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0181 - Honours degree of Bachelor of 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 titleBCom(Hons)
CRICOS Code030502G
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required48
Duration (years)1 year FT, 2 years PT
Contact detailsTelephone +61 3 9905 2327; email: enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This program enables students to build on their undergraduate major and extend their knowledge and skills in one or more specialised areas. Some programs contain a mix of advanced theory, research training and research and some programs require students to complete successfully both coursework and a research project.

Entry requirements

Applicants must have completed a bachelor degree, with a major in the related discipline offered by the Faculty of Business and Economics or an equivalent qualification from another university; and normally have achieved an average equivalent to at least 70 per cent in relevant second and third-year units.

Accounting specialisation

Applicants must be able to demonstrate that they possess the motivation and academic skills required to complete successfully a program that comprises research training; research; and specific discipline units that cover topics in advanced theory. These skills include the ability to understand and discuss articles published in learned journals; to compose a high quality 18,000 word research paper; and a level of achievement in prior mathematical studies appropriate to their discipline.

Econometrics specialisation

Applicants should normally have completed at least three third-year econometrics units including:

Other appropriate third-year units are:

  • ETC3450 Time series analysis for business and economics
  • ETC3460 Financial econometrics
  • ETC3500 Survey data analysis
  • ETC3510 Modelling in finance and insurance
  • ETC3490 Business simulation

Economics specialisation

Applicants should have completed at least four third-year economics units.

Economics and econometrics specialisation

(a.) Applicants should have completed at least two third-year economics units.

(b) Applicants should have completed at least two third-year econometrics units including:

Other appropriate third-year units are:

  • ETC3400 Principles of econometrics
  • ETC3450 Time series analysis for business and economics
  • ETC3460 Financial econometrics
  • ETC3500 Survey data analysis
  • ETC3510 Modelling in finance and insurance
  • ETC3490 Business simulation

Finance specialisation

Applicants must be able to demonstrate that they possess the motivation and academic skills required to complete successfully a program that comprises research training; research; and specific discipline units that cover topics in advanced theory. These skills include the ability to understand and discuss articles published in learned journals; to compose a high quality 18,000 word research paper; and a level of achievement in prior mathematical studies appropriate to their discipline.

Finance and econometrics specialisation

(a.) Applicants must be able to demonstrate that they possess the motivation and academic skills required to complete successfully a program that comprises research training; research; and specific discipline units that cover topics in advanced theory. These skills include the ability to understand and discuss articles published in learned journals; to compose a high quality 12,000 word research paper; and a level of achievement in prior mathematical studies appropriate to their discipline.

(b.) Applicants should have completed at least three third-year finance units.

(c.) Applicants should normally have completed at least three third-year econometrics units including ETC3400 Principles of econometrics and ECC3410/ETC3410 Applied econometrics. Other appropriate third-year units are:

  • ETC3450 Time series analysis for business and economics
  • ETC3460 Financial econometrics
  • ETC3500 Survey data analysis
  • ETC3510 Modelling in finance and insurance
  • ETC3490 Business simulation

(d.) Applicants should have completed ETC3470 Econometrics pre-honours.

Structure

The course structure may contain up to three main components:

  • studies in research methods
  • honours units from your area of specialisation
  • 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):

(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):

(b.) at least three units (18 points) from the following list:

(c.) a further 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 outside the faculty (apart from the School of Mathematics, from which three honours units can be taken).

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.) a maximum of four units (24 points) from the following list:

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.) three units (18 points) from the following list:

(c.) further three units (18 points) from the following list, subject to the condition that student complete a total three ECC units and two ETC units in (b.) and (c.):

Students can vary this list subject to the following conditions:

  • a maximum of one special honours unit taught by the Department of Economics or 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.

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)

(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)

(ii.) one compulsory unit (6 points)

(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 Data analysis for organisational research
  • MGX4200 Perspectives and paradigms in management theory
  • 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 Data 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.

Award(s) received on completion

The honours degree of Bachelor of Commerce

 

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