Charts

Chart 2: Generalist Bachelor of Commerce

Choice of any of four specialisations for category A subjects

First year 48 points	2 subjects1 AAF1021/2 and AAF1031/2 Accounting	2 subjects1 ECM1020 and ECM1031/2 Business and economic statistics	2 subjects1 ECO1000 and ECO1010 Economics	2 subjects1 MGC1020 and MGC1030 Introduction to management
Second year 48 points	3-5 subjects Specialisation (category A)	2-4 subjects2 Supporting studies (category B)	up to 2 subjects2 Electives (category C)
Third year 48 points	3-5 subjects Specialisation (category A)	2-4 subjects3 Supporting studies (category B)	up to 2 subjects3 Electives (category C)

¹ For students wishing to undertake first-year subjects from another faculty or in economic history one of these groupings of subjects can be taken as second-year category B subjects.
² In either category B or C, but not both, up to two subjects may be at first-year level in place of second-year level subjects.
³ In either category B or C, but not both, up to two subjects may be at second-year level in place of third-year level subjects.

Chart 3: Bachelor of Commerce (Accounting and Finance)

Specialisation (category A) from the Department of Accounting and Finance (AAF prefixes)

First year 48 points	2 subjects AAF1021/2 and AAF1031/2 Accounting	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	2 subjects ECO1000 and ECO1010 Economics	2 subjects MGC1020 and MGC1030, or ECO1510, and ECO1520, or first-year subjects from any other faculty
Second year 48 points	4-6 subjects Specialisation (category A)	2-4 subjects1 Supporting studies (category B)	up to 2 subjects1 Electives (category C)
Third year 48 points	4-7 subjects Specialisation (category A)	1-4 subjects2 Supporting studies (category B)	up to 2 subjects2 Electives (category C)

¹ In either category B or C, but not both, up to two subjects may be at first-year level in place of second-year level subjects.
² In either category B or C, but not both, up to two subjects may be at second-year level in place of third-year level subjects.

Chart 4: Bachelor of Commerce (Business Statistics)

Specialisation (category A) from the Department of Econometrics (ECM prefixes)

First year 48 points	2 subjects AAF1021/2 and AAF1031/2 Accounting	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	2 subjects ECO1000 and ECO1010 Economics	2 subjects MGC1020 and MGC1030 or ECO1510 and ECO1520 or first-year subjects from any other faculty
Second year 48 points	4-6 subjects Specialisation (category A)	2-4 subjects1 Supporting studies (category B)	up to 2 subjects1 Electives (category C)
Third year 48 points	4-7 subjects Specialisation (category A)	1-4 subjects2 Supporting studies (category B)	up to 2 subjects2 Electives (category C)

¹ In either category B or C, but not both, up to two subjects may be at first-year level in place of second-year level subjects.
² In either category B or C, but not both, up to two subjects may be at second-year level in place of third-year level subjects.

Chart 5: Bachelor of Commerce (Management)

Specialisation (category A) from the Department of Business Management (MGC prefixes)

First year 48 points	2 subjects AAF1021/2 and AAF1031/2 Accounting	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	2 subjects MGC1020 and MGC1030 Introduction to management	2 subjects3 ECO1000 and ECO1010, or ECO1510 and ECO1520, or first-year subjects from any other faculty
Second year 48 points	4-6 subjects Specialisation (category A)	2-4 subjects1, 3 Supporting studies (category B)	up to 2 subjects1 Electives (category C)
Third year 48 points	4-7 subjects Specialisation (category A) including MGC3110 Strategic management	1-4 subjects2 Supporting studies (category B)	up to 2 subjects2 Electives (category C)

¹ In either category B or C, but not both, up to two subjects may be at first-year level in place of second-year level subjects.
² In either category B or C, but not both, up to two subjects may be at second-year level in place of third-year level subjects.
³ It is strongly recommended that students take ECO1000 and ECO1010 in first year or as category B subjects in second year.

Chart 6: Bachelor of Economics

First year1 48 points	2 subjects ECO1000 and ECO1010 Economics	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	2 subjects First-year level subjects from one of the departments of Economics, Accounting and Finance or from Business Management (but not both departments) or from another faculty	2 subjects First-year level subjects from the departments of Economics, Accounting and Finance or from Business Management (but not both departments) or from another faculty
Second year 48 points	2 subjects ECO2000 Intermediate microeconomics and ECO2010 Intermediate macroeconomics	2 subjects Second-year level subjects from one of the departments of Economics or Econometrics (Clayton campus)	2 subjects Second-year level subjects from one of the departments of Economics, Econometrics (Clayton campus), Accounting and Finance, Business Management (Clayton campus) or from another faculty2	2 subjects Second or first-year level subjects from any disciplines from any faculty
Third year 48 points	3 subjects Third-year level subjects from one of the departments of Economics or Econometrics (Clayton campus)	2 subjects Third-year level subjects from one of the departments of Economics, Econometrics (Clayton campus), Accounting and Finance, Business Management (Clayton campus) or from another faculty	3 subjects Third or second-year level subjects from any disciplines from any faculty (a minimum of one subject must be at third-year level)

¹ Only two subjects in total from the departments of Accounting and Finance and of Business Management (Clayton campus) may be taken in first year.
² At second-year level a maximum of six subjects from economics and four subjects from econometrics may be taken.

Note: All subjects taught by the departments of Economics, Econometrics (Clayton campus), Accounting and Finance and Business Management (Clayton campus) are worth six points and are offered over a single semester.

Chart 7: Bachelor of Arts/Bachelor of Commerce

First year1 48 points	2 subjects ECO1000 and ECO1010 Economics	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	2 subjects AAF1021/2 and AAF1031/2 Accounting	12 points First-year arts sequence (discipline A1)2
Second year 46 points	3 subjects Major specialisation (category A) Second-year level subjects from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	16 points Second-year arts subject (discipline A1)	12 points First-year arts sequence (discipline A2)2
Third year 48 points	1 subject Major specialisation (category A) Third-year level subject from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	1 subject Second or third-year level subject from major specialisation or supporting studies (category A or B)1	2 subjects Second-year level subjects from the departments of Accounting and Finance, Business Management, Economics, or Econometrics (Clayton campus)3	24 points 16 points third-year arts subjects plus 8 points second or third-year arts subjects (discipline A1)
Fourth year 46 points	2 subjects Major specialisation (category A) Third-year level subjects from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	2 subjects Second or third-year level from major specialisation or supporting studies (category A or B)1	1 subject Second or third-year level from major specialisation or supporting studies (category A or B)	16 points Second-year arts subjects (discipline A2)

¹ Students planning to major in management should take MGC1020 and MGC1030 in first year, and complete the remaining compulsory
first-year subjects during third and fourth year.
² Discipline A1 equates to a major study, discipline A2 to a minor study.
³ Cannot be the same discipline as major specialisation (category A).

Note: All subjects taught by the departments of Accounting and Finance, Business Management, Economics and Econometrics (Clayton campus) are worth six points and are offered over a single semester.

Chart 8: Bachelor of Arts/Bachelor of Economics

First year 48 points	2 subjects ECO1000 and ECO1010 Economics	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	2 subjects First-year level subjects from the departments of Economics, Accounting and Finance3 or from another faculty	12 points First-year arts sequence (discipline A1)1
Second year 46 points	3 subjects ECO2000 Intermediate microeconomics and ECO2010 Intermediate macroeconomics plus one second-year subject from one of the departments of Economics or Econometrics (Clayton campus)	16 points Second-year arts subject (discipline A1)	12 points First-year arts sequence (discipline A2)1
Third year 48 points	2 subjects Third-year level subjects from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	2 subjects Second-year level subjects from the Departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)2 Business Management	24 points 16 points third-year arts subjects plus 8 points second or third-year arts subjects (discipline A1)
Fourth year 46 points	3 subjects Third-year level subjects from one of the Departments of Economics or Econometrics (Clayton campus)	2 subjects Second-year level subjects, one must be taken from one of the Departments of Economics or Econometrics (Clayton campus) the other can be from the Departments of Accounting and Finance, Business Management or from another faculty	16 points Second-year arts subjects (discipline A2)

¹ Discipline A1 equates to a major study, discipline A2 to a minor study.
² At second-year level a maximum of six subjects from economics and four subjects from econometrics may be taken.
³ It is not possible to include sufficient accounting subjects to qualify for membership of the professional bodies.

Note: All subjects taught by the departments of Accounting and Finance, Business Management, Economics and Econometrics (Clayton campus) are worth six points and are offered over a single semester.

Chart 9: Bachelor of Commerce/Bachelor of Economics

Structure: forty-eight points per year for four years, chosen from first to third-year level subjects as follows¹:

First year 48 to 72 points	2 subjects AAF1021/2 and AAF1031/2 Accounting	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	2 subjects ECO1000 and ECO1010 Economics	2 subjects MGC1020 and MGC1030 Introduction to management	0-4 subjects ECO1510 and ECO1520, Economic history or subjects from another faculty
Second year 60 to 78 points	3-5 subjects2 Specialisation in econometrics or economics	3-5 subjects3 A second specialisation from within or outside the faculty	2-4 subjects2 Supporting studies from within the faculty	0-4 subjects3 Subjects from another faculty
Third year 60 to 78 points	3-5 subjects Specialisation in econometrics or economics	3-5 subjects3 A second specialisation from within or outside the faculty	2-4 subjects Supporting studies from within the faculty	0-4 subjects3 Subjects from another faculty

1 Unless approved by the course director faculty subjects are restricted to those taught on the Clayton campus which can be identified by subject prefixes of AAF, ECM, ECO, and MGC.
² ECO2020 (Intermediate microeconomics) and ECO2030 (Intermediate macroeconomics) must be taken as part of either a specialisation or supporting studies in economics.
³ A maximum of five subjects from another faculty can be taken at each of second and third-year level.

Chart 10: Bachelor of Commerce/Bachelor of Business Systems

First year1 48 points	4 subjects Compulsory commerce			4 subjects Group I
Second year 48 points	2 subjects Compulsory commerce	2 subjects Second-year category A		1 subject Group I	3 subjects Group II
Third year 48 points	1 subject Second-year category A	2 subjects Second-year category A or B	1 subject Third-year category A	3 subjects Group II	1 subject Group III
Fourth year 48 points	2 subjects Third-year category A	2 subjects Category A or B		2 subjects Group III	2 subjects1 Group III or category B

¹ Students planning to major in management should take MGC1020 and MGC1030 in first year and complete the remaining compulsory commerce subjects in fourth year in place of the subjects indicated.

Definitions of categories and groups

The terms compulsory commerce, category A and category B represent groupings of subjects from the Clayton campus of the Faculty of Business and Economics (AAF, ECM, ECO, and MGC prefixes only) and are defined as follows:

Compulsory commerce

AAF1021/2, AAF1031/2, ECM1020, ECM1031/2, ECO1000, ECO1010

Category A

A major specialisation selected from one of the departments of Accounting and Finance, Economics, Econometrics, or Business Management.

Category B

One or more minor specialisations selected from the departments of Accounting and Finance, Economics, Econometrics or Business Management. These subjects must not be from the same department as category A subjects.

Category C

One or more minor specialisations selected from the departments of Accounting and Finance, Economics, Econometrics, or Business Management. These subjects must not be from the same department as category A subjects.

Groups

The terms Group I, Group II and Group III relate to subjects associated with the Department of Business Systems in the Faculty of Computing and Information Technology and are defined as follows:

Group I

BUS1010, BUS1020, BUS1042, BUS1060, BUS1110

Group II

BUS2062, SYS2071, BUS2112, BUS2120, BUS3020, BUS3530

Group III

Any subject offered by the Department of Business Systems that is not included in Groups I or II.

Subject exclusions for the Bachelor of Commerce/Bachelor of Business Systems

• AAF2160
• BUS1100
• BUS3522

The following combinations of subjects cannot be included in the Bachelor of Commerce/Bachelor of Business Systems

• AAF2140 or AAF3140 and BUS3030
• ECM2480 or ECM3480 and BUS2020

Chart 11: Bachelor of Commerce/Bachelor of Laws

First year 48 points	4 subjects Four from ECO1000 and ECO1010 ECM1020 and ECM1031/2 AAF1021/1 and AAF1031/21	24 points (full-year subject) Legal process Criminal law
Second year 48 points	2 subjects The two remaining compulsory first-year subjects from the above list not taken during first year	3-4 subjects Major specialisation (category A) Second-year level subjects from the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	0-1 subjects Supporting studies (category B) Second-year level subject(s) from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)(other than category A choice)	12 points (full-year subject) Contract
Third year 48 points	3-5 subjects Major specialisation (category A) of which at least three subjects must be at third-year level from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	1-3 subjects Supporting studies (category B) Third or Second-year level subjects from the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)(other than category A choice)	12 points (full-year subjects) Property
Fourth and fifth years	Law subjects

¹ Students planning to major in management should take MGC1020 and MGC1030 in first year, and complete the remaining compulsory first-year subjects during second year in place of two second-year level supporting studies (category B) subjects.

Note: All subjects taught by the departments of Accounting and Finance, Business Management, Economics and Econometrics (Clayton campus) are worth six points and are offered over a single semester.

Chart 12: Bachelor of Economics/Bachelor of Laws

First year 48 points	2 subjects ECO1000 and ECO1010 Economics	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	24 points (full-year subjects) Legal process Criminal law
Second year 48 points	2 subjects First year level subjects from Accounting and Finance,2 Business Management, Economics, or from another faculty	2 subjects ECO2000 Intermediate Microeconomics and ECO2010 Intermediate Macroeconomics	2 subjects Second-year level subjects from one of the departments of Economics or Econometrics (Clayton campus)	12 points (full-year subject) Torts3
Third year	3-4 subjects Third-year level subjects from one of the departments of Economics or Econometrics (Clayton campus)	Up to 1 subject Third or second-year level subject from any disciplines1	24 points (full-year subjects) Contract3 Property
Fourth and fifth years	Law subjects

¹ At second-year level a maximum of six subjects from economics and four subjects from econometrics may be taken.
² It is not possible to include sufficient accounting subjects to qualify for membership of the professional bodies.
³ Students may choose to take Torts with Contract in second year by shifting two other second-year subjects into the third year.

Note: All subjects taught by the departments of Accounting and Finance, Econometrics, Economics and Business Management (Clayton campus), are worth six points and are offered over a single semester.

Chart 13: Bachelor of Music/Bachelor of Commerce

First year 48 points	2 subjects ECO1000 and ECO1010 Economics	2 subjects ECM1020 and ECM1031/2 Business and economic statistics	2 subjects AAF1021/2 and AAF1031/2 Accounting	2 subjects MUS1100/ MUS1110 Exploring western music (12 points)
Second year 50 points	3 subjects Major specialisation (category A) Second-year level subjects from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	2 subjects MUS1980/1990 Solo and duo performance and literature	4 subjects MUS2110/2120 Analytical and compositional techniques plus either MUS1070/1080 Orchestral performance and theory or MUS1140/1150 Ensemble and choral music workshop (20 points)
Third year 46 points	1 subject Major specialisation (category A) Third-year level subjects from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	2 subjects Second-year level subjects from the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)1	4-5 subjects MUS2980/2990 Solo and duo performance and literature; MUS3310 Twentieth-century compositional techniques plus eight points chosen from: MUS2510/2520 Orchestral performance and repertoire; MUS2070/2080 Ensemble and choral music workshop; MUS2880 Music of China, Japan and Korea; MUS2210 Vocal music (28 points)
Fourth year 50 points	2 subjects Major specialisation (category A) Third-year level subjects from one of the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	3 subjects Second or third-year level subjects from the departments of Accounting and Finance, Business Management, Economics or Econometrics (Clayton campus)	3-4 subjects MUS3980/3990 Solo and duo performance and literature plus eight points chosen from: MUS3480 Performance studies: Indonesian Gamelan; MUS3660 Music composition workshop; MUS3390 Music aesthetics and sociology; MUS3910 Music of Sub-Saharan Africa; MUS3230 Choral music; MUS3580 Contemporary music (20 points)

¹ Cannot be the same discipline as major specialisation (category A). Students planning to major in management should complete the remaining compulsory first-year subjects here.

Note: All subjects taught by the departments of Accounting and Finance, Business Management, Economics and Econometrics (Clayton campus) are worth six points and are offered over a single semester.

Chart 14: Bachelor of Commerce/Bachelor of Science

Structure: Up to fifty-four points per year for four years, chosen from first to third-year level subjects as follows¹:

First year 84 points	48 points2 AAF1021/2 and AAF1031/2 Accounting ECM1020 and ECM1031/2 Business and economic statistics ECO1000 and ECO1010 Economics MGC1020 and MGC1030 Introduction to management	36 points2, 3 Bachelor of Science subjects
Second year 56 to 68 points	24-36 points Bachelor of Commerce subjects: Must include at least 24 points in a specialisation (category A)	32 points Bachelor of Science subjects
Third year 48 to 60 points	24-36 points Bachelor of Commerce subjects: Must include at least 24 points in a specialisation (category A)	24 points Bachelor of Science subjects
Total points	108 points	92 points

1 Unless approved by the course director commerce subjects are restricted to those taught on the Clayton campus which can be identified by subject prefixes of AAF, ECM, ECO, and MGC.
² At least twelve points of each of these must be taken in the first year of study.
³ At least twelve points must be in sequential laboratory subjects.

Chart 15: Prerequisites and corequisites

Accounting and Finance
Business Management (NB Previously subject-coded GSM)
Econometrics
Economics

For a complete list of prerequisites and corequisites, please refer to the faculty office or the hardcopy handbook.

---

---

Handbook Contents | Faculty Handbooks | Monash University

---

Published by Monash University, Clayton, Victoria 3168 Copyright © Monash University 1996 - All Rights Reserved - Caution Authorised by the Academic Registrar December 1996