Course Description

Economics as a discipline is constantly evolving to help us understand how and why we allocated resources. It analyses important issues such as poverty, inflation, unemployment, taxes, pollution, crime, finance, inequality, international competition, consumer behaviour, world trade and economic growth.

This program provides the knowledge and skills required in the management of enterprises in both the public and private sectors. This involves both a broad-based multidisciplinary approach and the opportunity for focused, professional training in areas such as economics and finance.

You will complete core business, economics and finance courses and build on your classroom learning through a compulsory industry placement during the third year. You may also choose to study overseas.

Tuition Fees

Commonwealth Supported Place (CSP): $6,566 per year full-time, $26,264 total course cost
International Students: $32,640 per year full-time


4 years full time,

Starting dates

February, July

Graduate Rating

Graduates of Business & Management undergraduate courses at Royal Melbourne Institute of Technology (RMIT) rated their degrees as follows:

Teaching quality: 56.7% (national average 57.5%)
Improved skills: 77.9% (national average 79.0%)
Overall satisfaction: 75.3% (national average 78.3%)

The ratings above refer to the proportion of surveyed graduates who agreed with the statement about their undergraduate degree from Royal Melbourne Institute of Technology (RMIT). You can find out more about these results here.

Employment Outcomes

Graduates of Business & Management undergraduate courses at Royal Melbourne Institute of Technology (RMIT) had the following employment outcomes:

Employed full time: 71.0% (national average 74.8%)
Studying full time: 12.7% (national average 11.4%)
Median full time salary: $52,200 (national average $55,000)

You can find out more about employment outcome results here.

Course codes

CRICOS Code: 063199C
Royal Melbourne Institute of Technology (RMIT) Code: BP134

Entry Requirements

The highest level of education you have previously completed will determine which category applies to you.

ATAR and/or complete education history will be considered. All applicants must meet minimum academic entry requirements. Meeting these requirements does not guarantee entry to a course, as there may be more applicants than places available.

Applicants with recent secondary education (current or within the past two years)

Successful completion of an Australian Year 12 senior secondary certificate of education or