Bachelor of Commerce (B-COM)
Bachelors DegreeYear: 2020 Delivered: On Campus (Parkville)
About this course
Contact
Currently enrolled students:
Future students:
Coordinator
Prof. Paul Jensen
Overview
Award title | Bachelor of Commerce |
---|---|
Year & campus | 2020 — Parkville |
CRICOS code | 002143B |
Fees information | Subject EFTSL, level, discipline and census date |
Study level & type | Undergraduate Coursework |
AQF level | 7 |
Credit points | 300 credit points |
Duration | 36 months full-time or 72 months part-time |
The Bachelor of Commerce (BCom) at Melbourne equips graduates with the knowledge and technical skills necessary to understand and participate in the modern business world. The course also prepares students for subsequent graduate studies and allows them to achieve the highest level of success in their professional careers.
The Bachelor of Commerce provides a solid foundation in economics, accounting, finance, quantitative methods and organisational behaviour. The structure of the course requires students to study compulsory and elective subjects from the core program. These determine a student's major field of study.
A feature of all the new generation undergraduate degrees is the compulsory breadth component. Students choose a number of subjects from disciplines outside of commerce, exposing them to multi-disciplinary knowledge and skills.
The course allows students to meet accreditation requirements specified by accounting and actuarial professional bodies. Graduate options upon completion of the degree include proceeding directly to employment, an Honours year, or further professional or research related graduate studies.
Entry requirements
1. In order to be considered for entry, applicants must have completed:
one of
(a) the Victorian Certificate of Education including:
- VCE Units 3 and 4 – either a study score of at least 25 in one of English, English Language or Literature or a study score of at least 30 in English as an Additional Language, and
- VCE Units 3 and 4 – a study score of at least 25 in Mathematics Methods (CAS) or Specialist Mathematics;
Note: For applicants interested in the Bachelor of Commerce to Master of Engineering Graduate Degree Package, it's strongly encouraged that you complete Specialist Mathematics Units 3 and 4, or equivalent. If VCE Specialist Mathematics is not completed, applicants will be required to undertake an additional Mathematics subject through the University's Community Access Program (CAP). Melbourne School of Engineering will provide a fee waiver for one CAP subject.
(b) the International Baccalaureate Diploma including
- at least Grade 4 in English or English B (Standard Level or Higher Level) and Mathematics;
(c) a senior secondary program, foundation studies program or equivalent approved by the Academic Board including appropriate English language and Mathematics studies.
Except for applicants eligible for Access Melbourne, minimum ATAR or equivalent overall performance rankings apply.
Meeting these requirements does not guarantee selection.
2. In ranking applications, the Selection Committee will consider, prior academic performance.
3. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board rules on the use of selection instruments.
4. For applicants who have not completed the Victorian Certificate of Education or the International Baccalaureate Diploma, the undergraduate English language requirements must be met.
Note. For applications through the Victorian Tertiary Admission Centre, “middle-band” selection adjustments are made only on the basis of eligibility for Access Melbourne.
Inherent requirements (core participation requirements)
The Faculty of Business and Economics welcomes applications from students with disabilities. It is University and Faculty policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student’s participation in the Faculty’s programs.
The BCom and Masters degrees of the Faculty of Business and Economics equip graduates with the knowledge and technical skills necessary to understand and participate in the modern business world. The degrees include the following academic requirements for study:
- The ability to explain and evaluate concepts, theories, institutional arrangements and operations of modern mixed economies;
- The ability to critically evaluate the economy, commerce and business in the broader social and political context;
- The ability to explain and apply concepts across a range of commerce and business disciplines in solving business and policy problems;
- The ability to contribute positively to the development of organisations and society in relation to business, government and the commercial professions.
All students of the Faculty’s courses must possess intellectual, ethical, and emotional capabilities required to participate in the full curriculum and to achieve the levels of competence required by the Faculty. Candidates for the BCom degree and for FBE Masters degrees must have abilities and skills in communication; in conceptual, integrative, and quantitative dimensions; and in behavioural and social dimensions.
- Communication: The student must be able to communicate effectively and efficiently in oral and/or written form. A student must have the ability to clearly and independently communicate knowledge and application of a discipline, principles or practices during assessment tasks, and in some discipline streams.
- Intellectual‐Conceptual, Integrative and Quantitative Abilities: The student is expected to have the ability to develop problem‐solving skills and demonstrate the ability to establish study plans and priorities. These abilities include measurement, calculation, reasoning, analysis, and synthesis. Problem solving requires all of these intellectual abilities. Students should also have the ability to comprehend complex disciplinary and cross disciplinary information related to the BCom and Masters degrees.
- Behavioural and Social Attributes: A student must possess behavioural and social attributes that enable them to participate in a complex learning environment and the emotional health required for full utilisation of his/her intellectual abilities. Students are required to take responsibility for their own participation and learning. They also contribute to the learning of other students in collaborative learning environments, demonstrating interpersonal skills and an understanding of the needs of other students. Assessment may include the outcomes of tasks completed in collaboration with other students. Integrity, concern for others, interpersonal skills, interest, and motivation are all personal qualities that are deemed necessary for students enrolled in FBE courses.
Students who feel their disability will prevent them from participating in tasks involving the inherent academic requirements of the BCom and FBE Masters courses are encouraged to contact the Student Equity and Disability Support. Adjustments can be provided to minimise the impact of a disability, but students should participate in the course in an independent manner.
Professional accreditation
Accreditation information is available on the Faculty's website.
Intended learning outcomes
The Bachelor of Commerce has the objective of enabling students to move into positions of global leadership through the acquisition of contemporary business and economics knowledge, technical skills and professional practice.
On successful completion of the degree, students will have achieved the following learning outcomes.
Graduates of this degree will be knowledgeable across the core requirements of the degree, as demonstrated by the ability to:
- Communicate an understanding of foundational knowledge in the core disciplines of the BCom
- Apply knowledge of major theories, models and modes of analysis in the core disciplines of the BCom to provide insight into complex, practical problems
- Adopt a critical approach to the access, evaluation and use of information from diverse sources
Graduates of this degree will be knowledgeable of at least one of the majors in the degree, as demonstrated by the ability to:
- Communicate an understanding of foundational knowledge in the major(s)
- Critically review key theories, models and modes of analysis in the major(s)
- Apply learning to suggest solutions to complex, practical problems relating to the disciplinary content of the major(s)
Graduates of this degree will be knowledgeable of domestic and international business and economic environments as demonstrated by the ability to:
- Contribute to debate about domestic and global societal issues using the knowledge and modes of analysis acquired through the core of the BCom and the major(s)
- Analyse business and economic issues in an international context
Graduates of this degree will be knowledgeable of disciplines outside the faculty as demonstrated by the ability to:
- Communicate an understanding of theories, models and modes of analysis of selected areas of study outside the core disciplines of business and economics
Generic skills
Graduates of the degree will have the capacity to:
- work collaboratively and productively in groups.
- use basic mathematical and statistical tools of analysis.
- apply critical and analytical skills and methods to the identification, evaluation and resolution of complex problems.
- engage confidently in self-directed study and research.
- communicate ideas effectively in both written and oral formats.
- operate effectively in multicultural and diverse environments.
- effectively use information from diverse sources.
- be proficient in the use of appropriate information technologies.
- critically evaluate new ideas, research findings, methodologies and theoretical frameworks in a specialised field of study.
- recognise and understand the ethical responsibilities of individuals and organisations in society.
Graduate attributes
Bachelor of Commerce graduates will have the following attributes and skills:
Academically excellent
- Analysis and evaluation of evidence in the commerce disciplines in support of an argument, proposition or solution to problems in organisations and in society.
- Strategic and critical thinking in relation to business and commerce related issues.
Research skills including the retrieval of information from variety of business, commerce and economics sources.
- Knowledgeable across disciplines.
- Synthesis of knowledge across disciplines.
- Problem solving through the application of appropriate theories, principles and data.
- Skilled in the use of computer systems and software used in commerce and business through practical assignments, exercises and demonstrations.
Attuned to cultural diversity
- Aware of cultural differences and able to account for these in developing solutions to commerce related problems.
Active global citizens
- Effective communicators on matters related to economics and commerce.
- Participants in discussion and debate on national and international issues related to the disciplines of the faculty.
Leaders in communities
- Effective decision makers in business and commerce.
- Ethical and collegial in professional practice.
Course structure
The Bachelor of Commerce requires the successful completion of 300 points including at least 225 points of commerce discipline subjects and at least 50 points of breadth subjects.
There are compulsory requirements at each level, a compulsory quantitative requirement, and requirements for majoring in a commerce discipline.
Level 1
- A minimum of 87.5 points must be taken at Level 1
- A maximum of 125 points may be taken at Level 1
- A maximum of 37.5 points of breadth may be taken at Level 1
Students admitted to a Graduate Degree Package (GDP) to the Master of Engineering and Chancellors Scholars who intend to apply for the Master of Engineering will be exempt from this Level 1 breadth maximum, as the following four Level 1 subjects will need to be taken to meet the pathway requirements: MAST10006 Calculus 2, MAST10007 Linear Algebra, and two first year Science subjects. (Note: Calculus 2 and Linear Algebra may not be required for certain engineering streams)
Level 1 compulsory subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON10004 | Introductory Microeconomics |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ECON10003 | Introductory Macroeconomics |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT10001 | Accounting Reports and Analysis |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE10002 | Principles of Finance |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Level 2
A minimum of 62.5 points of commerce subjects must be taken at Level 2, including the compulsory subject:
Code | Name | Study period | Credit Points |
---|---|---|---|
MGMT20001 | Organisational Behaviour |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Note: Students who commenced pre-2011 are not subject to the 62.5 point minimum.
Level 3
A minimum of 75 points must be taken at Level 3
IMPORTANT: At least 50 points of Level 3 commerce subjects must be completed at the University of Melbourne
Remaining Points
The remaining 75 points must be comprised of one of the following combinations:
- 25 points of commerce electives and 50 points of breadth
- 12.5 points of commerce electives and 62.5 points of breadth
- 75 points of breadth
Note: Students may not complete more than 37.5 breadth points at Level 1 unless they have been admitted to the Graduate Degree Package (GDP) to the Master of Engineering, or they are Chancellors Scholars and have informed the Faculty (via Stop 1) that they intend to apply for the Master of Engineering.
COMPULSORY QUANTITATIVE REQUIREMENT
There are two ways to satisfy the quantitative requirement of the course:
Option 1 - Standard Path:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON10005 | Quantitative Methods 1 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
AND one level 2 quantitative subject from the list below:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON20003 | Quantitative Methods 2 |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ECOM20001 | Econometrics 1 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT20005 | Business Decision Analysis | Semester 2 (On Campus - Parkville) |
12.5 |
MKTG20004 | Market and Business Research | Semester 2 (On Campus - Parkville) |
12.5 |
Option 2 - Mathematics Path:
Two level 2 subjects are taken in second year:
Code | Name | Study period | Credit Points |
---|---|---|---|
MAST20005 | Statistics |
Summer Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
AND one of:
Code | Name | Study period | Credit Points |
---|---|---|---|
MAST20006 | Probability for Statistics | Semester 1 (On Campus - Parkville) |
12.5 |
MAST20004 | Probability |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
(Students pursuing actuarial studies must complete MAST20004)
Students who opt to complete the mathematics path, do not complete Quantitative Methods 1 and 2. They may, if they wish, complete any of:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECOM20001 | Econometrics 1 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT20005 | Business Decision Analysis | Semester 2 (On Campus - Parkville) |
12.5 |
MKTG20004 | Market and Business Research | Semester 2 (On Campus - Parkville) |
12.5 |
Students who complete the mathematics path are still required to complete 62.5 points of level-2 commerce subjects; the mathematics subjects are counted as breadth.
The level 1 prerequisites for the mathematics path subjects above are as follows:
Students with a study score of 25 or above in units 3/4 VCE Mathematical Methods (or equivalent):
Code | Name | Study period | Credit Points |
---|---|---|---|
MAST10005 | Calculus 1 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MAST10006 | Calculus 2 |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MAST10007 | Linear Algebra |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Students with a study score of 29 or above in units 3/4 VCE Specialist Mathematics (or equivalent):
Code | Name | Study period | Credit Points |
---|---|---|---|
MAST10006 | Calculus 2 |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MAST10007 | Linear Algebra |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Students with a study score of 36 or above in units 3/4 VCE Specialist Mathematics (or equivalent):
Code | Name | Study period | Credit Points |
---|---|---|---|
MAST10021 | Calculus 2: Advanced | Semester 2 (On Campus - Parkville) |
12.5 |
MAST10022 | Linear Algebra: Advanced | Semester 1 (On Campus - Parkville) |
12.5 |
Students with a study score of 38 or above in units 3/4 VCE Specialist Mathematics (or equivalent):
Code | Name | Study period | Credit Points |
---|---|---|---|
MAST10008 | Accelerated Mathematics 1 | Semester 1 (On Campus - Parkville) |
12.5 |
MAST10009 | Accelerated Mathematics 2 | Semester 2 (On Campus - Parkville) |
12.5 |
It is recommended that students not pursuing actuarial studies meet the prerequisites for MAST20006 Probability for Statistics and MAST20004 Probability by enrolling in MAST10006 Calculus 2 and MAST10007 Linear Algebra, even if they meet prerequisites for MAST10008 Accelerated Mathematics 1 and MAST10009 Accelerated Mathematics 2. Students intending to pursue actuarial studies will take the mathematics path and enrol in MAST20004 Probability.
Which Quantitative Subjects?
The choice of quantitative subjects will depend on your chosen field/s of study, your level of ability and interest in mathematics and the subjects in which you wish to enrol later in your degree.
Through the mathematics path, it is possible to satisfy the quantitative requirement of the course by taking mathematics subjects as breadth. This option is suitable for students who enjoy mathematics and have strong mathematical skills.
In deciding which quantitative subjects to take, you should check the prerequisites of the level-2 and level-3 subjects you wish to take to ensure you make the most appropriate choice.
MAJORS
Students must complete at least one major within the BCom, and may complete up to two majors. With the exception of the economics major, a major requires the completion of 3 specified subjects at level 3. To view the majors and relevant subject options, please refer to the Majors section.
Breadth in the Bachelor of Commerce
Breadth studies are those subjects chosen from outside the Faculty of Business and Economics. Students may take all of their 50 - 75 breadth points in one or more breadth disciplines. You can select subjects of your choice, or follow a breadth track: a set of complementary breadth subjects in various disciplines.
Note: Certain breadth subjects in law or mathematics must be taken to gain accounting or actuarial accreditation. Students pursuing an approved engineering breadth sequence or accreditation in actuarial studies should see 'special arrangements' below.
To view breadth subjects for this course, please refer to the Breadth Options section below.
Breadth subjects not available for Bachelor of Commerce students: any subjects offered by the Departments of Accounting, Economics, Finance and Marketing and Management and the Centre for Actuarial Studies cannot be taken as breadth subjects (even if expressly available as a breadth subject for students based in another degree).
Special arrangements
Students commencing in 2010 - 2016 who are pursuing an approved engineering breadth sequence in the civil, electrical, mechanical or software streams will undertake 112.5 points of breadth and 187.5 commerce points.
Students pursuing accreditation in actuarial studies will take 75 – 87.5 points of breadth, including two breadth subjects that are neither mathematics nor statistics.
Students enrolled in the Graduate Degree Package to the Master of Engineering, and Chancellors Scholars who intend to apply for the Master of Engineering, will be permitted to take up to four specific Level 1 breadth subjects to meet the pathway requirements.
Progression
Students must complete 50 points of study at one year-level before proceeding to the next year-level.
Concurrent Diplomas
Certain breadth subjects may be cross-credited toward a concurrent diploma. These diplomas offer specialised study in a range of areas:
- Diploma in Computing
- Diploma in Languages
- Diploma in Mathematical Sciences
- Diploma in Music
Commencing students interested in pursuing a diploma should seek advice from both Stop 1 and the owning faculty of the diploma.
Breadth requirements
Find breadth subjects
Use the Handbook Search function to find subjects that can be used as breadth studies in the Bachelor of Commerce
Majors, minors & specialisations
Majors
Students must complete at least one major within the BCom, and may complete up to two majors. With the exception of the economics major, a major requires the completion of 3 specified subjects at level-3.
Majors are available in the following areas of study:
Name | Credit Points |
---|---|
Accounting | 37.5 |
Actuarial Studies | 37.5 |
Economics | 62.5 |
Finance | 37.5 |
Management | 37.5 |
Marketing | 37.5 |
Further study
Graduate degrees offer the opportunity for graduates to obtain a professional qualification or develop their expertise in an individual field. Graduate studies in commerce are also available for non-commerce graduates.
Graduate Professional Degrees are professional qualifications in disciplines including law, engineering and teaching. Fifty percent of designated places will be Commonwealth supported.
Graduate Programs in Commerce are business qualifications open to graduates from any discipline. They also allow commerce graduates to broaden their knowledge of business and management or extend their expertise in a particular field.
The Honours year provides advanced studies in individual commerce disciplines and is a gateway to research degrees such as the PhD.
Last updated: 16 April 2025