Undergraduate courses and subjects 2000 - Bachelor of Commerce (Management)

Bachelor of Commerce (Management) - BCom(Mgt)

General information
Professional accreditation
Course structure

General information

Course code: 2017 · Note that the structure of the Bachelor of Commerce (Management) has been reviewed. Students first enrolled prior to 2000 will have the option of completing their degree under the structure in force when they first enrolled, or under the new structure
The Bachelor of Commerce (Management) degree provides a substantive sequence of subjects in management studies along with coherent sequences of subjects in the areas of accounting, finance, quantitative studies, marketing, business law, taxation, and economics. For details of the subjects available in this specialisation, see 'Specialisations in management'.

Professional accreditation

Graduates of this course are recognised for membership of the Australian Institute of Management (AIM), the Institute of Corporate Managers, Secretaries and Administrators (ICSA) and the Australian Human Resource Institute (AHRI). For all professional bodies, membership is dependent upon the correct choice of subjects by students.

Course structure

The pass degree requires the satisfactory completion of 24 subjects, or subjects to the value of a total of 144 credit points, over a minimum of three full-time years or a maximum of 10 years of study. Students may include in their degree subjects to the value of 36 credit points from disciplines outside the faculty, normally on the basis of 12 credit points at each year level. All first, second and third-year subjects offered by the Faculty of Business and Economics (Clayton) have a credit value of six points. Full-time students are expected to progress at the rate of eight subjects or 48 credit points per year. First-year students normally may not take a second-year subject until at least four first-year subjects have been completed successfully. Note that subjects in the later years of the course have prerequisites and co-requisites. In addition, students are expected to take subjects in a yearly sequence even if there are no prerequisite subjects specified. The course structure is shown in chart 5 in the section 'Charts of degree structures'. All category A and category B subjects are limited to those taught on the Clayton campus.

First year

The first year of the degree will comprise eight semester subjects totalling 48 credit points, of which the following shall be compulsory:

· MGC1020 Introduction to management: managing organisations and MGX1010 Managing people and organisations
· ETC1020 and ETC1031 Business and economic statistics
· AFC1021/AFC1022 Accounting principles and AFC1031/AFC1032 Introductory financial accounting

The remaining two semester subjects may be selected from other first-year subjects taught on the Clayton campus by the departments of the faculty or from another faculty.

Second year

The structure of the second and third years of the degree is similar. Each year comprises eight semester-length subjects, or the equivalent of 48 credit points.
To maintain a coherent course structure, subjects may be selected from three categories: major specialisation (category A), supporting studies (category B) and electives (category C). Category A subjects represent a specialised sequence of study of subjects taught by the Department of Management. This specialisation will then be followed throughout the second and third years of the course. For the area of specialisation (category A), students are required to choose between four and six second-year subjects, or subjects with a total credit value between 24 and 36 points.
Supporting studies (category B) subjects comprise subjects offered by the faculty's departments on the Clayton campus from areas other than category A. Supporting studies subjects might be accounting, finance, economics, marketing, business law, taxation or quantitative studies, any two of which may be from first-year subjects. Between two and four second-year subjects, or subjects with a credit value of between 12 and 24 points, must be selected from this category.
Elective subjects (category C) comprise subjects from other faculties or from a limited list of faculty subjects from other campuses and students may include up to two subjects, or subjects with a credit value of a maximum of 12 points, in this category. (Although each subject offered by the Faculty of Business and Economics (Clayton) has a points value of six, the points value of subjects taken from other faculties may vary, and where this occurs, students must complete the minimum number of points rather than the number of subjects recommended.) If desired, it is possible to substitute up to two first-year subjects for second-year subjects in this category, although students may only include a total of two first-year subjects to the value of 12 points in the second-year program overall.
In summary form, the structure of second year is:

· Major specialisation (category A): Four to six second-year-level subjects, to the value of 24 to 36 credit points from the Department of Management.
· Supporting studies (category B): Two to four second-year-level subjects, to the value of 12 to 24 points. Subject areas from accounting, finance, economics, marketing, business law, taxation or quantitative studies.
· Electives (category C): Up to two second-year-level subjects, to the value of a maximum of 12 points, in subject areas from those offered by other faculties or from a limited list of faculty subjects offered on other campuses.

In the case of supporting studies or electives, either category B or C, two first-year subjects to the value of 12 credit points can be substituted for two second-year subjects.
At any year level of the course, an absolute limit equal to the maximum number of category A subjects allowable at that year level is placed upon subjects selected from the following groupings of subjects within the faculty:

· Department of Accounting and Finance and Department of Business Law and Taxation subjects across all campuses.
· Department of Econometrics and Business Statistics subjects across all campuses.
· Department of Economics subjects across all campuses.
· Department of Management subjects and Department of Marketing subjects across all campuses.

Students must have their program of study approved by the course director or the course director's nominee.

Third year

For the area of specialisation (category A), students are required to choose between four and seven third-year subjects, or subjects with a total credit value between 24 and 42 points. One of these subjects must be MGC3110 (Strategic management).
Supporting studies (category B) subjects are to be chosen from third-year subjects offered on the Clayton campus by any department of the faculty, excluding the area of specialisation. Between one and four third-year subjects, or subjects with a credit value of between six and 24 points, must be selected from this category.
Elective subjects (category C) comprise subjects from other faculties or from a limited list of faculty subjects from other campuses and students may include up to two subjects, or subjects with a credit value of a maximum of 12 points, in this category. If desired, it is possible to substitute up to two second-year subjects for third-year subjects in this category, although students may only include a total of two second-year subjects to the value of 12 points in the third-year program overall.
In summary form, the structure of third year is:

· Major specialisation (category A): Four to seven third-year-level subjects, to the value of 24 to 42 credit points from the Department of Management. One of these must be MGC3110 (Strategic management).
· Supporting studies (category B): One to four third-year-level subjects, to the value of six to 24 points. Subject areas from accounting and finance, business law, taxation, economics, or quantitative studies.
· Electives (category C): Up to two third-year-level subjects, to the value of a maximum of 12 points, in subject areas from those offered by other faculties or from a limited list of faculty subjects offered on other campuses.

In the case of supporting studies or electives, either category B or C, two second-year subjects to the value of 12 credit points can be substituted for two third-year subjects.
The same absolute limit of subjects from the subject groupings listed for second year also applies to third year.
As in first and second year, students must have their program of study approved by the course director or the course director's nominee prior to commencement of the relevant year.