Bachelor of Economics/Science (Advanced Mathematics) (Honours)

Students learning in the Science facilities at the UNSW Kensington campus

Develop skills for advanced financial and economic modelling. Gain strong research skills through coursework and a research project coupled with a variety of major options.

Faculty

UNSW Business School

Award

Bachelor of Science (Advanced Mathematics) (Honours), Bachelor of Economics

Commencing Terms

Term 1, Term 2, Term 3

Duration (Full Time)

5 Year(s)

Combine the influential social science of economics, with advanced skills in mathematics and an Honours research project. This renowned double degree equips you with analytical and statistical skills that will set you apart from the crowd and prepare you for diverse careers.

Economists focus on the roles of incentives, resource constraints, laws, customs, and institutions. Through the Bachelor of Economics, you’ll explore how the decisions of institutions and individuals interact to determine outcomes for the economy and society. Mathematics and statistics are essential to advanced financial and economic modelling, making Advanced Mathematics a natural complement to Economics.

If you’re interested in the increasing range of quantitative careers in areas such as finance and environmental modelling, this degree offers a strong foundation.

Key features

Shape a degree to suit your goals

Economics and Mathematics offer three distinct majors, with the option to combine this with further electives and minors in other areas.

Supervised research project

Your Advanced Mathematics honours year is an integral part of the degree. It involves a supervised research project and, in some cases, advanced coursework.

Integrated practical experience

Both programs incorporate practical and professional experience. The Bachelor of Economics offers opportunities for internships, group consulting projects, and global practicums, while the Bachelor of Advanced Science includes for-credit work placements and research internships.

Why study this degree at UNSW?

Top-ranking

UNSW Business School has been ranked the #1 business school in Australia by AFR BOSS for the last two years in a row*. We also rank 48th in the world for mathematics, and offer Australia’s largest and highest-ranked school of mathematics & statistics.** Meanwhile, UNSW’s School of Economics ranks in the global top 50 for Economics and Econometrics** and received the top research rating by the ERA in Economic Theory, Applied Economics and Econometrics.

Connect with industry while you study

As part of UNSW Business School, you’ll benefit from exclusive access to our Career Accelerator program, mentoring and internship opportunities, and diverse student-led societies. UNSW Science has over 400 industry and research partners that you can connect with while you study, including Maritime Services, CommBank and SIRCA.

Join our Talented Students Program

You will also have access to UNSW Science’s Talented Students Program (TSP) which gives high-performing students access to cutting-edge, world-class research. Our previous TSP students have written research papers, attended conferences, integrated into research groups, developed peer groups and much more. These opportunities are available from year one of your science degree.

^{*AFR BOSS 2023 Best Business School Rankings}

^{**QS World University Rankings by Subject 2023}

Program Code

3564

CRICOS Code

088860F

Campus

Kensington

UAC Code

424460

Total Units of Credit (UOC)

240

Indicative Enrolments

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Entry requirements

Entry to this degree is based on your Australian Tertiary Admission Rank (ATAR) or an equivalent rank derived from the following:

Australian interstate Year 12 qualifications (e.g., OP rank)
New Zealand NCEA Level 3
Equivalent overseas qualifications e.g., International Baccalaureate (IB) Diploma, GCE A-Levels
Post-secondary or tertiary qualifications
An alternative entry qualification

2023 Lowest Selection Rank

2023 A levels

2023 IB Diploma

2023 Lowest ATAR

88.3

The 2023 Lowest Selection Rank (LSR) is the adjusted rank (ATAR plus adjustment factors) you would have needed to gain entry to this degree in 2023.

The 2023 A levels score is based on four Advanced Level (A2) subject. Entry scores are calculated from the best three or four A2 subjects (excluding repeated subjects) using the following values: A*=6, A=5, B=4, C=3, D=2, E=1. At most one Applied A Level subject may be included in the best four subjects used to calculate the aggregate.

The 2023 IB Diploma is an indication of the IB you would have needed to gain entry to this degree in 2023. It is to be used as a guide only.

The 2023 Lowest ATAR is the lowest ATAR (before adjustment factors were applied) to which an offer was made. Where <5 is listed, this indicates that less than 5 ATAR-based offers were made and so the score has not been published. N/A indicates no offers were made on the basis of ATAR.
At UNSW, we are committed to ensuring prospective students have all the information they need in order to make informed decisions about their study options.

To assist you in gaining a better understanding of how Admissions works at UNSW, we have provided you with a summary of ATAR offers and the student profile.

We hope this information will help you identify the degree that is right for you.

See more

Assumed knowledge

Mathematics Extension 1

Adjustment Factors

We offer a range of adjustment factor schemes that reward students for academic performance and extra-curricular achievements. These schemes also take into account a range of personal and educational disadvantages that may have affected your studies.

HSC Plus
This scheme rewards students who perform well in Year 12 subjects that are relevant to their preferred UNSW degree. You may be awarded up to five points.

Elite Athletes, Performers and Leaders (EAPL)
This program recognises achievements in the areas of sport, academia, leadership and music at an elite level. You may be eligible for up to five points.

Educational Access Scheme (EAS)
Factors such as illness, financial hardship, language difficulties or attending a particular school can mean you don't always get the best possible marks in Years 11 and 12. If one of these situations applies to you, submit an application for the Educational Access Scheme (EAS) via UAC. Eligible students can receive between 1 and 10 points towards their chosen UNSW degree.

Admission pathways

Your ATAR is not the only measure of your potential to succeed, which is why we offer a range of pathways into university. Explore your options below and get in touch with our future student advisors to discuss your path to UNSW.

Gateway Admission Pathway
This scheme is open to students in Years 11 and 12 who attend Gateway schools. It significantly adjusts the ATAR requirements for your preferred UNSW degree and provides you with an early conditional offer to UNSW.

Entry programs for Australian Aboriginal and Torres Strait Islander people
We offer entry programs for Indigenous Australians, including the Indigenous Preparatory Programs and the Indigenous Admission Scheme (IAS). The entry pathway program you apply for will depend on the degree you want to study.

English language requirements

You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If you’re completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.

If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove this by providing evidence that you meet one or more of the following criteria:

If you need to improve your English skills before you start your degree, UNSW College’s Academic English Programs are for you. The programs are suitable for various English levels and help you prepare for university studies and life in Australia.

I studied in:

We do not accept secondary qualifications from this country. We may accept tertiary study results, please contact us for more information.

Please contact us for direct entry requirements.

Admission pathways

If you do not meet the requirements for direct entry into your chosen degree, you may be eligible for a pathway program with UNSW College. UNSW College provides alternative entry options using university-approved content so that you can start your UNSW journey with confidence. 

English language requirements

You may be asked to provide evidence of your English proficiency to study at UNSW depending on whether you are from an English-speaking background or non-English speaking background. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If English is not your first language, you’ll need to provide proof of your English proficiency before you can be given an offer to study at UNSW. You can do this by providing evidence that you meet one or more of the following criteria:

Check the specific English language requirements for this program

Select from the options below

Which applies to you?

Program structure

The Bachelor of Economics/Advanced Mathematics (Honours) is a five-year full-time (or longer part-time) double degree program consisting of approximately 40 courses, including Honours level Advanced Mathematics courses.

The program includes:

Economics core courses
Introductory Business courses
Economics elective courses or an Economics major
Business electives
An Advanced Mathematics major
Science/ Mathematics core courses
Science electives
An Advanced Mathematics honours project

Professional experiences:

In Economics you can complete up to two for-credit work industry experiences such as an internship or business practicum
The SCIF3199 Science Work Placement course gives you the opportunity to gain work experience through an internship.
The SCIF2041 Research Internship course gives you the opportunity to complete a short theoretical or experimental research project in a world-leading research team supervised by a member of academic staff.

For further information you can visit the Bachelor of Science (Advanced Mathematics) or Bachelor of Economics single degree pages.

Study areas

Applied Mathematics

Pure Mathematics

Statistics
Data Analytics and Econometrics

Economic Policy and Society

Macroeconomics and Financial Markets

Go to the handbook

Future careers

The explosion of technology and data in the 21st century has propelled the demand for science and technology skills and career opportunities for STEM graduates. In Australia, employment in STEM occupations has grown by 19.7% in the past five years. This has made a science degree one of the most valuable degrees in Australia and abroad.

Combined with economics, this double degree equips you with transferrable, in-demand skills in analysis, statistics, critical thinking, economic analysis and communication that can be applied in almost any industry. Graduates of both programs are renowned by employers, and have successful careers across the private sector, financial and scientific institutions, and government departments.

Potential careers

Economist
Business consultant
Credit analyst
Economic forecaster
Mathematician
Policy adviser
Quantitative or statistical analyst
Wealth management analyst
Environmental consultant
Investment banker
Research scientist
Laboratory technician

Honours

Take your Economics studies to the next level with an additional one-year Honours degree, where you'll gain advanced knowledge and research skills in your chosen area of business. You'll have the opportunity to be mentored by top-tier researchers and work on industry relevant projects while undertaking a significant research thesis. Graduate with advanced knowledge, analytical, problem-solving and research skills that are highly sought after in business and government. Learn more about Economics Honours.

How to apply

Applications for undergraduate study from domestic students (Australian citizens, Australian permanent residents, Australian permanent humanitarian visa holders and New Zealand citizens) are processed by the Universities Admissions Centre (UAC).

Visit the Apply section of the UAC website and you can nominate up to five degrees in order of preference, with the first being your most desired degree and university.

On-time applications for admission usually close at the end of September each year for Term 1 admission. Late applications can be submitted, but a late fee will apply. For study starting in Term 1, the majority of offers are made in December and January. Visit the UAC website for key dates for admission outside of Term 1.

Ready to apply?

Apply now

For most international students, applications are submitted via our Apply Online service. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term.

Some high-demand programs with limited places, may have an earlier application deadline or may have an earlier commencement date. For more information visit our international applicant information page.

*If you are an international student studying an Australian qualification, go to the Universities Admission Centre (UAC) for application and UAC key dates. Note: If you are under 18 years of age, you need to make special arrangements. Read more.

Ready to apply?

Apply now

Fees

2023 Indicative First Year Full Fee

$15,140*

Commonwealth Supported Place multiple Student Contribution Bands may apply for this double degree. See single degrees for the applicable fee bands.*The student contribution for a Commonwealth Supported Place is an indication only of the amount payable in Year 1 based on a standard full-time load of 48 credit points (1.0 EFTSL). The actual student contribution you will be liable for depends on your individual program of study and the calendar year in which you enrol. Actual fees are calculated upon enrolment. Student contribution amounts are subject to annual review by the University and may increase each year during your studies (subject to caps determined by the Australian Government), effective at the start of each calendar year. The indicative fees listed here are based on an estimated average and are for tuition only other fees and charges are not included.

Fees

2023 Indicative First Year Fee

$47,070*

2023 Indicative Fee to Complete Degree

$249,625*

*Fees are subject to annual review by the University and may increase annually, with the new fees effective from the start of each calendar year. The indicative fees listed here are based on an estimated average and are for tuition only other fees and charges are not included. The amount you pay will vary depending on the calendar year to enrol, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (8 courses per year).

Indicative fees are a guide for comparison only based on current conditions and available data. You should not rely on indicative fees. More information on fees can be found at the UNSW fees website.

Indicative fees to complete the program have been calculated based on a percentage increase for every year of the program. Fee increases are assessed annually and may exceed the indicative figures listed here.

Indicative fees to complete the program include tuition plus an estimate of study-related costs of approximately $1,000 per year. To find out more about other costs, visit UNSW International.

Scholarships

At UNSW, we award over $83 million in scholarships each year. We pride ourselves on rewarding excellence and making university accessible to students from all walks of life. Whether you’re a domestic or international student, our range of scholarships, prizes and awards can support your journey.