Undergraduate - Course2015 - Bachelor of Commerce (Accounting and Finance)

This course provides professional education for those wishing to become accounting and finance professionals. It has a strong emphasis on developing analytical skills and offers a solid grounding and professional competence in all aspects of commerce required for careers in the business or public sector.

These course outcomes are aligned with the Australian Qualifications Framework level 7, the Bologna Cycle 1 and Monash Graduate AttributesAustralian Qualifications Framework level 7, the Bologna Cycle 1 and Monash Graduate Attributes (http://opvclt.monash.edu.au/curriculum-by-design/aligning-course-outcomes-with-aqf-bologna.html).

Upon successful completion of this course it is expected that graduates will:

(a.) be critical and creative scholars who:

• produce innovative solutions to problems
• apply research skills to business challenges
• communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

• engage in an internationalised world
• exhibit cross cultural competence
• demonstrate ethical values

(c.) have comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities that we served

(d.) be able to construct conceptual frameworks and use these to analyse complex issues in the corporate sector, government and the professions

Refer to the faculty's Professional recognition of coursesProfessional recognition of courses (http://www.buseco.monash.edu.au/professional-recognition/) page in this Handbook.

The course has three main components:

• a set of core units which provide an introduction to the key areas of commerce
• a major in accounting and a major in finance
• four open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty.

• Accounting
• Finance

Students must complete 24 units over a maximum of eight years as follows:

(a.) 20 units (120 points) from the faculty in the Bachelor of Commerce at the Clayton campus as follows:

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

• ACC1000 Principles of accounting and finance
• BTC1110 Business law
• ECC1000 Principles of microeconomics
• ETC1000 Business and economic statistics
• MGC1010 Introduction to management
• MKC1200 Principles of marketing

(ii.) a major of eight units (48 points) in accounting.*

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

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

* Note: ACC1000 (Principles of accounting and finance) is one of the units in both of the majors and will have already been studied as part of the group of common core units - students will complete an additional units as detailed below.

(b.) four open electives (24 points):

• may be taken from disciplines offered by another faculty
• may be taken from any Faculty of Business and Economics programs and campuses**
• may be used to complete the requirements for membership by CPA Australia or The Institute of Chartered Accountants in Australia

Elective units can be identified using the browse units toolbrowse units tool (http://www.monash.edu.au/pubs/handbooks/units/search) in the current edition of the handbook. The level of the units is indicated by the first number in the unit code; undergraduate units are those that commence with the numbers 1-3.

** Note: Enrolment in units at another campus is subject to there being capacity after students from that campus have enrolled.

Additional degree requirements:

• a maximum of 10 first-year level units (60 points)
• a minimum of six third-year level units (36 points), of which at least four units (24 points) must be from those offered by the faculty at the Clayton campus
• in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units.

Bachelor of Commerce (Accounting and Finance)