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Applications
Applications for postgraduate coursework programs can be made online at www.adm.monash.edu.au/admissions/applyonline-instruct.html Applications for a Masters by Research (MPhil) or a Doctoral Degree (PhD) can be made online at www.buseco.monash.edu.au/research/student/future/apply/
Closing dates Entry: Entry: Semester 1 2013 Semester 2 2013 On-campus programs Off-campus programs On-campus programs Off-campus programs
MBA application closing date 11 January 2013
The rapid pace of change in todays business environment requires constant professional growth. Our business programs are designed to ensure that you are at the leading edge of your chosen field of endeavour.
Professor Colm Kearney Dean, Faculty of Business and Economics
Monash University
Monash University has established an enviable reputation for teaching and research excellence across business disciplines. This reputation is built on our innovative and progressive approach to course delivery, and the strong links we have forged with commerce and industry, both in Australia and overseas, making Monash degrees truly international. The Faculty of Business and Economics offers a range of programs, including higher degrees by research PhD and MPhil crossfaculty programs, such as the MBA and Master of Business and specialist Masters degrees in Management, Marketing, Accounting, Banking, Finance and Business Law. Our programs are comprised of a combination of core units and electives, allowing you to tailor your course to your career needs. EQUIS accreditation The Faculty of Business and Economics has been awarded international business school accreditation by the Brussels based European Quality Improvement System, better known as EQUIS. The accreditation establishes Monashs Faculty of Business and Economics as one of the worlds leading higher education institutions in management and business administration education. Association of MBAs The Monash MBA program has been awarded accreditation by the Association of MBAs (AMBA). MBA programs are accredited by AMBA in more than 40 different countries. The Monash MBA is just the third such program in Australia to be recognised by AMBA. Professional recognition Our programs are accredited by relevant professional bodies, enabling graduates to satisfy educational requirements for professional registration or membership. These bodies include CPA Australia, Institute of Chartered Accountants in Australia (ICAA), Financial Services Institute of Australasia (FINSIA), National Institute of Accountants (NIA), Australian Institute of Management (AIM), Australian Human Resources Institute (AHRI), Australian Marketing Institute (AMI). Further details are available at: www.buseco.monash.edu.au/esg/asu/publications/ professional-recognition.html
Our Programs
The Faculty of Business and Economics offers a variety of graduate programs for students of varying backgrounds and aspirations. The programs differ in terms of objectives, prerequisites and content. Our programs include: 1. Research degrees PhD, MPhil 2. Pathways to a research degree Postgraduate Diploma in Economics and Commerce, Master of Business (Honours) and other selected masters degrees 3. Coursework masters degrees for early career professionals and for experienced professionals across the full spectrum of business disciplines 4. Executive Certificate in Business designed to cater for managers who have significant workplace experience but who do not have a first degree.
Graduate Pathways
The following diagram presents an overview of the most common pathways for graduates within the Faculty of Business and Economics at Monash University.
Honours Degree
PhD (p.5)
Undergraduate Degree
Postgraduate Diploma
Graduate Certificate
Graduate Diploma
Contents
RESEARCH PROGRAMS Research degrees
Master of Philosophy Doctor of Philosophy 5 5
Management
6 6 Master of Business Administration (MBA) Graduate Diploma in Human Resource Management Master of Human Resource Management Master of Management Master of Public Policy and Management 25 26 27 28 29
Marketing
Master of Marketing Master of Advanced Marketing 30 31
COURSEWORK PROGRAMS
Choosing your coursework program 7
Business
Master of Business Advanced Marketing Information Technology Law and Responsible Business Marketing Risk Management Supply Chain Management 10 10 11 12 13 14 8-9
Graduate Certificate in Business Graduate Diploma in Business Master of Business (Science and Technology) Master of Business Law Master of Diplomacy and Trade Master of International Business
Pathway programs
Executive Certificate in Business 39
Student development Off-campus programs General information Entry requirements and fees Contact details
40 41 42 4345
Back cover
RESEARCH PROGRAMS
Excellence in research
The Faculty of Business and Economics has developed a strong reputation for excellence in research across a diverse range of business interests. Our research has the scale, capability and business links that influence national agendas and shape business and professional practice, and this expertise is also translated directly into our teaching programs ensuring all our disciplines lead the way in business education. From policy analysis to financial derivatives, or health economics to industrial relations, our breadth and depth of research knowledge are of international standing. The faculty also provides a stimulating and supportive research training environment to its 350 plus research students.
Research degrees
The Faculty of Business and Economics strives to provide an appropriate environment for both the personal and intellectual development of its postgraduate research students, who make such a significant contribution to the research effort of the faculty. The calibre, enthusiasm and dedication of the facultys 500 academic staff ensure that postgraduate teaching and research activities are current, relevant and rewarding. By the application of knowledge, the faculty adds significant value to the universitys overall research reputation and strategy and contributes to the scholarly, social and commercial development of Australia and its global trading partners.
Research Degrees
Master of Philosophy
The degree of Master of Philosophy (MPhil) signifies the completion of a course of postgraduate training in research under proper academic supervision, and submission of a thesis that external examiners have declared to be a contribution to knowledge, demonstrating the candidates capacity to carry out independent research. While it is not necessary that an MPhil thesis would make a major contribution to the discipline by way of new knowledge (as a PhD would require), an MPhil thesis would be expected to make a contribution to an existing body of knowledge, by applying, clarifying, critiquing or interpreting that knowledge. The principal component of the MPhil is a thesis of up to 50,000 words, embodying the results of a research project. The thesis is written under direct supervision of a member of the academic staff. Together with a supervisor, each candidate is responsible for developing the research program to be followed and should be designed to take no more than 2 years of full-time equivalent candidature. The Master of Philosophy also includes a coursework component, according to the academic discipline, for those students interested in upgrading to the Doctor of Philosophy. Campus: Berwick, Caulfield, Clayton, Gippsland, Malaysia, Peninsula Duration: 2 years (full-time) Intake: Anytime. Economics semester one only Entry requirements: Applicants require one of the following:
Doctor of Philosophy
The degree of Doctor of Philosophy (PhD) at Monash University signifies that the holder has completed a course of postgraduate training in research under proper academic supervision, and has submitted a thesis that external examiners have declared to be a significant contribution to knowledge, and that demonstrates the candidates capacity to carry out independent research. The principal component of the PhD is a major thesis of up to 100,000 words, embodying the results of a research project. Course work and training will be a component in a number of disciplines across the faculty. Campus: Berwick, Caulfield, Clayton, Gippsland, Malaysia, Peninsula Duration: 34 years* (full-time), 8 years (part-time) Intake: Anytime. Economics semester one only Entry requirements: Applicants must have completed one of the following for admission to the PhD program:
Issues in auditing and assurance Issues in corporate finance Issues in financial accounting Issues in banking Issues in management accounting Electives Twelve graduate units offered by any department in the Faculty of Business and Economics including at least six units at level-4000 or 5000 and at least six units offered by the Department of Accounting and Finance.
COURSEWORK PROGRAMS
Over time, ambitions and goals can change. You may be seeking to increase your level of expertise in a particular area, or you may want to change the direction of your career. We have designed a range of programs that will help you get the business knowledge or professional accreditation you need to make those transitions. Whatever your background, Monash Business and Economics programs will help you to get where you want to go. Whether new to the workforce or a seasoned professional, the Faculty of Business and Economics offers graduate programs that can be tailored to your needs. Our coursework programs are offered both on and off campus, with some delivered in a blended mode. Whilst off campus learning can have its advantages, we find that the sharing of experiences through discussion and debate in traditional classes can be just as valuable as the programs academic content. Some courses include a research stream, which is a prerequisite if you are intending to undertake a PhD.
Extend your undergraduate major(s) These courses offer you the opportunity to learn more about an area you specialised in during your undergraduate studies. Aimed at early career professionals (0 2 years work experience) Master of Business Advanced Marketing Information Technology Law and Responsible Business Risk Management Supply Chain Management Research Specialisation Master of Business (Accounting) Master of Business (Science and Technology) Master of Applied Finance Master of Applied Econometrics Master of Business Economics Master of Economics Master of Public Health (Health Economics specialisation) Master of Advanced Marketing Master of Business (Accounting) Master of Business (Science and Technology) Master of Applied Finance Master of Applied Econometrics Master of Business Economics Master of Public Health (Health Economics specialisation) Master of Human Resources Management Master of Management Master of Public Policy and Management Master of Advanced Marketing MBA (5+ years work experience)
Gain new expertise These courses enable you to gain new expertise by studying an area of specialisation not undertaken in your undergraduate studies. Master of Business Information Technology Law and Responsible Business Marketing Risk Management Supply Chain Management Research Specialisation Master of Business Law Master of Diplomacy and Trade Master of International Business Master of Professional Accounting Master of Professional Accounting (Advanced) Master of Business (Banking and Finance)
Master of Business Law Master of Diplomacy and Trade Master of International Business Master of Human Resources Management Master of Management Master of Public Policy and Management Master of Marketing Master of Professional Accounting Master of Professional Accounting (Advanced) MBA (5+ years work experience)
COURSEWORK PROGRAMS
Business
Master of Business
The Master of Business is an industry-focused, flexible option in postgraduate studies, which is specifically designed for early career professionals who wish to refine their business skills and advance to the next stage in their career. With a strong emphasis on personal development and a flexible program structure, you are able to build a personalised business degree, with the option to specialise in one of six areas. You may be a graduate from another discipline who wishes to develop comprehensive business skills, either to enter the corporate environment or progress to management within your field, or a business graduate seeking to develop and extend your skills in a specific discipline. The program requires completion of six core units of which four are from among the major business disciplines underpinning the programs learning outcomes, and two are from the areas of personal development, corporate responsibility and business ethics. The six elective units enable you to tailor the course to your needs, with an option of including a designated specialisation in selected areas of contemporary importance. The following specialisations, determined by market demand and reflecting emerging trends, are currently offered: Advanced marketing (for those with a marketing major in their undergraduate degree) Information technology Law and responsible business Marketing (for those without a marketing major in their undergraduate degree) Risk management Supply chain management Areas of Specialisation Advanced marketing The advanced marketing specialisation allows you to build on the marketing major in your first degree with six marketing units that extend and broaden marketing knowledge. These include advanced units in contemporary issues in marketing, business research methods, buyer behaviour and marketing communication. Information technology The information technology specialisation allows you to build upon the core program with six units dealing with current practices and emerging strategies for the application of information technology in business management. You are introduced to management of the creation, storage, recall and dissemination of business records within organisation-wide frameworks and they will gain a high level of understanding of the processes of project management. Law and responsible business Regulatory issues comprise an important part of the business environment. Units in this specialisation provide you with an understanding of how legal and social responsibility considerations impact upon business decision-making. Marketing The marketing specialisation allows you to build on the marketing major in your first degree with six marketing units that include a foundation unit in marketing, and a range of units that cover the central concepts from marketing. These include buyer behaviour, integrated marketing communication, marketing research and assessing marketing performance. Risk management The risk management specialisation allows you to build upon the core program with six units dealing with current practices and emerging strategies for the application of enterprise wide risk management (EWRM) in the complex business structures of today. Students are introduced to the latest techniques and practices that allow the management of risk to be a value driver for business prosperity and survival via examination of ISO31000, the international standard for risk management. Supply chain management The supply chain management specialisation allows you to build upon the core program with six units dealing with current practices and emerging strategies for improving supply chain performance. The subjects can provide a focus on either the strategic management of supply chains or on the design and optimisation of supply chains.
Course Overview
Six elective units, up to two may be from other faculties OR Six units selected from one of the specialisations
Master of Business
This program provides students with: an advanced level of attributes in written and oral communication, information literacy, self direction, teamwork, global outlook, moral and social responsibility, curiosity and creativity an understanding of contemporary issues within the various disciplines of local and global business knowledge and skills associated with understanding and applying business theory, concepts and practice locally, regionally, internationally and globally the capacity to interpret and communicate research findings; and advanced analytical skills.
Master of Business 3 semesters full-time, 6 semesters part-time Early career professionals 3844 An Australian bachelor degree or an equivalent qualification, or an executive certificate awarded by the Faculty of Business and Economics, and a Weighted Average Mark (WAM) of 55% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 12 units 6 core units 6 elective units 6 units from the area of specialisation or electives: 4 core units from the following: Law and business decisions Economics Business and economic statistics Accounting for business Managing people and organisations Marketing and the international consumer* Advanced marketing communication**
* This unit should not be taken by students intending to complete the Advanced Marketing specialisation and cannot be counted towards the completion of this specialisation. **This unit is only available to students who have completed the specified unit prerequisite or who have completed an undergraduate major in marketing.
Information technology 6 of the following: Project management e-Business IT for management decision making Enterprise systems IT strategy and governance Managing business records Services science Database systems design Information technology management Law and responsible business 6 of the following: Business law Law and business decisions Law and global business decisions Corporate governance HR management law Taxation law Corporate environmental responsibility Marketing law Marketing 6 of the following: Marketing and the international consumer Marketing innovation and planning Assessing marketing performance Integrated marketing communication International marketing Sustainable marketing Marketing research Relationship marketing Theory and process of buyer behaviour Risk management 6 of the following: Issues in risk management Case studies in risk management Principles of risk transfer Introduction to risk principles Risk financing and treasury management Insurance law for corporate insurance programs Law and business decisions Quantitative methods for risk analysis Supply chain management 6 of the following: Advanced supply chain management Supply chain management Fulfilment and order management Business process modelling, design and simulation Re-engineering the organisation e-business Services and operations management Managing innovation Sustainable operations and supply chain management or six electives Four of these units must be from the Faculty of Business and Economics and 2 units may be from other faculties within Monash University.
Course structure
1 core unit from the following: Personal development critical thinking and communication Personal development managing self and relationships 1 core unit from the following: Business ethics in a global environment Corporate social responsibility Plus a further 6 electives: Six units selected according to specialisation, or six units, at least four of which must be from the Faculty of Business and Economics, subject to course coordinator approval. Specialisation (6 units) in 1 of 6 areas Advanced marketing* The following 4 units: Contemporary issues in marketing Advanced business research methods Advanced buyer behaviour Advanced marketing communication Plus 2 units offered by the Department of Marketing. Not all marketing units can be counted toward the Advanced marketing specialisation. Students are advised to speak to a course coordinator prior to selecting units.
* Applicants planning to undertake the Advanced marketing specialisation require a major in marketing.
The Master of Business can be combined with other masters degrees, enabling you to graduate with two masters degrees: Master of Business /Master of Professional Accounting (page 36) Master of Journalism/Master of Business (page 37)
COURSEWORK PROGRAMS
Business
Graduate Certificate in Business
This four-unit course may be undertaken as a stand-alone award or as a pathway to a graduate diploma or masters degree. It is designed to enable you to experience an introduction to a variety of business disciplines, or to tailor your unit selection to a specific area of interest. Students who successfully complete the Graduate Certificate in Business with a minimum of a credit average (60%) may be eligible for admission to a masters program within the Faculty of Business and Economics.
On-campus, Caulfield or off-campus Course code Entry requirements Graduate Certificate in Business 1 semester full-time, 2 semesters part-time 1679 An Australian bachelor degree or an equivalent qualification and a Weighted Average Mark (WAM) of 55% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 4 units Students complete any four graduate level units from the Faculty of Business and Economics.
Course structure
Course structure
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Elective units give you the opportunity to select units from another faculty. You may be able to enhance your degree by completing units in areas such as: Information Technology Law Business Systems Project Management Leadership
You should consult with your course coordinator when selecting elective units.
Course structure
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COURSEWORK PROGRAMS
Business
Master of Business Law*
In the past decade, issues such as globalisation, risk management, compliance and deregulation have resulted in fundamental changes to conventional career opportunities in both the business and government sectors. It is therefore an advantage for many professionals to have knowledge and understanding of the legal aspects of business and taxation issues. The development of legal, analytical and writing skills is also becoming increasingly important in professional business practice. The Master of Business Law is an eight-unit program designed for students who are seeking a postgraduate applied business law qualification. This course is of direct relevance to those involved in professional practice or other advisory roles in the private or government sectors, where knowledge of commercial law and the legal environment is necessary. The course will enhance relevant skills for students seeking placements in legal, commercial and governmental regulatory and compliance positions anywhere in the world. The Master of Business Law may be combined with other masters degrees, enabling you to graduate with two masters degrees: Master of Business (Accounting)/Master of Business Law (page 34) Master of Professional Accounting/Master of Business Law (page 35)
On-campus, Caulfield Aimed at Course code Entry requirements Master of Business Law 2 semesters full-time Early career or experienced professionals seeking to gain new expertise 3159 An Australian bachelor degree or an equivalent qualification, or an executive certificate awarded by the Faculty of Business and Economics, and a Weighted Average Mark (WAM) of 55% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 8 units The following 2 units: Law and business decisions Final research project Plus 4 units selected from the following: Workplace taxation Investment taxation Corporate governance Comparative business law in Asia Labour relations law Workplace negotiations Good governance and accountability in non-profit and social enterprises Corporate environmental responsibility Intellectual property laws International law and policy Law of marketing The globalisation of law and development in Asia Chinese business law Financial services regulation International trade law Human resource management law Business law Taxation law (prerequisite for taxation units) Insurance law Electives Up to 2 other elective units may be chosen from those offered by the department or other departments in the Faculty of Business and Economics. Electives may be chosen from another faculty of Monash University with the approval of the course coordinator.
Course structure
Depending on units undertaken, you may elect to complete the Master of Business Law, with significant credit, after completion of another masters degree. This option is only suitable for some courses and consultation with the course coordinator is recommended.
* This course does not qualify you to act as a solicitor or barrister.
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Diplomacy and Trade combines an exploration of theoretical and practical approaches to international trade with a broader discussion on the challenges of policy making, statecraft and international relations. The coursework was often challenging, but entirely manageable. Monash pushes students to grasp concepts and ideas, rather than to memorise and regurgitate facts and that makes for a workload that is as deep and engaging as you want it to be. Discussions with fellow students and faculty, conducted as part of every class offer a chance to really explore ideas and concepts, a privilege one rarely experiences in a large undergraduate environment. The Diplomacy and Trade course not only gave me the tools and credentials I needed to put up a successful candidacy for my current position, but has also proven invaluable in preparing me for the myriad of complex issues that constitute modern foreign affairs. I can heartily and unreservedly recommend MDT, whether you want to build a career or your own understanding of the international sphere.
Master of Diplomacy and Trade 3 semesters full-time, 6 semesters part-time Early career or experienced professionals seeking to gain new expertise 2643 An Australian bachelor degree or an equivalent qualification and a Weighted Average Mark (WAM) of 55% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 12 units 6 core units 6 elective units 6 core units: Prosperity, poverty and sustainability in a globalised world Comparative regionalism International law and policy International trade policy International institutions and organisations Diplomacy and statecraft
Minimum grades apply. For more information on research degree entry requirements please see page 5.
Electives
Six units 2 of these electives may be from other faculties of Monash University. A research pathway is available with the approval of the course coordinator.
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COURSEWORK PROGRAMS
Business
Master of International Business
The International Business program will equip you with knowledge about business and management issues from a global perspective. Graduates leave with the tools needed to assist their companies in the internationalisation process and acquire vital skills in communicating and negotiating across cultures. You will develop the capacity for high-level analysis of firm internationalisation, international trade, investment, strategy and management, and gain an appreciation of the multinational firm, its environment and the activities of the international manager. Career opportunities Career opportunities include manufacturing or service firms with international activities, export and trade agencies, government institutions, NGOs, international organisations, joint ventures, foreign subsidiaries, travel and tourism, consulting, research, and more. Research pathway Students wishing to undertake a research pathway will complete the following units as a part of their elective structure: Introductory management research methods Research report (introduction) Research report.
Course structure On-campus, Caulfield and Sunway Malaysia Aimed at Course code Entry requirements Master of International Business 3 semesters full-time, 6 semesters part-time Early career or experienced professionals seeking to gain new expertise 2098 An Australian bachelor degree or an equivalent qualification, or an executive certificate awarded by the Faculty of Business and Economics, and a Weighted Average Mark (WAM) of 55% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 12 units 8 core units 4 elective units 8 core units: Accounting and finance for international managers International trade law The international economy International management Cross-cultural management communication International business strategy International business theory and practice Marketing and the international consumer Electives Four units 2 of these electives may be from other faculties of Monash University. A research pathway is available with the approval of the course coordinator.
Minimum grades apply. For more information on research degree entry requirements please see page 5.
My masters degree took me out of the comfort zone I had carved for myself over my professional career to date and opened my eyes to some pretty alarming global issues. It was always my intention to make a career change after completing the MIB and I now feel both inspired and better equipped to make that change. Because of the growing diversity in the workplace over the last decade the MIB is hugely relevant to anyone who works in business today, not just those posted overseas or working for a multinational enterprise. It improves your awareness of strategic, economic, legal, financial, ecopolitical and multicultural tensions that exist in both the local and global community. Like anything, what you achieve will be commensurate with what you put in, but I strongly recommend this MIB to anyone interested in questioning the status quo.
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Early career or experienced professionals seeking to gain accounting expertise 0748 0790 0826
An Australian bachelor degree or an equivalent qualification in a non-accounting discipline, or an executive certificate awarded by the Faculty of Business and Economics, and a Weighted Average Mark (WAM) of 55% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 8 units 12 units 7 core units 5 elective units 7 core units: Introductory accounting Financial accounting Business finance Management accounting Advanced financial accounting Business and corporations law Personal development critical thinking and communication Plus 2 units from the following: Economics Auditing and assurance Accounting information and systems modelling Taxation law Plus a further 3 graduate level units from the remaining units listed above and/or from units offered by any department in the Faculty of Business and Economics. 16 units 7 core units 9 elective units 7 core units: Introductory accounting Financial accounting Business finance Management accounting Advanced financial accounting Business and corporations law Personal development critical thinking and communication Plus 2 units from the following: Economics Auditing and assurance Accounting information and systems modelling Taxation law Plus 7 graduate level units from the remaining units listed above and/or from units offered by any department in the Faculty of Business and Economics.
8 units selected from the following: Introductory accounting Financial accounting Business finance Management accounting Advanced financial accounting Business and corporations law Personal development critical thinking and communication Economics Auditing and assurance Accounting information and systems modelling Taxation law
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COURSEWORK PROGRAMS
Course structure
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Master of Business (Banking and Finance) 3 semesters full-time, 6 semesters part-time Early career professionals seeking to gain new expertise in banking and finance 0504 An Australian bachelor degree or an equivalent qualification in a non-finance discipline, or an executive certificate awarded by the Faculty of Business and Economics, and a Weighted Average Mark (WAM) of 60% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 12 units 6 core units 6 elective units 6 core units: Financial planning Options, futures and risk management Financial management theory Australian capital markets Portfolio management and theory Personal development critical thinking and communication
Course structure
Electives
Six graduate units offered by any department within the Faculty of Business and Economics including at least four units at 5000 level. It is recommended that students consult with the course coordinator regarding elective unit selection as some restrictions apply.
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COURSEWORK PROGRAMS
Course structure
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Course structure
* Due to unit prerequisites, students with no prior economics or statistics knowledge may need to take more than two semesters to complete this course.
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COURSEWORK PROGRAMS
Career opportunities Graduates of the program are well prepared for professional careers in which econometrics is applied to quantitative analysis of many kinds of problems in economics, market research, finance, risk management, international business and many other areas. Econometric skills are in high demand in both private and public sectors. For example, the Australian Bureau of Statistics and the Treasury, in the public sector and financial institutions (bank and insurance companies) and in business consultancy firms in the private sector.
Caulfield Aimed at Course code Entry requirements Master of Applied Econometrics 3 semesters full-time, 6 semesters part-time Early career or experienced professionals seeking to extend their econometrics expertise 3822 An Australian bachelor degree or an equivalent qualification, or an executive certificate awarded by the Faculty of Business and Economics, with a Weighted Average Mark (WAM) of 65% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants must have achieved a credit or equivalent in an introductory multiple regression unit at tertiary level. Applicants will be ranked and selected based on their entire academic record. 12 units 2 core units 6 units selected from a prescribed list 3 elective units Core units: Applied econometrics Research project Plus 1 of the following: Mathematics for economics and business Mathematics for business Plus 1 of the following: Quantitative methods for financial markets Quantitative models for business research Four of the following, including at least one of those marked an asterisk (*): Econometric theory Applied econometrics 2 Microeconometrics Financial econometrics 2 Optimisation for management Research topics in econometrics Special reading unit 1 Applied time series econometrics* Applied financial econometrics Special topics in econometrics Special topics in econometrics l* Special topics in econometrics ll Or units from the above not previously taken Electives A further three units (subject to approval) taken from Business and Economics or from another faculty.
A Masters in Applied Econometrics is very well regarded in the job marketplace. I was offered several jobs in banking even during the biggest downturn in memory. Econometrics is an instant indicator of quantitative skills that are highly valued, and quite rare, giving you more freedom and more options. After some time in the workplace I discovered that professionalism in a certain discipline is a big advantage. Being a generalist only gets you so far. I felt my career was drifting, and my previous employer encouraged everyone to professionalise through further study. I chose Monash because of the reputation of the university as a whole, and the Department of Econometrics in particular. I really enjoyed doing the special reading unit with Bill Zhang. The great thing about this unit is you basically set your own topics. Of all the things I learnt during the course, this unit was the most relevant to my current job. The Master of Applied Econometrics really opened up a range of career doors. I certainly wouldnt be living in Singapore and working in my current job without it.
Course structure
Luke Clinton Russell Master of Applied Econometrics Deans Honour List Recipient 2008 Risk Management Associate OCBC Bank, Singapore
* Due to unit prerequisites, students with no prior economics or statistics knowledge may need to take more than three semesters to complete this course.
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Economics is one of the foundation departments of Monash University. The Department provides top level specialist advice to government and private sector bodies in Australia and internationally. It has developed advisory contacts in the Asia-Pacific Region, as well as close connections with prestigious academic and policy formulating institutions in China, Europe and the United States. Career opportunities The Master of Business Economics promotes your career prospects in the public sector government departments, allied agencies, NGOs as well as the private sector in consulting firm, research departments in banks and financial institutes as well as market research firms.
On-campus, Caulfield Aimed at Course code Entry requirements Master of Business Economics 3 semesters full-time, 6 semesters part-time Early career or experienced professionals seeking to extend their economics expertise 3842 An Australian bachelor degree or an equivalent qualification with a major in economics and a Weighted Average Mark (WAM) of 60% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 12 units 6 core units 6 elective units 6 core units: Applied economics issues research paper Game theory and business strategy Special research topics in applied economics Applied microeconomics Applied macroeconomics One quantitative unit approved by the course coordinator Electives Six graduate level units a maximum of 4 can be chosen outside the field of economics from any faculty.
Course structure
* Due to unit prerequisites, students with no prior economics or statistics knowledge may need to take more than two semesters to complete this course. **Due to the sequential nature of Microeconomics and Macroeconomics, students will not be able to take all the core units in the first semester of their course.
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COURSEWORK PROGRAMS
Course structure
Electives
Plus 3 units from the following list: Development economics International trade policy Competition, regulation and policy Post-Keynesian economics Law and economics Project evaluation Public economics Welfare economics Economics of industry, institution and organisation Health economics Economic evaluation of health services Quantitative economic policy Plus 2 units from the following list: Public economics Information, incentives and games Any fourth year unit offered by the Department of Economics and not previously completed.
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Health Economics programs The economic analysis of the health care sector, its policies and interventions, is relevant to clinicians and health professionals and those involved in the production, use, delivery and regulation of health care programs and interventions. The Centre for Health Economics is home to Australias most extensive teaching program in Health Economics. There are a range of postgraduate courses tailored to both economists and noneconomists, and delivered via off-campus learning.
Course structure
Course structure
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COURSEWORK PROGRAMS
With undergraduate and postgraduate degrees in teaching, language and literacy education, I had been a school principal in the state system for two years prior to undertaking the MBA course. Increasingly, this role requires skills of problem solving, financial acumen, strategising for organisational improvement for the purpose of continuously enhancing student outcomes, capacity to effectively manage resources human, financial, IT, facilities, etc. Further, to eventually consider roles beyond school principalship, a business postgraduate degree seemed attractive, with the potential to broaden my leadership, and in turn, to further my career prospects in the broader field of education. At the outset, my plan was to ensure that I was able to continue my school leadership role and to advance with that, while also maximising my learning from each MBA unit, not to simply gain passes, but to squeeze as much learning as possible out of each subject, applying my new learnings where I could to my school principal role. Now, having completed my MBA, I am better equipped with many more concepts, theories, frameworks and strategies that support and value add to my work as a leader and manager in a large school organisation. In 2010, Kerry was the highest achieving student in the leadership unit.
Further information can be found at: www.monash.edu.au/pubs/handbooks/courses/0046.html Career opportunities Graduates may move into careers in a diverse range of areas within the health sector. These may include: professional practice; research; public health management; management positions within health care facilities; international positions with aid organisations or within developing countries. This degree is recognised as a public health qualification in a number of professional fields. It fulfils the academic coursework requirements of the Australasian Faculty of Public Health Medicine.
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Management
Master of Business Administration (MBA)
Consistently placed amongst the top MBA programs in Australia, the Monash MBA offers a new approach to the development of corporate and community leaders. Here, you will learn how to manage, lead and transform organisations but you will do so in a unique way. You will examine and develop your individual leadership and personal capabilities. You will learn to approach business challenges in a holistic way, guided by a professional and ethical framework. Innovative thinking and entrepreneurship will be encouraged and grown. And you will do all this while considering how you can make business better. The Monash MBA has an integrated focus on ethics and sustainability, leadership, negotiation and strategic decision-making with flexible course delivery in a combination of intensive and traditional semester modes. Course Overview During the Monash MBA you will build on your existing management skills and knowledge, readying you to lead and manage whole enterprises. Extending beyond business fundamentals, you will gain expertise in applying your business skills in a variety of settings. Our curriculum includes an integrated focus on ethics and sustainability. Here, you will explore moral issues facing contemporary business leaders and you will consider the impact of value-based decisions in the business world. The Monash MBAs Leadership and Personal Development Program is unique. Fully integrated into the core curriculum, it builds on the academic program seeking to assist you to improve your leadership capabilities and to promote your career. The Monash MBA Leadership and Personal Development Program is based on the belief that empowering MBA students in the behaviour-based areas of leadership and personal development is of equal importance to the business and commercial skills gained from the academic curriculum. Our exclusive corporate project, completed in the final quarter of the course, is an experiential component that offers you the opportunity to apply the qualitative and analytical skills covered in the preceding 12 units of the program in the context of a defined live business problem. This element of the Monash MBA provides both a finishing school for students in the program, and a first-look opportunity at managerial talent for our partner organisations. The corporate project comprises three elements. A consulting skills unit delivered in block mode (one week of classroom delivery) and entails the development of a broad set of consulting-specific skills. The Community Corporate Project - a group project (one week in company) completed in the not-for-profit or community sector. The rationale for this is consistent with the broader aims of the Monash MBA program to develop future leaders, and the recognition that business and its leaders are situated in the wider community and hence have an obligation to that community. The Individual Corporate Project - an individual in company project students complete in the corporate, public or community sector. There is a suite of possible projects that host organisations have nominated, and students are required to spend up to six weeks (part-time or full-time) in the organisation solving a real business problem. Projects can also be completed in your own workplace.
Course structure On-campus, Caulfield Master of Business Administration (MBA) Full time students may have the option to complete in 1.5 years, and part time students in 2.5 years, based on academic achievement after completion of specified units. The full-time program is usually completed in two years and the part-time program in four years. However, there is an option for full-time students to accelerate progression through the first 12 units to complete the coursework part of the program in one year of full-time study followed by the corporate project in one semester. This option is based on academic merit. Part-time students may accelerate progression to complete in 2.5-3 years. Experienced professionals 0028 An Australian bachelor degree or an equivalent qualification with a credit average preferred and a minimum of five years work experience, at least three years of which is professional/managerial experience. Applicants will be ranked and selected based on their entire academic record. 16 units 12 core units 4 unit Corporate project 4 integrating core units: Critical thinking for problem solving The strategic environment of business Negotiation and managerial judgement Strategic management 8 fundamental core units: Managing people for competitive advantage Business insights from data analysis Interpreting accounting information Creating sustainable organisations Business economics Corporate finance Strategic marketing Creating innovative organisations Strategic Corporate project 1 corporate project Corporate project 2
More Information For more information about the Monash MBA visit: www.mba.monash.edu.au
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COURSEWORK PROGRAMS
Management
Graduate Diploma in Human Resource Management
On-campus, Caulfield or off-campus Course code Entry requirements Graduate Diploma in Human Resource Management 2 semesters full-time, 4 semesters part-time 2778 An Australian bachelor degree or an equivalent qualification with a Weighted Average Mark (WAM) of 55% or an equivalent Grade Point Average (GPA) as determined by the faculty with due consideration given to relevant employment experience. Applicants will be ranked and selected based on their entire academic record. 8 units 4 core units 4 elective units 3 core units: Strategic human resource management Managing people and organisations Human resource management Plus 1 of the following core units: Work and employment relations in a global context Work and employment relations Electives Four graduate level units 2 of these electives may be from other faculties at Monash University
This eight-unit course has been designed for graduates from a range of disciplines who wish to develop their management and human resource knowledge and skills. The course examines current theories and models of human resource management, human resource development, and industrial relations and their links to management functions. The work experience course entry requirement and the seminar style classes provide you with an opportunity to actively interact with other professionals. Industry relevant guest speakers are also actively involved in class presentations. As well as providing industry relevant content the class design sets up good networking opportunities. All staff are actively researching in the area of HRM. For example key teaching staff are leading, or working on, HR related Australian Research Council funded research projects. Staff have also been recognised by the faculty for their innovative teaching approaches and are recipients of the Deans Awards for Excellence in Teaching. Several Staff are key commentator to the media across a variety of HRM issues Career opportunities Human resource professionals work in almost all large organisations, and cover a range of areas such as training and development, occupational health and safety, equal opportunity and industrial relations, recruitment, remuneration and performance management.
Course structure
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I decided to pursue further study with the dual aim of deepening my knowledge of my chosen profession and enhancing my career prospects. I have recently taken up a new position and I believe that my postgraduate studies gave me the impetus to seek a more challenging job. One of the best things about the role is the variety of the work that comes with working for a global organisation. My masters program gave me a greater awareness of contemporary research in HRM, which has enabled me to better understand the practical challenges faced in the workplace. One of the most positive aspects of the course was the opportunity to learn from the experience of others in the class and to relate these experiences to the topic under discussion. The lecturers encouraged group discussion to challenge our way of thinking. Through the course of the program I have developed sound skills in critical analysis and a broader understanding of business. These skills have given me an edge when it comes to further enhancing and developing my career. To some extent, I surprised myself in attaining good results and being awarded a prize as the highest achieving student. I now believe that I can succeed at anything I put my mind to.
Alaynna Elliot Master of Human Resource Management Human Resource Manager Mercedes-Benz Australia Pacific
Course structure
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COURSEWORK PROGRAMS
Management
Master of Management
Whether operating in the corporate, government or non-profit sectors, organisations worldwide highly value managers that are able to multi-skill, work well with people, operate across an entire organisation and view the organisation holistically. The Master of Management reflects upon and responds to the external and internal challenges and demands currently faced by managers. Rapid growth in new technologies, intense global competition, the elimination of industry boundaries and the opening of previously closed global markets have characterised the start of the new millennium. As a consequence, the skills necessary to deal with this complex and varied range of factors are necessarily complex and varied themselves. The focus of the Master of Management is directed toward the development of management capabilities in the context of changing and dynamic organisational environments. The program is aimed at career professionals with work experience, who hold an undergraduate degree and who seek to strengthen their career progression, enhance their management knowledge and skills, and therefore improve opportunities for themselves and their organisations. The program is suitable for those who have experience in their field and who occupy or aspire to management positions in business, government, community, service and non-profit organisations. The course is designed to provide you with a comprehensive, intellectually demanding and up-to-date understanding of management concepts. Career opportunities The program prepares you for a wide range of management positions. Many people from backgrounds such as engineering, medicine and finance study management to enable them to move into management roles within their chosen discipline areas. Careful selection of elective units can assist you in making strategic career changes. Research pathway Students wishing to undertake a research pathway will complete the following units as a part of their elective structure: Introductory management research methods Research report (introduction) Research report.
I chose Monash University due to its progressive attitude, the depth of academic and practical knowledge in its programs, and its longstanding reputation as a premier university. I was able to adapt my program to suit my busy lifestyle, taking some units in block mode, one through distance education and others on-campus. Most appealing was the flexibility of assigned assessment tasks, many of which were based on the company I was working in, and presented back to the organisation. I am passionate about the environment and responsible corporate citizenship and undertook a corporate social responsibility elective. I applied the models put forward in the course to my workplace, and Im sure this contributed to the company winning the Corporate Social Responsibility Award for the Premier Regional Business Awards in 2010. One of the best things about being a student at Monash was the ability to build relationships with people from different industries, to learn from one another, and to have easy access to teaching staff when required. On numerous occasions I found myself coming home fired up about the discussions wed had in class, which would lead to further development of some of these themes in the workplace. The motivation of the lecturers was infectious.
Minimum grades apply. For more information on research degree entry requirements please see page 5.
On-campus, Caulfield or off-campus Aimed at Course code Entry requirements Master of Management 3 semesters full-time, 6 semesters part-time Experienced professionals seeking to gain or extend their management expertise 0105 An Australian bachelor degree or an equivalent qualification, or an executive certificate awarded by the Faculty of Business and Economics, with a Weighted Average Mark (WAM) of 60% or an equivalent Grade Point Average (GPA) as determined by the faculty and a minimum of two years relevant employment. Applicants will be ranked and selected based on their entire academic record and relevant work experience. 12 units 6 core units 6 elective units 6 core units: Leadership Managerial problem solving and decision making Services and operations management Managing people and organisations Managing organisational change Strategic management Electives Two units selected from a specified list, plus a further 4 graduate level units, 2 of which may be selected from other faculties of Monash University. A research pathway is available with the approval of the course coordinator.
Course structure
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Working in local government with a background in sociology and social research, I felt that learning about policy making and management would help with my career progression. I was encouraged to undertake this course by my employers, who have been very supportive during my studies. I was initially slightly hesitant as I hadnt undertaken any business studies previously, but I quickly found that I really enjoyed the course because what I was learning was really valuable for my personal and professional development. The quality of teaching was excellent - the lecturers were passionate about their subject and gave us every encouragement to do well. My current role involves strategic work, such as the development of policies and plans, providing high level advice, research and assistance around planning for growing communities and an increasing demand for community services. The best thing about this area is that it is fast paced, diverse, challenging and rewarding. I can use all of the skills and knowledge acquired during my postgraduate course to make a difference to the community.
Joanne Birkett Master of Public Policy and Management Manager Strategy and Policy, Local Government and current PhD student
Course structure
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COURSEWORK PROGRAMS
Marketing
In todays dynamic and global business environment, marketing permeates all areas of business and is an integral element of sustainable business growth. Highly qualied, innovative, and ethical marketing practitioners are therefore in great demand in the job market. The Department of Marketing at Monash University is the largest provider of tertiary marketing education in the world, and is ranked #1 in research productivity outside the United States. Building on this research prole, and with 45 accomplished academic staff, we are able to provide you with a stimulating and diverse range of units in the Master of Marketing and Master of Advanced Marketing.
Master of Marketing
The Master of Marketing is designed for experienced professionals. Accordingly, our focus is to take you through a rich immersion in cutting-edge academic research in marketing as well as a range of extracurricular seminars and master-classes by leading industry practitioners. As a graduate of this program, you will be equipped with theoretical and problem-solving skills, which will enable you to advance in your chosen career. With a cohort of fellow professionals with work experience and from a diversity of industries, the degree allows rich learning with others who share your commitment to career progression. Flexibility is a key feature of the Master of Marketing. The course empowers you to undertake units fully on-campus, entirely online, or to mix on-campus and online units.
For some years Ive worked in operational management in various Australian manufacturing companies, leading small and large teams in the functional areas of customer service and logistics, as well as being a member of management teams. I decided to undertake a logistics management specialisation in the Master of Marketing to broaden and update my theoretical knowledge base, with a view to transitioning into more strategically focussed management roles. In the interests of maintaining work/life/ study balance, I explored the different types of course delivery particularly block and summer subjects. I found I was able to allocate my time better in concentrated parcels, i.e. block mode, than in traditional weekly lectures and tutorials. Now that Ive nished my degree, I feel that Ive achieved my immediate goals. I draw on what I learnt during my studies every day, whether it is theoretical knowledge in inventory management, or distribution strategies, or business strategy, or how I interact with others and my leadership style. My ideas have been challenged and my mind extended by the diverse range of individuals encountered during the course. I now have a wider network of contacts and Ive also developed some great friendships along the way.
Career opportunities Career opportunities in marketing exist in a wide range of areas. These span exciting and challenging areas such as brand management, marketing communications through new and social media, consumer policy, and sustainability, as well as enduring professions such as market research, advertising, retailing, and marketing channels. Industries employing our recent graduates include: consulting, consumer goods, B to B services, not for prot, and government organisations.
On-campus, Cauleld or off-campus Aimed at Course code Entry requirements Master of Marketing 3 semesters full-time, 6 semesters part-time Experienced professionals seeking to gain marketing expertise 2276 An Australian bachelor degree or an equivalent qualication, or an executive certicate awarded by the Faculty of Business and Economics, and a Weighted Average Mark (WAM) of 60% or an equivalent Grade Point Average (GPA) as determined by the faculty. A minimum of two years employment experience with at least a year of professional/ managerial experience. Applicants will be ranked based on relevant employment experience and their entire academic record. 12 units 6 core units 6 elective units 6 core units: Foundations of marketing Theory and process of buyer behaviour Integrated marketing communication Marketing research Assessing marketing performance Case studies in marketing strategy* Electives Six units 2 of these electives may be from other faculties of Monash University. Students are advised to consult with the course coordinator prior to selecting elective units as some restrictions apply.
Course structure
* Case studies in marketing strategy is the capstone within the degree and is undertaken as the nal unit.
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Master of Advanced Marketing 3 semesters full-time, 6 semesters part-time Experienced marketing professionals 4431 An Australian bachelor degree or an equivalent qualification with a major in marketing and a Weighted Average Mark (WAM) of 65% or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 12 units 6 core units 6 elective units 6 core units: Contemporary issues in marketing Advanced business research methods Advanced buyer behaviour Advanced marketing communication Strategic brand management Case studies in marketing strategy*
Course structure
Electives
Six units 2 units must be taken from the offerings of the Department of Marketing; a further 2 units (12 credit points) must be taken from disciplines within the Faculty of Business and Economics; the final 2 of these electives may be from other faculties of Monash University. Students are advised to consult with the course director prior to selecting electives to ensure their study objectives will be maximally met.
*Case studies in marketing strategy is undertaken as the final unit as this is the capstone within the degree.
Students considering a research pathway in their degree must seek approval from the course coordinator. Minimum grades apply. For more information on research degree entry requirements please see page 5. Professional recognition Marketing graduates may satisfy the educational components for the relevant memberships. For further information, go to www.buseco.monash.edu.au/esg/asu/publications/ professional-recognition.html
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COURSEWORK PROGRAMS
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Master of Applied Finance/Master of Business (Accounting) 4 semesters full-time; 8 semesters part-time 3850 An Australian bachelor degree with a major in accounting and a major in finance or an equivalent qualification and a Weighted Average Mark (WAM) of 65%, or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked based on their entire academic record with due consideration given to relevant employment experience. 16 units The following 11 units: Advanced security analysis Advanced strategic management accounting Financial statement analysis and business valuation Financial reporting issues Global financial markets Corporate treasury management Funds management Case studies in finance Forensic accounting and fraud examination Integrated systems for business enterprises Financial econometrics Plus 1 of the following: Personal development critical thinking and communication Personal development managing self and relationships Plus 2 units from the following: Financial planning Options, futures and risk management Global banking institutions and issues Money market dealing Institutional asset and liability management Credit risk modelling Advanced financial planning Inter national studies in banking and finance Modelling in finance and insurance Business forecasting Applied financial econometrics
Course structure
Electives
A further 2 graduate level units offered by any department or faculty subject to the approval of the course coordinator.
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COURSEWORK PROGRAMS
Course structure
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Master of Professional Accounting/ Master of Business Law 4 semesters full-time, 8 semesters part-time 3843 An Australian bachelor degree or an equivalent qualification in a non-accounting discipline with a Weighted Average Mark (WAM) of 60%, or an equivalent Grade Point Average (GPA) as determined by the faculty. Applicants will be ranked based on their entire academic record with due consideration given to relevant employment experience. 16 units 8 core units: Introductory accounting Financial accounting Business finance Management accounting Advanced financial accounting Business and corporations law Final research project Personal development critical thinking and communication Plus 2 units from the following: Auditing and assurance Accounting information and systems modelling Taxation law Economics Plus 4 from the following: Business law* Taxation law** Investment taxation Workplace taxation Corporate governance Intellectual property laws Insurance law Comparative business law in Asia Labour relations law Workplace negotiations Good governance and accountability in non-profit and social enterprises Corporate environmental responsibility International law and policy Law of marketing The globalisation of law and development in Asia Chinese business law Financial services regulation International trade law Human resources management law
Course structure
Electives
Two further graduate-level units offered by any department in the Faculty of Business and Economics.
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COURSEWORK PROGRAMS
Course structure
*Students seeking membership of professional bodies should consult a course adviser regarding unit selection.
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Master of Journalism/Master of Business 4 semesters full-time, 8 semesters part-time 4054 An Australian bachelors degree or an equivalent qualification with a Weighted Average Mark (WAM) of 65% or an equivalent Grade Point Average (GPA) as determined by the faculty. 16 units 4 core units: Research and reporting Reporting with sound and image Journalism and the law Journalism studies Plus 2 units from the following: Journalism and society Print features Editing and publishing Online journalism Radio journalism Video journalism Reporting the environment Investigative reporting Specialist reporting Plus 1 unit from: Personal development critical thinking and communication Personal development managing self and relationships Plus 1 unit from: Corporate and social responsibility Business ethics in a global environment Plus 4 units from: Business and economic statistics Accounting for business Managing people and organisations Business law Economics Marketing and the international consumer* Advanced marketing communication**
Course structure
Electives
Students have the option of completing four further graduate level units from a specified list or a journalism and business research project.
* This unit should not be taken by students intending to complete the Advanced Marketing specialisation and cannot be counted towards the completion of this specialisation. **This unit is only available to students who have completed the specified unit prerequisite or can demonstrate to the satisfaction of the course coordinator, the completion of an undergraduate major in marketing.
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COURSEWORK PROGRAMS
Course structure
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Pathway Programs
Executive Certificate in Business
The four-unit executive certificate is designed as an entry point for students who do not have an undergraduate degree. The content of the executive certificate is equivalent to a graduate certificate and students who attain a credit average (60%) may enrol in and graduate with a masters degree on completion of a further eight units (assuming the masters degree is a 12-unit program). This flexible program may be undertaken on-campus or off-campus and can be completed in one semester of full-time study, or two semesters part-time. The Executive Certificate in Business will: develop a fundamental knowledge base from the four selected units gain insight into the principles of business management critically analyse and apply theories in the selected units.
On-campus, Caulfield or off-campus Course code Entry requirements Executive Certificate in Business 1 semester full-time, 2 semesters part-time 1822 At least six years of relevant employment experience with at least two years being at managerial level or managing budgets in excess of $500 000. Applicants must be recommended by their employer or if self-employed, provide suitable references. 4 units Students complete any 4 graduate level units from the Faculty of Business and Economics. Students intending to articulate to a coursework masters degree should refer to the degree structure of their intended program to ensure their selection of units will enable maximum credit.
Course structure
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Student Development
The Faculty of Business and Economics offers a range of student development activities designed to enhance your academic studies. Here, student development underpins academic programs. Student development programs are designed to: engage you in your personal development to complement your studies develop your life skills with a range of professional development programs transform your career path.
Transform
Mentoring program After completing first semester you will have access to the free graduate mentoring program. The faculty will match students with a Monash alumni mentor according to professional goals, academic pursuits, and interests. Feedback indicates that mentoring facilitates personal growth and professional development and offers an invaluable opportunity to learn from anothers support and advice. This has proven particularly attractive to international students adapting to the Australian business environment. Career readiness program The career readiness program has been specifically designed to maximise your success in the job market at the conclusion of your graduate studies. The program, developed in conjunction with highly respected recruitment and HR consultants, includes: career management and planning communication skills for career progression understanding transferable skills emotional intelligence and how it can help your career identifying the salary you deserve and how to negotiate it.
Engage
Orientation The Faculty of Business and Economics runs an intensive half-day orientation program, introducing students to postgraduate business study at Monash. The program has been carefully created to assist you to familiarise yourself with the skills and expectations of postgraduate study. The range of follow-up workshops available during orientation week provide a head start to your study program, and include: devising learning strategies managing group work and oral presentations managing workload developing enhanced writing skills for postgraduate study assistance with subject selection meet the course coordinator and fellow students managing the all-important balancing act between work life, social life and study
Develop
ADEPT The Academic Development and Enhancement Program for Tertiary Studies (ADEPT) is exclusively for current Faculty of Business and Economics postgraduate students and comprises a series of free workshops designed to further develop and enhance your academic skills. The program provides opportunities to increase your study abilities and contribute to your study outcomes. Personal and professional development programs The personal and professional development programs are designed to provide an opportunity to work with and share experiences with others who also have practical experiences to draw upon. Postgraduate Student Ambassador and Leadership Program The Postgraduate Student Ambassador and Leadership Program is designed to help new students with your transition into university life and to provide you with a positive start to your study program. The leadership phase provides invaluable training in areas including: communication skills personal vision and planning leadership skills project management presentation skills
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Off-Campus Programs
Off-campus learning is a flexible mode of study based on independent learning materials and learning support systems, with attendance by students either not required or kept to a minimum. Each unit studied in the distance mode has the same content and assessment as the equivalent on-campus unit. Off-campus students become familiar with online and web-based learning tools and are able to join with students around Australia and in other countries to develop global conversation skills. Courses that are administered via off-campus learning (no attendance required) are generally studied part-time (usually requiring completion of two units per semester). Off-campus learning materials may be offered in print form or by on-line flexible delivery.
Programs offered by off-campus learning Offcampus only Offcampus or on campus Page no.
Graduate Certificate in Business Graduate Diploma in Business Executive Certificate in Business Graduate Diploma in Human Resource Management Master of Human Resource Management Master of Management Master of Public Policy and Management Master of Diplomacy and Trade Master of Marketing Graduate Certificate in Pharmacoeconomics Graduate Diploma in Health Economics and Policy
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Special requirements
Access to a computer is essential for the use of word processing and other software packages. It is also recommended that offcampus learning students have high speed internet access to facilitate communication with teaching staff and access to web-based teaching material. The Monash Centre for the Advancement of Learning and Teaching (CALT) coordinates and produces the necessary resources to enable you to complete the major part, if not all, of your course without attending on campus. This includes provision of: course materials carefully structured and especially designed for independent study opportunities for effective student support, including lecturerstudent and student-student support and access to facilities such as the library, computer and audio visual materials.
Many courses have no compulsory attendance requirements, but in some units, non-compulsory classes are organised at weekend and vacation schools to supplement and enrich the coursework that is provided off campus. However, for some courses a prescribed amount of attendance is required to complete practical sections of particular units in order to successfully complete the course. Information on the courses and units available off-campus as well as details on admission requirements, application procedures, attendance requirements and student support systems can be found online at www.monash.edu.au/offcampus.
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General Information
Postgraduate scholarships and awards
Monash University offers a wide range of postgraduate scholarships that provide a living allowance, meet international tuition fees or offer a combination of both. Research scholarships Awards are tenable for up to two years for masters by research or for up to three years with a possible six-month extension for doctoral programs. Applicants should hold a four-year undergraduate (bachelor) degree with first-class honours, or a qualification deemed equivalent by the faculty and the university. Applications close on 31 May and 31 October each year. The Faculty of Business and Economics also offers scholarships. Please contact the Faculty Research Office for details. Applicants must apply for the university scholarships to be eligible for the faculty scholarships. In addition to the above awards, several departments in the Faculty of Business and Economics offer their own postgraduate awards to students of exceptional academic merit. Coursework scholarships Scholarships are also available to outstanding postgraduate coursework students. Separate scholarship applications are not required for these awards. For further information regarding scholarships and awards please see: www.adm.monash.edu/scholarships/opportunities/ internationalexcellence/postgraduate.html www.mrgs.monash.edu.au Phone: +61 3 9905 3009 email: mrg@adm.monash.edu.au
Applications
Applications for graduate or postgraduate coursework programs can be made online at: www.adm.monash.edu.au/ admissions/applyonline-instruct.html Applications for a masters by research or a doctoral degree can be made online at: www.buseco.monash.edu.au/research/ student/future/apply/
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Entry Requirements
English language proficiency
Coursework The minimum English entry requirements of the university for applicants commencing coursework study are as follows (you must meet one of the following requirements): You have achieved a satisfactory level of performance in an English subject at Year 12 or equivalent level. For Victorian Certificate of Education (VCE) students, this means a study score of at least 30 in units 3 and 4 in a VCE English subject or a 35 in units 3 and 4 in VCE ESL English is required. You have studied at an institution where English is the language of instruction and assessment for the entire institution. You must have satisfactorily completed either: at least the equivalent of three semesters of a university course (if the institution was not in Australia, you must have completed this within the last two years), or at least the equivalent of a three-year tertiary program (if the institution was not in Australia, you must have completed this within the last five years). Research English requirements for Monash research degrees differ slightly from those of coursework. Further information can be found at www.mrgs.monash.edu.au/research/doctoral/chapter2d.html The minimum English entry requirements of the university for applicants commencing research are as follows (you must meet one of the following requirements): You have undertaken the following English language proficiency test within 24 months prior to your study commencement date and have achieved the following results: IELTS (International English Language Testing System Academic test) minimum test score of 7 with no individual band score less than 6.5. Paper based TOEFL (American Test of English as a Foreign Language) minimum test score of 600 with a Test of Written English (TWE) score of at least 5; a score of at least 100 overall in the Internet based TOEFL, with a score of at least 25 in each of the written, reading, speaking and listening test. You must include the original TOEFL or TWE test report with your application. Successful completion of a course of tertiary studies of at least two years duration conducted entirely in English and involving formal assessment of written work, in a country where English is the official language. Evidence in the form of a letter or certificate issued by the university Registrars office will need to be provided. Studies must be completed within the five-year period prior to application. Where studies have been conducted entirely in English and involving formal assessment of written work in a country where English is one of two or more official languages of that country, a case may be made to the Monash Research Graduate School Committee by the relevant department/ faculty. The World Factbook located at https://www.cia. gov/library/publications/the-world-factbook/ lists the official languages of all countries. Successful completion of a course of tertiary studies of at least two years duration at Monashs Malaysia or South Africa campus, or an equivalent Malaysian tertiary education campus recognised by Monash University. Studies must be completed within the five-year period prior to application.
Documentary evidence in the form of a letter or transcript is required from the institution at which the study was undertaken stating that English is the language of instruction and assessment for the entire institution. You have undertaken the following English language proficiency test within 24 months prior to your study commencement date and have achieved the following results:
IELTS (International English Language Testing System Academic test) minimum test score of 7 with no individual band score less than 6.5. Paper based TOEFL (American Test of English as a Foreign Language) minimum test score of 600 with a Test of Written English (TWE) score of at least 5; a score of at least 100 overall in the Internet based TOEFL, with a Writing score of at least 24 and no score lower than 20 on the other sections of the test. You must include the original TOEFL or TWE test report with your application. All of your secondary schooling was in English and you have successfully completed at least two university-level subjects in an institution where English is the language of instruction and assessment. The university subjects must be Englishrich and judged an appropriate test of proficiency in English language by the managing Monash faculty of the course applied for. You have successfully completed the Monash University English Language Bridging Program, or equivalent programs, at the appropriate level. For further information, visit the Monash University English Language Centre, www.monash.edu/englishcentre/
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Course/Duration
Page
Executive Certificate Executive Certificate in Business Graduate Certificates Graduate Certificate in Business Graduate Certificate in Pharmacoeconomics 4 units $2874 An Australian bachelor degree or an equivalent qualification and a WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor or an equivalent qualification with a 55% WAM or an equivalent GPA as determined by the faculty. Applicants will be ranked based on relevant work experience and their entire academic record. An Australian bachelor degree or an equivalent qualification in a non-accounting discipline with a WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 60% or an equivalent GPA as determined by the faculty. Applicants would normally require a credit or equivalent in an introductory statistics unit at tertiary level. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 55% or an equivalent GPA as determined by the faculty. It is preferred that applicants have successfully completed year 12 mathematics or equivalent. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 55% or an equivalent GPA as determined by the faculty with due consideration given to relevant employment experience. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 55% or an equivalent GPA as determined by the faculty with due consideration given to relevant employment experience. Applicants will be ranked and selected based on their entire academic record. Applicants must have completed an Australian bachelor degree or an equivalent qualification with a major in the proposed area of study and a WAM of 65% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a major in marketing and a WAM of 65% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 65% or an equivalent GPA as determined by the faculty. Applicants must have achieved a credit or equivalent in an introductory multiple regression unit at tertiary level. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree with a major in finance or an equivalent qualification with a WAM of 65%, or an equivalent GPA as determined by the faculty, with due consideration given to relevant employment experience. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a major in accounting, finance or risk management and a WAM of 70% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a major in accounting and a preferred WAM of 60% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree, or an equivalent qualification in a non-finance discipline, with a WAM of 60% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a major in science or technology and a WAM of 60% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a credit average preferred and a minimum of five years work experience, at least three years of which is professional/managerial experience. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a major in economics and a WAM of 60% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification and a WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. 10 At least six years of relevant employment experience with at least two years being at managerial level or managing budgets in excess of $500 000. Applicants must be recommended by their employer or if selfemployed, provide suitable references. 39
4 units
$2565
23
Graduate and Postgraduate Diplomas Graduate Diploma in Accounting Graduate Diploma in Applied Econometrics 8 units $2874 15
8 units
$2874
19
Graduate Diploma in Business Graduate Diploma in Economic Studies Graduate Diploma in Health Economics and Policy Graduate Diploma in Human Resource Management Postgraduate Diploma in Economics and Commerce* Master of Advanced Marketing Master of Applied Econometrics*
8 units
$2874
10
8 units
$2874
21
8 units
$2874
23
8 units
$2874
26
8 units
$2874
12 units
$2874
20
8 units
$2874
18
12 units
$2874
8-9
Master of Business (Honours) Master of Business (Accounting) Master of Business (Banking and Finance) Master of Business (Science and Technology) Master of Business Administration (MBA) Master of Business Economics Master of Business Law
17 units
$2874
12 units
$2874
16
12 units
$2874
17
$2874
11
$3829
25
12 units
$2874
21
8 units
$2874
12
44
Course/Duration
Entry Requirements For full requirements please refer to relevant page An Australian bachelor degree or an equivalent qualification and a WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a major in economics or in a mathematical or quantitative discipline, or the economics stream in the Graduate Diploma in Economic Studies awarded by Monash University, and a WAM of 70% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 60%, or an equivalent GPA as determined by the faculty, and a minimum of two years relevant employment. Applicants will be ranked based on relevant employment experience and their entire academic record. An Australian bachelor degree or an equivalent qualification and a WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 60% or an equivalent GPA as determined by the faculty and a minimum of two years relevant employment. Applicants will be ranked and selected based on their entire academic record and relevant work experience. An Australian bachelor degree or an equivalent qualification with a WAM of 60% or an equivalent GPA as determined by the faculty. A minimum of two years employment experience with at least a year of professional/ managerial experience. Applicants will be ranked based on relevant employment experience and their entire academic record. An Australian bachelor degree or an equivalent qualification in a non-accounting discipline with a WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification in a non-accounting discipline with a preferred WAM of 55% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree or an equivalent qualification with a WAM of 60% or an equivalent GPA as determined by the faculty and a minimum of two years relevant employment. Applicants will be ranked based on relevant employment experience and their entire academic record. An Australian bachelor degree with a major in finance or an equivalent qualification with a preferred WAM of 65%, or an equivalent GPA as determined by the faculty. Applicants must have achieved a credit or equivalent in an introductory multiple regression unit at tertiary level. Applicants will be ranked accordingly based on relevant their entire academic record, with due consideration given to relevant employment experience. An Australian bachelor degree with a major in accounting and a major in finance or an equivalent qualification and a WAM of 65%, or an equivalent GPA as determined by the faculty. Applicants will be ranked based on their entire academic record with due consideration given to relevant employment experience. An Australian bachelor degree or an equivalent qualification in a non-accounting discipline and a WAM of 60% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelor degree with a major in accounting or an equivalent qualification with a preferred WAM of 60%, or an equivalent GPA as determined by the faculty. Applicants will be ranked based on their entire academic record, with due consideration given to relevant employment experience. An Australian bachelor degree or an equivalent qualification and a WAM of 60% or an equivalent GPA as determined by the faculty. Applicants will be ranked and selected based on their entire academic record. An Australian bachelors degree or an equivalent qualification with a Weighted Average Mark (WAM) of 65% or an equivalent Grade Point Average (GPA) as determined by the faculty. An Australian bachelor degree or an equivalent qualification in a non-accounting discipline with a WAM of 60%, or an equivalent GPA as determined by the faculty. Applicants will be ranked based on their entire academic record with due consideration given to relevant employment experience. One of the following: a first-class or upper second-class honours degree requiring at least four years of full-time study, and which includes a research component in the fourth year, or a course leading to a masters preliminary qualification, at a level rated by the relevant department, faculty and university committees to be equivalent to a first-class or upper second-class honours degree. Candidates must also be able to demonstrate their capacity to carry out independent research and have adequate training and ability to pursue the proposed course of study.
Page
13
16 units
$2874
22
12 units
$2874
27
12 units
$2874
14
12 units
$2874
28
Master of Marketing*
12 units
$2874
30
Master of Professional Accounting Master of Professional Accounting (Advanced) Master of Public Policy and Management* Double masters degrees Master of Applied Finance/Master of Applied Econometrics
12 units
$2874
15
16 units
$2874
15
12 units
$2874
29
16 units
$2874
32
Master of Applied Finance/Master of Business (Accounting) Master of Business/ Master of Professional Accounting Master of Business (Accounting)/Master of Business Law Master of International Business/Master of European and International Studies Master of Journalism/ Master of Business Master of Professional Accounting/Master of Business Law Research degrees Master of Philosophy 1.52 years full-time
16 units
$2874
33
16 units
$2874
36
16 units
$2874
34
16 units
$2874
38
16 units 16 units
$2874 $2874
37 35
Fees covered by Research Training Scheme (local students only) Fees covered by Research Training Scheme (local students only)
One of the following: a first-class or upper second-class honours degree requiring at least four years of full-time study, and which includes a research component in the fourth year, or a course leading to a masters preliminary qualification, at a level rated by the department, faculty and university committees as equivalent to a first-class or upper second-class honours degree, or a masters degree including a significant research component, equivalent to an honours degree. Candidates must also be able to demonstrate their capacity to carry out independent research and have adequate training and ability to pursue the proposed course of study.
* May serve as a prerequisite for admission to a research degree. Please see the research pathway for each course. **Fees are based on 2012 rates, are indicative only and may be subject to change. Please go to www.monash.edu.au/study/options/fees.html for more information.
45
Further information Postgraduate Student Services Office Faculty of Business and Economics Monash University Building N, Level 4 27 Sir John Monash Drive Caulfield East, Victoria 3145, Australia Telephone: (+613) 9903 1400 or (+613) 1300 784 990 Email: buseco-postgrad@monash.edu Contacts for international students International Recruitment Services Monash University 871 Dandenong Road Caulfield East 3145, Australia Telephone: +61 3 9627 4852 Email: study@monash.edu www.monash.edu/study/international
Caution: While the information provided in this brochure was correct at the time of its publication, Monash University reserves the right to alter this information should the need arise. You should always check with the relevant faculty officers when considering a course. July 2012
www.buseco.monash.edu.au