Undergraduate information
Management
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Commerce major in Management
Management focuses on how organisations operate – what they do, their employment practices, ways of managing and their business strategies. It is the process of achieving organisational goals and demands an understanding of the economic, social and environmental context. Melbourne Commerce graduates are known for their perceptive understanding of business issues, skilful communication and strong leadership. Completing the management major leads to exciting career opportunities in a variety of industries, both in Australia and overseas.
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Where could the management major take you?
Alison McNicholas International compliance, UK
Aakash Chugani Manufacturing, China
Catherine O’Dea Business development, Australia
Michelle Anson Business strategy, Australia
Michael Fernandopulle Corporate advisory, Australia
Tess Coleman-Cox Management consulting, Australia
Henry O’Connell Business management, Australia
Jessica Bradley Corporate relations, Australia
Andrew GennaiGarino Business strategy, Australia
Annabelle Davis Business strategy, Australia
Jaque Qian Strategy consulting, Australia
Is the management major for me? Do you want an exciting graduate role in a consulting firm or top 100 business? Do you want to advise social enterprises and make a difference in the world? Does the idea of setting up your own business or innovating in an existing organisation appeal to you? Then the management major is for you.
What will I be learning? We will teach you what makes organisations tick and how you can work best in any industry around the globe. You will learn about your own personal effectiveness, how to work in teams, and how to solve real organisational problems. You will understand the principles of making good business decisions, managing business operations, dealing with change, thinking globally, and acting ethically.
What knowledge and skills will I develop? We’ll equip you with vital knowledge and skills to prepare for a fulfilling career, including: Motivating yourself and others • Analysing and acting on the social, political, economic and global issues that face organisations • Persuasive communication and effective negotiation •
Team work and leadership • Employment relations management • Designing and implementing innovative organisational policies, practices and process • Strategic thinking and doing •
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Careers in management
Melbourne graduates are among the most employable in the world – the University is ranked first in Australia and 10th globally for graduate employability.* Our students enjoy excellent career outcomes, including high starting salaries, outstanding job satisfaction and exceptional employment rates. Where do management graduates work? Some of our most recent graduates are now working at: Accenture ANZ Banking Group A.T. Kearney Atlas Car & Truck Rentals Australia Post Australian Administration Services Australian Bureau of Statistics Bank of Queensland David Jones DBA Lawyers Deloitte Department of Broadband, Communications and the Digital Economy Deutsche Bank Ernst & Young Etcom Grant Thornton Grocon Harris Capital Financial Planning Hilton Hotels & Resorts Ibisworld IP Australia Jardine Matheson Holdings King & Wood Mallesons KPMG Kraft Foods Lend Lease Maddocks Ministry of Education, Singapore National Australia Bank National Institute of Economic and Industry Research Newcrest Mining Pitcher Partners PricewaterhouseCoopers Pro-Pac Packaging QBE Insurance Salmat Swann Insurance Telstra The Alignment Partnership The American Club, Singapore The Freight Consultants Treasury Wine Estates
Career progression in management Sample job titles Your first job
In 5-10 years
In 15-20 years
Analyst
Adviser
Associate
Business Development Manager
Chief Executive Officer
Business Partner Consultant Coordinator Graduate
Chief Operating Officer
Operations Manager
Managing Director
Project Manager
Managing Partner
Senior Consultant
Principal
Out of the classroom, into the boardroom Management Consulting is a semester-long subject that allows you to work on a project of strategic importance for a Melbourne-based client. You will be able to demonstrate your capabilities in the workplace and get a valuable head start on your career. Global Management Consulting is an intensive version of this subject, taken over two weeks overseas during the winter or summer break. Destinations include Hong Kong, Chile, Singapore, China, Thailand, Malaysia and India. Students have worked with clients in a range of industries and organisations, from large Australian and multinational companies to niche agencies and not-for-profit organisations. Past clients include KPMG, Deloitte, Ernst & Young, Macquarie Bank, Medibank, Telstra, kikki.K, UnitingCare, Channel 31, Melbourne Rebels and Walt Disney Company.
*QS World University Rankings 2013
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Management in the Bachelor of Commerce
Graduates equipped with strong management and leadership skills are always in demand, so our management subjects are extremely popular. The major in management is an excellent choice, either as a single major or in combination with other disciplines. Bachelor of Commerce 24 subjects (usually 8 per year1)
Compulsory subjects 5 subjects to cover Commerce fundamentals
Major and elective subjects 11-15 subjects to deepen your Commerce knowledge
Breadth subjects 4-8 subjects from other disciplines
Introductory Microeconomics
All students are required to complete at least one major, but with careful planning, you can complete up to two majors.3 You can also select a variety of electives from other Commerce disciplines.
Your choice of subjects from outside of the Commerce degree, to complement the management major or to explore other interests. See page 6 for details.
Introductory Macroeconomics Quantitative Methods 1 Business Decision Analysis2 Organisational Behaviour 1
You need to complete a specified amount of Commerce and breadth subjects at particular levels to meet BCom course requirements. A course adviser can help you select subjects to ensure that you don’t neglect these requirements.
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There is a choice of Level-2 subjects available to fulfil the quantitative requirement for the degree. Make sure that your subject choices satisfy prerequisites for future subjects you would like to take.
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To complete the management major, you need to take at least three Level-3 subjects in the discipline.
Subject options in management The Bachelor of Commerce major in management requires you to complete a sequence of at least four management subjects. It is designed to build progressively on your knowledge in the discipline and help you develop expertise in the core areas of management. Here are management subject options you can choose from: Laying the foundations
Acquiring analytical skills
Developing deeper knowledge
Learning through practice
Principles of Management
Organisational Behaviour
Business in the Global Economy
Business Ethics
Managing Human Resources
Business Decision Analysis
Business Negotiations
Strategic Management
Managing Operations
Managing Enterpreneurship and Innovation
Supply Chain Management
Project Management
Managing Employee Relations
Managing in Contemporary Organisations
International Human Resource Management
Business Communication
Business in Asia
Managing Strategic Change
Managing Conflict in Global Workplaces
Managing Work and Your Career
Chinese Business and Economy
Management Consulting
Global Management Consulting
Business Case Analysis
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Study options for management majors
The Commerce degree is extremely flexible and is designed to help you explore your interests. Choosing the management major still keeps you open to other possibilities – what subjects you choose is up to you. Electives are available across the range of Commerce disciplines. With careful planning, you could complete a second major.
What can I combine with the management major? Second major options: Accounting (including accreditation), Economics, Finance, Marketing We do not recommend any particular Commerce major combinations – the choice depends on your career goals and interests. You can wait until second year to confirm your major, so you can take a little time to decide what you want to do.
What breadth subjects can I do? There is a wealth of study options available at the University. You can take all your breadth subjects in one discipline, or break them up to explore different interests. Note that some subject areas have study prerequisites, which you can discuss with a course adviser. Keep in mind that completing particular breadth subjects can lead to graduate study – that’s another option for you to consider. Breadth subjects are available in these study areas: • Agriculture, animal studies, food science and veterinary science
• Language, literature and cultural studies
• Architecture, building and planning
• Law, legal studies and criminology
• Education, teaching and training
• Medicine, dentistry, health and welfare
• Engineering and geomatics • Environment and natural resources • Historical, philosophical, political and social studies • Information technology and systems
Graduate study for management majors The major in management is only the first step towards being a management specialist. You could further refine your skills – for management practice or a career in research – through graduate study. The Master of Commerce (Management), offered through Melbourne Business School, provides Commerce graduates with advanced level studies in management. Students have the option to take one of two pathways: consulting or academic research. Students who choose the academic pathway will be required to undertake the academic thesis over two semesters. The program is designed for Commerce graduates who may be interested in progressing into the PhD program or pursuing a career in consulting, management research or strategy. www.mbs.unimelb.edu.au
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• Music • Performing and visual arts, theatre, film and television • Sciences and mathematics
Studying management as breadth
Can I do management subjects even if I’m not a Commerce student? Yes, you can. One of the cornerstones of Melbourne degrees is breadth studies – the opportunity for all students to take subjects from outside their major area of study. Breadth studies in management are available to students in the Bachelor of Arts, Biomedicine, Environments, Music or Science. If you would like to take management subjects, check the structure of your degree, have a look at prerequisites and consult with a course adviser. As a start, we recommend doing Principles of Management in first year. From there, you can mix and match subjects based on your interests, or complete a sequence of subjects – called a breadth track – to progressively build your management knowledge.
Graduate study in management The Commerce major in management is the best way to build your leadership skills early on, but it’s not the only way to acquire high-level management training. Melbourne Business School offers a range of graduate programs designed specifically for nonCommerce students, or for Commerce graduates who want to add management to their portfolio of skills. These programs provide foundational business knowledge and specialist training in areas such as organisational management, human resources management, and international business.
Doing Business in Asia
Managing Change
Improve your chances of achieving business success with our most important trading partners.
Helps you address one of the most important perennial challenges in business.
• Business in the Global Economy
• Organisational Behaviour
• Business in Asia
• Business Communication
• Chinese Business and Economy
• One of: Managing in Contemporary Organisations, Managing Strategic Change, Managing Work and Your Career
Entrepreneurship and Innovation Build knowledge and skills to assist you in starting your new business venture. • Principles of Management • Managing Operations • Managing Entrepreneurship and Innovation OR Entrepreneurial Marketing
Management and Leadership in Today’s Global Economy Familiarise yourself with the dynamics of business in today’s globalised world. • Principles of Management • Business in the Global Economy • International Human Resource Management OR Business Negotiations
Managing People Develop an understanding of effective people management, one of the most valuable assets of the successful manager. • Organisational Behaviour • Managing Human Resources • One of: International Human Resource Management, Managing Employee Relations, Managing Conflict in Global Workplaces, Business Negotiations
The Socially Responsible Firm Appreciate the economic and social importance of corporate social responsibility. • Organisational Behaviour • Managing Employee Relations • Business Ethics
www.mbs.unimelb.edu.au
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www.bcom.unimelb.edu.au
University Information Course Search web site: http://coursesearch.unimelb.edu.au Call the University Information Centre: 1800 801 662 13MELB@unimelb.edu.au www.bcom.unimelb.edu.au
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Management Undergraduate Information brochure Authorised by: Provost Published by: The Faculty of Business and Economics Photography: Joe Vittorio CRICOS Provider code: 00116K Intellectual Property: For further information refer to www.unimelb.edu.au/Statutes Copyright: Copyright University of Melbourne 2014. Copyright in this publication is owned by the University and no part of it may be reproduced without the permission of the University.
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