Banner

Undergraduate Programs

Many Monash Business School undergraduate degrees enable graduates to satisfy educational requirements of professional registration or membership.

All students should ensure that the units they take are those required for the profession of their choice. Advice on unit selection is available from course advisors.

Students are advised to contact professional bodies directly regarding membership and entrance requirements. Relevant double degrees may enable graduates to be eligible for membership of more than one professional body, which may not be listed below.

Students granted credits are advised that each professional body reserves the right to reject an application for membership if the credit is not in accordance with its guidelines.

Accounting

Students undertaking studies in Accounting at an undergraduate level may be eligible for various levels of membership or entry to the following professional bodies:

Eligible courses include:

2014 and prior

  • Bachelor of Accounting
  • Bachelor of Business
  • Bachelor of Business (Accounting)
  • Bachelor of Business and Commerce
  • Bachelor of Commerce
  • Bachelor of Commerce (Accounting) 
  • Bachelor of Commerce (Accounting and Finance)
  • Bachelor of Commerce Scholars Program

From 2015

  • Bachelor of Business
  • Bachelor of Business Administration
  • Bachelor of Business Specialist (Accounting or International Business specialisations)
  • Bachelor of Commerce

Actuarial studies

Students undertaking an undergraduate Actuarial studies major or specialisation may be eligible for exemptions for Part 1 subjects of the Institute of Actuaries of Australia, through the Monash Actuarial Program.

Exemption requirements

Exemption for each CT subject will be based on sufficient grades in one or more of the Monash units, as listed below. You must take all units relevant to a CT subject. For Part I exemptions, where only one unit is listed you must achieve a distinction grade in that unit. Where two or more units are listed you must achieve an overall weighted average distinction grade, with a minimum of a credit in each unit. Part II exemptions require an overall weighted average high distinction grade.Where two or three units are required for exemption in any CT subject, final marks in those units will be weighted to assess the overall result. Current weighting percentages are shown below:

CT Subject Monash Unit
CT1 BFC2340
CT2 not applicable
CT3 ETC1000 (25%) and ETC2520 (75%) or MTH2222 (50%) and MTH2232 (50%)
CT4 ETC2430 (35%) and ETC3430 (65%)
CT5 ETC3530 (65%) and ETC2430 (35%)
CT6 ETC3420 (50%) and ETC2420 (50%)
CT7 ECC1000 (55%) and ECC1100 (45%)
CT8 ETC3460 (50%) and ETC3510 (50%)
Part II Honours or Postgraduate level studies
IIA ETC4110 and ETC4120
IIB ETC4130

Studies at an honours or postgraduate level may also enable graduates to receive exemptions for Part II subjects of the Institute of Actuaries of Australia.

Students seeking exemption from Actuaries Institute subjects should complete the exemption recognition form and submit it together with a copy of their official academic transcript to the Director of Actuarial Studies, Associate Professor Colin O'Hare.

Eligible courses include:

2011 to 2014

  • Bachelor of Commerce
  • Bachelor of Commerce Scholars Program
  • Bachelor of Economics
  • Associated double degrees

From 2015

  • Bachelor of Commerce
  • Bachelor of Commerce Specialist (Actuarial Science specialisation)
  • Associated double degrees

Banking and finance

Membership of the Financial Services Institute of Australasia (FINSIA)

Students undertaking any course offered by the Monash Business School may be eligible for membership of FINSIA. Students should contact FINSIA directly for more information.

CFA Program of the CFA Institute

Students undertaking any course offered by the Monash Business School may be eligible for entry to the CFA Program. Students should contact CFA Institute directly for more information.

Eligible courses include:

2014 and prior

  • Bachelor of Accounting
  • Bachelor of Business
  • Bachelor of Business (Accounting)
  • Bachelor of Business (Banking and finance)
  • Bachelor of Business and Commerce
  • Bachelor of Commerce
  • Bachelor of Commerce (Accounting)
  • Bachelor of Commerce (Accounting and finance)
  • Bachelor of Commerce Scholars Program
  • And associated double degrees

From 2015 

  • Bachelor of Commerce
  • Bachelor of Commerce Specialist (Finance specialisation)
  • Associated double degrees

Human resource management

Australian Human Resources Institute (AHRI) 

Students undertaking any course offered by the Monash Business School may be eligible for entry to the AHRI. Students should contact AHRI directly for more information.

Eligible courses include:

  • Bachelor of Business
  • Associated double degrees

Management

Member status with the Australian Institute of Management (AIM) 

Current students and graduates with a major in management may apply for Member, Associate Fellow, Fellow or Student membership with the AIM

Eligible courses include:

2014 and prior

  • Bachelor of Business
  • Bachelor of Commerce
  • Bachelor of Business and Commerce
  • Bachelor of Commerce Scholars program
  • Bachelor of Business (Management) and Bachelor of Business (Marketing)
  • And associated double degrees

From 2015

  • Bachelor of Business
  • Associated double degrees

Marketing

Australian Marketing Institute (AMI)

Associate membership of the Australian Marketing Institute (AMI) may be available to Monash Business School graduates at the special graduate rate.  Students graduating with either a marketing major or specialisation may be eligible for entry to the CPM. Students should contact AMI directly for more information.

Eligible courses include:

2014 and prior

  • Bachelor of Business
  • Bachelor of Commerce
  • Bachelor of Business and Commerce
  • Bachelor of Commerce Scholars program
  • Bachelor of Business (Marketing)
  • Bachelor of Business (Management) and Bachelor of Business (Marketing)
  • Associated double degrees

From 2015

  • Bachelor of Business
  • Bachelor of Business Specialist (Marketing specialisation)
  • Bachelor of Business Administration
  • Bachelor of Commerce
  • Associated double degrees

In 2016 the Bachelor of Marketing was accredited by the Australian Marketing Institute (AMI).

Taxation

Registering as a Tax Agent with the Tax Practitioners Board may be possible following completion of a Monash Business School degree.  Students should refer to the Tax Practitioners Board for more information.

The following units have been added to the qualifications list on the Tax Practitioners Board website as introductory Australian taxation law subjects:

Eligible courses include:

2014 and prior

  • Bachelor of Business (Law)
  • Bachelor of Business and Commerce
  • Bachelor of Business
  • Bachelor of Commerce
  • Bachelor of Commerce Scholars program
  • Associated double degrees

From 2015

  • Bachelor of Business
  • Associated double degrees