Fully Funded 4.5-Year PhD in Health Economics – Monash University (Melbourne, Australia)
Job No.: 625101
Location: Caulfield campus
Duration: 4.5-year fixed‐term appointment
Employment type: Full‐time
Remuneration: You will receive a generous scholarship covering tuition fees and a tax‐free stipend at the current value of AU$39,000 per annum (up to $49,000 per annum for outstanding students). Additional financial support is available through research and teaching assistance work.
Centre for Health Economics, Monash University
As a candidate in the CHE Integrated PhD Program, you will receive rigorous training in advanced health economics and related studies. The Integrated Program begins 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, involving high‐quality research training and career development, culminating in a written thesis. The PhD stage typically takes three and a half years to complete.
You will also enjoy opportunities for domestic and international conference travel and the potential to undertake international research visits. PhD students at the Centre for Health Economics are supported to pursue research with real‐world impact, and opportunities are available across all topics of health economics.
Integrated PhD Program Entry Requirements and Scholarship Eligibility
* Completed an Honours degree, a 4‐year Bachelor's degree or a Master's degree with top marks and a research component in a relevant discipline.
* Relevant disciplines include health economics, labour economics, economics and econometrics. We also consider other quantitative disciplines such as data science, mathematical statistics, actuarial science, public health or psychology with strong statistical training.
Use the PhD readiness tool to check your eligibility. For full information on eligibility and English language requirements, visit the Monash Business School Integrated PhD Program page.
Applications
Applications follow the Integrated PhD program application process outlined on the Monash Business School website. Before applying, assess your eligibility for the Integrated PhD program using the eligibility tool (Step 1 of the application process). Eligible applicants should then submit an application, following the instructions provided under Step 2 of the application process. Note that under this step you should select "Graduate Coursework" as your study type, and "B6023 – Master of Commerce" as your course preference. When prompted, please select "Health Economics" as your area of specialisation. You do not need to find a supervisor before submitting an application under Step 2. Applications for this step close 1 February 2026.
The Centre for Health Economics will assess all eligible applications. Where appropriate supervision is available, shortlisted applicants will be contacted to meet potential supervisors to assess mutual fit. In accordance with the Integrated PhD process, successful candidates will then be issued an "invitation to apply" to progress within the Integrated PhD pathway (Step 3 of the application process).
Application Dates for the Commencement of the Integrated PhD Program in July/August 2026
* Application round is currently open.
* Closing date: 1 February 2026
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 research themes including disadvantage and health; global and environmental health economics; economic behaviour, incentives and preferences in health; and economic modelling of health policies and technologies.
Employment Prospects
PhD graduates from the Centre for Health Economics typically find employment as researchers in leading universities and consulting firms around the world. For instance, our previous graduates have been successful in gaining 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.
Enquiries
For questions related to the application procedure, please contact .
Supporting a Diverse Workforce
For instructions on how to apply, click on the "Apply" button above for the full position description and instructions on how to apply for Monash jobs.
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