C11299v3 Graduate Certificate in Behavioural Economics
Award(s): Graduate Certificate in Behavioural Economics (GradCertBehavEcon)Commonwealth supported place?: No
Load credit points: 24
Course EFTSL: 0.5
Location: City campus
Notes
This course is not offered to international students.
Overview
Course aims
Career options
Course intended learning outcomes
Admission requirements
Inherent requirements
Assumed knowledge
Recognition of prior learning
Course duration and attendance
Course structure
Course completion requirements
Course program
Other information
Overview
Targeted at professionals seeking to integrate behavioural economics into their expertise, this course equips them with a robust understanding of behavioural principles and applications. Stand out by mastering both traditional economic theory and behavioural models, gaining insights into decision-making heuristics and biases.
Students acquire practical skills in applied behavioural science, including causal inference and trial design, enhancing their ability to apply these concepts in their current role or the oversight of behavioural science teams. Engage in active learning through a blend of theoretical and hands-on approaches, preparing them to make informed, strategic decisions in their professional environment.
Course aims
The course aims to provide students with a foundational understanding of how individuals make economic decisions and how psychological factors can influence those decisions and better explain real-world economic behaviours.
Career options
Career options include positions in consulting, policy development, product design and consumer experience.
Course intended learning outcomes
1.1 | Develop options to address identified behavioural economic factors in business problems |
2.1 | Convey information clearly and fluently in written and verbal form appropriate for the problem, data and stakeholders |
2.2 | Interact with colleagues and stakeholders to work effectively towards agreed outcomes |
3.1 | Apply principles of equity, justice and sustainability in behavioural economics practice |
4.1 | Combine theoretical and empirical research with quantitative and qualitative expertise to implement effective behavioural- economics practice |
5.1 | Critically reflect on the intersection between Indigenous Australian contexts and behavioural economics, to support ethical professional practice to work with and for Indigenous peoples and communities |
Admission requirements
To be eligible for admission to this course, applicants must meet the following criteria.
Applicants must have one of the following:
- Completed Australian bachelor's degree or higher qualification, or overseas equivalent, with more than 75% of all subjects completed at pass level (conceded pass not included)
OR
- A minimum of 4 years full-time, or equivalent part-time, relevant post-secondary professional experience AND a general capacity to undertake tertiary education
Applicants with a completed bachelor's degree or higher qualification who do not meet the criteria above may be considered with:
- Completed bachelor’s degree with more than 60% of all subjects completed at pass level (conceded pass not included) AND a minimum of 2 years full-time, or equivalent part-time, relevant post-degree professional experience
OR
- Graduate Management Admission Test (GMAT Exam) with an overall minimum score of 550
OR
- Graduate Record Examination (GRE General Test) with an overall minimum score of 307 with verbal 148 and quantitative 156
Relevant professional experience refers to any current work experience in which you have developed skills, knowledge, and competencies directly related to the course for which you are applying. This includes roles such as managers, professionals, technicians, community, personal service, clerical, administrative, or sales workers across various industries.
Supporting documentation to be submitted with the application
For applicants who need to demonstrate work experience:
- Curriculum Vitae AND Statement of service in one of the following formats:
- A 'Statement of Service' provided by the employer
- A completed 'UTS statement of service’ signed by the employer
- A statutory declaration confirming work experience (for Australian Residents only)
- An official letter from the applicant’s accountant or solicitor on their company letterhead confirming the applicant’s work experience or engagement with the business, duration of operations, and the nature of the business
- A business certificate of registration in original language and English (e.g. provision of ASIC documentation or ABN or similar documentation for Australian Businesses)
The English proficiency requirement for local applicants with international qualifications is: IELTS Academic: 6.5 overall with a writing score of 6.0; or TOEFL iBT: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64 with a writing score of 50; or C1A/C2P: 176-184 with a writing score of 169.
Eligibility for admission does not guarantee offer of a place.
Inherent requirements
Inherent requirements are academic and non-academic requirements that are essential to the successful completion of a course. For more information about inherent requirements and where prospective and current students can get assistance and advice regarding these, see the UTS Inherent requirements page.
Prospective and current students should carefully read the Inherent Requirements Statement below and consider whether they might experience challenges in successfully completing this course.
UTS will make reasonable adjustments to teaching and learning, assessment, professional experiences, course related work experience and other course activities to facilitate maximum participation by students with disabilities, carer responsibilities, and religious or cultural obligations in their courses.
For course specific information see the UTS Business School Inherent Requirements Statement.
Assumed knowledge
There is no assumed knowledge for the Graduate Certificate of Behavioural Economics.
Recognition of prior learning
There is no recognition of prior learning available for this course.
Course duration and attendance
The course is completed in one year of part-time study.
Course structure
Students must complete a total of 24 credit points made up of eight subjects (3 credit points each).
Course completion requirements
STM91760 Core subjects GradCertBehavEcon | 24cp | |
Total | 24cp |
Course program
A typical part-time program is provided below. Refer to the Timetable Planner for confirmation of availability.
Autumn commencing | ||
Year 1 | ||
Session 2 | ||
23714 Rationality and Incentives | 3cp | |
23715 Game Theory and Strategic Decision Making | 3cp | |
Session 3 | ||
23710 Behavioural Decision Making | 3cp | |
23711 Behavioural Game Theory | 3cp | |
Session 4 | ||
23718 Statistical Foundations for Economics and Business | 3cp | |
23716 Principles of Causal Inference | 3cp | |
Session 5 | ||
23717 Trial Design | 3cp | |
Session 6 | ||
23712 Behavioural Approach to Investment and Insurance Decisions | 3cp |
Other information
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