Undergraduate - Area of Study Econometrics and business statistics

Careers in the business world that use quantitative skills include the financial sector (stockbrokers, the insurance industry, finance companies, banks - eg developing models for investment opportunities), the manufacturing sector (eg providing quality control), and market research. Opportunities in the public sector include economic modelling, policy evaluation, and research into industry development.

All students complete the requirements as outlined below for the degree in which they are enrolled.

Bachelor of Commerce

Bachelor of Economics

To complete the econometrics and business statistics major in the Bachelor of Commerce or Bachelor of Economics or related degrees, students must complete:

(a.) The following two units (12 points):

• ETC1000 Business and economic statistics
• ETC2410 Introductory econometrics

(b.) two units (12 points) from the units listed below:

• ETC3400 Principles of econometrics
• ETC3410 Applied econometrics
• ETC3450 Time series analysis for business and economics
• ETC3460 Financial econometrics

(c.) four units (24 points) from the units listed below and from (b.) not previously completed:

• ECC2000 Intermediate microeconomics
• ECC2010 Intermediate macroeconomics
• ECC3840 Mathematical economics
• ETC1010 Data modelling and computing
• ETC2430 Actuarial statistics
• ETC2440 Mathematics for economics and business
• ETC2450 Applied forecasting for business and economics
• ETC2470 Applied business modelling
• ETC2480 Business modelling methods
• ETC2500 Marketing research analysis
• ETC2520 Probability and statistical inference for economics and business
• ETC3420 Bayesian modelling and risk analysis
• ETC3490 Business simulation
• ETC3500 Survey data analysis
• ETC3510 Modelling in finance and insurance
• ETC3530 Contingencies in insurance and pensions
• ETC3860 Integrated economic modelling

Note: the major requires completion of at least two units (12 points) at each of second and third-year levels.

Bachelor of Business and Commerce

To complete the econometrics and business statistics major in the Bachelor of Business and Commerce or related double degree, students must complete:

The following eight units (48 points):

• ETW1000 Business and economics statistics and ETW1010 Data modelling and computing, or ETW1102 Business statistics and ETW2111 Business data modelling
• ETW2410 Introductory econometrics
• ETW2420 Survey methods and managerial statistics
• ETW2480 Business modelling methods
• ETW3410 Applied econometrics
• ETW3420 Principles of forecasting and applications
• ETW3480 Decision analysis for managers

The faculty also offers related majors in the areas of:

• Actuarial studies
• Business modelling
• Economics
• Financial and insurance mathematics
• Quantitative economics

Visit http://www.buseco.monash.edu.au/student/contact/index.html

Single degrees

• 2224 Bachelor of Business and Commerce
• 0179 Bachelor of Commerce
• 4419 Bachelor of Commerce (Dean's Scholars Program)
• 0023 Bachelor of Economics

Double degrees

• 0542 Bachelor of Arts and Bachelor of Commerce
• 0170 Bachelor of Arts and Bachelor of Economics
• 4417 Bachelor of Biomedical Science and Bachelor of Commerce
• 1941 Bachelor of Business and Commerce and Bachelor of Communication
• 3823 Bachelor of Commerce and Bachelor of Aerospace Engineering
• 3830 Bachelor of Commerce and Bachelor of Business Information Systems
• 1319 Bachelor of Commerce and Bachelor of Economics
• 0548 Bachelor of Commerce and Bachelor of Engineering
• 0546 Bachelor of Commerce and Bachelor of Laws
• 3834 Bachelor of Commerce and Bachelor of Mechatronics Engineering
• 1469 Bachelor of Commerce and Bachelor of Science
• 1185 Bachelor of Music and Bachelor of Commerce
• 2630 Bachelor of Pharmacy and Bachelor of Commerce