Your blend of highly specific technical aviation skills and commerce know-how will make you sought after in banking, politics, management and insurance, as well as aviation industry in design, manufacturing, airworthiness operations, and research and development. And the further you move up the corporate ladder, the more likely you are to use the skills and knowledge you've gained from your commerce studies. Formula One teams also employ many aerospace engineers.
"For information about professional recognition of Faculty of Business and Economics courses please visit: http://www.buseco.monash.edu.au/professional-recognition/
For information about professional recognition of Faculty of Engineering courses visit: http://www.monash.edu.au/pubs/handbooks/undergrad/eng-03.html"
For information about professional recognition of Faculty of Engineering courses visit: http://www.monash.edu.au/pubs/handbooks/undergrad/eng-03.html"
An engineering double degree offers diversity, more career choices and flexibility.
Aerospace engineering covers the design, development and maintenance of flight vehicles. It is inherently multidisciplinary encompassing aerodynamics, aerostructures, avionics, propulsion, flight control and material science.
Modern flight vehicles are highly complex systems and aerospace engineering demands a high level of analytical and mathematical ability. It is a profession that is constantly at the forefront of innovation as it seeks to improve operating efficiencies whilst reducing environmental impact.
Engineering and commerce is a powerful combination. Many engineers work in areas outside of engineering, such as management, banking and consulting. Many go on to become CEOs of major corporations. Almost 20 per cent of CEOs of ASX100 companies are engineers. This double degree will develop your business skills and complement the qualities that make engineers competent business leaders - problem solving and planning skills, and their focus on the future and continuous improvement.
For a full course structure visit the handbook entry using the link on the right hand side of this page.
Engineering is a hands-on discipline where learning goes beyond the classroom so it is important that you choose a university with the very best facilities to support your learning. Monash University hosts unique, world-class engineering facilities including:
The Monash Engineering Research and Industry Training (MERIT) program prepares you for life beyond your undergraduate degree. The program offers a range of enrichment activities that help you become work-ready, sharpen your leadership skills and refine your research skills, so you can excel in further study.
Twelve weeks of vacation employment is undertaken during the program allowing you to get experience in securing employment, a taste for working in industry and a head start on your career.
View the full Faculty of Business and Economics 2013 Undergraduate Course Guide
Clearly in ATAR score (2013):
View entry requirements and applications for domestic students
5 years full-time
10 years part-time
Fees are subject to change annually.
Commonwealth supported place (CSP)
Average annual student contribution
$ 9,000 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 (March)
Enquire now
Apply now
Entry requirements
For Business and Economics contact details refer to:
Business
and Economics.
View entry requirements and applications for international students
5 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
$ 34,000 AUD
This is an accelerated course where you will be required to undertake 1 x 6 credit point unit more than the Standard Annual Load of 48 credit points on two occasions during the course of the degree in order to complete the course in five calendar years. The fee quoted is based on 48 credit points of study for one standard year. Therefore you will be required to pay a higher fee in the two semesters in which you overload, more than the standard 24 credit points per semester.
From 1 January 2012 all students pay a Student Services and Amenities fee each calendar year.
First Semester (March), Second Semester (July)
Enquire now Apply now Entry requirements
Telephone: +61 3 9903 4788
Email: study@monash.edu
Equivalent Australian Year 12
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) and in one of chemistry or physics.
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 |
|---|---|
| 2013 ATAR clearly in for CSP | 93.00 |
Applications for on campus studies should be made online through the Victorian Tertiary Admissions Centre.
This course is not available for Second Semester (July) entry.
2013 international qualification entry requirements and scores for this course are available from the Undergraduate Qualifications Database.
Applicants will be ranked and selected based on their entire academic record.
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) and in one of chemistry or physics.
IELTS 6.5 overall with no band less than 6.0; or TOEFL 550 with a TWE of 4.5; or an Internet-based TOEFL score of 79 with 21 in Writing and no section lower than 18.
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.
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 |
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.
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.
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.
Actuaries identify, analyse and assess risk. They determine the likelihood of economic or property losses such as those that occur during natural disasters and calculate insurance premiums that allow individuals, business and governments to insure against these risks. Actuaries do this by applying the concepts of mathematics and statistics to real life scenarios.
A major in business law and taxation provides an understanding of the legal environment of business. Employment prospects include working in legal compliance in areas such as marketing, trade practices, corporations law, employment and taxation. The taxation units offered provide the basis for a career as a tax agent and tax adviser.
Business modellers use data to identify and analyse business opportunities. They also use data to simulate the performance of a business using a range of different assumptions. These simulations are sometimes known as scenario or what-if models and they enable managers to refine strategies and optimise resource allocation to achieve the best possible outcomes.
Careers in the business world that use quantitative skills include the financial sector (stockbrokers, the insurance industry, finance companies, banks - e.g. developing models for investment opportunities), the manufacturing sector (e.g. providing quality control), and market research. Opportunities in the public sector include economic modelling, policy evaluation, and research into industry development.
Economists analyse the production, distribution, and consumption of goods and services. They focus on how individuals, households, firms and governments interact and how economies work. Microeconomics examines the behaviour of buyers and sellers in the economy while macroeconomics analyses the entire economy and issues affecting it, including unemployment, inflation, economic growth, and monetary and fiscal policy.
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.
Experts in the area of financial and insurance mathematics apply mathematical and statistical techniques to the understanding of financial markets. Like actuaries they determine the likelihood of specific outcomes and develop strategies that allow businesses and governments to either pursue new business opportunities or insure against risks.
International Commerce is similar to International Business but it has a broader focus. While international business generally refers to the activities of a single organisation, international commerce refers to the factors making up the economic environment that the business is operating in. These factors might be legal, political, social, cultural or technological.