Fully Funded 4.5-Year PhD Studentship in Health Economics

Location: Caulfield campus, Monash University, Melbourne

Duration: 4.5-years

Remuneration: The successful applicant will receive a scholarship covering tuition fees and a tax-free stipend (living allowance) currently valued at AU$37,000 per annum, with scholarships of up to AU$47,000 per annum available for outstanding candidates. Additional financial support may be available through research and teaching assistance opportunities.

About the Program

The Centre for Heath Economics (CHE) Integrated PhD Program provides rigorous training in advanced health economics and related fields.

The program begins with one year of advanced coursework, research training, and a minor thesis undertaken as part of a Master of Commerce (MCom). Students who meet progression requirements then continue into the PhD, which includes advanced research training and career development and culminates in a written thesis over approximately three and a half years.

Students benefit from funded domestic and international conference opportunities, potential international research visits, a dedicated workspace, and a personal laptop for the duration of the program. Integrated PhD candidates join CHE’s research community through seminars, workshops, and collaboration with leading researchers.

Research opportunities are available across all areas of health economics, with a focus on producing research with real-world impact.

Entry Requirements and Scholarship Eligibility

Applicants should have completed an Honours degree, a four-year Bachelor’s degree, or a Master’s degree with excellent results and preferably a research component in a relevant discipline.

Relevant disciplines include health economics, labour economics, economics, econometrics, and other quantitative fields such as data science, mathematical statistics, actuarial science, public health, or psychology with strong statistical training.

Applicants can assess their eligibility using the PhD readiness tool. Full details on eligibility and English language requirements are available on the Monash Business School Integrated PhD Program page.

Applications Opening Soon

Applications for February 2027 commencement open 1 July 2026 and close 31 August 2026. When the round is open, applications should follow the Integrated PhD program application process outlined on the Monash Business School website (via the ‘Apply’ button above). Prospective applicants are encouraged to review eligibility requirements before the round opens.

Enquiries: buseco-research.degrees@f.e.monash.edu.

About Monash and the Centre for Health Economics

The Centre for Health Economics is one of the world’s leading groups in the economic analysis of health and health care, with the largest Health Economics PhD program in Australia and the highest concentration of health economists in the Asia-Pacific region.

Monash is one of the top 50 universities in the world, ranked top in health economics in the Asia-Pacific region. As a PhD student of CHE, you will be part of a team of researchers at the cutting edge of impactful international research across themes including: disadvantage and health inequalities; global and environmental health economics; economic behaviour, incentives and preferences in health; economic modelling of health policies and technologies; and health financing and market organisation.

Employment Prospects

PhD graduates from the Centre for Health Economics typically find employment as researchers in leading universities and consulting firms around the world. Previous graduates have secured positions at the London School of Economics, the University of Cambridge, the University of Oxford, the University of Illinois, the University of York, the University of Melbourne, Australian National University, Ernst & Young, the World Bank, and government health departments.

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