B2034 Bachelor of Finance
Faculty of Business and Economics
Bachelor of Finance (B2034) is a 3 years full-time, 144-credit-point, bachelor degree course from the Faculty of Business and Economics, taught at Clayton. Map your units semester by semester with the MonMap planner.
- Credit points
- 144
- Duration
- 3 years full time
- 6 years part time
- Campus
- Clayton
- On campus
- Guaranteed ATAR
- 88
This is the 2022 handbook entry. See the 2027 entry.
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Requisite map
Overview
This degree offers you the opportunity to complete a professional, highly focussed qualification in finance. It is quantitatively oriented and provides both depth and breadth in finance. You will learn about and apply theory and concepts in finance to enable you to critically evaluate and make decisions regarding capital investment, mergers and acquisitions, foreign exchange, valuation of financial securities and firms, money market dealing, financial forecasting, bonds and stocks and gain a comprehensive exposure to options, future and other derivatives. With this qualification you can aspire to a large number of roles in finance, including group finance director, commodities trader, derivatives trader, investment banker, project finance analyst, trade finance specialist, stockbroker, chief financial officer, mergers and acquisitions specialist, commercial banker, credit analyst, risk manager, corporate finance analyst, finance director, investment advisor, derivative or commodities trader, investment banker or corporate treasurer.
Course structure
Course rules
Part A. Foundation commerce knowledge24 credit points
- ECC1000Principles of microeconomicsNo reviews yet6 cp
- ECC1100Principles of macroeconomicsRated 4.0 out of 5 from 1 review6 cp
- ECX1200MacroeconomicsNo reviews yet6 cp
- ETC1000Business and economic statisticsNo reviews yet6 cp
- ETX1100Business statisticsNo reviews yet6 cp
- ETC2410Introductory econometricsNo reviews yet6 cp
Part B. Specialist discipline knowledge and Part C. Capstone experience72 credit points
- ACC1100Introduction to financial accountingNo reviews yet6 cp
- ACX1100Introduction to financial accountingNo reviews yet6 cp
- ACC1200Accounting for managersNo reviews yet6 cp
- ACX1200Accounting for managersNo reviews yet6 cp
- BFC2140Corporate finance 1No reviews yet6 cp
- BFX2140Corporate finance 1No reviews yet6 cp
- BFC2751Derivatives 1No reviews yet6 cp
- BFC3140Corporate finance 2No reviews yet6 cp
- BFC3170Management of financial intermediariesNo reviews yet6 cp
- BFC3240International financeNo reviews yet6 cp
- BFC3241Equities and investment analysisNo reviews yet6 cp
- BFC3340Derivatives 2No reviews yet6 cp
- BFC3341Debt markets and fixed income securitiesNo reviews yet6 cp
- BFC3540Modelling in financeNo reviews yet6 cp
- ETC3460Financial econometricsNo reviews yet6 cp
Capstone unit
6 credit pointsPart D. Free elective study48 credit points
The handbook's description of this structure
The course develops through the four themes of foundation commerce knowledge, specialist discipline knowledge, capstone experience, and elective 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 finance to provide discipline based solutions to commerce. Units contained within the discipline may meet the requirements for professional accreditation bodies.
Part C. Capstone experience
The capstone unit is designed to consolidate the knowledge and skills acquired throughout the study of your specialisation.
Part D. Free elective study
This will enable you to further develop your knowledge of finance, or commerce more broadly, or to select any units from across the University in which you are eligible to enrol including to complete a major or minor from another course.
You can enrich your degree to hone your academic and professional skills with a range of flagship rich experiences, including the Monash Immersion Guarantee and Global Immersion Guarantee - Study Abroad (monash.edu). These flagship rich experience units may be credited in place of your free electives if approved by the faculty. There are both 6 and 12 credit point unit options available.
Course progression map
The course progression map provides guidance on unit enrolment for each semester of study.
You must complete units as specified in Parts A, B, C and D (144 points): including 96 points of study in Parts A, B and C, and 48 points of free electives in Part D.
In choosing their units, you must ensure that they complete no more than 10 units (60 points) at level 1 and at least six units (36 points) at level 3, including four units (24 points) at level 3 offered by the Faculty of Business and Economics.
Units are 6 points unless otherwise specified.
Part A. Foundation commerce knowledge (24 points)
You must complete:
- ECC1000 Principles of microeconomics
- ECC1100 Principles of macroeconomics / ECX1200 Macroeconomics
- ETC1000 Business and economic statistics / ETX1100 Business statistics
- ETC2410 Introductory econometrics
Part B. Specialist discipline knowledge and Part C. Capstone experience (72 points)
You must complete:
- ACC1100/ACX1100 Introduction to financial accounting or ACC1200/ACX1200 Accounting for managers
- BFC2140/BFX2140 Corporate finance 1
- BFC2751 Derivatives 1
- BFC3140 Corporate finance 2
- BFC3170 Management of financial intermediaries
- BFC3240 International finance
- BFC3241 Equities and investment analysis
- BFC3340 Derivatives 2
- BFC3341 Debt markets and fixed income securities
- BFC3540 Modelling in finance
- BFX3999 Finance and society*
- ETC3460 Financial econometrics
* Capstone unit.
Part D. Free elective study (48 points)
Electives can also be chosen from across the University, including to complete a major or minor from another course if you have met the required prerequisites and there are no restrictions on enrolling in the units. Enrolment in Faculty of Business and Economics units at campuses other than the campus of enrolment is subject to there being capacity after students from that campus have enrolled. You should also be aware of travel and timetabling limitations.
No more than two units can contribute towards two majors, or a major and a minor, in the same course (including a double degree course). The same unit is not credited towards two minors.
Electives can be identified using the [[http://www.monash.edu.au/pubs/handbooks/units/search][browse units]] tool and [[http://www.monash.edu.au/pubs/handbooks/units/][indexes of units]] in the current edition of the Handbook. [[http://www.monash.edu.au/pubs/handbooks/aos/index-bydomain_type-major.html][Majors]] and [[http://www.monash.edu.au/pubs/handbooks/aos/index-bydomain_type-minor.html][minors]] can also be identified using the Handbook indexes. The level of the unit is indicated by the first number in the unit code; undergraduate units are those that commence with the numbers 1-3.
For students in a double degree course, some units required for the other degree are credited as electives towards this Finance degree.
You can enrich your degree to hone your academic and professional skills with a range of flagship rich experiences, including the Monash Immersion Guarantee and Global Immersion Guarantee - Study Abroad (monash.edu). These flagship rich experience units may be credited in place of your free electives if approved by the faculty. There are both 6 and 12 credit point unit options available.
Learning outcomes
These course outcomes are aligned with the Australian Qualifications Framework and Monash Graduate Attributes.
Upon successful completion of this course it is expected that you will be able to:
- 1
be critical and creative scholars who produce:
- innovative solutions to problems
- apply research skills to business challenges
- communicate effectively and perceptively
- 2
be responsible and effective global citizens who:
- engage in an internationalised world
- exhibit cross-cultural competence
- demonstrate ethical values
- 3
demonstrate broad knowledge and technical skills in the area of their specialisation and be able to provide discipline based solutions relevant to the business, professional and public policy communities that we serve
- 4
be able to analyse and interpret financial data, demonstrate the use of fundamental financial models and empirical techniques and formulate and present investment and financing decisions and justifications thereof, to comply with the Australian Business Dean's Council endorsed Finance Learning Standards of knowledge, application, judgment, communication and teamwork and reflection
- 5
construct conceptual frameworks and use these to analyse complex issues in the corporate sector, government and the professions.
Entry requirements
Guaranteed ATAR and selection rank
88; 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 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 (Academic): 6.5 overall (no band lower than 6.0); or Pearson Test of English (Academic): score of 58 overall with no band lower than 50; 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
Monash College - Diploma of Commerce
Monash College - Diploma of Business
Articulation agreements:
Shanghai University (2+2) Exp: 10-Dec-22
Sichuan University (1+2) Exp: 5-Apr-21 *renewal in progress
Dongbei University of Finance and Economics (2+2) Exp: 11-Nov-24
Guangdong University of Finance (2+2) Exp: 12-Dec-24
Central University of Finance and Economics (2+2) Exp: 16-Jun-24
Beijing Foreign Studies University (2+2) Exp: 19-May-24
Beijing Institute of Technology (2+2) Exp: 19-May-24
Henan University (2+2) Exp: 17-Apr-24
Central South University (2+2) Exp: 5-Aug-23
Beijing Normal University (2+2) Exp: 10-May-23
Beijing Jiaotong University (2+2) Exp: 23-Jan-22
Hunan University (2+2) Exp: 4-Jul-26
China South Agricultural University (SCAU) (2+2) Exp: 31-May-21 *renewal in progress
Shanghai University of Finance and Economics (2+2) Exp: 30-Jun-21 *renewal in progress
Shanghai International Studies University (2+2) Exp: 9-May-21 *renewal in progress
More information
Progression to further studies
Successful completion of this course may provide a pathway to the one year honours program Bachelor of Commerce (Honours). To be eligible to apply for entry into the Bachelor of Commerce (Honours), you must have achieved a distinction grade average (70%) or above in 24 credit points of studies at level 3. In addition, some particular units may need to be taken for admission to honours.
Professional accreditation
Some specific or additional units may be required for professional recognition. Refer to the professional recognition webpage for more information.
Other information
This degree offers you the opportunity to complete a professional, highly focussed qualification in finance. It is quantitatively oriented and provides both depth and breadth in finance. You will learn about and apply theory and concepts in finance to enable you to critically evaluate and make decisions regarding capital investment, mergers and acquisitions, foreign exchange, valuation of financial securities and firms, money market dealing, financial forecasting, bonds and stocks and gain a comprehensive exposure to options, future and other derivatives. With this qualification you can aspire to a large number of roles in finance, including group finance director, commodities trader, derivatives trader, investment banker, project finance analyst, trade finance specialist, stockbroker, chief financial officer, mergers and acquisitions specialist, commercial banker, credit analyst, risk manager, corporate finance analyst, finance director, investment advisor, derivative or commodities trader, investment banker or corporate treasurer.
Common questions
How long is Bachelor of Finance?
3 years full time, 144 credit points. At 24 credit points a semester, that is 6 semesters of full-time study.
What ATAR do I need for Bachelor of Finance?
The guaranteed ATAR listed for 2022 entry is 88.
Where can I study Bachelor of Finance?
At Clayton.
How do I plan my Bachelor of Finance 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.