What will I study?
Equip yourself with the leadership, analysis, planning and decision-making skills to succeed from day one. In this major, you can choose subjects from specialist areas including business management, human resource management, international business and operations management.
Your major structure
In your first and second year you will complete core subjects that are prerequisites for your major, as well as electives and breadth subjects.
In your final year you will study your major subjects, plus the a combination of elective and breadth subjects.
Breadth is a unique feature of the Melbourne Model. It gives you the chance to explore subjects outside of commerce, developing new perspectives and learning to collaborate with others who have different strengths and interests — just as you will in your future career.
Some of our students use breadth to explore creative interests or topics they have always been curious about. Others used breadth to improve their career prospects by complementing their major with a language, communication skills or business expertise.
Sample course plan
View some sample course plans to help you select subjects that will meet the requirements for this major.
Sample course plan - Management Major
- Major Core
- Breadth or Elective
- Major Elective
- Major Core
- Breadth or Elec...
- Major Core
- Major Elective
- Major Elective
- Breadth or Elec...
- Major Elective
Explore this major
Explore the subjects you could choose as part of this major.
- Business Judgement12.5
This subject serves as a capstone for the Management and Marketing majors within the Bachelor of Commerce. As such, the aim is to integrate students’ knowledge of core business functions and analytical tools and apply these to the problems faced by modern organisations and decision-makers. Students will be exposed to these problems through simulation tasks and case analyses. Students will be challenged to form and act upon judgments around strategic directions, marketing priorities, and entrepreneurial opportunities. There is a strong focus on the need to collectively arrive at decisions within decision groups, and to argue for these choices through typical business communication formats (e.g. business plans, slide packs, formalised reviews).
- Managing in Contemporary Organisations12.5
Managing in Contemporary Organisations
This subject will examine the management of contemporary organisations with a particular emphasis on understanding link between theory and practice. Subject content will include an introduction to a broad set of perspectives relating to how organizations are managed today, such as, technology, innovation, strategy, design, structure, culture, and change. By focussing on case studies students will gain insight on the importance of theory for providing solutions to typical organizational problems.
- International Human Resource Management12.5
International Human Resource Management
Globalisation challenges managers and employees to grapple with complex issues as they seek to gain competitiveness. This subject will provide an examination of international human resource management (HRM), particularly firm-level human resource strategies in the international competitive environment. The relationships between the external environment, organisational factors, and international HRM strategies and practices will be studied from both theoretical and practical perspectives. The subject will include topics such as strategic issues for international HRM, HRM in a variety of international organisational forms, cross-cultural issues, and expatriate management.
- Managing Strategic Change12.5
Managing Strategic Change
This subject explores different models of strategy making and examines some of the difficulties involved in managing strategic change. Traditional models see strategy making as a straightforward, rational, 'top-down' process. Empirical work shows, however, that the formulation and implementation of strategies is a complex process, which is affected by political, cognitive, and contextual factors. Top managers can formulate a detailed strategic plan; but plans are not always put into practice nor are the plans that are put into practice necessarily successful. The subject commences by reviewing traditional models of strategy making where strategies are formed to derive a competitive advantage that enables the organisation to respond to environmental threats and opportunities. Students will then be introduced to other models, including institutional, ecological, competitive, value-driven and critical perspectives, to explore how strategic change is managed.
- Managing Entrepreneurship and Innovation12.5
Managing Entrepreneurship and Innovation
The subject is systematically organised around the creation, assessment, growth development, and operation of new and emerging ventures. The subject consists of four main parts: Part 1 introduces the emerging world of entrepreneurship and looks at entrepreneurial activity of countries in the Asia-Pacific. The concept of entrepreneurship is introduced as an emerging strategy. Part 2 explores creativity for individuals and the concept of innovation. We also look at the challenges facing growing entrepreneurial ventures from a family business perspective, such as management succession, ethics and social entrepreneurship. Part 3 is concerned with the methods of assessing new ventures and business opportunities as well as certain proprietary protections (patents, copyrights and trademarks). This part also focuses on the growth and development of entrepreneurial ventures. The need for strategic planning, the challenge of managing entrepreneurial growth, and the global opportunities available to entrepreneurs are also discussed. Finally, Part 4 focuses on the development of a sustainable business plan, including assessment of regulatory, competitive and local environments and their effect on new and emerging ventures.
- Organisations, Ethics and Society12.5
Organisations, Ethics and Society
This subject critically examines the ways in which business organisations affect and are affected by the wider society in which they operate. That 'wider society' includes governments, communities, the natural environment and other stakeholders. It also includes global and local trends and forces, e.g., advances in technology, cultural diversity, economic and political forces. This subject explores the contested meanings and practices of ethical decision making in organisations and corporate social responsibility. It also examines how public issues and crises rise and fall over time, and how organisations respond (e.g., triple bottom line reporting). Such issues and crises include corporate financial scandals, anti-globalisation protests and climate change. This subject also considers the impact upon profitability, or the 'business case', for operating in an ethical and socially responsible manner. These themes constitute major strategic questions currently facing organisational managers and researchers.
- Supply Chain Management12.5
Supply Chain Management
This subject covers the concepts and practices of the developing field of supply chain management, involving the arrangement of information, goods and services and business relationships within and between organisations in a supply chain. Strategic management thinking in supply terms has moved away from optimising the purchasing of goods and services to focusing on how a company can manage all aspects of supply activity to create the maximum level of competitive advantage. This involves cost savings (through such activities and concepts as economies of scale, open-book pricing arrangements and transparency); improving time-to-market; developing market-leading innovative products and services; and improving both the effectiveness and efficiency of the firm.
- Management Consulting12.5
MGMT30012 is a capstone subject designed to provide students with an enriched learning experience. Working in cross-disciplinary teams, students will be assigned to a client organisation and will be required to draw on their prior knowledge gained from their studies to address contemporary business problems/opportunities at the individual (e.g. employee satisfaction, customer experience, etc), organisational (e.g. process analysis/improvement, organisational design, etc.) and industry/societal (e.g. industry analysis, go-to-market strategies, etc) level.
Students will be supported by formal lectures that cover practitioner-oriented methodologies. The mastery of specific consulting tools and techniques will be achieved through skill-based workshops led by experienced instructors. Students will learn to work with unstructured and incomplete information, to develop research and networks to support their enquiry, to work successfully in teams, and to present their findings and seek and receive constructive feedback in a range of settings. Students will also be encouraged to plan, reflect and modify their approaches to improve the outcomes of their efforts in managing their business project.
- Strategic Management12.5
This subject explores the core management challenge of strategy formulation. This involves identification, assessment and selection of business and corporate strategy options, all with an eye to building and sustaining competitive advantage. Business strategies address the question of ‘how to compete’ in a given industry or market. Corporate strategies consider choices around industries, activities and locations. Students will utilise and critique a range of analytical frameworks, each crucial in developing a ‘whole of business’ strategic vision, beyond functional marketing, operations and finance decisions.
- Managing Work and Your Career12.5
Managing Work and Your Career
This subject enhances students’ understanding of what it means to work in an organisation and how to develop their own careers. It is suitable for all undergraduates wanting to succeed at work. Based on theories of career and organisational studies, the subject is designed to offer practical insights for getting into an organisation, focusing on the graduate employment process, getting along with others at work including self-management, politics, influence and ethics, and getting ahead by investing in human and social capital. The subject will also address contemporary careers issues such as the role of social media, gender, work-life management, issues of employability and what is career success. Through the use of reflection, experiential activities and case studies the workshops will examine how these theories can be applied at the individual level.
- Global Management Consulting12.5
Global Management Consulting
Bachelor of Commerce students will be assigned in small groups to a host organisation in the respective country. Working in teams, they will undertake a structured business planning or business development exercise. This will be supported by seminar work providing approaches, tools, techniques and reporting format. During the Industry Project, in-depth work will be undertaken in identifying the scope, opportunities, constraints and recommendations of the exercise. Students will learn to work in an international context with unstructured and incomplete information in real business settings, to develop research and networks to support their enquiry, to work successfully in teams, to present their findings and seek and received constructive feedback in a range of settings. Students will also be encouraged to plan, reflect upon and modify their approaches to improve the outcomes of their efforts in managing the business project.
- Business Communication12.5
The ability to communicate effectively in the workplace is crucial to graduates and managers alike. This subject covers the fundamentals of good business communication and uses management theories to explore the latest trends in workplace communication. Some of the topics covered may include corporate communication with stakeholders, social media and employee communication, impact of new information and communication technologies, and informal communication systems in organizations. It will involve the critical analysis and contemporary trends in business communication and will focus on integrating knowledge to help students make the transition to employment.
- The Future of Work12.5
The Future of Work
The way we work is changing. The forces of globalisation, technological advancement and population pressures are reshaping the nature and meaning of ‘work’. Graduates entering the new world of work face a revolution in working practices and organisational culture. There are greater opportunities for autonomy, flexibility and creativity, but there is also more uncertainty about job security and employment pathways. New work opportunities have emerged that did not exist just a few years ago, yet career choices that were previously considered ‘safe’ have also come under new threats from increasingly capable technologies.
Addressing opportunities and challenges, this subject intends to equip students with the knowledge and skills needed to meet, and eventually lead, the ‘future of work’.
The subject is intended as a meaningful development journey that helps students to plan for and succeed in their careers. Through the use of reflection, peer interaction, case studies and workshops, students will learn how to apply the course content at the individual, organisational and global levels.
- Business Ethics12.5
This subject addresses the ethical challenges confronting managers and marketers in contemporary business organisations. Ethically questionable practices can include sweatshop labour, the destruction of the natural environment, sex in advertising, and political lobbying and influence. But business and marketing can also demonstrate ethical leadership, for example through green products, cause-related marketing and sustainable supply chains. The subject will explore why firms respond in these ways from the context of debates on corporate social responsibility (CSR) and sustainability, including strategic, ethical and critical/political perspectives. The subject then addresses what ethical issues are important to specific stakeholder groups, including employees, consumers, governments and NGO activists.
- International Corporate Governance12.5
International Corporate Governance
Corporate governance study has grown rapidly over the last decade fuelled by high profile corporate collapses such as Enron, HIH and the Lehman Brothers. The knowledge of corporate governance has become central to companies, directors, shareholders, employees, other stakeholders, and the wider business community. Topics will include ethics and corporate governance theories, board of directors, leadership, executive compensation, institutional investors, and the importance of sound governance practices in the global economy.
- Managing Conflict in Global Workplaces12.5
Managing Conflict in Global Workplaces
This subject provides an alternative view of the globalised workplace. It examines why conflict occurs in the workplace and how conflict is managed by different agencies, such as the state, employers and unions. It attempts to identify and explain the manifestation of workplace conflict around the world, analysing how employment systems have evolved and how different nations deal with the same problems. Countries that may be studied include the United States, Britain, Germany, Japan and Hong Kong. Issues that may be considered include refugees and child labour.
- Chinese Business and Economy12.5
Chinese Business and Economy
The subject analyses the dynamic re-emergence of China as a world economic power since the late 1970s, when China embarked on an extensive program of economic reform. We begin with an exploration of the early modern economic system that the People's Republic of China inherited in 1949. Next we explore the development strategies of the period under Mao Zedong. The primary focus of the subject is on the new economy that emerged under Deng Xiaoping from the 1980s, and the increasing complexity of economic reform as China joined the World Trade Organization in late 2001. We examine in detail such topics as changes in agriculture and rural living standards, the role of foreign direct investment and the multinational enterprise, the reform of state owned enterprises and corporate governance, and the emergence of a vibrant private sector and an increasingly large consumer market. Students will be able to apply the skills acquired to the analysis of not only China, but also other emerging markets or transitional economies in the contemporary global economy.