Academic Background: You need a recognised bachelor’s degree (relevant fields such as Economics, Commerce, Finance, Statistics, Mathematics) with a minimum overall average of 65% (out of 100), per UNSW's Postgraduate Coursework Entry Calculator. The GPA equivalent would vary, but generally this translates to about 2.6 – 2.7 out of 4.0 for Indian grades.
Subject Prerequisites: A minimum of second- or third-year courses in microeconomics, macroeconomics, econometrics and mathematical economics, with at least 70% average in those subjects, is required.