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Master of Behavioural Economics

Master of Behavioural Economics

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COURSE DESCRIPTION

The Master of Behavioural Economics provides thorough training in behavioural economics and its application in the industry and government. This course provides a foundation in standard economic theory and builds the behavioural models on this foundation. This includes heuristics and biases in individual decision making and their implications in strategic interactions. Students are also provided with a grounding in fundamental tools of applied behavioural science, such as causal inference, trial design and ethical review.

Students are given the opportunity to apply behavioural economics concepts in different decision-making environments, including financial decision making, health, education, and the environment. The Master includes hands-on training where students develop their own research project or work on an applied question for an actual industry or government organisation.

This course is designed to train a well-rounded behavioural economist to take leading positions in behavioural units or other relevant professions (e.g. consultancy, management, marketing).

Careers

Career options include working as behavioural economics practitioners in industry or government.

REQUIREMENTS

Applicants must have completed a UTS recognised bachelor’s degree, or an equivalent or higher qualification, or submitted other evidence of general and professional qualifications that demonstrates potential to pursue graduate studies.

The English proficiency requirement for international students or local applicants with international qualifications is: Academic IELTS: 6.5 overall with a writing score of 6.0; or TOEFL: paper based: 550-583 overall with TWE of 4.5, internet based: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64 with a writing score of 50; or C1A/C2P: 176-184 with a writing score of 169.

EDUCATIONAL INSTITUTION

The University of Sydney, located in Sydney, Australia, is a world-renowned institution that is ranked in the top 20 universities in the world (QS World University Rankings, 2024). Students come from all over the globe to study at undergraduate and postgraduate level. Students have the choice of selecting from Australia’s widest range of programmes and disciplines. Offering over 400 study areas to select from, the university has two subjects that are ranked in the top ten in the world, with an additional 30 disciplines ranked amongst the top 50 in the world (QS 2023 Subject Rankings). Career opportunities for students are enhanced through internships and work experience, as well as the option of studying abroad for part of their degree through one of the university’s overseas programmes. 

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