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Bachelors of Mathematics / Economics

Overview

Equip yourself for a wide range of careers with a focused background in economic theories and principles and the in-depth knowledge of a mathematics degree with this dual degree.

This dual degree combines core economic skills and an understanding of how economics shapes areas such as public policy, business and industry with mathematics analytical and quantitative abilities in a single four-year program.

In the Bachelor of Economics component, you can choose to study business, environmental and resource economics, economic policy, econometrics, financial markets, labour and health economics, international trade and development, macroeconomics and microeconomics.

Modern computation, advances in scientific technology and the increasing production of data have all increased the scope for applications of mathematics. In the Bachelor of Mathematics, you'll develop either a comprehensive knowledge in a single field of mathematics, or a high level of sophistication in the applications of mathematics.

Graduates with high-level quantitative and analytic skills, augmented with comprehensive economics training, play a key role at the forefront of new developments in fields from engineering and the physical sciences to economics, information technology, molecular biology, accounting, business information systems and finance.

Location
St Lucia
Duration
4 Years (or part time equivalent)
Start Semester
Semester 1 (24 Feb, 2020), Semester 2 (3 Aug, 2020)
QTAC Code
714701
Program Code
2395
AQF
Level 7
Location
St Lucia
Fees
A$43200 (indicative per year)
Duration
4 Years
Start Semester
Semester 1 (24 Feb, 2020), Semester 2 (3 Aug, 2020)
QTAC Code
714701
Program Code
2395
CRICOS Code
088350F
AQF
Level 7

Program highlights

Program highlights

  • Gain specialised knowledge in one mathematics field or an understanding of mathematics applications in general.
  • Develop a range of statistical and analytical tools you can use to solve policy and decision-making challenges.
  • Graduate with high-level quantitative and analytic abilities that will help you thrive in a range of fields.

2 in Australia for business and economics

Times Higher Education World University Rankings 2020

1 in Queensland for mathematics

QS World University Rankings 2020

Majors

How you'll learn

Your learning experiences are designed to best suit the learning outcomes of the courses you choose.

  • Lectures
  • Tutorials
  • Online study
  • Research experience
  • Workshops

What you'll study

Career possibilities

Our programs prepare you for your first job and beyond. Depending on which major you choose, here are some of the careers you could be on your way to:

  • Data engineer
  • Senior analyst
  • Economic consultant
  • Business development manager
  • Data analyst
  • Analytics engineer
  • Investment analyst
  • Algorithm specialist
  • Mathematics teacher
  • Quantitative analyst

Professional memberships

When you graduate, you may be eligible for memberships with the following professional organisations. Contact the organisation to find out how to become a member.

  • Australian Computer Society
  • Australian Human Resources Institute
  • Australasian Institute of Banking and Finance
  • Australian Institute of Management
  • Australian Marketing Institute
  • Economic Society of Australia
  • Market Research Society of Australia
  • Securities Institute of Australia

Entry requirements

Prerequisites

Queensland Year 12 or equivalent English and Mathematics B.

Entry score threshold

OPRankIB
49437

These are the lowest adjusted scores we made an offer to in Semester 1, 2020. Entry scores are based on the most recent Semester 1 intake and are updated in April each year. Meeting the threshold doesn't guarantee admission.

English language requirements

IELTS overall 6.5; reading 6; writing 6; speaking 6; listening 6. For other English Language Proficiency Tests and Scores approved for UQ

TOEFL IBT - Overall 87, listening 19, reading 19, writing 21 and speaking 19.

TOEFL PB - Overall 570, listening 54, reading 54, writing 59/5.

Pearsons - Overall Score of 64 and 60 in all sub bands.

BE - A minimum overall grade of 4 plus a minimum grade of C in all macro skills.

CES - Overall 176 and 169 in all sub bands.

OET is not accepted.

Learn more about English language requirements

Need help meeting the entry requirements?

We can help you meet the minimum entry score, subject prerequisites or English language requirements for your preferred program.

If you haven't studied the prerequisites or need to improve your entry score, we can help.

Learn about pathway options

Entry score range

This table shows the range of entry scores for recent secondary students offered a place in the B Mathematics/BEcon for Semester 1, 2020

Without adjustmentsWith adjustments
Highest1 / 991 / 99
Median4 / 954 / 95
Lowest5 / 924 / 94

Who you'll study with

Here's a snapshot of our student intake for this program in Semester 1, 2020:

Applicant backgroundNumber of studentsPercentage of all students

(A) Higher education study

<5<5

(B) Vocational Education and Training (VET) study

00%

(C) Work and life experience

00%
(D) Recent secondary education
  • Admitted solely on the basis of OP
1780.95%
  • Admitted where OP and additional criteria were considered
00%
  • Admitted on the basis of other criteria only and OP was not a factor
00%

International students

00%

Total

21100%

"<5" — The number of students is less than 5.
N/A — Students not accepted in this category.
N/P — Not published. The number is hidden to protect the privacy of students in other cells.

Student visas

International students who are accepted into full-time study in the Bachelors of Mathematics/Economics are eligible to apply for an Australian student visa (subclass 500).

There are a number of requirements you must satisfy before a visa is granted, including the genuine temporary entrant (GTE) requirement.

Learn more about student visas

Majors

Majors

Tailor your studies to suit your goals. This program offers these options:

Applied Mathematics

This major focuses on the derivation and evaluation of models in the physical, biological and engineering sciences.

You'll study advanced techniques for solving differential equations using high-level maths and also examine the numerical methods used in computer programming and computational science. You can also choose from electives that focus on areas like financial mathematics.

This major will prepare you to work in sectors including financial services, engineering and sciences.

View

Business and Industry

If you're ready for the challenges of a fast-paced career, the Business and Industry major is for you. It concentrates on economic decision-making in the business sector.

It covers areas like managerial economics, industrial and labour economics, regulatory environments, and benefit/cost analysis techniques. You'll develop critical thinking skills and knowledge relevant to businesses in all sectors and industries.

Graduates usually work for industry bodies, government departments, consultancies and private enterprise.

View

Data Analytics and Operations Research

This major focuses on how to extract information and make decisions in fields from pure science research to applied business management.

You'll learn the skills to analyse large and complex data sets and to make effective decisions.

Data analytics and operations research are both rapidly growing disciplines that use a range of mathematical, statistical and computational approaches to big data.

This major will prepare you to work in a range of roles in financial services, technology, engineering, science and research.

View

Economics and Public Policy

This is an economics-centred major for anyone interested in how governments can affect economies in a globalised world.

The major focuses on the analytical tools you'll need to design and evaluate public policies. Core courses examine public finance and regulatory economics, while electives include advanced microeconomics, macroeconomics, econometrics and a range of policy courses.

Graduates usually work in public policy, government bodies, not-for-profit organisations, private enterprise and politics.

View

International Trade and Finance

This major focuses on the economic aspects of financial systems in a globalised world.

You'll study banking and international trade theories, and gain an understanding of financial systems and the role they play in economies. You'll also get to choose from advanced-level electives in areas including macroeconomics, econometrics and financial management.

Graduates usually work in financial institutions, government agencies, consulting firms, and private enterprise.

View

Mathematical Physics

This major focuses on the mathematical foundations of modern physical theories.

It also provides the mathematical understanding that underpins a broad range of contemporary sciences, including statistical mechanics, relativity and quantum theory.

You'll learn how to understand and describe nature at its most fundamental levels. This major not only prepares you for research in mathematical physics and related disciplines – it also fosters creativity and develops high-level skills in critical and analytical thinking, which are paramount in problem solving.

View

Natural Resources and Environment

This major will show you how economics can be used to analyse problems to do with natural resources including fish and marine resources, forests, agricultural and recreational land, river systems, energy and minerals.

You'll develop the analytical abilities to understand the big challenges facing businesses, governments and communities across the world.

Graduates usually work in public policy, environmental agencies, private enterprise, and mining and energy companies.

View

Pure Mathematics

This major is focused on the intrinsic nature and fundamental properties of mathematics, and recognise its ubiquity, universality and beauty.

You'll develop high-level skills in critical, analytical and abstract thinking, and the course provides you with frameworks for deeper understanding of other areas of mathematics, such as applied mathematics, mathematical physics and statistics.

You'll have the opportunity to acquire a solid grounding in the key areas of pure mathematics, as well opportunities to undertake focused study in advanced courses.

View

Quantitative Methods

This major will help you make better decisions. You'll learn about the methods economists use to measure, analyse, predict and model a broad range of economic scenarios.

With its strong mathematical and modelling focus, this major will show you how to analyse problems clearly and based on evidence. Advanced courses cover areas including statistics, econometric theory and productivity and efficiency analysis.

Graduates usually work in research consultancies, management organisations, private business, and government enterprise.

View

Statistics

Learn through theory and practice how to apply the tools of modern statistics to real-world scientific problems.

Examples include the improvement of medical treatments through better experimental design, and the use of meteorological data to assess drought conditions.

Graduates are in high demand in business, industry, research and government to forecast, analyse and solve a variety of problems.

View

Majors

Tailor your studies to suit your goals. This program offers these options:

Applied Mathematics

This major focuses on the derivation and evaluation of models in the physical, biological and engineering sciences.

You'll study advanced techniques for solving differential equations using high-level maths and also examine the numerical methods used in computer programming and computational science. You can also choose from electives that focus on areas like financial mathematics.

This major will prepare you to work in sectors including financial services, engineering and sciences.

View

Business and Industry

If you're ready for the challenges of a fast-paced career, the Business and Industry major is for you. It concentrates on economic decision-making in the business sector.

It covers areas like managerial economics, industrial and labour economics, regulatory environments, and benefit/cost analysis techniques. You'll develop critical thinking skills and knowledge relevant to businesses in all sectors and industries.

Graduates usually work for industry bodies, government departments, consultancies and private enterprise.

View

Data Analytics and Operations Research

This major focuses on how to extract information and make decisions in fields from pure science research to applied business management.

You'll learn the skills to analyse large and complex data sets and to make effective decisions.

Data analytics and operations research are both rapidly growing disciplines that use a range of mathematical, statistical and computational approaches to big data.

This major will prepare you to work in a range of roles in financial services, technology, engineering, science and research.

View

Economics and Public Policy

This is an economics-centred major for anyone interested in how governments can affect economies in a globalised world.

The major focuses on the analytical tools you'll need to design and evaluate public policies. Core courses examine public finance and regulatory economics, while electives include advanced microeconomics, macroeconomics, econometrics and a range of policy courses.

Graduates usually work in public policy, government bodies, not-for-profit organisations, private enterprise and politics.

View

International Trade and Finance

This major focuses on the economic aspects of financial systems in a globalised world.

You'll study banking and international trade theories, and gain an understanding of financial systems and the role they play in economies. You'll also get to choose from advanced-level electives in areas including macroeconomics, econometrics and financial management.

Graduates usually work in financial institutions, government agencies, consulting firms, and private enterprise.

View

Mathematical Physics

This major focuses on the mathematical foundations of modern physical theories.

It also provides the mathematical understanding that underpins a broad range of contemporary sciences, including statistical mechanics, relativity and quantum theory.

You'll learn how to understand and describe nature at its most fundamental levels. This major not only prepares you for research in mathematical physics and related disciplines – it also fosters creativity and develops high-level skills in critical and analytical thinking, which are paramount in problem solving.

View

Natural Resources and Environment

This major will show you how economics can be used to analyse problems to do with natural resources including fish and marine resources, forests, agricultural and recreational land, river systems, energy and minerals.

You'll develop the analytical abilities to understand the big challenges facing businesses, governments and communities across the world.

Graduates usually work in public policy, environmental agencies, private enterprise, and mining and energy companies.

View

Pure Mathematics

This major is focused on the intrinsic nature and fundamental properties of mathematics, and recognise its ubiquity, universality and beauty.

You'll develop high-level skills in critical, analytical and abstract thinking, and the course provides you with frameworks for deeper understanding of other areas of mathematics, such as applied mathematics, mathematical physics and statistics.

You'll have the opportunity to acquire a solid grounding in the key areas of pure mathematics, as well opportunities to undertake focused study in advanced courses.

View

Quantitative Methods

This major will help you make better decisions. You'll learn about the methods economists use to measure, analyse, predict and model a broad range of economic scenarios.

With its strong mathematical and modelling focus, this major will show you how to analyse problems clearly and based on evidence. Advanced courses cover areas including statistics, econometric theory and productivity and efficiency analysis.

Graduates usually work in research consultancies, management organisations, private business, and government enterprise.

View

Statistics

Learn through theory and practice how to apply the tools of modern statistics to real-world scientific problems.

Examples include the improvement of medical treatments through better experimental design, and the use of meteorological data to assess drought conditions.

Graduates are in high demand in business, industry, research and government to forecast, analyse and solve a variety of problems.

View

Fees and Scholarships

Government assistance

Financial aid

As an international student, you might be eligible for financial aid – either from your home country, or from the Australian Government.

Learn more about financial aid

Indicative annual fee

AUD $43,200

Indicative annual fee 2020

This indicative annual fee is the cost of enrolling in the Bachelors of Mathematics/Economics for the 2020 academic year. It is calculated based on a standard full-time study load (16 units per academic year).

If you enrol in a larger or smaller study load, your fees will be calculated on a proportionate basis. All fees are reviewed annually.

Learn more about undergraduate fees

HECS-HELP

Domestic places in the Bachelors of Mathematics/Economics are Commonwealth Supported. This means the cost of your education is shared between you and the Australian Government.

Instead of tuition fees, Commonwealth Supported students pay what are called student contribution amounts.

HECS-HELP is an Australian Government loan scheme to assist eligible students with the cost of their student contribution amounts.

Learn more about HECS-HELP

Centrelink support

Indicative annual fee

AUD $10,350

Indicative annual fee 2020 Commonwealth supported place

This indicative annual fee is the approximate cost of enrolling in a Commonwealth supported place (CSP) in the Bachelors of Mathematics/Economics for the 2020 academic year. It is calculated based on a standard full-time study load (16 units over two semesters).

Actual fees will vary according to your choice of courses and their unit value. The Australian Government indexes fees each year.

Learn more about undergraduate fees

Scholarships

Scholarships

How to apply

Applying online

How you apply depends on what type of applicant you are.

Your senior schooling is from Australia or New Zealand

Submit your application to the Queensland Tertiary Admissions Centre if you are an international student who is currently:

  • completing Australian Year 12 (either in Australia or offshore) or
  • studying the International Baccalaureate in Australia.

The QTAC code for the Bachelors of Mathematics/Economics is 714701.

Find out more about applying for undergraduate study

Apply now to QTAC

All other international applicants

Submit your application to UQ. If you prefer, you can use an approved UQ agent in your country.

The program code for the Bachelors of Mathematics/Economics is 2395.

Find out more about applying for undergraduate study

Apply now to UQ

Important dates

If you’re studying Year 12 in Australiago to the QTAC website to check the closing date for this program. 

If you’re applying to UQ, the closing date for this program is: 

  • To commence study in semester 2 - May 31 of the year of commencement.
  • To commence study in semester 1 - November 30 of the previous year.

To learn more about UQ dates, including semester start dates, view the Academic Calendar

Important dates

Admissions schemes

Applying to university can be both exciting and daunting, which is why we’ve tried to make the process as simple as we can.

We have several schemes in place to improve your chances of getting a place at UQ.

Learn more about admission schemes

Pathway options

A rank or score doesn’t determine your potential.

If you're not offered a place in your first-choice program – or if you don't meet the entry requirements – you still have a number of options.

Learn more about pathway options

Aboriginal and Torres Strait Islander applicants

For support with applying - or if you have any questions about Uni - get in touch with our Aboriginal and Torres Strait Islander Studies Unit.

Contact the ATSIS Unit

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