CourseBachelor DegreeBBankFin

B2042 Bachelor of Banking and Finance

Faculty of Business and Economics

Bachelor of Banking and Finance (B2042) is a 3 years full-time, 144-credit-point, bachelor degree course from the Faculty of Business and Economics, taught at Caulfield. Map your units semester by semester with the MonMap planner.

Credit points
144
Duration
3 years full time
6 years part time
Campus
Caulfield
On campus
Guaranteed ATAR
75

This is the 2021 handbook entry. See the 2027 entry.

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Requisite map

Overview

The Bachelor of Banking and Finance will give you the skills to manage money in institutional settings, such as banks or investment houses. You will learn about key banking and finance concepts, and how to assess the financial needs of companies and individuals and match them to suitable financial products. You will be qualified to work in banking and finance environments, in roles such as portfolio manager, business banker, funds manager or loan adviser.

Course structure

Course rules144 credit points
In choosing your units, you must ensure that you complete no more than 10 units (60 credit points) at level 1 and at least six units (36 credit points) at level 3, including four units (24 credit points) at level 3 offered by the Faculty of Business and Economics.
Part A. Foundation business knowledge18 credit points
Part B. Specialist discipline knowledge and Part C. Capstone experience78 credit points
Part D. Free elective study48 credit points
You must complete 48 credit points of free elective study. Electives can 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 your 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. If you are in a double degree course, some units required for the other degree are credited as electives towards this Banking and Finance degree.
The handbook's description of this structure

The course develops through the themes of foundation business knowledge, specialist discipline knowledge, capstone experience, and in addition includes elective study.

Part A. Foundation business knowledge

This will provide you with a study of banking and finance disciplines and the impact they have on decision making in organisations.

Part B. Specialist discipline knowledge

These studies will develop your capacity as a critical and creative professional who is able to apply knowledge of banking and finance to provide discipline-based solutions for business. Units contained within the discipline may meet the requirements for professional accreditation bodies.

Part C. Capstone experience

The capstone unit will consolidate your knowledge and skills acquired through the study of your course and provide experience in multi-disciplinary processes and decision making.

Part D. Free elective study

These are free electives which will enable you to further your knowledge of banking and finance, or business more broadly, or to select units from across the University in which you are eligible to enrol.

Course progression map

The course progression maps 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 your units, you must ensure that you 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 stated.

Part A. Foundation business knowledge (18 points)

You must complete:

The following two units (12 points):

  • ECF1100 Microeconomics
  • ETF1100/ETX1100 Business statistics

One unit (6 credit points) from the following:

  • ACF1100/ACX1100 Introduction to financial accounting
  • ACF1200/ACX1200 Accounting for managers

Part B. Specialist discipline knowledge and Part C. Capstone experience (78 points)

You must complete the following nine units (54 points):

  • BFF1001 Foundations of finance
  • BFF2140/BFX2140 Corporate finance 1
  • BFF2401 Commercial banking and finance
  • BFF3121 Investments and portfolio management
  • BFF3231 International finance
  • BFX3999 Finance and society*
  • BTF3601 Banking law 
  • ECF1200 Macroeconomics 
  • ETF2100 Introductory econometrics 

Plus two sets of paired units (24 points):

i) Banking (12 points):

  • BFF3351 Investment banking
  • BFF3841 Credit analysis and lending management

ii) Financial management (12 points):

  • BFF3140 Corporate finance 2
  • BFF3651 Treasury management

iii) Investment and security analysis (12 points)

  • BFF2701 Equity markets
  • BFF3751 Derivatives 1

* 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.

For students in a double degree course, some units required for the other degree are credited as electives towards this Banking and Finance degree.

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. 1

    be critical and creative scholars who produce

    • innovative solutions to problems
    • apply research skills to business challenges
    • communicate effectively and perceptively
  2. 2

    be responsible and effective global citizens who:

    • engage in an internationalised world
    • exhibit cross-cultural competence
    • demonstrate ethical values
  3. 3

    demonstrate broad knowledge and technical skills in business and provide discipline based solutions relevant to the business, professional and public policy communities that we serve. In particular:

    • explain technical and theoretical banking and finance concepts
    • comply with the Australian Business Dean's Council endorsed Finance Learning Standards of knowledge, application, judgment, communication and teamwork
    • reflect, formulate and present banking and finance proposals.
  4. 4

    demonstrate a well-developed understanding of multidisciplinary decision making in organisations via application of knowledge from core business discipline areas.

Entry requirements

Guaranteed ATAR and selection rank

75; International: UERT Year 12/Foundation Band 3+ (82.5-84.99); UERT Post-Secondary Band 2 (Credit)

Other applicants

All applicants must satisfy the equivalence of the VCE subject pre-requisites.

VET Certificate IV, Diploma or Advanced Diploma graduates:
Applicants will require a minimum of 60% 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 meet the admission requirements.

Monash College entry requirements:
Diploma of Business (Business stream) Part 2 average: 62%
Monash University Foundation Year average: 70%

Higher education studies:
Applicants will require a minimum 60% 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 Business
Articulation agreements:
Shanghai University (2+2) Exp: 10-Dec-22
Sichuan University (1+2) Exp: 5-Apr-21
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 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
Beijin Institute of Technology (2+2) Exp: 7-Sep-21
Hunan University (2+2) Exp: 4-Jul-21
China South Agricultural University (SCAU) (2+2) Exp: 31-May-21
Shanghai University of Finance and Economics (2+2) Exp: 30-Jun-21
Shanghai International Studies University (2+2) Exp: 9-May-21

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 Bachelor of Commerce (Honours), you must have achieved a distinction grade average (70%) or above in 24 points of studies at level 3. In addition, some particular level 3 units may need to be completed for admission to honours.

Professional accreditation

Subject to unit choice, this degree is accredited by relevant Australian professional bodies. Refer to the profession recognition webpage.

Other information

The Bachelor of Banking and Finance will give you the skills to manage money in institutional settings, such as banks or investment houses. You will learn about key banking and finance concepts, and how to assess the financial needs of companies and individuals and match them to suitable financial products. You will be qualified to work in banking and finance environments, in roles such as portfolio manager, business banker, funds manager or loan adviser.

Common questions

How long is Bachelor of Banking and 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 Banking and Finance?

The guaranteed ATAR listed for 2021 entry is 75.

Where can I study Bachelor of Banking and Finance?

At Caulfield.

How do I plan my Bachelor of Banking and 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.

Course details

Qualification
Bachelor Degree
AQF level
Level 7
Credit points
144
Full time
3 Years
Part time
6 Years
Maximum time
8 years
Faculty
Faculty of Business and Economics
CRICOS code
084684E
Abbreviation
BBankFin
Award title
Bachelor of Banking and Finance