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    www.monash.edu/business-economics

    What is Problem Based Learning?

    Problem Based Learning (PBL) is a unique way of learning

    that teaches you how to solve complex problems, by teaching

    business skills in a practical way.

    Widely used in medical schools in Australia and internationally, the

    PBL pedagogy is now being adopted in leading business schools

    in Europe. Based on the success of these international programs,

    Monash University is the first of the Australian Group of Eight

    universities to offer an undergraduate business degree where all

    core units are undertaken in PBL mode.

    While you will study the same course content as the Bachelor

    of Business students at our Caulfield campus, instead of the

    traditional lecture/tutorial format, the PBL methodology uses a

    small group approach to teaching, focusing on solving business

    problems similar to those you will typically encounter in the

    workforce.Only available at Monash Universitys Peninsula campus, the

    Bachelor of Business PBL program aims to provide you with the

    skills needed for leadership and management in the business

    world, now and into the future.

    PBL is a practical approachto studying business. Youhave a better connectionwith the work that you aredoing. You also have a

    greater understanding of theconcepts, because youre

    not only learning them, youreapplying them.

    2012 Bachelor of BusinessPBL student

    AUSTRALIA CHINA INDIA ITALY MALAYSIA SOUTH AFRICA

    Problem Based Learning: A new way ofstudying business

    Faculty of Business and Economics

    Bachelor of Business

    To be successful in business you need practical skills and a strongunderstanding of the complexities of the business environment in particular,

    how the individual parts of a business work, and how they affect each other

    and the overall success of a business. Whether you end up working in a global

    organisation with thousands of employees, or a small business with just a few

    staff, a broad understanding of business fundamentals and how a business

    works will be essential to advance your career.

    This is what sets our Bachelor of Business degree apart. As well as developing

    technical expertise and practical skills in your area of specialistion, you will also

    learn crucial skills such as how to think analytically, how to act decisively, and

    how to manage people. Its this mix of practical and analytical business skills

    that will give you the confidence and ability to make positive contributions to

    your organisation and improve the way your business operates.

    The Bachelor of Business is offered at our Caulfield and Peninsula campuses.

    At Caulfield, the course is taught using traditional teaching methods, while at

    Peninsula, the PBL approach is adopted.

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    How does it work?

    1. You learn course content by solving real business

    problems. The problems that you are given reflect

    compelling contemporary issues in your field of study.

    2. You work in small groups to analyse, research, and

    discuss problems, and develop and defend solutions to

    these problems. You learn from each other as well as

    from your academic mentors. Sometimes you will leavethe classroom and head into industry and undertake your

    learning there.

    3. As you engage with these problems you will acquire a

    comprehensive knowledge of business discipline areas

    as well as strong skills in communication, team work,

    analysis, combining theory with practice and, of course,

    problem solving.

    4. You will have access to a stimulating learning environment

    with the educational support necessary to maximise your

    learning outcomes. PBL business units have more face-

    to-face class time than traditional business units. This

    means that you are individually supported by teachingstaff throughout the course of each days learning

    activities, and are able to receive feedback to help them

    better understand the principles being discussed.

    5. Because of your in-depth involvement with your within-

    semester assessment tasks, there is less emphasis on

    end of semester exams.

    We would like our graduates toreally have those skills that enablethem to work well in teams. Ourbusiness is all team orientated.Its identifying a problem that aclient might have and its being

    able to work to solve that problem.There are no labels of divisions;there are no labels of topics. Wehave to take a problem and wehave to provide a solution.

    Rob Dalton, Partner,Ernst & Young

    Benefits of Problem Based Learning

    In addition to gaining a degree from a world-class

    university, the Bachelor of Business at Peninsula offers you

    the opportunity to gain skills that will provide you with a

    competitive advantage in the workplace.

    Stimulating learning environment

    As most of the problems you will address have a real life

    basis, you will develop a strong understanding of how

    businesses operate, and gain an appreciation of the link

    between theory and practice.

    InternshipsAs part of your course, you will have the opportunity to

    participate in our industry-based learning program. Equivalent

    to two units of academic study, this component of the PBL

    course provides you with practical experience in the business

    world before you leave university.

    Employability

    Every industry needs people with business skills. Monash

    Universitys PBL approach gives you an opportunity to stand

    out from the crowd by equipping you with skills that are highly

    sought-after by employers. These include:

    the ability to apply knowledge from different businessdiscipline areas to solve real-world problems

    teamwork and time management

    a strong capacity for autonomous research and effective

    communication.

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    The Bachelor of Business at Peninsula currently offers a

    choice of three majors:

    Business strategyprovides a firm foundation in business

    skills and knowledge synthesis. These abilities are required

    by business strategists and decision makers who are

    involved in identifying and implementing a companys

    values, mission, vision and objectives and provide direction

    for the business. The major is composed of units drawn

    from the management, marketing, and accountingdiscipline areas.

    Marketing and communicationprovides skills in the

    interrelated disciplines of marketing and communication,

    which play a key role in helping organisations respond to

    their customers and other stakeholders.

    Sports managementprovides the skills needed to

    engage in a range of sport-related businesses and

    activities. These include managing sports facilities, events,

    teams, and competitions as well as the marketing and

    administration of sport.

    In addition, you will have the opportunity to specialise in

    another area of business at Peninsula campus, or undertakea four-unit minor sequence in tourism. You can also elect to

    undertake additional units (or another major) at one of our

    other metropolitan campuses. Specialisations undertaken

    at another campus will be offered in a traditional lecture/

    tutorial mode.

    Entry requirements

    VCE applicants require Units 3&4 a study score of at

    least 30 in English (ESL) or 25 in any other English, and a

    study score of at least 25 in mathematics (any).

    IB applicants require a score of at least 4 in English SL or

    3 in English HL or 5 in English B SL or 4 in English B HL,

    and a score of at least 4 in mathematics SL, or in furthermathematics SL, or in mathematical studies SL; or a score

    of at least 3 in mathematics HL.

    SEAS and subject bonuses may apply. Selection is

    competitive.

    For information on alternative pathways please contact

    9904 4314 or [email protected]

    Bachelor of Business

    Typical ATAR 80-82/IB 30

    3 years full time

    Course structure (Peninsula)

    Six compulsory core business units:

    Principles of accounting and finance

    Commercial lawMicroeconomicsBusiness statisticsIntroduction to managementMarketing theory and practice

    An eight-unit major in:

    Business strategyMarketing and communicationSports management

    Plus

    A further 10 units of elective study. Two units must be electivesfrom within the Faculty of Business and Economics. The remaining

    eight* units can be electives from within the Faculty, or across theuniversity. You also have the opportunity to undertake a business

    internship or business research project (equivalent to two units). * These eight units can be used to form a second major in another discipline

    area.

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    www.monash.edu/business-economics

    Monash University reserves the right to alter information, procedures, fees and

    regulations contained in this document. Please check the Monash University website

    for updates (www.monash.edu). All information reflects prescriptions, policy and

    practice in force at time of publication. Published July 2013.

    CRICOS provider: Monash University 00008C

    Faculty of Business and EconomicsPeninsula Campus

    McMahons Road

    Frankston

    Victoria 3199, Australia

    Telephone: +61 3 9904 4314Email: [email protected]

    www.monash.edu/business-economics

    www.facebook.com/busecopeninsulamonash

    Business

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    (Accounting)

    Bachelor of Arts/Bachelor of Business (Banking

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    Bachelor of Commerce/Bachelor of Business

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    Bachelor of Commerce/Bachelor of Economics

    Bachelor of Commerce Scholars Program/

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    Bachelor of Commerce/Bachelor of Education

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    (Honours)

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    Bachelor of Commerce/Bachelor of Science

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