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Honours degrees


Bachelor of Accounting (Honours) BAcc(Hons)

Course code: 0180

Bachelor of Commerce (Honours) BCom(Hons)

Course code: 0181

Bachelor of Economics (Honours) BEc(Hons)

Course code: 0024

A fourth-year honours specialisation is available to selected students who have completed one of the Bachelor of Accounting, Bachelor of Commerce or Bachelor of Economics courses at Monash University. Selected students who complete a combined degree with one of the Bachelor of Commerce or Bachelor of Economics also may proceed to the honours degree.

Department of Accounting and Finance

Accounting and finance specialisation

Students must have completed the first three years of one of the Bachelor of Accounting, Commerce or Economics courses and obtained results judged to be of a sufficient standard by the head of the Department of Accounting and Finance for permission to be given to proceed to the fourth-year honours subject. Students will normally have completed at least three subjects at third-year level chosen from AAF3110 (Australian company law), AAF3113 (Malaysian company law), AAF3120 (Advanced accounting), AAF3130 (Management accounting), AAF3140 (Business finance), AAF3150 (Australian income tax law), AAF3153 (Malaysian income tax law), AAF3160 (Auditing and systems), AAF3170 (Management of financial intermediaries), and AAF3240 (International finance).

Students will be expected to have obtained at least credits in the third-year subjects taught by the Department of Accounting and Finance.

Students wishing to undertake fourth-year honours in the Department of Accounting and Finance must enrol for AAF4020 (Accounting and finance honours). Such students must apply to, and have their enrolment approved by, the head of the Department of Accounting and Finance or the head's nominee.

The course comprises six subjects and a policy seminar. Two subjects may be special subjects which are based on the third-year subjects taught by the faculty supplemented by additional reading and research. These special subjects are listed among the third-year subjects and have a subject code ending with the digit `4' (eg AAF3114 Australian company law).

1 Three fourth-year level subjects selected from:

In special circumstances, the head of the department may approve as one of the three core subjects a special subject.

2 Three subjects selected from:

It is strongly recommended that students with only an elementary background in statistics should include AAF4100 if they intend to do AAF4130, AAF4140 or AAF4170.

In special circumstances a student may be given permission to include up to two subjects from another faculty, where they are complementary to the honours program offered by the Department of Accounting and Finance. Such a student would need to have the appropriate prerequisites, and the head of the Department of Accounting and Finance would need to be satisfied that the subject contributed to a coherent program of study.

3 Compulsory seminar:

Accounting/econometrics specialisation

Students must have completed the first three years of either the Bachelor of Economics or the Bachelor of Commerce courses and obtained results judged to be of sufficient standard for permission to be given by the heads of the Departments of Accounting and Finance and Econometrics to proceed to fourth-year honours.

Students wishing to undertake fourth-year honours jointly in the Departments of Accounting and Finance and Econometrics must enrol for AAF4040 (Accounting/Econometrics honours). Such students must apply to, and have their enrolment approved by, both heads.

The course comprises six subjects and a policy seminar. Three subjects must be taken from each area of study except with the permission of the two heads.

1 Three subjects selected from:

Only one special subject may be counted as one of the three core subjects. These special subjects are listed among the third-year subjects and have a subject code ending with the digit `4' (eg AAF3114 Australian company law).

2 Three subjects selected from:

Only one special subject may be counted as one of the three core subjects.

3 Compulsory seminar:

Department of Econometrics

Econometrics specialisation

Students must have completed the first three years of the Bachelor of Economics, Bachelor of Commerce or Bachelor of Commerce (Business Statistics) courses and obtained results judged to be of satisfactory standard for permission to be given by the head of the Department of Econometrics to proceed to the fourth-year honours subject. Students will be expected to have achieved at least third class honours standard in the third-year honours program. Students who have not completed ECM3470 and who have obtained at least a credit standard in the appropriate third-year subjects, normally ECM3400 and ECM3410, may be considered for fourth-year honours in special circumstances. These students will be expected to complete additional work during either the long vacation or the fourth-year honours subject.

Students wishing to undertake fourth-year honours in the Department of Econometrics must enrol for ECM4020 (Econometrics honours). Such students must apply to, and have their enrolment approved by, the head of the Department of Econometrics.

The course comprises six subjects and ECM4860 (Economics and commerce issues seminar).

1 Three subjects from the following list, including at least one of ECM4400 or ECM4410

Only one special subject may be counted as one of the three core subjects. Special subjects are based on the third-year subjects, supplemented by additional supervised work. Such special subjects may be included only if the subject has not been taken in third year.

2 Three subjects selected from the preceding subjects or from third- or fourth-year subjects offered by the departments of Accounting and Finance, Econometrics, Economics and Mathematics.

Up to two subjects may be special subjects. In some circumstances a student may be given permission to include as a subject a fourth-year subject from a department outside the faculty. Such a student would need to have the appropriate prerequisites and the head of the Department of Econometrics would need to be satisfied that the subjects formed a coherent part of the proposed subject of study.

3 Compulsory seminar:

Department of Economics

Students must have completed the first three years of either the Bachelor of Economics or Bachelor of Commerce courses and have achieved at least third class honours standard in the third-year honours program. Students who have not taken ECO3850 or ECO3580 but who have obtained results judged to be of a sufficient standard by the head of the Department of Economics, or by the heads of Economics and Econometrics in the case of students wishing to proceed to joint honours, for permission to be given to proceed to the fourth-year honours subject are required to complete additional work during the long vacation preceding their fourth year.

Economics specialisation

Students wishing to undertake fourth-year honours in the economics specialisation must enrol in ECO4020 (Economics honours), and have their enrolment approved by the head of the Department of Economics.

The course comprises six subjects plus the policy seminar as follows:

1 Two core subjects:

2 Four elective subjects selected from: 3 Policy seminar:

Economic history specialisation

Students enrol in six subjects plus a policy seminar. Four subjects are to be economic history subjects. The remaining two subjects may be selected from other economic history subjects or from the departments of Accounting and Finance, Econometrics or Economics.

1 Core subject:

2 Five subjects selected from: 3 Policy seminar:

Economics/Econometrics specialisation

Students wishing to undertake fourth-year honours jointly in economics and econometrics should enrol for ECO4040 (Economics/econometrics). Such students must have their enrolment approved by the heads of both departments.

The course comprises six subjects and the policy seminar:

1 Two core subjects:

2 Two elective subjects selected from the following: 3 Two subjects: 4 Policy seminar:

Department of Business Management

Management specialisation

Students must have completed the first three years of the Bachelor of Commerce or Bachelor of Economics course and need to have completed a major in management, with at least three third-year management subjects passed at credit standard or above. Students who wish to enrol in the honours program will require the approval of the Head of Department of Business Management. In selecting students for entry to the program, the results of all undergraduate subjects will be taken into account.

The honours year comprises both coursework and a thesis project. Assigned work in the subjects lead directly into the thesis. Upon completion of the subjects students should have completed a research proposal, established a theoretical framework, completed a literature review, and identified and tested appropriate data analytic techniques. Teaching methods will vary according to the specific aims of the course components. Subjects aimed at developing research methodology skills will contain a combination of lectures designed to develop an understanding of critical issues in research methodology, and workshops designed to train students in research skills and techniques. Analytic/theoretical subjects will be based upon weekly seminars organised around classical and contemporary contributions to theory in the field, and will focus on the relationship between conceptual/theoretical frameworks and research practice. The thesis component will comprise individual supervision. The course is designed to optimise the pedagogical value of a research project. The basic logic of the course revolves around course work that prepares students to undertake an appropriate research project, and a thesis in which students apply and extend those skills to address a substantive research problem.

Assessment will include written assignments, examinations, class presentations and a thesis. Details are available from the Department of Business Management.

Department of Econometrics

Econometrics specialisation

Students must have completed the first three years of the Bachelor of Economics, Bachelor of Commerce or Bachelor of Commerce (Business Statistics) courses and obtained results judged to be of satisfactory standard for permission to be given by the head of the Department of Econometrics to proceed to the fourth-year honours subject. Students will be expected to have achieved at least third class honours standard in the third-year honours program. Students who have not completed ECM3470 and who have obtained at least a credit standard in the appropriate third-year subjects, normally ECM3400 and ECM3410, may be considered for fourth-year honours in special circumstances. These students will be expected to complete additional work during either the long vacation or the fourth-year honours subject.

Students wishing to undertake fourth-year honours in the Department of Econometrics must enrol for ECM4020 (Econometrics honours). Such students must apply to, and have their enrolment approved by, the head of the Department of Econometrics.

The course comprises six subjects and ECM4860 (Economics and commerce issues seminar).

1 Three subjects from the following list, including at least one of ECM4400 or ECM4410

Only one special subject may be counted as one of the three core subjects. Special subjects are based on the third-year subjects, supplemented by additional supervised work. Such special subjects may be included only if the subject has not been taken in third year.

2 Three subjects selected from the preceding subjects or from third- or fourth-year subjects offered by the departments of Accounting and Finance, Econometrics, Economics and Mathematics.

Up to two subjects may be special subjects. In some circumstances a student may be given permission to include as a subject a fourth-year subject from a department outside the faculty. Such a student would need to have the appropriate prerequisites and the head of the Department of Econometrics would need to be satisfied that the subjects formed a coherent part of the proposed subject of study.

3 Compulsory seminar:


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Authorised by the Academic Registrar December 1996