In this double degree in commerce you will learn to apply your thinking in a commercial capacity and develop the skills required to solve complex problems, while developing a depth of expertise in actuarial science, economics or finance.
This gives you a unique skill set. For example, actuarial science provides foundational understanding of finance and economics, but combined with majors in economics or finance you will have substantive knowledge across all three. Similarly, specialising in finance with a major in accounting will give you skills across all aspects of the accounting and financial sectors.
Your specialist studies will prepare you for a career in your chosen field as an actuary, economist or finance professional while your commerce major(s) will give you additional skills to pursue expert roles in that industry, or give you the skills to work across industries.
NOTE: For learning outcomes and other relevant information of this double degree, refer to the single degree entries:
Some specific or additional units may be required for professional recognition. Refer to the Monash Business School professional recognitionprofessional recognition (http://www.monash.edu/business/future-students/undergraduate-study-options/after-you-graduate/professional-recognition) page for more information regarding accreditation for each of these specialisations.
The requirements below detail what you must study in order to complete this double-degree course and receive the awards.
Units are 6 points unless otherwise specified. You must complete 192 points, and:
1. 96 points must be completed in Parts A and B as described below in B2001 Bachelor of Commerce component, of which:
- at least 24 points must be completed at level 3
2. 96 points must be completed in Parts A, B and C, as described below in B2004 Bachelor of Commerce Specialist.
Commerce component
Bachelor of Commerce is a comprehensive course, and in the double degree course you complete commerce specified study and a commerce listed major.
Part A. Commerce specified study (48 points)
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.
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, project, international or internship experience unit (minimum 6 points) chosen from the units listed below.
Note: Students who wish to choose a 12 point unit must discuss course progression with the Faculty.
Capstone unit
- BEX3150 Sustainability practice and organisations
- BEX3500 Current issues in commerce
Corporate project
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
Part B. Commerce listed major (48 points)
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.
You must complete 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 at Clayton campus to bring the combined commerce study to at least 96 points from the Faculty of Business and Economics.
If you intend to undertake an honours year, you should ensure you complete the specific units required for honours in your chosen major area of study.
Minors and majors
Refer also to the table of minors and majors which also details if an area of study is available as a minor or major.
Commerce Specialist component
Bachelor of Commerce Specialist is a specialist course that develops through the themes of foundation commerce knowledge and specialist discipline knowledge.
Part A. Foundation commerce knowledge (24 points)
These units will provide you with a comprehensive study of economics and econometrics disciplines and the impact they have on multi-discipline decision-making in organisations. The units consider the impact on the business, professional and public policy communities.
You must complete:
- ECC1000 Principles of microeconomics
- ECC1100 Principles of macroeconomics
- ETC1000 Business and economic statistics
- ETC2410 Introductory econometrics
Part B. Specialist discipline knowledge and Part C. Capstone experience (72 points)
The specialist discipline knowledge units will develop your capacity as a critical and creative professional who is able to apply your knowledge of a specialised area to provide discipline based solutions to commerce. Units contained within the discipline specialisation may meet the requirements for professional accreditation bodies. The capstone unit is designed to consolidate the knowledge and skills acquired throughout the study of your specialisation.
You must complete the specialist discipline knowledge and capstone experience requirements for one of the following specialisations:
You may be eligible to exit this double degree course early and graduate with one of the single awards once you have successfully completed a total of a 144 points, including all of the requirements for the relevant single degree component.
- 144 points to exit with the Bachelor of Commerce
- 144 points to exit with the Bachelor of Commerce Specialist
Honours
You may be eligible to apply for a one-year honours course once you have successfully completed this double degree, or have completed all of the requirements for one of the single degrees including a total of 144 points. The following honours courses apply:
- B3701 Bachelor of Commerce (Honours)
You are usually eligible to apply for honours if you achieve a distinction grade average (70 percent) 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 admissions to honours. The details are provided with the requirements for each major to which this applies.
