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 1

CONTENTS

  1. Executive certificates
  2. Graduate Certificate in Accounting - GradCertAcc
  3. Graduate Certificate in Asian Business - GradCertAsianBus
  4. Graduate Certificate of Business - GradCertBus
  5. Graduate Certificate in Internal Auditing - GradCertIntAud
  6. Graduate Certificate in Management - GradCertMgt
  7. Graduate Certificate in Taxation+ - GradCertTax

Responsibility for subject choice

Students are advised that, while the faculty will endeavour to give every possible assistance and advice concerning subject choice, the onus is on the student to ensure that the subjects selected meet the course regulations and requirements. This not the faculty's responsibility and the faculty does not take any responsibility for error in subject selection.


Executive certificates

The faculty has recently introduced executive certificates in many discipline areas. These certificates are available to senior managers without a first degree who have extensive relevant employment experience. They involve the study of four graduate-level subjects in the relevant discipline area and provide for articulation opportunities, where a relevant graduate diploma course exists, for those students who attain an average of credit level or above throughout their studies.

Applicants for executive certificates must have at least six years business experience, and have been either an owner manager or in a management/supervisory position(s) or administering expenditure in excess of $500,000 per annum for at least three years. Applicants also need to be recommended by their employer or, if self employed, must provide suitable references.

Inquiries should be directed to the relevant department for more specific details relating to the availability of executive certificates in the chosen area of study.


Graduate Certificate in Accounting - GradCertAcc

Course code: 0569

Course director: Mr Lawrence Webb

The course

The Graduate Certificate in Accounting is a one-year part-time fee-paying course, which is designed for students with a degree in a field other than accounting who wish to obtain a sound introduction to accounting concepts and procedures.

Successful candidates may proceed to studies towards a Graduate Diploma in Accounting, which will then provide them with the basic requirement to obtain membership of the professional accounting bodies.

Objectives

An introduction to Graduate Diploma/Master of Practising Accounting, accounting principles, theory, financial and management accounting for non-accounting graduates.

Entrance requirements

Normally applicants for this course 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 one exemption for equivalent subjects completed in prior degree.

Articulation

On completion of the Graduate Certificate in Accounting candidates may be eligible to transfer to the Graduate Diploma in Accounting or Master of Practising Accounting programs.

Course structure

+ ACC6500 Introductory accounting and financial information systems 1

+ ACC6601 Financial accounting I

+ ACC6611 Managerial accounting

+ FIN6020 Business Law


Graduate Certificate in Asian Business - GradCertAsianBus*

Course code: 1021

Course director: Ms Alice de Jonge

The course

This part-time four-subject course is aimed at providing the specialised skills and expertise critical for successful decision-making within the Asian region. Designed for business people, economists, lawyers, bankers, financiers, accountants and managers connected directly or through clients to the Asian region, the course focuses on financial, legal, economic and social factors which impact upon operations within the Asian region.

* Subject to final university approval.

Objectives

The course has both an academic and a vocational orientation and provides participants with:

+ an overview of the Asian region's socio-economic environment with a focus on selected regional countries;

+ an understanding of the legal systems governing international trade and regional business operations;

+ an awareness of the economic, social and legal factors affecting Asian regional trade and finance;

+ practical negotiating skills sharpened by an understanding of cross-cultural Asian legal and socio-economic factors;

+ an appreciation of effective human resource management in the Asian region;

+ an understanding of Asian capital markets and their financial instruments;

+ a knowledge of the functions and characteristics of Asian regional financial markets and selected banking systems;

+ an ability to develop a business and financing strategy incorporating regional aims.

Entrance requirements

Normally admission to the course is open to applicants who have qualified for 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

Evening classes are offered at the Caulfield campus.

Credit for work done elsewhere

Please refer to the course director for the Graduate Certificate in Asian Business for details relating to credit transfers.

Course structure

The course can be taken on a one or two subject per semester basis. Completion of the course requires a pass in four subjects.

+ FIN6030 Asian economies

+ FIN6040 Asian banking and finance

+ FIN6050 Asian business law

+ MGM6070 Asian management


Graduate Certificate of Business - GradCertBus

Course code: 0567

Course director: Ms Anne Bardoel

The course

The aim of this course is to allow employers the opportunity to sponsor their senior managers into a four-unit graduate certificate. Companies that wish to encourage their managers to study in graduate diploma or masters programs can see this course as a useful starting point for those who wish to continue with higher study and as a useful exit point for those requiring specific educational programs.

The Graduate Certificate of Business will enable employers to select the four subjects from any of the graduate diploma programs in the Syme Department of Accounting, Syme Department of Banking and Finance, Department of Business Management, and Syme Department of Marketing in the Faculty of Business and Economics which are most appropriate for their managers.

Both the Graduate Certificate of Business and the Graduate Certificate in Management have been specifically designed to enable employers to sponsor their middle to senior managers for an accredited qualification.

Objectives

On completion of the course students should:

+ gain an introductory general business knowledge in subjects which they choose from the Faculty of Business and Economics offerings;

+ be equipped with the learning skills to undertake further study in graduate diploma and masters subjects in the faculty.

Entrance requirements

Admission to the course is open to applicants who possess a pass degree in any discipline from a recognised tertiary institution; or equivalent qualification. 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 the discipline area.

Venue

This course will be offered part-time either on the Caulfield campus or `in-house'.

Credit for work done elsewhere

Please refer to the course director for the Graduate Certificate of Business for details relating to credit transfers.

Course structure

Completion of the graduate certificate will require a pass grade in four subjects selected from graduate programs offered by the Syme Department of Accounting, Syme Department of Banking and Finance, Department of Business Management, and Syme Department of Marketing in the Faculty of Business and Economics.

Where the graduate certificate is conducted in-house, the client shall determine the selection of subjects making up the graduate certificate.

Candidates for the graduate certificate must complete all subject prerequisites as specified in the details of subjects, to the satisfaction of the course leader.


Graduate Certificate in Internal Auditing - GradCertIntAud

Course code: 0536

Course director: Mr Gurdarshan Gill

The course

The Graduate Certificate in Internal Auditing is a one-year part-time fee-paying course suitable for practising internal auditors. The course will provide an opportunity for internal auditors to improve their knowledge and skills in the theory and practice of internal auditing. Students will obtain an understanding of and improve their skills in various disciplines affecting the work of internal auditors. The course aims to prepare graduates for accreditation with the professional organisations.

Objectives

The course provides:

+ an opportunity for internal auditors to improve their knowledge and skills in the theory and practice of internal auditing;

+ an understanding and knowledge of various disciplines affecting the work of internal auditors;

+ meaningful internal audit education to assist graduates in preparing for accreditation with professional organisations.

Entrance requirements

Normally applicants for this course 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

Evening classes will be offered at the Caulfield campus or at an alternative venue as required.

Credit for work done elsewhere

Candidates may be eligible for a maximum of two exemptions for equivalent subjects already completed.

Course structure

+ ACC6420 Theory and practice of internal auditing I

+ ACC6430 Theory and practice of internal auditing II

+ ACC6440 Management science and information systems

+ ACC6450 Managerial accounting


Graduate Certificate in Management - GradCertMgt

Course code: 0568

Course director: Ms Anne Bardoel

The course

The aim of this course is to allow employers the opportunity to sponsor their senior managers into a four-unit graduate certificate. Companies that wish to encourage their managers to study in graduate diploma or masters programs can see this course as a useful starting point for those who wish to continue with higher study and as a useful exit point for those requiring specific educational programs.

The Graduate Certificate in Management will enable employers to select the four subjects from any of the graduate diploma programs in the Department of Business Management, Faculty of Business and Economics which are most appropriate for their managers.

Both the Graduate Certificate of Business and the Graduate Certificate in Management have been specifically designed to enable employers to sponsor their middle to senior managers for an accredited qualification.

Objectives

On completion of the course students should:

+ gain an introductory level experience in the principles of management in a complex and rapidly changing environment;

+ be familiar with the key competencies required by the generalist manager;

+ have an understanding of the processes by which managers can influence individual and group performance in organisations.

Entrance requirements

Normally applicants for the course require a pass degree or equivalent qualification from a recognised tertiary institution. A key selection criterion 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.

Venue

The course will be offered part-time on the Caulfield campus or `in-house'.

Credit for work done elsewhere

Please refer to the course director for the Graduate Certificate in Management for details relating to credit transfers.

Course structure

The graduate certificate shall comprise four subjects of which a core of three subjects must be chosen from the following list of subjects from the Graduate Diploma in Business Management. A candidate may select as the fourth subject any other graduate-level subject offered by the faculty.

+ ACC6720 Accounting for managers

+ MGM6210 Introduction to systems thinking

+ MGM6720 Managing in a changing environment

+ MGM6700 Managing people and organisations

+ MGM6851 Human resource management issues

+ MGM6880 Managing quality and productivity

+ MGM6890 Information management

+ MGM6940 Managerial competencies

+ MKT6780 Marketing concepts and strategies


Graduate Certificate in Taxation* - GradCertTax

Course code: To be advised

Course director: Mr Wayne Gumley

The course

The aim of this fee-paying course is to provide a short course in taxation and related topics appropriate for taxation practitioners seeking to meet continuing professional education requirements; become registered tax agents; or update their knowledge in specific taxation areas. It is also appropriate for graduates working in other areas who regularly deal with taxation issues and for those who wish to complete a preliminary course of taxation studies.

* Subject to final university approval.

Objectives

Upon completion of this course students will have:

+ examined in detail the legislation, case law and income tax rulings applicable to a selected range of taxation issues;

+ gained an appropriate level of understanding of the areas of accounting and general law which are related to taxation practice;

+ considered practical case studies and class exercises designed to develop the advanced analytical skills required in interpretation and application of taxation laws;

+ developed an appreciation of the need for an integration of diverse areas of revenue law and general business law in modern business transactions;

+ become familiar with taxation law research skills and analytical writing skills through the completion of written assignments on a variety of current taxation issues; and

+ developed oral presentation skills through participation in class discussions on complex taxation matters.

Entrance requirements

Normally applicants for admission to this course require a pass degree or 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.

Course structure

Candidates must complete any four subjects from the following list of electives:

+ FIN 6390 Penalties and prosecutions

+ FIN 6440 Tax administration

+ FIN 6450 Taxable entities

+ FIN 6460 Capital gains tax

+ FIN 6470 Remuneration and retirement packages

+ FIN 6480 International tax

+ FIN 6490 Current issues in taxation and tax planning

+ FIN 6500 Indirect and other taxes

+ FIN 6060 Asian taxation

Duration

Students would normally complete the course over one semester of full-time study or two semesters of part-time study.

Venue

This course is normally offered on campus in evening seminars at the Caulfield campus and may also be offered at other locations or modes of delivery by negotiation.

Credit for work done elsewhere

Applicants who have completed subjects at a recognised tertiary institution which are similar in content to subjects forming part of this course may apply to the course director for credit to a maximum of one subject. Such credit is at the discretion of the course director.

Articulation

Students who complete the Graduate Certificate in Taxation may be eligible for admission to the Graduate Diploma in Taxation course with credit for up to four subjects.


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