Course description
First year subjects
Introductory Macroeconomics
Introductory Microeconomics
Quantitative Methods 1
Finance 1
Second year subjects
Organisational Behaviour
Introductory Econometrics or Quantitative Methods 2
Business Finance
Third year subjects
Investments
Corporate Finance
Derivative Securities
The Bachelor of Commerce exposes students to a wide variety of business disciplines. Students usually choose their major at the beginning of the second year of study, giving them an opportunity to explore a range of disciplines before having to choose a major. Students intending to major in accounting and actuarial studies will need to choose the required subjects from their first year.
What is a major?
A major refers to following a sequence of subjects in a particular discipline from an introductory level through to an advanced level. To complete a major in the core, a student must complete three specified level-three subjects (these are usually subjects that a student would study in their third and final year of the degree). Level-three subjects require a student to have completed the relevant level-one and level-two (i.e. first and second year) subjects.
Majors available
Students must complete at least one major from the core program. The following majors are available:
* Accounting
* Actuarial Studies
* Business
* Economics
* Finance
* Management
* Marketing
Major in Business
Students who prefer to take subjects from more than one field of study can do so by completing a business major. A business major consists of six level-3 subjects from three or more fields of study within the core program.
Double majors
It is possible to complete a double major in the Bachelor of Commerce. Students are able to combine:
* accounting (including full accreditation) with finance OR management OR marketing
* finance with accounting (including full accreditation) OR economics OR management OR marketing
* economics with finance OR management OR marketing
* management with accounting (including full accreditation) OR economics OR finance OR marketing
* marketing with accounting (including full accreditation) OR economics OR finance OR management.
In 2009, the University of Melbourne has become a CFA Program Partner of CFA Institute, the global association for investment professionals that awards the prestigious CFA® designation.
The partnership means that the finance major in the Bachelor of Commerce covers 70 percent of the Level I CBOK topics including the CFA Institute ethical and professional standards. Recognition as a CFA Program Partner signals to potential students, employers, and the marketplace that the university curriculum is closely tied to professional practice and is well suited to preparing students to sit for the CFA exams.
As part of the partnership, students in the partnering programs are entitled for scholarships, access to CFA Institute curriculums, journals, webcasts, and other educational resources, and each student will have access to a specially prepared online Level I sample exam.
