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 -GippslandPart 1

CONTENTS

  1. Executive certificates
  2. Graduate Diploma in Accounting by distance education - GradDipAcc
  3. Graduate Certificate of Business (Banking) by distance education - GradCertBus(Bkg) articulating with Graduate Diploma of Business (Banking) by distance education - GradDipBus(Bkg)
  4. Graduate Certificate of Business (Tourism Operations)/Graduate Diploma of Business (Tourism Management) - GradCertBus(TourismOperations)/GradDipBus(TourismMgt)

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 is 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 Diploma in Accounting by distance education - GradDipAcc

Course code: BGACPG

Course director: Mr Brian Conheady

The course

The Graduate Diploma of Business (Accounting) is a fee-paying graduate course by distance education designed primarily for persons with non-accounting degree qualifications occupying management positions in industry or government bodies.

Course objectives

On completion of the course students should:

+ have a coherent understanding of accounting and related subjects which satisfies the tertiary requirements for admission to the Australian Institute of Chartered Accountants and as an associate member (ASA) of the Australian Society of Certified Practising Accountants;

+ have a broad and balanced perspective of the interrelationship between subjects in financial and management accounting, computing, economics, law, auditing, taxation, finance and quantitative methods;

+ have advanced their personal development through the integration of their previously acquired knowledge and skills into accounting related areas.

Course structure

The course consists of twelve subjects of study taken over two or more years by distance education. It is expected that those wishing to undertake such a course will be in employment and will undertake the course outside normal working hours. The distance education mode is particularly appropriate for such people, and the work experience of students will enable them to understand the concepts more rapidly.

Year one

First semester

+ GBU8014 Introductory accounting

+ GBU8018 Business law

Second semester

+ GBU8019 Computers in business

+ GBU8021 Financial accounting

Year two

First semester

+ GBU8016 Quantitative methods

+ GBU8017 Accounting for management information

Second semester

+ GBU8015 Economic policy

+ GBU8022 Law of partnerships, trust and companies

Year three

First semester

+ GBU8024 Business finance

+ GBU8025 Taxation law and practice

Second semester

+ GBU8026 Accounting theory and current issues

+ GBU8027 Auditing

This program may be varied by arrangement with the course director.

Entrance requirements

Normally admission to the course is open to applicants who have qualified for a pass degree in a non-accounting discipline or an 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.

Technology requirements

It is strongly recommended that students have access to a personal computer. (Please note that the School of Business and Electronic Commerce is an IBM-compatible windows environment.) It is also recommended that students have access to a modem to facilitate e-mail communication with teaching staff.

Credit for work done elsewhere

Credits and exemptions may be granted for relevant partially completed graduate studies. The merit of these applications will be determined on a case by case basis. It is essential that subjects submitted for credit and exemption fit the philosophy and principles of this graduate course of study. Overseas qualifications must be assessed by the National Office of Overseas Skills Recognition (NOOSR) to be considered. Subjects studied more than ten years ago are regarded as beyond a reasonable time limit for applicability and therefore are not acceptable for credit/exemption.

Fees

This is a fee-paying graduate course for which no additional liability under the Higher Education Contribution Scheme (HECS) will be incurred. For a student undertaking the normal workload of two subjects per semester, fees of $800 per subject will apply. An additional fee will also apply for amenities and library services. Fees paid may be tax deductible in accordance with Section 51(i) of the Income Tax Assessment Act, but students will need to determine their own tax position.

Application procedures

Applications close the first week in February (first intake) and the first week in June (second intake). Fees are payable on acceptance of an offer. An administration fee is payable for those students who withdraw from the course before 31 March (first intake) and 31 August (second intake).

Application forms for course admission may be obtained from the School of Business and Electronic Commerce office by telephoning (03) 9902 6380 or (051) 226 380. Application forms should be forwarded to the manager, student sdministration, Monash University, Gippsland campus, Churchill, Victoria 3842. Applications must include certified documentary evidence of entry qualifications.

Further inquiries

Information on this course may be obtained by contacting the School of Business and Electronic Commerce telephone (03) 9902 6380 or (051) 22 6380. For more specific details on the course, contact the course director, Brian Conheady telephone (03) 9902 6644 or (051) 22 6644 or facsimile (03) 9902 6205 or (051) 22 6205.


Graduate Certificate of Business (Banking) by distance education - GradCertBus(Bkg) articulating with Graduate Diploma of Business (Banking) by distance education - GradDipBus(Bkg)

Course code: BCBAPG (Graduate Certificate), BGBAPG (Graduate Diploma)

Course director: Mr Michael Crowley

The course

These fee-paying postgraduate courses by distance education have been designed to provide graduates in banks and non-bank financial institutions with intensive training in banking and finance subjects.

Objectives

On completion of the course students should:

+ have a rigorous, theoretical and practical grounding in the principles of banking and finance and their application;

+ have a balanced, analytical appreciation of the impact of regulatory supervision and the other external forces governing the financial system's competitive environment;

+ have obtained specialist professional and academic qualifications and skills applicable to the rapidly changing banking and finance industry;

+ have the knowledge base to advance to the higher level studies.

Professional recognition

As these courses are primarily designed to allow graduates in the banking and finance industries to satisfy the educational requirements for entry to senior associate status with the Australian Institute of Bankers, applicants should approach that organisation to obtain clear guidance given their educational background and experience of the subjects to be selected to achieve this purpose. Some students may be able to satisfy these requirements by completing the certificate. Other students may need to advance to the diploma upon completion of the certificate.

Graduate Certificate of Business (Banking)

Course structure

The Graduate Certificate of Business (Banking) consists of the following subjects.

Year one

First semester

+ GBU8043 Banking law and lending practice

+ GBU8044 Financial institutions management

Second semester

+ Elective subject*

+ GBU8046 Money, banking and capital markets

Students satisfactorily completing the Graduate Certificate of Business (Banking) may then advance to the Graduate Diploma of Business (Banking).

* Chosen from degree or other graduate diplomas offered by the 
School of Business and Electronic Commerce approved by the course director.

Graduate Diploma of Business (Banking)

The Graduate Diploma of Business (Banking) consists of the following four additional subjects.

Year two

First semester

+ GBU8047 International banking and finance#

+ GBU8048 Portfolio management and theory#

Second semester

+ GBU8049 Corporate strategy for financial institutions+

+ GBU8050 Treasury management for financial institutions+

On satisfactory completion of the Graduate Diploma of Business (Banking) students are eligible to apply for entry to the masters program in banking and finance by course work offered by the Department of Banking and Finance, Faculty of Business and Economics, Caulfield campus.

# Prerequisite: Graduate Certificate of Business (Banking)

Entrance requirements

Normally applicants require a pass degree or an equivalent qualification from a recognised tertiary institution, and at least three years relevant employment or experience. Applicants without a first degree who have at least six years relevant business experience should consult the course director as to the availability of an executive certificate in the discipline area.

Technology requirements

It is strongly recommended that students have access to a personal computer. (Please note that the School of Business and Electronic Commerce is an IBM-compatible windows environment.) It is also strongly recommended that students have access to a modem to facilitate e-mail communication with teaching staff.

Credit for work done elsewhere

Credits and exemptions may be granted for relevant partially completed graduate studies. The merit of these applications will be determined on a case by case basis. It is essential that subjects submitted for credit and exemption fit the philosophy and principles of this post graduate course of study. Overseas qualifications must be assessed by the National Office of Overseas Skills Recognition (NOOSR) to be considered. Subjects studied more than ten years ago are regarded as beyond a reasonable time limit for applicability and therefore are not acceptable for credit/exemption.

Fees

This is a fee-paying graduate course for which no additional liability under the Higher Education Contribution Scheme (HECS) will be incurred. For a student undertaking the normal workload of two subjects per semester, fees of $800 per subject will apply. An additional fee will apply for amenities and library services. Fees paid may be tax deductible in accordance with Section 51(i) of the Income Tax Assessment Act, but students will need to determine their own tax position.

Application procedures

Applications should be received in the first week of February (1st intake) and the first week in June (mid-year intake). Fees are payable on acceptance of an offer. An administration fee is payable for those students who withdraw from the course before 31 March (first intake) and 30 August (second intake). Priority will be given to appropriately qualified early applications.

Application forms for course admission may be obtained from the School of Business and Electronic Commerce administration office by telephoning (03) 9902 6380 or (051) 226 380. Application forms should be forwarded to the manager, student administration, Monash University, Gippsland campus, Churchill, Victoria 3842. Applications must include certified documentary evidence of entry qualifications.

Further inquiries

Contact the School of Business and Electronic Commerce telephone (03) 9902 6380 or (051) 226 380. For more detailed information contact the course advisers, telephone (03) 9902 6642 or (051) 226 642.


Graduate Certificate of Business (Tourism Operations)/Graduate Diploma of Business (Tourism Management)* - GradCertBus(TourismOperations)/GradDipBus(TourismMgt)

Course code: BCTOPG (Graduate Certificate), BGTMPG (Graduate Diploma)

Course director: Mr Ian Kelly

* By distance education.

The course

These fee-paying graduate courses by distance education provide graduates with an opportunity to study the operations and management of the tourism industry as a business process.

Graduate Certificate of Business (Tourism Operations)

Course objectives

On completion of the course students should:

+ have a broad understanding of tourism and the environment in which it functions;

+ have knowledge of, and the ability to apply, effective management operations in the hospitality, attractions and travel sectors;

+ have developed appropriate attitudes with respect to the environment, the needs of host communities, customer orientation and enterprise sustainability.

Course structure

The Graduate Certificate of Business (Tourism Operations) comprises four compulsory subjects as follows:

First semester intake (March)

+ GBU8030 Tourism operations A (Travel)

+ GBU8031 Tourism operations B (Hospitality)

Second semester

+ GBU8028 Introduction to tourism

+ GBU8029 Tourism management A

Second semester intake (July)

+ GBU8028 Introduction to tourism

+ GBU8029 Tourism management A

First semester

+ GBU8030 Tourism operations A (Travel)

+ GBU8031 Tourism operations B (Hospitality)

Students who successfully complete the Graduate Certificate of Business (Tourism Operations) may then advance to the Graduate Diploma of Business (Tourism Management).

Graduate Diploma of Business (Tourism Management)

Course objectives

On completion of the course students should:

+ have the ability to apply knowledge of tourism, the environment in which it functions, and effective management operations in the various tourism sectors to the management of tourism enterprises, tourist destinations and tourism project developments;

+ have broader understanding and range of skills through the undertaking of two elective studies from a range of other business area;

+ have developed appropriate attitudes with respect to the environment, the needs of host communities, customer orientation and enterprise sustainability;

Course structure

The Graduate Diploma of Business (Tourism Management) consists of the following subjects.

Year one

First semester intake (March)

Select two subjects from:

+ GBU8030 Tourism operations A

+ GBU8031 Tourism operations B

+ Elective 1 (if available)

+ Elective 2 (if available)

Second semester

+ GBU8028 Introduction to tourism

+ GBU8029 Tourism management A

Year two

First semester

Select two subjects not yet completed from:

+ GBU8030 Tourism operations A

+ GBU8031 Tourism operations B

+ Elective 1

+ Elective 2

Second semester

+ GBU8032 Tourism management B

+ GBU8053 Tourism management projects

Year one

Second semester intake (July)

+ GBU8028 Introduction to tourism

+ GBU8029 Tourism management A

First semester

+ GBU8030 Tourism operations A

+ GBU8031 Tourism operations B

Year two

Second semester

+ GBU8032 Tourism management B

+ Elective 1

First semester

+ GBU8052 Tourism management projects

+ Elective 2

+ Electives

For the Graduate Diploma of Business (Tourism Management) it is necessary to undertake two electives. The following subjects are recommended by the course director as having the greatest potential in tourism management. Semester availability is shown in brackets.

+ GBU8001 Management theory and practice (1)

+ GBU8002 Human resource management

+ GBU8004 Financial management (2)

+ GBU8010 Marketing management (1)

+ GBU8014 Introductory accounting (1),(2)

+ GBU8018 Business law (1)

+ GBU8019 Computers in business (2)

+ GBU8034 Industrial relations (1)

Entrance requirements

Normally, admission to the course is available to applicants who possess a pass degree, or equivalent from a recognised tertiary institution, qualifications and who have had at least three years full-time appropriate employment experience. Applicants without a first degree who have at least six years relevant employment experience should consult the course director as to the availability of an executive certificate in the discipline area.

Technology requirements

It is recommended that students have access to a personal computer for some subjects. (Please note that the School of Business and Electronic Commerce is an IBM-compatible windows environment.)

Credit for work done elsewhere

Credits and exemptions may be granted for relevant partially completed graduate studies. The merit of these applications will be determined on a case by case basis. It is essential that subjects submitted for credit and exemption fit the philosophy and principles of this post graduate course of study. Overseas qualifications must be assessed by the National Office of Overseas Skills Recognition (NOOSR) to be considered. Subjects studied more than ten years ago are regarded as beyond a reasonable time limit for applicability and therefore are not acceptable for credit/exemption.

Fees

This course is a fee-paying graduate course for which no additional liability under the Higher Education Contribution Scheme (HECS) will be incurred. For a student undertaking the normal workload of two subjects per semester, fees of $800 per subject will apply. An additional fee will apply for amenities and library services. Fees paid may be tax deductible in accordance with Section 51(i) of the Income Tax Assessment Act, but students will need to determine their own tax position.

Application procedures

Applications close the first week in February (first intake) and the first week in June (second intake). Fees are payable on acceptance of an offer. An administration fee is payable for those students who withdraw from the course before 31 March (first intake) and 31 August (second intake).

Application forms for course admission may be obtained from the School of Business and Electronic Commerce office by telephoning (03) 9902 6380 or (051) 226 380. Application forms should be forwarded to the manager, student administration, Monash University, Gippsland campus, Churchill, Victoria 3842. Applications must include certified documentary evidence of entry qualifications.

Further Information

Further information on this course can be obtained from the School of Business and Electronic Commerce telephone (03) 9902 6380 or (051) 22 6380. For more detailed information contact the School of Business and Electronic Commerce administration officer on (03) 9902 6642 or (051) 22 6642.


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