Bachelor of Business – Economics major

When you choose the Economics major in the Bachelor of Business at RMIT University, you’re choosing in-depth study in a constantly evolving discipline. 

You’re undertaking a professional, highly focused, in-depth course of study designed to meet current employer demands and prepare students for future job opportunities.

To ensure our students are at the forefront of their profession, RMIT incorporates new and emerging technologies in economic and business analysis in our delivery.

This innovative approach to education and training is part of our commitment to providing graduates with real-world skills that are globally transferable.

The Economics major equips students with the confidence to apply their knowledge and skills for career progression in both the private and public sectors. This involves both a broad-based multidisciplinary approach and the opportunity for focused, professional skill-building in key areas of economics, analytics and behavioural science.

Graduates from RMIT's Economics major develop strong skills in key areas such as:

• Economic theory and principles
• Data analysis and statistical methods
• Policy evaluation and design
• Market dynamics
• Global economic issues.

These skills enable you to analyse complex economic situations and provide insights that inform important decisions in various sectors. You’ll learn how to tackle real-world challenges like poverty, inequality, and sustainability.

With an Economics major, you'll be ready for a wide range of roles where you can apply your expertise to real-world economic problems. Whether you’re working in banking, policy analysis, consulting, data analytics, or social development, your skills will help organisations make informed decisions that drive positive outcomes. The demand for economists is growing, especially as businesses and governments increasingly rely on economic analysis to navigate complex global landscapes.

Salary expectations vary depending on the role and experience, but economics professionals typically earn competitive salaries. For example, entry-level roles like economic analysts can start at around AU$70,000 a year, while senior positions such as policy advisors or economic consultants can see salaries exceeding AU$100,000, depending on experience and the industry.

Step 1: Find a course

Step 2: Check the entry requirements

Step 3: Collect required documents

Step 4: Submit your application

If you are applying for on-campus study in a coursework program (Bachelor, Associate Degree or Honours), use the online application system for international students. 

Remember, our team are experts in RMIT study options and how to apply, so contact the team if you need support with your application.