MONASH UNIVERSITY FACULTY HANDBOOKS

Business & Economics Handbook 1996

Published by Monash University
Clayton, Victoria 3168, Australia

Caution Copyright © Monash University 1996
ISBN 1320-6222

Authorised by Academic Registrar, April 1996


FACULTY INFORMATIONPart 3

CONTENTS

  1. Study modes
  2. Distance education
  3. Computing in the faculty
  4. Professional accreditation
  5. Assessment
  6. Modes of teaching
  7. Plagiarism
  8. Examinations

Study modes

Undergraduate courses

Undergraduate courses are taught in the on-campus mode on all five campuses. Some courses are also offered by distance education, and teaching in some courses is also available through Open Learning Australia (OLA). Students already enrolled in a course who wish to take one or more subjects through OLA should first check with their relevant administration office to ensure credit will be granted. For more information on distance education contact the relevant department or faculty offices.

Students undertaking undergraduate courses on the Clayton and Peninsula campuses are almost entirely school leavers with the majority studying full-time. The Caulfield campus enrolments include many part-time students, and the campus offers evening classes. More than 70 per cent of the students enrolled at the Gippsland campus are studying by distance education.

Part-time undergraduate students are expected to proceed at half the rate of full-time students and are expected to complete their subjects for the degree in the same order as full-time students, that is by passing first-year subjects before enrolling for second-year subjects.

Many students on the Caulfield and Gippsland campuses undertake part-time studies. The faculty does not provide evening lectures for undergraduate courses at Clayton and Peninsula. At Caulfield lectures are run from 8 am to 10 pm. Part-time students are given priority access to places in evening lectures and tutorials.

At Clayton it is recommended that part-time students endeavour to attend the university for two half-days a week as most of the lectures and tutorials may be taken during these two half-days; this allows students to use their evenings for study and library use. In addition, lectures and tutorials are often available from 4.15 pm for the first-year subjects and some of the second and third-year subjects. Many part-time students also find that 9 and 10 am lectures are convenient. It is usually possible to arrange tutorials at convenient times including immediately before or after the lectures. It should be noted that the part-time program is based on students obtaining time off from their employment.

Graduate courses

Graduate courses are taught in the on-campus mode at Caulfield, Clayton and Peninsula campuses. Graduate courses are also taught by distance education at the Gippsland campus, and in an intensive modular teaching mode in Caulfield, Peninsula, CBD Melbourne, Sydney, Singapore and Hong Kong. Some graduate subjects are also available through Open Learning Australia.

All graduate courses are available on a part-time basis with some also available for full-time study. Candidates should refer to individual course entries in this handbook for further details.


Distance education

In addition to its on-campus courses, the faculty also offers an extensive distance education program through the Monash Distance Education Centre. Over 1800 students from around Australia and the world are studying for their degrees at home. Distance education offers people the opportunity to study flexibly at home to a timetable that meets their needs.


Computing in the faculty

Caulfield

At Caulfield there are two laboratories, totalling forty 486 computers with windows, networked to the Business server, offering standard software in C Block. In conjunction with the Computer Centre, three laboratories, both windows and DOS based, totalling sixty computers, are available, with all computer centre software available. The laboratories are used for both formal classes and casual work. The normal operating hours are 8 am to 8 pm Monday to Thursday, 8 am to 4 pm on Friday. Specialist software for accounting, finance, marketing, etc is also provided. A treasury dealing facility is available for class use.

Clayton

At Clayton the faculty, in conjunction with the Computer Centre, has about one hundred DOS-based personal computers located in six laboratories on the seventh and eighth floors of the Menzies building. The laboratories are used for both formal classes and casual work. The normal operating hours are 8 am to 9 pm most week nights. Outside these hours, students can use computers at the Computer Centre. Standard windows based software such as Microsoft's Word and Excel can be accessed from a file server. Specialist software for accounting, finance and econometrics is also provided. Special economic databases are maintained for accessing economic and business statistics. The faculty's computers are linked to the university's network. This provides students with the opportunity to communicate with others by electronic mail and to access bulletin boards. It is also possible to examine public university documents and to connect to the libraries' electronic catalogue.

Gippsland

At Gippsland in conjunction with the Computer Centre, business students have access to all the Gippsland campus microlabs, of which two are located within the School of Business and Electronic Commerce*. The microlabs house over one hundred IBM compatible computers. Normal access times are from 6 am to 11 pm. The microlabs can be used for both formal and casual work. Standard windows based software such as Microsoft's Word and Excel can be accessed from a file server. Specialist software for accounting and finance can also be accessed.

Peninsula

At Peninsula there is one laboratory of fifteen Windows-based 386 computers and one laboratory of fifteen Windows-based 486 computers, both networked to the Business server, providing the same software as that on the Caulfield campus. Two laboratories with a total of forty computers are networked to the Computer Centre server and offer their software. All laboratories are located in D block. The normal operating hours are 9 am to 5 pm , Monday to Thursday and 9 am to 4 pm on Friday.

* Subject to final university approval.

Professional accreditation

A number of professional bodies in Australia recognise some of the faculty's degrees as providing the basis for meeting the academic requirements for entry to such bodies. For specific details on particular professional accreditation and subject selection students should read the appropriate course outline.

These groups are the Australian Society of Certified Practising Accountants, the Institute of Chartered Accountants in Australia, the Australian Institute of Bankers, the Institute of Chartered Secretaries and Administrators and the Australian Marketing Institute. Studies may also lead to eligibility for membership of the Australian Institute of Management and the Australian Human Resources Institute.

Undergraduate courses

The following courses (and double degrees of which they form a part) meet the academic requirements for membership of the Institute of Chartered Accountants in Australia and for provisional membership of the Australian Society of Certified Practising Accountants. Students are advised to note the specific subject requirements of each of these bodies.

+ Bachelor of Accounting

+ Bachelor of Business

+ Bachelor of Business (Accounting)

+ Bachelor of Business Studies

+ Bachelor of Commerce

+ Bachelor of Commerce (Accounting and Finance)

+ Bachelor of Economics.

The following courses satisfy the educational requirements for senior associate membership of the Australian Institute of Bankers. Students should note the specific subjects required by this organisation.

+ Bachelor of Business

+ Bachelor of Business (Banking and Finance)

+ Bachelor of Commerce

+ Bachelor of Commerce (Accounting and Finance)

+ Bachelor of Commerce/Bachelor of Economics

+ Bachelor of Economics.

Only the Bachelor of Commerce (Accounting and Finance) allows students to meet the requirements of all three bodies in a single three-year degree.

The following courses, given the appropriate choice of subjects, meet the academic requirements for membership of the Australian Computer Society.

+ Bachelor of Business/Bachelor of Computing

+ Bachelor of Business (Accounting)/Bachelor of Computing (Information Systems)

+ Bachelor of Business (Banking and Finance)/Bachelor of Computing

+ Bachelor of Commerce/Bachelor of Business Systems

+ Bachelor of Economics.

Graduates of the following courses have been recognised for membership of the Australian Institute of Management (AIM) and the Australian Human Resources Institute (AHRI). Student memberships are offered by both organisations and student participation in membership activities is encouraged. Students should note the specific subjects required by these organisations.

+ Bachelor of Business

+ Bachelor of Business (Business Administration)

+ Bachelor of Business (Management)

+ Bachelor of Commerce

+ Bachelor of Commerce (Strategic Management).

The following course has been recognised by the Retail Management Institute of Australia. Graduates employed in the retail industry are eligible to apply for graduate membership.

+ Bachelor of Business (Retail Management) by distance education.

Graduate courses

The following courses meet the academic requirements for membership of the Australian Society of Certified Practising Accountants and entry for the professional year program of the Institute of Chartered Accountants in Australia.

+ Graduate Diploma in Accounting (Caulfield, Clayton and Gippsland campuses)

+ Master of Practising Accounting

+ Master of Professional Accounting

+ Graduate Diploma in Advanced Accounting.

The following course meets the academic requirements for taxation specialisation designation from the Australian Society of Certified Practising Accountants.

+ Graduate Diploma in Taxation.

The following courses meet the academic requirements for advancement to the senior associate status of the Australian Institute of Bankers.

+ Graduate Certificate of Business (Banking),

+ Graduate Diploma in Banking and Finance,

+ Graduate Diploma of Business (Banking).

The following course provides credit towards certified membership of the Australian Human Resource Institute.

+ Graduate Diploma of Business (Labour Management Relations).

Other graduate courses are also recognised by professional bodies and inquiries should be directed towards the relevant administrative officer for more detailed information.

The Royal Australian College of Medical Administrators views the Monash MBA course for students undertaking health-hospital administration strand electives as satisfying the first part of the examination for award of a Fellowship (the second part involves an oral examination). The chosen course of studies needs to be discussed with the Chairman, State Board of Students. The Australian College of Health Service Administrators has approved the health-hospital administration strand as being an approved qualification for entry-advancement to the college.


Assessment

Details of assessment for each subject appear in the subject outline elsewhere in this handbook. Assessment in a subject may be made up of several components: a formal examination, essays, tests, assignments, oral presentations and tutorial participation. Assessment details for each subject will be given in handouts in the first week of each semester, as will more details on subject content and reading material. As this handbook is published several months before the new academic year begins, these subject handouts are definitive.

The final mark that a student receives for a subject will be determined by the subject leader or coordinator taking into account all aspects of assessment. The rights of students to have assessed work re-marked is determined at departmental level. However, there is a process for verifying fail marks which contribute to a final fail result. This requirement does not apply to pieces of work completed during the course of a subject each of which is worth no more than ten per cent of the final mark, unless the total of such pieces exceeds thirty per cent of the final mark.

For more details see the education policy in the Student information handbook.


Modes of teaching

The average expected workload per semester subject is twelve hours per week. This will include contact hours in the form of lectures, tutorials, seminars, modular teaching and so on, plus independent study. Generally the lectures provide the core material. At the beginning of the semester, on-campus students are enrolled in tutorial groups for many of their subjects. Tutorial groups are composed of up to twenty-five students from the lecture group who normally meet for one to two hours per week, to discuss issues which arise from the lectures. Students are expected to take part in these discussions and to submit written work as required which will normally be marked by the subject assistant lecturer. Attendance at tutorials and performance in written work are regarded as important and in some subjects may be taken into account in assessing the student's performance for the year.

In many graduate courses, intensive modular teaching is used in which lecture and tutorial material is covered in a seminar format.

For distance education students classes are organised at four weekend schools each semester to supplement and enrich the coursework that is provided off-campus. Distance education students are encouraged to make as much use of these schools as their circumstances allow. On-campus accommodation is available to distance education students during the weekend schools and cafeteria as well as child care services are provided by the Student Union. Classes generally cover one quarter of the study program to supplement student learning.


Plagiarism

Plagiarism is the use of another person's work or idea as if it were your own. The other person may be an author, critic, lecturer or another student. When it is desirable or necessary to use another person's material, take care to include appropriate references and attribution - do not pretend the ideas are your own. Be sure not to plagiarise inadvertently. Plagiarism may lead to expulsion.


Examinations

Regulations

For details of examination regulations please refer to the Examinations regulations, Monash University Calendar, available in the library.

Use of English dictionaries and calculators

As English is the language of instruction within Monash University foreign language translation dictionaries normally are not permitted to be used by students sitting an examination held by the faculty.

Calculators are permitted if specified on the examination paper, but calculators containing a full set of alphabetic keys will not be permitted.

Results processing

At the end of each semester, following the completion of the examinations, a board of examiners considers each student's performance as a whole before the results are published. All undergraduate and most postgraduate students who pass are graded into the categories of high distinction, distinction, credit and pass. Some courses use honours subject results and these are classified into first class, second class division A, second class division B, third class and pass.

Table 7: Marks and grades


Marks range      Grades
                                          
+ 0-49    NN     Fail

+ 40-44   NS     Fail, supplementary exam awarded

+ 45-49   PII    Pass division II.
                 Progression to second year in that
                 discipline is not permitted

+ 50-64   P      Pass

+ 65-74   C      Credit

+ 75-84   D      Distinction

+ 85-100  HD     High Distinction
                                         
+         NE     Not Examined. Used when a subject is
                 taught over two semesters
                 .                     
+         PGO    Pass grade only. Applies to a limited
                 range of subjects on the Caulfield
                 and Peninsula campuses

+         WH     Withheld. Used, for example, when
                 assessment is outstanding due to a
                 special consideration application or
                 incomplete assessment

Honours grades                  

+ 65-69   HIII                           

+ 70-74   HIIB                           

+ 75-79   HIIA                           

+ 80-100  HI                             
For honours courses grades only are released but for all other courses, grades and marks are released. The final mark that a student receives for a subject will be determined by the subject leader or coordinator taking into account all aspects of assessment.

Students should note that fail grades are made on the rec ommendation of two examiners (following the process specified under the section on assessment). Under Monash University regulations there is no procedure for re-mark applications.

It should be noted that supplementary examinations may not be available for some graduate level courses. Please consult the relevant administration office.

Results are mailed out to students by the Examinations Branch. They are also posted on notice boards on each campus. Student results are identified by student ID number, not by name.

Table 8: Location of examination results


Campus           Location of notice board     

+ Caulfield      A block                      

+ Clayton        Rotunda                      

+ Gippsland      Student Administration       

+ Peninsula      Level 2, A building          

Access to examination scripts

Students may make arrangements to view but not have copies of scripts if the examination is a short answer or multiple choice module which the examiner intends to use again. Examination script books are routinely destroyed six months after the publication of the results.

Students may make arrangements to view their script with the departmental office. They can also apply to their departmental office for a photocopy of their script for a $5 fee.

Academic progress

Undergraduate

At Caulfield and Peninsula students are generally required to follow the course as structured. Where a subject has not been satisfactorily completed students are required to repeat that subject, if offered, the following semester.

Variation to pre-planned enrolment is only permitted if the student has failed a subject and must comply with the policy that they repeat the failed subject in the following semester, or a pre-planned subject is not offered in that semester, or unresolvable timetable clashes confirmed by the administrative staff necessitate the choosing of another subject.

At Clayton in first-year subjects, progression from first semester into second semester shall not be affected by the results obtained in first semester subjects. All first-semester subjects will be allowed the normal grades of NS for scores of 40-44 and PII for scores of 45-49. Supplementary or PII grades will be awarded by the board of examiners at its December meeting. In general students cannot progress into the second-year subjects of a discipline until both first-year subjects of that discipline have been successfully completed.

Supplementary examinations may be awarded in first-year subjects. Students shall be eligible for a maximum of three PII and/or supplementary examination results over the whole of first year.

Students will not be allowed to enrol for a non-compulsory subject more than twice without the prior consent of the head of the teaching department.

At Gippsland students are generally required to follow the course as structured. Where a subject has not been satisfactorily passed, students are required to repeat that subject, if offered, the following semester.

Graduate

Candidature in graduate courses may be terminated by the faculty at any time if progress is deemed unsatisfactory. Normally, performance will be reviewed at the end of each semester and the student may not be permitted to continue with the course if the required standard is not met. Normally, graduate students who have their candidature terminated by the faculty will be given the chance to appeal to the Faculty of Business and Economics Unsatisfactory Progress Committee.

Supplementary assessment

Details and an application form are available from the student's relevant administration office.

Supplementary assessment procedures will vary according to the student's program.

Students who fail a subject, which is the last subject necessary to complete the undergraduate degree, will be given supplementary assessment in that subject provided that they have completed all the work for the subject, have sat the final examination and have obtained a mark of at least forty per cent in the subject.

Special consideration and deferred examinations

Special consideration is granted to students whose performance in an examination or other assessment has been significantly affected by illness or other serious cause. Special consideration applications are referred to the examiners who take the application into account when marking the papers. A student who has passed a subject normally cannot subsequently receive a higher grade as a result of a special consideration application.

Further to the university's regulation on special consideration (Examinations regulations, subsection three), the following shall apply to candidates within the faculty.

1 Applications for special consideration will only be considered when accompanied by appropriate supporting documentation. Refer to the form `Application for special consideration and/or special (deferred) examinations' which can be collected from the relevant administration office.

(a) Where special consideration is sought on medical grounds the application must be accompanied by a medical certificate and should include a statement by the doctor, in the space provided on the form, as to the student's ability to study for and/or undertake the assessment concerned.

(b) Where special consideration is sought after consulting with a counsellor the application must be accompanied by a letter from the counsellor and should include a statement by the counsellor, in the space provided on the form, as to the student's ability to study for and/or undertake the assessment concerned.

2 Where insufficient documentation is submitted to support the request, the student will be informed that additional supporting evidence is required before special consideration can be considered.

3 An application should be submitted within forty-eight hours after the last examination scheduled for the candidate in accordance with subsection 3.2 of the Examinations regulations.

4 Lack of facility with English is not a sufficient reason for special consideration to be granted.

5 A student should not be granted a higher grade or mark for the sole reason that special consideration was merited.

6 In cases where special consideration is warranted, it consists of one or more of the following options:

(a) the granting of additional time in which to complete a prescribed assignment;

(b) a special or deferred test or examination be undertaken (either written or oral);

(c) in the case of a physical handicap, allowing additional time in which to complete a written examination;

(d) in extreme cases, allowing the student to withdraw from the subject without penalty;

(e) setting an additional piece of work to be completed in order to determine the final result for the subject;

(f) arranging a later examination by providing an alternative paper at a later date.

7 Students may be granted special consideration or a deferred exam if:

(a) they were unable to sit the final examination or piece of assessment for a valid and serious reason;

(b) their academic performance throughout the semester indicated that they would have performed significantly better had it not been for the circumstance necessitating the special consideration claim.

8 Supplementary assessment is normally undertaken in late January and, except at Clayton, at mid-year. Other arrangements are at the discretion of the department.

9 Clayton: Special examinations are normally taken at the same time as the supplementary examinations in late January. This applies to supplementary or special examinations in respect of both semesters. Applications for special examinations are referred to the dean, and at the board of examiners meeting the application for special consideration is taken into account when assessing the student's results as a whole.

Unsatisfactory progress

Students whose progress is considered unsatisfactory will be liable to exclusion from the faculty. Students who are referred to the unsatisfactory progress committee are asked to show cause in writing as to why they should not be excluded. No student will be excluded without being given an opportunity to appear in person before the committee.

Any student falling into one or more of the categories listed below will be liable for exclusion by an unsatisfactory progress committee. The rules relating to Statute 6.2 Exclusion for Unsatisfactory Academic Performance shall apply.

The academic performance of the student is deemed to be unsatisfactory if:

1 the student fails any compulsory subject a second time;

2 the student has not passed at least half of the subjects taken in the two most recent semesters;

3 the student fails to comply with any conditions imposed upon the enrolment or re-enrolment;

4 the student has not completed the course within the number of years as specified in the regulations.


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