Course
code: 1714 · Course director: To be advised
The Bachelor of Business degree provides an opportunity for both school-leavers
and those already in employment to undertake tertiary studies in a business
course that is flexible and adaptable.
The course is vocationally oriented. It aims to equip graduates for employment
in a wide range of occupations in industry and commerce, small business,
professional accounting, insurance, banking and finance, managing human
resources, teaching, and in government and semi-government enterprises.
Subject to completion of the appropriate subjects of study, graduates of the
Bachelor of Business degree satisfy the academic requirements for membership
of:
Satisfactory completion of the VCE with a study score of at least 25 in English units 3 and 4, plus any two units from General Mathematics and Mathematical Methods at units 1 and 2 level.
Applicants may also satisfy entrance requirements on the basis of qualifications deemed to be the equivalent of the above VCE. TAFE qualifications (eg the first year of a TAFE advanced diploma or a TAFE qualification that satisfies the first year of a TAFE advanced diploma) or comparable Year 12 qualifications, including International Baccalaureate or approved tertiary-level study completed in Victoria, other states of Australia or overseas, may satisfy entry requirements.
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 (03) 9905 1320.
It is strongly recommended that students have access to a personal computer. (Note that the School of Business and Electronic Commerce operates in an IBM-compatible Windows environment.) It is also recommended that students have access to a modem to facilitate email communication with teaching staff.
The Higher Education Contribution Scheme (HECS) requires contributions to be made by students towards the cost of their higher education studies commenced after 1 January 1989. The amount to be contributed depends on the study load (subjects) undertaken each semester, and is payable whether or not a pass in each subject is achieved. An additional fee will also apply for amenities and library services. More detailed information relating to HECS can be obtained from the Student Administration Office, Monash University, Gippsland campus, Churchill, Victoria 3842.
Credits and exemptions may be considered for previous tertiary-level study or post-secondary study (including TAFE) in Australia and overseas. Each application is assessed on a case-by-case basis. It is essential that subjects submitted for credit and exemption fit the philosophy and principles of this degree course of study. Subjects studied more than 10 years ago are regarded as beyond a reasonable time limit and will not be considered for credit/exemption.
The
Bachelor of Business degree is awarded on completion of 24 semester-length
subjects taken over three years full-time (on-campus) or six years part-time
study (by distance education) based on the following requirements:
(a) A candidate must complete 24 semester subjects.
(b) A candidate must complete the following seven 'core' subjects:
(c) A
candidate must complete one major study of at least six semester subjects
chosen from accounting, economics, management, marketing, and tourism
management and two submajors of at least four semester subjects chosen from the
above disciplines and computing and law; or a candidate must complete two
majors of at least six semester subjects chosen from accounting, economics,
management, marketing and tourism management.
(d) A candidate may include up to six semester subjects offered at degree
level by other disciplines or academic units within Monash University, provided
they are of equivalent academic standing.
Major and submajor studies are available in accounting, economics, management, marketing and tourism management with submajor studies offered in computing and law.
A student may not enrol in any subject for which prerequisite subjects have not been successfully completed.
Students should carefully select their program of studies. Advice on course planning is available from the student advisers. This guidance will extend to counselling concerned with meeting the requirements for membership of professional bodies.
The
course includes an accounting major with a minimum of six subjects. Additional
accounting subjects are also provided for students who wish to satisfy the
tertiary requirement for admission to the qualifying studies of the
professional accounting bodies.
The following accounting subjects are available to students undertaking the
Bachelor of Business degree:
_ TO MAJOR
IN ACCOUNTING, THE FIRST TWO SUBJECTS ARE COMPULSORY.
Successful completion of the required subjects will satisfy the tertiary
requirements for admission as an Associate of the Australian Society of
Certified Practising Accountants (ASCPA). To achieve CPA status, graduates
would need to complete the society's CPA program and satisfy an experience
requirement.
Graduates who take these required subjects also satisfy the tertiary
requirements for admission to The Institute of Chartered Accountants.
Membership may be applied for following successful completion of the
institute's Professional Year program and an experience requirement.
For associate membership:
plus one
sequence of the following group of subjects:
(i) Professional accounting and entry to CPA program. Students who
complete this stream will be eligible to enter the CPA program.
(ii) Finance. Students who complete this stream must complete the above three subjects listed under (i), specified by the ASCPA to satisfy entry to the CPA program.
(iii) Information technology. Students who complete this stream must complete the above three subjects listed under (i), as specified by the ASCPA to satisfy entry to the CPA program.
Tertiary requirements for admission:
Two vocational streams are available. One is the strategic management stream and the other is the employment relations stream. To complete the major, a student is required to satisfactorily complete six of the following subjects.
To satisfy academic requirements for professional
membership of the Australian Human Resources Institute (AHRI), students are
recommended to complete all subjects offered in the employment relations stream
as well as BTG3241 (Employment law) and ECG3141 (Labour economics).
Students completing a submajor in management are required to complete two
compulsory subjects, MGG1302 (Management theory and functions) and MGG1303
(Organisational behaviour), plus two of the other subjects listed above.
Students who plan a management major will find it useful to undertake studies
in law, economics and accounting, while subjects such as organisational
psychology and politics may well be complementary.
Students undertaking the strategic management stream should consider
application for membership of the Australian Institute of Management.
Students enrolling in the Bachelor of Business degree may elect to complete a major of at least six subjects of economics, or may select fewer economics subjects as electives to support their chosen majors. Subjects available are:
Students enrolling in economics for the first time will normally take ECG1101 (Introduction to economics) in first semester and ECG1102 (Macroeconomics) in second semester of their first year, and ECG2120 (Microeconomics) in first semester of second year. After passing these subjects, they will then normally progress to a selection of upper-level subjects, although students are encouraged to complete ECG2121 (International trade and finance) in second semester of second year.
To complete the major in marketing, a student would be required to satisfy the examiners in six of the following subjects or to complete a submajor in four of the following subjects:
* COMPULSORY
SUBJECTS FOR MAJOR.
_ COMPULSORY SUBJECTS FOR SUBMAJOR.
The Bachelor of Business with a major in marketing may satisfy the requirements
for affiliate membership to the Australian Marketing Institute.
The
major in tourism management commences with a broad overview of the industry and
progresses to a more detailed examination of tourism business operations
management. The advanced-level subjects are concerned with destination
management and project development. With the compulsory core subjects, and
appropriate choices in other major or submajor streams, graduates with a
tourism management major will be well prepared to enter a management career
path in public or private tourism-related activities, or for successful
operation of their own tourism business.
The major stream in tourism management comprises six compulsory subjects as
follows:
To complete a submajor in tourism management, students will need to complete four of the above subjects.
Law is offered as a submajor in the Bachelor of Business degree. All students must complete BTG1201 (Introduction to business law). The following additional subjects should be taken for professional studies in accounting:
Students majoring in other areas may wish to take a law submajor or a number of law subjects which will support their area of major study. In addition to the four subjects mentioned above, a number of optional subjects are available to on-campus and distance education students. Availability depends on the other commitments of the members of staff and the number of students opting for a subject. Subject to that, the following subjects will be available as options:
In addition to supporting areas of major studies, the law component in the business degree is designed to acquaint students with the legal problems they might encounter in their careers, and to equip accountancy students for professional practice.
Business computing is offered as a submajor in the Bachelor of Business degree, and may be used to gain advanced status as a member of the Australian Society of Certified Practising Accountants. The subjects available in the computing submajor are:
Students wishing to satisfy the academic requirements of the Australian Institute of Banking and Finance for admittance to senior associate status must complete the following professionally accredited subjects:
In addition, although the above subjects satisfy professional entry requirements, the Australian Institute of Banking and Finance recommends the following specialised stream:
School-leavers (VCE) and applicants with comparable Victorian, interstate or overseas Year 12 or tertiary qualifications should apply through the Victorian Tertiary Admissions Centre (VTAC) by contacting the VTAC 1900 Telecom service.
Applicants
for admission to the Bachelor of Business by distance education are required to
meet the normal entry requirements given above and must also detail in their
application those factors which would enable them to study successfully in a
distance education mode.
Application forms are available from the Course Inquiries Centre by telephoning
1800 671 845. Applications for study by distance education should be
returned by 20 September each year and must include certified documentary
evidence of entry qualifications.
Information on this course may be obtained by contacting the School of Business and Electronic Commerce, telephone (03) 9902 6380 or (03) 5122 6380. For more specific details on the course, contact the student advisers, telephone (03) 9902 6642 or (03) 51 226 642.