Bachelor of Commerce

This course is designed to provide graduates in commerce with the analytical, conceptual and quantitative skills for a wide range of careers in decision making, leadership and management, policy development, and problem solving in the corporate sector, the public sector and the professions.

Graduates of this course are highly valued for their training in quantitative skills and techniques which are well suited for employment in both Australia and overseas.

The course begins with an introduction to core commerce discipline principles, and then offers the choice and flexibility to study up to two majors in different commerce disciplines, and the opportunity to study overseas or undertake an internship.

Double degrees

The Bachelor of Commerce course can be taken in combination with each of the following courses:

• Bachelor of Arts
• Bachelor of Biomedical Science
• Bachelor of Commerce Specialist
• Bachelor of Computer Science
• Bachelor of Education (Honours)
• Bachelor of Engineering (Honours)
• Bachelor of Global Studies
• Bachelor of Information Technology
• Bachelor of Laws (Honours)
• Bachelor of Music
• Bachelor of Science

Completing a double degree course will allow you to graduate with two degrees, the Bachelor of Commerce and the degree awarded by the partner faculty. The requirements for the award of the Bachelor of Commerce are the same whether the award is earned through a single or double degree course. Students should refer to the course entry for the partner course and the course mapcourse map (http://www.monash.edu.au/pubs/2016handbooks/maps/) for the double degree.

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://www.monash.edu.au/pubs/handbooks/alignmentofoutcomes.html).

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

1. be a critical and creative scholar who:
• produces innovative solutions to problems
• applies research skills to business challenges
• communicates effectively and perceptively
2. be a responsible and effective global citizen who:
• engages in an internationalised world
• exhibits cross cultural competence
• demonstrates ethical values
3. demonstrate broad knowledge and technical skills in at least one area of commerce and be able to provide discipline based solutions relevant to the business, professional and public policy communities that you serve
4. be able to construct conceptual frameworks and use these to analyse complex issues in the corporate sector, government and the professions.

This is a comprehensive course, structured in three equal parts:

Part A. Commerce specified study

This will provide you with a broad foundation for your study of commerce and expose you to several commerce disciplines. This will contribute breadth to your knowledge of commerce and address the graduate course outcomes. It will also give you the opportunity to learn more about each discipline before finalising your choice of major.

Part B. Commerce listed major

This will provide you with a focused program of study that will develop your expertise in one discipline area. You will develop, apply and communicate an advanced level of understanding of the concepts and theoretical frameworks that constitute the knowledge base of your major area of study.

Part C. Free elective study

This will enable you to further develop your knowledge of your chosen major, or commerce more broadly, through a second major or a minor. Alternatively you can select units from across the University in which you are eligible to enrol.

Requirements

Students must complete units as specified in Parts A, B and C (144 points): a minimum of 96 points of commerce study over Part A and Part B, and 48 points of free electives in Part C.

In choosing your units you must ensure that you complete no more than 10 level 1 units (60 points), and that you complete at least six units (36 points) at level 3 of which at least four units (24 points) must be commerce units.

The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2016handbooks/maps/map-b2001.pdf) will assist you to plan to meet the course requirements, and guidance on unit enrolment for each semester of study.

Units are six points unless otherwise specified.

Part A. Commerce specified study (48 points)

(a.) Students complete 6 units (36 points):

• ACC1100 Introduction to financial accounting or ACC1200 Accounting for managers
• BTC1110 Commercial law
• ECC1000 Principles of microeconomics
• ETC1000 Business and economic statistics
• MGC1010 Introduction to management
• MKC1200 Principles of marketing

(b.) Students complete one elective unit (6 points) from the Faculty of Business and Economics on the Clayton campus

(c.) Students complete one capstone unit (minimum 6 points) chosen from the units listed below:

Capstone unit

• BEX3500 Current issues in commerce

Corporate project

• BEX3350 Investigative project in business
• BEX3450 Investigative project in business (12 points)

International experience

• ACX3500 International study program in accounting
• BEX3622 Issues in global business
• BEX3722 Engaging with international business
• BFX3871 International study program in banking and finance
• MKX3521 Global study programs in marketing

Internships

• BEX3006/BEX3106 Industry based learning project
• BEX3012/BEX3112 Industry based learning project (12 points)
• BEX3024 Industry based learning project (24 points)
• MKX3631 Marketing internship

Part B. Commerce listed major (48 points)

Complete at least one commerce listed major from your campus of enrolment. A major requires eight units with no more than two units (12 points) at level 1 and at least three units (18 points) at level 3.

Depending on the major you choose, you may have already studied one of the units as part of your commerce specified study. If so, you must complete an additional commerce unit offered on your campus of enrolment to bring the combined commerce study to at least 96 points from the Faculty of Business and Economics.

Minors and majors

Refer also to the table of minors and majors by campusminors and majors by campus (http://www.monash.edu.au/pubs/2016handbooks/undergrad/bus-minor-major-extended-major-specialisation.html) which also details if an area of study is available as a minor or major.

• Accounting
• Actuarial studies
• Behavioural commerce
• Economics
• Econometrics
• Finance
• Management studies
• Marketing science
• Sustainability

Part C. Free elective study (48 points)

Elective units may be chosen from units available in the Bachelor of Commerce course to extend your major or to complete a second major or a minor(s). Note that, at most, two level one units may be counted towards two majors or a major and a minor.

Elective units may also be taken from non-commerce disciplines to broaden your knowledge or to complete a major or minor(s) from another course as long as you have the prerequisites and there are no restrictions on enrolment in the units.

For students in double degree courses, some units required for the other degree are credited as electives towards the commerce degree.

Honours

Students successfully completing the Bachelor of Commerce may proceed to a one year honours program leading to B3701 Bachelor of Commerce (Honours). To be eligible to apply for entry into the Bachelor of Commerce (Honours), students must obtain a distinction grade average (70 per cent) or above in 24 points of studies in relevant discipline units at level 3. In addition, some majors require particular units to be taken for admission to honours. The details are provided with the requirements for each major to which this applies.