Bachelor of Business and Bachelor of International Business - 2019

Businesses require people with a range of different skills and knowledge to keep them running profitably. This double degree in business gives you the opportunity to do more - you can study complementary areas to give you a genuine depth of study across business disciplines, build your portfolio of skills by studying different disciplines, and tailor your degree to increase your employability.

Subject to unit choice, these degrees are accredited by relevant Australian professional bodies. Refer to the Monash Business School professional recognition (http://www.monash.edu/business/future-students/undergraduate-study-options/after-you-graduate/professional-recognition) page.

The requirements below detail what you must study in order to complete this double degree course and receive the awards.

The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2019handbooks/maps/map-b2041.pdf) provides guidance on unit enrolment for each semester of study.

Units are 6 points unless otherwise specified. You must complete 192 points:

1. 96 points must be completed in Parts A and B as described below in Bachelor of Business 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 Bachelor of International Business component, of which:

• no more than 10 units (60 points) at level 1
• a minimum 36 points must be at level 3

Business component

Bachelor of Business is a comprehensive course, designed to provide you with a high-level skill in a range of key business disciplines.

Part A. Business specified study (48 points)

This will provide you with a broad foundation for your study of business and expose you to several business disciplines. It will contribute breadth to your knowledge of business and develop your understanding of multi-disciplinary decision making in organisations. It will also give you the opportunity to learn more about each discipline before finalising your choice of major.

You must complete:

a. The following seven units (42 points):

• ACF1100 Introduction to financial accounting or ACF1200 Accounting for managers
• BFF1001 Foundations of finance
• BTF1010 Business law
• ECF1100 Microeconomics
• ETF1100 Business statistics
• MGF1010 Introduction to management
• MKF1120 Marketing theory and practice

b. One capstone, project, international or internship experience unit (minimum 6 points) chosen from the units listed below.

If you are completing a major in accounting do not complete this section. The following units meet this course requirement: ACF3100/ACC3100 Advanced financial accounting and ACF3200/ACC3200 Management accounting.

Note: If you choose a 12 or 24 point unit you must discuss course progression with the Faculty.

Capstone unit

• BEX3000 Current issues in business
• BEX3150 Sustainability practice and organisations
• BEX3300 Business and design

Corporate project

• BEX3350 Industry project
• BEX3450 Industry project (12 points)
• BEX3550 Industry project (24 points)

International experience

• ACX3500 International study program in accounting
• BEX3622 Issues in global business
• BEX3722 Engaging with international business - Australia
• BEX3723 Engaging with international business - North America
• BEX3724 Engaging with international business - Asia
• BEX3725 Engaging with international business - Europe
• BEX3728Not offered in 2019 Engaging with international business (12 points)
• BFX3871 International study program in banking and finance
• BSA3004 Innovation and entrepreneurship in Silicon Valley
• MKX3521 Global study programs in marketing

Internships

• BEX3006/BEX3106 Industry placement
• BEX3012/BEX3112 Industry placement (12 points)
• MKX3631 Marketing internship

Part B. Business 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 business listed major. 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 required units as part of your business specified study. If so, you must complete an additional business unit offered on your campus of enrolment to have 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.

Majors and minors

• Accounting
• Banking and finance
• Business law
• Business management
• Business statistics
• Economics and business strategy
• Human resource management
• Marketing
• Taxation

Refer also to the table of majors and minorsmajors and minors (http://monash.edu/pubs/2019handbooks/undergrad/bus-minor-major-extended-major-specialisation.html).

International Business

Bachelor of International Business is a specialist course that develops through the themes of foundation business knowledge, specialist discipline knowledge and capstone experience.

Part A. Foundation business knowledge (18 points)

This will provide you with a study of accounting, economics and econometrics disciplines and the impact they have on decision making in organisations.

You must complete:

The following two units (12 points):

• ECF1100 Microeconomics
• ETF1100 Business statistics

One unit (6 points) from the following:

• ACF1100 Introduction to financial accounting
• ACF1200 Accounting for managers

Part B. Specialist discipline knowledge and Part C. Capstone experience (78 points)

Part B: These studies will develop your capacity as a critical and creative professional who is able to apply your knowledge of international business to provide discipline based solutions for business. Units contained within the discipline may meet the requirements for professional accreditation bodies.

Part C: The capstone unit will consolidate your knowledge and skills acquired through the study of international business and provide experience in multi-disciplinary processes and decision making.

You must complete:

a. The following nine units (54 points):

• ACF2400 Accounting information systems
• BEX3000 Current issues in business
• BTF1010 Business law
• ECF1200 Macroeconomics
• ECX3550 Business in Asia
• MGF1010 Introduction to management
• MGF2351 International business
• MGF3681 International management
• MKF1120 Marketing theory and practice

b. One capstone, project, international or internship experience to a total of 24 points.

This must include a minimum 12 points from Study Aboard at an approved partner institution or from the following industry placement units:

• BEX3206 Industry placement*
• BEX3212 Industry placement* (12 points)

And if needed to achieve the 24 points, any of the following units can be completed.

• BEX2000 Digital technology and business
• BEX2500 Integrative thinking and decision making
• BEX3350 Industry project*
• BEX3450 Industry project* (12 points)
• BEX3411 Entrepreneurship*
• BEX3722 Engaging with international business - Australia*
• BEX3725 Engaging with international business - Europe*
• other units from the Monash Business School or other faculties across the university*

* Permission required

You may be eligible to exit the double degree program and graduate with either a Bachelor of Business or a Bachelor of International Business named degree after three years, depending on the units studied.

If you wish to graduate with a Bachelor of Business prior to the completion of the double degree you must have completed at least 144 points of studies, including all of the requirements in Part A, B and C for the Bachelor of Business degree.

If you wish to graduate with a Bachelor of International Business prior to the completion of the double degree you must have completed at least 144 points of studies, including all of the requirements in Part A, B, C and D for the Bachelor of International Business.

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.