ATAR Notes: Forum

Uni Stuff => Universities - Victoria => University of Melbourne => Topic started by: brendan on January 15, 2008, 01:33:10 pm

Title: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 01:33:10 pm
Shout if you will be a BCom student at melb in 2008!

Capitalists in training:

azhtey
melodrama
Kopite
kingmar
jamesdrv
Galelleo
joechan521
Title: Re: BCom (Melb) 2008 Cohort
Post by: kingmar on January 15, 2008, 01:47:16 pm
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAA!!!!!!!!!1!!!!!!!!!onethousandonehundredandeleven!!!!!!!one!!!!1!!!!!!!1!!!!!1!!!!!!!!!!!!!!1
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 05:22:05 pm
i am still deciding to major finance or acc+fin
Title: Re: BCom (Melb) 2008 Cohort
Post by: Ahmad on January 15, 2008, 05:23:12 pm
I have listed UoM students of FSN and what they are doing here.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 05:23:30 pm
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.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 05:33:38 pm
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?
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 05:36:27 pm
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).
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 05:39:49 pm
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
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 06:03:02 pm
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?
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 06:34:41 pm
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.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 07:09:06 pm
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?

Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 07:12:33 pm
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.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 07:25:08 pm
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
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 15, 2008, 07:31:04 pm
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
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 07:33:05 pm
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
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 15, 2008, 07:40:25 pm
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

oh ok. finance it is then.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 07:41:42 pm
oooh coblin has recommended you my courseplan im doing major in finance with actuarial subjects

1st year - 2007
Semester 1
730-111 Legal Method and Reasoning
730-112 Principles of Public Law
620-121 Mathematics A (Advanced)*
316-102 Introductory Microeconomics
Semester 2
620-123 Applied Mathematics (Advanced)*
333-101 Finance 1
730-114 Torts*
316-101 Introductory Macroeconomics

Summer: 333-201 Business Finance#

2nd year - 2008
Semester 1
730-212 Legal Theory*
730-213 Obligations*
620-201 Probability*
300-203 Financial Mathematics I*
Semester 2
620-202 Statistics*
300-204 Financial Mathematics II*
730-214 Constitutional Law
730-113 Dispute Resolution*

Summer: 333-309 Derivative Securities#

3rd year - 2009
Semester 1
333-302 Corporate Finance
300-334 Financial Mathematics III*
316-317 Econometrics*
Semester 2
300-316 Models for Insurance and Finance*
730-215 Contracts
325-201 Organisational Behaviour
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 07:49:49 pm
brendan thx for your course plan.
but can i do any subjects outside of commerce faculty in core subjects of the new generation commerce??
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 07:59:28 pm
thats my course plan cos im doing Com/law but i've made one just for you:

1st year - 2007
Semester 1
306-107 Accounting Reports and Analysis
620-121 Mathematics A (Advanced)* (breadth)
316-102 Introductory Microeconomics
XXX-XXX
Semester 2
620-123 Applied Mathematics (Advanced)* (breadth)
306-108 Accounting Transactions and Analysis
316-102 Introductory Macroeconomics
XXX-XXX

2nd year - 2008
Semester 1
333-201 Business Finance
620-201 Probability* (breadth)
300-203 Financial Mathematics I*
XXX-XXX
Semester 2
620-202 Statistics* (breadth)
300-204 Financial Mathematics II*
325-201 Organisational Behaviour
XXX-XXX

3rd year - 2009
Sem 1
620-301 Stochastic Modelling* (breadth)
300-334 Financial Mathematics III*
316-317 Econometrics*
XXX-XXX
Semester 2
300-316 Models for Insurance and Finance*
333-302 Corporate Finance
620-302 Chance and Options Pricing* (breadth)
333-309 Derivative Securities

* Only available in that semester

Thats Finance + Actuarial Subjects

Or you could go the traditional Actuarial Science path..
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 08:06:40 pm
thx alot brendan,
i'm only going to do 3 years, so i dont need to do
620-301 Stochastic Modelling (breadth) and
620-302 Chance and Options Pricing (breadth) yeah??
cos i wanted to do some other breadth,
also,is
300-316 Models for Insurance and Finance* really worth getting?
and what do i miss out by not doing quantitative methods 1 and 2

btw i dont think they have
620-121 Mathematics A (Advanced) and
620-123 Applied Mathematics next year
its changed to
620-157 Mathematics 1 and 620-158 Mathematics 2
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 08:09:03 pm
thx alot brendan,
i'm only going to do 3 years, so i dont need to do
620-301 Stochastic Modelling (breadth) and
620-302 Chance and Options Pricing (breadth) yeah??
cos i wanted to do some other breadth,
also,is
300-316 Models for Insurance and Finance* really worth getting?
and what do i miss out by not doing quantitative methods 1 and 2

nah you need them for breadth, if you do want to do honours then you can just delete the honours part.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 08:11:44 pm
i meant can i put other breadth subjects in that space instead, they aren't required for anything yeh
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 08:15:32 pm
i meant can i put other breadth subjects in that space instead, they aren't required for anything yeh

my program i gave you already satisfies the breadth requirement

Consider also these subjects:

Some subjects from Economics faculty
316-201 Intermediate Macroeconomics
316-202 Intermediate Microeconomics
316-210 Competition and Strategy
316-351 Economics of Financial Markets

Subjects from the Finance faculty
333-203 Introductory Personal Finance
333-308 Entrepreneurial Finance
333-310 Intermediate Personal Finance
333-207 Introduction to Real Estate Analysis
333-307 Real Estate Finance
333-303 International Finance
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 08:17:06 pm
wtf Mathematics 1 have 4 hours of lecture+ 2 hours of tut = 6hours per week, wtf

and probability/statistics needs 5 hours/week,  QM1/2 only 3hours/week
i have some serious consideration to decide whether i want to touch actuarial
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 08:18:50 pm
wtf Mathematics 1 have 4 hours of lecture+ 2 hours of tut = 6hours per week, wtf

and probability/statistics needs 5 hours/week,  QM1/2 only 3hours/week
i have some serious consideration to decide whether i want to touch actuarial

no trust me, you would rather go down the maths 1/2 and prob/stats route because that way you satisfy the quantitative requirement and the breadth requirement at the same time! 2 birds with one stone!

Anyway you could always change your mind after you finish your first year.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 15, 2008, 08:19:44 pm
wtf Mathematics 1 have 4 hours of lecture+ 2 hours of tut = 6hours per week, wtf

and probability/statistics needs 5 hours/week,  QM1/2 only 3hours/week
i have some serious consideration to decide whether i want to touch actuarial

lol where can i get all this info on subjects???

link me please??
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 08:27:29 pm
wtf Mathematics 1 have 4 hours of lecture+ 2 hours of tut = 6hours per week, wtf

and probability/statistics needs 5 hours/week,  QM1/2 only 3hours/week
i have some serious consideration to decide whether i want to touch actuarial

no trust me, you would rather go down the maths 1/2 and prob/stats route because that way you satisfy the quantitative requirement and the breadth requirement at the same time! 2 birds with one stone!

Anyway you could always change your mind after you finish your first year.

ic what u mean, but i want to do a language for breadth too, can i do 8 breadth rather than 6?
but if i do 8 breadth and to satisfy both quantitative + breadth requirements with prob/stat, it would be no difference from doing QM and 6 breadth

btw for kopite https://app.portal.unimelb.edu.au/CSCApplication/faces/htdocs/user/search/SimpleSearch.jsp
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 08:30:40 pm
wtf Mathematics 1 have 4 hours of lecture+ 2 hours of tut = 6hours per week, wtf

and probability/statistics needs 5 hours/week,  QM1/2 only 3hours/week
i have some serious consideration to decide whether i want to touch actuarial

no trust me, you would rather go down the maths 1/2 and prob/stats route because that way you satisfy the quantitative requirement and the breadth requirement at the same time! 2 birds with one stone!

Anyway you could always change your mind after you finish your first year.

ic what u mean, but i want to do a language for breadth too, can i do 8 breadth rather than 6?
but if i do 8 breadth and to satisfy both quantitative + breadth requirements with same subject, it would be no difference from doing QM and 6 breadth

btw for kopite https://app.portal.unimelb.edu.au/CSCApplication/faces/htdocs/user/search/SimpleSearch.jsp

oh list out the language breadth subjects that you want to do, and i'll have a look. but you want to do finance right? you sure on finance yeah? i'd say that the max you should do of language breadth subjects is 4.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 08:42:45 pm
yeah im sure with finance, and im keen in doing
670-217 : Chinese 5A
110-042 : Chinese 5B/670-218 : Chinese 5B for breadth

thx for ur help

Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 08:44:40 pm
yeah im sure with finance, and im keen in doing
670-217 : Chinese 5A
110-042 : Chinese 5B/670-218 : Chinese 5B for breadth

thx for ur help


are you sure you do not want to do some more?
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 08:47:20 pm
u mean more breadth?? yeah maybe depends on how much i like the subject, but i don't know what after 5B, theres no 6a

or maybe they only let me start at 4A
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 08:51:01 pm
Well that settles your first year program then:

Semester 1
306-107 Accounting Reports and Analysis
620-121 Mathematics A (Advanced)* (breadth)
316-102 Introductory Microeconomics
333-101 Finance 1
Semester 2
620-123 Applied Mathematics (Advanced)* (breadth)
306-108 Accounting Transactions and Analysis
316-102 Introductory Macroeconomics
110-042 Chinese 5B (breadth)

you can decide what to do after 2nd and 3rd in november this year :) when you have had a taste of the commerce subjects and you are more knowledgeable
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 08:52:49 pm
Well that settles your first year program then:

Semester 1
306-107 Accounting Reports and Analysis
620-121 Mathematics A (Advanced)* (breadth)
316-102 Introductory Microeconomics
333-101 Finance 1
Semester 2
620-123 Applied Mathematics (Advanced)* (breadth)
306-108 Accounting Transactions and Analysis
316-102 Introductory Macroeconomics
110-042 Chinese 5B (breadth)

you can decide what to do after 2nd and 3rd in november this year :)
shouldnt i do chinese 5A before 5B? can i change accounting reports and analysis to chinese 5A?
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 08:56:22 pm
oh wait sorry a few mistakes in there:

here is the actual program:

Semester 1
306-107 Accounting Reports and Analysis*
620-121 Mathematics A (Advanced)* (breadth)
316-102 Introductory Microeconomics*
333-101 Finance 1
Semester 2
620-123 Applied Mathematics (Advanced)* (breadth)
306-108 Accounting Transactions and Analysis*
316-101 Introductory Macroeconomics*
110-042 Chinese 5B (breadth)

Anything with a * you cannot swap around.

This program keeps your options open in finance, economics and actuarial so you can decide at the end of 1st year.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 08:57:56 pm
oh wait sorry a few mistakes in there:

here is the actual program:

Semester 1
306-107 Accounting Reports and Analysis*
620-121 Mathematics A (Advanced)* (breadth)
316-102 Introductory Microeconomics*
333-101 Finance 1
Semester 2
620-123 Applied Mathematics (Advanced)* (breadth)
306-108 Accounting Transactions and Analysis*
316-101 Introductory Macroeconomics*
110-042 Chinese 5B (breadth)

Anything with a * you cannot swap around.
i dont think those 2 accounting subjects are compulsory?
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 09:00:37 pm
oh wait sorry a few mistakes in there:

here is the actual program:

Semester 1
306-107 Accounting Reports and Analysis*
620-121 Mathematics A (Advanced)* (breadth)
316-102 Introductory Microeconomics*
333-101 Finance 1
Semester 2
620-123 Applied Mathematics (Advanced)* (breadth)
306-108 Accounting Transactions and Analysis*
316-101 Introductory Macroeconomics*
110-042 Chinese 5B (breadth)

Anything with a * you cannot swap around.
i dont think those 2 accounting subjects are compulsory?

it is good to have them for a career in finance. a guy working in investment banking told me. you haven't got many other useful first year subjects anyway.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 09:04:04 pm
ic ,thx alot ^^

oh but those 2 subjects  no longer exists this year i think, cant find it in the course book
620-121 Mathematics A (Advanced)* (breadth)
620-123 Applied Mathematics (Advanced)*
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 09:07:03 pm
Maths 1 = 620-121 Mathematics A (Advanced) pre-2008
maths 2 = 620-123 Applied Mathematics (Advanced) pre-2008
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 09:08:22 pm
Maths 1 = 620-121 Mathematics A (Advanced) pre-2008
maths 2 = 620-123 Applied Mathematics (Advanced) pre-2008

but MATHS1 and MATHS2 isn't in the prerequisite for probability
https://app.portal.unimelb.edu.au/CSCApplication/view/2008/620-201
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 09:09:46 pm
Maths 1 = 620-121 Mathematics A (Advanced) pre-2008
maths 2 = 620-123 Applied Mathematics (Advanced) pre-2008

but MATHS1 and MATHS2 isn't in the prerequisite for probability
https://app.portal.unimelb.edu.au/CSCApplication/view/2008/620-201


thats because they havent updated it properly
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 09:11:35 pm
oh ok, they've confused me....  thx you've been helpful
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 09:12:05 pm
Yes, because the maths structure has been revamped, so Probability in 2008 is still catering for people under the old maths structure.

In 2009, the pre-requisites will change so that people with the new maths structure can continue. You should ask your course advisor though. Things are going to be messy with the Melbourne Model and re-organisation.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 09:14:05 pm
oh ok, they've confused me....  thx you've been helpful

it must be the case thats maths 1 and maths 2 is a prereq for probability because of this:
http://www.bcom.unimelb.edu.au/bachelor/actuarial_studies.html#act_accreditation
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 09:15:15 pm
okok, still contemplating whether to do maths1, 4hour lec+2hour tut per week, thats heaps =.=
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 09:16:23 pm
okok, still contemplating whether to do maths1, 4hour lec+2hour tut per week, thats heaps =.=

lol thats nothing man dun be so lazy :P think of it as value for money. it keeps your options open too. you don't want to close your options.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 09:17:37 pm
i want 2 days spare every week lol , excluding weekends
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 09:20:04 pm
i want 2 days spare every week lol , excluding weekends

you don't even have to go to the lab classes anyway, nor do you have to go to the lectures. its not like high school.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 09:21:40 pm
but still, its better to go to the lectures, and the 4 lectures per week is all on different days, if they put it together i would be happier
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 09:37:43 pm
Keeps you active in your maths too :) (which you're good at)
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 09:43:20 pm
lol, i havent touched maths since vce, feels like i forgot all of it, haha
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 10:41:02 pm
i made this sample plan, can u check if its acceptable? thx
year 1
sem1: Mathematics 1/ intro to micro/ intro to macro/ accounting reports and analyais
sem2: mathematics 2/ finance 1/ chinese 4b/ accounting transactions and analysis

year 2
sem1: bus finance/ probability/ financial maths 1/ chinese 5a
sem2: organ. behavior/ statistics/ financial maths 2/ chinese 5b

year 3
sem1: deriv. securities/ model insurance and finance/ corporate finance/ investments(or financial maths3, cos can only do 1 from those 2)
sem2: international finance/ asia capital markets/ xxxx breadth/ xxxx core elective
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 10:47:31 pm
I don't think you can do Introductory Macroeconomics at the same time as Introductory Microeconomics (nor do I think it is offered in semester 1). Cut out Finance 1, because ARA and ATA already fulfil your pre-requisites. Finance 1 is not important, it is general knowledge. Replace it with Introductory Macroeconomics, and take something else in first semester, I guess (perhaps another breadth?).

Sorry, I don't understand how breadth works, can you move your breadth places around freely (and how many do you have)?
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 15, 2008, 10:59:42 pm
I don't think you can do Introductory Macroeconomics at the same time as Introductory Microeconomics (nor do I think it is offered in semester 1). Cut out Finance 1, because ARA and ATA already fulfil your pre-requisites. Finance 1 is not important, it is general knowledge. Replace it with Introductory Macroeconomics, and take something else in first semester, I guess (perhaps another breadth?).

Sorry, I don't understand how breadth works, can you move your breadth places around freely (and how many do you have)?

micro and macro are offered both semesters, i don't see why can't i do both in sem1, also i think breadth can be moved around freely, as long as you meet the pre-req of the breadth.
and must have a third year breadth.

total of 6 or 8 breadth subjects can be taken
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 11:05:31 pm
Oh, I see. But you don't fulfil the pre-requisites: https://app.portal.unimelb.edu.au/CSCApplication/view/2008/316-101

Pre-requisite: 316-102 Introductory Microeconomics

Finance 1 runs in semester 1, so you can just swap them :)
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 11:15:36 pm
HEre:

Semester 1
306-107 Accounting Reports and Analysis*
XXX-XXX Mathematics 1* (breadth)
316-102 Introductory Microeconomics*
333-101 Finance 1
Semester 2
XXX-XXX Mathematics 2* (breadth)
306-108 Accounting Transactions and Analysis*
316-101 Introductory Macroeconomics*
XXX-XXX Chinese 4b (breadth)
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 15, 2008, 11:18:49 pm
year 3
sem1: deriv. securities/ model insurance and finance/ corporate finance/ investments(or financial maths3, cos can only do 1 from those 2)
sem2: international finance/ asia capital markets/ xxxx breadth/ xxxx core elective

dude you need 316-317 Econometrics !! you don't have to make up your mind now, but 316-317 Econometrics is important. more important than "model insurance and finance"

so here is a sample 3rd year program given the subjects u seem to be interested in

3rd year
Sem 1
620-301 Stochastic Modelling* (breadth)
300-334 Financial Mathematics III*
316-317 Econometrics*
333-303 International Finance
Semester 2
300-316 Models for Insurance and Finance*
333-302 Corporate Finance
333-309 Derivative Securities
333-304 Asian Capital Markets
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 15, 2008, 11:31:10 pm
You can take Corporate Finance in Semester 2 I believe.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 16, 2008, 11:25:35 pm
hey, is the only 3rd year breadth available for me is Stochastic Modelling??
Isn't there a 3rd year breadth in chinese??

and thx for all that help brendan and coblin, i decided to give up on finance and major in actuarial studies ^.^
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 16, 2008, 11:35:37 pm
hey, is the only 3rd year breadth available for me is Stochastic Modelling??
Isn't there a 3rd year breadth in chinese??

and thx for all that help brendan and coblin, i decided to give up on finance and major in actuarial studies ^.^

LOlz so you are gonna do actuarial studies? that makes it simple then:
http://www.bcom.unimelb.edu.au/bachelor/actuarial_studies.html

everything is planned out for you!

you will have exactly 4 chinese subjects, and the chinese subject in 3rd year MUST be in semester 1.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 16, 2008, 11:38:07 pm
yeah i know, and put my chinese into the non-maths breadth, that table got it all

how can i have 4chinese subjects? The table only showed 5 breadth subjects, thats not enough for 75 points yeh?
btw, is there a 3rd year chinese subject?
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 16, 2008, 11:41:22 pm
yeah i know, and put my chinese into the non-maths breadth, that table got it all

how can i have 4chinese subjects? i thought theres only 3 empty spots?
btw, is there a 3rd year chinese subject?

1. you don't have to do "introduction to actuarial practice"
2. maybe, but you HAVE to do a level 300 breadth subject to get the degree
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 16, 2008, 11:43:33 pm
yeah i know, and put my chinese into the non-maths breadth, that table got it all

how can i have 4chinese subjects? i thought theres only 3 empty spots?
btw, is there a 3rd year chinese subject?

1. you don't have to do "introduction to actuarial practice"
2. maybe, but you HAVE to do a level 300 breadth subject to get the degree

the sample course plan only have 5 breadth subjects, thats should not enough points ???
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 16, 2008, 11:49:04 pm
yeah i know, and put my chinese into the non-maths breadth, that table got it all

how can i have 4chinese subjects? i thought theres only 3 empty spots?
btw, is there a 3rd year chinese subject?

1. you don't have to do "introduction to actuarial practice"
2. maybe, but you HAVE to do a level 300 breadth subject to get the degree

the sample course plan only have 5 breadth subjects, thats should not enough points ???

no prob/stats, maths1 and maths 2 count as breadth subjects. so thats 4 breadth already

you have a spare in:
yr 1 sem 1
yr 1 sem 2
yr 2 sem 1 or 2 (pick one only)
yr 3 sem 1 <-- must do a level300 breadth subject
Title: Re: BCom (Melb) 2008 Cohort
Post by: AppleXY on January 18, 2008, 11:33:46 pm
Hey guys, Awesome thread. Excellent work to those that got into this fabulous field, it's a dream :D

Anyway this website may help you in what to major in Commerce:


http://www.vault.com/nr/ht_list.jsp?ht_type=1

;)
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 19, 2008, 03:20:59 pm
just a quick question, if i want to do a double major, eg major in eco and fin, and want to do a honour year, do i need to have in the 3rd year, 3 eco subjects, and 4 finance subjects and a breadth, and then i can do a finance honour?
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 19, 2008, 07:42:42 pm
if you wanted to do a double major, then your 3rd yr program would have to include:

316-312 Macroeconomics
316-313 Microeconomics
316-XXX <any level 300 economics subject>
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance
333-309 Derivative Securities
XXX-XXX <level 300 breadth requirement>
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 19, 2008, 10:40:46 pm
i'm probably gonna major in finance. since there aren't that many required subjects, i was wondering what should i do with the other free subjects??? even though i'm not planning to go straight into the business side of things, will employers look favour a grad who has undertaken a few accounting subjects?? wat would be the best combo with my major in finance?? keeping in mind that my breadth subjects will be taken up by an engineering subject sequence. thx
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 19, 2008, 10:43:03 pm
I would the recommend the double major brendan specified above (economics and finance). Depending on what type of engineering you plan to master in, some management subjects may also be useful. By the end of first year (having completed your first year economics subjects), you should know whether you want to major in management or economics alongside with finance.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 19, 2008, 10:47:12 pm
I would the recommend the double major brendan specified above (economics and finance). Depending on what type of engineering you plan to master in, some management subjects may also be useful. By the end of first year (having completed your first year economics subjects), you should know whether you want to major in management or economics alongside with finance.

i'm geared towards chemical atm. so i can double major in both economics and finance with all of my breadth subjects taken up by engineering??? :O koooool!!!!!
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 19, 2008, 10:50:26 pm
Yeah. You won't need any breadth subjects in economics or finance, they are all commerce subjects.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 19, 2008, 10:51:29 pm
Yeah. You won't need any breadth subjects in economics or finance, they are all commerce subjects.

mad thanx coblin
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 19, 2008, 11:58:06 pm
For those of you who are unsure of what kind of specialization you wish to do i recommend the following 1st year program:
Semester 1
306-107 Accounting Reports and Analysis*#
620-157 Mathematics 1* (breadth) (quantitative requirement)
316-102 Introductory Microeconomics* (compulsory)
732-103 Principles of Business Law (breadth)#
Semester 2
620-158 Mathematics 2* (breadth) (quantitative requirement)
306-108 Accounting Transactions and Analysis*#
316-101 Introductory Macroeconomics* (compulsory)
306-106 Business Process Analysis#

* Subject only available in that semester
# required for CPA/CA accreditation

This program will keep Actuarial Science, Economics, Finance, and Accounting specializations open for you. By the end of first year you should know what kind of field of study you wish to continue with.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 20, 2008, 12:05:34 am
That is simply awesome.

306-106 Business Process Analysis

I never knew such a subject existed! I'm doing Chemical Process Analysis at the moment. I wonder if there are any similarities :)
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 20, 2008, 10:39:12 am
if you wanted to do a double major, then your 3rd yr program would have to include:

316-312 Macroeconomics
316-313 Microeconomics
316-XXX <any level 300 economics subject>
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance
333-309 Derivative Securities
XXX-XXX <level 300 breadth requirement>
can i change 
Quote
316-XXX <any level 300 economics subject>
to a 300finance subject if i want to do honour in finance
and can i move the level 300 breadth to 2nd year? eg bus law and company law in sem1 and 2 of 1st year. and taxation law in 2nd year
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 20, 2008, 04:22:02 pm
I'm not sure if you can move breadth spaces, but yes, if you are not planning to get honours in Economics, you can replace 316-XXX with any commerce subject. Even if you change your mind, the economics honours accepts any other level-3 subject as well, but they will look more kindly to economics subjects.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 20, 2008, 04:27:11 pm
can i change 
Quote
316-XXX <any level 300 economics subject>
to a 300finance subject if i want to do honour in finance

you don't need to, you already meet the requirements of finance honours by doing:
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance


and can i move the level 300 breadth to 2nd year? eg bus law and company law in sem1 and 2 of 1st year. and taxation law in 2nd year
no. Students may not enrol in level-2 commerce subjects until they have completed or gained credit for at least 75 level-1 points. Taxation law counts a breadth subject so i guess your 3rd year program would look like:

316-312 Macroeconomics
316-313 Microeconomics
316-XXX <any level 300 economics subject>
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance
333-309 Derivative Securities
732-303 Taxation Law

If you wanted to be eligible for Economics honours and Finance honours. Note that 316-313 Microeconomics and 316-317 Econometrics are only available in sem 1; and 316-312 Macroeconomics and 732-303 Taxation Law are only available in sem 2
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 21, 2008, 01:09:38 am
can i change 
Quote
316-XXX <any level 300 economics subject>
to a 300finance subject if i want to do honour in finance

you don't need to, you already meet the requirements of finance honours by doing:
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance


and can i move the level 300 breadth to 2nd year? eg bus law and company law in sem1 and 2 of 1st year. and taxation law in 2nd year
no. Students may not enrol in level-2 commerce subjects until they have completed or gained credit for at least 75 level-1 points. Taxation law counts a breadth subject so i guess your 3rd year program would look like:

316-312 Macroeconomics
316-313 Microeconomics
316-XXX <any level 300 economics subject>
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance
333-309 Derivative Securities
732-303 Taxation Law

If you wanted to be eligible for Economics honours and Finance honours. Note that 316-313 Microeconomics and 316-317 Econometrics are only available in sem 1; and 316-312 Macroeconomics and 732-303 Taxation Law are only available in sem 2

i think that Taxation Law is already a breadth subject, i would only need 1 breadth in 3rd year, and have 3breadth in 2nd year, cos i want 4 finance and 3 eco subjects fitted in 3rd yr too
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 21, 2008, 01:26:51 am
btw which one is better out of  316-206 Quantitative Methods 2. and 316-205 Introductory Econometrics
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 21, 2008, 01:34:44 am
316-205 Introductory Econometrics will be tougher, and I would recommend it. Engineering/Commerce students must do this one, it is compulsory for this double degree, so this lends to IE's credibility of being the mathematically superior subject.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 21, 2008, 11:38:13 am
btw which one is better out of  316-206 Quantitative Methods 2. and 316-205 Introductory Econometrics

Well if you want to do honours in Economics or Finance, you need to do Econometrics, so therefore Introductory Econometrics is the most relevant.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 21, 2008, 11:40:10 am
i think that Taxation Law is already a breadth subject, i would only need 1 breadth in 3rd year, and have 3breadth in 2nd year, cos i want 4 finance and 3 eco subjects fitted in 3rd yr too

I think you just repeated what i said. Anyone what you want to do is this program for 3rd yr:
 
316-312 Macroeconomics
316-313 Microeconomics
316-XXX <any level 300 economics subject>
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance
333-309 Derivative Securities
732-303 Taxation Law

Econometrics is needed for both Economics honours and Finance honours.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 21, 2008, 09:19:12 pm
Quote
you don't need to, you already meet the requirements of finance honours by doing:
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance

I thought to do finance honours, i need to complete 4 level-3 finance subjects, like 333-3xx
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 21, 2008, 09:33:13 pm
Quote
you don't need to, you already meet the requirements of finance honours by doing:
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance

I thought to do finance honours, i need to complete 4 level-3 finance subjects, like 333-3xx

http://www.unimelb.edu.au/HB/facs/ECO-S11015.html#S14379
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 21, 2008, 09:41:34 pm
Quote
you don't need to, you already meet the requirements of finance honours by doing:
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance

I thought to do finance honours, i need to complete 4 level-3 finance subjects, like 333-3xx

http://www.unimelb.edu.au/HB/facs/ECO-S11015.html#S14379
Quote
To be eligible for admission to honours in finance, students must have completed the requirements of the pass degree, must have achieved an average grade of H2B in at least four subjects offered within the Faculty of Economics and Commerce and must have achieved an H2B in at least three of the four subjects.
and on the course booklet i got today it detailed that they must be 4 level-3 subjects with a 333prefix.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 21, 2008, 09:50:12 pm
Quote
you don't need to, you already meet the requirements of finance honours by doing:
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance

I thought to do finance honours, i need to complete 4 level-3 finance subjects, like 333-3xx

http://www.unimelb.edu.au/HB/facs/ECO-S11015.html#S14379
Quote
To be eligible for admission to honours in finance, students must have completed the requirements of the pass degree, must have achieved an average grade of H2B in at least four subjects offered within the Faculty of Economics and Commerce and must have achieved an H2B in at least three of the four subjects.
and on the course booklet i got today it detailed that they must be 4 level-3 subjects with a 333prefix.


are u sure?
http://www.bcom.unimelb.edu.au/downloads/Finance_brochure.pdf

http://www.finance.unimelb.edu.au/degreesandprograms/Honours.html
"The criteria for eligibility for entry for students enrolled in the Bachelor of Commerce degree are achieving an average grade of H2B in at least four subjects at level-300 offered within the Faculty of Economics and Commerce including 333-301 Investments and 333-302 Corporate Finance, and (at least) passes in 316-316 Basic Economics or 316-317 Econometrics."
Title: Re: BCom (Melb) 2008 Cohort
Post by: melodrama on January 21, 2008, 09:54:04 pm
how difficult is it to drop a subject? is there a deadline?

k that's my question done :P
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 21, 2008, 10:12:32 pm
how difficult is it to drop a subject? is there a deadline?

k that's my question done :P

i think the deadline is the "census date"
Title: Re: BCom (Melb) 2008 Cohort
Post by: melodrama on January 21, 2008, 10:13:22 pm
and then it's absolutely locked-in-concrete for the entire year?
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 21, 2008, 10:17:11 pm
and then it's absolutely locked-in-concrete for the entire year?

um just for the semester i believe.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 21, 2008, 10:31:33 pm
when i try and add subjects, my portal keeps on saying this

Subject selection for your course is currently closed.

wtf??
Title: Re: BCom (Melb) 2008 Cohort
Post by: melodrama on January 21, 2008, 10:36:10 pm
yeah it's stuck like that for all of us. i suggest that you wait it out and start worrying tomorrow or the day after :)

oh so semester 2 is flexible?
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 21, 2008, 10:37:06 pm
yeah it's stuck like that for all of us. i suggest that you wait it out and start worrying tomorrow or the day after :)

oh so semester 2 is flexible?

yyyyyyyyyyyyyyyy????????????
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 21, 2008, 10:57:05 pm
when i try and add subjects, my portal keeps on saying this

Subject selection for your course is currently closed.

wtf??

try again at a later time.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 21, 2008, 11:30:30 pm
when i try and add subjects, my portal keeps on saying this

Subject selection for your course is currently closed.

wtf??

It will open sometime closer to beginning of semester 1. Don't worry, you will have a chance to change your subjects.
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 22, 2008, 07:35:49 pm
Quote
you don't need to, you already meet the requirements of finance honours by doing:
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance

I thought to do finance honours, i need to complete 4 level-3 finance subjects, like 333-3xx

http://www.unimelb.edu.au/HB/facs/ECO-S11015.html#S14379
Quote
To be eligible for admission to honours in finance, students must have completed the requirements of the pass degree, must have achieved an average grade of H2B in at least four subjects offered within the Faculty of Economics and Commerce and must have achieved an H2B in at least three of the four subjects.
and on the course booklet i got today it detailed that they must be 4 level-3 subjects with a 333prefix.


are u sure?
http://www.bcom.unimelb.edu.au/downloads/Finance_brochure.pdf

http://www.finance.unimelb.edu.au/degreesandprograms/Honours.html
"The criteria for eligibility for entry for students enrolled in the Bachelor of Commerce degree are achieving an average grade of H2B in at least four subjects at level-300 offered within the Faculty of Economics and Commerce including 333-301 Investments and 333-302 Corporate Finance, and (at least) passes in 316-316 Basic Economics or 316-317 Econometrics."
yeah im sure, it printed
"An average of H2B or better in four level-3 subjects with a 333 prefix."
on page 13
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 22, 2008, 07:45:18 pm
when i try and add subjects, my portal keeps on saying this

Subject selection for your course is currently closed.

wtf??

can u give me a link to the site? i can't find where to add subjects
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 22, 2008, 07:49:56 pm
Quote
you don't need to, you already meet the requirements of finance honours by doing:
316-317 Econometrics
333-301 Investments
333-302 Corporate Finance

I thought to do finance honours, i need to complete 4 level-3 finance subjects, like 333-3xx

http://www.unimelb.edu.au/HB/facs/ECO-S11015.html#S14379
Quote
To be eligible for admission to honours in finance, students must have completed the requirements of the pass degree, must have achieved an average grade of H2B in at least four subjects offered within the Faculty of Economics and Commerce and must have achieved an H2B in at least three of the four subjects.
and on the course booklet i got today it detailed that they must be 4 level-3 subjects with a 333prefix.


are u sure?
http://www.bcom.unimelb.edu.au/downloads/Finance_brochure.pdf

http://www.finance.unimelb.edu.au/degreesandprograms/Honours.html
"The criteria for eligibility for entry for students enrolled in the Bachelor of Commerce degree are achieving an average grade of H2B in at least four subjects at level-300 offered within the Faculty of Economics and Commerce including 333-301 Investments and 333-302 Corporate Finance, and (at least) passes in 316-316 Basic Economics or 316-317 Econometrics."
yeah im sure, it printed
"An average of H2B or better in four level-3 subjects with a 333 prefix."
on page 13

theres no such thing as a pg 13 on the brochure i linked to: http://www.bcom.unimelb.edu.au/downloads/Finance_brochure.pdf
Title: Re: BCom (Melb) 2008 Cohort
Post by: joechan521 on January 22, 2008, 07:56:47 pm
page 13 on "course planning guide" booklet i received yesterday
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 22, 2008, 08:43:03 pm
http://www.finance.unimelb.edu.au/degreesandprograms/Honours_Program.pdf

https://app.portal.unimelb.edu.au/CSCApplication/view/2008/204-AA

Finance

To be eligible for admission to honours in finance, students must have completed the requirements of the pass degree, must have achieved an average grade of H2B in at least four subjects offered within the Faculty of Economics and Commerce and must have achieved an H2B in at least three of the four subjects. These four subjects must include:

    * 333-301 Investments and
    * 333-302 Corporate Finance.

Students must also have passed 316-316 Basic Econometrics or 316-317 Econometrics.
Selection into honours is at the discretion of the Head of the Department of Finance. Students should note that a quota will be applied to the number of places available for honours in finance.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 23, 2008, 11:29:28 pm
Here is some recommended readings for future commerce students:
http://gregmankiw.blogspot.com/2006/05/summer-reading-list.html

# Milton Friedman, Capitalism and Freedom
# Robert Heilbroner, The Worldly Philosophers
# Paul Krugman, Peddling Prosperity
# Steven Landsburg, The Armchair Economist
# P.J. O'Rourke, Eat the Rich
# Burton Malkiel, A Random Walk Down Wall Street
# Avinash Dixit and Barry Nalebuff, Thinking Strategically
# Steven Levitt and Stephen Dubner, Freakonomics
# John McMillan, Reinventing the Bazaar
# William Breit and Barry T. Hirsch, Lives of the Laureates

I highly recommended the bolded ones
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 25, 2008, 11:31:33 am
This is my subject selection for first yr. Hopefully I haven't stuffed anything up :S ---> Majoring in Finance, and looking to do a Masters in Chemical Engineering.

Transition to Commerce          
1
Introductory Microeconomics       
1
Quantitative Methods 1                 
1
Finance 1                               
1
Calculus 2                                 
1
Accounting Reports and Analysis     
2

Introductory Macroeconomics         
2
Linear Algebra                                 
2
Engineering Systems Design 1         
2
Title: Re: BCom (Melb) 2008 Cohort
Post by: melodrama on January 25, 2008, 11:56:05 am
Semester 1
Transition to Commerce           
Introductory Microeconomics
Accounting Reports and Analysis       
Mathematics 1                 
Engineering Systems Design 1                               

Semester 2
Accounting Transactions and Analysis     
Introductory Macroeconomics         
Mathematics 2
Introduction to Actuarial Studies
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 25, 2008, 12:20:36 pm
This is my subject selection for first yr. Hopefully I haven't stuffed anything up :S ---> Majoring in Finance, and looking to do a Masters in Chemical Engineering.

Transition to Commerce          
1
Introductory Microeconomics       
1
Quantitative Methods 1                 
1
Finance 1                               
1
Calculus 2                                
1
Accounting Reports and Analysis    
2

Introductory Macroeconomics        
2
Linear Algebra                                
2
Engineering Systems Design 1        
2

wat the?

Why are you doing Linear Algebra and Calculus 2? You should do what melodrama is doing except that "Introduction to Actuarial Studies" is replaced with "Finance 1". You can satisfy the quantitative requirement of the BCom by doing Math 1, Math 2, Prob and Stats and they all count as breadth, and plus you don't have to do QM1 and QM2/Intro Econ.

Oh and don't enrol yourself in "Transition to commerce" it only stuffs up your timetable. You also have to be very very certain that you do not want to specialize in Accounting.

i recommend you following 1st year program:
Semester 1
306-107 Accounting Reports and Analysis*
620-157 Mathematics 1* (breadth) (quantitative requirement)
316-102 Introductory Microeconomics* (compulsory)
800-001 Engineering Systems Design 1 (breadth)
Semester 2
620-158 Mathematics 2* (breadth) (quantitative requirement)
306-108 Accounting Transactions and Analysis*
316-101 Introductory Macroeconomics* (compulsory)
333-101 Finance 1 (you don't really need this to go on to 333-201 Business Finance, so you can replace it with something else if you want)

* Subject only available in that semester


Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on January 25, 2008, 12:29:04 pm
This is my subject selection for first yr. Hopefully I haven't stuffed anything up :S ---> Majoring in Finance, and looking to do a Masters in Chemical Engineering.

Transition to Commerce          
1
Introductory Microeconomics       
1
Quantitative Methods 1                 
1
Finance 1                               
1
Calculus 2                                 
1
Accounting Reports and Analysis     
2

Introductory Macroeconomics         
2
Linear Algebra                                 
2
Engineering Systems Design 1         
2

wat the?

Why are you doing Linear Algebra and Calculus 2? You should do what melodrama is doing except that "Introduction to Actuarial Studies" is replaced with "Finance 1". Oh and don't enrol yourself in "Transition to commerce" it only stuffs up your timetable. But you have to be very very certain that you do not want to specialize in Accounting.

Yeah, Calculus 2 and Linear Algebra is what I need to do if I want to do a Masters of Engineering after my BCom. I can't specialize in Accounting as my breadth subjects will be taken up with engineering subjects, meaning I can't do the law subjects which are required for accreditation.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 25, 2008, 12:36:27 pm
This is my subject selection for first yr. Hopefully I haven't stuffed anything up :S ---> Majoring in Finance, and looking to do a Masters in Chemical Engineering.

Transition to Commerce          
1
Introductory Microeconomics       
1
Quantitative Methods 1                 
1
Finance 1                               
1
Calculus 2                                
1
Accounting Reports and Analysis    
2

Introductory Macroeconomics        
2
Linear Algebra                                
2
Engineering Systems Design 1        
2

wat the?

Why are you doing Linear Algebra and Calculus 2? You should do what melodrama is doing except that "Introduction to Actuarial Studies" is replaced with "Finance 1". Oh and don't enrol yourself in "Transition to commerce" it only stuffs up your timetable. But you have to be very very certain that you do not want to specialize in Accounting.

Yeah, Calculus 2 and Linear Algebra is what I need to do if I want to do a Masters of Engineering after my BCom. I can't specialize in Accounting as my breadth subjects will be taken up with engineering subjects, meaning I can't do the law subjects which are required for accreditation.

oh okay. that's fine then.
Title: Re: BCom (Melb) 2008 Cohort
Post by: kingmar on January 25, 2008, 01:37:58 pm
I've virtually followed the course plan in the book. I don't intend to to a Masters in Engineering (I had considered Kopite's path to Chemical Engineering). So, mine looks like this:


306-107 Accounting Reports and Analysis
316-130 Quantitative Methods 1 (quantitative requirement)
316-102 Introductory Microeconomics (compulsory)
800-001 Engineering Systems Design 1 (breadth)

Semester 2
306-106 Business Process Analysis
306-108 Accounting Transactions and Analysis
316-101 Introductory Macroeconomics (compulsory)
732-103 Principles of Business Law

I intend to major in Finance and Accounting. However, if the Dean decides that I am not allowed to major in finance because of the 4 subject requirement, I will readily sacrifice an accounting subject in favour of Finance.

Of course, this delays my accreditation, but I'm under the impression I can follow that up in my honours year.

I think I need to do 316-317 Econometrics in my third year - am I right?
Title: Re: BCom (Melb) 2008 Cohort
Post by: melodrama on January 25, 2008, 01:40:58 pm
what's wrong with transition?
meh ppl told me they wagged it anyways xD
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 25, 2008, 01:59:58 pm
what's wrong with transition?
meh ppl told me they wagged it anyways xD

you can go to it regardless of whether you choose to enrol in it. but if you enrol in it, it stuffs up your timetable, and it makes it harder to swap around tutes.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 25, 2008, 02:02:03 pm
I've virtually followed the course plan in the book. I don't intend to to a Masters in Engineering (I had considered Kopite's path to Chemical Engineering). So, mine looks like this:


306-107 Accounting Reports and Analysis
316-130 Quantitative Methods 1 (quantitative requirement)
316-102 Introductory Microeconomics (compulsory)
800-001 Engineering Systems Design 1 (breadth)

Semester 2
306-106 Business Process Analysis
306-108 Accounting Transactions and Analysis
316-101 Introductory Macroeconomics (compulsory)
732-103 Principles of Business Law

I intend to major in Finance and Accounting. However, if the Dean decides that I am not allowed to major in finance because of the 4 subject requirement, I will readily sacrifice an accounting subject in favour of Finance.

Of course, this delays my accreditation, but I'm under the impression I can follow that up in my honours year.

I think I need to do 316-317 Econometrics in my third year - am I right?

Its better for you if you satisfy the quantitative requirement by doing the subjects i outlined before, because that way you also satisfy the breadth requirement at the same time, so in the end you get to do more commerce subjects. You don't have to scarifice anything if you satisfy the quantitative requirement the way i suggest. Here is your program:

1st year
Semester 1
306-107 Accounting Reports and Analysis*
620-157 Mathematics 1* (breadth) (quantitative requirement)
316-102 Introductory Microeconomics* (compulsory)
732-103 Principles of Business Law (breadth)
Semester 2
620-158 Mathematics 2* (breadth) (quantitative requirement)
306-108 Accounting Transactions and Analysis*
316-101 Introductory Macroeconomics* (compulsory)
306-106 Business Process Analysis

2nd year
Sem1
306-202 Intermediate Financial Accounting*
306-201 Cost Management
325-201 Organisational Behaviour (compulsory)
620-201 Probability* (breadth) (quantitative requirement)
Sem2
306-208 Accounting for Corporate Entities*
732-202 Corporate Law* (breadth)
333-201 Business Finance
620-202 Statistics* (breadth) (quantitative requirement)

3rd year
Sem1
333-302 Corporate Finance
333-301 Investments
306-301 Financial Accounting*
316-317 Econometrics*
Sem 2
333-309 Derivative Securities
306-302 Enterprise Performance Management
306-304 Auditing and Assurance Services*
732-303 Taxation Law* (breadth)

*Subject only available in that semester

So the program I outlined above satisfies:
Accounting honours prerequisites
Accounting major requirement
Finance honours prerequisites
Finance major requirement
CA requirements

Title: Re: BCom (Melb) 2008 Cohort
Post by: jamesdrv on January 25, 2008, 03:07:01 pm
That course outline doesn't satisfy the requirements for honours in Finance or Accounting. The "Course Planning Guide" says you need "a grade of H2B or better in four level-3 subjects with a 306 prefix". The same goes for Finance, but with a 333 prefix.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 25, 2008, 03:54:08 pm
That course outline doesn't satisfy the requirements for honours in Finance or Accounting. The "Course Planning Guide" says you need "a grade of H2B or better in four level-3 subjects with a 306 prefix". The same goes for Finance, but with a 333 prefix.

I was talking about the subjects you ought to do, not the scores you need to achieve. I think that "333" thing is a mistake. It is not consistent with other documents. Better check with the head of department though.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 25, 2008, 10:11:27 pm
what's wrong with transition?
meh ppl told me they wagged it anyways xD

Don't do this for the reason brendan suggested. It takes up places in your timetable, so it makes it harder for you to swap tutes and lecture times around. You can attend them regardless of enrolment, and if you're going to wag them, then putting them on your official timetable is really only a cost to you.

That course outline doesn't satisfy the requirements for honours in Finance or Accounting. The "Course Planning Guide" says you need "a grade of H2B or better in four level-3 subjects with a 306 prefix". The same goes for Finance, but with a 333 prefix.

I was talking about the subjects you ought to do, not the scores you need to achieve. I think that "333" thing is a mistake. It is not consistent with other documents. Better check with the head of department though.

Yes. You will find that no single source is ever good enough at university, LOL. I'm pretty sure it's the way brendan has suggested, it's unlikely they have made the Honours requirement more stringent for New Generation students.
Title: Re: BCom (Melb) 2008 Cohort
Post by: jamesdrv on January 25, 2008, 10:24:27 pm
They have made it pretty clear that you can't do a double major in accounting and finance and still do honours. I haven't seen anything to suggest otherwise either. However, that course plan keeps honours open until the end of second year so i guess you could make a decision then.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on January 25, 2008, 10:33:21 pm
They have made it pretty clear that you can't do a double major in accounting and finance and still do honours. I haven't seen anything to suggest otherwise either. However, that course plan keeps honours open until the end of second year so i guess you could make a decision then.

What is the wording they have used? If it is just about the prefixes, I would say that could easily be a mistake. Honours requirements in the 2007 Handbook have been:

Quote from: http://www.unimelb.edu.au/HB/facs/ECO-S11015.html#S14374
To be eligible for admission to honours in accounting and business information systems, students must have satisfied the requirements of the pass degree and must have achieved a grade average of H2B in at least four level-3 subjects offered within the Faculty of Economics and Commerce. In addition, three of the four subjects must be from the Department of Accounting and Business Information Systems, at least two of them core, with a mark of H2B or better.

Quote from: http://www.unimelb.edu.au/HB/facs/ECO-S11015.html#S14380
To be eligible for admission to honours in finance, students must have completed the requirements of the pass degree, must have achieved an average grade of H2B in at least four subjects offered within the Faculty of Economics and Commerce and must have achieved an H2B in at least three of the four subjects.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 25, 2008, 11:34:07 pm
They have made it pretty clear that you can't do a double major in accounting and finance and still do honours. I haven't seen anything to suggest otherwise either. However, that course plan keeps honours open until the end of second year so i guess you could make a decision then.

Thats probably because they didn't show u that you can satisfy the quant requirement the way that actuarial students can. If you tried to satisfy the quantitative requirement the normal way then you are right, there is no way you could do it. But if you satisfy it the way that actuarial students do (by doing Math 1, Math 2, Prob, and Stats) then you can do it because you hit two birds with one stone (meet quant requirement and breadth requirement at same time). If you do that, you can do more commerce subjects, hence why I can fit all those finance and accounting subjects in.

edit:
I checked the 'major' requirements for both accounting and finance, and the program i specified meets both.


If:
1. You got 40 or above in spesh
2. You prefer commerce subjects over non-commerce subjects

Then you ought to do this first year program:

1st year
Semester 1
306-107 Accounting Reports and Analysis*
620-157 Mathematics 1* (breadth) (quantitative requirement)
316-102 Introductory Microeconomics* (compulsory)
732-103 Principles of Business Law (breadth)
Semester 2
620-158 Mathematics 2* (breadth) (quantitative requirement)
306-108 Accounting Transactions and Analysis*
316-101 Introductory Macroeconomics* (compulsory)
306-106 Business Process Analysis

This program keeps the most options open for you. It keeps open Accounting, Actuarial, Economics, and Finance.
Title: Re: BCom (Melb) 2008 Cohort
Post by: kingmar on January 26, 2008, 06:52:37 pm
According to UoM, the dean is currently consulting over reducing the requirement for honours to 3 subjects - however, I hear a higher grade is needed.

Meanwhile:

1) I haven't done spesh.
2) I want to do ESD 1.

Guess I'll delete the Transition to Commerce sub then.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 26, 2008, 07:20:32 pm
According to UoM, the dean is currently consulting over reducing the requirement for honours to 3 subjects - however, I hear a higher grade is needed.

Meanwhile:

1) I haven't done spesh.
2) I want to do ESD 1.

Guess I'll delete the Transition to Commerce sub then.

ah no spesh D:

There is another way , but you have to be good with your math still. I think you need to do a test or something.
Title: Re: BCom (Melb) 2008 Cohort
Post by: kingmar on January 26, 2008, 09:38:43 pm
No, I prefer to keep my breadth open for some non-commerce, non spesh+ fun. :D
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 26, 2008, 10:24:58 pm
well in that case you can't do both an accounting and finance major. or honours in both. you have to choose.
Title: Re: BCom (Melb) 2008 Cohort
Post by: kingmar on January 26, 2008, 10:30:43 pm
I can do both an accounting and finance major! UoM said so!

I can't do honours in either. I can drop accounting to do Finance honours, and pick up the remaining acc subject in my honours year to attain accreditation.

We will see what the UoM decides.
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on January 27, 2008, 02:52:59 pm
I can do both an accounting and finance major! UoM said so!

I can't do honours in either. I can drop accounting to do Finance honours, and pick up the remaining acc subject in my honours year to attain accreditation.

We will see what the UoM decides.

first of all majors don't matter. employers care about honors and accreditation not about majors. they will see the subjects u do anyway. these "majors" are a new thing to unimelb. thirdly, i doubt very much that you can do level 300 subjects in your finance honours year.

http://www.unimelb.edu.au/HB/facs/ECO-S11015.html#S14381
"Level-3 subjects may not be taken with the exception of 316-350 Time Series Analysis and Forecasting."

Given that you have not done Spesh then i suppose this is the best program for you:

1st year
Semester 1
306-107 Accounting Reports and Analysis*
316-130 Quantitative Methods 1 (quantitative requirement)
316-102 Introductory Microeconomics* (compulsory)
732-103 Principles of Business Law (breadth requirement)
Semester 2
800-001 Engineering Systems Design 1 (breadth requirement)
306-108 Accounting Transactions and Analysis*
316-101 Introductory Macroeconomics* (compulsory)
306-106 Business Process Analysis

2nd year
Sem1
306-202 Intermediate Financial Accounting*
306-201 Cost Management
325-201 Organisational Behaviour (compulsory)
316-205 Introductory Econometrics  (quantitative requirement)
Sem2
306-208 Accounting for Corporate Entities*
732-202 Corporate Law* (breadth requirement)
333-201 Business Finance
XXX-XXX (breadth), I reccomend you do 800-002 Engineering Systems Design 2

3rd year
Sem1
333-302 Corporate Finance
333-301 Investments
306-301 Financial Accounting*
316-317 Econometrics*
Sem 2
XXX-XXX (breadth requirement)
306-302 Enterprise Performance Management
306-304 Auditing and Assurance Services*
732-303 Taxation Law* (breadth requirement)

As far as I know the above program satisfies accounting accreditation, and you satisfy the level-3 requirements for both finance and accounting. Don't worry whether it satisfies "major" requirements, because compared to accreditation and honours, a "major" is trivial.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Galelleo on February 21, 2008, 10:55:32 pm
I heard from dean of mathematics that when majoring in actuarial studies you could do Linear algebra and calculus 2 in first year rather than mathematics 1 and 2.

she said youd meet the same pre-requisite requirements and theyre easier subjects.
Does anyone know any info?
Title: Re: BCom (Melb) 2008 Cohort
Post by: brendan on February 21, 2008, 11:48:06 pm
thats probably wrong.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Galelleo on February 22, 2008, 01:04:09 am
Have done, and ive enrolled in mathmatics 1 and 2, just gathering the info :P
Title: Re: BCom (Melb) 2008 Cohort
Post by: Ahmad on March 16, 2008, 09:01:35 am
looking to do bcom at uom next year but have no interest whatsoever in anything commerce related

This doesn't sound good.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Collin Li on March 16, 2008, 04:01:56 pm
You should study Economics for it's application to Law. You don't need to major in it, because that would require you to continue onto third year Econometrics, which may not be something you wish to do (statistics). You'll definitely have a good idea of what it is because you need to do first-year and second-year statistics subjects (compulsory quantitative requirements).

If you wish to major in Corporate Law, studying Finance will be useful too. Otherwise, just do whatever interests you (e.g: don't do accounting).
Title: Re: BCom (Melb) 2008 Cohort
Post by: AppleXY on March 17, 2008, 12:35:42 am
To enter into Actuarial Studies in 2nd year, you must have completed 300-101 which is Introduction to Actuarial Studies.

Prerequisites: One of 620-120 UMEP Mathematics for High Achieving Students, 620-121 Mathematics A (Advanced), 620-141 Mathematics A, 620-155 Calculus 2, and 620-157 Mathematics 1.


Co-requisite: Students who do not meet the pre-requisite may enrol with either 620-155 Calculus 2 or 620-158 Mathematics 2 as a co-requisite.

Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on March 17, 2008, 10:07:57 pm
that actuarial stuff could be fun.

u might not b able 2 do it. i dunno if the jd requires you to have done law subjects prior to admission. if it were the case, u might not be able to do a actuarial sequence as some of ur subs would be taken up by law subs.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Eriny on March 18, 2008, 01:00:09 am
Hmmm... which area of law are you interested in?
Title: Re: BCom (Melb) 2008 Cohort
Post by: bubble sunglasses on March 18, 2008, 05:50:01 pm
 If I'm not mistaken, you could strike a balance by doing Arts -doing 2 Arts subjects, economics as an "Arts" subject and then a breadth in another commerce subject. That's presuming you like Arts, but just see it as superfluous to your career ambitions.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Eriny on March 18, 2008, 06:28:03 pm
I think that for some areas of law, arts is more relevant, but in other areas commerce is more relevant. I really don't think you should choose commerce for the sake of it if you have no interest in it at all.
Title: Re: BCom (Melb) 2008 Cohort
Post by: Kopite on March 18, 2008, 06:51:59 pm
i dont think so. any undergrad course gives entry into law so they cant really make any prerequisites specific to commerce. my plan is to either get 99.9 which is EXTREMELY unlikely, then get guaranteed entry, or get above 99 and pay full fee for my jd if i dont get in through LSATs. If all of those fail then Monash would surely accept me into law given my completion of a Bachelor of Commerce degree. It would take an extra year compared to just doing a double degree at Monash but I'd say it's worth it.

well thats the melbourne model lol. someone doing agricultural studies could do 2 law subjects a year, which could be used as a pre-requisite into the JD.

how do u noe that monash will accept u after doing a BComm? r u 100% that they will accept u with a BComm from melbourne??