Postgraduate - Course3816 - Graduate Diploma in Applied Econometrics

Students who commenced study in 2013 should refer to this course entry for direction on the requirements; 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 course.

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This course entry applies to students commencing this course in 2013 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics

Managing faculty	Business and Economics
Abbreviated title	GradDipAppEcmets
CRICOS code	050635F
Total credit points required	48
Standard duration of study (years)	1 year FT, 2 years PT
Study mode and location	On-campus (Caulfield)
Admission, fee and application details	http://www.monash.edu/study/coursefinder/course/3816
Contact details	Graduate Student Office Telephone: +61 3 9903 1400 Fax: +61 3 9903 1357 Email: buseco-postgrad@monash.edu
Course coordinator	Ms Gerrie Roberts

Notes

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

Description

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

Outcomes

These course outcomes are aligned with the Australian Qualifications Framework level 8, the Bologna Cycle 1 and Monash Graduate Attributes. For more information refer to http://opvclt.monash.edu.au/curriculum-by-design/aligning-course-outcomes-with-aqf-bologna.html.

Upon successful completion of this course it is expected that graduates will:

(a.) be critical and creative scholars who:

produce innovative solutions to problems
apply research skills to business challenges
communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

engage in an internationalised world
exhibit cross-cultural competence
demonstrate ethical values

(c.) have a comprehensive understanding of their disciplines and be able to provide discipline-based solutions relevant to the business, professional and public policy communities we serve

(d.) have advanced knowledge to Graduate Diploma level in applied econometrics and be able to:

participate effectively as part of a research team
design and implement an applied econometric project and communicate results to a wider audience

Structure

The course has two main components:

a set of core units in econometrics
three open electives.

Requirements

Students must complete:

(a.) one core unit (6 points)

ETF2100 Introductory econometrics

(b.) one of the following units (6 points)

ETC2440 Mathematics for economics and business
ETF2700 Mathematics for business

(c.) four units (24 points) from the following list, including at least one of those marked with an asterisk (*):

ETC2430 Actuarial statistics
ETC2450 Applied forecasting for business and economics
ETC2520 Probability and statistical inference for economics and business
ETC3400 Principles of econometrics
ETC3410 Applied econometrics
ETC3420 Bayesian modelling and risk analysis
ETC3450 Time series analysis for business and economics
ETC3460 Financial econometrics
ETF2480 Business modelling
ETF3200 Applied econometrics*
ETX2121 Data analysis in business
ETX3231 Business forecasting
ETF3300 Quantitative methods for financial markets*
ETF3600 Quantitative models for business research*

(d.) a further two units (12 points) subject to the following conditions:

may be taken from disciplines offered by another faculty
may be taken from any Faculty of Business and Economics programs and campuses.

Available units can be identifed via the index of units by faculty at http://www.monash.edu.au/pubs/2013handbooks/units/index-byfaculty-bus.html or by browsing units at http://www.monash.edu.au/pubs/2013handbooks/units/search.

Additional degree requirements:

Students with suitable backgrounds may be permitted to substitute approved alternative units for those required in (a.) and (b.) above.

Progression to further studies

Students who successfully complete the Graduate Diploma in Applied Econometrics may be eligible for admission to 3822 Master of Applied Econometrics subject to satisfying the appropriate entry requirements. For details visit http://www.monash.edu/study/coursefinder/3822/.

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.

Award(s)

Graduate Diploma in Applied Econometrics