Bachelor of Business (Banking and Finance) - BBus(Bkg&Fin)
Course
code: 0312
Course coordinator: To be advised
This course is principally designed for students seeking a career in the
banking and finance industry or who are already employed in the banking and
finance industry and are seeking a relevant tertiary qualification on a
part-time basis. In addition to a core of business foundation subjects, the
course provides specialist study in a number of key functional areas of
relevance to financial institutions and markets. Three elective subjects may be
taken during the second half of the course. For electives, see under 'Choice of
elective subjects for Bachelor of Business students - Caulfield and Peninsula
campuses' at the end of this section.
The
objectives of this course are:
- to provide a course of direct relevance to careers in business and
specifically in the banking and finance industry, which should allow the
graduate to make an early contribution;
- to provide thorough exposure to a wide range of disciplines to ensure
that the graduate achieves a comprehensive business training and develops a
broad perspective on business and its role beyond his/her specialised area of
interest;
- to provide an education that emphasises the changing nature of business
theory and practice, thereby encouraging the student to become an independent
learner cognisant of his/her needs for continuing education;
- to develop skills in communication and interpersonal behaviour, allowing
students to work effectively both in a team and independently;
- to develop the capacity to synthesise and apply knowledge from a number
of separate disciplines when analysing specific problems;
- to establish a suitable basis for postgraduate study.
On
completion of this course a student should be able to:
- explain the main features of the Australian financial system, and of the
international financial system, including institutional arrangements, financial
instruments and the relevant legal framework;
- use mathematical and computing aids in financial applications such as
interest calculations, pricing financial instruments and measurement of
financial risk;
- analyse the different risks and returns faced by financial institutions
and other participants in financial markets; and assess the effectiveness of
alternative management systems;
- satisfy the educational requirements of the Australian Institute of
Banking and Finance;
- access research materials from various sources, identify relevant
financial areas which would justify further research and plan appropriate
research strategies.
In
addition to part one, section four of the degree regulations, the following
credit transfers have been standardised for the Bachelor of Business (Banking
and Finance):
- holders of the AAIB award from the Australian Institute of Banking and
Finance are eligible for credit for up to six subjects to be determined by the
course coordinator;
- members of the Institute of Chartered Secretaries and Administrators
will be granted credit for three subjects.
- holders of a recognised Certificate of Business Studies from a TAFE
college are eligible for credit for up to a maximum of four subjects in the
course, to be determined by the course coordinator;
- holders of a relevant associate diploma (with Year 12 entry) from a
TAFE college may be eligible for credits up to a maximum of eight subjects.
Day
and evening classes are offered at the Caulfield campus.
The
degree satisfies the educational requirements for senior associate membership
of the Australian Institute of Banking and Finance. Holders of the degree who
have not completed the two years employment in the banking and finance industry
required for senior associate membership are eligible for associate membership
in the interim.
- AFX1110 Accounting for financial decision making
- ETX1640 Business mathematics and statistics
- ECX1710 Macroeconomics
- MGX1300 Introduction to management
- AFF0031 Elective
- AFX3331 International banking and finance
- AFF3841 Lending decisions
- MKX3141 Issues in competitive advantage