Monash University Handbook 2010 Undergraduate - Course

The Bachelor of Arts is a general, flexible degree which allows students to match academic interests with career aspirations to create a personalised course progression. Studying humanities will develop general knowledge and specific intellectual skills relating to human thought and relations, such as the way we communicate or how the past has affected the present. Social science analyses and explains societies and the relationships of individuals within those societies.

The Bachelor of Business (Banking and Finance) component of this double degree is designed for those seeking a career in the banking and finance industry, especially in commercial and investment banking, corporate finance, stock markets, capital markets and derivative markets.

This course provides specialist study in a number of key functional areas of relevance to financial institutions and markets and the core business foundation units,* combined with the broad teaching and learning objectives of the Bachelor of Arts degree.

* For details of the objectives of the Bachelor of Business (Banking and Finance) refer to the single degree course entry at http://www.monash.edu.au/pubs/handbooks/courses/0312.html.

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

This course consists of 96 points in the arts component and 96 points in the business (banking and finance) component.

Areas of study

For information on arts majors and minors, refer to the 'Areas of study' section in this Handbook at http://www.monash.edu.au/pubs/handbooks/aos/index-ug-byfaculty-arts.html.

Arts component

Students complete:

(a.) an arts discipline major (48 points)

(b.) an arts discipline minor (24 points)

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

(d.) a further 12 points in arts units

Banking and finance component

Students complete:

(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 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.

Additional business (banking and finance) component 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 Caulfield campus
• in addition to specific unit prerequisites, second-year leve l 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.

Major in banking and finance

Students complete six specified units (36 points):

• 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

plus four units from the following:

• 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
• AFX3871 International study program in banking and finance
• BTF2601 Banking law
• ECF1200 Macroeconomics
• ECF2331 Monetary theory and policy
• ETF3300 Quantitative methods for financial markets
• ETX2121 Data analysis in business

Students cannot graduate from either degree until they have satisfied the above requirements and successfully completed studies to the value of 144 points.

Bachelor of Arts

Bachelor of Business (Banking and Finance)