Bachelor of Commerce(Accounting), Bachelor of Economics

4 Years On Campus Bachelors Program

Monash University

Program Overview

The Bachelor of Commerce (Accounting), Bachelor of Economics at Monash University is a comprehensive double degree designed for students who want to combine professional accounting expertise with a strong understanding of economic theory and policy. This program is delivered at Monash University Clayton Campus, Melbourne, Australia, and is ideal for students who are interested in careers in accounting, financial analysis, economic consulting, government policy, and global business decision-making. It develops strong analytical, quantitative, and problem-solving skills needed in today’s data-driven business world.

Curriculum Structure:

Year 1:
In the first year, students build a strong foundation in both disciplines through core units such as Accounting for Decision Making, Microeconomics, and Macroeconomics. These subjects introduce key concepts in financial reporting, economic systems, and market behaviour. Students also develop essential skills in quantitative methods and business communication, forming the basis for advanced study in later years.

Year 2:
In Year 2, students progress to more specialised units including Financial Accounting, Managerial Accounting, and Intermediate Macroeconomics. They also study Econometrics and Business Statistics, which strengthen their ability to analyse financial and economic data. This year focuses on applying theoretical knowledge to real-world business and policy scenarios.

Year 3:
In the third year, students undertake advanced subjects such as Auditing and Assurance, Corporate Accounting, and Applied Microeconomics. They also explore topics like economic policy analysis and financial markets, gaining deeper insight into how economic forces influence business and government decisions. This stage prepares students for professional-level accounting and economic analysis roles.

Year 4:
In the final year, students complete advanced electives and capstone units such as Advanced Financial Accounting, International Economics, and Economic Strategy and Policy. The final year emphasises research, critical thinking, and strategic decision-making, allowing students to integrate accounting expertise with economic analysis for complex business environments.

Focus Areas:
Accounting practice, financial reporting, auditing, taxation, microeconomics, macroeconomics, econometrics, economic policy, financial analysis, business strategy.

Learning Outcomes:
Graduates will develop advanced accounting and economic analysis skills, the ability to interpret financial and economic data, and strong decision-making capabilities for business and policy environments.

Professional Alignment (Accreditation):
The accounting component provides pathways toward professional accreditation with CPA Australia and Chartered Accountants Australia and New Zealand (CA ANZ), while the economics component supports careers in economic analysis, policy advisory, and financial consulting roles.

Reputation (Employability Rankings):
Monash University is consistently ranked among the world’s top universities in business and economics (QS World University Rankings by Subject) and is recognised for strong graduate employability and industry engagement.

Experiential Learning (Research, Projects, Internships etc.)

Students in the Bachelor of Commerce (Accounting), Bachelor of Economics at Monash University gain hands-on, industry-aligned experience through a combination of real-world projects, data-driven learning, and professional engagement activities. Learning is designed to go beyond theory, with students working on financial reporting cases, economic modelling tasks, and business decision-making scenarios that reflect real industry challenges. Students also develop technical proficiency using industry-standard analytical and accounting tools while collaborating in team-based projects that simulate workplace environments.

A strong emphasis is placed on applied learning through Monash Business School’s professional networks, internships, and global opportunities, ensuring graduates are workplace-ready from day one:

Monash Business School Facilities (Monash Business School): Access to specialist learning spaces including business analytics labs, econometrics labs, and collaborative learning environments designed for real-world problem solving.
Monash Trading Room (Monash Trading Room): Hands-on exposure to financial markets using real-time market data and industry-standard financial software used in global banking and investment sectors.
Industry Projects (Monash Industry Experience Program – IEP): Opportunity to work on real business challenges provided by industry partners, developing practical solutions for organisations across accounting, finance, and economics sectors.
Global Immersion Opportunities (Monash Global Immersion Guarantee): International study experiences that allow students to engage with global markets, multinational organisations, and cross-cultural business environments.
Professional Software Training: Development of skills in tools such as Excel, R, Stata, and other statistical and accounting systems used in financial analysis, auditing, and economic modelling.
Case Study Learning & Group Projects: Collaborative assignments based on real corporate, accounting, and economic scenarios that strengthen teamwork, communication, and analytical decision-making skills.
Internship & Work-Integrated Learning: Opportunities to gain practical industry exposure through internships, placements, and employer engagement programs supported by Monash Career Connect.
Monash Library & Research Resources (Monash Library): Access to one of Australia’s largest academic library networks, supporting advanced research, data analysis, and academic development in accounting and economics.

Progression & Future Opportunities

A Bachelor of Commerce (Accounting) / Bachelor of Economics from Monash University develops strong expertise in financial reporting, auditing, taxation, economic theory, and data-driven decision-making. Graduates gain a unique combination of accounting precision and economic analysis skills, enabling them to understand both organisational finances and broader market forces. This double degree creates strong career flexibility across accounting, finance, government policy, consulting, and economic research roles.

Typical career outcomes include:

Accountant
Auditor
Economic Analyst
Financial Analyst
Tax Consultant
Policy Analyst
Business Consultant
Management Accountant

This strong career preparation is supported by:

Career Services (Monash Career Connect): Provides personalised career coaching, resume and interview preparation, employer networking events, mentoring programs, internship support, career fairs, and access to graduate employment opportunities through the Monash Talent platform.
Employment Outcomes: Monash graduates in commerce, accounting, and economics fields are highly regarded by employers across banking, consulting, government agencies, multinational corporations, and financial institutions.
Median Salary: Graduates typically earn a median starting salary of approximately AUD $65,000–$85,000 per year, with higher earning potential as they gain professional experience and qualifications.
Industry Partnerships: Monash Business School maintains strong connections with government departments, economic research institutions, major accounting firms, consulting companies, banks, and multinational corporations, supporting internships, industry projects, and graduate recruitment pathways.
Long-term Accreditation Value: The accounting component supports professional recognition through CPA Australia and Chartered Accountants Australia and New Zealand (CA ANZ), while the economics component builds strong analytical credentials valued in policy, research, and financial sectors globally.
Graduation Outcomes: Graduates pursue careers in accounting firms, economic research organisations, government policy departments, consulting firms, financial institutions, and corporate strategy roles, benefiting from a strong interdisciplinary skill set.

Further Academic Progression: After completing the Bachelor of Commerce (Accounting) / Bachelor of Economics, students can continue into postgraduate study such as Master of Economics, Master of Professional Accounting, Master of Commerce, Master of Finance, Master of Applied Finance, or Master of Business Administration (MBA). Students may also pursue Honours, a Master by Research, or a PhD in Economics, Accounting, Finance, or related disciplines. Professional pathways such as CPA Australia or CA ANZ further enhance career progression into senior analytical, advisory, policy, and executive leadership roles.