Monash University Handbook 2010 Undergraduate - Course

The course provides a tertiary education for people interested in fast-track career progression in business. It is designed to provide either a detailed knowledge in a single field of business and commerce or broad fundamental knowledge of general principles and applications of business and commerce in two chosen fields of study.

The Associate Degree in 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 an understanding of their discipline and who are able to provide discipline based solutions to business problems.

(d.) have capacity to integrate and synthesise knowledge from across disciplines to create innovative applications in organisational settings.

The course structure has two main components:

• a set of core units which provide an introduction to the key areas of business study
• further studies from Faculty of Business and Economics units available on the student's campus of enrolment. These studies must form either a major or two sub-majors.

The degree requires completion of 16 units (96 points) over a maximum of eight years as follows:

(a.) four compulsory common core units (24 points) from:

• AFW1000 Principles of accounting and finance
• BTW1200 Business law
• ECW1101 Introductory microeconomics
• ETW1102 Business statistics
• MGW1010 Introduction to management
• MKW1120 Marketing theory and practice

(b.) eight units (48 points) from the Faculty of Business and Economics as follows:*

(i.) option one:

• a major of at least eight units (48 points) in a discipline from the faculty with at least two units (12 points) at each of second and third-year level

(ii.) option two:

• completion of two sub-majors of at least four units each (24 points) in disciplines from the faculty

(c.) a further four units (24 points) subject to the following conditions:

• an option to include a maximum of four units (24 points) in disciplines taught by other faculties.

Additional requirements:

• a maximum of eight first-year-level units (48 points)
• 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.

* Depending on the major or sub-majors chosen, some of the units may have already been studied as part of the group of common core units - where this is the case, students will select alternative units from the faculty to complete requirement (b.).

Units required for specified majors

Accounting (part-time only)**

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

** Additional units required for professional accreditation: BTW2220 (Corporations law and trusts) and ECW1102 (Introductory macroeconomics).

Business law

(Off-campus learning)

(a.) The following unit:

• BTW1200 Business law

(b.) seven of the following units:

• BTW2220 Corporations law and trusts
• BTW2223 Corporate crime
• BTW3201 International trade law
• BTW3221 Taxation law and practice
• BTW3240 Administrative law
• BTW3241 Employment law
• BTW3242 Business taxation and GST
• BTW3641 Information technology law

Economics

(a.) The following three units:

• ECW1101 Introductory microeconomics
• ECW1102 Introductory macroeconomics
• ECW2730 Macroeconomic policy

(b.) five of the following units:

• ECW2141 Economics of labour markets
• ECW3121 Economics of international trade
• ECW3143 Economics of money and banking
• ECW3146 Regional development and policy
• ECW3830 Business competition and regulation
• ECX2123 Economics of innovation and high technology

Human resource management

(a.) The following two units:

• MGW1010 Introduction to management
• MGW2430 Human resource management

(b.) six of the following units:

• BTW3241 Employment law
• ECW2141 Economics of labour markets
• MGW2230 Organisational behaviour
• MGW2322 Recruitment and selection
• MGW2323 Employment relations
• MGW3130 Organisational change and development
• MGW3430 International human resource management

Management

(a.) The following three units:

• MGW1010 Introduction to management
• MGW2230 Organisational behaviour
• MGW3401 Strategic management

(b.) a further five units (30 points) offered by the Department of Management on the student's home campus subject to the following condition:

• a maximum of two units (12 points) may be taken from units offered in the tourism major

Marketing

(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.) one further unit from units offered by the Department of Marketing.

Associate Degree in Business and Commerce