1999 Business and Economics Handbook

Careers information

The faculty's graduates take up a wide range of careers in business, commerce and industry and government. Courses in careers education and training are run by the Monash Student Employment and Careers Service, in particular, help with resume writing and interview skills. Series of employer visits to campus are also organised. Some international employers come to Australia to recruit staff.
Careers available to students specialising in accounting are diverse and include positions such as chartered accountants, financial managers, financial accountants, management accountants, financial advisers and public accountants. Many organisations and individuals employ the services of accountants and employment opportunities are found in private enterprise, government organisations, accounting firms and non-profit organisations. A banking or a finance specialisation can enable graduates to work in international banking, international finance, investment management, treasury management, money market operations, lease finance, consumer finance, business finance, project finance, financial modelling and forecasting.
Large companies, consulting firms, public opinion and marketing agencies, as well as the media, all provide career opportunities for graduates in economics with supporting studies in a range of disciplines. Economics graduates are also well qualified to apply for positions in international organisations, the public service and positions associated with parliamentary offices. Government relations are an aspect of business activity of growing importance. Econometrics emphasises quantitative skills, applicable to business areas in the private and public sector, which are in demand for forecasting, decision making, economic and financial modelling, quality management, market analysis and research.
A management or business administration specialisation leads to career opportunities in manufacturing management, quality and material management, production and inventory control facilities, planning and design, human resource management, public relations, training and development, occupational health and safety, equal opportunity and industrial relations. A retail management specialisation can broaden opportunities for career advancement in the retail industry where tertiary qualifications are becoming increasingly significant in senior management.
An international trade specialisation provides career opportunities in legal and trade negotiation sections of import/export companies, finance, marketing, tourism and hospitality agencies and other organisations which seek to serve foreign clients (eg conference organisations and tourism companies), government departments and organisations operating in the international areas, multinational companies and financial institutions. A marketing specialisation provides a wide range of career opportunities in industrial, consumer and service organisations, as well as government. Graduates are employed in management, marketing, market research and analysis, sales and advertising.
A business tourism major leads to careers in resort management, tourism marketing, travel product development, planning and development.