Monash University

Postgraduate - Area of Study

Students who commenced study in 2012 should refer to this area of study entry for direction on the requirments; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your area of study.

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Managing facultyFaculty of Business and Economics
Campus(es)Clayton, Sunway


  • Unit codes that are not linked to their entry in the handbook are not available for study in the current year.


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:


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):

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

(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.

Related areas of study

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

Contact details

Graduate Student Office

Telephone: +61 3 9903 1400

Fax: + 61 3 9903 1357


Relevant courses

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