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 2023 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 rules
Part A. Foundation business knowledge18 credit points
- ECF1100MicroeconomicsNo reviews yet6 cp
- ETF1100Business statisticsNo reviews yet6 cp
- ETX1100Business statisticsNo reviews yet6 cp
Accounting unit
6 credit pointsPart B. Specialist discipline knowledge and Part C. Capstone unit78 credit points
- BFF1001Foundations of financeNo reviews yet6 cp
- BFF2140Business financeNo reviews yet6 cp
- BFX2140Corporate financeNo reviews yet6 cp
- BFF2401Commercial banking and financeNo reviews yet6 cp
- BFF3121Investments and portfolio managementNo reviews yet6 cp
- BFF3231International financeNo reviews yet6 cp
- BTF3601Banking lawNo reviews yet6 cp
- ECF1200MacroeconomicsNo reviews yet6 cp
- ECX1200MacroeconomicsNo reviews yet6 cp
- ETF2100Introductory econometricsNo reviews yet6 cp
Capstone unit
6 credit pointsPlus two sets of paired units
24 credit pointsBanking
12 credit pointsFinancial management
12 credit pointsInvestment and security analysis
12 credit pointsPart D. Free elective study48 credit points
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.
You can enrich your degree to hone your academic and professional skills with a range of Flagship Rich Educational Experiences (FREE), including the Research, Experimentation and Discovery, Monash Innovation Guarantee and Global Immersion Guarantee. These flagship rich educational experience units may be credited utilising your free electives if approved by the faculty. There are both 6 and 12 credit point unit options available.
The handbook's description of this structure
The course is structured in four parts: Part A. Foundation business knowledge, Part B. Specialist discipline knowledge, Part C. Capstone unit, and Part D Free 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 unit
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 credit points): including 96 credit points of study in Parts A, B and C, and 48 credit points of free electives in Part D.
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.
Units are 6 credit points unless otherwise stated.
Part A. Foundation business knowledge (18 credit points)
You must complete:
The following two units (12 credit 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 unit (78 credit points)
You must complete the following nine units (54 credit points):
- BFF1001 Foundations of finance
- BFF2140 Business finance or BFX2140 Corporate finance
- BFF2401 Commercial banking and finance
- BFF3121 Investments and portfolio management
- BFF3231 International finance
- BFF3999 Finance and society*
- BTF3601 Banking law
- ECF1200/ECX1200 Macroeconomics
- ETF2100 Introductory econometrics
Plus two sets of paired units (24 credit points):
i) Banking (12 credit points):
- BFF3351 Investment banking
- BFF3841 Credit analysis and lending management
ii) Financial management (12 credit points):
- BFF3140 Advanced business finance
- BFF3651 Treasury management
iii) Investment and security analysis (12 credit points)
- BFF2701 Equity markets
- BFF3751 Derivatives
* Capstone unit.
Part D. Free elective study (48 credit 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.
You can enrich your degree to hone your academic and professional skills with a range of Flagship Rich Educational Experiences (FREE), including the Research, Experimentation and Discovery, Monash Innovation Guarantee and Global Immersion Guarantee. These flagship rich educational experience units may be credited utilising your free electives if approved by the faculty. There are both 6 and 12 credit point unit options available.* For information on eligibility please see FREE.
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 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
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 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
Monash Transition Program
Articulation agreements:
Amity University (2+2) Exp: 01-Jul-25
Abu Dhabi University (2.5+1.5) Exp: 12-Jul-24
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
FPT University (2+2) Exp: 02-Jun-26
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
International University, Vietnam National University (1.5+1.5) Exp: 12-Dec-26
Hanoi University of Science and Technology (HUST) (2.5+1.5) Exp: 7-Aug-26
Central South University (2+2)Exp: 25-Nov-25
Beijing Normal University, Zhuhai (2+2) Exp: 10-May-23
Beijing Jiaotong University (2+2) Exp: 23-Jan-22 *Renewal in progress
Hunan University (2+2) Exp: 19-Jul-26
South China Agricultural University (SCAU) (2+2) Exp: 23-May-27
Shanghai University of Finance and Economics (1.5+2) or (2+2) Exp: 30-Sep-26
Shanghai International Studies University (2+2) Exp: 13-Jan-27
Beijing Foreign Studies University (2+2) Exp:19-May-24
Southwestern University of Finance and Economics (SWUFE) (2+2) Exp: 28-Feb-27
Vidyalankar School of Information Technology, University of Mumbai (1.5+2) or (2+1.5) or (2+2) Exp: 01-Feb-26
Zhengzhou University (ZZU) (2+2) Exp: 25-Jul-26
University of Danang, Institute for Research and Executive Education (VNUK) Exp: 17-Aug-25
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) (B3701). To be eligible to apply for entry into Bachelor of Commerce (Honours) (B3701), you must have achieved a distinction grade average (70%) or above in 24 credit 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.
Notes for students
If you are enrolled in a double degree it may be possible to utilise credit from one or both of your degrees to do a 6 and/or 12 credit point flagship rich educational experience. For information on eligible double degree combinations please see FREE.
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 2023 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.