Monash University

Postgraduate - Course

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 facultyBusiness and Economics
Abbreviated titleMAppEcmets
CRICOS code053188M
Total credit points required72
Standard duration of study (years)1.5 years FT, 3 years PT
Study mode and locationOn-campus (Caulfield)
Admission, fee and application details
Contact details

Graduate Student Office

Telephone: +61 3 9903 1400

Fax: +61 3 9903 1357


Course coordinator

Associate Professor Duangkamon Chotikapanich


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


This course provides the quantitative skills and expertise required to carry out regression analysis, forecasting and financial market analysis. Students acquire the skills to take responsibility for designing and implementing applied econometric projects and the ability to communicate the results to wider audiences. These skills are extremely attractive to the business and finance community.


These course outcomes are aligned with the Australian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate Attributes. For more information refer to

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 econometric methods and be able to provide discipline-based solutions relevant to the business, professional and public policy communities we serve

  • have advanced knowledge to master's level in applied econometrics

Research component

The course has a mandatory research component comprising either 16 per cent or 33 per cent of the total course, depending on the option selected.


The course has two main components:

  • a major specialisation in econometrics and business statistics
  • a research project.


Students must complete:

(a.) two core units (18 points)

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

  • ETF2700 Mathematics for business
  • ETC2440 Mathematics for economics and business

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

  • ETF3300 Quantitative methods for financial markets
  • ETF3600 Quantitative models for business research

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

  • ETC4400 Econometric theory
  • ETC4410 Applied econometrics 2
  • ETC4420 Microeconometrics
  • ETC4460 Financial econometrics 2
  • ETC4480 Optimization for management
  • ETC5400 Research topics in econometrics
  • ETC5410 Special topics in econometrics
  • ETF5000 Special reading unit 1
  • ETF5200 Applied time series econometrics*
  • ETF5300 Applied financial econometrics
  • ETF5400 Special topics in econometrics I*
  • ETF5410 Special topics in econometrics II
  • or units from (c.) not previously taken.

(e.) a further three units (18 points) subject to course coordinator approval and 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 identified via the index of units by faculty at or by browsing at

Additional degree requirements:

  • students must complete a minimum of eight units (48 points) at 4000 or 5000-level
  • students with suitable backgrounds may be permitted to substitute approved alternative units for those required in (a.), (b.) and (c.) above.

Progression to further studies

This degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application.

Alternative exit(s)

Students wishing to exit the Master of Applied Econometrics early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:

  • 1679 Graduate Certificate in Business after successful completion of 24 points of study
  • 3816 Graduate Diploma in Applied Econometrics after successful completion of 48 points of study.


Master of Applied Econometrics