The Monash College Diploma of Business is an ideal starting point for a career in business, industry, a government or non-government body or an international organisation. When you’re finished, you may move into one of the many degrees offered through the Faculty of Business and Economics at Monash University.

Career prospects

Monash University alumni are highly respected throughout the public and private sector and have high profile careers in fields such as:

• accounting/taxation
• business law
• finance
• human resources
• international business
• government
• retail.

Course structure

You must successfully complete 16 units to achieve a Diploma of Business. This includes 14 compulsory units and two elective units:

• Business
• Commerce.

More information

Course duration

Part 1 consists of two trimesters over 8 months.
Part 2 consists of two trimesters over 8 months.

Age requirements

When you enrol, you must be at least:

• 16 years for Part 1
• 17 years for Part 2.

If you do not meet the age requirement, you may be offered a deferred place.

Academic requirements

You will enter diploma at Part 1 or Part 2 depending on your entry scores.

Entry Scores

Academic entry scores for a diploma program differ according to:

• highest education qualification
• previous academic result
• the country you are applying from.

Highest Education Qualification

The minimum entry requirements for the diploma programs are:

• Part 1 - Australian Year 11 or equivalent
• Part 2 - Australian Year 12 or equivalent.

Prerequisite and minimum scores may apply.

• Part 1 country specific entry requirements
• Part 2 country specific entry requirements

English language requirements

English language requirements can be met if English was the language of instruction in secondary studies and an approved English language subject was completed at:

• Year 11 (at least C Grade or 60%)
• Year 12 (VCE units 3 & 4 with a study score of at least English 25 or ESL 30).

Business stream

Part 1

Unit Code	Unit Name
Trimester 1 (compulsory)
MCD1010	Accounting for Business
MCD1020	Introduction to Management
MCD1110	Data Analysis
MCD1690	Introductory Economics
Trimester 2 (compulsory)
MCD1090	Introduction to Marketing
MCD1380	Introductory Law
MCD1540	Intercultural Business Communication
MCD1550	Introductory Mathematics for Business

Part 2

Trimester 1 (compulsory)
MCD2010	Accounting 1
MCD2020	Microeconomics
MCD2040	Management 1: Managing People & Organisations
MCD2050	Marketing 1: Marketing Theory & Practice
Trimester 2 (compulsory)
MCD2070	Business Law (compulsory)
MCD2080	Business Statistics
Choose two electives from:
MCD2030	Management 2: Managerial Communication
MCD2060	Accounting 2
MCD2090	Macroeconomics
MCD2110	Marketing 2: Buyer Behaviour
MCD2130*	Functions & their Applications

Elective Units may not be available every trimester.
*MCD2130 is compulsory for entry into Faculty of Business and Economics destination degrees for students who have not satisfied the mathematics prerequisite in Part 1 or in previous secondary studies.

Refer to the Diploma of Business unit guide (pdf, 148kb) for details on each unit.

Commerce stream

Part 1

Unit Code	Unit Name
Trimester 1 (compulsory)
MCD1010	Accounting for Business
MCD1020	Introduction to Management
MCD1690	Introductory Economics
MCD1110	Data Analysis
Trimester 2 (compulsory)
MCD1090	Introduction to Marketing
MCD1380	Introductory Law
MCD1540	Intercultural Business Communication
MCD1230	Applied Mathematics

Part 2

Trimester 1 (compulsory)
MCD2010	Accounting 1
MCD2020	Microeconomics
MCD2040	Management 1: Managing People & Organisations
MCD2050	Marketing 1: Marketing Theory & Practice
Trimester 2 (compulsory)
MCD2070	Business Law (compulsory)
MCD2080	Business Statistics
Choose two electives from:
MCD2030	Management 2: Managerial Communication
MCD2060	Accounting 2
MCD2090	Macroeconomics
MCD2110	Marketing 2: Buyer Behaviour
MCD2130*	Functions & their Applications
MCD6020	Media & Culture
MCD6050	Communications & Society

Elective Units may not be available every trimester.
*MCD2130 is compulsory for entry into Faculty of Business and Economics destination degrees for students who have not satisfied the mathematics prerequisite in Part 1 or in previous secondary studies.

Refer to the Diploma of Business unit guide (pdf, 148kb) for details on each unit.

First Year at Monash University - on successful completion of Diploma Part 1

Bachelor of	Stream	Domestic^	International	Campus
Business & Commerce	Business	CSP place	70%	Gippsland
Business	Business	CSP place	80%	Caulfield / Berwick / Peninsula
Business & Commerce	Commerce	CSP place	80%	Gippsland / Malaysia
Economics	Commerce	CSP place	80%	Clayton
Commerce	Commerce	CSP place	80%	Clayton

If you are studying outside of Australia, and have not completed Part 2 of your Monash College Diploma, Australian immigration laws may mean that you are ineligible for the visa that would allow you to transfer to Monash College in Melbourne, or Monash University in Australia. Please consult with student administration regarding this matter.

Second Year at Monash University - on successful completion of Diploma Part 2

		Average marks
Bachelor of	Stream	Domestic^	International	Campus
Business & Commerce	Business	CSP place	50%	Gippsland / Malaysia
Business Science	Business	CSP place	50%	South Africa
Business	Business	CSP place	60%	Caulfield / Berwick / Peninsula
Business (Accounting)	Business	CSP place	60%	Caulfield
Business (Banking & Finance)	Business	CSP place	60%	Caulfield
Business (Law)	Business	CSP place	60%	Caulfield
Business (Marketing)	Business	CSP place	60%	Caulfield
Commerce (Accounting & Finance)	Commerce	CSP place	70%	Clayton
Economics	Commerce	CSP place	70%	Clayton
Commerce	Commerce	CSP place	70%	Clayton

Double Destination Degree

		Average marks
Bachelor of	Stream	Domestic^	International	Campus
Business (Accounting / Banking & Finance)	Business	CSP place	65%	Caulfield
Business (Accounting / Management)	Business	CSP place	65%	Caulfield
Business (Management / Marketing)	Business	CSP place	65%	Caulfield
Commerce / Bachelor of Economics	Commerce	CSP place	80%	Clayton

New specializations available at the Berwick campus are Data visualization and modeling, Economics and finance, International business and Quantitative economics.

^Domestic students
Availability of Commonwealth Supported Places (CSPs) is subject to quotas and varies in each intake. Domestic Students need to apply through the Victorian Tertiary Admissions Centre (VTAC) for entry into a Monash University bachelor degree program. Direct applications will not be accepted.

How to calculate the average marks for Diploma of Business

∑ Part 2 Unit Marks / No. Part 2 Units = Average mark

Note: any fail results are included in the average calculation.