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CO M M E R C E

2019
“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
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
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
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
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
“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
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
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.
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
•• roviding direction through
P
management
leadership, strategic planning and
decision-making •• Business process improvement and
quality assurance
•• ecruiting, training and managing
R
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 S ome 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
COMMERCE
SCHOLARSHIPS
(INTERNATIONAL)

Number
Scholarships Benefits Eligibility
available Q
A G Whitlam •• 50% fee remission for the duration of the course 5 •• Be a citizen from one of the designated countries (for
International (up to three years) Semester 1: Sri Lanka and Bangladesh; for Semester 2: India,
Undergraduate Merit Vietnam and Bangladesh)
Scholarship •• Have completed an approved Year 12 program or equivalent
in a country other than Australia that meets the eligibility
requirements for the Bachelor of Commerce
•• Students who meet the eligibility criteria will be
automatically considered, with no separate application
process
Bachelor of Commerce •• 20% fee remission for the duration of the course 50 •• Have completed an approved Year 12 program or equivalent
Global Scholarships (up to three years) that meets the eligibility requirements for the Bachelor of
Commerce (only students with a minimum ATAR of 90.00, or
equivalent, will be considered)
•• Citizen of a country deemed under-represented by the
Academic Board (eligible countries may change from year
to year)
•• Selection is based on academic merit and citizenship
•• All international Bachelor of Commerce applicants from
under-represented countries are automatically considered
Commerce •• 50% fee remission for the duration of the course 10 •• Awarded on the basis of academic merit
Undergraduate (up to three years) •• All international Bachelor of Commerce applicants are
International Merit automatically considered
Scholarships
International •• 50% fee remission for the duration of the course 8 You must have attended one of these partner institutions:
Undergraduate Partner (up to three years) •• Trinity College Foundation Studies, Australia
Scholarships
•• Universitas Gadjah Mada, Indonesia
•• Universitas Indonesia, Indonesia
•• HELP University, Malaysia
•• Taylor’s College, Malaysia
•• Sunway College, Malaysia
•• Markham College, Peru
•• Nanyang Polytechnic, Singapore
•• Ngee Ann Polytechnic, Singapore
•• Singapore Polytechnic, Singapore
•• Temasek Polytechnic, Singapore
All partner institution Bachelor of Commerce applicants are
automatically considered

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

23
YOUR
CAREER

A degree from Australia’s number one universityQ is your ticket


to an extraordinary future.

Melbourne Commerce graduates are WHERE CAN A BACHELOR


known for their solid understanding of
business issues and processes, their
OF COMMERCE TAKE YOU?
resourcefulness, and their problem- Many of our students secure their desired
solving and leadership skills. They are position soon after completing their
highly sought after in a wide variety of course – or even while they are still
professions in the public and private studying. Some of our recent graduates
sectors, ranging from investment banking are now working at:
and accounting through to management
consultancy and marketing. •• Accenture
•• AMP Limited
•• ANZ, Commonwealth Bank,
HAVE YOU CONSIDERED NAB and Westpac
THESE CAREERS? •• BHP Billiton
•• Account executive •• Citigroup
•• Accountant •• Country Road
•• Actuary •• Deloitte
•• Banker •• EY
•• Brand manager •• Goldman Sachs
•• Business adviser •• IBM
•• Business analyst •• KPMG
•• Business development manager •• Kraft Foods
•• Chief executive officer •• Lazard
•• Chief financial office •• Lion
•• Chief marketing officer •• Macquarie Group
•• Consultant •• Moore Stephens
•• Creative director •• Morgan Stanley
•• Customer experience expert •• Parliament of Victoria
•• Customer insights analyst •• Pitcher Partners
•• Economist •• PwC
•• Financial controller •• Singapore Airlines
•• Financial planner •• Telstra
•• Market analyst •• Unilever.
•• Market research consultant
•• Manager
•• Operations manager
•• Researcher
•• Social media manager
•• Supply chain manager
•• Trader
•• Treasurer

Q Academic Ranking of World Universities 2017, Times Higher Education World University Rankings 2018

24
20% of BCom graduates work
at EY, Deloitte, KPMG, PwC or NAB
within four months of graduating.
– Graduate Outcomes Survey

Secondary
school (VCE)

Bachelor of
Commerce,
majors in
Finance and
Marketing

Associate,
Macquarie
Group

“Some of my most beloved memories of my time at


Melbourne include spending 30 hours at a time in
the FBE building preparing for case competitions,
with wonderfully wacky friends, and basking in the
sunshine on South Lawn during society BBQs.”

Jordanna Solomon (Australia)


Bachelor of Commerce
(Finance and Marketing) 2013–2016
Associate, Macquarie Group

25
YOUR NEXT
STEPS

Graduate study is an investment In the competitive global employment GUARANTEED ENTRY


in your future. Choose Melbourne market, a graduate qualification sets
you apart as someone who is looking Pathways based on your secondary
and join the best and brightest to advance and lead, with the skills and school and university performance Q
students as you pursue your knowledge to succeed. Through graduate In addition to making you an
passion and develop your career. study you will learn how to be a leader undergraduate course offer, the
in your field and open up a wide range of University can also guarantee you a place
career opportunities and earning potential. in the graduate course of your choice,
HONOURS so you’ll have the added security of
Other graduate study areas in business knowing a place is reserved for you. If you
Honours is an additional (fourth) year of and economics include: complete secondary school in Australia,
specialised study in one commerce area.
guaranteed entry is available for most
Honours will help you develop research •• Accounting
graduate degrees, depending on the
and professional skills and gain in-depth •• Actuarial studies ATAR/notional ATAR you achieve.
knowledge of your discipline. Honours is
•• Applied econometrics
only offered in the Accounting, Finance, Guaranteed pathways to graduate
Economics and Actuarial Studies majors. •• Business administration
study are only available to students who
(including the Master of Business
complete their undergraduate degree at
Administration)
the University of Melbourne. Eligibility
GRADUATE STUDY •• Business analytics is based on your performance in your
We believe that personal satisfaction •• Business management undergraduate degree, and completion of
and career success are inextricably •• Entrepreneurship prerequisite subjects (if any).
linked. That’s why we encourage you •• Economics
to pursue your passion and become
a master of your chosen field through •• Finance MORE GRADUATE
specialist graduate study following your •• Human resource management OPTIONS
undergraduate degree. •• International business
The University also offers a range of other
•• Marketing. graduate degrees outside the business
and economics fields, including:
mbs.unimelb.edu.au
•• Executive Master of Arts
ATA R O F A guaranteed place in the graduate degree •• Juris Doctor (Law)
99.90+ of your choice, subject to meeting the prerequisites.
The guarantee applies to our professional entry •• Master of Architecture
masters degrees, including the University’s flagship •• Master of Journalism
graduate degrees such as the Juris Doctor (Law), Doctor •• Master of Nursing Science
of Medicine, Master of EngineeringW and Master of
Architecture.E •• Master of Psychology
No minimum grade is required in your undergraduate •• Master of Public Health
degree. •• Master of Social Work
You may also be eligible for the Melbourne Chancellor’s •• Master of Teaching.
Scholarship for your undergraduate degree – see page 20.
See the page opposite for some popular
career pathways from Commerce. For a
ATA R O F You may be eligible for a range of other guarantees, full list of our graduate degrees visit:
94.00– including for the Master of Teaching, Master of
99.85 International Relations and Master of Food Science. coursesearch.unimelb.edu.au/grad
To see all your options, go to:
futurestudents.unimelb.edu.au/guaranteed-entry

Q The guaranteed entry pathways outlined on this page are available to domestic and international students who complete an Australian Year 12 or the International Baccalaureate (IB) in
Australia in 2018. Eligible students must enrol in a University of Melbourne undergraduate degree immediately following Year 12, or be granted a deferral by the University.
W Domestic students applying for the Master of Engineering, Information Systems or Information Technology who complete a University bachelors degree and meet course entry
requirements with a weighted average mark of at least 65% are guaranteed a CSP regardless of their ATAR.
E Some exclusions apply. For the list of applicable courses, see: futurestudents.unimelb.edu.au/guaranteed-entry

26
PATHWAYS TO
PROFESSIONAL
CAREERS

Did you know that, on LAW ENGINEERING PROPERTY


average, Australians with
a graduate degree earn
UNDERGRADUATE UNDERGRADUATE UNDERGRADUATE
$26 000 more than those DEGREE DEGREE DEGREE
with an undergraduate
degree?Q And many Any undergraduate degree Commerce Commerce
except Law
employers prefer to
promote those with a 3 years 3 years 3 years
graduate qualification.

The Melbourne Model offers


GRADUATE DEGREE GRADUATE DEGREE GRADUATE DEGREE
a true graduate school
experience, with over 400
Master of Engineering or
courses to choose from The Melbourne JD Master of Engineering Master of Property
(Juris Doctor)
including law, engineering, (with Business)
medicine, architecture,
3 years 3 years 2 years
psychology and teaching –
just to name a few!

A professional graduate YOUR CAREER YOUR CAREER YOUR CAREER


degree can be a life-changing Lawyer Engineer Property analyst
option, equipping you with
specialised cognitive and Entry requirements Entry requirements Entry requirements
technical skills – and an • An undergraduate degree in a To become an accredited engineer, • An undergraduate degree in a
internationally recognised discipline other than law, or a law you can start with the Bachelor of relevant area with a weighted
qualification. degree from a different legal system. Commerce and progress to the three- average mark of at least 65%, or
year Master of Engineering. equivalent to the University of
• Melbourne Law School considers
Melbourne grading scheme, and
Flexibility and choice are at each application individually and To enter the Master of Engineering,
in its entirety. Selection is based on you’ll need: • A personal statement of up to
the heart of the Melbourne performance in two areas: 500 words outlining relevant prior
Model. We’ve provided • 2 x maths subjects, Calculus 2 and
study and work experience, and
Linear Algebra (or equivalent)
you with some examples • Academic performance from all motivation to undertake
previous tertiary studies • 2 x first-year science subjects, the program
of popular pathways here, related to the engineering stream
• The Selection Committee may
but these are just a small • Law School Admission Test (LSAT) you want to study (for example,
conduct interviews or tests and may
sample of the hundreds of score and essay. if you’re interested in chemical
call for referee reports and employer
engineering, take chemistry.
undergraduate and graduate references to clarify any of the
law.unimelb.edu.au/study/jd For electrical engineering,
points above.
study combinations you can study physics)
follow. Which means you can • A weighted average mark of 65%. Meeting the minimum entry
ensure your pathway will set requirements is not a guarantee
You can take these four required
of entry.
you up to be the specialist that subjects as breadth during your
Commerce degree. First, you’ll take
employers need. one maths and two science subjects
study.msd.unimelb.edu.au/
programs/master-of-property
as breadth.W Then, you can study
To view our full suite of the second maths subject as an extra
graduate courses, visit: subject via the Community Access
Program (CAP), free of charge.E

coursesearch.unimelb.edu.au/grad eng.unimelb.edu.au/study/degrees

Q Postgraduate Destinations 2015, Graduate Careers Australia.


W The University’s breadth rules allow students to complete a maximum of 37.5 points (equivalent to three subjects) of first-year (level 1) breadth subjects.
This allows Commerce students to take Calculus 2 and two science subjects as breadth.
E For students who have completed Calculus 2 and two relevant science subjects and have a weighted average mark of 65%, Melbourne School of Engineering
will cover the cost of the fourth subject, Linear Algebra, to be taken as CAP.

27
ADMISSIONS

HOW TO APPLY International students FEES


International students studying the VCE,
Domestic students Domestic students
an Australian Year 12 or IB in Australia must
Domestic students applying for an apply through VTAC for Semester 1 entry. All domestic undergraduate students are
undergraduate course must submit an enrolled in a Commonwealth Supported
application through the Victorian Tertiary All other international students, including Place (CSP), subsidised by the Australian
Admissions Centre (VTAC). Domestic those undertaking foundation studies Government. Payment of the student
students studying overseas must also in Australia, must apply directly to the contribution amount can be deferred
apply through VTAC. Full details about University or through one of our overseas through HECS-HELP for eligible students.
the VTAC application process can be representatives.
found at: International students
For a step-by-step guide on how to Tuition fees are charged for each year
vtac.edu.au apply, visit: that you are enrolled. You will pay tuition
fees according to your specific enrolment
Non-school leaver entry pathway futurestudents.unimelb.edu.au/ in any given semester. Detailed fee
All applicants to the University must admissions/applications information, including the fee policy
demonstrate academic merit and covering your enrolment, will be provided
meet other requirements as part of the when you are offered a place at the
application process. As a non-school University. For full details about tuition
leaver, you may not have a recent study fees, visit:
history and therefore may not meet
the standard entry requirements for futurestudents.unimelb.edu.au/
the course of your choice. The non- admissions/fees
school leaver entry pathway provides
mature-age applicants and those who
are not entering direct from Year 12 an
alternative way to demonstrate their
eligibility for entry and their likelihood to
succeed in their chosen course.

access.unimelb.edu.au/nsl

The Copland Theatre, The Spot.

28
ENTRY
REQUIREMENTS

Qualification Bachelor of Commerce Commerce (Melbourne Chancellor’s Scholarship)

Australian Year 12

Domestic students: 2019 minimum ATARQ 93.00 99.90 W

Domestic students: 2018 lowest selection rank to


93.05 99.90
which an offer was made

Domestic students: 2019 guaranteed ATAR 95.00 E 99.90

International students: 2019 guaranteed ATARR 94.00 99.90 W

A study score of at least 25 in English/English Language/Literature or at least 30 in EAL, and at least 25 in


VCE (Units 3 and 4) prerequisite subjects
Mathematical Methods or Specialist Mathematics T

International Baccalaureate (IB) Diploma

International students: 2019 guaranteed IB scoreR 36 99.90 (notional ATAR)

IB prerequisite subjectsTY English and Mathematics (or Further Mathematics)TY

GCE A Levels/Singapore A Levels

International students: 2019 guaranteed scoreR ABB


Not available to A Levels students
Mathematics or Further Mathematics and an
A Level prerequisite subjects
accepted AS Level English subject TU

Trinity College Foundation Studies

International students: 2019 guaranteed scoreR 86

EAP, English, Mathematics 1 and History of Ideas. Not available to TCFS students
TCFS prerequisite subjects For specialisation in Actuarial Studies, Mathematics 2
is also required for Semester 2 entry

Q Domestic students: Applicants who achieve the minimum ATAR for a course will be eligible for a place, provided prerequisite studies and any other specific course requirements are met.
The lowest selection rank to which an offer was made may be higher, depending on demand for the course and the number of places available. Only applicants eligible for special entry
schemes will be admitted below the minimum ATAR.
W Students who achieve an ATAR or notional ATAR of 99.90 or above and satisfy course prerequisites will be guaranteed a place in the Melbourne Chancellor’s Scholarship. Students must have
completed an Australian Year 12 qualification or the International Baccalaureate (IB) in Australia, or be an Australian citizen who has completed an Australian Year 12 or IB overseas in the
year prior to entry (students must either enrol immediately or be granted a deferral in the year following Year 12).
E Eligible domestic students who satisfy course prerequisites and achieve an ATAR of 95.00 or above are guaranteed a place in the Bachelor of Commerce.
R International students: The University guarantees admission to a course when an international student achieves the required score, meets prerequisite studies, satisfies the English language
requirements and there are still places available in the course at the time of acceptance. If you do not meet the guaranteed score your application will not be considered for entry, except
for recipients of the Bachelor of Commerce Global Scholarship who may be admitted with a lower entry score. Guaranteed scores apply only if no further study has been undertaken after
completion of one of these programs. Domestic students completing an international qualification: The score listed should be considered a minimum score to be eligible for a place in that
course. The actual standard required may be higher depending on the demand for the course and the number of Commonwealth Supported Places (CSP) available.
T Applicants intending to major in Actuarial Studies or who intend to complete the Master of Engineering following the Bachelor of Commerce are strongly encouraged to complete VCE
Specialist Mathematics Units 3 and 4 or equivalent. If VCE Specialist Mathematics has not been completed, applicants will incur the cost of undertaking an additional Mathematics subject
through the University’s Community Access Program (CAP).
Y For students with English as their second language, a pass in English B at the required level will be accepted as satisfying the English prerequisite. Except where specified, IB subjects must be
passed to at least Grade 4 Standard or Higher Level.
U Accepted GCE AS and A Level English subjects are: General Paper, General Studies, English Language and Literature, English Literature, English Language. Singapore A Level subject
Knowledge and Enquiry (H2) is also accepted. A minimum grade of C is required in prerequisite AS and A Level subjects.

29
GET STARTED
NOW

There’s a lot you can do in high school to get a feel for studying Commerce
at the University of Melbourne.

UNIVERSITY OF •• Achieve an ATAR or notional ATAR


of 95.00 (90.00 if your school is
MELBOURNE EXTENSION considered an under-represented
PROGRAM school in the year of application)
The University of Melbourne Extension •• Meet all course prerequisites.
Program (UMEP) allows you to study a
Plus, you’ll be eligible for relocation
university subject (such as Economics)
allowances and study abroad scholarships,
during Year 12. Most classes are held at
as well as access to the University library
our Parkville campus, where you will study
and a range of networking events while still
alongside first-year university students.
at school.
You will have access to the library network
and receive a University of Melbourne futurestudents.unimelb.edu.au/kld
student card and email account.

If you enrol in a University of Melbourne VCE SUMMER SCHOOL


undergraduate degree after finishing
Year 12, you could receive credit for the The VCE Summer School (VCESS) is a
subjects you completed as part of your two-week tutoring program that takes
Extension Program studies (without any place in January and aims to help high
university tuition fees). school students from disadvantaged
backgrounds gain a head start on their
Plus, your Extension Program studies final years of education. It’s run by
can contribute to your ATAR as a fifth or students for students, with a particular
sixth VCE subject. Depending on your focus on creating a healthy study-
mark, three to five points will be added life balance, helping to correct the
to your ATAR aggregate (the score used to disadvantage in the Victorian education
calculate your final ATAR). system and providing tutoring on a
wider range of subjects than any other
futurestudents.unimelb.edu.au/umep academic service provider. The 2019
program will take place at the University
of Melbourne’s Parkville campus.
KWONG LEE DOW YOUNG
SCHOLARS PROGRAM umsu.unimelb.edu.au/getinvolved/
summerschool/
The Kwong Lee Dow Young Scholars
Program is an academic enrichment
program designed to support high- ON-CAMPUS EVENTS
achieving Victorian Year 11 and Year 12
students, and select secondary students If you want to explore our campus
living close to the New South Wales and and meet staff and students from the
South Australian borders. Bachelor of Commerce, we have plenty
of events throughout the year you can
If you’re an eligible domestic Kwong Lee attend. My Melbourne Future, Open Day
Dow Young Scholar, you’ll be guaranteed and Course Information Day are just a few.
an undergraduate place in Commerce, You can see all upcoming events here:
Arts, Biomedicine, Q Design or Science at
the University of Melbourne in the year futurestudents.unimelb.edu.au/
following Year 12 if you: explore/events

Q A quota applies to the Bachelor of Biomedicine.

30
“After attending a UniMelb VCE revision
lecture in Year 11, I became fascinated with
the University of Melbourne. Since starting
uni, I have been volunteering with the Student
Welfare Outreach Team (SWOT), an initiative
run by current University of Melbourne students.
SWOT is a volunteer tutoring program for
disadvantaged and under-represented high
school students in Melbourne.”
Mazen Elsabrouty (Australia)
Bachelor of Commerce
(Economics and Finance) (Honours)
Concurrent Diploma in Mathematical Sciences

31
If you’re considering studies at the University
of Melbourne, we’d love to hear from you
online or meet you on campus.

Sign up at:
futurestudents.unimelb.edu.au/connect

OPEN DAY
Sunday 19 August 2018
10am–4pm
Parkville and Southbank campuses
openday.unimelb.edu.au

CRICOS Provider Code: 00116K


Intellectual property: Copyright in this publication is owned by the University and no part of it may be reproduced without the permission of the University.
Disclaimer: The University endeavours to ensure that information contained in this publication is current and correct at the time of printing (May 2018).

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