Indicative ATAR score (2012):
View entry requirements and applications for domestic students
3 years full-time
6 years part-time
Fees are subject to change annually.
Commonwealth supported place (CSP)
Average annual student contribution
$ 8,800 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.
First Semester (February)
Faculty of Business and Economics
View entry requirements and applications for international students
3 years full-time
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
$ 32,850 AUD
From 1 January 2012 all students pay a Student Services and Amenities fee each calendar year.
First Semester (February), Second Semester (July)
No mid-year intake for Peninsula campus.
Faculty of Business and Economics
Telephone: +61 3 9903 4788
Email: study@monash.edu
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.
The conduct of every enterprise is underpinned by its long-term strategy. The strategy identifies a company's values, mission, vision and objectives and provides direction for the business. The policies, plans, activities and operations are a product of the strategy. In short, the strategy guides business decision-makers who determine how a business operates.
This major will provide students with the knowledge and skills necessary to transform complex business data into compelling and easily accessible graphs, charts and simulations that are powerful aids to corporate, government and consumer decision making.
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.
This interdisciplinary field of study addresses issues of how financial markets impact on the economy, and how this is important for business and public policy decision making.
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.
International business covers all business transactions involving participants from two or more countries. It is a field of management and concerns the special features of transnational business including movement of goods, services, capital, personnel, information and technology.
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.
This interdisciplinary field of study combines economics with business statistics and econometrics. Quantitative analysis is an increasingly important aspect of contemporary business practice.
Sport is a global business and one of the world's most important cultural activities. Sport managment focuses on the cultural and economic influences of sport and the marketing and administration of sport.
The study of tourism includes the behaviour and motivations of tourists, businesses that service the tourists and economic, social and environmental impacts of tourism. Skills developed are primarily in management, marketing and business studies and include critical thinking, research, analysis and communication.