phd in economics in australia

Doctor of Philosophy (PhD) Economics

About the Doctor of Philosophy (PhD) Economics

UNSW’s Doctor of Philosophy (PhD) Economics is offered by one of the world's top institutions in Economics (ranked 42nd in QS Subject Rankings - 2023) and will equip you with the expertise needed to become a globally focused and socially engaged researcher. 

You’ll be joining a cohort of high-achieving research students in tackling modern-day challenges at the forefront of economics, working alongside leaders in the field. This is your opportunity to become integrated into the UNSW Business School’s community of scholars.

The program is comprised of two components. You’ll begin by undertaking rigorous coursework covering microeconomic and macroeconomic theory, econometrics and applied economic analysis. As part of your doctoral program, you’ll also be involved in research projects even from an early stage. This research training will equip you with the skills required to identify, analyse and solve problems in the field. 

You’ll then pursue independent research under the supervision of high-profile UNSW academics, culminating in a doctoral thesis. Your PhD thesis will allow you to showcase your research skills and enable you to make an original contribution to the field of Economics. There will also be exciting opportunities throughout to interact with industry leaders, and to develop your teaching portfolio.

Our training is geared toward preparing you for a career in academia, although other career paths (e.g., consulting, government, industry, non-profit) are also enabled.

The vast majority of our higher degree research students are supported through a tuition waiver and stipend of around A$35-45K per year.

Before formally applying or contacting potential supervisors, you must complete an Expression of Interest (EOI) by sending the required material to [email protected] . Please read the "Instructions for Applicants" section below.

PhD program structure

Stream 1: 1-year of masters’ coursework + 3-year phd program (fully funded for coursework and phd).

Key Information:

• 1-year of Masters’ Coursework + 3-year PhD Program (fully funded both for coursework and PhD)
• The program starts in Term 1 (early February)
• No part-time option is available

Year One: Master of Pre-Doctoral Business Studies (MPDBS)

Year one will equip you with the skills required to identify, analyse and solve problems in the field, while helping you formulate your research agenda and identify potential thesis supervisors for the PhD component of the program. 

You will undertake coursework covering microeconomic and macroeconomic theory, econometrics and applied economic analysis. You’ll also have the opportunity to develop practical research skills by assisting in research projects. Upon successful completion of the first year, you’ll be awarded a Master of Pre-Doctoral Business Studies. 

A brief overview of the first year is presented below. Please visit the UNSW Handbook for full course structure details.

• Term 1:  COMM8100  + ECON7001  +  ECON7004
• Term 2:  COMM8102  +  ECON7002  + Research Assistance Work
• Term 3:  COMM8103  +  ECON7101  +  ECON7102

Year Two: Specialised Coursework and Identification of Thesis Topic

Year two will help you in further developing skills specialized towards dealing with the challenges relevant to your research topic. You’ll continue in the Economics stream with a further year of advanced coursework. 

You’ll choose up to eight additional research courses from a range of electives in consultation with your supervisor and PGRC, with the opportunity to take subjects outside of your specialised discipline. In year two, you’ll also be identifying your thesis topic with the aid of your supervisor. 

You’ll engage in literature review and research design and present your research proposal to the School of Economics at the end of the year.

Years Three – Four: Original Research and Your Doctoral Thesis

In the final three years of the program, you will be focused on conducting full-time research and completing your doctoral thesis. 

This is your opportunity to address some of the biggest challenges at the frontier of Economics and make a significant contribution to the field. Your research will offer new ways of critical thinking and withstand critical analysis from expert researchers in the area.

Stream 2: Direct Entry into the 3-year PhD Program

• Direct Entry into the 3-year PhD Program
• Note: it requires outside scholarship (or ARC Funding Support from your selected supervisor) AND a degree in Economics with research component (e.g., First-class Honours or Master’s in Economics) 
• You are expected to start in Term 1 (early February)
• A part-time option may be available (subject to approval)

Year One: Coursework and Identification of Thesis Topic

Year one will equip you with skills required to identify, analyse and solve problems relevant to your research topic.

You’ll choose up to eight research courses from a range of electives in consultation with your supervisor and PGRC, with an opportunity to take subjects outside of your specialised discipline.

These will include the four core courses listed below (unless you are exempted from taking them). You’ll also be identifying your thesis topic with the aid of your supervisor.

You’ll engage in literature review and research design and present your research proposal to the School of Economics at the end of the year. 

• Term 1:  ECON7001  +  ECON7004
• Term 2:  COMM8102  +  ECON7002

Years Two – Three: Original Research and Your Doctoral Thesis

In the final three years of the program, you will be focused on conducting full-time research and completing your doctoral thesis.

This is your opportunity to address some of the biggest challenges at the frontier of Economics and make a significant contribution to the field.

Your research will offer new ways of critical thinking and withstand critical analysis from expert researchers in the area.

Instructions for Applicants

Before formally applying or contacting potential supervisors, you need to complete the Expression of Interest (EOI) process by sending the following material to [email protected] . The EOI process opens 27 May  and closes 26 August . Only selected applicants will be invited to apply via the UNSW central portal.  

Important: make sure that you satisfy the UNSW academic and language entry requirements before submitting your EOI. Please read the Entry Requirements  section below. 

Subject: MPDBS Application

• Your name, citizenship, and whether you are a citizen or permanent resident of Australia.
• Your degree(s), institution(s) and year(s) of completion of previous studies.
• A list of advanced economics, mathematics and statistics courses taken and the grades you obtained for these courses.
• Names of two references (recommendation letter writers) and their contact details (e.g., affiliation, title, email).
• Names of two academics you wish to work with at UNSW.
• Three to five academic papers you have recently read that relevant for your research interest.

Attachments (in PDF):

• Your academic CV.
• Your official academic transcripts from previous degree(s).
• Your official GRE results.
• A research proposal or statement of purpose.
• If applicable, proof of your English Language requirement.

Subject: Direct Entry PhD Application

• A description of your Honours or Master’s thesis.
• Your funding source: outside scholarship, external grant, or support from potential supervisor.
• A copy of your Honours or Master’s thesis.

Academic Entry Requirement

The minimum academic entry requirement for Stream 1 is the equivalent of a four-year UNSW Bachelor’s degree in a relevant discipline (Economics, Finance, and related subjects) with first or upper second class honours. The minimum academic entry requirement for Stream 2 is the equivalent of a four-year UNSW Bachelor’s degree with an Honours year (research), or the equivalent of a UNSW Masters’ degree with substantial research component with first or upper second class honours.

Note: an upper second class honours is equivalent to a weighted average mark of at least 75/100 (i.e., a Distinction) at UNSW and is allocated to roughly the top 30% of students. Grading systems vary across countries. For more information, read this guide for grade equivalencies between countries .

If you are unsure if you satisfy the academic entry requirement, contact us at [email protected] and we will provide feedback.

English Language Requirement

UNSW recognises the follow countries as English-speaking: American Samoa, Australia, Bahamas, Barbados, Belize, Botswana, Canada, Fiji, Gibraltar, Ghana, Guyana, Ireland, Jamaica, Kenya, Lesotho, Liberia, New Zealand, Nigeria, Papua New Guinea, Singapore, Solomon Islands, South Africa, The Gambia, Tonga, Trinidad and Tobago, United Kingdom (including Northern Ireland), United States of America, Zambia, Zimbabwe.

If you are not a citizen of an English-speaking country, then you will need to establish that you have sufficient English language fluency. There are four ways to establish sufficient English language fluency: English Tests (including IELTS, TOEFL, Pearson and Cambridge), UNSW Global English Course, Prior Study, or an English Waiver. For details on each of these, please review our English language requirements .

• University of Bologna, Department of Economics, Research Fellow
• The National University of Singapore, Asia Competitiveness Institute, Research Fellow
• Monash University, Centre for Global Business, Research Fellow
• University of Oxford, Magdalen College, Research Fellow, then ETH Zurich, Department of Management, Technology and Economics, Assistant Professor
• Shenzhen Research Institute of Big Data, Research Fellow
• Monash University, Department of Econometrics and Business Statistics, Research Fellow
• The University of Melbourne, School of Mathematics and Statistics (Lecturer)
• University of New South Wales, CEPAR, Research Fellow
• University of Sydney, School of Economics, Research Fellow
• Wuhan University, Economics and Management School, Assistant Professor
• Australian National University, ANU College of Business and Economics, Associate Lecturer
• East China University of Science and Technology, School of Business, Lecturer
• University of Toronto, Department of Economics, Research Fellow
• South China Normal University, School of Economics and Management, Lecturer
• University of Sydney, Research Fellow, then University of Technological Sydney, Economics Discipline, Chancellor's Post-Doctoral Research Fellow
• University of Geneva, Faculty of History, Economics and Society, Research Fellow, then South Mediterranean University, Mediterranean School of Business, Assistant Professor
• Southwestern University of Finance and Economics, School of Public Administration, Associate Professor
• International University of Japan, Graduate School of International Relations, Assistant Professor
• University of New South Wales, School of Economics, Research Fellow
• Shanghai Tech University, School of Entrepreneurship and Management, Assistant Professor
• University of Bath, Department of Economics, Lecturer
• Sun-yat Sen University, Department of Economics, Assistant Professor 
• University of Technology Sydney, Research Fellow, then Macquarie University, Centre for the Health Economy, Honorary Research Fellow
• Zurich University of Applied Sciences, ZHAW, Research Fellow
• Jinan University, Institute for Economic and Social Research, Assistant Professor
• University of Melbourne, Melbourne Institute of Applied Economic and Social Research, Research Fellow
• Curtin University, School of Accounting, Economics and Finance, Lecturer, then Macquarie University, Macquarie Business School, Lecturer
• University of Technology Sydney, CHERE, Research Fellow
• University of Peradeniya, Department of Agricultural Economics and Business Management, Professor
• University of Technology Sydney, CHERE, Senior Research Fellow
• Monash University, Centre for Health Economics, Research Fellow
• Monash University, Monash Business School, Research Fellow
• UNSW, School of Economics, Research Fellow
• Durham University, Business School, Lecturer
• UCL Australia, Faculty of Engineering Science, Lecturer
• Shandong University, School of Economics, Assistant Professor
• University of Sydney, Charles Perkins Centre, Research Fellow
• University of Mannheim, Department of Economics, Research Fellow, then Monash University, School of Economics, Lecturer
• University of Tasmania, Tasmanian School of Business and Economics, Lecturer
• City University of London, Department of Economics, Lecturer
• Shangdong University, School of Economics, Lecturer
• Fukushima University, Faculty of Economics and Business Administration, Associate Professor

Your PhD will set you on the path to a career in a premier research institution, anywhere in the world. Throughout your research degree, you’ll also have many opportunities to develop your teaching portfolio.

Beyond academia, there’s also significant demand in the private and public sectors for people with deep knowledge and sound research and analytical skills*.

Whether you’re looking to pursue a career in academia, or take your research skills out to industry, a PhD in Economics from UNSW will get you there.

* Source:  2019 Advancing Australia’s Knowledge Economy Report

The UNSW Business School is ranked within the Top 50 worldwide for Economics and Econometrics.

An increasing number of PhD graduates find employment in business, government, and the non-profit sector. Nineteen of the largest ASX companies have PhD graduates on their senior executive teams.

Degree type

Postgraduate Research

Commencing terms

Term 1 – February

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Economics PhD Program

At the heart of a great graduate program is a first-rate training in the foundations of Economic Theory and Econometrics.

In our Economics PhD Program, this outcome is achieved via a program of ‘core’ PhD classes, taken by all students, which provide the concepts and analytical tools required of every economist. In addition, each student develops expertise through field subjects in which students study advanced topics and become familiar with the frontiers of research in that field. A list of the fields to be offered is provided below.

Significant scholarship support, free from teaching obligations, is awarded competitively. There will also be opportunities for additional financial support from teaching assistant or research assistant roles.

The program will be synchronised with programs in North America, Europe, and Asia. We aim to routinely place students in regular tenure-track academic positions in the US, Canada, Europe, Asia, and Australia.

The PhD in Economics requires the completion of high-level coursework subjects and rigorous research training producing a PhD thesis. PhD students in Economics progress through the degree in three stages, as outlined in the  UTS Business School Doctoral Framework , and use the Graduate Research Study Plan (GRSP) to plan, monitor, and review their progress.

Coursework 

The coursework component of the PhD in Economics consists of core subjects and research field subjects. The core subjects provide the foundational knowledge essential to first-rate research. The research field subjects take PhD students to the frontiers of research.

Core Subjects

Core subjects provide rigorous training in Economic Theory and Econometrics.  

At the end of their first year, students must pass comprehensive exams in Econometrics and Economic Theory in order to continue the program.

Research field subjects

The program offers a variety of research field subjects to provide state-of-the-art training in economics research. The topics offered reflect the diversity of research strengths of the department, and include:

• Behavioural Economics
• Development Economics
• Econometrics
• Economic Theory
• Experimental Economics
• Health Economics
• Industrial Organisation
• Labour Economics
• Market Design
• Public Economics

Research development

A second-year paper will be due at the end of Year 2. Students will present their papers in the Economics PhD Conference in August, attended by faculty and graduate students. The conference achieves several important objectives. It provides students with the opportunity to develop the presentation skills they will need when on the job market and afterwards.  It fosters a research environment among the graduate students – in a good graduate program students learn a great deal from other graduate students. Finally, it ensures that all students are making good progress as they transition from coursework to research. By the end of their second year, students should have chosen their Primary Supervisor and the other two members of their Supervisory Panel.

Thesis development

Students are expected to participate in the research activities of the department. They should attend and participate in the department seminar series.

Every year students will present their papers at the Economics PhD Conference, attended by faculty and graduate students. Students should have three complete research papers. One of these papers should be polished and suitable for serving as the student’s “job market” paper.

Thesis completion

At the end of the program, students defend and submit their thesis for external examination. A thesis will typically consist of three high-quality chapters, with a brief introduction and conclusion. It should be the view of the students' Supervisory Panel that each chapter will be suitable for submission for publication after further development and polishing.

The final thesis will be examined by at least two external examiners.

Financial support 

Significant scholarship support, free from teaching obligations, is awarded competitively. There are also opportunities for additional financial support from teaching assistant or research assistant roles.

Graduate student teaching 

Teaching experience is an integral part of PhD training. Many academic employers expect new assistant professors to have experience either as teaching assistants or an instructor of their own classes. Students will have various teaching or research opportunities of their interest while in the program.

Further information

For admission requirements, fees, and other details, visit  Doctor of Philosophy .

Applications

The Program runs in sync with programs in the US and Europe with courses starting towards the end of July. Those interested in applying to the PhD Program in Economics at UTS should submit an  Expression of Interest (EOI) form .

To complete your EOI, make sure that a minimum of two (preferably three) confidential letters of recommendation are sent by the referees (not by the applicant) to  [email protected] .

Questions about applying should be directed to the Business Research Office at  [email protected]  or the Economics PhD Admission Officer at  [email protected] .

EOI closing date for July 2024 intake

Open from 1 October to 30 November 2023.

UTS acknowledges the Gadigal people of the Eora Nation, the Boorooberongal people of the Dharug Nation, the Bidiagal people and the Gamaygal people, upon whose ancestral lands our university stands. We would also like to pay respect to the Elders both past and present, acknowledging them as the traditional custodians of knowledge for these lands.

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Phd in economics.

The Crawford Economics PhD is a degree program that applies the discipline of economics to matters of public policy. As Australia’s national university, the ANU is home to the country’s leading group of economists concerned with economic policy. In applications as diverse as natural resources, international trade and finance, economic development, and the environment, ANU economists are national and world leaders. Their interests encompass policy issues in Australia, the neighbouring Asia-Pacific region, and other countries of the world as well as the international economic institutions. Crawford Economics PhD brings this expertise together to inform a new generation of researchers and policy makers through postgraduate research training.

An important feature of the Crawford Economics PhD is the year of coursework that is tailored to budding researchers in all areas of economic analysis of public policy. The applied and policy-oriented nature of these courses are what distinguish this PhD degree from the companion Economics PhD program at the ANU College of Business and Economics , although the two programs work in close harmony with similar rules and procedures.

Prospective PhD candidates please follow these steps.

Step 1: Check your eligibility

To be admitted to the Doctor of Philosophy, Economics PhD program you are required to have achieved: • A Bachelor degree with First Class Honours or Second Class Honours Division A in economics with a minimum weighted average of 75 from an Australian Go8 university or equivalent, or • A Bachelor degree with First Class Honours or Second Class Honours Division A with a minimum weighted average of 75 from an Australian Go8 university or equivalent, which includes a major or equivalent in economics or is complemented by a Master degree or equivalent in economics, or • A Master degree or equivalent postgraduate qualification in economics that is deemed by the Economics HDR Convenor to be at least equivalent to Second Class Honours Division A at ANU , with a minimum weighted average of 75, or • A Master degree or equivalent postgraduate qualification in economics that is deemed by the Economics HDR Convenor to be at least equivalent to Second Class Honours Division A at ANU , with a minimum weighted average of 70 plus research experience, potentially including a research project at the Master level, academic publications, and/or research experience in a work setting.

In the above, economics includes specialised or closely related fields such as agricultural economics but does not include business or accounting. Applications will be assessed on a case-by-case basis by the Economics HDR Convenor.

Candidates are assumed to have a background in mathematical economics at least at the level of ECON8013 Optimisation for Economics and Financial Economics or IDEC8015 Mathematical Methods in Applied Economics and a background in econometrics at least at the level of EMET8005 Econometric Methods and Modelling or IDEC8017 Econometric Techniques . Candidates can otherwise complete these courses as part of their program, but these courses will not be counted towards the Part A coursework requirement.

All applicants must meet the University’s English Language Admission Requirements for Students .

Where relevant, it is possible for students to apply for credit for some of the Part A courses in line with the Research Awards Rule 2021 .

Inquiries regarding the admission requirements and possible course credit may be addressed to the Economics HDR Convenor .

Step 2: Look for two possible supervisors

Please look through the Arndt-Corden Department of Economics academics list to search for supervisors. Note that some of the academics listed might not be available to take on more students. At ANU, Higher Degree Research students have a Chair of Panel, Primary Supervisor, and Associate Supervisors (advisors). If you apply to enter the PhD in Economics, the Primary Supervisor and a second supervisor need to be from the Arndt-Corden Department of Economics at ANU.

Step 3: Write the thesis proposal within 7–8 pages

Give a precise and informative description of the project.

A summary of the proposed research that includes the key research question or hypothesis, the rationale for the research, the region under study, and the method to be employed in the research.

Aims & significance

A clearly focused statement of the overall purpose of the proposed research (i.e. why is it important?).

Research questions &/or hypotheses

The questions that the proposed research will address and/or the hypotheses that will be tested.

Literature review

You need to demonstrate that are aware of the wider literature published internationally and your research can be engaged with the on-going debates. Therefore, you need to provide a preliminary review of the key research that has already been carried out in the field and identification of the gaps in the literature that the proposed research aims to fill.

A proposal should spell out at least initial ideas for the methods. You should discuss how the proposed methods are appropriate for the proposed project, and indicate the likely feasibility of the proposed approach. Give an explanation of what type of data will be required and how it will be collected, and how the data will be analysed.

An indication of how the research will be carried out over the duration of a full-time (3–4 years) or part-time (6–8 years) candidature.

If relevant, an indication of the funding that will be required (such as for fieldwork) and options for procuring external funding, as well any special materials or training that may be necessary for the successful completion of the project.

Institutional fit

A statement on why the Arndt-Corden Department of Economics is suitable for your project and an indication of potential supervisors.

A list of references cited in or relevant to the proposal.

Step 4: Submit an expression of interest to potential supervisors

Before submitting an application for admission, you must submit an expression of interest by emailing the following documents to two potential supervisors: • Curriculum vitae (CV) • Academic transcripts • IELTS/TOEFL results (if applicable) • Thesis proposal (7–8 pages) Your potential supervisors might arrange an interview with you either in person or online.

Step 5: Make a formal application to ANU

• A minimum of 3 letters of reference required (at least 2 academic)

• Have two confirmed Arndt-Corden Department of Economics academics willing to be your proposed supervisors.

Once both supervisors have signed off on your proposal, you may then submit an online application. Your application will be sent to the Crawford HDR Admissions Committee for assessment at the next Crawford HDR Admissions meeting. Please contact the Crawford HDR Coordinator for more information and see PhD programs for due dates.

Part A - Compulsory coursework requirements

Economics students must successfully complete CRWF9000 Fostering Public Policy Research (0 units) and 48 units in the first 12 months of candidature or part-time equivalent. This includes the following three compulsory courses:

• IDEC8064 Masters Microeconomics
• IDEC8008 Open Economy Macroeconomics, Finance, and Development
• IDEC9024 Economics Seminars

And at least one compulsory advanced econometrics course from the below list:

• EMET8001 Applied Micro-Econometrics
• EMET8010 Applied Macro and Financial Econometrics
• IDEC8023 Case Studies in Applied Econometrics
• IDEC8026 Quantitative Policy Impact Evaluation

Note : With approval of their Chair of Panel, students have the option of substituting ECON8011 for IDEC8064 and/or ECON8022 for IDEC8008.

Students must also complete four electives from the set of courses below, chosen in accordance with the candidate’s research interests and on the advice of the candidate’s Chair of Panel:

• Graduate (8000 level) courses offered by the Crawford School of Public Policy .
• Graduate (8000 level) courses offered by the Research School of Economics .
• Specialist graduate courses taught elsewhere at ANU - for example, in mathematics or finance – can be approved in exceptional circumstances.

Suitable electives offered by the Crawford School of Public Policy (not all courses are offered in all years; check for availability):

• IDEC8007 Aid and Development Policy
• IDEC8010 Quantitative International Economics
• IDEC8012 Quantitative Methods for Monetary Policy Analysis
• IDEC8014 Quantitative Financial Economics
• IDEC8018 Agricultural and Resource Economics
• IDEC8020 Applied Economic Dynamics
• IDEC8021 The Chinese Economy
• IDEC8022 Economic Development
• IDEC8025 Empirical Public Finance
• IDEC8028 The Microeconomics of Development
• IDEC8030 Issues in Applied Macroeconomics
• IDEC8034 Middle Eastern Economies
• IDEC8035 Islamic Economies in Practice
• IDEC8037 Pacific Economies and Politics
• IDEC8053 Environmental Economics
• IDEC8081 Economics of Incentives and Institutions
• IDEC8083 Financial Markets and Instruments
• IDEC8088 Cost-Benefit Analysis: Principles and Practice
• IDEC8089 Energy Economics
• IDEC8127 Modelling the Global Economy: Techniques and Policy Implications
• EMDV8080 International Climate Change Policy and Economics
• EMDV8081 Domestic Climate Change Policy and Economics

Suitable electives offered by the Research School of Economics (not all courses are offered in all years; check for availability):

• ECON8003 Economic Policy Issues
• ECON8009 International Monetary Economics
• ECON8014 Computational Methods in Economics
• ECON8015 International Economics
• ECON8021 Topics in Microeconomic Theory
• ECON8034 Public Sector Economics
• ECON8037 Financial Economics
• ECON8038 Industrial Organisation
• ECON8041 Labour Economics & Industrial Relations
• ECON8047 Law and Economics
• ECON8050 Economic Growth
• ECON8053 Strategic Thinking: An Introduction to Game Theory
• ECON8078 Organisational Economics
• ECON8080 Advanced Behavioral Economics
• ECON8180 Economic Analysis of the Digital Economy
• ECON8901 Advanced Topics in Poverty, Public Policy and Development
• EMET8010 Applied Macro & Financial Econometrics
• EMET8012 Business & Economic Forecasting
• EMET8014 Advanced Econometrics I
• EMET8008 Advanced Econometrics II

Part B – Supervised research and thesis

Following successful completion of Part A, candidates commence Part B of the program comprising a period of study normally equivalent to between 24 and 36 months of full-time research. During this period, each candidate writes a doctoral thesis. When the thesis is complete, the candidate submits the thesis to be examined. The thesis will be examined by two to three outside examiners who are experts in the relevant field. The PhD degree is awarded solely on the basis of the examination of the research thesis. While examiners would be aware the candidate has completed coursework requirements, the level of performance in coursework is not taken into account in examining the candidate for the award of the degree.

During Part B, each candidate is expected to contribute regularly to seminars in the Crawford Economics PhD seminar. Such contribution should include regular attendance, active involvement including constructive comments on the work of others, and presenting at least once a year.

Progress milestones in Part B

It is University policy that each candidate’s progress should be reviewed periodically. In every year of their PhD studies, PhD candidates are required to submit an Annual Plan, which outlines their research plan for the next twelve months, and a Progress Report, which summarises their progress in their research and also discusses difficulties or changes in their research path, if any. The Progress Report and the Annual Plan form the basis of the student’s Annual Review. In addition to these, in the second year, candidates must submit their Thesis Proposal for review. The proposal is a description of the research questions to be studied in the thesis, and a discussion of the structure of the thesis and its time plan. From this document the student’s supervisory panel can judge the originality, significance, adequacy and achievability of the thesis plan.

Tell me more about ANU policies in relation to Higher Degree Research students.

Updated:   28 March 2024 / Responsible Officer:   Crawford Engagement / Page Contact:   CAP Web Team

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PhDs and research master's degrees

If you’re interested in pursuing a higher degree in economics, the University of Queensland’s School of Economics is one of the largest and most respected departments in Australia and the Asia-Pacific region.

The faculty consists of some of the foremost researchers and accomplished scholars in their specialisation, along with a growing cohort of exceptional junior academics. The School of Economics offers a range of Higher Degree by Research programs that prepare students for success in academia, business and government. 

Doctor of Philosophy (PhD)

A Doctor of Philosophy (PhD) is an internationally recognised graduate research program that will enable you to become an independent researcher. 

Find out more about the PhD program

Master of Philosophy (MPhil)

As an MPhil student you’ll be working alongside leading academics on an original and significant research project of your choice.

Find out more about the MPhil program

Begin your research journey

First, check your eligibility for a research degree by visiting the relevant program page.

Before you apply, you'll need to either:

• find a researcher to supervise your own research project and apply for a scholarship, or
• join one of our funded projects with scholarship support.
• Find a supervisor
• Find a scholarship
• Find a research project
• How to apply

Our team is available to answer any questions you might have about our PhD and MPhil programs.

Contact the HDR team

• Programs and Courses

Doctor of Philosophy, ANU College of Business and Economics

A single four year research award offered by the ANU College of Business and Economics

• Length 4 year full-time
• Minimum 192 Units
• Academic plan 9040XPHD
• CRICOS code 048345A
• Admission & Fees
• Introduction

Employment Opportunities

Further information.

• Additional Information

Admission Requirements

Scholarships.

• Indicative Fees

Program Requirements

The Doctor of Philosophy requires the submission and successful examination of a thesis of up to 100,000 words on an approved topic. The PhD program also includes some preparatory coursework as required by the Delegated Authority (up to a maximum of 48 units).

Study consists of two to four years of full-time study or part-time equivalent.

To be admitted to the Doctor of Philosophy program you will be required to have completed at least a four-year Australian degree or equivalent with a result of first class honours or upper second class honours or such other qualification (being a qualification that is equivalent or superior to such a degree) as the Delegated Authority determines.

All applicants must meet the University’s English Language Admission Requirements for Students .

You may be granted admission if you can demonstrate that you have a background equivalent to these qualifications.

If you think you qualify, check out our guidance on how to apply .

Indicative fees

All students are required to pay the Services and amenities fee  (SA Fee)

Domestic students

Domestic research students are not required to pay tuition fees as they are enrolled under the Research Training Scheme which funds the fees. For further information see students.anu.edu.au/fees/domestic/research.php

International students

Indicative fees for international students are:

International student fees (ISF)

Overseas Student Health Cover (OSHC)

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees

Fee Information

All students are required to pay the  Services and amenities fee  (SA Fee)

The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.

For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments

ANU offers a wide range of  scholarships  to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the  Scholarships  website.

Exceptional research degrees at ANU

The Australian National University provides PhD students with a vibrant research community and outstanding program support . When selecting a research program, an institution's reputation is everything. ANU is one of the world's leading universities, and the smart choice for your research program.

As a PhD student you will work with increased independence, under the direction of a supervisory panel of experts in the field. Your research will make an original and important contribution to human knowledge, research and development .

Career Options

ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.

We have graduated remarkable people from every part of our continent, our region and all walks of life.

For more information on the PhD program please see graduate research fields below:

PhD in Business with the Research School of Management (RSM)

PhD in Commerce/Accounting with the Research School of Accounting (RSA)

PhD in Finance ,   Actuarial Studies or Statistics with the Research School of Finance, Actuarial Studies and Statistics (RSFAS)

PhD in Economics with the Research School of Economics (RSE).

Due to the sequencing of the coursework that is required for the PhD in Economics, admission with entry in the second semester (starting in July) will only be granted if a successful applicant has already completed most of the PhD coursework as part of the ANU Master of Economics . All other applicants should apply for admission in first semester (starting in February).

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Doctor of Philosophy (PhD)

CBE offers PhD programs across the full range of disciplines within business and economics.

The College’s PhD candidates are required to submit a thesis of no more than 100,000 words. The thesis must be an original work that not only demonstrates the candidate’s ability to undertake world-class research, but that also makes a substantial contribution to the advancement of knowledge in their chosen area of study. Before completing their thesis, PhD candidates are required to complete a selection of graduate-level coursework units, usually during their first year of study, to assist them in completing their dissertation.

Admission requirements, program structure and program duration vary by discipline. You should carefully review all discipline-specific information before applying for entry to a PhD program.

Read more about CBE’s  PhD programs .

Accounting PhD candidates become active participants within RSA's vibrant research community.

Find out more »

Actuarial studies

A PhD in Actuarial Studies equips graduates with expertise in a specialised research topic.

Business information systems

The Research School of Management has world class researchers supervising a diverse range of topics.

The PhD program in Economics is addressed to students of the highest academic ambition.

A PhD in Finance equips graduates with the necessary skills to conduct research in the field of finance.

International Business

Project Management

The Statistics PhD program draws upon the diverse expertise of academic staff throughout the University.

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Courses & Units

Doctor of philosophy (economics) (c9d), overview  2024.

• International

Duration refers to the minimum and maximum amounts of time in which this course can be completed. It will be affected by whether you choose to study full or part time, noting that some programs are only available part time.

•   What is an ATAR
•   Course rules
•   Australian Qualification Framework level: 10
•    CRICOS : 085503G

View archived years for this course

For years prior to 2015, please view the Course and Unit Handbook Archive

View the current year's course page

A research degree is an advanced study program that gives you an opportunity to deeply explore a topic of your choice and the expertise of their supervisors. To find an expert in your field of interest, see the  Web Access Research Portal (WARP) site.

Research degree candidates are driven by naturally inquiring minds, and have a passion to solve problems and advance humanity. A research degree allows you to conduct your own, unique research, and produce new knowledge and expertise that is innovative, relevant, and enlightened.

Research degrees equip graduates with the transferable skills and attributes necessary for challenging and diverse roles in industry, government and business, as well as in research and academic organisations.

At the University of Tasmania, a research degree is a true mark of endeavour, providing you with the training and skills necessary for a career in academia and beyond.

To apply, see the  Graduate Research website for application information.

Course objectives

A Doctor of Philosophy produces individuals who can apply a substantial body of knowledge to research, investigate and develop new knowledge in one or more fields of investigation, scholarly expertise or professional practice.

The Degree provides candidates with skills that include the capacity to formulate a significant problem and to develop mastery of appropriate conceptual and methodological practices.

Candidates will acquire advanced specialist research training and provide evidence for independent thought and critical analysis, effective communication and expert knowledge of the discipline within a broader framework of knowledge in the international context.

At the University of Tasmania candidates are encouraged to demonstrate academic leadership, increasing independence, creativity and innovation in their research and are supported in their acquisition of a wide range of advanced and transferable skills.

Graduates will fulfil the skill requirements in the  Australian Qualification Framework for this degree and the University of Tasmania expects all graduates of a Doctor of Philosophy to meet its Generic Attributes.

Career outcomes

In Australia and around the world, Doctor of Philosophy graduates are highly regarded as potential employees.

The Doctor of Philosophy is a demonstration of a candidate's ability to conceptualise and implement an independent program of research, manage a project, organise resources, work and cooperate with colleagues and communicate effectively in writing at a high level.  As a result, PhD graduates have the opportunity to pursue diverse career paths, including professions in research and academia, as well as a broad spectrum of professions in the public and private sector.

Course structure

Entry requirements, fees & scholarships, domestic students.

If you’d like to find out more about what scholarships you might be eligible for, you can take a look our research degree scholarships . You can even apply for multiple scholarships in one easy application.

Detailed fee information for these courses is available at our research degrees page .

Domestic students enrolled in a full fee paying place are charged the Student Services and Amenities Fee but this fee is incorporated in the fees you pay for each unit you enrol in. Full fee paying domestic students do not have to make any additional SSAF payments.

Detailed tuition fee information for domestic students is available at Scholarships, fees and costs , including additional information in relation to a compulsory Student Services and Amenities Fee (SSAF) .

International students

2024 Annual Tuition Fee (international students): $36,950 AUD .

* Please note that this is an indicative fee only.

For information on general scholarships available at the University of Tasmania, please visit the scholarships website .

Additional costs

For information about additional costs associated with undertaking a PhD at the University of Tasmania visit the Research Degrees Website

All candidates must pay a  Student Services and Amenities Fee (SSAF), which we use to improve student services.  This cost is included in international tuition fees, however domestic candidates are charged separately.

How can we help?

Do you have any questions about choosing a course or applying? Get in touch.

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Apply for Doctor of Philosophy - Economics and Finance

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Economics and Finance

Doctorate by research.

This offering version is phasing out and no longer taking applications. You may be able to apply for a later version.

• Qualification Doctor of Philosophy - Economics and Finance

The Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS) Code indicates a registered program offered to international students studying in Australia on student visas.

As a doctoral research degree candidate, you will uncover new knowledge either by the discovery of new facts, the formulation of theories or the innovative reinterpretation of known data and established ideas. Your research will use an in-depth understanding of theories and concepts to develop practical solutions for real-world problems.

A higher degree by research differs from other postgraduate degrees in that at least two-thirds of the study program must involve research. Although some coursework units may be required, the main part of your work will be in the form of a thesis written under the guidance of a supervisor and associate supervisor(s). Your thesis must, in the opinion of the examiners, be a substantial original contribution to the knowledge or understanding of any field through the discovery of new facts, the formulation of theories or the innovative reinterpretation of known data and established ideas. It must also demonstrate your capacity to conceive, design and complete independent research.

Throughout your studies, our faculties will provide you with access to equipment and resources to support your research, and financial assistance to attend appropriate local and international conferences.

Why research at Curtin

Curtin is widely recognised for applied research firmly focused on solving real-world problems. Underpinning our research endeavours are strong partnerships with industry, business and government, which result in outcomes that greatly benefit the broader community locally, nationally and globally. Our international reputation for being a strong partner in industry-driven research ensures our graduates enjoy outstanding opportunities to become innovators in their fields.

What you'll learn

• independently plan a significant investigation into a topic of relevance to the Economics, Finance or Property disciplines; develop a conceptual rationale for the conduct of specific research and demonstrate a substantial contribution to the understanding of the field of study
• evaluate research design, methodologies, methods and findings from different perspectives; logically argue a case for a particular research approach
• independently access, interpret and synthesise research; examine and evaluate an Economic, Finance or Property related issue and identify aspects for further research
• effectively communicate research approaches and findings through both verbal and written means with consideration of the audience
• determine technology appropriate to the storage and retrieval of references; utilise technology to support data analysis and recognise advantages and limitations of a variety of different approaches
• develop strategies of independent research; develop a research time line, conduct an inquiry into an area of intellectual significance; develop independent and life-long research skills
• consider the context of international literature and methodologies for the research topic selected; develop internationally appropriate implications of the research conducted
• appreciate ethical strategies for the conduct of research which reflect a respect for individual rights and cultural understandings
• conduct ethical research; work independently to manage a significant research project; work constructively with supervisors

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Professional recognition

Depending on your area of speciality, you may be eligible for membership of various professional organisations upon graduation.

Admission criteria

What you need in order to get into this course. There are different pathway options depending on your level of work and education experience.

Entry requirements for Australian and New Zealand students

Generally, a master degree or bachelor degree with first or upper second class honours.

English requirements

Curtin requires all applicants to demonstrate proficiency in English. Specific English requirements for this course are outlined in the IELTS table below.

You may demonstrate English proficiency using the following tests and qualifications .

IELTS Academic (International English Language Testing System)

Overall band score

Use your experience to get credit towards your degree

Finish your course sooner with credit for your previous study or work experience.

Fees and charges

Under the Research Training Program (RTP), Australian and New Zealand citizens and Australian permanent residents undertaking higher degrees by research may be granted an Australian Government RTP Fee Offset Scholarship to assist with tuition fee liability.

You may be eligible for a scholarship or industry assistance (sponsorship) may be available from external organisations under special conditions.

Fee information is not available for this course at this time. Find estimated course fees .

Looking for more detail on the course structure?

The offering information on this website applies only to future students. Current students should refer to faculty handbooks for current or past course information.

The information on this page may be subject to change. In particular, Curtin University may change the content, method or location of delivery or tuition fees of courses.

While Curtin uses reasonable efforts to ensure that the information provided on this page is accurate and up to date, errors and omissions sometimes occur. Curtin makes no warranty, representation or undertaking (expressed or implied) nor does it assume any legal liability (direct or indirect) for the accuracy, completeness or usefulness of any information.

View courses information disclaimer .

• Curtin course code:  DR-ECFNCE
• CRICOS code:  043989E
• Last updated on:  26 March 2024

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Bachelor of Business Administration (BBA) Specialisations

Business specialisations available in the BBA:

• Accounting for Business Decisions Specialisation
• Business Law and Policy Specialisation
• Business Project Management Specialisation
• Business Strategy Specialisation
• Corporate Governance Specialisation
• Social Media and Digital Marketing Specialisation
• Event Management Specialisation
• Fashion Marketing Specialisation
• Information Systems in Business Specialisation
• International Management Specialisation
• Marketing Foundations Specialisation
• Property Investment Specialisation
• Public Relations Specialisation
• Small Business Start-Up Specialisation
• Social Leadership and Ethics Specialisation
• Taxation Law Specialisation
• The Business of Advertising Specialisation
• Tourism and Hospitality Essentials Specialisation
• User Experience for Business Optimisation Specialisation
• Workforce Management Specialisation

Specialisations available from Humanities and Science:

• Actuarial Financial Mathematics Specialisation
• Advertising Design Specialisation
• Animation and Game Design Specialisation
• Anthropology and Sociology Specialisation
• Asian Studies Specialisation
• Chinese Language Specialisation
• Construction Management Specialisation
• Creative Writing Specialisation
• Design Thinking and Visual Communication Specialisation
• Designing Fashion Specialisation
• Digital Design Specialisation
• Digital and Social Media Specialisation
• English and Cultural Studies Specialisation
• Environmental Planning Specialisation
• Fashion Design Specialisation
• Fine Art Specialisation
• Geography Specialisation
• Graphic Design Specialisation
• Graphics Specialisation
• History Specialisation
• Illustration Specialisation
• Interior Architecture – Applied Interior Design Specialisation
• Interior Architecture Specialisation
• International Development Specialisation
• Journalism Specialisation
• Landscape and Natural Resource Management Specialisation
• Photography Specialisation
• Principles of Planning Specialisation
• Professional Writing Specialisation
• Screen Production Specialisation
• Social Inclusion and Equity Specialisation
• Social Justice Specialisation
• Surveying and Spatial Sciences Specialisation
• Theatre Arts Specialisation
• Urban Design and Planning Specialisation
• Web Media Specialisation
• Web Presence Specialisation

Bachelor of Commerce Specialisations

Business specialisations:

• Applied Finance Specialisation
• Banking Specialisation
• Employment Relations Specialisation
• Innovation and Entrepreneurship Specialisation
• Corporate Screen Production Specialisation

Bachelor of Innovation Specialisations

Specialisations available from Humanities, Science and the Centre for Aboriginal Studies:

• Biological Diversity Minor
• Climate Change Science Minor
• Environmental Management Minor
• Food Science Minor
• Forensic Studies Minor
• Geophysics Minor
• Geospatial Technology Minor
• Go Global – Internship Specialisation 1
• Go Practice – Internship Specialisation 1
• Indigenous Australian Cultural Studies Specialisation
• Landscape Restoration Minor
• Mapping and Land Planning Minor
• Metallurgy Minor
• Mining Minor
• Optimisation Minor
• Strategic Studies Specialisation

Domestic students

You are considered a domestic student if you are:

• an Australian or New Zealand citizen or permanent resident
• Humanitarian visa holder

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PhD (Economics, Finance & Marketing)

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Build on your advanced research skills and prepare for a successful career in public and private sector or academia.

You're viewing program information for local students.

RMIT considers you a local student if you are:

• a citizen or permanent resident of Australia, or
• a New Zealand citizen, or
• a person seeking asylum who holds either a: Temporary Protection Visa (TPV), or Safe Haven Enterprise Visa (SHEV) or Bridging Visa E or Humanitarian Stay (Temporary) visa or Temporary Humanitarian Concern Visa.

Asylum seekers who reside in Australia and study onshore are required to pay international onshore tuition fees for higher education courses.

If you are unsure or hold a different visa type, please contact  Study@RMIT for more information.

Not a local student?

You're viewing program information for international students..

RMIT considers you an international student if you are:

• intending to study on a student visa, or
• not a citizen or permanent resident of Australia, or
• not a New Zealand citizen, or
• not a a person seeking asylum who holds either a: Temporary Protection Visa (TPV), or Safe Haven Enterprise Visa (SHEV) or Bridging Visa E or Humanitarian Stay (Temporary) visa or Temporary Humanitarian Concern Visa.

If you are unsure or  hold a different visa type, please contact  Study@RMIT for more information.

Not an international student?

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Research Training Scheme

See admissions

AU$36,480 (2024 annual)

In this PhD program you will develop advanced research skills that will prepare you for a career in academia and other settings in which systematic and critical analytical skills are required.

This PhD degree may be undertaken in a project or thesis mode.

You can specialise in:

• empirical microeconomics
• innovation economics
• development economics
• health economics
• cultural economics
• applied economic modelling
• behavioural economics
• experimental economics
• corporate governance/social responsibility.
• capital markets and financial institutions
• financial instruments
• international finance
• macroeconomics.
• product innovation
• social marketing
• electronic marketing
• services marketing
• macro marketing
• integrated marketing communications
• sponsorship
• business-to-business marketing
• consumer behaviour
• buyer behaviour
• word of mouth
• customer relationship management
• consumer psychology
• service quality

How you will learn

RMIT's  Swanston Academic Building  is the base for your business research career.

The building's features include:

• interactive lecture and tutorial spaces, lectorial theatres, small-group rooms and
• other innovative spaces to support enterprise formation.
• Formal learning areas interspersed with retail and social spaces and scenic outlooks over the city of Melbourne.
• wireless connection to printers, the web and specialist learning resources
• the School of Graduate Research office
• 5 Star Green Star Rating for Australian Excellence in sustainable design.

The result is a stimulating environment to encourage creative and intellectual activity among a variety of users.

The School of Economics, Finance and Marketing

Research in the marketing discipline at RMIT is focused on consumer culture, marketing ethics, social marketing, branding, sport marketing and sponsorship, and social marketing. In the economics and finance disciplines, financial markets, corporate finance and governance, empirical finance, international finance, risk management, public choice, and applied econometrics are particular areas of strength.

The School of Economics, Finance and Marketing also hosts the  Behavioural Business Lab , comprising a multi-disciplinary team studying business decision-making using psychological approaches.

Research at RMIT

Time spent on research.

Full-time candidates are expected to commit at least four days per week (or at least two days per week for part-time candidates) to their research. The academic year is 48 weeks.

Regular contact with your supervisor

A schedule of meetings with your supervisor/s must be established to assess progress against milestones and timely completion.

Resources, facilities and support

You will have access to the Learning Hub and other online and digital resources through the myRMIT student portal.

You will be part of an active research community and have access to resources and workshops to help you succeed.

Business Research Office

The Business Research Office supports candidates, supervisors in the College of Business. It is the central office responsible for coordinating and disseminating information about funding opportunities and research-related activities. Prospective researchers are invited to  contact the Business Research Office  to discuss potential candidature.

School of Graduate Research

The School of Graduate Research works with Schools to further support candidates during their postgraduate research degree.

Guiding the development of the College of Business, both nationally and internationally, is an  Industry Advisory Board  of high-profile executives. The Board creates a strategic bridge between the latest in technology and design thinking and business.

Learning outcomes

The knowledge and skills you will acquire throughout this degree and how they can be applied in your career are described in the  learning outcomes .

Electives and course plan

You will undertake the PhD program under the supervision of an appointed research supervisor.

The PhD program is structured to enable you to:

• Complete a compulsory research methods course
• Receive training in research integrity and ethics
• Select studies in qualitative and quantitative research techniques
• Complete a thesis/project which demonstrates your contribution to the field and your ability to communicate complex research for peers and the community to an international standard.

Research Integrity modules

You are required to complete the online modules:

• Research integrity
• Copyright and intellectual property
• Data management and copyright.

You may need to complete an ethics module to ensure your research is ethical and responsible.

Research Methods

The compulsory course Introduction to Research Methods introduces you to research methods commonly used in business disciplines. It helps you explore and discuss how to plan and scope a research project, frame appropriate research questions, write research proposals, and understand 'mixed methods’ approaches to conducting and documenting your research. It is taught in large discipline groups.

Research Techniques

Electives in qualitative or quantitative research techniques are available once data collection has begun. You can use your own data to explore different research analysis techniques. Your supervisor will help decide when you should take these electives.

Co-curricular activities

You are encouraged to participate in activities offered by the university, College and School according to your needs and interests.

This PhD may be undertaken in a project, thesis by publication or thesis mode. Prospective candidates should discuss these modes of submission with their potential supervisor/s prior to application.

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

*The maximum duration of the PhD program is 4 years full-time and 8 years part-time. However, candidates are expected to complete their program within 3-4 years full-time equivalent and 6-8 years part-time equivalent.

*The maximum duration of the PhD program is 4 years full-time. However, candidates are expected to complete their program within 3-4 years full-time equivalent.

Note: International student visa holders can only study full-time.

Graduates will be able to pursue an academic career in a university or be employed in senior leadership and management positions in government, non-government organisations and corporations.

As a researcher, your mastery of the discipline evidenced through a substantial and rigorous research project and other contributions to your field of specific interest can make a real difference to society.

Minimum requirements for admission

Prerequisites, selection tasks.

The minimum requirements for admission to a PhD program are:

• a bachelor degree requiring at least four years of full-time study in a relevant discipline awarded with honours. The degree should include a research component comprised of a thesis, other research projects or research methodology courses that constitute at least 25% of a full-time academic year (or part-time equivalent). The applicant must have achieved at least a distinction average in the final year;  or
• a master degree that includes a research component comprised of at least 25% of a full-time academic year (or part-time equivalent) with an overall distinction average or a master degree without a research component with at least a high distinction average;  or
• evidence of appropriate academic qualifications and/or experience that satisfies the Associate Deputy Vice-Chancellor, Research Training and Development or nominee that the applicant has developed knowledge of the field of study or cognate field and the potential for research sufficient to undertake the proposed program.

At RMIT a grade of distinction represents academic achievement of 70% or higher and a high distinction is 80% or higher.

If you are a current master by research candidate, you are able to apply for a transfer to a doctor of philosophy program through the process prescribed in the  RMIT Higher Degree by Research policy .

These entrance requirements are the minimum academic standard you must meet in order to be eligible to apply for the program. You will need to complete a selection task as part of your application.

A selection process will be conducted in conjunction with the School and supervisors you nominate.

For further information on the steps you need to take to apply for a research program see  How to apply – Research programs .

English language requirements

Research proposal and supervisor.

You must attach a substantive research proposal that is 2 to 5 pages in length which articulates the intent, significance and originality of the proposed topic using the following headings:

a) title / topic b) research questions to be investigated in the context of existing research/literature in the area c) significance and impact of the research d) methodology / research tasks required to undertake the research e) particular needs (e.g. resources, facilities, fieldwork or equipment that are necessary for your proposed research program, if applicable).

Your application will not be considered if you have not discussed your research topic with a proposed senior and associate supervisor or joint senior supervisors. You must provide the names of the academic staff in the school you have applied to and with whom you have discussed your proposed research.

To study this course you will need to complete one of the following English proficiency tests:

• IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
• TOEFL (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
• Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
• Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.

For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit  English language requirements and equivalency information .

Don't meet the English language test scores? Complete an English for Academic Purposes (EAP) Advanced Plus Certificate at  RMIT English Worldwide .

You can gain entry to this program from a range of RMIT four year  Bachelor and Honours degrees  or  Postgraduate  or Masters by Research programs.

Fee summary

Fee information for masters by research and doctorate (PhD) programs.

If you are an Australian citizen, Australian permanent resident or New Zealand citizen you may be eligible for a Research Training Scheme (RTS) place where your tuition costs are funded by the Commonwealth Government under the RTS and you have full exemption from tuition fees.

Acceptance in an RTS place is very competitive and places are granted on the condition that you meet annual progress requirements and complete within the allotted time for your program and your status as a part-time or full-time candidate.

This means a maximum of 2 years for a full-time Masters by Research or 4 years for a PhD (or the equivalent part-time).

Contact the School of Graduate Research for more information.

The  student services and amenities fee (SSAF)  is used to maintain and enhance services and amenities that improve your experience as an RMIT student.

In addition to the SSAF there may be  other expenses  associated with your program.

Income tax deductions

Candidates may be eligible to apply for income tax deductions for education expenses linked to their employment. See the  Australian Taxation Office (ATO) website  for more information.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

The annual tuition fee for 2024 is AU$36,480.

The total indicative tuition fee for 2024 commencement is AU$151,680.

International applicants

• Fees information  for international candidates looking to study at RMIT's Melbourne campuses.
• PhD  and  masters by research  fees for international candidates studying offshore. 

Other costs

Important fee information.

Find out more details about  how fees are calculated  and the expected annual increase.

Applying for refunds

Find information on how to apply for a  refund  as a continuing international student.

Frequently Asked Questions (FAQs)

Looking for answers or more general information.

Use our Frequently Asked Questions to learn about the application process and its equity access schemes, find out how to accept or defer your offer or request a leave of absence, discover information about your fees, refunds and scholarships, and explore the various student support and advocacy services, as well as how to find out more about your preferred program, and more.

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RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.

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Doctor of Philosophy

A Doctor of Philosophy (PhD) is an internationally recognised graduate research program that will enable you to become an independent researcher. 

With the guidance of an advisory team, you'll undertake a research project, produce an 80,000-word thesis and complete an oral examination.

A PhD takes 3 to 4 years full-time. Under guidance, you'll develop advanced research skills and knowledge in your chosen field.

The thesis is a substantial document that makes an original contribution to your field of research. Your thesis may involve an alternate format .

You'll need a strong academic background and you may need to submit a research proposal and other documents to support your application. About 1,000 PhD candidates join UQ each year researching a wide range of topics.

Research at UQ

UQ is one of Australia’s top research-intensive universities. Our research makes an impact on the world's cultural, environmental, economic and social challenges.

Learn more about UQ's research

Program highlights

• Be inspired and challenged to explore new ideas and develop greater understanding of complex questions with leading researchers.
• Access premier resources including one of Australia’s largest libraries, with more than 2 million physical resources and 116,800+ journal subscriptions.
• Foster and improve your skills through the Career Development Framework, created with industry.
• Learn from researchers whose work addresses national and global cultural, environmental, economic and social challenges.

35 in the world

CWTS Leiden Ranking 2023

51 in the world

Academic Ranking of World Universities 2023

Supervision

You have to find and contact a thesis supervisor before you apply

This supervisor will support, guide and mentor you through your research, and can introduce you to professional networks that will start your career.

Find a supervisor

3-Minute Thesis

The showcase event for research candidates is the 3-Minute Thesis (3MT). 

3MT is held each spring.

Learn more about the 3MT

Career development

UQ offers a range of development opportunities via the Career Development Framework (CDF) to help you develop portable skills for any career or industry.

Learn more about the CDF

Studying at UQ gave me the flexibility to expand my knowledge across different areas of science outside of my chosen specialty. Keeping my scientific and translational skills broad has allowed me to adapt to different environments and opportunities throughout my career.

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Entry requirements

Gpa equivalent.

Select where you studied and your qualification to see the GPA you need to be considered for this program.

Meeting the GPA requirement doesn’t guarantee admission.

Academic entry requirements

You have to prove you are prepared for PhD study. You do this by showing you:

• have completed some research experience
• have completed an approved university degree  and
• can meet the English language requirements.

Approved degrees

An approved degree needs to be:

• in an area relevant to your proposed PhD project and
• completed no more than 10 years ago.

You need one of the following approved degrees to apply for a PhD:

• Master of Philosophy (or another research master’s degree); or
• Bachelor’s degree from an approved university with at least honours class IIA or equivalent; or
• Coursework master’s degree with an overall grade point average of 5.65 on the 7-point UQ scale which includes relevant research experience, approved by the dean; or
• Postgraduate degree (at least one year full-time or equivalent) with an overall grade point average of 5 on the 7-point UQ scale, together with demonstrated research experience equivalent to honours class IIA will be considered on a case-by-case basis; or
• Bachelor’s degree plus at least 2 years of relevant research experience , including research publications.

Research experience

You'll meet the requirements for admission into a PhD in terms of 'research preparedness' if you can provide evidence that you've planned and executed project work and/or a body of research with some independence.

To demonstrate this, we'll ask you to provide one of the following:

• with completed courses that aim to develop research skills (minimum value of #1 unit e.g. 50 per cent of a #2 unit course), and/or
• the completion of a supervised research project that includes an individually graded written report with a combined minimum course volume equal to #4 units at UQ.
• Scholarly papers involving a substantial contribution as an author, appearing in recognised academic journals or in volumes published by recognised academic publishers.
• Research or technical reports prepared for industry, government or business, which adhere to the broad conventions of academic publishing (i.e. contain an up-to-date review of relevant literature, a description of relevant research methods and an evaluation of results, etc.) and which identify you as a significant contributor.
• A portfolio of published creative work together with published critical discussion of some or all of that work, or of a comparable body of work by others, and which demonstrates your development of a scholarly approach to creative work as research investigation.
• Demonstrable industry or work experience where you can demonstrate that you have planned and executed a project, working with a high level of independence.

Student visas

International students who are accepted into full-time study in the Doctor of Philosophy are eligible to apply for an Australian Student visa (subclass 500).

This program has two CRICOS codes:

• 0100213 – Architecture, creative arts, education, health, information technology, management and commerce, mathematical sciences, social and cultural studies
• 0100214 – Agriculture and environmental studies, dentistry, engineering, human movement, medical studies, natural and physical sciences, pharmacy, psychology, veterinary science

Discuss your proposed project with us to determine which CRICOS code is most relevant for your visa application.

There are a number of requirements you must satisfy before a visa is granted, including the genuine temporary entrant (GTE) requirement.

Learn more about student visas

Additional entry requirements

Many departments will have additional entry requirements and may request documents to support your application, such as a research proposal. You should discuss these additional requirements with your potential thesis supervisor.

Additional application information

Minimum English language proficiency requirements apply, please refer to the English proficiency policy .

English language requirements

There are a few ways you can meet our English language requirements. If you sit a test, the following scores are needed for PhD admission:

Read our English language requirements

Scholarships

There are several types of PhD scholarship:

• tuition fee scholarship : this covers the fees charged by UQ for PhD study
• living stipend scholarship: this is a   fortnightly payment (or stipend) to support your daily expenses
• top-up scholarship: may be provided by external organisations, supervisors, or philanthropic donations. When awarded, they provide an additional payment on top of a living stipend scholarship. They cannot be held without a living stipend scholarship.

Each year, we award more than 600 scholarships to attract and support the highest quality higher degree by research applicants.

View all postgraduate research scholarships

University scholarships

UQ scholarships include:

• Graduate School Scholarships
• Graduate School Tuition Fees Scholarship
• Aboriginal and Torres Strait Islander Scholarships
• Earmarked Scholarships
• The Graduate School Scholarship

Other scholarships

Throughout the year we advertise a range of other research scholarships, including top-up scholarships, travel grants and external scholarships, including:

• Westpac Future Leaders Scholarship

How to apply for a scholarship

You can apply for many scholarships using the same form as your PhD application. External scholarships might have different ways to apply. 

Our Scholarships website explains how to apply for each scholarship. If you are applying for a non-UQ scholarship, outcome dates may vary.

Fees and costs

Tuition fees.

Your fees will vary according to your academic field, study load and whether you study internally or remotely.

Learn more about postgraduate research fees

Research costs

The department you enrol with will meet all necessary costs for your project, including:

• resource and facility costs: at UQ, which may include other organisations in Australia or overseas
• travel costs: to complete fieldwork, collect data, or to visit libraries or other repositories
• coursework costs: for courses studied outside the department
• relevant training: in particular methodologies or techniques.

How to apply

Before you apply, 1. check your eligibility.

Check your eligibility by reviewing the entry requirements for UQ's Higher Degrees by Research. If applying for a scholarship, check the scholarship's eligibility and important dates.

2. Approach a potential supervisor or find a project

You'll either need to find:

• a supervisor in your field who will support your proposed project.  Identify a researcher .
• a project you can join that suits your interests.  See available projects .

If you're choosing a researcher, you'll need to find one with relevant expertise and get agreement to support your PhD and project.

Many departments will require additional information to make a decision around your motivation, understanding, commitment, and financial support required.

They may request documents to support your application, such as a research proposal. You should discuss these additional requirements with your potential thesis supervisor.

3. Gather your documents

You will need to compile the necessary documents. We will accept scanned copies of original documents, but you will have to keep all original documents for the duration of your studies.

Upload all documents as PDFs and name your files like this: LASTNAME_firstname_document-name.pdf

If any of your documents is in a language other than English, you will need to send both the original document and an official translation.

Send the following documents with your application:

An academic CV assists us to determine your readiness to commence a higher degree by research. For the purposes of this application, your academic CV should be current (i.e. no more than 6 months old) and include information under the following headings:

Personal details

• your full name
• your contact details (phone number, email address, city and country of residence)
• nationality
• languages spoken and proficiency level for each
• your ORCID ID or other research output identifier (such as Google Scholar) if you have one (see the ORCID ID and research identifiers information provided by UQ Library).

As the purpose of this academic CV is to determine your academic suitability for a higher degree by research program at UQ and your competitiveness against other applicants, we only require information that is of direct relevance to our decision-making processes. With this in mind, please do not include the following in your academic CV:

• photographs/head shot
• marital status
• driver’s license
• date of birth/age
• hobbies and interests.

Educational qualifications and academic awards

List each of your formal educational qualifications in reverse chronological order (i.e. with the most recent formal educational qualification listed first). For each qualification, include:

• the commencing and end dates (month and year) for the qualification
• the full title of the qualification (e.g. Bachelor of Arts instead of B.A.)
• the institution attended and the enrolling school/administrative unit
• the city and country where the institution is located
• your Grade Point Average (GPA) for the overall qualification
• any academic achievement awards (e.g. Dean’s awards, subject prizes, University medals, thesis prizes etc.) received for the qualification
• if a research thesis was part of the qualification, include the title and word length of your dissertation.

As part of your application, please submit academic transcripts and degree certificates for each educational qualification you list.

Please do not include:

• high school qualifications
• the individual subjects/courses undertaken throughout your qualifications or the grades awarded for these
• training courses/professional development activities not resulting in a formal qualification.

Professional affiliations and memberships

List any professional/disciplinary associations or committees that you a member of and include:

• the commencing and end date (in years) for the affiliation/membership
• the name of the professional association or committee
• your membership type (e.g. student member, affiliate member, full member etc.) or role (e.g. committee member, secretary, president etc.).

Employment history

List each of your previous employment roles in reverse chronological order (i.e. with the most recent/current employment listed first) and include:

• the commencing and end dates (month and year) for the employment
• the title of each position
• the name of the employing organisation, the city, and country where you were based
• your main duties or accountabilities in that role, providing detailed information on any research-related activities
• any achievements during that role that are relevant to your proposed field of research .

Other research experience

List any voluntary, unpaid, or extra-curricular research-related projects or experiences you have undertaken (e.g. summer research projects, internships etc.) and include:

• the commencing and end dates (month and year) of the experience
• the name of the organisation, the city, and country where you were based

Research outputs

In reverse chronological order (i.e. the most recent output first) list your research outputs,  including for example research published or accepted for publication, research reports, and research by creative practice.

If needed, use sub-headings to separate refereed journal articles, published conference proceedings, edited book chapters, books, creative works, industry reports, invited papers, patents, media commentary, conference presentations and posters, invited talks etc. If applicable, use additional sub-headings to indicate if outputs are published , accepted for publication (but not yet in print), or (submitted but) under review .

Do not include any outputs/publications that are ‘in preparation’ .

For all research outputs, include:

• the output/publication reference using an official bibliographical style (such as Turabian/Chicago, APA, Harvard), including listing all authors in the order that they appear in the work with your name in bold
• the Digital Object Identifier (DOI), PubMed Identifier (PMID), International Standard Book Number (ISBN) or URL where applicable
• the standing of the journal or conference and the impact of the work (e.g. impact factors, citations and other metrics indicators)
• relevant indicators of national or international significance
• rejection rates for the outlet etc.
• how much of the original research you were responsible for (i.e. what was your role in the conception and design of the project and how involved were you in the analysis and interpretation of the research data on which the publication is based?)
• the extent to which you authored the paper.

Research grants and relevant awards

Include only those research grants and relevant awards that you have received at the time of making your application (i.e. do not list grants or awards that you applied for and did not receive or are awaiting a decision on). For each research grant/award, include:

• the name of the granting/awarding body and the country in which they are based
• the name of the grant/award
• the year(s) in which the grant was active or the year in which the award was made
• the amount of the research grant/award
• if relevant (e.g. for research grants), the title of your application.

Applicants from creative and professional-based disciplines may also include non-research grants and awards related to their creative or professional practice.

Research achievements relative to opportunity (optional)

In recognition of the diverse personal and professional pathways that applicants have experienced, you are invited to provide information ( maximum 200 words ) to contextualise your research outputs and achievements, relative to the opportunities that you have had to participate in research-related activities.

This section of the CV is optional and should only be included if you believe there are factors relevant to your research achievements that you would like the selection panels to know. Examples of factors include (but are not limited to):

• study/career disruptions due to illness, caregiving, natural disasters etc.
• non-linear academic or career progression, or a change in career direction
• reduced ability to take up research-related opportunities (e.g. attend conferences) due to caregiving responsibilities.

Academic referees

Please provide us with two referees who can comment on your academic work. For each referee, include their:

• honorific and name
• employing organisation and the city and country where they are located
• contact details, including office address, telephone, fax and email (preferably an institutional, rather than private, email address)
• an indication of the capacity in which you know this person (e.g. were they a lecturer or thesis supervisor, an employer, how long you’ve known them etc.). 

If possible, please include at least one:

• senior person (preferably your supervisor or the head of your organisational unit) closely associated with your current work, and
• person who is not a member of your proposed advisory panel/supervisory team.

Formatting and document specifications

We recommend that you use the below formatting settings to improve the readability of your CV:

• margins of at least 1.5 centimetres
• single line spacing
• no smaller than 12 point Times New Roman font (or equivalent)
• left justify text (not full justify)
• include your name and page number on each page
• be consistent in your formatting and spelling throughout
• limit the use of bold, underline, italics, and multiple font types.

Please proofread your CV carefully before uploading it to your application.

Save as a PDF and name your file: LASTNAME_firstname_CV.pdf

There is no page limit to your academic CV – it can be as long as required to include the information requested here.

Please include in your CV all the headings listed above – if you do not have any content to add for a particular heading please list ‘None to date’ under that heading .

An academic CV for employment purposes within Australia would not include the information requested here outlining your three most significant publications or your research achievements relative to opportunity. It would, however, include information about professional and service activities undertaken and may include a summary of your relevant research/teaching interest areas and skill sets – this information is not required in the CV you submit here for application to an HDR program.

This should show all study you have undertaken since secondary school, whether complete or incomplete, including the institution grading scale. The grading scale is often found on the final page or the reverse page; be sure to include all pages.

An academic transcript can also be called an:

• academic record
• diploma supplement
• statement of learning
• record of achievement.

A degree certificate is a legal document, imprinted with a university seal. It should state the name of your qualification and areas of study.

Include all degree certificates (testamurs) for post-secondary study with your application. If you studied in China, you must provide a:

• award certificate and
• graduate statement/certificate.

All applicants have to prove they can meet English language requirements . Any test scores have to be valid at your proposed commencement date.

Include a copy of the information page (with your photo) in your passport. This will verify your identity and ensure we can make offers correctly.

Include the contact details of two referees who will support your application. These referees will need to provide insight into your research experience.

We will contact your referees for a report, but you will need to enter their details into the application form.

Other documentation, originals or certified copies, may be required depending on your individual circumstances, for example:

• evidence of change of name
• proof of citizenship, if you are not a citizen of Australia or New Zealand by birth
• evidence of your Aboriginal and/or Torres Strait Islander status
• previous research program information .

If you don't provide us with all documents it will take us longer to process your application. Your start date might then be delayed, or you might miss an admission or scholarship deadline. 

4. Apply online

Once you have prepared your application and contacted a potential supervisor, use the online application form to apply. Your application can only be assessed once your referees have responded to us, and all outstanding documents and school/institute endorsements have been received.

Important dates

The academic year for research students is divided into four research quarters (RQ).

Candidates applying for a Student Visa or UQ scholarship may need to apply earlier. Make sure you check  scholarship round application deadlines  and outcome dates before applying.

The agreed start date will be included on your Confirmation of Enrolment.

Find out more about research quarter dates

The academic year for research students is divided into four research quarters (RQ). You can start a PhD in any quarter, as long as the Census Date hasn't passed.

Candidates applying for a UQ scholarship may need to apply earlier. Make sure you check scholarship round application deadlines and outcome dates before applying.

The agreed start date will be included on your offer of admission.

Aboriginal and Torres Strait Islander applicants

For support with applying – or if you have any questions about university life – get in touch with our Aboriginal and Torres Strait Islander Studies Unit.

Contact the ATSIS Unit

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Personalise your experience

Doctoral program in finance.

• #8 Globally for graduate employability
• CRICOS code: 056955G | 092762G

Course overview

• 5 years full time / 8 years part time
• On Campus (Parkville)
• Available to domestic and international students

What is it about?

The Melbourne Business School Doctoral Program in Finance has the largest and most well-developed set of doctoral subjects on offer in Australia. Taught by the Department of Finance , which is internationally recognised for its world-class research and research training and augmented by visitors from the world's top finance programs.

The Doctoral Program in Finance is made up of a 2-year Master of Commerce coursework program followed by a 3-year PhD.

Generous scholarships are available for high achieving applicants, including full fee waivers and a stipend of AUD 37,000 per year (2024 RTP rate).

Research conference travel funding of AUD$15,000 is available to all confirmed PhD candidates.

Graduate Research candidates are provided with funding and encouraged to submit papers to prominent local and international finance journals and conferences. Students are also encouraged to apply for tutoring positions within the Department throughout their candidature.

Register to attend an information session

The Department of Finance also offers a Doctoral Program in Decision, Risk and Financial Sciences .