Monash University Handbook 2011 Undergraduate - Course

This double-degree course aims to produce graduates who are equipped to meet the challenges of a rapidly changing business environment and to operate effectively in the new and deregulated financial markets sector. Students will also gain an understanding of the external environment within which business operates, with particular emphasis on Australia's international context.

The Bachelor of Business (Accounting) and Bachelor of Business (Banking and Finance) 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
• Chartered Financial Analysts Institute
• CPA Australia
• Financial Services Institute of Australasia
• 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
• majors in accounting and banking and finance (all units taken as part of these majors 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 third major.

The degree requires completion of 32 units (192 points) over a maximum of 10 years of study as follows:

(a.) 24 units (144 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 10-unit major* in accounting (60 points).

• the requirements of the majors are listed under 'Areas of study'

(iii.) a 10-unit major* in banking and finance (60 points).

• the requirements of the majors are listed under 'Areas of study'
• for each major, at least two units (12 points) must be completed at each of second and third-year levels

*Note: Depending on the major chosen, one or more of the units in the major may have already been studied as part of the group of common core units - where this is the case, students will complete an additional unit as detailed below.

(iv.) additional units from the faculty in the Bachelor of Business at the Caulfield campus to reach the required minimum of 24 units (144 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 13 first-year-level units (78 points)
• a minimum of eight third-year-level units (48 points), of which at least five units (30 points) must be from those offered by the faculty at the Caulfield campus.

In addition to specific unit prerequisites, third-year level units require the successful completion of two second year-level units and second year-level units require the successful completion of three first-year level units.

Areas of Study

Business (Accounting) and Business (Banking and Finance) majors

• Accounting (BBus(Acc))
• Banking and Finance (BBus(Bkg&Fin))

Bachelor of Business (Accounting)

Bachelor of Business (Banking and Finance)