Fully Funded 4.5-Year PhD in Health Economics – Monash University (Melbourne, Australia)
On-Site
Postgraduate scholarships
42 Months
37000 - 47000 AUD
OPEN
Centre for Health Economics, Monash Business School, Integrated PhD Program 2027
Location: Caulfield campus, Monash University, Melbourne
Duration: 4.5-year fixed-term appointment
Employment type: Full-time
Remuneration: You will receive a scholarship covering tuition fees and a tax-free stipend (living allowance) at current value of AU$37,000 per annum (up to $47,000 per annum for outstanding students). Additional financial support is available through research and teaching assistance work.
About the Program
As a candidate in the CHE Integrated PhD Program, you will receive rigorous training in advanced health economics and related studies.
The Integrated Program starts with advanced coursework, research training and a minor thesis packaged into a Master of Commerce (MCom) degree, taking one year to complete. Provided you meet the agreed conditions, you will then progress to the PhD, which involves high-quality research training and career development, culminating in a written thesis. The PhD stage will typically take three and a half years to complete.
You will also enjoy opportunities for funded domestic and international conference travel and the potential to undertake international research visits. You will be provided your own laptop and dedicated workspace for the duration of the Integrated program. Students become part of CHE’s vibrant research community, engaging in seminars, workshops and collaborating with leading researchers.
PhD opportunities are available across all topics of health economics.
Entry Requirements and Scholarship Eligibility
Applicants should have completed an Honours degree, a 4-year Bachelor's degree, or a Master's degree with top marks and preferably a research component in a relevant discipline.
Relevant disciplines include health economics, labour economics, economics and econometrics. We will also consider other quantitative disciplines such as data science, mathematical statistics, actuarial science, or public health or psychology with strong statistical training.
You can check your eligibility with the PhD readiness tool.
For full information on eligibility and English language requirements, please visit the Monash Business School Integrated PhD Program page.
Applications Opening Soon
A new application round for a February 2027 commencement is open and closes on 31 August 2026. Applications should follow the Integrated PhD program application process outlined on the Monash Business School website.
For enquiries, please contact 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 research groups in the economic analysis of health and health care. We have the highest concentration of economists working in health in the Asia-Pacific region and the largest Health Economics PhD program in Australia, reflecting the reputation of our researchers and the quality of their mentorship.
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 the Centre, 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. Our 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.
900 Dandenong Road, Caulfield East
3145 Melbourne , Australia