Diploma of Business
The Diploma of Business is your first step towards completing your Monash Business or Commerce degree. You’ll learn how to work independently, think critically and make analytical decisions, while being introduced to the business concepts and theory you'll need for University.
Hear about the Diploma of Business
How the program works
You can choose your area of specialisation from day one – better preparing you for your Monash degree. There are two streams to choose between:
- Business stream – popular with students who are interested in a Business degree majoring in banking and finance, marketing and accounting.
- Commerce stream – requires a higher level of mathematics and leads to majors in areas such as economics, finance, actuarial studies and accounting.
In part 2 you’ll study the same subjects as first-year University students and develop your specialist knowledge of business or commerce.
Assessments
- business reports
- class presentations
- regular tests
- group assignments
- a final exam
Course information
| Destination | 2nd year business or commerce at Monash University |
|---|---|
| AQF Level | Level 5 |
| Campus | Clayton |
| Mode of study | On campus |
| Duration |
Part 1: 8 months Part 2: 8 months |
| Intakes | February, June and October |
| Study area |
Specialist: Business or Commerce Want to study a business or commerce and education double degree? Find out how. |
| What you will study |
Part 1: complete 8 core units Part 2: complete 6 core units and 2 electives |
| Contact hours | 5 hours per unit, per week |
| Prerequisites | English and Mathematics |
| What it costs | See our dates and fees page for details. |
| CRICOS Course Code | 043633M |
"Monash College helps prepare me to pursue my dream job as a financial analyst. I received a lot of great advice from my teachers to help shape my future.”
STEFAN YANG (CHINA)
Academic entry requirements
To apply for a Monash College Diploma of Business you must be at least 16 years old and meet the academic requirements.
English language requirements
To study a Diploma of Business you'll need to meet a minimum standard of English.
Course structure and units
Study core units in part 1. In part 2 you'll study the same subjects as first year university students.
Destination degrees
Your destination degree is the Monash University degree you want to study after your Diploma of Business.
Start dates
You can start a Diploma of Business in February, June or October.
Fees
See our dates and fees page for details.
Course structure and units
| Trimester 1: 4 months | Trimester 2: 4 months |
|---|---|
| MCD1010 Accounting for Business MCD1020 Introduction to Management MCD1110 Data Analysis MCD1690 Introductory Economics | MCD1090 Introduction to Marketing MCD1380 Introductory Law MCD1540 Intercultural Business Communication MCD1550 Introductory Mathematics for Business (Business stream) OR MCD1230 Applied Mathematics (Commerce stream) |
Part 2
| Trimester 1: 4 months | Trimester 2: 4 months |
|---|---|
| MCD2020 Microeconomics MCD2080 Business Statistics MCD2040 Managing People and Organisations MCD2050 Marketing 1 | MCD2070 Business Law MCD2170 Foundations of Finance And one of: MCD2150 Accounting for Managers MCD2160 Introduction to Financial Accounting And one of: MCD2090 Macroeconomics MCD2030 Managerial Communication MCD2110 Marketing 2 MCD2140 Business Mathematics (Business stream) MCD2130 Functions and Their Applications (Commerce stream) |
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What careers can a Diploma of Business lead you to?
| Actuary Accounting Marketing Banking and finance | Event management Human resources International trade Project management |