B2043 Bachelor of Commerce and Bachelor of Finance
Faculty of Business and Economics
Bachelor of Commerce and Bachelor of Finance (B2043) is a 4 years full-time, 192-credit-point, bachelor degree course from the Faculty of Business and Economics, taught at Clayton. In 2023 you can choose from 11 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 2023 handbook entry. See the 2027 entry.
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Requisite map
The 2023 handbook lists no units for B2043 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 finance.
This gives you a unique skill set. For example, finance provides foundational understanding of economics and actuarial studies, but combined with majors in economics or actuarial studies you will have substantive knowledge across all three.
Your specialist studies will prepare you for a career in finance while your commerce major(s) will give you additional skills to pursue expert roles in that industry, or give you the skills to work across industries.
Course structure
Made up of
Course requirements
You will complete your Bachelor of Finance specialisation and one major in the Bachelor of Commerce. Where you have space in your degree you may complete a second major with no more than two units contributing towards both of your chosen majors or towards both a major and the specialisation.
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 in place of your additional commerce unit if approved by the faculty, or alternatively utilising your replacement units. There are both 6 and 12 credit point unit options available.
If you are enrolled in a double degree it may be possible to use 6 credit points from each degree to do the Global Immersion Guarantee (12 credit points). For information on eligible double degree combinations please see Global Immersion Guarantee.
Commerce component96 credit points
Finance component96 credit points
The 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:
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 Finance)
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 Finance major is not available in this course.
Finance
B2034 Bachelor of Finance 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 finance to provide discipline based solutions to commerce. Units contained within the discipline specialisation 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.
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 are 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 Finance (including all the requirements in Part A, B and C for the single degree).
Where there is double up of units across the two single degrees, these units must be replaced by another unit. Up to six of these may be replaced by a unit from across the University, providing the prerequisites are met and there are no restrictions on admission to the units. You may also be able to use these replacement units to take a 12 or 24 credit point project, international experience or internship, or undertake a minor in a different discipline from your major.
You will complete your Bachelor of Finance specialisation and one major in the Bachelor of Commerce. Where you have space in your degree you may complete a second major with no more than two units contributing towards both of your chosen majors or towards both a major and the specialisation.
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 in place of your additional commerce unit if approved by the faculty, or alternatively utilising your replacement units. There are both 6 and 12 credit point unit options available. If you are enrolled in a double degree it may be possible to use 6 credit points from each degree to do the Global Immersion Guarantee (12 credit points). For information on eligible double degree combinations please see Global Immersion Guarantee.
Areas of study
Majors (11)
- ACCOUNTG05AccountingNo reviews yet
- ACTRLSTD07Actuarial studiesNo reviews yet
- BEHAVCOM05Behavioural commerceNo reviews yet
- BUSANLMJ01Business analyticsNo reviews yet
- ECONOMTR05EconometricsNo reviews yet
- ECONOMIC07EconomicsNo reviews yet
- FINANCE07FinanceNo reviews yet
- MNGTSTUD06Management studiesNo reviews yet
- MRKTGSCI01Marketing scienceNo reviews yet
- MTHFNDEC01Mathematical foundations of econometricsNo reviews yet
- SUSTAIN04SustainabilityNo 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 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 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
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
Refer to the Course description for each partner course.
Notes for students
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 finance.
This gives you a unique skill set. For example, finance provides foundational understanding of economics and actuarial studies, but combined with majors in economics or actuarial studies you will have substantive knowledge across all three.
Your specialist studies will prepare you for a career in finance while your commerce major(s) will give you additional skills to pursue expert roles in that industry, or give you the skills to work across industries.
Common questions
How long is Bachelor of Commerce and Bachelor of Finance?
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 Finance?
11 majors in 2023, including Accounting, Actuarial studies, Behavioural commerce, Business analytics, Econometrics, Economics, Finance and Management studies.
What ATAR do I need for Bachelor of Commerce and Bachelor of Finance?
The guaranteed ATAR listed for 2023 entry is 90.
Where can I study Bachelor of Commerce and Bachelor of Finance?
At Clayton.
How do I plan my Bachelor of Commerce and 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.