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
OUTLINE OF UNDERGRADUATE STUDIES -Caulfield and PeninsulaPart 4
CONTENTS
- Bachelor of Arts/Bachelor of Business degrees
- Bachelor of Business (Accounting)/Bachelor of Business (Banking and Finance) - BBus(Acc)/ BBus (Bkg&Fin)
- Bachelor of Business (Accounting)/Bachelor of Business (Management) - BBus(Acc)/ BBus(Mgt)
- Bachelor of Business (International Trade)/Bachelor of Business (Management) - BBus(IntTrade)/BBus(Mgt)
- Bachelor of Business (Management)/Bachelor of Business (Marketing) - BBus(Mgt)/BBus(Mktg)
BA/BBus(Accounting)
Course code: 0550
BA/BBus(Banking and Finance)
Course code: 0553
BA/BBus(International Trade)
Course code: 0554
BA/BBus(Management)
Course code: 0555
BA/BBus(Marketing)
Course code: 0556
The course
Each double degree program is designed to provide a broadly based business
education together with a major study in one specialised area of business
(accounting, banking and finance, international trade, management or marketing)
and one specialised area of arts (foreign business languages - currently
Chinese-Mandarin, or Japanese - available at the Peninsula campus only,
English, politics, psychology or sociology). In addition, minor studies for the
arts component are available in these disciplines and in philosophy and history
(Caulfield and Peninsula campuses), labour studies (Caulfield campus only) and
classical studies (Peninsula campus only). In the Bachelor of Arts a minor
sequence normally consists of a first-year level sequence valued at twelve
points followed by second-year level subjects valued at not less than sixteen
points in an approved discipline. The major sequence is a minor sequence plus
third-year level subjects valued at not less than sixteen points, plus an
additional eight points taken at either the second or third-year level.
Candidates in these double degrees are required to meet the individual
requirements of both the Bachelor of Arts and the Bachelor of Business
specialisation and are referred to the Faculty of Arts handbook for additional
course details.
Course code: 1333
Course director: Mr John Rice
The course
The Bachelor of Business (Accounting)/Bachelor of Business (Banking and
Finance) double degree course is a combination of two degree programs and is
structured so that successful completion leads to the award of the Bachelor of
Business (Accounting) and the Bachelor of Business (Banking and Finance).
Objectives
The objective of this double degree program is to provide an integrated course
of undergraduate studies in Accounting and Banking and Finance. On completion
its graduates should have:
+ a broad understanding and appreciation of accounting, banking and
finance issues within an organisation;
+ developed effective interpersonal and communication skills with
continuous independent and critical thinking;
+ an understanding of the external environment within which business
operates and, in particular, emphasis on Australia's international context;
+ developed critical analytical and technical skills within the accounting
and banking environment;
+ the skills, opportunity and encouragement to progress into post-graduate
studies and/or research;
Professional accreditation
The degree satisfies the academic requirements for membership of the Society of
Certified Practising Accountants, the Institute of Chartered Accountants in
Australia, for senior associate membership of the Australian Institute of
Bankers and the Institute of Chartered Secretaries and Administrators.
Venue
Day and evening classes are offered at Caulfield campus. Day only classes are
offered at the Peninsula campus.
Credit for work done elsewhere
In addition to part one, section four of the degree regulations, the following
credit transfers have been standardised for the Bachelor of Business
(Accounting)/Bachelor of Business (Banking and Finance):
+ members of the Institute of Chartered Secretaries and Administrators
will be granted credit for three subjects;
+ holders of a recognised Certificate of Business Studies from the TAFE
college are eligible for credit for up to a maximum of four subjects in the
course, to be determined by the course director on a subject-by-subject
basis;
+ holders of an Associate Diploma in Accounting from a TAFE college
(post-1989) are eligible for up to a maximum of eight subjects on a
subject-by-subject basis to be determined by the course director;
+ holders of the AAIB award from the Australian Institute of Bankers are
eligible for credit for up to six subjects to be determined by the course
director (these will usually include ACC1110, FIN1300, FIN1710, FIN1010).
Course structure
Year 1
First semester
+ ACC1110 Accounting for financial decision making
+ ECM1640 Business mathematics and statistics
+ FIN1010 Commercial law
+ FIN1710 Macroeconomics
Second semester
+ ACC1121 Accounting systems and procedures
+ FIN1300 Money and capital markets
+ MGM1230 Business communication
+ MKT1120 Marketing theory and practice
Year 2
First semester
+ ACC2391 Cost accounting
+ FIN1151 Corporations law and trusts
+ FIN2401 Commercial banking and finance
+ MGM1300 Introduction to management
Second semester
+ ACC2051 Financial modelling
+ ACC2491 Company reporting
+ FIN2601 Banking law
+ FIN2710 Microeconomics
Year 3
First semester
+ ACC2431 Management accounting
+ ACC2631 Financial management
+ FIN2801 Lending law
+ MKT2111 Buyer behaviour
Second semester
+ ACC2681 Corporate takeovers and insolvency
+ ACC3631 Auditing
+ FIN3651 Treasury management
+ FIN3931 Taxation law
Year 4
First semester
+ ACC3051 Advanced financial modelling
+ ACC3791 International accounting
+ FIN3331 International banking and finance
+ FIN3841 Lending decisions
Second semester
+ ACC3491 Advanced financial accounting theory and practice
+ MGM3401 Strategic management
+ MKT3141 Issues in competitive advantage
+ ACC/FIN9011 Elective
Electives can be chosen from the Syme Department of Accounting, Department of
Banking and Finance or any department within the university, providing that
they are the appropriate level and prerequisites are met. Electives chosen
outside the faculty must be approved by the course director.
Course code: 1334
Course director: Ms Mary Anderson
The course
The Bachelor of Business (Accounting)/Bachelor of Business (Management) double
degree course is a combination of two degree programs and is structured so that
successful completion leads to the award of the Bachelor of Business
(Accounting) and the Bachelor of Business (Management).
Objectives
The objective of this double degree program is to provide an integrated course
of undergraduate studies in Accounting and Management. On completion its
graduates should have:
+ a broad understanding and appreciation of management issues with
emphasis on the role of accounting within an organisation;
+ developed effective interpersonal and communication skills with
continuous independent and critical thinking;
+ an understanding of the external environment within which business
operates and, in particular, emphasis on Australia's international context;
+ developed critical analytical and technical skills within the accounting
environment;
+ the skills, opportunity and encouragement to progress into post-graduate
studies and/or research;
Professional accreditation
The degree satisfies the academic requirements for membership of the Society of
Certified Practising Accountants, the Institute of Chartered Accountants in
Australia and the Institute of Chartered Secretaries and Administrators.
Venue
Day and evening classes are offered at Caulfield campus.
Credit for work done elsewhere
In addition to part one, section four of the degree regulations, the following
credit transfers have been standardised for the Bachelor of Business
(Accounting)/Bachelor of Business (Management):
+ members of the Institute of Chartered Secretaries and Administrators
will be granted credit for three subjects;
+ holders of a recognised Certificate of Business Studies are eligible for
credit for up to a maximum of four subjects in the course, to be determined by
the course director;
+ holders of an Associate Diploma in Accounting from a TAFE college
(post-1989) are eligible for up to a maximum of eight subjects on a
subject-by-subject basis to be determined by the course director.
Course structure
Year 1
First semester
+ ACC1110 Accounting for financial decision making
+ ECM1640 Business mathematics and statistics
+ FIN1010 Commercial law
+ MGM1230 Business communication
Second semester
+ ACC1121 Accounting systems and procedures
+ FIN1710 Macroeconomics
+ MGM1300 Introduction to Management
+ MKT1120 Marketing theory and practice
Year 2
First semester
+ ACC2391 Cost accounting
+ FIN1300 Money and capital markets
+ MGM1510 Quality management
+ MGM2691 Management of organisational performance
Second semester
+ ACC2491 Company reporting
+ ECM2111 Statistics for management
+ FIN1151 Corporations law and trusts
+ MGM2661 Human resources management
Year 3
First semester
+ ACC2051 Financial modelling
+ ACC2431 Management accounting
+ FIN2710 Microeconomics
+ MGM2341 Employee relations
Second semester
+ ACC2681 Corporate takeovers and insolvency
+ FIN3931 Taxation law
+ MGM2621 Organisational change
+ MKT2111 Buyer behaviour
Year 4
First semester
+ ACC2631 Financial management
+ ACC3631 Auditing
+ MGM3381 Information management
+ MKT3141 Issues in competitive advantage
Second semester
+ ACC3491 Advanced financial accounting theory and practice
+ ACC3791 International accounting
+ MGM3401 Strategic management
+ MGM3351 International business
Course code: 1335
Course director: Mr Ross Guest
The course
This combined course is designed for students seeking a career which involves a
managerial role in an industry with an international outlook. The course
consists of a sequence of specialist subjects in both international trade and
management. It involves four years of full-time study.
Objectives
The objectives of this double degree course are to provide students with:
+ a thorough understanding and appreciation of the international business
environment including its financial, legal, economic, managerial and marketing
components;
+ effective skills in oral communication and in the management of personal
relationships;
+ practical, analytical and process skills with general business
applications as well as specialised knowledge of international trade and
management;
+ an elementary understanding of a foreign language, relevant to
international trade and a degree of cultural awareness;
+ research skills and a suitable knowledge base for postgraduate study.
Venue
The course is offered on the Peninsula campus by day classes.
Credit for work done elsewhere
Information about credit for work done elsewhere will be available from either
the Department of Banking and Finance or Department of Business Management
administration office.
Entry requirements
Applicants are required to meet the individual entry requirements of both the
Bachelor of Business (International Trade) and the Bachelor of Business
(Management).
Course structure
Further details of each subject are available in this handbook under `Details
of undergraduate subjects'.
Year One
First semester
+ FIN1210 Foreign language 1*
+ ECM1640 Business mathematics and statistics
+ FIN1710 Macroeconomics
+ MGM1300 Introduction to management
Second semester
+ FIN1341 Foreign language 2*
+ ACC1110 Accounting and financial decision making
+ FIN1010 Commercial law
+ MKT1120 Marketing theory and practice
Year 2
First semester
+ MKT2111 Buyer behaviour
+ FIN1300 Money and capital markets
+ MGM1230 Business communication
+ MGM1510 Quality management
Second semester
+ FIN2721 Trade finance and foreign exchange
+ FIN3291 Multinational trade and investment
+ ACC2051 Financial modelling
+ MGM2691 Management of organisational performance
Year 3
First semester
+ MGM2341 Employee relations
+ FIN2191 Taxation law for international trade
+ ACC2631 Financial management
+ MGM2661 Human resources management
Second semester
+ FIN3331 International banking and finance
+ FIN3301 Case studies in international trade
+ MGM2621 Organisational change
+ MGM3351 International business
Year 4
First semester
+ FIN3201 International law
+ MGM3381 Information management
+ FIN/MGM9011 Elective
+ FIN/MGM9021 Elective
Second semester
+ MGM3401 Strategic management
+ MGM2681 International management
+ MKT3141 Issues in competitive advantage
+ FIN/MGM9031 Elective
* Each of the two language units must be in the same language
chosen from either business Chinese, business Japanese or
another foreign language approved by the course director.
Course code: 1323
Course director: Ms Irene Powell
The course
This combined course is designed for full-time students seeking a career in
management or in the marketing industry. In addition to providing a core of
marketing and management subjects, the course provides specialist study in key
areas.
Objectives
The objective of this double degree is to provide an integrated course of
undergraduate studies in Marketing and Management. On completion, its graduates
should have:
+ a broad understanding and appreciation of management issues with
emphasis on the role of marketing within an organisation;
+ developed effective interpersonal and communication skills with
continuous independent critical thinking;
+ an understanding of the external environment within which business
operates and, in particular, emphasis on Australia's international context;
+ developed practical analytical and process skills within a comprehensive
framework of the marketing environment and specialist management disciplines;
+ the ability to apply team work and technological skills to management
decision-making and the development of effective marketing plans and
strategies;
+ the skills, opportunity and encouragement to progress into postgraduate
studies and/ or research.
Venue
The course is offered on the Caulfield campus by day or evening classes.
Credit for work done elsewhere
Information about credit for work done else where will be available from either
the Department of Business Management or Syme Department of Marketing.
Entry requirements
Applicants are required to meet the individual entry requirements of both the
Bachelor of Business (Management) and the Bachelor of Business (Marketing).
Course structure
Year one
Semester one
+ MKT1120 Marketing theory and practice
+ MGM1300 Introduction to management
+ ECM1640 Business maths and statistics
+ FIN1710 Macroeconomics
Semester two
+ FIN1010 Commercial law
+ ACC1110 Accounting and financial decision making
+ MGM1230 Business communication
+ MKT1131 Statistics for marketing
Year two
Semester one
+ MKT2111 Buyer behaviour
+ MGM1510 Quality management
+ FIN1300 Money and capital markets
+ ACC2051 Financial modelling
Semester two
+ MGM2661 Human resource management
+ MKT2131 Marketing support systems
+ ACC2631 Financial management
+ MGM2641 Managerial communication
Year three
Semester one
+ MGM2691 Management of organisational performance
+ MKT2121 Marketing research
+ MGM2341 Employee relations
+ MKT3471 Sales management and negotiation
Semester two
+ MGM2621 Organisational change
+ MKT3461 Marketing communication
+ MKT3481 Logistics and channel management
+ MGM3381 Information management
Year four
Semester one
+ MKT3121 Marketing Planning and implementation
+ MGM3401 Strategic marketing
+ MGM3351 International business
+ MKT/MGM9011 Elective
Semester two
+ MKT3301 Services marketing/MKT3201 industrial marketing
+ MKT3131 Strategic management
+ MKT3141 Issues in competitive advantage
+ MKT/MGM9021 Elective
| Outline of undergraduate studues - Caulfield and Peninsula Part 1
| Business & Economics Handbook contents
| Monash handbooks
| Monash University