Bachelor of Commerce and Bachelor of Finance

Undergraduate Entry Requirements

Application Fee: AUD $100

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% or above in their previous academic qualifications.

English Language Proficiency:

• IELTS: Overall band score of 6.0 or 6.5 with a minimum of 5.5 in each component.
• TOEFL: Overall score of 80 with a minimum of 19 in each section.
• PTE (Pearson Test of English): Overall score of 58 with a minimum of 50 in each section.

Students must provide:

• academic marksheets & transcripts
• letters of recommendation
• a personal statement - SOP
• passport
• other supporting documents as required by the university.

It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.

Monash University offers a range of scholarships to both domestic and international students to help cover the cost of tuition fees, living expenses, and other study-related costs. These scholarships are awarded based on academic excellence, financial need, leadership potential, and other criteria.

Monash International Merit Scholarship: This scholarship is offered to international students who have demonstrated academic excellence in their previous studies. The scholarship provides up to $10,000 per annum for the duration of the student's course.

Monash Asylum Seekers Scholarship: This scholarship is designed to provide financial assistance to asylum seekers who are undertaking undergraduate or postgraduate study at Monash University. The scholarship covers the cost of tuition fees, as well as a range of other study-related expenses.

Monash Equity Scholarship: This scholarship is offered to students who have experienced financial hardship or other forms of disadvantage that have impacted their ability to succeed academically. The scholarship provides up to $6,000 per annum to assist with living expenses and other costs.

Monash Indigenous Scholarship: This scholarship is available to Indigenous students who are undertaking undergraduate or postgraduate study at Monash University. The scholarship provides a range of benefits, including financial assistance, mentoring, and academic support.

Graduates of the Bachelor of Commerce (BCom) and Bachelor of Finance program at Monash University possess a strong foundation in business management and specialized knowledge in finance, preparing them for rewarding careers in financial services, banking, corporate finance, and investment management. 

Financial Analyst: Graduates can work as financial analysts, conducting financial research, analyzing market trends, and evaluating investment opportunities. They provide insights and recommendations to support decision-making in areas such as asset management, equity research, or financial planning.

Investment Banker: Graduates can pursue roles in investment banking, facilitating mergers, acquisitions, initial public offerings (IPOs), and other corporate finance transactions. They structure deals, manage client relationships, and provide financial advisory services to corporations, financial institutions, and government entities.

Corporate Treasurer: Graduates can work as corporate treasurers, managing organizations' financial liquidity, cash flow, and risk management strategies. They oversee capital raising activities, optimize financial performance, and ensure compliance with financial regulations and corporate policies.

Risk Manager: Graduates with expertise in finance can specialize as risk managers, identifying, assessing, and mitigating financial risks within organizations. They develop risk management frameworks, implement risk mitigation strategies, and monitor market fluctuations to protect organizational assets and ensure financial stability.

Financial Planner/Advisor: Graduates can pursue roles as financial planners or advisors, providing personalized financial advice and wealth management services to individuals, families, and businesses. They assess clients' financial goals, develop comprehensive financial plans, and recommend investment strategies to achieve long-term financial objectives.

Portfolio Manager: Graduates can work as portfolio managers, overseeing investment portfolios and making strategic investment decisions to optimize returns and manage risk. They analyze asset allocations, monitor portfolio performance, and adjust investment strategies based on market conditions and client objectives.

Credit Analyst: Graduates can specialize as credit analysts, assessing the creditworthiness of individuals, businesses, or institutions seeking loans or credit facilities. They analyze financial statements, evaluate repayment capabilities, and recommend credit terms and conditions to minimize credit risk exposure.

Financial Controller: Graduates can pursue roles as financial controllers, overseeing financial reporting, budgeting, and accounting operations within organizations. They ensure financial compliance, manage financial audits, and provide strategic financial guidance to support business decision-making and performance improvement.

Derivatives Analyst/Trader: Graduates with a strong understanding of financial derivatives can work as derivatives analysts or traders, specializing in options, futures, swaps, and other derivative instruments. They analyze market trends, execute trades, and manage derivative portfolios to hedge risks or speculate on market movements.

Economic Consultant: Graduates can leverage their knowledge of finance and economics to work as economic consultants, advising businesses, government agencies, or international organizations on economic policies, regulatory issues, and market trends. They conduct economic research, analyze data, and provide recommendations to enhance economic efficiency and sustainability.