Bachelor of Business (Banking and Finance) by distance education - BBus(Bkg&Fin)
Course
code: 0391
Course coordinator: Mr Michael Vincent
This course is principally designed for students seeking a career in the
banking and finance industry or who are already employed in the banking and
finance industry and are seeking a relevant tertiary qualification on a
part-time basis. In addition to a core of business foundation subjects, the
course provides a specialist study in a number of key functional areas of
relevance to financial institutions and markets. Three elective subjects may be
taken during the second half of the course. This course is generally open only
to candidates who have reached the age of twenty-three years and over.
The course is offered on a part-time basis only and is of six years duration. A
part-time candidate is expected to undertake two subjects per semester.
The
objectives for the Bachelor of Business (Banking and Finance) are as
follows:
- to provide a course of direct relevance to careers in business and
specifically in the banking and finance industry, which should allow the
graduate to make an early contribution;
- to provide thorough exposure to a wide range of disciplines to ensure
that the graduate achieves a comprehensive business training and develops a
broad perspective on business and its role beyond his/her specialised area of
interest;
- to provide an education that emphasises the changing nature of business
theory and practice, thereby encouraging the student to become an independent
learner cognisant of his/her needs for continuing education;
- to develop skills in communication and interpersonal behaviour, allowing
the student to work effectively both in a team and independently;
- to develop the capacity to synthesise and apply knowledge from a number
of separate disciplines when analysing specific problems;
- to establish a suitable basis for postgraduate study.
On
completion of this course a student should be able to:
- explain the main features of the Australian financial system, and of the
international financial system, including institutional arrangements, financial
instruments and the relevant legal framework;
- use mathematical and computing aids in financial applications such as
interest calculations, pricing financial instruments and measurement of
financial risk;
- analyse the different risks and returns faced by financial institutions
and other participants in financial markets; and assess the effectiveness of
alternative management systems;
- satisfy the educational requirements of the Australian Institute of
Banking and Finance;
- access research materials from various sources, identify relevant
financial areas which would justify further research and plan appropriate
research strategies.
In
addition to part one, section four of the degree regulations, the following
credit transfers have been standardised for the Bachelor of Business (Banking
and Finance) by distance education:
- holders of the AAIB award from the Australian Institute of Banking and
Finance are eligible for credit for up to six subjects to be determined by the
course coordinator;
- members of the Institute of Chartered Secretaries and Administrators
will be granted credit for three subjects;
- holders of a recognised Certificate of Business Studies from a TAFE
college are eligible for credit for up to a maximum of four subjects in the
course, to be determined by the course coordinator;
- holders of a relevant associate diploma (with Year 12 entry) from a
TAFE college may be eligible for credits up to a maximum of eight subjects.
The
course is taught off-campus. Saturday study days are held at Caulfield campus,
three times throughout each semester. Attendance at these study days is not
compulsory. Course administration is the responsibility of the Department of
Accounting and Finance, Caulfield campus.
The
degree satisfies the educational requirements for senior associate membership
of the Australian Institute of Banking and Finance. Holders of the degree who
have not completed the two years employment in the banking and finance industry
required for senior associate membership are eligible for associate membership
in the interim.
All
applicants should contact the Flexible learning programs administrator,
Department of Accounting and Finance, Monash University, Caulfield campus, PO
Box 197, Caulfield East, Victoria 3145 for application forms and instructions.
Telephone (03) 9903 2359 Fax (03) 9903 2838.
Note that applicants should clearly state the full name of the course to ensure
that the correct material is sent, namely Bachelor of Business (Banking and
Finance) by distance education.
- AFF1110 Accounting for financial decision making
- MGX1230 Business communication
- AFX1300 Money and capital markets
- ECF1710 Macroeconomics
- ETX1640 Business mathematics and statistics
- MKF1120 Marketing theory and practice
- MKF2111 Buyer behaviour
- BTF2801 Lending law
- AFF0011 Elective
- ECX2710 Microeconomics
- AFF3841 Lending decisions
- MKF3141 Issues in competitive advantage
- AFF0021 Elective
- BTF3931 Taxation law
- AFX3331 International banking and finance
- MGX3401 Strategic management
- AFF0031 Elective
- AFF3651 Treasury management
Candidates
can select electives from a wide range of business related subjects offered
through the Faculty of Business and Economics and the Distance Education Centre
(Gippsland campus) upon approval from the course coordinator.