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Monash University

Monash University Handbook 2010 Postgraduate - Course

This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics

Managing facultyBusiness and Economics
Abbreviated titleGradDipAppEcmets
CRICOS code050635F
Total credit points required48
Standard duration of study (years)1 year FT, 2 years PT
Study mode and locationOn-campus (Caulfield)
Contact details

Monash Graduate School of Business

Telephone: +61 3 9903 1400

Fax: +61 3 9903 1357


Course coordinator

Ms Gerrie Roberts


This course is designed to provide quantitative skills to graduate students in business or other disciplines.


The learning goals associated with this course are to:

  • develop the ability to locate, evaluate and reference appropriate data for project requirements
  • apply econometric techniques to real world data including basic tools for regression analysis, time series methods and forecasting
  • use econometric software to assess the strengths and weaknesses of these techniques
  • judge the value of empirical results
  • participate effectively as part of a research team
  • design and implement an applied econometric project and communicate results to a wider audience.


The course structure has two main components:

  • a set of core units in econometrics
  • three open electives.


(a.) Students must complete at least two units (12 points) from the following list:

  • ETF9121 Data analysis in business
  • ETF9200 Econometric analysis in business
  • ETF9300 Financial econometrics
  • ETF9350 Econometrics for financial markets
  • ETF9480 Business modelling
  • ETF9700 Mathematics for business
  • ETX9000 Business and economic statistics
  • ETX9520 Quantitative methods for risk analysis

(b.) students must complete at least three units (18 points) from the following list:

(c.) students must complete a further three graduate units (18 points) subject to the following conditions:
a maximum of two elective units (12 points) may be taken from other faculties.

Progression to further studies

Students who successfully complete the Graduate Diploma in Applied Econometrics may be eligible for admission to the Master of Applied Econometrics.

Alternative exit(s)

Students wishing to exit the Graduate Diploma in Applied Econometrics early may apply to graduate with the Graduate Certificate in Business after successful completion of 24 points of study.


Graduate Diploma in Applied Econometrics