This course is designed to provide graduates in commerce with the analytical, conceptual and quantitative skills for a wide range of careers in decision making, leadership and management, policy development, and problem solving in the professions, in addition to the corporate and public sectors.
Graduates of this course are highly valued for their training in quantitative skills and techniques which are well suited for employment in both Australia and overseas.
The course begins with an introduction to core commerce discipline principles, and then offers the choice and flexibility to study up to two majors in different commerce disciplines, as well as the opportunity to study overseas or undertake an internship.
The Bachelor of Commerce course can be taken in combination with each of the following courses:
- Bachelor of Actuarial Science
- Bachelor of Arts
- Bachelor of Biomedical Science
- Bachelor of Computer Science
- Bachelor of Economics
- Bachelor of Finance
- Bachelor of Engineering (Honours)
- Bachelor of Global Studies
- Bachelor of Information Technology
- Bachelor of Laws (Honours)
- Bachelor of Music
- Bachelor of Science
Completing a double degree course will allow you to graduate with two degrees, Bachelor of Commerce and the degree awarded by the partner faculty. The requirements for the award of the each of the degrees is the same whether the award is earned through a single or double degree course. You should refer to the course entry for the partner course in their double degree for the requirements of the other degree.
These course outcomes are aligned with the Australian Qualifications Framework level 7 and Monash Graduate AttributesAustralian Qualifications Framework level 7 and Monash Graduate Attributes (http://www.monash.edu.au/pubs/handbooks/alignmentofoutcomes.html).
Upon successful completion of this course it is expected that you will:
- be a critical and creative scholar who:
- produces innovative solutions to problems
- applies research skills to business challenges
- communicates effectively and perceptively
- be a responsible and effective global citizen who:
- engages in an internationalised world
- exhibits cross cultural competence
- demonstrates ethical values
- demonstrate broad knowledge and technical skills in at least one area of commerce and be able to provide discipline based solutions relevant to the business, professional and public policy communities that you serve
- be able to construct conceptual frameworks and use these to analyse complex issues in the corporate sector, government and the professions.
Subject to unit choice, this degree is accrediated by relevant Australian professional bodies. Refer to the Monash Business School professional recognitionprofessional recognition (http://www.monash.edu/business/future-students/undergraduate-study-options/after-you-graduate/professional-recognition) page.
This is a comprehensive course, structured in three equal parts:
Part A. Commerce specified study
This will provide you with a broad foundation for your study of commerce and expose you to several commerce disciplines. This will contribute breadth to your knowledge of commerce and address the graduate course outcomes. It will also give you the opportunity to learn more about each discipline before finalising your choice of major.
Part B. Commerce listed major
This will provide you with a focused program of study that will develop your expertise in one discipline area. You will develop, apply and communicate an advanced level of understanding of the concepts and theoretical frameworks that constitute the knowledge base of your major area of study.
Part C. Free elective study
This will enable you to further develop your knowledge of your chosen major, or commerce more broadly, through a second major or a minor. Alternatively you can select units from across the University in which you are eligible to enrol.
You must complete units as specified in Parts A, B and C (144 points): a minimum of 96 points of commerce study over Part A and Part B, and 48 points of free electives in Part C.
In choosing your units you must ensure that you complete no more than 10 level 1 units (60 points), and at least 6 units (36 points) at level 3 of which at least 4 units (24 points) must be commerce units.
The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2019handbooks/maps/map-b2001.pdf) provides guidance on unit enrolment for each semester of study.
Units are 6 points unless otherwise specified.
Part A. Commerce specified study (48 points)
You must complete:
a. The following 6 units (36 points):
- ACC1100 Introduction to financial accounting or ACC1200 Accounting for managers
- BTC1110 Commercial law
- ECC1000 Principles of microeconomics
- ETC1000 Business and economic statistics
- MGC1010 Introduction to management
- MKC1200 Principles of marketing
b. One elective unit (6 points) from the Faculty of Business and Economics on the Clayton campus
c. One capstone, project, international or internship experience unit (minimum 6 points) chosen from the units listed below.
If you are completing a major in accounting do not complete this section. The following units meet this course requirement: ACC3100/ACF3100 Advanced financial accounting and ACC3200/ACF3200 Management accounting.
Note: Choosing a 12 or 24 point unit will reduce the amount of points available for free electives (see Part C) which may impact on the ability to complete a major using free electives.
- BEX3150 Sustainability practice and organisations
- BEX3500 Current issues in commerce
- ACX3500 International study program in accounting
- BEX3622 Issues in global business
- BEX3722 Engaging with international business - Australia
- BEX3723 Engaging with international business - North America
- BEX3724 Engaging with international business - Asia
- BEX3725 Engaging with international business - Europe
- BEX3728Not offered in 2019 Engaging with international business (12 points)
- BFX3871 International study program in banking and finance
- BSA3004 Innovation and entrepreneurship in Silicon Valley
- MKX3521 Global study programs in marketing
Part B. Commerce listed major (48 points)
Complete at least one commerce listed major. A major requires eight units with no more than two units (12 points) at level 1 and at least three units (18 points) at level 3.
Depending on the chosen major, you may have already studied one of the units as part of your commerce specified study. If so, you must complete an additional commerce unit offered on your campus of enrolment to bring the combined commerce study to at least 96 points from the Faculty of Business and Economics.
If you intend to undertake an honours year, you should ensure you complete the specific units required for honours in your chosen major area of study.
Minors and majors
Refer also to the table of minors and majorsminors and majors (http://www.monash.edu.au/pubs/2019handbooks/undergrad/bus-minor-major-extended-major-specialisation.html) which also details if an area of study is available as a minor or major.
Part C. Free elective study (48 points)
Elective units may be chosen from units available in the Bachelor of Commerce course to complete a second major or a minor(s). Note that, at most, two units may contribute towards two majors or a major and a minor.
Elective units may also be taken from non-commerce disciplines to broaden your knowledge or to complete a major or minor(s) from another course as long as you have the prerequisites and there are no restrictions on enrolment in the units.
Free electives can be identified using the browse unitsbrowse units (http://www.monash.edu.au/pubs/handbooks/units/search) tool and indexes of unitsindexes of units (http://www.monash.edu.au/pubs/handbooks/units/) in the current edition of the Handbook. MajorsMajors (http://www.monash.edu.au/pubs/handbooks/aos/index-bydomain_type-major.html) and minorsminors (http://www.monash.edu.au/pubs/handbooks/aos/index-bydomain_type-minor.html) can also be identified using the Handbook indexes. The level of the unit is indicated by the first number in the unit code; undergraduate units are those that commence with the numbers 1-3. You may need permission from the owning faculty to enrol in some units taught by other faculties.
If you are in a double degree course, some units required for the other degree are credited as electives towards this Commerce degree.
Progression to further studies
Successful completion of this course may provide a pathway to the one year honours program B3701 Bachelor of Commerce (Honours). To be eligible to apply for entry into the Bachelor of Commerce (Honours), you must obtain a distinction grade average (70 percent) or above in 24 points of studies in relevant discipline units at level 3. In addition, some majors require particular units to be taken for admission to honours. The details are provided with the requirements for each major to which this applies.