Accurate economic analysis forms the basis of all decision making around the allocation of resources within a business, marketplace and public service. Economists require a broad knowledge of economic theories and concepts if they are to correctly analyse the business environment around them.
This broad-based, flexible and multidisciplinary Monash double degree provides a thorough understanding of the workings of the economy and business as well as training in logical thought and analysis that can be adapted to a range of careers.
Depending on their chosen specialisation, graduates can pursue work in a variety of roles in business, industry, the public sector and international organisations, including in econometrics -- applying economic theory to statistics -- and economic analysis.
| Domestic students | International students | |
|---|---|---|
| Attendance type |
|
|
| Intakes | First semester | First semester, second semester |
| Course Content | 2010 University handbook entry for this course | 2010 University handbook entry for this course |
| Duration | 4 years full-time, 8 years part-time | 4 years |
| Credit points | 192 total for course | 192 total for course |
|
Fees for 2010
Fees are subject to change annually. |
Commonwealth supported place (CSP) Average annual student contribution $8,050 AUD Note: see information on how average fee is calculated. |
International fee per 48 credit points 48 credit points represents a standard full-time course load for a year $28,300 AUD |
| CRICOS code | Not applicable | 021276J |
| Monash course code | 1319 | 1319 |
| Faculty | Faculty of Business and Economics | Faculty of Business and Economics |
| Contact |
For Business and Economics contact details refer to: Business and Economics. |
International Student Enquiries Telephone: +61 3 9627 4852 Email: study@monash.edu.au |
Australian: This degree with relevant units is recognised by the following legal entities:
Professional recognition may be dependent upon work experience requirements and the correct choice of units.
Details of educational requirements for professional recognition can be found under the Professional Recognition entry in the Faculty of Business and Economics section of the Undergraduate Handbook.
Equivalent Australian Year 12.
All applicants should note that the english and mathematics prerequisites for the courses must be satisfied.
TAFE Although successful completion of at least two units at university level is preferred, students with at least a distinction average in a relevant TAFE diploma or advanced diploma may apply. Preference will be given to students whose prior studies are related to the course in which they are seeking admission. Programs that involve competency-based assessment without grades or marks will not meet the admission requirements. All applicants should note that the english and mathematics prerequisite for the courses must be satisfied.
University Normally four single units with at least a credit average are required to be competitive for selection. Preference will be given to students whose prior studies are related to the course in which they are seeking admission. If undertaking studies at Monash University, students are advised to take the first-year units of their desired degree. Students should normally achieve at least a 60% average to be considered for admission. All applicants should note that the english and mathematics prerequisites for the courses must be satisfied.
Units 3 and 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 (either) or specialist mathematics.
English and one of further mathematics SL or mathematics HL or mathematics SL, minimum grade of 4 required.
VICTORIAN TERTIARY ADMISSIONS CENTRE APPLICATIONS
Non-year 12 (eg. transfer, mature age, TAFE) applicants must complete the VTAC Personal Information (Pi) form.
Minimum entrance requirements for admission to Monash University Australia.
| Qualification | Clayton |
|---|---|
| ENTER clearly in* | 92.15(CSP); 90.00 (International) |
* The "clearly in" score is based on January 2009 selection and can be used as a guide only.
Applications for on campus studies should be made online through the Victorian Tertiary Admissions Centre.
This course is not available for second semester entry.
=========In2Monash=========If you are an international student applying directly to Monash and wish to find out if you are eligible for admission to this course, visit In2Monash
All applicants should note that the english and mathematics prerequisites for the courses must be satisfied.
TAFE Although successful completion of at least two units at university level is preferred, students with at least a distinction average in a relevant TAFE diploma or advanced diploma may apply. Preference will be given to students whose prior studies are related to the course in which they are seeking admission. Programs that involve competency-based assessment without grades or marks will not meet the admission requirements. All applicants should note that the english and mathematics prerequisite for the courses must be satisfied.
University Normally four single units with at least a credit average are required to be competitive for selection. Preference will be given to students whose prior studies are related to the course in which they are seeking admission. If undertaking studies at Monash University, students are advised to take the first-year units of their desired degree. Students should normally achieve at least a 60% average to be considered for admission. All applicants should note that the english and mathematics prerequisites for the courses must be satisfied.
Units 3 and 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 (either) or specialist mathematics.
English and one of further mathematics SL or mathematics HL or mathematics SL, minimum grade of 4 required.
IELTS 6.5 with no individual band score less than 6.0, Reading and Listening bands require a score of at least 6.5; TOEFL 580 with a TWE of 4.5; or an internet-based TEOFL score of at least 90 with 22 in Writing and no section lower than 20
VICTORIAN TERTIARY ADMISSIONS CENTRE APPLICATIONS
Non-year 12 (eg. transfer, mature age, TAFE) applicants must complete the VTAC Personal Information (Pi) form.
Minimum entrance requirements for admission to Monash University Australia.
| Qualification | Clayton |
|---|---|
| International Baccalaureate | 30 |
| GCE A level | 11 |
| All Indian Senior Secondary Certificate | 81% |
| Hong Kong A level | 10 |
| ISC of the CISCE India | 76% |
| MUFY (best eight units made up from Parts A and B) | 315 |
| Ontario Grade 12 | 81% |
| RMIT & La Trobe Foundation Year | 85%Av |
| Sri Lanka A level | 12.5 |
| STPM Malaysia | 9.67 |
| Swinburne Foundation Year | 90%Av |
| Uni of Melbourne Foundation Year | 80%Av |
| UNIPREP Indonesia | 8.2 |
| UNSW Foundation Year | 8.2 |
Current VCE or IB students studying in Victoria should apply online through the Victorian Tertiary Admissions Centre
Applications are made directly to the University and can be made online via International Recruitment Services.
Applications are made directly to the University and can be made online via International Recruitment Services.
Accounting is a system that identifies, measures, and communicates economic information to permit informed judgements and decisions by the users of that information. It is the language of business.
Asian development and transition provides a foundation for interpreting and analysing events in the Asian region through various spheres related to the foundational areas in commerce.
The law is the backbone of business. It regulates financial transactions and marketing processess, and in doing so applies the law of contract and tort. It regulates those engaged in companies and partnerships and their banking and tax needs. It regulates new economic frontiers, such as e-commerce via the development of cyber laws.
Business modelling is concerned with finding optimum solutions to large, complex business problems using scientific methods, tools and techniques.
This major provides an understanding of the conceptual framework of public policy and management and its application in the public and private sector.
Econometrics and business statistics involves the extraction of information from data. It comprises a set of tools for analysing data using economic theories or computer based statistical models. Econometric analysis provides informed support for business and economic decision making.
Economics considers how to allocate scarce resources to maximise people's welfare. Microeconomics examines decisions of individuals, business and government, and the structure of industries and markets. Macroeconomics examines behaviour of the economy as a whole, such as economic growth, inflation and unemployment.
The finance major provides conceptual and managerial decision making skills necessary for effective management in the continuously changing domestic and international financial market.
Human resource management is the study of managing people within the employer/employee relationship. It covers strategies and activities that enable people to fulfil their needs in the work environment while achieving the organisation's strategic business objectives.
Information, strategy and decision-making considers the practical application of concepts and theories and their application to contemporary organisational problem solving and decision making.
International commerce provides a holistic preparation for employment in the international business sector. It provides an international context for commerce in a range of multidisciplinary subject areas.
This major incorporates the theoretical analysis of employment and labour issues with consideration of the impact of economic variables.
Management is the process by which organisational goals are attained through integrating human activity. It is largely about people and human endeavour. This major provides the body of knowledge for future managers.
Marketing is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services. Marketing aims to satisfy organisational objectives efficiently and profitably. The focus of this major is to develop an understanding of fundamental marketing principles and practices, and to provide the ability to apply marketing within any context.
Printed: Tue Dec 1 11:54:43 2009