Bachelor of Commerce (Accounting and Finance) for 2013

At a glance

Major study areas  
2013 Handbook entry 

Career opportunities

Commerce graduates have a huge range of career opportunities, and an accounting and finance specialisation further improves these options. Our graduates work all over the world. They work in banking, politics, management, accounting and insurance. They work for the government and major finance corporations. The range of career options depends on the subjects chosen but, given we offer open electives and a major in accounting and finance, graduates will be able to explore many career paths.

Examples of roles that graduates can pursue include operations manager for a small-to-medium enterprise, stockbroker for a national stock exchange, treasury manager in a government department, self-employed financial advisor, tax accountant for an individual or business, or business analyst for a bank or financial institution.

Professional recognitions

Australian

A Bachelor of Commerce (Accounting and Finance) allows graduates to satisfy the educational requirements of various professional registrations and memberships. It all depends on what units you take. To learn more, visit professional recognition or talk to your course adviser.

Why study Bachelor of Commerce (Accounting and Finance)?

Commerce is the cornerstone of the modern economy. It relates to the economic, political, legal, social, cultural, and technological activities that impact on commercial interactions around the world. Our degree offers a world-class education across a wide range of commerce areas. Four of our commerce students represented Australia in the 2011 international final of the Global Management Challenge.

Our degree offers core units that introduce you to the key principles of commerce, and you will complete majors in accounting and finance.

The Department of Accounting and Finance also runs international study tours, where you have the opportunity to meet the top accounting executives of leading organisations, including KPMG, L'Oreal, Intel, Google, Nike, Zara, General Motors, Disney, Swiss and National Bank.

This course consists of six core commerce units, an eight-unit major in accounting, an eight-unit major in finance, and four open electives.

View the full 2013 Faculty Undergraduate Course Guide.

Entry requirements

Clearly in ATAR score (2013):

  • 91.2 (Clayton)

View entry requirements and applications for domestic students

Duration

3 years full-time
6 years part-time

Fees for 2013

Fees are subject to change annually.

Commonwealth supported place (CSP)
Average annual student contribution
$ 9,792 AUD
Note: see information on how average fee is calculated.

From 1 January 2012 all students pay a Student Services and Amenities fee each calendar year.

Intakes

First Semester (March)

Attendances

  • On-campus at Clayton: full-time, part-time

Faculty

Faculty of Business and Economics

Course code: 2015

CRICOS code: 037846D

Find out more

Enquire now   Apply now   Entry requirements   For Business and Economics contact details refer to:
Business
and Economics.

Entry requirements

View entry requirements and applications for international students

Duration

3 years full-time

Fees for 2013

Fees are subject to change annually.

International fee per 48 credit points
48 credit points represents a standard full-time course load for a year
$ 34,000 AUD

From 1 January 2012 all students pay a Student Services and Amenities fee each calendar year.

Intakes

First Semester (March), Second Semester (July)

Attendances

  • On-campus at Clayton: full-time

Faculty

Faculty of Business and Economics

Course code: 2015

CRICOS code: 037846D

Find out more

Enquire now   Apply now   Entry requirements  

International Student Enquiries

Telephone: +61 3 9903 4788
Email: study@monash.edu

Admissions information for domestic students

Entry requirements

Minimum entrance requirements

Equivalent Australian Year 12.

Minimum entrance requirements for non-school-leavers

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 prerequisites 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.

VCE prerequisites

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 (CAS) or specialist mathematics.

International Baccalaureate subject 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.

Special application requirements

VICTORIAN TERTIARY ADMISSIONS CENTRE APPLICATIONS

Non-year 12 (eg. transfer, mature age, TAFE) applicants must complete the VTAC Personal Information (Pi) form.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

Entry scores

Qualification Clayton
2013 ATAR clearly in for CSP 91.2

Applications

Semester one (March)

Applications for on campus studies should be made online through the Victorian Tertiary Admissions Centre.

Semester two (July)

This course is not available for Second Semester (July) entry.

Admissions information for international students

Entry requirements

International entry requirements

2013 international qualification entry requirements and scores for this course are available from the Undergraduate Qualifications Database.

=========Course Enquiry Portal========= 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 Course Enquiry Portal

Minimum entrance requirements for non-school-leavers

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 prerequisites 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.

VCE prerequisites

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 (CAS) or specialist mathematics.

International Baccalaureate subject 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.

English requirements for international students

IELTS 6.5 no band lower than 6.0; TOEFL 550 with a TWE of 4.5; or an internet-based TOEFL score of at least 79 with 21 in writing, 18 in speaking, 13 in reading and 12 in listening.

Special application requirements

VICTORIAN TERTIARY ADMISSIONS CENTRE APPLICATIONS

Non-year 12 (eg. transfer, mature age, TAFE) applicants must complete the VTAC Personal Information (Pi) form.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

Entry scores

2013 international qualification entry requirements and scores for this course are available from the Undergraduate Qualifications Database.

Qualification Clayton
A Level GCE (Click on the Undergraduate Qualifications Database link above for details on how the A-Level score is calculated.) 12

Applications

Semester one (March)

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.

Semester two (July)

Applications are made directly to the University and can be made online via International Recruitment Services.

Enrolment obligation

International students enrolling in a CRICOS-registered course can study no more than 25% of their course by distance and/or online learning. Students cannot enrol exclusively in distance and/or online learning study in any compulsory study period. See standard 9.4 of The National Code 2007.

Major study areas

ACCOUNTING

Accounting is the systematic recording, reporting, and analysis of financial transactions. It can be done on a large scale - for international corporations - or for individuals or for any sized business in-between. There are agreed national and international rules and regulations that govern the work of accountants. Accounting allows a company to analyse its financial performance, and report important statistics such as profit and loss to managers and shareholders.

FINANCE

Financial institutions work with individual and institutional investors. They develop, negotiate, sell and trade financial products (assets and liabilities) and provide financial advice to assist their clients to obtain the financial products most suitable for their needs.