Course director: Mr Michael Crowley
The course
These fee paying postgraduate courses by distance education have been designed to provide graduates in banks and non-bank financial institutions with intensive training in banking and finance subjects.
Objectives
On completion of the course students should:
* have a rigorous, theoretical and practical grounding in the principles of banking and finance and their application;
* have a balanced, analytical appreciation of the impact of regulatory supervision and the other external forces governing the financial system's competitive environment;
* have obtained specialist professional and academic qualifications and skills applicable to the rapidly changing banking and fiance industry;
* have the knowledge base to advance to the higher level studies.
Professional recognition
As these courses are primarily designed to allow graduates in the banking and finance industries to satisfy the educational requirements for entry to senior associate status with the Australia Institute of Bankers, applicants should approach that organisation to obtain clear guidance given their educational background and experience of the subjects to be selected to achieve this purpose. Some students may be able to satisfy these requirements by completing the certificate. Other students may need to advance to the diploma upon completion of the certificate.
Graduate Certificate of Business (Banking)
Course structure
The Graduate Certificate of Business (Banking) consists of the following subjects.
Year one
First semester
* GBU8043 Banking law and lending practice
* GBU8044 Financial institutions management
Second semester
* Elective subject*
* GBU8046 Money, banking and capital markets
Students satisfactorily completing the Graduate Certificate of Business (Banking) may then advance to the Graduate Diploma of Business (Banking) which is offered by the Syme Department of Banking and Finance, Syme Business, Caulfield campus.
* chosen from degree or other graduate diplomas offered by the School of Business - Gippsland and approved by the course director.
Graduate Diploma of Business (Banking)
The Graduate Diploma of Business (Banking) consists of the following four additional subjects.
Year two
First semester
* GBU8047 International banking and finance*
* GBU8048 Portfolio management and theory*
Second semester
* GBU8049 Corporate strategy for financial institutions*
* GBU8050 Treasury management for financial institutions*
* Prerequisite - Graduate Certificate of Business (Banking)
Satisfactory completion of the Graduate Diploma of Business (Banking) render students eligible to apply for entry to the masters program in banking and finance by course work offered by the Syme Department of Banking and Finance, Syme Business at Caulfield campus.
Entrance requirements
Admission to the course will be open to applicants who possess an undergraduate degree, or equivalent tertiary qualifications and who have had at least three years full-time appropriate employment or experience.
In exceptional circumstances, applicants who do not possess formal qualifications will be considered for admission on the following criteria.
1 Course director may admit candidates in excess of the special entry quota (10 per cent) in the following circumstances only:
(a) the candidates have at least six years business experience;
(b) they have been either an owner manager or in a management/supervisory position(s) or administering expenditure in excess on $500,000 pa for at least three years;
(c) they are recommended by their employer or, if self-employed, they provide suitable references;
(d) they pass with scores of at least 162 in each of two Special Tertiary Admission Tests of ACER - Test D (50 per cent verbal and 50 per cent quantitative (two hours), and Test E (written English (one hour)) - candidates to pay the costs of these procedures.
2. For more senior applicants course Directors may admit candidates within the 10 per cent category under the following conditions only:
(a) the candidates have at least tenyears work experience;
(b) they carry out a senior management role as, for example, a section head;
(c) they are recommended by the employer or, in the case of the self-employed, a referee.
Applicants without formal qualifications will not exceed 20 per cent of the total intake for that particular semester.
Technology requirements
It is strongly recommended that students have access to a personal computer. (Please note that the School of Business - Gippsland operates in an IBM-compatible windows environment.) It is also strongly recommended that students have access to a modem to facilitate e-mail communication with teaching staff.
Credit for work done elsewhere
Credits and exemptions may be granted for relevant partially completed postgraduate studies. The merit of these applications will be determined on a case-by-case basis. It is essential that subjects submitted for credit and exemption fit the philosophy and principles of this post-graduate course of study.
Fees
This is a fee paying postgraduate course for which no additional liability under the Higher Education Contribution Scheme (HECS) will be incurred. For a student undertaking the normal workload of two subjects per semester, fees of $800 per subject will apply, in addition to union fees of $60 (in 1994). Fees paid may be tax deductible in accordance with Section 51(i) of the Income Tax Assessment Act, but students will need to determine their own tax position.
Application procedures
Applications close on 3 February (first intake) and 2 June (second intake). Fees are payable on acceptance of an offer. An administration fee is payable for those students who withdraw from the course before 30 March (first intake) and 30 August (second intake).
Application forms for course admission may be obtained from the School of Business - Gippsland administration office by telephoning (051) 22 6380 or (03) 902 6380. Application forms should be forwarded to the Manager, Student Administration, Monash University, Gippsland campus, Churchill, Victoria 3842. Applications must include certified documentary evidence of entry qualifications.
Further inquiries
Contact the School of Business - Gippsland, telephone (03) 9026380 or (051) 226380. For more detailed information contact the course advisers, telephone (03) 9026642 or (051) 226642