Commerce and Actuarial Science

The Bachelor of Commerce at Monash University is a comprehensive and versatile undergraduate degree designed to equip students with the essential knowledge and skills required to thrive in the dynamic world of business and economics. This program offers a broad foundation in core commercial disciplines, including accounting, finance, marketing, management, and economics, providing students with a well-rounded understanding of how organizations operate within the competitive global marketplace. Students have the opportunity to customize their degree through a diverse selection of majors and electives, allowing for specialization in areas such as international business, entrepreneurship, data analysis, and taxation. The curriculum emphasizes practical application, critical thinking, and strategic decision-making, ensuring graduates are prepared to meet contemporary industry challenges. Monash's strong industry links and innovative teaching methods facilitate real-world learning experiences through internships, case studies, and collaborative projects. The program also encourages the development of essential transferable skills such as communication, teamwork, and problem-solving. With access to cutting-edge facilities and a strong network of alumni and industry partners, students are well-positioned to pursue careers in finance, consulting, marketing, accounting, or start their own enterprises. The Bachelor of Commerce at Monash University is ideal for students seeking a rigorous and flexible degree that opens numerous career pathways in the global business environment. Graduates leave with a solid academic foundation complemented by practical experience, making them highly competitive in the job market and prepared for lifelong professional growth.

Graduates may satisfy educational requirements of various professional registrations and memberships.

• Year 12 or equivalent
• Units 3 and 4: a study score of at least 30 in English (EAL) or 25 at Some other English, and a study score of at least 25 in Mathematical Methods (Almost Any ) or Specialist Mathematics

The Bachelor of Commerce at Monash University offers a comprehensive financing framework designed to support students throughout their academic journey. Tuition fees for domestic students are determined annually and are subject to government regulations and university policies. For international students, fees are typically higher and are set at the beginning of each academic year, reflecting the higher costs associated with international education. Students are expected to pay their tuition fees either upfront or through a government-supported loan scheme such as HECS-HELP for eligible domestic students. Monash also provides a range of scholarships and financial aid options to assist students in managing the costs associated with their studies. These scholarships can be awarded based on academic merit, financial need, or specific criteria related to the program or student background. In addition to tuition, students should budget for additional expenses including textbooks, course materials, student services and amenities fees, accommodation, transportation, and personal living costs. The university offers various on-campus employment opportunities and part-time work options to help students earn additional income during their studies. International students have access to specific financial programs including health insurance (OSHC) and may also be eligible for scholarships designated for international students. Payment plans are available to spread out the costs over the duration of the course, making financial management easier for students. Monash University maintains transparency in its fee structure and provides detailed information about expected costs on its official website. Furthermore, students are advised to explore external funding sources such as government grants, private loans, and bursaries to supplement their financing strategies. For students enrolled in exchange or study abroad programs, specific financial arrangements and additional fees may apply. Overall, the university emphasizes a balanced approach to financing, combining internal support mechanisms with external funding opportunities, to ensure that students can focus on their academic and career development without undue financial stress.

Commerce and Actuarial Science at Monash University offer students a comprehensive education in business principles, economic theories, and statistical methods. The program aims to equip students with the skills necessary for careers in finance, insurance, consulting, and other sectors requiring advanced analytical and quantitative expertise. The curriculum includes core subjects such as accounting, economics, finance, and business law, alongside specialized modules in actuarial studies, risk assessment, and statistical analysis. Students gain practical experience through case studies, industry projects, and internship opportunities, fostering real-world applications of theoretical knowledge. The program is designed to develop critical thinking, problem-solving, and communication skills, essential for leadership roles in dynamic business environments. Monash’s strong industry links ensure graduates are well-prepared for employment and professional accreditation, particularly in the actuarial field, where certification by professional bodies like the Actuaries Institute is highly regarded. The degree offers flexibility, enabling students to tailor their studies to interests within the broader commerce field. Depending on the chosen pathway, students may undertake a double degree or combined programs, extending their expertise and enhancing employability. The faculty comprises experienced academics and industry experts who incorporate up-to-date research and industry practices into coursework. Students benefit from modern facilities, dedicated support services, and networking events that connect them with potential employers and industry leaders. Upon graduation, students are equipped with the quantitative and analytical skills needed to understand complex financial and economic systems, assess risks accurately, and contribute to strategic decision-making. The program's strong emphasis on ethical standards and responsible management prepares students to address contemporary challenges in global commerce and actuarial professions. Overall, Monash's Commerce and Actuarial Science degree provides a rigorous education foundation that bridges theoretical knowledge and practical application, ensuring graduates are competitive in the international job market.