Economics is the science everybody talks about without knowing they are talking economics. It’s the field that penetrates life into the most intimate. Economics brings sometimes joy, sometimes sadness but always brings enlightenment.

My passion for economics is deeply steeped in the belief that it provides the concepts, tools, and theories that can help us as a people solve the problems that we face, save lives, and ensure a sustainable future for the next generation. At practical level economics helps in decision-making, and provides the foundation for understanding as a whole how the world functions, governments develop and implement policy, and people respond to change. At RMIT in the BBUS Economics program, we aim to provide our students firstly with a broad understanding of how the world functions, markets are connected, and how individuals make decisions, particularly during periods of uncertainty and change. We also aim to build competencies in data analytics, and modeling, and encourage critical thinking among our students so that they can develop new insights to both traditional and new challenges. Through our research projects, group-based activities, internships, and university club activities we aim to make our graduates make ready for work, either as innovative team players, or the next generation of leaders.

Understanding how decisions are made, how markets work, and how economic forces drive social systems, equips me to make better rational decisions and solve complex problems. Adding psychological elements to Economics enables me to understand and explain irrational choices often made by people. From traditional economic theories and models to human behavior analysis, Economics has not only shown me how the world and humans interact but also has helped me to be a wiser decision-maker in my professional and personal life.  

I’m Tuý Vy, currently working as a Risk Operation Team Leader at Standard Chartered Bank.

Having graduated from Bachelor program of Economics and Finance, I’ve been able to study numerous knowledge, which has also been extremely beneficial for my career, but what impressed me the most was how my program instilled in me a strong mindset of keeping practicing critical thinking skills in almost every task, including both daily and professional ones.

I can guarantee you that RMIT students will be instructed to know how to deal with difficult situations in career and also dilemmas in life, through various tasks and projects during the courses. Later in your career, you will certainly find these skills playing a pivotal role in advancing your career.

I hope you can find out the inner call for your future path during your precious here, in our beloved RMIT university.

RMIT was not my first option for university, but it is the best option that led to my career path today. The great thing RMIT gave me was a professional learning environment, where I had the chance to learn with professors in different economic fields: Investment, Law, Quantitative, or Marketing while facing multiple deadlines and real-life business cases.
On top of that, RMIT gave me the freedom I needed to actively participate in nationwide competitions, start a small business, host frequent events, and search for mentors. That is what a university should be, teaching you less theory and more real-world experience. Because no matter how hard you study, your gap with the real world will still be a huge blank space that you should be prepared for.

Studying economics helps you understand how your society works, and what motivates people and companies to make the decisions they do. It give you important tools to be able to analyze the economic and financial options available to you and others. If you decide to work in economic development, studying economics will give you the knowledge to help governments and international organizations define policies that can help people make better choices and help a country grow and develop.