In this double degree in commerce you will learn to apply your thinking in a commercial capacity and develop the skills required to solve complex problems, while developing a depth of expertise in actuarial science, economics or finance.
This gives you a unique skill set. For example, actuarial science provides foundational understanding of finance and economics, but combined with majors in economics or finance you will have substantive knowledge across all three. Similarly, specialising in finance with a major in accounting will give you skills across all aspects of the accounting and financial sectors.
Your specialist studies will prepare you for a career in your chosen field as an actuary, economist or finance professional while your commerce major(s) will give you additional skills to pursue expert roles in that industry, or give you the skills to work across industries.
Some specific or additional units may be required for professional recognition. Refer to the Monash Business School professional recognitionprofessional recognition (http://www.monash.edu/business/future-students/undergraduate-study-options/after-you-graduate/professional-recognition) page for more information regarding accreditation for each of these specialisations.
Double degree courses include the features of the component degree courses, except that electives may be reduced.
B2001 Bachelor of Commerce is a comprehensive course, structured in three equal parts. In the double degree course you complete the following two parts:
Part A. Commerce specified study
This will provide you with a broad foundation for your study of commerce and expose you to several commerce disciplines. This will contribute breadth to your knowledge of commerce and address the graduate course outcomes. It will also give you the opportunity to learn more about each discipline before finalising your choice of major.
Part B. Commerce listed major
This will provide you with a focused program of study that will develop your expertise in one discipline area. You will develop, apply and communicate an advanced level of understanding of the concepts and theoretical frameworks that constitute the knowledge base of your major area of study.
B2004 Bachelor of Commerce Specialist is a specialist course that develops through the themes of foundation commerce knowledge, specialist discipline knowledge, capstone experience and elective breadth/depth study.
Part A. Foundation commerce knowledge
These units will provide you with a comprehensive study of economics and econometrics disciplines and the impact they have on multi-discipline decision-making in organisations. The units consider the impact on the business, professional and public policy communities.
Part B. Specialist discipline knowledge
These units will develop your capacity as a critical and creative professional who is able to apply your knowledge of a specialised area to provide discipline based solutions to commerce. Units contained within the discipline specialisation may meet the requirements for professional accreditation bodies.
Part C. Capstone experience
The capstone unit is designed to consolidate the knowledge and skills acquired throughout the study of your specialisation.
Students must complete 192 points, of which 96 points are from the Bachelor of Commerce (including all the requirements in Part A and B for the single degree) and 96 points from the Bachelor of Commerce Specialist (including all the requirements in Part A, B and C for the single degree).
The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2018handbooks/maps/map-b2014.pdf) will assist you to plan to meet the course requirements, and guidance on unit enrolment for each semester of study.
Units are 6 credit points unless otherwise stated.
Students may be eligible to exit the double degree program and graduate with either a Bachelor of Commerce or a Bachelor of Commerce Specialist named degree after three years, depending on the units studied.
Students who wish to graduate with a Bachelor of Commerce prior to the completion of the double degree must have completed at least 144 points of studies, including all of the commerce requirements in Part and B for the Bachelor of Commerce degree.
Students who wish to graduate with a Bachelor of Commerce Specialist named degree prior to the completion of the double degree must have completed at least 144 points of studies, including all of the requirements in Part A, B and C for the particular specialisation.