Master of Political Economy

1 Years On Campus Masters Program

University of Sydney

Program Overview

The Master of Political Economy at the University of Sydney is a postgraduate program that examines the relationship between politics, economics and society. It develops advanced analytical skills for understanding how political institutions, economic systems and social forces shape public policy and economic outcomes.

Curriculum Structure:

Year 1: Covers core political economy concepts, economic and political analysis, research methods and contemporary issues in political economy. Students also undertake elective study across related areas of economics, politics, public policy and international relations.

Year 2: Develops advanced knowledge through further specialised and elective study and provides opportunities to apply political economy theory and analytical methods to contemporary policy and economic issues through a research or capstone component.

Focus Areas: Political Economy, Economics, Political Science, Public Policy, Economic Policy, Political Institutions, Governance, International Political Economy and Social Policy.

Learning Outcomes: Graduates will be able to analyse the interaction between political and economic systems, evaluate policy and institutional choices, apply research and analytical methods, critically assess contemporary economic and political issues and communicate evidence-based analysis.

Professional Alignment (Accreditation): The program provides interdisciplinary postgraduate training combining political and economic analysis, preparing students to examine complex policy and governance issues from multiple perspectives.

Reputation (Employability): The program develops analytical and research capabilities relevant to careers in government, policy, consulting, international organisations, research institutions, advocacy and the private sector.

Experiential Learning (Research, Projects, Internships etc.)

At the University of Sydney, the Master of Political Economy program is designed to provide students with a rich blend of theoretical knowledge and practical skills that are essential for navigating the complexities of global political and economic landscapes. Students engage in experiential learning through various hands-on opportunities, including group projects, internships, and access to state-of-the-art facilities. This approach not only enhances your understanding of political economy but also equips you with the tools needed to make a real-world impact.

Here are some key experiential learning opportunities available in the Master of Political Economy program:

- Internships: Gain valuable work experience through internships with government agencies, NGOs, and international organizations, allowing you to apply your learning in real-world settings.
- Group Projects: Collaborate with peers on projects that tackle current political and economic issues, fostering teamwork and critical thinking skills.
- Research Facilities: Access dedicated research labs and resources, including the Sydney Policy Lab, which focuses on innovative solutions to pressing societal challenges.
- Digital Tools: Utilize advanced software and analytical tools, such as STATA and R, for data analysis and economic modeling, enhancing your research capabilities.
- Field Trips: Participate in field trips to key political and economic institutions, providing firsthand insights into the workings of these entities.
- Libraries and Resources: Benefit from extensive library resources, including the Fisher Library, which houses a vast collection of political economy literature and research materials.
- Networking Opportunities: Engage with guest speakers and industry professionals through seminars and workshops, expanding your professional network.

Progression & Future Opportunities

The Master of Political Economy at the University of Sydney equips graduates with the analytical skills and knowledge necessary to navigate complex economic and political landscapes. Graduates often find themselves in rewarding roles such as policy analysts, economic consultants, and international relations specialists. This program not only prepares you for immediate employment but also opens doors to a variety of career paths in both the public and private sectors.

Here’s what you can expect in terms of progression and future opportunities:

- University Services: The University of Sydney offers dedicated career services, including personalized career coaching, resume workshops, and networking events with industry leaders. The Business School’s Career Development Centre also provides access to internships and job placements.

- Employment Stats and Salary Figures: According to recent data, 90% of graduates from the Faculty of Arts and Social Sciences find employment within six months of graduation, with starting salaries averaging around AUD 70,000 per year, depending on the role and sector.

- University–Industry Partnerships: The University has strong ties with various organizations, including the Australian Government, international NGOs, and leading think tanks, which facilitate internships and collaborative projects that enhance real-world learning.

- Long-term Accreditation Value: The Master of Political Economy is recognized globally, providing graduates with a qualification that is respected by employers and can lead to further academic pursuits or professional certifications.

- Graduation Outcomes: Alumni of the program have gone on to work in influential positions within government agencies, multinational corporations, and non-profit organizations, showcasing the versatility and demand for this degree.

Further Academic Progression: After completing the Master of Political Economy, you may choose to pursue a PhD in Political Economy or related fields, allowing you to delve deeper into research and contribute to academic discourse. Additionally, the university offers various graduate certificates and diplomas that can further enhance your expertise and career prospects.