Bachelor of Business (Retail Management)


Course information

Course code: 0517
Caulfield campus
HECS fees applicable
Attendance optional

Aims

The overall aim of this degree course is to raise the level of management skill and competence in all aspects of retail management. The content, structure and presentation of the course are designed to equip students with the skills to manage a retail business in an increasingly complex and challenging environment.
The specific objectives of the course are to:

Professional recognition

This course is recognised by the Retailers Council of Australia. Graduates employed in the retail industry are eligible to apply for graduate membership.

Entry requirements

Entry profile

As a part-time distance education course the Bachelor of Business (Retail Management) is principally designed for those engaged in the retail industry seeking to develop their careers and management competence, with several years of experience.
The course would also be appropriate for people planning a career change into the retail industry but not actually employed in a retail company or those who have previously been employed in retailing who plan to re-enter the industry.
In general, this course is open to mature age applicants (twenty-three years+) who have passed the Victorian Certificate of Education (VCE) (or equivalent) including English. Other recommended Year 12 subjects are accounting, economics and mathematics.
Applications are also invited from mature age applicants who, although they may not hold the required Year 12 qualification, may meet entry requirements by undertaking prior studies on a single subject basis.

Selection

Selection will be based on a professional profile portfolio which will be an extension of the normal application form. It requires information about previous study, professional capability and analytical ability, and the reasons for wanting to undertake the course.
Since students will have to prepare assignments and research related to retail practice, applications should include a letter from their employer or a 'sponsor' retailer expressing support for these tasks to be undertaken.
It is expected that the number of applications will greatly exceed the number of places available. Therefore it will be important for applicants to present a strong case.

Special requirements

Assignments

As assignments will have a practical bias it will be necessary for applicants to either be employed by a retail company and have their applications supported, or to show evidence of access to a retail company for the purpose of assignment work.

Attendance

Students will have the option of attending three Saturday tutorials on the Caulfield campus during each semester. Copies of audio tapes and notes are distributed to all students to minimise disadvantage for those unable to attend.

Course structure

The course

The degree comprises twenty-four semester subjects divided into three segments of eight subjects each, and offers students a broad range of business and retail specialised subjects. It will normally take six years of part-time study to complete and students will be required to complete two subjects each semester.
The course will be a demanding one. Although it is designed to be completed in the students' own time, it will require a disciplined plan of study and require a high level of personal commitment and determination.
As a Bachelor of Business at tertiary level, many of the early subjects are not retail specific as they are common to other Bachelor of Business programs, except that assignments will have a retail flavour. Students will be required to do the basic study supplied by workbooks and complete a range of projects. Most subjects also have examinations. To get the most out of the course and achieve high standards students will also need to buy the necessary companion texts and use their own initiative to draw on other resources as well as personal experience.

Course plan

The sequence of subjects is set out below.

First semester

Second semester


Module 1: Principles behind running a retail business


Year 1

MGF1230 Business communication; AFF1110 Accounting and financial decision making

MKX1120 Marketing theory and practice; MKF2500 Retail management principles

Year 2

MGF1300 Introduction to management; MKF1200 Winning the retail customer

TBF1300 Money and capital markets; ECF1640 Business mathematics and statistics


Module 2: Retail operational management


Year 3

MKF2221 Retail logistics; TBF1010 Commercial law

TBF1710 Macroeconomics; MKF3501 Buying for retail markets*

Year 4

ECF2211 Statistical methods for retailers; MKF9010 Elective (MKF3331 Retail promotion or MKF3441 International retailing)

MKF3360 Retail technology; AFF2231 Retail financial management


Module 3: Retail strategic management


Year 5

AFF2051 Financial modelling; MKX3141 Issues in competitive advantage

MGF3280 Retail human resource management; MKF9020 Elective (TBF2251 Retail law or MGF2691 Management of organisational performance)

Year 6

MKF3381 Retail case studies; MGF3271 Retail strategic management

MKF3390 Retail project; MKF9030 Elective


*subject name awaiting approval

Assessment

Students are required to submit two written assignments (in most cases) for assessment and sit a final examination for each subject.

Credits/exemptions

Prospective students should complete the 'Application for credit transfer' form available in this book and send together with supporting documentation to the course administrator.

Further information

For more detailed information, contact Ms Helen Frost, course administrator, Department of Marketing, telephone (03) 9903 2055, fax (03) 9903 2929, email helen.frost@buseco.monash.edu.au

Completed applications

Completed applications, together with a professional profile portfolio, are to be forwarded to Ms Val Clulow, course director, Department of Marketing, Monash University, PO Box 197, Caulfield East, 3145.

Details of subjects

  • MGK1230: Business communication
  • AFF1110: Accounting and financial decision making
  • MKX1120: Marketing theory and practice
  • MKF2500: Retail management principles