B6036 Master of Applied Econometrics

The Master of Applied Econometrics is structured in three parts. Part A. Advanced preparatory studies, Part B. Core studies and Part C. Elective studies

Part A. Advanced preparatory studies
 
These studies will introduce you to econometrics at advanced undergraduate and graduate level, and are intended for students whose previous qualification is not in a cognate field.

Part B. Core studies

These studies will develop your capacity as a critical and creative professional who is able to apply your knowledge of a specialised area to provide discipline based solutions.

Part C. Elective studies

These studies will enable you to further develop your knowledge of your specialisation, or more broadly, select any units from across the university in which you are eligible to enrol. You can also use these studies to select elective units that provide a research pathway towards a Doctor of Philosophy course.

Master's entry points

Depending on prior qualifications you may receive entry level credit (a form of block credit) which determines your point of entry to the course:

• If you are admitted at entry Level 1 you must complete 72 credit points, comprising Part A, Part B and Part C

• If you are admitted at entry Level 2* you must complete 48 credit points, comprising Part B and 12 credit points from Part C.

Note: Students eligible for credit for prior studies may elect not to receive the credit and complete one of the higher credit-point options.

*Due to unit availability and progression requirements, Entry level 2 (full-time) is restricted to semester one commencement only, and is not available for mid-year (semester two) intake. 

Research Option

Due to availability of units and progression requirements, the research pathway is available to full-time students who commence the course at:

• Entry Level 1 commencing semester two of an academic year

Part-time students interested in the research pathway should contact the Course Coordinator.

Students undertaking the double degree with the Master of Global Business or the Master of Advanced Finance cannot undertake the Research pathway in the Master of Applied Econometrics.

Course progression map

The course progression map provides guidance on unit enrolment for each semester of study.

The course comprises 72 credit points structured in three parts: Part A. Advanced preparatory studies (12 credit points), Part B. Core studies (36 credit points) and Part C. Elective studies (24 credit points).

Units are 6 credit points unless otherwise stated.

Part A. Advanced preparatory studies (12 credit points)

You must complete 12 credit points from the following.

Notes:
- You must complete either ETF5910 or ETC5241; and
- You must complete either ETF5320 or ETC5341

• ETF5910 Introductory applied econometrics

• ETC5241 Introductory econometrics

• ETF5320 Applied econometrics

• ETC5341 Applied econometrics

Part B. Core studies (36 credit points)

You must choose the Applied pathway or the Research pathway (there is a hurdle requirement for entry into the pathway).

Applied pathway (12 credit points)

You must complete 12 credit points comprising:

-ETF5560; and

-One of the following units: ETX5200, ETC5345 or ETC5420.

Note: ETF5560 is a research project unit.

Specified Applied pathway electives (24 credit points)

You must complete 24 credit points from the following:

Note: You may complete ETX5200, ETC5345 or ETC5420 if not already completed in your core studies above.

• ETC5340 Principles of econometrics

• ETC5345 Applied time series econometrics

• ETC5410 Bayesian inference and data analysis

• ETC5420 Microeconometrics 

• ETC5440 Statistical theory and practice

• ETF5231 Business forecasting

• ETF5330 Quantitative methods in financial markets

• ETC5346 Financial econometrics

• ETX5500 High dimensional data analysis

• ETF5600 Quantitative analysis of limited dependent variables

• ETX5441 Macroeconometrics

• ETX5460 Advanced financial econometrics

• ETX5200 Time series and panel data econometrics

OR

Research pathway (36 credit points)

Research pathway entry requirements:

To be eligible for the Research pathway you must meet all eligibility requirements to enrol in the research project unit ETC5860.

 You must complete the following units:

• ETC5860 Honours Research Project (12 credit points)

• ETX5200 Time series and panel data econometrics

Specified research pathway electives

You must complete18 credit points from the following units:

Note: Depending on your unit selection you may be required to complete specific prerequisites as part of the elective units in Part C.

• ETC5440 Statistical theory and practice

• ETX5460 Advanced financial econometrics

• ETC5345 Applied time series econometrics

• ETC5410 Bayesian inference and data analysis

• ETX5441 Macroeconometrics

• ETC5420 Microeconometrics

Part C. Elective studies (24 credit points)

You must complete 24 credit points of elective study. Electives may be chosen from:

• Units not already completed in Part B above;

• Up to two units from the list below;

• Either Level 4 or Level 5 units from the Faculty of Business and Economics (which may include  study tours, consulting projects or industry placements) or units from across the University, provided you have met the relevant prerequisites and there are no enrolment restrictions.

Notes:

-If you are admitted into entry point 2, you must complete 12 credit points.

-ETX5900 Business statistics cannot be taken in this degree.

-The Course Director can guide you to appropriate electives based on your area of interest.

Applied pathway

If you are considering ETF5202 or ETC5252, you may complete only one of these units to count towards your 24 credit points

• ETF5970 Mathematics for business

• ETF5202 Statistical foundations of business analytics

• ETC5252 Probability and statistical inference for economics and business 

• ETF5248 Optimisation for business

• ETF5922 Data visualisation and communication

or

Research pathway

You may complete either ETF5330 or ETC5346. Only one of these units can count towards the 24 credit points required.

• ETF5330 Quantitative methods for financial markets

• ETC5346 Financial econometrics

• ETC5340 Principles of econometrics