The importance of law cannot be underestimated. Law is the backbone of business, in fact almost every business decision will have a legal consequence. Law regulates employee-employer relations, financial transactions, consumer products and services, and marketing processes. This major focuses on the core rules that govern these transactions both within Australia and the broader international environment.
There are specific units required for professional recognition by the Tax Practitioners Board. Refer to the faculty Professional recognitionProfessional recognition (http://www.buseco.monash.edu.au/about/professional-recognition.html) page on the website for more information.
Business law is listed in the Bachelor of Business at Caulfield as a major or minor and in the Bachelor of Commerce at Clayton as a minor.
In addition to achieving the broad outcomes of their course, students successfully completing this major will be able to:
- identify and correctly apply relevant common law principles and legislation to relevant problems or scenarios, and to analyse, synthesise and conceptualise regulatory and legal information to support business decision making.
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 at level 3.
- The following two units (12 points):
- BTF1010 Business law
- BTX3900 Research project in business law and taxation
- Six units (36 points) from the following list, with at least two units (12 points) at level 3:
Minor requirements (24 points)
Note: Students studying the Bachelor of Business complete BTF and BTX-coded units and students studying the Bachelor of Commerce complete BTC and BTX-coded units.
- BTC1110 Commercial law or BTF1010 Business law
- any three units (18 points) with the prefix BTC, BTF or BTX and offered at your home campus. Students are encouraged to choose a combination of units that will assist them in their chosen career path.*
Successful completion of the major can be counted towards meeting the requirements for the following single degree:
- B2000 Bachelor of Business
Students in this course can complete the minor using 24 points of their free electives.*
Students in other single bachelor's degrees may be eligible to complete the minor or major by using 24 or 48 points of their free electives.
Successful completion of the major can be counted towards meeting the requirements for the Bachelor of Business component in the following double degrees:
- B2019 Bachelor of Business and Bachelor of Arts
- B2013 Bachelor of Business and Bachelor of Business Specialist
- B2017 Bachelor of Business and Bachelor of Information Technology
- F2004 Bachelor of Design and Bachelor of Business
- D3007 Bachelor of Education (Honours) and Bachelor of Business
- F2007 Bachelor of Fine Art and Bachelor of Business