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.
The Bachelor of Business and Commerce 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 international world
- exhibit cross cultural competence
- demonstrate ethical values
(c.) have a comprehensive understanding of their discipline and are able to provide discipline based solutions relevant to the business, professional and public policy communities that we serve
(d.) have capacity to integrate and synthesise knowledge from across disciplines to create innovative applications in organisational settings.
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
- Financial Services Institute of Australasia
- National Institute of Accountants
- The Institute of Chartered Accountants in Australia.
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.
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.
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 the student's campus of enrolment as follows:
(i.) six compulsory common core units (36 points):
- AFW1000 Principles of accounting and finance
- BTW1200 Business law
- 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
(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 (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.**
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 student's 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.
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
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)
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
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 organisations
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 C
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)
- BTW2313 Malaysian corporate governance (S)
- BTW3153 Malaysian income tax law (S)
- BTW3201 International trade law (S,OCL)
- 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)
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
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 (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 Business 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
Finance and macroeconomics
(Berwick, Gippsland, OCL)
The following eight units:
- AFW1300 Money and capital markets
- AFW2631 Financial management
- AFW2851 Accounting information systems and financial modelling
- AFW3121 Investments and portfolio management
- ECW1102 Introductory macroeconomics
- ECW2730 Macroeconomic policy
- ECW2721 Trade finance and foreign exchange
- ECW3143 Economics of money and banking
Human resource management
(Berwick, Gippsland, OCL, Peninsula, South Africa)
(a.) The following two units:
(b.) six of the following units:
- BTW3241 Employment law (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)
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, 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
Management
(South Africa only)
(a.) The following eight units:
- MGW1010 Introduction to management
- MGW1100 Managerial communication
- MGW2511 Managing quality, innovation and knowledge
- MGW2230 Organisational behaviour
- MGW3130 Organisational change and development
- MGW3210 Organisational wellness
- MGW3401 Strategic management
- MGX3991 Leadership principles and practices
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
- MGX2501 Introduction to tourism
- MKW2402 Consumer behaviour
- MKX3200 Sport marketing and sponsorship
Tourism
(Berwick)
(a.) The following seven units (42 points):
(b.) one of the following units (6 points):
Bachelor of Business and Commerce
