The complexity and pace of the modern international business world requires graduates who can think analytically, act decisively and have a broad knowledge base.
The Monash Bachelor of Business combines a strong conceptual and theoretical framework with practical applications and a career focused education that is particularly relevant in today's rapidly changing business environment. Monash business students undertake a common first year giving them a broad business grounding before deciding on a specific career area.
Depending on the major study chosen, opportunities exist in accounting, banking and finance, business law, economics, econometrics, human resource management, management and marketing.
| 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 | 3 years full-time, 6 years part-time | 3 years |
| Credit points | 144 total for course | 144 total for course |
|
Fees for 2010
Fees are subject to change annually. |
Commonwealth supported place (CSP) Average annual student contribution $8,300 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 | 056414D |
| Monash course code | 3806 | 3806 |
| 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 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.
All applicants should note that the English and mathematics prerequisites for the courses must be satisfied. === TAFE === Completed qualifications at Certificate IV, diploma or advanced diploma level are required. Students should normally achieve at least a 75% to 80% average to be considered for admission. 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. Note that the English and mathematics prerequisites for courses must be satisfied. === University === Applicants require a minimum of two units, although in normal circumstances this minimum alone is unlikely to be sufficient. Preference will be give to applicants whose prior studies are related to the course in which they are seeking admission. Studies need to have been completed no more than five years prior to admission. Students should normally achieve at least a 60% (credit) average to be considered for admission, although students who only complete the minimum number of units (two) may require higher grades. === Mathematics prerequisite === Applicants are required to have successfully completed VCE units 3 and 4, with a study score of at least 25 in mathematics (any), or their interstate/overseas equivalents, for admission to these courses.
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 mathematics (any).
English and one of mathematical studies or 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 Business and Economics Employment and Supplementary Information Form (available at http://www.adm.monash.edu.au/admissions/vtac/index.html) and return it as instructed in the VTAC Guide.
DIRECT APPLICATIONS
Non-year 12 applicants must download and complete the Business and Economics Employment and Supplementary Information Form found at: http://www.buseco.monash.edu.au/study/
Minimum entrance requirements for admission to Monash University Australia.
| Qualification | Caulfield |
|---|---|
| ENTER clearly in* | 82.55(CSP); 82.00 (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 === Completed qualifications at Certificate IV, diploma or advanced diploma level are required. Students should normally achieve at least a 75% to 80% average to be considered for admission. 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. Note that the English and mathematics prerequisites for courses must be satisfied. === University === Applicants require a minimum of two units, although in normal circumstances this minimum alone is unlikely to be sufficient. Preference will be give to applicants whose prior studies are related to the course in which they are seeking admission. Studies need to have been completed no more than five years prior to admission. Students should normally achieve at least a 60% (credit) average to be considered for admission, although students who only complete the minimum number of units (two) may require higher grades. === Mathematics prerequisite === Applicants are required to have successfully completed VCE units 3 and 4, with a study score of at least 25 in mathematics (any), or their interstate/overseas equivalents, for admission to these courses.
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 mathematics (any).
English and one of mathematical studies or 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 Business and Economics Employment and Supplementary Information Form (available at http://www.adm.monash.edu.au/admissions/vtac/index.html) and return it as instructed in the VTAC Guide.
DIRECT APPLICATIONS
Non-year 12 applicants must download and complete the Business and Economics Employment and Supplementary Information Form found at: http://www.buseco.monash.edu.au/study/
Minimum entrance requirements for admission to Monash University Australia.
| Qualification | Caulfield |
|---|---|
| International Baccalaureate | 26 |
| GCE A level | 9 |
| All Indian Senior Secondary Certificate | 75% |
| Hong Kong A level | 8 |
| ISC of the CISCE India | 70% |
| MUFY (best eight units made up from Parts A and B) | 290 |
| Ontario Grade 12 | 75% |
| RMIT & La Trobe Foundation Year | 80% |
| Sri Lanka A level | 11 |
| STPM Malaysia | 9 |
| Uni of Melbourne Foundation Year | 75% |
| UNIPREP Indonesia | 7.5 |
| UNSW Foundation Year | 7.5 |
| MC MUFY/Trinity/University of Sydney Foundation Year | 75% |
| MC USA Year 12 plus SAT | 1820 |
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.
Banking and finance is the system that includes the circulation of money, the granting of credit, the making of investments, the acquisition of financing and the provision of banking facilities.
The law is the backbone of business. It regulates financial transactions and marketing processes, 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.
Econometrics 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.
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.
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 activity, set of institutions and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners, and society at large.
Psychology examines human nature; how we interact, operate and think. It is concerned with problem solving, perception, decision making and communication. Business psychology seeks to adapt this understanding to assist organisations to operate more effectively.
Printed: Tue Dec 1 15:56:03 2009