courses

3840

Postgraduate - Course

Students who commenced study in 2015 should refer to this course entry for direction on the requirements; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course.

print version

This course entry applies to students commencing this course in 2015 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics.

Course code3840
Managing facultyBusiness and Economics
Abbreviated titleMBus(Sci&Tech)
CRICOS code082330C
Total credit points required96
Standard duration of study (years)2 years FT, 4 years PT
Study mode and locationOn-campus (Caulfield)

Some units may need to be undertaken at Clayton campus.

Admission, fee and application details http://www.monash.edu/study/coursefinder/course/3840
Contact details

Visit http://www.buseco.monash.edu.au/findoutmore/current-students.html

Course coordinator

Dr Peter O'Neill

Notes

  • Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.

Description

The key element of this course is that it is specifically developed to assist students in the management and commercialisation of leading edge medical/scientific or technology projects.

The course comprises units from the Faculty of Law and the Faculty of Business and Economics, and introduces students to the concepts of business, accounting, finance, commercialisation planning, intellectual property and patents, marketing, innovation, law, economics, contemporary management and organisational issues.

These units are designed to challenge, stimulate and develop professional management performance by applying a broad combination of theoretical and practical approaches to the management of complex organisations.

Outcomes

These course outcomes are aligned with the Australian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate AttributesAustralian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate Attributes (http://www.monash.edu.au/pubs/handbooks/alignmentofoutcomes.html).

Upon successful completion of this course it is expected that graduates will:

(a.) be critical and creative scholars who:

  • produce innovative solutions to problems
  • apply research skills to business challenges
  • communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

  • engage in an internationalised world
  • exhibit cross-cultural competence
  • demonstrate ethical values

(c.) have a comprehensive understanding of their discipline and who are able to provide discipline-based solutions to business

(d.) have advanced knowledge to master's level as well as develop a range of essential business skills to assist in the commercialisation of scientific and technical research to enable them to plan, implement and manage such projects.

Credit for prior studies

Students may be eligible for credit to a maximum of 50 per cent of the course requirements for previous graduate level studies. Credits or exemptions up to a maximum of 24 credit points may be granted for a bachelor degree level qualification in relevant discipline and a further 24 credit points may be granted for a honours degree level qualification in a relevant discipline. Credits or exemptions up to a maximum of 24 credit points may be granted for a honours degree level qualification in a non-related discipline.

Maximum credit allowed

48 credit points

Structure

The course has three main components:

  • four business foundation units
  • six specialisation mastery units
  • four elective units.

Students complete one of the following structures as determined by any credit granted for prior studies. Students who have completed an:

  • undergraduate degree in a relevant discipline must complete 72 points from sections (b.) and (c.)
  • honours degree not in a relevant discipline must complete 72 points from units from (a.) and (b.)
  • honours degree in a relevant discipline must complete 48 points from units from (b.).

Requirements

Students must complete:

(a.) four business foundation units (24 points):

  • BTF5903 Law and business decisions
  • ECF5953 Economics
  • MGF5600 Managing innovation
  • MGX5992 Personal development - managing self and relationships

(b.) six specialisation mastery units (48 points):

  • ACF5903 Accounting for business
  • BFF5904 New venture finance
  • LAW5388 Patenting for commercialisation
  • MGX5001 Commercialisation project (12 points)
  • MGX5011 Pathways from science to wealth (12 points)
  • MKF5916 Foundations of marketing

(c.) four elective units offered by the Faculty of Business and Economics (24 points)

Graduate-level electives can be identified using the browse units toolbrowse units tool (http://www.monash.edu.au/pubs/handbooks/units/search) and index of units offered by the facultyoffered by the faculty (http://www.monash.edu.au/pubs/handbooks/units/index-byfaculty-bus.html) in the current edition of the Handbook. The level of the unit is indicated by the first number in the unit code; postgraduate units are those that commence with the number 5. Students must be able to meet any unit prerequisites.

Alternative exit(s)

Students wishing to exit the Master of Business (Science and Technology) early may apply to graduate with the following, provided they have satisfied the requirements for that award:

  • 1679 Graduate Certificate in Business after successful completion of 24 points of study
  • 3848 Graduate Diploma in Business after successful completion of 48 points of study.

Award(s)

Master of Business (Science and Technology)