Postgraduate - Area of Study Econometrics

In the new information economy, professionals are confronted with masses of data. They are expected to apply econometric methods to analyse this data and provide evidence to management for informed decision-making. The applied econometrics programs are designed to develop expertise in this area, by providing quantitative skills to carry out regression analysis, forecasting, financial market analysis and survey data analysis.

Further information on econometrics can be found at: http://www.buseco.monash.edu.au/ebs/about/econometrics.php

Graduate Diploma in Economic Studies

To complete the econometrics major in the Graduate Diploma in Economic Studies, students must complete:

(a.) Four units (24 points) from the following, with at least one being selected from those marked with an asterisk (*):

• ETC2410/ETC3440 Introductory econometrics*
• ETC2440 Mathematics for economics and business
• ETC3410 Applied econometrics
• ETC2430 Actuarial statistics
• ETC2450 Applied forecasting for business and economics
• ETC2480 Decision models for managers
• ETC2500 Market research analysis
• ETC2520 Probability and statistical inference for economics and business
• ETC3400 Principles of econometrics*
• ETC3450 Time series analysis for business and economics
• ETC3460 Financial econometrics
• ETC3490 Business simulation
• ETC3500 Survey data analysis
• ETC3510 Modelling in finance and insurance

(b.) two units (12 points) from:

(i.) units listed in (a.)

(ii.) second and third-year units available in the Bachelor of Economics degree.

Postgraduate Diploma in Economics and Commerce

To complete the econometrics major in the Postgraduate Diploma in Economics and Commerce, students must complete:

(a.) One core unit (12 points):

• ETC4860 Research paper

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

• ETC4010 Reading unit
• ETC4400 Econometric theory
• ETC4410 Applied econometrics 2
• ETC4420 Microeconometrics
• ETC4430 Quantitative economic policy
• ETC4460 Financial econometrics 2
• ETC4480 Optimisation for management
• ETC4541 Special topics in econometrics

(c.) up to three further honours units (18 points) subject to the following conditions:

• a maximum of three units from honours units offered by the Department of Economics or the School of Mathematical Sciences (Faculty of Science)
• a maximum of two units from honours units offered by other Departments in the faculty or University.

Students must have their enrolment approved by the head, or nominee of the Department of Econometrics and Business Statistics.

For the units required for any other course in this area of study, refer to the list of relevant courses below.

Students may be interested in the following areas of study which have some relationship to econometrics:

• Economics
• Economics and econometrics
• Finance and econometrics

Graduate Student Office

Telephone: +61 3 9903 1400

Fax: + 61 3 9903 1357

Email: buseco-postgrad@monash.edu

Single degrees

• 1822 Executive Certificate in Business
• 1679 Graduate Certificate in Business
• 3848 Graduate Diploma in Business
• 3816 Graduate Diploma in Applied Econometrics
• 0172 Graduate Diploma in Economic Studies
• 3822 Master of Applied Econometrics

Double degrees

• 3845 Postgraduate Diploma in Business and Commerce
• 0171 Postgraduate Diploma in Economics and Commerce
• 4412 Master of Applied Finance and Master of Applied Econometrics