B2032 Bachelor of Commerce and Bachelor of Economics
Faculty of Business and Economics
Bachelor of Commerce and Bachelor of Economics (B2032) is a 4 years full-time, 192-credit-point, bachelor degree course from the Faculty of Business and Economics, taught at Clayton. In 2020 you can choose from 9 majors. Map your units semester by semester with the MonMap planner.
- Credit points
- 192
- Duration
- 4 years full time
- 8 years part time
- Campus
- Clayton
- On campus
- Guaranteed ATAR
- 90
This is the 2020 handbook entry. See the 2027 entry.
Reviews
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Requisite map
The 2020 handbook lists no units for B2032 itself. Pick an area of study to see its units.
Overview
In this double degree you will learn to apply your thinking in a commercial capacity and develop the skills required to solve complex problems, while developing a depth of expertise in economics.
This gives you a unique skill set. For example, economics provides the foundational understanding of finance and actuarial studies, but combined with majors in actuarial studies or finance you will have substantive knowledge across all three.
Economics is the science of allocating scarce resources to maximise people's welfare. Economists study both the microeconomic decisions of individuals, business and government, and the macroeconomic behaviour of the economy as a whole. Two specialisations provide a professional education in economics: economics and economics policy, and mathematical economics and econometrics. Both specialisations are designed to encourage logical thought and detailed analysis of economic issues that can be adapted to a range of careers.
Course structure
Course rules
Commerce component96 credit points
Part A. Commerce specified study
48 credit pointsCore units
36 credit points- ACC1100Introduction to financial accountingNo reviews yet6 cp
- ACC1200Accounting for managersNo reviews yet6 cp
- BTC1110Commercial lawNo reviews yet6 cp
- ECC1000Principles of microeconomicsNo reviews yet6 cp
- ETC1000Business and economic statisticsNo reviews yet6 cp
- MGC1010Introduction to managementNo reviews yet6 cp
- MKC1200Principles of marketingNo reviews yet6 cp
Additional commerce unit
6 credit pointsCapstone, project, international or internship experience unit
6 credit pointsCapstone unit
6 credit pointsConsulting project
6 credit pointsInternational experience
6 credit points- ACX3500International study program in accountingNo reviews yet6 cp
- BEX3412Innovation and entrepreneurship in Silicon ValleyNo reviews yet6 cp
- BEX3622Issues in global businessNo reviews yet6 cp
- BEX3722Engaging with international businessNo reviews yet6 cp
- BEX3723Engaging with international business - North AmericaNo reviews yet6 cp
- BEX3724Engaging with international business - AsiaNo reviews yet6 cp
- BEX3725Engaging with international business - EuropeNo reviews yet6 cp
- BEX3726Engaging with international business - Data science and AI at HEC MontrealNo reviews yet6 cp
- BEX3727Engaging with international business - Latin AmericaNo reviews yet6 cp
- BEX3728Engaging with international businessNo reviews yet12 cp
- BEX3730Engaging with international business - AsiaNo reviews yet12 cp
- BFX3871International study program in banking and financeNo reviews yet6 cp
- ECX3750European economyNo reviews yet6 cp
- MKX3521Global study programs in marketingNo reviews yet6 cp
Internships
6 credit pointsPart B. Commerce listed major
48 credit points- ACCOUNTG05Area of studyAccountingNo reviews yet48 cp
- ACTRLSTD06Area of studyActuarial studiesNo reviews yet48 cp
- BEHAVCOM05Area of studyBehavioural commerceNo reviews yet48 cp
- BUSANLYT01Area of studyBusiness analyticsNo reviews yet48 cp
- ECONOMTR01Area of studyEconometricsNo reviews yet48 cp
- FINANCE05Area of studyFinanceNo reviews yet48 cp
- MNGTSTUD05Area of studyManagement studiesNo reviews yet48 cp
- MRKTGSCI01Area of studyMarketing scienceNo reviews yet48 cp
- SUSTAIN01Area of studySustainabilityNo reviews yet48 cp
Economics component96 credit points
Part A. Foundation commerce knowledge
24 credit pointsPart B. Specialist discipline knowledge and Part C. Capstone experience
72 credit pointsEconomics and economic policy specialisation
72 credit pointsCore units
12 credit pointsCapstone unit
6 credit pointsAdditional Economics and economic policy units - List A
18 credit points- ECC3600Experimental economicsNo reviews yet6 cp
- ECC3660Monetary economicsNo reviews yet6 cp
- ECC3670Economics of developing countriesNo reviews yet6 cp
- ECC3710Labour economicsNo reviews yet6 cp
- ECC3810Public financeNo reviews yet6 cp
- ECC3830Industrial organisation and regulationNo reviews yet6 cp
- ECC3840Mathematical economicsNo reviews yet6 cp
- ECC3841Network economicsNo reviews yet6 cp
Additional Economics and economic policy units - List A
12 credit points- ECC2300Current issues in macroeconomic policyNo reviews yet6 cp
- ECC2360Environmental economicsNo reviews yet6 cp
- ECC2450Sports economicsNo reviews yet6 cp
- ECC2600Behavioural economicsNo reviews yet6 cp
- ECC2610Game theory and strategic thinkingNo reviews yet6 cp
- ECC2800Prosperity, poverty and sustainability in a globalised worldNo reviews yet6 cp
- ECC3640Economics of climate changeNo reviews yet6 cp
- ECC3800History of economic thoughtNo reviews yet6 cp
- ECC3870Political Economy - Institutions, order, and evidenceNo reviews yet6 cp
- ETC3410Applied econometricsNo reviews yet6 cp
Elective units
24 credit pointsMathematical economics and econometrics specialisation
72 credit pointsCore units
12 credit pointsCapstone unit
6 credit pointsMathematical units
12 credit pointsFirst pair
12 credit pointsSecond pair
12 credit pointsThird pair
12 credit pointsFourth pair
12 credit pointsAdditional mathematical unit
6 credit pointsAdditional Mathematical economics and econometrics units
18 credit points- ETC2520Probability and statistical inference for economics and businessNo reviews yet6 cp
- ETC3410Applied econometricsNo reviews yet6 cp
- ETC3450Time series analysis for business and economicsNo reviews yet6 cp
- ETC3460Financial econometricsNo reviews yet6 cp
- MTH2032Differential equations with modellingNo reviews yet6 cp
- MTH3051Introduction to computational mathematicsNo reviews yet6 cp
- MTH3140Real analysisNo reviews yet6 cp
- MTH3241Random processes in the sciences and engineeringNo reviews yet6 cp
Elective units
24 credit pointsThe handbook's description of this structure
Double degree courses include the features of the component degree courses, except that electives may be reduced.
Commerce
B2001 Bachelor of Commerce is a comprehensive course, structured in three equal parts. In the double degree course you complete the following two parts:
Part A. Commerce specified study
This will provide you with a broad foundation for your study of commerce and expose you to several commerce disciplines. This will contribute breadth to your knowledge of commerce and address the graduate course outcomes. It will also give you the opportunity to learn more about each discipline before finalising your choice of major.
Part B. Commerce listed major (excludes Economics)
This will provide you with a focused program of study that will develop your expertise in one discipline area. You will develop, apply and communicate an advanced level of understanding of the concepts and theoretical frameworks that constitute the knowledge base of your major area of study. Due to the double degree structure, the Economics major is not available in this course.
Economics
B2031 Bachelor of Economics is a comprehensive course that develops through the themes of foundation commerce knowledge, specialist discipline knowledge, capstone experience and elective breadth/depth study.
Part A. Foundation commerce knowledge
These units will provide you with a comprehensive study of economics and econometrics disciplines and the impact they have on multi-discipline decision-making in organisations. The units consider the impact on the business, professional and public policy communities.
Part B. Specialist discipline knowledge
These units will develop your capacity as a critical and creative professional who is able to apply your knowledge of a specialised area to provide discipline based solutions to commerce and economic policy.
Part C. Capstone experience
The capstone unit is designed to consolidate the knowledge and skills acquired throughout the study of your specialisation.
Course requirements
You must complete 192 points, of which 96 points from the Bachelor of Commerce (including all the requirements in Part A and B for the single degree) and 96 points are from the Bachelor of Economics (including all the requirements in Part A, B and C for the single degree).
Course progression map
The course progression map provides guidance on unit enrolment for each semester of study.
You must complete 192 points, of which 96 points from the Bachelor of Commerce (including all the requirements in Part A and B for the single degree) and 96 points are from the Bachelor of Economics (including all the requirements in Part A, B and C for the single degree).
Units are 6 credit points unless otherwise stated.
Areas of study
Majors (9)
- ACCOUNTG05AccountingNo reviews yet
- ACTRLSTD06Actuarial studiesNo reviews yet
- BEHAVCOM05Behavioural commerceNo reviews yet
- BUSANLYT01Business analyticsNo reviews yet
- ECONOMTR01EconometricsNo reviews yet
- FINANCE05FinanceNo reviews yet
- MNGTSTUD05Management studiesNo reviews yet
- MRKTGSCI01Marketing scienceNo reviews yet
- SUSTAIN01SustainabilityNo reviews yet
Entry requirements
Guaranteed ATAR and selection rank
90; International: UERT Year 12/Foundation Band 5 (90-92.49); UERT Post-Secondary Band 3 (Distinction)
Other applicants
All applicants must satisfy the equivalence of the VCE subject prerequisites.
VET Certificate IV, Diploma or Advanced Diploma graduates:
Applicants will require a minimum 70% average to be considered for selection. Preference will be given to applicants whose prior studies are related to the course. Programs that involve competency-based assessment without grades or marks will not be sufficient to meet admission requirements.
Monash College entry requirements:
Diploma of Business (Commerce stream) Part 2 average: 70%
Monash University Foundation Year average: 76.25%
Higher education studies:
Applicants will be require a minimum 70% average to be considered for selection. Preference will be given to applicants whose prior studies are related to the course. A minimum of two single units must be completed in order to meet minimum admission requirements.
English language
Monash Minimum: Level A, that is: IELTS: 6.5 overall (no band lower than 6.0); or TOEFL Paper-based test: 550 with a TWE of 4.5; or TOEFL Internet-based test: score of 79 overall with minimum scores: Writing: 21, Listening: 12, Reading: 13 and Speaking: 18; or Equivalent approved English test
Pathways
Refer to the Course description for each partner course.
More information
Progression to further studies
Refer to the Course description for each partner course.
Professional accreditation
Some specific or additional units may be required for professional recognition. Refer to the professional recognition webpage for more information.
Other information
In this double degree you will learn to apply your thinking in a commercial capacity and develop the skills required to solve complex problems, while developing a depth of expertise in economics.
This gives you a unique skill set. For example, economics provides the foundational understanding of finance and actuarial studies, but combined with majors in actuarial studies or finance you will have substantive knowledge across all three.
Economics is the science of allocating scarce resources to maximise people's welfare. Economists study both the microeconomic decisions of individuals, business and government, and the macroeconomic behaviour of the economy as a whole. Two specialisations provide a professional education in economics: economics and economics policy, and mathematical economics and econometrics. Both specialisations are designed to encourage logical thought and detailed analysis of economic issues that can be adapted to a range of careers.
Common questions
How long is Bachelor of Commerce and Bachelor of Economics?
4 years full time, 192 credit points. At 24 credit points a semester, that is 8 semesters of full-time study.
What majors can I take in Bachelor of Commerce and Bachelor of Economics?
9 majors in 2020, including Accounting, Actuarial studies, Behavioural commerce, Business analytics, Econometrics, Finance, Management studies and Marketing science.
What ATAR do I need for Bachelor of Commerce and Bachelor of Economics?
The guaranteed ATAR listed for 2020 entry is 90.
Where can I study Bachelor of Commerce and Bachelor of Economics?
At Clayton.
How do I plan my Bachelor of Commerce and Bachelor of Economics units?
Open the course in the MonMap planner. It lays out your semesters, checks prerequisites as you drag units in, and tracks the credit points each requirement still needs.