Course code: 0180 + Course abbreviation: BAcc(Hons)
Course code: 0181* Course abbreviation: BCom(Hons)
Course code: 0024 + Course abbreviation: BEc(Hons)
A fourth-year honours specialisation is available to selected students who have completed one of the Bachelor of Accounting, Bachelor of Commerce or Bachelor of Economics courses at Monash University. Selected students who complete a double degree with either the Bachelor of Commerce or the Bachelor of Economics also may proceed to the honours degree.
* These degrees are currently under review. Please refer to relevant department.
Students must have completed the first three years of one of the Bachelor of Accounting, Commerce or Economics courses and obtained results judged to be of a sufficient standard by the head of the Department of Accounting and Finance to be invited to proceed to the fourth-year honours program. Students will normally have completed at least three units at third-year level chosen from AFC3120 (Advanced financial accounting), AFC3130 (Advanced management accounting), AFC3140 (Advanced business finance), AFC3160 (Auditing and systems), AFC3170 (Management of financial intermediaries), AFC3220 (International financial reporting), AFC3230 (Financial analysis and valuation), AFC3240 (International finance), AFC3340 (Options, financial futures and other derivatives) and AFC3440 (Pension and financial planning).
Students will be expected to have obtained an average of at least
65 per cent in the third-year units taught by the Department of
Accounting and Finance.
Students invited to undertake fourth-year honours in the Department of
Accounting and Finance must enrol for AFC4020 (Accounting and finance honours).
Such students must apply to, and have their enrolment approved by, the head of
the Department of Accounting and Finance or the head's nominee.
The course structure is under review, but currently comprises six seven- point
units and the issues seminar. Two units may be special units based on the
third-year units taught by the faculty, supplemented by additional reading and
research. These special units are listed among the third-year units and have a
unit code ending with the digit `4' (eg AFC3124 Advanced financial
accounting or BTC3154 Taxation law).
1. Three fourth-year-level units selected from:
In special
circumstances, the head of the department may approve as one of the three core
units a special unit.
2. Three units selected from:
It is strongly recommended that students with only an elementary background in statistics should include AFC4100 if they intend to do AFC4130, AFC4140 or AFC4170.
In special circumstances a student may be given permission to include up to two units from another faculty, where they are complementary to the honours program offered by the Department of Accounting and Finance. Such a student would need to have the appropriate prerequisites, and the head of the Department of Accounting and Finance would need to be satisfied that the unit contributed to a coherent program of study.
3. Compulsory seminar:
Students must have completed the first three years of either the Bachelor of Economics or the Bachelor of Commerce courses and obtained results judged to be of sufficient standard for permission to be given by the heads of the Departments of Accounting and Finance and Econometrics and Business Statistics to proceed to fourth-year honours.
Students invited to undertake fourth-year honours jointly in the Departments
of Accounting and Finance and Econometrics and Business Statistics must enrol
for AFC4040 (Accounting/econometrics honours). Such students must apply to, and
have their enrolment approved by, both heads.
The course comprises six seven-point units and the issues seminar. Three units
must be taken from each area of study except with the permission of the two
heads.
1. Three units selected from:
Only one special unit
may be counted as one of the three core units. These special units are listed
among the third-year units and have a unit code ending with the digit `4'
(eg AFC3124 Advanced financial accounting).
2. Three units selected from:
Only one
special unit may be counted as one of the three core units. These special units
are listed among the third-year units and have a unit code ending the digit
`4'.
3. Compulsory seminar:
Students wishing to undertake fourth-year honours in the Department of Business Law and Taxation are referred to the Bachelor of Business (Honours) in taxation offered by the department at Caulfield.
Students must have completed the first three years of the Bachelor of Economics, Bachelor of Commerce or Bachelor of Commerce (Business Statistics) courses and obtained results judged to be of satisfactory standard for permission to be given by the head of the Department of Econometrics and Business Statistics to proceed to the fourth-year honours unit. Students will be expected to have achieved an average grade of 65 per cent or above in the third-year honours program. Students who have not completed ETC3470 and who have obtained at least a credit standard in the appropriate third-year units, normally ETC3400 and ETC3410, may be considered for fourth-year honours in special circumstances. These students will be expected to complete additional work during either the long vacation or concurrently.
Students wishing to undertake fourth-year honours in the Department of
Econometrics and Business Statistics must enrol for ETC4020 (Econometrics
honours). Such students must apply to, and have their enrolment approved by,
the head of the Department of Econometrics and Business Statistics.
The course comprises six units and ETC4860 (Economics and commerce issues
seminar).
1. Three units from the following list, including at least one of ETC4400 or ETC4410:
Only one special unit
may be counted as one of the three core units. These special units are listed
among the third-year units and have a unit code ending with the digit `4'.
2. Three units selected from the preceding units or (with the approval of
the head of department) from honours units offered by the departments of
Accounting and Finance, Business Law and Taxation, Economics, Management,
Marketing and Mathematics.
Up to two units overall may be special units. In some circumstances, a student may be given permission to include as a unit a fourth-year unit from a department outside the faculty. Such a student would need to have the appropriate prerequisites and the head of the Department of Econometrics and Business Statistics would need to be satisfied that the units formed a coherent part of the proposed unit of study.
3. Compulsory seminar:
Students must have completed the first three years of either the Bachelor of Economics or Bachelor of Commerce courses and have obtained results judged to be of satisfactory standard for permission to be given by the head of Department of Economics to proceed to the fourth-year honours unit. Students will be expected to have achieved an average grade of 65 per cent or above in the third-year honours program. Students who wish to proceed to fourth year honours without having completed ECC3850 require the permission of the department head. If their undergraduate performance is judged to be of a sufficient standard to proceed to fourth year, they will be required to complete additional work during the long vacation in lieu of having completed the unit ECC3850 preceding their fourth year.
Students wishing to undertake fourth-year honours in the economics specialisation must enrol in ECC4020 (Economics honours), and have their enrolment approved by the head of the Department of Economics.
The course comprises six units plus the issues seminar as follows:
1. Two core units:
2. Four elective units selected from:
3. Compulsory seminar:
Students enrol in six units plus a policy seminar. Four units are
to be economic history units. The remaining two units may be selected from
other economic history units or from the departments of Accounting and Finance,
Business Law and Taxation, Econometrics and Business Statistics or
Economics.
1. Core unit:
2. Five units selected from:
3. Compulsory seminar:
Students wishing to undertake fourth-year honours jointly in economics and econometrics should enrol for ECC4040 (Economics/econometrics). Such students must have their enrolment approved by the heads of both departments.
The course comprises six units and the issues seminar:
1. Four units from the following list, two from
econometrics. These must include one of ECC4650 Microeconomics or ECC4660
Macroeconomics, and one of ETC4400 Econometric theory or ETC4410 Applied
econometrics.
The other two elective units must be selected from the following:
2. Two units:
3. Compulsory seminar:
Students must have completed the first three years of the Bachelor of Commerce or Bachelor of Economics courses and obtained results judged to be of satisfactory standard for permission to be given by the head of Department of Management to proceed to the fourth-year honours unit. Students will be expected to have achieved an average grade of 65 per cent or above in the third-year program. Students who wish to enrol in the honours program will be required to have completed MGC3600 (Management pre-honours) during their third year of study, or to undertake additional work over the vacation period prior to entering the fourth-year honours course. It is also recommended that students should have completed MGC3650 (Management research methods pre-honours).
The honours year comprises both coursework and a thesis project. Teaching
methods will vary according to the specific aims of the course components.
Units aimed at developing research methodology skills will contain a
combination of lectures designed to develop an understanding of critical issues
in research methodology, and workshops designed to train students in research
skills and techniques. Analytic/theoretical units will be based upon seminars
organised around classical and contemporary contributions to theory in the
field, and will focus on the relationship between conceptual/theoretical
frameworks and research practice. The thesis component will comprise individual
supervision.
Assessment will include written assignments, examinations, class presentations
and a thesis. Details are available from the Department of Management. Students
must enrol in MGC4020 (Management honours) and have their enrolment approved by
the head of the Department of Management. The course comprises four units plus
a thesis.
1. Three core units:
2. The management thesis:
3. One unit from the following:
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