Bachelor of Business Economics at Monash University [MONASH AUSTRALIA], Melbourne Fees, Entry Requirement & Application Deadline

Bachelor of Business [Economics] From Monash University

Melbourne, VictoriaLocation
UniversitySchool type
Estd1958established year
78230enrollment
Public
Partner [11 Courses]
7.3/10

Bachelor of Business (Economics)

4 years
Full Time
On Campus

$36,540 /Yr

A$52,200 /Yr
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Collegedunia Team

Content Curator | Updated on - Jan 22, 2026

Monash Australia Economics is a 4 years Full Time Bachelor program. This program is offered On Campus. The first year fees for Economics at Monash Australia is ₹ 31.59 Lakhs (AUD 52200). Earlier in 2023, the Economics Fee was ₹ 29.77 Lakhs (AUD 49200). This shows that the academic fees has increased by ₹ 181530 (AUD 3000).

Monash Australia Economics Total Fees 2026

The tuition fee for Economics at Monash Australia is AUD 52200 per year (₹ 31.59 Lakhs). Meanwhile, the total cost is AUD 77082/Year (₹ 46.64 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for Economics at Monash University is as follows:

Expense TypeAverage Cost (INR)Equivalent (AUD)
Tuition Fee₹ 31.59 LakhsAUD 52200

The other expenses for Economics at Monash University is as follows:

Expense TypeAverage Cost (INR)Equivalent (AUD)
Housing ₹ 5.2 Lakhs AUD 8601
Food ₹ 8.83 Lakhs AUD 14592
Transportation ₹ 1.02 Lakhs AUD 1689
Total Cost ₹ 15.06 Lakhs AUD 24882

Economics Tuition Fee Trends at Monash Australia

Monash Australia Economics Fees for Indian students is ₹ 31.59 Lakhs (AUD 52200). This academic fee has increased by ₹ 181530 (AUD 3000) from 2023. Candidates can check the year on year trends in Monash Australia Fees in the table below.

Academic YearTuition Fees (INR)Tuition Fees (AUD)
2024₹ 31.59 LakhsAUD 52200
2023₹ 29.77 LakhsAUD 49200
2021₹ 19.76 LakhsAUD 32660

Monash Australia Economics Application Deadlines & Important Dates

The key dates for the application process for Economics at Monash Australia include:

  • Semester 2 (July) is 01 July 2024
  • Semester 1 (March) is 01 March 2025

Economics at Monash Australia Admission 2026

To be eligible for admission to Economics at Monash Australia, applicants must meet specific academic and language requirements.

Academic Eligibility:

  • Students must have completed secondary level education or equivalent.
  • Students should have an International Baccalaureate Diploma.
  • Students need to have exposure to English and Mathematics

Indian Student Eligibility:

  • The student has graduated from senior secondary school or equivalent (those applying for a postgraduate program must have graduated from a university or college).
  • Students completed a Diploma from an accredited institution with 65% in the final years of the program.

Submission of GRE scores is not compulsory for this program, however, it is recommended to submit the scores (minimum 300) for a better chance of admission.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.

Monash Australia Economics Application Link

Monash Australia Economics Application Link; Apply Here

in Economics Fee Comparison

The fee comparison for similar programs like Monash Australia Economics are:

UniversityProgramFirst Year Fees in AUDFirst Year Fees in INR
Monash UniversityB.Com/B.EconAUD 52,200 /YrINR 31.6 L/Yr
The University of QueenslandBachelor of Business Management/Bachelor of Economics [B.Econ]AUD 48,160 /YrINR 29.1 L/Yr
Also Check:

Tuition Fees

Year1st Year Fees
Tuition Fees$36540 (AUD 52200)

Other Expenses

HeadAvg Cost Per Year
Housing$6021 (AUD 8601)
Food$10214 (AUD 14592)

Previous Year Tuition Fees

Year1st Year Fees
2023$34440 (AUD 49200)
2021$22862 (AUD 32660)

Important Dates

Course Starts in Feb and July
EventApplication Date
Semester 2 (July) Jul 1, 2024
Semester 1 (March) Mar 1, 2025

Scores Required

6.5 / 9

Avg. Score in

IELTS

79 / 120

Avg. Score in

TOEFL

58 / 90

Avg. Score in

PTE

1120 / 1600

Avg. Score in

SAT


Required Document List

The Documents required are:

  • Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
  • Statement of marks - The marks statement provided by the education board.
  • Financial Documentation - The Proof that shows the financial background of the student.
  • Letter of Recommendation - This shows who recommended the student to pursue the degree.
  • Statement of Purpose - This is an essay or any written statement written by the student while applying.
  • Resume/CV - This provides a summary of the experience and skills.

Ranking

202520242023202220212020201920182017

Times Higher Education logo
Business 67 out of 990 in Global Ranking
( #3 out of 35 in Australia 2025)

QS World University logo
Business 77 out of 650 in Global Ranking
( #7 out of 31 in Australia 2025)

Do you think the Rankings are wrong ?  Report Here

TOP Scholarships

Scholarship nameAward amountEligibility
Monash International Merit Scholarship$10,000 per annumApplicant must intend to enrol full-time in an undergraduate degree at a Monash campus in Australia.


Career and Placement after Course

Career opportunities are:

  • Professional Economist.
  • Financial Risk Analyst.
  • Data Analyst (Banking Sector)
  • Financial Planner (Banking Sector)
  • Financial Controller/Financial Economist.
  • Equity Analyst.
  • Cost Accountant.
  • Economic Researcher.


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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Monash Business School Undergraduate Scholarship- IndiaScholarship per student$ 14,000/Yr$20,000Level Of StudyBachelorTypeCollege-Specific
Monash Engineering International Undergraduate ScholarshipScholarship per student$ 4,464/Yr$6,377Level Of StudyBachelorTypeCollege-Specific
Monash Engineering International Undergraduate Excellence ScholarshipScholarship per student$ 16,196/Yr$23,137Level Of StudyBachelorTypeCollege-Specific
VueVille Future Technology ScholarshipScholarship per student$ 700/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Go Clean ScholarshipScholarship per student$ 2,450/Yr$3,500Level Of StudyBachelorTypeMerit-Based
Axol Science ScholarshipScholarship per student$ 1,400/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
--
USD 36,540 /Yr
AUD 52,200 /Yr
  • IELTS: 6.5
  • TOEFL: 79
  • PTE: 58
  • SAT: 1120
Semester 2 Application Deadline for 2026 Intake (31st May 2026)
USD 33,712 /Yr
AUD 48,160 /Yr
  • TOEFL: 87
  • IELTS: 6.5
  • PTE: 64

Do you think the Dates are wrong ?  Report Here

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