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University of New England

Armidale, NSW, Australia

Bachelor of Economics

Our Bachelor of Economics is a versatile and relevant business and professional qualification. This degree is for you if you are interested in economics, commerce, business, and finance, and enjoy problem-solving and critical thinking.

The world's economies, living standards, commercial and political systems are all at the heart of economics. Through the study of economics, you will gain insights into the issues that are important for understanding the way the economic systems work, as well as for careers in business and government.

Campus Information

Armidale

Living in Armidale you will experience the best of both city and rural living. Enjoy a healthy and active lifestyle with access to shopping, gourmet food, top sporting facilities and cultural delights all for a fraction of the price you'd expect to pay in a major city. You can live in the heart of Armidale or experience the tranquility of New England on a rural property.

Intakes

  • Feb
  • June
  • Oct

Application Processing Time in Days: 30

Application Process

More Information Required
10 Days
Possible interview call from Institution
10 Days
Provisional or Conditional Offer
10 Days
Visa process
30 Days

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

UNE’s Bachelor of Economics provides you with the economic knowledge, and strong analytical and quantitative skills you need in a wide variety of professional careers. 

  You could consider a broad range of careers including: 

economic modeller  
policy officer or analyst 
financial manager or forecaster for banks, insurance and agribusiness firms  
commodities or futures trader  
economic adviser  
importer/exporter. 
Other career information
Graduates with an economics degree work in a diverse range of occupations and are among the higher earning graduates of any discipline. The Reserve Bank of Australia’s research shows the analytical and mathematical skills developed in an economics degree command a wage premium in the labour market. 

PSW Opportunity

Post Study Work Steam Renames to Post Higher Education Work Steam.

  • Bachelor degree holders including honours can get upto 2 years of post study stay
  • Master by course work and extended (with a duration exceeding 2 years) can stay upto 2 years
  • Masters by research (with a duration exceeding 2 years) and PhD holder can stay upto 3 years
  • The Maximum eligible age to apply for PSW will be reduced to 35 years of age from 50 years of age for all applicants

Due to the Australian Indian Economic Cooperation and Trade Agreement signed by the 2 countries, according to which:

  • Indian students completing bachelor degree including honours can stay upto 2 years
  • Bachelor degree with First class honours in STEM including ICT can stay upto 3 years
  • Masters by coursework in extended researched (with a duration exceeding 2 years) can stay upto 3 years
  • PhD students can stay upto 4 years

Admission Requirement / Eligibility Criteria

For direct admission into undergraduate courses offered by UNE, you must have completed an educational qualification considered to be at least equivalent to completion of Year 12 in Australia.

India

Qualifications 

  • Applicants holding relevant Central Board of Secondary Education (CBSE) or Council for the Indian School Certificate Examinations (CISCE) Year 12 examination results
  • Applicants holding relevant Indian State Board of Education Board Year 12 examination results, other than PSEB and HSEB
  • Applicants holding relevant Punjab State Education Board (PSEB) and Haryana State Education Board (HSEB) Year 12 Examination 
  • Applications holding relevant National Institute of Open Schooling (NIOS) year 12 examination results
  • Applicants holding a relevant Indian post-Year 10, Year 12 equivalent 3-Year VET level Diploma results in a relevant stream

Standard Entry

  • Must have achieved a minimum average of 60% in their Best of 4 academic subjects in a relevant stream, including English if necessary (but not a local language), with an overall First Division (60%+).
  • Must have achieved a minimum average of 65% in their Best of 4 academic subjects in a relevant start, including English if necessary (but not a local language), with an overall First Division (60%+)
  • Must have achieved a minimum average of 70% in their Best of 4 academic subjects in a relevant stream, including English if necessary (but not local language), with an overall First Division (60%+)
  • Must have achieved a minimum average of 70% in their Best of 4 academic subjects in a relevant stream, including English if necessary (but not a local language), with an overall First Division (60%+),
  • Must have achieved an overall minimum average of 60% or First Division results

English language tests
UNE accepts students who have either:

An International English Language Testing System (IELTS) academic overall score of at least 6.0, with no sub-band less than 5.5.
A Test of English as a Foreign Language (TOEFL) score of at least 213 in the computer-based test OR at least 79 in the internet-based test. You must receive a rating of no less than 22 in the written component.
A Pearson Test of English Academic (PTE) minimum overall score of 57 with no skill less than 50.
To be eligible, you must have received your English language test score within two years of the date of application for admission to UNE.