Choose two:
Accounting Systems and Reporting
Unit Code:ACC60008
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
This unit aims to build a sound understanding of transaction recording and the preparation of the main reports using accounting information systems (AIS). You will build a sound understanding of management accounting foundations and AIS development processes/methods, and of accountants’ role in different stages of the systems development lifecycle. Finally, you will unpack the effects and implications of digital disruption and digital business transformation on accounting functions, and on the required roles and competencies of accountants.
Content
- The role of accounting in business
- Purpose of the conceptual framework and accounting standards
- Recording business transactions and preparing financial reports
- Cost concepts, cost behaviours and costing methods
- Accounting information systems (AIS) sourcing, design and development, implementation, maintenance, and lifecycle management
- Interpretation of financial reports and financial ratio analysis
- Impact of digital disruption and digital business transformation on accounting roles and competencies
- Leveraging digital technologies to expand accounting value creation (e.g., Big data, IoT, blockchain, artificial intelligence, robotics).
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Economics
Unit Code:ECO80001
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
This unit is designed to provide students with skills and practice of understanding, interpreting and evaluating microeconomic and macroeconomic issues. In particular the unit focuses on developing students' ability to apply these skills to real world applications of relevance to accountants and other business professionals.
Content
- General principles of Microeconomics
- Supply and demand
- Market behaviour
- Costs of production
- Four alternative market structures
- Market failure and resource allocation
- Measuring macroeconomic performance
- Determinants of macroeconomic performance
- Inflation and unemployment
- External balance and foreign exchange markets
- Government economic policies – fiscal and monetary policies
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further information on this unit.
Opportunity Discovery
Unit Code:ENT60006
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
This unit provides the fundamental knowledge base and skills necessary for anyone wishing to study or work as an innovator and/or entrepreneur. The processes and evaluation techniques taught in this unit can be applied to entrepreneurship and innovation in any context: new businesses, existing businesses (small or large), not-for-profit, public service. The unit aims to critically reflect on real world innovations and entrepreneurial practice using key ideas, concepts, models, procedures, tools, methods and literature in the innovation and entrepreneurship disciplinary environment. Design and discovery principles are applied in order to discover and test product-market fit.
Content
After successfully completing this unit, you will be able to:
- Apply coherent and advanced knowledge concepts, techniques and tools in regards to discovery and development of entrepreneurial opportunities
- Apply the fundamentals of entrepreneurship to develop business skills and apply for customer development
- Critically analyse business models in startup development and develop skills in building business models
- Demonstrate integrity, ethical conduct, accountability, respect and a developing awareness of professional practices and cultural norms in a global and sustainable context
- Work collaboratively in groups analysing, presenting and applying a range of startup tools in order to discover and develop the opportunity.
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Corporate Financial Management
Unit Code:FIN80005
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
The aim of the unit is to foster a robust financial awareness in students and enable them to make informed investment and financing decisions for sustainable value creation. It helps students to distinguish between ‘opportunities’ and ‘traps’ as well as the relationship between risk and reward. It is intended to create appropriate practical skills of seeking out information, looking at a problem from the perspectives of leadership challenges, marketing imperatives, technological changes, strategic fits, and financial prudence, and engaging into meaningful debate on those issues.
Content
- The role of finance in business
- The goal of financial management
- The concept and use of time value of money
- Valuation of shares and securities
- Capital budgeting decisions
- Capital market efficiency
- Risk and return
- Cost of Capital
- Capital structure and leverage analysis
- Financing decision for a growing firm
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further information on this unit.
Designing for Change
Unit Code:ENT80035
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
This unit focuses students on utilising innovation and design approaches to the challenge of delivering a business project. The unit aims to extend students’ thinking in terms of creating solutions that go beyond traditional boundaries. The unit encompasses the societal and commercial/business aspects of innovation and design.
Content
- The innovation process
- Future Action Model
- Group working, networking and creating spark
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Behaviour in Organisations
Unit Code:HRM60016
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
This unit introduces students to the fundamentals of management and organisational behaviour in the context of today's global business environment. It examines the major theories and models in areas of communication, group dynamics, individual behaviour and motivation, decision-making, leadership, power and politics, change and resistance, and ethics and social responsibility. It places particular emphasis on the application of theory to dilemmas and issues likely to confront managers today and in the future.
Content
- Models in areas of communication, group dynamics, individual and group behaviour and motivation, decision making, leadership, power and politics, change and resistance, and ethics and social responsibility
- Introduction to organisational behaviour approaches including critical management thinking, paradigms and theories
- Applications of organisational behaviour theories to dilemmas and issues likely to confront managers today and in the future
- The politics and ethics of managerial and employee behaviour in organisations
- Organisational problems and issues relevant to organisations operating in a global and diverse workplace.
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Leading Innovation in the Workforce
Unit Code:MGT60044
Contact Hours:Recommended 12–15 hours of study per week
Description:
About this unit
This unit offers students an opportunity to evaluate and reflect on the role increased significance that leadership and innovation are set to play in the future workforce.
Gain an understanding of how adaptable leadership fosters innovation within organisations and society more broadly. You will discuss the ever-changing context of work (e.g., the fourth industrial revolution and beyond, flexible working, workforce transformation) and key approaches, strategies, and practices of innovative leadership (e.g., adaptive leadership, psychological safety, culture of innovation).
Upon graduation you will have everything you need to become a future-fluent leader, adept at leading organisations through organisational challenges.
Content
- The fourth industrial revolution and beyond
- Emerging futures of work
- The age of transformation
- Adaptive leadership
- Building a culture of creativity and innovation
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further information on this unit.
Business Strategy
Unit Code:MGT80002
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
This unit provides students with skills and practice of strategic management and critical thinking techniques in turbulent environments. In addition, the subject develops skills in using strategic and foresight tools and critical evaluation of strategic alternatives in the context of small to medium enterprises involved in single industry, as well as strategic business units of large corporations. Its main focus is not only the generation of viable strategic alternatives to gain competitive advantage but also developing a viable implementation plan.
Content
- Overview of Strategic Management – past, present and future trends
- The future of strategy and relevance of non-linear reality in entrepreneurship, innovation, and its implication on competitive advantage – external environment analysis
- Creative destruction versus new business creation – identification and evaluation of business opportunity
- Evaluating and managing the internal environment
- Sorting the Strategy Tool Box
- Developing strategic alternatives and selection of viable strategy
- Implementing the strategy – allocation of requisite resources
- Strategy review, evaluation and control.
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Leadership for Innovation
Unit Code:ORG80008
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
This unit is designed to provide students with skills and practice that are critical in leading innovative and entrepreneurial activities and ventures in established organisations. Its focus is the individual and collective leadership behaviours and practices that enable organisations to develop innovative teams and cultures, and successfully establish and sustain high growth entrepreneurial initiatives. It is intended that students are able to apply effective thinking and practice in a range of organisational, industry and cultural contexts.
Content
- Overview of leadership issues in relation to innovation in the context of established organisations
- Leadership capability self assessment
- Creating energy in self and teams for innovation and change
- Holding and managing the tension of competing corporate mind-sets
- Influencing culture to innovate
- Strategic relationship management
- Ethical and sustainable leadership
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further information on this unit.
Marketing Management
Unit Code:MKT60010
Contact Hours:Recommended 8 hours of study per week
Description:
About this unit
The aim of this unit is to provide professionals a framework for marketing. The unit is taught from a marketing management perspective and examines the scope and role of the marketing discipline, equipping participants with the tools for the management, analysis, development and implementation of marketing strategies. Specifically, the unit examines the role and influence of marketing in the context of modern business; explains the key concepts, models and theories upon which the practice of marketing is based; applies key concepts, models and theories in the development of marketing planning; and critically assesses the various marketing challenges firms face in a competitive market place.
Content
- Marketing and value exchange
- Competitive advantage
- Capturing market insights
- Connecting with consumers
- Brands, branding, brand equity
- The marketing process and strategic planning
- New product development process and diffusion of innovation
- Delivering value
- Communicating value
- Implementation of the marketing plan, and evaluation and control of marketing performance
- Marketing performance and the future of marketing
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Corporations and Contract Law
Unit Code:LAW60003
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
The general aim of this core unit is to enable students to gain an understanding of the law applicable to contracts and companies that are employed in the modern business environment. In particular the primary focus is on the contracting activities and its repercussions relating to businesses and entrepreneurial activities. The operations of the Corporations Act2001 (Cth) which regulate the activities of companies, company officers and shareholders also take significance in this unit.
Content
- Topic 1: The Australian Legal System, Formation of Contract
- Topic 2: Terms of Contract
- Topic 3: Validity of Contract
- Topic 4: Termination of a Contract and Remedies
- Topic 5: Characteristics of a Company & its Constitution
- Topic 6: Company’s Relations with Outsiders including Company Contracts
- Topic 7: Directors’ Duties
- Topic 8: Members’ Remedies and Company Insolvent Trading
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Contemporary Issues in Business Analysis
Unit Code:INF80014
Contact Hours:Recommended 10 hours of study per week
Description:
About this unit
This unit brings business analysis to the forefront as a practice that drives reform in organisations, optimising the application of project management methodologies. Students will learn how strategic and operational business priorities inform and justify Information Technology (IT) investments, and will develop an understanding of these techniques by applying them to real-life case studies.
Content
- Business and information analysis
- Business information requirements
- Systems analysis for organisational problem solving
- Soft Operations Research approaches
- Sociotechnical theory
- Systems development and acquisition
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further information on this unit.
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