Course director: Mr Andrew Robertson
The course
This combined course is designed for students seeking either a career in law or in the banking and finance industry. Some students may already be involved in the banking and finance industry and seeking to gain relevant tertiary qualifications on a full-time or part-time basis. In addition to providing a core of law and business foundation subjects the course provides specialist study in key areas.
Objectives
The objectives for the Bachelor of Business (Banking & Finance)/Bachelor of Laws double degree are to:
* provide a course of direct relevance to careers in the legal profession and in business specifically in the banking and finance industry, which should allow the graduate to make an early contribution
* provide thorough exposure to a wide range of disciplines to ensure that the graduate achieves a comprehensive legal and business training and develops a broad perspective on business and law and their roles beyond his/her specialised area of interest
* provide an education that emphasises the changing nature of the theory and practice of business and law, thereby encouraging the student to become an independent learner cognisant of his/her needs for continuing education
* develop skills in communication and interpersonal behaviour, allowing students to work effectively both in a team and independently
* develop the capacity to synthesise and apply knowledge from a number of separate disciplines when analysing specific problems
* establish a suitable basis for postgraduate study.
Venue
The first three years of the course will be combined studies in business and law and require students to study at the Caulfield and Clayton campuses. The remaining two years will be undertaken at the Faculty of Law, Clayton campus.
Credit for work done elsewhere
Information on credit for work done elsewhere will be available from the relevant faculty administration office.
Entry requirements
Candidates for this double degree are required to meet the individual entry requirements of both the Bachelor of Laws and the Bachelor of Business (Banking and Finance).
Course structure
Subjects offered at Caulfield campus are taught by the Faculty of Business and Economics. Subjects taught by the Faculty of Law at Clayton campus are asterisked (*).
Year One
First semester
* FIN1710 Macroeconomics
* ECM1640 Business mathematics and statistics
* ACC1110 Accounting and financial decision making
* LAW1100 Legal process (equivalent of 2 units)* full year subject
Second semester
* FIN1300 Money and capital markets
* MGM1300 Introduction to management
* FIN2710 Microeconomics
Year two
First semester
* FIN2331 Monetary theory and policy
* FIN2401 Commercial banking and finance
* MKT1120 Marketing theory and practice
* LAW2100 Contract (equivalent of 2 units)* full year subject
Second semester
* FIN2171 Business statistics and forecasting
* FIN3841 Lending decisions
* ACC2631 Financial management
Year three
First semester
* FIN3651 Treasury management
* MGM3231 Strategic planning for financial institutions
* LAW2200 Torts (equivalent of 2 units)* full year subject
* LAW3400 Property (equivalent of 2 units)* full year subject
Second semester
* FIN3331 International banking and finance
* SYM3141 Issues in competitive advantage
Year 4
* LAW3100 Administrative law* full year subject
* LAW3200 Constitutional law* full year subject
* LAW3300 Criminal law and procedure* full year subject
* and optional law subjects totalling 45 value points*
Year 5
* LAW5500 Moot Court* full year subject
* and optional law subjects totalling 135 value points*
It is recommended that double degree Bachelor of Business (Banking and Finance)/Bachelor of Laws students study LAW4104 Australian Banking Law and LAW5105 Credit and Security Law as electives in Year 4 or Year 5 in order to fulfil the educational requirements for Senior Associate membership of the Australian Institute of Bankers. Electives should be planned carefully as those electives are not usually offered every semester.
Full details of each subject are available in the handbooks of the Faculty of Business and Economics and the Faculty of Law.