Bachelor of Business and Commerce - Econometrics and Business Statistics

Monash University Malaysia

Bandar Sunway, Selangor, Malaysia

Quick Facts

Duration

3 years

Mode

Full-time, On-campus

Intake

Feb, Jul, Oct

Tuition Fees

RM128,160

Course Highlights

  • Ranked #42 in the world for Economics and Econometrics (QS World University Rankings by Subject 2025)
  • Accredited by the Association to Advance Collegiate Schools of Business and recognised by CPA Australia, ACCA, CAANZ, CIMA, MICPA and ICAEW
  • Develop a strong foundation in econometrics and business statistics and be equipped with the ability to analyse complex data, identify trends and make informed business decisions in a rapidly evolving global market
  • Ranked #37 in the world in the QS World University Rankings 2025

Course Structure

This Bachelor of Business and Commerce course consists of eight core units from the business and commerce specified study (Part A), eight units to complete a major from the business listed majors (Part B), and eight units from the free elective study (Part C). Out of your eight free electives, it is possible to study a second major, or two minors, or a minor plus four free electives, or eight free electives from the course. A minor is a set of 4 units concentrating on a single area of study. Areas of study to choose from for the Bachelor of Business and Commerce:

  • Accountancy
  • Applied Economics
  • Banking and Financial Management
  • Business Analytics
  • Business and Commerce Studies (Cannot be taken as a second major)
  • Econometrics and Business Statistics
  • International Business Management
  • Management
  • Strategic Marketing
  • Fintech (Minor, may be extended to a major in 2024)
  • Digital Marketing (Minor, may be extended to a major in 2024)
  • Sustainability (Minor only)

Business analytics teaches you to extract insights from data using statistical, computing, and visualisation skills. You will learn to apply statistical techniques, manage and manipulate data, and use programming languages to analyse data. You will be prepared for careers as data analysts, business intelligence analysts, data scientists, or consultants. The Bachelor of Business and Commerce degree meets the criteria for accreditation, exemption or membership with relevant professional institutions or industry bodies.

  • Accounting professional bodies
  • CFA Program & CMT Association
  • SAS Academic Specialization

ECONOMETRICS AND BUSINESS STATISTICS

Apply mathematics to work with data to solve problems and inform critical decision-making.This can explain how people make choices,how the choices of businesses and governments impact individuals, and the impact of economic policies.

Units required for a major:

  • Introduction to statistical analysis
  • Principles of statistical inference
  • Introduction to econometrics
  • Time series forecasting: Principles and practice
  • Applied time series econometrics
  • Econometric methods for finance
  • Applied econometric methods
  • Design and analysis of sample surveys.

Units required for a minor:

  • Principles of statistical inference
  • Introduction to econometrics.

Choose two of the following units:

  • Design and analysis of sample surveys
  • Applied econometric methods
  • Time series forecasting: principles and practice
  • Econometric methods for finance.

Entry Requirements

  • Monash University Foundation Year (MUFY)*    60%
  • GCE A Level**    7 
  • ATAR    70
  • Gaokao, China    60%
  • Hong Kong Diploma of Secondary Education    16
  • Indian School Certificate Examination    60%
  • All India Senior School Certificate Examination    66%
  • SMA3, Indonesia    Please click here to find out the entry score.
  • International Baccalaureate Diploma Program (IB Diploma Program)    25
  • STPM, Malaysia    7.3
  • UEC, Malaysia    ≤6
  • Program Matrikulasi (Matriculation Program), Malaysia    2
  • Ontario Secondary School Diploma    75.4%
  • Sri Lankan General Certificate of Education (Advanced Level)    9
  • High School Diploma, Vietnam    8
  • UNSW Foundation Studies    6.5
  • Foundation in Arts, Sunway College    60%
  • Foundation in Science and Technology, Sunway College    60%
  • Diploma of Higher Education Studies (DHES)    50%
  • Monash College Diploma Part 2***    50%

*The undergraduate entry requirements published are for students who commence the MUFY program in 2024.

**The Malaysian Qualification Agency (MQA) accepts a minimum D Grade in A Level to be equivalent to the STPM Pass grade. For more information, please click here.

***The Monash College Diploma Part 2 entry requirements published are for students commencing their undergraduate destination degree in 2025.


Prerequisites:

  • Mathematics (Australian Year 11 equivalent) is a prerequisite for the Bachelor of Business and Commerce.

Estimated Fees

Application fees (non-refundable)

RM100

RM0

  • PROMO

Tuition fees

RM128,160

Other miscellaneous fees

RM800

Discounts & scholarships

-RM300

  • Exclusive

Total payable amount

RM128,660

You save RM400 when you apply with EduAdvisor!

Other savings

Up to RM24,000

  • Waiver
  • Discount

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