Monash University Handbook 2011 Undergraduate - Course

The broad-based, flexible and multi-disciplinary Monash commerce degree provides a thorough understanding of the workings of the economy and business. Through professional training in the commerce disciplines, the course develops a capacity for logical analysis and the knowledge and skills required to manage public and private enterprises.

The Bachelor of 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 internationalised 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.) be able to construct conceptual frameworks and use these to analyse complex issues in the corporate sector, government and the professions.

This degree is recognised by the following legal entities:

• Australian Institute of Management
• Australian Marketing Institute
• Australian Securities and Investments Commission
• Financial Services Institute of Australasia
• Chartered Financial Analysts Institute
• CPA Australia
• 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 commerce
• 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 Commerce at the Clayton campus as follows:

(i.) six compulsory common core units (36 points):

• AFC1000 Principles of accounting and finance
• BTC1110 Business law
• ECC1000 Principles of microeconomics
• ETC1000 Business and economic statistics
• MGC1010 Introduction to management
• MKC1200 Principles of marketing

(ii.) at least two units from the following list (12 points):

• AFC1030 Introduction to financial accounting, or AFC2140 Corporate finance
• ECC1100 Principles of macroeconomics
• ETC1010 Data modelling and computing
• MGC1020 Organisations: contexts and strategies

(iii.) a major of eight units (48 points):*

• the major must come from the approved list of majors 'Areas of study'.
• 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 additional unit/s as detailed below.

(iv.) additional units from the faculty in the Bachelor of Commerce at the Clayton 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 Clayton 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.

Note: Students are required to maintain a 70 per cent average to remain in the program. Students who are unable to maintain the required level of performance in each year will forfeit their participation in the Dean's Scholars Program.

Areas of Study

• Accounting (BCom)
• Actuarial studies
• Business law and taxation
• Business modelling
• Econometrics and business statistics (BCom)
• Economics (BCom)
• Finance (BCom)
• Human resource management (BCom)
• International commerce
• Management (BCom)
• Marketing (BCom)
• Sustainability

Bachelor of Commerce