Faculty of Business and

Bachelor of Economics Double Degrees

Why study a double degree? How does it work?

Monash has one of the most comprehensive double degree Monash courses include compulsory units (which you must programs in Australia, offering combined degrees across do), and many offer elective units (which you can choose all faculties and disciplines. A double degree allows you to based on your ). study for two degrees, giving you more career flexibility and In a double degree, your compulsory units in one degree opportunities. And in most cases, you’ll only have to add one form the electives from the other, and vice versa. So you’ll extra year to your degree. A double degree also gives you the still study the compulsory units to complete each course, opportunity to explore subjects from a different discipline and (four units per semester), but the units you study will count gives you more career opportunities when you graduate. towards both degrees. You can combine the Bachelor of Economics with degrees in It’s a double degree without double the time! Arts and Commerce. Here are just some of the advantages:

Combining a with a Bachelor of Economics gives you the opportunity to do a triple major in economics, and . This is a popular combination of skills/knowledge that is highly valued by employers. Combining a Bachelor of Commerce with an Arts degree means that you can continue to study a language – or pick up a new one. Arts offers more than 20 different areas of study, so you’ll have plenty of options, and majors like or geography can be particularly beneficial if you have ambitions in international business, politics or diplomacy. What is the difference between a double major and a double degree? Why study economics? A double major is when you specialise in two different areas within one degree, (for example accounting and is the analysis of the economy and the business, or marketing and economics). In a double major factors that influence it, including growth, and you will study eight units from each discipline area and . A great uses ideas, data and develop strong knowledge in both fields. models to uncover the workings of the economy. A double degree allows you to study two separate degrees at Our degrees offer core units that introduce you to the key the same time. The double degrees are structured to enable principles of economics. These units help you understand you to graduate with both awards in a much shorter time how the microeconomic decisions of individuals, business than it would take to complete the two degrees individually and government influence the macroeconomic behaviour of (usually four years). As well as graduating with two degrees, the economy. you will also possess a greater knowledge of both discipline areas, because you will have studied additional units in those disciplines, but you’ll have the same workload as a single degree course.

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Want to get ahead in the workforce?

The Bachelor of Economics Advanced with Honours offers local high achieving students a great start to their career. As an Honours graduate, you’ll have an advantage when competing for jobs with applicants who only have a bachelor degree, and some employers, such as key government departments, only employ students with an honours qualification (or better). Starting salaries for honours graduates are also generally higher. The course content is similar to the Bachelor of Economics but may include industry-based placements. This specialist degree includes some and mathematics units allowing you to carry out analytical and technical study. You’ll be able to major in actuarial studies, economics, econometrics and business , or financial and insurance mathematics through this program. For more information on the Bachelor of Economics Advanced with Honours, see pages 11 and 24 of the 2014 Undergraduate Course Guide or go to www.monash.edu/study Bachelor of Economics/Bachelor of Bachelor of Arts/ Commerce Bachelor of Economics Typical ATAR 92 / IB 34 Typical ATAR 92-95 / IB 35 4 years full time 4 years full time

Career options Career options This degree gives you a range of career options including: Graduates with skills in both commerce and arts are sought after economist, tax adviser, accountant, stockbroker, statistician, financial by employers in a variety of roles in the public and private sectors. modeller and forecaster, trainee, or policy adviser in the Depending on their chosen majors, they can pursue careers public, private and non- sectors. in accounting, management, banking and finance, marketing, journalism, politics, and policy development and analysis. Course structure Ten compulsory core units: Course structure Principles of accounting and finance Six compulsory core economics units: Business law Principles of Principles of microeconomics Principles of Business and Intermediate microeconomics Introduction to management Intermediate macroeconomics Principles of marketing Business and economic statistics Principles of macroeconomics Data modelling and computing Intermediate microeconomics A major from the Bachelor of Economics in one of the Intermediate macroeconomics following areas: Data modelling and computing Actuarial studies An eight-unit commerce major in one of the following areas Econometrics and Business Statistics of study: Economics Accounting Two additional economics units Business modelling An arts major (eight units) and an arts minor (four units) Finance An additional first year arts sequence (two units)

International commerce A further two units from the Faculty of Arts Management studies Marketing For information on arts majors and minors, refer to: Sustainability www.monash.edu/study A major from the Bachelor of Economics in one of the following areas: Economics Econometrics and business statistics Actuarial studies Financial and insurance mathematics and politics* Eight electives: These electives can be chosen from units offered within the Faculty of Business and Economics, or from other faculties within the . In some cases these electives can form a third major. The most popular combination is majors in accounting, economics and finance. *Second major only

If you’re interested in this double degree, you may want to consider applying for our Bachelor of Commerce Scholars Program/Bachelor of Economics degree, which is designed especially for high achieving local Year 12 students. As a Scholar you will receive a $6000 per annum scholarship, mentoring by senior faculty staff, and access to a Scholar study room. You will also be eligible to attend guest lectures, workshops and seminars. The Scholars Program is competitive and limited in number. You will need an ATAR of 98+ / IB of 40 to apply. Business and Economics undergraduate courses 2014

Business Commerce Economics

Single degrees Single degrees Single degrees Bachelor of Commerce Bachelor of Economics Bachelor of Business (Accounting) Bachelor of Commerce (Accounting) Bachelor of Economics Advanced with Honours Bachelor of Business (Banking and Finance) Bachelor of Commerce (Accounting and Finance) Double degrees Bachelor of Business (Law) Bachelor of Commerce Scholars Program Bachelor of Arts/Bachelor of Economics Bachelor of Business (Marketing) Double degrees Bachelor of Commerce/Bachelor of Economics Bachelor of Business () Bachelor of Arts/Bachelor of Commerce Bachelor of Commerce Scholars Program/ Double degrees Bachelor of Arts Scholars Program/Bachelor of Bachelor of Economics Bachelor of Arts/Bachelor of Business Commerce Scholars Program Bachelor of Arts/Bachelor of Business Bachelor of Arts (Global)/Bachelor of Commerce (Accounting) Bachelor of Biomedical Science/Bachelor of Accounting Bachelor of Arts/Bachelor of Business (Banking Commerce and Finance) Bachelor of Commerce/Bachelor of Aerospace Single degree Bachelor of Arts/Bachelor of Business Engineering (Honours) Bachelor of Accounting (Management) Bachelor of Commerce/Bachelor of Business Bachelor of Arts/Bachelor of Business (Marketing) Information Systems Bachelor of Business/Bachelor of Visual Arts Bachelor of Commerce/Bachelor of Economics Business Administration Bachelor of Business (Accounting)/Bachelor of Bachelor of Commerce Scholars Program/ Single degree Business (Banking and Finance) Bachelor of Economics Bachelor of Business Administration Bachelor of Business (Accounting)/Bachelor of Bachelor of Commerce/Bachelor of Education Business (Management) (Secondary) Bachelor of Business (Management)/Bachelor of Bachelor of Commerce/Bachelor of Engineering Business (Marketing) (Honours) Bachelor of Business/Bachelor of Sport and Bachelor of Commerce/Bachelor of Laws Outdoor Recreation Bachelor of Commerce/Bachelor of Mechatronics Bachelor of Health Science/Bachelor of Business Engineering (Honours) Bachelor of Journalism/Bachelor of Business Bachelor of Commerce/Bachelor of Science Bachelor of Environmental Engineering (Honours)/ Bachelor of Commerce Bachelor of Journalism/Bachelor of Commerce Bachelor of Music/Bachelor of Commerce Bachelor of Pharmacy/Bachelor of Commerce

Monash University reserves the right to alter information, procedures, fees and regulations contained in this document. Please check the Monash University website for updates (www.monash.edu). All information reflects prescriptions, policy and practice in force at time of publication. Published July 2013. www.monash.edu/business-economics CRICOS provider: Monash University 00008C