BCom (Melb) 2008 Cohort

[brendan]

Shout if you will be a BCom student at melb in 2008!

Capitalists in training:

azhtey
melodrama
Kopite
kingmar
jamesdrv
Galelleo
joechan521

[kingmar]

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAA!!!!!!!!!1!!!!!!!!!onethousandonehundredandeleven!!!!!!!one!!!!1!!!!!!!1!!!!!1!!!!!!!!!!!!!!1

[joechan521]

i am still deciding to major finance or acc+fin

[Ahmad]

I have listed UoM students of FSN and what they are doing here.

[Collin Li]

I don't think you can fill up a commerce degree with just finance. There are too few subjects. However, there are some actuarial subjects that are extremely relevant to finance, but they are mathematical (surely not a problem given your scores).

I would take that path. Employers like graduates who are strong in maths.

[joechan521]

I don't think you can fill up a commerce degree with just finance. There are too few subjects. However, there are some actuarial subjects that are extremely relevant to finance, but they are mathematical (surely not a problem given your scores).

I would take that path. Employers like graduates who are strong in maths.

coblin, do u mean choosing finance as major, and also do some actuarial subjects too?

[Collin Li]

Yes. Some actuarial subjects include Financial Mathematics I (II and III), Models for Insurance and Finance and there are Honours-level subjects called Advanced Financial Mathematics I and II. These give a good mathematical description of Finance.

Be warned there is a "mutually exclusive" rule on Investments and Financial Mathematics III (can't do both).

[joechan521]

oh ok, i'll take a look at those, thx,
btw are there student parking permits in melb uni if i want to drive there everytime

[joechan521]

Yes. Some actuarial subjects include Financial Mathematics I (II and III), Models for Insurance and Finance and there are Honours-level subjects called Advanced Financial Mathematics I and II. These give a good mathematical description of Finance.

Be warned there is a "mutually exclusive" rule on Investments and Financial Mathematics III (can't do both).

coblin, i've been looking and that "financial mathematicsI" needs prerequisite of "Mathematics" 1 and 2,

but mathematics 1 and 2 are from science faculty, so if i intend to do that, do they have to be in my breadth subjects?? but the actuarial studies are in my commerce core subjects right?

Also for "Models for Insurance and Finance", its prerequisite needs to do "statistics" and "probability" which are science faculty subjects,  and "statistics" and "probability" are not available as breadth subjects.

"financial mathematics II" also needs "probability" as prerequisite
So does that mean i can't do "financial mathematics II or III" or "Models for Insurance and Finance" if im majoring finance??

Do you get what i mean?

[Collin Li]

joechan521, how do you expect Actuarial students (pure BCom) to be able to do them then? Of course you will be able to do them! Probability and Statistics is actually an alternative way to satisfy your quantitative requirements (means you don't have to do Quantitative Methods 1 and some other 2nd-year quantitative subject).

You would probably take them in breadth. I assume it says P&S are not available in breadth because Melbourne Model is only catering for first year at the moment. P&S will probably open as breadth for 2009.

[joechan521]

joechan521, how do you expect Actuarial students (pure BCom) to be able to do them then? Of course you will be able to do them! Probability and Statistics is actually an alternative way to satisfy your quantitative requirements (means you don't have to do Quantitative Methods 1 and some other 2nd-year quantitative subject).

You would probably take them in breadth. I assume it says P&S are not available in breadth because Melbourne Model is only catering for first year at the moment. P&S will probably open as breadth for 2009.

actuarial students treat them as core subjects rather than breadth, and it is compulsory for them.
So i thought they are just a special case to be able to do them.

and i didnt understand what u meant by an alternative way to satisfy your quantitative requirements,
Quantitative Methods 1 and 2 are compulsory, how do they get affected?

[Collin Li]

Nah, the rules that apply to them also apply to you. It is the same course, otherwise they would have separated them. I'm not sure if they count them as part of their course. If they do, you should be able to do that as well.

QM1 and 2 are compulsory in order to satisfy your "quantitative requirements" of the BCom degree. However, you can alternatively choose to do Probability and Statistics instead. This will open up your pre-requisites to your actuarial subjects and it will make it no longer necessary to take QM1 and QM2, because your "quantitative requirements" will have been achieved. This is mentioned in the Commerce handbook, so it is an available alternative to all Commerce students.

[joechan521]

i looked at the commerce handbook, and i think it meant actuarial students who do Probability and statistics dont need to do QM1 and 2. Cos many finance subjects all required QM1 and 2 as prerequisites, anyway thx for your help coblin, i'll prob ask some people on enrollment day

[Kopite]

oi peeps. can i still major in accounting, if my breadth subjects are be taken up with engineering subs?? cos i intend to do a masters of chemical engineering after my BComm. thx

[joechan521]

oi peeps. can i still major in accounting, if my breadth subjects are be taken up with engineering subs?? cos i intend to do a masters of chemical engineering after my BComm. thx

i dont think so, because for accounting u must have bus law, taxation law and corporation law as breadth. there won't be enough room for another engineering sequence