COMMERCE 2019 - University of Melbourne

Page created by Maurice Fowler
 
CONTINUE READING
COMMERCE 2019 - University of Melbourne
CO M M E R C E
        2019
COMMERCE 2019 - University of Melbourne
“The University has allowed me to engage with
                                                      like-minded and passionate professionals in
                                                     their field, both in Australia and abroad. I feel
                                                  that when I do graduate, I’m leaving with a well-
                                                 rounded, global outlook and foundation that will
                                                                   support me in my chosen career.”
                                                                             Jessica Lu (Australia)
                                                                             Bachelor of Commerce
                                                                           (Economics and Finance)
                                                                                      (cover image)

    CONTENTS

    Why commerce?                            3
    Prepare for every future                 4
    Bachelor of Commerce                     6
     Accounting                              8
     Actuarial Studies                       9
     Business                               10
     Economics                              11
     Finance                                12
     Management                             13
     Marketing                              14
    Concurrent diplomas                     15
    Your network                            16
    Our alumni                              17
    Enhance your study                      18
    Scholarships                            20
    Access Melbourne                        21
    Commerce scholarships (domestic)        22
    Commerce scholarships (international)   23
    Your career                             24
    Your next steps                         26
    Pathways to professional careers        27
    Admissions                              28
    Entry requirements                      29                               The Spot (pictured) is home to the
    Get started now                         30                              Faculty of Business and Economics.

2
COMMERCE 2019 - University of Melbourne
WHY COMMERCE?

A commerce degree equips
you with the skills to solve key
business challenges and make a
difference to society, policy and
organisations.

Whether your aim is to work for a large
financial consultancy, a tech startup or
a social enterprise, studying commerce
teaches you how to operate in the modern
business world and provides you with a
global qualification. The skills you learn in
commerce will be with you for life.

Commerce enables you to gain
transferable skills which are in demand
in every industry – including strategic
planning, economic and accounting
practice, customer relationship
management, financial decision-
making, operations management,
entrepreneurship and marketing.
This strong and diverse skills base sets
you up for a range of careers.

Imagine studying Commerce, majoring
in Economics, and getting experience
as a journalism intern for The Economist,
all before starting your career as an
econometrician – someone who builds,
simulates and tweaks macroeconomic
models – for the Australian Treasury and
the Reserve Bank of Australia. You then
move to San Francisco to start your own
tech service company that uses data
science and analytics to solve problems
in industries like pharmaceuticals,
financial services and energy – a
company so successful it is eventually
acquired by Google. This is the path of
Anthony Goldbloom, CEO of Kaggle.com
and Melbourne Commerce graduate.

                                                “I started my entrepreneurial journey at Melbourne Uni
                                                    and I’ll always be grateful for the time I spent there.”
                                                                     Anthony Goldbloom (Australia)
                                                                   Bachelor of Commerce (Economics)
                                                                                       Graduated 2006
                                                       Founder and Chief Executive Officer, Kaggle.com

                                                                                                               3
COMMERCE 2019 - University of Melbourne
PREPARE FOR
    EVERY FUTURE

    The Melbourne Model is designed
    to help you maximise your
    strengths, discover new ones and
    stand out in the workplace.

    You’ll start with an undergraduate
    degree, developing a deep understanding
    of your chosen area of interest and a
    breadth of knowledge across multiple
    disciplines. On graduation you can enter
    the workforce, or progress to one of over
    400 specialised graduate programs.

    The Melbourne Model is as unique as you.
    It lets you design your own study path
    while developing the knowledge, skills
    and interdisciplinary perspectives you
    need to thrive in every kind of future.

    The System Garden, Parkville campus.

4
COMMERCE 2019 - University of Melbourne
YOUR UNDERGRADUATE                                              YOUR MAJOR                                                  YOUR NEXT STEPS
DEGREE                                                          Your major is your chosen specialisation                    After you finish your Commerce degree,
Your peers have worked hard for entry into                      that you’ll focus on throughout your                        you can choose to join the workforce, or
one of the world’s best universities. You                       degree. In your first year you’ll be able                   go on to further study at graduate level.
will be inspired, encouraged and driven to                      to try a few different study areas before
                                                                deciding on your major. You can choose to                   Choose graduate study and you’ll
achieve by our academics. You’ll be part of
                                                                study one or two majors. There are seven                    get the full benefit of the Melbourne
the renowned intellectual community of
                                                                majors to choose from – delve into the                      graduate school experience by studying
Melbourne, cultural capital of Australia and
                                                                following pages to explore your options!                    intensively, in small classes led by experts
one of the world’s most vibrant and diverse
                                                                                                                            and alongside others who share your
business hubs. You’ll have the opportunity
                                                                                                                            deep interests and desire to succeed.
to explore a wide range of business
disciplines and specialise in one or two of
                                                                YOUR BREADTH STUDIES
                                                                                                                            Your graduate degree will be
the seven study areas on offer.                                 Breadth is a unique feature of the                          internationally recognisable, setting you
                                                                Melbourne Model. It gives you the chance                    apart from those who study a traditional
                                                                to explore subjects outside your core area                  Australian single or double degree.
YOUR CONNECTIONS                                                of study, developing new perspectives and
The Melbourne Model connects students                           learning to collaborate with others who                     See page 26 to find out where your
with each other, the University community                       have different strengths and interests –                    degree could lead.
and the wider world. You will be surrounded                     just as you will in your future career.
by other highly motivated students who will
                                                                Some of our students use breadth to
inspire you to take on new challenges and
                                                                explore creative interests or topics they
push yourself to a higher level.
                                                                have always been curious about. Others
We encourage every student to engage                            use breadth to improve their career
with organisations outside the University,                      prospects by complementing their major
through internships with business and                           with a language, communication skills or
community groups, applied research                              scientific expertise. Many discover new
projects and overseas study programs.                           passions through breadth, and some
                                                                even change their career plans!
Our graduates are in demand. We are
ranked 7th in the world for graduate                            ‘Breadth tracks’ (a series of breadth
employability.Q More than 250 Australian                        subjects taken throughout your degree)
and international organisations –                               might qualify you for graduate study in a
consulting and technology firms,                                field that’s very different to your major.
government and industry – actively recruit
                                                                There are hundreds of breadth
on campus each year.
                                                                tracks to explore. See pages 8–14 for
                                                                more examples of what you could do
                                                                with breadth.

M E L B O U R N E M O D E L G R A D U AT E S :
••    ARE HIGHLY SATISFIED WITH THEIR TEACHERS
••    DEVELOP ANALYTICAL PROBLEM-SOLVING SKILLS
••    EARN MORE W AND BELIEVE THEY ARE PAID AND RECOGNISED FAIRLY
••    ENJOY THE WORK THEY DO
••    BELIEVE THEIR JOBS MAKE A POSITIVE CONTRIBUTION
••    ARE SATISFIED WITH THEIR LEVEL OF RESPONSIBILITY AT WORK
••    VOLUNTEER AND GET INVOLVED
University of Melbourne Career Outcomes Survey 2017

Q QS Graduate Employability Rankings 2018.
W $26 000 difference in annual salary between holders of a graduate vs bachelors degree. Graduate Careers Australia 2015.

                                                                                                                                                                           5
COMMERCE 2019 - University of Melbourne
BACHELOR OF
    COMMERCE
                                                                                                        70% of BCom graduates are
                                                                                                       employed full time within the first
                                                                                                        four months after graduating.
                                                                                                                            – Graduate Outcome Survey 2017

    The Bachelor of Commerce is an                                  COURSE STRUCTURE                                                 CAPSTONE STUDIES
    ideal pathway to a global career                                                                                                 Capstone studies, taken in third year, give
    in a variety of industries in the                                                                                                you a feel for working in industry and
                                                                         B AC HELO R O F CO M M ERC E
    business, government and not-for-                                       24 SU BJECTS ( 8 PER Y EA R )                            help you develop your practical business
    profit sectors.                                                                                                                  skills and networks. Examples include:

    You’ll build expansive foundational                                                                                              Management Consulting
                                                                         COMP U LS O RY S U BJ ECTS                                  As part of a multidisciplinary team, work
    knowledge through core program content
                                                                             7 CO R E S U BJ E CTS TO COV E R
    before specialising in up to two major                                   COM M E R C E F U N DA M E N TA LS                      with a Melbourne-based client on a real
    areas of study. Breadth study will allow                                                                                         business project over the semester. Past
    you to explore diverse areas of interest,                                                                                        students have worked with clients in a
    broaden your graduate abilities, and tailor                                                                                      range of industries and organisations,
                                                                           MAJ O R A N D EL ECT I V E
    your degree to your chosen career path.                                                                                          from large Australian and multinational
                                                                                 S U BJ ECTS                                         companies to niche agencies and not-for-
    The course consists of 24 subjects,                                  1 1 –1 3 S U BJ E CTS TO D E E P E N YO U R
                                                                                CO M M E R C E K N O WL E D G E                      profit organisations.
    usually taken over three years of full-
    time study. You will learn from academic                                                                                         Global Management Consulting
    experts and enjoy enrichment programs                                                                                            Travel overseas and work with a client
    including career mentoring, student                                      BREA DT H S U BJ ECTS
                                                                                                                                     on a two-week consulting project. Past
    clubs, leadership programs, local and                                        4– 6 S U BJ E CTS F R O M
                                                                            N ON - CO M M E R C E D I S C I P L I N E S              students have completed projects in
    international case competitions and                                                                                              industries such as banking, advertising,
    overseas study opportunities.                                                                                                    entertainment, construction,
                                                                                                                                     professional and consumer services,
    Commerce graduates are highly sought                                                                                             and insurance.
    after by industry. Our alumni work in                           MAJORS
    roles from graduate to senior manager                                                                                            Business Judgement
    level in companies ranging from startups                        You’ll graduate with at least one major,
                                                                                                                                     This subject will integrate your
    to large multinationals and major finance                       which is a sequence of subjects you
                                                                                                                                     knowledge of core business functions
    consultancies.                                                  would complete across your degree.
                                                                                                                                     and analytical tools, which you’ll
                                                                    Completing a major indicates that you
    Commerce offers you:                                                                                                             apply to the issues faced by modern
                                                                    are a specialist in that particular
                                                                                                                                     organisations and decision-makers.
                                                                    discipline. The Bachelor of Commerce
    ••   A flexible course structure                                                                                                 You’ll be challenged to form and act upon
                                                                    offers seven majors:
    ••   Strong career outcomes                                                                                                      judgements around strategic directions,
                                                                    ••    Accounting                                                 marketing priorities and entrepreneurial
    ••   Professional accreditation options                                                                                          opportunities, through simulation tasks
         Unique student experiences                                 ••    Actuarial Studies
    ••                                                                                                                               and case analyses.
    ••   Access to scholarships.                                    ••    Business
                                                                    ••    Economics
                                                                    ••    Finance
                                                                    ••    Management
                                                                    ••    Marketing.
                                                                    If you wish to study a double major, you
                                                                    can combine any two of Accounting,
                                                                    Economics, Finance, Marketing and
                                                                    Management.

    Q It may be possible to combine Actuarial Studies (with limited accreditation) and a second major. However, there may be restrictions on the choice of your second major and
      you may not be able to meet entry requirements for honours. The Business major is taken as a single major due to the combination of subjects required for completion.

6
COMMERCE 2019 - University of Melbourne
“By surrounding myself with such passionate,
intelligent and ambitious peers, I was able to cultivate
  a belief that no challenge was beyond me. As I heard
    of all the impressive achievements my friends were
 accomplishing, I too felt inspired to take control of my
            University experience and challenge myself.”
                              James Clements (Australia)
                                   Bachelor of Commerce
                                 (Economics and Finance)

                  BACH E LO R
                  O F CO MME RCE
                  Duration
                  3 years full time
                  Part time available (domestic students only)

                  Campus
                  Parkville

                  Entry requirements
                  February (Semester 1) or
                  July (Semester 2)Q

                  Domestic students
                  Minimum entry 2019: ATAR 93.00, IB 36
                  Alternative entry:
                  See Access Melbourne, page 21.
                  Guaranteed entry:
                  If you’re a domestic student, satisfy course
                  prerequisites and achieve an ATAR of 95.00
                  or above, you will be guaranteed a place in
                  the Bachelor of Commerce in 2019.

                  International students
                  International applicants will need to
                  meet the academic admission and
                  English language requirements. Visit:
                  futurestudents.unimelb.edu.au

                  Prerequisite subject study areas
                  English and mathematics
                  For full details of entry requirements and
                  information for other qualifications visit:
                  coursesearch.unimelb.edu.au

                  Contact hours (first year, full time)
                  Approximately 20 hours per week, plus
                  independent study time of approximately
                  20 hours per week
                  CRICOS: 002143B

                  Q Your course plan will be different if you are commencing in
                    Semester 2. A number of majors or specialisations within
                    some majors cannot be completed within three years from
                    a mid-year start date due to subject availability. You should
                    pay close attention to prerequisite subjects and when they
                    are offered to avoid any unnecessary delays to your course.

                                                                                    7
COMMERCE 2019 - University of Melbourne
ACCOUNTING
                                                                                       #1 in Australia and #10 in the world
                                                                                                          for Accounting and Finance
                                                                                                            – QS World University Rankings by Subject 2018

    Accounting is the ‘language of business’, informing management decision-making and the allocation
    of resources. It provides the tools to measure and express firm performance and valuation.

    Professional accountants operate in an                            PROFESSIONAL
    increasingly complex and sophisticated
                                                                      RECOGNITION                                                             ACCOUNTING CAREERS
    field and are valued in every industry.
    Because they act as strategic advisers and                        Commerce graduates with a major in                                                YOUR FIRST JOB
    business partners, they must understand                           Accounting are eligible to apply for
    business issues and processes and                                 associate membership of:                                                           BUSINESS ANALYST
    have the skills necessary for sound                                                                                                                  COMPANY AUDITOR
    decision-making.                                                  ••   CPA Australia                                                              FINANCIAL ACCOUNTANT
                                                                      ••   Chartered Accountants Australia and                                        FORENSIC ACCOUNTANT
    Accounting leads to a career path with                                 New Zealand                                                                    MARKET ANALYST
    countless possibilities – you can work in a
    variety of roles, in any sector, in countries                     ••   Institute of Public Accountants.
    across the globe.
                                                                      Each body has individual requirements that                                          IN 5–10 YEARS
                                                                      must be met to obtain full membership.
    ACCOUNTING                                                                                                                                          SENIOR CONSULTANT
                                                                                                                                                             MANAGER
    AT MELBOURNE                                                      ACCOUNTING SECTORS                                                                SENIOR ACCOUNTANT
    ••   Melbourne is known for the quality                                                                                                               SENIOR AUDITOR
                                                                      ••   Accounting practices, including the ‘Big
         of its accounting program and strong                              Four’ (Deloitte, EY, KPMG and PwC)
         graduate employability outcomes
                                                                      ••   Corporations
    ••   The Accounting major offers a direct                                                                                                            IN 15–20 YEARS
         path to becoming a qualified accountant                      ••   Government
                                                                                                                                                     CHIEF EXECUTIVE OFFICER
    ••   You’ll learn how to produce and                              ••   Investment banking and finance
                                                                                                                                                     CHIEF FINANCIAL OFFICER
         interpret financial information and                          ••   Management consulting                                                             PARTNER
         improve resource allocation                                                                                                                         DIRECTOR

     SAMPLE COURSE PLAN – BACHELOR OF COMMERCEQ
     MAJORS IN ACCOUNTING AND FINANCE
                                                                                  Accounting Reports
                Semester 1                 Introductory Microeconomics                                                    Principles of Finance                  Principles of Business Law W
                                                                                  and Analysis
     Year 1
                                           Introductory                                                                   Introductory Financial
                Semester 2                                                        Quantitative Methods 1                                                         Foundations of Computing
                                           Macroeconomics                                                                 Accounting

                                                                                                                          Corporate Financial
                Semester 1                 Organisational Behaviour               Cost Management                                                                Corporate Law W
                                                                                                                          Decision Making
     Year 2
                                                                                  Intermediate Financial                  Accounting Information:
                Semester 2                 Quantitative Methods 2                                                                                                Business Forensics and Fraud
                                                                                  Accounting                              Risk and Controls

                                                                                  Enterprise Performance
                Semester 1                 Financial Accounting Theory                                                    Investments                            Basic Econometrics
                                                                                  Management
     Year 3
                                           Auditing and Assurance
                Semester 2                                                        Derivative Securities                   Asian Capital Markets                  Taxation Law 1W
                                           Services

         Core subjects                 Accounting major subjects                       Finance Major subjects                         Elective subjects                     Breadth subjects

    Q This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.
    W These subjects are required for accounting accreditation.

8
COMMERCE 2019 - University of Melbourne
ACTUARIAL
STUDIES

Actuaries assess, evaluate and manage the financial risks faced by individuals, organisations and
governments to plan effectively for the future.

The risks assessed by actuaries can                                 PROFESSIONAL
include illness, disability and death, the
                                                                    RECOGNITION                                                                 ACTUARIAL CAREERS
effects of natural disasters, and major
economic or social change.                                          Melbourne is one of only six institutions                                           YOUR FIRST JOB
                                                                    in Australia that has full accreditation
A major in Actuarial Studies will give                              from the Actuaries Institute.                                                        ACTUARIAL ANALYST
you a firm grounding in the traditional                                                                                                                  PRICING ASSOCIATE
actuarial skill set of mathematics,                                 To qualify as an actuary in Australia, you                                           PORTFOLIO ANALYST
statistics, demography, finance and                                 must pass (or be exempt from) all three
economics. This background, coupled                                 parts of the professional accreditation
with strong analytical skills, sees                                 process prescribed by the Actuaries
actuaries serving as financial advisers                             Institute. Parts I and II can be undertaken                                           IN 5–10 YEARS
to a range of organisations including                               as part of your Bachelor of Commerce
                                                                                                                                                     ACTUARIAL CONSULTANT
insurance companies, banks and other                                (Honours) degree. The Actuaries Institute                                            DATA ENGINEER
financial institutions, superannuation                              administers Part III.                                                         INSURANCE PRICING MANAGER
funds and governments. Actuaries tackle
many types of problems, most of which                               The Faculty of Business and Economics
involve uncertainty about the future.                               is designated as a Center of Actuarial
                                                                    Excellence by the US Society of                                                      IN 15–20 YEARS
                                                                    Actuaries.Q
ACTUARIAL STUDIES                                                                                                                               HEAD OF PORTFOLIO STRATEGY
                                                                                                                                             HEAD OF PRICING AND PROFITABILITY
AT MELBOURNE                                                        ACTUARIAL SECTORS                                                        LIFE INSURANCE APPOINTED ACTUARY
••   Develop specialist expertise and
                                                                    ••   Banking and finance
     knowledge in an area that will fast-
     track your high-earning career in the                          ••   Capital and risk management
     financial sector                                               ••   Data science
••   Gain expertise in core study areas:                            ••   Insurance and superannuation
     financial mathematics, life insurance
     mathematics and actuarial statistics                           ••   Investments and asset management

 SAMPLE COURSE PLAN – BACHELOR OF COMMERCEW
 MAJOR IN ACTUARIAL STUDIES E
                                                                                 Accounting Reports
            Semester 1                  Introductory Microeconomics                                                      Principles of Finance                   Accelerated Mathematics 1
                                                                                 and Analysis
 Year 1
                                        Introductory                             Introductory Financial                  Introduction to
            Semester 2                                                                                                                                           Accelerated Mathematics 2
                                        Macroeconomics                           Accounting R                            Actuarial Studies

                                                                                                                                                                 Intermediate
            Semester 1                  Probability                              Organisational Behaviour                Financial Mathematics I
                                                                                                                                                                 Microeconomics
 Year 2
                                                                                 Intermediate
            Semester 2                  Statistics                                                                       Financial Mathematics II                Engineering Computation
                                                                                 Macroeconomics R

                                                                                                                                                                 Sport, Education
            Semester 1                  Actuarial Modelling I                    Actuarial Modelling II                  Financial Mathematics III
                                                                                                                                                                 and the Media
 Year 3
                                                                                                                                                                 Models for Insurance
            Semester 2                  Contingencies                                                                    Actuarial Statistics
                                                                                                                                                                 and Finance

     Core subjects                  Actuarial major subjects                          Elective subjects                      Breadth subject s

Q You can gain waivers from some US Society of Actuaries exams by gaining Part I qualifications via the Bachelor of Commerce.
W This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.
E International applicants intending to commence a major in Actuarial Studies from mid year (July) must, at a minimum, meet the requirements to enter Calculus 2 that requires a study score of at least
  29 in VCE Specialist Mathematics Units 3 and 4, or IB Higher Level Mathematics with a score of at least 4 or equivalent, or if attending Trinity College, successful completion of Mathematics 2.
                                                                                                                                                                                                           9
R These subjects are required for accreditation as an actuary.
COMMERCE 2019 - University of Melbourne
BUSINESS

     To be successful in business, you have to understand how each component works.
     The Business major combines subjects from several disciplines, and allows you to
     develop skills you can use in any industry.

     This major is flexible and ensures you                            BUSINESS
     can design a course plan that suits your
                                                                       AT MELBOURNE                                                               BUSINESS CAREERS
     career goals and interests.
                                                                       You’ll develop skills that can be applied                                         YOUR FIRST JOB
     It allows you to combine three or more                            across diverse sectors, including:
     disciplines (or study areas) from within                                                                                                                 COORDINATOR
     the Commerce degree. For example, you                             ••   Oral and written communication                                                      ANALYST
     could choose Accounting, Economics and                                 skills                                                                              ADVISER
     Finance to have a holistic understanding                          ••   Critical analysis and synthesis
     of money and finances.
                                                                       ••   Problem-solving
     During second and third year you will                             ••   Teamwork                                                                       IN 5–10 YEARS
     continue to explore the broader concepts
     of business and will have the opportunity                         ••   Multidisciplinary training                                                          DIRECTOR
     to undertake studies from multiple                                                                                                                         MANAGER
                                                                       ••   Working independently and taking
     disciplines within the faculty.                                                                                                                           CONSULTANT
                                                                            responsibility for your learning.

     Business skills are essential in all
     industries, and a multidisciplinary                               BUSINESS SECTORS                                                                   IN 15–20 YEARS
     approach to problem-solving is desirable
     to most employers.                                                ••   Management consulting
                                                                                                                                                         GENERAL MANAGER
                                                                       ••   Finance                                                                    OPERATIONS MANAGER
                                                                       ••   Professional services firms                                               CHIEF EXECUTIVE OFFICER

                                                                       ••   Banking industry

     SAMPLE COURSE PLAN – BACHELOR OF COMMERCEQ
     MAJOR IN BUSINESS
                                                                                                                          Accounting Reports
                 Semester 1                 Introductory Microeconomics            Principles of Finance                                                          Principles of Management
                                                                                                                          and Analysis
     Year 1
                                            Introductory
                 Semester 2                                                        Quantitative Methods 1                 Principles of Marketing                 Understanding Planet Earth
                                            Macroeconomics

                                                                                   Intermediate                           Corporate Financial                     Hollywood and
                 Semester 1                 Organisational Behaviour
                                                                                   Microeconomics                         Decision Making                         Entertainment
     Year 2
                                                                                   Intermediate                           Management of
                 Semester 2                 Quantitative Methods 2                                                                                                Rebels and Revolutionaries
                                                                                   Macroeconomics                         Financial Institutions

                                            Managing Work and                      Computational Economics
                 Semester 1                                                                                               Entrepreneurial Finance                 Media Psychology
                                            Your Career                            and Business
     Year 3
                 Semester 2                 Managing Strategic Change              Experimental Economics                 International Finance                   Gothic Fictions

         Core subjects                 Business major subjects                           Elective subjects                    Breadth subjects

     Q This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.

10
ECONOMICS
                                                                                              #1 in Australia and #23 in the
                                                                                        world for Economics and Econometrics
                                                                                                           – QS World University Rankings by Subject 2018

Economists study how people choose to allocate resources. They look at the behaviour
of individuals, organisations and governments to understand how markets function.

Economics is essential to modern life.                            The standard selection of quantitative
It seeks to understand, assess and                                subjects for Economics students is                                       ECONOMICS CAREERS
explain the mechanisms of markets and                             Quantitative Methods 1 and
national economies.                                               Econometrics 1, as in the sample course                                           YOUR FIRST JOB
                                                                  plan for the Finance major on page 12.
A major in Economics builds problem-                                                                                                                        ANALYST
solving skills that are applicable to                                                                                                                      ASSOCIATE
careers in business and government.                               ECONOMICS                                                                               RESEARCHER
It will teach you how to analyse and                              AT MELBOURNE
interpret data and will equip you with
the tools to find smart solutions for                             ••   Melbourne has trained economists
the numerous problems confronting                                      since 1855                                                                     IN 5–10 YEARS
governments and the commercial world.                             ••   Understand how economic welfare,                                                  ECONOMIST
                                                                       financial markets and government                                                SENIOR ANALYST
Three broad areas of study available                                   impact income and wealth creation
within the main discipline are:                                                                                                                           MANAGER
                                                                  ••   Varied employment opportunities in
••   Microeconomics                                                    both the public and private sectors
••   Macroeconomics                                                                                                                                  IN 15–20 YEARS
••   Econometrics.                                                ECONOMICS SECTORS                                                                      DIRECTOR
                                                                  ••   Merchant and trading banks,                                                        PARTNER
Students must complete quantitative
                                                                       investment firms, and stockbroking                                             CHIEF ECONOMIST
studies as part of their degree. Students
who are strong in mathematics, or                                      and insurance companies
who simply enjoy mathematics, are                                 ••   Transport, communications, mining,
encouraged to follow the sample course                                 retail and manufacturing
plan below. This is the recommended path                          ••   Consulting and political analysis
for students considering further studies                          ••   Industry associations and trade unions
in economics.
                                                                  ••   Government

 SAMPLE COURSE PLAN – BACHELOR OF COMMERCEQ
 MAJOR IN ECONOMICS
                                                                              Accounting Reports
            Semester 1                 Introductory Microeconomics                                                   Principles of Management                Calculus 1
                                                                              and Analysis
 Year 1
                                       Introductory
            Semester 2                                                        Principles of Finance                  Linear Algebra                          Calculus 2
                                       Macroeconomics

                                                                              Intermediate                           Globalisation and the
            Semester 1                 Organisational Behaviour                                                                                              Probability for statistics
                                                                              Microeconomics                         World Economy
 Year 2
                                       Intermediate
            Semester 2                                                        Competition and Strategy               Political Economy                       Statistics
                                       Macroeconomics

            Semester 1                 Microeconomics                         Econometrics 2                         International Trade Policy              Mathematical Economics
 Year 3
                                                                                                                                                             Time Series Analysis and
            Semester 2                 Macroeconomics                         Behavioural Economics                  Environmental Economics
                                                                                                                                                             Forecasting

     Core subjects                Economics major subjects W                       Elective subjects                     Breadth subjects

Q This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.
W A combination of Economics and Econometrics subjects is required to be awarded the Economics major. For full details, please see the University Handbook.
  The selected major subjects at level 3 are required for entry into honours in Economics.

                                                                                                                                                                                          11
FINANCE

     Finance professionals manage assets to create and grow wealth for investors.

     Finance professionals are concerned                               PROFESSIONAL
     with the operation of financial markets
                                                                       RECOGNITION                                                                 FINANCE CAREERS
     and the management of the wealth
     of individuals, institutions, firms and                           The University of Melbourne is a Program                                          YOUR FIRST JOB
     governments. The finance discipline                               Partner of the CFA Institute, which
     examines how these organisations                                  awards the Chartered Financial Analyst®                                                    ADVISER
     raise funds to implement investment                               (CFA) designation. Recognition as a CFA                                                    BANKER
     strategies, and how they allocate                                 Program Partner means the Commerce                                                         PLANNER
     these funds to a variety of investment                            Finance major is tied to professional                                                      ANALYST
     opportunities. This involves the                                  practice and helps prepare you for the
     application of economic analysis,                                 CFA exams.
     accounting concepts and quantitative
                                                                                                                                                           IN 5–10 YEARS
     methods to solve financial problems,
     assess risks and make financial decisions.                        FINANCE SECTORS                                                                          BROKER
                                                                       ••   Financial planning                                                                CONSULTANT
                                                                                                                                                            SENIOR PLANNER
     FINANCE AT MELBOURNE                                              ••   Funds management
                                                                                                                                                                TRADER
     ••   Study capital markets and financial                          ••   Banking
          institutions, investments and                                ••   Financial analysis
          financial planning, as well as                                                                                                                  IN 15–20 YEARS
                                                                       ••   Corporate finance
          corporate, personal and real estate
          finance                                                      ••   Trading and dealing                                                               PARTNER
     ••   Financial investment advisers and                            ••   Management consulting                                                            TREASURER
          managers earn, on average, over                                                                                                             CHIEF FINANCIAL OFFICER
          $88 000 per annum, so you’ll be                                                                                                              FINANCIAL CONTROLLER
          investing in your future career.Q

      SAMPLE COURSE PLAN – BACHELOR OF COMMERCEW
      MAJORS IN FINANCE AND ECONOMICS
                                                                                   Accounting Reports
                 Semester 1                 Introductory Microeconomics                                                   Quantitative Methods 1                  Principles of Management
                                                                                   and Analysis
      Year 1
                                            Introductory
                 Semester 2                                                        Principles of Finance                  Principles of Marketing                 Australia in the Wine World
                                            Macroeconomics

                                                                                   Corporate Financial                    Intermediate
                 Semester 1                 Organisational Behaviour                                                                                              Principles of Property
                                                                                   Decision Making                        Microeconomics
      Year 2
                                                                                   Intermediate                           Introduction to                         Principles of Property
                 Semester 2                 Econometrics 1
                                                                                   Macroeconomics                         Real Estate Analysis                    Valuation

                 Semester 1                 Investments                            Street Finance                         Microeconomics                          Property Resource Analysis
      Year 3
                 Semester 2                 Derivative Securities                  Econometrics 2                         Experimental Economics                  Property Management

          Core subjects                Finance major subjects                           Economics major subjects                         Elective subjects                   Breadth subjects

     Q Job Outlook 2018.
     W This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.

12
MANAGEMENT
                                                                                #1 in Australia and #14 in the world
                                                                                               for Business and Management
                                                                                                     – QS World University Rankings by Subject 2018

Managers bring process and people together to make small or large organisations work.
Effective managers lead businesses and organisations in achieving their goals. Studying management equips
you with the leadership, analysis, planning and decision-making skills you need to succeed from day one.

You will learn about your own personal                            MANAGEMENT
effectiveness, how to work in teams, and
                                                                  AT MELBOURNE                                                           MANAGEMENT CAREERS
how to solve real organisational problems.
You will understand the principles of                             ••   Enjoy real-world industry experience                                         YOUR FIRST JOB
making good business decisions, managing                               through capstone subject opportunities
business operations, dealing with change,                              in Melbourne and abroad                                                       BUSINESS PARTNER
thinking globally, and acting ethically.                          ••   Graduate with career-ready                                                       CONSULTANT
                                                                       skills, including designing and                                                 COORDINATOR
Management studies are an ideal starting
                                                                       implementing organisational policies,
point if you are seeking a career in a
                                                                       expertise in employment relations
consulting firm, want to advise social
                                                                       management, strategic planning,                                                IN 5–10 YEARS
enterprises, innovate within an existing
                                                                       persuasive communication and
organisation, set up your own business,
                                                                       effective negotiation                                                         ADVISER
or work in human resource management,
                                                                                                                                          BUSINESS DEVELOPMENT MANAGER
international business, operations
                                                                                                                                               OPERATIONS MANAGER
management or organisational                                      MANAGEMENT SECTORS
development. A strong understanding                               ••   Management consulting
of management concepts will also
complement studies in other areas such                            ••   Government and not-for-profit                                                 IN 15–20 YEARS
as accounting or finance.                                              organisations
                                                                                                                                                    MANAGING DIRECTOR
                                                                  ••   Human resources
Key management responsibilities include:                                                                                                            MANAGING PARTNER
                                                                  ••   Operations and supply chain                                                      PRINCIPAL
••   Providing direction through
                                                                       management
     leadership, strategic planning and
     decision-making                                              ••   Business process improvement and
                                                                       quality assurance
••   Recruiting, training and managing
     staff, and developing the capabilities                       ••   Project management
     of the organisation                                          ••   Organisational development
••   Developing efficiency, quality and                                and change
     innovation in operations in a global
     context.

 SAMPLE COURSE PLAN – BACHELOR OF COMMERCEQ
 MAJORS IN MANAGEMENT AND MARKETING
                                                                              Accounting Reports
            Semester 1                 Introductory Microeconomics                                                    Principles of Finance                  Chinese 1
                                                                              and Analysis
 Year 1
                                       Introductory
            Semester 2                                                        Quantitative Methods 1                  Principles of Marketing                Chinese 2
                                       Macroeconomics

            Semester 1                 Organisational Behaviour               Project Management                      Business in Asia                       Chinese in Context 1
 Year 2
            Semester 2                 Business Decision Analysis             Brand Management                        Entrepreneurial Marketing              Chinese in Context 2

            Semester 1                 Management Consulting                  Business Ethics                         Retail Management                      Media Psychology
 Year 3
                                                                                                                                                             Chinese Business
            Semester 2                 Business Judgement                     Neuromarketing                          Digital Marketing
                                                                                                                                                             and Economy

     Core subjects                 Management major subjects W                     Marketing major subjects                        Elective subjects                    Breadth subjects

Q This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.
W To be awarded the Management major, students must take at least three level 3 management subjects across the discipline.

                                                                                                                                                                                           13
MARKETING

     Marketing specialists begin from the point of view of customers (broadly defined) to create, communicate,
     and deliver offerings that are of value. Organisations use marketing intelligence to respond to needs, growth
     and trends in the marketplace, in order to maximise profitability.

     Marketing is essential to the health of                           Learn the fundamentals of advertising,
     any profitable enterprise, whether in the                         product and brand management, strategic                                  MARKETING CAREERS
     public or private sector. All organisations                       marketing, market research, relationship
     engage in marketing activities and must                           marketing, global marketing, electronic                                           YOUR FIRST JOB
     decide on a marketing mix that suits                              marketing and buyer behaviour
     them best. Marketing allows you to                                                                                                                ACCOUNT EXECUTIVE
     manage a brand and contribute to an                               You will have a solid understanding                                         CUSTOMER INSIGHTS ANALYST
     organisation’s business strategy. This                            of key marketing tools and goals such                                        MARKETING COORDINATOR
     is relevant within large organisations as                         as segmentation, positioning, service                                             MEDIA PLANNER
     well as startups or new businesses.                               excellence, sustainable leadership, and
                                                                       customer value, satisfaction and loyalty.
                                                                       You will be strong in planning, managing
     MARKETING                                                         deadlines, multi-tasking and leading                                                IN 5–10 YEARS
     AT MELBOURNE                                                      functional teams.
                                                                                                                                              DIGITAL COMMUNICATIONS MANAGER
                                                                                                                                              MARKETING RESEARCH CONSULTANT
     The Marketing major will provide you
                                                                                                                                                       BRAND MANAGER
     with the tools and skills you need to build                       MARKETING SECTORS                                                           SOCIAL MEDIA SPECIALIST
     relationships with your audience. It offers
                                                                       ••   Marketing services
     strategies that help you understand your
     customers and successfully target their                           ••   Market research
     needs. Marketing studies offer vital skills                       ••   Events and public relations                                                   IN 15–20 YEARS
     and knowledge to underpin your career
     growth, whatever path you choose to take.                         ••   Fast-moving consumer goods                                               CHIEF MARKETING OFFICER
                                                                            industries                                                              COMMUNICATIONS DIRECTOR
                                                                       ••   Financial services                                                          CREATIVE DIRECTOR
                                                                                                                                                        ACCOUNT DIRECTOR
                                                                       ••   Government

      SAMPLE COURSE PLAN – BACHELOR OF COMMERCEQ
      MAJOR IN MARKETING
                                                                                   Accounting Reports
                 Semester 1                 Introductory Microeconomics                                                    Principles of Finance                  Mind, Brain and Behaviour 1
                                                                                   and Analysis
      Year 1
                                            Introductory
                 Semester 2                                                        Quantitative Methods 1                  Principles of Marketing                Mind, Brain and Behaviour 2
                                            Macroeconomics

                                                                                                                                                                  Personality and Social
                 Semester 1                 Organisational Behaviour               Consumer Behaviour                      Global Marketing
                                                                                                                                                                  Psychology
      Year 2
                                            Market and Business                                                            Corporate Financial
                 Semester 2                                                        Strategic Marketing                                                            Cognitive Psychology
                                            Research                                                                       Decision Making

                                                                                   Service and Relationship
                 Semester 1                 Product Management                                                             Business Ethics                        The Unconscious Mind
                                                                                   Marketing
      Year 3
                                                                                                                                                                  Personality and Social
                 Semester 2                 Advertising and Promotions             Business Judgement                      Managing Strategic Change
                                                                                                                                                                  Psychology

         Core subjects                  Marketing major subjects W                      Elective subjects                       Breadth subjects

     Q This is a sample course plan only. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.
     W To be awarded the Marketing major, students must take at least three level 3 marketing subjects across the discipline.

14
CONCURRENT
DIPLOMAS

Concurrent diplomas offer another                                DIPLOMA IN LANGUAGES                                            DIPLOMA IN MUSIC
way to develop your interests                                    Languages available: Ancient Greek,                             The Diploma in Music provides the
and discover new opportunities                                   Arabic, Chinese, French, German,                                opportunity to further your musical
outside of your chosen degree.                                   Hebrew, Indonesian, Italian, Japanese,                          training or explore areas of academic and
                                                                 Latin, Russian and Spanish.                                     practical interest in music, while gaining
                                                                                                                                 a music qualification alongside your
FLEXIBLE STUDY                                                   Available to:                                                   undergraduate studies in another field.
OPTIONS                                                          Students enrolled in Arts, Biomedicine,                         The program can be tailored depending
                                                                 Commerce, Design, Music and Science.                            on your interests, and provides access to
Our diplomas give you many flexible                              Available in some graduate programs                             the full range of Conservatorium options.
options to enrich and broaden your                               (pending permission from graduate
studies – and if you're an undergraduate                         program coordinator).                                           Available to:
domestic student, you may be eligible to                                                                                         Students enrolled in Arts, Biomedicine,
receive the final half of the diploma HECS                       Prerequisites                                                   Commerce, Design and Science.
free. You can study a diploma alongside                          If you are applying for a Diploma in
your undergraduate degree (adding a                              Languages other than in Ancient Greek,                          Prerequisites
further year of study), or cross-credit                          Hebrew or Latin and have not studied                            There are no additional prerequisites
up to 50 points (four subjects) of study                         your chosen language at the University,                         once you are enrolled in your
in your undergraduate degree and your                            you are required to take a Language                             undergraduate degree. Some ensemble
diploma, enabling you to complete the                            Placement Test.                                                 subjects require an audition, and entry
degree and the diploma within 3.5 years.                                                                                         to the music performance stream –
                                                                 ba.unimelb.edu.au/enrich/diploma-                               involving individual instrumental or
High-achieving students may be able                              languages                                                       vocal lessons – is by recorded audition,
to complete their degree and diploma
                                                                                                                                 submitted in early February.
within three years. Conditions apply, and
you should discuss your options with a                           DIPLOMA IN                                                      mcm.unimelb.edu.au/study/degrees/
course adviser once you enrol in your                            MATHEMATICAL                                                    diploma-in-music
undergraduate degree.
                                                                 SCIENCES
                                                                 The Diploma in Mathematical Sciences
DIPLOMA IN                                                       enables you to gain a mathematics
INFORMATICS                                                      qualification while completing an
                                                                 undergraduate degree.
The Diploma in Informatics will equip you
with the understanding of IT technologies                        Available to:
and tools that employers are seeking.
                                                                 Students enrolled in Arts, Biomedicine,
The diploma is designed to complement
                                                                 Commerce, Design, Music and Science.R
your core studies with fundamental
programming and data management skills.                          Prerequisites
Available to:                                                    A study score of 30 in VCE Specialist
                                                                 Mathematics Units 3 and 4 or equivalent,
Students enrolled in Arts, Biomedicine,Q
                                                                 or successful completion of university-
Commerce, Design,W Music and Science.E
                                                                 level studies equivalent to VCE Specialist
Prerequisites                                                    Mathematics Units 3 and 4.
Successful completion of 50 points of                            courses.science.unimelb.edu.au/study/
University study, including the core subject                     degrees/diploma-in-mathematical-
COMP10001 Foundations of Computing,                              sciences
with a weighted average of 65%.

cis.unimelb.edu.au/study/
undergraduate

Q   Bachelor of Biomedicine students cannot complete the diploma and the degree within the standard structure and time frame. Consult your course adviser.
W   Bachelor of Design students majoring in Computing are not permitted to complete the Diploma in Informatics.
E   Bachelor of Science students who select a major in Computing and Software Systems or Data Science are not permitted to complete a Diploma in Informatics.
R   Bachelor of Science students who select a major in Mathematics and Statistics or Mathematical Physics or Data Science are not permitted to complete a Diploma in Mathematical Sciences.

                                                                                                                                                                                              15
YOUR NETWORK

     With strong connections to national and international business communities,
     the Faculty of Business and Economics is a leading provider of business education
     and research, empowering graduates to become global business leaders.

     YOUR EXPERTS                                                     YOUR PEERS                               YOUR ALUMNI
     Your academics at the Faculty                                    The Bachelor of Commerce is known        The Faculty of Business and
     of Business and Economics are                                    for attracting high-achieving students   Economics along with Melbourne
     recognised as innovative, expert                                 from all over the world who enjoy        Business School has over 60 000
     researchers. They collaborate in                                 what the degree offers both within       alumni in over 100 countries. With
     international research projects and                              and outside the lecture theatre.         more than 40 000 Bachelor of
     publish significant works that inform                            With 12 faculty-affiliated clubs and     Commerce alumni alone, you join a
     leaders across the globe. Possessing                             societies for Commerce students,         valuable network of peers from all
     a diverse range of qualifications                                you’ll form lasting friendships, learn   professions the day you start.
     from some of the world’s leading                                 new skills and have the opportunity
     universities, they also have extensive                           to work on projects which make a real
     teaching, research and consulting                                difference to the wider community.
     experience with a variety of
     institutions.

     YOUR CAMPUS                                                      YOUR CITY                                YOUR FACILITIES
     You’ll study at the Parkville campus,                            Melbourne has been named the             The home of Commerce is ‘The Spot’
     which is located in the heart of                                 world’s most liveable city seven         – a green-star, purpose-built facility
     Melbourne. Co-location with industry                             years in a row,Q boasting diverse        for the University’s Business and
     and business fosters engagement with                             communities, one of the world’s best     Economics students (see page 2).
     future employers and means you won’t                             healthcare systems and a unique,         With new student lounges, cafes and
     have to look far for inspiration for the                         vibrant urban culture. The Parkville     our always popular Giblin Eunson
     next stage of your professional journey.                         campus is only a short stroll away       Library, you’ll never want to leave.
                                                                      from Melbourne’s famed cobblestone
                                                                      lanes, culinary delights, arts,
                                                                      world-class shopping and dynamic
                                                                      business district.

     Q The Economist Intelligence Unit’s annual global liveability survey.

16
OUR ALUMNI

DINUKA JAYASURIYA                               MARISSA SIVANANDAM                               EWE JIN TAN
Bachelor of Commerce                            Bachelor of Commerce                             Bachelor of Commerce
(Actuarial Studies)                             (Accounting and Management)                      (Economics and Finance)
Graduated 2011                                  Graduated 2017                                   Graduated 2016
Senior Associate, Education and                 Management Consultant, PwC                       Equities Analyst, Churchill Capital
Infrastructure at NAB
                                                “I chose Accounting because of the strong        “One of the highlights of my uni experiences was
“I was able to embrace the University culture   attention to detail and deductive skills that    participating and placing second in the UNIT-
and attributes such as academic excellence,     it helps you to develop. Management, on the      Saxo Capital Markets Trading Challenge. This
comprehensive knowledge across disciplines,     other hand, complemented my Accounting           was a two-week national trading competition,
leadership in communities and being active      major by challenging me to analyse all           allowing me to analyse the macro-economy
global citizens. These skills enabled me to     aspects of a company and to be a little          and implement my own trading strategy in the
better manage my university life, but also      creative with solutions to a variety of unique   currency market. The success in this trading
prepared me for my future successes both        organisational problems.”                        challenge motivated me to refine my trading
within and outside my career choice.”                                                            strategy and ultimately trade a live portfolio.”

CYNTHIA DUPES                                   TIM HOLT                                         HELEN MITCHELL
Bachelor of Commerce                            Bachelor of Commerce                             Bachelor of Commerce
(Management and Marketing)                      (Finance and Management), graduated 2014         (Economics) (Honours)
Graduated 2017                                  Master of Finance, graduated 2016                Graduated 2010
Current Melbourne JD student                    Consultant in Corporate Value Advisory,          Australian Diplomat, Mexico City
                                                Deals, PwC
“For me, studying a Bachelor of Commerce                                                         “Studying economics at the University of
at the University of Melbourne means            “What I enjoyed most about my course was         Melbourne was challenging, engaging,
I’ve achieved things I never thought            the fantastic networks I’ve developed and        eye-opening and inspiring. I was taught by
were possible.”                                 friends I’ve made as a result of being part      the highest-quality lecturers and enjoyed
                                                of the wider community. University is about      the organised yet flexible structure of the
                                                much more than just going to class.”             Commerce degree.”

                                                                                                                                                    17
ENHANCE YOUR
     STUDY
                                                                          400+ students travelled overseas
                                                                                    as part of their Bachelor of
                                                                                    Commerce studies in 2017.

     University life is not just about             SKILLS WORKSHOPS                               GLOBAL MANAGEMENT
     going to class and studying for               The Faculty of Business and Economics          CONSULTING
     exams. The best way to make the               Skills Workshops series is a professional      Global Management Consulting is a third-
     most of your time on campus is                development program that aims to               year capstone subject that gives you the
     by taking advantage of all that               develop the non-technical employability        opportunity to gain industry experience
     the University of Melbourne has               skills that you need to participate            in an international setting. You could be
                                                   effectively in the workplace. Delivered        spending two weeks in an overseas city,
     to offer, through complementary
                                                   by industry experts and based around           working on a genuine business challenge
     studies, exchange and study                   the Australian Government’s Core Skills        with your peers. In 2017 our students
     abroad opportunities, or student              for Work Developmental Framework,              travelled to Singapore, Seoul, Shanghai,
     clubs and societies.                          these workshops will enable you to build       Berlin, Santiago and San Francisco, among
                                                   and refine the skills and knowledge that       other places. See page 6 for more details.
     fbe.unimelb.edu.au/students/                  employers want.
     bcom/enrich
                                                                                                  STUDENT CLUBS
                                                   FUTURE LEADERS FORUM                           AND SOCIETIES
     STUDY ABROAD                                  This program is open to approximately 120
     AND EXCHANGE                                  of our highest-achieving undergraduate
                                                                                                  Our student clubs and societies do
                                                                                                  amazing work in the student and wider
     We encourage all Bachelor of Commerce         students. It aims to provide you with
                                                                                                  community. They provide members
     students to undertake part of your            practical perspectives on leadership,
                                                                                                  with valuable industry connections and
     degree overseas. By doing so, you can         drawing on the experiences of leaders
                                                                                                  fantastic development opportunities
     immerse yourself in a different social,       from a variety of fields. The event provides
                                                                                                  – from offering consulting experiences
     cultural and intellectual scene and add an    a range of rich opportunities for meeting
                                                                                                  with local and international charities to
     international perspective to your studies.    and networking with business and
                                                                                                  empowering more women to excel in
     Our students who have participated in         community leaders as well as other high-
                                                                                                  finance.
     this program have studied at Berkeley         achieving students.
     (USA), Bocconi (Italy), Cornell (USA) and                                                    Clubs include:
     Lund (Sweden), just to name a few.
                                                   CASE COMPETITIONS                              ••   Accounting Students’ Association
     mobility.unimelb.edu.au                       Our case competitions offer                    ••   Actuarial Students’ Society
                                                   opportunities for you to test your
                                                                                                  ••   AIESEC
                                                   business case solving skills, receive
     CAREER MENTORING                              training from and network with corporate       ••   Banking on Women
     PROGRAM                                       sponsors, and get hands-on experience          ••   Cainz
     The program connects you with an              as a management consultant. These
                                                                                                  ••   Commerce Students’ Society
     industry mentor, based on your shared         programs are held in Australia and
     interests, your course of study and their     across the globe, and the faculty offers       ••   Economics Student Society of Australia
     area of specialty. Your mentor will provide   funding for accommodation and student          ••   Enactus
     you with information on industries,           bursaries to help with additional costs.
                                                                                                  ••   Financial Management Association
     professions and general work skills. You’ll                                                       of Australia
     also get advice and support with career
     direction, networking, skills assessment,
                                                   UNIMELB STARTUP                                ••   Global Consulting Group
     job hunting, and applications. Partners       The annual UniMelb Startup Competition         ••   Melbourne Microfinance
     of accounting firms, directors of             aims to activate and facilitate student             Initiative
     management consultancies, bankers,            entrepreneurship at the University of
                                                                                                  ••   Students’ Association of
     senior public servants and many other         Melbourne. It gives you the opportunity             Management and Marketing
     professionals have been offering valuable     to pitch your startup idea to a panel
     insights into the world of commerce to        of Australia’s most prominent angel            ••   University Network for
     the faculty’s students.                       investors and industry experts for                  Investing and Trading.
                                                   feedback and prizes.

18
“I recently completed my Leaders in the
        Community Award. I did volunteering work
   with the Student Union and attended different
   workshops in topics like personal effectiveness
   and networking. I also went to the careers and
consulting fairs. I think I’ve learned a lot and really
                enriched my skills and knowledge.”
                         Jiajun (JJ) Zhang (China)
                             Bachelor of Commerce
                        (Finance and Management)

                                                          19
SCHOLARSHIPS

     The Melbourne Scholarships Program is one of the most comprehensive and generous in Australia.
     With over 1200 scholarships available for new and current students – including domestic and
     international students – there’s likely to be at least one that you are eligible for.

     For many of our undergraduate                                   ••    Living allowance for the standard full-    ••   Have applied for a University of
     scholarships we’ll assess your eligibility                            time duration of the undergraduate              Melbourne undergraduate course via
     when you apply for your course, so you                                degree and concurrent diploma with a            VTAC for commencement in the year
     don’t need to put in a separate application.                          value of:                                       following completion of an Australian
                                                                           ••   $5000 per year if you completed            Year 12 or IB
     As well as starting out with a University
                                                                                high school in Victoria               ••   Not have previously undertaken any
     scholarship behind you, there are several
                                                                                $10 000 per year if you completed          tertiary studies (excluding extension
     prizes for academic achievement on offer for                          ••
                                                                                high school outside Victoria.              studies completed as part of a Year 12
     Commerce students through the Faculty of
                                                                                                                           program).
     Business and Economics. See pages 22–23.                        ••    Melbourne Global Scholars Award for
                                                                           an approved period of overseas study       Selection
     Below, we’ve highlighted one of our
                                                                           as an exchange or study abroad student     The Melbourne Chancellorʼs Scholarship
     most prestigious scholarships for
     school leavers, but you can check out                           ••    Guaranteed Commonwealth                    is awarded on the basis of merit and
     what we have to offer and find the right                              Supported Place in a professional          guaranteed to all students who satisfy the
     scholarship for you at:                                               masters degree Q if you meet the           undergraduate course prerequisites and:
                                                                           prerequisite and entry requirements
     scholarships.unimelb.edu.au                                           for the masters.                           ••   Achieve an ATAR of at least 99.90, or
                                                                                                                      ••   Intend to undertake the Bachelor of
                                                                     For international students:                           Music and achieve an ATAR of at least
     MELBOURNE                                                                                                             99.85 and achieve an audition score
                                                                     ••    A 50 per cent tuition fee remission for
     CHANCELLOR’S                                                          the standard full-time duration of an
                                                                                                                           of A+, or
     SCHOLARSHIP                                                           undergraduate degree                       ••   Are of Indigenous Australian descent
                                                                                                                           and achieve an ATAR of at least 90.00.
     The Melbourne Chancellor’s Scholarship                          ••    Melbourne Global Scholars Award for
     is awarded to talented undergraduate                                  an approved period of overseas study       Application
     students in recognition of their                                      as an exchange or study abroad student
                                                                                                                      Eligible students who have applied for
     outstanding academic achievement                                ••    Guaranteed international full-fee place    admission to the University via VTAC will
     during their Australian Year 12 or                                    in a professional masters degreeQ if       be automatically considered.
     International Baccalaureate (IB).                                     you meet the prerequisite and entry
     You deserve the rewards
                                                                           requirements for the masters.              Outcome
                                                                                                                      The first offers are made a few days after
     Would you like to begin your Bachelor of                        Eligibility
                                                                                                                      the Victorian Year 12 ATAR results are
     Commerce degree at the University with                          To be considered for this scholarship,           released in December. Further offers
     the security of knowing a graduate place                        you must:                                        are made in January and February to
     is reserved for you when you finish?
                                                                                                                      students who have completed the IB or
                                                                     ••    Be one of the following:
     If you’re studying Year 12 in Australia                                                                          Year 12 outside Victoria.
                                                                           ••   A domestic or international student
     or you’re an Australian citizen studying
                                                                                who completed an Australian           Scholarship offers do not represent
     an Australian Year 12 or IB overseas,
                                                                                Year 12 or the IB in Australia, or    an offer for admission to a University
     you could be eligible for our Melbourne
                                                                                An Australian citizen who             of Melbourne undergraduate degree.
     Chancellor’s Scholarship.                                             ••
                                                                                completed an Australian Year 12       Course offers are made separately
     Benefits                                                                   or the IB outside Australia           through VTAC.
     For domestic students:                                                                                           chancellorscholars.unimelb.edu.au
     ••   HECS student contribution exemption
          for the full duration of a Commonwealth
          Supported Place in an undergraduate
          degree and a concurrent diploma

     Q Some exclusions apply. For a list of applicable courses, go to: chancellorscholars.unimelb.edu.au

20
ACCESS
MELBOURNE

Access Melbourne is the University of Melbourne’s special entry and
equity program for domestic students.

Access Melbourne can help you gain a                              HOW TO APPLY                                            ACCESS SCHOLARSHIPS
place in the Bachelor of Commerce, or one
of our other undergraduate degrees, even                          Lodge a Special Entry Access Scheme                     Approximately 200 Access Melbourne
if your ATAR is below the selection rank                          (SEAS) application via VTAC at                          students every year also receive an
normally required for an offer (subject to                        vtac.edu.au for one or more of the                      allowance of $5000 per year (paid in
meeting course prerequisites). You may                            following Access Melbourne categories:                  half-yearly instalments) for the normal,
also be eligible for guaranteed entry or an                                                                               full-time duration of the course. Every
                                                                  ••   Disadvantaged financial background                 Indigenous student who enrols in
Access Scholarship.
                                                                  ••   Applicants from rural or isolated areas            Semester 1 2019 is guaranteed one of
We also have scholarships and grants that                         ••   Under-represented school                           these scholarships.
can ease the financial load, and a housing
                                                                  ••   Difficult circumstances                            We also offer a tuition waiver of up
program to get you securely settled close
to campus.                                                        ••   Disability or medical condition                    to $30 500 for 10 high-achieving
                                                                  ••   Non-English speaking background                    Access Melbourne students per year.
In 2018, 30 per cent of our domestic                                                                                      Plus, if you live in regional Victoria or
                                                                  ••   Recognition as an Indigenous
undergraduate students were eligible                                   Australian                                         interstate, the University will reserve
for Access Melbourne, and demonstrated                                                                                    a place in a residential facility close to
that, because of personal circumstances,                          ••   Mature-age consideration                           our Parkville campus for the first year
their ATAR was not fully reflective of their                           (non-school leaver entry pathway).                 of your studies.E
real potential.Q
                                                                                                                          The Faculty of Business and
                                                                  PATHWAY TO COMMERCE                                     Economics also offers a range
GET A GUARANTEED                                                  If you’re a domestic student, you could                 of Access scholarships for
PLACE                                                             be eligible for a guaranteed place in the               students that apply through
                                                                  Bachelor of Commerce if you complete the                the Special Entry Access
If you’re from a rural or isolated area, have                     one-year Diploma in General Studies with                Scheme (SEAS). See page 22
a disadvantaged financial background or                           an average score of 85 in all DiGS subjects             for further details.
are an Indigenous Australian, you could be                        and meet the maths prerequisites.W The
eligible for a guaranteed place.                                  program, based at Dookie campus, gives
For 2018, the guaranteed ATAR for                                 you the opportunity to study commerce,
Commerce via Access Melbourne was                                 agriculture, design or science. To be
88.00 (83.00 for Indigenous students).                            eligible for the guarantee, you must also
Guaranteed ATARs for entry in 2019 will                           be eligible for Access Melbourne at the
be published in June 2018 at:                                     time you apply for the diploma.

access.unimelb.edu.au                                             fvas.unimelb.edu.au/digs

Q Percentage is based on start-year intake.
W Students without a 25 in VCE Mathematical Methods Units 3 and 4 must meet the maths prerequisite in some other way.
  For example, UoM Calculus and Probability online or Unilearn Senior Mathematics.
E The offer does not include the cost of the accommodation. Places are limited, so apply early to avoid disappointment.

                                                                                                                                                                       21
COMMERCE
     SCHOLARSHIPS
     (DOMESTIC)

                                                                                                    Number
      Scholarships                    Benefits                                                                       Eligibility
                                                                                                   available Q
      Abernethy Scholars              •• Membership in a student peer network, including            All first-year   •• Students selected into the Bachelor of Commerce who are
      Program                            cross-cohort activities                                   students who         awarded a faculty scholarship on the basis of their SEAS
      Scholarships included in this   •• Exclusive access to some of the faculty’s key            receive a SEAS-       application will automatically be awarded a place in the
      program are denoted by a (*)       experiential programs                                     based faculty        Abernethy Scholars Program
      in the list below                                                                             scholarship
                                      •• Group mentoring by Professor Margaret A Abernethy,
                                         Sir Douglas Copland Chair of Commerce and former
                                         Dean of the Faculty of Business and Economics
                                      •• Exclusive professional development opportunities
      Commerce at                     •• Residency at International House for the first year of          1           •• Australian citizen residing in rural or regional Victoria
      International House                the Bachelor of Commerce, valued at approximately                           •• Eligible for Access Melbourne
      Scholarship*                       $28 000
                                                                                                                     •• Submit a SEAS application via VTAC
                                                                                                                     •• Have applied to International House online
                                                                                                                     •• Selection is based on academic merit, location of secondary
                                                                                                                        school attended and documented disadvantage
                                                                                                                     •• Apply online: fbe.unimelb.edu.au/scholarships
      Commerce Opportunity            •• Annual payment of $15 000 for three years,                      3           •• Australian citizen residing in Victoria
      Bursaries*                         totalling $45 000                                                           •• Eligible for Access Melbourne
                                                                                                                     •• Selection is based on academic merit and documented
                                                                                                                        financial or other disadvantage
                                                                                                                     •• Automatic consideration for SEAS applications via VTAC
      Dawn Wade Scholarship* •• Residency at International House for three years,                        1           •• Australian citizen who completed secondary school in a
                                to the maximum value of $28 000 per year                                                rural or isolated area
                                                                                                                     •• Eligible for Access Melbourne
                                                                                                                     •• Submit a SEAS application via VTAC
                                                                                                                     •• Selection is based on academic merit and documented
                                                                                                                        residence in a rural or isolated area
                                                                                                                     •• Have applied to International House online
                                                                                                                     •• Apply online: fbe.unimelb.edu.au/scholarships
      Faculty Opportunity             •• Annual payment of $15 000 for three years,                      1           •• Australian citizen or permanent resident
      Bursary*                           totalling $45 000                                                           •• Eligible for Access Melbourne
                                                                                                                     •• Selection is based on academic merit and documented
                                                                                                                        financial or other disadvantage
                                                                                                                     •• Automatic consideration for SEAS applications via VTAC
      First in the Family             •• Annual payment of $10 000 for three years,                      6           •• Australian citizen or permanent resident
      Scholarships*                      totalling $30 000                                                           •• Eligible for Access Melbourne
                                                                                                                     •• Be the first in their family to attend university
                                                                                                                     •• Submit a SEAS application via VTAC
                                                                                                                     •• Apply online: fbe.unimelb.edu.au/scholarships
      Melbourne Chancellor’s          •• Mentoring by a senior business leader                      All Bachelor     •• Entry into the Melbourne Chancellor’s Scholarship
      Scholarship — Copland           •• Invitations to special faculty events                     of Commerce          (see page 20).
      Program                                                                                      Chancellor’s
                                      •• Membership of a cohort of high-achieving students          Scholarship
                                      •• Access to a student peer network, including cross-          recipients
                                         cohort activities and a series of alumni events
                                      •• Invitations to the faculty’s key experiential programs
                                      •• Group mentoring by Professor Paul Jensen, Deputy
                                         Dean of the Faculty of Business and Economics
                                      •• Exclusive professional development opportunities
      The Andrew J Nash First         •• Annual payment of $10 000 for three years,                      1           •• Australian citizen or permanent resident
      in Family Scholarship              totalling $30 000                                                           •• Eligible for Access Melbourne
                                                                                                                     •• Be the first in their family to attend university
                                                                                                                     •• Submit a SEAS application via VTAC
                                                                                                                     •• Automatic consideration for eligible students

     Q Based on the number of each of these scholarships awarded for 2018.

22
You can also read