Monash University Business & Economics handbook 1995

Copyright © Monash University 1995
Enquiries to publishing@udev.monash.edu.au

Bachelor of Business (Business Administration)

Course code: 0479

Course director: Ms Mary Anderson

The course

This course is designed for overseas students, recent school leavers and mature age students wishing to undertake major studies in both general management and a functional discipline relevant to careers in business administration. Three major study streams are available:

* Human resource management (HRM) (Caulfield and Peninsula campus)

* Management (Caulfield and Peninsula campuses)

* Manufacturing management (Caulfield campus)

The HRM study stream is suitable for students who have strong interpersonal communication skills and enjoy the prospect of a career which involves people management skills in jobs associated with personnel administration. The manufacturing management stream is suited to students who are interested in careers covering a wide range of jobs focussing on improving products/service industries. The management study stream provides a broad set of basic skills necessary for effective people management in a wide range of jobs.

Accordingly the course provides a flexible program of rigour at the conclusion of which graduates will have:

* an understanding of management and how businesses operate

* an ability to begin their careers in appropriate managerial, marketing, administrative or financial work.

This course is suitable for students intending to move into administrative positions in private sector service organisations and semi-government and non-profit corporations. It provides a broad business education, allowing inter-specialisation through career-specific study at honours or postgraduate level.

Objectives

On completion of this course the student should be able to:

* have a broad understanding of management issues and the operation of business within a global, competitive and dynamic environment;

* have the ability to apply specialised knowledge and expertise in one of the areas of General Management, Human Resources Management or Manufacturing Management;

* with the flexible study program available, have the ability to commence and/or develop careers with the mix of management generalist and integrative skills and a complementary study area;

* apply workteam and technological skills to specialist management decision making;

* *have developed effective interpersonal and communication skills with continuous independent thinking;

* be eligible for membership of the Australian Institute of Management and/or Australian Human Resources Institute if appropriate subjects are undertaken.

Venue

Day and evening classes are offered at the Caulfield campus. Day-only classes are offered at the Peninsula campus.

Full-time and part-time studies are available at the Caulfield campus where specialist studies include accounting, arts, banking and finance, manufacturing management, marketing, international trade and computing. Evening classes are available at Caulfield campus for Caulfield-enrolled students only.

Credit for work done elsewhere

In addition to part one, section four of the degree regulations, the following credit transfers have been standardised for the Bachelor of Business (Business Administration) -

* members of the Institute of Chartered Secretaries and Administrators will be granted credit for three subjects;

* holders of a recognised Certificate of Business Studies are eligible for credit for up to a maximum of four subjects in the course and holders of a relevant associate diploma are eligible for credit for up to a maximum of eight subjects, to be determined by the course director;

* students who are members of an approved professional accounting body will be admitted to year two of the course. A list of approved professional bodies is available from Syme Business, administration offices.

Electives and subject sequence groupings

In common with other Bachelor of Business degree courses at Caulfield and Peninsula there are currently thirteen compulsory subjects which provide a common core of knowledge and basic business skills. These cover accounting, banking and finance, business statistics, commercial law, economics, management and marketing.

Elective subjects may be used to provide further in-depth study, or to gain functional skills in another study area to widen career options. Students wishing to apply for membership of the Australian Human Resources Institute must take all their elective studies in HRM subjects.

The general management stream

This specialisation comprises five subjects from: business communications, quality management, human resource management, employee relations, organisational change, international business, information management or HRM information systems. Students choose their six elective subjects from another discipline.

The human resource management stream

Students in this stream are required to undertake the general management stream subjects. In addition, they must choose at least four of the six elective subjects from managerial communication, international management, HRM strategy and planning, performance management systems, cross cultural communication and negotiation and current issues in HRM.

The manufacturing management stream

Available at Caulfield campus only. The specialisation comprises at least five subjects chosen from: quality management, operations and manufacturing management, advanced manufacturing technologies, production planning and control, quantitative techniques and software applications in manufacturing, safety and environmental issues and an industry placement project.

Students in the management and manufacturing management streams may use their elective subjects to provide a specialised study program from other subjects offered by other departments and faculties at Monash.

Course structure

Year one

First semester

* MGM1230 Business communication*

* MKT1120 Marketing theory and practice

* FIN1010 Commercial law

* MGM1300 Introduction to management

Second semester

* MGM1510 Quality management

* ACC1110 Accounting and financial decision making

* FIN1710 Macroeconomics

* ECM1640 Business mathematics and statistics

At the end of year one, students must choose their major stream of study from the human resource management, management or manufacturing management streams.

Year two

First semester

* ACC2031 Financial controllership

* MGM2691 Management of organisational performance

* MGM9011 Elective

* MGM2661 Human resource management

or

* MGM1500 Operations and manufacturing management

Second semester

* FIN2710 Microeconomics

* MKT1131 Statistics for marketing+

* MGM9021 Elective

* MGM2621 Organisational change

or

* MGM2881 Production planning and control

Year three

First semester

* MGM2341 Employee relations

or

* MGM2801 Advanced manufacturing technologies

* FIN2991 Law and managerial responsibility

* MGM9031 Elective

* MGM9041 Elective

Second semester

* MGM3401 Strategic Management

* MGM3141 Issues in competitive advantage

* MGM9051 Elective

* *MGM9061 Elective[[daggerdbl]]

* MGM1230 Business communication is compulsory for students in the human resource management stream.

+ This second statistics subject may have an amended title. Students taking a major study stream in manufacturing management should replace this subject with MGM2911 (Quantitative techniques and software applications in manufacturing).

[[daggerdbl]] Students undertaking a major study stream in management who have already taken MGM1230 (Business communication) must take MGM3351 (International business) or MGM3381 (Information management) or MGM2821 (HRM information systems).

All subjects have attendance requirements equivalent to three hours per week over one semester. Subject progression may be varied slightly to meet the student's individual study needs and teaching resources available.

Electives are chosen in liaison with the course director to represent a major study program. Relevant discipline areas include accounting, banking and finance, computing, human resource management, manufacturing management, international trade, management and marketing. The foreign business language program is only available at the Peninsula campus.


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