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The University of Waikato
The University of Waikato logo

Graduate Diploma (GradDip) in Economics

This course is available

On-Campus

Level of Study

Graduate Certificate or Diploma

Duration

1 year

Next start date

Expected

Summary

Studying a graduate diploma helps you develop knowledge and skills in your chosen subject area which will enable you to undertake a new career or further study.

Why study a GradDip?

Graduate diplomas are intended to provide the equivalent of a major in a subject area that is different to your first degree’s major. You may be eligible if you haven’t studied for a degree before if you can demonstrate an interest in the subject area and a satisfactory academic ability.

A graduate diploma is a more in-depth version of a graduate certificate, is studied at undergraduate level, and can be completed in the equivalent of one year (two trimesters) of full-time study, or in some cases, extended part time study.

Candidates must gain 120 points at 100 level or above, including at least 75 points at 300 level or above, in the Graduate Diploma subjects.

Why study Economics?

Studying Economics will help you see the world in a different light; and understand how to apply this new perspective to help resolve issues in our society. You'll learn how to help people, governments and businesses make better decisions about using natural and financial resources to meet different goals. Economists contribute to government decision-making on many different issues, such as shaping new laws and taxes, or advising on international trade agreements. They can also be involved in recommending incentives and penalties geared towards changing people's behaviour, such as encouraging people to leave their car at home. You'll learn how to explain the reasons for different market structures, analyse the implications of government policy, anticipate how people might react to price changes, and demonstrate the gains from trade. If you're passionate about business, current affairs, finance or maths then economics may be a good fit for you. Economics brings together ideas from many different areas: politics, psychology, sociology, geography, law and statistics.

Career Opportunities

Business analyst

Economics teacher / lecturer

Financial Analyst

International trade advisor

Government economist (eg. Treasury)

Policy Analyst or Advisor

Management consultant

Research economist

Entry criteria

The most common entry into the GradDip is to have a bachelors degree from the University of Waikato, or a qualification considered by the Academic Board to be equivalent.

English Language Requirements

  • an Academic IELTS overall score of 6.0 (with no bands below 5.5), or
  • a TOEFL iBT (Internet Based TOEFL) score of 80 with a Writing score of 21, or
  • a TOEFL iBT Home Edition score of 80 with a Writing score of 21, or
  • a B grade or better at Level 7 in the Certificate of Attainment in Academic English, or
  • a PTE Academic overall score of 46 with no band less than 36, or
  • a Language-Cert International ESOL (LRWS) B2 Communicator Expert with 33-37 score per skill, or
  • awarded a New Zealand Certificate in English Language (Academic) (Level 4), or
  • a Trinity College London Integrated Skills in English (ISE) II with distinction in all four components, or
  • a B2 First (formally known as Cambridge English: First (FCE)) with an overall score of 169 and no bands below 162, or
  • a C2 Proficiency (formally known as Cambridge English: Proficiency (CPE)) with an overall score of 169 and no bands below 162, or
  • a Michigan English Test (formally known as Michigan English Language Assessment Battery (MELAB)) minimum score of 54.

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