1999 Business and Economics Handbook - Bachelor of Business (Accounting)

Bachelor of Business (Accounting) - BBus(Acc)

General
Course objectives
Admission requirements
Fees
Credit for work done elsewhere
Mode of offering
Professional accreditation
Duration
Course structure
Progression to further studies

General

Course code: 0315
Course coordinator: Mr John Rice
The Bachelor of Business (Accounting) course is designed to provide graduates with high level skills in both the specialised field of accounting and the general field of business management. Graduates will be capable of pursuing careers in professional accounting and a wide range of business fields.
The course blends a conceptual theoretical framework with practical applications and covers basic discipline material through to more specialised accounting strand requirements. Graduates will be well equipped to seek employment in both private and public-sector enterprises.

Course objectives

On completion of this course students should:

be able to apply rigorous theoretical and practical skills in accounting and corporate finance, as a basis for professional practice;
have developed skills in management, marketing, economic principles, quantitative methods and strategic thinking;
demonstrate the capacity to effectively synthesise and communicate knowledge when analysing and solving problems;
appreciate the need for independent learning, adaptability and continuing education to meet the demands of a constantly changing business environment;
have developed skills in interpersonal behaviour along with critical, analytical and technical skills within the accounting environment;
have satisfied the membership requirements of the Australian Society of Certified Practising Accountants, The Institute of Chartered Accountants in Australia and the Institute of Chartered Secretaries and Administrators;
be ready for professional business engagement in terms of practical knowledge and technical competence.

Admission requirements

(a) Victorian Certificate of Education (VCE)

A grade average of C in both English and in Mathematics (any) and a grade average of D in any two other VCE studies.

(b) Comparable qualifications

Applicants may also satisfy entrance requirements with qualifications equivalent to the VCE, eg TAFE qualifications (the first year of a TAFE associate diploma or equivalent TAFE qualification) or comparable Year 12 qualifications, including International Baccalaureate, or other approved tertiary study.

(c) Special admission

Students who have not successfully completed VCE or equivalent, may satisfy entry requirements by completing at least two Monash non-award single subjects or open learning (OLA) subjects. Further information is contained in the booklet 'Returning to study at Monash' which is available from the Prospective Students Office, telephone 9905 1320.

Fees

Fees will depend upon the student's residency status. Local residents will be liable for the fees set by the government under the Higher Education Contribution Scheme (HECS) or on a full-fee payment basis. International students will pay fees at the rate set by the government for non-resident students. For details of current fees contact Monash International Pty Ltd, (03) 9903 2311.

Credit for work done elsewhere

In addition to part one, section five of the degree regulations, the following credit transfers have been standardised for the Bachelor of Business (Accounting):

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, to be determined by the course coordinator.
Holders of an Associate Diploma in Accounting from a TAFE college (prior to 1989 entry) are eligible for credit for up to a maximum of six subjects on a subject-by-subject basis, depending on the specialisation undertaken in the Associate Diploma in Accounting.
Holders of an Associate Diploma in Accounting from a TAFE college (post-1989 entry) are eligible for credit for up to a maximum of eight subjects. A maximum of eight subjects on a subject-by-subject basis is possible for an approved articulation program.

Mode of offering

Day and evening classes are offered at the Caulfield campus. At the Peninsula campus students may be able to timetable classes between 8 am and 6 pm. Part-time Peninsula students must be prepared to attend day classes as necessary.

Professional accreditation

The Bachelor of Business (Accounting) is recognised by both the Australian Society of Certified Practising Accountants and The Institute of Chartered Accountants in Australia as meeting academic requirements for membership. However, students are advised to note the specific requirements for each of these bodies.

Duration

Normally three years for full-time students, six years for part-time students. Maximum period allowed to complete the course is ten years.

Course structure

Candidates will undertake the equivalent to the course set out in the Monash University faculty handbook for the year in which they first enrolled, unless advised to the contrary. Where there has been a break in study other than by leave of absence, the candidates will undertake the equivalent to the course set out in the handbook for the year in which study is resumed.

Year one

First semester

AFX1110 Accounting for financial decision making
MGX1230 Business communication
MKX1120 Marketing theory and practice
BTX1010 Commercial law

Second semester

AFX1121 Accounting systems and procedures
ETX1640 Business mathematics and statistics
ECX1710 Macroeconomics
MGX1300 Introduction to management

Year two

First semester

AFX2391 Cost accounting
AFX2491 Company reporting
AFX1300 Money and capital markets
MKX2111 Buyer behaviour

Second semester

AFX0011 Elective
AFX2051 Financial modelling
AFX2431 Management accounting
ECX2710 Microeconomics

Year three

First semester

AFX0021 Elective
AFX2631 Financial management
AFX3491 Advanced financial accounting theory and practice
MGX3401 Strategic management

Second semester

AFX0031 Elective
AFX3631 Auditing
AFX3791 International accounting
MKX3141 Issues in competitive advantage

Students studying their course part-time, or who are not on normal progression, are advised that subjects may be offered only in the day or evening mode in any one semester.

Electives

Electives can be chosen from those offered by the Department of Accounting and Finance or any department within the university, providing that they are at the appropriate level, and prerequisites are met. Students who wish to meet the educational requirements for membership of the Australian Society of Certified Practising Accountants (ASCPA), and The Institute of Chartered Accountants in Australia (ICAA), will need to choose their elective subjects carefully; BTX1151 Corporations law and trusts and BTX3931 Taxation law should be selected.

Progression to further studies

Completion of the BBus (Accounting) may enable progression to an honours year and a variety of postgraduate courses either at Monash or other Australian or overseas universities. Details of specific postgraduate courses are available on inquiry from the faculty.