Macquarie University
Master of Applied Economics and Master of Management
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 24 months
- Course Type: Master's
Apply economic analysis to complex business and policy challenges while strengthening the leadership, innovation and management capabilities needed to guide organisations through change.
Course overview
Macquarie University’s Master of Applied Economics and Master of Management combines advanced economic analysis with the practical capabilities needed to lead organisations and make informed decisions. The double degree is suited to graduates seeking to understand economic challenges while strengthening their impact across business, government or policy settings.
You will explore microeconomics, macroeconomics, econometrics and policy analysis alongside leadership, global management, digital innovation, strategic change and project management. Applied projects involving local and international organisations provide opportunities to use this knowledge to address real economic and organisational challenges.
Delivered in person at Macquarie University’s North Ryde campus, the course can be completed in two years of full-time study or the part-time equivalent. After completing the requirements of both components, you will graduate with two separate qualifications and be prepared for opportunities across economics, finance, consulting, policy, management and business strategy.
Key facts
26th July, 2027
What you will study
To earn the Master of Applied Economics and Master of Management, you must successfully complete units totalling 160 credit points, as detailed below. Unless otherwise noted, each course is worth 10 credit points.
Core units
- Applied Topics in Microeconomics
- Applied Topics in Macroeconomics
- Policy Analysis and Design Project
- Applied Econometrics
Elective units
Select 40 credit points from the following:
- Health Economics and Policy
- Climate Change, Energy and Environmental Economics
- International Trade
- Economic Development
- Economics of Public Issues
- Techniques in Business Analytics
- International Financial Management
Entry requirements
Academic requirements
To be eligible for this double degree, applicants must satisfy the admission requirements for both the Master of Applied Economics and the Master of Management.
For each degree component, applicants must meet at least one of the following requirements:
- Hold an AQF level 7 bachelor’s qualification in a related field or recognised equivalent.
- Hold an AQF level 7 bachelor’s qualification or recognised equivalent and demonstrate at least one of the following:
- A minimum of two years of relevant approved professional experience.
- A relevant professional certification.
- Other recognised prior learning.
Master of Applied Economics
Related fields may include accounting, actuarial studies, banking, business, commerce, economics, econometrics, finance, insurance, management, philosophy and economics, political economy, public or healthcare management, science, STEM-focused degrees, supply chain and valuation.
Relevant professional experience may include roles requiring technical or specialist expertise, or managerial or decision-making responsibilities involving broad knowledge or skills in key economic concepts and principles.
Master of Management
Related fields may include accounting, actuarial studies, advertising, banking, business, commerce, communication, economics, finance, hospitality management, insurance, international business, management, marketing, media studies, public or healthcare administration, public relations, supply chain and valuation.
Relevant professional experience may include roles in business, commerce or management.
The university will assess whether an applicant’s previous qualifications, professional experience, certification or other recognised prior learning satisfy the requirements for both degree components. Meeting the minimum admission requirements does not guarantee an offer of admission.
Supporting documents
Applicants seeking admission based on professional experience should provide:
- A current résumé.
- A workplace reference letter supporting their relevant professional experience.
English language requirements
Applicants must provide evidence of at least one of the following:
- A bachelor’s degree completed in a recognised English-speaking country.
- An IELTS overall score of 6.5, with no individual band score below 6.0, or an accepted equivalent.
- Other accepted evidence of English language proficiency.
Contact the university for further information.
Recognition of Prior Learning
You may be eligible for recognition of prior learning if you have previously studied or have relevant work experience. This will help reduce the number of units you need to study to finish your course. Contact the university for more information.
Outcomes
Career outcomes
Graduates may pursue careers in roles such as:
- Account Manager
- Business Consultant
- Chief Executive Officer or General Manager
- Economist
- Entrepreneur
- Finance Manager
- Financial Adviser or Analyst
- Industry Specialist Manager
- Innovator
- International Marketing Consultant
- International Policy Adviser
- Market Analyst
- Market or Social Researcher
- Operations Manager
- Policy Adviser
- Production Manager
- Public Servant
- Sales Manager
- Statistician
Fees and FEE-HELP
Indicative annual fee in 2027: $37,900 (Full-fee paying place)
Indicative annual fees are based on your first year of study.
A student’s annual fee may vary by:
- The number of units studied.
- Choice of units.
- Credit from previous study or work experience.
- Eligibility for government-funded loans.
Student fees shown are subject to change. Contact the university directly to confirm.
FEE-HELP loans are available to assist eligible full-fee-paying domestic students with the cost of a university course.