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Monash College Diploma of Business
A Monash College diploma in business, taught at UCL in Sri Lanka, with a transfer pathway to Monash University in Australia or Malaysia.
Awarded by
Duration
8 months
Intakes
February, June and October
Awarded by
Monash College, Australia
Study at
UCL campus, Rajagiriya
Level
Diploma (after A/Levels)
Overview
Overview
The Monash College Diploma of Business is taught at UCL in Sri Lanka after your A/Levels. It is designed as a pathway into Monash University.
You study microeconomics, marketing, business law, business statistics, financial accounting and finance, and people management, with electives in managerial communication and mathematics.
Start after A/Levels
Begin your Monash pathway in Sri Lanka as soon as you finish your A/Levels.
A pathway to Monash University
Enter Year 2 of your degree at Monash University in Australia or Malaysia.
Finish in 8 months
Three intakes a year: February, June and October.
Scholarships up to 40%
Awarded for exam results, leadership and sport. You do not need straight A’s to qualify.
Modules
Course structure
The units that make up the diploma.
Core units
- Microeconomics (MCD2020)Microeconomics is the study of humans in the ordinary business of life and recognises that people must make tradeoffs which involve costs between competing alternative uses of scarce resources.
- Marketing 1 : Marketing Theory and Practice (MCD2050)Develop a broad understanding of the formal discipline of marketing and the key marketing activities in business.
- Business Law (MCD2070)Introduces the way in which the law impacts business such as partnership law, law in relation to negligent conduct, and corporate laws.
- Business Statistics (MCD2080)Designed to provide skills in data analysis and statistical processes as applied to business and basic business computations and techniques.
- Managing People & Organisations (MCD2040)Enables students to develop an understanding of how organisations are managed and apply analytical skills to a range of managerial and organisational issues.
- Introduction to Financial Accounting (MCD2160)Provides an introduction to financial accounting guided by the Conceptual Framework and Accounting Standards.
- Foundations of Finance (MCD2170)Introduces students to the concepts of finance, financial mathematics, investment analysis, the financial system, risk management and the relationship of finance to other commercial disciplines.
Electives
- Managerial Communication (MCD2030) – ElectiveThis unit is designed to develop students’ awareness of communication issues and their own capacity as professionals to communicate effectively.
- Functions and their Applications (MCD2130) Commerce stream – ElectiveFocuses on the behaviour of functions and examining some of the applications to the real world.
- Business Mathematics (MCD2140) Business stream – ElectiveAims to provide students with the knowledge and skills to make effective use of mathematical ideas, techniques and processes in both business and everyday life.
Modules are indicative and may change. Optional modules run subject to availability.
Your lecturers
The people who teach you
Head of School of Business
Dr. Devangi Perera
Senior Lecturer. Programme Coordinator, Monash College Diploma of Business.
Senior Lecturer and Programme Leader
Roshan Kaluarachchi
Marketing, business strategy, customer experience management
Pathway
Progression to Monash University
The Diploma of Business takes you into Year 2 of a Monash University degree. Each campus offers its own range of degrees, so explore both lists before you choose.
AustraliaMonash University, Melbourne
Bachelor of Business
Specialisations
- Accounting
- Banking and Finance
- Business Analytics and Statistics
- Business Law
- Business Management
- Business Studies
- Economics and Business Strategy
- Financial Econometrics
- Human Resource Management
- International Business
- Marketing
- Sustainability and Responsible Management
- Taxation
Bachelor of Commerce
Specialisations
- Accounting
- Actuarial Studies
- Behavioural Commerce
- Business Analytics
- Business Law
- Econometrics
- Economics
- Finance
- Management Studies
- Marketing Science
- Mathematical Foundations of Econometrics
- Supply Chain Management
- Sustainability and Responsible Management
MalaysiaMonash University, Kuala Lumpur
Bachelor of Business and Commerce
Areas of study
- Accountancy
- Applied Economics
- Banking and Financial Management
- Business Analytics
- Business and Commerce Studies
- Business Law and Taxation (minor)
- Digital Marketing
- Econometrics and Business Statistics
- FinTech
- International Business Management
- Management
- Strategic Marketing
- Sustainability and Responsible Management (minor)
Monash University is ranked 31st in the world (QS World University Rankings 2027), and 36th for Economics and Econometrics and 38th for Accounting and Finance (QS World University Rankings by Subject 2026). The degree you are awarded reflects the specialisation you choose. Entry to Monash University depends on completing the diploma successfully and meeting the entry requirements of your chosen degree.
Entry requirements
Entry requirements
Requirements set by Monash College for the Diploma of Business. Not sure you meet them? See your other options.
Age
17 or older
If you are younger, you may be offered a deferred place.
A/Level results
Score of 7
Sri Lankan A/Levels: your best 3 academic subjects from one sitting, where A = 5, B = 4, C = 3 and S = 1. Cambridge or Edexcel A Levels: score of 6.
English
A/Level English B
Or IELTS 6.0 with 6.0 in writing, Pearson Test of English 50 (writing 50), or Duolingo English Test 105.
Don’t meet every requirement?
Talk to a counsellor. We will check your results and your options with you, free.
Fees and scholarships
Fees and scholarships
Download the current fee schedule, and check which scholarship you could qualify for.
Tuition fees
Current fees and payment plans
Get the full fee schedule for this programme as a PDF.
- Full tuition fees and payment dates
- Flexible instalment plans
- Early bird discounts for advance registration
Scholarships
Up to 40%
Awarded for exam results, leadership and sport. You do not need straight A’s to qualify.
FAQs
Frequently asked questions
Short answers to what applicants ask most.
Who is the diploma for?
Students who have completed A/Levels or the Monash University Foundation Year and want to enter Year 2 of a Monash University degree.
How long does it take?
8 months.
When can I start?
There are three intakes a year: February, June and October.
Where does it lead?
To Year 2 of a Monash University degree in Australia or Malaysia. The degrees are different in each country. See where this diploma takes you.
What English level do I need?
Sri Lankan A/Level English B, or IELTS 6.0 with 6.0 in writing. Other English results are accepted. See the full entry requirements.
Can I get a scholarship?
UCL offers scholarships of up to 40% for exam results, leadership and sport. A counsellor can tell you what you could qualify for.
Can I pay in instalments?
Yes. Flexible instalment payment plans are available.
Related programmes
Related programmes
Enquire
Talk to admissions
Apply online or talk to a counsellor about entry routes, fees and scholarships for this programme.
Apply now
Start your application for the next intake.
Call admissions
077 311 0000. Speak to a counsellor about this programme.
WhatsApp us
Send a message and get a reply from the admissions team.