Monash University Handbook 2010 Postgraduate - Course

This course provides a fourth year of study for students who do not have an honours degree in their chosen field of study.

The learning goals associated with this course are to:

• extend disciplinary competence and develop an in depth knowledge if a specialist area in business and economics
• develop comprehensive skills to plan and undertake rigorous research
• develop technical and analytical skills and the ability to effectively communicate research findings
• develop research skills and potential in order to articulate to a higher degree by research.

The course structure has three main components:

• studies in research methods
• honours units from the student's area of specialisation (economics, econometrics, economics and econometrics, management, marketing)
• a research report.

The degree requires completion of 48 points in an area of specialisation as follows:

Accounting

Semester one

(a.) Two compulsory units (12 points):

• AFX4000 Research methods
• AFX4010 Research proposal

(b.) 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:

• AFX4030 Advanced modelling in finance
• AFX4060 Issues in corporate finance
• AFX4080 Issues in banking

Semester two

(a.) Research dissertation (18 points):

• AFX4018 Research dissertation

(b.) one elective unit (6 points) from any honours units 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

(a.) One core unit (12 points):

• ETC4860 Research paper

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

• ETC4010 Reading unit
• ETC4400 Econometric theory
• ETC4410 Applied econometrics 2
• ETC4420 Microeconometrics
• ETC4430 Quantitative economic policy
• ETC4460 Financial econometrics 2
• ETC4480 Optimisation for management
• ETC4541 Special topics in econometrics

(c.) up to three further honours units (18 points) subject to the following conditions:

• a maximum of three units from honours units offered by the Department of Economics or the School of Mathematical Sciences (Faculty of Science)
• 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

(a.) Three compulsory units (24 points):

• ECC4650 Microeconomics
• ECC4660 Macroeconomics
• ECC4860 Research paper (12 points)

(b.) four units (24 points) from the following list:

• ECC4670 Development economics
• ECC4690 International trade policy
• ECC4700 Competition, regulation and policy
• ECC4710 Post-Keynesian economics
• ECC4720 Law and economics
• ECC4790 Project evaluation
• ECC4810 Public economics
• ECC4830 Welfare economics
• ECC4840 Economics of industry, institution and organisation
• ECC4850 Mathematical economic theory
• ECC4870 Health economics
• ECC4990 Economic evaluation of health services
• ETC4430 Quantitative economic policy

Students can vary this list subject to the following conditions:

• a maximum of two honours units from the departments of Accounting and Finance, Business Law and Taxation, or Econometrics and Business Statistics.
• 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

(a.) One core unit (12 points):

• ECC4860/ETC4860 Research paper

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

• ECC4650 Microeconomics
• ECC4660 Macroeconomics
• ETC4410 Applied econometrics 2
• ETC4420 Microeconometrics

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

• ECC4690 International trade policy
• ECC4700 Competition, regulation and policy
• ECC4710 Post-Keynesian economics
• ECC4720 Law and economics
• ECC4750 Financial economics
• ECC4790 Project evaluation
• ECC4810 Public economics
• ECC4830 Welfare economics
• ECC4840 Economics of industry, institution and organisation
• ECC4850 Mathematical economic theory
• ECC4870 Health economics
• ECC4990 Economic evaluation of health services
• ETC4400 Econometric theory
• ETC4430 Quantitative economic policy
• ETC4460 Financial econometrics 2
• ETC4480 Optimisation for management
• ETC4541 Special topics in econometrics

Additional requirements:

• students must complete at least three ECC units and two ETC units from sections (b) and (c)

Students must have their enrolment approved by the heads, or nominees of the departments of Economics, and Econometrics and Business Statistics.

Finance

Semester one

(a.) Two compulsory units (12 points):

• AFX4000 Research methods
• AFX4010 Research proposal

(b.) two of the following units (12 points):

• AFX4030 Advanced modelling in finance
• AFX4060 Issues in corporate finance
• AFX4080 Issues in banking

Semester two

(a.) Research dissertation (18 points)

• AFX4018 Research dissertation

(b.) 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

Semester one

(a.) Two finance units (12 points) from the following:

• AFX4030 Advanced modelling in finance
• AFX4060 Issues in corporate finance
• AFX4080 Issues in banking

(b.) two econometric units (12 points) from the following:

• ETC4400 Econometric theory
• ETC4410 Applied econometrics 2
• ETC4420 Microeconometrics

Semester two

(a.) Research project (12 points)

• AFX4012 Research project

(b.) one compulsory unit (6 points)

• ETC4460 Financial econometrics 2

(c.) 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

Five compulsory units (48 points):

• MGX4000 Introductory management research methods
• MGX4100 Perspectives and paradigms in management theory
• MGX4200 Data analysis for organisational research
• MGX4300 Contemporary issues in management
• MGX4400 Research thesis (24 points)

Students must have their enrolment approved by the head, or nominees of the Department of Management.

Marketing

Five compulsory units (48 points):

• MKX4050 Marketing theory
• MKX4060 Marketing research practice
• MKX4070 Qualitative methods: paradigms and approaches
• MKX4080 Quantitative research methods in marketing
• MKX4900 Independent research project (24 points)

Students must have their enrolment approved by the head, or nominees of the Department of Marketing.

Taxation law

Eight units (48 points) from the following list:

• BTF4200 Income and deductions
• BTF4210 Taxation of trusts and partnerships
• BTF4220 Taxation of companies and shareholders
• BTF4230 Taxation of capital gains
• BTF4240 Workplace taxation
• BTF4250 Business tax planning
• BTF4260 Tax administration and policy
• BTF4270 Superannuation and retirement benefits
• BTF4280 Taxation of international transactions
• BTF4290 Business transactions taxes
• BTF4310 Research project

Students who successfully complete the Postgraduate Diploma in Economics and Commerce, with a grade of distinction, may be eligible for admission to course 3194 Master of Philosophy.

Postgraduate Diploma in Economics and Commerce