Bachelor of Businesswith a Major in Accounting and Finance

About this unit

The unit provides an opportunity for students to apply skills and engage in a consulting project for an industry partner. Multidisciplinary teams will work on a live problem solving project from profit or not-for-profit enterprises operating in either private or public sectors. Teams will work under the guidance of a coach with project specific inputs from the industry client briefs. In the final week, teams will deliver their findings and recommendations to industry partner through an oral presentation and a written report. The unit aims at facilitating a successful transition from academic learning environment to work environment.

Content

• Applying discipline knowledge to a real-world context
• Principles, overviews and discipline issues that relate to the project context
• Interpreting and responding to project briefs
• Team dynamics, management tools and processes
• Communications issues and stakeholder expectations
• Research methods
• Critical and reflective practices
• Documenting project developments and recommendations

This unit is found in Bachelor of Business With a Major in Business Administration, Bachelor of Business With a Major in Logistics and Supply Chain Management, Bachelor of Business With a Major in Management, Bachelor of Business With a Major in Marketing, Bachelor of Business With a Major in Sports Management, Bachelor of Business With a Major in Accounting.

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Unit code: BUS30024
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

Advanced Innovative Business Practice is the first of the two mandatory capstone units of the Bachelor of Business. In this unit, you will consolidate past learning, with important issues discussed earlier in the program, being revisited in cross-disciplinary contexts. Contemporary Innovation theories, models and frameworks will be infused into established business and management paradigms to facilitate a comprehensive understanding of the challenges and opportunities facing today’s business. Through this holistic application you will be able to analyse and evaluate business problems in order to offer practical, innovative and creative solutions which display awareness of the impact of such decisions on the organisation’s triple bottom line, that is, people, planet and profit.

Content

• Contemporary innovation frameworks and business models to facilitate creative problem solving
• Practical application of disciplinary knowledge to business contexts
• Ethical business practices
• Stakeholder considerations
• Integrated reporting factors
• Cultural diversity and sensitivity
• Professional team dynamics and team performance
• Advanced presentation and communication skills
• Reflective examination of personal learning

This unit is found in Bachelor of Business With a Major in Accounting, Bachelor of Business With a Major in Business Administration, Bachelor of Business With a Major in Management, Bachelor of Business With a Major in Marketing, Bachelor of Business With a Major in Sports Management, Bachelor of Business With a Major in Logistics and Supply Chain Management.

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Unit code: COM10011
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

This unit has originated from a desire to give students an inspirational and engaging educational experience at the commencement of their business degrees. Infused with real world examples, the unit aims to develop an understanding of innovation practices and confidence and capability in communicating online within professional and academic settings. The unit focuses on innovation, communication, self-awareness and professional identity and the creation of a personal development plan.

Content

• Build confidence and capability in communicating online
• Develop a strong passion for business and innovation
• Develop the ability to be original, creative and forward thinking
• Establish and propagate their own brand and identity, and
• Demonstrate increasing self-awareness

This unit is found in Bachelor of Business With a Major in Business Administration, Bachelor of Business With a Major in Logistics and Supply Chain Management, Bachelor of Business With a Major in Management, Bachelor of Business With a Major in Marketing, Bachelor of Business With a Major in Sports Management and Bachelor of Business With a Major in Accounting.

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Unit code: ECO10004
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

The aim of this unit is to provide students with an introduction to microeconomic and macroeconomic theory with business and government policy applications. At the conclusion of the subject, students will understand important micro and macroeconomic concepts and how they improve decision making in business and government.

Content

• Economic concepts of opportunity cost and comparative advantage
• Market behaviour
• Market failure
• Macroeconomic indicators
• Business cycle and economic growth
• Government stabilisation policy

This unit is found in Bachelor of Business With a Major in Marketing, Bachelor of Business With a Major in Sports Management, Bachelor of Business With a Major in Accounting, Bachelor of Business With a Major in Business Administration, Bachelor of Business With a Major in Logistics and Supply Chain Management and Bachelor of Business With a Major in Management.

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Unit code: ECO20004
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

The objectives of Macroeconomic Policy are for students to (i) understand how to evaluate macroeconomic conditions such as growth, unemployment and inflation; (ii) understand how fiscal and monetary policies can be used to influence short-run macroeconomic conditions; and (iii) understand media accounts of macroeconomic issues. ECON20004 is a useful unit for students who want to major in economics, accounting, finance, law and other business disciplines as it provides a coherent framework for considering many topical issues concerning the operation of macroeconomy in a contemporary international setting.

Content

• National Income
• Monetary System
• The Quantity Theory of Money
• Inflation and Interest Rates
• Unemployment and Labor Market
• Saving and Investment
• The International Flows of Capital and Goods
• Exchange Rates
• The Facts about the Business Cycle
• The Goods Market and the IS Curve
• The Money Market and the LM Curve
• The Short-Run Equilibrium
• The Mundell-Fleming Model and The Exchange Rate Regime
• Theory of Aggregate Supply
• Inflation, Unemployment, and the Phillips Curve
• Stabilization Policies
• Financial System and Financial Crisis
• Government Debt and Budget Deficits

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Unit code: FIN10002
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

The modern business involves many decisions and managers need the skills, technologies, procedures to successfully derive appropriate solutions to benefit the organisation. This unit will focus on data science as an analytical and decision-making tool, in a variety of business contexts, with a major emphasis on interpretation and application using Excel.

Content

• Descriptive statistics
• Analysis of statistics
• Inferential statistics
• Hypotheses testing
• Regression and time series analysis
• Basic modelling techniques
• Financial mathematics
• Financial statement modelling and valuation
• Case studies and applications

This unit is found in Bachelor of Business With a Major in Accounting.

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Unit code: FIN20013
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

This unit expands the understanding of theoretical concepts introduced in prior units on monetary policy and financial markets. Students will be taken through the development, regulation and deregulation of the Australian financial market, and how changes have corresponded to changes in economic thought. The unit provides an overview of monetary theory, debt, equity and derivative markets and the role of derivative products in risk management. The impacts of how changes in official interest rates are transmitted to activity in the real economy are also explored as are current fiscal and monetary policy.

Content

• The development, regulation, deregulation and performance of the Australian financial system
• Risks of the financial institutions
• Regulatory requirements and Off-Balance-sheet activities
• Interest rate Risk
• Market Risk
• Credit Risk
• Technology and Operational Risk
• Liquidity and Liability & Liquidity Management

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About this unit

The aim of this unit is to enable students to focus on the goals and functions of corporate financial management. It is designed to enable students to acquire an understanding of the scope and nature of the finance function and its role within corporate management.

Content

• An introduction to corporate financial management
• The time value of money
• Valuing shares and bonds
• Capital budgeting, NPV, making capital investment decisions
• Risk and return, capital asset pricing model
• Weighted average cost of capital
• Financial leverage and capital structure policy

This unit is found in Bachelor of Business With a Major in Accounting.

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Unit code: FIN30014
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

This unit enables students to analyse the sources of financial risk as well as the importance of implementing hedging procedures in order to mitigate risk. The unit is designed to equip students with quantitative skills and understanding of a variety of derivative instruments that can be used for hedging purposes, while broadening their knowledge of managing risk within an ethical framework. The increasing instability of global financial markets and ethical scandals underscores the importance of this unit, whereby it has become a basic best practice in order to mitigate unforeseen losses. Students will also learn to how to mitigate financial risks using a variety of financial derivatives.

Content

• Introduction to financial risk management
• Futures and forwards – pricing, valuation and their use in hedging financial risk
• Options – option types, option payoffs, principles of option pricing, option strategies, hedging with options
• Interest rate and foreign currency swaps.
• Interest rate derivatives, using interest rate caps and collars for hedging
• Credit derivatives – credit default swaps (CDS); collateralised debt obligations (CDO)
• Financial risk management policies and procedures, ethics and governance

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Unit code: LAW20019
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

This unit provides student with knowledge of investment, how to apply cash flow discounting valuation methods to assist decision during the process of marking an investment. Students will be introduced to conventional asset pricing models in finance, Markowitz portfolio theory and how to apply standardised benchmark when assessing and comparing investment portfolio. Other than investing in the equity market, this unit also covers emerging topics in investment markets such as behavioural issue in finance, current trends in investment, and technical analysis.

Content

Investments and securities markets
• Valuation framework
• Theory on market efficiencies
• Portfolio theory
• Investments at the emerging markets
• Indirect investments and exchange traded funds market
• Strategies in equity portfolios
• Behavioural issues in investments and technical analysis
• Fixed income market
• Equity derivative instruments

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Unit code: INB60003
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

This unit engages students to understand multidisciplinary and interdisciplinary approaches to international trade and investment issues. It examines the interactions between economic, political, strategic and legal aspects of international trade and investment policies at national, regional and global levels and includes the ways in which WTO members affect and affected by regional and multilateral trade agreements.

Content

• Gains from trade
• International business restrictions
• Non-tariff barriers
• Trade restrictions
• Trade liberalisation
• Trade blocs
• Gains from trade and investment
• International economic agreement and investment
• Internal investment and political risk
• Free Trade Agreements
• Aid for Trade

This unit is found in Master of Business Administration.

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About this unit

Introduction to Business Information Systems aims to instil an appreciation of how technology can be used to assist business, without the technology becoming an end in itself. In particular, the unit aims to generate an awareness of the importance of information to decision-making and how to provide such information to ensure its usefulness to the decision makers. Students gain a strong foundation of business systems fundamentals and the influence of the Internet on business stakeholders; customers, suppliers, manufacturers, service makers, regulators, managers and employees.

Content

• Organisations in the digital economy
• Information Systems: their evolution to current role and purpose in business & society
• Strategic review of purposes of commercial business, organisational requirements for Information Systems
• Data and information management in the digital economy; Ethical, legal and security issues; Databases, and their importance to contemporary business
• Business processes: evolution and support of IS
• E-Commerce Networks and commercial internet applications
• IS to support business transactions & processes; Transaction processing systems, supply chain management, customer relationship management; enterprise systems
• IS to support managerial decision making, business intelligence, decision support, and knowledge management; the nature of IS management
• Information Systems requirements analysis; Information systems acquisition, development, and implementation

This unit is found in:

• Bachelor of Business With a Major in Logistics and Supply Chain Management
• Bachelor of Business With a Major in Management
• Bachelor of Business With a Major in Marketing
• Bachelor of Business With a Major in Sports Management
• Bachelor of Business With a Major in Business Administration
• Bachelor of Business With a Major in Accounting

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Unit code: LAW20019
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

The aim of this 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 Act 2001 (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 and Company Insolvent Trading
Topic 8: Members’ Remedies

This unit is found in Bachelor of Business With a Major in Accounting and Bachelor of Business With a Major in Business Administration.

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Unit code: LAW30002
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

This unit aims to provide students with an understanding of the laws of financial regulations governing the provision of financial services to retail and wholesale clients in Australia. Detailed consideration is given to the role of regulators, the banker- customer relationship, electronic banking, insurance and superannuation. The unit also sensitises students to the ethical considerations faced when dealing with consumers on behalf of financial institutions.

Content

• Brief introduction to the Australian legal system and the regulations relating to the provision of financial services
• Banker and customer
• Legal relationship between lender and borrower
• The Banking Code, Financial Ombudsman Service and the Australian Financial Complaints Authority
• Financial transactions in the digital environment
• Insurance law
• Superannuation law
• Consumer protection
• Ethics in the financial industry.

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Unit code: MGT10001
Duration: 1 Teaching Period
Contact hours: Recommended 10 hours of study per week

About this unit

This unit aims to provide a broad understanding of management and its importance in enabling organisations to be effective within a diverse globalised environment. Students will learn to describe the four basic management functions of planning, organising, leading and controlling across an organisation; understand the application of some basic management principles in an increasingly global business environment; understand the importance of behaving in a professional and ethical manner; and prepare academic reports and essays including case studies using the appropriate format.

Content

Topics covered include introduction to:

• The challenge of management including the diversity of skills required
• The historical theories and views on management
• The nature of the external and internal environments including culture
• Social responsibility and ethics in management
• Planning and creative decision-making, including developing strategies
• Organising, leading and managing individuals and groups, including motivation
• Communication, including professional report writing

This unit is found in Bachelor of Business With a Major in Accounting, Bachelor of Business With a Major in Sports Management, Bachelor of Business With a Major in Business Administration, Bachelor of Business With a Major in Logistics and Supply Chain Management, Bachelor of Business With a Major in Management and Bachelor of Business With a Major in Marketing.

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About this unit

At the conclusion of this unit of study, the successful student will have acquired an understanding of key Marketing concepts and their application to modern business. This understanding of Marketing will also aid in the understanding of other disciplines in the Bachelor of Business/Commerce as well as providing a strong philosophical foundation for the vocational study of Marketing. In addition, students will have started the journey towards graduation and as such, this unit of study aims to provide students with opportunities to develop graduate attributes. This unit of study provides students with a series of learning opportunities designed to explore basic business and Marketing concepts from a variety of viewpoints including theoretical and applied perspectives.

Content

• An overview of marketing
• Marketing ethics
• The marketing environment
• Buyer behaviour
• Marketing information and research
• Segmentation, targeting and positioning
• Branding
• Goods and services
• Marketing channels and logistics decisions
• Integrated marketing communications
• Pricing

This unit is found in Bachelor of Business With a Major in Logistics and Supply Chain Management, Bachelor of Business With a Major in Management, Bachelor of Business With a Major in Marketing, Bachelor of Business With a Major in Sports Management, Bachelor of Business With a Major in Business Administration and Bachelor of Business With a Major in Accounting.

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