Monash University

Postgraduate - Area of study

Students who commenced study in 2014 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, Malaysia


  • 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 can be found on the faculty's What is econometrics?What is econometrics? ( webpage.


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*
  • ETC2430 Actuarial statistics
  • ETC2440 Mathematics for economics and business
  • 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*
  • ETC3410 Applied econometrics
  • ETC3450 Time series analysis for business and economics
  • ETC3460 Financial econometrics
  • ETC3490 Risk and business modelling
  • ETC3500 Survey data analysis
  • ETC3510 Modelling in finance and insurance

(b.) Two units (12 points) from the following options:

(i.) units listed in (a.)

(ii.) second and third-year units available in 0023 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 other faculties in the University.

These units can be identified using the browse units toolbrowse units tool ( in the current edition of the handbook. The level of the unit is indicated by the first number in the unit code; postgraduate units are those that commence with the number 5.

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

Other relevant courses

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

Contact details

Graduate Student Office

Telephone: +61 3 9903 1400

Fax: + 61 3 9903 1357


Relevant courses

  • 0172 Graduate Diploma in Economic Studies
  • 0171 Postgraduate Diploma in Economics and Commerce