Study Construction Economics

By studying Construction Economics (otherwise known as Quantity Surveying), you will learn many different aspects in both the management, costing and delivery of complex construction projects.

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.

Why Study Construction Economics

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 constuction 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.


Course Outcome: Quantity Surveyors can work in the construction industry in different filed including:


  • Contract administrator
  • Estimator
  • Project manager
  • Quantity surveyor
  • Building consultant


Course Duration

Bachelor of Construction and Economics – 2 – 4 years

Master of Construction Practice – 16 months – 2 years

Intake Dates

February and July




from $18,000 per year

Frequently Asked Questions

In case you don’t find an answer to your question, feel free to consult with one of our agents.
What do you as a construction manager?
Construction Managers plan, organise, direct, control and coordinate the construction of civil engineering projects, buildings and dwellings, and the physical and human resources involved in building and construction.

Common tasks that’s you will do in this profession include:
• interpreting architectural drawings and specifications
• coordinating labour resources, and procurement and delivery of materials, plant and equipment
• consulting with Architects, Engineering Professionals and other professionals, and Technical and Trades Workers
• negotiating with building owners, property developers and subcontractors involved in the construction process to ensure projects are completed on time and within budget
• preparing tenders and contract bids
• operating and implementing coordinated work programs for sites
• ensuring adherence to building legislation and standards of performance, quality, cost and safety
• arranging submission of plans to local authorities
• building under contract, or subcontracting specialised building services
• overseeing the standard and progress of subcontractors’ work
• arranging building inspections by local authorities

Where can I study to become a construction manager?
You can study to become a construction manager in Sydney, Melbourne, Brisbane, the Gold Coast and Sunshine Coast
What qualifications do you need to be a construction manager?
To become a qualified construction manager you could study a bachelor of constructions management or a masters of construction management.
How much does a construction manager make per year?
As per job outlook, construction managers make on average $3,450 per week
Are construction managers in demand in Australia?
As per job outlook, there are strong future growth prospects for construction managers in Australia. In additional the occupation of construction manager or quantity surveyor are professions both on the immigration Medium to Long Term Strategic Skill List.
How do I get started?
If you complete this questionnaire. We will be able to run through the different course options available to you and what documents you will need for the enrolment.
Will these qualifications be recognised in my home country?
These qualifications are part of the Australian Qualification Framework. Most countries, specifically European or North American countries accept qualifications issued by Australia. So yes, generally speaking, the qualifications will be accepted and allow you to work in your home country. Please note, we would always recommend you check specifically with your home country.
What are some related courses?
Some related courses to construction management are:

  • The Diploma of Building and Construction
  • Cert III in Carpentry
  • Associate Degree of Civil Engineering


In case of questions, feel free to reach out to one of our experienced Registered Migration Agents.

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Contact details

Give us a call

Australia: 0755 265 900
Argentina: (11) 7368 - 8134
Fiji: (679) 922 3842
Philippines: 63 968 363 5296
United Kingdom: 02039 483 865

Send an email

Gold Coast Office

2242 Gold Coast Highway,
Mermaid Beach, QLD, 4218

UK Office

5 Merchant Square
London, W2 1AY, United Kingdom
(By Appointment Only)

Study Construction Management was last modified: December 11th, 2021 by Nick Yock