Master of Philosophy - 2019

Postgraduate - Course

Commencement year

This course entry applies to students commencing this course in 2019 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics.

Other commencement years for this course: 2018, 2017, 2016 and more

Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.

Course code


Abbreviated title




Managing faculty

Business and Economics


Professor Fang Lee Cooke

Contact details

Faculty Research Office: telephone + 61 3 9905 1055; email

Admission and fees


Course type

Master by research

Standard duration

2 years FT, 4 years PT

Your research master's project is to be conceived from the outset as clearly achievable within the standard duration of the degree, taking into consideration all elements, including any compulsory coursework required.

Mode and location

On-campus (Caulfield, Clayton, Malaysia, Peninsula)


Master of Philosophy


Enrolment in a master's by research degree involves the independent investigation of a research problem that has been formulated by you as the student. It is expected that the research you undertake will make a contribution to the discipline in which you are enrolled by applying, critiquing, analysing or interpreting that knowledge in ways that facilitate pathways for further learning. You will be supported in your research by a supervisory team.


These course outcomes are aligned with the Australian Qualifications Framework level 9 and Monash Graduate AttributesAustralian Qualifications Framework level 9 and Monash Graduate Attributes (

Upon successful completion of this course it is expected that you will be able to:

  • extend knowledge, expertise and skill through the application of research to business problems and issues
  • gain experience in the design and implementation of research
  • develop the ability to carry out independent research
  • make a contribution to an existing body of knowledge by applying, clarifying or interpreting that knowledge.

Conditions of enrolment

You will be required to complete:

  • Monash Graduate Research Induction (online)
  • Research Integrity (online)
  • any faculty or program induction requirements.

As a student of the university, you will be required to abide by all relevant statutes, regulations, policies and procedures. This includes maintaining satisfactory progress via regular milestone reviews in accordance with the Graduate Research Progress Management policyGraduate Research Progress Management policy ( and procedures, ensuring you are undertaking research of an appropriate quality and scale as required by your course. You should refer to the University's current statutes and the University Policy BankUniversity Policy Bank ( for links to relevant policies, procedures and guidelines.


This course consists of a coursework component and a research and thesis component.


You must, in consultation with and under the direct supervision of a member/s of the academic staff:

1. carry out a program of research on an agreed topic approved by the faculty in your chosen discipline for a specified period and other related activities as indicated by the faculty

2. submit for assessment a thesis of not more than 35,000 words as outlined in the options below, on the program of research which meets the requirements of the examiners. Submission of a thesis including published worksthesis including published works ( may be permitted.

3. satisfactorily complete one of the programs of coursework study as outlined under 'Requirements by department, centre and school'

4. the coursework component is taken over the first two semesters before proceeding to the thesis component.

5. all MPhil students will be required to undertake compulsory training in the following areas:

  • Monash graduate research induction (online)
  • Research integrity (online)
  • faculty induction, including occupational health and safety (where required)

Requirements by department, centre and school

Department of Accounting

You must complete the following coursework:

  • BEX6300 Philosophy of research
  • BEX6100 Advanced quantitative research methods or BEX6200 Advanced qualitative research methods
  • BEX6001 Foundations of accounting research*
  • BEX6002 Current issues in accounting research*

*Malaysian campus students will participate via concurrent video conference in the same seminars as the on-campus students.

Department of Banking and Finance

You must complete the following coursework

  • BEX6011 Empirical asset pricing
  • BEX6012 Corporate financial management
  • BEX6013 Issues in financial institutions
  • BEX6014 Contemporary issues in finance

Department of Business Law and Taxation

You must complete the following coursework:

  • BEX6990 Research strategies and methods in business law

Department of Econometrics and Business Statistics

You must complete the following coursework:

Department of Economics

You must complete the following coursework:

  • BEX5650 Microeconomic theory
  • BEX5660 Macroeconomic theory
  • BEX5850 Mathematical economic theory
  • BEX6650 Research topics in advanced microeconomics
  • BEX6660 Research topics in advanced macroeconomics
  • any unit offered by the Department of Economics or the Department of Econometrics and Business Statistics, as recommended by the Graduate Research Program Director.

Department of Management

You must complete the following coursework:

plus one unit from the following:

  • BEX6100 Advanced quantitative research methods
  • BEX6200 Advanced qualitative research methods

Department of Marketing

You must complete the following coursework:

  • BEX6300 Philosophy of research
  • BEX6100 Advanced quantitative research methods
  • BEX6200 Advanced qualitative research methods

Centre for Health Economics

All MPhil students enrolled through the Centre for Health Economics must complete the following coursework units:

  • BEX5870 Advanced health economics A
  • BEX5871 Advanced health economics B

School of Business, Malaysia

100% research. Any coursework to be undertaken with the approval of the graduate research coordinator.

Progression to further studies

Transfer to PhD

You may apply to upgrade to a PhD after a defined period (usually 9-12 months candidature, full-time or equivalent), provided that satisfactory progress has been made and certain conditions are met. Those students who want to upgrade from MPhil to PhD must achieve a mark of 70 per cent or higher in the compulsory coursework.

Malaysia Business School students who want to transfer from the MPhil to PhD must undertake relevant coursework of particular discipline area as enabling coursework and achieve a mark of 70 per cent or higher. Only the following PhD programs are available at the Malaysia Business School: Accounting, Management, Marketing, and Specialist Streams in Economics.