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Students who commenced study in 2016 should refer to this area of study entry for direction on the requirments; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your area of study.

Monash University


Commencement year

This area of study entry applies to students commencing this course in 2016 and should be read in conjunction with the relevant course entry in the Handbook.

Any units listed for this area of study relate only to the 'Requirements' outlined in the Faculty of Business and Economics component of any bachelors double degrees.

Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.

Managing faculty

Faculty of Business and Economics


Faculty of Business and Economics



Finance is often defined simply as the management of money. This can relate to the finances of individuals and families, of businesses, and of governments. It can include consideration of investment risks. Retail, investment and banks offer financial services which are designed to assist with money management, making them an important part of a financial system.


In addition to achieving the broad outcomes of their course, students successfully completing this major will be able to:

  • critically evaluate and analyse financial data and instruments, explain technical and theoretical banking and finance concepts and to formulate and present banking and finance proposals.


Major requirements (48 points)

No more than 12 points at level 1 may be credited to a major and at least 18 points must be credited to the major at level 3.

Students complete:

(a.) The following six units (36 points):

  • BFW1001 Foundations of finance
  • BFW2140 Corporate finance
  • BFW2401 Commercial banking and finance
  • BFW2751 Derivatives 1
  • BFW3121 Investments and portfolio management
  • BFW3841 Credit analysis and lending management

(b.) Two units (12 points) from the following, with at least one unit at level 3:

  • BEW3100 Work placement program
  • BFW2341 International financial management
  • BFW3331 International banking and finance
  • BFW3540 Modelling in finance
  • BFW3651 Treasury management
  • BFW3652 Corporate treasury and credit management
  • ETW2410 Introductory econometrics

Relevant courses


Single degrees

Successful completion of the major can be counted towards meeting the requirements for the following single degree:

  • B2026 Bachelor of Business and Commerce

Students in other single bachelor's degrees may be eligible to complete the major using 48 points of their free electives.

Double degrees

Successful completion of the major can be counted towards meeting the requirements for the Bachelor of Business and Commerce component in the following double degree:

  • B2027 Bachelor of Business and Commerce and bachelor of Communication and Media Studies