0171 - Postgraduate Diploma in Economics and Commerce
This course entry should be read in conjunction with information provided in the Faculty information section of this Handbook by the managing faculty for this course
Abbreviated title | PGradDipEc&Comm |
---|---|
CRICOS Code | 037840K |
Managing faculty | Business and Economics |
Study location and mode | On-campus (Clayton) |
Total credit points required | 48 |
Duration (years) | 1 year FT, 2 years PT |
Minimum grade for completion | 70 per cent |
Contact details | Faculty Research Office: telephone +61 3 9905 2483; email: research@buseco.monash.edu.au |
Course coordinator | Accounting - Dr George Tanewski Econometrics - Professor Don Poskitt Economics and Econometrics - Professor Don Poskitt Economics - Associate Professor He-Ling Shi Finance - Dr George Tanewski Finance and Econometrics - Dr George Tanewski Management - Professor Chris Nyland Marketing - Dr Jan Brace-Govan Taxation Law - Dr Bill Orow |
Description
Objectives
The learning goals associated with this course are to:
- extend disciplinary competence and develop an in depth knowledge if a specialist area in business and economics
- develop comprehensive skills to plan and undertake rigorous research
- develop technical and analytical skills and the ability to effectively communicate research findings
- develop research skills and potential in order to articulate to a higher degree by research.
Structure
The course structure has three main components:
- studies in research methods
- honours units from the student's area of specialisation (economics, econometrics, economics and econometrics, management, marketing)
- a research report.
Requirements
The degree requires completion of 48 points as follows:
Accounting specialisation
(a.) Semester 1
(i.) Two compulsory units (12 points):
(ii.) any two units (12 points) from the following:
- AFX4040 Issues in accounting information systems
- AFX4050 Issues in auditing and assurance
- AFX4070 Issues in financial accounting
- AFX4090 Issues in management accounting
or any one of the above four units and any one of the following three units:
(b.) Semester 2
(i.) research dissertation (18 points):
- AFX4018 Research dissertation
(ii.) one elective unit (6 points) from any honours unit offered by the Faculty of Business and Economics.
Students must have their enrolment approved by the head, or nominee of the Department of Accounting and Finance.
Econometrics specialisation
(a.) One core unit (12 points):
- ETC4860 Research paper
(b.) at least three units (18 points) from the following list:
- ETC4010 Reading unit
- ETC4400 Econometric theory
- ETC4410 Applied econometrics 2
- ETC4420 Microeconometrics
- ETC4430 Quantitative economic policy
- ETC4460 Financial econometrics 2
- ETC4480 Optimisation for management
- ETC4541 Special topics in econometrics
(c.) three honours units (18 points) subject to the following conditions:
- a maximum of two special honours units from the Department of Econometrics and Business Statistics (that is, a unit for which the first two digits of the code are '43') provided the third year level version of the unit has not been taken in previous years. It is strongly recommended that ETC4340 (Principles of econometrics) be included if the student has not previously passed ETC3400
- a maximum of three units from honours units offered by the Department of Economics or the School of Mathematical Sciences
- a maximum of two units from honours units offered by other Departments in the Faculty or University.
Students must have their enrolment approved by the head, or nominee of the Department of Econometrics and Business Statistics.
Economics specialisation
(a.) Three compulsory units (24 points):
(b.) four units (24 points) from the following list:
- ECC4670 Development economics
- ECC4690 International trade policy
- ECC4700 Competition, regulation and policy
- ECC4710 Post-Keynesian economics
- ECC4720 Law and economics
- ECC4790 Project evaluation
- ECC4810 Public economics
- ECC4830 Welfare economics
- ECC4840 Economics of industry, institution and organisation
- ECC4850 Mathematical economic theory
- ECC4870 Health economics
- ECC4990 Economic evaluation of health services
- ETC4430 Quantitative economic policy
Students can vary this list subject to the following conditions:
- a maximum of two honours units from the departments of Accounting and Finance, Business Law and Taxation, or Econometrics and Business Statistics. One of these units can be a special honours unit (that is, a unit for which the first two digits of the code are '43') provided the third year level version of the unit has not been taken in previous years
- a maximum of one special honours unit from the Department of Economics (that is, a unit for which the first two digits of the code are '43') provided the third-year level version of the unit has not been taken in previous years
- a maximum of one honours unit from another faculty where it is complementary to the honours program offered by the Department of Economics.
Students must have their enrolment approved by the head, or nominee of the Department of Economics.
Economics and econometrics specialisation
(a.) One core unit (12 points):
(b.) at least three units (18 points) from the following list:
- ECC4650 Microeconomics
- ECC4660 Macroeconomics
- ETC4410 Applied econometrics 2
- ETC4420 Microeconometrics
(c.) a further three units (18 points) from the following list:
- ECC4690 International trade policy
- ECC4700 Competition, regulation and policy
- ECC4710 Post-Keynesian economics
- ECC4720 Law and economics
- ECC4750 Financial economics
- ECC4790 Project evaluation
- ECC4810 Public economics
- ECC4830 Welfare economics
- ECC4840 Economics of industry, institution and organisation
- ECC4850 Mathematical economic theory
- ECC4870 Health economics
- ECC4990 Economic evaluation of health services
- ETC4400 Econometric theory
- ETC4430 Quantitative economic policy
- ETC4460 Financial econometrics 2
- ETC4480 Optimisation for management
- ETC4541 Special topics in econometrics
Additional requirements:
- students must complete at least three ECC units and two ETC units from sections (b) and (c)
- students can select one special honours unit taught by the Department of Econometrics and Business Statistics or the Department of Economics (that is, a unit for which the first two digits of the code are '43') provided the third year level version of the unit has not been taken in previous years.
Students must have their enrolment approved by the heads, or nominees of the departments of Economics, and Econometrics and Business Statistics.
Finance specialisation
(a.) Semester 1
(i.) Two compulsory units (12 points):
(ii.) two of the following units (12 points):
(b.) Semester 2
(i.) research dissertation (18 points)
- AFX4018 Research dissertation
(ii.) one honours unit (6 points) subject to the following conditions:
- any honours unit offered by the Faculty of Business and Economics.
Students must have their enrolment approved by the head, or nominee of the Department of Accounting and Finance
Finance and econometrics specialisation
(a.) Semester 1
(i.) Two finance units (12 points) from the following:
(ii.) two econometric units (12 points) from the following:
(b.) Semester 2
(i.) research project (12 points)
- AFX4012 Research project
(ii.) one compulsory unit (6 points)
- ETC4460 Financial econometrics 2
(iii.) one honours unit (6 points) subject to the following conditions:
- any honours unit offered by the Department of Accounting and Finance.
Students must have their enrolment approved by the heads, or nominees of the departments of Econometrics and Business Statistics, and Accounting and Finance.
Management specialisation
Five compulsory units (48 points):
- MGX4000 Introductory management research methods
- MGX4100 Perspectives and paradigms in management theory
- MGX4200 Data analysis for organisational research
- MGX4300 Contemporary issues in management
- MGX4400 Research thesis (24 points)
Students must have their enrolment approved by the head, or nominees of the Department of Management.
Marketing specialisation
Five compulsory units (48 points):
- MKX4050 Marketing theory
- MKX4060 Marketing research practice
- MKX4070 Qualitative methods: paradigms and approaches
- MKX4080 Quantitative research methods in marketing
- MKX4900 Independent research project (24 points)
Students must have their enrolment approved by the head, or nominees of the Department of Marketing.
Taxation law specialisation
Eight units (48 points) from the following list:
- BTF4200 Income and deductions
- BTF4210 Taxation of trusts and partnerships
- BTF4220 Taxation of companies and shareholders
- BTF4230 Taxation of capital gains
- BTF4240 Workplace taxation
- BTF4250 Business tax planning
- BTF4260 Tax administration and policy
- BTF4270 Superannuation and retirement benefits
- BTF4280 Taxation of international transactions
- BTF4290 Business transactions taxes
- BTF4310 Research project
Progression to further studies
Award(s) received on completion