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Faculty of Business and Economic Undergraduate Courses

1834 - Diploma of Business

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 titleDipBus
Managing facultyBusiness and Economics
Intake restrictionsThis course is not available to international student visa holders.
Study location and modeOff-campus (Gippsland)
Total credit points required48
Duration (years)2 years PT
Contact detailsTelephone +61 3 9902 6380; email: enquiries.gippsland@buseco.monash.edu.au
Course coordinatorMs Wendy Webber

Description

This course provides a pathway to tertiary education for supervisory and administrative personnel whose knowledge is largely self-developed. It is designed to provide a broad knowledge base in business and develop in students the management skills to recognise and implement improvement opportunities within organisations.

Objectives

The learning goals of this course are to:

  • develop fundamental knowledge of general principles and applications of a selected range of business and commerce disciplines
  • develop technical knowledge, analytical skills and evaluative capabilities that are appropriate to chosen areas of study and ability to apply expertise to problem solving in discipline-based contexts
  • develop an introductory capacity for critical thinking and articulate reasoning exhibited through effective written and oral forms of communication
  • develop an introductory capacity to integrate and synthesise knowledge from different disciplines to innovative applications in business settings, with a demonstrated awareness of ethical and social responsibility
  • develop fundamental skills in interpersonal communication and cultural awareness in a global business environment.

Structure

The course structure has two components:

  • a set of core units which provide an introduction to the key areas of business study
  • three open electives.

Requirements

The degree requires completion of eight units (48 points), this includes five core units and three electives.

The following sequence is recommended:

Year 1

First semester

  • AFW1004 Accounting and finance concepts
  • MGW1010 Introduction to management

Second semester

  • MGW1100 Managerial communication
  • elective 1

Year 2

First semester

  • MKW1120 Marketing theory and practice
  • MGW2430 Human resource management

Second semester

  • elective 2
  • elective 3

Electives must be drawn from units offered within the Bachelor of Business and Commerce. Note that prerequisites may apply.

Progression to further studies

Students who successfully complete the Diploma of Business may be eligible for admission to the Bachelor of Business and Commerce.

Award(s) received on completion

Diploma of Business

3813 - Associate Degree in Business 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 titleAssocDegBusCom
CRICOS Code050065B
Managing facultyBusiness and Economics
Study location and modeOff-campus (Gippsland)
On-campus (Gippsland)
Total credit points required96
Duration (years)2 years FT, 4 years PT
Contact detailsTelephone + 61 3 9902 6380 or +61 3 5122 6380; Email enquiries.gippsland@buseco.monash.edu.au
Course coordinatorProfessor Robert Brooks

Description

The course provides a tertiary education for people interested in fast-track career progression in business. It is designed to provide either a detailed knowledge in a single field of business and commerce or broad fundamental knowledge of general principles and applications of business and commerce in two chosen fields of study.

Objectives

The learning goals of this course are to develop :

  • fundamental knowledge of general principles and applications of a core range of business and commerce disciplines
  • technical knowledge, analytical skills and evaluative capabilities that are appropriate to chosen major areas of study and ability to apply expertise to problem solving in discipline-based contexts
  • capacity for critical thinking and articulate reasoning exhibited through effective written and oral forms of communication
  • capacity to integrate and synthesise knowledge from different disciplines to innovative applications in business settings, with a demonstrated awareness of ethical and social responsibility
  • skills in interpersonal communication and cultural awareness in a global business environment.

Structure

The course structure has two main components:

  • a set of core units which provide an introduction to the key areas of business study
  • further studies from Faculty of Business and Economics units available on your campus of enrolment. These studies must form either a major or two sub-majors.

Requirements

The degree requires completion* of 16 units (96 points) over a maximum of eight years as follows:

(a.) four compulsory common core units (24 points) from:

(b.) eight units (48 points) from the Faculty of Business and Economics as follows:**

(i.) Option 1:

  • a major of at least eight units (48 points) in a discipline from the faculty with at least two units (12 points) at each of second and third-year level

(ii.) Option 2:

  • completion of two sub-majors of at least four units each (24 points) in disciplines from the faculty

** Depending on the major chosen, one of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete an additional unit.

(c.) a further four units (24 points) subject to the following conditions:

  • an option to include a maximum of four units (24 points) in disciplines taught by other faculties.

Additional requirements:

  • a maximum of eight first-year-level units (48 points)
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

* If you have failed a unit and this is having an adverse effect on your ability to meet the standard progression, contact the faculty office on your campus for advice.

Units required for specified majors

Accounting (part-time only)**

The following eight units:

  • AFW1002 Introduction to financial accounting
  • AFW2020 Cost information for decision making
  • AFW2491 Company reporting
  • AFW2631 Financial management
  • AFW2851 Accounting information systems and financial modelling
  • AFW3021 Performance measurement and control
  • AFW3040 Accounting theory
  • AFW3050 Financial accounting issues

** Additional units required for professional accreditation: BTW2220 (Corporations law and trust) and ECW1102 (Introductory macroeconomics).

Economics

(a.) the following three units:

(b.) five of the following units:

  • ECW2141 Economics of labour markets
  • ECW3121 Economics of international trade and finance
  • ECW3143 Economics of money and banking
  • ECW3146 Regional development and policy
  • ECW3830 Competition and regulation
  • ECX2123 Economics of innovation and high technology

Human resource management

(a.) the following two units:

(b.) six of the following units:

  • BTW3241 Employment law
  • ECW2141 Economics of labour markets
  • MGW2230 Organisational behaviour
  • MGW2322 Recruitment and selection
  • MGW2323 Employment relations
  • MGW3130 Organisational change and development
  • MGW3430 International human resource management

Management

(a.) The following three units:

(b.) A further five units (30 points) offered by the Department of Management on your home campus subject to the following condition:

  • a maximum of two units (12 points) may be taken from units offered in the tourism major

Marketing

(a.) the following seven units:

  • MKW1120 Marketing theory and practice
  • MKW2402 Consumer behaviour
  • MKW2420 Marketing research methods
  • MKW2460 Integrated marketing communication
  • MKW3121 Marketing planning and implementation
  • MKW3440 Marketing strategy
  • MKW3444 International marketing

(b.) one further unit from units offered by the Department of Marketing.

Award(s) received on completion

Associate Degree in Business and Commerce

0169 - Bachelor of Accounting

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 titleBAcc
Managing facultyBusiness and Economics
Intake restrictionsThis course is not available to international student visa holders.
Study location and modeOn-campus (Clayton)
Total credit points required144
Duration (years)3 years FT
Contact detailsTelephone +61 3 9905 8130; email: enquiries.clayton@buseco.monash.edu.au
Course coordinatorMr Kim Wyatt

Description

The Bachelor of Accounting is a specialist degree, based on a co-operative education scheme with scholarships sponsored by industry. The outstanding feature of the course is three periods of structured industry-based learning. Students selected to undertake the degree are awarded a scholarship of $8000 (or the equivalent in paid work experience) per annum for each of the three years of the course. The scholarships are provided by industry sponsors, who play an important role in the industry-based learning periods. During the industry-based learning periods, students will work in corporate settings and complete specified projects determined jointly by academics and sponsors.

Objectives

The learning goals of the course are to:

  • experience an academic program integrated with industry-based learning periods that reinforces theoretical concepts in a practical work environment
  • develop interpersonal skills and group problem-solving techniques in a practical work environment
  • develop effective communication skills through the preparation of projects and industry-based learning reports
  • develop personal attributes and skills at the workplace that are consistent with sponsor expectations
  • develop a capacity for independent critical analysis and a desire for future learning through examination of the latest ideas and research in accounting from Australia and overseas.

Structure

The course structure has three main components:

  • a set of 15 units which provide an introduction to the key areas of commerce and satisfy the educational requirements of the three professional accounting bodies in Australia
  • three industry-based learning units
  • five open electives which if taken in the finance field can form a finance major.

Requirements

(a.) Students must complete 15 compulsory units (90 points):

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance
  • BTC1110 Business law
  • BTC2210 Australian company law
  • BTC3150 Taxation law
  • ECC1000 Principles of microeconomics
  • ECC1100 Principles of macroeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management

(b.) Students must complete three industry-based learning units (24 points):

  • AFC2050 Industry-based learning component 1
  • AFC2051 Industry-based learning component 2
  • AFC3051 Industry-based learning component 3

(c.) Students must complete a further five electives (30 points) subject to the following condition:

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year level units (60 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty in the Bachelor of Commerce at the Clayton campus
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Professional recognition

This degree with relevant units is recognised by the following legal entities:

  • Australian Securities and Investments Commission
  • Financial Services Institute of Australasia
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Accounting

1807 - Bachelor of Arts/Bachelor of Business 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 titleBA/BBusCom
CRICOS Code041537E
Managing facultyBusiness and Economics
Study location and mode

On-campus (Gippsland)
Off-campus (Gippsland)

Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsTelephone +61 3 9902 6380 or +61 35122 6380; email: enquiries.gippsland@buseco.monash.edu.au
Course coordinatorProfessor Robert Brooks

Description

This double-degree course is designed to provide maximum flexibility and to allow depth and breadth in the study of the major business, commerce and humanities discipline areas. Its structure provides the capacity to tailor applications and focus in different contexts and different environments while ensuring knowledge of the theory, principles and core elements in the relevant discipline areas.

Objectives

Refer to the Bachelor of Arts single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/0002.html and Bachelor of Business and Commerce single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/2224.html.

Structure

The course structure has four main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major from the Faculty of Business and Economics (this major must be selected from majors available on the student's campus of enrolment and all units taken as part of this major must be from the student's campus of enrolment)
  • an Arts major
  • an Arts minor.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the Faculty of Business and Economics in the Bachelor of Business and Commerce at the student's campus of enrolment as follows:*

(i.) six compulsory common core units (36 points):

(ii.) a major of eight units (48 points)

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

(iii.) additional units from the faculty in the Bachelor of Business and Commerce the student's campus of enrolment to reach the required 16 units

Additional Bachelor of Business and Commerce requirements:

  • a minimum of four units (24 points) at third-year level from those offered by the campus delivering this program.

(b.) 16 units (96 points) from the Faculty of Arts as follows:

(i.) a major of eight units (48 points)

(ii.) a minor of four units (24 points)

(iii.) an additional first-year sequence of two units (12 points) in an Arts discipline

(iv.) any two units (12 points) taken from the Faculty of Arts.

Additional degree requirements:

  • a maximum of 14 first-year-level units (84 points)
  • a minimum of six units (36 points) at each of second and third-year level.
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

* Students who have failed a unit and for whom this has had an adverse effect on their ability to meet the standard progression, should contact the faculty office on their campus for advice.

Units required for specified majors

Accounting*

The following eight units:

  • AFW1002 Introduction to financial accounting
  • AFW2020 Cost information for decision making
  • AFW2491 Company reporting
  • AFW2631 Financial management
  • AFW2851 Accounting information systems and financial modelling
  • AFW3021 Performance measurement and control
  • AFW3040 Accounting theory
  • AFW3050 Financial accounting issues

* The following units are required for professional accreditation:

  • BTW2220 Corporations law and trust
  • ECW1102 Introductory macroeconomics

Business law*

The following eight units:

* Available to students studying this course in off-campus learning mode only.

Economics

(a.) The following four units:

(b.) four of the following units:

  • ECW2141 Economics of labour markets
  • ECW3121 Economics of international trade and finance
  • ECW3143 Economics of money and banking
  • ECW3830 Competition and regulation
  • ECX2123 Economics of innovation and high technology

Human resource management

(a.) The following two units:

(b.) six of the following units:

  • BTW3241 Employment law
  • ECW2141 Economics of labour markets
  • MGW2230 Organisational behaviour
  • MGW2322 Recruitment and selection
  • MGW2323 Employment relations
  • MGW3130 Organisational change and development
  • MGW3430 International human resource management

Management

(a.) The following three units:

(b.) a further five units (30 points) offered by the Department of Management on the student's home campus subject to the following condition:

  • a maximum of two units (12 points) may be taken from units offered in the tourism major

Marketing

(a.) The following seven units:

  • MKW1120 Marketing theory and practice
  • MKW2402 Consumer behaviour
  • MKW2420 Marketing research methods
  • MKW2460 Integrated marketing communication
  • MKW3121 Marketing planning and implementation
  • MKW3440 Marketing strategy
  • MKW3444 International marketing

(b.) one further unit offered by the Department of Marketing on the student's home campus or BTW3281 Marketing law

Professional recognition

This double degree is recognised by the following legal entities:

  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investment Commission
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Arts

Bachelor of Business and Commerce

0542 - Bachelor of Arts and 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 titleBA/BCom
CRICOS Code059118K
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsTelephone +61 3 9905 2327; Email enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This double-degree program provides a professional education in a range of commerce disciplines, with a strong emphasis on developing analytical skills. It enables students to include in their studies a range of social science and humanities disciplines.

Objectives

Refer to the Bachelor of Arts single degree entry at www.monash.edu.au/pubs/handbooks/courses/0002.html and Bachelor of Commerce single degree entry at www.monash.edu.au/pubs/handbooks/courses/0179.html.

Structure

The course structure has four main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major from the Faculty of Business and Economics (all units taken as part of this major must be from the student's campus of enrolment)
  • a major from the Faculty of Arts
  • a minor from the Faculty of Arts.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the Faculty of Business and Economics in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points)

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) at least two units from the following list (12 points)

  • AFC1030 Introduction to financial accounting, or AFC2140 Corporate finance
  • ECC1100 Principles of macroeconomics
  • ETC1010 Data modelling and computing
  • MGC1020 Organisations: contexts and strategies

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units

Additional Bachelor of Commerce degree requirements:

  • a maximum of eight first-year level units (48 points)
  • a minimum of four third-year level units (24 points) from those offered by the faculty at the Clayton campus.
  • in addition to specific unit prerequisites, third-year level units require the successful completion of two second-year level units and second-year level units require the successful completion of four first-year level units

(b.) 16 units (96 points) from the Faculty of Arts as follows:

(i.) a major of eight units (48 points)

(ii.) a minor of four units (24 points)

(iii.) an additional first-year arts sequence (12 points)

(iv.) a further two units (12 points) from the Faculty of Arts

Additional Bachelor of Arts degree requirements:

  • a maximum of six first-year level units (36 points).

Units required for specified majors

Cross-discipline majors

Accounting and Finance

(a.) the following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing

Business modelling

(a.) the following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ECC2410/ETC2410/ETC3440 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications

Competition, regulation and public policy

(a.) two units from the following list:

(b.) six units from the following list:

Finance

(a.) the following three units:

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) six units from the following list :

  • MGC1010 Introduction to management
  • MGC1020 Organisations: contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations, or MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development, or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) the following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing

International commerce

(a.) the following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.) six units from the following list:

Labour and employment

(a.) the following six units

(b.) two units from the following list:

Sustainability

(a.) two units from the following list:

(b.) the following two units:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • MGC2950 Systems thinking for sustainability: a policy perspective

(c.) four units from the following list:

  • BTC3100 Sustainability and the law
  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • GES2010/GES3010 Global environmental management
  • GES2340/GES3340 Cities and sustainability
  • GES2660 Power and poverty geography of uneven global development
  • GES3220 Tourism and sustainability
  • GES3250 Environmental assessment and decision making
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • MKX2531 Not for profit marketing

Discipline Majors

Accounting

(a.) the following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance

Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units).

Professional recognition

This degree with relevant units is recognised by the following legal entities:

  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investments Commission
  • The Institute of Securities Finance and Banking
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Arts

Bachelor of Commerce

4403 - Bachelor of Arts (Global) and 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 titleBA (Global)/BCom
CRICOS Code064469M
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsFaculty Office: telephone +61 9905 2327; email: enquires.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

Provides a professional education in a range of commerce and business disciplines, with a strong emphasis on developing analytical skills, and enables students to include an international element to arts studies by providing core units in international and global studies, and the opportunity for students to study overseas.

Objectives

The learning goals of this course are to:

  • foster an intellectual and cultural curiosity as a preparation for lifelong learning
  • develop an understanding of the key issues facing the Australian and international economy, and the role of business and government in improving the welfare of our societies
  • develop general analytical and technical skills in the faculty disciplines of economic analysis, quantitative and computer methods, accounting and finance, management, marketing, and business law
  • develop specialised analytical and technical skills in one or more of the disciplines taught within the faculty to assist with problem solving in their future careers in business, the public sector and the professions
  • develop effective oral, written and interpersonal communication skills
  • develop a capacity for independent critical analysis through examination of the latest ideas and research from Australia and overseas.

Structure

The course structure has the following components:

  • an international studies major
  • compulsory global studies units
  • international study experience
  • a set of eight foundation units which provide an introduction to the key areas of commerce
  • a major from the list of Faculty of Business and Economics majors below.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the Faculty of Business and Economics in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points)

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) at least two units from the following list (12 points)

  • AFC1030 Introduction to financial accounting, or AFC2140 Corporate finance
  • ECC1100 Principles of macroeconomics
  • ETC1010 Data modelling and computing
  • MGC1020 Organisations: contexts and strategies

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete an additional unit as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units

Additional Bachelor of Commerce degree requirements:

  • a maximum of eight first-year level units (48 points)
  • a minimum of four third-year-level units (24 points) from those offered by the faculty at the Clayton campus
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

(b.) 16 units (96 points) from the Faculty of Arts as follows:

(i.) two core units (12 points) in global studies:

(ii.) an international studies major of eight units (48 points)

(iii.) an arts minor of four units (24 points)

(iv.) an additional first-year arts sequence (12 points)

(v.) a minimum of one and a maximum of three semester(s) abroad at another Monash campus or designated overseas university (ie exchange partner).

Additional Bachelor of Arts degree requirements:

  • a maximum of six first-year level units (36 points).

Units required for specified majors

Cross-discipline majors

Accounting and Finance

(a.) the following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing

Business modelling

(a.) the following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ETC2410/ETC3440/ECC2410 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications

Competition, regulation and public policy

(a.) two units from the following list:

(b.) six units from the following list:

Finance

(a.) the following three units

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) six units from the following list :

  • MGC1010 Introduction to management
  • MGC1020 Organisations: contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations, or MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development, or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) the following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing

International commerce

(a.) the following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.) six units from the following list:

Labour and employment

(a.) the following six units

(b.) two units from the following list:

Sustainability

(a.) two units from the following list:

  • BTC3100 Sustainability and the law
  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • GES2010/GES3010 Global environmental management
  • GES2340/GES3340 Cities and sustainability
  • GES2660 Power and poverty geography of uneven global development
  • GES3220 Tourism and sustainability
  • GES3250 Environmental assessment and decision making
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • MKX2531 Not for profit marketing

Discipline Majors

Accounting

(a.) the following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance

Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units).

Professional recognition

This degree with relevant units is recognised by the following legal entities:

  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investments Commission
  • Financial Services Institute of Australasia
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Commerce

Bachelor of Arts (Global)

3804 - Bachelor of Biomedical Science and Bachelor of Economics

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 titleBBiomedSc/BEc
CRICOS Code047819B
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsTelephone 03 9905 2327; email: enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This double degree provides a professional education in the disciplines of biomedical science and economics, with a strong emphasis in developing skills as health economists in the health services industry.

Objectives

Refer to both the Bachelor of Biomedical Science single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/2230.html and Bachelor of Economics single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0023.html.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business
  • a major in economics. All units taken as part of this major must be from your campus of enrolment
  • a major in biomedical science.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years as follows:

(a.) sixteen units (96 points) from the faculty in the Bachelor of Economics at the Clayton campus as follows:

(i.) six core units (36 points):

(ii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, some units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional units as detailed below.

(iii.) additional units from the Faculty of Business and Economics at the Clayton campus to reach the required minimum of 16 units

Additional degree requirements:

  • a maximum of eight first-year level units (60 points)
  • a minimum of four third-year level units (36 points) from those offered by the faculty at the Clayton campus
  • in addition to specific unit prerequisites, second -year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units

(b.) 16 units (96 points) from the Faculty of Medicine, Nursing and Health Sciences as follows:

(i.) year 1 - four compulsory units (24 points):

(ii.) year 2 - four compulsory units (24 points):

(iii.) year 3 - four compulsory units (24 points):

(iv.) year 4 - two compulsory units

  • BMS3021 Molecular medicine and biotechnology
  • BMS3042 Biomedical basis of disease 2
  • and two elective units (24 points)
  • two third-year units from the area of biomedical science (generally these are units with the prefixes ANT, BCH, BME, BMS, BND, BNS, CEL, DEV, GEN, HUP, IMM, MIC, PHA and PHY).

Units required for specified majors

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

* It is recommended that students in this double degree include the unit ECC2700 (Economic issues in health and health care) in their major.

Award(s) received on completion

Bachelor of Economics

Bachelor of Biomedical Science

3806 - Bachelor of Business

NOTE: This course has been updated - please refer to the undergraduate handbook change register for details.

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 titleBBus
CRICOS Code056414D
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9902 6011, fax +61 3 9903 2955; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

The course is designed to provide graduates with high-level skills in a range of key business disciplines. It blends a conceptual theoretical framework with practical applications and covers basic discipline material through to more specialised requirements in the selected discipline. Graduates will be well equipped to seek employment in both private and public-sector enterprises.

Objectives

The learning goals of this course are to:

  • take a structured approach to business data analysis, problem solving and decision making
  • apply relevant theory, tools and techniques to solving problems in a dynamic business environment
  • carry out an organisation's specific projects and recommend responses to issues and opportunities that may impact on an organisation's performance;
  • operate effectively in a multidisciplinary business environment while providing specialist advice from a business perspective
  • approach business issues in a professional and socially responsible manner.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major from the list of majors below (this primary major must be selected from majors available on the student's campus of enrolment and all units taken as part of this major must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

(i.) six compulsory common core units (36 points)

(ii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iii.) additional units taken in the Bachelor of Business, Caulfield campus to reach the required minimum of 16 units

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**
  • students wishing to complete a 10 unit psychology major accredited by the Australian Psychology Accreditation Council (APAC) can count the units PSY1011 and PSY2051 as additional business units under section (a)(iii.) of the degree requirements and a further eight psychology units under section (b.) of the degree requirements.

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year level units (60 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Caulfield campus
  • in addition to specific unit prerequisites, second -year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for specified majors

Accounting

(a.) the following six units:

  • AFF1000 Principles of accounting and finance
  • AFF1121 Introduction to financial accounting
  • AFF2391 Cost information for decision making
  • AFF2491 Company reporting
  • AFF3431 Performance measurement and control
  • AFF3491 Advanced financial accounting theory and practice

(b.) two units from the following list:

  • AFF2631 Financial management
  • AFF2851 Accounting information systems and financial modelling
  • AFF3511 Strategic management accounting
  • AFF3631 Auditing and assurance
  • AFF3791 Comparative international accounting
  • AFF3851 Advanced accounting information systems and financial modelling
  • AFX3551 International study program in accounting
  • BTF2220 Corporations law and trusts
  • BTF3931 Taxation law
  • ECF1200 Macroeconomics
  • ETX2121 Data analysis in business

Banking and finance

(a.) the following six units:

  • AFF1300 Money and capital markets
  • AFF2401 Commercial banking and finance
  • AFF2631 Financial management
  • AFF3121 Investments and portfolio management
  • AFF3841 Lending decisions
  • MGX3100 Management ethics and corporate governance

(b.) two units from the following list:

  • AFF2701 Equity markets
  • AFF2851 Accounting information systems and financial modelling
  • AFF3111 Personal financial planning
  • AFF3301 Money market operations
  • AFF3331 International banking and finance, or AFX3871 International study program in banking and finance
  • AFF3351 Investment banking
  • AFF3651 Treasury management
  • AFF3751 Futures and options markets
  • AFX3355 Property investment
  • BTF2601 Banking law
  • ECF1200 Macroeconomics
  • ECF2331 Monetary theory and policy
  • ETF3300 Quantitative methods for financial markets
  • ETX2121 Data analysis in business

Economics

(a.) the following six units:

(b.) two units from the following list:

Econometrics

(a.) the following five units:

  • ETF2700 Mathematics for business
  • ETF3200 Quantitative business analysis
  • ETF3600 Quantitative models for business research
  • ETX1100 Business statistics
  • ETX3231 Business forecasting

(b.) one unit from the following list:

(c.) two units from the following list:

Human resource management

(a.) the following six units:

  • MGF1010 Introduction to management
  • MGF2341 Managing employee relations
  • MGF2661 Human resource management
  • MGF3430 International human resource management
  • MGF3881 Current issues in human resource management
  • MGX3441 Human resource strategy

(b.) two units from the following list:

Business Law

(a.) the following two units:

(b.) six units from the following list:

Management

(a.) the following six units:

(b.) two units from the following list:

  • MGF2341 Managing employee relations
  • MGF2511 Managing quality, innovation and knowledge
  • MGF2661 Human resource management
  • MGF3361 Performance management
  • MGF3381 Managing information systems
  • MGF3681 International management
  • MGX3771 Operations management
  • MGX3991 Leadership principles and practices

Marketing

(a.) the following six units:

(b.) two units from the following list:

Psychology

(a.) the following nine units:

  • PSY1011 Psychology A
  • PSY1022 Psychology B
  • PSY2031 Developmental and biological psychology
  • PSY2042 Cognitive and social psychology
  • PSY2051 Research design and analysis
  • PSY3032 Abnormal psychology
  • PSY3041 Psychological testing, theories of ability and ethics
  • PSY3051 Perception and personality
  • PSY3062 Research methods and theory

(b.) one unit from the following list:

  • PSY2112 Organisational psychology
  • PSY3100 Advanced psychobiology: Brain and behaviour
  • PSY3120 Introduction to counselling
  • PSY3130 Health psychology
  • PSY3150 Contemporary social psychology
  • PSY3160 Psychology of language
  • PSY3170 Decision making in professional settings
  • PSY3180 Human neuropsychology: Developmental and neurodegenerative disorders
  • PSY3190 Addiction studies

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Institute of Management
  • Australian Marketing Institute
  • Financial Services Institute of Australasia
  • CPA Australia
  • The Institute of Chartered Accountants in Australia
  • The Australian Psychology Accreditation Council (APAC).

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business

0315 - Bachelor of Business (Accounting)

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 titleBBus(Acc)
CRICOS Code001726J
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9902 6011; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

The course is designed to provide graduates with high-level skills in both the specialised field of accounting and the general field of business management. Graduates will be capable of pursuing careers in professional accounting and a wide range of business fields. The course blends a conceptual theoretical framework with practical applications and covers basic discipline material through to more specialised accounting requirements. Graduates will be well equipped to seek employment in both private and public-sector enterprises.

Objectives

The learning goals of this course are to:

  • take a structured approach to business data analysis, problem solving and decision making
  • apply relevant theory, tools and techniques to solving problems in a dynamic business environment
  • carry out an organisation's specific projects and recommend responses to issues and opportunities that may impact on an organisation's performance
  • operate effectively in a multidisciplinary business environment while providing specialist advice from an accounting perspective
  • approach business issues in a professional and socially responsible manner.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major in accounting (all units taken as part of this major must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

(i.) six compulsory common core units (36 points):

(ii.) a major of 10 units (60 points) in accounting:*

  • the requirements of the major are listed below
  • at least two units (12 points) must be completed at each of second and third-year levels

* The unit AFF1000 is one of the units in this major and will have already been studied as part of the group of common core units -students will therefore complete an additional unit as detailed below.

(iii.) additional units from the faculty in the Bachelor of Business at the Caulfield campus to reach the required minimum of 16 units

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year level units (60 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Caulfield campus
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for accounting major

(a.) the following six units:

  • AFF1000 Principles of accounting and finance
  • AFF1121 Introduction to financial accounting
  • AFF2391 Cost information for decision making
  • AFF2491 Company reporting
  • AFF3431 Performance measurement and control
  • AFF3491 Advanced financial accounting theory and practice

(b.) four units from the following list:

  • AFF2631 Financial management
  • AFF2851 Accounting information systems and financial modelling
  • AFF3511 Strategic management accounting
  • AFF3631 Auditing and assurance
  • AFF3791 Comparative international accounting
  • AFF3851 Advanced accounting information systems and financial modelling
  • AFX3551 International study program in accounting
  • BTF2220 Corporations law and trusts
  • BTF3931 Taxation law
  • ECF1200 Macroeconomics
  • ETX2121 Data analysis in business

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Securities and Investments Commission
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience and the correct choice of units.

Award(s) received on completion

Bachelor of Business (Accounting)

1333 - Bachelor of Business (Accounting) and Bachelor of Business (Banking and Finance)

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 titleBBus(Acc)/BBus(B&F)
CRICOS Code021275K
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsTelephone +61 3 9902 6011, fax +61 3 9903 2955; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

This double-degree course aims to produce graduates who are equipped to meet the challenges of a rapidly changing business environment and to operate effectively in the new and deregulated financial markets sector. Students will also gain an understanding of the external environment within which business operates, with particular emphasis on Australia's international context.

Objectives

Refer to both the Bachelor of Business (Accounting) single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0315.html and Bachelor of Business (Banking and Finance) single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0312.html single degree entries.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • majors in accounting and banking and finance (all units taken as part of these majors must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a third major.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years of study as follows:

(a.) 24 units (144 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

(i.) six compulsory common core units (36 points):

(ii.) a 10-unit major in accounting (60 points)*

* The unit AFF1000 is one of the units in this major and will have already been studied as part of the group of common core units -students will therefore complete an additional unit.

(iii.) a 10-unit major in banking and finance (60 points)

  • the requirements of the majors are listed below
  • for each major, at least two units (12 points) must be completed at each of second and third-year levels

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 13 first-year-level units (78 points)
  • a minimum of eight third-year-level units (48 points), of which at least five units (30 points) must be from those offered by the faculty at the Caulfield campus.

In addition to specific unit prerequisites, third-year level units require the successful completion of two second year-level units and second year-level units require the successful completion of three first-year level units.

Units required for specified majors

Accounting

(a.) the following six units:

  • AFF1000 Principles of accounting and finance
  • AFF1121 Introduction to financial accounting
  • AFF2391 Cost information for decision making
  • AFF2491 Company reporting
  • AFF3431 Performance measurement and control
  • AFF3491 Advanced financial accounting theory and practice

(b.) four units from the following list:

  • AFF2631 Financial management
  • AFF2851 Accounting information systems and financial modelling
  • AFF3511 Strategic management accounting
  • AFF3631 Auditing and assurance
  • AFF3791 Comparative international accounting
  • AFF3851 Advanced accounting information systems and financial modelling
  • AFX3551 International study program in accounting
  • BTF2220 Corporations law and trusts
  • BTF3931 Taxation law
  • ECF1200 Macroeconomics
  • ETX2121 Data analysis in business

Banking and finance

(a.) the following six units:

  • AFF1300 Money and capital markets
  • AFF2401 Commercial banking and finance
  • AFF2631 Financial management
  • AFF3121 Investments and portfolio management
  • AFF3841 Lending decisions
  • MGX3100 Management ethics and corporate governance

(b.) four units from the following list:

  • AFF2701 Equity markets
  • AFF2851 Accounting information systems and financial modelling
  • AFF3111 Personal financial planning
  • AFF3301 Money market operations
  • AFF3331 International banking and finance, or AFX3871 International study program in banking and finance
  • AFF3351 Investment banking
  • AFF3651 Treasury management
  • AFF3751 Futures and options markets
  • AFX3355 Property investment
  • BTF2601 Banking law
  • ECF1200 Macroeconomics
  • ECF2331 Monetary theory and policy
  • ETF3300 Quantitative methods for financial markets
  • ETX2121 Data analysis in business

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Securities and Investments Commission
  • CPA Australia
  • Financial Services Institute of Australasia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business (Accounting)

Bachelor of Business (Banking and Finance)

1334 - Bachelor of Business (Accounting) and Bachelor of Business (Management)

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 titleBBus(Acc)/BBus(Mgt)
CRICOS Code030803E
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsTelephone +61 3 9902 6011, fax +61 3 9903 2955; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

This double-degree course aims to produce graduates who are able to meet the challenges of a rapidly changing business environment and who can operate effectively in the business world of today.

Objectives

Refer to both the Bachelor of Business (Accounting) single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0315.html and Bachelor of Business (Management) single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0316.html.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • majors in accounting and management (all units taken as part of these majors must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a third major.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years of study as follows:

(a.) 24 units (144 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

i) six compulsory common core units (36 points):

(ii.) a 10 unit (60 points) major in accounting*

(iii.) a 10 unit (60 points) major in management*

  • the requirements of the majors are listed below
  • for each major, at least two units (12 points) must be completed at each of second and third-year levels

* The units AFF1000 and MGF1010 are included in the 10 unit majors.

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 13 first-year-level units (78 points)
  • a minimum of eight third-year-level units (48 points), of which at least five units (30 points) must be from those offered by the faculty at the Caulfield campus.
  • in addition to specific unit prerequisites second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for specified majors

Accounting

(a.) the following six units:

  • AFF1000 Principles of accounting and finance
  • AFF1121 Introduction to financial accounting
  • AFF2391 Cost information for decision making
  • AFF2491 Company reporting
  • AFF3431 Performance measurement and control
  • AFF3491 Advanced financial accounting theory and practice

(b.) four units from the following list:

  • AFF2631 Financial management
  • AFF2851 Accounting information systems and financial modelling
  • AFF3511 Strategic management accounting
  • AFF3631 Auditing and assurance
  • AFF3791 Comparative international accounting
  • AFF3851 Advanced accounting information systems and financial modelling
  • AFX3551 International study program in accounting
  • BTF2220 Corporations law and trusts
  • BTF3931 Taxation law
  • ECF1200 Macroeconomics
  • ETX2121 Data analysis in business

Management

(a.) the following six units:

(b.) four units from the following list:

  • MGF2341 Managing employee relations
  • MGF2511 Managing quality, innovation and knowledge
  • MGF2661 Human resource management
  • MGF3361 Performance management
  • MGF3381 Managing information systems
  • MGF3681 International management
  • MGX3771 Operations management
  • MGX3991 Leadership principles and practices

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Institute of Management (AIM)
  • Australian Securities and Investments Commission
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business (Accounting)

Bachelor of Business (Management)

0312 - Bachelor of Business (Banking and Finance)

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 titleBBus(Bkg&Fin)
CRICOS Code001725K
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9903 6011; Email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

The course is designed to provide graduates with high-level skills in both the specialised field of banking and finance and the general field of business management. Graduates will be capable of pursuing careers in the banking and finance industry and a wide range of business fields. The course blends a conceptual theoretical framework with practical applications and covers basic discipline material through to more specialised banking and finance requirements. Graduates will be well equipped to seek employment in both private and public-sector enterprises.

Objectives

The learning goals of this course are to:

  • take a structured approach to business data analysis, problem solving and decision making
  • apply relevant theory, tools and techniques to solving problems in a dynamic business environment
  • carry out an organisation's specific projects and recommend responses to issues and opportunities that may impact on an organisation's performance
  • operate effectively in a multidisciplinary business environment while providing specialist advice from a banking and finance perspective
  • approach business issues in a professional and socially responsible manner.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major in banking and finance (all units taken as part of this major must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years:

(a.) 16 units (96 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

(i.) six compulsory common core units (36 points):

(ii.) a major of 10 units (60 points) in banking and finance

  • the requirements of the major are listed below
  • at least two units (12 points) must be completed at each of second and third-year levels

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year level units (60 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Caulfield campus
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for banking and finance major

(a.) The following six units:

  • AFF1300 Money and capital markets
  • AFF2401 Commercial banking and finance
  • AFF2631 Financial management
  • AFF3121 Investments and portfolio management
  • AFF3841 Lending decisions
  • MGX3100 Management ethics and corporate governance

(b.) four units from the following list:

  • AFF2701 Equity markets
  • AFF2851 Accounting information systems and financial modelling
  • AFF3111 Personal financial planning
  • AFF3301 Money market operations
  • AFF3331 International banking and finance, or AFX3871 International study program in banking and finance
  • AFF3351 Investment banking
  • AFF3651 Treasury management
  • AFF3751 Futures and options markets
  • AFX3355 Property investment
  • BTF2601 Banking law
  • ECF1200 Macroeconomics
  • ECF2331 Monetary theory and policy
  • ETX2121 Data analysis in business
  • ETF3300 Quantitative methods for financial markets

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Securities and Investments Commission
  • Financial Services Institute of Australasia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business (Banking and Finance)

3154 - Bachelor of Business (Law)

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 titleBBus(Law)
CRICOS Code037247E
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9902 6011; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

This course recognises the fundamental importance of business law and taxation in a rapidly changing commercial world, and seeks to provide graduates with extended skills in these areas. Graduates will gain skills in handling the wide range of complex legal and taxation issues that are commonly faced in many areas of business management and government agencies.

The Bachelor of Business (Law) does not provide the basis for admission to practice as a barrister or solicitor.

Objectives

The learning goals of this course are to:

  • take a structured approach to business data analysis, problem solving and decision making
  • apply relevant theory, tools and techniques to solving problems in a dynamic business environment
  • carry out an organisation's specific projects and recommend responses to issues and opportunities that may impact on an organisation's performance
  • operate effectively in a multidisciplinary business environment while providing specialist advice from a law perspective
  • approach business issues in a professional and socially responsible manner.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major in business law (all units taken as part of this major must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

(i.) six compulsory common core units (36 points):

(ii.) a major of 10 units (60 points) in business law:*

  • the requirements of the major are listed below
  • at least two units (12 points) must be completed at each of second and third-year levels

* The unit BTF1010 is one of the units in this major and will have already been studied as part of the group of common core units - students will therefore complete an additional unit as detailed below.

(iii.) additional units from the faculty in the Bachelor of Business at the Caulfield campus to reach the required minimum of 16 units

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year level units (60 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Caulfield campus
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for business law major

(a.) the following two units:

(b.) six units from the following list:

(c.) two units from the following list:

Award(s) received on completion

Bachelor of Business (Law)

0316 - Bachelor of Business (Management)

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 titleBBus(Mgt)
CRICOS Code008054K
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9902 6011; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

The course is designed to provide graduates with high-level skills in the specialised field of management. Graduates will be capable of pursuing careers in a wide range of management areas. The course blends a conceptual theoretical framework with practical applications and covers basic discipline material through to more specialised management requirements. Graduates will be well equipped to seek employment in both private and public-sector enterprises.

Objectives

The learning goals of this course are to:

  • take a structured approach to business data analysis, problem solving and decision making
  • apply relevant theory, tools and techniques to solving problems in a dynamic business environment
  • carry out an organisation's specific projects and recommend responses to issues and opportunities that may impact on an organisation's performance
  • operate effectively in a multidisciplinary business environment while providing specialist advice from a management perspective
  • approach business issues in a professional and socially responsible manner.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major in management (all units taken as part of this major must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

(i.) six compulsory common core units (36 points):

(ii.) a major of 10 units (60 points) in management:*

  • the requirements of the major are listed below
  • at least two units (12 points) must be completed at each of second and third-year levels

* The unit MGF1010 is one of the units in this major and will have already been studied as part of the group of common core units - students will therefore complete an additional unit as detailed below.

(iii.) additional units from the faculty in the Bachelor of Business at the Caulfield campus to reach the required minimum of 16 units

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year-level units (60 points)
  • a minimum of six third-year-level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Caulfield campus
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

Units required for management major

(a.) The following six units:

(b.) four units from the following list:

  • MGF2341 Managing employee relations
  • MGF2511 Managing quality, innovation and knowledge
  • MGF2661 Human resource management
  • MGF3361 Performance management
  • MGF3381 Managing information systems
  • MGF3681 International management
  • MGX3771 Operations management
  • MGX3991 Leadership principles and practices

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Institute of Management.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business (Management)

1337 - Bachelor of Business (Management) and Bachelor of Business (Marketing)

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 titleBBus(Mgt)/BBus(Mkt)
CRICOS Code021272B
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsTelephone +61 3 9902 6011; fax +61 3 9903 2955; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

The course is designed to provide graduates with high-level skills in the specialised fields of marketing and management. Graduates will be capable of pursuing careers in a wide range of marketing and management areas. The course blends a conceptual theoretical framework with practical applications and covers basic discipline material through to more specialised marketing and management requirements. Graduates will be well equipped to seek employment in both private and public-sector enterprises.

Objectives

Refer to the Bachelor of Business (Management) single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0316.html and the Bachelor of Business (Marketing) single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0314.html single degree entries.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • majors in management and marketing (all units taken as part of these majors must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a third major.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years of study as follows:

(a.) 24 units (144 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

i) six compulsory common core units (36 points):

(ii.) a 10 unit (60 points) major in management*

(iii.) a 10 unit (60 points) major in marketing*

  • the requirements of the majors are listed below
  • for each major, at least two units (12 points) must be completed at each of second and third-year levels

* The compulsory common core units MGF1010 and MKF1120 are included in the 10 unit majors.

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • the unit MKF2331 (Retail promotion) is excluded from this degree
  • a maximum of 13 first-year-level units (78 points)
  • a minimum of eight third-year-level units (48 points), of which at least five units (30 points) must be from those offered by the faculty at the Caulfield campus
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for specified majors

Management

(a.) the following six units:

(b.) four units from the following list:

  • MGF2341 Managing employee relations
  • MGF2511 Managing quality, innovation and knowledge
  • MGF2661 Human resource management
  • MGF3361 Performance management
  • MGF3381 Managing information systems
  • MGF3681 International management
  • MGX3771 Operations management
  • MGX3991 Leadership principles and practices

Marketing

(a.) the following six units:

(b.) four units from the following list:

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Institute of Management (AIM)
  • Australian Marketing Institute.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business (Management)

Bachelor of Business (Marketing)

0314 - Bachelor of Business (Marketing)

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 titleBBus(Mktg)
CRICOS Code001723A
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9903 6011; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

In this course, marketing studies are combined with a general business education to ensure that graduates have a broad perspective of business from which to enter and progress in their marketing careers. The program aims at developing a basis that will enable the graduate to deal with change in a dynamic society and also provide a foundation for further study. Students completing the course are expected to be well informed and developed in their decision-making skills and approach to business problems and issues.

Objectives

The learning goals of this course are to:

  • take a structured approach to business data analysis, problem solving and decision making
  • apply relevant theory, tools and techniques to solving problems in a dynamic business environment
  • carry out an organisation's specific projects and recommend responses to issues and opportunities that may impact on an organisation's performance
  • operate effectively in a multidisciplinary business environment while providing specialist advice from a marketing perspective
  • approach business issues in a professional and socially responsible manner.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major in marketing (all units taken as part of this major must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Business at the Caulfield campus as follows:

(i.) six compulsory common core units (36 points)

(ii.) a major of 10 units (60 points) in marketing:*

  • the requirements of the major are listed below
  • at least two units (12 points) must be completed at each of second and third-year levels

* The unit MKF1120 is one of the units in this major and will have already been studied as part of the group of common core units - students will therefore complete an additional unit as detailed below.

(iii.) additional units from the faculty in the Bachelor of Business at the Caulfield campus to reach the required minimum of 16 units

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • the unit MKF2331 Retail promotion is excluded from this degree
  • a maximum of 10 first-year level units (60 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Caulfield campus
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for marketing major

(a.) The following six units:

(b.) four units from the following list:

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Marketing Institute.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business (Marketing)

1718 - Bachelor of Business Studies

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 titleBBusSt
Managing facultyBusiness and Economics
Intake restrictionsThis course is not available to international student visa holders.
Total credit points required144
Duration (years)6 years PT
Contact detailsTelephone +61 3 9902 6380 or +61 3 5122 6380; Email: enquiries.gippsland@buseco.monash.edu.au
Course coordinatorMs Wendy Webber

Description

This degree program, offered through Open Universities Australia, is designed to be flexible and achieve depth and breadth in the study of human resource management, management and marketing business majors. The course includes units from Monash University and other universities.

Objectives

The learning goals of this course are to:

  • develop fundamental knowledge of general principles and applications of a core range of business and commerce disciplines
  • demonstrate technical knowledge, analytical skills and evaluative capabilities that are appropriate to chosen major areas of study and ability to apply expertise to problem solving in discipline-based contexts
  • demonstrate critical thinking and articulate reasoning exhibited through effective written and oral forms of communication
  • integrate and synthesise knowledge from different disciplines to innovative applications in business settings, with a demonstrated awareness of ethical and social responsibility
  • demonstrate skills in interpersonal communication and cultural awareness in a global business environment.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major from the list of majors below
  • 11 electives which may, in some cases, form a second major. Electives can be selected from those listed on the Open Universities Australia website.

It is recommended students new to university complete the Open Universities unit SSK12 (Introduction to university learning).

Requirements

The degree requires completion of 24 units (144 points) over six years part time as follows:

(a.) six compulsory common core units (36 points):

  • ACF110 Accounting fundamentals
  • BLW16 Introduction to law
  • BMS11 Business statistics*
  • ECO11 Microeconomics
  • MAN11 Introduction to management*
  • MAR11 Marketing theory and practice*

(b.) a major of seven units (42 points):

  • the major must come from the approved list of majors below

(c.) students must complete a further 11 units (66 points) as follows:

  • further units may be selected from units in the Bachelor of Business Studies and may make up another major or one or two minor sequences
  • eight further units (48 points) may be selected from any undergraduate level units listed in the Open Universities Australia handbook.

Additional degree requirements:

  • at least eight units from Monash's Faculty of Business and Economics
  • no more than 10 first-year-level units (60 points)
  • at least six third-year-level units (36 points)
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for specified majors

Human resource management

  • MAN22 Human resource management*
  • MAN130 Managerial communication*
  • MAN231 Recruitment and selection*
  • MAN232 Employment relations*
  • MAN320 International human resource management*
  • MAN321 Organisational change*
  • PSY130 Organisational behaviour

Management

  • BIS15 Information technology in organisations
  • MAN22 Human resource management*
  • MAN26 International business*
  • MAN31 Strategic management*
  • MAN32 International management*
  • MAN33 Service operations management*
  • MAN240 Project management*

Marketing

  • MAR12 Research methods for marketing and management*
  • MAR23 Integrated marketing communication*
  • MAR24 Buyer behaviour*
  • MAR32 Issues in competitive advantage*
  • MAR33 Marketing planning and implementation*
  • MAR34 International marketing*
  • MAR35 Strategic marketing*

Units required for minor sequences

Business law

  • BLW21 Company law
  • BLW22 Taxation law
  • BLW23 Marketing legal issues
  • BLW26 International law

Human resource management

Cannot be taken with a human resource management major.

  • MAN22 Human resource management*
  • MAN231 Recruitment and selection*
  • MAN232 Employment relations*
  • MAN321Organisational change*

Management

Cannot be taken with a management major.

  • MAN14 Project management
  • MAN22 Human resource management*
  • MAN32 International management*
  • MAN33 Service operations management*

Marketing

Cannot be taken with a marketing major.

  • MAR23 Integrated marketing communication*
  • MAR24 Buyer behaviour*
  • MAR33 Marketing planning and implementation*
  • MAR35 Strategic marketing*

Psychology

  • PSY11 Introduction to psychology 1A
  • PSY12 Introduction to psychology 1B
  • PSY130 Organisational behaviour
  • PSY230 Introduction to theories in counselling

* Units offered by Monash University Faculty of Business and Economics.

Award(s) received on completion

Bachelor of Business Studies

1941 - Bachelor of Business and Commerce and Bachelor of Communication

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 titleBBusCom/BComn
CRICOS Code039972D
Managing facultyBusiness and Economics
Study location and modeOn-campus (Berwick, Sunway)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsBerwick: telephone +61 3 9904 7045; email enquiries.berwick@buseco.monash.edu.au
Sunway: telephone +60 3 5636 0600; email inquiries@buseco.monash.edu.my
Course coordinatorProfessor Robert Brooks

Description

The Bachelor of Business and Commerce provides an international degree. The course is designed to provide maximum flexibility and to allow depth and breadth in the study of the major business and commerce discipline areas. Its structure provides the capacity to tailor applications and focus in different contexts and different environments while ensuring knowledge of the theory, principles and core elements in the relevant discipline areas.

The Bachelor of Communication is concerned with both new and traditional communications technologies such as print, film, television and electronic media. It explores the practical operations of mass communications technologies as well as their social and cultural aspects.

Objectives

Refer to the Bachelor of Business and Commerce single degree entry at www.monash.edu.au/pubs/2009handbooks/courses/2224.html and Bachelor of Communication single degree entry at www.monash.edu.au/pubs/handbooks/courses/1275.html.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study:
  • a major from the Faculty of Business and Economics (this major must be selected from majors available on your campus of enrolment and all units taken as part of this major must be from the student's campus of enrolment)
  • a communications major from the Faculty of Arts.

Requirements

The degree requires completion* of 32 units (192 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) taken from the Bachelor of Business and Commerce at your campus of enrolment as follows:*

(i.) six compulsory common core units (36 points):

(ii.) a major of eight units (48 points):

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels
  • depending on the major chosen, one of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete an additional unit as detailed below

(iii.) additional units selected from the faculty in the Bachelor of Business and Commerce at your campus of enrolment, to reach the required minimum of 16 units

(b.) 16 units (96 points) from the Faculty of Arts as follows:

(i.) a major of at least eight units (48 points) in communications

(ii.) a minor of at least four units (24 points) in an arts discipline

(iii.) a third first-year arts sequence (12 points)

(iv.) a further two units (12 points) offered by the Faculty of Arts.

Additional degree requirements:

  • a maximum of 14 first-year level units (84 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at your campus of enrolment
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

* If students fail a unit and this has an adverse effect on their ability to meet the standard progression, they should contact the faculty office on their campus for advice.

** Sunway students have the option of selecting ETW1000 Business and economic statistics instead of ETW1102.

Units required for specified majors

Key to campus of offering:

  • B (Berwick)
  • S (Sunway)

Accounting*

(Berwick, Sunway)

The following eight units:

  • AFW1002 Introduction to financial accounting
  • AFW2020 Cost information for decision making
  • AFW2491 Company reporting
  • AFW2631 Financial management
  • AFW2851 Accounting information systems and financial modelling
  • AFW3021 Performance measurement and control
  • AFW3040 Accounting theory
  • AFW3050 Financial accounting issues

Additional units are required for professional accreditation as follows:

  • BTW2213 Malaysian company law (S)
  • BTW2220 Corporations law and trust (B)
  • ECW1102 Introductory macroeconomics (B, S)

Banking and finance

(Sunway only)

The following eight units:

  • AFW1300 Money and capital markets
  • AFW2851 Accounting information systems and financial modelling
  • AFW2401 Commercial banking and finance
  • AFW2631 Financial management
  • AFW3121 Investments and portfolio management
  • AFW3331 International banking and finance
  • AFW3651 Treasury management
  • AFW3841 Lending decisions

Business law

(Sunway only)

The following eight units:

Economics

(Berwick, Sunway)

(a.) The following four units:

(b.) four of the following units:

  • ECW2141 Economics of labour markets (B, S)
  • ECW2600 Tourism economics (B)
  • ECW2721 Trade finance and foreign exchange (S)
  • ECW3121 Economics of international trade and finance (B)
  • ECW3143 Economics of money and banking (B)
  • ECW3146 Regional development and policy (B)
  • ECW3291 Multinational trade and investment (S)
  • ECW3301 Case studies in international trade (S)
  • ECW3830 Competition and regulation (B)
  • ECX2123 Economics of innovation and high technology (B)

Econometrics and business statistics

(Sunway only)

(a.) The following two units:

  • ETW1000 Business and economics statistics and ETW1010 Data modelling and computing, or ETW1102 Business statistics and ETW2111 Business data modelling

(b.) six of the following units:

  • ETW2410 Introductory econometrics
  • ETW2420 Survey methods and managerial statistics
  • ETW2480 Business modelling methods
  • ETW3410 Applied econometrics
  • ETW3420 Principles of forecasting and applications
  • ETW3480 Decision analysis for managers

e-Business

(Sunway only)

The following eight units:

  • FIT1003 IT in organisations
  • ECW2731 Managerial economics
  • MGW2700 Project management for small to medium enterprises
  • MGW3381 Management information systems
  • MKW1601 Introduction to e-business
  • MKW2841 e-Business models and analysis
  • MKW3841 e-business performance management
  • MKW3881 Electronic marketing

Human resource management

(Berwick only)

(a.) The following two units:

(b.) six of the following units:

  • ECW2141 Economics of labour markets
  • MGW2230 Organisational behaviour
  • MGW2322 Recruitment and selection
  • MGW2323 Employment relations
  • MGW3130 Organisational change and development
  • MGW3210 Organisational wellness
  • MGW3430 International human resource management

International business

(Sunway only)

The following eight units:

  • AFW2341 International financial management
  • BTW3201 International trade law
  • ECW2721 Trade finance and foreign exchange
  • ECW3301 Case studies in international trade
  • MGW2351 International business
  • MGW3121 International business strategy
  • MGW3681 International management
  • MKW3444 International marketing

Management

(Berwick, Sunway)

(a.) The following three units:

(b.) a further five units (30 points) offered by the Department of Management on the student's home campus subject to the following condition:

  • a maximum of two units (12 points) may be taken from units offered in the tourism major

Marketing

(Berwick, Sunway)

(a.) The following seven units:

  • MKW1120 Marketing theory and practice
  • MKW2402 Consumer behaviour
  • MKW2420 Marketing research methods
  • MKW2460 Integrated marketing communication
  • MKW3121 Marketing planning and implementation
  • MKW3440 Marketing strategy
  • MKW3444 International marketing
  • (b) one further unit from units offered by the Department of Marketing on the student's home campus, or BTW3281 Marketing law

Marketing communication

(Berwick only)

(a.) The following seven units:

(b.) one of the following units:

  • any unit offered by the Department of Marketing

Quantitative Economics

(Berwick)

(a.) The following six units:

(b.) two units from the following list:

  • ECW2141 Labour economics
  • ECW2600 Tourism economics
  • ECW3121 Economics of international trade and finance
  • ECW3143 Economics of money and banking
  • ECW3146 Regional development and policy
  • ECW3830 Competition and regulation
  • ECX2123 Economics of innovation and high technology

Tourism

(Berwick only)

The following eight units:

Professional recognition

This degree is recognised by the following legal entities:

  • CPA Australia
  • The Institute of Chartered Accountants in Australia
  • Australian Institute of Management
  • Australian Marketing Institute
  • Public Relations Institute of Australia
  • Australian Securities and Investment Commission.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Communication

Bachelor of Business and Commerce

2224 - Bachelor of Business 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 titleBBusCom
CRICOS Code035039G
Managing facultyBusiness and Economics
Study location and modeOff-campus (Gippsland, Singapore, Sunway)
On-campus (Gippsland, Peninsula, Berwick, South Africa, Sunway)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact details

Berwick: Telephone +61 3 9904 7045; email enquiries.berwick@buseco.monash.edu.au
Gippsland: Telephone +61 3 9902 6380 or +61 35122 6380; email enquiries.gippsland@buseco.monash.edu.au
Peninsula: Telephone +61 3 9904 4314; email: inquiries.peninsula@buseco.monash.edu.au
South Africa: Telephone +27 11 950 4009; fax + 27 11 950 4004; email: inquiries@monash.ac.za
Sunway: Telephone +60 3 5636 0600; email inquiries@buseco.monash.edu

Course coordinatorProfessor Robert Brooks

Description

The Bachelor of Business and Commerce provides an international degree and is the link between the overseas offerings of the faculty in Malaysia and South Africa and the on-shore program taught across the Berwick, Gippsland and Peninsula campuses.

The course is designed to provide maximum flexibility and to allow depth and breadth in the study of the major business and commerce discipline areas. Its structure provides the capacity to tailor applications and focus in different contexts and different environments while ensuring knowledge of the theory, principles and core elements in the relevant discipline areas.

Objectives

The learning goals of this course are to:

  • develop fundamental knowledge of general principles and applications of a core range of business and commerce disciplines
  • develop technical knowledge, analytical skills and evaluative capabilities that are appropriate to chosen major areas of study and ability to apply expertise to problem solving in discipline-based contexts
  • develop capacity for critical thinking and articulate reasoning exhibited through effective written and oral forms of communication
  • develop capacity to integrate and synthesise knowledge from different disciplines to innovative applications in business settings, with a demonstrated awareness of ethical and social responsibility;
  • develop skills in interpersonal communication and cultural awareness in a global business environment.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study:
  • a major from the list of majors below (this primary major must be selected from majors available on the student's campus of enrolment and all units taken as part of this major must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Business and Commerce at your campus of enrolment as follows:*

(i.) six compulsory common core units (36 points)

  • AFW1000 Principles of accounting and finance
  • BTW1200 Business law, or BTW1201 South African business law (SA*)
  • ECW1101 Introductory microeconomics
  • ETW1102 Business statistics, or ETW1000 Business and economics statistics (S*)
  • MGW1010 Introduction to management
  • MKW1120 Marketing theory and practice

(ii.) a major of eight units (48 points):**

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

** Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below

(iii.) additional units selected from the faculty in the Bachelor of Business and Commerce at your campus of enrolment, to reach the required minimum of 16 units***

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year level units (60 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at your campus of enrolment
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

* See 'Key to campus of offering' below.

*** If students fail a unit and this has an adverse effect on their ability to meet the standard progression, they should contact the faculty office on their campus for advice.

Units required for specified majors

Key to campus of offering:

  • B (Berwick)
  • G (Gippsland)
  • OCL (Off campus learning)
  • P (Peninsula)
  • S (Sunway)
  • SA (South Africa)

Accounting***

(Berwick, Gippsland, OCL, Peninsula, Sunway)

The following eight units:

  • AFW1002 Introduction to financial accounting
  • AFW2020 Cost information for decision making
  • AFW2491 Company reporting
  • AFW2631 Financial management
  • AFW2851 Accounting information systems and financial modelling
  • AFW3021 Performance measurement and control
  • AFW3040 Accounting theory
  • AFW3050 Financial accounting issues

*** See units required for professional accreditation below.

Professional accounting sequence (units required for professional accreditation):

  • AFW3041 Auditing and assurance (B,G,P,S)
  • BTW2213 Malaysian company law (S)
  • BTW2220 Corporations law and trust (B,G,P)
  • BTW3221 Taxation law and practice (B,G,P)
  • BTW3153 Malaysia income tax law (S)
  • ECW1102 Introductory macroeconomics (B,G,P,S)

Accounting****

(South Africa only)

The following eight units:

  • AFW1002 Introduction to financial accounting
  • AFW2020 Cost information for decision making
  • AFW2710 Financial accounting A
  • AFW2720 Financial accounting B
  • AFW2780 Corporate finance A
  • AFW3730 Financial accounting C
  • AFW3750 Advanced accounting for management information
  • AFW3790 Corporate finance B

**** See units required for professional accreditation below.

Students who intend to seek membership of a professional accounting body, such as the South African Institute of Chartered Accountants (SAICA) or the Association of Chartered Certified Accountants (ACCA), are advised to complete the following studies:

  • Professional accounting sequence
  • Business law and taxation sequence
  • ECW1102 Introductory macroeconomics
  • FIT1003 IT in organizations
Professional accounting sequence
Business law and taxation sequence
  • BTW2121 South African taxation of individuals
  • BTW2122 South African taxation of businesses
  • BTW2201 South African business law 2
  • BTW3301 South African business law 3

Banking and finance

(Sunway only)

The following eight units:

  • AFW1300 Money and capital markets
  • AFW2401 Commercial banking and finance
  • AFW2631 Financial management
  • AFW2851 Accounting information systems and financial modelling
  • AFW3121 Investments and portfolio management
  • AFW3331 International banking and finance
  • AFW3651 Treasury management
  • AFW3841 Lending decisions

Business law

(OCL, Sunway)

(a.) The following unit:

(b.) seven of the following units:

  • BTW2213 Malaysian company law (S)
  • BTW2220 Corporations law and trusts (OCL)
  • BTW2223 Corporate crime (OCL)
  • BTW2241 Comparative workplace relations law (S)
  • BTW3153 Malaysian income tax law (S)
  • BTW3201 International trade law (S)
  • BTW3221 Taxation law and practice (OCL)
  • BTW3240 Administrative law (OCL)
  • BTW3241 Employment law (OCL)
  • BTW3242 Business taxation and GST (OCL)
  • BTW3243 Finance law (S)
  • BTW3281 Marketing law (S)
  • BTW3641 Information technology law (OCL)

Economics

(Berwick, Gippsland, OCL, South Africa, Sunway)

(a.) The following four units:

(b.) four of the following units:

  • ECW2141 Economics of labour markets (B,G, OCL, S, SA)
  • ECW2600 Tourism economics (B)
  • ECW2721 Trade finance and foreign exchange (S)
  • ECW3121 Economics of international trade and finance (B, G, OCL,SA)
  • ECW3143 Economics of money and banking (B, G, OCL, SA)
  • ECW3146 Regional development and policy (B, G, OCL)
  • ECW3291 Multinational trade and investment (S)
  • ECW3301 Case studies in international trade (S)
  • ECW3830 Competition and regulation (B, G, OCL, SA)
  • ECX2123 Economics of innovation and high technology (B, OCL)

For students undertaking economics as their second major the following units may also be taken:

Econometrics and business statistics

(Sunway only)

The following eight units:

  • ETW1000 Business and economics statistics and ETW1010 Data modelling and computing, or ETW1102 Business statistics and ETW2111 Business data modelling
  • ETW2410 Introductory econometrics
  • ETW2420 Survey methods and managerial statistics
  • ETW2480 Business modelling methods
  • ETW3410 Applied econometrics
  • ETW3420 Principles of forecasting and applications
  • ETW3480 Decision analysis for managers

e-Business

(Sunway only)

The following eight units:

  • ECW2731 Managerial economics
  • FIT1003 IT in organisations
  • MGW2700 Project management for small to medium enterprises
  • MGW3381 Management information systems
  • MKW1601 Introduction to e-business
  • MKW2841 e-Business models and analysis
  • MKW3841 e-business performance management
  • MKW3881 Electronic marketing

Human resource management

(Berwick, Gippsland, OCL, Peninsula, South Africa)

(a.) The following two units:

(b.) six of the following units:

  • BTW3241 Employment law (G, OCL, P)
  • ECW2141 Economics of labour markets (B, G, OCL, SA)
  • MGW2230 Organisational behaviour (B, G, OCL, P, SA)
  • MGW2322 Recruitment and selection (B, G, OCL, P, SA)
  • MGW2323 Employment relations (B, G, OCL, P, SA)
  • MGW3130 Organisational change and development (B, G, OCL, P, SA)
  • MGW3210 Organisational wellness (B)
  • MGW3430 International human resource management (B, G, OCL, P, SA)

International business

(Peninsula, Sunway)

The following eight units:

  • AFW2341 International financial management
  • BTW3201 International trade law
  • ECW2721 Trade finance and foreign exchange
  • ECW3301 Case studies in international trade
  • MGW2351 International business
  • MGW3121 International business strategy
  • MGW3681 International management
  • MKW3444 International marketing

Management

(Berwick, Gippsland, OCL, Peninsula, South Africa, Sunway)

(a.) The following three units:

(b.) A further five units (30 points) offered by the Department of Management on your home campus subject to the following condition:

  • a maximum of two units (12 points) may be taken from units offered in the tourism major

Marketing

(Berwick, Gippsland, OCL, Peninsula, South Africa, Sunway)

(a.) The following seven units:

  • MKW1120 Marketing theory and practice
  • MKW2402 Consumer behaviour
  • MKW2420 Marketing research methods
  • MKW2460 Integrated marketing communication
  • MKW3121 Marketing planning and implementation
  • MKW3440 Marketing strategy
  • MKW3444 International marketing

(b.) BTW3281 Marketing law, or one further unit from units offered by the Department of Marketing on your home campus

Marketing communication

(Berwick only)

(a.) The following seven units:

(b.) one further unit from units offered by the Department of Marketing at the Berwick campus

Quantitative Economics

(Berwick only)

(a.) The following six units:

(b.) two units from the following list:

  • ECW2141 Labour economics
  • ECW2600 Tourism economics
  • ECW3121 Economics of international trade and finance
  • ECW3143 Economics of money and banking
  • ECW3146 Regional development and policy
  • ECW3830 Competition and regulation
  • ECX2123 Economics of innovation and high technology

Sport management

(Peninsula only)

The following eight units:

  • AUS1070 Sport and society in Australia
  • AUS3015 A world of sport: culture, communities and communication
  • ECW2450 Sports economics
  • ECW2451 The business of sport
  • MGW2200 Festivals and events
  • MGW2501 Introduction to tourism
  • MKW2402 Consumer behaviour
  • MKX3200 Sport marketing and sponsorship

Tourism

(Berwick, South Africa)

The following eight units:

Professional recognition

This degree with relevant units is recognised by the following legal entities:

  • Australian Securities and Investment Commission
  • Australian Institute of Management
  • Australian Marketing Institute
  • CPA Australia
  • The Institute of Chartered Accountants in Australia
  • Public Relations Institute of Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business and Commerce

 

3832 - Bachelor of Business and Commerce and Bachelor of Visual Arts

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 titleBBusCom/BVA
CRICOS Code055211A
Managing facultyBusiness and Economics
Study location and modeOn-campus (Gippsland)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsTelephone +61 3 9902 6380 or +61 35122 6380; email: enquiries.gippsland@buseco.monash.edu.au
Course coordinatorProfessor Robert Brooks

Description

This double-degree course provides foundation knowledge in a wide range of business and visual arts disciplines and a broad perspective on business.

Objectives

Refer to the Bachelor of Business and Commerce single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/2224.html and Bachelor of Visual Arts single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/2479.html.

Structure

The course structure has four main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a set of core units which provide an introduction to the key areas of visual arts
  • a major from the Faculty of Business and Economics (this major must be selected from majors available on the student's campus of enrolment and all units taken as part of this major must be from the student's campus of enrolment)
  • a Faculty of Art and Design major from the list of majors below.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) taken from the Bachelor of Business and Commerce at your campus of enrolment as follows:*

(i.) six compulsory common core units (36 points):

(ii.) a major of eight units (48 points):

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels
  • depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below

(iii.) additional units selected from the faculty in the Bachelor of Business and Commerce at your campus of enrolment, to reach the required 16 units.

* If you have failed a unit and this is having an adverse effect on your ability to meet the standard progression, contact the faculty office on your campus for advice.

(b.) 16 units (96 points) from the Faculty of Art and Design as follows:

(i.) six compulsory units (36 points):

(ii.) a compulsory OHS unit (0 points):

  • OHS1000 Introduction to art and design health and safety

(iii.) completion of an art and design major (36 points)

  • the major must come from the approved list of majors below

(iv.) completion of two units of theory (12 points) at either second or third-year level (units with the prefix TAD)

(v.) completion of two units (12 points) of complementary study chosen from either theory or studio disciplines.

Additional degree requirements:

  • a maximum of 14 units (84 points) of first-year-level units
  • a minimum of eight units (48 points) of third-year-level units
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

Majors offered by the Faculty of Business and Economics

Accounting*

The following eight units:

  • AFW1002 Introduction to financial accounting
  • AFW2020 Cost information for decision making
  • AFW2491 Company reporting
  • AFW2631 Financial management
  • AFW2851 Accounting information systems and financial modelling
  • AFW3021 Performance measurement and control
  • AFW3040 Accounting theory
  • AFW3050 Financial accounting issues

Additional units are required for professional accreditation as follows:

  • BTW2220 Corporations law and trust
  • ECW1102 Introductory macroeconomics

Economics

(a.) The following eight units:

  • ECW1101 Introductory microeconomics
  • ECW1102 Introductory macroeconomics
  • ECW2730 Macroeconomic policy
  • ECW2731 Managerial economics
  • ECW2141 Economics of labour markets
  • ECW3121 Economics of international trade and finance
  • ECW3143 Economics of money and banking
  • ECW3830 Competition and regulation

Human resource management

(a.) The following two units:

(b.) six of the following units:

  • BTW3241 Employment law
  • ECW2141 Economics of labour markets
  • MGW2230 Organisational behaviour
  • MGW2322 Recruitment and selection
  • MGW2323 Employment relations
  • MGW3130 Organisational change and development
  • MGW3430 International human resource management

Management

(a.) The following three units:

(b.) a further five units (30 points) offered by the Department of Management on the student's home campus subject to the following condition:

  • a maximum of two units (12 points) may be taken from units offered in the tourism major

Marketing

(a.) The following seven units:

  • MKW1120 Marketing theory and practice
  • MKW2402 Consumer behaviour
  • MKW2420 Marketing research methods
  • MKW2460 Integrated marketing communication
  • MKW3121 Marketing planning and implementation
  • MKW3440 Marketing strategy
  • MKW3444 International marketing

(b.) one further unit from units offered by the Department of Marketing on the student's home campus or BTW3281 Marketing law

Majors offered by the Faculty of Art and Design

Visual arts studio

The following four units:

Professional recognition

This double degree is recognised by the following legal entities:

  • Australian Securities and Investment Commission
  • Australian Institute of Management
  • Australian Marketing Institute
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Business and Commerce

Bachelor of Visual Arts

3820 - Bachelor of Civil and Environmental Engineering/Bachelor of Business 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 titleBCivEnvEng/BBusCom
CRICOS Code053185C
Managing facultyBusiness and Economics
Study location and modeOn-campus (Gippsland)
Total credit points required240
Duration (years)5 years FT, 10 years PT
Contact detailsTelephone: +61 3 9902 6380; email: enquiries.gippsland@buseco.monash.edu.au
Course coordinatorProfessor Robert Brooks

Description

This double degree is designed for students seeking to combine a broad base of knowledge and skills in the sustainable implementation and management of civil engineering infrastructure and solutions with a specific business discipline.

Objectives

Refer to the Bachelor of Civil and Environmental Engineering single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/3274.html and Bachelor of Business and Commerce single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/2224.html.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major from the Faculty of Business and Economics (this major must be selected from majors available on the student's campus of enrolment and all units taken as part of this major must be from the student's campus of enrolment)
  • a major in civil and environmental engineering.

Requirements

The degree requires completion of 40 units (240 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) taken from the Bachelor of Business and Commerce at your campus of enrolment as follows:

(i.) six compulsory common core units (36 points):

  • AFW1000 Principles of accounting and finance
  • ECW1101 Introductory microeconomics
  • ETW1102 Business statistics*
  • MGW1010 Introduction to management
  • MKW1120 Marketing theory and practice

* Note that credit will be given for the sixth compulsory level 1 unit of the BBusCom degree course - ETW1102 Business statistics - on the basis of passes in compulsory units ENV2792 Environmental modelling and MAT2731 Engineering mathematical analysis.

(ii.) a major of eight units (48 points):**

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

** Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iii.) additional units selected from the faculty in the Bachelor of Business and Commerce at your campus of enrolment, to reach the required 16 units.

Additional requirements:

  • a maximum of eight units (48 points) of first-year-level units
  • a minimum of four units (24 points) at third-year level at your campus of enrolment
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

(b.) students must complete 24 units (144 points) from the School of Applied Sciences and Engineering as follows:

Units required for specified majors

Accounting*

The following eight units:

  • AFW1002 Introduction to financial accounting
  • AFW2020 Cost information for decision making
  • AFW2491 Company reporting
  • AFW2631 Financial management
  • AFW2851 Accounting information systems and financial modelling
  • AFW3021 Performance measurement and control
  • AFW3040 Accounting theory
  • AFW3050 Financial accounting issues

*Additional units are required for professional accreditation as follows: BTW2220 (Corporations law and trust) and ECW1102 (Introductory macroeconomics)

Economics

The following eight units:

  • ECW1101 Introductory microeconomics
  • ECW1102 Introductory macroeconomics
  • ECW2141 Economics of labour markets
  • ECW2730 Macroeconomic policy
  • ECW2731 Managerial economics
  • ECW3121 Economics of international trade and finance
  • ECW3143 Economics of money and banking
  • ECW3830 Competition and regulation

Human resource management

(a.) The following two units:

(b.) six units from the following list:

  • BTW3241 Employment law
  • ECW2141 Economics of labour markets
  • MGW2230 Organisational behaviour
  • MGW2322 Recruitment and selection
  • MGW2323 Employment relations
  • MGW3130 Organisational change and development
  • MGW3430 International human resource management

Management

(a.) The following three units:

(b.) a further five units (30 points) offered by the Department of Management on the student's home campus subject to the following condition:

  • a maximum of two units (12 points) may be taken from units offered in the tourism major

Marketing

(a.) The following seven units:

  • MKW1120 Marketing theory and practice
  • MKW2402 Consumer behaviour
  • MKW2420 Marketing research methods
  • MKW2460 Integrated marketing communication
  • MKW3121 Marketing planning and implementation
  • MKW3440 Marketing strategy
  • MKW3444 International marketing

(b.) one further unit from units offered by the Department of Marketing on the student's home campus or BTW3281 Marketing law

Professional recognition

This double degree is recognised by the following legal entities:

  • Australian Securities and Investments Commission
  • Australian Institute of Management
  • Australian Marketing Institute
  • CPA Australia
  • The Institute of Chartered Accountants in Australia
  • Provisional accreditation Engineers Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion *

Bachelor of Business and Commerce

Bachelor of Civil and Environmental Engineering

Bachelor of Civil and Environmental Engineering (with honours)

* Where more than one award is listed, or in the case of double degrees, where more than one award is listed for one or both components of the double degree, the actual award/s conferred may depend on units/majors/streams/specialisations studied, the level of academic merit achieved (eg in the case of 'with honours' programs), or other factors relevant to the individual student's program of study.

0179 - 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
CRICOS Code013382G
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9905 2327; email: enquiries.clayton@buseco.monash.edu.
Course coordinatorDr. Ross Booth

Description

The generalist Bachelor of Commerce provides a professional education in a range of units related to commerce disciplines, with a strong emphasis on developing the analytical skills and professional competence required for careers in the business or public sector.

Objectives

The learning goals of this course are to:

  • develop an understanding of the key issues facing the Australian and international economy, and the role of business and government in improving the welfare of our societies
  • develop general analytical and technical skills in the faculty disciplines of economic analysis, quantitative and computer methods, accounting and finance, management, marketing, and business law
  • develop specialised analytical and technical skills in one or more of the disciplines taught within the faculty to assist with problem solving in their future careers in business, the public sector and the professions
  • develop effective oral, written and interpersonal communication skills
  • develop a capacity for independent critical analysis and a desire for future learning through examination of the latest ideas and research from Australia and overseas.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major from the list of majors below (this primary major must be selected from majors available on the student's campus of enrolment and all units taken as part of this major must be from the student's campus of enrolment)
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points):

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) at least two units from the following list (12 points):

  • AFC1030 Introduction to financial accounting, or AFC2140 Corporate finance
  • ECC1100 Principles of macroeconomics
  • ETC1010 Data modelling and computing
  • MGC1020 Organisations: contexts and strategies

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units

(b.) eight open electives (48 points)

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses.**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year-level units (60 points)
  • a minimum of six third-year-level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Clayton campus
  • in addition to specific unit prerequisites, second -year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

Units required for specified majors

Cross-discipline majors

Accounting and finance

(a.) the following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) Two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing

Business modelling

(a.) the following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ECC2410/ETC2410/ETC3440 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications

Competition, regulation and public policy

(a.) Two units from the following list:

(b.) six units from the following list:

Finance

(a.) The following three units

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) Six units from the following list:

  • MGC1010 Introduction to management
  • MGC1020 Organisations: contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations, or MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) The following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing

International commerce

(a.) The following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.)six units from the following list:

Labour and employment

(a.) The following six units

(b.) Two units from the following list:

Sustainability

(a.) Two units from the following list:

(b.) the following two units:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • MGC2950 Systems thinking for sustainability: a policy perspective

(c.) four units from the following list:

  • BTC3100 Sustainability and the law
  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • GES2010/GES3010 Global environmental management
  • GES2340/GES3340 Cities and sustainability
  • GES2660 Power and poverty geography of uneven global development
  • GES3220 Tourism and sustainability
  • GES3250 Environmental assessment and decision making
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • MKX2531 Not for profit marketing economy

Discipline majors

Accounting

(a.) the following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance

Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units).

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investments Commission
  • Financial Services Institute of Australasia
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Commerce

0548 - Bachelor of Commerce and Bachelor of Engineering

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/BE
CRICOS Code017105G
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required 252
Duration (years)5.5 years FT, 10 years PT
The course may be completed in five to five-and-a-half years of full-time study at a normal course load (depending on branch of engineering selected). The maximum time for completion is 10 years.
Contact detailsTelephone +61 3 9905 2327, fax +61 3 9905 5499, email enquiries.clayton@buseco.monash.edu.au, or visit http://www.buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This double-degree course is intended for potential engineers who wish to become more aware of economic, social, organisational and managerial aspects of the engineering profession.

Objectives

Refer to the Bachelor of Commerce single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0179.html and the Bachelor of Engineering single degree entry http://www.monash.edu.au/pubs/2009handbooks/courses/0032.html.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major from the Faculty of Business and Economics (all units taken as part of this major must be from the student's campus of enrolment)
  • a prescribed major in the Faculty of Engineering selected from chemical, civil, electrical and computer systems, industrial engineering and engineering management, materials or mechanical engineering.

Requirements

The degree requires completion of between 240 and 252 points over a maximum of 10 years as follows:

(a.) students must complete 16 units (96 points) from the Faculty of Business and Economics as follows:

(i.) completion of six compulsory common core units (36 points):

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) completion of at least two units (12 points) from the following:

  • AFC1030 Introduction to financial accounting, or AFC2140 Corporate finance
  • ECC1100 Principles of macroeconomics
  • ETC1010 Data modelling and computing
  • MGC1020 Organisations: contexts and strategies

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units.

Additional Bachelor of Commerce degree requirements:

  • a maximum of eight first-year-level units (48 points)
  • a minimum of four third-year-level units (24 points) must be from those offered by the faculty on the campus delivering this program
  • in addition to specific unit prerequisites, third-year level units require the successful completion of two second-year level units and second-year level units require the successful completion of four first-year level units

(b.) students must complete between 144 and 156 points from the Faculty of Engineering as follows:

(i.) first year - for all engineering branches of study, students complete six units (36 points) of engineering:

Completion of two compulsory core units (12 points):

three or four electives units (18 - 24 points) from:

none, one or two (depending on VCE subjects completed) transition units (0 - 12 points) from:

(ii.) students are required to complete one of the engineering branches listed below (102 - 120 points).

Majors offered by the Faculty of Business and Economics

Units required for specified majors

Cross-discipline majors

Accounting and Finance

(a.) The following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) Two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing
Business modelling

(a.) The following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ECC2410/ETC2410/ETC3440 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications
Competition, regulation and public policy

(a.) Two units from the following list:

(b.) six units from the following list:

Finance

(a.) The following three units

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) six units from the following list :

  • MGC1010 Introduction to management
  • MGC1020 Organisations: contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations , MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development, or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) The following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing

International commerce

(a.) The following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.) six units from the following list:

Labour and employment

(a.) The following six units

(b.) two units from the following list:

Sustainability

(a.) Two units from the following list:

(b.) the following two units:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • MGC2950 Systems thinking for sustainability: a policy perspective

(c.) four units from the following list:

  • BTC3100 Sustainability and the law
  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • GES2010/GES3010 Global environmental management
  • GES2340/GES3340 Cities and sustainability
  • GES2660 Power and poverty geography of uneven global development
  • GES3220 Tourism and sustainability
  • GES3250 Environmental assessment and decision making
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • MKX2531 Not for profit marketing

Discipline majors

Accounting

(a.) The following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance
Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units)

Branches offered by the Faculty of Engineering

Chemical engineering (120 points)

Second year (24 points)
  • CHE2162 Material and energy balances
  • CHE2163 Heat and mass transfer
  • CHE2164 Engineering thermodynamics
  • ENG2091 Advanced engineering mathematics A
Third year (18 points)
  • CHE2161 Fluid mechanics
  • CHM2735 Chemistry - principles and practice
  • ENG2092 Advanced engineering mathematics B
Fourth year (36 points)
Fifth year (42 points)
  • CHE4161 Engineering in society
  • CHE4162 Particle technology
  • CHE4163 Transport phenomena and numerical methods
  • CHE4170 Design project (12 points)
  • CHE4180 Chemical engineering project (12 points)

Civil engineering (108 points)

This is a new course structure for students entering second year of the program from 2006 onwards. Students who entered second year of the program prior to 2006 should refer to the handbook for the year in which they commenced the course.

Second year (24 points)
  • CIV2206 Mechanics of solids
  • CIV2226 Design of concrete and masonry structures
  • CIV2242 Introductory geoengineering
  • ENG2091 Advanced engineering mathematics A
Third year (24 points)
  • CIV2207 Computing and water systems modelling
  • CIV2225 Design of steel and timber structures
  • CIV2263 Water systems
  • CIV2282 Transport and traffic engineering
Fourth year (36 points)
  • CIV3221 Building structures and technology
  • CIV3222 Bridge design and assessment
  • CIV3247 Geoengineering
  • CIV3248 Groundwater and environmental engineering
  • CIV3264 Urban water and wastewater systems
  • CIV3283 Road engineering
Fifth year (24 points)

and 12 points of electives from the following:

  • CIV3203 Civil engineering construction
  • CIV4211 Project B (enrolment in this unit is by departmental approval only)
  • CIV4234 Advanced structural analysis
  • CIV4235 Advanced structural design
  • CIV4248 Ground hazards and environmental geotechnics
  • CIV4249 Foundation engineering
  • CIV4261 Integrated urban water management
  • CIV4268 Water resources management
  • CIV4283 Transport planning
  • CIV4284 Transport systems

Electrical and computer systems engineering (120 points)

Students should note that considering the high computing content in the engineering programs, the commerce unit AFC2851 (Accounting information systems and financial modelling) may not be taken by BCom/BE students in this branch of engineering.

Second year (24 points)
Third year (24 points)
Fourth year (36 points)
  • ECE3073 Computer systems
  • ECE3091 Engineering design
  • ECE3092 Systems engineering and reliability analysis
  • ECE3093 Optimisation estimation and numerical methods
  • electives totalling 12-points selected from the electrical and computer systems engineering elective units coded ECExxxx
Fifth year (36 points)
  • ECE3062 Electronic systems and control
  • ECE4094 Project A
  • ECE4095 Project B
  • electives totalling 18 points selected from the electrical and computer systems engineering elective units coded ECExxxx

Industrial engineering and engineering management (102 points)

Intake into level 2 of this branch of engineering ceased at the end of 2006.

Fourth year (36 points)
Fifth year (36 points)
  • IND3317 Design III
  • IND3321 Engineering computations
  • IND4309 Engineering project: project thesis A
  • IND4310 Engineering project: project thesis B
  • 12 points of electives selected from level 4 industrial engineering and engineering management units not otherwise taken.

Materials engineering (114 points)

Second year (24 points)
  • ENG2091 Advanced engineering mathematics A
  • MTE2541 Nanostructure of materials
  • MTE2544 Functional materials
  • MTE2545 Polymers and ceramics I
Third year (18 points)
  • MTE2542 Microstructural development
  • MTE2546 Mechanics of materials
  • MTE2547 Structure-property relationships in materials
Fourth year (42 points)
  • MTE3541 Materials durability
  • MTE3542 Microstructural design in structural materials
  • MTE3543 Microstructure to applications: the mechanics of materials
  • MTE3544 Management and practice in materials engineering
  • MTE3545 Functional materials and devices
  • MTE3546 Polymers and ceramics II
  • MTE3547 Materials characterisation and modelling
Fifth year (30 points)
  • MTE4525 Materials engineering project I
  • MTE4526 Materials engineering project II
  • MTE4571 Materials engineering design and practice
  • MTE4572 Polymer/composite processing and engineering
  • MTE4573 Processing and engineering of metals and ceramics

Mechanical engineering (108 points)

Second year (24 points)
Third year (30 points)
Fourth year (42 points)
Fifth year (18 points)
  • MEC4401 Project 1
  • MEC4402 Project 2
  • one 6 point final-year elective from the published list

Note that the units ENG4614/4616 (Schools technology project) may not be taken.

Mechatronics engineering (114 points)

Intake into this branch of engineering ceased at the end of 2005. Students seeking to combine commerce with mechatronics engineering should consider applying for a course transfer into the new Bachelor of Commerce and Bachelor of Mechatronics Engineering double-degree program.

Fourth year (30 points)
Fifth year (30 points)

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Computer Society
  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investment Commission
  • Financial Services Institute of Australasia
  • CPA Australia
  • Financial Product Adviser
  • The institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion *

Bachelor of Commerce

Bachelor of Engineering

Bachelor of Engineering in the field of Mechatronics Engineering

Bachelor of Engineering in the field of Chemical Engineering

Bachelor of Engineering in the field of Civil Engineering

Bachelor of Engineering in the field of Electrical and Computer Systems

Bachelor of Engineering in the field of Materials Engineering

Bachelor of Engineering in the field of Mechanical Engineering

Bachelor of Engineering (with Honours) in the field of Chemical Engineering

Bachelor of Engineering (with Honours) in the field of Civil Engineering

Bachelor of Engineering (with Honours) in the field of Electrical and Computer Systems

Bachelor of Engineering (with Honours) in the field of Materials Engineering

Bachelor of Engineering (with Honours) in the field of Mechanical Engineering

Bachelor of Engineering (with Honours) in the field of Mechatronics Engineering

* Where more than one award is listed, or in the case of double degrees, where more than one award is listed for one or both components of the double degree, the actual award/s conferred may depend on units/majors/streams/specialisations studied, the level of academic merit achieved (eg in the case of 'with honours' programs), or other factors relevant to the individual student's program of study.

 

1319 - Bachelor of Commerce and Bachelor of Economics

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/BEc
CRICOS Code021276J
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required192
Duration (years)4 years FT, 8 years PT
Contact detailsTelephone +61 3 9905 2327; email: enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This double degree provides professional education in a range of commerce disciplines, with a strong emphasis on developing analytical skills. It allows the student increased breadth and depth in the major discipline areas, plus considerable opportunity for studies from other faculties.

Objectives

Refer to the Bachelor of Commerce single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0179.html and Bachelor of Economics single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0023.html.

Structure

The course structure has four main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major from the list of majors below (this primary major must be selected from majors available on the student's campus of enrolment and all units taken as part of this major must be from the student's campus of enrolment)
  • a major in economics or econometrics and business statistics
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a third major.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years as follows:

(a.) twenty-four units (144 points) from the Faculty of Business and Economics in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six core units (36 points):

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) a further four compulsory units (24 points):

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iv.) a major in either economics or econometrics and business statistics (48 points)

  • at least two units (12 points) must be completed at second-year level and two units (12 points) at third-year level

(v.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 24 units

(b.) eight open electives (48 points)

  • may be taken from any Faculty of Business and Economics programs and campuses**
  • may be taken from disciplines offered by another faculty.

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Complementary disciplines that offer a sequence of units (24 points) are:

  • geography and environmental science
  • history
  • politics
  • mathematics
  • sociology
  • philosophy
  • languages (selected from offerings at the Clayton campus).

Additional degree requirements:

  • a maximum of 13 first-year-level units (78 points).
  • a minimum of eight third-year-level units (48 points), of which at least five (30 points) must be from those offered by the faculty at the Clayton campus
  • in addition to specific unit prerequisites, second -year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for specified majors

Cross-discipline majors

Accounting and Finance

(a.) The following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) Two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing

Business modelling

(a.) The following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ECC2410/ETC2410/ETC3440 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications

Competition, regulation and public policy

(a.) Two units from the following list:

(b.) six units from the following list:

Finance

(a.) The following three units

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) Six units from the following list :

  • MGC1010 Introduction to management
  • MGC1020 Organisations: contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations, or MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development, or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) The following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing

International commerce

(a.) The following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.) six units from the following list:

Labour and employment

(a.) The following six units

(b.) two units from the following list:

Sustainability

(a.) Two units from the following list:

(b.) the following two units:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • MGC2950 Systems thinking for sustainability: a policy perspective

(c.) four units from the following list:

  • BTC3100 Sustainability and the law
  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • GES2010/3010 Global environmental management
  • GES2340/3340 Cities and sustainability
  • GES2660 Power and poverty geography of uneven global development
  • GES3220 Tourism and sustainability
  • GES3250 Environmental assessment and decision making
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • MKX2531 Not for profit marketing

Discipline majors

Accounting

(a.) The following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance

Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units)

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investments Commission
  • The Institute of Securities Finance and Banking
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Commerce

Bachelor of Economics

1469 - Bachelor of Commerce and Bachelor of Science

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/BSc
CRICOS Code025447G
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required192
Duration (years)4 years FT, 8 years PT
The maximum time for completion is 10 years.
Contact detailsTelephone +61 3 9905 2327; Email enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This double-degree program offers a range of commerce and business disciplines, with a strong emphasis on developing analytical skills, combined with complementary studies in science. Each science discipline is designed to lead to careers in relevant employment areas.

Objectives

Refer to both the Bachelor of Science single degree entry at www.monash.edu.au/pubs/2009handbooks/courses/0050.html and Bachelor of Commerce single degree entry at www.monash.edu.au/pubs/2009handbooks/courses/0179.html.

Structure

The course structure has four main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major from the Faculty of Business and Economics (all units taken as part of this major must be from the student's campus of enrolment)
  • a major in an area of science
  • a minor in an area of science.

Requirements

The degree requires completion of 32 units (192 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the Faculty of Business and Economics in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points)

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) at least two units from the following list (12 points)

  • AFC1030 Introduction to financial accounting, or AFC2140 Corporate finance
  • ECC1100 Principles of macroeconomics
  • ETC1010 Data modelling and computing

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units.

Additional Bachelor of Commerce requirements:

  • a maximum of eight first year level units (48 points)
  • a minimum of four third year level units (24 points)
  • in addition to specific unit prerequisites, second -year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units

(b.) 16 units (96 points) from the Faculty of Science as follows:

(i.) one core unit (6 points)

  • SCI2010 The practice and application of science

(ii.) a major of eight units (48 points) in an area of science. A science major consists of at least 48 points in one of the following two patterns:

  • 12 points at level 1, 12 points at level 2, 24 points at level 3
  • 12 points at level 1, 18 points at level 2, 18 points at level 3

(iii.) a minor sequence of four units (24 points). A science minor consists of at least 24 points in the following pattern:

  • 12 points at level 1, 12 points at levels 2 or 3

(iv.) additional units from the Faculty of Science to reach the required minimum of 16 units

Additional Bachelor of Science requirements:

  • a minimum of four third year level units (24 points)
  • STA1010 Statistical methods for science is excluded from the double degree.

Units required for specified majors

Cross-discipline majors

Accounting and Finance

(a.) The following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) Two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing

Business modelling

(a.) The following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ECC2410/ETC2410/ETC3440 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications

Competition, regulation and public policy

(a.) Two units from the following list:

(b.) six units from the following list:

Finance

(a.) The following three units

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) Six units from the following list :

  • MGC1010 Introduction to management
  • MGC1020 Organisations: Contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations ,or MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development, or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) The following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing

International commerce

(a.) The following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.)six units from the following list:

Labour and employment

(a.) The following six units

(b.) two units from the following list:

Sustainability

(a.) Two units from the following list:

(b.) the following two units:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • MGC2950 Systems thinking for sustainability: a policy perspective

(c.) four units from the following list:

  • BTC3100 Sustainability and the law
  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • GES2010/GES3010 Global environmental management
  • GES2340/GES3340 Cities and sustainability
  • GES2660 Power and poverty: Geographies of uneven global development
  • GES3220 Tourism and sustainability
  • GES3250 Environmental assessment and decision making
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • MKX2531 Not for profit marketing

Discipline majors

Accounting

(a.) The following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance

Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units).

Professional recognition

This degree with relevant units is recognised by the following legal entities:

  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investments Commission
  • Financial Services Institute of Australasia
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Commerce

Bachelor of Science

3823 - Bachelor of Commerce and Bachelor of Aerospace Engineering

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/BAeroEng
CRICOS Code053186B
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required240
Duration (years)5 years FT, 10 years PT
Contact detailsTelephone +61 3 9905 2327; email: enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

In this double-degree program, the aerospace engineering component will develop strength in the core discipline areas of aerodynamics, aerospace materials, aerospace structures, propulsion and aerospace instrumentation and control, complemented by a major emphasis on design, which will be taught with a project-based focus. In addition, the program provides a professional education in a range of commerce disciplines, with a strong emphasis on developing analytical skills and professional competence for careers in the business or public sector.

Objectives

Refer to the Bachelor of Commerce single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/0179.html and Bachelor of Aerospace Engineering single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/3275.html.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major from the Faculty of Business and Economics (all units taken as part of this major must be from the student's campus of enrolment)
  • a major in aerospace engineering.

Requirements

The degree requires completion of 40 units (240 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the Faculty of Business and Economics in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points):

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) at least two units from the following list (12 points):

  • AFC1030 Introduction to financial accounting, or AFC2140 Corporate finance
  • ECC1100 Principles of macroeconomics
  • ETC1010 Data modelling and computing
  • MGC1020 Organisations: contexts and strategies

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units.

Additional Bachelor of Commerce degree requirements:

  • a maximum of eight first-year-level units (48 points)
  • a minimum of four third-year-level units (24 points) from those offered by the faculty on the Clayton campus
  • in addition to specific unit prerequisites, second -year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

(b.) 24 units (144 points) from the Faculty of Engineering as follows:

(i.) first year - complete six units (36 points) of engineering as follows:

Four compulsory core engineering units (24 points):

those who have not completed VCE units 3 and 4 of Chemistry or Physics and/or Specialist Mathematics must select none, one or two appropriate foundation units (0 - 12 points) from:

plus none, one or two (0 - 12 points) of engineering electives (depending on prerequisites) from the following list:

(ii.) a major in aerospace engineering (102 points) as follows:

Second year

Two engineering units (12 points) as follows:

Third year

Three engineering units (18 points) as follows:

  • MAE2400 Engineering materials, or MTE3541 Materials durability
  • MAE2402 Thermodynamics and heat transfer
  • ENG2092 Advanced engineering mathematics B

Fourth year

Six engineering units (36 points) as follows:

Fifth year

Six engineering units (36 points) as follows:

Majors offered by the Faculty of Business and Economics

Units required for specified majors

Cross-discipline majors
Accounting and finance

(a.) The following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) Two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing
Business modelling

(a.) The following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ECC2410/ETC2410/ETC3440 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications
Competition, regulation and public policy

(a.) Two units from the following list:

(b.) six units from the following list:

Finance

(a.) The following three units:

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) Six units from the following list:

  • MGC1010 Introduction to management
  • MGC1020 Organisations: contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations or, MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development, or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) The following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing
International commerce

(a.) The following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.) six units from the following list:

Labour and employment

(a.) The following six units:

(b.) two units from the following list:

Sustainability

(a.) Two units from the following list:

(b.) the following two units:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • MGC2950 Systems thinking for sustainability: a policy perspective

(c.) four units from the following list:

  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • MKX2531 Not for profit marketing
  • BTC3100 Sustainability and the law
  • GES2010/3010 Global environmental management
  • GES2340/3340 Cities and sustainability
  • GES2660 Power and poverty geography of uneven global development
  • GES3250 Environmental assessment and decision making
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3220 Tourism and sustainability

Discipline Majors

Accounting

(a.) The following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance
Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units)

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investments Commission
  • The Institute of Securities Finance and Banking
  • CPA Australia
  • The Institute of Chartered Accountants in Australia

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion *

Bachelor of Commerce

Bachelor of Aerospace Engineering

Bachelor of Aerospace Engineering (with honours)

* Where more than one award is listed, or in the case of double degrees, where more than one award is listed for one or both components of the double degree, the actual award/s conferred may depend on units/majors/streams/specialisations studied, the level of academic merit achieved (eg in the case of 'with honours' programs), or other factors relevant to the individual student's program of study.

3830 - Bachelor of Commerce and Bachelor of Business Information Systems

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/BBIS
CRICOS Code054820F
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required204
Duration (years)4.5 years FT, 9 years PT
Contact detailsTelephone +61 3 9905 2327; Email enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This double-degree program offers professional education in a range of commerce and information technology disciplines and provides students with the foundation on which further advanced commerce and information technology studies can be undertaken.

Objectives

Refer to the Bachelor of Commerce single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/0179.html and Bachelor of Business Information Systems single degree entry at http://www.monash.edu.au/pubs/handbooks/courses/3333.html.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business
  • a major from the Faculty of Business and Economics (all units taken as part of this major must be from the student's campus of enrolment)
  • a major from the Faculty of Information Technology.

Requirements

The degree requires completion of 34 units (204 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the Faculty of Business and Economics in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points):

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) at least two units from the following list (12 points):

  • AFC1030 Introduction to financial accounting, or AFC2140 Corporate finance
  • ECC1100 Principles of macroeconomics
  • ETC1010 Data modelling and computing
  • MGC1020 Organisations: contexts and strategies

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units

Additional Bachelor of Commerce degree requirements:

  • AFC2851 Accounting information systems and financial modelling is excluded from the double degree
  • a maximum of eight first-year-level units (48 points)
  • a minimum of four third-year-level units (24 points) from those offered by the faculty at the Clayton campus
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

(b.) 18 units (108 points) from the Faculty of Information Technology as follows:

(i.) the following 14 units (84 points) of major studies in business information systems:

  • FIT1001 Computer systems
  • FIT1002 Computer programming
  • FIT1003 IT in organisations
  • FIT1004 Database
  • FIT1005 Networks and data communications
  • FIT1013 IT for business
  • FIT2001 Systems analysis and design
  • FIT2002 Project management
  • FIT2006 Business process modelling and workflow
  • FIT2011 Decision support systems fundamentals
  • FIT2013 e-Business technologies
  • FIT2017 Computer models for business decision making
  • FIT3003 Business intelligence and data warehousing, or FIT3022 Intelligent decision support systems
  • FIT3009 e-Business systems, or FIT3012 Enterprise systems

(ii.) two third-year level Bachelor of Business Information Systems elective units (12 points) chosen from a schedule published by the Faculty of Information Technology

(iii.) a further two elective units (12 points) taken from any faculty within the University.

Additional Bachelor of Business Information Systems degree requirements:

  • a maximum of seven first-year level units (42 points)
  • a minimum of six third-year level units (36 points)
  • first-year students normally may not take a second-year unit until at least four first-year units have been completed successfully.

Note: Double-degree students who take an Industry-Based Learning (IBL) placement stream complete FIT3045 Industry-based learning (18 points) instead of two third-year-level BBIS electives (12 points) and one open elective (6 points).

Units required for specified majors

Cross-discipline majors

Accounting and Finance

(a.) The following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) Two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing

Business modelling

(a.) the following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ECC2410/ETC2410/ETC3440 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications

Competition, regulation and public policy

(a.) Two units from the following list:

(b.) six units from the following list:

Finance

(a.) The following three units

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) Six units from the following list:

  • MGC1010 Introduction to management
  • MGC1020 Organisations: contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations, or MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development, or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) The following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing

International commerce

(a.) The following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.)six units from the following list:

Labour and employment

(a.) The following six units

(b.) two units from the following list:

Sustainability

(a.) Two units from the following list:

(b.) the following two units:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • MGC2950 Systems thinking for sustainability: a policy perspective

(c.) four units from the following list:

  • BTC3100 Sustainability and the law
  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • GES2010/3010 Global environmental management
  • GES2340/3340 Cities and sustainability
  • GES2660 Power and poverty geography of uneven global development
  • GES3220 Tourism and sustainability
  • GES3250 Environmental assessment and decision making
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • MKX2531 Not for profit marketing

Discipline majors

Accounting

(a.) The following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance

Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units)

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Computer Society
  • Australian Institute of Management
  • Australian Marketing Institute
  • Australian Securities and Investments Commission
  • Financial Services Institute of Australasia
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Commerce

Bachelor of Business Information Systems

3834 - Bachelor of Commerce and Bachelor of Mechatronics Engineering

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/BMechatronicEng
CRICOS Code058756K
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required246
Duration (years)5 years FT, 10 years PT
Contact detailsTelephone +61 3 9905 2327; email: enquiries.clayton@buseco.monash.edu.
Course coordinatorDr Ross Booth

Description

This double-degree course is intended for potential engineers who wish to become more aware of economic, social, organisational and managerial aspects of the engineering profession.

Objectives

Refer to the Bachelor of Commerce single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/0179.html and Bachelor of Mechatronics Engineering single degree entry at http://www.monash.edu.au/pubs/2009handbooks/courses/3280.html.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major from the Faculty of Business and Economics (all units taken as part of this major must be from the student's campus of enrolment)
  • a major in Mechatronics Engineering.

Requirements

The degree requires completion of 41 units (246 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the Faculty of Business and Economics in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points)

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) at least two units from the following list (12 points)

  • AFC1030 Introduction to financial accounting or AFC2140 Corporate finance
  • ECC1100 Principles of macroeconomics
  • ETC1010 Data modelling and computing
  • MGC1020 Organisations: Contexts and strategies

(iii.) a major of eight units (48 points):*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units.

Additional Bachelor of Commerce degree requirements:

  • a maximum of eight first-year-level units (48 points)
  • a minimum of four third-year-level units (24 points) from those offered by the faculty on the Clayton campus
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units

(b.) 25 units (150 points) from the Faculty of Engineering as follows:

(i.) first year - complete six units (36 points) of engineering as follows:

Five units (30 points):

plus one foundation unit* (6 points) from:

* This requirement can vary subject to the Victorian Certificate of Education (VCE) subjects (or equivalent) completed.

(ii.) a major in mechatronics (114 points) as follows:

Second year (24 points):

Third year (30 points):

Fourth year (30 points):

Fifth year (30 points):

Units required for specified majors

Cross-discipline majors

Accounting and finance

(a.) The following unit:

  • AFC1000 Principles of accounting and finance

(b.) three accounting units from the following list:

  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2851 Accounting information systems and financial modelling
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation

(c.) three finance units from the following list

  • AFC2000 Financial institutions and markets
  • AFC2140 Corporate finance
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3140 Advanced corporate finance
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(d.) a further unit from the units listed in (b) or (c)

Asian development and transition

(a.) Two units from the following list:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC2890 Economic development of East Asia
  • MGC2130 Asian management

(b.) six units from the following list or units from (a) not previously completed:

  • AFC3220 Comparative international financial reporting
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • BTC2190 International trade law
  • ECC3670 Economics of developing countries
  • MGC2120 Managing international business
  • MGC3120 International management
  • MGC3430 International human resource management
  • MKC3220 International marketing

Business modelling

(a.) The following five units:

  • ETC1010 Data modelling and computing
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • FIT2011 Decision support systems fundamentals

(b.) three units from the following list:

  • AFC3540 Modelling in finance, or FIT3051 Decision support systems for finance
  • ECC2410/ETC2410/ETC3440 Introductory econometrics
  • ECC2440/ETC2440 Mathematics for economics and business
  • ETC2450 Applied forecasting for business and economics
  • FIT2066 Computer programming for business
  • FIT3003 Business intelligence and data warehousing
  • FIT3022 Intelligent decision support systems
  • FIT3102 Operations management systems
  • GES3610 Geographical information systems for business and social science applications

Competition, regulation and public policy

(a.) Two units from the following list:

(b.) six units from the following list:

Finance

(a.) The following three units:

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) Two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) three units from the following list or units from (b) not previously completed:

Human resource management

(a.) Six units from the following list :

  • MGC1010 Introduction to management
  • MGC1020 Organisations: Contexts and strategies
  • MGC2230 Organisational behaviour
  • MGC2410 Industrial relations, or MGC2420 Employee relations
  • MGC2430 Human resource management
  • MGC3420 Human resource development, or MGC3430 International human resource management, or MGX3441 Human resource strategy

(b.) two units from the following list or units from (a) not previously completed:

Information, strategy and decision making

(a.) The following three units:

  • AFC1030 Introduction to financial accounting
  • AFC2131 Cost information for decision making
  • ETC1010 Data modelling and computing

(b.) five units from the following list:

  • AFC2851Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3140 Advanced corporate finance
  • AFC3340 Options, financial futures and other derivatives
  • BTC3150 Taxation law
  • ECC2400 Current issues in applied microeconomics
  • ETC2450 Applied business and economic forecasting
  • ETC2470 Applied business modelling
  • ETC2480 Business modelling methods
  • ETC3490 Business simulation
  • MGC2110 Principles of strategic management
  • MGC3110 Strategic management
  • MGX3441 Human resource strategy
  • MGX3991 Leadership principles and practices
  • MKC2500 Marketing research analysis
  • MKC2130 Marketing decision systems
  • MKC3120 Marketing implementation
  • MKC3130 Strategic issues in marketing

International commerce

(a.) The following two units:

  • AFC1030 Introduction to financial accounting
  • ECC1100 Principles of macroeconomics

(b.) six units from the following list:

Labour and employment

(a.) The following six units:

(b.) two units from the following list:

Sustainability

(a.) Two units from the following list:

(b.) the following two units:

  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • MGC2950 Systems thinking for sustainability: a policy perspective

(c.) four units from the following list:

  • BTC3100 Sustainability and the law
  • ECC2360 Environmental economics
  • ECC3640 Economics of climate change
  • GES2010/3010 Global environmental management
  • GES2340/3340 Cities and sustainability
  • GES2660 Power and poverty geography of uneven global development
  • GES3220 Tourism and sustainability
  • GES3250 Environmental assessment and decision making
  • GES3260 Cultural landscape, environmental sustainability in Italy
  • GES3330 Field studies in regional sustainability
  • GES3350 Resource evaluation and management
  • GES3610 GIS for business and social science applications
  • GES3750 Sharing prosperity; geography of work, regional development and economy
  • GES3810 GIS for environmental management
  • MKX2531 Not for profit marketing

Discipline majors

Accounting

(a.) The following eight units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC2140 Corporate finance
  • AFC3120 Advanced financial accounting
  • AFC3131 Performance measurement and control
  • AFC3160 Auditing and assurance

Business law and taxation

Students need to complete a minimum of eight units offered by the Department of Business Law and Taxation, Clayton campus (BTC or Clayton-based BTX units).

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Management

Students need to complete a minimum of eight units offered by the Department of Management, Clayton campus (MGC or Clayton-based MGX units).

Marketing

Students need to complete a minimum of eight units offered by the offered by the Department of Marketing, Clayton campus (MKC or Clayton-based MKX units)

Award(s) received on completion *

Bachelor of Commerce

Bachelor of Engineering in the field of Mechatronics Engineering

Bachelor of Engineering (with Honours) in the field of Mechatronics Engineering

* Where more than one award is listed, or in the case of double degrees, where more than one award is listed for one or both components of the double degree, the actual award/s conferred may depend on units/majors/streams/specialisations studied, the level of academic merit achieved (eg in the case of 'with honours' programs), or other factors relevant to the individual student's program of study.

2015 - Bachelor of Commerce (Accounting and Finance)

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(Acc&Fin)
CRICOS Code037846D
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9905 2327; Email enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This course provides professional education for those wishing to become accounting and/or finance professionals. It has a strong emphasis on developing analytical skills and offers a solid grounding and professional competence in all aspects of commerce required for careers in the business or public sector.

Objectives

The learning goals of the course are for students to:

  • develop an understanding of the key issues facing the Australian and international economy, and the role of business and government in improving the welfare of our societies
  • develop general analytical and technical skills in the faculty disciplines of economic analysis, quantitative and computer methods, accounting and finance, management, marketing, and business law
  • develop specialised analytical and technical skills in accounting and/or finance to assist with problem solving in their future careers in business, the public sector and the professions
  • develop effective oral, written and interpersonal communication skills
  • develop a capacity for independent critical analysis and a desire for future learning through examination of the latest ideas and research from Australia and overseas.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major in accounting and finance
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points):

  • AFC1000 Principles of accounting and finance
  • BTC1110 Business law
  • ECC1000 Principles of microeconomics
  • ETC1000 Business and economic statistics
  • MGC1010 Introduction to management
  • MKC1200 Principles of marketing

(ii.) a major of 10 units (60 points) in accounting or finance:*

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at second-year level and three units (18 points) at third-year level

* The unit AFC1000 is one of the units in this major and will have already been studied as part of the group of common core units - students will therefore complete an additional unit as detailed below.

(iii.) additional units from the faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 16 units

(b.) eight open electives (48 points):

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses**
  • may be used to complete the requirements for membership of CPA Australia, The Institute of Chartered Accountants in Australia and Financial Services Institute of Australasia. Details of the units required for membership can be found at: http://www.monash.edu.au/pubs/handbooks/undergrad/bus-03.html.

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

Additional degree requirements:

  • a maximum of 10 first-year level units (60 points)
  • a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Clayton campus
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

Units required for the accounting major

(a.) The following five units:

  • AFC1000 Principles of accounting and finance
  • AFC1030 Introduction to financial accounting
  • AFC2120 Financial accounting
  • AFC2131 Cost information for decision making
  • AFC3120 Advanced financial accounting

(b.) five units from the following list:

  • AFC2851 Accounting information systems and financial modelling
  • AFC3131 Performance measurement and control
  • AFC3141 Strategic management accounting
  • AFC3160 Auditing and assurance
  • AFC3220 Comparative international financial reporting
  • AFC3230 Financial analysis and valuation
  • BTC2210 Australian company law
  • BTC3150 Taxation law

Units required for the finance major

(a.) The following three units:

  • AFC1000 Principles of accounting and finance
  • AFC2140 Corporate finance
  • AFC3140 Advanced corporate finance

(b.) two units from the following list:

  • AFC2000 Financial institutions and markets
  • AFC2240 Equities and investment analysis
  • AFC2340 Debt markets and fixed income securities
  • AFC3170 Management of financial intermediaries
  • AFC3230 Financial analysis and valuation
  • AFC3240 International finance, or AFX3871 International study program in banking and finance
  • AFC3340 Options, financial futures and other derivatives
  • AFC3440 Pension and financial planning
  • AFC3540 Modelling in finance
  • AFX3355 Property investment

(c.) five units from the following list or units from (b.) not previously completed:

Discipline majors

Accounting and Finance

Students need to complete a minimum of ten units offered by the Department of Accounting and Finance, Clayton campus (AFC or Clayton-based AFX units).

Professional recognition

This degree with relevant units is recognised by the following legal entities:

  • Australian Securities and Investments Commission
  • Financial Services Institute of Australasia
  • CPA Australia
  • The Institute of Chartered Accountants in Australia.

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Commerce (Accounting and Finance)

0023 - Bachelor of Economics

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 titleBEc
CRICOS Code001447E
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9905 2327; email: enquiries.clayton@buseco.monash.edu.
Course coordinatorDr. Ross Booth

Description

The Bachelor of Economics degree provides a professional education in the disciplines of economics or econometrics and business statistics, with a strong emphasis on developing analytical skills. There are also opportunities for undertaking one third of the degree as elective units from outside the faculty, or from those offered by departments of the faculty on other campuses.

Objectives

The learning goals of this course are to:

  • develop an understanding of the key issues facing the Australian and international economy, and the role of business and government in improving the welfare of our societies
  • develop specialised analytical and technical skills in economics and/or econometrics to assist with problem solving in their future careers in business, the public sector and the professions
  • develop specialised analytical and technical skills from other disciplines taught within the faculty, or in combination with the study of a discipline from outside the faculty
  • develop effective oral, written and interpersonal communication skills
  • develop a capacity for independent critical analysis and a desire for future learning through examination of the latest ideas and research from Australia and overseas.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of commerce
  • a major in either economics or econometrics and business statistics
  • eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty. These open electives can, in some cases, form a second major.

Requirements

The degree requires completion of 24 units (144 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the faculty in the Bachelor of Economics at the Clayton campus as follows:

(i.) six core units (36 points):

(ii.) a major of eight units (48 points):

  • the major must come from the approved list of majors below
  • at least two units (12 points) must be completed at each of second and third-year levels

(b.) eight open electives (48 points) subject to the following conditions:

  • may be taken from disciplines offered by another faculty
  • may be taken from any Faculty of Business and Economics programs and campuses**

** NOTE: Enrolment in units at another campus is subject to there being spare capacity after students from that campus have enrolled.

(i.) additional units from the Faculty of Business and Economics at the Clayton campus to reach the required minimum of 16 units.

Complementary disciplines that offer a sequence of units (24 points) are:

  • geography and environmental science
  • history
  • politics
  • mathematics
  • sociology
  • philosophy
  • languages (selected from offerings at the Clayton campus).

Additional degree requirements:

  • a maximum of 10 first-year-level units (60 points)
  • a minimum of six third-year-level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Clayton campus
  • in addition to specific unit prerequisites, second-year-level units require the successful completion of three first-year-level units and third-year-level units require the successful completion of two second-year-level units.

Units required for specified majors

Economics

Students need to complete a minimum of eight units offered by the Department of Economics, Clayton campus (ECC or Clayton-based ECX units).

Econometrics and business statistics

Students need to complete a minimum of eight units offered by the Department of Econometrics and Business Statistics, Clayton campus (ETC or Clayton-based ETX units).

Award(s) received on completion

Bachelor of Economics

2601 - Bachelor of Psychology and Management/Marketing

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 titleBPsychMgt/Mkt
CRICOS Code033926C
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required144
Duration (years)3 years FT, 6 years PT
Contact detailsTelephone +61 3 9902 6011; email: enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr David Watson

Description

This course aims to produce highly trained and proficient graduates who are well qualified to apply their psychological training to work in a business environment. The content of the program will provide students with excellent training for further postgraduate study in psychology or business.

Objectives

The learning goals of this course are to:

  • take a structured approach to organisational data analysis, problem solving and decision making
  • apply relevant theory, tools and techniques to solving problems in a dynamic organisational environment
  • carry out organisation specific projects and recommend responses to issues and opportunities that may impact on an organisation's performance
  • operate effectively in a multidisciplinary organisational environment while providing specialist advice from a management/marketing perspective
  • approach organisational issues in a professional and socially responsible manner.

Structure

The course structure has three main components:

  • a set of core units which provide an introduction to the key areas of business study
  • a major in psychology
  • a major in either management or marketing (the units taken as part of these studies must be from the student's campus of enrolment).

Requirements

The degree requires completion of 24 units (144 points) over a maximum of eight years as follows:

(a.) Six compulsory units (36 points)

(b.) a major of 10 units (60 points) in psychology:

  • PSY1011 Psychology 1A
  • PSY1022 Psychology 1B
  • PSY2031 Developmental and biological psychology
  • PSY2042 Cognitive and social psychology
  • PSY2051 Research design and analysis
  • PSY2112 Organisational psychology
  • PSY3032 Abnormal psychology
  • PSY3041 Psychological testing, theories of ability and ethics
  • PSY3051 Perception and personality
  • PSY3062 Research methods and theory

(c.) a further seven units (42 points) to complete a major of eight units in either management or marketing*

* Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete additional unit/s.

(d.) completion of the capstone unit PMM3020 Psychology, management and marketing (6 points)

Additional degree requirements:

  • a maximum of 10 first-year level units (60 points)
  • a minimum of seven third-year level units (42 points)
  • in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Units required for specified majors

Management

(a.) The following six units:

(b.) two units from the following list:

  • MGF2341 Managing employee relations
  • MGF2511 Managing quality, innovation and knowledge
  • MGF2661 Human resource management
  • MGF3361 Performance management
  • MGF3381 Managing information systems
  • MGF3681 International management
  • MGX3771 Operations management
  • MGX3991 Leadership principles and practices

Marketing

(a.) The following six units:

(b.) two units from the following list:

Professional recognition

This degree is recognised by the following legal entities:

  • Australian Psychology Accreditation Council (APAC)
  • Australian Marketing Institute
  • Australian Institute of Management (AIM).

Professional recognition may be dependent upon work experience requirements and the correct choice of units.

Award(s) received on completion

Bachelor of Psychology and Management/Marketing

0508 - Honours degree of Bachelor of Business

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 titleBBus(Hons)
CRICOS Code059935K
Managing facultyBusiness and Economics
Study location and modeOn-campus (Caulfield)
Total credit points required48
Duration (years)1 year FT, 2 years PT
Contact detailsTelephone +61 3 9902 6011, fax +61 3 9903 2955, email enquiries.caulfield@buseco.monash.edu.au
Course coordinatorMr Jeff McLean (management stream)
Dr Jan Brace-Govan (marketing stream)
Mr Bill Orow (taxation stream)

Description

This course aims to provide a post-degree level of study for students seeking to widen their knowledge in one of management, marketing or taxation and to expose students to both substantive theory and practice of research in the field of business. The course gives graduates the training necessary to conduct independent high-quality research in either business or academic settings, cultivates analytical and critical skills, and an awareness of emerging developments in business. The course is particularly suited to those who may wish to undertake further study at the higher degree level.

Entry requirements

Applicants need to have attained a minimum average grade of 65 per cent in the final two years of their bachelor's degree in the relevant discipline to be considered.

Structure

The course structure has three main components:

  • studies in research methods
  • honours units from the student's area of specialisation
  • a research report.

Requirements

The degree requires completion of 48 points as follows:

Management stream

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)

Marketing stream

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)

Taxation stream

Option 1 - coursework

Eight units (48 points) from the following list:

  • BTC4320 Finance law
  • BTC4330 Marketing law
  • BTC4373 Industrial bargaining and arbitration
  • BTF4200 Income and deductions
  • 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 GST and other indirect taxes
  • BTF4310 Research project - tax
  • BTX4001 Financial institutions law
  • BTX4100 Sustainability and the law
Variations to Option 1
  • Students may select other appropriate units offered by the Department of Business Law and Taxation, subject to approval by the course coordinator
  • Students may take up to two equivalent units (12 points) from any other department, subject to approval by the course coordinator.

Option 2 - coursework and research

(i.) Completion of six units (36 points) from the units listed in Option 1

(ii.) Completion of BTX4900 Research report (12 points)

Variations to Option 2
  • BTF4310 is a prohibited unit
  • Students take up to four units (24 points) from the units listed in Option 1 and up to two equivalent units (12 points) from any other department, subject to approval by the course coordinator.

Award(s) received on completion

The honours degree of Bachelor of Business

3169 - Honours degree of Bachelor of Business 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 titleBBusCom(Hons)
CRICOS Code042511G
Managing facultyBusiness and Economics
Study location and modeOn-campus (Gippsland, Peninsula, Berwick, Sunway)
Total credit points required48
Duration (years)1 year FT
Contact detailsBerwick: telephone +61 3 9904 7045; email enquiries.berwick@buseco.monash.edu.au
Gippsland: telephone +61 3 9902 6380 or +61 35122 6380; email enquiries.gippsland@buseco.monash.edu.au
Sunway: telephone +60 3 5636 0600; email inquiries@buseco.monash.edu
Course coordinatorProfessor Robert Brooks

Description

This course has been especially designed to offer selected students the opportunity for advanced study in one of the specialist business areas offered by the departments of the Faculty of Business and Economics. Students will also learn how to conduct business-related research at an advanced level.

Entry requirements

Bachelor of Business and Commerce or any combined degree program at Monash University, or an equivalent from an equivalent university or institute. Candidates should normally have obtained a minimum average 65 per cent grade over levels two and three of the undergraduate degree in the specialised area of business units.

Structure

The course structure has three main components:

  • a set of research methods units
  • a set of directed studies units where students can study topics of specific interest
  • a major research report.

Requirements

(a.) Students must complete three core units (36 points):

(b.) students must complete a further two units (12 points):

With the approval of the course director, one or both of the directed studies units may be replaced by approved 4000-level units where these are available.

Units required for specified majors

Honours level studies can be taken in any of the disciplines available within the Bachelor of Business and Commerce degree.

Award(s) received on completion

The honours degree of Bachelor of Business and Commerce

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

0024 - Honours degree of Bachelor of Economics

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 titleBEc(Hons)
CRICOS Code030503F
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.

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.

Management specialisation

Applicants should have completed at least three third-year units taught by the Department of Management.

Marketing specialisation

Applicants should have completed at least three third-year units taught by the Department of Marketing.

Structure

The course structure has two main components:

  • studies in research methods
  • honours units from the student's area of specialisation (economics, econometrics, economics/econometrics, management, marketing)
  • a research report.

Requirements

The degree requires completion of 48 points as follows:

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 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.) 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 students complete a total of three ECC units and two ETC units in (b) or (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.

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 Economics

 

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