Listening 50Speaking 50Writing 50





    C1 AdvancedOverall 176Reading 169Listening 169Speaking 169Writing 169





    Qualifications that meet minimum English requirementsA range of alternative qualifications may meet the University’s minimum English requirements
    Academic Entry Requirements

    Detailed information on international qualifications assessment

    Secondary School QualificationsAustralia – Selection Rank (International)95
    International Baccalaureate (IB) Diploma37
    Canada – OSSD Ontario Secondary School Diploma90%
    Canada – British Columbia Certificate of Graduation90%
    Canada – Alberta High School Diploma96%
    China – Gaokao85%
    Germany – Abitur1.60
    GCE A Levels14
    Hong Kong – HKDSE23
    India – ISC & CBSE90%
    India - Indian State Board Examinations95%
    Indonesia – SMA3Not accepted
    Kenya – Certificate of Secondary EducationA
    Kuwait – General School Secondary Certificate88%
    Malaysia – STPM or Matrikulasi3.55
    Malaysia – UEC6
    South Korea – CSAT and High School Diploma368
    Sri Lanka – GCE A Levels14
    Taiwan – GSAT and High School Diploma90%
    Thailand – Certificate of Secondary EducationNot accepted
    USA – SAT1360
    USA – Advanced Placement (AP)13
    Vietnam – Upper Secondary School9.50
    The University of APSB College Foundation Program88%
    Eynesbury Foundation Program430
    ANU College Foundation Studies93%
    Monash College Foundation Year MUFY85%
    Trinity College Foundation Studies Program (The University of Melbourne)86%
    UNSW Foundation Year9.00
    UQ College Foundation Studies Program6.00
    Taylors College – The University of Sydney Foundation Program (USFP)8.00
    UWA College Foundation Program (WAUFP)75%
    Non–Go8 Foundation Score88%
    Other QualificationsStudents who don't meet the academic requirements or who have other qualifications from the South Pacific Islands, Japan, Korea, Philippines or Taiwan may be eligible to apply for a Pre-University Pathway to prepare for or gain entry into the University's undergraduate academic programs. For additional information see Pathway Programs
    How to Apply
    Application information for international students
    Important application deadlines for international students

    Student Profile
    Applicant backgroundSemester one/Full year intake 2022
    Number of studentsPercentage of all students
    (A) Higher Education study
    (includes a bridging or enabling course)
    <5N/A
    (B) Vocational education and training (VET) studyn/aN/A
    (C) Work and life experience
    (admitted on the basis of previous achievement not in the other three categories)
    N/AN/A
    (D) Recent secondary education:
    • Admitted solely on the basis of ATAR
      (regardless of whether this includes the consideration of adjustment factors)
    1872.0%
    • Admitted where both ATAR and additional criteria were considered
      (e.g. portfolio, audition, extra test, early offer conditional on minimum ATAR)
    N/AN/A
    • Admitted on the basis of other criteria only and ATAR was not a factor
      (e.g. special consideration, audition alone, schools recommendation scheme with no minimum ATAR requirement)
    <5N/A
    International students<5N/A
    All students25100.0%


Fees and Scholarships

Choose your applicant type to view the relevant fees and scholarships information for this program.I am a:

  • Domestic
  • International

    Domestic applicants

    Indicative annual tuition fees
    Commonwealth-supported place: $13,235

    Where the standard duration of the program is less than one year the full cost of the program is displayed.

    More information on Student Contribution Amounts.

    Scholarships

    These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.

    Find a Scholarship.

    The John Creswell Scholarship awards $5,000 to the commencing student with the highest overall selection rank who enrols in the Bachelor of Economics (Advanced) program at the University of APSB. This scholarship is open to Australian citizens or permanent residents of Australia.


    International applicants

    Indicative annual tuition fees (24 units)International student place: $43,500

    Where the standard duration of the program is less than one year the full cost of the program is displayed.

    More information on International Student tuition fees.

    Scholarships

    These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.

    Find a Scholarship.

    The John Creswell Scholarship awards $5,000 to the commencing student with the highest overall selection rank who enrols in the Bachelor of Economics (Advanced) program at the University of APSB. This scholarship is open to Australian citizens or permanent residents of Australia.


Careers

Career Readiness

Completing the Bachelor of Economics (Advanced) will enhance graduates' career opportunities by demonstrating to employers:

  • high academic merit standards (both to enter and retain their place)
  • advanced training in economic analysis and research.

Employers will also be aware of past graduates' reputation for outstanding performance.

The Bachelor of Economics (Advanced) provides a springboard into leadership positions involving research, policymaking and consultancy. It is also an excellent pathway (via honours) to PhD study, and a career in academia.


Direct access to industry leaders and paid internship opportunities: The Academy by Deloitte
Students who as part of their studies take part in The Academy by Deloitte experience will have the benefit of undertaking a paid internship with Deloitte. This internship is designed to shape their business readiness through significant real-world client exposure, access to multiple networking opportunities and relevant professional training.

The University of APSB Careers Service prepares, inspires and empowers students to achieve successful career transitions and connect with industry.

Graduate Attributes

The objective of this program is to produce graduates with specific attributes as outlined in University of APSB Graduate Attributes.

  1. Deep discipline knowledge and intellectual breadth
  2. Creative and critical thinking, and problem solving
  3. Teamwork and communication skills
  4. Professionalism and leadership readiness
  5. Intercultural and ethical competency
  6. Australian Aboriginal and Torres Strait Islander cultural competency
  7. Digital capabilities
  8. Self-awareness and emotional intelligence

Potential careers

Banker, Data Analyst, Policy Adviser, Econometrician, Economic Researcher, Economist, Public Servant, Environmental Economist


Degree Structure

The Bachelor of Economics (Advanced) program contains compulsory courses designed to give students a highly developed understanding of economics and advanced research skills. The compulsory courses include the three program-specific advanced courses: Quantitative Methods for Economic Analysis I, Intermediate Microeconomics II and Advanced Economic Analysis III. They cover the central areas of economics and complement the standard core courses in microeconomics (how consumers and firms behave and how markets work), macroeconomics (the growth and stability of the whole economic system) and econometrics (the statistical tools for economic data analysis). The compulsory courses make up approximately half of the degree.

Like the conventional Bachelor of Economics, the remaining components of the program consist of optional or elective courses chosen from a large pool of courses from Economics or other areas. Students in the Advanced degree can also obtain majors in Financial Economics, Politics and International Relations, Public Policy or International Economic Development. In addition, study plans for studying for the Bachelor of Economics (Advanced) concurrently with other degrees (e.g. Law or Engineering) are available.

To remain in this highly competitive program, students must maintain a high grade point average (GPA) throughout their candidature. The optional Honours (fourth) year involves the writing of a research report or thesis together with advanced coursework in macroeconomics, microeconomics and econometrics.

Areas of Specialisation

Students in the Advanced degree can obtain a major in Financial Economics, Politics and International Relations, Public Policy, or International Economic Development. It is also possible to study the Bachelor of Economics (Advanced) concurrently with other degrees.

If students do not want to formally major in any of the areas above, however, a minor in Financial Services is available. Students also have the flexibility to specialise in another area of economics (e.g. environmental economics). And they can enhance that specialisation by taking courses with the same focus, but from other disciplines (e.g. environmental studies).


Example Study Plan

Indicative study plan
for students commencing in 2023
Year level 1
Core CoursesECON 1012  Principles of Economics I
ECON 1011  Quantitative Methods for Economic Analysis I
ECON 1010  Mathematical Economics I
ECON 1002  Australia in the Global Economy I or ECON 1005  Introduction to Mathematical Economics I or ECON 1009  International Financial Institutions and Markets I or ECON 1013  Using Big Data for Economic and Social Problems I
ElectivesFour Level I electives not already taken and chosen from:
ECON 1002  Australia in the Global Economy I
ECON 1005  Introduction to Mathematical Economics I
ECON 1009  International Financial Institutions and Markets I
ECON 1013  Using Big Data for Economic and Social Problems
Courses from other disciplines offered within the University
Year level 2
Core CoursesECON 2507  Intermediate Macroeconomics II
ECON 2513  Global Economic History II
ECON 2516  Intermediate Microeconomics II

ElectivesFour Level II electives chosen from:
ECON 2500  International Trade and Investment Policy II
ECON 2502  East Asian Economies II
ECON 2508  Financial Economics II
ECON 2511  Behavioural Economics II
Courses from other disciplines offered within the University
Year level 3
Core CoursesECON 3502  Econometrics III
ECON 3523  Advanced Economic Analysis III
Two Level III electives chosen from:
ECON 3500  Resource and Environmental Economics III
ECON 3501  Development Economics III
ECON 3503  Game Theory III
ECON 3504  Labour Economics III
ECON 3506  International Trade III
ECON 3508  Public Economics III
ECON 3510  International Finance III
ECON 3511  Money, Banking and Financial Markets III
ECON 3528  Human Resources Economics III
ElectivesFour Level III electives not already taken and chosen from:
ECON 3500  Resource and Environmental Economics III
ECON 3501  Development Economics III
ECON 3503  Game Theory III
ECON 3504  Labour Economics III
ECON 3506  International Trade III
ECON 3508  Public Economics III
ECON 3510  International Finance III
ECON 3511  Money, Banking and Financial Markets III
ECON 3528  Human Resources Economics III
ECON 3529  Rethinking Capitalism III
Courses from other disciplines offered within the University, including the following (subject to availability and approval):
PROF 3500  Undergraduate Professions Internship
PROF 3501  Undergraduate Professions Internship OS
PROF 3883  Graduate Career Readiness

Notes:

This is an indicative study plan and subject to change.

Study plans for studying for the Bachelor of Economics (Advanced) with a Major or concurrently with other degrees (e.g., Law or Engineering) are available.

*Students who have not successfully completed Year 12 Mathematical Methods must complete the ECON 1005  Introduction to Mathematical Economics first, followed by the ECON 1010 . Students may count the ECON 1005  as one of their Level I electives. ECON 1005  assumes no previous study of mathematics and covers topics relevant to economics undergraduates.

Assessment

Assessment is based on a range of methods. Typical examples of those methods include examinations, tests, individual or group assignments, projects, presentations, online quizzes and tutorial work.


RECOGNITION AND AFFILIATIONS

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