Construction Economics
The course components address a range of topics including building plans and processes, building structures and soil mechanics, construction techniques, contract administration, finance and cost planning, project management, refurbishment and retrofitting, and risks. It also contains a strong sustainability theme which equips graduates with skills that are highly sought after in the construction environment.
Quantity Surveyors (or Construction economists) work on major constructions projects varying from large residential or office blocks, schools, hospitals, factories to bridges, railways and mining.
A Quantity Surveyor, also known as a Construction Economist, or Cost Manager, is part of a team of professional advisers to the construction industry that advises on estimates and monitor construction costs, which are generally considered to fall within the management disciplines and financial administration of construction projects through their life cycle. In the initial construction phase, quantity surveyors advise on the most economical way of achieving their construction requirements. You will use techniques such as cost planning, estimating, cost analysis, cost-in-use studies and value management to establish a project budget.
You will work alongside other construction industry professionals including: Architects, Financiers, Engineers, Contractors, Suppliers, Project Owners, Accountants, Insurance Underwriters, Solicitors and Courts and with all levels of Government authorities.
In order to work in this profession you must have an analytical mind, strong attention to detail and be prepared to work to very rigid time schedules. This is because decisions made involve large sums of money is spent based on your work.
This course can be studied at a Bachelor or Masters level. The Masters course is delivered in as quick as 16 months at certain universities around Australia. The Australian Institute of Quantity Surveyors (AIQS) is nominated by the Minister for Immigration and Border Protection as the relevant assessing authority for the occupation of Quantity Surveying ANZSCO 233213. According to the Skilled Migration Assessment Policy Guidelines, obtaining accredited course completion allows you to obtain a full skills assessment without requiring additional work experience. This is done through the accredited pathway program.
Why is this important? Because Quantity Surveyor is listed on the Medium to Long Term Skilled Shortage List (MLTSSL)
Therefore because the occupation is on the MLTSSL, and you can obtain a skills assessment through the accredited pathway when you finish the course, and then potentially apply for general skilled migration visas such as:
- Skilled Independent (Subclass 189)
- State Sponsored (Subclass 190)
Please note in order to apply for general skilled migration visas, applicants are required to meet the other requirements of general skilled migration.
1. Academic requirement: Completion of Australian Year 12 OR overseas equivalent.
2. Present English language proficiency evidence
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- IELTS, PTE, etc. (IELTS: 6.5 overall – no band less than 6.0; OR equivalent). The test result must be valid within 2 years at the time of the visa application.
- Some Education Institutions offer an in-house English Placement Test that you can take to meet the English entry requirements.
- Exemptions apply if:
– you are a citizen and hold a passport from UK, USA, Canada, NZ or Republic of Ireland
– you are enrolled in a principal course of study that is a registered school course, a standalone English Language Intensive Course for Overseas Students (ELICOS), a course registered to be delivered in a language other than English, or a registered post-graduate research course
– you have completed at least 5 years of study in English in one or more of the following countries: Australia, UK, USA, Canada, New Zealand, South Africa, or the Republic of Ireland.
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Quantity Surveyors can work in the construction industry in different filed including:
- Contract administrator
- Estimator
- Project manager
- Quantity surveyor
- Building consultant
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Steps to Studying in Aus
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Interviews with Our Students
Feel free to check these interviews with some of our students.
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Frequently Asked Questions
In case you don't find an answer to your question, feel free to consult with one of our agents.
Schedule a ConsultationYes, Australian construction economics qualifications are widely recognized in many countries, including Europe and North America.
These qualifications are part of the Australian Qualifications Framework (AQF), which ensures a high standard of education and training. Many countries value AQF certifications, making them a strong foundation for pursuing employment in fields like construction management and quantity surveying. However, some regions may have additional licensing or certification requirements. For more details, visit the studying construction management page.
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