Diploma of Business

Cricos: 043633M

Begin your journey to attain a Business or Commerce degree from Monash University with a Diploma of Business (Business) or Diploma of Business (Commerce). You’ll learn how to work independently, think critically, sharpen your analytical and problem solving skills, while being introduced to the business concepts and theory you will need for University.

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 or accounting. Students are also able to choose a specialist degree such as a Bachelor of International Business where they will learn to operate in international business settings and gain the skills required to do business in different countries and environments.

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

1. Business reports
2. Class presentations
3. Regular tests
4. Group assignments
5. Final exam

Program Details

Important Dates

Course	Oct 2022	Feb 2023	June 2023	Oct 2023
Application Closing Date*	30 Sep 2022	31 Jan 2023	31 May 2023	30 Sep 2023
Orientation & Enrollment	14 Oct 2022	16-17 Feb 2023	15-16 Jun 2023	12-13 Oct 2023
Class Commencement	18 Oct 2022	20 Feb 2023	19 Jun 2023	16 Oct 2023

*Late Applications may be accepted after the deadline on a case-by-case basis.

Entry Requirements

To apply for a Monash College diploma, you must meet the academic and English language requirements. You will also need to check the age, subject and course prerequisites.

Age Requirements

Part 1: 16 years

Part 2: 17 years

If you do not meet the age requirements, you may be offered a deferred placement.

Academic Requirements	Diploma Part 1	Diploma Part 2
Australian year 11 or equivalent	60%	N/A
Australian year 12 or equivalent	Successful Completion	70%
GCSE (Pre 2018)	12 points (best 4 subjects) Total score of the best four academic subjects Grading Scale: A=5, B=4, C=3, D=2, E=1(Pass), F=0	N/A
GSCE (Post 2018) Awarded by: AQA, OCR, Pearson WJEC Eduqas, Cambridge, Edexcel	16 Points Total score of the best 4 academic subjects Grading Scale: A* = 8 - 9 ; A = 7; B = 5 - 6; C = 4; D-E = 3; E-F = 2; F-G = 1; U = U	N/A
GCE O Levels	16 Points Total score of the best four academic subjects Grading comparison between the new scale (9 points) and old scale (A to F): 8 - 9 = A*; 7 = A; 5 - 6 = B; 4= C; 3 = E-D; 2 = F- E; a 1= G-F; U = U	N/A
GCE A Levels	3 points	6 points
IB	Year 11: 4.5 / DP Course: 24	DP: 25
SMA 2¹	78%	N/A
SMA 3¹	75%	78%
MUFY	50	60
English Requirement	Diploma Part 1	Diploma Part 2
IGCSE O level	Literature English, First Language English 0522/0500 – Grade C OR English as a Second Language – Grade B
IB	English SL4 / HL3	English SL4 / HL3
IELTS	5.5 (no band <5.0)	6.0 (Writing 6.0)
PTE (Academic)	42 (no skills <36)	50 (Writing 50)
TOEFL iBT	52 (L5, R5, S14, W15)	69 (Writing 21)
Duolingo	95 (plus performance in long turn answers)	105 (plus performance in long turn answers)
Prerequisites	Diploma Part 1	Diploma Part 2
	English and 60% Mathematics (all Australian Year 11 equivalent, where 50% equals pass)	English (Australian Year 12 equivalent) and Mathematics (Australian Year 11 or 12 Equivalent)²

¹Based on public school grading scales for SMA 2 or SMA 3 in Indonesia qualifications: 100% scale where 75% equals a pass

²If you haven't completed Mathematics (Australian year 12 equivalent), you must complete Business Math (Business Stream) or Functions and Their Applications (Commerce stream) as an elective during your diploma. This may result in additional costs and extended duration of the diploma.

Course Structure and Subject Units

Destination Degree Requirements

Tuition Fees (2023)

Other Fees

Brochure

PART 1	8 Months
TRI 1	MCD1010 Accounting for Business	MCD1020 Introduction to Management	MCD1110 Data Analysis	MCD1690 Introductory Economics
TRI 2	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	8 Months
TRI 1	MCD2020 Microeconomics	MCD2080 Business Statistics	MCD2040 Managing People and Organisations	MCD2050 Marketing 1
TRI 2	MCD2070 Business Law	MCD2170 Foundations of Finance	MCD2150 Accounting for Managers OR MCD2160 Introduction to Financial Accounting	Choose an elective: MCD2090 Macroeconomics OR MCD2030 Managerial Communications OR MCD2110 Marketing 2 OR MCD2140 Business Mathematics (Business Stream)* OR MCD2130 Functions and their Applications (Commerce Stream)*

STREAM	Course	Campus	Qualifications
STREAM	Course	Campus	Part 1	Part 2
Business	Accounting Banking Finance Business Marketing	Caulfield	80	62
	International Business	Caulfield	80	62
	Business and Commerce	Sunway (Malaysia)	70	50
	Business Administration	Peninsula	70	55
Commerce	Actuarial Science Commerce Economics Finance	Clayton	80	70

DIPLOMA	Part 1	Part 2
Business	IDR 137.500.000	IDR 140.500.000

Other Fees
Registration Fee	IDR 500.000
Deposit¹	IDR 7.500.000
Development Fee (For 2 Trimesters)²	IDR 7.000.000
Administration Fee³	IDR 3.000.000
Medical Check-up⁴	IDR 1.050.000
Personal Growth Training⁵	IDR 15.000.000

1	Refundable upon completion of the study, after deduction from compulsory leadership and team building training, printing and photocopy usage, and after the student returns the borrowed books.
2	Include extra tutorials per subject/trimester and general facilities such as the library and internet access
3	For NON-MUFY students only, fee for processing bachelor degree in Indonesia
4	Medical check-up includes tests for TBC, Hepatitis and drug abuse.
5	Choose 4 out of 8 Subjects. 1 Subject per trimester

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