Monash University Handbook 2010 Undergraduate - Course

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.

The Bachelor of Business (Accounting) aims to produce graduates who will:

(a.) be critical and creative scholars who:

• produce innovative solutions to problems
• apply research skills to business challenges
• communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

• engage in an internationalised world
• exhibit cross cultural competence
• demonstrate ethical values

(c.) have a comprehensive understanding of their discipline and be are able to provide discipline based solutions relevant to the business, professional and public policy communities that we serve

(d.) have a well developed understanding of multi disciplinary decision making in organisations.

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.

For further details visit http://www.buseco.monash.edu.au/asg/cds/publications/professional-recognition.html.

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.

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):

• AFF1000 Principles of accounting and finance
• BTF1010 Commercial law
• ECF1100 Microeconomics
• ETX1100 Business statistics
• MGF1010 Introduction to management
• MKF1120 Marketing theory and practice

(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 (96 points)

(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 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 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

Bachelor of Business (Accounting)