Undergraduate - Course4428 - Bachelor of Commerce Scholars Program and Bachelor of Economics

This double degree provides professional education in a range of commerce disciplines, with a strong emphasis on developing analytical skills. It allows the student increased breadth and depth in the major discipline areas, plus considerable opportunity for studies from other faculties.

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).

The Bachelor of Commerce Scholars Program and Bachelor of Economics aims to produce graduates who will:

(a.) be critical and creative scholars who:

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

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

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

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

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

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 set of compulsory units which provide an introduction to the key areas of economics
• an eight unit major which must come from the approved majors listed under 'Areas of study'
• an eight unit major in either actuarial studies, economics, econometrics and business statistics or financial and insurance mathematics
• eight open electives which may be taken from any Faculty of Business and Economics programs and campuses, or from disciplines offered by another faculty.

Commerce

• Accounting
• Business modelling
• Finance
• International commerce
• Management studies
• Marketing
• Sustainability

Economics

• Actuarial studies
• Econometrics and business statistics
• Economics
• Financial and insurance mathematics

Students must complete 32 units over a maximum of 10 years as follows:

(a.) 24 units (144 points) from the Faculty of Business and Economics at the Clayton campus as follows:

(i.) six 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 further four compulsory units (24 points):

• ECC1100 Principles of macroeconomics
• ECC2000 Intermediate microeconomics
• ECC2010 Intermediate macroeconomics
• ETC1010 Data modelling and computing

(iii.) a major of eight units from the Bachelor of Commerce (48 points):*

• the major must come from the approved list of commerce majors listed under 'Areas of study'
• at least two units (12 points) must be completed at each of second and third-year levels

(b.) a major in either actuarial studies, economics, econometrics and business statistics or financial and insurance mathematics (48 points)

• at least two units (12 points) must be completed at second-year level and three units (18 points) at third-year level

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

(v.) additional units from the Faculty in the Bachelor of Commerce at the Clayton campus to reach the required minimum of 24 units.

(c.) eight open electives (48 points) which may be taken from:

• may be taken from any Faculty of Business and Economics programs and campuses.**
• may be taken from disciplines offered by another faculty. 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 unit 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 13 first-year-level units (78 points).
• a minimum of eight third-year-level units (48 points), of which at least five (30 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
Bachelor of Economics