9. Bachelor of Commerce (Honours)
9.1. Combined course students and eligibility for honours
9.2. Accounting
9.2.1. Third year
9.2.2. Fourth year (honours year)
9.3. Actuarial studies
9.3.1. Level-3 requirements
9.3.2. Fourth year (honours year)
9.4. Economics
9.4.1. Level-3 requirements
9.4.2. Fourth year (honours year)
9.5. Finance
9.5.1. Level-3 requirements
9.5.2. Fourth year (honours year)
9.6. Management
9.6.1. Level-3 requirements
9.6.2. Fourth year (honours year)
9.7. Combined honours programs
9.7.1. Level-3 requirements
9.7.1.1. Accounting
9.7.1.2. Economics
9.7.1.3. Finance
9.7.1.4. Management
9.7.2. Fourth year (honours year) requirements
9.7.2.1. Accounting
9.7.2.2. Economics
9.7.2.3. Finance
9.7.2.4. Management
Students who have reached the required standard must make a formal application to the General Manager for admission to fourth year honours. Those who seek entry to fourth year honours must ascertain from the head of the relevant department whether any additional work or special subjects will be required at third year level. If planning to change specialisation, students should consult the head of the appropriate department for advice on any required additional work. The Bachelor of Commerce (Honours) is offered for full time, Semester 1 entry only.
To be eligible for consideration applicants must have:
completed the requirements of the pass degree (combined course students see Combined course students and eligibility for honours also)
achieved an average mark of H2B in at least four subjects at level-3 in the intended area of specialisation (including subjects nominated by the department as relevant to the discipline).
achieved a mark of H2B or better in three of the four subjects.
Selection into honours is at the discretion of the relevant Head of Department. Some departments will impose a quota on the number of places available in their respective honours programs. In these instances the criteria listed below refers to the minimum level of achievement required to be considered for entry.
Intending honours students should lodge a formal application with the General Manager, using the form obtainable from the faculty office, no later than the last Friday of November.
To be eligible for entry to the Bachelor of Commerce (Honours) students undertaking a BA/BCom, BA(M&C)/BCom, BAgSc/BCom, BAg/BCom, BE/BCom, BForSc/BCom, BFor/BCom, BCom/BIS, BCom/BSc or BPC/BCom must have either completed the requirements for the combined degree (i.e. completed 500 points and satisfied the minimum requirements of the BCom and the other component of the combined degree) or completed at least 300 points within which the normal BCom requirements are met. That is:
at least 200 points of commerce subjects have been completed;
between 87.5 and 125 level-1 points have been completed, of which at least 50 points are commerce;
at least 75 level-3 points have been completed, of which at least 50 points are commerce.
Commerce/law students intending to undertake commerce (honours) must complete 75 level-3 commerce points if they wish to gain entry to honours in their fourth year of study. Commerce/Law students should consult a commerce course adviser if they intend varying the standard course structure for the Combined commerce/law degree.
In addition combined course students must have:
achieved an average mark of H2B in at least four subjects at level-3 in the intended area of specialisation (including subjects nominated by the department as relevant to the discipline);
achieved a mark of H2B or better in three of the four subjects.
To be eligible for admission to honours in accounting, students must have satisfied the requirements of the pass degree and must have achieved a grade average of H2B in at least four level-3 subjects offered within the Faculty of Economics and Commerce. In addition, three of the four subjects must be from the Department of Accounting, at least two of them core, with a mark of H2B or better.
Core subjects
306-302 Enterprise Performance Management (previously titled Managerial Accounting);
Electives
In addition students should complete either 316-316 Basic Econometrics or 316-317 Econometrics.
Selection into honours is at the discretion of the Head of the Department of Accounting.
Students are required to study the equivalent of eight subjects (100 points) in fourth year honours. Students must take the following subjects:
plus two of the following four subjects:
In addition students must take three other level-4 optional subjects or one level-3 and two level-4 subjects as approved by the Head of the Department of Accounting.
To be eligible for admission to honours in actuarial studies students must have:
satisfied the requirements for the pass degree;
achieved a grade average of at least H2B over four relevant subjects at level-3 (a list of relevant subjects is available from the Centre for Actuarial Studies);
achieved a grade of at least H2B in three of these subjects of which at least two must be level-3 actuarial studies subjects.
Selection into honours is at the discretion of the Director of the Centre for Actuarial Studies.
Students are required to study the equivalent of eight subjects (100 points) in fourth year honours. Students must complete the following subjects:
37.5 points of level-4 actuarial studies subjects;
12.5 points of level-4 subjects taught by the Faculty of Economics and Commerce;
25 points of approved level-3 or level-4 subjects taught within or outside the Faculty of Economics and Commerce.
To be eligible for admission to honours in economics students must have satisfied the requirements of the pass degree and they should complete:
another level-3 economics subject (prefix 316) or other approved subject.
Normally students should have achieved an average grade of H2B in at least four economics subjects at level-3 and have achieved a grade average of H2B or better in three of the four subjects.
Students are strongly advised to give early consideration to a topic for their fourth year research essay. They should obtain approval for it from an adviser by the start of fourth year.
Selection into honours is at the discretion of the Head of the Department of Economics.
Students are required to study the equivalent of eight subjects (100 points) in fourth year honours. Students must undertake the following subjects:
By the end of the honours year students must have completed at least one level-3 or level-4 econometrics subject in addition to
316-316 Basic Econometrics or 316-317 Econometrics (namely one of 316-318 Applied Microeconometric Modelling, 316-350 Time Series Analysis and Forecasting, 316-401 Microeconometrics, 316-449 Financial Econometrics or 316-470 Econometric Techniques);
Three other subjects (if the econometrics requirement has been satisfied in third year then four other subjects), normally level-4 economics subjects.
Students may chose up to two level-3 economics subjects (to include an econometrics subject) and one subject from another department within the University with the honours convenor's approval.
Students who take 316-469 Financial Economics cannot include 316-351 Economics of Financial Markets in their final honours year program.
To be eligible for admission to honours in finance students must have completed the requirements of the pass degree, must have achieved an average grade of H2B in at least four subjects offered within the Faculty of Economics and Commerce and must have achieved an H2B in at least three of the four subjects. These subjects must include:
Students must also have passed 316-316 Basic Econometrics or 316-317 Econometrics.
Selection into honours is at the discretion of the Head of the Department of Finance. Students should note that a quota will be applied to the number of places available for honours in finance.
Students are required to complete the equivalent of eight subjects (100 points) Students must complete the following:
25 points of subjects taught by the Department of Finance;
25 points of subjects taught within or outside the Faculty of Economics and commerce as approved by the Head of the Department of Finance.
Level-3 subjects may not be taken with the exception of 316-350 Time Series Analysis and Forecasting and normally no more than 12.5 points can be taken from level-3 or level-8 subjects.
To be eligible for honours in management students must have completed the requirements of the pass degree, must have achieved an average grade of H2B in at least four level-3 management subjects and must have achieved an H2B in at least three of the four subjects.
Selection into honours is at the discretion of the Head of the Department of Management. Students should note that a quota will be applied to the number of places available for honours in management.
Students are required to study the equivalent of eight subjects (100 points) in fourth year honours year. Students are required to take the following:
The remaining five subjects may be selected from the list of level-4 subjects taught by the Department of Management.
Students may also include up to two subjects taught by the Faculty of Economics and Commerce or other faculty as approved by the Head of Department. No more than two level-3 subjects can be included in the program of study.
If students wish to specialise they will be advised regarding a customised program of study in their particular area of interest.
Students may undertake a combined honours program across two disciplines within the faculty. For example honours in economics/finance or accounting/management.
Requirements for entry to a combined honours program where one discipline is:
Three of the following subjects, including at least one core subject:
Core subjects
Elective subjects
306-320 Knowledge Management Systems (previously titled 306-332 Special Topics in Accounting)
Three level-3 Economics subjects (316-3XX) including at least two of the following:
333-301 Investments, 333-302 Corporate Finance and either 316-316 Basic Econometrics or 316-317 Econometrics
Three level-3 management subjects (325-3XX).
All students will undertake a research essay in one of accounting, economics, finance or management plus the following subjects from the relevant discipline for the combined honours program. Up to one level-3 subject may be included in a combined honours program as approved by the relevant honours convenor.
Students undertaking 306-467 Research Essay in Accounting must also enrol in 306-466 Research Methods In Accounting and two of the following subjects:
students undertaking the research essay in another discipline must take three accounting subjects as approved by the Department of Accounting
Students undertaking 316-475 Economics Research Essay must also enrol in three other level-4 Economics subjects (316-4XX); or
Students undertaking the research essay in another discipline must enrol in three level-4 economics subjects with the exception of 316-475 Economics Research Essay.
Students undertaking 333-410 Finance Research Essay must also enrol in 333-404 Research Methods in Finance and two level-4/8 Finance subjects as approved by the Head of the Department of Finance. or
Students undertaking the research essay in another discipline must also enrol in the following:
333-618 Option Pricing
325-407 Advanced Management Theory and two other level-4 management subjects (325-4XX).
Status: Official 2002 Last Modified: Tuesday May 07 22:11 SGML to HTML Conversion: Information Technology Services Authorised by: Academic Registrar Email Enquiries: Course_Information@registrar.unimelb.edu.au