1999 Business and Economics Handbook - Bachelor of Business (Accounting)/Bachelor of Business (Banking and Finance)

Bachelor of Business (Accounting)/Bachelor of Business (Banking and Finance) - BBus(Acc)/BBus(Bkg&Fin)

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

General

Course code: 1333
Course coordinator: Dr Geoff Speight
The Bachelor of Business (Accounting)/Bachelor of Business (Banking and Finance) double degree course is a combination of two degree programs and is structured so that successful completion leads to the award of the Bachelor of Business (Accounting) and the Bachelor of Business (Banking and Finance).

Course objectives

The objective of this double degree program is to provide an integrated course of undergraduate studies in Accounting and Banking and Finance. On completion graduates should have:

a broad understanding and appreciation of accounting, banking and finance issues within an organisation;
developed effective interpersonal and communication skills with continuous independent and critical thinking;
an understanding of the external environment within which business operates and, in particular, emphasis on Australia's international context;
developed critical analytical and technical skills within the accounting and banking environment;
the skills, opportunity and encouragement to progress into postgraduate studies and/or research.

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 either the fees set by the government under the Higher Education Contribution Scheme (HECS) or for full tuition fees as determined by the university. 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 four of the degree regulations, the following credit transfers have been standardised for the Bachelor of Business (Accounting)/Bachelor of Business (Banking and Finance):

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 the TAFE college are eligible for credit for up to a maximum of four subjects in the course, to be determined by the course coordinator on a subject-by-subject basis;
holders of an Associate Diploma in Accounting from a TAFE college (post-1989) are eligible for up to a maximum of eight subjects on a subject-by-subject basis to be determined by the course coordinator;
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 (these will usually include AFX1110, AFX1300, ECX1710, TBX1010).

Mode of offering

Day and evening classes are offered at Caulfield campus. Not all subjects are offered in all semesters.

Professional accreditation

The degree satisfies the academic requirements for membership of the Australian Society of Certified Practising Accountants, The Institute of Chartered Accountants in Australia, for senior associate membership of the Australian Institute of Banking and Finance and the Institute of Chartered Secretaries and Administrators.

Duration

The course will normally take four years on a full-time basis.

Course structure

Year one

First semester

AFX1110 Accounting for financial decision making
ETX1640 Business mathematics and statistics
BTX1010 Commercial law
ECX1710 Macroeconomics

Second semester

AFX1121 Accounting systems and procedures
AFX1300 Money and capital markets
MGX1230 Business communication
MKX1120 Marketing theory and practice

Year two

First semester

AFX2391 Cost accounting
BTX1151 Corporations law and trusts
AFF2401 Commercial banking and finance
MGX1300 Introduction to management

Second semester

AFX2051 Financial modelling
AFX2491 Company reporting
BTF2601 Banking law
ECX2710 Microeconomics

Year three

First semester

AFX2431 Management accounting
AFX2631 Financial management
BTF2801 Lending law
MKX2111 Buyer behaviour

Second semester

AFX3631 Auditing
AFF0011 Elective
AFF3651 Treasury management
BTX3931 Taxation law

Year four

First semester

AFX3051 Advanced financial modelling
AFX3791 International accounting
AFX3331 International banking and finance
AFF3841 Lending decisions

Second semester

AFX3491 Advanced financial accounting theory and practice
MGX3401 Strategic management
MKX3141 Issues in competitive advantage
AFF0011 Elective

Electives

Electives can be chosen from the Department of Accounting and Finance or any department within the university, providing that they are the appropriate level and prerequisites are met. Electives chosen outside the faculty must be approved by the course coordinator.

Progression to further studies

Completion of the BBus(Acc)/BBus(Bkg&Fin) will 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.