Business Specialist

Bachelor degree

Business is challenging, fast-paced and evolving. Every industry needs people with the skills to make business better and revolutionise business practice. Whether you're interested in working in a large corporation or becoming an entrepreneur, you need to know how to thrive in a competitive business landscape.

In this course you will have genuine depth of study, giving you the skills to make a real difference in the business world. You will develop strong business knowledge, while also building your expertise from day one in one of four key areas of business:

  • Accounting
  • Banking and finance
  • International business
  • Marketing

You can also combine your course as a double degree, providing genuine diversity of study, and graduate with an internationally recognised qualification that makes you employable across the globe.

Your learning experience at Monash is enhanced through a range of co-curricular activities that develop your critical thinking, communication and negotiation skills. These activities also increase your employment opportunities through:  

  • Internships with leading companies and brands.
  • International exchange programs with one of our 100 partner universities across the world.
  • Leadership and professional development programs.
  • Networking opportunities with business leaders.

From day one you be able to focus your study and begin your career journey.

Accounting will prepare you for a career as a professional accountant in the public or private sectors. It will give you solid technical skills in financial accounting, management accounting, corporate finance, taxation, auditing and financial analysis.

Banking and finance will provide you with the skills to manage money in institutional settings such as banks and investment houses. You will learn key financial concepts and be able to match companies and individuals with financial products.

Through International business you will acquire a strong understanding of the issues affecting international firms and companies that operates across national borders. You will develop skills in international economics and finance and build strategic business skills.

Marketing will enable you to harness your analytic, creative and strategic skills to become a specialist marketer, and make important marketing decisions to drive business success.Plus, very high achieving students enrolled in the single Business Specialist course or the Business and Business Specialist double-degree course will be eligible for entry to the Monash Business School Scholars Program.

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At a glance

For students looking to begin study in 2016.

Please select a specialisation for more details

ATAR

Estimated 81+
75 Note Monash guarantee

Subject prerequisites

English Maths Sciences/Other
N/A

View specific scores and subjects

Course Details

Duration: 3 years (full time), 6 years (part time) for Accounting, Banking and Finance and Marketing Specialisation.

2 years (full time), 4 years (part time) for International Business Specialisation

Information about fees

Overview

Speciality course

Please select a specialisation for more details:

At Monash, we pride ourselves on offering a broad range of flexible, easily understood course options. To make our course portfolio easy to navigate we have divided our undergraduate courses into two groups. Monash Comprehensive courses and Monash Specialist courses. This video explains how they work.

"I chose to study at Bachelor of Business at Peninsula so I could participate in Problem-Based Learning mode (PBL). I first read about the PBL method, I decided a hands-on and practical approach to studying business really appealed to me. Studying marketing in PBL mode means I get to learn from real-life projects and campaigns, not just textbooks. Plus, working in groups to solve a problem or desi…

Entry Requirements

You need to satisfy the following entrance requirements to be considered for entry to this course.

Minimum entry requirements

Qualifications

Equivalent Australian Year 12

Prerequisites

All applicants must satisfy the following prerequisites or their equivalents.

English Maths Sciences/Other
Australian VCE subjects Units 3 & 4: a study score at least 30 in English (EAL) or 25 in English other than EAL Units 3 & 4: a study score at least 25 in any mathematics N/A
IB 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 at least 4 in mathematics SL or 4 in further mathematics SL or 4 in mathematical studies SL or 3 in mathematics HL N/A

Alternative qualifications and prerequisites

For other domestic and international qualification entry requirements and scores for this course based on your prior studies, use the study credit and admissions eligibility search.

Non-School leaver requirements

Applicants should note that the above English and mathematics prerequisites, or their interstate/overseas equivalents, must be satisfied.

TAFE Certificate IV, diploma or advanced diploma graduates: To be considered, applicants will normally require at least a 75% to 79% average. 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.

University: To be considered, completion of two single units satisfy minimum entry requirements, but more units may be useful for selection, especially in areas of study related to the course in which admission is being sought. Applicants should have at least a 60% average in their studies. Studies must have been completed within five years of intended commencement.

Applicants must complete the Business and Economics Employment and Supplementary Information form. Information provided receives equal weighting with academic results in deciding the ranking of applicants.

English requirements

Applicants must also meet the English language requirements.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

Extra requirements

Business and Economics Employment and Supplementary form 

Current year 12 applicants are not required to complete this form. All other applicants must complete the Business and Economics Employment and Supplementary Information form. Information provided receives equal weighting with academic results in deciding the ranking. This form is available from the faculty website.

Alternative entry pathways

Multiple pathways to this course

If you don't have the entrance requirements above, you'll be able to gain entry to this course by completing the pathway Monash College Diploma of Business, Monash College Diploma of Commerce or Diploma of Tertiary Studies (DOTS).

Additionally, we recognise that some applicants may have experienced difficulties that have disadvantaged them when applying for university. We offer a range of special admissions schemes that may help you gain entry to your chosen course. More about special admissions schemes...

Making the application

Future students

Accounting, Banking & Finance and Marketing

Semester one (February)

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

Semester two (July)

Not available for Second Semester (July) entry.

International business only

Semester one (February)
Applications must be made through the Victorian Tertiary Admissions Centre

Semester two (July) and Semester three (October)

Apply directly to Monash

(Students undertaking the International business specialisation will complete three trimesters each year)

Course codes for applying directly to Monash:

  • Accounting - B20031
  • Banking and finance - B20032
  • International business - B20034
  • Marketing - B20033

Current Monash students

You may apply to transfer from another Monash course. Transfers are a competitive process. You may apply mid-year for available courses however consideration will be given as to whether you will be able to follow your course progression.

Please note that if you apply for a course transfer, you should still enrol in your current course as if you were continuing so as not to jeopardise your enrolment in the Faculty if your transfer application is unsuccessful. More about Course Transfer...

Self assess for credit eligibility

Check for study credit using the "Credit search" link on the Credit for prior study page

Fees

Fees are subject to change annually.

Commonwealth supported place (CSP)

The average annual student contribution amount is:

A$10,440

Note: see information on how average fee is calculated.

Fee assistance

As a Commonwealth supported student, you may be able to either:

  • pay all of your student contribution up front and receive a 10% discount, or
  • defer payment through the HECS HELP loan scheme.

Scholarships

We offer over 200 types of scholarships, valued at up to $70,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.

Other fees

The Student Services and Amenities Fee applies to some students each calendar year.

Course Structure

With a specialist course at Monash you begin study in your area of interest from day one. If you have a specific career goal or more specific field of study firmly in your sights, this may be the option for you. These courses are designed to ensure you have the right combination of skills needed for your professional field.

This course comprises 144 points, of which 96 points is focussed on study in your specialist area and 48 points is used to provide additional depth or breadth.

The course develops through the four themes of foundation business knowledge, specialist discipline knowledge, capstone experience and breadth/depth study.

A. Foundation business knowledge

This will provide you with a study of accounting, economics and econometrics disciplines and the impact they have on decision making in organisations.

B. Specialist discipline knowledge

These studies will develop your capacity as a critical and creative professional who is able to apply your knowledge of your specialism to provide discipline based solutions for business. Units contained within the discipline specialisation may meet the requirements for professional accreditation bodies.

C. Capstone experience

The capstone unit will consolidate your knowledge and skills acquired through the study of your specialisation and provide experience in multi-disciplinary processes and decision making.

D. Breadth/depth study

If you are taking the Caulfield based specialisations of Accounting, Banking and Finance and Marketing, these are free electives and will enable you to further your knowledge of your specialisation, or business more broadly, or to select units from across the university in which you are eligible to enrol. For students in a double degree course, some units required for the other degree can also be credited as electives towards the Business specialist degrees.

If you are taking the CBD based specialisation, International Business, you will use these units to deepen your knowledge of international business or to add a Professional Accounting stream to your studies.

View course maps

The following progression map(s) shows you a guide of the typical sequencing of units undertaken in this course.

Please select one to view:

Double Degrees

Partner with another course

Double degree courses allow you to study towards two different degrees at the same time, and graduate with two separate qualifications. And because a required subject in one course can count as an elective in the other, our double degrees take up to two years less than if you studied for the two degrees separately.

For more information visit the faculty website