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Undergraduate Programs

Feeling a bit confused about what it all means? We'll help you decipher the options by busting the university jargon.

Undergraduate degrees

An undergraduate degree (or undergraduate course) is the first level of study you undertake as a university student. For example, the Bachelor of Business and Bachelor of Commerce are both undergraduate degrees. Many universities use course and degree interchangeably (they both mean the same thing).

Comprehensive course

Our comprehensive courses (Bachelor of Business and Bachelor of Commerce) are designed to offer choice and flexibility across a broad range of majors. This gives you the option to 'try' different areas of study in your first year, before focusing on a particular area of study you move through your course.

Specialist course

A specialist course enables you to concentrate on a particular area of study from day one, giving you the focus and depth required for entry into professional practice. A specialist course allows to you study a 'specialisation', which is a minimum of 12 units of study in a particular discipline (such as accounting, actuarial science or marketing). In a specialist course you must declare your specialisation upon enrolment, and you will graduate with an award in the area you've chosen.

For example, if you enrol in a Bachelor of Commerce Specialist with a specialisation in Actuarial Science, you will graduate with a Bachelor of Actuarial Science.

If you enrol in a Bachelor of Business Specialist with a specialisation in Accounting, you will graduate with a Bachelor of Accounting.

Contact hours

The number of hours you are expected to attend classes, for example, lectures, tutorials and workshops.

Course

A course refers to the entire programme of studies required to complete your university degree.

Course structure

A typical single degree course is made up of 24 units over three years.

A typical double degree course is made up of 32 units over four years.

A full-time student will study four units per semester (eight units per year).

A comprehensive course is made up of core units, major units and elective units, and a specialist course is made up of core units, specialisation units and electives. The number of core and elective units available in your course structure will vary, depending on whether you choose a comprehensive or specialist degree:

  • In our comprehensive courses you can use your elective units to study a second major. You can also use your elective units to study abroad or undertake an internship. 
  • In our specialist courses you can use your elective units to study major or minor in another discipline. You can also use your elective units to study abroad or undertake an internship.

After you enrol at Monash Business School, you will meet with a student services advisor who will help you choose your units, and provide advice on which units are best for you based on your interests and career goals.

Credit points

A credit point is the unit of value that makes up the requirements of your degree.

For example, to achieve a Bachelor of Commerce, you must complete 144 credit points. You earn credit points for each unit you undertake (most units are worth six credit points, some are worth more).

Disciplines

Discipline is the term used for study areas, or subjects, within a faculty or school. For example, marketing, accounting, economics and marketing are all disciplines taught by Monash Business School.

Double degree

A double degree is where you study two degrees at the same time.

This allows you to study more than one area and be awarded two qualifications in less time than completing the degrees separately.

For example, if you enrol in a Bachelor of Commerce/Bachelor of Engineering double degree you will graduate with two degrees, one in commerce and one in engineering, and you will be qualified to work in either area.

Double major

A double major is where you study two different majors as part of your degree. This allows you to study in multiple discipline areas as part of your degree.

For example, you can study a double major in business or commerce, such as accounting and marketing, or accounting and finance. Or you can study one major in business/commerce and another in a discipline from another faculty in the university, for example accounting and a language, or economics (Business) and politics (Arts).

In a double major you will study eight units from each discipline area and develop strong knowledge in both fields, but you will only graduate with one degree.

Electives

Electives are units that you can pick based on your interests or career goals. In most degrees you can choose elective units offered by any faculty across the university.

You can also use your elective units to study overseas, undertake an internship, or study a second major. Our comprehensive degrees each include eight elective units.

Internship/industry-based learning

An internship (or industry-based leaning placement) is part of Monash University's Work Integrated Learning programs, and is a temporary work placement within a company.

Internships can vary from three to 12 months and can be paid or unpaid depending on the organisation. Internship electives are available in many of our degrees.

Internships are a great way for you to get practical experience before you graduate. Many of our students have received job offers from the organisations they intern with.

Major

A major is a sequence of eight units that make up the area of specialisation in your degree.

Within each major there is usually a mix of units you can pick and choose from, based on your interests and career goals.

Monash Business School offers more than 20 majors across its undergraduate programs.

Prerequisites

Prerequisites are the requirements, apart from your ATAR, that you must complete to gain admission to a course.

These are usually expressed as achievements in particular Year 11 and Year 12 subjects; for example, a minimum maths requirement and a minimum English requirement.

Units

Units are the subjects that make up your degree.

Specialisation

A specialisation is a sequence of 12 or more units that make up the main area of study in your degree.
A specialisation provides a more in-depth education in a field of study than a major because you study more units.

Monash Business School offers specialisations in:

  • Accounting
  • Actuarial Science
  • Banking and Finance
  • Economics
  • Finance
  • International Business
  • Marketing

These specialisations are available in our undergraduate specialist courses.