Bachelor of Banking and Finance - 2019

Undergraduate - 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.

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

Course code


Credit points


Abbreviated title




Managing faculty

Business and Economics

Admission and fees


Course progression map

B2042 (pdf)

Course type


Standard duration

3 years FT, 6 years PT

You have a maximum of 8 years to complete this course including any periods of intermission and suspension, and must be continuously enrolled throughout.

Mode and location

On-campus (Caulfield)


Bachelor of Banking and Finance


The Bachelor of Banking and Finance will give you the skills to manage money in institutional settings, such as banks or investment houses. You will learn about key banking and finance concepts, and how to assess the financial needs of companies and individuals and match them to suitable financial products. You will be qualified to work in banking and finance environments, in roles such as portfolio manager, business banker, funds manager or loan adviser.

Double degrees

The Bachelor of Banking and Finance at the Caulfield campus can be taken in combination with the following course:

  • Bachelor of Business

Completing a double degree course will allow you to graduate with two degrees, Bachelor of Banking and Finance and the degree awarded by the partner course. The requirements for the award of the each of the degrees is the same whether the award is earned through a single or double degree course. You should refer to the relevant double degree handbook entry for the specific requirements.


These course outcomes are aligned with the Australian Qualifications Framework level 7 and Monash Graduate AttributesAustralian Qualifications Framework level 7 and Monash Graduate Attributes (

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

  1. be critical and creative scholars who produce
    • innovative solutions to problems
    • apply research skills to business challenges
    • communicate effectively and perceptively
  2. be responsible and effective global citizens who:
    • engage in an internationalised world
    • exhibit cross-cultural competence
    • demonstrate ethical values
  3. demonstrate broad knowledge and technical skills in business and provide discipline based solutions relevant to the business, professional and public policy communities that we serve. In particular:
    • explain technical and theoretical banking and finance concepts
    • comply with the Australian Business Dean's Council endorsed Finance Learning Standards of knowledge, application, judgment, communication and teamwork
    • reflect, formulate and present banking and finance proposals.
  4. demonstrate a well-developed understanding of multidisciplinary decision making in organisations via application of knowledge from core business discipline areas.

Professional recognition

Subject to unit choice, this degree is accredited by relevant Australian professional bodies. Refer to the Monash Business School professional recognitionMonash Business School professional recognition ( page.


The course develops through the themes of foundation business knowledge, specialist discipline knowledge, capstone experience, and in addition includes elective study.

Part A. Foundation business knowledge

This will provide you with a study of banking and finance disciplines and the impact they have on decision making in organisations.

Part B. Specialist discipline knowledge

These studies will develop your capacity as a critical and creative professional who is able to apply knowledge of banking and finance to provide discipline-based solutions for business. Units contained within the discipline may meet the requirements for professional accreditation bodies.

Part C. Capstone experience

The capstone unit will consolidate your knowledge and skills acquired through the study of your course and provide experience in multi-disciplinary processes and decision making.

Part D. Elective study

These are free electives which will enable you to further your knowledge of banking and finance, or business more broadly, or to select units from across the University in which you are eligible to enrol.

If you are undertaking a double degree course, some units required for the other degree can also be credited as electives towards the banking and finance degree.


The course comprises 144 points, of which 96 points must be focused on business study and 48 points are used to provide additional depth or breadth.

The course develops through three themes: Part A. Foundation business knowledge (18 points), Part B. Specialist discipline knowledge and Part C. Capstone experience (78 points), and Part D. Elective study (48 points).

Elective study may be at any level, in choosing units you must ensure that you complete no more than 10 level 1 units (60 points) and at least 6 units (36 points) at level 3, of which at least 4 units (24 points) must be from those offered by the Faculty of Business and Economics at the Caulfield campus.

The course progression mapcourse progression map ( provides guidance on unit enrolment for each semester of study.

Units are 6 points unless otherwise stated.

Part A. Foundation business knowledge (18 points)

You must complete:

The following two units (12 points):

One unit (6 points) from the following:

  • ACF1100 Introduction to financial accounting
  • ACF1200 Accounting for managers

Part B. Specialist discipline knowledge and Part C. Capstone experience (78 points)

You must complete the following 13 units (78 points):

  • BFF1001 Foundations of finance
  • BFF2140 Corporate finance 1
  • BFF2401 Commercial banking and finance
  • BFF3111 Personal financial planning or BFF3351 Investment banking
  • BFF3121 Investments and portfolio management
  • BFF3331 International banking and finance
  • BFF3651 Treasury management
  • BFF3751 Derivatives 1
  • BFF3841 Credit analysis and lending management
  • BFX3999 Finance and society*
  • BTF2601 Banking law
  • ECF1200 Macroeconomics
  • ETF2100 Introductory econometrics

* Capstone unit.

Part D. Elective study (48 points)

These are free elective units and may be used to develop further depth and breadth in banking and finance or business. Free elective units could be chosen from across the University (including to complete a major or minor from another course), as long as you have the prerequisites and there are no restrictions on admission to the units. The units may be at any level, however, no more than 10 units (60 points) are to be completed at level 1 in the Bachelor of Banking and Finance course and a minimum of 36 points must be completed at level 3.

Free electives can be identified using the browse units tool and indexes of units in the current edition of the Handbook. Majors and minors can also be identified using the Handbook indexes. The level of the unit is indicated by the first number in the unit code; undergraduate units are those that commence with the numbers 1-3. You may need permission from the owning faculty to enrol in some units taught by other faculties.

If you are undertaking a double degree course, some units required for the other degree are credited as electives towards the banking and finance course.

Progression to further studies

Successful completion of this course may provide a pathway to the one year honours program B3701 Bachelor of Commerce (Honours). To be eligible to apply for entry into Bachelor of Commerce (Honours), you must have achieved a distinction grade average (70 percent) or above in 24 points of studies at level 3. In addition, some particular level 3 units may need to be completed for admission to honours.