Course code: 0027
The Master of Commerce and Master of Economics courses are designed for graduates of either the Bachelor of Commerce, Bachelor of Economics honours program or of the Postgraduate Diploma in Commerce or Postgraduate Diploma in Economics who have majored in accounting and finance, management, econometrics or economics. The course has been designed to extend the disciplinary competence of candidates and provide them with research training. It involves a combination of both coursework and supervised research. In addition, there are courses offered jointly by all departments.
On completion of the Master of Commerce or Master of Economics research degrees students should:
Applicants for admission to candidature for the Master of Commerce or Master of Economics research degree must have qualified:
1 for either the degree of Bachelor of Commerce or Bachelor of Economics with honours of at least second class standard in the relevant specialisation;
2 for either the Postgraduate Diploma in Commerce or Postgraduate Diploma in Economics with an average grade of credit or above in the relevant specialisation;
3 for other degrees considered equivalent to 1 or 2 provided that, in the opinion of the faculty board, the degree concerned is suitable preparation for the candidate's proposed field of study.
Normally three semesters of full-time study or six semesters of part-time study.
No credit for work done previously is available in these masters degrees.
The requirements for each of the departments of Accounting and Finance, Management, Econometrics (Clayton) and Economics are set out in the following section.
Candidates are required to select four subjects, as set out in the section on each of the departments. Candidates are required to include in the four subjects at least two level-five subjects from the department in which they wish to enrol. Normally the coursework component is taken over the first two semesters and students should achieve an average grade of credit or above before proceeding to write the thesis component. In addition, candidates are required to write a minor thesis on a topic of their own selection. The thesis, of approximately 25,000 words, constitutes 67 per cent of the course and the topic must be related to the department in which the student is specialising. A member of the department will be appointed as supervisor. In some instances, students may have more than one supervisor appointed, and the second supervisor may be from another department.
Candidates are required to write a thesis on a topic of their own selection. The thesis constitutes 92 per cent of the workload and the topic must be related to the department in which the student is specialising. A member of that department will be appointed as supervisor. In some instances, students may have more than one supervisor, and the second supervisor may be from another department. In addition, candidates will be required to attempt one level-five subject from the department responsible for the supervision of their thesis. Candidates will be required to select a subject related to the topic of their thesis.
All candidates are required to attend the graduate seminars organised by the department in which they are enrolled. They will be expected to attend and participate regularly in the seminar series. Students are required to present at least one seminar. Although the graduate seminar is an unweighted subject, students enrol in the graduate seminar in each department in the same way as other subjects although it does not count as one of the subjects towards the degree. Students must receive a pass in the seminar unit to satisfy the requirements for the degree.
1 Two subjects from the following:
3 Graduate seminar
1 One level-five graduate subject taught by the department. The subject to be taken should be related to the thesis topic and in special circumstances, the head of the department may approve as the level-five subject a special subject based on a level-four graduate subject or an AFC5000 (Reading subject) taught by the department.
2 Graduate seminar
The minor thesis option is not offered in the Department of Management. Only the major thesis option is available in this department.
1 One level-five graduate subject offered by the department. The subject taken should be related to the thesis topic.
2 Graduate seminar: Students may be required to participate in the departmental seminar program.
3 Major thesis
1 Two subjects
2 Two subjects selected from:1 One level-five graduate subject taught by the department. In special circumstances, the head of the department may approve a special subject based on a level-four graduate subject taught by the department or an ETC5000 (Reading subject) as the subject to be taken. The subject must be related to the thesis topic.
2 Policy seminar
The attention of students is drawn to the Master of Economics by coursework offered jointly with the Department of Economics. Details are set out in the Department of Economics section.
See the course structure for the Postgraduate Diploma in Economics.
Students proceeding by major thesis will be required to take ECC5500 (Reading subject). The subject must be related to the thesis topic.
All students entering the graduate program within the Department of Economics (except economic history) are required to have passed the undergraduate subject ETC2410 or ETC3440 (Practical econometrics), or equivalent subjects, or an examination set by the department at an equivalent level in quantitative economic analysis. Students are not permitted to take ETC3440 (Practical econometrics) as a special subject.
Students may select joint courses offered by the Department of Economics with the departments of Econometrics (Clayton), and Accounting and Finance, respectively.
1 Two subjects:
2 Two other level-five subjects.3 Graduate seminar
1 One level-five subject
2 Graduate seminar
1 Two subjects from those listed (at least one of ETC5400 and ETC5410 must be chosen):
3 Graduate seminar