Overview
Follow your academic path to its highest level, with a PhD in economics. If you're a graduate with little previous research experience, our integrated program makes it possible to achieve your goals.
PhD in Economics integrated program
A PhD in economics opens the door to a career in public policy, academia or the finance sector. Choose your topic from our diverse research areas, from health and education to banking, tourism and transportation.
We have dozens of respected research partners including:
In our integrated program, you’ll spend the first year learning best-practice, ethical research methods. On passing with a 70% average in coursework and a thesis, you’ll begin your own original research. Throughout, you’ll have the support of an experienced supervisor.
You’ll develop skills to present your findings as a thesis, and in public forums and publications.
Research programs in economics
The newly formed Institute for Sustainable Industries & Liveable Cities incorporates study areas from the Victoria Institute of Strategic Economic Studies (VISES) and its five main research programs:
Our PhD students undertake research in areas of their own interest and passion, ranging from public financial-management reform, to women's roles in society and the economy.
Research opportunities & development
VU Research gives you opportunities to:
We offer support for graduate researchers including:
Careers in economics policy and research
Following your PhD, you’ll be ready for a research or advisory career in business or government, or to become an academic. These are usually high-level roles, and paid accordingly. The average salary for an economist in Australia is above A$100,000 (JobOutlook(external link)).
We offer industry connections to begin your career in these areas:
Academic qualification equivalents:
Entry into a research program (postgraduate study) requires completion of:
English language requirements (one of the below):
Type | Public |
Campus accommodation capacity | 500 beds |
Application portal | Online or agent |
Academic calendar | Semester based |
Mode of programs | Full-time; part-time; online |
Total no. of alumni | 240,000 |
Total No. of students | 40,000 |
Financial aid | scholarships |
The average tuition fees and other expenses at Victoria University vary depending on the course and level of study. Here is a general overview of the estimated costs for international students:
Tuition fees: The tuition fees for international students at Victoria University range from approximately AUD$24,000 to AUD$40,000 per year, depending on the course and level of study.
Overseas Student Health Cover (OSHC): International students are required to have health insurance while studying in Australia. The cost of OSHC varies depending on the duration of your course and your chosen provider, but it generally ranges from approximately AUD$500 to AUD$2,000 per year.
Accommodation: The cost of accommodation will depend on whether you choose to live on or off campus, as well as the type of accommodation you choose. On-campus accommodation ranges from approximately AUD$200 to AUD$400 per week, while off-campus accommodation can range from AUD$150 to AUD$350 per week.
Living expenses: The cost of living in Melbourne will depend on your lifestyle and spending habits. As a general guide, you should budget for approximately AUD$20,000 to AUD$25,000 per year to cover expenses such as food, transportation, and entertainment.
It's important to note that these are only estimates, and the actual costs may vary depending on your individual circumstances. Additionally, domestic students may have different fee structures and funding options available to them. It's recommended to check the university's website for more detailed information on tuition fees and other expenses.
Type | Estimated expense |
---|---|
Tuition fee | Depends on the course |
Study resources, textbooks and materials | 650 AUD per year |
Graduation ceremony cost | 112.5 AUD |
Health insurance | 435 AUD annually |
Accommodation cost | Depends on the apartment and choice |
Food and drinks | 100 AUD per week |
Tuition Fees in Australia (1st Year Average) | BE/Btech: AUD 29109 | MBA: AUD 35139 | MS: AUD 36803 | BBA: AUD 28693 | MEng: AUD 39298 | BSc: AUD 34307 | MIM: AUD 39298 | MFin: AUD 35347 | MArch: AUD 37218 | BHM: AUD 28693 | MIS: AUD 35347 | MEM: AUD 43040 |
Average Accomodation & Food Costs in Australia | AUD 1680 Per Month Approx |
Entrance Exams in Australia | TOEFL: 77 | IELTS: 6.5 | PTE: 57 | GRE: 300 | GMAT: 600 |
Work and Study in Australia | Permitted for 20 hours/week with a valid study permit. |
Post Study Work Permit in Australia | 2 Year after graduation depending on the course. |
Cost of Student Visa in Australia | AUD 620 |
Student Visa in Australia | The subclasses for the visa were reduced to two from the eight for convenience. The two visa subclasses are Subclass 500 (for students) and Subclass 590 (For Student Guardian). |
Intakes in Australia | There are Two Main Intakes in Australia: February and July. |
Top Job Sectors in Australia | Health Care and Social Assiastance, Construction, Education, Manufacturing, Public Administration and Safety, Transport & Logistics, etc. |
Economy in Australia | 1.7% (2019e) 2.3% (2020e), 10th Largest in the World by Nominal |
Tuition & fees :
$ 15,600
Total
$ 15,600