Bachelor of Business (Accounting)/ Bachelor of Business (Banking and Finance) 1333 – Bachelor of Business (Accounting)/Bachelor of Business (Banking & Course Code - 1333 Finance) Recommended course map^ Course Map (commencing 2005) Course Requirements • • • • • All students must complete a total of thirty-two units (192 credit points) to complete the BBus(Accounting)/BBus(Banking and Finance) degree. For students commencing the BBus(Accounting)/BBus(Banking and Finance) degree with advanced standing, a minimum of eight units (48 credit points) must be taken from Monash University, Caulfield campus. For students commencing the BBus(Accounting)/BBus(Banking and Finance) degree with advanced standing, a minimum of twelve units (72 credit points) must be taken at Monash University. Students may complete up to, but not exceeding thirteen first-year-level units (78 credit points). Students MUST complete a minimum of eight third-year-level units (48 credit points), of which at least four (24 credit points) must be from the Caulfield campus. Inner core 6 compulsory units Students MUST complete all 6 compulsory inner core units: AFF1110 Accounting for financial decision making BTF1010 Commercial law ECF1100 Microeconomics ETX1100 Business statistics MGF1010 Managing people and organisations MKF1120 Marketing theory and practice Outer core 6 units (2 compulsory) Students MUST complete these 2 compulsory outer core units: AFF2051/2851# Accounting information systems and financial Modelling (Prerequisite: AFF1110 or AFF1121 & ETX1100) AFF2631 Financial Management (Prerequisite: AFF1110 plus 7 other units) Students MUST complete an additional 4 outer core units. These MUST be chosen from: * Units required for recognition by professional accounting bodies BTF2601 BTF2220 BTF3931 ECF1200 ETX2121 MGF2351 MGF3401 MKF/MKX1500¬ MKF2111 Banking Law (Prerequisite: BTF1010) Corporations law & trusts* (Prerequisite: BTF1010) Taxation Law* (Prerequisite: BTF1010) (Prohibition: BTF2191, BTF2931) Macroeconomics* Data analysis in business (Prerequisite: ETX1100) (Prohibition: ETX2111 or equivalent) International business (Prerequisite: MGF1010) Strategic management (Prerequisite: Completion of 12 units) Retail management principles Buyer behaviour (Prerequisite: MKF1120) Strand 12 compulsory units Students MUST complete all 12 compulsory strand units: AFF1121 Accounting systems and procedures (ACC) (Prerequisite: AFF1110) AFF1300 Money and capital markets (B &F) Cost information for decision making (ACC) (Prerequisite: AFF1121) AFF2391 AFF2401 Commercial banking and finance (B&F) (Prerequisite: AFF1300) AFF2491 Company reporting (ACC) (Prerequisite: AFF1121) AFF3121 Investment and portfolio management (B & F) (Prerequisite: AFF1110, AFF1300 & AFF2631) AFF3431 Performance measurement and control (ACC) (Prerequisite: AFF2391) AFF3491 Advanced financial accounting theory and practice (ACC) (Prerequisite: AFF2491) Auditing (ACC) (Prerequisite: AFF2491) AFF3631 Treasury management (B&F) (Prerequisite: AFF2401) AFF3651 Lending Decisions (B&F) (Prerequisite: AFF2401 & AFF2631) AFF3841 Plus one of: AFF3331 International banking and finance (B & F) (Prerequisite: AFF2401 or AFF2341) International study program (in banking and finance) (B & F) (Prerequisite: Completion of 8 units including 1 of AFX3871 AFF2341, AFF2401 or AFF2631) Electives 8 units Students MUST complete 8 elective units: Elective units may be chosen from any Faculty, including the Faculty of Business and Economics. At least 2 electives MUST be from a discipline other than Accounting and Banking and Finance. 1. 2. 3. 4. 5. 6. 7. 8. Every effort has been made to ensure that the information provided is correct at the time of publication. Monash University reserves the right to alter this information should the need arise. October 2006. Year 1 Semester 1 Inner core 1 AFF1110 (compulsory) Accounting for fin dec making Inner core 3 MGF1010 (compulsory) Managing people & org Inner core 5 ETX1100 (compulsory ) Business statistics Inner core 6 MKF1120 (compulsory) Marketing theory & prac Strand 1 B&F AFF1300 (compulsory) Money & capital markets Strand 2 A/C AFF1121 (compulsory) Accounting systems & proc. Outer core 2 AFF2051/2851 Outer core 3 Student choice (Recommend BTF2220*) Semester 2 Inner core 2 BTF1010 (compulsory) Commercial law Year 2 Inner core 4 ECF1100 (compulsory) Microeconomics Semester 1 Outer core 1 Student choice (Recommend ECF1200*) Strand 3 A/C AFF2391 (compulsory) Cost info for dec making (compulsory) Acc info sys & fin mod Semester 2 Strand 4 A/C AFF2491 (compulsory) Company reporting Year 3 Strand 5 A/C AFF3431 (compulsory) Perf measurement & cont Strand 6 B&F AFF2401 (compulsory) Comm banking & finance Outer core 4 AFF2631 (compulsory) Financial Management Elective 1 Student choice Outer core 5 Student choice Elective 2 Student choice Elective 3 Student choice Elective 4 Student choice Elective 5 Student choice Elective 7 Student choice Elective 8 Student choice Semester 1 Strand 7 A/C AFF3491 (compulsory) Adv fin acc theory & prac Strand 8 B&F AFF3651 (compulsory) Treasury management Semester 2 Strand 9 B&F AFF3121 (compulsory) Invest & portfolio management Year 4 Strand 10 A/C AFF3631 (compulsory) Auditing Semester 1 Strand 11 B&F AFF3331 or AFX3871 (compulsory) International banking & finance OR International study program in banking & finance Strand 12 B&F AFF3841 (compulsory) Lending decisions Semester 2 Outer core 6 Student choice (Recommend BTF3931*) Elective 6 Student choice Notes * Recommended that students choose this outer core unit which is required for recognition by professional accounting bodies. # AFF2051 will be taught as AFF2851 from 2007 onwards. Students will course complete with either of these two codes. ¬ MKF1500 will be taught as MKX1500 from 2007 onwards. Students will course complete with either of these two codes. Graduates of this program will satisfy the educational requirements for associate membership of CPA Australia and for entry to the CA Program of The Institute of Chartered Accountants in Australia provided they complete the following units in addition to the compulsory common core units: ECF1200, AFF1121, AFF2051/2851, AFF2391, AFF2491, AFF2631, AFF3431, AFF3491, AFF3631, BTF2220, BTF3931 Graduates of this program will be recognised by the new Institute of Securities Finance and Banking (formerly the Australasian Institute of Banking and Finance and the Securities Institute of Australia). Students are advised to contact the Institute of Securities Finance and Banking directly for details of levels of membership and required educational qualifications Students who are contemplating a career in financial planning are advised that a number of banking and finance units meet the standards set down in the Australian Securities and Investments Commission [ASIC] policy statement for the training of financial product advisers [PS146]. ^This is the recommended course progression. It may be varied, however all prerequisite requirements must be met. Before changing the progression, first check the prerequisite requirements for all of your units and seek advice from the faculty office. Every effort has been made to ensure that the information provided is correct at the time of publication. Monash University reserves the right to alter this information should the need arise. October 2006.