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Postgraduate Handbook 2009 - Faculty of Business and Economics

Business and Economics

 

Faculty information

Course information

Course-related policies and rules

Introduction to the faculty

The Faculty of Business and Economics offers its programs on the Berwick, Caulfield, Clayton, Gippsland and Peninsula campuses in Victoria, the Sunway campus near Kuala Lumpur in Malaysia and the Monash South Africa campus near Johannesburg. The faculty has over 19,000 students enrolled in undergraduate degrees, masters degrees by both research and coursework, and the doctor of philosophy degree.

The Faculty of Business and Economics is accredited by the Brussels-based European Federation of Management Development to European Quality Improvement System (EQUIS) standards and currently seeking accreditation to The Association to Advance Collegiate Schools of Business Standards. Accreditation establishes Monash's Faculty of Business and Economics as one of the world's leading higher education institutions in management and business administration. At a program level the Faculty’s MBA program is internationally accredited by the London-based Association of MBAs (AMBA).


Monash Graduate School of Business - Faculty of Business and Economics

Created to serve as a focus for all the Monash graduate programs in business, the Monash Graduate School of Business (GSB) is a totally different kind of business school - combining excellence and innovation with diversity. Monash GSB programs include higher degrees by research - PhD and MPhil; specialist masters degrees in accounting, banking, business law, diplomacy and trade, economics, econometrics, finance, human resource management, management, marketing, public policy and management, risk management and work and employment relations. The GSB also offers a number of inter-faculty double degrees and is the home of the highly-ranked Monash MBA and the flexible and innovative Master of Business. Further details on the range of programs can be found at http://www.monash.edu.au/pubs/handbooks/postgrad/bus-courses.html.

Most coursework programs are offered on the Caulfield campus. Facilities on this campus include state of the art teaching and studying facilities, designated postgraduate lounges, full wireless connectivity, multiple IT labs, and leading edge theatrettes.

Contact details

Telephone: +61 3 9903 1400; website: http://www.gsb.monash.edu.au

Coursework programs

Program structures

Coursework masters degrees and related graduate and postgraduate diplomas are offered across the full spectrum of business disciplines. Students who wish to exit their masters studies after completion of four or eight units may apply for an early exit with a graduate certificate (four units) or graduate diploma (eight units).

The executive certificate is designed to cater for managers who have significant experience but do not have a first degree. The executive certificate provides an entry point to masters degrees for students who obtain an average grade of credit or above.

Further details on the range of programs can be found at http://www.monash.edu.au/pubs/handbooks/postgrad/bus-courses.html.

Coursework discipline areas

Monash GSB offers a variety of programs to suit students from different backgrounds and with different aspirations. Most masters coursework degrees in the GSB comprise 12 or 16 units in the following disciplines: accounting, banking, business, business administration, business law, diplomacy and trade, economics, econometrics, finance, human resource management, management, marketing, public policy and management, risk management and work and employment relations.

Research degrees - Faculty of Business and Economics

Program structures

The following research degrees are available: Doctor of Philosophy (PhD) and Master of Philosophy (MPhil). See the Outline of courses for further details.

Research discipline areas

The following provides information on the principal areas of research in each of the departments of the faculty.

Accounting and Finance

Accounting information systems; Asian capital markets; banking; corporate finance; corporate governance; derivative securities; financial accounting; financial institutions and markets; financial reporting and auditing; institutional treasury operations; investment management; management accounting; and regulatory policy and risk management.

Business Law and Taxation

Asian business law; banking law; business law; capital gains tax; company law; corporate accountability; corporate social responsibility; consumer law; contract law; goods and services tax; finance law; income tax law; intellectual property law; marketing law; media law; securities law; stock exchange law; superannuation and taxation law; and workplace relations law.

Econometrics and Business Statistics

Applied econometrics; Bayesian econometrics; business statistics; constrained statistical inference; financial econometrics; forecasting and modelling; hypothesis testing; microeconometrics; macroeconometrics; theoretical econometrics; and time series analysis.

Economics

Asian business and economic development; South Asian studies; development economics; economic history, including Australian urban history; environmental economics; foreign direct investment; health economics and health program evaluation; international trade and capital movements; labour economics; macroeconomic theory and application; mesoeconomics; microeconomic theory and application; new classical economics; economics of institutions, organisations and public choice; public policy; economics of transport and tourism; welfare economics; applied economic research and economic modelling; behavioural economics; experimental economics; financing and organisation of health systems, health service evaluation, priority setting and allocative efficiency, and outcome measurement.

Management

Research in the Department of Management is represented by five research groupings: ACREW (human resource management, international human resource management and industrial/employee relations); SEIRnet (general management, public sector management and public policy, parliamentary studies, organisational behaviour, strategic management, change management, systems and actions research, knowledge management, leadership, diversity and cross-cultural management, emotions research, human value and development, social inclusion and well-being, positive psychology); TRU (tourism management and tourism economics); ASCMRU (operations and technology management, quality management, supply chain management, total quality management and processes, family and small business management); and IBRU (international business, international management).

Marketing

Brand positioning; business marketing and technology; consumer behaviour; electronic marketing; international marketing; marketing theory and models; market communications; non-profit and social marketing; product development; relationship marketing; retailing; services marketing; strategies and policies in marketing; supply chain management; interactive marketing; and sport marketing.

Faculty research centres and units

  • Asian Business and Economics Research Unit
  • Australian Centre for Research in Employment and Work
  • Australian Supply Chain Management Research Unit
  • Banking and Finance Unit (Sunway campus)
  • Business and Economic Forecasting Unit
  • Centre for Health Economics
  • Centre for Increasing Returns and Economic Organisation
  • Centre for Modelling of Stochastic Systems
  • Centre of Policy Studies
  • Consumers and Retail Research Unit
  • Economic and Business Modelling Unit (Sunway campus)
  • Family and Small Business Research Unit
  • Malaysian Business Unit (Sunway campus)
  • Monash Tourism Research Unit
  • Taxation Law and Policy Research Institute
  • Work and Employment Rights Research Centre

 

Unit codes - Faculty of Business and Economics

Units are listed in alphabetical and then numerical order. The first two alphabetical characters of the unit code usually indicate the departmental ownership of the unit:

  • AF - Accounting and Finance
  • BT - Business Law and Taxation
  • ET - Econometrics and Business Statistics
  • EC - Economics
  • MG - Management
  • MK - Marketing

The third alphabetical character indicates campus:

  • B - Berwick
  • F - Caulfield
  • C - Clayton
  • G - Gippsland
  • P - Peninsula
  • X - Multi-campus or multi-family

The exceptions to this rule are:

  • MBA - units offered in the MBA programs
  • GSB - units which are offered through the Graduate School of Business

The first digit indicates the year level at which the unit is available and the remaining digits indicate the unit number:

  • 4xxx - Fourth-year-level units offered in honours and postgraduate degrees that assume prior knowledge of the discipline at the preceding levels and that build on knowledge gained in an undergraduate degree in a related discipline and relevant employment experience.
  • 5xxx - Fifth-year-level units offered in those cumulative masters degrees that assume prior knowledge of the discipline at the preceding levels, and units offered in some other masters degrees that build on knowledge gained through previous study in a related discipline and relevant employment experience.
  • 6xxx - Sixth-year level doctoral units that assume prior knowledge of the discipline at the preceding levels.
  • 9xxx - Accelerated learning units offered in graduate courses that assume no prior knowledge of the discipline at a preceding level but building on knowledge and skills gained through previous study in another discipline area and/or relevant employment experience.

Professional recognition - Faculty of Business and Economics

The Faculty of Business and Economics offers both specialist and generalist degrees that enable graduates to satisfy educational requirements for professional registration or membership. During the course of their studies, students should be careful to ensure the units they take are those required for the profession of their choice. The following information provides details of the units required for selected professional registration or membership. Students granted credit are advised that each professional body reserves the right to reject an application for membership if the credit is not in accord with its guidelines.

Accounting

The faculty offers specially designed programs that enable candidates to satisfy educational requirements of CPA Australia (CPAA), The Institute of Chartered Accountants in Australia (ICAA) and the National Institute of Accountants (NIA). The on-campus programs at the Caulfield campus are the Master of Professional Accounting, which is a pathway to associate membership of CPAA and the NIA and the Master of Business (Accounting) which is a pathway for advancement from associate membership to CPA status.

CPA Australia: associate membership of CPA Australia and National Institute of Accountants.

The following list of units satisfy the educational requirements of CPAA and the NIA. Students enrolled in the 12-unit Master of Professional Accounting or 16-unit Master of Professional Accounting (Advanced) must include all the units in their program. Candidates who do not hold an Australian bachelor degree or an overseas qualification deemed by Australian Educational International, National Office of Overseas Skills Recognition (AEI-NOOSR) to be equivalent to an Australian bachelor degree must complete the 16-unit Master of Professional Accounting.

Caulfield: on-campus

The Institute of Chartered Accountants in Australia (ICAA): entry to the Chartered Accountants Program

The following list of units is accredited by the ICAA. Graduates who hold an Australian bachelor degree or an overseas qualification deemed by AEI-NOOSR to be equivalent to an Australian bachelor degree and complete successfully all the units will satisfy the educational requirements for admission to the Chartered Accountants Program. It should be noted that full membership of the ICAA requires completion of mentored work experience and the Chartered Accountants Program, which comprises four technical modules and one final integrative module.

Caulfield: on-campus

Gippsland: off-campus

Banking, finance and securities industries: membership of the Financial Services Institute of Australasia (FINSIA)

Graduates of the Master of Applied Finance and Master of Business (Banking and Finance) meet the educational components of the criteria for membership at the senior associate (SA Fin) level.

Membership of The Finance and Treasury Association Ltd

Graduates of the Master of Applied Finance and Master of Business (Banking and Finance) meet the education criteria for membership at Certified Finance and Treasury Professional (CFTP) level.

Management: affiliate status with the Australian Institute of Management (AIM)

Many of the postgraduate programs offered by the faculty satisfy the educational qualifications for affiliate status. Affiliates can advance to member within five years or less if they can meet AIM's requirement of proven management achievement.

Marketing: associate membership of the Australian Marketing Institute (AMI)

Graduates who major in marketing will satisfy the educational requirements for admission as an associate member. Membership of AMI is graded into categories which reflect members' practical experience, professional achievements and formal education. Associate members are encouraged to upgrade their status as their career progresses.

Risk management: membership of the Risk Management Institution of Australasia (RMIA)

Master of Risk Management graduates who have five years of recognised work experience in area of risk management will satisfy the educational requirements for admission as a Member of RMIA.

Courses offered in 2009 - Faculty of Business and Economics

Research

  • 3194 Master of Philosophy
  • 0029 Doctor of Philosophy

Coursework

Executive certificates

  • 1822 Executive Certificate in Business

Graduate certificates

  • 3841 Graduate Certificate in Commercialising Research
  • 2680 Graduate Certificate in Health Economics
  • 2681 Graduate Certificate in Pharmacoeconomics

Graduate diplomas

  • 0748 Graduate Diploma in Accounting
  • 3816 Graduate Diploma in Applied Econometrics
  • 0396 Graduate Diploma in Banking and Finance
  • 2642 Graduate Diploma in Diplomacy and Trade
  • 0172 Graduate Diploma in Economic Studies
  • 3807 Graduate Diploma in Health Economics and Policy
  • 2778 Graduate Diploma in Human Resource Management
  • 0397 Graduate Diploma in International Business
  • 0319 Graduate Diploma in Management
  • 1506 Graduate Diploma in Public Policy and Management
  • 0201 Graduate Diploma in Work and Employment Relations
  • 1741 Graduate Diploma of Business (Management)

Postgraduate diplomas

  • 3845 Postgraduate Diploma in Business and Commerce
  • 0171 Postgraduate Diploma in Economics and Commerce
  • 0967 Postgraduate Diploma in Health Economics and Evaluation

Masters degrees

Single awards
  • 3822 Master of Applied Econometrics
  • 3818 Master of Applied Finance
  • 3844 Master of Business
  • 3842 Master of Business Economics
  • 0503 Master of Business (Accounting)
  • 0504 Master of Business (Banking and Finance)
  • 3840 Master of Business (Science and Technology)
  • 0028 Master of Business Administration
  • 3159 Master of Business Law
  • 3164 Master of Business Management
  • 2643 Master of Diplomacy and Trade
  • 2099 Master of Human Resource Management
  • 2098 Master of International Business
  • 0105 Master of Management
  • 2276 Master of Marketing - for career marketing professionals
  • 3802 Master of Marketing - for early career marketers
  • 3810 Master of Marketing - online
  • 0790 Master of Professional Accounting
  • 0826 Master of Professional Accounting (Advanced)
  • 1065 Master of Public Policy and Management
  • 3153 Master of Risk Management
  • 0200 Master of Work and Employment Relations
Double awards
  • 3850 Master of Applied Finance and Master of Business (Accounting)
  • 4401 Master of Business (Accounting) and Master of Business Law
  • 3189 Master of Business Administration and Master of Applied Finance
  • 3183 Master of Business Administration and Master of Business Law
  • 3197 Master of Business Administration and Master of Commercial Law
  • 3839 Master of Business Administration and Master of Corporate Environmental and Sustainability Management
  • 3198 Master of Business Administration and Master of Health Services Management
  • 3184 Master of Business Administration and Master of Human Resource Management
  • 3196 Master of Business Administration and Master of Laws (Commercial Law)
  • 3185 Master of Business Administration and Master of Marketing
  • 3849 Master of Business Administration and Master of Professional Accounting
  • 3191 Master of Business Administration and Master of Risk Management
  • 4402 Master of Business and Master of Professional Accounting
  • 3843 Master of Professional Accounting and Master of Business Law
  • 3847 Master of Work and Employment Relations and Master of Business Law

Courses with no further intake

For information on the following courses, which are not offered in 2009, refer to the archived 2008 Postgraduate Handbook available online at http://www.monash.edu.au/pubs/2008handbooks:

  • 3186 Doctor of Business Administration
  • 1743 Graduate Diploma in Accounting
  • 0399 Graduate Diploma in Taxation
  • 2619 Master of Applied Finance (Stream B)
  • 1437 Masters of Taxation
  • 3190 Master of Business Administration and Master of Business Systems
  • 3195 Master of Business Administration and Master of Information Management and Systems
  • 3837 Master of Business Administration and Master of International Development and Environmental Analysis


13 October 2017 04 May 2024

 
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