Course director: Ms Sally Joy
The course
The Bachelor of Business Studies has been developed to offer students flexibility in their business studies. Flexibility is offered in the degree structure which allows students to select up to eight electives from any area of university study, and in the study mode which allows students to complete the degree by open learning, distance education, on-campus study, or by a combination of these.
Objectives
On completion of the course students should:
* have a basic level of knowledge of general business principles and applications;
* have developed technical skills and knowledge in the area(s) that they have elected as their major studies;
* have developed skills in problem solving in business;
* have developed a knowledge of the Australian business environment.
Venues
Students may select from a wide range of subjects but because not all subjects are taught by all modes of learning or on all campuses, students will need to consider this when selecting subjects.
Open learning allows students to study from home or from their workplace. Specially prepared study materials are sent to students, who are expected to complete regular assignments by mail. Study assistance is available from lecturers and advisers by phone.
Normally the only attendance requirement for open learning students is one three-hour examination for each subject held at the end of each semester. Examination centres are established throughout Australia so that no student should have to spend more than an hour and a half travelling to the nearest examination centre.
Television programs for many open learning subjects are broadcast in the mornings on ABC TV. Open learning is offered continuously throughout the year, so students may begin study by open learning in any of four study periods each year.
Recommended Year-12 subjects
There are no formal academic prerequisites for Open Learning students wishing to study the Bachelor of Business Studies.
Credit for work done elsewhere
Bachelor of Business Studies students will be awarded the same amount of credit for previous studies as students of other degrees offered by the faculty, depending on their major. Thus, a Bachelor of Business Studies student who majors in accounting will be awarded as a Bachelor of Business (Accounting) student. Students should therefore refer to the relevant entry elsewhere in this handbook.
Electives
Students may chose subjects to form a second major sequence from other business subjects not listed in the core or the major study areas or with permission of the course coordinator, subjects from other disciplines.
Course structure
The Bachelor of Business Studies comprises twenty-four subjects. Of the twenty-four subjects:
* eight are compulsory core subjects;
* eight form a major study in a business area such as accounting, economics, management or marketing;
* eight are electives which may be taken from any area of university study.
The subjects may be taken from those offered through open learning or other universities, but a minimum of eight must be taken from Monash University.
Compulsory core of business subjects
* ACC1110 Accounting and financial decision making
* ACC1121 Accounting systems and procedures
* FIN1010 Commercial law
* FIN1710 Macroeconomics
* MGM1300 Introduction to management
* MGM2691 Management of organisational performance
* MKT1120 Marketing theory and practice
* SYM3141 Issues in competitive advantage
Major studies in accounting
To complete a major study in accounting the following eight subjects, or approved equivalent, must be completed:
* ACC2051 Financial modelling
* ACC2391 Cost accounting
* ACC2431 Management accounting
* ACC2491 Company reporting
* ACC2631 Financial management
* ACC3491 Financial accounting issues
* ACC3631 Auditing
* ACC6510 Quantitative methods in accounting
Major studies in banking and finance
To complete a major study in banking and finance the following eight subjects, or approved equivalent, must be completed:
* FIN1300 Money and capital markets
* FIN2401 Commercial banking and finance
* FIN2601 Banking law
* FIN2710 Microeconomics
* FIN2801 Lending law
* FIN3331 International banking and finance
* FIN3651 Treasury management
* FIN3841 Lending decisions
Major studies in management
To complete a major study in management the following eight subjects, or approved equivalent, must be completed:
* MGM1230 Business communication
* MGM1510 Quality management
* MGM2341 Employee relations
* MGM2621 Organisational change
* MGM2661 Human resource management
* MGM2671 Entrepreneurship and small business management
* MGM3351 International business
* MGM3401 Strategic management
Major studies in marketing
To complete a major study in marketing the following eight subjects, or approved equivalent, must be completed:
* MKT2121 Marketing research
* MKT3121 Marketing planning and implementation
* MKT3131 Strategic marketing
* MKTXXXX Product/service management (subject to review)
* MKT3461 Marketing communications
* MKT3471 Sales management and negotiation
* MKT3481 Logistics and channel management
* MKT3531 International marketing