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Study MS in Economics in Australia

A rigorous master's — top universities, fees, IELTS/PTE, 485 visa, scholarships and analyst careers for Indian students.

★★★★★ Rated 4.9 by students on Google
1.5–2 years AU$40,000–$52,000/yr Feb · Jul 485 visa — 2–4 yrs PSW

A Master of Economics in Australia gives you rigorous training in micro, macro and econometrics — with many programmes offering an applied/quantitative focus. These analytical skills are prized in banking, consulting, policy, tech and data roles, and Australia has world-class economics departments (ANU, Melbourne).

After graduating you get a 485 Temporary Graduate visa (2–4 years). With tuition typically AU$40,000–$52,000/year, Feb & July intakes, and PTE/IELTS accepted, it suits quantitative graduates and is also a strong route toward a PhD.

Why Study MS in Economics in Australia?

World-Class Departments

ANU, Melbourne and Sydney lead in economics.

485 Post-Study Work

Stay and work 2–4 years on the Temporary Graduate visa.

Versatile Careers

Banking, consulting, policy, tech and data analysis.

Gateway to PhD

A strong foundation for doctoral study.

Scholarships Available

Merit awards help offset tuition.

Feb & July Intakes

Flexibility to start twice a year.

Top Universities for MS in Economics in Australia

RankUniversity / Business School
1University of Melbourne
2Australian National University (ANU)
3University of Sydney
4UNSW Sydney
5Monash University
6University of Queensland (UQ)
7University of Western Australia (UWA)
8University of Adelaide
9RMIT University
10University of Technology Sydney (UTS)
11Macquarie University
12Deakin University
13La Trobe University
14Griffith University
15Curtin University

Explore all universities → · Vibedu shortlists the best-fit schools for your profile, free.

MS in Economics Fees & Cost in Australia

Master of Economics tuition in Australia typically ranges from AU$40,000 to $52,000 per year, with the Group of Eight at the higher end and strong value at RMIT, Deakin, La Trobe and Griffith. Add roughly AU$21,000–$29,000/year for living costs. Scholarships can offset costs — Vibedu helps you target funded programmes.

Eligibility for MS in Economics in Australia (Indian Students)

  • A bachelor's degree in economics or a quantitative field (maths, statistics, engineering).
  • Strong mathematics — calculus, statistics and often econometrics.
  • A good academic record — economics programmes are competitive.
  • IELTS 6.5–7.0 (or PTE equivalent); TOEFL also accepted.
  • SOP, transcripts and resume for your application.

MS in Economics in Australia — 485 Visa & Duration

An Australian Master of Economics is typically 1.5–2 years. After graduating you get a 485 visa (2–4 years) to work in Australia, or you can progress to a PhD. Vibedu helps you plan school choice and next steps.

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Scholarships to Study MS in Economics in Australia

Australian universities offer economics scholarships for Indian students — merit and international awards. Vibedu matches you to scholarships, checks loan eligibility, and explains the 485 visa route, free.

Check Your Scholarship Eligibility

See which scholarships you could qualify for in minutes — free, no obligation.

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Career Scope & Jobs After MS in Economics in Australia

Master of Economics graduates in Australia typically start at AU$70,000–$100,000+, with banking, tech and consulting roles at the higher end.

A 485 visa (2–4 years) lets you work in Australia after your degree.

EconomistEconomic AnalystData AnalystManagement ConsultantPolicy AnalystFinancial AnalystResearch EconomistQuantitative Analyst

Education Loan Pre-Approval

Fund your MS in Economics — check your education-loan eligibility in minutes.

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Study MS in Economics in Australia for Indian Students

For quantitative Indian graduates, a Master of Economics in Australia is a rigorous, versatile choice — world-class departments, a 2–4 year 485 visa, and a route to a PhD.

Vibedu helps Indian students study MS in Economics in Australia — university shortlisting, IELTS/PTE guidance, SOP, scholarships, GTE/visa, loans and career planning — free.

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Study MS in Economics in Australia — FAQs

Is MS in Economics in Australia a good choice?

Yes — Australia has world-class economics departments (ANU, Melbourne), a 485 post-study work visa (2–4 years), and versatile careers in banking, consulting, policy and data.

How much maths do I need?

Most programmes expect strong calculus, statistics and often econometrics. Vibedu helps you target programmes that match your background.

Does it lead to PR?

Economist and related roles can feature on skilled lists; PR depends on the specific occupation. Vibedu advises on realistic pathways.

How much does it cost?

Tuition is typically AU$40,000–$52,000/year, plus living costs. Scholarships and loans can help.

What jobs can I get?

Roles include economist, economic analyst and consultant, with a 485 visa to work.

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