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 GRADUATE STUDIES -Caulfield and PeninsulaPart 2
CONTENTS
- Graduate Diploma in Accounting - GradDipAcc
- Graduate Diploma in Advanced Accounting - GradDipAdvAcc
- Graduate Diploma in Agribusiness - GradDipAgribus
- Graduate Diploma in Banking and Finance - GradDipBkg&Fin
- Graduate Diploma in Business Management - GradDipBusMgt
- Graduate Diploma in Financial Management - GradDipFinMgt
Course code: 0880, 0724, 0405, 0748
Course director: Mr Lawrence Webb
The course
The Graduate Diploma in Accounting is a two-year part-time fee-paying course
which is designed as a `conversion course' for those without tertiary
qualifications in accounting.
Objectives
The Graduate Diploma in Accounting program aims to develop and enhance
students' knowledge and skills of accounting and related fields. The objectives
of these intensive study programs are to offer graduates from non-accounting
disciplines the opportunity to introduce and develop their knowledge of
accounting and business-related disciplines.
Entrance requirements
Normally applicants require a pass degree or an equivalent qualification from a
recognised tertiary institution. Applicants without a first degree who have at
least six years senior management experience should consult the course director
as to the availability of an executive certificate in the discipline area.
Venue
Classes are offered at the Caulfield campus in two block teaching sessions
Tuesday, Wednesday Thursday at 6-10 pm and Saturday 9 am - 6 pm.
Credit for work done elsewhere
Candidates may be eligible for a maximum of four exemptions for equivalent
subjects completed in prior degrees. Please refer to the course director for
the Graduate Diploma in Accounting for details relating to credit transfers.
Articulation
On completion of the Graduate Diploma in Accounting at the required standard
candidates may be eligible to transfer to the Master of Practising Accounting
or Master of Business (Accounting) programs.
Professional recognition
Completion of the Graduate Diploma in Accounting will enable graduates to meet
the academic requirements for admission to the CPA program of the Australian
Society of Certified Practising Accountants and the professional year program
of the Institute of Chartered Accountants in Australia.
Course structure
+ ACC6500 Introductory accounting and financial information systems I
+ FIN6020 Business law
+ ACC6510 Quantitative methods in accounting
+ ACC6521 Introductory accounting and financial information systems II
+ FIN6530 Economics
+ FIN6541 Company and commercial law
+ ACC6601 Financial accounting I
+ ACC6611 Managerial accounting
+ ACC6621 Auditing
+ ACC6631 Financial accounting II
+ ACC6641 Business finance
+ FIN6651 Taxation law and practice
Course code:1307
Course directors: Mr Lawrence Webb and Associate Professor Nethercott
The course
The Graduate Diploma in Advanced Accounting is a one-year full-time or two-year
part-time fee-paying course which is designed specifically for those students
who wish to meet the professional educational needs to complete the CPA program
of the Australian Society of Certified Practising Accountants (ASCPA).
Objectives
The Graduate Diploma in Advanced Accounting requires the completion of eight
subjects. It includes up to five subjects taken from the CPA program (required
for the purposes of ASCPA qualification for full membership). Each subject is
designed to provide educational support and extend the student's knowledge and
skills in accounting. It also provides an opportunity to increase an
understanding of managerial skills, particularly as they apply to accounting
professionals and broaden the skills of accountants in business-related areas.
Candidates enrolling in the Graduate Diploma in Advanced Accounting may on
successful completion at the required standard transfer to other masters-level
courses.
Entrance requirements
Normally applicants require a pass degree with a major in accounting from a
recognised tertiary institution or a recognised professional accounting
qualification; or an equivalent qualification.
Venue
Teaching will be offered at either the Clayton or Caulfield campuses of Monash
University, depending on the particular subject.
Credit for work done elsewhere
Full credit is granted for CPA subjects completed in the past five years. For
further details relating to credit transfer, please refer to the course
director for the Graduate Diploma in Advanced Accounting.
Articulation
On successful completion of the Graduate Diploma in Advanced Accounting at the
required standard, candidates may elect to transfer to the MBA program or on
approval to a masters-level program in the faculty .
The Graduate Diploma in Advanced Accounting course provides an opportunity for
candidates to acquire a master's degree while completing the further study
requirements leading to registration as a CPA.
Professional recognition
Graduates will meet the academic requirements for admission as a member of the
Australian Society of Certified Practising Accountants.
Course structure
A total of eight subjects is required:
(a) five subjects chosen from
+ GDA 6001 CPA - Core I
+ GDA 6002 CPA - Core II
+ GDA 6003 CPA - Taxation
+ GDA 6004 CPA - Treasury
+ GDA 6005 CPA - Management accounting
+ GDA 6006 CPA - Auditing
(b) Minimum two subjects from
+ GDA 6007 Business accounting I: concepts and techniques
+ GDA 6008 Strategic policy and entrepreneurship
+ GDA 6009 Financial reporting and statement analysis
+ GDA 6010 Business accounting II: strategic issues
(c) Maximum one subject from faculty subjects in business and economics
or approved business and economics subjects from external
institutions.
Course code: 0927
Course director: Dr Bill Schroder
The course
Agribusiness includes all private firms, public agencies and statutory
marketing authorities that bring food and fibre products to consumers or
industrial customers.
This course provides applied and practical marketing and management training,
including analytical and decision-making skills, for people working within
agribusiness.
Objectives
On completion of the course students should:
+ have a thorough appreciation and understanding of how the agricultural
sector works, and in particular, the inter and intra-relationships which exist
between the various subsectors, marketing channels, and firms which comprise
international agribusiness;
+ have an understanding and appreciation of the role of public policy, and
governmental and quasi-governmental institutions in agribusiness; and the
interrelationships which exist between the public and private sectors;
+ be in a position to develop conceptual and managerial decision-making
skills in strategic, functional, and operational areas of agribusiness.
Entrance requirements
Normally applicants require a pass degree or an equivalent qualification from a
recognised tertiary institution. A key selection criteria will be an assessment
of whether the applicant possesses the experience and ability to successfully
complete the course. Previous academic achievements and work experience will be
considered in this assessment. Applicants without a first degree who have at
least six years senior management experience should consult the course director
as to the availability of an executive certificate in the discipline area.
Venues
The course will be offered on a part-time basis as a series of eight intensive
five-day residential sessions presented over a two-year period at the Peninsula
campus.
Students wishing to complete the course in twelve months can do so on a
full-time basis.
Credit for work done elsewhere
Please refer to the course director for details relating to credit transfers.
Note that the masters course has the Graduate Diploma in Agribusiness as the
first eight five-day sessions. The Graduate Diploma in Agribusiness articulates
into the Master of Business (Agribusiness).
Course structure
Year one
First semester
+ MKT6720 Agribusiness I
+ MKT6710 Agribusiness marketing
Second semester
+ MKT6760 Agribusiness channels
+ ACC6830 Agribusiness financial control
Year two
First semester
+ MGM6420 Agribusiness management
+ MKT6740 Agribusiness trade and policy
Second semester
+ MKT6730 Agribusiness II
+ MKT6770 Strategic agribusiness
Course code: 0396
Course director: Associate Professor Robin Edwards
The course
This one-year full-time or two-year part-time course offers specialised studies
in banking and finance for people working in the financial services and
corporate treasury sectors. The aim of the program is to provide candidates
with the conceptual and managerial decision-making skills necessary for
effective management in the continuously changing domestic and international
financial market environment. Course intake is available semester one and
semester two.
Objectives
This course has been designed to provide:
+ an advanced course of formal study of the continuously changing domestic
and international financial markets and environment in which `tomorrow's
bankers and international finance managers must function';
+ graduates with conceptual and managerial decision making skills in the
operational areas of - funds management and pricing of financial services,
strategic planning of financial services - international banking operations -
portfolio management, options and futures market operations - corporate
finance, investment banking operations;
+ graduates with increased operational knowledge and skills in conducting
business internationally by evaluation of the social, political, economic and
regulatory environmental issues which are unique to banking and financial
operations;
+ a vocational outcome which will increase the range of skills employed in
the financial services industry by the acquisition of advanced conceptual and
managerial decision making skills, and provide for effective management of
resources in the Australian financial system.
Entrance requirements
Normally applicants require a pass degree or equivalent qualification from a
recognised tertiary institution. A key selection criteria will be an assessment
of whether the applicant possesses the experience and ability to successfully
complete the course. Previous academic achievements and work experience will be
considered in this assessment. Applicants without a first degree who have at
least six years senior management experience should consult the course director
as to the availability of an executive certificate in the discipline area.
Professional accreditation
The Australian Institute of Bankers recognises this program as satisfying the
educational requirements for advancement to senior associate status.
Prospective applicants should contact the Australian Institute of Bankers for
details.
Venue
Evening only classes are offered at the Caulfield campus.
Credit for work done elsewhere
Please refer to the course director for the Graduate Diploma in Banking and
Finance for details relating to credit transfers.
Course structure
The course is conducted in the evening from 6 pm to 9 pm on the Caulfield
campus. The program is based on an eight-unit structure, with two subjects of
three class contact hours each week per thirteen-week semester of part-time
study (two years of study) or four subjects per semester for full-time studies
(one year of study). The part-time sequence is shown below. Full-time students
take MKT6790, FIN6260, FIN6270 and FIN6160 in second semester 1995 and FIN6380,
FIN6140, FIN6350 and FIN6180 in first semester 1996.
Year one
First semester
+ MKT6790 Banking and financial services marketing
+ FIN6260 Australian capital markets
Second semester
+ FIN6380 Banking law and practice
+ FIN6140 Bank lending
Year two
First semester
+ FIN6270 Treasury management for financial institutions
+ FIN6160 International banking and finance
Second semester
+ FIN6350 Portfolio management and theory
+ FIN6180 Financial institutions' planning and strategy
Course code: 0319
Course directors: Ms Leah Kaye and Mr Michael Morrison
The course
This eight-subject course has been designed to enhance and develop management
skills in systems thinking, organisational learning, strategy, finance,
marketing and managerial competencies. Students will be able to develop an
understanding of managerial roles required to manage individuals and
organisations in dynamic environments.
Students who complete the Graduate Diploma in Business Management with a grade
C or higher fulfil the preliminary year requirements for the Master of
Organisational Systems.
Objectives
On completion of the course students will:
+ have gained the knowledge and skills necessary to understand the
systemic nature and underlying dynamics of organisations;
+ have an understanding of the leadership skills required to manage change
and build learning organisations;
+ understand the need for effective management and how best to manage
their own development as managers.
Entrance requirements
Normally applicants require a pass degree or equivalent qualification from a
recognised tertiary institution. A key selection criteria will be an assessment
of whether the applicant possesses the experience and ability to successfully
complete the course. Previous academic achievements and work experience will be
considered in this assessment. Applicants without a first degree but who have
least six years senior management experience should consult the course director
as to the availability of an executive certificate in the discipline area.
Venue
Part-time classes are offered in evening, weekend, or block teaching modes at
Caulfield campus.
Credit for work done elsewhere
Please refer to the course director for the Graduate Diploma in Business
Management for details relating to credit transfers.
Course structure
The course for the graduate diploma shall consist of eight subjects (seven
compulsory subjects and one elective):
+ ACC6720 Accounting for managers
+ MGM6210 Introduction to systems thinking
+ MGM6700 Managing people and organisations
+ MGM6720 Managing in a changing environment
+ MGM6760 Strategic planning and management
+ MKT6780 Marketing concepts and strategies
+ MGM6940 Managerial competencies
The one elective can be chosen from the following:
+ MGM6851 Human resource management issues
+ MGM6880 Managing quality and productivity
+ MGM6890 Information management
+ MGM6831 Employee Relations
Course code: 0501
Course director: Professor Claudio Romano
The course
This course is a coursework full-fee paying degree, undertaken either on a
full-time or part-time basis. The program comprises eight semester units and
normally takes one-year full-time study or two years part-time. It has been
designed specifically for those students who have completed an
accounting-specific undergraduate degree or related discipline or have
membership in a recognised professional accounting body, and who want to
enhance and develop their knowledge and skills especially with a view to senior
management responsibilities. The graduate diploma encompasses studies at an
advanced level in financial and managerial accounting, finance, and
investments. Students complement their learning of theoretical concepts by
using a wide range of practical applications and case studies. Students also
gain insight into research methodologies and techniques which extend and
support their learning and expose them to the contemporary issues and problems
confronting senior managers of modern enterprises.
Entrance requirements
Admission to the course is open to applicants with a pass degree in accounting;
or equivalent qualification from a recognised tertiary institution.
Venue
Classes are offered at the Caulfield campus in two block teaching sessions
Tuesday, Wednesday, Thursday at 6-10 pm and Saturday 9 am - 6 pm
Credit for work done elsewhere
Candidates may be eligible for a maximum of two exemptions for subjects
completed in equivalent fourth year accounting related degrees.
Articulation
On successful completion of the Graduate Diploma in Financial Management at the
required standard, candidates may be eligible to transfer to the Master of
Business (Accounting) program.
Course structure
A total of eight subjects is required.
(1) ACC4050 (Research project) and SYM4060 (Research methods), both of which
are compulsory and equivalent to two subjects each;
(2) Two subjects chosen from ACC4010 (Advanced financial accounting), ACC4020
(Advanced management accounting), ACC4030 (Advanced finance), ACC4040 (Advanced
investments) and ACC7210 (Advanced treasury management).
(3) Two subjects chosen from those listed in (2) above (and not previously
selected) or from subjects offered by the Syme Department of Accounting with a
subject code with a numeric prefix of `7'.
| Outline of graduate studues - Caulfield and Peninsula Part 1
| Business & Economics Handbook contents
| Monash handbooks
| Monash University