M2015 Bachelor of Psychological Science and Business
Faculty of Medicine, Nursing and Health Sciences
Bachelor of Psychological Science and Business (M2015) is a 3 years full-time, 144-credit-point, bachelor degree course from the Faculty of Medicine, Nursing and Health Sciences, taught at Malaysia. Map your units semester by semester with the MonMap planner.
- Credit points
- 144
- Duration
- 3 years full time
- Campus
- Malaysia
- On campus
- Guaranteed ATAR
- Australian Year 12 equivalent that is 70
This is the 2020 handbook entry. See the 2027 entry.
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Requisite map
The 2020 handbook lists no units for M2015 itself. Pick an area of study to see its units.
Overview
This course is intended for students who wish to apply psychological training to work in a business environment. Students acquire a fundamental understanding of the major principles of psychology and are exposed to a broad cross-section of topics relevant to applied and professional psychology. They also acquire a basic knowledge of core business disciplines and specialised knowledge in one business area and develop an understanding of psychology in a business environment.
Students will enhance their ability to develop careers in psychology, and/or business through the development of effective interpersonal and communication skills, the mastering of essential research design procedures, statistical analyses and methods of written and oral communication relevant to the fields of psychology and business.
Course structure
The course comprises 144 points. The course develops through theme studies in: Part A. Psychology and business fundamentals and foundational skills (78 points), Part B. Research methods and critical thinking (12 points), and Part C. Psychology in business practice (54 points).
Units are 6 points unless otherwise stated.
Students who are considering an honours year in business should seek course advice when choosing units from a business area.
Part A. Psychology and business fundamentals and foundational skills (78 points)
You must complete:
a. The following seven units (42 points):
- PSY1011 Psychology I A
- PSY1022 Psychology I B
- PSY2061 Biological psychology
- PSY2071 Developmental psychology
- PSY2042 Personality and social psychology
- PSY3032 Abnormal psychology
- PSY3051 Perception and cognitive psychology
b. The following six units (36 points):
- ACW1120 Financial accounting 1
- BTW1042 Malaysian business law
- ECW1101 Introductory microeconomics
- ETW1100 Introduction to business analytics
- MGW1010 Introduction to management
- MKW1120 Marketing theory and practice
Part B. Research methods and critical thinking (12 points)
You must complete:
- PSY3062 Research methods and theory
- PSY3250 Positive psychology
Part C. Psychology in business practice (54 points)
You must complete:
a. The following two units (12 points):
- PSY2112 Organisational psychology
- PSY3041 Psychological testing, theories of ability and ethics
b. Seven units (42 points) from one of the following business areas:
Accountancy
You must complete:
a. The following five units (30 points):
- ACW2491 Financial accounting
- ACW3491 Advanced financial accounting
- ACW2391 Introduction to management accounting
- ACW3431 Management accounting
- BFW2140 Corporate finance 1
b. Two units (12 points) from the following:
- ACW2851 Accounting information systems and financial modelling
- ACW3041 Auditing and assurance
- BEW3100 Work placement program
- BTW2213 Malaysian company law
- BTW3153 Malaysian income tax law
Applied economics
You must complete:
a. The following three units (18 points):
- ECW1102 Introductory macroeconomics
- ECW2730 Macroeconomic policy
- ECW2731 Managerial economics
b. Three units (18 points) from the following:
- ECW3143 Economics of money and banking
- ECW3301 Case studies in international trade
- ECW3830 Business, competition and regulation
- ECM3670 Development economics
- ECM3810 Public sector economics
c. One unit (6 points) from the following:
- ETW2410 Introductory econometrics
- ECM2360 Environmental and natural resource economics
- ECW2141 Economics of labour markets
- ECW2721 Trade finance and foreign exchange
- ECX3550 Business in Asia
Banking and financial management
You must complete:
a. The following six units (36 points):
- BFW1001 Foundations of finance
- BFW2140 Corporate finance
- BFW2401 Commercial banking and finance
- BFW2751 Derivatives 1
- BFW3121 Investments and portfolio management
- BFW3841 Credit analysis and lending management
b. One unit (6 points) from the following:
- BEW3100 Work placement program
- BFW3331 International banking and finance
- BFW3540 Modelling in finance
- BFW3651 Treasury management
- BFW3652 Corporate treasury and credit management
Business law and taxation
You must complete:
- BTW2213 Malaysian company law
- BTW2241 Comparative workplace relations law
- BTW2320 Current issues in corporate governance
- BTW3153 Malaysian income tax law
- BTW3201 International trade law
- BTW3233 Conventional and Islamic finance law
- BTW3281 Marketing law
Econometrics and business statistics
You must complete:
- ETW2111 Business data modelling
- ETW2410 Introductory econometrics
- ETW2420 Survey methods and managerial statistics
- ETW2480 Business modelling methods
- ETW3410 Applied econometrics
- ETW3420 Principles of forecasting and applications
- ETW3481 Econometric methods for finance
International business management
You must complete seven units (42 points) from the following:
- BFW2341 International financial management
- BTW3201 International trade law
- ECW2721 Trade finance and foreign exchange
- ECW3301 Case studies in international trade
- MGW2351 International business
- MGW3681 International management
- MGX3121 International business strategy
- MKW3444 International marketing
Management
You must complete:
a. The following two units (12 points):
- MGW2230 Organisational behaviour
- MGW3401 Strategic management
b. Five units (30 points) from the following with at least two units (12 points) at level 3:
- MGW1100 Managerial communication or MGW1232 Introduction to Islamic business
- MGW2351 International business
- MGW2430 Human resource management
- MGW2991 Leadership in Asia
- MGW3130 Organisational change and development
- MGW3234 Social entrepreneurship
- MGW3381 Management information systems
- MGW3681 International management
- MGX3121 International business strategy
Strategic marketing
You must complete:
a. The following six units (36 points):
- MKW2402 Consumer behaviour
- MKW2420 Market research method
- MKW2460 Integrated marketing communication
- MKW3301 Services marketing
- MKW3444 International marketing
- MKW3610 Marketing strategy and implementation
b. One unit (6 points) from the following:
- MKW2431 Business marketing
- MKW3701 Neuroscience of decision-making: An introduction
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
apply their understanding of the major principles of psychology to the identification and resolution of real-world problems
- 2
explain a broad cross section of applied and professional psychology topics to diverse audiences
- 3
demonstrate a working knowledge of core business disciplines and specialised knowledge in one business area
- 4
use effective interpersonal and communication skills across a range of contexts
- 5
critically appraise research design procedures, statistical analyses and methods of written and oral communication relevant to the fields of psychology and business
- 6
apply psychological concepts within a business environment
- 7
implement modern information technologies that will enhance effectiveness in the workplace
- 8
prepare for careers in psychology, marketing, management, human resources, or other business areas
- 9
establish skills and knowledge to progress to postgraduate studies and/or research in psychological science or business
- 10
exercise personal, professional and social responsibility as a global citizen.
Entry requirements
Guaranteed ATAR and selection rank
Australian Year 12 equivalent that is 70
Other applicants
Applicants must satisfy the equivalence of the VCE subject prerequisites or equivalent university units.
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
More information
Progression to further studies
Bachelor of Psychological Science and Business graduates may be eligible for entry into M3705 Bachelor of Psychological Science (Honours) or B3701 Bachelor of Business and Commerce (Honours).
To be eligible for provisional registration as a psychologist in Australia you must meet the requirements of the Psychology Board of Australia (PsyBA). The first step to becoming a psychologist is to complete four years of approved study in psychology. This normally comprises a bachelor degree (or graduate diploma) that includes the three-year Australian Psychology Accreditation Council (APAC) accredited sequence of 10 units in psychology, followed by an accredited fourth-year course in psychology. The Bachelor of Psychological Science and Business provides the three-year APAC accredited sequence and the Bachelor of Psychological Science (Honours) will provide the fourth year.
In order to be eligible for general registration as a psychologist, a further minimum two years of approved study must be undertaken at master's or doctoral level or alternatively two years of supervised practice. Students in Malaysia apply for PsyBA provisional registration through a streamlined international application process.
Professional accreditation
This course is accredited by the Australian Psychology Accreditation Council.
This degree does not make you eligible to register as a psychologist. A career in psychology will require further study and training after completion of the Bachelor of Psychological Science and Business.
Notes for students
This course is not available to international students who are holders of an Australian student visa, for study onshore in Australia.
Other information
This course is intended for students who wish to apply psychological training to work in a business environment. Students acquire a fundamental understanding of the major principles of psychology and are exposed to a broad cross-section of topics relevant to applied and professional psychology. They also acquire a basic knowledge of core business disciplines and specialised knowledge in one business area and develop an understanding of psychology in a business environment.
Students will enhance their ability to develop careers in psychology, and/or business through the development of effective interpersonal and communication skills, the mastering of essential research design procedures, statistical analyses and methods of written and oral communication relevant to the fields of psychology and business.
Contacts
- Academic Coordinator
- Dr Vanlal Thanzami
Common questions
How long is Bachelor of Psychological Science and Business?
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 Psychological Science and Business?
The guaranteed ATAR listed for 2020 entry is Australian Year 12 equivalent that is 70.
Where can I study Bachelor of Psychological Science and Business?
At Malaysia.
How do I plan my Bachelor of Psychological Science and Business 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.