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Students who commenced study in 2016 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.

Monash University

NOTE: This area of study has been updated - please refer to the change register for details.


Commencement year

This area of study entry applies to students commencing this course in 2016 and should be read in conjunction with the relevant course entry in the Handbook.

Any units listed for this area of study relate only to the 'Requirements' outlined in the Faculty of Business and Economics component of any bachelors double degrees.

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

Managing faculty

Faculty of Business and Economics

Contact details



Faculty of Business and Economics



Careers in the business world that use quantitative skills include the financial sector (stockbrokers) the insurance industry, finance companies, banks (e.g. developing models for investment opportunities), the manufacturing sector (e.g. providing quality control), and market research. Opportunities in the public sector include economic modelling, policy evaluation, and research into industry development.


In addition to achieving the broad outcomes of their course, students successfully completing this major will be able to:

  • apply appropriate mathematical and statistical techniques to the analysis of social, financial, business and economic data, subsequently drawing out insightful inferences for the purposes of knowledge advancement and/or policy making.


Major requirements (48 points)

No more than 12 points at level 1 may be credited to a major and at least 18 points must be credited to the major at level 3.

Students complete:

  • ETW1000 Business and economics statistics and ETW1010 Data modelling and computing or ETW1102 Business statistics and ETW2111 Business data modelling
  • ETW2410 Introductory econometrics
  • ETW2420 Survey methods and managerial statistics
  • ETW2480 Business modelling methods
  • ETW3410 Applied econometrics
  • ETW3420 Principles of forecasting and applications
  • ETW3481 Econometric methods for finance

Relevant courses


Single degrees

Successful completion of the major can be counted towards meeting the requirements for the following single degree:

  • B2026 Bachelor of Business and Commerce

Students in other single bachelor's degrees may be eligible to complete the major using 48 points of their free electives.

Double degrees

Successful completion of the major can be counted towards meeting the requirements for the Bachelor of Business and Commerce component in the following double degree:

  • B2027 Bachelor of Business and Commerce and bachelor of Communication and Media Studies