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Monash University Handbook 2011Postgraduate courses by faculty: Faculty of Business and EconomicsFaculty of Business and Economics courses collation-pg-byfaculty-bus 1822 - Executive Certificate in BusinessThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThe course is designed as an alternate entry point for experienced managers with no formal tertiary qualifications. The broad structured certificate allows students to choose introductory units from a range of business disciplines as preparation for articulation to a masters coursework degree. ObjectivesThe learning goals associated with this course are to:
StructureThis course comprises four units. RequirementsStudents must complete any four units (24 points) at 9000-level from the Faculty of Business and Economics. Students intending to articulate to a masters coursework degree should refer to the degree structure of their intended masters program and ensure their selection of units within the executive certificate will facilitate the maximum credit upon articulation. Students intending to articulate to the Master of Professional Accounting must select the following three units (18 points):
plus one unit (6 points) from the following list: Progression to further studiesStudents who successfully complete the Executive Certificate in Business may be eligible for admission to a masters program in the Faculty of Business and Economics subject to satisfying the prerequisite requirements specific to that masters program. Award(s)Executive Certificate in Business 1679 - Graduate Certificate in BusinessThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis generic course is a stand-alone award, or a pathway to a graduate diploma or masters degree and is designed to enable students to experience an introduction to a variety of business disciplines, or to tailor their subject selection to their specific area of interest. ObjectivesThe Graduate Certificate in Business aims to produce graduates who:
StructureThis course comprises four units. RequirementsStudents must complete any four graduate level units (24 points) from the Faculty of Business and Economics. Progression to further studiesStudents who successfully complete the Graduate Certificate in Business with a minimum of a credit (60 per cent) average may be eligible for admission to a masters program in the Faculty of Business and Economics Award(s)Graduate Certificate of Business Graduate Certificate in Business 3841 - Graduate Certificate in Commercialising ResearchThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe course is designed for students currently enrolled in a higher degree by research who want to better understand the requirements of research commercialisation. ObjectivesThe learning goals associated with this course are to:
StructureThis course comprises three compulsory units and one elective. RequirementsStudents must complete: (a.) three core units (18 points) as follows:
(b.) one of the following units (6 points): * Note: If BTX9120 is not available in a particular semester of study, students may substitute LAW7223 (Overview of intellectual property). Award(s)Graduate Certificate in Commercialising Research 2680 - Graduate Certificate in Health EconomicsThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThis course is designed to provide those involved in the health care industry with an understanding of the principles of health economics and their applications to health care policy and evaluation. Students acquire a rigorous and theoretical grounding in the disciplines of economics, health economics, and health policy and apply these to the analysis of health care policy and institutions. They also gain analytical skills in economics and an appreciation of the role of incentives in the achievement of health care objectives. ObjectivesThe Graduate Certificate in Health Economics aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their disciplines of economics and health economics and be able to provide discipline based solutions to relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to Graduate Certificate level in health economics and be able to:
StructureThis course comprises three compulsory units and one elective. RequirementsStudents must complete: (a.) three core units (18 points):
(b.) one unit (6 points) from the following: Progression to further studiesStudents who successfully complete the Graduate Certificate in Health Economics, with a credit average (60 per cent) or above, may be eligible for admission to course 3807 Graduate Diploma in Health Economics and Policy. Award(s)Graduate Certificate in Health Economics 2681 - Graduate Certificate of PharmacoeconomicsThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThis course is designed to provide an understanding of the economics of pharmaceuticals in health care systems, and the skills required to apply economic analysis to the evaluation of products and the broad policy issues affecting the industry. Areas of study include cost-effectiveness analysis of a drug, economic modelling to support the inclusion or exclusion of a drug on a national or hospital formulary, design of a clinical trial to evaluate the efficacy and cost-effectiveness of drugs, and methods of evaluating health and non-health outcomes of drug use. ObjectivesThe Graduate Certificate in Pharmacoeconomics aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their disciplines of economics and health economics and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to Graduate Certificate level in health economics and be able to:
StructureThis course comprises four units. RequirementsStudents must complete: Progression to further studiesStudents who successfully complete the Graduate Certificate in Pharmacoeconomics, with a credit average (60 per cent) or above, may be eligible for admission to course 3807 Graduate Diploma in Health Economics and Policy. Award(s)Graduate Certificate of Pharmacoeconomics 0748 - Graduate Diploma in AccountingThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed for students with a degree in a field other than accounting who wish to meet the academic requirements for admission as an associate member of both CPA Australia and the National Institute of Accountants or entry to the Chartered Accountants Program of The Institute of Chartered Accountants in Australia. ObjectivesThe Graduate Diploma in Accounting aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have knowledge to Graduate Diploma level in accounting. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed24 credit points Professional recognitionThis diploma is recognised by the following professional bodies for admission to:
Professional recognition may be dependent upon the correct choice of units. Details of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThis course comprises eight units. RequirementsStudents must complete eight units from the following list:
* Students seeking associate membership of CPA Australia must include these units. ** Students seeking admission to the Chartered Accountants Program of The Institute of Chartered Accountants in Australia must include these units. Progression to further studiesStudents who successfully complete the Graduate Diploma in Accounting may be eligible for admission to course 0790 Master of Professional Accounting or 0826 Master of Professional Accounting (Advanced). Alternative exit(s)Students wishing to exit the Graduate Diploma in Accounting early may apply to graduate with the Graduate Certificate in Business after successful completion of 24 points of study. Award(s)Graduate Diploma in Accounting 3816 - Graduate Diploma in Applied EconometricsThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed to provide quantitative skills to graduate students in business or other disciplines. ObjectivesThe learning goals associated with this course are to:
StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) one core unit (6 points)
(b.) one of the following units (6 points) (c.) four units (24 points) from the following list, including at least one of those marked with an asterisk (*):
(d.) a further two units (12 points) subject to the following conditions:
Additional degree requirements:
Progression to further studiesStudents who successfully complete the Graduate Diploma in Applied Econometrics may be eligible for admission to 3822 Master of Applied Econometrics. Alternative exit(s)Students wishing to exit the Graduate Diploma in Applied Econometrics early may apply to graduate with the Graduate Certificate in Business after successful completion of 24 points of study. Award(s)Graduate Diploma in Applied Econometrics 3848 - Graduate Diploma in BusinessThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe Graduate Diploma in Business is designed for students who wish to extend their knowledge in general business principles and practice. The program is flexible in structure, allowing students to take a number of broad business units, or to take a sequence of units relating to a specific discipline. ObjectivesThe learning goals associated with this course are to:
StructureThis course comprises eight units. RequirementsStudents must complete a total of eight graduate units with a minimum of six units from the Faculty of Business and Economics. In order to proceed to a masters degree with full credit for the eight completed units, these units must include at least four core units from the relevant masters degree. Students should consult their course director regarding their specific choice of units. Progression to further studiesStudents who successfully complete the Graduate Diploma in Business with a minimum of a credit (60 per cent) average may be eligible for admission to a masters program in the Faculty of Business and Economics. Award(s)Graduate Diploma in Business 0172 - Graduate Diploma in Economic StudiesThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed to provide a sound understanding of economic and economic statistics issues and their function in the business world. ObjectivesThe learning goals associated with this course are to:
StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) two core units (12 points): (b.) a major from those listed under 'Areas of study'. Minimum grade for articulationCredit average Areas of StudyProgression to further studiesStudents who successfully complete the Graduate Diploma in Economic Studies, with a credit average (60 per cent) or above, may be eligible for admission to course 3842 Master of Business Economics. Alternative exit(s)Students wishing to exit the Graduate Diploma in Economic Studies early may apply to graduate with the Graduate Certificate in Business after successful completion of 24 points of study. Award(s)Graduate Diploma in Economic Studies 3807 - Graduate Diploma in Health Economics and PolicyThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThis course is designed for health professionals and health policy makers wishing to further their knowledge and/or extend their formal qualifications in health economics. ObjectivesThe Graduate Diploma in Health Economics and Policy aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their disciplines of economics and health economics and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to graduate diploma level in health economics and be able to:
StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) five units (30 points) as follows: (i.) the following four units (24 points):
(ii.) one of the following units (6 points): (b.) three elective units (18 points). Recommended elective units
Note: This is not an exclusive list of possible electives. Students may contact the course coordinator to seek permission to include other elective units in their study program. It is also recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Progression to further studiesStudents who successfully complete the Graduate Diploma in Health Economics and Policy may be eligible for admission to course 3842 Master of Business Economics. Alternative exit(s)Students wishing to exit the Graduate Diploma in Health Economics and Policy early may apply to graduate with the Graduate Certificate in Health Economics or the Graduate Certificate in Pharmacoeconomics after successful completion of 24 points of study as set out in these courses. Award(s)Graduate Diploma in Health Economics and Policy 2778 - Graduate Diploma in Human Resource ManagementThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed for people who are working or intend to work in any area of management, with a particular interest in human resources. It covers the compulsory knowledge base of essential human resource management units and integrates theoretical concepts, research and examples of human resource management in practice. It also emphasises the strategic role of human resources and their contribution to organisational performance and examines key elements of human resource management. ObjectivesThe Graduate Diploma in Human Resource Management aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to graduate diploma level in human resource management. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) four core units (24 points) as follows: (i.) three units (18 points):
(ii.) one of the following units (6 points): (b.) four graduate-level units (24 points) subject to the following conditions:
It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Progression to further studiesStudents who successfully complete the Graduate Diploma in Human Resource Management may be eligible for admission to course 2099 Master of Human Resource Management. Alternative exit(s)Students wishing to exit the Graduate Diploma in Human Resource Management early may apply to graduate with the Graduate Certificate in Business after successful completion of 24 points of study. Award(s)Graduate Diploma in Human Resource Management 1741 - Graduate Diploma of Business (Management)This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThe business management program is designed for graduates who seek a postgraduate program, which focuses on the application of theory into business contexts relevant to practicing professionals. The course covers contemporary issues relevant to practitioners operating in a local, national or international organisational environment. ObjectivesThe learning goals associated with this course are to:
StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) four core units (24 points):
(b.) a further four graduate units (24 points) from any department of the faculty or from any faculty of the University. Recommended elective units
* Note: This is not an exclusive list of possible electives. Students may contact the course coordinator to seek permission to include other elective units in their study program. It is also recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Progression to further studiesStudents who successfully complete the Graduate Diploma of Business (Management) may be eligible for admission to course 3164 Master of Business Management. Alternative exit(s)Students wishing to exit the Graduate Diploma of Business (Management) early may apply to graduate with the Graduate Certificate in Business after successful completion of 24 points of study. Award(s)Graduate Diploma of Business (Management) 3845 - Postgraduate Diploma in Business and CommerceThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
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DescriptionThis course is structured to provide students with a number of key skills that are highly valued within industry and academia. The course is a research-preliminary qualification. It provides a year of study for students who wish to undertake a higher degree by research but do not meet the admission requirements. ObjectivesThe learning goals associated with this course are to:
StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) three core units (36 points):
(b.) two units (12 points): With the approval of the course coordinator, one or both of the directed studies units may be replaced by approved honours units where these are available. Progression to further studiesStudents who successfully complete the Postgraduate Diploma in Business and Commerce with the grade of distinction, may be eligible for admission to course 3194 Master of Philosophy. Award(s)Postgraduate Diploma in Business and Commerce 0171 - Postgraduate Diploma in Economics and CommerceThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course provides a fourth year of study for students who do not have an honours degree in their chosen field of study. ObjectivesThe learning goals associated with this course are to:
StructureThe course structure has three main components:
RequirementsStudents must complete all requirements from one of the majors listed above. For details of units required, click on the appropriate link. Areas of StudyProgression to further studiesStudents who successfully complete the Postgraduate Diploma in Economics and Commerce, with a grade of distinction, may be eligible for admission to course 3194 Master of Philosophy. Award(s)Postgraduate Diploma in Economics and Commerce 0967 - Postgraduate Diploma in Health Economics and EvaluationThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed to provide students who already possess a basic degree in economics with the skills necessary to pursue a future career as academic or policy-oriented economists, as administrators in the health sector or as health-care evaluators. It introduces economists to the basic concepts of epidemiology and bioethics and trains participants in research methods by having them undertake a project during their placement at an approved institution. ObjectivesThe Postgraduate Diploma in Health Economics and Evaluation aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their disciplines of economics and health economics and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to postgraduate diploma level in health economics and be able to:
FieldworkA three-month industry-based learning component must be conducted at an institution acceptable to the course coordinator. During the industry-based learning component the student is expected to complete an applied project under the direction of a supervisor. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) four units (24 points):
(b.) three units (18 points) from the following list:
(c.) one industry-based learning unit (6 points):
Award(s)Postgraduate Diploma in Health Economics and Evaluation 4404 - Postgraduate Diploma in Management (Retirement Funds)This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThis course is a two year course, designed for those who wish to obtain a formal qualification in the management of retirement funds. This course is specifically aimed at those employed in the retirement fund and employee benefits industries, in either administrative or advisory capacities, irrespective as to whether with direct insurance companies, pension fund administrators' offices or private pension funds, or broking houses. ObjectivesThe learning goals associated with this course are to:
StructureThis course consists of eight core units. RequirementsYear one
Year twoAward(s)Postgraduate Diploma in Management (Retirement Funds) 3822 - Master of Applied EconometricsThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course provides the quantitative skills and expertise required to carry out regression analysis, forecasting and financial market analysis. Students acquire the skills to take responsibility for designing and implementing applied econometric projects and the ability to communicate the results to wider audiences. These skills are extremely attractive to the business and finance community. ObjectivesMaster of Applied Econometrics aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of econometric methods and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in applied econometrics. Research componentThe course has a mandatory research component comprising either 16 per cent or 33 per cent of the total course, depending on the option selected. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) two core units (18 points) (b.) one of the following units (6 points) (c.) one of the following units (6 points)
(d.) four units (24 points) from the following list, including at least one of those marked with an asterisk (*):
(e.) a further three units (18 points) subject to course coordinator approval and the following conditions:
Additional degree requirements:
Progression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of Applied Econometrics early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Applied Econometrics 3818 - Master of Applied FinanceThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed for graduates seeking advanced knowledge and skills in finance. It aims to provide graduates with the skill set required to successfully operate as a professional in the financial services sector. ObjectivesThe Master of Applied Finance aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in applied finance. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed24 credit points Professional recognitionUpon successful completion of the course, graduates will satisfy the educational requirements for senior associate membership of the Financial Services Institute of Australasia and membership of The Finance and Treasury Association Limited at the Certified Finance and Treasury Professional (CFTP) level. StructureThis course comprises three compulsory units and five electives. RequirementsStudents must complete: (a.) three compulsory units (18 points):
(b.) three further units (18 points) from the following list:
(c.) one of the following units (6 points):
(d.) one further graduate-level unit (6 points) offered by any department in the Faculty of Business and Economics subject to approval by the course coordinator. Alternative exit(s)Students wishing to exit the Master of Applied Finance early may apply to graduate with a Graduate Certificate in Business, after successful completion of 24 points of study. Award(s)Master of Applied Finance 4412 - Master of Applied Finance and Master of Applied EconometricsThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course provides the quantitative skills and expertise required to carry out regression analysis, forecasting and financial market analysis, designing and implementing applied econometric projects as well as providing advanced knowledge and skills in finance. These skills are extremely attractive to the business and financial services sector. ObjectivesThe Master of Applied Finance and Master of Applied Econometrics aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in applied finance and applied econometrics. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed48 credit points Professional recognitionUpon successful completion of the course graduates will satisfy the educational requirements for senior associate membership of the Financial Services Institute of Australasia and membership of The Finance and Treasury Association Limited at the Certified Finance and Treasury Professional (CFTP) level. Details of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThis course comprises four compulsory units and 11 electives. RequirementsStudents must complete (a.) the following three units (18 points):
(b.) three units (18 points) from the following list:
(c.) the following core units (18 points) (d.) one of the following units (6 points) (e.) one of the following units (6 points)
(f.) four units (24 points) from the following list including at least one of those marked with an asterisk (*) or units from (e.) not previously taken:
(g.) one of the following units (6 points): Alternative exit(s)Students wishing to exit the Master of Applied Finance and Master of Applied Econometrics early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Applied Finance Master of Applied Econometrics 3850 - Master of Applied Finance and Master of Business (Accounting)This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course enables students to gain knowledge and skills which are essential attributes for accounting graduates and finance professionals. The course aims to provide graduates with theoretical constructs and their applications for their work as finance and accounting professionals. ObjectivesThe Master of Applied Finance and Master of Business (Accounting) course aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in applied finance and accounting. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications Maximum credit allowed48 credit points Professional recognitionUpon successful completion of the course graduates will satisfy the educational requirements for senior associate membership of the Financial Services Institute of Australasia and membership of The Finance and Treasury Association Limited at the Certified Finance and Treasury Professional (CFTP) level. Details of educational requirements for professional recognition can be found at: http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThis course comprises eight compulsory units and eight electives. RequirementsStudents must complete: (a.) eight compulsory units (48 points):
(b.) three units (18 points) from the following list:
(c.) one of the following units (6 points):
(d.) a further four graduate-level units (24 points) offered by any department in the Faculty of Business and Economics. Alternative exit(s)Students wishing to exit the Master of Applied Finance and Master of Business (Accounting) early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business (Accounting) Master of Applied Finance 3844 - Master of BusinessThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course provides an innovative and industry-focused graduate program, with a strong emphasis upon personal development, corporate governance and social responsibility. It will suit a wide range of prospective students including candidates without prior studies in business seeking foundation business skills, as well as mid-career professionals seeking to update their knowledge in traditional business disciplines or to extend their skills. The program also offers the option of completing a specialisation in vital areas of business practice such as advanced marketing, business regulation, corporate governance, information technology, marketing, risk management, supply chain, sustainability, taxation law and workplace law. Students can expect to graduate from this program with a distinctive set of personal and technical skills which will enable them to assist businesses confront the increasing social and environmental constraints ahead. It can also provide a research pathway for students interested in higher degrees by research. ObjectivesThe Master of Business aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of contemporary business issues and be able to provide balanced solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level of the social context of business activities. Credit for prior studiesStudents may be eligible for credit for a maximum of six units if previous study is considered to be equivalent to particular units in this course. All credit is restricted to study undertaken in the last five years and must be approved by the course director. Maximum credit allowed36 credit points Research componentAn optional research pathway is available. StructureThe course structure has three main components:
RequirementsThe degree requires completion of 12 units (72 points) as follows: (a.) Three units (18 points) in personal development and corporate social responsibility as follows: (i.) one of the following units (6 points):
(ii.) one of the following units (6 points): (iii.) one further unit (6 points) from either (i) or (ii) above (b.) at least three core business units (18 points) from the following list:
* These units are only available to students who have completed the specified unit prerequisite or can demonstrate to the satisfaction of the course director, the completion of an undergraduate major in marketing. ** This unit should not be taken by students intending to complete the advanced marketing specialisation and cannot be counted towards the completion of this specialisation. Not all units are available every year and a list of available units will be provided at the start of each year. (c.) a further six graduate units (36 points) subject to course coordinator approval and the following conditions:
Additional degree requirements:
It is recommended that students consult with the course coordinator to ensure their elective units from sections (b.) and (c.) form a coherent study program. Research pathwayStudents interested in using the Master of Business to progress to a higher degree by research may seek approval from the program director to take a sequence of research based units totalling at least 24 points. To qualify for this option students must have:
Note that the research pathway units must be completed over three consecutive semesters, so careful planning of course progression is required. Areas of StudyProgression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of Business early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business (Marketing) Master of Business Master of Business (Sustainability) Master of Business (Supply Chain) Master of Business (Advanced Marketing) Master of Business (Business Regulation) Master of Business (Risk Management) Master of Business (Taxation Law) Master of Business (Workplace Law) Master of Business (Information Technology) Master of Business (Corporate Law) Where more than one award is listed, or in the case of double degrees, where more than one award is listed for one or both components of the double degree, the actual award(s) conferred may depend on units/majors/streams/specialisations studied, the level of academic merit achieved (eg in the case of 'with honours' programs), or other factors relevant to the individual student's program of study. 0503 - Master of Business (Accounting)This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed for graduates seeking advanced knowledge and skills in accounting. It aims to provide graduates with the skill set required to successfully operate as a specialist in the accounting profession. ObjectivesThe Master of Business (Accounting) aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in accounting. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed36 credit points Professional recognitionDetails of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThis course comprises five compulsory units and seven electives. RequirementsStudents must complete : (a.) the following five units (30 points):
(b.) one of the following units (6 points):
(c.) a further six graduate-level units (36 points) offered by any department in the Faculty of Business and Economics. Alternative exit(s)Students wishing to exit the Master of Business (Accounting) early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business (Accounting) 4401 - Master of Business (Accounting) and Master of Business LawThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe course is designed to extend graduates knowledge and analytical skills in the areas of accounting and business law as well as to develop independence and life-long learning skills related to interpersonal behaviour, written and oral communication, capacity for inquiry and research, critical thought and analysis, problem solving, teamwork, literacy and numeracy, and effective use of technology. ObjectivesThe Master of Business (Accounting) and Master of Business Law aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in accounting and law. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed48 credit points StructureThis course comprises seven compulsory units and nine electives. RequirementsStudents must complete: (a.) seven compulsory units (42 points):
* Unit will normally be undertaken in the first semester of study. ** Unit will normally be undertaken in the last semester of study. (b.) one unit (6 points) from the following list:
(c.) four units (24 points) from those listed in the streams below. Students are encouraged to select units from one of the specified listed under 'Areas of study'. (d.) a further four graduate-level units (24 points) offered by any department in the Faculty of Business and Economics. Additional degree requirements:
ResearchEnrolment in the research units listed below must first be approved by the Master of Business Law degree course director. In order to enrol in these research units, students must show evidence of prior research writing experience and capability to conduct legal research of a high standard. This specialisation provides a pathway to higher research degrees.
Areas of StudyAlternative exit(s)Students wishing to exit the Master of Business (Accounting) and Master of Business Law early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business (Accounting) Master of Business Law 0504 - Master of Business (Banking and Finance)This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed for graduates seeking knowledge and skills in banking and finance. It aims to provide graduates with the skill set required to successfully operate as a professional in the banking and financial services sector. ObjectivesThe Master of Business (Banking and Finance) aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have knowledge to masters level in banking and finance. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed36 credits points Professional recognitionUpon successful completion of the course, graduates will satisfy the educational requirements for senior associate membership of the Financial Services Institute of Australasia and membership of The Finance and Treasury Association Limited at the Certified Finance and Treasury Professional (CFTP) level. StructureThis course comprises six compulsory units and six electives. RequirementsStudents must complete: (a.) six compulsory units (36 points):
(b.) a further six graduate-level units (36 points) offered by any department within the Faculty of Business and Economics. Additional degree requirements:
It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Progression to further studiesStudents who successfully complete the Master of Business (Banking and Finance) may be eligible for admission to 3818 Master of Applied Finance, subject to satisfying the appropriate entry requirements. For details visit Course Finder (refer to 'Admission, fee and application details' in the table above). Alternative exit(s)Students wishing to exit the Master of Business (Banking and Finance) early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business (Banking and Finance) 4416 - Master of Business (Honours)This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThe Master of Business (Honours) program is designed to enable high achieving accounting, banking and finance and finance masters students to articulate into the university's higher degrees by research program. Masters students who achieve a distinction average will be ale to apply for PhD study. Students will encounter learning and teaching environments with a strong research focus. Learning activities and approaches will vary across the units offered. ObjectivesThe Master of Business (Honours) aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have advanced knowledge to masters level in accounting or finance (d.) have comprehensive research skills and the ability to identify problems, to locate, evaluate and reference needed data and qualitative information, to synthesise, analyse, summarise and classify data and qualitative information, to evaluate and weigh evidence, arguments and ethics, to apply specialist skills and knowledge to global business issues; and to work out solutions to real world business cases and problems (e.) have advanced knowledge and skills required to undertake a PhD candidature. StructureThis course comprises five compulsory units, including a research dissertation, and 12 elective units. RequirementsStudents must complete (a.) the following two units (12 points): (b.) two units (12 points) from the following list:
(c.) the following unit (24 points):
(d.) 12 graduate units (72 points) from the Faculty of Business and Economics subject to the following conditions:
Award(s)Master of Business (Honours) 3840 - Master of Business (Science and Technology)This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThe key element of this course is that it is specifically developed to assist students in the management and commercialisation of leading edge medical/scientific or technology projects. The course comprises units from the Faculty of Law and the Faculty of Business and Economics, and introduces students to the concepts of business, accounting, finance, commercialisation planning, intellectual property and patents, marketing, innovation, law, economics, contemporary management and organisational issues. These units are designed to challenge, stimulate and develop professional management performance by applying a broad combination of theoretical and practical approaches to the management of complex organisations. ObjectivesThe Master of Business (Science and Technology) aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and who are able to provide discipline based solutions to business (d.) have advanced knowledge to masters level as well as develop a range of essential business skills to assist in the commercialisation of scientific and technical research to enable them to plan, implement and manage such projects. StructureThis course comprises ten compulsory units. RequirementsStudents must complete:
Alternative exit(s)Students wishing to exit the Master of Business (Science and Technology) early may apply to graduate with the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business (Science and Technology) 0028 - Master of Business AdministrationThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe Monash MBA aims to produce graduates who are hybrid, global, socially responsible and transformational leaders. The MBA program develops leadership and personal capabilities, and provides an holistic approach to business challenges and issues alongside conventional discipline-based academic subjects. The program seeks to build leadership capabilities relevant to contemporary business challenges by emphasising innovative thinking and an awareness of the moral and ethical responsibilities of management as a professional practice. The Monash MBA experience is brings together experienced management professionals, where learning from co-students is a key component, supplemented by inputs from alumni and industry figures. ObjectivesThe Master of Business Administration aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding across a broad range of business and management disciplines and be able to provide multi-discipline based solutions that are relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge of the application of organisational management and leadership concepts to masters level. Professional recognitionDetails of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThe course structure has three main components:
RequirementsStudents must complete: (a.) four integrating core units (24 points):
(b.) eight fundamental core units (48 points):
(c.) an independent strategic corporate project (24 points): Alternative exit(s)Students wishing to exit the Master of Business Administration early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business Administration 3842 - Master of Business EconomicsThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed to enhance the professional development and skills required for analysing and assessing the economic impact of policies and regulations on private and government enterprise, and to equip students with the ability for strategic business decision-making in a wide range of industries, domestic and internationally. ObjectivesThe Master of Business Economics aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to Masters level in economics for business. StructureThe course structure has two main components:
RequirementsApplied streamStudents must complete: (a.) six compulsory units (36 points) as follows:
(b.) a further six graduate-level units (36 points) subject to the following conditions:
Recommended elective units
Analytical streamStudents must complete: (a.) six units (36 points) as follows: (i.) the following four units:
(ii.) one unit from the following:
(iii.) one quantitative unit approved by the course coordinator (b.) a further six graduate-level units (36 points) subject to the following conditions:
Recommended elective units
It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Alternative exit(s)Students wishing to exit the Master of Business Economics early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business Economics 3159 - Master of Business LawThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed to provide theoretical and practical knowledge in business law and to develop an understanding of and an ability to analyse a wide range of legal problems arising in the practice of business law. The course is of direct relevance to those involved in the private, commercial, or government sectors where business law issues are relevant. The course will enhance legal skills for students seeking placements in legal commercial and governmental regulatory and compliance positions, especially in Australia and Asia. ObjectivesMaster of Business Law aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in business law. Research componentAn optional research pathway is available. StructureThe course structure has four main components:
RequirementsStudents must complete: (a.) the core unit (6 points):
This unit will normally be undertaken in the first semester of study. (b.) one capstone unit (6 points):
* Students who wish to complete the research stream in section (c.) must choose either BTX5900 Research project or BTX5490 Minor thesis as their capstone unit. The capstone unit will normally be taken in the final semester(s) of study. (c.) four units (24 points) from the units listed in the specified streams under 'Areas of study'. Students are encouraged to select at least three units from one of the specified streams, or may opt to complete the research stream detailed below. (d.) two graduate units (12 points) subject to the following conditions:
Additional degree requirements:
Research streamEnrolment in the research units listed below must first be approved by the Master of Business Law degree course director. In order to enrol in these research units, students must show evidence of prior research writing experience and capability to conduct legal research of a high standard. This specialisation provides a pathway to higher research degrees. Areas of StudyProgression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of Business Law early may apply to graduate with the Graduate Certificate in Business after successful completion of 24 points of study. Award(s)Master of Business Law 3164 - Master of Business ManagementThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
Notes
DescriptionThis course is designed for graduates who seek a masters program, which focuses on the application of theory into business contexts relevant to practising professionals. The course covers contemporary issues relevant to practitioners operating in a local, national or international organisational environment. ObjectivesThe Master of Business Management aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in contemporary management theory and, be able to apply this to a range of organisational settings within their own workplace, through reflective and innovative approaches to business practice. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) six core units (36 points):
(b.) six graduate units (36 points) from the Faculty of Business and Economics or any faculty of the University. Recommended elective units
Additional degree requirements:
It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Alternative exit(s)Students wishing to exit the Master of Business Management early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business Management 4402 - Master of Business and Master of Professional AccountingThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe double degree is intended to provide students the opportunity to gain knowledge and skills in accounting, to specialise in a second area of business of specific interest to them while also gaining an understanding of the broad range of contemporary business topics and their relevance to the business environment. Students also have the opportunity to participate in a unique suite of units that build skills and knowledge in personal development and corporate social responsibility, to increase their employment opportunities in public practice and industry. ObjectivesThe Master of Business and Master of Professional Accounting course aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have knowledge to masters level of the social context of business activities and to masters level in accounting. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed48 credit points Professional recognitionThis degree is recognised by the following professional bodies for admission to:
Professional recognition may be dependent upon the correct choice of units. Details of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThis course comprises seven compulsory units and nine electives. RequirementsStudents must complete (a.) seven units (42 points) as follows:
(b.) a further nine elective units (54 points) as follows: (i.) two of the following units (6 points):
(ii.) two of the following units (12 points):
(iii.) three of the following units (18 points)
(iv.) a further two units (12 points) from the remaining units listed in (ii.) and (iii) above or graduate-level units from any department in the Faculty of Business and Economics. * Students seeking associate membership of CPA Australia must include these units. ** Students seeking admission to the Chartered Accountants Program of The Institute of Chartered Accountants in Australia must include these units. *** These units are only available to students who have completed the specified unit prerequisite or can demonstrate to the satisfaction of the course director, the completion of an undergraduate major in marketing. **** This unit should not be taken by students intending to complete the advanced marketing specialisation and cannot be counted towards the completion of this specialisation. Not all units are available every year and a list of available units will be provided at the start of each year. Students seeking associate membership of or the National Institute of Accountants must include all units listed in (b.)(ii.). Alternative exit(s)Students wishing to exit the Master of Business and Master of Professional Accounting early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Business Master of Professional Accounting 2643 - Master of Diplomacy and TradeThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course provides formal academic study across a range of disciplines relevant to the needs of organisations operating in the global environment. It provides high-level training in the fields of diplomacy, economics, law and contemporary politics. The course is aimed at individuals who presently work, or who hope to work, in both the public and private sectors and who wish to increase their understanding of the international environment in which they operate. It is designed for individuals working in the government sector engaged in the implementation and provision of policy advice in the areas of foreign affairs, trade and business related issues. In the private domain, the course is designed for individuals who are operating, or looking to work, in an international capacity in both the corporate or not-for-profit sector. ObjectivesThe Master of Diplomacy and Trade aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive inter-disciplinary understanding relevant to business, professional and public policy communities (d.) have advanced knowledge to masters level in the analysis and formulation of foreign and trade policy. Research componentAn optional research pathway is available. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) six core units (36 points) as follows:
(b.) six graduate-level units (36 points) subject to course coordinator approval and the following conditions:
Research report elective optionThe research report option may provide an alternative pathway for students from a course work masters programs into a PhD program. The research report elective option consists of a three unit combination totalling 24 points, and comprises the following units:
Students intending to enrol in the research report require permission. Students must have completed a minimum of 24 points of coursework study, including MGX5000 and achieved a minimum average of 70 per cent, to progress to the research report. Students should discuss this option with their course director prior to enrolling. Additional degree requirements:
Progression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of Diplomacy and Trade early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Diplomacy and Trade 2099 - Master of Human Resource ManagementThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course offers current and aspiring managers the opportunity to develop specialist knowledge and expertise in human resource management, with an emphasis on strategic issues. Students commence their studies with foundation units focusing on contemporary issues related to managing human resources, international and strategic human resource management issues, and industrial relations. Students then select units to suit their own interests and requirements by choosing from the wide range of elective units offered by the Department of Management and the Faculty of Business and Economics. The course involves the study of theoretical and research developments and analysis of contemporary examples of human resource management. ObjectivesThe Master of Human Resource Management aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in human resource management. Research componentAn optional research pathway is available. Professional recognitionThis degree is recognised by the Australian Human Resources Institute. Professional recognition may be dependent upon work experience requirements and the correct choice of units. Details of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) five core units (30 points) as follows: (i.) the following five units (30 points):
(b.) one of the following units (6 points) (c.) two units (12 points) from the following list with at least one 5000-level unit:
(d.) a further four graduate-level units (24 points) subject to the following conditions:
Additional degree requirements
Research report elective optionThe research report option may provide an alternative pathway for students from a course work masters programs into a PhD program. The research report elective option consists of a three unit combination totalling 24 points, and comprises the following units:
Students intending to enrol in the research report require permission. Students must have completed a minimum of 24 points of coursework study, including MGX5000 and achieved a minimum average of 70 per cent, to progress to the research report. Students should discuss this option with their course director prior to enrolling. It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Progression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of Human Resource Management early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Human Resource Management 2098 - Master of International BusinessThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe course is an inter-disciplinary program of study that provides students with the ability to understand the issues affecting contemporary international business. Academically rigorous, the course enables students to gain the appropriate knowledge and analytical skills that can be applied in a variety of organisational settings including the corporate, governmental and non-profit sectors. The course enables those seeking either career entry or progression or those with a special interest in international business, to extend their skills and knowledge base by being better able to comprehend, critically evaluate and interpret the workings of global business. ObjectivesThe Master of International Business aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in international business. Research componentAn optional research pathway is available. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) six core units (36 points) as follows:
(b.) students must complete a further six graduate-level units subject to course coordinator approval and the following conditions:
Research report elective optionThe research report option may provide an alternative pathway for students from a course work masters programs into a PhD program. The research report elective option consists of a three unit combination totalling 24 points, and comprises the following units:
Students intending to enrol in the research report require permission. Students must have completed a minimum of 24 points of coursework study, including MGX5000 and achieved a minimum average of 70 per cent, to progress to the research report. Students should discuss this option with their course director prior to enrolling. Additional degree requirements:
Progression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of International Business early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of International Business 4411 - Master of International Business and Master of European and International StudiesThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis double degree course provides the opportunity for students to gain knowledge and skills in international business, with specific focus on the European Union and the significance of this organisation in the world. Students will be able to gain a broad knowledge of international business issues, and the skills to provide leadership in the international arena, while also gaining a broad and deep understanding of the institutional framework and policy-making processes of the European Union and its relations with non-EU countries, regions and international organisations. ObjectivesRefer to the objectives of each of the single masters degrees at http://www.monash.edu.au/pubs/handbooks/courses/2098.html and http://www.monash.edu.au/pubs/handbooks/courses/3924.html. Research componentAn optional research pathway is available. StructureThe course structure has three main components:
RequirementsStudents must complete: (a.) core units (66 points) as follows:
(b.) five graduate-level units (30 points) subject to the following conditions:
It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Minimum grade for articulationStudents who receive approval to undertake the research option must maintain a minimum of a distinction average in the designated units in order to articulate into a Doctor or Philosophy. Alternative exit(s)Students wishing to exit the Master of International Business and Master of European and International Studies early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of International Business Master of European and International Studies 0105 - Master of ManagementThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe focus of the Master of Management is directed toward the development of management capabilities in the context of changing and dynamic organisational environments. The program is aimed at career professionals with work experience, who hold an undergraduate degree and who seek to strengthen their career progression, enhance their management knowledge and skills, and therefore improve opportunities for themselves and their organisations. The program is suitable for those who have experience in their field and who occupy or aspire to management positions in business, government, community, service and non-profit organisations. The course is designed to provide students with a comprehensive, intellectually demanding and up-to-date understanding of management concepts. ObjectivesThe Master of Management aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in management. Research componentAn optional research pathway is available. Professional recognitionDetails of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) six core units (36 points) as follows:
(b.) two units (12 points) from the following list with at least one 5000-level unit:
(c.) four graduate-level units (24 points) subject to the following conditions:
Additional degree requirements:
Research report elective optionThe research report option may provide an alternative pathway for students from a course work masters programs into a PhD program. The research report elective option consists of a three unit combination totalling 24 points, and comprises the following units:
Students intending to enrol in the research report require permission. Students must have completed a minimum of 24 points of coursework study, including MGX5000 and achieved a minimum average of 70 per cent, to progress to the research report. Students should discuss this option with their course director prior to enrolling. It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Progression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of Management early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Management 2276 - Master of MarketingThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed for career professionals seeking new ways to develop, implement and manage marketing activities in all types of environments. The course has a comprehensive, intellectually demanding and up-to-date understanding of business and marketing concepts. The course provides for specialisations in selected disciplines for career development and profession in differentiated marketing fields of study. It is appropriate for those in middle to senior marketing positions. ObjectivesThe Master of Marketing aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in marketing. Professional recognitionDetails of educational requirements for professional recognition can be found at: http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) a major of six units (36 points) from those listed under 'Areas of study'. (b.) six graduate-level units (36 points) subject to the following conditions:
Additional degree requirements:
It is recommended that students consult with the program director to ensure their elective units form a coherent study program. Areas of StudyProgression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of Marketing early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Marketing 3194 - Master of PhilosophyThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed to extend the disciplinary competence of students as well as provide them with research training. While it is not necessary that an Master of Philosophy thesis would make a major contribution to the discipline by way of new knowledge (as a Doctor of Philosophy would require), an Master of Philosophy thesis would be expected to make a contribution to an existing body of knowledge by applying, clarifying, critiquing or interpreting that knowledge. ObjectivesThe learning goals associated with this course are to:
Research componentThis course has a mandatory research component of 67 - 100 per cent of the total course, depending on the option selected. Master of Philosophy students who wish to have the opportunity to upgrade to PhD must satisfy the coursework requirements for the PhD programme. Those Master of Philosophy students who undertake the coursework requirements for the PhD but are not successful in upgrading from the Master of Philosophy to the PhD, will have an 84 per cent thesis component in the Master of Philosophy. Structure100 per cent thesis optionStudents are required to write a thesis of up to 50,000 words, which constitutes 100 per cent of the workload for the course. Coursework and 67 per cent thesis optionStudents are required to write a thesis of about 25,000 words, which constitutes 67 per cent of the workload for the course. In addition, students are required to select four units from the department responsible for the supervision of their thesis as set out under 'Requirements' below. Students are required to include in the four units at least two 5000-level units from the department in which they are enrolled for the masters course. This unit should be related to the topic of their thesis.* Coursework and 92 per cent thesis optionStudents are required to write a thesis of up to 50,000 words, which constitutes 92 per cent of the workload for the course. In addition, students are required to complete one 5000-level unit from the department responsible for the supervision of their thesis. This unit should be related to the topic of their thesis.* * Normally, the coursework component is taken over the first two semesters before proceeding to the thesis component. Students are required to achieve an average grade of 70 per cent or above in all units undertaken. Graduate seminarAll students are required to attend the graduate seminars organised by the department in which they are enrolled. They will also be expected to attend and participate regularly in the seminar series. Students are required to present one seminar. The graduate seminar is an unweighted unit, and does not count as one of the units required. Master of Philosophy students who wish to have the opportunity to upgrade to PhD must satisfy the coursework requirements for the PhD programme. Those Master of Philosophy students who undertake the coursework requirements for the PhD but are not successful in upgrading from the Master of Philosophy to the PhD, will have an 84 per cent thesis component in the Master of Philosophy. RequirementsThe conditions of enrolment in the Master of Philosophy program are:
In order to meet the requirements of the Master of Philosophy students must submit a thesis which generally does not exceed 50,000 words. Students can only select from the percentage thesis component/s indicated for each department, other options are not available. Upgrade to PhDIn the departments of Accounting and Finance, Management, and Marketing, those students who:
Department of Accounting and Finance(a.) Students must undertake the 100 per cent thesis component or (b.) students intending to upgrade to the PhD must complete:
plus one unit from the following: Department of Management(a.) Students must: (i.) complete one unit from the 5000-level units taught by the department. The unit to be taken should be related to thesis topic. (ii) participate in the departmental seminar program (iii.) complete the 92 per cent thesis component or (b.) students intending to upgrade to the PhD must complete:
plus one unit from the following: Department of Marketing(a.) Students must undertake the 100 per cent thesis component or (b.) Students intending to upgrade to the PhD complete:
plus one of: Department of Business Law and Taxation(a.) Students must: (i.) complete one unit from the 5000-level units taught by the department. The unit to be taken should be related to thesis topic. (ii.) participate in the departmental seminar program (iii.) complete the 92 per cent thesis component Department of Econometrics and Business Statistics67 per cent thesis option(a.) Students must complete: (i.) two units from the following list:
(ii.) two units from special units or special reading units taught by the department, or from the graduate-level units taught by the Department of Accounting and Finance and the Department of Economics (iii.) ETC5470/ETF5470 Econometrics graduate seminar (iv.) the 67 per cent thesis component 92 per cent thesis option(a.) Students must complete: (i.) one unit from the 5000-level units taught by the department. The unit to be taken should be related to the thesis topic, and in special circumstances the head of department may approve as the 5000-level unit ETC5000/ETF5000 (Reading unit) taught by the department. (ii.) ETC5470/ETF5470 Econometrics graduate seminar (iii.) the 92 per cent thesis component Department of Economics(a.) Students must complete: (i.) the following three units: (ii.) one unit from the 5000-level units taught by the department. The unit to be taken should be related to the thesis topic. (iii.) ECC5800 Economics graduate seminar (iv.) the 67 per cent thesis component Centre of Policy StudiesStudents must undertake the 100 per cent thesis option. Centre of Health EconomicsStudents must undertake the 100 per cent thesis option. School of Business, GippslandStudents will be required to undertake the requirements of the relevant disciplines. School of Business, MalaysiaStudents will be required to undertake the requirements of the relevant disciplines. Minimum grade for course completionA thesis which has been examined and passed by the examiners as making a contribution to knowledge. Progression to further studiesStudents may be able to upgrade to doctoral candidature (course 0029 Doctor of Philosophy) after 12 months if they have satisfied the relevant coursework requirements for the PhD and are making satisfactory progress in their research. Award(s)Master of Philosophy 0790 - Master of Professional AccountingThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed for students who wish to meet the academic requirements for admission as an associate member of both CPA Australia and the National Institute of Accountants or entry into the Chartered Accountants Program of The Institute of Chartered Accountants in Australia. It provides both practical and theoretical knowledge and skills in accounting and related business areas. ObjectivesThe Master of Professional Accounting aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have knowledge to masters level in accounting. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed36 credit points Professional recognitionThis degree is recognised by the following professional bodies for admission to:
Professional recognition may be dependent upon the correct choice of units. Details of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThis course comprises seven compulsory units and five electives. RequirementsStudents must complete: (a.) seven units (42 points) as follows:
(b.) two units (12 points) from the following list:*
(c.) a further three graduate-level units (18 points) from the remaining units listed in (b.) or from units offered by any department in the Faculty of Business and Economics. * Note: Students seeking associate membership of or the National Institute of Accountants must include all units listed in (b.). ** Note: Students seeking admission to the Chartered Accountants Program of The Institute of Chartered Accountants in Australia must include these units. *** Note: Students seeking associate membership of CPA Australia must include these units. Progression to further studiesStudents who successfully complete the Master of Professional Accounting, with at least a credit average, may be eligible for admission to 0503 Master of Business (Accounting). Alternative exit(s)Students wishing to exit the Master of Professional Accounting early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Professional Accounting 0826 - Master of Professional Accounting (Advanced)This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is an expanded offering of the Master of Professional Accounting. It is designed for students who wish to meet the academic requirements for admission as an associate member of both CPA Australia and the National Institute of Accountants or entry into the Chartered Accountants Program of The Institute of Chartered Accountants in Australia. Students in this advanced course have the opportunity to broaden their practical and theoretical knowledge and skills in accounting and related business areas, and to study at a more advanced level. ObjectivesThe Master of Professional Accounting (Advanced) aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have knowledge to masters level in accounting and cognate disciplines. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed48 credit points Professional recognitionThis degree is recognised by the following professional bodies for admission to:
Professional recognition may be dependent upon the correct choice of units. Details of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThis course comprises seven compulsory units and nine electives. RequirementsStudents must complete: (a.) seven units (42 points) as follows:
(b.) two units (12 points) from the following list:*
(c.) seven graduate-level units (42 points) from the remaining units listed in (b.) or from units offered by any department in the Faculty of Business and Economics. * Note: Students seeking associate membership of or the National Institute of Accountants must include all units listed in (b.). ** Note: Students seeking admission to the Chartered Accountants Program of The Institute of Chartered Accountants in Australia must include these units. *** Note: Students seeking associate membership of CPA Australia must include these units. Progression to further studiesStudents who successfully complete the Master of Professional Accounting (Advanced), with at least a credit average, may be eligible for admission to course 0503 Master of Business (Accounting). Alternative exit(s)Students wishing to exit the Master of Professional Accounting (Advanced) early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Professional Accounting (Advanced) 3843 - Master of Professional Accounting and Master of Business LawThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe course is designed to provide both practical and theoretical knowledge and skills in accounting. It enables students who hold a previous qualification in a non-accounting discipline that is comparable to an Australian bachelor degree to satisfy the educational requirements of the accounting professional bodies in Australia. The course is also designed to provide rigorous theoretical and practical knowledge in business law and to develop an understanding of and an ability to analyse a wide range of legal problems arising in the practice of business law. ObjectivesThe Master of Professional Accounting and Master of Business Law course aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have knowledge to masters level in accounting and business law. Credit for prior studiesStudents may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications. Maximum credit allowed48 credit points Professional recognitionThis degree is recognised by the following professional bodies for admission to:
Professional recognition may be dependent upon the correct choice of units. Details of educational requirements for professional recognition can be found at http://www.buseco.monash.edu.au/asg/cds/publications/pg-professional-recognition.html. StructureThis course comprises nine compulsory units and seven electives. RequirementsStudents must complete: (a.) nine compulsory units (54 points):
* This unit will normally be undertaken in the first semester of study. ** This unit will normally be undertaken in the last semester of study. (b.) two units (12 points) from the following:
(c.) three units (18 points) from the units listed in the streams under 'Areas of study'. (d.) a further two graduate-level units (12 points) offered by any department in the Faculty of Business and Economics. Students are encouraged to select at least three units from one of the specified streams. ResearchEnrolment in the research units listed below must first be approved by the Master of Business Law degree course director. In order to enrol in these research units, students must show evidence of prior research writing experience and capability to conduct legal research of a high standard. This specialisation provides a pathway to higher research degrees. Areas of StudyAlternative exit(s)Students wishing to exit the Master of Professional Accounting and Master of Business Law early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Professional Accounting Master of Business Law 1065 - Master of Public Policy and ManagementThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThis course is designed for managers across all levels of the public sector, in Australia and internationally, who wish to improve service delivery and policy outcomes. Participants may work in the public, not-for-profit or private sector agencies involved in policy and service delivery at intergovernmental, national, regional or local government levels. The course aims to develop managers' practical knowledge and skills to deal with management and policy analysis issues across the spectrum of public sector activities. ObjectivesThe Master of Public Policy and Management aims to produce graduates who will: (a.) be critical and creative scholars who:
(b.) be responsible and effective global citizens who:
(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve (d.) have advanced knowledge to masters level in public sector management, policy development and governance. Research componentAn optional research pathway is available. StructureThe course structure has two main components:
RequirementsStudents must complete: (a.) six core units (36 points) as follows:
(b.) two units (12 points) from the following list:
(c.) four graduate-level units (24 points) subject to the following conditions:
Additional degree requirements:
Research report elective optionThe research report option may provide an alternative pathway for students from a course work masters programs into a PhD program. The Research report elective option consists of a three unit combination totalling 24 points, and comprises the following units:
Students intending to enrol in the research report require permission. Students must have completed a minimum of 24 points of coursework study, including MGX5000 and achieved a minimum average of 70%, to progress to the Research Report. Students should discuss this option with their Course Director prior to enrolling. It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program. Progression to further studiesThis degree may serve as a pathway to a higher degree by research. Students considering a research degree are advised to consult a course coordinator prior to making an application. Alternative exit(s)Students wishing to exit the Master of Public Policy and Management may apply to graduate with one of the following, provided they have satisfied the requirements for that award:
Award(s)Master of Public Policy and Management 0029 - Doctor of PhilosophyThis course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics
DescriptionThe awarding of degree of Doctor of Philosophy at Monash signifies that the holder has completed a course of postgraduate training in research under proper academic supervision and has submitted a thesis that the examiners have declared to be a significant contribution to knowledge and which demonstrates the candidate's capacity to carry out independent research. On the recommendation of the head of the department concerned, a member of the University will be appointed to supervise the work of each candidate. ObjectivesThe Doctor of Philosophy aims to produce graduates who will:
Research component100 per cent or 92 per cent research component with the balance mandatory coursework, dependent on the discipline in which the student is enrolled. Students enrolling in the Department of Economics (irrespective of campus) must complete two compulsory units, which may include ECC6650 Research topics in advanced microeconomics and ECC6660 Research topics in advanced macroeconomics, and up to four enabling units which may include ECC5650 Microeconomic theory and ECC5660 Macroeconomic theory. Students enrolling in the disciplines of Accounting and Finance, Marketing, or Management (irrespective of campus) will be required to undertake two compulsory 6000-level units. These will be BEX6300 Philosophy of research plus one of either BEX6100 Advanced quantitative research methods; or BEX6200 Advanced qualitative research methods in accordance with the following table. Students must complete 6000-level coursework units prior to confirmation and achieve a mark of not less than 70 per cent. Students enrolled in the Master of Philosophy in those disciplines who wish the option of upgrading to PhD at the time of confirmation must also satisfy the same coursework requirements as for the PhD. Students in any discipline, academic unit or campus may also be required to undertake enabling units at any level. These units will be specified in writing to students, generally at the time of the offer letter, and must be passed prior to confirmation with a mark of not less than 50 per cent. StructureA full-time candidate shall normally submit a thesis for examination not less than 24 months and not more than 48 months after admission to candidature for the degree of Doctor of Philosophy. For part-time students, the minimum period of candidature is 48 months and the maximum period 96 months. Research component100 per cent or 92 per cent research component with the balance mandatory coursework, dependent on the discipline in which the student is enrolled. In certain instances an academic unit may require a student to undertake additional coursework if it is considered necessary to enable the student to carry out the proposed program of research. Students will be required to achieve a mark of at least 70 per cent in all mandatory coursework which needs to be completed prior to confirmation of candidature. Students not achieving the required mark will need to take the unit again and will need to extend their confirmation date. RequirementsThe conditions of enrolment in the PhD program are:
In order to meet the requirements of the PhD, students must submit a thesis which generally does not exceed 100,000 words (for either the 100 per cent or 92 per cent research component). In order to meet the requirements of the PhD, students must submit a thesis which generally does not exceed 100,000 words (for either the 100 per cent or 92 per cent research component). Department of Accounting and FinanceStudents must undertake the 92 per cent thesis option (the 100 per cent thesis option is not available) Department of ManagementStudents must undertake the 92 per cent thesis option (the 100 per cent thesis option is not available) Department of MarketingStudents must undertake the 92 per cent thesis option (the 100 per cent thesis option is not available) 92 per cent thesis option(a.) Students must complete:
plus one of: (b.) Students may also be required to undertake up to four enabling units offered by the department. Department of EconomicsStudents must undertake the 92 per cent thesis option (the 100 per cent thesis option is not available) 92 per cent thesis option(a.) Students must complete two compulsory units which may include:
plus up to four enabling units, which may include: Department of Business Law and TaxationStudents must undertake the 100 per cent thesis option (the 92 per cent thesis option is not available) Students may be required to undertake up to four enabling units offered by the department. Department of Econometrics and Business StatisticsStudents must undertake the 100 per cent thesis option (the 92 per cent thesis option is not available) Students may be required to undertake up to four enabling units offered by the department. Centre of Policy StudiesStudents must undertake the 100 per cent thesis option (the 92 per cent thesis option is not available) Centre of Health EconomicsStudents must undertake the 100 per cent thesis option (the 92 per cent thesis option is not available) 100 per cent thesis optionStudents may be required to undertake up to four enabling units offered by the centre. School of Business, GippslandStudents will be required to undertake the requirements of the relevant discipline. School of Business, MalaysiaStudents will be required to undertake the requirements of the relevant discipline. Students will be required to undertake up to four enabling units offered by the relevant discipline area. Minimum grade for course completion+ Students must complete 6000-level coursework units and achieve a mark of not less than 70 per cent. + A thesis which has been examined and passed by the examiners as making a contribution to knowledge Award(s)Doctor of Philosophy |