Undergraduate course information for 2016 entry International Information in this document is subject to change and correct as at October 2015. Please refer to study.monash for the latest information. business.monash.edu
Overview Why study business or commerce at the Monash Business School? Our degrees are designed to give you a world-class business education and will ensure you graduate with a professional qualification that is recognised around the world We offer choice and flexibility with more than 20+ majors to choose from across business and commerce disciplines We re among the top business education providers in the world, and have achieved Triple Crown business school accreditations from Advance Collegiate Schools of Business (AACSB), the European University Quality Improvement System (EQUIS), and the international Association of Masters of Business Administration (AMBA) Our degrees offer the opportunity to undertake extracurricular activities such as work-integrated learning or overseas study How to choose between the degrees Each degree has its own distinct perspective and focus, and offers different areas of study and double degree options. When it comes to choosing which degree is best, think about whether students would like to specialise in a particular discipline early, or whether they would prefer to leave options open and decide later. Two types of undergraduate courses: Comprehensive: If you want more flexibility and the option to study a variety of areas before you focus on a particular discipline Bachelor of Business Bachelor of Commerce Specialist: If you want to study your discipline in more depth and develop specialist knowledge and skills Bachelor of Business Specialist Bachelor of Commerce Specialist Bachelor of Business Administration With our courses students can: Undertake work-integrated learning through our network of industry partners Choose units of study they are interested in Use electives to study a second business or commerce major, or study a major from another area across Monash University Study abroad at one of our 100+ partner institutions across the globe Participate in leadership and business-networking programs Graduate with a degree that is recognised across the world Choose a double degree and increase employability Study units that lead to professional recognition or accreditation 1
Bachelor of Business Course code: B2000 CRICOS code: 056414D This comprehensive degree focuses on business management and developing the knowledge needed to run an organisation. Eight business specified study units One business major (eight units) Eight electives (which can be used towards a second major, a minor or can be selected from units offered across the university) Contemporary teaching practices, for example: problem-based learning mode at Peninsula campus STARLab: a purpose-built lab that complements classroom teaching by simulating a financial environment in which textbook concepts are brought to life Business Behavioural Lab: an innovative facility for consumer and practitioner research into judgement and decision making Flipped classroom in some units learn theory online, then attend practical tutorials on campus Offers choice and flexibility: Offers a wide range of majors Choose a major straight away or wait until second year, after sampling study areas through business specified study units Option to study a second major or double degree. A second major can be chosen from a different faculty Study overseas, undertake work-integrated learning, leadership activities or study a language as part of this course Some majors may meet professional recognition requirements see the website for more information. Graduate work ready: Develop strong skills in a particular area of study, and practical and analytical business skills Business specified units provide a strong overview of business disciplines Strong employment and graduate outcomes Caulfield Peninsula 82.25 (Caulfield) 80.25 (Peninsula) 30 (Caulfield) 29 (Peninsula) Continued on following page 2
Majors Offered at Caulfield campus: Accounting Banking and finance Business law Business management Business statistics Economics and business strategy Human resource management International business Marketing Taxation Offered at Peninsula campus in PBL mode: Business management and strategy Health administration (minor only) Marketing and communication Sports management Tourism (minor only) Business Specialist (awards - Accounting, Banking and finance or Marketing) Design Education (Honours) Fine Information Technology VCE Prerequisites Units 3&4 a study score of at least 30 in English (ESL) or 25 in any other English and a study score of at least 25 in mathematics (any). IB Prerequisites A score of at least 4 in English SL or 3 in English HL or 5 in English B SL or 4 in English B HL and a score of at least 4 in Mathematics SL or 4 in Further mathematics SL or 4 in Mathematical studies SL or a score of at least 3 in Mathematics HL. 2015 international qualification entry requirements and scores for this course are available from the: Undergraduate Qualifications Database Student profile I ve been able to study overseas, intern with a Fortune 500 company, and meet with some of Australia s premier business leaders the opportunities are endless. Ashley Coleman-Bock Bachelor of Business/Bachelor of Majors: Management, Politics, International Studies 3
Bachelor of Business Specialist CODE: B2003 CRICOS code: 085446M Awards Bachelor of Accounting Bachelor of Banking and Finance Bachelor of International Business Bachelor of Marketing VCE Prerequisites Units 3&4 a study score of at least 30 in English (ESL) or 25 in any other English and a study score of at least 25 in mathematics (any). IB Prerequisites A score of at least 4 in English SL or 3 in English HL or 5 in English B SL or 4 in English B HL and a score of at least 4 in Mathematics SL or 4 in Further mathematics SL or 4 in Mathematical studies SL or a score of at least 3 in Mathematics HL. 2015 international qualification entry requirements and scores for this course are available from the: Undergraduate Qualifications Database 4
Bachelor of Accounting CODE: B20031 CRICOS code: 084683 This degree prepares students for a career in accounting or related fields in the public or private sectors with excellent conceptual knowledge and technical skills in financial accounting, management accounting, corporate finance, taxation, auditing and financial analysis. Three foundation business units 13 specialist accounting units Eight electives (which can be used towards a second major, a minor or can be selected from units offered across the university) State-of-the-art teaching facilities at the Caulfield campus Develops conceptual knowledge and technical skills in financial accounting, management accounting, corporate finance, taxation, auditing and financial analysis Specialise from the start of the degree Option to study a double degree Study overseas, undertake work-integrated learning, leadership activities or study a language as part of this course Graduate work ready. Currently meets the professional recognition requirements of CPA Australia, the Institute of Chartered Accountants Australia and New Zealand, the Institute of Public Accountants and the Chartered Institute of Management Accountants Caulfield 82+* 30+* *This is a new course therefore these are an estimate and are to be used as a guide only Specialisation Accounting Business Information Technology 5
Bachelor of Banking and Finance CODE: B20032 CRICOS code: 084684E This degree provides the skills to manage money in institutional settings, such as banks or investment houses. Students 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. Graduates will be qualified to work in banking and finance environments, in roles such as portfolio manager, business banker, funds manager or loan adviser. Three foundation business units 13 specialist banking and finance units Eight electives (which can be used towards a second major, a minor or can be selected from units offered across the university) STARLab: a purpose-built lab that complements classroom teaching by simulating a financial environment in which textbook concepts are brought to life Specialise from the start of the degree Option to study a double degree Study overseas, undertake work-integrated learning, undertake leadership activities or study a language as part of this course Graduate work ready: Develop specialist and analytical skills in banking and finance Strong employment and graduate outcomes Graduates may be eligible for membership of the Financial Services Institute of Australasia and/or entry to the CFA program of the CFA Institute Caulfield 82.5 30+ Specialisation Banking and finance Business Information Technology 6
Bachelor of International Business CODE: B20034 CRICOS code: 083825E This degree provides students with an interdisciplinary understanding of issues affecting contemporary international firms, their strategy, corporate policies and operations. International business develops knowledge and skills for the international economic, financial, political, legal, managerial and strategic environment of business. Three business knowledge units 13 specialist units in international business, including 24 points chosen from study aboard, industry based learning projects, investigative projects in business and/or two units offered by another faculty Eight units in either a professional accounting or international business sequence Taught in trimester model over three study periods per year to complete the degree in two years Flipped classroom in some units learn theory online, then attend practical tutorials on campus 2 years full-time 4 years part-time Location City (271 Collins Street) 81.15 30+ Sequences Professional accounting International business N/A February June October Provides an understanding of business fundamentals and the issues affecting contemporary international business State-of-the-art teaching facilities Taught at the new 271 Collins Street facility in the hub of Melbourne Develops understanding of international relations and the influence organisations and governments have on business operations Study overseas, undertake work-integrated learning or leadership activities 7
Bachelor of Marketing CODE: B20033 CRICOS code: 084685D This degree provides the analytic, creative and strategic skills to be a specialist marketer. Graduates will gain comprehensive marketing knowledge, and be able to use this to make marketing decisions that drive value in business Three foundation business units 13 specialist marketing units Eight electives (which can be used towards a second major, a minor or can be selected from units offered across the university) Business behavioural lab: an innovative facility for consumer and practitioner research into judgement and decision making Flipped classroom in some units learn theory online, then attend practical tutorials on campus Develop an understanding of fundamental marketing principles, while also providing a strong business base Gain comprehensive marketing knowledge and use this to drive decisions and value in business Specialise from the start of the degree Option to study a double degree Study overseas, undertake work-integrated learning, undertake leadership activities or study a language as part of this course Graduate work ready: Develop specialist and analytical skills in marketing Strong employment and graduate outcomes Caulfield 82.75 30+ Specialisation Marketing Business Information Technology 8
Bachelor of Commerce CODE: B2001 CRICOS code: 013382G This comprehensive degree focuses on the application of mathematical and analytical skills to solve challenges in the business, commercial and economic environment. Eight commerce specified units One commerce major (eight units) Eight electives (which can be used towards a second major, a minor or can be selected from units offered across the university) State-of-the-art teaching facilities, such as MonLEE: an experimental economics lab to help economists undertake research in experimental and behavioural economics Offers choice and flexibility: Wide range of majors Choose the major straight away or wait until second year after sampling commerce specified units Option to study a second major or double degree. A second major can be chosen from a different faculty Study overseas, undertake work-integrated learning undertake leadership activities or study a language as part of this course Provides a thorough understanding of the economy and business, beyond the daily management of an organisation Commerce specified units give you a strong overview of commerce disciplines Some majors may meet professional recognition requirements see the website for more information Graduate work ready. Develop strong skills in your major area of study, as well as practical and analytical business skills Strong employment and graduate outcomes Clayton 90.3 34+ Majors Accounting Actuarial studies Behavioural commerce Economics Econometrics Finance Management studies Marketing science Sustainability Biomedical Science Computer Science Commerce Specialist (awards - Actuarial science, Economics or Finance) Education (Honours) Engineering (Honours) Global studies Information technology Laws (Honours) Music Science Continued on following page 9
VCE Prerequisites Units 3&4 a study score of at least 30 in English (ESL) or 25 in any other English and a study score of at least 25 in Mathematical Methods (CAS) or Specialist Mathematics. IB Prerequisites A score of at least 4 in English SL or 3 in English HL or 5 in English B SL or 4 in English B HL and a score of at least 4 in Mathematics SL or 3 in Mathematics HL or 4 in Further mathematics SL. 2015 international qualification entry requirements and scores for this course are available from the: Undergraduate Qualifications Database Student profile The best part of studying commerce at Monash is the flexibility. I could study two majors or chose from a variety of elective units. Being able to study multiple majors is a fantastic opportunity. By branching out to a double major, it doubles your qualifications and doubles your opportunities in the marketplace. It also enhances your skillset. David De Fazio Bachelor of Commerce (majors accounting and management) 10
Bachelor of Commerce Specialist CODE: B2004 CRICOS code: 085445A Awards Bachelor of Actuarial Science Bachelor of Economics Bachelor of Finance Clayton 2015 clearly in ATAR 90.15 (economics) Bachelor of Actuarial Science and Bachelor of Finance are new courses. Indicative ATARs 90+. 2015 34+ Bachelor of Actuarial Science and Bachelor of Finance are new courses. The IB score for these courses are an estimate to be used as a guide only. 2015 international qualification entry requirements and scores for this course are available from the: Undergraduate Qualifications Database Double degrees Commerce Computer science Engineering (Honours) Information technology Science VCE Prerequisites Units 3&4 a study score of at least 30 in English (ESL) or 25 in any other English and a study score of at least 25 in mathematical methods (CAS) or specialist mathematics. IB Prerequisites A score of at least 4 in English SL or 3 in English HL or 5 in English B SL or 4 in English B HL and a score of at least 4 in Mathematics SL or 3 in Mathematics HL or a 4 in Further mathematics SL 11
Bachelor of Actuarial Science CODE: B20041 CRICOS code: 084686C This degree prepares students for a career as an actuary, by equipping them with the skills to identify and analyse risk. Using mathematical and econometric models they will learn to apply forecasting concepts to real-life scenarios. Graduates may also achieve Part I of the Actuaries Institute of Australia professional qualification, which you need to work as a professional actuary. Four foundation commerce knowledge units 12 specialist actuarial science units Eight electives (which can be used towards a second major, a minor or can be selected from units offered across the university) State-of-the-art teaching facilities Specialise from the start of the degree Option to study a double degree Study overseas, undertake work-integrated learning, leadership activities or study a language as part of this course Graduate work ready: Prepares students for a career as an actuary by providing the skills to analyse and identify risk Learn to apply forecasting concepts to real-life scenarios Strong employment and graduate outcomes Graduates may gain exemptions for Part I of Actuaries Institute of Australia Clayton Indicative 90+ 34+ Specialisation Actuarial science Commerce Computer science Engineering (Honours) Information technology Science 12
Bachelor of Economics CODE: B20042 CRICOS code: 001447E This degree will provide a solid education across the field of economics and will encourage logical thought and detailed analysis of economic issues. Four foundation commerce knowledge units 12 specialist economics units Eight electives (which can be used towards a second major, a minor or can be selected from units offered across the university) MonLEE: an experimental economics lab to help economists undertake research in experimental and behavioural economics Provides a solid education across the field of economics Choose from an economics and economic policy specialisation or a mathematical economics and econometrics specialisation Specialise from the start of the degree Option to study a double degree Study overseas, undertake work-integrated learning, undertake leadership activities or study a language as part of this course Graduate work ready: Strong employment and graduate outcomes Clayton Indicative 90+ 34+ Specialisations Economics and economic policy Mathematical economics and econometrics Commerce Computer science Engineering (Honours) Information technology Science 13
Bachelor of Finance CODE: B20043 CRICOS code: 084687B This degree provides high-level skills to manage, organise and invest money. Students will learn how to develop financial policies and products, and gain specialist knowledge that will enable them to solve complex financial problems using mathematical models and techniques. Graduates will be qualified to work across all areas of finance, in analyst roles, as well as broader roles in banks, government and the private sector. Four foundation commerce knowledge units 12 specialist finance units Eight electives (which can be used towards a second major, a minor or can be selected from units offered across the university) State-of-the-art teaching facilities Provides high-level skills to manage, organise and invest money Learn how to develop financial policies and products and gain specialist knowledge that will enable students to solve complex financial problems Specialise from the start of the degree Option to study a double degree Study overseas, undertake work-integrated learning, undertake leadership activities or study a language as part of this course Graduate work ready: Develop specialist and analytical skills in banking and finance Strong employment and graduate outcomes May met the professional recognition requirements for membership of the Financial Services Institute of Australasia Clayton Indicative 90+ 34+ Specialisation Finance Commerce Computer science Engineering (Honours) Information Technology Science 14
Bachelor of Business Administration CODE: B2007 CRICOS code: 079046M A degree in business administration is designed to develop business knowledge and provides a solid grounding in all aspects of business. 10 foundation business knowledge units 10 specialisation units in an area of business administration Four electives (which can be used towards a minor or can be selected from units offered across the university) Berwick campus provides a small interactive classroom environment The course focuses on job-readiness, to provide the practical skills needed to operate effectively in business environments Students can gain business qualification from a leading university, without requiring the year 12 math s prerequisite of other business courses Common foundation units give students a strong overview of business disciplines Study overseas, undertake work-integrated learning undertake leadership activities or study a language as part of this course Graduates can be expected to be employed around the world in various professions Berwick 72.45 IB 26 Specialisations Accountancy Finance and economics Marketing practice N/A VCE Prerequisites Units 1&2 satisfactory completion in two units (any study combination) of General mathematics or Mathematical methods or Units 3&4 any mathematics, and a study score of at least 30 in English (EAL) or at least 25 in English other than EAL. IB Prerequisites A score of at least 4 in English SL or 3 in English HL or 5 in English B SL or 4 in English B HL and successful completion of any Mathematics subject. 2015 international qualification entry requirements and scores for this course are available from the: Undergraduate Qualifications Database Student profile I chose this course because of a few factors; the Berwick campus is close to home, the ATAR was lower than other business degrees offered at Monash, and the units compulsory to the degree are so varied that individuals can gain overall knowledge on so many aspects in business. It has definitely helped me gain an insight into what I like and dislike, and what my strengths and weaknesses are. April Stok Bachelor of Business Administration 15