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2013 Bachelor of Commerce

COMMERCE MAJORS: ■■

Accounting

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Actuarial Studies

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Business

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Economics

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Finance

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Management

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Marketing

STUDIES IN: ■■

Engineering

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Property and Construction

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Psychology


Contents

OUR RANKINGS

 hy choose Commerce W at Melbourne?

3

Bachelor of Commerce

4

The Commerce student experience

5

Commerce majors

6

Number 1 in Australia 

Q

Breadth sequences Engineering

13

Property and Construction

14

Psychology

15

Career outcomes

16

Concurrent diplomas

18

Chancellor’s Scholars Program

19

Scholarships 20 Graduate study

21

Entry requirements

22

Admissions 23 Contact us

Number 37 in the world 

W

Number 4 in the world for graduate employability  E

Discipline-specific rankings Accounting and Finance: Number 1 in Australia, number 14 in the worldE Economics and Econometrics: Number 1 in Australia, equal number 16 in the worldE Q Academic Ranking of World Universities 2011 and Times Higher Education World University Rankings 2011–2012 W Times Higher Education World University Rankings 2011–2012 E QS World University Rankings 2011

Back cover

PROFESSIONAL RECOGNITION The Bachelor of Commerce, together with specified membership requirements, satisfies the accreditation requirements of several international professional associations. Australian accreditation is granted through the organisations below.

The University of Melbourne is the first institution in Victoria and only the second in Australia to receive both business and accounting accreditation from the Association to Advance Collegiate Business Schools International (AACSB). The University is also a program partner of the CFA Institute, which administers the CFA Program.


Why choose Commerce at Melbourne? EXCELLENT CAREER OUTCOMES ■■

Excellent employment rates: Three out of four job-seeking Commerce graduates were employed full time within four months of graduation.Q

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Above-average starting salaries: Graduates report a median annual salary of $50 000, 10 per cent higher than the national median of $45 000.Q

FLEXIBLE COURSE STRUCTURE As a Commerce student, you will receive comprehensive business training and have the chance to explore complementary disciplines. There are seven Commerce majors to choose from, with the opportunity to complete two majors in three years. You can also study Engineering, Psychology, Property or Construction as part of your degree. Q University of Melbourne Graduate Destinations Survey 2011

INTERNATIONALLY RECOGNISED TEACHING STAFF Teaching staff at the Faculty of Business and Economics are renowned worldwide for teaching and research excellence. Recognised as innovative, expert researchers, our academics collaborate in international research projects and publish significant works that inform managers across the globe.

ACCESS TO SCHOLARSHIPS

STUDENT SUPPORT We want to help you make a smooth transition to uni life. The Commerce Student Centre is the first stop for everything you need, including course advice and administrative queries. Commerce students also have exclusive access to the Teaching and Learning Unit, so you can enjoy transitionto-Commerce activities, free maths consultations and a peer writing tutor program to help with your assignments.

In addition to University scholarships, there is a range of faculty scholarships available to Commerce students. In 2012, the Faculty of Business and Economics awarded over $1.5 million in scholarships to commencing students. In many cases, you are automatically considered for scholarships when you apply for the degree.

As well as excellent University-wide facilities, Commerce students enjoy access to the specialist Giblin Eunson Library and the Business and Economics Careers Centre. A dedicated Student Experience team is also on hand to help you make the most of your degree.

Additional scholarships and prizes are also available to current Bachelor of Commerce students.

Going to uni isn’t just about lectures and assignments. As a Commerce student, you will have access to a range of extracurricular activities designed to extend learning beyond the classroom and help you apply what you learn in the real world. See page 5 for more information.

For more information on scholarships see page 20.

UNIQUE STUDENT EXPERIENCE

I had the time of my life at Melbourne “Choosing to study Commerce at Melbourne was a no-brainer. Quite simply, the University is in a league of its own. I was attracted to its global reputation, amazing academic staff, incredible facilities and graduate outcomes. Melbourne met and exceeded all these criteria.” Maya Dagan Marketing and Communications Graduate Program, Commonwealth Bank of Australia Bachelor of Commerce graduate

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Bachelor of Commerce The Bachelor of Commerce is an ideal pathway to a professional career. Employment opportunities span the globe in a variety of industries including the business, government and not-for-profit sectors.

QUICK FACTS

WHAT DO I STUDY? First year ■■

Duration 3 years full time Part time available Q Fourth year honours available Campus Parkville Contact hours (first year) Approximately 12 hours per week.W

MORE INFO Entry requirements See page 22 for details 13 MELB (13 6352) 13MELB@unimelb.edu.au www.bcom.unimelb.edu.au www.facebook.com/ BComUniMelb www.bcom.unimelb.edu.au/ further/brochures.html

COURSE DESCRIPTION The Bachelor of Commerce consists of 24 subjects, usually taken over three years of full-time study. You will take compulsory, core and breadth subjects, and must complete at least one major. Depending on your subject choices, and with careful planning, you may be able to complete a double major.

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See pages 6–12 for more information.

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Three subjects from the core program

GET AN EDGE WITH BREADTH

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Two breadth subjects

We know that employers look for graduates who are adaptable and bring unique skills and knowledge to the workplace. Through breadth, you can take subjects from outside your core study area, allowing you to gain knowledge and understanding across a broader range of disciplines. You will develop insight, experience and new ways of thinking in areas outside of the main fields of study in your degree.

Second year ■■

Fee type Commonwealth Supported Place International fee place Q Part-time study is not available to most international students due to visa restrictions. W Based on full-time study load.

Three compulsory subjects: Introductory Microeconomics, Introductory Macroeconomics and Quantitative Methods 1

The Bachelor of Commerce offers seven majors: Accounting, Actuarial Studies, Business, Economics, Finance, Management and Marketing.

Two compulsory subjects: Organisational Behaviour and one of: Quantitative Methods 2, Introductory Econometrics, Managerial Decision Analysis or Market Research

You are normally required to choose a major at the beginning of second year. If you are intending to study Accounting or Actuarial Studies, you will need to take specific subjects from first year to meet accreditation requirements.

Third year ■■

At least three level-3 (third-year) subjects from within your major

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At least one level-3 breadth subject

For more information about the course structure, go to: www.bcom.unimelb.edu.au/about/ course-structure.html

SPECIALISE THROUGH YOUR MAJOR A major is a sequence of subjects that you complete throughout your degree. Completing a major indicates that you are a specialist in that particular discipline.

http://breadth.unimelb.edu.au

Breadth tracks A breadth track is a set of three or more subjects that progressively develops knowledge and skills relevant to a particular theme, topic or issue. Breadth tracks are not compulsory, but they can help you identify coherent groups of breadth subjects so you can gain the maximum benefit from your breadth component.

HONOURS Honours is an additional (fourth) year of specialised study in one or two Commerce areas. Honours will help you develop research skills, build professional skills and gain in-depth knowledge of your discipline.

Bachelor of Commerce 24 SUBJECTS (8 PER YEAR)

COMPULSORY SUBJECTS

CORE SUBJECTS

BREADTH SUBJECTS

5 subjects to cover Commerce fundamentals

11–15 subjects to deepen your Commerce knowledge

4–8 subjects from other disciplines


The Commerce student experience Student experience

Going to university isnt just about lectures, tutorials and assignments. As a Commerce student, you will have access to a wide variety of extracurricular activities designed to complement your degree and give you the opportunity to apply what you learn in a real-world setting. www.bcom.unimelb.edu.au/experience ACADEMIC ENRICHMENT AND ORIENTATION University life can be challenging, especially for new students, so we provide you with transition, orientation and other programs to help you adjust to university life. Services for Commerce students include: ■■

Transition to Commerce (T2C)

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Peer-Assisted Study Scheme (PASS)

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Peer Maths Tutor Program

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Peer Writing Tutor Program

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First-Year Peer Mentoring Program.

You will also have access to specialist staff in the Teaching and Learning Unit, located in the Faculty of Business and Economics, to assist in achieving your academic goals.

COMMUNITY, LEADERSHIP AND VOLUNTEERING OPPORTUNITIES There are many opportunities for you to build your leadership skills, engage in community activities and volunteer for organisations or social causes. Participation develops your communication skills, broadens your social and professional networks and shows you other ways to use what you learn in class. You can add value to your degree by participating in: ■■

Student clubs and societies

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The Student Ambassador Leadership Program (SALP)

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Community volunteering

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The Duke of Edinburgh’s Award

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The Orientation Host Program.

STUDY OVERSEAS Studying overseas is a great way to immerse yourself in a different social, cultural and intellectual environment. International programs open your perspective to global issues, increase international learning and add diversity to your degree.

Get involved in these opportunities: ■■

comMExchange network

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Student exchange and study abroad programs

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Global Issues Program

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Universitas 21 (U21) Summer School and Undergraduate Research Conference

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Global Consulting Project

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International Accounting Study Program.

PROFESSIONAL ENHANCEMENT You won’t be a student forever, so we give you opportunities to develop your professional skills before you officially join the workforce. You can identify your career goals, work on professional development plans, build your network, meet industry leaders and set yourself up for the career of your dreams. Options to enhance your professional skills include: ■■

Capstone studies

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Case study competitions

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Career development opportunities

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Career Mentoring Program

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Next Steps Commerce Program

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First Year Leadership Forum

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Future Leaders Forum

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Professional memberships.

Get involved and be inspired! “I really enjoyed studying at Melbourne because of the many

amazing trips, case competitions, career programs, clubs and teams for students to get involved in. The more I put my hand up, the more exciting my experience became! The people I met because of these opportunities were so inspiring.” Giulia Mastroianni Associate, LEK Consulting Bachelor of Commerce (Honours) graduate

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Commerce majors The flexibility of the Bachelor of Commerce means you can experience a variety of business disciplines before you have to choose a major. You can wait until the beginning of second year to choose a major, or you can start to focus on a particular discipline from the beginning of your degree. Depending on your subject choices, you might even have the option of choosing a second major. The options available are outlined in the table below. First major

Second major (optional)

Business

Not available

Accounting (including accreditation)

Economics

Actuarial Studies (including accreditation)

Not available

Economics

Finance

Management

Marketing

Accounting

Finance

Management

Marketing

Finance

Accounting

Economics

Management

Marketing

Management

Accounting

Economics

Finance

Marketing

Marketing

Accounting

Economics

Finance

Management

Business If you would like to take subjects from more than one field of study, you can do so by completing a Business major. The Business major combines subjects from several disciplines. It is a flexible major that allows you to design a course plan that suits your career goals and interests. The Business major consists of six level-3 (third year) subjects from three or more study areas within the core program. Business skills are essential in all industries, and a multidisciplinary approach to problem solving is desirable to employers.

WHY STUDY BUSINESS? As a result of their multidisciplinary training, business graduates enjoy a variety of career prospects in many industries. You’ll enter the industry with skills that can be applied across diverse sectors, making you versatile, flexible and highly employable. These skills include: ■■

Oral and written communication skills

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Ability to critically analyse and synthesise information

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Problem-solving skills

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Practice operating in teams

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Ability to work independently and take responsibility for your learning.

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CAREER OUTCOMES The disciplines you study will have some effect on your future career path. A strong Marketing focus may lead to a career as a marketing professional, and a combination of

Finance and Management subjects may lead to work in the banking industry. Your training may suit organisations interested in a variety of disciplines, such as management consulting and professional services firms.

SAMPLE COURSE PLAN – BACHELOR OF COMMERCE  Q Major in Business This course plan includes a sample breadth track in Property, leading to the two-year Master of Property. Semester 1

Introductory Principles of Microeconomics Marketing

Finance 1

Owned Environments

Semester 2

Introductory Quantitative Macroeconomics Methods 1

Managing and Leading Organisations

Construction Industry Studies/ Property

Semester 1

Organisational Behaviour

Project Management

Business in Asia

Principles of Property

Semester 2

Quantitative Methods 2

Business Finance

Entrepreneurial Marketing

Principles of Property Valuation

Semester 1

Investments

Marketing and Society

International Corporate Governance

Property Resource Analysis

Semester 2

Corporate Finance

Advertising and Promotions

Managing Strategic Change

Property Management

Year 1

Year 2

Year 3

Compulsory subjects

Major subjects

Breadth studies 

Q This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.


Accounting The ability to interpret information is crucial, because numerous stakeholders need to know how organisations perform. Accounting studies will help you understand the financial structure of organisations, and teach you to produce and analyse financial information. Accounting leads to a career path with countless possibilities. Accountants work in every area of business and are in demand in many industries, across many countries.

WHY STUDY ACCOUNTING? Australia is experiencing a shortage of accountants, and as result, professionally qualified, accredited accountants are in high demand. Accountants deal with taxation, auditing, resources allocation, financial health, general management and strategic goal setting. Accountancy ranks second in the top 10 occupations expected to provide the largest number of new jobs over the next five years.Q

ACCOUNTING AT MELBOURNE The University of Melbourne is ranked number 1 in the Asia-Pacific region and number 14 in the world for Accounting.W Melbourne Accounting graduates are recognised for their excellent training, outstanding analytical and problem-solving skills, and adaptability.

PROFESSIONAL RECOGNITION

CAREER OUTCOMES

Melbourne Commerce graduates with a major in Accounting are eligible to apply for associate membership of these associations:

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Accounting practices including the ‘Big Four’ (KPMG, Ernst & Young, PricewaterhouseCoopers and Deloitte)

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Corporations

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CPA Australia

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Institute of Chartered Accountants in Australia

Small and medium-sized businesses (SMEs)

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Government

Institute of Public Accountants.

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Not-for-profit organisations

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To practise as a professional accountant in Australia, graduates must first become a member of one of these professional accounting bodies. Each body has individual requirements to obtain full membership. SAMPLE COURSE PLAN – BACHELOR OF COMMERCE E Double major in Accounting and Finance

This course plan includes a sample breadth track in Climate Change. This sample course plan demonstrates a double major in Accounting and Finance that meets accounting accreditation requirements for the accounting profession. This course plan also meets honours entry requirements for either Accounting or Finance. Semester 1

Introductory Microeconomics R

Quantitative Methods 1 R

Accounting Reports and Analysis R

Principles of Business Law R

Semester 2

Introductory Macroeconomics R

Accounting Processes and Analysis R

Accounting Transactions and Analysis R

Introduction to Climate Change

Semester 1

Organisational Behaviour R

Quantitative Methods 2 R

Corporate Law R

Climate Change 2

Semester 2

Business Finance R

Intermediate Financial Accounting R

Cost Management R

Climate Change 3

Semester 1

Enterprise Performance Management R

Financial Accounting R

Corporate Finance

Entrepreneurial Finance

Semester 2

Auditing and Assurance Services R

Derivative Securities

Investments

Taxation Law R

Year 1

Year 2

Year 3

Compulsory subjects Major subjects: Accounting Major subjects: Finance Breadth studies Q Australian Jobs 2010, Department of Education, Employment and Workplace Relations W QS World University Rankings by Subject 2011 E This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment. R Subjects required for accounting accreditation.

A well-rounded business education “My classes have been challenging and intellectually stimulating, but

fun and interactive as well. I’ve been extremely fortunate to make many great friends and work with amazing people throughout my degree.” Andrew Williams Bachelor of Commerce (Honours) Majors in Accounting and Finance

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Commerce majors

Organisations use accounting to demonstrate performance to external parties, and managers use accounting to understand the workings within an organisation.


Actuarial Studies Actuaries assess, evaluate and manage the financial risks faced by individuals, organisations and governments for future planning. The risks assessed by actuaries include illness, disability and death, the effects of natural disasters such as cyclones and earthquakes, and major economic or social change. If you choose to major in Actuarial Studies you will have a firm grounding in the traditional actuarial skill set of mathematics, statistics, demography, finance and economics.

WHY STUDY ACTUARIAL STUDIES? Actuarial graduates have specialist knowledge that is vital to a range of industries. For this reason, actuaries have a high earning potential, with an average starting salary of $60 000 a year – $15 000 higher than the national average for business graduates. Newly qualified actuaries can earn up to $95 000–$110 000 per annum, with salaries increasing at least $11 000 per year for several years. Actuaries with 10 years of experience earn around $200 000 per annum.R

To qualify as an actuary, you must pass (or be exempt from) three parts of the professional accreditation as prescribed by the IAAust. The first two parts can be undertaken as part of the Bachelor of Commerce (Honours) degree. Part III of the professional accreditation is administered by IAAust. Overseas actuarial bodies recognise the IAAust qualification, subject to supplementary training. Partial recognition is available for exams passed (or obtained through exemptions) under the IAAust.

PROFESSIONAL RECOGNITION The Centre for Actuarial Studies is fully accredited by IAAust, the professional actuarial body in Australia. As a result, you can obtain exemptions from Parts I and II of the IAAust professional exams.

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Banking and finance

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Capital and risk management

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Financial planning

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Financial reporting and performance management

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General insurance

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Health insurance

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Investments and asset management

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Life insurance: product pricing, design and distribution

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Superannuation

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Valuation of insurance liabilities and financial instruments

SAMPLE COURSE PLAN – BACHELOR OF COMMERCE Q Major in Actuarial Studies This course plan includes a sample breadth track in French. This sample course plan demonstrates a major in Actuarial Studies that meet honours entry and professional accreditation requirements. Students majoring in Actuarial Studies who intend to pursue full professional accreditation cannot complete a double major. Semester 1

Introductory Microeconomics

Accounting Reports and Analysis 

Accelerated French 1 Mathematics 1 E

Semester 2

Introductory Macroeconomics

Accounting Transactions and Analysis 

Introduction Accelerated to Actuarial Mathematics 2 E Studies 

Semester 1

Organisational Behaviour

Probability

Financial Mathematics 1

Business Finance 

Semester 2

Intermediate Macroeconomics 

Statistics

Financial Mathematics 2

French 2

Semester 1

Actuarial Modelling 1

Actuarial Modelling 2

Financial Mathematics 3

French 3

Semester 2

Contingencies (double subject)

Actuarial Statistics 

Models for Insurance and Finance 

Year 1

ACTUARIAL STUDIES AT MELBOURNE The University of Melbourne is your only choice for Actuarial Studies in Victoria. The Centre for Actuarial Studies is the only teaching unit in the state with full accreditation from the Actuaries Institute Australia (IAAust), and is one of only five fully accredited institutions in the country.

CAREER OUTCOMES

Year 2

Year 3

Compulsory subjects

Major subjects

Breadth studies W

Q This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment. All subjects in this plan besides French 1, 2 and 3 are required for actuarial accreditation. W This sample course plan includes five breadth studies subjects. One of these subjects can be taken as a Commerce elective. E These subjects must be taken as breadth to satisfy the requirements for actuarial accreditation. R The Age, 24 April 2010.

Different to high school – in a good way! “The lectures and tutorials in my course are quite comprehensive,

and after class I spend time doing research or discussing with my classmates. It’s challenging, but so rewarding – especially when you earn good marks!” Qiaojun Luo China Bachelor of Commerce (Honours) Major in Actuarial Studies

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Economics Many students choose Economics to gain an informed perspective on the workings of interest rates and exchange rates, the effect of government policy on poverty and environmental problems, the nature of business competition, and the effects of globalisation on the Australian economy. You can study Economics to become a professional economist, to develop skills complementary to other disciplines, or to gain a better understanding of the role economics plays in our lives and in society.

WHY STUDY ECONOMICS? Highly skilled economists are in demand across industries. As such, Economics graduates earn a salary in the top 10 per cent of the scale across Australia. The average weekly salary for an economist is double the national average for all jobs.Q Professional economists work in many types of roles in academia, government and the private sector.

ECONOMICS AT MELBOURNE The University of Melbourne is ranked equal first in the Asia-Pacific region and first in Australia for Economics and Econometrics.W Melbourne-trained economists are highly regarded not only in the country but around the world.

CAREER OUTCOMES ■■

Positions in government

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Merchant and trading banks, investment firms, stockbroking and insurance companies

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Transport, communications, mining, retail, manufacturing

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Economic consulting and political analysis

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Industry associations and trade unions

This course plan includes a sample breadth track in Mathematics for Economics. Semester 1

Introductory Microeconomics

Managing and Leading Organisations

Finance 1

Calculus 1

Semester 2

Introductory Macroeconomics

Principles of Marketing

Calculus 2

Linear Algebra

Semester 1

Organisational Behaviour

Business Finance

Intermediate Probability for Microeconomics Statistics R

Semester 2

Intermediate Macroeconomics

Competition and Strategy

Discrete Maths and Operations Research

Statistics R

Semester 1

Microeconomics Econometrics

Derivative Securities

Investments

Semester 2

Macroeconomics

Corporate Finance

Decision Making

Year 2

Year 3

Industrial Economics

Compulsory subjects Major subjects: Economics Elective subjects Breadth studies

Engaging and interesting “All of the students here

have been incredibly welcoming and I have made lots of new friends. I enjoy all of my classes because my lecturers are engaging and I find the content really interesting.”

SAMPLE COURSE PLAN – BACHELOR OF COMMERCE E Double major in Economics and Finance

Year 1

Tab or section Commerce majors heading

Economists seek to understand, assess and explain the mechanisms of markets and national economies. Studying economics develops problem-solving and data analysis skills for use in both business and government.

Dylan Gardner Bachelor of Commerce Majors in Economics and Finance

Major subjects: Finance

Q Department of Education, Employment and Workplace Relations 2011 W QS World University Rankings by Subject 2011 E This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment. R Students intending to follow this course plan must complete these subjects to fulfil quantitative requirements.

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Finance Finance professionals are concerned with the management of assets to create wealth for investors or companies. Finance examines how individuals, businesses and institutions raise funds to implement investment strategies, and how they allocate these funds to a variety of investment opportunities. The Finance major covers capital markets and financial institutions, investments and financial planning, and corporate finance. You will also have the option to study personal finance and real estate finance.

WHY STUDY FINANCE? Finance and insurance services are among the top 10 industries with the largest projected employment growth over the next five years. Current demand for finance professionals is attributed to the fallout from the global financial crisis, as the international economy recovers and regulators seek to establish rules to prevent another recession. Finance is a young industry – workers aged 25 to 44 are the main drivers of job growth, presenting excellent opportunities for recent graduates.Q

FINANCE AT MELBOURNE

CAREER OUTCOMES

The University of Melbourne is ranked first in the Asia-Pacific region and first in Australia for Finance.W We are also a Program Partner of the CFA Institute, the global association for investment professionals that awards the prestigious Chartered Financial Analyst® (CFA®) designation. Recognition as a CFA Program Partner means that the Bachelor of Commerce major in Finance is closely tied to professional practice and is well suited to preparing students to sit for the CFA exams.

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Financial planning and advising for individual investors

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Funds management

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Retail, commercial and investment banking

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Financial analysis

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Corporate finance

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Treasury management

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Trading and dealing

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Management consulting

SAMPLE COURSE PLAN – BACHELOR OF COMMERCE E Major in Finance This course plan includes a breadth sequence in Civil Systems that leads to the two-year Master of Engineering (Civil). Semester 1

Introductory Microeconomics

Finance 1

Managing and Leading Organisations

Calculus 2 R

Semester 2

Introductory Macroeconomics

Quantitative Methods 1

Engineering Systems Design 2

Linear Algebra

Semester 1

Organisational Behaviour

Quantitative Methods 2

Project Management

Engineering Mathematics

Semester 2

Business Finance

Managing the Multinational

Engineering Mechanics

Engineering Materials

Semester 1

Derivative Securities

Investments

Supply Chain Management

Fluid Mechanics and Thermodynamics

Semester 2

Corporate Finance

Business Consulting

Earth Processes for Engineering

Structural Theory and Design

Year 1

Year 2

Year 3

Compulsory subjects

Major subjects

Elective subjects

Breadth studies 

Q Department of Education, Employment and Workplace Relations 2010 W QS World University Rankings by Subject 2011 E This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment. R Students who have not completed VCE Specialist Mathematics should consult with a student adviser about which mathematics to take.

Creating my own path “I really enjoyed the flexibility to make your own path in Commerce.

Not only are you able to choose a major, you can also choose subjects that will suit your interests. The wide range of student experiences complement our training and allow us to develop useful, specific business skills.” Lizzie Reid Colonial First State Graduate Program Bachelor of Commerce graduate

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Management is more than the leadership and control exercised by senior executives. Management skills are practised by people in all roles and are valuable at every stage of your career. Effective management enables businesses and organisations to achieve their goals. Regardless of your primary profession, you will probably take on management responsibilities at some point, usually sooner rather than later. Studying management equips you with the leadership, analysis, planning and decision-making skills needed to succeed from day one. Key management responsibilities include: ■■

Providing direction through leadership, strategic planning and decision making

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Recruiting, training and managing staff, and developing the capabilities of the organisation

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Developing efficiency, quality and innovation in operations in a global context.

you to combine management studies with a major in another functional area, improving job prospects for graduates. While studying, you’ll enjoy industry exposure through a variety of capstone opportunities in Melbourne and abroad, exposing you to management practice in the real world.

CAREER OUTCOMES

Melbourne Commerce students can choose to develop expertise in a variety of fields, including business management, human resource management, international business and operations management. The degree is extremely flexible and allows

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Operations and supply chain management

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Business process improvement and quality assurance

Management consulting

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Project management

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Roles in government and not-forprofit organisations

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Organisational development and change

SAMPLE COURSE PLAN – BACHELOR OF COMMERCE W Double major in Management and Economics This course plan includes a sample breadth track in Choral Performance.

WHY STUDY MANAGEMENT?

MANAGEMENT AT MELBOURNE

Human resources roles spanning remuneration and benefits, recruitment, employee and industrial relations, training and development; occupational health and safety; and equity and diversity management

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Semester 1

Introductory Microeconomics

Quantitative Methods 1

Principles of Marketing

Choir 1

Semester 2

Introductory Macroeconomics

Managing and Leading Organisations

Finance 1

Reshaping Environments

Semester 1

Organisational Behaviour

Introductory Econometrics

Intermediate Microeconomics

World Music Choir 3

Semester 2

Managing the Multinational

Human Resource Management

Intermediate Macroeconomics

Globalisation and the World Economy

Semester 1

Managing Basic Entrepreneurship Econometrics and Innovation

Microeconomics

Early Voices Ensemble 5

Semester 2

International Human Resource Management

Macroeconomics

Economics of Financial Markets

Year 1 Management and leadership skills are often required for career progression and are vital in many professional roles. There is strong demand across sectors for capable management – over the five years to November 2010, employment growth for managers increased by 15 per cent. Q

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Year 2

Year 3

Strategic Management

Compulsory subjects Major subjects: Management Elective subjects Breadth studies 

Major subjects: Economics

Q Department of Education, Employment and Workplace Relations 2010 W This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.

I’m happy I chose Melbourne “Students here are provided with many tools and support for their study, together with excellent academic staff. All my lecturers are amazing and my tutors are very dedicated. I especially enjoy the tutorials, where you get to apply all of the abstract concepts discussed in lectures.” Helene Duchamp France Bachelor of Commerce Major in Management

11

Tab or section Commerce majors heading

Management


Marketing Marketing enables organisations to respond to market needs and maximise profitability. Marketing is essential to the health of any profitable enterprise, whether in the public or private sector. All organisations engage in marketing activities and must decide on a marketing mix that suits them best. The Marketing major will provide you with the tools and skills you need to build relationships with your audience. It offers strategies that help you understand your customers and successfully target their needs. Marketing studies offer vital skills and knowledge to underpin your career growth, whatever path you choose to take. Key marketing responsibilities include:

MARKETING AT MELBOURNE

CAREER OUTCOMES

Our teaching spans the breadth of marketing education, including advertising, product and brand management, strategic marketing, market research, relationship marketing, global marketing, electronic marketing and buyer behaviour. Throughout the degree, students enjoy sustained industry exposure including free student membership of the Australian Marketing Institute, the largest professional body for Australian marketing practitioners.

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Marketing service agencies, including advertising and media buying

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Fast-moving consumer goods industries

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Services including financial services, tourism, hospitality, professional services and telecommunications

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The not-for-profit sector

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Government

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Market research

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Events and public relations

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Marketing communications

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Identifying goods and services that customers desire

SAMPLE COURSE PLAN – BACHELOR OF COMMERCE Q Major in Marketing

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Positioning organisations strategically in the market to meet customer needs and wants

This course plan includes a breadth sequence in Psychology that satisfies requirements for entry into the Postgraduate Diploma in Psychology (APAC-accredited sequence).

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Determining the best ways to advertise, price and distribute goods and services.

Introductory Microeconomics

Quantitative Methods 1

Managing and Leading Organisations

Mind, Brain and Behaviour 1

Semester 2

Introductory Macroeconomics

Principles of Marketing

Finance 1

Mind, Brain and Behaviour 2

Semester 1

Organisational Behaviour

Quantitative Methods 2

Consumer Behaviour

Biological Psychology

Semester 2

Business Communication

Strategic Marketing

Personality and Social Psychology

Cognitive Psychology

Semester 1

Product Management

Service and Relationship Marketing

Retail Management

Developmental Psychology

Semester 2

Neuromarketing

Business Consulting

Psychological Science

Organisational Psychology

Year 1

WHY STUDY MARKETING? Marketing is among the most frequently reported professions by business graduates across a range of industries. Employment is expected to grow very strongly to 2014–15 for marketing practitioners, as businesses diversify and marketing tools become more sophisticated. Knowledge of marketing is important for both marketing professionals and generalist managers who need to be involved in making decisions about marketing strategy for their organisation.

Semester 1

Year 2

Year 3

Compulsory subjects

Major subjects

Elective subjects

Breadth studies

Q This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.

I will always value my Melbourne education “I chose Commerce at Melbourne after looking at the interesting

and practical subjects on offer, all of which would be applicable in the real world. I liked the idea of gaining a range of technical skills that would lead to exciting careers in almost any industry.” Jessica Bradley Senior Adviser – Business Performance Services, KPMG Bachelor of Commerce (Honours) graduate

12


Breadth sequences Tab or section Breadth sequences heading

Engineering The Melbourne School of Engineering is the oldest and highest-ranked engineering and technology school in Australia.

To become a professionally accredited engineer, you’ll complete a three-year bachelors degree with an engineering major or sequence, which will allow you to apply for the two-year Master of Engineering.W You can use your breadth component in the Bachelor of Commerce to complete an engineering sequence, leading to the Master of Engineering.If you select this option, you will study engineering foundation subjects from your first year. You will then confirm a specialisation in your second year, which will be your focus through to the Master of Engineering. The Master of Engineering is the first degree in Australia to be accredited under the EUR-ACE® label, meaning graduates can work in Europe. It has also been awarded professional accreditation Q by Engineers Australia, a signatory to the Washington Accord, which allows graduates to work as professional engineers in 12 of the world’s leading economies including the US, UK, Canada and Singapore. If you are enrolling in engineering sequences other than Computing, we strongly recommend you take VCE Specialist Mathematics Units 3 and 4, or equivalent. Commerce students pursuing professional accreditation in Accounting or Actuarial Studies cannot complete an Engineering breadth sequence. See the sample course plan on page 10. Q Provisional accreditation granted by Engineers Australia in May 2009. Full accreditation will occur when the first students graduate from the program in 2012.

The Master of Engineering is designed to produce graduate engineers with outstanding personal and professional qualities. By studying the Master of Engineering, you will gain technical expertise, industry exposure and professional accreditation, giving you insight into the social, environmental and economic aspects of real-world engineering problem solving.

Career outcomes There is a critical worldwide shortage of engineers, and a demand for new kinds of engineering jobs to tackle new environmental and technological challenges. Qualified engineers are in demand and command high salaries. As a Master of Engineering graduate, you will enter the profession at an advanced level, armed with a unique skill set of business, technical, analytical

MORE INFO www.eng.unimelb.edu.au www.twitter.com/engunimelb http://themelbourneengineer. eng.unimelb.edu.au

and interpersonal skills. This makes you an ideal candidate for a career in engineering, business, government, research and management.

Scholarships The Master of Engineering is supported by a generous scholarship program for domestic and international students. www.eng.unimelb.edu.au/study/ scholarships.html

HOW TO STUDY ENGINEERING – SCHOOL LEAVERS OF COMMERCE with Engineering Step 1: BACHELOR  sequence breadth 3 YEARS

Commerce and engineering are a strong combination. The Bachelor of Commerce with an engineering pathway, followed by the Master of Engineering, is an excellent way to maximise the benefit of your studies in these two complementary disciplines. Our distinctive engineering program recognises the evolving needs of industry and students.

MASTER OF ENGINEERING

Subject sequences in the following Engineering areas: Bioengineering Systems Computing Chemical Systems Electrical Systems Civil Systems Mechanical Systems. Engineering can also be studied through the Bachelor of Biomedicine, Environments or Science. For more information visit: www.eng.unimelb.edu.au

Step 2: MASTER OF ENGINEERING 2 YEARSW

ENGINEERING THROUGH THE BACHELOR OF COMMERCE

Streams available for Commerce graduates: Biomedical Mechanical Biomolecular Software Chemical Structural. Civil Electrical Environmental The major/sequence taken in your undergraduate degree determines which masters streams you can complete.

EMPLOYMENT

W Students will undertake a 2.5-year Master of Engineering if they study Bioengineering Systems or Chemical Systems in the Bachelor of Commerce.

EMPLOYMENT AS A PROFESSIONAL (ACCREDITED) ENGINEER

13


Property and Construction Property and construction professionals are tied closely to real-world issues, and increasingly to commercial and financial interests.

■■

Project management

■■

Valuation

■■

Property market analysis

■■

Construction cost management.

See the sample course plan on page 6.

FURTHER STUDY IN PROPERTY AND CONSTRUCTION To become a registered property or construction professional in Australia you must complete further study. The Property and Construction breadth tracks offer you an approved pathway to apply for one of the following professionally accredited two-year masters programs: ■■

■■

Master of Construction Management (via the breadth track in Construction)

OF COMMERCE with Property or Step 1: BACHELOR  Construction breadth sequence 3 YEARS

These breadth tracks will give you vital skills in the following areas:

HOW TO STUDY PROPERTY AND CONSTRUCTION – SCHOOL LEAVERS

Subject sequences in the following areas: Property Construction

Step 2: FURTHER STUDY

EMPLOYMENT

Master of Property Master of Construction Management

2 YEARS

As a Bachelor of Commerce student you can choose from two approved breadth tracks in Property or Construction.Q Studying in the built environment offers you the opportunity to learn distinct analysis and management tools to complement your future career.

The breadth sequence taken in your undergraduate degree determines which masters program you can take. Pathways to further study in Property and Construction are also available through other degrees. For more information, visit: www.msd.unimelb.edu.au

EMPLOYMENT AS A REGISTERED PROPERTY OR CONSTRUCTION PROFESSIONAL Q Students pursuing professional accreditation in Accounting or Actuarial Studies cannot complete the required breadth sequence due to subject requirements of their chosen discipline.

Master of Property (via the breadth track in Property).

You must enrol in the required breadth studies subjects from the first year of your degree to satisfy the prerequisites for the Master of Construction Management or the Master of Property.

Discovering a new career path “It was through my property breadth subjects that I came to

understand the range of employment opportunities available in the industry. This ultimately led me to enrol in the Master of Property.” Matthew Allen Bachelor of Commerce graduate Master of Property

14


Psychology www.psych.unimelb.edu.au/courses/undergraduate

You do not need additional prerequisites to study Psychology subjects in first year, once you meet the entry requirements for the Bachelor of Commerce. See the sample course plan on page 12.

FURTHER STUDY IN PSYCHOLOGY In order to register as a psychologist in Australia, you must complete a fouryear accredited undergraduate program in Psychology, followed by at least two years of professionally accredited training at masters level such as the Master of Psychology at Melbourne, or two years of supervised practice with a registered psychologist. When you complete the Bachelor of Commerce with the APAC-accredited Psychology breadth sequence, your fourth year will be the Postgraduate Diploma in Psychology, which is accredited by the Australian Psychology Accreditation Council (APAC).

students interested in academic careers as well as professional training. The combined program is four years full time, but part-time study is also offered. The APAC-accredited sequence may not be possible in all Bachelor of Commerce streams.

HOW TO STUDY PSYCHOLOGY – SCHOOL LEAVERS OF COMMERCE with Psychology Step 1: BACHELOR  accredited major sequence 3 YEARS

If you want to major in Psychology, you can complete an Australian Psychology Accreditation Council (APAC) accredited sequence of 125 credit points of study. You can do this through the Bachelor of Arts, Science or Commerce. The Psychology major develops a wide understanding of psychology, with a sequential development of knowledge in the area, including advanced subjects in third year.

The Master of Psychology at Melbourne is a two-year program that provides graduates with the skills to work as professional clinical psychologists or neuropsychologists. Graduates are eligible for membership of the relevant College of the Australian Psychological Society. We also offer a combined Master of Psychology/PhD program for

Psychology can also be studied through the Bachelor of Arts or Science. For more information, visit: www.psych.unimelb.edu.au

OR A POSTGRADUATE DIPLOMA Step 2: HONOURS IN PSYCHOLOGY

1 YEAR

At Melbourne, psychology is not offered as an independent undergraduate degree. Instead you study psychology either as an accredited sequence of subjects, or as breadth.

MASTER OF PSYCHOLOGY

Honours Complete an additional fourth-year program, which can be undertaken through an Arts or Science honours degree. OR Postgraduate Diploma in Psychology A fourth-year program equivalent to honours for students who have completed a three-year major sequence of psychology studies. If you did not major in Psychology in your undergraduate degree you must complete the Graduate Diploma in Psychology (1 year full-time or 3 years part-time additional study) before undertaking the Postgraduate Diploma.

Step 3: MASTER OF PSYCHOLOGY 2 YEARS

HOW TO STUDY PSYCHOLOGY AT MELBOURNE

Choose the Master of Psychology specialising in Clinical Psychology or Neuropsychology OR The combined Master of Psychology/PhD (four years).

BECOME AN ACCREDITED PSYCHOLOGIST IN AUSTRALIA

15

Breadth sequences

Psychology is concerned with the study of the human mind and behaviour. If you like the idea of working with people and are interested in how people think, feel and behave, a career in psychology is a great choice.


Career outcomes Melbourne Commerce graduates enjoy excellent career outcomes including higher starting salaries, outstanding job satisfaction and exceptional employment rates.

Our graduates are known for their solid understanding of business issues and processes, problem solving skills and leadership skills. As a Melbourne Commerce graduate, you will be highly sought after in a wide variety of professions in the public and private sectors, ranging from investment banking and accounting through to management consultancy and marketing.

Bachelor of Commerce graduate destinations by sector Q

Private sector: 90.0% Public sector: 9.5% Non-profit organistations: 0.5%

The table below presents employment outcomes for University of Melbourne 2010 Bachelor of Commerce graduates. As you can see, graduates of the University of Melbourne consistently outperformed the national average.

University of MelbourneW

NationalT

Working full time (%)E

Median salary ($AUD)R

Working full time (%)E

Median salary ($AUD)R

Accounting

79.1

48 000

74.8

45 000

Business studies

77.0

51 000

75.1

45 000

Economics

74.3

51 000

72.9

45 000

Field of education

Base population: Bachelor graduates (including bachelor pass, honours and undergraduate diplomas) who were permanent Australian residents and completed a course in 2010 with a first-mentioned field of study in accounting, business studies and economics.

I learned from internationally renowned leaders “I chose Melbourne because of its reputation around the world –

wherever I go I can be sure that my degree will give me an extra edge. My university experience has given me the confidence to face any challenge that comes my way.” Tian Yang Investment Analyst, Lion Capital Bachelor of Commerce graduate

Q University of Melbourne Graduate Destinations Survey 2009. W University of Melbourne Graduate Destinations Survey 2011. E These figures represent graduates who were working full time within four months of course completion, as a percentage of those available for full-time work. R Median annual salary shown for Australian permanent residents aged below 25 in their first full-time position and working in Australia. T GradStats, Graduate Careers Australia, December 2010.

16


Tab or section Career outcomes heading Bachelor of Commerce graduate destinations by industry Q Accounting Services

31.1%

Finance, Insurance Services Banks

13.1% 6.3%

Mining, Manufacturing, Utilities, Transport Services

5.8%

Management Consulting, Advertising

5.8%

Legal Services

5.1%

Property, Construction, Engineering Consulting Services

4.5%

Other Business, Scientific, Health, Professional Services

3.3%

Accommodation, Hospitality, Retail, Wholesale

3.0%

Computing, Telecommunications Services Education Other

As a Bachelor of Commerce student, you will have access to the University’s Careers and Employment service, which offers:

15.2%

Government, Defence

CAREERS AND EMPLOYMENT SERVICE

■■

The Careers Online database, which advertises current events and employment vacancies

■■

A comprehensive website and Careers Resource Centre

■■

A range of career development and work preparation seminars and workshops

■■

One-to-one résumé review and careers counselling appointments

■■

Weekly job email bulletins during semesters

■■

A coordinated approach to graduate and vacation recruitment programs, including liaising with employers

■■

International employment services

■■

Careers fairs and employer information sessions.

2.5% 1.8% 2.5%

Bachelor of Commerce graduate destinations by occupationQ Accountant, Auditor, Company Secretary

34.3%

Business, Management, Organisation, Information Analyst or Other Organisation Professional

18.9%

Finance Professional

11.6%

Science, Computing, Engineering Professional

8.8%

Actuary, Mathematician, Statistician, Economist

7.8%

Advertising, Sales, Marketing Manager or Professional

5.3%

Legal Professional

4.8%

MORE INFO

Office, Clerical Worker

2.8%

www.bcom.unimelb.edu.au/ about/careers.html

Hospitality, Sales, Retail Worker

2.5%

www.careers.unimelb.edu.au

Other Professional Other

2.0%

www.graduatecareers.com.au

1.3%

17


Concurrent diplomas Concurrent diplomas offer you another way to follow your passion, and earn an additional qualification alongside your degree. Our diplomas give you many flexible options. You can study a diploma alongside your undergraduate degree, and add a further year of study. Or you can cross-credit some of the subjects in your undergraduate degree to your diploma, and take a fast track to completion (potentially completing the diploma in the same time it takes to complete the undergraduate degree).

DIPLOMA IN MATHEMATICAL SCIENCES

U21 DIPLOMA IN GLOBAL ISSUES

The Diploma in Mathematical Sciences enables you to gain a mathematics qualification while completing an undergraduate degree.

The U21 Diploma in Global Issues is ideal for students who are considering careers that require an international perspective.

Domestic students may be eligible to receive the final 50 points of the diploma HECS-free.

Available to:

DIPLOMA IN INFORMATICS

Available to:

The Diploma in Informatics will provide you with a range of IT tools and technologies that employers are looking for. It is designed to complement your core studies with fundamental programming skills. The diploma is accredited by the Australian Computer Society.

Students enrolled in Arts, Biomedicine, Commerce, Environments, Music and Science.W

Available to: Students enrolled in Arts, Biomedicine, Commerce, Environments, Music and Science (unless majoring in Computing and Software Systems or Informatics).Q

Prerequisites There are no additional prerequisite requirements once you are enrolled in your undergraduate degree. www.msi.unimelb.edu.au/study/ undergraduate/concurrentdiplomas

Prerequisites VCE Units 3/4 Mathematical Methods or equivalent. www.studentcentre.unimelb.edu. au/eastern/course_information/ concurrent_diplomas#math

DIPLOMA IN MUSIC (PRACTICAL) The Diploma in Music provides you with the opportunity to engage in individual instrumental or vocal tuition. It is specially designed for students who are interested in complementing their bachelors degree with advanced musical study.

Available to:

DIPLOMA IN LANGUAGES

Students enrolled in Arts, Biomedicine, Commerce, Environments and Science.

Languages available: Ancient Greek, Arabic, Chinese, French, German, Hebrew, Indonesian, Italian, Japanese, Latin, Russian and Spanish.

Prerequisites

Domestic students may be eligible to receive the final 50 points of the diploma HECS-free.

Available to: Students enrolled in Arts, Biomedicine, Commerce, Environments, Music and Science.

Prerequisites There are no additional entry requirements once you are enrolled in your undergraduate degree. www.languages.unimelb.edu.au

18

Entry is by audition, usually held in early February. www.conservatorium.unimelb.edu. au/dipmusprac

Q Bachelor of Biomedicine students cannot complete the diploma and the degree within the standard structure and timeframe. Consult your student adviser. W Bachelor of Science students who complete a major in Mathematics and Statistics or Mathematical Physics are not permitted to complete a Diploma in Mathematical Sciences. E This course is not registered on the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS) and cannot be offered to international students who require a student visa to study in Australia.

Students enrolled in an undergraduate degree at the University of Melbourne.E www.mobility.unimelb.edu.au/ outgoing/u21/gip

Prerequisites You must have completed at least 100 points of study at the time of applying, and obtained a weighted Grade Point Average (GPA) of at least H2B (70 per cent) across all subjects completed in your bachelors degree.


The Bachelor of Commerce (Chancellor’s Scholars Program) is an exciting opportunity for very high-achieving students. As a Chancellor’s Scholar, you are guaranteed a place in the graduate program of your choice, and participate in a program of enrichment activities during your undergraduate studies. www.chancellorscholars.unimelb.edu.au BENEFITS Scholarships ■■

Domestic students will receive a Melbourne National Scholarship, including:

No minimum GPA is required in your undergraduate degree, however you will be required to meet course prerequisites and other requirements for specific courses, such as an interview.

- A HECS-exempt Commonwealth Supported Place (CSP), and

Admission to the Chancellor’s Scholars – Copland Program

- An annual allowance of $5000 (for Victorian students), or

- An annual allowance of $10 000 and one return flight home (for interstate students).

■■

I nternational students will be considered for International Undergraduate Scholarships, ranging from full fee remission to $10 000 fee remission.

Commerce students selected into the Chancellor’s Scholars Program are automatically admitted into the Copland Program, which provides access to unique and exclusive opportunities such as individual mentoring by a senior Australian business leader, specialised faculty support throughout your degree and invitations to special facultysponsored events.

DID YOU KNOW? The University offers a wide range of other scholarships and bursaries. See page 20 for more information.

SELECTION CRITERIA Melbourne Global Scholars Award A $2500 grant to support an approved study abroad or exchange program during your undergraduate degree.Q

An internship or research opportunity Academic enhancement opportunities A guaranteed place in the graduate program of your choice Chancellor’s Scholars offered a Commonwealth Supported Place (CSP) will be guaranteed a CSP in the professional entry masters (coursework) degree of their choice,W subject to meeting course prerequisites. Chancellor’s Scholars offered an international fee place will be guaranteed an international fee place in the professional entry masters (coursework) degree of their choice,W subject to meeting course prerequisites.

You must complete an Australian Year 12 or the IB in Australia in 2012 or 2013 (you must either enrol immediately or be granted a deferral by the University in the year following Year 12). If you achieve an ATAR/notional ATAR of 99.90 or above and satisfy the undergraduate course prerequisites, you will be guaranteed a place in the Chancellor’s Scholars Program of your choice (Bachelor of Music applicants must meet the extra requirements). Students with an ATAR below 99.90 may be considered, depending on demand. Q Subject to exchange availability. Students must achieve a 65 per cent Grade Point Average during their university studies to qualify. W Some exclusions apply. For a list of applicable courses, go to: www. futurestudents.unimelb.edu.au/ chancellors-scholars

This guarantee includes the University’s flagship graduate degrees such as the Juris Doctor (Law) and Master of Architecture.

19

Chancellor’s Scholars Program

Chancellor’s Scholars Program


Scholarships There is a range of scholarship opportunities open to Bachelor of Commerce applicants, who are lucky to have access to one of Australia's most generous and comprehensive scholarship programs.

Some scholarships are offered through the University of Melbourne and others are offered by the Faculty of Business and Economics. While most scholarships do not require an additional application, each scholarship has its own eligibility criteria to consider. If you are interested in a scholarship, it is advisable to have a look at these criteria and any additional requirements you may need to submit.

CHANCELLOR’S SCHOLARS – COPLAND PROGRAM Students selected into the Chancellor’s Scholars Program are automatically admitted into the Copland Program. See page 19 for details.

UNIVERSITY OF MELBOURNE SCHOLARSHIPS The Melbourne Scholarships Program is one of the most comprehensive and generous scholarship programs in Australia. It recognises outstanding academic achievement and provides access to higher education to students who might otherwise be excluded by socioeconomic, cultural, geographic and other disadvantages. Visit our website for the most upto-date information on scholarships, including closing dates: www.unimelb.edu.au/scholarships Scholarships are also available through the University’s special entry access scheme, Access Melbourne. For more information, visit: www.access.unimelb.edu.au

20

FACULTY OF BUSINESS AND ECONOMICS SCHOLARSHIPS Thanks to the generosity of alumni and industry partners, and through the excellent work of the Melbourne Foundation for Business and Economics, the Faculty of Business and Economics is able to offer scholarships to local and international students commencing the Bachelor of Commerce. Subject prizes are also available to high-achieving Bachelor of Commerce students, so you can be rewarded for your hard work throughout the degree. Scholarships include: ■■

A.G. Whitlam Undergraduate Partner Scholarships

■■

Bachelor of Commerce Global Scholarship

■■

Commerce at International House Scholarship

■■

Commerce Opportunity Bursary

■■

First in the Family Scholarships

■■

International Merit Scholarships

The Bachelor of Commerce Global Scholarship is a new scholarship for commencing international students. It provides 10 per cent fee remission for the normal duration of the degree. To be eligible, students must be citizens of countries that are underrepresented in the Bachelor of Commerce. www.fbe.unimelb.edu.au/ scholarships/scholarships.html

A once-in-a-lifetime experience “Deciding to move 200 km

from home was difficult, but my scholarship put my worries to rest and helped me settle in to uni life. Now I have a wonderful network of friends and am inspired by the people I meet every day. I am incredibly grateful for this once-in-a-lifetime experience.” Dung Lam Bachelor of Commerce Commerce at International House Scholarship recipient


Completing a graduate qualification after your bachelors degree will set you up to become a leader in your field, and open up a wide range of career opportunities and increased earning potential. The University of Melbourne offers professional qualifications at masters level through our prestigious graduate schools. Our graduate programs offer intensive, focused study and professional knowledge – making you ‘job ready’ and preparing you for professional employment in Australia and abroad. Designed with the needs of internationally mobile graduates in mind, these qualifications are endorsed by the Australian Government as pathways to professional employment in Australia. Many are also recognised by professional bodies around the world. On graduation, you’ll be awarded a masters qualification in your chosen field. This is a higher level of qualification than you would gain studying a ‘double’ or ‘combined’ undergraduate bachelors degree at another university. People with graduate qualifications are more likely to enter professional and managerial positions than those with bachelors degrees only. They also earn an average of $21 200 more per annum than their bachelorsqualified colleagues.Q

GRADUATE STUDY IN BUSINESS AND ECONOMICS The Graduate School of Business and Economics offers a range of programs that offer career entry opportunities for recent graduates and specialist education for professionals. Programs are available in areas such as Accounting, Actuarial Studies, Business and IT, Economics, Finance, Business Management, Human Resource Management, International Business, and Marketing. The Bachelor of Commerce is the ideal pathway to a range of graduate degrees which build on your undergraduate learning and broaden your career opportunities. www.gsbe.unimelb.edu.au

GRADUATE COURSES IN OTHER FIELDS Graduate degrees outside of the Business and Economics field include: ■■

Executive Master of Arts

■■

Juris Doctor (Law)

■■

Master of Architecture

■■

Master of Energy Systems

■■

Master of Engineering

■■

Master of Information Systems

■■

Master of Journalism

■■

Master of Nursing Science

■■

Master of Psychology

■■

Master of Social Work

■■

Master of Teaching

■■

Master of Urban Planning.

DID YOU KNOW? Graduate Access Melbourne can increase your chances of getting into a graduate coursework degree and assist you in securing a Commonwealth Supported Place. You may also be considered for a bursary. www.gradaccess.unimelb. edu.au

For a full list of our graduate degrees visit: www.coursesearch.unimelb.edu.au

GUARANTEED ENTRY INTO GRADUATE DEGREES W Would you like to begin your undergraduate degree at Melbourne with the security of knowing a graduate place is reserved for you when you graduate? If you achieve an ATAR /notional ATAR of 99.90 and above you will be guaranteed a place in the graduate degree of your choice (subject to meeting the prerequisites of the graduate degree) upon completion of your undergraduate course. The guarantee applies to our professional entry masters degrees, including the University’s flagship graduate degrees such as the Juris Doctor (Law) and the Master of Architecture.E No minimum Grade Point Average (GPA) is required in the undergraduate degree. You will also be eligible to enrol in our Chancellor’s Scholars Program for your undergraduate study – see page 19. If you achieve an ATAR/notional ATAR of 96.00 to 99.85 you will be guaranteed a place in a range of professional entry masters qualifications E (subject to meeting the prerequisites), as long as you achieve a Grade Point Average (GPA) of 65 per cent or higher in your undergraduate degree. If you achieve an ATAR below 96.00 you may be eligible for a range of other guarantees. To see all your options, go to: www.futurestudents.unimelb.edu.au/guaranteed-entry W The guaranteed entry pathways above are available to domestic and international students who complete an Australian Year 12 or the International Baccalaureate (IB) Diploma in Australia in 2012 or 2013. Eligible students must enrol in a University of Melbourne undergraduate degree immediately following Year 12, or be granted a deferral by the University. E Some exclusions apply. See www.futurestudents.unimelb.edu.au/guaranteed-entry for the list of applicable courses.

Q Beyond Graduation 2010, Graduate Careers Australia

21

Graduate study

Graduate study


Entry requirements Bachelor of Commerce Q

Bachelor of Commerce (Chancellor’s Scholars Program)

Domestic students: 2013 Minimum ATAR W

93.00

99.90 E

Domestic students: 2012 Clearly-in Rank

95.45

99.90

International students: 2013 Guaranteed ATAR R

93.00

99.90 E

VCE (units 3 and 4) prerequisite subjects

A study score of at least 25 in English/English Language/Literature or at least 30 in ESL, and at least 25 in Mathematical Methods (CAS) or Specialist Mathematics.Y

Qualification Australian Year 12

International Baccalaureate (IB) Diploma 2013 Guaranteed IB score R

35

IB prerequisite subjects

English and Mathematics.TY

99.90 (notional ATAR)E

GCE A Levels/Singapore A Levels 2013 Guaranteed score R

ABC (12)

A Level prerequisite subjects

Mathematics and at least Grade C in an accepted AS Level English subject.YU

Not available to A Level students.

Trinity College Foundation Studies 2013 Guaranteed score R

86 I

TCFS prerequisite subjects

EAP (a score of at least 50%), English, Mathematics 1 and History of Ideas. Prerequisites must be included in the ‘Best 4’ calculation. For specialisation in Actuarial Studies, Mathematics 2 is also required.Y

Not available to TCFS students

For more details, or to see the entry requirements for other qualifications not listed here, go to: www.coursesearch.unimelb.edu.au

Q International students: Recipients of the Bachelor of Commerce Global Scholarship may be admitted with an entry score that is lower than that published here. This scholarship is only available to international students. For more information, go to: www.fbe.unimelb.edu.au/scholarships/ scholarships.html W Domestic students: Applicants who achieve the minimum ATAR for a course will be eligible for a place, provided prerequisite studies and any other specific course requirements are met. The Clearly-in Rank may be higher depending on demand for the course and the number of places available. Only applicants eligible for special entry schemes will be admitted below the minimum ATAR. Minimum ATARs are reviewed annually. E Students who achieve an ATAR/notional ATAR of 99.90 or above and satisfy course prerequisites will be guaranteed a place in the Chancellor’s Scholars Program. Students with an ATAR/notional ATAR below 99.90 may be considered depending on demand. Students must have completed an Australian Year 12 qualification or the IB in Australia in the year prior to entry (students must either enrol immediately or be granted a deferral in the year following Year 12). R International students: The University guarantees admission to a course when an international student achieves the required score, meets prerequisite studies, satisfies the English language requirements, and there are still places available in the course at the time of acceptance. If you do not meet the guaranteed score your application cannot be considered for entry. Guaranteed scores apply only if no further study has been undertaken after completion of one of these programs.

22

Guaranteed ATARs are reviewed annually. For updates visit: www.futurestudents. unimelb.edu.au/entry-req/ugrad-int

Domestic students completing an international qualification: The score listed should be considered a minimum score to be eligible for a place in that course. The standard required for entry may be higher depending on demand for the course and the number of places available.

T For students with English as their second language a pass in English B at the required level will be accepted as satisfying the English prerequisite. Except where specified, IB subjects must be passed to at least Grade 4 Standard or Higher Level. Mathematical Studies is not deemed equivalent to VCE Mathematical Methods. Y Applicants intending to major in Actuarial Studies or complete a breadth sequence in Engineering Systems in the Bachelor of Commerce are strongly encouraged to complete VCE Specialist Mathematics or equivalent.

Applicants intending to undertake an Engineering sequence in Electrical or Mechanical Systems are encouraged to complete VCE Physics or equivalent. If VCE Physics has not been completed applicants will incur the cost of undertaking additional Physics subjects through the University’s Community Access Program.

U Accepted GCE AS and A Level English subjects are: General Paper, General Studies, English Language and Literature, English Literature, English Language. Singapore A Level subject Knowledge and Enquiry (H2) is also accepted. A grade of at least C is required to meet the University’s English language requirements. I Score is calculated on the basis of final ‘Best Four’ subjects. Prerequisite subjects must be included in the final score calculation.

CREDIT FROM INTERNATIONAL INSTITUTIONS The Faculty of Business and Economics has agreements with selected institutions in Singapore, Malaysia, Indonesia and China, which give students credit for previous study, subject to meeting entry and course requirements. Singapore Ngee Ann Polytechnic Nanyang Polytechnic Singapore Polytechnic Temasek Polytechnic Malaysia HELP University College INTI International University Taylors University Sunway University Indonesia Universitas Indonesia Universitas Gajah Mada China Beijing Normal University Zhuhai www.bcom.unimelb.edu.au/ apply/entry-requirements.html


Admissions FEES

Domestic students

Domestic students

Domestic students applying for an undergraduate course must submit an application through the Victorian Tertiary Admissions Centre (VTAC).

All domestic undergraduate students are enrolled in a Commonwealth Supported Place (CSP), subsidised by the Australian Government.

You can also submit an application for Access Melbourne via VTAC’s Special Entry Access Scheme (SEAS) application, which is submitted through the MyInfo section of the VTAC website. Domestic students studying overseas must also apply through VTAC. Full details about the VTAC application process can be found at: www.vtac.edu.au

International students International students studying the VCE, an Australian Year 12 or IB in Australia must apply through VTAC for Semester 1 entry. All other international students, including those undertaking foundation studies in Australia, must apply directly to the University or through one of our overseas representatives. For a step-by-step guide on how to apply, visit: www.futurestudents.unimelb.edu. au/admissions/applications

International students Tuition fees are charged for each year that you are enrolled. You will pay tuition fees according to your specific enrolment in any given semester. Detailed fee information, including the fee policy covering your enrolment, will be provided when you are offered a place at the University. For full details about tuition fees, visit: www.futurestudents.unimelb.edu. au/admissions/fees

SCHOLARSHIPS The Melbourne Scholarships Program is one of the most comprehensive and generous in Australia. It recognises outstanding academic achievement and provides access to students who might not otherwise have the opportunity to study here. For the most up-to-date information on scholarships, including closing dates, visit: www.unimelb.edu.au/scholarships There are also a number of Commercespecific scholarships and bursaries available – see page 20.

ACCESS MELBOURNE If you are a domestic student, you can enhance your opportunity for selection and be considered for a scholarship by applying for Access Melbourne, the University’s special entry and access scholarships scheme. Access Melbourne can help you gain a place in a course, even if your ATAR is below the Clearlyin Rank, by letting you explain the ongoing circumstances that have affected your education. Scholarships are also available.

www.access.unimelb.edu.au

Get a guaranteed place The University has a selection guarantee for eligible applicants who have a disadvantaged financial background or who are from a rural or isolated area. Guaranteed ATARs for 2013 will be published at: www.access.unimelb.edu.au/ seas-guaranteed How to apply Applications are made using the Special Entry Access Scheme (SEAS) application on the VTAC website.

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Admissions

HOW TO APPLY


OPEN DAY

CONTACT US

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COURSE INFORMATION DAY Parkville campus 19 December 2012

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Photography Patch Moore, Joe Vittorio. Authorised by: Executive Director and Director, International, Office of Admissions, May 2012. CRICOS Provider Code: 00116K

BCom 2013 Brochure  

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BCom 2013 Brochure  

BCom 2013 Brochure