U0603 Diploma of Business
Office of the DVC Education and Senior VP
Diploma of Business (U0603) is a 2 years full-time, 96-credit-point, diploma course from the Office of the DVC Education and Senior VP, taught at City (Melbourne). Map your units semester by semester with the MonMap planner.
- Credit points
- 96
- Duration
- 2 years full time
- 4 years part time
- Campus
- City (Melbourne)
- On campus
- Guaranteed ATAR
- Part 1: 50 || Part 1A: 55 || Part 2: 62
The 2027 handbook has no page for U0603. This is its 2026 entry, the latest one.
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Requisite map
The 2026 handbook lists no units for U0603 itself. Pick an area of study to see its units.
Overview
The Diploma of Business is your first step towards completing your Monash Business or Commerce related degree. You’ll learn how to work independently, think critically and make analytical decisions, while being introduced to the business concepts and theory you'll need for University.
You can choose your area of interest from day one – better preparing you for your chosen Monash bachelor degree. There are two streams to choose between:
Business stream – provides you with the foundational knowledge and skills you need to progress to a Bachelor of Business, where you will have the flexibility and opportunity to develop broad business knowledge as well as specialised expertise in one or two chosen areas of business practice. Alternatively, if you have a specific area of interest, this stream also provides the opportunity to progress to an specialised business degree, for example accounting, marketing, digital business or banking and finance degree.
Commerce stream – requires a higher level of mathematics and leads to the Bachelor of Commerce where you can study in areas such as economics, finance, actuarial studies and accounting.
In part 2 of this Diploma you’ll study the subjects equivalent to first-year University students and develop your specialist knowledge of business or commerce.
In the Diploma of Business, you can also select to undertake the Education stream, which upon completion allows you to progress to the Bachelor of Education (Honours) and Bachelor of Business double degree. During your studies in part 2, you will complete the same number of units as a single discipline diploma. You'll complete two education studies units and 10 days of professional work placement as part of your diploma.
Course structure
Part 1. Foundation knowledge48 credit points
a) You must complete the following six introductory core units (36 credit points)
MCD1010 Accounting for Business
MCD1690 Introductory Economics
MCD1520 Introduction to Academic Communication
MCD1090 Introduction to Marketing
MCD1380 Introductory Law
MCD1540 Intercultural Business Communication
b) You must complete one unit (from your chosen stream) (6 credit points)
MCD1550 Introductory Mathematics for Business (Business stream)
MCD1530 Functions and their Applications (Commerce stream)
c) You must complete one of the following units (6 credit points)
MCD1590 The Modern World
MCD1730 Foundations of 3D
MCD1280 Art and Design Theory A
Part 2. Discipline knowledge48 credit points
- Diploma of Business only, or
- Diploma of Business with Education stream
Diploma of Business only
48 credit pointsa) You must complete the following six preparation units (36 credit points)
MCD2020 Microeconomics
MCD2080 Business Statistics
MCD2040 Managing People and Organisations
MCD2050 Marketing 1: Theory and Practice
MCD2070 Business Law
MCD2170 Foundations of Finance
b) You must complete one of the following units (6 credit points)
MCD2150 Accounting for Managers
MCD2160 Introduction to Financial Accounting
c) You must complete one of the following units (6 credit points)
MCD2090 Macroeconomics
MCD2030 Managerial Communication
MCD2110 Marketing 2: Buyer Behaviour
MCD2140 Business Mathematics (Business stream)
MCD2130 Functions and their Applications (Commerce stream)
MCD4710 Introduction to Programming
Diploma of Business with Education stream
48 credit pointsa) You must complete the following four preparation units (24 credit points)
MCD2020 Microeconomics
MCD2080 Business Statistics
MCD2040 Managing People and Organisations
MCD2050 Marketing 1: Theory and Practice
b) You must complete one of the following accounting units (6 credit points)
MCD2150 Accounting for Managers
MCD2160 Introduction to Financial Accounting
c) You must complete one of the following business elective units (6 credit points)
MCD2090 Macroeconomics
MCD2030 Managerial Communication
d) You must complete one of the following combination of units (in your chosen education stream) (12 credit points)
Primary Education stream
MCD8012 English and literacies 1
MCD8030 Primary professional experience (0 points)
MCD8058 Learning to learn, learning to teach
Secondary Education stream
MCD8040 Secondary professional experience (0 points)
MCD8058 Learning to learn, learning to teach
MCD8059 Fostering classroom culture
The handbook's description of this structure
The course is structured in two parts: Part 1. Foundation knowledge and Part 2. Discipline knowledge.
Part 1: Foundation knowledge
In this part, across the first two trimesters, you will study eight core business units that provide the foundational knowledge in business with the opportunity to develop focus and prepare you to progress to part 2 in your chosen stream.
Part 2: Discipline knowledge
In this part, across your final two trimesters, you will study units equivalent to first-year university students and develop your specialist knowledge of business or commerce. In this part you will study eight units, comprising six core units and two elective units that align with your interests and the degree you wish to apply for.
In this part you also have the opportunity to complete Education studies stream, which allows you to develop foundational knowledge in either primary or secondary education. In the Education stream you will complete two education studies units and 10 days of professional work placement. Note: only the Business discipline in the Diploma of Business is available if you choose the Education stream.
The course comprises 96 points structured in two parts: Part 1. Foundation knowledge (48 points) and Part 2. Discipline knowledge (48 points).
Each unit is 6 credit points and students must complete:
Part 1: Foundation knowledge (48 points)
You must complete a), b) and c)
a) You must complete the following six introductory core units (36 points):
- MCD1010 Accounting for Business
- MCD1690 Introductory Economics
- MCD1520 Introduction to Academic Communication
- MCD1090 Introduction to Marketing
- MCD1380 Introductory Law
- MCD1540 Intercultural Business Communication
b) You must complete one unit (from your chosen stream) (6 points):
- MCD1550 Introductory Mathematics for Business (Business stream)
- MCD1530 Functions and their Applications (Commerce stream)
c) You must complete one of the following units (6 points):
- MCD1590 The Modern World
- MCD1730 Foundations of 3D
- MCD1280 Art and Design Theory A
Part 2: Discipline knowledge (48 points)
Diploma of Business only
You must complete a) and b) and c)
a) You must complete the following six preparation units (36 points):
- MCD2020 Microeconomics
- MCD2080 Business Statistics
- MCD2040 Managing People and Organisations
- MCD2050 Marketing 1: Theory and Practice
- MCD2070 Business Law
- MCD2170 Foundations of Finance
b) You must complete one of the following units (6 points):
- MCD2150 Accounting for Managers
- MCD2160 Introduction to Financial Accounting
c) You must complete one of the following units (6 points):
- MCD2090 Macroeconomics
- MCD2030 Managerial Communication
- MCD2110 Marketing 2: Buyer Behaviour
- MCD2140 Business Mathematics (Business stream)
- MCD2130 Functions and their Applications (Commerce stream)
- MCD4710 Introduction to Programming
Diploma of Business with Education stream
You must complete a) and b) and c) and d)
a) You must complete the following four preparation units (24 points):
- MCD2020 Microeconomics
- MCD2080 Business Statistics
- MCD2040 Managing People and Organisations
- MCD2050 Marketing 1: Theory and Practice
b) You must complete one of the following accounting units (6 points):
- MCD2150 Accounting for Managers
- MCD2160 Introduction to Financial Accounting
c) You must complete one of the following business elective units (6 points):
- MCD2090 Macroeconomics
- MCD2030 Managerial Communication
d) You must complete one of the following combination of units (in your chosen education stream) (12 points)
Primary Education stream
- MCD8012 English and literacies 1
- MCD8030 Primary professional experience (0 points)
- MCD8058 Learning to learn, learning to teach
Secondary Education stream
- MCD8040 Secondary professional experience (0 points)
- MCD8058 Learning to learn, learning to teach
- MCD8059 Fostering classroom culture
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
Demonstrate knowledge of technical and theoretical issues in a variety of Business theory and technical and language skills with depth in some areas.
- 2
Identify and communicate advice in a variety of Business disciplines to address problems in accord with management requirements.
- 3
Utilise technical skills to demonstrate understanding and problem solving in relation to Business issues involving diverse stakeholders.
- 4
Critically apply theoretical and technical skills to solve problems in relation to a range of Business disciplines.
- 5
Manage work priorities and coordinate the work of others in accord with parameters set by management.
Entry requirements
Guaranteed ATAR and selection rank
Part 1: 50 || Part 1A: 55 || Part 2: 62
Other applicants
Applicants must satisfy the English language requirements equivalent to the VCE English equivalent to the satisfactory completion of Australian year 11 maths.
English language
Part 1:
- IELTS (or equivalent): 5.5 (no band lower than 5.0)
- TOEFL Internet based score: 52 – Writing 15, Speaking 14, Listening and Reading 5
Part 2:
- IELTS (or equivalent): 6.0 (Writing not less than 6.0, no other band less than 5.5)
- TOEFL Internet based score: 69 – Writing 21, Speaking 14, Listening and Reading 5
More information
Progression to further studies
Once you have completed your Diploma with the required entry score and prerequisite requirements, you will have guaranteed entry into second year of a related undergraduate degree at Monash University.
Notes for students
- All teachers in Australia require a Working with Children's Check. You will need to apply for this during the first few weeks of your diploma.
- All applicants must sit an online Situational Judgement Test to be eligible for entry into this course. The test is designed to assess an applicant's personal and professional attributes. For more information visit the Faculty of Education's Situational Judgement Test website.
- Successful completion of the Literacy and Numeracy Test is a requirement of the Education double degree. We will help you prepare, so you can choose to sit the test while at Monash College or once you are at Monash University. Find out more information about the Literacy and Numeracy Test.
This Diploma includes 10 days of professional experience (usually during Trimester 2). You will be enrolled into MCD8030 Primary Professional Experiences OR MCD8040 Secondary Professional Experiences based on your specialisation in education.
Other information
The Diploma of Business is your first step towards completing your Monash Business or Commerce related degree. You’ll learn how to work independently, think critically and make analytical decisions, while being introduced to the business concepts and theory you'll need for University.
You can choose your area of interest from day one – better preparing you for your chosen Monash bachelor degree. There are two streams to choose between:
Business stream – provides you with the foundational knowledge and skills you need to progress to a Bachelor of Business, where you will have the flexibility and opportunity to develop broad business knowledge as well as specialised expertise in one or two chosen areas of business practice. Alternatively, if you have a specific area of interest, this stream also provides the opportunity to progress to a specialised business degree, for example accounting, marketing, digital business or banking and finance degree.
Commerce stream – requires a higher level of mathematics and leads to the Bachelor of Commerce where you can study in areas such as economics, finance, actuarial studies and accounting.
In part 2 of this Diploma you’ll study the subjects equivalent to first-year University students and develop your specialist knowledge of business or commerce.
In the Diploma of Business, you can also select to undertake the Education stream, which upon completion allows you to progress to the Bachelor of Education (Honours) and Bachelor of Business double degree. During your studies in part 2, you will complete the same number of units as a single discipline diploma. You'll complete two education studies units and 10 days of professional work placement as part of your diploma.
Common questions
How long is Diploma of Business?
2 years full time, 96 credit points. At 24 credit points a semester, that is 4 semesters of full-time study.
What ATAR do I need for Diploma of Business?
The guaranteed ATAR listed for 2026 entry is Part 1: 50 || Part 1A: 55 || Part 2: 62.
Where can I study Diploma of Business?
At City (Melbourne).
How do I plan my Diploma of 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.